seven pm in moscow i match reza good to have you with us here on r t our top story unsolved issues in russia and the u.k. relationship should not stand in the way of healthy and profitable cooperation that's what the leaders of both states concluded at a meeting at the kremlin artie's an isa now it has more on the outcome of the first official visit by a british prime minister to russia in six years. president its made of called the talks direct and constructive david cameron called them excellent the two leaders have pretty much agreed to disagree on their sticking points saying that they have to be able to move forward in other spheres especially business a lot of talk at least in the news conference a lot of questions about the litigate the case and how that will if it will really continue to in fact ties just to remind you alexander litvinenko was

a former russian security officer who was poisoned with polonium and died in london i diplomatic spat broke out between the u.k. and russia after that british authorities wanted to activate the russian citizen on facebook oh boy but according to the russian constitution in fact article sixty one which president medvedev reminded david cameron once again today doesn't allow for the russian federation to extradite its citizens to another country to be tried both sides saying that they don't want litvinenko to effect any further growth i david cameron went as far to say that the issue is not parks but we will continue to grow in other spheres let's take the us it remains an issue between britain and russia and we haven't changed opposition about it and the russians haven't changed their position but i don't think that means that we freeze the entire relationship it's not posturing an issue is just recognizing there is

a disagreement that hasn't changed the two countries are changing their arrangements because of it but we should work on our relationship beyond it so that your leaders of course work together in many different formats including the g twenty the g eight the un security council and both sides spoke about that in terms of the most pressing international issues they spoke about livia and it turns out they spent most of their time speaking about the situation in syria david cameron mentioned that he believes that that sanctions should go even further and president medvedev. to doubt that you or you would read it doesn't think what's happening in syria is right and something needs to be done but by no means can this turn in to another libya crisis because russia believes the resolution in syria should be tough but at the same time balance to address to both in the syrian conflict president assad and the opposition only then can such a resolution succeed it should be tough but not automatically sanctions syria is

already under a un u.s. sanctions he doesn't need additional pressure certainly no major breakthrough in british russian relations but a very positive atmosphere considering that a british official at that level hasn't been in moscow on a visit like this in so long positive atmosphere lots of laughs in fact one of the last questions asked apple news conference by the b.b.c. to david cameron asking him about rumors that he was possibly recruited or attempted to be recruited into the k.g.b. back in the ninety's cameron said he doesn't think he would be a very good k.g.b. agent president needed to beg to differ david i'm pretty sure that david would be a good k.g.b. agent in government in this case he would never have become the u.k.'s prime minister the official visit at this level and yet on quite a light no lots of laughs there after that joke about the k.g.b. and david cameron also met with prime minister vladimir putin and members of the civil society where the focus there was on human rights professor of politics at

university of kent dr adrian pab says the u.k. and russia are currently facing many similar economic difficulties which to govern together they could overcome. britain and russia suffer from a lack of diversification just as britain depends too much in financial services the rest of the pens too much on natural resources like oil and gas that both economies need to diversify but this is not just a national issue for them this is also a global issue we know that a huge imbalance is there's lots of hot money circulating that money needs to be channeled into productive activities in britain in russia and elsewhere and i think there is mutual benefit from cooperate in areas like technology where britain can certainly help russia explore some of its natural resources we know this from energy and other areas but also you know russian investment in britain is also important to all sorts of areas like civil aviation and even the car industry where the two countries could envisage some form of technological exchange the need to

build a high tech manufacturing and industrial base across europe and it seems to me that britain and russia have a lot to cooperate on precisely in this field as russia and the u.k. mull over their differences in approaches to the crisis in syria moscow was steaming ahead with efforts to mediate the peace process russian lawmakers are hosting a delegation from damascus after holding talks with the opposition last week president bashar al assad's advisor says her country would appreciate a fact finding mission by russian officials that moscow has promised to send anti-government demonstrations in syria flared up in march with the regime responding with brutal crackdowns at least twenty six hundred people said to have been killed russia wants the u.n. to take action now it will push the warring sides toward dialogue and says assad needs more time to implement democratic reforms u.s. and its allies want a more aggressive approach that will target their laziness and i've already tried calling for assad to step down. iran's boosh air nuclear plant has

officially started operating and now providing electricity into the country's national grid it's the first such facility in the entire middle east region. was following the launch into share. this is a truly historic day for iran as its first nuclear power plant is joining the national energy grid it's going to start operating at thirty five to forty percent of its capacity that is the thirty five to forty percent of energy and it's going to reach the hundred percent potential within the next couple of months now this is something that has been in the making for a very long time this is a joint. venture of russia's adam story expert that's been vigorously helping the rhenium side of construction of this nuclear power plant specially since the one nine hundred ninety eight the opening of the plant has been attended by russia's energy minister and also by the head of story expert both of whom have underlines the importance all. countries now russia's energy minister has said that all of

course conducted by russia and iran should be used with international standards together with all your income to parts went through difficulties and problems building the plant and today we can be proud to the results that are drawing the attention of the whole world i'm sure the cop ration in operating the station and developing now the nuclear energy projects who will be distinguished by the atmosphere we created while working together you have to remember that this is the first nuclear power plant in the middle east so we should never underestimate its importance it's absolutely integral to iran no russia is going to supply the fuel for the power plants and it's also going to discard all the fuel this is going to continue for the next three years so russian engineers and specialists will stay at the plant will stay in iran for the next couple of years but then afterwards they will slowly handed over to the iranian side and then by two thousand and fifteen. the plant should become fully operated by iran on its own like we said this is

a very important venture for both iran and russia and. there is a lot of hope for this power plant which is which has just become operational in share in iran. stay with us here on r t coming your way tension in the middle east we report how israel is becoming recently isolated in the region after the events of the arab spring. but first global markets slump monday over a fear is that italy's debt crisis is worsening as the country's fifty four billion euro austerity package goes before the lower house of parliament for a final debate the government plans to make changes to the way its rural communities are run but some people are beginning to lose faith in the government's ability to make the right decisions bennett went to one rebellious town hoping to break free of rome's rule. welcome to filipino a small town in the middle of italy that also claims to be an independent principality and to prove it it's even started printing its own money the man on

the new note says town mayor lucas a lhari now self-proclaimed prince i guess everyone dreams of being a prince when they're a little boy and so did i now i get to live that dream philip tino's going solo in protest over government plans to slash council funding it wants small towns to merge having the number of local authorities with a population of just six hundred philip tino and its mayor for the chop. it's a terrible idea because it makes economic sense we have everything here to be autonomous and besides the neighboring towns are at least thirty kilometers away so it's not practically possible it wouldn't even save that much money regional administrations do nothing to get rid of them instead italy's in deep debt one hundred twenty percent of g.d.p. the second highest in europe but unions a furious with the cuts accusing the government of punishing those already at their

poorest even some of silvio berlusconi's own allies now oppose them with amendments piling up but filipinos fed up determined to be the next san marino a constitutional republic within italy that has no national debt a rare thing in europe the methinks the town can live off its natural resources of wood and water but currently profits go to private companies there are constitutional hurdles but since autonomy is not illegal it could just be a matter of time at the moment these notes aren't legal tender they're just souvenirs but the plan is for two theory to it to be worth one euro and for this to be the only currency they could be spent in the shops and restaurants here business is always been so. in this sleepy town but shopkeepers hope the new money will bring new cash. i'm sure that once we start using the new

currency the economic situation here will significantly improve it will have a positive effect on tourism of course attracting more people to the town. far from being a p.r. stunt filipino means business and berlusconi knows it he's visiting the town later this month to stave off the rebellion and he'll have a fight on his hands filipino is the source of rose water supply and that may is threatening to cut it off if he doesn't get what he wants either bennett artsy filipino italy. financial woes echo deeper into the euro zone fears are growing that greece could be heading away from the euro and able to contain its debt crisis that overdubbed editor in chief of belgium's leading business magazine think that greece should jump ship of the greek economy is in an outright depression now g.d.p. is shrinking at the moment at seven to eight percent on an annual basis unemployment is officially at sixteen percent but in reality it's more close to twenty five

percent what we hear from people from the i.m.f. informally is that the budget situation is out of control so there's no way that greek greece can escape from this situation unless there's a somewhat orderly exit from the eurozone followed by a huge devaluation of the new greek currency i think we have passed the point now where we can argue that we can say for greece within the euro zone greece will have to exit it can be organized in an orderly way but the risk is of course that there will be contagion in the direction of countries like for example portugal maybe ireland and of course i'm not even mentioning here that would be an enormous problem countries like spain. greece is planning to impose a new property tax to address its budget deficit thousands of people joined together at the weekend protesting against the cuts and increased taxes imposed to secure international rescue loans just over an hour we talk with the greek m.p.

who believes the euro zone membership has harmed not helped his country's financial well being. with the help of the european union greek far most have stopped producing can imagine the country like greece right now kong feed its people we don't produce enough meat we don't produce enough we even oil we are importing and we had the scheme from the european union that farmers were paid so that they would the produce anything. we've destroyed one of the main the main assets of our economy the investments that were made to europe. only to sell germany you know what's the biggest investment it's made in greece for the past ten years super markets. and we ended up buying german productions buying german cause maybe greece borrowed

a lot of money the past ten years from the european union from germany especially why don't you check out how much money germany has made out of greece the past ten years you'll discover that it's more than what we borrowed. is warning israel it faces a growing regional isolation as turkey's prime minister arrives on a visit to egypt the prime minister is expected to cement closer ties with cairo both countries experiencing recently strained relations with the jewish state on friday night a raging mob in the egyptian capital storm the israeli embassy forcing its staff to flee on her expelled israeli diplomats last week over israel's refusal to apologize for killing nine turks during last year's raid on a gaza aid flotilla a turkish prime minister is he says the attack was a cause for war but that is cho as country chose to refrain from aggression middle east analyst jonathan spyer says the implications of the arab spring and israel's

position unavoidable. it's important to remember that there up there a process is underway in the region right now which are in no way in which israel can in no way really exert any influence on we are in the midst it might be said of a tectonic shift actually in the strategic picture of the middle east the government in egypt wants to continue to have a general atmosphere of known simply to israel and to western and so is ready rhetoric and at the same time in reality they are dependent on american support and one of the aspects of turkey's move towards making a bid for regional leadership is once again the very distinct cooling of to put it mildly its relations with israel so these are processes of historical magnitude which israel can't really influence israel in a certain sense is only going to be able to pursue a policy of damage limitation hoping very much to keep these relationships with egypt with turkey as much as they possibly can doesn't really matter right now exactly what israel does israel is going to be increasingly isolated it's going to

be put in a very defensive situation and that i think is the reality in the region we're looking forward to at the moment. the only surviving hockey player of wednesday's locomotive plane crash has died in the hospital twenty six year old alexander gallo died from severe burns to his body and respiratory system the plane carrying russia's cage hockey team crashed in central russia last week the squad was heading to belarus for the season's first gained more than one hundred thousand mourners gathered to honor the players in their hometown the ceremonies also being held in native countries of foreign players killed a crew member from the plane and now the only survivor of the forty five people aboard doctors say his condition is serious but state. turning now to some other stories making headlines across the globe thirty two people close to libya's fallen leader moammar gadhafi helped lead to the share in the past ten days and the news comes amid ongoing fighting between rebels and loyalist troops in body walid one of the colonel's last strongholds located one hundred forty kilometers southeast of

the capital gadhafi fighters ignored the surrender deadline given by rebels that expired last week the colonel's son saadi also fled in the share while the whereabouts of the man himself bowed to stay in the country till the very end remain unknown. about one hundred people have been reportedly killed by fire in a pipeline in kenya's capital nairobi more than eighty were injured in a rush to nearby hospitals witnesses said the pipeline that passes through a local slum burst monday morning officials suspect some of the victims may have been siphoning fuel from the pipe when the fire broke out. there was an explosion at a nuclear facility to facility in mark you'll in southern france one person confirmed killed several others injured officials earlier warned of a possible radiation leak but say no emissions have been detected the facility handles nuclear waste with low levels of radioactivity. yemen's president ali abdullah saleh has authorized his deputy to discuss transfer of power with the

opposition this follows months of political turmoil triggered by massive protests against the country's long time ruler more than a thousand people believed to have been killed during clashes between anti-government activists and security forces. you can check out our news any time on our website r.t. dot com here's what's a click away right now. about ninety percent of afghans are unaware of the tragic events of the september eleventh attacks or the reasons behind their country's near decade long occupation by nato forces learn more about online. dominates the london international film festival the multiple movie entries including alexander sokurov which has just swiped off the top prize at the venice film festival. he.

says. the official. from the. video. and. in the palm of your. comb. be back with the headlines in about ten minutes but first the business news with marina. hello and welcome to business here on our team now deals worth around four hundred

million dollars have been signed during the visit of the u.k. prime minister david cameron to russia the delegation includes blue chip companies like royal dutch shell b.p. and british airways british d.i.y. every sailor confession will unveil a plan to open nine stores in russia and the total investment could reach two hundred and fifty million dollars the u.k. is also expected to sign a deal with the russian state energy corporation which would help the u.k. companies with contracts in russia's expanding nuclear industry. and among other notable deals the russian state nanotechnology corporation is binah forty to fifty percent of the london based pro bono bio for an undisclosed amount the financial times describes the company as a new medical company launching the world's first molecular scale nanotechnology treatments probe on a bio plant celeste in moscow and london with them for years. tony

hayward is stepping down from the anglo russian oil forum at seeing k b p and that's less than a year after joining the board as non-executive director the former chief executive all of p.p. who was fiercely criticised for his handling of the gulf of mexico oil spill is live in super scio other interests in the energy sector the departure comes at a sensitive time following b.p.'s failed attempt to join with wozniak to explore the arctic the alliance was broken by the russian partners in seeing to b.p. who are now seeking compensation through the courts from the british parent company . let's take a look at the markets and i will start with oil prices are a mix the sour investors fear europe's debt crisis book economic growth. tempering the man thought raw materials light sweet is currently trading at eighty seven dollars per barrel while the brand blood is heading towards

a one hundred twelve dollars. in the us some markets are trading in negative territory as fear is now it's over europe's debt problems especially after a credit rating downgrade all french banks the dow is losing point nine percent the sour in europe markets are seeing heavy losses shares in u.k. lenders are under pressure after the independent commission saw what banks there would have to ringfence their brutal arms fall in the credit crisis the footsie is losing one point seven percent the sound all that that is the soup point for european debt worries weighed on the russian markets as well and this is extended last week's losses in monday's straight that my sex flows over a one and a half percent down all the arts he has lost more than three and a half percent and let's take a look at some index movers on the my sex energy majors law school around with gas from closing one point nine headed to super sundown and banking stocks were also on the pressure with russia's largest lender losing four point three percent norris

nicole did better are ahead of its board meeting on tuesday it and that the day per cent higher and that's because it plans to discuss a buyback of company shares for minority shareholders well michael starting from upgrade to financial corp says the russian market is being led by a global sense that. russian equities are sharply lower today importing both from volatility in share price weakness from european markets which are down on average of three to four percent today and it's more concerns about the fate of the euro and it's more concerns about your resume banks and stability in the markets we see particularly weakness in the big highly liquid stocks like gas problem a spear being a metal some mining stocks are also weaker as those. companies are exposed to global steel prices and a potential slowdown in demand i'd also note today's weakness in the oil price with oil now within one percent of its two hundred day moving average this has

a few investors concerns and this is one reason why the ruble has also been weak today. fears are mountain the world is heading rapidly for a second dip of the recession russian finance minister alex didn't says it's more probable now than before the summer russia's balanced budget means it is reasonably a well placed to ride out the turmoil but troika strategist chris we first says that's will only all for the limits of protection when the mood swings sour in reality russia is in a much stronger position today than it was in two thousand and eight so you know russia is in a much better position to be able to withstand global downturn. you know to to remain fiscally solvent and stable that's the reality it doesn't matter the perception is that russia is still a high risk environment most international investors view russia as a derivative of global growth therefore if they become optimistic about global

recovery russian asset prices tend to rise higher faster than others and equally when there's a sell off as we saw in august russian asset prices will go down even faster than the rest. russia is for parents a band smaller carriers from running both charter and a local flights routes will be given to the country's major airlines who will also get state subsidies analysts say this could produce eggs system passenger traffic by up to forty percent with just a few companies operating in the markets the move is aimed at improving process or aviation safety record after almost an entire professional ice hockey team was killed in a plane crash last month. that's all the business news for and for more stories you can head to our website r.t. dot com slash business but in the meantime stay tuned for the headlines with matt's .

shoes that say much to me i mean it's never really. a currency crisis in the future but is there a simple. the

global economy.

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seven thirty pm in moscow these are your are the headlines stronger relations for mutual benefit russia and the u.k. agree not to allow their divided opinions on issues including the litvinenko scandal and the resolution to the syrian crisis stand in the way of a political and economic partnership. generating power iran plugs its first nuclear plant into the national grid the facility had to share was built with russian help and will reach full capacity by the end of the year. italy moves closer to the center of the eurozone debt crisis as its crucial austerity package enters the final stages triggering a new wave of protests that tough spending cuts and the much debated fifty four billion euro program is aimed at balancing the country's budget and triggering growth. as more even nations.