see the e.u. agonizes over curbing its catastrophic debt and the looming budget as other countries once they get to join the abstract principle. but how distorted global crisis is happening again major business and political leaders discuss just out of the international economic forum and some papers. that syria faces a third round of e.u. sanctions a bit more deadly antigovernment crackdowns which saw more than a thousand dead and thousands of rage nationwide.

closely watching r t it's midnight here in moscow kevin oh 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 the criteria for which means slapping an outright hostile greek public with more austerity cuts this is some countries like turkey which once harbored dreams of e.u. membership are 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 very glad you're not part of the euro turks on the streets 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 so we don't lead them. to fish people are using the year as an investment to earn money here is a more reliable and to get people don't want to save their money in the. universe neuros you get more than euros also stronger than dollars having said that i don't want to risk investing. put 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 me you know an important fact that make euro skeptic or a euro fire the 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 have to think and think the freedom of the moment of labor the freedom of service you know of service these are all integrated

in others so it's not only scenes 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 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 you are economic mismanagement some for c. 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 but 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. so while the struggles pull its members out of a destructive default spiral the countries which start to their own currencies are breathing a sigh of relief that unless a view from germany to which is always been the chief proponent of the euro those europe you know should not be your willowby not. if you did the right thing truly or there's no way we can avoid a default it will have to be done. with the european community reboot

together if the greeks leave. that is like you know a lot stronger mind major major break into the system but if you want to be truly truly economic if you no longer can both be treated like an economist i think you're stressed the best solution because. once you know you devalue and once you can do that once you've done all you. gain your control. of the international market this is after all as the example of courage and you know which programs are going to europe with the u.s. dollar as. if you mean it's all art say the highly qualified people destined for a low quality life china's boom produces more university graduates and it can cope with churning out thousands of virtually worthless in the green every year if we discover a bit later. this in petersburg now though and they're leading business and political

figures they have been thrashing out how best to avoid another fatal economic meltdown the economic forum wrapped up on saturday in the city where it's also getting major firms to take a fresh look at investing here in russia he's innocent now he's been there for us. full force the main topic at a session on caldwell financing with european officials they're going to be the girl price this lot has to be aside from the two officials finless presidents face prime minister post stated that it's not a euro crisis that the separate countries in the eurozone are having crises and they kind of outlined that the talk about the euro crisis the currency being weak is really as they see it the currency is very strong back could of course need to bated from the president of kazakhstan and president medvedev we've 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 it has to be said at the

session went pretty optimistically president medvedev pointing out that the economy is a lot like the weather here in st petersburg one day but on the first day of the form you have beautiful sunshine on the next day you have rain and that's how really experts in these officials are looking at the economy and optimistic that eventually they will somehow get out of that the main challenge so that europe they the european union i should say and russia and countries like kazakhstan 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 if they did is going to run for reelection here is what he. should do 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 that he will now susan trusted my decision both so secret that president medvedev may fight for our presidents and if you're wrong. reelection will certainly be modernization that's what he opened this forum with and this is the best place to really work in detail on projects like school come up with course the plan to build as someone like to a compound lee institute just outside moscow it's well underway in terms of development a lot of c.e.o.'s and figures 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 side by fine 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 matter is that the way they think that it should be done. but listen now and then we have more from us some papers before you in our business bullets in about fifteen minutes time on the channel as well also on the way how to get a face lift and the frost. this russian orthodox church has wandered far from its own i'm drawn from this in antarctica and coming up on r.t. we explore the world the southern most russian orthodox church. the latest show to fines against syria's president assad the scene at least another sixteen killed as thousands of people protested in major cities urging him to go the e.u. is now learning up to a third round of sanctions likely to target companies dealing in syria's economy this is the united states has discussed u.n. action in the region with russia which says it will not support a new u.n. resolution that may result in intervention moscow condemns the violence calling on both sides for gaijin talks antiwar activist brian becker told us that sanctions are going to first step towards

a wider action. 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 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. their 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 a 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.

mideast watches have been telling us that the u.s. may talk of public protection concerns but actually it's got its eyes on a different price all the talk of exporting democracy and all that sort of preaching 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 islamist state or anything like that what we are seeing there are really for freedom and democracy and. what 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 one

to be counterproductive this is the r.t. from moscow still ahead as barack obama gets sued for going into libya without asking congress we asked people in new york whether there was worth it to wait for my knee and in the lives of young people did you think this maybe another reason that we're doing it was one reason all. this another take on america's military motivations as gathered by the resident in a few minutes on party. many may have enviously watched china's growth but it's proven to be flawed in at least one area the rapid expansion of universities means that cities are now wash with former students on the employment scrap people forced into menial jobs he said rewarding reports now on the rise of china's graduate. despite the global slowdown china's economy is booming and it's cities are expanding at a seemingly unstoppable pace and. people look to leave their poor rural 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 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 there are thought to be more than one hundred thousand living in beijing alone in june chine is one such and 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 or forcing my parents and sister went through a lot of hardship to see the money that put me through university i studied hard

and did part time jobs to support myself and i thought well i can find is unskilled part time work so i really feel like i'm letting them down. 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 were producing eight hundred thirty thousand graduates a year in two thousand and ten that number was six million and it's still growing hope that for that one the one hand chinese universities were already in a weak state we lead in weaker with an over rapid expansion so the education received by many of today's graduates has been very cool 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 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. to get a minute out to tell you what's online tonight at our seagull cuomo is a wealth of stories and videos there for you to discover like these moving heaven across earth this church on wheels you hear right is revving up in central russia and of bringing the light to even the most isolated worshippers another one to get a lot of clicks of american porn tycoon says there's always room for we know makes an offer to the sexting scandal politician has two stories about him bill clinton like for. which. fish.

choosier has offered 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 there overseen by the african union and russia according to the kremlin special envoy to syria he says the rebels see russia as a crucial partner mediating the conflict while growing ever more skeptical of western involvement and president obama's actions in libya and in a lawsuit at home he's being accused of violating the constitution leading politicians say he's breached the time limit for military action and without permission from congress party's roving reporter the resident of new york to hear what people think of sending more troops into more countries probably. we're number one in the world over here in usa has 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 he has to be one of the one better be as we think about. the americans as being some kind of. world police you know even if that's true ethic yes you don't think there's any algerian motive. no oil interest no economic interest no i don't know what do we want to accomplish that. just the safety of the people to waste 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 or is it 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 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 thank you

a bring our troops home i don't think that one day that will happen you know there was an arab spring. america will have its own spring no matter how you feel about the imperialism at the united states the bottom line is let's be fair it's not going to anytime there. are more from the resident next week so called the burra tree of death has been 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 that was hidden in a forest officials say the raid prevented terror attacks across the republican it saved many lives all the bombs were destroyed a number of cell phones were also which could have been used to trigger explosions they say your name about it after a terror suspect was arrested in the same area midnight eighteen also in the new moscow six terry in clashes of northern lebanon killed seven people including a fourteen year old the government deployed army troops in the city of tripoli to

prevent the violence from escalating between sunni and alawite muslims they clashed after processed so over the rule of president assad in neighboring syria lebanese sunni a strongly against the regime there while the alawite minority support of sad who belongs to that an organization. now work their own decontamination water at the fukushima nuclear plant spleen halted after a radiation surge well above safe levels authorities around the water inside the damage facility could spread further radiation into the environment this as the u.n. atomic energy agency reports criticized japan for failing to put essential safety measures in place in the wake of the disaster or about it pictures coming your way stunned by playing as managed to plunge into a river while performing at an air show in poland there it goes rescuers pulled the pilot from the water as conditions not yet known as shore going to say it's too early to say what caused the plane to crash the man who was the only person on

board an award winning aerobatics expert and commercial airline pilot we should all the best. now when it comes to devote religious worship the russian orthodox church will go to the ends of the earth it seems for its faithful flock as we find out next from sean thomas reporting on the saintly side of the south pole. perched atop a picturesque a rocky hill overlooking the sea so it's 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 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 was not an easy operation there. 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

team 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 months 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 tight walls and special chang's sometimes the rain here comes out as horizontally with the wind so that water is not just coming through the cracks but also we comply much puts the 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. there will 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. george island is

a russian orthodox church and it's a fully functioning facility even performing where matrimonial honors for those like me are. playing. i came here for a long stay sixteen months and i had no idea that there was a church and russia. was not a frequent visitor to church but here somehow i started to be before i left russia i promise to run a bit here i was not sure how but i promised that i would whilst it when i was still in russia i got the idea why not have our wedding in this church. also insert line or one of only two copies to a get married trinity making their marriage a part of antarctic history in antarctica sean thomas. beautiful part of the world is not without little bit anyway would trouble the head this next to take a trip around the capital in a few minutes we'll explore a picturesque ring road this definitely and. in some places but with all that with

the latest on what's happening at the international economic forum that wrapped up earlier. that's right these are the days when the sun doesn't set on russia's northern capital but it is going down on the 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 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 hold 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 that 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's system in order to free up space in the city center and downtown . business to go when there are more private business to bring more capital and to free up congested space in a 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. i think you create a good environment for international work in the city center of moscow. i believe one of the main challenges. will be for that actually here in the forum as well as the like is it the structure of the legal system. in russia i think i mean this is what he's supposed to make sure that there is season this. gaze this is this is the business one thing was the government souls' this i think the school become much of a financial sense. 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 mediate the points to. weakness of the russian national system which has to be addressed and it's very unique looking. at the full perspective of the major economy of the

world such a tremendous slice of the mystic out so for the. financial market being got a quickie sold off so many thoughts this rush is very unique we were truly you know presidents always the sort of patient mutual funds which would provide the mystique of who supports equity market there to provide liquidity for god and i think that's a very specific the mystic problems of the authorities selfhood chris you know the provide. for success with creating a financial sense 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 now due 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 that the terro in st peter's bird for our work on the conference and russia and spain. working on contracts that were worth seven 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 the 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 form or another socialism has spread the shadow of human regimentation over most of the nations that they are. and the shadow is i'm probing up on all the pretty. early early twenty first century military bases a network of military bases all around the forms of illegal empire that the united states is trying to build that's 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 us. we don't have power 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 the in the last all bases of i say are the noises our north is it doesn't bother us at all because they're all bases where for other people it's almost like a cancer here for those people since the end of world war two these bases have been . working here and should provide a safe and secure environment for everybody. the questions any of thing else that you get everything you needed. to take.