that's. in india. the move to join the hotel room. the gateway hotel the grand imperial truly told us to.

sit don't need to go and. read this in the kernel was her job as a retreat. the u.s. house of representatives behind the debt limit bill to avoid. criticism that america still faces. despite the last minute compromise the. bill is now in the u.s. senate after months of. crisis. nato members pressed for tough u.n. syria's government in response to escalating violence but russia to block any resolution leading to a libya style intervention. by a tidal wave of antigovernment protesters demanding sweeping economic reform demonstrators complained so called some of discontent is a largely being passed over by the international media. business it's

a seal right and the market says that economic reports have investors longing for cover more and that's in business and. worldwide news from moscow this is. the lower house of the u.s. congress has done its part to prevent a devastating default by supporting an eleventh hour deal to raise the country's borrowing limit after months of stalemate and political squabbling the bill could be signed into law later if the senate also gives the go ahead. across the latest developments for us in washington. 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 it 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 is 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 and more of 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 that

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 right in time for the elections so no one really wins in this deal. that was. not let's get more of what's in store for the u.s. economy from gerald so then say from the trends a research institute on the publisher of the trends journal thank you for joining us today ratings agencies s. and p. and moody's have said that nothing less than four trillion dollars in spending cuts would allow the u.s. to keep its aaa rating but with cuts only worth about half that amount how imminent is the downgrade do you think well it whether they downgraded or not officially it's downgrading itself just look for instance what's happened to gold. since this charade began to take place on the beltway this budget battle gold is going up over one hundred twenty dollars an ounce the whole world knows what's going on i heard

your prime minister putin say that the united states is acting like a bunch of parasites and that's what this is when it comes to the dollar store can you explain why have the gold prices skyrocketed so much so quickly well because there's a devaluation of the dollar it's been going on for a long time but they're not calling it a devaluation what they're doing is they are flooding the world markets which cheap dollars just as the europeans are doing with cheap euros so the more the product is out there the less valuable it is so it's a de facto devaluation but in real terms again when you see gold prices skyrocketing that's what it means the dollar is it worth the digital paper it's not printed on our. focus it's at the last minute ditching the raising of the debt ceiling here you know when it really was a last minute deal the u.s. will make its finally stop bickering and get on with it but how but how does

a all of this political wrangling in washington impact on america's reputation with investments. well i'm you know what's a reputation a reputation is by what you delivered in ited states can't deliver the united states can't deliver on its wars it loses wars where there are iraq afghanistan the war on drugs the new war with libya they're losers the government did everything that they touch look at all the trillions of dollars the tens of trillions that have been pumped into the system since the panic of zero eight struck by the federal reserve by d.c. with the stimulus bailouts too big to fail everything they do they turn to failure why would any thinking adult look at the republicans and the democrats the inept and the incompetence to come up with a program that's going to salvage the nation investors having confidence looking to the same people that caused the problem to resolve it that's called insanity. and

now i went when you were mentioning ultimately the american people are going to bear the brunt of whatever caused truly are put into effect one might question why you put cuts in the public sector for example when the u.s. military which is the biggest military budget in the world in fact the combination of the entire world put together why doesn't america just cut on its wars and honest and massive massive defense spending because the business of america when i used to be a young man it used to be business now the business of america is war and you can see by the new ones that obama started and the old ones that he keeps going and you just listen to general and how arguably you know one of the you know a five star general the supreme commander of the allied forces in europe during world war two two term republican presidents and he was the american people that the military industrial complex is taking over the country what more proof do you need rory now we have the former general petraeus who is the brains behind the new

afghan surge now he's heading. the cia so the whole thing is defense and war it's the american mind set of the ruling military that's in charge or if i if i may just jump in just for a moment going back to the issue of raising the debt ceiling here with with us politicians from what i've read raising the debt ceiling is only going to stave off default for six months what happens after six months do we go through all of this again the american economy as well as much of the global economy is heading into the greatest depression anything everything that they're doing is not going to salvage you if you have a third mortgage it's like taking out a fourth in a fifth so what now just let's add this up what is this going to do by cutting back how is that going to create more jobs how is it when you have twenty five million people that are working not all have part time jobs how is that going to fix the

real estate problem which by the way the prices of fall and more dramatically since two thousand and seven since the great depression of the one nine hundred thirty s. how is it going to fix the trade deficit problem it's not the great depression is underway and all they're doing is trying to make it look as though they have a plan to stave it off they're not going to general but some answer from the trends for social institution publisher of the trends journal thank you thank you. well i still have you here in our information vacuum we report from mainstream media remains to one hundred and fifty thousand israelis demanding social change. and it brings a whole new meaning to overtaking have a look at this the tank versus the mercedes. find out what that's all about just a little bit later here on the program. a fresh outbreak of

violence brings more death to syria as government forces fire again on antigovernment protesters the u.n. security council is set to resume discussions meantime on the situation in the country amid reports of over one hundred being killed on sunday moscow has condemned the brutal conflict appealing to both sides for dialogue russia has been cautious about international action on syria fearing a repeat of what it calls a violation of the un mandate on libya it warns that any measures on syria must be restricted to solving and not aggravating the conflict as the e.u. expands sanctions on damascus a former u.k. ambassador to the country says to us that the internal situation in the country will ultimately asked the president that of president assad. 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 is 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 but in fact. does 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 while western officials are ruling out military intervention in syria instead though putting more economic pressure on damascus moscow says sanctions against the country are inadvisable well middle east expert

joshua landis things the restrictive measures will eventually backfire and only hurt 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 military intervention like libya but there is also economic strangulation that 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. you with r.t.

and much more for you waiting on our web site. has just two of the many more stories you can find on line fears over revived non-system the baltic states welcomes veterans of. a rally in a stone with fascism and finding a pocket of support in europe. and. the world strikes eastern russia becoming the country's first ever secede tornado the thirteen minutes dozens and caused massive damage. an independent panel of experts says there are doubts that poland's investigation into the plane crash that killed president lech kaczynski was an objective one was all agreed that pilot error was the main cause of the tragedy in russia last year but there are still differences between its findings and those of the moscow based interstate aviation committee let's get some more details on this now he's going to go to the dispute over the reasons behind the catastrophe has been going on since the crash itself what's the

final word now. well i think it's safe to see. and the findings of the interstate aviation community here in moscow be do you have a similar understanding of the fact that it was the actions of the crew that caused this catastrophe involving the president's plane but when it comes to the details that understanding seem to differ first of all the polish side claims that the crew made correctly decisions were not able to implement them whilst the state. of the pilot's decisions were wrong that's why they were not able to come into light and the interstate aviation community says that the only correct decision at the time was to stop the descent and move to

another. to us substitute airship due to the weather conditions at the time of the incident now also when we think about why events could have caused that brings us to psychological pressure if the polish side said that there was no psychological pressure on the crew at the time of the descent and this is minding the fact that to be head of the polish air force was in the pilot's cockpit at the time. the interstate aviation committee says just due to all the international rules and regulations the sole fact that he had off the air force was in the cockpit or with the pilots says it clearly shows that that was a direct psychological pressure now i was able to personally speak with he had technical experts within the interstate aviation committee here's what he had to say on this. is the presence of the commander in chief of the portion of forces

who was treated as a person who was. a marine commander for the for all the crew members and as we go the information he was responsible for morning two and call for supervising the crew training on to perform for four and if i'm like that and think there's a cook with and we can see that he he several times he informs luke who was an actual altitude so the only way to say that he was doing some of the actions of the pilot more flying so our pilots and our experts we have the technical investigation team we definitely can see those these to be psychological. pressure on the crew members. so the interstate aviation committee says that the main cause of the plane crash

was the lack of a decision a decision to stop the descent move over to another airstrip whether it was done because of psychological pressure or just by trying to avoid responsibility for not landing at the time at that place that was the cause now also talk about the differences of the understanding of the situation on the polish side and by the interstate aviation committee. that the airstrip itself was not ready to receive any planes while the interstate aviation community says it was sort of to receive planes there were minor defects which they could not have alone caused this tragedy but all in all neither of the findings of neither the aviation committee or the polish side were aimed at finding the person who was responsible for this catastrophe there were just simply studies off the situation while separate

investigations are still being conducted into finding who directly was responsible for that catastrophe alright you're going to live in moscow thank you. in israel television central square has been turned into a tent city crowds of protesters have expressed their discontent with soaring prices and plummeting salaries. reports the peaceful demonstrations often go unnoticed by their government and by the world's mainstream media. tens of thousands on the streets of israel angry. 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 you know back in the studios ok there's a protest well what exactly is a protest a social protest for the revolution it's not the same kind of story that they used to know 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 the 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 upset 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 from 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. cornered by some of the people here an optimism perhaps that they can bring down the government in the way they made this entire his school. bus whereas the cameras they were nonstop here they pretty absent what you see on t.v. television. well apparently for many western channels where there's no violence there's no new television based journalist and blogger army kaufman believes that such an approach simply reflects a poor standard of international reporting. i think that

a lot of news editors abroad kind of take certain things for granted when it comes to the almost go on to sort of autopilot if it's not anything to do with the israeli palestinian conflict it's just not a story news editors are just so trained to see israel through one prism and in a way they take the phrase if it doesn't bleed it doesn't lead to a certain extreme that goes a bit too far first of all you have to have an understanding a bit more of what these demonstrations are and how they affect the israeli political system. it's true that most socio economic stories across the world are a big story that's the case in most countries when they reach a certain threshold for example of huge numbers of people that participate in a protest and also when they. have the potential to stir up the political map as these protests do then these things should be should be

mentioned in the press and they should be covered seeing as how israel is in the news so often but when it comes to something that could affect the political situation and it isn't covered this is actually in my view bad journalism. you would see now a terror suspect has confessed to making the bomb that injured a five year old girl following an attack on a kindergarten in eastern russia investigators say the homemade device was wrapped as a gift box and left on the kindergarten terrorists in the city of moore it exploded when the child touched it packed with nails the bomb left the girl with multiple cuts and severe burns she is now being treated in hospital but the twenty eight year old suspect is still being questioned by police and authorities are now inspecting all schools and kindergartens in the region in connection with the incident. or not as good as some other news from around the world for you this hour nato has sent more troops into the cause of a after a week of conflict between ethnic albanians and serbs border violence killed one

cause of a policeman and brought peacekeeping forces under fire the alliance says the additional troops are not there to beef up its presence in the region but to provide immediate relief for soldiers who have been on the ground since fighting began tensions were raised last week when one cause of on the police seized two border checkpoints to impound a boat was me impose a pan rather on imports from saudi. at least twenty three people have been injured in the northern iraqi city of kirkuk after a car bomb exploded outside a catholic church police say further attempts to bomb christian targets were foiled the wounded included church staff and people from neighboring houses which were also damaged by the blast this is the latest in a series of similar attacks in the muslim region where minorities are regularly targeted by insurgents and religious extremists. israel's prime minister binyamin netanyahu has agreed to discuss a possible returns of pre nine hundred sixty seven borders with palestinians the

country has been occupying land in the west bank where palestinians hope to build their own state since the six day war the announcement follows a binyamin netanyahu is consistent rejection of the same proposal put forward by barack obama in may in return the palestinians would be expected to drop their bid for statehood at the un and formally recognize israel as a jewish state. rights heavy traffic and parking is a daily head i had taken in just about every major city of the world people unable to find a parking space will often just leave their cars in any available spot on the pavement or at a bus stop but the mayor of a little capital vilnius has decided that it just isn't enough have a look here see how he employed a simple yet effective means to solve the problem of your owner of this mercedes part one of bicycle just. i reckon it's worth awareness coupled with an on the vehicle video published by the mayor's office is there a mind to go through body traffic and parking. i would imagine that's going to work

quite well for future potential offenders. are a time now for the business with marina. hello and welcome to business here on artsy now i knew legal specialist is being appointed in each of russia's eight federal districts so help improve the investment climate the position of the so-called investment is the brainchild of pres the new video of their role will be to break down administrative barriers and be a point of contact for investors but the central government's. german energy a major illness taking gas from the courts to get a lower price for russian gas the company argues spot prices are up to fifty dollars cheaper per thousand cubic meters than the current long term contract that has with gas pump that's in the public all that has all the details for us. gazprom

says it already revise the gas price for last year at that time 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 had a loss of the gap between the gas problems prize and that's all the european markets which serves but the 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 that within the court's power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in favor. then stay with the story analysts claim cautious gas monopoly is in

a difficult position as it started to lose some profits or a market share you know on and off the chairman partners their demands for more things actually especially they would like to prize the hundred percent i think that's the big. problem was a nice profit from the other hand many criticism is from the european partners because they think it gets from doesn't follow the kind of flexible strategy with european partners they will lose market share so now that's the balance between losing market share and losing the profit. now let's take a look at the markets now it's a more or less a sea of red everywhere in the u.s. stocks are in the red as investors are cautious about the prospects of a recovery and a potential credit downgrade that's coupled with the reports they think spending to be climbed in june for the first time in almost two years kept indices in the red

now let's take a look at what's happening in europe stock markets are lower with banks leading the declines been part of bof felt super sons after reporting a one point one percent rise in second but a profits swiss banks are also low world with credit suisse all walk point five percent and the london shares of xstrata its humble two point two percent after the miner said first half net profits more than doubled. and it's a similar picture here in moscow both the indices ended the trade in session and negative territory the r.t.s. closed down point three percent while the my sex last point six percent so let's take a look at some individual movers on the my sex energy and banking stocks were weighing on the indices gasper almost down point seven percent while the to be lost almost one percent meanwhile russia's air carrier air force was up slightly supported by

positive results the company has almost doubled its net profits and the first half of the year region two hundred and forty three million dollars. and that's all the business is for that all the headlines are the exit of henri.