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 that has very little purchasing power because ben bernanke is going to write off the printing press the sooner the chinese start to stop enabling this phony economy that we have the 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 standards of living. well in europe small countries like the republic of slovakia feel their economies being crushed under the weight of the euro currency crisis with bailouts for us member states need to be paid for nations like slovakia are feeling the pinch as artie's sarah 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 may be one of the poorest countries with pressure from the e.u. to participate in the second bailout their money could soon be going to greece it on them i'll tell you what joining the euro zone brought responsibilities but not benefits in fact slovakian pensions a significantly lower than days in greece people here at this hey michel to tell us they barely cover their food costs with the money they receive we have to now. deal with homelessness we have to reform our pension system our health care system this is not never enough money. that back in two thousand and nine when slovakia joined the here is a it was such high hopes it was also kind of prestige or to be the first one among her hungry and checked republic polish people read about first one from central

europe to be you know into zero club back the year using it seems isn't all it was cracked up to be as we join the euro zone there was this month that was saying but that's of one country liability of just this one country in may two thousand there and the rules changed dramatically days like that of the year a gang may well now be breathing a sigh of relief if that may bring not only here easing countries have felt the benefits slave actual peers have been heading to their check out in a bid to escape the year a we come just across the border fence the back yard to the czech republic where the superstore. let's doing a been in 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 vacuous 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 gays even if they're the ones who got you into trouble in the first place you see be created this is the reason that all of the countries in europe on our. homeward journey the greek bonds are as good as german bonds so. make it possible for greet. the world so much money the market may be contributing this time it's left many of those at first so eager to join the euro gang feeling they're now simply being pushed around sarah r.t. so back in. france has been warned by the international monetary fund that it needs more cuts to avoid becoming the next victim of the debt crisis the i.m.f. it says the country's credit rating could be at risk if austerity measures are taken economics author patrick you know these paris to vet these problems long ago 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 thousand nine hundred seventy four i mean these 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 and there are fundamental 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 amputate 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 out 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 libyan rebels are more in their commander killed dollars of his edged raised his regime was called into question. and to take a look at the israeli protests taking inspiration from the arab spring worrying the netanyahu government. the crew of the polish presidential plane which crashed in western russia last year a grievous mistakes during the landing approach that's according to warsaw that investigation into the catastrophe which killed president-elect kaczynski and dozens of the country's political elite the findings also suggest the politics of the warnings to. cruise and alligators are not fluent in russian reports today

however conclude that the russian side didn't properly inform the crew about the harsh weather conditions also suggest the airport where the presidential plane was heading wasn't ready to provide a safe landing fees like see he has more from warsaw this report which basically publishes the results of the investigation held by the polish side has been very long anticipated in poland it took almost a year to compile it and 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 april the tense twenty or twenty ten which killed most of the country's political elite ninety six people including the presidential couple years 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 in the poland nationalist parties including the party of the brother of the former president also kaczynski were accusing moscow of holding back fire. 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 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. first off for dubrovnik airlines says operating under heavy pressure forced the pilots to violate flight safety rules and that was unacceptable . what he's stressed about this actually is that this is a very typical controlled flight into terrain or station x. and basically this is how come all over the world why new york times and unfortunately it seems that it will happen again when you have several factors that make you want to get there on time sometimes some pilots are willing to know what you should legally do and why should what they should reason and you know this is not counting or wait i'm sure these guys were absolutely on and they could handle close by but they managed to ignore several warning signs that were just not supposed to be ignored and actually just occasionally found that they would have gotten out of it had the commands to go around they basically missing the truck

started to climb again as low as forty meters and. they didn't even try to try to ten meters which is way too late. so this unfortunately this kind of action has been seen all over the world and i'm afraid of few years down the line will seem to be so in my opinion as a civilian pilot who are its big jets bigger or examples where it's under various meterological conditions i do not being disappointed and even. more on that taken out on top website r.t. dot com where you can find out more about the russian that investigation into the polish plane church also lined up few right now online to discuss what the f.b.i. and the legion not sick a suspect and as private as uncommon. as the mercury heads for forty degree celsius in moscow you see how people throughout the city are dealing with the heat.

arab spring or european style discontent israel is the latest scene of nationwide mass protests thousands are taking part in rallies to demand the government provide cheaper housing and they're worth the cost of living with a guest protest yet the intent of this is planned for saturday night let's cross live now to us is a palestinian israeli journalist for more on this story 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. well 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 pete had actually five point one percent and still face the process

as well as 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 your thirty fifth you people who are protesting and there's a couple for example who both have a great jobs one is a graphic designer one. is an engineer and they had one baby and they can't 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 israeli government has cut a lot of the social services not only this government but actually recently you governments both left and right social services but kept taxes very high in that translated the reality on the ground that people cannot make a living anymore but you mentioned egypt there are all these protests same to coincide 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 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 the people want social justice in egypt there was a people one day end of the regime in palestine was people want the end of division so you can see a lot of parallels but also if you look at how the protesters started it's almost identical to how it started in egypt and internees and other places started through facebook somebody who made a post on facebook through social media that's how people organize it was organized completely in the beginning by the young people in his old student people who feel that they have no future people who feel who can afford living here so there is a lot of parallels and things that people in israel they are going to israel are

learning from the process that happened in egypt one thing that's why they are being successful at the moment some might say these protests are a 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 trips to few countries overseas because he realizes the importance of what's happening the big mistake that arab leaders have done is ignoring such as mubarak is ignoring these protests and brushing them off as unimportant or not really realistic bibi is realizing that and i was realizing that this is not the way to go forward and he's trying to figure out ways to deal with it because the government could definitely fall in israel and these are ground and i think he is in danger especially that the protest is growing recently twenty percent. approval rating went down twenty

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

and more sustaining the settlements rather than caring for the majority of the population who actually oppose the police and opposed to patients and control proper so that the problem here though is a still many israelis have not been able to make that connection and the more and the sooner israelis make that connection realize that the accusation affects their daily life affects the pennies that the government spending the money the government spending in the west bank verses in israel i think you will see a real revolution and. chaos is out of the ceremony that there for now thank you. libyan rebels have declared three days of mourning after a military commander and two of his aides were killed so far to eunice was gunned down hours after rebel of dorothy's had reportedly arrested him over his family suspected ties to kill gadhafi regime units had been libya's foreign minister before he defected to the rebels at the beginning of the revolution the national

transitional council blames the killing on the death of supporters of the progress to the head of the group responsible for the consequences of the murder to end on how deep the commanders allege connections really ran that's according to one of the fires of the term there because antiterrorism caucus. the consequences of his killing could be either short ramification or vaster mitigations if indeed he was only an individual or even a high ranking official who has still relationships with the gadhafi regime then his killing will be it will be the end of the. 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 of course a militia force it could be other little two opponents it could be the militia of the jihadist or another tribe if the case is deeper than the concern is more

serious in the west that there could be more clashes in the future or more 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. kamandi and cost of a says the alliance will keep a military presence at the border with serbia to quell possible new outbreaks of violence clashes erupted at one of two disputed border crossings or about two hundred serves through five bombs and set light to customs post it was in response to any and so the police to take over the crossings blocking exports from the breakaway region and they tend peacekeepers moved in to stop the violence coming under fire in the process little analyst on examine the. great serbs feel that in treated as an unwanted minority on land they stood with god is there and. 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 un resolution security council resolution twelve forty four of always tell us the session is for public so in other words the serbs or 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 recognized course you are 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 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 or even american we just still don't know that. a couple of

other headlines for you now. thousands are again that gathering on to her square in egypt five months after the jena princeton hosting the barack demonstration has been organized by liberal parties who want a secular group died lines from question protests is also want an instant trial for the barack and his allies have one now before cairo court next week. at least six people were killed when peacekeepers opened for a long time hiding militants in somalia's capital mogadishu broke out as a community tends to supply aid to famine refugees well and put small is islamists regard starvation the fact that as a threat to the authority altered two million somalis are receiving food and water with bullets and control there is. now research in the sun the could save lives on

earth but he scientists believe bursts of so their activity contribute to natural disasters are not that it but until now the star has been too difficult to reach to explore any details on this can offset some russian researchers 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. unfortunately we're expecting more severe catechisms 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 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 impact the earth's magnetic field this may 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 failures and 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 may not be science fiction much longer thanks to a project currently being developed by the russian academy of sciences will mark that this is going to be like a thermometer which would fly close to the sun temperature density in magnetic fields when making it to scratch no one's ever done this before. the into the

gallows aunt as it's called is set to be launched might 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 be. you get. the more cutting edge science in the service of humanity you can watch our latest technology update program about how energy will be supplied for all of us that that's in a few minutes time first. hello and welcome to the business news here on our first russia's biggest lenders their bank is one step closer to acquiring vokes back international a supervisory board of the european company has already approved the sale well the banks reached agreement earlier this month but no details were provided. to meet the takeover at around seven hundred million dollars 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. and russian card has stirred a profit for its french shareholder renault for the first time while the carmaker managed to squeeze thirty seven million euros out of its affiliates in the first half of the year that compares with a fifty six million loss at the same time a year ago the whole renault group reported a fifty six percent jump in first half net profit. and 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 be uncertainty over the u.s. that resolution that's after republicans canceled a vote on the deficit reduction while. looking at oil prices now they're 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 brant is one hundred seventeen dollars per barrel. asian

markets also in the red exporters are under pressure on the nikkei as a dollar extended its fall against the japanese yen once twenty percent after reporting a quarterly. three hundred million dollars meanwhile the national stocks are among the losers of home call with a commercial bank of china down one point three percent. and it's not looking too good. could spain on a possible downgrade banking stocks are leading the fall with shares of three point one percent and lloyds is three percent. greater vodafone rose three point seven percent. and here in bosco the markets erased thursday's gains will be down around point eight percent this hour the market players follow the global uncertainty over the.

individual bits of advice x. or oil majors are among the major losers admitted weaker crude losing almost two percent this hour banking stocks are also under pressure with bad moscow down point eight percent the company reported a two and a half billion dollars loss last year. as power generator into getting almost four percent at this hour. that's all the business for now you can always get more. forward slash business in the meantime stay with the headlines.

feel. the limits to feast sleep. six a. chance. the

headlines for you now have r.t. america's biggest creditor china is out of washington putting the global economy at risk by not reaching agreement to keep its debt in check. both the polish crew and air traffic controllers and small responsible but late president kaczynski plane crash in western russia that's according to reports this point was looking into the cause of last instance from. libyan rebels mourn their commander gunned

down the hours after his family's ties to gadhafi regime are called into question. promises extra troops for the border between serbia and kosovo. outbreaks over a controversial export. start to delve into the world of scientific research and breakthroughs with the latest edition of technology update. hello and welcome to technology update are you tired of paying those overblown electric bills at the end of each month this could be the answer you've been waiting for a lot of the energy and with it a lot of the harder and cash gets burned by crummy old incandescent light bulbs but

what if i could get you a lot more light and waste way less water in the process and up and coming russian company is just open a huge new production facility to help make that energy efficient dream a reality. doesn't meet my sleazy sales pitch brainchild of a trio of russian scientists was born abroad and is now returned to russia to have been on a shiny new factory at the outskirts of st petersburg aside from being a happy homecoming assembly line launches a big step in russia's attempts to modernize its economy and go green at the same time. the capacity. is the highest. in russia countries and in eastern europe we can produce today so. it's equal to. we'll cover.