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 and was out of touch with reality when i simply 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 to prove it's pushed up italy's borrowing costs with the threat of contagion are once again hanging over the entire euro zone over in greece the e.u. and the i.m.f. of issued a final warning to ramp up budget cuts there if it wants to avoid going bankrupt very soon euro zone leaders are already holding back the next eight billion euro bailout decision until october let's give some reaction to this developing news today that from british your m.p. paul knuckle is on the line from london thanks for being on r.t. international polls good see you tonight so that 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 has a huge economy is the eighth largest economy in the world they can deal with greece to a point italy is a completely different different kettle of fish altogether if italy falls i suspect spain will fall as well and it could signal the end of the auto sell the deep problems going on out there it's just no time that the that the mandarins and russia will realize that further fiscal union isn't the answer the answer is to allow these economies to go back into their own cotton seas set their own interest rates set a competitive exchange rate and get their economies moving again but a lot of. give us a bit more time in italy's budget cuts have been revised and debated time and again now they've been finally agreed rome scored just out of that got downgraded isn't there some pace timing just a big crawl or i suppose you're going to say it's just realistic. well don't forget italy's economy is bereft really with strong trade unions and it's there's

a serious problem with the institutions warring goes well and state monopoly is a very own competitive economy not too dissimilar to greece to be perfectly honest with you and to be perfectly clear here serious problems within the european 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 increase in the same economic block shall we say all the same couldn't see as germany is complete nonsense as i say the sooner that these countries come out all to see they come back into their own cotton sees the better because back in italy probably as a service god is trying 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 then is it is it a political move or is it just really down to the problems with 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 are 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 rounds of bailout to come through if that doesn't happen greece could be bankrupt within two weeks and then there are serious problems with the world while the eurozone leaders sitting on the money knowing that that deadline is there and greece is saying it's going to be a big headache by the middle of october why those eurozone leaders knowing this problems on the rise and still sitting on the cash. well because the greeks don't seem to be acting quick and often our peers being told today that the greek government could be putting this whole thing go to a referendum the austerity measures all to a referendum there's also rumors out there today that they could even be putting the your out of a referendum and i was in college everybody in greece to vote in favor to come of the euro to get back on the track not to get your own economy moving and save those jobs because at the moment greece is becoming a bit of a protectorate a protector for the e.c.b. a protector for the i.m.f.

the greeks are controlling their own economy anymore and is it any wonder that the people are out on the streets 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 it only justifiable in the short they could hold back long term growth you could see the sense in that wire 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 we've overspent when times were good we should a save the labor government for thirteen years in college too small to spend i think this is a bit of 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 head the deputy prime minister of my country in the u.k. say that britain shouldn't be in the euro when this is the same guy nick clegg who encouraged us to join europe also if you think we're in a bad position now imagine the situation we would be if we were 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 sooner these countries get back into their own currencies the better for the little gray show me a pretty thing if your thoughts on the program tonight. israeli settlers radical rights groups have gathered in the west bank to protest against the palestinians drive for sovereignty at the un on friday the police and armed forces are on high alert fearing the mass marches by violence or settlers enter palestinian lands the latest on this story is paulus leah. i'm jealous that howard must think for the way back up to the mosque the t.v. was a demonstration that it was a fake that it would have a music lover before you made it up you know my favorite was that was all right that was wrong now we'll walk the beat that was goal was to the up that's meant to be it was

that he. was i just think that you know that that song was great wasn't really all that it was her father had. her on the body her even if he was fifteen cut mine i'll be moving brady border with syria fiza growing sense of isolation among israelis for months they simply named to september and all september is here and with it the un ease and uncertainty about what to do when palestinians are the united nations to recognize the 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 voice case scenario is violence there's even talk of a food into fatah these really armies been preparing for months beefing up security on social mins and planting new land mines along israel's northern borders but many complain these measures go too far now they're not applying to mines that. maybe it's more. 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 add a danger to those clamoring the mines are not necessarily very to deal 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 of israel's northern borders was maintained but it wasn't security that tof the 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 what happened with you and sometimes. maybe it was better if he did because. we can continue the life he like.

he got 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 i feel very very very sad because i know you know or my. material. just. just die they didn't from in give flowers or a good life for their people it's nine months since the arab spring began and as palestinians not be 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 set the stage for the next middle east crisis. r.t. israel. politicians supporters will be keenly watching what happens over the next

forty eight hours or so as christmas thoughts and showing from paul a lot of the from the free palestine movement each one is on the line from california right now paul 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'll be very be told by the united states and that'll be the end of it except that in fact the general assembly can allow. the new state of palestine to be admitted as a non-voting member to the general set of service states is kind of thing you know yes yes actually so that it would be upgraded to the status of a state rather than a 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 into land to protest the un bed tonight that score says the israeli prime

minister is offering today direct talks in new york during that meeting later on this week is there any 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 that they may want to possibly have negotiations only after statehood the statehood vote takes place you talk just now about washington vetoing these plans as it says it's going to do does 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 that the popular level the i think almost all the people in the arab world are united against the policies of

the united states in that 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 till today about a third into father son take 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 either advance or detract from their cause the statehood would 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 all right activist polarity from the free palestine movement thanks for your thoughts on the program tonight. which you in general assembly has been dominated by the showdown over the palestinian statehood this could say more on

what's going on at un over an important issues in new york. or the very no no there's no talk there's no doubt there's much talk on the sidelines where are we right now than through what we're up to if you will. well at this point we do know that the palestinian campaign for u.n. membership and statehood is purse perceiving 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 statehood 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 it how still because the u.s. believes that palestine should go back to the 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. if you can you plan you do it so far no meeting of the quartet has been planned but we had a discussion with the secretary of state yesterday and. it 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 we see that the parties are not ready for that we see there is no means whatsoever on was a little bit being in place the international legal basis that had been accumulated in the decades of the efforts to resolve the issue

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 at the meeting between mahmoud abbas with the u.n. secretary general this week russian foreign minister sergei lavrov the marina must come on friday we've got a lot of coverage coming up to that and of course on the day itself 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 the post gadhafi in libya. that's right u.s. president barack obama took advantage 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 offer 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 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 much. european human rights court has ruled russia acted lawfully when launching a tax fraud investigation against the collapse or join you 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 unable to function properly eventually forcing it into bankruptcy because it's also seeking ninety eight billion dollars in damages the largest claim in the called fifty year history the judges say they're not ready to rule on ballots without further evidence. more background analysis course this 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 a foreign influx as long as it seemed cash better ross 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 u.s. 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 want to know more 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 one nine hundred ninety s. and most recently ran the country's peace council attempting to negotiate a political solution to the government of the taliban speaking to our channel r.t. and one of his last interviews rabbani blamed foreign intervention for bringing initial instability to his country. certainly the people of afghanistan do not want foreign troops to remain in no country and we don't want our nation's security to depend upon the foreign military presence however considering the critical situation in your country the lack of stability and they continue unarmed clashes we have to tolerate a foreign military presence i have already emphasized a 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 leave for centuries without searching fighting. well discuss this tragic development in afghanistan. from kabul to diode sultanzoy political analyst

and former afghan m.p. this is all things spin with us now we had x. president rabbani telling our team that he blames western military intervention for the instability in afghanistan now with that logic does not also make the intervention and 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. a part of school of thought that naturally would have been his part. but having said that he was a major figure in the country nevertheless both in terms of his academic background as us law makers scholar and both as as a political figure one of the presidents of this country after the soviet withdrawal as well as a major player in the local politics of the country or as

a power broker at the same time he was an academic. respected fellow and a religious fellow. and then more importantly recently he was playing a very important moderating role in terms of bringing the peace process giving it out. national face because giving it out again 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 s.p.c. efforts because the radical factions of the northern alliance would have allowed her voice star against peace talks. with such a high profile assassination what does this bode for security in the u.s. says it wants to pull out from afghanistan by twenty fourteen claim we're going to leave a stable country behind it's not long to go to twenty fourteen is that a realistic prospect. one 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 of afghanistan as 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 off the lately he was a very moderate figure he was very important influence in bringing moderation and and stability and the politics of the country and mr karzai and others will miss that the president is indeed he was in talks at length to 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 is that what cost him is life do you think at the end of the day that ambition for reconciliation. as you know taliban or not all 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. more radical groups in the taleban group also right on a cli who feel the same way so this is an irony that both both sides the radicals are winning this time ok doug sultanzoy political analyst and former afghan m.p. thanks ever so much it's just after twenty four minutes past eight o'clock this choose the twentieth of september as catch up with 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 dollar in ten months although analysts believe capital outflows are the main cause yourself use of only a daughter bank says the money will return in the near future. with ty. you tend to see these two factors being realigned in the current account and the financial account and capital flows being real line with the overall direction of the current account so if we continue to see high oil prices i do expect capital outflows to react to this and these outflows to slow down and possibly capital inflows to start to set in because the will is cheap 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 have

a look at the markets now oil prices bounced back from losses in previous sessions how are the escalating fears of these eurozone debt crisis continue to stoke concerns over demand like this which is currently trading at around eighty seven dollars a barrel while branches that one hundred and eleven dollars. stocks are high it raising a drop in session as speculation the fact will do to stimulate growth offset concern about the economical covered. and european market strategy on a positive note they seem to have a standard and poor's downgrade of debt frankly i wonder sentiment well 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. finally the russian markets were also up at the close of play tracking those gains overseas

they are chance to point six percent while the mice that soon joined in almost two percent growth that's not a look at some of the individual who was in the might six energy majors was strongly in the black on tuesday oil pipeline monopoly transnet. when much profit more than doubled to one point four billion dollars to get one view of the second quarter of twenty eleven thanks to crude sales to china said shares were up two percent on the news shows rose on speculation it might increase the amount of shares to be converted into calls to receipts and dixie was one of the biggest gainers a retail sector the company's startup profit has jumped more than full forward as it significantly extended its network was in fear so from i've seen metropole says the markets are seeing just a rebound for all the trend. today the markets close quite good t.v. you 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 russian as well so just so i would say it's more why your bond to be on the recent correction that wraps up the business bulletin another business update in less than was time for you so stay with us. all.

in the faraway land where human life is ruled by nature. of planet earth is scarcely preserved by the per. inch a minimal lie hidden in the deep permafrost. and to those who deal with them. stored times are still not good for.

eight thirty pm tuesday evening here in moscow thanks for joining us rob you're watching around the world this is top stories tonight italy's had its credit rating dropped by one. not by the standard and poor's agency which has also cast a negative outlook on growth the moves pushed up italy's borrowing costs creating yet another headache for its european partners. with a palestinian bid for you in recognition just a couple of days away israel and its key partner the u.s. are keen to show their opposition israeli military forces arriving in fortifying their borders even both officials are calling for the palestinians to resume direct talks but also new york president obama seeks to boost libya's new leadership at the general assembly by pointing out progress in the country but questions over whether nato has actions in libya complied with the u.n. resolution lou.