the richest states the voters refuse to foot the bill well i don't think i've ever met any body in the united kingdom in london markets to actually wants to contribute to the buyout countries like greece and italy and to contribute to the continued 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 on those states could trigger a chain reaction greece believe investors can no longer to avoid quitting the euro that in turn will spark 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 in portuguese debt if those countries go bust they could lose that money we might see scenarios like that. means 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 euros 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 recession 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 to halt the spread in europe experts fear public panic will take over denying them control. see brussels well germany and france have declared that they'll take a joint position on fighting the debt crisis through today's summit but according

to professor. paris west university their unity is intended only for show. if they go on doing what they did for the last two years it's going to feel because there was one plan a second plan and now if they had a plan of this in nature it would feel basically the germans are reluctant to involve private banks whereas the french. press french president of course is more in favor of involving the private banks that's on the surface but i think everyone has to make an effort with the crisis is very serious family practice has always been there and there's an attempt now to paper over the cracks because the when the euro with created. a rush towards a common currency with very different economies stiff a call to say now if the euro can be saved because there's a real danger of greece defaulting. east

troubles to preserve the euro the u.s. is fighting its own battles economic hardship faced by both sides as a consequence of their refusal to recognize the huge issues of the two thousand and eight financial crash presented that's according to former financial times correspondent david don't well i think the story is that the euro as a phenomenon is in quite serious danger at the moment however where worrying more than a thing else about both europe and the us slipping deeper and deeper back towards a recession there is a lot at stake in the us 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 property recognize the dangers that they're creating for the global economy is all in the prospects of recovering in any short term from the recession that's already dogged this for three years.

well coming up in a few minutes a meteor frenzy grips the central russian after the discovery of priceless extraterrestrial material. the london based team investigating phone hacking by journalists at news international has been expanded from forty five to sixty police officers and staff as a scandal intensifies comes after m.p.'s want any delay in competing investigation would put back the start of the planned public inquiry russian billionaire alexander lebedev meanwhile says he may be interested in going to launching rupert murdoch's shamed of the world tabloid he already owns two other british papers the london evening standard and the independent. reports from london the. scandal is going to not only murdoch but also the prime minister david cameron. i'm enjoying this so i who will survive the phone hacking scandal and keep

his job cameron comes under fire for hiring andy coolth a former editor of the now defunct news of the world he's accused of encouraging his staff to hack into private emails there's been a large amount of fingers in isn't just a kind of heads in the sand and that is lethal for a prime minister and he's now in 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 start still around the betting shops of the old throne cameron being the next m.p. to quit the hacking they are thirty one hundred to one at the beginning of the week 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. committees have been going on behind us. and we've seen cameron over the last few weeks fall from

open. it's a want to be the next cabinet member to leave to fall to one year state is 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 foam 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 out of this crisis of confidence he hired coos 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 simple taney asli working for the metropolitan police politicians and police 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 a half apology and provide the full apology now for hiring mr colson and bringing him 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 he was he was beginning to develop the teflon camera because none of that sort of damage that was in 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 offices many why the prime minister shouldn't be next for a knockout david cameron promised to fulfill an apology if it turns out and he can send it to him about his involvement with phone hacking but some say that would be enough when it's over and we already don't wait for 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 doran is also going to. new york based radio host sam see this says rupert murdoch is facing the collapse of his business and political ambitions i would be shocked if he is still at the helm of news corp in 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 new company it was a media company that has a new vision 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 just for the sake of political power to be antithetical to running a good business. well the arrest of course one hundred of the international criminal tribunal for the former yugoslavia to focus on the completion of its mandates that's according to the u.n. chief ban ki-moon who welcomed the end of a seven year manhunt excretions general use of atrocities stemming from the early ninety's and called the vix is the last on the tribunals wanted list to go to trial is expected to be extradited to the court to take within days well to the surface

in belgrade and the events leading up to his detention. the court here in belgrade approved decision texted him to the hague now they have the defense has three days to appeal that decision but according to local media reports we've heard that the lawyer has said that the defense doesn't plan to do that and also from the deputy. crimes prosecutor he said he doesn't expect any big during that three day deadline for the pill and also that it's expected fairly quickly he will be extradited to the hague detained obviously after many many years on the run that happened yesterday there is still his family in a small village northwest of belgrade and this really seen as quite a victory for specially president had it he pushing for that the tension of these war crimes that he has come under criticism it is the north and holding to toss

these people bringing them in and this is the laws of the world prime suspects wanted by the u.s. for the crimes committed during the break up of yugoslavia during the one nine hundred had its has been questioned about the atrocities committed in particular an incident says there was one very specific moment it's the massacre of three hundred prisoners in the town of ninety nine to one sees already being questioned about that and of course this is being seen as one of the major obstacles to be gaining full eve membership. and now that he's arrested it's thought perhaps that would be the next step now. having can't people that membership critics is that really to seem that this is now going to pave the way thirty eight c. and the and again even membership i would be very naive and in fact there's going to be a number of bumps in the range along the way and not least that is the public opinion there's been a lot of criticism of the government's policies in fact i was actually here in the

fanfare and i speak to the deputy prime minister and he said that he even membership has a chance the serbian people would have a normal life but the people are saying they're completely disillusioned with that and as they've seen quite recently you know the e.u. itself is going to a crisis they've got a number of problems they're dealing with and with this latest arrest. bluff they said that this is one of the final obstacles to gaining even membership and talking about that candidacy and now we're seeing with the comes back and actually meets that with with any actions. or the hundreds of arrests comes less than two months after the capture of the form of commander general right kind of like the balkans experts marco gusset explains why the international criminal tribunal for the former yugoslavia so focused on subi in the war time the. just a loose and 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 that would be inconvenient they have to accuse all the all the

leadership of being criminals for this propaganda picture to take hold as to why serbs generally of this to paint a picture because the tribunals have been set up to to accuse also be leaders of being i didn't serve the big criminals while hiding the real criminals so the tribunals pointing finger is the one that the actual criminals who broke up the country hide behind. by spending more to find our website including the latest news blogs an expert analysis of what's on life you right now at r.t. dot com unscrupulous if you can a scientists down their technology from the internet presenting projects as they tend to do such money. and find out how two dozen passengers were stranded on a ship vessel was taken to a scrap yard then stood on board. the security handover in

afghanistan has begun the first seven cities and regions being transferred from nato responsibility into the hands of local forces and that set of air is expected to come on the cobbles control at the end of the year the process of transition is shifting to last until fourteen so that this is a request i support involves such as the training of the police the violence has recently spiked in the country surge and specifically targeting the engines on getting one hundred ton about one that needed to fight one's own forces and gone that's according to jake did a better blogger and a member of the rethink afghanistan me and. the taliban it has grown as a result of continued u.s. presence in the 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 it's afghans you're going to see an afghan peace process take place because afghans

generally speaking don't want to really 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 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 killing afghans doubts that'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 nato involvement for a long time. well a brief look now at some other international headlines the u.s. has announced it will send one of ten a common hit somalia if the shore that given these through the business to militant controlled regions deceptive un has declared a state or founded in two areas of southern somalia where many millions are in danger starvation humanitarian agencies estimate the country needs in the hall u.s.

dollars in aid of the current crisis has been caused by a devastating drought worst in decades. the space shuttle atlantis will commemorate its voyage when it reaches the u.s. in about half an hour's time to craft who fall into enemy the international space station due to the kennedy space center horror that ending with the end of the rest of shuttle program after that atlantis will become a museum piece plans to turn the mission control room into a training facility. that sometimes you have to dig deep to reach the stars at least that's the case in the central russians resign region where meteorite fever has spread in recent is. a boy could jump at the chance to catch a falling star. they don't believe in aliens 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 it for profit but some still see it as their way of heat hiking through the galaxy that the initial 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 this valley about three hundred kilometers east of moscow is their latest pitstop about ten thousand years ago the local fields took a have a pounding from an audience shower creating the most telling me to read ground in central russia is discovering two thousand was a pure accident. a few ditches were dug kids help with the draining off the excavators left a local resident was passing by he noticed a rather strange broken picked it up the rug lay idly in his bomb for two years until the store program brought meteorites on t.v. and sent it in for testing. within the next few years about three tons of meteoric

material was discovered here some of the unlikely help of the nation 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 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 where most me to write collectors a base and while russia does allow x. where the facts are to restoral rocks ten percent of their value must be paid to the. still some delusions try and dodge the meteorite tax for taiwan halt was uncovered earlier this year at a mosque in our fourth on its way illegally to the czech republic for some of their

fallen stars but for others meteorites are increasingly becoming a blazing hot new commodity. resign region. well it's top of the business news now with maria. hello and welcome to business here on r.t. minority shareholders of b.p. are preparing a lawsuit demanding up to ten billion dollars in damages over be peace fail a bid to partner in arctic exploration now though shareholders have won a russian court ruling or their own paper surrounding the multibillion dollar deal to be revealed this will allow them to evaluate the damages b.p. have failed to strike that the other spring as team to b.p. shareholders claimed b.p.'s russian joint venture should be the primary vehicle for

arctic exploration. the us has come up with an eleven power plants will resolve the deadlock all for its debt ceiling it's hoped the plan will help the country avoid a technical default that includes deficit cuts all four trillion dollars and it calls for tax increases over one trillion but the chief strategist of i n g bank chris we first 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 or to quickly so be a very tricky balancing act and that's why i'm not expecting even the four trillion dollar 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 are promises of cuts in order to

get it done but there's a very big difference between promising a course of action and 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. . now let's take a look at the markets now crude is losing the sour that's after earlier gains as u.s. oil stockpiles strength indicating fuel demand increases in the world's biggest consumer on the commodity. and the european markets are in the red this hour earlier we saw gains as chancellor merkel and french president sarkozy agreed on the joint approach to greece's debt crisis ahead of today's new summits the footsie is losing about half a percent this hour and the german dax is point eight percent down. and here in moscow both markets have slipped into negative territory and that's despite reports of low unemployment rates and accelerated retail sales in june now let's

have a look at the end movers on my sacks and their stocks are in the rad with gas probably losing the point seven percent this hour banking stocks are also trading and negative territory. three quarters of a percent bucking the trend is ross telecom and it's rallying on speculation that could be completely sold to private investors. looking ahead to the day's trade michael starting from what creates a financial corporation says investors mood will be affected by data from europe and the u.s. . 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 weekly u.s. initial jobless claims data in addition there's an important event taking place in greece where e.u. leaders will convene to talk about the terms and conditions of the second greek loan. and the ruble could be on the downward slide if researchers from the higher

school of economics are to be believed they're suggesting the russian currency is ready for a devaluation next year and according to them it's weakening is inevitable. physical volumes of roughnecks have been strained and prices stable so you would just continue the trend of stable oil prices and the same with all the let's say slow one for all the input we dissipate while forecast twenty five percent year over year and if you combine those two players you will see of that in the second half of the or next year russian current account will stream below one percent of g.d.p. of that for us it means unstable spatial 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 real territory for instability over sort of a month and historically we saw it in ninety eight to four thousand as. is below one percent russia prices deliberation. and that's all the business is for now for

more stories you can always head to our website r.t. dot com slash in the meantime it's the headlines with kerry. forty two thousand americans die each year from car accidents only a thousand. seven hundred thousand people murdered and thirty two thousand will

kill themselves cancer in all its forms kills five hundred sixty thousand of us here part diseases even more devastating they killed over eight hundred seventy thousand americans every year. he says of nature and discover it's. a communicate with the wild and. test yourself and become free. to. see what nature can give you. the hunger for the full story we've got it for. the biggest issues get the human voice face to face with the news makers.

time for a look at the main stories we're covering for you this tape. you need is a big career in brussels on how to fund the continuing bailouts as an epidemic. strains a year on its last legs. the international media mogul and top politicians come under huge public scrutiny raising doubts they'll be able to survive the fall out of the phone hacking scandal and the store public trust. the last remaining indicted war crimes suspect. is awaiting extradition to the hague to serbia great

hopes the move will bring the country closer to membership. don't cross the world in a number of people die from heart disease every year all special reports coming up next traces the connection between the statistics and what's in the food we eat. everybody eats food and we all have our favorites here in america is abundant so we take it for granted. think about the food you eat what do you know about it where does it come from how is it made. me eating before corporations were relentlessly

marketing food to us. this film is not just about food it's about the changes in our food supply the changes in the quality of our food. as a nurse i work in hospitals one thing remains the same throughout the mall there are too many sick people. it seems all diseases are on the rise. how many people do you know with heart problems diabetes. the hospitals are full and there's not enough nurses to properly take care of them all. the quality of our food is decreasing and the number sick people are increasing there has to be a connection. the majority of americans are overweight and at the same time malnourished is it because refined grains are excess sugar intake what about chemical food additives what role do they play in our health.