this is r.t. live from moscow i'm alice had the gears of waiting around has switched on its first nuclear power plant the country's atomic cheeses the russian built reactor will soon begin pumping electricity to iranian cities to tell you about how the details. overrun didn't announce the exact date when the nuclear power plant was launched and they say it is because there is still a lot of testing to be done and how before it starts pumping electricity into iranian homes they're expecting it to happen within the next one to two months. hopefully we will witness a large store brief for brief when the brochure prong is connected to the country's forward grid pool even though iran didn't announce the exact date it came as no surprise russian companies or saddam that helped to build this nuclear power plant has loading a fuel into make me clear our plans began on the twenty sixth of october now the next step which will the fuel that has been loaded will be heating the water that will be generating steam that will be turning that european and then generating an

electricity and distil is too soon to say that's a pushchair is now working as full capacity is there a lot of testing that has to be down to have iran is currently under un sanctions against its nuclear program and the last round of sanctions was imposed to this summer with threats that indeed iran might be creating a nuclear weapons who are sure is not the part of a new iran's nuclear program that is a big concern to the west that is a peaceful nuclear power plant and as international experts are saying that there's very little chance of proliferation also russian companies will start them that helps operates and helps operate and help to build the nuclear power plant says that both russian and iranian experts are working under the supervision of international atomic energy experts and what's also very important is that marshall will be supplying the nuclear power plant with its enriched uranium but also taking the nuclear waste out of the country in order to make sure that it's not eased in

any other way either other than the peaceful purposes. now over to switzerland where people are set to vote on whether immigrants who commit crimes should be automatically deported supporters on the move say foreign a friendly policy should be reversed to protect locals bother in a country with a high proportion of immigrants many think the proposal ballasted in sunday's referendum is t.p. . theory a report. two years ago twenty two year old life was brutally cut short we. know why son was at the carnival with his friend he was just standing and having a conversation when three young men came towards him and started beating him with their fists they made him on the head beat him until he fell and then started kicking. him to death for no reason no reason at all and they did it just for fun. details then emerged the victim was swiss the attackers were from the balkans and

immigration sentiment rose giving traction to a referendum proposal to make it mandatory for foreign criminals with heavy crimes such as murder and rape to be kicked out of the country just a year after voting in favor of a law banning the building with new minarets on mosques the swiss are set to return to the polls on sunday with another yes or no decision to make their out of paper should no longer be in switzerland because they don't deserve to be answered so some people i mean if they cared so much money and really figure skaters i mean because no nomadic september suppose you can't keep them all out we need immigrants period already sure a member of the swiss people's party wished initiated this referendum is adamant that the assar should be yes eighty percent of the prisoners in the swiss prisons are foreigners it's ever very high every age you see how at the cuties

these foreigners we have a lot of foreigners in switzerland who behave from within the law who respect the law who look for themselves they are welcome here in other words out with a black sheep it's a sensitive statement to make in a car with more than a fifth of its population made up of immigrants one of the largest in europe wary of a backlash from the e.u. and the world the swiss ball had released a counterproposal. with amendments to the list of crimes and provisions stating that deportations must fall within both swiss and international law still either version is seen by some as another anti immigration bill adding on to what's been dubbed as a rising wave of and immigration sentiment sweeping across the country and the whole of europe can you make a difference between drug dealer who was from nigeria from russia from india or is a swiss is a drug dealer a drug dealer a better one so i don't make

a difference between someone who is doing something wrong the law should not look whether he's white black or what language you speak for the father of them jani the debate is a personal one he prefers not to divulge his vote but does say this those who come to switzerland if they don't become delinquent or violent then there will be no problem other one hundred very idea of a proposed law targeting immigrants has raised accusations of racism and intolerance but could also be a way of saying that even tolerance has its limits and i'm out of the outcome of this referendum vote many european nations will continue to face such tough questions the answers to which may keep boiling down to a yes or a no. r t. what do you keep saying with all the latest news on our website of course dot com a taste of what you'll find online the minutes found from our writing in their own names poll say they face daily discrimination in the three way near their native

languages and. and people in russia's far east third world war also when the tank zooming around the city streets father was just a man going to the shops find out more. thousands of marching through the streets of dublin to protest island's hostile sarsi measures which include slashing jobs. increasing taxes trade unions have promised peaceful demonstrations but the release of some groups make with trouble the irish capital so volatile breakout during student ronnie's earlier this month on and has been the case if you can survive all package for its crippled economy with the i.m.f. of around nineteen billion year race financial troubles are spreading around the fears portugal and spain maybe next in line for a bailout german economist marcus kava told r.t.

the europe's biggest economies will be able to pay for others' debts. the german taxpayer is no longer willing to lease is very very becoming very reluctant to bail out countries like greece. example of very bad governments and we are no longer willing as neither to bail out ireland to fuel an ailing banking sector i think this is a general incentive this umbrella which the. heads of government have created in under the menace of the president of the european central bank. that everybody wants to be protected and the more it's raining cats and dogs the more they want to be protected and the portuguese. prime minister and the finance minister pushed island to put themselves under the umbrella to be under the umbrella themselves as quickly as possible this is an inflation of claims to be bailout which will ruin the eurozone sooner or later germany is economically nor the able to. bailout.

the german taxpayer who has a word to say in all that is no longer willing to do saying something like that. well that was markus kerber there professor of political economy over and. now with its aspirations to join the shorter certainly seems to be a matching the union at least one respect the country's foreign debt is increasing spreading fears it could soon crops and critics say little of the borrowed money has actually been spent on people's needs with huge amounts being poured into fantasy projects philosophy is sarah furthur for. anyone who's ever received a hefty credit card bill lay the pain of having to pay off. well judy could face an eight hundred million dollars in interest payments by twenty thirty she spiralling foreign debt owed. the level of debt has doubled over three years there is an

international norm saying that if a country's external debt which is sixty percent of g.d.p. in the country is considered bankrupt we are currently at over the forty percent mark if georgia consumed use this it is entirely possible that we will find ourselves in that situation external debt is now a major concern for the country and the government has come under heavy criticism for borrowing so extensively one of the main criticisms has been the government heavy investment in construction projects such as the freedom bridge which many people have said was completely unnecessary but it was built just a couple of hundred meters away from the bridge that withstood. with the foreign debt growing the country's economic potential needed to be growing. that with wine when it's a nice strong export products and a lack of investment in areas that will generate money government will have no way of paying back what they. will we think it will be very difficult to cover such

large payments from the state budget and the country may have to refinance the debt meaning it will have to take even more money from international organizations and partner countries. so just what have they been spending all that money on. well i need bridge for starters which cash down at an estimated six million dollars and. then there's the presidential palace is snazzy need last day which guess is put at between twenty one thirty two million dollars. and a number of other controversial projects including a glass monument and wade which totaled two hundred nine million dollars. the glass buildings which were symbols dreamed up by president saakashvili to portray a new transparency government now see clearly ironic. extensive and to spend this money beautification projects this is really say this

is really fraud. government should be held accountable for the behavior of the sick in carrying such large debts to the country has also done little to improve the conditions of the population we need to take into account with doing the same such huge amount the money has been borrowed to. help to expenditures have not been greased. normal better. education expenditures never been special despite all four promises that will be really great economists say this foreign debt is now one of the most serious problems facing the country the georgian government say they've used the money to rebuild the country and forge a bright future that for taxpayers that it seems carries a multi-million pound price tag that they'll be paying off for

a long time to come so fast. while for an in-depth analysis on what's happening to the world's finances do you stay with. the president for. crisis. i was. news of interview is in our business bulletin and around ten minutes. down. power lines to. find out if there's a solution to the capitol gridlock. story now iran has switched. nuclear power plant more on this let's talk to a nuclear nonproliferation. policy studies but. many thanks for joining us they are considering that it will take some time before the problem will actually stop providing arabian's with electricity was the prompt significant of

today's announcement. it's really a very important day because after all together fifteen years from beginning to the . operational it is important for iran it will. for. it's also important. because russia completed its job regardless of technical difficulties and more importantly the political difficulties. also very much into the middle east market not only of. arab neighbors iran the region. fit. the best of the best. to provide it regardless of any political pressure i think. in. a

very tough. market that was all of you mentioned that russia is helping to operate is a problem. and the day to day running of the. well i think the. we why do well know all of them out of there will be a russian. president. the facility of that of the facility quite well controlled by russia. will get both electricity and experience. from the safety and security viewpoint russia provides in that i don't see any challenges coming from nuclear power plant neither security nor in what some may think there may be a proliferation concern the reason there is

a light water reactor fuel is provided by russia and would take back by russia when the fuel becomes spent fuel. is proliferation resistant no surprise it has always been exempt from sanctions against iran which exist through the un security council resolutions others not only russia like the united states that also respect the. proliferation of it all. in good mental for iran in talks about peaceful uses of nuclear energy and transparency around the house signified also its readiness to return to the stalled international. they all scheduled for the summer but just how much progress can we really expect to be achieved. no great expectations.

it will be. there will be very small they're a little steps but i do think that the real. to work through the diplomatic means. a year ago. very useful initiative which was one of the sports as i think many in moscow were dissatisfied about one of the russian reactions was strengthening the toughening of russia's position on the security council another russian reaction was canceling of the contract to supply iran with three hundred. but still there is no military solution for iran there is no proof of that. nuclear

bomb problem is non-transparency the problem is not the willingness of iranians to cooperate. but i think of the. talks you just mentioned maybe with participation of countries like turkey and brazil we can move favorably to diplomatic result. from the russians and the policy. think. moscow traffic is infamous with millions of driving spending hours in a daily gridlock rapidly growing capital where almost everyone is a car is compounding the situation but the new mayor has a raft of plans to tackle the problem. is hopeful for a solution before the city comes to a complete halt. the time when moscow's streets were

this empty is long gone nowadays the city's traffic jams on a tory as being the world's longest the city has become so congested the problem has been given a top priority at a top level the minister of the miss plan has some good points if at least half of them realize they have found to be fewer traffic jams aboard that could save a cabbie like yaroslav up to three hours per day going nowhere at the time he would no longer spend breathing in exhaust fumes or with. of course you won't get a heart attack from one traffic jam co-edit if it several times a day for many hours or add that to other adverse factors and your body will wear out so much faster the problem was born in the one nine hundred seventy s. and eighty's when many of moscow's major roads worked and back then hardly anyone imagined a moscow family owning two or even three cars. despite the recent efforts the speed

of traffic has been dropping going on year experts blame it primarily on a severe shortage of space the enough for a bit in moscow over the past fifty years the amount of road building was far from fast enough can you believe that we have three times fewer rage than in paris the. lack of coffee drivers to ditch their cars on the sides of the already congested roads and this is the old way of tackling a problem the new math promises a different approach his draft plan suggests among others the road widening tolls and removing most ground level pedestrian crossings public transport also faces a major overhaul slow a trolley buses will be chased out of the city center by foster alternatives russia's very n.g.'s glow now satellite system will also be used to monitor jams while traffic cops will be replaced by automatic rise all these. cameras and monitors only cover forty percent of the city far from enough say the police the

system needs updating and modernizing none of which can happen without a serious injection of cold hard cash the mayor is now looking for ways to raise the billions of rubles needed for the changes not everyone though is happy with the scheme a suggestion to ban trucks from the city during daylight has sparked protest from their drivers not about the fact that you know it time should be for sleeping networking. people have rested night so should we. honestly the time saving could end up costing people more retail companies in mass to claim it would be impossible to deliver goods at night while replacing large cargo trucks with many smaller vans would trigger a surge in prices other jobs just a lot of guys don't drive through the city on their own that burn their lives and petrol to provide for moscow's every day life we hope they don't think paying the

trucks will mean heaven as follows cause it won't but most traffic experts agree the mayor's proposals are reasonable as long as it's not just a publicity stunt and the money is found to solve the problem for making scenes like this one history gary bush kovach r.t. moscow. thank you do you stay with us all the nation's business is on the way with katrina a short break. for the full story we've gone to. the biggest issues get a human voice face to face with the news makers. and

i welcome to all we can business program good to have you with us policies to stimulate growth are the best way to ensure the comic recovery doesn't fall to according to the president of the world bank it's a view that appears shop at all with the austerity measures being brought in across europe correspondent paul caught up with robert zoellick in st petersburg this week to discuss the recovery trade and currency wars. much of the debate is talked about the current account imbalances and sort of rebalance scene aggregate demand that has a worthwhile role but i think it needs to be combined with a growth agenda so not only talking about shifting the existing growth but how do you build future growth this is a lot focus is on infrastructure development where we saw with china in the ninety's ever seen in other developing countries investment infrastructure today can create jobs but also remove bottlenecks for future productivity growth but this

is going to be true for the developed countries too they're also going to have to have their structural reforms in the in the currency area i think you're moving towards a system where the dollar will remain predominant what you're going to have the role of the yes and the euro sterling and over time the chinese currency agreement be that isn't ready yet because it's not open capital account and over time the question is how will they move to that issue so the currency issues i think reflects some of the lack of confidence in the nature of the overall economic recovery and again to put that on the right track i personally think the pro growth solutions are the most important do you believe that the u.s. is actively devaluing its currency no i don't think it is now the currency may go down but i don't believe that's the government policy if the traditional developed economies in the west want to muslim players to play a more active role and here i'm thinking of the. shouldn't they have agreed to stay in the key financial institutions like the i.m.f.

and world bank i think that's a natural course of development of this new system that we just talked about i mean so part of this is you're moving from a g seven g eight world to a g. twenty world which has those countries at the table another part is that over the past couple years we've been able to shift some of the voting shares so the developing in transition countries at the world bank now represent about forty seven point two percent of the vote we added another chair on our board. for sub-saharan africa just as important and that is the staffing so for the first time in the bank's history the level right below mine the three managing directors are all from developing countries our chief economist is from china so i think these are part of the evolution at the same time is developing countries play a larger role they also have to assume responsibilities and that's part of the tension you see whether it be climate change trade growth currencies do you think you'll be the last american to lead the world bank first off those are questions

obviously for the shareholders to decide i'm just trying to do the best in my term second it was very interesting how you stated it if you open it up to broader process i hope you're not precluding but if you say i'm the last american that would preclude it but i think that's an important point because just from my own perspective you know while i've served the u.s. government at the state department treasury i personally believe the united states needs to engage in the international community to engage in multilateral institutions my worry is more sometimes the trends towards isolationism so i think it's healthy when the united states has a role in these institutions now their traditions you'd never find us head of the secretary general of the u.n. other institutions or save for regional authorities so this is what international politics will be about i do believe from my point of view i've tried to strengthen the role of the emerging countries both in senior management and in terms of the voting power and equally important treating them as clients so the age of sort of

trying to tell countries what to do is gone. and must stop closing the red on friday amid declines in equities and or prices due to escalating tensions in korea that has been the percent lower in my eyes it's closed down over a quarter of a percent most of the thinnest in the red put gave one point two percent on expectations that. three and a half percent stake in the gas giant would be sold to us to teach it can best. now the week has been volatile for the us and markets with investors concerned about the debt problems in europe from troika dialog explains what other reasons for the decline. it's thought it's with decent growth in international markets but. tuesday we saw a sharp decline in all markets and actually that was driven by korean problems and second the weakness of europe on concerns that island is experiencing serious problems and europe will have to help them with with the situation but then we saw

the growth the own wednesday just before thanksgiving day in just russian market full days in general situation is changing that's for sure we saw someone to money entering russian markets and we saw the buy is probably first time in many many months i would say industrial which is very very important because from looks very interesting i think the board decided to cut complex next year by ten percent which was taken by the market very positively and the market also expects that bloke of about three point five percent will be bought out by a number and that's also very positive for the market because problems were very well beat this week and that gives me kind of hope that said december will be stronger and i think the markets will be expecting the budget expenditures growing in december and that's will cause the markets move further up

at least it will give them a good very good support. and that's our rob of the week but you can always find most always on our web site that's the t. dot com slash posts.

and. this is all seen iran has aggressively own switzer for its first nuclear energy plant the country's atomic cheese says the russian built pushchair reacts it will soon begin pumping electricity and soon a rainy and. switzerland is that for referendum to decide whether in the brands you commit serious crimes to take down the country and so forth of all the crimes that we should be adopting to protect them. and george is a foreign debt is spiraling on the president mikheil saakashvili is what spreading fear as the country could soon go bang crawl to course you say the money is being wasted instead of actually being spent on people's me still.