a minister and a suggesting that he stands down but next he couldn't says he's going to discuss his position with prime minister putin last season he said now is following developments for us any so what's behind the president's remarks. from what we know is that when our finance minister lexicons and basically his comments after the news came out on saturday that that prime minister putin would be running for president he would like to see president medvedev as his prime minister what could turn said was that he couldn't see himself as part of its government that we don't know exactly what's going on behind the scenes but we are hearing and getting pretty clear evidence that president's visit was not happy about this listen to this conversation that took place between the president and the finance minister just a little while ago. if you think your views of russia's economic community differ from the president you can resign obviously you know should you have to answer right here and now are you going to resign that

surfaced assures him in your what's the. bush my opinions do differ from yours or going on only take such a decision after i've talked to the prime minister. listen to say that this has been the most absurd the skill you can talk to who have you one is including the prime minister but as long as i'm the president fine make these decisions you have to decide very quickly and give me an answer today to you reconsider the differences you're talking about all these differences do exist and what you can see no other way than for you to resign if you're there this would be an unpleasant outcome. some very harsh words there as heard for yourself from the president to alexei kudrin what this all means for russian politics no one knows yet i think it's fair to say it's going to have some reaction on the markets but whoever said that russian politics were boring might just be about to be for them and to be so what's been the world's reaction safe to this potential jobs at the top the reaction. most certainly been mixed from around the world in fear of russia it's no

secret that united russia and both president made very different prime ministers news and enjoyed very high approval ratings so much not unexpected reaction from the last a lot of western media outlets criticizing anything that russian politics were stagnant although we've been speaking to experts that feel it's quite an obvious choice is russia really is a country that needs to belittle and its these two officials who have certainly proven so far the stops what they can bring the country their platform is to continue to move through stability on to further development and that's what they're hoping to take and take through when when the parliamentary elections in december and then of course to the presidential race in march and of course social media was just a buzz when this news came out on saturday that president that prime minister putin was going to be running for president stateside it's a pretty nasty comments from a u.s. senator john mccain he says surprise surprise shocking news president putin is

running for president again he's known for his anti point to rhetoric and then here in russia president medvedev his very own aide our colleagues our code which is saying nothing to be cheerful about it's better to play ice hockey at the luzhniki stadium that's of course where this announcement was made and he went on to say it's high time to switch to a sports channel but it has to be said overall the russians do support their putin it's even said that he shares that he enjoys i should say some three percent more when it comes to russian citizens being asked who they would rather be as president that doesn't mean that it's going to be an easy road back to the kremlin and through these parliamentary elections united russia's approval ratings have fallen in recent years but if you go out onto the streets and ask any russians at least here in moscow who they want to see as president the chances are you will hear that i think we still have lots more twists and turns to come in this all season east now with many thanks live update from is that. moscow. well the russian

stock markets haven't taken president his comments too well let's get more now from mulay he savored the business desk for us you know what can you tell us about the latest figures. russia's finance minister alex inclusions departure is of course but news for the russian stock markets and the ruble and as many analysts are saying it will be a major blow to investment climate in russia and to the investment sentiment in the country as he is both respected by domestic and foreign businessmen also thought the markets wasn't all in positive territory tracking europe higher so they have already started to lose ground the r.t.s. is up zero point eight percent having lost one percent on the news of the my six is two point two percent higher so far we'll bring you more market analysis in twenty minutes and the business program indeed looking forward to see me then you do for a bit more here in the studio. where eurozone leaders are working against the clock has set up an extensive rescue plan for the region to head off

from plunging the global economy into a new recession the idea now is to apparently boost the size of the eurozone bailout fund to two trillion a year is that solved the i.m.f. warned it may not be able to help out the big even called leaders are also problems with bryce harper he says to him during dead but on the stage of hold still on the cards greece has been hit by the way of public protests against public but the priority now is prevent these so-called too big to fail countries such as the right space being dragged down and it's going to can report global vendor the i.m.f. being accused of disproportionate policy. the leadership 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. the comic recession and to sell

a vast chunk of public assets at fire sale prices some have no choice but to cut dificid know the i.m.f. form ahead domenic stress collins 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 that is invested in the fund goes buck to the member principle and interest we not in the business obsess of subsidies we're not in the business of giving grants the u.s. and europe are holding the most votes in the organization and veto power despite the fact that emerging economies have been the engine of global growth in recent years the organization'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 u.s. was sending devastating shock waves throughout the world the organization proved completely redundant in the case of united they should have taken a much stronger position warning about the build a financial exit in the private economy. that right out the gate that has completely dropped the ball and it must be able to monitor the rich. united states as well as other countries it will open its credibility some experts see the intimacy between the i.m.f. and u.s. 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 of hypocrisy in 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 fracture to the detriment of all the old ways can in must change with the i.m.f. swell theist members themselves facing their own problems many doubt whether the organization will be able to take adequate measures to work off possibly another global price it's as for lending money to the world's weaker chrono means the i.m.f. is still facing the challenge of offering viable solutions that do not come with crippling measures but one thing is clear the wall 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 more parties. now in just a few minutes here on. two months for president bush seen a problem for obama we'll look into why america's current leader had no trouble

signing off a supply of bunker boxes to tell of the top seem also. to protect and subdue british police get powers to blanket ban launches and demos is riot paranoia and leads to a rollback in the rights of expression we'll see the fall from london infamy. we've seen palestinians all over the un statehood bid but now they'll have to play the waiting game is the security council considers the proposal is agency expected to study the request for several weeks but the u.s. has promised it will veto the movers washington wants stated to be achieved only through talks with israel more now from poor nice in new. marina how want to mistake should palestinians really be over the state being approved by the security council. well i mean it's no secret that the united

states has promised to veto the palestinian bid for u.n. membership and state but nonetheless palestinian president mahmoud abbas made history on friday submitting an application for palestinian statehood and the security council haas to consider that application and that as you mentioned is a process that is beginning today security council members will meet for closed door consultations that's a process that can last for weeks we do know that there are six security council members that have already thrown their weight behind the palestinian bid there needs to be nine out of fifteen security council members to approve it for it to pass but we do know that the u.s. said that they would wield their veto if they have to now washington doesn't really want to be put in a position to do this because its credibility and influence in the middle east is

that stake and that is why the obama administration worked tirelessly all last week to try to convince the palestinian leader to not present the op with his application for u.n. membership and statehood now there is another option if this fails in the security council there can be a vote in the general assembly the majority of u.n. members do support the palestinian campaign for membership and statehood at the u.n. it would elevate palestine to nonmember observer status and that would allow palestine to join and participate many forums and file lawsuits with the international criminal court but we're still dealing it's a process in the security council and it is beginning today and it will continue for some weeks to the middle school in school in israel and the palestinians to come back to the negotiating table in the mom one of the joneses about what. well president mahmoud abbas said he will only return to the negotiation table if

israel halt settlement construction and accept the nineteen sixty seven lines on a basis for talks those guidelines were not put out by the middle east quartet and as a result of that and israel has not has not stopped or halted building settlements as a result of that president abbas said there is no point of doing business as usual this has been a process that has lasted for nearly two decades these negotiations and they continue to fail and that's why he says palestine is leading leaning on the united nations on all its international news and political diplomatic options to let the world help them decide if you could eventually get its statehood so at this point it doesn't look like the palestinians are being very receptive to the middle east force quartet statement that allowed both parties to go back to the

negotiation table within one month and then have everything settled within one year seems that both sides still are not seeing eye to eye on the situation and nothing is changing so right now all eyes are on the u.n. to see if the palestinian bid for u.n. membership and statehood will and will in essence go through ok very many times correspondent the poor niren you. when it's president obama struggles to contain the fallout from the palestinian bid reports of a. claim the secret to approve the transfer of fifty five bunker buster bombs to israel it apparently. had been rejected by president bush who feared israel would sell the technology to china but historian william blum's as for the way to. paying fines. well the u.s. has been giving israel all amount of a bombs for decades and decades this is

nothing new it's not based on logic i mean if you ask a rational explanation that is not what he does he is pro israel because of the money he gets in the u.s. for his election campaigns he gets a fortune from the jewish lobby and jewish individuals that's what motivates him and that's the only rationale he hasn't have to be logical about what he does consistent. people in britain have along with able to margin protest but those voices are being silenced in parts of london for an entire among the government a blanket ban on public gathering in the capital for some it's been freedom of expression on the threat floor and. the view of workers activists on the home office ban on marching is clear it's an attack on the basic democratic rights of working people 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 on one day the home office banned all marches in six bars for an entire month activist richard seymour sees a wider motive of bias pastor doesn't necessarily mean to say that march isn't going to happen it just means that the police more powers and that's part of the wider problem that if you're restricted to a static demonstration the police have a right to pen you in. a restroom very. small fences or non-offensive these people behind me are amongst the lucky few they still can march just by pure accident of geography we're here in lumberton 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 hot on the heels of widespread rioting in many english cities in august it also coincides with the. 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 patrick regan from the workers' revolutionary party says it's just the tip of the iceberg to the talking about area curfews talk about shutting down facebook social network sites they're talking about dictatorial civil war measures because what they're doing in britain is

creating 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 there 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 the cuts 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 a stereotypical pushed through by the government trade unions are one of the major box opposed no public order legislation does tend to be used against striking workers i mean that's been very clear. there's been some recent examples of people being pulled off the picket lines and not obviously we can see any resistance to. 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 nor am it r.t. london. and more hard news in the story of the vailable around the. call being lined up for the moment britain's estimated to rise to point seven billion dollars. that's seven times more than. three times players now once the clear how most minute tree shedding hours. days of digging machine is the probe that will go on a major mission to dig around one of those moons trivial the secrets of its soil hold it also called for you tube channel for more on this little story.

is we've. tried. to. be official altie up we can show you on the phone called talk from the. old. video on demand. old coals and omission street now in the palm of you want. to. call.

the crackdown on protests to news the seven month old regime demonstrations and tanks have now begun a bomb squad in the business will see a star in the west of the country injuring at least three people according to the level of the two thousand seven hundred people died in the ongoing violence embattled president bashar al assad's. tunes terrorist groups the chaos on the system security forces all types and the people. like you moments of when the peace policies dollywood while undergoing cancer treatment wangari maathai founded the green belt movement which is the millions of trees planted across the continent shuls a campaign for democracy human rights and of particular the rights of women but i was at exit on it in two thousand and two and said as a minister in the kenyan government she was seventy. nato says there was no

names of hit several military targets of colonel gadhafi has held town as libyan and the regime five has besieged the area said it lies between the capital and the eastern city of benghazi now held by the national transitional council on foreign for many strongholds for gadhafi loyalists meanwhile musgrave's been discovered in tripoli estimates it contained only thirteen hundred bodies it's believed that the remains belong to the inmates of gadhafi top security prison inside of a massacre in nationality six. one americans being killed and another injured in an attack at the cia compound in kabul an afghan employee of the u.s. government carried out this old before being shot stabbed it's the latest in a string of attacks on the capital taliban insurgents staged an assault on the same district two weeks ago leaving dozens dead and wounded and just days ago

a former afghan president in the peace to get a cease fire was assassinated in his home. where the news is this hour let's get a business update now with junia. cloned a very warm welcome to the business update and as we've been reporting president dmitry medvedev has told finance minister to resign or support his policies could trim is widely respected in the business and financial community among other things he is credited with successfully steering russia through the two thousand and eight financial crisis first office of all it chief economist of deutsche bank russia says if he goes he will be missed i think mr cordray in this seen as the greatest heavyweight within the cabinet in terms of his liberal credentials and terms of his capability to convince markets that russia will stay the course in

terms of fiscal prudence so accordingly his loss would certainly be taken negatively by the markets i think in terms of the replacements would have to be someone with a significant track record who's in the starburst heavyweight and policymaking within the government and i think there are very few names that would really come to mind i think one possibility would be harriman graf the c.e.o. of a bank. but you know so far. that's just one count of the sea. and find out the how the markets in russia are reacting to the possibility could remain turned to his resignation now joined by our correspondent peter all over who's at the r.t.s. stock exchange hello to you peter so what's going in the market so. well when you get news like this about as high profile a figure as alexey couldn't of course there is going to be it is going to be felt on the markets when this news came out both my six and the r.t.s.

dropped by a percentage point alexy could turn really referred to is a highly respected figure in the financial world not just here in russia but a broad as well. he spent eleven years in the job so we had plenty of experience has plenty of experience and this apparent ultimatum being given to him by made get over get on board with my policies all resigned so i did send a little shockwave through the markets now they sort of leveled out a little bit afterwards but. couldn't himself is such an important figure for russian finances he's credited with bringing stability he's one of the people credited with bringing stability back to russian finance after the the dark days of the mid ninety's but we also set up a reserve for that oil reserve fund where excess oil revenue was being put into now that was incredibly important in two thousand and eight when the global financial

crisis hit it meant that russia was in a better position than most to deal with and it didn't work wasn't hit hard by by that financial crisis the markets today that they started off a little bit slow and then picked up as the day went on people were thinking this was perhaps due to people looking for bargains in the. end only russian markets they i can tell you they are still open right now it looks like the my six will finish out the day in the red however the r.t.s. house just slipped into the black so that. this news a boat. will you stay you will go it has certainly being felt all the old the trading floors in the stock markets here in russia. party's future all over with the latest market direction thank you very much and we still have time to have a quick check on the markets the russian markets are mixed this some of the r.t.s. is tough a percent in the red and the mice it says point eight percent let's look at some of

the individual show moves on the my six most energy majors on the rise of liquid gaining more than three percent and banking stocks are also up point seven percent in the black so far telecommuter the telecommunications giant telecom turned into red the south the company's listing twenty five percent of preferred shares in london. trade other is started in the u.s. stocks have retreated from the gains they saw in the past ten minutes of monday's session the solemn hopes that european leaders will come up with a new strategy to resolve the region's debt crisis they're now falling as apple let dick knowledge the show's low off turn analysts said it's orders for i pad parts. and european markets are banking stocks are rebounding over the mine is continue to be under pressure to two week more to crisis silver and gold mine of fresno is the biggest on the pan european indices dropping eight point four percent on lower

precious metals. and oil prices the high of the sol investors are speculating that europe's over debt crisis will cut fuel demand amid ample supplies brand land is at over one hundred four dollars a barrel while the w.t. is trading at almost eighty dollars per barrel. ok that's all we have time for no join us unless someone has time for another business update and get more stores and analysis from a web site r.t. dot com slash business.

will. bring you the latest in science and technology from the realms. we've got the future of coverage. would be soo much brighter if you knew about songs from phones to freshen some. stunts on t.v. don't come. down

here most gay this is the first fallout from a bed of inclusion of presidential plans as russia's lead to suggest the finance minister quits. but instead on sunday that he. could not serve under a new government if it meant that to switch jobs of the current. year is they need to scramble for an rescue plan to stave off a year of collapse and a new wave of global recession the international monetary fund's accused of not treating countries equally as if prescribe small cuts figure out while doing america's bidding. and the un's very powerful body for the tool to save the palestinian statehood bid which president mahmoud abbas time that in novels we hope the u.s. and israel of being blamed for stolen.