feel. the soviet files on. russia steps in to try and mediate a levy in conflict moscow prepares to host colonel gadhafi is and always but gravel representatives failed to turn up citing only technical reasons. doozie dominoes for the e.u. spain looks like the next possible victim of the euro crisis half a portugal's massive bailout package is unanimously agreed. moscow's have all lacked or police catch accountable red handed by following the trail of human body parts and that word in sweden to use home. and china is ready to spice up a space race making public an ambitious plan to launch its own orbital station to

rival the i sassed. b.p. and rosneft. b.p. and rosneft historic exploration deal. we'll bring you the full details in business in twenty minutes time. fortunately coming to live from moscow i'm marina josh welcome to the program moscow will host talks with and voice 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 has been postponed for what's described only as technical reasons artie's concertinas are a has more forces always explained its position on the ongoing conflict in libya very. carefully and clearly it's always been against violence it's always been

against the coalition intervention let 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 and to the bloodshed in libya and switching to political negotiations we support the african union initiatives aimed at

a cease fire and beginning dialogue and reaching a national reconciliation to further that effect the russian foreign minister will be meeting with representatives from duffy's government in moscow at hopefully attempting to enforce once again the necessity for us an immediate cease fire and an end to the conflict ongoing conflict in libya we know that representatives from 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 then 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 manually via mahmoud jibril the leader of libya's transitional national council leapt unstudied 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. want to. yes it will get across to the american public that we are really here to join

hands to build a democratic a dream and the libyan soil and washington they join hands with those seeking to replace gadhafi in take over power in libya to help prop them up the u.s. pledged to funnel billions of dollars of could up is frozen assets to the transitional council i am currently drafting legislation at the request of the state department and the administration there will. be trials for 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 leading rebel army is gen calif i have heard a long time khadafi to factory he leaves in a launching pad suburb for the last twenty years 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 all are there even before or going to recognize that and for in small use and maybe have a long working alongside french intelligence and breeches s.e.'s as well they are men you collate in 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 you look at this collection of jew grill judge. and if there are these people are foreign agents there and nato stooges there they are completely controlled and they will never be able to assert any kind of independent autonomous in libya with the risks of the proper regime of but this will degenerate into chaos and number of leaders who were part helped by washington have faced popular discontent in egypt hosni mubarak had been extensively supported by the u.s. for decades despite the mask of disapproval of his paw. yemen has seen violent

protests over the rule of its president who many believe has managed to hold onto power only things to u.s. support and the government of hamid karzai in afghanistan has been struggling with probably discontent for years the u.s. and its allies will go into the store which 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 gene having clearly taken sides in the libyan civil war boston is now seeking to forge strong ties with wherever my country 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 our team on the ground only be a nato airstrike cause fires out the security services building out the headquarters of the country's anti-corruption agency officials claim the coalition was trying to destroy files led to corruption cases against the rebel leadership

the two buildings are close to the residence of revealing your market which has been constantly here finding your bombs british investigative journalist tony gasland says it's not good our who should be targeted by these winds it's our. nato as shown in other campaigns around the world but it starts off with this sort of pretense that they want to have a sure shot war and what it happens is it turns into a long protracted. war where actually who does want out of this the military industrial complex these massive military companies who are supplying all this weaponry tonight oh they're the people who do best out of any franks both sides. military congress from both sides do well so i think that i don't think that the nato side really wants to make this a short thing at all they actually would like a long protracted conflict and they would like ultimately to take control over 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. george bush in the dog of the international criminal court watching r.t. and still to come on the program a space timetable. trying he's hoping to land twenty twenty five miles or twenty forty. china joins the space race without him plan and looks ready to offer some stiff competition to the other superpowers. the finance minister of unanimously backed a one hundred ten billion dollar bailout package for desperate 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 a no better shape and there's growing concern that spain one of europe's biggest economies might sue niederer financial lifeline of its own arteries daniel 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 restoring 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 is 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 a bailout but it's already asking saying it needs 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 fall 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 spain is really growing concern over the economic situation there we've got horrible statistics local noise than one in two young people in spain are out of work the question is being too big to feel that maybe it's saving grace that the euro zone countries simply called the forward to let a big country as spain go by the wayside and fall as well. tell bushell there and iraklis is there any cuts are going to preserve an already flawed euro that's

according to your oh it's a virus a member of the european parliament from portugal but also got to write the news on the rule says the euro susi secure aggressive start it's the regional see these huge the architectural weaknesses of the euro that the euro itself he said in the experiment the other one says that we can you know forge our way out of these schools thirty three good service out of their. budgets but i think ultimately will carry the response is that is reality this is purely unsustainable so it will break the back of the camel sooner or later and you know literally sooner that the european governments specially france and germany is once recognized not 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 borro banker rajdhani 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 whether you know the space doesn't have a revenue problem you know we have a real spending problem you know as dr mark probert said you know we're really in the end game here and unless we really start to rebalance ourselves there won't be anyone to show up to treasury options and this is a mob 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 triptans company it's 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'm going to the women has already been raised ten

times over the past fifteen years meanwhile the national debt has tripled and it's clear that these politicians have no real intention of going to the real fundamental issue at hand and that is we're overspent and we're revers here as a nation and it's clear that they have no intention of paying this bag without monetizing you know from dominic sex crimes of the tax evader himself to g.e. you know we don't have a real leader out there was really really ready to talk about the real issues at hand here. the u.s. dollar has surged recently sparking speculation over of what's causing it and as always artie's max kaiser has his own take on the situation follow the latest from wall street and around the world with kaiser report coming your way at g.m.t. . life's about the dollar enjoying a bit of a balance recently exactly the moment when it's been logged spectacle a stance of bully pakistan violence film title of an american

state sanctioned terrorist blood guts pentagon arm military conflict the military industrial complex i.e. you did are you days it's a huge splatter fest that we've seen which is the basis for the rally in the dollar there's no jobs there there's no manufacturing there listening back in the dollar this park in the states tension terrorist attacks that's what the colors are all back east. now on to something different a cannibal has been arrested in moscow just as he was about to deliver his dismembered they are spear all over has already tells of his recent story for us here tell us what you know about this story and specifically how the police managed to track down this. oh around two weeks ago dismembered body parts began to be discovered in the rivers in the moscow region police and forensics officers were

able to use those dismembered body parts of the twenty included a heads and partial hand to determine if they belonged to a minor aged between thirty five and forty now he was later named as it got off and a subsequent following up in questioning or because family members and friends led them to the apartment building just behind me here just a short way really outside of central moscow there they found shelter in a thirty five year old man who admitted to having killed and then eaten. a part of it got off now from the apartment where he was arrested and charged with those crimes police have taken away several pieces of meat that are currently undergoing forensic analysis however it is being reported that at the time of arrest when was about to go to the the liver of his victim no

shelter and has a history of a rest and incarceration and he's also a registered schizophrenia and had been receiving treatment for that he's been he's been taken away and remains in custody a while you'll be mentally assessed to see if he's fit to stand trial for the the gruesome murder and subsequently eating all i say the man aged thirty between thirty five and forty named as he got off. all right peter thanks for bringing us the details on this gruesome story here all over there. now let's take a look at some other stories from around the world at least four people have been injured in a suicide attack in western castle stand a bomber detonated a belt packed with explosives near a security services have quarters in the city. the area has been cordoned off and a manhunt launched to find the masterminds behind the blast it's thought to be the first terrorist attack carried out and down a country with

a little history of extremism. pakistan will return the degree of their man helicopter which went down during a raid on a solid bin laden's compound is thought to have been equipped with secret stealth technology the american seal team tried to destroy but some parts were later gathered by pakistani troops. shuttle endeavor that blasted off from cape canaveral yesterday has successfully reached orbit out of 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 us discover of your age and of the universe of flight was initially scheduled in april but it was only due to problems in a power unit nasa is about to end its thirty year old shuttle program and its last project shuttle atlantis is expected to launch in july. well just as the u.s. cuts 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 lighter than the international space station if all goes to plan to 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 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 then and lloyd's on will one that 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 going to school so we can promote the common goals of mankind i'm going to sleep 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 a space walk in two thousand and eight and the country isn't going to stop. china's 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 ambitious 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 satellite 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 good space program like any other superpower this technology is the most advanced and mostly used during peacetime but if needed some dignities could also be used during.

chinese officials deny the country's manned space program has any military uses several european countries are expressing interest in using any future space station for research and. jim says that it's currently working with russia on its mission to put on miles and remove all three beijing. europe as another space power was growing ambitions despite economic crisis the continent aims to increase its missions to orbit and beyond r.t. talks to the european space agency chief next hour. what do you think we're connection the right to mars we have the work. on planet earth. from the tools. of the pie you're through with month space flight october. but it's an important part of space because us on the road all the

best of space unplug the earth and the whole control of the of the world they are working together there is no more mission that will displace the ship. well moscow court has postponed an appeal hearing launched by deal for oil tycoon. and his business partner until may the twenty fourth they have people dance to gild the second the money laundering trial was set to start tuesday morning but the judge says the court needs more time to study of a larger volume of complaints on the sentencing of hosty the former c.e.o. of oil giant ucas was arrested in autumn two thousand and three and later sentenced to eight years in jail prodded tax evasion. time out for a visit date with country hops. thanks marina hello and welcome to aunty's business bullets and b.p.

and rolls nance share swap and i think it's right deal has collapsed so it is close to rosneft say it will be looking for a new hot to explore the arctic to say it's a shed some more light on the story i'm joined by our team meeting medvedev said to me the deal has folded one out of scientology now oh yes indeed the deal as we know it's between b.p. and all snapped has apparently collapsed but this does not prevent the sides from negotiating on and discussing the future partnership this is what b.p. and its a russian joint venture t n k b p are intended to do according to bit official statements b.p. says it's still looking for some kind of solution it's still looking to cooperate with rosneft to find some kind of satisfactory result a russian joint venture to k.b.p.s. russian partners which have initially blocked the deal between b.p. and ross now i now say certain conditions at which they will agree to actually sell their stake in the company which they've been refusing to do before preventing this

deal from actually happening when it comes to ross yeah it's a bit more complicated here because there hasn't been any official statement from the company but as interfax news agency reports it's causing a source close to roll snap prospectors dropping out of this deal saying that the conditions which were suggested to the company were unacceptable and therefore it's absolutely open to look for new partners in this deal which it hasn't been doing because it was legally bound with b.p. so we're waiting still ford official statement from rolls now but apparently the deal that so we've all been monitoring is is now over and the new deals could be potentially happening. but we look forward to seeing what eighty two new deals could bring to the table thanks. let's take a look at the markets now oil prices are continuing to fall this hour amid concerns greece's debt crisis will curb your team grows into equities japan's nikkei closed

slightly in the back however tokyo electric power lost more than eleven percent on concerns of the compensation payouts after the recent disaster and it's because she made daiichi plant in beauty products and hong kong stock closed down under pressure with property developers and some banks are among the main losers. european stock markets moving lower in early trading on for a week close to wall street and as worries over european sovereign debt remain in focus however vodafone shares rose one point four percent in london after reporting annual revenues above market expectations. and here in russia buys the r.t.s. m m i six continue to trade in the red this hour on the back of all the worldwide market trends now it's like a look at the individual share moves on the mindsets precious metal miners out on the rise as gold prices are first from the losses earlier ali may still is up more than four percent this hour meanwhile shares of rosneft and t.

and k b b are in the red on the news their share swap agreement has collapsed. russia's top steel producers similar stuff has posted a five hundred thirty one million dollars profit in the first polls and above and lists expectations that ever the net loss of seven hundred eighty million dollars during said here in the last year the result was supported by higher prices and weak restructuring of the company's assets. russia's equity markets have seen significant falls in the past few weeks but he too western asian capital does believe that a rebound is on the cards once the shift back to less risky assets diminishes eventually there will be a bounce back in particular so we're going to be looking at a card or person some hundred dollars per barrel where the most is right now where it was at certain level like a month ago there were problems if it was. so you know there's some kind of level that we need to talk about what i consider all pros but i think rather than looking at the world press right 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 for another week and then of course written for summer months when you really think of how we have very active summers of a very sort of some of the talk of love when it comes to correct what is i think in terms of the emerging market universe what is interesting right now is that there is a shift back towards developed market was we saw that a couple of months ago as well. as we have risk aversion on the rise i think it's very easy to make the argument to stay in more liquid or 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 and a massive privatization program in two thousand and eight to man hasn't grown quite as expected and state keeps curbing price growth the country's third richest man hale prokhorov was reported to be yet another investor looking to get out of the sector his are next in bridgeport over half of the generator t g k four before the

crisis for almost one billion dollars the stake is now was less than half that proper off says he's not planning to sell just yet. the last couple years whether he will or this company is all strategic investment we have a program to put drop political solution by twenty team with a lot of companies coming to us and so you they want to buy 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 office for now. that brings you up to date the business for this hour but you can always keep up the date with all of our stories online at our t. dot com forward slash business i'll have more for you in just under an hour's time stay with us.

repairing a broken nation. the way construction and humanitarian aid. buses shady officials pocket the spoils of war it's the people who pay the price. profiteering here is no longer just down to drug trafficking. afghanistan and the cold. outside.

if. the book into it if. it is that. it was a tall order for. the fish this is true still keeps it secrets to denounce times and reveal that in the soviet files and ati some go. hungry for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers. if. need be soon which brightened.