:00:17. > :00:27.Europe's leaders welcome the result of the Greek elections, but call on
:00:27. > :00:30.
:00:30. > :00:36.the leader of the party... In Spain, bonds reach an unsustainable 7%.
:00:36. > :00:43.Europe's -- Li's military rulers give themselves sweeping powers.
:00:43. > :00:47.Welcome to BBC World News. Also in the programme - deterioration in
:00:47. > :00:51.security on the Israel-Egypt border, at least two people are dead. And
:00:51. > :00:54.police are investigating a complaint of alleged assault
:00:54. > :01:04.against tennis player David Nalbandian after a line judge was
:01:04. > :01:15.
:01:15. > :01:23.Efforts are under way in Greece to form a new government after
:01:23. > :01:29.yesterday's victory by the pro-bail out New Democracy party. But most
:01:29. > :01:36.stock markets are down this morning. In the all-important bond markets,
:01:36. > :01:41.borrowing costs for Spain and Italy have jumped again. Relief at a
:01:41. > :01:46.result that came down to the wire. The centre right New Democracy
:01:46. > :01:51.clinched victory, delighting its supporters. The party has vowed to
:01:51. > :01:56.keep Greece in the euro by broadly honouring the conditions of the
:01:56. > :02:03.international bail-out. Today, the Greek people expressed their will
:02:03. > :02:13.to stay anchored with the euro, remain an integral part of the
:02:13. > :02:19.eurozone. But Alexis Tsipras came a close second with his leftist
:02:19. > :02:25.SYRIZA party. It campaigned on an anti-bail out platform, and he said
:02:25. > :02:29.his party would not be silenced. TRANSLATION: We will continue our
:02:29. > :02:35.struggle on Monday, because we know that the future is not for those
:02:35. > :02:41.who are in fear, but for those who carry on hoping. The results show a
:02:41. > :02:46.deeply divided country. Parties opposed to the bail-out have
:02:46. > :02:50.attracted the victims of the crisis, and are now presenting a strong
:02:50. > :02:55.anti-austerity front in opposition. That could trigger social unrest if
:02:55. > :03:01.more cuts are announced. And so the wrangling to form a government now
:03:01. > :03:05.begins. Antonis Samaras will reach out to the Socialists and others.
:03:05. > :03:09.Europe's leaders will breathe a sigh of relief at this result. They
:03:09. > :03:12.had been fearing that the euro could be fatally undermined. They
:03:12. > :03:17.are likely to discuss the result at the G20 meeting in Mexico later
:03:18. > :03:22.today. Already, Berlin has suggested the terms of Greece's
:03:22. > :03:26.bail-out could be somewhat softened. This exhausted nation has decided
:03:26. > :03:34.to bite the bullet, but the path ahead will be painful, and the
:03:34. > :03:39.voice of dissent here is growing louder. Our correspondent is live
:03:39. > :03:45.in Athens - what is the latest on how difficult it is going to be to
:03:45. > :03:49.form a new coalition government? Well, Antonis Samaras has now
:03:49. > :03:56.formally received the mandate from the President to try to form a
:03:56. > :04:01.government. He is meeting with the President, as well as Alexis
:04:01. > :04:05.Tsipras, the second placed leader, this afternoon. Alexis Tsipras is
:04:05. > :04:11.expected to reject the offer of serving in any government which
:04:11. > :04:14.supports the bail-out. Later on there will be a meeting with the
:04:14. > :04:19.leader of the Socialist Party, Evangelos Venizelos, which could be
:04:19. > :04:24.a natural coalition partner for New Democracy. Numerically speaking, it
:04:24. > :04:29.could be a simple coalition between New Democracy and PASOK, because
:04:29. > :04:32.they both broadly support the bail- out. Together, they would have a
:04:32. > :04:38.majority of 12 in Parliament. But given that there is a widespread
:04:38. > :04:43.desire for a stable government here, and that there was such support for
:04:43. > :04:46.anti-bail out parties, I think that they will want to bring more
:04:46. > :04:56.parties into the coalition, in order to stand a chance of lasting
:04:56. > :04:57.
:04:57. > :05:01.longer than just a few months. Another big question is whether
:05:01. > :05:07.there will be a readjustment in the austerity measures which Greece is
:05:07. > :05:14.forced to carry out, given that SYRIZA did get around a third of
:05:14. > :05:21.the vote. Any new government has to carry the population with it?
:05:21. > :05:25.do, and Antonis Samaras has said that he wants a renegotiation of
:05:25. > :05:30.some of the terms of the bail-out. His party signed up to the bail-out
:05:30. > :05:34.in the first place, but he has recognised that it would be simply
:05:34. > :05:38.impossible for Berlin, Brussels or Paris to try to stick to the
:05:38. > :05:42.austerity plan to the letter. There is such a feeling of exhaustion
:05:42. > :05:46.here with austerity, with cost cutting. This country has got
:05:46. > :05:51.record unemployment, a third of Greeks pushed below the poverty
:05:52. > :05:55.line after that toxic mix of recession and austerity. So, the
:05:56. > :06:00.line of Antonis Samaras to the EU will be, we have decided to accept
:06:00. > :06:05.more pain and more austerity, but you must now try to lift the foot
:06:05. > :06:08.off the pedal of austerity, to cut us some more slack. Already, the
:06:09. > :06:12.signs from Berlin are that they are willing to make more concessions.
:06:13. > :06:17.The German Foreign Minister said last night that he was willing to
:06:17. > :06:20.agree to extend the period for the repayment of the Greek loans. But I
:06:21. > :06:25.think there will be a lot of haggling now to try to get to some
:06:25. > :06:35.kind of compromise, to lessen the pain of austerity in the months
:06:35. > :06:35.
:06:35. > :06:41.ahead. We have been looking at market reaction, we had a spike,
:06:41. > :06:45.but then things pulled back again. Absolutely. This haggling back and
:06:45. > :06:49.forth between whatever Greek government is formed, and of course,
:06:49. > :06:54.Angela Merkel, the other leaders of the eurozone. This is what the
:06:54. > :06:58.markets are considering. We have seen this before. We have had small
:06:58. > :07:03.blips of good news, the markets cheering, and then within the hour,
:07:03. > :07:08.they start thinking, hang on, there's still big problems. For
:07:08. > :07:12.that reason, we have seen the markets turn their attention once
:07:12. > :07:15.again back to Spain. That is a worry. In fact, the cost of
:07:16. > :07:21.borrowing for the Spanish government last Thursday hit an
:07:21. > :07:26.all-time high, more than 7%. It dropped, but today, it has gone
:07:26. > :07:30.back up over 7% again, even higher than it was on Thursday. That is
:07:30. > :07:35.markets and investors very worried, basically telling Spain, this is
:07:35. > :07:39.too expensive, and that those kind of levels, it is unsustainable. So
:07:39. > :07:45.the markets will remain volatile. This is what the experts had to say
:07:45. > :07:49.to me earlier about this whole matter.
:07:49. > :07:54.This rally, if you had overslept, you would have missed it.
:07:54. > :07:58.Essentially, the markets are, as you say, focusing on the much
:07:58. > :08:05.bigger problem of Spain. But more than that, if we go back to Greece,
:08:05. > :08:08.obviously, the new government, as could become they are now arguing
:08:08. > :08:12.about who could potentially be the Prime Minister. You have to ask
:08:12. > :08:15.yourself, have they got their priorities right? Surely the
:08:15. > :08:21.priority is to form a government, not until about to the Prime
:08:21. > :08:25.Minister will be. With Greece, many are saying, the last thing for a
:08:25. > :08:29.government which has got debt up to its eyeballs would be to borrow
:08:29. > :08:33.more money. Many are suggesting that the eurozone governments need
:08:33. > :08:40.to be able to write off a big chunk of that - is that the case, do you
:08:40. > :08:44.think? I think that will eventually have to happen. Most definitely.
:08:44. > :08:48.There will need to be what we would call official sector involvement.
:08:49. > :08:54.At the moment, the size of the debt pile, given the contraction in the
:08:54. > :08:58.Greek economy, the fact that youth unemployment is over 50%, these
:08:58. > :09:08.bail-out commissions so that in conditions are way too onerous for
:09:08. > :09:10.
:09:10. > :09:14.an economy which is actually imploding. Portugal and planning
:09:15. > :09:17.have basically met all their fiscal targets, and they are not getting
:09:17. > :09:21.any preferential treatment. So if they see Greece getting
:09:21. > :09:28.preferential treatment, they are perfectly entitled to what exactly
:09:28. > :09:35.the same thing for doing the right thing. Let's stay with that story,
:09:35. > :09:40.because the chairman of the Athens Chamber of Commerce and Industry,
:09:40. > :09:44.Constantine Michalos, said the right party had been chosen.
:09:44. > :09:48.were always in favour of the pro- European vote, and this is exactly
:09:48. > :09:58.who prevailed last night. The pro- European political power was
:09:58. > :09:58.
:09:58. > :10:06.prevailed. Today is an extremely important day, because the leader
:10:06. > :10:10.of New Democracy, Antonis Samaras, has to form a strong coalition,
:10:10. > :10:17.including representatives of both sides of the political divide. Both
:10:17. > :10:22.sides must be part of the coalition. They can then take their political
:10:22. > :10:26.agenda to Berlin and Brussels, to start to renegotiate those parts of
:10:26. > :10:30.the bail-out agreement which will bring stimulus into the economy. We
:10:30. > :10:35.have said it in the past, you cannot have austerity upon
:10:35. > :10:39.posterity. It is evident, it is not just a Greek problem. You have just
:10:39. > :10:43.reported on the Spanish situation, and unfortunately, it will get
:10:43. > :10:48.worse unless we change the economic recipe, and Mrs Merkel has to
:10:48. > :10:54.understand this. The world's top economic powers start their two-day
:10:54. > :11:01.meeting in Mexico today. Everything we have been hearing about comes at
:11:01. > :11:08.a crucial time for the global economy. Our correspondent reports
:11:08. > :11:14.from Mexico. Security guards outnumbered holidaymakers at this
:11:14. > :11:18.resort, as world leaders started arriving. There has to be Co
:11:18. > :11:21.ordination. Before the Greek election results came in, one of
:11:21. > :11:24.the key players in the global economy, the head of the
:11:24. > :11:30.International Monetary Fund, Christine Lagarde, addressed
:11:30. > :11:35.business leaders. If I can make a suggestion to the G20 leaders, and
:11:35. > :11:41.those who represent the private sector, it is to be as blunt as you
:11:41. > :11:43.can with the G20 leaders. One of those listening was this man, from
:11:43. > :11:49.the International Chamber of Commerce, who is most concerned
:11:49. > :11:55.about the lack of economic growth. All countries are linked by trade
:11:55. > :11:58.and investment and other activities, and yet we have no tools to manage
:11:58. > :12:04.a globalised economy. One of the biggest challenges is how to create
:12:04. > :12:08.jobs. With more than 75 million young people out of work worldwide,
:12:08. > :12:15.students at this school are nervous about the future. There was a lot
:12:16. > :12:20.of competition. I think it will be hard to find a job. This local
:12:20. > :12:24.businessman runs a company that makes windows. Four years ago, the
:12:24. > :12:29.financial crisis hit him hard, and he was forced to lay off half of
:12:29. > :12:33.his staff. Now he wants leaders meeting in his home town to set
:12:33. > :12:39.aside national interests and work together. I believe they need to be
:12:39. > :12:43.open and honest to what the solution is. Everybody has to
:12:43. > :12:46.forget their egos, their powers. For the next two days, this is
:12:46. > :12:49.where the meeting will take place. When Europe's leaders arrive, they
:12:49. > :12:54.will face lots of questions about what action they are taking to
:12:55. > :12:57.tackle the continent's debt crisis. But all of the leaders are facing
:12:57. > :13:07.one common challenge - how to promote economic growth around the
:13:07. > :13:10.
:13:10. > :13:15.world. Let's have a look at the markets.
:13:15. > :13:24.We have seen a bit of a bounce back, but nothing like the euphoria that
:13:24. > :13:31.we saw earlier. The Spanish, Italian, Irish and French borrowing
:13:32. > :13:36.costs have all gone up. That's the business news. One wonders, how
:13:36. > :13:43.many G20 leaders want to be photographed on a beach next to a
:13:43. > :13:48.palm tree?! We have got some news just in on the question of Syria.
:13:48. > :13:52.One Russian news agency is saying that Moscow is preparing to send
:13:52. > :14:02.marines to Syria in the event that it needs to protect personnel and
:14:02. > :14:09.remove equipment from its naval facility in its Mediterranean port.
:14:09. > :14:12.Syria is Russia's firmest foothold in the Middle East. It is the only
:14:12. > :14:22.permanent warm-water port outside the former Soviet union which the
:14:22. > :14:23.
:14:23. > :14:33.Russians can use. So, reports that Russia is preparing to send marines
:14:33. > :14:35.
:14:35. > :14:45.to Syria. Coming up on the programme - why a third of India's
:14:45. > :14:47.
:14:47. > :14:51.Now, here in Britain a new report into the PIP breast implants has
:14:51. > :14:56.concluded that they have twice the rate of rupture of other implants,
:14:56. > :15:01.but that the silicone used is not likely to cause harm. Well, the
:15:01. > :15:05.review found although the implants were made with unauthorised
:15:05. > :15:09.silicone filler, the filler is not toxic nor carcinogenic.
:15:09. > :15:14.She may not look it, but at her home near Darlington, Gemma Pepper
:15:14. > :15:18.is a worried woman. She had PIP implants after years of breast-
:15:18. > :15:23.feeding changed her body shape, but one of them is torn.
:15:23. > :15:27.As the implants had the European CE approval mark, she says that the
:15:27. > :15:32.Government should ensure that all PIP implants are replaced.
:15:32. > :15:37.The best case scenario is for the Government to say that they have --
:15:37. > :15:41.like they have done in Wales, is to take every pair of implants out as
:15:41. > :15:45.they gave it a CE mark. I don't think that will happen. If they
:15:45. > :15:50.declare them dangerous, then the clinics then have to step up.
:15:50. > :15:55.But the report today concludes that PIPs are not toxic. Although they
:15:55. > :16:00.have double the rupture rate of other implants that still should
:16:00. > :16:04.not cause long-term health problems. PIP implants were made from
:16:04. > :16:07.industrial grade material, never approved for medical use, but the
:16:07. > :16:12.Government and private clinics involved have said that there is no
:16:12. > :16:17.need to have them removed. The report reinforces that position.
:16:17. > :16:22.We don't know what we've been told. Toxic PIPs have to go.
:16:22. > :16:26.That is unlikely to be a comfort to these women. They marched in London
:16:26. > :16:31.demanding action. They still feel that their health is at risk and
:16:31. > :16:36.and Government should help, but it seems that Gemma Pepper and most of
:16:36. > :16:39.those women like her will have to live with their implants or pay
:16:39. > :16:44.thousands of pounds for replacements.
:16:44. > :16:48.A group of six world powers is holding talks with Iran over its
:16:48. > :16:51.nuclear programme. The meeting in Moscow is being held over two days.
:16:52. > :16:55.The West says it is prepared to offer help with nuclear safety
:16:55. > :17:00.measures, but Iran wants the international community to lift
:17:00. > :17:03.sanctions which have been crippling for the country.
:17:03. > :17:08.Increasing levels of obesity around the world could have the same
:17:08. > :17:13.impact on global resources as an extra 1 billion people living on
:17:13. > :17:16.the planet, according to research by scientists at the London School
:17:16. > :17:22.of Hygiene & Tropical Medicine. Researchers say that 6% of people
:17:22. > :17:25.live in North America, but they are responsible.
:17:25. > :17:30.This is BBC World News. The headlines:
:17:30. > :17:34.The New Democracy party has won a slender victory in Greece's general
:17:34. > :17:38.election but will need to form a coalition.
:17:38. > :17:43.And Greece's election results have not persuaded the financial markets
:17:43. > :17:48.that the Euro problem is under control. Concerns about government
:17:48. > :17:56.debt in Spain have resurfaced. In Egypt, the ruling military
:17:56. > :17:58.council has given itself sweeping power as -- powers at the counting
:17:58. > :18:04.is continuing. The Muslim Brotherhood describes this as a
:18:04. > :18:11.coup. The BBC's Mary MacAleese is in
:18:11. > :18:16.Cairo over looking -- Lyse Doucet is in Cairo, overlooking Tahrir
:18:16. > :18:22.Square. What is happening here today? Are
:18:22. > :18:26.the people out in celebration? I'm overlooking Tahrir Square,
:18:26. > :18:31.regarded as the birthplace of the Egyptian revolution, that is where
:18:31. > :18:36.they toppled Hosni Mubarak, now it has become the place of protest.
:18:36. > :18:40.There is more of a traffic jam there at this time of day. Some are
:18:40. > :18:45.in celebration, but most are trying to get about their day-to-day
:18:45. > :18:50.business. There are hundreds of people in the square. There are a
:18:50. > :18:54.lot of Egyptians flag-waving, but a lot of flags of the Muslim
:18:54. > :18:57.Brotherhood. Talking to people, they are convinced that their
:18:57. > :19:03.candidate, Mohammed Morsi has won this election, raising the question,
:19:03. > :19:07.what if he has not? How will the mood change? The vote count is not
:19:07. > :19:11.over, the supporters of Ahmed Shafiq are insisting that they have
:19:11. > :19:15.won the election, and some Egyptian television stations are beginning
:19:15. > :19:19.to show results that Ahmed Shafiq is in the lead. So we have to wait
:19:19. > :19:23.for confirmation to see exactly who is going to be the new President,
:19:23. > :19:29.but what we do know for certain is whoever becomes the President has
:19:29. > :19:33.far fewer powers than that of the ruling Military Council which last
:19:33. > :19:36.night announced by decree a range of sweeping powers for itself,
:19:36. > :19:41.making it clear that it will control the President, not the
:19:41. > :19:45.other way around it will control also what is meant to be a
:19:45. > :19:50.transition to civilian rule, but that will take many months and the
:19:50. > :19:53.army has give an press conference in which they tried to send a
:19:53. > :19:57.message for the Egyptians to trust them, but for a lot of Egyptians
:19:57. > :20:02.that trust is in doubt after the announcement last night.
:20:02. > :20:06.Should we be surprised, therefore, not to be seeing more people
:20:06. > :20:12.protesting at this effective takeover of power? I think the
:20:12. > :20:17.people who used to fill up Tahrir Square have for some time been
:20:17. > :20:21.reflecting on what's gone wrong with their chosen way of protest.
:20:21. > :20:26.16 months on since Hosni Mubarak was toppled, it is clear that it
:20:26. > :20:30.was the toppling of a President, but not the old regime. Some, many
:20:30. > :20:35.Egyptians are saying that the time for protest is over, they want to
:20:35. > :20:41.get on with daily life. So there is no so much of an automatic reaction
:20:41. > :20:46.of going to the square, but as the day goes on, when we get a clearer
:20:46. > :20:52.idea of who won the election and how the main political movement
:20:52. > :20:57.such as the Muslim Brotherhood and some of the other groups calling
:20:57. > :21:01.for protest, we will then get an idea to the reaction to the army's,
:21:01. > :21:06.essentially grab for power, that some have called a military coup.
:21:06. > :21:13.Thank you very much. The Israeli authorities have closed
:21:13. > :21:17.a main road along the southern border with Egypt, after a raid
:21:17. > :21:20.resulted in the death of a civilian worker.
:21:20. > :21:25.The Israeli Defence Minister says there is a deterioration in
:21:25. > :21:33.security on the Egyptian side of the border. He urges the country's
:21:33. > :21:37.new leaders to end the attacks. The main concern for Israel is the
:21:37. > :21:45.worsening situation along its southern bored we are Egypt. Israel
:21:45. > :21:49.is in the process of building a 200 kilometre-long fence it keep out
:21:49. > :21:53.smugglers and migrants, but also as Israel says that the worsening
:21:53. > :21:58.security situation in Egypt, means that militants are getting out of
:21:58. > :22:04.Gaza, down into the Sinai and using the Sinai desert to attack Israelis
:22:04. > :22:09.in the south. That is what is happening. This morning a bomb or a
:22:09. > :22:13.rock elt was fired by militants it killed -- rocket was fired by
:22:13. > :22:17.militants. It killed an Israeli. We understand that the incident is
:22:18. > :22:23.over, but the Israeli government is concerned about the developing
:22:23. > :22:27.crisis in the Sinai and what may happen depending on who gets into
:22:27. > :22:32.power in Egypt. The police are investigating a
:22:32. > :22:37.complaint of assault against David Nalbandian. The 30-year-old kicked
:22:37. > :22:42.an advertising board at line judge during the AEGON Championships
:22:42. > :22:47.yesterday. The official suffered a bloody shin. David Nalbandian has
:22:47. > :22:51.been disqualified for unsportsman like conduct at Queeen's Club.
:22:51. > :22:56.Today Britain and America are the closest of allies, but it has not
:22:56. > :23:02.always been so. This week the Americans are marking the 200th
:23:02. > :23:05.anniversary of the war of 1812. As well as defeating the British, the
:23:05. > :23:09.war give the Americans its National Anthem and its flag.
:23:09. > :23:14.The Star-Spangled Banner is a symbol of American pride it was a
:23:14. > :23:18.victory over the British that gave it its name. Here at Fort Henry in
:23:18. > :23:22.Baltimore, weeks after the British Forces burned down the White House,
:23:22. > :23:26.they attacked the harbour. A lawyer named Francis Scott Key watched the
:23:26. > :23:31.battle unfold and was inspired to write a song which became the
:23:31. > :23:35.National Anthem. # O say can you see, by the dawn's
:23:35. > :23:41.early light # What so proudly we hailed at the
:23:41. > :23:45.twilight's last gleaming. # fact that the flag remained. He was
:23:45. > :23:50.looking to see are we to protect the symbol of our country, are we
:23:50. > :23:55.going to protect it? That is what he was looking for. That is what we
:23:55. > :24:00.are doing today. What they were going through that day, the bombs
:24:00. > :24:06.bursting, they are in battle. It gives you goose bumps.
:24:06. > :24:14.The battle was a turning point in the -- point in the war in 1812 it
:24:14. > :24:17.was marked a victory for the Americans and then began a lasting
:24:17. > :24:20.peace. The two nations have worked closely
:24:20. > :24:27.together and hopefully will continue to do that in the
:24:27. > :24:31.centuries to come. The Americans British over --
:24:31. > :24:36.victory over the British has been marked00 years later on.
:24:36. > :24:42.There is no shortage of pride in The Star-Spangled Banner, America's
:24:43. > :24:48.anthem and its flag. To India and a staggering
:24:48. > :24:51.statistics. Around a third food produced in India is wasted.
:24:51. > :25:01.Despite record harvests and successful farming, so why does
:25:01. > :25:01.
:25:01. > :25:05.this scandal continue? Vegetables and fruit, rotting away at the
:25:05. > :25:12.Baikaler Market in Mumbai. Shopkeepers here say that a lot of
:25:12. > :25:15.food is wasted as it is passed down the supply chain from the farms to
:25:15. > :25:19.people's homes. TRANSLATION: About a half of the
:25:19. > :25:24.stock we buy from the wholesale market is spoiled before it reaches
:25:24. > :25:34.the stall. Especially in the mon seen season when exposed to the
:25:34. > :25:36.
:25:36. > :25:40.rain. -- monsoon. Poor quality distribution and
:25:40. > :25:44.inefficiency is wasted. Even the government has admitted a
:25:45. > :25:51.shortage of space, but it is a problem that India faces year after
:25:51. > :25:55.year. Most food warehouses are leased by the governments by
:25:55. > :25:58.private companies, but there are not enough of them. A poor quality
:25:58. > :26:04.of distribution in the system adds to the problem and a third of fresh
:26:04. > :26:10.crops are wasted each year. India is the second-largest food producer
:26:10. > :26:15.in the world, but the country has seen prices rising rapidly. After a
:26:15. > :26:20.bumper wheat production, a panel set up to deal with the problem of
:26:20. > :26:26.grains going to waste as suggested to export the products at a
:26:26. > :26:29.subsidised rate. The inability to dies Bute this is
:26:29. > :26:34.a big policy failure, not just of this government, but succeeding
:26:34. > :26:40.governments down the year. It is almost genocidal in its negligence,
:26:40. > :26:46.a country where so many people are dying of starvation and where
:26:46. > :26:51.almost half of the children are malnourished to have this foods
:26:51. > :26:54.wasting in go-downs, it is unacceptable. Critics say there is