:00:04. > :00:11.Air raid sirens sound in the Israeli city of Tel Aviv for the
:00:11. > :00:13.first time in more than two decades. $WHITE Palestinian militants fire
:00:13. > :00:22.rockets at Israel's commercial capital, sending residents
:00:22. > :00:26.scurrying for cover. In Gaza, funerals for some of the
:00:26. > :00:29.15 Palestinians who've died in the escalating violence.
:00:29. > :00:33.As Israel moves more troops towards the border, we'll be asking how
:00:33. > :00:36.serious this latest development is. Also tonight:
:00:36. > :00:39.The former Radio 1 DJ Dave Lee Travis is bailed following his
:00:39. > :00:42.arrest on suspicion of sexual offences.
:00:42. > :00:46.The BBC has agreed to pay Lord McAlpine �185,000 after Newsnight
:00:46. > :00:56.led to him wrongly being accused of child abuse. He says he's been left
:00:56. > :01:01.
:01:01. > :01:05.shattered. It gets into your soul. And you just think there's
:01:05. > :01:07.something wrong with the world. The British oil giant BP receives
:01:07. > :01:16.the biggest criminal penalty in American history for the Deepwater
:01:16. > :01:23.Horizon disaster two years ago. And I am in Beijing. China unveils
:01:23. > :01:26.the President who will run this superpower for the next 10 years.
:01:26. > :01:30.Xi Jinping takes centre-stage. He will govern over 1 billion people
:01:30. > :01:35.and is the man the West will have to deal with. And we meet China's
:01:35. > :01:41.richest person, worth up to $20 billion, but now he is warning
:01:41. > :01:43.In Sportsday: Graeme Swann becomes England's most
:01:43. > :01:53.successful off-spinner, despite his side struggling against India in
:01:53. > :02:09.
:02:09. > :02:12.Good evening. Air raid sirens have sounded in the
:02:12. > :02:15.Israeli city of Tel Aviv for the first time since 1991, after
:02:15. > :02:19.rockets were fired at the city by Palestinian militants. Two rockets
:02:19. > :02:23.landed south of the city but there were no reports of casualties. This
:02:23. > :02:26.morning, three Israelis were killed in the south of the country in a
:02:26. > :02:30.separate attack. In Gaza, funerals have been held for the 15 people
:02:30. > :02:33.who've died since Israel killed the military leader of Hamas yesterday.
:02:33. > :02:43.Tonight, amid fears of a ground assault, Israeli troops are being
:02:43. > :02:49.moved towards the border with Gaza. From there, Wyre Davies reports.
:02:49. > :02:53.Tonight, sirens sounded across Tel- Aviv. Israel's commercial capital
:02:53. > :02:58.and most populous city, now a target for the rockets being fired
:02:58. > :03:01.by militants in Gaza. People took over where they could. One rocket
:03:02. > :03:05.reportedly landed but there were no casualties. Another fell into the
:03:05. > :03:09.sea. TRANSLATION: I saw a flash of light
:03:09. > :03:14.in the direction of the rubbish tip in Jaffa, two kilometres in the
:03:14. > :03:18.direction of the sea. There was an explosion and a rocket landed in
:03:18. > :03:26.the sea. Targeting Tel-Aviv marks a significant escalation of this
:03:26. > :03:30.growing conflict. The body of Ahmed al-Jabari, the man held responsible
:03:30. > :03:34.by Israel for launching hundreds of rockets from Gaza. Israel had tried
:03:34. > :03:39.to kill him many times before, and yesterday they succeeded. At his
:03:39. > :03:43.funeral in Gaza City today, the shrouded body of Hamas' military
:03:43. > :03:47.commander was carried through the streets by a noisy and passionate
:03:47. > :03:52.crowd. These men are angry, determined to avenge the
:03:52. > :03:56.assassination of Ahmed al-Jabari. Israel has already threatened all
:03:56. > :04:01.Hamas operatives, junior and senior, to keep their heads down in coming
:04:01. > :04:05.days. The senior men are nowhere to be seen, but already today the
:04:05. > :04:10.militants have fired hundreds of rockets into Israel. Renewed
:04:10. > :04:18.attacks which Hamas today sought to justify it.
:04:18. > :04:24.TRANSLATION: It is the occupation it does not have the will or the
:04:24. > :04:27.decision to end it, and it will pay the price. If this is Israel's
:04:27. > :04:34.vaunted Iron Dome defence system, but it could not cope with the
:04:34. > :04:40.sheer number of rockets. Dozens got through. Two women and a man were
:04:40. > :04:45.killed when their house, just a few miles north of Gaza, got it.
:04:46. > :04:49.Israel's Prime Minister accused Hamas of committing war crimes.
:04:49. > :04:52.This is why my government has instructed the Israeli Defence
:04:52. > :04:57.Force to conduct surgical strikes against the terrorist
:04:57. > :05:02.infrastructure in Gaza. And this is why Israel will continue to take
:05:02. > :05:07.whatever action is necessary to defend our people. And this is what
:05:07. > :05:12.the Israelis call a surgical strike. An underground Hamas launching site,
:05:12. > :05:16.taken out with pinpoint accuracy. But Israel has been accused of
:05:16. > :05:20.killing innocents, too. 11 months old Omar died from horrific burns
:05:20. > :05:25.when what his father says was an Israeli shell came crashing through
:05:25. > :05:31.the roof of their home. Her father, a colleague of the BBC in Gaza,
:05:31. > :05:36.insists there were no militants or missile sites in the area. We are
:05:36. > :05:42.civilians. Around our house, all of them civilians. We do not know
:05:42. > :05:46.anyone who is fighting, who is in anything, who does anything. No one
:05:46. > :05:49.is firing. Egypt is tonight reported to be trying to arrange a
:05:50. > :05:56.truce. If that comes to nought, there are concerns the conflict
:05:56. > :06:00.could escalate and more civilians on both sides will suffer.
:06:00. > :06:06.Jeremy Bowen is with me now. Israel are moving troops towards the
:06:06. > :06:09.border. Are their fears of a ground assault? Well, it is an option they
:06:09. > :06:13.have and it might even be a plant. It is the kind of thing they have
:06:13. > :06:16.done in the past and they have talked about it, too. There have
:06:16. > :06:20.been some big hints dropped by people, statements even that they
:06:20. > :06:24.might do it, so it is definitely possible. The message coming into
:06:25. > :06:30.Israel, and also to Hamas, from the outside world is to stop this whole
:06:30. > :06:34.process getting worse. Escalation could be driven either by a plan,
:06:34. > :06:38.in other words, in their lead, or send more rockets towards Tel Aviv,
:06:38. > :06:41.or it could be driven by a casualties, and that is when it
:06:41. > :06:45.gets out of control. If there is a particularly big attack on either
:06:45. > :06:50.side, they want to do something about it and responded in the way
:06:51. > :06:54.that they want. We heard about Egypt try to get a ceasefire. The
:06:54. > :06:59.Egyptian Prime Minister is due into Gaza. That is quite a clever move,
:06:59. > :07:04.perhaps, by the Egyptian President, wanting to show some support, but
:07:04. > :07:09.it is fairly low risk for him, for the President, politically speaking.
:07:09. > :07:12.I think the message they will send to the Palestinians in Hamas is
:07:12. > :07:16.that you won not alone here. That is something they will find
:07:16. > :07:22.comforting but will maybe also strengthen their desire. -- the
:07:22. > :07:25.message is that you are not alone. The former Radio one DJ Dave Lee
:07:26. > :07:28.Travis has been bailed following his arrest on suspicion of sexual
:07:28. > :07:31.offences. The 67-year-old was detained at his home in
:07:31. > :07:34.Buckinghamshire this morning by detectives from a Scotland Yard
:07:34. > :07:37.unit set up in the wake of the Jimmy Savile scandal. But police
:07:37. > :07:45.say the allegations don't relate directly to Savile. Luisa Baldini's
:07:45. > :07:51.report contains flash photography. What a good way to start off the
:07:51. > :07:55.final half-hour... For nearly three decades, Dave Lee Travis was a star
:07:55. > :08:02.of BBC Radio One. He worked across the station's output, including the
:08:02. > :08:06.Breakfast Show, and also hosted a programme on the BBC World Service.
:08:06. > :08:11.And Burmese pro-democracy leader Aung San Suu Kyi asked to meet him,
:08:11. > :08:15.saying the show had given her a lifeline. The 67-year-old was
:08:15. > :08:19.arrested here at his home in Buckinghamshire at 7:45am. The
:08:19. > :08:23.police say the allegations against him do not directly involved Jimmy
:08:24. > :08:29.Savile, but they come under the wider scope of their investigation
:08:29. > :08:33.involving adults. Dave Lee Travis has previously denied newspaper
:08:33. > :08:37.allegations against him. Police launched an investigation when
:08:37. > :08:44.alleged victims started contacting them after Jimmy Savile's crimes
:08:44. > :08:47.were exposed by an ITV documentary. Dave Lee Travis is the 4th arrest
:08:47. > :08:50.prompted by Operation Yewtree, which is looking into offences
:08:50. > :08:55.relating to children and adults. Gary Glitter, comedian Freddie
:08:55. > :09:01.Starr, and Jimmy Savile's former producer, Wilfred De'Ath, have all
:09:01. > :09:07.been questioned. Today, detectives revealed they have identified 450
:09:07. > :09:11.potential victims, an increase of 150 in the past three weeks. Mr
:09:11. > :09:16.Travis returns to his home this evening after being bailed until
:09:16. > :09:18.January pending further inquiries. The BBC has reached a settlement
:09:18. > :09:22.with the Conservative peer Lord McAlpine, after a Newsnight report
:09:22. > :09:27.resulted in him being wrongly accused of child abuse. He's being
:09:27. > :09:30.paid �185,000 in damages. His lawyers have warned that legal
:09:30. > :09:33.action is also being prepared against ITV's This Morning
:09:33. > :09:38.programme, as well as a lengthy list of individuals who identified
:09:38. > :09:47.Lord McAlpine on Twitter, adding it would cost them "a lot of money".
:09:48. > :09:51.Here's Mark Easton. It was in the BBC's own words and
:09:51. > :09:56.unacceptable failure that has already cost the corporation the
:09:56. > :10:00.Director-General and now �185,000 plus costs. That will be the sum
:10:00. > :10:02.handed over to Lord McAlpine in an out-of-court settlement following a
:10:03. > :10:12.Newsnight report that led to him being wrongly accused of being a
:10:12. > :10:16.child abuser. It gets into your bones. It makes you angry. And that
:10:16. > :10:19.is extremely bad for you, to be angry. Newsnight never named Lord
:10:19. > :10:22.McAlpine but that was who they were understood to mean, and their
:10:22. > :10:25.reference to a former senior Conservatives saw frenzied
:10:25. > :10:29.speculation on Twitter and elsewhere on the internet.
:10:29. > :10:33.Disciplinary proceedings have begun after an internal BBC report found
:10:33. > :10:37.the programme had failed to carry out basic journalistic checks, like
:10:37. > :10:42.putting the claim to Lord McAlpine. Of course they should have called
:10:42. > :10:48.me. And I would have told them exactly what they learnt later on.
:10:48. > :10:53.What was that? That it was complete rubbish. The media regulator Ofcom
:10:53. > :10:56.is investigating Newsnight and ITV's This Morning, after presenter
:10:56. > :11:00.Phillip Schofield showed the Prime Minister a list of alleged
:11:00. > :11:05.paedophiles he had found on line. It is understood Mr Schofield has
:11:05. > :11:10.since been disciplined by ITV but will remain on air. Lord McAlpine's
:11:10. > :11:18.lawyers are also looking to those they believe spread that cilia on
:11:18. > :11:21.Twitter. We know who you wire and the extent of what you have done.
:11:21. > :11:25.It is easier to come forward and see us and apologise and arranged
:11:25. > :11:29.to settle with us. A couple of days after the Newsnight programme the
:11:29. > :11:33.wife of the House of Commons Speaker, Sally Bercow, tweeted, why
:11:33. > :11:37.is Lord McAlpine trending, innocent face. She subsequently apologised
:11:37. > :11:41.on to to for the comment. With almost 60,000 comments, --
:11:41. > :11:48.followers, a tweets light that can gain the same circulation as a
:11:48. > :11:51.popular magazine. Before social media, had the BBC Broadcast News
:11:51. > :11:54.night, only a small number of people would have known that the
:11:54. > :11:57.person they were really talking about was Lord McAlpine. Probably
:11:57. > :12:01.only a tiny handful. But because Twitter makes it possible for
:12:02. > :12:07.hundreds of thousands of people to know, it means you have to be
:12:07. > :12:11.careful about identification issues in the way that you did not have to
:12:11. > :12:14.be in the old days. It is understood the BBC and
:12:14. > :12:18.representatives for Lord McAlpine will read statements in court in
:12:18. > :12:24.the next few days. The BBC will make a full apology and Lord
:12:24. > :12:27.McAlpine will say that in general he holds the BBC in great esteem.
:12:27. > :12:31.After a week of secret talks and closed door meetings, China finally
:12:31. > :12:41.has its new leader who'll run the country for the next ten years.
:12:41. > :12:47.
:12:47. > :12:52.George Alagiah is in the Chinese Here in Beijing, China's carefully
:12:52. > :12:56.choreographed handover of power is finally complete. As expected, this
:12:56. > :13:01.superpower of more than 1 billion people will be run by Xi Jinping.
:13:01. > :13:05.In his first speech as President elect, he said he wanted to tackle
:13:05. > :13:09.corruption within the Communist Party, and he said it was time the
:13:09. > :13:18.West learned more about China. But he expressed fears about the future
:13:18. > :13:26.of the economy of the country. Damian Grammaticas reports. Welcome
:13:26. > :13:32.to the dawn of a new Chinese Iraq. It is the Xi Jinping era, a new
:13:32. > :13:36.leader and a new team in charge of the world's rising superpower.
:13:36. > :13:40.These seven men are now going to rule more than one fifth of
:13:40. > :13:50.humanity. But neither we nor the 1.3 billion people of China really
:13:50. > :13:54.know very much about them. Immediately, it felt different. The
:13:54. > :14:00.Communist party's new general secretary was more relaxed, more
:14:00. > :14:05.confident, more plain-speaking. TRANSLATION: The problem was among
:14:05. > :14:12.peasant Party members include corruption, taking bro bits, --
:14:12. > :14:17.taking bribes, being out of touch, undue emphasis on formalities, and
:14:17. > :14:21.bureacraticism, and these must be addressed. Xi will have to share
:14:22. > :14:29.power with the other six men elevated today. Some are hard
:14:29. > :14:33.liners, so major reforms would seem unlikely. On the left, Xi has been
:14:33. > :14:39.groomed for power. His father helped lead China's communist
:14:39. > :14:44.revolution. Following it all for decades has been the American
:14:44. > :14:49.Sidney Rittenberg. He is not going to be a dominant leader, like Deng
:14:49. > :14:56.or Mao. He is going to have to create a consensus in the leading
:14:56. > :15:02.party, and that is not going to be easy to do. However, many believe
:15:02. > :15:07.China needs change, urgently. This tale was where Xi Jinping had his
:15:07. > :15:14.first important job as a young official. Now, economic growth is
:15:14. > :15:19.slowing, and people's demands of their new leader are rising. This
:15:19. > :15:24.man is 69 - he survives by selling soap which he makes at home. He
:15:25. > :15:30.wants Xi Jinping to spend more on health care and education. But that
:15:30. > :15:34.will require enormous investment. This man is a photographer, and he
:15:34. > :15:37.remembers the young Xi. He hopes he makes more use of China's growing
:15:37. > :15:42.military. TRANSLATION: He should be prepared
:15:42. > :15:48.to fight our enemies abroad. People may die, but we should beat our
:15:48. > :15:53.enemies. Avoiding conflict with a rising shiner is one of America's
:15:53. > :15:57.priorities. Xi Jinping now controls the world's biggest army, along
:15:57. > :16:02.with a nuclear arsenal. He is very candid, not somebody who sticks to
:16:02. > :16:08.talking points. He is somebody who engages, he will be somebody that
:16:08. > :16:12.we will be able to deal within the future. So, China's new leader, on
:16:12. > :16:20.his very first day, is already bringing a change of style. What is
:16:20. > :16:23.not know is whether he will also be able to bring a change of substance.
:16:23. > :16:27.China's economic boom has transformed the lives of hundreds
:16:27. > :16:31.of millions of people here and created a select club of
:16:31. > :16:36.billionaires. Top of the pile is Zong Qinghou, who grew up in
:16:36. > :16:40.poverty, but now sits on a fortune of up to $20 million. He has warned
:16:40. > :16:44.that the growing gap between rich and poor has become a huge problem,
:16:44. > :16:51.which needs addressing by the new leadership. I went to meet him at
:16:51. > :16:56.his headquarters. This is a retreat for China's emperors over the
:16:56. > :17:00.centuries, but it is now home to a new kind of empire. This is the
:17:00. > :17:04.headquarters of the Wahaha soft drinks business. Note the political
:17:04. > :17:10.banner, with communism and capitalism sitting side-by-side. We
:17:10. > :17:15.got a glimpse of how it works. Zong Qinghou is worth up to $20 billion.
:17:15. > :17:19.He is courted by the party. His delegation is from far away Sichuan
:17:19. > :17:23.Province. On both sides of the table, they know that too many are
:17:23. > :17:28.still missing out on China's economic miracle.
:17:28. > :17:34.TRANSLATION: Lots of people here are still poor, while only a small
:17:34. > :17:39.number are which. This wealth gap has become a huge problem and a
:17:39. > :17:44.source of social dissatisfaction. My brother grew up in poverty...
:17:44. > :17:49.was a rags to riches story. His first business was selling ice
:17:49. > :17:52.lollies from a bike 25 years ago. Even now, he eats in the staff
:17:52. > :17:57.canteen and says he lives on $20 a day.
:17:57. > :18:01.TRANSLATION: I spend less than my workers. I believe in a simple life.
:18:01. > :18:10.I give money to charity. Even though I am rich, I will not be
:18:10. > :18:13.hated for it. The rich should earn respect. But it turns out the
:18:14. > :18:18.frugality gene does not run in the family. We were told the
:18:18. > :18:22.Lamborghini outside belongs to his daughter. The company has a 66
:18:22. > :18:29.factories around the country. This line alone produces 30,000 bottles
:18:29. > :18:32.of milky tea every hour. Successful as Mr Zong is, his business empire
:18:32. > :18:36.epitomises the mass-production model of economic growth. But it
:18:36. > :18:42.has its limits, there will always be someone or somewhere trying to
:18:43. > :18:47.compete on cost. Now, there are calls for China to get creative.
:18:47. > :18:52.Vega Wang is starting from scratch, relying on her parents and a rich
:18:52. > :18:55.patron. There was no question of borrowing from a bank. She set up
:18:55. > :19:00.her designer label after three years training at St Martin's in
:19:00. > :19:04.London. A government which is good at spotting large investment
:19:04. > :19:08.projects seems less adept when it comes to nurturing creative talent
:19:08. > :19:12.like hers. The government has already noticed that these things
:19:13. > :19:18.are really important for a developing country. But I think it
:19:18. > :19:24.takes time for them to understand, and maybe to find the people who
:19:24. > :19:30.really work in this area, because this country is too big. It is just
:19:30. > :19:35.possible that the likes of Vega Wang represent a new generation and
:19:35. > :19:41.a new meaning to the "Made in China" brand. Our world affairs
:19:41. > :19:47.editor, John Simpson, joins me now. Let's speak a bit more about that
:19:47. > :19:51.speech from Xi Jinping. He mentioned a lot of problems...
:19:51. > :19:55.an awful lot of people are very pleased that he is in position,
:19:55. > :20:00.they believe he is the man to sort out all of these problems. It does
:20:00. > :20:05.look as though he is bringing that kind of waxworks image of Chinese
:20:05. > :20:08.politics to an end, by being kind of free-and-easy. But one of the
:20:08. > :20:15.members of the seven-man standing committee studied economics in
:20:15. > :20:21.North Korea, so he is not exactly a card-carrying liberal. But Mr Xi,
:20:21. > :20:25.after five years, should have a freer hand, because five members of
:20:25. > :20:30.the Standing Committee are in their 60s and will have to retire in 2017,
:20:30. > :20:35.so that should give him more freedom - although that is quite a
:20:35. > :20:39.long time to wait. Looking outwards, do you see any possible change in
:20:39. > :20:44.the way he will deal with the rest of the world? Western governments
:20:44. > :20:48.are very pleased that he is there, which has a clear sign. But there
:20:48. > :20:54.are big problems ahead. He himself said that. There is a real
:20:54. > :21:01.difficulty of course about whether China can carry on maintaining this
:21:01. > :21:05.high level of growth, for instance. There are serious problems here,
:21:05. > :21:09.and the big nervousness is that China will start to become much
:21:09. > :21:13.more inward-looking, more hostile, blaming the outside world for
:21:13. > :21:18.things which are going wrong. So, there are problems all the way
:21:18. > :21:25.round. Nevertheless, as I say, a lot of people are very happy to see
:21:25. > :21:31.Mr Xi in power, and so, there is a general kind of sense of things
:21:31. > :21:38.getting better here as a result. That's it from the Beijing team. It
:21:38. > :21:43.is back to London. The British oil giant BP is to pay
:21:43. > :21:46.a record fine of nearly �3 billion to the US Government to settle
:21:46. > :21:51.criminal charges relating to the Deepwater Horizon disaster two
:21:51. > :21:55.years ago. 11 people died in the disaster, which resulted in the
:21:55. > :22:03.biggest ever offshore oil spill. Our Washington correspondent has
:22:03. > :22:07.the latest. April 2010, a drilling rig consumed by flames after an
:22:07. > :22:12.explosion which claimed 11 lives and triggered the worst oil spill
:22:12. > :22:18.in American history. Today, BP, the owner, accepted criminal
:22:18. > :22:26.responsibility. This marks the largest total criminal resolution
:22:26. > :22:30.in the history of the United States. Today's resolution does not mark
:22:30. > :22:37.the end of our efforts. In fact, our criminal investigation remains
:22:37. > :22:41.on going. Under the settlement, BP has pleaded guilty to 14 criminal
:22:41. > :22:45.charges, 11 of them for misconduct and negligence resulting in the
:22:45. > :22:50.death of workers. Two supervisors from the Deepwater Horizon have
:22:50. > :22:53.been charged with manslaughter. And the company will pay a total of
:22:53. > :22:58.almost �3 billion in fines and compensation. Accident
:22:58. > :23:02.investigators identified flaws in the cement work, which should have
:23:02. > :23:06.prevented a gas explosion. BP has admitted it misinterpreted test
:23:06. > :23:10.results, which showed there was a problem. The chief executive
:23:10. > :23:15.officer became the British face of an American disaster, photographed
:23:15. > :23:19.yachting around the Isle of Wight as oil spewed into the Gulf. Then
:23:19. > :23:25.there was this notorious gaffe. Nobody wants this to be over more
:23:25. > :23:31.than I do, I would like my life back. The resulting outcry forced
:23:31. > :23:34.him to step aside. In a statement today, BP's new management said it
:23:35. > :23:38.deeply regretted the impact of the oil spill and the loss of life. He
:23:38. > :23:42.said the settlement was in the best interest of its shareholders,
:23:42. > :23:47.because it removed legal uncertainty. But even as the
:23:47. > :23:51.company tries to move forward, this is far from over. Civil claims must
:23:51. > :24:01.now be settled with different layers of US Government and the
:24:01. > :24:02.
:24:02. > :24:06.insurance companies. BP has seen a huge fall in its value.
:24:06. > :24:10.There is more to do in terms of dealing with the civil cases, which
:24:10. > :24:14.will add many billions more. Ultimately, what we see going
:24:14. > :24:18.forward is a smaller BP, which has had some of its competitive edge
:24:18. > :24:23.taken away because it has had to fund all of these penalties. It
:24:23. > :24:28.will be a reduced force for some years to come. The hardest cost to
:24:28. > :24:31.factor in will be the damage to BP's reputation - a global brand
:24:31. > :24:36.which was responsible for an environmental catastrophe. The
:24:36. > :24:40.polls have closed in elections for the first Police and Crime
:24:40. > :24:46.Commissioners in England and Wales. Voting has also ended at three
:24:46. > :24:50.parliamentary by-elections. There was also a contest to choose the
:24:50. > :24:57.first elected mayor in Bristol. The eurozone has gone back into
:24:57. > :25:02.recession for the first time since 2009. Output fell by 0.1% in the
:25:02. > :25:08.third quarter of this year. Our Europe editor, Gavin Hewitt, is in
:25:08. > :25:14.Madrid. Both northern and southern Europe are hurting, according to
:25:14. > :25:19.these figures, so, is the austerity drive working? Well, it is clear
:25:19. > :25:23.that the problems of countries like Spain and Greece are beginning to
:25:23. > :25:25.have an impact on the wider eurozone economy. It was
:25:26. > :25:29.interesting today that a northern European country, like the
:25:29. > :25:33.Netherlands, saw its economy shrinking sharply in the last
:25:33. > :25:37.quarter. The news today of the eurozone being back in recession
:25:37. > :25:42.came after yesterday's huge protests, hundreds of thousands of
:25:42. > :25:46.people essentially on the streets, about austerity. There are signs
:25:46. > :25:51.that some European officials are easing off on those targets,
:25:51. > :25:55.backing away on the reduction of deficits so sharply. His return to
:25:55. > :26:01.recession, and also the protests on the streets, are causing something
:26:01. > :26:06.of a rethink. The basic question is this - is it right to make a
:26:06. > :26:12.priority of cutting deficits when some countries are in recession?
:26:12. > :26:20.Bear this in mind - when we go forward to the coming months and
:26:20. > :26:26.years... Apologies for the loss of that satellite link. England have
:26:26. > :26:31.had a tough time at the hands of India's batsmen on the first day of
:26:31. > :26:33.the opening Test in Ahmedabad. Graeme Swann took all four wickets
:26:33. > :26:40.Graeme Swann took all four wickets for England, but India finished the
:26:41. > :26:45.day on 323-4. Cricket starts before breakfast in Ahmedabad. It is
:26:45. > :26:50.serious stuff. Bowling here can require maximum effort for minimal
:26:51. > :26:57.reward, as England soon discovered, just down the road. India won the
:26:57. > :27:02.toss, batted, and Virender Sehwag scored almost in his sleep. India
:27:02. > :27:07.made 120 just in the morning session. Sehwag got to 100 off just
:27:07. > :27:11.90 balls. Test cricket may not be the draw it once was in this
:27:11. > :27:18.country, but this match has been drawing quite a big crowd - at
:27:18. > :27:24.least while Sehwag was batting. No spin bowler of Graeme Swann's style
:27:24. > :27:34.has ever taken more wickets for England. There was silence as
:27:34. > :27:38.
:27:38. > :27:41.theatres Tendulkar fell. 250 were on the board. Did Jonathan Trott