india is available in the movie going to the joint people chose a movie that's the gateway to the grand imperial through the george weston bush coromandel new kind of letter to know those which are good to see don't need to go and. read this and the colonel was her child has to retreat. america's biggest creditor china lashes out at washington for putting the global economy at risk by not reaching agreement to keep its debt in check. so that his dream turned sour the cost of dealing with the currency crisis undermines the promise of prosperity as an e.u. member. 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 dictate when

a natural disaster about to strike here. overseeing a lot of red in the markets the r.t.s. and b m i six are both down by less than a person certainly the west that deadlock still making investors nervous i'll have more for you about twenty minutes time. around the world and around the clock this is our team welcome the program the character of the country which holds more u.s. debts than any other it's out at the failure of congress to reach a deal of its debt ceiling china says the political deadlock in washington threatens the entire global economy so far republicans and democrats have delayed a vote haven't limiting what the country owes as they haven't agreed on rival budgets they have until tuesday to avoid a potentially. thanks to fold in the week u.s.

secretary of state hillary clinton was in beijing to reassure asian the this america will not fall back on its debt payments peter schiff that's what company you know pacific capital thinks china could well dump the dollars it's may resent currency we can't afford bad relations with china see beijing holds the cards you know we're dancing to the tune that they play the real problem for china is that there's no way that america can pay back the money the chinese are very lonely it's politically just not going to happen and especially when interest rates rise i'm surprised they can be chinese so long to figure out 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 problem is the debt not the ceiling the ceiling maybe is the solution but unfortunately it's going to be raised ultimately 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 ponzi scheme 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 of countries like china decided they don't want to lend us any more money then we're not going to pay em back to my they've already loaned us or we do paid back it's going to be with mine it has very little purchasing power because ben bernanke you can write off pretty great the sooner the chinese start to stop enabling this phony economy that we have the sooner we as americans could begin to repair the damage and what's going to happen is where the dollar collapses americans are going to see a big reduction in our standard of living and in europe small countries like the republicans slovakia feel their economy is being crushed under the weight of the euro currency crisis the bailouts for us and member states needing to be paid for patients like the camera feeling the pinch as sarah first reports critics that say the rules have changed and your membership fading to the up to its promises. they

say that charity starts at home also a vacuum maybe you want to the poorest countries but with pressure from the e.u. to participate in a second bailout then money could soon be going to greece we told them i'll tell you what joining the euro zone brought responsibilities but not benefits in fact slovakian pensions a significantly lower than days increase people here is hey michelle to tell us they barely cover their food costs with the money they receive they have to now. you're homeless. have to reform our. health care system never enough money. back in two thousand and nine when slovakia joining the year is a it was such high hopes. it

was also kind of prestige or to be the first rung among her hungry and public policy we had for one from central europe and you know. that the year is again it seems isn't all it's cracked up to be as we join your of the longer rides we've been through. that's run down through. just this one country in may two thousand the rules change dramatically days like that of year a gang a well now be breathing a sigh of relief that neighboring not only here is a new country to fill the benefits playback showcase have been heading to bear check out in a pinch to escape the year a we come just across the border from the packets of the czech republic where these people store outlets doing a booming business more and more people make the regular journey to do their shopping because the prices here would be much cheaper if people are now shopping outside the country for vacuums retail revenues have fallen dramatically you know.

high prices mean the tourism industry has been hit hard he certainly not the result well when we first joined out but every club has its leaders and what they say apparently case even if they're the ones who could you into trouble in a place used to be created. or the countries are. generally the greek bonds are as good as german born so. made possible for greek. or offer much money so they can maybe clinch repeating this time it's led many of bayh's it so eager to join the euro gang feeling they're now simply being pushed around there. back in. but france has been warned by the international monetary fund that it needs more cuts to avoid becoming the next victim of the debt crisis now i'm f. it says the country's credit rating could be at risk if austerity measures are

taken economics or for patrick young bodies price develops its problems longer. the problem is look these aren't things that have just happened suddenly i mean the french budget deficit has been in a deficit but french budget since one nine hundred seventy four i mean leaves are things that have been going on for thirty or forty years it's absolutely ludicrous and truthfully governments need to stop spending and they need to be very realistic avoid their budgets there are fundamental to 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 outwit it 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 on their saw their neighbors 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 enjoyed closer to the idea of a total euro meltdown. well still to come on the program dangerous connections the libyan rebels on their commander killed hours after his alleged ties to gadhafi regime were called into question. you take a look at the israeli protests taking inspiration from the arab spring wondering if it's another government. or sorries due to release the results of its investigation into a presidential plane crash in western russia last year polish president lech

kaczynski and dozens of the country's political elite were killed in the accident. joins us live now from. let's see what findings are we likely to see in potence report. well judging by the information which had leaked into the media prior to the publication of this report in full and we understand that your soul is expected to confirm the results of the russian investigation which was published earlier this year stating that it was the crew of the presidential plane which crashed in the city of smolensk in russia in april last year which is to blame for the tragic for the tragic plane crash we understand that report will say that the crew was both very low qualified and the main reason for this plane crash was that the crew refused to. acknowledge the warnings of the traffic air traffic controllers in to land in a different airport because of very poor weather conditions in that city we

understand that the country's interior minister has already hinted that the report would be very painful for poland to come to terms with but still this is the result of the polish investigation something which the country has been anticipating for. for for both for very many months and clearly we are expecting that the report will be published within the next hour or so. alexy remind us what led to the tragedy according to russia's probe into the plane crash and wanted to provoke such strong criticism from also. well after the plane crash on april the tenth twenty or twenty ten which killed most of the country's political elite ninety six people including the presidential couple and his wife maria when russia started the investigation poland and some parties and the nationalist parties including the party of the brother of the former president also were accusing more school of

holding back facts and concealing information and stalling the investigation so these parties demanded that war so should hold its very own investigation at some point of time even prime minister to screw is known to be in very warm ties with moscow he was also criticizing russia for the way it was handling the investigation but still we understand that after the investigation by poland started russia was also taking part in. assisting the polish investigators providing all the needed documents and now this report which is due to be published within just the next several hours is due to be to put paid to all the speculation as to whether a russian air traffic controllers were to blame for this crash and clearly what we are expecting from this report is that poland will accept its responsibility for the tragic plane crash of april tenth it went through two thousand and ten. thank

you for that update. well david lemond who's the operations and safety editor at flight global magazine says the reasoning continued is because poland was so devastated by the tragedy. the investigation that followed was was almost painfully thora. i think the 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 of the facts that they found but they were and 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

by i can't really see why this investigation is continuing the accident 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 say 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. well for more on that you can log on to our web site at r.t. dot com you can find out more about the russian led investigation into the polish

plane tragedy also lined up for you online right now discover what f.b.i. in the region massacre suspect and breivik. does the mercury heads for forty degrees celsius and we see how people throughout the city are dealing with the heat. are of spring or european style discontent israel is the latest scene of nationwide mass protests dozens of tent cities are paired across the country as thousands take part in rallies to demand the government provide cheaper housing and lower the cost of living the biggest protest yet. is planned for saturday night but it's only the beginning according to . the executive director of the association for civil rights in israel. what we've seen in recent weeks is an unprecedented wave of demonstrations all over the country unprecedented growth in its scope so far the protest has been very

peaceful very targeted and very energetic and it is only the beginning of a process that is now emerging in israel because one of the most interesting aspects of the potus so far it's been its insistence on saying what is wrong with the current reality but at this stage yet not committing to any specific solutions and it's also gradually evolving into including a larger knowledge of a number of palestinian israelis well much of the disparities in the economy actually concentrated unusually it was a very jewish person that is changing and that is also an essential critical and again very optimistic and very just development in the proudest much of the criticism has been targeted at the prime minister netanyahu but not only him and in fairness it should be said that the policies that has brought israel's economy to where it is are not only the policies of this guy in government this government may

have pushed it to the extreme but this is the doing of much more and in the past two years of economic policies. libyan rebels have declared three days of mourning after their military commander in two days aides were killed. eunice was gunned down hours after rebel forces and with the best of him over his family suspected ties to ko gadhafi regime and this appears foreign minister before he came to the levels at the beginning of the revolution the national transitional council blames the heat on the office supporters into what is good responsible the exact consequences of that will depend on how deep the commanders on edge connections really right that's according to what it's pharisaic guys or to american security terrorism. the consequences. his killing could be either short ramification or vast ramifications if indeed he was only and indeed if you or even

a high ranking official who had still relationships with the darfur regime then his killing would be it would be the end of the. if it's the other case is he and others inside the council the interim council of the bin garciaparra or have been in opposition to another force a militia force it could be other little opponents it could be the militia of the jihadist or another tribe if the case is the problem then the concern is more serious in the west that there could be more clashes in the future and one mentions within the military can 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 but heavy blast at a coal mine in ukraine's eastern lugansk region has killed at least sixteen people explosion happened overnight almost a thousand meters below the surface twenty eight miners were underground and ten of

them are still missing and still not known recalls the blast ukraine's energy minister visited the site of the disaster and he's leading the rescue operation. they says the commander in kosovo says the nonsmoking dollar presence at the border with serbia to quell possible thanks of violence clashes erupted at one of two disputed border crossings about two hundred cents to fire bombs and night stand next season's ones to tell you it's nice to take over the crossings working exports from the breakaway region and nato peacekeepers moved in to stop the violence coming under fire princess political analyst examine the average belgrade says serbs to feel they're being treated as an unwanted minority that a student of his they're. trying through they're trying to force some unilateral moves in order to change the reality on the ground to change the reality as it was

as it is under u.n. resolution security council resolution twelve forty four always thought the session is for public so in other words the serbs tore down of course those who believe themselves to be part of serbia and they're acting in that capacity now the western states and mostly nato states that have recognised course the war treating them as a minority but we must remember that the key to the situation of course it was really in nato hands to take control militarily the entire province so really whatever happens there is under their control and it's something that they will tolerate or not tolerate we must also remember with the burning of the border checkpoint we still don't know who actually did it these were masked men who really could have been any nationality we don't know whether they were serb albanian or french or a very american we just still don't know that. well some other world headlines for

this hour. at least six people were killed when peacekeepers opened viral building military style is credited producer balance work out as african union attempts to supply eight of g.'s. somalia is the mists of god starvation relief efforts as a threat to their forty forty two million somalis are receiving food and water in it and controlled areas. u.s. and north korean diplomats met for several hours in new york for the first time since two thousand and nine both sides expressed satisfaction of the talks describing them as serious and businesslike held in a straight meeting which will continue on friday is aimed at reviving the stalled six party negotiations on the north's nuclear program tensions have been escalating on the korean peninsula since the sinking of a south korean naval vessel growth march last year.

russia's between thousands of homeless people are nice and well to the north in argentina at least three people reportedly killed and dozens of others wounded skirmishes broke out of the protesters occupied land i don't think should be before demanding somewhere to live rather to build outs such seizures aren't rare in argentina or the stricken groups often use extreme measures to get financial aid. but as well in president hugo chavez insists he is funny and become cancer remain in power for two more decades announcement came amid that celebrations for the leaders of the seventh birthday in front of his palace in the capital caracas chavez saluted the crowd of supporters saying live for another fifty seven years he did however warn he'll soon lose his as a result of chemotherapy. now researching the sun that could save lives on earth many scientists believe bursts of so their activity contribute to

actual disasters are not planets but until now the star has been too difficult to reach or explore in any detail it seems that with this one off with some russian research as you think they have the same mission. 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's seesmic activity coincides with the rise of activity on the sun scientists have been witnessing j. get it bursts of plasma on its surface and say they are affecting our planet even though it's over nineteen million miles away each burst sends billions of particles

into space which impacts the earth's magnetic field and isn't a trigger some of the processes going on deep below its surface leading to earthquakes and volcanic eruptions scientists predict solar activity will only increase and say in the next few years a large scale disruptions often l.-a tronic equipment or radio transmissions computer failure spend massive blackouts could become part of everyday life the sun is clearly monitored either by stations on the earth or in orbit but sending a probe four times closer to the store would be far more helpful and it would mean on the science 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 measure its temperature density in magnetic fields we're making it from scratch no never done this before. the input

of gilleo zonked as it's called is said to be launched my twenty fifteen of course it won't be able to control the stars activities but it could at least to give a heads up to humanity before disastrous choice you've got this kind of party moscow. for cutting edge science in the service of humanity he wants the latest technology update program coming up at nine thirty g.m.t. bassist edition looks at how energy will be supplied for school and seconds ahead. well. let me see a big splash in the world of. what turns it science into i still don't understand all these these guys the fall of russian leaders to eat your betters abroad the big breakthroughs that. supply going on.

here. we go to the future cover. the basement is up next. either a ball comes with a business program here on our t.v. russia's biggest lender spare block is one step closer to acquiring folks back international or the supervisory board of the european company has already approved the sale of the bank's reached agreement earlier this month but no details were provided analysts estimate the takeover at around seven hundred million dollars it's not about wanting to finalize it by the year end the acquisition is aimed at helping the russian company expand its of pivoting in the eastern european market. and russian cards lined up to start a profit for its french shareholder rono for the first time all the carmaker managed to squeeze thirty seven million euros out of its affiliate in the first half of the year that compares with a fifty six million euro waltz at the same time

a year ago while the whole of her group reported a fifty six percent jump in first half profit. and there's going to be petrol in the pods for all those slot us to run our energy minister sergei schalke zero explains what the government is doing to avert a repetition of the gas crisis earlier this year. the procedure before you there is no risk and if you need deficit in the country we are keeping the ninety percent product exports and to meet him we also said you have a reserve system with which with the refining industry we plan to reserve about two million tons of fuel. which will help to secure the smooth operation of transport in the market but let's take a look at the markets now precious metal prices are down this hour however they are still high as investors look for a safe haven due to a certainty over u.s. debt resolution and that's after republicans counseled a vote of the deficit reduction climb. looking at oil prices their mix this hour

however they are still under pressure as the un resolve u.s. debt ceiling debate chipped away at investor confidence you can see light sweet is currently trading at ninety seven dollars per barrel while branches at one hundred seventeen dollars per barrel. over to asian markets they're in the red as the u.s. debt impasse keeps a broad market sentiment in check and exporters are under pressure on the nikkei as the dollar extended its fall against the yeah well then tendo plunged twenty percent after reporting a quarterly loss of over three hundred million dollars and meanwhile financial stocks are among the main losers in hong kong the industrial and commercial bank of china down one point three percent. and we have here in moscow both the r.t.s. and m i six raised to thursday's gains at the very start of the trading day market players follow the global uncertainty over the u.s. debt resolution. and looking at some individual moves on the my sex energy majors

are among the main losers the middle weaker crude is half a percent nafta is losing one point three percent bucking the trend is powered generator into a rout it's three percent of the black this hour. that's off of the business news this hour you can always go to our team dot com forward slash business for more in the meantime headlines is next with carrie.

a man of them a. fish .