america's biggest creditor china dashes out at washington for putting the global economy at risk by not reaching agreement to keep its debt in check. it's a rocky. dream turned sour at the cost of dealing with the currency crisis undermines the promise of prosperity as an email. poland prepares to present its own perspective on what caused the plane of the late president kaczynski to crash in western russia last year. and the russian scientists claims keeping a close eye on the sun could help predict when natural disasters are about to

strike the earth. this is r t twenty four hour news broadcasting live from moscow welcome to the program. the country which holds more u.s. debts than any other has hit out at the failure of congress to reach a deal of brit's debt ceiling china says the political deadlock in washington threatens the entire global economy so far republicans and democrats have their day the vote limiting the country if they haven't agreed rival budgets they have until tuesday to avoid a potentially devastating default earlier in the week u.s. secretary of state hillary clinton was in beijing to reassure asian it is that america will not fall back on its debt payments but either shift from investment

company euro pacific capital china could well dump it out there as its main reserve currency. we can't afford bad relations with china see beijing holds the cards you know we're dancing to the tune the pay play the real problem for china is that there's no way that america can pay back the money that the chinese are very lonely just politically just not going to happen and especially when interest rates rise i'm surprised and taken the chinese so long to figure out that they've been throwing a lot of good money after bad i don't think we're going to default i think we're going to inflate which is just as bad but you know we're going to raise the debt ceiling that the problem is the debt not the ceiling the ceiling maybe is a solution but unfortunately it's going to be raised open really the chinese are going to impose their own ceiling on our debt which is going to be a lending ceiling because we're telling the chinese right now that we're running a giant pass' heene what we're telling them is that if we can't borrow more money we're not going to pay back the money we've already borrowed which means in

countries like china decided they don't want to lend us any more money then we're not going to pan back to my they've already rolled us or we do paid back it's going to be with mine it has very little purchasing power because bin vernacular going to run off the printing press the sooner the chinese stop stop enabling on this phony economy that we have this sooner we as americans can begin to repair the damage and what's going to happen is when the dollar collapses americans are going to see a big reduction in our standard of living. in europe small countries like republican slovakia feel their economy is being crushed under the weight of the euro currency crisis the bailouts for eurozone member states needing to be paid for patients are stuck here feeling the pinch as artie's surf oath reports critics that say the rules have changed your membership failing to live up to its promises. they say that charity starts it has also back you made you want to the poorest countries but the pressure from the e.u.

to participate in a second bailout then money could soon be going to greece. i'll tell you what joining the euro zone brought responsibility was put not benefits in fact slovakian pensions are significantly lower in days increase people here is hey michel to tell us they barely cover their food costs with the money they receive you have to now. deal with homelessness we have to reform our system our health care system there's never enough money. back in two thousand and nine when slovakia's joined the year is a it was such high hopes. it was also kind of prestige or to be preferred one hungary and strictly republic. for one from some from europe and you know in israel clock back the year is saying

it seems isn't all it's cracked up to be as we join your of on there was. saying that one country are just this wrong country in may two thousand the rules change dramatically things like that to be a gangly well now be breathing a sigh of relief if that neighboring not only here is a mclean chief of benefits laid back shoppers have been heading to. there checkouts in peace to escape the year and we come just across the border from the back here to the czech republic where the superstore out there doing a booming business more and more people make the regular journey to do their shopping because the prices here is simply much cheaper with people now shopping outside the country evacuees retail revenues have fallen dramatically in the high prices mean the tourism industries have been hit hard certainly not the results hopeful when they first joined but every club has its leaders and what they say

apparently case even if they're the ones who got you into trouble in the first place you see be creative. all the countries are. the bonds are as good as german ones. made possible for greek. world so much money back in may be contributing this time is that many of those it so eager to join the year you can healing the now simply being pushed around their fat back here. france has been warned by the international monetary fund cuts to avoid becoming the next victim of the debt crisis the i.m.f. says the country's credit rating could be at risk for certain measures and taken. her still got problems no longer. so the problem is look these aren't things that have just happened suddenly i mean the french budget deficit has been in

a deficit the french budget since one nine hundred seventy four i mean these are things that have been going on for thirty or forty years is absolutely ludicrous untruthfully governments need to stop spending and they need to be very realistic about their budgets there are fundamentals huge problems going all the way through the euro zone and we don't have any leaders who are willing to give us a sustainable solution this is typical of contagion we've been talking about it for weeks we have you know when you get some degree of illness and it goes through the body ultimately you have to decide when to and the truth is we should have amputated greece from the euro zone long ago we've got the situation at the moment where provincial libraries in northern germany are being closed because the money isn't there because it's being used to fund people in the mediterranean i think german voters are going to get very angry about that very very soon and i actually think the political will is not there amongst the people to endlessly keep bailing

out there so there never is it's going to be a huge problem because ultimately the contagion is going to hit and i really do believe that after last week's events unfortunately we only inch closer to the idea of a total euro meltdown. well sort of color program it dangerous connections libyan rebels on their command killed his alleged ties to them is when gene called into question . also nato promises extra troops for the border between serbia and it's going down and until bush will export. poland is due to release the findings of its investigation into a plane crash in western russia last year but killed the polish president lech kaczynski dozens of the country's political elite also lost their lives with russia based interstate aviation committee along with leading flight safety experts laid

the blame for the crash on the post crew bad weather conditions and psychological pressure many in poland future based findings saying there were one sided calls from old return to investigate the exact circumstances of the accident but david lemon who's the operations and safety editor at large global magazine says the recent investigation continued because poland was so devastated by the tragedy of the investigation that followed was was almost painfully thorough. and i think the russian investigators knowing how tragic this event was and how highly politically charged it was they went out of their way to explain the reasons for the facts that they found they were on usually they used in an unusually large number of words to describe really

fairly simple things. i think anticipating that the truth was going to turn out to be very unpalatable which of course it was i can't really see why this investigation is continuing react so that was a simple one it's a type of accident that followed a mistake of a type which is happened countless times before in aviation history. i think the only reason why it's happening is because this was such a human tragedy such a political tragedy for the polish people that they they they've been they've been given the truth and the truth is unbearable they can't take it now i don't think that the polish investigators think they can pin the blame on anybody else but i do think that they are looking to pin some of the blame on somebody else. so that

for more on that take a look at all its web site about him dot com we also find out more about the russian that investigation into the polish plane tragedy and part of a timeline of the story also lined up for you right now the stuff that's the f.b.i. in the region massacre suspect and his private income. and does the mercury head start forty degrees celsius in moscow and see how people throughout the city are dealing with the heat. live. critique take three. three. three. three. three.

three long video for your media project free media john darche tom tom. clancy. bringing you the latest in science and technology from. the future covered.

rebels have declared three days of mourning off their military commander until there's a kill other fighter you know was gunned down i was off the regular orators reportedly arrested and now he's probably suspected ties to colonel gadhafi his regime in this and it will be as foreign minister he defected to the rebels at the beginning of the revolution the national transitional council graeme's the killing on the supporters and claims to have arrested the head of the current responsible but wanted the answer to the american terrorism caucus says there are conflicting reports on what happened. there are two theories here theory number one is that he has been in communications seems according to some reports with the regime of khadafi and therefore he has been called upon for investigation what is unknown according to this theory is that why he was killed while he was going for the investigation the second theory which could be even more seriously dangerous is

that he could have been eliminated by a faction of the militia faction within the council within the rebels and both series tells us that now washington and brussels i guess are going to be very concerned about the internal military situation inside the rebels camps the consequences of his killing could be either short ramification or vast ramifications if indeed he was only an individual or even a high ranking official who had still relationships with the gadhafi regime then his killing will be it will be the end of the thought but if it's the other case that is he and others inside the council the interim council of the bin ghazi power have been in opposition to another force a militia force it could be other military opponents it could be the islamist militia of the highest or another tribe if the case is different then the concern is more serious in the west that there could be more clashes in the future i want

tensions within the military camp at a time where the rebel seems to be on the offensive so we're going to wait and see the results of the investigations and most likely the nato command would want to be part of these investigations. the mater's commander impossible. to keep a large military presence at the border city to quell a possible new outbreaks of violence clashes erupted at one of two disputing border crossings about two hundred. and said not just and that's it was in response to the human cost of the police to take over the crossings looking exports for the breakaway nato peacekeepers moved in to stop the violence and on the phone crisis. mr examiner fiction belgrade says sabs feel they're being treated as an unwanted minority when a student of their own. they're trying to they're trying to enforce some unilateral

moves in order to change the reality on the ground to change the reality as it was as it is under you when resolution security council resolution twelve forty four always through a session with republic so in other words the serbs tore down a course that was to believe themselves to be part of serbia and they're acting in that capacity now the western states mostly nato states that have recognised course you are treating them as a minority and the other had states that have not recognised kosovo independence and not treating it serves as a minority but are seeing them as having equal rights as all of the citizens of serbia but we must remember that the key to the situation across that was really in nato hands they control militarily the entire province so really whatever happens down there is under their control and it's something that they will tolerate or not tolerate and we must also remember with the burning of the border checkpoint we still don't know who actually did it these were masked men

they really could have been any nationality we don't know whether they were serb albanian or french shorey very american we just still don't know that. well some other world headlines for you this hour at least six people were killed when peacekeepers opened fire on a kite and into militants in somalia's capital mogadishu ballance broke out as african union attempts to supply eight family trees were around but small is the lists without starvation will be as a threat to a reported two million somalis simple food and water management from various. u.s. and north korean diplomats met for several hours in new york first time since two thousand nine hundred six preston satisfaction of retorts stridulum a serious business life in a good atmosphere into which will continue on friday aimed at reviving stalled six

party negotiations on the north's nuclear program tensions have been escalating from korean peninsula since the sinking of a south korean maybe this about the north last. call it clashes between thousands of homeless and police are abducted in a move in argentina at least three people reportedly killed and dozens of others wounded. after the party and then the government should refer to them on doing something to live rather to build lots such seizures are rare in argentina as are the stricken groups using rodger's to get financial gain. honestly and children flew thousands of kites above that breaking a world record for the most heights tennessee thirteen thousand took to the sky beating the previous chinese record by around three thousand because it's contained slogans calling for an end to the israeli blockade as part of efforts by nations to

provide summer entertainment. researching the sun could save lives on earth some scientists believe bursts of solar activity cause natural disasters or planets but until now the stars being too difficult to reach explore in any detail what is your percent of met some russian receptions who think they have the solution. volcanic eruptions. earthquakes. tsunamis. apocalyptic pictures like these are becoming an ordinary part of news bulletins across the globe and scientists aren't giving out reassuring forecasts. and usually. unfortunately we're expecting more severe capitalism's which may lead to large scale human losses and destruction i'm talking about even a possible shift of the centers of our entire civilization. the change in the earth cease making activity coincides with the rise of activity on the sun scientists

have been witnessing gigantic bursts of plasma on its surface and say they are affecting our planet even though it's over one thousand million miles away each burst sends billions of particles into space which impacts the earth's magnetic field this needs riggers some of the processes going on deep below its surface leading to earthquakes and volcanic eruptions scientists predict solar activity will only increase in saying the next few years a large scale disruptions often l.-a tronic equipment or radio transmissions computer failures and massive blackouts could become part of everyday life the sun is clearly monitored either way stations on the earth or in orbit but sending a probe four times closer to the store would be far more helpful and it mean besides fiction much longer thanks to a project currently being developed by the russian academy of sciences. this is

going to be like a thermometer which would fly close to the sun measured its temperature density in magnetic fields when making it to scratch never done this before. the input of dealers zons as it's called is said to be a large one twenty fifteen of course it won't be able to control the star's activities but it could at least give you a heads up to humanity before disaster strikes you go up as one of our key moscow. now suitcases in hand the moscow out team travels to the tourist friendly city of st petersburg is your guide to the top hotels and restaurants before the program is coming up in ten minutes time it is a pretty. good it's a very lemon i think i love about the city it's all the good locations if you do your research you can look on the internet all the local guys you'll find survey credible places new restaurants popping up every week and to wrestle here i think

has the best location in the city just look at the stunning because i could be drawn just describe the down the road you can see the church of the spilt blood. to know it's wrong to sell some cause at solitaire it's absolutely it's like. well. the business news is up next here not here with us. hello and welcome to business here on our team first off russian a car giant after bass has turned a profit for its fresh air holder radio for the first time well the carmaker managed to squeeze thirty seven million euros affiliate in the first half of the year that compares with a fifty six billion euro loss of the same time

a year ago well the whole renault group reported a fifty six percent chump in first half of that profit. and there's going to be capital in the palms for all those slot us to run our energy minister sergei schmuck or explains what the government is doing to avert a repetition of the gasoline crisis earlier this year all that now let's. the growth of the performance with the new group there is no risk of a few seats in the country we are keeping the ninety percent for export some to be needs and we need some sort of a reserve system which will reforming industry plans reserve about two million tons of fuel mostly which of these will which will produce with a smooth operation of transport and the market which. we must take a look at the markets now precious metals are mixed this hour goes trading in the black as investors look for a safe haven due to uncertainty over the u.s.

debt resolution after republicans counseled a vote on the deficit reduction plan however silver is losing rather quarter of a percent it's currently trading at thirty five dollars per ounce. oil prices are also makes light sweet is currently trading at ninety seven dollars per barrel rollup branches at one hundred seventeen dollars per barrel. leisured markets are in the red as the u.s. debt impasse keeps a broad market sentiment in check exporters are under pressure on the nikkei as the dollar extended its fall against the yes more than ten to twenty percent after reporting a quarterly net loss of over three hundred million dollars the role financial saucer among the main losers in hong kong with industrial and commercial bank of china down one thirty three percent. and here in the moscow the markets will start trading a day in about two hours time for both the r.t.s. seven five six games on thursday and the growth is really supported by stronger

energy and writing stuff. i russian i could ease of quietly again to throughout the week despite that woes from the u.s. and europe are dmitri can you call that a virtual capital says friday trade it will continue to be in a very low volume. today's not just any friday raise the month on friday so so that's why we would expect some some interesting moves in the market and is pushing the sort of the whistlers that was space people would do for us or it's present them otherwise we're still in a very quiet summer trading with volumes being depressed with the people liking your idea is what the word investors are looking at is the resolution of all of the or something to the resolution of the crisis in europe and maybe in the u.s. and i guess russia is going to be the exceptions are going to be tracking the normal world markets probably with

a degree of resilience and you know the the background ferocious to raise very strong well the ruble has reached a three year high against the euro dollar basket or fears over the debt situation in europe and the us are contributing to the rally but is it getting outdoorsy enough from the status of actual corporation explains the currency is mainly being driven by technical factors. like local private capital flow has decreased in the second half of july and high oil prices proof of the bill first was so kind of sebastopol speak about consumers and we speak about short term definitely it's good because a lot of consumer goods are being imported when you buy cheap or your feelings before his yourself are more comfortable in the long term businesses will not be able to sustain expensive food may result into high levels of unemployment unfortunately this may affect local output and these may result in a less comfortable situation for consumers. well that's all the business news for

now but from our stories you can always check out the website at r.t. dot com forward slash business and in the meantime stay tuned for the headline for kerry. for the full story we've got it first hand the biggest issues get

a human voice face to face with the news makers. cultures that so much now is about to fade into highlighting the body of a real and i would feel a little more need to name some are selling christian rock jesus jeans and even jesus cole is this the right way to promote christian. the globe comes to the kooks in a big splash in the world of hi-tech business questions advance science into high gear cheap products they don't understand. he's got the fall of russian invaders to eat your betters abroad and their big break through back sunlight on stood up on technology update here. we've got the future covered. if used to be an ideal place for a holiday wouldn't change in

a moment. the winds of war are still visible. the republic is not only relieved but also shaping the future. wealthy british style. market why not. come to find out what's really happening to the global economy with months cause or no holds barred look at the global financial headlines tune into cars a report on our key.