." >> well christian frazier is there. the business perspective here. the markets have been bubbling at the moment. we're waiting to see which way they will go, all building up to the weekend. >> the markets have been riding relatively well on the hopes that these summits and meetings, and there's a lot of them today that they will deliver the big bazookas to hopefully see an end to this debt crisis. asian markets were down today more off the back of disappointing machinery orders out of japan. we're seeing from that particular reading. markets remain relatively higher. but very cautious. the meeting we saw with that package there we just saw, very, very important to the likes of merkel and sarkozy, because germany said it's not going to back down from ratifying the treaty. they want a tough policy and so they can basically punish certain euro zone countries if they overspend. but trying to convince some of these conservative euro politicians to go along those lines is tough. that's what they hope to do before they arrive in brussels. more on world busi

we're going to have more on that obviously for you in the course of the bulletin with christian frazier, our paris correspondent, in just a moment or two, so do stay with us for that. formal ceremony is due to get underway very soon indeed to mark the end of military operations in iraq. the flag lowering will draw a line under a wall, which claims the lives of almost 4,500 american soldiers and cost the u.s. around a trillion dollars. earlier, fort bragg in north carolina, president obama welcomed home some of the last troops to return. he admitted that the new iraq was not perfect, but insisted that the country was now stable and self-reliant. steve kingston has this. >> packing up and heading for the exit, the last of the american troops in iraq. today their flag will be ceremonyly lowered. after almost nine years, the mission is over. many iraq veterans were still in school when it all began, but fort bragg in north carolina, service was saluted by the commander in chief. >> we're leaving behind a sovereign, stable, and self-republican linet iraq with a representative government that

as christian frazier reports, it is not always been a source of inspiration for some french people. >> even on a murky winter's day, the white domes of sacre ceuor so aluminate the skyline. you cannot as much visit the basilica, the climate. 10 million people make the ascent for the spectacular views from the top. but some corners remain behind locked doors. like its towering -- virtually hidden from public view. and every friday, bills will call the faithful to prayer -- 15 minutes before the afternoon mass. this dome was laid in 1875, officially to commemorate the franco-prussian war. it was also to reinforce the image of the catholic church, whose power was waning. significantly during the 40 years that it took to build a, another great monument of -- appeared on the skyline, challenging and only the imposing white of sacre coeur but found in the principles. in the late 19th century, france was divided between good and bad -- those whose lives were alone and by science and medicine and those who look backwards to god and religion. in 1889 they expressed the newfound faith in progre

christian frazier, bbc news, paris. >> thanks for watching. >> bye, bye for now. >> make sense of internationalat bbc.com/news. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. ♪ >> union bank has put its global financial strength to work for a wide range of companies. what can we do for you? >> bbc world news was presented by kcet. los angeles. 

. >> well, our paris correspondent, christian frazier, says while the two leaders agree in principle on the need for tighter fiscal discipline, the devil is in the details. >> yes, i think they're in agreement in terms of the idea that the rules that govern the eurozone are flawed. under the terms that were set out, the stability and growth pact, it was self-regulating. countries could decide whether or not to impose penalties on other countries that broke the budget rules. so i think both are agreed that there needs to be discipline and discipline needs to be imposed in some way by brussels. but the fundamental difference is how that happens. is he putting the lisbon treaty, written into that treaty, is there a fundamental change to it? is it an addition to the treaty in terms of a protocol? and fundamentally, for the french president, how much of that power is transferred to brussels? he's at a very tricky moment for the french president. he's approaching an election in four months' time. he's already under fire from his opposition, from the socialist leader and also from the peopl