international news and comment live from my headquarters here in central moscow this is r.t. the u.s. remain you have signed a joint missile defense pact in washington the agreement authorizes the deployment of ballistic missile interceptors in romania it's part of an american project to build a broader nato defense shield in europe. has this report. what they've signed this part of america's revamped plan to build a missile shield in europe with elements of it deployed in different countries in eastern europe romania will host america's land base this time so we interceptors the shield will be unfolding fairly close to russian borders needless to say that's always been an irritant in the relations between washington and moscow the new u.s. missile defense plan that we're talking about is a four stage plan to two the first two stages invision the salaciousness and three

interceptors of lower capability and the last two of higher capability is the last to that especially by the russians the more advanced ones because russians have a different analysis of the weapons that the so-called rogue states have and what they don't have on moscow doesn't want the system to be eventually directed against russia the war of words on missile defense has been going on for quite some time with washington saying we need powerful missile interceptors against a possible attack from some dangerous state they usually maybe ran and north korea and moscow saying why would you need interceptors for weapons that those rogue states don't have but russia does russians have been quite persistent for years you know saying ok if it's not against us let's build a missile shield in europe together and the response they get is always a no a polite no but no they say yes we will cooperate but not on equal terms to that question and say then give us legally binding guarantees that the defense system will not be used against us but besides the purpose the mere effectiveness of the

shield is now in question last thursday for the first time the u.s. tested its advanced systems three block one interceptor missile and it failed to hit a target by the way the federation of american scientists has recently come up with a report that calls for a review of america's missile defense plan based on the inconsistences that they see between its goals and means the report touched upon two very interesting points a the effectiveness of those interceptors is arguable from a scientific point of view and be that it could push the russians and possibly the chinese to try and restore some kind of balance by arming themselves more. well let's talk more on this with peter gov he's professor of political science at parris west university thanks very much indeed for joining us live here on r.t. what obama scrapped the bush plans but threats from rogue states remain so washington is right is it not to continue with its anti missile defense shield. well actually i don't think it's really a military necessity no one really believed that there was

a possibility of iran it tanking europe it's me size did not reach could not reach western europe so it was the deployment was scrapped in the czech republic now there's a new department in rumania but i think this takes up surely a political washington probably wants to reassure the former satellite countries. so it's a political move but hardly a military necessity and also considering the state of the us economy i don't think it's a wise move in financial terms the reason is probably political rather than than military or right political battle is there and if there isn't a threat as you say why though shouldn't the us just compromise with russia and bring them into the system create a joint defense system and that would of course decrease all the tensions that it's creating between the two. well actually that would be the sensible thing to do you know one of barmah had this reset policy it would russia at least he was achieving

something corp russia and key issues but this new deployment is aware of antagonizing russia which is going to turn into maybe some kind of new arms race which is totally pointless not only because the effectiveness of that shield is problematic double but also because it's going to cost a lot of money to both the us and russia and unnecessarily because frankly i don't think iran is in a position to attack anyone in the west i suppose our main is not too bothered about its relations being affected by this plan with russia itself but what what is its real reason jumping into bed as it were i know it's obviously part of nato but why does it really be appearing to be so keen to join the us on this missile defense project well i can see two major reasons for. there is rumanian anti russian feeling because of the history of rumanian after nine hundred forty five

also economically remaining is in dire straits and having american bases and again of american military involvement is something good economically because there's many people who come to rumania consumer goods and so on so from an economic point of view it's good also the roumanians probably think it sounds fresh and message which is we are now are free of you you cannot touch as we're protected by and by the us which. probably is not very useful but it has to do with the history and psychology of these domination and the domination of this country by the soviet union or russia or you're there in france and russia is envoy to nato on a recent visit to paris intimated that the defense in europe poses a risk to your country what what does he mean by that. well difficult to be in its mind but i mean probably is warning france which is now are

a full member need to again because until recently it before sign because it was elected president was not part of command and now france is in bed with the us to mean is telling france what chart because if you side with the united states all the contracts that exist in france and russia including military contacts because there's a contract or submarine or a an aircraft carrier these could be in danger all the intertwined economic and military relationship between france and russia could be endangered and you could sort interrupt you could apply that sentiment to all of the other nato countries. but i think. germany all sorts of blatant will brush up but countries like britain or italy the. tight to what i pick trade between the u.k. and russia of course as we just heard yesterday with a prime minister's visit but i think you know the relationship can be you can

russia is not as friendly as warm as it is between let's it france and russia at the moment this freshly in military matters so there is a warning there i think you know it's if you accept this plan then maybe going to pay the consequences just briefly you talked about the possibility of a an arms race or has plans though of course to rid the world of all nuclear weapons is that really realistic now. you know where you cannot put the genie back into the bottle but you can work towards fewer and fewer deployments of weapons fewer weapons and what he's doing now with this new deployment is a kind of reassurance before the rumanians which is i think unnecessary and costly as always very good to hear we have to say pig a professor of political science at paris where university thank you terry. to libya now the transitional authority has given residents of the besieged gadhafi

stronghold two days to evacuate or face a full scale attack that as nato airstrikes help the rebels to secure a key oil town in the east the leader of the n t c in his first speech since it kind of was asked to urge libyans to strive for a civil democratic state based on moderate islam meanwhile amnesty international has called on the country's new leaders to prevent human rights abuses accusing both sides of the conflict the violence concern grows over the humanitarian situation in libya that seen over two thousand six hundred killed since the uprising began what is more of a notion has been talking to the people of tripoli about the outcome of their own revolution. gadhafi free tripoli just can't stop chanting to celebrate the birth of the new leader. all reminders of a recently overthrown dictatorship are suppressed what used to bring nightmares to some for decades is now a cause for laughter. shoshu for his curly hair we call him

because his hair is so long and he doesn't cut it it's ugly actually but some are not smiling believe in the post gadhafi freedom is nothing but the mirage a crime has been the arrest of three times in the last two weeks rebels interrogated him and took his documents the reason the twenty seven year old copilot says is his family's ties with gadhafi his regime we cover his face and change his name in supposedly free libya this man is afraid of being thrown to jail again or even killed. a bug was about to get their feet but you can see about wars about. what they are talking about democracy this is not. a crime says libya didn't get rid of a dictatorship but only fell into another one. of the rubbles weapons in a city where the gun has become a common accessory just like

a cell phone and where one can only cross the town's numerous checkpoints with an obligatory a large bar to the winners this is a reality not hard to believe. know everybody we are happy we are freedom good there feels good are no way this is not true believe me because they are free to war if we give the return back to tripoli you see the same people same people same personal things they are supporting a revolution can bring much hope but what comes afterwards is often different. those who drove egypt's revolt this year who are still on the streets this weekend seven months after toppling president mubarak angry at the like of progress on the reforms libya's future too is still far from clear the post gadhafi libyan capital has been the scene of euphoria with celebrate three gunfire and singing heard here around the clock for more than a fortnight already like all parties however some believe there could be

a serious hangover after wards in the form of retribution and uncertainty as to how the future country will be governed river national r.-t. tripoli libya. the latest on the developing story in afghanistan now where at least nine people have been killed and twenty three wounded in an ongoing taliban attack in the government district that's according to reports coming out of the capital the american embassy and nato led coalition headquarters in kabul have come under heavy fire seven of the sites in the city were also attacked including police stations and the office of iran's press t.v. news channel insurgents stormed an occupied an empty high rise building from there they fog guns and rocket propelled grenades afghan and nato forces have surrounded the block and several insurgents are reported killed at least one remains inside the building this comes just weeks after twelve people died in an attack on the british counsel's office in the same district well earlier i spoke with pakistani

lobbyist. and he thinks the attacks highlight nato used to win the hearts and minds of the afghan people. this is no longer about just. color ban or just groups of terrorists doing there is tremendous support from people on the ground to these kind of attacks i mean this particular attack for example would not have been possible without people in the neighborhood people who have facilitated these attackers the terrorists to carry out this attack and this would not have been possible and of course we have the attack on the british council and many more before that so obviously this time it is not a stable and i think you will see more and more of these attacks as more and more u.s. troops actually withdraw from afghanistan how can you really stop these attacks if you if you have a huge segment of your population really sightline nicely and actually punished over the past eight nine years years ten. well still ahead for you this disaster site seeing today's adventurous travel is what first hand experience of the

exclusion zone twenty five years after chernobyl nuclear plant blast but the government says the tours are illegal. still to come but first television will continue to abide by its peace treaty with egypt despite the attack on its embassy in cairo that's according to israel's prime minister he spoke following the assault in which three people died in clashes with security forces on friday angry crowds stormed the compound in response to find it gyptian officers being killed by israeli troops in the border passionate last month the motley turkish prime minister who is on a three day visit to carra warns israel it's facing growing regional isolation. commentator has told r.t. that israel stubbornness over of knowledge of recent changes is a recipe for failure. israel now is getting away from the notion that it needs rational democratic allies in the region and this isolation

now taking place because israeli calling israeli decision makers on the political level are choosing even to to if you will believe those doors allies by refusing to apologize for turkey for what has been taking place ever since mavi marmara incident and also killing of egyptian soldiers inside and hoping to get away with what has been done against them certainly puts for forward in new delhi image in the people's. country to continue all faction policies while the world or around them in their near vicinity is is really changing powerful you and radically. germany has called on new resume members to stick together in an attempt to settle over the potential greek default the chance of the says that greece must stay aboard the block to avoid causing

a domino effect the statement came after fears of greece declaring bankruptcy caused a shortfall in global markets on monday it was triggered by reports that germany was preparing for greece to leave the eurozone has been struggling to bring its debt crisis under control despite stringent study measures financial journalist says there is no easy way out. but there are different ways that. the european central bank and the e.u. could go about dealing with a default of greece or an exit of greece portugal or some of the peripheral countries they could break the euro into two different types of euro put the fact that no one is willing to talk about that option openly and kind of admit that that's where we are with an unsustainable debt like greece has and now the fact the country is the size of italy which is no longer really able to access the markets the way that they're accessing the private markets but the e.c.b. isn't there buying italian spanish debt so the fact that you have these countries unable to issue debt paper on their own is frightening for the european union for

the eurozone there is no real exit mechanism from the euro if you're part of the new you're part of it supposedly for life ok and so we saw how chaotic it was when argentina. default on its debt and exited the dollar peg in the case of greece it's not even a peg they've given up their currency their french banks that are that are potentially on the hook with a lot of greek debt now who's exposed to those french banks and who's exposed the banks that are close to french banks a lot of the banks prefer an environment like they've had now which is we can lever up as much as we want doesn't matter and if we lose we just get bailed out there they have structurally adjusted their business model and their profit making mechanism to this new environment which has been perpetual bailouts that we've seen since one nine hundred eighty. in the meantime italy burdened by an debt crisis has turned to china for a possible rescue a top level talks were held in beijing off to be moved closer to the epicenter of europe's financial turmoil treasury refused to give out details but it's understood that china has offered an option to buy

a stake in the italian sovereign debt the government is pushing a fifty four billion euro austerity package that includes changes to pensions government spending cuts and a special levy on the rich the lower house of parliament is expected to approve it by wednesday. thousands of people gathered in the us larval to say a final goodbye to the arse hockey player alexander gallimore he died in hospital five days after the plane crash that killed almost the whole look at more team last week the twenty six year old suffered severe burns to his body and spirit from trapped family friends and fans gathered at the team's home stadium and to lay flowers and pay their last respects the plane carrying the ice hockey team crashed in central russia killing forty four people one of the crew members from the plane is now the disaster's only survivor. so take a quick look at some of the other news making headlines around the world at this stage of the day government have

a school bus in the pakistani city of peshawar killing four children and the driver the bus was taking the nine to fourteen year old students home when the gunman struck at the no claims of responsibility for the attack so far western pakistan is torn between government supported tribal armies and is in the midst militants with links to. have carried out hundreds of tanks against civilians in recent years. through passenger trains and a bus collided in the argentinean city a bun azhar is killing nine and wounding two hundred twelve some of them critically the crash took place during rush hour when a passenger bus drove around the crossing barriers in an attempt to save time and was hit by a train throwing it on to a platform express then. and hit another that was going to lead the way. in the world update this sex abuse victims have submitted claims to the international criminal court calling for pope benedict sixty and top cardinals to be investigated for possible crimes against humanity article officials are being

accused of negligence in supervising priests and turning a blind eye to sexual crimes against children thousands of individual cases a broad reach year but the court has never before opened a single formal investigation into the catholic church. is said to be one of the most exotic tourist destinations twenty five years after the chernobyl nuclear disaster the exclusion zone around the plant seems to me putting people in and not driving them away but the government recently banned excursions to the contaminated area amid allegations they were providing officials with the profits results he's alexy has just discovered the area could still serve the purposes. these cars were once heavily affected by nuclear radiation now they radiate for a different reason part of an exhibition in key of dedicated to the clear up of the nine hundred eighty six chernobyl fallout over the years the chernobyl museum in ukraine's capital kiev has become one of the top tourist attractions especially in

april this year when the world marked the twenty fifth anniversary of the disaster but for those craving for the firsthand post-apocalyptic experience looking at the exhibition here has not been enough. and there is an adventurous alternative to the contaminated zone around should a noble itself over the past decade tourists have been floor can hear more than ten thousand of them each year that's why forbes magazine named the dead zone one of the world's most exotic tourist destinations. alexander former resident of the ghost town of pretty bad has been organizing these tours for several years he told us that visitors are always fascinated by what they see although all their motivations for making the trip have always varied. fuck. you people have different reasons. some want to see what an apocalypse could look like. someone to feel the history. or for some it's their childhood like the

atmosphere of the soviet union has been preserved but for me it's more important not why they come here it's what effect it has on them. but since june that this radioactive tourism has been suspended the prosecutor general's office conducted checks and ruled that the emergencies ministry had broken the law with these trips as well as making i don't healthy profit every tourist of the zone has been paying around one hundred u.s. dollars to do so equating to a multimillion dollar revenue every year. we were to the ministry to inform the government of every dollar earned by these trips we know that a lot of money has been made but we have no idea in whose pockets it ended up why not put the money into the budget and use it to solve the problems. that the ministry is defined it says it stuck by the law it claims these troops are a vital way of educating the world on how to avoid such disasters the chernobyl

zone will never again be inhabited but experts say it could still serve other purposes. due to decontamination procedures almost half of there has acceptable levels of radiation that's why we can use this large spaces to build solar and wind power stations and even grow be a fuel their emergencies ministry has now filed a lawsuit in a bid to resume tours through the contaminated zone and the court is expected to start hearings in mid september ukraine's thirty kilometer nuclear wasteland will remain closed to the public until then but the debate remains very much open. looks your show ski and see you from kiev. in ukraine. coming up to twenty four minutes past the hour here in moscow and back with a recap of our top stories for in just a few moments in the meantime you're in good company because marina's here with the latest business news.

thanks bill hello and welcome to business here on r.t. now the clouds of uncertainty continue to pile up in europe rising expectations of a greek default and a possible downgrade of french banks are causing the financial barometer to drop sharply and russia is not immune with the ruble now trading at an eight month low however jacob knell from morgan stanley here in russia believes there are reasons not to be too pessimistic. if you look at what's happening to reserves which is the kind of results of the entire set of. transactions between russia and the rest of the world every week we've been seeing an increase in into the school reserves and if you think of oil exports at these prices and what's happened. i think you'll find that the current to care continues to be very strong. on the capital it's a little bit less predictable but i think with the uncertainty around the elections it may be an increase in capital flows though not to the level that we saw earlier

this year so actually we expect the ruble to strengthen the care from her going forward. and let's take a look at the markets we'll start with oil prices there are mixed this hour follow a rebound in the euro and in the stock markets the international energy agency cut its estimate for demand growth and some of its supply expectations. in the u.s. markets are trading in positive territory the dow is up point four percent while the nasdaq is adding over a one percent so that's once in europe investors there are concerned by the weakness of the global economy markets there are closed in positive territory of the bank some on the top performers and that was following heavy losses in the previous session. and here in russia markets bounced back from earlier losses and ended the trading session in the black as well both the r.t.s. and the my sex added point three percent so let's take a look at some of the movers on the my sax most energy majors were down despite the

strong crude bucking the trend was normal skin eckel of the company's board has approved the terms of a new share of buyback it's ready to spend the four point five billion dollars to buy a seven point seven percent stake from minority shareholders also roussel says it's ready to discuss the sale of its twenty five percent stake in north pole if the price is right. all a giant gas from nafta is for a parent deal which could lessen fears that russia will be locked out of libya are following in the revolution gas from sources say the company will proceed with its plan to develop and oil rich official field rather cold elephants last year agreed to buy one third of the project from italy's annie for one hundred sixty three million dollars there had been concerns russian firms could suffer from moscow's slow recognition of the rebel governments in libya. and time now for an r.t.

business exclusive the c.e.o. over and on the sun carlos costs and says his company will soon take a majority stake in after the us it currently owns twenty five percent of russia's top carmaker and the goetia asians to buy more are progressing well the reason the we should hopefully not be very far from a conclusion i would say it's a question of monsters i can tell you that russia will become the largest market in europe first in consequence one of the largest producers we're seeing capacity in russia being be everywhere through rehabilitation of existing capacity like of like ores to building new plants so i think the future of the car industry in russia is very strong and practically all governments which are already russia and they're all investing in russia and the demand in russia is picking up through the development of the economy so i'm very bullish on the russian market. now it's all the business news for now for more so as you can always check out our websites r.t.

dot com slash business but in the meantime stay tuned for the headlines with bell.

just. the official allocation. from the. video. feed.

com. live from our studios here in central moscow this is our time now to talk to you on the news stories in the u.s. and rumania signed a strategic defense pact that will now formally authorize the deployment of ballistic missile interceptors in romania moscow. legal guarantees that the nato system will not be aimed at russia. germany attempts to calm fears over greece's potential default by urging members of the eurozone to stick together that stormy skies are looming over europe as debt stricken italy turns to the orient's for help. transitional forces have given residents of the proceeds gadhafi strongholds two days to leave. it for me for the moment i'll be back with more news in half an hour.