:00:10. > :00:13.Eurozone leaders agree to centralise supervision of their
:00:13. > :00:18.banks to prevent any more going bust.
:00:18. > :00:21.Another blow for cycling. A major sponsors as the sport is no longer
:00:21. > :00:28.keen. Presidential rivals put fun at
:00:28. > :00:33.themselves and others for charity. I had a lot more energy in the
:00:33. > :00:39.second debate. I felt really well rested after the long nap I had in
:00:39. > :00:42.the first debate. Of course I am pleased that the president is here.
:00:42. > :00:47.We were chatting pleasantly this evening as if Tuesday never
:00:47. > :00:52.happened. Welcome to World News. Also:
:00:52. > :00:57.Creating petrol out of fresh air. I will be speaking to the British
:00:57. > :01:01.scientist behind a ground-breaking technology.
:01:01. > :01:11.Google's results are released too early, forcing the Shias into a
:01:11. > :01:15.
:01:15. > :01:23.downward spiral. -- are forcing shares.
:01:24. > :01:28.First, let's get to the news from Brussels. The President of the
:01:28. > :01:31.European Council and Jose Manuel Barroso are speaking following the
:01:31. > :01:39.agreement of universal supervision of a European bank.
:01:39. > :01:43.TRANSLATION:... I think in the very short-term, the greatest
:01:43. > :01:52.contribution to growth is to re- establish consumer confidence and
:01:52. > :01:54.business confidence, and to re- establish confidence...
:01:54. > :02:00.Establishing that confidence would happen through creating confidence
:02:00. > :02:07.in the future of the eurozone, and as I said, progress has been made
:02:07. > :02:13.over the last few weeks and months and this is perhaps an early sign
:02:13. > :02:17.for greater economic growth in the northern part of the eurozone,
:02:17. > :02:24.which could then have a positive impact on the southern part of the
:02:24. > :02:34.eurozone. The competitive position for many countries in the southern
:02:34. > :02:41.part has increased in many... wanted to devote some time to a
:02:41. > :02:46.strategic discussion on our external relations and on foreign-
:02:46. > :02:53.policy. We focus on our relations with China. Taking a step back and
:02:53. > :02:58.looking long term. I debriefed the European Council on the summit in
:02:58. > :03:06.September with China, it was very positive. This key partner is
:03:06. > :03:09.undergoing once in a decade leadership change, we are changing
:03:09. > :03:13.views on how to engage constructively with the new
:03:13. > :03:18.leadership. In the long-term perspective, it is in Europe's
:03:18. > :03:22.interest that China succeeds. We will come back to this issue early
:03:22. > :03:27.next spring, to best prepare the next summit, which should take
:03:27. > :03:35.place in China in autumn... We will leave that press conference
:03:35. > :03:41.there. Just to him now from the German Chancellor, Angela Merkel.
:03:42. > :03:46.TRANSLATION:... If supervised mechanism up and running, and once
:03:46. > :03:51.it is functioning, directly capitalisation would be put in
:03:51. > :03:56.place so the right sequence is important, because that only
:03:56. > :04:02.ensures reliability to those who obviously are keeping a very close
:04:02. > :04:04.eye on us and on the changes within the Union. We then discussed
:04:05. > :04:11.further elements on further developing economic and monetary
:04:11. > :04:19.union, questions on fiscal discipline, and in the conclusions
:04:19. > :04:25.we say we need an integrated fiscal framework, which is one part of the
:04:25. > :04:28.integrated European and monetary... Economic and monetary union, then
:04:28. > :04:32.consultation with member states will take place, the commission
:04:32. > :04:39.will explore this in the next few weeks to come, and part and parcel
:04:39. > :04:42.of that is an appropriate so-called fiscal capacity, if you like, of
:04:42. > :04:46.solidarity fund that will allow us to boost competitiveness in
:04:46. > :04:51.individual member countries who want to strengthen economic co-
:04:51. > :04:55.ordination and in order to be able to do that, binding and reformed
:04:55. > :04:59.obligations will be agreed between the Commission and the member
:04:59. > :05:04.states. This needs to be given the necessary democratic legitimacy.
:05:04. > :05:09.From a German perspective, these points are essential for a
:05:09. > :05:12.functioning economic and monetary union. We have addressed those. In
:05:12. > :05:18.December we will discuss this in greater detail and then specify it
:05:18. > :05:22.and then agree on it. We also spoke about Greece. I had a personal
:05:22. > :05:25.meeting with the Greek Prime Minister this morning. He gave me a
:05:25. > :05:32.briefing on progress made in implementing the individual
:05:32. > :05:40.measures that were agreed, and we explained that once these measures
:05:40. > :05:46.are implemented and are in place, Greece will have a very good chance
:05:46. > :05:51.to further develop within the eurozone. Certain things remain to
:05:51. > :05:57.be done but quite a lot has already been done and they are really
:05:57. > :06:07.putting everything into making an all out effort, and I am now open
:06:07. > :06:08.
:06:08. > :06:14.to take questions. TRANSLATION: At Madam Chancellor,
:06:14. > :06:19.how difficult was it yesterday... Just remind you what we had been
:06:19. > :06:25.hearing from Brussels. There has been an agreement on how to monitor
:06:25. > :06:28.the region's banks. The plan is for the European Central Bank to
:06:28. > :06:35.supervise 6,000 or more commercial banks in eurozone countries. We
:06:35. > :06:38.will get some reaction now from the banking sector. Let's cross now to
:06:38. > :06:42.Tobias Blattner, European economist at Daiwa Capital Markets. It is a
:06:42. > :06:47.framework they have agreed to. Do you think it will make any
:06:47. > :06:53.difference? Certainly, it will. It was a very important first step at
:06:53. > :06:57.the leaders have taken because that ultimately paves the way for a
:06:57. > :07:01.banking union with a common resolution fund, and hopefully one
:07:01. > :07:06.day a common deposit insurance fund, so that will be important for the
:07:07. > :07:11.long term survival of the euro. Now I think we need to have more
:07:11. > :07:16.progress on fiscal union, and this is much slower and has been much
:07:16. > :07:19.more fragile so far, but that now needs to be complemented, but the
:07:19. > :07:23.progress made yesterday is definitely to be welcomed because
:07:23. > :07:29.it puts the eurozone into a much stronger and more stable currency
:07:29. > :07:36.union in the future. Angela Merkel said they have also spoken about
:07:36. > :07:40.the ongoing crisis in Greece at potentially Spain as well. -- and
:07:40. > :07:45.potentially Spain. This agreement does nothing to sort out the debt
:07:45. > :07:50.crisis today, does it? Unfortunately no. The Germans made
:07:50. > :07:55.it clear they do not want a legacy asset, and that is causing the
:07:55. > :07:59.trouble right now in Spain and Ireland. They do not want to assume
:07:59. > :08:04.liability for those. The deal from yesterday will only be for the
:08:04. > :08:08.future. But nevertheless, it will maintain the pressure on Spain but
:08:08. > :08:12.we still have the ECB which showed its willingness to buy Spanish
:08:12. > :08:17.bonds, and that will hopefully also put a little bit less stress on
:08:17. > :08:21.these economies right now. Thank you for your time.
:08:21. > :08:25.The good news for cycling, according to commentators, is that
:08:25. > :08:29.it is cleaner today than ever before. The bad news is the fall-
:08:29. > :08:35.out from revelations about past drug-taking continue to damage the
:08:35. > :08:40.sport. The Dutchman DEC Rabobank, a long-standing back there of a
:08:40. > :08:45.professional team, has announced it is ending its sponsorship -- the
:08:45. > :08:50.Dutch bank Rabobank. It says it is no longer convinced that
:08:50. > :08:54.international cycling is capable of being a clean and honest sport.
:08:54. > :08:56.This is a sport that seems to go from crisis to crisis. What do we
:08:56. > :09:00.make of it? Award-winning cycling writer, and
:09:00. > :09:10.former competitive cyclist, Richard Moore, is here. His Rabobank right
:09:10. > :09:14.to say it cannot be convinced it is clean? -- is? Yes. The report from
:09:14. > :09:18.Lance Armstrong's team paints a very vivid picture of just how
:09:18. > :09:23.dirty the sport has been. But Rabobank are not entirely innocent
:09:23. > :09:28.in this. They have been a long-time sponsor of the sport through a very
:09:28. > :09:32.dark period and they have had quite a lot of... They've recently
:09:32. > :09:37.suspended one of their own cyclists. Yes, this week. Did they do all
:09:37. > :09:45.they could to ensure they had a clean team? I think Rabobank have
:09:45. > :09:51.quite a lot to fear at the moment. Are we seeing the fall-out from the
:09:51. > :09:56.report into Lance Armstrong? Or are we seeing the unravelling of a much
:09:56. > :10:01.bigger problem? It is a much bigger problem in cycling. Investigations
:10:01. > :10:10.are going on in Spain and Italy at the moment and revelations there.
:10:10. > :10:14.There is also an upcoming course -- court case in Hollande. -- in
:10:15. > :10:21.Netherlands. The theory is there will be some revelations that will
:10:21. > :10:26.put a bad light on Rabobank in the 2006-2007 season, so the timing of
:10:26. > :10:31.their exit could be linked to that court case. It is disappointing,
:10:31. > :10:35.isn't it. Thank you. An update on Malala Yousafzai, a
:10:35. > :10:39.Pakistani girl shot in the head by the Taliban after campaigning for
:10:39. > :10:45.women's writes. She is currently being treated in a hospital in
:10:45. > :10:50.Birmingham -- women's rights. Let's hear the latest update.
:10:50. > :10:55.She is not out of the woods yet but having said that, she is doing very
:10:55. > :11:02.well. She was standing with some help for the first time this
:11:02. > :11:06.morning. She is communicating very freely. She is writing. She has a
:11:06. > :11:16.trachea Skippy Hugh Pym because her airways were swollen by the passing
:11:16. > :11:20.
:11:20. > :11:25.of the bullet -- tracheoscopy tube. She is not able to talk but there
:11:25. > :11:35.is no reason to believe she will not be able to talk once that TB is
:11:35. > :11:39.
:11:39. > :11:43.out. The bullet went down through the side of a poor -- her jaw. It
:11:43. > :11:49.went down through her neck. The bullet was removed in Pakistan
:11:49. > :11:54.fairly swiftly, pretty much straight after the event. Latest
:11:54. > :11:59.update on Malala Yousafzai. Now we have their details of a costly
:11:59. > :12:03.mistake for Google! They got it rather wrong! If you
:12:03. > :12:09.have bad news, the last thing you want to do is be rushed into
:12:09. > :12:17.telling it! They were getting ready to tell the world way profits were
:12:17. > :12:26.20% down last quarter, when somebody leaked news 3 hours la.
:12:26. > :12:31.Shares have fallen 8%. -- A three hours barely. Does that slip make
:12:31. > :12:37.much difference in the long time? It was not good for them but it
:12:37. > :12:42.does not change the numbers. What seems to be happening, there is a
:12:42. > :12:45.seismic shift in the way people access the internet. Everybody is
:12:45. > :12:49.buying Smartphones and they all have internet browsers so instead
:12:49. > :12:54.of using a desktop version of a website, which has room for lots of
:12:54. > :12:59.adverts, they are using a tiny version, which has less room for
:12:59. > :13:05.adverts, and that produces money all round. The so the total effect
:13:05. > :13:11.is the amount of money they get him for every click, as it were, is
:13:11. > :13:15.going down. Yes. Advertisers are paying less to advertise on mobile
:13:15. > :13:22.phones than on desktops, because the advertising industry tends to
:13:22. > :13:27.be a year or so behind the wheel trend. There is not room for as
:13:27. > :13:34.many adverts on the page as well. People are starting gate to use
:13:34. > :13:44.Google slightly less because on Smartphones, you have apps --
:13:44. > :13:45.
:13:45. > :13:50.people are starting to use Google slightly less. What about Motorola?
:13:50. > :13:57.Will this be beneficial? The reason we think Google bought Motorola was
:13:57. > :14:03.for its patents. There are lots of court cases going on. Apple is
:14:03. > :14:07.suing Samsung. Many countries are claiming it has copied its designs.
:14:07. > :14:11.Google bought Motorola to try to get this treasure chest of patents
:14:12. > :14:16.that Motorola owns. They did not buy it for the phone business but
:14:16. > :14:23.it is kind of stuck with it. No one is really sure what it is going to
:14:23. > :14:28.do with it, least of all meat, and not even Motorola. -- least of all
:14:29. > :14:38.me. They will try to work out whether it was worth investing in
:14:38. > :14:41.it, I think. Microsoft has released results that
:14:41. > :14:44.show its first-quarter profit fell, in part due to a dip in computer
:14:44. > :14:51.sales running its Windows operating system. The world's largest
:14:51. > :14:53.software company said quarterly profit fell to $4.5 billion, from
:14:53. > :14:56.$5.7 billion the previous year. Buying a pair of trousers at one in
:14:56. > :14:58.the morning has never been a problem in Cairo, but now a new
:14:58. > :15:01.government proposal to slash trading hours could effectively
:15:01. > :15:05.pull the plug on the city that never sleeps. Proposed legislation
:15:05. > :15:08.would see shops close at 10pm and restaurants at midnight. However,
:15:08. > :15:18.tourist establishments with a special licence, such as hotels and
:15:18. > :15:44.
:15:44. > :15:47.You are watching BBC World use. Toogood To Be True, we will be
:15:47. > :15:56.hearing from the scientist whose company has been making petrol out
:15:56. > :15:59.of fresh air. Doctors in the UK are to become the
:15:59. > :16:02.first in the world to have regular checks to ensure they are safety
:16:02. > :16:09.practice. The British government has announced a nationwide scheme
:16:09. > :16:11.will begin in December. Any doctors failing a five-year review will be
:16:11. > :16:16.in danger of getting struck off the medical register.
:16:16. > :16:20.For 30 years there have been calls for mandatory checks on doctors, a
:16:20. > :16:24.kind of medical MOT. Questions have been asked about when airline
:16:24. > :16:28.pilots are regularly assessed doctors are not. Now for the first
:16:28. > :16:32.time that the UK's 220,000 doctors will have annual appraisals and
:16:32. > :16:38.every five years a review will decide whether the licence should
:16:38. > :16:44.be renewed. Concerns such as poor attitude and read Mr patients could
:16:44. > :16:47.mean that renewal is deferred, but concerns about safety could mean
:16:47. > :16:52.they would not have their licence renewed and mean they are struck
:16:52. > :16:56.off the medical register. The point of the system, we have set it up
:16:56. > :16:59.very painstakingly after a lot of consultation with the medical
:16:59. > :17:04.profession and patients' groups, is that we identify problems early,
:17:04. > :17:08.and give doctors a chance, the very small minority of doctors this
:17:08. > :17:11.might pick up, the chance to address the deficiencies in their
:17:11. > :17:17.skills so that they are able to continue practising.
:17:17. > :17:19.They lessons learnt from scandals of baby deaths at Bristol Royal
:17:19. > :17:23.Infirmary and serial killer GP Harold Shipman have helped to
:17:23. > :17:27.create the new checks were doctors. They are designed as a preventative
:17:27. > :17:34.measure to pick up on the early warning signs of problem doctors
:17:35. > :17:38.before tragedies occur. The US Garton organisation, the Boy
:17:38. > :17:42.Scouts of America, has released thousands of documents related to
:17:42. > :17:49.men suspected of sexually abusing children. They contained Merial --
:17:49. > :17:52.material on how they hushed up numerous allegations of abuse. The
:17:52. > :17:56.Boy Scouts of America said it did all they could to protect boys in
:17:56. > :18:01.his care. An acclaimed Turkish pianist has
:18:01. > :18:05.gone on trial in Istanbul accused of insulting Islam. The charges
:18:05. > :18:09.relate to controversial messages including one or mocking a call to
:18:09. > :18:12.prayer. He has rejected all the accusations.
:18:12. > :18:15.After two months in the international will do this Kevin
:18:15. > :18:20.Pietersen is back in the England Test squad for the upcoming tour of
:18:20. > :18:24.India. -- wilderness. He was dropped in August for sending
:18:24. > :18:34.provocative text messages to opposing players during the Test
:18:34. > :18:37.
:18:37. > :18:41.The headlines: European Union leaders agree to phase in eight
:18:41. > :18:44.single supervisory body for European own bankers.
:18:44. > :18:47.The Dutch lender Rabobank is withdrawing its sponsorship of
:18:47. > :18:52.professional cycling saying it cannot trust the sport to be drug-
:18:52. > :18:55.free. Back to the European Union summit
:18:55. > :19:00.where David Cameron is giving his reaction to the latest agreement in
:19:00. > :19:05.Brussels. We are a trading nation, we need
:19:05. > :19:09.Europe's markets to be open, the European Union accounts for around
:19:09. > :19:13.50% of our trade, and having those markets opened means widowed just
:19:13. > :19:15.want to be able to trade with Europe, we want a say over the
:19:15. > :19:22.rules about how that trade works and that is exactly what our
:19:22. > :19:25.membership gives us. It is a false choice between saying you can
:19:25. > :19:29.either accept the status quo or you have got to leave. The whole point
:19:29. > :19:33.is that is not whether British public is, where I am, what we
:19:33. > :19:37.should be seeking, as Europe changes, as the Europe -- eurozone
:19:37. > :19:43.integrates, saying they should be opportunities for a fresh
:19:43. > :19:50.settlement to get the best possible deal for Britain. What assurances
:19:50. > :19:54.have you had leaders are willing to negotiate afresh settlement?
:19:54. > :20:00.You have got the situation today. What have we been here discussing?
:20:00. > :20:06.We are discussing a fresh settlement for the eurozone. The
:20:06. > :20:12.banking union, a fresh settlement for the eurozone. They need to have
:20:12. > :20:16.a big comprehensive banking unit. We have a single currency, we have
:20:16. > :20:23.Four Nations they use a single currency. We have a banking unit.
:20:23. > :20:28.If a bank goes bust we have proper resolution regimes, proper deposit
:20:28. > :20:35.guarantees, they need a banking union. That is part of their fresh
:20:35. > :20:39.settlement. I don't accept the European Union is fixed and stuck
:20:39. > :20:44.in one-track. It is changing. You can see how it is changing right
:20:44. > :20:53.now with the eurozone having to integrate more quickly. The two
:20:53. > :20:57.things we have been discussing in the last they also -- the last day
:20:57. > :21:00.also, at the budget for November, but this whole idea that the
:21:00. > :21:05.eurozone might need to have a separate budget is on the table.
:21:05. > :21:10.Pat is a massive change, that is a new settlement. A sign of change to
:21:10. > :21:14.come. This issue of the banking union and how you safeguard
:21:14. > :21:19.properly the single market if the countries of the eurozone go ahead
:21:19. > :21:23.in the banking union. This is about the plate of Europe moving and
:21:23. > :21:27.changing and the right thing for Britain to do is say what is in our
:21:27. > :21:30.national interest? And would argue it is to be at the heart of the
:21:30. > :21:33.single market, absolutely key, as a just as the eurozone is changing
:21:33. > :21:38.and there are fresh settlements so there are fresh opportunities for
:21:38. > :21:41.Britain. David Cameron giving his reaction
:21:41. > :21:45.to the European Union leaders agreeing to phase in a single
:21:45. > :21:50.supervisory body. He says the European Union is changing, this
:21:50. > :21:54.doesn't affect British banks. With just over two weeks to go
:21:54. > :22:04.until the presidential election's a month at Mitt Romney came face to
:22:04. > :22:05.
:22:05. > :22:13.face again on Thursday evening at a white tie event. -- Barack Obama.
:22:13. > :22:17.Neither could admit the chance to get one over on arrival. Barack
:22:17. > :22:20.Obama and Mitt Romney agreed to play nice. The aggression of the
:22:20. > :22:23.campaign was to be left out the door. Lead to scrapping school boys
:22:23. > :22:30.they were kept apart. The Archbishop of New York was sitting
:22:30. > :22:36.between them. Mitt Romney started off the decks with self-deprecation.
:22:36. > :22:42.A campaign can require a lot of ordered changes. Blue jeans in the
:22:42. > :22:47.morning, a seat of for a lunch fundraiser, spot code for dinner,
:22:47. > :22:51.but it is nice to finally relax and wear what we wear around the house.
:22:51. > :22:55.Portrayed by Democrats as a heartless plutocrat Mitt Romney
:22:55. > :23:01.probably benefited from being able to laugh at his own wealth. The
:23:01. > :23:11.joke wasn't only on him. Soon he was needling the President. We are
:23:11. > :23:14.
:23:14. > :23:17.down to the final months of the President's term. As he surveys the
:23:18. > :23:22.Waldorf room with everybody in white tie and finally you have to
:23:22. > :23:28.wonder what he's thinking. So little time, so much to
:23:28. > :23:33.redistribute. Political strategists say candidates likeability matters
:23:33. > :23:38.because voters don't listen to politicians they don't like. Barack
:23:38. > :23:43.Obama used his Dexter can do at the criticism he is arrogant and aloof,
:23:43. > :23:46.while also gently mocking his opponent. After my foreign trip
:23:46. > :23:52.into doesn't donate a was attacked as a celebrity because there was so
:23:53. > :23:58.popular with our allies overseas. I have to say, I am impressed with
:23:58. > :24:06.how well he has avoided that problem. He again got some laughs
:24:06. > :24:10.but he was also forced to defend his record. Do you feel you have
:24:11. > :24:15.made a stronger affirmative case or negative case? Four years ago I
:24:15. > :24:21.said I would end the war in Iraq, would pass healthcare reforms, a
:24:21. > :24:25.major people don't get bankrupt, I have. Refocus our attention on al-
:24:25. > :24:29.Qaeda, we have. They will meet for their final debate on Monday. The
:24:29. > :24:39.questions will all be about foreign policy. The encounter will be far
:24:39. > :24:43.With fuel prices rising around the world do you ever wished you could
:24:43. > :24:46.create petrol out of thin air? British scientists say they have.
:24:46. > :24:49.Researchers have been trying to create this kind of technology for
:24:49. > :24:54.the past few years and a small British firm says it has become the
:24:54. > :25:00.first to show it is viable. Let's cross to Fiona trot to has the
:25:00. > :25:07.evidence. -- Fiona who has the evidence.
:25:07. > :25:10.It looks like your, smells like fuel, but many affected here at
:25:11. > :25:17.this tiny unit on an industrial estate in the north-east of England.
:25:17. > :25:24.Let me show you how it is produced. Inside here there is a tank with
:25:24. > :25:27.methanol that has been created on site. It is converted into an
:25:28. > :25:31.alternative to diesel used in countries like Sweden to power
:25:31. > :25:36.public transport, then it is distilled into this tank here where
:25:36. > :25:41.the fuel comes out. Their speed to the chief-executive of the company,
:25:41. > :25:46.Peter Harrison. Scientists are scratching their chins saying it
:25:46. > :25:50.will very good but how efficient is it? How viable is it?
:25:51. > :25:56.We have been concentrating on building a demonstration Facility.
:25:56. > :25:59.Demonstrate all these particular technologies can come together. We
:25:59. > :26:03.have a design this for efficiency but potentially it can be very
:26:03. > :26:13.efficient stock you have to evaluate that. How long does it
:26:13. > :26:15.
:26:15. > :26:21.take to create a litre? The process here come producer later in about a
:26:21. > :26:26.day, working an eight hour shift. What about the energy it takes to
:26:26. > :26:32.produce it? We are concentrating on making this from a renewable energy
:26:32. > :26:35.so concentrating renewable energy and storing it and using carbon
:26:35. > :26:40.dioxide which we can get from the air to make a carbon neutral
:26:40. > :26:43.process which will help solve all contribute to solving climate
:26:44. > :26:49.change issues. Thank you very much. The very early
:26:49. > :26:53.stages, maybe in 15 years' time it can be produced on a much larger
:26:53. > :26:57.scale, if the economics worker, in the meantime he could be a wok will