in politics since it was confirmed that i will run for president next year and swap jobs with me the dividend of media and social networks have been held back in their reaction and he says now he's gauging what's being said. the reaction has been mixed i want to take you through some of what we're hearing from not just western media but russian as well the guardian talking about how batman returns to the kremlin that of course referring to wiki leaks earlier this year saying that diplomats referred to medvedev and putin as batman and robin reuters which of course is an international news agency saying russia's finance chief rebels over the putin plan and that's referring to what we're hearing from the finance minister alexei kudrin that if you president has made it becomes the prime minister he won't want to stay on and that works with him and of course social media and networks just went crazy there buzzing with saturday's news that will run for president in twenty twelve stateside we've heard from u.s.

senator john mccain who's known for his and me you know rhetoric you talked about he tweeted i should say surprise surprise shocking news putin is running for president again and then here in russia we heard tweets from the president made his very own eight hour carty to our coverage and what he tweeted was you have nothing to be cheerful about it's better to play ice hockey at the luzhniki stadium which of course is where this announcement was made but it's better now to switch to a sports channel on the other hand we're going to hear certainly from the government and other analysts and from people who do support united russia and highly approve of this this idea about how it's high time russia has a right to own democracy but it doesn't necessarily want to take the model that's believed to be the right way you know not least ass and western europe united russia enjoys a very very good approval rating in europe and russia prime minister putin enjoys a three percent or so lead over mitt made it in terms of who would russians would

rather have as president and that's of course because he's known for bringing stability to the country after the very turbulent ninety's and some analysts that we've been spoken to say it's not much surprised. this is how russians are reacting because really when it comes down to it they're going to vote for what's best for them for the russian people he's got to start creating jobs just like other presidents other prime ministers have to do across the globe east got to start the russian economic engine. going again reset the economy there i don't think he knew some changes to this point he has been very consistent showing himself as a very strong decisive leader and he certainly has done the same with his protege obviously a person of good years and this is the kind of political intelligence this is the kind of smarts that i think people respect whether the rim russia or the u.s. be shown to be very decisive very strong and has a vision for russia and i think that whether it's the u.s. or russia or any other country when you have a leader who has

a vision and the strength of the people can see that's that that's the individual they want to office and certainly many russian people feel bad how russia is most certainly on the right track now the new platform with putin and medvedev is that will take you want through through stability to further developments their slogan is what do you want russia to look like in twenty twenty they still have a lot of work to do because it has to be said united russia has lost some of its popularity in recent years and so it's going to be some work to be done when we come into these parliamentary elections in december and then on to the presidential race in march. and he said now is giving us the reaction all russia's top job swap . here is a need is a working against the clock says that if an extensive rescue plan for the region to head off from plunging of the global economy into a new recession well the idea now is to apparently boost the size of the year is a bailout fund to two truly any giros that's often the i'm affluent it may not be

able to help out the big a european economies need is a real thing planning to buy top health groups with staggering but analysts say default still because greece has been hit by. another wave of public protests against public cots for the chorusing now it's revenge the so-called too big to fail countries such as if you're saying from being dragged down and it's gonna teach can reports the global lender the i.m.f. spring queues and disproportionate policies. the litter ship has changed but the methods have not for a desperate economy the i.m.f. still offers the same bitter medicine of draconian budget belt tightening reeses push to redouble its austerity efforts at a time of deep be comic recession and to sell a vast chunk of public gets it at fire sale prices some have no choice but to cut dificid know the i.m.f. former head dominic strauss kahn's said that forcing greece to pay back its debts

would on acceptably impoverished the country and that everyone must be willing to accept losses on greek debt but feel lancer p. has never been the i.m.f. strongpoint it's an institution where my main shareholder is the united states of america well any dollar any euro but is invested in the fund goes buck. to the member principal and interest we're not in the business obsessed of subsidies we're not in the business of giving grants the us and europe are holding the most votes in the organisation and veto power despite the fact that emerging economies have been the engine of global growth in recent years the organisation's policymaking is been under fire for being biased in favor of its top shareholders one of the functions of the i.m.f. is crisis warning and prevention but when three years ago the financial crisis in the us was sending devastating shock waves throughout the world the organisation proved completely redundant in the case of united they should have taken

a much stronger position in warning about the build up financial debt that i believe to be a bit better write it up in the housing bubble. and invest the i have now added able to monitor their bitching at me like that in eight as well as other it will open its credibility some experts see the intimacy between the i.m.f. and us corporations as a matter of concern all of the big decisions at the i.m.f. are made by the us treasury department well even the head of the world bank has accused the top advanced economies if you talk or seen their policies when countries with large fiscal deficits preach fiscal discipline the poor countries what are they really saying do what i say not what i do when countries pay homage to free trade but hold back developing countries with barriers what do they really say do what i say not what i do a do what i say not what i do world well fracture to the detriment of all. the

old ways must change with the i have said while theist members themselves facing their own problems many doubt whether the organisation will be able to take adequate measures to work off possibly another global price it's as well lending money to the world weaker economies the i.m.f. is still facing the challenge of viable solutions that are not come with crippling measures but one thing is clear the world demands and i.m.f. that does not work solely for the benefit of the few i'm going to check out with forty four our team. has all the latest reaction from around the world this hour let's cross over to you ian now he's got the info for us so you know all markets really bracing themselves for a possible greek default. is a lot of news for investors to digest and they are causing definitely a lot of confusion on the markets and the markets low off to

a weak kind of talks over how to deal with the eurozone debt crisis comes from hard line comments from german chancellor angela merkel and also the resignation of the u.b.s. c.e.o. what i can say right now is just first let me remind you that angela merkel said on sunday that allowing greece to do you need just story investor confidence and the spark contagion that we saw in two thousand and eight after the collapse of lehman brothers and on the other hand in washington fine that's going to smacked with policymakers and because to discuss the greece debt crisis and some reports indicate plans to allow greece to default orginally in an orderly way were also under consideration and that is of course weighing on the markets we can see them they opened lower but not right now they are rallying the dax is up two point eight percent efficiency is point eight percent higher banking stocks the gains in the sea and as we talked about russia there are a whole string of those gains in asia and in europe and the r.t.s.

one point five. while the my suits is supposed to be even more significant gains twenty percent on the right school have more market analysis and business about ten minutes in case you didn't came forward to hearing more from you in the studio to fill a chance and say. now in just a few minutes on all me israel was proved too much for president bush it was not a problem for obama we dig into why americans currently have no trouble finding office supply is to tell of a different all say. and to protect sansa of june first police get powers to blanket ban marches and demagogues as riot paranoia need for a rollback in the rights of expression reports from london in just a few. cultures

that so much good news really makes a lot of people a variant but look at is it time to rethink capitalism as we know it today should the world still rely on markets to generate wealth when the rich only get richer and the. wealthy british style some time to. market why not. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports on our. very first verses of the bible that all human beings are created but sentimental came from god's image and it doesn't say just jews or dodgers. sixty to seventy percent of what i did as

a combat soldier in the occupied territories was to do with the turds. doing what we call making our presence felt we go out should somebody so they are not going to be door swung to the other corner and they don't know how religion and nationalism not just judaism and are part of the problem they've been part of what leads to. bloodshed if you want to bomb gaza and cure thousand four hundred people in a month and you want to expect that this will have no effect on their feet you have to be either extremely naive or extremely stupid you need to hear. your religious jew calling another jew and not believe they really didn't. understand the. palestinians optimistic over the un state will have to play the waiting game with

the security council set to start discussions later today is expected to start at their request for at least several weeks the bit needs the approval of nine out of fifteen members to pass the us his promise it will view things in the world is watching the long stated to be achieved only through negotiations with israel palestinian leader mahmoud abbas says he'll only sit down to talks if you jewish state greens to prove nine hundred fifty seven borders he's also accused the u.s. of trying to use its influence to so will the vote pro palestinian activists in your days as israel's northward into the land this occupied. as palestinians we have a very heightened sense of national pride at this moment and even though we know the veto is most likely coming next week or the other really makes no difference but there is a very high sense of national achievement at this point because for one softer of those very disappointing years of the so-called peace process the political

leadership on the pop. public opinion are in line and they're in an on one side of the political debate if you will going back to negotiations is not something palestinians up close on principle but if we go back to negotiations with our occupiers and that's what israel is without any terms of reference without israel clearly committing to international law clearly committing to its obligations according to international law and relevant un resolutions then it's purely pointless. as president obama struggles to contain the fallout from the palestinian bid reports of which claim he secretly approved the transfer of fifty five high stake bunker buster bombs that apparently happened to call phase after it had earlier been rejected by president bush to feed israel could sell this technology to china but historian william blum's says for a ball mates awaits killed by full campaign funds. well the u.s.

has been giving israel all manner of her. this is not new it's not based on a larger. a rational explanation that is not what. we will be course money in the u.s. the u.s. can campaign yes you're good with your lawyers and your virtual. rationale here as. well as you. can see. how people in britain have long been able to march in protest that they voice is being silenced in parts of london for an entire month the government says and police slap a blanket down on public gatherings in the capital it's putting freedom of expression under threat and so on and that reports. the view of workers activists on the home office ban on marching is clear.

in this country through september in six areas of london anyone marching like these people did last winter is liable to be arrested and fined or even imprisoned. the ban was prompted by plans by the anti muslim english defense league seen here in luton in february to march through tower hamlets the area with the highest concentration of muslims in the country but instead of banning one march one day the home office banned all marches in six baros for an entire month activist richard seymour sees a wider motive. doesn't necessarily mean to say that march isn't going to happen it just means that. more powers and that's part of the wider problem but if you're restricted to a static demonstration the police have a right to. arrest very. small

offenses these people behind me are amongst the lucky few they still can march just by pure accident of geography we're hitting lumbers which is not one of the six bars affected by the ban but if as many fear the government extend and widen the ban to take in more parts of london the scenes that you see behind me both small and large marches through london and many other cities across the country could be a thing of the past the band comes out on the heels of widespread rioting in many english cities in august it also coincides with the introduction of government austerity measures which some say amounts to the dismantling of the entire welfare state many say public fear of civil unrest is being manipulated to prevent unions from turning out to protest fierce cuts and pat. reagan from the workers revolutionary party says it's just the tip of the iceberg to the problem that area

curfews that talk not about shutting down facebook social network sites they're talking about dictatorial civil war measures because what they're doing in britain is creating a historic change in which inevitably. the majority of the population will oppose them the home office can only stop marching it's powerless to prevent people from gathering but workers' organizations argue it's no good just standing that you've got to be able to march to make a statement as the unions did in march when more than a quarter of a million people turned out to protest because activists say that's exactly what the government's trying to stop just in terms of where we are at the moment in this country with the process of the stereotyping pushed through by the government trade unions are one of the major blocks opposed to that public order legislation does tend to be used against striking workers i mean that's been very clear i mean there's just there's been some recent examples of people being pulled off the

picket lines and not to obviously we can see any resistance to cuts freedom of expression and dissociation in shrine didn't u.k. and european law with the u.k. renowned for its powerful union organizations but the ban gives police the ultimate power to step in and arrest demonstrators merely for exercising their right to speak out against the government and that's a dangerous precedent to set your enemies r.t. london. ok so we have some breaking news now hang on r.t. president to meet the demand that is suggesting that russia's finance minister stand down and says he's going to discuss his position with prime is a veggie a bit of putin let's get more now from now a huge joins me here in the studio well a little later she'll be here anyway so just to give you some background on this the president gave him until the end of the day as a deadline that's all to cruden said on sunday that he would not under the new

government following the switch at the top of russian politics. he's running for president in twenty twelve off the current president to be the derivative to become a pariah to become the prime minister here with the russian leader said that anyone who doubts the course taken by the president and the government can resign well joining me now in this studio to discuss this more is our correspondent lisa now he's been following this major events in russia's political life and she joins me now along with allergies political commentator. to both of you for joining me here in the surf i could turn to you first and if you could just explain what you think is behind the president's comments on this well i think it's pretty clear about the president it wasn't. direct response from finance minister after the announcement that putin would be running for president madrid would become the prime minister

that he wanted quote he couldn't see himself in videos government obviously it's not a compliment the president basically suggested today that he handed in his resignation to which he answered i believe he has to confer with the prime minister and was then told by the president as long as i'm the president. this is this is what. has been eventful day has now i do always seem to solve the political standoff do you think will i think a little bit here first of all. mr goodwin so when i very very much admire and i can tell you the dow markets around the world look to him he's kind of like maybe it was a decade ago of the hour greenspan or russia i mean people really well people don't trust greenspan today but they really trust who drink today and so the markets will react to it but any any minister that says that sitting in office sort of the prime minister or the president you know deserves to be criticize you that's really not appropriate behavior that said mr putin maybe angling for

a position in the next government on his own terms ok we have to remember mr goodwin knows putin as well as mitt but it does i mean this is a very small circle of people that know each other extremely well this could be some power play before we get started i'm a little surprised it's a bit early i think mr goodwin was out of line in his comments when and we'll have to see if that russia's economy investment will suffer as a result and he should keep those kind of things in mind you have to be careful what you say well let's talk about convince passed now has been suggesting that the finance minister can join had become prime minister back again it isn't exactly what i when i heard his remarks on sunday i thought he's making a bid to become prime minister in and it looks like the job's already been given so a little bit of a total right here who says there isn't politics in russia i mean this is something going on here it's something behind the scenes that is not normal for any kind of governments like this open and this is going to cause some turbulence here mr goodwin is going to get the short end of the stick as we see it right now now where we can make up later it's very possible we will lose it there to you peter to his

reputation in nationally we've been talking to throughout the day about his popularity among investors in russia and broods. russia has been rising the global economy. basically i think what the what the point is that we can look at as you're getting all of this criticism about how stagnant by the way russian politics are already getting interesting so i really i don't have all the experts that we've been speaking to here at artsy a lot of them that i've heard. at least all are saying stability equals what's happening with the financial crisis now and russia hasn't been that effective when you look at and these are all of it on top of it a lot of people credit mr cooper in for that because you remember this is united russia you had the communist near just about everybody else in their grandmother saying spend the money we've got more money than god will spend it on this this and this who knows there's going to be the corruption index a good part of it's going to go into people's pockets and he said you know it's a turbulent world we're going to be ready we're not going to get caught flat footed

like everybody else was and russia in going to see a global double dip now russia will hopefully knock on wood be able to ride it out because of mr goodwin's policy and he says do you agree with that i don't know i think is. i'm not great with the economy i do know that. presumably knows how well he's done and that russia is not suffering as much as the rest of the world certainly europe and the united states and you were talking about power play maybe this is it maybe he knows it and he wants to clinical career further on it also could be another element here is you know there are other elements that we might not see he's making maybe a very strong reminder you have to keep the course that we've had meaning russia has had for the last twelve years because if you don't it could be real it will get in the same troubles everyone else so there could be another element in here we i'm sure all these three players are on the telephone back and forth in their handlers and we'll get some kind of resolution here but i think also for the third time who

says there isn't politics in russia there's a lot of turbulence going on here and i think maybe will be for the good because all three persons involved in this here are actually do care about the country's standing in the world in the financial situation here as the tsunami outside hits us and they have all known you tell there for a very or two decades sansbury like that said we might be the last that we hear of . their spirits the latest twist in order face of course is what we just heard from president dmitri medvedev he said that quote anyone who has doubts over the course of the president and the governor. and can resign that makes sense because one of the hundred or so it seems very strange to me because we don't have a new government we don't have a new prime minister we don't have a new president so again i have to kind of question what mr goodwin's agenda is here right now there's we don't have the parliamentary elections yet which will be very important we'll see how united russia does after the events that are covered so well over the weekend and then we have the presidential actually i think it's fair to say we know who is going to be the next president right here but don't start changing the chairs before we get to the events that will be happening in the

future ok so i mean we may hear hear more about why mr goodwin had to say that i can do so i can do to tell our viewers that he has a very powerful position here in russia and he is well respected abroad and he's angling on whatever he really wants to produce what do you think going to be the next step how is his position untenable i mean that has come out and made this pretty blatant statement i think what we have to do is take this first of all with a grain of salt sometimes politicians say things that they should and then there is you know big scandals about and then it kind of settles down and has done a good job as the finance minister last week we saw horrible horrible car you can't just terrible russia knows that they're not going to get rid of clinton now i think it would be to be more careful about that you know you have to own these respect protocol in such a public position i don't think we're going to see the end of his policies will we see the end of his position there that's quite possibly the government's go on ok they do go on in the political cycle will continue. and he said many thanks

for your thoughts i'm sure this won't be the last that will be here for both of you on a day then full day many thanks. i came to stay with us here on r.t. i'll be back in just a few moments of the update of our top story. twenty years ago the largest country in the world to serve to a suitable. one hundred more children and to teach began a journey. where did it take to. me is eve it's.

easiest to eat. some. wealthy british style. that's not on the. market why not. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into cars a report. in

two thousand and ten especially economic zone for industrial production was established in russia somalia region with a total area of six hundred sixty effect as. its investors are granted exclusive tax and customs benefits which includes a five year exemption from property land and transport. taxes as well as an income tax reduction to fifteen point five percent. to special economic zone operates as a free customs zone which enables manufacturers to market their products in russia free of employer duties to some our region is currently witnessing a sewage infrastructure construction to some our region special economic zone promises exceptional of the treaties to develop the fuel business in russia will come to the smaller regions for more information. invest in some of the all you.

need from it as suggested russia's finance minister steps in down. sunday he would not say the new government following the switch on top. of global recession the international monetary fund you can use is not treating countries equally out of prescribes europe while doing and there are. powerful tools a palestinian statehood which president. did in the last week of the us in israel being blamed for. the.