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And good morning everybody we start things off with a -- business -- -- on the more oil on the market this morning -- what's going on in Europe -- stopping the week high up about number sent across the boldly -- US futures also pointing.
To slight gains ahead of trade -- straight on this Monday.
World leaders trying to have it both ways that the G-20 summit launch -- countries agreeing to cut their deficits in half by 2013 but.
They also will follow through with current stimulus plans President Obama had warned about the dangers of cutting stimulus to sin.
What we have to recognize is that the recovery is still fragile.
That we still have more work to do to make this recovery durable.
But we also have to recognize that if markets are skittish and don't have confidence that we can tackle the tough problems of our medium and long term.
Debt and deficits.
Then that also is going to undermine.
-- -- Most other countries especially in Europe want to be more aggressive with tackling debt for instance German Chancellor Angela Merkel was pushing spending cuts and tax increases.
Well here's a look at some of the other top stories this morning tropical storm Alex is likely to miss the area of the Gulf of Mexico affected by the oil spill.
There are worries it would affect containment efforts but right now it -- headed that way but meteorologists say it's -- could change quickly.
Alex is strengthening and could become a hurricane within 48 hours it is currently pounding parts.
Of Central America.
Senator Robert Byrd's health could delay financial regulation reform the 92 year old senator is in the hospital in serious condition.
Due to severe dehydration and heat exhaustion.
The on the consent for -- -- Democrats are also worried about what this means for the compromise bill.
Agreed to last week without -- they will have a hard time getting sixty votes to move it forward.
And the -- our administration will double the amount of available wireless spectrum over the next ten years it's an effort to keep public demand for data from cell phones laptops and other mobile devices.
The president will sign a memo authorizing the auction today -- White House advisor Larry Summers we'll talk about it in a speech today at 1215 Easton.
Take a look at the commodities board for you oil and gold and oil just down slightly while gold -- a fraction of 12156.
Dollars -- Troy ounce and by the way today.
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