the headlines on our t.v. clashes between riot police and invigorate protesters continue in the streets of athens following the government's approval of harsh new austerity laws which pave the way for billions in e.u. bailout loans. syria's on address the russians to spread across the middle east israel is concerned that hezbollah is moving weapons to eleven on just in case president assad is overthrown. and or france and russia continue to struggle in adulthood a lack of government provided housing mean some how to live in rundown homes with a little help.

ten pm here in the russian capital you're watching our teeth thanks for joining us now our top story the greek government has voted in favor of a new round of austerity cuts securing the next multibillion installment of cash from the e.u. and staving off a default but furious protesters have reacted violently to the vote with battles between police and demonstrators continuing just meters from parliament all scenes from downtown athens resemble a war zone as protesters fight with riot squads amid a volleys of tear gas hundreds of thousands of people nationwide walked off their jobs for a two day strike against the a steady cots and they say drowning the country adept at crippling interest rates has failed once and it will feel again all their worrying reports of escalating viral. constitution square with dozens reported injured or detained by police and

national journalist dimitri coffeehouses believes the government is living apart from the needs of the people. 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 that being a number of these protests so it's getting pretty violent as far as i see and as far as i understand from what the government is showing the people of greece there are different really for the public opinion they don't really care what they're interested about is what the euro crowds in the troika have to say and that's that's where they do their bidding and they just came to come here to implement the laws of the past and put a government falls. i would expect the new government to come in and then i'd have a full two and then after that maybe maybe we can have these these are starting measures. not not to be implemented we've been having a brain drain for the last ten years at least we're not 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 as countries if you raise taxes you're

not going to have capital investment of the country you call your incident doing 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 some company in germany or france and it makes no difference in fact i would be worse so we want privatization 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 leveraged buyout of this country one of the main grievances held by the protesters is that they're being made to pay for the mistakes of others most of them 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 the growing louder. it's a war we did not create this tour and are going to pay for this we want to be called large but if greece continues to fight against economic ruin the second

bailout. and attempt to prevent greece from depots in its previous lame attainments the greek people will be seeing a penny. of money actually comes into the greek economy it all goes out. the battles on say good 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 a struggling against hostile sterett he measures a great big government now faces an electorate opposed to another bailout they are going to get all the state property. state. property and they are going to get almost everything. and live. off the good people they are going to get in this in this. first month. it

certainly can it's a high cost for the cuts in public spending and raising taxes and an aggressive privatization program it would mean the sale of many quick. fixes robbery this is theft this is tension on the streets of athens continues to mount violent scenes witness recently disturbing testimony to just how far situations deteriorate is 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 of their forty lending policies and it's almost as if there's a whole other holy alliance of politicians and bankers versus ordinary people it's a fight that the people say they're not prepared to. r.t. athens. and the grim economic situation in greece will be high on the to do list for the new head of the international monetary fund francis the finance minister

christine legarde well she's likely to keep up the institutions old ways says danielle but i mean if that red financial journalist and editor at find a 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 term and cut short term deals but not really tackling the fundamental problems with the club that honestly 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. and continues to be so but he's done a deal with the with america so america has the chief role in the world bank even if. past tense had won this time i don't think it would change things that fundamentally because the problem of the i.m.f. is not just that it's headed by a european a much more fundamentally that is

a very short term narrow technocratic institution to solve all of the problems facing the world economy we need political solutions with politicians talking problems democratically elected politicians but we don't have that so we have them advocating 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. plenty ahead for you this hour including old habits die hard barack obama says america needs to keep far away at least the debt ceiling but find out how many trillions it stands out now. israel's military is on edge after intelligence reports of troop movements in syria and across the border in lebanon it's concerned has been long might be moving weapons to strike at the jewish state to divert attention from its ally syrian president bashar al assad or the smallest leader takes

a look at how the situation in the region threatens to spin 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 their. position. take over in syria. differently consider these belies and then the me is a separate. it's the mass of the. logical thing to do all transfer the weapon they put in syria. including two. for 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 a syrian regime hezbollah in lebanon hamas in gaza western intelligence reports suggest hizbollah 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. syrian government. group. and his release fear a new war in the region even if the syrian regime stays tell of it 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 you know hizbullah has

now with around forty five thousand missiles of various ranges. there is one of the all part of the range goes beyond three hundred goals three hundred fifty kilometers which according to pull them at least they can reach the whole of israel and the south of the country which is something israelis know these missiles originating in syria they found their way to lebanon and then they were fired by hizbollah onto the three state back in two thousand and six this museum was set up about a decade ago so that the idea could display weapons ammunition and items it had captured from israel's enemies on the ground and almost ominous threat eleven nice palestinian and hizbollah 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 a russian orphans face

a tough childhood but being an adult can be even worse the government legally has to provide housing for anyone leaving here but as artie's peter all reports that often doesn't happen. dark and dilapidated this looks more like a prime candidate for demolition and a family home twenty two year old mother of two lena has been told by social services she's still here. perhaps they haven't seen this place inside they keep telling us through purred 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 do care of kids and their place they said it's not our 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 and this was given saline as mother by the state and despite having no money she's been told. well. there's a tradition that's

a little 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 minute he says no way of living in the 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 all friends in russia say that it's when they leave the care homes that they need the most help the problem is for things our kids are smaller you know they're little and everybody loves to help others but rather than things. whereas in actual fact they've got bigger than me and they get bigger and that's really bad because he's standing beside them housing is one of those a good needs for all things leaving care it's also in short supply which knowledge

stored in it we made certain calculations for one region and found out that if a child is number ten thousand in a 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 currently only administrative penalties can be imposed on anyone standing in the way of those leaving care getting housing alexander gears a lot of the form often himself as a campaigner for orphans rights he wants to see the courts more involved he will have the kamath 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 that it's not find a solution right now. i ask them all the mothers are given homes to raise their

children and i have got isn't because they 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 so far their efforts have been in vain. these are all of the. same region. only go back to our top story where protests continue in athens against the new batch of astaire the cards passed by the government and for a view of the greek crisis from the e.u. i'm joined by georgia velo journalist simon we are talking to live from berlin thank you very much for joining us so what is the reaction to the greek parliament's approval of the authority cuts over there in germany. well certainly of the political level the reaction is very positive indeed chancellor merkel said today this was really a very good piece of news and of course the german government continues to focus on trying to avoid a greek default they see that is the main main danger here. if greek word to

default on its debts that would throw the whole eurozone into chaos and it would only ship crisis worse than the collapse of lehman brothers and also at the political level they're doing everything they can to support the greeks in this in the measures they're taking today all that's the argument they've been putting forward isn't it and what now that the default has been prevented which is the goal that germany is happy about now do you believe that's the end of the euros was. well certainly it isn't the end of the woes as i understand it i've still got to get another stage of this through parliament in athens but of course we then wait to see whether these measures will have an effect of course everybody here is well aware of the argument by tightening the screws on the greek population by raising taxes and introducing these other hysterically measures that's not of course the

best way to stimulate the economy in greece and what greece really needs is a massive reversal in its economic fortunes right now we need to see huge growth in greece over the next few years and i think. that's less likely to happen as a result of what's happened today so a whole lot of other measures are needed of course there's also the question of whether the ratings agencies and the markets will really buy this what's happened today whether they will see it really as you know anything more than a desperate last measure by the eurozone germany along with france is continuing to push ahead with this idea of getting the banks of private finance. more involved by asking them to roll over half of their greek debt for another thirty years but of course the bankers who are making positive noises about generally are also aware that this creates a whole new category of greek debt and that tends to undermine the credibility

of these measures i would say oh let's let's look at some of the fact that will happen quite soon after these are certain measures are passed do you believe greece can get its finances in order will be burdened by the massive interest rates imposed on them by the bailout this has been a concern voiced that ascii days. yeah well i mean i'm not a financial expert i've no idea but i do see that in greece the perspective is very much that they've already gone a long way forming their public sector and of course there's no reason really to believe that the greek state coffers will be any color as a result of these measures given greece's track record in the past. voiding paying taxes so tax hikes for instance that probably won't do the job and the burdens on the greek greece's financial institutions of course will get a lot heavier so i don't see this is

a short term solution it certainly medium and long term solution if it is a solution at all right thank you very much for insight simon young daughter bella journalist thank you very much for joining us. now america's credit rating will be slashed from perfect selective default if it fails to pay its bills by the fourth of august the us national debt amounts to over fourteen trillion dollars at the moment and obama wants it to go even higher for more on this we're joined by ricardo young a host and analyst that voice of russia radio thank you very much for joining us so the lawmakers in washington are still seeking to raise the country's debt ceiling or can they simply add new digits to the debt board and basically continue borrowing indefinitely. well actually they're actually not talking at this point it's unfortunate but the republican side of the party has decided to basically walk out of the talks and what they're saying right now is that president obama needs to show leadership as he started his news conference today show leadership on this

issue but even he is saying look we've got issues to take care of here we got to get back to the table and talk about this now most economists most analysts agree that at some point before august fourth the national debt ceiling will be raised because if it doesn't there's going to be as many are saying a global effect if america defaults and any of its moments so the president at his press conference today was very adamant about coming back and talking but also telling the republicans straight out that they have to start taking some of those sacred cows off the table like taxing the rich people talking about global effects that will surely it is that in anyone's interests if the dollar collapses it's always been the pillar of the global economy has been it. this certainly has and that's one of the reasons why if you listen to his press conference carefully when one journalist asked him what's going to happen if the u.s. defaults on its debts he didn't actually answer the question he was really quite vague about what might happen and one of the reasons why is that anything that the

president of united states says about this economy and its debt problem is that the global markets will react so in no way that he can say that this will happen or that will happen because if he does that obviously the global markets will start reacting to what the president predicts or says so at this point he simply says it should happen it will be bad but he does not get into specifics about what would happen well being isn't that worrying about being vague about what's going to happen the dollar is still the global reserve currency and the u.s. can print as many as it needs so there's really no charge it can collapse there even if they're being very vague about it at the moment. well again the president being vague about the possible effects of a default the u.s. has on its debt but again many would say at the eleventh hour the republicans and democrats generally come together but you must remember that this these debt talks it's still about politics you have to see it through the iowa politics the g.o.p. in this country the republicans have said repeatedly that after the twenty seven elections their job is to make sure that barack obama is

a one term president and so when you look at this issue as grave as it is many believe the republicans are still using it as a political tool to make it look like president barack obama isn't leading that he is the one to cause this problem but again as many say the u.s. can't afford to default on its debts and will come to some resolution before august fourth all right just very briefly now is there another currency that could replace the u.s. dollar at this point. probably not still the united states despite its problems it still is part of that large economic engine in the west so there's still going to be i'm sure a lot of talk about possibly going to the currency but the problem again when a global recession whatever currency at this point could replace the dollar. all right well thank you very much ricardo yang the host an analyst at a voice of russia radio thank you. and france has become the first country to openly admit it has supplied the libyan rebels with weapons

a french military spokesman said the arms including machine guns and rocket propelled grenades were parachuted in by air to besieged rebels meanwhile in washington the senate foreign relations committee has backed american involvement in libya something president obama was strongly pushing for the resolution gives approval for u.s. warplanes and on ground drones to continue limited strikes for up to a year but forbids the deployment of ground troops well for more on this that's cross live to washington that would have george kennedy a former diplomat for the u.s. thank you very much for joining us mr kenny now the resolution authorizing u.s. involvement in libya will now go to the senate floor and if finally approved what effect will this have on the war in libya. the not very much at all the house has already indicated that it doesn't really approve. the president has said that he'll go ahead and do whatever he wants to do anyway so you might argue that this adds a little bit of legitimacy to what he's doing but i think it's more of a distraction really the war about libya in

a sense if we want to try to really understand it isn't about libya but it's about the u.s. wanting to go off and have a series of wars or events because that's what we do if it weren't libya it would be somewhere else it would be syria perhaps iran maybe venezuela but. the real question is why does the u.s. want to always go out and have a war and i will washington says this time its mission is limited that's why the war powers act has not been violated you think this argument doesn't hold water. well not really because nobody knows what the mission is there at the moment it seems to be we're trying to get rid of gadhafi ok fine we'll then what. people in washington seem to be hoping that democracy will appear and that libya will go back to the way it was before but without gadhafi last time i checked there were about twenty major tribes and i don't know how many hundreds of sub tribes in libya the idea that somehow things will settle down by themselves after this war is really

not very reasonable and most likely the united states some nato countries will be stuck in libya in some capacity for a very long con well they'd be a set of committees that resolution for bits that have point of ground troops in libya we've heard this before haven't we will decide will washington stick to this restriction. well you know it's the short answer is no because after a good off he is gone if the libyans continue to fight amongst themselves as seems by far the most likely outcome then washington and european capitals will want to send in peacekeepers people to do humanitarian aid operations and so forth so i think that the introduction of ground troops at this point is pretty much and of ability ok and that france has now admitted it has armed libyan rebels is this a measure mandated by the u.n. resolution no it's completely contrary to the u.n. resolution and i would add in addition to what you said in the introduction the

apparently they've shipped a couple of light tanks into the rebels as well so we don't. very foolish on the part of france because we don't know who these rebels are we don't really know what they're going to do with these weapons and i would suspect that some significant percentage of the weapons will find their way into the hands of terrorists and will just become another problem for us to have to deal with later on so i regret the fact that the french have done this but it's done and it's another thing that we'll have to deal with i have i will thank you very much for your insight george kenney a former diplomat for the u.s. thank you. and i'll be back with the headlines shortly but first dimitri is here with the business news. thanks as i learned when welcome to business see the rivalry of the two russian stock exchanges is over. for the final seal of approval on their merger is

a big part of the government's efforts to improve russia's financial infrastructure and start transforming moscow into a global financial center. was. selling sealed and delivered to you i now want and it's not the beginning of a bright new future for russian markets the deal means the end of fifteen years of better competition between writes yes and my sex we can actually get through. the year we'll just market the market. at the places we can which are the future of the russian with the idea is to make moscow more attractive to investors to boost liquidity on the market and create a solid centralized and good but infrastructure which will attract more foreigners . so it's going to be a technically reliable platform which will make it easier for investors to access. will have more influence over law making decisions in the market more comfortable for international investors. but critics say that one x.

same squad lead someone locally which could affect the cost of doing business in russia they said that less competition could mean or less innovation at the same time other experts say that this is the goal long way in helping the government and the sadness in moscow as a global financial center while the bourse which doesn't have a name yet it is expected to be up and running by the end of this year and i.p.o. is primed for its once you've seen worth about one billion dollars and bring those nicely to the markets in europe they are rallying following greece's approval for posterity measures beaten being controversial banking shares were posting the biggest gains in london that was buckley's bank and in germany that's called us bank the biggest gainers of the day if we move to the u.s. we see the pretty similar picture although not such a high place that has a half of the nasdaq just point two percent that's after the optimism about the

reduced risk of greece is the fourth and bank of america is also in the lead financials are also leading the gains you know russia where the r.t.s. games one percent my six percent on wednesday the z.b. bank was the biggest gave up four percent energy shares were also fueling well with more snow fell one percent but mitchell was down to an all percent despite reporting results which beat expectations as it saw its profits almost quadrupled in the first off the theory. that's all we have time for we will be back next hour with an eye opening statement you don't have lights. to. the.

question is that so much given to each musician trying to hide from the market the freedom flotilla two point zero four thousand fold palestinian activists from twenty two countries for such a joint freedom flotilla two in a. wealthy british style said last night on the tires. markets finance scandal. find out what's really happening to the global economy in these kinds of reports on our. commission him free.