we might see scenarios like a bank. that 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 is facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe not indeed there are problems in three time zones at the moment the most visible the most obvious is clearly the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well. e.u. leaders could sign that this warrant for the single currency here at the summit if again they fail to do with deal to halt the spread in europe experts fear public plan it will take over denying them control. see brussels. biscuits make good opinion now on the e.u.

emergency so it is spring term financial writer peter bell paints a very good evening thank you being on r.t. international as the leaders then hold that emergency summit all eyes on the franco german rescue deal for greece but doesn't that suggest only two countries there making the decisions for all seventeen nations in the eurozone. of course as a political agreement on this is a political situation and the two biggest are simply france and germany to be honest i think the other fifteen are going to be greatly relieved if france and germany have genuinely sorted out their differences france didn't want the banks involved germany to various compromises have been made and that's going to be for the strength of all seventeen same question as last time though when this first bailout happened with all this talk of a second bailout now for grace is it is it wise to throw good money after bad to a country which now has got a history of borrowing more than it can pay back. well it's not wise but there is no alternative or at least the alternative is even worse because if greece does not

get more money and this time remember under much more specific conditions. very much more controlled by the by the others who are lending the money if they don't get that money then in fact suddenly they will not be able to pay back and if they don't pay back bondholders who are now being dragged in would be losing their money probably greek banks would be shutting people would be taking their money out of greece greeks even would be taking their money out of greek banks in your eyes and suddenly gets or germany or simply hoarding it under the bed it would be a total meltdown and that it really to nobody's advantage it is there is a graph of postal from the summit says the private investors will participate in the second rescue package for greece but you know with so much at stake i guess they didn't have any choice it's all hands on deck isn't it right now. well certainly they have no choice again because the alternatives are so absolutely dreadful germany made it a condition that they should in some form or other be some private bondholder participation of course the banks didn't like that they much preferred it when they

could lend to anybody and they liked with a certain food they'd get all their money back however ridiculous the lending was well they are going to have to pay a certain price this time around however the rating agencies became important and what seems to be shaping up now is that the european central bank and the and the other institutions are going to say well even if the rating agencies american rating agencies say this is a default or selective default we in turn will back those bones and in the sense replace the guarantee that the rating agencies are from like sort of gave before the peter is such a mess is now i mean since the debt crisis started we have witnessed a single successful example of a bailout putting a definitive end to the troubles in the country seems to have more countries are being dragged into it why is it all going so wrong. well a bailout doesn't solve fundamental problems and you don't have you don't have it

come in the financial meltdown unless you have something fundamentally wrong with your economy or with the way your country is governed and that very clearly is the case with greece now turning around very bad governance in our country particularly when you've got people on the street demonstrations and very understandably demonstrating because it isn't necessarily the ordinary greeks who have been of fading their taxes and by increasing the deficit and that situation it really has got to be or hands on the back and you have simply got to learn more you don't expect to solve the problem completely but there is talk of a so-called marshall fund whatever that would mean exactly in the case of greece and of making sure that the greek economy doesn't slow down because that has been part of the problem it's not just a financial problem i list greece has a growth economic growth it will not be in a position to repay its debts let alone to run its government and its public

services and so there has got to be some recognition that austerity yes but not at the cost of strangling the greek economy and that does seem to be coming from peter in ten seconds your prognosis for the euro will be around in two years. yes i think it will be around in two years badly done too badly but still financial writer peter bell thank you for your thoughts good of your expertise on the program thank you. well the cracks don't seem to be frightening off those still keen to join it we report later about that they sour. with the east still struggling to keep its head above water there is still some time he'd been ready to get on board because some commentators have climbing on the titanic are they started thinking. investigations into the phone hacking cases rocking the united kingdom are growing by the day with other more questions being asked of key figures in political media and police circles and as the scandal intensifies his impact threatens careers

across the board next artie's law and it reports on how the case continues to haunt not just rupert murdoch but the u.k. prime minister david cameron as well. this is humble my life i'm enjoying this so. some major pins in the news hacking scandal maybe warbling but at the moment they're still standing despite the pull off the ball threatening to smash them out of the game. in the brain british prime minister david cameron and the murdoch's chiefs of global news empire news corp also implicated the police accused of taking but where will the next strike come in the phone hacking scandal and who'll end up the biggest turkey. there's been a large amount of fingers and errors and 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 him fancy a flutter on the much of the century betting shops and flashed the odds on cameron being the first m.p. to pull over hacking. 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 forty one years and he 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 the murdoch's may have dodged bullets coming from every direction from m.p.'s but it was someone not even in the game who hit the eighty year old kingpin right in the face with a phone despite profuse apologies to victims of his own newspaper's unethical behavior he had no intention of stepping down. what's less clear is whether david cameron remains the best person to lead britain

out of this crisis of confidence it's cameron's arch rival ed miliband who believes he's got the skittle shaking. and he's going up a spare that will see the whole dog come rushing around 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 colson and bringing him into the heart of downing street. commentators say to pin spotted machine has placed the prime minister on a firmer footing following wednesday's game in the house of commons but the match is still far from won you know. he is damaged before base he was he was beginning to develop in the form cameron because none of that sort of damaging political issues that were in the government actually stuck to him the scandals forced resignations all round top executives at news corp and the u.k.'s

two most senior police officers many are asking if the prime minister will be next to find himself lying face down in the gully. david cameron's promised a full some apology if it turns out and he calls and was lying to him about his involvement in phone hacking but some say that won't be enough when this is over and we're a long way from that it's far from clear who can survive the frame still to come and remain standing at the top of the media the police and the government. nor any artsy london. though soledad those communications director of the american n.-g. o. free press i spoke to him he said we've only seen the tip of the iceberg as he sees it the crisis. there's been a very cozy relationship between media and government throughout western

democracies it's no less true in the united states than it is in the u.k. . and what we what we've seen is is sort of a laying bare of that relationship in a way that that everybody suspected but now we now we can see that it's the. that our suspicions are proven true the only surprise would be if there weren't more surprises and there is suspicion that something similar or to a lesser or greater extent has been happening in the united states if in fact it is found that the allegations that news corp properties were looking for looking to hack the telephones of nine eleven family victims or victims' families that is going to be a storm the likes of which you've never seen in the u.s. well this story spark passionate debate on our web site form of many of the stories rules for discussion as well of course if you want to join and please do it's about say go home while you are aligned with us check out these to delivery with a difference in the. zoo owner's pledge to spend five weeks with his family of big

cats hopefully will get a fingers crossed he will end up as the lunch he said to be the midwife find out more about online. passion and fashion run high in some places but dozens of glamorous contestants putting on their high heels for one hundred meter sprint to find out what prize the girls chasing. so be as expecting progress in its bid to join the e.u. after the arrest of war crimes suspect go to how they have been a key hurdle indeed on the road to membership that still needed clearing up how to be extradited to the hague on saturday reports from the serbian capital belgrade. whilst the government's very much to the west the public opinion actually does differ quite significantly now the last time i was in belgrade at the end of last year i spoke to the deputy prime minister had asked him why there's still such a government drive to this membership and he said that they really see this as

a chance the serbian people to have a normal life well the people here in serbia only have to look at what's happening right now in greece in spain in italy to see that quite clearly even membership is not going to be the answer to all our country's problems now add to that that they're also a very disillusioned with the government's policies and the way that they've handled this whole partnership and dealings with the e.u. they feel the serbia is being made to jump through hoops and it was there for filling all these the monster to put on them by the this thing which very little in return will get in return what it usually gets nothing whatsoever. so we have got many many more hoops to jump over before we can get anywhere close to. the e.u. has always linked. membership with the full cooperation with the hague

and we've already heard from president had it that he feels that they have felt the moral and legal obligations to the hague so it's going to be very interesting now see with this latest arrest of had it whether or not the e.u. is going to spill not just with words but with actions that it seems that with the arrest serbia really has called brussels blocked. so what are serbia's terms of joining the gun of issues from the story corps project he's on the line with us now live from a bunch of country where the snow has been arrested the serbian president says he is now the you in the eyes to see if brussels will keep its promise the big question is will it. of course it will no it never does the list of demands will grow criticism that they each is throwing people to the rules why it's not all one by one in the hope that this will facilitate serbia's entry into the

european union which for him and because that's the key to ending cope with the government means a new source of funding after the fire sale of serbia's economy to western financial interests. that human sacrifice has made so far whether have broken no results whatsoever so if you're here go ahead so if you think it's that gloomy the outcome why did why did he do this was it to boost his standing at home with elections coming that. well yes i'm sure that this shit is just delusional you know the big but he urged simply needs to be filmed reality because there's in spite of the total control serbia's media by western interests the serbian people are no longer as ignorant of the outside world as their rulers and their rulers sponsors would like but it's

a big fold show that about sixty percent of the serbs are opposed to those skeptical about joining the e.u. many have relatives abroad and are getting them to picture things there like they're in the promised land besides this or they're seeing grease in their clothes clueless and indications would not be successfully concealed or spun labels that are those skills will propagandists so the pathetic that they should commit the acts that the population are opposed to into the moochers placating them by offering them something that they are not enthusiastic about anyway all right jeanne very clever political parade with me stephen the official line from forest thought it shows that these arrests of war crime think it has been made to savage moves towards reconciliation once the real picture. well the real picture is the business political mumbo jumbo and even present company which probably will take it

seriously there can be no reconciliation in the balkans they're not going to come from beijing with. all the actors in the recent conflict and nondiscriminatory punishment for all the culprits the present system. is the hope for. meet those conditions and the result of beaches. will be computed breakers from other ethnic. regions and by the serbs. can you work the description of reconciliation talk about the un call their hopes to complete his mandate by twenty fourteen while the remaining trials now speed up do you think. you are right. yes there have already been some indications that they are planning to speed up reformulating in some sense and there has been some throwing.

play on the issue that they have become one of the really important question is what position russia in the security council employ people when that issue comes up. and the point of. why one can only hope. for the mistake it is he has committed when it was actually my mind is like putting it. at the curtain is also going to go. to start a project thanks your expert views on the program tonight thank you my pleasure thank you all right elsewhere around the world tonight we bring up to date on three top world news stories the u.s. has announced it will send aid to famine hit somalia but on. only if assured that deliveries won't be ended as they pass through is a mist militant controlled areas the us has declared a state of famine in southern somalia where nearly four million people are in

danger of starvation devastating drought calls the crisis is said to be the worst to hit the region in decades it's estimated the stricken country needs over one and a half billion u.s. dollars in aid now. for all the kenyans have been given legal permission to sue the british government over alleged atrocities committed during colonial times the claimants allege they were systematically abused in special camps set up to crush them out no rebellion against british rule the foreign office says it should not be held responsible for the actions of the colonial administration. atlantis. through the very last landing after almost a fortnight in orbit the touchdown brings to an end thirty years now of the american space shuttle program but lantis is the last shuttle to be retired it's been put on display at the kennedy space center many future missions by u.s. astronauts to the i assess will rely entirely on help from russia. sometimes you have to dig deep to reach for the stars they say that at least is the case in

central russia region where beach right fever spread in recent years our teaser jumped at the chance to catch a falling star. they don't believe in aliens or big 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 chocking 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 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 heavy pounding from an iron shower. creating the most fertile metering ground in central russia is discovering two thousand was a pure accident. a few ditches were dug could 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 me to write some t.v. and sent it in for testing that. within the next few years about three tons of meteoric material was discovered here some of it the unlikely help of digital 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 and of wild hoping for a stroke of luck but in today's prices searching for these accidents arrests or rocks can be more profitable than even the good old gold fever marchionne no lou and i meteorites which are in high as the month can cost two or even three times their weight in gold the biggest findings usually gravitate to the united states

and western europe where most me to write collector is a base and while russia does allow x. where the facts are terrestrial rocks ten percent of their value must be paid to this day still some delusion to try and dodge the meteorite tax base for taiwan hall was uncovered earlier this year at a moscow airport 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 kind of art scene. on the heart of a special report coming soon exploring how they that they food can be to dangerous maladies not a couple of minutes time i mean time of danger with this one demetrius here with the business of. hungry for the full story we've got it for. the biggest issues get a human voice face to face with the news makers. would

be so much brighter if you knew the song from finalist impressions. stance on t.v. don't. know if you're watching business r.t. minority shareholders of two k.b.p.s. preparing a lawsuit over b.p.'s failed bid to partner ross now in oct expression the shareholders have won a russian court ruling ordering papers surrounding multibillion dollar deal to be revealed this will allow them to evaluate the damages. failed to strike the deal

this spring as ten-k. b.p. shareholders claimed b.p.'s russian joint venture should be the primary vehicle for exploration in the arctic. changes to the board members nominated by b.p. didn't make it clear there was an opportunity for corporations which they should have done as a result ten-k. b.p. didn't get to participate in this partnership and dance might have had losses. by the second leg of the markets will start with crude which has had a very volatile day in light sweet at the moment it's flirting with the one hundred dollars per barrel mark as hope improves about the fate of global economy and therefore global demand and now why is that we'll take a look in just a second u.s. markets opened strongly that's after morgan stanley. the smaller than expected course of the last this is driving financials forward the bank itself was up at one point around six percent jobless claims however came out with a slight increase but

a lot of the drive is coming from europe where the markets also ended in positive territory chancellor merkel and french president sarkozy agreed on a joint approach to greece's debt crisis ahead of today's t u summit and as i mentioned that in turn pushed oil prices higher and therefore russian markets had a very positive ending the first day straight up one point nine percent my six one point six percent also low unemployment rates and accelerates of retail sales in june helped let's take a look at some of the main gainers and that's gas from along with other energy shares again to one point seven percent for examples but bag was losing throughout most of the day but in the end joined the global financial rally up more than one percent and was telecom managed to gauge half a percent that's off the gaining five and a half the previous session here is in the role of nash from but i don't think. it's been a really rocky market over the last the last few days as everybody is watching what's happening in europe here can the euro zone governments find

a longer term solution to this ongoing saga with the peripheral european countries in particular greece today is the day thursday today is the day where and eurozone countries are supposed to come up with some long term solution if they do that it's going to be respectful and you're going to see russia really very if they don't. you know there is a potential disaster scenario that will make people very very nervous and and you see that in today's traders actually the markets started off lower. moved down and then there's a little bit more through doesn't carry through the some leaks that are coming out of the european negotiations and therefore the markets rallied on the day up next on capital with the headlines two states.

the. thing.

live from central moscow and around the world this is r t thanks for being with us top stories the leaders are in brussels for a crunch summit hammering out measures to tackle the growing crisis but many say with the epidemic spreading and threatening big economies like italy and spain it's the very future of the single currency at stake some top story tonight meantime the troubles on the touring aspiring states from wanting to join is said without its war crime future into the hague arresting god and how big was the condition serbia

has not fulfilled hoping to move closer to becoming a member of the block. and investigations into the u.k. phone hacking scandal intensified with even more political figures coming on the scrutiny in public betting on who the case might bring next. threatens the careers of not only media executives including rupert murdoch himself but also the political future of prime minister david cameron. it's nine thirty one pm here in moscow next the deadliest diseases you didn't find out what not to eat that in a special report we've got for you. you're not born with a bio chemistry or psychology degree so every second of your existence from birth to graduation people make decisions for you what you do what you wear what you learn and most important what you eat. as you grow older your parents obsess over paying the bills keeping everyone fed is their main priority and here's

the problem they come home from a long day of work and exhausted they fix you dinner what is it processed food why because it's cheap quick and they've been convinced it's good for you. when they need a babysitter who becomes your new best friend the television and as you watch the t.v. you see all those food commercials with slogans like good for the little keyboard elves who are constantly telling you how great their products are. one day you wake up and you're twenty five what happened to all those years by now you've been thoroughly branded by the food and chemical companies. all of your daily food purchases are made in accordance with how you feel about the products you consume. for example you only eat heinz ketchup and nothing else you drink your favorite soft drink a bit chilly everyone has a favorite snack food candy or.