more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to corporations to rule the day .

fresh violence erupts in the greek capital as protesters trying to prevent lawmakers from entering parliament clashed with police ahead of a key vote on the new austerity plan. fears grow that unrest in syria my tribe the militant group hezbollah to use weapons of stored there to lebannon threatening to stoke up further trouble in the region. and in russia there's a push for better laws to help or friends make their way in the world as we reveal how many are to not mind the state support their entitle to. our top story in business russia still endorses a ready to work its part of the government's efforts to improve russia's financial infrastructure and transform moscow into a global financial center join me for more on that in a better. it's

three pm in moscow this is coming to you live i'm an isa now with our top story and a new round of violence has broken out in greece where protesters have been trying to prevent m.p.'s from entering parliament thousands of people are on the streets of athens venting their fury over proposed budget cuts which are to be voted on shortly live pictures from athens you can see here protests are starting from the wrong tons of garbage you can see in the streets but we spoke to the screen a consumer who is there in central athens she's from the country's civil servants trade union and is outside the parliament building and says no one should underestimate the strength and feeling among the greek people. we will continue demonstrating and deal our government gets the masses and the darley our government and the whole european union governments get the message and the message is that these both of these don't get us out. the prize is we want some other

politics to be held or the socialist party that governs now has lost every. every one who voted for. for the socialist party they said other things before the elections and they do other things now and not only do other things all positive things but they are leading our country to cut pastor of faith and that is something we once tolerate it's a matter of believing no death for the people of my country you have to understand that when the mother is leaving or there is no government can stop as i have it today or tomorrow or two months later there the way or slow they are going to say to vote for in the greek parliament is a law that says that everything is their own will will pass to an enterprise which will be aired and which will have members from the troika the i.m.f. and some greek people so visa enterprise is a private enterprise and with the troika inside it will sell everything we'll sell

everything this country owns if we don't stop this law we won't be a state in the morning there are many many ways a service problem not only here in greece but in the whole european union in the whole european union these days. i want the employees and the working class to pay for this crisis and we say no we say tax the rich people we say don't sell anything that owns this country we say that the public there they say we have to pay it's not our dept we didn't decide about it with didn't ask about it with didn't i wouldn't even have to pay for a five percent interest rate when the european bank their. banks with one percent. just checking in on what's happening in the greek capital wife pictures here from athens you can see. police and. i police clashing with protesters

lots of tear gas there are rocks being thrown earlier just an hour or so ago. thousands if not hundreds of thousands of people were on that square obviously they're being dispersed as we can see these live pictures coming out from athens and in fact it was a similar scene on the eve of the vote at least forty six people were injured when violent clashes in strikes paralyze athens hundreds of thousands were again on the streets there and police also using tear gas to disperse them eighteen arrests were made we don't know how many today have been made presumably some people have been detained by the security forces more and more tear gas being thrown into the crowds as you can see in these pictures from athens the e.u. is demanding twenty eight billion euro worth of cuts that's the problem here that's what these protesters are angry about and that's before releasing yet more funds to greece that's their deal for the country artists are a firth reports now that even if that does happen the money is likely to make its

way in isn't likely to make its way into the pockets of these people that we can see now on the capital in the capital athens. on the streets of athens the voices of discontent the growing louder. it's a war we did not create this bit so we're going to pay for this that we want to take our lives but it's greece continues to fight against economic ruin the second bailout was an attempt to prevent greece from defaulting on its previous lame payments but the greek people won't be seeing a penny. of this buyout money actually comes into the greek economy it all goes out the interest payments and repayments plus a battle zone save the banks and prevent a large scale financial crisis for the people the price is simply too high they see their income going down they see taxes doxies the. and nothing else their money

does not go to the real economy a year a struggling against hostile sterett he measures it meant the government now faces an electorate opposed to another bailout or people here have been saying is that the troika the i.m.f. the european central bank and the e.u. the grapes the finance the initial bailouts the chain of one hundred and ten billion that you when they'll start looking at ways of continuing to push lend money towards place i'm really come to a plan b. if not when it comes to the choice many people now in greece simply will not help them out since it's being born as a self interest. to get as much as they can. get out. all of the state. i mean. they are going to do almost everything. and live. off the good people

they're going to get. the plug. seem credible but first this ration the belo it certainly can it's a high cost for the cuts in public spending a raise in taxes and an aggressive privatization program that would mean the sale of many greek public assets this is robbery this is theft this is swindle attention on the streets of athens continues to mount violent scenes witness recently disturbing testimony to just how for situations deteriorated one of the reasons that everybody is so determined to keep greece in the euro is so that the banks don't have to take a serious hit on their faulty lending policies and it's almost as if those are the other holy alarms of politicians and bankers vs ordinary people it's a fight that the people say they're not prepared to louise so if r.t.

athens. well the economic turmoil in greece will become an early challenge for the new i.m.f. chief as we report later in the program to find out what other christine the guard will have to tackle once she takes on the i.m.f. top job in just a few minutes. but first israel has deployed new missile defense systems near its border with lebanon fearing strikes from hezbollah the islamist group does not want its one time ally syrian president bashar asad to be toppled and there's also speculation it might be willing to divert western pressure away from him by launching an attack against israel are just part of the 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 had stockpiles there in the opposition group that

might take over in syria. differently consider feasible lies an enemy is a threat. so for hizbullah it's the mass the most logical thing to do all to transfer the weapon they put in syria. into. lebanon for years has been 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 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 we know hizbullah has now it collated 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 m. and what's three hundred fifty kilometers which according to them at least they can reach the whole of israel 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 ominous through it 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 in the region's precarious peace into all out war policy r.t. israel. israel is also reading itself for trouble on the other side of the country as the new humanitarian flight tiller is preparing to sell for gaza the israeli military is saying it will block any attempt to breach its sea blockade of the palestinian territory that's the focus of debate in the latest edition of cross talk coming up in about twenty minutes. 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 limits to try saline to israeli soldiers and it is really holding the you know that a lot of the so relieved because it was about concerns in front of the same just that it's you know this is going to be these journeys of these rules. the roost has vowed to repay its debts for russians electricity missed its payment to overnight and moscow is now called all the electrical supply to the country but loose is suffering one of its worst economic crisis with prices rising and the currency plummeting aren't you sean thomas has more on why bell the roost is struggling to pay its bills. people are panicking making

a run on the banks and making a run out of any types of goods that they can let me give you a little bit of a hint of the situation on the ground right now nikolai a small club who is the economic minister in the country at 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 it is such a thing is very troubling to say the least well on the ground inside the country people are going to try and exchange their roubles if they're both russian rubles for russian ruble so for u.s. dollars but there are no dollars to be found inside the country so they're coming up and demanded the currency itself as 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 also check the drivers are saying that it costs more for gas than it does for

the fares that they're receiving well all of this of course is coming after the election in december where the shadow won with a significant percentage of the boat too much in fact the international community is saying that it was staged that it was a fraudulent election now before this election in a move that was considered to be populist and to 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 of our 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 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 inside belarus. whether to give the that loan to bell the roost that's on mention is likely to be decided by the new. head of the international monetary fund french finance minister christine lagarde she has to officially start

a new role next week and she might have one overwhelming support in the i.m.f. but many analysts think another european boss means more favorable treatment for some countries over others are just going to camp reports. christine lagarde appointment keeps a european at the head of the world's top lender keeping the long held tradition intact and it a debt crisis having one of its own chairing the international monetary fund could be more important than ever for europe seeing the. intimate knowledge of those mechanisms of the european community and the eurozone of its many leaders can help the guard's main competitor was i was sitting carstens from mexico who argued her point mind would only add to the perception of i.m.f. by its there could be some conflict of interest i mean they know their main borel's institution would be europe so we'll have

a situation where they will rule or stormin eighteen to create their 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 and veto power karsten 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 who will score and only suggest i am have bias has had a negative effect on the world economy they would use their monopoly over. 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 biggest asset 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 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. by the us treasury department then you had of the i.m.f. is more than familiar with the us 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 aviation giants like boeing and lockheed martin helping them to seal multi-billion dollar deals the u.s. and europe found christine legarde the best fit for the job so did several emerging

markets including russia and china but she faces the difficult task of appearing independent despite her past ties and will struggle not to cement the world 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 are. well on our website are two dot com you can have your say on what the appointment of christine lagarde will bring let's take a look at how you've been voting so far the majority of you think that the new i.m.f. chief will be a puppet controlled by the interest of global corporate interests now a third are the view that the organization will be exploiting condom ease and deepening the crisis and others are split over two options either the move will help change the world's financial system or it will set a new independent course for the i.m.f. get involved log on to our dot com and have your say. a look now at some world news in brief for you this hour at least ten people are reported killed and

eight wounded in a suicide and gun attack on a hotel in the afghan capital kabul reports say militants wearing civilian clothes burst into the intercontinental all gassed were having dinner at least one militant blew himself up and several others took positions on the roof after a shootout with police the four hour standoff with ended by an airstrike from a nato helicopter the taliban has claimed responsibility for the attack. has been fresh on grass to cairo where at least fifty protesters have been injured in clashes. police dozens were also injured on tuesday as hundreds of protesters took first to the interior ministry and then shifted too far here's where the epicenter of course of the revolution in february protesters are angry about the slow process of prosecuting security officers accused of causing the deaths of more than eight hundred people during the uprising that toppled hosni mubarak. now their

lives are often blighted by a troubled childhood but russian orphans are finding that their problems are often extended into adulthood too they're entitled to free housing from the government once they leave their care home but as peter all over reports many of them aren't getting the support they need. dank dark and dilapidated this flop looks more like a prime candidate for demolition than a family home but twenty two year old mother of two lena has been told by social services that she's stuck here. perhaps they haven't seen this place inside they keep telling us to repaired 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 under 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. this is today she is 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 family can leave here however here is exactly where the authorities have told her that she should bring up her children lena's case isn't unusual those who work with oftens in russia say that it's when they leave the care homes that they need the most help the problem is orphans our kids are of smaller you know when they're little and everybody loves to help them when they're small but presents them to flaws. whereas in actual fact they've got behind 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 there's a rich girlish bargain 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 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 from 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 this will make sure that there is no way a graduating orphan would have to go and live in a rundown home. a change in the law might help people in the future but lena needs to find a solution right now. i'll ask them why all the mothers are given homes to raise

their children why can't i have that isn't because i don't know the laws or because i'm not allowed to live because it's forbidden for me to have family some people are trying to help me but to file their efforts have been in vain. peter all of our party to very. well over half of the recap of our top stories in a few minutes up next business with current. hello welcome to business here and thanks for joining me the rivalry of the two russian stock exchanges is over the mises have put the final seal of approval on

them that's a big part of a government effort to improve russia's financial infrastructure and start to transform moscow into a global financial center now let's cross live to marina costs for the latest. so you know one of us new bourse start working. all the paperwork might have been signed today but that super forces still need to get approval from the government and the shareholders and that's expected to happen in all days but we've been told to marry that in september the managers of both forces were to start working together as a team to come up with a plan for the near future now that combined value of the bourses this flu point eight billion dollars and i.p.o. is planned for twenty thirteen now russia obviously has big plans for this merger they hope that it will boost liquidity on the market and create as solid centralized and unified infrastructure which will attract more foreign investors

but of course there are financial experts who say that this could lead to a monopoly bush could affect the cost of doing business here they say that less competition means less innovation but there are other experts who say that this could go at a long way in helping the government's plans in establishing moscow as a global financial center of course only time will tell what will happen but we'll be waiting for that final seal of approval from all sides and of course saw a new name for their brand new stock exchange. during the course for reporting on the odds here and my six merger now let's take a look at how the russian markets open for me now both courses the trading in the black sea as has added over a percent of the my six point seven percent higher now let's have a look at some individual trammell some isaacs and if you may choose among the main game has as or rebounded from a four month low ross nafta is up one point three percent. in the mining sector machel is also gaining the company has almost quadrupled that's net profit in the

first quarter of the year reaching three hundred nine million dollars that's above previous expectations banking stocks are also advancing with the t.v. up two and a half percent this hour. let's cross over to europe where markets rally ahead of a key vote and the greek parliament on additional austerity measures due later in the session banking shares post wrong gains with commerzbank up over three percent in germany in german trading one of the top gainers on the dax barclays is getting over four percent on the ford c. so was minor. bread crude steadied on wednesday near one hundred nine dollars a barrel on the growing optimism about the debt crisis in greece will be resolved avoiding a contagion in europe like sweets is trading at around ninety three dollars per barrel. russian president dmitry medvedev give has outlined budget guidelines for the next two years top of the list is increasing the tax burden of the gas industry

that will go partly towards reducing the shortfall from a lower social tax the selling of state assets and revenues from oil and gas will also be used to make up the deficit president medvedev supported increasing alcohol and tobacco excise as the government wants to lessen the negative social impact of their consumption and he also good news for russian pensioners that average income will increase by eleven percent next year. american g e moneybag has denied it plans to close its business and russia newspaper reports suggested parent company general electric was getting out as a condition of a state bailout. we haven't one ounce to anything and maybe those rumors in the markets look i mean we look at the portfolio of businesses throughout the globe we look at what we're looking at all should and for us in russia infrastructure business is a well we're going to be focusing on with a 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 and that's all from me here on business

r t two into treatment didn't plan less than forty odd minutes from now when. the move.