test yourself and become free. see what nature can give you on aunty. on arctics of night russia's finance minister's big saxe the first fallout from a development putin's presidential plans after comments over the potential kremlin job swap. the dash for the cash in the eurozone has made a scramble for an urgent rescue plan to stave off another global meltdown while the international monetary fund is accused of not treating countries equally. and the un's most powerful body prepares for talks over the palestinian statehood bid for the u.s. and israel a big leg for stalling because story. welcome

you're watching artsy from moscow with me kevin no internet our top story the eleven pm russia's finance minister has been fired earlier on the saving president but where they've dismissed alexy could run after he said he couldn't work in a possible government where russia's leading player switched roles now if he's innocent now is across what's happening. but all started with the weekend's big news that lady mayor putin will in fact be running for president in trying to tell them you'd like president medvedev to go on to become his prime minister of finance minister former i think you could say now of course finance minister alexei current troops comments about that news him saying that he doesn't see himself working in images governmental obviously talking about him possibly becoming prime minister the president not happy about the comments they were making in the last time i was there and visit he calls them utterly inappropriate and this is what he had to say he sat down. and yes it was 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 and now are you going to resign the physicians who know what's the root of furnish the gist of my opinions do differ from yours and only take such a decision after a talk to the prime minister of religion or sales which is fine and the most successful still 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 i'll give you the reconsider the differences you're talking about or if these differences do exist which he no other way than for you to resign although this would be an option don't come free of this deal with mr a very harsh words there from president medvedev as he could tell it on the spot there isn't this all the position now is that what this means that you are a possibility no one can really say oh we're going to see some reaction force on the markets from those that were saying that we can see is that politics are

stacked or it might just be that they were very the reaction has been very mixed here in russia and our process the flow out of course social media was a surprise candidate if you look at twitter and positive comments are both positive and negative. if we just go stateside it's not very unexpected western media really party and therefore this isn't about russia and its democracy i just want to take you through one of the tweets that was written by u.s. senator john mccain known for his anti trust rhetoric and antique rootin in specific rhetoric saying surprise surprise shocking news that it is running for president again in the back here in a moscow the presidential aide to meditative are ready to prove it she writes but nothing to be cheerful about it's better to play ice hockey stick a stadium that of course we cannot meet on the weekend i need to start right it's high time to switch to a sports channel now with that said it's no secret that both teams and men dead in

their so-called and into a very nice theory to present is now bringing stability to. the next to leave that is very much see as a strong leader here in the country and that's part of this new. and innovative honor to keep bringing united russia to the parliamentary elections in december and then on to the presidential. on his correspondent listen our there are fast moving developments in a russian politics couple of hours ago. euro zone leaders are working against the clock to 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 preparing to use the size of the eurozone bailout fund the two trillion euros that's off the i.m.f. and it may not be able to help out the bigger european economies leaders are also planning to write off half of greece's staggering that but analysts say default still on the cards never happens greece has been hit by another way for public protests against public cuts but the priority now that was to prevent the so-called

too big to fail countries talking about italy and spain from being dragged down and as artists going to church or can report the global end of the i.m.f. is being accused of disproportionate policies. the leadership has changed but the methods have not for aid. spirit 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 chunk of public assets at fire sale prices some new choice but to cut the deficit no the i.m.f. former head domenic stressed current 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 but philanthropy 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 dark. to the

number principle and interest we're not in the business offices 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 has 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 we've done didn't in the case of united they. are much stronger than warning about the builder. and it. will completely. able to monitor the rich and.

pay it well. it will credibility some experts see the intimacy between the i.m.f. and us corporations as a matter of concern to all of the big decisions that the i.m.f. 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 they would i say not what i do when countries pay homage to free trade but hold back to villepin countries with barriers what do they really say you when i say not what i do a do what i say not what i do world will fracture to the detriment of all. the always here must change with the ins wealthiest members themselves facing their own problems any doubt whether the organisation will be able to take adequate measures to work out of the another global crisis it's as well lending money for the world

weaker economies the i.m.f. is still facing the challenge of offering viable through things that come with efforts the 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 what inform our hard to. simulate the only recipe coming from the i.m.f. pretty sure o. and p. david campbell bannerman told me people living in the eurozone take being forced into further austerity but i think what's happening is the moccasin is reasserting itself a lot of countries are saying no you get in real trouble on the streets of greece the cia actually prophesies now that. a military government in greece is a possibility god forbid if you know that there are serious political movements in spain amongst young people in italy i think the democratic price of yet more as there is potentially too great and they are actually takes us really to the edge

when it comes to the euro is a very serious situation this is 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 of greek actually been due to french banks so there is concern about the knock on effects to those growing sin france and elsewhere and of course if it hits french banks it hits all the part perhaps around the world we're very interconnected and so yes there is a real concern here. if you mean you saw this channel r.t. from moscow arming israel what proved to be too much for president bush was no problem for obama as we report we look into why america's current leader had no trouble at all signing off a supply of bunker busters to tel aviv that's coming up for you also to protect and to subdue british police get powers to blanket ban marches and demo this is why

paranoia leads to a rollback of the rights of expression we report from london as well. palestinians optimism over the un statehood bid stress in the last week but now they'll have to play the waiting game as the security council considers the proposal it was actually expected to study the requests for up to several weeks i think would have put knives across the latest for you in new york. 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 is admitting an application for palestinian statehood and the security council haass to consider that application and that as you mentioned is a process that is beginning today a security council members will meet for closed door consultations that's a process that can last two 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 east is at 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 to support the palestinian campaign for membership and statehood at the u.n. it would elevate. to nonmember observer status and that would allow palestine to

join and participate in many forums and file lawsuits with the international criminal president mahmoud abbas said he will only return to the negotiation table if israel halts settlement construction and accept the three 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. good building settlements as a result of that our president 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 course quartet statement that allowed both parties to go back to the 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 see what will and will in essence go through the course for the new

york reported there will let's talk to. the palestinian legislative council joining us on the line from ramallah tonight thanks ever so much for being on the program we do appreciate your time know as we heard in our report the speculation is going to be weeks before we get any indication of how the security council going to respond to the statehood bid what do you think is going to happen personally. well the consultations on the bill will start today they have started suppose. three o'clock your time so this is around. been discussing. the application and also the way to deal with the application and there is a possibility. there isn't a group there would be an agreement in the security council today or tomorrow or.

the. special committee. which really is a plus for the proposal. and of course of the cation from a legal and technical and procedure will. or approach and through. their consideration of all the results of the security council in a later date this may take days or may take. a few. then we should suppose that the council itself will have to meet and to. the votes on the. one subject that ok that's that's the way it's all going to work but how do you think it's going to go the end of the day. the end of the day we have nine members of the security council that recognize the state of palestine and we're really united states. doing all the codes.

using threats. and pressures in order to influence the decisions or. all members of the security council that they have had some success with two or three of these. work going on diplomatic work and also or all kinds of contacts are going on by the palestinian delegation in new york and also by the arab. states in order to convince these states to stick to their position or of the recognition of the state of palestine and the way it was brave or overly in the security council on the palestinian implication up to now i believe.

there is a pledge by and. they will vote favorably for the. applications both. in the council and we have now. which is the. critical war a critical number of this. work is still going on ok in order to. get i don't ask you your thoughts about the middle east quartet and their latest utterance on this side of it goes on what you've just so adequately described the middle east peace quartet wants your country the palestinians and israel to return to peace talks or even a month for this final deal the talking about to be achieved within a year that's the deadlines they put forward i guess starting by looking at him a decades of fruitless talks between the two parties is that naive.

the main thing in our point of view. is not the deadline because we've heard a lot of deadlines and we were promised many deadlines before and nothing came out of them beginning with the road markets which promised the creation of a palestinian state by the end of two thousand and five we have known as of the eleven and we did not see the. pledge to the materials over the main thing we think is could you just clarify one thing is that sorry sir could you just clarify for me very briefly just get it straight in my mind what the palestinian steve's response is to that request from the peace corps what is its stance and i guess are we really we believe the main thing is to define clearly. the terms of friends of the negotiations which means that the negotiations will be based on the sixty seven

borders and any talk about swaps will be equal and on the basis of an agreed. agreement by the parties and that the israelis should come up to their obligations under the road map this is phrase that is already. involved incorporated or provided for in the last statement of the quartet that the call for three iterates the obligations of was parties under the road map and to us this should mean that the israelis will have to seize all settlement building activities according to leave very clear text of the map of their old marker on this issue thank you very less the israelis accept the. we do not think that. it will

be only. crude only results that could come out positive. from this. position by the corporate ok this is a huge subject we could talk about an awful lot more of course but i'm afraid time is against this for this hour here on our team is the case a member of the palestinian legislative council thank you very much for being on the program much appreciate it. well as president obama struggles to contain the fallout from the palestinian statehood bid reports of a merge which claims he secretly approved the transfer of fifty five high tech bubble busting bombs to israel and apparently how months after he just took office even though that it only has been rejected by president bush who fear that israel at the time would sell the technology to china american political satirist and columnist ted rall told me the u.s. follows israel's every whim. it seems that there is very few limits that the united

states is willing to cross in order to support israel at any cost and you have to almost wonder how it is that the tail wags the dog in this respect israel's a training mission the size of new curiously and it has no oil wealth it has barely a strategic position and yet it's telling the soul the world's sole remaining superpower what to do and it just goes on and on that bunker buster is a five thousand pound bomb that he's only used in order to penetrate deep deep fortified positions the rant does keep it is is said to keep its nuclear research will still be used deep underground and the only way to really access them would be using exactly that sort of weapon so. it's not speculation to ask where they're going to run would be interested in you know we care about this transaction this is very much an escalation of the conflict between israel and iran. britain have long been able to march in protest but those voices are being silenced in parts of

london for an entire month the government's i think police slap a blanket ban on public gatherings in some areas such as putting freedom of expression under threat as out his door and found out. the view of workers activists on the home office ban on marching is clear it's an attack on the basis. of 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 bars for an entire month activist richard

seymour sees a wider motive once again this pastor doesn't necessarily mean martyrs and 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 construction of a right to pen you in. a restroom a very. small business 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 if as many fear the government extend and widen the band 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 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 border area curfews talk 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 never to play. 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 the stereotypic pushed through by the government trade unions are one of the major gawks opposed to the no public order of legislation does tend to use the construction workers something that's been very clear to presidents in recent examples of people being pulled off picket lines and not obviously we concerning resistance to. freedom of expression and dissociation 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 rights to speak out against the government and that's a dangerous precedent to set limits r.t. london. twenty four hour news parcel of an era in moscow tonight thanks for being with us very soon artie's people of rome as guests discuss the possible in the capital is a first that it's going to cross that business with you. hello

and a very warm welcome to the business update and as we've been reporting alexa could ring has resigned as russia's finance minister and that follows a disagreement with president medvedev sparked by cooter and publicly stating he would not work under my bed if in the next administration while christians resignation was announced after the markets had closed it became clear by mid afternoon could transposition was no longer tenable correspondent peter all of our prisons the market traction. when somebody who's as big a play out as a legacy could today intend is there resignation made effects will it have to be felt calm the markets when that announcement was made there was an ultimatum be issued from the president made yet of tuco driven to get on board with a bit of policies to tend to his resignation then people see my six the r.t.s.

dropped by one percentage point well if he 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 reserve fund of the 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 floor and being in place meant that russia didn't suffer as badly as it perhaps would have good had that money not been there the announcement so far that ins 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. 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 on those devices on 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 see the markets go up and go down though will be interesting to see on tuesday morning when markets here in moscow reopen and if they'll be any further changes in if this the resignation of all legacy could will be a driving five day in making differences all in the russian markets. and as archie's future all of it has just been or force in the russian markets closed makes that you can see the figures on the screen the are chance and the flats are negative and the mice exposed one and a half percent are let's have a look at some of the individual share moves in the minus six most energy majors

were on the rise with the quilt gaining two and a half percent per bank slipped into the negative territory in the end of the trading session and telecom giant cross telecom also trying to track the test comes as the company's listing twenty five percent of us preferred shares in the london. and european markets have ended monday's credit session in the blood banking stocks were high all the miners were under pressure to to become more of a crisis. so have time for now more stories you can log on to our website r t v dot com slash business.

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