July 23, 2009
Posted: 1809 GMT


The easiest – though not always the most accurate – way to determine whether there is a sense the economy is rebounding, is to track the movements of a major stock market index.

Today, the Dow Jones burst throught the 9,000 mark and will most probably close at an eight-month high. It's a psychological barrier and, once broken, gives us clues as to whether investors believe the global economy is bottoming out.

Of course, on the road to recovery, there are ups and downs. A few weeks ago, there was optimism too, but it was soon folllowed by another sell-off. Today, however, encouraging earnings reports and not too shabby economic indicators are giving investors new reasons to buy back into the market.

After several blue chip companies surprised the market with better than expected earnings, some even raising their full-year forecasts, a real estate group is now saying that month-on-month sales of previously occupied homes rose more than expected in June.

We will go live to the New York Stock Exchange for more on the Dow's jump with Susan Lisovicz. Don't forget to vote in our poll today: "Do you think the global economy is bottoming out?" We will compare today's results with a May 5th idesk poll and see if you are more or less optimistic on the economy going forward.

Also today, we'll speak with Jill Dougherty about the heated rhetoric between the United States and North Korea. The back-and-forth is starting to sound downright childish: two days after the US secretary of State said the North Koreans were acting like "unruly teenagers," Pyonyang fired back saying Clinton "sometimes looks like a primary schoolgirl and sometimes like a pensioner going shopping."

Where will the war of words go next?

Plus we'll look at reports that one of Osama Bin Laden's sons may have been killed by a U.S. airstrike earlier this year. The information comes from an American counter-terrorism official quoted in reports. Nic Robertson will bring us the latest on that story.

We will again go to Honduras, for the latest on the soap opera drama playing out between deposed Honduran president Mauel Zelaya and the military backed government that through him out of the country. Talks to resolve the crisis have failed. Zelaya is pledging to return to Honduras today even though his opponents have said they will not allow him in. Karl Penhaul has the latest on the story.

That, and the rest of the day's top stories as always.


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Filed under: Today At The I-Desk

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jwpeu   July 24th, 2009 7:39 pm ET

Sorry Hala you spent too much time on the story from Honduras tonight Friday. We enjoy your programme usually for your up-to-date Intenational news. However tonight your only story seemed to be Honduras, and we in Europe could not care less about Honduras, what happens in Honduras is of no interest or significance to us. So we had to change stations

Thania Schrunder   July 24th, 2009 8:37 pm ET

Dear Hala,
today's events in Honduras will show the world that Mr.Zelaya is just putting a big show a circus. As Mr Amsterdam told you in the interview , he is not longer interested in being the president of Honduras but he is interested in getting back the power.

Thania Schrunder   July 24th, 2009 8:43 pm ET

Dear Hala,

Thank you for the big cover of the Honduras crisis today, this is helping my country to share the thrue the world. The opinions today reflect how people is changing their view to what is causing all this turmoil.

Itai   July 24th, 2009 10:08 pm ET

viva Zelaya

he have to go back on power
to help his people

if i see the pictures from honduras i see all the common people thoese who are not rich protesting for zelaya

at the other side i see some protesters all rich with proper clothes on well funded demonstrations on costy stages with costy microphones and printed transparents

if i see the others with cheap clothes self made transparents and no money to buy a big stage

... it looks clear who is corrupte in honduras and what they are afright of to loose
and it looks clear to me who pays protesters with the money that the poor population is missing

he is doing a great circus
i hope he will get back in power and that he will not forget his people
mayb he did some things wrong in the past
but i guess he will stand for his people who are in need
in opposide to some who hate him because they are in fear to loose what they have more then enough

VIKI MORACHE   July 26th, 2009 2:29 pm ET

hello. i wrote to everyone i could think of about an observation i had and no one reported on it.


instead of someone being interested , even the police, i heard the 911 call yesterday again on the tv and they changed it from the original one the day after michael died.


iran   July 27th, 2009 7:25 am ET

Comments related to this is here, but to write all know:

This unexpected result, no one regrets the load forecast and did not!
So cheating!
All fans were Mousavi, but half know how that Ahmadi nejad was elected?
Now where to look're,'re read blogs, the nose are all green!
Puck you really sick of people have to sleep in and voted for Ahmadinejad, now their are unaware!?
There lies the whole world says the only truth is Ahmadi nejad !

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