on the. video on demand. mission street. russian media sleepy and confident prepares to host it off he's in voice but the rebels failed to turn up or down as suggesting they're too close to some stage not interested in peace. deadly financial dominoes for the new spain looks like the next possible victim of the euro crisis after portugal's massive bailout package is unanimously agreed. and china's ambitious plans to put its own station in orbit causes concern of a new arms race in space as most of the funding comes from the military. and in business sources close to the talks with b.p.

rosneft and. announced saying that rosneft has pulled out of the deal though we have no official announcement as yet to bring the full story in business in around twenty minutes time. it is eleven am of the russian capital you're watching r.t. was nearing a joshua welcome to the program moscow will host talks with and roy's of entrenched libyan leader moammar gadhafi later on tuesday with an offer to broker a cease fire in the country representatives of the rebel group from benghazi were also due in the russian capital on wednesday for a separate meeting but that visit was postponed for what's described as technical reasons are just caterina's arba has more or she has always explained its position on the ongoing conflict in libya very carefully and clearly it's always been against the violence it's always. in against the coalition intervention lot of

course by the united states and several european members of the north atlantic treaty organization it's called for an immediate cease fire and frequently and repeatedly asked both sides both participants of the conflict to lay down their arms and sit down to a negotiating table in an attempt to find a peaceful resolution to the ongoing and very bloody conflict in libya russia has now stepped up the offer to become a mediator in the process of negotiations the russian foreign minister sergei lavrov saying that russia does believe it could be effective in bringing about some sort of a resolution. russia 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 into the cease fire and beginning dialogue and reaching a national reconciliation to further that effect the russian foreign minister will

be meeting with representatives from the duffys government in moscow at hopefully attempting to enforce once again the necessity of this an immediate cease fire and an end to the conflict an ongoing conflict in libya we know that representatives of the rebel government were also supposed to be present in moscow that visit is not going to happen now and according to my colleague and they check out in washington there are some clear cut reasons for why the rebel government might not be interested in a cease fire washington's perfect many lead here not more djibril the leader of libya's transitional national council leave than study in the u.s. for years and on his latest visit to washington he didn't fail to show how devoted he is to american values we. really believe and we really aspired that our message will get across to the american public that we are really here to join

hands to build a democratic could be in the libyan soil and washington they join hands with those seeking to replace gadhafi and take over power in libya to help prop them up the u.s. pledged to funnel billions of dollars of productive sproles and assets to the transitional council i am currently drafting legislation at the request of the state department and the administration that will authorize the transfer of available cash assets to the council but the support from washington comes not only in money and tomahawk missiles but also in military command one of the commanders of the levy unravel r.t. is gen calif i have heard a long time khadafi to factor he leave didn't lushington suburb for the last twenty years before he took off to leave here in march this year to command the rebel forces calif i have her leave just minutes away from cia headquarters although any intelligence connections have never been officially confirmed at the moment we have

cia operatives all over eastern syria and i can cia agents already there even before obama recognize it and who has going for it or eastern libya along with working alongside french intelligence and british s.e.'s as well they are manipulating the agenda of this transitional council some analysts say the u.s. is using the turmoil in libya to propel to power people who would be loyal to their interests if having been there for forty years plus had a will of his own so he had a significant degree of independence and he had his own policies you look at this collection of jew grill joe yunus and if there are these people are foreign agents they are nato stooges there they are completely controlled and they will never be able to assert. kind of independent autonomous. property regime and that 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 based popular discontent in egypt hosni mubarak had been extensively supported by the us the decades despite the mess the 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 and u.s. and its allies will go into the stablish 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 will reject that regime the american policy makers to 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 libyan civil war washington 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 take our reporting from washington r.t. on the ground in libya nato airstrike cause fires at a security services building and a headquarters of the country's anti-corruption agency officials claim the coalition was trying to destroy files linked to corruption cases against the rebel leadership but two buildings are close to the residence of leader moammar gadhafi which has been a constantly hit by nato bombings british investigative journalist tony gosling says it's not often who should be targeted but it's the alliance itself. nato has shown in other campaigns around the world but it starts off with this sort of pretense that they want to have a sure. sharp war i want it it happens is it turns into a long protracted. war where actually who doesn't want out of this the military

industrial complex these massive military companies who are supplying all this weaponry to nato or the people who do best out of it i mean fact both sides. military congress from both sides do well so i think that i don't think that the nato side really want to make this a sure thing at all they actually would like a long protracted conflict and they would like ultimately to take control of libya's oil and libya's finances which is what this is all about 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. still to come on the program china's space time to. the chinese hoping to land a man on the moon by twenty twenty five and a man on mars by twenty forty. by answering these ambitions is the country's army causing some to wonder if star wars take two is approaching. and find

itself a far away from home away from home rather a fisherman in southern russia reels in a dangerous catch. finance ministers unanimously back to a one hundred ten billion dollars package for deficit in portugal the ministers are also to discuss extending loans to greece which despite already receiving a one hundred fifty five billion dollar bailout is now better shape there is growing concern that spain lot of europe's biggest economies might sue niederer financial lifeline of its own party's daniel bushell as the latest. and 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 the one dutch m.p. here told me it's really not the the job of the prudent states in the european

union to be risk giving those countries which have been more ridiculous for example portugal now the i.m.f. the international monetary fund is supposed to be called a meeting this rescue package is also supposed to stamp out 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 turmel there as well greece is a country that's already received a bailout but it's already asking me 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 bail out 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 four critically ill economies of the european union and then as the pigs

portugal ireland greece and spain and by far the biggest economy and therefore of the biggest concern is spain is really growing concern over the economic situation there we've got horrible statistics local most 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 the forward to lead a because country as spain go by the wayside and fall as well. and i'll show reporting there and back was to study cars aren't going to preserve an already flawed euro that's according to rules and there is a minister at the european parliament from portugal. oh so that's a right i could use on google says a year ago susie's secure a crisis starts it's the original sea of ease with the architectural weakness is that the euro itself he said incomplete experiments the other one says that we can you know force our way out of this through austerity and that we can service our

debts through. budgets but i think that ultimately will carry the response is that is reality despite the security unsustainable so it will break the back of the camel sooner or later and you know it'll be sooner about the european governments especially for us and germany is once recognize that reality the us 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 that i math war and washington it urgently needed to deal with its national debt congress is now to go shooting with a winehouse to see what america can borrow investment banker rochdale she told r.t. the country doesn't have leaders brave enough to tackle america's crisis well what all this will amount to is eventually the death of the dollar you know within

a space and have a revenue problem we have a real spending problem you know the doctor 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 in treasury actions and 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 are the leader of a company whose trick is common it's just about every quarter we 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 and you know we're broke i mean i didn't know when it has already been raised ten times over the past fifteen years and meanwhile the national debt has tripled and it's. clear that these politicians have no real intention of knowing the real fundamental issue at hand and that is were overspent and were over leverage here as a nation and it's clear that they have no intention of paying this bag without monetizing you know from company x. x. cons of the tax evader himself to me e.g. you know we don't have a real leader out there was really did really ready to talk about the real issues

at hand here. well the u.s. dollar has surged recently sparking speculation over what's causing it and as always our teams mess kaiser has his own take on the situation so for all the latest from wall street and around the world with kaiser report coming your way in less than twenty minutes time. well the dollar enjoying a bit of a balance recently tied exactly to the moment when been logged spyplane call stance a bully pakistan. violence film little love and american state sanctioned terrorism blood guts pentagon armed military conflict the military industrial complex i.e. you are you do it's a huge platter of pressed that we've seen which is the basis for the rally in the dollar there's no jobs there there's no manufacturing there the only thing backing the dollar this friggin states terrorist act that's what the poll is all about.

right now let's take a look at some other stories from around the world. the international monetary fund remains in custody in a new york jail after being refused a one million dollar bail dominic strauss kahn pleaded not guilty to raping a hotel maid but the judge said he was a flight risk the sixty two year old who was arrested on saturday was used as a favorite for france presidential elections and twenty well he has played a crucial role in organizing rescue packages for use troubled colonies. pakistan will return the degree of the unmanned helicopter which went down during the raid on osama bin laden's compound the chopper is thought to have it was a secret stealth technology and the american seal team tried to destroy it some parts were later gathered by pakistani troops. well and there are the glass that

are cape canaveral yesterday has successfully reached the orbit starting years sixteen day mission that will reach the international space station on wednesday delivering a two billion us dollars cosmic ray detector that scientists help will help of the star of the origin of the universe the flight was initially scheduled in april but was postponed due to problems power unit there says about it and it's there in your all shuttle 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 that sixty time construction will go on the seven times lighter than the international space station it all goes to plan 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 two

rifle the international space station and while some see chinese advances in space travel as a potential for it officials here are keen to stress the spirit of cooperation they say is behind china's space program. we're looking forward to cooperate with other countries in the field of space exploration and we're also looking forward to having more countries doing this so we can promote the common goals of mankind. for the moment though china's space program is doing very well on its own since becoming only the third country in the world to send a man into space in two thousand and three the chinese also carried out the 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 and i'm vicious timetable by anyone's standards. however it's the 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 satellites using a ballistic missile back in two thousand and seven some are now talking of the potential for a new space arms race. janus is developing a good space program like any other superpower this technology is the most advanced and mostly used during peacetime but if needed some technologies could also be used during wartime and there is nothing strange about those 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 its twenty knots china's astronauts several european countries are expressing interest in using any future space station for research and aging

says but it's currently working with russia on its mission to push them out on mars and remote an r.t. aging. europe is another space power with growing ambitions the spyder economic crisis the kind of aims to increase its missions to orbit and beyond are tough so the european space agency that's our wonderful collection reflect where we have worked. on planet earth. and this is a priority of the new book manned spaceflight is little thought but it's not only do but it's an important part of space because that's hundreds are the best combustible space on planet earth and the whole prism of the future or for or of the world we are working together there is no more nationally on bob's play station . all that's coming up next hour before we have

to business outlook at a rather unusual catch a russian fisherman got an unexpected taste of the amazon when he hooked her rania to this surprise was a long way from home and started was probably raised in a nearby aquarium before finding its way into strange waters because catch of the day was lucky because it was kept as a trophy and not turned into fish soup locals say letting the potentially vicious specimen into the river is nothing short of hooliganism but haven't yet put up signs warning where pariahs. well time now for business of date with katrina save us. hello welcome to our seas business bulletin for this hour in a new twist a baby struggle for the russian arctic sources say rosneft is dropping out of the deal with a british oil major as

a participant and i will define an acceptable solution of babies on the russian ai i'm joined now by i think the danger details hello dimitri only a rosneft extended the deadline for the deal in order to push it through and now it's reportedly quitting smoking you things happening here. well it seems that there just isn't a report released by the interfax news agency which is posing a source close to roll snap throw snapped is pulling out of its deal with the british petroleum on the expiration of the opposite shelf and apparently this is because t m k p p the russian call doesn't seem to be the russian bridge joint venture have imposed very unacceptable conditions as the source says and this is forcing the company to drop out of the deal while quote it was taking a constructive position all this side evidence of this was the agreement to extend the deal timeframe we know that it was extended by one month but apparently the russian oil giant has decided not to go ahead with extending the deadline anymore

so now rosneft according to the source code to buy an xbox is ready to consider other companies to explore the arctic shelf wasn't doing so before me while there's a press release which has just been released by a british charity by b.p. and its russian partners out access renault but saying that they will incense apply their efforts to ensure the success of their operations in russia and they will continue the dialogue with the wall snapped in order to i guess to salvage the deal still because we still don't have an official statement from both snapped about dropping out of the deal this is still a report. well he's putting a source close to become pretty. well will be very interesting to see how this pans out thanks so much for that report. let's take a look at the markets now all prizes are mixed this hour as pressure continues are the concerns of greece's debt crisis group of european growth and it's time to take a look at how the stock markets are performing in asia the markets are mixed this

hour in hong kong the stocks are under pressure following the losses on wall street as well as concerns about european debt problems property developers and some banks are lower with heavy weight h.s.b.c. down around a percent energy producers have extended losses are weaker crude prices in japan the nikkei is flat to positive tokyo electric power is a losing its losing more than eleven percent on concerns over compensation parents after the recent disaster in tepco own fukushima daiichi plant and here in my own russia the markets opened in the lead with both the r.t.s. and the my six down around point three of a percent is our let's have a look at the individual share moves now in the my six poly metal is up more than three percent this our precious metal miners are on the rise as both prices reserves reserve their losses reversed i'm sorry bill losses meanwhile shares of rosneft n t k t n k b p are in the red amid the controversial news surrounding the

further development of the arctic exploration deal. russia's equity markets have seen significant falls in the past few weeks but. capital does believe that a rebound is on the cards once the shift back to less risky assets diminishes eventually there will be bars cracker in particular sweet you know looking at a cardboard post and hundred ten dollars per barrel where the most is right where it was the same level of promotion or the world was eighty dollars so you know there's some kind of level that we need to talk about when it comes at all price but i think rather than looking at the world price right now people are looking at global factors i do expect us to. the volatility over the next coming weeks and i think the trend will be on the downside maybe for another week and then of course reaching the summer months for everything that happened we've had very active summers of a very sort of summers who talk a lot 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 developed markets we saw that

a couple of months ago as well. as we have risk aversion on the rise of think it's very easy to make the argument more liquid and more sort of what is perceived as less risk risk in markets. russia's power generators are struggling to attract investments promised to the sector in a mess of privatization program in two thousand and eight one hasn't grown quite as expected and the state keeps curbing price growth the country's third richest many hailed proper of was reported to be yet another investor looking to get out of the sector his annexing group the heart of the generator t g k four before the crisis it was worth almost one billion dollars the stake is now worth less than half that but proper of says he is not planning to sell just yet. the last couple years this company is always true to as you can that's meant we have a program to pull drop all it's good to lose the twenty if you've seen a lot of companies come to us and say they want to buy some c.

they want to swap shares we're not rejecting anybody in their investment program my belief or interest me for all shareholders but we don't have any concrete officer now. well that brings you up to thank the business that is out we'll have more for you just under an hour's time stay with us now. for the full summit we've got it firsthand the biggest issues get the human voice

face to face with the news makers. wealthy british saw a sign. that's not on the title. market finance come to. find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into cars a report on our. good didn't start all of a sudden. it's a long story of destroying the living under how much ox. there are constantly or spill something leaks down here and when they get done like that it's just there if you took every fisherman out of the water and he knew something about that word

in the habitat protecting the habitat the fisheries it's going to collapse nature's steps back making ways. are the talks of does or does he look around examining say all in all the solar system obviously everybody here must be well off incomes and road systems great number that's true. and yet billions of dollars oil and gas stay. real baby drill. one names from there to cross insult and one of my most treasured will consider potential areas for development in south atlantic and the gulf of mexico.

they want to order. here this street still keeps its eclipse the balance times and reveal that the soviet files on oxy.