something underlined by the fact his appointment has already been met with protests anything to convince angry greece to face pressure sturdy cuts to secure more bailout billions from your foreign countries like turkey have been trying to become part of the e.u. for years the financial woes are slowly weakening their resolve to join up or to stand by reports. 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 not any more turkey's attitude in short can be summed up very simply very glad you're not part of the year right now took on the street seem to have a wide range of opinions on the euro but the country's doorstep europe's economy is worse now turkey says improving turkey is improving in all three but europe is going backwards say we don't need them. turkish people are using the euro is an investment to earn money here is a more reliable and turkish money because people don't want to save their money in

the euro. few invest in euros you get more than euros 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 so much economy is actually beyond the important factors that make euro skeptic or euro file the public opinion analysts keen to point out that further economic integration into europe doesn't just mean money and that people shouldn't only think about their pocketbook economics they have to take into account the freedom of the moment of labor the freedom of service you know the service so these are all integrated any other so it's not only change of money or turks living. thing you're all one thing everyone does it. is the mess the eurozone is in where as 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 it sound others economic disasters have meant appeals for bailouts this makes it difficult for national governments to defend personally pouring more money into the coffers of irresponsible or inefficient members within creasing tension in the economic mismanagement some forsee big problems ahead because army corp. based on a single currency in europe. is. going to be history in the near future meaning that turkey will likely remain an independent trader for some time to come turkey's markets are famous to tourists and traders alike taking

that mercantile spirit to europe what once seemed like a good idea but with all the riches here and not in europe you no longer seems like such a profitable move tom barton r.t. istanbul turkey. as the euro zone's dad burden shows little sign of abating e.u. members that decided to stick to their own national currencies are breathing a sigh of relief as the view of yosef your favorite editor of german newspaper and it's tied. those european nations that are not in the your will no be much firmer much more because there's the right thing whether didn't join me or there's no way we can avoid a default it will have to be done. with it and by the european community everybody together if the greeks leave. that is like you know a stronger mind medium weight into this is some but at issue

want to be totally cool the economic you know. the things like an economist i think us trust the best solution because. once you know you drill you and once you can do that once you develop you you can regain your competitiveness on the international market does that after all it was the example of argentina which broke out of the monetary union with the u.s. dollar at the beginning of last. overcoming the crisis in the euro zone will be discussed in sync as work as the international atomic form and there is its last day present return to be out of it's there and has met the spanish prime minister and it will hold talks with a finnish president later and he sonali has more. lots of sessions planned for this final day as well as high level by lateral meetings as the sessions go from internet privacy to global food security from really such a wide range of issues being covered to 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 the most high level meeting today will be of course the final session there the panel consists of president medvedev different along with his counterparts the president of kazakhstan and the spanish and finnish leaders and their 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 and how they're also going to be speaking about the difference between the way emerging markets like the brics countries and then the u.s. and the eurozone have of looking at the global market and the financial system is very different views on that and how that 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 there's no less important discussions taking place i was that

a 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 fall season how to a lock investment potential there so a lot of different issues being covered here in st petersburg on this final day. there'll be plenty more on this in our business bulletin at about fifteen minutes time and later today a special edition of our tease on the money where peter lavelle talks to people at the same pittsburgh form about what lies ahead for a business in russia. at least sixty more people have been killed in syria as mass protests continue their planning a third round of sanctions against the regime of president and over its deadly crackdown on demonstrations but anti-war activist brian becker says the sanctions are only the first step towards a wider intervention the if it adopts these new sanctions the third wave of sanctions there incrementally escalating the u.s.

and western european intervention into syria i think that we're going down the road as we when libya where one step leads to another step there climbing the escalation letter they have a very sort of selective concern for the lives of protesters and democracy movements or movements that call themselves democracy movements you take they're there 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 principle ie by by france and the u.k. for regime change and i think they see this growing protest movement and 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 middle east expert and blogger karl told r.t. that america's policies in the region have shown its priority to be geopolitical interests rather than the interests of the public. all the talk of exporting

democracy and all that sort of preaching 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 states or anything like that what we are seeing there are really for freedom and democracy and. why it 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. and the fear is a looming u.s. military intervention inferiority has been asking people on the streets of new york

what they think about america's ongoing war. you know there was an arab spring maybe that america will have its own spring. see why the range of opinions in the residence which is coming your way later this hour and also ahead here in our team . this russian orthodox church out of one hundred far from its home. and coming up on our do we explore the world. and what about. china's double digit growth rate during the financial crisis has been the and beyond the world and yet many chinese are still not reaping the rewards of the economic boom that includes the millions of graduates and are in the workforce here they're becoming part of a phenomenon called an tribes as henry morton explains. despite the global slowdown china's economy is booming and cities are expanding at

a seemingly unstoppable pace as people look to leave their poor rule backgrounds 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 worthless and that 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 tribes and there are thought to be more than one hundred thousand living in beijing alone. 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. for my parents and sister went through a lot of hardship to save the money that put me through university i studied hard

and did part time jobs to support myself you know though all i can find is unskilled part time work so i really feel like i'm letting them in dying. 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 but number was six million and it's still growing. at that on the one hand china's universities are already in a weak state we need them weaker with an over rapid expansion so the education received by many of today's graduates has been very poor on the other we have a whole generation who are used to having everything done for them you cannot do anything for themselves he's going to give people like this work. with reports of rioting taking place in some and tribal areas the government is now looking to take

action measures being discussed include limiting residents 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 and tribes and remorse and r.t. beijing. well there's more on that story and all the news we're covering always a deal there to dot com and you also find blogs opinion and unusual video clips like this one. and now three out of the way to celebrate university graduation tips from russian students the see the softer when you put your textbooks inside the face of an article recommends you don't try this at home. these new land for adults the world's largest museum of erotic art has opened its doors in moscow and it's open twenty four seventh's all the details at our team dot com. u.s.

involvement in nato campaign in libya has just one day left before a ninety day limit on military action without congress approval runs out lawmakers are demanding president obama complies with the constitution so if he's roving reporter the resident hit the streets of new york to find out what people there think of the growing u.s. military presence around the world. we're number one in the world that we can us to show the world we can still do it even though you're going to be the best we can we can still do it why is that so important to be number one has to be to be one number one better be as we think about. americans as being some kind of. police you know you think about us dick yes you don't think there's any altieri a motive. 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 which the money and the lives of the young people did you think this is maybe another reason that we're doing it one reason only zero or whatever the reason i don't think it's logical i don't think it makes any sense but i think there's a big disconnect between what people in government. our thinking and what they think we want and what we're letting them know that we once. had 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 u.s. 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 that america will have its own spring no matter how you feel about the imperialism of the united states the bottom line is let's face it it's not going to stop anytime soon. what an r.t. let's now take

a look at some other stories from around the world south korean soldiers have fired at a passenger jet after mistaking it for a north korean military plane it's reported they shot at an asiana airlines plane which had more than one hundred passengers on board the aircraft was undamaged though it's the latest incident highlighting young going to on the border between the two koreas. to decontaminate water at japan's fukushima nuclear plant have been hold it after radiation levels soared above safety limits its fear the water inside the earthquake and tsunami damage facility could spread further radiation into the surrounding environment meanwhile an international atomic agency report has criticised japan for failing to implement essential safety principles in the wake of the disaster. c.b.s. prime minister says his government has to tell the target with rebel something they did not lie he also accused nato of escalating violence in the country amid fresh air raids which saw the reports of five explosions in tripoli thousands of colonel

gadhafi supporters have staged a rally in the capital believed to be one of the biggest since the military operation began. now we continue our journey to the coldest continent on earth and talk to it imagine that dealing with a fierce quiet there leaves little time for religion but artist john thomas discovered bad isn't the case during a visit to the planet southernmost russian orthodox church. perched atop a picturesque a rocky hill overlooking the sea so it's a typical and a tiny russian orthodox church so this scene looks like it could be taken right out of a siberian picture book think again. at the words this is important so far this is the only antarctic station that has a russian orthodox church. in fact the trinity church is the southernmost russian orthodox church on the planet and getting it here was not an easy operation. in

two thousand and two they built the temple from the cedar tree and the church was built and it sat 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 from there it was 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 monks each year but given the extreme climate in which they operate they 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 strong tight walls and special chang's sometimes the rain here comes out as horizontally with the wind blowing so that the water is coming through the cracks but also it can climb up which to leak inside. now 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 wood in a russian architectural tradition. more than just a popular tourist destination the building at billings. station on king george island is a gem of the russian orthodox church and it's a fully functioning facility even performing rare matrimonial honors for those lucky. michele and linda. 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 whilst atlanta was still in russia i got the idea why not have our wedding in this church. one of only two couples to have get married here trinity making their marriage a part of antarctic history. and 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 delegation is secondary but i like this church very much it is very comfortable and you feel very special here the russian tradition in the entire ticket goes back to the very discovery of the continent and according to the russian orthodoxy it is only fitting that there is an official testament to that history. so this church just by its presence speaks volumes for every person not just russian but even for foreigners the presence of a church a means a godly presence in antarctica. a presence that they hope will last for generations to come in antarctica shawn thomas. and i were joined by a match rather to continue our coverage of the same bet as work at a national economic forum.

the sun does not set on the st petersburg international economic forum but today is day three and that means it's the last day to get all the business done and all the speakers spoken all the deals side here in russia's northern capital now the focus of the afternoon has been talking about moscow as a financial hub it is europe's largest city and definitely something that has the potential to be a big deal in a big deal play or any international financial game the idea is to move jobs over a decongestant center of the city move them towards the outskirts of the city in order to free up infrastructure and space for private capital to move in and for the establishment of new business in russia this is something that president medvedev outlined in a keynote address that he gave i here at the conference something that is going to help ease traffic congestion and bring more working professionals into the synth center of the city and towards the new moscow city area that will be helping the

spur of growth and development and hopefully innovation in russia in the years to come over this city is facing it in many many changes as we've heard from one of the gentlemen that we interviewed earlier today just to. see you so i would like to immediately points to. one weakness of the russian financial system which has to be addressed and it's very unique looking. from a global perspective no other major economy in the world house such a tremendous lack of for domestic capital for the for the financial markets being got equities hold bonds and in that sense russia is very unique we've virtually no presence of noises from the sofa and mutual farms which would provide the mystic couple to support the equity market and to provide liquidity for and i think that's a very specific domestic problem to go forward to help to address you know the provide the background for success with creating a financial center and it's. it's extremely important i cannot. wait for size it

because looking back row since ninety eight and two thousand and eight the crisis russia always stands with tremendous volatility which scares away votes this and makes it very difficult to sell russia as an investment case purely because of the void to it to you and i believe the major reason for the volatility he's got a lack of domestic dedicated. ever more perspective on this i'm joined by david gray managing partner for russia from pricewaterhouse coopers thanks very much for joining me so do you agree that a lack of domestic capital is a major problem for russia's financial development i think the fact that so little of the capital the rusher is generating is actually being reinvested in the country is a issue capital is a global commodity and it will flow to wherever it sees the highest most secure over to us and so yes there is an issue for us which is we need to attract more

capital to be invested in the country a lot of that capital comes from domestic sources unfortunately it's leaking out of the system at the moment which is holding us back in terms of development so president medvedev says the payroll tax is set to be lowered next year this is after a hike in january do you think this will boost business what effect do you think that will have clearly any reduction in taxes for business is a positive it means businesses have more free cash that they can reinvest in growing their businesses so yes i think it's a positive thing it's helpful if we have clarity going forward around where taxes are going so businesses can plan ahead of times but any reduction is always positive and the president also said that the establishment of large private businesses for the development of small and medium sized businesses surrounding them and a knock on effect what's your take on that absolutely i think from our perspective one of the areas that we're looking at working very closely with is the small and medium sized enterprises these can be a big driver of in of

a. the job is in the call to me and this is an area where i think we hope to see a lot of progress in russia and finally what do you think it will take to continue spurring russia on economically that's a very big question and i think mr president when he was talking about the issues that he identified there was a number of issues so it's a very broad question rule of law results the importance of encouraging people to have a long term vision about investment in russia is very important tackling some of the key domestic issues in terms of education reform in other areas all of these things that unfolds and i thank you very much for joining us here on our chief business closer but we have some other news to tell you about before you wrap up the business segment the forum is not quite finished yet there are many deals that are being put into place already been two billion dollars in fact worth of deals put to paper here at this in petersburg international economic forum among them philips has signed a memorandum of agreement with the russian atomic agency to establish an eco system

of for nuclear medicine so that's something that's an exciting deal and also ronald young senior vice president of philips had to say much about their collaboration and the hopes of what will come from it. under these partnerships we will not only work together in many factoring in developing. equipment but it is the first time also in history that's a manufacturer will transfer intellectual property and knowledge in the license. to foreign company for investigation that scan ash. and there are many more deals to come even though it's the last day we've still got a few hours to go so that means more news to tell you about the spanish prime minister jose zapatero has announced a number of deals on an eight hundred million euro to be signed between russia and spain prime minister zapatero is as we speak giving his address to the forum so that's something that will tell you more about in the next hour and this includes

cooperation. in the development of railway transport and car components so more on that coming your way stay with us throughout the day here on our team business.

the looming just suit. seventy six hours of intense fighting. six thousand dead in a beach front battlefield several kilometers long. and now there is only one person

who cares. to see we are surrounded by garbage everywhere but also there are. on this beach which of course is a very most appropriate city signification a symbol of everything that's wrong with our goddamn government. owing. to a chair where so many. new battle is going on. we pretend to. return to tara with julian cooper's story on our two. worlds to. review the latest science stimson. from around the world. we go to.

you live from moscow these are the top stories greece's new finance minister takes office with a hard task of convincing people to accept further a stare he cuts as a second wave of bailouts cast a shadow over the future of the eurozone nations like turkey earlier desperate to join off are now having a rethink. president be out of criticize of the state's role in the russian economy and slams corruption for threatening the country's development speaking out the international comic forum in st petersburg he reinstated his commitment to modernization and pledged drastic measures to create a better investment climate in. the e.u. plans a third set of tougher sanctions against syria as a crackdown on protesters continues reportedly claiming at least sixteen lives on friday but some experts warn the sanctions could be paving the way for a libya style intervention. when next there are moscow team takes you on

a tour of the garden.