now. russia plays a mediator for the libyan conflict and prepares to host a get off season voiced by the rebels representatives failed to turn up with someone our analysts say there are too close to america. deadly financial dominoes for the e.u. spain looks like the next possible victim of the euro crisis after portugal's massive bailout package was unanimously agreed. and china's ambitious plans to put its own station in orbit causes concern of a new arms race in space as opposed to the funding comes from the military.

it is eight am in the russian capital you're watching r t with me arena josh welcome to the program moscow will host talks with and voice of embattled levy and leader muammar gaddafi later on tuesday with an offer to broker a cease fire in the country representatives of the rebel group from benghazi were also doing the russian capital on wednesday for a separate meeting but that visit was postponed for what's described as technical reasons but what's up cross to our correspondent in his arms got all the details for us good morning to you katrina so the levy and government is putting its hopes on russia as a mediator so it seems. indeed very as the russian foreign minister sergei lavrov announced previously and repeated once again yesterday. she is ready to step up in

the role of a mediator in order to bring the libyan conflict to a peaceful resolution russia of course always of being against the bloodshed that is ongoing and libya against the intervention of the coalition forces led of course by the united states and several european nato member states russia of course of very much against that intervention always calling for a peaceful resolution to the conflict always saying that the bloodshed must stop immediately and the libyan government and representatives of the so-called rebel governments need to sit down as soon as possible to the negotiating table and work out a peaceful resolution to a conflict that has been going on for over a month and is still very bloody and very violent of course russia is ready to become a mediator and we do know that several representatives of the general gadhafi government are arriving in moscow in order to hold talks with members of the russian

government and hopefully search for a way to bring this conflict to a peaceful end. it is ready to maintain dialogue with anyone who is very interested in the quickest ends to the bloodshed in libya and switching to political negotiations we support the african union initiatives aimed at a ceasefire and beginning dialogue and reaching a national reconciliation. of course this is a going to be a key task but the first step is indeed talking to both as a representative parties of the adelphi government and of the rebel government and said get off rough and various other russian government ministers and officials will be doing just that with the arrival of a delegation from a general the dolphins government expected in moscow very soon but there's been a visit of libya's rebel leaders to moscow has arrived but moscow hopes the talks with the rebels will take place in the foreseeable future. no talk about russia's

position towards opposition forces in libya. the russians so far not recognize the so-called rebel government as a legitimate one despite the fact that many countries have already done so we know that the united states have recognized the rebel government as legitimate several other european states of course. as well as those who participated in the so-called intervention in libya russia has so far not recognized the government as legitimate but of course is willing to hold discussions with representatives of the rebel government to try and mediate the conflict and bring it to a peaceful resolution like all the guy next can look at how exactly the rebels are working to make sure that they their side of the story is heard around the world. she joins with perfect man you leave your mark or djibril the leader of libya's transitional national council we've been studying in the u.s.

for years and on his latest visit to washington he didn't fail can show how devoted he is to american values we. really believe and we really aspire to that our message will get across to the american public that we are really here to join hands to build a democratic a dream in the libyan soil and washington they join hands with those seeking to replace khadafi in power in libya to help prop them up the u.s. pledged to funnel billions of dollars of could not be frozen assets to the transitional council i am currently drafting legislation at the request of the state department and the administration there will authorize the trails for available cash. to the council but the support in washington comes not only in money and tomahawk missiles but also in military command one of the commanders of the levy and rebel army is general caliber have her own. long time khadafi to

factor he leave didn't washington suburb for the last twenty years before he took off to leave in march this year to command the rebel forces calif i have to leave just minutes away from cia headquarters although any intelligence connections have never been officially confirmed at the moment we have cia operatives over eastern syria and i can cia agents already there even before obama recognized and has made for it used in libya along working alongside french intelligence and british s.e.'s as well they are many people late in the agenda of this transitional council some analysts say the us is using the turmoil in libya to propel to power people who would be loyal to their interests daffy having been there for forty years plus had a will of his own so he had a significant degree of independence in ears on policies you look at this collection of jabril job. and if there are these people are foreign

agents there are nato stooges there they are completely controlled and they will never be able to assert any kind of independent autonomous in libya the risks of the proper regime this will degenerate into chaos right now the rebels can only exist with complete nato support and number of leaders who were propped up by washington have faced popular discontent in egypt hosni mubarak had been extensively supported by the u.s. but that kate despite the mess they disapproval of his policies yemen has seen violent protests over the rule of its president who many believe has managed to hold on to power only things to u.s. support and the government of hamid karzai in afghanistan has been struggling with public discontent for years the u.s. and its allies will go into the style of some sort of a regime that we approve of but the process is not going to be a democratic one and in the long run the odds are overwhelming that the libyan

people. rejects the regime the american policy makers who talk about this kind of thing are not themselves deluded they know perfectly well what they're doing they know it's not going to work in the long run but they have other reasons for wanting to have short term gains having clearly taken sides in the lead in civil war boston is now seeking to forge strong ties with whoever might come to power there but analysts say such an overwhelming support financial military and political never comes without strings attached i'm going to check our reporting from washington r.t. . they have britain's armed forces insists that killing colonel gadhafi would be was then the rules as nato appears to readied self for a long war and that's a good journalist tony gasland says it's the alliance that should be brought to justice not leave your leader. this is a political decision it should never be a military decision i think the reason that the military chief has announced it is really to save the face of our politicians here in britain who are pushing and

pushing this whole matter way beyond what was agreed at the united nations security council. is a serious serious problem and this is why the russians and others are saying there must be a ceasefire why is it we have to ask ourselves the british and nato particularly you know this is a nato initiative decided they want to intervene so heavily in the civil war rather than let the libyan people decide for themselves the outcome of how they want the politics in their country to be in the future this is considered a war crime under the present situation and goes way out so at the present u.n. resolution we don't see colonel gadhafi going into foreign countries invading them bombing them attacking them we don't see these long protracted wars carried out by colonel gadhafi i think he's the least of our problems and we should see tony blair and george bush in the dock at the international criminal court. well still to come in the program here on our china's space timetable. the chinese hoping to land

a twenty twenty four. point twenty four so you. can see these invasions as a country's army causing some to wonder if star wars day to day is approaching. before that even finance ministers unanimously backed a one hundred ten billion dollar bailout package for get stricken portugal the ministers are also to discuss extending loans to greece which despite already receiving a one hundred fifty five billion dollar bailout as a no better shape and there's growing concern that spain lot of europe's biggest economies might soon need a financial lifeline of its own our tuesday bushell has the latest. the eurozone is in serious trouble there's a storm of controversy already growing over the seventy eight billion euro rescue package for portugal which has just been agreed by the finance ministers of the european union here in brussels several states have already come out and openly criticized finland being among them one dutch m.p.

here told me it's really not the job of the prudent states in the european union to be risky in those countries which have been more ridiculous for example portugal now the i.m.f. the international monetary fund is supposed to be coordinating this rescue package it's also supposed to stump up a third of that cash but its head dominique strauss kahn has just been arrested on sexual assault charges in new york so there's turmoil there as well greece is a country that's already received the bailouts but it's already asking saying it means more cash now we're clear how taxpayers across the rest of the e.u. will react this time of economic difficulty to having to bailout those countries and the belgian foreign minister here the belgian finance minister has said that he really wants to see greece sorting out its problems first before it gets more money now the full critically ill economies of the european union and known as the pigs

portugal ireland greece and spain and by far the biggest economy and therefore of the biggest concern is spleen we've seen our correspondent in madrid saying that there is really great a growing concern over the economic situation there we've got horrible statistics like almost one in two young people in spain or out of work the question is being too big to fail that may be a saving grace that the euro zone countries simply called forward to let a big country as spain go by the wayside fall as well. and radcliffe disparity cuts aren't going to preserve an already flawed hero that's according to a to virus a minister of the european parliament from portugal. also got the writing is on the rule says a year ago says the seer a crisis starts as the original scene ease with the potential weaknesses of the euro that the euro itself he said in

a wheat experiment the other one says that we can you know fortune our way out of this through austerity and that we can service our debts through somewhat scared syrian government budgets but i think that ultimately will carry the response is that is reality and this is purely and sustainable so it will break the back of the camels sooner or later and you don't need to be sooner that the european governments especially france and germany is once record as that's reality. the u.s. has reached its debt ceiling of fourteen point three trillion dollars and is now making emergency cuts to avoid defaulting the government is likely to take loans from two pension funds to help keep it afloat for a few more weeks earlier this year the i.m.f. warned washington it urgently needed to deal with its national debt congress is now negotiating with the white house to see what america can borel investment banker told r.t. the country doesn't have leaders brave enough to tackle america's crisis. what all

of this will amount to is eventually the death of the dollar you know whether you know the space and have a revenue problem we have a real spending problem you know dr mark probert said you know we're really in the end game here you know unless we really start to rebalance ourselves there won't be anyone to show up at treasury auctions three quarters of all the treasury our issues are now being purchased by member nanki i mean this isn't by the way style economics pretty soon if we don't get this issue in order no one is going to be showing up i mean what kind of message are we really sending out to our creditors here i mean if you were the leader of a company whose tributes covenants just about every quarter i mean do you think your creditors are shareholders will continue to finance your business i mean what this will amount to is a decrease in standard of living if we don't raise the debt ceiling but that's reality you know we're broke i mean not that no woman has already been raised ten times over the past fifteen years meanwhile the national debt is triple you know it's clear that these politicians have no real intention of going to the real fundamental issue at hand and that's we're all going to spend and we're over leverage here as a nation and it's clear that they have no intention of paying this without

monetizing you know from sex crimes of the tax evader himself to me gee you know we don't have a real leader out there was really really ready to talk about the real issues at hand here as the u.s. and china ramp up pressure on each other over currency manipulation artie's mass keyser has his own take on the situation follow the latest scandals from wall street that's in kaiser report later today. obviously this is the tell the legs the dog or vice versa you can't really say china is the currency manipulator of their pegging to the dollar which is being manipulated but it's the world reserve currency so they say well it can't be possibly manipulated because they live in a snow globe of denial they're in a world with a three hundred sixty degrees of fraud they don't see that their currency manipulator. house take a look at some other stories from around the world and they had of the international monetary fund's remains in custody in a new york jail after being refused

a one million dollar bail dominic strauss kahn pleaded not guilty to raping hotel maid but the judge said he was a flight risk the sixty two year old who was arrested on saturday was viewed as favorite for france's presidential elections and twenty twelve and he has played a crucial role in organizing rescue packages for use troubled economy. shall endeavor blasted off from cape canaveral for the last time on a sixteen day mission it will reach the international space station on wednesday delivering a two billion us dollars cosmic ray detector that scientists hope will help them discover a view origin of the universe the fight was initially scheduled on april but. was postponed due to problems in a power unit nasa is about to and its thirty year old travel program and its last project shuttle atlantis is expected to launch in july. just as the u.s. comes back on its space program china has announced plans to put its own space station

in orbit the sixty ton construction will be almost seven times the lighter than the international space station it's all goes to plan with a focus on experiments in space however the involvement of the chinese military is causing some concern. paging space city opening its doors to the media as china announces its intention to build its own space station by twenty twenty to rival the international space station and while some see chinese advances in space travel as a potential threat officials here are keen to stress the spirit of cooperation they say is behind china's space program don and lloyd's on will on the we're looking forward to cooperate and with other countries in the field of space exploration and we're also looking forward to having more countries join us so we can promote a common goal of mankind hunger sleep for the moment though china's space program is doing very well on its own since becoming only the first country in the world to

send a man into space in two thousand and three the chinese also carried out a space walk in two thousand and eight and the country isn't going to stop. trying as extraterrestrial ambitions go far beyond the launching of the space station the chinese hoping to land a man on the moon by twenty twenty five and a man on mars by twenty forty an ambitious timetable by anyone's standards. however it's a very speed and nature of china's space program that has some including the u.s. worried most of the tens of billions of dollars that the chinese have spent on these projects has come from the country's military budgets and with china's downing of a damaged weather satellite using a ballistic missile back in two thousand and seven some are now talking of the potential for a new space arms race. to join it is developing its space program like any other superpower all the technologies being developed come with dual use civilian and

military these are the most advanced of technologies and they are mostly used during peacetime but if needed some technologies could also be used during war times and there is nothing strange about this that the chinese officials deny the country's manned space program has any military uses. and instead prefer to emphasize the spirit of peace and partnership that acts as a driving force for it's taken all its chinas astronauts several european countries are expressing interest in using any future space station for research. says that it's currently working with russia and its mission to put on models and remorse and aging. all europe is another space power with growing ambitions despite economic crisis the continent aims to enhance its presence in orbit and beyond r.t. talks to the european space agency chief later this hour. when you think we can actually fly to mars we have worked. on planet earth.

with the us and this is a priority of the paey do but months has flown but. we do but it's an important part of space because our standards are the first bus adorable of space on planet earth and the whole prism of or of the world we are working together there is no more mission that the on board the space station. a russian fisherman god and unexpected taste of the amazon one he hoped app irania to the surprise was a long way from home it started was probably raised an earlier by aquarium before finding its way into strange waters where this couch today was lucky because it was kept as a trophy and not turned into fish so a local say letting their potentially vicious run into the river is nothing short of a whole organism but haven't yet put up any signs warning where pariahs. well

breeze up here on r t and katrina hobbs is here with us with the latest business news. hello welcome to our news business for this hour b.p. and rosneft have reportedly made a mess of a last ditch effort to save this high up there are mostly science a source saying that they've offered more than thirty billion dollars to buy out russian partner a are from t. and k b p nine billion of the some will be paid with b.p. shares they are have rejected early offers none of which exceeded twenty eight billion dollars they are strongly objected to the time between b.p. and rosneft saying it breaks and shareholder agreement with the british oil major it won several calls injunctions to block the deal the deadline for b.p. rosneft share swap expired at midnight midnight u.k. last u.k.

time last night but analysts believe the tot will finally get the green light now let's take a look at the markets we'll drop for a second day over concern that greece's debt crisis will curb european growth like three days trading at around ninety seven dollars a barrel range is around one hundred ten dollars a barrel. it's time to look at how the stock markets are performing asian and shares are trading in the red this tuesday in hong kong the stocks are under pressure following the losses on wall street and concerns about european debt problems property developers and some banks are lowered with heavy weight is b.c. down more than half a percent energy producers are extended losses are we could crude in japan tokyo electric power is losing more than ten percent on concerns over compensation payouts after the recent disaster in tepco the sheema daschle plant and here in russia the markets finished monday's trading session lower the myself and my six

loss maybe point six of a percent the outyears ended up over a percent in the red. and russia's equity markets have seen significant falls in the past few weeks but piece of the western eighteen capital does believe a rebound is on the cards once the shift back to less risky assets diminishes. eventually there will be a bounce back in particular looking at the kind of oil prices and two hundred ten dollars per barrel where the my sense is right now where it was the same level a couple of months ago the above was eighty dollars so you know there's some kind of level of the need to talk about when it comes to the oil price but i think rather than looking at the world president now people are looking at global factors i do expect us to see volatility over the next coming weeks and i think the trend will be on the downside maybe for another week. in the summer months when you know anything can happen we have very active summers of a very sort of some of the talk of love when it comes to correct which is i think in terms of the emerging market universe what is interesting right now is that there is a shift back towards the public market was sort of

a couple of months ago as well and as we have risk aversion on the rise of think it's very easy to make the argument in more liquid more sort of what is perceived as less risky risky markets. russia's power generators are struggling to attract investments promised to the sector in a massive privatization program in two thousand and eight the man hasn't quite grown as expected and the state it's having price where it's the country's third richest man mchale was reported to be yet another invest that looking to get out of the sector his next some great what over half of generates a t g k four before the crisis for almost one billion dollars the stake is now worth less than half of that paragraph says he's not planning to sell just yet. the last couple of years for that he will lose company is always tricky as you can lessen and we have a program to drop all its good solution by twenty two teen a lot of companies come to us and so you they want to buy in some say they want to

swap shares we're not rejecting anybody their investment program might be more interesting for all shareholders but we don't have any concrete officer now. and that's the latest business for this hour i'll have more for you in just under an hour's time to see that. long.

some. place. it. took a walk up thirty. six this street still can see clips of

alan's time from the field listening to the soviet files and. didn't start all of a sudden. it's a long story of destroying the living under homage shots. there are constant. something. out here let me get it done like that it's just if you took every fisherman out of the water and he tell you something about that water. that habitat protect you can't attack the fisheries. it's going to collapse nature's steps

making way for the talks a culture. museum and say look at all the solar it's obviously everybody here must be well off income it's the road systems great number that's true. and yet billions of dollars oil and gas state. real baby drill. money. from there to cross himself in one of my most treasured consider potential areas for development in south atlantic and the gulf of mexico. plenty.

more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. trying to look for a shelter the day plug. plug will. bring you the latest in science and technology from around the russian. we've got the future covered. plenty.