chancellor merkel well that is the greek parliament prepares to vote on a new set of cuts needed to secure the next vital bailout installment. is in athens for us. what you're hearing from the great prime minister to is have enjoyed speaking to members of the german industry in berlin is this a very positive rhetoric he thinks this country can escape the crisis is still the line from the usa leaders is that there's no question a question exiting from the usa and said to full still not being shaken about publicly now here in athens in amongst. the opinion really defense quite significantly you'll excuse of being a little bit skeptical about that kind of speech because we've been here before and we see the same things being said and yet the country still once again at the brink of a deep deep financial crisis at the moment on the ground here we think some prey to such illness even the parliament they think today on this prototype is another all

star if you measure this designed to try and convince the usa need to sequence is making the right moves at the people here is that this isn't really a matter anymore over whether or not they want to pay and of course they don't that is not a case of that is that they simply can't kid of the first time you're seeing people below the poverty line being tax and they say that's simply the money except to build a still a very different public life was being said privately now privately for the last year and a half a lot of people have been saying that just pulls has always been inevitable it's just the fact that eurozone leaders who simply know admits it that they said it's the one of the worst kept secret around a lot of people saying that your it's a needed simply aren't going to accept greece exiting the year because if it were to accept that anyone could leave and that really would mean the end of the year it's a all together now a lot of people saying about this control to folk that really ideally we should be able to do this their way not dictated by the usa leaders but what we've heard is

that what's expected from a lot of people is the usa need to have a choice not to do this the rational way or the irrational way and alison told me. the rational way would be to attack this problem head on have everything out in the open up be honest about what's going on and have that control to folk but there's also the irrational way and a lot of people sadly think that that's quite possibly what we're going to see now which is moot if there were a more talks more discussions and in the end will very painful measures the greek people simply aren't working well here is a leaders are reportedly planning to boost the region's played out facility almost full fall but a need in european business journalist believes that would be the end of it yet one man over felt told me that greece will almost inevitably export its financial troubles. contagion is imminent i mean the situation in portugal in ireland is well known port to go is i think in worse shape than ireland but of course the big question with respect to the future of mooresville is what will happen to spain

italy because here the amounts are that much higher and the needs to intervene these deaths are much more huge then it is with respect to legal portugal just you know really down in the totally other bowl game a ball game in which for example germany certainly be very doubtful leuthold the world well if we only look at greece i think it would be a very good thing for us to leave the euro zone and since greece is only a very small part of the eurozone in one kind of like the greek exit in an orderly way if it is done this all who know it will tails within the entire euro zone i think and i'm fully convinced that an exit of greece from the euro zone is from a technically monetary point of view perfectly doable it only takes a little bit of coolness to do it and it would solve a lot it to

a large extent this problem still it needs more exports and more import competitiveness to regain some economic growth it cannot find that growth without the major devaluation of the currency which in this case would mean that greece leaves the euro zone. that was here how about overvalued editor in chief of belgium the leading magazine on how he thinks greece can skate collapse. now the u.n. security council the debate on the palestinian statehood until wednesday that the united states presses that members to not rush that decision in order to allow peace talks with israel to resume while avoiding an international confrontation. ny expect. what the palestinians would need would be nine out of fifteen of the security council members to support this application no vetoes but the us president

barack obama did state last week when he was addressing the general assembly that the only way there could be an independent palestinian state is through direct negotiations and and peace talks between the israelis and the palestinians washington said it would cast a veto if it had to but let's remember that u.s. credibility and influence in the middle east is at stake here u.s. president barack obama has been seen supporting the so-called arab spring the tunisians the libyans the egyptians and so for the u.s. to cast a veto now against the aspirations of the palestinians would be as some critics have said hypocritical the palestinians do have another option and that would be to take the vote before the general assembly where they do have the majority of support that would only raise palestine's status at the u.n. observer state a nonmember observer state but they would be able to file lawsuits at the

international criminal court and participate in many forums but at this point it is stuck within the security council with washington pressing very hard for the palestinians to back down and not put them in a position to cast a veto palestinian envoy riad monsoor addressed the media following day one of security council consultations here's a bit of what he had to say we all know in the security council this is this is an exercise in which there will be a tremendous pressure. so if the number of countries and members of the security council but we trust that we have many friends in the council and the relationship between us and the old friends is a solid relationship and. the polls. they are supportive of justice for the palestinian people and palestinian president mahmoud abbas said he would return to negotiations only only if israel its

settlement construction and since that has not happened and since the statement made by the quartet did not include that the president palestine said that there is no point in talking so while the international community is trying to come together right now to get both sides back to the negotiation table it seems that the palestinians are really driven and determined to decide the fate of their country. so it's a comment on our see my way or the highway tough words from russia's president as he thanked the finance minister saying vital military money out of the discussion anyone who thinks differently it'll. be useful beast has become a blessing to the people of this. state but all good things come out of cost i'll tell you why. now the u.k. has been trying hard to reduce debt but the spending cuts are forcing growing

numbers of people out of work it's now emerged that what few job vacancies there all go almost exclusively to immigrants who are taking ninety percent of vacancies bennett explains why. jamie's amongst the growing ranks of unemployed he's been trying to find a job in social housing since may the competition's fear that for the six i just he's now working for each job so you just find that you know it looks like it's about so you get shoulders to look at salaries. you know maybe going to go to college and maybe do some parts on unemployment's now it's eight percent the highest for fifteen years but no matter how hard jamie tries the old suspects against him job centers like this one helped fill one hundred eighty thousand new fakes. in the last twelve months but only eight percent of those went to a british workers but foreign nationals more successful in the job market nine times out of ten reversing that trend was

a key election pledge of the new government promising to slash immigration but a year on it's only increased net migration was nearly a quarter of a million last year up twenty percent on two thousand and nine and britain second biggest annual total ever way off the government's five figure target i think we're probably over promising given the restrictions that they face it didn't make sense to promise to bring the number down to an arbitrary level when they should be having a more honest debate with the public about the limits on what they could do the government claims its target can be met by capping nor e.u. immigration but that ignores how most are coming from within the e.u. where restrictions don't apply entry numbers for eastern europeans eight times in the last year alone as they continue to cash in on the open borders it's unlikely that the measures are better now that target market close. likely to meet

further measures are necessary for others the problem lies at home pretty patel's an m.p. and from an immigrant family herself she knows what it takes to succeed here but says most don't i go back to thirty forty years ago and you've seen immigrants come to this country what they wanted to is they want to work hard and get on in life they really do their families think about except except shop you know new days gone past we used to have a tremendous british work ethic in this country we really did i think we've effectively lost some of that as it was easy to see that at the job center where most i'm it will migrant workers the problem is that a lot of the basic. you know not doing the minimum wage jobs and the low paid work so they need to be forced into. taking these jobs the government claims it's now doing just that it says we are reforming the welfare system to ensure that we end the benefit dependency which is trap so many people and finally insure workplace

but once the long term unemployed can be forced to look for jobs there's no guarantee they'll get them coming back to that immigration promise the government simply can't keep on keepin it. london. but to me that medvedev said that you as a disagrees with presidential policy should look for another job which is exactly what happened to the now former finance minister who he signs on monday and they say could and said he couldn't work under a new government of of medvedev became prime minister in the future at the top of her takes up the story now for us so what exactly did he couldn't disagree with well since president medvedev came to power there were certain areas of the country ditties for spending improvement things like frequency the prisons the armed forces now some of the spending policies appear to have been in disagreement to what alexi

could have been thought and that's why he lost his job on monday now president dmitri medvedev has on tuesday robustly defended his spending policies saying that defense spending in particular is crucial to the development of russia. when you more we can do without defense spending and this spending should be worthy of russia we're not some banana republic we're a big country it's a permanent member of the un security council them and we have nuclear weapons that's why an increase in spending for the defense budget arms and salaries for military personnel will be the government's top priority and whoever disagrees with that can work out. just well could really clearly did disagree with that and now he will be looking for work elsewhere this all really came. the catalyst for it being the blood of me of putin will run for the presidency in twenty twelve and that he would put forward to me to be his prime minister. couldn't to say that he

couldn't work with. to be prime minister g two spending policies in turn issued an ultimatum to could do in saying the get on board or get. resignation. and he was dismissed from his post late last night after eleven years in the job so the veteran finance minister out of work in russia currently with out of this time if you want to find out a little bit more about this story stay with us here at all t. in our business report coming up at a few minutes they'll be looking at the favorites for who could be taking that job next. piece of any. of the live for us from moscow. now keep across developments on that story also on altie dot com and his home you like including the actual frosty exchange between the president and the man who was his treasury treif well also online today. as russia's

defense ministry decides that the country. is outdated. and moscow is in the mood to move this is internet sensation that these videos show him before his gig around the world now he's in russia's capital getting on their feet . down by getting online for all our video reports that ask him to call. ukraine's former prime minister yulia timoshenko is back in court after a two week postponement the iron lady of ukrainian politics is on trial for abusing power when signing gas deals with russia which allegedly lost millions of dollars some think she denies thousands of her. supporters are rallying outside court and as he reports south. many say that the court hearings are entering their final stage with debates in court to take place within the next several weeks some say

units i'm ashamed of my still get a prison sentence up to seven years for the economic crimes she is being accused of but most of the experts think that she will most likely get a suspended sentence of five years and that will automatically take her out of the presidential race in twenty fifteen and the parliamentary complaint due to be held in autumn next year now i'd like to remind to our viewers that you did to my shock was being accused of several economic crimes one of them is according to the prosecution is that she managed to strike unlawful gas deals with russia in two thousand and nine at the same time it is very interesting because moscow is adamant that those gas agreements were signed in full accordance with the international legislation and thus they must be fulfilled until they have been revised to the court hearings have been going on since june certainly this is the loudest and the biggest court hearing now again right supporters of you that huma shankar and those

against her are being stationed at the main street in kiev the street in front of the court building for several months now and they're still here with course expecting their presence to. to multiply within the next several weeks and tensions will most likely be rising. now syria's foreign minister is blaming foreign governments for fueling rest in his country. all sides in the conflict since talks to end the violence that in that external interference is unacceptable the crackdown on protests is now into its seventh month cheap spot by tanks and helicopters the proportion storm to feel position town to pounding it overnight heavy machine gunfire a little stunt strategically important and i was on my way to talking and it's close to the city hall and the u.n. estimates that more than ten thousand seven hundred died from the crackdown began mideast academic adults even he says the conflict stuff from the rulers of foreign

countries financing the opposition. well i think the mosque has already proven that that is very serious about and still gaping reform has initiated a series of regulations regarding the media a multi-party system but the opposition unfortunately has been refusing to sit down and dialogue with the regime so the problem here is not the syrian leadership but the opposition which is being encouraged by and thought of freedoms from abroad whether by the gulf corporation console or all of the nato kirk especially and other groups working on their ground so i don't know what you define as military and the run from but if you have an armed mutiny that is being financed and supported from abroad i don't think you can call that a peaceful uprising. some more world news now this hour paul full typhoon nesat has

struck the philippines bringing monsoon rains and strong winds that have flooded parts of the capital at least twelve people including children have died in the storms which are forced businesses to close as well as the truck to travel and power supplies over one hundred thousand people have been evacuated from the worst affected areas the thai food is expected to move across the country before we. say . meanwhile in china to subway trains have collided in shanghai injuring more than two hundred passengers some critically it happened on the one of the city's newest lines when one train slammed back the number as a result of a technical fault a similar collision between two high speed over ground trains in eastern china killed people in july provoking public anger about safety standards. you would. overwhelm the port of strength in

a strategic victory in seizing the final strongholds of because. they still face a tough resistance from gadhafi forces with heavy fighting reportedly heard in the city it's been on this is stage of time for the past few days with hundreds of civilians forced to flee the ongoing war has claimed an estimated person holds and lives. brutal but beautiful for residents of the icy arctic island of spitzbergen polar bears are common size they're all via stages but they've proven a huge attraction visitors there are seasons on a boy who reports now on days taking a walk on the wild side to meet the region's most famous inhabitants. bear watching and bearing being watched from the moment you arrive any longer be an airport the king of the arctic never lets you out of his side he watches you collecting your backs from the belt and browsing in the souvenir shop enjoying spitzbergen

spectacular scenery or simply doing a big rush. the pulling very cult of personality is still huge here it makes some dictators down south look like timid harry even the archipelago about him. is a good picture of. promoting. the wrong things. restricted us to you cannot. it has become a symbol for this world. but people here always bear in mind the dangers when you pm has a higher percentage of gun ownership than any other municipality in the great the country may be debating tighter gun controls following july so you can't massacre but here are the rules for renting firearms have been in these. medieval local taxi driver says he also believes his cell phone at home but never his reference yet it

was. once my friend and i were driving our snowmobiles in the countryside when we saw a polar bear we got pretty close to him even started walking toward us when i realized that i left my signal home it was a close call i tried to be more careful. contra's have a happy ending a seventeen year old british poor was killed and for a few companions injury when a hungry polar bear rampage through their camp in early august. just days before they had left an ecstatic post on a blog about having seen the bear from a distance that danger for people traveling in the natural have to obey is that they could be seen as prey it's very rare i mean i have been troubled which which has you know a big operation a big question i think for the texans and i'm seventy if you believe for the easiest to be released but local experts believe functioning rifles may have been to blame with twenty five hundred people and three thousand polar bears living on

the spitzbergen archipelago securities obviously and they should to keep in mind and while locals and tourists strongly advice to carry firearms at all times being loaded for bear is definitely not the way to go here well the death of the british teenager shocked locals suffield killing the bear responsible was unnecessary. the notion that humans might be sacred just because it's human life if people only dumped x. fascination with polar bear spray paint here from sweden i will do this guy he trained hard to never miss it he says anyone living here realizes that even your rifle is a polar bear is like shooting yourself in the food i think it's a lot of choice. because of. the guy it's always us to carry the rifle and things like that so absolutely it's at the attraction but that attraction base is. at least based on the danger of greed and a very good we know the perfect recipe for peaceful coexistence but so far the

majority of spitzbergen is locals on two legs and four b. side by side and both communities are growing some are longer piano spitzbergen. c.n.n. american policy expert warns of why the us could still stay on top for a long time yet first thing the business needs with the. hello and a very welcome to the business update and as we've been reporting russia needs a new finance minister following the shock departure of aleksey kudrin on monday jacob from morgan stanley russia says there are a few candidates who could succeed but all will find it hard to match the confidence he in spite. i think there's quite a number of people in morse code who have the qualifications on paper and perhaps personality to be the minister of finance there's ignatieff the central bank

governor who worked in the ministry of finance this view given there was a deputy minister of finance deputy central bank governor those to walk of which the president's economic advisor those deputy ministers in the ministry of finance such a store jack you have the capacity to to to fulfill the role want to trade with the track record he has the credibility and you don't build that up overnight and russia needs a steady hand on the fiscal tiller today. let's take a look at the markets the r.t.s. is adding three and a half percent and then my six is up two and a half percent this hour let's have a look at some of the individual shares moved on the my six energy stocks are on the rise and meet strong with crude oil is gaining two and a half percent this hour among the miners all the metal is gaining more than one percent as precious metals are advancing and in other sectors are a fortress among the main gayness after a while four hundred twenty fold increase in net profit for the first half of the here our floor also sas is considering listing in dublin and new york. on

stocks in europe are posting strong gains the food c. is up three percent and the dax is full percent higher germany can make a dime there rallied four and a half percent after it was upgraded to outperform from neutral by credit suisse. turning to oil now is being supported by speculation the european central bank may alleviate the region sovereign debt crisis boosting growth and fuel demand rights which is currently trading at just under at about eighty two dollars per barrel while branches that one hundred five dollars. russia's oil major also nafta is in talks with each and is any of the joint development of a project in the black sea that's according to the busy. his daily. quoting sources close to the deal the newspaper says the european company got a third of the joint venture which is expected to be sealed by the end of the g.m.

in response was snapped wants to win a role in any project to leave the russian company discuss the possibility of working in the black sea with america's chevron and exxon mobil. world's biggest soft drinks maker coca-cola is planning to invest three billion dollars into russia's economy by twenty sixty and that's as much as it spent over the last twenty years speaking exclusively to r.t. the company's president moved our can't explain where the money will go. that's going to be investments in more production more distribution more marketing more branding more communication more support of our customers where we have seen opportunity in russia we have made some my positions like molten and like we've done. so that those are complementary to our business existing business we feel that our portfolios very rich and we will be focused on organic growth in

the next few years. that's all we have time for now. call website are.

down the official. touch from the. video. on ts minefield comes and says feed now in the palm of your. question on the. wealthy british scientists. it's time to. find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines.

this is greece is rushing to reinsure investments that its. bailout. the prime minister says all it can to cut costs says george. discussing the palestinian recognition. of the security council. under immigrants and. getting employment. so they show. a sense of.