27/10/2011 BBC News at Ten

Global markets surge after Europe's leaders pull the single currency

back from the brink and strike a deal. Share prices rise again but

many details of the plan to solve the eurozone debt crisis remain

unresolved. It is very important to keep up the momentum, to keep

people's confidence. That is the critical thing, so, yes, this is

something the British Government has worked hard to encourage, and

we certainly hope it works. Tonight the French President claims

the deal's prevented catastrophe but says Greece shouldn't have been

allowed to join the euro. We'll be assessing whether the deal

will work and what it means here. Also tonight:

Serial killer Robert Black's found guilty of the murder of a nine-

year-old girl 30 years ago. Her family say they're relieved it's

finally over. And all of a sudden we are confronted with the awful

last few hours and what she had to suffer. And that has been truly

awful for each and every one of us. Thousands flee Thailand's capital

as the worst floodwaters for decades threaten to engulf the

centre of Bangkok. A senior cleric at St Paul's

resigns in a row over how the church should deal with anti-

capitalist protestors camped outside the cathedral. My red line

on the issue was that I do not believe the Church should sanction

any course of action that could lead to violence against the

protesters. I would prefer that to be negotiated.

And the gene therapy that could stop people going blind.

Coming up in Sportsday, a blow for Chelsea in their bid to buy back

Stamford Bridge and move to a new stadium. The Chelsea Pitch owners

Good evening. The French President Nicolas

Sarkozy says it is a plan that has saved the world from catastrophe

and markets have surged following the deal to contain the Eurozone

debt crisis. It's hoped the agreement, reached by the leaders

of the 17 eurozone countries, will be enough to prevent the collapse

of the euro and ensure that Europe isn't pushed back into recession.

But already a fresh argument has broken out tonight after President

Sarkozy declared that Greece should never have been allowed to join the

eurozone. From Brussels, Gavin Hewitt reports.

Financial markets across the world rose today, following the news that

Europe's leaders had agreed a plan to fix the eurozone crisis. They

did not get all of the detail they were looking for but what they

heard exceeded expectations, and has bought Europe time to deliver

on commitments made. Last night at 4am, with people slumped at their

desks, Europe's two most powerful leaders stepped into the spotlight.

TRANSLATION: I am very aware, as we all are, that the world was

watching us closely tonight and I think that we Europeans proved that

we came to the right conclusion. think the result will be welcomed

by the entire world, which was expecting strong decisions from the

eurozone. I think these decisions have been taken. Away from the

summit, others were more cautious, spying progress but seeing the

outcome has just a first step. are in a much better position to

Deighan we were yesterday. It is very important to keep up the

momentum, to keep people's confidence. That is the critical

thing. This is something the British government has worked hard

to encourage, and we certainly hope it works a. So what was in the

deal? Banks that have invested in Greece will take losses of up to

50%, so reducing Greek debt. This will mean Europe's banks will need

to raise more capital of around 108 billion euros. And the EU's main

bail out fund will be boosted up to one trillion euros to protect

countries like Italy. The Greek Prime Minister, George Papandreou,

returned home and so the deal would help to turn a page for his country.

TRANSLATION: This is a fight that we have to win. It is clear that

our colleagues in the European Union recognise our efforts and

they want our success. They also support us. President Sarkozy of

France also went on TV tonight, but he said it had been an error to

admit Greece to the eurozone in the first place. Let's say how it is,

he said, it was a mistake, Greece was not ready to join the euro when

it did because of its economy. President Sarkozy also said,

however, that he was confident the country could emerge from its debt

crisis. Not everyone is persuaded by last night's deal. A lot of

detail is missing and some of the key elements in increasing the

firepower of the main bail out fund will not even be negotiated until

November. They have stopped the Euro from collapsing today, even

perhaps tomorrow, but they definitely have not saved the euro.

We are still in the thick of trouble. We are not out of the

woods and we are not going to be for a number of years to come.

night's most sensitive decisions were taken here by just the

eurozone leaders. Britain, not being in the Euro, was not

represented, and it raises questions of whether there will now

be a two-tier Europe, insiders and outsiders.

As Gavin was saying, there are still doubts as to whether the

agreement signed by the eurozone countries will work in the long-

term. Hugh Pym is here to look at the details and the implications

for the UK. There may be an agreement on

tackling the eurozone crisis, but there are still many unanswered

questions. First of all, what's the detail? As you've heard, 50% of

Greek debt owed to private investors like banks will be

written off. Even after that Greek government debt will still be the

highest in the eurozone relative to the size of its economy. It still

needs individual bank approval, though the signs are that shouldn't

be a problem. Most, if not all of the banks have agreed as to the 50%

write-down on Greek debt holding. So that is one part of the

announcement this morning that, from our perspective and certainly

from the perspective of the markets, was clear. There is a lot more

detail to come on another key bit of the package, the one trillion

euros bail out fund. The idea is to take existing agreed eurozone

funding and encourage other investors to come on board. But it

is unclear who exactly will pay for There will be calls on the

financial might of Chinese authorities. A senior European

official is in Beijing for talks on China hoping to finance the bail

out fund. There could also be an insurance type scheme covering

future losses on loans to eurozone governments, the aim being to

reassure private investors. And of course, another key question for

all of us - what might the cost be to the UK? There will be nothing on

this eurozone bail out - the UK is not involved - but the Government

has already given loan guarantees to an EU-wide bail out fund, and

there is also a British contribution to the International

Monetary Fund, which has made loans to stricken eurozone countries. It

could well make more in future, as the Chancellor conceded today.

Britain, as a founding and permanent member of its governing

board, stands ready to consider the case for further resources and to

contribute with other countries if necessary. Let us remember that

support for the IMF does not add to our debt or deficit, and that no

one who has ever provided money to the IMF has ever lost that money.

Perhaps the biggest question is, will it work? We do not know if the

size of the bail out fund is enough and whether it will provide

sufficient firepower, and we do not know if it will help economic

growth, especially at a time when eurozone leaders want to have

tougher central controls on budgets. There is nothing they can deliver

to us overnight in a summit that could make us say, absolutely,

these economies are on a sustainable path. We need to see

whether, politically, this austerity can be delivered, and how

the economies react in the face of European stock markets have risen

sharply in reaction to the agreement. Bank shares got a real

boost, but as we've seen all too often, moods can shift quickly on

eurozone bail out deals. Gavin Hewitt is in Brussels. Relief

for European leaders today, but what about the Commons that

President Sarkozy has made tonight about Greece? Yes, it has been a

day of progress but also a day that has revealed how sensitive all of

this is, with President Sarkozy same tonight that Greece should

never have joined the eurozone in the first place. The Greek Foreign

Minister replied by saying that no country should be made a scapegoat.

But what President Sarkozy was trying to say was that they had no

alternative to avoid a Greek default, otherwise, he said, it

would have brought about a domino effect and would have been a

catastrophe. He actually said, if the euro had exploded, Europe would

have exploded. He said it could have brought down the entire system

in Europe. I think this gives an insight into the drama at play here,

and the fact that, clearly, when they were meeting last night, they

felt those were the stakes. I think what President Sarkozy was

underlining tonight was that there is now an absolute commitment to

avoid Greece defaulting. Where does this deal leave David Cameron and

his party's relationship with Europe? The Government certainly

believes the eurozone countries are moving towards sorting out their

economic difficulties but the eurozone crisis is causing

political difficulties for the Prime Minister. Downing Street

officials are emphasising that they believe this deal to bolster the

euro will lead to only limited changes to EU treaties. To

translate that into plain speaking, that means they see absolutely no

need for any referendum on our relationship with the EU any time

soon, which is already disappointing many of the 81

Conservative backbenchers who rebelled against the Government on

Europe this week. They say that even if only limited treaty changes

are necessary, the Government should use that to rest powers back

from Brussels to Britain. Some of them say they will drop their own

list of measures which they demand David Cameron demands to return to

Britain. In a few hours, David Cameron will be touching down in

Australia but he cannot leave behind some of the problems he has

with his party over Europe. The notorious child killer Robert

Black, who's already serving life in prison for the murders of three

young girls in the 1980s, has been found guilty of killing a fourth

victim in Northern Ireland. Nine- year-old Jennifer Cardy went

missing in County Antrim. Her body was found six days later. Mark

Simpson reports. Is one of the most notorious

killers in British criminal history, and to Dave Robert Black was

convicted of another murder of a young girl. -- today. Nine-year-old

Jennifer Cardy disappear 30 years ago as she rode her bicycle to her

friend's house. -- she disappeared. As the years went on, hopes faded

of finding her killer, but the case was recently reopened, and the

evidence all pointed to one man, Robert Black. Today, he was found

guilty of murdering Jennifer Cardy. Her parents were in court for every

day of the five week trial. All of a sudden we are concerned Tidworth

-- confronted with the awful last few hours and what she would have

had to suffer. That has been truly awful for each and every one of us.

I do not think, being realistic and honest, I do not think we will ever

have closure, because our daughter has gone. But we have the relief of

knowing that the perpetrator of this gruesome, horrible crime has

been brought to justice. Robert Black was convicted in 1994 or

three other murders. The victims of the Scottish van driver were all

schoolgirls. 11-year-old Susan Maxwell from Northumberland, five-

year-old Caroline Hogg from Edinburgh, and a ten-year-old

Sarah-Jane Harper from Leeds. The killing in Northern Ireland came

first, in the summer of 1981. Jennifer Cardy was found dead, 10

miles from her home. Robert Black brought the schoolgirl's body here

in the back of his van, and because he was a long-distance driver he

was constantly on the move right across the UK. It is one of the

reasons why it took the police so long to catch him. He was

eventually arrested while attacking another schoolgirl. According to

one detective who interviewed him, he is arguably Britain's most

dangerous criminal. He is a child molester, on one level, but an

aggressive predatory paedophile on another, and I think unique in the

history of serious offending against children in the UK. Robert

Black is now serving life for four murders. He has never admitted any

of his killings, and the suspicion remains that the full horror of his

The United Nations Security Council has voted to end international

military operations in Libya next Monday. During a seven-month

campaign established to protect civilians from Colonel Gaddafi's

forces, the Alliance carried out 26,000 sorties and almost 10,000

strike missions. In Thailand, thousands of residents

are fleeing the capital, Bangkok, which is being threatened by severe

flooding over the weekend. So far, 360 people have died in Thailand's

worst floods in decades. 9 million people live in Bangkok but

thousands have already left the northern suburbs as the deluge

swamped their homes. As you can see from the satellite image, the city

centre is almost completely surrounded by water.

Street by street, the water is winning the battle for control of

Bangkok's northern suburbs. Advancing further every day,

torrents of it. A middle-class neighbourhood is rapidly being

submerged. This woman has just watched her street disappear under

the deluge. Water is at the waist, but inside, it is up to my chest.

The water is coming higher all the time? Yes. Most take with them only

what they can carry, valuable possessions and treasured pets.

There is no panic, but a very definite sense of urgency, tinged

with disbelief. The government had originally said Bangkok would be

protected. There are no such assurances any more. This is just

the latest district of Bangkok that has been told to evacuate with each

passing day, more areas of the capital city are put on a lead. Now

the government says there is no part of Bangkok that it can

guarantee will be safe. TRANSLATION: We are trying our best.

An emotional Prime Minister it tells reporters. Just two months

into the job, she finds herself struggling to manage a national

crisis. In the centre of the city, things much as normal, apart from

the sandbag flood defences, and new warnings from foreign governments,

including Britain: avoid Bangkok if you can. Our assessment is not

alarmist but practical and realistic. If things improve, we

will adjust our assessments accordingly. If things get worse,

we will take that into account. the St -- the signs are not

encouraging. Market traders in the old quarter of Bangkok kept going

as long as they could. But few customers are prepared to wade to

their stalls. Little point in hanging on to watch the water's

relentless rise. Those who can are getting out of town. Confidence has

ebbed away. Complacency, drowned in Coming up, the lawyer undergoing

pioneering gene therapy surgery that could cure many types of

degenerative blindness. The judge turned to me and snapped,

can't you read, Mr Wyatt? I then decided it was time to put my wick

A senior clergyman at St Paul's Cathedral has resigned following a

row over the way anti-capitalist protesters who are camped outside

are being treated. The Canon Chancellor Dr Charles Fraser told

the BBC he could not accept the use of force to remove the

demonstrators. After a stand-off or almost two

weeks, protesters and the Church have been asking themselves

fundamental questions about how best to serve the poor and

marginalised. The cathedral's first instinct was to give the campaign

this century. Now it could join in legal action to evict them. Giles

Fraser joined colleagues in calling on the protesters to leave, but he

could not accept the use of force. He believes the spectacle of

protesters being physically removed would undermine the Church's

preference for the needy over the ridge. I think the Church should

stand for the oppressed and the poor. My red line on this issue is

I don't believe the Church should sanction any course of action that

could lead to violence against the protesters. Occupy London didn't

choose the soft target of St Paul's. Their sights were set on the

neighbouring London Stock Exchange, but they were turned away by the

police. When officers advanced on protesters outside the cathedral,

Giles Fraser asked them to back off. He explained his action at the time.

We are very happy for people to exercise their right peacefully to

protest, and that is what they are Where is the church? Out here in

these tents or in that MT pile of stones? Jesus was a socialist and

he would not have wanted capitalism to be carried on in the way that it

is. The Bishop of London said it would be a tragedy if Charles

Fraser's voice were lost to the church, but he insisted the camp

undermined the cathedral's own efforts to work for social justice.

The continued existence of the campsite will make it very

difficult to involve some of the major City players in the kind of

dialogue and debate which I see as being able to move the thing Ford.

This has become a distraction. -- the thing for it. This is what Dr

Fraser fears could happen. In America in the last two days, a

number of similar protests have ended in violence. A path to the

main entrance and the cafe has been cleared of tents and St Paul's will

reopen tomorrow, with a special lunch time servers. The cathedral's

reputation has been bruised by the way it has handled this occupation,

and Giles Fraser's resignation will make it all the harder to use force

to end it. A man has been pulled alive from

the rubble of a collapsed building, more than four days after a

powerful earthquake hit eastern Turkey. Rescuers cheered as the 18-

year-old university student was carried out of the debris, but hope

is running out of finding any more survivors. The death toll has now

risen to over 520. The Somali militant group Al-Shabab,

linked to the killing of -- kidnapping of tourists and aid

workers, has vowed to carry out more attacks on Kenya. Today, four

people were killed in the third grenade attack this week. Kenya has

sent hundreds of troops into Somalia to attack the group, which

There is a queasy sense of dread on the streets of Nairobi, the city,

braced for trouble. Already this week, two grenade attacks and today,

a rocket attack in northern Kenya. The authorities, struggling to

reassure the public and foreign tourists. We have enough men, we

have enough capacity to secure Kenyans. Not only Kenyon's

including those visitors who wish to come to Kenya. Here is why a

Kenya may be in danger, its army has stormed across the border. It

-- chasing Al-Shabab, a group linked to Kenya. No one is sure how

far the Kenyans will go. It could make the famine in Somalia even

worse. Al-Shabab have lost some territory recently, but today, they

vowed to retaliate inside Kenya and they are still could double in --

of devastating terrorist attacks and ambitious. -- and ambushes. The

danger is that you are being lured into a trap? I don't think so. If

we were in a trap, something negative would have happened to our

forces. I believe we are very positive, moving positively and

capturing those hideouts. In Kenya, the authorities are claiming

progress. An arms cache, a la -- allegedly linked to Somali

militants, discovered here. But as the security clampdown continues,

there is growing concern about the impact of all this on the region's

biggest economy. Three years, Kenya has managed to keep the anarchy in

Somalia more or less at arm's length. But that has just changed

abruptly. By invading its neighbour, Kenya has taken a very big, very

risky gamble. In Nairobi, the Kenya made a mistake? Yeah, I think

so. But for now, Kenya's army is pushing on, deeper into the chaos

of Somalia. With no exit strategy inside. -- in sight.

Researchers in Oxford are developing a genetic therapy, which

they hope could eventually stop people going blind. They have

treated a man in his 60s, who is on the verge of losing his sight. If

the new technique works, the gene therapy could transform the lives

of thousands of people in years to Jonathan Wyatt is going blind. He

can just about see enough to work from home. But 10 years ago, he was

a successful courtroom barrister. He had to abandon his job because

he began making mistakes. The worst occasion was when I was reading out

a statement to the court, and I made a mistake. The judge turned to

me and snapped, can't you read, Mr Wyatt? I then decided it was time

to put my weight down and leave advocacy. -- wig down. Have you any

specific questions? Jonathan is lose in his side because of a

faulty gene. -- Jonathan is losing his sight. Is the first in the

world to take part in an experimental operation which aims

to replace the faulty gene with a working one. What we hope is that I

put in the gene back into the cells, we can stop further degeneration

and preserve the vision that he already has. In Jonathan's case,

because of a faulty gene, sells at the back of the I have been dying,

leaving only the ones in the middle. Doctors hope to stop further

degeneration by inserting a new working copies of the faulty gene.

Jonathan's operation is just about to begin. There is a bit of tension

in the air because it is incredibly precise and delicate procedure. One

small slip and is written a good tear, and attempts to save his life

will have -- his retina could tear and the attempt to save his side

will have failed. The procedure has never been carried out before -- to

save his sight. Now the riskiest part, as the needle is inserted by

a foot operated control. Has the operation been successful? It went

very well indeed, absolutely no problems. So far, so good question

Jonathan claims he can already see better. But it is far too soon to

be sure whether it is a real, lasting effect. Scientists believe