with the economy means that many businesses here in greece has simply gone and joining the euro in many european prices for many of the members with we could kind of nice it didn't mean european wages if one bought fanned out after another year of skeptics who wanted danger from the start they have become the unlikely heroes in this tale just who the hell do you think you people are you are very very dangerous people indeed your obsession with creating this euro state means that you're happy to destroy democracy you appear to be happy for millions and millions of people to be unemployed and to be poor untold millions must suffer so that your euro dream could continue if you rob people of their identity if you rob them of their democracy but they are left with is nationalism and violence countries are now waking up to the reality of the nightmare that chap says the euro is a political prison for poor countries such as greece and spain and they need to be

liberated from that prison recreate their own currencies have devaluation make their exports cheaper make it easier for tourists to visit their countries and they'll get back on their feet greece ireland portugal italy spain down the nays continue to topple the year and it seems there will be no happily ever after. athens. lawmakers may be desperately swerving to avoid a crash like greece by has financial writer patrick young told us the government may find itself in conflict with the public that's dead set against cuts. there will be one significant difference between the people who take to the streets between greece and italy and that is that greece at least thank goodness the taxi drivers don't go on strike where is nuclei expected almost everybody is going to end up on strike and it's going to be absolutely chaotic the only way they can slip this through is perhaps because we do have this long lead in time until the cuts

really start to make an impact in two thousand and thirteen but i think the problem is in the meantime a large amount of the sort of the leftist opposition in italy for see the fact that silvio berlusconi due to many of the reasons most of which are outside of the direct fiscal reason are well i mean he's a wounded animal at this point in time and in some ways i think that he's going to be finding it very difficult to hold his government together there are big problems in western europe the havens to be are definitely to the east and everyone must stop unfortunately expect further to the prices because the epidemic the contagion seems to be spreading and we have no political leadership seeming to do with the. in crosstalk and twenty minutes time peter lavelle's guest discuss why the leadership is so adamant about saving the euro at any cost. greece go bankrupt it would be good for greece it would be good for the europe would be good for the world if greece went bankrupt and right out of the how to pay their bills or stop

a lie then you would have everybody would know with a strong sound currency based on a strong sound economy why not let them go bankrupt listen in our euro in america we've had states go away go to the cities go bankrupt we've had carriers go bankrupt it didn't in the united states and it didn't in the u.s.s.r. tell you why because of the four hundred billion dollars a debt the greece has fifty percent is held by german and french banks and those countries don't want to take a second in the financial markets it's that simple. and. arrest warrants have been issued for the captains of two vessels which passed by the sunken vulgar river cruise ship without stopping to help survivors will reportedly face negligence charges this comes just a day after two people linked to the disaster were arrested but have

a firm which rented the vessel and the registrar who certified the ship are both suspected of violating safety regulations resulting in the deaths severely overloaded vessel went down sunday killing at least one hundred fourteen people including twenty seven children while over a dozen remain missing the sunken ship is due to be refloated within the next few days with special equipment already at the scene of russia's republic of tatarstan are due spoke to the captain of the vessel who saved about seventy six passengers and crew from the sunken cruiser as we were nearing the site we began to figure out how many people there were in the water the old. it was hard to do because there was a lot of rubble floating around as well it was very hard to pick out individual people from the amount of floating debris some people were in dreadful conditions i mean you were injured that oil over there because when the ship sank the fuel oil came up to the surface and spread everywhere and covered the people and that made the

rescue even harder because the oil made the victims and hard to get a hold to pull them on board all sheen children in that condition and that was particularly hard breaking. a full interview with a captain many in the country are considered heroes online right now dot com. the u.s. may want to be seen as the world's human rights advocate but a home with faces growing accusations of hypocrisy thousands of professional torturers have reportedly been trained over the past sixty years was apartment of the fansub role as scaling for found out it's ready to export its interaction expertise. it's been thirty years since colombian soldiers kidnapped oh be starved and electroshock tech there out east peace about all for having a quote subversive book. but it's a memory he relives every day people have survived torture in cologne this time

very lucky to be able to tell the story most people get told to for the stand and then they get shot and kill many had been disappear hector says the colombian soldiers who tortured him and later killed his brother. and were trained right here on american soil at the school of the americas and for benning georgia army major joyce of blair was an instructor there i was very much in favor of the school of the americas during the cold war era but major blair says he was horrified with what his former students did with their anti-communist training in their own country classified. army schools. use the words terror again next door assassinate. commonly. called waits for. graduates from the school of the americas have been implicated in massacres and torture throughout the hemisphere of the more than

sixty thousand soldiers and police to have graduated ten thousand of them have been colombia has been the largest user of the school of the americas i don't think it's an accident the. abuser of human rights in that with some hemisphere the eighth amendment to the us constitution forbids torture and other forms of cruel and unusual punishment as does the geneva convention but they did happen there's no question that our country not only gauging torture it's sort of put toward others how to do it we also rendered people we also sent people to prisons in other countries where they were in fact or truth there although congress demanded more oversight of military training programs and inter. investigation by the government accountability office showed that school of the americas manuals advocated using quote torture truth serum blackmail and execution the pentagon said it didn't know what the manuals contained because its staff advisors assigned to review them didn't speak spanish united nations special repertoire for torture one mendez

himself a survivor of torture says a lack of transparency in the u.s. led to further abuse in the eighty's unfortunately. the military aid and police aid was restored and after that it's been difficult to document to what extent that includes teaching. techniques that are prohibited by law or by international law it's a legacy that sharply contrast with u.s. rhetoric about respect for human rights abroad torture survivors and religious leaders in washington d.c. have come together to demand a full commission of inquiry into what they describe as torture practices are enabled by the united states including in its own prisons like one time obey and by the cia when president bush says that he mortar board and he would do it again. and he said damn right that he had ordered it. so you know it's a very serious problem for the spirit soul of our country as the myth of how many prisoners were tortured by the united states are hard to find but survivors like

hector's even numbers don't tell the full story when someone gets torture not only the person who. has to deal with the big wouldn't because of those on the torture it's also someone who has to be humanized themselves in order through the human eyes and all of human being but a society that supports torture is going to pay a price a very big price as well killing ford r. t. washington d.c. . as the u.s. expands its anti-terrorist network abroad there are now reports of secret prisons in somalia the sides officially belong to local security forces but are run and paid for by the cia journalist jeremy scahill says he's visited the prisons adding that america's mainstream media makes it hard to report on what's really going on there. inside this dungeon prison there are no windows there's no sunlight there's a bedbug infestation according to prisoners who've been there mosquitoes all over the place the air is thick and disgusting some prisoners are said to be losing

their minds there are also reports from prisoners that there were very young boys inside of the prison some people have been held for eighteen months without charge without access to lawyers without access to the red cross in fact the red cross told me that they were not aware of the prison and that they've never been given access to it i know for a fact that journalists from several major american news outlets were aware of these facilities in mogadishu and it's for those networks to answer why they've never reported on it both c.n.n. and a.b.c. have allowed their facilities their media outlets to be used as conveyer belts for the spin of the cia and that's the job of the cia and they do it well but the job of major media outlets should not be to be a conveyor belt for the propaganda of u.s. intelligence agencies so i would leave those those questions for other media outlets as to why they're not reporting on this very serious life and death issue that has to do very much with the rule of law in this country and whether or not

there's been any change when it comes to respect of international human rights laws and standards later today or a special report on the citizen crusaders against a global threat of atomic arms hope their passion for peace can sound a wake up call for countries refusing to relinquish nuclear weapons. 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 especially with nuclear weapons on hair trigger alert. but simply to use it as a threat. as an actual event that 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 if people don't wake up nuclear weapons or a bill. that represents all the firepower of the second world war

this second sound is the equivalent firepower of the world's nuclear arsenal today. marduk has taken us why about his media rivals labeling accusations against news corp as total lies and that only minor mistakes have been made and the phone hacking probe will now have to answer before britain's parliament while across the atlantic the f.b.i. is looking into claims that the voice mails of nine eleven victims were intercepted but as our lauren reports while he fights to save his media titan the vultures are circling. every media outlet in town t.v. radio even the sky writers when thought imitates life the long running simpsons

takes the show to its own no rupert murdoch aka montgomery burns in an episode broadcast apparently coincidentally they sweet. but it's not the only old piece of timing in the extraordinary phone hacking case. that seems to get more scandalous every day the list of something like four thousand names which the police of have since about two thousand and four two thousand and five and yet they promise facie evidence of criminal activity by these individuals and boy by the murdoch empire and yet they have not acted on it so why now just as the murdoch deal to take control of satellite t.v. giant b. sky b. sure to go ahead his arch rival the guardian newspaper releases catastrophic allegations of a moral journalists and their shady practices that when the deal collapses the

times for example which currently loses money you could have transferred some of the profits from. into investing in the times and if you are for example the guardian or the daily telegraph you would welcome that it's not just rival newspapers who stand to gain from murdoch's empire crumbling the b.b.c. could retake t.v. territory lost to b. sky b. and the labor party which was wounded by years of relentless attacks by murdoch papers can finally take revenge but where will all this lead in. our. own. right this is the. new school. you really should be. producing damage.

you know good. that would suit the government just fine the british press is famous for it sharp teeth and no holds barred doggedness particularly where its own government is concerned prime minister david cameron has all but shut down the press can. commission and already talks of statutory controls to govern print journalists back in springfield mr burns's thwarted as the townspeople put up their own newspaper and he's almost right we. can truly the media. murdoch found as did mr burns that you just can't buy all the newspapers those outside his control have been gunning for him for years and this time they may have succeeded just as he looks set to consolidate control over a lot section of the u.k.'s media markets the drugs being pulled out from under him

and it's all over the hidden scandal now revealed that the police have known about it for years nor and it's r.t. . r.t. has been hearing how the culture of controlled by the murder media got out of hand brian broad who runs a t.v. network for social activists says there are parallels with some nations wider imperial ambitions. you can make an analogy i think on an international scale between what happens in take over so the united states and britain took over iraq and who did they bring the power who they employ they employed to move close loans and i think that same thing has happened in the tabloids where we have a man's power in the against of murdoch and a few of the other barons and who they hire what type of boat they hire not painting every journalist with that brush of luxury but certainly if you look at murdoch whether it's on television where he got paid almost sasson said like

o'reilly and hannity and the united states i don't know about britain. it's a whole culture of power and control and deception for an agenda and that agenda i think is the agenda. both in britain and the united states. well we have more video reaction and analysis on the misery at r.t. dot com here's what else we've lined up for you today the names floated a lot of your posts and discover why the russian pm has been given the bomb treatment on billboards in moscow also online. the creatures in crisis as a ferret a parrot and a monkey scape from a siberian circus seemingly because of bad summer weather is getting them down more on the furry friends in a fluster at. president

obama is given an unyielding congress thirty six hours to raise the country's debt ceiling the dad logs already spurred two of the three major credit rating agencies to threaten a downgrade to america's triple a status but a best man alice maxwell tells r.t. that washington's addiction to debt is clouding both sides appetite for real solutions. america's been running on debt for years this is a disaster in the making and i would liken this situation here to a cancerous tumor inside a body there's no better time to cut the cancerous tumor out quickly as you possibly can that said the u.s. government has been running on debt for many many years and we've been raising the budget the total debt ceiling for many many years as a budget issue and we've successfully had deals struck it has become the political norm in the united states that whatever party is in the white house has to ask to

raise the debt ceiling it's always been raised in the past the party that's not in the white house that's out of power screams and yells for three or four days at most usually about how the government spending too much and should live within its means the debt ceiling deadline gets raised and it's business as usual that's been the case for thirty years so we have one side in the congress right now that's decided no increase in revenue is acceptable another side that has decided that not raising revenue is unacceptable and so we've reached an embarrassing impasse that has dragged on for weeks longer than it should and is the reason that we're going to see the growing chorus of foreign and domestic voices urging congress and the white house to stop riling already strained global markets with a political impasse. let's now take a look at some other stories from around the world the pentagon has admitted suffering one of its largest ever hacker attacks with thousands of sensitive the fans' files stolen deputy defense secretary william lynn says all the data was

taken in a single intrusion in march officials blame an unspecified foreign government and comes after revealing a new internet strategy which treats cyber space as operational terrain like land air and sea. thousands of pro-government levy ends have rallied in a town west of tripoli to express support for colonel gadhafi and to demand that nato stops its military campaign meanwhile rebels are converting factories and arms workshops to build weapons from scratch as they struggle from a lack of ammunition else words a levy a contact group of nato nations arab states meeting in turkey to find a political solution to the five month. mexico's biggest ever mari juana plantation has been discovered by authorities two hundred fifty kilometers south of the us border it covers one hundred twenty and as water by an advanced irrigation system last year investigators found a tunnel running from mexico to the u.s. that was fitted out with lighting ventilation and

a railway to transport drugs covered forty tons of marijuana. was brings us up to date and crosstalk is on the way looking at what's being sacrificed to save the euro before that will take a look what's happening in business with me tree. thanks for being there hello and welcome to business our team russia's burbank is finalizing the agreement to acquire the eastern european unit of austria's bank international the deal could be the biggest acquisition by the russian and outside the former soviet union and is expected to be closed by the end of the year sources close to the talks says burbank could pay up to eight hundred fourteen million dollars for the acet. gold prices hit a record high on first there's investors look for safe haven from the storm brewing in the world's biggest economies now it's coming down just

a notch at the moment well seen as a traditional store of value gold is being driven by concerns over the us desert you ation and the prospect the federal reserve will print yet more dollars when i was in your e.t.f. capital believes there's no limits to the current rally. it did look like a few weeks ago the price of gold was going to come in lower but in your view you're starting to see increased eurozone concerns increased inflationary concerns the prospect of more quantitative easing more stimulus spending from the from the federal reserve we thought that that finished at the end of june now in the last couple of days or so there's an increased likelihood that the federal reserve could start to print more money and that is going to go into areas it's going to go to gold and into equities are most likely gold at the moment so obviously sixteen hundred dollars would be an obvious level for gold to hit and then you start to see some profit being taken off the table but then you could push through that and there's no ceiling you could carry on going to seventeen hundred eighteen hundred

dollars. move to the markets where they are right now well is flat and mixed still in an adjoining trading investors are suspecting us fuel consumption may climb that's ahead of reports that may show industrial production increased in june and consumer confidence. cross asian markets are also mixed in tokyo tech stocks were strong and exporters to cassio insomnia were one of the some of the top gain is yahoo japan was also gaining up to two percent of one point bank saying however is still trading point three percent down. markets in russia opened in territory amid uncertainty for what's going to happen of course in europe and the united states and as the oil prices have stabilized and not continue to climb move to stocks now new coil one of the biggest losers down one percent as i mentioned on a slightly declining crude is burbank is not being supported however by the news

that is finalizing the agreement with ford's bank which is for mind you the. deal has been initially allowed a few months ago and was telecom yet again bucking the trend it's up one percent one of the most more tile stocks. well maxime system call from little said capital expects the markets and russia to end the week as they began characterized by low volumes and high volatility. we believe that on friday nothing would change except the fact that it's friday people are generally more cautious on friday to take long position was probably the markets will be on the. pressure but again we think overall over the next few weeks will stay in prison there are trading prange the most important stuff right now will be. the statements of the us. political and economic establishment regarding the the possibility of the quantity feeling and beer regarding the station with the years that. kind of that starts in

the headlines with marina do stay with us for. the looming.

just so. it's. just so. if. for the full story we've got it first hand the biggest issues get the human voice face to face with the news makers. wealthy british scientists and. sometimes it's crisis. in the. markets why not.

find out what's really happening to the global economy in these kinds of reports on our g. . welcome back you were there these are the top stories media mogul rupert murdoch is on offensive claiming news corp made only minor mistakes even as the f.b.i. moves in over the possible phone hacking of nine eleven victims. americas to face torture tactics rising uproar over the u.s. training at a sporting brule interrogators while preaching human rights to the rest of the world. and the e.u. scrambles to cut spending as the debt hole sweeping the block threatens to sink italy as the greatest task yet for the leadership's efforts to keep the wavering currency alive. more on the eurozone debt drain acts to speed up the valley asks his guest whether the e.u. has enough financial firepower to save it from ruin.

if you. want to. hello and welcome to cross talk i'm peter lavelle a currency in crisis european finance ministers central bankers and politicians remain at odds on how to rescue the euro as pressure mounts for another greek bailout and investors worry about italy is the euro a dysfunctional currency and who will ultimately foot the bill. came. across not the

eurozone crisis i'm joined by dennis gartman in virginia he is editor of the government letter in single part we go to jim rogers he's an author and financial commentator and in washington we go to sherry's ide raymond she's professor of international business finance and international affairs at the george washington university all right folks this is across time then you can jump in anytime you want there are different points of view here like to hear me dennis if i go to you first i am i asked the question before we go to there you the facts of the matter at hand with the euro i posed the question is it a dysfunctional currency what do you think about that. i've always thought it was a dysfunctional currency i thought quite honestly that the only reason the only rationale for the euro to begin with was always to do something on the part of the northern european countries to tie the great german giants down with as many bureaucratic ropes as they possibly could they have done it to this point i think it is an eminently unsuccessful attempt.