fever in the news is being it is drowns out the seconds well the billion dollar line line for green seed and all is itself against its time spike u.s. credit rating agency still. in the lives of europe's economic woes appears fulfilling its final conditions towards a new membership with a formal croatians view the heading to the criminal tribunals named. as you corp she's tried to weather a major media storm critics say there's no surprise the scoundrel around that time and people's privacy is being severely devalued. and rupert murdoch's news

corporation has saw it's taken a russian outdoor advertisers to join us for more in the business of data less than thirty minutes time here on r t. very warm welcome to you this is on c line from moscow now forced into action by the teetering can all me is to me in spain evening it isn't private investors have agreed on a second bailout was around one hundred fifty nine billion euros to prop up recent rotten economy well this is a major us credit agency downgrades the greek debt default status in our own president's solidarity to save the ailing gear a the heads of states also agreed on a plethora of new laws laws down a bushel joins us live from brussels for more on this jungle so what's the reaction

to the bailout deal being so far. well we all remember the words over your leaders who promised that greece would need a second bailout now we're hearing that president sarkozy of france says that never again will another country need it so we get the impression of broken promises fitch which is a major credit rating agency has downgraded greece is that level now there was supposed to have been a deal struck between leaders formally or informally that the credit rating agencies would give greece some time to breathe and to to recover from this news but this bombshell pretty much has blown that out of the water that has been one of the deals done by the e.u. leaders was to create a new european credit rating agency that of course on suspicions that the three global agencies which are all american fitch and moody's all robe oya against europe are really hostile to europe so we wait to see what will happen there on the

markets reaction has been positive investors have seen their shares rally all. however historically also to such deals we do see around the week over improvements before falling back again now we've had reaction from e.u. leaders today. of course has been criticized for really coming out and saying she wouldn't help greece and doing everything really to save face at home of course facing election battle where she's been criticized the germans will have to bail out greeks even seem to put pressure put further pressure on countries like greece by saying they have too much holiday time which really didn't go down very well in athens now she's come out and says it's historical duty to save greece she added that it was a significant step to help your support of the euro and the euro is good for us the euro is part of germany's economic success and europe without the euro is

unthinkable really talking up this deal. but as we've seen really there's not so much a similar reaction from objective sources if you like and daniel all european leaders confident that this will bring an end to the logs debt crisis absolutely not private investors are expected to play a key role in this bailout they're expected to spend to the tune of fifty billion euro as part of helping greece now project investors never liked having to lose their own cash just personally when they've been this part of this deal to film new phones for greece so we wait to see how private investors will react to this package. a warning. that really doesn't doesn't feel the essential problem which is the vols bit of euro zone around the mediterranean greeks of the scene of the rioting on the streets really refusing to

accept the really tough cuts that have been imposed on them by the european union political cronies as we know resigned to his will thirty proposals were turned down and italy which last week if. you will for two proposals is seeing drifts over a national strike to paralyze the country and of course it's an easy call it is much bigger than greece is it on your money. reporting for us from brussels. well the sweeping measures negates a she's made it clear that block is committed to saving the. economic down this patrick says it's only a temporary patching a flow finances. ultimately a lot more money has been through a 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 staunch the globe but slowing the money that's flowing out of the greek economy can has been kicked down the road again 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 all of the words on hold the words do not inspire confidence in markets and the art has got to be some degree of a problem for the euro in the longer term. as the what is whether a second greece bailout will finally turned in common fortunes around there's growing concern that not small may have to be down to stabilize the situation was according to italian sailors francesco. who was a necessary major. to at least stop or to more mend it is such that it was that rambling europe now in the following gazing weeks we will see if are the negatives

will follow up the floor and this is a crisis he is dead. but economic leadership there is nor. needed brown yeah i'm afraid there must be some sense of being pfizer's must be made we must be on top of her because many things can go wrong and in history many things that have gone drop is not tall enough to catch expenditure increase taxes but a new policy is better shoots her roth ira necessary if these policies don't come along it will be in and mess. well still to come on the program skeletons in aids has claws it why the alliance tons of lines and edge speil ations my answer exactly rebels expert opinion coming up in. the operation

to bring the sunken the cruise ship bulgaria to the service of the colgrove in search of sound and says its final stage. news international and james murdoch has been accused of trying to mislead british m.p.'s after saying he was also aware of the true extent of phone hacking by reporters his testimony was challenged fighting former executives who say murdoch was informed three years ago that the illegal practice went beyond just won a rogue journalist some of the media mogul rupert murdoch however adds another lie is the accusation then made fresh schools to make his testimony the focus of a police investigation and as the scandal continues to grow critics believe the issue is just the tip of the iceberg and it's likely the no longer filing is 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 bad 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 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 to say 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 taint 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 or listen i've used so you know that over here for example you know that on sunday november twenty fourth of two thousand and seven i use a struggle i went grocery shopping at safeway over there were seventeen i got castle 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 his ickle location on a map and this is the shot he took on his way to our studio which was immediately out loaded on his website. says he's extraordinary at bandon mend 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 logic we're operating we we realize how ridiculous that logic sounds but when your country and 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 ha son privacy has become a rally of the past and he says he's not surprised a journalist 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 way or 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 on breaking people 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 bill and with corporation has been undertaking some unique all lawful practices because here in america they're not so unique i'm going to check our reporting from washington r.t. . well in a new development rupert murdoch consoled his cost of rushes out. the news out to all details on bass and instance in about ten minutes time also the bell grilles has crossed over the consequences of the phone hacking scandal and now it's having on both sides of the aisle and the full program coming up in twenty minutes and here's a taste. where you know you care you would make more dog 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 or if monarch is bribing foreign officials as he's really 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 and the f.c.c. should look at that i would say that the twenty four stations yawns they cover forty percent of united states he should not be allowed license of the news corp's as it 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 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 tipoffs and i think that is absolutely in demick with any tabloid newspaper culture in

virtually any country in the world. well the former relations have gotten harder just being transferred to the hague where he'll appear before the international war crimes tribunals there will be you try standing in the early ninety's you to solve conflicts including the last car vote for two hundred civilians taken from a hospital in the city of karbala ahead of the exhibition on friday called him out to visit ailing mother belgrade now who cleared the way for the country's entry into the disaster first reports on the sure find safe haven within the block. 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 the membership some skeptical that. tastes once again the government treats.

its fulfilling new demands are coming from brussels where people are not feeling any benefits from it there are actually feeling that things are becoming worse as a result of support for you is dropping so there is a growing gap between the floor of the borders or the government that stands and it will probably continue to an official government poll just out shows support for eighty membership among serbs at its lowest ever it's nice surprise that when portugal italy and many more econ treason are struggling the people here no longer believe that the e.u. is going to be the answer to all their problems all share. many have relatives abroad and. besides. all. this would not be successful.

even though. this is a disillusionment in serbia egg the government's apparent willingness to bend over backwards to eat in mons 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 cause of a belgrade vows that 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 bills the song remains the same is led zeppelin's. i mean it hasn't trains that hasn't. this is the largest roast it has interests of kludges the rest the rest of goran had it certainly most certainly evil is a major obstacle as it relates to event a shit. it's the only way to go so be it those it is possibly deal

with the e.u. does so. belgrade. where on our around the clock you can always find more stories on our website. has some of what we've prepared in there i was showing you a little politicians and moscow can be a messy business especially for women in high heels and this allows you to watch dolls and russian made cars all in the name of their prime minister. in russia is pumping up its military minds to me inflatable tanks jets complete with rubber message boards is all being used to fool potential enemies.

rescue teams are raising the sunken air passenger ship will bury from the bottom of the volga river in russia central public. cruises nost in control we're going to ready the scene of the surface it went down in minutes almost two weeks ago drowning one hundred fourteen people the complex operation involves partially refocusing the vessel and pumping out water before telling it to a floating dock it's the athletes will find eight supporting still missing after the tragedy part is weather dependent difficult and earlier work experience technical problems. with a mass grave over alleged probe without the soldiers has been discovered in a rebel controlled area in libya according to british newspaper the telegraph the location with swiftly the scantling suggesting an attempt to cover up the killings . later without even seen recent consumer rights rattles sometimes being swept under the covers nato cause of the region was those those

concerned respects the british civilians for peace in libya minutes. i think really fundamentally there's been a problem the way nato the nato nations and the media have related to this 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 nineteen 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 a lynching black people who 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. ok now some of the top stories from around the world sour and. purportedly crocked nato's internet security system and that sesame street today so the group calling themselves are anonymous posted a tweet are labeled nato restricted the document is believed to contain information on the allies his operations in the balkans it's still a free agent in response to the recent arrests of twenty looky lous of cyber hacking. people just need to be sympathetic to wiki leaks and its founder julian assange and has already it's have the web sides of major companies and government agencies. forty one people have perished in the central chinese province of six passengers including the driver are being treated to serious injuries the vehicle carrying flammable materials burst into flames while traveling on a local highway reports claim the box was seriously overlay just carrying forty seven

passengers the accident follows the death of twenty three people killed after speeding shot rammed into a tourist pass in central china's new paper last month. thousands of people have protested in front of the japanese embassy in south korea denouncing japan's claim of the dr islands demonstrators have been angered by taking his recent panel korean allies and japanese lawmakers plans to visit the island in two weeks time the two countries have been disputing the sovereignty of the islands for many gays the regions located in the e.c. many people distance from japan and south korea. the heat wave gripping the us has reached the east of the country a merge and see officials in new york philadelphia boston all the cities along the coast are taking precautionary measures as temperatures in the affected areas have been the holding up above thirty seven degrees celsius the week on conditions of

already resulting in at least twenty. today across the country. coming up next hour the moscow team takes you to russia's so-called city of brides proving the country's culture a lot to talk with reporters of the capital. of bolivar the city of brides roughly three hundred one with his from moscow this year it's celebrating its one hundred forty year the birth rate and with that says a whole range of exciting cultural events from phil possibles to exhibitions it's not all happening in the sky. you know that is the seas of the wave now with many. thanks very much al as well rupert murdoch's news corp has sold seventy nine

percent stake in russia's biggest outdoor advertiser dora sells advertising on billboards public transport and other services ninety russian cities the investor and management buyout deal is said to be worth three hundred fifteen million u.s. dollars experts say the real value is near a two hundred seventy million dollars due to company debt use corp has had at stake out for sale for five years after the company decided to pull out of the russian market but you say they plan an i.p.o. to recoup their investment. 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 in the beginning of the year however of the outlook for the second half is broader. in the first offer 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 don't have inflation peaked at nine point four percent in may and it's there for all the news that you harvest comes on to the market and in advance of the election fiscal policy is no 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 typing 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 the ministry of finance is tight first off. russia's dangling a tamping carrot in front of north korean ties he had to scrap its nuclear ambitions moscow news says gas promised repairing a plan to start gas deliveries of the country shuts its nuclear program the daily points out of north korea would need ten billion cubic meters of gas annually and

that the two countries may build a new pipeline however analysts say gazprom is no spare capacity is at the moment and such a deal could be concluded no sooner than twenty sixty. dollars take a look at the markets crude as climbing for a fourth day in a row 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 stand a release of oil supplies. european stocks are trading strongly and the black supported by the greek deal the new bailout should help the country's debt by as six years of the e.u. in power of the year of four hundred billion euro rescue fund to buy debt of stressed euro nations and that's intended to prevent the crisis from spreading over to other members he also made detailed provisions for a limiting the damaged. credit rating agencies declare a greek default. well here in moscow the markets are mixed the r.t.s.

is in the black while the my six is stuck between gains and losses some stocks are seeing profit taking as a trading week comes to an end. i'll take a look at some individual members of the buy six energy majors are benefiting from gains in oil drys rosneft is adding more than one percent norilsk nickel has slipped into the red despite posting a seventeen percent increase in net profit for last year while the same story was no attack earlier added seven percent on records french to tal got a permission to buy twenty percent no attempts project to build gas in siberia and in mining sector of gold is edging lower as approved in sovereign debt problems have tamed investor appetite for gold related stocks. would his in russia have been largely affected by the turmoil in the e.u. and the u.s. withdrawal nash capital says it's time investors look to stops reflecting local

trans. what's been driving russia's 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 russians talks over the longer 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 russian funds pension fund this 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 with the latest headline that comes out of bloomberg so i'm looking for stocks like bank like the utility sector like some of the consumer names right now. put into that into that category as well you know stocks that reflects what is positive about russia and what's changing in russia there's going to be volatility in all of those names becoming what's happening elsewhere but over the longer you know i think you should invest into the russian story not into what may or may not happen in the senate in the u.s. or between yours our governments in brussels. 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 the previous when it 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 they easing will not for a light to strategic and crisis. all the time for me for today my colleague which madame co will be here with you next hour was more on dates but you can always check out what's happening online r.t. dot com slash business by for now.

culture is that so much of the spirit of the neighborhoods is never really. gave me the empire as the phone hacking scandal in the u.k. and golf more victims and politicians look for cover all eyes are on the future of . india all season made of the being the new gold.