in the movie going to join me that shows the i love you that's a great way to turn the branding period during the george west coast coromandel you can a with a child closure which says don't need to go clear read this in the kennel was her job as a school or treat. show of indignation spaniards united anger over the our government's failure to deal with data mass unemployment espouse and rally on the streets of madrid. the mastermind behind the worst peacetime massacre in norway's history is to appear in court to explain why he carried out a twin terror attack that claimed over a nine he lives. plus germany makes a one eighty turn in a stanza nato's intervention in libya and approves eight hundred million euro loaned to the rebels.

and am in the russian capital you're watching r t a marina joshie welcome to the program thousands of protesters are packing out central madrid angry of the economic woes engulfing spain demonstrators from all across the country have been marching for weeks to demand quick action to deal with the country's debt a mass unemployment are designed to go she was in madrid to hear what the protesters now known as the indignance have to say. the cash in spain is going mainly down the drain at least that's the opinion of thousands of people who rallied across the country you know like you were going to pose in the footsteps of letting the country's. mexican government its control over the weekend then. they don't care about the people. so the people decided it's time to voice their concerns loud and clear before the new. more than just the shirt off their back

pain is one of the highest unemployment rates in the eurozone so while the european leaders have been occasionally meeting and comfortable quarters to talk about the future of the euro and the european union itself people in the country have been demonstrating on an almost weekly basis demanding the government shape up stop talking and do something about the situation this is not just about higher wages and better pension plans with more than forty percent of young people in spain unemployed simply getting a job is good for those gathered in the trades central square the big part of the responsibilities from the government. because the program first of all we are not really a pick on these fields at the beginning of the crisis to fight against the crisis it reacts very late. and on the other hand once the government what we do the government the smoke do their job properly because that would in the

node obama people to wake up otherwise we'll just become slaves to the system who want to be treated as humans and they believe they can make a difference. the government has to change things because they don't have a choice. with greece in shambles and neighboring portugal trashed by the rating agencies spain is facing not just a financial but a deepening social crisis members of the so-called indignant marches say they want their dignity preserved but whether their calls will be heard is a whole another issue even those core tea woodridge. greece's attempts to solve its financial crisis also saw thousands take to the streets some turning to violence and financial analyst max kaiser agrees with the task force and feel the latest one hundred nine billion euro bailout will only plunge the eurozone deeper into trouble

. it increases the amount of debt and increases the amount of debt in the eurozone it is priest of the amount of debt and grace so this is a plan cooked up by bankers to repackage research. that's what they do and it crowds out the real economy so they think that this is going to help the economy grow their way to a position of paying off this debt or paying interest on the debt that's likely to happen because by giving bankers more dead to control the productive part of the economy you are eliminating that part of the economy's ability to pay off this debt so the banking cancer is just becoming worse in the eurozone and worse in greece reeling out the banks but not bailing out the workers or the people who are in the ground so to speak that railing out european banks they're bailing out wall street banks they're bailing out other banks and so doing they're increasing the debt load so it's making the situation much worse and they're crowding out any ability for

the workers in greece to generate enough income to pay off this debt this is consigning the population to debt servitude. that's keyser there now and the in the u.s. the republicans and the data grants failed to strike a deal to resolve the nation's debt ceiling crisis over the weekend comes as secretary of state hillary clinton is in hong kong grabbing out a series of asian economic and political talks well for more on what's going on i'm joined live by investing author jim rogers who is in singapore jim good to have you here in the program now clinton's visit to asia comes as the u.s. is struggling to deal with its own national debt so we're going out of issues will be dominating the talks during this visit. well you know mrs clinton's is a bit of a bottom america's the largest debtor nation in the history of the world and she's going to speak to the to the creditor she's going to try to demand things from them with the chinese now no they don't have to pay too much attention to america she's

going to as the them to continue to to finance america and then china is going to say you america have to do something about your debt situation because we don't like what's going on so she will be on the defensive and rightly so so as a likely scenario for developments in the united states i mean as now the republicans and democrats in the u.s. have until next week to strike a deal out of us will be any bill to pay its bills so is the defining a real possibility in that situation and i mean i know you're as a reporter i have to report on all that stuff but i don't pay too much attention to it is political noise and political gamesmanship america will do something they'll be some kind of deal they will continue to stay in business america is not going out of business next week and i assure you there. may be a day or two but no it's going forward america's someday will default because no question merino america's the largest debtor nation in the world there's no way america can ever pay off its debt it will either inflate the money away or it will

change the rules it will do something to default if by another name but what is a likely solution in the situation in european i mean they will have they they they must have must come to something in the end i mean there's got to be a way out. they will come to a populous at least on in the end in sight of both sides and one the only way out marina is to take an x. no you have to take in chain so just bending in america and cut it very dramatically it is staggering how much money is spinning america's spending money it does not have and they're not going to be able to borrow it much much longer because the creditors china russia other people are starting to say we're not going to lend you any more money shapeup well speaking of spending why do you think the united states failed to cut it for decades choosing instead to accumulate debt. it's always easier as a politician to go and say i will give you anything you won't let me write you

a check that's how you get elected that's how you get votes and as long as there is money there as long as you can do that as long as you can either earn the money or borrow the money or print the money you can get away with it or now we're coming to the end of the lot it's like if your brother in law came to you every month marina and borrow money then surely you would say to him go away i'm not going to let you any money well that's the time it's coming to an american only now as it is not the only country that's in a tough economic situation but let's travel across the pond now over to europe so in your opinion was it the right move to go ahead with a second bailout for greece no no no it's absolutely outrageous what they did they're just trying to push the problem down until after the next election all politicians hope that by the next or after the next election everything will be better but it's not they're just making the situation worse marina what they need to do is to go in and make the banks and the creditors take big losses they made

their loans to to greece they didn't you and i didn't make the loans to greece the greek citizens german citizens certainly did not make loans to agree to the greeks that the judge did and so they need to go in there and make the banks and the creditors take the big losses that greece reorganize and start over just letting greece build a bigger and bigger debts it's not going to make things better it's going to make them worse also look at the public discontent and that's growing and europe i mean it's not just greece and we still protests earlier and in spain as well as our correspondent reporting so is this likely to spread to other neighboring nations perhaps who are struggling financially as well. of course it is i mean if you were a good honest citizen or finished citizen and suddenly your politicians came to you and said ok hines now you have to pay off these debts of these people sitting down in greece drinking booze all these people in in spain drinking sherry you would be furious i would be fear is theirs and it's bad economics and it's very bad morality

not that politicians care about morality. but can are we likely to see the light at the end of the tunnel i don't know where you're going to see the light is for everybody to accept reality mistakes were made reorganize and start over the marina in japan twenty years ago they decided that they would not let people fail what the japanese now talk about true last decades europe's going to have at least the last decade and two or three last decades if they continue to try to deny reality you cannot get away with the fact that baker the greece is bankrupt and so are some other people don't want to hear short term for nonsense what's going to happen like in you know sort of here in the not so distant future well people are going to say we're going to have a sigh of relief in europe and say well greece is ok everything is fine and they're going to do the same thing in the other places they're going to try to push the problem down the road down the road but when it comes up again things are going to

be much much much worse likewise in the u.s. they're pushing that problem down the road but eventually all of this is not going to be you cannot avoid it any longer and the markets are going to say let's accept reality and you're going to have a crisis or a simic crisis. all right jim thanks very much for sharing your thoughts as always much appreciated jim rogers author of financial commentator and co-founder of the confines talking to us from singapore. two other stories now here on r t the man charged with carrying out friday's twenty tap in norway is due to make his first appearance in court to explain his actions thirty two year old. has admitted responsibility for a bomb attack in the capital and a massacre at a youth camp however he is denied any criminal guilt for the terror the claimed at least ninety three lives. exactly wanted to start a revolution to defeat

a liberal immigration policies and the spread of islam a bomb in oslo targeted buildings connected to norway's governing labor party and the youth camp on the toyland was also run by under a regional are he faces up to twenty one years in jail for the atrocities and self described as gruesome by necessary investigative journalist tony gasland told r.t. the case highlights and new brand of terrorism. anders breivik thought he was some kind of teutonic knights from medieval times because he's echoing the kind of crusader attitude that it's a very strange version of christianity that he. is he says he's a christian i don't think he is he says maybe the same kind of strange version of christianity that bush and blair have been coming up with over the last ten years or so so i think that this is actually the tip of an iceberg is actually quite a lot of this neo nazi activity out there and now i think the antiterrorist or

thought is right across the world we're going to have to take this threat of terrorism much more seriously and particularly worrying is that he was a freemason and as brave as declare that he was a freemason and i would imagine that the norwegian police are now going to be talking to other all the other members of any masonic lodges that he was in because this seems to be the place where this kind of christian rather nasty racist ideology was cooked up i would also add that it was interesting the police said they never come across into for the norwegian police but i wonder very much i wonder if the sikh. service in norway has been watching him because it was very strange that when he was first arrested on friday the police actually called out his nine to him now it was very i would be a mind if they would have actually known as i first approached him what he was i would have thought that from the arrest point that's where the investigation would have started from. oh margaret wagner a.c.m. partners in chicago says the attack is likely to force their wages to reconsider

immigration policies. really highlight the immigrant i don't want to call it a problem i want to call it you know immigration reality huge influx of immigrants coming into norway and here are we you know most of the most of the norwegians oh do you know that i'll host twenty percent immigrant who are arriving they know lot more now i think you're going to be you know people saying well gosh this guy was created but we have another pretty serious problem to the prime minister in the leader of her generally did great job you know comforting the nation those twenty four hours were haptic they were you know terrifying these did great job comforting the nation here's the issue we people hearing we're right we're with the leader pretty good we have to do in norway is you know the extent concerns of people who are nervous about it and very probably should you know

a whole lot of the more extreme groups you know nice to extreme views if that makes that and i think it's their own platform and facebook you know average joe q. godor we understand your concerns about this issue but we think we're always take it in great interaction here is why so instead of meeting and you know governing through fear and they have to drop some of those you know who are clearly jingoistic policies but also to present you know a more positive view of norway or. you're watching r t live from moscow on the way fighting the onslaught of a deadly drug crackdown on the substance known as crocodile but also innocent painkiller users in russia. germany decided to weigh in on nato campaign in libya despite of stating from a u.n. vote on military intervention back in march roland says it's loaning a hundred million euros to the rebels for civilian and humanitarian purposes the germans initially opposed action in libya but chancellor angela merkel has since

expressed hope the nato mission succeeds remains also recognize the transitional national council as the legitimate government of leave us alone comes as billions of dollars of colonel gadhafi assets remain frozen in offshore banks despite the coalition's pledge to give the money to the rebels the german government consultant crystal personal thanks berlin has a vested interest in cashing in on the war. money is being used for first of all who controls let then next has nato ever cared for the civilian population in libya i don't think so a group of countries bombing libya and using uranium weapons that of course is a group of countries not caring for the civilian population abstaining just being neutral in this case of course was not enough because nato has used the security resolution as a you know free hand to do just anything they want in effect they are fighting on the side of the rebels they're fighting the libyan government nobody knows when

nato will decide to you know protect some civil populations and then kill the legal government more than twenty billion dollars in threes facets this money is going to be used to help the rebels but of course that is in a way totally illegal you can't just take money away from from governments and give it to rebels germany wants a piece of the cake to be to be clear germany wants to maintain its fifteen percent of the libyan oil as a percentage of the total oil imports of germany. the dettori is one tunnel bay prison camp has been ruining lives and reputations for years married detainees went on to be released without charge after years of torment r.t. spoke to former detainee in iraq or announced and says he had he was the victim of sadistic torture methods for interviews coming out at around fifteen minutes time. i saw many people got killed on the torture in qana so. i was one of those who

survive those kind of closure on myself they used electroshocks because i will not sign papers. i was forced to agree that i am the member of progress. and i was not even really i didn't know at the time what it used to be when they asked me what i tried to tell you and i said i'm not remember them and they brought me papers. i refused and that's why they tortured me about to force me to write me to sign make them sign electoral electroshocks another time the foreseeable water treatment a small room on the water boarding another time they hang on chains i had chains on my hands and i was hanging on the ceiling it was pulling me on the ceiling with a chain and to my feet seems to be over the floor and. after

a few days i start the process of will of course because in that situation where i could not eat or drink and it was freezing call that was going to. the bodies of all the victims who died when a pleasure cruiser sank in russia's tatarstan republic two weeks ago have been recovered one hundred twenty two people died in the country's worst water disaster in decades and all the area went down and minutes on the volga river with two hundred and one on board seventy nine were rescued the ship has been lifted from the river bad intel was to shallow waters were the haul is to be drained to help investigators establish the cause of the tragedy the votes owner is under investigation and two people have already been charged with violating safety regulations. and watching r t let's now take a look at some other stories from around the world and mexican authorities have arrested more than one thousand people to crack down on human trafficking and

sexual exploitation the rest were made throughout the weekend in a mexican northern city of siddharta juarez police say they also rescued a few dozen under-age girls the city is known as the deadliest in the country with over three thousand murders committed they are last year alone. the new york hotel maid who accused former i.m.f. chief dominique strauss kahn of attempting to rape her has spoken out for the first time thirty two year old enough he said to the alo revealed her identity and details so your latest attack saying she wanted to go to jail she gave the magazine interview as authorities consider whether to drop charges of doubts over her credibility denies seven counts of sexual offenses and has been released from house arrest. pirates hijacked an italian diesel tanker with twenty three crewmembers on board and western africa the attack was carried out on sunday in the gulf of guinea off binning whose navy is pursuing the vessel most of the crew are

from remediate philippines was to tell us incidents of this kind are more common off the east coast of africa usually by somalia based pirates. the last suspect on the international war crimes tribunals list of. one hundred sixty one fugitives is to the u.n. court at the hague on monday goran hadzic was arrested last week in serbia after seven years on the run is accused of atrocities during the carter between variation in yugoslavia and early nights ranging from murder to religious persecution. cheapness and availability have turned a highly toxic drug known as crocodile into russia's second heroin in an attempt to stamp out stamp out the use of a deadly substance from next to european killers will only be available by prescription but is already using a run of reports the new law leads non-addicts to suffer instead. what

they call a crocodile because it's used as skin turns before it falls off virtually unknown came years ago it's a mixture of petrol solvents phosphorous and most importantly cheap medicines containing the painkiller kodi it's now become rich a second most popular drug the heroin college the cheaper more easily available alternatives injecting this lethal cocktail a user's flourish in months and most i wouldn't three years over the be using it for two months. to clean it the government's come up with a simple solution for now i can still buy coding containing drugs off the shelf but on words i'll need a prescription to do that so there are six showed a lot of russians use these drugs on a regular basis the vast majority of them for completely legitimate reasons so pipe against drugs is the government going too far as of throwing the baby out with the bathwater. coding is sold over the counter in most western countries but its sales

have doubled in russia and so i've years and many say this is not a coincidence i think it was a mistake to start selling coding without a prescription in the first place but making it the most easily available it spawned this problem yet expert opinion has been divided somebody's business doesn't do enough to tackle the social cause of addiction and punishes innocent concealments. there is no efficient system in the country for issuing prescriptions so the people who will suffer are the ordinary pensioners and housewives who need those medicines. full of drugs and the moscow suburbs we came here to ask what the users themselves think about the new law. i don't believe it will change anything that those who want to take drugs will take drugs we will buy them from the right pharmacies and if we don't get them to use something else we will always have something to inject. either other of

a. moscow. come or news updates and videos go to our website r t dot com here's what we have for you on line today r.t. arrives in the cockpit of a plane to see how pranksters armed with a laser is risk blinding the pilot and causing a disaster during landing. also online on this day twenty five years ago sunday astronauts atlantis leads get again the first woman to walk in space spending more than three and a half hours outside this is. now time to take a look what's happening the world of business dimitri is here with us. thanks

marina good morning and a warm welcome to the business update on arts in russia resuming vegetable imports from hungary in the past few weeks russia's consumer watchdog has also lifted restrictions on eight other e.u. nations including france belgium and the netherlands the ban on e.u. verge was imposed early in june after the elferink of e-coli like in germany. u.s. lawmakers are racing against the clock to forge a deficit reduction deal the agreement would clear the way for congress to raise the fourteen point three trillion dollar debt ceiling if the politician talks get stuck the u.s. may suffer a damaging default but this could spur demand for u.s. bonds as the chief economist says burbank expects why are we hybrid. as a result of the default in their prison a demand for states treasuries because you is treasuries. in the alliances market are low risk that sue if you increase

the risk for those houses great you basically increase their risk in the overall system you all three means to. which you're requiring buy a lot more to increase the number. of ice it's in the park dollar. because of the market's now well is declining for the first time in five days that's on concerns of failure to reach a deal on raising the u.s. debt ceiling may cause the biggest consumer of crude to default right sweet as losing a dollar brant is dropping seventy two cents this hour. gold prices on the contrary i've surged to record highs as investors are seeking safe haven. judaism global exchanges gold is trading at sixteen hundred thirteen dollars. school tina silver is that forty and the. move to stock markets now for us asia stocks

of cooling as investors fear the impasse in the u.s. the talks will come to the magic silver of changes the make here manx a shooting of a free quarters of a percent this island tokyo sony is almost two percent in the red to us is roughly one point three percent in hong kong petro china is news you know three percent h.s.b.c. is down around the percent. there moscow trading will kick off in around two hours time the russian market some of the previous week on a flat to positive notes were majors were among the top gave us book banking stocks were under something pressure. and ahead of the new trading week mark rubenstein for measurable live see gives some names for investors to buy out the cash we have been seeing strong commodity prices i don't expect that to change in the near future. i think gas problem now. is a very interesting name in it for one day correction the past two weeks and with

their oil prices back where they had been i think gas promising maybe the room to run the ad in a more we a like short term and meter armies are d.t.b. i think this is a very ancient opportunity right now and it has had a run up full in the government funds released or given to the bank of moscow and but i think it's going to continue it still trades at about twenty five percent below zero bank coming up next you have lines with marina i'll be back in fifty minutes time with an update.

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