anger out austerity plan spills into the streets of italy and spain with governments preparing to tighten belts even further their tongue the markets and save the falter in europe. calls for independence from the u.k. grow louder in wales where high nationalist sentiment is coupled with a desire to have control over its own economy. nine people dead dozens injured in a bomb blast near a high court in new delhi this is a live look at the scene more. and nominees for now at the third annual global policy for a hearing where today's focus is security and multiculturalism join me later in the

program for more of the time. ten am in moscow i matras are good to have you with us here on r t our top story hundreds of thousands of people in italy have protested the government's fresh austerity measures announced tuesday in a bid to tackle the country's debt crisis the forty five billion euro package welcomed by the e.u. includes among other things new tax hikes and raising the retirement age for women a number of violent stuff was between demonstrators and police broke out underlining social tensions in a country struggling to avert financial collapse as finance expert b o damascene tells r t italy's troubles aren't going unnoticed elsewhere in the eurozone. i think it's the most aleutian you have. from the financial markets and secondly you have two parents rich people if you want to bring the whole thought of going on.

this long work there from three italy is not greece and or greece just represents two percent of g.d.p. but italy is the biggest economy in the euro zone and it would certainly be a huge blow to the current crisis of the euro zone as an offspring of the economic crisis which has been caused by the financial markets by the banks and currently the government is trying to do is they try to let the majority of the people pay the bill of the crisis and this is not working you can't run an economy against a majority of the population and we saw the consequences in greece and so i believe even germany and france will have a few problems and in europe future. protests have also swept across spain ahead of a crucial vote by its senate other many of the constitution to limit national debt has froze the parliament borrowing the e.u. pressure and darkling initiative rise week but unions and rights groups say the dead cap would decimate the country's welfare system and hurt its most vulnerable

writer and journalist miguel i believe that it's the markets that should be made responsible for spain's current predicament and not its people. the markets are not rational and they are usually by fear sometimes by greed. they just think they feel that spain could be like greece or like portugal because. country within the euro so so they tend to lump together countries that are very different but they resemble each other because they are part of the periphery and i think that's that's three a recently sets a psychological perception and then again it's true that the growth in spain economic growth he's not very good so that in the long will be a problem for there we don't have a problem now but we may have it in the future that is true. with financial turmoil raging across europe coals are growing for the worst hit economies to a bed in the euro and return to their ordinary person sees but german economic

economic analyst michel bras tells our t. that the only solution is for the strong economies to leave the euro zone. there is no other solution that the weak countries exit but a strong country has to exit if germany for example pulls out of the euro or the whole problem would be thought of means that we will have a stronger currency in germany you can live with it the others then will have a devaluated currency this is exactly what they need the greens the. groovy devaluated this is that what they mean and what they mean need and saw in this situation is why. the weak ones have to pull out but the germans have to put all. one country that hasn't been hit by the crisis yet switzerland has stunned the currency markets its central bank devalued the swiss for franc by pegging it to the embattled euro in an effort to curb deflation protect exports and promote tourism

and u.s. economist paul craig roberts tells our team that by doing this though the countries deprive the world of the last safe haven currency. this was strange eliminated as a so you say but because the gold it's not. only is gold the only safe haven when the two reserve currencies themselves are in question here the two main reserve currency in the euro both early in a situation where the world is losing confidence. and so nobody has confidence in the reserve what happens to the monetary system so people street people keep looking for a safe haven and gold supervisors have to continue to rise europe's economic woes are also being felt in the u.k. driving some parts of the country to crave more control for their finances. when scotland becomes independent and the next logical step is for me to speak out

maintains a. separatist sentiment intensifies across parts of the u.k. as we bring you later in the program. but first a bomb blast has rocked the indian capital new delhi killing nine and injuring at least forty five people outside the city's high court for the latest we go live to our correspondent priya sridhar standing by in the indian capital so pretty what more do we know about this and the early stages. hi there matt will that's correct there was a bomb blast sir and it's a lotion at the new delhi high court today we're hearing a lot of conflicting reports about the numbers that are confirmed dead but so far it looks like and that number is nine on at least forty five people have been killed and the union a home minister has actually shut that at this is a terrorist attack there is a lot of piano going on right now for out this week that. high court is

the latest right now on the cleats have just gotten to the scene they're looking to see if there could perhaps be other bombs in the area that prompts. found in a suitcase this actually isn't even the first time that the delhi high court has been the target of a blast i even got in may of this year there was a minor blast there as well and obviously last month we saw. the recorder it needed black. lab several people dead and many hundreds injured that was also a terrorist attack and you know obviously india is really or what these situations we look back to two thousand and one by attacks where there were ten court needed shootings and bombings across this video and it was deemed to be islamist attackers who supposedly came from pockets gotten so obviously that something that people are talking about here there is not

a lot of information yet investigators are at the scene and many people are saying it might take twenty four to forty eight hours to find out exactly what happened here and who held responsible on obviously people in the capital city of this country are hoping that it's not going to be as serious as what happened back in two thousand and eight which that explosion killed about one hundred sixty five people and injured hundreds more around three hundred more. but obviously they're looking to see who can be held responsible and right now the minister is saying that this was a terrorist attack so i will keep you guys posted on any more information that i and thanks for our charges preassure to life for us in indian capital new delhi. we'll be keeping up with korea with the latest throughout the day here on r t so stay with us for more information on that security chief of the ousted libyan

leader colonel moammar gadhafi has fled the country and is now in neighboring easy air according to officials there and off he wasn't said to be part of the convoy himself that crossed the border on tuesday water kena faso was denied claims that it's ready to provide him asylum before the start of the a start of the anti can often campaign the u.s. cia and britain's m i six world legibly sending terror suspects to libya for interrogation and torture the claims based on diplomatic documents recently found in tripoli have sparked outrage but u.s. anti-war activists don de bar believes the intelligence community will find a way to spin the story. the u.s. cia is very skilled at this information and it's interesting here because the attempt is the play this in front of arab audiences to show me as being the u.s. ally even though the forces fighting gadhafi if out a coordinated six month bombing attack with nato and the u.s. on their side that this is playing to arab nationalists so that the n.c.c.

can be seen as some sort of anti imperialist cried when in fact they are agents of u.s. imperialism well they should be looked at in the context of the rock roche law that was a temporary one as its arms out where libya's sensually tried to look to get itself off the sanctions that they suffered for a decade or so and to be allowed to trade in the international community the cost was very high i guess that shows that collaboration with the united states does not guarantee that you'll be able to continue when power. parties website continues following the fate of almost twenty ukrainian citizens who remain in custody in libya as rebels respect them of being pro cannot be snipers earlier the russian embassy was able to negotiate the release of two russians any ukrainian couple. they say the group are oil engineers and cooks who have nothing to do with the military check out archie dot com for the full story. and saying in

the region activists in syria say government forces have used armored vehicles on the besieged city of holmes is the u.n. is calling for more pressure to be put on president assad but professor edmund ghareeb an expert in international relations says sanctions won't necessarily bring down the assad regime but will make the ordinary people suffer. but in any case what happened whatever happens there. are clearly. instrument that does not discriminate between the regime and the people and what may end up happening is that the people who probably are going to have the price. especially if we take. a look at what happened in iraq or what happened with. the experiment is a very good example of this where some of the harshest sanctions out imposed on any country in history want to impose on me or i'll come despite. not succeed in bringing down. the public which it was

heard. as a result of the sanctions so this is. i think is going to raise a lot of questions especially some of them political economic and some of course. we already impose sanctions on oil imports from syria on our website r.t. dot com we're asking you what is its true ain't so far fourteen percent of respondents think president assad is the target seven percent say the real aim is to lure liberal voters in e.u. countries almost a third argue the e.u. wants to please the u.s. and about how to say. say that the sanctions ordinary syrians provoke more protests . what you think. fifteen years now the central russian city of jaroslava was turning into a global think tank this week with a third global policy forum inviting the best minds they cannot with solutions to some of the world's most pressing problems this year it's multiculturalism that'll

be among the main talking points the concept that's already gotten severe blows in europe global security is traditionally on the table with debates on syria and libya and the question of how to keep the region safe after nato withdraws from afghanistan or he's a nice in our way is live coverage. ira bad for us she joins us with more when you say so issues ranging from security to multiculturalism to being thrashed out before any consensus or are we seeing divisions what is it like so far. well it is expected that there's going to be some pretty intense debate especially when it comes to global security in terms of what's happening in libya and now syria and like you said in afghanistan in twenty fourteen the u.s. and nato troops are expected to withdraw and for countries like russia its other partners in the collective. security treaty organization which is an organization that focuses in that part of the world is concerned about how they're going to deal with security in the region after if you will post afghanistan to speak more about

about that and other issues that are being covered here at the forum this year joining me is adrian pabst is a lecturer in politics at the university of kent thanks for being with us always a pleasure to have you here let's start with libya and syria what are the main if i can say the sticking points that we might hear today what are the different views that you think are going to be thrown around on the table for one discussion that's inevitable e going to happen is you know world intervention rights was the u.n. mandate respected by nature or in fact was its violates. so you know questions about intervention always come up but i think we should focus on the long term issues as you mentioned in your introduction it's really about building up societies building our global political economic and social systems and i think too often people say well if you know if intervention is wrong but in some ways consciousness get out and you know let societies get on with their own lives but

you need support you know transition societies need a lot of support and that can be both domestic and foreign supporters so i think what we should be discussing is a longer term presence of specially civil society activists who can help build up the potential of the capacity of transition countries do you think it will be debated some. these i've been hearing a lot this week the idea that post daffy we could see internal fighting between the rebels if they don't have that kind of support absolutely i think the threat of tribal and also sectarian division and conflict is very real and we know this from iraq what happened after iraq after the invasion of iraq is that you have huge civil war going on between the shia and the sunni so we do need to make sure this doesn't happen again in a different context between rival tribes or factions in libya and that's also true for the for syria where if the current regime does fall they could be similar strives that we didn't need to make sure that the strategies in place for all

reconciliation for genuine peace building and that has to involve not just military but also very strong civilian means now nato and russia don't know we see i time it's very not much of a secret but one thing they have been able to cooperate quite significantly on is afghanistan. what happens after afghanistan and what role do you think the collective security treaty organization could play what i think what will happen is that the wind down of military presence will inevitably be a destabilizing factor at first because of canister. isn't fully ready to cope with its own security problems and challenges so i think engagement again longer term engagement is crucial and i think any support for a more stable afghanistan will be welcomed with its very individual countries russia of course being one of the main powers in the region but also perhaps other organizations collective security treaty organization is one shanghai cooperation organization is another one i think the move is engagement and support the better

it is and i don't think nato or anyone should be worried about this of course afghanistan has to ultimately decides you know what kind of support it wants. the afghan people have to be the sense of this that i think support for the regional powers and all those asians it's crucial but how do you think that. the multicultural debate is going to play into all of this security talk and just briefly how do you think the two are connected well i think the connection between the security issues and the issues of diversity essentially want to social cohesion right security is usually a threat to society and certain forms of. immigration where there's not enough integration can also be a threat to social cohesion the question is how can we build societies that are diverse but also cohesive and i think that's the main thing multiculturalism is too much about segregating different communities so what you also need with diversity is an overarching framework you know a cultural social framework that all communities are part of and that's not what's

happened in countries like britain or the netherlands which of course is the most multicultural societies in europe and i think it's a huge challenge russia has a different experience it is an overarching framework you know russian identity could been so good in the past now it might be russian it might also include all the doxy the fact is there's still challenges how do you integrate minorities and perhaps lecture of politics they can university thank you very much for your input here in r.t. and we'll be joining you throughout the day here from various model and experience analysts in leaders gather to debate some of the most pressing issues right okies a new way of life thanks very much. and i will bring you the full picture of what's going on at the global policy forum throughout the day so stay with us here on r t for more. you know the other stories we're covering on r.t. hope for a better country but not as part of the u.k. there's a strong sense of national identity in wales which has helped fuel calls for it to

achieve independence following similar calls for the north in scotland but as art historian editor reports the debate continues raging over whether welsh ambitions are driven by economic sense or emotion. crawshaw recovery welcome to wales part of the u.k. and a proud nation with its own language and customs and the latest voice to call for independence applied comrie which means the party of wales has always argued the country could be better off without the u.k. and it seems increasing numbers are starting to see their point of view our economy has been run from an interest in priorities of the south east of england to the fore and independent wills of course would be able to chart a different course. in our priorities wales is a long way from declaring independence but it's no longer just a pipe dream people here voted overwhelmingly earlier this year in favor of handing the welsh assembly full law making powers that was considered

a turning point in welsh nationhood and plights couldn't read the party of wales have undoubtedly taken heart from the surprise victory of the scottish national party that victory in may gave the s.n.p. an outright majority in the scottish parliament which has many powers devolved from westminster the party's promise to hold a scotland wide referendum on whether to declare independence according to applied comrie that marks the turning of the tide for a unified u.k. peeping lao i believe are beginning to to use the wording to penguins in in a welsh context which they say they wouldn't of jennifer hughes i was giving up so i think the people in where's it going to see that their church when stockland becomes independent the next logical step is for we're just becoming dependent to of course separatism is nothing new to the british isles and the thousands of victims of the troubles in northern ireland are testament to how high feelings can

run both in the present day and for centuries past while national sentiment may not be a new phenomenon the reasons for it have changed over the. years and in these current turbulent economic times money talks scotland has oil and gas but while wales was a proud coal producing nation its minds are now closed and it's got some of the highest unemployment levels in the u.k. because of that the older generation is reserved when it comes to independence but young people are filled with national fervor for them independence is less about money and more about nationhood and identity and wales needs to be important because it is a great country and we do we do in it like an ageing is already patriotic i think we're more patriotic than england we have a lot of. it we should. just seem to be getting here at the moment we get free

prescriptions. education seems to be a bit much to apply to comrie says it's going to build on that support providing not just emotional reasons why wales should be independent but concrete economic reasons too and it says wales does have resources particularly land and see for green energy if the scots vote for independence wales might not be far behind nor emmett's r.t. cardiff. so you can look now at some other stories making headlines across the globe the trial of a host to the egyptian president hosni mubarak over the killing of protesters in february is set to resume in cairo the hearing will be held off camera on late previous sessions on monday the court adjourned the trial after hearing the testimony of several witnesses before the session scuffles broke out who pro and anti mubarak protesters outside the court that left ten people injured. fritters lawmakers are considering recall in the chairman of news corp james murdoch for

further questioning over the phone hacking scandal a day earlier two former employees of the company suggested he misled m.p.'s over his knowledge of widespread hacking at his company james murdoch maintained till recently news corp thought the illegal phone hacking was limited to only one reporter who was jailed in two thousand and seven james murdoch and his father rupert had already faced a committee of m.p.'s over the issue in july. in the us the government has opened fire on a table of uniform national guard officers leaving four dead and eight others injured in the state of nevada two military workers and a civilian woman were killed before the man shot himself dead motives are still unclear but family members say he has a history of psychological problems he had never been in the military and had no known affiliation with anyone inside the restaurant at the time her interview in sports still ahead but before that let's check in on the business news with dmitri .

thanks very much matt hello and welcome to business r.t. moscow's largest construction company in seiko has changed hands mid cap lender been bank board to ninety five percent of the company from yelena but who don't know the wife of the former mayor of moscow the burbank took the reigning five percent because he's been valued at one point two billion dollars but given its debt the value of the deal could be about two hundred million dollars but one of them became the richest woman in russia with a free billion dollar fortune during her husband's stewardship of moscow where you do scoff was fired last year by president medvedev over lack of trust he often claimed his wife's business success had nothing to do with his running russia's biggest city. russia make sport as much as twenty million tons of grain this year the agriculture ministry says the august shipments abroad climbed to a record of two point three million tons russia was the world's second biggest exporter before halting sales last year due to severe drought and now the country is trying to regain its share of the global market by offering the largest discount

on the grain in forty years as makes russian grain cheaper than french or strelley and supplies and turns shipping to distant countries while. some of the markets now so with commodities oil is back up and brand. around sixty cents per barrel and that's ahead of an energy department report which is expected to show a decline in stockpiles as tropical storm lee is threatening production in the gulf of mexico also hopes that obama's speech will provide a new catalyst for economic growth are supporting the market. move to stocks now asian markets are rallying with the nikkei are more than two percent following a couple of negative sessions that the spiked a drop in u.s. markets overnight as helping japanese exporters would master three point four percent sony's gaining two point eight. in russia the markets kicked off trading strongly in the black on the back of the higher oil prices and positive movement in

asia what we're seeing right now is the main gain is will companies and financial stocks. russian equities are continuing however to feel the pressure from weak u.s. and e.u. data from a creature believes this weary sentiment will remain during wednesday's trade it will likely see today is continued volatility markets fundamentally the markets across russia are quite sweet on the back of the external that it would be seen from europe and the united states however having said that we could see a technical bounce and perhaps towards the end of this week so these are very important day with the german constitutional court ruling on the back to whether or not it's constitution for germany to inject funding into the eurozone peripheral that's also to morrow we'll see a very important announcement by obama on the current situation of the jobs in the united states and we could expects

a positive surprise or to the army would announce a fiscal stimulus package which no one is currently pricing in the markets the consensus is pricing only the monetary stimulus at this point transportation ministry wants to moscow airports to hold ten day reserves of jet fuel last weekend stocks dangerously low following a decline in supplies from refined routes but projects is now being discussed by the government is there to be approved major aviation bashing the move claiming extra fuel reserves would cost over one hundred million dollars market analysts say this will inevitably spur already high prices for travel. and lines and with.

thank. you. it's led. the lead a.