business in twenty minutes. you're watching our live from moscow where it's ten pm it's eight 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 costs and tax hikes saraf earth is in athens. ins is running out amongst the people here in greece take your bat and leave that was the message from the protesters here today than outside the finance ministry 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 that 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 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 is 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 a which over two hundred billion would be called defeated by germany was already

the single biggest contributor to that but now we know that that's caused some discontent among the german public but now we're not been a cash playing from that yet because there are still countries that have to very tonight take seventeen countries 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 the year easing leaders as a part of the problem that this whole euro is a financial crisis and so they're asking how they can be the solution and also there's a lot of mistrust ted because the people here someone telling me today that this isn't a case of things getting worse month by month whole week by week even day. by day things head getting worse for the people but tomorrow we're going to see the deadline for attacks we see people outside the finance ministry. banning the taxes that they've been given they say not only do they not want to pay this they

simply can't pay 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 cheese day off to the filth the property tax was caused. says a lot of discontent still among six people sick with the next round of money to be decided on next month and with the telephone being extended what people hear is that is that nobody should 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 or to the country but whether taking that money is going to be drinking from the poisoned chalice. well as we heard greek politicians are desperate to get more bailout cash to remain in the currency union but robert oulds chairman of the influential group group in london which promotes decentralizing european affairs says they're out of touch with their people.

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 the taxpayers' money of the hearts of the problem is the you 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 way their economy that way then that's what needs to be done they need to recognize that the euro has failed for them and i gadhafi fighters have taken control of the airport in the fugitive colonel's hometown of sirte the last stronghold of his loyalist reinforcements have been called in ahead of a fractious solved in the face of stiff resistance civilians continue to flee the violence in the besieged city blaming nato for only adding to their problems well to discuss further the situation in libya now joined by pierre going down was a professor of political science in paris thanks for being with us one of the lines our civilian vehicles have been leaving after a night of nato air attacks on the town people are saying conditions inside syria are disastrous how does this fit in with the humanitarian mission. well actually it

does not fit in with the humanitarian mission from the start the u.n. resolution was a fig leaf for a real intervention and now we're seeing is nato taking an active part in the war it's clearly a war between nato and gadhafi and it violates the resolution of the u.n. which is something that could have been predicted one which was. six months ago. was happening in libya is not just rebels fighting government but it's foreign intervention which does not explicitly present itself as a foreign intervention you. know or against it down what does that mean in terms of nato as goal in the country well. these schools are not very clear except you know what is clear you know the west expects libya to

give free to good access to oil and it's all of companies and so on but now. it's as if it's. back to that could out three era with power that is very much controlled by and by the west so i can believe that the aim of nato is humanitarian and clearly what's happening right now is intervention underside of one group in a civil war the winning side because nato supported where you can nato clearly won the war and now are probably wants to make sure that there is no internal opposition where do you think this is go and what do you think the alliance is next with. well it could be something like cos suburbanite is trying to keep down any form of opposition so the oil flows and. the

tribal fights. could happen with the fall of kentucky do not happen or do not impact upon the libyan economy so that the sable ising in the sands are making the country stable for western presence and mostly economic presence. as some people who have fled the violence claim nato is guilty of genocide by reportedly hitting schools homes and hospitals do you think the alliance could find itself eventually somehow answering to these charges while one has to be very careful with the word genocide genocide you know. the jews in the second world war ruined it's very different from massacres so you can't say that nato is guilty of genocide but clearly nato is responsible for some massacres. it's very unlikely. the leaders of nato could and of being prosecuted in the hague and he specially

americans who cannot be prosecuted in the hague. even though there are people who are dying because of nato military actions massacres it's very unlikely that the people responsible for these massacres could be held accountable by and the international court of justice precisely because of the way the international court of justice is set up to punish only some groups of murderers or. vicious attackers and so on but not others political foes professor parrikar in a live with us on the line from paris thank you for and. well nato is also being warned against taking signs and now there are three generals are reports kosovo in just a few minutes the kremlin crn after nato reportedly uses live rounds and border skirmishes between kosovo and ethnic serbs artsy has a report for you from belgrade. but first the wheels are turning up 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 of 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 side of their 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 truce between security and expansion. this rule is like others. since the early so it's not a choice between security. and have to but not with experience of the

earth which incidentally whose record that's criminal but everyone so they did away with it as long as. it's true about the muslims you're that's where we know it's up to the people of the industrial countries to component will let you go along with. you can watch our conversation with professor noam chomsky as he shares his views on global events in just over fifteen minutes. well 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 boost beijing's presence in orbit it will also test the waters ahead of china's plans for its own space station by the end of the decade eagerness of from the newest of cars will not expand as in believes the country has gone its own way after being banned from joining the i s s

. the q three program 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 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. but for in-depth coverage of all our stories plus much

more check out our website r t v 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 at the moment with sightings in different countries on a daily basis our team has its own take on where the missing momar might be hiding out online for more. plus former ukrainian prime minister yulia tymoshenko is back in the dock after a two week break and she's clearly the happier for it go to r.t. dot com to find out why and don't forget to check out our you tube channel for some of the other stories won't find the world's.

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 clashes as nato trying to dismantle the serb barricades or seize alexy is in belgrade. for now this simmering tension has calmed down from about two days ago and when to stand that the situation still remains very tensed and potentially very much explosive as we understand that 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 of the quarter but 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 there was a war the course of a serbs 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 in all this story and who is so blamed 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 around 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 this 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 oh definitely the area now remains in just as the whole region and in has been very sharp responses on the international level with in particular the russian foreign ministry saying that this particular dispute this particular incident disturb allies is the situation in the whole region and could

lead to a very serious consequences. some world news in grief for you this hour a court in bahrain has handed twenty medics jail sentences of up to sixteen 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 a separate case a protester has been sentenced to death for killing a policeman during the last 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 on the country's largest island heavy rain it was reported in sumatra sort of there before the plane came down is the country's latest transport tragedy in twenty four hours on wednesday 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 with the french writer who accuses him of attempted rape it took place at a paris police station which is common practice to test whether a case should go to court just on vinyl claims the politician attacked while she interviewed him in two thousand and three starts calling denies the charges and plans to countersue for slander. well an eye opener for those struggling to make ends meet in the current age of austerity has come from the financial world this week and independent traders' revelations have gone viral after he admitted 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 bonafide traders even former goldman sachs employees who have said at the very same thing washington is not the biggest player in this 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 seated 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 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 saves 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're paying 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 interests 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 are 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 well certainly for you are now and american academic noam chomsky's shares his thoughts on the latest israeli palestinian developments and the world's other pivotal issues first though a business update with. hello and welcome to business here on our at c russia took a heavy blow in the last moments of financial markets turbulence last week the countries in the seas lost over ten percent which made russia of the worst

performer among emerging markets but does this recent weakness present an opportunity for bargain hunters well on us the secrets of bolivar from what creates a capital believes it does spot she says investing now could be risky. taking into consideration prices and level this. is very attractive but the main point is that very 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 particular russia is supposed to be get all so there is a big opportunity for emerging market being on the top level very now 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 and i will start with oil and it's higher trying to claw back

from its biggest quarterly drop since two thousand and eight that's all speculation that an expanded european bailout fund which was approved by the german lawmakers today will support economic growth and fuel demand. is trade in close to eighty three dollars per barrel while the brunt blood's is finding out one hundred four dollars and forty six cents this hour and they are us markets open higher after the news in germany another boost was a better than expected economic reports in the country and they show that the initial jobless claims the clients are the lowest level since april the nasdaq has since raised earlier again straight in the negative territory it's now losing more than one point eight percent. in europe markets close the mix with banks like commerce bank we have decided to share all day then ground after the positive news from germany and there you can watch us there also markets and that that's right in session on the higher the holsworthy r.t.s.

gaining over one and a half percent and the my stocks going up over two percent let's take a look at the individual share moves on the my sex can see that energy majors again with almost three percent of the company just received a five hundred million dollars that. operating purposes banking stocks were no exception with to be gaining about the same amount and that was after consolidating eighty percent of the shares of bank of moscow and coal miner at a spot sky last after poised standing disappointing first half or so the companies that profit more than helped to ninety nine million dollars and douglas for offset that also of capital wraps up the day's trade for us. in the two big 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 you know that the 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 piece of the on the back of these you know two positive pieces of news. shares of russia's top surgeon engine van decks have suffered the biggest fall since listing on the nasdaq the thirteen percent plunge sent the shares two dollars below the les frizer in the company's i.p.o. in may analysts say confidence has been knocked as the company continues to be specific in its home market to google. and another this food or gas prices is very very ng it's head cherokee now says it could break existing contracts of gas from doesn't provide a bigger discounts angora is complaining that the price of russian gas has risen thirty nine percent and soon the how few years the republic annually by as thirty

billion cubic meters of gas from russia and that is almost two thirds of turkish demands this is not the first time the country has asked for low prices but so far moscow has resisted any attempts to change the contracts. not so business looks the sour for stores you can always check out our website or to dot com slash business in the meantime stay tuned for the headlines when they sell by for that.

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at ten thirty pm moscow time these are the top stories on our germany gives the go ahead for a hugely inflated euro zone balance problems as it guarantees two hundred and eleven billion euros worth of loans to prop up its currency colleagues it says greece tries to convince the e.u. and i am asked to release more emergency counts cash. and seek is often fighters have taken full control of the airport in the colonel's hometown of sirte his last stronghold meanwhile residents are fleeing the violence accusing nato of hitting their homes schools and hospitals. and trying to head for the heavens as it launches its ambitious space lab beyond measure.