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the greek capital is braced for more violence as thousands gather at the parliament building for a second day of protests hours before lawmakers are to vote on a fresh austerity package. greek economic turmoil becomes the first challenge for a new i.m.f. chief christine lagarde also faces the tough task of fighting off the perception that the organization is biased in favor of western countries. also fears grow that unrest in syria might drive the militant group hezbollah group weapons it stored there in lebanon threatening to stoke up further trouble in the region. and our top story in business rushes to main bourses are ready to merge it's part of the government's efforts to improve russia's financial infrastructure and transform our current flow global financial center join me for more details in our business bulletin in twenty minutes from now.

world news and much more twenty four hours a day good to have you with us today budget cuts or bankruptcy a tough choice for the greek parliament which is facing a crucial austerity vote european leaders have already warned athens there are no other options the testers are already flocking to the parliament thousands of them are again venting their fury over the planned measures but at least forty six people were injured as violent clashes and strikes paralyze the country on the eve of the vote hundreds of thousands were on the streets with police using tear gas the spurs them in eighteen arrests made the e.u. is demanding twenty eight billion euros worth of cuts before releasing yet more funds to greece journalists to demetri coffin a says being part of the new means we . living on the financial patients. unfortunately the government isn't giving anyone any real options and that's the problem the a certain measure unpopular wildly unpopular amongst everyone in this in this

country but at the same time they're not giving us any real solution they're just giving us threats i think people are becoming more for the time the drachma and as i said the drachma is going to solve the problems here but at least with the drag my view eat up the debt with inflation if you can't control the government spending which is what we were hoping we would achieve with the introduction of the euro we would have low inflation and low government spending so we had low inflation and high government spending so we had massive amounts of debt. i think i think that people are fed up with you here in general that's the major the major feeling and they want a return to something some sort of national economy where they can implement a policy that benefits them because right now they understand they're under financial occupation the e.u. is trying to blackmail respond to different austerity ultimatums that's a field constantino columnist for the athens based newspaper i think many. george papandreou has lost legitimacy and agrees and as a prime minister he is

a dead man walking at the moment and the pressure from the european union is tremendous we would talk about the blackmail you know against the greek good because they say that listen you vote for this outrageous there will be no more. greece who will be left before my trial opinion is the this is a bluff from european union because if we agree to goes before then it will have a domino afraid i guess the euro. will be a disaster for european union at large but unfortunately our government has not been there on the call of them and this is the difficult part of the story because you see that the memorandum sent there was very the package is the result is the. golden eggs of development and this is unsustainable where the greek turmoil is one of the first problems in the in trail you head of the international fund french

finance minister christine lagarde she might have won overwhelming support there but many analysts think another european boss means more favorable treatment for some countries over others parties going to teleport christine lagarde appointment keeps a european at the head of the world's top lender keeping the long held tradition intact and in a debt crisis having one of its own chairing the international monetary fund could be more important than ever for europe saying that. intimate knowledge of those mechanisms. of the european community and the eurozone of its many leaders can help the guards main competitor was augustine carstens from mexico who argued her appointment would only add to the perception of i.m.f. by its there could be some conflict of interest i mean at the end of the day now the main borel of the institution will be it will europe so we'll have

a situation where they will rule or stormin eighteen to create thirty institutional emerging economies the engine of global growth in recent years are vastly under represented in the organization with the u.s. and europe holding half of the votes in veto power carsten said he knew he had lost even before he announced he was running the fooling myself i mean it's like starting a soccer game with the five to see a real score and always suggest i am have bias has had a negative effect on the world's economy they would use their monopoly over credit . to force certain policies. on countries in policies there were not in their actual interest the i.m.f. lends money monitors the global economy and in theory at least prevents crises its credibility has been shattered by the financial collapse in the advanced economies

which it definitely did not spot they missed the two big hit big years as a bubbles in the history of the world and the i.m.f. you know which publishes its world economic outlook every six months and is really in charge of monitoring these kinds of things just missed completely i think they didn't want to go against all their friends on wall street and others there were making a fortune at the time some experts see the intimacy between the i.m.f. and u.s. corporations as a matter of concern all of the big decisions at the i.m.f. are made by the u.s. treasury department then you had of the i.m.f. . he's more than familiar with the u.s. corporate world for years she worked at a major american law firm representing the interests of big business and is a member of the u.s. poland defense industry working group advanced the interests of a vientiane giants like boeing and lockheed martin helping them to seal multi-billion dollar deals the u.s. and europe found christine lagarde the best paid for the job so did several

emerging markets including russia and china but she faces the difficult task of appearing independent despite her past lives and will struggle not to cement even further the perception that the i.m.f. exists only for the benefit of its creditors i'm going to check our reporting from washington r.t. . websites dot com you can have your say on what the appointment of christian god will bring all that so look at town voting so far well almost half of you think that the new chief will be a puppet controlled by the. companies well. or the view that the organization will be exploiting the weak economies and deepening the crisis and others are split over two options in the will help change the world's financial system and set a new independent course for the honor. by looking on. better roofs has a vow to repay its debts for russia's electricity missed its payment due even

though it moscow's now cut off electrical supply to the country but who says suffering one of its worst economic crises with prices rising in the currency plummeting. short so joins us from our shores what now is behind all this how bad things and bad it was if it's even struggling to pay its bills it certainly is a troubling situation on the ground side bellerose in fact the people are panicking making a run on the banks and making a run on any types of goods that they can let me give you a little bit of a hint of the situation on the. right now nikolai it's not called who is the economic minister in the country had a press conference today in minsk he said that he is sorry that he did not shoot himself and that he feels personally responsible for the current economic crisis inside the country now these could be comments that are dark humor if you will or made off the cuff but still for someone of that stature to be saying that such

a thing is very troubling to say the least now on the ground inside the country people are going to try and exchange their rubles if they're by the russian roubles for russian ruble so for u.s. dollars but there are no dollars to be found inside the country so they're coming up empty handed the currency itself has a devalued to such an extent that it's pretty much worthless there's a couple of instances where people are fighting over goods trying to get what they can whether it's salt or food or even t.v.'s things that they can use as a barter system for trade inside the country because the currency is no good also taxi drivers are saying that it costs more for gas than it does for the fares that they're receiving so if they are working at all that it's just a public service to the people inside the country as well now all of this of course is coming after the election in december where luca shackled one with a significant percentage of the vote too much in fact the international community is saying that it was staged to that it was a fraudulent election now before this election in

a move that was considered to be populist with a shake up raising the general minimum wage of the country fifty percent and for government employees thirty percent it's this move that speculators say is what devalued the currency on such a level now fellows has tried to go to the i.m.f. then back in may at the end of may they went and started the process to try and get a loan but one of the conditions of the loan if they do go through the i.m.f. is that they have to go through a privatization of sorts within the country which would of course to stabilize the checkers power to some degree but that process was supposed to wrapped up. in the middle of june of this month they were only asking for about three billion dollars but experts are saying that it's going to take between seven and ten billion u.s. dollars to bring some sort of normalcy inside the country so right now. very bad situation. situation indeed sean thomas live from moscow thank you for that.

nato has extended its operation in libya for three more months and one that it's not going to scale down its mission of daily airstrikes opposition to the operation continues with more protests in london by antiwar activists. the demonstration comes amid reports of growing civilian casualties escalating costs and no end in sight to the bloody conflict shipley says more than eight hundred civilians have been killed as a result of the airstrikes u.k. has already poured more than two hundred million dollars into the campaign and risks doubling that if not ration drags on throughout the summer peace activists say it's time in nato it was brought to account. by the saudis where they and the people are suffering more and more the ordinary people of libya and at the very least the question they should have. in this no fly zone in this intervention and

should be calling for an end to it now calling for serious political negotiations. pale into insignificance beside george bush. in afghanistan. professor of international studies at trinity college in hartford told of his belief that when they talk ration is aimed at weakening libya. but i do know. is right to me you know always going to be given beer store a u.n. resolution within a few hours of the war beginning with the french and american striking libya had already violated the narrative that you were this is usual and now it looks like libya is simply being there being a hundred days of attacks twenty four thousand sorties you know there is a very gradually being

a point of leaving of libya to the extent where gadhafi is ally and then. you know he's being made into what he calls it giant storm while you. know israel has deployed new missile defense systems there its border with lebanon fearing strikes from his beloved is the most group that doesn't want its longtime ally syrian president bashar assad to be toppled and there's also speculation it might be willing to time but western pressure way from him by launching an attack against israel he supports new reports now on how the delicate balance in the region could spill further out of control. things are quiet on the israel lebanon border but many suspect it's a lull before the storm everything hinges on what happens in neighboring syria and what hizbollah decides to do with its stockpiles there and the opposition group that might take over in syria. definitely consider feasible lies an enemy is

a threat so for hizbullah it's the mass of the most logical thing to do all to transfer the weapon they put in syria. into two two two. four years hizbollah found an ally in syrian president bashar assad and so it's no surprise they want him to stay in power but if he goes and those who pressurising him to do so would do well to remember this the regional impact could be terrifying syria are like libya is part of an alliance and that alliance is very wide it begins in iran some elements in iraq's government are part of it the syrian regime hezbollah in lebanon and hamas in gaza western intelligence reports suggest hizbullah has already started moving some of its advanced weaponry from its warehouses in syria to its forces in lebanon for fear that assad will be toppled but getting rid of him is one thing dealing with the consequences quite another

situation in syria very volatile dangerous collapse the syrian government could be gender group. that could include a new war between lebanon and israel already the weapons hizbullah has in its position are able to strike almost any corner of the jewish state the new stockpiles in lebanon would only aggravate an already tense situation as far as you know hizbullah has now accumulated around forty five thousand missiles of various ranges. there is one of the part of them that in fact the range goes beyond three hundred and three hundred fifty kilometers which according to them at least they can reach the whole of israel until a lot in the south of the country which is something israelis know these missiles originated in syria they found their way to lebanon and then they were fired by hizbollah onto the jewish state back in two thousand and six this museum was set up about a decade ago so that the i.d.f.

could display weapons ammunition and items that are captured from israel's enemies on the ground and almost administrate the lebanese palestinian and his bill of flags flying on the israeli border the message is clear here no country is immune to what happens to its neighbor and it won't take much to turn the region's precarious peace into all out war policy r.t. israel. but israel is also reading itself for trouble on the other side of the country as a new humanitarian for turner is preparing to sail from gaza the israeli military is saying it blocked any attempt to breach its sea blockade of the palestinian territory and latest edition of crosstalk people of other news guests debate this polarizing issue that's coming up later in the day but to here's a preview for you. there is a chance that they are carrying weapons that they are carrying terrorists we saw that in last year's flotilla there were armed mercenaries aboard the turkish baths and your ship mavi marmara which lynch to try cylinder israeli soldiers and israel

holding a lot still remains was exactly the same disappearance gives the man because it is the israel's. and. the love of a social networking that spreading among russia's top officials is not passed on to hold government departments the foreign ministry has just launched its own twitter feed in english and russian which will focus on the country's foreign policy the government's twitter isolation instigated by the russian president himself at. his followers at all in the first today news about the country's spokesman shavit explains why the foreign ministry has decided to keep up with a trend. that will be much more information on international about major

international events and some previews of their teachers so the ministry and with the speed of the leadership including the minister of course in the first place. that's now at the international headlines at least ten people are reported killed and eight wounded in a suicide gun attack on a hotel in afghan capital kabul reports say militants wearing civilian. burst into the intercontinental yesterday. at least one militant and several others took positions on each of the shootout with police the four hour standoff was ended by the airstrike from a nato helicopter it's all about has claimed responsibility for bit like. there's been fresh air rest in cairo where at least fifty protesters have been injured in clashes with police dozens were also injured on tuesday as hundreds of protesters to first a moment in human history and then shifted to to here's where you said revolution

three testers are under about the slow process of prosecuting security officers accused. in the deaths and eight hundred people in the uprising that toppled president. cuban state television has aired footage and photos of venezuelan president hugo chavez with fidel castro chavez underwent a surgery on the island more than two weeks ago and hasn't appeared on t.v. since rumors that the story of the anti washington leader was in a critical condition in a tense report on cuban t.v. he didn't say when chavez might return to vote as well. but that just ahead on our take a look at last month's violent dispersal of protests george up in our exclusive interview with the opposition leader and you know. she's been in the very heart of the unrest and gives a firsthand account of the severe crackdown is a taste of what's to come next hour. for our international communities they

know are real face of that country quite well of course the diplomacy means that they will never say it in public that countries play. like just merely very yes. with a low beast and p.r. companies but nevertheless you can see a lot of insight into you so you can buy many states. raise money reached out to shrewdly. thank you for having looked companies but you can't buy everything going to everyone you're planning to lie for a short time to everyone but you can't lie for ever tell everybody. their laws are often blighted by a troubled childhood russian orphans of finding that their problems are often extended into adult hood to their entitled to free housing from the government once they leave their care home but as people all over ports many of them getting the support they need to dunk in dilapidated. this flop

looks more like a prime candidate for demolition than a family home but twenty two year old mother of two lena is being told by social services that she's stuck here. perhaps they haven't seen this place inside they keep telling us true parents somehow believe here they showed me a paper on how to build a house i told them that i had no phones i have no job i have to take care of kids and i ended up renting a place they said it's not top problem lena grew up in an orphanage in the city of to be on the russian law she should have received state housing once she left the institution this flat was given to lena's mother by the state and despite having no money she's been told to fix it up but. there's a tradition of absolutely desperate they didn't give me work because i don't have a profession for them i don't exist perhaps hanging myself would be the best thing

to do. without even the most basic of a mean ities there's no way that lena can leave however here is exactly where the thirty's of told her that she should bring up children lena's case isn't unusual those who work with orphans in russia say that it's when they leave the care homes that they need the most help the problem isn't orphans our kids are of smaller you know when they're little and everybody loves to help them and their small but presents them. whereas in actual fact they've got bigger and me but they get bigger and that's really where we need to be standing beside them housing is one of those big in need for all things leading care it's also in short supply and the idea that if we made certain calculations for one region and found out that if a child is number ten thousand in the queue for housing it would take them some three and a half thousand years to actually get

a flat up and how can they live like this they're not pharaohs you know. we can't bring them back from the dead and give them an apartment what you currently only administrative penalties can be imposed on anyone standing in the way of those leaving care getting housing alexander gears a loaf form all for himself as a campaigner for orphans rights he wants to see the courts more involved he was at the human side and we need to change the law in a way to make sure that someone can be held responsible in court in this case the orphanage will make sure that there is no way a graduating orphan would have to go and live in a rundown home and. a change in the law might help people in the future but lena needs to find a solution right now. i'll ask them when all the mothers are given homes to raise their children why can't i have that easy because i don't know the laws or because i'm not allowed to live because it's been for me to have family some people are trying to help me but if all their efforts have been in vain. peter all of

a party to very. well next we've got some extreme action from our sports desk edition where cycling to danger go hand in hand we report on one of the newest most thrilling sports cliff diving. looks like fun on the ecstasy this is up there with kareena in a few moments stay with us. welcome to business thanks for joining me this hour their rivalry of the two russian stock exchanges is over. put the final seal of approval on their larger

artie's mine the cost of health. after fifteen years a bit of competition r.t.s. and mindsets has finally become a born single and since he had so post look at strangers i'm still signed a baby boy related to the merger and their combined value is estimated at two point eight billion dollars now russia has begun hopes of this merger they hope that this will look good it's on the market and create a simple and centralized unified infrastructure which will help but track more foreign investors there were some financial experts in fear that this would create a monopoly and that the pulse of doing business here but most things agreed that this will go all a long way in helping the government's plans to establish mosco as a below both financial sense or not only time will tell if their hopes will be fulfilled but for now all we're waiting for is to hear the new name for the brand new celtic strains. take a look at how the russian markets are performing

a both forces a trading in the black the r.t.s. that it over a percent of the mindsets is up over one cent let's have a look at some individual shell moves all the guys six and as you made is among the main gain is a spoiler bounce from a one on slow roll sniffed is up around one point one percent in the mining sector metro is up the company has almost quadrupled its net profit in the first quarter of the year reaching three hundred nine million dollars above previous expectations banking stocks are also bouncing would be to be up over two percent. and so let's move on to europe where markets rally as well ahead of a q both in the parliament on additional study measures to later in the session but see on the tax are up over eight percent banking has post strong gains with commerzbank up wolf up one point eight percent in germany trading the top gainer on the dax a minus six was out of the gas gaining on the footsie and oil is moving between small gains and losses with investors taking

a pause out the pushing all to shop things on tuesday light sweet is trading at around ninety three dollars. and friends at around one hundred nine dollars per barrel the south. american d.d. money bag has denied it. closes businesses and use paper reports suggest the parent company general electric is getting out as a condition of a state bailout we haven't announced anything and maybe those rumors in the markets but i mean we look at the portfolio of businesses throughout the globe we look at what we're looking at it all should and for us in russia infrastructure business is a well we're going to be focusing on the money we're very happy with the bank we're very happy with its performance and we currently have no no plans to divest of it that's the business news when i will go back and listen and less than one hour with more.

twenty years ago in the largest country in the. disappearance of the. one hundred. each began a journey. where did it take them.