watching are you live from moscow nine am here on marina joshie welcome to the program palestinians deserve a right to present their case for recognition in front of the u.n. security council despite u.s. threats to veto the move that moscow stand on the state who bid president abbas is preparing to introduce on friday he is married aboard now has more from new york. the issue that remains at center stage for those attending the united nations general assembly is the issue of the palestinian campaign for a u.n. membership and statehood is something that the majority of the general assembly does support but it is something that the united states has been speaking out against that the u.s. has the right and to use its veto in the security council because no sides palestine or israel are ready to return to the negotiating table but foreign minister lavrov did say that it is within palestinians right to ask for u.n. membership and the united states should not get in the way of aspirations for any

country. that the new people in the middle east quartet will meet in the near future but the recent meeting with the u.s. secretary of state hillary clinton has showed that the u.s. would not like to see the palestinian question raised at the u.n. we think that it would be preferable to sit to the negotiating table first. ready forward because there's no agreement between them we think deprive the palestinian at ministration of the right to ask the u.n. security council to speak out on each statehood bid it was just this time last year that u.s. president barack obama addressed the international body saying that when he comes back to the united nations in two thousand and eleven he hopes that palestine will be a member of the united nations and now told us later the u.s. is backpedaling and threatening to repeat oh the aspirations of palestine also reports coming out that u.s.

president barack obama will be meeting with palestinian president mahmoud abbas this was a meeting that was not scheduled up to this point of course that the u.s. so against the policy and bid for u.n. membership but if this meeting does take place who knows maybe the story will shift into a much different. very important reporting there from new york and while the palestinians are campaigning for statehood ab un some believe washington is using its economic influence to hold such efforts from going through but there's no question that the obama administration and the democratic and republican party operating through congress is exerting immense pressure on the palestinian authority to make make clear that the palestinian authority will be cut off will be deprived of the funds necessary to pay palestinian authority employees as has already happened much of that money was already cut in july this is pressure mounting on the palestinians to

make them pull back from their right to go forward in the general assembly and ask for recognition of a palestinian state it's a lot of pressure on the palestinians but the palestinians are likewise pressured by their own people who have seen no remedy to the suffering that they suffered both in the west bank and gaza and the growing international support that makes the post to me and see a new possibility at the u.n. for recognition of palestinian statehood and while the us is at the forefront of lobbying against the palestinian aspirations in support of israeli stand it's also the one that encouraged the arab spring that led to tel aviv's further isolation critics say in determining foreign policy it's the america's own interests that chord not friendship our season is now explains. democracy has a price the people of egypt have spoken. their voices have been heard and egypt will never be the same and the new egypt embraced as

a positive example of change in the arab world by the west is not the only one paying what they did before us the revolution bring us you know i feel doing good your time there was a bit of security but now there's less security on the streets israel has also been left hanging a slow road to stability in neighboring egypt mixed with a massively unpopular israeli foreign policy makes a dangerous cocktail the case for change towards those disputation was very slow so you had a lot of frustration on one side and then you had a lot of anger that. exacerbated after the killing of the five protection soldiers on egyptian territory by israeli gunfire. taking up the situation even further the recent attack on the israeli embassy in cairo protesters threw stones and stormed the building as military police stood by and watched for hours three demonstrators

were killed and over a thousand injured in the medical mission of the for this situation can get worse for israel not for us who are just starting to get stronger this is not a negative thing for us but a plus. the protester who took down the israeli flag at the embassy in august was held as egypt's new super hero flagman a wall was then built to protect the embassy but completely destroyed by protesters . with what remains i was out walking but everyone behind our report cannot show emotion feel well is now moving and forced to in egypt suffocating it's already sued for freedom and in the region the u.s. is strongest ally in the security threats and was new to mop. yes it is stuck in a spiral of certainty instability and sometimes chaos benyamin netanyahu called the incident a near disaster being averted and might have

a lot more work to do to avoid catastrophe in the future is wrong should worry about look at what's happening in egypt two very important states would choose to have no new friendship with israel. at odds with israel and its number one friend seems to be having trouble keeping a balance when it comes to promoting arab democracy and protecting israel security it must occur to netanyahu and others at this point that certainly be americans are holding the. have all the cards up their sleeve so so i think that is something that most we have only on israel at this because when it comes down to it the u.s. tends to protect one thing in the end the basic problem you know i think with the americans and with the western civilization kennington or all the way the thing is that it's become too much about interests not about humanity or about anything else

it's really become about interests and when interest is the main driver of things become messy and egypt could become a mess that israel will have to clean up and he's in our way archie karo. on the way here in our team junkies dream is their reality in of get a stand find out why the nato coalition is ignoring the booming afghan drug industry which is claiming lives and actually helping fund the taliban. and international team of data inspectors has decided it will return to greece next week to check on the country's progress in reaching its budget goals athens hopes this will help win the release of the way just emergency loans greek authorities want to convince the dead inspectors they could need strong. budget targets as a country desperately needs the next eight billion euro bailout package without the money the country could default within weeks however no decision will be made until

the i.m.f. war in europe and the united states risk falling back into recession unless lawmakers act quickly also underscoring the region's difficulties was a credit rating downgrade of aid only by standard and poor's financial analyst michael ross believes the constant downgrades are only putting pressure on the world economy. also to take into account that there is a kind of currency war going on especially. from united states from the rating agencies here in europe i mean what does it really matter. psychologically it's really very very hard and in terms of currency war you have to see that to fail the euro in order to keep the dollar and at the end of the day this equation will not be true at the grove. in my opinion because europe and united

states have more or less the same problem if you take a closer look to most western countries they are all failing go all over the situation at the moment is psychologically very big pressure so it doesn't have any of us if the says such things it got us michael panter says that you crisis will have far reaching consequences for the global economy. i mean a plus they i mean is anybody really believe that italy deserves an a rating their debt to g.d.p. is one hundred twenty percent and rising a significant number of european banks are insolvent the e.c.b. has to buy all of that sovereign debt and take it off their balance sheet that is the final answer greece will default and that means somebody has to take the pain and it's going to be either the banks or it's going to be this central bank creating inflation and then everybody suffers get ready for

a protracted and significant increase in inflation both in europe in japan and the united states. now let's take a look at some other stories from around the world first in yemen were among a long for ceasefire has come into effect in the capital after three days of violence which killed sixty two people more than one hundred were taken to hospitals with ones from gunfire and shelling a crackdown despite reports the country's vice president could sign an initiative arranging the transfer of power something protesters have been calling for for months. to leave an interim prime minister says the country's new governments will be announced within seven to ten days your news came during a press conference hosted by g eight foreign ministers and followed the welcome of levy's new leadership to the united nations meanwhile fighting and colonel gadhafi is remaining strongholds continues with former rebels claiming they will crush their resistance within the next few days civil war in libya started in february

and has reportedly claimed tens of thousands of lives. while in syria security forces have killed seven people on tuesday during raids near the capital and homes province about twenty seven hundred have reportedly been killed across the country in six months of protests calling for the end of president bashar losses regime western countries have demanded an increase in pressure on us of to stop the crackdown but russia insist only peaceful dialogue can resolve the conflict. the us state of georgia has denied a final appeal for clemency for a prisoner on death row on the eve of his execution for the nine hundred eighty nine murder of an off duty policeman no murder weapon was ever found on the no d.n.a. evidence of fingerprints conclusively linking troy davis to the shooting most witnesses have also since changed their testimony more than one million people worldwide have signed petitions for clemency amnesty international said georges discredited the

justice system and will execute an innocent man davis is due to face death. i lethal injection on wednesday. to mexico now where gunmen have dumped the bodies of thirty five people in the roadway during rush hour in the gulf state of veracruz the victims were found in two trucks left near a shopping mall in the city of rio police identified seven of them and all have criminal backgrounds including store sion l. messiah and drug trafficking but over the rio has become a frequent side of clashes between armed groups as drug related violence grows. still to come this hour here in our t.v. no more rush hour to travel to one place on earth for air pollution is a thing of the past and daily commute is a delight. yet it stands mourning the death of its former president who was a key negotiator with the taleban brenna dean who was killed by

a suicide bomber at his home in the capital kabul on tuesday it's believed the explosives were hidden in the attackers turban rabbani had led peace talks with the insurgents over the last year and was considered one of the most influential figures in the country the killings the latest in a string of high profile assassinations of afghanistan and second taliban attack in kabul in a week r.t. was the last channel to interview mr rabbani before his death he blamed the nato occupation of his country for the ongoing civil war which has claimed thousands of lives. of the people of afghanistan do not want foreign troops to stay here we don't want our nation's security to depend on a foreign military presence it's simply unacceptable however considering the critical security situation in our country the lack of stability and the continuing armed clashes were forced to tolerate the presence of nato but there would never have been a civil war in afghanistan and no problems with the taliban if we hadn't been

invaded by foreign forces the people of afghanistan had managed to live for centuries without such in-fighting. well you watch that full interview with the late mr rabbani on our website our team dot com. as the weather relentless taliban stepping up its attacks across afghanistan why they are main sources of income is in full bloom the country's infamous drug trade kills thousands of users worldwide here while helping the insurgents combat than a occupation but critics say the alliance has made little effort to rout out the deadly business during its ten year old long campaign he's a gorgeous going off reports from kabul. the penalty for drinking beer in kabul a sixty whips on the back publicly it is a very traditional muslim society or is it there are dozens of people if not more for doing what's right there under this bridge in the center of the sea with all

these coming and staring at them and all these insane conditions we still rubbish been through and wait here where we're standing right now this is just incredible seek and heroin opium it's all cooked mixed injected or smoked right i'm on these piles of rubbish rotten meat and indescribable. and not one policeman anywhere near but that's not all we were told these people don't just come here to do drugs and many of them call this whole pakistan and you're on your game here and we don't have any job we don't have any kind of thing to do if you can't pay for the war or you have a bunch of you help us a study commissioned by the u.s. state department shows each of gandhi family has at least one drug user will be found in breast milk and all kids even newborns have morphine in their blood there's no doubt that the area of plantation song with narcotic crops has increased

since military hostilities started. i believe that the war was the root cause that forced afghan people to turn to poppy growing their own ninety percent of all the opiates in the world are produced in afghanistan interval clean. markets global trade has long surpassed the five hundred billion dollar mark russia is one of the worst affected street with around eighty tons of heroin to settle in the country that it's absolutely tragic that despite the enormous resources nature has put into afghanistan including military force drug production is just phenomenal moreover the head of nato military committee admiral de power personally told me fighting drug production is not their goal there was no such directive many experts find this a bit strange given the fact that a large part of the revenues from drug money is used to sponsor the taliban and nato is key enemy in the region meanwhile the international community spends billions of dollars to fight again it stands drug traffic but since nato has no

legal right to coordinate the funds are spent with very little positive results while officials say the multi-billion dollar work has the whole world and it's a group you go to school or kabul afghanistan. and all of our stories news in the latest videos are available on our website r.t. dot com twenty four hours a day here is what we have in line for you today. tori and drug cartels that operates out of the west who are have been organizing parties for american officials and hire. a masterpiece by the famous painting of marc chagall well no wonder hammer during at sotheby's auction it speculation here a break all records are a website for more. modern

seed weller's are all too familiar with constant traffic jams and air pollution rising their stress levels and causing health problems but one remote place in the arctic has adopted a different approach to the concept of commuting. travel to the island of spitsbergen to discover what the fuss was all about. that's what it really means to put the shoulder to the will contrary to popular opinion huskies don't go on vacation once the snow melts dogs are pulling more to one of the cars to talk to people who are. in fact in the world snow than most see the doctor is a year round phenomenon all clad just where the only means of transportation around the archipelago until the mid one nine hundred sixty s. and while by now cars and snowmobiles have replaced them in many parts of the north here and sprays we're going to ask is a still cooling down way say it's not only more environmentally friendly but also

safer you can always rely on the way to deal with the cold while dogs will never let you down. like most of the residents of norway's longer beyond robert wasn't born here. and he moved in his mid twenty's fleeing big city congestion in hope of reconnecting with nature he says to king his jeep behind his barking team every two months is the major change in his life plus it keeps the dogs fit the story beats they know they need the. exercise every day so. yeah when it's with. going out training the dog in my car some two thousand residents along here and beyond is little more than a white place in the road they may not be any traffic police but the rules of the road on no less strict local authorities have already closed some of the

archipelago routes to militarize traffic. more restrictions to come. the law being force behind a partial car ban is very both rick also an avid dog lover she like it is driving to smoking invasive and damaging to the environment if there are known smoking areas why shouldn't there be no driving areas here small boat docks our culture in norway and many other places also here in the north. and i think today we are living in big tones we need the silent truth where we can leave all what's around us in our normal days we need to rest our brain as the acapella tries to attract more tourists some suggest that the current strictures may have a commercial appeal with people around the world to reporting increasing traffic critique many may be in need of a car free refuge like this russian traveler couldn't kolosov and muscovite who

endures hours long commutes to work says the absence of honking horns made him instantly fall in love with the place the most amazing moment i experience here on soul but it's of course the traffic the lack of traffic even early on january first in moscow you cannot find that if you cross like you see here to ban cars in the favor of dogs it's an absolutely great great idea and this would probably attract more and more tourists down here going to dogs is obviously not an option for every city but here have keys definitely don't feel like a fifth wheel kind of we got our sea long gibbie and spitzbergen archipelago. ourselves he was happening the world of business with marina. hello and welcome to business here on our t.v. russia's two major bourses the my sex and the r.t.s. are finally putting the finishing touches to their five billion dollar merger the

new brand of a combined stock exchange will be presented early next year and the new entity will be sold to the public for an i.p.o. which is so far planned for twenty thirteen and artie's lore and it has all the details for us. there are now new legal obstacles to the merger between the r.t.s. . exchanges the mergers being approved by the federal monopoly service and it's now on to the technical details which are not you when you're talking about joining together an index that trades mostly in equities and currencies and another index that trades mostly in derivatives and that all of the different technical platforms . has already been appointed from the banking community and from the brokerage community and now from here until the end of december. that the legal merger between the two indexes will be completed and also the merger of some of the markets during that time they'll be testing the systems they'll be synchronizing the indices in terms of data and also they hope to create

a single technological entry point to boost indices they'll also have to make sure of course that the service they offer is interrupted that there's no policy and also to integrate all those technological details the ambition is to have a full set of financial instruments a full package of operations to be one of the global exchanges and in the next couple of years to be in the top ten in terms of revenue first priority integration second priority to around about two thousand and thirteen obviously the overall goal of this is to make moscow into a global financial center and the c.e.o.'s of the r.t.s. and my sex who were here in london on tuesday say this is not the only thing that needs to be done to create a global financial center in moscow but it's certainly a big step in the right direction. the russian ruble continues to retreat against the main currencies it's reached the lowest level against the u.s. dollar in ten months you know service of all look at deutsche bank doesn't believe

the ruble is any riskier than other currencies at the moment but he does advise to diversify if possible. well prices are still the economy is still very strong. so the doesn't seem to be. urgent need to drastically shift from one currency into the other clearly we're living in the very unstable thrones of the dynamics of crime and for markets so what makes sense is diversification what makes sense to. rubles hold some portion and dollars and euros and if you have other ways of diversifying your savings only for the better. would be the simple approach the best approach i think that one can . in order to be defense of the. markets currently i personally think there is no fundamental reason to avoid morse code other

currencies. look at the markets now will start with oil prices are mixed this hour after seeing some gains on tuesday escalating fears over the euro zone that prices are still keeping concerns over demand light sweet discreetly trading close to eighty seven dollars per barrel while the friend planned this out one hundred ten dollars and sixty three cents per barrel let's move on to a show markets there are also mixed with investors waiting for the conclusion of a two day u.s. federal reserve policy meeting european sovereign debt woes are weighing on sentiment there is while exporters are among the main gainers in japan point six percent the company said it plans to double its first have the evidence and the banking stocks are under pressure in hong kong with h.s.b.c. down a third of a percent. and here russia markets also are trading a less than one hour they closed in the black on tuesday tracking gains overseas

the r.t.s. rose point six percent while the my sex went up by almost two percent it's. like some feet or so from i've seen metropole says investors are waiting for news from the fed meeting in the us which will be later in the day and anything from the euro zone. everyone is waiting for new measures from bernanke here but we understand that there is a lack of tools bernanke you can use for supporting the situation in the u.s. see the same thing happens the euro zone when standard reason through rates and italy is not the last negative news from europe and it looks like most of the investors are sitting in the cash that's all those this is for now for more stores you can always head to our website or to dot com slash business but in the meantime stay tuned for the headlines and marina bye for now.

this was a city. of about one hundred ninety thousand people and we had eighty thousand people working for general motors. or a job that depended on general motors. general motors is if it's not

relation to you it might be your neighbor or somebody you knew so it's kind of a family run business you know myself i'm third generation my father was working there and you have a lot of two three and four generation families are there first let's understand that. this is a man doesn't want. it is gone. made into work. i think for a long time this notion in america that bigger was better was simply an undisputed fact in the twenty first century smarter you can do better general motors simply became too large for their own good it's so many brands that they couldn't even keep up with. those who became a dinosaur. welcome

back you're watching r t these are the top stories russia urges the palestinian bid for statehood to be given floor time at the un that says washington threatens to use its veto power against a unilateral move just a year after president obama promised palestinians a seat of the a sample. the u.s. is accused of encouraging the arab spring to achieve its own interests even though it sacrifies the position of its closest ally israel leaving it isolated. greece makes good progress in talks with debt inspectors as athens hopes to get another aid package to stave off the fall of the i.m.f. warrants the global economy is in a perilous state with the u.s. and e.u. close to falling back into recession.