:00:11. > :00:16.A done deal. Yuers leaders agree to a plan to fix the region's debt
:00:16. > :00:26.crisis. The markets breathe a sigh of relief for now, but when will we
:00:26. > :00:35.
:00:35. > :00:45.Welcome to GMT. Also in the programme. Thousands of people flee
:00:45. > :00:46.
:00:46. > :00:51.the Thai capital Bangkok as floodwaters don't wreak havoc. --
:00:51. > :00:59.continue to wreak havoc. Two of Africa's biggest music stars lead a
:00:59. > :01:04.campaign on the silent killer, the growing market in fake medicines.
:01:04. > :01:09.It is 12.30 here in London. 7.30am in Washington and 1.30 in Brussels
:01:09. > :01:13.where a sense of leaf has replaced one of anxiety that was felt 24-
:01:14. > :01:17.hours ago. European leaders have reached an agreement to tackle the
:01:17. > :01:22.eurozone's debt crisis. First of all, private banks holding Greek
:01:22. > :01:25.debt are to accept a loss of 50% and that would help to reduce the
:01:25. > :01:31.country jeevers A-level all debt. The eurozone's main bail out fund
:01:31. > :01:41.will be increased, to 1 trillion euro, a significant increase boost
:01:41. > :01:44.to its firepower and banks will be forced to raise more capital. Our
:01:44. > :01:50.correspondent Andrew Walker is following events and the fall out
:01:51. > :01:56.in Brussels. So they have finally done it. It was a painful
:01:56. > :02:00.experience, but the deal was done. Now, the agree was rubber-stamped
:02:00. > :02:04.here in Brussels but it is always worth remembering that the real
:02:04. > :02:09.muscle behind the eurozone, s its existence and any prospect of
:02:09. > :02:14.clambering its way out of this crisis is in Germany. It is the
:02:14. > :02:19.financial muscle of the German economy. That is why we report from
:02:19. > :02:25.Berlin. It was billed as a make or break summit. The leaders of Europe
:02:25. > :02:30.negotiating over who picks up bills of billions of euros. Late in the
:02:30. > :02:33.night, agreement on how to ease the burden on Greece, and boost the
:02:33. > :02:36.rescue fund. The world wanted to see we could stand the test of this
:02:36. > :02:42.deep economic crisis and I think that tonight we Europeans have
:02:42. > :02:49.shown that we have made the right decisions. I believe the result
:02:49. > :02:52.will be greeted with satisfaction by the world. Today I think we can
:02:52. > :02:55.close a chapter. I think we can now start with all our strength to
:02:55. > :03:01.start working on a new future for our country. In all the dams
:03:01. > :03:06.involved there is a feeling that the agreement has prevented a
:03:06. > :03:09.potential serious collapse of economies. We moved a big step
:03:09. > :03:13.ahead to stabilise the euro and solve the problems in Greece. Not
:03:13. > :03:19.just in the short-term, but it opened the door for threatty
:03:19. > :03:22.changes. These good measures, and this is our demand, must lead to
:03:22. > :03:26.their fixation in the Lisbon Treatys. Here at the German
:03:26. > :03:31.Parliament the common view is it was a triumph for America. She got
:03:31. > :03:35.what she wanted in her negotiations with France for example ifrplt has
:03:35. > :03:41.been perceived as strengthening her in German politics and in European
:03:41. > :03:45.politics. The rescue fund for the euro, the European Financial
:03:45. > :03:49.Stability Facility, will be beefed- up by complicated financial device,
:03:49. > :03:59.so it acts more like an insurance fund, but details remain to be
:03:59. > :04:00.
:04:00. > :04:04.decided. We have identified two approaches for the ESFF. It aims at
:04:04. > :04:08.Griffing credit enhancement to bonds issued by member states, and
:04:09. > :04:15.the second approach, the fund could set up one or several special
:04:15. > :04:20.purpose vehicles to finance its operations. Each option could lead
:04:20. > :04:25.to leverage of up to four or five times. And the banks have agreed to
:04:25. > :04:32.write off half of what they lent to Greece, but some are conceding that
:04:32. > :04:35.this won't break them. The second biggest bank in Germany will lose
:04:36. > :04:39.750 million euros. Half the profit it made last year. Whether the
:04:39. > :04:44.agreement works will depend on economic growth. If recession
:04:44. > :04:47.returns in Europe, and North America, then the finances of all
:04:47. > :04:57.countries get worse. But if economies pick up, then the
:04:57. > :05:01.measures agreed by leaders have a fighting chance of success. And of
:05:01. > :05:04.course, there is this great sense of relief that a deal has been done,
:05:04. > :05:09.but there are plenty of uncertainties about it. Not least
:05:09. > :05:12.the amount of detail that still needs to be filled in. And of
:05:12. > :05:17.course all these eurozone leaders were determined to make their voice
:05:17. > :05:19.heard during these talks, but also they had to convince the
:05:19. > :05:24.international community, the rest of the world that they know what
:05:24. > :05:28.they are doing. Christian Frazer tweeted that President Sarkozy has
:05:28. > :05:34.spoken to the Chinese premier in the last hour. The message now I
:05:34. > :05:37.suppose is we need help, we need support, but we are on top of this.
:05:37. > :05:40.They need to send a message to financial marks to generate
:05:40. > :05:45.confidence there, but yes, they are also seeking financial help from
:05:45. > :05:49.some of the big emerging economies, the likes of China and President
:05:49. > :05:52.Sarkozy has been speaking, and in addition, the head of the European
:05:52. > :05:57.Financial Stability Facility, the bail out agency is planning to go
:05:57. > :06:01.to China, to try and persuade them to invest in some new fund. There
:06:01. > :06:04.will be more of that kind of initiative to try and beef up the
:06:04. > :06:11.resources that are available for putting a backstop behind
:06:11. > :06:17.struggling European Governments. will see how it pans out. Thank you.
:06:17. > :06:21.With me here is David Buik from BGC Partners. The deal is done, but of
:06:21. > :06:25.course, we have heard from Sally, we were looking at the business new,
:06:25. > :06:33.we heard from Andrew the devil is in the detail, they need to
:06:33. > :06:38.convince the world it will work. Absolutely. To pick up the point
:06:38. > :06:42.about Hu Jintao phone call from Nicolas Sarkozy. China has its own
:06:42. > :06:46.problems. That is pes Mick tick. they are going to step up to the
:06:46. > :06:51.plate they are hard bargainer, one of the things we were talking about
:06:51. > :06:57.in the detail is where does this 1.4 billion dollars or euros come
:06:57. > :07:01.from. How it is going to work? How much of it is insurance policy? How
:07:01. > :07:04.much will be segregated to sov win wealth fund, hopefully if things
:07:04. > :07:10.are sorted out properly they will come up to the plate and deal with
:07:10. > :07:13.it. This is a big ask. Sounded woundful the way President Sarkozy
:07:13. > :07:17.said 1.4 million dollar, I repeat dollars, because this is a global
:07:17. > :07:22.situation. He is dead right. But I wouldn't count too much on the
:07:22. > :07:27.Chinese. Don't take a job in impert naiting French Presidents in the
:07:27. > :07:31.future. Of course! No longer can it be seen, the eurozone can't be seen
:07:31. > :07:35.as France and Germany driving the economy, it is a whole area, that
:07:35. > :07:39.that is in trouble and it need to grow. How is the world economy
:07:39. > :07:43.going to be affected? It will be affected really by what the banks
:07:43. > :07:48.can do to help for growth, and if they are going to have to increase
:07:48. > :07:51.the level of dam, which will mean almost certainly selling off asset,
:07:51. > :07:55.their ability to lend money to deserving causes is going to be
:07:55. > :07:59.much more restricted. Therefore it will be very important not only as
:07:59. > :08:03.the European Union got to drive for growth which is incredibly
:08:03. > :08:07.important, u otherwise we will fall into a vortex of recession, which
:08:07. > :08:10.we don't want to see. More important is they have to cut the
:08:10. > :08:14.debt. People like Silvio Berlusconi of Italy who has a very difficult
:08:14. > :08:18.job, running the most difficult coalition Government in Italy
:08:18. > :08:22.imaginable. He will have to sell off five billion euros worth of
:08:22. > :08:27.debt every year, in probably the next ten years. It is a huge ask
:08:27. > :08:32.when you think if you draw a line under the Po valley all the wealth
:08:32. > :08:35.is above that and be loit they have serious problems ch? We talk about
:08:35. > :08:40.how the world looks tat eurozone economy and the impact of that.
:08:40. > :08:45.What about me? What about our viewers? How will it affect our
:08:45. > :08:51.purses our wallets? Where will we feel the pinch? Is it going to
:08:51. > :08:56.improve? A start has been made. That is why markets rally. Banks
:08:56. > :09:01.are up 9%. From a serious trash level. That is a relief rally. No
:09:01. > :09:07.more, no less. The rest of the companies are mean and lean and
:09:07. > :09:10.they will drive decent profit, to you and I, my grandchildren and my
:09:10. > :09:16.great-grandchildrem are going to pay for this. It will be very tough
:09:16. > :09:19.going in the next five to ten years. It is going to require an absolute
:09:19. > :09:23.global approach to balancing out the imbalances of the world's
:09:23. > :09:27.economy. It will need China in a big way, it will need the United
:09:27. > :09:34.States to stop taking political stances, and help deliver what can
:09:34. > :09:39.be the recovery of the world's economy. It will need it very badly.
:09:39. > :09:44.So December -- despite the few for owe you have been -- euphoria, you
:09:44. > :09:49.have been a reality check. It will have to take fantastic resolution
:09:49. > :09:55.from everyone. Thank you. Let us look at some of the other stories
:09:55. > :10:00.round the world. Thousands of people are fleeing the Thai capital
:10:00. > :10:05.Bangkok after the Government warped larged parts of the city could be
:10:05. > :10:09.inundated by floodwater. There is an expected flow with one front
:10:09. > :10:13.headed for central Bangkok. A five day holiday has been declared in
:10:14. > :10:17.the worst affected regions to allow people time to pack up and move.
:10:17. > :10:21.Our correspondent is following developments from the capital. I
:10:21. > :10:26.think it is fair to say anxiety has been rising over the past few days,
:10:26. > :10:30.in line with the floods. The water keeps rising and creeping deeping
:10:30. > :10:34.and as it does people look on nervously, those who can are in
:10:34. > :10:40.large numbers now heeding the authorities advice to get out of
:10:40. > :10:44.the city, at least for the next few days. This special holiday has been
:10:44. > :10:47.declared for flood after fens effected province, but that is 27
:10:47. > :10:50.including Bangkok. Those who can are trying to get out-of-town.
:10:50. > :10:53.There are plenty of others who are choosing to stay or have nowhere
:10:54. > :10:59.else they feel they can gox and they have been stock up on
:10:59. > :11:02.provision, so we have seen a decline in basic food stuffs like
:11:02. > :11:06.canned food, but crucially bottled water. The Government says it is
:11:06. > :11:10.trying to import more supplies but there are distribution problems as
:11:10. > :11:13.well as trying to source them in the first place. Severe flooding
:11:13. > :11:17.has hit several parts of Italy killing at least five people with
:11:17. > :11:21.eight more missing. Buildings and roads have been damaged and a huge
:11:21. > :11:27.clear up operation is under way. The worst affected areas are
:11:27. > :11:32.Tuscany and Liguria. A former Argentine naval intelligence
:11:32. > :11:37.officer known as the Blonde Angel of Death has been given a life
:11:37. > :11:42.sentence for torture and murder. Alfredo Astiz's victims included
:11:42. > :11:45.Human Rights activists and two French nuns. Others have being
:11:45. > :11:50.sentenced. Israel has agreed to another prisoner exchange, this
:11:50. > :11:55.time with Egypt. It is swapping 25 Egyptian prisoners for Israeli-
:11:55. > :11:57.American grap, he was arrested in June accused of spying. The deal
:11:57. > :12:02.comes days after houference Palestinian prisoners were
:12:02. > :12:07.exchanged for Gilad Shalit. The death toll from major earthquake
:12:07. > :12:11.that hit eastern Turkey on Sunday has climbed to 534. Rescuers
:12:11. > :12:14.continue to search through the rubble though hope is fading of
:12:14. > :12:21.finding many more alive. Many survives have complained about the
:12:21. > :12:26.slow distribution of aid. Queen Elizabeth is continuing her tour of
:12:26. > :12:30.Australia, she landed in Perth to continue her ten day tour of the
:12:30. > :12:35.country, there she visited a cookery class at a Aboriginal high
:12:35. > :12:39.school where kangaroo stew was on the menu. It included a display of
:12:39. > :12:45.dancing, before Her Majesty was presented with an Australian rules
:12:45. > :12:48.football. The Queen will depart for London on Saturday after hoping the
:12:48. > :12:53.Commonwealth Heads of Government Meeting. On the agenda of that
:12:53. > :12:57.meeting is the question of succession in the Royal Family. We
:12:57. > :13:06.will hear from Canada and Jamaica in a moment but first Nicholas
:13:06. > :13:09.Changes to both the British monarchy and the Commonwealth
:13:09. > :13:12.itself will be discussed at the meeting. Leaders of the 16
:13:12. > :13:15.countries which have the British monarch as head of state will
:13:15. > :13:20.consider a proposal from the British government that in future
:13:20. > :13:24.the eldest child of the heir to the throne should succeed to the throne,
:13:24. > :13:27.irrespective of whether they are male or female. Gender equality in
:13:27. > :13:30.the line of succession, a fundamental change in prospect.
:13:31. > :13:34.Then the leaders of all 53 countries will consider
:13:34. > :13:39.recommendations for what is known as the eminent Persons Group to try
:13:39. > :13:42.to make the Commonwealth more relevant. They are suggesting a
:13:42. > :13:46.commissioner for human rights and good governance, more power to the
:13:46. > :13:50.Commonwealth Secretary General and a Commonwealth charter. This does
:13:50. > :13:53.have the potential for disagreement, not least because one of the
:13:53. > :13:58.recommendations is that homosexuality should be legalised
:13:58. > :14:02.throughout the Commonwealth. When you consider that in around 40 of
:14:02. > :14:10.the 53 Commonwealth countries, sexuality is at the moment illegal,
:14:10. > :14:13.you see the potential for disagreement. Here in Canada, prime
:14:13. > :14:16.minister Stephen Harper says he supports what he recalled -- calls
:14:16. > :14:20.reasonable modernisation when it comes to the Commonwealth
:14:20. > :14:23.succession laws but says it is not a priority for Canadians and does
:14:23. > :14:27.not want to open up the debate in Parliament. In fact he says he has
:14:27. > :14:30.to concentrate on creating jobs and the economy. The royal family in
:14:31. > :14:34.Canada is very popular and this was evident in the summer when the Duke
:14:34. > :14:38.and Duchess of Cambridge came here and celebrated after their wedding
:14:38. > :14:42.and drew huge crowds in a media frenzy. Let's hear what other
:14:42. > :14:51.Canadians have to say about the possible change. I think it is a
:14:51. > :14:53.positive change. And I think it is something that would help keep the
:14:54. > :14:58.institution relevant, because otherwise they are alienating a
:14:58. > :15:02.huge group of people, young women. I think it is a potential change
:15:02. > :15:07.that should have been done a long time ago. I think that is just a
:15:07. > :15:12.sign of the Times that we are maybe growing a little bit more instead
:15:12. > :15:17.of being Neanderthal men. I don't think Canadians care one way or
:15:17. > :15:22.another, whether it is a male or female successor. Most people see
:15:22. > :15:28.their role as a figurehead role. For for many people in Jamaica they
:15:28. > :15:32.do not care about the Commonwealth they mean nothing. The idea that a
:15:32. > :15:38.woman should not be a monarch even if she is born first or has a
:15:38. > :15:43.brother later seems ridiculous. In this country some 45 % of
:15:43. > :15:48.households have a female at the head. The reigning king or queen
:15:48. > :15:52.doesn't make a difference to me or any way. It wouldn't make a
:15:52. > :15:57.difference in society, male or female, anyway. I think Jamaicans
:15:57. > :16:04.are more immersed in their own social and economic problems to be
:16:04. > :16:08.looking at the monarchy as any sort of panacea for their current ills.
:16:08. > :16:11.What bothers many Jamaicans here about the Commonwealth heads of
:16:11. > :16:19.government meeting is the fact that there is going to be a motion put
:16:19. > :16:23.forward that homosexuality's banner here the reverse. In this Christian
:16:23. > :16:26.country people do not want see things changed. Groups fighting for
:16:26. > :16:36.gay rights see things have to move forward, but for Jamaican see if
:16:36. > :16:39.
:16:39. > :16:43.they want things to stay as they are. Still to come: we have a big
:16:43. > :16:50.problem. It is time for you to kick bad habits about medicine as deadly
:16:50. > :17:00.weapons. A powerful warning about the deadly threat of fake medicines.
:17:00. > :17:02.
:17:02. > :17:05.We will be live in Nairobi to learn Time for the business news, and
:17:05. > :17:09.there is some euphoria in the market. The Yes, the markets have
:17:09. > :17:13.reacted favourably to the Eurozone deal. Investors now feel something
:17:14. > :17:17.definite has been done. However, as the day goes on there will be lots
:17:17. > :17:21.of questions. They want to recapitalise the banks, meaning
:17:21. > :17:25.they have to hold more money. If the banks have to hold more money,
:17:25. > :17:28.where will they get it from a what does that mean for us? Will the
:17:28. > :17:32.banks be able to lead the same amount of money they have been able
:17:32. > :17:37.to? And the bail-out fund as well, where again is the money coming
:17:37. > :17:45.from to strengthen that? Some say that although the markets are
:17:45. > :17:49.acting favourably at the moment, reality will probably soon sink in.
:17:49. > :17:53.The markets we have seen today with spreads tightening and the equity
:17:53. > :17:58.rebounding, that is likely to be a short-lived phenomenon. Once the
:17:58. > :18:03.questions are not answered, the uncertainty will come back in the
:18:03. > :18:07.financial markets. OK, a reality check. I suppose the deal marks the
:18:07. > :18:11.start of a very long process. have been talking about a marathon
:18:11. > :18:15.not a sprint. It has taken 14 summits to get here, so you can
:18:15. > :18:19.imagine how much more we will have in terms of talking and thrashing
:18:19. > :18:22.out the deal. But everybody is pleased that there is something
:18:22. > :18:27.definite in place, and also what is more pleasing to a lot of people is
:18:27. > :18:31.that there is a definite road map. We have got other milestones in the
:18:31. > :18:38.diary. Nick Fothergill is from the Royal Bank of Canada and he says at
:18:38. > :18:42.least there is a definite timeline that people can relate to. We have
:18:42. > :18:46.the G20 summit and then the euro- zone finance meeting, the ESF
:18:46. > :18:49.framework by November and even dear old Italy has got to come up with
:18:49. > :18:56.its first reaction to the pram by mid-November. European heads of
:18:56. > :19:00.state, eight on 9th December, then finally you have the signing of the
:19:00. > :19:04.treaty at the end of December. Nick Fothergill there. For months,
:19:04. > :19:08.we have been talking about this and we have been waiting throughout the
:19:08. > :19:13.14 summits, and the markets are doing well. It is an interesting
:19:13. > :19:17.point, because usually we have just seen changes are 0.5 %, but
:19:17. > :19:21.different today. It is very much a euphoric rally and a sigh of relief
:19:21. > :19:27.in some ways. Looking at the markets you will see the FT-SE 100
:19:27. > :19:32.is up 2.6 %, but looking at the bottom, the Italian stock exchange,
:19:32. > :19:37.up 777 points. Italy is a crucial point of the deal going forward. It
:19:37. > :19:42.has to, with its own austerity measures, but at the moments the
:19:42. > :19:45.market's reacting favourably and a sigh of relief that something that
:19:46. > :19:51.looks like a proper road map going forward. But as we keep saying, the
:19:51. > :20:01.devil is in the detail. D Taylor is the crucial word and also, at the
:20:01. > :20:07.
:20:07. > :20:12.Mona -- detail is the crucial word. I'm Naga Munchetty.
:20:12. > :20:16.The headlines: European stock markets have risen after European
:20:16. > :20:24.leaders worked late into the night to agree a plan to cut the Greek
:20:24. > :20:27.debt mountain and deal with the wider financial crisis.
:20:27. > :20:34.Residents of the Thai capital, Bangkok have been warned that parts
:20:34. > :20:36.of the city could be under water Members of South Africa's main
:20:36. > :20:41.opposition party, the Democratic Alliance, have elected a new leader
:20:41. > :20:44.for their party in parliament. They've chosen, Lindiwe Mazibuko,
:20:44. > :20:47.who becomes the first black leader of the official opposition, in the
:20:47. > :20:50.National Assembly. The vote's being seen as a big test for the
:20:50. > :21:00.Democratic Alliance as it tries to throw off its white image. Our
:21:00. > :21:02.
:21:02. > :21:07.Southern Africa Correspondent Karen The annual opening of Parliament is
:21:07. > :21:11.a colourful affair in every sense of the word. The ANC, South
:21:11. > :21:15.Africa's Party of Liberation, in government for the past 17 years,
:21:15. > :21:21.yet the opposition, historically supported by white voters, has just
:21:21. > :21:24.elected its first black leader of the National Assembly. This
:21:24. > :21:34.election is not a referendum on whether there is a place for black
:21:34. > :21:37.South Africans. Lindiwe Mazibuko. She is the face of the new
:21:37. > :21:42.Democratic Alliance. We have to crucially capture the disaffection
:21:42. > :21:46.people are feeling with the ANC at the moment. She was pitted against
:21:46. > :21:49.this man, a well-respected heavy weight. The Prix are going to be a
:21:49. > :21:55.party for all South Africans they must be a place for me and others.
:21:55. > :22:00.Although this is a contest in the main other parliament, it is also
:22:00. > :22:06.seen as a campaigning tool to woo black voters to a party still
:22:06. > :22:16.criticised for being far too wide. -- white. But look how things are
:22:16. > :22:21.Didier is trying to gain a foothold in the South African black
:22:21. > :22:27.provinces. -- the DEA. Scenes like this in Soweto would have been
:22:27. > :22:29.unthinkable years back, and critics say promoting the lady appeared to
:22:29. > :22:37.be window-dressing, but she does appear to have support at the top.
:22:37. > :22:42.The ANC Youth League has demeaned her as simply a servant. She is a
:22:42. > :22:46.puppet and per role must remain in the kitchen for making the tea.
:22:46. > :22:50.ugly racial reference to the bust. But some predict a strong black
:22:50. > :22:55.figure leading the opposition would help erode the ruling party's
:22:55. > :22:59.traditional power base. -- and ugly racial reference to the past.
:22:59. > :23:01.Staying with Africa now. Two of its biggest music stars, South Africa's
:23:01. > :23:04.Yvonne Chaka Chaka and Senegal's Youssou N'Dour, have put their
:23:04. > :23:07.names and voices to a campaign to combat a silent killer -
:23:07. > :23:10.counterfeit medicines. It's been estimated that in Africa, as well
:23:10. > :23:13.as some parts of Asia and Latin America, more than 30% of medicines
:23:14. > :23:19.on sale are fake. The World Health Organisation says these counterfeit
:23:19. > :23:21.have harmful effects and can be deadly. The range of fake drugs on
:23:21. > :23:28.the global market spans across all manner of medicines including
:23:28. > :23:31.antibiotics, steroids, anti- depression and anti-cancer pills.
:23:31. > :23:35.In the largest operation of its kind this year, an Interpol-
:23:35. > :23:41.supported task force seized drugs worth $6.3 million. They also shut
:23:41. > :23:44.down almost 13,500 websites that were engaged in illegal activity.
:23:44. > :23:54.Before we talk to Yvonne Chaka Chaka, let's have a look at the
:23:54. > :24:15.
:24:15. > :24:18.music video to the new song, which Proud, proud to be... Yvonne Chaka
:24:18. > :24:24.Chaka is launching the song tonight in Nairobi. She joins me live from
:24:24. > :24:27.our studio there. I would get the details of how you recorded the
:24:27. > :24:36.song and what was involved, but what inspired you to take up the
:24:36. > :24:41.cause? Thank you for having me. We are here in Nairobi today as a
:24:41. > :24:46.goodwill ambassador, which prompted me to do this, because we cannot be
:24:46. > :24:51.shouting and telling President to make sure that we want political
:24:51. > :24:57.will, and we cannot have women walking 40 kilometres to go and get
:24:57. > :25:05.medication whereas on the other side people are making sure that
:25:05. > :25:11.these counterfeit drugs... What a shame. Yvonne, can you hear me?
:25:11. > :25:16.Perhaps we can hear you rather than see you? How unfortunate. I do
:25:16. > :25:24.apologise for the loss of vision there. There has been a launch of a
:25:24. > :25:29.music video and a song called Proud to Be. The idea was to create this
:25:29. > :25:33.song to help highlight the issue of fake medicines on the market which
:25:33. > :25:36.are killing many, many people. If we can get her back, we will, but
:25:36. > :25:40.in the meantime we will will look at the fact that population growth
:25:40. > :25:44.is affecting us all, because in less than a week the Earth will be
:25:44. > :25:48.home to 7 billion people officially. We are running a series of special
:25:48. > :25:54.reports on population growth around the globe. Our China Correspondent
:25:54. > :25:59.finds out how mobile job-hunting is helping migrant workers.
:25:59. > :26:05.The booming city of changing it was where China's economic thrust first
:26:05. > :26:09.began. For over 30 years it has been a magnet for migrants in
:26:09. > :26:15.search of factory jobs. But now it is attracting a new breed of
:26:15. > :26:19.Chinese worker. I am a born entrepreneur. My father used to be
:26:19. > :26:23.an air force pilot. What I learned from him was to take calculated
:26:23. > :26:28.risks and then I started my business. Five years ago this man
:26:28. > :26:33.sold his house to finance a start- up. It began with just by people.
:26:33. > :26:37.But now the software firm has over two were hundred employees. He has
:26:37. > :26:43.designed an application that connects workers with factories. He
:26:43. > :26:50.was successful because the application was tailored to the