and the killing of five gyptian soldiers by israeli security forces that fueled let's say the four poll the field or the ongoing fire so that's why we have him on to israeli sentiment the government officials and people are very very upset at all in fact there's some early execution of na in turkish activists in international waters and that made it worse of course israel's stand against this and not really taking the necessary step to. congress to a down you cannot go around killing people and especially from that line activists they took out. thirty five bullets and many of them as the united nations security council no united nations report indicates that from a close range they were shot their people are very angry. twenty three

minutes past the hour here in the russian capital let's have a quick look at some other news from around the world before we get to business news with marina thirty two people close to libya's former leader moammar gadhafi have fled to geron the past ten days the news from the ongoing fighting between rebels and loyalist troops in bani walid one of the colonel's last strongholds located one hundred forty kilometers southeast of the capital it offers fighters ignored the surrender deadline given by rebels which expired last week gadhafi son saadi has also fled tunisia while the whereabouts of libya's fugitive leader who vowed to stay in the country until the very end remain unknown. about a hundred people have reportedly been killed by florida pipeline kenya's capital of nairobi more than eighty were injured and rushed to nearby hospitals tipline passes through a local slum first on monday morning with the suspect some of the victims may be

draining fuel from that height when the fire started. and there's been an explosion at a nuclear facility southern france one person has been confirmed killed and several others injured officials earlier warned of a possible radiation leak but say no missions have been detected in a facility handles nuclear waste with low levels of radioactivity. probably back out with a recap of our main news for you very shortly in the meantime marina's here with the latest business update as promised stay with us live here in moscow. hello and welcome to business here on r.t.l. deals worth more than three hundred million dollars have been signed during the visit of the u.k. prime minister david cameron to russia delegation includes blue chip companies like world dutch shell b.p. and british airways british know why retailer king fisher has unveiled a plan to open nine stores in russia total investment could reach one hundred

eighty million dollars also engineering firm girl's voice has agreed to join we developed nuclear power with the russian state and have the cooperation. and among other notable knows the russian state nanotechnology cooperation is spine of forty to fifty percent of the london based program in the bio for an undisclosed amount the financial times describes the company as a new medical company launching the world's first molecular scale and that of that knowledge the treatment protocol of bio plants less in moscow and on the move in four years. british oil major b.p. wants to continue doing business in russia but the spotlight its current problems in the country and that's according to a senior kremlin aid sites in the british prime minister the company is stuck in legal battles with its russian partners in the joint venture it's named k b p earlier this year they blocked the deal between b.p. and ross that he jointly explored the arctic and now they're seeking compensation

for the people bring their shareholder agreements meanwhile at sony hayworth the former c.e.o. of b.p. is stepping down as a moment's notice of director of team k d p and that's less than a year after taking the post. almost like a look at the markets now will start with oil prices are mixed as the u.s. dollar and that's gave up earlier gains the partial recovery came as the organization of petroleum exporting countries sent out some of its numbers could lower production as a slowing economy weakens the light sweet discriminately trading at eighty seven dollars and sixty five cents above the brant blend is that one hundred twelve dollars and forty two cents per barrel now in the us markets are trading and maybe it's heard story as fears mounds over europe's that problems especially after a credit rating downgrade a french banks. and european markets are heavy losses shares in newquay lenders

were on the pressure after the independent commission told banks there would have to ringfence the recent logs following the credit crisis. and european debt worries weighed on the russian markets as well in this season extended last week's losses in the day straight from my six close over one that i have percent down all the arts he has lost more than three and a half percent and let's take a look at some of the individual share moves on the my sex energy majors lost ground with gastro setting almost two percent banking stocks are also in the pressure of russia's largest they're losing over one percent but norris let go of the better. head of its board meeting on wednesday on tuesday rather and that was to discuss a buyback company i know it's a shareholders michael side from financial corp says also marked by a global sense of. russian equities are sharply lower today importing both

volatility and share price weakness from european markets which are down on average of three to four percent today it's more concerns about the fate of the euro and its more concerns about euro zone banks and stability in the markets we see particularly weakness in the big cap highly liquid stocks like gazprom spear being a metals and mining stocks are also weaker as those companies are exposed to global steel prices and in a potential slowdown in demand i'd also moot today's weakness in the oil price so with oil now within one percent of its two hundred day moving average and it has a few investors concerns and this is one reason why the ruble has also been weak today. well the business is falling well the headlines are next to tell from a. move

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if you're just joining us a very warm welcome all to life here moscow top stories now this hour and help cos the our strong good relations for mutual benefit russia and you can agree not to anon a divided opinions on the eleventh to scuttle of the resolution of the syrian crisis to stand in the way of their put it to. and economic partnership. generating power iran plays its first nuclear plant for the national grid facility of bushehr was built with the help of russia and will reach its full capacity at the end of the year. also reporting the start 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 of tough spending cuts much debated fifty four billion euro program is aimed at balancing the country's budget and triggering growth. for more tougher starting measures in a new one of property taxes being prepared for the greeks as the country is finding it hard to escape the grip of its debt expert talk to greek n.p.c. . who says joining the euro zone has destroyed his country's financial prospects a special interview for you next on r.t. . greece has given the world many i define myths including the latest one and its economy was strong enough to join the euro zone was it a comedy and tragedy or maybe a farce well to discuss that right now joined by the member of the greek parliament . thank you very much for your time sir now greece has been at the center of

political and economic debate in new york why some time now do you think the european union has done and not how greece out and not enough in the right timing and greece was just the weakest link in the in the building in the. well constructed it is a problem when you promote the financial gratian without having political integration and i think it's the time for big decisions of the european union not so sure that the political leadership of the european union today is going to be what do you think i've been through there are these crisis that's the root of this crisis is that the political leadership has given up a part of its power to the let's call it a list. of people that would never vote for him never elect. but they

seem to have more power than the elected leadership that is something that has to change and another point of view maybe it sounds a little bit moral but making the money without producing anything is immoral and that's what we're paying right now so what you seem to be suggesting is that greece has lost more than it gained from joining the european union and the euro zone it's not our fault is that we lost chances we. then should have done more and the good things. right now it's costing us a lot you can imagine that. germany for example is lending us money with a big hit with a big interest rate then that itself is borrowing so they are making money out of the help to us now some critics say that. year was introduced in greece

wages have been increasing at a pace seven times higher than enjoyment if you just mentioned down for example salaries for public servants have increased by seventy six percent so some critics may say that it's actually inefficient bodging inefficient cost management that plot to these dire situation this and there is a truth that the greek political system. for. of the past of the last twenty years was. giving money giving benefits in order to collect votes. that is not the only reason though for these. patients that you referred to because you must keep in mind that when we enter the european union the salary of the public servants in greece was one of the salary of public servants in germany and it was supposed to be that. the aim of the european

union was that all europeans would come to the same level so yes there was another patient of i don't know seventy percent he said but still the salaries are lower than in germany how bad the situation really is what are the chances of greece defaulting on it in the near future i believe in the perspectives of greek economy maybe right now it seems rather gruesome picture but we have many capacities that haven't been exploited them that's. one of the reasons i'm here in moscow to promote the conference that we're having and wrote us about the great russian collaboration there are many things to do specially in the energy sector of course the tourist sector the real estate sector the corporation and coal production of. times of high technological value with russian know how and

production in greece this would have advantages for both sides plus the fact that with help of the european union greek farmers have stopped producing can you 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 a country like greece that should be producing everything comfort yourself and should be and we had the scheme from the european union that farmers were paid so that they wouldn't produce anything. we destroyed one of the main the main assets of our economy and this has changed now sentiment here giving is full of disappointment do you think it was a wise decision for greece to join the european union in the first place the decision to join the e.u. was

a wise one the way we entered the monetary union was the wrong. relation of the greek calling drachma. euro was incorrect the way we transfer. who made the transition from the drachma to the euro was incorrect for example prices went three times we didn't pay attention at the time because what we gained from. the monetary union right away was. credit. greece and greeks could borrow money easier but it wasn't used in the correct way it was used just to buy things but also the investments that were made and europe were 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 productive buying german because we have helped the german economy very much by our buying capacity i'm telling you maybe greece borrowed a lot of money the past ten years from being european you know 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 borrow recently be greek i would just have announced a very ambitious parents station program. and die in time some just may just take companies in an effort to raise some money and close some holes why do you think about a program i think that a big part of the public sector should be privatized i don't think that the current government is. moving in the correct direction and i'll give you an example that

has to do i know that there was there is a russian interest from the russian railways for the greek railways and i am sure that. with russian management and russian know how the greek gray laws can make railways can make money well today they're losing money and as far as i know the greek government hasn't responded to the proposals so things like that have to change. for privatization but with. the spirit of development we don't want to sell out greetings and we're not going to sell the acropolis as some german magazines and newspapers proposed i wonder how they would feel if they were we would ask them to sell the neigbor gate something of similar historical and emotional value and i do believe that what.

think european union the troika as we call the european union monetary fund and the european central bank of the proposal the plan that they have it's not working. raising taxes. and the economy that is in deep deep recession doesn't solve problems it creates even more what future do you see for the unified europe do you think it will survive this crisis i would like to see europe survive but there are many things that i have my objections for example the relations between the european union and russia they should become better. greece has tried to be a bridge between good oaky and union in russia and russia successfully sometimes unsuccessfully in others there are some new member states in the european union that are reacting but russia is a part of europe so i can't imagine

a europe without russia there must be a closer form of cooperation between the two sides and everybody is going to benefit from that you mention germany several times. me finish it on the german call with just a few days ago i'm going merkel fat if the euro collapses europe will collapse do you agree with me and i want to see the european cut and see. continue to exist i believe that we didn't start it and the right way. but it is the right direction and we just need a new framework and a new understanding between us because right now very. not entirely responsible everybody has its own responsibilities on the sponsibility

things and it's the weakest link but there are others through. the problem of greece through quickly became a problem for. now we're afraid for spain for italy so it can't be only greece's problems the whole structure was wrong and we have to change we have to find another approach i do believe in the european union and the european dream. but in a larger dream and in a more correct way and as i said from the beginning i can't imagine europe without russia. russia has the same i think there is nothing for me to sit here and it will make me feel a currency in crisis and an unknown future but is there

a single thing on. the official t m p k shoot your i pod touch from the. lights on the good. video on demand. keys minefield. and street with the palm of your. christian. wealthy british science fact. that's not on the title for. the current. market i must struggle to find out what's really happening to the global economy for a no holds barred look at the global financial headline news joining me to cause a report on. the.

line shall be soon which bryson if you knew about sloan from first impression is so. nice clean start on t.v. don't come.

top stories this hour on r.t. stronger relations for mutual benefit russia and the u.k. agree not to allow their divided opinions on the scandal in the resolution of the syrian crisis to stand in the way of their political and economic partnership. generating power plugs its first nuclear plants to the national grid and facility in pushchair was built with the help of russia and will reach its full capacity at the end of the. 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 and tough spending cuts much debated fifty four billion euro program is aimed at presence in the country's budget and triggering growth.

take for the moment with more news for you more developments and fifteen minutes from now in the meantime unum will bring you the latest sports. it's good to have your company this is sports that we have got plenty ahead over the next ten minutes including all this. stateside shock some stories are secrets her first ever grand slam title beating big favorite serina williams and the women's u.s. open final. soaring eagles one of the favorites for the n.f.l. trying this year philadelphia get their campaign off to something that starts against the set list right. topping the charts russian move into first place overall in the modern pentathlon world finals being held here in moscow. let's

start with some sad news the last surviving ice hockey player from last week's deadly earth and jaroslav all has died in hospital alexander kelly moth was one of only two people not to person mediately on wednesday that twenty six year old was being treated for severe burns in an intensive care unit in moscow when his health field plea worsened this morning forty four people have died while crew member alexander says soft remains in critical condition the plane was carrying kontinental hockey team lucky motif to bella roos for the opening match of the cage all season the side have decided to pull out of this year's competition despite their squads in the lead a free here's the. kitchell season has however gone ahead today after thursday's initial start was postponed as i mentioned right there looking chief won't be unfold this season but the russian president says no stone will be left unturned in the attempt to return the squad to four mercury's. thank

you because they were trying to decide the best way to help the families of the deceased blears the local hard he was a team it was admired not only nearest larval but all over the country those who must decide how to resurrect the club which will be the best way to honor its foreign players. showing the elites of women's tennis the string clinching her maiden grand slam crowd and after stunning serina williams in the rain the lead us open final on sunday a minute's silence before the clash on center court to commemorate the temple anniversary of nine eleven it was then dying to watch and were relentless storms are never let off in the first set but ninety seed not messing around in the second either proving you with a new blip against a heavily favored three time champion at flushing meadows. williams. the title with a four hundred winner on her third much point six two six three would end stores or

just becoming the first to screen woman to play in the u.s. open singles title since margaret court back in one nine hundred seventy three. felt like i was there when the underdog going into it so maybe that kind of made me a little more relaxed going into this match then especially my last grand slam final i think i was able to draw on a lot of that experience from the french open and. you know i. had to believe that i had a chance to win i think obviously having t.v. series over here in the past. it may help me feel that it was possible and i knew that i had to go out there play well even every chance to play for the u.s. open i would have never thought i would have a chance you know. seven weeks ago i mean when you're in wimbledon or whatever you know and six months ago or what i just would have ever thought that that opportunity would have been available so. i can't be too upset with myself.

tennessee's new biggest rivalry in the men's side of things gets another installment with the states out there highest world number one novak djokovic seeking his third grand slam crown of the season against second ranked rafael nadal rafael sure it should be arch for revenge after being relegated to. status by the serve five times going into the law the latest decider. let's talk football where real madrid have secured an early advantage in the race for commercial league glory this season because perfect after two games more as i can be said for parslow know the spanish champions doing everything right in the opening dozen minutes however against reality susi adult typical team brilliance leading to the one from zambia and it's an almost identical build up of the visitors moments later says bob against the man punching on the open hole but there would be no more highlights for

people so their night including during a two minute spell of quarter of an hour after the break first cutting the deficit through the head of the mind all get a chance before quite bizarre hostile would be with help from the stands but sure points beyond reason. the issue. for sport two to the finest with the with the open. butts archrivals real madrid six points to similar news charges keeping their run going. i. suppose before the one of the fifteen minutes the frenchman how to brace on the night as the top is this is second seventy four minutes in leaving the sport we see the stage. was good at the time it's a bad image and zelo why on slogging your forward to the reality.