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 that germany quote liked they're at ease with the euro very much a political project driven by e.u. leaders the sorts of the euro two powerhouses germany and france in conflict is unlikely to comb investors who fear for the future of the single currency. while the 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 u.s. and finances ultimately a lot more money has been thrown at the greek economy in the hope that that can stop the 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 that's flowing the money

that's flowing out of the greek economy that 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 hollow 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. well as the world watches whether a second greece play out or finally turn the economic fortunes around and we're joined by francisco correspondent for the stanford daily live from beijing thank you for joining us here on r.t. now the e.u. has not committed this self to another multi billion dollar bailout for greece without any guarantee of success how can that be justified. well i mean maybe estie can past the correspondence before we just say to the markets today he believed in

it and you will it's a necessary major to to at least stop order more men it is just that it was that rambling europe now in the following days and weeks we will see if father major will follow and if other countries will be determined to. increase their hold on on on their economy would say i'm optimistic for the moment because for the first time in a long long time we have seen german and french leaders coming to get 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 reinvent its economy as you say it's a sticking plaster. well i'm not saying it i say it may be but now it is an issue. all european community s.

during basic not only its economy i would say but also it's all of it because that . floor and is crisis group date is that there is a lack of economic leadership is not enough. power vested in the central bank of europe there must be more power vested in a central government of some 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 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 you wanted the people to do to suffer for their bailout of software for and told all this asteroid their economy there is no more. ground i'm afraid they're in mass some sacrifices must be made i'm sure it is not wonderful situation for anybody and

not certainly for greeks all the italian people i meet tally in. the known action these words but i'm glad you mentioned it in italy there because well it's no secret there to sleep verging on the brink of its own possible disaster what will happen if it falls into the abyss where the free falls into. each other you will have social turmoil but are likely released we will may have. political consequences kountry could be split i said well no northern italy is very developed it's very it's economy it's very strong in southern italy where i come from it's economies really and we saw. foreign italia but i would say also for europe to prevent these. there from occurring and they italians and europeans as well and germans as well to make up for all of these lawsuits

which hold europe any talents are bound to incur but realistically speaking isn't this just a big political club that's trying desperately to save face at any cost. well there's not only save face i mean fortunately it's not face it's a funny face is where involved would be easy it is to lie and solve hundreds of millions of people in europe which is a bold and i would say hundreds of millions in whole over to work because if europe and europe fold up our then raw shot. will suffer the consequences and also many would say i'm going to stay on the brink of the even bigger financial collapse if. parties don't come to an agreement and if you're off hold or don't let is not. for a bank to perform well you mentioned america there and the people have said that italy

is too big an economy to fail but the same with sort of america's market before the crash of two thousand and eight isn't there a paradox areally well i mean i'm not saying that say any country is too big to fail we have seen in history in many countries that. we have failed one way or another sold we have to be very careful and the top under it must be. must be on top of her because many things can go wrong and in history many things that have gone wrong soul. anything can happen now clearly something does have to change and italy's case for example i would lean thing of the euro be a catalyst for that change. definitely and i would say even not leaving you all would be a catalyst for change because no way. you can go on like we are with you're wrong each of the must dramatically change its economy and i would say even

in its quality because it. is not tall enough to have to expand your recent increase taxes but a new policy is today that should her for all are necessary if these policies don't come along it would be in a mess well a mess indeed i mean some commentators say that italy's down four would spell well certainly some problems for china do you think that's really true i think it will spell problems for the whole of europe italy is the second largest in europe after germany but of course we know that your money is much bigger country but the don't fall who do. drag on on many and definitely it would be a massive problem or for china and. europe over all these largest trading

partner for for china and india ok with there for now francisco correspondent at the los stump a daily newspaper thank you for joining us here in o.t. thank you. well still to come on the program skeletons in nato's clothes it's one of the alliance turns a blind eye on the edge of human rights violations by antique adult female rebels expert opinion coming up soon. and the operation to bring the some concrete garrett to the surface of the boulder event on the stand since its final stage. news international chairman james murdoch has been accused of trying to mislead british and pays off the 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 as to legal practice went beyond just one rogue

journalist the son of the media mogul rupert murdoch however denies the accusation and that's the scandal continues to grow critics believe the issue is just the tip of the iceberg 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 public and political fury 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's 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 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 biggest surveille are all which is the state there's little americans can do with the state have. 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 detained 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 see all the toilets that i've used so you know that over here for example you know that on sunday november twenty fourth of two thousand and seven uses toilet i went grocery shopping at safeway over there on october seventeenth i got gas over here he posts 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 uploaded on his website hasan says his 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 operation 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 how i got caught up in it for haasan 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 patriot act the lawyer who put it together happens to be one of murdoch's hand-picked mused for board directors 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. since the mccarthy 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 add companies or when other industries leave breaching 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 art of the system rather than some special bill and 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. well they said today that people have well the grills his crosstalk guests and the

consequence is the phone hacking scandal is having on both sides of the atlantic and the program is coming up at thirty g.m.t. but here's a preview for you. or you know you care you would make more dog it is news corp of violator of the foreign corrupt practices act which has criminal and civil penalties. basically doesn't allow u.s. corporations to bribe foreign officials of monarch bribing foreign officials 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 he followed 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 a 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 in demick within any tabloid newspaper culture in virtually any country in the world. so last war crime suspects go right hodgett waits extradition to the hague where he'll appear before the international criminal tribunal for the former yugoslavia belgrade hopes his extradition will clear the way the country tensions. but as artie's surf earth reports serves no longer sure they'll find safe haven within the eurozone. the last of the war crimes suspects wanted by the un is heading for the hague it's seen by many as the last obstacle to serbia now gaining. some skeptical that. the goal placed once again the government keeps.

fulfilling new demands that are coming from brussels but people are not feeling any benefits from it they're actually feeling that things are becoming worse as a result. support for e.u. is dropping so there is a growing gap between the voting the borders and the government that's and it will probably continue to be an official doesn't the poll just out shows support for eighty membership among serbs at its lowest ever fifty three percent in favor but down from seventy to seventy eight. it's nice surprise that when portugal italy and many more are now struggling for the people hit no longer believe that he is going to be the outset that. polls show that about sixty percent of the serbs are opposed . many have relatives abroad and are getting the picture

or things are why. you saw it. in there all indications would not be successful. but even the most skillful broke again this is a disillusionment in serbia in the government's apparent willingness to bend a bit back with the easy to. get in return for years against nothing whatsoever i mean. he has got many many more hoops to jump over before he can get anywhere close to a new membership so what could be next on the easily with another major sticking point is thought to be serbia is failure to recognize breakaway cost of a belgrade vows that will never. happen despite many member states pushing for exactly that president but it. has now. the song remains the same. i mean it hasn't changed hasn't.

that hasn't changed since the project. the arrest of goran had it for me it will have a major obstacle in its rights to e.u. membership there with the only way to. get it is possibly dail the e.u. . so. the right well there are around the clock but you can always find more stories on our website. and some of what we've prepared for you today just a click away showing your support from politicians must be a messy business especially for a group of women in high heels and nothing else to watch dozens of russian made. in the name of the beloved prime minister. is pumping up its military might literally inflatable twinks and james complete with. being used to fool potential enemies.

specialists have started raising the sunken passenger ship from the bottom of the volga river in russia center republic of tatarstan went down in minutes almost two weeks ago drowning one hundred fourteen people the complex operation involved partially floating the vessel pumping out water before telling it to a floating dock and the efforts will find eight bodies still missing after the tragedy plan is weather dependent then difficult earlier work experience to technical problems. a mass grave of alleged progress duffy soldiers has been discovered in a rebel controlled area in libya according to british newspaper the telegraph that occasion was swiftly bhutto's dolphin discovery suggesting an attempt to cover up

the killings the bodies were reportedly mutilated to recent concerns of. such crimes are being swept under the carpet to support raters cause in the region says. a spokesman for the civilians for peace and 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 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

or 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 of . a couple of other top stories now from around the world for you. q. to hackers have reportedly cracked internet security system and access to restricted data according themselves anonymous post to the tweet to follow them to restrict it documents is believed to contain information on the operations in the balkans. reaches in response to the recent arrests of twenty one people accused of cyber hacking you know them smoove into is known to be sympathetic to wiki leaks and its founder julian assange has already attacked the websites of major companies and government agencies. dozens of people have protested in front of the japanese embassy in south korea announcing japan's claim that the iranians in the straits

have a darn good bye. bye no community lines in japanese lawmakers to visit the next time the two countries have been disputing the sovereignty of god and from them is. ok to east sea equal distance from japan and south korea. well next to the latest in finance and business but maria. 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 they cannot mix 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 is broader. 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 now falling as the new harvest comes on to the market and in advance of the election fiscal policy is now turning from being tight to running a 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 in the better 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 in ministry of finance is tight first off policy. russia is dangling a tempting carrot in front of north korea enticing it to scrap its nuclear ambitions as gas promise preparing a plan to starve gas deliveries if the country shuts its nuclear program the daily points out 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 gazprom has no spare capacities at the moment

and such a deal could be concluded no sooner than twenty six. now let's take a look at the markets crude is climbing for a fourth day as investors hope for growing demand and that optimism europe and the u.s. 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 the black supported by a great deal of new bailout should help cut 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 detailed provisions for limiting the damage its credit rating agencies declare as greek default. and here in moscow the markets are mixed as you can see there already asses in the black while the my six is stuck between gains and losses some stocks

are seeing profit taking as the trading week comes to an end. alice take a look at some individual movers on the my six energy majors are benefiting from the gains in oil price is adding more than one percent. has slipped into the red despite posting a seventeen percent increase in net profit for last year same story with it earlier at a seven percent on reports french to tal got permission to buy twenty percent of no tax project to develop gas in siberia well in my. mining sector probably is gold is edging lower as improvements in sovereign debt problems have tamed investor appetite for gold related stocks. while 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 while the previous limit was just twenty five percent designed to spur local demand for

stocks however officials admit the limits failed to help instead russian firms held placements using offshore vehicles when seeking to raise cash abroad and these ing will not relate to strategic enterprises. well that wraps up all the business news that we've got for you this hour for more stories memory can always check out our website r.t. dot com slash business bye for now. and

discover it's been. communicated with a while. test yourself and become free. see what nature can give you. hungry for the food. we've got it for. the biggest issues get a human voice face to face with the news makers.

though it's time for a look at the headlines out here. bailout fever in the e.u. continues as leaders thrash out a second multi billion dollar going for greece even as the itself against attacks on u.s. credit rating agencies. europe's economic woes more questioning whether the country should join it and those concerns haven't stopped soon to be fulfilling its own conditions towards membership. as news corp chiefs try to weather a major media storm critics say there's no surprise the scandal erupted in

a society with privacy has been severely devalued. when next we travel to russia's seven year old's region which boasts a magnificent and unspoiled. mountain ranges and hills roll across the landscape intricate crests rocks tower centuries old trainees. even the water wind and rocks constantly advise supremacies they exist in a unique common. deep holes in the high gun mines swift mountain streams and quiet springs flow from the ground. this is tiger night nature's peculiar creation on the border between the urals and siberia it is the site of one of the brushes out of the way national parks.

where national park warden valentin gregorio is on duty he uses a customized off road vehicle with large wheels to move around a forest causing the easiest way to the peaks of the ground tyga ny ridge you don't find roads or footpaths here. adventure enthusiastic so not put off by the hardships of the journey this group of tourists is from the city of chelyabinsk an industrial center in the urals the holiest rock climbing today that destination is the top of a cliff called a quick noisy crest waiting across this mountain stream is a dangerous task even on a quiet warm day it's flow is still too fast. during the day to gooden takes food and fuel to the parks outposts and checks tourist trails and come sites. as. i'm valentine grigori of ranger the national weather service from sure that it didn't register yet yes did you get in.