tyee london hotel telling us it's like the hotel full points pleasures and i would print so to the splendid hotel in touch with the hotel du toit your group of which is a google how would international flood to change every green the toll in terms of. the powerful credit ratings agencies get a low score from germany it wants their influence curve after bit with portugal the risk of a second to bail out. facing up to europe's sinking feeling the new i.m.f. chief sets out her school for the media's eyes remained fixed on her predecessors sleazy scandal and. the un's findings into last year's a fatal gaza aid flotilla raid or do you put israel refuses refuses to use me to apologize to turkey for killing and nine of its citizens on board. and the little light show increasing numbers of laser hooligans are endangering air passengers in

russia blinding the pilots as they were. a very warm welcome to you this is r.t. live from moscow i'm a rover some say germany's finance minister wants to curb the power of the dominant credit rating agencies that x. cannot make or break economies so most recently causing a euro stock plunge off the downgrading portugal's debt to junk germany is at the heart of propping up failing nations meantime but is now questioning whether the bailouts are legal for some economists the current strategy is just maintaining the pain. now looks like a push call will need a second bailout some point in the future and that it could default puts it in the same sort of financial problem as greece and it could have sensible financial

market response as a greek default we have to remember that the greek public have 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 call really mitigate for that. there's still the whole problem of puts one rest in the central countries such as germany where there's the outrage against the bailouts not just degrees but to countries such as which will 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're trying to protect their banks and to lay the n.f.l. default to allow the countries to from themself for a short amount of time a year or two but ultimately these countries are insolvent and they will not be able to point us in selves in the long term so they will need some form of debt relief and some for restructuring so it's better to get through this sooner rather

than later as all only increase in terms of both political costs and economic costs . in all these countries is yet to peak and will continue increasing every year so the eventual restructuring eventual right need to be taken larger not to mention as you've already spoken about the political costs of continuing these bailouts and the austerity measures. financial commentators have long suggested that the eurozone is a weaker economies should simply quit because online r.t. has a very different solution. it's a better solution if germany would withdraw from the economist michael brussels explains why the big boys should bow out of the hearty thought come along with more insight and opinion on europe's financial problems. the cash a strong. e.u. is 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 critics as it's a deal with the problems and reforms that began under strauss khan's watch but

artie's christina fears are says there's a still more interested in not breaking rather than money matters i was from violence on the streets of the middle east. to protests in north africa to europe. for portugal's credit rating has been deemed junk. and in greece to it 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 legarde inherits as she begins her new post as managing director at 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 members it's not actually a good news story i feel 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 less to do with christine lagarde so more to do with the reason why she's here. and what lessons do you think could be drawn from the way the u.s. legal system to handle this transpire case will be any reforms in the human rights and human resources policies here do you plan any changes in them 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 that case now starting to crumble after it turned out the maid had credibility problems but back to the i.m.f. or lagarde will take over then 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 hope 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 accepting aid from the i.m.f. has been presented at times as the only option as a series of 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. and next hour here on our show you the report takes on the euro countries who are selling the family silver just to stay afloat. in the introduction of neo feudalism into europe as we've said all along cells cells everything must go in great fire sale these nations are giving out income producing assets they're basically the they're tollbooths right it's not capital things that has nothing to do with capitalism capitalism and 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.

because reporters next hour here on our team nato's actions in libya are cynical and costing us human lives the russian foreign minister put it in an interview with russian state television but let's find out what all sort of your life are offered to say if you do all of our joins us live in moscow peter hart interesting timing isn't it with you in washington next week i would have to have to say. well i suppose with rain here in the russian capital city a love for the russian foreign minister has been pouring scorn over what he sees as a cynical. development as cynical developments in the ongoing military campaign in libya and the ongoing situation there now he made reference to the fact that the bombing campaign in libya is currently by nato has currently gone on longer then the bombing campaign against by the same organization against certain

parts of the former yugoslavia. nato is 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 the bombing should go on and off he backs off but the human cost of these political statements is very high. so foreign minister lavrov didn't end there talking about libya he also went on to discuss the relationship between russia and the united kingdom saying that despite reports coming out of the u.k. had suggested that the. death of alexander leaf and yank of the former russian security russian security officer in two thousand and six they hadn't become a stumbling block when it came to visa free travel between the two countries he

said mr lavrov said his relate to his relationship with downing street this wasn't an issue at the moment and that the visa free regime was ongoing with discussions on them as it goes right now now it wasn't just there where we ended he also went on in what was essentially a triple header for the foreign minister to talk about the proposed nato anti-missile defense shield to be built east. in europe no mr love rob said there should be consulted on this and involved in. the creation of these anti-missile defense shield based in eastern europe that it would do great great tunes to get rid of and untie it so i figured i'd get rid of a a cold war atmosphere in the two if russia could be involved and they could work towards not just creating this missile defense shield but also working towards

relationships between nato and russia of course peter was last november in lisbon at the russia a nato summit. so i said we will try to work together on a joint missile program and they just added insult you need never said no you know what we're not going to work with you or not so we're entering developments and parties but all of them are also things. well are still ahead for us our own are seeing the light could be deadly for travelers. pilots of a passenger airliner arriving from istanbul work that's owned by parcel greenlights paid that the aircraft by someone on the ground might believe nothing went wrong but it's it's only a matter of time if more accidents occur it's. closer to seniors all of siberia as one of the region's oldest cities helps its lonely elderly citizens. a french ship bound for gaza has been stopped in crete it comes as the un is due to report on a raid on

a previous humanitarian flotilla by israeli troops in may last year when nine it died after commandos stormed. didn't continue to drive a wedge between israel and turkey. explains. today thursday is the deadline that the united nations gave itself to submit to them of course into last may's patella incident in which nine turkish citizens were killed while trying to break israel's blockade on gaza. for the last few days this radio 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 dispute is its stumbles insistence that tel aviv apologize for its role in events but so far israel has refused to do this offering in state 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 tuesday and this has been an impetus to both the israelis and turks to try and find

out the differences between simulation because most people do understand that if the report is issued with afy conciliation it will be much harder for every conciliation to be made at a later date now it is also widely understood that the report is likely to uphold israel's illegal 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 precedent and open it up for food that such illegal claims. are what right have all of our news is updated around the clock at r.t. dot com let's look at some of the other features you'll find that right now no detained for clapping hands police a violently clamp down in a struggle to stifle peaceful protest in the bella groups plus. the best crackers in the world can do some sixty minutes on fortunately i need something to

do in sixty seconds you can just see life's imitating art in a mexico where police discover that mexican drug lords are kidnapping computer hackers to help them plunder banks make sure you take the legal route to our web site get the details of r.t. dot com. it's nearly called patiala now here in moscow airliners are most vulnerable during takeoff and landing and that is an increasing threat from the ground with a b. . of light more than fifty planes in russia have had lasers shot into the cockpit this year startling part is just what i need all the concentration i got into trouble the reports on the police guns behind a potentially lethal lasers. very become clear proof of the dazzle of a laser or indeed i can be a major distraction for food bill or christian run and. the consequences could be catastrophic if someone is targeted while flying an aircraft with hundreds of

passengers on board blinding pilots by laser beams has become an increasing nuisance and russia with over fifty attacks registered since the beginning of the year the latest incident was that the small port on the pilots of a passenger allied arriving from istanbul were dazzled by possible green lights and that the aircraft by someone on the ground just later and not the problem. but the topic was wrong but yet it's only a matter of time before accident occurs and 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 dazzled in a catastrophe could have happened. in the worst case scenario harlots can land automatically but not all as props can land on autopilot and even if they do those

in the cockpit 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 to potentially lethal laser guns imported from china can be bought in russia for as little as a hundred dollars firing a laser beam as far as five kilometers they can burn through a 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 will some are shining a spotlight on the police calling for more action acquittals in court everyone is waiting for a new laws but there's no excuse for police inaction on the ground 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 in-town sion lee targeting an aircraft with a laser with the suspect still under investigation attempting to down a plane but other means would be classed as terrorism public concern and russia's wising about the potentially equally serious risk from laser lots and their high tech hooliganism it's been a grouch over our team. and more suspect lights in the sky in a few minutes when our team talks to a leading russian astronomer to ask if u.f.o.'s really are. a detected approximately one thousand and usual phenomenon is that only two of which remain unexplained this day and the rest are either manmade or natural or some of them amazing they would not believe me if i told you about some of the things that we fell through and people didn't know such things could happen within the airplanes abandoned by that flew on for days or with a missile was one to detect by pass to be a passenger jet by a mere two meters there is

a joke we have the fact that extra terrestrials are not contacting us proves that they exist and they're smart. all right now let's go to some other world news and pray for you this hour police have stormed a kindergarten in southern malaysia where a man armed with a machete held a thirty children and teachers camp so none of the hostages were injured in the seven hour siege which ended when security forces subject his motives are not yet known. a train has a bus on a railway crossing in northern india killing at least thirty five people. on its way from a wedding party with about eighty on board when it's so road crossing most of the other passengers have been injured the train pushed for more than five hundred metres before coming to. south korea will host the two thousand and eighteen winter olympics it was to. beat its two european waffle munich in germany and a c.

in france third time lucky for south korea which previously bid to host the games in two thousand and ten and two thousand and fourteen more of that in our sports bulletin with andrew you know next. well the next russia close up we take you to the gateway to siberia. we are in a region which lies south of the ural mountains and deserts are selected by the renowned transit siberian railway. was made of the prime spot for russia's food basket giving it a rich cultural heritage. could again city one of siberia's oldest cities and one which is developing a new life for its senior citizens as a few stops on a bike has been discovered. according to the last census people of retirement age

a fast 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. loneliest and in economic terms the least secure a part of life well here in chicago on reaching the local authorities have come up with some innovative ways on the one hand. decrease the budget or burden associated with providing for the elderly population and on the other hand give senior citizens the love and here that being need she may be eighty nine but the xandra one and doesn't have too many happy memories to dwell on a loveless childhood a work colored youth a hard working adult life i wene five she married an older man and devoted her time to caring for him they do have children so she always knew eventually should be

alone most people used to ask me why i worked so much they would say you don't have kids why do you need money and i would respond if i had kids they'd help me when i'm old but since i don't have children i needed to work hard at least they would accept me in a retirement home yet her feet you could turn she could never have expected when alexander 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 but a real longing to her grandmother in the house or a device company an older person around this family supported the senior adoption program pioneered and began region six years ago the local authorities say it's a win win for all involved senior citizens receiving family care and they're

dotting 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 this before you place a senior citizen in a nursing home it costs the local budget between four hundred and five hundred dollars per month but to live with families is down to about one hundred dollars per person the economic effect is obvious but in the. important thing is that elderly people enjoy the conference of family life yet despite its apparent old ground appeal the program is still small involving only around fifty passion areas and there is a cultural reason for it traditionally in russia elder care 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 their idea of living with strangers is not the easiest sell are their

one dispassion or join galina and her mother the arrangement was it will 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. like it here we haven't heard a single fight but her mother 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 old 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 quiet i while in the west people are apprehensive abroad ageing mainly because of the associated health problems here in russia aging is linked to poverty a loss of dignity in this. but at least for these two pensioners it's not longer

the same old story of somebody or it's the call going to region. of the business or with after a short break. goes on the. little pallet the international sanctions as it takes place employers on july ninth and tenth. this linen collections by russian designers in the most beautiful though the city of central show. business again it's a little unfair children's fashion show slippers like silk presiding over the festive. fashion festival. this is. however one welcome time for your business updates russian energy giant gazprom was

losing european consumers all carry a houseful of gratian significantly reduced gas in france from russian country aims to replace the gas own gas sound alternative supplies come from stern from the also this is a change for energy service believes the company may lose even more if the price points 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 oil and sell less gas and that's that's fine that's ok 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 in your book i mean that is a that is a sovereign choice for russia and a commercial choice for gas probably what i would say is where does gas prom see its european market in fifteen twenty years time does it since they are selling the same amount of gas it does today and which case fine continue the way you go on the

other hand if it wants to sell more gas then i think you will have to adjust its pricing policy. gas problem will merge it's tricity generating business with another russian energy major. holding by year end the joint company will have become the country's biggest power producer with an estimated value of about seven billion dollars the march companies are also considering an i.p.o. meanwhile the federal monopoly serves calls the merger as unwelcome hasn't yet made a decision to investigate. time to check on the markets oil problem also says investors about shrinking stockpiles and signs of economic recovery in before last night's results trading at around ninety seven dollars per barrel while granted soft one hundred fourteen dollars per barrel. of european indices the high on thursday recouping different sessions declined from brussels encouraged by overnight and on the street and in asia there are waiting interest rate decisions

in britain and europe. and the russian markets are trading strongly in the black in the u.s. and asian investors here are hesitant to make any big moves so long as spatial economic data from the euro. has good news for the russian film industry. well the country's largest conglomerates system is the mass media heavyweight here and is still. in g. will see its filming making subsidiary get millions of dollars were not calls for explains how this could improve brushless film industry. in the movie world and 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 to end so actual property. is prevalent together or providing for an unseen facility of around forty two forty three million dollars we are taking the film rights as collateral really reduced because

the market is developing very quickly our engine has a lot of experience with doing this to us really europe will very soon this market will develop in the same way in the maturity of producers in russia are looking for government subsidies or to make deals in t.v. companies in this tree experts say this could change things around the only problem is not a lot of production companies owned the copyrights of their films the t.v. channels do look back russian world studios has such a big library it can use as collateral is unprecedented. with the beautiful producers should be interested in all use voting for the films with money and to make that happen we need to make film production and industry so that we have a true capital. it's a very shaky time for the russian film industry box office revenues are up but the mystic share is going their own only six of the sixty nine movies produced locally

last year made a profit how do you separate part of a bigger goal to revive process film in the street to get them for laughs so investors in both their local productions and attract more funding brought from maybe a port far from hollywood but i think so because all our so given for laughs also is like that's one quarter money we're in a quarter of our business our theme. that brings you up to date more in an hour's time. so. if.