the move go hard joint people chills the ambulance the gateway to the grand imperial through the torch was pushed coromandel you can a little closure to see jodi to go and. read this in the can it was her choice as to secure a treat. e.u. leaders bickering brussels on how to fund continuing bailouts as a debt epidemic now gripping italy and spain further strains a year on its last legs. as a media mogul and political tyson come under huge public scrutiny we examine whether they'll be able to survive the fallout of the phone hacking scandal and the store public trust. on the last remaining u.n. indicted war crimes suspect growing up it is now awaiting extradition to the hague have been captured in serbia oh great hopes the group will bring the country closer to even membership.

and you're watching r t well live from moscow welcome to the program he you are leaders have gathered in brussels for an emergency summit on how to come up with the cash promised for a second bailout to greece heads of state all said to be considering a new bank tax to pay roll back and stave off a default to italy and spain are showing symptoms of credit they make their first tensions between the attendings squabbles have already broken out with germany pessimistic about the summit in france want to go quite some advancing results is under bush reports the infighting is continuing on the nearest future ones by threat. the single currency will be big. list so that the european process. there's

a really very serious threat in. europe disintegrate. the eurozone collapse it's already too late to save the greek economy according to a majority of leading economists and experts polled boyle see greece is really going down the drain completely the dept is escalating the deficit and start talking out of control but i could give you the analogy but they were like somebody with a gambling problem or a drink. so it's a cultural thing so no we find ourselves with someone with a drinking problem but with a huge debt as well and the problem will only ever get worse until you actually confront reality and say look we did it in the or as in a fit together with germany in one thing with your politicians the richest states refuse to foot the bill well i don't think i've ever met any body in the united

kingdom in london market stations here actually wants to contribute to the bilateral countries like greece and italy and can contribute to the continued existence of the hero because i think it's a stupid idea to start with and it's just a money down the drain pulling the plug on those states could trigger a chain reaction greece believe investors can avoid quitting the euro that in turn will spalt the exit of portugal even italy and spain pace ireland portugal. the bug is going to stop there over the last couple of weeks we saw that also. spain over germany italy with germany started to go europe's top banks hold billions of euro greek imports did if those countries go bust they could lose their money we might see scenarios like a bank run that means that people will run to the bank he will. 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 europe's biggest economy rules they still might not find a compromise of the process summits that's raising tensions across the globe. at the moment the most visible of the most obvious is the eurozone problems on the other side of the atlantic you have the u.s. economy recession showing some very weak economic figures and suffering as well be you leaders could sign that this warrant for the single currency here at the summit if again they fail to do a deal and halt the spreading you're a virus experts fear public plan it will take over denying them control. see brussels. and as the e.u. struggles to preserve the euro the u.s. is fighting a battle hardship faced by both sides

a consequence of their refusal to recognize the huge economic issues two thousand and eight financial crash presented. times correspondent david. i think this story is that the euro as a as a phenomenon is in quite serious danger our main concern has to be that whatever is done stabilizes what is at the moment an extremely unstable situation at the moment however where we're worrying more than a thing else about both europe and the us slipping deeper and deeper back towards a recession i sit on the gloomy side of things i don't believe that either the european economies all the united states have yet. really begun to get to grips with the very grave collapse occurred after two thousand and eight. lot of pain therefore is is facing us going forward. from an austere point of view the sooner we start to get to grips with that and take some of the austere measures

necessary the better there is a lot at stake in the u.s. effectively managing. their own really rather catastrophic challenge beggars belief that the leaders in the u.s. so preoccupied with their own local politics the properly recognize the dangers that they're creating for the global economy as a whole the prospects of recovering in any short term from the recession that's already dogged this for three years. u.s. government's deadlock in the case over raising its debt limit is also sending the value of precious metals to new heights and we're in this because reports coming your way next now that is a previously. what would a world of five hundred dollars over mean it would mean that the peasants in america and around the world were being disenfranchised and haven't seen wage growth in

decades and are being treated like a barber with suddenly a lot of money in which to restart the country and see regime change and start a new republic you know that in france they're all there for three part what america they need to get out of 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. as expounded forty five to sixty police officers and staff as a scandal intensifies comes after m.p.'s warn that he did lay in completing investigation would start a public inquiry russian billionaire alexander limited says he may be interested in

launching. these you could well to avoid for the two other british papers the london evening standard and the independent. reports from london with. prime minister david cameron. every point. tumble. i'm enjoying this so i. 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 start to private voice mails there's been a large amount of fingers in isn't just the kind of heads in the sand and that is lethal for a prime minister and he's now a real fan. it's been a real really bad situation he could well be looking at some serious consequences

for himself at the very least those starts around him betting shops of slack the odds on cameron being the next m.p. to quit packing they offered one hundred to one at the beginning of the week but just five two 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. committees have been going on behind us. and we've seen cameron over the last few weeks fall from one hundred to want to be the next cabinet member to leave to fall to one year state just slightly crept up again to five to one today as a result of his statements in the house where we thought he gave quite a performance on choose day it was murdoch's turn for a close shave attacked by a protester with a piii 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 out of this crisis of confidence he hired schools and who in turn it was later revealed was being advised by another ex news of the world hack neil wallis if that wasn't enough he was civil tain is he working for the metropolitan police politicians and police are under fire for cruising up to and colluding with the murdoch empire and in the wings cameron's arch rival ed miliband is limbering up to step into the ring so the country can have the leadership we need why why doesn't he do more why doesn't he do more than give up half apology and provide the full apology now for hiring mr cool center and bro. into the heart of downing street. commentators say the prime minister came out on

top in wednesday's round in the house of commons when he was grilled by m.p.'s over his relationship with news corp but the fight is far from once you know. he is damaged before. on camera because none of the damaging political issues that would actually stop 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 promise of fulsome apology if it turns out and he calls and light 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 nor and.

well new york based radio host some see them 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 as 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 this pursuit of political power of just for the sake of political power to be antithetical to

running a good business. coming up in a few minutes afghanistan's start spending for itself in the hundreds of. several regions the responsibility of the transition will continue twenty. frenzied groups the central region after the discovery of priceless tools. the rest of. the international criminal trial for the former yugoslavia the completion of its mandate. welcome to be a seven year manhunt excretions accused of atrocities stemming from the. conference is the last on the tribunals wanted list which is expected to be extradited to. sarah ferguson in belgrade now leading up to his detention. hearing gracious ninety ninety

one tonight by war of independence. he was detained near his family home for the north gratingly food just hours after his arrest. here in belgrade a great addition to the hey the love of war crimes stuff like that is being told by the hague and he's being charged with fourteen counts of feeding. hundreds of norms this is always be a part of the e.u. in that pool about potential he can't be. the last war crime suspects to read between a number of other happening in two thousand and eight and just left empty months ago we had the. president but it's already. been working extremely hard to track down. people. now with this latest arrest

the ease getting to welcome serbia with. being fed by many people to be a little bit naive. bumbling glow that remain not least in the public opinion among the serbian people this thirteen government has been bending over backwards to comply with the hague they've really got a big buy in the way that they treat the thing is the way they feel pointing in this direction they're really quite this illusion with the president but it's his policies now remember parliamentary elections coming up just next year the i did the problems they will be solved by. the d.v.d. now it's been a cold paper. surface reporting that well the one hundred to rest comes less than two months after the capture of the former. such

explains why the international criminal tribunal for me was soft. he was just a loose saying really in their propaganda operation if they didn't indict him then there would be one serbian leader who wasn't accused of being a criminal and that would be very inconvenient they had they had to accuse all the serbs all their leadership of being criminals for this propaganda picture to take hold to why serbs generally are just to paint a picture because the tribunals have been set up to to accuse all serbian leaders of being i didn't serve them being criminals while hiding the real criminals so that the tribunals pointing finger is the one that the actual criminals who broke up the country hide behind. plenty more to find on our website including the latest news blogs and expert analysis of what's online a few write about what's called unscrupulous nuclear scientists down the technology

from the internet presenting projects as an. attempt to help them search money. and find out how to dozen passengers were stranded on a ship and the vessel was taken to a scrap yard then stone. the security hundred gallon start has begun the first seven cities and regions being transferred from late to responsibility to the hands of local forces. expected to come on the cobbles control in the year the process of transition is sure to last until twenty fourteen of that troops will only remain in their. roles such as the training of police violence has recently spiked in the country. targeting the missions on the table. that needed to fight once foreign forces have gone according to jake little bird and blogger and

a member of rethink afghanistan. 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 fight as much because they're basically fighting if afghan suter to see an afghan peace process take place because afghans generally speaking don't want a silly fight with each other they just want to live in college just for the most part but i think generally speaking that afghans are better off with governing themselves without the united states or the coalition forces providing security for them because as we've seen we have unintentionally killed a lot of people so if afghans are going out against the odds it's better off the united states or nato killing afghans and i think we would be foolish to sit here and think that the u.s. is leaving we're not leaving there will be permanent u.s. involvement in a dog and dog mode for

a long time. before this and other international headlines for you this hour the u.s. has announced it will say that interrogate the family it's the times controlled barclay that if a show of the things you want to say to the u.n. has declared a state of funny to address something. they are still gracious. yesterday a country in the restless. currents of crisis has been caused by the devastating drought the last decades. three space shuttle atlantis is on its way back to worth very last time a craft that's correct quaresma national space station. kennedy space center in florida on thursday will spell the end of mass destruction program to talk about this will become the newseum piece of plastic to mission control into a training facility. sometimes you have to dig deep to reach the stars but these.

that's the case in central russia. we try to spread in recent years once he's a son of boy jumped at the chance to catch a falling star. they don't believe in alley and so 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 for profit but some still see it as their way of heat hiking through the galaxy. 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 to have billion years old what the earth this valley about three hundred kilometers east of moscow is their latest pitstop about ten thousand years ago the local fields to have a pounding from an audience shower creating the most told me to read ground in sun

to russia is this cover in two thousand was a pure accident. with dark haired help with the draining off the excavators left a local resident was passing by he noticed a rather strange broken picked up the rock lay idly in his bomb for two years until he sort of program got me to write some t.v. and scented him for testing. within the next few years about three tons of meteoric material was discovered here somebody unlikely out of the donation he's on our staff he's the only dog in russia trying to hunt for rocks from other planets in many ways meteorite hunting is a lot like gold digging you have to spend weeks and while hoping for a stroke of luck but in today's prices searching for these acts trying to wrestle rocks can be more profitable than even be good all the gold for you or martian know lou when i meet her right to be in high as the months can cost two or even three times their weight in gold the biggest findings usually gravitate to the not it's.

and western europe where most need to write. and while russia gosselaar x. factor terrestrial rocks ten percent of their value might be paid to this day still some delusion try and dodge the need for a tax base for time hall was uncovered earlier this year at a moscow airport on its way illegally to the czech republic. for some their fallen stars but for others the tribes are increasingly becoming a brazing hard new commodity. resigned region. but later this hour we've got some diving stars for you all to the russian cliff diving i think it's not something that's unique to hire that it's astounded spectators around the world and our sports ability later. still that's the latest business news for every.

hello and welcome to the business here on r.t. now we start this hour with minority shareholders at b.p. who are preparing a lawsuit the man in five to ten billion dollars in damages over b.p.'s failed bid to partner with rosneft in the arctic exploration and that one a russian court ruling or bludgeoned authorities involved to submit documents on the preparation of the multibillion dollar deal within two weeks this will allow the shareholders to evaluate the damages. and have failed to strike a deal this spring as t.n.t. b.p. shareholders claim b.p.'s russian joint venture should be the primary vehicle for exploration in the arctic. the u.s.'s come up with a last resort plants are a result of that lock over it's that sealing the planners hope to help the country avoid a catastrophic default that includes deficit cuts or four trillion dollars and calls

for tax increases of one trillion but chief strategists of eye injury bank chris weaver says there might be a gap between promises and real cuts. if the government makes too many cuts and raises taxes too severely then they could cause a double dip recession that could cause a substantial slowdown in u.s. economic activity which would of course hit the u.s. federal budgets and exacerbate the problem so they have to be very careful not to introduce the cuts to violently you're too quickly so be a 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 with think that's what we're seeing no or promises of cuts in order to get a deal done but there's a very big difference between promising of course 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. . let's take

a look at the markets now crude is next this hour and that's after early gains as u.s. oil stockpiles shrank indicating fuel demand will increase in the world's biggest consumer of the commodity. and in asia all stocks are all thought they are under selling pressure after survey by h.s.b.c. reported a contraction of chinese manufacturing the july reading is the lowest in twenty eight months sparking worries about the future strength of the chinese economy bank of china is losing just over one percent this hour and your stocks are flat the lack of real progress in the u.s. live that lot is weighing on some exporters t.v. k. corp is adding over two percent. and here in moscow very artsy as in the black point zero six percent right now my sex is about to start trading and both markets ended wednesday session in the black most blue chips were all and lower unemployment rates accelerated retail sales in june help boost investor

confidence. looking ahead to the day's trading michael stipe from much greater financial corporation says and the best mood will be affected by the data from europe and the u.s. today we see a p.m.i. idea coming out of germany we see retail sales coming out of the case investors was to pay close attention to the weekly u.s. initial jobless claims data given addition there's an important event taking place in greece where even leaders will convene to talk about the terms and conditions of the second greek. ruble could be on a downward slide if researchers from the higher school of economics are to be believed they're suggesting the russian currency is ready for the valuation next year and according to them it's weakening as inevitable. physical borders of roughnecks constrained. pricing stable so you would just continue to try and of

stable prices and the same. one for all siempre we disappeared for four across twenty five percent year over year and if you combine those two players you will see that in the second half of the next year the code will stream below one percent of g.d.p. of it for us it is unstable special it will be one percent in the fall in the second quarter it will be zero goodness knows what it will be one just one in the fourth quarter this is definitely the terror of instability or overwhelmed so very much as historically we saw it in ninety four thousand. is below one percent for sure for says different. that's all the business news find out from more stores you can always had so our websites artsy dot com slash business and the meantime stay tuned for the headlines with kerry.

will be the. one who makes him big splash in the world of heights or business what turns events science into i just cheap products they don't understand the whole point is this guy he followed russian leaders to egypt bidders abroad and their big break through back home sunlight on stone once it was just

a here and. we've got the future covered. line. would be so much brighter if you knew about sound from finest impressions. for instance on t.v. don't come.