the moviegoer joy people chose the name of the that's a great way to go to the grand imperial truly the george weston bush coromandel new can a letter tell george bush which says don't need to go and. read this and the colonel was her child as a retreat. bred out people in the e.u. it continues as leaders thrash out a second multibillion dollar lifeline for greece as the bloc arms itself against attacks by u.s. credit rating agencies. in the light of europe's economic woes all serbs are questioning whether the country should join the e.u. those concerns haven't stopped serbia fulfilling its final conditions towards new membership. as news corp chiefs try to weather a major media storm critics say there's no surprise the scandal erupted in society with privacy has been severely devalued. and russian companies will

now be able to list up to one hundred percent of their shares abroad as opposed to twenty five percent previously more and there's now a business program in less than thirty minutes time. and online twenty four hours a day you're watching r.t. were forced into action by the teaching economies of italy and spain and you leaders and private investors have agreed on a second bailout worth around two hundred twenty billion dollars to prop up greece's unraveling conic on precedent that show solidarity to save the euro the heads of states also agreed on a plethora of new laws including one to protect me in from us a predator rating agencies parties that a bushel reports from brussels. greece needs

a second bailout and leads what's being called the euro zone's first ever default the deal involves athens boring more cash yet more money it has to pay back the agreement also requires private investors to swallow some losses something they're likely to resist e.u. leaders also call on them to punt new funds into the country it's unclear how willing they'll be for that to such a kick in the teeth above all the experts are warning this is just a sticking plaster over the euro's wu's which won't tackle the real problem the voice gets of southern euro zone states greece have been rioting on the streets refusing to accept the e.u. savage cuts including lower benefits and salary freezes portugal's prime minister was forced to resign when the country's parliament blocked his austerity proposals italy post a painful spending cuts just last week but italians already planned a national strike to paralyze the country and its economy is much bigger than greece is in the middle of it all the euro's richest member germany reportedly

doesn't want to help chancellor merkel facing an election battle at home has claimed many things in correctly the spaniards the greeks don't work hard enough i think they will save themselves french president nicolas sarkozy is quoted as saying german egoism is criminal and germany quote like solidarity with the euro very much a political project driven by e.u. leaders the sides of the euro two powerhouses germany and france in conflict is unlikely to calm investors who fear for the future of the single currency. while a sweeping measures negotiated by the e.u. made it clear the block is committed to saving you at any cost. mr patrick young says it's tempering your patching over the inherent flaws of finances. ultimately a lot more money has been thrown at the greek economy in the hope that that can stop a contagion but really

a lot of it just looks like hype and i'm very very concerned that we haven't actually find a cure we've just got another sticking plaster what really the european union are trying to do here is they're trying to stanch the blood gets flowing that money that's flowing out of the greek economy can has been kicked down the road the injury of contingent still leaking to other countries such as ireland portugal even italy and spain are there and therefore we don't have a cure what we've seen so far unfortunately looks like hollow words and hollow words do not inspire confidence in markets and that has got to be some degree of a problem for the euro in the longer term. and as the world watches whether a second bailout will finally turn these economic fortunes around we're joined by mark further down there on the new boom and do reports his take on the situation now that he's joining us mr evil who has agreed another massive greek bailout well that with the end of the blocks debt crisis do you think that. the beginning

and i think there are. many more. to be implemented what these. easily. also. be. like really. not be really greece britain french francs no debris and. loaded with greek bonds including the e.c.b. and what of italy and spain though major trade partners for many asian countries if a crisis spread to them what it means for the region do you think. the importance of coast the u.s. and europe even exist for asia he create

i think yes they are big markets these are markets that are not growing rapidly whereas emerging economies are growing very rapidly export markets or china countries like they're not going to american country central asia russia and of course also africa the middle east and so i don't think a crisis in europe would be easer asterix. asian region also don't forget the major we have three point six billion people we have today already a very very significant market. china said it would lend a hand that you by buying up debt and investing in the continent are high and that do you think a good will or desire to spread its influence who are i also wonder because chinese i've also been buying u.s.

treasuries were there last year and very good currency losses on dean's u.s. treasuries back that they have a very low return but my friends. and this was also a decision one of the reasons for bailing out greece east out the western power in the area lease and colonialists and west they don't want china to get this wrong foot hold in europe and the chinese were getting closer to the greeks because greece lisa he took really important for time in terms of having more. well there are also concerns on that investing so much to prop up weaker economies that well the e.u. is essentially turning the jle issues into black white cloth as you can. yes i think personally. for the e.u.

problem would have been strong countries to kick out weak countries of the south. and certainly greece possibly also ireland and frame and essentially focus just the e.u. on very strong countries that would have even that would make more sense in my opinion and also to those of pre-clearance in any economy sky would say if you have a corporation that recent troubles the best is to restructure the rates and everybody has to take a loss golders. we had one bailout after the other and basically it happens on tax payers expenditures the tax payer maybe not realizing it so much but basically there are costs involved in the sens grab

the ural interest rates will be higher then they would have even had the bailouts not occur so given all that they throw a asia what would be more beneficial in your opinion a small eurozone made up of prosperous nations like germany and france or mixed with as it is now. i think a smaller e.u. would probably be more desirable and. even easier we've got so many other. euro's east not. work at me in terms of capital markets because. yesterday the stock markets us europe and asia the stock market. yuri economically it doesn't make much. ok after they get the founder of the

gloom and doom report thank you for joining us here now to. robert. well still to come on the program skeletons in their terms closets are the loans turns a blind eye on the alleged human rights violations like take down the rebels expert opinion coming up. and the operation to bring the sun conclusive garia to the surface of all the river to start enters its final stage. news international chairman james murdoch has been accused of trying to mislead he's saying he was unaware of the true extent of phone hacking by reporters his testimony was challenge by two former executives to say i was informed three years he said the legal practice went beyond just one journalist working some of them being human means that murdoch however denies the accusation and there's the scandal continues to grow critics believe the issue is just the tip of the iceberg

in society that no longer values the privacy of people. you know as the scandal over phone hacking by the murdoch media empire rages on public and political theory has mainly focused on ruthless tabloids out of control prepared to invade people's private lives and even the dad to get the story but some say in this day and age the whole concept of privacy is falling apart and in the u.s. more rapidly than elsewhere every time you tap on your cell or click on google or use your mail service everybody sort of just clicks through that you agree to our terms and conditions well those terms and conditions are very very heavily weighted against you and your privacy interests and we see you breaches of privacy happening . all across america all across the world really in every sector surveillance is rampant but really this is all a microcosm of the biggest surveyor of all which is the state there's little

americans can do with the state having sweeping access to their private information access that followed the nine eleven terrorist attacks under a new law known as the patriot act asana law his privacy was taken away from him in two thousand and two when he was the attains by the f.b.i. for absolutely no reason he says and scrutinized for months without charge he's response for nine years he has voluntarily documented nearly every waking hour of his life on the web he has subsequently even turned it into a form of art sealed for the sort of you just so you know that over here for example you know that on sunday november twenty fourth two thousand and seven five years as far as i went grocery shopping at safeway over there were seventy they got castle here he copies of every debit card transaction so you can see what he bought where and when a g.p.s. device in his pocket reports his real time visit to location on

a map and this is the shot he took on his way to our studio which was immediately uploaded on his website. hasan says he's extraordinary abandonment of his own privacy stems from the ignorance of the authorities but in the fear they decided well that guy looks a little different so he must be arab and if he's arab then he must have explosives everyone knows that that's a logical robbery and we we realize how ridiculous that logic sounds but when your country when your own country takes that on as the basis for national policy. ignorance as the basis of national policy is a pretty scary situation. and that's it for ha son privacy has become a rally of the past and he says he's not surprised a gurney list or anyone else really would use the same surveillance techniques as the state in that sense it might be of no surprise that the chief architect of your putrid act the lawyer who put it together happens to be one of murdoch's

hand-picked used for board directors you served as assistant attorney general in the bush administration and was described by some as the purveyor of the most sweeping curtailment of freedom in the u.s. system across the era at a time when corporations and the government can easily hack into people's private lives it doesn't come as a surprise when for example social networks give your personal information to ads companies or when i think industries livan breaking people's privacy in the u.s. it's so widespread and people have gotten so used to it that rupert murdoch seems to be perfect part of the system rather than some special billing with corporation has been undertaking some unique all lawful practices because here in america they are not so unique i'm going to check our reporting from washington r.t. . speaking of bell grills his cross to consequences that. i think both so much of the atlantic is

a preview for you. we're going to make murdoch and his news corp violator of the foreign corrupt practices act which is criminal and civil penalties. basically doesn't allow u.s. corporations to bribe foreign officials if murdoch is bribing foreign officials so he's really case they're talking about a hundred hundred thousand pounds or one hundred thousand dollars worth of bribes to the london police if that happened he broke the law and the f.c.c. should look at that and say that the twenty four stations he owns that cover forty percent of united states he should not do otherwise and so other news corp licenses should be revoked. kevin to define what he means by bribe a little more carefully because that sounds slightly as though he's overstating it what some of rupert murdoch's british newspapers have been accused of doing is paying the police the story the story it's giving them tips in return for tip offs and i think that is absolutely demick within any tabloid newspaper culture in

virtually any country in the world. so here's the last war crime suspect goran hadzic has been transferred to the hague where you look for the international criminal tribunal for the former yugoslavia oh great hopes his extradition will clear the way for the country's entrance into the new because artie's sarah firth reports the serbs are sure find safe haven within the euro zone. the last of the war crime suspects wanted by the un is heading for the hey it's seen by many as the last obstacle to serbia now gaining the membership but some a skeptical of the process who leaves the cold paced once again the government keeps. its fulfilling new demands are coming from brussels but people are not feeling any benefits from it. actually feeling that things are becoming worse as

a result. support for you is dropping so there is a growing gap between the voting the borders and the government that stands and we will probably continue to an official poll just out shows support for eighty membership among serbs at its lowest ever fifty three percent in favor down from seventy percent eight years ago it's not a surprise that when portugal italy and many more the countries are now struggling the people here no longer believe that the e.u. is going to be the answer to all their problems all show. many. things. besides. all haitians would not be successful.

this is a disillusionment in serbia if the government apparent willingness to bend they got back was easy to mons serbia will get in return for years against nothing whatsoever i mean serbian serbia has got many many more hoops to jump over before it can get anywhere close to a new membership so it could be next on the ease list but another major sticking point is thought to be serbia is failure to recognize breakaway cost of a belgrade fan. that will never happen despite many member states pushing for exactly that president but it. is moral and legal obligations have now been. the song remains the same as. i mean it has been traced. to his interests a project. the arrest warrant had it. is a major obstacle to its race to emerge. there it's still

a long way to go so it's part of the deal will be. served our great. color on around the clock but you can always find more stories on our website at www dot com we've got just a click away today russia. on our website dot com. specialists have started raising the sunken passenger area from the bottom of the.

russian century. went down in minutes almost two weeks ago drowning a hundred fourteen people complex operation involves partially be flown to pumping out water before turning it down so the efforts will find these two missing after the tragedy. where the penguins are difficult. experienced technical problems. the mass grave of alleged program duffey soldiers has been discovered in a rebel controlled area libya according to a british newspaper the telegraph and location was swiftly bulldozed after the discovery suggesting that tend to cover up the killings of bodies were reported mutilated and recent concerns of human rights abuses rebels such crimes are being swept under the carpet meters causing region so says china a spokesman for the british civilians for peace in libya movement. i think really

fundamentally there's been a problem the way nato the nato nations and their media have related to these so-called rebels i mean these rebels have been conducting mass lynchings of black people throughout the first several weeks and months of this crisis and i raised this directly in press press conferences and the answer was what silence it was uncovered in the media before because this does not fit the narrative since the one nine hundred ninety nine nato aggression against yugoslavia which was we are conducting these wars not for geopolitical control and domination of monopolization of mineral wealth but for humanitarian reasons so how can it fit the narrative of these rebels which nato and the nato countries are supporting lynching black people who are conducting all the atrocities they accuse in the gadhafi side of conducting but actually the rebels are conducting these things so it doesn't fit the narrative . there are some other top stories around the world for you this hour a computer hacker quarterly cracked internet security system that says to restrict

to data recording of selves anonymous posted the tweet with a file labeled military restricted documents here is believed to contain information on the advance of operations in the balkans still a breach is in response to the recent arrests of twenty one people accused of some . anonymous movement is known to be sympathetic to wiki leaks and its founder julian assange has already attacked the web sites of companies and government agencies. people affected by last year's earthquake and tsunami in chile have clashed with police commissioner authorities are ready to build a devastated areas most of the protesters have been living in tent camp shelters since the tsunami swept away there they claim the government's reconstruction efforts to slow new new houses built police responded to demonstrations tear gas testers attempted to look major one way. the heat wave

gripping the u.s. has reached the east of the country there you see officials there will be all for their field boston and other cities lower case start taking precautionary measures temperatures in the affected areas have been holding back about thirty seven degree celsius week on conditions have already resulted in at least twenty two deaths across the country. but coming up next hour the moscow team takes you to russia's cynical city of brides proving the country's culture of life doesn't stop at the borders of the capital. a ballad by the city of brides roughly three hundred kilometers from moscow this year it's celebrating its one hundred forty year anniversary with that says a whole range of exciting cultural events from film festivals to exhibitions it's not all happening in moscow.

every this has that with all of the systems. thanks very much carol is now take a look at what's happening in the world of business and russia's economic growth is slowing this high and high oil prices because onyx ministry says the country's g.d.p. increased around three to half percent in the second quarter compared to more than four percent of the beginning of the year however the outlook for the second half is brighter. in the first half of this year the ministry of finance wrote tight fiscal policy and the central bank started typing monetary policy in order to get inflation back under control and they've done it inflation peaked at nine point four percent in may and it's their fulling is the new harvest comes on to the market and in advance the election fiscal policy is no turning from being time to money in so close to being expansionary and running

a deficit so i think that you'll see this fiscal stimulus on the back of the tightening labor market and the best news from construction agriculture push second half growth up strongly so i think that this is just the last. the last outcome of the central bank a ministry of finance is tight first off but also. policy how the markets are doing crude is climbing for a fourth day as investors hope for growing demand amid optimism in europe and the u.s. will deal with their debt crises also the international energy agency says it won't stand a release of world's lives and asia shares are in the black on reports about the bailout for greece nationals were among the best performers in asia and tokyo ology said there was also supported by strong earnings reports of the u.s. firms such as micro devices and san disk and hong kong energy firms benefited from

higher crude. a great deal is also giving support to the european stocks a new bailout should help cut the country's debt by a six the interest of the e.u. unpowered the year four hundred billion euro rescue fund to buy death of stressed euro nations that's intended to prevent the crisis from spreading to other members they also may detail provisions for limiting the damage of credit rating agencies to player and greek default. and here in moscow the indices have joined the global rally let's take a look at some of it. my six. mostly higher held by gains on the oil rise after adding more than half. is on the rise after a seventeen percent increase in net profit last year now attack continuing to rally on reports. permission to buy twenty percent of the tax project well guess

we're you. know x. rays in russia have been largely affected by the turmoil in the e.u. and the us was wrong nash adverted capital says it's time investors look to stocks reflecting local trans. russia so far this year has really been the oil price it's been what's happening in europe what's happening in the us but you know what will drive russian stocks over the longer term and that's i think is what's actually happening in russia you know reforms in the financial sector. some of the reforms that are taking place in the utility sector these proved provide. stocks that will last longer than you know. so i'm looking for stocks like. like the utility sector like some of the. group as well you know stocks that reflects war is positive changing in russia there's going to

be volatility in all of those names but i mean what's happening elsewhere but over the longer. i think you should invest into the russian story nor into what may or may not happen. in the u.s. or between your governments in brussels. russian companies are getting broader access still receives markets the federal service for financial markets has decided to allow them to list up to one hundred percent of their shares are brought the previous limit was just twenty five percent designed to spur local demand for stocks however fishel is admit the limits failed to help instead russian firms help placements using offshore vehicles when seeking to raise cash abroad easing will not relate to strategic enterprises. well it's all the business for now for more memory can always check out our website r t dot com slash business see you next hour.

closures that so much of the taxpayers' money think it was never real. jamie campfire as the phone hacking scandal in the u.k. involves more victims and politicians look for cover all eyes are on the future of . india oh she's available in the movie.