over two hundred and thirty in a televised address the leader sunset this number was exaggerated and he also dismissed a horse at a spa there has fled the country one rastus also raging throughout the region with protests in yemen by hiring and rocko mideast expert agents how beauty says that global dominance groups are behind the turmoil. they might be getting rid of of thirty forty or fifty euro regime but many of these countries certainly in egypt certainly libya are certainly in tunisia and back karim they might be getting themselves into just as bad or even worse trouble if they don't really understand the social proof such as this going on and we will fall the interests that may be driving them from outside of the middle east because i think this ties into a more global pattern where we have to understand the major geopolitical long term planning emanating from such organizations as the council of foreign relations the trilateral commission and the bluebird group who have for take

a bit in fighting the arab world and have been fighting the sovereign nation state as an institution on a global basis so in a way if they can get rid of these strongman men whether it be hosni mubarak in egypt or colonel gadhafi in libya and try to transition has always seen before to a more liberal chaotic and more controllable western style democracy that would serve in a privilege to serve what we have to be very careful about the various readings that we make of this is a very important that both the pro protesters on one side and the government of the . egypt whether it be in libya whether it be in a back rain or in tunisia should understand how powerful social forces they are up against the psychological warfare tactics that are being used and they should not allow themselves either side to be used by interested objectives which are completely outside the interest of libya because all the egyptians or we are

tunisians or the iraqis or just about any country that is having such turmoil in the middle east the president. well to find out more about how the middle east on people is impacting global economic power patterns we're now into i live by our team financial guru max kaiser max oil prices are climbing in response to the grassed how does this affect the world's economic balance and who do you think is taking advantage of that. well the the rise in the price of oil has been going on for a number of years now as a result of two forces in the economy the primarily the inflationary forces of a lot of money printing are going on as these various countries engage in what are what's known as currency war they're trying to export their way out of their economic doldrums and they do this by printing money and the says the perverse effect of driving the price of oil higher and so in europe where the euro is very

strong they're not as impacted as greatly as let's say the u.s. where the dollar is collapsing second of all you have the force of peak oil saudi arabia just announce that they've been or i should say wiki leaks just revealed that internal documents suggest that saudi arabia has been overstating their reserves by up to forty percent which would keep in line with other of the other major fields bergin in kuwait and cancer ale in mexico in terms of production dropping percipient asli in the major fields all over the world so oil the cheap oil the oil that's cheap to get out of the ground is gone which means that the price of oil is down there covering it from a lack of supply and a surfeit of cheap money that's being injected into the economy as part of the currency war as as we move toward a new currency grid the bretton woods agreement that was put in place after world war two is finishing up we're going to enter a new global currency arrangement using the special drawing rights the s.d.

yars this was talked about davos and the u.s. dollar of course is the big loser in all of this. other than the dollar dropping what's happening to the u.s. economy i made this unrest in the middle east. well you see in madison wisconsin that they are seeking a regime change in madison wisconsin to get rid of the dictator in madison wisconsin who's been in charge of transforming that economy in ways that are completely outside the scope of what americans are used to in terms of a fair wage for a job well done they want to bring in the same kind of reforms that america is famous for and doing in foreign countries to gallagher's those economies and to bring in the neo liberal model that has been privatization and banking banking cartel running while they want to do this in america so the people in madison wisconsin are revolting tens of thousands are in the street to join in this global

insurrection against banker occupation so the americans are now joining with tunisia and egypt and the people in athens of people in dublin and of course the big winner the only country that's proven to be strong enough to stand up to the banking terrorist cartel has been iceland they put the bankers in jail they're saying no to the referendum to comply with the banking the terrorist banking mandates and dictates so iceland is become really the democratic shining star of the global economic world. while other major even powers have proposed to provide more financial assistance to north africa while certain union members there are struggling is this fair and do you think that that could actually work. well they say if they want to provide more economic assistance they don't have any they don't have any money they're broke the banking system is completely broke the i.m.f. for example they're using the collateral ireland as the basis for

a loan from the global wholesale market to take over ireland because the i.m.f. is bankrupt the world bank is bankrupt the federal reserve is bad. e.c.b. is bankrupt although there are there are all the before devastates said they needed to create one hundred trillion dollars of fresh credit lines to recapitalize all these bankrupt banks that's two tones the global g.d.p. number all these banks are completely and utterly bankrupt and the employment is nosediving so there's no basis for any more taxable revenue coming in so this is why you have revolution of course because the governments are out of money and they're trying to leave it on the people through these austerity measures they want to go back to utilization they want to go back with a few four or five hundred elites like kings running the world and everyone else is supposed to be a serf well you know that's not going to work for millions of people around the streets telling these governments in these corporations and these bankers to stop it we're going to revolt the cheapest thing for us to do is stage

a global insurrection against banker occupation and not to comply with your phony austerity nonsense with that said the e.u. is still planning to spend money on democratic reforms in troubled countries where exactly do you think this money is going to go and how could possibly the e.u. benefit from that. they don't they don't have any money the only way they they can they can print more money but as they print money it drives the cost of food on the futures market and precious metals higher they're just exacerbating the problem because they have no actual physical cash they just print feed debt which makes the price of food go higher so the first thing the e.u. could do is shut up and not do a thing because they're just making the situation worse they're completely corrupt they have absolutely no ability to assist whatsoever because they have no money and they keep printing fake money which is driving the price of food higher which is causing more revolution so they're just totally stuck in

a box here and the best thing they could do is shut up dissolve themselves all go back to their farms or wherever they came from and just just remember the central banks in the e.u. and all these global organizations because they're just making the situation much worse and that's why the people are revolting in their right to revolt and i hope they succeed in their revolution because otherwise we're going to be all living back in feudal times in a neo feudal regime of these banking monarchs who are just going to impose their will in a way that's completely inconsistent with democratic reform all right max we have to leave it there max kaiser live with us on the line from paris thanks for that. and coming up later today in our debate so cross talk peter lavelle and his guest discuss why countries in the middle east spend so much on the military and how the u.s. justifies its big business in the region. saudi and the g.c.c.

states to me in part are somewhat comparable to a singapore switzerland their small populations they want people to know they have weapons system they basically want to be left alone saudi arabia does have some incursions into yemen and he's using the charnock it purchased from the u.s. and other states so i'm not sure about that but nine missile or one could of course discuss the who. but to say that they're not using it at all i think it would be a question. if you want. more news out of the middle east our two were rainy and warships are to pass through egypt through with kamau on tuesday it will be the first time iranian naval vessels have sailed those water since the country's nineteen seventy nine islamic revolution the vessels had been due to enter the canal on monday but their passage has been the way the ships are heading to syria after

a training mission israel and the u.s. have expressed strong concern over the moon saying it as already high tensions in the region. is following developments in tel aviv. this many prime minister benjamin netanyahu says that he views with most gravity the posturing of these two iranian warships through the suez canal to the mediterranean sea he says that it's really an attempt by terror and to take advantage of the current situation to exploited and to extend its regional influence we also heard from the israeli foreign minister of a dollar lieberman he says that this is nothing short of provocation is will in iran have not had diplomatic relations for the past thirty years and israel is concerned that iran is sending weapons to its neighbors that will ultimately be used against the jewish state is really soon relations are strained israel convinced an israeli official saying as much over the past few years that iran is supplying weapons to syria that ultimately land up in the hands of his vote in

lebanon on now the united states is adding fuel to the whole situation the u.s. state department recently set up a twitter account and it is using their twitter account to post tweets in flossy that supports anti iranian government demonstrators out on the streets of tehran we haven't seen the u.s. state apart. anything like that supporting or even expressing any kind of opinion on the same kind of demonstrations that are happening in yemen since nine hundred seventy nine since the iranian revolution there have been no iranian warships that have actually passed through the suez canal this is the first major diplomatic headache for the egyptian interim government for the ruling military council as you well know president mubarak had a close relationship with the united states he was an ally of the u.s. and at the same time relations between him and the rand were strained for the past thirty years it is not clear exactly why they gave permission we haven't had any insight on that but what we have been told reported is that it took in officials

have checked the cargo they are confident that there is nothing suspicious on board and as a result they have allowed the free gate and the supply ship to go through. well still to come in the program not man's best friend. they say the dog is a man's best friend but of course if you apply this a bit more than just companionship we have the story of a man who once had to take care of his pet. care of him. but first latvia's jewish communities demanding compensation from the government for property stolen by the nazis during the second world war but many believe the case is likely to be rejected in a country where s.s. forces are seen as liberators from soviet. participator all of our reports from the baltic states. thousands of jews were robbed of the property money and in many cases their lives trying to treat one of the major issues is how much only sign of

nazi germany today so really. unfortunately many believe the lothian waffen s.s. who fought against the bolsheviks were liberators but they in fact were bandits and robbers they have seen documents listing real estate that belong to jews killed in ghettos i think their property should be returned the amount of reparations claimed by jews is around sixty five million dollars the country's government says that they will continue to hold talks with religious leaders in order to come up with a solution however those in power draw their support from nationalist groups who are far less diplomatic when it comes to the issue. wired to an administration is not responsible for democracy of doing the holocaust of our country was under our education by definition lightly and i thought he just cannot be responsible for the actions of occupants local jewish leaders say that they only want what was stolen to be returned however they realize that this may be difficult with current

attitude in law where. we need to be brought to solve social problems like develop education culture was meant. synagogues and cemeteries of course it's hard to find when you need to take back. what i hope people will understand and justice will be done a short distance from the capital is the forest with the jews were executed it says is a poignant memorial to those who lost their lives but in central reader there are equally chilling monuments to the holocaust like this synagogue which was burned to the ground with. over sixty five years after the end of the second world war the burnt out shell of this synagogue serves as a reminder to the tensions that still bubble between the local jewish community and those latvians that consider the troops to have been heroes well while the government continues to draw most of its support from nationalist organizations

a resolution to this conflict seems a long way off piece for all of. well all the stories we're covering for you are available right now at our two dot com let's run you through a selection what's on my mind today discover why are my two million dollar fleet of yobs belonging to itself exiled russian tycoon burns because austria has been seized in france. and the spy in the sky former russian agent alan chapman's turning our attention to the cosmic catwalk plans to add some glamour to the country's space industry get the details that are three com. t.v. . the dire economic situation in the u.s.

has created a youth unemployment bomb with millions of graduates failing to find jobs to start paying off their college debts and those lucky enough to find work are massively overqualified for their positions are these anastasio turkana reports. the international children's fund has worked for almost a century to help the less fortunate than other nations now we want to tell you about a problem a little closer to home. for only fifteen thousand and he said today you'll get everything the needs to survive the idea of a doctor grad may be a joke but modern day post college survival is most certainly not have seventy six thousand dollars hunted by tuition debt larry's one of america's college degree owners facing a job market that has long ago thrown out the welcome mat young people have twice the point rate of most americans college grads are stepping out into the world in the worst time to try to land

a job with around two million of them unemployed forcing many to forget about their skills and agree to any job for over three hundred thousand waiters and over eighteen thousand parking lot attendant working in the u.s. are said to have a college degree moreover the u.s. bureau of labor statistics suggests as many as seventeen million americans with college degrees are forced to work jobs requiring less skills than a bachelor's degree provide raising an entire generation of janitors with ph d.'s as we have an ever higher percentage of kids in college and ever higher percentage of kids graduating at the same time as ever more companies are hiring fewer people so what better time to question whether education really is the best investment bed with america's traditional promise of a dream life after college what students aren't told however is the. the cash and time they are investing is going to come back to bite them. at twenty two charles

with a bachelor's in film and a dream of directing is already getting ready to settle for less you do wonder. because of the economy he's looking for any of the liberal jobs to pay off his student loan debt but has not been able to find any paid work. sixty five seventy thousand. tuition. or part from weaving a dream career goodbye another big trend according to analysts debt driving much more than career choice if you want to help poor children as a physician good luck with your four hundred thousand dollars and other words people's college and university debt is beginning to pick their careers who they marry where they live with the economy in other countries pumping in full mode job hunting overseas is becoming a lot more attractive than in the u.s. a lot of my friends are considering jobs outside of the u.s.

in india they're continuing. to shriek with fifty thousand dollars of college debt says debt works hand in hand with american culture take it or leave it but it's the cost of living the american life that educational. dead taking out loans. so you just live from one day to another the u.s. wants to hold top position as world leader in the number of college graduates at the same time not enough jobs are being created and debt piles up forcing millions of americans to settle for less than what they dreamed of when covering that higher education and. a look now at some other major headlines from around the world a high court in india death penalty for the only surviving gunman of the two thousand and eight by attacks mohammad. saabs appeal was rejected he's been convicted of multiple murder and conspiracy as well as waging war against india

route one hundred seventy people were killed when ten pakistani gunmen attacked three hotels in the city could still take his case to the supreme court. one hundred seven pilot whales have died off the tip of new fever i went after the whales were discovered by hikers in a remote location on sunday and seen from the country's conservation department flew to the site profound about half of the group had already died last month twenty four pilot whales were lost in a similar incident the north island. they may be man's best friend but for some people dogs are also a lifeline to the world and the eyes of one man's guide dog started to falter and the owner spared no cost to keep his four legged friend on the road. first found out the government's not so quick to step up the task to train more of these vital animals. when alexei shiloh's began leading him astray he

realized that rather than a visual aid this might be more of a case of the blind leading the blind the chip to the vets and his worst suspicions . we find cataracts on the dogs eyes and how to take urgent measures. but as they say a dog is for life and despite the large cost of the operation lexie was determined to find a solution. i don't like to think about how much it cost me i took extra work and saved my pension for surgery it was worth it. we had to stop the inflammation and then remove the islands from the dog severely damaged the surgery was successful and the dogs now able to see again. in a country with a very cool sure of a million blind and visually impaired the number of guide dogs available is where you really inadequate training center in the outskirts and. gay is one of only relatively few and the only one that's government funded there are eighty dogs

being chained here in the center at the moment now the training of the dogs typically starts in there between ten months and two years old and many of the puppies are bred in the third itself but the schools in a catch twenty situation it will receive further government funding to increase the numbers trained until demand is higher but the demand remains low as many simply can't afford the expense of keeping a parent and in a country struggling to adequately provide for the blind guy don't complete invaluable as alexei well know these bruises all like a member of the family which is always in the same room as me i'm one. they say the dog is a man's best friend but of course if you're blind a guide dog is so much more than just companionship it's a chance to mobilize itself to really get your life back and that's why it's so important the more guys like this a trained up surfer. coming your way here on our team is the business

kareena joins us with the latest from the financial world. how a welcome to our business update good to have you with us and here's our top story this hour russian gas giant gazprom is rejecting a request from german utility. that its russian gas purchases be linked to the spot market price long term gas supply contracts between gazprom and european customers are linked to the price of oil that formula has attracted increasing criticism from europe as a price of oil has rallied strongly guess from c.e.o. aleksey miller explains why gas can be traded like oil. is. the share of sport trading behind them fifteen percent on the european gunsmoke it's because gas is not to traditional exchange commodities like oil couldn't become a really exchange commodity like oil because of its physical characteristics. and

staying with gas than the book of project europe's answer to russia's back north and south stream gas pipeline project has doubled in cost after a recent revaluation the proposed three thousand two hundred kilometer pipeline which the e.u. hopes will help reduce dependency on russia by transporting gas from b.p.'s new twenty billion dollar project in the caspian sea was initially supposed to cost nine and a half billion dollars but a recent assessment by b.p. has put the cost at nineteen billion dollars question the project viability as the majority of the gas field intended to supply the pipeline are yet to be developed. yandex is planning to place an initial public offering worth up to one billion dollars this summer russia's leading internet search engine has hired deutsche bank and morgan stanley as underwriters for the i.p.o. and plans to trade on the nasdaq stock exchange the search engines offering could become could become one of the largest companies in two thousand and eleven and

would surpass mail dot ru nine hundred twelve million dollars i.p.o. last november the on deck switch recently landed in the top fifteen most innovative companies previously planned to issue shares back in two thousand and eight but halted its plans due to the crisis. and it's look at the markets it's a sea of red in europe the parties trading a quarter of a percent lower with banks among the top losers shares of barclays dropped one point seven percent and those of royal bank of scotland well over two and a half percent investors are not making any big moves concern about tensions spreading across the middle east and north africa. here in russia the equity markets are posting gains as oil continues to rise due to political upheavals in the middle east this is pushing energy shares higher what may keep the in this is going is a lack of news from the u.s. of the american markets are closed on monday for presidents' day and taking a look now at some of the individual moves brant crude for april deliveries trading

just under. one hundred eighty five dollars a barrel this is providing some support for the energy majors gas problem is up over one percent us out of norris snake illustrating over two percent high on the r.t.s. and russia's two top oil firms while staff and local are also making headway up around one percent. that's all we have time for for now but join me at twenty past the hour for wall business news here about.

the official tee up location on the phone called touch from the. lights on the. video on demand. cheese month old comes. an r.s.s. feed now in the palm of your. machine on the dot com. news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. showing corporation to rule the day.

for the full story we've got it from. the biggest issues get a human voice face to face with the news maker. live from moscow our top stories this monday middle east on fire a hotel search in libya burnt government buildings amidst reports the country's later. experts and politicians are blaming western involvement for stopping violence violence in the region. writing past wrongs laffey into this one compensation for what they lost on world war two and claim their governments turning a blind eye to the crimes of the nazis were considered a liberating force in the country's history. and the u.s. is facing an increasing population of overqualified janitors as the country is

struggling economy to provide for college graduates. next artie's adventure james brown head south to the pens a region for the latest in our discovering series stay with us. in russian terms the pens region is just a short hop from. around six hundred fifty kilometers southeast in only an hour's plane journey away it's an area that any traveler should explore. the capital cleanser is home to more than half a million people and although it's a modern city with a driving business and cultural scene there are plenty of twits possed sit around the streets. so this is where the history of penza began back in sixteen sixty three it was founded as a firm to town on the very first wooden buildings went up.