it's. markets weiner scandal. find out what's really happening to the global economy because a report on. the political cost of twentieth century imperialism french president sarkozy loses ground ahead of next year's election after his poll ratings following the military for a central africa. a major terrorist leader linked to deadly bomb moscow bombings is killed in southern russia after a routine police i do check turns into a major firefight. and a dumping ground for the developed world electronic rubbish foreign invaders or to dismantling hazardous because that only means of survival. and in business news global stocks fall in with russia taking

a nosedive of four percent. downgrade its outlook for the u.s. economy to negative find out more numbers of. international news live from our studios here in central moscow this is our team putting france of the leading edge of western military action is turning into a political pawn that threatens to explode in the face of president nicolas sarkozy critics are lining up to label him imperialist daniel bushell reports sarkozy prospects for a second term look shaky but best. if nicolas sarkozy hoped intervening in libya in the oil free coast would boost his popularity is. he's now for the most unpopular president in the history of france's fifth republic according to the latest opinion polls at the weekend. the main beneficiary has been marie le pen

head of the national front party she's expected to knock him out of next year's presidential elections sarkozy wants pledge france will never again kill people in africa le pen told me he's broken that promise so that this decision as a past colonial reaction by france where behaving like a well it's policeman deciding who is bad and who's good the president's policies a mirrored at former colleagues one inflexible personal style x. finance minister. lift the ruling party this month admitting they called to work together form a human rights minister graham a year they has quit to sarkozy let colonel giveth he use france he said as a doormat to wipe the blood off his feet by hosting him in paris now he's hunting the same man down so has he also sacked his integration advisor for disagreeing

with him direct meant that man told r.t. the president doesn't know how to compromise. there's no place for a twentieth century colonialism to be but there should always be room for negotiation it's all leaves nicolas sarkozy with few friends just when he needs them it's become a lonely life inside the presidential palace but mr sarkozy not only a political opponent of pulling apart is for policy even for the allies like so many have been now talk of his serial mission to build plans work with the president for over seventeen years the former premier fears libya turning into another afghanistan a deeply unpopular war with no clear deadline we cannot go in any country without knowing when we will go out i think this is the lesson that we did not treat from afghanistan in its global diplomacy it's the same problem unless. france

is facing criticism for what some see as heavy handed intervention in the ivory coast the result is a presidency experts morte at home and abroad for his arrogance fossils and more local monarchical republic trailing both pain and the socialists in his bid for reelection in twenty twelve sarkozy looks unlikely to mellow leaked memos from boys as his only chance of winning is to make his policies even more extreme than usual see paris. in libya's western city of misrata rebels are struggling to lift a week long siege by gadhafi forces i should say weeks long siege and the reports of a humanitarian crisis in the area the opposition forces say they have no chance of resisting without the help of nato air strikes and based journalist and author action returns he told me earlier there could be another player involved in the libyan crisis to. definitely china is part of this equation that worrying

washington i'd say rather more than european union leaders but definitely one only has to look at khartoum to see chinese investment in africa and get out he was one person who for all his privatization and later suddenly coming back to be questioned he still didn't like africa calmly american defense network in germany regarding africa some people would say that china ironically has some some colliding ambitions as it were when it comes to libya because bahrain and saudi are currently in the throes of demonstrations not covered on western corporate media and ironically china needs a stable saudi arabia and bahrain for its own energy needs so u.s. interests and chinese interests are one in the same to a degree perhaps that is why. in this case abstained according to one national

security agency advisor to dawdle and he said the reason we went into libya one factor was we had said he had no war could no longer be leader and it would look to iran as if we make threats that we don't follow through on a bizarre way to run for in quality. russian returns he told him in a letter from london well still to come on the program the greeks seeking gifts the financial crisis hits the younger generation hardest with graduates push the board in search of a proper job. and also still to come for the russians are in space scientists prepared to unveil an ambitious telescope project over ten years in the making that will look deeper into the cosmos than ever before. russian officials have confirmed one of the figureheads for islamic radicalism in southern russia and then widely known as. has been killed in the same region security services have surrounded the building which is harboring an unknown number of militants the

reports of heavy gunfire and artie's north caucuses correspondent is following the latest developments for us. well everything happened on sunday night two cars were stopped at the checkpoint in dagestan but when the driver refused to open the car and opened fire the police fights back and out beyond for terrorists including the militant leader is the real value john the four killed and these terrorists think responsibility for a number of terrorist attacks not only doug is down but across the russians in north caucasus a view john of also known as the new class run over was a believed to be responsible for training women to become pursue a side ballman for future terrorist attacks across russia and the national antiterrorist committee says that russia's most wanted terrorist the of whom are appointed to value john of to be have of terrorists in the east down in

a cold war twenty times and even other ways of a major anti terrorist operations underway here in the north caucasus but still a d.n.a. test showed no evidence of a mile off and he's a not only on the list of russia's most wanted terrorist but he's also on of a list of the most wanted terrorist in the united states he claimed responsibility for moscow dumb idea the airport terrorist attack of the seattle and a number over a moscow and natural born means that happened last year but still after a number of anti terrorist authorizations that took place here in of the north caucasus there is no clear information of where who might or might be. destroyed you for more news in the future stories you can log onto our website it's our teeth or call here's a quick look at what's not up you right there on the web sorry but school examination with nothing to do with education russia reduces drug tests for

people's lot to catch kids using drugs but to persuade them to stay away from them that a website or a loser. in the russian prisons health originated in maids can now choose to serve a sentence in the smoking cells. and you can also share your own videos news stories about our t.v. dot com just click on the your video section that he lays maybe one day you'll see your footage on t.v. . there are a few gifts for the young graduates in post-crisis greece the government is so deep in the red it's being forced to restructure the whole country not just its debt the consequence is a drain of the nation's best brains heading abroad to find a future. there was

a time when thinkers and philosophers flocked to greece that however is ancient history to graduation day at the economics an aversive in athens an exciting day for most of the students of course but the irony of the situation is that most of them will not be able to find a job in their home country that's a worrying trend brought about by the world financial crisis which has lived deep scars on the greek economy. real world. use it often. has two master's degrees in political science and history and his ph d. but his education seems to matter a little here in greece you've got some connections some things like that they're not doing as most of the public in the private sector. if you don't work very well in this part of those who have been educated abroad it's very musical makes him

because he really did not hear from somebody that they were abroad and it's more difficult to be dubbed the king. actually that's where a stylist has spent three years in total looking for a job in his country that aside from doing mandatory military service now he's thinking it's time to dust off his shoes and go rest but i'm going to give you the sides in england if he does he will call that we can bog. down with them all because. his plight is shared by many thirty something greeks some like the hollies rely on their parents for help. feeding. i'm thinking of finding something and something. or. something i'm very close. with the butt of this financial crisis dear sister despair may take over the entire country. greece

has been badly affected by the crisis the country is in danger of losing a lot of foreign interest. and not just financially speaking the young energetic and educated workforce may leave the country in mass never to be seen here again it is because courts and greece. portugal is negotiating a possible financial bailout but political events in finland could sink of their chances nationalist party true finns made major gains in the general election there and is threatening to veto any e.u. loans to lisbon you know what you're going to from the finnish institute of international affairs says there's nothing unusual in the party's stance. previous . economic crises in the early ninety's when finland mostly bailed itself out in a way that survived without support from the others and this is something which goes to the finnish mentality of the people and nations to play care of their own

economy and in that sense i think it says something about the finns very strongly feel about it and this is of course something well this is what you can see in other parts of northern europe as well and then of course there is the question in those countries who are receiving funds from the european union the very source or very trusted to measure the policies of those governments and the more popular these days so yes there are. limitations within the european union but i think that to come as a surprise because the issues at stake are so huge amount of. what is needed to save the european economy and the credibility of euro they are huge issues and of course there is political debate within the country among the european partners as well. and later today we compare the eurozone crisis with the situation in the u.s. how critical is america's public debt that's in our cross-talk debate coming up shortly. increasingly. but just as

a reference when the eurozone there was a limit of three percent deficit as a percentage of g.d.p. it is normally considered the maximum sustained that's what the u.s. is now at ten point eight percent clearly we have been warning there beyond that i don't know. crosstalk coming your way a little later here on. the other types of the ever hungry u.s. consumers being fed by a steady supply of goods from developing nations but those items often make the berry same return journey because when americans no longer want them it's countries like india that end up as the dumping ground. it's the sound americans love to hear the sound of the latest laptop or the newest snap book studies show that these days the useful lifespan of a computer is only two years and every day americans don't their junk in the hope

of keeping up with the joneses tallying up to a total of three million tons of electronic waste every year but where does it all go. welcome to ceylon pour a predominantly muslim mostly poverty stricken area of east l.a. where thousands of indians come to turn trash into what they see as a tiny treasure. of the economy my work is going to tear up this money. and that's how i make my living homages honest dirty two years old and has been tearing apart this trash for ten years in a good goods works with these four hundred to five hundred split between friends and can sell the raw materials and make about a dollar a day unlike regular trash that can simply be tossed away in many developed countries including parts of the us electronic waste must be sent to a special collection agency that is supposed to responsibly recycle the parts

however while it can cost these agencies anywhere from fifteen to thirty dollars to properly recycle a computer they can actually make the same amount if they ship it to a developing country like india were eager buyers think they can turn a profit on the goods delhi has passed becoming one of the biggest waste dumping sites in the world trash from developed countries comes here to india for those with few options first arrival to cash in on this job and even though it's illegal under the basil convention to ship hazardous material to india companies define the junk as second hand goods or mixed metals to customs officials to get away with it many countries seem. to second hand because if the. food. of quitting could go vision in the country but what they get in exchange for that is pretty drunk rocky i'll go all is the director of toxic slick a group dedicated to protecting migrant workers from the dangers of electronic waste in delhi workers have be putting stronger suits exposing them to all kinds of

racial hazards it's a reality most of these workers know all too well but it's a dirty job that at least for now gives them a means to survive. i know what they did is not good for my heart nor does source of income nor the job so i have to do something with your own heart that those with no choices are sometimes forced to accept preassure either party new delhi india. russia's finance minister has warned that high oil prices are not all positive for the country's economy and actually could remember speaking at a world bank session in washington but first he spoke to us r.t. and here's a preview of what you can watch in full later this hour. colonel the thing is that deliver the preschool significantly over a short period of time russia gets a large and all of it will loose and that either causes inflation which again has invested into russia as inflation causes the interest rates to go up or leads to the stripping of the ruble a stronger ruble leads to

a predicts where performance and increased import volumes makes imports cheaper those making the imported goods competitive with domestic ones this was the only domestic production rates there for such an influential dollars could have a negative impact on. that interview coming up a little later here in r.t. the meantime this is a quick look at some other news making headlines around the world in our world update in this case of the deadly slide people have been killed and dozens wounded after two suicide car bombs exploded in the iraqi capital baghdad witnesses say both cars detonated as they were queuing to enter the heavily fortified green zone the heart of the capital's business and government bonds in iraq has been increasing over the last year with bombings once again an almost daily occurrence. to robots sent into the reactor buildings at the focus nuclear plant of massive amounts of radiation barring any workers from entering the plant's operator also

announced a new nine month plan to stabilize the situation proposing to cover the reactors with a novel like sarcophagus the situation at the nuclear complex remains critical but radiation leaks and difficult access and. in progress. a possible vote kelly to put incumbent leader out good luck jonathan on track to win the presidency jury at the prospect of a christian president africa's most populous nation on the brink when they solve the country's population is muslim and volatile writing has already begun in a number of regions jonathan became leader of the former muslim president gary. russian scientists believe they could soon be pairing through the looking glass to outer space is deepest secrets and i just telescope project as baltic of the world's top. goes to play with a little galaxies far far away to be seen with amazing clarity so i think that a push over place a closer look. it's been over a decade in the making but the most ambitious russian space project is. from

science fiction to signs that a massive radio telescope promises to review the mysteries of deep space. is the father of the project he says within a matter of months hundreds of kilometers from the earth it will be scanning the far corners of the universe i want you to do just that many people wonder is does our planets the sun our galaxy we can't be alone now to talk of parallel worlds and time travel may sound like science fiction let's say we only know sense about the universe around us so let's hope to be able to look beyond that. if there are also known as radio astra will be the biggest telescope ever going into space together with its largest earthbound siblings it will create a network able to provide detailed images of the universe the resolution will be a thousand times sharper than that on america's hubble telescope thought already

rational and the limits of human knowledge we might be standing on the threshold of a revolution when things like dark matter cold start to come up. and the heart of the complex is. gigantic ten meter mirror in a movie see when the telescope is open and it's almost ready to leave its home in moscow and travel to the launch pad in the thousands there is in space this lawwell open its twenty seven pixels within thirty minutes and will start its exploration piano and those who have been working on the project for more than twenty years can't wait to start getting the best results and through the fields he's devoted a good work of his life to radio astro. initially the interest from the one nine hundred ninety one from the breakup of the soviet union put an end to those plans and brought financial difficulties the project was shelved so fifteen out of those almost thirty years were lost in very now that it's been brought up to date

everyone in the industry is holding their breath the emotions that it will only tell you frank gold we're back to quality space science and it's a truck and it works out and with that scientific world which is the mission good luck for all of mankind will benefit that they. aren't. happy about with the summer of on the news stories about eight minutes from now come up next is the business where the money tree stay with us. thanks very much bill stock markets around the world are plunging after salad pours question the credit worthiness of benighted states rating agency has cut the outlook for the u.s. economy from stable to negative and there are worries over the lack of political resolve to deal with the country's spiraling that early i spoke to my knowledge level from easiest capital i asked him if he was surprised this was the first time since the second world war that the u.s.

has had its a cut. you would have thought that if we saw a negative outlook or even a downgrade it would have happened a couple years ago with the banking crisis but simply taking a look at the situation in the us is looking around about sixteen trillion dollars i said well you know this is pretty unsustainable you something needs to be done about this and you need something needs to be done fairly soon as we're all otherwise you know it runs the risk of a severe credit downgrade and losing that coveted aaa status if the other ratings agencies and three main other ratings agencies out there all follow suit as well i don't think any of them will be so bold as to go out there and to downgrade the u.s. in less than aaa the moment if they do then you can see you go wider sell off going on the equity markets in the commodity markets as well because this is where the money has gone into certainly from points of easing this is where the money is likely to come out from the royal how much time does the u.s.

government have now to get to grips with its public finances. well of. a year or so why it needs to start tackling its public finances the stand in paul's comments from earlier on say he said roughly right about two years but then if we start to see this the steamroller commuter effect whereby more creative so you start to revise their outlook negatively as well you know have a weakening effect on the u.s. economy anyway so you need to tackle the situation you need to tackle all right what do investors do right now but they move out completely out of stocks. move into gold and commodities very money into the ground what do you do. welcome all diseases that seeing a lot of the easing money flow into anyways if you're buying into commodities you could be buying a very high price already certainly stocks as well. what would be advisable is to look at aging tactics to possibly go long of. assets that.

a lot more safe in the current environment of the wall crude oil is a fantastic one although it has had a very good run black gold is proving to be of some value and could be some store of value going forward as well so our alternative us is other than a producer holding the nickel sees a look elsewhere. look at how the markets are fairing at the moment u.s. markets are down around one the half percent the south of there a right down around two percent gap is down more than three percent after goldman sachs recommending selling shares in the u.s. biggest rising retailer. europe at sea and the dax and the monday on a sharp negative note down two percent banks are suffering a double whammy as rating agency moody's downgraded irish banks to junk status moody's says the remains concerned about government's ability to push through the structure of it so that. russia the markets took a beating to the obvious and my sex shared around four percent of the session

energy companies were down amid retreating while prices in u.s. states overall snap was there three point seven percent at the close meanwhile banking and financial stocks were the main losers were back down more than five percent on the my sex piece of west that's on capital swain's why russia has not reacted so negative. we have a negative event russia tends to react here more than other markets even sometimes when it's not justified. nevertheless this is something which is going to resonate in the market probably for a couple of days until we see what the u.s. political response is going to be in terms of the impact given that russia russia's exposure to trade with the u.s. is very very limited where we are exposed is through commodity prices which are a feeding through you through the actually treats and therefore the dollar of movement will be quite important for the russian economy so for today following the announcement from a some p. we've seen some reaction of the weakness but not significant. turmoil

prices up also down amid news on the u.s. economy brant is trading around on twenty one dollars per barrel light sweet just under one hundred and seven dollars price of gold however is attracting a lot of investment prices up point six percent to fourteen hundred ninety six dollars per troy ounce mounting inflation around the globe and concerns about u.s. debt approaching investors to look for something that's value and silver is seeing a new high levels in more than three decades. and we will be back around fifty five in the time with one final update of the business news here gosh. the.

we'll. bring you the latest in science conflict guns from the realm plus. we've done the future of coverage.

in the marshes would be so much bryson if you knew about some of them from phones to freshen some. of. these for instance our teeth don't come. the end. goal.