:00:00. > :00:07.Tonight at Ten, Donald Trump uses his first news conference
:00:08. > :00:13.since the election to attack America's intelligence agencies.
:00:14. > :00:15.He responds with anger to claims that Russia has obtained
:00:16. > :00:18.compromising information about him and his links with President Putin.
:00:19. > :00:28.It didn't happen and it was gotten by opponents of ours.
:00:29. > :00:30.And he turns his fire on America's intelligence agencies,
:00:31. > :00:35.in effect accusing them of leaking the claims.
:00:36. > :00:43.Released by, maybe the intelligence agencies, who knows?
:00:44. > :00:46.But maybe the intelligence agencies, which would be a tremendous
:00:47. > :00:48.blot on their record, if they in fact did that,
:00:49. > :00:54.We'll have details of an eventful news conference, just nine days
:00:55. > :00:57.before Donald Trump is sworn in as president.
:00:58. > :01:07.Prime Minister, are you going to put more money into the NHS?
:01:08. > :01:10.Theresa May is accused by Labour of being "in denial" about the scale
:01:11. > :01:13.of the problems facing the NHS in England this winter.
:01:14. > :01:14.Following the death of a seven-year-old in York,
:01:15. > :01:20.a teenage girl has been charged with murder.
:01:21. > :01:24.Into Smith! That is the record-breaking goal.
:01:25. > :01:26.And Kelly Smith, Britain's first female professional
:01:27. > :01:31.footballer, is to retire after a record-breaking career.
:01:32. > :01:34.Coming up in Sportsday at 10:30pm BBC News, the second of the
:01:35. > :01:38.League Cup semifinals and Southampton take an early lead in
:01:39. > :02:01.the first leg against Liverpool on the south coast.
:02:02. > :02:06.In his first formal news conference since being elected,
:02:07. > :02:10.Donald Trump has rounded on America's intelligence agencies.
:02:11. > :02:12.He's suggested they might have been responsible for reports that Russia
:02:13. > :02:18.had gathered compromising information about him.
:02:19. > :02:20.The president-elect denied that he was in any
:02:21. > :02:22.way beholden to Russia, and he repeatedly criticised some
:02:23. > :02:26.media organisations for spreading what he called "fake news".
:02:27. > :02:28.With just nine days to go until Mr Trump becomes president,
:02:29. > :02:34.our correspondent Ian Pannell reports from New York.
:02:35. > :02:37.-- our diplomatic correspondent James Robbins has this report.
:02:38. > :02:42.Donald Trump is nine days away from inauguration as president and
:02:43. > :02:45.America's commander-in-chief but is passed to the White House is now
:02:46. > :02:50.tangled in extraordinary controversy. What role might the
:02:51. > :02:54.Kremlin under President Putin have played to help Mr Trump to undermine
:02:55. > :03:00.Hillary Clinton and perhaps also to gather compromising material to use
:03:01. > :03:05.against President, once he is in power -- president Trump. My friend
:03:06. > :03:10.Annie President-elect of the United States of America, Donald Trump.
:03:11. > :03:15.This afternoon, Donald Trump was blunt. The allegations against him
:03:16. > :03:20.are totally untrue and designed to undermine him. It is all fake news.
:03:21. > :03:25.It is phoney stuff. It didn't happen and it was gotten by opponents of
:03:26. > :03:29.hours, as you know, because you reported it and so did many of the
:03:30. > :03:35.other people. It was a group of opponents that got together, sick
:03:36. > :03:41.people, and they put that together. So what could Moscow's role has
:03:42. > :03:46.been? In shadowy work, both to promote Donald Trump and also gain a
:03:47. > :03:50.hold over him. Here he is visiting the Russian capital in 2013, for the
:03:51. > :03:55.Miss universe pageant, then co-owned by Mr Trump. The most lurid claim is
:03:56. > :03:59.that he used the same hotel suite which President Obama had stayed in
:04:00. > :04:03.for unusual acts involving sex workers, all of it allegedly
:04:04. > :04:07.recorded by Russian spy cameras and microphones. I was in Russia years
:04:08. > :04:12.ago with the Miss universe contest, which did very well, in the Moscow
:04:13. > :04:18.area. It did very, very well. And I told many people, be careful because
:04:19. > :04:22.you don't want to see yourself on television. Cameras all over the
:04:23. > :04:32.place. And again, not just Russia, all over. Does anyone really believe
:04:33. > :04:35.that story? I'm also very much of a germophobe by the way. The source
:04:36. > :04:39.for the unproved claims is said to be a former British spy and ex-MI6
:04:40. > :04:43.officer who was once based in Moscow. Today Dmitry Peskov, Putin
:04:44. > :04:46.was back spokesman said the planes were pulp fiction and a clear
:04:47. > :04:49.attempt to damage relations. Mr Trump says he is in no way
:04:50. > :04:54.compromised by Vladimir Putin's preference for him as the next
:04:55. > :04:58.president. Is Putin likes Donald Trump, I consider that an asset, not
:04:59. > :05:02.a liability because we have a horrible relationship with Russia.
:05:03. > :05:06.Russia can help us fight Isis which by the way, is number one tricky. I
:05:07. > :05:09.don't know that I'm going to get along with Vladimir Putin. I hope I
:05:10. > :05:15.do but there's a good chance I won't. And if I don't, do you
:05:16. > :05:18.honestly believe that Hillary would be tougher on Putin done? Does
:05:19. > :05:25.anyone in this room really believe that? Give me a break. The press
:05:26. > :05:28.conference got mostly did when CNN, one news on the -- news organisation
:05:29. > :05:33.which has cover the latest allegations extend to become tried
:05:34. > :05:38.to put a question. No, not you, not you, your organisation's terrible.
:05:39. > :05:44.Your organisation's terrible. Don't be... I'm not going to give you a
:05:45. > :05:50.question. You are fake news. These papers are just some of the many
:05:51. > :05:53.documents... Mr Trump also use the occasion to display some of the
:05:54. > :05:57.legal documents turning his business over to his family. It is his
:05:58. > :06:00.response to accusations of future conflicts of interest. But the
:06:01. > :06:04.controversies surrounding Donald Trump and Russia are not going away.
:06:05. > :06:07.Those who voted for him and those who rejected him all know his
:06:08. > :06:10.presidency will be a stormy one. James Robbins, BBC News.
:06:11. > :06:16.Our North America correspondent Paul Wood is in Washington.
:06:17. > :06:21.This report today, Paul, that has caused so much of a rumpus and all
:06:22. > :06:27.of these heated exchanges, what have you found out about it? Let's not
:06:28. > :06:31.lose sight of the central allegation here which is that Donald Trump,
:06:32. > :06:35.President-elect of the United States, is vulnerable to blackmail
:06:36. > :06:38.by the Russians. That is such an extraordinary claim, so much depends
:06:39. > :06:43.on the credibility of the author of this dossier. He has now been named
:06:44. > :06:48.as Christopher Steele, a former MI6 agent who was in Moscow in the early
:06:49. > :06:53.1990s. Speaking to one intelligence source, he has apparently -- is
:06:54. > :06:56.apparently very highly regarded among his peers as competent and
:06:57. > :07:01.trustworthy and that reputation, I think, is one of the main reasons
:07:02. > :07:06.why what he said, the allegations he repeated from Russian security
:07:07. > :07:10.officers, were taken so seriously by the American intelligence
:07:11. > :07:13.institutions. I spoke to one intermediary, you can't speak to CIA
:07:14. > :07:17.case officer 's directory but a message came back from the people
:07:18. > :07:20.dealing with this file that they found it credible, that there was
:07:21. > :07:26.more than one take, that there was an audio tape as well as a video
:07:27. > :07:30.tape, that there were several times that these activities supposedly
:07:31. > :07:34.took place and in more than one location, not just the Ritz-Carlton
:07:35. > :07:39.in Moscow but ain't Petersburg as well. The fact that the CIA
:07:40. > :07:42.apparently finds these allegations credible and credible enough to put
:07:43. > :07:45.on President Obama's death is not then saying they believe the
:07:46. > :07:49.allegations. They are just saying they are worthy of consideration.
:07:50. > :07:54.One further thing, this former MI6 officer is not the only source. I
:07:55. > :07:59.spoke to a retired spy last August, who said he had been told of the
:08:00. > :08:02.existence of a blackmail tape by the head of an Eastern European
:08:03. > :08:06.intelligence agency over the summer. We should stress in all of this,
:08:07. > :08:10.these are just allegations and Mr Trump is literally correct when he
:08:11. > :08:13.says they are unsubstantiated. Nevertheless, Americans are in the
:08:14. > :08:16.incredible position, nine days before the inauguration, of having
:08:17. > :08:22.to decide whether the President-elect is the Russian agent
:08:23. > :08:23.of influence. Thank you for joining us.
:08:24. > :08:26.As Donald Trump faced the media, his nominee for Secretary of State,
:08:27. > :08:29.Rex Tillerson, was facing questions from a panel of senators
:08:30. > :08:30.who are considering his suitability for the post.
:08:31. > :08:33.Mr Tillerson said that Washington needed an open and frank dialogue
:08:34. > :08:35.with Moscow about its national and global ambitions,
:08:36. > :08:43.as our correspondent Aleem Maqbool reports.
:08:44. > :08:49.Rex Tillerson was Donald Trump's surprise choice to be Secretary of
:08:50. > :08:52.State. As he tried to convince Congress he is fit for the job, he
:08:53. > :08:57.appeared to have a tougher line on Russia than the man who picked him.
:08:58. > :09:03.Russia today poses a danger but it is not unpredictable in advancing
:09:04. > :09:09.its own interest. It has invaded the Ukraine, including the taking of
:09:10. > :09:14.Crimea and supported Syrian forces that brutally violates the laws of
:09:15. > :09:17.war. But Rex Tillerson's background as chief executive of oil and gas
:09:18. > :09:21.giant Exxon-Mobil involves extensive ties with Russia, even receiving the
:09:22. > :09:26.country's medal of friendship from Vladimir Putin. Some politicians are
:09:27. > :09:32.clearly not convinced he's really able to get tough on the Kremlin and
:09:33. > :09:36.it finally showed. Is Vladimir Putin Walker and? I would not use that
:09:37. > :09:40.term. Let me describe the situation in Aleppo and perhaps that will help
:09:41. > :09:44.you reach that conclusion. Senator Marco Rubio went on to describe what
:09:45. > :09:48.he called the targeting of civilians by Russian forces in Syria. You are
:09:49. > :09:53.still not prepared to say that Vladimir Putin and his military have
:09:54. > :09:56.violated the rules of war and have conducted war crimes in Aleppo?
:09:57. > :10:00.Those are very, very serious charges to make and I would want to have
:10:01. > :10:05.much more information before reaching a conclusion. There is so
:10:06. > :10:11.much information out there. I find it discouraging, your inability to
:10:12. > :10:15.cite that. And protesters dressed in KKK robes have disrupted proceedings
:10:16. > :10:21.to confirm another of Donald Trump's pics. Would you raise your hand
:10:22. > :10:25.please? Jeff Sessions is the man Donald Trump wants to be his
:10:26. > :10:30.Attorney General, a man who in the 1980s was denied a judge ship over
:10:31. > :10:35.claims of racial discrimination. I am not a racist. I'm not insensitive
:10:36. > :10:40.to blacks. In his hearing, some of the leading black voices in Congress
:10:41. > :10:43.laid out their concerns. He has demonstrated a total disregard for
:10:44. > :10:47.the equal application of justice and protection of the law as it applies
:10:48. > :10:51.to African-Americans and falls short on so many issues. It is still
:10:52. > :10:55.likely that both Rex Tillerson and Jeff Sessions will be confirmed in
:10:56. > :10:59.their respective posts. But it's also clear that in these choices
:11:00. > :11:02.that lead, Donald Trump has not felt the need to reassure those Americans
:11:03. > :11:06.who are concerned about his politics when it comes to Russia or race.
:11:07. > :11:09.Aleem Maqbool, BBC News, Washington. With me now is our North America
:11:10. > :11:18.editor, Jon Sopel. We have an incoming president of the
:11:19. > :11:23.United States who is picking a fight, it seems, with his own
:11:24. > :11:26.intelligence agencies. Even by the unusual standards of Donald Trump
:11:27. > :11:29.that have become the new normal, this was something else. I mean,
:11:30. > :11:33.these extraordinary swell of allegations about his business
:11:34. > :11:37.conduct, bizarre allegations about his personal conduct, all this, nine
:11:38. > :11:40.days before he takes the oath of office and becomes the president of
:11:41. > :11:44.the United States of America and commander-in-chief. Of all the
:11:45. > :11:47.diffuse claims, the thing that stood out for me from that news conference
:11:48. > :11:51.was the clear breakdown in trust there has been between him and the
:11:52. > :11:57.US intelligence services. He seemed to think that the word Vladimir
:11:58. > :12:01.Putin and the Russians, he spoke more favourably about them than he
:12:02. > :12:06.did about his own intelligence agencies. The CIA and the FBI are
:12:07. > :12:11.charged with keeping Americans safe. To say it was highly unusual for
:12:12. > :12:16.Donald Trump to take this kind of attitude was, to put it mildly. We
:12:17. > :12:23.were repeatedly told that Trump, the strident campaign, which disappear
:12:24. > :12:27.and we would have a new person, the presidential person would appear. On
:12:28. > :12:31.today's evidence, what would you say? He was an orthodox as a
:12:32. > :12:34.candidate and he is unorthodox as President-elect. There is absolutely
:12:35. > :12:37.no reason to think that he's going to be any different when he takes
:12:38. > :12:41.the oath of office on the 20th of January and moves into the White
:12:42. > :12:46.House. He will carry on tweeting, picking fights, reacting very
:12:47. > :12:51.quickly to provocation. And if you go onto the right-wing message
:12:52. > :12:54.boards, they are not saying, "For goodness sake, President-elect, be
:12:55. > :12:58.more presidential". They are loving it. And those people that absolutely
:12:59. > :13:02.loathed Donald Trump during the campaign still feel deeply uneasy
:13:03. > :13:05.about his presidency. The night after his election, he said he was
:13:06. > :13:07.going to unite the United States of America but that still seems a very
:13:08. > :13:11.long way off. Jon Sopel, there. Labour's Jeremy Corbyn has accused
:13:12. > :13:16.Theresa May of being "in denial" about the scale of the problems
:13:17. > :13:19.facing the NHS in He said the Prime Minister
:13:20. > :13:22.was ignoring warnings from many senior doctors that extra funding
:13:23. > :13:24.was urgently needed. Simon Stevens, the head
:13:25. > :13:28.of the NHS in England, also told MPs that funding levels
:13:29. > :13:30.were "challenging" and would get even more challenging in the months
:13:31. > :13:33.ahead as our deputy political The health service needs
:13:34. > :13:45.help and needs it now. Overworked, understaffed,
:13:46. > :13:46.despite the extra doctors and nurses, resources always
:13:47. > :13:48.stretched and at breaking Is this a winter crisis
:13:49. > :13:54.as bad as any we've seen? Today, the blame, claim and
:13:55. > :13:57.counterclaim reached a new pitch. REPORTER: Prime Minister,
:13:58. > :13:59.are you going to put Theresa May came wrapped up
:14:00. > :14:04.and ready for a row, ready to savage the British Red Cross for saying
:14:05. > :14:15.the NHS faced a humanitarian crisis. To use that description
:14:16. > :14:17.of a national health service... Which last year saw 2.5 million more
:14:18. > :14:23.people treated in Accident and Emergency than six years ago,
:14:24. > :14:27.was irresponsible and overblown. And critics seized
:14:28. > :14:32.on this as complacency. I accept there have been a small
:14:33. > :14:43.number of incidents, where the... Where, where unacceptable
:14:44. > :14:45.practices have taken place. The Labour leader, fairly or not,
:14:46. > :14:48.had an obvious target Earlier this week,
:14:49. > :14:51.the Prime Minister said she wanted More people sharing hospital
:14:52. > :15:01.corridors on trolleys. More people sharing waiting
:15:02. > :15:05.areas at A departments. More people sharing in anxiety
:15:06. > :15:09.created by this Government. Our NHS, Mr Speaker, is in crisis,
:15:10. > :15:16.but the Prime Minister is in denial. Doctors, nurses, charities queued
:15:17. > :15:18.like patients in A NHS England's boss added more
:15:19. > :15:24.pressure with what sounded In the here and now,
:15:25. > :15:30.there are very real pressures. Over the next three years, funding
:15:31. > :15:36.is going to be highly constrained. In 2018-19, as I previously said
:15:37. > :15:40.in October, real terms NHS spending per person in England is going to go
:15:41. > :15:43.down, ten years after We all understand why that is,
:15:44. > :15:47.but let's not pretend that that is not placing huge pressure
:15:48. > :15:50.on the service. Here was a tabloid headline
:15:51. > :15:53.about the NHS falling behind in Europe and a pointed reminder
:15:54. > :15:56.to Theresa May. These were problems tougher
:15:57. > :16:00.than those she was used to. We don't have, you know,
:16:01. > :16:03.we can't change the age of Britain. It is quite different than say,
:16:04. > :16:08.the criminal justice system. Talk of a winter health
:16:09. > :16:10.crisis is as regular and predictable as winter itself,
:16:11. > :16:13.but when has there been There's never enough cash,
:16:14. > :16:17.but the squeeze is real and changing the way treatments are delivered
:16:18. > :16:21.is a long-term project. After being catapulted
:16:22. > :16:23.into Number Ten, the pressure is severe and outside Theresa May's
:16:24. > :16:25.normal comfort zone. Fairly or not, the buck
:16:26. > :16:27.stops with her. The growing pressure on the NHS
:16:28. > :16:42.was underlined again today by the head of NHS Hospital Trusts
:16:43. > :16:46.in England, who told MPs it was time to stop pretending the NHS
:16:47. > :16:48.could afford to do everything He warned that the current
:16:49. > :17:01.situation could not continue. Our health editor, Hugh Pym,
:17:02. > :17:03.has more details. If there's one story which sums up
:17:04. > :17:06.the current state of the NHS, it's Pat's, she couldn't get a local
:17:07. > :17:09.doctors visit and fearing she had pneumonia had
:17:10. > :17:11.to go to her local A, but once she got there she had
:17:12. > :17:15.to wait 19-hours for a bed. I were crying, weren't I,
:17:16. > :17:17.when we are were sat Through tiredness of, you know,
:17:18. > :17:22.being there as long as we were. Pat has this message
:17:23. > :17:23.for politicians. There's loads of hospitals that's
:17:24. > :17:26.in the same position - go and see them and then say -
:17:27. > :17:29.right, we'll sit down and see The local Hospital Trust said
:17:30. > :17:34.on the day in question the pressure was higher than usual,
:17:35. > :17:37.but safety was monitored closely. Some hospitals are managing
:17:38. > :17:40.better than others. Here in Exeter, senior consultants
:17:41. > :17:43.are at the front door of A, ensuring only the sickest
:17:44. > :17:46.patients are admitted. They can send some straight home,
:17:47. > :17:51.keeping beds free for others. As soon as you admit an elderly
:17:52. > :17:54.patient to hospital, there's a risk that they are going to deteriorate,
:17:55. > :17:57.they're going to lose muscle power and also they might get
:17:58. > :18:00.into the system of doing more and more investigations
:18:01. > :18:03.which actually doesn't necessarily There's no doubt of the huge
:18:04. > :18:08.strain on the NHS. Figures leaked to the BBC showed
:18:09. > :18:10.a big increase last week in the number of patients in England
:18:11. > :18:13.waiting 12-hours or more on trolleys because hospital
:18:14. > :18:17.beds weren't available. Several hospitals fell far short
:18:18. > :18:19.of targets for A waiting times, and medical profession leaders
:18:20. > :18:29.are warning that lives are at risk. Our counsel members specifically
:18:30. > :18:32.have said to me that this There are patients
:18:33. > :18:35.all over the hospital. We don't know where to put them
:18:36. > :18:38.and they don't feel that they're able to provide the standard of care
:18:39. > :18:46.that they've been trained to do. The main representative
:18:47. > :18:47.of England's hospitals had a stark warning for MPs
:18:48. > :18:50.about the longer term implications. I think the biggest concern is,
:18:51. > :18:53.to be frank, if we carry on on the current trajectory,
:18:54. > :18:56.I think what we begin to bring into question is the entire
:18:57. > :18:58.sustainability of the NHS model. The NHS is always very busy
:18:59. > :19:01.early in the new year, The question is - will the pressure
:19:02. > :19:06.ease off any time soon? A burst of cold weather or,
:19:07. > :19:09.for example, an upsurge in flu cases could add to the high levels
:19:10. > :19:14.of pressure being Some say the NHS is in perpetual
:19:15. > :19:19.winter, with patient demand Today's problems
:19:20. > :19:21.could yet intensify. A 15-year-old girl has appeared
:19:22. > :19:31.before magistrates in York charged The teenager was remanded
:19:32. > :19:37.into secure accommodation. Katie Rough was found with fatal
:19:38. > :19:40.injuries in a field on the outskirts of York on Monday afternoon
:19:41. > :19:42.as our correspondent, Some of Katie Rough's family left
:19:43. > :19:51.court in tears this morning after listening to a brief outline
:19:52. > :19:53.of the case against the 15-year-old The teenager, who can't be named
:19:54. > :20:00.publicly because of her young age, said nothing during the brief
:20:01. > :20:03.hearing, here at York The two charges are that on Monday
:20:04. > :20:10.she murdered Katie Rough and that on the same day she had
:20:11. > :20:12.with her in a public place Katie's headteacher says
:20:13. > :20:28.she was "a kind and thoughtful Many more people have
:20:29. > :20:32.been to leave flowers and messages where she was found
:20:33. > :20:34.with fatal injuries. People are just shocked
:20:35. > :20:35.that a seven-year-old My daughters were friends
:20:36. > :20:39.with Katie and, you know, How difficult is it to talk
:20:40. > :20:43.with your own children about what's Yes, it's a very hard thing
:20:44. > :20:49.to deal with at the moment. The teenager accused of murdering
:20:50. > :20:51.this little girl will appear before A brief look at some
:20:52. > :21:04.of the day's other news stories. Rolf Harris has gone on trial
:21:05. > :21:06.accused of indecently assaulting The 86-year-old former
:21:07. > :21:13.entertainer denies the charges. He's appearing from
:21:14. > :21:15.prison on a videolink. Volkswagen has agreed to pay more
:21:16. > :21:18.than ?3 billion to settle the case over rigging emissions levels
:21:19. > :21:21.in the United States. VW - which is the world's
:21:22. > :21:24.second biggest carmaker - admitted in 2015 that it had
:21:25. > :21:26.installed software in hundreds of thousands of diesel cars
:21:27. > :21:36.in the US to cheat emissions tests. The BBC's Director General,
:21:37. > :21:38.Tony Hall, has said the top online TV service
:21:39. > :21:42.in the UK by 2020. He told staff it needed to make
:21:43. > :21:45.the leap from a catch-up service to a "must-visit destination"
:21:46. > :21:47.in its own right. One change might allow viewers
:21:48. > :21:52.to watch an entire series on iPlayer Strong winds have caused disruption
:21:53. > :21:56.in parts of Scotland The Forth Road Bridge has reopened,
:21:57. > :22:04.it was closed all day A man has been charged
:22:05. > :22:10.with dangerous driving. There was damage to property
:22:11. > :22:12.and many homes lost power. Met Office yellow warnings
:22:13. > :22:15.are in place for wind and snow across much of Scotland and Northern
:22:16. > :22:16.Ireland. On the financial markets,
:22:17. > :22:19.the FTSE index of 100 leading shares has continued its record-breaking
:22:20. > :22:22.streak, closing at an all-time high During the day, the governor
:22:23. > :22:27.of the Bank of England, Mark Carney, said that leaving the EU was no
:22:28. > :22:30.longer the biggest risk to the UK's financial stability
:22:31. > :22:33.because of action taken by the Bank. Our business editor,
:22:34. > :22:43.Simon Jack, is here. Mr Carney admitting he's wrong?
:22:44. > :22:48.Yeah. He changed his tune in a couple of ways. He conceded the
:22:49. > :22:51.economy has performed better than he thought it would post-Brexit along
:22:52. > :22:54.with other people. He thought he might upgrade his forecast for how
:22:55. > :23:00.well it is going to do. Before the vote he said that Brexit was the
:23:01. > :23:04.biggest risk to UK stability. This is about disruption. He said because
:23:05. > :23:08.the rest of the European Union uses the UK as a wholesale bank, any
:23:09. > :23:13.disruption in that relationship might be a bigger threat to their
:23:14. > :23:17.stability than it is to the UK. He echoed calls for this transational
:23:18. > :23:22.period we heard from finance chiefs that we need time after 2019 so
:23:23. > :23:28.everyone can adjust. He took credit, he say I cut interest rates and put
:23:29. > :23:31.money to the banks. If the weather has improved, partly down to me.
:23:32. > :23:35.Good news for the financial markets where the FTSE is concerned?
:23:36. > :23:40.Astonishing streak streak. For the tenth day in a row the FTSE 100
:23:41. > :23:45.closed at an all-time high. It hadn't happened since the modern
:23:46. > :23:50.index was put together in 1984. What Mark Carney got right is that
:23:51. > :23:56.sterling would fall. It has sharply, particularly against the dollar by
:23:57. > :24:00.19%. The FTSE 100 is stuffed full ofs companies that make most of
:24:01. > :24:05.their money in dollars. As the pound falls the dollar earnings are worth
:24:06. > :24:09.more in pound terms go up, therefore the share value goes up. Mr Trump
:24:10. > :24:14.gets his way into this story well. A lot of people think his plans to
:24:15. > :24:18.spend big, super charge growth in the US is good news for the global
:24:19. > :24:23.economy and might bring back inflation. If we have inflation it
:24:24. > :24:26.means everyone's favourite asset they have been buying over the
:24:27. > :24:31.years, Government bonds, that pay little, are safe, the low returns
:24:32. > :24:34.get eaten up by quickly by inflation. The right thing to do,
:24:35. > :24:39.sell bonds, buy shares, therefore shares go up. That is what you've
:24:40. > :24:41.seen. Thank you very much. Simon Jack there for us, our Business
:24:42. > :24:48.Editor. Barack Obama delivered his final
:24:49. > :24:50.farewell as President last night He listed his achievements
:24:51. > :24:54.after eight years in the White House and he struck a sombre note
:24:55. > :24:57.as he warned of threats to US democracy from inequality and racism
:24:58. > :25:00.and derided many of the policies advocated by his
:25:01. > :25:01.successor, Donald Trump. From Chicago, our correspondent,
:25:02. > :25:04.Nick Bryant, sent this report. He's one of the most
:25:05. > :25:07.gifted speakers ever to occupy the White House,
:25:08. > :25:10.the poet laureate of his own presidency and he returned home
:25:11. > :25:12.to Chicago to define, If I'd told you eight
:25:13. > :25:19.years ago that America would reverse a great recession,
:25:20. > :25:25.shut down Iran's nuclear weapons programme without firing a shot,
:25:26. > :25:28.take out the mastermind of 9/11, you might have said our sights
:25:29. > :25:32.were set a little too high. CROWD: Four more years!
:25:33. > :25:41.Four more years! America's first black President
:25:42. > :25:49.never wanted his time in office to be defined by race,
:25:50. > :25:52.but the hope was he would do more After my election there
:25:53. > :25:59.was talk of a post-racial America and such a vision,
:26:00. > :26:01.however well intended, Race remains a potent and often
:26:02. > :26:13.divisive force in our society. There were no direct
:26:14. > :26:15.attacks on Donald Trump, but much of the speech read
:26:16. > :26:18.like a rebuttal to the billionaire's campaign,
:26:19. > :26:20.to the President-elect's Twitter Democracy can buckle
:26:21. > :26:27.when it gives in to fear, that's why I reject discrimination
:26:28. > :26:29.against Muslim Americans Seldom has there been such
:26:30. > :26:36.a photogenic presidency, it's had the look of a black
:26:37. > :26:40.Camelot, and the thank you to his wife, Michelle, left him
:26:41. > :26:44.struggling to contain his emotions. You took on a role you didn't
:26:45. > :26:47.ask for and you made it your own with grace and with grit
:26:48. > :26:51.and with style and good humour. For a moment, the great wordsmith
:26:52. > :27:01.rendered speechless. Then he ended with three famous
:27:02. > :27:04.words that brought such hope, It was a presidency that began
:27:05. > :27:20.with the mountain top experience of becoming the first black man
:27:21. > :27:26.to live in a White House built by slaves, but it ended
:27:27. > :27:31.in the valley with the knowledge that Donald Trump will try to
:27:32. > :27:33.dismantle his signature achievements I just hope that President-elect
:27:34. > :27:40.Trump take on some of these pointers and carry on the torch
:27:41. > :27:43.of being a fair to all people. But I know that's going to take some
:27:44. > :27:46.work, so we'll just wait on it. Barack Obama is a leader likely
:27:47. > :27:54.to have the word "era" But the rise of Donald Trump
:27:55. > :28:00.was partly a reaction to his presidency and not how he'd
:28:01. > :28:02.scripted his finale. Kelly Smith, Britain's first female
:28:03. > :28:12.professional footballer, is to retire from football
:28:13. > :28:15.after an 18-year career in which she scored a record number
:28:16. > :28:19.of goals for England and won the FA Cup on no fewer than five occasions
:28:20. > :28:22.as our sports correspondent, For years, Kelly Smith made
:28:23. > :28:27.the spectacular seem almost routine. COMMENTATOR: Through
:28:28. > :28:28.for Kelly Smith. It's a great pass.
:28:29. > :28:32.Kelly Smith! As Britain's first female
:28:33. > :28:35.professional footballer, hers is a career that set
:28:36. > :28:38.a benchmark and a career that I think I've had a very good
:28:39. > :28:43.career at international At the age of 38, the body's
:28:44. > :28:54.telling me that it needs to stop. The game's in a magnificent place
:28:55. > :28:57.at the minute and it's good to step She made her England debut just days
:28:58. > :29:03.after her 17th birthday and went on to win 117 caps and score
:29:04. > :29:07.a record 46 goals for her country. The majority of her career
:29:08. > :29:10.was spent at Arsenal, where she won the Champions League
:29:11. > :29:13.and five FA Cups. COMMENTATOR: Trying
:29:14. > :29:15.to play it to Smith! Her influence will be measured
:29:16. > :29:23.in more than goals and titles. Current England captain,
:29:24. > :29:31.Steph Houghton, described her as an, "inspiration" and "the country's
:29:32. > :29:35.greatest female player." While England head coach,
:29:36. > :29:37.Mark Sampson, said "defenders all over the world will be
:29:38. > :29:39.celebrating her retirement." Her time playing in the US
:29:40. > :29:43.was blighted by injuries, alcoholism and depression,
:29:44. > :29:44.but she overcame those challenges to flourish
:29:45. > :29:46.in the twilight of her career. Now she'll turn her
:29:47. > :29:50.attention to coaching. I'd love to see how far I can
:29:51. > :29:54.develop as a coach and obviously there are goals to manage Arsenal,
:29:55. > :29:56.the club of my heart, Who knows where that will be,
:29:57. > :30:01.but I'm just at the bottom Whatever obstacles she's
:30:02. > :30:04.faced, Smith has always As one era ends, another
:30:05. > :30:10.could be about to begin. Newsnight is coming up
:30:11. > :30:19.on BBC Two, here's Emily. Tonight, Donald Trump lashes out
:30:20. > :30:21.at those who publish unverified allegations as news,
:30:22. > :30:23.is he right? And, we hear from the doctor
:30:24. > :30:27.fired for questioning whether transgender children really
:30:28. > :30:30.know their own minds.