a very warm welcome to you this is our see live from moscow our top story now if he's taken a beating from ratings giant standard and poor's downgraded the country's score by one notch and says its growth outlook is negative t will prime minister silvio berlusconi criticized the decision as being their result of media hype and was out of touch with reality well their s. and p. said it was driven by italy's 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 euro zone leaders are already holding back the next eight billion euro bailout decision until taper does he have a view from berlin now on financial writer it's

a failed many things is joining us here in our scheme is a bill that is this downgrade the kick in the teeth that could prove irrepairable for italy. i don't think it's a repairable only it certainly is a kick in the teeth after all. 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 it 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 the reason for saying there is some doubt it is still after all still a grating. if there is still some doubt about the ability the ability of italy long term to repay its debt 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 euros of course if italy actually looked to be in any danger of collapse then all of those doubts about whether it's wise to go on putting money into the weaker southern economies of peru so-called peripheral economies of the euro zone i think a lot of those doubts would on the one hand be put aside but at the same time the politics would become absolutely very probably in germany above all there is

already a lot of doubt as to whether one should go on pouring money into into greece people see that as a sort of a bottomless pit and if it's really were to be deemed to be in the same position we didn't get down should be 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 where you mention greece there let's focus on that country now ratings john if it is just come out to say that happens we'll probably default but will be kept inside the euro if the country goes under is there a chance it could take the euro with it. well the real problem is what it does 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

a major loss and unless the banks are helped by their own governments what is called recapitalize in other words given new money. 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 seem to fail 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 deep pression so i think what would happen very soon is that governments would make sure as best they can that their banks at least are given new capital the real problem is with the sort of debt nobody knows in the end 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 a do you fault with a very quick 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 question again again putting doubts in the minds of investors in the minds of certainly of bondholders as to whether it's worth going on the hold of. these bills financial rise how many thanks for speaking to us here on our c. israel's offering direct talks with the palestinian leadership in new york just forty eight hours or so before president appeals for statehood recognition at the u.n. but is not being swayed by israel's intense diplomatic efforts all the u.s. which also opposes the beds and promises to veto it and as it again i reports now from new york russian foreign minister sergei lavrov held 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 are taught. in. really palestinian relationships 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 and the united states are really not favoring they have been calling for the halted 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 state recognized within the within the international community so an 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 from the confrontational to the surprising to the outright the u.n. she pilgrimage never fails to impress what happens right here becomes a mirror image of what i mean gauging game politics over one hundred in one thousand 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 streak the united nations nobody yet nobody has 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 a few tricks that have not been performed here yet i think the one that i remember the most in there was the witch who i guess will never be back here again so it's

becomes memorable becomes it's a collector's item now his long speech of tearing up tearing up the u.n. charter and falling asleep so we're just record your corn you're out of corn. you are my current should not be discouraged the constitution comes on the record holder for speech length and indian and voice in the fifty's nobody remembers what he said but they remember that he went on for eight and a half hours exhausted the diplomat collapsed at the podium only to return and carry on the u.n. is really owned it's owned by its member states so it's not really anyone's role to you know be kanye west 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 u.s. yes then i came here. to right here and it's made as a sapphire still today and from the u.s. the greatest obstacle to this future is that your rulers have chosen to deny you

liberty and the media obsessed with creating legends out of these performances people who have firm she could clad carla bruni becoming a headliner for the simple act of showing up to sob yet leader nikita khrushchev's right there legibly banging his shoe against the podium a grave for colonial slavery that should be buried deep the better half a century later the story is rumored to be a favorite among tourists visiting the u.n. the soviet leader so on says the episode is a legend as the shoe banging is never captured on video push through the. media over the. whole. that you can believe in me. to showcase word as deed officials pull out so-called facts sparring accusations backed up by wooden seal. the need to invade iraq by nonexistent weapons of mass destruction but we're giving you our faction

conclusions based on solid intelligence the key players come and go who. it was you have the firm for once. and just do so who are to your team and. deal with the 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. new york. well there may be appeals for talks in new york but back in the west bank israeli settlers in defense forces are gearing up for a fall out from palestinian aspirations the suffering mass of martyrs both in support and against the move are in the works and land mines are being planted a longer border policy has more on the increasingly tense atmosphere. there's a growing sense of isolation among israelis for months they simply named it and now

september is here and with it the ease and uncertainty about what to do when palestinians are still united nations to recognize the state i think the responsible thing to do from the idea of sport interview 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 settlements and planting new land mines along israel's northern borders but many complain these measures go too far out of trying to myron's but. maybe it's more come forth. 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 the mines

are not necessarily very to do with people who have peaceful intentions but mines are a legitimate form of the fence 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 the army refused of request for an interview the most they gave us was an e-mail response in which they said they were performing ongoing situation assessments and doing everything required in order to ensure that the daily routine and security on israel's northern borders was maintained but it wasn't security that tore off the right half of salad bars body he lost in leg a hand and an eye when he picked up a mine when he was thirteen years old. or so what happened with you and sometimes. it was.

because if you. continue to live he. he got a little sympathy from the israeli government that blamed 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 i know or. just just. flowers or would live for it's nine months since the arab spring began and as 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 will sit the stage

for the next middle east crisis. r t israel still ahead this hour we'll be with friends of libya to see the colonel it emerges that the french president nicolas sarkozy provided get out the with the getaway car we've got the details ahead. the european human rights court ruled that russia acted within the law when it launched attacks forward probe against the now defunct oil giant you cos the verdict states that there are no indications that the case was politically motivated but judges also found that between two thousand and two thousand and one at moscow russia the proceedings leaving the company with little time to prepare its defense the freezing of its assets nephew cost with no ability to operate causing its eventual collapse cost which was want to headed by jailed tycoon mikhail have a postie demanded almost one hundred billion dollars in damages but 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 every shills say a bomb was planted in a vehicle in downtown and while i witnesses claim to have seen a burning canister through a part cars 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 the total number of victims since sunday has now risen to over fixed clued in four children the crackdown in a seminar follows reports the country's dyce president could sign an initiative arranging the transfer of power something protesters have been calling for for

months. our rule banning open arm and sexuality in the us armed forces has been lifted nearly decades after nearly two decades 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 who 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 break three. multiculturalism is increasing rattling the citizens and turkey's plans to join as a warrior for germany right now that you are 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 as tom barton reports is the demographic die lever for europe's most ethnically diverse country. the end of school for a thirteen year old college in frankfurt germany. his grandparents are straight

from morocco in the one nine hundred seventy s. joining a largely white german society his mother grew up here and she's seen things change and we had a time where everything was perfect you know we don't feel like that we. met ben there i'd like since my son was born after five years then i feel like some 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. population. increase so many families decided not to 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 are

immigrant communities the changes in the culture in the city are leaving some germans feeling threatened but the islamic leaders forty years law make model of society it 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. we can already put it there are developments. 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 the his yappin now we are like the middle age. and with a serious labor shortage looming experts say germany needs all the workers it can get to a solution for demographic problems we need people and the only people we can get is that make people these teenagers from poor immigrant

backgrounds are being welcomed into a new educational program a great start which helps them with money and support towards their final school exams but if programs like this work 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 will 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 r.t. minds. now if you're looking for more exciting. check out all of the recent news and videos available on our website at home and here's a snapshot of what we've got online fee not all countries this year the offer of a foreign bailout cash rich china is giving a helping hand to deep in debt. to find out the terms and conditions visit on

website r.t. dot com. a little advice for 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 you sound log on to our web site. in libya and gadhafi forces that claim it crushed the remaining resistance of gadhafi supporters within the coming days but while progress is slowed 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 an armored vehicle report in the british press came the men say these four by four was provided by the french president nicolas sarkozy in two

thousand and seven journalist and 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 a 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. 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. slater 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 cd is called for by 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 the opposition's by controlling the e-mail system of dissidents these revelations come in the wake of a triumphant visit lately by president ockers in libya where he was very much depicted in the french press as the liberate of libya he was nicknamed sako z. the libyan and his war 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. later this hour a charismatic polish economy shares his idea of shock therapy which aren't in the reputation of the better for men in the european union but before that let's get a business update with you. thanks celeste a very warm 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 but central bank says the value of a free floating ruble will be decided by the market. new very limited we appreciate it actually very seriously so you have no dog in the chair trade you're not going to be one of those applied to modern domestic goes you've. started your lives if you're sure you should know believe it so you know that even though it's a good habit you could but units from both directions. let's have a look at the markets not world prices bounce back home losses in previous sessions with the escalating fears of the eurozone debt crisis continue to stoke concerns over demand 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 a positive note they seem to have ignored in paul's downgrade of the to his debt rating the voter sentiment is supported by speculation greece could receive the

next eight tranche from international creditors the dax is up two percent even as the nation's investor confidence fell to its lowest level in more than two and a halt years in september. markets are also tracking or 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 up trading strongly in the black cross now after more than two percent financials also impulsive territory wrong because on the rise of speculation it much increased the amount of shares to be converted into calls to receipts dixie is among the gayness in retail sector the company's net profit has jumped more than four fold as it significantly extended its net. in all the news to construct russia's delivery machine they are investing more than one hundred fifty million dollars in construction the plant in st petersburg to make polygons fullest it will be ready

in two years and the federal production will be exported. germany's cmos is squishing its nuclear joint venture with the russian energy corporation. the engineer. 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 thought you were quoting a total investment of more than one trillion dollars but following the fukushima disaster simmers decided to phase out its nuclear power business the collapse of the tie up could put on hold or saddam's and missions to extend its international reach. russia's yonder has expanded with the turkish question of a search engine it's opened a web portal in turkish after an office it is stumble this is the first time that has entered the normal russian speaking market the company is in full some tough competition as google already has a virtual monopoly of the search market in turkey. well high consumer confidence

and cheap loans have given a boost to casillas in russia swedish or 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 the automotive market of around twenty percent mark and i'd expect us to be growing slightly ahead not significant we had probably twenty five to thirty percent ahead for next year it's more year of consolidation for us two thousand and twelve with at least in russia no major model launches but i think you know we're building a very successful launch of a sixty very successful launch two years ago actually sixty. that wraps up the business boardroom for more stories you can head to our website our two dot com slash business. if.

you. feel. the limits to get

food to some. to. be. period. if. he. feels. the. same.

please had its credit rating dropped by one of them paul's agency which is also calls a negative outlook on growth the muse pushed up italy's foreign calls creating yet another headache for its european partners. with the palestinian bid for u.n. recognition just a couple of days away israel and its keepon of the us the keen it's a shame their opposition for israeli military forces are all knowing and forces on the borders even though officials are calling for the palestinians to resume direct towards. kentucky's presidency is invalid and to discuss immigration is a drawn out attempt to be a full easy member which would allow freedom of movement germany's europe's most ethnically diverse country with a big.