school from my bed of inclusion presidential grounds as russia's leader suggest the finance minister quits after his comments a potential kremlin drops walk. down for the crash of the euro zone as leaders scramble for an urgent rescue plan to stave off another global meltdown bob the international monetary fund if you did not true seen countries. on the un's very powerful body has been told so the palestinians stated that the u.s. and israel are being blamed for stalling historically.

a very warm welcome to you this is a lie from moscow president dmitri medvedev has given a short shrift to russia's finance minister and suggesting that he stands down. as he's going to this position with prime minister putin and he said now he's following developments for us and like now what's behind the president's remarks. well it all seems pretty clear cut although we don't know exactly what happened behind the scenes what we do know is that president medvedev is not very happy with finance minister alexei kudrin he made some comments after news came that if putin does that putin is going to run for president he would like to see him go on to be his prime minister could say and said that he doesn't see himself working in medvedev government of course about as prime minister and this is what president

reagan had to say to him face to face. if you wish if you think your views on russia's economic agenda different from mine as president you can resign but you have to be right here. now how you going to resign this should be you know what's the. push just my opinions do differ from yours but on only take such a decision after our talk to the prime minister listen to say that this has been the most of the skimming you can whoever you want including the prime minister and as long as i'm the president when making these decisions you have to decide very quickly and give me an answer today if you reconsider the differences you can have and if these differences do exist which you know with a waiting for you to resign this would be an unpleasant outcome a body of was still with the mr. finance minister closer and put on the spot there with some very harsh words from president medvedev what this all means for the future at least the near future of russian politics no one really knows i think the

analysis of analysis will begin to come in probably throughout the week but most certainly those who said that russian politics are boring may soon be proven wrong so that mean more twists and turns to come i'm sure put a nice who wants the waltz reaction been say faulting this potential job so it's hard. but of course who drew this statement first of all came after the big news on saturday that prime minister putin will in fact be running for president. for the presidency in march twenty eighth while that he wants president reagan to being his prime minister gordon reaction to that and here russia has been you know it's no surprise that a lot of western media and western to this so i came in with some pretty harsh criticism on that your advice for supporters of the united russia which is the ruling party it is always a great deal of support from boston citizens known for bringing stability now

running on a platform to continue through that stability and bring further growth to the country it's around the next decade or so but of course social media is the place where really could gauge some of those reactions. eight five from our u.s. senator john mccain known for his anti rhetoric says surprise surprise shopping news which in his running for president again and then here in russia from the president's very own advisor arkady dvorkovich this is what he had to say in twitter basically what he said is that it's nothing to be cheerful about it's better to play ice hockey at luzhniki stadium that of course is where the big announcement was made and he goes on to say it's high time to switch to a sports channel so he obviously not happy about with that said it does have to be said that most russians do believe that the most support in the us at this point is to belittle certainly and as president has proven true that also united russia was

off a little bit in the ratings for the past couple of years there is some work to be done to take the party through the parliamentary elections in december and then on to the presidential elections but really if you come onto the streets at least here in moscow and ask who they think should be president most people will say and at this point he does he doesn't join a three percent or so. higher approval rating than. just the day when russian politics and he said many times that all of these the now in central mostly for. well russian stock markets and take private investors comments well i don't that's got more on that from a you tube of issues a for the business for us you know what did this put them off the market said paul ellis news of russia's finance minister possibly living his post is of course news for the russian stock market something he's regarded by many analysts as a so-called rock of stability in russia and many analysts are expecting such

a major blow to russia's investment climate if he leads so far we can see that the markets are losing ground e.r.t.'s most but one percentage spot too negative. so far and to my eyes it's heating what a half percent losing about one percent this hour we'll have more market analysis in the business bulletin in about ten minutes ok looking forward to getting more from you on the market reaction you're in the studio a little bit later. the euro zone leaders are working against the clock to set up an extensive rescue region to head off from plunging the global economy into a new recession would be idea now is to apparently bruce the size of the eurozone bailout fund some two trillion a year. wanted may not be able to help out the banking european economies and leaders are also. haul from greece and staggering debt but analysts say default still on the cards greece has been hit by another wave of public protests against

public parts of the piracy now is to prevent the so-called too big to fail countries such as thing being dragged down as you can recall the lender the i.m.f. speaking kings and disproportionate to the since the leadership has changed but the methods have not for a desperate economy the i.m.f. still offers the same bitter medicine of korean budget belt tightening reeses push to redouble its austerity efforts at a time of deep economic recession and to sell a vast trunk of public assets at fire sale prices some new choice but to cut dificid know the i.m.f. former head go many extra sconce said they're forcing greece to pay back its debts unacceptably impoverished the country and that everyone must be willing to accept losses on it but philanthropy has never been the i.m.f. strong point 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 dark. to the number principle and interest we're 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 in 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 face of the united. states in a much stronger position warning about the build up. but right to be. completely. and be able to

monitor richard. eight 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 to all of the big decisions that are made by the u.s. 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 and 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 you would i say not what i do a do what i say not what i do world well pressure to the detriment of all. we always can and must change with the item of swats the its members themselves facing their own problems many doubt whether the organization will be able to take

adequate measures to ward off possibly another global crisis it's as well lending money to the world's weaker connelly's the i.m.f. the still facing the challenge of offering viable solutions that are not called with crippling measures but one thing is clear the world demands an i.m.f. that does not work solely for the benefit of the few i'm going to check out reporting from all parties. but in just a few minutes here on main israel to much of president bush seems no problem for obama we'll look into why america is currently. have no trouble signing off to supply bunker busters to tell of the south seas also. to protect the g police get powers to blanket ban marches and dead leaves this riot higher noir leads to a rollback heights it's question the reports from london in the few minutes. now we seem palestinians optimism over the un statehood bid now the have to play

the waiting game is the security council it is the proposal the organizations expected to study the request for several weeks nies across the latest in new york for us. 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 has 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 a palestinian bid 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 yield 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 at stake and that is why the obama administration worked tirelessly all last week to try to convince the public study and 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 to 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 president mahmoud abbas said he will only return to the negotiation table if israel halts settlement construction and accept the nineteen sixty

seven lines and 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 it has not stopped or. halted the building settlements as a result of that president abbas said there is no point doing business as usual this has been a process that has lasted for nearly two decades so at this point it doesn't look like this means are being very receptive to the middle east course quartet statement that allowed both parties simple facts that go shisha table within one month and then have everything settled within one year right now all eyes are on the un to see if the palestinian bid for u.n. membership and statehood will and will in that sense go through. and i would call the latest from new york with the un security council is preparing to discuss the palestinian state. as the presence of allah struggles to contain the fallout from

the palestinian. thing these secretly approved the transfer of fifty five high tech bunker buster bombs to israel had apparently happened months after he's in office that had earlier been rejected by president bush who feared israel would sell the technology to china historian william blum's that's for a bomb it's a way to secure baikal campaign from. the us has been giving israel all manner of. it's not great i mean if you are a rational explanation that is not what he is course of money in the us. working with your views and your should be virtually. your only rationale here as. well as you. people in britain have long been able to march in protest of those voices are being

silenced in hearts of london for an entire month the government threatened police a blanket ban on public gatherings in the capital but some is getting freedom of expression under threat of. 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 burning one march on one day the home office banned all marches in six paras for an entire month activist richard seymour sees

a wider motive this past doesn't necessarily mean to say that mortars are going to happen it just means that the police to more powers and that's part of the wider problem but if you're restricted to a static demonstration the close of a right to pen you in. a restroom very. small appearances or for instance 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 baros affected by the battle but it is as many fear the government's 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. comes hot on the heels of the 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 patrick o'regan from the workers revolutionary party says it's just the tip of the iceberg to the area curfews are talking about shutting down facebook social network sites we're talking about it or your civil war measures because what they're doing in britain is creating a historic change notably. the majority of the population will oppose them and 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 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 or one of the major books opposed to the public all of legislation does tend to be used against striking workers i mean that's very clear. there's been some recent examples of people being pulled off picket lines and not obviously we can see any resistance to. freedom of expression and association are in shrines in 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 limits r.t. london. in war heart is in using exclusive stories available around the clock at r.t. dock. is also being lined up for you right now in burton's estimation of. a whopping

two point seven billion dollars in libya seven hundred more than andrew's hearts pay is now works know exactly how much the military sharing. i mean russians basically are digging machine is a probe the will go on a major mission to dig around one of the malls as means for the secrets of the soil that you go home to for our you tube channel for more on this the story that's. it. is easy. to. come.

down to your social all see how you can join on the phone and called talk from the . joel she call me good. video. all she's mine old girls. and omissions street now in the palm of your. on the all she told column. caraway is what else happening around the wall they sound. silly or whether crackdown on protests continues in the seventh month of us immigration demonstrations time have now begun bombarding the strategic opposition of. rest of the country injuring at least three people are going up in two thousand seven hundred dogs are going on and in back of private shot often into most of their terrorist groups the pales and for some security forces octets and.

the first african woman to really maybelle peace prize has died while undergoing cancer treatment wangari maathai founded the green belt movement which is see millions of teens called across the claims and she also campaign foods are more perceived human rights on the particular rights of women but i was elected as an m.p. in two thousand and two in the ministry of the kenyan government she was seventy one. nato says there were planes that hit several military targets and chemical jackie's homes and her as libyan regime faces a siege the area said it lies between the capital and the students you claim ghazi both now held by the national transitional council and one of my stuff unfold holds for gadhafi loyalists meanwhile a mass grave was discovered in tripoli and it's to release those two hundred postings it's believed that the remains belong to the inmates of exactly top security police at the site of muscat and icing r.c.

sites. one american has been killed and another injured in an attack in a cia compound in kabul and afghan employee of the u.s. government carried out the assault before being shot dead it's the latest in a string of his hands on the capital tell about his age and stage with salt on the same district she weeks ago leaving dozens dead and hundreds and just days ago right before i am president of the peace to go see his assassination in his. own soon r.g.b. value his guest discuss the possible end of capitalism first though a bizarre day rethink that. hello i'm very warm welcome to the business update here on our team and as we've been reporting president that has told finance minister let seclusion to resign or support his policies to find out how the markets in russia reacted on now joined by

our correspondent who's the r.t.s. stock exchange hello peter so what's going on in the markets. well when you hear rumors like this surrounding a character like alexey that in there is going to be some form of reaction on the markets both the the my sake sound the r.t.s. dropped one percent after this ultimatum was issued by presidents made to get it to say to. him to get on board or to step aside. as a highly respected financial figure both here in russia as well as abroad he's been doing the job of finance minister for eleven years now so highly experienced he's also credited as being one of those people that helped bring about financial state guillotine in russia following the dark days of the mid ninety's and his idea to set up a reserve fund for excess oil revenue meant that when the financial crisis hits in

two thousand and eight russia was better prepared to deal with it if you hadn't had that fund and therefore it was yourself that bush if it looked better than it would have not been in place now in terms of how this announcement has affected the markets we have seen losses in games on both m i six and the r.t.s. today however it is worth the stress that the current situation on the markets worldwide is so volatile it's hard to pinpoint that this was definitely to do with the announcement regarding mr couldn't know the markets have closed here in russia the r.t.s. finishing. for the day in the my six just slipping into the. it's at the end of trading so it's really a wait and see game to see what will happen if this will be any more delta boaters that could get in on this beauty it will affect the markets in the future. ok you know all of us thank you very much behind has just brought us the latest market reaction on the news of a possible resignation of russia's going it's going to tell it's

a cauldron until we can now have a look at those figures the russian markets have closed makes a speech has just reported the r.t.s. ended flat to negative and the my six was one of the health percent al assad a look at some of the individual share movers on the minds of most energy majors and more on the rise of the painting true and a half percent bank slipped into negative territory in the end of the trading session china communications giant brawls telecom also turned into red the company is listing twenty five percent of its preferred shares in london. the stalks of retreated from the games they saw in the first ten minutes of monday's session this hour in hopes that european leaders will come up with a new strategy to resolve the region's debt crisis they're now feeling as apple left acknowledges shares lower after an analyst said it's causing orders for i pod parts. and european markets are banking stocks are rebounding over mine as

continues to be under pressure to two week more surprises silver and gold mine of resume a low is the biggest fall on the pan european interests dropping eight point four percent on lower precious metals. prices are higher investors are speculating that europe's are in debt crisis will cut fuel to munge and meet ample supplies brand plans is that over one hundred four dollars a barrel while light so he's discovering that seventy nine dollars per barrel. the insurgency in the financial markets has made cash king even the traditional safe haven acid gold is down fifteen percent from its recent speak at one point on monday and. i'd lost one hundred dollars although it's since. my know it's not at eighty x. capital so it's nothing but a correction after a significant probably. always seen recently with gold is a fantastic run so the upside is trading that noisy hundred dollar levels twice as a go to trade became increasingly overcrowded so you had individual investors and

as well as an individual investors larger trading houses investment banks and sovereign nations all piling into the same time and when they did it becomes that it is very little supply left those are lead to more left. column levels and therefore we saw you see a pullback in that in the price and also exchanges of increase the margin required . deposit required to hold gold so there seems to be a short sharp sell off is in line with what we're seeing elsewhere in the markets. and that perhaps the business bulletin from war stories you can log onto a web site r.t. dot com slash business.

culture is that so much you're going to make a lot of people here you 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. wealthy british style. is not. as. the. markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines for you in two cars

a report on r g. would be soon which bryson if you know about someone from phones to the christians . please find stunts on t.v. dot com.