:00:12. > :00:16.Breaking the debt deadlock, America's politicians are poised to
:00:16. > :00:19.start voting on a deal. After weeks of wrangling, President Obama
:00:19. > :00:24.announces a plan to raise the debt ceiling, but has to accept big
:00:24. > :00:29.spending cuts. It will allow us to avoid default and end the crisis
:00:29. > :00:33.Washington imposed on the rest of America. It is time for America to
:00:33. > :00:36.deal with its spending problem and the fact that we have made promises
:00:36. > :00:40.to the American people that kids and gran kids cannot afford.
:00:40. > :00:45.will have the latest on the attempts to end the debt crisis.
:00:45. > :00:49.Also, facing up to an impoverished old age. A warning that private
:00:49. > :00:54.pensions need an urgent overhaul. It is a wake-up call for the
:00:54. > :01:00.industry, saying you have to devise a trustworthy system which shares
:01:00. > :01:04.the press, which is transparent and After its deadliest day, more
:01:04. > :01:09.violence in Syria, as international condemnation grows.
:01:09. > :01:15.From good health to a hospital bed. The shocking impact of alcohol on
:01:15. > :01:19.young people. We have a special report.
:01:19. > :01:29.And India crushed. England are unstoppable as they win the second
:01:29. > :01:40.
:01:40. > :01:44.Good evening. After weeks of wrangling, arguments
:01:44. > :01:48.and uncertainty, America's politicians are poised tonight to
:01:48. > :01:52.start voting on a deal to stop the country potentially defaulting on
:01:52. > :01:56.its debts. The last minute plan, thrashed out between President
:01:56. > :01:59.Obama and party leaders, would raise the country's debt ceiling by
:01:59. > :02:03.2.4 trillion dollars. It also includes the same amount in
:02:03. > :02:08.spending cuts. The President described the last few weeks as
:02:08. > :02:12.messy, but urged everyone to back the deal. Paul Adams has the latest
:02:12. > :02:16.on the move to end the debt crisis, and his piece contains flash
:02:16. > :02:21.photography. As the clock ticks down, the
:02:21. > :02:25.politics goes on. Frenetic activity on Capitol Hill, as lawmakers
:02:25. > :02:29.gathered to hear details of a deal struck over the weekend, and give
:02:29. > :02:33.their verdict. Members of the Democratic Party met in the bowels
:02:33. > :02:40.of the building, plenty frustrated with the outcome. We have to
:02:40. > :02:43.swallow our egos and a pride, and self-respect, and save our country
:02:44. > :02:49.and the American people. Do you think you can get behind this bill?
:02:49. > :02:55.No. It fell to the vice-president to win the Democrats around.
:02:55. > :02:59.thought it was a good meeting. I feel confident that this will pass.
:02:59. > :03:05.What do we know about the deal that is on the table? First of all, it
:03:05. > :03:08.sets a new debt ceiling of 16.7 trillion dollars. It says future
:03:08. > :03:11.government spending should be cut by around one trillion dollars, and
:03:11. > :03:16.it establishes a congressional committee to come up with even
:03:16. > :03:18.deeper cuts in the future. Everyone has had to make concessions, but
:03:18. > :03:22.the Republican leadership in the House of Representatives is doing
:03:22. > :03:27.its best to claim victory. We see this as a good step in the right
:03:27. > :03:31.direction. As a decent down-payment on the deficit and a huge change in
:03:31. > :03:37.the culture of spending. No one is pretending that getting here has
:03:37. > :03:42.been nice to watch. This was a mess, there is no question, it was a
:03:42. > :03:45.circus at times. We unnecessarily sent the message around the country
:03:45. > :03:50.and the Globe that the United States might default on its
:03:50. > :03:55.obligations for the first time in its history. But in the end,
:03:55. > :03:59.compromise won out. One Wall Street, which never really doubted that a
:04:00. > :04:04.deal would be done, stocks rose this morning -- on Wall Street.
:04:04. > :04:08.Then the real world intruded. The latest Dismore manufacturing
:04:08. > :04:18.figures sent the markets tumbling - - Dismore. This has been a bruising
:04:18. > :04:18.
:04:18. > :04:23.And the debates about the size and function of government rage on.
:04:23. > :04:27.What can we expect in the next few hours? We think that possibly,
:04:27. > :04:33.within the next hour or so, the House of Representatives will hold
:04:33. > :04:38.its vote. And we think that the bill is likely to pass. You will
:04:38. > :04:41.hear plenty of opposition, and there will be plenty of no votes
:04:41. > :04:46.from Conservative members of the Tea Party wing of the Republican
:04:46. > :04:49.Party. They think the cuts don't go far enough. They will be joined by
:04:49. > :04:54.Liberal Democrats to think the cuts go too far, and that the burden of
:04:54. > :04:58.those cuts will fall on the poorest and most vulnerable in society. The
:04:58. > :05:02.Democratic leader in the House, Nancy Pelosi, said she would
:05:02. > :05:07.support the Bill, but was concerned it contained not one red cent from
:05:07. > :05:11.the wealthiest people in the country. The Senate, we think, will
:05:11. > :05:16.vote on this tomorrow. Once again, it is likely that the Bill will be
:05:16. > :05:20.passed. You are right, this isn't the end of this row, it is perhaps
:05:20. > :05:25.just the beginning. We are going to hear all of the arguments that have
:05:25. > :05:29.been passionately debated, thrashed out again when the committee meets
:05:29. > :05:32.to discuss phase two of the cuts. Debates about the size of
:05:32. > :05:37.government and where the cuts should fall, about whether income
:05:37. > :05:41.tax should be raised as part of the whole process. And we have eight
:05:41. > :05:44.election coming up at the end of next year. Frankly -- we have an
:05:44. > :05:53.election. What you have been hearing about is what the election
:05:53. > :05:57.Millions of people face a bleak old age, because their pensions will be
:05:57. > :05:59.nowhere near enough for them to live on when they stop working. A
:05:59. > :06:04.review of private sector pensions commission by part of the industry
:06:04. > :06:07.itself says that workers must get a better deal from pension funds, if
:06:07. > :06:12.they are to save enough for their retirement. The chair of the
:06:12. > :06:16.commission said schemes what will complex, costly and inefficient --
:06:16. > :06:21.were too complex. 14 million people who work in the
:06:21. > :06:23.private sector are not saving for their old age, because they find
:06:23. > :06:27.the pensions system too difficult to understand, and they don't
:06:27. > :06:31.believe they will benefit from the scheme when they retire. This
:06:31. > :06:36.report warns of a bleak dawn in the years ahead, with a generation of
:06:36. > :06:40.retirees who will be unable to adequately exist when they stop
:06:41. > :06:45.working. It is a wake-up call for consumers. Saying to them, if you
:06:45. > :06:49.don't save, you are going to face that impoverished retirement. It is
:06:49. > :06:52.a wake-up call for the industry, saying you have to devise a
:06:52. > :06:58.trustworthy system which shares the risk, which is transparent and low
:06:58. > :07:02.cost. John takes his retirement plans very seriously. He has a
:07:02. > :07:07.workplace pension but says because of the complexity of it, he needs
:07:07. > :07:11.to manage it very carefully on a regular basis. It is not all
:07:11. > :07:15.straightforward. You have to look into it yourself and work out what
:07:15. > :07:19.you need and what you don't. It is easy for me because I have spent a
:07:19. > :07:22.lot of time looking into it and trying to work it out for myself. I
:07:22. > :07:27.think most people leave it for another year. The pensions
:07:27. > :07:31.commission has called for a less complex system. Lower charges, and
:07:31. > :07:35.a government cap on costs, as part of wide-ranging proposals. The
:07:35. > :07:39.report says people need to feel they get value for money when
:07:39. > :07:43.investing in a pension scheme, or they simply won't bother saving for
:07:44. > :07:48.their retirement. Instead, they will spend today, ignore tomorrow,
:07:48. > :07:53.and end up scraping by in old age. Major changes aimed at forcing
:07:53. > :07:56.people to save come in next year. Compulsory enablement will mean
:07:56. > :08:01.millions of workers will automatically have a pension. --
:08:01. > :08:05.compulsory and Romans. People in their 30s and 40s, it will be
:08:05. > :08:14.decades before they retire and we need to get people saving much
:08:14. > :08:17.younger than in the past, because a People must save more for their
:08:17. > :08:23.retirement, but the strongest criticism is aimed at the pensions
:08:24. > :08:28.industry, claiming charges are too high, and most tellingly, it says
:08:28. > :08:32.trust in the pensions industry is low.
:08:32. > :08:35.Syrian troops, backed by tanks, have renewed attacks on the city of
:08:36. > :08:40.Hama, won the second day of a crackdown on anti-government
:08:40. > :08:43.protesters. Violence was reported in several cities around Syria over
:08:44. > :08:47.the weekend, with human rights activists claiming dozens of people
:08:47. > :08:53.were killed in the opposition controlled Hama. Foreign
:08:53. > :08:57.journalists are restricted from reporting freely within Syria.
:08:57. > :09:02.This report was sent from a writ. A big turnout from the funeral of
:09:02. > :09:07.one of the scores of protesters human rights groups say were killed
:09:07. > :09:12.by security forces yesterday. But on Syrian state TV, there was no
:09:12. > :09:18.mention of the civilians who died. The trouble was all blamed on armed
:09:18. > :09:24.terrorist gangs. Instead, the official focus was on military
:09:24. > :09:32.funerals. Today, at least half-a-dozen,
:09:32. > :09:37.killed in yesterday's clashes. Up in Hama, the army's role is not
:09:37. > :09:42.seen as so heroic. Tank shells, machine guns and sniping claimed
:09:42. > :09:48.scores of civilian lives, according to activists. It was one of the
:09:48. > :09:51.bloodiest days since the uprising began in March. It has stirred
:09:51. > :09:54.widespread international condemnation. We were extremely
:09:54. > :09:58.appalled and shocked by what happened in Hama yesterday, there
:09:58. > :10:02.has never been any justification. You cannot justify attacking
:10:02. > :10:05.civilians who are exercising their right to democratic process. You
:10:06. > :10:10.can't send in the tanks and attack them like that. For the past month,
:10:10. > :10:14.the city has been virtually taken over by its own people. That is why
:10:14. > :10:20.the regime felt it had to try to take it back. Civilians are in
:10:20. > :10:27.danger, but they say they don't want outside intervention. No, no,
:10:27. > :10:35.not at all. We refuse all military interference. We need political
:10:35. > :10:41.support for our opinions, we will continue our peaceful uprising
:10:41. > :10:43.without weapons. Even if they kill us, we will not use weapons. It is
:10:43. > :10:47.in the international arena that part of the battle is now being
:10:47. > :10:51.waged. Syrian nationals living abroad have been staging rallies
:10:51. > :10:57.for and against the government. The European Union has announced more
:10:57. > :11:01.economic sanctions. And there is growing pressure for a UN Security
:11:01. > :11:07.Council meeting to condemn the Syrian regime. Some countries are
:11:07. > :11:11.put off by the messy NATO operation in Libya. The Syrian people are
:11:11. > :11:17.paying the price for what is perceived as an end less
:11:17. > :11:24.intervention in Libya. China and Russia and these countries to say,
:11:24. > :11:30.we are not signing up again... The problem is that by refusing to act,
:11:30. > :11:33.they are allowing the massacres to continue. The upshot is that
:11:33. > :11:37.President Bashar al-Assad does not have to worry about international
:11:37. > :11:41.intervention. The diplomatic and economic pressures might have a
:11:41. > :11:46.cumulative effect, but that is in the wrong run. Four-and-a-half
:11:46. > :11:50.months on, -- the long run. Four- and-a-half months on, the uprising
:11:50. > :11:57.shows no sign of petering out, but the demise of this entrenched and
:11:57. > :12:01.ruthless regime is far from sure, and clearly, it is not imminent.
:12:01. > :12:05.Our correspondent is at the United Nations in New York, where an
:12:05. > :12:10.emergency meeting is under way. What are the options for the
:12:10. > :12:14.international community? Remember that the UN Security Council has
:12:14. > :12:18.been paralysed for weeks over Syria. Two months ago, Britain and its
:12:18. > :12:21.European partners tried to get the Council to condemn what is going on,
:12:21. > :12:26.but Russia and China, who are traditionally allies of Damascus,
:12:26. > :12:30.would not. They and other developing -- developing countries
:12:30. > :12:32.feared that condemning the violence could be a first step towards
:12:32. > :12:36.military intervention. That is what happened in Libya which they feel
:12:36. > :12:40.is a mess and they didn't want to go there. Now the violence has
:12:40. > :12:44.restarted, Britain and its allies are trying again to get the UN
:12:44. > :12:47.Security Council to condemn what is going on. British diplomats are
:12:47. > :12:52.hoping the mood has shifted tonight, they are pointing to the fact that
:12:52. > :12:56.Russia has strongly criticised his latest violence. The question is
:12:56. > :13:03.whether the UN Security Council can overcome its own divisions and try
:13:03. > :13:11.to act over Syria. In Egypt, troops have clashed with
:13:11. > :13:21.protesters camping out in Tahrir Square. The protest broke out after
:13:21. > :13:24.
:13:24. > :13:28.Britain's largest bank, HSBC has warned it could be shedding another
:13:28. > :13:33.25,000 jobs worldwide as it pulls from countries where it is struggle
:13:33. > :13:38.to compete, but for now, the bank is not planning many more job cuts
:13:38. > :13:43.beyond those it has announced. Today it announced surprise profits
:13:43. > :13:46.for the first half of the year, the first of a string of well-known
:13:46. > :13:51.High Street bangs to announce its earnings.
:13:51. > :13:55.Hment is BC may be coping with the crisis better than some, but it is
:13:55. > :14:01.still unpicking its old way of working, moving from 20 countries
:14:01. > :14:06.to save billions and boost earnings. HSBC made �7 billion, a figure that
:14:06. > :14:16.surprised the City and pushed up its shares.
:14:16. > :14:17.
:14:17. > :14:22.In UK, it made �843 million. With profits up a third.
:14:22. > :14:28.HSBC wants to be more effective and I efficient. To do more with less.
:14:28. > :14:30.That means less people, adding more technology, they have to make every
:14:30. > :14:34.transaction mean more than it did before.
:14:34. > :14:38.But the jobbings continue to go even though the bank is back in the
:14:38. > :14:42.black. The next round of redundancies to see 25,000 forced
:14:42. > :14:48.to leave over three years. That is one in ten of the existing global
:14:48. > :14:54.workforce. The staff in the UK will be relieved that for now, there is
:14:54. > :15:01.no new job losses alongside the 700 announced. The bank is building its
:15:01. > :15:07.business in Asia and Latin America. That strategy is producing higher
:15:07. > :15:11.pro-ities of the kind that Barclays, Lloyds and the Bank of Scotland may
:15:11. > :15:15.not match when they announce earnings, but with the banks blamed
:15:15. > :15:20.by many for the lending that brought financial chaos, are
:15:20. > :15:24.banking job losses that bad for the economy? Banks cutting jobs is a
:15:24. > :15:28.sign that business generally is at the top of what we call the
:15:28. > :15:32.business cycle, that is what the economists say for a cycle over the
:15:32. > :15:37.companies hiring and firing people. It is a bad sign to get to the top
:15:37. > :15:41.of that it suggests that company pro-ities are peaking. We have been
:15:41. > :15:46.counting on improving corporate pro-ities to keep the British
:15:46. > :15:53.economy motoring when public spending is reduced. HSBC adds it
:15:53. > :16:00.is on track to meet its promise to extend lending to smaller
:16:00. > :16:04.businesses, but it is a also a sign that it may take years for the bank
:16:04. > :16:11.earnings to fully recover. On the programme:
:16:11. > :16:16.COMMENTATOR: That is a bad... Sachin Tendulkar cannot stop
:16:16. > :16:20.England as they sweep India aside at Trent Bridge.
:16:20. > :16:25.Alcoholic liver disease in the under 30s has risen by a half in
:16:25. > :16:29.ten years according to figures. Doctors are warning of the impact
:16:29. > :16:33.of alcohol on young people's health after the findings suggest that a
:16:33. > :16:38.quarter of the population drinks too much. Richard Bilton had been
:16:38. > :16:46.given rare access to patients and staff at one hospital.
:16:46. > :16:50.This is Victoria. She is 35. She is yellow as her liver is failing.
:16:50. > :16:58.You just are selfish through drink. As long as you are OK.
:16:58. > :17:04.You just don't care. You're just ruined by a substance
:17:04. > :17:07.that I pour into my body. She's in Liverpool's Royal Hospital,
:17:07. > :17:13.pail Richardson is her doctor. He is worried about her condition.
:17:13. > :17:18.He decides to take Victoria's mum for a chat.
:17:18. > :17:28.Off camera, she is told that her daughter is getting worse. She may
:17:28. > :17:34.
:17:34. > :17:38.There have been better days. Victoria has two young children and
:17:38. > :17:44.her own home, but her mother says that the drink has never been far
:17:44. > :17:48.away. When she was 16 she started lying,
:17:48. > :17:54.saying she had not had a drink but you could smell it on her.
:17:54. > :17:57.Her doctor says that they see more and more young people with alcohol
:17:57. > :18:03.re-lated disease. Those running the hospitals are concerned.
:18:03. > :18:07.We are seeing people as young as in their 20s dying of alcoholic liver
:18:07. > :18:12.disease. Now that was not seen 30 years ago.
:18:12. > :18:16.Overall, alcohol consumption is falling, but in our hospitals,
:18:16. > :18:20.alcohol re-lated admissions continue to soar. Last year for the
:18:20. > :18:24.first time there were more than 1 million. Alcohol admissions have
:18:24. > :18:28.doubled in a decade. Here they say it is no longer just
:18:28. > :18:35.A&E, alcohol is an issue in every ward.
:18:35. > :18:40.Nationally, the health campaigners want controls on pricing, marketing
:18:40. > :18:43.and the availability of alcohol. They say that the drinks industry
:18:43. > :18:48.has too much of a hold on government policy.
:18:48. > :18:54.It is costing the health service about �2.7 billion a year. About 9
:18:54. > :19:00.million people are affected by the harm that alle alcohol causes it is
:19:00. > :19:04.a big problem. Back in Liverpool, a week on and Victoria's made a
:19:04. > :19:07.strong recovery. She is out of danger, but liver disease is now
:19:07. > :19:15.the country's fifth biggest killer. What used to kill the old is
:19:15. > :19:19.threatening the young. Nurse Rbeecca Leighton has appeared
:19:20. > :19:23.in court in relation to the deaths of a number of patients in Stepping
:19:23. > :19:27.Hill Hospital in Stockport. She appeared by video link and spoke
:19:27. > :19:35.only to confirm her name. Rbeecca Leighton is charged with three
:19:35. > :19:40.counts of criminal damage with intent to endanger life and also
:19:40. > :19:45.three other charges. Jim Devine has been released from prison after
:19:45. > :19:52.serving a quarter of his 16-month sentence for expenses fraud. He was
:19:52. > :20:00.jailed for putting in for false invoices of more than �8,000.
:20:00. > :20:04.Jake Davis a member of the Annonymous was arrested by the e-
:20:04. > :20:09.crime unit. Jake Davis has been released on bail.
:20:09. > :20:14.A memorial has taken place in the Norwegian Parliament to commemorate
:20:14. > :20:17.those who died in the bombings and the shootings ten days ago.
:20:17. > :20:22.Norway's Prime Minister warned against the danger of a witch hunt
:20:22. > :20:27.after the deaths of 77 people, most of them teenagers, saying that all
:20:27. > :20:33.of us have something to learn. A shrine to the fallen.
:20:33. > :20:40.So many flowers and candles surround Oslo's cathedral, that
:20:40. > :20:44.other memials have sprung up around Norway's capital.
:20:44. > :20:54.-- memorials. Today at the country's Parliament,
:20:54. > :20:55.
:20:55. > :20:58.politics was put aside as the king and the Crown Prince led a memorial.
:20:58. > :21:04.As relatives of some of those when died watched on, the Prime Minister
:21:04. > :21:09.said that all of Norway had lessons to learn.
:21:09. > :21:14.TRANSLATION: I ask from this podium that we do not start a wif hunt.
:21:14. > :21:21.The unity we have shown during the unreal days calls for continued
:21:21. > :21:27.generosity. We all have something to learn from the tragedies.
:21:27. > :21:37.It was, perhaps, the most unusual meeting in the Parliament's 197-
:21:37. > :21:38.
:21:38. > :21:42.year history. The McOf Norwegian violinist Arve Telleson being
:21:42. > :21:46.played. At the scene of the bomb attack the
:21:46. > :21:52.workers were told to extend holidays until the clear up is
:21:52. > :21:55.complete. Some BBC journalists are taking
:21:55. > :22:00.part in a second 24 hour strike. Members of the International
:22:00. > :22:04.Consortium Of Investigative Journalists walked out in a dispute
:22:04. > :22:08.over compulsory redundancies. At heart of the strike job losses at
:22:08. > :22:15.Bush House, headquarters of the BBC's World Service brought on by
:22:15. > :22:20.cuts in Government funding. Out of 400 closures, 100 are being made
:22:20. > :22:25.forible redundant. Here at the BBC's monitoring centre and the
:22:25. > :22:29.Caversham. 43 of them left the BBC today. Journalists across the
:22:29. > :22:33.country walked out at midnight. The union arguing that the BBC is big
:22:33. > :22:38.enough to find jobs for all of those made redundant.
:22:38. > :22:42.The BBC is being intransigent and treating individual members of
:22:42. > :22:47.staff unfairly, forcing them out, sacrificing livelihoods when we
:22:47. > :22:52.know there are jobs to be had within the BBC that they could have
:22:52. > :22:56.been redeployed into. There are changes to the schedule
:22:56. > :23:00.today... As managers and non- striking staff put out a reduced
:23:00. > :23:04.news service, the BBC insisted that its position will not change.
:23:04. > :23:09.The reality is that like many or organisations facing this level of
:23:09. > :23:13.cut, it is not possible to absorb all of those people in the rest of
:23:13. > :23:16.the organisation. But journalists on the picture duty
:23:16. > :23:21.around the country have other worries. The licence fee is frozen,
:23:21. > :23:26.the BBC is looking for deep cuts to keep itself afloat over six years.
:23:26. > :23:30.That means that hundreds more jobs are likely to go.
:23:30. > :23:36.In cricket, England have won the second Test against India in
:23:36. > :23:41.convincing style in front of a packed house at Trent Bridge. The
:23:41. > :23:46.bats pen reached 544 all out. Tim Bresnan taking five wickets.
:23:46. > :23:51.They now have a 2-0 lead in the series.
:23:51. > :23:57.It is the series that keeps on giving. Fans missing work knew that
:23:57. > :24:03.they would not be disappointed. England with Tim Bresnan were in
:24:03. > :24:07.full flow from the off, boundary after boundary was hit. He and
:24:07. > :24:12.Stuart Broad bullied the Indian attack. Piling on the misery and
:24:12. > :24:18.the runs as the pair set a target and then decided to terrorise them
:24:18. > :24:25.with the ball. Stuart Broad got the early wicket. Rahul Dravid gone,
:24:25. > :24:30.the celebrations said it all. They were soon rejoicing again, VVS
:24:30. > :24:40.Laxman's remove by Jimmy Anderson. India were running out of ideas.
:24:40. > :24:47.
:24:47. > :24:51.Bats were used in self-defence. Fewile work from Yuvraj Singh.
:24:51. > :24:58.Then Scott Elstone waved the white flag. Only Sachin Tendulkar showed
:24:58. > :25:07.staying power getting his 50, but once he was gone, the contest was
:25:07. > :25:12.over. Late flourbishes included Tim Bresnan -- fourishes included Tim
:25:12. > :25:16.Bresnan getting a hall. And the Yorkshireman was allowed to
:25:16. > :25:22.bask in the moment and England controlled the series.
:25:22. > :25:26.We have had to dig deep in this treft. We have not -- Test, we have
:25:26. > :25:32.not had it all our own way. In a situation like this what you
:25:32. > :25:36.want to do as a team is to be at your best. Here we have not been
:25:36. > :25:40.able to do that. That is the major difference between the two sides.
:25:41. > :25:46.We are hoping we have time to regroup before the next Test Match.