05/08/2011

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:00:07. > :00:11.More falls on the financial markets as fears about the global economic

:00:11. > :00:17.outlook continue. Europe's debt crisis casts a shadow over trading

:00:17. > :00:25.amid concerns about a new credit crunch. But investors are urged not

:00:25. > :00:30.to panic. I would in fact encourage now everybody to stay calm and

:00:30. > :00:33.breathe deeply. And see that the economic recovery is going on.

:00:33. > :00:38.In the United States, a better than expected report on jobs brings some

:00:38. > :00:41.relief but there are still fears of a double dip recession.

:00:41. > :00:44.The economic picture is a challenge for European leaders. Some are

:00:44. > :00:48.forced to interrupt their summer holidays to deal with the crisis.

:00:48. > :00:51.Also on tonight's programme: A British teenager is killed by a

:00:51. > :00:58.polar bear in northern Norway. Those on the trip with the 17-year

:00:58. > :01:03.old say they were prepared for the risk. We had flares that we shot at

:01:03. > :01:05.them to shoot at them, make lots of noise, because shooting is a last

:01:05. > :01:07.resort. The simple test that could be a

:01:08. > :01:15.lifesaver. A groundbreaking study suggests all newborns should be

:01:15. > :01:23.screened for heart defects. And opening night at the Fringe. We

:01:23. > :01:27.meet the veterans and the young hopefuls at Edinburgh this year. I

:01:27. > :01:32.will be here with sports day later in the are on the BBC News channel

:01:32. > :01:42.including a look ahead to the new champions season and a brand new

:01:42. > :01:52.

:01:52. > :01:55.Good evening. Welcome to the BBC News at Six.

:01:55. > :02:00.It's been another tense day on the world's stock markets with more

:02:00. > :02:03.losses caused by fears about debt and stagnant growth. Despite better

:02:03. > :02:08.than expected jobs figures from the United States, and an appeal from

:02:08. > :02:11.the EU to stay calm, the share sell-off continued today. In a

:02:11. > :02:14.moment we will be analysing the reasons behind the instability. But

:02:14. > :02:23.first our Business Editor Robert Peston on another day of market

:02:23. > :02:26.turmoil. 24 hours of turmoil on markets.

:02:26. > :02:31.Share prices plunged yesterday in Germany and the rest of Europe

:02:31. > :02:35.infecting the Americans, Brazil and the USA. Overnight, it spread to

:02:36. > :02:40.Asia, Japan, China, Hong Kong, Singapore and then back to Europe

:02:40. > :02:45.and the UK today. Almost three trillion pounds wiped off shares

:02:45. > :02:49.worldwide. The crisis was triggered by growing fears that Italy and

:02:49. > :02:54.Spain would be unable to repay their debts. It led to a rise in

:02:54. > :02:57.their borrowing costs. That for a brief moment was stemmed on July

:02:57. > :03:01.21st when the government said they would agree a new support package

:03:02. > :03:07.but the fears of investors and creditors revived and Italy and

:03:07. > :03:12.Spain's borrowing costs rose to dangerous levels. I would encourage

:03:12. > :03:18.now anybody to stay calm and breathe deeply. And see that the

:03:18. > :03:22.economic recovery is going on. It's important that we protect ourselves

:03:22. > :03:26.from the turbulence. This work is going on day and night. It's

:03:26. > :03:31.tempting to see this as having very little relevance to most of us, but

:03:31. > :03:37.they directly affect our pensions and they may say a good deal about

:03:37. > :03:40.the confidence of companies to invest and create jobs. When bank

:03:40. > :03:44.shares for it could tell you about their ability to borrow and when

:03:44. > :03:50.they can't borrow they find it hard to lend and when they can't lend,

:03:50. > :03:53.the economy weakens. This afternoon there was a brief recovery in share

:03:53. > :03:58.prices after US unemployment figures turned out to be better

:03:59. > :04:01.than feared. But the respite was short-lived. What I want the

:04:02. > :04:06.American people and our partners around the world to know is this.

:04:06. > :04:12.We will get through this. Things will get better. We are going to

:04:12. > :04:18.get it together. If the problem is the excessive debt of which Western

:04:18. > :04:21.countries, is there a painless solution? No, I'm afraid. What it

:04:21. > :04:26.amounts to his people will have to accept that governments will be

:04:26. > :04:30.smaller, and will spend less, so there will be less public sector

:04:30. > :04:34.employment, fewer jobs in the public sector, and less expenditure

:04:34. > :04:39.on things like health care and pensions and education. Bank shares

:04:39. > :04:45.have been particularly badly hit with Barclays Bank down 17%, of

:04:45. > :04:50.Bank of Scotland, 20%, and Lloyds Bank, 24% down. Today while Bank of

:04:50. > :04:53.Scotland said it was back in their red to �1.4 billion for the first

:04:53. > :04:58.six months of the year because of losses of more than �800 million on

:04:58. > :05:02.its loans to Greece. How bad can it get? It we would be stupid not to

:05:02. > :05:06.be cautious and alert to the sick of it and risks out there which can

:05:06. > :05:10.turn bad, but I think the probability is that the world does

:05:10. > :05:17.not turn overnight from a place which is slowly recovering to a

:05:17. > :05:23.place which is a disaster area. Commodities markets fall in lead,

:05:23. > :05:26.copper zinc and a turn say we or risk being burned in the white heat

:05:26. > :05:29.of markets. Well, the fears over Italian and

:05:29. > :05:32.Spanish debt have cast a particular chill over investors, despite the

:05:32. > :05:36.EU insisting that neither economy needs a bail-out. There is now a

:05:36. > :05:40.combination of worries on both sides of the Atlantic. And concern

:05:40. > :05:42.that the political leadership in Europe isn't acting decisively. Our

:05:42. > :05:48.Economics Editor Stephanie Flanders looks now at the growing financial

:05:48. > :05:53.fears. You might wonder why the markets

:05:53. > :05:57.are panicking right now? After all, didn't we have good news America

:05:57. > :06:02.wasn't going to default on its debt? Investors aren't just worried

:06:02. > :06:08.about that, but worried about growth. The .. Concern is there but

:06:08. > :06:12.the bigger problem is a broader sense that the pace of recovery is

:06:12. > :06:16.unusually weak compared with the past. It's the biggest in the post-

:06:16. > :06:20.war period by a considerable margin and the underlying problem is to do

:06:20. > :06:25.with debt and the fact, whether it's in the private, corporate

:06:25. > :06:29.sector, public sector, everyone is trying to repay their debts. In the

:06:29. > :06:33.eurozone, fear of slow growth has fuelled fears of a level of

:06:33. > :06:38.government debt of. Investors worry if Italy and Spain can't grow, they

:06:38. > :06:41.won't be able to control their borrowing and because they are all

:06:41. > :06:45.tied together by a single currency, the problems of individual

:06:45. > :06:50.countries have turned into a problem for everyone. So what can

:06:50. > :06:53.world leaders do to stem the panic? They might want to rethink their

:06:53. > :06:57.holiday plans for a start. The leaders of France, Germany and

:06:57. > :07:00.Italy are away from their desks, though David Cameron interrupted

:07:00. > :07:05.his break today to chat with the Governor of the Bank of England.

:07:05. > :07:09.What in the world can they do about this? If it continues, the central

:07:09. > :07:14.banks may act. The European Central Bank is under pressure to support

:07:14. > :07:17.countries by buying more of their debt. If that the USA recovery

:07:17. > :07:23.stumbles you may see their central bank pumping more money into the

:07:23. > :07:27.economy. And what can government in the eurozone do? Well, we could see

:07:27. > :07:31.them off on a budget cuts, which could happen in Italy. What

:07:31. > :07:36.investors want to see is all countries acting together to create

:07:36. > :07:43.a bigger bail-out fund perhaps. And maybe even guaranteeing troubled

:07:43. > :07:47.country's debts. These are steps Germany refused to take. You might

:07:47. > :07:51.wonder what this means for us in Britain. After all, we didn't sign

:07:51. > :07:57.up for the euro. But we are fully paid-up members of the global

:07:57. > :08:01.economy. No country is immune from these problems. Clearly, there are

:08:01. > :08:04.global financial market problems here. But we, in Britain, are not

:08:04. > :08:08.in the firing line of these problems because of the difficult

:08:08. > :08:13.decisions we have taken over the last year to bring spending under

:08:13. > :08:16.control, to bring down borrowing, controlled debtor. We are able to

:08:16. > :08:20.borrow at low rates of interest because the financial markets have

:08:20. > :08:25.confidence in what we're doing. is true, the market are not so

:08:25. > :08:29.worried about Britain's debt, but another reason our costs are low is

:08:29. > :08:33.because investors are worried about growth here as well. Our recovery

:08:33. > :08:37.hopes are pinned on banks' lending more and companies exporting more.

:08:37. > :08:40.None of that would happen if the worries in the last few days get

:08:40. > :08:43.out of hand. Let's get more reaction now. In a

:08:43. > :08:47.moment, our North America Editor Mark Mardell. But first to Brussels

:08:47. > :08:51.and our Europe Editor Gavin Hewitt. All this talk about Italy and Spain

:08:51. > :08:56.is continuing. How much pressure do think leaders are under to do

:08:56. > :09:00.something decisive about this? they are under huge pressure. Two

:09:00. > :09:05.weeks ago they leapt at a summit believing they had done enough for

:09:05. > :09:09.them to go away on holiday. They expand the powers of their main a

:09:10. > :09:15.rescue fund and then along came Italy. Under pressure. A country of

:09:15. > :09:21.low growth and high debt. 1.6 trillion pounds, too big to be

:09:21. > :09:26.bailed out, so the question was, what is the plan? Some say the

:09:26. > :09:30.rescue plan, it will have to be expanded again. Others say what

:09:30. > :09:34.Europe needs is for all its debts to be put together in a common

:09:34. > :09:39.European debt, but the Germans don't like that one bit. An example

:09:39. > :09:43.of how complicated this is. I'm getting the impression tonight of

:09:43. > :09:47.European leaders scrambling to come up with a plan. There are phone-

:09:47. > :09:51.calls going on for the David Cameron got involved, talking to

:09:51. > :09:54.Angela Merkel and just about now, the Italian prime minister Silvio

:09:54. > :09:58.Berlusconi will have to hold a press conference. He is under

:09:58. > :10:03.pressure to convince the markets that he is serious about bringing

:10:03. > :10:07.forward austerity measures now and if he does that, he might get some

:10:07. > :10:12.support from the European Central Bank, but this is a very messy

:10:12. > :10:16.situation here in Europe. On your side of pedantic, we had jobs

:10:16. > :10:20.figures out today which were a relief to many investors. -- on

:10:20. > :10:24.your side of the Atlantic. Does it mean there is light at the end of

:10:24. > :10:29.the tunnel? People were braced for a really bad figures and did not

:10:29. > :10:33.get that. It tells you something when an unemployment rate of 9.1%,

:10:34. > :10:37.hardly moving at all, is considered good news. People are looking for

:10:37. > :10:41.tell-tale signs that they might be another recession, and that is why

:10:41. > :10:45.it was a relief it didn't give but evidence but there is hardly any

:10:45. > :10:49.growth in the American economy at all. That is the underlying problem.

:10:49. > :10:53.Barack Obama said things will get better but I didn't hear any new

:10:53. > :10:57.policies from him. No reasons why things should get better. The

:10:57. > :11:05.economy is very fragile. There is not much politicians can do except

:11:05. > :11:09.watch and wait for the thanks to you both. And there's more on the

:11:09. > :11:12.crisis and what it might mean for you in a special section of the BBC

:11:12. > :11:17.website. A 17-year-old British tourist has

:11:17. > :11:21.been killed by a polar bear in the Norwegian Arctic. He has been named

:11:21. > :11:24.as Horatio Chapple, a pupil from Eton College who was from Sailsbury.

:11:24. > :11:27.Four others were injured in the attack on a camp in the Svalbard

:11:27. > :11:36.Islands in northern Norway. The injured have been flown by air

:11:36. > :11:40.ambulance to Tromso. Bridget Kendall reports.

:11:41. > :11:45.Airlifting casualties to hospital from the remote archipelago of

:11:45. > :11:50.Svalbard in northern Norway. It won a British 17-year-old dead, four

:11:50. > :11:54.members of the group injured. Two of them severely. An expedition of

:11:54. > :12:00.British students on an Arctic camping adventure of a lifetime. It

:12:00. > :12:04.turned into a tragedy. It is the chance of seeing a polar bear in

:12:04. > :12:09.their natural habitat which is one of the top attractions of trips

:12:09. > :12:17.here. Nearly 3,000 polar bears roaming wild admits the stunning

:12:17. > :12:20.landscape. The expedition at website talks of an arctic

:12:20. > :12:24.adventure of sea ice and the polar bears they were dreaming of seeing,

:12:24. > :12:29.but they got too close and the attack, it seems, came this morning

:12:29. > :12:34.while they were camped out on a remote glacier. Having spoken to

:12:34. > :12:42.the family, we are now able to advise the young explorer who died

:12:42. > :12:47.this morning is Horatio Chapple. He was a fine young man. He was hoping

:12:47. > :12:50.to go on to read medicine after school. The British Schools

:12:50. > :12:54.exploring Society that organise the trip is based here in central

:12:54. > :12:59.London. Their expeditions are void and people in their late teens and

:12:59. > :13:04.early twenties for an experience of self-discovery in some of the

:13:04. > :13:09.world's last true wildernesses. Holidays to zones like Svalbard,

:13:09. > :13:16.where polar bears roam free, are dangerous. This boy flew home early

:13:16. > :13:20.because of frostbite. He says they had training. They taught us to use

:13:20. > :13:28.rifles and Fuller's pub every night we set them up around the camp and

:13:28. > :13:32.had wires along it. -- flares. We had an empty shotgun round and made

:13:32. > :13:35.a loud bang and it's supposed to scare away the polar bears. It's

:13:35. > :13:41.not clear what went on this morning but as polar bear habitats are

:13:41. > :13:44.melting, encounters with humans are getting more common. If the ice has

:13:44. > :13:47.gone away from the land and there is a lot of open water, they would

:13:47. > :13:52.have to stay on the land and they get very, very hungry. There's

:13:52. > :13:55.nothing for them to beat. Britain's ambassador and the chief executive

:13:55. > :13:58.of the travel company are under way to northern Norway were the injured

:13:58. > :14:03.are being treated. The circumstances are being

:14:03. > :14:06.investigated. It's almost 6:15pm.

:14:06. > :14:11.Our top story tonight. More falls on the financial markets as fears

:14:11. > :14:15.about the global economic outlook continue.

:14:15. > :14:23.How many comedians can there be? We are live at the Edinburgh Festival

:14:23. > :14:26.at the Assembly gardens. Kevin is one of 430 comedians. I will be

:14:26. > :14:30.here with sports day later on the BBC News channel including a close

:14:30. > :14:40.look at this weekend's rugby union international with so much to play

:14:40. > :14:45.

:14:45. > :14:49.for. The World Cup is one month Could one simple test be

:14:49. > :14:53.potentially life-saving for newborn babies with heart defects?

:14:53. > :14:57.Scientists are now recommending routine screening after a

:14:57. > :15:00.successful study involving thousands of babies in the West

:15:00. > :15:05.Midlands. A painless test which measures oxygen levels and a baby's

:15:05. > :15:09.blood, could alert doctors to heart problems which would otherwise be

:15:09. > :15:12.missed. We can go live to Birmingham Women's Hospital and our

:15:12. > :15:16.health correspondent, Branwen Jeffreys.

:15:16. > :15:21.All newborn babies get routine tests and normally they heart would

:15:21. > :15:26.be listened to by a stethoscope. This study suggests this simple

:15:26. > :15:31.monitor used by midwives could pick up far more heart problems.

:15:31. > :15:37.Just born, tiny and perfect and about to be woken for a simple test.

:15:37. > :15:41.I am going to do the baby's oxygen levels. A monitor on the for it

:15:41. > :15:45.shows how much oxygen is in the blood. A low level could be a

:15:45. > :15:50.warning sign of possible heart problems. Athena's reading is that

:15:50. > :15:57.a healthy level. Anything much lower and doctors would immediately

:15:57. > :16:01.asked for eight detailed scan of the heart. That is what happened

:16:01. > :16:06.with Sam. He is now a happy, healthy three-year-old but the test

:16:06. > :16:11.picked up a serious problem. It meant he could have life-saving

:16:11. > :16:16.keyhole surgery where he was just a few days old. Luckily, they picked

:16:16. > :16:20.it up really quickly. They did the test and it progressed quickly to

:16:20. > :16:23.the paediatrician down to the intensive care unit in the

:16:23. > :16:28.children's hospital. It happened really quickly. If it had not been

:16:28. > :16:34.done, who knows when it would have been picked up? This study into

:16:34. > :16:39.heart defects in babies is the largest of its kind. Around one in

:16:39. > :16:45.145 babies are born with some kind of hard problem. Up to 50 % are

:16:45. > :16:48.detected in pregnancy when the mum has an ultrasound. The research in

:16:48. > :16:54.today's Lancet says 92 % would be found if a blood oxygen test was

:16:54. > :16:58.also carried out on all newborn babies. That is why the research

:16:58. > :17:04.here is attracting interest from around the world. It is not very

:17:04. > :17:07.common but it can be very serious, it can be devastating. It is a

:17:07. > :17:12.common list form of death in infancy from a congenital

:17:12. > :17:18.malformations and it is one of the leading causes of Infant Death in

:17:18. > :17:23.the developed world. Because of a difference it has made to children

:17:23. > :17:26.like Sam, the hospital has already adopted this Test and as it is

:17:26. > :17:31.simple and cheap, there are hopes that it might be introduced across

:17:31. > :17:35.the UK. That decision will be made by

:17:35. > :17:41.experts who advise the government on screening programmes. They will

:17:41. > :17:45.get a full report on this research later this year.

:17:45. > :17:49.The energy company, E.on, has said it will increase its gas and

:17:49. > :17:55.electricity prices. Gas will go up by 18 % while a electricity is set

:17:55. > :17:58.to rise by 11 % from next month. If E.on is the 4th of the Big Six

:17:58. > :18:01.supplies to raise prices. One of the three people jailed over

:18:01. > :18:07.the death of baby Peter Connolly has been freed from prison after

:18:07. > :18:12.serving half of his sentence. Jason Owen was jailed for six years in

:18:12. > :18:15.May 2009 for causing or allowing the death of the 17 month-old.

:18:15. > :18:20.The Libyan government has denied reports that one of Colonel

:18:20. > :18:23.Gaddafi's sons has been killed in a NATO air strike. It is the second

:18:23. > :18:28.time this year that Khamis Gaddafi has been reported killed. It comes

:18:28. > :18:32.as fierce clashes continue between pro-Gadaffi forces and rebel

:18:32. > :18:37.fighters. In western Libya, they say they are running dangerously

:18:37. > :18:44.low on ammunition. Despite this, the rebels say they have taken new

:18:44. > :18:50.ground. Orla Guerin reports. Coming to bury a mother and her two

:18:50. > :18:54.young children. Victims of a NATO air strike, the regime claims. It

:18:54. > :19:00.brought journalists to Zlitan to witness their funerals. NATO says

:19:00. > :19:03.it hit a command and control centre but it is looking for more details.

:19:03. > :19:12.In the town centre, there was quiet. It is still under government

:19:12. > :19:17.control. But the rebels are battling to change that. For two

:19:17. > :19:23.month they have been advancing on Zlitan. The furthest they have got

:19:23. > :19:28.is the suburbs. And they have needed plenty of help from above.

:19:28. > :19:33.This is one of the latest air strikes by the RAF which has been

:19:33. > :19:39.pounding targets in and around the town, destroying some of the

:19:39. > :19:43.regime's concealed weapons. At the front line, we found this rebel

:19:43. > :19:48.brigade resting during a lull in the fighting. A source told us the

:19:48. > :19:54.rebels cannot advance much further because they are dangerously low on

:19:54. > :19:59.ammunition. This amateur army is running on empty. The fight is here

:19:59. > :20:02.say they still have to rely on a lot of home-made improvised weapons,

:20:02. > :20:07.like this anti-tank gun which has been altered to a pick-up truck.

:20:07. > :20:11.They have managed to capture some arms from Colonel Gaddafi's forces.

:20:11. > :20:15.They took this anti-aircraft gun about a week ago but they said they

:20:15. > :20:19.often run short of ammunition, sometimes they have to wait for

:20:19. > :20:27.days to be resupplied and at times, there have been down to their last

:20:27. > :20:35.box of bullets. TRANSLATION: Well, what can I say? Our ammunition

:20:35. > :20:40.could run out any time now. I have made enough for one or two days.

:20:40. > :20:45.The commander took me to a lookout post, to get a rare glimpse of

:20:45. > :20:50.Colonel Gaddafi's men. Their way across the sand dunes, about two

:20:50. > :20:55.kilometres away, visible with binoculars and perhaps, watching us,

:20:55. > :21:01.too. The rebels want to flush them out so they can push on towards

:21:01. > :21:05.Tripoli. The capital is just an hour and a half's drive away, a

:21:05. > :21:13.tantalising prospect. But the fighters say, to get there, the

:21:13. > :21:16.least they need is bullets. At a care group which provides

:21:16. > :21:21.services for people with learning difficulties in Scotland and the

:21:21. > :21:25.North of England has gone into administration. Choices Care

:21:25. > :21:28.employers 1,400 staff and looks after 800 people. The

:21:28. > :21:32.administrators say they have sold part of the business, safeguarding

:21:32. > :21:35.500 jobs and providing continuity of some services.

:21:35. > :21:43.Are just two weeks after bidding farewell to its manned space

:21:43. > :21:48.programme, NASA has launched an ambitious new mission. Ignition and

:21:48. > :21:52.left of. This time it is a solar- powered spacecraft called Juno

:21:52. > :21:56.which is now on reached to Jupiter. The scientists hope the mission

:21:56. > :22:01.will give them a greater understanding about how planets,

:22:01. > :22:06.including the Earth, were formed. The journey will take five years.

:22:06. > :22:10.The curtain is about to go up on the country's largest arts festival.

:22:10. > :22:16.It is opening night at the Edinburgh Fringe. Once again,

:22:16. > :22:20.comedians are the main draw. 600 comedy acts will take to the stage.

:22:20. > :22:26.David Sillitoe is inside one Edinburgh venue.

:22:26. > :22:30.It is one of the strangest and newest and venues. This is in the

:22:30. > :22:36.heart of Edinburgh. It is a giant inflatable sculpture. While the

:22:36. > :22:39.rest of the economy were -- may be struggling with growth, the

:22:39. > :22:44.Edinburgh Festival gets bigger and bigger every year, especially

:22:44. > :22:48.comedy. The biggest arts festival in the

:22:48. > :22:54.world is bigger than ever. And it is rather daunting for a new

:22:54. > :23:00.comedian. This is Jessica Forteskew, her venue is called the Wee Room.

:23:00. > :23:06.She knows she will lose money. have done comedy for three years

:23:06. > :23:13.now. I feel like I have finished my A-levels and now I am paying to go

:23:13. > :23:19.to university. You will lose thousands? Yes. Yes! You sound like

:23:20. > :23:24.my parents! It is really hard to justified to anyone who is not a

:23:24. > :23:27.comedian but you have got to do it. There are now more than 2000

:23:27. > :23:32.working comedians in Britain and even the established ones will come

:23:32. > :23:38.here to sell a new show, especially when it is a departure from the

:23:38. > :23:41.norm such as Ruby Wax's looking at the topic of mental illness.

:23:41. > :23:50.wanted tour around the world and we are presenting it like the buffet

:23:50. > :23:56.for people to say I would like it in Korea or Japan. Pick a card. I

:23:56. > :24:01.will call way. Back when his Paul Daniels was just beginning on card

:24:01. > :24:09.tricks, the French really was a fringe event. Now 30 years on, he

:24:09. > :24:13.is now a devotee -- the fringe. am so in love with Edinburgh and so

:24:13. > :24:21.in love with the Fringe. It is a great place to be. I have chatted

:24:21. > :24:27.with Dave Gorman, Bobby Crush, Lorraine Chase and a metre. --

:24:28. > :24:32.Anita. Everybody is here. So there it is, the Edinburgh Fringe,

:24:32. > :24:36.University come trade show, come holiday camp for Britain's

:24:36. > :24:42.comedians young and old. And the card? I did not take my finger off

:24:42. > :24:47.it. How does he do that? Utterly baffling. We are outside

:24:47. > :24:50.now and you can see the crowds are here for opening night. There is

:24:50. > :24:56.one reflection, there is a bit less money around, this year, more than

:24:56. > :25:05.600 of the shows are free. It looked very nice in Edinburgh,

:25:05. > :25:08.let's have a look at the weekend There will be rain in Edinburgh

:25:08. > :25:12.this weekend for sure and for all of us, it will be a cooler weekend

:25:12. > :25:20.and there will be some rain around as well. Not the nice weather that

:25:20. > :25:25.we had today. Gradually, the trend will be for it to cloud up from the

:25:25. > :25:32.West. One or two showers breaking up from the end of the night. A

:25:32. > :25:38.loss of humidity. It might start off bright way you are. The trend

:25:38. > :25:43.to cloud things up will continue. Don't take Kiditel to victory but

:25:43. > :25:48.things will deteriorate and showers will become quite widespread --

:25:48. > :25:54.don't take the detail too literally. Northern Ireland will hang on to

:25:54. > :25:59.some brightness in the afternoon. One or two showers across Wales and

:25:59. > :26:04.a good deal of cloud. The temperatures will be in the mid- to

:26:04. > :26:10.high teens. Some showers will be heavy and prolonged. There will be

:26:10. > :26:17.a breeze for the sailors at the start of Cowes Week. Some

:26:18. > :26:22.brightness in south-east England, East Anglia and the Midlands. We

:26:22. > :26:26.run into trouble in northern England. Here, the rain will turn

:26:26. > :26:31.heavier and more persistent and potentially, a prolonged spell of

:26:31. > :26:36.wet weather moving its way slowly northwards into south-east and

:26:36. > :26:45.Scotland. This could cause some problems. We could see 20 to 30 mm

:26:45. > :26:53.of rain widely and locally, if not 50 millilitres -- mm. On Sunday, it

:26:53. > :27:02.is more of the same. In the best of the brightness, high teens, low

:27:02. > :27:05.twenties. For most of us, not a A reminder of to a's main news:

:27:05. > :27:09.Stock markets around the world remain volatile with increasing

:27:09. > :27:14.fears that the economy could slip back into recession. Before we go,

:27:14. > :27:20.we can get a final word with Robert Peston. It has been such a bruising

:27:20. > :27:25.week, where should - and where will this leave us? We should certainly

:27:25. > :27:30.be concerned because the underlying cause of the market turmoil is

:27:30. > :27:36.something that is serious and worrying. It is a combination of

:27:36. > :27:41.two factors. One is fears that the weak recovery of the economies in

:27:41. > :27:44.the rich West, that recovery will get even weaker and also that a

:27:44. > :27:49.number of eurozone countries, indebted eurozone countries, Italy

:27:49. > :27:54.and Spain in particular, they will have growing difficulties repaying

:27:54. > :27:58.their debts. The problem is when investors and creditors start have

:27:58. > :28:02.their concerns, they can be self- fulfilling because it becomes even

:28:02. > :28:06.more expensive for countries like Italy and Spain to borrow. It

:28:06. > :28:11.becomes more expensive for banks to borrow. It becomes more expensive

:28:11. > :28:16.for companies to borrow and you get into this cycle of decline of lower

:28:16. > :28:23.investment, low a confidence. The have got to get out of this cycle

:28:23. > :28:26.of fear. Some measures may be taken pretty soon. We expect the Prime

:28:27. > :28:32.Minister of Italy to make a statement this evening, saying he

:28:32. > :28:38.is taking steps to reduce the deficit in Italy, to start of

:28:38. > :28:42.perhaps paying down their large debt over time. That make his lead