joined people to the village the gateway to the grand imperial through the george weston to school until you can a web search will return civility to go. read this and the colonel was original as a treat. 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. eurozone dream turned sour as a cost of dealing with the currency crisis undermines the promise of the prosperity as an e.u. member. of polish reporting to the plane crash that killed the nation's president concludes the crew training and made grievous mistakes on landing. russian scientists claims keeping a close eye on the sun could help to predict when natural disasters are about to

strike the. ball in business we're seeing a lot of bread today across markets around the u.s. that price is still on the minds of investors but also some good news their bank is a step closer to a party vote bank international itself coming out of this is probably. one pm here in moscow you're watching r.t. and carried out the top story now the country which holds more u.s. debt than any other has hit out at the failure of congress to beach a deliberate debt ceiling china says the political deadlock in washington threatens the entire global economy so far republicans and democrats how did they the vote have been limiting for the country as they haven't agreed on by the budgets have until tuesday to avoid. tension devastates and defaults better in the week u.s.

secretary of state hillary clinton was in beijing to reassure asian leaders that won't fall back on its debt payments and to shift from this one company pacific capital thanks china could well done but the other is its main is a cone saying 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 to the chinese or for a loan just politically it's just not going to happen and especially when interest rates rise i'm surprised and taken the chinese so long to figure out 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 the problem is the debt not the ceiling the ceiling maybe is a solution but unfortunately it's going to be raised open really to 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 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 loaned us or when you paid back it's going to be with mine it has very little purchasing power because ben bernanke is going to write it off pretty breast the sooner the chinese truck stop enabling 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. well in europe small countries like republican slovakia feel their economies being crushed under the weight of euro currency crisis with bailouts for eurozone member states need to be paid for. feeling the pinch as artie's sara firth reports critics there say the rules have changed your membership failing to live up to its promises. they say that charity

starts at home also a vacuum made you want the poorest countries pressure from the e.u. to participate in a second bailout their money could soon be going to greece we told them and i'll tell you what joining the euro zone brought responsibilities but not benefits in fact slovakian pensions are significantly lower than days in greece people here it is hey michel to tell us they barely cover their food costs with the money they receive they have to. deal with homelessness we have to reform our pension system our health care system there's never enough money . back in two thousand and nine when slovakia's doing be here is it was such high hopes it was also kind of i could be the first one hungry and bubbly. we did for everyone from central europe to be you know if you're

a club that the year is going it seems isn't all it was cracked up to be as we join your of on there was. one pound three. just this one country in may two thousand and the rules changed dramatically days like that of the year you gangly well now be breathing a sigh of relief it may bring not only a year easy in plenty to fill the benefits laid back shoppers have been heading to bear checkout in peace to escape the year and we come just across the border from the backyards of the czech republic where the people store. doing a building 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 vacuums retail revenues have fallen dramatically and the high prices mean a tourism industries have been hit hard certainly not the results hopeful when we

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 used to be a creative. all the countries are. doing the. german so. make it possible for greek. the world so much money to like him made a contribution this time it's led many of basic so eager to join the euro gang feeling they're now simply being pushed around. i think he said like you france has been warned by the international monetary fund that it needs more cuts to become the next victim of the debt crisis the i.m.f. says the country's credit rating could be at risk before starting measures are taken economics author patrick young believes past about these problems longer. and the problem is 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 leaves are things that have been going on for thirty or forty years it's absolutely ludicrous untruthfully governments need to stop spending and they need to be very realistic about 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 outreach here 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 their solve 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 entered closer to the idea of a toll call be a real meltdown. well still to come on the program a dangerous connections they've been rebels form their commander real dollars of his own edged ways to conduct this regime called into question. and take a look at the israeli protests taking inspiration from the arab spring a very wet and young government. the crew of the polish presidential plane which crashed in western russia last year a grievous mistake strewn with one thing approach that's awkward to also investigation into the catastrophe which killed a president elect thousands of the country's political update the findings also suggest the politics of all the warnings to florida. international report

however. russian side. without the harsh weather conditions. suggest the airport station was getting wasn't ready to provide a safe landing. chastain has no from. this report which basically publishes the results of the investigation held by the polish side has been very long and to separate it in poland it took almost a year to compile it and it took more than a month to actually translate the report into russian and english 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 well after the plane crash on the table the ten to 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 making it clear that it was the crew of the presidential airplane which is to blame

for the tragic plane crash along with the weather conditions along with a poor qualification of the flight crew poland and some parties and the nationalist parties including the party of the brother of the former president were accusing more score for holding back facts and concealing information and scolding 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 paul and started russia was also taking part in assisting the polish investigators providing all the needed documents and now this report is due to put paid to all the speculation as to whether a russian air traffic controllers were to blame for this crash the press conference which announces the results of this investigation this report is happening now as

we speak and the certainly we'll be bringing you all the details as the press conference comes to an end and we'll be updating our viewers with all the latest information. right there that chest first officer from the tip of the headlights says operating on that heavy pressure to force the pilots to file a flight safety rules and that was unacceptable what this distressed because it's actually it is a very typical controlled why can't the trainer seek an accident basically this is how come all over the world the new york times that unfortunately seem to fit what happens when you have several have to meet you want to get there on time and sometimes some pilots are willing to know what you should legally do under russian what they should reason and you know this is not done in a time sure. you could have requests but they managed to ignore several warning signs were just understood not supposed to be ignored by the i should just be patient found people have got inoperative had to commence to go out and we

basically misread the trucks starting to climb again as low as forty meters but they don't even try to try to ten meters which is way too late. so this unfortunately this kind of an arson has been seen all over the world and. to put in a few years gone by i don't think i want to be so in my opinion to go in iowa who are earning big jets and bigger or examples who are birds. meterological conditions i do not being disciplined should be you know. 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 investigation into the polish plane tragedy also lined up a few right now online discover what the f.b.i. and norwegian massacre suspect on this breivik uncomment. does the mercury heads for forty degrees celsius in moscow you see how people throughout the city are dealing with a hint. of

arab spring or european style discontent israel is the latest scene of nationwide mass protests that thousands are taking part in rallies today around the government provide cheap housing and there are the cost of living biggest protest yet. planned for saturday night let's cross live now to us is a palestinian israeli journalist for more on this story and thank you for joining us here on r.t. now israel has a low unemployment rate g.d.p. is growing and economic performance is pretty good overall so why are people protesting. but you are right israel has a great economic accomplishments recently but it doesn't really translate to the ground meaning that despite the high g.d.p. egypt also had a high g.d.p.

it had actually five point one percent it's still face the protestant israel is in similar situation for example two thirds of the poor in israel are working poor people who are working every day people who have a great jobs and still are not able to go above the poverty level so that's a reason that people are coming out of the street i was listening to secure thirty few people who were protesting and there's a couple for example who both have a great job one is a graphic designer one. is an engineer and they had one baby and they can make a living in television so despite the growth in g.d.p. it doesn't really translate on the ground the prices are incredibly high there's really government cut a lot of the social services not only this government but actually recently you governments both left and right cut social services but get taxes very high and that translated the reality on the ground that people cannot make a living anymore but you mentioned egypt there all these protests and coincides with the revolutions we've seen in arab states is there any connection at all.

oh absolutely there is a connection i think the reality that people it is all just like everywhere else so that people the actual people can make a difference and can make a change and it's very important if you look at the chance of people had in the last a few days in tel aviv and other places they were using the same rhythm the same chance almost that in egypt people use such as speak the people want social justice egypt there was a people one the end of the regime in two thousand was people one the end of division so you can see a lot of parallels but also if you look at how the protests started it's almost identical to how it started in egypt and in tunisia and other places started through facebook somebody who made a post on facebook through social media that's how people organize or was organized completely in the beginning by the young people in his old students people who feel that they have no future people who feel who can afford living here so there's

a lot of parallels and things that people in israel they and israel are learning from the process that happened in egypt one thing that's the key of why they are being successful at the moment some might say these protests are developing threats to binyamin netanyahu government would you agree with that. yes absolutely and i think he he realizes that this is a threat he was supposed to be overseas this week and he canceled his trip to few countries overseas because he realizes the importance of what's happening the big mistake that their arab leaders have done is ignoring such as mubarak is ignoring these protests and brushing them up as unimportant or not really realistic bibi is realizing if any of us realize and this is not the way to go forward he's trying to figure out ways to deal with it because the government could definitely hold its role and these are ground and i think it is in danger especially that the protesters are growing recently twenty percent. approval rating went down twenty

percent in just one week over eighty percent of people are supportive of those profits so these numbers are very scary to be even if any are. now israel is continuing of course to focus on settlement building in the west bank is there or could there be a connection between israel's occupation there and these protests. yes absolutely there is a strong connection while israel has been under building in tel aviv in haifa in all these major cities and israel is or have been overbuilding in the west bank for example fifteen percent according to the peace now report fifty percent of its all public building budget had been going to building in the settlements in the west bank which only consist of four percent of its real population when you overspending three four times more than the population need in the west bank well underspending in israel proper that tells you israel's strategy and that tells you that the focus of the israeli government at the moment is more sustaining the

occupation more sustaining the settlements rather than caring for the majority of the population who are actually opposed to finance and opposed to patient and control proper so that the problem here though is the still many israelis have not been able to make that connection and the more and the sooner israelis make that connection realize that declaration affects their daily life affects the pennies that the government spending the money the government spending in the west bank verses and does well i think you will see a real revolution in israel ok asses out of south africa thank you. well they be in the rebels have declared three days of mourning after their military commander and two of his aides were killed so far to eunice was gunned down hours after rebel authorities have reportedly arrested him over his family suspected ties to coded off his regime in this country in libya's foreign minister before he defected to the rebels

a beginning of the revolution the national transitional council blames the killing on gadhafi supporters claim to have progressed to the head of the group responsible for consequences of them but both of them don't know how deep the commanders allege connections really ran that's according to one of the paras advisor to america's antiterrorism caucus. the consequences of his killing could be either short ramification or vast dramatic ations if indeed he was only an individual or even a high ranking official who had the relationship with the gadhafi regime then his killing will be the end of the. it's the other case is he and others inside the council the interim council of the bin guards you coward have been in opposition to another force a military force it could be other military opponents it could be the militia of the jihad it 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 or more tension 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 most likely nato command would want to be part of these investigations. the commander in cos a verse says the alliance will keep a large military presence on the border with serbia to quell possible you outbreaks of violence clashes erupted at one of two disputed border crossings or about two hundred serbs to fire bombs and set light to a customs post was in response to the. at least take over the crossings looking exports from the breakaway region and the peacekeepers move in to stop the violence coming under fire in the process little analyst alexander in great serves feel that being treated as an unwanted minority led by a student god is there and. they're trying to 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 un resolution security council resolution twelve forty four that always still is the session is three problems so in other words the serbs tore down in kosovo still 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 the war treating them as a minority but we must remember that the key to the situation in kosovo 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 we must also remember with the burning of the border checkpoint he 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 or even american we just still don't know that. a couple of

other world headlines for you now thousands are again the gathering here square in egypt five months after the president was in the barrel. demonstration has been organized by liberal parties who approved guidelines for question tuition protests there's also want an instant trial for barack and his allies have before higher court next week. at least six people were killed when peacekeepers opened hiding militants somalia's capital punishment ralitsa broke out as a community tends to supply aid to famine refugees were somalia is the mists regard starvation the fact it says a threat to their authority faulted two million somalis are receiving food and water and militants from various. barras searching the sun could save lives

on earth and the scientists believe best serve so their activity contributing that'll disasters are about it but until now the stars being too difficult to reach are explored in the detail. that some russian research is you think they have the solution. of volcanic eruptions. earthquakes. tsunamis. apocalyptic pictures like these are becoming an ordinary port of news bulletins across the globe and scientists aren't giving out we sure in four minutes from now usually. unfortunately we're expecting more severe capitalism's which may lead to large scale human losses understructure i'm talking about evil possible shift of the centers of our entire civilization you know the change in the earth's seas making activity coincides with the rise of activity on the sun scientists have been witnessing j. gave the burst of pliers not on its surface and say the are affecting our planet

even though it's a renamed the million mom. so we each word sends billions of particles into space which impacts the earth's magnetic field and its needs reduce some of the processes going on deep below its surface leading to weeks and eruptions scientists predict solar activity will only increase unsane the next few years large scale disruptions author alan tronic equipment radio transmissions computer feel yours and nasa blackouts could become part of everyday life the sun is securely monitored either way stations on the earth or in orbit but sending approved four times closer to the store would be far more hopeful and it means science fiction much longer they still project currently being developed by the russian academy of sciences. this is going to be like if a monitor which would fly close to the sun my image is temperature density and

magnetic fields will making it will scratch livability a little. going to give you a zone as it's called is set to be launched way twenty fifteen of course it won't be able to control the stars activities but it could at least give a heads up to humanity before disaster strikes it's going off towards the moscow. and therefore more cutting edge science in the service of humanity can watch our latest technology update program about how energy will be supplied for all of us decades ahead that's in a few minutes time. hello and welcome to the business news here on r t first russia's biggest lenders their bank is one step closer to acquiring vokes bank international the supervisory board of the european company has already approved the sale of the bank's reach agreement earlier this month but no details were provided by analysts estimate the takeover

at around seven hundred million dollars with their bond blatting to finalize it by the end of the year the acquisition is aimed at helping the russian company expand its activity in the eastern european market. or russian car drive off the bus has stirred a profit for its french shareholder wrote for the first time while the carmaker managed to squeeze thirty seven billion euros out of its affiliates in the first half of the year that compares with a fifty six million euros loss at the same time a year ago the whole row group reported a fifty six percent jump in first half net profit. let's take a look at the markets precious metal prices are down this hour however they are still high as investors look for a safe haven due to the uncertainty over the u.s. that resolution that's after republicans canceled a vote on the deficit reduction while. looking at oil prices that are also down this hour as the problems of the u.s. chip away at investor confidence light sweet is currently trading below ninety

seven dollars per barrel while brant is at one hundred seventeen dollars per barrel . asian markets also if the red exporters are under pressure on the nikkei as the dollar extended its fall against the japanese yen just to watch the money for sent out the reporting of course a week that's a loss of over three hundred million dollars meanwhile the national stocks are among the big losers of hong kong with a just real and commercial bank of china down one point three percent. it's not looking too good in europe as well as moody's rating agency has put spain on a review for. possible downgrade banking stocks are leading the fall that shares index should down to three point one percent and lloyd's is three percent in the red mobile operator vodafone rose three point seven percent of after its u.s. joint venture for rising said it would pay its dividend. and here in bosco the markets to raise thursday's gains will be r g s down around point eight percent this hour the market players follow the global uncertainty over the u.s.

debt restitution and looking at seven digit leads of advice x. all majors are about the baby losers admitted weaker crude just losing almost two percent this hour the banking stocks are also under pressure with bad moscow down point eight percent the company reported a two and a half billion dollars that loss last year while bucking the trend is powered generator into rao it's getting almost four percent of this sector. it's all the business for now you can always get more of our forward slash business in the meantime save our teeth for the headlines. six.

of them if. it's just simply it's. just some sci. fi. coming.