what many believe was a final attempt to save the euro zone the settlement was reportedly a close run thing with the back lobby holding out until german chancellor angela merkel threatened letting greece default the e.u. also promises to loan out this another one hundred billion euros while the ballooning bailout fund is in line to expand to a trillion euros now the task is to put it all into action and you have bad overdeveloped your rights to a belgium's leading business magazines believes what's been achieved simply lacks any sort of punch. it's just buying time this is really not the bazooka everybody has been asking for i would describe it as a water pistol this of course prevents for the moment that we really get to a kind of. coalition of the greek and upper level which is now growing in the direction of the eighty percent of g.d.p. but you cannot call this a structural resolution to the difference greek problems they are a little bit afraid to really bite the bullet here because if you look at it

closely there is only one solution for greece and the truth had been put on the table already several months ago that is for greece to leave the euro zone but that is a decision everybody's afraid of and what for example not being discussed now but which is very much on the mind of several of the european leaders is that there is a huge problem brewing in portugal because this country is going down the greek the greek road quite rapidly now so if one does the action today on greece one immediately has to put a similar kind of action into operation with respect to portugal. or europe's proposed bigger bailout parts will need some foreign cash to top it off the head of the fund is now due to travel to china to try and attract some backing but economists there say the e.u. is trying to get others to do what it should have sorted out itself. plenty. hero in who's going to pay because you're talking about one trillion euro and this is a lot of money. right now doesn't have the money we're talking about leveraging

european financial stability fund to. countries like china. india even brazil to lend to the your peers stability fund if you don't have money. to raise the money or prevent already some what china would do would be i think they've been you know by a token amount of. your peers the ability front but when you for. a leading role because. this is what do you believe there should have. or even if that you use at a crisis plan pace off help will still take a while to filter down to the ground in greece but those living through straight and times are finding their own ways to make it as r.t. sarah for us reports. they say that time is money for a country where cash is now in short supply time has taken on

a whole different value the time bank quick change want to services and sometimes they give a painting lessons for free but they take your gun for free also somebody else is teaching yoga the time banks just one of the growing number of service swapping alternatives that are providing people in greece another way to cope with the tough economic conditions services can include anything from language classes to babysitting all him kids' meals huge huge everything we do without money like looking after people are making things by ourselves for a country in crisis buildings issue unity cam predicts djimi high prices the terrible things the create spirit divides people from public sector workers to from private sector workers who. divides richer workers to poor workers immigrant workers from home workers and that's a terrible thing. for the party networks have been a great way of bringing together large groups of people the populist slogan here in

greece now is no one's alone in the crisis organizations are arranging swap shops to exchange clothes and one town in greece is even started its own bartie currency we still have the memory of a good cultural society in greece where people used to do things together like we would do the olive tree of my family this week and then next week we go the olive trees of your family and then the next week of the other neighbor so they would exchange services they like that mickey gives me and her friend alexander he's also a member of the time bank and lesson one of the free services she provides and in exchange alexander helps out with the gardening so the time is repaid it's an amazing way. of receiving finally by giving to the other. many greeks struggle with wage cuts tax increases and with unemployment in

the country now cripplingly high there's been huge interest in the time banks and bars and networks places in aladdin's cave of materials it's no wonder really that this idea of swapping gets in services has proven so popular it's building solidarity it's a time when the economic situation is extremely uncertain. bassinet works won't solve greece's financial problems they do provide a massive amount to support the participants it's not to respond to you cannot make crisis in the sense that it's going to overturn the guard but it's giving support to comfort to both like to overturn a terrible economic policies that are being posed by the troika. it's giving people support to feel that they can do something with the tough economic times leaving many greeks feeling worthless there is real value in projects like the time bank

and with the greek government drowning in debt these creative solutions are offering not only support but encouragement to the people here which at a time of deep recession are proving priceless commodities so r.t. athens. and later today here are back says stacy taking aim at the greek people over how much responsibility they should take for the easy life that led to their country's predicament or here is what's ahead for you at fifteen thirty g.m.t. . is greece the failed state and i want to answer that from riot granny in this image here you see right granny well i think she's saying you know greece is not a failed state it's an occupied state because they're not asking this question about iceland are they. now because iceland stood up to the bankers whereas greece is still being subjugated by the tyranny of the bankers and there's granny here who

you see throwing rocks at the police she's a good emblem for what the cops store for them and the politicians agree says the things heat up in greece hopefully the banks in greece will completely collapse and this will be the only saving grace for greek sovereignty. and freeing the skies above libya by lifting the no fly zone and putting an end to nato is process is on the cards at the u.n. security council today it's to vote on a draft resolution not to wind down the military campaign despite calls from libya's new leaders to extend the mission until the end of the year also russia is proposing a plan aimed at making it off the iraq military stockpile secure to prevent libyan weapons illegally disappearing abroad but getting a handle on what's there is proving impossible for the n t c which is failing to deal with the plethora of arms already circulating parties and he said ali reports

. the war is over but the weapons are fully loaded. human rights watch has expressed grave concern about leftover arms in libya their number one fear warehouses thought to hold ground to air missiles which could in the wrong hands take down passenger aircraft it's through mates who are nato allies in the region which these weapons have been flooding libya and also libya is quite a world country anyway the population has. how has quite a lot of light weapons in his possession and those light weapons are becoming a heavy burden on the national transitional council now relying on an army of former rebels for security they would try to control the bends i mean if there is somebody who has worked and we ask him if he has a thursday shooting for this we are not. checkpoints have been

set up across tripoli to check that those carrying weapons have proper documentation and those who do have the paperwork are being called on by the national transition committee to return their arms the question now is what if they don't and what does that mean for parts gadhafi libya and its stability and now as you can see is being secured here everything is under control and the only word things that we will make some mechanism how to give back the weapons but we see something very different i asked this head commander what the plan is to disarm the population. i swear i don't know if you. look. at a makeshift arms collection center that covers one neighborhood in the capital we are showing this. these are the weapons people brought to me today not many walk

down one block in tripoli and you'll see twice as many firearms. do you know how many weapons there are in libya i think just like have to have incentive yeah i think everybody have a weapon some think the front of arms in the country could spell disaster ahead in the vacuum after gadaffi and poster of fault chaos as groups fight out vicious battles for power. what you have now in. libya is schools of armed factions who have no respect for each other and who have no respect for mates or actually either they've opportunistically used mater to achieve some aims and nato has been foolish enough to go along with this so i think what we're going to see now is an intensification of the civil war between increasingly the factions which have overthrown with the gadhafi regime with many libyans ny get ready to say a farewell to arms the m.t.c.

which could only be gadhafi with nato how is now asking the alliance to continue its mission a vivid indication of just how unstable the country is and he said now a r t tripoli or asia times correspondent that escobar thinks the country's outlook is bleak and sees comparisons between what happened with events in iraq. at the end of two thousand and four is syria in oktober two thousand and eleven what the marines did which was to destroy in order to save it and see a need to did to see what kind of death it didn't do when people were saying no he's going to a massacre in benghazi need to end it and see the syrian civil war in libya it's already obvious they will never set up a government because they're militias fighting against militias so what i predict is plunder of libyan resources nato running libya as

a kind of protectorate puppet government because i style in. tripoli and civil war all over the place. well more in america's maneuvers in the arab world are on our website the u.s. military machine may be out of iran but there will still be spooks in the shadows report of why the cia is staying behind its all of our dot com now. and a conquering the cold russia unveils an eight a billion dollar plan to build the first sever city with an artificial climate in the arctic and discover more at r.t. online. a fresh clashes broke out in new york during the wall street march followed by arrests several hundred people marched in support of activists in oakland california who suffered a riot police crackdown earlier but important i reports now from new york. at least five hundred activists of occupy wall street were walking through

a lower manhattan to show their solidarity with the protesters from oakland california as it is back now citigroup was walking through manhattan and there were helicopters flying overhead we saw riot police come out. and arrest stream of police officers and following the group around there were some scenes of police officers arresting some atticus and at some point taking them down to the ground this is six weeks to a move in and that his whirlwind are larger and louder not just in new york city across the entire country in the past day or so we have seen a huge crackdown now in atlanta an occupy demonstration took place at least fifty activists were arrested there but it was an old linda california that this many say looks like something of an urban war zone the occupy activists that to the streets

there were at least three hundred fifty odd got into clashes with the police and medical east fired tear gas and rubber bullets at the crowd trying to remove the activists from a campground that they stablished two weeks ago in front of city hall at least ninety seven protesters were arrested but we do know that there was one man shot in the face by river voltage and it was in a rocky the war veteran by the name of scuttles that is a former marine two time iraq war veteran and he is now in critical condition from what's being reported he was shot in the head by a police projectile and right now he's in the hospital he was in one of the many iraq war veteran south were peacefully participating in the occupy oakland march so . farai there's not much images or visuals or video to come out that showed any of

the protesters that tactic attacking the police officers and the police in oakland california new york city and throughout the country have been criticized for using brutal force against these activists that are just trying to exercise their freedom of speach. well our correspondents in the u.s. are watching the protests and posting what they see online you can check out our twitter feed for those meanwhile eyewitnesses in oakland have put footage on the web showing the intensity of the police crackdown and looking at one of those videos and this is a video that marina port i refer to in her report showing how an iraq a war veteran was injured marine scott olsen is seen about lying on the ground and a group of protesters rushed to help him and at that moment a flash ball is thrown by one of the policemen who earlier seem to be deliberately aiming at the activists and let's watch the video one more time pull other videos from the protests are available at our you tube channel and it appears that the ability to make footage like this probably that's making

a difference to the current protests. holland editor of the independent news website alternate. everybody has a cell phone camera there is millions and millions and millions of cell phone cameras that are just photographing all of this stuff it all ends up on you too so i think without having a greater impact than it might have had in the past when you know if if a given act of excessive force by a by a police officer was in captured by c.b.s. nobody would ever see it the movement has shifted the discourse in this country dramatically just a few months ago the national journal did a study that found that the mainstream media was focusing much more on the deficit then on the unemployment crisis the foreclosure crisis student debt these issues have been thrust into the role of the center of our discourse there's occupy wall street movement and. that's already having

a significant impact. and one more thing to add to caught in the crossfire well there is an app for that a new application for android powered phones called i'm getting arrested tells lawyers friends and family if you're being handcuffed you can check out all the details on our t.v. dot com. russian investigators have brought new charges against a former police officer linked to the killing of journalists on up all that. has now been indicted with organizing the murder he and two other suspects were charged with a journalist's killing four years ago but were quitted by a jury the verdict was later a knowledge of this case was reexamined up while the sky was gunned down near her apartment block in moscow in two thousand and six investigators say her exposure of abuses committed during the conflict in chechnya where the motive for the murder. well let's check what else is happening around the world the former argentine naval spy billed as the evil of death has been sentenced to life for crimes against

humanity during the country's military dictatorship. and eleven others were convicted of organizing the disappearance torture and murder of dissidents during the one nine hundred seventy s. and eighty's all worked at a notorious naval academy which was one of the major torture facilities at the time when during what was called the dirty war. rain and snow are hampering the rescue efforts in eastern turkey to find more survivors from sunday's earthquake it's also adding to the suffering of thousands of homeless victims many of whom are still without shelter and waiting for basic aid the number killed is now over five hundred but many people are unaccounted for and believed trapped in buildings which crumbled when the quake struck. a huge cleanup is underway in northern italy after a massive mudslide swept through towns killing at least nine people. force triggered flooding that destroyed bridges and roads cutting off parts of what is

a popular tourist destination there are fears a robot might be hit by floods as well as it is on the way of the element. of corruption is often regarded as the biggest threat to russian society the problem is it runs at all levels making it difficult to wipe out despite initiatives and clapped out as our reports the targets are often the low level fraudsters while the bigger fish go free. the cameraman's hands are shaking he's a police investigator who's come across one of the most ostentatious homes is ever seen including this swimming pool adorned with press goes in the style of michelangelo what makes this raid so unusual is that the home doesn't belong to a multi billionaire but a humble head teacher on an ordinary state school in moscow or. the investigation led to a court case to confiscate constantine the top of property it's a luxury house in the moscow region a three room apartment in moscow and for expensive cars. but man on the run became

this rage in just eight is using clever schemes to steal from the school its teachers parents and the state a recent study of everyday corruption claims teachers doctors and traffic police officers are russia's worst bribe takers for the woman with a workable low level corruption it's a bribe paid to settle everyday issues so it's also known as every day corruption big story money for traffic violations provide medical paperwork and inflate school grades making people pay through the nose people in russia say they're born with corruption and die surrounded by. a bill from literally childhood from school age get used to the idea of breaking laws when they need to get some service and that is an extremely corrupt an attitude the only positive findings of the research is a growing number of people who consciously resist giving a bribe and a falling number of corrupt the us the average bribe is almost twice as costly as

ideas ago for dinner when accused of corruption among his subordinates one of our former police bosses said start with yourself and stop giving bribes out of principle and start doing things legally it may be more difficult but it's worth a try your health care is the most corrupt sector and with bribes to do it over one point two billion dollars last year however the average medical bribe is relatively small and doctors can go to jail but except in just thirty dollars there were go every day corruption is the result of the state's failure to fulfil its social obligations low salaries promote corruption but tackling this low level crime looks as if something is being done while corruption by the bigger fish goes on and checked experts say the everyday corruption is just ten percent of the total the rest is initiated not by citizens or businessmen but by bureaucrats the internet is full of videos like this one it is also full of stories about teachers and doctors getting arrested and tried but when it comes to arresting officials and bureaucrats

it seems the statistics up are less impressive. party moscow. and in spotlight in a few minutes we ask how israel is coping with the revolutions happening all around but for us it's life and business update with dmitri. welcome to the program and the news just in russia is one inch away from joining the world trade organization georgia the only country which will today oppose russia's joining of the w c o has agreed to new proposals from swiss mediators in the negotiations now this comes after the e.u. pressured georgia threatening it would make an exception and push russia's bid forward without georgia's consent and we'll have more details on this story as we get them. world's emerging economic powers say they will inject cash into the euro zone to stem the debt crisis contagion china has reportedly agreed to invest in the

rescue fund russia's also involved presidential you got a copy of a call which says the country could contribute to rescue efforts through the i.m.f. meanwhile markets rebound globally of to europe's a wide ranging deal to fight the sovereign debt crisis a secular those figures oil is up from its biggest drop in more than a month there's also speculation u.s. economy is recovering investors are waiting for a report that may show the economy expanded at the fastest rate this year in the first quarter and according to berlin reports that two and a half percent g.d.p. growth light sweet is trading this hour to ninety three dollars thirty eight cents a brant is up two and a half dollars per barrel look at the stock markets now the fourth seed is adding almost three percent still the dax just an inch under five percent banks show particularly strong gains across europe with barclay's is adding two digit figures and the foot sea. and the deutsche bank is adding more than thirteen percent in

frankfurt. russian stocks also very strong in the afternoon second session in a row of strong growth energy and banking stocks among the main gainers let's take a look at them among blue chips is burbank is adding more than three percent. pushed by stronger oil prices adding almost four percent and in other sectors retail a magnet is up around two point two percent after a quarter of a percent increase in food court and that profit that's on the russian accounting standards douglas rolls from capital expects the positive trend to continue and advises how to cash. i would be moving money into russian banks you know which are all quite cheap they're all trading in. less than zero one times next year's book value. which are quite the cheap levels gazprom also looks quite brilliant especially if it follows through with these hands that it might to double its

dividend payout the the stock is cheap and in any event you know and should benefit from the stronger in a stronger commodity prices. russia's most popular search engine yandex as increased its revenues by sixty five percent in the last quarter that's over one hundred sixty million dollars most of the money came from placed at the advertisements on the sites and paid clicks yandex recently launched services in turkey taking the company international for the first time shares in the company have dropped twenty five percent since listing in new york in may find it hard to keep up with google however the company's c.e.o. maintains her progress is being made in all areas of his business. according to com score recent research published this week by number of curious maiden now on the books and we are unknown number four in the wall. of the players were

pretty spirited in a recent investment around. the search startup called black because a thirty million dollars investment fifteen million he promised. with a ten percent stake in the company. come up next and i think the headlines with tesla do stay with us.

just. you're watching live from boston here's a recap of all our top stories demilitarizing the libya from top to toe the u.s.

to consider grounding nato warplanes while the country's new leaders decide how to deal with a population that's armed to the teeth. and the rest in new york as wall street protesters encounter rough police resistance showed solidarity with oakland activists who fell victim to an earlier crackdown. europe's leaders declare they finally got a debt solution yet. telling banks to write off half of what they're owed by the collapsing country. while at the epicenter of the crisis it's back to basics as greeks refer to bartering for goods and reach a startling realization that it's really not that bad. and that start to looks at how dealing with being surrounded by arab spring uprisings talks to the country's former security chief that's up next here in our.