in india in the movie. the gateway hotel the grand imperial truly. socialist.

medicine. retreat. right here egypt's president. continues. he's facing charges of causing the deaths of nearly eight hundred fifty people during. moments ago he now. live pictures off the proceedings from the. u.s. of. the country. other nations through their economic struggles.

to push the warring sides towards dialogue to end the escalating violence in the country. just after two pm here in the russian capital this is. egypt's ousted president hosni mubarak is in court facing six months after being toppled outside the court clashes erupted between supporters and opponents of the former leader leaving one person dead and at least fifteen wounded mubarak is charged with the killing of protesters during the february uprising corruption as well. reports from. speculations continue to swirl up until the wee hours so once there whether or not

hosni mubarak will be able to make it to the courtroom now his this sounds to me a went to great lengths to pro-trade him as these frail old man who is now being subjected to these tools tricks procedures quite the opposite of the strong man image that he enjoyed for most of his life now over the past few months really heard multiple reports of his poor house so many egyptians people especially those who were counting out on the chalkboard square back in january and february all these reports of morehouse nothing more than just theatrical deployed to distract attention from the crimes that he stands accused all these charges include conspiring in the killing of about eight hundred people he's also faced with multiple charges of corruption and if found guilty he indeed could face the death sentence by hanging now it needs to be pointed out that so far we haven't

heard anything from mubarak but in the testimonies. interrogation that relates to depress we know does he denies all the charges he says that he never a days any order so using violence against protesters and that he does not accept responsibility for these crimes that he now spends accused of but dozens of people have been killed ever since he stand down and the only difference between these two groups says that those people killed in the initial uprising and now refer to as martyrs that families are receiving pensions and those who were killed out towards faster required step down from office i referred to as thugs and criminals there is a growing sense of disillusionment with them as just a society as regards to the truth of this revolution many people still does life has really become horace ever since full steam of our step down from power. even though and many welcome to trial but to tell you more how things changed here on

the ground here's a report by my colleague mary from. this quaint cairo is now one of the most famous in the world many around the globe even those with little knowledge of arabic know its name means liberation well the revolution of january put this part of the globe on the map but apart from that what else did it bring the people of egypt. this man has been running his own business for thirty five years it used to bring him enough money to send his son to study to canada and take his large family board once. between the economic devastation caused by and rest and political uncertainty mahomet's into price has been badly affected now he can barely a food to feed his children he says the wind of change may have brought freedom to egypt it is brought as survival strong in its wake.

but you know i love the revolution when it happened i welcomed it that looked at the time like a light at the end of the time that we see it's not getting better we have nothing to eat just don't tell me about democracy for hungry people it just doesn't matter . the plight of poverty fuel the revolution your growth has dropped from five to just one percent some thirty million people live below the breadline unemployment has he twelve percent. egypt's revolution was regarded as the most successful arab spring chapter it took eighteen days to end one of the world's longest dictatorships former president mubarak will face justice within days judges of corruption and sanctioning killing which carries the death penalty but five months on there is little satisfaction and dictator free egypt is far from the best place to live and the people. and. the people now. know much better than me that there. will be

a better solution and this in fact is a very sad that is out people are indeed tired even those who back the change in this young man is from the revolution youth caliche he tries to remain optimistic and he says sounds a lot like south conviction that if they keep us safe we've been living under mubarak for many many years too many i'd say but it's great what we did but we do need to be more patient and this is difficult we have a lot of problems but we do need to wait for a little longer. recentre need to mistreat the square issue that this toys has been pushed to the limit and it's protests versus haitians in the battle to save egypt from crumbling through the. grief and optional r t cairo. and r.t. is coming to you live from the heart of moscow and plenty more stories ahead for

you this hour including. i shall. soon we head to georgia to check out what's behind tbilisi thirst for glitz and glamour and how president saakashvili plans to win public support by turning up the news. the u.s. and narrowly misses a potential default after years of acting as a guiding light for other countries battling economic hardship russia was one of the states advised by washington over how to deal with this worst crisis in the one nine hundred ninety s. . has been investigating now why america is reluctant to adopt the tough measures it prescribes to others. congress has now approved a compromise to reduce the deficit and avert a default that would have devastated our economy the u.s. just had to swallow this bitter pill but many still adulthood will how the patients' recovery but will instead prove to be

a poisoned chalice our economy is not growing at all in fact unemployment remains very high foreclosures remain very high no recovery is taking place and are we on a suicide mission we may be gesturing you know to kind of deal with debt at the same time make it impossible for the government to play any role to save the economy any economy is going down rapidly at some point shortly after the collapse of the soviet union russia became an american laborde tree for nearly broke economic theories but can americans take their own advice now to deal with their own economic crisis. live within your means the same advice they gave us without knowing our economic and social realities as we. speak to the russian guy how did russia's central bank in the immediate post soviet period the year he took up the job in one thousand nine hundred two so the worst for figure inflation in russia's

history the u.s.s.r. came to nando's the communist economy was in collapse but there was nothing to replace it with. or supports the situation was disastrous for it it was over one hundred billion dollars in gold in foreign currency reserves will listen fifty million which effectively means new. people tell reformists of that then government remember how in america's advice so-called shock therapy was applied the markets might have got the therapy but the people got the shock empty shelves and must pull their genius goes or as one politician said to move from a market to a communist economy is easier it's low. trying to turn your query into fish soup but to do the opposite is much harder it's like trying to revive the dead fish it to cool it a decade to revive it's a quarry and return to economic growth transforming the country's fortunes after

the disaster of the nine hundred ninety s. but would be us now the patient in dire need it could all mix well soon see the maps and they thought it was good enough for both all of us will be feet for america it's in the direction of art. well i mean time gerald celente from the trends for social institute told us here that despite the last minute debt deal for us is doomed for yet another great depression 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 it 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 that loses wars where there are iraq afghanistan the war on drugs the new war with libya they're losers they 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 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. you without your life in moscow it's now eleven minutes past two in the afternoon the violence in syria is picking up pace with reports the government forces have resumed storming the opposition stronghold of hama and are cracking down on protests all across the country around one hundred and forty people are said to have been killed over the past few days meanwhile the u.n. is locked in heated debate over what action to take on the crisis in artie's as this story. the united nations security council wrapped up their second day of consultations surrounding the violence in syria with what many believe is at least

a draft text that each member of the security council will now bring back to their respective capitals there is a divide among security council members on where the condemnation lives the u.s. and its western allies believe there should be a direct condemnation against the syrian government and the syrian president for the crackdown against anti-government protesters that have been taking place since mid march yet other countries like russia china india brazil and others believe that there should be a much more balanced approach that whatever words are used in any text that is put forth by the security council should not exacerbate an already sensitive circumstance in syria now russia has said in the past that it opposes on balanced measures such as sanctions that could create an even bigger problem and the russian ambassador to the united nations vitaly churkin has said that the resolution

dealing with libya he believes was dealt with very frivolously and the security council can't help but keep that in mind when contemplating what the security council can and cannot do when it comes to the situation in syria we're concerned about the why don't some of these coalition of the conflict and we think that under these circumstances the security council could and should send bills that have signaled in favor of going to the goal of addition and ending the violence the security council will convene again wednesday morning to continue taking on this issue of syria and all the violence that has been going on for more than four months there. or how from syria syria to libya now with a u.n. mandate to protect civilians there has come under fire for the way it's being implemented some countries feel the nato led coalition is using it to try and topple colonel gadhafi political analyst michel are trotted off key things going down the same path in syria could engulf the entire region and more people who are

actually committing crimes against humanity is the nato u.s. military alliance we see it did in libya there was absolutely no justification for the intervention in libya. insurrection which which took place in eastern and eastern live yeah and there's even less of a justification for an intervention in syria is a very important country and if there's military intervention in syria then we are in for an extended war which goes from the mediterranean right to the chinese border because then you have integration of the of the war theaters in afghanistan and iraq of course palestine lebanon on and so we're in for a much larger war let's understand that any kind of military intervention in syria at this stage using the pretext of a protest movement or responsibility to protect we have devastating consequences

and lead to a military escalation of a vast area. i know we've got some exclusive coverage of the violence in syria on web site one of our reporters has been in the city of hama where over one hundred people have allegedly been killed just in the past few days alone feel free to head over to com right now for the full report. still ahead for you in the program here on our bells go off in the balkans nato presence along the border between kosovo and serbia so keep a close watch on rising tensions. now a quarter past the hour a grand concert has a rock for the republic of georgia in an event some locals have branded a waste of taxpayer money with the economy struggling and unemployment running rampant georgians have question how their president coughed up the cash for such a spectacle and as reports mikhail saakashvili is hoping his approach will strike

a positive note with the foot. that was two of us only been targeting the m.t.v. generation the state funded pop concert in between me and certainly attracted some big names i like so much and u.k. good here's george s. patton was. fired so lots of favor this president back it's been a popularity continues to hold specially among the older generation thinks he's not trying to appeal to a much younger crowd so the first time the president's caves eat up the stars what many see as a bid to win popularity. for me to start to lose were smart for a specialist over more than a p.r. i'm sure he knows how to establish out across the system inside the country but it's the same time. for restoring diplomats or worse for government the p.r.

conscious president has often used music as a political weapon this song commissioned ahead of the teeth thousand and eight presidential election uses his nickname in the humble title me sure is cool. you know or any other normal country were full of singers or yourself when you give all the president all these high profile publicity stunts they come at a cost. to my with the money to bring such stars to juju to pay for the equipment because government funds come from the money of taxpayers like me and according to you can take money from such bonds that are more than ours that was the concert adverts will certainly have gained the country attention in the west beyond beautiful but to me it is still a country where human rights violations not uncommon international groups such as human rights watch say that the government was responsible for the widespread abuses last year police brutality bans and press them. and abnormally high

conviction rates in cools cited as some of the serious concerns in fact police tactics were evident when a protest in the center to police the recently this violently dispersed. the incident sparked international calls for an independent investigation also known as being forthcoming save the government has found time to plow money and energy into tasting this pop concert and as the stars take to the stage police brutality and lack of government accountability issues it seems that can be brushed under the red carpet it's being called the biggest party tools in the basics of the events of being quick to point out the likely things contact the late in the very seriously she's the only good friend in the country copeland was still going to be here when the parties and the meeting so there would be to be.

modern music isn't the only new initiative associated with ga if you go to our website you can get more details new. videos georgia makes tourism eight feet high priority as the country considers legalizing. the number of foreign. citizens. parking driving and. also online. jumping for joy for swedish explorers find an extraterrestrial object looking at the bottom of the baltic sea drawing comparisons with an infamous spaceship from the.

now at twenty minutes past the hour here in moscow nato has sent additional troops to cause of north border with after an escalation of violence belgrade calls for a peaceful resolution there in force and will bolster alliance forces already patrolling the area one officer was killed in clashes between the cause of our special forces and ethnic. police took control of two disputed border crossings special forces were sent to the border by the cause of a government to enforce a trade ban on serbian imports it was in response to belgrade's existing in. goods in place since because of those unilateral declaration of independence in two thousand and eight. a canadian film director says that serbia is under pressure from the e.u. to recognize kosovo. situation in kosovo is very unstable this is due to the illegal acts of the so-called government of course of all it is not

helping saddest talks of course in the negotiations there due to continuous september and the whole escalation of violence is simply not going towards a peaceful solution that everybody is hoping for considering that the international community has an interest in solving the so-called north cost of the issue it would not be unreasonable to suggest that they are trying to sort of fix this issue as fast as possible and i strongly believe that if force is necessary to do what they have planned they will use it and we must also remind ourselves that the e.u. asks of belgrade as an unwritten prerequisite to recognise closer as independence and this would mean that belgrade should accept kosovo's sovereignty and territorial territorial integrity which which is very complicated to explain to the people of serbia this escalation of violence of course is not helping belgrade because. the people of serbia. see this as

a provocation and it is making their sentiment against reaching a compromise. not very favorable tried her side serbia has already made many concessions to the so-called republican fold so they recognize their documents their i.d.'s their license plates so i think calling for the albanians to negotiations is another call for serbs to accept more things that are just leading to serbia recognizing kosovo. without t.v. now let's try to check out some other news from around the world for you this hour at least thirty four people have been killed and dozens injured in two days of clashes in the ongoing violence in pakistan's city of karachi reports say bodies were found of scattered across different parts of the country's largest city some are riddled with bullets and showing signs of torture police believe about two hundred people were killed in karachi in july. i alone the city has a long history of ethnic religious and the sectarian violence among the city's main political parties. twin explosions have struck western baghdad killing four and

wounding thirteen officials said the first blast occurred near a local convenience store with the second bomb going off a few minutes later when police and witnesses have gathered at the scene but it comes after iraq's political leaders gave the government the green light to negotiate with the u.s. for a possible deal to keep troops in the country on a training mission. colombian authorities of captured two suspected leaders of a cocaine operation involving the transfer of twenty tons of drugs per year to the united states the submarines police say the arrest was the conclusion of a six year investigation into the drugs ring the men were apprehended after the u.s. coast guard announced the capture of a submarine off the honduran coast carrying seven and a half tons of cocaine the whole had an estimated street value of one hundred eighty million dollars. all right you're up to date now with the main headlines

here on r.t. i'll be back with a recap in a few minutes after the business news. our welcome to our business update this hour here on r t thanks for joining me pay pal is weighing plans to open an office in moscow of assault according to the news paper the world's largest online payment portal is planning to invest twenty five million dollars in russia pay pal is coming you had in hand with its owner online auction site e bay in order to operate in russia. online transactions and deliver it while it's in talks with d.h.l. about postal services pay pal will be transferring money analysts say pay pal's move looks reasonable given mushers booming online payment market. prices for jet fuel in russia are and are about to take off again the country's key suppliers hike fuel charges by up to ten percent on tuesday while companies say that high global cool prices and domestic shortages are spring to increase in addition like

a fuel is being driven by higher traffic volumes from russian airlines jet fuel prices have risen twenty five percent this year with the previous hike in early june. let's have a look at the markets now declining for a fourth day in its longest losing streak since may investors bet that signs that was slowing u.s. economy may hold demand for the world's biggest consumer of crude gold is edging higher in london as concerns that the u.s. economy is faltering posting demand for safe haven yellow metal is trading half a percent high and silver is that in point seven percent the sell. european stock markets overall were on the heels of sharp waltzers in the u.s. and asia among the worst performers on societe generale who stopped six point six percent after reporting a thirty one percent drop in second quarter net profit other banks are also mostly lower except for standard chartered at last that rose two percent in london after the lender reported a twenty percent rise in its present. here in moscow markets. diving into negative

territory tracking losses and asia europe the odds as in my six losing one point three percent now let's have a look at some individual moves on them isaac's energy mages among the main losers wait by a lower crude price is losing one point three percent this our walls have to stop around one percent baggage stocks are also in the red with bt being down one point two percent bucking the trend is probably metal cutting point two percent as well as on higher gold price. has boosted its first half net profit by seventy four percent to two point six billion dollars the oil arm of gas monopoly gas problem says the results are driven by high crude prices and improvement in sales. with global markets reeling from continued uncertainty over debt issues i've sent a copy of call at when he says capital believes investors will continue to talk of

gold there is no secret in this with all these risks aluminum like us slow down the weakness of a ball on. the periphery elbereth problems people are going to gold that's why in the russian space i do see free. stocks which are dealing with the gold these are probably metal borne exalts but i was gold we sure are we all bring attention from the side or from the rest of us russian mobile phone retailers is to list on the london stock exchange next year the company's c.e.o. has estimated its value of between one point six and two point eight billion dollars and says up to forty percent of shares will be sold meanwhile says neuer has reported twenty six percent profit growth for the first half of for year. we're trying to prepare ourselves for the possibility of an i.p.o. next year we're looking at two windows one is maple the other ones october is not

the only way to raise funds obviously there's private placements there's also a possibility to get rather than equity so once again we're looking at i.p.o. is one of the alternatives to want to raise funds the reason why we need to raise funds is primarily for the other projects within the group the shareholder of his noise also has other projects like snow in being that it's looking after and those are the projects that need the funding that's all the business is for now i'll be back with one forty five.