22/04/2014 BBC News at Ten


22/04/2014

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Tonight at ten: Tensions between Russia and Ukraine are again on the

:00:00.:00:10.

rise. In eastern Ukraine, the funerals take place of three men

:00:11.:00:13.

killed in an attack on a pro-Russian checkpoint. The Russian influence in

:00:14.:00:18.

this part of Ukraine is again under strong attack from the Americans.

:00:19.:00:25.

We call on Russia to stop supporting men hiding behind masks, in unmarked

:00:26.:00:36.

uniforms, sewing unrest in eastern Ukraine. We'll be asking if the

:00:37.:00:39.

elements of a peace deal announced last week are still in place.

:00:40.:00:42.

Also tonight: Manchester United have sacked their manager David Moyes

:00:43.:00:44.

just ten months after he succeeded Sir Alex Ferguson.

:00:45.:00:49.

Nigel Farage launches UKIP's campaign for the European elections

:00:50.:00:53.

with a range of controversial posters.

:00:54.:00:58.

China advertises the strength of its navy. We have a special report as

:00:59.:01:07.

President Obama visits Asia. President Obama is visiting allies

:01:08.:01:14.

in Asia. Not on his list, but on everyone's mind, China and its

:01:15.:01:19.

growing might at sea. And Chelsea try to gain the advantage in Madrid

:01:20.:01:22.

in their Champions' League semifinal. And coming up in

:01:23.:01:25.

Sportsday on BBC News, as well as more from Old Trafford and the

:01:26.:01:28.

Champions League, we'll have the latest from day four of the World

:01:29.:01:33.

Snooker at the Crucible. Good evening. Tensions between

:01:34.:01:56.

Ukraine and Russia are escalating once again. Ukraine's acting

:01:57.:01:59.

President has called for renewed military operations against

:02:00.:02:01.

pro-Russian militants in eastern Ukraine. He spoke on the day the US

:02:02.:02:06.

vice-president, Joe Biden, was visiting Kiev. Mr Biden warned

:02:07.:02:10.

Russia that further "provocative behaviour" in Ukraine would lead to

:02:11.:02:13.

greater isolation, but the Russians say they're ready for any further

:02:14.:02:18.

sanctions. Our correspondent Daniel Sandford reports from Donetsk.

:02:19.:02:24.

The headquarters of the eastern Ukrainian uprising in Donetsk

:02:25.:02:27.

tonight, as the shaky Easter truce came to an end. Just a few minutes

:02:28.:02:33.

earlier, acting President Oleksandr Turchynov announced he was resuming

:02:34.:02:35.

what he had called the anti-terrorist operation in the

:02:36.:02:43.

rebellious East. The President said he was relaunching the operation

:02:44.:02:46.

after the bodies of two people were found. They had apparently been

:02:47.:02:50.

tortured. One of them was a local politician. Filmed here in the black

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jacket a few days ago, Vladimir Rybak, who supports the government

:02:56.:02:58.

in Kiev, disappeared soon afterwards and has now turned up dead. He was

:02:59.:03:05.

from the same party as acting President Turchynov. Today he was

:03:06.:03:09.

getting support from the visiting American Vice President Joe Biden,

:03:10.:03:12.

who firmly blamed Russia for the problems in eastern Ukraine.

:03:13.:03:19.

No nation should stoke instability in its neighbour's country. We call

:03:20.:03:28.

on Russia to stop supporting men, hiding behind masks, in unmarked

:03:29.:03:31.

uniforms, sowing unrest in eastern Ukraine.

:03:32.:03:41.

In the east's, most militant town, Sloviansk, the uncontrolled sorrow

:03:42.:03:47.

of a wife mourning today. Her husband, Sergei Rudenko, was one of

:03:48.:03:50.

three men shot by unknown gunmen while manning a rebel checkpoint.

:03:51.:03:59.

The deaths have only further increased the strong feelings and

:04:00.:04:03.

tensions in a region which has already brutally exposed rifts that

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are opening up in Ukraine, rifts that will get harder to bridge each

:04:07.:04:08.

time blood is shed. It was the area around this town

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that the Kiev government targeted in its unsuccessful military operation

:04:20.:04:23.

last week. If anything, attitudes have hardened since then. This was

:04:24.:04:28.

the self appointed mayor of Sloviansk today, on the subject of

:04:29.:04:31.

the far right activists of western Ukraine. TRANSLATION: With the Nazis

:04:32.:04:37.

and fascists, will have only one kind of dialogue. We'll destroy

:04:38.:04:43.

them. As the deaths mount on both sides and the rhetoric gets

:04:44.:04:46.

stronger, the time to resolve this crisis is running out.

:04:47.:04:52.

Live to Donetsk tonight, Daniel is there for us. The peace deal we were

:04:53.:05:00.

talking about last week in Geneva, how likely is that looking following

:05:01.:05:05.

the events of the past ten to four hours there? Well, as we have been

:05:06.:05:09.

saying for several days, the Geneva agreement looks pretty much dead

:05:10.:05:12.

here. One of the things that was supposed to happen was that

:05:13.:05:14.

pro-Russian protesters were supposed to give up government buildings and

:05:15.:05:18.

police stations they were holding here and that simply hasn't

:05:19.:05:21.

happened. In fact, everything seems the same as it was just before the

:05:22.:05:25.

Geneva agreement was signed, except for one thing, that President

:05:26.:05:31.

Alexander Tettey of says he has restarted his military operation.

:05:32.:05:35.

What that means isn't clear. Does that mean the whole region is

:05:36.:05:39.

teetering on the brink? I'm not sure about that. Donetsk feels pretty

:05:40.:05:44.

normal most of the time. The blood going about their life. The only

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thing which is unusual is the few buildings being held. This doesn't

:05:49.:05:52.

feel like a city on the brink of civil war. But when you go to

:05:53.:05:56.

Sloviansk, the headquarters of the uprising, there you feel that almost

:05:57.:05:59.

anything can happen. Thanks very much.

:06:00.:06:01.

The most successful club in Premier League history, Manchester United,

:06:02.:06:05.

have sacked their manager David Moyes just ten months after he

:06:06.:06:08.

succeeded Sir Alex Ferguson. Last season's title winners have slipped

:06:09.:06:11.

to seventh place in the league and they've failed to qualify for the

:06:12.:06:14.

Champions' League for the first time in two decades. David Moyes, who was

:06:15.:06:17.

chosen by Sir Alex, spent just 295 days in charge, despite having

:06:18.:06:20.

signed a six-year contract last year. Ryan Giggs has taken over

:06:21.:06:26.

until a permanent appointment is made. It's a goal! What a blow for

:06:27.:06:32.

Manchester United and David Moyes. It's been almost painful to watch.

:06:33.:06:37.

4-0! And as results have gone from bad to worse for David Moyes, it was

:06:38.:06:41.

only a matter of time before Manchester United brought his misery

:06:42.:06:46.

to an end. That could be the nail in the in the coffin for Manchester

:06:47.:06:51.

United tonight. This was Moyes today, avoiding the cameras as he

:06:52.:06:54.

arrived back at his house after being fired just ten months into the

:06:55.:07:00.

job. The final straw, this defeat by Moyes's old team Everton on Sunday.

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Everton 2, Manchester United 0. Within 24 hours, news of his

:07:08.:07:10.

imminent sacking started to leak and early this morning he was summoned

:07:11.:07:13.

to a meeting at the club's Carrington training ground. By 8:30

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he was gone. The whole process moving so quickly, he hadn't even

:07:19.:07:23.

agreed his payoff. There's no question Manchester United are a

:07:24.:07:27.

club in crisis. They've not qualified for the Champions League,

:07:28.:07:30.

they've lost a manager just before the transfer window starts. They are

:07:31.:07:35.

in a worse situation than they were 12 months ago. So, what went wrong?

:07:36.:07:41.

Having had years to plan for the succession from Sir Alex Ferguson,

:07:42.:07:46.

the club seemed underprepared. After delivering the last of his 13

:07:47.:07:49.

Premier League titles last year, Ferguson was then allowed to

:07:50.:07:54.

hand-pick his replacement. But Moyes, dubbed The Chosen One, had

:07:55.:07:58.

little time to rebuild the team last summer and struggled to escape from

:07:59.:08:05.

Sir Alex's shadow. He had a squad of players who seemed unable or even

:08:06.:08:10.

unwilling to deliver for him. Those players he was able to bring in made

:08:11.:08:14.

little impact and he was faced with constant rumours of dressing room

:08:15.:08:19.

unrest. I think it's a shame. I think he should have been given more

:08:20.:08:23.

time. I think some of the players at Man United should be ashamed of

:08:24.:08:26.

themselves. I think they really let him down. Finally, there was the

:08:27.:08:30.

question of United the business. Ever since American owners the

:08:31.:08:33.

Glazers floated United on the New York stock exchange, commercial

:08:34.:08:35.

revenues and profits have been going up. This year, United's income will

:08:36.:08:40.

be over ?400 million, more than enough to cope with this season's

:08:41.:08:46.

European disappointment. But the markets are watching. This will be a

:08:47.:08:51.

concern to those investors. They've had plenty of time in the last few

:08:52.:08:56.

months to adjust those expectations. But they will require Manchester

:08:57.:08:59.

United to get back on track as quickly as possible. For now, United

:09:00.:09:05.

legend Ryan Giggs is in charge. But he won't get the job long term. The

:09:06.:09:09.

search, then, is on for an experienced manager to fill the gap,

:09:10.:09:12.

with Dutchman Louis van Gaal the favourite tonight. Whoever takes it

:09:13.:09:17.

on will be anxious to avoid the mistakes made by Moyes. But from the

:09:18.:09:22.

start this has not been well handled. While he has ultimately

:09:23.:09:25.

paid the price, this is a mess of more than one man's making.

:09:26.:09:34.

A lot of people will be looking at this club tonight and wondering what

:09:35.:09:41.

on earth is going on. Manchester United have for so many years been a

:09:42.:09:46.

symbol of stability and success. For the last few months that has been

:09:47.:09:51.

thrown into the year. -- air. David Moyes never seem to fit the mould of

:09:52.:09:55.

Manchester United manager. I think the Glazers have realised over the

:09:56.:09:58.

last week or so that they could not really entrust him with more than

:09:59.:10:02.

?100 million to spend on new players in the summer. The focus is on the

:10:03.:10:06.

owners now. They have a huge decision to make, possibly the

:10:07.:10:09.

biggest they have had to make since they took over the club. They know

:10:10.:10:10.

they can't afford to get it wrong. Britain should limit the number of

:10:11.:10:17.

immigrants to 50,000 people a year at most, according to Nigel Farage,

:10:18.:10:23.

leader of the UK Independence Party. He was speaking at the launch of his

:10:24.:10:26.

party's campaign for next month's European and local elections. The

:10:27.:10:33.

party which wants Britain to leave the EU is putting up hundreds of

:10:34.:10:36.

posters warning that unemployed Europeans are after British jobs. Mr

:10:37.:10:39.

Farage faced questions about the decision to employ his wife, who's

:10:40.:10:48.

German, as his secretary. There is nothing Nigel Farage likes

:10:49.:10:53.

more than steering up a row, upsetting those he calls the

:10:54.:10:59.

chattering classes. Today, UKIP's leader strode into Sheffield to

:11:00.:11:02.

launch an election campaign that he says he and his party are going to

:11:03.:11:07.

win. His aim, he said, is nothing less than regaining control of our

:11:08.:11:11.

country. Starting with our borders. We want to have, after the EU, a

:11:12.:11:19.

sensible and open immigration policy which says, we welcome people, but

:11:20.:11:22.

we have to control the quantity and quality of who comes to Britain.

:11:23.:11:27.

Open and sensible are not among the words his opponents are using to

:11:28.:11:31.

describe posters like this which suggest millions of potential

:11:32.:11:34.

immigrants from the EU after your job. Unemployment here in Sheffield

:11:35.:11:38.

and elsewhere is falling, just months after UKIP's last warning

:11:39.:11:45.

that millions of Romanians and Bulgarians were on their way,

:11:46.:11:49.

looking for work. Your post is saying many millions of

:11:50.:11:53.

people are threatening people's jobs. I'm putting it to you that,

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since the borders were opened, using your language, unemployment is going

:11:58.:12:02.

down and the number of jobs in the economy are going up. It is going

:12:03.:12:05.

down and the number of jobs in the economy are going up. It's a the

:12:06.:12:08.

borders opened in 2004, and it is irony linked to increasing

:12:09.:12:11.

unemployment in this country. What happened to the Romanians and

:12:12.:12:17.

Bulgarians taking jobs? We don't know. There are no official figures.

:12:18.:12:22.

UKIP say they would not stop immigration, they would instead

:12:23.:12:27.

allow 30,000 two 50,000 skilled immigrants in each year. Another

:12:28.:12:32.

UKIP poster claims you are funding a celebrity lifestyle for European

:12:33.:12:36.

bureaucrats. I suggested to Nigel Farage that it could include him, as

:12:37.:12:40.

he and his wife have received several million pounds in EU funds

:12:41.:12:44.

since he became a member of the European Parliament. Your wife is

:12:45.:12:49.

German, she is your secretary, paid for by the British taxpayer? She

:12:50.:12:54.

came here as a highly skilled person, paying a large amount of

:12:55.:13:01.

tax. Issue not taking somebody else's job? No, I don't think

:13:02.:13:05.

anybody would want to be in my house at midnight, going through e-mails

:13:06.:13:09.

and getting briefed for the next day. How is she not taking a British

:13:10.:13:15.

prison's job? Nobody else could do that. Unless I married them. You

:13:16.:13:19.

don't think anybody else could do that? Marrying me? Doing the job of

:13:20.:13:24.

your secretary? I don't think anybody else would do those hours.

:13:25.:13:31.

Watching and heckling, the BNP, who caused an upset in European

:13:32.:13:35.

elections five years ago. But UKIP's appeal is much broader and

:13:36.:13:37.

they are now targeting ex-Labour voters. It was Tony Blair and

:13:38.:13:46.

labour. Before UKIP? This was many years ago. What changed your mind?

:13:47.:13:52.

Immigration. A hot topic. Controls are important, for that, I agree

:13:53.:13:57.

with him and I think the majority would. But you might not vote for

:13:58.:14:02.

him? When it comes to voting for him, it would take a lot from it to

:14:03.:14:09.

do that. I think basically he is bordering on fascism at times.

:14:10.:14:14.

Really? That's a very strong word. Yes, I do. It wasn't very long since

:14:15.:14:20.

David Cameron was dismissing UKIP as fruitcakes, loonies and closet

:14:21.:14:24.

racist 's. Today, Nigel Farage says he believes he can win the European

:14:25.:14:29.

elections. In Westminster, there are a lot of people that think he may

:14:30.:14:31.

well be right. The Business Secretary Vince Cable

:14:32.:14:39.

has sent a letter to Britain's 100 biggest companies calling on them to

:14:40.:14:42.

show restraint on executive pay levels. He's told the BBC that

:14:43.:14:44.

government reforms give businesses an opportunity to improve their

:14:45.:14:47.

reputation with the public by linking pay in the sector to

:14:48.:14:49.

performance for the first time. This is anp opportunity for these

:14:50.:15:00.

companies to make peace with the public. It is particularly true of

:15:01.:15:06.

the banking sector why pay reached ridiculous levels and with Barclays

:15:07.:15:09.

in particular coming up on Thursday, we will see how far they have

:15:10.:15:13.

listened to pressure from people who own the banks. The shareholders and

:15:14.:15:16.

exercise responsibility and long-term thinking.

:15:17.:15:22.

That was Vince Cable. Our business editor, Kamal Ahmed is with me.

:15:23.:15:25.

Let's talk about the timing of the letter and second, what it is meant

:15:26.:15:29.

to achieve? Well, this is an actual general meeting season. Now that's

:15:30.:15:34.

not quite up there with Christmas in most people's calendar but it is

:15:35.:15:37.

important for the business world. It is a time when shareholders can vote

:15:38.:15:44.

on the executive's pay. Mr Cable has clearly written this letter do show

:15:45.:15:47.

he is still on the side of the public. The public think this is a

:15:48.:15:51.

very, very important issue. It has been a toxic issue ever since the

:15:52.:15:54.

financial crisis. The letter has come to try and achieve three

:15:55.:15:58.

things: He wants to say - I've listened to the public, I have acted

:15:59.:16:01.

and I have given powers to shareholders to act. Now, it is the

:16:02.:16:05.

third of those where there might be the problem. Has there been action?

:16:06.:16:11.

Now, a letter, even with insinnedry language that he uses, he talks

:16:12.:16:15.

about excessive and disproportionate pay in the corporate sector damaging

:16:16.:16:18.

popular trust. Will it make a difference? Not on its own.

:16:19.:16:23.

Businesses are global. They need to compete for talenter around the

:16:24.:16:27.

world. The issue Mr Cable will be trying to get across is - I've go

:16:28.:16:32.

the my eye on this. It is time for the shareholders to act and to

:16:33.:16:35.

listen to what the members of the public are worried about. The former

:16:36.:16:41.

Prime Minister, Labour's Gordon Brown, has urged voters in Scotland

:16:42.:16:44.

to see the benefits of staying within the United Kingdom in the

:16:45.:16:47.

referendum on Scottish independence later this year. Mr Brown said

:16:48.:16:51.

Scottish pensions would be more secure and cheaper to administer if

:16:52.:16:54.

Scotland remained a part of the UK. It was his first speech for the

:16:55.:16:57.

cross-party Better Together campaign. Our special correspondent,

:16:58.:17:01.

Allan Little, was there. His report contains some flash photography. He

:17:02.:17:13.

stayed away from Better Together until now, reluctant, it seemed, to

:17:14.:17:16.

share a platform with Conservatives and Liberal Democrats. Today he put

:17:17.:17:19.

those old divisions aside to speak directly to Scotland's pensioners,

:17:20.:17:21.

"Your security lies in the United Kingdom", he said, "where financial

:17:22.:17:24.

risk is shared with England, Wales and Northern Ireland." We pool and

:17:25.:17:30.

share our resources across the United Kingdom, to secure our

:17:31.:17:32.

pensions, health care, freedom from unemployment, the right to work and

:17:33.:17:35.

a whole range of benefits that flow from the cooperation that happens

:17:36.:17:38.

between four nations. His intervention is timely, for the

:17:39.:17:40.

"yes" campaign is making in-roads into Labour territory. In Gordon

:17:41.:17:50.

Brown, Better Together have fired the biggest gun in their artillery.

:17:51.:17:55.

Whatever his reputation elsewhere in the UK, the Better Together campaign

:17:56.:17:57.

believe Gordon Brown retains great respect in Scotland, especially in

:17:58.:18:00.

traditional heartlands like this constituency in Glasgow. They hope

:18:01.:18:07.

that his intervention will stem the flow of traditional Labour voters,

:18:08.:18:10.

who've been defecting to the independence camp. The journalist

:18:11.:18:21.

Ruth Wishard is one. She's been voting Labour most of her life but

:18:22.:18:24.

has joined the independence campaign because she believes an independent

:18:25.:18:27.

Scotland would be a fairer, more egalitarian society. A lot of people

:18:28.:18:33.

of my age and persuasion are voting as much about values and social

:18:34.:18:36.

cohesion and social justice as any sense of nationhood or nationalism.

:18:37.:18:39.

It is about what kind of country we think Scotland can be and I think a

:18:40.:18:43.

lot of us don't think that kind of country is going to emerge under the

:18:44.:18:46.

next UK Government, whatever shade it is. The Scottish Government

:18:47.:18:49.

insists that an independent Scotland would easily be able to pay its

:18:50.:18:54.

Pensions Bill. The pro-union campaign is trying hard to change

:18:55.:18:57.

its tone to be upbeat about Britain, rather than downbeat about

:18:58.:19:00.

independence. Gordon Brown's warning that a "yes" vote would jeopardise

:19:01.:19:03.

pensions does not sit easily with that rebranding.

:19:04.:19:13.

Parents of the schoolgirls abducted by Islamists in Nigeria a week ago

:19:14.:19:23.

say the figure missing is much higher than 100. It's thought they

:19:24.:19:28.

are being held by the Islamist militant group, Boko Haram in the

:19:29.:19:39.

north-eastern state of Borno. Yet another destroyed school in

:19:40.:19:43.

north-east Nigeria. This area of Borno state is so remote and

:19:44.:19:46.

dangerous, it took a whole week to get the first pictures out. Many

:19:47.:19:49.

schools have been attacked by Islamist militants but this midnight

:19:50.:19:52.

raid on this school was different. The gunmen forced all the female

:19:53.:19:54.

students out of their dormitories that were then torched. The

:19:55.:19:57.

insurgents, believed to have been from the group known as Boko Haram,

:19:58.:20:00.

then loaded more than 200 girls on to lorries and drive them away. A

:20:01.:20:05.

few managed to escape. One of the girls said she initially mistook the

:20:06.:20:08.

attackers from people who had come to protect them. We've hidden her

:20:09.:20:11.

identity for her own safety. TRANSLATION: We thought they were

:20:12.:20:14.

soldiers and they asked us to board a vehicle which headed towards

:20:15.:20:17.

Zamboa and my friends and I jumped from the vehicle and ran back home

:20:18.:20:20.

because we realised they didn't look innocent. After trying for days, I

:20:21.:20:25.

got through on the phone to the father of one kidnapped girl. We,

:20:26.:20:34.

the parents, we are pleading to the Boko Haram, please, release our

:20:35.:20:40.

daughters. I plead. Boko Haram translates in the local

:20:41.:20:43.

language as, "western education is forbidden" and the attacks on

:20:44.:20:45.

government schools have forced thousands of students home. Last

:20:46.:20:52.

week the Nigerian military was saying it was doing all it could to

:20:53.:20:56.

locate and rescue the girls but since then there has been no

:20:57.:20:58.

official statement. Now relatives and friends telling me they are

:20:59.:21:01.

increasingly desperate and feel helpless as they wait for news.

:21:02.:21:04.

Christians and Muslims from the area are all saying the same prayers -

:21:05.:21:06.

for the girls to be set free. A seven-year-old boy who suffered

:21:07.:21:19.

serious burns in Aberdeen on Friday has died in hospital. Preston Flores

:21:20.:21:22.

was found by neighbours, with his clothes on fire, after an incident

:21:23.:21:25.

which is thought to have involved petrol. Police said there was "no

:21:26.:21:29.

evidence of a deliberate act" but it's not known how it came about.

:21:30.:21:39.

Six years after the onset of the global financial crisis, new

:21:40.:21:42.

research has revealed that the UK's debt burden is finally falling. But

:21:43.:21:46.

the UK remains the second most indebted of all the world's

:21:47.:21:48.

developed nations, with debts at the end of last year totalling almost

:21:49.:21:51.

five times the country's national output. Our economics editor, Robert

:21:52.:21:54.

Peston, has been taking a closer look.

:21:55.:21:59.

For many, huge debts represent the end of freedom, living, in effect,

:22:00.:22:04.

behind bars. And what's true for individuals has also been true for

:22:05.:22:07.

the country, as UK indebtedness soared to record levels in the crazy

:22:08.:22:14.

boom years. This is the old wall of the notorious Marshalsea debtors'

:22:15.:22:16.

prison, where Charles Dickens' dad, among others, was locked up. Now,

:22:17.:22:21.

for the past few years, the British economy has felt constricted,

:22:22.:22:23.

imprisoned, unable to thrive or grow because of the burden of its record

:22:24.:22:34.

debts. From 2000 to 2012, total UK debts - that's household, company,

:22:35.:22:36.

banking and Government debts - soared from 304% of the national

:22:37.:22:39.

income or GDP to an eye-watering, all-time record of 502% and they

:22:40.:22:51.

didn't fall for ages. But recently they have been reducing, a bit, to

:22:52.:22:59.

471% of GDP. This American professor, when, at the influential

:23:00.:23:01.

Bank for International Settlements, warned that big debts can make whole

:23:02.:23:11.

economies poorer. Well, I think there is substantial evidence, first

:23:12.:23:14.

of all that is saying that initially an economy grows but then things can

:23:15.:23:18.

go too far and you can get too much debt and it becomes a drag, it

:23:19.:23:22.

becomes a drag on consumers and businesses. It becomes a drag on

:23:23.:23:30.

investors. As I found at a market in south-east London, a story of less

:23:31.:23:33.

burdensome debts in general, leaves some still struggling. Do your

:23:34.:23:36.

finances feel better or worse than a few years ago? I think I would

:23:37.:23:40.

probably say better than a few years ago. Much worse. Much worse. They

:23:41.:23:45.

are better now. Can you put a bit of flesh on that, why they are better?

:23:46.:23:49.

Is it that you paid down your debts? Yes, exactly that. Keeping your head

:23:50.:23:52.

above water isn't all that easy in Cornwall. Mike Ainsworth borrowed a

:23:53.:23:56.

huge amount to buy his dream house here. I think it probably was too

:23:57.:24:04.

easy to borrow. But, we would just happen to be very lucky that the

:24:05.:24:07.

interest rates crashed when they did. Which helped us a lot, really.

:24:08.:24:14.

Mike's been doing all he can to pay off his mortgage. So, his story, to

:24:15.:24:19.

an extent, is that of Britain - in that households increased their

:24:20.:24:22.

debts from 62% of national income in 1997 to 103% in 2009. But, these

:24:23.:24:30.

debts have since been declining to 90% of national income.

:24:31.:24:36.

There is, of course, one part of the economy where the story of declining

:24:37.:24:40.

debts isn't true. That's the public sector, the Government, where

:24:41.:24:44.

borrowing is still very substantial. But, even so, the debt shackles that

:24:45.:24:47.

have been preventing our escape to rising prosperity, may, at last, be

:24:48.:24:48.

loosening. President Obama has left Washington

:24:49.:25:01.

for a week-long tour of Asia. The White House says it's part of the

:25:02.:25:04.

"eastward rebalancing" of US foreign policy. The Americans are

:25:05.:25:08.

increasingly focused on security and trade in a region where China is

:25:09.:25:16.

adopting more assertive policies. Mr Obama travels first to Japan, which

:25:17.:25:19.

is involved in a diplomatic standoff with China over islands in the East

:25:20.:25:22.

China Sea. He goes next to South Korea, where talks will focus on

:25:23.:25:26.

trade links. Finally Mr Obama will go to Malaysia and the Philippines.

:25:27.:25:30.

Both have concerns over China's claims in the South China Sea. The

:25:31.:25:34.

President, who visited China five years ago, is not stopping there

:25:35.:25:37.

this time but as our China editor, Carrie Gracie reports, his every

:25:38.:25:40.

word will be measured carefully in Beijing.

:25:41.:25:48.

Naval power is a Chinese obsession. The country's aircraft carrier is

:25:49.:25:55.

based in Wen Yuzhun's hometown. But he can't get close enough to see the

:25:56.:25:58.

real thing, so he made this model and hopes that, even if he doesn't,

:25:59.:26:02.

his grandson will live to see China rule the waves. TRANSLATION: One

:26:03.:26:10.

aircraft carrier is not enough. Ten is not enough. Japan is bullying

:26:11.:26:14.

China and sees China's not strong enough, and there's nothing we can

:26:15.:26:18.

do about it. A music video from the top guns of the People's Liberation

:26:19.:26:22.

Army on the eve of President Obama's Asian tour. Out on exercise to make

:26:23.:26:28.

the Chinese public proud, to teach the neighbours respect and to focus

:26:29.:26:32.

American minds on what it might cost in future to dominate these seas.

:26:33.:26:38.

TRANSLATION: It's like Napoleon said. When China wakes, it will

:26:39.:26:43.

shake the world. The Americans can't bear it. We've woken up and we are

:26:44.:26:50.

recovering our might. So, President Barack Obama is coming back to Asia.

:26:51.:26:53.

He's conspicuously not visiting China. Future diplomats in a Beijing

:26:54.:26:59.

classroom. They've grown up under a map of Asia dominated by US power.

:27:00.:27:03.

But now there's more talk of the old map, with China at the centre,

:27:04.:27:07.

circled by deferential neighbours. Chinese people may think that now we

:27:08.:27:11.

have money we should be perceived in a more respectful way and you should

:27:12.:27:21.

respect our sovereignty. This Qingdao ferry only goes across the

:27:22.:27:29.

bay. But sail east from here and soon you are in waters controlled by

:27:30.:27:32.

the US Navy. Americans often say China should be grateful to the US

:27:33.:27:35.

fleet for keeping the peace in Asia for the past 40 years. That it's

:27:36.:27:41.

allowed China the space to grow rich and grow strong. But that's not how

:27:42.:27:44.

the Chinese government sees it, nor the Chinese public. Here, they will

:27:45.:27:58.

be watching President Obama's tour across the water, alert for signs

:27:59.:28:01.

that he's encouraging the territorial claims of others and

:28:02.:28:04.

dreaming of the day when China is strong enough to enforce its own

:28:05.:28:09.

claims in these seas. Tonight's football and Chelsea have

:28:10.:28:16.

held Athletico Madrid to a goal-less draw in the first leg of the

:28:17.:28:20.

Champions' League semifinal. Madrid in the springtime. Formal

:28:21.:28:24.

Real boss, Jose Mourinho knows it well. But his return to the capital

:28:25.:28:29.

didn't start as planned. David Luis's push on Garcia ended Petr

:28:30.:28:34.

Cech's night early. His shoulder dislocated. So, on came Mark

:28:35.:28:40.

Schwarzer. At 41 their very own Chelsea pensioner. They have a much

:28:41.:28:44.

younger keeper, but he is on loan, here.

:28:45.:28:48.

He was almost called into action but Gary Cahill's header went nowhere.

:28:49.:28:52.

Chelsea were defending solidly. Some have even called that parking the

:28:53.:28:57.

bus. But a twisted ankle for John Terry saw him limp off and Atletico

:28:58.:29:03.

sniff their chance. Ultimately, though, it all came to nothing and

:29:04.:29:10.

Fernando Torres's return to his old club turned out to be a stalemate.

:29:11.:29:15.

And that's

:29:16.:29:16.

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