Monday February 20, 2012 Happening Now

Good Morning!

Happy Presidents' Day!

Heather Childers is on the breaking news desk today.

The big story today is the intensifying standoff with Iran. U.N. inspectors have arrived in Iran for a second series of meetings. But Iran has cut off oil sales to several European countries and leaders privately concede little is likely to come of the meetings. Meantime, the U.S. and Europe doing a full court press trying to prevent Israel from a pre-emptive strike against Iran. Israel has made it clear that it is pondering a military attack. Both the U.K. foreign minister and the Chairman of the Joint Chiefs here in the U.S. urging Israel *not* to do anything rash. The U.S. National Security Advisor has held high level meetings with the Israelis.. It's becoming increasingly fraught.

Oil prices hit 105 dollars a barrel in international trading. That could end up having a big impact on the U.S. economy.

South Korea began military drills despite warning from North Korea it would lead to an attack.

Lots of debate over birth control and women's health issues in Campaign 2012. Newt Gingrich is in Tulsa today. Ron Paul is in North Dakota. Mitt Romney is in Ohio. Rick Santorum is in Ohio and Michigan.

Three people were killed in an avalanche in Washington state.

Nasa celebrating 50 years in Space today.

Keep an eye on Greece today where there is a big Eurozone meeting on the future of a financial rescue package for Greece.

Clint Henderson is the Executive Producer for “Happening Now” and an avid traveler. Follow his adventures on Twitter, ClintPHenderson, and Instagram, clintpage1.