CNN 2011-11-08

 First up,Greece's debt crisis overshadows just about everything else of the G20 economic conference.World leaders are meeting in France to talk about global financial issues.President Obama,who is at the G20 meeting,says the most important thing they need to do is to resolve the Europe's financial problems.Greece's debt is a big part of that.There's a deal that would give Greece a financial bailout but it comes with rules about cutting government spending.That's made a lot of Greek citizens angry.The country's prime minister George Papandreou shocked a lot of people earlier this week when he said he wanted his citizens to vote on whether they wanted a bailout.Yesterday he seemed to change his mind and said the vote may not be necessary.17 countries in Europe,including Greece ,all use the same currency.It's the euro.And if one of those economies takes a big hit,it could have a seriously negative effect on all the others.Max Foster explains it was a very different story when the currency was first introduced.

It was heralded 1 as a tool that would change the status quo of the global economy,a challenge to the dominant 2 US dollar and the Japanese Yen 3.A majority of EU's politicians agreed that a single currency to ba called the euro will benefit trade ,guard against inflation and eliminate exchange rate risks.But in the face of monetary 4 unity,those division with protest XX ,to Germany.
In Europe,according to one survey, consumers are more negative than positive about the coming of the euro.Many worry that businesses will take advantage of odd exchange rates to round off prices upward.
Will euro be a benefit or a loss for everybody?
Is it a big step towards union? And union,most of time,means peace.
Countries that are worse-off will end up painful.And before you know it,there'll be another war.
European leaders are all on the heart sale,painting the euro as an economic and even social savior.
In the long run,such a project will in fact contribute to the kinds of things that our citizens are looking for.Security,the absence of crime,the absence of drug,prosperity,jobs,trade,investment.
the new year,the beginning of a strong European Union.We shall be the best of the world,the best of the world.
Next up, a milestone 5 for China's space program.Last month,the country launched a laboratory module 6 into orbit.And on Tuesday,China sent an unmanned spacecraft.Yesterday,the two came together.China's government says the successful docking is another step on the way to building a space station.For now,the module and the spacecraft will be used to run some experiments.Then the ship will come back to earth while the module stays in space.China plans to try another docking test,one with an astronaut on board.That will happen some time next year.
On this day in history,back in 1922,British archaeologist Howard Carter and his crew discovered the entrance to King Tut's tomb.
In 1979,Iranian students stormed the US embassy in XX and more than 60 Americans were taken hostage and held for more than 14 months.
And 3 years ago,in 2008,Barack Obama won the US presidential election,becoming the first African-American elected to the loyal office.
If you've been watching our show over the past few months or so,you've probably heard of an Occupy Wall Street.The protest movement doesn't have a specific leader or demands.But a lot of protestors seem to target the US financial industry.In New York city,it's been going on for more than 50 days.The protests are also happening in other parts of the US as well.For the most part,they've been peaceful.That hasn't always been the case in California.What you're seeing is a video from Oakland.Protestors there have been fighting with police officers.Yesterday,some protestors started throwing rocks at the police,who then used tear gas to try to break up the scene.Members of the Occupy movement are blaming the violence on a radical 7 group among the protestors.