existence of the hero because i think it's a stupid idea to start with and it's just chucking money down the drain pulling the plug all those states could trigger a chain reaction greece believe investors could no longer avoid quitting the euro that in turn will spalt the exits of portugal even italy and spain. ireland the board. the bug is going to stop there over the last couple of. spain over germany italy with germany started to go all europe's top banks hold billions of euro greek and portuguese debt if those countries go bust they could lose that money we might see scenarios like a bank roll. means that people will run to the bank in order to withdraw their deposits because they believe that the bank might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel but the

head of your biggest economy will. find a compromise at the brussels summit that's raising tensions across the globe. at the moment the most visible the most obvious the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but some very weak economic figures and suffering as well e.u. leaders could sign the death warrant for the single currency here at the summit if again they fail to do a deal and halt the spread in europe experts fear public panic will take over denying them control. see brussels. as the ease struggles to preserve the euro the u.s. has its own battle the government is deadlocked negotiations over raising its debt limit something that sent the value of precious metals to new records well the kaiser report is coming your way at seven thirty g.m.t. here's a preview. of world. five hundred dollars over me it would mean that the peasants

in america and around the world were being disenfranchised and haven't seen a wage growth in decades and are being treated like by obama would suddenly a lot of money in which to restart the country and seek regime change and start a new republic you know that in france they're on their fifth republic america they need to get on to their second republic they need to rewrite the constitution iron out some of the flaws and loopholes return to some of the ideas that were there originally go back to gold and silver as it says in the constitution. the london based team investigating phone hacking by journalists at news corp has been expanded from forty five to sixty police officers and staff as a scandal intensifies this comes after and he's won back and he didn't need

completing the investigation would put back the start of the planned public inquiry russian billionaire is on the negative meanwhile says he may be interested in reading launching i don't scandalous use who won't time point. to one of the british papers. dependent. nandan that scoundrel. and also the prime minister david cameron. about recalling the growth tumble. i'm enjoying this so. who will survive the phone hacking scandal and keep his job cameron comes under fire for hiring a former editor of the now defunct news of the world he's accused of encouraging his staff to hack into private e-mails there's been a large amount of fingers and a isn't just a kind of heads in the sand that is lethal for a prime minister and he's now. a real fight isn't

a real really bad situation he could well be looking at some serious consequences for himself at the very least those staff still around him betting shops have slashed the odds on cameron being the next m.p. to quit backing they offered one hundred to one at the beginning of the week but just five to one three days later in the last two weeks or so we've seen a lot of money go on camera in the last forty eight hours when the the committees have been going on behind us and we've seen cameron over the last few weeks fall from one hundred to one to be the next cabinet member to leave to forty one years just slightly crept up again to five to one today as a result of his statements in the house earlier where we thought he gave quite a good performance on choose day it was murdoch's turn for a close shave attacked by a protester with a phone pai and saved only by his wife's right hook despite profuse apologies to

victims of his own newspaper's unethical behavior he had no intention of stepping down himself. what's less clear is whether david cameron remains the best person to lead britain at this crisis of confidence in the p hired person who in turn it was later revealed was being advised by another ex news of the world. if that wasn't enough he was simple tennessee working for the metropolitan police politicians and police under fire for cruising up to commuting with the murdoch empire and. the cameron arch rival age miliband is liberal enough to step into the ring was so that the country can have the leadership we need why why doesn't he do more why doesn't he do more than give a half apology and provide the full apology now for hiring mr cool. and bringing

him into the heart of downing street. commentators say the prime minister came out on top in wednesday's rounds in the house of commons when what he wills by and he's been he's relationship. with the fight is far from a once you know. he is damaged before base he was he was beginning to develop and there's a limit nine teflon camera because none of the sort of damaging political issues that we can the government actually stuck to him the scandal has forced resignations all round top executives at news corp and the u.k.'s two most senior police officers many are asking why the prime minister shouldn't be next for a knockout david cameron's promised a full some apology if it turns out and he calls and lie to him about his involvement with phone hacking but some say that won't be enough when it's over and we are a long way from that it's far from clear who can survive the round still to come

and remain at the top of the media the police and the government your avatar. the majority report says rupert murdoch is facing the collapse of his business and political ambitions. i would be shocked if he's still at the helm of news corp in over the next couple of months and i think we're going to see actually a reversal of this i mean murdoch was in many ways a throwback and. professor jay rosen at n.y.u. has basically said that this was not a a news company it was a media company that has a news division that essentially functions as a lobbyist as a lobbying arm for that media enterprise and i think murdoch wanted that political power and i suspect that anybody who takes over from murdoch and we don't know who that will be but i'm sure there will be somebody will see this that this pursuit of

political power just for the sake of political power could be antithetical to running a good business. coming up in a few minutes afghanistan start spending for itself to start sunday with a process of making several regions responsibility for the possible transition that's will continue into twenty. frenzied groups the central russian region. priceless extraterrestrial materials. from. the rest of the hodgett one of the of the international criminal tribunal for the former yugoslavia to focus on the completion of its monday that's according to the u.n. chief ban ki-moon who welcomes the end of a seven year manhunt excretions general accused of atrocities stemming from the early ninety's. is the last on the tribunals wanted list ortiz sarah ferguson is in belgrade and the events leading up to his detention. or.

be accepted. here in creation one thousand nine hundred ninety nine by work independent. he was detained his family. great and we flew just off to his there right this being quote here in belgrade and prepare to dish in the hay the love all of. that is being filled by the hague and he's been charged with fourteen counts and will cry and think feeding the hundred. and not this is really seen as a very important that. this is the way for the main part. in that talks about potential if he can't see. that the last war crimes suspect theoretically seen a number of the other happening in two thousand and eight and just less than two months ago we had the. president but it's already.

been dreamily. hard to track down the people. now with the latest arrests the east bank welcomed serbia with. being fed by many people to be a little bit naive a number of stumbling blocks that remain not least in the public opinion among the serbian people the third being government has been bending a bit back with to comply with the hague and they've really defeat the hague for the by the way that they treat the thing is the way they feel pointing in this direction they're really quite this the lesion with president but it says polish thief now every man the parliamentary elections coming up just next year the i did the problems they will be solved by membership to the greedy now it's been a full tape. for the capture was the last obstacle in the way of

talks. to you membership so even though both. of us believe you will play pool ingrown to membership you can move the last crime suspect has been. more to find out our web site including the latest news a blog some expert analysis has what's online feel right now. if. download technology from the internet presenting basic projects as their own attempt to snatch money. and find out how the two dozen passengers were stranded on the ship vessel was taken to a scrap yard of the people still board. a mission free cretaceous free cruise tortugas free from

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t.v. . the security handover in afghanistan has begun the first seven cities and regions being transferred from nato responsibility into the hands of local forces the next set of areas expected to come on the cobbles control at the end of this near the process of transition is shifting to the last until twenty fourteen. troops with any remaining in afghanistan support roles softens the training of local police where violence has recently spiked in the country with insurgents specifically targeting the regions i'm going to hunt but the taliban won't be that easy to fight once foreign forces are gone according to jake the better. a member of the rethink afghanistan movement. the taliban has grown as a result of continued u.s. presence in southern afghanistan so by us leaving you're going to see the taliban

basically not want to find as much because they're basically fighting it's afghans you're going to see an afghan peace process take place because afghans generally speaking don't want to fight with each other they just simply want to live in coexist for the most part but i think that generally speaking the afghans are better off. governing themselves without united states because she course has provided security for them because as we've seen we unintentionally killed a lot of people so if afghans are killing afghan doubt it's better off. nato. and i think we would be foolish to sit here and think that the us is leaving we're not leaving there will be a minute u.s. involvement in nato involvement for a long time. look at some other international headlines the u.s. has announced it will send humanitarian aid to famine hit somalia regions controlled by al qaeda affiliated terrorists groups if assured that combatants do

not take them to seventy degrees right now is the. day to find the four million people are in danger of starvation running agencies estimate this is from a third country in the whole billion us dollars the current crisis caused this devastating drought and west in decades. the space shuttle atlantis is on its way back to earth for the very last time the craft and its crew of four left the international space station a few today and they can in the space center in florida as they touch down will spell the end of nasa shuttle program after that one test will become a museum piece with plans to turn the mission control going into a training facility after this final flight sometimes you have to dig deep to reach the stars and they said that's the case in the central questions resign region would be to write that has spread in recent years marty's son

a boy jumped at the chance to catch a falling star. they don't believe in aliens of the time machine but they do spend most of their time looking for extraterrestrial matter that will take them billions of years back in time most meteorite hunters in russia do it for profit but some still see it as their way of he talking through the galaxy that the new mission this is the oldest matter you can hold in your hands there is a theory that meteorites are part of planets core just imagine this piece is about four and a half billion years old like the earth at them this valley about three hundred kilometers east of moscow is their latest pitstop about ten thousand years ago the local fields to go have a pounding from an irish hour creating the most brutal metre a the ground in central russia is discovering two thousand was a pure accident. if you did dog kids help with the draining off the excavators left

a local resident was passing by his would be noticed a rather strange broken picked it out of the rug lay idly in his bomb for two years until the sort program brought in meteorites on t.v. and sent it in for testing. the internet new years about three tons of meteoric material was discovered here at the sun would be unlikely there out of the nation he's understood as he's the only dog in russia trying to account for rocks from other planets in many ways meteorite hunting is a lot like gold digging you have to spend weeks in the wild hoping for stroke a flock but in today's prices searching for these acts trying to wrestle rocks can be more profitable than even the good old gold fever marchionne no lou and i meteorites we are in high as the month can cost two or even three times the weight in gold the biggest findings usually gravitate to the united states and western europe when most need to write collectors and base and about the law actually for

the facts are correct for the rocks ten percent of their value of must be paid to this. sure still some delusion of trying to dodge the meteorite tax this time on halt was uncovered earlier this year at a mosque in europe more on its way illegally to the czech republic. their fallen stars but there is a need to write a recently becoming blazing hot commodity. there you have it later this hour we have got some more on falling stars all diving stars i should say we're going to have a look actually at harry guy that see the rubber meets the russian the cliff diving genius. now school sports in a little later. in the forward to that it's. great stuff but first there with.

hello and welcome to business here on r.t. now minority shareholders are not seeing to a v.p. are preparing a lawsuit demanding five to ten billion dollars in damages over b.p.'s failed bid support their withdraw snuffed in the arctic exploration they've won a russian core ruling in the parties involved to submit documents on the preparation of the multibillion dollar deal within two weeks this will allow the shareholders to evaluate the damages now b.p. and rolls in that fail to strike the deal this spring as the shareholders claimed b.p.'s russian joint venture should be the primary vehicle for exploration in the arctic. the us has come up with a last resort plans for resolve the deadlock over its debt ceiling the plan is hoped to help the country avoid a catastrophic default that includes deficit caught so four trillion dollars and

calls for tax increases of one trillion dollars budget chief strategist bank of course we for says there might be a gap between promises and real cuts. if the government makes too many cuts and raises taxes perhaps too severely then they could cause a double dip recession they could cause a substantial slowdown in u.s. economic activity which would of course hit the u.s. federal budget and exacerbate the problem so they have to be very careful not to introduce to cuts to violently you're too quickly so we have very tricky balancing act and that's why i'm not expecting even the four trillion dollars cuts i really don't expect those to be put in place for a very long time i think that's what we're seeing now are promises of cuts in order to get a deal done but there's a very big difference between promising a cut and actually making it and i think the implementation of the cuts will be very much linked to what the indicators are of economic growth in the u.s. . and let's take

a look at the markets now crude is trading in the negative territory given up earlier gains as u.s. oil stockpiles strength indicating fuel demand will increase in the world's biggest consumer of the cold war. let's take a look at asia now shares came under selling pressure after a survey by h.s.b.c. reports that contraction of chinese manufacturing the july reading is the lowest in twenty eight months sparking more is about future strength of the chinese economy bank of china as news in over one point seven percent hong kong this hour and in tokyo stocks are flat so negative the lack of real progress in the u.s. that deadlock is weighing on some exporters to take a corporation two percent. and here in moscow it's two hours before the opening bell both markets and that is wednesday session in the black mostly chips were up lower unemployment rates and accelerated retail sales in june helped boost the

investor confidence. now looking ahead to the day's trading michael stein from what creates a financial corporation says investors will be affected by data from europe and the u.s. . but today we see p.m.i. data coming out of germany we see retail sales coming out of the u.k. investors will also pay close attention to the week we us initial jobless claims data in addition there's an important event taking place in greece where e.u. leaders will compete and talk about the terms and conditions of the second greek. the ruble could be on the downward slide if researchers from their higher school of economics are to be believed there suggest in the russian currency is ready for devaluation next year and according to them it's weakening is inevitable. physical warnings of roughnecks book have been strained and prices stable so you would just

continue the trend of stable off world prices and the same or let's say slow ones all simple we grow we anticipate fall for the last twenty five percent year over year and if you'll come by those players you will see that in the second half of the whole next year russian fold opponent will stream could build one percent of g.d.p. of it for us it means unstable spatially so it will be one percent in the fall in the second quarter it will be zero and just what it will be one just one of the fourth quarter that is definitely the there are variables that are still going to kill the bones were very much and historically we saw it in ninety eight and will sell them date as some of us call these below one percent russia versus deliberation. and that's all there is this is for now for stories you can always have to our websites are to dot com.

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headlines now here. in brussels on how to fund. debt epidemic gripping italy and spain because the future. media mogul and political titan come under huge public scrutiny raising doubts they'll be able to survive the fall. under stalled public trust. the last remaining un indicted war crimes suspect one hundred eighteen extradition to the hague. belgrade hopes the move will bring the country closer to new

membership. it seems it's a shift and also discusses the prospects of economic cooperation between paris and musket the french press and special representatives dealing with russia. after the last special representative of the french president corp on russian french business relations thank you very much for being with us today so you come to russia every fifteen days what is your primary mission upon your own huell my first mission given by presidents our cozy in line with president medvedev is to report and scope out the establishment of your russian economic zone and the second part of this mission is to strengthen economic cooperation in all possible areas

between our countries. now you have responsibility also developing the trade between french france and russia which sectors of the russian economy do you think are most attractive for business leaders in france. today for france it is of course more materials and trade. essential deal together but there is much more store alstom is doing with france much holding building locomotives for export ross the world. is doing the pharmaceutical area we cooperate in many new technological areas today these areas are multiplying because we are in the heart of russia's modernization plan and french companies can offer quality technology and so for us at the point of interest are not only war materials which remain essential but including a nuclear sector in which we can cooperate more deeply. well in talking about. the good good.