reports this time world leaders may find it even tougher to ignore the outcry. g twenty host from says it wants this summit on its picturesque mediterranean coast to reflect the fall to steve emerging nations in the world but this financial crisis deepens in both the u.s. and european union economists self interest behind that nubile claim pledge to involve more russian economy is really to try to convince those rising economies to put money on the table to the unsustainable currency union of europe in the first place developing countries which still the west quick to back civil unrest among their population they know see those same western countries coming down hold on public movements in the room. and she was crying double standards in the primary powers within the g twenty the united states germany britain france the real dominant economic and military powers they want to show a world order

a system of states that still has stability when in fact there is instability this summit is an attempt to put a shining face on what is really a failed system is the scene of chaos not just from the side of protesters but also from the police because there's a helicopters overhead at the moment you can hear police sirens so there's police really have mounted this military style operation to shut down and stop any of the protesters going where they don't want them to go one former diplomat says western leaders can't continue to just block criticism this whole idea that. they can simply ignore popular protests against what's happening could come back to bite the leaders of the g seven energy twenty summit this protest different from summits of the post was billed jim's dicksee of the latest western banks to get bail dealt with public money growing numbers here worry there's something fundamentally wrong with the current set up we have basically a financial system where. corporations and financial institutions are able to write

themselves favorable legislation quid pro quo beer corporate lobbyist police roadblocks demonstrate just getting through to the nearby town of can with the g. twenty takes place but it's becoming ever harder to stop world leaders hearing the voices of protest the new bush you all see in these fronts russian president will be along the leaders taking part in that french summit r.t. caught up with his aide arkady dvorkovich ahead of the event and he tells us that he thinks it's important for leaders to have a chance to come face to face here's a preview of the interview coming up in the next. result this kind of direct dialogue and. we could face much more difficult consequences so financial turmoil that happened in two thousand take in your phone conversations are too formal for those kinds of decisions especially given the differences in.

the traditions in fuel. various nations let's take united states and china for conversations that do not help they need to talk to each other that effort to reach some kind of compromise global issues. greece will hold a referendum on the latest e.u. bailout deal calls by the country's prime minister have gotten unanimous support from his cabinet george papandreou announcement stern european leaders also came as a shock to the green government with some members calling for the pm to resign last week euro zone leaders agreed to write off fifty percent of the greek debt and head to athens more loans in exchange for more austerity cuts. your financial advisor at around wealth management thinks if the greeks vote against the belo deal it could signal the end of the euro zone. this may well finally bring it to a head i think the europeans have been patching things up and patching things up

and it's now getting to to crunch point. and the deal that was reached last thursday was was a nothing deal really because it doesn't address the fundamental issues that there is too much. debt in the u. and it's unsustainable in my view the best the best option for the greeks is to default of course that there is much bigger financial consequences for the for the rest of europe and for the rest of the world if that happens but if we're talking about what is in the best interest of the greek people then then then as probably the best outcome effectively a greek defaults then you have to look at who actually owns the debt and that's principally. by other sovereigns by the e.u. and by by the banks and pension funds and the consequences of that is that it would make the financial system the banking system much less stable and the worry is of the snowball effect and how they would face the banks and then other european

sovereigns and whether that would then lead to further defaults on a number of sovereign defaults at the same time. on our website r.t. dot com we're asking what you think lies behind the greek pm surprise decision told a referendum over the bailout here's how it looks right now almost forty percent think the greek pm has made a wise step to let the population have their say about a third think the move is just populism to quell the protests the result about split between whether the decision is a knife in the back or a pop in graves looking for a pathway to an audible retirement. with greece already neck deep in economic and political turmoil it seems yet another crisis put you around the corner from athens coming up or an anti immigration sentiment is reaching a boiling point adding to the existing mood of austerity anger and desperation plus . the russian markets the high of the r.t.s. and the mice that say gaining more than one hundred percent with investors still keeping their distance from risky assets and business in ten minutes. but

first the u.n. nuclear watchdog says it's found a secret facility in northwest syria matching the design of a uranium enrichment plant findings every suspicions that the syrian government's been trying to produce nuclear arms but there is no evidence that the building which resembles a textile plant has ever been in use situations lead some experts to draw comparisons with the w m d allegations that led to the occupation of iraq. here we go again the main pretext for the aging budding iraq with the weapons of mass destruction well if i was president assad i would rather wary about letting anyone stick his in because the inspectors went into iraq for years on still i'm told one of the top six was sent to a dentist trying. to sense installations in iraq ended and making sure the physicians with my second thought is this a new. syria still holds on this lens the golan has bolted comes

a large the new. and the weapons to deliver those over some thousands of miles it is ironic we should be talking about syria when the israeli nuclear. has never been inspected turning to libya where the newly elected prime minister says protecting human rights will be at the top of the government's agenda but his statement contrasts activists claims then t.c. fires are decide are terrorizing displaced residents of a coastal town once loyal to gadhafi fred abrahams with human rights watch says current atrocities are being downplayed by the libyan government and some nato countries. but in some places the violence is quite bad the town we looked out in was called and the militias from the neighboring town of misrata are terrorizing the people of to where they accuse them of having fought for qaddafi and you know

the problem here is that the militias are not under the control of the political authorities the civilian authorities and that's the big challenge for libya going forward is bringing the many militias under a unified civilian command the problem is that the money militias hundreds of militias sometimes from just a neighborhood have many weapons now and they say look we fought we lost comrades in this battle and now we want to have a stake a seat at the table and bringing them under control will be difficult there's definitely a trend to say we did the right thing meaning nato governments they want to say that this was a successful operation so there is a tendency to downplay the conflicts and the tensions now but at the same time in our discussions with them of some of these governments they're taking them very seriously because they know that this will cause problems in the future they want

them addressed now trying to support the more open minded and democratic minded forces within the new authorities and to move libya in the right direction so there is concern and i think that the governments are nervous about this these tensions there were vengeance they're trying to take steps to to quell it. libya and the wider region undergo drastic change or two will continue examining the role of foreign intervention in the arab spring. right.

weekly leaks founder julian assange will learn later wednesday the verdict in his fight against extradition to sweden over allegations of sexual misconduct a sondre denies the claim says they're politically motivated artie's laura smith has more from london. the moment of truth is approaching that julian asked soames if he learns here at the high court on wednesday whether a judge will order him to be extradited to sweden to face questioning the sex of the still how the case since that's all and the swedish prosecutor have vowed to take the case to the supreme court's if it does go to the supremes course it's likely that the entire basis that the european arrest warrant under which people can be extradited to the e.u. countries to face questioning with very little evidence will be placed under scrutiny many in the u.k. would welcome that so if the judge rules out further appeals one of two things will

happen could be step three immediately off to eleven months living on district bail conditions pull his feet might not touch the ground he could be extradited to sweden within pulte days only the way his life is under threat which he didn't crippling financial trouble and maybe to close in the new year. well still ahead this hour india's revolutionary fighters moved from the jungles to the city. to maoist argue that the arrival of multinational companies here is actually caused further divide between rich and poor we look at how after a twenty five year long fight against the government in india in congo so they are ready to take up arms to combat globalization. but first israel's reportedly told its military to take any necessary action to stop rockets from being fired from gaza the move could include a ground operation the move comes after dozens of missiles were fired into the

jewish state last week political blogger laurie derfner says the attacks on israel come from minority groups though that are out of hamas is control. there's not that much happening there aren't that many missiles or rockets falling in israel at all relatively speaking there's not that much happening in gaza. but the main thing is . people who are firing these missiles from gaza are not calm os which is in control or relative or let's say the by default in control of gaza it's a relatively marginal group called islamic jihad jihad cannot fight israel unless the comus felt that an israeli invasion were imminent. so far has never gone that far to say hamas itself will hold to a cease fire relative ceasefire cama so far has not stopped these smaller groups from firing these rockets doesn't do that and with i don't see it doing that unless it was afraid of an imminent invasion. there's always plenty more on our top

stories that are also lined up for you right now. fighting for their rights or liquidators of the. tried to force their way into the ukrainian parliament protesting the benefits. lending a plane carrying two hundred passengers. to the runway after its landing gear fails to open everybody walks away check out the footage when fall.

do you believe this in science. we. have heard. thanks for sticking with us on our teeth fifteen minutes after the hour in moscow agreed sort of vote on the e.u. bailout deal as soon as possible and as the country's economy teeters on the brink of collapse the austerity hit public is struggling with poverty and unemployment now their frustration also being taken out on the immigrant population as artie's furthur reports from athens. on the streets of greece protests have become

a common occurrence this gatherings not one of the usual demonstrations and say emigration fright that the ethnic tensions here in the city evident and of becoming more and more of a concern in the last few years illegal immigration into europe increased in particular has skyrocketed with the greek economy has plummeted the crisis has led to unemployment poverty creasing to a lot of people not being able to make ends meet face to these tough economic conditions it's not just extreme factions a society that has seen a rise in anti immigrant sentiment but every day greeks he faced with exceptionally tough station circumstances have begun to put the finger of blame. on the problems the streets of athens have now become a kind of limbo for illegal immigrants who are struggling to make money and to

survive even second generation immigrants who've lived in the country many years of feeling the tension we've come to one of places neighborhoods that the danger is a high immigrant population the local park here has become isn't mine a battleground. on the we had to close the poor because it was overrun with immigrants no one could cross the border everybody was scared and no group of people could come here it was not a playground anymore. that children are now forced to play very again sat outside the closed gates of the park of the wysteria with naked dangers say whether or not the threat is real the fare in this neighborhood certainly is it's definitely controversial issues and it's getting yesterdays initially because it's a symbol of fear yeah baby leave me thinking that the place is no good because of immigrants in many areas of the world because these things after midnight after night not those. don't look to god to be opening in the daylight to blow through

the night but the close like that well that sort of thing i don't see the reason it is the year a crisis continues ethnic tensions have been growing eating to an extremely bullish child sometimes dangerous situation greece is a country now in the midst of not just a financial and economic crisis that immigration crisis to that shining to find a way to rebuild say showcase he's in here is no easy south. turn now to some other stories making headlines across the globe two trucks carrying explosives detonated in southwest china killing seven injuring more than two hundred fifty the blast caused several nearby buildings to collapse to dozens of ambulances were rushed to the scene where rescuers have since ended their search for any remaining survivors and investigation into the cause of the blast is underway. the condition of a cargo ship stranded on a new zealand reef for nearly

a month has worsened with authorities say they are preparing for it to break apart crews have been in a stop start race to remove oil from the vessel to limit the amount of environmental damage more than a thousand tons of oil was removed before bad weather halted efforts on sunday the vessels already spilled more than three hundred fifty tonnes into the sea affecting the coastline devastating the area's wildlife. urging change india's maoist rebel movement wants to force multinational companies out of the country blaming globalization for creating a widening wealth gap but authorities preassure to reports their extreme views are starting to resonate with the more moderate indian public. these are the images people recognize when they think of india as maoist rebels for almost twenty five years the group has attempted to overthrow the government in violence and intimidation to turn india into a communist society in their eyes the government is not taking any interest in the indigenous people of rural india and has actually displaced the population from its

mineral rich land for development projects the government has called the maoists the single biggest security threat to india and it's held them responsible for killing thousands of civilians. but far from the jungles of india a new maoist revolution is brewing the maoist argue that the arrival of multinational companies here is actually caused a further divide between rich and poor they want to stay in india without the presence of quote unquote dominating western companies where everyone has access to basic right meet varvara rao the brains behind the uprising the highly educated man is in most senses the opposite of his counterparts in the jungle armed with a pen and paper and sitting in his relatively modern flat in hyderabad ra is seen as the intellectual leader of the maoists and a voice for a growing group of indians against globalization if the investment is from the.

engine. with them in hyderabad as a symbol for many indians of the country's booming economy and presence on the global stage the city has the biggest microsoft research and development office outside the united states and is home to several major multinational groups i.t. firms and bio pharmaceutical companies and for many in the city the presence of foreign firms is welcome yeah providing us the opportunity and we wanted to get your duty large afghan india to that. it's being used by a man seeds but if they're not using a video it will be stared at boarding different applications for needs like a small market says big a.d.m. should deliver would only because of corporate companies educated people are getting more jobs they can earn more money within short periods of time with dignity but the maoists aren't convinced that modernization means

a better quality of life for everyone those who did not get the fruits of this globalization the pen. and lundy. gin grievances of not are just try to go through all of us including middle class who are sitting idle while most indians are convinced that communism is the answer many agree that india needs to find a way to improve on its own. that weird thing that india has such a rich who do the sorts of minerals. whom on science and technology has published when human resources that we can produce and if we are not depend on him and he does immensely is who need india while they watch the uprisings around the arab world they believe it's the sub continents turn to demand change preassure either r.t.

hyderabad india business next but here you have stay with us here on r.t. . hello and a very well welcome to the business update russian stocks a gaining in early wednesday straining but the global markets are on the razor's edge as the government supports the prime minister's call for a confidence vote and referendum for details i'm joined by our view from box. office so tom why the russian stocks are gaining despite a global trend. they have gained a little today could be seen as a small bounce back from yesterday's losses of five and three percent on the r.t.s. my six however it has to be said that any confidence at the moment of the markets is very fragile because all eyes are turned on greece where yesterday mr popper. the greek prime minister and his cabinet voted that they would indeed support

a referendum on the euro bailout plan just centrally chosen democracy over finances and said that he can't railroad this through the greek people he needs their support in order to make it work that has terrified finances all over the world the losses yesterday in russia were mild compared to some big banks losing ten percent of their share price yesterday very what great worries across the world of finance to this and it threatens not only to bring down the greek government but also to ruin the europan that was supposed to be the final word in sorting out this euro debt crisis that may actually collapse now especially if the greek people vote no to this plan before it's even got off the ground. thanks for this indeed and let's have a look at those figures here in most of the markets extending early gains it's hard

to have a check on some of the individual share moves on the might six energy may. on the rise with gas promise gaining over two for some this hour and banking stocks are no exception for the russia's biggest lenders burbank more than two percent in the black. ok and. a look now at the asian markets they are mixed this hour as you can see the nikkei is down more than two percent while the hanks' saying is edging hop a cent. let's have a look at oil drys current oil is in the right of course new concerns about feed euro zone and weak global warming data pointed to further slowing white's windows trading at around one thousand one dollars per barrel while branches hovering at one hundred nine dollars. and staying with the greek referendum called peace a western edge of tone believes the country's splaying with fire could get badly

burnt i think also the greece obviously with. the leadership now putting this to a referendum is plain wood fire i think it's inevitable given those thirty measures and the unpopularity that you see from the report relation i can't really blame them for doing what they're doing but it is playing with fire and we might have a solution to a crisis more quickly than otherwise expected because clearly spare us have been the pull all the never to pull to fall to right now the opposition is if you look at the opinion polls in greece they would vote no that will probably be a quicker move towards towards a default whether that's a good solution or a bad solution totally up to how they actually exit. and russia has lost its last load it will slow cost carrier a license of sky express has been revoked the move was not a surprise given the company's top financial results and debts in addition spikes brunt's has been considered the least reliable airline for several months to save

its business the company has decided to merge with their regional cuban airline well analysts say a new low cost carrier is unlikely to appear in the russian market in the me future due to insufficient legislation. that brings you up to date from what stores log on to a website that starchy dot com slash business. culture

is that so much given to each musician on the market as tunisia goes so does the rest of the arab world tunisia successfully holds the first election of the arab spring with an islamic party. a very warm welcome to you this is your news today protesters on the wall street center they have to. leave the sentence a good chance to choose to set a good mood for example the status of the human experiment is expanding or will. we pursue all programs in this rap music would expose the movies allegedly trying to make sense of global economy and its arcane things as financial templates each of the research clambering to maintain our confidence in markets and. wants to be easing trade imbalances recession look to the nations close to collapsing

a subprime loan foreclosed homes. to fail so we play banks again feel a little like think is a us crash and seven and smash the ceiling to inflame just like all the classes in athens three the i.m.f. the world strikes me i'm just program to increase the total economy. wealthy british sign it's time to. the. markets. will find out what's really happening to the global economy for a no holds barred look at the global financial headlines you need to concentrate on .

eleven thirty am in moscow these here are the headline thousands of europeans occupy the french riviera where the g. twenty summit is due to kick off thursday crowds are angry with the current dire economic situation demand the world leaders focus on helping people rather than corporations. meanwhile e.u. leaders left stunned by the greek cabinets decision to hold a referendum on the latest bailout deal the move led to world markets plunge and predictions voters will reject the rescue and possibly sparking the euro zone's downfall. moment of truth for the world's most famous whistleblower julian assange awaits a high court decision on his extradition to sweden over a controversial sexual misconduct charges this is his project wiki leaks bases by natural troubles that could see the website shut down. with tunisia voting and islamic party into power on the same likely to happen in egypt. his panel of guests and experts should the world not get used to be idea of islamic democracy coming up .