breaking news this hour here on r.t. ukraine's ex prime minister is sentenced to seven years in jail for abusing power when signing a contract with russia and the verdict sparking clashes between supporters and critics. going east moscow and beijing both cooperation china becomes the first country vladimir putin visits the staging hild run for the presidency next year. and america's and to call for a protest in boston's meet a fierce response from the police who reportedly beat up war veterans taking part in a peaceful ground. live

from the heart of moscow this is r.t. with me will receive and breaking news at this hour ukraine's ex prime minister is jailed for seven years yulia tymoshenko was found guilty of abuse of power while signing gas deals with russia two years ago cesar lexy going to ski following the events now joins us live from i just outside the courthouse where supporters have been involved in scuffles with police so obviously emotions running high where you are at this point how are the crowd crowds reacting to the verdict. well now the simmering tension of several years several hours ago has calmed down a bit the crowd is slowly dispersing from the court area the police is the ministering its presence as well but just several hours ago as i mentioned there were tensions when the supporters of either to machine or try to march through the streets of kiev and the police had to disperse them there was no real strong violence used against the crowd but still pushing and shoving and the atmosphere

was very tense we could spark a major violence any moment just as some deputies of the ukrainian parliament had predicted earlier that business would see some major violence how the reaction to the cooling which sentenced. to seven years in prison with her property being confiscated and the damages of two hundred million us dollars to be paid was a rather call of the crowd here is saying that they must continue their fight for freedom and they will do it with no violent means but they will picket the court picket the streets of kiev and other ukrainian cities in order to get their position their sounds heard and the. verdict revised now much like herself has been saying that this case has been political through and through and she was very nervous inside the courtroom over shouting the judge screaming at the judge saying that his verdict came not from the judge but from present himself and due to

my second reaction was very furious indeed. i don't agree with the verdict ukraine is getting back to the year nine hundred thirty seven and the trial showed that the constitution and the administration of justice has been trampled underfoot he said we should protect ukraine against this or a terror and regime easy. it is unclear whether this is the end of the story whether you think it would be able to appeal against the verdict and whether some experts are not ruling out the possible as. decree from president got a question because so much of something like that much at stake here the case. that it's not by the e.u. and clearly putting. the prime minister behind bars could be a very big risk. many experts have been saying certainly we have with the situation in. iraq just you was probably just analysis all the latest details as we get it right. there live outside the courthouse in kiev thank you talked about today about

it has already received some critical replies from european union officials or with calls for the e.u. to really think its relations with ukraine and more on the european reaction we can all cross live to what is done your bushel standing by in brussels for. so what are the comments coming from the e.u. concerning that yulia timoshenko sentence. there's been a reaction from the people in europe here the european union's from policy chief catherine ashton says that she's been following the verdict and that the european union may in fact reassess its whole relations with here as a result of this verdict we've had the e.u. saying is deeply disappointed with the judge's decision and the e.u. commission i did there are serious consequences for that relations and earlier today that european commission's that it hoped for review of this of this verdict on appeal and we've wanted to see changes in ukrainian law so this sort of case

cons happen again the head of the european parliament regrets the verdict or to michigan and he's calling for a review of the case on appeal now ukraine wants to enter the european union has been discussing a free trade agreement and the ukraine president's going to machine is actually due here in brussels next week to discuss the first steps to joining the european union but the sound we're getting here from brussels is that this may be put on hold and in fact stopped if if this case is not reviewed. for more details on this case. the european union has already made it clear that if you use this trial very dearly it takes a very dim view of this trial he doesn't like to see opposition politicians put in prison and i think there is every chance that the european union may take some strong measures such as freezing the talks with ukraine tragically there is no chance at all of ukraine joining the european union. so there were serious doubts

about whether key of would actually go through with the ukraine would actually be able to join the european union but this verdict on yulia timoshenko really seems to put the info of ukraine into the european union in the long grass all right artie said language of their outline in brussels thank you. so i have more on the inside on this one are joined by our legal analyst here thank you for joining us on the program today to michigan has called in our supporters not to give up she wants them to continue the fight against what she said was the author of terri and regime but how do you think the situation can develop from here. you know first of all i have to remember you has proved to be a part of our political writer as he has been a major player in political theater and seen since the ninety's and actually her support helped. seven years ago get into power so even being in

jail even being jailed sure remains a serious political player. of course being put behind bars significantly diminishes your political ability to fly to and maybe even returning to politics but we do we did see certainly a lot of her supporters outside the courthouse today when the vote was announced so we saw a pretty widespread scuffles with the police there you're saying that she still has a big backing although it could wind all during the time she's in prison if i may officials from the european commission they say that they'll be another outcome of the case or they hope they'll be another outcome of the case falling to michigan's decision to appeal the sentence to be changed do you think i know it's pretty hard to say i guess there's not a whole sentence going to be changed. given the situation in the ukrainian politics because if they're going to court which for a long scene yulia timoshenko this is a major port and actually the was the person who didn't let him

presidential election or thought that he came there other presidents or the whole story has nothing to do with economics or criminals. or is it is there some stories or some sort of a political motivation there because a lot of a lot of her supporters. were crying there were political. behind this bird it's not what you're suggesting absolutely there's political motives behind the but it has nothing to do with economics or with. crime is an understanding of european parliament the largest party has condemned today what lies ahead you think of ukraine's relations with the year you know chile. when you were between russia it's large northern neighbor european union and you have to know as russia pipes gas through the ukraine very late between russia and ukraine. actually have developed in the context of those guess deals unpaid bills and different kind of

conflicts in this way all this tries to maneuver between russia and european union and we have seen countless gears wars where you're a deal you're human you bring to my next point you talk about the countless gas was it tends to come around this time of year do you think now because if we could see ukraine use this case to once again review its gas agreements with russia could you see another gas war erupted between the two saluted absolutely i think that clearly is preparing for a changing of those deals and gas agreement you know that economic situation in the ukraine is not a good and money that crane gets from russia for transit and gas for private gas bill back in the soviet years is an important source of cash flow for the korean bhaji but also they have to understand the situation of the market is changing russia is the. right lines that bypass crane and will be able to pipe gas into voiding train and belittles all for

a few major projects of typing gas from the south of regions of eurasia group the union and also the market with liquefied gas coming from. iran from the persian gulf is also developing rapidly so in this case i think i can. will not be able. to do it the cost unless there is a powerful lever it's ours to supply you awful seeing possible another gas would here between ukraine and russia as you suggest they're going to be reviewing the gas contracts with russia. which i had more time i don't but thank you for coming on but we're going to be following up this story all day here on ars he said you stay with us now are coming up for you and later this hour here fighting their way through the libyan rebel troops pave the way through these hometown of some some say civilians are paying true the price of the good. and the

e.u. bailout deal hangs in the balance slovakia is unsure whether it wants or even is able to offer a pound tailings. russia and china are boosting cooperation in a bid to balance out the economic and political dominance of western countries prime minister vladimir putin is in beijing to solidify diplomatic ties and overcome the trade hurdles i think is really is following the law not meeting for public life thank you joe good to see you marina so what do you expect to achieve from this visit we know they have a neutrally beneficial partnership. oh yes you're right laurie well it's important to mention that this was prime minister putin first visit since announcing his candidacy in the upcoming presidential elections and now some say it's a signal of change in focus for russia for many years the last six cents or stage in the country's political agenda but russia's china's rather growing economic

progress has more school in the east and many analysts say that the strategic partnership between the world's biggest and fastest growing economies shift the balance of power in the world both nations have supported each other throughout the years on various issues related to security and development and they also have a similar political views which was proven just recently when they both vetoed the european draft the u.n. security council resolution condemning syria and hence and that it could face sanctions if it continues its crackdown on protesters and russia and china are also members of the group along with brazil india and south africa and we can see it on certain so you cannot have concerts in sea and europe and the you want us has seriously undermined the dominance of their political stage and of course it has paved the way for a merger of powers like russia and china since that was all about strengthening that bond and figuring out how to make it even better. so. you're suggesting that

a lot of the global economic shift does seem to be turning to spot to the west i move more towards the east here and i know you as you were saying with the foreign policy between china and russia both very similar ideologies but what about the concrete paper what about the deals that have already been signed what can you tell us about that as well of lot of our groups and didn't come alone here he came with a huge delegation including russian the business tycoons who were always here looking to make deals with local businesses and the result of that was seven a billion dollars worth of agreements with so many headed by russia's the bank which also committed suicide mission and investment fund and of course energy has always been a major priority and both premier said that they have finally resolved all there are disagreements and issues relating to boil oil of russia as well supply but it's a slightly different picture when it comes to gas were talks have been

a lie again and the premier said they are now in the final stages of negotiations thought there hasn't been a resolution there yet another key focus of data was bilateral trade you know china has climbed by getting germany to become russia's number one trade partner and prime minister vladimir putin said he's confident that this year for a turnover could reach at least seventy billion dollars with the overall goal being two hundred billion dollars twenty so a lot of high hopes. for. both premiers so that they are achievable and they have established plans that will make sure that they will become a reality so i mean it looks like you know the two big players are looking to really further their relationship here and on all known issues of economics some foreign policy as well. thank you. well meantime our francis from the investment company holdings believe that the strengthening of the sign a russian alliance can pave the way for

a new axis of global economic influence the u.s. and europe. join together this really taught me think global politics i think that china and russia can join to get to offer a counterweight and not let them dictate the chain around the world and of course europe and you would not be happy with i don't think the brits will be a political power we will most probably be the economic power because india is really into china so there is no way even the corporate with china but their hand is sent to asia i think china and russia can put this teacher interest in political interest here and would not lead. to mount misspeaking pull. this is very important for both countries now

a quarter past the hour here in moscow you're watching our team and if you want to catch up with our new stories or go to r.t. dot com for more a quick look now at oh some joggers waiting for you one life the inventor of the iconic a k forty seven wins a case in a swiss court after the name of his famous kalashnikov rifle comes under attack from a drinks country. and the siberian search for the secret sasquatch expedition heads out wilds of russia and find out if bigfoot really does exist. this is r.t. now some reports have accused boston police of beating up war veterans taking part in a peaceful occupy boston protest offices moved in after demonstrators expanded their footprint in the center of the city and the movement that started in new york is

quickly spreading all across the country with people objecting to big banks being bailed out at the expense of average americans. fastenal. what we know about the situation in boston thus far is about a fifty to one hundred protesters have been arrested there especially been such a mass a person or more when this movement in boston that there were two separate camp the areas where of protesters were demonstrating one of them got raided by the police a scheming we've heard reports that would use officers actually breaking down the tents confiscating property the most so i guess it really just sat that we had witnessed it was an actual physical confrontation between some former veterans of the vietnam war at least one of the gentleman that we heard about was seventy four years old there is a big deal of him getting actually violently beaten down by the police so very very

unusual situation is something that was actually very closely watched here in downtown new york city were first the original so called occupy wall street protest began that a person or a team has been covering since september seventeenth now these bands these protests are spreading throughout the country there's a lot more support for it and of course it's not so much that the protests as the underlying economic situation that's needing to be conditions that are hurting people to take the streets they are tired of with the color russian and more street corruption in washington and the feeling the economic system no longer represents them and many of the people that i've spoken to here really just don't feel like it's it's a democracy it's the it's the kind of country that a part of be a regionally we're living in people are trying to take a stand for what they feel is right. reporting right on as people across the u.s. express their frustration kaiser report is getting to the root of the relentless

financial crisis but no quick preview for you what's coming up later in the day. those are of accounts from old ladies sitting on fortunes and every single month they get their statement and they get out there magnifying glass and they try to figure out of the bank stole money from them this month but they're very good at doing it so they can pick it out and other pension accounts or their teachers or their firemen remember all these public workers accounts they're being vilified because they want a living wage meanwhile their pensions are being destroyed by bank of new york and other banks so they're getting really gangbang from both directions. in the. documents past the hour here in moscow business is minutes away but for now troops of libya's interim government and fighting their way across the coastal town of sort of claiming they have taken several key positions of loyalists overnight the revolutionary forces have also advanced in the town of bani walid where senior

members of the duffys regime are reportedly still hiding but as investigative journalist simon soft told us here about see its civilians who were ultimately paying the price for the interim rule is. i think what's happening in sirte is really quite shocking i mean if you remove yourself from saying i support one side or support the other side what we're seeing is a full scale so. you know great densely populated area in which civilians are paying a very very heavy price now the reason why this is important is because the whole basis on which nato imposed the no fly zone at the beginning of the conflict was precisely to defend the billion again clearly to the fact that now we have if you like the allies of nato for doing what their enemies were doing a few months ago and you have to begin to ask yourself where is nato now. why is nato not saying these are civilians under attack by a military force we have to stop we have to stop this attack and i think what we're

beginning to see is if you like is that under reemergence of the double standards what's happening in libya now is it's going to be a war crime if it is a war crime and i think that has to stop immediately has to be negotiation they have to be allowed to surrender but more importantly i think if they don't surrender then you put the city under siege allow the civilians to flee and they're not and they're not doing that. just carry on in syria right protestors following in the footsteps of libya's rebel fighters if you look on to our web site obscene dot com you'll find out how russia is willing to mediate a way out of the bloodshed we report on the syrian opposition is a visit to moscow that's one night twenty four seventh's. the eurozone has only one thought on its mind today slovakia the last country to ratify a new bailout plan to rescue heavily indebted european nations the agreement is hanging by a thread as one of the book's poorest countries appears in doubt over whether to

pass the costly package sarah ferguson following the story. we smiter being smack bang at the center of attention recently as the year easing crisis rumbles on another member states are being asked to vote on the european stability pounds you take a look at how these other countries ok playing with the pressure all eyes are on slovak here today to see if politicians will vote positively on the european stability fund to aid ailing countries like greece as the last member states of eight slovakia's decision is crucial to take a look at this t.v. ad for a populist slayback peer it announces who want to borrow from everyone that is greek not wanting to lend to greece that is slovak a tongue in cheek has captured the mood of the people here perfectly. here is not a rich country we need money for our health care system in prague homeless for our

elderly. as the second poorest country in the year is a slave x. a new reason why they should help bail out the richer nations they view as having spent more than they can afford and political dissent that's not there is uncertainty about whether the leading coalition party will be able to get the votes they need for the bailout funds to go ahead the approval of all seventeen countries that use the single currency is needed. a member. or not. i see there's a strong pressure from from other european countries and. probably. if it does approve the plan slovak here would be expected to contribute about seven point seven billion year aid to the pot to taste about four hundred forty billion euro with year easing countries like spain and italy making increasingly unstable many critics are saying that even this will not be enough.

it's the final solution to the problem and they say it will take these margins but this will be the end of it and it's like the end of the tunnel that will come out and what we see is an endless. austerity. pression. measures depression and people realize now that you've got to break out that despite facing an outpouring of public discontent germany managed to pass the measures at the end of last month but instead of back here many have remained strictly a pace to fund their taxpayers paying a penny. the. situation is not sustainable. amounts are so huge that it doesn't make sense and it doesn't make sense to them and i think this is what politicians we all see that there are also other

alternatives probably they don't have euro they are doing quite well they don't need. the same time but they don't have to play money and once the decision of the small member state today could have a big impact on the plans to the bad out fund that is the debt crisis continues to be felt in the richest member states to the poorest is no global concern about just where this is going to and so. athens. top stories coming your way just in a few minutes here on behalf of the business news with. terrible consequences here in arts here we go straight to our top story this hour russia and china are creating a joint investment fund worth up to four billion dollars the deal will be sealed during protests and with his visit to beijing the star of will be jointly run by the russian direct investment fund and the china investment corporation each has

already allocated one billion dollars to the project at least seventy percent of the funds money is expected to be vested in russell and a former cia conference. in further efforts to boost trade beijing has decided to cancel exchange fees between you and the ruble however despite increased trade volumes jacob nell chief economist from morgan stanley believes for converting good for the u.s. still some way are. this to be greece and swore a full year one convertible as he is maybe five years away the first is that currently you were and is undervalued if it was traded at its free market price it would probably appreciate the twenty to thirty percent and you can see that in the peak current account surplus is that china runs they started to look at one appreciate again or for a couple of years when they held it frozen during the crisis so in the last two

months the un has appreciation against the dollar whereas the group although most of the emerging market currencies have fallen shortly so it until it gets to fair market value i don't think you'll see freely traded and the other reason why they're going to move slowly is they're concerned about control and if the external value of the you were on is set by the market by the decisions of central banks to a boy you one or not then they will lose a measure of control. and staying with the subject russia and china have finally sorted out their long lasting row over all transportation tariffs that's according to deputy prime minister igor search and chinese. pedrosa was transmitted around twenty five million dollars oil supplies claiming their transportation fees too high earlier transnet threatened to go to course if chinese partners didn't pay the bills in full every prime minister even station says all the claims amount dropped on the debt will be set. because have

a look at the markets oil prices are heading down after monday's rally but sweet is trading at eighty almost eighty five dollars a barrel while brand is it one hundred and eight dollars per barrel and stocks and europe are trading lower on tuesday as investors await a decision on expanding the european rescue fund by slovakia the last eurozone country to vote on the plan. and here's the raw cern markets are correcting after several consecutive sessions of growth and let's have a look at some individual travels on the line six all majors are among the main retreats this hour with rosneft down two point seven percent banking stocks are also under pressure would spare banco losing points seventy eight percent and that's after a reported net profit that's after it reported a net profit for the first nine months more than doubled to eight billion dollars and megamind a mentor to raise early against and is trading in the red with its net profit has

quadrupled in the first half of the year which is in the balance. so we update the house for you but remember you can always log on to the website www dot com slash business. the book. the be. called to. me is easy. peasy.