by the lawmakers is unlikely to result in in an actual defunding of the u.s. participation in the levy award because it has to go through the senate and some of the leading voices in the senate both democrat and republican have made it clear that they are in favor of the u.s. military intervention in libya and would authorize it so the move of the house of representatives is seen more like a message of rebuke to president obama rather than an actual war stopper by the way earlier this month they had a chance to send an even stronger message the house debated a resolution from congressman dennis kucinich that calls for an immediate end to the u.s. involvement the levy and the majority vote no to that proposal so some analysts say see certain elements of the show in the behavior of the u.s. congress saying that many lawmakers though missed a chance to the president yet knowing that the snobs would change much at the end of the day as capitol hill observers say when it comes to waging wars congress has

generally been supportive they are not the most anti-war people that's for sure. as you say more of a symbolic gesture of that but also is this simply a case of the lower chamber of the u.s. congress really disliking the fact nord by the white house. well bill exactly they don't like being ignored but even those who really truly wants to stand up against the military actions and believe there is little they can do as one congressman said here and i'm going to quote him you can do resolutions until you are blue in the face but still be ignored by the white house but it seems it's not just resolutions that can be ignored it's also the voices of the american people the majority of whom are against the u.s. involvement being there is also one interesting point that some explosive make was regards to the public perception of the war in libya and that is it's off the

headlines american news channels so for weeks been focused on congressman weiner's crotch shot there is fear that certain inertia develops in the public perception with regards to the war in libya inertia which some say could be very dangerous going to thanks very much indeed for that update from washington d.c. going to check on that. the euro is dead and buried quite literally according to skeptics who held a funeral for the single currency in brussels they argue that attempts to bail out greece too little too late and nothing's economic failure will leave the eurozone. members of agreed on the terms of oppressing the greek authorities to tighten their purse strings once again if the money is to be. next week. twelve billion euros in. joint those mourning the economic. this is. where the european leaders are meeting

to discuss the future of the greek debt. they believe the euro. most people including skeptics believe it is impossible. the euro well to me and i think a lot of people are beginning to collapse around the. bailout billions of pounds of taxpayers' money especially from the. i think the public and i've had the leaders of the european union have presented. conditions in order for the country. unfortunately for greece they will have to take measures which are incredibly unpopular in the country and that presents a major challenge for the greek government right immediately after it has just been for shuffled the leaders all unanimously wrong again. maybe i'm wrong about greece from the very start she should never have been allowed to join the euro in the first place she wasn't suited to it they were wrong time they're wrong. and if the

greek choose day except this package this time next year i'll be talking to you. so while leaders are extremely excited about the fact that the future of the. most of the people in europe believe so. and unfortunately for the european leaders the common europeans believe that the end of the euro is near. and in english they're in brussels where for more on the future of the single currency in the european debt crisis let's talk to an economist with the open europe group roll repair all who is in london for us thanks very much indeed for joining us the euro is of course facing its biggest crisis since it was not over ten years ago does the single currency have what it takes to survive. well it's looking less and less likely to be honest and this sort of system of bailouts which the e.u. has been going through has been proven to fail you know greece didn't fare well

with the first bailout and the austerity conditions which are imposed and ireland and portugal are doing much better now that they're looking a second greek bailout that won't really change anything in my bike grease a few years but in the long run it looks never saw that they will default so europe is wasting its money and and its time on this and more importantly taxpayers money . completely the most important part of the second bailout is that it is essentially bailing out private bond holders and transferring the debt burden from the private bondholders on to the taxpayer backed institutions such as the e.u. and the i.m.f. so that when the eventual default does come and there are write downs and losses on these on this debt and these loans will be the taxpayers footing a lot of the bill now if you did a restructuring right now it would be a much more even split and it would be a much more manageable burn for both taxpayers and private bondholders but this is all about saving the euro or is it really about saving greece some may say that greece is actually being sacrificed in order to save the euro. well there are so

many different political dynamics going on on the one hand you have france and germany who are trying to bail out greece and sort of protect their own economies from contagion if greece were to default they're afraid that you know their banking sectors would be hit substantially and they would face their own economic crisis now whether that fear is overblown or not it seems to be what's believed in paris and berlin they also have the problems that you know they really have a plan for dealing with greece right now they're just trying to sort of kick kick the can down the road and deal with at a later point and they're hoping that by buying themselves more time they can eventually can agree a sort of comprehensive long term solution or they've already done that for a year or two so it's not clear that that will ever be the case but what about the greeks themselves how long can they sustain this sturdy measures to be part of thought to be draconian we're seeing in the protests in the streets there in athens what is it that the greeks really are afraid of in what way will all this affect their own lifestyle. well massively i mean they're going to be basically forced to

take a huge internal devaluation because greece does not have its own currency which can devalue outside of its own economy well this internal devaluation will mean massive wage cuts and restrictions on public spending and that will hurt the economy especially for economy where you know the public sector provides a large amount of employment and a lot of economic growth so there will be a significant change in lifestyle for the greeks and for some significant period at least say five years if not longer what message though is this sending to those aspiring to be members of the e.u. we know that stoner for example that's just joined recently in january of this year and now of course croatia next in line is this really the right time for the e.u. to be taking on these members and indeed what should those members be thinking about at this moment. well i mean it does raise doubts as to whether he should be expanding its membership particularly of the euro i mean if you look at the divergence is that already exist between the southern countries such as portugal and greece and the core countries in germany and france they're massive and bring

in these smaller already sort of strength economies will probably create more diversity so it seems that there may be detracting from the real issue and the real underlying problems of the eurozone of the most important facts would be if you do introduce new countries you have to make sure they actually had here to the necessary conditions and necessary rules which were really in force when greece and countries such as that join the year how much does all this depend on germany and then we know that daniel merkel said we'll do everything to stabilize the euro but of course the german taxpayer is not going to be happy about this and could indeed the the german population the taxpayers have some sort of political impact on the government and maybe change the german authorities mind and stop these future bailouts well i think the political impact is already being seen with german insistence that there is some private sector involvement in this bailout and all unfortunately the german plan for private sector involvement doesn't really look wobbled since the credit rating agencies and the e.c.b. have said that they will classify it as a default and they will not provide liquidity to greek banks off to this is the

case now that sort of put a hold on the german planet but you know you can already see that merkel is feeling the pressure of this public outrage at bailing out peripheral countries now that's only going to increase with time particularly since that this second bailout will transfer more money more debt onto the books of taxpayers and it will increase their future losses now i can only imagine how bad the place where our age will be when these losses are really fell and when they actually hit the german economy and i'm sure that there will be significant political problems in germany particularly if this current government is still in power is the answer though for greece just to simply opt out of the euro. that is definitely one potential answer i mean if you look at it in the long term the sort of restrictions which are going to have to be put on the greek economy to make them survive in the euro and make them avoid having to need sort of permanent fiscal transfers from the likes of germany are going to be so stringent that there's not really any scope for fiscal policy or economic growth they're going to be limited in their spending their deficit and you

know where they can really allocate their money now is that that may not be the way that the economy wants to go and so you really need to consider whether they would be better off outside the euro zone but what morris says is now you know just just briefly the process will take a long time and just to bring back the drachma and this is going to be a magic wand it sorting out its economic problems no of course not but i mean you really need to plan for the supreme is there is no plan in place for how some how a country would leave the eurozone now avoiding this topic completely could make the problem worse if greece was to default to so in a disorderly manner and then leave the euro in a disorderly manner the contagion would be massive and the problems for the year and the global economy would be huge in other words i say just the way they were in their greece opting out actually wouldn't and perhaps the euro could actually start the collapse of the euro if it did it and undermine the whole. exactly if it was not done in a planned fashion and if there was not really the right research strictures put on

and the right co-operation between sort of supernational bodies to help greece out after it is just had just left the euro then it could cause significant problems for the eurozone as a whole run really good talking to you thanks so much for explaining how you see the situation there in europe at the moment raul. economist with open group talking to us live from london thank you time. thank you. other news now the former prime minister of ukraine has gone on trial for abusing power during her term in office in two thousand and nine unit to secure a gas deal with russia which is claimed to have robbed the ukrainian economy of millions of dollars she dismissed the cases fabricated but faces up to ten years in jail if convicted next year is in kiev for us. the atmosphere inside the courtroom and around the court building is absolutely electrifying around fifteen hundred supporters of unity much as you can see here gathered in central kiev to protest what they describe as a farcical hearing as a farcical case against their leader against going to mush and call now the relate

of ukraine to baltics first self started this trial with a little bit of controversy she refused to stand up when the judge entered the room and then she said that this judge was completely unqualified for the case and that it needed to be dismissed clearly the tension is rising as this case and has its final stage you to assemble has been summoned to the prosecutor's office for months now for questioning now this case is being taken to the courtroom and we will be hearing some developments in the next several weeks or so the crane's former prime minister yulia timoshenko is being charged with many different financial crimes including the amateur you're unprofessional as described by the prosecution gas deal with russia in two thousand and nine the prosecution claims that due to those deals ukraine lost more than four hundred million u.s. dollars and this is clearly the main charge against the country's former prime minister it is something of a fall from grace for the woman who was once one of the most powerful and prominent

politicians in the world several magazines describe you to present quest as one of the most important female politicians on the planet now she is she could become a convict and if convicted she could face up to ten years in prison even if this sentence would be suspended for her then still she would be unable to run for president for the next presidential election in twenty fifteen this according to thomas and co makes this case political and she describes it as the one being orchestrated personally by president victory on the floor which it is not the first time that unity which is. the trial in two thousand and one she was. charged with smuggling to write clearly of the supporters of you are ready to besiege the court building until the year end us coming from inside and will clearly be seeing more public unrest due to this case in the next several weeks or maybe even months but

we'll be following all the details and bringing you the latest details as soon as we get it. next year to shift the reporting that the russian president is the liberal on his promise to decentralize power in the country giving the regions of greatest same politics to me to me even if wants to appoint the current government simply because the new head of the upper house of the russian parliament all of that has more first. guaranteed to be the next speaker of the federation council the upper house of russian parliament members of the federation council from the regions were saying this the federation council becomes to moscow centric and they want to see more representation from across russia this is something that the president said yes i agree with you that he's boxed volunteered the. governor of st petersburg sixty two year old volunteer . he's essentially said to her if you want the job it's there and take it so it looks more likely that she will be established as the the new speaker of the house

the state duma just behind me the lower house of russian government also said for a little bit of a shake up the president put forward a draft law that would mean that the current percentage of the vote you need to take a seat in the duma is seven percent he wants to see that to five percent meaning there's more parties in the regions that can get a share of the main power base here in moscow not just the major political parties making the whole system far more representative of russia as a whole and as i said less moscow centric. presence actually going to look at further than not he said if five percent proves to be too little. of a decrease in the amount of the vote you need an election he's willing to lower its chief three percent now this would make make sure that a lot of the more marginal parties as they are at the moment would be able to sit in on a decision making that goes on of making laws and governing here in the russian federation. president of reporting there and now to some international news in

brief in our wall update this hour at least twelve people have been killed in syria as anti-government protests were once again held in several cities security forces opened fire and used tear gas on a crowd in the syrian capital a three month crackdown against those opposing the regime of president bashar al assad has reportedly left more than a thousand people. tens of thousands of gathered in the yemeni capital after friday prayers calling for president ali abdullah saleh to go the country's been stuck in a political impasse since february which has claimed one hundred sixty seven lives cyclists currently still recovering in saudi arabia from injuries sustained in an attack on his compound earlier this month the mall in the southern port city of aden at least one person was killed and security forces opened fire on a funeral procession turned into a mass protest. a full london minister has been sentenced to life for genocide rape and crimes against humanity. the country's former minister for families and women's affairs and her son and next militia leader were both found guilty of ordering and

assisting massacres some eight hundred thousand people were killed during the nine hundred ninety four slaughter most of them ethnic tutsis nasr who is the first woman to be convicted by the un backed tribunal. was meant to ensure a healthy crop as cheaply as possible for locals living nearby it's come at a huge price a generation of mole foreign children has emerged in the south of india after a controversial pesticide was used on local farms despite the product being banned in other parts of the world indian authorities claim there is no cheap alternative on the market you may find some of the images in previous report disturbing. this girl's body is the size of a baby but in reality she's five years old in her short life syria has endured an operation to reduce the size of her abnormally large head and she's not the only one suffering like this no doubt the doctors who have to put it through to her

child's hand otherwise there would be complications. and serious mother thinks she knows what's caused it here in the cashew plantations in india southern state of carola the government sprayed a highly controversial pesticide endosulfan on the crops during the ninety's that the people here say is causing a generation of deformed children victims groups believe there are around nine thousand children like syria with swollen heads and developing at only half the rate they should first some parents that prospect is too much choosing abortion sometimes disturbingly late my daughter was alterations own in the eighth months of the pregnancy until recently india was the only country in the world which allowed the youth of endosulfan the agricultural ministry said there with simply no other cheap alternative to the powerful past that died but after mounting pressure at home and abroad the supreme court voted on an eight week ban of the past the third which is thought to expire in mid july while studies show the endosulfan causes

severe developmental in reproductive problems in both humans and animals proponents of the past aside say their rivals are the ones pushing this ban these blue cities only. goes you look. good. but the families of the sick feel that they've been forgotten for long enough. there is no value for human life it's all about the money he wouldn't care about each other these days people who have money are categorized as high caste and the poor people ok. and nobody cares whether we are dead or alive. the families are drained emotionally and financially their life savings wiped out to care for their severely disabled children. i feel very sad when i see my child like this it's disturbing that we have to tolerate it. there's little point waiting

for government relief repeated requests fall on deaf ears in the capital all these families can do is make the most of the short lives their disfigured children will have most will die before their twentieth birthday priya shri their r t carola india. is here with the business news for us shortly but first let me remind you that more stories for you. you can just go to our website is dot com here's some of what we have today should you. give hope to fellow patients around the world suffering from an irregular heartbeat by successfully carrying out a breakthrough surgery. at the moment the international film festival is of. cultures and languages together on the silver screen you can log on to the full red or in this case the green carpet experience. and also on minorities new twenty four seven documentary channel who see a top launch you can learn more about it at all. well

that brings up to date for the moment as promised the business is next with join us in just a few moments. hello time for your business update well prices have stabilized often dropping almost five percent. on the back of

a surprise announcement by the international energy agency that sixty million barrels of oil would be released from. its all of the time in history the sanction the release of reserves the move is intended to offset the loss of production from libya currently in the gulf. and while some opec members warn of possible countermeasures to prop up the oil price christine this corrado from standard and poor's explains why she thinks the i.a.e.a. has taken the unusual action. i think it's three things one it is trying to ensure that when the northern hemisphere is going to the driving season they will be enough supply now a lot of the opec member countries have said their recent flight and that it's correct but what you need is to make sure that prices don't spiral up the second is to ensure that there is a soft landing for the economy what they are trying to ensure is that the world economy that's not going to adopt a recession and thirdly they have been a lot of frustration from oil barrels that have been taking out of the market on

speculation so what the saying is listen guys we are going to dump oil in the market so don't try to get prices up because you're going to loose money so this should put a barrier to oil prices a cap which should hopefully ensure that the world continues to soft land and recover from the recession. so look at those or prices lights we just trading at just under ninety one dollars per barrel while brant is that over one hundred six dollars. and your stocks are loyal one despite a slight upward provisional fast g.d.p. figures on the corporate front micron technology reported disappointing results for us that cautiously chip sales were weak. and european markets were mixed this friday to see narrative gains as investors confidence in banks was shaken by the suspension of trading in some lenders and easily under pressure from europe's debt

crisis but that wasn't the right point four percent. and here in russia the markets have rebounded after thursday's shop both there are chairs in the my six finished up one and a half and one point six percent respectively let's have a check on some of the individual show moves on the my six energy majors were among the main gate with gazprom up one point seven percent natural minor cables lower drug down by metal prices that's despite the company profits and that's profits. one hundred thirty four million dollars in the first quarter of the year the two previous forecasts banks were bought was raised in a bank finished lower that softer b r d's said it's considering buying into the. russia's biggest social network of contacts who don't argue is going to hold an initial public offering in new york the company hopes to get the listing completed during twenty twelve hours say the company could be worth up to three billion dollars given the high demand for tech stocks contacts he has around sixty million

users worldwide with those in russia last month russian search engine yandex successfully listed on the nasdaq raising one point three billion. ok that's all we have time for knowledge or no less than was time for more business stories and get more from our website r.t. dot com slash business.

innovation cluster in the center of siberia one city has revolutionary ideas for the automotive industry you're a little bit interested some of the infection straight out of software to make three d. double street and the building blocks from russia's first nationwide four g. network tomes going top notch up to. the future covered. the official. from the. video. on. the palm of your.

this is top stories now. in the russian capital. to continue. in libya the move will have no immediate effect on the campaign it represents a symbolic for. the president. was happy to hand over terrorist suspects to the u.s. would. be waiting for them in secret prisons. jurisdiction hundreds ended up being tortured and the. trial. warning the year over the.

country to get behind savage spending cuts some express. and also reporting that the former prime minister of ukraine goes on trial for abuse of power in the country millions of dollars. ten years behind if. and thirty minutes in the meantime we bring you all the latest high tech gadgets instead of the developments in russian science technology is next.

welcome to technology update and welcome to tomes a city carved over four centuries ago out of the endless forests and swamps of siberia already an established center for some of russia's whiz kid students and their smart ideas today toast is transforming itself into an incubator for an expanding cluster of innovative businesses since our last episode. two thousand and eleven forum it's fourteenth any will gathering of business research and administration innovators this year drawing some three thousand participants from nineteen countries and forty seven russian regions. and by thousands more the event featured brainstorming sessions with time specialists and market makers consciously forward looking hot topics like revamping nuclear technology revitalizing cities and russia's regional economies and educating new generations to keep up in the knowledge base global environment of course the top tech firms were on hand to show off their skill set to potential investors and partners.