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read this in the hotel retreat. this is. the u.s. deal on raising the national debt ceiling is facing a vote in congress but critics say the. soul of america's financial problems and its reputation. lawmakers are preparing to vote on an agreement between the white house and party leaders just one day before the u.s. . on its. washington. also the u.s. and the e.u. push for more sanctions against syria after a crackdown on protesters reportedly left more than one hundred people dead. the size of the country is unpredictable. demonstrators demanding fast changes.

and deadly tornado hits one far eastern russia. doesn't isn't. read. top story u.s. lawmakers it gearing up to vote later monday on an emergency deal to raise the country's debt ceiling and avoid potentially devastating to fold it was finally struck after weeks of stalemate and political wrangling between democrats and republicans. across developments in the u.s. capitol for. lawmakers did finally hash out a deal party leaders with the white house the house of representatives is expected to vote this evening of course the house is a little bit more tricky there's

a lot more folks over there and in order to get this legislation to pass the republican leader john boehner will actually need two hundred and sixteen votes he does not have that from his own party a lot of conservatives say frankly the cuts in this deal just not enough for them and so in order to get this legislation passed in order to prevent the u.s. from a first ever default they will need at least sixty six democrats to sign on board and now we've seen actually the vice president joe biden has been dispatched to capitol hill this afternoon to sort of tell democrats you got to get behind this you know this isn't a raw deal for you a lot of those folks are criticizing the legislation because they say hey there's no revenue raisers we can't get enough money through this deal in order to pay for all of our obligations and now of course the senate the other chamber here in the u.s. congress is also expected to vote on this the timing is a lot more tricky on this but the majority leader harry reid does expect for some sort of vote this evening there is a lot of criticism i mean standard and poor has said that they might not they might

not be willing to keep us apprised aaa rating as it is regardless of what comes out of this they don't think the cuts go deep enough and quite frankly this kind of last minute negotiating really taking the nation to the brink of default right against the clock is it's not a positive sign for the markets for for other financial watchers it's quite an embarrassment here in the u.s. and please let's we all have to keep in mind that this whole debate over the debt limit it really is about previous spending spending that the united states has already agreed to make does not address the bigger deficit problem and the long term picture the long term fiscal health of the united states. well the compromise agreed in washington comes just in time to revenge immediate catastrophe its fate it might not be enough to persuade ratings agencies to let america keep its precious aaa credit score financial analyst max kaiser believes whatever the outcome of the vote its bankers will reap the rewards of the crisis. all of the

proposals on the table all add debt and that's the basic underlying theme the u.s. treasury bond market will be downgraded it will no longer carry the aaa rating no matter what they decide and this is exactly what wall street banks want you don't make much money trading aaa rated u.s. government debt spreads a very tight and there's not much money to be made traders on wall street what i call the nine eleven crybabies like jamie diamond or lloyd blankfein they want the u.s. dead downgraded to if they can dump junk status because you can make a lot more money trading junk the spreads are huge more volatility more money for blankfein and diamond who for ten years have been getting all of the money they've extorted from government whether it's hank paulson back in two thousand and eight or now barack obama who is just a puppet of wall street extorting once again for free handouts free money again for

the too big to fail banks and this is going the way of all these other countries of saying where they've downgraded the debt great for bankers great for fees great for christmas bonuses this year for the kids but unfortunately horrible for anyone living in these countries where the american public is having their worth decimated by wall street banks and j.p. morgan and goldman sachs are to america's middle class what buffalo bill was to the buffalo population in america their interest in wiping them out it's foolish to think of this in terms of republicans versus democrats this is about savers averse to speculators speculators want interest rates at zero percent and they want u.s. treasury bonds the junk savers who are not getting any return on their investments because interest rates are zero are buying gold which is about to hit another new all time highs in currencies around the world they're buying silver that's what the silver vigilantes are doing. because they realize that the american kleptocracy and

the folks on wall street have the american public by the juggler and they going to keep squeezing and so they end up putting another fifty or sixty million of people permanently into poverty and just destroy this economy for the purpose of making a quick buck these people are financial terrorists which includes blankfein and diamond and what a barak obama needs to do if you're working in the interest of the people would be to nationalize j.p. morgan and goldman sachs immediately fire these crooks and start all over again because you've got a predatory monopolist down there on wall street who is interested in wiping out the middle class for a quick buck and that is tyranny not sky is a america's possible two folds resonated photo why did russia's prime minister says that the current deal struck by u.s. lawmakers will not solve the underlying issues but even putin believes that raising the ceiling yet again only postpones inevitable problems.

actually there's nothing good about it it just has been looking more system in the cities this colossal day fourteen trillion or more means of the country has been living on credit which is really bad for one of the world's leading economies but this means they live beyond their means and put it on a burden on the entire world's economy to some extent they sponge on the world's economy and on them on a political positions this means that firstly the reserve currency should show up in the world not just the dollar the euro should be consolidated will easily come up with a regional reserve currencies the ruble can become a regional reserve currency. next tonight several nato states are threatening action against syria with the u.n. security council said to hold an emergency meeting on the situation that says activists support the syrian security forces have renewed attacks on the city of hama more than one hundred people are said to have been killed on sunday when government tanks forced their way into the opposition stronghold of russia's

condemned the violence in syria calling on both sides the government and the opposition to abstain from brutality and abide by the law meantime the e.u. is expanding sanctions on damascus there's more the situation in syria from michael maloof is former pentagon officer joining us now from washington thanks so much for being with us michael much appreciated so present a sad has admitted the country must embrace reform yet we still see tanks on the streets how serious do you think the regime is then about change after all this we're seeing all this violence right up to this current day. well i think stability is the key in any government regime such as assad's and i think you saw the same thing in iran and ultimately its opposition was put down but this opposition seems to be more cultivated from outside and i think that that is one of the problems that. assad is facing it's not just internal unrest although he's promised reforms

but you have a concerted effort by forces outside of syria can you elaborate i don't know michel who you're talking about when you say forces outside. well i think it's a combination of the united states already arabia and israel. they see a. union and an alliance with iran iran to them is the big problem they see the spread of iran. traditionally arab the arab world and iran has scored heavily not only in iraq but also in lebanon and. iran has made it very clear that it's going to support assad and they have helped solidify that arrangement by. in recent weeks with a multi-billion dollar. energy agreement which brings together both

iraq and syria and iran. and in fact it helps solidify iran western flank and allows iran thereby to have more influence in the middle east i guess syria of course. so i guess i goes on to explain that michael you know why the u.n. security council is set to meet later today for the session on syria the other not doing a similar thing about the problems that are going on in yemen for example other teams seem to be on the radar of the into my how the international community does it for those reasons you talked about i guess yeah. well syria is a far different animal than either yemen or even libya there is a lot more at stake. with syria and and given given iran's relationship and also saudi arabia's relationship in the region and the concern

that saudi arabia has for the spread of them. in the middle east. we've looked upon bahrain for example of basically a proxy war between saudi arabia and iran and i think you might say the same thing is actually occurring right now and in syria but no one's going to say that openly with the way the pressure is mounting up in syria other parallels to be drawn with what happened in libya could we see another libyan scenario. i don't think so i already britain. russia china have expressed opposition to any kind of sanctions or even movement of troops or anything similar to what occurred in libya. and i just don't i just don't see that happening we might see some sanctions imposed but i don't think damascus is too concerned about sanctions which

have been imposed on them for years already and they receive what they want from from iran pretty much already michael maloof we appreciate your thoughtful republican officer on the line from washington tonight thank you meantime egyptian troops have clashed with protesters who are camping out in the center of cairo hundreds of demonstrators were cleared away from tahrir square where they've been gathering for weeks to demand faster reforms out of revolution michaelmas professor of modern history at oxford university said gyptian is ready for another uprising because they see too much of the old regime in the new one. the secular opposition . are happy with the changes since with barak. the military government in practice is a continuation of the old regime and also they want has not been down well the danger in two ways is one we could see this attempt to clear the square may well vote more protests more violence the beginning of ramadan the other hand it also may be

a sign the government wants to use ramadan as a month to calm the situation before we're supposed to have elections in eight weeks time now of course provoke more protests we could see as we've seen all across the arab world expectation that you need evening after the end of the past in people won't just break their hospitals or demonstrate what we could see the government thinking that this will be an opportunity to correct some support from people who feel they've had enough demonstrations in cairo but you have a kind of weariness of demonstrations but of course there are many people who feel that if they stop demonstrating. would also guy this is r.t. from moscow with me kevin no internet coming up rewriting history veterans ahead in the crack troops hold a rally in a stone that's been banned in other countries and that's stirring fears of revive naziism in europe we've got reports coming. in israel thousands take industrial action in tel aviv in protest against the government now these strikes follow

a weekend of massive demonstrations of rising house prices and an escalating cost of living people there are demanding social justice and they want better working conditions paula slee is across the latest developments. the israelis are mobilizing on the streets of tel aviv tonight my day for a number of demonstrations against the government although the numbers on my team to reach the tens of thousands that we witnessed over the week in the demonstration is much the same as it has been over the past two and off weeks it's been burglarized and mobilized online grievances against the israeli government's economic policies they are caused by the israeli prime minister even that's a not which was signed as well as for a machine change time ago these way to close attention on who is next with some of these tainted protest organizers he initiated the means being the city wanted to see what the grievances were and finding that means when they say that what needed to be changed would be changed to a very different message compared to what the feeling comes when it's on the upper

hand it's not in the solid has been putting money over these protests since they began and we know that he is pushing play housing bill to be false just quickly as possible this is a bill that looks at you want to see the round the construction plan and that's not the spokesperson saying that these demonstrations were also of proportion and that these were economy with sound and healthy having said that though the director general of the finance ministry the scions that's anomalous is the special committee to meet with the protesters and look into their grievances the so-called government is struggling to deal with what is really one of the largest the midst of crises that they had been recently yes there are of course part of those being made between what's happening there in this world cup we saw over the arab world to be arab spring in the last few months but it was at this stage seemed to be no indications of those protesters olding into violence although we have a pentel there have been a number of races in ways that's according to this possibly going to the weekend before there was another mobilization happening online for

a million man march tens of thousands of israelis have already signed up for that which is scheduled to take place and those who claim of september perhaps the easiest way to describe the mood there in this one at the moment is one and it will . labor politics the state of the. state. of the country as workers simply want to depend back on nine hundred forty eight point three ounces. ok let's talk to one of those very protesters first time the only shot of me as one of the organizers of the mass protests in tel aviv he's on the line with us now a very good evening thank you for being on r.t. you say you're protesting against social injustice but what are you trying to achieve in the short term what immediate measures are you hoping for going. well first of all good night from tel aviv what we're hoping for is changing the. dysfunctional computer leading them the truth in israel for at least the last

decade under under the netanyahu regime and but also. former prime ministers. more and more people have become poorer while a small small group of families eight hundred families. families have become was for each so what we want is a better distribution of the wealth and a more a better economy based on our correspondents are poor they. are said to be numb to the protests he's facing from you and your colleagues right now these are the strongest proses of course since he's taken office in two thousand and nine this is reaction disappoint you. well i disappoint but it doesn't surprise us because netanyahu you know i think more than any other section of government if you look at his record on education on security on the peace process he change his mind all the time the only things that he does if you vote he never change his mind i vote yes economics yes

a very strict very clear economy ideology which is extremely radical extremely radical it's inspired by the u.s. but he went a few steps further and and i don't i don't think that it can really you know change is if they say this is true and really even to his credit this is what he believes if you really believe that as economies working only as a people are starting in the are telling him no it's not working but if you see even if you did get your wish that. said yes you're right i'm resigning do you really change things for the better. i wish. well. we don't there's no political party yet we don't have a political party we have people from watching everything started but we do believe that there are other people as there are leaders who can take us where we want to go and you know things it's not it can be complicated there are other economies in the world that we look at and we like the way they operate so much more equals and

much more efficient and we don't have to invent anything here we just need to divert ourselves from the disastrous past that netanyahu is leading us on right now ok imagine if you were in charge of me put it another way i would you resolve the crisis what can be done. well. well what can practically can be done it's a serious of measures just put it in the simplest terms one of the things we would do is raise the taxes on the super rich and lower the texas on basically the rest of us. there are those measures that can be taken to the states and now he's running supposedly a very small government the government of israel which was. doing decades after the country was founded was very good at giving service that we had great services we did great things including. getting immigration from russia and as a huge national project which we succeeded at and now constant all of that and then

i want the private sector to do everything and the private sector simply failed it we're not getting the same level of services for example has services that we used to get fifteen years ago we went back well thank you being on the program give. me one of the organizers of these mass protests that we've been reporting on in television thank you. as a lot more for you of course on our web site including that story is one of the channels of your senate so it's good to hear about what you think about the stories you see on our channel tonight china called the cattle i kid you have a job to store the style of the iconic swedish brand itself and take imitation right sense of the name of coloring in the. penna soles and paper rulers they're always handy futhermore about that online tonight also moscow's old architectural gems are getting a new lease of life but not in a good way they've been turned into money traps targeting illegal immigrants you look at the back story about one it's doughty dot com.

veterans of hitler's elite troops who fought against the soviet army in world war two traveled from around europe to hold an annual rally in a stony formers of the nazi waffen s.s. referred to locally as fighters for freedom joined by neo nazi groups in the country and as i see sara first reports it's fair to stone is glorification of naziism is feeding dangerous far right movements right across europe. this off or on but it's something at the moment you don't think about later or think about people. through. him country and maced of year at these kind of events a band we. don't hear it in a sting it's a different story altogether. it's common in the stonier to call these people

freedom fighters we hold our potent strong is on the same day they hold this event . they had given allegiance to hitler to tell them that they had never liberated dystonia moreover any of them were engaged in and all of them are more or less accomplices of crimes committed by nazi germany. in fact in recent years the stain you know thirty have made it increasingly difficult to come to appraise the events this year once again members of the anti fascist movement we detained at the buddha pool day that by the way the car we were traveling in was the questioning on the way in i was stopped. i have an entry prohibit 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. revival of the far right across europe has caused growing concern right parties

a gaining ground in countries that are finland and france savaged by far right extremists in this brave norway recently driven show just how dangerous these beasts really i think this is a problem with the extremism far right wing extremism and the fact that authorities. close calls. your eyes. doesn't want to absorb this these see farfalle to take decisive action to stop the nazi commemorations within its borders bush's push for international legislation to condemn the glorification of wartime it lashes in events like the one in a sting in making clear in the clear not all countries. critics of this event soggy that the gathering provides for and for dangerously a fascist state there is the government's failure than it seems at the very least it's morally and politically insensitive. i think.

finally phreak where the destruction and death one victim has been killed by a powerful twisters that swept through russia's far east twenty eight others were injured by the huge whirlwind of natural phenomenon considered very rare not only for the region but also for the whole country these are the pictures the tornadoes you can see all through this city sense of tearing apart the rooftops and balconies of more than one hundred buildings as it went its power was enough to overturn trucks trees knocked down power lines but it ranged from a few minutes but i will says reported that it caused incredible damage both roads have now been cleared but many homes are still without electricity you can see more of these dramatic scary pictures online tonight from this exclusively in our dot com. now in about five minutes half fiery debate show crosstalk hosted by people of all who suitably fired up tonight i hear that's all in a short event but before that a look at tonight's business news with

a rather far cooler room of course for. thanks kevin hello and welcome to business here artsy german energy major ego and it is going to take a gasp loan to arbitration court in order to pay lower prices for gas in argues that spot gas prices are up to fifty dollars per four thousand cubic meters then the current long term contract it has with gas from after more than a year of negotiations gas from is still on willing to meet its german partners the lands taking the matter to arbitration is part of the contractual agreements between the two companies. crude oil is this fall once again amid fears global economic growth is slowing down the latest manufacturing figures from the us and europe make this more reading but the slide in the oil may not be all bad for russia as of are in chicago from renaissance capital explains. if you look at the

u.s. economy for example one reason why they called me has not done very well in the photograph of you is because the american consumer has suffered because of the high oil prices also have. to use the purchasing power of the american consumer and again this is a drag on global growth in my opinion the best price for the global economy right now maybe even for russia is not on the department's around ninety five dollars. and it would be nice you know prices right now i think would be very beneficial for united states for the world and for us. so let's take a look at the oil prices now light sweet this credit trading at ninety four dollars a barrel right has made a little comeback it's in the black this hour trading at one hundred sixteen dollars let's go to what's happening in the u.s. markets there are still in the red but the losses aren't as big as in previous

hours markets opened on the positive note today and as investors were encouraged that the government had agreed on a cost cutting program but that optimism was drained away by the weakest manufacturing data and two years. every year in most skoal stocks last summer their earlier gains and finished the day next the arts yes last point three percent although my sex was up by over one percent let's take a look at some of those individual movers on the my sex energy rangers were among the main gainers with gas from up almost one and a half percent banking stocks were also higher with bank of moscow off four percent that's the lender of what the defaulting on its euro bonds now was after publishing twenty times earnings and power generator in still around was also on the rise to company has crippled the snap profit in the first half of the year reaching eighty three million dollars. and that's all the business news for now you can find more

stories on our web site so artsy dot com slash. business headlines are next pfeiffer are. hungry for the full story we've got it first hand the biggest issues get the human voice face to face with the news makers on the. last time the close of team was in the cool gum region where men flock from all over the world to out.