these feelings at the beginning of the crisis to fight against the crisis it reacts very late. and on the other hand once the government know what to do they go roaming the snow doing their job properly look good in the node obama who want 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 imo 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 another issue even in those corteen madrid. and others more bad news for greece as well its credit

score has dropped to just one notch above defaults following last week's second ballot package ratings giant moody's says rejecting the debt implies substantial losses to private investors financial journalist johan of us felt that the rescue package is nothing more than bangs paying money to other banks. we're bailing out the banks and we wouldn't be that soft i presume with greece if there wasn't the problem of the french and the german banks not only of the two countries but of course they are the major players and they were in that role of the greek situation elite were throwing money at the banks through greece this package will certainly not help the greek economy the greek economy needs growth and since you're in the midst of a very bad recession you blige the country to cut spending to increase taxes then throwing some money at it is not the solution greece is now effectively in default

because if you calculate on the net present value what private bond holders will given you amount to a value reduction of you come to a value reduction of around twenty percent in europe we don't have a political union and we don't we certainly don't have flexible labor markets so from the beginning. there were huge weaknesses in the whole construct of the monetary union in europe and my big surprise is that it has lasted ten years before through this kind of crisis these weaknesses came to the surface. and on the other side of the ocean american politicians are still tussling over how to raise the country's debt ceiling while republicans and democrats argue secretary of state hillary clinton has been trying rather hard to karma nervous asian investors that they will meet next week's deadline but economic analyst a martin henniker says it's already too late. united states is essentially bankrupt

in any case if they increase their debt ceiling actually as the chinese rating agency dugong has been saying even if they find an agreement and they increase the debt ceiling well it's going to be as a result more debt so if the u.s. has thirteen point five trillion of debt and that's just the nomination of their budget it's not even the fiscal devon clued in all the unfunded liabilities that the united states government actually keeps of the books and if you include this figure really a looking at two hundred trillion us dollar of it's absolutely beyond control and all timidly it appears that the united states will be facing a sovereign debt crisis very much along the lines of the so-called pigs the. periphery as a bit also the other european supposedly stronger countries soviet specter a major major sovereign debt crisis from the major western countries and we suggest that the investor should stay out of that region and look for asia look for gold

through our commodities to hedge for protect against what's going to come there's a lot of talk always in the rest of all of the dangers of china china's military growing and how much of a risk this poses to asia and the rest of the world so if you're looking at how much the united states is spending on military versus china it's totally disproportionate the u.s. is spending a lot more the only difference is the u.s. is doing that is borrowed money and they can't afford it so you have to and saw. it with our so you know still so much more to come in the program including whether there's a one sided justice on war crimes as a last suspect appears at the hague we take a look at why many find the process deeply don. i will be told from the pharmacy to report on the russian addicts painfully killing themselves with a drug store cocktail because it's cheaper than heroin. the king of norway has learned a deeply moving minute of silence for. the ninety three victims killed in friday's

twin attacks the scandinavian country has been shaken by the bombing of government buildings in oslo and the massacre at an island youth camp the tragedy has also touched the royal family the crown princess of norway's step brother was one of the first victims gunned down at the camp the man who's admitted both atrocities has been charged with terrorism and will now be held in isolation for four weeks thirty two year old and as the program pleaded not guilty saying he wanted to set europe and send a strong warning signal you also claim there were two more cells in the organization he belonged to this investigative journalist tony gosling believes there's a new kind of terrorism on the rise. 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 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 brand of terrorism much more seriously and particularly worrying is that he was a freemason and but even as declared that he was a freemason 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 fake christian rather nasty racist ideology was cooked up i would also add that it was interesting that the police said they never come across him before the norwegian police but i wonder very much i wonder if the secret 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 name to him now it was very i would be amazed if they would have actually known

as they first approached him what his name was i would have thought that from the arrest point that's where the investigation would have started from. and there was an investigative journalist tony gosling right. the last serbian a fugitive wanted by the u.n. war crimes tribunal has appeared in court. faces fourteen charges including crimes against humanity during the balkans war in the one nine hundred ninety s. so when officials hope that his arrest will clear the way to e.u. membership but as artie's sara further reports many serbs remain skeptical as to whether it's at all worth joining. so far the tribe you know has indicted one hundred sixty one people and most of days have been serbs and there's been a fair amount of criticism for certainly from the public opinion he he the hague tribunals is acting with political and not necessarily legal interest there's also strong public opinion here that will say the government very much looks to the west

that people have really don't feel any more like joining the e.u. is necessarily going to be and that all their countries interest they only have to look to greece to italy to spain to see that joining the e.u. membership is not the answer to the country's problems in fact in many cases it could quite potentially bring many mold and yet is something that we still see the serbian government really pushing for now a lot of people saying that really. the holden to brussels wishes they were supported by brussels when this government was put in place they go the parliamentary elections next year and elections the year after that they certainly they're going to be using the arrests and the certainly going to be using the candidacy for the e.u. if that ends up happening as a reason for the public to vote for them now that remain a number of obstacles in the way nonetheless one of those polls is close and now we

know a lot of the member states will be pushing the serbia to acknowledge because there's independence as they have here with in serbia that is extremely unpopular with the public opinion and we've had to do that for any government to come out and make that agreement would be political suicide. so i don't know let's talk to diana johnston who's written extensively on the balkans war thank you for joining us today so far we've only seen generals tried by the hague but is it all that clear cut over the suspects from all sides of. the. accurate because. general did general go to reno was tried in actually convicted and there is a rose enormous protest in croatia under croatians who had been led to believe quite rightly i think that tribunal was set out on their to have against service and find it quite outrageous that one of their own correlations should get into

trouble tribunal that is indeed set up mainly to today actually needled brewton of the yugoslav crisis as being the responsibility of the syrian joint criminal enterprise and i thought it seems to be a lot of frustration on both sides of the fence here but foreign minister has said that his country hopes this final arrest will open the doors to the u. perhaps the last hurdle. well that's what the some of the serbian leaders in belgrade are saying but if you listen to what the europeans are saying they're saying up another hurdle has been crossed they're not saying the last hurdle there is saying an important hurdle and the other hurdles remain namely that really nation by syria. rick last only instruments of kosovo now with with possible exception to the e.u. we do know serbia has

a problem with corruption and crime and poverty as well do you think the survey could be looking at a session as a way to just get a quick bail out as the eurozone continues to bail out the the weaker members well i don't i mean if they're looking for are going to go out there is that what they're going to get if you if you look for one thing the they're not going to get in right away he knows there is a lot of objection to marry in another evolve in state because there is too much content with one carry a many and b. and there are and i don't think there will be is more corrupt than other countries are there already and minute to the e.u. . but i think this thing is that it is really in the benefit to the benefit. i would just read reading something recently about today in fact about the greek economy before greece entered the e.u. if it has much more production much more productive economy than sense because once you draw and it becomes

a market for other european good leverage which outcompete the goods made at home so instead of your community you would be a quick way to read quickly left of the servian productive economy whether in agriculture industry or i never got most of the accession of question here because of a question still hangs in the air serbia says it will never recognize the independence of a state that lies wholly within its borders how do you see this chap panning out well i don't know it seems i think that mr tried it should the group that is in power which is the group that is backed by the united states in the european union is in fact ready to give away everything that can be given away so it's only a question of how they can formulate it in order to get it past the syrian borders but of course they were elected last time only in fact because one party namely the serbian socialist party campaigned against him who was more or less controlled or whatever it was a proper group well u.s.

and british embassies in just switching sides and going away to turn if the fact is that kind of his government did not have a majority in the first place and it may not have and again that was the actions of the e.u. and the united states to bribe politicians or elected to join a pro e.u. government does the syrian voters are really likely to be frustrated in any case about all the time we have for today donna johnston thank you you thank. well in the shadow of nine eleven the u.s. embarked on a mission to root out terrorists but it led to a network of secret prisons and seizing suspects often without much evidence after years of torment many of those accused have since been released later we hear from one former inmate and the brutality he had to endure. i saw many people got killed on the torture and. i was one of those who survived those kind of closure on myself they used electroshocks because i will not sign papers and.

i was forced to agree that i may be a member. and i was not even really i didn't know at the time what used to be when they asked me what i tried to tell you and i said i'm not a member of them and they brought me papers. i refused and. they forced me to admit to making. electroshocks and other times the force of the water treatment it's normal on the water boarding another time they hang on chains i had chains on my hands and i was hanging on the ceiling there was pulling me on the ceiling with a chain and you know to my feets used to be over the floor and i had no clothes on so i was hanging there for many days when the interrogator came he pulled me back down and he going to sign on every time when i said no he just made like this

and they're putting that up. and then you can watch the interview in about an hour and a quarter right here on c however you can't wait that long just catch it online right now dot com also more of all the stories we're covering and what else you'll discover that today america combat for in their. the troops are leaving but they're being replaced by private contractors by ensuring the u.s. grip. over the prime minister here as these rather scantily clad. play their devotion to. the love of cars as you will be able to see on our own you tube channel it's not the first time a young woman supported by. the

official. video. feeds the palm of your. on the dot com. just twenty minutes past the hour here in the russian capital you

with our take divers have recovered now all the bodies from the russian a pleasure boat that. are two weeks ago out of the two hundred one people on board the ship one hundred twenty two were killed bulgaria has now been raised from the riverbed and towed to shallow waters where investigators can piece together the ship's final moments to discover how it all went down it will be destroyed so that no part of it can be ever used again bulgaria went down in just three minutes only . seventy nine people managed to escape at the time the captains of two vessels that sailed by the sinking ship face criminal charges for passing by without stopping to help. or why it's good to have you with us here in our check out some other news for you in brief five afghan children injured in an attack by a british apache helicopter they were working in a field in helmand province on saturday when u.k. forces were targeting an insurgent on a motorcycle nearby their injuries are not thought to be life threatening almost

fifteen hundred civilians have been killed this year alone which is already the deadliest since the war started in two thousand and one. the syrian government's adopted the law to allow political parties other than the ruling baath party opposition groups have been almost half a century a multi-party political system is a key demand of the anti-government protesters who've been staging a full month uprising the army is still coming down hard on dissent against the regime. of people in the capital and in the suburbs. the new york hotel maid who accuses the former i.m.f. chief of sexually assaulting her has now gone public now has told newsweek magazine she's telling the truth about the attack in may and wants to see. behind bars parties the authorities are considering whether to drop the charges against him amid doubts over her credibility continues to deny all the charges to.

heroin addicts in russia turning to a cheaper alternative and ingredients are all too easy to get ahold of the drug cartel is known as crocodile and its main element is the painkiller code in which the government now wants to are strict sales of. reports on the lethal narcotics increasing use and you should be warned that you may find some of the images disturbing. you don't even want to call it a crocodile because its users skin turn scaly before it falls off virtually unknown ten years ago it's a mixture of petrol solvents phosphorous and most importantly cheap medicines containing the painkiller codeine it's now become rich the second most popular drug after heroin to reach the cheaper and more easily available alternative injecting this lethal cocktail will rot a user's flesh in months most die within three years i haven't been using it for two months i wish i never started. the government's come up with a simple solution. for now i can still buy code being containing drugs off the

shelf but from next year onward need a prescription to do that statistics show that nearly half of russians use these drugs on a regular basis the vast majority of them are completely legitimate reasons so in their fight 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 in five 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 by making it the most easily available opiate it's born this problem yet expert opinion has been divided some believe that this doesn't do enough to tackle the social causes of addiction and punishes innocent consumers. there is no efficient system in our country for issuing a prescription it's those are the people who will suffer for the ordinary pensioners and housewives who need those medicines. the drugs then in the moscow

suburbs we came here to ask what the users themselves think about the new law. i don't believe it would 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 of nerve r.t. moscow. on the way here and we explore whether egypt's new government is nothing more than a simple reshuffling. corrina with the business news in just a. hungry for the full story we've got it for. the biggest issues get a human voice face to face with the news makers. in india is available in the movie the joint the hotel rooms the

a movie that's the gateway hotel the grand imperial. tours west coast coromandel you can go with her till the close of the show to see dodi to go for clearance rather since the colonel was a hotel as used to retreat. hello and welcome to officer for the south thanks for joining me russia's economy looks good the g.d.p. has returned to pre-crisis levels exports and imports are reaching new highs salaries are up and deposits have doubled since the beginning of two thousand and eight however analysts believe it's still too early to celebrate. the quote to me is no longer enjoy in the area. or surplus i mean when budget surplus and current account surplus the budget is now in deficit and my biggest concern is that the government has postponed the normal budget plan in till two thousand and fifteen

until then the government is still using oil revenues as normally we've heard about fifty percent of budget revenues coming from oil run in their fiscal deficit of three percent is really dangerous for muckraking amik stability now russia is right in a budget surplus but if oil price drops to seventy eighty it will immediately run five seven percent budget deficit. now let's take a look at the markets oil is declining for the first time in five days that's after president obama and congress fail to agree on raising the u.s. debt ceiling posting concern that the government will default light sweet is trading at ninety nine dollars a barrel and brand is that one hundred eighteen dollars per barrel. gold prices have surged to record highs as investors are seeking safe heaven amid dead jitters on global exchanges gold is trading at one thousand and six hundred sixteen dollars per ounce of silver at more than forty dollars per ounce. and u.s. stocks slipped out the congressional leaders failed to agree on

a deal to raise the nation's debt limit lawmakers hope to reach a compromise and some day but those talks stalled airline stocks decline after a severe cut to greece's credit ratings raised fears that the u.s. could fall. european markets are mixed this hour the pussy is a quarter of a percent lower and the dax is up nearly point two percent banking stocks lead markets lower in london lloyds banking group and barclays lost four percent and commerzbank is down over three now stand in frankfurt. and russian stocks sank by their most in a week on monday with the r.t.s. closing the black and i'm isaac's finishing over a quarter of a percent lower well stocks were down during the day on declining. could put finished higher up close telecom was slightly better than the markets the stock fluctuating on its own the past couple of weeks ignoring market trends fully metal was up two percent of the gold mine enjoys yet another record highs price for gold . and that's our business update for this i'll be back with more in less than an

hour's time join me. question is that so much given to each musician on the market five months on is the condition of the egyptian revolution has it lived up to expectations would just keep.

the limited to just simply. wealthy british style but it's time to expand the fine.

markets why. find out what's really happening to the global economy in the reports. thousands of spanish demonstrators of fury in madrid over soaring unemployment the government's handling of the struggling economy the protesters accuse the leaders of being dictated to by brussels and the i.m.f. instead of focusing on the people's needs. and across the atlantic america is rushing to reassure its nervous investors that it can stave off an ever encroaching to fold that's even though the president legislators continue to. lift the fourteen

trillion dollar debt. and no way. to remember the victims of the bombing and the massacre at island using police have reduced the number killed in the twin terrorist attack now to seventy six saying there were difficulties in gathering information after the run. of the headlines here in. syria is here. and this time the guests debate whether egypt's revolt is one step forward and two steps back thank you. and you can. follow me and welcome the crosstalk i'm peter lavelle five months on what is the condition of the egyptian revolution as it lived up to expectations what does

people's power mean there today and could the revolution be hijacked during the coming elections. due. to cross-talk what's going on in egypt now i'm joined by rula jebreal in rome she's a journalist and author of miral in london we go to now el saadawi she's a writer and political activist and often referred to as the mother of the revolution and in zurich we crossed the lower end zone but you know he's an academic and security expert who specializes in islam and political violence in europe and north america are you folks this is cross talk that means you can jump any time you want i very much encourage it through i'd like to go to you first in rome what is the condition of the revolution now is it lived up to expectations is it going in the right direction what it's traded till are it is to say that it's left up to expectations because if that first expectation was that the bar.