in india all she's available is the move the joint the hotel rooms the home of villas the gateway hotel the grand imperial truly the taj was the coolest coromandel you can go with her till the close of the show to sit down to go and. read this and the colonel was total retreat. if you hold crisis talks with the e.u. ever it's mounting debt problems sparking concerns it could be on the greece style bailout. supporters and opponents of hosni mubarak clashed basically outside recording karo ready to post an ailing president of egypt faces trial. if they feel the charges of conspiring in the killings of almost eight hundred people something that he categorically denied could be other kind of forget for more detail think of the candidate. divisions in the un security council western countries press for an

outright condemnation of the syrian government for violence russia says that could damage the road to peace and calls for more violence. and business process cause a some plants are getting bigger what the government concerns about its entire stake in many major companies will have more on that end business and twenty minutes. international news or comment this is r.t. live in moscow just turned ten pm in the russian capital good to have you with us this hour beleaguered europe is caught in stormy seas once again as italy has held crisis talks with the e.u. ever it surging boring costs the country's bond yields have reached their highs level since the euro it was adopted in prime minister silvio berlusconi has stopped short of asking for a bailout but let's get more now from this from our europe correspondent daniel

bushell and he's joining us live in brussels done your prime minister berlusconi really tried to reassure the trouble markets but just how serious is the situation right now. don't panic is what prime minister berlusconi told the parliament but that's exactly what the markets are doing he said that he had italy that under control and that he was putting in spending cuts to make sure that the economy was horrible but the news came out the one of the world's biggest lenders has slashed its exposed not just to italy but to the other troubled states of greece ireland and portugal which really sends out the signals because it's the business who decide at the end of the day not the politicians and the best of the saying they really don't trust the word of the national politicians they say they've got their house in order so it's really has been crossed and still today with. represents the finance ministers here for the euro's and because the mediation will continue to

take place in calm but really i'm ok it's the same the opposite because of course people promised off of the greek bailout that there would be no more then its only comes along which of course in the meantime we've had portugal ireland and the second greek bailout the people here across those are also being you know you were promised that there will be no more and yet is another another taking place so there roofie is here that there's a domino effect and the yields on the italian form of the six percent which is considered the full sustainable that spain in the same. over six percent of the prime minister there's a terror has counseled his holiday to do with the crisis in spain the trouble is greece of bullets in the school economy is bigger than all three put together so even if the e.u. doesn't want to bail them out a question is can they afford. greece's second rescue package down to less than two weeks ago failed to give investors enough reassurance walk mall is being done to

limit the damage now. it's a lose parliament the polls pretty savage spending cuts just last month but all the signs of the islands won't take them they're talking of national strikes they're talking of refusing to accept pretty much the same as we saw with greece which saw these horrible violent protests on the streets that were really thiering a repeat of the horrible scenes that we saw in athens e.u. chief jose manuel barroso has said that the market treatment is a cause of the concern because more kids have reacted negatively to that news and once again we see europe is turning to the emerging markets for rescue. which the european investors seem not willing to boy the head of italy's treasury is on a tour of asia and he's trying to find support for italy's bonds there so it's really a case of the emerging markets once again coming in to bail out the struggling

economies of europe daniel thanks a lot for that update live from brussels correspondent daniel bushell. well meanwhile across the ocean the world's largest economy has been saved from the brink of collapse as barack obama signed an eleventh hour bill to raise america's boring limit economists continue to sound the alarm over danger still facing both the u.s. and world economies as it's feared washington's efforts to cut spending could just slow down already sluggish growth results of 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 that would have devastated our cars the u.s. just had to swallow this bitter pill but many students it will help the patient's 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 the kind of deal with there at the same time make it impossible for the government to play any role to save the economy in the 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. living within your means the same advice they gave us without knowing our economic and social reality in. the russian guy how did russia central bank in the immediate post soviet period the year he took up the job in one thousand nine hundred ninety two so the worst for figure inflation in russia's history the us the saarc in turn and of the communist economy was in collapse and there was nothing to replace it with. the support of the situation was disastrous

there it was over one hundred billion dollars in gold in foreign currency reserves was in a fifty million which effectively means nil bork people still reformists of the van government remember how in america's advice so-called shock therapy was a flightless the markets might have got the therapy but the people got the shock and to shelves and mass over and over as one politician said from a markets to a communist economy it is easier it's. 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 took more than russia a decade to revive its a quarry and return to economic growth transforming the country after the disaster of the ninety nine but would be us now the patient in dire need of economic surgery will soon see. it was good enough. for america

if they're not actually art. egypt's ousted president hosni mubarak is on trial in colorado for corruption and ordering the killing of some eight hundred forty people during the federally uprisings a charge that could incur the death penalty outside the courtroom mubarak's supporters clashed with his opponents one person was killed and a further fifteen were injured as each side hold rocks and bottles at the other parties are kind of boycotts following developments for us. well the judge presiding over the courtroom ruled that the trial of. jordan feels all this based is primarily due to health reasons i'm still expected to remain at a military hospital overseas and i'm colleges. are dissatisfied in this that's been the. people's.

mind and that the trial i still stand. for slipping in and out of that. fact. that some. people are dropping out i think they're back in january and actually believe that all these reports are more help nothing more than just tricks deployed as child. passes i believe that's. also. that he's in charge of. generals that. was. passed on and. i don't. want the political i think

that to remain in power for. the child was surrounded by the very security or bring about thousands absolutely and that's why puppies. are advertised classes because i see the future here in iraq. as far. from there are a lot of expectations that route. all of the. earth. people. that were big thank you. very much an economy over to the left and then i call it a very international airport. 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 perfectly means liberation well the religion of january put this part of the globe on the map but apart from that what else it is really the people of egypt. this man has been running his own place in this for thirty five years it used to bring him enough money to send his son to study to canada and take his large family brody once a year between the economics of the station caused by and rest of the political uncertainty mahomet's enterprise 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 has brought a survival stone and its way. sad about it but you know i like the revolution when it happened i welcomed it that looked at the time like a light at the end of the tunnel 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 fueled 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 but why months on there is little satisfaction and dictator free egypt is far from the best place to live and we have the people who are getting ready. and they are getting ready. for the people now are talking about well much better than a day is today about evolution and its impact and they're very sad that is out people are indeed tired even those who back the changes this young man is from the revolution youth caliche and he tries to remain optimistic and he says sounds a lot like south conviction that i think on our side 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 right now but we do need to wait for a little longer. recentre need to mistreat she's in the square show that this child system has been pushed to the limit and it's traitorous versus patients and the battle to save egypt's from crumbling found raif an option or r.t. kyra. check out our website r.t. dot com for more stories news and video in addition to what you see here on screen here's a sample of what's not up here right now should you log and. sonnen voice has many countries in the grip like anti-government protests but in israel demonstrators are hungry not just for economic reform but also for international media attention. and pop goes the president found out by the georgian leader hopes his love of music might strike a chord in the hearts of his people those stories and plenty of others an article

can't. there's no sign of violence letting up in syria the crackdown on protests continues as government tanks reportedly move into central china the opposition stronghold more than one hundred people are said to have been killed over the past few days meanwhile the u.n. still struggles to agree on action to address the crisis artie's marina portnoy is in new york. they're working towards a presidential statement and for that all fifteen members need to agree on all the text that is written in this statement what we know that they have agreed on is calling for an end to the violence but there is there is a divide between whether or not the draft the presidential type should include violence against security forces the west western countries and the u.s. do not consider there to be violence against security forces they believe the civilians in syria were demonstrating have been have been assaulted and there's

been a crackdown against them but there are other members of the security council that see the circumstance of it differently which brings us to the story and why it's taking so long but we do know the international community is working to try to reach a consensus to get a statement out for syria to listen to you know the russian aggressors the united nations batali churkin that interest the media saying it's no secret that the u.s. and western countries think that the mask is is to blame for the violence that's been taking place in syria for more than four months and by just putting pressure on syria possibly this problem would go away but russia and other security council members don't see this circumstance so black and white and that the task of the security council is to push both sides towards dialogue and end for the circumstance to and in a more peaceful manner we're concerned about the well and some of the solution of

the ground and we're seeing that under these circumstances the security council could and should be positive signal in favor of political accommodation and ending the violence some of the positions to flood reaching in terms of leaning on one side which is that your mental well being objective. for the russian the league. shared by some other members of the security council to do everything possible in order to. pull away from the brink of a civil war where syria is finding itself the draft presidential statement that i have seen also calls for the respect of human rights for there to be a national investigation into all of the violence and for those responsible for the violence to be held accountable for all fifteen members need to agree on this text for it to be adopted and then announced and that's what we're standing by to see if that will happen the. report when to learn of the new york will to talk more on the

situation in syria i'm now joined by political analyst but it doesn't roy he's actually joining us there in libya thanks so much for being with us here only to our to you know we're the international pressure mounting on syria each day is there a danger that we could be heading for a repeat of libyan events or all the situations in the two countries very different . situations and very similar. events in libya and syria have been orchestrated by the same people one of them is an organization including the national endowment for democracy and back and people who started. these problems and stable and destabilization of syria are the same people who started in libya and actually have meetings in cairo in early february when in libya coyotes broke out the people who were part of this so-called transitional council in opposition in libya met with the same people who are starting the problems in syria they all

met in cairo and bernard henry louis p.h.l. of france was there and met with him in cairo in february when all of this broke out there it exact same modus operandi of crime are being used in syria and libya so because everybody else here not even so you're saying that this uprising isn't by the a genuine uprising by the people of syria people who appear to be losing their lives over there cause for a change in the regime. well people have died i don't deny this people are dying and yet true but i'm saying that the numbers and the facts are being cook we are looking is seeing human rights organizations human rights organizations that we know very little about are being quoted about these numbers and what libya and syria they have a monopoly in the media someone should ask who are the people behind the funeral rights organizations there is a political motivation between what they're saying in syria and in libya syria and libya are the exact same cases in regards to media point being used against trees

and for example lamont of france said one point six one point something million people gathered in two cities in syria those cities don't even have a combined population to meet that they're not their example which is the young man in syria was killed he's being used as a symbol as a shakira martyr as it is in arabic but this young man's family says it wasn't the syrian government feel that nobody is talking about the atrocities and the weapons going into syria being used against the syrian military i don't want to say ok i'm sorry but i let me just ask you quickly about karl rove though the events happening there the former egyptian president mubarak in his declining is stands or lies in bed before a judge tell me what could this hearing mean to leaders of other countries in the so far survived through the the arab spring. some people believing that this could be a message others can interpret. it typical behavior of the united states britain

france and several other countries in western europe where they were the. former allies sadam hussein is an example the taliban are examples that this is what it is is once your truck once you label it expire it get rid of you for their own interests their interests. or higher to higher interest or higher importance to them than any of their allies in the arab world all right ok just briefly if we are already on time going to very busy program quickly want to ask you about the fact that russia is calling for a dialogue to sort out the problem there in syria do you really think that dialogue could be the way forward would a sad sit down and talk to opposition groups. it's been doing this since he became president syria he's been trying to push for reforms he's not so all the control in syria there's other parties involved but the syrians have been pushing

for this is this is something we normally use records that go back years about this what i have to say is a lot of people involved disingenuous and it's the same case in libya in fact a lot of the people in the transitional council were the people in libya who were part of these dialogues and if you look at the records in the human rights organizations in any case they have a lock and they talk about regime change in libya and it starts all the way it was all the way to the one nine hundred ninety s. so it's the same thing in syria now i'm not against any democratic movement in syria but i have to let you know a bit a lot of these parties like the muslim brotherhood is here they're not print them are christian and then ideological minority so when the media says people represent all of society that is absolutely very interesting and we have to say as always mighty terrorism rose from the center for research and globalization joining us live at the moment there in tripoli in libya thanks. for back to our top story now

financial troubles pile up in both the euro zone where more bailouts look to be on the cards and across the ocean in the u.s. the world's largest economy has been saved from the brink by a last minute congress compromise to raise the country's debt limit for more let's now talk to economics journalist jeff madrick he's joining us live there in the states now silvio berlusconi says that italy has solid economic foundations but if the troubles do persist and if it does ask for a bailout could the eurozone survive that. well i think the eurozone is going to survive i think their problem is they haven't chosen to recognize the facts early and big is an old formula for dealing with crises they've been lazy and small i think they will catch up to the crisis i think these nations do need bailouts restructuring of their debt private bondholders private investors will have to take some of the hit it too i think the euro zone is

fundamentally strong and i do do i think the euro zone will last i do it's extraordinary to hear that because so many people say that the eurozone the euro is doomed and you clearly disagree with that but it still seems unsustainable doesn't it's the carol you know the money i actually. well you know we've thrown back that money and bad money since the beginning of the financial markets that goes back a long way in the u.s. actually it works the u.s. is not a bad example of tarp work to stop our tarp worked to stop the immediate meltdown of the markets the bailouts worked they were very far from perfect i was critical of them because they should have demanded much more of the bands the obama stimulus worth he's did start to rise it's risen more rapidly than it has in europe because europe has been slow to react to the problems europe on the other hand hasn't

suffered the unemployment problems the u.s. has but it is within the means of these nations to deal there is some myth in the world that the america is poor that europe is poor that we're overwhelmed by demands we are not who are. entities we do have fundamental capacity to keep growing i'm not known as an optimist but i do believe the problem is a serious political one that europe doesn't want to face it's not an economic inevitability so you agree with president obama's spokesman actually discounting speculation that the economy is heading back into recession then the states where you are despite this deal reached in washington. no no. no no i did not say that i said the we recovered but we are now faltering again i believe exactly the opposite the only good news that's come from this package is they've kicked the can down the road there will be

a joint commission of congress to decide for their one point five trillion dollars in cuts but by then congress may have had to face reality the american economy is now weak we did recover so it is now weak it needs stimulus against us and we're not facing that fact at the weakness of the economy is now becoming apparent already the stock market immediately almost immediately went down when the agreement came through and not and i think even these congressmen who have their head so deeply in the sand you wonder whether any part of their body sticking out from comment so deeply in the sand even they will begin to understand how bad the how dangerous the let me say how thin the ice is a mix a whole bunch of metaphors but when you think about also so much time is the political wrangling that obviously they're focusing on this massive debt in the

states it really has done a lot to put off investors has it not in the near future in the u.s. surely as you're saying the economy needs stimulus how is it going to get stimulus when investors are probably going to turn against the dollar and run away from america. i think it's a serious problem i think obama the president has to step up and start saying we are not going to create jobs again until we start spending investing in infrastructure even have outright job creation programs by the federal government the real crisis in america the real reason the democrats most in two thousand and ten is because they did not face the jobs crisis they fell for the line the mythology that america's problem was government spending manifested in its deficit so that was not the problem it is not what scaring america it's you know we had no job creation in the decade of the two thousand wages that actually come down since the start of this recovery arisen very small very small amount an unprecedented

situation the job machine in the u.s. is broken and obama if he paid attention to that and that alone on the economy and i get somewhere at the moment is prospects for reelection i'd say are fifty fifty maybe slightly better than fifty or fifty really interesting here where you have to say jeff madrick thanks so much for your time joining us live there in new york jeff madrick thank you well let's stay with the world of business now and get the latest here in moscow with where we are. hello and welcome to business here on our team russia is set to launch its most ambitious presidential program since the ninety's the government to fully sell fourteen major say companies spites one thousand seven hundred houses are going to school for instance all the latest. it really is save to say that this is a deal or just privatization plug in russia since the ninety's they were talking

about some really huge companies like russia second largest banks b t v or electricity generator producers. airport in moscow and soft on florida large freight company all of them are going to be privatized in the next two years the government only plans to leave the so-called golden share which will enable it to do some of the decisions of the new owners you know probably one of the most interesting answers long this list to be privatized is going to was you have to russia's largest oil company the leader in the petroleum industry is actively explores and develops in the most regions of russia it's also one of the biggest public companies since fifteen percent of its shares are all and are floating all over the market seventy five percent of which shares belongs to the station but the government wants to reduce this figure as soon as by twenty four team they want to

see the state control fifty percent plus one share all for last year and that will be after the first state is sold as expected that back should bring around thirty billion dollars into the state budget and also expected that the second state should be twenty five to fifty percent more expensive so that would bring even more cash into the state budget all of this is part of this huge privatization one ward by the president and its goal is to privatizing or awarded state assets by seventeen. to force the sour the headlines are next with their. hungry for the full story we've got it first hand the biggest issues get an invoice face to face with the news makers on our teeth.