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 were reported underlining social tensions in the country struggling to avert financial collapse as finance experts five yo damascene tails are italy's troubles aren't going on noticed elsewhere in the eurozone. i think there's no solution you have to decouple from the financial markets and secondly you have to tax rich people if you want to bring the whole sum a lot of going on like this won't work there from putting it will use not greece you know greece to through a prism of g.d.p. but it will be the biggest economy in the euro zone there would certainly be the current crisis of the eurozone as an offspring of the economic crisis which has been called by the financial markets by the banks and currently what the government is trying to do with they they try to let the majority of the people pay the bill

of the cross of the new film work and you can run an economy against the majority of the population and we solve the consequence of greece and so i believe even germany and france will have a few problems in the near future protests of also swept across spain ahead of a crucial vote by its senate on amending the constitution to limit national debt is follows the parliament bowing to e.u. pressure and adopting the initiative last week but unions and rights groups say the debt cap would decimate the country's welfare system and hurt the most vulnerable writer and journalist miguel thanks so morato believes it's the markets that should be made responsible for spain's current predicament 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 ireland or like portugal because. contrary. 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 the psychological perception and then again it's true that the growth in spain konami 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 the 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 analysts michelmore osce tells our t. the only solution to the crisis is if the stronger economies leave the eurozone. 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 as strong a currency germany can live with it the others then will have

a devaluated council this is exactly what they need it means also that the debts that there has will be devaluated this is that what they mean and this is what they mean need and so the situation is why so versa most of 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 done the currency markets the country central bank devalued the swiss franc by pegging it to the embattled euro in an effort to stop deflation protect exports and promote tourism u.s. economist paul craig roberts tells our team that by doing this switzerland's deprive the world of the last safe haven currency. which the swiss trying to eliminate it as a safe haven because the government's not going to. go the only safe haven where the two reserve currencies themselves are in question we have the two main reserve charts in the euro and both are in the situation where the world is losing

confidence. and so nobody has come in and in the reserve churns what happens to the not a lot of dirty system so people street people keep looking for safe haven goals that will prices have to continue to rise. europe's economic woes 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 leaders to be coming to bend and to separate a sentiment intensifies across the u.k. as we reveal later in the program. first though the security chief of the ousted libyan leader colonel gadhafi has fled the country and is now in neighboring the air according to officials there could off he wasn't said to be part of the convoy that crossed the border tuesday whopper kena faso denies claims

that it's ready to provide asylum before the start of the campaign the us cia and britain's m i six were allegedly sending terror suspects to libya for interrogation and alleged torture that claims based on diplomatic documents recently found in libya have sparked outrage but anti-war activist don de bar says u.s. intelligence 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 audiences to show good aafia 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 rupture that was

a temporary one as it turns out where libya's sensually 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 in power. artie's website continues following the fate of almost twenty ukrainian citizens who remain in custody in libya as rebel suspect them of being procured off the 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 took on r.t. dot com for the full story. staying in the region activists in syria say government forces have used armored vehicles in the b siege city of holmes this is the u.n. is calling for more pressure to be put on president assad but professor edmund ghareeb an international relations expert says sanctions won't necessarily bring

down the regime but they may make ordinary people suffer. been any case what top whatever happens there sanctions are clearly a. instrument that does not discriminate between the regime and the people and what my 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 the only country in the history want to impose on their all come despite. did not succeed in bringing down and they have affected the iraqi public which was her severely as a result of the sanctions so this is a. think is going to raise

a lot of questions especially some of them political economic and some of course. the e.u. is already imposed sanctions on oil imports imports from syria on our website we're asking you what is the true aim of this so far fourteen percent think that 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 argue that the e.u. wants to please the u.s. about half of those who've taken part say the sanctions hit ordinary syrians provoke war protests. and have your say. so natural russian city of 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 stickiest problems is here it's multiculturalism among the main focal points a concept that recently got severe blows across europe global security also 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 ways and he joins us live with all the latest hello nice so issues ranging from security to multiculturalism being. about one of the ideas that are being heard. well they're going to be a lot of different ideas put on the table and some pretty intense debates are expected at this third global policy forum here in europe scovell today a lot of focus yes on multiculturalism but mostly on security and when we talk about security these days of course libya and syria and the entire spring our uprising is going to come up and there are many different views on how libya was handled and on how to deal with libya post gadhafi so that's going to be something that these experts and analysis are going to be talking about also the situation in afghanistan what happens when you ask nato forces withdraw in twenty fourteen very important for the region of course for russia and its partners in the collective security treaty organization which is an alliance that focuses on security in the

central asian region to discuss more about what really will be on the table in more detail joining me now is filtered through cabinets who is a professor of political science i call to university in canada they can very much for being with us. as you see and i know we're just getting started here there's going to be a lot of debate and discussion what do you think are going to be the most highlighted issues. at these three areas which are important in the middle of the two cut and situation one these the issue of. whether it is their daughter's life. even dead why if i lie eve does this alliance work to how we can manage this mill migration that will of people who would like this but if you do come to. the second is the issue of security to how to maintain security and to do work which is very shocked by different events and the

should ease. the issue of wealth and poverty to go to should come. do believe in them or. just. society we're down to must see for the allocation of resources three debates will highlight today's story i'd like to write speak a little more specifically about multiculturalism what you think the exact issues are going to be on the table obviously there's a lot of critics that say it's just not working especially in europe how do you see it. that is the that is de ysu i believe will be dominating today's debate whether or not to mark the cultural issues that europeans say definitely yes and that's what we heard even today from the introductory remarks from my perspective this position is very much for the call to culture is very much about

so days so will be. the axis of today's discussion whether or not my note it is. a belief and be empowered to become members as full members of the society or they would be marginalized and they would be leaving for ever on the on the social welfare as we see in the euro so there are different modes of society this morning crews if in which they might notice this becoming part of the citizenry. or that is another mode that the european model that we keep my noting to is on social welfare and then we are very much surprised that they are called to time so we. had a debate on the principles of how to structure the civil society and what would be done all of the state in such a situation and then the competitive aspect of russian experience is very important

for the western society i was going to say about that what how can russia from its own experience with immigration. with multiculturalism to help the west. about immigration i have some doubts because russia has no clear to me gratian poachers in this sense we cannot do much about the existence of the mood to mood to confession those societies in the shit we can then tremendously you have almost twenty million muslims. and a public such as stuff that's the considered leaving. countries like france germany but at the new canada. we would like to lead to much more about the way you are incorporating different privileges. into day into the mainframe of this site because it can express press our political science from across the universe same kind of thank you very much for your analysis at this year's global policy forum

r.t. is here throughout the day bringing you the latest as leaders experts and analysis discuss the world's most pressing issues parties and these are now i live for us in jaroslava thanks for that report. a bomb blast has rocked the indian capital new delhi killing nine and injuring at least fifty outside the city's high court the latest on that we've got a live to our correspondent previously there standing by in the indian capital so korea what do we know now at this early stage in the attacks. hi there matt that's correct nine people are dead around forty five to fifty people are insured the home minister actually just had an emergency meeting with the top officials here in india and he's actually giving a statement right now as we speak he did say that today's attack was in fact a terror attack he doesn't know who to hold responsible for it just yet the attack took place at ten fifteen this morning about fifteen minutes before the court

proceedings there began and experts are saying the police are saying that this was a high intensity attack that it was a strategic plan to attack there was a bomb that was found in a suitcase near the parking lot of that building and people are saying that it would take some high level expertise to actually put that bomb together this obviously isn't the first time that india has experienced a terror attack actually this same exact building was the target of an attack back in may of this year so so obviously nothing new here the area has been evacuated there are there are investigators that are at the scene that are trying to figure out exactly what happened there and actually also looking for other explosives that could possibly be in that area. obviously also just last month we had attacks in mumbai there was three coordinated attacks that actually killed twenty six people and injured about one hundred thirty others in the whole ministry in that incident

also said that it was a terrorist attack that that attack happened in mumbai which is india's financial capital and also the largest city in this country by has been hit by at least half a dozen terrorist attacks since nine hundred ninety obviously the biggest of those attacks happened back in two thousand and eight those were a series of ten coordinated attacks and shootings in that in those attacks it was actually the pocket study i.s.i. or their biggest intelligence service that was found responses. well for those attacks there is one man who is in custody for those attacks and he said that he actually wanted to recreate what happened in the united states in our nine eleven here in india for the attacks that happened last month the indian mujahideen was actually held responsible that group is made up of muslim students all within this country many of them who were actually trained in kashmir so obviously as i said we

don't know who took hold responsible for today's attacks but there's been a lot of speculation that perhaps it could be the pakistani i.s.i. or the indian mujahideen again so while people are sort of hoping for the best they are also fearing the worst man all right thanks very much on top of the story for us artie's preassure to live in new delhi with the latest we'll be checking in with you later. all right stay with us here on araa to you will be staying with that story throughout the day. hope for a better country but not as part of the united kingdom there's a strong sense of national identity in wales which has helped to fuel calls for him to achieve independence following similar calls for the north and scotland those are his or amid reports the debate continues to rage over whether welfare missions are 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 i would economy has been run from london with the interest and priorities of the south east of england to the fore an independent wills of course will be able to chart a different course based on our needs and priorities wales is a long way from declaring independence but it's no longer just a pipe dream of people here voted overwhelmingly earlier this year in favor of handing the welsh assembly full no making powers that was considered a turning point in welsh nationhood and plights couldn't read the party of wales have undoubtedly taken hearts 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. 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 in a few years and i started to be valid so i think the people in where's it going to see that that scotland becomes independent the next logical step is for a way to speak out. banged into 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 its 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 independent because it is a great country and we do we do in it like an ageing is really patriotic i think more patriotic than english and definitely we have a lot of things that we shouldn't get just seem to be better here at the moment you can get free prescriptions. education seems to be a bit better applied 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 sea for

green energy if the scots vote for independence wales might not be far behind. cardiff so some other stories making headlines across the globe the trial i was to present. over the killing of protesters in february sector is room in cairo the hearing will be held off camera previous sessions monday the court adjourned the trial after hearing the testimony of several witnesses before the session stuff broke out between crow and anti mubarak protesters outside the court when. ten people injured. british lawmakers considering recalling the chairman of the 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 about his knowledge of the widespread hacking at the company james murdoch has recently and has maintained till recently that news corp thought illegal phone hacking was limited to only one reporter who was jailed in two thousand and seven murdoch and

his father rupert had already faced a committee of m.p.'s over the issue in july. and in the us a gunman opened fire on a table with uniformed 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 were unclear but his family members say you had a history of psychological problems he had never been in the military and had no known affiliation with anyone at the restaurant. business news next with dmitri stay with us here on r.t. . you're watching business r.t. it's good to have your company at moscow's largest construction company in tech who has changed hands mid cap lender been bank bought ninety five percent of the company from elaine about to dinner the wife of the former mayor of moscow serving took the remaining five percent everybody has been valued at one point two billion

dollars but given its debts the value of the deal could be about two hundred million or two and it became the richest woman in russia with the free billion dollar fortune during her husband's stewardship of moscow where you de lucia golf was fired last year by president medvedev over a lack of trust your claim does wife's business success had nothing to do with his running russia's biggest. russian may exporters much as twenty million tons of grain this year the agriculture ministry says august shipments of broad climbed to a record of two point three million tons last year was the world's second biggest exporter before halting sales last year due to a severe drought now the country is trying to regain its share of the global market by offering the largest discount on grain in four years this makes russian grain cheaper than french or strelley and supplies and makes shipping to distant countries viable for buyers. of the markets now while it's back up nymex

and brant crude are both adding around sixty cents a barrel that's ahead of an energy department report which is expected to show a decline in stockpiles as tropical storm leaves spread production in the gulf of mexico also hopes that bombers speech will provide a new catalyst for economic growth and supporting the market. asia's stock markets are rallying with the naked more than two percent following a couple of negative sessions that despite a drop in the us markets overnight in the end is helping japanese exporters mazda is up three point four percent sony's gaining two pointing. russia has kicked off trade strongly in the black on the back of high oil prices and positive movement in asia take a look at some of the main movers on the my six which is up one point nine percent this hour and mainly energy shares are gaining lukoil up one percent overall snapped two percent financials also on the rise was burbank up more than two

percent fertiliser producer for saga is no exception companies first never profits rose two point six times to four hundred fifteen million dollars. now the news rushes leading telecommunications company wimple com has increased second quarter net profit by forty two percent however the total of three hundred twelve million dollars was nearly heart what analysts were expecting they will cooperate the bee line mobile phone brand in russia. state run russian technologies corporation is away in plans to create a one billion dollar investment fund venomously newspaper reports it will invest in high tech startups and could be set up next year russian technologies controls twenty five companies including russian helicopters and titanium giant beers n.p.r. abysmal. japan's biggest brokerage no more is reducing its operations in russia media sources say it has turned its investment business in the country company says

it's not planning to completely withdraw from russia still sees opportunities and markets here. business r.t. will be back in around fifty five minutes time with an update i'll see them. culture is that so much of the taxpayers' money i mean anyone who says yeah real movement is it time to write the obituary for the euro as

a single currency reels from one crisis to the next europe's politicians appear to be powerless in the face of a. mission free couldn't take should free transport charges free. range minsk free risk free. to type free. download free blogs can plug in video for your media projects a free media gone to our t. dot com. more news today violence is once again flared up the from these are the images the world has been seeing from the streets of canada. china corporations are on the day .

eleven thirty am in the russian capital these are your r.t.

headlines anger out austerity plan spills onto the streets of italy and spain with their governments preparing to tighten belts even further to calm markets and save the faltering euro meanwhile switzerland stuns the markets by taking its franc that used to be a monetary safe haven to the euro currency. at least nine people killed fifty injured in a bomb blast near the high court in new delhi and preliminary reports suggest the schools were left in a suitcase near the building. numbers of gadhafi loyalists including his security chief lee libya for neighboring nis air but the whereabouts of the colonel himself still unknown this is concerns grow over what kind of regime could replace a. central russian city of jaroslav it turns into a global think tank is the world policy forum gets underway multiculturalism and global security among the issues on the table at the meeting. next peter lavelle and guest discuss the fate of the euro cross talk coming your way.