we've been back and we will be back in the rights of the tallest indians to create their own state russia is committed to supporting the independence of the palestinian state with a capital in east jerusalem. during his middle east to visit the russian leader meets with his palestinian counterpart israel has been left on the sidelines due to political infighting. and blames russian traffic controllers for the plane crash that killed the polish president in april that's despite the findings of the official investigation that cited pilot error and bad weather as causes of the accident plus. the banks pay the same seem especially when the people step in to even pay their rent to even see the play that show. anger anger is boiling over

in the u.k. as the banks bailed out by taxpayer money trying to hand out billions in bonuses despite a harsh austerity cuts in the rest of the country. this is our life. to me treatment here that has reiterated russia's commitment to back a palestinian state with a capital in east jerusalem he said this during his current middle east tour the initial plan for the tour was to hold talks with israel as well but this was spoiled when its officials went on strike leading to the visits cancellation. has more from jericho. the palestinian officials have already described it as historic first and foremost because it allows russia to make a political statement make sure me that it is not the first russian leaders to

visit indeed palestinian territories pushing the us here back in two thousand and five but even if it is the first ever russian leader to come to the west bank bypassing israel and he agreed to rated strikes they struck during his news conference reach received a very very loud of applause from the palestinian officials and journalists present here now medvedev also said that the russian position on the palestinian cause hasn't changed the soviet union was one of the first countries end of world to recognize the state of palestine in the with the in the nine hundred sixty seven borders with a capital in is jerusalem and with it is said that russia is still committed to making everything possible to bring these scenarios about here's exactly what he said on the issue. of russia's position stays the same we made a choice at the end of the one nine hundred eighty s. we've been back and we will be back in the rights of the palestinians to create

their own state independent united sustainable with the capital in east jerusalem ever since these really palestinian talks broke down back in fall of two thousand and eight abbas has been working behind the scene to drum up international support for the recognition of a palestinian state and most recently he secured support from several latin american countries including brazil and argentina and it is expected that the palestinian authority will bring up this issue for a vote at i did the u.n. general assembly all of the u.n. security council later on this year or so. president medvedev president of russia reach holds power in the security council making such statements in the palestinian territories is extremely important and extremely supportive for the palestinian cause the most recent. ever since i would say the early ninety's ninety's mosco was trying to play it both ways and was trying to maintain workable relations with both

israel and the palestinian authority and initially the middle eastern trip was. expected to bring president medvedev both to israel and to policy issues but he's too polished internally to say but he's israeli chief was cancelled at the very last moment because of the strike at the israeli foreign ministry and it needs to be sad that both countries tried. to don't play any harm that may have been caused by these consolation in fact the israeli minister and israeli president shimon peres sad that the president will be expected and welcomed in israel at any time once the strike is over and he also agreed to meet and hold negotiations with president medvedev later on this year at the international economic forum in davos so both both countries try to downplay any harm that may have been caused and

present it again said that he's looking forward to making this trip to israel some time later. reporting that meantime mostafa barghouti the secretary general of the palestinian national initiative says there is just no excuse for israel's cancellation of the russian president's visit. the issue of the strike of the foreign ministry is not a justification by any means the prime minister of israel could have arranged the visit. and the security apparatus is so big in israel this would not be a problem today surely it is that. feeling of superiority in israel left feeling. and the impunity to international rule that makes israel behave in such a monitor with the leader of one of the most important countries in the world and i think that is the reason which is a political one we have. a government knows that its policy is counterproductive to

value needed many european countries that are leading most countries of the world value need to learn from american countries. need to many people even inside the united states so that also applies but i share which is seeking to have a more active role in. the quartet and israel wants to block russia is the only country in the court that has that equal denies the palestinian state back in one thousand eighty eight so there is no reason why russia should accept to be paralyzed and put on the shelf for more than two years is that within the park it's because the united states is monopolizing the forces and the united states policy is totally subjected to the israeli manipulation and i think things have reached a point where there isn't any policies even hurting the american strategic and that's why mr obama tried to make some predictions when he spoke about settlements and so on but he failed. are now more on the story we're joined by sort of a stroke and a political commentator for the commerce and use my let's cross live now i get more

details on this so the president to be if in the midst of us our middle east peace tour right now he reiterated russia's backing of the independent palestinian state so what is the significance of such a statement. well president video came through the way as the band grand middle east peace process followed itself at the crossroads hour or to be more precise in a deadlock i guess you knew president obama initiated to direct talks between israeli prime minister benjamin netanyahu and palestinian leader mahmoud abbas came to us oh mate last autumn after israel. nor to the pledge to do. this is there to the construction of a jewish settlement at the president and in east jerusalem but at the same time. the president submitted there was a message to do a palestinian society you're in his words it is quite clear despite of all the

problems russia is ready to throw its weight to to support the idea of palestinian state and moreover russia's already seen was about signs of palestinian. state being created and did that that was emphasized the by president mediator during his. press conference so it seems that the. president made me do it as an idea is just to give new impetus to the process which deal now has. unfortunately lost that steam was talking when it comes to the four parties involved with getting the middle east peace process back on track we're talking of course about the mideast peace the mideast peace call ted russia appears to be one of the only members really shouldering a lot of the weight here but tell me about this israel has left itself out of possible talks with the russian president citing an internal strike you think it was intentional and would undermine the peace process. well i don't want to make too much story or all of

a that the strike of his or other diplomats which prevented president of from for a moment may can. i don't think this is a real thought because but what can isolate israel it stop. on. jewish settlements construction as i said area of course israeli position can and should be respected but at the same time if israel is genuinely it here into the middle east the peace settlement it should realize that. it took also give some concessions to the palestinian side and to understand that. stand at present while twenty nine construction it would be impossible to reach me. a long lasting solution move with probably study and let's let's talk about the role of washington d.c. here because the u.s. has failed to move the peace process forward as you were saying just moments ago even when no washington was offering jerusalem massive incentives at the end of last year do you think russia can succeed where america has failed. well.

you're right you're absolutely right that american administration so far has failed to reach any tangible results in middle east peace settlement but at the same time i don't think that night night the moscow no question on not obvious single power by its only efforts can reach some results in the middle east and. we have to understand that only through a joint effort of the world powers progress specifically or all of the middle east quartet they can be just. some progress in bridging the gap between the position of israel and palestinian side and in fact what adds additional where you have to present. to the rest is that it takes place just weeks before the february meeting of middle east quartet which definitely is going to discuss

the issue of for a palestinian state a jewish settlement construction and the. middle east the solution i'd like to check in with you in in february then sort of a stroke on from the commerce and you say thank you thanks for having me. on next hour we speak to a top palestinian diplomat who says russia's effort can make a difference to the situation in the middle east after america's failure that. but they tried to convince netanyahu to stop further occupation through building new settlements at the gaza blockade to stop the measures they're taking in jerusalem but the americans failed to do this they admitted and now put more pressure on our strong to bring us back to the negotiating table and you know who uses the current government as an excuse saying he cannot make a decision under this government russia recognize the independent palestinian state in one hundred eighty eight with the nine hundred sixty seven borders and with its capital in jerusalem and never denied it decision in other words many things show

that russia is serious about its intentions it keeps reminding the world about the decisions that have been made before but enough forgotten. this is r.t. life in moscow now poland's internal ministry says that russian air traffic controllers were involved in the plane crash that killed president lech kaczynski over the past hour last april that was it's the first step towards the new report on the tragedy which is due to be presented in february at a news conference in at wausau the polish interior minister dispatchers didn't provide pilots with enough information about the flight it follows the official investigation suggesting the crash was caused by the errors of an inexperienced polish crew bad weather and pressure from high ranking passengers earlier the family of the late polish president also denied these findings blaming russia for the death of lech kaczynski his son in law claims the plane crash was a planned assassination in

a friends for kaczynski is anti russian of use and to prevent his reelection anton from the voice of russia radio station says the polish side has misled in their suspicions and has been from the very beginning. controllers job is just to give a clear eyes to the crew if there is an obstacle on the runway and it is not in a position to ban the landing so in fact polish investigate. the polish society in general probably even at the highest levels are looking for a missing link which is a presumed order from moscow to small and scare controllers to to give the clearance because they believe moscow would be embarrassed if the polish president had to fly elsewhere so they're trying to find it and i think it's so far it's an and untenable proposition because. we have no words for him and the

records coming from the kremlin say too small and to. give a clearance. meantime who can you assure smaller from the center for international relations in brussels says those in poland who support the accusations are unable to break away from the old stereotype of seeing russia as an enemy in the politicos . go live there is a notion of do or they are some people who cannot leave having an enemy in the polish gone one with germany and one with russia and it is very difficult technologically people to adopt doing new situation where you actually try to change. and i gratian into cooperation and this is what this company but if you had a very young man who was not an elected to. the earth and he just happened we have a boat of the daughter of the late chief who is trying to make

a name for himself and drones and crazy extravagant. it doesn't political significance. still to come on the program here on our rather useful fortunetelling tips russians celebrate the twelfth night of christmas. looking into the future if you want to find out what awaits you in two thousand and eleven join us for a traditional russian fortune telling session in just a couple of minutes. a public fury is growing in the u.k. where the biggest banks there are planning to pay out billions of dollars in bonuses to some stuff the cash but now answer comes after many banks were bailed out by taxpayers' money and the public sector cuts across the crisis hit economy. reports on this. this is all staring. the homeless and needy queue up for food handouts from charities all over london and the u.k.

just a few miles away it's a different world with different rules prime minister david cameron has shied away from regulating bankers' bonuses they might have to be a bit more open about them but pay because there will be no windfall tax there was more. to be over and bankers have taken that to heart u.k. banks including some of those bailed out by taxpayers last year will be paying out eleven billion dollars to their staff this year here on the street where the needy live literally from hand to mouth that's going down badly. british do that and he's not the only one complaining last year saw thousands of students out on the streets demonstrating against austerity cuts about by global

crisis triggered by reckless bankers now the right to work campaign is calling for a fresh wave of protests against what they're dubbing the government surrender to the bankers and their huge paychecks for basically i think their money back is going to see obscene especially when their people struggling to even pay their rent to even feed and clothe their children when people are getting prepared three million pounds bonus is quite frankly excessive interesting and disgusting amount of money taxpayer lobby group say they don't care what privately owned banks do but the ones that have been bailed out with taxpayer money have to show some restraint can't possibly be expected to stomach at a time when the government's making spending cuts to stomach these enormous bonus payouts and to watch all this go on when these banks seem to forget that it was the public's money that saved them but not every. and sees it that way daniel hoffman from financial services says banks is still vital in supporting economic recovery

and if bonuses paid the best bankers will move elsewhere it's crucial that the banking sectors around the world i mean really need. are getting healthier and can support economic growth but house on the street those who depend on charity to put food in their mouths find that difficult to stomach with this latest backtracking on its regulation it seems banks and their governments have learned very little from the financial crisis just a few miles away bankers continue to feel left pockets and looks set to be able to go on. but this time they're doing it with taxpayer money which could have been used to help the needy. meantime eurozone governments are still divided on the size of the e.u. bailout fund which was set up last year the discussion on whether to boost the facility took place at a summit in brussels the european commission and european central bank want to widen the funding if struggling eurozone members like spain or portugal need help

belgium's finance minister wants the doubled to one point five trillion euros however germany the biggest eurozone economy so far ruled out any substantial increase. which a member of the european parliament and leader of the u.k. independence party says the whole idea of the eurozone was wrong from the very beginning. i think what they're doing here is they're reinforcing failure at the end of the day countries like greece and portugal. should never of joined the euro in the first place trapped inside the economic prison with a whole set of policies that don't suit their circumstances and i think the more we build up. the more in effect we're pouring. and this really is a tragedy because. people. you know. we have mass demonstrations we have had people actually killed on the streets. if they hold the

eurozone together. those countries are going to get worse and what it really needs is a frank assessment which is there is an argument. with germany and holland and a few countries possibly france as well but there is an optimal. but can work together for the north and south of europe to be stuck inside a monetary union is never ever going to work but nobody inside these institutions wants to face up to that with the e.c.b. buying up its debt and now with this with this agreement in brussels that the stability of doing the same thing you know you begin to ask yourself a year or eighteen months down the track will the european central bank itself actually be. a liquid functioning. all we are doing here we're reinforcing failure. well as the e.u. gets to grips with its financial chaos china is offering to lend the troubled euro

bloc a helping hand in its latest program max keiser looks at just why beijing is doing it because reports coming your way in just over ten minutes time but. let me make this falling projection china is buying european bonds why are they doing this i think it's because at some point they will demand payment in the form of gold you know in the european zone there are about eleven thousand tons of gold which would be the highest concentration of gold in the world higher than even the u.s. has eight thousand tons of gold china moving into europe buying those bonds of course europeans will never be able to pay off those bonds because their economies are in freefall and then china will turn around and say ok you can pay us back in euro's but we'll take the payment in gold. just after twenty past the hour here in moscow you would not see now let's check

out some of the major headlines from around the world in brief a suicide attack on a police recruitment center in iraq has killed up to sixty people and injured about one hundred fifty the blast occurred in the city to create hometown of the late dictator saddam hussein witnesses said the bomoh blew himself up in a crowd of people queuing to apply for jobs with police officials believe al qaeda is behind the attack insurgents have intensified assaults on iraqi police since u.s. forces ended combat operations there last august. three opposition ministers have resigned from a unity government headed by the former prime minister they are said to be happy with leftovers from the old regime becomes a bit of fresh wave of violence across the country angry demonstrators clashed with police over what they call a betrayal of the revolution the new head of government said experienced ministers would need to go to new zealand to make the transition into a free. society. more than three and

a half thousand people have fled their homes in southeastern australia with fifty one towns affected by rising flood waters sweeping through victoria officials warned that the waters will reach their peak in the north west of the state later in the day of mourning follows weeks of flooding and worst affected queensland that killed at least thirty and twelve people missing. while the twelve night of christmas of the orthodox calendar has been around since ancient russian times for fortune telling and even though it considered a sin by the church this tradition is still very much alive and well in russian villages. was it one to some mystical tips and get a look into the future. we all know that journalists are incredibly curious people well at least this is an excuse i'm using for myself today to join this traditional session of fortune telling it's usually done on the last day of. which last for two weeks after the orthodox christmas traditionally women gather around the same ball

and perform different kinds of fortune telling procedures to find out what awaits for them during the year whether they will meet their fiancé or simply to make a wish some of the easiest way to tell your fortune is about making your wish come true if you take a handful of names and count on it or even just even what even you wish will come true the next one is the most mysterious one what i have to do is to take the scandal to spill the axe in the water let it cool down and see what shapes it takes and try to understand what could mean potentially for me in the next year. you have a ring which means that in a year to come you'll have a new soul mate. well i didn't see that coming but apparently this is what all girls wished for when they do fortune telling on the last day of the so i guess i'm lucky. i had no time to dive headfirst into the ball that business sure.

so what's the latest news about the kiwi self-service payment terminals are you have details on this well it looks like the japanese company mitsui wants a piece of the action since these terminals are used by eighty million people every month i'll have details about that in a moment but first to our top story. welcome to a business program the board of ample tom has approved the purchase of telecom assets owned by egyptian billionaire now goob so where is for a total of six point five billion dollars this despite opposition from norwegian shareholder telling on russia second biggest mobile phone operator was a takeover so we're says italian mobile operator when telecom when he caught cod and his fifty one point seven percent stake in egypt or as com telecom holding. this would create the world's sixth largest phone company simple calm signed a new agreement after telling or rejected an earlier six point eight billion

dollars proposal. which owns over forty percent of them pull com says it's disappointed by telling norah's position. were disappointed by their growing this silly geisha and some made in their statement. we are the position that. difference in views of business development shouldn't be an obstacle to effectively develop. one of the leading global typical operators. until the north says it will fight the approval by vimpel com board at the company's shareholder meeting suggesting shareholders will face considerable additional dilution if the acquisition is completed on the current terms tellin or warrants the deal could make simple com less attractive for investors. now let's have a look at the markets now european stocks rise with banks and mining shares strong

across the board burberry's one of the top gainers on the footsie advancing close to four percent after a strong third quarter sales report on the downside glaxo smith kline pharmaceuticals fell close to six percent on news that the drug maker will have legal costs of three and a half billion dollars because of a product liability case related to one of its diabetes drugs. and in the u.s. the markets are mixed this hour a boeing aircraft is up over two and a half percent despite news of its revised delivery date of the first seventy seven dreamliner to the third quarter reflecting the impact of an in-flight incident during testing last november. and here in moscow the markets closed down on the day the r.t.s. and my stocks were down about one third of a percent. and finally mitsui has acquired an almost fifteen percent share in kiwi russia's biggest operator of self-service payment terminals the japanese company aims to move into the field of electronic payments which is fast developing

in russia kiwi share of the payment service market in russia totals forty five percent with around eighty million users every month. and that's the business news for this hour but you can always find more stories on our website that's our dot com slash business and for watching.

wealthy british scientists are some time to. find. markets why not. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kinds a report. in india auntie's available in the grand central shirts in limbo and the taj mahal buying toys president tonight famous results comin to beatriz a book close to gone mahal hotel charges some rent hotel. hotel close up in the ridea alina the judge the hotels church in new delhi hotel the mario.