Ireland's bailout moves forward, as the country takes a $140 billion from the International Monetary Fund. The move has postponed some looming problems for Portugal, which the E.U. also worries is in need of large-scale financial help. But questions remain about whether the bailout of Ireland will create the necessary stability in the Euro single currency zone or not. The BBC's Theo Leggett joins us for more.
Theo Legget, international business reporter for the BBC on yesterday's stock market fall and rebound; this morning's headlines.
The European Central Bank meets in Lisbon today to try to find a way to stop Greece's economic crisis from spreading. Meanwhile, Greece's parliament is set to vote on budget cuts to help curb the country's debts. Theo Legget, business reporter for the BBC fills us in on how the crisis may affect European and American interests.