:00:13. > :00:15.Welcome to BBC World News. The Syrian defector, a Deputy Oil
:00:15. > :00:19.Minister, says he's joining the revolution against President
:00:19. > :00:23.Assad's government. Make your mind up time for Greece's
:00:23. > :00:26.creditors, as a deadline arrives for settling a massive debt deal.
:00:26. > :00:36.Six world powers call on Iran to cooperate with UN inspectors over
:00:36. > :00:37.
:00:37. > :00:42.its nuclear programme. Welcome to BBC World News. I'm
:00:42. > :00:45.David Eades. Also in this programme: Watch out
:00:45. > :00:47.for a solar storm, which could create mayhem for power grids and
:00:47. > :00:57.satellites. A successful businessman pleads
:00:57. > :01:08.
:01:08. > :01:11.guilty to strapping a fake bomb to an Australian teenager.
:01:11. > :01:14.The Let's cross live now to see Queen Elizabeth arriving at
:01:14. > :01:18.Leicester Cathedral in the English Midlands. It's the start of her
:01:18. > :01:25.Jubilee tour of the United Kingdom. She's accompanied by the Duke of
:01:25. > :01:29.Edinburgh and the Duchess of Cambridge.
:01:29. > :01:36.These Duke of Edinburgh, health fears Prix de the. An important day
:01:36. > :01:40.for him as well. Yes, he has his own engagements. The Queen and
:01:40. > :01:45.Duchess our hero at the university but he will be meeting some
:01:45. > :01:51.inventors of robots. Interesting to see he is not even wearing an
:01:51. > :01:57.overcoat, he is putting us to shame already. It is quite interesting,
:01:57. > :02:04.the positioning of everybody. The Duchess of Cambridge, when she is
:02:04. > :02:10.on a solo visit, she is taking a back seat today. Yes, she is here
:02:10. > :02:15.to learn. If you were trying to set off on a royal career, you could
:02:15. > :02:22.not get better tutors than these two who have been doing this for 60
:02:22. > :02:30.years. Today, it is partly helping, but also just watching, learning,
:02:30. > :02:38.this will be a master class in that royal engagements. And, the many
:02:38. > :02:43.photographs we published, we will publish, is one of continuity.
:02:43. > :02:50.monarchy very much stands for continuity and stability, it moves
:02:50. > :02:56.at a different pace to other areas of life. It doesn't follow lines of
:02:56. > :03:02.fashion. Particularly, in times of uncertainty and perhaps instability,
:03:02. > :03:09.it is crucial to have these institutions, like the Queen. You
:03:09. > :03:14.know she will not change. That is why so many people have come out
:03:14. > :03:19.today to welcome her. We are talking about the Queen and Duke of
:03:19. > :03:28.Edinburgh, two people who are getting on in age, but with a
:03:28. > :03:36.gruelling schedule. 12, 13 major tours around the country, not to
:03:36. > :03:40.mention all the usual things like investitures, church services,
:03:40. > :03:45.presenting regimental colours. At an age when all of their
:03:46. > :03:55.contemporaries have retired, these two are going full pelt. It is good
:03:56. > :04:00.
:04:00. > :04:07.to see. Thank you. University macro, she will be arriving in the next 10
:04:07. > :04:12.minutes -- De Montfort University. The first stage of the Queen's talk
:04:12. > :04:15.in her diamond jubilee year. -- tour.
:04:15. > :04:18.The Syrian Deputy Oil Minister, Abdo Hussameddin, has announced his
:04:18. > :04:22.defection from the government of President Bashar al-Assad. In a
:04:22. > :04:24.video posted on YouTube, he said he was joining the revolution of the
:04:24. > :04:28.Syrian people, accusing the government of driving the country
:04:28. > :04:31.to the edge of the abyss. It comes as the UN's humanitarian chief,
:04:31. > :04:34.Baroness Amos, continued her visit to Syria, holding further talks
:04:34. > :04:43.with officials in Damascus. As she left, she gave her reaction to what
:04:43. > :04:51.she had seen in the city of Homs on Wednesday. I was devastated by what
:04:51. > :04:56.I saw in Babar Amr. Excuse me, please. I did say it was brief. The
:04:56. > :05:01.word, devastated, being the clue, Babar Amr being the focus of so
:05:01. > :05:03.much of the fighting, once a rebel stronghold. She's been trying to
:05:03. > :05:13.persuade authorities to grant unhindered access for aid agencies
:05:13. > :05:16.to reach civilians. Tom Esslemont reports.
:05:16. > :05:22.Filmed in an undisclosed location, the most senior defections from the
:05:22. > :05:29.Syrian government since the uprising has begun. In the name of
:05:29. > :05:33.Allah, I, Abdo Hussameddin, deputy oil minister, announced my
:05:33. > :05:38.defection from the regime and my resignation. I am withdrawing from
:05:38. > :05:42.the Arab Ba'ath Party, I declare I am joining the revolution of this
:05:42. > :05:46.dignified people. After 33 years in government, the deputy minister
:05:46. > :05:55.said he did not want to end his career serving what he called its
:05:55. > :06:00.crimes. TRANSLATION: You brought a year of sadness and misery to your
:06:00. > :06:04.people, depriving them of basic needs, bringing the country to the
:06:04. > :06:09.brink of disaster through your stubbornness, while you are cut off
:06:09. > :06:14.from reality. As the violence continues and the death toll rises,
:06:14. > :06:18.Syria hides behind diplomatic cover from Russia and China. China sent
:06:18. > :06:22.its own delegation this week, apparently pushing for a six-point
:06:22. > :06:28.plan for peace. On Wednesday night at the United Nations Security
:06:28. > :06:35.Council, Russia, a major supplier of arms to Syria, accused Libya of
:06:35. > :06:38.running training camps for a rebel fighters. Russia's ambassador to
:06:38. > :06:43.the United Nations said he had received information people were
:06:43. > :06:47.sent from there to attack the Syrian government. He said this was
:06:47. > :06:51.completely unacceptable. But Libya and many other countries continue
:06:51. > :06:55.to call for some sort of intervention, military or otherwise.
:06:55. > :07:03.The United States has not ruled it out and senior Republicans say it
:07:03. > :07:08.must be done in the right way. we don't do this when we can
:07:08. > :07:12.prevent a massacre from taking place, then I think the United
:07:12. > :07:16.States will have abrogated its responsibilities. But none of the
:07:16. > :07:21.measures taken so far have been enough to stop seems like this.
:07:21. > :07:31.These are apparently wounded activists. One reason why some are
:07:31. > :07:32.
:07:32. > :07:35.so keen to defect. The UN-Arab League special envoy to
:07:35. > :07:38.Syria, Kofi Annan, has been speaking about the conflict. He
:07:38. > :07:42.said people in the Middle East and around the world are deeply
:07:42. > :07:47.troubled by what is taking place, and that the crisis can only be
:07:47. > :07:55.resolved by a political settlement. The level of violence is excessive
:07:55. > :07:59.and unacceptable by any standards. This cannot continue. The violence
:07:59. > :08:09.and the killing must stop, and stop immediately. There is an urgent
:08:09. > :08:17.
:08:17. > :08:19.need for us to change course. Time now for the business news.
:08:19. > :08:23.Another day, another deadline for Greece. Private lenders have until
:08:23. > :08:26.10pm Athens time, that's 8pm GMT, to agree to swap their Greek
:08:26. > :08:29.government investments for new bonds, worth about 70% less. Greece
:08:29. > :08:33.needs three quarters of its creditors to sign up to the deal,
:08:33. > :08:36.to call it voluntary. But, it could push through the swap using a
:08:36. > :08:39.collective action clause, if two thirds of bondholders to take part.
:08:39. > :08:41.So far, media reports suggest about 60% have taken up the offer.
:08:41. > :08:44.Patrick Armstrong is managing partner at Armstrong Investment
:08:44. > :08:50.Managers, one of the bondholders refusing to accept the deal. He
:08:50. > :08:56.says some private lenders are being treated better than others.
:08:56. > :09:00.A lot of the bands are being coerced, the Greek banks will be
:09:00. > :09:04.voluntary participating but Greece will be giving them 40 bn through
:09:04. > :09:10.the backdoor. The reason we are not voting, there is a minuscule chance
:09:10. > :09:14.there is a hybrid dyche vision rate and Greece doesn't even bother
:09:14. > :09:17.triggering the clause. The Even if Greece secures a second
:09:17. > :09:20.bail out from international lenders, it and other European nations face
:09:20. > :09:23.years of hardship. Europe needs to boost economic wealth, and pay off
:09:23. > :09:27.its enormous debts, at a time when governments are cutting investment,
:09:27. > :09:31.pay and spending. And Europe isn't alone. Japan and the United States
:09:31. > :09:37.face similar debt problems. So, should we be looking at an
:09:37. > :09:40.alternative to austerity? Global trade to solve the global debt
:09:40. > :09:50.problem? Pascal Lamy is the director general of the World Trade
:09:50. > :09:58.
:09:58. > :10:08.Organisation. We have to be very careful, because
:10:08. > :10:08.
:10:08. > :10:11.I sometimes feel this is pulling at this problem. Can the euro have
:10:11. > :10:19.survived a difficult times we are seeing right now? I think it will
:10:19. > :10:23.survive. It is going to keep burning through, for the moment.
:10:23. > :10:32.The truth is the institutional setting off the eurozone was not
:10:32. > :10:39.strong enough to absorb such a shock. Many years ago, it was very
:10:39. > :10:49.much said it was a monetary union and the talk of an economic union.
:10:49. > :10:50.
:10:50. > :10:55.We need to line up the level of integration, in the currency and
:10:55. > :11:05.monetary areas, that is the direction they are taking. Is it,
:11:05. > :11:08.
:11:08. > :11:12.are they doing enough? They haven't done it quick enough, it hasn't
:11:12. > :11:19.been driven very nicely. There is no real narrative, why it is
:11:19. > :11:26.happening. Modelling through, I think they are pointing in the
:11:26. > :11:30.direction. The fact that Germany now seems to be ready for one more
:11:30. > :11:40.step towards a federal integration in Europe is probably the
:11:40. > :11:45.
:11:45. > :11:49.determined factor. Japan's trade deficit has hit a
:11:49. > :11:53.high. Most of its nuclear power generation remains Offline which
:11:53. > :12:03.has increased its reliance on imported oil. Despite that,
:12:03. > :12:10.
:12:10. > :12:17.national wealth grew more than expected last year.
:12:17. > :12:21.The EADS head say the company risks losing business. He says China is
:12:21. > :12:25.refusing to approve the purchase of its new long-range planes.
:12:25. > :12:30.Governments around the world are opposed to renew tax on airline
:12:30. > :12:39.carbon emissions. Despite that, the company has reported a 30 it cent
:12:39. > :12:49.rise in operating profits. The Queen is starting on her
:12:49. > :12:55.
:12:55. > :13:02.Diamond Jubilee tour. Leicester is her first stop. Let us join half.
:13:02. > :13:09.This being of continuity is crucial. The royal party is about to walk
:13:09. > :13:16.through the symbolic gateway here. The Queen is stopping to talk to
:13:16. > :13:22.some of the old soldiers, members of the Coldstream Guards, who would
:13:22. > :13:26.have had a role protecting her. A great day for them, invited by the
:13:26. > :13:31.High Sheriff, to be part of the Guard underneath the gateway here.
:13:31. > :13:38.I have to say, the crowd has been here since 5am. There is a massive
:13:38. > :13:43.crowd, to see the Queen. It is she who is receiving those cheers, she
:13:43. > :13:48.is on her own, in the square. The crowd letting her know what they
:13:48. > :13:58.think of her. The Duke of Edinburgh is also with her. And the Duchess
:13:58. > :14:01.
:14:01. > :14:07.of Cambridge. The Gateway, a medieval city gate way. One of the
:14:07. > :14:12.few universities built on what was once royal land. The High Sheriff,
:14:12. > :14:17.and the Lord Mayor. Greeting the royal party. The importance of
:14:17. > :14:22.today it is this is the first chance the public really get to see
:14:22. > :14:27.the Queen. I am sure we will see later today, when the timetable is
:14:27. > :14:32.and so tight, she will get a chance to talk to them. A much more
:14:32. > :14:38.informal feel to this, than perhaps on other royal visits. This is a
:14:38. > :14:45.party. We are celebrating a Diamond Jubilee. 60 years on the throne.
:14:45. > :14:50.The Duke of Edinburgh who underwent that heart surgery at Christmas.
:14:50. > :14:57.This, his first big engagement. He was out, carriage driving at the
:14:57. > :15:02.weekend. His health is described as robust. He enjoys these events. You
:15:03. > :15:09.can see, they are enjoying this visit to Leicester.
:15:09. > :15:14.A little later on, she will be seeing the plans for a new square.
:15:14. > :15:21.To mark the visit to the city. It will be located just around the
:15:21. > :15:25.corner, near the old clock tower, where she will be attending later.
:15:25. > :15:35.Talking to her, the Chancellor of the University, who has played a
:15:35. > :16:03.
:16:03. > :16:08.crucial role in organising this And number of dance groups
:16:08. > :16:13.performing for the Queen. The Chinese are represented in their
:16:13. > :16:17.traditional dance. The picture tells you all you need to know.
:16:17. > :16:24.Perhaps not since the Silver Jubilee in 1977 have we seen crowds
:16:24. > :16:30.like this. Bunting is out, about 10,000 Union flags were handed out
:16:30. > :16:35.this morning, and they have run out. The Duchess of Cambridge and the
:16:35. > :16:39.Queen, once they had gone inside will be attending a fashion show
:16:40. > :16:49.put together by some of the students here from the University.
:16:50. > :16:51.
:16:51. > :16:56.Much attention on the competition, were Kate Middleton it will choose
:16:56. > :17:01.a pair of shoes, and they will be made for her.
:17:01. > :17:07.Simon McCoy following the Queen at the start of her Royal tour of the
:17:07. > :17:13.country which will continue up until July 25th will stock this is
:17:13. > :17:23.BBC World news. Still to come, the Solar Storm that
:17:23. > :17:27.
:17:27. > :17:30.could wreak havoc on power grids and satellite navigation.
:17:30. > :17:33.The latest Forbes Rich List has just been released and the Mexican
:17:33. > :17:36.telecoms magnate, Carlos Slim, tops the ranks for the third year in a
:17:36. > :17:38.row. He's followed by Americans, Bill Gates, and Warren Buffet. Alpa
:17:38. > :17:45.Patel has more. For the third year in a row, this
:17:45. > :17:51.man is the richest man in the world. He has fortune of $69 billion. The
:17:51. > :17:58.wealth of Carlos Slim from Mexico is down by $5 million -- billion
:17:58. > :18:05.dollars. Bill Gates is worth $61 billion. This is Asia's richest man.
:18:05. > :18:13.His net worth is $25 billion, something to enjoy at the age of 83.
:18:13. > :18:17.One of the winners is the creator of Facebook. His work is up �4
:18:17. > :18:25.billion from a year ago. But the biggest loser was this man from
:18:25. > :18:30.India, owner of the world's biggest steel industry. This Russian
:18:30. > :18:38.oligarch's net worth is half of what it was last year. Forbes has
:18:38. > :18:47.said it has been an unstable time for the world's richest. It was an
:18:47. > :18:55.amazing year of volatility. A net gain of 16, but it is a much more
:18:55. > :19:03.complicated story. 128 newcomers, 117 he dropped off and 12 who died.
:19:03. > :19:13.There are new faces, Forbes said there are almost as many on their
:19:13. > :19:15.
:19:15. > :19:23.list as those who have lost it. US went up a little bit from 413
:19:23. > :19:27.got to 425 billionaires. China went down, as did Russia. With the World
:19:27. > :19:32.economic Outlook looking gloomy, only the shrewdest in this game of
:19:32. > :19:34.generating wealth can stay on top. More than 1,000 events are taking
:19:34. > :19:37.place across the world to mark International Women's Day.
:19:37. > :19:40.Celebrations have been held every year since the early 1900s in order
:19:40. > :19:50.to show the economic, political and social achievements of women, as
:19:50. > :19:57.
:19:57. > :20:07.well as to highlight inequalities. This is BBC World News. The
:20:07. > :20:09.
:20:09. > :20:13.headlines: Syria's deputy oil minister has resigned to join the
:20:13. > :20:18.revolt against the Government. Creditors must decide if they will
:20:18. > :20:21.agree to a deal to cut to Greece's debt. Six world powers have issued
:20:21. > :20:24.a joint statement at the UN's nuclear agency, calling on Iran to
:20:24. > :20:26.cooperate with UN inspectors over its nuclear programme. The
:20:26. > :20:29.statement, by the United States, Britain, France, Germany, Russia
:20:29. > :20:34.and China, also expressed support for diplomatic efforts to solve the
:20:34. > :20:43.long-running row over Iran's nuclear work. Joining me from
:20:43. > :20:49.Vienna is Bethany Bell. They have expect in a statement to
:20:49. > :20:55.the IAEA, their concern two recent visits by inspectors to Iran fail
:20:55. > :20:59.to reach agreement. They have called on Iran to co-operate with
:20:59. > :21:04.the inspectors in their investigations. Particularly they
:21:04. > :21:13.mentioned they would like access to the military site at part in. They
:21:13. > :21:20.have stressed their once diplomatic solutions to this. There were talks
:21:20. > :21:26.announced from the EU about talks with Iran to try and solve this
:21:26. > :21:33.long-running row. The powers here have had some differences of
:21:33. > :21:37.approach. Initially Western powers wanted to see tougher language on
:21:38. > :21:42.Iran. Russia and China were concerned to have milder language
:21:42. > :21:47.to make it easier for those talks to go ahead. But they have come
:21:47. > :21:51.together with his joint statement, expressing their concern about the
:21:51. > :22:01.way the un inspections are going, but they want to continue the
:22:01. > :22:06.
:22:07. > :22:12.diplomatic efforts to solve this row.
:22:12. > :22:17.China has consolidated police powers to halt Government critics
:22:17. > :22:21.like the artist, Ai Wei Wei. They are allowed to contain Government
:22:21. > :22:25.critics. Sydney has been hit by the heaviest
:22:25. > :22:31.rainfall there in five years. There has been flash flooding and
:22:31. > :22:37.motorists had to be rescued from their cards -- cars. Flight from
:22:37. > :22:40.the airport was either delayed or cancelled. It has affected inland
:22:40. > :22:46.areas in southern parts of New South Wales.
:22:46. > :22:50.A storm of a different sort coming here. A solar storm caused by
:22:50. > :22:56.flares from the surface of the sun is due to strike Earth about now.
:22:56. > :23:01.Whilst not directly harmful to people, it is the largest storm in
:23:01. > :23:07.five years and could disrupt electricity grids and some types of
:23:07. > :23:10.satellite navigation systems and aeroplane roots. Our scientists and
:23:10. > :23:15.environment correspondent, it warns us not to panic.
:23:15. > :23:19.We get these things fairly regularly. In 2002 they were
:23:19. > :23:25.happening twice a year. We have not had one for a while. We might have
:23:25. > :23:31.quite a few more in the build-up to the solar maximum. The pictures are
:23:31. > :23:37.fantastic. But in terms of what effect it might have on us, where
:23:37. > :23:47.and why? Solar flares came out and hit the Earth almost immediately.
:23:47. > :23:47.
:23:47. > :23:51.We have been covered in solar radiation. But this is soap bubble
:23:51. > :23:56.and it has been expanding and hitting the Earth. We don't know if
:23:56. > :24:04.it will hit the earth directly or give it a glancing blow. But it can
:24:04. > :24:07.cause impact on satellite systems, GPS. We have moved so far and so
:24:07. > :24:13.quickly with technology, I suppose there are some areas we don't know
:24:13. > :24:19.about? In 2002, we did not have the reliance on technology we have got
:24:19. > :24:29.now. It won't affect the GPS in your car, but if you are drilling
:24:29. > :24:39.
:24:39. > :24:42.for oil etc, and you have high accuracy machinery, it could affect.
:24:42. > :24:46.An Australian businessman has pleaded guilty to strapping a fake
:24:46. > :24:48.bomb to the neck of an 18 year old woman. It took police hours to
:24:48. > :24:51.realise the device didn't contain any explosives. Paul Peters
:24:51. > :24:54.admitted attaching the device to Madeline Pulver's neck at her home
:24:54. > :24:57.in Sydney, in an attempt to extort money from her wealthy family. From
:24:57. > :24:59.Sydney here's Duncan Kennedy. The victim was in court to hear the
:24:59. > :25:01.guilty plea read out. But she did not come face-to-face with her
:25:01. > :25:06.assailant. Her father spoke of the family's relief. We are incredibly
:25:07. > :25:11.pleased with today's outcome. It is great comfort that my daughter
:25:11. > :25:16.won't face the stress and anxiety of reliving the events of that
:25:16. > :25:23.terrible night. His guilty plea brings closure to a crime that
:25:23. > :25:29.remains a mystery and random to us, as it did on August 3rd.
:25:29. > :25:33.Poor Peters, an investment banker, admitted chaining a fake bomb to
:25:33. > :25:38.Madeleine's neck in an attempt to extort money. It is not clear why
:25:38. > :25:44.he chose her specifically. It happened last August when he broke
:25:44. > :25:48.in wearing a ski mask and carrying a baseball bat. He attached a
:25:48. > :25:53.device to Madeleine's neck and then left, leaving a demand for money.
:25:53. > :25:58.It took 10 hours for police to be satisfied there was no explosives.
:25:58. > :26:07.Madeleine was freed unharmed, and Peters fled to the United States
:26:07. > :26:13.where he was arrested. He is profoundly sorry for the impact
:26:13. > :26:18.this incidents has had on his victim and her family. Madeleine's
:26:18. > :26:22.family say they want their privacy back after an incident at which
:26:22. > :26:28.they say he is not fully explained. Paul Peters will be sentenced later
:26:28. > :26:34.this month. On this chilly day, we were are
:26:35. > :26:42.going back to Leicester. We have crowds gathering at the University.
:26:42. > :26:49.The Queen is starting her marathon tour, around the UK to celebrate