in india aussies available in the move go into the joint the hotel rooms the home of the lights the gateway hotel the grand imperial trilogy it's all western. you can a letter to the socialist good to see don't need to go and. read this and the colonel was toto as used to retreat. the debt crisis rages on both sides of the atlantic as eight european banks fail stress tests for their vulnerability to financial troubles while america reaches its fourteen point three trillion dollar debt ceiling and. rupert murdoch floods the british media with i'm sorry messages days before a grilling by m p's over the news of the world phone hacking scandal meanwhile the furor moves across the atlantic with reports of nine eleven victims phones were targeted as a continuing outrage and disgrace and golf has once impregnable media empire.

rescuers are preparing to live the russian cruiser that sank in the volga river in minutes claiming almost one hundred thirty lives. the operation to raise the sunken bulgaria has begun hopefully providing answers the grieving relatives and investigators will bring you all the details from the recovery site in just a moment. and broadcasting live direct from the heart of moscow this is r.t. i'm john thomas let's take a look at your top headlines eight out of ninety one european banks have failed stress tests designed to ensure they could withstand another financial crisis five of those are in spain the country commonly seen as the next weakest link in the euro zone on friday italy passed seventy billion euro. as of public spending cuts

to slash its whopping budget deficit and with the euro sinking this week sarah ferguson reports on why the future of the single currency doesn't look so bright anymore. as the clouds gather binns and the bad battle continues dark times could now lie ahead. everybody. is afraid for the future if you think countries like italy looking on increasingly unstable grounds can the year i write out this financial storm this is really something quite frightening if italy really goes into big trouble on the financial markets this is certainly a totally new phase of the euro crisis and you mention fear a fairy tale with all too appealing countries trip save themselves for a bite of the g.c. apple but now many are left with questioning taking the bait.

not bad i mean. after more than a decade of growth businesses like badasses have been hit hard whilst the center shopping street in athens is still bustling the problems with the economy means that many businesses here in greece simply caught on. during the year in many european prices and for many of the members with we could colonies it didn't mean european wages with one foot after another year of skeptics who wanted danger from the start they have become the unlikely heroes of 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 out. cloyd under

before i'm told millions will suffer so that your euro dream could continue if you rob people of their identity if you rob them a bit of ocracy but avery are left with is nationalism and guidance he's in now waking up to the reality of the nightmare that traps. the euro is a political prison for poor countries such as greece and spain and they need to be liberated from their 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 in on their feet greece ireland portugal italy spain it culminates continue to topple it a year and it seems there will be no happily ever after so i see in the. last few years of a looming default are forcing e.u. governments to cut spending a british union leader says people refuse to suffer for something they're not responsible for we don't marks or walk and tells us how he thinks governments will

be made to listen once hundreds of thousands strike back. the idea is to build pressure so the government realise the working people the length and breadth of the u.k. i'm not just going to let them get away with what they're doing and we believe that pressure ultimately can force them to change direction the point is to change their mind and saying you won't just when you're having a chat with a few people in a room is one thing saying you want to go see you when there could be millions of people taking strike action is entirely another and we actually believe that the six million trade unionists plus the frozen thousands or hundreds of thousands of pensioners and students all becoming a joint campaign is going to be politically very powerful. and you can watch of the full interview with british trade union leader mark so watch in about twenty minutes time right here. as the eurozone debt crisis shock

waves spread ratings agencies have put the us in the firing line as well america is on the verge of reaching its a fourteen point three trillion dollar debt ceiling which means obama and his republican opponents need to strike a switch to deal before the government one's out of cash in theory at any rate but economy economics professor would wreak tremblay believes that the debt limit will once again go up as it always has done in american history the united states is not in the same position as any other country this is the country currencies and use internationally and therefore they can afford to print more dollars than the euro. currency but that that level is very high the raise the debt ceiling each year would be raised because the president obama has a tradition of caving in to the demands of the republicans he did that he did it twice

before so the republicans are. expecting that he will do the same he will take the fall of a few days or a few hours before the deadline of august the second there could be a similar situation as that out in one thousand nine hundred four when representative getting rich close the government for a few days ocean if you are nearly two weeks. held very much to president clinton at that time to be reelected in one thousand nine hundred six that's what president obama is hoping now that the republicans will be so extremist then they in two thousand and twelve next year you need to be reelected. and later on in the program the formula for success. what's the secret to success in making india one of the world's top ten economies and find out a little later in the program. and another story of success this time a russian orphan who's become

a golfer prodigy after being adopted by american parents but his biggest challenge is not in the world of sport but in finding the family he left behind. rupert murdoch has apologized for the news of the world phone hacking scandal with full page ads in seven british national newspapers and the media mogul is it now working with a team of top p.r. experts before a grilling from british m.p.'s on tuesday amid public outrage over illegal accessing of the models of murder and terrorism victims and soldiers' families the crisis has already forced him to shut the one hundred sixty eight year old newspaper scuttled his bid for b. sky b. and claimed two of his top executives journalist afshin rattansi says however some are set to benefit from the note down at murdoch's media empire. the political classes here finally feel freed up for the first time in decades of decades so i do

think appeasing would all particularly work everyone is watching for tuesday's committee where rupert murdoch and his son james will appear so it will be interesting to see that i think we should remember that the prime minister here over there and we will probably know today because it's saturday said the truth is we've all been in this together the press politicians and leaders of all parties and yes that includes me for a story indictment for democracy in this country and you know coming through there i suppose one could say that it was multinationals who are using murdoch in a way so they're lobbying rupert murdoch it's the big companies big multinationals and so forth that seem to get things done by helping m.p.'s behind me perhaps not as bad as in washington but i do think it's the end of outside influences outside undemocratic forces as regards influences on the parliamentarians behind me it is interesting that he owned these newspapers and they will say rupert murdoch loves newspapers he basically had newspapers so that he could manipulate been awfully

concerned over his broadcast interests which actually did make money unlike newspapers and used papers are just a tool as a word he has lots of enemies out there he probably a lot of ammunition to go back at them though thanks to all the muckraking journalists who spent time. looking at sex scandals really he does have lots of friends one should add but it looks that some m.p.'s have it believable that he has the right to own any form of media in this country we're about to talk about the united states because that's where it gets really interesting the democratic party in congress is a full on party doesn't really have anything any hope left now to president obama has sort of destroyed his reputation warmongering and and his sort of reaganites economic policies as he deals with the deficit the democrats have nothing much to do but they all hate one particular. until cable channel four news and i'm hearing that if if the nine eleven victims have been hacked by subsidiaries of for

music or then fox news is finished it took it took the most curious cases of hacking for rather than any kind of regulator body to be able to get murdoch to finally. finally overthrew him as it were is an amazing story we'll be. looking for the hollywood blockbuster as we've just heard in the scandal in britain is now starting to spill over to the u.s. where even bigger trouble could lie ahead for murdoch with reports that the phones of victims of the nine eleven terrorist attacks were act charges that could also result in the u.s. over bribing of british police by staff corruption abroad is illegal for american based companies but as an associate are going to report the tabloids keep flying off the shelves sex drugs cheating and lies phony political scandal flashing dirty laundry. celebrity gossip and crime stories almost beyond

human imagination. all this is served on a platter and sold for a couple of quarters by tabloids have this man in topless bar or something. mom's in the freezer. like i thought it veteran journalist michael was one of millions falling for the bait of catchy headlines even though he knows the business inside out in america we don't break the law per se but they do have sleazy tactics i mean they will story they probably make up sources i mean when you read them a source. a source said well who is it. they can just make up the quote themselves . queen said blah blah blah a lot of times i feel they're just inventing these quotes to back up the thesis of the story fascination with scandal is almost religiously observed in the u.s. and great britain we are both countries in both media environments and the gossip

sells and there's a tremendous interest in celebrity both countries are of bugs after rupert murdoch's news of the world newspaper phone hacking sharper broke in london his empire stretches far and wide across the u.s. as well let's not forget he owns the new york the wall street journal and the daily at a protest outside rupert murdoch's big apple pad protesters demanded an investigation into this publications at home we know. because he was caught and we want congress to investigate what he's doing here in the united states we don't know if newspapers or other people in this country yet but i see no reason to put it past them so how far from potential public embarrassment do american newspaper stand but the ones that are owned by rupert murdoch without question the new york post. is one of the most hideous deceitful. tools of the criminals that it could be when it comes to getting scandal fuld in the you want to ask counting on the readers short attention span is

a common publishing trick jennifer aniston and brad pitt have gotten together about forty two times so far this year and i haven't seen them photographed together since two thousand and six they were able to keep selling and repackaging the same story that isn't even a story no publication would admit to paying for. information but that's also often a technicality what a lot of mainstream news publications can get away with doing is even though they won't explicitly give someone money in exchange for an interview someone might set up a terrible organisation and then the news what happened to donate twenty thousand dollars to that terrible organisation the culture of sensationalism in the press is putting the future of journalism on the line the anglo-american style is trashy it's ribald . just sort of this town is very american and you know we're a juvenile society where young society i don't really know what the six uses i mean they've been around a long time but. we blame it on them because we're their children well some will always remain fascinated by tabloids as rights continue to sell others have reached

a breaking point i don't have that great of a sense of what happens in britain but i know it's pretty bad here and there are a lot of people who are really upset about the culture news in america and just how little information seems to get out in between all the gossip the press has to be vigilant and in the united states the press has fallen asleep and r.t.e. new york as reading a newspaper gossip columns has become a daily habit for millions. of people in new york if the phone hacking scandal surrounding murdoch's media will make them change. how is tabloid journalism become so influential and so popular in today's world this week let's talk about that i mean people like to read about other people's business. and now with. newspapers have to try to compete with the internet.

with up to date you know. dirt i think it's absolute trash it's nose space in this world for it all i hope will go under but they're not going under they're increasing in power i don't believe that this is going to be the biggest takedown ever rupert murdoch is going down i think it's more of a pop culture based audience and so the journalists kind of cater to that and in turn it's kind of fun for them to be easier detectives but isn't it terrible i mean it might be fun but it's so criminal acts it's horrible i hate journalists you know whatever that whatever it takes to get the story and her whoever they want you know do you do you have that attitude at your job no not at all so what makes journalists special they're not special there are the opposite of special they have no scruples we have of them are true because. people. you know if they

like. but that's not what journalism's best of it what's true but never believe the media's. if you're just going to keep getting worse probably do you think journalism like that is bound to spread around the world and become as rampant as it is the britain i do unfortunately and it really is a journalism i mean there is no logical reason for your garbage the bottom line is that if the rampant popularity of tabloid journalism in the u.k. is any indication the rest of the world should be. cared for their own general to get a lot. of. workers are to use a special crane boat and lifting equipment to raise the bulgarian cruise ship from the bottom of the volga river after it sank on sunday one hundred fourteen people

twenty eight of them children the search operation for fifteen missing people who are assumed dead continues. reports from the site the two enormous cranes behind me have begun the process of lowering two cables which will then be threaded underneath the ship and used to write it is currently leaving on its left side divers will then be able to go under to check for any of the remaining fifteen bodies that are yet to be found the shores are also being searched for any of those bodies and they also be able to search for the potential damage that caused the dog area to sink they will eventually find that damage as the ship is ready to be raised and not have to seal a sense leave the hole to let all the water in and any other holes and then all the water inside the bulgari will be able to be pumped out making it's light enough to be raised the divers though i've got a difficult task ahead of them with me is under a we're digging he's from the emergencies ministry could you maybe just tell us a bit about the conditions that the divers are working in.

divers are currently working on the river but it's really difficult because of his ability basically you can't see anything even if it's right in front of you that's why the divers are preparing to lift that ship are there clearly evil to see what they're doing obviously this operation now everyone is waiting especially on the banks will be desperate for news of what has happened to their loved ones and increasingly investigators want to know what caused this ship to sink and sink so fast causing so much tragedy. now let's turn to some other international news in brief for covering for you today. syrian opposition members have been holding meetings in damascus and istanbul to discuss ways of ousting president assad this comes after a massive nationwide protest that rocked the country on friday leaving at least thirty two people dead hundreds of thousands of anti-government demonstrators

poured on the streets of the capital and other cities before facing a crackdown by security forces the government has launched a national dialogue but protesters are demanding president assad steps down. venezuelan leader hugo chavez has transferred part of his presidential power to the vice president and minister for finance as he travels to cuba for a new round of cancer treatment he's been given a unanimous approval from the national assembly for up for the trip even from the opposition chavez's battle with cancer has raised doubts over his fitness to lead the country but he insists he still plans to run for reelection next year. despite warnings from china u.s. president barack obama has held a private meeting with the exiled tibetan spiritual leader the dalai lama the chinese government earlier called on the united states to cancel the talks saying it would damage the relationship between the countries the leaders were expected to discuss about as long as hopes for prepared to be semi autonomous china has accused

him of pushing for full independence india has recently become one of the top ten largest economies of the world a key driving force is the willingness of indians to work for long hours for low pay and are doing their western counterparts reports. it's a busy city with busy people india is a rising economic locomotive still what's the driving force behind its success it could very well be that people like anyone can now both are co-directors of a slow one import company called divine and his indians have developed a strong liking for french and spanish language is young men are working overtime to fill their glasses you have to be very flexible with your working hours. engineers will recover globalization and because of oh you know you're interacting with so many people from abroad especially america or you know europe so. we can't

be fixed by means where we can say we're only going to work from nine to five but people in britain for example can and do say that stephan spent years working as a business consultant in the u.k. and he says brits watch that clock closely in britain people leave a five o'clock and they won't stay later because i got a train to catch up for many years in britain and you're there is that some people don't work in britain people don't work weekends is changing a little bit now particularly in periods of economic recession. but generally it's a monday to friday as recently as just two years ago india had a six day long week but government has put in strict regulations regarding labor hours but that doesn't stop people from spending more time in the office then needed i notice of them a significant difference between the kind of work culture in india and in britain is the pressure people are on the to work above and beyond their contracted hours.

everyone will do this irrespective or really if there's work to be done if there is a small enterprise to run then all state regulations go out of the window if stock advice is equal success then you have to make them i wouldn't really for seven. working or not. i work and it is an office. because things are being organized so as. it is. but let me see with fine example of decay she may actually be. in the office environment i think people are expected to do the job for the three people. even though the contract adele's might say one thing which isn't always such a good thing because if you work such long hours it's going to affect your performance while europe and the u.s. spend their money on fighting wars and their time on trying to figure out a way to get out of economic slump india is busy getting things done the indian way

or garnishes probably the most popular god in the entire hindu pantheon in india is supposed to bring prosperity and success to those who worship him but the success of indian businessmen should not be attributed to it's by help alone ninety five working hours just don't cut it here in the. hours of hard labor but at the end of that hard work pays off. party. and for more exciting stories and videos check out our team dot com here's some of what you'll find on our website. a ukrainian man goes it truly while the planning to spend over a month and living with a family of lions while blogging about his experience. also online that more than half a ton of radioactive blueberries have been found in moscow stores to find out more on the story and similar cases that are to dot com you can also check out all the best videos from our you tube channel.

he. says. the official policy of your hong kong called touch from the. video. feeds. on the call to be on that russian boy has become

a goal for prodigy after being adopted by american parents but the biggest challenge. of ski lies that not in the world of sports but in the quest to find his birth family. as the story. he might have a smoother swing but from the outside nicholai looks no different to the pampered junior players and this hyper exclusive moscow golf club this couldn't be further from the truth we call i come alaska was an eleven year old often when he was adopted by an american family you can never say that or for his life is easy you know and basically there they make you feel like it's nothing you're nothing to me when i came to united states i had a lot of problems emotionally. credible young man he is someone who has taken on many challenges in his life and he's always overcome then came the gulf one day i just saw my desk in the backyard and. i don't remember exactly but i had no idea

what it was i just was a piece of metal and i asked him what it was and tell me and then he asked me to do when i want to try and i tried it and i had it straight from. this point making headway in sport because one thing nicholai could not get. when he moved to the united states nikolai was separated from his younger sister and brother and lost track of them he rejected several small scholarship offers at top u.s. colleges to play for the russian national golf team so you could search for his siblings . then this year during a talk junior tournament heard news about his sister my whole life. my dad and we have paid a lot of money to different companies to try to find her and then i met a family out of nowhere and they found there in less than two weeks so to me i never thought i was ever going to see her again reunited after last nicholai sister

understood was never adopted and she's about to graduate from a school in southern russia. when i heard about my brother that i thought it was a prank my friend played on me i don't remember much of him but we're going to become close. i'm going to buy her a computer so that we can talk to each other all the time so that we never lose touch again but when you put it. back in moscow nikolai has wondered prestigious for all those series tournament and will compete against europe's top young players later this year but he says now his priority is finding his brother we can only wish nicholai the best in his dream to become a professional golfer what he's had to overcome whatever happens next he's already a winner you go right now see moscow. that's part right there a recap of our top stories coming your way in just few minutes stay with us.