the gateway to the grand imperial truly the george west coast coromandel you can go with a gentle. civility to go. read this and the colonel was so chilled as a treat. to fever in the e.u. continues as leaders thrash out a second multibillion dollar for greece even as the block arms itself against attacks by u.s. credit rating agencies. are allied to europe's economic worries more questing whether the country should join the e.u. those concerns haven't stopped serbia fulfilling its own conditions towards a new membership. news corp she's trying to weather a major media storm critics say there is no surprise the scandal erupted at a time when people's privacy is being severely devalued. and here in business we

take a look at the industry sectors there are likely to provide a boost for russia's economy in the second half of the here. where you're watching r t well news and much more twenty four hours a day. interaction by the teacher in economies of italy and spain you need is a private investors have agreed on a second bailout worth around two hundred twenty billion dollars to prop up greece's unraveling economy in an unprecedented show of solidarity to save the ailing euro the heads of states and soon to read a letter of new laws including ones to protect the union from u.s. credit rating agencies or to establish reports from brussels. greece needs a second bailout some 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 cooling them to pump new funds into the country it's unclear how willing will be for that after such a kick in the teeth above all the experts are warning this is just a sticking plaster over the euros which will tackle the real problem divorce pits of southern euro zone states greece have been royalty 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 locked his old stereotype proposals it's only post painful spending cuts just last week but italians already planned a national strike to power lies 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 anything correctly the spaniards the greeks don't work hard enough i think they must 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. sweeping measures negotiated by the e.u. made it clear the block is committed to saving the euro at any cost but economic journalist patrick young says it's only a temporary kill patching over the inherent flaws of the us and 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 strong the blood that's flowing the money that's flowing out of the greek economy it can has been kicked down the road the danger of contagion 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 whole words and whole 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. as the world watches whether a second greece spread out or finally turn the economy fortunes around and we're joined by francisco city correspondent for the stamper daily and live from beijing thank you for joining us here on r.t. now the e.u. has not committed itself to another multi billion dollar bailout for greece without any guarantee of success how can that be justified. well maybe estie can pass a correspondence before just say. the markets to be believed in it and

you will it's a necessary major. to at least stop order more men it is just that it was a rambling europe now in the following days and weeks we will see if problem major coal or. other countries will be determined to. increase all that on on on the economy i would say i am optimistic for the moment because for the first time in a long long time and we have seen the german and french leaders coming together well forgive me you say that they're coming together but seeing that they were forced to come together really i mean what about the concerns that no amount of bailouts can force a country to be reinvented economy as you say it's a sticking plaster.

now it is there an issue to. all european community pestering they not only its economy i would say but also it's all of it because that. floor and crisis group date is. based on lack of economic leadership it's not enough. power that's the central bank of europe there must be more power vested in a sacred government of well forgive me for interrupting forgive me there but i mean what we talk about the central government there but what about the greek people and how can they be expected to suffer any more to pay off a bailout that most of them opposed in the first place. well what do you want to people to do to suffer for their bailout or suffer for it told all disaster albeit economy there is nor. ground i'm afraid they're in mass.

crisis must be needed i'm sure it is not wonderful situation for anybody and not certainly for all the italian people i meet tallying. the known action easily beyond words but i'm glad you mentioned it is entirely there because well it's no secret there to sleaze verging on the brink of its own possible disaster what will happen if it falls into the abyss well if it alls into. each tell you will have more of our likely release we will. be a legal consequences kountry it could be split ice well no northern italy bury develop its bury its economy its very strong and southern italy where i come from if economies really we saw. for it he tell you but i would say also for europe to prevent east. from. italia ns and europeans as

well and good as well and to make up for all of these lawsuits which all europe any talents are bound to incur. realistically speaking isn't this just a big political club that's trying desperately to save face at any cost. well it is not only safe space i mean it's not basis based on new pieces where involved it would be easy it is the lives of hundreds of millions of people in europe and i would say it's hundreds of millions in all over the world because if european europe folds or our then russia. will suffer the consequences and also america would say i'm going to stay on don't recall that even an actual collapse. parkies don't come to an agreement and you're off all those dollars not. for a plant to perform well you mentioned america there and the people said that italy

is too big an economy to fail but the same with sort of america's alone market before the crash of two thousand and eight isn't there a paradox areally well i mean i'm not saying that any country could be to fail we have seen many many countries. which have failed in one way or another sold we have to be baby girl for. top alert must be. you must be on top of her because many things can go wrong and in each three many things have gone wrong soul. anything can happen now clearly something does have to change and in this case for example i would leave thing in the us to be a catalyst for that change. definitely and i would say not leaving you would be a catalyst for change because no way. it can go on like we are with

europe eternally must dramatically change its economy and i would say to even its polity because it. is not tall enough to patty expenditure increase taxes by new policies to date or should occur lot are necessary if these policies don't come along as it will be and that well as a mess indeed in some commentators say that it's least down for would still well certainly some problems for china but do you think that's really true i think it will spell problems for all of europe is the second largest debtor in europe after germany but of course not if your money is much bigger country but the downfall who. all thought drag on too many and definitely it would be a massive problem for china and. europe over all these largest

trading partner or for china and india ok leave it there for now francisco associate correspondent at the los stampa daily newspaper thank you for joining us here on l.t. thank you. well still to come on the program skeletons in nato close it on the alliance turns a blind eye on the end their human rights violations by antica the rebels expert opinion coming up soon. and the operation to bring the some conclusion gary to the surface of the polgar event of the stand and its final stage. news international tram and james murdoch has been accused of trying to mislead british and these are saying he was unaware of the true extent of phone hacking by reporters his testimony was challenged by two former executives who say that it was

formed three years ago that legal practice went beyond just one rogue journalist and son of a media mogul. denies the accusation and the scandal continues to grow critics believe the issue is just the tip of the island in a society that no longer values the privacy of its people. as the scandal over phone hacking by the murdoch media empire rages on the 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 here this is all a microcosm of biggest surveille or at 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 hassani law his privacy was taken away from him in two thousand and two when he was detained by the f.b.i. for absolutely no reason he says and scrutinized for months without charge is 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 the toilet so that so you know that over here for example you know that on sunday november twenty fourth of compounds and seven i've used this toilet i went grocery shopping at safeway over there october seventeenth i pass

over here he goes 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 physical location on a map and this is the shot he took on his way to our studio which was immediately up loaded on his web site as. john says his extraordinary abandonment of his own privacy stems from the ignorance of the authorities but in the here they decided well that guy looks a little different so he must and if he's arab then he must have explosives everyone knows that that's the logic we're operating we we realize how ridiculous not logic sounds but when your country in 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 how i got caught up in it for ha son piracy has become a rally of the past and he says he's not surprised that journalists or anyone else

really would use the same surveillance tactics as the state in that sense it might be of no surprise that the chief architect of the peter in act the lawyer who put it together happens to be one of murdoch's hands used for board directors you didn't 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 ask companies or when other industries leave on breaching people filing 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 bill and with corporation has been undertaking some unique on lawful practices because here in america they're not so unique i'm going to check our reporting from washington r.t.

. people have valid grills his crosstalk guests and the consequence is the first to have a scandal is having on both sides of the atlantic with the programs coming up. empty but here's a preview for you. or you know you care you would make. news corp of violator of the foreign corrupt practices act which is criminal and civil penalties. basically us corporations to bribe foreign officials of mark as bribing provisionals as 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 while the law and the f.c.c. should look at that and say that the twenty four stations he owns there cover forty percent of united states he should not be allowed license of a news corp's license it should be revoked i don't ask 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 is 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 the last war crime suspects go right hodgett waits extradition to the hague where he'll appear before the international criminal tribunal for. the great hopes his extradition will clear the way the country's entrance and you know what is artie's a certain ports serves no longer saw find safe haven within the eurozone. the last of the war crime suspects wanted by the un is heading for the hague it's seen by many as the last obstacle to serbia now gaining. some

a skeptical that. once again the government keeps. fulfilling new demands are coming from brussels with people are not feeling any benefits from it actually feeling that things are becoming worse as a result. support for e.u. is dropping so there is a growing gap between the forty the borders and the government stance and it will probably continue to be an official government poll just out shows support for a human service at its lowest ever fifty three percent in favor down from seventy percent eight years u.k. it's nice surprise the increase portugal italy and many more are now struggling for the people here no longer believe the. outset that. also.

many have relatives abroad. or. besides. all patients would not be successful. this is a disillusionment in serbia and the government apparent willingness to bend they get back with the easy to. get in return for years against nothing whatsoever i mean the serbian side has got many many more hoops to jump over before it can get anywhere close to a new membership so what could be next will be easily with another major sticking point is who to be studying failure to recognize great great cause of a belgrade found that will never. happen despite many member states pushing for exactly that president but it's. now.

the song remains the same as well. i mean it hasn't trains that has a chance is the body throughout the peasantry this is a project to be arrested for and had it for me it will have a major obstacle to its rights to even be there with its still a long way to serve if those it gets its policy details will be easy now he does. odd thing right well they're all around the clock but you can always find more stories on our website. and some of what we prepared for you today just a click away showing your support for politicians must be a messy business especially for a group of women that ideals and from the house can choose to watch dozens of russian made cars in the name over the love of prime minister. so large russia is pumping up its military might literally inflatable tonks and jets complete with robinson launches to food potential enemies.

socialists have started raising the son can present a ship from the bottom of the volga river in russia center a particle to the stone and went down in minutes almost two weeks ago drowning one hundred fourteen people the complex operation involves partially floating the vessel and pumping out water before telling it to thirteen its early efforts will find eight bodies still missing after the tragedy plan is weather dependent there are difficult and earlier work experienced technical problems. a mass grave of alleged to probe adelphi soldiers has been discovered in a rebel controlled area in libya according to a british newspaper the telegraph the location was swiftly bulldozed out of

discovery suggesting an attempt to cover up the killings the bodies were reportedly mutilated to recent concerns of rights he says. such crimes are being swept under the carpet support has caused in the region says. a spokesman for the just civilians for peace and libyan 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 conferences and the answer was what silence it wasn't covered 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 could it fit the narrative of

these rebels which nato and the nato countries are supporting lynching black people are conducting all the atrocities they accuse in the good off the side of conducting but actually the rebels are conducting these things so it doesn't fit the narrative. of a couple of other at top stories now from around the world for you computer hackers have reportedly cracked nato's internet security system and access to restricted data one themselves anonymous poster the tweet they need to strip to documents is believed to contain information on their lances operations in the balkans the beaches are sponsored and since the rest of twenty one people accused of cyber hacking you know in this movement is known to be sympathetic to wiki leaks and its founder julian assange has already attacked the websites of media companies and government agencies. dozens of people have protested in front of reckonings embassy in south korea announcing japan's claim writings and straightens that either.

dialogue community airlines and japanese lawmakers this. time two countries have been dispensing the software to. some of the east sea equal distance from japan and south korea. but next to the latest in finance and business canary. thanks very much carol let's take a look at what's happening in business and russia's economic growth is slowing despite high oil prices economics ministry says the country's g.d.p. increased around three and a half percent in the second quarter compared to more than four percent at the beginning of the year however the outlook for the second half as. in the first half of this year the ministry of finance ran a 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 there for you as the new harvest comes on to the market and in advance of the election fiscal policy is turning from being time to money surplus 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 better news from construction agriculture push second half growth thought strongly so i think that this is just the last. the last outcome of the central going to minister fine it's a tight first off policy. russia is dangling at tempting carrot in front of north korea enticing it to scrap its nuclear ambitions moscow to use as gas promise preparing a plan to starve gas deliveries if the country shuts its nuclear program the daily points out of north korea could need ten billion cubic meters of gas and he only

and that the two countries may build a new pipeline however analysts say gas brom has no spare capacities at the moment and such a deal could be concluded no sooner twenty sixteen. now let's take a look at the markets crude is climbing for a forest day as investors hope for growing demand an optimism europe and the u.s. will deal was their debt crises also the international energy agency says it won't expand it release of oil supplies. european stocks are trading strongly in a black supported by a great deal of new bailout should help cover the country's debt by as six leaders of the e.u. empowered their four hundred billion euro rescue fund by debt of stressed nations and that's intended to prevent the crisis from spreading to other members from a detailed provisions for limiting the damage its credit rating agencies declare at greek default. and here in moscow the markets are mixed as you can see the r.t.s.

is in the black while the my six is stuck between gays in the low losses some stocks are seeing profit taking as the trading week comes to an end. alice take a look at some individual movers on a my six energy majors are benefiting from the gains in oil price rosneft is adding more than one percent. as slipped into the red despite posting a seventeen percent increase in net profit for last year same story was no attempt at earlier at a seven percent on reports french to tal got a permission to buy twenty percent of no tax project to develop gas in siberia well in mining sector probably is gold is edging lower as improvements in sovereign debt problems have teamed investor appetite for gold related stocks. well russian companies are getting broader access to overseas markets the federal service for financial markets has decided to allow them to list up to one hundred percent of

their shares abroad well the previous limit was just twenty five percent designed to spur a local demand for stocks however officials admit the limits failed to help stead russian firms held placements using offshore vehicles when seeking to raise cash abroad and easing will not relate to strategic in a crisis. well that wraps up all the business news that we've done for you this hour and more stories memory can always check out our website r.t. dot com slash business i for now.

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