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 scuffles between demonstrators and police broke out underlining social tensions in a country struggling to avert financial collapse as finance expert tells r t italy's troubles aren't going unnoticed elsewhere in the eurozone. i think there is no solution you have first of all to decouple from the financial markets and secondly you have to tax the rich people if you want to bring a whole lot of going on like this won't work definitely italy is not greece you know greece. of g.d.p. but it will be the biggest economy in the eurozone and it would certainly be a huge blow to the current crisis of the eurozone as an offspring of the economic crisis which has been caused by the financial markets by the banks and currently what 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 work and 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 in the near future. protests have also swept across spain ahead of the crucial vote by its senate on amending the constitution to limit national debt has froze the parliament bowing to e.u. pressure and adopting the initiative last 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 driven usually by fear sometimes by greed. they just think they feel that the spain could be like greece or like portugal because.

we've seen the euro so so they tend to lump together countries that are very different but they resemble each other because they are part of that very free and i think that's the that's the real recently sets a psychological perception and then again it's true that the growth in spain cannot meet growth not very good so that in the long will be a problem for that we don't have that problem now but we may have it in the future that is true with financial turmoil raging across europe calls are growing for the worst hit economies to abandon the euro and return to their old national currencies but german economic economic analyst michel broths tells r t that the only solution is for the strong economies to leave the euro zone. there is another solution that the weak countries exit but a strong country has to exit if germany for it for example pulls out of the euro the whole problem would be solved means that we will have then a stronger currency germany can live with it the others then will have

a devaluated currency this is exactly what they need it means also that the debts that they have will be devaluated this is that what they mean and this is what they mean need and so the situation is why so verse or not the weak ones have to pull out but the germans have to put out. 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. which the swiss trying to eliminated as a safe haven because the government's not going to. go the only safe haven where the two reserve currency is themselves are in question here of the two main reserve currency in the euro and both are in

a situation where the world is losing. and so nobody has come. in the reserve churns so what happens to the not a lot of dirty system so people state people keep looking for safe haven goals that we have to continue to run. europe's economic woes are also being felt in the u.k. driving some parts of the country to crave more control over their finances. when scotland becomes independent and the next logical step is for me to speak i mean to . separate is 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 standing by in the indian capital so priya what more do we know about this in the

early stages. hi there matt will that's correct there was a bomb blast or an explosion 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 that if that number is ninety at least forty five people have been the union home minister has actually just that this is a terrorist attack there is a lot of piano going on right now throughout this city that the new delhi high court is back you laid out right now and the police have just gotten to the scene and they're looking to see if there could perhaps be other bombs in the area that bomb was found in a suitcase this actually isn't even the first time that the delhi high court has been the target of a blast even got in may of this year there was a minor blast there as well and obviously last month we saw. the recorder needed

blath. by several people dead and many hundreds injured that was also a terrorist attack and you know obviously india is familiar with these situations we look back to two thousand and one by attacks where there was ten court needed shootings and bombings across this city and it was deemed to be islamist attackers who supposedly came from pockets not so obviously that's something that people are talking about here there isn't a lot of information yet the 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 can be held responsible 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 on. but obviously they're looking to see who can be held responsible and right now the whole minister is saying that this was a terrorist attack so i will keep you guys posted on any more information that i and all right thanks for all our charges proofread a lot of ferocity and in capital new delhi. keeping up with priya 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 the share according to officials there get off he wasn't said to be part of the convoy himself that crossed the border on tuesday whopper kena faso is denying 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 by 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 to play this in front of arab audience is to show good as being the u.s. ally even though the forces fighting gadhafi of had a coordinated six month bombing attack with nato and the u.s. on their side but 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 that was a temporary one as it turns out where libya essentially tried 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 khadafi 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 our dot com for the full story. and staying 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 top whatever happens there. are clearly

a. 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 the history want to impose on their all come despite. did not succeed in bringing that regime down and they have affected the iraqi public which was her severely. 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. is already imposed sanctions on oil imports from syria on our website r.t. dot com we're asking you what is its true aim so far fourteen per cent of

respondents think president assad is the target seven percent say the real aim is to lure a liberal voters in the e.u. countries almost a third are you the e.u. wants to please the us and about half say. say that the sanctions ordinary syrians to provoke more protests click on r.t. dot com tell us what you think. shifting gears now the central russian city of jaroslav all is turning into a global think tank this week with a third global policy forum inviting the best minds to come up 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 artie's a nice and way is live covering the. for us she joins us with more. issues ranging

from security to multiculturalism 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 now syria and like you said in afghanistan in twenty fourteen that u.s. and nato troops are expected to withdraw and for countries like russia and 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 he's a lecturer in politics at the university of kent thanks for being with us always a pleasure to have you to be 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 one

discussion that's inevitably going to happen is you know was the intervention rights was the u.n. mandate respected by by nature or in fact was that violates. so you know questions about intervention always come up but i think we should focus on the longer term issues as you mentioned in your introduction it's really about building up societies building our political economic and social systems and i think too often people say well if the indian intervention is wrong but in some ways get out and you know let's decide to get on with their lives but you need support you know transition societies need a lot of support and that can be both domestic and foreign support so i think what we should be discussing is a longer term presence and specially civil society actors who can help build up the potential in the capacity of transition countries do you think it will be debated some. that at least i've been hearing a lot this week the idea that post gadhafi 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 noticed from iraq what happened after iraq after the invasion of iraq is that you had 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 for syria where if the current regime does fall they could be similar strives so we didn't need to make sure that the proper strategies in place for 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 eye to eye and it's very not much of a secret but one thing they may 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 first because of ghana stand 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 welcome where this plane the vigil 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 more there's engagement and support the better it is and i don't think nato anyone should be worried about this of course afghanistan has to ultimately decide you know what kind of support it warms. the afghan people have to be at the center of this but i think support from regional powers an organization that's crucial 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 or 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 when there is 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 what's happened in countries like britain or the netherlands which of course was the most multicultural societies in western europe and i think it's a huge challenge russia has a different experience but it is an overarching framework you know russian identity that could've been soviet in the past now it might be russian they might also include all the doxy the fact is they still challenges how do you integrate minorities and perhaps lecture of politics i can't university thank you very much

for your input here in r.t. and we'll be joining you throughout the day and hear from your experts analysts and leaders gather to debate some of the most pressing issues right artie's a new way of life for us in euro's level thanks very much. and you will be bringing 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. that other stories we're covering on our t.v. 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 and scotland but as artie's laura evan reports the debate continues raging over whether welsh ambitions are driven by economic sense or emotion. 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 london with the interest and priorities of the south east of england to the fore and independent we will be able to chart a different course based on our needs and 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 nor 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 plied

comrie that marks the turning of the tide for a unified u.k. people now i believe they're beginning to to use the word independence in in a welsh context which they say they wouldn't have done if you use our last saturday to valid so i think the people in where's it going to see that their choice when scotland 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. it is and in these current 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 but them independence is less about money and more about nationhood and identity and wales needs to be independent because it is a great country and we do we do in it like an ageing because we would be patriotic i think more patriotic than england definitely we have a lot of people that we shouldn't go to seem to be able to hear at the moment that you can get free prescriptions. education seems to be a bit much to apply to 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 sea for green energy if the scots vote for independence wales might not be far behind. cardiff.

taking a look now at some other stories making headlines across the globe the trial of the house 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 unlike previous sessions on monday the court adjourned the trial after hearing the testimony of several witnesses before the session scuffles broke out between pro and anti mubarak protesters outside the court that left ten people injured. for the lawmakers are considering recalling 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 n.p.'s over his knowledge of widespread hacking at his company james murdoch maintained. elite 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 have already faced a committee of m.p.'s over the issue in july. in the us a 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. our 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 and has changed hands mid-cap lender been bank board to ninety five percent of the company from yelena but to dinner the wife of the former mayor of moscow burbank took the reigning five percent the company'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 due to that became the richest

woman in russia with a free billion dollar fortune during her husband's stewardship of moscow mayor you do scoff was fired last year by president medvedev over lack of trust he often claims his wife's business success had nothing to do with who is running russia's biggest city. russia make sport as much as twenty million tons of grain this year the agriculture ministry says 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 four 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 up more than two percent following a couple of negative sessions that despite a drop in u.s. markets overnight in the end is helping japanese exporters with three point four percent sony's gaining two point eight. in russia the markets kicked off trading strongly in the. on the back of oil prices and positive movement in asia what we're seeing right now is the main game. companies and financial stocks. russian equities are continuing however to feel the pressure from weak u.s. and e.u. data from a community here believes this weary sentiment will remain during wednesday's trading will likely see today is continued volatility markets fundamentally the

markets across russia are quite sweet on the back of the external events it would seem from europe and the united states however having said that we could see a technical bounce and perhaps towards the end of this week today is a very important day with the german constitutional court ruling on the fact whether or not it's constitution for germany to inject funding into the eurozone prefilled 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 expect a positive surprise or to bomb the would announce a fiscal stimulus package which no one is currently pricing in the market the consensus is pricing only the monetary stimulus at this point transportation ministry wants moscow airport to hold ten day reserves of jet fuel last weekend those stocks when dangerously low following a decline in supplies from refineries the project is now being discussed by the government as yet to be approved major aviation hubs bashing the move claiming

extra fuel reserves could cost over one hundred million dollars market analysts say this will inevitably spur already high prices for travel. lines our next one i'll see with matt to stay with us.

headline. spills on to the streets of italy and spain with governments preparing to tighten belts even further. meanwhile switzerland stuns currency markets by pegging its used to be a monetary safe haven to the. how these ten people were killed fifty injured in a. high court in new delhi india preliminary reports suggest the explosives were left in a suitcase near the building. a number of khadafi loyalists including his security chief. himself remain. concerns grow over what kind of regime could be replacing him. and the central russian city of turns into a global think tank as the world gets started there multiculturalism and global security on the table for the need.