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This is BBC World News Today, with me, Tim Willcox.
Political paralysis in Greece over how to deal with the country's debt
crisis. His this potentially the beginning of the end of the euro?
What we need most today is unity. We need to move on from these
national quarrels and get back to the sense of our common destiny.
The long-time deputy to Osama Bin Laden is named as Al-Qaeda's new
chief. He vows to continue the campaign against the West.
Cashing in on the booming economies. What will it mean for Europe's
energy supply if Russia plugs into China?
And how Vancouver became a riot zone after a lost game of ice
Welcome. With Greece in political and financial turmoil, French
President Nicolas Sarkozy has called on Europe to urgently reach
an agreement in helping Athens and preserving the stability of the
eurozone. Our task, he said, is to defend and safeguard the euro.
Without the euro, there is no Europe. In Greece itself, Prime
Minister George Papandreou is expected to announce a Cabinet
reshuffle which she hopes will help get his austerity measures through
Parliament. The streets of central Athens this
morning. Like the eurozone itself, in a bit of a mess. A new
government is coming and a vote of confidence in parliament. In a
country all but bankrupt, people are reaching the end of their
tether. TRANSLATION: And think the Prime
Minister is trying, but when it actually achieve anything? -- I
think. They should have taken action year ago, this woman says.
Yesterday more frustration erupted onto the streets again. A violent
protest against massive austerity measures and job losses, much of it
couched in nationalist terms. Many Greeks wonder whether the high
price of staying in the euro is still worth paying. And the rest of
Europe is worried. They have already given billions degrees but
the medicine has not worked. Now they need to raise more money to
keep Greece afloat. There is a sense that nobody knows what to do
next. A sense of paralysis. TRANSLATION: We need unity. We have
got to move beyond national quarrels. We have to defend a
single currency and a European institutions. Earlier this week,
finance ministers spend hours discussing how to pay for a second
Greig but could not agree. Germany and others want private bondholders
like big banks to take their share of the pain. The European Central
Bank and the French say imposing losses on the private sector could
panic the markets and make financial jitters spread. European
leaders on the -- meeting here next week to talk about Greece. They
will probably find a compromise eventually. The stakes are too high
for them to fail. But if the Greeks themselves no longer accept the
terms of the deal, the crisis will deepen, and that could affect us
all. Let's cross live to Athens and
joined our correspondent. George Papandreou is announcing a
reshuffle soon, we think. Will it make it less or more likely that
these measures will work? We're waiting to see what the
constitution of this new government will look like an there are many
serious political commentators who believe George Papandreou is having
trouble attracting the right calibre of people that will give
the Socialists the confidence to pass these austerity measures. For
example, one man touted as being a potential Finance Minister, who is
a former vice-president of the Council, is out of the country, and
George Papandreou is hoping to have his counsel sworn in. Other members
of the international community will be also struck by the possible
appointment of a minister who does not speak English. Another minister
who does speak fluent English has been saying the same message.
George Papandreou had his standing ovation from some of the socialist
but others sat on their hands because they were not impressed.
This will decide whether or not Greece will carry those austerity
measures forward on Sunday. Will Athens get this latest amount
of cash or will it have to default on its debt? We will discuss what
it means for the eurozone and other general issues with Megan Greene.
Some people are describing this as a leaning moment? We might see the
eurozone unravel with Greece. George Papandreou has a bit of time
but only a little bit. Most ministers are against these
austerity measures and most importantly, so is the public. So
even if this next package is passed, the power of this government will
be limited and see Greece plunged into a crisis soon. The economy has
produced more globally compared with others, but does it have the
potential to unleash a huge amount of destruction? It does. It could
do this through general market jitters and contagion, although it
is largely Greek banks and pension funds that are holding Greek
government debt. But you also have to think, who is next? The answer
to that is clearly Portugal and after that Ireland. If it agrees
defaults, it is not clear that Ireland and Portugal would. But
they might think that they could go through a few more pain for years
or go through the same thing that Greece has done. The implications
on the banking system in the eurozone are huge and I think we
might start to see some of these peripheral countries move out of
the eurozone. Would it not be cheaper in the long run for the
banks to take a haircut and keep piling money in degrees? Absolutely.
It is a question of who is paying for this. Some of the core
countries would rather see the bridge for countries pay for it
than their banks. Thank you. If the new leader of Al-Qaeda, Ayman Al-
Zawahiri, has vowed to continue the grip's holy war against the United
States, Israel and their allies. A familiar face, now in charge of
Al-Qaeda. This is the most recent video of Ayman Al-Zawahiri,
released only last week. He has been the group's strategic driving
force the years, so no surprise that he has succeeded Bin Laden.
The videotape was in collaboration of Bin Laden but if you read
beneath the lines, he is saying, I am the boss now, listen to me, this
is my instruction and strategy. two men were close but it was Al-
Zawahiri to radicalised at Bin Laden in the 90s, got him to think
big, broad and his message and took the fight for America. The 9/11
attacks were masterminded by others but they were part of Al-Zawahiri's
strategy to punish the West for supporting Israel. This conflict
for him has been personal. We have tried our best to establish an
Islamic state and society. If here he is imprisoned after the
assassination of Anwar Sadat, the Egyptian President. He fled to
Afghanistan. He helped form their parliament. He is different from
Bin Laden in terms of vision, so he will focus on the Middle East and
already, I think, he will produce a series of five or 6 very long
lectures. It is all about the Middle East and how the next
generation, the Islamists and Al- Qaeda, will explode this
opportunity. He may not have much time. Ayman Al-Zawahiri has a $25
million bounty on his head and US intelligence has been closing in on
key Al-Qaeda operatives, removing them one by one. He could well be
next. Al-Qaeda has suffered many deadly
blows in recent years, so what sort of organisation does Al-Zawahiri
inherit? The affiliates appear to be established. Indonesia appears
to be seeking an Islamist state. Training camps have been
established in Pakistan. In Yemen, several hundred people believed to
be members of an affiliate are in the Arabian peninsula. All across
North Africa, the group has been a bold and kidnap and ransom. Let's
go it at Oxford studio, where we can speak to Dr Ishtiaq Ahmad, who
is a widely published expert on security. It is said he was
selected after consideration. Does that imply this was a fiercely
competitive election? It was at absolutely clear right from the
beginning when Bin Laden died that Ayman Al-Zawahiri will be the
likely replacement, although there had been people within the
organisation who have been critical of Al-Zawahiri, and obviously,
anybody close to the founding charismatic personalities such as
Bin Laden, they would be people who would be jealous of him. But I
think it took six weeks for the leader and successor to Bin Laden
to appear in Al-Qaeda and in my opinion, for now, we can only
speculate as to whether it will help Al-Qaeda overcome the
leadership crisis or it will take Al-Qaeda to awards the downward
slide it has been on for some time. When you look at what has been
happening across North Africa and the Arab Spring, they don't seem to
have had any presence in that at all thus far? Al-Zawahiri's credit
so far is that Al-Qaeda began as an organisation which was specific,
meaning that they wanted the withdrawal of American troops from
the Holy Land. And then Al-Zawahiri was the one who basically through
his influence on Bin Laden. He globalised his world-view and
brought in all of these Palestine, Kashmir macro and other world
issues. It was a broader and Middle-Eastern specific review.
When the revolutions have taken place, we find that the radical
Islam is no way. But it might be a temporary phenomenon. There is
uncertainty as to which way these revolutions or emerging
developments in the Middle East and North Africa will go. Al-Qaeda has
historically tried on grievances, real or imaginary, as they emanate
from these transitory and uncertain times in the Muslim world. Thank
you. Let's have a look at the Bay's
other news. The radical Muslim cleric, Abu Bakar Bashir, has been
jailed for 15 years for organising an Islamic militant group and being
involved in the 2002 barley bombings. His conviction was
overturned. A Russian envoy says he can
envisage a future for Libby were -- for Libya where coal Gaddafi
remains in the country but power moves to the opposition. Mikhail
Margelov said Gaddafi had lost credibility among his people.
With the thousands of people already having fled northern Syria
into Turkey, there reports the Syrian army is now moving in on
another town in the north. Human rights activities said dozens of
tanks, personnel carriers and trucks have moved into Jisr al-
Shughour. In Britain, a juror who contacted a
defender and five Facebook, causing a trial to collapse, has been
jailed for eight months for contempt of court. In the first
case of its kind in the UK, Joanne Fraill admitted breaking the rules
covering trials which prevent jurors investigating cases and
making direct contact with defendants.
The BBC Trust has ordered the BBC to apologise after a programme
revealing that the manufacturing of clothing for Primark. He is said it
is more likely than not that footage of a Bangalore workshop and
young boys working was not genuine. A bomb has exploded outside the
Nigerian capital at police headquarters. It is claimed at
least six people were killed. Police believe a suicide bomber was
behind the attack. If Nigeria's police force is
charged with protecting the country's citizens. But as plumes
of dark smoke rose from the car- park of their own headquarters, it
was clear they had failed to even protect themselves. A blast that
was heard across the capital said buildings and other vehicles on
fire. This man was on his way to work as the bomb exploded.
sought the blast in the air and that is when I knew it was a bomb.
A fee emergency services scramble to the scene and began the big task
of working out how many had died. The police said they believe the
bombing to be the work of an Islamist group. They are believed
to be opposed to Western education. Two years ago, hundreds of people
died when a security force destroyed the compound and killed
their leader. In the last few weeks, attacks on police stations have
On Tuesday, the head of the Nigerian police service travel to
the north taking reinforcements and equipment and promising to end the
Boko Haram problem within a few months. This bomb explosion in
Abuja or may well have been their response.
Vancouver has been voted one of the world's best cities for five years,
after last night, that reputation might need reassessing all because
of a lost ice hockey game. Angry fans set fire in the streets.
According to the police force, it took a small army of offers to get
the chaos under control. They had come expecting to see
their team triumph. Instead of the Vancouver her fans
experienced only humiliation as Boston one at the British just a
Stanley Cup. He -- this prestigious the Cup.
Are several hours, downtown Vancouver was turned into a riot
zone. There were running battles between
some fans and the police. Others a smashed shop windows and
there were reports of widespread looting.
For those not involved in the violence, there was only
embarrassment. This is wrong for the city. This is not a reputation
we want. After the Olympics, we did so much to bring the city to where
it is today and this is what we do now? This is not what the City
wants. Fire crews were called into action
as the mob set light to vehicles and piles of rubbish. A plume of
black smoke could be seen over the Vancouver skyline. The City has
paid a high price for sporting defeat.
One of Russia's richest men is planning to invest billions of
dollars in a scheme to sell electricity to China. Oleg
Deripaska wants to build a series of hydro-electric dams in Eastern
Siberia and export the power southwards to cash in on Asia's
booming economies. Our Moscow Correspondent, Daniel Sandford,
travelled to Kodinsk to see one of the dams that is now almost
complete. Putting the finishing touches to
what will be one of the world's most powerful hydro-electric dams.
This was built in their Siberian well done us. It is due to start
generating next April. Producing electricity from Siberia's huge
water resources is back in fashion. Russia has woken up to the huge
market for power on its doorstep. This enormous network of hydro-
electric dams that is planned for eastern Siberia has the potential
to generate a vast amount of electricity. Where I am standing is
a good deal closer to China than it is to the big population centres of
European Russia and -- Russia. Leading the charge to turn water
into cash is Oleg Deripaska. How soon do you think you can be
shipping significant amounts of electricity to China. Five years.
And how much could you be shipping within five years? Up to 15 key
locks. I mean, 15 billion kilowatts. And the infrastructure in terms of
grid infrastructure. You need to reinforce the three existing points
and build one more bread. Russia already has an agreement
with China to sell up to 60 billion kilowatt hours per year within a
decade. More than enough to power Greece or Hong Kong. It could
prevent the banning of 20 million tonnes of coal each year.
Environmentalists say the experience from previous dams has
been that great river stagnate and valuable Forest are wasted.
They say they are building these new dams on Siberian rivers to save
the planet than greenhouse gases, so the question is whether we are
ready to destroy the Siberian environment.
And the new power station is coming at a price. Remote Siberian towns
have had to be destroyed before the waters rise.
Former residents are already mourning their way of life.
TRANSLATION: The most tragic thing is the elderly people who started
dying within a year because they lost their village houses and their
neighbours. In return had been given flats with nothing but a
television for company. In another almost abandoned village,
we found another villager refusing to leave until he was paid
compensation. TRANSLATION: Nobody needs this
power plant anywhere. There are other plants on this weather that
work at half capacity and now it turns out this is all about exports
to China. At times the resources hidden in
Russia as well done us seem almost endless. Hydro-electric power, oil,
gas, coal, all there in abundance. Landscapes left almost untouched by
man will be swept aside in the rush for profits.
Let's talk to James Nixey. With this irresistible riches
potentially coming from China, what will this mean for Europe's power
suppliers. It is tricky. Russia currently directs 95% of energy to
Europe. That will change slowly. Russia itself is a difficult
partner at times and that means it theoretically threatens to go east,
but it cannot do that soon. Russia has a weak southern flank and the
Arctic north. Russia is spread thinly. Should Europe be looking 10
years down the line at what is going to be a depleted power
supply? Very much so. Russia's own reserves are dwindling. It cannot
access reserves in the North just yet. So, really, Europe need to be
looking at a Diversity of energy supply is. There is this pipeline
which is being discussed between Russia and China at the moment, it
has not been signed off, but these two countries are tricky
negotiators, aren't they? It will be interesting to see he backs down
in terms of pricing. They also not equal. China is a rising power. It
looks upon Russia as something of a quarry. Russia, on the other hand,
thinks of itself as an equal partner. So really it our
perceptions of Russia and China need to alter. There is only one
rising superpower in the world and that is China. Russia is a poor
player in Asia. In terms of the volume of gas, I was reading
somewhere that they might take the equivalent of all the gas consumed
by the EU by 2030. We are talking about huge quantities. China
requires huge quantities. The South East region requires it. It is not
easy for Russia to get that energy from the EU or China. The pipelines
have not been built yet. The lots of places have significant reserves
in the Caspian Sea, by example. Briefly on the gas prices in China,
presumably that is under state control so does not reflect the
market price. Does that mean they are selling the gas at a loss?
is true. The Chinese drive a hard bargain. As far as this is
concerned, china is indeed playing with the cards in its favour.
A quick reminder of our main headline, Nicolas Sarkozy has urged
European leaders to reach an urgent agreement on the best way to help
Greece preserve the Eurozone. I'll -- Al-Qaeda has planned to
continue its holy war under its new leader Ayman al-Zawahiri. He was
the second in command to a Osama Bin Laden.
And so news just come in from the United States, up the congressmen
Anthony Wheeler has just announced his resignation from Congress
following there has text messages that he had sent to various people,
various women, of himself in boxer shorts.
That is it from the programme. Goodbye.
Sunshine and showers today, tomorrow you'll be lucky to stay
dry. It will turn increasingly cloudy and wet and will be breezy
cloudy and wet and will be breezy as well. This weather front well
developed through the night edging its way towards the south-west of
the UK. Isobars tightening up. Bright enough to start through
eastern areas of the UK, then slowly clouds will gather in the
vain band. Do easternmost areas it will be cloudy with patchy
outbreaks of rain. The further south you are, a spell of heavy
rain through the afternoon. As we have seen today, that could cause
spray on the road. For the south- west of England, a grey and wet
start stained wet throughout the day. 25 mm of rain. Cloudy across
Wales. Northern Ireland having a different day. Sunny spells and
scattered showers. The rain will start of heavy across