in india all of these are made of the move the joint the hotel rooms the elevators the gateway to the grand imperial truly the torch was pushed through until you can a letter to the socialist see don't need to go and. read this and the kindle will search no as a school retreat. the deposed president although egypt goes on trial in cairo the ailing hosni mubarak is charged with corruption and the killing of protesters as angry crowds clashing fatally outside the courthouse shortly we'll be talking to our own up oibda who was there reporting life. italy begins a crisis talks with the e.u. over its mounting debt problems sparking concerns it could be on the path to a greece style bail. divisions and the un security council western countries press for an al friday condemnation of the syrian government for violence russia meantime says that could damage the road to peace and calls for more balance. on

business paper could be coming to russia in its twenty five million dollars deal we'll have more in the business in twenty minutes. global news a live from moscow city center this is artsy i'm a reception the man who ruled egypt with an iron fist for thirty years is on trial after the february uprising that ousted him from power hosni mubarak is accused of corruption and ordering the killing of some eight hundred forty people that's a charge that carries the death penalty. is also caught up in cairo standing by live for us on how high the opening day of the trial is wrapped up can you take us through the hearing what happened. just as.

he. will be feeling the pain from emily being. expected to remain. far from the fire and colleges. to undergo. the. cancer and he's. indicated that he may actually be structuring a lot of that illness and nowadays not he's how. to cure or third baby in his hands and indicated that he was in quite a feeble condition you. probably t.v.'s here in a just a few days ago saying that he needed assistance every time to the fact. that he was slipping in and out of consciousness that he was suffering from a major depression and essentially that he didn't want to leave and longer now.

were founded with a reason for joining. him but from these people coming out on the back in february and january believe that all these three or so for how it's actually a room they are trying to be trying to ban the bar from giving peace. in the courtroom asked for some but since including a former interior minister and sixty five special. thank you and. minor point i would like to point out to many that these days. ashes here in cairo receive the only real answers for in the morning. the pro and con artist supporters. ok oksana oksana i do apologize i do apologize

i'm going to cut you off there regrettably we were having a bit of a technical time with your microphone so we'll catch up with you a little bit later for now though let's cross into our maria for an option as the story all about your reporting on mubarak and egypt. 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 that means liberation well the roloson 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 abroad once a year but with the economic devastation caused by and rest and political uncertainty mohammed's enterprise has been badly factored now he can barely afford to feed his children he says the wind of change may have brought freedom to egypt

and its grant and survival strong in its wake. but you know i loved the revolution when it happened i welcomed it but look at the time with a light at the end of the tunnel you see it's not getting better we have the 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 thirteen million people live below the breadline unemployment has hit 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 and five months on there is little satisfaction and dictator free egypt is far from the best place to live and the. people know. much.

and. they're very. people are indeed tired even those who back the changers. this young man is from the revolution youth caliche and he tries to remain optimistic but will he says sounds a lot like south conviction. and i say we've been living under mubarak for many many years too many i'd see 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. recently new demonstrations in the square show that is tyson has been pushed to the limit and it's protests versus patients and the battle to save egypt's from crowning further grief an optional r t cairo. with r.t. live from moscow now a new storm is brewing and crisis hit europe as italy enters crisis talks with the

e.u. over its surging borrowing costs the country's bond yields have reached their highest level since the euro was adopted spain is facing the same problem as traders rush to rid themselves of risky investments economics journalist apart again says a bailout would be disastrous for the entire euro zone. the european union's be alive and is on the verge of running out of money as soon as one of those major economies such as they are not italy default and every day the market is saying it is terrified of the death has been built up in the system and it's appalled by the fact that nobody in the euro zone wants to actually lead a sight of this problem italy asks for a bailout there simply isn't going to be enough money in there in order to manage to pay at the same time we've got a problem because banks in france and germany well they're very much split think in ways to try and reduce their risk and reduce their profile of debt and these lesser quality nations the big banks are moving very quickly to get out of this debt i

think the problem is that they're using quite sophisticated derivative instruments often in order to reduce their holdings and the problem is those instruments aren't necessarily available to smaller banks in the sea and big countries. france and germany so we actually have a problem because when mrs merkel or mr sarkozy looks at the problem tonight they've got a situation where the big banks may be able to say whew i'm ok i've got out of this problem but actually the smaller banks are the ones who are going to be left holding the baby actually italian host holds by a huge amount of italian government bonds and that's always been a very steady business but at the same time somewhere along the line you need to sell some of your bond issues to overseas investors and if. basically says we don't want to hold italian government bonds there are lots of other foreign investors are going to say course we should buy could be on to something we don't want to buy those bonds either and the problem for italy is it has a lot of we funding coming up in the course of the next six months in other words

it needs to sell a lot of debt and no one in the euro zone wants to cure the problem they simply want through affectedly aspirin to cure and pander cyclist's annoyed everyone is gradually getting the appendicitis throughout the euro zone along fortunately the way to cure appendicitis is actually surgery. meantime across the ocean through the world's largest economy though that world's largest economy excuse me has been rescued from the brink of collapse barack obama signed the bill to raise america's borrowing limit with just ten hours to spare before the country was due to default after months of political wrangling democrats and republicans hammered out a last minute compromise which finally cleared both houses of congress however the deal to increase the u.s. debt ceiling by almost two and a half trillion dollars is viewed as less than perfect by both parties many republicans pushed for less government spending while democrats wanted to keep social programs and have the richest americans pay more in tax but despite a last ditch agreement credit giant moody's has slapped a us with

a negative economic forecast while standard and poor's could still downgrade its aaa rating. from the trends a research institute told r.t. that the u.s. is headed for another great depression. so 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 dollars just as the europeans are doing which euro's so the more the product is out there the less valuable it is the dollar is it worth the digital paper it's not printed on the united states can't deliver on its wars that loses wars whether in iraq afghanistan the war on drugs the new war with libya they are 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 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 fit how is that going to fix the real estate problem which by the way the prices of four with 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 a 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. well economists continue to sound the alarm of a danger still facing both the u.s. and world economies this fear that washington's efforts to cut spending could just slow down already sluggish growth but it's also you that you're going to have reports many say that the u.s. is used to dishing out advice to others but maybe less accustomed to helping itself . congress has now approved a compromise to reduce the deficit and avert

a default the would have devastated. the u.s. just had to swallow this bitter pill that many student it 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 and no recovery is taking place and are we on a suicide mission we may be gesturing you know to kind of deal with there at the same time make it impossible for the government to play any role or to save the economy an economy is going down rapidly at some point shortly after the collapse of the soviet union russia became an american laborde tree for nearly economic theorists but can americans take their own advice now to deal with their own economic crisis . live within your means the same advice they gave was without knowing our economic

and social realities in. week to the russian guy how did russia central bank in the immediate post soviet period the year he took up the chop in one thousand nine hundred ninety two so the worst four figure inflation in russia's history the us the sorry tkinter nans of the communist economy was in collapse and there was nothing to replace it with. so perhaps this situation was disastrous for the good it was over a hundred billion dollars in gold in foreign currency reserves was in fifty million which effectively means nil will be able to with the only sort of them 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 nice pool which he as one politician said to me from a more kits to a communist economy is easy it's like trying to turn your pouring into fish soup

which do the opposite is much harder it's like trying to revive the dead fish it's to coordinate russia had decades to revive its 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 not a patient in dire need of it could all make. we'll soon see the marks and they thought it was good enough for both doggie at russia will be paid for america it's in the back yard t. want to stay. and are plenty ahead for you this hour right here in our including rocking with the stars find out why george is president's love for parties and music is failing to strike the right note with something as a country. there's no sign of violence in syria letting up as the crackdown on protests continues some reports of government tanks moving deeper and of the opposition stronghold of hama over one hundred people are said to

have been killed over the past few days meanwhile the u.n. is locked in debate over what action to take on the crisis in artie's marina court as in new york. there is a divide among security council members on where the condemnation rai's 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 that charlie churkin has said that a resolution dealing with libya he believes was dealt with very frivolous really 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 some this coalition of the gauntlet and saying that these are the security council could and should the positive signal in favor of them to go but the issue of them being the violence some of their positions to flood reaching in terms of. which is that remember with the objective picture. of the russian delegation and some other members of the security council to do everything possible in order to. pull away from the brink of a civil war. is running itself and russia and many other security council members

believe that the text of any draft resolution or presidential statement should be aimed at changing things on the ground in syria to send a strong. to the violence and move things forward peacefully now we do know the security council members will continue discussing this matter and what is clear is that the international community is trying to reach some type of consensus to help end the violence that's been taking place in syria for more than four months his report in our reporting i want to talk about the ongoing protest movement in syria some analysts doubt that the opposition accurately reflects public opinion in the country and its political expert michel chossudovsky says the gap between the two conflicting sides is only one. question we have to ask ourselves is what is the underlying cause of this of this so-called protest movement it looks more like an old insurrection with god which is supported by the balls the

brotherhood all these events in effect. from this study groups the city of hama is a stronghold of the muslim brotherhood and essentially this is a confrontation between the muslim brotherhood and the government i do not think that it reflects generally public opinion in syria which is committed to to a secular. muslim society. now you can always catch up with the latest developments unfolding in syria i just use a one line at r t dot com i get our crews who view from the ground as we take you to the city of hama to give you a firsthand account of events directly from the heart of the protest torn area. also a wooden alien lands in russia this monument to extraterrestrial visitors is unveiled in an area famed among your fans the high numbers of reported sightings all that much much more technology to come. all right so now let's get some other

international news for you this hour here on r.t. four people have been killed thirteen injured after western baghdad is struck by twin explosions officials say the bombs targeted a liquor store the first brought police and witnesses rushing to the scene but to be caught by a second blast a few minutes later this comes after iraq's political leaders gave the go ahead for talks aimed at keeping u.s. troops in the country on a training mission. japan has passed a law to help tokyo electric power paid compensation to victims of the fukushima nuclear disaster the crisis forced almost eighty thousand people to move from around the crippled plant but with farm fisheries and tourist industries in the area also hit hard the government is expected to pitch in an initial twenty six billion dollars in special bonds but the eventual cost could be much higher. hundreds of troops have been deployed in the city of karachi in attempts to and

ongoing violence that has killed almost sixty people in five days reports say bodies were found scattered all across different parts of pakistan's largest city some riddled with bullets and showing signs of torture police believe around two hundred people were killed in the city last month alone much of the fighting has been blamed on supporters of the country's main political parties. a grand m.t.v. concert was a rock in the republic of georgia in an event the local critics branded a waste of tax payers money the struggling economy and rampant unemployment georgians have questioned how and why the president coughed up the cash for such a spectacle and it's not easy sarah for courts mikheil saakashvili is hoping his approach will strike a positive chord with voters now what's not that's only been targeting the m.t.v. generation the state funded part confident the timi has certainly attracted some big names. i like so much and you make

a good here's george just that's what. it's a lot of our favorite this president pakistani popularity continues to call the among the older generation thinks he's now trying to hail a much younger crowd so the first time the president's case lead up to stars and what many see as a bid to win popularity. in the stock market for. more than a p.r. and here are culprits the result across the system inside the country but if this entire. restaurant diplomats or with regard to 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.

during the normal country where pop singers or three years of trying to give all the president all these high profile publicity stunts they come at a cost. i deny where they got the money to bring such stars to juju ok 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 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 are not uncommon international grief such as human rights watch say that the government was responsible for widespread abuses last year police brutality bans on free assembly and abnormally high conviction rates in course cited as some of the serious concerns that police tactics were evident when a protest in the center to police the recently and. violently dispersed. the

incident sparked international calls for an independent investigation it was known for being forthcoming safe because it has time to plough money and energy into tasting this pop concert and if the stars take to the stage police brutality and lack of government accountability a she's it seems it can be crushed under the red carpet it's been through the biggest party through to the basics and the effects of being quick to point out the likely contact in the very. early in the three. will still be. there. now if you stay with us shoulder you can watch our special report on the u.s. led invasion of iraq and of course the aftermath after walking out of reno joins us with a bit of a business update. so you'd mentioned

a few moments ago that have paper will be coming to russia but it's been operating for years why make the move now well here's the thing or even a actually owns pay pal and it's coming to russia but to make that happen in these to sort out its own line transactions for you know russia is considered one of the largest and fastest growing payment markets in the water i suppose it makes perfect sense exactly but i'll tell you more about that in the minute we have other news. is that russia is considering the full privatization of one of its oil majors lights when some seventeen now the government already plans to sell a third of the company leaving the controlling stake untouched so weeks ago russian president dmitry medvedev said the state will not rush the privatization of left outlined the decision will be made as he says it is considered necessary. and now to the news though something about pay pal is wayne plans to open an office in moscow this autumn according to the better most newspaper of the world's largest

online payment portal aspirants invest twenty five million dollars in russia paperless come in hand in hand with its own or as i mentioned earlier online auction site e bay and in order to operate a russia eating needs to sort out not just its own line transactions but also the delivery and while it's in talks with the h.l. about postal services pay pal will be transfer in the money analysts say pay pal as move looks reasonable given russia's booming online payment markets. prices for drugs in russia are about to take off again the country ski suppliers raise fuel costs by up to ten persons on tuesday while companies say that high global crude prices and domestic shortages are spurning crease in addition the lack of 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. now

let's take a look at the markets oil prices continue to fall this hour investors that signs of a slowing u.s. economy may fold for a few of the round in the world's biggest crude consuming the nation features dropped as much as one percent since you say after the unexpected fall of the u.s. consumer spending. but as far as gold is concerned it's adjuring ask concerns that the u.s. economy is faltering argues the demand for safe haven they have already overstrained half a percent higher while still her is adding points eight percent there. is a look at the european markets stock markets there are lower only heels of sharp losses in the u.s. and asia along the was performers are societies and their own which dropped six point six percent after recording a thirty one percent drop in second quarter that profits of the banks are mostly lower as well pots excess force that are chartered which rose two point two percent to london after the reporter that's twenty percent rise in its first half while

things. and here in moscow markets are governance in negative territory tracking also in europe and asia both the arts yes and then my sex are losing over all brown and i have to start this hour a second look at some individual moves on the my sex energy majors are among the main losers played by a lower crude price gas promise down over two percent the rolls left this one and i have two sons in the reds banking stocks are also down with deeds to be. losing one point seven percent but bucking the trend this probably is gold adding zero point six percent on stronger precious metals. gas from left has boosted its first half net profit by seventy four sons at some point six billion dollars the oil arm of the gas monopoly gas from says the results are driven by high crude prices and better sales. russian mobile phone rates or less thousand oil is so this

on the london stock exchange next year the company's c.e.o. has estimated its value on its way to one point six billion dollars and says up to forty percent of shares will consult meanwhile says no one has reported its money six percent profit growth for the first half of the year. and a triumph of personal for the possibility of an i.p.o. next year looking into windows one is only going as october i.p.o. is not the only way to raise funds obviously there is a private placements there is also possible that you get rather than equity point in saying once a year we're looking at i.p.o. is one of the alternatives to mature response the reason why we actually need to raise funds is primarily for the other projects within the group the shareholder of such as noir who also has other projects like spiritual being that it's looking after and those are the projects that need the funding. that's all the business is for now the headlines are lax the foreign.

downplayed the official ante up location chauny phone the i pod touch from the on choose option. video on demand on cheese mine comes and r.s.s. feeds now in the palm of your. question on the t. dot com.