first. of all to tonight the e.u. agonizes over curbing is catastrophic debt ballooning budget as other countries was eager to join the blood of second thoughts. but how to stop a global crisis happening again major business and political leaders are discussing just that the international economic forum that's wrapped up in some papers and we report on it. also syria faces a third round of e.u. sanctions amid more deadly antigovernment crackdowns but seeing more than a dozen dead and sauza is raged nationwide.

all while her from our t.v. just joined us it's eleven pm here in moscow my name's kevin irwin with you this hour in our top story a real war that so greece's latest finance minister sums up the job ahead of him he's been tasked with securing another multibillion euro bailout with criteria for which means stopping an outright hostile greek public with more austerity cuts this is some countries like turkey which once harbored dreams of a huge membership beginning to rethink their plans. 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 anymore turkey's attitude in short can be summed up very simply going up out of the euro took on the street seem to have a wide range of opinions on the euro but their country's doorstep with europe's

economy is worse now turkey says improving turkey is improving in all fields but europe is going backwards so we don't really. think people are using the euro is an investment to earn money here is a more reliable and turkish mining 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 and decisions about the euro people polled don't care about wider economics but about their own personal finance its. economy is actually beyond the important factors that make euro skeptic or euro via the public opinion analysts appealing 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 had that they can think outside the freedom of labor the freedom of

service. of service these are all integrated in others so it's not only exchange of money or turks leading. one thing everyone does agree on is the mess the eurozone is in whereas turkey's economy can knowing percent blast 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 you friend. be pouring more money into the coffers of responsible or inefficient with increasing tension in the economic mismanagement some for see big problems ahead economy corp. a strong

single currency europe. is. going to be history in the 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 one seemed like a good idea but with all the riches here it's not in europe you know longer seems like such a profitable move tom dart an r.t. istanbul turkey. so while the e.u. struggles of political members out of a destructive default spiral the countries which stuck to their own currencies are breathing a sigh of relief and that's indeed a view from germany too that's always been the chief proponent of the euro. european nations not to your. world there's no way we can avoid it before it will have to be done. with the

european community everybody together if the greeks leave. as that is like you know like stronger mind. read your way into the system but if you want to be truly. alone we could both be treated like an economist i think is trying to suppress solution because. once. and once you can do that once you've done all you you regain your competitiveness of the international market does that cause the example project she never got of the monetary union with the us dollar as the. if you minutes of the program the highly qualified people destined for a low quality life china's boom this produced more university graduates and it can cope with churning out thousands of virtually worthless degrees every year as we

report of a program that's ahead then but next. in some petersburg leading business some political figures have been thrashing about how best to avoid another fatal economic meltdown the last session of the economic forum's taken place in the city it's also been getting major firms to try to take a fresh look at investing in russia but isn't this a no reports. of course the main topic at a session called for financing with european officials going to be the euro crisis is thought to be so from that she would fish in those presidents phrase prime minister both stated that it's not a euro crisis that separate countries in the eurozone are having crises and they kind of why we talk about the euro crisis of the currency being weak is really at the. see if the currency is very strong back 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 enough to be said at the session went pretty optimistically the president is ready for taking 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 at first in these officials are looking at the economy and optimistic that eventually they will somehow i get out of that the main challenge though that europe the european union i should say and russia 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 the 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 the past 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 i'm going to announce who's interested about my decision so secret that president medvedev may want for him as president and if you run for reelection it 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 spoke of course a plan to build a somewhat like us to a confound lee institute just outside moscow it's well underway in france and it's development a lot of c.e.o.'s and figures here for the free day summit in st petersburg from silicon valley we had eric schmidt. and there are actually meeting with all of the officials from the scope of my working find my find with them to make sure i get this on check and develop 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 matter proof that the way they think it should be to. bring you some today then it's even more from some point is going to four two in our business posts in about fifty minutes time tonight also on the way to get a face lift in the from. this russian orthodox church has wandered far from its home i'm sean from here and coming up on r t we explore the world the southern russian orthodox church. bring if there was more news before the latest show of defiance against syria's president assad sit at least of the sixteen people killed as thousands of people protested in major cities are going to go the e.u. is learning of a third round of sanctions too likely to target companies dealing in syria's economy meanwhile the united states has discussed u.n. action in the region with russia which says it will not support any one resolution that may result and intervention moscow condemns the violence calling on both sides

when gauging talks of the war activists back here says that sanctions are only the first step towards a y. direction. the e.u. 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 in libya where one step leads to another step there climbing the escalation later they have a very sort of selective concern for the lives of protesters and democracy movements or movements they call themselves democracy movements take bahrain they're they're they're condoning the crackdown on peaceful protesters i think what's really happening is that syria syria has been tough. we get it by the united states and also in principally 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 watchers have been telling us that the u.s. may talk of public protection concerns but actually the sort of different projects . all the talk of exporting democracy and all that sort of preaching the rest of the world i find is highly inconsistent and is hypocritical and in the case of syria in particular i think the us 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. could have been if you like played a more consistent role in foreign policy has and. also any sort of

intervention there with. which is based purely on this desire for stability is bound to be counterproductive and in the program as barack obama gets sued for going into libya without asking congress we asked people in new york whether they think the was worth it. to waste their money and the lives of young people you know did you think this is maybe another reason that we're doing it what was the reason all of. this and other takes on america's military motivations as gathered by the president in just a few minutes time here on r.t. . really may have enviously watched china's surging growth but it's proven to be flawed at least one area the rapid expansion of universities means cities and wash with former students on the employment scrap people forced into menial jobs henry morton reports on the rise of china's graduate ghettos.

despite the global slowdown china's economy is booming and its cities are expanding at a seemingly unstoppable pace as people look to leave the pool ruled backgrounds behind in search of the chinese economic miracle. and one of the largest groups of people currently moving into china's cities are university graduates like those from this campus in downtown beijing however many are arriving to find their degrees are virtually 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 they're a force of the 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 are suffering or forcing 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 and i thought all i can find is unskilled part time work so i really feel like i'm letting them die on. 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 governments began to seriously look at expanding higher education chinese universities were producing eight hundred thirty thousand graduates a year in two thousand and ten that number was six million and it's still growing but let's hope that it's true that on the one hand chinese universities are already in a weak state we lead in weaker with an overall rapid expansion so the education received by millions today's graduates is very poor on the other we have a whole generation who are used to having everything going for them and cannot do

think for themselves he's going to give people like this work. with reports of rioting taking place in some tribal 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. of course online all the time without see the top card with a wealth of stories and reviews for you to discover there the chance to have your say about what you see on this channel there right now moving heaven across the earth take a look at this church on wheels and when the right is revving up in central russia to bring the light to even the most isolated worshippers of our top stories now i get a lot of clicks also american all the time who say there's always room for a winner and makes an offer to the sexting scandal politician at r.t.

dot com. if. if if. if. today as he was offered one of its islands as a venue for possible talks between the libyan opposition and in battle the leader colonel gadhafi but any negotiations will only go ahead if there overseen by the african union or russia according to the kremlin special envoy to the area he says the rebels see russia as a crucial partner in mediating the conflict while growing ever more skeptical of western involvement and president obama's actions in libya meantime of a lawsuit at home he's being accused of violating the constitution leading politicians say he's breached the time limit for military action abroad without permission from congress parties roving reporter the resident took to new york sidewalks to hear what people there think of sending more troops into more

countries problems. we're number one in the world are we in u.s. house to show the world we can still do it even though the economy is not 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 of the one where we think about. americans as being some kind of. world police you know anything about us yes i don't think there's any algerian motive. no oil interests no economic interest no no no no what do we want to accomplish than. just the safety of the people to which the money and the lives of young people you know keeping this is maybe another reason that we're doing it of course one reason only. i don't think it's logical or of the 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. maybe our priorities are 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 out i think you 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 stop anytime soon. the so-called liberal 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 it was said in the forest that officials say the raid prevented terror attacks across the republic and it saved many lives all the bombs have been destroyed i don't number of cell phones were also found which they say could have been used to trigger

explosions your question came about after a terror suspect was arrested in the same area also making news this saturday night six terror. and clashes in northern lebanon have killed seven including a fourteen year old girl the government deployed army troops in the city of tripoli to prevent violence from escalating between sunni and alawite muslims they've clashed after protests over the rule of president the south in neighboring syria lebanese sunni a strongly against the regime there while the alawite minority support who belongs to their denomination. called the contaminated water of japan's fukushima nuclear plants but halted after radiation surged well above safe levels authorities there are anxious now that the water inside the damage facility could spread further radiation into the environment this as a u.n. atomic energy agency reports criticized japan for failing to put essential safety measures in place in the wake of the disaster dramatic pictures coming up stung by playlist plunged into a river while performing at an air show in poland the only person on board was the

pilot who was pulled from the water by rescuers and think at a hospital we don't know his condition tonight the air show organizers say it's too early to find the cause of the crash. when it comes to devout religious worship the russian orthodox church will go to the ends of the earth it seems for its faithful flock artie's sean thomas reports next on the saintly side to the south pole. so. atop a picturesque a rocky hill overlooking the sea sits a typical in 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 and started 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 these all 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 such strong 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 it can climb up which 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 architecture more traditional. more than just a popular tourist destination the building at. george island is a gem of the russian orthodox church and if a fully functioning facility even performing rare 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 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 at trinity making their marriage a part of history in antarctica sean thomas. we were some of us for their future to come up in a few moments not the significance of the new south stream gas pipelines in the

spotlight not to fill the business update that with my present in some papers but international economic forum next. that's right these are the days when the sun doesn't set on russia's northern calif at all but it is going down on a rush is 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 discussed 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 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 said europe's largest

city as a major financial hub not just a regional one we talk more about this with. v t v capital who believes that it is a key thing. you create a good environment for international work in the city center of moscow. i believe one of the main challenges. was we've heard that actually here in the forum as well as the lack of infrastructure the legal system. in russia i think a nice of this piece of it is to make sure that there is still isn't this. the gaze of this business is to do business in moscow one thing the government souls this thing that the school will become much of a financial center. but jack are in awe from elbrus capital management believes it's also important to boost a message to capital in russia 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 lack of for the most capital for the for the of financial market being of a quick peaceful process and in that sense right she's very unique we were truly no presence or exist in the sort of british mutual funds which would provide the mystique of proof to support it with the market there to provide liquidity for the i think that's a very specific domestic problem the go forward you selfhood chris you know the provide for success with creating a financial sense for 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 out into some seven billion dollars worth of work that was accomplished here among the deals phillips signed a memorandum of agreement with the russian atomic agency to establish an ecosystem for nuclear medical research here in the country so that's an important point also

as i had mentioned spanish prime minister zapatero in st petersburg for our work on the conference and russia in spain. working on contracts that were worth some eight hundred million euros when they put pen to paper right 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.

to a substantial degree and one problem or another socialism has spread the shadow of human regimentation over most of the nations that they are. and the shadow is encouraging all over. the early twenty first

century military bases a network of military bases all around the forms believe empire that the united states is trying to build it's astonishing most americans have no idea there are more than a quarter of a million or more than two hundred fifty thousand u.s. troops stationed on these bases all around us. we don't have foreign bases in 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 cross our bases of i mean are the noises our north as it doesn't bother us at all because they're all bases but for other people it's almost like a cancer here from spain. since the end of world war two the spaces i've been. working here.