sliding back into recession russia's finance minister. is saying the country will avoid two thousand and eight from the two thousand and eight financial crisis by the end of the year more in business in twenty minutes. it is good to have you with us. from moscow with me. thousands of palestinians are marching all across the west bank to support their leaders move to win recognition for their state at 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. following events. it's being high so it's right across the west bank is this to make sure that some twenty thousand people have taken to the space of a much less people took off work the schools closed early

a million businesses shut down i'm standing in all minot which is really the focal point of the mind and in this area the businesses the shops and restaurants have been opened so that people can really celebrate what is almost a clone of the atmosphere now this doesn't kickstart three days of peaceful demonstrations of the palestinians on the spot says they will be folding in the run up to the palestinian president mahmoud abbas making their bid on friday for statehood at the united nations we've seen coming at such a celebrations across the west bank in hebron there were an estimated seventeen thousand people turning out for parties in qana bills today some similar scenes unfolding in bethlehem and in nablus they wanted to isolated incidents of violence that did change it will have the potential to modern day one in kalandia checkpoint not far from here it was also a little bit of violence in hebron the both of those who've been able to control and the people i've been talking to say that not only do they have a commitment to holding peaceful demonstrations but certainly they 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 so he has been preparing for violence for what many say is that we must in this paper ration it's almost encouraging if one can say that the violence has happened simple month israeli army has been undergoing an operation called operation some esteem and this is what they say that these peaceful demonstrations of the palestinians say they will fold could erupt into state into violence but their ideas not only on the palestinians the israeli army also has the i meet roughly half a million israelis stitches just yesterday there were a number of demonstrations by israeli states and across the west bank in the fifty's themselves adamant that they will not allow the palestinians to do what they say take over their land now we are hearing initial rumors that some kind of deal has been. struck behind the scenes we do not have confirmation we do not have the details at the gate but what we do understand is that the palestinian president mahmoud abbas might find

a be still making his bid for statehood but instead 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 america can and is waiting on the palestinians has come to basically a certain extent. paula slee reporting 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 of the u.s. promises to veto the move unless the palestinians and israelis relaunch peace talks let's get some more details now on this marty's marine aboard 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 do 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 the united nations should be encouraging palestine and israel to get back to the negotiation table this is basically a way that he would say that the united nations no resolution no vote upcoming vote on allison a new and membership will help the situation in any way that as we have been reporting the united states has said outright that it will veto. palace today and membership to the united nations a campaign that's been going on for quite a while the majority of the 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 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 policy palestinian leaders are expected to officially submit their their request for u.n. membership this friday. brings up the data regarding what the latest offering the 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 of palestine is one that's going to continue to dominate all the discussions the 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 prevent 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 to boston. u.s.

israel's biggest supporter the united nations but it's backing for the arab spring threatens to leave its main the middle east ally in total isolation america got behind the muslim movements for democracy but the new regime in egypt has left israel picking up the pieces of broken relations. 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. you know. doing good your times there was a bit of security but now there's this 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 us beautician 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 rejections 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 but still 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. for the protester who took down the israeli flag at the embassy in august was hailed as egypt's new super hero flagman a wall was then built to protect the embassy but completely destroyed by protesters

. this is what remains i doubt that but everything that behind all repercussion of emergency all mail is now being enforced here in egypt suffocating it's already served freedom and in the region the u.s. a struggle by those six 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 israel should worry about look at what's happening in turkey and egypt two very important states in the area which used to have not only peace but friendship with israel today be 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 be

americans are holding the. have all the cards up their sleeve so so i think that something that must weigh heavily on on israel it does 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 the americans and with the western civilization kennington or all the way they're handling things 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 neighbor vitalizing us security policies 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 has 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's security it's. both sides on this issue in domestic american politics one the president to lean more towards israeli security or against arab democracy in the case of palestine they're having difficulty getting everybody together in support of this issue having difficulty getting everybody support in this type of position but we have overwhelming support for palestinian statehood i want to around the world not just at the u.n. at this point to apparently america and israel the only ones who are really putting up a stop loss here but as you were saying moments ago in a speech at the u.n. obama reiterating his support for talks between israel and the palestinians as

opposed to the uni lateral bid but in cases such as libya and syria the u.s. has been pushing for u.n. resolutions why why the 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 powerless stein 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 poesy 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 now the government of libya as well as the united nations and in the case of syria

going that route united 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 i talk about the issue of israel and that of isolation israel's main allies in the. turn their backs on the jewish state while the upcoming vote on the palestinian bid threatens further isolation at the end of the day when with us ultimately leave israel do you think. it's a deep concern to 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 israeli governments often difficult rhetoric and its refusal to acknowledge polish eyes 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 and puts 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 tension 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 america american interests and if america is a global profile i mean if the u.s. running the risk of isolating itself if it continues to oppose the palestinian bid especially considering the overwhelming global support for the me well i think the united states recognizes that there is overwhelming global support for this and the united states the obama administration to supports a palestinian state 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

a petition by the it won't actually go towards a vote 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 thanks . plenty more for you this hour here on r.t. 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 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 unless u.s. and 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. and cash without the eight billion euro bailout the country will to fall next month this comes as european commission inspectors plan to return to athens to assess the progress in reducing debt financial writer peter bill 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 or 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 are not prepared to learn to each other and 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 deeper

it's very difficult to trace who actually holds that debt and even if you can trace that there are other insurance companies that in a sense have insured the banks against a default with a very quick actually afford to pay out is another question again again. doubts in the minds of investors in the minds of certainly of bondholders as to. it's worth going on. and that was a financial writer peter billed with his assessment of the euro zone's ongoing death. hundreds of gathered in baltimore the assassination of former afghan president but handled in a funny the key thing here 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 what is your thought of pissing off reports from kabul where drug abuse is rife. the penalty for drinking beer in kabul sixty whips on the back publically it is a very traditional muslim society or is it there are dozens of people if not more for doing drugs right there all of this bridge in the center of the city with the wall you see coming and staring at them all these insane conditions we then rubbish being through fuel we were steaming right now this is just incredible to see. here all in all. it's all cooked mixed injected or small on these piles of the

rubbish the rotten meat and indescribable. no one policeman anywhere near but that not all we were told these people don't just come here to do drugs many of them called. here and we don't have any jobs we don't have any kind of thing to do if you can you see. i don't mean by the help of a study commissioned by the u.s. state department shores each family has at least one drug user. 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 in afghanistan i believe that the war was the root cause look for stuff to people to turn to poppy growing their own ninety percent of all the opiates in the world are produced in afghanistan into a ball cleans the markets global trade has long surpassed the five hundred billion

dollar mark or russia is one of the worst affected street with around eighty tons of heroin to 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. 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 and spends billions of dollars to fight stands drug traffic but since nato has no legal way to coordinate the funds are spent with very little positive results while officials say that multi-billion dollar work has the whole world in his group you've got the

skin of forty kabul afghanistan where you can check out r.t. dot com for more on that and many other stories including. canines of balance to the dog health and purge by city hall but activists are bearing. dot com. and a team party is always a must die a new video game that gives you the chance to gun down sarah palin and her flesh eating republican friends a website. russia's federation council that's the upper house of parliament has elected a new speaker the former governor is now taking the post. it was almost unanimously approved with only one senator abstaining is the first time in russian history of woman has held the country's third highest elected office the new speaker and petersburg for eight years the federation that council post became

vacant in may when it's sort of a just russia party leader was recalled by the you know just. twenty two minutes past the hour here in moscow that's a check out the world update now here on the ballance has broken out between police and immigrants fleeing 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 of the island has been overwhelmed by more than forty thousand to museums and libyans fleeing violence back. to american men jailed in iran over 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 it required to sign the release forms was off on holiday before bail was secured shane bauer and josh fattal had both been facing eight years in prison they say they mistakenly crossed into iran while trekking in northern iraq

back in july of two thousand and nine. security forces are fired mortars and government protesters in the yemeni capital sanaa killing at least three people fighting broke ceasefire 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 that's a key demand from demonstrators. all right stay with us now yuli is here with the latest in the world of business. hello and welcome to the business update 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 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 news will return to pre-crisis levels only in about three years that's following a cult in texas and low incomes in the energy sector despite toil procedures but we have no doubt that this year the budget will be met for the first time we will not be running a deficit. let's have a quick check on the markets oil prices are higher the sour the market a stone between growing expectations of more stimulus measures from the us federal reserve and gloomy i.m.f. growth provisions whites which is currently traded at eighty seven dollars per barrel while brant is that one hundred twelve dollars. stocks are little changed so fires investors solve course awaiting your federal reserve announcement that may signal more stimulus for the world's largest economy. and european markets are

in the right with banks leading that appliance investors are cautious after wall street gave up its rally and as the greek debt crisis lingers on traders are also awaiting the outcome of the u.s. for results using later today as we said quietly expected to deliver some new stimulus for the u.s. economy the footsie is losing more than one point seven percent on the two and a half percent down. and here in russia the markets finished in the run both are in the might six showed round one percent let's have a look at some of the individual share moves in the might six majors are down the sour gas from last one percent well enough to finish dollar just under two percent on the news the company's 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. reps

are pretty straight for us. so they were. today everybody is awaiting what we're doing for for the of. people generally the good relations very attractive but the row over stalks circus. also stokes. this nobody is sure about the timing. of this stage russia presents a buying opportunity longer to new year to you. but what would happen over the next three to six months remains the subject to be consumed. most people in my opinion sitting in cash going for a little. bit of the news germany is a safety plans to invest one billion euros in its business in russia and c.i.s. all 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 fifteen as

a piece says it's trying to catch the wave of an icy boom in russia spending on technology is expected to increase several fold in coming here. and b.p.'s problems in russia have just caught a looking worse the minority shareholders in the company's russian venture b.p. have doubled their compensation claim for b.p. as attempt to form an alliance with snit now they want five billion dollars they put down to a clear understanding of the damage caused by b.p. has failed to support shares and explore the arctic with all snapped the minority shareholders claim team gave the last potential income by being locked out of the deal with russia's biggest oil for the first court hearing a shuttle to happen in early october that's all we have time for now or joining in less than one us time for another business update so do stay with us.

coming to. culture is that so much given to each musician are you trying to take back the flames try to keep any of the geopolitical order in the middle east and the arab world is ankara making a big to play the role of a regional hegemon on the back of. the

book. to the with the beyond the beyond . the be. the big. wealthy british style it's a small time to experiment. with. markets why not come yet. happening to the global economy.

from. the west. so people could participate. with. us. trying to speed up before european commission and. any other.