a warm welcome to you live from our headquarters here in central moscow you're watching r t with me and he said no way it's eight pm here in the russian capital six pm in berlin and german lawmakers have agreed to massively increase the size and power of the eurozone spell out fund meaning berlin will guarantee a whopping two hundred and eleven billion euros worth of loans greece is watching this closely as it tries to convince the e.u. and i.m.f. to release more emergency cash but the greek public's anger is focused on facing more cuts and tax hikes etc perth reports to us now live from athens the greek people sour are giving much support to their politicians who are trying to secure further belt out cash are they now. well the message from the people here on the streets of athens today has been take your bailout and leave that was aimed at the troika audit team he's been here trying to hold told about the next tranche of

money that greece is going to need to avoid bankruptcy now you can see behind me here outside the parliament building the people are already gathering this is the third day of the taxi driver strike and already you can see the numbers turning out there you can also see the riot police just at the front of the building now all day today people also outside the front of the finance ministry and right now i'm going to see if we can show you that she got people on keep lying the building that abana above that building saying we want life so the people here really very frustrated indeed this is a stark contrast to the positive rhetoric we've seen from the e.u. leaders today about that decision and the vote in germany they say that that's a positive step forward to changing the future of greece to giving them that helping hand the people here really didn't do it in quite that same way and this is going to be one of the biggest challenges especially for greece is just how the

government going to win back if indeed they can win back the public's support i'm actually joined now by an estate just could sarkis a member of the castle willing posse now thank you very much for joining us a lot of people very very angry with your party right now what would she say to this is a. very. we are the only sort of a shock we don't like. we want our life. civilization but your party keeps on pushing to these measures what you think of those what do you think of the prime minister doing what he's doing well for forty . years this civilization on the other party's were destroyed that's history should say there you go even amongst the past the party themselves we can see that division and it really. the is a division this being felt here in athens tonight got just seems to widen all the time as we said already got people coming out on the streets these protests to

continue tomorrow you've got the deadline of one of the special taxes that's part of the austerity measures that the government has been pushing three to try and get the next tranche of money to try and pull greece out of the situation. what sort more about germany giving the green light to more money for the eurozone bailout fund how is that exact position being met where you are. well as we said there's a minister get this isn't about exactly what that will have and how effective it will be now we know when it happened certainly it was a positive side to a lot of leaders that the german government willing to take that's that to increase the size and powers of the bailout fund now none of the cash started flowing yet it does give some to some of the struggling economies but already we have people questioning just how effective that will be and as he said really the news here is that the people don't feel that this is going to have any impact and they certainly

don't feel any more that they can trust these positive statements and these decisions coming from the euro zone leaders what a lot of people have said is they view these people as the cause of the problem that governments the eurozone leaders and they said how on earth can they be the solution i've talked about some of these special taxes one of the people i was speaking to on the streets today said ask some of the top people in these governments whether they know how to pay for the aid say they've they said i bet they couldn't tell you and really that's certainly the feeling is that these government leaders a very far removed from what's happening to the people on the streets and that is proving a real problem and moved in with some of the measures that the pushing through as he said these protests movements to say not only when they pay they simply because so what you. going to see with this widening gap between the public and the government if the government can keep pushing these budgets through but without that public support they're not going to be able to get the country back on its

feet or to sarraf earth reporting live from athens as this developing story continues in the greek capital thanks for that. let's now continue our analysis on this story robert oulds chair of the influential group group in london joins us now to discuss this latest chunk of money that we will be seeing from germany thank you for being with us this evening tara out of seventeen euro zone countries have so far approved boosting the bow out fund but will these measures actually help. they will not help in the long run at the heart of the problem is the euro and greece and their membership of the euro it's not helping their economy it's throwing good money after bad it's a mistake the really the way to address this is for greece to leave the euro recognize that default is inevitable that is what is going to happen they need to leave the euro and devalue

a new currency and re in figure out their economy that way that needs to be done they need to recognize that the euro has failed for them germany is warmakers seem quite happy to let more bailout cash come from their country are we going to see any backlash what will the german public have to say about this. where there's an increasing gulf between the political class and what the population are thinking the greek population don't want to be paying money to financial institutions the greek government has a different point of view the german population don't want their money to be handed over to greece feckless greece which is wasted more money and the finnish population is also greatly concerned yet the political class are too wedded to the idea of the euro they're not facing the economic reality they're just concerned with the political project of the euro and the european union when they should be concentrating on people's jobs and protecting taxpayers' money. germany germany is

seems quite desperate to keep greece in the euro with chancellor merkel saying if the euro collapses so does the whole union should greece feel the same kind of desperation to stay in the union you've already said you think that it should leave . well the european union existed before the u. of o. the single market existed before the euro in fact the euro is hurting the single market because it's creating more divergence it's helping. i mean is that like germany's helping their exports whereas it's hurting me such as greece ireland italy portugal and spain it's creating more divergence so the european union and the single market the use trading blog would be better off without the euro where countries can sit their own currencies value to suit their economic needs and requirements a manager of own economies as they see fit that would be better for everyone

concerned now with so much money two trillion euro tip for the eurozone bailout fund will that still be enough to keep other struggling bigger players like spain italy solvent if they need it. now the the debt crisis is one which encompasses many other nations greece is just the first to be suffering the the severe problems caused by the euro the problems are spreading to other countries italy and they are too big to be viable doubt really what needs to be done is that these countries need to leave the euro that is the perfect way forward course will be embarrassment for some politicians that of their careers to the euro but really people whose jobs come first people whose. economy is people the taxpayers' money has a greater importance i believe than politicians in their careers robert oulds chair of the british policy group on decentralizing european affairs thank you very much

for your announced. in other news kosovo remains on a knife after nato reinforced its presence at the northern border with serbia anger boiled over on tuesday at the trouble checkpoints when a dozen people were hurt in clashes as nato trying to dismantle the serb barricades and that is in belgrade for us. now this simmering tension has calmed down from about two days ago and where a stand that the situation still remains very tensed and potentially very much explosive as we understand that serbs are reinforcing their checkpoints their manmade checkpoints and the k. four nato troops are pulling more soldiers to the front line to the place where the borderline where where the clashes have been happening for the past several months now on tuesday night another clash happened at the checkpoint and at the

course of a border the border between kosovo and serbia and this still a great deal of controversy surrounding this incident because of the sides are playing a blame game and nobody knows whom to blame for this attack while nato troops are saying that those were the course of a service who provoked the attack at the same time the nato troops are saying that they used rubber bullets and gas grenades and tear gas grenades against the attackers while we have reports from medical services in the area that the injured were delivered to the hospital carrying gunshot wounds and so it is really hard to say what's true and what's false and all this story and who is to blame for the tuesday's incident meanwhile there has been a very sharp response from belgrade the latest events in the north of serbia to facts that prishtina is about to set up customs the room what they think is the

independent state of course on the other hand they show that there are international unions and a whole number of states to do prove of such intentions of prishtina we are facing a situation here when international forces deployed in kosovo in fact serve the needs of prishtina instead of maintaining a neutral position this is why serbia is against it this is been happening ever since july in fact every sense of the course of the police set up roadblocks on the border with. so and serbia thus enforcing a trade embargo preventing the sale of goods from the mainland serbia to the serbs living in the course of a definitely the area now remains in high tension just as the whole region and the has been very sharp responses on the international level with in particular the russian foreign ministry saying that this particular dispute this particular incident destabilize is the situation in the whole region and could lead to a very serious consequences the wheels are turning at the un security council as the palestinian statehood bid faces

a vote at the group's admissions committee on friday it needs at least nine of the fifteen members to approve it joining the international body but the threat of an american veto still hangs in the air president obama insists negotiations between israel and the palestinians are the only way to reach sovereignty in the meantime israel has further antagonize most of the global community by authorizing more saddler homes in disputed east jerusalem prominent academic professor noam chomsky believes if israel really wants peace it should reconsider its settlement expansion . there's a choice between security and expansion very clear choice israel is like other states is preferred for since the early seventy's it's had a choice between security and expansion can have two years but not with expansion in the territories which incidentally is recognized to be criminal but every one of

they can get away with it as long as things. the world. and as long as you are opposing that's where we now stand it's up to the people just industrial countries to compel the government to go along with the world. and don't miss the full interview with professor noam chomsky as he shares his views on global events and just around fifteen. it's china's turn to stake a claim to the stars as it launches its first orbiting laboratory nicknamed heavenly palace the on manned syllabi will go spacings presence in orbit and also in the waters ahead of time as plans for its own space station by the end of the tac a bigger is thought from newest of the cosmonaut ex-pat believes the country's got its own way after being banned from joining the i s s. right over the. china has been approaching it

a manned space exploration program with few but very precise steps every launch for them is something new but for now they are at the point we had reached thirty years ago as for technology they may well have borrowed some of it both officially manned on officially from russia the u.s. and europe all over the place but one of the reasons the chinese are developing their own space program is that they weren't invited to join the i.s.a.'s they were even refused the mission just to visit the station though russia and europe had nothing against it so we have to bear in mind that china is a different civilization it was once willing to go hand in hand with us and the americans but will simply go their own separate way so this launch is the first step to their own module based space station which they plan to start building in two thousand and eighteen. well for in-depth coverage of all our stories and much more check out our website dot com here's what's waiting for you online right now

there's any truth to the rumors colonel gadhafi is certainly earning his air miles at the moment sightings in different countries on a daily basis bartie has its very own take on where the missing moomaw are might be hiding out online for more. than former ukrainian prime minister yulia tymoshenko is back in the dock after a two week break and she's none the happier for it is it hard to dot com to find out why and also don't forget to check out our you tube channel for exclusive footage. it's. the.

an eyeopener for those struggling to make ends meet in the current age of austerity has come from the financial world this week an independent traders revelations have gone viral after he admitted a volatile markets play right into the hands of people like him and that's not the only reason why his admissions are causing opera. the governments don't rule the world goldman sachs rules the world it was the comment heard around the world one that generated widespread reaction from papers and pundits alike we appreciate your candor however it doesn't help the rest of us does it but instead of talking about the comment itself most immediately sought to shoot the messenger alessio forbes called him a psychopath c.n. b.c. suggests it might be a hoax new york magazine wonders if it is a hoax or perhaps our worst nightmare well regardless of our intentions the bigger question has been largely ignored was he wrong about the power of goldman sachs and

why was everyone so shocked after all right here at r t in our studios we've had several guests bona fide traders even former goldman sachs employees who have said at the very same thing washington is not the biggest player in this the global bankers are the biggest players the global hedge fund managers that's where the action that is determining the outcome of this mass not the players in washington they have already ceded control to the global banking industry wall street has been pulling the strings in washington from the get go it is the largest sector of campaign contributions and that's to both parties but for the mainstream media who don't share views like these are studies honesty was unexpected survive and thrive t.v.'s george hamon jury when they asked him nice questions on b.b.c. he does let it all hang out and the actual truth came across. recently also sent shock waves around the world when he told the b.b.c.

that most traders don't really care if and when the economy is fixed personally i've been dreaming of this one for three years i have a confession which is i go to bed every night i dream of another recession the b.b.c. interview has now gone viral if you could see the people around me jewels of collectively drop what you just say perhaps there. jobs wouldn't have dropped had they only read matt july two thousand and nine a rolling stone article the great american bubble machine in it he famously described goldman sachs as a quote great vampire squid wrapped around the face of humanity relentlessly jamming its blood funnel into anything that smells like money t.v. discussed with us recently how although people are unaware of it the big bank has profound power in society how much you're paying for gas how much you're paying for electricity how much you pay for your credit cards. your mortgage how much you're paying in taxes and how much of your tax dollars are going to debt service.

unlike the mainstream media a few here would be shocked by rest on his comments was shut down for nearly two weeks these protesters have been out every day hoping to bring an end. or at least awareness to what many call a corrupt system. and still others have argued for years that the government's actions are dictated by the big banks the very special interest on wall street the insurance industry these guys these are the people who are writing the laws that obama is passing they are keeping him in power they're the ones that have financed this campaign and the laws are being written for their benefit. as anger builds here perhaps better questions need to be asked here so that a different message is sent to decision makers here that the system that has been sustained and protected for decades might need to change in washington christine

for r.t. . a look at some world news in brief for you this hour and to gadhafi fighters have taken control of the airport in the fugitive colonel's hometown of sirte as their six day long assault continues they've previously seized the airport to reaks ago but were then driven back by gadhafi loyalists who still put out stiff resistance so the ins continued to flee the violence in the siege city. a court in bahrain has handed twenty medics jail sentences of up to fifteen years after convicting them of incitement to overthrow the government the group had treated protesters injured during clashes with security forces earlier this year in separate in a separate case of protester has been sentenced to death for killing a policeman during the arrest the uprising came in the wake of the arab spring and was harshly surprised with numerous claims of human rights abuses. eighteen

people are feared dead in indonesia after a plane crashed in a mountainous region in the west of the country heavy rain was reported in the area shortly before the plane came down it's the latest transportation tragedy in the country only a day before eight people were killed and dozens more injured in a stampede on a ferry when a fire broke out on board. former international monetary fund chief dominique strauss kahn has held a private meeting held with the french writer who accuses him of attempted rape it took place in a paris police station which is a common practice to test whether a case should go to court to stop claims the politician attacked while she interviewed him in two thousand and three calling denies the charges and plans to counter sue for slander. well shortly renowned american academic noam chomsky shares his thoughts on the latest israeli palestinian developments in the world all their pivotal issues first though let's get the latest from the world of business

with marina. hello and welcome to business here are to russia took a heavy blow in the latest bounce of financial markets her balance last week the country's indices lost over ten percent make of the worst performer among emerging markets but does this recent weakness present an opportunity for bargain hunters well an associates a follower from what creates a capital believes it does but it's investing now would be risky. taking into consideration prices and level this. is very attractive but the main point is that there is significant flow of money is supposed to hit the place right now according to the recent i.m.f. research paper every eight point two billion dollars from emerging europe and particularly russia is supposed to be get all so there is a big opportunity for emerging market being on the top level for big funds but

unfortunately the more trying to be conservative and still be in cash and bind us treasuries and rather than looking to emerging markets. let's take a look at the markets now we'll start with oil which is higher trying to claw back from a biggest quarterly drop since two thousand and eight speculation that an expanded european bailout fund which was approved by the german lawmakers today will support economic growth and fuel demand. it's trading at around eighty three dollars per barrel while the brand blend says that around one hundred five dollars per barrel then they want us markets are gaining after news in germany and other boost was better than expected economic reports in the country which showed the initial jobless claims the climbed to the lowest level since april. over in europe markets closed mixed with banks like bank of b.m.p. power bar and suicides is general david ground after positive news from germany and

the u.s. let's take a look at what happened here in russia when markets ended the trading session on the high notes the r.t.s. gained over one of the half percent small the my six went up over two percent and for looking out for some individual share moves on the my sites energy majors gain withdrawals left almost three percent the company just received a five hundred million dollars credit for operating purposes and banking stocks were no exception of with gaining about the same amount and that was after consolidating eight. besides all the shares of bank of moscow and coal mine are at a spot sky last after posting disappoints and first half or so it's the companies that profit more than half the two ninety nine million dollars that was for offset but also capital wraps up with a straight for us. in the two big pieces of news today one of them was that you know germany's problem and passed this expansion of the the bailout fund which was expected to do both positive nonetheless and later on what really got the market

moving was good economic data coming out of the us is better than expected g.d.p. figures and strong you know basically that inflation is higher than expected which basically suggests that. the economy might be heating up. which i guess is quite positive in this context so overall we expect the you know the market will and i are on a piece of the on the back of these you know two positive pieces of news. shares of russia's top search engine have suffered the biggest fall since less than on nasdaq the thirteen percent plunge sent the shares two dollars below the list price or in the company's i.p.o. in may analysts say confidence has been locked as the company continues to this position and its home market google. this feud over gas prices is ruining its head circa says it could break existing contracts of gas from does not

provide a bigger discounts and grow as complaining about the price of gas has risen thirty nine percent and sue and a half years the republican annually by is thirty billion cubic meters of gas from russia which is almost two thirds of turkish demands and this is not the first time the country has asked for lower prices but so far moscow has resisted any attempts to change the contracts. that's all business looks the south more so as you can always have to our websites are to dot com slash business but in the meantime stays in for the headlines with on the buy for them.

the nature and discover is abusing. him get the leak communicate with the wild. and become free the i'm the. can give you the.

at eight thirty pm moscow time these are top stories on our t.v. germany gives the go ahead for a hugely inflated eurozone bailout fund as it guarantees two hundred eleven billion euros worth of loans to prop up its currency colleagues it says greece tries to convince the e.u. and i.m.f. to release more emergency caps. serbia and its breakaway kosovo are teetering on the brink of boiling over after checkpoint clashes russia is warning nato to steer clear of taking sides and further inflame the conflict after the alliance reinforced its presence at the northern border with serbia. and china has for the heavens as it launches its ambitious space lab the un men's facility should boost beijing's presence of months.