india girl she's available in the movie go and join me the show the i love you that's a great way to show the brand in period should george was the first coromandel you can a was a child closely which suggested to go and. run this in the kernel was her job as this career tree. damage done in washington announces a deal to raise the debt ceiling and of the to fold but critics say the move doesn't solve america's problems and its reputation is going down the drain. egypt song of fire again there's james entire a clash with the demonstrators the mounting calls to change alter february's revenue sharing. the u.s. and the e.u. stackpole that push for more sanctions against syria crackdown on plate is the cause of the death more than one hundred people died he says on and on either side of the conscious conflicts on acceptable. to deadly tornado hits the rocks and says

he for the first time ever injuring dozens and might strike. a very warm welcome to you this is aussie life from moscow now after weeks of still amazing political wrangling american lawmakers of finally you struck a deal to raise the country's debt ceiling out avoid essentially devastating to folds however the plan still needs congress' approval with votes in both houses expected later on monday when the hard one compromise will not american a boring continue in exchange for more than two trillion dollars in cuts over the next decade we went was resolved to president obama's last ditch efforts to persuade democrats and republicans to set aside their differences for us. and

ripples throughout the world's financial economy if you will see one from a trillion dollar debt limit isn't raised by cheesecake but as reported ny reports the road to an eleventh hour consensus as a result a severe blow to america's reputation in the eyes of its investors. 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 divisive debate over raising the u.s. debt ceiling creative and unprecedented climate of uncertainty over america's so-called sound economy the damage being done and 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 got 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 end their partnership with america it's like being married to someone to serve a year or so when they were jerks you want to know what'll 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 jail. he is making noises chinese making noises were you know we're alone now in our ability to be a repository for quite a thing in the world the result could spark a replay of the two thousand and eight economic 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

corals which amounts to a huge tax hike on the american people as the countdown neared zero all three big reading giants movies which in standard and poor's threatened america's hallowed triple ace unless a deal was hammered out and that 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 at all of this and so what we're trying to do is say we've got a little bit of money in the bank but say that 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 guarantee that instead of us president repeatedly asked americans over the past week to join the campaign to borrow and spend more make

a phone call e-mail tweet keep the pressure on washington and we can get this while the eyes of the world have been following the heated saga playing out between u.s. politicians the main problem not going away is america's debt and a growing realisation that elected officials may never be capable of agreeing on how to solve it. r.t. new york over plans to reduce the deficit will come in two stages the first involves around one hundred billion dollars in spending cuts on the second means for the savings of one trillion congressional committee is yet to decide whether these will be implements of both the chief economist at investment advisors green across capitals as the measures will hurt many people in the u.s. but the underlying debt. 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 gone 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 its faith and credit the world has in the united states united states has the kind of budget imbalance that normally does occasion a downgrade we do have a particular set of opportunities in the united states not available to countries which is a good reason not to downgrade and that is we can print the world's global reserve currency now without defacing and devaluing that currency but we can print it so the united states borrows in dollars and has the sole unique legal right to pay things and produce dollars which is eniac situation that makes us more credit worthy a downgrade which i think is quite possible and the sheer spectacular public failure of the american political system will take a while to figure out but they will not be minor and they will not be positive just so people know the statutory debt limit of the united states has been raised ninety times since one thousand forty that's an average of one point three to one point. it's a year every single year there's another funny thing that no one seems to mention

about the debt ceiling which i find interesting something of an economic historian and that is that the debt ceiling came into being in one nine hundred seventeen because people in the united states were afraid that congress would enter world war one the looming conflict of its day and the idea was to make sure that our government the united states government didn't enter us into wars without being sure they could pay for them without being mindful not to increase the national debt a lesson that i think we were prudent to be concerned with in one thousand seventeen someone failed to remind us of as we went into afghanistan and iraq so there's actually a very interesting historical story around the debt ceiling or statutory debt limit which i've noticed hasn't been much told of late. how do you watch the full interview with financial analysts a month convolve on all websites on t.v. dot com. now egyptian troops have clashed with protesters camping out in cairo's tahrir square egyptians have been holding a mass rally of its own monza stemming from the popular uprising in february but

analysts that president hosni mubarak let's get more on the situation in the middle east now from political analyst frank spring joins me live from london now and this is bring many thoughts of being with us here in our see how egyptians say they want the change they thought they gained in february but now the interim government's foreign backed got its own people it's a vicious circle that the people of egypt is can't seem to break. i would necessarily describe it as a vicious circle i think what you're seeing now is it is very much a continuation of the original causes behind the arab spring in egypt the concern here is there's still too much military control over egypt and egypt has for many years had one of the more developed civil societies in the arab world and there was only so long i think that civil society was going to be able to tolerate the degree of military rule in the country so this is a continuation of that and i think particularly that the protesters in tahrir square today are concerned about among other things ending the military prosecution of civilians so too much military control over the judicial system in this case

they want to sack the prosecutor general again a military officer and also they're protesting for a real minimum wage so you have a combination of concern over again too great military control over civil society and also an economic situation is frankly untenable so i think this is a natural i think this is a natural country continuation of this i don't necessarily think it's a cycle i think it's just another stage of what i hope will be a real resolution and the development of more democratic because you know you say it's a natural continuation of what we've seen of egypt say do you think it's likely that we'll see the country descended into yet some more violence. i don't necessarily think that's the case again there will be elements of the military as we see it every single day that want to maintain control and are against the civil society activists who are trying to trying to reduce that i don't so i think there will be more violence i don't know if it will descend exactly into significant violence there were remember that during the original terrorist where there were violent clashes it was not entirely bloodless but it didn't descend into civil war violence

on a national scale so i think that that's i think that's more the scale that we're looking at here rather than something a little bit more extreme which you know rather than the kind of so what we've seen for example in libya ok let's turn our attention to syria now several nights a state and threatening action against the country i mean i get this report that the security forces that are new bear attacks on the city of hama well on sunday more than one hundred people were killed in attacks forced their way into the opposition stronghold how long could violence continue and what solution d.c.s. happening that. the timetable on this i think depends on a number of things the issue that the that the syrian army has is that it's primarily a conscript army so the syria is a largely sunni country so the conscript soldiers are sunnis their officer class or all the whites which of course is the you know the faith of the in the the the group that we have from which the ruling family including the assads are hard to ride so you have

a small minority of all the whites who are the officers and very much the rule the rulers of the government the controllers of the government and then a conscripted army of some of sunni soldiers and the question really is how much longer can all the white officers give orders to sunni conscripts to fire on their own people before we start seeing a soldiers refusing to fire refusing the order to fire and we already have seen that there are some reports of that's already occurring at a fairly low level the question is that could get them but we could begin to see significant defections or at least refusal be would have to fire fairly quickly now the other concern of course is part of the reason this whole thing has come about is that the syrian state is no longer able to maintain its traditional subsidy driven socialist state model by which the syrians are pushed by which syrian families have enormous subsidies on for example their energy costs and one of the reasons this is kicked off is no longer able to provide that people are unhappy it's the same kind of combination of concern over military control and real economic hardship if you're not able to maintain that the energy subsidies among other things the status of often given its people that's led to this kind of unrest how much longer before you start having issues with your military payroll and at

that point you have a minority of officers directing conscripted soldiers to fire on their own people and the conscript soldiers aren't sure if they're getting paid and that's a that is not a sustainable model for a country to continue oppression like this or picking up or not going to the syrian government claims it's fighting insurgents i'm not protest this is just who is the real opposition in syria. i think it's as is so often the case it's going to be a mixed set of it's going to be a mix that of people who have decided that the way to deal with this issue is to is to take arms and contest for the monopoly of violence we've seen that happen in syria a number of times including in ninety nine which resulted in a truly brutal crackdown a few tens of thousands of people killed so there is some of that there will also be beyond that a core of you know what a serious lesterville civil society that is decidedly had enough so it's going to be a combination of the two and of course you would expect the regime to. exaggerate the role of armed insurgents in this their own forces and you know significantly downplay the number of you know simple wave of citizens who have just had enough.

ok. well that russia has condemned the violence in syria calling on both sides the government on opposition to abstain from this how it's you know only by the one president assad of the country must embrace reforms how serious do you think the regime is upon change oh i think we've seen how serious they are about change when assad came in in two thousand he was seen as a reformer of syria as someone who could bring them a new degree of economic liberalism integrated your political freedom and democracy and what he has done is he has built on the very sophisticated intelligence state that it's all the built in the brothers one of the most sophisticated intelligence agencies in the world used to suppress any degree of dissent and i think we've seen just how serious it is about about bringing change and a greater degree of economic and political liberalism to his country and the answer is not ok of prague spring but his comments talking to us from london many thanks and they still thank you. ok coming up on r.t.e. rewriting history veterans of hitler in fact to rally in

a stone mia after being found in other countries tearing fears of that revive nonces i'm in here. now in israel for industrial action and protest against the government intel of the plan strikes follow a weekend of massive demonstrations in the rising house prices and an escalating cost of living people are demanding social justice and better working conditions but all that is causing it is a policy whose intel of the force appalling developments there paula was also one hundred fifty thousand demonstrators take to the streets of israel over the weekend does today's protests promise to be on the same sort of scale. well it does stage it certainly doesn't seem as if tonight's protest here in tel aviv will reach the kind of numbers we saw over the weekend some twenty four thousand people have signed up on facebook and like the demonstrations happening there in israel over the past two and

a half weeks tonight's protrude since also been organized online the grievances are much the same people are criticizing the israeli government's economic policies they are calling on israeli prime minister netanyahu to resign but also calling for regime change now a short time ago he was a meeting between israeli president shimon peres and a number of the protest tent organizers it was initiated by the president he said he wanted to hear what their demands were and following that meeting he said that what needed to be corrected would be corrected this is a very different tone to what we're hearing coming out of the israeli prime minister netanyahu scamp that on yahoo the south has been pushing month over these protests we know that he is pushing for a housing goal to be passed as quickly as possible but all looks at the bureaucracy around construction planning but aside from that he's really has said practically nothing is spokesperson has come on record saying that these protests are out of proportion he says that the israeli economy is healthy and sound although this

certainly is a disagreement within the politicians because we know that the director general of the finance ministry has resigned we also know that a special committee has been says how little now himself to look at how to deal with these protesters and their grievances and so from the owner of i am from israel have involved only peaceful protests is it likely do you think that will but will see the situation there blazing into something more like the middle east are things. well at that stage it seems unlikely that these demonstrations will dissolve into violence although having said that this past weekend on the weekend before or after the official demonstrations ended there were a number of protesters who simply sat in the roads and refused to be moved and they were forcibly removed by police a number of arrests were made and it certainly was the mood of the tension on the streets that there would be violence now there is another question is being organized online it's being dubbed the million man march and really tens of thousands of people have signed up for that it's

a protest that scheduled to take place the first weekend of makes none and it certainly echoes what we saw happening in egypt over the past few months where there were several million man marches maybe the best way to describe the mood in israel the moment is what was stated by a left wing labor member of parliament he said that this is the most complicated state of emergency that this country has seen since the declaration of independence back in one nine hundred forty eight also today monday there was a press conference held by the bank of his old governor stanley fischer he said that the protests were surprised he admitted that he said they were impressive but he did warn that the grievances of people have here in israel and that they take into the streets all grievances that cannot be solved in one day syria is very much for. the reporting for us from tel aviv. well there is deteriorating situation leads many wondering how the crisis night resolved to show your opinion on the situation do visit our website and cast your own vote and so

far i can tell you that the majority just want to stay away from serious problems all together over thirty percent favored dialogue between the two sides and even if you have voted for helping the opposition to kick us out i'm very certainly support for more radical measures like bombing the country into the mall or see if you have an agile say yes you log on to calls to your voters. veterans of hitler's troops you fought against the soviet army in world war two you have traveled from around europe to hold on a rally in a stony or former members of the nazi bath on s.s. referred to locally as fines is the freedom we're joined by neo nazi groups in the country and as aussies are reported as fit as tony is your vacation belt as them is feeding a dangerous. right across europe. well karen is staying in town athena but nineteen forty four is a scene of fierce fighting between status soldiers yes this. one here by the

monuments commemorate the savior soldiers that died in that fight less than a mile away it was also the scene of a gathering of veterans of the stone year and that is an event a widespread criticism of the glorifying. of former soldiers laugh this off or on. it's something the moment you don't think about later or think about the people of. the for. him country and most of year at these kind of events a band. and to hear. it in a state in years is a different story altogether. it's common and strong enough to call these people freedom fighters we hold or protest rallies on the stream do you hold this event to

remind them what they are giving allegiance to hitler can tell them that they have never liberated. moreover none of them are engaged in and all of them are more or less accomplices of crimes committed by nazi germany. in fact in recent years he is still you know thirty and made it increasingly difficult the v.c. come to accuse the event this year once again members of the anti fascist movement we detained at the pool do that by the police car we were travelling in was a stop for questioning on the way in i was. told. i have an entry. of course once again a kind of other opinions from their own opinion which is very very much supporting the. revival of the far right across europe has caused the rowing concern poacher right party. as a killing ground in countries like austria finland and france savage flew said by

far right extremists and his bravery can always recently driven show just how dangerous these fees remain i think this is a problem of. extremism. and the fact that. calls calls is. one portrait of. p.v.c. far failed to take decisive action to stop the nazi commemorations within its borders push for international legislation to condemn the glorification of wartime fascism to events like the one in its thing and make it clear in a clear the not all countries are on board critics of this event argue that the gathering provides a for an dangerously a fascist state is the government's failure to but it is seen at the very least as being morally politically insensitive.

there's a lot more out on our web site hospital com here's a taste of just some of the stories you can find online right now and then listen to american about childbirth crimes taught by his wife and her boyfriend caught gets the last laugh though along with fifteen million dollars of compensation. problems as a whole the very tolstoy market where pauses and lives will be reading out loud on the war and peace all violent thousand seven hundred pages of it all those details and more adolescent talk. and in other news now one victim was killed by a destructive twisters that swept through russia as a fellow to twenty eight others were injured by the huge well wind it's a natural phenomenon because it did rain here not only for the region but for the whole country tour through the center of the city buried rooftops and balconies from over one hundred buildings overturning chunks of trees and ripping out power lines it raged only for

a few minutes that eyewitnesses are all she has caused incredible most roads have now been cleared but hundreds of homes are still without electricity for more dramatic pictures do you go to our web sites are. a very see we talk to russia's deputy foreign minister about ongoing violence in the arab world's first day that it is business deals with area. hello and welcome to business here on r.t. now we start this hour with german energy major either own which is going to a gas boom to arbitration courts in order to pay lower prices for gas that small gas prices are up to fifty dollars cheaper per one thousand cubic meters than the current long term contract it has with dan strong however after more than a year of negotiations gas promised still only willing to meet its german partners' demands taking the matter to arbitration as just part of the contractual agreement

between the two companies. german industrial giant siemens is planning to set up a guest we're going joint venture with russian company power machines siemens will hold a sixty five percent stake in the venture which will be located and saying here is where meanwhile siemens is selling a blocking stake and power machines to the russian companies majority shareholder heist that which is controlled by alec similar the sort of the venture is set to produce and develop gas circle lines and provide relevant services. all is advancing for ensue we closed and that's after president obama announced democrats and republicans had agreed on a two and a half trillion dollar cost cutting program for the next ten years and this should ensure that that ceiling is raised and there will be no be felt on its own payments now meanwhile every plourde from verbs biggest oil company of oil dutch shell says the time of low cost all and gas is that in and it says finding new sources will be

more complex and require more money and investments but whether this will mean a cash bonanza for oil rich nations is an open question. the cheap energy is a function again all of the financial market and the financial market on the aggregate right now pointing course countries that want to inflate their situation out of the trouble right here by inflating their systems they think that they get out of trouble and by inflating the system that leads to higher commodity prices where they screens coal or oil or will be accurate i think that's what europe has to do on the story and i think that's what the u.s. house will do so from my russian point of view will be over the long for the oil prices higher whether about by some more things with money i don't think so because this is really a reaction of inflation. and let's take

a look at some all prices now light sweet is currently trading at ninety seven dollars per barrel brian says that one hundred nineteen dollars and precious metal prices are in the red following positive news over the u.s. that ceiling gold is losing slightly of all silver is their own over half a percent their. own broad market so the relief after obama announced the u.s. is that limit deal europe is mixed this hour financials which have sold off heavily in recent weeks over fears of a u.s. thing called are now among the biggest gainers h.s.b.c.'s gaining of a look for signs ahead of ourselves the group announced sunday that it was so our hundred and ninety five we saw branches in upstate new york to first i am for financial group for around one billion dollars now let's take a look at what's happening with the markets here in russia those stocks rise the most in two weeks as well and commodities surge both the arts yes and the my subs

are up by about one percent this hour let's take a look at some individual moves on the my sites and their generators are among the main gainers with gas spawn just under super. they're banking stocks are higher bank of moscow is up three percent so on that's the runs are all for the thoughts and on that's a good after publishing it's once it's earnings and powers on the right here in surround us also on the rise the company has tripled its that profit in the first not of the year which in the eighty three million dollars. well that's all the business is for now for stores you can always check out our websites r.t. dot com slash business in the meantime states and for the headlines without us.

for the feel we've got. the biggest issues get a human voice face to face with the news makers and. the. mission would be soon which bryson if you knew about songs from phones to bridge these. stunts on t.v. don't come.