british soil. is not tied to. the. markets long enough to. find out what's really happening to the global economy cars report on. the green search goes on the bodies of one hundred victims have now been recovered following russia's worst boating disaster including managed shoulder from a packed games or of. washington's missile shield over europe chips away our relations with moscow as the u.s. stands accused of taking advantage of an assad sentiments to secure future bases in europe. asian giants competition india's huge wrong material exports china needs money rolling in by new delhi is worried it's making the country dependent on its fast growing neighbor.

ten am in the russian capital you're watching our t.v.'s maria joshie welcome to the program a one hundred people are now officially confirmed death all wearing the sinking of a pleasure boat on the volga river in the waters russia's worst boeing disaster many of them are children who were packed into a games room on a bulgarian vessel i went down in just a matter of minutes on sunday a total of around one hundred thirty people are sought to have been killed in the tragedy specialists are preparing to lift the rock from the bottom of the river which is hoped will shed more light of the causes of the accident already partly blamed on negligence meanwhile the first funerals have been held in the republic of tatarstan as russia continues to mourn the victims tom barton report. this

is the happy scene that should have seen this ship is designed almost identically to the bulgaria in this room almost identical to the one that children on that ship played in but for whatever reason their fate was very different. the in the air. as crowds gathered in remembrance of those killed by the sinking of the volga pleasure boat it was the younger victims that seem to cast the longest shot at. these schoolgirls but lost one of their classmates. unbelievably the most we study together for a year she never had arguments with a new one she was a very kind girl and was always ready to help. as divers reached the play room one

of the bokhari as arthur texas they found the bodies of the children that are gathered there just before the boat sunk. is that once inside the boat the bodies were everywhere i look forwards and cabins for the most of them were wearing the life rafts. divers now have the awful task of bringing the bodies to the surface those left behind can only wonder at how fast their families were torn apart. our colleague was on that ship she went on a cruise together with her family because of their five year old son and i would say she was pregnant and was to deliver her second baby in august she is not found yet only her husband managed to survive she and her son died. and for those children left suddenly without parents the terrible truth they may not be able to comprehend for years when she lost her mother and father we're all but will have to live after she's only one and

a half years old. what do you tell her we can't she wouldn't understand. but there is not much that people don't understand about this disaster feelings here amongst all of the people gathered here are very much ones of respect but of big growing questions as to why this happened reports about the ship's engines failing about blocked emergency exits and electricity failure that stopped any s.o.s. or evacuations structures going out criminal cases have been opened to lie to ships passing straight out of the sinking didn't stop to pick up a single person and into why the aging vessel was allowed to sail in the first place but for those who have lost loved ones the case will never be closed tom watson. fortunately live from moscow and still have for you this hour this side of his face we see you covering the london high court session which will rule

whether the extradition to sweden where we can expound or julia the sun will go ahead. the fury over the phone hacking scandal gripping britain goes international as the u.s. senate takes aim at rupert murdoch's media empire. washington's planned missile shield over europe has been labeled as the main irritant behind a wide range has in russian american relations by foreign minister sergei lavrov the u.s. has brushed off moscow has concerns over the project maintaining the shields only to protect against attacks from rogue states but some say it's taking advantage of post soviet bitterness to see its rules are going to reports u.s. missile defense plans in europe are of course up for discussion here in washington foreign minister lavrov said russia for legally binding guarantees that the european missile defense project will not threaten russia's security there have been words before washington has many times said that the system would not be

against russia but moscow needs to have it on paper some analyst explained that this urge that russia has been getting everything on paper with promises in the past that were not fulfilled for example when the soviet union collapsed russia was assured that nato would not be expanding towards these borders but he did it can do its continued recruiting new members so the bottom line is words are good but words in a legally binding agreement are better foreign minister lavrov said that's probably the most irritating issue in the relations between the two countries and there is a huge desire to live it behind and to rather turn it into an area of cooperation that's on the drone that being created on the basis of a national design which was not accepted by us is a reasonable response workers received as the purpose of the system. so we want to stick to the original is that it would be the all parts of the system which would create risks for the strategic stability and for the but i'm sure in

the strategic stability area namely strategic arsenals of the participants of the system russia has offered building the missile shield in europe together but that offer was turned down nato says russia can participate but it can't be a joint project because russia is not part of nato so that moscow says if that's the case let's base our relations our agreements not just words but shield itself according to the state department will have the whole of europe covered my colleague alex a euro fifty wants to romania where the u.s. plans to build the radar and found out what it means for the local population take a listen to the voice of the romanian village of the still cannot believe his luck after washington picked this place in romania region to locate a new race locals have been all smiles about hypothetical investment. and when we first heard that the us would build a retired police here we were

a little bit scared from the police who we were informed it's hard in this space with better infrastructure and possibly jobs in terms lou calls your piece in the suv was deserted for a long time. it will have a second chance. proposed to consist of raider facilities and interceptor rockets it is scheduled to be built by twenty fifteen and will become instrumental president obama's european anti-missile defense shield in the one nine hundred fifty s. an airbase in the town of davis in romania was used by the soviet forces now with washington's plans to place a radar station here locals have a joke that's true bucharest changed its foreign policy again the place will be occupied by the chinese similar plans were no joke for some in other european countries thousands in the czech republic and poland protested against the initiative to have military bases on their soil with mixed results while the first

line of interceptor missiles was eventually placed it checks suddenly pulled out of it and on the south of france lives in romania there have been no demonstrations like that at all there is a historical fact that makes one of the most pro-american countries in the world it has been explained by our ancestors the better things and the companies came from the east everybody was expecting the american to rebalance the whole thing so there is this sentiment and this feeling that. the presence of the us is contra balance and specific us is contra balance. in the presence or influenced of russia in the region if that is the real case then what security would this new shield provide and most importantly different from who but even three years since barack obama restructured the bush era european shield scheme both schools delight over the u.s. president's move was replaced by feelings of discontent and concern. is

a worry that washington does something before informing us of these actions it is unclear what exactly they are creating soon as we understand that this is someone be used against russia. legally. binding guarantee student these detention will be result of that despite being described as fruitful the recent summit between president with nato members that is in sochi brought no consensus on anti-missile defense experts say the issue will remain a thorn in the side for both more score in washington at least until next year when the next nato russia council meeting will be held in chicago by the time construction of the raider facility endeavor solo would most likely be in full swing. let's see reporting from various and bucharest in romania but yet its founder julian assange continues his fight against extradition of the high court in london sweden wants to question the world's most famous was

a lower overt sexual assault allegations that he supporters fear extradition to the scandinavian country will open a way for the u.s. to get its hands on him just laura amatus covering the trial from outside the court building. today's the second day of what's expected to be a two day hearing over the appeal of juvenile song whether he's to be extradited to sweden we're expecting wednesday to be given a good to have agents on the hall all the swedish prosecutor's office since yesterday was given a two. defense i phones left the court last night completely tight lipped he didn't wait to any of his supporters who was standing outside the court he just walked away which must be a direct instruction from his new legal team that he has high especially to deal with a steering the new legal team seems to taken on a new strategy that much more conciliatory about baseball case and much more concerned with european no i'm specifically the european arrest warrant under which

students request to be extradited has been requested the legal team all hearing that the european arrest warrant is invalid because of discrepancies essentially between the allegations that have been made and the testimonies over the two alleged victims that report counts to be considered ranging from coercion to right so great and the defense team has said that there is nothing in the victim's statement that amounts to that and that new evidence old a lack of consent in those statements three of the poor allegations they say wouldn't even amounts to crimes in the u.k. that's very much the approach that that's taking hold a they are drawing attention to the fact that our phones have not been charged in sweden that he's wanted them maybe for questioning and that's a cause the prosecution still wanted has he actually been accused of anything and if you know it's then the european arrest warrant is in we may be able to expect

a good day at the end of wednesday but we may know that the judge may refer the decision to know the date he may put his off and get decision a few days or even a few weeks time we're hearing. reported there for months and he can find more from our team in our website including the latest news blog. an expert analysis some of the stories in find our t. dot com right now. world famous fast food chain turned into a grocery store officially at leas dollars and russia's serves up a smart move save itself supersize tax bill. also tightening the screws on child molesters chemical castration could be used on convicted paedophiles in russia as president pushes for tougher punishments. the world's two fastest growing economies india and china appear to have reached an economic faceoff the giants have huge mutual export amounts but it's mostly raw materials on india's part of china sells manufactured goods the an even trade is

putting new delhi a growing disadvantage as explains its dragon versus tiger in the battle for asian supremacies india and china two of the fastest growing economies with the world's largest population vying for power and prestige in asia and beyond but where india led the way in i t and back office is china raced ahead in mobilizing its masses onto the factory floor fuelling a huge trade deficit and a reality india is forced to accept china is normal as member can hobble the. whole new. member moving. to produce things that india post world class space in nuclear programs yet struggles to create every day jobs making every day goods something this cotton tycoon knows all too well it's cheaper for him to export to china to get the job

done then let india buy it back. we make a profit of ten percent more in the international market than the domestic market ironically it's indian efficiency that's part of the problem with supply rapidly outpacing domestic demand. if you don't explore in the cotton prices in india will crush and farmers will suffer as they would get even the original price this will increase the quantity of cotton and even the indian government is encouraging the export of course and can the cotton fields of india was the heart of the indian chinese trade relationship more than seventy percent of the sports from india to china are wrong materials like cotton however ninety percent of the exports in china to india are manufactured goods if india is selling well then why should it matter well having a twenty billion dollar gap with your next door neighbor puts power in their hands and makes jobs and savings dry up at home but economists know that only by sewing up a successful manufacturing sector will india's large unskilled workforce be soaked

up but it's a blind spot that's leading to blind faith. and we should focus on different models of growing. wealth of looking very. different scene from indian traders seem satisfied to because the set up means the money keeps rolling in. the benefits in exporting is that we get a bigger volume of cotton and we also get paid on time but new delhi is worried knowing it has to cut its cloth before its economic run of luck is sewn up preassure there are t.v. in the air india. taliban's biggest achievement in ten years that's what the group called the sasa nation of the half brother of the afghan president karzai had of the kind of harm province

a volatile region on the border with pakistan kerry been dying back in two thousand and eight was held by the taliban for forty five days says the killing leaves washington with no one to rely on right comes to securing the region. it was not just the governor or the shadow governor of kandahar he was the most powerful and the most popular person throughout all of southern afghanistan this shows the right now with the canadian troops pulling out and with the u.s. trying to you know focus on eastern afghanistan feeling that they have controlled the south there is now a vacuum who is in power who can the west rely upon no one the taliban have claimed responsibility for this but it's not clear that the taliban are responsible it could very easily be a power struggle i've also heard and others have reported that he was responsible for perhaps starting to bring the taliban together with the united states to negotiate therefore someone would have had a definite reason perhaps pakistan perhaps the taliban to stop this we don't know

yet who is responsible because they killed the person who had all the information. ahmed wali karzai was often accused of lying the taliban in afghanistan illegal drugs trade the house russia's federal drug control service victory even off says a decade of military failures of the coalition forces in the country aren't helping watch this i wonder you know around ten minutes time but here's a quick preview. of this september will see the tenth anniversary of that interference that's longer than world war two but the situation in afghanistan hasn't improved it's become even worse and even senior officials like general petraeus for example the military operation in afghanistan which says that the number of arms clashes there increases year after year the number of armed clashes over the past ten years has increased more than one hundred times and so have the

assigned tasks been achieved but we see that the security in afghanistan has only gotten worse and it's said that drug production cannot be fought because the damage of the security situation so it's a kind of closed circle. scandal surrounding rupert murdoch's media empire has gone international after u.s. senators called for their own probe into the news corp company it follows allegations that some of burgess newspapers attempted to bribe new york policeman for access to the call records of nine eleven victims in britain the outrage has stirred explosive as details of the sheer scope of the hacking from royalty to murder victim speaking to set him richard at is editor of the day online news service things that legally gained data will be misused and not just by tabloids. but i think where this does become a question for national security is the idea that police assailing private phone numbers and probably contact details of people like the royal family and the prime

minister yes well this is not necessarily the same to sell these things to a newspaper as it would be to sell them to a terrorist organization but if you do you may be able to do the other so yes it's very serious but i think what people are. expecting is for the scandal to go up through rebecca brooks who's the chief executive of news international to james murdoch and james murdoch and self and many people say should step down and take a break now take a look at some other stories from around the world at least tampico having killed after an explosion at a boss in the pakistani capital of islamabad police suspect the blast was triggered by a faulty gas on the earth that ruptured and ignited all injured passengers were taken to hospital but officials have warned that their toll is likely to rise. french law makers have voted in favor of continuing the country's military operation in libya

this if you will supported by the majority of the lower house of parliament meanwhile french officials claim girl cut off his representatives have told them that libyan leader is ready to discuss surrendering power stephen brown contributing editor of the front page online magazine believes the french are looking for an honorable way out of libya. france has just recently called for the rebels to negotiate with gadhafi and so the bombing will stop as soon as the are at the negotiating table this shows to me that nato is surrendering the surrendering process has begun and i think. he is continuing it just putting up a front of the moment to look. for peace with honor withdrawal. they thought was going to be an easy victory. i said way back when. they should i negotiated with members tend their ground troops in the media only the rebels were too weak to defeat a model of what they were thinking they simply got caught up in. their own human rights and. going through the u.n. waging war of the u.n.

and this is the result you know there's no decision is costing tens of millions of dollars to billions are being killed libyan civilians. sheerin into southern libya to protect your facilities i think he's the worst criminal than the picture shows of the war was never a living civilians it was a vote making sure the oil stayed safe with britain france and was there a time likely for russia space agency which finally managed to launch six u.s. communications satellites into orbit so carriers the satellites have already got to work following the early morning blast from the baikonur cosmodrome and stamp initially the launch was scheduled for the eleventh of july but it was postponed twice due to it's happening all reasons for global star satellites on board will provide high quality voice and data services for more than one hundred twenty countries across the world. for business update.

thanks marina good morning and welcome to business arts in switzerland as one of the top ten investors in russia country's trade is only getting stronger leaders of the two armies exaggerators or business the proposed free trade agreement and the inauguration of the wholesome cement plant in moscow now we caught up with the swiss economic matters at the find out what's next in terms of projects. which is. not what. pharmaceutical production it's an investment five hundred million. investment or if you really think so this. company very much interested in. being in developing this. saw a project around the who will championship who. in particular

the president in play india a. construction company recently and he mentioned i look for some piece of the cake around the stadium infrastructure in sochi well recently still stakes in seven companies to russia after bailout plans linked to the states ceding of that's in crisis economy may sell stakes in gas pipelines to refineries and others say that it's russian's ethnology corp and they were gazprom are among those in talks with minsk the country received an eight hundred million dollar bailout last month as the cash strapped economy burns through its currency reserves alone as the sale of seven a half billion dollars of assets of its privatization program. european commission has removed quotas for protests coming from russia and bella ruse the use says the restrictive tariff said twenty years ago no longer relevant amid growing fertilizer

prices are just what i'll carry the world's largest producer by albert currently meets around thirteen percent of europe's demand he was the target of energy is said to award a seven hundred thirty million dollar loan to the american units of the russian steel manufacturers that are stuck. funds will be provided to upgrade the michigan factory that supplies u.s. automakers thurso north america provides steel components for general motors ford and chrysler the company specializes in high technology steel used in car production that is lighter safer than conventional metal. so the markets now while prices are actually recovering flats however after a three day high as investors but that freezing u.s. crude supplies and debt crisis in europe may hold a man or woman cereals for flights we brant. just ten cents a different from what they were yesterday at the close across asia markets are positive after they've showed that china's g.d.p.

expanded faster than expected pace on comparably stops gainers results so with china overseas land investment adding almost six percent at one point financials are also heading higher with china construction bank again around two hundred percent japanese stocks are also on the rise however the strong yen is there anything sentiment chip related so seiji lower exporters are gaining on broken home thing image chart for the previous day. here in moscow the my six will open within a matter of minutes the r.t.s. is up however point three percent is driven by energy shares. russian stocks supposed to moderate games on the nights on tuesday after a sharp sell off monday market jitters are driven by fears that europe's debt problems could spiral out of control into western for months on capital says sentiment is still difficult to navigate. you could have a slight recovery day today but at the same time any bad news out of europe will

sound stocks up again it's a really difficult market to navigate and also to predict i wouldn't i wouldn't bet my own money on the either up or down but i think the term you know if you looking at the trend i think we're going to translate over before we go higher but you you know you could have entered it into gains because the trend looks to be a dollar down at this point of time. gold's closed at a record high on tuesday as investors are running back to safe haven assets on worries over the spreading debt crisis in europe so i think as they keep up the pace until the e.u. finds a solution to its financial traumas that steen jacobson from sex and bank explains cole is now the only currency even though ironically it's not really a currency that is salivating your your long term investment criteria is in the sense that this is a currency that cannot be devalued by printing of money i think the reason why gold is going up grand now is that everyone seems to sense that the political solution once again becomes throwing more dead at a dead issue we need to change here is terry that will probably take some pressure

off the rescreening goal but goal is going on today tomorrow and for the next week as long as the politicians play this game of hide and seek and no decision making. is that some headlines on team can stay with.

welcome to the. one who makes a big splash in the world of high tech business what turns events science into i ching products just don't understand oh he's this got the follow russian invaders to keep your betters abroad and their big breakthrough back home from sunlight on stuff on technology update here on. we've got the future coverage. of. russia would be so much brighter if you knew about some from phones to impressions. from stunts on t.v. don't come.