all. india is available in the move to join people to. the gateway hotel the grand imperial truly the george west coast coromandel you can go with her tell

her to sit down to go and. read this in the kennel was her job as a retreat. washington agrees on measures to avoid a default turned and debt crisis which is weighed heavy over america while president obama reports on the deal success of the plan to save the country from economic collapse is criticised for failing to solve the nation's long term financial woes. the west threatens to punish the syrian regime for the latest round of crackdowns on protesters which reportedly killed more than one hundred people on sunday some experts warn that foreign interference roommate matters worse. alarming tendencies estonia's nazi s.s. veterans and supporters hold rallies activists say the glorification of nuts is and will give rise to nationalism and xenophobia cross your.

career watching r.t. live from moscow welcome to the program u.s. lawmakers have finally reached an emergency deal to avoid a disastrous debt default after weeks of political bickering and stalemate if passed by congress the two step compromise and that american borrowing to continue after tuesday in exchange for more than two trillion dollars in federal cuts in the next decade the deal was struck the barack obama held last ditch intensive talks with democrat and republican leaders. when increasing america's debt limit however the political struggle is far from over and the key issue of how to balance the budgets being put off for a later date when you cross party congressional committee will be set up as part of the deal to advise on cuts including tax reform medicare and social security but

has a report now reports that torturous and lengthy road to reaching agreement has damaged america's reputations. help us avoid the fall debt ceiling nation default and this crisis time's running out the entire world is watching it's been a public spectacle filled with bickering grandstanding and lack of compromise i devise of debate over raising the u.s. debt ceiling created an unprecedented climate of uncertainty over america's so-called sound economy the damage been done no matter what happens now everybody really thinks the united states isn't so secure it isn't so safe even if the craziness subsides it seems to have gotten real close and who knows whether next month next year this won't blow up again since the underlying causes economic problems are getting worse in this country four point five trillion dollars of america's borrowing is owed by foreign countries experts say washington's

mismanagement may cause investors to abandon the devalued dollar and their partnership with america it's like being married to someone does. if they were jerks you want to know what i do how much can i put up with this relationship the u.s. will be in for a long time the only game in the your community is making noises chinese making noises were you know we're not alone now in our ability to be a repository for financing in the world the result could spark a replay of the two thousand and eight at the nomic meltdown except this time washington not wall street would be responsible for the first time in history our country's aaa credit rating would be downgraded leaving investors around the world to wonder whether the united states is still a good bet. interest rates would skyrocket on credit cards on mortgages and on kora loans which amounts to a huge tax hike on the american people as the countdown neared zero all three big

rating giants moody's fitch and standard and poor's threatened america's hallowed triple a score unless a deal was hammered out and the fourteen point three trillion dollar debt getting higher economists say america's unsustainable budget deficits are the biggest threat to the nation it's like the batteries worn out the spark plugs don't work the tires are flat all of this and so what we're trying to do is say we've got a little bit of money in the bank let's pay that down but we're not doing anything to fix the economy and so we're putting ourselves in a bigger and bigger hole not just because of the dad but really because we're not creating any way to get out of the debt instead of the u.s. president repeatedly asked americans over the past week to join the campaign to borrow and spend more make a phone call send an e-mail tweet keep the pressure on washington and we can get past this while the eyes of the world's have been following the heated saga playing

out between u.s. politicians the main problem not going away is america's debt and the growing realisation that elected officials may never be capable of agreeing on how to solve it marina port niall r.t. new york. sun have on the the president of a leading new york based financial advisory firm says the stalemate u.s. legislates a struggle to overcome has left little time for a complete solution to be reached. we had the possibility of having no deal which would have been the worst possible outcome and would have gotten us into a default that fortunately is going to be averted right now what we're talking about is getting an extension so that we can pay our current bills and what is on the table is essentially our proposals that will cut spending anywhere between one to four trillion dollars over the next ten years look

a lot of this i think is i mean it's good that it's happening the way it's happening is not very good because i think we were three to six months ago in a position where we probably could have had a more substantial deal to solve the problems and i think we could have had something far superior to this if we did not have the extremes the extremist wings of both parties digging in for so long now over these last three months. but economics but told doughty the compromise achieved by us that's a status only changes the speed of the debt growth without solving the bigger problem. but this whole crisis started as an opportunity of political theater these guys couldn't even choreograph success out of their fake crisis and so now we have a huge international failure which has already done possibly lasting and certainly serious damage to the standing and reputation of the united states of america how hasn't much been mentioned that not

a single plant out there reduces the national debt they just change the speed by which it grows all the showdown all this fanfare is about changing the exact forecast ten years speed of debt growth none of these plans make real efforts to reduce the long term problem of insufficient revenue and these plans do reduce spending in ways that will be painful and for many communities in the united states transformative but that will only reshift focus on to the more important long term issues of the absolute in sustainability of being committed which we are committed to having insufficient revenue for the amount of spending that we're going to be doing for the forseeable future while having a fourteen point three trillion dollars national debt this process itself has and continues to hurt the faith and credit the world has in the united states. wolf that chief economist at green chris capital talking to us from new york. although not susan is condemned worldwide there are still pockets of supporting some areas

of europe the weekend the stain of that tunes of the nazi s.s. which for troops in the second world war rallied on the anniversary of a battle with a read only at the same time authorities refused to authorize a rival anti fascist demonstrations and as i first discovered a stone is show of support for nazis and he's feeding a dangerous new movement. well here in the a stain in town the cinema at the nineteen forty four is a scene of fierce fighting between saviors soldiers and yes this is where here by the monument to commemorate the saviors soldiers that died in that fight less than a mile away and this town's all say the scene of the gathering of veterans of this day near waffen s.s. it's an event this gay widespread criticism for glorifying naziism. association of former soldiers the officers off or on but

it's something at the moment you don't think about later think about the people of . the war but for. whom country and most of year at these kind of events abound. in order to hear. it in a sting it's a different story altogether. it's common in the story to call these people freedom fighters we hold or protest rallies on the same day they hold this event to remind them what they are doing had given allegiance to hitler to tell them that they had never liberated a stone and moreover money of them were engaged in and all of them are more or less accomplices of the crimes committed by nazi germany. in fact in recent years the astin you know thirty's have made it increasingly difficult for those who come to oppose the event this year once again members of the anti fascist movement were detained at the buddha and pulled over by the police the car we were traveling in

was also stopped for questioning on the way in i was stopped and i was told. i have a mantra prohibition to the country and of course they don't want any kind of other opinions than their own opinion which is very very much supporting the. movement of the revival of the far right across europe has caused growing concern oh sure right parties it gaining ground in countries like austria finland and france savage sluice are by far right extremists and as brave can always recently has driven home just how dangerous these fees remain i think this is a problem with the. uprising of. extremism and far right wing extremism and the fact the authorities. calls calls the are. doesn't want to absorb this the say far

failed to take decisive action to stop nazi commemorations within its borders bush's push for international legislation to condemn the glorification of wartime fascism but events like the one in a sting and make it glaringly clear that not all countries are on board critics of this event argue that the gathering provides a for and for dangerously a fascist i did the government's failure to ban it saying at the very least this being morally and politically insensitive surface r.t. . come later this hour the dark side of immigration party discovers hundreds of migrant families forced to pay rent illegally in old abandoned buildings and cross central moscow. washington and germany are threatening to take decisive action against the syrian regime which allegedly killed more than one hundred people on sunday government forces raided the city of hama with tanks we

can have a call the opposition stronghold is the latest round of crackdowns on protesters calling for president bashar assad to step down more than one and a half thousand people are said to have been killed in clashes since march germany is calling for an emergency session of the un security council to convene on monday syria is already under a set of american and e.u. sanctions but. president of the i have always association thinks the west doesn't have the credibility to fearing serious. the interference of the outside world in my view can be counterproductive unless it is directed properly rather than just making these wild statements like for instance the usa would decide whether the president of syria has next to miss you or not everybody is asking what right do the americans have to put this question anyway let alone deciding it but they seem

to be doing this said electively they've done it with syria and have done it with libya but the same time they have not done it with yemen they have not done it with other places where there is uprising including bahrain for instance when president obama says what he's saying everybody in syria and then the arab world will immediately respond back on one time a bad thing about abu ghraib and about the rest of the afghanistan situation all of these things so dreams are low and it doesn't give any comfort generally speaking the world seems to be content with condemning and making these wild crazy statements whether it's. the regime is less the mode or not or where it should be it's using use of force the world can play at all but i think the present moment is not playing that i cards. with calls mounting at the u.n. for the security council to take action on syria russia still opposes any resolution against them ask us to warn steps could lead to a libya style scenario where the nato led coalition has been accused of stepping

outside the limits of its un mandate little later this hour russian's deputy foreign minister tells r.t. why the syrians should be solving their problems themselves. we believe that the syrian should address their problems as part of their domestic agenda this is an internal civil conflict and it should not be internationalized as for the situation in libya of course every country is unique in terms of its particular situation the background of this conflict the form of the school of public routers the sutra on the other hand we should learn our lessons a number of the international players tend to degrees from the strict observation of both the instructions and the spirit of these resolutions therefore we are naturally concerned that such a loose interpretation is could only result in making some of the opposition circles taking their position and ordered for a tougher approach which is by no means a positive achievement in terms of finding a mutually acceptable solution.

let's take a look at some other international headlines this hour the suspected leader of one of mexico's most notorious drug cartels has now confessed to ordering the murder of one thousand five hundred people police arrested a thirty three year old man who go on friday accusing him of being the head of a gang of hired killers working for a major crime ring the cartel controls the illegal transfer of drugs into the united states from. deadliest mexican city where more than three thousand murders took place last year. clashes between libyan rebels and colonel gadhafi loyalists left six people dead in the opposition held city of benghazi the fighting started when rebels attacked the forces that aided the prison break of some three hundred pro gadhafi soldiers comes less than a week of the revolution command and libya's former interior minister. was killed

the ongoing civil war in libya began four months ago or it's that more than two thousand people have already been killed in the fighting. north korea has announced its willingness to resume international talks to end its nuclear arms program the comments come after a high ranking pyongyang diplomat visited new york for talks with u.s. officials last week north korea has been under international pressure to dismantle its nuclear weapons program since two thousand and three. young pulled out of talks in two thousand and nine after being censured for bunching a long range missile. on his way there says it plans to reduce its prison population by some forty percent as part of a move to ease overcrowding the country's minister for prisons wants to see some twenty thousand inmates having time for minor crimes released the ship comes and run out of riots and one venezuela jail left more than twenty five people dead the

government has allocated almost one hundred million u.s. dollars in its bid to reform the prison sector. and over the weekend tens of thousands of israelis took to the streets across the country in anti-government protests after more than two weeks of rallies demonstrations the housing costs tapped into why discontent among israelis over high cost of living and the growing gap between rich and more people are demanding swift economic reforms and social justice. country's prime minister binyamin netanyahu announced that he will government representatives of various groups to form a plan and that easing the financial burden on its main citizens. the talk u.s. military commander has criticised pakistan for not doing enough to root out al qaida with a visit to kabul oh my mother said the border region between afghanistan and pakistan remains a safe haven for terrorists. told there was a comes as the u.s.

begins to withdraw its combat troops from afghanistan and the control over parts of the country to the forces the taliban remains defiant the latest suicide bombs targeting them in the south of the country and. washington is racing to cut its war spending which is skyrocketed since the gun it's known ten years ago teams military contributor thinks the u.s. should abandon its conventional military strategy. what is the most obvious and the most necessary measure to slash the u. s. budget deficit for the first time in the u.s. history it was not the democrats it was their republicans who launched a fiscal counter offensive against the a sleepy white house regarding how to slash the budget deficit specific only in military and security affairs the main

challenge for the fiscal sanity of the united states is american military doctrine of strategic overly each quarter has to be done various to ditch their conventional bunker mentality real big conventional bloated bandwagon budget and to shift and unconventional a symmetrical vision of the new and incoming challenges to the united states and to the whole world. another nis a tornado swept through russia's far east killing one person on its path of destruction twenty eight other people were injured by the large well when a natural phenomenon considered rare in the region the twister tore through the center of a city tearing rooftops from more than one hundred buildings tearing cars rooting trees and disconnecting power lines most of the roads cleared estimated four hundred fifty homes are still without electricity. mr take pictures look at our

website at t. dot com. we have more news updates and videos online for you here's just some of what's waiting for you right now disabled former miner fulfills his action for sailing by exploring russia's many rivers now being trapped with voyager is setting course for europe. also online legendary australian veteran on the sound get ready to rock moscow in their highly anticipated gig in the russian capital. the russian capital has long attracted people from neighboring ex soviet states in search of work and a better life but often low paid migrants in moscow were taken advantage of by

rogue landlords as artist on bottom discovered families are being charged illegally to live in abandoned buildings on the floor it is look the other way. at first glance it looks like a case of illegal immigrants squatting in a former architect true gem. this used to be part of the moscow conservatoire. this building here in the center of moscow was formally empty we heard that now there are many immigrants living here in very poor conditions are illegally right in the center of the city. but they would perhaps have gone unnoticed if it weren't for the fuss raised by quiet center a group of local residents wanting the migrants off their doorstep it was innocent well it is good for you to live in crowded conditions who knows what diseases they may have many of them don't work where they get money to eat make stealing or committing other crimes that must be go on his fellow activists call the

authorities and the next day we return with offices of the federal migration service. the migrants who do open their doors soon wish they hadn't usenet of course they might who are you paying rent to for this place or what and just to give you just the gayest do you live here. most are too scared to talk to us but what we do learn points to a far larger and more shocking story they aren't squatting they're being charged rent. a man comes to pick up the money from everyone living here i only know his face not his name stop filming me so if we go into one of these rooms this room here as you can see it has one two three four five six beds who knows how many people have to sleep in this room and if we come on to this room here there's two beds possibly more in here that lady doesn't want to talk to us but each of the

people that are sleeping in these rooms pay three thousand roubles every month to do that as the migrants are led outside the questioning changes from what are you doing here to who is keeping you here eventually one of the group quiet center provides an answer on your plight that what you can't is the local housing committee it happens all over moscow is unemployed and of an illegal immigrants they're forced to pave stay in old in abandoned buildings if they can't they're frozen out and what about the illegality of this day that the local housing committee in turn shares its earnings with the city council and a district police inspector because it's impossible without their consent when we took these allegations to the federal migration service they admitted it wasn't the migrants fault they wanted someone to live the moscow central district government was even more damning confirming our suspicions and admitting that the rot goes deep inside the housing administration that's the only they would you know disorder

it really will proceedings should be initiated and the kids should be in this to get into into court or else other officials abusing their job positions will worsen the habit of letting dilapidated houses to legal migrants. are investigation revealed just a small part of the scheme to charge illegal rents at hundreds of sites across moscow to people in a desperate position and by providing false hope of a place to live they're only going to encourage more misery for residents and migrants alike tom barton r.t. . but it's time for business he's now on his screen. hello and welcome to business here in our thanks for joining me a monday morning well prices meet significant gains after u.s. president barack obama announced a framework debt limit deal head of tuesday's deadline like sweet is currently trading at ninety seven dollars per barrel while brant is one hundred eighteen

dollars a report from europe's biggest oil company world that shell says the time of low cost oil and gas is at an end it says finding resources will be more complex and require more money and investment but whether this will mean a cash bonanza for nations is an open question. the cheap energy is a function again of the financial market and the financial market in the aggregate . countries but one to inflate their situation out of the trouble right by inflating their systems they think that they get out of trouble by inflating the system that leads to higher commodity prices with these grains coal or oil or on the aggregate are you seeing does what europe has to do and the story does what the us has to do so from a russian point of view on the aggregate over the long term the oil prices will be

higher. more things with the money i don't think so because this is really a reaction of inflation. and let's. take a look at other market figures precious metal prices are in the red as investors turn to risky assets and the positive news over the u.s. debt ceiling gold is losing around point eight percent or so down over a percent asian markets bounced back from last week's losses as investors gain confidence that the u.s. will that the u.s. will avoid a default japanese nikkei is adding almost two percent this hour exporters are among the main. again is there with car maker honda up almost three percent and banking stocks are among the best performers in hong kong h.s.b.c. holding climbed one point eight percent after announcing a deal to sell almost two hundred of its u.s. we tell branches to first niagara financial group for one billion dollars. here in moscow the r.t.f.m. issac's start the president of all this trading into last time they closed down on

friday with financial and energy stocks among the worst of. the uncertainty of the u.s. debt resolution to be the main driver of investor sentiment on monday meanwhile michael stein from what curtis says there is a lot of domestic news to give additional support to the uk it's. going forward investors are going to take cues from external dividends to a large extent in any case the markets likely to remain quite volatile as we head into august as the summer volumes dry up and as we head into a month which historically is correlated with bad news today. will be hosting a conference call to discuss their second quarter numbers which were released on friday. protect is going to release the second quarter operating update in the central bank of russia is likely to make an interest rate decision we expect like most houses interest rates remain unchanged for the month of august. that's all for

now i'm back with more updates about forty five minutes. in the middle of it with. a man of the.