clinton minutes. five pm in moscow i'm at treasury good to have you with us here on r.t. our top story hard pressed greeks will get a nasty surprise on their electricity bills a highly unpopular new property tax that's being levied to help the government pay off its enormous debt leaders are scrambling to reassure lenders that greece is solved and so they can secure more bellowed cash r.t. saraf earth is in athens she joins us live with more so sorry how reassured can the greek people be by what they're hearing from the e.u. politicians. well we've had the head of the european commission manuel for a say saying this is not a sprint is the marston but the greek people has said that being stopped in their tracks by the surveil steroids the measures that we're seeing being passed by the government not the choice code it team is coming back to greece they're going to be

assessing the situation here head of the decision has to be made aware of the european leaders going to release that next function money that eight billion year or so at that there's a lot of skepticism really about this post have rhetoric that we've heard coming from the european leaders now the government posturing yesterday as he said that extremely unpopular property tax that was seen as a putting the way to the choice code it seemed to return at that realistically there are many questions being asked as to how effective that will actually be it's going to add around another thousand euro is yet to meet people's household bills and the electricity company the electricity went to some cells has said that they're planning to we call that. the i did that this is going to it's a place to plug a t.v. really and you're a deficit in the budget the i did it the money will actually be able to be raised some other sites they can see as saying it's simply unrealistic that is actually

going to be more and that region of the million so that it's not going to have the impact asshole that it wants and really that's one of the messages here is that you know if you lose the public support then the government compulsive the measures that they want to the european leaders can say all that they want to about the danger of the situation but then not going to have any impact unless they have that public schools or groups have been vocal in their disappointment driving more and more cuts here on the streets what are they telling you. that they're experiencing disappointed remember the postle policy here was the people's movement it was extremely popular when it came in surprise it was a socialist movement they really fill very. very let down about the government decisions where these decisions have led the country we had again he was talking about you know the challenges that the e.u. now faces that the european union faces and that greece is absolutely going to be staying within the year a bit here on the ground these are everyday situations the people having to do with

the extreme really high unemployment and they really don't know who to trust now because we've seen these measures because we've seen them fail and again i have to highlight that the fact that the troika audit team have come again on the back of the government policy this property tax that's a place to be seen as a positive but the people here is that that they're simply not going to pay it this week at the end of this week one of the previous cuts is supposed to be collected for the people here that's the deadline for that is going to be reset people is that they're going to be outside the building says the times collectors they're ripping up the bills that they've received the saying the simply not going to pay it so these measures is simply not going to have that impact so if the the european union leaders to wonder how it seems that they only have to pull the people here were saying last night we saw the outbreak again those riots and the clashes between the right at least in the protesters you know these people are extremely

angry about how this is affecting their lives to come back to. analogy you know these people are asking for a sporting chance to get themselves out of this and they simply don't feel that they're getting at the moment. marathon in greece will say you know they do it ok sorry for forty four hours from the start of the. euro zone leaders are keen to cling to the greece to greece zero zero member and stop the rot from spreading to their own banks but financial journalist dmitri called for those things i think should go it alone for the sake of their own people. they need to default on their debt if they want the austerity measures to work because right now you have austerity with tax increases and a giant that you're not going to get anywhere and the greek economy is contracting so if it if it continues in this way in the short term long term it just means serfdom because you have this giant debt that's not going to go away that goes for ireland and portugal and spain as well and perhaps italy but i think that the smartest thing for the e.u.

in the in this to do is they really want a solution would be a structured default of greece of portugal of ireland probably spain as well in some sort of way and to allow some of those currents this country especially greece for example for the public sector to issue drachms again it doesn't mean that euro zone has to circulate but it would mean a kind of dual currency system in long term the euro not going to survive for reasons that we're already seeing in terms of national policies overriding a pan-european policy i don't think they're going to be able to create a fiscal treasury and basically integrate europe but in the short term the e.u. may stay alive if they allow some of the other countries to begin to issue their own currencies and partially default on their debts. we're gathering expert opinion on what's needed in order to sort out the struggling euro zone click over to harvey dot com you can buy the analysis and there's the blog of belgium's former deputy parliament speaker of the day by newest you believe the greek troubles are i decade old but no one paid attention while there was still time to stop the catastrophe is a blog and many others a click away at r.t.

dot com. goshi asians between serbia and kosovo have been delayed until the renewed conflict on the disputed border crossing calms down russia's foreign ministry has reacted calling for peacekeeping forces to remain neutral and stick to the un resolution several people were injured tuesday night in a clash between ethnic serbs and nato troops in northern kosovo both sides blame each other for starting the violence in which one it's tear gas were used by alliance forces. late july when kosovo authorities tried to seize the frontiers to force a unilateral trade embargo local serbs responded by building roadblocks one serbian historian tells r.t. that nato has presence in the region maybe only making matters worse. nato is absolutely outside the bounds of it might its mandate it is not supposed to be a law enforcement agency for to form a self-proclaimed government it is it wasn't supposed to seize these so-called customs posts in the first place and it certainly isn't supposed to be shooting at

people they don't peacefully protesting the stern of the turn of events it's very easy to improve the situation by not making it worse and at first a spy not deploying these troops in support of. chachi speak state oh now that they have been deployed the creative just as well and retreated like they did back in july early august again needed comancheros to escalate and they are giving us this pabulum about loyalty to her and criminal elements and therefore most criminal elements in this case stay with us here on our team coming up in a few minutes backtracking and sorting out syria iraq drops its demands for immediate un sanctions against syria after russia and china refuse their support. and we look at the cost of free speech even much loved american celebrities like tony best buy and then not have you speaking their mind about us. but first international community has ripped into israel for its decision to build eleven hundred homes in disputed east jerusalem russia says it's deeply concerned

with the plan and hopes it'll be reversed europe and the u.s. also joined a chorus of disapproval prime minister benjamin netanyahu defended israel's right to build with people in the country referring to it as a gift for the jewish new year celebrations this weekend will also see the occupied west bank under strict curfew except for a margin secret palestinian authorities claim israel is not serious about bringing peace jeff helper from the israeli committee against house demolitions explains to us why he thinks israelis don't appear to be in a hurry to get to the negotiating table. basically. israel has created facts on the ground over the last forty four years then of really made made its occupation irreversible i mean you've got half a million this rabies more than half a million living in the occupied territories so that it's i can't possibly see how you go she should use are going to end israel's occupation i don't see any

pressures to get a half a million people out and i think that's what abbas is saying you are useless either you get out of our territory period or the or there's no point in going on with the process i don't think israel has anything to worry about from its point of view there are three countries that matter the other hundred ninety are irrelevant the three countries are the united states britain and germany as long as they're behind israel's policies or delete even if they criticize as long as they prevent saying sions and provide this umbrella for israel israel is nothing to worry about who's going to sanction it who's going to force it to get out who's going to put pressures on his. israel's decision to dramatically increase the size of jewish settlements in the west bank comes hot on the heels of the palestinian bid for statehood at the u.n. on wednesday the u.n. security council starts considering its membership the united states says it will veto the decision if the big gets more than the nine out of fifteen it needs to pass but even if washington blocks the full membership the palestinians could still

get an elevated legal status at the u.n. general assembly where they have a majority of support for european countries have dropped their call for further immediate sanctions against syria the u.n. draft resolution has now softened and threatens sanctions only if assad's government doesn't stop its violence against anti regime protesters but that crackdown continues the syrian army supported by tanks and helicopters stormed the clean rebel city of rostov russia wants both sides to enter talks and opposes sanctions branding them as an unreliable strategy jacob hornberger from the future of freedom foundation says the real goal of any western intervention may be to put their met in power and not help civilian. sanctions have never succeeded in achieving regime change which is what the u.s. goal is and then let's keep in mind that this was a dictatorship that the us government used at one time to torture a canadian citizen name a our air are they supported we barracked they support the dictatorships in saudi

arabia jordan but what they're trying to achieve is to put their man in power that's the whole quest of us foreign policy so there's a lot of hypocrisy here too as well this is something that the syrian people should decide not the u.s. government it's none of the u.s. government's business this revolution is an ouster of regimes should be up to the people of that country because as we all know the price can sometimes be very high in revolutions and that's why it's up to the people of that country to make that decision. ukrainian prosecutors want a former prime minister yulia timoshenko put away for seven years for what they see as on lawful gas deals with russia could also be fined about one hundred ninety million dollars almost matching the money ukraine says it lost due to contract she signed with russia's energy giant gazprom in two thousand and nine the former pm has been on trial in kiev for abusing her power and corruption since june and a verdict could be reached by the end of the week to machine code denies all the charges and claims the trial is a political if found guilty of

a little her out for the presidential race in two thousand and fifteen the case wide protest with thousands of her supporters rallying and camping outside the court. are now to some other stories making headlines across the globe cleanup operations underway throughout the philippines in the wake of the devastating typhoon assad the storm battered the capital manila with torrential rains leading to widespread flooding that left twenty one dead thirty missing residents also bracing themselves for another tropical storm that's headed their way. the u.s. has struck a three billion dollar deal to sell eighteen f. sixteen fighter jets to iraq military commanders say baghdad needs the fighters to maintain aerosol after u.s. forces leave the country the agreement comes as iraqi officials consider extending the december thirty first deadline for withdrawal of u.s. troops from the country. gunmen have attacked a police outpost in afghanistan's helmand province killing eight officers wounding

three others and best to get are looking into the disappearance of another officer from the post and are considering the attack may have come from within it's the second violent outbreak in the region in twenty four hours. california jurors are reliving the last days of pop superstar michael jackson's life as the prosecution presents their case against a personal physician dr conrad murray the doctor is accused of involuntary manslaughter with prosecutors insisting his gross negligence led to the famous singers drug overdose induced death in two thousand and nine murray denies the charges despite evidence that he continued giving the pop star powerful drugs even after signs of his deteriorating health. in the u.s. everyone has the right to speak their mind but that can sometimes carry a high price at least but that's been the experience of some high profile figures who lost their jobs or sullied reputations after voicing their views especially when it comes to sensitive topics as art he's got reports. an american i can

legendary singer world war two veteran and pacifist tony bennett has come under fire for speaking his mind on a radio talk show he said america's actions of broad of provokes terror with the terrorists or with the terrorists are they the terrorists well two wrongs don't make a right they're the ones who started with the plane flying into the world trade center what do you know i don't know about tony bennett was attacked afterwards with stinging criticism from some quarters then he went to great lengths to apologize to those his remarks may have offended i'd like to say that i am sorry if my state statements suggested anything other than an expression of my love for my country america calls itself the land of the free but some are asking why our living legend like tony bennett has to apologize for his thoughts there's no tolerance really for any deviation from the official law even though here in america we're very proud of our freedom of speech and the right to speak his considerable holy except if you

say the wrong things you can get in trouble and artists have musicians have now tony bennett to speak question freedom of speech proved no defense in protecting the jobs of a number of public figures in america sacked after comments that appeared to challenge conventional u.s. establishment views journalist helen thomas who'd been a white house reporter for over half a century was forced to resign after she said he's really should leave land they taken from palestinians everybody has been fired for what they say these days you can but not if you say anything about the president of the united states you can call him anything in the book but you can't say anything about israel. automatically makes you any sematic cnn's former senior editor of middle east affairs davian nasr was sacked a year ago because of a tweet she wrote about her respect for a lebanese cleric who at one time had been seen as the spiritual leader of the

hezbollah but had later broken ties with them nasr also apologized but was promptly pushed out of the us mainstream media it's all about consequences social and economic just pressure rather than real censorship politicians expressing ideas against the establishment if you come under fire true like congressman ron paul who is running for president some in law and i am kind and i have been a christian. they have been explicit and they wrote. their we are can act we attacked america because you had bases on our holy land in saudi arabia you do not give palestinians a fair treatment and you have been bombing. i didn't say that i'm trying to get you to understand what the motive was behind the bombing at the same time we have been bombing and killing hundreds of thousands of iraqis here near would you be annoyed

if you're not annoyed by every going there is some problem booed and labeled on petri arctic by some just like tony bennett was when he spoke his mind it's not so much about what these people said that led to them being booed at or even being fired from their jobs but rather about the fact that in a country that prides itself on freedom of speech that freedom often comes that i have to price i'm going to check out reporting from washington are too. coarse or if you don't watch what you say you can sometimes end up mincing your words as president obama recently found out what is their first between a kind of her and you not the start of the joke but the president found the distinction difficult after confusing the two in a speech he gave over the weekend the details that are to be got up. plus high hopes for greener pastures russian are their cultural bosses keen to set up widespread cannabis plantations though perhaps not pro news and you'd expect strange but true and a click away check it out. returning now to our top story debt ridden greeks have

been clashing with police as their parliament approves a new and deeply unpopular property tax we're joined now by godfrey godfrey bloom a british m.p. for the u.k. independence party thanks very much for being with us so we've heard that the greeks no longer some of them say they don't even want to be safe from defaulting thinking they'd be better off that way what's your take. well of course even the british people now beginning the greek people are beginning to understand that they will be better off by defaulting on what we need to do the rest of the european union the eurozone and indeed the i.m.f. is to help in a stable controlled default in the same way they busted forces argentina did in two thousand and two only without a complete and total collapse in a structured way with the help of the i.m.f. when tina defaulted in two thousand and two. everybody will want to wed and left

them to their own devices what we need is a structured default it's the only way compulsivity to announce and then greece can start working with a currency and interest rates which can start to grow their economy there will be pain they'll be pain for a year maybe two and then the economy will start to grow as indeed the argentinian economy did it started to grow and it grew consistently around about eight percent a year there is only one solution to this and that is default and the trouble is with politicians and bureaucrats and some academics if they simply don't understand international money now you talked about paying money lot of people are talking about when it comes to pain on the ground there is this tax now greek energy companies are planning they say to sabotage the collection of this new property tax there on the people side with this which is thought to be levied through the people's electricity bills do you think the government's attempts to collect this cash will fall flat. yes i do i don't think it's possible for any a call to be and i have to say the british economy is no better figures than a better than greece than the united kingdom and the difference is we're just not

talking about yet you can at times see a way out of a recession or just depression is simply isn't possible in the great winston churchill's quotes on this trying to tax your way out of a recession is like trying to lift yourself up in a bucket by the handle a simply call one of the soon as the politicians the bureaucrats and everybody else face the truth of this crisis the sooner we can start to get out of it now the european commission president has called for closer ties within the e.u. as a way out of the current crisis which is essential you call for more consolidation do you think that's a solution. well of course its whole project is about tightening and tightening and centralized in control in what is a very statist and soviet style of government the commission is not an elected body it's unelected bureaucrats it's a parliamentarian a million amending chamber so there's no concept of democracy in this place if it is now what you have hit is the problem if you are going to centralize fiscal

policy. and you're going to do the sort of things that you need to rescue the euro project it has to have some sort of political legitimacy it of course there isn't the greek people don't want to be a member of it the french people voted against it the doubts people voted against it they will give the united kingdom people have votes on it because they know which way the fight would go so this has no political legitimacy a tool this is about central banks bureaucrats and politicians this isn't anything to do with the people and you can't drive this sort of fiscal centralization through without the will of the people it's a simple as that now jose manuel barroso reiterated his call to issue a joint eurozone bond so the debt of we countries is shored up by the strength of the major players by the german chancellor has rejected them saying they'd make a whole e.u. a union of debt how realistic do you think that is as a solution. well it isn't a solution a toll of course for mr bruce that was communist he started his career as

a communist being thirty five years in financial services i'm a professional economist is no point to be taking the slightest bit of names as opposed to bribes he hasn't a clue no what we need to do is to get national governments democratically elected back to running their own economy is the european union and part of the solution here the european union is part of the problem it's the european union in the eurozone which has created this terrible cataclysmic problem so new is not part of the solution mr berg said least of all. all right godfrey bloom your british hero m.p. for the u.k. independence party not mincing your words thanks for your perspective. more of the world's money news with you up next stay with us. how long very welcome to the business update trust authorities have raided european

offices of gas from a possible breach of competition rules the company's partners are on and also subjects in the investigation artie's dental bushell is reporting from brussels. there was a coordinated raid across the offices not just of gazprom but its suppliers and intermediaries companies like german energy major all w.-e. who then supply heat and electricity or to consumers like homes and offices there is a price fixing the relationship between supplier and intermediary a too cozy and there's not enough competition on the gas markets in europe the european commission has issued a statement saying it suspects exclusionary behavior such as partitioning obstacles to network access barriers to supply diversification as well as possible exploitative behavior such as excessive prices is being seen here in brussels as a final big check up before the european union opens up its national gas markets to

international competition against from says its ordinary practice an official in its export. to standard within the framework of competition rules under have been applied to all of the leading european energy companies there was a similar investigation in two thousand and five which found that gazprom didn't breach any regulation and will demand from north campbell believe no chance the radon gas from could develop into a full on dispute between russia and the e.u. this is a win win their relationship i mean the european union unfortunately. with gazprom right now there is little alternative but i don't think this conflict has perspective to develop into a full fledged contradiction into full fledge conflict i think. this will be a result of one way or another and because the. example of the dependence.

russian markets are struggling to retain the games they enjoyed at the start of the week they managed to avoid fallout from the resignation of finance minister alexei kudrin but europe's debt crisis is weighing on the markets although russian indices are managing to peek into positive territory plumb in the from renesas asset managers explains what is driving the rollercoaster. the reason lokomotiv of the drugs should be so above these two go for us she's the ca's for marketing the world from volume markets console is being quite cheap when the global market sort of thermal russia first in the form of the other reason but you can look up the slope of the russian market is still relatively liquid compared to global versus and when people read the money tends to suffer disproportionately so there is a flipside throughout printings go up and rushed and still perform everything else and that's where over the last decades seems to bear market trough. recently

russell's book called the market in the world three dollars goes up more than anything you know more than anything. let's not have a look at those figures the russian market saw in the right but they are she has a losing of a third of a percent a solid let's have a look at some of the individual share memories in the my six energy majors a mixed gas from was losing more than one percent while look well that's almost a cent on the rise. to make you know it is the main game of the sell the company jumped the most in three weeks after it started accepting beats for its food going into all of the program. and european stocks have retreated from gains germany's dax is flat on london's foot so is low up a day off to try to stick its biggest one day percentage gain in sixteen months as investors reconsidered expectations that euro zone policymakers would act aggressively to resolve the debt crisis shazahn metal group has plunged nineteen percent off to the world's biggest listed hedge fund manager reported the launch

clothes. and oil is heading for the biggest quarterly decline since two thousand and eight that some speculation that fuel demand will drop as the us economy slows and europe's debt crisis fascist consumer sentiment. is trading at over one hundred six dollars per barrel while the w.h.y. is that eighty three dollars about. it brings you up to date join us next for more business stories he. on our team.

in two thousand and ten especially economic zone for industrial production was established in russia somalia region with a total area of six hundred sixty ect as. its investors are granted exclusive tax and customs benefits which includes a five exemption from property land and transport taxes as well as an income tax reduction to fifteen point five percent. the special economic zone operates as a free customs own which enables manufacturers to market their products in russia free of employer duties the same our region is currently witnessing a sewage infrastructure construction the somalia region special economic zone promises exceptional of the cheated sees for developing fuel business in russia will come to the smaller regions for more information log on to invest in some of the you.

five thirty pm in moscow these are your headlines furious crowds clashed with police in athens as parliament passed on new property tax paid towards to pay towards its massive debt this is the e.u. president warns the bloc faces its biggest challenges. ever and that further economic integration is vital. border violence delays talks between serbia and breakaway kosovo after several people were injured in the clashes between ethnic serbs and nato troops russia's foreign ministry wants peacekeeping forces to remain neutral and stick to the un resolution. and away public global disapproval strikes israel which has announced the building of eleven hundred new settler homes in disputed east jerusalem this is the un's most powerful body prepares to consider a palestinian statehood. up next part.