maybe her to marry collection among the clothes of the maidens hotel. medicine pundits. pundits. banging the drum for sovereignty thousands of palestinians pour into the streets of the west bank in support of a bid for statehood at the united nations. on hand in the palestinian city of ramallah where these cuban and any punishment on the street as people celebrate this historic occasion join me in a few moments when you will. president obama sets up a standoff with the u.n. general assembly the palestinians set to clash with a veto wielding us over a bid for statehood despite overwhelming international support. and the eurozone teeters under as rapidly. as with greece tried to speed up the i.m.f.

warning i knew were session is on the horizon. and in business while europe was struggling to sliding back into recession russia's finance minister it is minister is saying that the country will avoid the two thousand and eight will call for the two thousand and eight. year more in business and twenty minutes. it is i could have you with us this is the last from moscow with me. thousands of palestinians are marching all across the west bank to support their leaders and move to win recognition for their state the united nations there's an atmosphere of jubilation as government services and schools were closed to allow people to go out onto the streets and demonstrate he. is following events. it seem high so it's

right across the west bank is this major that some twenty thousand people have taken to the streets of ramallah people took off work the schools closed early i mean if this is a shutdown i'm standing in all manaul which is really the focal point of the trial there and in this area the businesses the shops and restaurants have been opened so that people can really celebrate with almost a clown a whole atmosphere now this does kick start three days of peaceful demonstrations of the palestinians from the start so they will be folding in the run up to the palestinian president mahmoud abbas making their third on friday for statehood at the united nations we've seen some of the such celebrations across the west bank in hebron there were an estimated seventeen thousand people turning out because he's in carnivals today and some of the scenes unfolding in basically him and in nablus they want to isolated incidents of violence that did change it will have these had the potential to modern day one in colombia checkpoint not stop and here it was a little bit of violence in hebron the both of those have been brought under

control and the people i've been talking to say that not only do they have a commitment to holding peaceful demonstrations but certainly to have a commitment to making sure that this historic moment on the world stage is seen and felt by everyone in the international community for the israeli army certainly has the painful violence the what many say is that almost in this case the ration it's almost encouraging if one can say that the violence that happened for several months is made the army has been undergoing an operation called operation some esteem and this is called this here that these peaceful demonstrations that the palestinians say they will hold could erupt into stand into violence but their eyes not only on the kind of union the israeli army also has their eye i'll meet roughly half a million israeli state is just yesterday there were a number of demonstrations by israeli state says across the west bank in the thick of themselves adamant that they will not allow the palestinians to do what they say take over this and now we are hearing initial rumors that some kind of deal has

been. i'm fifteen we do not have confirmation and he did not have the details of the heat but what we do understand is that the palestinian president mahmoud abbas might on friday the hill making his bid for statehood i didn't think of asking for the boat to happen at the same time he might delay that until potentially sometime next year if indeed this is the case it means that in there he can and is maybe pressure on the palestinians has come to basically a certain extent. he's up on the sleep walking right now the showdown over palestinian statehood is set to dominate the u.n. general assembly but the majority of the international community including russia ready to support the bit on the u.s. promises to veto the move unless the palestinians and israelis relaunch peace talks let's get some more details now it's marty's marina live in new york a lot of talk on the sidelines ahead of this palestinian statehood bid president obama just telling the u.n. general assembly there will be no short cuts where we stand at this point.

that's right u.s. president barack obama did address the international body and specifically addressed the issue at issue of palestinian statehood the u.s. leaders said that peace will not come through statements or un resolutions and that united nations should be encouraging palestine and israel to get back to the negotiation table this is basically a way that he was saying that the united nations no resolution no vote upcoming vote on palestinian membership will help the situation in any way and as we have been reporting the united states has said outright that it will veto palestinian membership the united nations a campaign that's been going on for quite a while the majority of u.n. member states hundred ninety three of them a majority of them do support palestine on its u.n. membership and statehood and that includes russia russian's foreign minister sergei lavrov did address the press say that while it's preferred for palestine and israel

to get back to the negotiation table first the united states should not use its veto to block the aspirations of the palestinians or any other country and as we know the u.s. said that it will do so pallas palestinian leaders are expected to officially submit their their request for u.n. membership this friday. brings up the data regarding what the latest u.n. . well clearly more heads of state will be addressing the united nations on their vision to bring peace and security to the world but the issue of policy is one that's going to continue to dominate all the discussions u.s. president barack obama will be meeting one on one with israeli prime minister benjamin netanyahu and shortly after he will be meeting one on one with palestinian president mahmoud abbas so he will be talking to both of them what many believe is that the u.s. is trying really hard to prove that the palestinian campaign for

a u.n. membership or at least stall it so the u.s. would not be forced to cast a veto. live in new york boston. u.s. is israel's biggest supporter of the united nations but its backing for the arab spring it threatens to leave its main the middle east ally in total isolation america got behind the muslim movements for democracy the new regime in egypt has left israel picking up the pieces of broken relations and he's now explains. democracy has a price 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 the interest of the us you know. doing good your friends there was a bit of security but now there's this as you can see 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 this 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 protection soldiers on egyptian territory by israeli gunfire. taking out 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. michelle but 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. that 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 behind all repercussions a militancy away is now being enforced here in egypt suffocating it's already asserted freedom and in the region the u.s. is strongest ally in basic security threats as this new democracy is stuck in a spiral of uncertainty instability and sometimes chaos. benyamin netanyahu called the incident a near disaster being averted might have a lot more work to do to avoid catastrophe in the future is really should look look at what's happening in egypt two very important states in the area would choose to have not only please put 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 netanyahu and others at this point that certainly would be americans are holding the citizen have all the cards up their sleeve so so i think that something that most we have only on israel it was because when it comes down to with the us tends to protect one thing in the end the basic problem here i think with americans and with the western civilization that we think is that it's become too much about interests not not really 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 mass that israel will have to live with and he's now a r t cairo. get some more views on this from joel rubin from the national security network

a social member vitalizing us security policy so i thank you for joining us today so ever since the start of the arab spring the u.s. has been trying to balance making friends in the arab world with reiterating its support for israel in your view as it managed to please both sides. it's a very hard position to advocate clearly and the president even today at the u.n. general assembly spoke eloquently about the need to support the arab democracy movements and also israel security. both sides on this issue in domestic american politics when the president to lean more towards israeli security or against. democracy in the case of palestine they're having difficulty getting everybody together and in support of this so this is having difficulty getting everybody supporting this type of position but we have overwhelming support for palestinian statehood all around the world not just at the u.n. at this point apparently america and israel the only ones who are really putting up

a sort of looks here but as you were saying moments ago in his speech at the u.n. obama reiterating his support for talks between israel and the palestinians as opposed to the uni lateral bit but in cases such as libya and syria the u.s. has been pushing for u.n. resolutions why i think double standards. well the united states has a long standing policy of support for a palestinian state and this president more than any other president in recent history and actually in history of the arab israeli conflict has spoken to that end goal that there must be an independent sovereign palestine and the concern that the white house has is that they are going to watch a sort of train wreck happen if the palestinians declare statehood at the u.n. that the israelis will reject it and it will actually set back to plough mysie so they're concerned by real realities coming out of israel real political reality different from libya and syria in the u.n.

because in the case of libya we've seen. a regional response hording the rebels and now the government of libya as well as the united nations and in the case of syria going that route to nations has been supportive of putting pressure on syria but the political reality of israel's response is very concerning to the white house and let's talk about the issue of israel not of isolation israel's main allies in the region and egypt ton bed backs on the jewish state while the upcoming vote on the palestinian bid threatens further isolation at the end of the day when will this ultimately leave israel do you think. it concerns here israeli policy makers and people in washington who focus on the middle east and look at israel as a core ally of the united states which it is growing isolation of israel because of the turkish moves the egyptian moves jordan the israeli government's. difficult rhetoric and its refusal to acknowledge or apologize for. the marmara

incident turkey that killed nine turks all these tensions harm american interests in the middle east and in the region as a whole. israel's security in a more difficult space and i mean it's of deep concern the u.s. wants to turn the page on the past decade of tensions and support democratic development in the arab world having these new security related issues like in egypt and with turkey these are not good for long term american interests what i mean let's talk about long term american american interests and in fact america's global profile i mean if the u.s. running the risk of isolating itself if they continue to oppose the palestinian bid especially considering the overwhelming global support for the me. i think the united states recognizes that there is overwhelming global support for this and the united states the obama administration to support the palestinian

state and they do know that they will be embarrassed at the u.n. if the vote goes forward they're trying desperately to get the palestinians to not ask for a vote perhaps president abbas will submit petition but it won't actually go towards trying to find some face saving way forward so they can move towards negotiations because yes it will be very embarrassing for the united states to be in such a small minority after that type of especially when the end goal they share with the palestinians. from the national security network live in washington many things . plenty more for you this hour here on r.t. including the tough life of a junkie in afghanistan a look at how almost every family living in the world's biggest producer of opiates is dealing with the scourge of narcotics on a daily basis. now a quarter past the hour here in moscow the international monetary fund has issued a grave warning for the global financial outlook the most severe since two thousand

and eight the lending giant is pessimistic over world growth and let us say eurozone lawmakers act quickly meanwhile ministers in debt ridden greece are set to discuss how to speed up budget cuts to secure vital i.m.f. cash without the eight billion euro bailout the country will default next month now this comes as european commission inspectors plan to return to athens to assess the progress in reducing debt letter writer peter thiel says the actions of europe's banks and the rapidly mounting debt is dragging down the entire. unless the banks are helped out by their own governments what is called recapitalize in other words given new money lent 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 seem to fail and not prepared to learn from each other then we have another we

have a repeat of the credit crunch where if banks don't lend to each other they also can't lend to businesses and that is what then leads to recession or possibly even it's very difficult to trace who actually holds that debt and even if you can freeze that rather than insurance companies but in a sense have insured the banks against before with a very quick actually afford to pay out is another question again again put doubts in the minds of investors in the minds of certainly of bondholders most. it's worth going on hold. and that was a financial writer peter billed with his assessment of the euro zone's ongoing that was. hundreds of gathered in kabul to mourn the assassination of former afghan president burhanuddin rabbani turkey thinker and current peace talks with the taliban was killed at his home by a suicide bomber who had explosives hidden inside his turban

a special ceremony will be held at the presidential palace before his body is taken to his home province in the northeast of the country the killing was the latest in a string of high profile assassinations including the murder of president karzai half brother in july much of the violence has been carried out by the taliban boosted by income from the drugs trade which continues to flourish afghanistan is the source of the vast majority of the world's heroin and critics say that nato has turned a blind eye over the ten years it's been in the country now it seems that you've got a percent of reports from kabul where drug abuse is rife. 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 drugs right there but it is a bridge in the center of the seat with the coming and staring at them. in same conditions ways then rubbish being thrown in wait here where we're standing right

now this is just incredible seacat heroin marijuana it's all cooked and mixed injected or smoked all right i'm on these piles of rubbish rotten meat and an indescribable aroma and not one policeman anywhere near that not all we were told these people don't just come here to do drugs and many of them call this core pakistan and iran candy and we don't have any job we don't have any editing to do if you can say for the war i did. a study commissioned by the us state department shills each family has at least one drug user all beers are they are found in breast milk and all kids even new wars have morphine in their blood there's no doubt that the area of countries and some with narcotic crops has increased since military hostilities start and. i believe that the war was the root

cause that forced afghan people to turn to poppy growing around ninety percent of all the opiates in the world are produced in afghanistan interpol cleans the markets global trade turnover has long surpassed the five hundred billion dollar mark russia is one of the worst affected states where around eighty tons of heroin thought to a newly settle in a country like. 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 fine. drug production is not their goal there was no such directive. i mean the experts find this is a bit strange given the fact that a large part of revenues from drug money is used to sponsor the taliban needle skee enemy in the region meanwhile the international community and spends billions of dollars to fight of the drug traffic but since nato has no legal way to coordinate

the funds are spent with very little part of the resort while official say that multi-billion dollar drug network has the whole world in its grip you've got to screen all of our key kabul afghanistan where you can check out r.t. dot com for more on that many other stories including. canines of banished to the dog house and city hall but activists are bearing the c r t v dot com. i know tea party is on reason must die the new video game that gives you the chance to gun down sarah palin and her flesh eating republican friends our website tells you. russia's federation council that's the upper house of parliament has elected a new speaker the former governor is now taking up the post but i do you know it was almost unanimously approved with only one sentence a sting is the first time in russian history of woman has held the country's third

highest elected office when you speak there have been some people for eight years the federation that council post became vacant in may when it's sort of game just russia party leader was recalled by the legislature. twenty two minutes past the hour here in moscow that's a check out the world out date now here on the violence has broken out between police and immigrants freeing an overcrowded holding center on the italian island of lampedusa officers in riot gear used clubs against detained refugees who are making a break for freedom and the island has been overwhelmed by more than forty thousand to museums and libyans fleeing the violence back home. two american men jailed in iran of charges of spying have been freed after a million dollars bail was approved by the courts the release of the men had been postponed because it required to sign the release forms was off on holiday before

bail was secured shane bauer and josh fattal have both been facing eight years in prison and they say they mistakenly crossed into iran while trekking in northern iraq back in july of two thousand and nine. security forces were fired mortars at anti government protesters in the yemeni capital sanaa killing at least three people fighting broke. that was agreed upon overnight after three days of bloodshed almost seventy died since sunday when a crackdown on the regime protests was renewed all this despite reports the vice president is considering a transfer of power and that's a key demand from demonstrators. all right there with us now is here with the latest from the wealth of this. hello and welcome to the business while many european countries are struggling to contain their deficits russia is set to have a balanced budget this year and additionally the finance minister says inflation

will be a record low seven percent and in terms of growth alexa could trend predicts russia will have fully recovered from 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 ribbon units returned to pre-crisis levels only in about three years that's following a cult in texas and low incomes in the energy sector despite high oil prices but we have no doubt that this year the budget will be met for the first time we will not be running a deficit. that's a quick check on the markets oil prices are higher this hour the market has gone between growing expectations of more stimulus measures from the u.s. federal reserve and growth provisions whites which currently traded at ralph's eighty seven dollars per barrel while grant is that one hundred twelve dollars.

stocks are little changed so fires investors are of course awaiting a fed reserve announcement that may signal more stimulus for the world's largest economy. and european markets are in the right with banks leading but appliance investors are cautious after wall street gave up its rally and as the great debt crisis lingers on traders are also awaiting the outcome of the u.s. for results using later today as we said widely expected to deliver some new stimulus for the u.s. economy the footsie is losing more than one point seven percent under. two and a half percent down. and here in russia the markets finished in the rut both arches in the might six shed run one percent let's have a look at some of the individual share moves. my six majors are down the sour gas from the last one left finished dollar just under two percent on the news the company is discussing the possibility of building a joint oil refinery in russia with china. over turkey more than two percent lower

after a hike and pipeline transportation costs for gas for independent producers. subsidies straight for us. so they were free. to do everybody is and we do what we do for for growth. we will generally serve the grecians a very attractive of the rovers talk circles. also stocks. nobody is sure. i mean. this is the age russian presence of boring corporate. along with the you to your. needs for six months remains the subject to be consumed me most people. sitting and gosh we dream of doing very little. and in other news germany is the plans to invest one billion euros in its business in russia and the next four here it's the

business software firm is also planning to boost revenues in the region to one billion euros by twenty fifty and i think he says it's trying to catch the wave of an i.t. boom in russia spending on technology is expected to increase several thousand coming years. but these problems in russia have just caught a looking worse the minority shareholders in the company's russian venture t.m.p. b p have doubled their compensation claim for these attempts to form an alliance with it now they want five billion dollars they put down to a clear understanding of the damage caused by b.p. spill but just shares and explore the arctic of course net but minority shareholders claim you lost potential income by being locked out of the deal with russia's biggest oil for the first court hearing a shuttle to happen in. that's all we have time for now enjoying unless someone has

time for another business someday so do stay with us. to. the back to. the. culture is that so much given to each musician to find out if it's true keep any of the geopolitical order in the middle east and is an anchor making

a bid to play the role of the regional hegemon on the back of. the be. the best simply the be . the be. the be. wealthy british style. sometimes the zeitgeist.