debt crisis and a fresh round of bailouts in europe cast a shadow over the future of the eurozone forcing a rethinking nations have been desperate to join up. and the final day i'll be international compact anomic forum here in st petersburg is well under way join me and he's now wait for more details in just a moment. the e.u. plans a third set of tougher sanctions against syria and some experts warn it could pave the way for libya style intervention. a bleak future for chinese college

graduates an increase in university leavers forces millions without jobs and life with the tribes. international news and comments live from moscow this is our team the top story now greece's new finance minister is getting down to work are describing his job as a real war he needs to convince angry greeks to face fresh stares and cuts to secure more bailouts of billions from europe with countries like turkey who have been trying to become a part of the e.u. for years the financial woes slowly weakening their results joy not some bottom of . if you talked about turkey in the e.u. ten years ago turkey's hopes of joining would have been inseparable from joining the euro but not anymore turkey's attitude in short can be summed up very simply

very glad you're not part of the euro turks on the street seem to have a wide range of opinions on the euro but their countries doorstep europe's economy is worse now turkey says improving turkey is improving in all fields but europe is going backwards say we don't need them. to push people are using the euro is an investment to earn money here is a more reliable and. people don't want to save their money in the euro. universe neuros you get more than leave out here is also stronger than dollars having said that i don't want to risk investing. but academics analyzing public opinion have found a common logic in decisions about the euro people polled don't care about wider economics but about their own personal finances. economy is actually beyond the important factor that will make euro skeptic or you're a fire of public opinion analysts are keen to point out that further economic

integration into europe doesn't just mean money and that people should only think about their pocketbook economics they haven't taken the freedom of labor the freedom of service you know service these are all integrated in others so it's not only exchange of money or turks living. thing. one thing everyone does agree on is the mess the eurozone is in whereas turkey's economy grew nine percent last year and over ten percent in the first quarter of this year europe especially southern europe has come to the point of catastrophe because of excessive borrowing greece has so far been the worst hit send others economic disasters have meant appeals for bailouts this makes it difficult for national governments to befriend. possibly pouring more money into the coffers of irresponsible or inefficient members within creasing tension in need you or

economic mismanagement some for seed big problems ahead because i mean corporation . based on a single currency in europe. is. going to be history in the near future meaning that turkey will likely remain independent trader for some time to come turkey's markets are famous to tourists and traders alike taking that mercantile spirit to europe one seems like a good idea but with all the riches here it's not in europe no longer seems like such a profitable move tom barton r.t. istanbul turkey where the euro zone's debt burden shows that one side of a dating e.u. members that decided to stick to their own national currencies are breathing a sigh of relief. that of german newspaper zite. those european nations that are not in the euro will no be much stronger and much more

convinced that they did the right thing when it didn't work so there's no way we can avoid a default it will have to be done or leave. with it and by the european community everybody together if the greeks leave. that is like you know a lot stronger mind meijer need your weight into the system but if you want to be totally cool it canonical you know it can only be things like an economist i think just trust the best solution because. once you know your value and once you can do that once you've done all you you can regain your competitiveness on the international market this after all as the example of courage and she never thought of the monetary union with the u.s. dollar as the beauty or lost. coming the crisis in the years will be discussed in

some places but that's international has its last day presidents dmitry medvedev is their spanish prime minister and the finnish president. so lisa knowing who's their sockets are going to be a doozy so simply there are lots and still. busy indeed lots of sessions planned for this final day as well as high level bilateral meetings at the sessions go from internet privacy to global food security for really such a wide range of issues being covered what is called an economic forum but it really is a global forum when you when you get down to it look at the real issues being discussed how the most high level meeting today will be of course the final session there the panel consists of president is very different along with his counterparts the presidents of kazakhstan and the spanish and finnish leaders and they are the focus is going to be managing fault lines and avoiding future crises of course

a lot of talk these days about the euro crisis and the main challenge there is how to not let the euro crisis hamper trade between the e.u. and countries like russia and kazakhstan how they're also going to be speaking about the difference between the way emerging markets like the brics countries in the u.s. and the eurozone how about looking at the global market and the financial systems very different views on that and how then in the future do we deal with the global economy so that some of the questions that we'll be looking at in that session but i want to point out that in some of the other sessions which may seem less high level others no less important discussions taking place i was that session about sport of course russia is hosting three of the world's biggest sporting events within the next decade that of course is unprecedented a lot of challenges there so that's important there's also a session on the situation in the caucuses and how to follow along investment potential there so a lot of different issues being covered here in st petersburg on this final day. lisa nowhere reporting live from said it's going to. be plenty more in our

business bulletin in about fifteen minutes time on that and later today a special edition of artes on the money for the brother talks to me that the st petersburg or about what lies ahead for business in russia. at least sixteen people have been killed in syria as well as protests there continue the e.u. is planning a third round of sanctions against the regime of president assad if its deadly crackdown on demonstrations war activists run becker says the sanctions are the the first step towards a wider intervention the e.u. if it adopts these new sanctions the third wave of sanctions there incrementally ask relating the u.s. and western european intervention into syria i think that we're going down the road as we went in libya where one step leads to another step there climbing the escalation ladder they have a very sort of selective concern for the lives of protesters and democracy

movements are movements that call themselves democracy movements you take. your condoning the crackdown on peaceful protesters i think what's really happening is that syria syria has been targeted by the united states and also in principally by . france and the u.k. for regime change and i think they see this growing protest movement in the possible slippage of the country in the direction of civil war as an opportunity to overthrow what has been considered to be an independent government in syria. the middle east expert and blogger card sorrow told r.t. that america's policies in the region show this priority to the geopolitical interests rather than the interests of the public. all the talk of exporting democracy and all that sort of preaching to the rest of the world i find is highly inconsistent and it's hypocritical and in the case of syria in particular i think

the u.s. is caught between wanting to be active but at same time mortified by what the alternative would be in syria which in my view is completely unjustified it's not necessarily going to turn into a fundamentalist islamic state or anything like that what we are seeing there are really for freedom and democracy and. why could have been if you like played a more consistent role in foreign policy hasn't done. also any sort of intervention there were doing which is based purely on this desire for stability is bound to be counterproductive. but amid fears of a looming u.s. military intervention in syria r.t. has been asking. what they think about america's ongoing wars. you know there was an arab spring maybe america will have its own spring wide range of opinions in the

resident which is coming your way later sound also ahead. this russian orthodox wandered from a home i'm. coming up on our war of the world. china's double digit growth rates during the financial crisis in the world and yet many chinese are still not of reaping the rewards of the economic boom it's the billions of graduates entering the workforce each year they are becoming part of a phenomenon called tribes as they moved in explains. despite the global slowdown china's economy is booming and cities are expanding at a seemingly unstoppable pace as people look to leave the group but grow. behind in search of the chinese economic miracle and one of the largest groups of people currently moving into china cities are university graduates like those from this

campus in downtown beijing however many are arriving to find their degrees of furtively worthless and the streets are paved with anything but gold these graduates often end up living in the most basic and squalid of conditions and forced to do menial jobs sociologists have dubbed them the ant tribes and there are four to be more than one hundred thousand living in beijing alone in june chin is one such and he shares a twenty square meter room with five other graduates in a former workers dormitory in the north of beijing washing and toilet facilities are shared and there is nowhere for them to cook but it's not just the ants that are suffering while forcing my parents and sister went through a lot of hardship to see if the money they put me through university i studied hard and to part time jobs to support myself you know the all i can find is unskilled part time work so i really feel like i'm letting them is. part of the problem is

that there are simply too many university graduates now entering the system in one thousand nine hundred eighty two when the government began to seriously look at expanding higher education chinese universities that were producing eight hundred thirty thousand graduates a year in two thousand and ten that number was six million and it's still growing a lot that is on the one hand chinese universities are already in a weak state we lead in weaker with the rapid expansion so the education received by many of today's graduates has been very poor it's really on the other we have a whole generation who are used to having everything going for them you cannot do think for themselves he's going to give people like this work yup yup. with reports of rioting taking place in some and tried areas the government is now looking to take action measures being discussed include limiting residence permits to skilled professionals and introducing electronic id cards for outsiders without a stable job however with the number of graduates entering the workforce set to

continue rising there seems little hope in sight for china's nine tribes and i'm also an r.t. aging. well as more on that story all the news we're covering always available that are to dot com so long pinion and neutral video clips this was a good way to celebrate your posting graduation techno from russian students the simpsons soft when you put your text books inside the basin to make use of. and disneyland for adults the world's largest museum of erotic art with its doors in moscow it's open twenty four seven called intel's apartment got. fifty. five.

u.s. involvement in nato campaign in libya has just one day left for a ninety day limit on military action without congress approval runs out all makers are demanding president obama complies with the constitution so he's a roving reporter the resident in the streets of new york to find out what people there think of a growing u.s. military presence around the world. we're number one in the world are we to show the world we can still do it even though you're going to be some of the best we can have we can still do it why is that so important to be number one has to be to be one of. the americans as being some kind of. world police you know you think about us yes you don't think there's any at all teary emotive. no oil interest no economic interest no no i don't know what do we want to

accomplish that. just the safety of the people to waste our money and the lives of young people you know would you think there's maybe another reason for doing it they want reason oleo or whatever reason i don't think it's logical i don't think it makes any sense a great thing there's a big disconnect between what people in government are thinking and what they think we want and what we're letting them know that we once and maybe our priorities aren't the same so you have all these countries in the middle east where the people are standing up against their government why aren't people in the us standing up against their government saying hey bring our troops home i'd like to think that one day that will happen you know there was an arab spring maybe the america will have its own spring no matter how you feel about the imperialism of the united states the bottom line and let's face it it's not going to stop anytime soon. that's not a nice way around the world the sad south korean soldiers have died of

a passenger ship mistaking it for both crew and the plane in support of a. plane which is one hundred passengers on board. though it's the latest incident highlights of the game tension between the two. libya's prime minister says his government has. talks with the rebels something they say you also accuse nato of escalating violence in the country fresh air raids in seoul reports of five explosions in tripoli as a cold bath of supporters have stalled out in the capital believed to be one of the biggest since the military operation. attempts to decontaminate water at japan's fukushima nuclear plant had been stopped after radiation levels sort of satan in its sphere the water inside the earthquake and tsunami that it sends includes further radiation to the surrounding environment in the last few hours alone the from the sea region has been hit by two strong tremors. now we

continue our journey to the coldest continent on earth antarctica. that fierce climate of the time religion that is. covered that is a place to visit the southernmost russian orthodox church on the planet. perched atop a picturesque or rocky hill overlooking the sea a typical entirely russian orthodox church though this scene looks like it could be taken right out of a siberian picture book think again. at the work this is important so far this is the only antarctic station that has a russian orthodox church. the trinity church is the southernmost russian orthodox church on the planet and getting it here was not an easy operation. if they don't go through in two thousand and two they built the temple from the cedar tree and the church was built to mix up there for a while until the end of two thousand and three they numbered all the parts every

beam was disassembled and they transported it to kaliningrad america shipped all the way here to antarctica since feb fifteenth two thousand and four the church has been officially up and running with the orthodox church providing a staff of two specially trained months each year but given the extreme climate in which they operate live face extreme challenges as well. because the conditions in antarctica are unusual with strong winds we need to hold back the power of the wind with such strong tight walls and special chang's sometimes the rain here comes out as horizontally with the wind so that the water is not just coming through the cracks but also we comply mumford's to leak inside. and out trinity church has become a sort of antarctica landmark even becoming somewhat of a tourist destination for v.i.p.'s and diplomats. no matter who visits this church they always say it's beautiful it's a remarkable church made out of good in a russian architectural tradition. more than just a popular tourist destination the building. island is

a gem of the russian orthodox church and it's a fully functioning facility even performing where matrimonial honors for those. i came here for a long stay sixteen months and i had no idea that there was a church in russia i was not a frequent visitor to church but here somehow i started to be before i left russia i promise atlanta that i'll bring her here i was not sure how but i promised that i would also plan i was still in russia i got the idea why not have our wedding in this church. in. one of only two couples to have been married here trinity making their marriage a part of history. it's a very good feeling but in reality you don't think that you belong to some exclusive circle because for me at least the most important thing is the marriage itself and the occasion is secondary but i like this church very much it is very

comfortable and you feel very special here the russian tradition in antarctica goes back to the very discovery and according to the russian orthodox see it is only fitting that there is an official testament to that history of. this church just by its presence speaks volumes for every person not just in russia. but even for foreigners the presence of a church it means a godly presence and i'm talking with. a presence that they hope will last for generations to come in antarctica sean thomas. but i'll be back with headlines about ten minutes time but first we go back to some pieces but again much reza the latest from the internet for. that's right working off day three of the st petersburg international economic forum day two was marked by the landmark address from russian president dmitry

medvedev talking about innovation and modernization in the russian economy he said that integration with the global economy is definitely a priority for russia and that luring new investors in business is something that is going to help open up and modernize the russian economy there is a going to be a major move toward a free market economy he said in russia and away from state capitalism which tends to stifle innovation rather he said the role of the of the government should be to help foster and stimulate business into russia something he intends to implement in the country also help cut down on state regulation and cut down on corruption two things he says that are going to make concrete steps towards improving the business environment in the country and improving the perception of russia as a good place to do business we also heard major addresses from google c.e.o. eric schmidt from rich nano chief anatoli should buy and from russian telecom

minister igor shake a lot of so there was a lot going on yesterday and even more to come today also a running theme throughout the conference is the importance of the creation of a ten billion dollar state backed private equity fund in order to help lure business and innovation in russia and a thirty billion dollar asset sale program of the government help with order to help privatized russian owned business and property and use that in order to help spur the russian economy on now we talk with a lot of people yesterday going to talk even more people today among the people you spoke with was stuart irvine c.e.o. of nestle russia he had some sweet news to share with r.t. saying that they have the latest plans in the country and how much money they are injecting into the russian economy. would invent things through from the media and the new. innovations we should bring to the market was going to come in the second half of this year innovations the rules for investing in the infrastructure in

russia so we just completed an investment into machine which was now going to be coffee factory there seven billion rubles we've just put in and that may be leads to total investment in two machines to ten billion rubles and this year we're also building a new factory as well this year alone will be looking at i mean a half billion rubles or investments we're going to continue to do those kinds of things. well so we spoke with victor dimitri of chairman of the e.p. who said that. the country's new direct investment fund is something that should help will definitely help spur business and innovation in russia. their fears to a great extent and situated. as the main problem is lead. understanding of information one of the main issues for them he would show countries which territory. enormous potential of dros they should be guided that's the main reason

for the fund to be set up to push the reste and responsibilities and to guide them in regions in certain industries in particular projects. and from a government first fakirs moscow deputy bear andre sharon of says that it is important that government have a role in helping create a good environment for business in russia. it's quite complicated task. which could be implemented only by many producers federal authorities more score thora kids and professional community almost each more school city a program is devoted to at least partly. ideas so for international financial center in the city transportation hospitality education medical aid any any out there. that's the latest so far from russia's northern capital but

stick with us throughout the day here on r t for all the latest from the st petersburg international economic forum. to a substantial degree and one form or another socialism has spread the shadow of famine

regimentation over most of the nations of europe. and the shadow as i'm pro-choice for. the early twenty first century military bases a network of military bases all around the forms leave. that the united states is trying to get its astonishing most americans have no idea there are more than a quarter of a million more than two hundred fifty thousand u.s. troops stationed on these bases all around. we don't have falling bases america we don't have any british base we don't have any korean base we don't have any french bases or you know we just all american bases in our bases afai. noise is our north of us and bomb the us at all because they're all bases but for other people it's almost like a cancer here for these people. since the. spaces i've been.

working here since are by safe and secure environment for everybody. the questions the appeals that you get everything you needed.

playing. small safe things to this is not a provocation but it warns. me. that we should be first step are you sure it's a pretty picture exclusive they have no idea about the hardships that we face. right wanted this is it all up to these things or in the army or the life of the usaf is the most precious thing in the world. is of self-sacrifice and the heroism of those who understand it fully you have to live a. real life stories from world war. it's nineteen forty five dollars on t.v. dot com.