polled don't care about wider economics but about their own personal finances so much economy is actually. important factors that make euro skeptic or euro file the public opinion analysts are 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 movement of labor the freedom of service you know service these are all integrated any other so it's not only you know exchange of money or turks living. here all 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 do ferrand. personally pouring more money into the coffers of irresponsible or inefficient members within creasing tension in the economic mismanagement some forsee big problems ahead economy 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 to some time to come turkey's markets are famous to tourists and traders alike taking that mercantile spirit to europe but one seems 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 so while the e.u.

struggles the polyps members out of a destructive to fold spiral the countries which stuck to their own currencies are breathing a sigh of relief right now and that's the view from germany too there's always been the chief proponent of the euro. those european nations that are not the your will no be much stronger much more because there's the right thing whether it be or there's no way we can avoid a default it will have to be done. with by the european community everybody together if the greeks leave. that is like you know a lot stronger mind you know major region of weight into the system but if you want to be truly konami you know if you want to be treated like an economist. trust the best solution because. once you know your drivel you and once you can do that once your value you can retain 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 that's the beauty of lost. if you manage some of program the highly qualified people destined for a low quality life as we report on china's boom has produced more university graduates and they can cope with shutting out thousands of virtually worthless degrees every year in a few minutes time right now though in some papers but leading business and political figures have been thrashing out how best to avoid another fatal economic meltdown the last session of the economic forum is taking place in the city it's also getting major to take a fresh look at investing here in russia and he said this and now it's been there for. of course the main topic at a session on global financing with european officials there is going to be the euro crisis what has to be aside from the two officials finland's presidents face prime minister both stated that it's not

a euro crisis that the separate countries in the eurozone are having crises and they kind of outlined it because about the euro crisis of the currency being weak it's really as they see it the currency is very strong that could of course be too faded from the president of kazakhstan and president medvedev we heard a little less optimistic things about the euro saying that it could be expected that when so many different states get together and share one currency that eventually they're going to run into problems overall how to do so the session went pretty optimistically president has been pointed out that the economy is a lot like the weather here in st peter's for one day but on the first day of the form you have you to feel sunshine on the next day you have rain and that's how really acts for us in these officials are looking at the economy and optimistic that eventually they will somehow get out of it the main challenge though that you are of the european union i should say and russia and countries like cause accent are facing is not to allow the euro crisis to affect their trade and that's really

what was the focus at this final session it has to be said as well though that the final question actually from the moderator wasn't in fact about money it was the question that was really on everyone's mind and would it come up before the end of the forum and that of course is whether or not president medvedev is going to run for reelection here is what he said. but when i consider it appropriate to tell you whether i will do it or not i will come out and say it but this forum is not the best place for that one thing you can be sure of is that i would be able to avoid making that statement i will have to tell the people of russia and anyone else who's interested about my decision so secret that president medvedev main platform as president and if you run. reelection will certainly be modernization that's what he opened this forum with and this is the best place to really working detail on projects like school come up with the plan to build someone like silicon valley institute just outside moscow it's well underway in development

a lot of c.e.o.'s of yours here for the three day summit in st petersburg from silicon valley we had eric schmidt. and they're actually meeting with all of the officials from the scope of my working signed by side with them to make sure that this project moves and develops the simply as possible so it's a great venue for the movers and shakers as we call them to really get together with these officials and in a very informal manner proof that the way they think it should be done what is in this in our reporting for us a bit more from some petersburg and next politics coming up from business in about fifteen minutes time all the way to how to get a face lift in the frost. this russian orthodox church has wandered far from its home on john thomas. and coming up on r t we explore the world the southern most russian orthodox church. running up more news now few of the later

show defiance against syria's president assad is seen at least in the sixteen people killed as thousands of people protested in major cities urging him to go the e.u. was loading up a third round of sanctions now too likely to target companies dealing in series economy this is the united states is discussed and action in the region with russia moskos condemned the violence calling on both sides to engage in talks but says it will not support any u.n. resolution that may result in intervention antiwar activists baucus says that sanctions only the first step towards a wider action. if it adopts these new sanctions the third wave of sanctions there incrementally ask a lady in 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 they're climbing the escalation letter they have a very sort of selective concern for the lives of protestors and democracy movements or movements that call themselves democracy movements you take their

their their condoning their 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 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 the mideast watches have been telling us that say that the u.s. might talk of public protection but actually it's going to have a different prize. 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 and syria which in my view is completely unjustified it's not necessarily going to turn into a fundamentalist islamic state or anything like 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. which is based purely on this desire for stability is bound to be counterproductive. barack obama gets sued for going into libya without asking congress we asked people in new york whether the war was worth. the wait and in the lives of young people do you think this is maybe another reason that we're doing it the reason all the oil that there's another takes in america's military motivations as gathered by the resident in just a few. many may have enviously watched china's growth but it's

proved to be flawed in at least one area the rapid expansion of universities mean cities and i'll wash with former students on the employment scrap people forced to do menial jobs. reports on the rise of china's graduate ghettos. despite the global slowdown china's economy is booming and cities are expanding at a seemingly unstoppable pace as people look to leave the pool route backgrounds behind in search of the chinese economic miracle and one of the largest groups of people to. in moving into china cities are university graduates like those from this campus in downtown beijing however many are arriving to find their degrees of furch lee worthless 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 thought to be more than one hundred thousand living in beijing alone in june chine is one such ant 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 aunts that are suffering or forcing my appearance 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 chinese 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 going 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 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 and tribes and remorse and r.t. beijing. the story is online tonight it out si dot com we're online all the time twenty four seven with a wealth of stories and pretty if you discover have your say on there right now

moving heaven across take a look at this church on wheels it revving up in central russia the printer might be the most isolated worshipers also this one. out of merican pawn tycoon says there's always room for winner makes an offer to be sexting scandal politician but our team. chooses off of one of its islands as a venue for possible talks between the libyan opposition and embattled leader colonel gadhafi but any negotiations will only go ahead if they're overseen by the african union and russia according to kremlin special envoy to the area he says the rebels see russia as a crucial partner mediating the conflict while growing ever more skeptical of western involvement in president obama's actions in libya meantime of earlier

lawsuit at home he's being accused of violating the constitution leading politicians saying he's breached the time limit for military action abroad without permission from congress parties roving reporter the president took to new york sidewalks to hear what people there think of sending more troops and more countries . we're number one in the world that we can you. he has to show the world he can still do it even though you're going to be the best we can have we can still do it why is that so important to be number one has to be he has to be one no one better be as we think about. the americans as being some kind. of world police you know you think about us dick yes you don't think there's any altieri motive. none at all no oil interests no economic interests no no i don't know what do we want to accomplish then. just the safety of the people to which the

money and in the lives of young people you know did you think this is maybe another reason that we're doing it of course one reason only our reason i don't think it's logical or of the it makes any sense 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. 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 us standing up against their government saying hey bring our troops home i don't 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 is let's face it it's not going to stab anytime soon. the so-called the burra tree of deaths being destroyed in a special operation in russia's north caucasus republic of dagestan around

a dozen powerful homemade bombs were discovered in the underground compound there was hidden in a forest official say the raid prevented terror attacks across the republican have saved many lives all the bombs have been destroyed but also a number of cell phones were found and they say they could have been used to trigger explosions the operation for a terror suspect was arrested in the same area also the news this saturday night sectarian clashes in northern lebanon have killed seven people including a fourteen. the government deployed army troops in the city of tripoli to prevent violence from escalating between sunni and alawite muslims they clashed after protests over the rule of president assad in neighboring syria lebanese the strongly against the regime there while the alawite minority supporters who belong to their denomination. were terminated water at japan's fukushima nuclear plants but halted after radiation surged well above safe levels authorities are anxious that the water inside the damage facility could spread the radiation into the environment that main tire this is the u.n.

atomic energy agency reports criticize japan for failing to put essential safety measures in place in the wake of the disaster. news coming through a stand by planes plunged into the river while they're performing at an air show in poland the only person on board was the pilot was pulled from the water by rescuers and taken to hospital is conditions not show geysers say it's too early to know what caused the plane crash. when it comes to devout religious worship the russian orthodox church will go to the ends of the earth and see this for its faithful flock next hour to sean thomas reports on the same side to the south pole. perched atop a picture ask a rocky hill overlooking the sea so it's a typical end of tiny russian orthodox church so this scene looks like it could be taken right out of a siberian picture book think again but at the world 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 in altai 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 february 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 not just coming through the cracks but also it can climb up or it's 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 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. machines and when. i came here for a long stay sixteen months and i had no idea that the. it 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 been married here at

trinity making their marriage a part of antarctic history in antarctica sean thomas. more travels ahead this next to in the program we invite you to take a trip around the capital in a few minutes and take a closer look at the picturesque when road it's definitely around the city but some papers but before that well that's been happening at the international economic for . these are the days when the sun doesn't set on russia's northern cop at all but it is going down on russia's on the st petersburg international economic forum or president dmitry medvedev capped off the entire event with a address during a panel discussion that he shared with the presidents of finland the prime minister of spain and the president of kazakhstan where they discuss the challenges facing

the global economy the russian president called on all countries to jointly handle challenges facing the global financial system and he said united efforts and policy will help pull countries out of the deadlock and the doldrums that are facing the global financial system he said a key priority for russia in this case is to integrate more with other countries in the global economy and foster better cooperation with all of them and a part of that a keystone of all that he believes is the establishment of moscow europe's largest city as a major financial hub for the global financial system europe is looking toward is looking toward this he believes and he believes that moscow is uniquely positioned to provide that service he's proposed in this case to expand moscow's borders currently seeking to move the jobs of large institutions out towards the outskirts of the city and bring those outskirts of the city not currently incorporated as part of the city system in order to free up space in the city center and downtown

for new business to go when there are more private business to bring more capital and to free up congested space in the congested downtown order to bring more economic growth to moscow and really establish what is as i've said to europe's largest city as a major financial hub not just a regional one we talk more about this with. from the t.v. capital who believes that it is a key thing. to create a good environment for international work in the city center of moscow. i believe one of the main challenges. was referred to actually here in the forum as well as the like is it the structure of the legal system. in the russia i think you know this is what he's supposed to make sure that there is season this. gaze and this business is to do business and also one thing was the government souls this i think will become much of a financial center. but jack are now off from elbrus capital management believes

it's also important to boost domestic capital in russia 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. at global perspective no other major economy in the world such a tremendous slack for the most to capital for the. financial markets being that i could to sell bonds and in that sense russia is very unique we were truly no presence always to the sort of. mutual funds which would provide them a stickup pool to support the equity market there and to provide liquidity for that i think that's a very specific the mystic problems of the authorities selfhood press you know the provide. for success for the creating a financial center of this meeting often being called russia's answer to davos the st petersburg international economic forum of course had a lot of big business that went along with it a part of that fifty contracts having been cited amounted to some seven billion

dollars worth of work that was accomplished here among the deals of philips signed a memorandum of agreement with the russian atomic agency to establish an eco system for nuclear medical research here in the country so that's an important point also as i had mentioned spanish prime minister is up at taro in st petersburg for our work on the conference and russia and spain. working on contracts that were worth some eight hundred million euros when they put pen to paper here in st petersburg among them the countries will jointly build new trains and they are working to develop oil and gas here in russia so that's new business and investment coming into the country always a good thing for the leadership here russia and spain aiming to boost trade to about ten billion dollars a year or so a lot of big business coming out of out of the st petersburg international economic forum on day three of the gathering and that's the business news here on r t stay

with us headlines up next.

today children play war in the old case me. but in june nine hundred forty one these walls were the first barrier from a nazi troops on their way to moscow and. funders of restless were dying one by one under siege. without food or water. in the last shelter an unnamed soldier left a few simple words very well motherland i'm dying but i'm not surrendering. more than a month. in one of the most extreme environments on the planet this is antarctica

and people have to be aware that they are far away from civilization sean told his discovers flight make sense article is so special and attractive for many wildlife in antarctica is a both and friends an. expedition to the bottom of the earth our team. is kevin and it's not at all. with the headline update for you at huff post tell as

it is now your mask of the year you are going to is over curbing its catastrophic debt ballooning budget as other countries ones eager to join the bloc have second thoughts. but how to stop a global crisis happening again major business and political leaders have discussed just that the international economic forum has just wrapped up in st petersburg. syria faces a third round of e.u. sanctions amid more deadly antigovernment crackdowns which saw more than a dozen dead and thousands rage nationwide. and all of you have moscow next does modern hundred six pose arguably one of the most picturesque ring roads you'll find .

hello and welcome to the moscow outsell in the program this week i'll be exploring the capitals. approximately sixteen kilometers friends it was recently created in the face of hundreds as a tree lined boulevard to replace the city's outer wall today it's undeniably the heartbeat of the russian capital i'm a salsa here right next to the moscow river the famous public outdoor space. the golden ring consists of seventeen individually named streets and squares. it's not the same circular layout as the moscow metro a mistake many people commonly make the brown line actually overlaps it in several areas and features metro stations outside this facility also known as the cell to a console in mission new visitor to the russian capital the famous and chaotic golden ring road to a starting point. down to amusement park was named after the writer maxime goalkeeper. bluefins in one hundred twenty eight in covering an area of three.