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Page last updated at 06:15 GMT, Tuesday, 7 October 2008 07:15 UK
Today: Tuesday 7 October 2008

PLEASE NOTE: We are unable to offer transcripts for our programme interviews. Today is broadcast live and the running order is subject to change.

Germany's DAX index of leading companies took a sharp fall, despite German Chancellor Angela Merkel appearing to give a blanket guarantee of all German bank deposits. Former Europe Minister Denis MacShane says that without the stability of the euro, there would have been huge runs on individual currencies.

Business news with Adam Shaw.

People with dementia say friends have distanced themselves after hearing about the diagnosis, new research suggests. The Alzheimer's Society says a national campaign is urgently needed to improve public understanding of the condition, which is plagued by stigma. The author Terry Pratchett, who is launching the research, discusses his $1m donation for work into the disease.

The UK government's official climate change advisers have raised the bar on ambitions to cut emissions. The Committee on Climate Change (CCC) said a cut in greenhouse gas emissions of at least 80% by 2050 should include international aviation and shipping. David Kennedy, chief executive of the CCC, discusses his advice to the new Energy and Climate Change minister, Ed Miliband.

Sports news with Rob Nothman.

The Chancellor Alistair Darling will meet his fellow European finance ministers with analysts still unsure exactly what coordinated action they can take. The heads of Britain's biggest banks told him to move fast. Business editor Robert Peston explains what happened at the meeting with the heads of the UK financial sector.

Today's papers.

Barack Obama and John McCain will face each other in their second televised debate in the race for the White House. Correspondent Kevin Connolly reports from Cairo, Illinois. White business owners fled after rioting and civil rights protests in the 1960s - but now a new black mayor appears to be ushering in more hopeful times.

Thought for the day with Dr Injarit Singh, director of the Network of Sikh Organisations.

Human evolution is over, according to a leading geneticist. Professor Steve Jones, of University College London, says the human race is as fit strong, intelligent and healthy as it ever is going to be.

What are the effects of the turmoil on financial markets on the "real economy" and small businesses? Stephen Alambritis, of the Federation of Small Businesses and Timothy Melgund, chief executive of stationers Paperchase, discuss whether the UK economy is "already in a recession".

The FTSE 100 closed down 391.06 points, its biggest fall since the crash of October 1987. Business presenter Adam Shaw reports on the first few minutes of trading on the London Stock Exchange.

The oldest surviving draft of the novel Frankenstein is being put on display. The Bodleian Library in Oxford acquired the text in 2004. Since then, it has been subjected to close analysis to work out how Mary Shelley's original words were changed by her husband, the poet Percy. Correspondent Sanchia Berg reports on the publication of the original Frankenstein.

Sports news with Rob Nothman.

There are now increasing calls for the US to commit to a massive surge in troop levels in Afghanistan, seven years since the US-led invasion began. Retired US General Jack Keane, one of the architects of the Iraq surge, and Colonel Tim Collins, known for his eve-of-battle speech in 2003, discusses whether a strategy similar to the one used in Iraq would work as well in Afghanistan.

There is a booming market for so-called "legal highs", recreational drugs sold on-line, at music festivals and in specialist shops. The manufacturers claim they offer a safe, legal alternative to drugs like ecstasy and LSD. Home affairs correspondent Rory McLean reports on a whole new family of drugs found on the market as the industry tries to stay one step ahead of the law. Harry Shapiro, of the charity Drugscope, says the internet has made it easier to find out about legal drugs.

Business news with Adam Shaw.

It is over 15 years since the Waco siege, a 51-day stand off centred on a religious cult called the Branch Davidians and its leader David Koresh. The botched raid by federal officials, looking for illegal firearms, ended in a huge fire. During the whole episode, more than 80 people lost their lives. One of the Branch Davidians who survived was a British man from Nottingham. Reporter Jon Manel speaks to the man who, after spending more than 14 years in prison, has returned to the UK.

EU finance ministers are to meet in Luxembourg to consider what they should be doing about the economic crisis. Derek Scott, former economics adviser to Tony Blair, and Katinka Barysch, deputy director of the Centre for European Reform, discuss whether EU countries will continue to look out for their own economies first.



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