so tell me. marty tonight russia's finance ministers being sacked the first fallout from medvedev and putin's presidential plans after comments over the potential kremlin job swap. the dash for the cash in the eurozone as leaders scramble for urgent rescue plan to stave off another global melt there while the international monetary fund's accuse of not treating countries equally. and the un's most powerful body prepares for talks over the palestinian statehood bid but the u.s. and israel are being blamed for stalling the historic move.

welcome you're watching r.t. from moscow with me kevin oh in this hour our top story at nine pm moscow time russia's finance minister is being sacked and that's the first fallout from the planned switch at the top of russian politics ahead of the twenty twelve presidential election season is now is across what's happening in the last couple of hours has been fast moving the last hour and a half or so as minister i take us through what happened as you know it put all started with the weekend's big news that lady near putin will in fact be running for president in twenty twelve and you'd like president medvedev to go on to become his prime minister of finance minister former i think he could say now of course finance minister alexei kudrin comments about that news him saying that he doesn't see himself working in it maybe it is government be asleep talk about possibly becoming prime minister the president not happy about those comments to me in the last one was there and a visit he calls them under the inappropriate and this is what you say he sat down

. with your solution if you think your views on russia's economic agenda differ from mine as president you can resign but you have to answer right here in the trial you're going to resign. yes the ship the monuments the. furnish the gist of my opinions do differ from yours but on only take such a decision after our talk to the prime minister person to say that this has been the most simple skimming equipment you can talk to whoever you want including the prime minister but as long as i'm the president i make these decisions you have to decide very quickly and give me an answer today if you reconsider the differences you are talking about and if these differences do exist i see no other way than for you to resign although this would be an unpleasant but was still very harsh words there from the president make it as he would tell it on the spot there is a piece of the position now is that what this means. to a process politics no one can really say oh we're going to see some reaction of

course on the markets and for all those that were saying after the weekend's news that possibly politics are stacked boring i might just be that they were very wrong this is just the beginning of the fight ok so there were no coherent thought of a a possible future town the most the rest the world and say across the weekend about this potential job swap as the news filtered through the reaction has been a very mixed here in russia and up cross the globe out of course social media was just a buzz keep getting in the day if you look at twitter and lots of comments both positive and negative about it we just goes stateside and it's not very unexpected western media really guardian other criticisms about russia and its democracy i just want to take you through one of the treats that was written by u.s. senator john mccain known for his anti russian rhetoric hi nancy putin unspecific rhetoric by saying surprise surprise shocking news today is running for president again but in the back here in moscow the presidential aide to medvedev are party to

our covert she writes but nothing to be cheerful about it's better to play ice hockey stick a stadium that of course is where the big announcement was made on the weekend i need those arms right it's high time to switch to a sports town. well with that said it's no secret that both she and medvedev and they're still cold and up into a very nice here in russia putin as president is no bringing stability to the trip with his next words will tell you that is very much he has a strong leader here in the country and that's part of this new york region and with it on the ticket bringing united russia through the parliamentary elections in december and then on to the presidential election next to this approach of it all goes to plan as they see that awareness you know it thanks very much for bringing us up to date there from central moscow but see what his departure what factors departures had on the russian stock markets today a book of a is that he's business so you can catch up with her now you. have

a good year last week how they how this news going down this afternoon. could resignation was announced after the market closes it became clear if i meet often and that will leave his post and of course it's bad news for the russian market. which is a part is expected by many in the is to deliver a severe blow to russia's investment climate as he's highly respected by the international business community and also by the domestic business community as well and also can say that some of his creditors also steering russia for the two thousand and eight financial crisis so there's a lot of uncertainty on the markets right now with a lot of investors question themselves who's going to be next and what's going to happen so we can say that the markets reacted to negatively to the prospect of his departure and now we know that he's departing and the markets dropped from the early in the day in finally the r.t.s. closed flash to negative while the mice it's again slightly about one and a half percent but i think we're going to see more reaction from the markets as

they reopen on tuesday all right do you looking forward to seeing your game the full business bullshit about fifteen minutes time thanks for your update. eurozone leaders are working against the club. sort of 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 euros. may not be able to help out the bigger european economies leaders are also planning to write off half of greece's staggering debt but analysts say default is still on the cards greece has been hit by another wave of public protests against the public cuts meanwhile the people are seeing now is to prevent the so-called too big to fail countries talk about italy and spain from being dragged down to and as art is gone each a can reports the global lender of the i.m.f. has been 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 economic recession and to sell a vast chunk of public assets at fire sale prices some have new choice but to cut dificid know the i.m.f. former hand dominique strauss kahn said there forcing greece to pay back its debts would unacceptably impoverished the country and that everyone must be willing to accept losses on greek debt could kill answer 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 park. to the monk or principal and interest we're not in the business of sense 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 policy

making it's 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 us was sending devastating shock waves throughout the world the organisation proved completely we've done didn't get in the face of the united. kingdom much rather than warning about the builder. completely. and it might be better to be able to monitor rich. eight as well as. it would. belittle 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 do what i say about what i do when countries pay homage to free trade and hold back developing countries with barriers what do they really say who would i say not what i do a do what i say not what i do world will fracture to the detriment of all. we always hear in must change with the ins the obvious members themselves get problems any doubt whether the organization will be able to take adequate measures to work out possibly another global crisis as well lending money for the world's weaker economies the i.m.f. is still facing the challenge of offering bible for the things that come with measure it's the one thing as we are the world demands an i.m.f. that does not work solely for the benefit of the few i'm going to check out what is

what i think. well with cups of all cut similar the only recipe coming from the. david campbell bannerman told me people living in the euro zone won't take being forced into further austerity but i think what's happening is the markets is reasserting itself a lot of countries are saying no you're getting real trouble on the streets of greece the cia actually prophesies now that agree a military government to greece is a possibility god forbid. there is serious political movement since they in amongst young people in italy i think the democratic price of yet more is potentially too great and that actually takes us really to the edge when it comes to the euro is a very serious situation this is the a move in the right direction to stabilize things but the moccasin may just not have it the world is very interconnected which is why this is all happening in the banking sector particularly is very interconnected i think french brains in particular are very exposed to greek i think i've seen

a figure of forty five percent. actually been due to french banks so there is concern about the knock on effects to those cranks in france and elsewhere of course it's french banks it's all part banks around the world we're very interconnected and so yes there is a real concern here. it a few minutes on this channel r.t. tonight to protect and to subdue british police powers the blanket ban marches and demos right paranoia leads to a rollback in the rights of expression we report from london in just a few. we've seen palestinians optimism over the un statehood bid very much so last week but now they'll have to play the waiting game of course as the security council considers the proposal the organizations expected to study the requests for several weeks out is more important as across the latest in new york for you. 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 house 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 and 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 at stake and that is why the obama administration worked tirelessly all last week to try to convince the public to me 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 jordi 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 pre nine hundred 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. building settlements as a result of that our 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 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 right now all eyes are on the u.n. to see if the palestinian bid for u.n. membership and see what will and will in essence go through a report or a correspondent in new york riskin thoughts about this story from a doctor. who's advisor to the palestinian president mahmoud abbas very good to have you on the program tonight sir thank you for taking the time to be with us the security council debates expected to last maybe four weeks how do you expect this to. all reality. well reality it looks like there's very little social is crumbling of us support for the palestinian position is its maximum and we certainly hope that it will work out positively as you

know this is going to exhaust about thirty five days in process but i don't think any anybody in palestine is patient enough to revive his so i'm sure there will be a lot of developments going to say i mean palestinian hopes sort of motions running very hard we all witnessed especially last week how long though maybe before the frustration turns to anger if this drags out more and more. well i don't think it will turn into anger unless the united states decided to use the veto so far the palestinians are so anxious to see the palestinians. and as you know everybody feels that independence for they have happened yesterday so the feeling is is going in the direction of not acting and not giving in rather pushing forward for a full vote at the security council but this is a formula so complicated and so many offers are being thrown at the table one of which is. the last of which was the core of.

all or to be discussed the executive committee the piano's executive committee for what comes early but i just want to pressure again the jubilation that we saw last week and i know you're saying you don't think it's going to care for straight in the violence but you know are you sure that you're not going to see violence in the west bank of palestine isn't made a u.n. member soon and get that statehood recognized crucially bother us. well there's a slight difference between or maybe a big difference between frustration and violence or frustration yes maybe the process is going to take longer than anticipated there will be a lot of push and pull but as far as violence is concerned i don't think the palestinians will ever get into that especially the realizing the fact that he's in trouble is indeed looking for a way to explode his problems so he's indeed looking for maybe a new back on the field on the ground so to distract attention from what's happening of the yuan but so far the palestinians are still they have not engaged

in any retaliation even though they are a most are being burned by thugs of settlers around the west bank and even though israel seems to be pushing the brink it's amassing weapons and tanks around some palestinian look at it and maybe pushing the limits but i think the palestinians are much more true much more mature than anticipated they see the political vision is paying off and that indeed they're waiting for a diplomatic out you and your country to talk the mideast peace quartet including very much russia in calling you a palestinian to return to peace talks within a month is that going to happen. well i don't like to jump the gun i would like to wait for the executive committee to take of the decision but i have to tell you there is a big feeling here and i have to tell you this honestly that a big feeling here in the court it has to change its position to change the course of action and maybe stop being hijacked and turned into

a one tatt the palestinians rather would like to see a quarter with the fact of russia with the fact of europe with a fact if you are not only slowly the us going its way as you know the world is indifferent about the palestinian position you show how the speech was well received so there is consensus amongst the member states of the un to give palestine a state so i think it's about time and it's about time that we see a different color purple different performance ok talk to celebrate so i don't think there are some of your thoughts your pleasure to have you on the program advisor as you watch the palestinian president mahmoud abbas. people in britain have long been able to march in protest but those voices are being silenced in parts of the entire month the government's loaded police blanket ban on public gatherings in some areas such as putting freedom of expression under threat of course. reports from. the few workers activists on the home

office ban on marching is clear it's an attack on the basic concrete rights 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. japan 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 planning 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 once the violence past doesn't necessarily mean to say that march isn't it just means that the police to more powers and that's a part of the wider problem but if you're restricted to a static demonstration the police are right to pen you in. a restroom

a very nice story. with small posters or not 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 bars affected by the patent but if as many fear the government extends and widen the plan 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 burn comes hot 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 patrick regan from the workers revolutionary party says it's just the tip of the iceberg. fuse talk

about shutting down facebook social network sites. about it or your civil war measures because what we're doing in britain is creating a historic change 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 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 austerity being crushed by the government trade unions or one of the really terrible opposed to the public would have actually does tend to come straight from workers i mean that's been very clear. has been some recent

examples of that people being all of the picket lines are not obvious and we can say resistance to. freedom of expression and association in shrine did 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. war stories like that more heart of the news an exclusive footage available our website out single com around the clock for you got wind of futility five a couple stories that i've picked up you might be interested in if you haven't checked out our web site today so far resisted mated with what being two point seven billion dollars tab over libya so far that seven times more than one hundred taxpayers now want to know exactly how much the military shelling out that story

interesting it's almost like a war and also meet russia's state of the art mars probe but this is the ship that's set to go on a major mission to dig into martian moon and reveal the secrets of its soil science and technology news and a lot more to it artie dot com of course as well and are you tube channel lot more miscible stories that. it's nine twenty three pm moscow time a couple of world news stories in brief we'd like to tell you about first to syria where the anti-government protest crackdown is now into its seventh month tanks have become bombarding the strategic opposition city of in the west injured at least three people the latest accounts the u.n. believes more than two thousand seven hundred girls have died since the country's violence began this year embattled president assad insists terrorists are the plane and that his security forces protecting citizens. the first african woman to win the nobel peace prize has died while undergoing cancer treatment one guarded math i

was seventy one founded the green belt movement which has planted millions of trees across the continent she also campaigned for democracy human rights and particular women's rights i became an m.p. in two thousand and two and served as a minister in the kenyan government. and i think that the fighters of both of the colonel's hometown now as their three day long assault continues lies between the capital and the eastern city of ben d'arcy both now help by the national transitional council and its one of our fee loyalists most stubborn strongholds still hundreds of civilians fled the war zone as revolution. forces fired volleys into the city from the front lines monday. pretty soon tonight about five minutes or so we're heading off to a tiny baltic state that's making big radical moves right now to this since its. first though business up there with more reaction to the departure of russia's finance minister in the last few hours.

hello it's time to delve into the world of business and as we've been reporting alexa couldn't has resigned as russia's finance minister that follows a disagreement with president medvedev sparked by couldn't publicly stating he would not work until midnight if in the next administration well the transgressor commission was announced after the markets had closed it became clear by mid-afternoon crude transpositions was no longer tenable correspondent peter all of a brings us the market's reaction. when somebody who's as big a play hours alexy could today intend as their resignation the effects will inevitably be felt almost the markets when that announcement was made that there was an ultimatum be issued from president made yet have to cogent to get on board with may get its policies or to tender his resignation then the both the my six and the r.t.s. dropped by wall and percentage point now if you couldn't is a highly respected figure in the financial world not just here in russia but also

internationally he was credited with being one of the people to bring financial stability back to russia following the dark days of the mid ninety's. you know he's also one of those people credited with setting up a a reserve fund an oil reserve fund where excess oil revenue would be stored now that reserve fund became incredibly important in two thousand and eight when the global financial crisis hit the phone being in place meant that russia didn't suffer as badly as it perhaps would have done had that money not been there the announcements of good things resignation came at the end of the business day here in russia the markets had already closed but from mid afternoon it had been pretty confident that his position was untenable untenable and that he would be leaving the post of the markets dealt with not for a couple of hours before close with pretty much the knowledge that this was going

to happen we did see some sales taking place almost to my six and the r.t.s. but. it due to the volatile nature of the international markets at the moment it is very difficult to to say for sure what is the driving forces when it comes to seeing the markets go up and go down no i'll be interesting to see on tuesday morning when markets here in moscow reopen if they'll be any food the changes in if they see the resignation hold and. you couldn't will be driving first day in the making differences all the russian markets. injured let's have a look at those figures the russian markets closed makes the r.t.s. ended flat to negative and that my six was one and a half percent at the klotz so have a look at some of the individual moves in the why it's most energy may just go on the rise with gaining two and a healthy sense slipped into the negative territory in the end of the trading session ranch telecom giant ross telecom also turned into red this comes as the

company's listing twenty five percent of it shares and london. stocks are rising as investors but the european central bank will take action to prop up the region's unstable economy though the nasdaq is down about one percent and the european markets have ended monday's trading session in the blood bank in stocks more high although miners were under pressure due to we could come out of the prices. and oil prices are higher this hour in the us is speculation that europe's over jet prices will cut fuel demand i mean ample supplies brant land is over one hundred and four dollars for a while lights which is about eighty dollars a barrel. so i have time for knowledge joining me less than what is time for another business update and get more from our web site r.j. dot com slash business.

world. renewed the latest in this. science and technology from the ground floor show. we've got the future coverage. in some petersburg all she's available in hotels a story and a little ambassador release from school to kowtow to triple desoto true school photo golden gold and noble tilsa into. pulte.