it's not on. the. market why not. find out what's really happening to the global economy in the large. bailout fever in the e.u. continues as leaders thrash out a second thousand billion dollar lifeline for greece even as the clock calls itself against the times on u.s. credit rating agency. in light of years economic woes more subs straining whether their country should join the e.u. but those concerns have been stalled getting its final edition towards immune membership. as news corp achieves to try to weather a major media storm critics say that as most of the scandal erupted at a time when people's privacy is being severely devalued.

very welcome to you this is live from moscow now forced into action by the teetering economies of italy and spain. and private investors have agreed on a second bailout worth around a hundred and fifty nine billion euros to prop up greece's own ravening economy in an unprecedented show solidarity to save the ailing euro the heads of states also agreed on a plethora of new rules including wants to protect union from u.s. credit rating agencies the reports now from brussels. greece needs a second bailout and leads what's being called the euro zone's first ever default the deal involves athens pouring more cash yet more money it has to pay back the agreement also requires private investors to swallow some losses something be

likely to resist e.u. leaders also call on them to punt new funds into the country it's unclear how willing will be for that 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 will tackle the real problem divorced bit of southern euro zone states greeks 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 blocked his last thirty proposals italy post 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 think in 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 that germany quote like solidarity with the euro very much a political project driven by e.u. leaders the site of the euro two powerhouses germany and france in conflict is unlikely to calm investors who fear for the future of the single currency. measures negotiated made it clear that block is committed to saving at home costs and economic damage patrick young. here. floors of the euro zone finance it. ultimately a lot more money has been sought at the greek economy in the hope that it 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 staunch the blood but flowing the money

that's flowing out of the greek economy can has been kicked down the road the interest 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 holy words and holy 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 what is where the rest greece bailed out will finally turn the economic fortunes around there's growing concern that much more may have been down to stabilize the situation that's according to italian it. was a necessary measure it is to at least stop or to more men it is us it was a rambling europe now in the following days and weeks we will see if other major it will follow up the floor and he said crisis group is dead there is

a lack of economic leadership that is not on. the ground here i'm afraid there must. be prices must be made and we must be on top of alert because many things can go wrong and in the history many things that have gone drop is not tall enough to catch expenditure increase taxes but new policies they shouldn't her roth i necessarily mean these policies don't come along and we'll be in and mess. still to come on the program skeletons and nato's clothes it was lights turns a blind eye on the alleged human rights violations might not be rebels it's opinion coming up. and you're trying to bring the suncream crucible gary into the service of the boulder of a top of star and as its final stage. news international

chairman james murdoch has been accused of trying to mislead british and pieces after saying he was on aware of the true extent of phone hacking by reporters his testimony was challenged by to film a executives who say murdoch was informed three years ago that the illegal practice went beyond just one a rogue journalist the son of the media mogul rupert murdoch however denies the accusation amid fresh calls to make his testimony the focus of a police investigation and as the scandal continues to grow critics believe it's you is just the tip of the iceberg in a society that any longer the news the privacy of the people. 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 all those terms and conditions are very very heavily weighted against you in 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 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 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 seal the toilet i've used so you know that over here for example you know that on sunday november twenty fourth two thousand and seven i've used this toilet i went grocery shopping at safeway or there were seventy that i pass 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 out loaded on his web site has. this is extraordinary abandonment of his own privacy stems from the ignorance of the authorities but in the fear they decided well i looks a little different so he must be arab 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

that logic sounds but when your country or 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 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 hands 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 get personal information and companies

or when other industries leave bob breaching people privacy in the u.s. it's so widespread and people a button 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 in a new development rupert murdoch has sold his part of russia's biggest outdoor advertising company that news out to details are not in our business in about ten minutes time they say the aussies people of el grills cost the best save the consequences the phone examples having on both sides wealthy at oncet with food program coming up next hour but here's a taste. where you know you care you would make murdoch and his news corp of violator of the foreign corrupt practices act which is criminal and civil penalties

and basically doesn't allow u.s. corporations to bribe foreign officials and if mark is grabbing foreign officials as he's really a case they're talking about a hundred hundred thousand dollars or hundreds of thousand dollars worth of bribes to the london police. if that happened while the law be absolutely sure to go and say that the twenty four stations he owns there cover forty percent of those states he should not be allowed license of a news corp's license that should be revoked i don't ask kevin to define what he means by brought up a little more carefully because that sounds slightly as though he's overstating 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 tipoffs and i think that is absolutely demick within any tabloid newspaper culture if it actually any country in the world.

serbia's last go. to the hague where he will appear before the international criminal tribunal for performing belgrade hopes his extradition will clear the way for the country's entrance into the. gulf find within the club. they lost the war crime suspects wanted by the un is heading to the hague it's seen by many as the last obstacle to serbia now gaining the membership that some brussels. placed once again the government keeps. its 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 voting voters and the government that stands and we will

probably continue to an official government poll just out shows poof eighty membership among serbs at its lowest ever fifty three percent in favor it down from seventy percent eight years ago it's nice supplies the increase portugal italy and many more ecologies announced struggling for the people here no longer believe that the e.u. is going to be the answer to their problems all show. many have relatives abroad and. besides. they are all patients will not be successful. this is a disillusionment in serbia if the governments 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 you can get anywhere close to a u. membership so what could be next on the ease list well enough a major sticking point is thought to be serbia's failure to recognize breakaway cost of a belgrade will never happen. despite many member states pushing for exactly that president but it insists that serbia is moral and legal obligations have now been. the song that has remained the same as led zeppelin says it. really hasn't trains and hasn't jane says the why this road that hasn't changed since the project the us the arrested for and had it certainly months for me will have a major obstacle to serbia and its raids to even be there with its teams still a long way to go so be it those it's kept is part of the deal with the e.u. now he does serve god oh great. now on or around the clock you can always

find more stories on our website dot com here's some of what we. are showing in the pool limitations in moscow you have a messy business especially for a group of women in high heels for little girls. dozens of russian made calls all in the name of the prime minister. and russia is pumping up its military might and literally inflatable tanks and jets can people rock with. are being used to fool potential enemies. if. i gave.

it to. the trucks. wealthy british. market finance come to find out what's really happening to the global economy with mine stronger or a no holds barred look at the global financial headlines tune in to kaiser report on our feet. download the official. joe i phone oh i pod touch from the shops to. lunch i'll see life on the go.

see video on demand oxys minefield comes an r.s.s. feeds are now in the palm of your hands. pushing on the call. the emission free credit stations free zones for chargers free. arrangements free risk free studios child free. the old free blog template video for your media projects and free media to r.t. dot com. rescue teams are raising the sunken passenger ship all garia for the bottom of the volga river and russia's central republic of the sun the cruises the malls and control room had already seen about this and it went down in minutes almost two weeks ago drowning one hundred fourteen

people a complex operation involves partially refloating the vessel and pumping out water before towing it to a floating dock it's o.b.f. its will find a deposit is still missing after the tragedy with a plan is weather dependent and difficult and earlier were experienced technical problems. and they've achieved libya now at a massive grave of alleged pro games after the soldiers has been discovered in a rebel controlled area of the country according to a british newspaper the telegraph the location was swiftly people those are the discovery suggesting an attempt to cover up the killings but bodies were reportedly mutilated and lingers in recent months of cases from the rebels such crimes are being swept under the carpet his schoolmates his cause in the region also says you can chung's out my space benefit and british civilians for peace in libya movements

. 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 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 could it fit the narrative of these rebels which nato and the nato countries are supporting a 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 at all i think it's time now to some other stories around the world. called macy's internet security system and assess risk.

the group are calling themselves anonymous space in a tweet with a filed late they say restricted documents believed to contain information on the alliance operations of republicans it's all in response to the recent arrests. decide backing the anonymous movement is named if you can get it to wiki leaks and its counter g.-d. the songs and has already attacked the web sites of major companies and government agencies. forty one people have perished and a bus fired the said the chinese a province of had nine six passengers including the driver being treated to serious injuries the vehicle carrying flammable materials burst into flames traveling on a local highway reports claim the boss was seriously overloaded carrying forty seven passengers incident follows the death of twenty three people killed after a speeding truck rammed into

a tourist bus in central china's bay province last month. dozens of people have been part of the japanese embassy is south korea denouncing japan's claim on the doctor said demonstrators have been angered by taking his recent panel korean airlines and japanese lawmakers plans to visit the island in two weeks time the problems that exist in the sufferance you know it's been many years the region is the gauge of it you see an equal distance from japan and south korea. the way grepping the u.s. has reached the east of the country emergency officials in new york philadelphia boston and all the cities along the coast are taking precautionary measures to bridges in the affected areas have been holding out a ball of thirty seven degrees celsius we call conditions of already resulted in these twenty to get across the country. cannot inhospitable weather in the states

to be inviting major this side of the atlantic at one thirty pm to bring you a special report for one of the most picturesque of mountain areas to ghana national park in russia is your. discoveries be. communicated with a while. test yourself and become free. pass where the news is our hero or not to your bases business all the way around with maria. thanks very much alice well rupert murdoch's news corp has sold at sound

a nine percent stake in a russian outdoor advertiser doors sells advertising on billboards public transport and other services in ninety russian cities well the investor and management buyout deal is said to be worth three hundred fifty million dollars experts say the real value is nearer two hundred seventy two million dollars due to company debt while news corp has had its stake out for sale for five years after the company decided to pull out of the russian market and the owner say they plan an i.p.o. to recoup their investment. now russia's economic growth is slowing despite high oil prices the economics ministry says the country's g.d.p. increased around three and a half percent of the second quarter compared to more than four percent and at the beginning of the year however of the outlook for the second half is brighter. in the first half of this year the ministry of finance wrote

a tight fiscal policy and the central bank started typing monetary policy in order to get information back under control and they've done it inflation peaked at nine point four percent in may and it's been fooling with the harvest comes on to the market and in advance the election fiscal policy is no turning from being time to running so close to being expansionary and running a deficit so i think that you'll see this fiscal stimulus on the back of the typing labor market and 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 and it is true finances tight first off policy. rushes dangling attempting carrot and front of north korea enticing it to scrap its nuclear ambitions moscow news says gas braun is preparing a plan to start gas deliveries if the country shuts its nuclear program the daily points out north korea could need ten billion cubic meters of gas annually and that

the two countries may build a new pipeline however analysts say gas from has no spare capacity at the moment and such a deal could be concluded no sooner than twenty sixteen. now let's take a look at how the markets are doing crude is climbing for a fourth day as investors hope for growing demand amid optimism europe and the u.s. will deal with their debt crises also the international energy agency says it won't expand a release of oil supplies. european stocks are trading strongly anahuac supported by the greek deal the new bailout should help cut the country's debt by six leaders of the e.u. the power of the or four hundred billion euro rescue funds to buy debt of stressed euro nations and that's intended to prevent the crisis from spreading to other members also made detailed provisions for limiting damage credit rating agencies to play. a greek default. and here in moscow the markets are

a mix as you can see the r.t.s. is in the black while the my six is stuck between aims and losses some stocks are profiting as a trading week comes to an end. else take a look at some individual movers on the my six and as you may viewers are benefiting from gains in oil price rosneft is it in more than one percent noris nickel has slipped into the red despite posting a seventeen percent increase in net profit for last year the same story was no attached to the earlier added seven percent on reports french to tall got a mission to buy twenty percent project to develop gas in siberia and mining sector poll his goal is and lower as improvements in so over in their problems have tainted investor appetite for related stocks. equities in russia have been a largely affected by the turmoil in the e.u. and the u.s. but draw a national bird in capital says it's time investors look to stocks reflecting local

trends. what's been driving 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 long term and that's how investors should think is what's actually happening in russia and you know reforms in the financial sector the growth of russia in the funds pension funds some of the reforms that have taken place in the utility sector you know these prove provide an underpinning to russian stocks that will last longer than you know the latest headline that comes out of bloomberg so i'm looking for stocks like the bank like the utility sector like some of the consumer names right now. put into that sums of cash agree as well you know stocks that reflects what is positive about rush limbaugh's changing in russia there's going to be volatility in all of those names depending on what's happening elsewhere but over the longer you know i think you should invest into the russian story in order to what may or may not happen in the senate in the u.s. or between euro zone governments in brussels. russian companies are getting broader

access to overseas markets the federal service for a financial markets has decided to allow them to list up to one hundred percent of their shares have brought the previous limit was just twenty five percent designed to spur local demand for stocks however officials have been the limit failed to help instead russian firms held placements using offshore vehicles when seeking to raise cash abroad easing will not relate to strategic enterprises that. opted for me for now and join me next hour for more updates i can also check out our website com slash business.

emission free cretaceous free transport charges free from a tremendous free risk free. tuition free. free lunch just some of it below for your media projects for free medio gondar t. dot com.