asked the president to meet in madrid it prepares to face hundreds of journalists in his biggest news conference ever since taking office three years ago. revolution and religion the downfall of egypt's presidencies dictatorship replaced with space based violence as muslims and christians lose a common enemy that united them. prices hate americans turn to booming the fans companies for work and one of the few industries still thriving thanks to the u.s. wars abroad. and at the opening bell both the r.t.s. and my six are over the saints in the black with oil about oil prices bouncing back

over to the full business bulletin from around twenty minutes time. eleven am in the russian capital you're watching our team with me read it joshua welcome the very heart of russia's ambitions for a high tech future will host around eight hundred journalists today president has chosen the skolkovo innovation hub as a venue for what is by far his biggest q. and a session since taking office three years ago and he's now is following the final preparations according to the president's press secretary in recent months there's been such a surge in reply i asked for one on one interviews with the president but they just started to gather as many journalists as possible at the scope of a venue and a lot some two and a half to three hours of the president's time that's not something you see very often to answer as many questions as possible also went. terms of the timing let's

not forget that two thousand and eleven eleven of course in six months has been a year of pacts with i developed think of dance around the world japan put the issue of the future of nuclear energy pop on the table certainly we'll hear some statements and questions on that the death of osama bin ladin put terrorism back in the international spotlight although of course russia never left center stage this is an issue that has always been a major fred and a major priority certainly will hear. that issue being touched upon and what's happening in the arab world the spring uprising what's happening in libya on the international stage there's a lot of criticism and not much consensus especially from those countries that aren't taking part in the operation but very much have important voices on the world stage so a lot of issues internationally are going to be touched upon and of course the most pressing russians are mystic issues as well as design you most certainly was not chosen by mistake just to tell you a little bit about the project is

a plan to develop my text town very similar to that of silicon valley right here in russia bringing the best minds the greatest minds of the country together it's somewhat of a jam of dmitri medvedev and it's all part of one of the main priorities of his presidency which is his plan to push forward modernization in the country so it's no mistake that this was chosen it's somewhat of an international project really they're looking for global investors there are international investors we've seen very well known faces speak there before including arnel stuart's neighbor and former secretary of state funded lisa rice so that is why this venue was chosen we're hearing that all eight hundred of the journalists are there so many of them there they will be able to all fit into that hall but they'll be several groups or journalists can all watch what's happening in this press conference and hear what the president has to say now speaking of modernization and the president's main priorities in his three years in office of course one of those. eight hundred

journalists is bound to ask the question of whether to meet your needs we did will run for a second term in office it's something he's hinted as is possible really prime minister putin has as well there's a bit of intrigue surrounding the whole process but let's not forget if there isn't a direct answer to that question which most certainly will come up that it's only in the united states that a year and a half before the actual vote that the campaign begins in most countries including russia of course it only begins just a couple of months before the vote at the same time the analysts next words that we've been speaking to say that meeting with it wouldn't gather so many journalists to say nothing so some kind of big statement is expected we of course are not sure what it is secure never going to be showing a full news conference live here in r.t. it begins at one pm moscow time. or that was an eastern hour of reporting there also becoming the program here on our t.v. standing up to big brother is in danger of foundation some. serious

democracy or a free society sweden faces legal action for refusing to give up the right of its existence speak to each other without being spied on. in cairo muslim and christian leaders have met to try and ease religious tensions that have split over into deadly violence they call the egyptians to unite clashes reportedly started because of an interface marriage considered forbidden by religious you are more than ten people have been killed in both sides and two christian churches burned down since the trouble started christians want more riots and say they are not being protected by the interim government but put in place following the revolution that the post president hosni mubarak are just riffing off the reports out of posting state of ship reality. president mubarak's gone but there is little satisfaction to take a free egypt. street is unified square through

a common enemy barak's resignation. so rejection muslims and christians turn on each other. that we want justice we want equal rights. in institutions in business elites in our media and politics in what for centuries the coptic christian minority has felt discriminated in a country dominated by eighteen million muslims the revolutionary euphoria has brought a desire for change. people have to sit through them and they like it now we are kind of fed up of the situation. tensions in the past month have left dozens killed scores injured and several churches burned as muslim woman and her entire family had been welcome in liberation until her twenty four year old son was killed in the street by a greek thrown during sectarian clashes in baghdad a northern flashpoint as years of syrian religious tension boil over sorrow we now

know barack was a dictator maybe he was corrupt but at least we have been able to sleep and our children were alive we never saw the before we couldn't have even imagine something like this happening yes from this point of view i miss the old regime. but others glorify the january revolution among them the muslim brotherhood went on the mubarak today to the country's only well organized political group with the president gone they moved from jail cells to this luxury building in central cairo the revolution given them a long awaited voice the. radicals are triggering the transitions they saw how the revolution united people and they want to ruin that don't want to see egypt strong and independent but i'm sure they will disappear after the parliamentary elections because numbers. in batteries cairo's poorest districts is home to millions of.

people surviving on just a couple of dollars a day full of mean that the syrian revolution egypt's immune system has been weakened dramatically economies in a critical condition here on this road in the country when this happens the symptoms strike the most vulnerable first and the question now is just how far the damage might spread and whether egypt can ever recover. richard. cairo. libyan state t.v. is reporting that a nato warship has been hit by gadhafi forces close to the port of misrata however the alliance denies the claims and rebel forces say the floor really been a while minister has defected and fled the country something not confirmed by the gadhafi regime if true will be the second high ranking libyan official to fall we are told with foreign minister of the left for britain in march on tuesday envoys from tripoli visited moscow for talks to find a way to stop violence in the country they say they are ready to halt fighting only

if the opposition downs arms and nato stops. it from camp university told r.t. the pressure from russia could be key you fighting a diplomatic solution. we haven't really seen enough evidence that the gadhafi regime is prepared to lay down its weapons and stop its own campaign but of course it's very difficult with claims and counterclaims but for the moment i think the gadhafi regime lacks any credibility no one in the regime. at the moment i think can be trusted and in that sense it's very hard to see how this from come about with north pressure from countries like russia on the good are you perhaps things will be able to move in that direction but i would have thought that the rebels will want to visit moscow in order to increase their own international legitimacy of course we know that the rebels have been seeking diplomatic recognition from around the world but getting recognition from from the west from countries like france and others won't be enough they know they need the support of the security

council permanent members like like russia and ultimately also china as i would have thought there have a strong interest in visiting moscow meeting with the russian foreign minister. that's coming to you live from moscow and you can check out our web site r.t. dot com for more stories but here's what's in line for you right now an alleged campbell is arrested in moscow police say they entered his apartment to find a man making us do out of his drinking buddy. and china joins the space race with some far reaching plans to put its own station in orbit by twenty twenty and sent a man to mars that or more is available at r.t. dot com. this finds two draining wars and

a financial crisis it's boom time for us to finance companies the industry is eager to pave itself is a last matter factoring powerhouse and creator of millions of jobs but energy scale and ford reports many unemployed americans have little choice but to leverage an industry that exists to fuel itself. it's career day and for one industry business is booming business is being very small business. revenue increases two thousand for. two this year with the significant revenue increase defense contracting. for missile defense maker northrop grumman to chemical and biological weapons producer patel three weapons builder pragmatics to work fighters of quarter be a all of the big names are here at charlottesville community job fair business is very good for be a systems currently we're the second largest defense contractor in the world we have an anything the department of defense does we do as well to support them so

we've been fortunate over the last several years to experience a considerable amount of. growth in iraq. afghanistan and that the u.s. has more than one thousand military bases worldwide we are located ever sees in iraq afghanistan germany south korea and so we have a lot of opportunities in the united states as well as ever see and with the pentagon budget of over six hundred eighty five billion dollars in two thousand and eleven there are plenty of defense dollars to go around northrop grumman is the second largest defense contractor in the united states with nine point nine billion dollars in contracts in two thousand and nine alone and more and more people here in charlottesville so they don't mind taking a piece of that defense contracting pie i'm a pessimist but i'm a realist too sometimes war is necessary just because we want to be peaceful doesn't you know people need to use others don't see us presence in iraq and afghanistan as negative at all with there to help you know

a lot of them they don't they don't know to just look at murtha like hey you know we were charged but we're not there to don't realize they did by michael o'brien went to iraq as a defense contractor to do just that help but i realized the affair i'd been there you know nearly a year i was there fourteen months i was just a warm body to collect fees for my company o'brien became disillusioned with the corruption and mismanagement and they were taking land former iraqis. without securing title and i brought this to their attention i said what would you build a house in the united states on a piece of land that you can know the guy can we have his office still o'brien says americans won't see the end of defense contractors anytime soon without a draft the military depends on hundred thousand contractors to support its two wars abroad and the defense contractors are raking. the girl and you know when dwight eisenhower talked about the military industrial complex

and one hundred sixty one were there now analysts say that without the defense industry america's nine percent unemployment rate would soar to eleven point five percent and facing those odds for many in charlottesville military contracting is the best defense in florida are thieves charlottesville virginia. azari david swanson doesn't buy the defense industries argument that it is creating jobs he says i'm minding spend on weapons could be used to a far greater benefit elsewhere it promised since you agree that you put the same dollars into nonmilitary very experienced infrastructure energy education and you produce more jobs and better paying jobs in the broader impact on the economy so well it's true that there are people getting jobs making weapons and working for the military and the whole complex there will be more jobs but in those same dollars into just about anywhere else and in fact get done right tax cuts for working people would produce more jobs so it's actually worse than nothing. the

u.s. middle class was a symbol of prosperity and capitalism has been hit by the financial crash as much as anyone cross-talk hospital of l. and his guests today discuss why recovery is taking so long and whether the government is helping at all or he's crossed it coming your way in an hour's time. we look at the numbers and the numbers tell the story of the united states spends far more on health care than other developed countries and it's far worse in outcomes in terms of overall state of health in terms of mortality rates morbidity rates we're not getting the job done and health care is radically different among different social groups so we have a broken health care system that's extremely expensive that's like our shiny cattle and that doesn't go anywhere in terms of the numbers when what we really need is a good sit there and they can get people back to health. and.

so even stands as one of the last bastions of privacy in the e.u. with little personal invasion by the state which is why it's putting up such a fight against demands that it stores and monitors all telecom and internet traffic. reports from stockholm where a big brother is unwelcome. even every text will be watched if the e.u. has its way its full sea members to impose a law to store telecom traffic data it will know where you are and who you are talking to sweden's refusing and is now being sued by the e.u. all of these safety information probably will be in some case misuse isn't entering their foundation so. serious and democracy or a free society the law was meant to combat terrorism and sweden should have been

tracking cool. since two thousand and seven parliament just postponed the yet another year one of just five members standing up to big brother the has been wrong in many cases before and also in this case there of course were through the chase criminals and combat terrorism but we should not build up a big brother society going under the radar could land sweden a fine of up to sixty eight million euros a small price to pay for a country that doesn't like being watched it's not something you notice at first glance but c.c.t.v. doesn't actually exist in sweden the only security cameras on the street are cashpoints but there aren't any public places like this one that sound portions and well guarded previously is here. at the moment sweden is free from the watchful gaze but it's not about cameras the data traffic can be stored for up to two years

it's already kicked for three months by operators for billing reasons they say that's enough. the majority of the requests that are coming from law enforcement authorities actually concern communications which were made within the first three months so it means that it is really this proposal that the extra storage will cost operators an estimated twenty million euros in total i would say that it is a problem it is a big burden for all operators they cannot give me a hundred percent guarantee that they see information with lots leach into the hands what it will be even the european commission it meets changes are needed its report last month found the right to privacy was being threatened so there is room for improvement in the current data retention directive these roches shortcomings us of considerable concern for citizens and for industry hopefully later this year will present amendments to this text is taken sweden four years just to get that

far. there's a long way to go before. you want to but it still could. alice take a look at some other stories from around the world in the united states and european union are planning new sanctions against the syrian leadership and it is no pressure is aimed at putting an end to a violent crackdown against anti-government protests the e.u. has already imposed an arms embargo travel ban and frozen assets in europe more than seven hundred people are thought to have been killed since demonstrations against president bashar asad started march. director general dominic strauss kahn arrested and jailed on attempted rape charges has been put under suicide watch according to reports that is being held in rikers island or that's where he is new york prison known for its gang violence and he'll stay there until at least friday when he is due to court again and charges of sexually assaulting a maid in a new york hotel. mexican police have found five hundred thirty mine were inside

inside two trucks bound for the u.s. the discovery was made by x. ray equipment at a checkpoint in southern mexico it's the largest group found of years and included people from nine countries mostly from central america police also arrested four people accused of people smuggling. how there are signs that two more reactors at japan's crippled fukushima nuclear power plant may have gone into meltdown similar problems earlier confirmed at number one reactor the company in charge of the facility is facing accusations of failing to properly cool them after they were damaged by an earthquake and tsunami evacuation area around aside has been widened in recent days radiation risk expert professor christopher voss b. says the signs of a meltdown were there long before the word minute. a melt means that the fuel inside the reactor has got so thoughts that it's melted and there's a sort of a raging radioactive inferno taking place inside the reactor we believe actually

probably outside the reactor now because the reactor pressure vessel is certainly breached and in fact you may recall i was right from the beginning there were lots of indications that this was the case actually that although they've admitted this now the real situation is in fact far worse because there have been nuclear explosions we now know so we do know that it's very very bad and radioactive particles are now appearing in the united states and certainly is a lot of radioactivity appearing as far so it's a very serious matter and be my feeling is that never really miscalculated anything that there was just trying to cover everything up from the very beginning and the problem is that enough people are out there measuring things for them no longer to be able to sustain the idea that there's nothing happening which they which they presented from the beginning and i think yes of course it's time for the japanese government to take control but having said that it's very hard to know how you could take control of the situation the situation is essentially out of control well time now take

a look what's happening in the world of business katrina's here with us. hi there and welcome to ask business person at this hour russian oil major rosneft is looking for a new partner to explore the arctic after its deal with b.p. fell apart energy minister said. what it's looking for. we are interested in a partner if we find one which will be able to bring to the deal what b.p. has been bringing is crucial for us to get access to state of the art technology working on offshore oil shells but the most important thing is that rosneft can proceed in working in the direction the deal had covered. the failure of the deal

between b.p. and rosneft came after b.p.'s current partner in russia they are reportedly rejected a thirty two billion dollars offer to buy its stake in t n k b paint so says the jest they are is still prepared to negotiate if certain conditions are met but analysts believe they are has confused negotiations to a point where continuing with little prospect of success. for its part rosneft are saying little about potential partners union of a chunk of our from you're also says the arctic resources are attractive and they'll be no shortage of candidates. boston has now will continue negotiations or start negotiations with other strategic partner between january and march first and has already received proposals and expression of interest from shell exxon and chevron and also from cheney is an indian company has so i believe

the crossing of to turn to those companies and first of all to exxon shell chevron to continue negotiations and to push the project forward. bella ruth may i ask for a loan from the international monetary fund in order to solve its mounting financial problems because greek prime minister also says russia has agreed to help us with more than six billion dollars in loans half of that will be provided as a payment for the future sales of beneficial goods to russia the country is struggling to cope with the worst crises in a decade its last quarter of its reserves this year trying to support the weakening local currency the decline of the validation ruble has resulted in a significant decrease of the citizens buying power and a shortage of foreign goods. look at the markets now will prices out on the rise as the weekly u.s. currency is encouraging investors divide in dollar price from oddities also investors are waiting on a key inventory report from the u.s.

which is expected to show a decline in oil stockpiles light sweet is trading at around ninety eight dollars a barrel or brant is around one hundred ten dollars a barrel now to see how the stocks are performing performing asian stocks are trading in the black there's our bank saying it's helped by bargain buying in energy and property stocks there after the market decline for most of the previous fourteen sessions aluminum corporation of china is adding more than two and a half percent on stronger commodities energy stocks are also on the rise in japan with index corp really three percent up in the tech sector predecessor electronics is up. more than four percent i made reports about its plans to restore chip making capacity after it recovers from the earthquake and here in russia both the r t s and m i six are trading strongly in the black as confidence in commodities grows the r.t.s. is of a bun and a half percent with m i six following suit. the grade of strong earning reports is

pushing the russian equity higher steel market service style is extending gains i reported five hundred thirty one million dollars of profit in the first quarter of analysts forecasts natural gas producer number take is almost doubled year on year net profits in the first quarter to around half a billion dollars and rising it is rebounding from the losses caused by the collapse of its ask you deal with b.p. . russia's high tech hub in scope of play host later on wednesday to dmitri medvedev for the first extended press conference of his presidency scope of those being a favorite project of medvedev so far little in the way of construction though is taking place however it's now possible to see what the future city might look like after a presentation of the design concept earlier in the week. congress whole of business center and it's acknowledging part now these are just some of the features that skolkovo will boast according to the designers but that comes with

a hefty price type and that is one hundred and twenty billion rubles which is about four point three billion dollars about half of the funds will come from the state and the other half from private investors the government has already agreed to subsidize the purchase of construction materials as well as the equipment and in order to attract the more investors stoeckel provides tax costumes and these incentives companies from all around the world have already signed up to take part in this project and some of them include cisco which has allocated one billion dollars over the next decade to transform skolkovo into russia's first smart connected city then we have boeing which is establishing a design center so employed three hundred sites he specialised to support commercial aircraft construction then we have private equity firm sigil or ga and that is investments two hundred fifty million for digital infrastructure and i see services the other big names including talks are in cell and microsoft go so google

is expected to be completed by twenty fifteen and the payback period is expected to start in five to seven years during the call serve our business artsy. and staying with innovations russian high tech corporation and i was creating a joint venture with french startup crocus technology that will produce a new generation of memory chips here in russia the policies will invest three hundred million dollars in the project with russia nano providing it is not that some sales of the chips are expected to reach two hundred fifty million dollars by two thousand and fifteen with rough men are relying mostly on foreign consumers the chips will be used in microprocessors and smart cards. that's all a business of this hour we'll have more for you in just under an hour's time stay with us now.

for the full slate we've got it for. the biggest issues get the human voice face to face with the news makers on the party. culture is the same on the taxpayers' money i mean i can i says am a real mystery and it's the story of many middle classes in the developing world the middle class has seen its condition and fortunes under stress for decades and the. wealthy british science. is not on its side.