by the risks all that in business in twenty minutes. it's nine pm in moscow this is our team coming to you live from me so now with our top story this evening the 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 but greece is watching this closely as a tries to convince the e.u. and i.m.f. to release more emergency cash but the greek public sangar is focused on facing more cuts and tax hikes are to sarah ferguson live in athens and now joins us with the latest there is little patience from the greek people as their politicians try to secure a further battle out clash isn't there sara. absolutely the patience is running out

amongst the people here in greece take your bat and leave that was the message from the protesters here today you can still see a few just gathered outside the parliament building we've actually got a concert on at the moment than outside the finance ministry that's the organizations of a lot of people who are being made unemployed to the government's austerity measures one of the implementations that they've put in place to try and secure that bailout cash the eight billion is going to be decided on later next month so you can see the ban is that the ban on the finance ministry itself saying we want life the people here a feeling that the measures that have been put in place are simply stifling them and realistically that is too high a price to pay so it is certainly a different reaction to the positivity we saw after that positive vote in germany today. germany of course like you said allowing the eurozone bailout fund to

swell massively how is that specific decision being met where you are there in athens. where with some skepticism really it was certainly a positive step that chancellor merkel managed to secure the majority of that that is seen as taking decisive action but there are questions really eva how much impact that money is going to have now currently the greek debt stands at around three hundred forty billion euro and the germany very taking to extend the size and power of the bailout fund that would now stand at four hundred forty billion euros of which over two hundred billion would be cultivated by germany was already the single biggest contributor to that fund now we know that that's caused some discontent amongst the german public and now we're not been a cash playing from that yet because there are still countries that have to fight and that it takes seventeen countries jam. with ten so there's still a way to get and as he said the way that that's being received here amongst the

public is with some skepticism they said a lot of people are saying that they view that you're using leaders as a part of the problem of this whole eurozone financial crisis so they're asking how they can be the solution and also there's a lot of mistrust hit because the people here's someone telling me today that this isn't a case of things getting worse month by month old week by week even day by day things here getting worse for the people tomorrow we're going to see the deadline for attacks we see people outside the finance ministry. banning the tax bills that they've been given they say not only do they not want to pay this they simply can't pay it they don't have the money anymore a lot of disappointment in the government we sold the protests and clashes break out between the riot police and the protesters on tuesday after the failed the property tax was passed. certainly

a lot of discontent still among these people so with the next round of money to be decided on next month then with the ballot being extended what people here is that is they're not really sure they will not cash they feel that the measures being taken a too harsh that is poisoning the patient's age speak and they don't know whether this bailout funds going to be medicine will to the country or whether taking that money is going to be drinking from the poison chalice right are to sour first reporting live from athens thanks for that we're going to continue to analyze the economic situation with the euro crisis with professor you know him forte who joins us live now from new york thank you very much for being with us this hour you said the euro will only last five more years so where is europe heading in your opinion. five years is what i predict if i have an optimistic day but everything that's happening now is saying

to me maybe we're looking at a time horizon as short as six months if you look at the bailout package that the german parliament passed today they're really fighting yesterday's battle this is what the european lawmakers conceptualized as nonce to the greek problem for five months ago the problems today are much bigger than the rescue the europeans is much bigger than what the german parliament approved today so. let's bring in another view here president obama claims the arab spring has rocked the western economic foundations because of hyped oil prices yet the u.s. has been howling these uprisings as a victory of democracy why is it unhappy now as you see it. why is obama happy at the moment with the arab spring why is the u.s. on happy with oil prices being hiked up and saying that the arab spring has rocked the western economic foundations when the u.s.

itself pushed for these these democratic so-called democratic reforms to take place in the first place. i think the u.s. was initially hopeful that this was going to give them low oil prices in the medium term hoping for more sympathetic government so this is not clear that this will actually come to pause revolutions look nice when they start but they don't always in this think about the russian revolution. greece is hiking taxes and passing more and more cuts is there a way other than austerity to climb out of this mess. i think austerity is clearly not working if you look at the level of unrest that you see in greece today the likely level of unrest of countries like spain where unemployment is twenty percent and youth unemployment is forty percent and headed higher. austerity is clearly not working the way forward and my view is that the

europeans find a way to undo the mess that they did with introducing the euro in its current shape putting together countries that are usually had a genius and really just do not belong together at all and that's the multimillion dollar question how do you actually get yourself out of a corner which you painted yourself unnecessarily and there are some people who say maybe the easiest way is if the strong countries the ones that are footing huge bills with very few benefits like germany actually pull out and we introduce the dutch market leave the euro for soft currency club med countries which are turning the european central bank into the kind of soft money bad bank. that's more in this and of the bank of italy or the bank of spain which eventually produces high inflation too cozy a relationship with the government just briefly now if greece does get more bailout cash it says it can finally pay its way out but but is that a sound long term solution how do you see that all unfolding if they get the cash.

while at the moment we're really trying to fill in one hole with another the greeks are still adding to the pile of debt that they already have they're not repaying anything they don't have a surplus they still have a deficit and the economy is shrinking as a result of a stereotype the economy in greece today is about ten percent smaller it was two years ago so we're not achieving any improvement in the budget position the economy is getting ever smaller the debt mounds getting ever bigger or stereotype and bailouts have clearly not worked so the obvious way forward for the greeks is to default on their obligations and for the europeans to use the bailout cash that they already have to actually save guy. the financial institutions that's why we care nobody really cares about greece greece is too small greece is behaved miserably in terms of lying about its deficits and its output statistics and so forth we care about the financial institutions in europe this is why we are actually helping the greeks in a much better way to avoid any negative impact on the rest of the european economy

is to actually help banks that get in trouble with greek we see the falls as it has to based on the numbers that we're seeing you know him fault economics professor live with us on the line from new york thank you very much. that's like a daffy fighters have taken control of the airport in the fugitive colonel's home town of sirte the last stronghold of his loyalist reinforcements have been called in ahead of a fresh assault in the face of stiff resistance civilians continued to flee the violence in the besieged city blaming nato for only adding to their problems but let's cross live now to sara flounders from the anti-war group international action center thanks for being with us sara locals say power and water have run out as well as other goods and nato hitting civilian buildings now how does this tie in with their mission to protect those civilians. well from the very first day this has never been about protecting civilians it has been overwhelmingly

a war on civilians nato is responsible for now into the seventh month of bombing more than thirty thousand sorties more than ten thousand actual bombing locations again and again and again it has been the civilians and the civilian infrastructure that has been targeted sirte is now without water without food without medical supplies without operating hospitals it is nato and this is a nato war where the whole rebels are and exhilarate foresaid has been and capable of even taking any ground on their own that is not already polarized destroyed by nato bombardment this is this is a completely nato war for the domination and control of the oil of libya at a time of enormous and growing economic crisis in europe and in the us and they

want to lay hold of this it's an effort to destroy the resistance movement in libya and that has continued under the most horowitz conditions and under the most difficult conditions where everything is for. in the sky using from bunker busters to personnel weapons to. drones to you know one weapon after another that are part of the u.s. and nato artillery you're describing a very very grim situation are we seeing a humanitarian catastrophe on unfolding on the ground in libya i mean who is going to help these people if nato doesn't. well nato hasn't helped at all they are only interested in the destruction and in getting the oil pumping again and we can see this by the way in which nato has carried out a war in afghanistan to this day we can see that the u.s. war in iraq that there's no consideration for the civilians eight years and two in

iraq and they're still not a functioning electrical grid for the population they're still not functioning schools and pure water so it's certainly in libya and so the idea that there would be any concern for the civilian population that is never nato acknowledged sorry operation entirely and the idea of getting things even in tripoli up and running after a month that still has not happened so a lot of your article of earlier this year you say that imperialist military intervention poses the greatest danger for the people of the entire region what kind of danger are you talking about. well from the beginning it's not only been a war for control and domination of libya and for seizing hold of the oil and also the enormous cash reserves more than one hundred thirty million dollars but it has

been a weapon against the gyptian and tunisian and the what's what's called the arab spring the revolutionary upheaval sweeping the region that the an enormous war going on right and libya is a way of pushing back and strengthening the hand of reaction in the entire region so it is a danger it's a real danger what nato is doing its ships off the region its control of the air and having a military base it's finding a home for africa which is the u.s. nato command and control for all of africa. so this is really an opening war into the region and the idea that it has any humanitarian concerns that has never been on nato's agenda we can see it in any of the past wars nato has been involved in and we don't see it in libya to this day none of that is happening

supplies are coming in to any of the cities that nato has bombed and destroyed instead small rebel bands come in totally incapable of supplying any of the civilian needs right sara flounders from the antiwar group the international action center thank you very much for talking to us this hour. in other news kosovo remains on a knife edge 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 classes as nato tried to dismantle the serb barricades artie's alexy are said ski is invalid. now this simmering tension has calmed down from about two days ago and when her stand at the situation still remains very tensed and potentially very much explosive as we understand the serbs are reinforcing their checkpoints their manmade checkpoints and the k.

four and nato troops are pulling more soldiers to the front line to the place where the borderline where the place where where the clashes have been happening for the past several months now on tuesday night another clash happened at the checkpoint 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 war the civil 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 of course the latest events in the north of serbia to facts. 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 did approve 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 ever sense of the cost 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 this the situation in the whole region and could lead to a very serious consequences. wheels are turning out the un security council as the palestinian statehood bid faces 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 antagonized most of the global community by authorizing more subtle or homes in disputed east jerusalem a 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. since the early seventy's it's had a choice between security and expansion and have to use but not with the expansion of the territories which incidentally is recognized to be criminal but everyone they get away with it as long as the most powerful statement will back on as long as you are close and that's what we know it's up to the people that just industrial countries to compel the government should go along with the world. and you can watch the full interview with professor noam chomsky as he shares his views on global events in just over an hour here on our team. it's china's turn to stake a claim to the stars as it launches its first orbiting laboratory nicknamed heavenly palace the unmanned facility will boast beijing's presence in orbit will also task

the waters ahead of china's plans for its own space station by the end of the tech age eagerness of from the new owners of cars were not expected seen believes the country has gone its own way after being banned from joining the i.s.o. . the. china has been approaching its 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 one of the reasons the chinese are developing their own space program is that they weren't invited to join the i.s.m.'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 with which they plan to start building in two thousand and eighteen. well for in-depth coverage of all our stories and more check out our website or to dot com here's what's waiting for you online right now if there's any truth to the rumors colonel gadhafi is certainly earning his air miles out the moment sightings in different countries on a daily basis fartsy has its very own take on where the missing moammar might be hiding out online for more. plus former ukrainian prime minister yulia timoshenko is back in the dock after a two week break and she's none the happier for it go to our to dot com to find out why and visit our you tube channel for other exciting. news in brief for you this hour a court involved brain has handed twenty medics channel sentences of up to fifteen years after convicting them of inciting to overthrow the government the group had

treated protesters injured during clashes with security forces earlier this year in a separate case a protester has been sentenced to death for killing a policeman during the rest the uprising came in the wake of the arab spring and was harshly suppressed 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 is 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. and formal i.m.f. head chief dominique strauss scout column has helped a private meeting with the french writer who accuses him of attempted rape it took place in a paris police station which is common practice to test whether

a case should go to court just on claims the politician attacked on she was interviewed interviewing him on in two thousand and three strauss kahn denies the. and plans to counter-sue first lander. well on the way the israelis trying to convince their compatriots onto a path of peace from the inside but first let's check what's the latest at the business desk with marine. hello and welcome to business here on art scene of russia so the heavy blow in the last spouts all financial markets turbulence last week the country is in this season last over ten percent making rush of the worst performer among emerging markets but does this recent weakness present an opportunity for bargain hunters well on the sequence of it's a capital believes it does but 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 around eight point two billion dollars from emerging europe and particularly russia 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 buying u.s. treasuries rather than looking to emerging markets. and let's take a look at the markets now we'll start with oil which is higher trying to claw back from its biggest quarterly drop since two thousand and eight that's when speculation about it and the expanded european bailout fund which was approved by the german lawmakers today will support economic growth and fuel demand. in close

to eighty three dollars a barrel while the brunt blend is approaching one hundred five dollars per barrel in the u.s. markets open higher after the news in germany and other voices better than expected economic reports in the country which showed the initial jobless claims the clients are the lowest level since april but the nasdaq has since been raised early against trading slightly in the guts of territory this hour. in europe markets closed mix with banks like commerce bank of bar and society asia they're all gaining ground after positive news from both germany and the u.s. let's take a look at a picture here and rush up markets and at the threat and suffering on the higher notes the r.t.s. gained over one of the half percent while the my sex went up over two percent and i look now for some individual show moves on the my psych center jim majors gained with almost three percent the company just received a five hundred million dollars profit for operating for. says in banking stocks

were no exception with the viets it began about the same amount after consolidating eighty percent of the shares of bank of moscow and coal miner at a spot sky lost after posting disappointing for staff were so it's the companies that profit more than have ninety nine million dollars that was for all such or else that capital wraps up today's trace for us. in the two bigger pieces of news today one of them was the you know germany's problem in paris 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 u.s. is better than expected to 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 you know the market will and

i are in a piece of the on the back of these you know two positive pieces of news. shares of russia's top search engine gerund x. have suffered the biggest fall since less than on nasdaq the thirteen percent plunge sent the shares two dollars below the les prize during the company's i.p.o. in may and of us a confidence has been knocked as the company continues to this position and that's how markets with google. another this feud over gas prices is really are in its head turkey says it could break existing contracts if gas from does not provide a bigger discount ankara is complaining that the price of russian gas has risen thirty nine percent and soon the half years the republic annually buys 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. it was all of us

is falling now the headlines are next on the. very first verses of the bible is that all human beings are created but sentimental came in god's image and it doesn't say just jews or not. sixty to seventy percent of what i did as a combat soldier new territories was to do with the turds doing what we call making our presence felt to go out should some bozo they hear

a knock on some doors run to the other corner and they don't know the house religion and nationalism not just judaism have been a part of the problem they've been part of what leads to. bloodshed a few one. thousand four hundred people in a month and you want to expect that this will have no effect until a few you have to be either extremely naive or extremely stupid to hear a religious jew calling another joke and not the way they really did it.

here with r t live from moscow i mean he's now a reason the headlines germany gives the go ahead for a hugely inflated euro zone bell out front as it guarantees two hundred and eleven billion euros worth of loans to prop up its currency colleagues this is greece tries to convince the e.u. and biomass to release more emergency catch. 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 in further inflame the conflict after the alliance reinforced its presence at the northern border with serbia. and china heads for the heavens as it launches its ambitious space lab facility should.