the u. agonizes other catastrophic debts and ballooning bailout budget people in turkey who ones the dreams of joining the blog beginning to rethink the report why. now while the st petersburg international economic forum has been discussing how to avoid another global economic meltdown and encouraging major funds to take a fresh look at the new horizons for investors in rush. hour and we bring you to the end of the hour to antarctica on the most southerly russian orthodox church bills in a place you'd least expect. news

from russia and around the world this is all see with me your lesson from our thanks for joining us economic turmoil in the euro zone is turning up to you from joining the european union opinion poll suggests that the country wants so keen to join is having second thoughts with its own economy booming while the us is in chaos his time boston explains why he has gone cold on the idea. if you talked about turkey in the e.u. ten years ago turkey's hopes of joining would have been inseparable from joining the euro not any more turkey's attitude in short can be summed up very simply the very glaring up out of the euro took 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 say we don't really have. to push people are using the euro is an investment to earn money here is a more reliable and turkish money people don't want to save their money in the euro . few invest in euros you get more than lira the euro is 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 finances. to me is that in the beyond the important factor that will make euro skeptic or euro via 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 take into account 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 you know exchange of money or turks turkish near leading traitors in iran are the things you're 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 and others economic disasters have meant appeals for bailouts this makes it difficult for national governments to you friend. possibly pouring more money into the coffers of irresponsible or inefficient members with increasing tension in the movie economic mismanagement some for see big problems ahead economy cooperation. based on a single currency 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 at once seemed like a good idea but with all the riches here it's not so europe no longer seems like such a profitable move tom barton r.t. istanbul turkey. and while the use travels to pull its members out of the destructive default spiral the countries which stuck to their own currencies are breathing a sigh of relief and that's only from germany which has always been the chief proponent of the euro. those european nations are not to be your. if those are the rights. of the world so there's no way we can avoid a default it will have to be done orderly fashion with european community everybody

together if the greeks believe. there is like you know it's stronger more you need you need your way into the system but if you want to be truly economical you know canonical thinks like an economist i think is trust the best solution because. once you know you you draw you and once you can do that once you've done all you you retain your competitiveness of the international market this after all it was the example of the correction to know which broke out of the dollar to the u.s. dollar. this is r.t. earned in a few minutes a highly qualified people destined for a low quality life china is being produces more university graduates and it can crowd churning out thousands of that surely wife has degrees every year.

how to avoid another economic meltdown that's been the latest topic for discussion at the international economic forum in france because by the gathering wrapped up on saturday but also doubt what the horizons for investment in russia are how to get developing countries more clout in the international monetary fund and world bank and he said now in a forum for a full course the main topic out especially in kabul financing with european officials there is going to be the euro crisis a lot has to be aside from the two officials in those presidents phrase prime minister paul stated that it's not the euro crisis that the separate countries in the eurozone are having crises and they kind of why i said before the top about the euro. prices for the currency being weak is 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 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 and 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 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 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 and then he will know susan trusted about my decision so secret that president medvedev may run for him as president and if he runs for reelection it will certainly be modernization that's what he opened this forum with and this is the best place to really working to tell on projects like school of which of course the plan to build a somewhat like silicone valley institute just outside moscow 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 peter's. 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 side with them to make sure i get this project moves and develop the sickly 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 done. and from st petersburg in our business bulletin in about fifteen minutes time. and on the way to get f. for us. this russian orthodox church has wandered far from its home i'm trying. to go and coming up on our do we explore the world southern most russian orthodox church. the syrian regime has apparently started an operation to prevent people from fleeing violence in the country troops backed by turns have swept into town very close to the border to stem the flow of refugees to karaoke human rights activists say the action will prevent food and water reaching some two thousand is plenty of people meanwhile b.b.q. is lining up the third round of sanctions likely to target companies with syrian dealings the us has discussed possible pressure from moscow said the united nations

with russia but most because it won't block any resolution that may bring military action middle east expert says that any armed intervention would be counterproductive. all the local for exporting democracy and all that sort of preaching 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 out but at same time mortified by what the alternative would be in syria which in my view is completely unjustified it's not necessarily going to turn into a fundamentalist islamic states or anything like what we are seeing there are really. nations for freedom and democracy and. why people could have been if you like played a more consistent role in foreign policy has and that is also a new sort of intervention there with. which is based purely on this desire for

stability is to be counterproductive. still to come as barack obama gets suitable growing into a leader without asking congress we asked people in new york what it was worth it. so wait a minute. the lives of young people you know did you think this is maybe another reason that we're doing it the reason all the oil or is it. that this and that it takes on america's military motivation as has gathered by the resident in a few minutes. china's economy with double digit growth has been the only of many rapid expansion or you know about this isn't the country means some cities are now a wash with too many graduates looking for t.v. jobs and remote and the story. despite the global slowdown china's economy is booming and that cities are expanding at a seemingly unstoppable pace as people look to leave their poor rule backgrounds

behind in search of the chinese economic miracle and one of the largest groups of people currently moving into china cities are university graduates like those from this campus in downtown beijing however many are arriving to find their degrees of 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 tribes and there are thought to be more than one hundred thousand living in beijing alone in june chine is one sergeant shares a twenty square meter room with five other grad. it's 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 ends that are suffering for my parents and sister went through a lot of hardship to see if the money even put me through university i studied hard

and did part time jobs to support myself you know the 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 were producing eight hundred thirty thousand graduates a year in two thousand and ten that number was six million and it's still growing a lot that is true that the one on the one hand chinese universities are 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 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 and 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 and cites for china's and tribes and remorse and r.t. aging. and we are online for you all the time at r.t. doc home with a wealth of stories and views to discover so let's take a look. moving have an across south is charging a will there's a revving up in central russia to bring the lights to even the most isolated washer that is. around an american pawn tycoon says there's always room for we know our own makes an offer to the sex scandal politician.

denise is ready to host roundtable talks between colonel gadhafi and opposition rebels the ground in special envoy and leave them hail mary gallup says negotiations will only happen on the island of job if russia and the african union mediate between both sides according to our gallop the rebels see russia as a key partner in overseeing the possible talks hundreds have been have died in both nato airstrikes and violence between productive forces and rebels in recent months nato has also expressed regret after accidentally targeting opposition forces in the old city of gregor which has been which has seen fierce fighting now casualty details have been given the nato campaign has also prone to pressure in washington where president obama has been accused of breaking for american by not asking congress for permission to extend u.s. military involvement the white house says it doesn't need approval. and u.s. involvement in the middle east conflict has drawn harsh criticism in america from

some quarters in a country where of yet more long drawn out military can paint is far from home and our resident reporter in new york laurie hartnett's has been on the streets asking people that use. we're number one in the world are we going to show the world we can still do it even though you know the best we can have we can still do it why is that so important to be number one has to be possibly one of the one we think about. americans as being some kind of the world police you know you think about us yes you don't think there's any at all teary emotive. no oil interest no economic interest no no i don't know what do we want to accomplish that. just the safety of the waste of money and the lives of young

people you know would you think there's maybe another reason for doing it one reason only or whatever reason i don't think it's logical i don't think it makes any sense greg 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. had maybe our priorities just aren't the same so you have all these countries in the middle east where the people are standing up against their government why aren't people in the u.s. standing up against their government saying hey bring our troops home i'd like to think that one day that will happen you know there was an arab spring maybe the america will have its own spring no matter how you feel about the imperialism of the united states the bottom line and let's face it it's not going to stop anytime soon. a so-called liberal tree of death has been destroyed in a special operation russia's north caucasus republic of dagestan around a dozen powerful homemade bombs were discovered and down the ground hundred pound that was hidden in

a forest official say the raid prevented terror attacks across the republic has saved many lives all the bombs have been destroyed a number of cell phones were also found which could have been it used to trigger the racial volatile. but for the rest of the area. also in the news tonight seven people including a fourteen year old girl have died in sectarian clashes in northern lebanon linge to them dressed in syria lebanese sunni muslims who strongly oppose syrian president assad clashed with members of the other white a minority who support him as their leader and that violence followed then later the demonstrations against the damascus regime across the border lebanese troops have been deployed in the city of tripoli to prevent more clashes. nine people have been killed in a suicide of tired going to police station in central kabul three insurgents dressed in military uniforms stopped the building stormed the building near the professional presidential rather pilots with one blowing himself up while the

others opened fire on officers the taliban says it was responsible for those the disclosure by our going for has been tommy because i was in secret talks with the militant group hoping to under the decade of conflict following the american led invasion. decontaminating water japan's fukushima nuclear plant has been halted after radiation surged well about safe levels authorities are anxious that the water inside the damaged facility could spread further contamination intervening environment meanwhile a u.n. atomic energy agency report has criticized japan for failing to put essential safety measures in place in the wake of the disaster. at least eight more people have been killed by lightning strikes and floods in heavy as heavy rains continue to batter that south of china over one hundred seventy are ready dead or missing after some of the worst rains of half a century flooding has already forced nearly seven hundred thousand people from their homes the disaster has been raised to their highest level as the brains are

expected to continue. to stand by a plane has plunged into a river while performing at an ash in poland could. in the pilot the man who was the only person on board was an award winning arab batiks expert and commercial airline pilots show organizers say it's too early to say or cause the plane to crash. the coolest continent on earth antarctica may look like parts of russian winter it's nothing to do with snow and ice but because it's also home to a russian orthodox church in about as i lightly and far away a place as one would expect and she told us records from the downtown. so. perched atop a picturesque or rocky hill overlooking the sea so it's a typical in a tiny russian orthodox church though this scene looks like it could be taken right out of a siberian picture book think again. at the work 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 in here was not an easy operation. if they don't go through in two thousand and two they built a 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 months each year 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 so that the water is not just coming through the cracks

but also a comply mumford'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. there were 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 a gem of the russian orthodox church and it's a fully functioning facility or even performing where matrimonial honors for those like me. and when. i came here for a long stay sixteen months and i had no idea that there was. 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 also plan i was still in russia i got the idea why not have our wedding in

this church. one of only two couples to have it married here trinity making their marriage a part of antarctic history you know started to sean's on us policy. and more travels i had this next half hour to so we take a trip around the capital in a few minutes when we explore up and trust a ring road that's definitely an eye opener but not traffic and same peers not before that with all that's been happening and the international economic for. 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 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 discussed the challenges facing the global economy the russian president called on all countries to jointly have all 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 part of that a keystone of all that he believes is the establishment of moscow for europe's largest city as a major financial hub for the global financial system europe is looking toward is looking for 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 system in order to free up space in the city center and downtown for a new business to go when there are more private business every more top of the ledger free of congested space in the congested downtown order to bring more economic growth to moscow and really establish what is as i've said europe's largest city as a major financial hold not just a regional one we'll talk more about this with us 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. was before that actually here in the forum as well as the that is infrastructure that legal system. in russia i think this is what he's supposed to make sure that there is season this. the gaze of this business is to do business in moscow one thing once the government

souls' this i think it will become much of a financial center. but jack are not 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 national 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 life for them is the capital for the. financial market being that i could useful in that sense russia is a very unique we were truly no presence coexistence of page and mutual funds which would provide the mystique of who supports what you market there to provide liquidity for and i think that's a very specific the list of problems of the authorities so the threats you know the provide for successfully creating a financial system for this meeting often being hold 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 of just 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 petersburg for our work on the conference and to russia in 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. 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

pro-choice on the for. the early twenty first century military bases a network of military bases all around the forms of the 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 fallen bases 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 crossed our bases are fine there 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 you can see here for these few days since the end of world war two the spaces have been.