party tonight italy's got the point for not moving fast enough a credit ratings giant loses face in butter scoldings budget ability while these eurozone partners are left wondering who's next. but just over forty eight hours to go before the palestinians appeal for a seat at the un israel maintains its firm opposition and begins reinforcing its borders here in a wave of protests. also in new york president obama seeks to boost libya's new leadership of the general assembly by pointing out progress in the country but questions over whether the nato the actions in libya complied with the u.n. resolution looms large.

mrs arty's eight pm right now here in moscow my name's kevin owen with a top story for you tonight and italy is taking a beating from ratings giant standard and poor's which downgraded the country school by one notch today it says its growth outlook is negative two prime minister silvio berlusconi criticize the decision as being the result of media hype was out of touch with reality less than p. said it was driven by its at least poor growth and concern over rome's ability to reduce spending despite the budget cuts it just approved it's pushed up italy's borrowing costs with the threat of contagion now once again hanging over the entire euro zone the time over in greece the e.u. and the i.m.f. of issued a final warning to rampant budget cuts there if it wants to avoid going bankrupt very soon there was an leaders are already holding back the next eight billion euro bailout decision until october this comes to react. to this developing news today

that for a break your own played pool knuckle is on the line from london thanks for being on r.t. international polls good to see you tonight so effectively asks for a bailout can europe or for the trillions of euros needed for it is the second biggest economy of course you can't i mean as i say italy is a huge economy is the eighth largest economy in the world they can deal with greece to a point italy is a completely different kettle of fish altogether if italy falls i suspect spain will fall as well and it could signal the end of the auto show but of the problems going on there it's just no time that the that the mandarins and russia will realize that further fiscal union isn't the answer and the answer is to allow these economies to go back into their own cotton seas set their own interest rates set a competitive extreme very thing get their economies moving again but a lot of times those so it's not a give us a bit more time in italy budget cuts have been revised in the greats of time and again now they've been finally agreed scored just out of that got downgraded as

medicine piece time and just a big crawl or as you're going to say it's just realistic. well don't forget infamies economy is bereft really with strong trade unions and it's there's a serious problem with the institutions warring as well and state monopoly is a very on competitive economy not too dissimilar to greece to be perfectly honest with you to be perfectly clear here serious problems within europe union the euro was never going to work in the first place it was always about politics it was never about economics the idea that you could have italy and greece in the same economic block shall we say all the same couldn't see as germany is complete nonsense as they say the sooner that these countries promote and. couldn't seize the better because back in italy the provinces are going to go to try to put a brave face on this today as he can he's saying this downgrade is a political move. what you think about that that is it is it a political move or is it just really the problem of the cash i think is the real

politic i think it's i think it's problems with the cash i think the bigger problems with greece at the moment because. greece has got two weeks greece has to make serious course i mean i think they're talking about one hundred thousand people have to lose their job in the next few weeks for the next billion round the bailout to come through if that doesn't happen greece could be bankrupt within two weeks and and then there are serious problems with why the eurozone leaders sitting on the money knowing that the deadline is very greece is saying it's going to be a big headache by the middle of october what is your ozone leaders knowing these problems on the rise and still sitting on the cash. well because the greeks don't seem to be acting quick and often our people being told today that the greek government could be putting this whole thing go to referendum the austerity measures ultimate referendum there's also rumors out there today that they could even be putting the euro out of a referendum and i was in college everybody in greece was in favor to come of the

euro to get back on track now to get your own economy moving and save those jobs because at the moment greece is becoming a bit of a protect truth a protector for the c b a protector for the i.m.f. the greeks aren't controlling their own economy anymore and is it any wonder that the people out on the street and i think the painting this now of course another not for the current policy just of money there the german central bank chief said that you know while euro zone budget cuts alone would justifiable in the short term they could hold back long term growth you could see the same said that why are governments pressing ahead therefore with stifling cutbacks on their own people because i don't believe that they have a choice i mean we especially if you take my country for example evolve or spends when times are good we should a save the labor government for thirteen years in college too small to spend i think this is where the problem right across the board right across the european union will thank god that we're not in the yard i was amazing today actually to hear the deputy prime minister of my country in the u.k. say that that britain shouldn't be in the yard when this is the same guy nick clegg

who encouraged us to join you're also if you think we're in a bad position now imagine situation we will be if we get in the euro greece is in dire straits italy is on a slippery slope the forecast coming out of spain is pretty bad as well this whole thing is going to end in tears and as they say the soon of these countries get back into their own currencies the better for the little grey sharing your thoughts on the program tonight. israeli settlers and radical rights groups have gathered in the west bank to protest against the palestinians drive for sovereignty of the un on friday the police and armed forces are on high alert fearing a mass marches by violence the settlers and the palestinian lands are the latest on this story is paulus leah. i'm jealous that was must see for you know quite frankly coming up to the mark after the luck of that race and that takes a hit going to happen to you because i really think it was bill that was that was all that was wrong now we are lucky to be that was the goalie that it

was that it was that was it was that he. was such that it was such a you know how that song was played was obviously on was it was hard. for what was that you know what he was looking like somebody looking great would have it so yes there's a growing sense of isolation among israelis for months they simply named it

september and also kimber is here and with it the an ease and uncertainty about what you do when palestinians are the united nations to recognize the state i think the responsible thing to do from the idea of sports of you is to prepare for any eventuality or pay for the worst case scenario and hope it doesn't happen the most case scenario is violence is even talk of a food into fatah these really armies been preparing for months heating up security on six wins and planting new landmines along israel's northern borders but many complain these missions go too far now they are throwing. stones at the can be bored maybe it's more common for former. graham 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 add

a danger to those clamoring there the mines are not necessarily very to deal with people who have peaceful intentions but mines are a legitimate form of the science 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 forth a case at the united nations the army refused our request for an interview the most they give us with an e-mail response in which they said they were performing ongoing situation have basements 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 their top right half of salad bars body he lost a leg a hand and an eye when he picked up a mine when he was thirteen years old. or so. with you

and sometimes from we want. it was. because. our whole we continue. to have. you got little sympathy from the israeli government 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 awful happen it fells of people surged towards the borders later this week. because i know in or. problems around there are just just. just in from in giving flowers or wood life 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 but fears in the region are growing that what

happens in new york will set the stage for the next middle east crisis policia r.t. israel. but the two supporters will be keenly watching what happens over the next forty eight hours or so is because my thoughts then should be from a whole lot of the from the free palestine movement each one is from the line from california right now all very good even she thanks me on the program how do you think then the vote is going to play out at the u.n. on friday. i think everyone knows what the script is going to be that there will be most of the world's countries will be in favor. of making palestine as a state to the united nations and it will be if we be told by the united states that will be the end of it except that in fact the general assembly cannot allow. the new state of palestine to be admitted as a non-voting member to general sort of a service status kind of thing yes yes very good will be upgraded to the status of

a state delegation i guess a lot of people would see that as a step forward at least but i mean we've just heard that israeli settlers are moving in on your land to protest the u.n. bed tonight that's because as the israeli prime minister is offering today direct talks in new york during that meeting later on this week is there a chance the parties could come to the negotiating table. i suppose there's always a chance. i think it's unlikely everyone from the palestinian side has said. they want to possibly have negotiations only after statehood statehood vote takes place you talk just now about washington vetoing these plans as it says it's going to do doesn't it risk losing friends in the arab world by doing that what trent. washington has essentially purchased some friends in the middle east who sit at the top of some governments of people who disagree with their their alliance with the

united states the popular level be i think almost all the people in the arab world are united against the policies of the united states in their region what's your prognosis and you're saying it will be recognized but if it did get through somehow or other on friday the speculation talk today about a third intifada such taking it too far. actually my sense of where the palestinians are on this every from everything that i've heard. they're quite ambivalent about this and have very little illusions that this will be their. detract from their cause the. statehood if it if it comes about would be almost entirely symbolic and it won't change anything on the ground because israel is not going to change its policies on israel controls what is left of palestine or of activists polarity from the free palestine movement thanks for

your thoughts on the program tonight. the u.n. general assembly has been dominated by the showdown over the palestinian state so this could say more on what's going on at u.n. over the important issues in new york. by the marina now there's no talk there's no doubt there's much talk on the sidelines where are we right now then take this through what we're up to if you will. well at this point we do know that the palestinian campaign for a u.n. membership and statehood is proceeding and this is despite the massive amount of pressure the u.s. has reportedly been putting on the palestinians to stop this bid now the majority of the u.n. members do you support palestinian u.n. membership and state that's approximately one hundred thirty three countries if not more but it is because of the u.s. that that measure may not go through the u.s.

as we've been reporting has threatened to officially veto a palestinian membership to the united nations if because the u.s. believes that go back to negotiating tables with israel but russian foreign minister sergei lavrov spoke to the media and said that no country should stand in the way of palestine's ambitions to listen. so for meeting of the court it has been planned but we had a discussion with the secretary of state yesterday and he. showed us that the united states would like to prevent the discussion of the palestinian issue anywhere in the united nations be there the general assembly or the security council we would like of course to push for. a discussion over the negotiating table but here we see that the parties are not ready for that we see there is no agreement whatsoever on possible being in place the international legal

basis that had been accumulated in the decades of the efforts to resolve the issues of the at the same time we believe that the palestinians should not be deprived of the opportunity to address the general assembly and they will do so of course at the meeting between mahmoud abbas with the u.n. secretary general this week russian foreign minister sergei lavrov marina must come on friday we've got a lot of coverage coming up of that and of course on the day itself but let's look at the here and now libya is in the limelight again today with president obama pledging that the world will stand with a post gadhafi in libya. that's right u.s. president barack obama that is of the opportunity to get some attention off of palestine and move it over to libya because a high level meeting was held at the united nations dozens of countries were in attendance and libya's national transitional council was there outlining how the

plans will be set up for establishing a new government the us president addressed those in attendance saying that libya now is in a very successful position now that moammar gadhafi has been removed from power and the u.s. leader how did this success for libya and for the international community he says that a host could off the libya is much more free and much more democratic but not everybody at the united nations sees this situation the same way russia for example believes that the u.n. security council resolution one thousand and seventy three that was established back in march that put a no fly zone over libya and led to the nato military intervention was succeed was exceeded russia and many other countries believe that nato members took advantage of an opportunity to protect civilians and in turn exacerbated

a military conflict which led to as we know tens of thousands of people being killed and or wounded and now this is a country that needs to be rebuilt but not everybody believes that libya is essentially a success story many many countries do believe that certain certain western european countries took advantage of an opportunity and struck harder that needed to be struck in a very sensitive country that was in the midst of a terrible conflict so at this point discussions about libya libya will proceed but it's clear that the u.s. sees the circumstance in libya one way while other countries see it a much different way. from the things from. european human rights court has ruled russia active lawfully when launching tax fraud investigation against the collapse or joint u. cost judges also said the kremlin's moves were not politically motivated but the

verdict also states that between two thousand and two thousand and one the russian government didn't give enough time for you cause to prepare its defense adding that freezing the firm's assets left of an able to function properly eventually forcing it into bankruptcy because it's also seeking ninety eight billion dollars in damages the largest claim in the calls fifty year history the judges say they're not ready to rule on that without further evidence. analysis course there's a long running case on our web site r.t. dot com plenty more lined up for you as well there today we hear how not all countries are wary of authority influx as long as it seemed cash but a rose is broke right now and china is ready with the money with terms and conditions too as we explain online. and a little bit of advice for fans of the red hot chili peppers internet piracy doesn't pay them out of the us has been hit with a sixty eight thousand dollars fine for illegal file sharing with this payout could be just the tip of the iceberg one in

a war it's online from us tonight. the former afghan president dina rabbani has been killed in a suspected suicide bombing at his home in kabul rabbani led afghanistan during the nine hundred ninety s. and most recently around the country's peace council attempting to negotiate a political solution to a government of the taliban speaking to our channel our team one of his last interviews rabbani blamed for intervention for bringing initial instability to his country. certainly the people of afghanistan do not want foreign troops to remain in our country and we don't want our nation's security to depend upon a foreign military presence however considering the critical situation in our country the lack of stability and the continuing armed clashes have to tolerate a foreign military presence i have already emphasized the deal would have been no civil war in afghanistan and no problems with the taliban if not for the invasions by foreign countries after all the people of afghanistan had managed to live for

centuries without such in-fighting. but just this project development in afghanistan. from kabul to them saw a political analyst and former afghan m.p. issa who saw things may with us know we had x. president rabbani telling r t that he blames western military intervention for the instability in afghanistan now with that logic does not also make the intervention of the likes of the us therefore responsible for his death. actually of course he had his own opinion he was one of the leading islamists. leading of islamist party in this country and he was not from that school of thought so about nationally would have been a start. but having said that he was a major figure in the country nevertheless both in terms of his academic background and as us law makers scholar and both as well as

a political figure our one of the presidents of this country after the soviet withdrawal and as well as a major player in the local politics of a country it was a power broker at the same time he was academic. respect for law and religious law. and then more importantly recently he was playing a very important moderating role in terms of bringing the peace process giving it a national face giving it to an afghan face rather than a regional face and that was very much in support of mr karzai as efforts this would be seen as a major blow to mr karzai and his speech efforts because the radical factions of the northern alliance would have a louder voice against peace talks. with such a high profile assassination what does this bode for security in the us as it was the pullout from afghanistan by twenty fourteen claimed they going to leave it

a stable country behind it's not going to go to twenty fourteen is that a realistic prospect. on one hand. there is three years from here until then which is a long time but on the other hand having said that the problems that we are facing are monumental problems so three years is not very much time for the problems that afghanistan is facing and i don't think. figures like that and the absence of those kinds of figures do not render themselves for stability and do not help stability he was part of the lately he was a very moderating figure he was. very important influence in bringing moderation and and stability in them in the politics of the country and mr karzai and others will miss that sort of presence indeed he was in talks at length of the taliban for possible reconciliation is that ambition the thing that cost him his life do you

think. i i didn't get the last part sorry he was talking to the taliban with a view to possible reconciliation that would cost him his life do you think at the end of the day that ambition for reconciliation. as you know. a one voice and one group but there are many groups and it's very ironic that while the fringes and the radicals of the north or against peace talks there are some radicals or more radical groups and part of one group also right on a cli who feel the same way so this is an irony that both sides the radicals are winning this i'm ok. political analyst and former afghan m.p. thanks ever so much. to stop the twenty four minutes past eight o'clock this choose the twentieth of september as catch up with nearly no she's got the latest business from moscow for.

that's right time to delve into the world of business and the russian ruble continues to retreat against the main currencies it's reached the lowest level against the sterling ten months although analysts believe capital outflows are the main cause yourself a bunch of banks as the money will return in the near future. you tend to see these two factors being realigned in some way the current account and the financial account. capital flows being real one with the overall direction of the ground so if we continue to see the world prices i do expect so our flows through then surely react to this and these outflows to slow down and possibly capital inflows to start to set in because the will is cheap now it is cheap given the fundamentals that are out there and accordingly i think even

speculators with time may find it profitable to take a second look at the ruble and start investing back again. let's look at the markets now world prices bounce back from losses in previous sessions how will the escalating fears of all these eurozone debt crisis continue to stoke concerns over demand rights which is currently trading at around eighty seven dollars per barrel while branches that one hundred and eleven dollars. go so high it raising a drop in session as speculation the fact will do to stimulate growth offset concern about economical profit. and european market strategy on a positive note they seem to have a standard and poor's downgrade of italy's debt phrase you can understand cement was supported by speculation greece which received the next eight tranche from international creditors the dextrose just under three percent even as the nation's

investor confidence fell to its lowest level in more than two years in september. file of russian markets also at the close of play tracking those gains overseas they are chance to point six percent while the mice it's in jordan almost two percent growth that's not a look at some of the individual show who's in the my six energy majors was strongly in the black on choose to. well pipeline monopoly transnet. for net profit more than doubled to one point four billion dollars a year when viewed the second quarter went to eleven thanks to crude sales to china search shares were up two percent on the news starbucks shares rose on speculation it might increase the amount of shares to be converted into pools to receipts and dixie was among the biggest gainers a retail sector of the company's first half profit has jumped more than fulfilled which as it significantly extended its network some fears the from i've seen metropole says the markets are seeing just a rebound fall for the trend. there the market was wide good t.v.

or one point five percent growth but it still doesn't mean anything there is no trend of the market it's more like emotional trading we see that the oil is growing and we see that asian markets european markets are supporting russia as well so just so i would say it's more a wipe your regard with you on the recent correction but perhaps not the business bulletin another business of duration last summer was time for you so stay with us .

in the far away land where human life is ruined my nature. the distant past of planet earth is carefully preserved by the poor. means anonymous lie hidden in the deep permafrost. and for those who deal with them through stored times they are still not over.