responsibilities from the government. because the government first of all did not create the conditions at the beginning of the crisis to fight against the crisis it reacts very late. and on the other hand once the government. what to do. the government it's not doing their job properly look at what in the note obama wanted 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 another issue even

with those corteen madrid. well there is more bad news for greece to as its credit score has dropped to just one notch above default following last week's second bailout package already moody's says rejigging the debt implies substantial losses to private investors and financial journalist johan van overtveldt says the rescue package is nothing more than banks 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 to compete but of course they are the major players and if they were that invulnerable to the greek situation and beat were throwing money at the banks through grief 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. oblige 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. along the other side of the ocean american politicians are still toslink over how to race the country's debt ceiling while republicans and democrats argue secretary of state hillary clinton has been trying to calm nervous asian investors that they will meet

next week's deadline but economic analyst martin henniker says it's already too late. the united states is essentially bankrupt in any case if they increase the 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 what is going to be as a result more debt so if the u.s. has thirteen point five trillion of dead and that starts the nomination of their budget it's not even the fiscal gap including all of the unfunded liabilities that the united states government actually gives of the books and if you include this figure real looking at two hundred trillion us dollar of it's absolutely beyond control and all timidly piers 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 story supposedly stronger countries soviet spectum major major sovereign debt crisis from the major western countries suggest that the

investor should stay out of that region and look for a look for gold through our commodities to help protect against what's going to there's a lot of talk always in the rest of all of the dangers of china china's military growing india and how much of the rest of this poses to asia and the rest of the go there if you're looking at home of the united states of 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 there's board money and they can't afford it so you have to and saw and. well there is so much more to come on the program including the cost of war as nato forces in the data stack calls more civilian injuries we asked how much longer the alliance can justify its means as afghan anger grows. and belief will fix from the pharmacy are two reports of the russian batiks painfully killing themselves with a drugstore cocktail because it's cheaper than heroin. now

thousands of norwegians scattered in the center of oslo on monday. for a candlelit vigil for the victims of twin attacks that left seventy six dead people held flowers and candles to commemorate those massacred in the shooting at an island youth camp and the bombing of government buildings but the man who is a better be atrocities has been charged with terrorism at a close court hearing and are slow and he will be held in isolation for four weeks others brave excluded not guilty saying he wanted to save europe and send a strong signal against immigration he also claimed that there were two more cells in the organization he belongs to investigative journalist tony gosling says police may have already been aware of brave it. was interesting 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 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 this guy obviously needs to go down if that's what the jury finds and let's make sure that he's not free to roam the streets because what concerns me is some of the right wing terrorists we've had in europe over the last thirty forty years really still this is from the operation gladio and other similar operations by nato still are walking the streets of that was investigative journalist tony gosling talking to us there. now five afghan their children have been injured in an attack by a british apache helicopter they were working in a field in helmand province on saturday where u.k. forces were targeting an insurgent on a motorcycle nearby now almost fifteen hundred civilians have been killed this year which is already the deadliest since the invasion started in two thousand and one or peace activists lindsey german told me earlier that the alliance is actions

prove that war is not working. i think that it will just convince more people in afghanistan that the war isn't helping them but he is actually killing and injuring more and more people so isn't working isn't going to work when you have a war where the risk of growing insurgency will be all sorts of people who are victims of versailles and children are obviously one of the worst of the casualties the only solution to this is to say you war isn't working as there is absolutely no justification for nato forces to be there and that they should withdraw the troops this is now coming up to the tenth anniversary of the war and there is absolutely no question that this war is not getting better it is getting worse it is almost certain that whatever settlement eventually comes in afghanistan it will involve

the taliban in some capacity nearly everybody now recognizes this so what is the point of continuing this war the point of continuing this war is because the americans and the british and their allies cannot admit defeat in the second country after what happened in iraq that is why they're there they're there in order to prop up a government that they have no real confidence in they are there in order to save their own faces they are there to protect their interests they're not there to protect the ordinary afghans and we've seen this again this week. now that was lindsey german from the stop the war coalition. now the last serbian a fugitive wanted by the u.n. a war crimes tribunal has appeared in court go down hearted faces fourteen of charges including crimes against humanity during the balkans war in the one nine hundred ninety s. will serve in officials hope that his arrest will clear the way to e.u. membership and a surfer reports many serbs remain skeptical as to whether it's worth joining at

all. 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 certainly from the public opinion here either hate tribunals as acting with political and not necessarily legal interest there's also strong public opinion here that although 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 is all the 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 a country's problems of fact in many cases it could quite potentially bring many more and yet it is something that we still see the serbian government really pushing for now a lot of people saying that really they are beholden to brussels wishes they were supported by brussels when this government was put in place they got the

parliamentary elections next year and elections the year after that so certainly they're going to be using the arrests and the sez he 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 of course is possible that we know a lot of the member states will be pushing the serbia to acknowledge close these independents as they have here within the. 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. for diana johnstone who's written extensively on the balkans swore says the hague court was set up to bring only one side to justice the tribunal that it is indeed set up may need to to back the needle brewton of the yugoslav crisis as being the responsibility of

the syrian joint criminal enterprise i don't think there would be is more corrupt and other countries that are already admitted to the e.u. but i think the thing is is this really in the benefit to the benefit of the search 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 they're saying an important hurdle and the other hurdles remain namely is that the recognition by serbia over the recall off of its problems of kosovo i think that mr turned it should the group that is in power which is 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 it's only a question of how they can formulate it in order to get it past the syrian borders all that was balkans expert diana chance joan giving her appraisal of what will

come out of the trial. now 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 now after years of torment many of those accused have since been released and later we hear from one former inmates and the brutality he adored. by so many people got killed on the torture and so. i was one of those who survived those kind of closure on myself they used electroshocks because i will not sign papers. i was forced to agree that i may be a member of the and i was. 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 forced me to sign i refused and.

they forced me to sign. another time the. water treatment it's normal on the water boarding and all the time they hang on chains i had chains on my hands and i was hanging on the ceiling that was pulling me on the ceiling with a chain and into my feet used to be over the floor and i had no clothes on so i was hanging around for many days then the interrogator came he pulled me back down. and he going to sign almost every time when i said no if you just make it like this and they pulled it up. on you can watch that interview in full around in around fifteen minutes time right here at r.t. or you can catch it right now online at r.t. dot com there's also more on all the stories we're covering for you on the air and here's what else you'll discover there today america swapped combat for corporate

in iraq well the troops are fine. only leaving but they are being replaced by private contractors and ensuring that the us korea remains. committed to getting a louder over the prime minister as being stabbed in the closet carwash display of their devotion to ready for putin is love of cars as you'll be able to see on our new train travel it's not the first time the women have shown support loads. it is easy for you to. be able to.

be official we can show you on the phone. from the. video. feed in the palm of your. diverse have recovered all the bodies from the russian pleasure boat that sank in the volga river two weeks ago well out of the two hundred one of people on board the ship one hundred twenty two were killed but will gary has been raised from the riverbed and has been towed to shallow waters where investigators can piece together the ship's final moments to discover how the tragedy happened it will then be destroyed so that no part of it can ever be used again but bulgaria went down in just three minutes and only seventy nine people managed to escape and the captains of two vessels that sailed by the sinking ship face criminal charges for passing by

without stopping to help. no more world dusenberry for you this hour the syrian government's adopted a law to allow political parties other than the ruling ba'ath party opposition groups have been bad for almost half a century now a multi-party political system is a key demand of the anti-government protesters who've been staging a four month uprising well the army is still coming down hard on dissent against the regime detaining scores of people in the capital and its suburbs. the new york hotel maid who accuses the former i.m.f. chief of sexually assaulting her has gone public now if he sought to diyala has told newsweek magazine that she's telling the truth about the attack in may and that she wants to see. behind bars the authorities are considering whether to drop the charges against him amid doubts over her credibility. denies all the charges.

hundreds of gay couples got married in new york on sunday the american state has become the sixth then most populated to recognize same sex unions the i do's began at midnight to the cheers and applause of friends and family meanwhile of thousands . of rallies across the state. and heroin addicts of rush hour turning to a cheaper deadlier on. turn of events and gradients are all to easy to get a hold of while the drug cocktail is known as quickly as its main element is the painkiller accordion which the government now wants to restrict the sales of i've got i've got i've never ports on the lethal narcotics increasingly and you may find some of the images subsetting. what they call the crocodile because it's uses skin turned 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 code in it's now become russia's second most popular drug

the heroin which is the cheaper more easily available alternative injecting this lethal cocktail wrote a user's flourish in months most die wouldn't three years i've only been using it for two months i wish i never started. the governments come up with a simple solution. for now i can still buy code being containing drugs off the shelf but from next year onward all need a prescription to do that so the six showed up nearly half of russians use these drugs on a regular basis the vast majority of them for completely legitimate reasons so in their fight against drugs is the government going too far as in 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

spawned this problem yet expert opinion has been divided some believe that this doesn't do enough to tackle the social cause of addiction and punishes innocent consumers. there is no efficient system in the country for issuing prescriptions so the people who will suffer for the ordinary pensioners and housewives who need those medicines. 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 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. and on the way no conviction but no apology either a former guantanamo inmate lifts the lid on the prison that we want his life but first let's get this hour's business news from korea.

well welcome to business this hour facts 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 higher analysts believe it's still too early to celebrate. they call me is no longer in jordan there. are surplus i mean member 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 all mixed ability now russia is right in

a budget surplus but if oil price drops to seventy eighty it will immediately run five seven percent budget that's. let's take a look at the markets now oil is declining for the first time in five days that's up to president obama and congress failed to agree on raising the u.s. debt ceiling boosting concern that the government will default white swiss trading at ninety nine dollars per barrel brand is at one hundred eighteen dollars a barrel and gold prices have surged to record highs as investors are seeking safe haven i mean dead jitters on global exchanges gold is trading at one thousand six hundred twelve dollars per ounce and silver at more than forty dollars per hour so . u.s. stocks are lower this our markets fell only after congressional leaders failed to agree on a deal to raise the nation's debt limit to avoid default technology shares are up in to eat and motorola solutions climbed more than one point eight percent leading technology companies to the biggest gain among ten groups in the index and european

markets closed mixed on monday with the footsie in the red and the dax a quarter of a percent higher bank stocks led markets lower in london lloyds banking group and barclays lost four percent spankers down over three and a half percent in frankfurt and russian markets and mixed with the r.t.s. closing in the black and i'm isaac's finishing over a quarter of a percent in the. red stocks fell by the most in a week in monday's trading with energy majors the main drag on declining crude oil stocks were down during the day finishing slightly higher at the close call was slightly better than the market the stock fluctuating on its own in the past couple of weeks ignoring market trends pulling metal was up two percent as the gold miner enjoys yet another record high price for gold. today we've seen most financial indicators to read some past summer is involved deal with the lawmakers

do not treat any agreement here so basically we see oil trade in the ground around one hundred seventy in. major european indices a rare and i was some people who trade in minus points and person to the friday's close so everyone is waiting for some new symbol that you has dropped when i am such a wise to assume financials be not a pressure group the better buying can be to be underperforming the market last week we've also seen some do some move with no attack and a roll call which were among the top performance of the market also russian oil majors live cross nafta lukewarm perform battleground for instance gas problem. the wheels have started turning in the joint venture between tire maker pirelli and russian technologies they've bought a tire factory from petro chemical giant seeber the deal is worth around two hundred million dollars the plant has a capacity of seven million times a year the partners want to boost their production capacity by fifty percent

through further acquisitions the joint venture is expected to earn five hundred million euros by two thousand and fourteen and to get a fifth of the russian market. and this is the second largest utility edison has reading go cheated the pricing of its long term gas contracts with russia the italian company says it might be able to save up to two hundred eighty million. dollars industry analysts believe the agreement could have a wider impact on other european operators many of them are sitting in to be gauche if we negotiated long term gas contracts with suppliers from russia and of chariot . and russia has revised its grain output for two thousand and eleven to almost ninety million tons from the previous eighty five million the export forecast has also jumped by three million to eighteen million for the year this is after the country lifted its ban at the beginning of the month the vice president of the country's grain union says russia would take two years before it could adjust its

prices back towards the national levels. the use we have had to enter the market in general there is always a premium when entering any market traditionally on the grain market a premium is in the region of ten to fifteen percent in previous years when we were entering markets like southeast asia this was also always the case as all the business for now i'll be back in about forty five minutes from now with more.

welcome to the one who makes a big splash in the world of high tech business what turns events science into i can't change products they don't understand oh he's this guy he followed russian innovators to e.g. bidders abroad and their big breakthrough back home spotlight on start ups on technology update here. we've got the future covered. for the fall we've got. the biggest issues get a human voice face to face with the news makers. in india. the move the joint people to. the gateway to

the grand imperial true in the torturously. you can a letter to. say don't need to go. read this in the county was her job as a retreat. welcome back here's a recap of the top stories we're covering today on our t.v. spanish demonstrators are venting their fury of madrid over soaring unemployment and the government's handling of the struggling economy well the protesters accuse their leaders of being dictated to by brussels and the i.m.f. instead of focusing on the people's needs. all across the atlantic americas rushing to reassure its nervous investors put it on a stable from ever encroaching default that's even though the president and

legislators continue to squabble over how to lift the fourteen trillion dollar debt . over one hundred thousand people gathered in the race capital on a day to mourn the seventy six victims of friday's atrocities the man who admits all slow bombing and be a massacre at an island is charged with terrorism. talk of a big continues to wreck lives despite president obama's pledge to shop at the notorious prison well many detainees released without charge have shed light on what really goes on there now archie spoke to one a former president who says the u.s. hasn't even given a simple apology for his years of torment that interview next. united states held. them obey detention camp for five years before releasing him without

charge mr cohen as have you ever been given an apology or an explanation by the americans. and they did not what's even i don't thing that they are going to apologize for anything you were arrested in pakistan in two thousand and one why were you there here in germany i saw a group it's called jamaat to be helping. young people who have problems with drugs or homeless people who has problems at all they always come from pakistan they have their own fault eighty million members it's i thing the biggest group. nonpolitical and they are against war of course and they also hate and by taliban because they are against war but. when i went to pakistan i went to that to their school of jamaat to be they have each year i guess.