russia urges the palestinian bid for statehood to be given floor time and the un security council as washington threatens to use its veto power against you know a roll move. 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 an isolated. and international team of inspectors sees progress in talks with greece while the i.m.f. warns the global economy is in a perilous state. they

want unity coming to life from moscow marina josh walked into the program well palestinians are taking to the streets of the west bank to show support for the early years bid to win you when recognition right now you're looking at live pictures from ramallah while president mahmoud abbas prepares to introduce the move on friday moscow has backed the bed saying palestinians deserve rights to present their case that's despite u.s. threats to veto the move. 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 the u.s. has threatened 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 stooge groups that they deploy in the middle east quartet which will not meet in the near future but of the recent meeting with the u.s. secretary of state hillary clinton because 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 stick to the negotiating table first. ready for it because there's no agreement between the. two koreas the palestinian at ministration of the rights to the u.n. security council to speak out on the street who did 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 twelve months later the u.s. of course is back pedaling and threatening to veto the aspirations of palestine also work for its 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 for u.n. membership but if this meeting does take place who knows maybe the story will shift into a much different here it's very important reporting from new york brian becker a prominent advocate of rallies against the war on terror told r.t. diplomatic pressure is just one of the means the u.s. is using to hold palestinian aspirations. there's no question that the obama administration and the democratic and republican party are bringing through congress is exerting pressure on the palestinian authority made me 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 the money was already cut in july it's a lot of pressure on opposed to means with 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 palestinians see a new possibility at the un for recognition of palestinian statehood. while u.s. might be defending israel's interest in the u.n. critics accuse washington of the exact opposite during the recent arab spring america has been outspoken in support of the liberation of muslim states but once that came into force in egypt israel was the first to pay the price of the regime change parties and he's now explains how the us has pushed tel aviv into isolation . democracy has a price the people of egypt have spoken. their voices have been heard in egypt will

never be the same and the new egypt embraced as a positive example of change the arab world by the west is not the only one page what is the biggest. what he's doing good your time there was a bit of security but now there's this as you can see on the streets israel has also been left hanging still wrote stability in neighboring egypt mixed with a massively unpopular israeli foreign policy makes a dangerous cocktail the case for change towards to its beautician was very slow so you had a lot of frustration on one side and then you had a lot of anger. exacerbated after the killing of the fighter jets and soldiers on. if intensity by israeli gunfire. shaking 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 our worse three demonstrators were killed and over a thousand injured in a map of this of the flu 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 heralded as egypt's new super hero flag man i was then built to protect the embassy but completely destroyed by protesters. with what remains that was brought home from the behind on repercussion of the movie is now moving in force too and he just suffocating it's already sued for freedom and in the return the us is strongest ally facing security threats as this new democracy is stuck in a spiral of uncertainty insuperably and sometimes chaos binyamin netanyahu called

the incident a near disaster being the verdict and might have a lot more work to do to avoid catastrophe in the future israel should worry about look at what's happening in to give egypt to then and border to. the states in the area which have no newbies but friendship with israel. obs with israel and its number one friend seems to be having trouble keeping up 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 being citizen have all the cards up their sleeve so so i think that's something that must weigh heavily on israel because when it comes down to eat. the u.s. stands to protect one thing. the basic problem you know i think with americans and with the western civilization in general the way that things is that it's become

too much about interests not really about humanity or about anything else it's really become a lot interests and. when interest is the main driver of things become missing in egypt could become a mass that israel will have to clean up these in a way archie. under way here in r t alive junk is their reality in afghanistan to find out why the need of calling is ignoring the viewing afghan drug industry which is claiming lives and actually helping fund the taliban. and international team of dead inspectors has decided it will return to greece next week to check on the country's progress and reaching its budget goltz evans hopes this will help when the release of the latest emergency loans greek authorities want to convince the debt inspectors they could meet strict budget targets as the country desperately needs the next eight billion euro bailout package without the

money the country could default within reach however no decision will be made until october the i.m.f. warned 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 italy by standard and poor's i don't feel and was michael ross believes that constant downgrades are always putting pressure on the world economy. also to take into account that there is a ground of currency war going on. from the rating agencies here in europe i mean what does it really matter one. central up psychologically it's really very very hard and in terms of currency war you have to see that there one two three. let fail the euro in order to keep the dollar and at the end of the day this equation will not be true both currencies who fail

in my opinion because europe and united states have more concerned 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 under big pressure so it doesn't have any of us if the i.m.f. says such things. economists michael says the e.u. crisis will have far reaching consequences for the global economy personally i mean a plus to a 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 in the united states. alsa look at some of the stories from around the world first to yemen where a much long for cease fire is come into effect in the capital of sana'a after three days of violence which killed sixty two people more than a hundred were taken to hospitals with rooms from gunfire and shelling the crackdown came despite reports the country's vice president could sign an initiative arranging a transfer of power something protesters have been calling for for months. and maybe an interim prime minister says the country's new government will be announced within seven to ten days and use your name during a press conference hosted by g eight foreign ministers and followed the welcome of libya's new leadership to the united nations meanwhile fighting in colonel gadhafi is remaining strongholds continues with former rebels claiming they don't crush the

resistance within the next few days civil war and media started in february and has reportedly claimed hands of thousands of lives. the u.s. state of georgia has the night a final appeal for clemency for prisoner on death row on the eve of his execution or nine hundred eighty nine murder of an off duty policeman no murder weapon was ever found and no d.n.a. evidence to or fingerprints conclusively linked from troy davis to the shooting most witnesses have also says change their testimony more than one million people worldwide have signed petitions for clemency amnesty international said georgia's discredited the justice system and war execute an innocent man they've us is due to face death by lethal injection on wednesday. to mexico now were gunmen have dumped the bodies of thirty five people on a roadway during rush hour in the gulf state of veracruz that they can use were

found in two trucks left near a shopping mall in a city of baku real police identified seven of them all had criminal backgrounds including store should own inside and drug trafficking but the real has become a frequent side of clashes between armed groups and drug related violence grows. russia's federation council the upper house of the country's parliament has elected a new speaker a former governor of saying that his birth budget might be a little now take up a post the close ally of prime minister about a report that was almost unanimously approved with only one senator opposing it president dmitry medvedev has congratulated the ngo wishing her success the new speaker have service at his birth governor for eight years. do you question r t live from moscow still look on the sour no more rush hour we travel to one place on earth where we're air pollution is a thing of the past and daily commute is of the light.

again a stands mourning the death of its former presidents who was a key negotiator with the taliban were dean rabbani was killed by a suicide bomber as 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 as destinations in afghanistan and the second taliban attack on kabul in a week to r.t. was the last chance to interview mr rabbani before his death he blamed the new york operations country for the young going civil war which has claimed thousands of lives. of people. of ghana's them to not want foreign troops to stay here we don't want to nation 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 ghana stan had managed to live for centuries without such in-fighting and if you watch more of that interview with the late mr rabbani on our website r.t. dot com. whatever landless taliban stepping up its attacks across afghanistan while their main sources of income is full bloom the country's infamous drug trade kills thousands of abusers worldwide while helping the insurgents combat the nato occupation but critics say the alliance has made little effort to rout out the deadly business during its ten year long campaign artie's it workers can operate ports around kabul. the penalty for drinking beer in kabul is 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 but it is a bridge in the center of the seat with the screaming and staring at them all in same conditions ways to rubbish being filmed wait here where we're standing right now this is just incredible sikh arrow in all. it's all cooked mixed injected or small but alright i'm on these piles of rubbish rotten meat and an indescribable room and not one policeman came you were near but that's not all we were told these people don't just come here to do drugs and many of them called us call pakistan and iran you can hear we don't have any job we don't have any anything to do if you can say for the war or you've had a bunch of you have a study commissioned by the u.s. department shows each family has at least one drug user all good charlie are found

in breast milk and all kids even newborns that morphine in their blood there's no doubt the period of contagion some with narcotic crops has increased since militant hostilities tartan. 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 you never get a step into a ball cleans the markets global trade. it has long surpassed the five hundred billion dollar mark a rush hour is one of the worst affected states with around eighty tons of heroin thought to a new settle in the country. it's tragic that despite the enormous resources nato has put into afghanistan including military force drug production is just phenomenal moreover the head of nato military committee personally told me fighting drug production is not their goal there was no such directive. and many experts find this a bit strange given the fact that a large quarter of the revenues from drug money is used to sponsor the taliban and

needles key enemy in the region meanwhile the international community and spends billions of dollars to fight afghanistan's drug traffic but since nato has no legal way to coordinate the funds are spent with very little positive result while officials say the multi-billion dollar afghan drug network has the whole world and its group you've got this kind of forty again a stack. well there is more on of problems with drugs in afghanistan are constantly updated website which is r t v dot com so check out one of our latest picture galleries shaadi and one of the most notorious hangouts for drug addicts a couple. also online for you the opposition and valorous famous for so-called silent protest is going back with with vengeance after a brief hiatus. modern city dwellers are all too familiar

with constant traffic jams 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 archy's accountable you could travel to the island of bergen for 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. from cars. in fact in the world's northernmost city being doctor is a year round phenomenon dogs were the only means of transportation around the archipelago until the mid one nine hundred sixty s. and why why now cars and snowmobiles have replaced them in many parts of the north here in sprays gergen. cooling the way say it's not only more environmentally friendly but also safer you can always rely on we to deal with called wild dogs

will never let you down. but most of the residents have no rest longer beyond robert wasn't born here. he moved in his mid twenty's spleen big city congestion in hopes of reconnecting with nature he says his g.p. finds he's barking female featureless is the major change in his life because it gives the dogs fit. the story beats the no. exercise every day so if you know when it improves with. going out training 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 and no last trick the local authorities have already closed some of the archipelagos routes to motorised traffic with more restrictions to cram. the law

being forced behind a partial car ban is very authentic also an avid dog lover she like it is driving to smoking invasive and damaging to the environment if there are no smoking areas why shouldn't there be no driving areas here small boats our country or you norway and many other places also here in the north. and i think today we are living in big tones we need the silent croom where we can leave all of what's around us in our normal days we need to rest our brain or the occupant only tries to attract more tourists some suggest that the current strictures may have a commercial appeal if people around you won't reporting increasing traffic fatigue many may be in need of a car free refuge like this russian traveler couldn't call ourselves and mostly white who endures hours long commutes to work sans the absence of honking horns

made here instantly fall in love with a place the most amazing moment i experience here on soul god is 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 job here and this would probably attract more and more tourists here i'm going to dance is obviously not an option for n.b.c. but here has definitely don't feel like a kid feel kind of like artsy along gibbie and spitsbergen archipelago. i'll bring your other recap of today's top stories in just a few moments before the other will take a look at what's happening in business with mari. hello and welcome to business here on araa to we start with russia's two major bourses the my sex n b r t s which are putting the finishing touches to their five billion dollar merger the new brand of

a combined stock exchange will be presented early next year but plans for an i.p.o. in twenty thirteen and i think is lower and it has the details. there are now new legal obstacles to the merger between the r.t.s. the meister 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 and index the trades mostly in equities and currencies and another index that trades mostly into riveted and that different technical platforms and nineteen person has already been appointed from the banking community and from the brokerage community and now from here until the end of december it's that the legal merger between the two indexes will be completed and also the merger of some of the markets during that time there be testing the systems they'll be synchronizing the industries in terms of and also they hate 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 loss of quality and also to integrate all those technological details bishan is to have a full set of financial instruments a full package of operations to be one of the exchanges and in the next couple of years to be in the top ten in terms of revenue first priority integration second priority to i.p.o. roundabout two thousand and thirteen obviously the overall goal of this is to make more secure into a global financial center and the c.e.o.'s of the r.c.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 now reached the lowest level against the us dollar in annoyance but the us love list of all of the banks is minimal intervention by the central bank could push the ruble back up. well prices are still very high reserves

are still very high the central bank is not spending those reserves so with time when markets see that situation they will come to terms with it. is probably has gone too far in terms of. weakness so my sense is that this approach of the central bank words limited limited preventions may actually. you know. giving. giving weight to. take a look at the markets now will start with oil prices are mixed this hour after seen some gains on tuesday escalating fears over the eurozone debt crisis are still keeping concerns over demand light sweet is currently trading close to eighty seven dollars for a barrel of all the brands blind as agents who are one hundred and eleven dollars

per barrel. in asian markets closed the mix as investors waited for the conclusion over to the u.s. federal reserve policy meeting european sovereign debt blows are weighing on sentiments and exporters were among the main gainers in japan with point six percent the company said it plans to double its first half of the evidence and banking stocks were under pressure in hong kong with his we see their own third of a percent that's more into europe markets there are in the red with banks leading the declines investors are cautious after wall street gave up its rally and as agreed that prices that lingers on the footsies losing points two percent of all the taxes point five. zero here in russia the markets have slipped into negative territory the r.t.s. is down why is your sense more than my sense is losing also point one let's take a look at the index movers on the my sex bill majors are again in this hour lou call is slightly up well ross nafta is. point two percent on news the company is

this cousin the possibility of building a joint or refinery in russia with china says the pac and food company russian c. is often present spy posting of fourteen million dollars that loss and the first half of the year and looking ahead marks in feel so from i have seen that report says optimistic investors should bet on banking and metal stocks in the long term. i would prefer to stay cautious in the sense and to keep some cash not trying to be some of. the supermarkets unpredictable and we are is no point three three for those investors who believe there is. only positive future in the need to or want some whatever it's worth doing. something good one needs to be some. metro. service to notice and.

the russian energy sector could see a new international investor as one of the rockefeller family farms and aims to buy the gas assets of the country as the biggest diamond producer of roast british empire special situations fund is interested in buying gas producers in the north of russia for an estimated price of at least one billion dollars it's already conducted in the diligence and plans to seal the deal by early twenty twelve however analysts say the fund is unlikely to become a significant player in the russian gas market rather it will sell the assets later on for a printer. and that's all the business is for that all the headlines are next to the marina.

the influence of the future and the weapons grade plutonium is turned into a vital new resource nuclear waste becomes a fuel friendly to the environment and energy outposts in light of the ends of the earth russian scientists lead the way in making these innovations a reality imagine a future free from peers a nuclear apocalypse the fisa revolution hommage energy phone technology update we've got the future covered culture is that so much of the candidates.