in india in the movie. the grand imperial truly.

the colonel was heard to treat. the deal to avert a debt crisis has been approved by the lower chamber of the u.s. congress. after months of. financial crisis. and a global. collapse. in the u.s. reputation as the world's creditor. could help to bring an end to violence in syria. measures that could lead to a libya style intervention. american sanctions are being enforced. making about his book. the voices of tens of thousands of anti-government

protesters calling for the. reported by the international media. warm welcome to. the lower chamber of the u.s. congress has passed a last minute deal to prevent devastating full scale default after a month long political confrontation the only remaining hurdle now is for the legislation in the senate to get approval that's expected to choose day. in washington with. not a lot of good news in terms of the big picture for the u.s. economy of course the only thing that we can be certain of that this deal means is that it averts the self imposed potential crisis of a u.s. default what we do know in this legislation is

a does sort of cut spending by about two point four trillion dollars over the next decade what that means in the short term for the u.s. economy is potentially a lot of stifling of growth now we have to keep in mind that the unemployment rates are still astronomically high at nine point two percent and so a lot of economists are saying this is not really the time to be cutting the spending this whole battle over the debt limit is kind of a proxy war an ideological proxy war between the republicans in congress and the democrats in congress and we have to keep in mind that the two thousand and twelve election was coming up for both the congress and of course president obama and a lot of political analysts are saying this is just another way for the republicans to try to embarrass the president to make them look bad the irony in all this is that neither the left was nor the right really liked what came out of the deal at the end we saw one democrat said that this was a sugar coated satan sandwich look at the bun and nobody likes what they see and of

course by creating the special commission that will sort of figure out where to cut spending over the next few months that issue is still going to come up a write in time for the elections so no one really wins in this deal. because i know reporting like that financial writer peter bill says that the debt deal won't help avoid a bigger us crisis in the long term. it in fact is not a victory for anybody the republicans are certainly not happy and they are on the other side the democrats and that of course includes the president they wanted to see richer americans paying and making a greater contribution to the deficit reduction of that could have meant higher taxes for very well to do people the republicans have stopped that and so naturally the democrats they are also not happy the actual credit rating this aaa rating might be in doubt now and it's possible that one of the rating agencies would either downgrade that aaa rating or put it on what is called on negative watch in

other words that's a warning that if things don't improve as they would don't grow to some point in the future that of course is going to alarm everybody but could certainly have an impact on banks all through the world and if banks are unable to use their treasury bills as collateral in order to borrow money from their central banks and that is one of the dangers then of course we could see another freeze up of the world banking system the way we did in the year two thousand and eight with who knows what sort of. impact on the world economy we could be not only having a double dip but another another major recession and that is the fear which whatever they do in the united states having run up these enormous debts that fear is going to remain and it's a valid fear to. follow the risk of america's a possible self-imposed default has resonated far and wide with the global stocks rallying following the house vote but artie's previous reports despite the

immediate economic relief more voices calling to replace the dollar as the world currency are being hurt. chinese newspapers are calling this entire u.s. debt deal debate irresponsible and even immoral so although people are celebrating the fact that this did pass there is a lot of cautious optimism here well it's important to note that asia has a huge vested interest in what's going on in the united states that is held by asian countries china being number one shipping and being number two so confidence has really gone down here many critics of this deal are thing that this isn't going to do anything to help american unemployment which directly impacts the asian economy as well as you know asia is the manufacturing center of the world so if the unemployment problem isn't solved in the united states that also means that consumer confidence goes down for america and that means that they're not going to be buying exports from asia so that can really impact the people's jobs here in

this continent. and that was a street of the reporting from new delhi while there you are with r.t. and still to come on the program reporting voice. i haven't seen anyone from c.n.n. or from fox news or any other big news channel here and. we also deserve a chance to be heard out. of the thousands of israelis demanding that their government stand down say the international media is turning its back on the country's problems. reports coming in of dozens more protests deaths at the hands of government forces in syria russia says limited un security council action could bring quote good results and helping to stop the ongoing violence in the country but moscow warns that any measures must be restricted to solving and not aggravating the conflict the security council has held a closed emergency session on syria amid reports of government forces killed over

one hundred protesters on sunday goes already issued its strongest condemnation of the violence supporting to both sides of the conflict has been cautious about international action on syria fearing a repeat of what it calls a violation of the un mandate on libya damascus is already under a set of american and e.u. sanctions but a former u.k. ambassador to syria told us that internal developments in the country will end up costing the leader. the economic sanctions are not of themselves going to bring down but what will undermine him over time is the fact that the economy is collapsing it is a truism of syrian politics that if he loses the sunni middle class support from damascus and aleppo to a lesser extent. he will not be able to maintain his hold on power and when they see that the road he's leading them down is leading to economic

disaster. then they are more likely to turn against him the moment he has talked about reform but not done anything he's talked about checking the security state up but in fact is unleashed it i don't see that intervention militarily would be anything other than disastrous within syria all syrians would object to that would be the one thing that might unite all syrians behind the government in fact. so i don't see any prospect of it well our western officials have ruled out military intervention in syria but economic sanctions against americans are being stepped up middle east expert joshua landis thinks these measures will eventually backfire on the syrian people all of the syrian opposition leaders who have met and elected executive committees have all demand that there be no foreign intervention now of course foreign intervention is

a very broad and gray area there is the alternate dimension like libya but there is also economic strangulation which would come along the united states already has sanctions fairly severe sanctions on syria the west feels it needs to do something it doesn't want to stop trade you know we've tried sanctions in iraq in iran. they haven't worked very much and when they have work they starve the people not the government and that's the danger of sanctions if they feel good because you feel like you're doing something and you could tell the opposition you're on their side but they in fact they are going to hurt the people you don't want to hurt. i know we are following olvey events taking place in the middle east where the unrest continues so you can follow us on our website just go to oxy dot com get the latest news updates and videos here and waiting for you there right now no objection police clash with activists over the long lasting demonstration on cairo's tahrir square are trying to disperse those angry at the interim government for

a lack of political influence. also i want our web site also a dog called a group who hijacked the twitter page of the norwegian mass murderer and as predicted by the claim the breach was an attempt to undermine the compose online posts and ideological state. and other wild wild west meets the east in russia where people turn into cowboys and indians for the start of the annual cowboy festival.

it used to be an ideal place for a holiday. to change in a moment. though are still visible. the republic is not only relieved. shaping the future. for the full story we've got. the biggest issues get

a human voice face to face with the news makers. welcome back here with our live from moscow it's now at twelve minutes past the hour the suspect arrested in connection with an explosion that took place. in eastern russia which left one has confessed to the crime the blast wounded a five year old people who noticed a small box decorated with a ribbon on the terrace of a kindergarten in the city of a more reports say the bomb was packed with nails and other small metal objects leaving her with multiple counts and a severe burns local authorities are treating the incident as a terrorist attack schools and kindergartens across the region are now being inspected by police the suspect is still being questioned. well on the way for you here are back to the frontline after two decades find out why the u.s. sealed a multi billion dollar deal to supply russian helicopters to afghan security forces

. now we're turning our attention to israel where the mainstream media is being accused of burying their heads in the sand over coverage of the biggest anti-government protests the country has seen in decades tens of thousands of people fed up with living standards of staging demonstrations calling for prime minister binyamin netanyahu to stand down but as our reports from tel aviv protesters voices are simply going on heard by the rest of the world. tens of thousands on the streets of israel angry today and protesting for change but is anyone listening when it comes to a lot of the foreign media want to see more of an action movie and this has been very violent it's been very hadn't been violent at all it's been very positive. well into week three the largest demonstration in israel in over a decade and how did a.b.c. c.b.s. and n.b.c. cover it they didn't

a younger woman set up the tent while the editors of france twenty four b.b.c. and sky coughed up just a few meager seconds perhaps not even that interesting to. back. in the studios ok there's a protest well what exactly is a protest a social protest. it's not the same kind of story that they used to it's not as big and dramatic as some of the bigger revolutions happening around the middle east and i mean isn't surprised by the worldwide lack of media interest he's worked in the israeli press for decades reporting from media both foreign and local there is a box that the international media has put israel in and the israeli palestinian conflict or so they're israeli lebanese and syrian conflict and anything that doesn't kind of foot into that. type of of news item which is unfortunate that just makes hundred reyes and others angry for nine days she's been

camping here furious that she can't make ends meet as a university student it makes me feel sad that when egypt decided to stand up and say we've had enough and when in lebanon they decided to say we've had enough the media was all over there i haven't seen anyone from c.n.n. or fox news or any other big news channel here and it's really sad we also deserve a chance to be heard out on the streets has been. it's not your corner by some of the people who get an optimism perhaps the base suit can bring down the government in the way they may visit it's not his square. back where the cameras they were willing to no one stop him they push the absence. to see on television not in a. hurry. and i mean time blogger danny schechter says that the reality of life in israel often goes unnoticed because the country only attracts coverage for its role in conflicts many americans think somehow the

israeli government is very popular the leaders of israel are killed a lot of attention in the american media israel is presented almost as a model with the country when it's actually an extremely divided country a massive protest of the kind we've seen in israel about you just the economic realities that people there are experiencing is something americans have no understanding of because there's no context in the reporting israel's only reported in the context of its conflict with iran or its conflict with palestinians the actual reality of life in israel and what's happening to people there and how this right wing government in israel is handling the economy is something that we never really hear about whatsoever it's a very unstable situation the economy there is very unstable as well you know when you look at the middle east generally speaking they talk only about the arab countries only they have internal the discord the never hear about israel's

internal discord and the fact that this uprising essentially is taking place in israel while the same time as one going on in syria this one going on in egypt you know shows that the same pressures are you know being experienced by israeli people as well which is inflation economic pressure food prices rising oh all kinds of economic uncertainty. more news now incoming from israel where the prime minister has announced he is ready to discuss israeli forces with palestinians binyamin netanyahu has agreed to negotiate a possible return to pre-one nine hundred sixty seven territory lines israel has been occupying land in the west bank where palestinians hope to build their own state since the six day war over forty years ago peace talks over borders have been stalled since last september due to construction of jewish settlements in the air. and another world afghan officials say at least four people were killed ten wounded

in a suicide bombing in northern afghanistan and. blew up at the local guesthouse to other insurgents a broken and engaged police in a two hour shoot out this comes two days after eleven were killed in an assault on police headquarters in the south of the country. japan's energy operator tepco has detected the highest level of radiation at the fukushima nuclear facility since the march on earth quake and tsunami hit the plant the reading between the first and second reactor buildings registered at levels considered fatal to human health the company and government say they remain on target to bring the reactors to a safe state of cold shutdown by january tens of thousands of people remain in temporary shelter after a no go zone around the complex was enforced. mexican police arrested a suspected senior drug figure in the western state of. twenty eight twenty four

year old brother narry salgado harrison is accused of supervising the production of methamphetamines in the state for a local cartel this is the latest arrest in a series of crackdowns on drug cartels by mexican authorities last week police arrested an alleged gang leader who later confessed to ordering the murder of one thousand five hundred people. now booking a ticket to space is a dream for many but it's a dream a very few have managed to achieve in just a few minutes here on r.t. command of a legendary apollo moon mission tells us how reaching is zero gravity can actually shrink one's ego. i think that people who are astronauts are caused by knots. they are people who live on the. people who like to explore people who like to see something different who like to open up new doors when we look back at the earth and we can put our earth to the window and

everything behind our earth was was disappeared when everything that we'd ever had known was behind or thought it was that's sort of a usual feeling a feeling of how insignificant really we all are back on earth if i could put my thought up and hide everybody. i tell you without a life from twenty past the hour a legendary russian military helicopter which has been in service for decades is coming back to the front line in afghanistan the u.s. has bought her for a dozen choppers from russia for the afghan security forces. reports. again it's is the nickname soviet soldiers gave to the strong sending wind over afghanistan over twenty years ago they regarded as their main enemy as they struggled through air missions over high mountains in extreme weather now it's the

city's drive these the soviet designed and why seventeen which made its name as of guided survivors. the engine if this helicopter i mean not to be the most advanced but it's well protected from the destructive sounds unlike many of its alternative is very powerful and perfect for the extreme climate of afghanistan it will be able to operate here for about twenty five years so if you get. the u.s. led mission in afghanistan will end soon when nato troops go to n.y. seventeen's will make it come back to face the afghan is whence once again russia will ship twenty one helicopters to afghanistan to help the country's security in years and pilots work together to perfect and ease operating of m y seventeen s while it seems quantum physics to me afghan pilots are already familiar with the machine many of them trained under soviet air force instructors even now twenty years later speak perfect russian. i graduated from

a pilot school in the russian city of christendom in one thousand nine hundred four when i got back to afghanistan to serve in the army we only had soviet aircraft those machines were the best to get to the most difficult and isolated parts of the country with the us will be for afghanistan's m.-i seventeen's something which put american helicopter manufacturers in a spin with congress using russian military aircraft the countries had plenty of helping hands after the soviet invasion russia provided millions of dollars worth of military hardware and wrote off a ten billion dollar debt to the u.s.s.r. now that the deal is sealed russian engineers are working to assemble the helicopters the m i seventy. he's proved that military might doesn't always mean advanced technology as long as it's got the tough stuff for the terrain and they've beaten them going to wins before and then we go r t as in. all right on our twenty three minutes past the hour here in the russian capital time now two hundred over

to kareena for the prisoners. welcome top business bullets and here in our to thanks for joining me on top story this hour german energy major on is taking gas problems of course in order to pay lower prices for russian gas company argue spot prices are up to fifty dollars cheaper per thousand cubic meters than the current long term contract it has with gas pumps the company called it has the details. gazprom says it already revise the gas price for last year at that time eon persuaded gazprom to sell a part of its gas at a price linked to support prices which will lower the gas problems contracts now eon is asking for further reductions the company's suffering have the losses due to the gap between the gas problems price and that's all the european markets which serves but gazprom wants to stick to its long term contracts which it says provide

security for customers at only a small premium to support prizes the talks have lost to the for more than a year now without success so now eon is taking the matter to an arbitration court lawyers we've spoken to suggest it is it will be in the courts power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in iams favor. lawmakers in washington are still calling together a deal to cut spending and avoid a debt default while the plan seems to set to go through the process as borrowing little called in the markets and concerns is just a short term fix the ratings agencies will see through it. making the the market to focus its attention all the decision being taken by the rating agencies right what will the rating agencies do now taking the brunt of the poor simple kiku or use the rating agency because be more vocal about be sure to straighten and don't forget to

dry and they say that if we don't see a credible long term plan for tackling the school you should write a great arm where you are very very explicit about it i'm not quite sure they'll be convinced to be seems to really tackle these issues i'm not convinced of that i'm a good that's why i said it was a fifty fifty chance that's the that's the most important thing for us. looking at the markets oil prices are under pressure following a disappointing report on u.s. manufacturing that boosted concerns over crude demand light sweet is currently trading at ninety four dollars a barrel while brant is that one hundred sixteen dollars per barrel precious metals are gaining as investors look for safe haven gold is gaining half a percent while so over over one percent in the price now stocks in europe are lower both footsie and the dax are losing point eight percent mark start keeping an eye on the u.s. where the debt deal is now heading to set it up to winning approval the house of representatives has a b.m.p.

perry progs point six percent of second quarter results of barclays rose over two percent for turnings here in moscow it's a similar story with both main interest is in negative territory the r.t.s. is currently losing point seven percent of the markets is down less than a quarter of a horse now looking at some individual movers on the mindsets this hour energy and banking stocks are weighing on the indices gas problem is losing just under one percent while the c b is down a quarter of a percent meanwhile russia's air flaw is supported by positive results the company has almost doubled its net profit in the first half of the year reaching two hundred forty three million dollars. plus an internet investment group. d.s.t. global has bought five percent of social network twitter for four hundred million dollars that's according to the financial times quoting a source close to the deal the newspaper suggests the investment might be the last one before twitter list on wall street d.s.t.

global also owns almost eight percent of facebook that's all i have for you this hour but remember you can always log on toll web site r t dot com slash business and find more business related stories there thanks for watching. for.

the book. the book of your choice order. this is st stone keeps its secrets to denounce time to reveal visions of the soviet files on oxy. download the official anti up location job i phone i pod touch from the i choose ops to. enjoy life on the go. video on demand ati's my old costs.