well this beauty brings down at a speed of more than two hundred kilometers. long should. be you right a night is over kind of traffic that sounds ballooning bailout budget to people in taxi to one's home but the trains of joining the blog i'm beginning to rethink and the reports why. meanwhile the same three drug international economic forum have been discussing how to avoid another global economic meltdown and encouraging major fronts to take a fresh look at the new horizons for investors in rush. hour and we'll bring you to the end of that john toxic air on the most southerly russian orthodox church built in a place you'd least expect. and

welcome to our sea twenty four hour news life from moscow my name is us from our top story now well economic turmoil in the eurozone is tearing up turkey from joining the european union i mean it paul suggested the country wants so keen to join is having second thoughts about its own economy booming while the us is in chaos explains why tech 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 anymore turkey's attitude in short can be summed up very simply very glaring out of the you're right now turks on the street seem to have a wide range of opinions on the euro but their country's 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 really come. to british people are using the euro is an investment to earn money here is a more reliable and turkish money to these people don't want to save their money in the euro. if you invest neuros you get more than libra and 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 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 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 that they can 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 have many or turks living near and the. 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 you friend. be pouring more money into the coffers of irresponsible or inefficient members within creasing tension in the you are economic mismanagement some for seed big problems ahead because only cooperation. based on

a single currency in europe. is all 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 had once seemed like a good idea but with all the riches here it's not in europe a little longer seems like such a profitable move on r.t. istanbul turkey. and while the u.s. travels to pull its members out of a destructive default spiral the countries which started their own currencies are breathing a sigh of relief and that's the view from germany which has always been the chief proponent of. those european nations not be your will be much stronger much more. as it did the right thing. so there's no way we can avoid a default it will have to be done orderly fashion with european community over who

took over if the greeks believe. there is like you know a lot stronger mind major major weight of into the system but if you want to be truly economic you know i cannot think of both these things like an economist i think distrust the best solution because. once you know you devalue or once you can use that once you lose that all you you can regain your competitiveness of the international market this after all it was the example of argentina which broke out of the monetary union with the u.s. dollar as it. is i see hours in a few minutes time for you the highly qualified people destiny to follow quality of life china's boom produces more university graduates than it can hope churning out thousands of virtual rife with degrees everywhere. how to avoid another economic

meltdown that's been the latest topic for discussion at the international economic forum in st peter's by the gathering wrapped up on saturday but also dealt with the horizons for investment in russia and how to give developing countries more clout in the international monetary fund and world bank and it's an hour late. of course the main topic at a session on global financing with european officials there's going to be the euro crisis what has to be aside from the two officials of finland presidents face prime minister post stated that if not the euro crisis that the separate countries in the eurozone are having crises and they kind of outlined that this is about the euro crisis of the currency being weeks 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 though the session went pretty opportunistically president has been 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 you to feel sunshine on the next day you have rain and that's how really acts for us and these officials are looking at the economy and optimistic that eventually they will somehow get out of it the main challenge though that europe 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 stated is going to run for reelection here is what does that. look. but when i consider it appropriate to

tell you whether i will do it or not i will come out and say it in 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 anyone else who's interested about my decision so secret that president medvedev may fight for him as president and if you're wrong. for reelection it 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 over for the plan to build someone like silicone valley institute just outside moscow it's well underway and development a lot of c.e.o.'s of yours here for the three day summit in st petersburg from silicon valley we had eric schmidt. and they're actually meeting with all of the officials from the scope of my work he signed by side with them to make sure that this project moves and develops 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 present the way they think that it should be taught. and most from saying it is the business bulletin about fifteen minutes time and on the way how to get a facelift and then from. this russian orthodox church has wandered far from its home on phone dramas in order to go and coming up on our journey we explore the world the southern most russian orthodox church. the syrian regime has apparently started operation to prevent people from fleeing violence in the country troops backed by times have swept into town very close to the texas border to stem the flow of refugees to taki are human rights activists say they action will prevent food and water reaching some two thousand displaced people while the uni is riding out the set round of sanctions likely to target companies with syrian dealings the us have discussed possible pressure on democrats because of the united

nations with russia but most us as it won't by any resolution that may bring military action and it need least action that's college says that any intervention would be counterproductive. all that torkel for exporting democracy and all that sort of preaching to us of the world i for. and 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 at the 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 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 that is also

a new sort of intervention there were doing which is based purely on this desire for stability is going to be under pressure the counterproductive. still to come as barack obama gets sued for growing into libya without asking congress we asked people in new york whether he was aware that. the waste of money the lives of young people did you think this is maybe another that we're doing a lot of the reason all the oil. this and other takes an american military motivation has gathered by the president in a few minutes. china's economy with double digit growth has been the only made me better rapid expansion of the universities in the country means cities are now awash with too many graduates looking for t.v. jobs and remote and the story. despite the global slowdown china's economy is booming and its 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'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 there are thought to be more than one hundred thousand living in beijing alone in june chin is one such and 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 or forcing my parents and sister went through

a lot of hardship to save them 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 down. part of the problem is that there are simply too many university graduates now entering the system in one thousand nine hundred eighty when their governments began to seriously look at expanding higher education chinese universities that were producing eight hundred thirty thousand graduates a year in two thousand and ten but number was six million and it's still growing. for that to work on the one hand chinese universities are already in a weak state we need them weaker within the rapid expansion so the education received by many of today's graduates is very poor on the other we have a whole generation who are used to having everything done for them and 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 residents 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 own tribes and remorse and r.t. beijing. turned away online all the time at r.t. dot com with a router of stories and videos feed to discolor. living having a concert chattering away all this revving up at a central russia can bring to light even in my eyes i feel a to wash up. and an american porn tycoon has there's always room for a winner and mason not there to the sex scandal politician if.

if . tinnies is ready to host a round table talks between colonel gadhafi and opposition troubles the kremlin special envoy in libya haile marbella says negotiations will only happen on the island of it russia and african union mediator between both sides according to mark vaile of the rebels see russia as a key partner in overseeing the possible talks hundreds have died in both nato as strikes and violence between gadhafi forces and rebels in recent months major has also expressed regret after accidentally targeting opposition forces in the oil city of bragger which has seen fierce fighting and casualty details have been given the nato campaign has also come under pressure in washington president obama has been accused of breaking american law by not asking congress for permission to extend u.s. military involvement the white house says it doesn't need approval. so the u.s.

involvement in the middle east conflict has drawn harsh criticism in america from some quarters and the country wary of yet more drawn out military campaigns far from home and our residents reporter in new york you know we have noticed has been on the streets asking people that he. 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 know the best we can have we can still do it why is that so important to be number one has to be the house to be one no one better be as 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. manager. no oil interests no economic interest no i don't know what do we want to accomplish that. just the safety of the people to

which the money and the lives of young people do you think there's maybe another reason that we're doing it the reason all of you or. i don't think it's logical i don't think it makes any sense great thing there's a big disconnect between what people in government are thinking and what you think we want and what we're letting them know that we once. your 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'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 is let's face it it's not going to stop anytime soon. so called laboratory of death has been destroyed in a special operation 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 prevent the terror across the republican has saved many lines or the bombs have been destroyed a number of cell phones were also found which could have been used to trigger explosive deliberation came about her terror. suspect was arrested in the same area . and also the news seven people including a fourteen year old girl have died in terror in clashes in northern lebanon to the unrest in syria lebanese sunni muslims who strongly oppose syrian president assad clashed with members of the other wide minority who support him as their leader of the violence followed the latest demonstrations against the damascus regime across the border lebanese troops have been deployed in the city of tripoli to prevent more clashes. people have been killed in a suicide of time on a police station in central kabul three insurgents dressed in military uniform stormed a building near the presidential palace with one blowing himself while the others

opened fire on offices they've tied up and says it was responsible that's what follows the disclosure by afghan president hamid karzai you are suppose in secret talks with the militant group hoping to enter into a decade of conflict following the american led invasion. at least eight more people have been killed by lightning strikes and floods heavy rays continue to batter the south of china over one hundred seventy are already dead or missing after some of the worst raise in half a century flooding has already forced nearly seven hundred thousand people from their homes the disaster has been raised to the highest level as the rains are expected to continue. and of easily has heard claims for five convicted prisoners that american amanda knox and her boyfriend did not kill a british student four years ago knox acetic twenty six years after she and her boyfriend were convicted of murder and sexually assaulting meredith along with

a man from the ivory coast. prison inmates including a child killer said that he told them knox and her partner had nothing to do with the killer words for the murdered woman say the evidence from c. it's criminals is baseless. also stunned by the way it has been launched into a river while performing at a national in poland killing the pilot the man who was the only person on board it was an award winning acrobatics expert and commercial airline pilot asher organizers say it's too early to say what caused the plane to crash. the coldest continent antarctica part of russia in winter that's nothing to do with the snow and ice but because it's also home to a russian orthodox church and about it and as unlikely and far away a place as one would expect shaun's thomas reports not from downtown and.

perched atop a picturesque a rocky hill overlooking the sea so it's a typical entirely russian orthodox church 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 that these. 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 but given the extreme climate in which they operate they face extreme challenges as well. because the conditions in

antarctica are unusual with strong winds we need to hold back the power of the wind with strong tight walls and special chang's sometimes the rain here comes out as horizontally with the wind so that the water is not is coming through the cracks but also we can climb up or to leak inside. and our trinity church has become a sort of antarctica landmark even becoming somewhat of a tourist destination for v.i.p.'s and diplomats. no matter who visits this church they always say it's beautiful it's a remarkable church made out of wood in a russian architectural tradition. more than just a popular tourist destination the building at. the irony is a gem of the russian orthodox church and it's a fully functioning for thirty or 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 and rushed. no i was not

a frequent visitor to church but here somehow i started to be before i left russia i promised atlanta that i would brief her here i was not sure how but i promised that i would while sideline was still in russia i got the idea why not have our wedding in this church. or one of only two couples to have been married here at trinity making their marriage a part of antarctic history in antarctica seans minus policy. right now we sweep away rational snow is terra type in a few minutes rather as we make a beeline for the beach but not trad st peters type of for that with all that's been happening on the international economic forum. 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 rushes 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 for 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's system in order to free up space in the city center and downtown for new business to build when there are more private business very more capital a different 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 hub not just a regional one we'll talk more about this with. the t.d. 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. will be for that actually here in the forum as well as the that is infrastructure the legal system. in russia i think

this war please put down to make sure that every season s. . he carries this because this is the business also on the laws the government sells 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. from a global perspective no other major economy in the world such a tremendous lack of the means to capital for the cause of financial market being got i could use it in that sense russia is very unique we were truly no presence always in the sort of page mutual funds which would provide the most a couple supports equity market there to provide liquidity for and i think that's a very specific the mystic probably the go forward to sell food credits you know

the provide for successfully creating the financial side 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 about it 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 but may put pen to paper here in st petersburg called monk 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 our t.v. stay with us headlines up next. day children play war in the.

nine hundred forty one these walls were the first barrier from a nazi troops on their way to moscow. sunders and breasts were dying one by one under siege this. morning. in the land shelter an unnamed soldier left a few simple words. very well mother mum i'm dying and i'm not surrendering. stream cascading from our. view is mr miller.