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>> and now, "bbc world news." >> here are the headlines. steve jobs, co-founder of apple, and the most successful businessmen of this era, has died at age 56. targets are being paid to the man who introduced the ipod and the iphone to the world. president obama said the was among the greatest of american innovators. >> fighting for the future of the euro zone, the imf warns of a possible return to the recession. thousands joined protest amid mounting anger over the financial crisis. >> we are broadcasting to viewers in pbs in america and around the world. this is "newsday."

>> the co-founder of apple, steve jobs, has died at the age of 56. he was one of the world's best known business leaders and was credited with transforming the world of digital technology with the apple-mac personal computer, the ipod, p. ipad, and iphone. he has fought a long battle with cancer and step down as apple's chief executive in august because of health problems. >> we will make some history together today. >> january 2007, a classic steve jobs performance. >> a simple product launch turned into a major event by a man with the charisma of very rare in the technology world. >> i would like to order 4000

lattes to go, please. >> the success was the latest triumph for the company that showed that the design was essential for good computing. the apple started -- story started at an amateur computer club, when steve jobs' next steve wozniack. it was steve wozniack who brought the engineering expertise, but it was jobs that have the drive to return apple into a business. >> he wanted it to be successful. all the work that it takes to really have a company that has a vision. >> in january, apple computer will introduce macintosh. >> it was in 1984 that opera really change the world. the first personal computer

navigated by a mouse. steve jobs business was becoming more professional, hiring a senior executive from pepsi to run the firm. >> he looked up at me and said, do you really want to sell sugar water for the rest of your life? do you want to come with me and change the world? bucks the partnership was short lived. apple hit choppy waters. he was forced out of the business that he founded. away from apple, steve jobs made a very astute investments, buying pixar. pixar made jobs record in 1997, he returned to topple. -- returned to apple. it was and imac that signaled a resurgence. it was the arrival of the ipod that showed that apple could move beyond computing.

it soon dominated the market. it also increased the devotion of those that sell apple as far more than just a business. as a movement with steve jobs as the leader. >> steve jobs is the cult leader of obol. >> he is apple. >> he was a man who cared about what products look like, not just what they did. steve jobs, a visionary. >> tributes have been coming in from the highest levels of politics. the brilliant, passion, and energy was the source of countless innovation. president obama said he was one of the greatest american innovators. bill gates said the world rarely sees someone new is that the

profound impact steve jobs as fast. the effects of be felt for generations to come. facebook founder mark zuckerberg said thank you for showing that what you build can change the world. ordinary people have been paring their attributes to the co- founder. >> i think apple has changed how people think about their relationship to technology. >> he was a man of great perspective. he had a vision for apple. he really put them on the map. >> it is very innovative, open to new ideas. everything about apple is out of the box. >> he will be considered an industrial giant on the scale of thomas edison and henry ford. one of the greats of all times. >> peter, not far from where you are, he leaves a legacy in silicon valley. >> that is right.

california is very proud of steve jobs. that is how people feel about steve jobs. he managed to achieve at apple and all of the gadgets, the computers, the macintosh computers that he developed over the years. the iphone and the ipod, people use these gadgets every day. not only in california, but around the world. look at the internet right now. a lot of people are tweaking the the very familiar apple symbol. if you look at the website, it is then replaced with the word steve jobs. it is a black-and-white photograph of steve jobs. he is someone who has affected so many people around the world. not everyone realizes how much this man has affected them. he has been a hugely influential

figure. not only in electronics, but everyday life for some many people. >> thank you. joining me now from new york is our correspondent, looking at the business aspects of this. steve jobs was apple. can apple logo on without him -- pineapple go on without him? >> there has been a lot of speculation for a long time about whether you could separate apple the company from steve jobs. he was so much behind the innovation, the countless innovation over the years. i suspect when its shares began trading in apple again, when people live that a chance to digest the news, we may see a slight fall and the share price on the initial reaction. what happens longer-term? that is harder to predict. people have been saying that tim cook, who is now head of the company, is a very competent

leader and that the company has quite a deep bench of executives and managers to fill the gap left by steve jobs. the company has many products that it can unveil in the years ahead. new versions of the ipad, the iphone, the ipod. the company will be all right for the next few years. the speculation is what happens after that? >> the work of steve jobs, it will not leave us for some time. he was very hands-on and much of this work is yet to reach the market. >> that is right. that is some of the comfort investors have been drawing over the last few months. we have seen steve jobs held become more and more of an issue. that was why david -- that is why there was some relief when it tim cook was a made the chief executive of the company. people invested, we know what

will happen next. this is a company that he built into one of the largest in the world. >> thank you. he also wrote the steve jobs biography. he joins me now from san francisco. thank you for joining us. i am sure the loss of -- since the news of steve jobs. what are people saying? >> a lot of people have written to us, that steve jobs was one of the biggest influences in my life. it was the reason they became a designer or a programmer. there is a lot of upside. people are going down to the apple store is to pay their attributes.

-- pay their attributes. there are lots of people morning for him. perhaps it is easy to understand why and -- it is easy to understand why he is innovation touched everybody. why do you think steve the person seem to touch everybody's lives? >> it is hard to discern. he was a multibillion-dollar, not the kind of person that people normally worship. he had a massive cultural influence. the iphone4 was like the beatles releasing an album in the 1960's. apple has become a major part of our culture. because he was so private to and he was cool, he was into music, he had a sense of famer. he was a bit of a villain.

people knew that he was a little bit evil and that made -- that gave them mistake. he had huge charisma. >> what do you think is a the most interesting aspect of his career and his life? it was not all plain sailing, was it? >> he was dismissed up until a few years ago. most of its endeavors -- he came out with the ipod, that was seen as a fluke. when he came out with the iphone any ipad, people started saying, there is something more to this than luck. any of these things -- any one of those would have cemented his place in history as an

innovator. but you have seven in a row. it's has been an astonishing run. >> indeed. thank you for speaking to us. we can speak to our next guest, a technology expert from san francisco. what was he like to work for? >> it was the company that he started after he left apple. he was really given the boot. he was relieved by the boards of day-to-day managerial responsibilities. he said, i am going to get even. i will start a company that will be better done apple.

i would not say that i had any insights into his personality, but we did have lunch and that kind of thing. this was someone who had a mercurial personality. he was also someone who was brilliant. the irony is that he started mac and it was bought by apple. the company that he started to displaced apple, it became apple. >> do you see him as a great inventor? he has been described as the henry ford of part-time. was he just a slick marketing salesmen? >> more of a visionary, and i do not use that term likely.

it is someone you had the vision of the way that computers should be. they should be things that people want to use. they should be friendly. it seems so obvious now, but it was not obvious back in the late 1970's or 1980's. a reshaped the way we attracted technology for the better. >> many thanks for speaking to me. >> still to come, more trouble in the euro zone at the international monetary fund warned that the european recession cannot be ruled out in 2012. >> we will be finding out why the former governor of alaska, sarah palin, has ruled herself out of next year's presidential race.

>> new figures show the british economy is at a virtual standstill after a drop in consumer spending. the revised figures showed economic growth almost stalled. >> the office of the national statistics decided the recession had been deeper than we thought on the recovery a little bit slower. the changes were small, but when the economic picture is as cleanly as it is today, every little skirts. >> -- every little skirts. >> -- hurts. >> the new figures showed the economy -- that would be there had been no overall growth in gdp or national income since the summer of 2010. spending by consumers had been falling in real terms, it is well aware that it was in 2005. people are spending less because they have got less money coming in.

i did that, they're trying to pay off their debt. david cameron thinks it is crucial for the government to cut back as well. otherwise, interest rates right go up. someone, somewhere has to spend more. the imf said the government should think about slowing the pace of deficit cuts if the economy seems to be at risk of stagnating or shrinking. some critics think that risk is now very real. >> it is a pretty risky policy because it assam's if the economy is gone to work, the private sector will spend more. otherwise, all we have is the paradox of thrift. everybody tries to save. >> as the economic picture continues to darken, david cameron is one of many politicians around the world

hoping we can do just that. >> this is "newsday." >> steve jobs, a co-founder of apple and the most successful businessmen of this era has died at the age of 56. he was died of pancreatic cancer in 2004. -- he was diagnosed with pancreatic cancer in 2004. >> he was held by many -- held by many as a visionary and a creative genius. >> the imf is one that the european recession next year cannot be ruled out. economic growth is in danger of petering out. more protests increase -- and greece. police have clashed with demonstrators in athens.

>> violent protests on the streets of athens. the pain caused by a tough austerity measures. the eu and the imf have yet to decide whether greece gets the next installment of international loans. it probably will. many groups wonder whether any of it was worth their while. >> they are making life worse for us. people who were responsible for putting greece into this mess are not paying what they should be paying to fix the mess. >> the removed -- the imf has warned that europe risks recession next year. the debt crisis and its

consequences rumble on. to add to the confusion, this official suggested that the fund could intervene on the bond markets. to support countries like italy and spain. only to retract his remarks later. what about the woman on him so much of this hinges? in brussels, germany's chancellor has big decisions to make. everyone is waiting for the report from the inspectors. it will determine whether greece needs even more help than the euro zone assumed a few months ago. whether the banks would be asked to dig heavier losses. >> we have to see whether they still fit or need to be adjusted. they should tell us that and that is why we are waiting. then we will do what is necessary. greece must remain part of the euro zone and greece must be given the opportunity to get back on its feet.

>> it is not just greece which is having problems. the banking system itself is under severe strain. everyone knows it. chancellor merkel made it clear that somebody is prepared to move quickly if that is necessary. in general, she still takes a step by step approach. some people won't like it, but they will have to lump it. a solution to this crisis still rest with europe's richest country, germany. >> hundreds of protesters have gathered in new york for a demonstration against wall street. people shouted slogans against inequality in the financial sector. the demonstrations are now in their third week and shows no sign of fading. >> what started out as it is a handful of protesters has grown into this. thousands of demonstrators in

lower manhattan on wednesday. they're protesting against wall street and economic inequality. >> i am a registered nurse i have been coming here for the last two weeks. to stand up against what is going on. we are bailing out wall street. >> we will not have any middle- class. >> the demonstrations have broad part of new york to a standstill. >> this is a city that has an enviable record of letting people dissent, but you will not break the law and will not be allowed to keep other people from moving around. >> the protesters have the support of some of the country's biggest unions. they are increasingly well organized but they sent up a camp in nearby park would medical facilities and legal advice and even their own

newspapers. this has become their headquarters. >> i spent four years in school and now i am $80,000 in debts. i still cannot get a job. i cannot afford to live. >> the demonstrations have spread beyond new york. this was los angeles earlier in the week. >> there is so much inequality. things that are polluting the world. one thing that is interesting is that it is a collective of a bunch of activist under one main better. it is a whole bunch of people that realize things are wrong. >> these protests are a sign of the continuing anger about the economic crisis and the downturn that followed. with each day that passes, they appear to be gaining momentum. >> the former governor of alaska, sarah palin, has said that she does not intend to seek the republican nomination to run for the presidency of the united

states in 2012. she saw the party's vice- presidential nomination in 2008. our washington correspondent says the opposition was expected. >> she had waited almost until the last minutes in terms of the electoral calendar before making this final decision. perhaps hoping that her poll numbers would pick up. the simple, but the fact was that sarah palin runs popularity, once huge amounts conservatives, has sunk in recent months. perhaps because of the delay in getting an announcement. officially, she says that she has decided not to run for family reasons. let me read you a little bit from the lecture. she says my family comes first. we put great consideration into family life before making this decision. when we serve, we devote

ourselves to god, family, and country. my decision maintains this order. >> could she have faced pressure from her republican party inmates because she is a very controversial figure -- party mates because she is a very controversial figure? >> she is a colorful, outspoken figure, who does what she wants to do. on this occasion, it was a private decision. she probably looked at those poll numbers, but it was not going to work. the family argument is irrelevant as well. there has been a controversial biography published here making allegations of marital infidelity, which she strongly denies. there have been stories about other members of her family. all of that would only have increased had she done.

if she stayed on the sidelines as a very strong voice cheerleader for individual republicans, she could achieve more for the conservative movement than where she had entered the race. >> you have been watching "newsday." >> are reminder of our main news. the co-founder of apple, steve jobs, has died at the age of 56. he was one of the world's best known business leaders and was credited with transforming the world of digital technology with the macintosh personal computer, the ipod, ipad, and iphone. mr. jobs fought a long battle with cancer. much more on that story on the website.

that is all from us. >> make sense of international news at bbc.com/news. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. union bank. and shell. >> this is kim - about to feel one of his favorite sensations. at shell, we're developing more efficient fuels in countries like malaysia that can help us get the most from our energy

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