include god to a point for not moving fast enough a credit ratings giant loses faith in bella's gaining ability while his eurozone partners are left wondering who's next. israel maintains its position over the palestinian bid for a seat at the view read while flexing its military muscle by arming up and reinforcing the borders. of the melting pot that could boil over as the turkish president meets his german accounts of passover joining the e.u. group so its future demographics. the russian ruble continues to retreat against the main courses dropping to its lowest level against figures dollar in ten months more in business about twenty minutes.

a very warm welcome to you this is r.t. live from moscow our top story now if he's taken the scene for ratings giant standard and poor's which downgraded the country's school by one knots and says its growth outlook is negative t will prime minister silvio berlusconi criticised the decision as being the result of media hype and was out of touch with reality well their s.n.p. said it was driven by if you use poor growth and concern over rome's ability to reduce spending despite the budget cuts it's just approved it's at least boring cos with the threat of contagion once again hanging over the entire usa over in greece the e.u. and the i.m.f. have issued a final warning to ramp up budget cuts if it wants to avoid going bankrupt very.

soon the euro zone leaders are already holding back the next eight billion euro bailout decision until taper let's get a view from berlin now and financial writer it's a build. joining us here lastly mr vaile now is this downgrade a kick in the teeth irrepairable for italy. i don't think it's a repairable and it certainly is a kick in the teeth after all what. i truly can saying is something that economists to be mourning about for a long time which is that italy has an enormous debt i mean it's one hundred twenty percent of its g.d.p. that's the accumulated debt and if you simply work it out six percent of that is an enormous amount for italy to find interest payments every year and the likelihood is that that is going up and if the country is not growing then of course it is going to be an even greater difficulty in repaying its debt that's a reason for saying there is some doubt it is still after all still an

a grating not an a plus rating but in a grating there is still some doubt about the ability the ability of italy and long term. taking the worst case scenario here with the eurozone already deep in debt what would happen if its third largest economy italy needs a bailout. well if it needs a bailout it will have to be a very very large one and at the moment the rest of the eurozone is certainly not in a position to do that that's quite putting aside the politics as to whether the rest of the eurozone would be prepared to make the funds available that would be required for an italian bailout we'd be talking about trillions not billions but trillions of euro's of course if it's really actually look to be in any danger of collapse all of those doubts about whether it's wise to go on putting money into the weaker southern economies the so-called peripheral economies of the euro zone i

think a lot of those doubts on the one hand he put aside but at the same time the politics would become absolutely unbearable and probably in germany above all there is already a lot of doubt as to whether one should go on pouring money into into the grease people see that as sort of a bottomless pit if italy were to be deemed to be in the same position it isn't yet undoubtably there would also be a lot of political doubts not perhaps within the government but certainly amongst members of the government and in the public about whether it was a wise thing to go on putting that money here or you mention greece there that's focused on that country now ratings giant its is just come out to say that happens we'll probably default but will be kept inside the euro if a country goes under if there it's hard to take the euro with it. well the real problem is what it dials to the holders of greek debt now if they are forced to

take what is called a haircut in other words get only eighty cents or sixty cents or fifty cents back on the euro that they have lent well that's certainly a major loss and unless the banks are helped by either of the governments what is called recapitalize father would have given new money or lent you money in order to beef up their capital base then of course there would be serious doubts about the credit worthiness of the banks and values really i think what governments are most worried about because if the banks are seen to fail if they're not prepared to learn to each other then we have another we have a repeat of the credit crunch where if banks don't lend to each other they also can't lend to businesses and that is what then leads to recession or possibly even the pression so i think what would happen vent is that governments would make sure as best they can but the banks of the east are given new capital the real problem

is with the sort of jet nobody knows in me and really where the buck stops because it's very difficult to trace who actually holds that debt and even if you can trace that there are then insurance companies that in a sense have insured the banks against do you thought were very could actually afford to pay out if the default or for worst case scenario came to pass whether they could afford to pay out is another post and again again putting doubts in the minds of investors in the minds of certainly of bondholders as to whether it's worth going on holding ok these bills financial wise how many banks speaking to us here on our c. israel's offering direct talks with the palestinian leadership in just forty eight hours or so before president about appeals for think that recognition or happy u.n. but he's not been. swayed by israel's intense diplomatic efforts over the u.s. which also opposes the ban on promises. reports now from new york russian foreign

minister sergei lavrov filled an urgent meeting with the 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 leaderships 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 is already seems to be tired 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 with a confrontational to the surprising to the out right blocking the un pilgrimage never fails to impress what happens right here becomes a mirror image of what an engaging game politics can be over a hundred and ninety members make up the general assembly to get attention leaders have to get creative if you want a lot of the tension you could try to like street. come in but naked with the 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 that one that i remember the most i mean there was a kid i think with who i guess will never be back again so this becomes memorable becomes it's a collector's item now his long speech are tearing up tearing up the u.n. charter and falling asleep so we have just taken your course you're. core. you are trying to get out because of the constitution the concept of the record holder for speech like an indian envoy in the fifty's nobody remembers what he said but they remember that he went on for eight and a half hours exhausted but they put him at collapsed at the podium only to return and carry on the un is really owned it's owned by its member states it's not really anyone's role to you know become a western and 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 us yesterday even then ok.

thank you. to the right here and it's necessary for still today and from the us the greatest obstacle to this future is that your rulers are chosen to deny you liberty and the media obsessed with creating legends out of bill's performances from sheikh replied carla bruni becoming a headliner for the simple act of showing off to saad your leader nikita who sure right the legend banging his shoe against the podium leaving a grave for colonial slavery that should be buried and people the better half a century leader the story is rumored to be a feverish time on tourists visiting the un it's a good leader simon says the episode is a legend as the should bang is never captured on video. over the media you. are all. you can believe in me. to showcase word as deed officials pull out so-called

facts scoring accusations backed up by with. the need to invade iraq right nonexistent weapons of mass destruction but we're giving you our faction conclusions based on solid intelligence the key players and girl who. it was you have the. good 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 r.t. . but there may be appeals for talks in new york put back in the west bank israeli settlers in defense forces are gearing up for fallout from palestinian aspirations the sovereignty and asset marches both in support and against the move are in the works and land mines are being planted are along the border policy has more on the

increasingly tense atmosphere. there's a growing sense of isolation and money's release for months they simply named it september and nasa kimber is here and with it the ease and uncertainty about what to do when palestinians ask the united nations to recognize the state but 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 is even talk of a food into fodder the israeli army has been preparing for months beefing up security on stage women's and planting new land mines along israel's northern borders but many complain these missions go too for you know there are going to. be it's more come for. the last thing to live it 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 live the mines of this is a really very to deal with people who have peaceful intentions but minds are a legitimate form of defense many countries have mines on their borders for that reason in one of its internal magazines the israeli army said it was planting new mines in the area as a deterrent against any future demonstrations that might take place crowds are expected to surge forward when palestinians put forward their case at the united nations and the army refused our request for an interview the most they give us was an e-mail response in which they said they were performing ongoing situation to spaceman's and doing everything required in order to ensure that their daily routine and security on israel's northern borders was maintained that it wasn't security there toward the right half of salad bars body he must a meg

a hand and an eye when you picked up a mine when he was thirteen years old. also you saw what power of the you and sometimes. it was. because. the whole we continue to live for he. he got a little sympathy from the israeli government and their planes 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. because they are in or. brahms armed. just to. give flowers or would live for the people it's nine months since the arab spring

began and as palestinians lobby the united nations the last of the region's all certainties are being swept away the fears in the region are growing that what happens in new york will set the stage for the next middle east crisis paula see r t israel still ahead this hour wheels down the with friends of libya you see the colonel counted it emerges that the french president nicolas sarkozy provided get out the with the getaway car because the details the heads. the european human rights court ruled that russia acted within the law when it launched a time sport probe against the now defunct ordeyne you cos. that there are no indications that the case was politically motivated by charges also found that between two thousand and two thousand and one of moscow russia the proceedings leaving the company with little time for paris defense the freezing of his assets refuge costs with no ability to operate causing intervention collapse you cos which

was once headed by jail tycoon mikhail. kosky demanded always one hundred billion dollars in damages the court says it needs more evidence from both parties before ruling on that claim. so for a quick check on some other international news now and an explosion has rocked the turkish capital killing three and injuring at least fifteen people officials say a bomb was planted in a vehicle in downtown and career while i witnesses claim to have seen a burning canister through a part caused from a nearby building though the cause of the blast remains unclear turkey is no stranger to the threat of terrorism kurdish separatists have recently intensified their attacks in the country killing over forty turks in the past few months. street fighting has escalated in the yemeni capital as pro-government forces shot dead nine more people in a third wave of renewed violence number of victims since sunday has now risen to the sixteen clued in four children the crackdown in our follows reports the

country's president could sign an initiative arranging the transfer of power something protesters have been calling for for months. a rule banning open arms sexuality in the us armed forces has been lifted nearly decades after nearly two decades rather the policy known as don't ask don't tell was introduced in ninety ninety three during the clinton administration under the law gay men and women could only serve in the american military if they kept their sexuality a secret activists for gay rights and equality described the laws repeal as a significant breakthrough. multiculturalism is increasing rattling the citizens and turkey's plans to join is a worry for germany right now but you're having top level talks in berlin because germany wants to hold back from being a full member which would allow the free flow of immigrants and its own barden report demographic dynamically europe's ethnically diverse country. it's the end of

school for thirteen year old malik college in frankfurt germany. his grandparents escape from morocco in the one nine hundred seventy s. printing a largely white german society his mother in archer grew up here and she's seen things change but we had a time where everything was perfect that we don't hear that but we are immigrants and their parents there i'd like them for my so i was born as a after five years then i feel like something's happened and 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 of so you cannot make a situation also of population. increase so. families for. not have as much children as 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 immigrant communities the changes in culture in the city are leaving some germans feeling threatened the islamic leaders forty years law make model of society that is very different from the democratic german money we find that islam prevents people from properly integrating into germany for instance if we see ten year old girls being sent to school with head scarves we can already put it in the bill at midnight. too late say immigrant communities arguing about immigration now is outdated and may even border on racism here we're still have a discussion about his that you know we are like middle age. and with a serious labor shortage looming experts say germany needs all the workers it can

get a solution for. problems we need. see all. these teenagers from poor backgrounds being mostly education program. which helps them with money and supports towards the final school exams but if programs like this work they could help germany accept the students as part of its multi-ethnic chip the changes in germany's population and the debate surrounding them will take many years to play out but life goes on and by the time these teenagers have children and it seems likely the face of society here could look rather different from watson artsy markets. looking for more exciting information to check out all of the recent news and videos available on our website our home and here's a snapshot of what we've got online not all fun the offer of

a foreign bailout cash which china is giving a helping hand to deep in debt. to find out the terms and conditions on websites. and eventually advice of fans of the red hot chili peppers internet piracy doesn't pay a man in the u.s. has been hit with a sixty eight thousand dollar fine for illegal file sharing but this payout could be just the tip of the iceberg to find out how much. log on to our website. it. forces a claim crunch the remaining resistance of the supporters within the coming days but while progress is slow by constantly shifting battle lines another kind of conflict libya's new ruling body the national transitional council having trouble forming a new cabinet due to disagreements among its members meanwhile in the latest twist in the libyan revolt it transpires that colonel gadhafi could have made his recent

escape tripoli in there. called report in the british press it came in the city's four by four was provided by the french president nicolas sarkozy in two thousand and seven journalist and a political analysts and danny says the revelation cast a shadow over the french leadership. it's equipped with. a system which allows colonel gadhafi to keep in touch with his forces but it's also equipped with and keep 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's before he became president a few months later and as soon as he became president he received an orchid of himself in paris for

a five day state visit presence or because he was able to sell him this armored vehicle cds carful by thought and indeed us 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 decisions these revelations come in the way of a triumphant visit lately by president sarkozy in libya where he was very much depicted in the french press as the liberate of libya he was nicknamed sarkozy the libyan and he was nicknamed. he was portrayed as the savior of libya while at the same time of course his the one who did probably the most to get gadhafi in arms as anybody else. and later this hour a charismatic polish economist shares his idea of shock therapy which owned in the reputation as the better film in the european union but before that let's get a business update with you here.

thanks allison very welcome to the business program the russian ruble continues to retreat against the main currencies it has made the lowest level against the u.s. dollar in ten months the central bank says the value of a free floating ruble will be decided by the market. we knew very early we appreciate it mission very sure that the show there is no god it's an industry trade show you know you're not going anywhere there's a blog about them that most of those you can hear her say that you know it was she should believe it even though if they did have it be good but units were bold the edge. let's have a look at the markets not world prices bounced back from losses in previous sessions with the escalating fears of eurozone debt crisis continue to stoke concerns over tomorrow and lights which is currently trading at around eighty six dollars per barrel while grant is at one hundred ten dollars. european markets are

trading on opposed to no they seem to have ignored steps and calls downgrade of return is that raising good or sentiment is supported by speculation greece could receive the next eight tranche from international creditors the debts is not on the two percent even as the nation's investor confidence fell to its lowest level in more than two and a half years of september. the russian markets also tracking all of tracking those gains overseas the r.t.s. is gaining point four percent while the my six is up one point six percent let's look at some of the individual share moves in the my six energy majors are trading strongly in the black person after more than two percent financials also in positive territory spirit wrong because on the rise of speculation it might increase the amount of shares to be converted into calls to receipts to sirius among forgiveness in retail sector the company's net profit has jumped more than four fold is that significant expand its network. and all the news to calls for

free but russia syllabary machine they are investing more than one hundred fifty million dollars in construction a plant in st petersburg to make college transformers it will be ready in two years and a third of the production will be exported. germany's cmos is quitting its nuclear joint venture with the russian energy corporation. the engineer. john 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 thirty requiring a total investment of more than one trillion euros but following the fukushima disaster seumas decided to phase out its nuclear power business the claps of the time could put on hold while softens and pushes to extend his international reach. russia's yonder ex has expanded with the talk especially of a search engine it's opened the web portal in turkish out an office it istanbul

this is the first time that has entered the north russian speaking market the company is in full sun tough competition as google already has of portugal monopoly of the search market in turkey. well high consumer confidence and cheap loans have given a boost consuls in russia swedish order to make a volvo says it's heading for a long and sustainable growth in the market with sales up thirty seventy three percent this year i'm expecting growth in your three market around the twenty percent mark and i'd expect us to be growing slightly ahead not significantly ahead probably twenty five to thirty percent ahead for next year it's more europe consolidation for us two thousand and twelve with at least in russia no major border war but i think you know we're building on a very successful launch or a sixty very successful launch two years ago actually sixty. that wraps up the business portion for most stores you can have told website argued dot com slash

business. if. you.

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