mix we have to take into account the freedom of movement of labor the freedom of service you know women of service these are all integrated any other so it's not only you know exchange of money or turks turkish new living turkish mirena are 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 it sent 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 one 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. so while the struggle to pull its members out of a destructive default spiral the countries which stuck to their own currencies are breathing a sigh of relief that there's a view from germany too which has always been the chief proponent of the euro those european nations that are not the you're. the right thing whether. there's no way we can avoid a default it will have to be done. with the european community everybody

together if the greeks leave. that is like you know a lot stronger mind you know medium read your way into this is. but if you want to be truly economic you know. things like an economist i think a stress test solution because. once you're out you can. do value and once you can look 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. if you really it's an art say the highly qualified people destined for a low quality life china is booming produces more university graduates than it can cope with churning out thousands of virtually worthless degrees every year as we

discover a bit later. simply this book now though and the leading business and political figures that have been thrashing out how best to avoid another fatal economic meltdown the economic forum wrapped up on saturday in a city where it's also been getting major firms to take a fresh look at investing here in russia he's innocent now he's been there for us. 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 of finland 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 that because about the euro crisis of the currency being weak it's really as they see it the currency is very strong back could of course be too faded 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 it really acts for us and these officials are looking at the economy and optimistic that eventually they will somehow get out of that the main challenge though that europe the european union i should say and russia and countries like conflicts and 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 made today david is going to run for reelection here is what. but when i consider it appropriate to

tell you whether i will do it or not i will come out and say it 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 may want for him as president 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 spoke about what's the plan to build someone like silicon valley institute just down five months ago it's well underway in terms of development a lot of c.e.o.'s of figures here for the three day summit in st petersburg from silicon valley we had eric schmidt. google and they're actually meeting with all of the officials from the scope of my working side by side with them to make sure that this launching moves and develop the fully 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 proves that the way they think that it should be done. right there and they 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 in the frost. this russian orthodox church has wandered far from its home on sean thomas in the end and coming up on r t we explore the world the southern most russian orthodox church. the way to show defines against syria's president assad to see that least another sixteen killed as thousands of people protested in major cities are going to go the e.u. is now loading up to a third round of sanctions likely to target companies dealing in syria's economy this is the united states is 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 to engage in talks and the war activist brian becker told us that

sanctions are going the first step towards a wider action. these new sanctions the third wave of sanctions they're 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 they're 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 rain they're they're they're condoning the crackdown on peaceful protesters i think what's really happening is that syria syria has been targeted by the united states and also in principally by 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 the rest of the world i find is highly inconsistent and is 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. while he could have been if you like played a more consistent role in foreign policy hasn't done but is also a new sort of intervention there with. which is based purely on this desire for

stability is bound to be counterproductive this is 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 that was worth it to wait a minute and in the lives of young people you know did you think this maybe another reason that we're doing it was the reason all. this another takes in america's military motivations as gathered by the resident in a few minutes on a party. many may have enviously watched china's growth but it's proven to be flawed and at least one area the rapid expansion of universities means that cities are now washed with former students on the employment scrap people forced into menial jobs he's henry morton reports now on the rise of china's graduate ghetto. 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 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 of furtively 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 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 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 now though 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 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 but number was six million and it's still growing. at that for 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 done for them you cannot do think for themselves who'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. taken a minute out to tell you what's online tonight at our table cause a wealth of stories and videos there for you to discover like these moving heaven across earth this church on wheels you hear me right is revving up in central russia to bring the light to even the most isolated worshippers now the one to get a lot of clicks of american porn tycoon says there's always room for winner makes an offer to the sexting scandal politician just two stories that are ten dot com delightfully.

fifty. five. tunas he has offered one of exile is a venue for possible talks between the libyan opposition and embattled leader colonel gadhafi but the 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 a more suited 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 things roving reporter the resident new york sidewalk to hear what people think of sending more troops into more countries probably. we're number one in the world or we can us

a house to show the world we 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 of the one better be as we think about. the americans as being some kind of. world police you know even get out your ass stick yes you don't think there's any altieri motive. no oil interests no economic interests no i don't know what do we want to accomplish that. just the safety of the people to which the money and in the lives of the young people you know did you think this is maybe another reason that we're doing it one reason only your 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 are thinking and what they think we want and what we're letting them know that we once. may be 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. 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 die any time fear. more for the resident next week so-called liberal 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 there were said in a forest official say the raid prevented terror attacks across the republican to save many lives all the bombs were destroyed a number of cell phones were also found which could have been used to trigger explosions they say the operator came about after a terror suspect was arrested in the same area midnight eighteen also in the new moscow sick terry in clashes in northern lebanon and 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 protests over the rule of president assad in neighboring syria lebanese sunni a strongly against the regime there while the alawite minority supporters sad who belongs to that in nomination. now work there on the contaminated water at the fukushima nuclear plants been halted after radiation surgical well above safe levels authorities are anxious that the water inside the damage facility could spread further radiation into the environment this as the u.n. atomic energy agency reports criticize japan for failing to put essential safety measures in place in the wake of the disaster dramatic pictures coming your way stunned by a plane 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 goodnesses 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 for your wish him all the best. now 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 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 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 run usual 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 so that the water is coming through the cracks but also it can climb up for it 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 boudin

a russian architectural tradition. more than just a popular tourist destination the building at. george island is an orthodox church and it's a fully functioning facility even performing rare matrimonial honors for those. missions and. i came here for a long stay sixteen months and i had no idea that there was a church in russia. is not a frequent visitor to church but here is some how i started to be before i left russia i promised with one of that i'll bring her here i was not sure how but i promised that i would whilst atlanta was doing russia i got the idea when it's him her wedding in this church. one of only two couples to have get married trinity making gay marriage a part of antarctic history in antarctica sean thomas. beautiful part of the world and it will that little bit anyway will trouble the head this next two we

invite you to take a trip around the capital in a few minutes we'll explore a picturesque ring road this definitely and the president some pages but for all that with the latest on what's happening at the international economic forum that wrapped up. that's right these are the days when the sun doesn't set on russia's northern cop at all 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 president 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 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 for those he believes and he believes that moscow is. position to provide that service is 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 business to go when there are more private business very more capital led to free up congested space in the congested downtown order to bring more economic growth to moscow and

really establish what is as i had said europe's largest city as a major financial hub not just a regional one we talk more about this with a stand from v 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. will be for that actually here in the forum as well as the that is the structure of the legal system. in the russia i think i know this is what he is supposed to make sure that there is season this. he carries and this is this is the business also on the laws the government souls' this i think this will become much of a financial center. but jack are not 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 national system which has to be addressed

and it's very unique looking. global perspective no other major economy in the world it's such a tremendous life for the mystic capital for the. financial markets being got a quick useful office any thoughts on this russia is very unique we were true even though prices are always the sort of patient and mutual funds which will provide them a stick up for the support. it was a market there to provide liquidity for and i think that's a very specific the list of problems of the authorities selfhood chris you know the provide. success with 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 amounting 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 zapatero 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 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 of the earth and the shadow is approaching a whole different. leave early twenty first century military bases a network of military bases all around the forms of the evil empire that the united states is trying to do that'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 them. 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 our bases offline or the noise is our noise and those of all the us at all because they're all bases but for other people it's almost like a cancer here for these people since the end of world war two the spaces i've been . working here to provide a safe and secure environment for everybody. the questions of thing else to get everything you need.

hello this is art international from moscow my name's kevin owen and these are all top stories at midnight thirty moscow time the e.u. agonizes over curbing its catastrophic debt and polluting the bailout budget is other countries once they get to join the plot have second thoughts. how to stop a global crisis happening again when major business and political leaders have discussed just that at the international economic forum and some papers. in syria

faces a third round of e.u. sanctions a bit more deadly anti-government prank downs that sold more than a dozen dead and thousands raged nation. your own view of moscow next for you is modern underexpose 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. it was recently created in the face of hundreds as a tree lined boulevard to replace the city's outer wall today is undeniably the

heartbeat of the russian capital. right next to the moscow river at the famous public outdoor space hog. 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 the facility also known as the cell to a console in russian no visit to the russian capital the famous and chaotic golden ring road by to a starting point a cool keep down to amusement park was named after the writer maxine gorky. bluefins in one hundred twenty eight in covering an area of three hundred acres along the river the outer space is currently undergoing a major renovation it's the perfect place to relax in the city and the perfect place to start our tour. moving anticlockwise around the ring we possibly can and head towards. the station where you can catch the express train to the airport

looking cycling old.