israelis are points for not moving fast enough the credit ratings giant leaves in space and bell is probably the ability. partners are left wondering who's next. israel's call for peace could prove to be a cause for conflict as it reinforces its borders both thought the palestinian bid for a seat at the u.n. . and the melting point. of boil over as the president and german counterpart over joining the e.u. but in broods over its future demographic it's.

very warm welcome to you this is r.t. live from moscow it is it taking a beating from a ratings a giant standard and poor's downgraded the country's score by one notch and since its growth outlook is negative two prime minister silvio berlusconi criticized the decision as being the result of media hype and was out of touch with reality or less and said it's conclusion was driven by it he's poor economic growth and concern over a means of believes he to cut spending despite the recently approved the budget downgrade has italy's borrowing costs and the threat of contagion is once again hung over the entire year zone over in greece the e.u. and the i.m.f. have given the struggling as state a final warning to ramp up budget cuts if it wants to avoid going bankrupt early next month eurozone leaders are already holding back until october before deciding on whether to release the next eight billion euro bailout traunch to athens british

any believes as the economy of the whole region is going down the drain. what is the most frightening thing the most terrifying thing is almost nobody here really understands the sort of danger the global economy is now in it's extremely frightening we have a bankrupt country is we have a european central bank which is underwriting john sovereign debt with taxpayers' money and this is exactly the sort of problems we had in two thousand and eight with lehman brothers portugal's broke greece's broken nose broke spain's broke. the french are talking good story but if you look at the numbers the french are in no better position it's a frail currency project fear currency is appalling across the world and i'm a little bit surprised it's taken so long. for italian bonds to be downgraded and i tell you something else if i may this is been a political project from the beginning and i would have the people responsible

incarcerated in jail at this very moment the euro has been about politics since the very beginning the e.c.b. years of it was no lender of last resort except the taxpayer and the taxpayer is already rebelling they simply can't go warm this project has no political democratic mandate it is doomed to and didn't is it's just a question of exactly when before christmas or after christmas when i really saw how the world markets if they could at least downgrade for media and for scale. hasn't really been instant panic following s. and p's need has that not at all alice while the markets are reacting quite positively the european markets are on the rise despite center and pulls downgrade of italy's debt rating well to say that's easily stand might be index rose one point four percent in the past hour but it's now down power to three and a half cents germany's debts is rallying two percent and the through c. is on the rise one percent but if we talk about russia here the indices are

reacting positively tracking overseas gains and the artist in the my six keening strongly about one percent. on the high oil prices after monday's heavy losses well analysts say parts of sentiment is juju inverses bargain hunting so there is a lot of liquidity on the markets now so investors are still very cautious though there are inverses of course who are trying to. popping up in the turmoil well the overall sentiment is of course negative italy is the third largest economy and definitely we can see the consequences in the long term in the medium term what we get a very deep of the direction the german economic data later out today and of course the fed interest rate meeting which tends to morrow and in about ten minutes we'll bring you the latest analysis in our business program. ok

across the atlantic now president obama has outlined a plan to revive america's economy with the wallets of the wealthy. focuses on businesses around the richest americans who are expected to pay more tax hikes are calculated to bring about a plan three trillion dollars which need to be saved over the next ten years i had explicitly promised to veto any debt reduction education that cut welfare benefits if you didn't also include tax hikes at the higher but his rival republicans describe the president's approach as class warfare which will not create jobs libertarian economists and the rockwell believes the plan targets the wrong people . we're getting poorer and it's absolutely true the government connected rich are getting richer so what do we do about that do we punish businessmen who are creating jobs and creating wealth and making things better or do we take some of the stolen goods away from the people in washington away from the oligarchy away

from the ruling class i think that's what we have to concentrate on not where the guys at the top which you borrow obama is working for against soros and put in these kinds of guys not let them try to focus our attention on hating the guts of a guy who wants a bunch of a subway sandwich shops he's not the problem is the solution it's the bankers and all the people who got rich wall street of military industrial complex big pharma and it's these kinds of arms of the corporate state that are getting rich far too rich and you know they need to be cut back cutting back cut back government that's what we need to do. like all of us he wrote all of our outlining the shortcomings he sees in his death that's causing. israel's offering direct talks with the palestinian leadership in new york just forty eight hours a day before president abbas appeals to states and recognition at the u.n. but he's not being spayed by israel's intense diplomacy efforts all the u.s.

which also that pays its promises to the senate can i reports from new york. russian foreign minister sergei lavrov filled an urgent meeting with u.s. secretary of state hillary clinton now members of the delegation are telling us that even though this is a closed door meeting the assumption is that lavrov and clinton were negotiating the future of talks on the israeli palestinian lucian ships a palestinian bid for statehood at the united nations security council is really stealing the show this year we know that palestinian leader mahmoud abbas is expected to present palestine's bid for recognize statehood to the u.n. secretary general ban ki moon in the next days to come and this is something that we know israel in the united states are really not fever and they have been calling for the whole to negotiations between israel and palestine to kick start again on a bilateral level this is something that palestine has already seems to be tired of so it is taking these specific actions to try to get its recognized within the

within the international community so when extremely busy week lies ahead at the united nations of course often the highlights of the week become speeches of world leaders addressing the general assembly hall and this year is promising to be no exception if only these walls could talk. into a pumped up wow factor and center stage drama would be their story every year for about ten days the united nations becomes a mecca for world leaders of a confrontational to the surprising to be outright wacky u.n. jeep pilgrimage never fails to impress what happens right here becomes a mirror image of what an engaging game politics over one hundred nineteen members make up the general assembly to get attention leaders have to get creative if you want a lot of the tension and you could try to like streak the united nations nobody nobody has come in but naked with a gold on their back i mean so far none of this has happened but i wouldn't rule it

out in the future that's one of few tricks. that have not been performed here yet i think the one that i remember the most i mean there was a kid i think with who i guess will never be back here again so it becomes memorable becomes a collector's item now his long speech and carrying out tearing up the u.n. charter and falling asleep so we have just taken your course you are a core. you are. not to be discovered the constitution of course the record holder for speech like an indian envoy in the fifty's and nobody remembers what he said but they remember that he went on for eight and a half hours exhausted a diplomat collapsed at the podium only to return and carry on the un is really owned it's owned by its member states so it's not really anyone's role to you know becoming a westerner into grabs you know you've got to when they're up there they can go as long as they want they can also see whatever they want and accusations often go flying towards the u.s.

yes even then ok. you. raise here and it's made as a sefer still today and from the us the greatest obstacle to this future is that you're rulers have chosen to deny you liberty and the media obsessed with creating legends out of these performances. clad carla bruni becoming a headliner for the simple act of showing up to starve your leader nikita who sure run the allegedly banging his shoe against the quality of a grave for colonial slavery it should be very good people the better half a century later the story is rumored to be a feverish time on tourists visiting the un the summit leader so on says the episode is a legend as the shoe banging is never captured on video. over the media over the. you can believe in me. to showcase work as deeds officials pull out so-called

facts spring accusations backed up by wooden seal. they need to invade iraq nonexistent weapons of mass destruction well we're giving you our faction conclusions based on solid intelligence the key players come and go as. it was you have the firm for once. and just so you would. do you would have fierceness clearly not for into this international political stage drama year after year is the number one guest to r.s.v.p. and says you are too. maybe appeals for talks in your back in the west bank israeli settlers and defense forces are gearing up for the fallout from palestinian aspirations for sovereignty. in support and against the

new you are in the work the land mines are being planted along the border clears morning creasing tense atmosphere. there's a growing sense of isolation among israelis for months they simply named it and else the timber is here and with it the ease and uncertainty about what to do when palestinians ask the united nations to recognize a state i think the responsible thing to do from the idea of point of view is to prepare for any eventuality prepare for the worst case scenario and hope it doesn't happen the worst case scenario is violence there's even talk of a food into fodder the israeli army has been preparing for months beefing up security on station minutes and planting new land mines along israel's northern borders but many complain these measures go too far well they are going to work mines. it's more going for. the program the last thing tel aviv once is

a repeat of the chaos at its borders three months ago when hundreds of demonstrators stormed the israeli syrian border in a show of sympathy for the palestinians twenty protesters were killed by israeli fire the area is littered with mines and added danger to those clamoring with the minds of not necessarily a very to do with people who have peaceful intentions but minds are a legitimate form of the fence many countries have mines on their borders for that reason in one of its internal magazines israeli army said it was planting new mines in the area as a deterrent against any future demonstrations that might take place plans are expected to surge forward and palestinians put forward a case at the united nations the army refused our requests for an interview the most they gave us was an e-mail was sponsored in which they said they were performing ongoing situation to systematize and doing everything required in order to ensure that the gaily with teen and security and israel's and northern borders was maintained but it wasn't security there toward the right half of solid body he

lost a neg a hand and an eye when he picked up a mine when he was thirteen years old. also you saw what happened from the view and sometimes. it was. because of the. hole we continue to live for he how. he got little sympathy from the israeli government that there planed him for being in an area infamous for mines but instead of hate and anger sally wants his misfortune to be a warning to others and is now dreading what will happen if thousands of people surged towards the borders later this week probably feel very very very sad because i know. my own son. just to just. give flowers or a good life for the people it's nine months since the arab spring began and his

palestinians lobby the united nations the last of the region's old certainties are being swept away but fears in the region are growing that what happens in new york streets for the next middle east crisis policy r t israel. still ahead this hour we'll vote for the friends of levy to see the colonel can't shift it emerges that the french president nicolas sarkozy provided good duffy with a getaway car we've got the details ahead. in the european human rights courts ruled that russia acted within the law when it launched attacks abroad probe against the now defunct oil giant you cost the verdict states there are no indications the case was politically motivated but judges also found that between two thousand and two thousand and one mosque a rush the proceedings leaving the company with little time for parents the parents

the freezing of assets like you cause with no ability to operate causing it's a venture will collapse because which was once headed by jail time. demanded always one hundred billion dollars in damages but the court says it needs more evidence from both parties before ruling on that plane. a quick look now at some other international news this hour an explosion has rocked the capital killing three and injuring at least fifteen people officials say a bomb was planted in a vehicle in downtown ankara well i witnesses claim to have seen a burning canister through it a parked cars from any of my building there the cause of the blast remains unclear turkey is no stranger to the threat of terrorism kurdish separatists have recently intensified their attack from a country killing over forty times past month. street fighting has escalated in the yemeni capital as pro-government forces shot dead nine more people in a third day of violence the total number of victims since sunday has now risen to sixteen

including of four children the crackdown in sanaa follows reports that the country's vice president could sign an initiative arranging the transfer of power as on the protesters have been calling for months. a rule banning open arms sexuality in the u.s. armed forces has been lifted after nearly two decades but policy known as don't ask don't tell was introduced in one thousand nine hundred three clinton administration under the law gay men and women could only serve in the american military if they kept their sexuality as secret service for gay rights and equality describe the new rules repeal as a significant breakthrough. multiculturalism is increasingly rattling the nerves of e.u. citizens and turkey's plans to join is a worry for germany right now that you are having top level talks and berlin because germany wants to hold turkey back from being a full member which would allow the free flow of immigrants reports it's

a demographic dialogue ethnically diverse country. it's the end of school for thirteen year old monica college in frankfurt germany. his grandparents escaped from morocco in the one nine hundred seventy s. joining a largely white german society his mother najah grew up here and she's seen things change but we have to tell. everything was perfect here like that we're an immigrant let down there i'd like for my son was born as a after five years and i feel like things happen in the politics not just problems are at least partly down to a massive demographic change statistics show that the overall population of young people in germany has fallen by two million in the past decade or so you cannot make a situation also the population will increase so. their families

for. not have as much children those we need increasingly wealthy germans see raising children whilst holding down jobs as a waste of time and money the only parts of the population that are growing by immigrant communities the changes in culture and ethnicity leaving some germans feeling threatened the islamic leaders forty years law make model of society that is very different from the democratic chairman one thing we find that islam prevents people from properly integrating into germany for instance if we see ten year old girls being sent to school. we can already put it into villainize. too late say immigrant communities arguing about immigration now is outdated and may even border on racism here where still have a discussion about his that you know we are like the middle age. and with a serious labor shortage looming experts say germany needs all the workers it can

get. so you. for demographic problems they need people so you all need. islamic people these teenagers from poor immigrant backgrounds are being most from the new education program great start which helps them with money and support the final school exams believe. is poorer than others my family was discriminated against it was a very difficult time for me now without warning so much about money i can focus on my studies and graduate from school. to do a graphic future of germany's difficult project but if programs like this one they could help germany accept these students as part of its multi-ethnic feature the changes in germany's population and the debate surrounding them would take many

years to play out but life goes on and by the time these teenagers have children of their own it seems likely the face of society here could look rather different tom watson artsy points. looking for more exciting information to check out all of the recent news video is available on our website ulti dot com here's a snapshot. right now not all countries fear the bailout cash china is giving a helping hand to deep in debt valerie's to find out the terms and conditions that at our website r.t. dot com. and a little advice for fans of the red hot chili peppers internet piracy doesn't pay a man in the us has been hit with a sixty eight housing dollars by illegal file sharing payout we just take off the ice find out how much you sound log on to our web site. let's cross to libya now where antique is afy forces claim they'll cross the remaining

resistance of the supporters within the coming days but while progress is. slowed by constantly shifting battle lines another kind of conflict ruling body the national transitional council is having trouble forming a new cabinet disagreements among its members meanwhile in the latest twist in the libyan revolt it transpired that can all get done you could have made his recent escape from tripoli in an armored vehicle reports in the british press came his mercedes pulled by four was provided by the french president nicolas sarkozy in two thousand and seven journalist. danny says revelation shot a different leadership. it's equipped with a. system which allows colonel gadhafi to keep in touch with his forces but it also equipped with an tracking system which makes it impossible for nato surveillance to pick up any signals and indeed to locate and target the car so it's

indeed quite ironic and indeed embarrassing for the french government the deal was struck in two thousand and seven when president sarkozy was then interior minister before that before he became president a few months later and as soon as he became president he received a colonel gadhafi himself in paris for a five day state visit presence or because he was able to sell him this armored vehicle the mercy of his car for go for and indeed part of the deal is a twenty five million plus package which also provides the libyan government with means to keep tabs on oppositions by controlling the e-mail system of dissidents these revelations come in the wake of a triumphant visit lately by president sarkozy in libya where he was very much depicted in the french press as the liberator of libya he was nicknamed the libyan and his war was nicknamed sarkozy's war he was portrayed as the savior of libya

while at the same time of course his the one who probably the most to. gadhafi in arms as anybody else so these are hugely embarrassing revelations for western countries involved in this military adventure in libya and however to look at it it's very hard to believe that they are getting involved militarily out of the goodness of their hearts but of course as we've seen lately there was a press conference held where business interests were discussed and the whole purpose of that meeting was of course to make the military adventure worthwhile and to discuss business of trinity's involving the rebuilding of libya with energy companies from britain and france in a very good position to get very lucrative business deals in post gadhafi libya. later in the program we'll be showing our special interview with one of the advisers to the palestinian leader who says that the u.n. membership is not the end game but. because of things you.

hello and a very warm welcome to the business update the russian ruble continues to retreat against the main choruses it has the lowest low against the dollar in turn once the central bank says the value of a free floating ruble will be decided by the market. removing the ability to the question begs to be so there are no gods in the shade tree so you're going to be in the forces of god the modern the most of those you just. saw that your doing it was sure you should know who had to live with you if you know how that you could be judicious with all the action. that sort of look at the markets now world prices bounced back from losses and critters sessions how the escalating fears all the eurozone debt crisis continue to stoke concerns over demand rights which is currently trading at around eighty six dollars per barrel branches that one hundred

ten dollars per barrel. and european markets a trend trading on a positive note they seem to have ignored standard and poor's downgrade of return is that raising the bullish sentiment is supported by speculation greece could receive the next eight tranche from international creditors. from the russian markets also up tracking those gains overseas the r.t.s. is gaining point four percent while the mice it's up under two percent the site let's sort of look at some of the individual share moves on the might six spare bankers on the rise and speculation it might increase the amount of shares to be converted into receipts tricity sector is also an impulse of chartres russia is continuing gives up toward for profit and almost sixty percent increase in its net profit for the first half of the here and dixie retail is among the game us in the sector the company's first profit has jumped more than full for old as its complete stand its network. plans to ship russia's syllabi machinery investing

more than one hundred fifty million dollars in constructing a plant in st petersburg to make power transformers it won't be ready in two years and a third of production will be exported. and also in the news germany's siemens as question its nuclear joint venture with the russian energy corp. the engineering giant says it is now going to focus on alternative energy. two years ago the companies agreed to jointly build new generation nuclear reactors they expected to construct four hundred plants by twenty thousand requiring a total investment of more than one trillion euros but following the results as soon as decided to phase out its nuclear power business the collapse of the tie up was put on hold while saddam's ambitions to extend its international reach. russia's beyond it has expanded with the turkish version of its search engine so

it's all in turkish and in office in istanbul this is the first time gallaudet's has entered a nonprofit speaking market the company is and was some tough competition as google already house of virtual monopoly on the search market in turkey. that wraps up the business boardroom for more stories you can head to our website com slash business . all.

in the faraway land. where human life is ruled by nature. the distant past of kind of birth is scarcely deserved by the clear. position of those lie hidden in the deep permafrost. and for those who deal with them restored times are still not sure. if.