he's due to visit a syria wednesday in a bid to persuade the country's leader to end the six month long crackdown on the uprising there this after each country's announce a new round of sanctions against the regime but as artie's daniel bushell reports many are questioning whether western concern is for syrian lives or their oil revenues. william hague britain's foreign secretary says horrific scenes of brutality have forced this oil burning in syria but bizarrely sanctions won't start for over a month. they will kick in all even europeans or all firms complete their supply contracts with syria and oil fields developed by e.u. energy giants like french to toll on being touched from minute point of view because that sanctions would start only november to go on with reduction of oil as a result the e.u. may end up subsidizing the regime they oppose the oil industry can use sixty day payment which means the e.u. could still be funding. into next year if

a crime the horrific critics also why the e.u. is putting profit above syrian lives. diplomats warn sanctions won't even hit the mark they hurt ordinary people not the leadership they claim to target and most importantly europe's oil companies have to be on the shoulders of the syrian people while their companies out of protective the e.u. is also hurting itself think exposed as damascus will simply shifts a ploy to the competition if you look at syria. already the chinese authorities have said that they would buy any account e.u. officials hope new stocks of the black gold from libya would take up the slack but they may be disappointed libya will not start being productive until maybe the end of next year and if they were an embargo on syrian oil today of course they would be short. with the wall riggins colonel gadhafi taking much longer than the west

expected maybe cutting off one supply before a secured another new bushell for ati in brussels. dr tawfik show maher from philadelphia university in jordan says although the blame is being pinned on the syrian government the opposition has also been responsible for a great deal of violence. but there is two thousand people. sort of they say but these two solve them maybe the audience is young some of them out and see as young but they remember there is also one thousand soldier was killed in syria so these one thousand soldiers impulsively that they have been killed by by peaceful demonstration definitely of them do stations in syria was not peaceful in any sense because otherwise how could it have been that one thousand out of me men and policemen have been killed during these five months yes that is the mistrust from

both sides but we have the current situation and we should sit on that they have been negotiating because there is no other solution. moscow's criticized the sanctions against syria with russia's foreign minister repeating the country's calls for a diplomatic solution. to what we strongly believe unacceptable to instigate the syrian opposition to continue boycotting suggestions to start a dialogue. sergey lavrov speaking on behalf of the brics countries brazil russia india china and south africa click on r.t. dot com for more. turning now to libya where rebels have reportedly reached a deal to enter one of the remaining colonel gadhafi strongholds bani walid without fighting or he's wary of for notion or of course from the country's capital on why

this could be a turning point in the conflict. they've been preparing for this operation for quite a long time with nature helping them clean past towards aids. facilities in the area by the way lead has always been known as a stronghold and people from this area have since the beginning of this conflict here in libya been fighting against rebels that all across the country and have been dying for. all the time been supporting gadhafi who provided them with a very good imitation and the best weaponry the national transitional council has repeatedly been claiming recently that really is not secure and is not safe and that they're working hard to try to restore the country on the territory now controlled technically by the national transitional council but we see on the ground actually makes. that.

successful so far apart from the humanitarian challenges that the country extra ease currently facing such as severe shortages shortages of water food medicine and fuel politically situation is very unstable the city is full of people with unclear. many of them very young with little knowledge how to use weapons and it's quite unclear who is controlling them. british prime minister david cameron has called for an inquiry into claims u.k. intelligence agents extradited terror suspects to libya where they were allegedly tortured the allegations surfaced after human rights groups in tripoli found documents outlining m i six and cia were in addition programs former british intelligence officer any mashad expects the pro debris swept under the carpet. when david cameron calls for an inquiry into these allegations he's been credibly disingenuous under the u.k.

law and the inquiries act two thousand and five any inquiry this is established including this in this torture inquiry headed up by subpoena gibson is circumscribed by the very organizations that are being investigated in this case m i five and m i six so it's going to be toothless plus of course the other consideration with this is that subpoena gibson himself is heading up this inquiry was actually intelligence services commissioner for five years prior to taking on this role so he's been cozying up to the intelligence services in the u.k. for five years i doubt if he's going to unearth anything deliberately perhaps he probably won't shine a bright light in the dark corner should we say he'll be friends to the intelligence agencies they will have lost all credibility they have double deals in libya for decades now and really their chickens are coming home to roost and i can't see how any government that comes into power in libya will trust whatever m i six or the british government now says the war in libya could your british and french appetite for a new order of bedrooms according to rosemary hollis

a professor of middle east policy studies at city university of london forward with your coming your way of later this hour here's a preview. cameraman tacos he took a massive gamble that they could pull something off in libya. that would contrast with the disaster that was the intervention in iraq and you know how of president sarkozy talking as though this is a template for future interventions this is very much a kind of proxy war which must be extremely exciting and exhilarating at some level to be involved and so the appetite for further interventions will exist. spain is bracing itself for mass protests as it's senate is due to vote on a hotly contested change to the country's constitution that would cap the budget deficit in a bid to fend off the debt crisis that's in golf in europe union say fixing

a deficit limit means sacrificing social welfare for the sake of the markets as our . ports with rising repossessions and unemployment many spaniards are taking matters into their own hands. this was the last time i got him and had guests over at her house just a day after our team to visit she along with her fourteen year old son was evicted from the subsidized flat she called home for five years. i was fifteen days late with a payment i paid five hundred twenty four year zero and they still want to victor me even though i paid everything and it was months ago since then marie carmen has spent most of her time fighting to keep her apartment she will calm and collected but the pressure of losing a roof over her head caused mary carmen to suffer a heart attack call that these apartments should be distributed in such a way that people can afford to pay for them but a lot of times they can't and i'm going to fight to make this type of housing more affordable. there are many carmen's cases not unique in spain the country's an

employment rate of over twenty percent means many people are simply unable to make their next mortgage payments in the past two years more than three hundred thousand people have been evicted from their homes as a result of spain's financial crisis this is where members of the fifteen m. movement come in. according to the international human rights convention every person has a right to decent housing if addiction is inevitable they have to make sure these people are not going to go homeless you just can't kick them out on the street that they're going to zeeshan is known as the indignados or the outraged they staged protests by homes of those who are being evicted hoping to prevent court plaintiffs and the police from entering sometimes they succeed like with this woman who kept her house because fifteen m. interfered with either action process. these are subsidized housing people who are

in tough situation financially so i can't understand how they can evict people who can't afford to buy their own homes. so far fifteen m. have managed to stop fifty vixens across the country. unfortunately for me carmen and her son they were powerless in every fiction is the cement job and the people gathered here believe they are fighting social injustice but some wonder with the efforts of this group of people are enough to solve the problems within the spanish system itself in madrid. righty. meanwhile the incoming head of the european central bank says the eurozone should be more financially integrated the outgoing chief. thought a federation with a central finance ministry for europe was the only solution to the debt crisis but i'm sure a writer peter bill tells r t the euro zone system is so flawed though that even a common economic government couldn't save the single currency it may indeed be if not too late and certainly very late in the day in order to institute the

financial government for europe the system could collapse before it is politically possible to put these sorts of measures in place but at the same time although parliaments if you like don't want to europe to collapse there is a growing feeling both within parliaments and also amongst the people who elect parliaments and that sort of new true of germany the most pro european of all free of all of the countries but there is a certain impatience away in up is it really worth giving up a sovereignty and b. possibly a lot of money in order to save a system that was really designed right from the beginning it is certainly a question that parliaments are going to be putting to each other over the next coming months. some fifteen minutes max keiser and stacy herbert talk about the behavior of banks in the ongoing debt crisis here's a sneak peek. union members and activist groups are demanding

harsher punishments against the bankers because according to a report this year by the new economics foundation they said that banks have made sixty billion pounds out of the financial crisis they helped create most of it is due to selling debt to the government it's a bust out scam it's an insurance scam it's arson scam and they get paid out on credit default swaps or other form of insurance so-called assurance and they collect money as mafia terrorist bankers or financial terrorists that's what they are other terrorists get paid per acts of terrorism and vandalism. worldwide manhunt for him lasted for fifteen years. and one million new war

wasn't on the streets count your. political smirk for the west. for minions in. general to serve in. the modern age. limit.

staying with us here on our t.v. turning now to israel where protests against

a perceived lack of social justice may have been inspired by a voice from the past a prominent member of a is rarely a black panther movement who staged similar protests in the seventy's joined the crowds party's policy reports he says he's frustrated that forty years later he feels the state of israel has become the enemy of its own people. the social protest in israel on winding down and in much need of a dose of inspiration stirring the crowds a man whose ideas inspired previous generation out of five years of ponces we rose up to protest against a lack of justice. i've been waiting for the next generation to rise up and now forty years later my vision has been realized. it was nine hundred seventy one eighty youngsters from one of jerusalem's poorest neighborhoods banded together and changed the course of his way to history they were immigrants from north africa. and i would countries and they took their name

from the african american black panthers and they call for social justice the panthers. we really. and thanks to them for the first time social issues were put on the public agenda radical and sometimes violent they clashed with the establishment. they're not nice boys but. one of my proudest moments was when golda said it showed that we were powerful and had achieved something it showed us we were on the right path. and it was a path that for nearly two months this year inspired hundreds of thousands of israelis to again take to the streets they gave us a legacy saying that if you really believe in something and you think you're right and you don't use violence or say you can get whatever you're fighting for and although the tensile slowly coming down prime minister netanyahu still has

a lot on to fall in three weeks the committee he set up needs to address how to fix the country's mounting social problems. not only have we not progressed but the country has become an enemy of its people everywhere citizens are harassed. police now it's not only the lower class who are suffering but the middle class as well. and so forty years on the ideas and dreams of these men are is because if but so too are the challenges they face internal leadership divisions regional evil and the new main threat of an israeli palestinian showdown could at any time take center stage who are jerusalem. and. palestinian statehood layer of this while the israel says it will allow security forces to shoot at palestinian protesters if they marched in support of their bid in order to protect west bank settlers we've got reaction of our web site r.t. dot com. this issue is the one to be affected most of the cases the greatest

baby i've got to wait to sit was the opinion of a peace activist who says a tough response by israel could only escalate tension between israelis and palestinians also background on the long running conflict ahead of the historic vote and much more a flick away at our t's dot com. taking a look now at some other stories making headlines across the globe police are in negotiations with a man who is holding a child hostage outside a courthouse in sydney australia with the surrounding area cordoned off witnesses say the suspect claimed he was carrying a bomb in his backpack according to some reports the captive may be the man's eleven year old daughter. scuffles broke out between protesters and police outside

a cairo courthouse where the trial of former president hosni mubarak resumed hundreds of demonstrators tried to break through the main gates and gain access for senior police officers testified against mubarak at the hearing which was held behind closed doors former leaders charged with corruption and ordering the deaths of protesters during the february uprising that toppled him from power. former u.s. general david petraeus taking up a new post as america's top spy he earned his reputation as the key man behind the u.s. wars in iraq and afghanistan despite a lot of controversy surrounding the conflict his career soared leading him to the chair of cia director after almost four decades in the military. plenty more stories available at r.t. dot com here's what's a click away right now. and not exactly criminal be. havior about a lawsuit out of chicago alleges six year old school kids were handcuffed simply

for talking in class plus. in a bid for the guinness book of records moscow celebrates its birthday with a spectacular four deal live show with one hundred thousand people getting the chance to travel from sea to stars in a couple of minutes. down the official. your phone on pulled from the amps to. life on the go. video on demand. old girls and on the registry now in the palm of your. question on the dot com. business tax with dmitri stay with us. thanks madeleine in a warm welcome to business and it's

a big day for the russian gas industry as it starts filling the new undersea pipeline to europe the liveries for the first part of the nord stream project due to begin in two months the twelve hundred kilometers of pipeline is planned to provide fifty five billion cubic meters of gas to european consumers annually this is about half the amount of gas current being currently exported frew ukraine to europe when completed next year will become the longest undersea pipeline in the world the gas dispute meanwhile between moscow and kiev has more twists and turns than a viper and if that wasn't enough ukraine has big budget problems it's got to get its a deficit down in order to receive i.m.f. funding and that's no easy task. it has very few means of closing the budget deficit so renegotiating with gazprom is one way of doing that it is not in a position of strength ukraine is it has signed a contract for several years of

a certain price for gas now is trying to renegotiate how it's going to actually have any kind of success with gazprom is an open question for me. to move to the markets now and traditionally we start with commodities when it comes to oil lights we design the pressure on worries that slowing growth in the united states and china would demand it's down two dollars forty six cents this hour meanwhile brant is on the raw is around one hundred ten dollars a barrel. precious metals are mixed this sell gold is still trading above the one thousand nine hundred dollars per ounce mark as renewed fears over the euro zone's debt crisis and global growth concerns are driving investors to look for safe haven assets silver meanwhile is coming down point six percent as our asian stocks are continuing to slide with investors unable to shake off worries about europe's debt woes or the health of the u.s. economy pushing down banks and energy companies exporters also among the main

losers in japan with down around five percent after reported in may by another twenty percent of westinghouse electric in hong kong c.n.d. drop two percent on news of a halt at one of its oil fields. now one and a half hours since the beginning of trade russia is showing a positive picture the r.t.s. up point three percent my stocks up one percent initially a drop so within half a percent in the first minutes but now it's back up as you can see there very strongly so you look at some of the main movers on the my six most energy majors bounced back from early losses with half a percent financials up also risings burbank gaining just a third of a percent. after seeing a pretty sharp drop the previous session or a snicker was also on the rise that's after one of its main shareholders roussel denied the fifteen percent buy back of a made by the nickel producer and they've done it from gas from bank says the

russian market is cheap promises profits for those choosing the right socks. you have to look for the companies which are less or you think will be less vulnerable in this market environment probably the most was more which are more oriented to the doors domestic market and less exposed to if you put in the change fluctuations because with all of this you cannot really a predict. or percent of the ruble global currency performance or nearest three year so that's why i think it's better to have exposure to the companies which gives you some hedge against the but i sure will be able to a local currency which we do healed obviously of the good business a good coach boiled. over in the russian stock market last month was a record for august second sales at the ten largest brokers on the my six almost double the usual volume to more than seventy eight billion dollars brokers say

they're benefiting from an increasing number of clients who are rushing to buy into the market after the heavy sell off and russia has seen its first monthly fall in prices in six years because they were prices fell point two percent in august lowering inflation for the first eight months to four point seven percent and the zevi unexpected result was due to a good harvest and slow economic growth russian prime minister vladimir putin says he expects consumer prices to grow eight percent all in all this year. and that's it from this edition of business r.t. we will be back in around fifteen minutes with an update.

the live. band.

we'll. bring you the latest in science and technology from the realms of. the future. for the full story we've gone to. the biggest issues get a human voice face to face with the news makers. eleven thirty am in moscow these here are to the headlines of the arab league heading to

syria to demand an end to the governments of violent crackdown on protesters there this following the e.u. announcing new sanctions against the regime but critics say the ban on oil imports serves the interests of european companies rather than those of the syrian people. spain preparing for a fresh wave of protests ahead of a crucial senate vote on capping the budget deficit a move many fear will lead to social cuts meanwhile european central bank calls for greater financial integration within the euro zone is the only solution to the crisis. pioneers of rallies against social injustice in israel forty years ago during the recent protests against the same issue members of the black panther movement say they're frustrated the problems in israel have only gotten worse be back with a recap of our top stories in less than a half hour up next our financial pundit max kaiser explores the bank's role in the west current economic woes stay with us.