that is speed of more than two hundred kilometers. that along. with. the other night is over catastrophic deaths and ballooning very large budget people in tokyo for one's home but dreams of joining give it over again to a think or report wife. while the st petersburg international economic forum has been discussing how to avoid another global economic meltdown under encouraging major problems to take a fresh look at the new horizons for investors in russia. and bring it to the end of that john told seek out on the most southerly of russian orthodox church building the place you'd least expect.

it and welcome to all see twenty four hour news live from moscow iran you dashed off our top story economic turmoil in the eurozone is turning up turkey from joining the european union opinion poll suggests that the country wants so came to join is having second thoughts with its own economy booming while the us is in chaos on bottom explains why the tide 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 vaguely are going to part of the euro took 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 say we don't really come. to fish people are using the year as an investment or 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 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 finance its. economy is actually beyond the important factor that makes euro skeptic or a euro five the public opinion analysts are keen to point out that further economic integration into europe doesn't just mean money and that people shouldn't only think about their pocketbook economics they have to take into account the freedom of labor the freedom of service you know service these are all integrated in

others so it's not only exchange 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 so and others economic disasters have mentioned. heels for bailouts this makes it difficult for national governments to do for. possibly pouring more money into the coffers of irresponsible or inefficient with increasing tension in the movie economic mismanagement some for see big problems ahead economy cooperation. based on a single currency in europe. is. going to be history

in the near future meaning that turkey will likely remain 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 so europe in no longer seems like such a profitable move dumbarton r.t. istanbul turkey. and while the years travels to pull its members out of it 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 the euro. all those european nations not be your will no be much stronger. because those are the right thing rather than truly world 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 leave. as that is like you know like a straw in their mind or major major break into the system but if you want to be truly economical you know if you want to cut both of you like an economist i think there is trust trust solution because. once you know you. really are once you can lose right once you've done all you you can regain your country to focus on the international market this after all as the example for argentina which broke out of the dollar to the u.s. dollar that's the beauty of. the facility and in a few minutes a highly qualified people destined to follow quality life china is being produces more university graduates and it can crowd wave. churning out thousands of virtually worthless degrees everything.

how to avoid another economic meltdown that's been the latest topic for discussion at the international economic forum in st because they got nothing wrapped up i thought today what also dealt with the horizon spring vestment in russia and how to get developing countries more clout in the international monetary fund and bank and it's an hour north of the fore. of course the main topic out a session on cultural financing with european officials there's going to be the euro crisis what has to be aside from the two officials finless presidents face prime minister post stated that it's not a hero 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 that could of course be too faded from the president of kazakhstan and president medvedev we heard a little less optimistic things about the euro saying that it could be expected

that when so many different states get together and share one currency that eventually they're going to run into problems overall has to be said at the session went pretty optimistically resumes ready for taking out that the economy is a lot like the weather here in st peter's for one day but on the first day of the form you have 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 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 hour the final session it has to be said as well though that the final question actually from the moderator wasn't in fact about money it was the question that was really on everyone's mind and would it come up before the end of the forum and that of course is whether or not president medvedev is going to run for reelection here is what he said. but when i consider it

appropriate to tell you whether i will do it or not i will come out and say it but this forum is not the best place for 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 main front for our presidents and if you're wrong. the real action will certainly be modernization that's what he's hoping this forum with and this is the best place to really work in detail on projects like school of the woods or the plan to build someone 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 petersburg from silicon valley we had parents. and they're actually meeting with all of the officials from the so-called i work you signed by side 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 present the way they think it should be done. and move for you from st petersburg business bulletin and about fifteen minutes time. home the way how to get at lived in the frost. this russian orthodox church charles wandered far from its whole months on thomas in antarctica and coming up on r.t. we explore the world's southern most russian orthodox church. the syrian regime has apparently started an operation to prevent people from fleeing violence in the country troops bunch my tongue's have swept into town very close to the turkish border to stem the flow of refugees to attacking human rights activists say the action will prevent food and water out reaching some two thousand displaced people would be used lining up

a third round of sanctions likely to target companies with syrian dealings he was discussed possible pressure on damascus said the united nations with russia but also says it won't find any resolution that may bring military action and middle east expert sharon who says that any armed intervention would be counterproductive . although it's a local for exporting democracy. and all that sort of preaching the 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 put 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 for freedom and democracy. while he could have been if you like played

a more consistent role in foreign policy hasn't but is also a new sort of intervention there with. which is based purely on this desire for stability is to be counterproductive. to. get going into libya without asking congress we ask people. to waste their money the lives of the young people do you think there's maybe another reason why we're doing it the reason all the oil. so this and other takes and america is a military motivation as gathered by the president in a few minutes. china's economy will double digit growth has been the envy of many rapid expansion of universities in the country means that now awash with too many graduates looking for t.v. jobs and remoter 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 paul rural backgrounds behind in search of the chinese economic miracle and one of the largest groups of people curry 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 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 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 and i thought i can find is on skilled part time work so i really feel like i'm letting them in their own. 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 but. on the one hand chinese universities are already in a weak state we've been 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 and 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 the measures being discussed include limiting residents permits to skilled professionals and introducing electronic i.d. 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 i'm also an r.t. beijing. and we are online all the time at r.t.l. car with a wealth of stories in the media. that have a. movie how to call sad face charges we all favor reading out in front on russia to bring to light even the most i think. and an american point there's always room for wiener and it makes you know that the sex scandal. is.

if if. if. tinnies is ready to host a round table talks between colonel gadhafi and opposition rebels the kremlin special envoy. said negotiations will only happen on the island if russia and the african union mediator between both sides according to the rebels see russia as a key partner you know the scene the possible talks hundreds have died in both nato airstrikes and violence between gadhafi forces under rebels in recent months nato has also expressed regrets after accidentally targeting opposition forces in the oil sands no brag which has seen fierce fighting casualty details have been given to nato campaign has also come under pressure in washington where president obama has been accused of breaking american rule by noon time on words for permission to extend u.s. military involvement the white house says it doesn't need approval. he has

involvement in the middle east conflict has drawn harsh criticism in america from some quarters and phone tree wary of yet more long drawn out military campaigns from all from home and our resident reporter a new yorker who are often it's has been on the streets are asking people that. we're number one in the world or we can us 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. even get the truth stick yes you don't think there's any algerian motive. none at all no oil interests no economic interest no no no no 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 did you think there's maybe another reason that we're doing it one reason only zero or whatever the reason i don't think it's logical i don't think it makes any sense a great thing there's a big disconnect between what people in government are thinking and what they think we want and what we're letting them know that we once. had 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 are people in the u.s. 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 maybe that 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. so-called nebra tree of death has been destroyed in a special operation russia's north caucuses republic of dagestan around

a dozen powerful homemade bombs were discovered and down the ground compound that was hidden in a forest officials say the rape or vent of terror acts across the republic and her saved many lives order golems have been destroyed a number of cell phones were also found which could have been used to treat explosions their operation came about after a terrorist. it was arrested in the same area. also in the news this hour seven people including a fourteen year old girl have died in sectarian clashes in northern lebanon links to the unrest in syria lebanese sunni muslims who are strongly opposed syrian president assad clashed with members of the other white minority who support him as their region ivana's followed the latest demonstrations against the demands because regime across the border the binny's troops have been deployed in the city of tripoli to prevent more clutch. well being killed and it says an attack on a police station in central kabul thirteen soldiers dressed in military uniforms

stormers the building in the presidential palace with one blowing himself up with others while others opened fire on offices in evidence as they tire of and rather says it was responsible that time follows the disclosure by afghan president hamid karzai that the u.s. was in secret talks with the militant groups hoping to earn the decade of conflict in that invasion. pleased eight people have been killed by lightning strikes and floods as heavy rains continue to batter the south of china over one hundred seventy already dead or missing after some of the worst rains and half a century flooding has already force nearly seven hundred thousand people from the disaster that has been raised to the highest level of the rains are expected to continue. an appeal has heard claims from five convicted prisoners that american amanda knox and her boyfriend did not kill a british student four years ago knox is serving twenty six years after she and her

italian ex-boyfriend were convicted of murder and sexually assaulting meredith along with a month from the ivory coast rue de de de soto five prison inmates including achieve a child killer said that the date told them knox and her partner had nothing to do with it really or of the lawyers for the murdered woman say the evidence from serious criminals. bracelets. stunned by blade has lunged into everybody while performing at an air show in poland killing the pilot the man who was the only person on board it was an award winning arab out exact spot and commercial airline pilot so i show organizers say it's too early to say what caused the plane to one. because continent on earth antarctica may look like parts of russian winter and that's nothing to do with the snow and ice but because it's also home to a russian orthodox church and about as unlikely as far away a place as one would expect sean thomas reports now from downtown and. so.

atop a picturesque a rocky hill overlooking the sea sits a typical in a tiny russian orthodox church so this scene looks like it could be taken right out of a siberian picture book think again. the word this is important so far this is the only answer to a 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 anti the church was built and it sat there for a while until the end of two thousand and three they numbered all the parts every beam was disassembled and they transported it to kaliningrad from there it was shipped all the way here to antarctica since feb fifteenth two thousand and four the church has been officially up and running with the orthodox church providing a staff of two specially trained monks each year but given the extreme climate in

which they operate they face extreme challenges as well. because the conditions in antarctica are unusual with strong winds we need to hold back the power of the wind with such strong tight walls and special chang's sometimes the rain here comes out as horizontally with the wind blowing so that the water is not just coming through the cracks but also it can climb up which to leak inside. and out trinity church has become a sort of antarctica landmark even becoming somewhat of a tourist destination for v.i.p.'s and diplomats. no matter who visits this church they always say it's beautiful it's a remarkable church made out of good in a russian architectural tradition. more than just a popular tourist destination the building at thousands gratian on george island is a german russian orthodox church. proclaiming for thirty even performing where matrimonial honors the prilosec. i came here for a long stay sixteen months and i had no idea that there were. as

a church and russia i was not a frequent visitor to the church but here somehow i started to be before i left russia i promise atlanta that i'll bring her here i was not sure how but i promised that i would whilst atlanta was still in russia i got the idea why don't have our wedding in this church. also inside one of only two couples to have been married here at trinity making their marriage a part of antarctic history in antarctica sean thomas. the next trend in think it is. all that's been happening at 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 a rush is on the st petersburg international economic forum or president dmitry

medvedev capped off the entire event with a address during a little discussion that he shared with the president of finland and 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 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 to bring more capital and to free up congested space in the congested downtown in 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 talk more about this with. 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 child. which is. lucky for the actually here in the forum as well as the that is infrastructure that legal system. in the russia i think that's what he's supposed to make sure that there is

a nice. big a's in this business is to do business in moscow and he was the government souls this i think 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 mediate the points to. one weakness of the russian financial system which has to be addressed and it's very unique looking. from a global perspective no other major economy in the world it's such a tremendous lack for the mystic capital for the. financial market being got a quick useful office and it got sense right she's very unique we virtually no presence of some noises to the sort of pitch neutral farms which would provide the mystique of pull to support it which is market there to provide liquidity for the and i think that's a very specific domestic problem the go forward you saw food chris you know the

provide the background for success but it created 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 out of just some seven billion dollars worth of work that was accomplished here among the deals phillips signed a memorandum of agreement with a 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 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. for. the.

price of a few. songs from funds to pressure these. stunts on t.v. don't come. cheap. let .