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7.2 Earthquake Strikes Turkey; Libyan Leaders Declared Nation Liberated; Clinton Warning to Iran; Abortion Top Issue at Iowa GOP Forum; American Football in London

Aired October 23, 2011 - 14:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

FREDRICKA WHITFIELD, CNN ANCHOR: You're in the CNN NEWSROOM. I'm Fredricka Whitfield .

We start with a massive earthquake striking Eastern Turkey a few hours ago. The quake's epicenter is about a dozen miles from the city of Van, near the border with Iran. Dozens of apartment buildings crumbled in one town alone, and reports of very heavy damage are coming in from other areas.

Death and casualty counts are mounting quickly. Rescue crews and town residents are climbing through the rubble, looking for both the victims and the survivors with their bare hands.

In Libya, they are waving flags, blasting car horns and cheering wildly. People across the country are celebrating the end of the Moammar Gadhafi era. Transitional leaders today formally declared the country liberated.

Meanwhile, it is now confirmed Moammar Gadhafi died from a gunshot wound to the head. Libyans in Misrata have been lining up to file past the body of the long-time leader. A Libyan doctor announced the autopsy results today and says his official report will be eventually released to the public.

In Western Australia, police have identified the American victim of a shark attack. Thirty-two-year-old George Thomas Wainwright of Texas was killed by a great white while scuba diving. Friends say he was in the water alone when they noticed air bubbles and blood rushing to the surface.

This was the second fatal shark attack in the past two weeks near the city of Perth.

All right, now to that devastating earthquake in Turkey. The 7.2 magnitude quake struck Eastern Turkey in a poor section of the Van province. That's close to Turkey's border with Iran and Armenia. It is the most powerful quake to hit Turkey in a decade. At least seven powerful aftershocks have rattled the area already.

It is nighttime right now there, and many of the rescuers are relying on flashlights and shovels to dig through piles of rubble, searching for victims. It is feared that there could be between 500 and maybe even 1,000 deaths.

Two doctors are feared to be buried in the rubble of a medical building. Some of the victims are getting basic medical care right in the streets.

Freelance journalist Andrew Finkel is in Istanbul, Turkey. So Andrew, what more can you tell us about how help is getting to that affected area?

ANDREW FINKEL, JOURNALIST: Well, yes. The earthquake struck in the afternoon. I suppose if - if there had to be an earthquake, then this really was the best time for it to happen. It was a Sunday afternoon. Obviously people weren't at work, they weren't asleep.

Even so, as we know, the devastation was fairly massive. Large buildings collapsed, and now there's a nationwide rescue operation underway. There's flights are going into the Van airport. Van is the city really at the - near the epicenter of this event. Happily, the airport is still open.

A massive rescue operation is being mounted throughout the country to just try and save survivors, Fredricka.

WHITFIELD: And so I wonder how rudimentary this rescue effort is going to be, because they can't very well transport large kind of earth-moving equipment to that area, can they?

FINKEL: Well, these are - these are not - this is not the richest part of Turkey. These are poor communities. And yet - but they are substantial metropolises. I mean, they are substantial cities. And so there is some earth-moving equipment there already.

There are ambulance planes arriving. There's a fairly sophisticated rescue operation underway. I mean, you have to remember that Turkey is no stranger to earthquakes. Even though this is the most severe in a decade, it's a country that knows it's on an earthquake zone, and it's a country that knows it has to be prepared for earthquakes. It's not always as prepared, indeed, as it should be, but it has the resources to deal with.

Indeed, many countries, including the United States, have offered help in Turkey's darkest hour. But, so far, Turkey says no. The situation is under control. We can handle it. We're getting tents, blankets and medical facilities to those who need it most, Fredricka.

WHITFIELD: Now, apparently there is a significant lake nearby. What are the concerns about that lake?

Andrew, if you're able to still hear me? I understand there may be some concerns about flooding from a nearby lake. Is that the case?

FINKEL: Well, the - both - both these cities are built very near or next to a very large lake, Lake Van. And, yes, I don't suppose there's going to be any tsunamis. It's nothing like that.

But there is some fear that, of course, as there is an earthquake, the - the water's edge erodes and falls in. There was even some attention to this in the press, even this week, even before we knew there was - was an earthquake. But, so far, we haven't actually heard of any major incidents because of flooding, Fredricka.

WHITFIELD: All right. Andrew Finkel, thanks so much for joining us from Istanbul. Appreciate that.

Meteorologist Alexandra Steele is here. So, you know, Alexandra, Andrew underscored it. Certainly Turkey is no stranger to seismic activity, but what more can you tell us about kind of the vulnerabilities to that area?

ALEXANDRA STEELE, AMS METEOROLOGIST: Well, you know, Fredricka, getting to your point, you were asking him what it really could be is a displacement of the water from Lake Van. Lake Van is about 74 miles across, so it is massive, so the displacement of that water so close to this very poor area.

All right, let's get to why this could happen and what is an earthquake and why it happens. Of course, it's the theory of plate tectonics, right? So I'm trying to describe this for you and show you.

Now, the earth's crust is comprised of these plates that are pretty much rock and soil. And so picture these two pieces of paper as plates, right? And there's about seven major plates. There are more minor ones around the world.

So these two plates come together, look what happens. See? What happens? They've got to move. So if they come up or they go down - so the plates can come up, go down, or they can shift side by side. But you can see, someone's going to win this fight, right? There's going to be movement of the earth, and that's what we've seen.

So here's Turkey, to give you a little perspective. And look at these huge plates. Here's the Arabian plate and the Eurasian plate, and it was the movement of these two plates. And, of course, Turkey, Eastern Turkey, incredibly vulnerable. Many, many fault lines, and you can see a lot of these fault lines. This is actually from a 2003 earthquake.

So, you know, we talked about the vulnerability of Turkey, and just look, alone, in 1999, what happened - 7.2 magnitude earthquake, 7.6 - these are all major - 7.6, killing 17,000. Again this is incredibly poor area. Eight hundred and ninety-four dead.

Fifty-eight major earthquakes between 1903 and 1999, and 70 percent of this population lives along fault lines where they certainly could see them and do see them, and often have, and 66 percent of the country located on fault lines. So, you really, if you live in Turkey you really can't run at all from this. Really quite a susceptible problem for the people living there.

WHITFIELD: All right. Thanks so much, Alexandra, for that view.

And now to Libya, where across that country, euphoria, especially in the city of Benghazi. The people are trumpeting the start of the post-Moammar Gadhafi era. This is a city where the uprising against Gadhafi sprouted, and it is where the country's new leaders today declared Libya liberated.

CNN's Nick Paton Walsh is right now there. So, Nick, it's nightfall. Clearly a whole lot of people who are out, still celebrating. Describe more about that scene for me.

NICK PATON WALSH, CNN INTERNATIONAL CORRESPONDENT: Well, the crowd has thinned out behind me. Left behind are many rebel fighters, shooting, as ever, their weapons in the air, frankly, in celebration. You can see the (INAUDIBLE) gathering around, just (INAUDIBLE) at the core, but it is seriously in celebration.

This is all from (INAUDIBLE), and the chairman of (INAUDIBLE) council is declared (INAUDIBLE) liberated about an hour, two hours ago. His speech telling, really, in what he said, and the words clearly echoing the people here.

Now, he asked them to remember honesty, patience and tolerance, forget about envy and remember that Libyans are now brothers united in love. Clearly, a recognition of a task ahead, trying to appeal to the goodwill of people who've been through a very bitter and dark civil war over the last eight months but are now beginning on that difficult road ahead towards reconstruction development, creating something kind of post-Gadhafi era.

But, tonight, still celebration, jubilation, putting behind them 42 years plus of the total Gadhafi regime.

WHITFIELD: All right. Nick, also the gunfire, that celebratory gunfire, and you see fireworks behind you as well. If you can, shortly, kind of tell me what is next for the either selection or the shaping of a new government?

PATON WALSH: Well, there are elections that are supposed to be coming in the next year plus perhaps. People have yet to put themselves squarely in frame for the job of leading Libya through this essentially very difficult era.

There's an awful lot of money that Libya has in its disposal to perhaps fix many of the problems the civil war has brought up. Large amount of Gadhafi assets frozen in the West and lots of potential income from the sale of oil. This (INAUDIBLE) massively rich in those natural energy resources.

But one key issue really is going to be can these people, who seem enormously united right now, ecstatic in what they've achieved in the past few months, can they remain united as a country? The factions - the factions who's caused this civil war against the Gadhafi regime, can they remain united, push forward together and see that kind of change and progress that people here, high on expectation and delight in what they've achieved in the civil war, are really demanding as soon as possible in their ordinary lives?

WHITFIELD: Nick Paton Walsh, thanks so much, from Benghazi.

It is a question being asked around the world - who killed Libyan strongman Moammar Gadhafi? The answer, coming up at the half hour.

And a warning to Iran from Secretary of State Hillary Clinton.

And the Republicans hit the Sunday talk shows, airing their complaints over the idea of leaving Iraq. You'll hear it from their own mouths in a few minutes.

(COMMERCIAL BREAK)

WHITFIELD: A harsh warning to Iran today from the U.S. Secretary of State Hillary Clinton. She says Iran shouldn't mess with Iraq now that the U.S. is pulling out troops from that country. Clinton made her comments this morning on CNN's "STATE OF THE UNION."

Let's bring in Athena Jones, joining us from Washington. So, Athena, how tough a warning was this?

ATHENA JONES, CNN CORRESPONDENT: Well, it was a pretty tough warning, Fred. The Secretary of State wants to send the message that even though U.S. troops are pulling out of Iraq, it isn't as though the country is going to turn its back on Iraq and forget about all the years spent there and the blood and treasure spent there.

And so let's listen to what she had to say this morning to Candy Crowley.

(BEGIN VIDEO CLIP)

HILLARY CLINTON, SECRETARY OF STATE: No one, most particularly Iran, should miscalculate about our continuing commitment to and with the Iraqis going forward. Iran would be badly miscalculating if they did not look at the entire region and all of our presence in many countries in the region, both in bases, in training, with NATO allies, like Turkey.

(END VIDEO CLIP)

JONES: And so Secretary Clinton made the point that there's still going to be a large diplomatic presence there in Iraq on the ground, some 1700 diplomats and business experts. There's going to be an embassy operating in Baghdad and consulates in Erbil and Basra. And, of course, she made the point about the fact that the U.S. still has a strong presence in the region and strong allies and ties there.

But she's responding to a lot of the criticism we're hearing on the Republican side, whether from members of Congress or from Republican candidates, about this decision to - to pull out of Iraq completely and not leave behind several thousand troops for training.

Let's listen to what Senator Lindsey Graham had to say about this.

(BEGIN VIDEO CLIP) SEN. LINDSEY GRAHAM (R), SOUTH CAROLINA: Not being able to close the deal in Iraq is a very serious mistake, celebrating leaving with no troops behind is a serious mistake, ended Iraq poorly, fumbled the ball inside of the ten. I hope I'm wrong about what happens in Iraq, but they're dancing in the streets in Tehran.

(END VIDEO CLIP)

JONES: So that's just one example of some of the criticism we're seeing from Republicans of President Obama and this failure to reach this deal on immunity for U.S. soldiers there. And so we can expect to hear more on that going forward, Fred.

WHITFIELD: All right. Thanks so much, Athena Jones, in Washington.

So with 10 weeks to the Iowa caucuses, most of the Republican presidential candidates are making a bid for the social conservative vote. They appeared at the Iowa Faith and Freedom Coalition dinner, and many used the opportunity to stress their anti-abortion views.

(BEGIN VIDEOTAPE)

REP. MICHELE BACHMANN (R), PRESIDENTIAL CANDIDATE: Number one, on abortion on demand, I would be fully supportive of a federal constitutional amendment to define life from beginning at conception. I believe in life from conception until natural death, and I would support all pro-life language that comes across my desk.

HERMAN CAIN (R), PRESIDENTIAL CANDIDATE: I would not sign any legislation that in any way allowed the government to be involved in it. I would strengthen all of our current laws that prevent abortion. I believe that abortion should be clearly stated and illegal across this country, and I would work to defund Planned Parenthood.

And I will make sure that I appoint judges that will enforce the constitution - no activist judges. And I would also make sure that we didn't allow any bureaucrats to get in the way in order to protect the life of the unborn.

GOV. RICK PERRY (R), PRESIDENTIAL CANDIDATE: It is a liberal canard to say I am personally pro-life but government should stay out of that decision. If that is your view, you are not pro-life. You are pro having your cake and eating it too.

(END VIDEOTAPE)

WHITFIELD: All right, so strong words from the candidates, trying to make some clarifications on their positions, perhaps. So I want to bring in Republican analyst Lenny McAllister - good to see you - joining us from Chicago.

So Lenny, you know, before we launch into why and what is being said, let's take a look at this CNN/ORC poll. It actually questioned Republican voters about abortion in September and, in the poll, 11 percent said they supported abortion in all cases, 61 percent said they favored it in certain circumstances. So, Lenny, add those two numbers and you have 72 percent of Republicans in this poll favoring abortion in some cases.

So, given the poll's findings and given the anti-abortion statements - or let's just say the pro-life statements made to a crowd of social conservatives, are the candidates talking to the 27 percent in that poll, and to those Iowans who oppose all abortion? And, if so, why? If that is represented as the minority.

LENNY MCALLISTER, REPUBLICAN ANALYST: Well, they're absolutely speaking to the 27 percent right now, and they're speaking to Iowans, primarily because they understand how important it is to get out in front and have a very strong showing in Iowa.

People such as Herman Cain, they can solidify their status as a frontrunner if they come up strong in Iowa. So, rather than trying to talk to the 72 percent that they're going to have to talk to later on, this is an opportunity to grab an early win and then move forward when it comes to fundraising, when it comes to building out a structure.

Again, if you look at Herman Cain, he's very much in a position that - that then Senator Obama was in. He was laying back in the weeds a little bit, somebody that was a nice story but not expected to really come up with any big victories, and then Iowa came along.

If Cain can follow the Obama model, win Iowa by talking to these social conservatives and win them over, he can possibly win Iowa and then South Carolina, being a native Georgian. And then, the two out of the three first contests on the GOP side, if he comes out the winner, he has momentum that he may be able to ride all the way through the summer of 2012.

WHITFIELD: All right, so if one gets that momentum, and now we're talking about a more national platform, voters in general, they want to hear about the economy. But apparently they want to hear about the economy in a different way than how the candidates were talking about the economy, say in the 2008 election. So how might these candidates talk the economy, but differently?

MCALLISTER: Well, one of the things that you saw, obviously, from Herman Cain was 9-9-9, then 9-0-9. You had Rick Perry's response to that with the flat tax. They're going to start talking about how tax reform is going to stimulate jobs.

One of the things that the Obama administration has been vulnerable on is all the regulations that - even the late Steve Jobs told President Obama these regulations are going to make you a one-term president.

What you'll find them doing as they move away from Iowa, as they move away from the social conservative issues, they'll get back to an economic plan that allows them to show folks how they're willing to build jobs and build a structure where more prosperity come into the America fabric. Not just on Wall Street, but on Main Street as well.

This was something we heard in 2008. We haven't heard it much since from the Obama administration. We haven't had many successes on Main Street over the last three and a half years. This is something they'll go after once 2012 really kicks into gear. WHITFIELD: All right, Lenny McAllister, joining us from Chicago, thanks so much.

And we're not done talking about politics. We're going to do it again in the 4:00 Eastern hour, where you want to join us every Sunday at 4:00, when we dedicate an entire hour to the presidential contenders come the 2012 election.

All right, let's talk sports straight ahead. The Chicago Bears and the Tampa Bay Buccaneers kicking off today, but not in the U.S., across the pond, in London, England. We'll explain why, after this.

(COMMERCIAL BREAK)

WHITFIELD: All right, unlike baseball, basketball and hockey, American style football is mostly played in North America, and that's exactly why the NFL continues to push to try to expand the market by playing games, football games - what we know as football games - in London. The Chicago Bears and the Tampa Bay Buccaneers are playing right now.

Pedro Pinto from CNN International, joining me now outside Wembley Stadium in London. So Pedro, this is the fifth straight season that the NFL has played in London. Is it catching on? When we say football, do they get our style of football?

PEDRO PINTO, CNN CORRESPONDENT: Hey, Fredricka. Great to talk to you.

I have to tell you, there's been a huge commitment from the NFL from a financial standpoint, from a logistics standpoint to bring these teams over here and, so far, I have to say, it has been a success. Most games have been sold out here at Wembley.

This is a stadium where the top soccer teams on the planet come to play and it's great to see this stadium opening its doors to two NFL teams once again for a regular season game. The players seem to enjoy it, the coaches seem to enjoy it.

But it is a huge commitment. You have to see that, for example, the Tampa Bay Buccaneerss, they're losing out on a home game, and a lot of their fans wouldn't get a chance to see this game because it's not being played in Tampa, obviously.

It is entertaining. The English fans here are picking up on it. But you have to say that it's so tough to compete with - with soccer and the other sports that people grow up with.

WHITFIELD: Right. And so, I wonder, you did mention that there are a lot of Britons that are in the stand there, but is it mostly Americans who live in Great Britain who are filling up Wembley Stadium?

PINTO: You know, it's great to see because people fly over from all places in Europe to watch this game. Of course, a lot of Americans came over. It hasn't been completely sold out, this particular game, because of the lockout. They couldn't confirm the logistics of this game long enough to have a lot of the American folks coming over here and booking their flights.

But I saw people from Germany, from Portugal, from France, from Spain. So they're flying from all over Europe to watch this as a spectacle. And it's about so much more than just one game and about who wins or loses. As you mentioned in - in your lead-in, it's about promoting this game overseas, and, I have to tell you, from a personal standpoint, covering this game for the last five years, it is working.

The exposure is there, and people are getting excited about seeing these NFL players here up close and personal.

WHITFIELD: All right, Pedro Pinto, thanks so much. So, five years so far, and counting, perhaps. See what happens next year.

All right. Thanks so much, from London.

A Libyan fighter says he's the one who shot and killed Moammar Gadhafi. This video was taken by revolutionaries at the time and place Gadhafi died. We'll go live to Tripoli next.

(COMMERCIAL BREAK)

WHITFIELD: A major earthquake strikes Eastern Turkey. Dozens of buildings collapsed, sending rescue crews and residents into the rubble in a frantic search for anyone still alive. Emergency officials are reluctant to estimate how many people are dead or hurt at this point.

It's the most powerful earthquake to strike Turkey in more than a decade now.

And hit by the worst flooding in 50 years, many in Thailand are forced to get around by boat. And more bad news from the Thai government today, the high floodwaters that make getting around so difficult for the country's nine million people could take more than a month to recede.

And in Tunisia today, voters are casting ballots in the first free election of the Arab spring. People there are choosing their representatives who will write the country's new constitution. The regional uprising that overthrew several Middle Eastern leaders began in Tunisia.

And a Libyan doctor today released his findings after examining the body of former leader Moammar Gadhafi. He confirmed that Gadhafi died from a gunshot wound to the head.

Also today, CNN obtained this video, described to us as having been taken shortly after Gadhafi was found and captured by revolutionary fighters in Sirte. The crowd is cheering and kissing one man, calling him the one who pulled the trigger in killing Moammar Gadhafi.

Let's go straight to Tripoli now and CNN's Dan Rivers. So Dan, you've seen this video. How certain can anyone be that we're all looking at the man who is being credited as Gadhafi's killer. DAN RIVERS, CNN SENIOR INTERNATIONAL CORRESPONDENT: No, I don't think we can be certain at all. I think we have to be extremely cautious with dealing with any of these videos. It is only the people in that video that are claiming that this man was the man that pulled the trigger.

But there is now a weight of evidence building up that is undermining the new government's claim that Moammar Gadhafi was accidentally shot in the crossfire as they tried to take him to hospital.

You have first of all an autopsy report that's claiming he was shot in the head. We don't know whether that's concluded that he was shot at point blank range or not, but hopefully we will get those details in the coming days.

You're getting video that emerged also over the weekend of a gun being pointed here Gadhafi's head. We don't see the trigger being pulled, but certainly a gun was being brandished near the former dictator.

Now this video from Reuters reportedly showing the man who pulled the trigger boasting with another man claiming he witnessed the execution. All this is building up to which is undermining what the new government here is claiming that Gadhafi was killed accidentally, that they wanted to bring him in alive.

Maybe they did want to bring him alive, but evidence would seem to point towards a mob execution rather than him being caught in the crossfire.

That is backed up also by the New York-based human rights watch, claiming they have no evidence of any fighting after Gadhafi was captured. They also have concerns that he was executed by the mob at the scene.

WHITFIELD: And meantime, Dan, what more can you say about the burial or what is planned for the body of Moammar Gadhafi?

RIVERS: Well, I went up and saw the body myself in Misrata. It's being held in a storage room, a cool storage room in a market. There is confusion about what's going to happen next. The autopsy I understand has taken place.

There are some reports suggesting the body has gone back to that market. We're a little unsure of that, but there is no indication at the moment that the body has been buried. But that is the plan, supposedly, the new government says they want to bury him in secret.

There is some reports suggesting they may hand the body over to Gadhafi's tribe, but again, that hasn't been confirmed, but all this is taking a long time and is clearly angering his family who's called for his body to be handed over.

There are other reports of his will being published saying he wanted to be buried in accordance with Muslim traditions. That would dictate he's buried within 24 hours. That hasn't happened yet or hasn't happened.

So, a lot of unanswered questions I'm afraid about what they're going to do, how they're going to bury it and when that will happen.

WHITFIELD: All right. Dan Rivers, thank you so much.

So several terrorists have been killed under President Barack Obama's watch including that of the most wanted man in the world, Osama Bin Laden, but how will those killings impact his foreign policy?

I talked to "Time" magazine's deputy international editor, Bobby Ghosh about that.

(BEGIN VIDEO CLIP)

BOBBY GHOSH, DEPUTY INTERNATIONAL EDITOR, "TIME" MAGAZINE: He has gotten and will continue to get enormous amount of credit for the killing of Osama Bin Laden and other top al Qaeda leaders in Pakistan and in Afghanistan.

In the case of Libya, probably he'll have to share the credit with the U.K. and France, who took the lead in sort of the NATO bombing there. But in sort of as you pointed out, people in this country don't always vote on foreign policy.

A year before -- we have to remember what happened to George Bush Sr. who defeated Saddam Hussein quite comprehensively, enormous military victory in the first Gulf War and then shortly thereafter lost an election -- re-election.

So Americans particularly now with their economic problems, with job problems, in this country, are presently not going to give the president too much credit on foreign policy.

(END VIDEO CLIP)

WHITFIELD: Plus, straight ahead, "Fortune" magazine has named the hottest young stars in business in this year's 40 under 40 list. Can you guess who might be number one? We'll tell you after the break.

(COMMERCIAL BREAK)

WHITFIELD: More news ahead including the latest on quake damaged eastern Turkey. The search for survivors and victims are going on right now.

But first, Facebook founder, Mark Zuckerberg tops "Fortune" magazine's second annual "40 under 40" list. The current issue ranks the nation's hottest young business stars.

Joining him on the list is Larry Page from Google, producer and host, Ryan Seacrest and CNN's own Erin Burnett. Yesterday, I talked with Leigh Gallagher, the assistant managing editor of "Fortune" magazine and once again, Silicon Valley techies are high on the list.

(BEGIN VIDEOTAPE)

LEIGH GALLAGHER, ASSISTANT MANAGING EDITOR, FORTURE: There's always a lot of tech people on this list that we do in large part because that tends to be where a lot of young people go these days.

But, I mean, one of my favorite things about this list is the people that you might not expect. It really is rounded in a lot of different industries. We have people from finance as you saw number three from Greg Jensen from Bridgewater.

We have people from the pharmaceutical industry, from the clothing and apparel and retail industries, from the entertainment industry, music, so it really is pretty well rounded.

But, you know, I would say tech is probably the sector that's the best represented although very high on the list, there's people from other industries.

WHITFIELD: Yes, you know, I kind of think I kind of misspoke. It's really not the wave of the future because really it is the future is now.

You know, it used to be that it seemed Silicon Valley was the wave of the future, but it really is here and now. So let's talk about the first woman on the list coming in at number 20, Marissa Meyer.

GALLAGHER: Its' Meyer. Marissa is great.

WHITFIELD: Tell me more.

GALLAGHER: She was one of the first -- one of the employee -- I want to say number 20 or one of the first employees at Google, which makes her an old timer by Google standards.

She's an engineer. Her title is VP, but she does a lot of things there. She heads Google's local division and she was heavily involved in the recent acquisition of the Gat.

But what's interesting about Marissa this year, she's really started to leverage her influence beyond Google. She has become sort of an angel investor, investing in start-upstart-ups herself.

And she's definitely one of the top I would say public faces of Google. So she's been on the list the past year.

WHITFIELD: When you all came up with this list, did you find it was difficult because A, you first had to define power and reach because it seems since many of these people on the list are not all necessarily household names. They don't know who they are, you had to figure out how influential they are, how great their reach is, what was the criteria?

GALLAGHER: Well, it's really a list of power and influence within the business sphere. So you're right that's not exactly -- you don't have to be worth a certain amount of money to make this list. It's a little bit more subjective and greater than that.

But, you know, it really is -- some of them are going to be household names like Mark Zuckerberg, but we love really discovering people that wielding a lot of power behind the scenes or pulling major levers in business that you might not know about.

To me that's the real beauty of this list. So someone like Brian Deese who is the deputy director of the National Economic Council, one of the top economic advisers in the White House, and really drafted the plan for the auto bailouts a few years ago, which is one of the administration's sort of most, you know, victories.

I mean, that was sort of hand's down in the business world, a definite victory. He drafted the jobs bill as well. So power like that you might not know behind the scenes.

WHITFIELD: OK, and one of CNN's own, is actually on this list, Erin Burnett, host of "Out Front" why?

GALLAGHER: Erin, well, she was actually on the list two years ago and, you know, Erin made a big move this year. To have your own prime time cable show on a network like CNN that's a pretty powerful and influential platform. She's going to be talking - she's obviously addresses more than just business now.

I mean, before this she was already a household name among our readers, among people that followed business in the markets, but now her reach is bigger and broader. And so we thought that was significant and we thought this was the year to put her back on the list.

(END VIDEOTAPE)

WHITFIELD: All right, and on the cover of "Fortune" magazine, you may have noticed it, Steve Jobs. Two weeks after his death, the magazine is featuring excerpts from the new biography of the late Apple founder.

The author, Walter Isaacson says in a "60 Minutes" interview airing tonight that Jobs came to regret his decision to put off cancer surgery for nine months.

(BEGIN VIDEO CLIP)

WALTER ISAACSON, AUTHOR, "STEVE JOBS": I think that he kind of felt that if you ignore something, if you don't want something to exist, you can have magical thinking. It worked for him in the past. He regretted, you know, some of the decisions he made and certainly I think he felt he should have been operated on sooner.

(END VIDEO CLIP)

WHITFIELD: And deja vu, another satellite taking the plunge to earth, this time, a German satellite. After 30 pieces of space debris have reached earth already. Details coming up.

(COMMERCIAL BREAK)

WHITFIELD: The earth's population will reach 7 billion this week. While babies are born worldwide, every five seconds the birth rate in the U.S. is actually falling. Senior medical correspondent Elizabeth Cohen has more in this week's "Health for Her."

ELIZABETH COHEN, CNN SENIOR MEDICAL CORRESPONDENT: Any parent can tell you that kids could be expensive and as the economy has gotten worse people are choosing to have fewer children. If you compare 2007 when the economy was doing well with 2010, we're talking about 300,000 fewer children.

Take a look at this graph and you can see the correlation. On the far left in 2002 until 2007, things were doing pretty well and that number is going up, up, up. People were choosing to have more children. It hit its peak in 2007 with the highest birth rate in that time period and then it's been coming down ever since.

And here's exactly how expensive children can be. It costs between $8,000 and $20,000 a year to raise a child depending on how fancy the clothes are, whether they go to public or private school all of that.

If you look at the numbers this way, from birth to 18, the cost of raising a child is between $206,000 and $477,000 with housing, food and child care being the biggest expenses. Now it seems that a lot of women are saying, I think we're going to delay this or not going to have a child right now.

And, of course, that makes sense for a lot of families. But remember, if you think, I'll just have children when we've got more money in our bank account that could be a little problematic, you may be so old you need fertility treatments and that can cost a lot of money. Back to you.

WHITFIELD: All right, thanks so much, Elizabeth.

And we've got our eyes on Libya today. It is night time right now. People have been celebrating all day long. They're considering this liberation day.

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WHITFIELD: All right. It wasn't too long ago we were talking about a satellite that was falling to earth. We're going to do it again only it's a different satellite.

And this time it's a different place on the planet in which it may be coming down or already hit the earth's atmosphere. Alexandria Steele --

STEELE: It hit. You know what? Just FYI, after the future, this is going to happen more and more often as we near into the next few years because of all the satellites in space are aging. So they're all kind of beginning to dismantle.

WHITFIELD: As long as nobody gets hurt.

STEELE: That's right. No one has as of yet.

WHITFIELD: That's fascinating to talk about.

STEELE: Let's talk about it. It's the ROSAT satellite. It was pretty exciting last night. I hope you were watching at 10:00. All right, here it is. This is what it looks like. It's the size of a minivan, weighs two ton, entered the earth's atmosphere.

It happened. Now, most of the satellite expected to burn up upon re-entry, but there's about 30 key pieces that are big enough and heat resistant, especially the biggest threat is the telescopes, one ton mirror that is heat resistant. So where did it land? Well, it came into the atmosphere last night between 9:45 and 10:00 p.m. Eastern time somewhere in Southeast Asia. Believe it or not, it took only 15 minutes to hit the ground.

And two large Chinese cities are in the expected projected path, but no one's found any debris yet. There could be debris over the Indian Ocean or even as far inland as China. Now obviously, if it did fall into a populated area we would certainly know.

But just to give you a look. This is the satellite. This is the orbit it took and this is right around last night at that time into Southeast Asia. So it has entered the earth's atmosphere, somewhere, somewhere. If anyone knows call us.

Then we'll soon know. It's pretty cool. It happened. So we're still waiting to see, haven't found anything yet, but we certainly will probably over water.

WHITFIELD: Yes, well, mostly water that constitutes the earth.

STEELE: It's 75 percent of the earth.

WHITFIELD: Chances pretty great. We're hoping we will find out if indeed it hits land somewhere.

STEELE: Yes.

WHITFIELD: And hopefully doesn't hurt anybody.

STEELE: That's right.

WHITFIELD: Alexandra, thanks so much.

STEELE: Sure, my pleasure.

WHITFIELD: All right. Right now, it is night time in Turkey where a giant search is under way. Big earthquake that took place earlier and now the search for survivors and we're already starting to see some of the rescues that are taking place. Some of the new images coming in right now, the damage is extensive. The casualty numbers are mounting. We're going to bring you the latest from Turkey coming up.

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WHITFIELD: Wall Street could be looking at a jittery start of trading this week. Let's take a look with our financial team with the week ahead with Poppy Harlow and Alison Kosik. Let's begin with Alison in New York.

ALISON KOSIK, CNN BUSINESS CORRESPONDENT: Hi, Fredricka. Wall Street had a case of the jitters last week. The Dow had moved up one day, down the next for 11 straight sessions until posting back-to-back gains at end of the week.

That lack of direction shows investors are nervous and one of the biggest concerns is Europe's high debt. Still, the Dow ended at its highest level in 12 weeks.

Good news for senior citizens, Social Security checks will increase by 3.6 percent or an average of $40 next year. Checks are getting bigger because inflation is heating up. The last cost of living adjustment was 2009.

Now Poppy Harlow has a look at what's coming up in business news -- Poppy.

POPPY HARLOW, CNNMONEY.COM: Thanks so much, Alison. Well, Wall Street is looking ahead to the third quarter GDP report set to be released.

Economic growth in the first half of the year averaged less than 1 percent, not nearly high enough to bring down unemployment. Analysts say economic growth remains sluggish throughout the summer, but do expect that it was enough to keep us out of a technical recession.

Meantime, the authorized biography of Steve Jobs will hit store shelves on Monday. The Apple CEO collaborated on that book with Walter Isaacson before Jobs lost his battle with cancer two weeks ago.

You can see experts from that book on fortune.com starting on Monday. Fred, back to you.

WHITFIELD: All right, thanks so much, ladies. European leaders met in Brussels, Belgium today on how to handle Europe's mounting debt crisis. They made no decisions, but they will meet again Wednesday.

Nina Dos Santos was at that meeting in Brussels. So Nina, what is the main point of their discussion?

NINA DOS SANTOS, CNN CORRESPONDENT: Yes, Fredricka, we still got the 27 heads of government of the European Union still meeting and these meetings are likely to go well on into the early hours. Essentially what they're planning on doing is trying to ring fence the Greek problem, the Greek debt issue, but also to try and give Greece a little bit of breathing space on its outstanding debts because it doesn't have a hope of paying all of them back at the moment.

So it could be imposing a hair cut on investors. The third topic of discussion they seemed to have made, a bit of headway in, it is a plan to recapitalize the banks to shore up the amount of money that they have in their coffers at the moment just to safeguard against Greece and protect the euro zone countries as a whole -- Fredricka.

WHITFIELD: And so how might European and U.S. markets be affected by that meeting?

SANTOS: Yes. What we can say is you just heard from Alison Kosik before and the U.S. markets and European markets, something of a significant rally on Friday, largely on the back of hopes that these leaders could come to some kind of concrete solution.

Even if we may just see the effective rubber stamping and final framework laid out at the final self-imposed deadline Wednesday when they're coming back to Brussels, but it seems as though there is already been a lot of nervousness on the markets.

You can bet that if the markets don't create enough of what they want to hear. Well, it's going to be a difficult day on Wall Street. It's going to be a difficult day in the city of London and a difficult day in Asia tomorrow.

WHITFIELD: All right. Nina Dos Santos, thanks so much from Brussels.

A look now at our top stories. The frantic search for earthquake survivors in eastern Turkey. Dozens of apartment buildings and schools collapsed when the 7.2 magnitude quake hit today. Rescue crews are using shovels and flashlights to search the ravel for signs of life.

Country music start Loretta Lynn is in a hospital battling pneumonia. The 76-year-old singer was forced to cancel two shows in Kentucky and North Carolina this weekend. Her doctors say she needs rest.

A statement on Lynn's web site says she hopes to be back on her feet by November for the rest of her upcoming concerts.

And I'll be back in one hour. Where will you find a full 60 minutes of politics? So we're going to talk about the GOP candidate stands on the economy, abortion and the Iraq pullout and immigration.

(BEGIN VIDEO CLIP)

GOVERNOR RICK PERRY (R), PRESIDENTIAL CANDIDATE: Mitt, you lose all of your standing from my perspective because you hired illegals in your home and you knew for -- about it for a year. (END VIDEO CLIP)

WHITFIELD: Rick Perry goes after Mitt Romney, but Romney doesn't leave it there. One hour of politics beginning at 4:00 Eastern Time. I'm Fredricka Whitfield. Stay with CNN. "YOUR MONEY" starts right now.