moody's said on monday it lowered the rating of greek debt from the already below investment grade of b.a.-1 to b.-1. since running into a debt crisis last year, greece has been trying to turn around its fiscal health with the aid of the european union. moody's says greece has made some progress on fiscal reform but the agency has doubts whether the country will be able to deliver on its revival plans. it cites a green outlook -- grim outlook for revenue growth due to issues with its tax system. credit concerns still run high in the region. ireland's new government is asking for a rate cut on an eu emergency loan, but it's unclear whether the eu would agree to the terms. meanwhile, state bonds of portugal and other countries with huge deficits remain on a downward trend. >>> the world's largest luxury goods group, lvmh, the maker of louis vuitton handbags, has announced that it will acquire italian jewelry house bulgari. lvmh, louis vuitton, amountainoused it will trade some of its shares for a 51% stake of bulgari currently held by the owner family. lvmh said it will purchase the rem

by half a percent this year jeff gannon is the moody's mark zandi so this about the g.o.p.'s efforts imposing additional government spending cuts as house republicans want would be taking an unnecessary chance with the republic with the recovery even the g.o.p. has banks their buddies are at odds with a proposed budget cut last week goldman sachs warned that republicans could cut economic growth by up to two percent this year with good budget plans so what the heck is the g.o.p. trying to do here there was some answers i'm joined in field house federal budget budget policy analyst at the economic policy institute andrew welcome to you very great to have you here. i saw an article in the financial times last week with the goldman sachs analysis and in fact we talked about here in the program where they were saying basically you know anywhere from a half a percent to two percent of increased unemployment was actually was a loss of g.d.p. loss of growth i guess right and and that would of course translate into higher unemployment which would translate into a lot of really p.o.

tim, we'll move now to greg moody. greg moody is director, i created department of health transformati transformation. when he lays it out to you, you'll understand without controlling this program, the state of ohio could -- everything was going to be squeezed out, everything. it was vital we looked at this program differently. greg left the private sector to come to work for us. his wife is a minister. i said why are you doing it? he said my wife said it's in your gut, honey. you go and do what you need to do even if we have to get a little bit less money. he's been great. i think you'll enjoy this presentation, greg moody. >> thank you, governor. [ applause ] my wife is here so a little prayer right now would be welcome. thank you, governor. early in this process, and for us it was two years ago, governor kasich recognized that health policy is a team sport, and then he put together an incredible health transformation team. i'm looking forward to introducing you to that team in a few minutes. i also want to welcome

skulking about all moody. >> --skulking.laughter ] >> jimmy: that is true, don't do that. but also in this movie, i want to say, is cool, you get to drive the batmobile. >> yes. and i wore -- i drove the batmobile, bit untidy inside. not as nice as you'd think. >> jimmy: really? >> they only film the outside, don't they? so, when you get it, it's a bit untidy in there. >> jimmy: yeah. >> should be nicer. >> jimmy: junk car, yeah. outside's gorgeous. >> lovely, on the outside. >> jimmy: flames coming out of it. >> it's a bit like a metaphor for the attraction of superficial beauty. you might meet a lovely, lovely woman but what if on the inside it's all wires. ew. >> jimmy: yeah. there you go. [ laughter ] you're very smart. >> possibly. and then the other thing, jimmy, is i get to wear george clooney's batman suit. >> jimmy: was it really? >> yeah, it got to dress up as batman. because arthur is a playboy and a joker and everything. so, he dresses up. >> jimmy: i didn't know it was his, though. >> it was clooney's. 'cause it

due to assessments like this, of course, the downgrading of spain by moody's this thursday met particular attention on the trading floor. thstock market in frankfurt ended the day down. china imported less services goods than anyone had anticipated. >> the? -- the daxx is falling. across the atlantic, the dow was experiencing a sharp sell-off on this trsda on the currency markets, the bureau is turning in a value of 3731. china caught the market by surprise on thursday by reporting a trade deficit in february. the country imported 5.2 billion euros more worth of goods than it exported. it is only china's second deficit in about seven years. the news comes at a time when china has been facing big criticism over its export-led growth policy. the deficit could reduce the pressure put on beijing by some of its main trading partners to allow its currency to appreciate. germany's public-sector workers can look forward to a wage hike after unions and government negotiators agreed on a new contract. some 600,000 state workers will get a 1.5% pay hike beginning april 1. that is no joke, as well as

. >> ratings agency moody's downgraded the debt and credit ratings of 30 spanish banks on thursday. this news was released after markets here in your clothes. let's look at some closing figures in frankfurt, germany. it gained almost 2%. the u.s. stocks ended the day up 1.5%. in new york, the dow jones industrial also closed at 12,170, up in positive territory. the crisis hit a german mortgage lender and threatened to take the country's entire financial sector down with it. now called thepbb, the bank that has been bailed out, has just announced the best four-year loss. the bank no longer needs a sta guarantees and the toxic debt has been taken over by a government-supported banks' request under a new co -- banks. >> hundred new ceo, she had to do some wide-ranging restructuring the core of the restructuring was setting up a bad bank. risky financial assets worth 173 billion euros were transferred to it, relieving them omuch of a debt. experts say it could lose 30 two billion euros. that is due to u.s. municipal bonds in which cooper realist it was heavily invested. many u.s. munici

. >> the phrase mean, moody and magnificent was coined for jane russell in her film, shock of fences.that was in the film for two years. she was a prodigy of howard hughes, the aviator and film producer developed a bra for her. >> it was a contraction and not comfortable and not wearable at the time. and i didn't want to do 103 takes on the subject. i wore my own bra, and i saw what he was trying to do and i put kleenex on the scenes under the bra, and threw his under the bed. >> and she had real talent especially when paired with the right leading man. >> we ought to get along fine, i am a gambler myself. >> oh, how hard do you like to play? >> i told you, you wouldn't believe me. >> i have told friends you have to try the jane russell bra. >> and when her career was over, her figure was her fortune. she was one of hollywood's most popular stars. >> the hollywood actress, jane russell died at the age of 89. you can find more details by visiting the bbc news website. this is to remind of our main news, and that is that colonel gaddafi has given a final message to the world. and he ins

they say the lack of sleep left them fatigued and moody.ore than half the teens in the study say they've driven tired. >>> the drug problems in mexico is causing carnival cruise lines to make a change. the move is due to the recent drug cartel violence in that area. carnival will substitute extra time and other -- disney, holland america and norwegian has canceled stops. >>> a flight attendant is fired after putting a toddler into an overhead bin. virgin blue fired the flight attendant after investigating the complaint. they say the father was playing a game of peek a boo when the steward joined in and put the boy in the bin. the mom says the boy was in there for about ten seconds, but now he's suffering from anxiety and has trouble sleeping through the night. they offered her free flights, but she says she's too shaken to redeem them. what was the dad doing? >> the dad's out of the question. >>> still ahead, the power of cartoons. >> we're going to show you how much kid's favorite characters influence what they eat. [ wheezing breaths ] [

from the moody. blues. currently there are over one hundred forty billion gallons of coal slurry contained in more than one hundred pound mints in west virginia alone the total quantity of coal slurry in the rest of southern appalachians. on december twenty second two thousand and eight a coal ash impoundment at the tennessee valley authorities kingston fossil plant failed when an earthen dike broke spilling over one point one billion gallons of coal ash sludge over three hundred acres. coal ash sludge has waste created from the burning of coal at the kingston coal plant it is believed to contain toxic compounds including arsenic and mercury. the tennessee valley authority estimates the cost of the cleanup over eight hundred twenty five million dollars this spill is ten times larger than the exxon valdez spill in alaska and is believed to be america's largest environmental disaster to date with throwing away the next generation's most valuable resource and that is water and one of the best sources of water

moody's estimates that h.r. 1 would reduce real growth in 2011 by.5%, meaning fewer job nbc 2011 and 700,000 fewer jobs by the end of 20 123678 the econ p

. >> ross moody. i would just initially note that the letter was not stricken from the record. there was a deletion of one paragraph of the findings. the letter from the captain used by the board to justify its decision. the argument that is often advanced that there are lots of things that are dangerous to children, when bars and other operations, is an interesting one. but the policy of this city is that you will not open 8 dispensary within a certain number of feet that -- a certain number of feet of businesses that provide services to children. what we are here to decide is whether there has been a change sufficient to justify reconsideration. i do not think there has been one. these arguments were advanced before. they were carefully considered by the board and rejected. on that basis, i will submit my short paper. thank you. >> is there anyone here on behalf of chinese gospel church? mr. sanchez? >> thank you. scott sanchez, planning department. the department strongly supports the planning commission's approval of this dispensary and finds it is inappropriate use and wou

. >> the phrase "mean, moody, and magnificent," was coined for jane russell, in a film which shocked sensors and to ban it for two years. she was the protege of howard hughes, the aviator and film producer. he used his special knowledge of engineering to design a special brought for the 19 year- old. >> it was a contraption, and it was not comfortable or rubble of the time. i did not want to do 103 takes on that subject, so i just wore my own drop. i could see what he was trying to do, and i put some kleenex across the seams and the broad. i threw his under the bed and then went out. >> the image belied a woman who led the bible study at the hollywood christian group, and showed real talent, especially when paired with the right leading man. >> i am a gambler myself. >> how high the like to play? >> if i told you, you would not believe me. >> i have been telling friends to our full figured, you have to try the jane russell brought. >> even when her film career was over, her figure was for fortune. a string of musicals in the 50s added, the two for on-screen persona. jane russell endu

have been a shame not to visit the grave of a dearth of such great global importance like rudolph moody. to many first time rushing this is his love story with this magnificent city has just begun many wonder the streets of paris like the chandeliers and here and taken a. brest taking sides just like the predecessors from russia did centuries ago and there's more to sit exchanged an understanding of the two cultures continues let's hope the future relationship between russia and france will only flourish well unfortunately that's all that's how we how i'll see you get the same time next week so that for me and the rest of the crew of the outfits we're all for the beautiful city of paris but out. of. which brighton if you move from phones to impressions. means phones don't totty don't come. the stock. market. find out what's really happening to the global economy. there are no holds barred global financial headlines. today. the first thing these are the images. from the streets of canada. today. look. forces. continue with hundreds of thousands fleeing the conflict stricken country. russ

. >> susie: how is your approach going to be different than let's say s&p and moody's. >> to sum it up in two words, due diligence. we are actually going to look, we are going to accept the idea that you need to look under the hood. understand was's really going on and not simply run bode el-- models. >> susie: what special expertise does kroll have that supports the idea that will you do a better job? >> we have a 40 year history of doing due diligence investigations and our other business there be doing that for the bond rating business. and we brought other members of the capital markets on to our team, quance and others who have the expertise in the areases that we're looking at. so we've got a small team, but it's a very experienced team. and it's makeup is quite different than the established three. >> susie: but to some extent you're still going about thing the the old way, the fees are you charging are coming from the very companieses that you are rating. that is no different than what the big three rating agencieses are doing right now. >> well, we are charging in a way that i

bob brusca of fact and opinion economics and mark zandi of moody's analytics. hi, bob, hi, mark. nice to have you. >> hi, susie. >> good evening. >> susie: mark, let me start with you. what do all those lost government jobs mean for the economy? >> well, it's a significant weight on the job market. we've lost 4-- almost 450,000 workers, state and local government workers since the peak two and a half years ago. and i expect that we'll lose another quarter million between now and the end of the 2012. so that's 15, 20,000 workers that we're going to lose each and every month. and that is a lot of jobs, a lot of income, and a very significant headwind to the economy. >> susie: now, bob, you toad me in a normal recovery, you usually see an increase in government jobs. what has to happen to turn this trend around? >> well, right now, municipal finances are in pretty bad shape but if the private sector does continue to ref up, we had a very good private sector job number, that will help to feed revenues into the state and local governments and they will be able to retain some of these

would have been a shiny not to visit the grave of the duty of such crazy global importance like rudolf moody. to many first time russian this is the love story with this magnificent city has just begun many ones in the streets of paris like the chandeliers in here and taking a breath taking sides just like the pieces from russia did centuries ago and there's more to sit exchange and understanding of the two cultures continues let's hope the future relationship between russia and france will only flourish well fortunately about the tell me how else you get the same time next week so that for me and the rest of the crew the outlets here all for the peaceful city of paris but out. in careless and the us that it is legal for you to use a bubble bath and your baby it contains a known carcinogen something that causes cancer most of the. independent counsel. and most of the breakdown that plagued the conflict of interest today an average cancer drug prescription costs nearly one thousand six hundred dollars a month oh my god i'm a nobody with kids from my find me and therefore protect saws because

have been a shame not to visit the grave of the duty of such crazy global importance like rudolph moody. to many first time russian this is the love story with this magnificent city has just begun many ones in the streets of paris like the chandeliers a year and taking a breath taking sides just like the pieces from russia did centuries ago and there's more to situation change and understanding of the two cultures continues let's hope the future relationship between russia and france will only flourish well unfortunately that's all that's how we how else you get the same time next week tell them for me and the rest of the crew the outfits we offer the peaceful secure paris but now. it's the secret incursion into the country. it's the invasion by means of. tradition the language to learn a new one so that the thirsty copied copy. and culture. the thing is that the had the dunes are still unaware of what's going on in the land just over the last year my dear plants like big i don't know anything about them alaska. today. the phillies are the images from. canada. china operation today. in.

would have been a shame not to visit the grave of utility of such crazy global importance like rudolph moody and. the many first time russian this is the love story with this magnificent city has just begun many ones in the streets of paris like the chandeliers a here and taking a breath taking sides just like the pieces from russia did centuries ago and there's more to satish change an understanding of the two cultures continues let's hope the future relationship between russia and france will only flourish well fortunately that's always tell me how else you get at the same time next week tell them from me and the rest of the crew the outfits we offer the beautiful city of paris but out. it's the secret incursion into the country. it's the invasion by means of. tradition the language jewellery you spent the first day copied the beat. and culture. the thing is that the had the dons are still unaware of what's going on in the land just over the last year my dear chap like me i don't know anybody else. last night the radio on our cheap. well done flew fifty years after man's first flight the f

have been a shiny not to visit the grave of the ability of such crazy global importance like rudolph moody and. the many first timers who visit his love story with this magnificent city has just begun many wonder the streets of paris like the chandeliers and here and take in the breast taking sides just like the pieces from russia did centuries ago and this more artistic exchange and understanding of the two cultures continues let's hope the future relationship between russia and france will only flourish well unfortunately that's not how we how i'll see you get the same time next week so that for me and the rest of the crew the outfits we offer the beats for secure paris but out. in canada and the us that it is legal freeview begins a bubble bath and your baby it contains a known carcinogen something that causes cancer most of the most indifferent they are sponsored by the industry and most of the time they don't that place is a conflict of interest today an average cancer drug prescription costs nearly one thousand six hundred dollars a month oh my god i'm a nobody with cancer in my fami

would have been a shame not to visit the grave of ability of such great global importance like rudolf moody is. to many first time russian visits his love story with this magnificent city has just begun many wonder the streets of paris like the chandeliers and here and taking a breath taking sides just like the predecessors from russia did centuries ago and there's more to seek a change and understanding of the two cultures continues let's hope the future relationship between russia and france will only flourish well unfortunately that's all that's how we have i'll see you get at the same time next week so that for me and the rest of the crew of the out detail for the beautiful city of paris about. well. bringing you the latest in science and technology from around russia. we've got the future covered. wealthy british style. market. find out what's really happening to the global economy with max conjure for a no holds barred look about lobel financial headlines and tune into a report. download the official placation q i phone on pod touch from the i choose ops to. life on the go. video on d

like most 2-year-olds, it can be cranky and moody. but the bull market celebrated its second birthday this week. the markets hit bottom on march 9th, 2009 after the financial crisis. since then, the dow is up better than 80%. the s&p 500 up better than 90%. but the question is will high oil and gasoline prices derail the rally? crude oil touching two-year highs this week, staying north of the $100 a barrel mark. and gasoline hit an average of $3.52 a gallon last week, 27% higher than a year ago. >>> the markets had choppy week as a result. the dow tanked on thursday, down more than 200 points, its biggest decline since august. on weaker than expected news from china and more worries about the mid east. the markets rebounded on friday. >>> forbes sought with the list of millionaires. mexican mogul carlos slim ranked first. bill gates second, warren buffett third. there were a total of 1200 billionaires on the list this year compared to about a thousand last year. >>> byron wien is a wall street legend famous for his list of ten surpris

would have been a shame not to visit the grave of the duty of such great global importance like rudolf moody and. the many first time russian visits his love story with this magnificent city has just begun many ones in the streets of paris like the chandeliers a here and taken a breathtaking sights just like the pieces from russia did centuries ago and there's more to secure change and understanding of the two cultures continues let's hope the future relationship between russia and france will only flourish well unfortunately that's all that's how we how else you get the same time next week so that for me and the rest of the crew the outfits we offer the peaceful city of paris without. this secret incursion into the country. it's the invasion by means of. traditional language during this the first complete beat. and culture. the thing is that the have the germans are still unaware of what's going on in the land still asking for more idea but it's like nothing i don't know anything about alaska. they're great. fun are cheap. if. any is easy to be. fifty. six. years after man's first flight th

have been a shiny not to visit the graves of the ability of such great global importance like rudolf moody. to many first time rush to visit his love story with this magnificent city has just begun many wonder the streets of paris like the chandeliers and here and taking a breath taking sides just like the predecessors from russia did centuries ago and there's more to sedition change and understanding of the two cultures continues let's hope the future relationship between russia and france will only flourish well unfortunately that's all that's how we have also you get the same time next week so that for me and the rest of the caribbean ought to be all for the beautiful city of paris but out. in careless and the us it is legal for. a bubble bath and your baby it contains a known carcinogen something that causes cancer most of the. sponsors. and most of the. conflict of interest today an average cancer drug prescription costs nearly one thousand six hundred dollars a month. and nobody with cancer in my five me therefore i am protected. because ninety two. ninety five percent of cancers hur

. >> reporter: another fear is contagion, reinforced by credit rating agency moody's downgrade of more than 30 spanish banks today. all this may seem like a replay of last spring's greek debt crisis, which sent stocks into a tailspin and threatened to derail the global recovery. but this time, experts don't think there will be a similar market meltdown. they point out that it's in the interest of other european union countries to resolve the portuguese situation quickly. >> europe will continue to muddle through this problem. the impact to the financial markets, particularly the u.s. equity market, which is trading at reasonable valuations, is likely to be modest. >> reporter: european leaders are holding a summit in brussels this week, and portugal is expected to dominate the agenda. economist michael gapen says portugal will likely get the aid it needs, as long as it promises reforms. >> we think, in portugal, reforms to improve productivity and improve growth-- for example, by structural reforms that improve mobility in the labor force, structural reforms to streamline the public se

the capital running for safety as they felt those are the shots continue to hit we also know that moody's international airport has been shut down and a tsunami warning has now been issued for the entire pacific region including southeast asian and latin american nations japan russia it's needed new zealand and chile all on i don't equate has now also been felt in hawaii measuring some full point five on the richter scale and that island now preparing to be struck by massive waves within the next few hours. well the earthquake advantage was a hundred and fifty kilometers off the east in coastal town and who can say i mean the tsunami wave reached the sought within just ten minutes or piece of paper and from the australian army warning center says that was too fast for even the world based advance warning system japan has one of the most sophisticated and early warning warning it was in the world but even though it has been posted is extremely difficult to hundreds of thousands of it will be imposed upon in such a loose and actually very wide spread across most of the. travels because. of

western investors are concerned about the downgrade in the credit ratings in greece and spain by moody's they're concerned about the instability in the middle east in how about me i mean oil prices stay elevated for higher than it took longer than expected and thirdly they're concerned about the economic followed from this giant earthquake in accompanying tsunami in japan. take a look at commodities now oil continues to fall as japan's refiners shut down processing plants a fire at a refinery outside tokyo is spreading according to local officials japan is the world's third largest crude consumer prices are also sliding on weak economic data from the u.s. and china as well as fresh concerns over european that's. another story shareholders another nickel have voted on friday to elect a new board with the results expected to strengthen so i can bug him about his position in the battle for control of the world's largest nickel mine first big business big development said tidemand raised twenty five percent stake in the thirty percent and its two major shareholders' interests roussel. have b

western investors are concerned about the downgrade in the credit ratings in greece and spain by moody's they're concerned about the instability in the middle east in how that me we will prices stay elevated for higher than. longer than expected and thirdly their concern about the economic followed from this giant earthquake in a country and tsunami in japan could lead to other news making headlines in russia shareholders and that it is clear to all that voted on friday to elect a new board with the results expected to strengthen tycoon we're going to turn into position in the battle for control over the world's largest nickel miner on thursday business daily betterness the said time in had raised his twenty five percent stake in the company thirty eight percent it was just two major shareholders that interest and roussel owned by elected have been vying for three years to gain control over the nickel producer sources they both put on it and that it may hold talks on ending their feud after the meeting but official results of voting are not due until monday and gratian was that it has be

of the markets the european stock markets are down sharply after moody's cut its rating on spanish sovereign debt its losses come after the big falls for most asian markets including one a half percent drop for china's shanghai composite among stocks on the move shares in ukraine surance and investments group standard like two percent after it reported results for two thousand and ten here in russia stocks slide by their most in more than a week after china reported an unexpected seven point three billion dollars trade deficit the r.t.s. is losing over a percent of them isaacs is down over half a percent let's look at some individual share moves now energy and banking stocks are lower gas problem was losing over one and a half percent of my six sharing just under two percent and russia's largest producer of coal is the biggest loser so far down over five percent that's after reports that the company's owners are seeking a buyer. investors should be on the lookout the head of equity trading at bt capital told r.t. that a correction is on the horizon global markets. market will still be pursue

according to moody's analytics' chief economist mark zandi, republican cuts would cost america a total of 700,000 jobs. the economic policy institute puts it at 800,000. rather than such job destroying policies, both of us, both parties need to come together and reason together. frankly the american public doesn't care who works with whom, they just want it to work. this is no way to fund the largest enterprise in the world on 14 day cycles. the gentleman criticized us for doing it. we should have been criticized, but let me tell my friend when he didn't mention, one of the reasons we did it, can i have an additional minute? the speaker pro tempore: the gentleman is recognized for one additional minute. mr. hoyer: we could not get 60 votes in the united states senate. in order to move a bill forward. keeping our government running is vital to our economy. none of us should want to shut down the government. it is also vital to the millions who rely on government every day , the sooner we can agree on a long-term package of smart cuts, not reckless, arbitrary job-destroying cut, the soon

the big drop on the dow and the nasdaq european stock markets also down at the close sharply after moody's credit rating on the spanish sovereign debt greece is also concerned with its downgrade and therefore calling on e.u. bodies to review the role of rating agencies finally to russia where would these stats and these worries russian stock see one of the biggest one day falls this year the r.d.s. a nice six declining around three percent each so if you look at some of the stocks energy and banking stocks most gazprom down three percent luke or well down two point nine percent this is also coupled with the us net profit spalling short of expectations. this perception. negative and is hurting. markets for this shift for emerging markets strewed developed markets and thought hurting russia basically the high oil price will be very costly for russia and that's why russia has been the best performing emerging markets this here and i do not think that what we are seeing today is the beginning of a new trend where russia underperformed profound i think that's the correction i recognize of billi

capacity and let's take a quick look at the markets european stock markets are down sharply after moody's cut its rating on spanish sovereign debt fears losses kim came off the big falls for most asian markets including a one percent drop for china shanghai composite along stocks on the move shares in ukase insurance and investment group standard life dropped two percent after its reported results for two thousand and ten and here in russia stocks lived by their most in more than a week after china reported an unexpected seven point three billion dollars trade deficit the r.t.s. is losing over a percentage while this down over percent and now let's look at some individual shareholders energy and banking stocks and low oil gas promise losing over one hundred percent all the. shedding just under two percent and us pasco rawson's fifth largest producer of coal is the biggest loser so proud down over the five percent that's up three fourths of the company's own our. advice. and so for now join us in less than one of your business news here on our city. wealthy british style signs that's not o

now is a european figures pussy's down one and a half percent but that's one point three percent moody's is cut the ratings on spanish sovereign debt greece is also concerned with the downgrade and therefore pulling in the bodies to review the rule of the role of the rating agencies russian stocks what you're seeing right now on your screens sharply down my stocks two and a half of the per cent off broad yes three percent off this is after of course. china report an unexpected seven point three billion dollar trade deficit and let's look at some of the individual stocks energy and banking stocks are lower gas problem is losing almost free percent this hour on the mice a small snippet shedding just under two percent lukoil down two and a half percent after reports in u.s. gas profits rising twenty eight per cent which was unexpectedly lower. scripts largest producer of calls the biggest loser so far it's down almost six percent plus are reports the companies are in this whole season of life. and we will be back in one hour's time with an update headlines are next on our stay with us. obse

european stock markets are down sharply after moody's cut its rating on the spanish sovereign debt bad news from the united states adding to the turmoil u.s. jobless claims added twenty think thousand last week and international trade deficit grew fifteen percent to an all time high of forty six billion dollars this is why u.s. futures are actually down about to start trading the few minutes russian stocks are sliding by them most more than a week after china reported none expected seven point three billion dollars trade deficit u.s. is losing around two percent a nice extra one point seven percent this is our secular good some of the stocks energy and banking stocks lower gazprom is losing more than two percent last may have two point seven percent less parts guy russia's fifth largest producer of coal is the biggest loser so far it's down five point six percent this hour that's after reports that the company's own ends are seeking a buyer. well we'll be back next hour with an update matt is next with our lines to say about their. the. russians would be so much brighter if you knew ab

and european stock markets drop in early trading as all prices move higher markets also lower after moody's cut its rating on spanish sovereign debt among stocks on the move shares in ukraine surance and investments group started like truck two percent after it reported results for two thousand and ten. here in russia the markets are trading lower the r.t.s. is in point seven percent in my six is down over half a percent as world markets react to the unrest in libya and consequent rising of world prices now let's just have a look at some individual share moves energy and banking stocks are lower in the branch bank is sharing one a half percent and service star is topping the losers list otherwise extruding nearly two percent. now a record number of billionaires have joined the list of the world's richest this year twelve hundred wealthiest people are now worth a total of four to half trillion dollars with russia's tycoons holding a significant part of that wealth for us has been poring over the numbers. hello sour so who's in the cash rich called this year. well as he said russian tycoon ve

now european stocks drop in early trading as all prices move higher markets are also lower after moody's cut its rating on spanish sovereign debt among stocks on the move shares in u.k. insurance and investments groups down allied top two percent of reported results for two thousand and ten. russian stocks slide by the most in more than a week after china reported an unexpected seven point three billion dollar trade deficit the r.t.s. is losing over a percent while the my six is down over half a percent now let's look at some individuals has now energy and banking stocks are lower gas problem is losing over eight percent of them isaac's so is ross knapp and rust spots where russia's largest producer of coal is the biggest loser so far down over five percent that's after reports that the company's owners are seeking a buyer. a record number of billionaires have joined the list of the world's richest this year twelve hundred wealthiest people are now worth a total of four and a half trillion dollars with russia's tycoons holding a significant part of that wealth for of has been pouring ove

western investors are concerned about the downgrade in the credit ratings in greece and spain by moody's they're concerned about the instability in the middle east in how about me i mean oil prices stay elevated for higher than it was longer than expected and thirdly they're concerned about the economic follow from this giant earthquake and accompanying tsunami in japan. shareholders and voted on friday it's elect a new board with the results expected to strengthen tycoon position in the battle for control of the world's largest nickel mine up first a business daily battle must be reported that but that raised twenty five percent stake in the us to nearly thirty percent in the last two major shareholder interests and which are controlled by and they're going to ask they've been vying for three years to gain control over the nickel producer so say both but i mean i'm getting past that may hold talks of ending their feud after the meeting official results of voting are not due until monday and say corp was not as become the first a corporation to complete its reorganization on friday the c

points tally registering a disappointing goal is draw against west ham also in below went down to moody's wolves whilst the biggest winners on the day meeting or against newcastle the rest of the premier league schools out there on your screen as well. as there will be two home games on sunday may table sunderland takes place liverpool well chelsea will be hosting munster city at stamford bridge in a battle for third place in the table. tennis now another joke which will replace old federer's world number two next week after beating the swiss in the seventies and eighties and wells also expanded his perfect record this season to seventeen wins and move with a thrilling three south big trade the pair spanned just over two hours a joker to v.o.p. sound six three while federal was still there in the second plane hit the same score so it went to decide who would joke of it show leaving three times when i federally go chance this serve brightening up a six the ring to set up another highly anticipated match with top seeded rafael nadal. the spaniard and doubt the two thousand and nine years op