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This program is captioned live. No end to Gaza's bloodshed as Egypt's Prime Minister visits the violence-torn territory. The Australia-bound cocaine yacht wrecked with over $100 million of the drug and a body on board. Paying the price - BP to shell out over $4 billion for the Gulf of Mexico oil spill. And Beckham confusion - claim and counter claim over a possible move Down Under. ANNOUNCER: From SBS, this is World News Australia. Good evening. And welcome to the program. I'm Kathy Novak. Israel and Gaza are still locked in violence tonight as Egypt's Prime Minister paid a brief visit to the territory. He said Egypt would spare no effort to broker a ceasefire but publicly at leave his criticism was entirely aimed at Israel, not mentioning the barrage of rocket attacks from Palestinian militants. The first real diplomatic initiative after days of deadly attacks. Egypt's Prime Minister Hisham Kandil newly arrived in the Gaza Strip. He joined Hamas leader Ismail Haniya in viewing the bodies of some victims of Israeli air strikes then urged world leaders to stop what he called Israeli aggression. TRANSLATION: Egypt will not hesitate to intensify its efforts and make sacrifices to stop this aggression and achieve a lasting truce.The visit to the territory only went ahead after Israel agreed to halt its aerial campaign on condition of no hostile fire from Gaza into Israel. But the 3-hour ceasefire seemed barely to have taken hold, both sides claiming the other was in breach. It follows a night in which Israel saits launched 150 air strikes into Gaza. Here the Interior Ministry was struck. While Palestinian militants fired around a dozen rockets into Israel, far fewer than this hundreds of the past two days. Tonight the use of reservists isn't just authorised, it's becoming reality. The Israeli army has begun an initial callup of 16,000 of the 30 those -- 30,000 reservists. All the possibilitys are on the table including the possibility of a ground operation. It's not clear whether the show of force means imminent invasion or it's an intimidation tactic. It follows this, overnight in Israel's biggest city, Tel Aviv, air raid sirens, not heard since the 1991 Gulf War. One is thought to have landed in the sea and another area. Still, it was the greatest distance ever reached by militants in Gaza. The armed wing of Islamic Jihad says it used an Iranian-built Fajr- 5 rocket.TRANSLATION: It was an escalation for which the other side would have to pay. He both the Tel Aviv targeting and this attack that took the first three Israeli lives of the conflict. The Qassam systems is can fire a dozen or so kilometres. Grad missiles, many thought to be supplied by Iran, have a range of up 20km, even further in upgraded versions but the Fajr-5 can reach 75km. Tonight, with not even the briefest truce honoured, there's no sign of anything more encouraging. So the Egyptian Prime Minister's mission to Gaza seems to have done little to bring about peace. As Al Jazeera's Nadim Baba reports from Gaza industry, that may not even have been his main intention. There were several air strikes while he was in the Gaza Strip. We could hear some of them. We were showing you pictures a while ago of an airstrike which hit a refugee camp north-east of Gaza, and there, according to medical sources, two people were killed including a child when an irstrike apparently - - air when airstrike apparently targeting a shop hit a building next to out. That brings the total number of people killed in the Gaza Strip in the latest escalation to 20. We don't know about any of the other sites -- sites in the last 20 hours but the Interior Ministry was hit overnight. People really are wondering when they're going to run out of targets. The obvious retaliatory rocket attacks by Hamas into southern Israel have continued. They say they fired at least five grad rockets towards the Israeli city of or town -- towards an Israeli city or town. The ceasefire didn't amount to much. I think the Egyptian Prime Minister in what he said while he was here was basically saying,ere was basically saying, "I'm not here to try and hold-up a truce. I'm here to try and bring an end to the violence and try to bring some kind of movement for the Palestinians rather than anything else." He was saying that he wants to see people looking at their interests and particularly the interests of the Gaza people more. That's a message also carried by a convoy that's just arrived with Egyptian medics bringing medicinesyptian medics bringing medicines and ambulances and so on. It's basically a message of support. The nightmare scenario is that the Gaza crisis will spread and turn into a broad Middle East conflict. The West is backing Israel's right to defend itself. In the Arab world, support for the Palestinian cause but so far nobody seems to have a solution to end the violence. Pro- Palestinian demonstrators on the streets of Cairo. Under pressure from all sides, President Mohamed Morsi addressed the nation saying he'll stand by the Palestinian people to end what he called Israeli aggression. Earlier he had spoken to arlier he had spoken to the US President, Barack Obama.

He stopped short of calling for an end to the rocket attacks. The Muslim Brotherhood leader squeezed between his own people and maintaining good relations with the West. The US clear in its belief that Israel is abouting in self- defence and it's called on Egypt and Turkey to pressure Hamas. We all want to see -- see deescalation of the violence and the onus rests on Hamas. Israel's offensive has sparked an outpouring of anger across the Arab world.TRANSLATION: -- Hezbollah leader, Hassan Nasrallah, saying this is not just Gaza's battle but everyone's. Israeli using the Palestinian blood and even the Israeli blood for their election campaign. UN Secretary General Ban Ki Moon has condemned the rocket attacks while also urging a measured response. He called for the parties to exercise the utmost restraint and to respect international humanitarian law. The short-term thing that needs to happen is that all of it is de- escalated back down - the rockets stop because if they carry on the Israeli air strikes will carry on and what happens, as we have seen, is that in that there will be innocent Israeli civilians killed, innocent Palestinian civilians killed. Go to our website for more analysis on the Gaza-Israel conflict including a look at the strategic use of social media by both sides. Two Croatian generals jailed for war crimes commited against Serbs during Yugoslavia's break up in 1995 have tonight had their convictions overturned by a court in the Hague. Ante Gotovina and Mladan Markac were convicted last year. But on appeal the court ruled they had not deliberately targeted civilians. The verdict was broadcast live on big screens in Zagreb's main square, sparking celebrations for the men who are seen as heroes by many Croats. Japan's Parliament has been dissolved ahead of next month's general election. Prime Minister Yoshihiko Noda has vowed to spare no effort in seeking a fresh mandate from his people. But opinion polls suggest former prime minister Shinzo Abe -- Shinzo Abe will claim the top job. The country has gone through a prolonged period of instability with six different Prime Ministers serving over the past five years. After the break - it's official ter the break - it's official - Australian marine parks to be the biggest in the world.

(CREAKING)

Hey, babe, we gotta go over that
bush fire survival plan today. Um, I'm kind of busy. Uh, why don't we just
do it tomorrow some time? Yeah, alright, I'll pencil it in. Thank you, sweetheart.
(GLASS SMASHES) Do you want a cup of tea?
I'd love one. (FLAMES CRACKLE AND ROAR)

Police have described it as something out of a plot of a Hollywood movie. A yacht aground on a remote Pacific island, an unidentified body on board not to mention well over $100 million worth of cocaine. Investigators say the drugs had been destined for Australia. Two divers found this 13m yacht washed up on an island off Tonga's capital. Inside they made a grim discovery - a badly decomposed body. Police later found a huge cocaine haul estimated to be worth more than $120 million. We believe million. We believe the 204 kilograms of cocaine was destined for the Australian market. That was secreted inside the hull of the vessel.The vessel, called 'JeReVe', has been tracked for nearly two months by multiple drug agencies. Between the Pacific Islands, Australia, and US. It left Ecuador in mid-August with two eastern European crew members but authorities lost track of the vessel around the Cook Islands in early October. We deployed our patrol boat and I also deployed detectives and special tactics ives and special tactics unit team. Only to be relocate the on the Tongan island just a few days ago. Drug cartels using yachts to transit drugs through the Pacific and into New Zealand and Australian markets is a growing problem. Authorities will now form a special task force to examine vulnerabilities exploited by organised international crime syndicates. Police say international cooperation can stop significant amounts of cocaine reaching streets. At least we know the narcotics on the vessel will not get into Pacific island countries or New Zealand and Australia. Australia has provided forensic services to help identify the body. It's the subject of an inquiry by the Tongan coroner. BP is to pay a massive price for America's worst environmental disaster. The Gulf of Mexico oil spill. It's agreed to pay $4.3 billion in fines, a record criminal penalty. Two BP employees also face manslaughter charges. The April 2010 explosion on a BP drilling rig off the coast of Louisiana killed 11 workers and unleashed America's worst oil spill. It took months to plug a leaking underwater well. Raw crude spewed into the aw crude spewed into the Gulf of Mexico. Polluting shore lines, killing wildlife and crippling commercial fishing. More than two years later, the British oil giant has now copped an unprecedented penalty - the biggest in US history, agreeing to pay billions of dollars in fines. I hope that this sends a clear message to those who would engage in this kind of reckless and wanton conduct that there will be a significant penalty to pay. In a settlement with the US government, BP pleaded guilty to 14 criminal charges including 11 counts of manslaughter. Two BP supervisors have also been charged with manslaughter. Attorney-General Holder warned more people may face criminal charges. Today's resolution does not mark the end of our efforts. In fact, our criminal investigation remains ongoing. BP says the settlement is in the best interests of the company and its shareholders. It's chief executive Bob Dudley expressed regret for the loss of life and the spill's impact. "We apologise for four role in the accident and we have accepted responsibility for our actions." That brings some relief to those most affected. For them to finally admit it is what we've been waiting to hear because we've been living it everyday. The cost and severity of the BP's bill far exceeds -- spill exceeds that of spill exceeds that of the common Valdez spill in Alaska. Xon settled for $1 billion, almost $2 billion in today's value. The BP's settlement eclipses the previous record for a corporate penalty - imposed on drug maker Pfizer in 2009 for fraudulent practices. But does the BP penalty go far enough? It is quite an amount of money but to a corporation like BP, many consider with the range and scope of the disaster, to really just be a drop in the bucket. BP still faces civil claims for losses and could spend years in court fighting lawsuits. The CIA has launched an investigation into the conduct of its former boss, David Petraeus, following his resignation over a sex scandal. This is from ABC America. In addition to the book and the sex, Broadwell's connection with General David Petraeus provided another benefit. A celebrity status in military circle that is led to a role as an expert commentate yoor and firing range demonstrator for a company trying to gain military contracts for this machine gun. On the individual fighter reducing weight is critical. On this tape, shot last December in the middle of her affair with Petraeus running the CIA, Broadwell is identified as the author of the Petraeus biography. In a previous commercial six years ago, she had no speaking part and simply demonstrated to gun. Officials at the company located in Virginia Beach said Broadwell has no official affiliation with them but would not answer questions about why they chose to use her as a spokesperson. A watchdog group says the use of Broadwell was a brilliant move by a company seeking an edge in Washington. People did not have to know she was his mistress. They knew he was friends with her. Anyone in the agency would know this is someone Petraeus will be favourable towards. She isn't the only woman who seems to have tried to -- tried from her ties to Petraeus. This woman allegedly using the CIA's director -- CIA director's name this summer to broker a contract for a $4 billion energy facility with -- with South Korea. She made it it clear to me that General Petraeus put her in this position and that's why she was able to s why she was able to have access to such senior levels, that they were essentially doing a favour for General Petraeus. General Petraeus has issued a statement saying he had asked Ms Keller to stop using his name. -- Ms Kelly to stop using his name. Here it's going to be a tough weekend for more than 2 lun Ford workers in Victoria. They've been sacked. There are fears more jobs could go. Grey clouds hung over the two Ford plants in Victoria, matching the mood of workers as they arrived to hear of their fate. People will be anxious, nervous and obviously for those that have lost their jobs it's going to be a very long walk out of the plant, very long drive home I would have thought. Emerging from meetings with management, many were soon forced to make that long drive. After 23 years, it's not easy. You know, suddenly something happens, yes. I don't feel actually good. No longer needed. I been here 37 years. I would like it to be another few years. It was impossible. They sacked me. No reason, you know. After 10 years with Ford, Rajinder Bring must now find work elsewhere to support his wife and three children. Only a number there, you know. They not thinking -- thinking for my family, they not think anything. But the news could have been bleaker. In July, Ford announced plans to shed as many as 440 jobs but November. They achieved more than half of these cuts through redeployment, in house transfers and 118 voluntary redundancies N a statement, the company said the sackings were necessary to ensure the business was structured appropriately to align with their demand levels and is aimed at making Ford remain as efficient as possible. People are not buying Australian- made cars because they don't want to buy Australian-made cars and the cars are not meeting their demands as consumers.The Treasurer hitting out at his Opposition counterpart. I say to Mr Hockey, have a bit of heart. The fact is that we do produce a good product in this country and it employs tens of thousands of Australian workers. But even those workers who survived the Ford cull fear the job cutting in the car industry will only accelerate. Let's check the finance figures. The Australian share market has closed lower following negative leads from Europe and the US. Clothing and camping equipment retailer Kathmandu rose after it posted a near 20% boost in sales. The big banks closed in the red. In the resources sector, Luca fell following downgrades by broker. The Nikkei jumped 2.2% amid hopes the change of government would lead to a boost to the economy. Markets in Europe are omy. Markets in Europe are weaker in early deals. Wall Street closed slightly softer.

On the commodity markets, gold and oil have lost ground. The Federal Government is tonight defending its creation of the the -- of the biggest ever -- of the biggest ever series of marine conservation parks in the world. The Fisheries Association and the Opposition say iation and the Opposition say it will devastate commercial fishing but the Environment Minister maintains an assistance package will compensate the industry. The Government first announced its marine parks plan in June. In a few hours it becomes a reality. Those boundary that is we put forward four months ago -- boundary that is we put forward four months ago become law. As of midnight Australia becomes the world leader in the protection of the oceans. Environmental groups agree. Less than 1% of oceans globally have the sort of protection that's been announced today. Australia is leading the world in this. Certainly in scale there's no comparison. The plan is to extend the current system to create a total of six broad marine regions. They'll be made up of these protected area that is will cover more than 2.3 million square kilometres of Australian waters. That's equivalentalian waters. That's equivalent to a size almost one-third of mainland Australia. The new protected water also join the biggest existing marine park covering the Great Barrier Reef off the coast of Queensland. As already happens at sland. As already happens at the reef, zoning plans will identify where particular activities are permited and where others are not. The Government announced a $100 million industry compensation package. Some question whether that's enough. It's not just the fishers, it's the communities they work in. It's all the people that supfully fish and truckys, it's everyone. The minister says industry concerns have been addressed. All of that's covered in the $100 million we have set aside. Queensland fisherman Malcolm Mackay fears his $2 million investment St at risk. As far as what we'd been entitled to I have no idea because I haven't really had any consultation.The Opposition support it is idea of marine parks but says the Government has failed on implementation. No strong science, no adequate consultation, and no real compensation offered. The park also not only put restrictions on fishing but gas and oil exploration as well. Coming up - the weather and - is he or isn't he? David Beckham's management pours cold water on rumours he's heading Down Under.

In the A-League, Sydney FC's rocky season continues after a 4-2 thumping at the hand of defending champions Brisbanend of defending champions Brisbane Roar. Two goals in as many minutes had the roar comfortably in control before Alessandro Del Piero took matters into his own hands. The former Juventus marksman added a second to give Sydney a glimmer of hope but defensive frailties continued to rear. Brisbane Roar finishing too strong. The rumours continue to fly about whether David Beckham is considering a move to the A-League. It had been suggested the former England captain's management had been in discussions with several clubs about a potential guest stint. Representatives for Beckham have subsequently denied any such plans, a claim tonight rejected by the FFA's new CEO, David Gallop. The most I can say at this stage is we are talking about a guest stint, a 10-game guest stint. And obviously that might whet his appetite to come back. It's believed both Perth Glory and Melbourne Heart have already tabled offers of interest. To the west now, hot northerlies are affecting Queensland ahead of a trough. Cool south-westerly win in the wake of a front are bringing showers to Tasmania and southern Victoria. Another trough is triggering thundery showers in Western Australia and the Northern Territory. In the major centres:

That's the world this Friday. Have a great weekend. Goodnight. Supertext captions by Red Bee Media - www.redbeemedia.com.au.