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Page last updated at 05:56 GMT, Saturday, 11 October 2008 06:56 UK
Today: Saturday 11 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.

Following a torrid week on the financial markets, ministers from leading industrialised nations have pledged action. Is it going to help? Business reporter Joe Lynam explains how the group plans to work together to stabilise the world's panic-stricken money markets.

The Republican vice-presidential candidate Sarah Palin has been found guilty of an abuse of power by an official inquiry in Alaska. Steve Chittenden reports on how the woman in the running for the vice presidency was accused of sacking a senior state official, Walter Monegan, in connection with a family feud.

Today's papers

Yesterday in Parliament

The educational charity the Sutton Trust has commissioned some research on social selection in schools admissions - it has been done by the Evaluation and Monitoring Centre at Durham University and Dr Lee Elliot Major, director of research at the Sutton Trust, explains the research.

Sports news with Rob Nothman.

As the financial crisis continues, those without an in-depth knowledge of financial matters have been forced to become instant experts, and master some complex financial jargon. Credit default swaps are the next problem on the horizon, according to Gillian Tett, the Financial Times columnist. Marcus Schüler of Markit, a credit default benchmarking company, explains their importance.

Today's papers.

In the old days of industrial strife the phrase "beer and sandwiches" became synonymous with those long late night union negotiations. Now there is a food phrase to describe the current negotiations with bankers over the financial crisis: it is called the balti bailout. Michael White, the assistant editor of the Guardian, looks back over the history of political food.

Thought for the day with the Reverend Roy Jenkins, Baptist minister in Cardiff.

The winner of the Man Booker Prize will be announced in a few days - and we've been talking to the six shortlisted authors. The latest on the list if one of India's best known writers, Amitav Ghosh. His latest book, Sea of Poppies, is a historical novel set in the mid-19th Century, just before the first opium war between Britain and China. Arts correspondent Rebecca Jones talks to Amitav Ghosh about the book, which is set on board a tall-masted sailing ship, the Ibis.

Nato has agreed its troops will be allowed to attack opium factories for the first time in Afghanistan, in an attempt to stop drugs financing the Taleban. David Loyn reports on the move.

US Treasury Secretary Henry Paulson says the G7 nations had a clear vision of what needed doing to solve the financial crisis, and have been working together to stabilise the world's panic-stricken money markets. He said: "This action plan provides a coherent framework that will direct our individual and collective policy steps to provide liquidity to the markets, strengthen financial institutions, protect savers, and enforce investor protections." And he added that it was never more important to find solutions to produce stability. Business editor Robert Peston evaluates the proposals along with Steven Bell, chief economist at GLC Hedge Fund.

A report prepared for the state legislature in Alaska says the governor of Alaska and vice-presidential candidate Sarah Palin is guilty of abuse of power. Mrs Palin was accused of sacking a senior Alaskan state official Walter Monegan, in connection with a family feud. Ivan Moore, an independent pollster based in Anchorage, explains the story.

Can machines think? That was the question posed by the great mathematician Alan Turing. Half a century later, the theory is being tested at Reading University and science reporter Tom Feilden is there to see.

Sports news with Rob Nothman.

The financial crisis has moved with enormous speed over the past week - with perhaps the most frightening aspect being that governments have seemed powerless in the face of events. So what has happened over the past few days as the financial hurricane gathered strength?

The far-right Austrian politician, Joerg Haider, has been killed in a road accident in Southern Austria. Mr Haider turned his Freedom Party into a potent political force in Austria in the 1980s and 1990s, bringing much international criticism. Correspondent Bethany Bell explains his legacy.

Today's papers

What would a map of the world look like if it were drawn not according to its size and geography but according to its population, wealth or even health? A new atlas aims to do that. Author Danny Dorling, professor of human geography at the University of Sheffield, and Dr Michael Wood, a retired senior lecturer in Geo-spatial science, at Aberdeen University explain maps and map making.

It has been a disastrous week on the financial markets - but what will the long-term effects be, not just on the financial system but on the way we live our lives? Oliver James, a psychologist who has written a book called Affluenza, and Dominic Sandbrook, an historian, discuss whether we will be tightening our belts.



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