the palestinians a bid for statehood faces a strong opposition from the united states but other members of the international community say they deserve to make their case for a seat at the u.n. . and caring when my life palestinians are taken to speak. to the media from economists and from the world body. israel faces the fallout from america's outspoken support for the arab spring as middle east alliances are written by incoming regimes. and the outlook for the greek economy continues it's a dark and with no sign that stabilization methods are working and the i.m.f. warning that the e.u. and us we could be facing another recession.

a very warm welcome to you this is r.t. live from moscow with me. thousands of palestinians are marching all across the west bank to support their leaders a move to win recognition for their state at the you and there's an atmosphere of jubilation as a government services and schools were closed to allow people to go out onto the streets and demonstrate. now she's been following the developments for us. celebrations really have to excited here in palestine i'm in the west bank city of ramallah which is several hours now thousands of people have taken to the streets israeli in this part of the atmosphere here it's as if the united nations that is a done deal there was some of the celebrations happening in hebron and in bethlehem and in a number of other cities across palestine talking to people here they say there dictates

a palestinian struggle has not resulted in palestine really recognized by the international community now they want flags everywhere the posters of these two missing a leader yasser arafat is what is the current palestinian president mahmoud abbas and just about every building cars are going up and down the road shooting the schools have closed down the building the the government buildings have shut early and this really marks what will be at least sweeney days of peaceful protest celebrations and commemorations across the west bank all culminating in that you were invited on friday talking to kind of syrians on the ground here is a lot of anger being expressed naturally against israel but also the united states because both israel and the united states the seven months not has been putting pressure on the palestinians to try and stop this palestinian but for statehood at the same time the israeli army has conducted what it calls operation fantasies this is now an operation that looks at specifically dealing with any kind of violence of

all out on the palestinians would not have spent time in the israeli citizens and they stages have been preparing themselves if he was even training from the i.d.f. they've been receiving non-lethal weapons such as tear gas and they're really preparing for some kind of clashes just yesterday they were marching on how to sing in cities in a show of support on their side now we've just been hearing rumors of a great through and we understand that if this is true there was some kind of deal on the cards that would see the palestinian president mahmoud abbas presenting the palestinian but the state on friday but not pushing for a vote on the same day and that. might even be intimate until sometime next week i can't afford to keep me this is true the united nations bank will not place for a vote. on some answers that still. doesn't address. this. poll a sliver of their reporting from ramallah of course is whether palestinians are

marching in support of the u.n. that statehood. or the showdown over palestinian statehood is set to dominate the u.n. general assembly with a majority of the players including russia ready to support a bit the u.s. meantime promises to veto the move unless palestinians and israelis relaunch peace talks. she has more now 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 the right and 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 play in the middle east quartet will not meet in the near future with a recent meeting with the u.s. secretary of state hillary clinton has shown that the u.s. would not like to see the palestinian question raised at the u.n. we think that it would be preferable just to do the negotiating table first but both sides are not ready for it because there's no agreement between them. to prove the palestinian ministration of the right to ask the u.n. security council to speak out on each string to debate and he knew 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 how this time 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 were 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 one knows maybe the story will shift into a much different here. that is more important reporting right now american and israeli efforts have so far failed to sway us i think the activist brian becker says the u.s. is ready to use every bit of its influence to stop palestinians from gaining statehood throughout the u.n. there's no question that the obama administration and the democratic and republican party through congress is exerting pressure on the palestinian authority making it clear that the palestinian authority will be cut off will be deprived of the funds necessary to pay up palestinian authority employees as has already happened much of

the money was already cut in july 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. in the west bank and gaza and the growing international support that makes the palestinians see a new possibility at the u.n. for recognition of palestinian statehood. the u.s. is israel's big supporter united nations but its support for the arab spring threatens to leave its main middle east ally in total isolation america and muslim movements for democracy the new regime in egypt has left israel to pick up the pieces of broken relations in our ports. 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. the price you're. 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 the massively unpopular israeli foreign policy makes a dangerous cocktail. the pace for change towards those prediction 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 egyptian soldiers on egyptian territory 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 hours three demonstrators were killed and over

a thousand injured. mission this situation can get worse for israel not for us which is starting to get stronger this is not a negative thing for us but a plus. but the protester who took down the israeli flag at the embassy in august was hailed as egypt's new super hero flagman a wall wasn't built to protect the embassy but completely destroyed by protesters. this is what remains i doubt that but i think that behind all repercussions american film is now being enforced to an egypt suffocating it's already asserted freedom and in the region you want to strangle our. basic security threats as this new democracy is stuck in a spiral of uncertainty instability and sometimes chaos. benyamin netanyahu called the incident and near disaster being averted might have a lot more work to do to avoid catastrophe in the future israel should worry about

look at what's happening in egypt two very important states in the area would choose to have a 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's security it must occur to me and others at this point that certainly being americans are holding the. have all the cards up their sleeve so so i think that's something that must weigh heavily on israel at this point because when it comes down to it the u.s. tends to protect one thing in the end the basic problem here i think with americans and with the western civilization kennington or all that we think 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 has been mean bribery things become

messy and egypt could become a mess that israel will have to live with and he said now r t cairo. just turning eleven minutes past the hour here in moscow a plenty more to come here on our including the tough life of a junkie in afghanistan look at how almost every family living in the world's biggest producer of opiates is dealing with the scourge of narcotics. in the u.s. state of georgia ignores pleas from all around the world has to execute a death row prisoner convicted on questionable evidence so those details coming your way are just in a few minutes here on r.t. . ministers in greece are thirty discuss how to speed up a budget cuts to secure vital i.m.f. and cash without that money the country will default next. month has come as the european commission inspectors a plan to return to athens to assess the progress in reducing debt now if they decide that greece can meet its targets they would then give the green light for

the country's next tranche of an eight billion euro bailout meanwhile the i.m.f. has warned the eurozone and the u.s. that they're in danger of a new wave of recession unless lawmakers act quickly financial writer peter bill that says the actions of europe's banks and the rapidly piling up that is bringing the whole region guile. unless the banks are helped by their own governments what is called recapitalizing other words given new mali. new money in order to beef up their capital and of course there would be serious doubts about the credit worthiness of the banks and that is really i think what governments are most worried about because if the banks are seemed to fail are not prepared to loan to each other and we have another we have a repeat of the credit crunch. they also can't lend to businesses and that is what they're in leads to recession or possibly even it's very difficult to trace

who actually holds that debt and even if you can freeze that there are other and insurance companies that in a sense have insured the banks against a default with a very quick trigger for payout is another question again again put doubts in the minds of investors in the minds of certainly of bondholders as to whether it's worth going on all of. that was a financial writer peter build with his assessment of the euro zone's on going there were. hundreds of gathered in the afghan capital to mourn the assassination of a bull hundred in a row bunny he was that he thinks peace talks with the taliban a special ceremony will be held in the presidential palace before the body is taken to his home province in the northeast rabbani who left afghanistan during the nine hundred ninety s. and was killed at home by a suicide bomber who had explosives hidden inside his turban it's the latest in a string of high profile assassinations in afghanistan and the second taliban

attack on kabul in just a week we were the last channel to interview mr rabbani before his death he blamed nato as occupation of the country for the ongoing civil war which has claimed thousands of lives. the people of afghanistan do not want foreign troops to stay here and we all 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 in the entailing 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 the understand had managed to live for centuries without such in-fighting. what they're about is the last thing you know for on our website i think. now as the relentless taliban forces widen their attacks all across afghanistan one of their main sources of income flourishes the country's infamous drugs trade is

a link to the deaths there was one hundred thousand users worldwide every year as long funder the country's insurgents but critics are saying nato has over its ten year afghan campaign it turned a blind eye to the deadly business. off our reports from kabul. the penalty for drinking beer in kabul is sixty words on the back publicly it is a very traditional muslim society or is it there are dozens of people if not more for human rights right there are others a bridge in the center of the city with these coming and staring at them these insane conditions we then rubbish being thrown away here where we're standing right now this is just incredible seeker heroin all. it's all cooked and mixed injected or small to right arm on these piles of rubbish or rotten meat and an indescribable aroma and not one policeman anywhere near the baths at

all we were told these people don't just come here to do drugs and many of them call the scorm pakistan and candy and they don't have any jobs they don't have any i think you do if you can pay for the war or you have a bunch of these health study commission where you are seen people aren't sure as each family has at least one drug user all gears are found in breast milk and all kids even newborns that morphine in their ward there's no doubt that the area of plantation someone with a narcotic crops has increased since military hostilities started and. 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 into a bald. the markets global trade war has long suppressed the five hundred billion dollar mark or russia is one of the worst affected street 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 is no such directive. me experts find this is a good stream given the fact that a large pool of revenues from drug money is used to sponsor the needle ski enemy in the region meanwhile the international community spends billions of dollars to fight afghanistan's drug traffic but since the needle has no legal right to coordinate the funds are spent with very little positive results well officials see the multi-billion dollar drug network as the all ruled it is a group you've got to. kabul afghanistan ideogram and you can also check out our team talk on for more on that and many other stories including moscow's canines are

banished to the dog house and a new purge by city hall however activists are baring their teeth more party dot com. tea party is zombies must die and the new video game gives you the chance to gun down sarah pailin and flesh eating republican friends their website tells you more and. the u.s. state of georgia has denied a final appeal for clemency for a person on death row just on the eve of his execution the nineteen eighty nine murder of an off duty police no word american weapon rather was a ever found no d.n.a. evidence or fingerprints conclusively linked troy davis to the shooting and dorothy of witnesses have also since changed their testimony more than one million people worldwide have signed petitions for clemency a missing international georgia's discredited the justice system and will execute

an innocent man michael starke who is part of a campaign to end the death penalty and says the execution will be a crime in itself. this idea that somehow we can get the death toll the right whether it's in texas or florida or in georgia were troy davis is is a complete complete sham and the idea that somehow that this is justice that's. how it's going on in georgia is. justice as i was also ashamed it's not justice to it's a travesty in choice favor of the senate where bill leader of the democratic party in the senate called for actual resistance among the corrections to the execution along with the southern center for human rights a prestigious law firm in georgia you know the voices of choice supporters keep growing there are a whole range of decision makers in this case whether it's the numerous courts that have the power to intervene whether it's the da in the case or whether it's georgia board of pardons who actually has the power to reconsider or a horrible decision so the chain always breaks up the weakest link i can't predict where it is but as activists we're going to keep pressing and pushing to make sure

that justice is served. all right and i twenty minutes past the hour here in moscow russia federation council the upper house of parliament preselected a new speaker the former governor of some pages of olympian young has now taken up the post it's the first time in russian history that a woman has held the country's third highest office. over reports on. one hundred forty one senators that's over eighty five percent of the federation council supported the candidacy timothy young kids today no one opposed the decision and one person abstained from the books and so from now on the three young kids officially the new speaker of the upper house of the russian parliament this position became bait in may this year x. speakers give it all up was recalled by the legislative assembly of sun pittsburgh now that intimacy and people have to move from something just broke to more skill which is going to be somewhat of a hard decision to make as she herself but meets because for almost fifty years she

and her family had lived in some places and from two thousand and three she had been the governor of russia's oldham capital if your popularity sank over the past few years because of your own portable support of several construction projects and the way he simple services operated in the city but there are qualities as a manager. as a leader out there is hard to underestimate the look for example at the city budget . of two thousand and three when she only got the job it stood at some two billion dollars and the day that she leaves her position her post as governor of the city budget is over ten billion dollars. over reporting right there in just a few moments now i hear a lot see the business of the international world up later let's check out some of the headlines two american men jailed in iran of charges of spying have been freed after a million dollar bail was approved by the courts the release of the men had been postponed because

a judge required to sign the release forms was on holiday before the bail was secured shane bauer and josh fattal have both been facing eight years in prison they say they mistakenly crossed into iran while traveling in northern iraq back in july of two thousand and nine. one of the last remaining strongholds the city of somebody is now fully controlled by the national transitional council but fighting does continue in the cities of bani walid and sirte libya as an interim prime minister a government will be in place within seven to ten days the nation's new leaders already welcomed the united nations. a cease fire is holding in the yemeni capital despite bursts of gunfire thousands of anti-government protesters have been camping out. at this point have been reported a cease fire came into force on choose day after three days of bloodshed that left well over sixty the crackdown came despite reports the country's of vice president

could sign an initiative for a transfer of power that's something the protesters have been calling for for months. a powerful typhoon has struck japan pounding tokyo area with heavy rain leaving at least five dead it's now headed towards the fukushima nuclear plant which was of course at the center of a radiation disaster. following a march tsunami across japan and more than a million people were to flee their homes which are at risk of flooding and landslides but it already this month another storm devastated japan leaving some one thousand dead or missing. are you up to date on the main headline for an r.t. but please stay with us now the business with you. hello and a very welcome to the business of date while many european countries are struggling to contain their deficits russia is set to have a balanced budget this year in addition the finance minister says inflation will be

a record low seven percent and in terms of growth and it's a quote friend predicts russia will have fully recovered one of the two thousand and eight financial crisis by the end of this year. russia's g.d.p. will reach pre-crisis levels by the end of this year but state budget riven news will return to pre-crisis levels only in about three years that's following a cutting taxes and low incomes in the energy sector despite high will probably since we have no doubt that this year the budget will be met for the first time we will not be running a deficit. and despite russia's apparently healthy budget position the ruble has been falling sharply it's currently at a ten month low against the dollar but your slightly smaller could do which of banks there's minimal intervention by the central bank could push the ruble back up . world prices are still very high reserves are still very high. bank is not

spending those reserves so what time when markets see that situation will come to terms with. is probably has gone too far in terms of. weakness so my sense is that this approach of the central bank towards limiting limiting its interventions may actually. really were. giving. giving away too. but for the look at the markets now world prices is down this hour after seeing some gains on tuesday the eurozone debt crisis continues to fuel fears demand will be cut like twitter is currently trading at around eight to six dollars per barrel while branches at one hundred ten dollars a barrel. and european markets are in the red with banks leading the declines investors after wall street gave up its rally and as the greek debt crisis lingers

on the sea is losing up one percent while the debt says sharing one point six percent and here in russia the markets have slipped into negative territory the r.t.s. is one percent down while the most it says losing about half a percent let's have a look at some of the individual share moves from the my six majors a down the some we'll call them is losing just a notch while rosneft is shedding about one percent. after the company says discussing the possibility of building joint all refinery in russia with china soon up but and which company russian sea is just quite posting forty million dollars net loss in the first half of the here. germany is a sleepy place to invest one point only euro's in its business in russia and c.i.s. over the next four years the business software firm is also planning to boost revenues in the region. to one billion dollars i twenty or fifteen as it's try to

catch the wave of an i.t. boom in russia and spending on technology is expected to increase several fold in coming years. b.p.'s problems in russia have just gotten a little worse the minority shareholders in the company's russian venture to. double their compensation claim for b.p.'s attempt to form an alliance with ross net the now blocked five billion dollars they've put their down to a clear understanding what the damage caused by the fees failed to support shares and explore the arctic with rosneft minority shareholders claim to be lost potential income by being locked out of the deal with russia's biggest oil from the first court hearing a shuttle to have been in early october. that's all they have time for not joining me for another business update in less than one is time and get more stories and analysis from our website our to dot com slash business.

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coverage wealthy british style. but i'm not surprised. that. markets why not. find out what's really happening to the global economy in these kinds of reports on r.g.p. . the littlest. moves it's. just so.