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headlines on r t n rage protesters continue their assault on parliament hours after the greek government approves more austerity cuts paving the way for billions in bailout loans. syria's unrest threatens to spread across the middle east israel is concerned that has block is moving weapons to lebanon just in case assad is overthrown. and or friends in russia continue to struggle in adulthood a lot of government provided housing means some have to live in a rundown homes with little help. also russia is cutting the use social business while increasing the fiscal burden on the energy sector and increasing excise labels for alcohol and tobacco find out more about the economic impact of this move in our business twenty one time.

just after nine pm here in the russian capital you're watching our t.v. thanks for joining us and now to our top story the greek government has voted in favor of a new round of austerity cuts securing the next a multibillion installment of cash from the e.u. and the staving off a default but furious protesters have reacted violently to the vote. with battles between police and demonstrators continuing at just meters from parliament all scenes from downtown athens resemble a war zone as protesters fight with riot squads a bit of volleys of tear gas hundreds of thousands of people nationwide walked off their jobs for a two day strike against the a sturdy cuts well they say drowning the country to death at crippling interest rates has failed once and it will fail again well there were reports of escalating violence in constitution school where with dozens reported injured or detained by police or journalist. who's currently enough than what she witnessed.

when the results where are become known to the people of people reacted. aggressive way so now the government has to face the anger the angry greeks who are on the road a few minutes ago we heard the grenades from constitution square it's about three to four minutes from here there is dense smoke in the air. the protesters are continuing to fight with the police they are throwing stones to the police and the policemen are answering throwing grenades and tear gas there is a dense smoke in the sky but also metro station of constitution square even inside the metro station there are people who are trying to hide in the metro but there is smoke there there are some doctors who talk from inside the metro and say that there are people who cannot breathe a lot of the main grievances held by the protesters is that they're being made to

pay for the mistakes of others well most of the believe they'll never see a penny of the bailout that will saddle generations with debt. on the streets of athens the voices of discontent growing louder. it's a war we did not create this so we're not going to pay for this we want to take our lives but it's grief continues to fight against economic ruin second bailout. an attempt to prevent greece from defaulting on its previous leymah payments but the greek people won't be seeing a penny. not a cent of this buyout money actually comes into the greek economy it all goes out the interest payments and repayments also battles on 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 taxes taxes and nothing else their money

does not go to a very early corner me a year is struggling against harsher sterett he measures it meant the government now faces an electorate opposed to another bailout they are going to get all this the. state the i mean the property and they are going to give almost everything. and live. off the good people they're going to get in this in this. plan the bailout would certainly come at a high cost for the cuts in public spending raising taxes and an aggressive privatization program that would mean the sale of many quick public assets this is robbery this is theft this is attention on the streets of athens continues to mount violent scenes witness recently disturbing testimony to just how far 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 result as if there's a lot of other holy alarms. of politicians and bankers vs ordinary people it's a fight that the people say they're not prepared to. stand. and the grim economic situation in greece will be high on the to do list for the new head of the international monetary fund france's finance minister christine lagarde well she's likely to keep up the institutions old ways says danielle benami a veteran financial journalist and editor at fund strategy magazine. i think what we're likely to see from christine lagarde is more of the same which is the i.m.f. trying to stabilize problems in the short cut short term deals but not really tackling the fundamental problems with the global economy i think it serves the interests of the western powers not just europe i mean clearly europe has

always had the head of the i.m.f. it continues to do so but it's done a deal with the with america's america has the chief role in the world bank even if . carstens had won this time i don't think it would change things that fundamentally because the problem with the i.m.f. is not just that it's headed by a european but a much more fundamentally that this a very short term this narrow technocratic institution to solve a lot of the problems facing the world economy we need political solutions with politicians tackling problems democratically elected politicians but we don't have that so we have a abdicated responsibility it's not just a question of where the head of the i.m.f. comes from or where the regional organization who represents but what kind of look at what kind of institution it is. now israel's military is on edge after intelligence reports of troop movements in syria and across the border in lebanon

well it's concerned hezbollah might be moving weapons to strike at the jewish state to divert attention from its ally syrian president bashar assad policy or takes a look at how the situation in the region threatens to spend 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 this belies 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. to to to to 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 it the syrian regime hezbollah in lebanon and how mass in gaza western intelligence reports suggest has been 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 of syrian government gender group. and israelis fear a new war in the region even if the syrian regime stays tell of a reportedly sent a message to president assad warning him that if he starts

a war with israel in order to divert attention from domestic problems israel would target him personally but such a war would also play into the hands of his below as far as we know hizbullah has now accumulated around forty five thousand missiles of various ranges. there is run of all part of them that in fact the variance goes beyond three hundred and three hundred fifty kilometers which according to them at least they can reach the whole of. 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 true 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 new countries 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. will go about the worktop story on maybe a greek crisis where the government has just passed a new round of austerity cuts with people protesting against their will i'm joined by a lawyer and professor mark herber joining us live from berlin thank you very much for joining us also now the austerity package has been passed and greece is for more bailout money now can be e.u. finally relax now that the crisis has been averted which they say had been the goal in the first place. well some politicians who have argued that the rescue of greece and already won he might be relieved but fundamentally those who look at the greek crisis are you a crisis it's their mood really for the door because. a people which is receiving from the center which is few community and where the international monetary fund

still keeps protesting and violently protesting. it is a real problem. in the long run and the greek crisis can only be solved in the very long run. the legitimacy of the greek democracy will be sufficient in order to realize all reform is necessary not only virals territory or this well by generating wealth in the country by generating tax income and by creating a state which is worth being called a state in which is no longer pray over the party system in greece look at all the protests going on against austerity cuts but don't you think the e.u. has a responsibility to bail out its neighbors otherwise was the point of having juggernauts like germany and france in union with economies like greece and ireland is a valid. as you know we have a bailout probation in the european treaty article one hundred twenty five which expresses says that we have a monterrey union into

a union without collective financial losses to solidarity. in case of natural catastrophe like earthquakes requires is not the earthquake it's a governance problem it's generated by greece and greece is a responsibility so as a matter of fact as people believe that the greek crisis might create a contagion to other more developed economies politicians are afraid of people who are afraid to take very very unreasonable decisions the first decision was to allow greece to have a very generous credit last year and a credit to a sovereign country means that as long as the sovereign country hasn't been imposed hasn't paid back the credit or people who have been creditors will remain at risk so we are in a very very dangerous phase of european monetary policy if you appeal institutional policy because we have stayed away straight away from the power of institutional

a normative virtue which is laid down in the treaty and overnight again on the ninth and tenth of may on the french influence of the european economic. community and in particular the european monetary union has been redesigned without any vote by the populations who have consented to giving up the money amongst those germans and their will and very bitterly i fear don't you think though that saving it be a euro would be to germany's benefit because if you're going to save countries like greece for example wouldn't that be to the benefit of germany who who exports to a lot of the countries in the world. let's focus on the sober fact greece represents about one point two percent of the gross national product of the community this is really peanuts i say this with great respect but it's economics peaking not an important country and in feud over the years. from

last year on from one thousand nine hundred. ninety nine to nine. seventeen the billion a year without having in homes and increased and because it is a fairy tale to say that germany has been benefiting from the euro and is that boy committed. to rescue german exports before you can very hard german exports to countries like greece have to hike they have to go in a very good way what has to go very good way it would have to believe it or that the average and growth rates are three years. and start out to interrupt you that's all the time we have for now thank you very much for your thoughts a lawyer and professor markus kerber thank you very much. france has become the first country to openly admit it has supplied the libyan rebels with weapons a french military spokesman said arms including machine guns and rocket propelled

grenades were parachuted into by air to besieged rebels in washington the senate foreign relations committee has finally authorized american involvement in libya something president obama was strongly pushing for the resolution gives approval for u.s. warplanes and unmanned drones to continue limited strikes for up to one year but it does forbid the deployment of ground troops professor of international studies at trinity college in hartford says the authorisation is yet another legal violation. to me you know it was going to. be a story. as u.n. resolution within a few hours of the will of beginning with the french and american striking libya they had already violated the narrow terms of the un resolution and now it looks like libya is simply being bled being a hundred days of a day twenty four thousand sorties you know there's

a very gradually being followed leading over libya to the extent where the duffys ally and then defect most of whose side has said that libya is being made into what he calls it giant so molly the united states president has not over the last twenty years come to congress to seek authorization for a war they've been very poorly defined statements brought before congress the same thing in afghanistan if the united states had probably gone to war in afghanistan then it may not have been so unclear about the legality for instance of killing osama bin laden. well over a thousand people have been injured in two days of violent protests in egypt the rest began over the slow pace of prosecution for police officers accused of brutally brutality during the mass uprisings in february or the revolution put an end to president hosni mubarak's a thirteen year rule leaving the country in the hands of a military council a problem answering election is scheduled for september but many parties want to

postpone it further saying more time is needed for a political landscape but the trouble situation in the country means they may not have time says a host of other lists of course of russia radio. they don't have a lot of time if you look at it in financial terms there's been a report out that says that egypt is losing five hundred million dollars a day because the unrest there is of course people leaving businesses are not producing as they should be on the rest has certainly disrupted some of the financial systems in the country so they don't really have a lot of time to really put this together this kind of unrest can it's rather messy it's not an even process and quite frankly they've got it they have to get their ship back in the water as they say to get the kind of government they want and get order back in the streets and then start actually building a government and building that nation back up of russian orphans face a tough childhood but being an adult can be even worse the government legally has

to provide housing for anyone leaving care but as our peter all of our reports that often doesn't happen. in dilapidated. this flap 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 true parents somehow believe here they showed me a paper on how to build a house i told them that i had no funds i have no job i have to take care of kids and i ended up renting a place they said it's not our problem lena grew up in an orphanage in the city of to bear 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. this is traditional 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 live however here is exactly where the thirties of told her that she should bring up 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 for. our kids are smaller you know when they're little and everybody loves to help their small but presents that santa clause and 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 needs for orphans leaving care it's also in short supply and which

is stored in it 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 one currently only administrative penalties can be imposed on anyone standing in the way of those leaving care getting housing alexander gears a loaf form often him self 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 or a change in the law might help people in the future but lena needs to find a solution right now. i don't ask them all the mall this is a given homes to raise their children why can't i have that isn't because i don't

know the rules or because i'm not too low to live because it's forbidden for me to have family some people are trying to help me but to follow their efforts have been in vain. to reach you and back to our top story dozens of people have been reported injured as clashes between police and protesters continue in the greek capital athens it follows the parliament's approval of a controversial new a sturdy package and for more details we're now joined by financial the three of us live from athens thank you very much for joining us i can just give us the latest from the a capital. so if you want to give us the latest from the capital what's happening there right now. well things are starting to slow down a little bit a lot but nothing like yesterday yesterday we had from about seven to nine pm we had a much better bit of a break where people could come back into the square i was able to get back in at that time before things start to ramp up again here even the wall that we have as

you see spotted violence and there's been a lot of fires a lot of tear gas you can't really breathe you certainly can't breathe you can hardly see and it's the worst thing that i've seen and being a number of these protests so it's getting pretty violent ok well the greek elections are coming in a few months do you think they'll change anything or are these a sturdy cots are staying for a good. while the government falls. i would expect a new government to come in and then the government the fall too and then after that maybe maybe we can get a these these are sort of measures. not not to be implemented but as far as i see as far as i understand from what the government is showing the people of greece there are different really to the public opinion they don't really care what they're interested about is what the euro kratz and the troika have to say and that's that's where they do their bidding and they just came here come here to implement the laws of the past them and there are concerns now that future taxes will provoke a brain drain from greece as well as economic stagnation due to excessive taxes are those concerns valid. are those considered valid absolutely i mean we've been

having a brain drain for the last ten years at least there's a lot more i would say and the measures that are being an actor right now are doing nothing to stop that i mean you're not going to have capital investment this country if you raise taxes you're not going to have capital invested in this country if all you're interested in doing is liquidating assets. you know liquidation prices and not reforming the laws what does it matter if the public utility companies are monopoly companies owned by the state or monopoly industries owned by some some country some company in germany or france and it makes no difference in fact that would be worse so we want privatization here but we want real privatization we don't want liquidation and hostile takeovers which is what we have now this is an l.b.o. this is a leverage buyout of this country all right well i think he very much dimitri kovtun us the financial journalist joining us there from apple. and now it's time for the of business news with dmitri in a few moments. welcome

to business see the rivalry of two russian stock exchanges. have for the final seal of approval on the merger it's a big part of the government's efforts to improve russians financial infrastructure and start transforming moscow into a global financial center as money. cell line sealed and delivered to our now one and that's helped the beginning of a bright new future for russian markets that the only things the are fifteen years of better competition between our two yes and my sense now we can actually get through that and the year will just market three over the counter market every

year down at the places which are now which are the church for us to be sure the idea is to make mosco more attractive to investors to boost liquidity on the market and create a solid centralized and get the five infrastructure which will attract more foreigners in this film that it's going to be a technically reliable platform which will make it easier for investors to access the merge borsch will have more influence over making decisions making the market more comfortable for international investors. but critics say that one x. aims could lead someone locally which could affect the cost of doing business or russia they say that less competition could mean less and that they should at the same time other experts say that this is the but a long way in helping the government in the stagnation moscow as a global financial center all the force which doesn't have a name yet is expected to be up along by the end of this year and i.p.o. is planned for. it's twenty thirteen worth about one billion dollars. that's now

moved to the markets and mostly as a reaction to greece's approval for steroids the measures no matter how controversial they were the european markets were gaining with a four c. one a half percent the dax one point seven percent with banks gaining them much. and the rally also continues in u.s. markets for a third straight session on the optimism about the reduced risk of greece's default financials are also in the lead bank of america is up around three percent this hour. into the closing picture of the russian markets and also up the r.t.s. putting on one percent my sex half a percent that's after a very strong session on choose day main drivers of the growth still financials b.c.b. up four percent shares were also high with ross never gaining one percent in the mining sector met show actually lost two and a half percent of stock at its lowest more than a month last despite the company almost quadrupling its net profit in the first quarter year reaching three hundred and nine million dollars.

russian president medvedev has outlined budget guidelines for the next two years the social tax for businesses will be reduced but instead the burden will grow for the gas industry analysts say it's quite an unusual speech for pre-election period because of outlined tax increases. it has been a long story that the government authorities try to approach the increase of duties on. the export of gas and. always had enough arguments defend its positions and finally groups like the paper managed to say it took to force on force their decision at least as i see it as a secretive because as a senior as a head president and i'll see. it in its budget address i suppose about the big issue is solved. state assets and revenues from oil and gas will also be used to make up for budget deficit present a bit of support an increase in alcohol and tobacco excise the government wants to

lessen the negative social impact of their consumption. export monopoly to rouse finally resuming supplies to the company says because now paid its bills in full russia pulled the plug after builders of the paid by around fifteen million dollars about a tenth of the country's electricity supplies comes from russia. and the headlines are next on our way.