we've all just gone to video for your media projects a free media are cheap dot com. the powerful credit ratings agencies get a low score from germany and once they are influence curb after they put forth a lot of risk of a second bailout. facing up to europe sinking feeling the new i.m.f. chief sets out her stall but the media's eyes remain fixed on her predecessors please count on. us findings and to last year's fatal gaza aid flotilla rater dude but israel refuses to apologize to turkey for killing nine of its citizens on board . families a light show increasing numbers of laser hooligans are endangering air passengers in russia by blinding pilots as the land.

this is actually coming to live from moscow one pm here she welcome to the program germany's finance minister wants to curb the power of the dominant credit rating agencies their verdicts can make or break economies most recently causing a euro stock plunged after downgrading portugal's dance to junk germany is at the heart of propping up failing nations spot is now questioning whether the bailouts are legal or some economists the current strategy is just maintaining the pain. now looks like the political will need a second bailout some point in the future and that it could default puts it in the same sort of financial problem sector as greece and it could have same sort of financial market response as a greek default but you have to remember that the greek public has been putting up with this for much longer than the portuguese public have so maybe

a year down the line we might be seeing similar process in portugal in lisbon as we're seeing now in greece so we can't really mitigate for that. there's still the whole problem of this one rests in the central countries such as germany where the outrage against the bailouts and not just to greece but to countries such as. and this political unrest seems to keep growing and will keep growing with a second bailout portugal the alternative is there will be a default in these countries at the moment the real approach just seems to be to lay it for as long as possible it looks as if germany and france are dictating this and they are trying to protect their banks and delay the inevitable default if you allow the countries to fund themselves for short amount of time for a year or two but ultimately these countries are insolvent and they will not be able to promise them selves in the long term so they will need some form of debt relief in some form restructuring so it's better to get through this sooner rather than later as all only increase in terms of political costs and economic costs. in all these countries is yet to peak and will continue increasing. the eventual

restructuring eventually right down to need to be taken just get larger not to mention as we've already spoken about the political costs of continuing these bailouts and the austerity measures. financial commentators have long suggested that the euro zone's weaker economies should quit the currency online r.t. here is a very different solution. it's a better solution if you would with your food fuel economy smarthome ross explains why the big boys should bow out and start to go along with more insight and opinion on europe's financial woes. but cash strapped hughes giving christine legarde much to think about in her first days in charge of the i.m.f. she told reporters that she's picking up the baton from her predecessor to deal with the problems and reform sab again under stross khan's watch christine says there is still more interest and muckraking then money matters. from

violence on the streets of the middle east. to protests in north africa to europe. portugal's credit rating has been deemed junk. in greece. for unemployment hovers at about sixteen percent and the debt crisis has sparked anger uli all of this anger stemming from poverty and failed economic policies in the us as well high unemployment sits atop a mountain of problems like housing prices and slow financial growth. this is the world christine lagarde inherits as she begins at her new post as managing director of the international monetary fund and her first formal meeting with the press at the i.m.f. headquarters in washington she seemed optimistic in her hopes the international monetary fund is here to serve and to provide services to its hundred and eighty

seven numbers it's not that the effect of news stories might fill the inaugural press conference for the new managing director of the i.m.f. there garner quite a bit of media attention most likely it had left to do with christine lagarde herself and more to do with the reason why she's here. what lessons do you think or to be drawn from the way the u.s. legal system and the mistress find case we could be any reforms in the human relay and human resources policies here do you plan any changes in the in light of the controversy over mr strauss kahn the controversy of course with dominique strauss kahn accused of raping a hotel maid in new york and that case now starting to crumble after it turned out the maid had credibility problems back to the i.m.f. were low guard will take over let me ask you about a couple of issues what worries you the most guarded her best to stay on message we cannot be only driven by the. to

reduce fiscal deficits and organize fiscal consolidation in a big way whether you look at advanced economies or whether you look at emerging markets or low income countries the issue of employment. is a critical one the one hundred eighty seven nation organization has already lent one hundred sixty billion dollars to cash strapped nations many of which have little hope for paying it back. so the real questions are manifested here on the streets of some of the nation suffering the most are expecting aid from the i.m.f. has been presented at times as the only option as austerity measures are now being put into place the questions too are in the dollar and how its value may or may not change under her watch for managing the debt crisis around the world will fall at the top of her agenda as the rest of the world watches with hope first ability in

an unstable world in washington christine for south r.t. later today the kaiser report takes on the euro countries who are selling the family silver to stamp. seeing the introduction of neo feudalism into europe as we've said all along sells. everything must go in great fire sale these nations are giving out income producing assets they're basically their tollbooths right it's not capital that has nothing to do with capitalism capitalism in the first competition if you're not allowed to compete because the state is orchestrating takeovers from foreign banks of your assets that's called an occupation. maybe those actions in libya are cynical and costing human lives that's how russian

foreign minister put it in an interview with russian state television alex find out what else he. joins us live from moscow where it's interesting timing is that mark rock due in washington next week so what else has he said. well sort of go up over so she didn't say anything that he hasn't said before when it comes to the international intervention in situation in libya however this time. we should use more emotive language if it was he referred to the going situation as cynical and also brought up the fund the bombing campaign in libya is currently going on longer than bombing campaigns went on in some parts of the former yugoslavia. nature's bombing libya longer that it was bombing yugoslavia several years ago and there is no end in sight it's obvious that politics is a cynical matter we hear from the western capitals that the bombing should go on

until gadhafi backs off but the human cost of these political statements is very high school student. now foreign minister lavrov wasn't going just talking about libya you also brought up relations with the united kingdom saying that when it came to visa free trouble within the between russia and the united kingdom that the liquid yank a merger several years ago wasn't a deciding factor now alexander leafing incurred a security officer from russia pro-forma security office and russia was killed in two thousand and six and in britain now he said that although some of his british partners may think that this was a eight deciding fight that in thaws the russian side goes this wasn't anything to do with it when it came to these a free travel between the two countries and in what was essentially a triple header from the foreign minister he also brought up the fact that if

a united states has proposed missile shield air missile shield in eastern europe if russia was to be involved in us then russia wouldn't be against it so three key statements from the foreign minister right there. all right here thanks very much for bringing us to something quite all right there. so i have for us our advice see the light could be deadly for air travelers. who put it past and jet allied to arriving from work does the old by pople green light that be a problem by someone on the ground not the one but be at it something much of the time or that that the accident occurred. was artie's closer team meets the seniors of siberia as one of the region's oldest cities helps its lonely elderly citizens. a friendship

bound for gaza was a has been stopped in crete comes as the un is due to report on the raid on the previous humanitarian flotilla by israeli troops in may last year when nine turkish activists died after commandos stormed their vessel the incident continues to drive a wedge between israel and turkey as falsely or now explains. today thursday is the deadline that the united nations gave itself to submit a report into last may's patella incident in which knowing turkish citizens were killed while trying to break israel's blockade on gaza for the last few days is radiant turkish citizens have been meeting around the clock in new york to try and reach some kind of formula that is acceptable to both sides at the heart of the just speech is istanbul's insistence that tel aviv apologize for its role in events but so far israel has refused to do this offering instate with great for the loss of life now the head of the commission jeffrey palmer has said regardless of whether or not both sides are able to reach some kind of quiet mutual agreement he is issuing that report today piers day and this has been an impetus to both the

israelis and church to try and on out their differences for reconsideration because most people do understand that if the report is issued with off we consider it will be much harder for that we consideration to be made at a later date now it is also widely understood that the report is likely to uphold israel's legal right to impose a naval blockade on gaza but at the same time it is likely to charge the israelis with using excessive force that is what has so far indicated that it is prepared to pay compensation but as long as this doesn't create a president and open it up for food that such illegal claims i was the reporting there our news updated around the clock at r.t. dot com let's look at some of the other features you find there now. detained for clapping their hands police wildly clamp down in the struggle to stifle peaceful protest in bellerose plus. best record in the world you can see sixty

minutes fortunately i need something to do it says to show. your. wife started taping art in mexico where police discover that mexican drug lords are kidnapping computer hackers to help them one their banks actually take a legal route to our web site and gathered. tales that are dot com. airliners are add their most vulnerable during takeoff and landing and now there is an increasing threat from the ground from being of light more than fifty planes in russia have had a laser shown into the cockpit this year dazzling pilots just one they need all their concentration and to which all reports on the police hunt for the whole gas behind the potentially lethal lasers. very clear proof that the does a laser or indeed i can be a major distraction before christian or not and. the consequences could be catastrophic if someone is targeted well flying an aircraft with hundreds of

passengers on board and blinding khaled's by laser beams has become an increasing new season rush over fifty attacks registered since the beginning of the year. the latest incident was that the small port where the pilots of a passenger allied arriving from istanbul were dazzled by a possible green light aimed at the aircraft by someone on the ground just minutes later and now the problem. but nothing but b.s. it's only a matter of time before that that accident occurs we were going to during landing just a hundred meters above the ground when we were only a kilometer away from the runway as a result we were in danger of losing control the crew was titled in a catastrophe could happen. in the worst case scenario harmless can land automatically up north. in london or to pilots and even if they do those in the

beach need to remain in control and be able to see. the effect of a laser beam on a pilot can be compared to that of lightning it blinds you. potentially lethal laser guns and cause it from china and russia for as little as a hundred dollars firing a laser beam as far as five kilometers they can burn through paper and even plastic . in the u.s. sales of such devices are banned russian legislators are also considering outlawing them and toughening punishment for this offense though some are shining a spotlight on the police calling for more action the question was in court everyone's waiting for new laws but has no excuse for police and action on the ground of our current legislation is good enough is allows for the arrest and imprisonment of such fools for up to ten years in prison as of now there has been

only one arrest in russia for intentionally targeting an aircraft with a laser or the suspect still under investigation attempting to down a plane by other means would be classed as terrorism public concern in russia is rising about the potentially equally serious waste from laser allots and their high tech hooliganism it's been a great show for our team still. to come on stories from around the world and police have stormed a can of garden southern a laser work bag armed with a machete held thirty children and teachers captive that of the hostages were injured in the seven hour seed were turned and when security forces subdue the man his motives are not yet known. train has hit a railway crossing in northern india killing at least thirty five people the bus was on its way from a wedding party with about eighty on board when its absolute broke a man's crossing most of the other passengers have been injured train pushed it

more than five hundred meters before coming to a halt. south korea will host the twenty eighteen winter olympics the city of him chan beat its two european rivals munich in germany and annecy in france it's third time lucky for south korea which previously bid to host the games in two thousand and ten and twenty words more on this and our sports boards him then drew next hour. next in russia close up we take you to the gateway to siberia. we are in the region which lies south of the my ural mountains an estate sector by the renowned transcode derian railway it's lush landscape has made it a prime spot for russia's food basket giving it a rich agricultural heritage at its heart lies corgan city lives have your is old

the cities and one which is the val bring a new life for its senior citizens as envoy has been discovering. according to the last census people of retirement age by the fastest growing demographic here in russia and while in the west old age is often seen as a time to indulge in your hobbies to travel spend more time with your loved ones here in russia retirement is often perceived as the. lowliest and in economic terms the least secure part of life well here in the core gone region the local authorities have come up with some innovative ways to on the one hand decrease the budgets are a burden associated with providing for the elderly population and on the other had senior citizens the law been kier the need to maybe eighty nine but the xander ivana doesn't have too many happy memories to dwell on a lot of his childhood

a work colored fuse a hard working adult life at twenty five she married an older man and devoted her time to caring for him they do have children so she always knew eventually she'd be alone most people used to ask me why i worked so much they would say you don't have kids or you need money and i would respond if i had kids they'd help me when i'm old and since i don't have children i needed to work hard at least they would accept me in a retirement home yet her faith to patricia could never have expected when i was. zonder could no longer care for herself and was about to move into a nursing home a local family offered to adopt her overnight she received two grown up kids and a granddaughter who seemed to need her just as much as she needed them my mother passed away and we just couldn't come to terms with it we were really longing to hug grandma the house advice company and now depression around this family's part

of the senior adoption program pioneered in that regard the region six years ago the local authorities say it's a win win for all involved senior citizens receiving family care and their doctor and family getting benefit payments in return. one hundred dollars a month may not seem like a lot but in remote russian villages where jobs are scarce any source of income is valuable you see on those people who places senior citizen and a nursing home it costs the local budget between four hundred and five hundred dollars per month but where they live with families is down to about a hundred dollars per person the canonical fact is obvious but the most important thing is that elderly people enjoy the comforts of family life yet despite its apparent old round appeal the program is still small involving only around fifty passion or is there is a cultural reason for it traditionally in russia outer cure has been seen as a responsibility of family members being placed in

a nursing home was still associated with shame and stigma and it seems that the idea of living with strangers is not the easiest south either one dispassion or join galina and her mother the arrangement was it would be only for a year or so not to seventy two and has no children or close relatives and she's deeply concerned her deteriorating health will be a burden for others. yeah i like it here we haven't heard a single fight but one life for them why should they care for me when they can barely move around i don't want to burden anyone else and not doesn't feel there is a lot to celebrate about being all it helps her remaining time will be brief she starts at least now she has somebody to talk to. getting older is one of the biggest fears in the russian society with wars over terrorism natural disasters and crime and while in the west people are apprehensive about ageing mainly because of

the associated health problems here in russia aging is linked to poverty loss of dignity and wellness. least for these two pensioners it's not longer the same old story sounds like an artsy cog on the region and business is next with. right time for a business update a very warm welcome russian energy giant gazprom is losing european consumers area has fought creation and significantly reduced gas imports from russia and the country aims to replace the gap with its own gas and alternative supplies turned on stern from the also it institute for energy studies believes the company may lose even more if its price sponsor remains unchanged. what gazprom needs to decide is does it want to sell a smaller amount of gas at a high price or more gas at

a low price and the answer at the moment is he wants to hold the price relative to all and sell less gas and that's that's fine that's a policy but that he's not going to get gas a more important role in europe in fact it's probably going to reduce gas israel you could i mean that is a that is a sovereign choice for russia and a commercial choice for gazprom what i would say is where does gazprom see its european market in fifteen twenty years time doesn't see it still selling the same amount of gas as it does today in which case fine continue the way you go on the other hand if you want to sell more gas then i think you will have to adjust its pricing policy. by for a quick check on the markets but i will also those investors that shrinking stockpiles and signs of economic recovery in the u.s. light sweet is trading at around ninety seven dollars a barrel dr brand is that one hundred fourteen dollars round and european is the high on the record think the previous sessions declined with their investment

krrish by overnights gains on wall street and in asia and you're breaking interest rate decisions in britain and europe. and the russian markets is trading strong in the black tracking gains in the us and asia investors here are still has done to make him big moves in and as a patient of peak not a danger from europe let's now have a loop because some of the individual show moves on my side so may just caving in the strong occurred with a two percent refund is also up supported by news you may see a record net profit in. and generating company i was ok for you this morning the main gain is that by news of you competing russian energy conglomerate being created gazprom was considering marching itself is generating business with another russian energy major. i.e. as holding if agreed to join a company will become the country's biggest power producer with an estimated value of at least seven billion dollars rational to make

a gasp or continue to put financial crisis that behind it its increased sales twenty five percent year on view in the past five months of twenty eleven results have kept pace with the quoth the group saw in twenty ten when it returned to profit c.e.o. who understands us personally utilization program helped recoup production lost trying to cross. this is avoid your business in the big volume and not claim come back to was it would have been very difficult saw the combination of course called your volume help those with god was your we could have been there it's going back to our customers with customers trust our products. well good news for the russian film industry has to balance a career to help out one of the country's largest proven rights stammers mass media heavyweight here. and i n g will see its filmmaking subsidiary get millions of dollars or at a cost or explains how this could impress russia's film industry. in the movie

world money is king and in russia there's not much to go around when it comes to films but that's all about to change things through in selectional property. years reverend together are pouring in for announcing for sort of the of around forty two forty three million dollars we are taking the film rights as collateral we do this because the market is developing very quickly our engine has a lot of experience with doing this to us and europe and we think this market will develop in the same way the maturity of producers in russia are looking for government subsidies or to make deals with t.v. companies industry experts say this could change things around the only problem is not a lot of production companies own the copyrights of their films the t.v. channels do the fact russian world studios has such a big library it can use as collateral is unprecedented. we do this so producers

should be interested in the all use voted for the films with money and to make that happen we need to make film production and indiscreet too that we have a true capital. it's a very shaky time for the russian film industry box office revenues are up but the domestic share is going down only six of the sixty nine movies produced locally last year made a profit all these reports are part of a bigger goal to require process film industry to get international investors in both the local productions and more funding brought from baby apart from hollywood but that's all out to give and after blockbusters like that's one iran for their money were enough business r.t. . but for some for business gotten over back unless someone else time for more business stories here on our t.v. so stay with us. so.

twenty years ago in the largest country in. the subsequences of the. us how did you. get to germany. where did it take. more news today violence is once again flared up. these are the images the world

has been seeing from the streets of canada. the chinese hope for asians to rule the day. spent in the year in iraq as a military journalist i saw some of the ways to go in the only news conference there is there's kind of wasting their time trying not to get killed for you. i am. i thought all was willing to do stuff please see about five hundred miles a day which is be about twenty seven days in the new point of publicizing the people invited the more i think the hope leads these these people started the bait have a dialogue and sleep just fine.