for a no holds barred look at the global financial headlines tonight you guys are reporting on our team. tonight an artsy hammering out a future palestinian state russia says the unity between hamas and fatah is key for the process after the recent reconciled parties hold talks here in moscow. the opposition in georgia claims the revolution started pledging to oust president saakashvili shortly after police fired tear gas and rubber bullets at anti-government protestors. greece's debt climbing fast the e.u. takes a hard line on athens deepening the schism between the nation in europe. and in business well said could clear its budget deficit by more than half this year prime minister finance minister could rant says record low prices will also help boost

investment and pay off debt incurred during the past we'll have more on that programme about twenty minutes time. this is artsy very good evening it's nine pm monday night here in moscow my name is kevin zero in our top story tonight political unity among all palestinians is needed to achieve peace with israel and create an independent state russia's foreign minister voiced that very view on the conflict has the two main palestinian parties came closer together at a meeting here in moscow coming palestinian minister put elections were also on the agenda our correspondent in been following the talks for us. since hamas and fatah were able to set their differences aside after years of animosity they've now decided to form a joint government previously they've been saying that the call for russia supports

hand over the weekend their representatives have been meeting with washington and now we've met with the foreign minister himself and so you know i've often said that russia is an active member of both the u.n. security council and the middle east quartet which also includes the united states to go with the union and to be you when it supports the idea of all palestinian political forces to quarter in this election and the other issue on the table was the discussion for the preconditions for the future independence palestinian state and city although he's also calling today on that praising the fact that these two years former peers are rivals if i can promise we're able to finally reach common ground and said that's all me as of who fight me shing can palestinians negotiate this issue with israel just as. jews the creation of an independent palestinian

state through resolving the israeli palestinian conflict and of course the palestinian leadership to enjoy the support of all palestinians during negotiations unity is important for any nation and is even more important for the palestinian people who are working towards a fair solution to create their own state in accordance with decisions of the un the middle east quartet of the arab peace initiative part time hamas are planning to take this matter to you when in september and the representatives i've already said that russia has promised its support this whole dispute has been going on for many decades and you know it became pretty clear that the international community including the middle east quartet they support the idea of a two state solution meaning that israel and palestine should be two separate independent. centuries and just recently us president barack obama said the border is all these future independent states should be released from nine hundred sixty seven which basically means that they would go through jerusalem this idea is

supported by the international community including also thought he was justified he's really prime minister who said that such a scenario would make israel defenseless and a meeting with israel's biggest lobby and united streets barak obama softening his stance saying the borders don't really have to be example be worth one hundred sixty seven mil many analysts are saying that the u.s. is trying to sit on two chairs at the same time trying to please both israel and the international community and that is actually creating even more tension and for more on that here's this report by my colleague. in the midst of president obama's calls for peace and the two state solution fell on deaf ears both with israelis for many from the mere mentioning of going back to pretty nine hundred sixty seven border lines is unacceptable. to you if you succeed. because

these loans are interested in with the palestinians who believe there is nothing but words in what the u.s. president has said is that a partial pressure on it you know the prime minister of israel or in israel. it's like a cross it's like a lose lose thing like it's very hopeless like we hear the right things you know kind of implementation addressing the powerful through it's really lobbying washington president obama has made clear to me we've learned that no pressure would be put on israel to advance the process and he's proposed solution was the friend's advice he's cannot be imposed on the parties to the conflict. no vote at the united nations will ever create an independent palestinian state and the united states will stand up against efforts to single israel out at the united nations or in any international for israel's legitimacy is not a man afforded by analysts say the contradiction of words and deeds has been a constant source of global frustration about the us foreign policy in the middle

east one example if you bomb administration is called these really settlement expansion illegitimate but when it came to actually voting at the un security council condemned the settlement expansion as illegal the u.s. veto the resolution the failure of the united states to deal effectively with. the double standard for. the president made a very strong case that we should. buy their rulers but we do nothing when the i mean israel is doing all these things. the cost of all the pretty high in terms of our credibility and personage internationally and that's not important as surveys suggest president obama's ratings in the muslim world are as low as ever experts say the inconsistency with which the u.s. react quickly different episodes of the arab uprising is to blame president obama's

speech on thursday was seen as a way to reach out to the arab war then say the u.s. supports men and women of the street as opposed to suppressive looks but it seems he's words resulted in more confusion about u.s. policies particularly when it came to this really palestinian conflict. said what he said in the us each for. most of the past years he feels frustrated that he's also i was even told the. media. they are also. so i don't know what does that be i don't want. speech president obama is facing pressure from both the international community that has long been suggesting the two state solution of the one nine hundred sixty seven border lies as part of that solution and its ally israel which find that proposal unrealistic president obama's attempts to please both the international community and this will seem to have resulted in yet another nonstarter in the east peace process i'm going

to check our reporting from washington r.t. . frustration anger impersonal for more on the mideast process washington's part of it let's talk to political activist harry epstein she's joining us on the line from washington d.c. and a very good evening to you thank you for being on r.t. international but during last week's meeting with the israeli prime minister barak obama stressed to me that the peace deal between the israelis and the palestinians has to be placed on those pre-one nine hundred sixty seven war borders now then and that is a later speech to the jewish lobby in congress offered this statement of but how far do you think the washington is ready to go to accommodate israel these days. let me just checking if you can actually hear we have just a little quite a long question to you are you getting the sound to me. but i have some difficulty understanding you know problem let me make sure we heard all the

statements that president obama issued late last week. and it appeared at one point that it was losing patience with israel how far do you think it will go to accommodate israel. and the i think we may have to convert this into a little bit later i think having a bit of a problem with the game yeah. yeah it will move around i hope we will come back to you later thanks ever so much for that and sorry about the technical hiccup we'll try to get back to a bit later all right now as nato bombs continue to fall across libya the still no sign of an end to the bloodshed and deadlock russia's call for a ceasefire between the libyan government and the opposition in order to stop the violence this after foreign minister sergei lavrov met with rebel representatives in the russian capital to help resolve the conflict over the rebel opposition while refusing to hold talks with gadhafi did pledge its commitment to future dialogue

with russia during a visit to moscow by libyan government envoys last week russia declared its support for u.n. and african union mediating efforts to represented him said that they are ready to withdraw from conflict areas but only when the rebels drop their weapons and nato stops bombing moscow says the alliance carrying out its campaign in libya so far failed to act in accordance with the un resolutions. coming up in the program we'll look at how harsh sanctions against syria and its closest ally iran could spell further disaster for the arab world in just a few minutes. now the government opposition you george. overthrow president mikheil saakashvili by wednesday thousand strong protests against what them straight as a calling a criminal regime have to police in a vice like grip referred to in a row police try to disperse the demonstrations and tear gas and rubber bullets russia. saying it's

a direct violation of human rights among the crowd marched to the headquarters of georgia state television demanding that the rally people like president saakashvili him self is in hungary and seems to be in no hurry to interrupt his visit a position needed you know burjanadze told r.t. that despite every day oppressions will remain thankful. that he would not anticipate. it. being a chip that he will. just take. a chance we people that we have here will be sure we have like this again fighting for. everything changes like him including children just these links. i know that have been is easy to use any kind of like that they will be share. with you feel it was them to say. it is a shame i think it will. be seriously

a spike if you can't which is coming from to say that maybe every day every meeting that we are receiving in a nation because of the work. place nevertheless if any of this trouble our people. a chance of. nation really we have actions into. this is because this unfolding situation in georgia now with political analyst. joining us live very good evening chip thanks for being on the there we go could see you what are the chances that president cyprus really will listen to the protesters and step do you think. oh in fact president saakashvili is not the political personality or just the personality who can easily step down and see this history of presidency of his presence which shows

that he is not that easy doing that but this time really the scale of the protests may go far and wide and well we just wait and see what will be the reaction in this protest in the country eve to prove this is really high maybe end the other factory is either their position is consolidated enough and maybe he has no alternative and he may step down ok but if he doesn't we heard the opposition there and as you've just said saying bed ready to fight to the last but as you also said soccer's valley's proved in the past that he's not and wasn't prepared to pass to stand down anyway despite the pressure he's been put on that is there a danger that this time it could escalate to spread bloodshed. well it is very difficult to predict now he may go to the to the air and twelve judging by the reaction of the world not only in russia which express concerns

regarding this situation with human rights in georgia but also in the west which is not very satisfied well we may be may for see that there will be no bloodshed which really may be may be called or defy the bloodshed of one of the maybe some some victims but well the scale of this solution will not be a bloody revolution i practically sure all the protesters are talking as we heard there in confident terms we heard from you know. what supporters really have these days. well the supporters of circus feeley has diminished drastically for several reasons firstly the war with russia was not that much poor your in spite of the fact that well georgian population i'm not speaking even if georgian elite is not pro russian but the results of the war were not satisfactory for the for georgia

secondly. this economic situation the country is not is not good because in the beginning of his presidency the support of the west of the european union and the united states was rocket big now it has diminished for several reasons again well there was crisis but also the policy of circus really is not wise and it is not that much support it in the west so we may force either. through the group of he is supporters will diminish and it will diminish drastically in the next few days it may be just part of the lead just the power of the opposition is growing or a thank you very much for being on the program. thank you. greece is facing fresh ultimatums for your members of the criticism is failing to meet its payload obligations athens needs to step up its economic reforms produces huge national deficit results his country deserve a report next tensions between the country and its creditors are fast approaching

boiling point. as famous greek businessmen aristotle onassis once said to be successful keep looking tanned live in an elegant building even if you're in the cellar be seen in smart restaurants even if you only nursed one drink and if you borrow borrow big. greece certainly borrowed big but it hasn't helped its success a modern country built on a glorious ancient civilization is on the brink of national financial disaster and some e.u. members which helped bail it out are no longer happy with the anti-crisis measures taken by athens. we can't just choose solidarity and then say that these countries can't continue as before we can't have a common currency but some get lots of education time and others very less so that won't work in the long term. to the people of greece already suffering from severe job and wage cuts this statement was

a slap in the face. that greeks are those guys who are lying in the sun and don't work well the reality is not that greeks work at least as much as other europeans i think the idea of the german government is that we should sell everything to them because we owe it to them to see. the situation but in the end produces a very uneven relationship in cyber is supposedly. a union though even the slightest rumors the greece might leave the euro have already been flatly denied by athens and brussels some experts believe this would be best for the e.u. even claiming it could be less painful then being warned it shouldn't be the problem for the wealthier european countries our research has shown up the greek could leave the euro area without any big problems the greek people

are facing big problems the total out of work is expected to hit around eight hundred thousand this year the despair is evident in the shuttered stores all across south and despite the fact that it's the tourist high season business and the birthplace of civilization looks pretty dead certain even members have accused the greeks of simply being too lazy and while it's true that some shop owners will reopen after a few days on the beach for many these windows of opportunity are permanently closed. ironically it seems at this time it's the greeks who should have been aware of those bearing gifts the. bailout of one hundred billion euros has mired the country in crippling debt and caused a developing political challenge between athens and its european partners over what's to happen next the rising tension between the two is causing fault lines which some say now threaten the entire unity of the european union itself catherine

as are about r t athens greece well for its part european union's agreed widen sanctions against syria and iran offer blacklisting senior syrian officials the option of frozen the assets of the country's president assad and banned him from entering new territory in foreign ministers say it's in response to a violent crackdown on anti-government demonstrations earlier i asked middle east. policy if syria could no repeat the libyan scenario. syria is a much more complicated case because there are some other more important political actors in the region involved so i think the un resolution is much further down the line if we thought obviously i mean we have first israel we have lebanon we have you run involved it's also a question of who then the people that might take over if there is the internal dynamics of having a religious minority in a sense being in control of the state in this case the other whites on the present bush. and what will happen to them if there is

a sudden swing in any other direction basically the you can see that there is a certain inherent logic to sanctioning countries and that is that unless the actually start to improve in a way to reward would be to remove sanctions you knew trying to up the ante by a ratcheting up the pressure and in the case of iran we are just continuing that kind of path regardless of what's happening in syria the latest sanctions particularly ones that deal with iran's economy that is cutting it off from the financial system if you will of the world is having an effect on the ring in society and the economy at large but they were put in place primarily in order to affect iran's ability to acquire the nuclear capability that might end up with a nuclear weapon and on that particular aspect i think they haven't had that much of an effect yet. r t tonight's tell you and interest you got news stories out of features tonight they're getting a lot of clicks the taliban's one eyed spiritual leader mullah omar's governessing

with some reports suggesting he may be dead while others say he's planning future terror attacks we've got more on the developing story tonight on our home page r.t. dot com we've also got good news for new york smokers already for some restaurants and bars now they're finding that have it no longer tolerated because even if i know what there is in the big apple have become smoke free now details online from us l r t v dot com. but in a putin's office says the allegations of the former chief of the international monetary fund against russia's prime minister are ridiculous don't expose card has reportedly cues putin of being part of a plot to have him fired from his post and british daily mail newspaper has claimed before his arrest on sexual abuse charges strauss can voice concerns that he could fall victim to a conspiracy i did an interview with a french t.v. channel a colleague of strauss said the chief told him that russia and france were trying to stop him running for the presidency it's alleged car was worried that if he

wasn't allowed a clean exit from the i.m.f. he wouldn't be able to announce his candidacy trashcans currently in new york awaiting trial but even put his press attack she says that the accusations are entirely baseless. there's been a respect for your friend minister gordon for the last three years and i've never heard such a weird state. for such a crazy allegation that it simply does not have. any sense. and i don't see any sense in command i know that a t.v. company and next to them. france. was the first to mention this weird religion and. it wasn't so why don't the lone ranger where's french press so in our run the british speak for you. but i don't think that you will have any continuation because it is simply

something that cannot be unknown to them in. nothing to do with with. even with sense of humor. so here's a brief for years severe weather conditions continued about of the southern states of america bringing total devastation and widespread damage at least eighty nine people were killed in the city of joplin after a massive tornado blasted his way across the southwestern state of missouri officials fear the death toll could climb much higher the storm left behind piles of brick wood where home schools and churches once stood. an operation to recover control of a pakistani naval base attack by insurgents has ended up almost sixteen hours of fighting troops cornered a group of gunmen after a raid on the complex the night before which left at least ten soldiers tackles or destroyed several u.s. supplied surveillance aircraft the pakistan taliban says the raid was to avenge the killing of osama bin laden. feels presidents an island for

a start of his six day trip to europe barack obama has already made a pilgrimage to a village that used to be home to his great great great grandfather a bomb a wealth of it in the u.k. poland and fronts. world economy of the arab uprisings along with afghanistan and pakistan are all part of the visit. to formalise post not at night here in moscow thanks for being with us looking ahead in a few moments from a reporter in a tiny republican eastern europe that's facing a further split into two states now it's the before that it's created here with a business after a quick break. welcome

to a business person russia could cut its budget deficit by more than half the. record oil prices will also help boost investments pay off debts. we're using actual revenues to cook the budget deficits that's why this year we're planning to decrease the deficit from three point six percent voted one point four percent it is possible that all is trading over one hundred dollars dollars per barrel was actually revenue will also be used for investment. house to collect the market continues to be lower amid signs the u.s. economy is slowing concerns that greece may default on its debt is also stoking speculation that the norm for fuel may weaken u.s. stocks are trading lower as italy became the latest european nation to be affected by the region's debt trouble the dow jones industrial average is down one point two percent with caterpillar topping the losers list down over three percent the nasdaq

is losing one point seven percent promising to call companies only thing on the books sovereign debt worries spark heavy selling across europe markets close in the red driven by banks and resource stocks travel related stocks are also worlds a lower across europe airlines were under pressure on news of all kind of activity in iceland germany's dax was losing nearly two percent with shares approaching the cause of around four percent and russian equity markets closed deep in the red on negative news from abroad the r.t.s. lost over three percent. nearly two percent lower let's take a look at some individual moves most of the blue chips finished in the red on monday there were three percent its worst close in four months the company was downgraded by credit suisse to underperform from neutral on uncertainty about tariff growth and rising tax burden cross they have closed over two percent of lower crude prices and shares of porter's gold were out on stronger gold prices and as the company plans to double production in three years michael stein from what

creates here wraps up the day's travel. last week ended on a down leg today russian equities are down two percent along with most european markets renewed concerns i'll go to the. faulty greece about concerns about the eurozone banking crisis and also about concerns about the euro itself in the markets today we see pretty much of weakness across the board we see declines of two to four percent in oil stocks in addition steel stocks are particularly weak i down tree to five percent in part because of data showing the court correction still producers contracted by three percent during the month of april in the market we also see very substantial weakness in mail dot ru which is down almost six percent in somewhat of a surprising move given that the end. is a more than ten times oversubscribed and given that the price range for the deal was increased by some twenty percent and that's the latest we have for you stay

with us for for headline. wealthy british style it's not like. the. markets. scandal find out what's really happening to the global economy for

a no holds barred look of the global financial headline news you need to cause a report on our hungry for the full story we've got. the biggest issues get the human voice face to face with. the news makers on r.t.c. . twenty years ago the largest country in search of a suitable. if. it had been one chimp each began a journey. where did it take a. minute .