basically there are people who will say that he saved the newspaper industry and london because of the whopping revolution in one thousand nine hundred six but now it's clear that success came with a heavy price tag morality murdoch's journalist kept the ratings high by violating and exploiting the vulnerable they hacked the private voice mails of families of dead soldiers and of murdered children assigned me we've seen criminality and invasion of privacy on a staggering industrial scale not even the rich and powerful could escape then chancellor gordon brown's baby was splashed over the front page of the sun his illness a sick headline royal family phones were hacked the scandal even goes right to the heart of the police force senior police officers were bribed by journalists for tipoffs on sensitive investigations private lives were made public now we've got. to be some hacking into gordon brown's private life you have to so you have to stop

what else is in and of course it's not only it's not just going back it's now the use of what we call blanket these are people. information what should be private sources like medical records tax records it's taken thirty years for the worst fears about the british press to come true but come true they have murdoch may own successful newspapers in an ailing market but their papers which have lost their greatest asset the public's trust the u.k. has more c.c.t.v. cameras per person than anywhere else in the world i've counted eight just in this small car park so britain's always know big brother is watching but the question now is what's big brother watching for and more importantly who's trying to bribe him lower and it r.t. london i don't think you can have your say on the scandal. on our message board on

com and the question is has rupert murdoch's son socialistic rush for profits undermined the public's trust in british journalism and us have a look and see what's being said here one of you believes there's a jolt to the public's trust and will result in the break up of stranglehold on both the british media and the government another believes that modern journalism has sacrificed objectivity for the sake of sales i want to have your say on the issue right now just i don't know what you want. what you want you not see live from moscow it's good to have your company and still have for you the israel's prime minister has to step up and defend someone and boycott the bill which aims to support settlers has been dubbed an affront to democracy. to washington where russia lays out a new step by step strategies who want to be wrong on the may bring terror on back to a negotiating table over its nuclear program. the same

a credit rating agency that spot fresh panic in the e.u. has now threatened the u.s. moody's says it's reviewing america's top aaa debt rating for a downgrade citing the political bickering that's deadlocked budget negotiations in washington and even if the budget is approved it's unlikely that have offered a solution to america's debt that's according to invest and co-founder of the quantum fund jim rogers u.s. rating should have been downgraded years ago you know i don't know why they're just now getting around to it but we know that the rating agencies don't have much of a clue about anything buddhism is trying to save itself why didn't they tell you great for two or three years ago five years ago or greece you know they're just getting around to reality it's like the subprime mortgages they didn't downgrade anybody until it was already over they had many people that were going bankrupt right it is aaa this is political posturing and nothing more something will happen they will announce some kind of deal it will look good on paper and maybe they will even be good for a six month. so but six months from now

a year from now it's going to be the same old we're not going to have much progress in the united states is going to continue to go into decline we have the united states is the largest debtor nation in the world and it's getting worse it's not getting better they have to increase the debt ceiling for the moment there's no question about that their choice though for the future is they've got to take an x. no they've got to take a change so to government spending and do something about it they're not going to do that they say they're going to say they're going to do it but they're not going to do it they might announce they're going to do it for this to get the budget ceiling passed but it's not going to have any effect the public should be very worried because america's situation is dire and our debt is going up and we are to climbing standard of living is going to get worse we should be worried about that. and then we also heard from the american economist and radio host richard richard wolf he says that the u.s. economy is in really serious trouble and the political deadlock over the budget

could make the situation tip the balance. the american government can pay its debts for a few days and that's the most that will happen and it will do a very bad job on diminishing the credit of the united states in the world economy at a very dangerous time to be brutally honest neither side neither the president the democrats nor the republicans are facing the basic issues of this economy we are in serious trouble we have very high and persistent unemployment and what we are doing is arguing over the technicalities of the debt ceiling that is going to be changed and raised as it has been every other time this theatrical drama has been rerun and meanwhile our political leaders are not dealing with the underlying problems we're facing an economic situation that is more dire than any i have seen in my lifetime of being a specialist on the american economy and i think we're seeing a growing alienation of the american people from the whole spectacle as they watch

their real situation deteriorate and nothing really is being done. at the same time the currency crisis gripping the e.u. has taken a turn for the worse it's really spurred by a string of ruinous market downturns is now debating emergency spending cuts two trillion dollars the world's eighth largest economy has been struggling to remain competitive since joining the eurozone because debt has spiraled out of control the fact overlooked by many and the more pressing problems of the e.u. follows the downgrade about its debt to junk status a serious blow to the eurozone as the bailout really block labels to prop up its weakest economies. i mean people not all told r.t. that the latest developments prove the single currency union simply is not working . this was always about politics it was not about economics the idea that you could have a commies in the mediterranean in line with economies like germany fast growing economies

like germany was never going to where the only way to get out of this mess is for those countries to go back on to their national currencies to devalue growth moving . into exports going in at the moment they can't use their debt because they couldn't see these are controlled by frankfurt they're controlled by the european central bank they're not controlled by athens all it's been told even though we see the people out on the streets in athens i just wonder how long it will be before the people are out in the streets in rome when in lisbon until this thing is contagious this thing will move right across the continent specifically in the mediterranean and the big issue now facing the european union is this really really is the third largest economy in the eurozone this place largest economy in the world i think the eurozone can actually cope with greece and portugal the smaller economies if italy goes the whole thing could cave in because if italy goes it's all these economy is intertwined with spain's and of spain and italy go then we are in serious trouble. and the plague sweeping the e.u.

spreads to italy. and stacey hope to discuss with the country's gold reserves might be making it a big target because reporters coming your way next but for now here's a preview. tony four hundred tons of gold and only it's the second biggest position in the euro zone and that's the mother lode that i think that's been the target all along the greece the ireland portugal those are side shows there are little micro-cap countries not much of a deal there but italy's got actual gold at the i.m.f. and the people who support the i.m.f. the terrorists as i mentioned like eric cantor they are helping to facilitate the thieving of that twenty four hundred tons of gold because that is meaningful. you won't see long from moscow now divers have lifted more bodies from their watery tomb the sunken pleasure cruiser the bull garia it brings the official death toll

from russia's worst of a boating disaster now to one hundred twelve meanwhile the police have made the first arrests detaining the owner of the company that rented out the ship and the person who certified it and see what the bottom is at the site for us. arrests have been made in the ongoing criminal investigations the first is in new york and she's been arrested because she was the owner of the company that rented the bold gari or pleasure boat for its final cruise and it's thought that she may have known about the poor condition of the ship when she made that decision to rent it the second is yaakov if a show of here's a state shipping expert and he cleared the ship as fit to sail some time ago and it's thought that he may have been negligent in making that decision they will stay in detention for around a month to be questioned and then the case will go on from there the emergencies

ministry here on the volga bank and the divers that are going out to the platform above the sunken bulger area they say their final effort is going to be made now to try and recover the lost bodies. from from the ship and however there may be some complications with that they're hoping to finish sometime later today possibly around midday but they think that they've searched most of the ship now and they haven't found all of these bodies so if they're not on the ship they may be in the water around the ship a worst case scenario maybe this some of them when the ship sank people may have unfortunately drowned in their bodies being carried by the current to worst estimate up to two hundred kilometers downstream so the search area may have to be increased for them but they're hoping to finish this search so that two special ships that have come up from foreground further down the river can start the

operation later on to try and raise the ball gharyan from the bottom of the volga and when they can see the ship up in the open air they can try and work out why the ship sank and why it sank so fast leading to so much tragedy. reporting right there we've got a more on russia's worst boating accident on our web site if you log on to our dot com you can watch footage of the recovery efforts of divers on the volga river and also an interview with a former captain of the doomed ship he says that it was in no condition to sail long before the sinking. russia has proposed a new step by step strategy towards iran's nuclear program the idea suggests making a limited concessions to tehran if it goes along with the demands of the international community the statement comes after talks between the u.s. secretary of state hillary clinton and russia's foreign minister sergey lavrov during his visit to washington the two also touched upon the libyan campaign with

a level of saying that russia has less disagreement on the matter with the u.s. than with some european countries she's gone each kind of brings us more on this visit. with regards to leave both russia and the u.s. have the view that colonel gadhafi must step down and that the leaders should be able to choose their future leader it's the path towards those aims that moscow and washington disagree on the means if you will russia criticizes the scope of the into the foreign intervention in libya also sees the actions of the allied forces forces there as a violation of the un mandate minister lavrov said the resolution is being wrongly interpreted as anyone can do whatever they want for a minister was also asked about why russia is blocking a u. and they should have to condemn the syrian president assad he said the attitude of the west is exclusively about exerting pressure on one of the parties namely the syrian government and president all side of moscow sees it as sees it as the wrong attitude russia says it sends the wrong message to the syrian opposition prompting

them to believe that if they were remain insistent in the situation keeps getting critical the west will come to help them the way it is happening in libya mr lavrov said it's unacceptable that the opposition should resort to violence agitating peaceful protesters into in. in armed clashes and effectively turning them into targets for the police and security forces take a listen. diplomacy exists not suit and score political points diplomacy exists to solve problems and make it condemnation without proposing any solution won't lead us to any breakthrough neither in syria nor in any other place there is a good example of how we are all dealing with the situation in yemen no one this trip a reason to condemn anyone or insult to the u.n. security council resolution supporting one or another signed everyone is urging that she cites to see down and hold negotiations dance a responsible approach that we hope will prevail. to read more about the agreements

reached during sort of a left off so opposite washington just simply log on to dot com plenty more there for you are to including a. monument to the first man in space to. be unveiled right at the very heart of london. it's a happy ending for an escaped constrictor which caused panic when it was lost and russia's kaliningrad along to discover how but to. slip it away in the first place.

wealthy british. happening to the global economy. the no holds barred look.

it's a nearly twenty minutes past the hour here in moscow it was a session in the israeli parliament the prime minister himself had to defend a new bill outlawing boycotts from products from settlements rather occupied palestinian territory. on a boycott organizers. to sue them for compensation opponents have called it a blow to its ready democracy and free speech.

against. the bill pushed the already distant possibility of peace talks with palestinians even away. obviously this is not only known to democratic law but it also shows that in a sense in a very deep sense the settlements already lost a large part of their digital raised both in the international community and in israel because that is the only that is the only reason why you need to sanction. such petitions as the growth of petitions by the current regime in israel is not really interested in promoting a viable peace accord with the palestinians this move is not only another bash in the face. of the chances to where to reach a peace accord but also. in a certain sense to a very strong step forward diligent always being the israeli peace that is fighting

for. the support. you with r.t. an hour let's check out some other world news for you in brief the son and i don't like the gunman who killed at least seven people and injured dozens overnight and in the early hours of the morning in pakistan's largest city of karachi vehicles and car tires were on fire all throughout the city the violence which has been raging for five days has already claimed at least ninety three lives it was sparked by the decision of the city's most powerful political party to leave the federal ruling coalition and join the opposition. a blast has ripped through a mosque in the afghan city of kandahar during a service for the president's half brother he was assassinated earlier this week at least four people were killed among them a top cleric of the provincial council reports claim it was a suicide bomber the information has not been officially confirmed. israeli warplanes have bombed three smuggling tunnels along with another reportedly used by terrorists in northern and southern gaza the attack came in response to rocket

fired from gaza into southern israel which caused minor damage to a house palestinian medical officials claim five civilians suffered a slight injuries while two were missing israeli military officials say a rocket fire from gaza has been on the increase recently. and you are up to date here on our t.v. do stay with us in just a moment dimitri is here with the business news. on the. little pilot the international sanctions has to do takes place in prose on july ninth and tenth. this live in collections by russian designers in the most beautiful the city of central russia. this is a little unfair children's function shows slogans like the presiding over the festival. fashion festival. this is.

business good to have your company sperm bank says it's ready to declare war on russia's cash driven society the largest bank and russia wants companies and people to switch to electronic payment methods bank claims the high portion of cash in the economy is holding growth causing the country to lose up to one point one percent of its personnel to conduct their back to just paying all salaries and pensions and bank accounts instead of handing over ruble bills are also wants the government to offer tax incentives for cash payments. ratings agencies like s. and p. and moody's have become the subject of vicious attacks from politicians across europe the agency's claim to give an independent assessment of the credit worthiness of countries but they've been blamed for helping cause the crisis by starting up the alarm however someone suggests this means they're actually doing

a good job. the ratings agencies quite justifiably came in for a lot of criticism during the global financial crisis they were accused of being overoptimistic they were taking some fairly generous assumptions about its ability to repay there were sometimes overlooking some fairly fatal flaws in some derivative structures and it's fair to say i think most reasonable people would agree that perhaps the ratings agencies did contribute to the global financial crisis however i think there's been a notable improvement in standards over the course of the last two or three years and the fact that the ratings agencies now are actually getting so much criticism from european finance ministers probably suggest they're doing the job rather well . through to the markets now we start with the commodities oil is mix of the two again days of gains worries of the debt situation in the united states are contributing to fears the world's biggest economy will face a period of stagnation it's

a different story for gold though the precious metals benefiting from its safe haven status setting new record highs of over one thousand five hundred and ninety dollars put away out silver is doing even better it's up two and a half percent although it's still some way short of the record set a couple of months ago. european markets are trading in negative territory they are driven by the overall uncertainty of the debt problems both in the e.u. and the u.s. banking group is putting on a two percent bucking the trend in london though but in frankfurt metro a.g.l. commerzbank are down one half percent while carmakers b.m.w. volkswagen and asked wrong. russia's markets are slightly down after well four hours of trading half way through the session they are coming back however the stronger falls seen soon after the opening energy shares are also coming back let's take a look at them gazprom is down one percent used to be down more than one and a half financials v.t.v.m. burbank car point six percent lower in general and. telecom is still seeing

a very volatile session and was down more than one percent when it came back and now it's down one point seven percent again. now even with the uncertainty on the markets. capital believes the construction and cement sectors will soon see increased demand i think the most interesting story of late. has been the construction theme first of all so this of a such olympics plus the world cup and now we have moscow expanding outside of its earlier bounds that is bullish obviously for the cement industry for developers and for long products to producers so one of which is obviously. having mentioned here as if we do manage to sell their stake in response mind of a severe go out of cash which would help either cut their debt or actually pay have to dividend so those are probably the themes there will be watching in difficult markets and circumstance where that's up from the business team for now but we will

be back next hour with plenty more rory is next with headlines.

with the end of the boer war and the going away of the soviet union many people thought that nuclear weapons disappeared. the risk is not zero that something might be going off by mistake specially let's solve the nuclear weapons on hair trigger alert. up most of the victims to use it as a threat all as an actual weapon you know if you keep spending a trillion dollars a year on weapons of eventually you're going to blow everybody up you've you know people are dying from these weapons but until we actually see it people don't make up most of the weapons or build the new features. that represent all the firepower of the second world war and this second sound is the equivalent firepower of the world's nuclear arsenal today.

will go into the future when you simply splash in the world of heights or. what turns advanced science into. products. he says he followed russian invaders to broaden their big breakthrough. spotlight on story on technology update. we. covered. the biggest issues get. to face with the news makers. in india. the move to join. the grand imperial truly. socialist. medicine the colonel was toto treat.

with. top stories. pleasure cruise a disaster now rises to one hundred twelve. of the company. america's credit rating. budget. talks between russia's foreign minister and the u.s. secretary of state. step by step. to the negotiating table.

politicians. global many are looking for ways to secure computer systems talks to security software. on the acute issues. thank you very much for being with us today so i was just wondering did you or do you personally know someone who is directly personally involved in cyber crime. fortunately in the hall because we are great far from these people that keep our way to a good distance are about are we are there working with cyber police departments

and different cultures so we nor do the bad guys from our contacts and police and or also from news. fortunately the cyber police forces are globally that they are doing their job better and where they your brain you're so the a more professional and the i think that i hope they were able to handle the situation so all we see these people from the news are we see these people in the grown internet forums we see when the standards people from the drop they do from their from the crime from the cyber crime which with treason by your money should score which would varies by statistics romantic to the computers actually where abortion in this world but we are not in touch with a well who are just people when you think about it are those lunatics or is this a well organized criminal society.