corporations. reports this time around the world leaders may find it tough to ignore the outcry. g twenty host from says it wants this summit on its picturesque mediterranean coast to reflect the importance of emerging nations in the world but this financial crisis deepens in both the u.s. and european union economists self interest behind that noble claim pledge to involve more russian economy is really to try to convince those rising economies to put money on the table to bail out the unsustainable currency she union of europe in the first place developing countries which saw the west quick to back civil unrest among their population they no see those same western countries coming down hard on public movements in the room backyard and she will like to describe double standards and 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 and

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 there's a scene of chaos not just from the side of protesters but also from the police because there is 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 bank 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. corporations and financial institutions are able to write

themselves favorable legislation quid pro quo beer corporate lobbyists police roadblocks demonstrate just gets in from east to the nearby town of can with the g. twenty takes place but it's becoming ever hold it still will be this hearing the voices of protest the new bush will see in these fronts russian president will be one of the leaders taking part in that french summit r.t. already caught up with his aides are how you are covert your head of the event who told us he thinks that's important for leaders to have a chance to speak face to face here's a preview of the interview coming your way in the next hour. though this kind of direct dialogue in the country could face much more difficult consequences so financial turmoil that happened in two thousand and eight in your phone conversations 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 communications the most help they need to the show there that it could to teach some kind of compromise and 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 has announcement stunned european leaders also came as a shock to the greek government was some members calling for the pm to step down last week euro zone leaders agreed to write off half of the greek debt and had athens more loans and exchange for more austerity measures marco peter pollie a financial advisor at r.m. wealth management says if a greek spoke against the deal it could signal the end of the eurozone. 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 sovereign 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 the greek defaults then you have to look at who actually owns the debt and that's principally owned 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 fit 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 prime minister surprise decision to hold a referendum on the bello deal here's how the poll stacks up 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 pure populism aimed at quelling protests and the rest about evenly split between whether the decision is a knife in the back or a pathway to pop and audible attire that log on to argue dot com has received. well with greece already up to its eyeballs in economic and political turmoil it seems another crisis could be waiting around the corner coming up we report that things were an anti immigration sentiment reaching boiling point adding to the existing mood of austerity anger and desperation plus. brussels talks have rebounded from that steepest two day drop in the month as e.u. leaders prepared to tell greece there's no alternative to budget cuts imposed in

a bailout plan more in business in ten minutes. but first the interstate aviation committee is due to announce the results of its probe into a deadly plane crash that killed forty four people near the russian city of yaroslavl in september the pilot error was initially cited as the most likely cause of that crash a tragedy that wiped out the entire locomotive hockey team or to tell you know if it will joins us live in moscow with more i want to tell you so we're still waiting for the official findings but why is there already been so much talk of human error . well media has been speculating about what could have caused the plane crash ever since the seventh of september when it happened but the rumor has it that the pilot hit the brakes shortly after the plane to go off and that has led to the plane crash however the sole survivor of this tragedy the plane's mechanic of xander sisal says that he's not sure whether the brake was in gage because he says he

would have felt if the pilot hit the brakes after the plane took off and the family members of the victims are also just questioning this theory already even before the conclusion is made as they say that they do not believe that the pilot was so unprofessional to make such a group can be staking of course the morning will never and for them nor for the city over here is level from. ice hockey team were from nineteen of its members were actually born there but overall it's a nationwide it's a tragedy of tourists and we're still waiting to hear from the interstate aviation committee end just to just about an hour. or two will tell you know the provide with the latest from moscow thanks for that the. u.n. nuclear watchdog says it's discovered a secret facility in northwestern syria that matches the design of your rainy i'm in richmond play fighting every suspicions the syrian government's been trying to produce nuclear weapons for more on this we're joined live trick

a reporter for the independent online magazine spiked and joins us live from london thanks for being with us so these claims obviously had already huge international pressure on the syrian government is facing today do you think though the timing of the i.a.e.a. announcement was coincidental. well i don't think it's coincidental no and i think to some extent it shows just how these kind of institutions which are normally independent from the united nations like the international atomic energy agency based it shows how political they actually are i also think yes this is a way of keeping more pressure on syria during a time when the uprisings are taken place i think it really brings about the worst of both worlds in many way it brings about kind of western intervention but in a very insidious kind of i would say dishonest fashion there basically doing what they did in iraq which is to use the guise of weapons inspections to basically poke

their nose into all areas of countries that are seen to be a bit suspicious a bit dodgy all of that in the kind of international sphere they want to appear to be you know the kind of the new bogeyman that they can focus their attention upon so are you expecting to see an iraq redo leading up to syria with this situation. well i think what's different this time in syria is that there's much less sense of kind of ok here it's from the west i think the west the far far less certain about what they're going to do for all the grandstanding about their intervention in libya it was a you know it was an emotional reaction from the start they didn't have any real strategy and although they've done a very effective rewriting of history since i don't think there's a great appetite it's to want to necessarily intervene in that kind of extent again but what they're trying to do here is he he pon the pressure they're trying to find other ways of intervening they're using these kind of tools these kind of arms like the i a to basically go in and start to kind of basically conduct

investigations to make you. feel very uncomfortable and hopefully push them towards reforms but i mean i think the thing that's really important to stress here is that no one is actually saying that syria is on the verge of developing a nuclear bomb or nuclear missiles what they're expecting at the moment is what is now a cotton spinning plants the question a question you know the rating is whether there is any kind of history of an attempt to develop or refine plutonium or you very well in this so basically it's the story of collector size they're poking their noses in for what i would say political really appear to be political reasons rather than for any reasons of security concerns at this current time and i think it's very telling that they're choosing to do this at a time when the uprisings are taken place is a very insidious faction of trying to deal with countries that they dislike now i would say in some ways these weapons inspections which are becoming increasingly

important are becoming almost a more them form of colonial colonialism what you have western countries i'd like to drop in your do you think the i.a.e.a. inspectors presence in the country then will make any difference to the syrian situation currently. i think it will certainly well i mean it puts a spotlight on syria they don't necessarily want to i mean explicitly put the pressure on. in certain ways you know explicitly about what he's doing to repress the syrian people they want to intervene see much in that necessarily directly so yes what they're trying to do is to kind of effectively use over things as kind of months of fro at the situation to try and affectively build up a narrative which they can use should they necessarily want to intervene in the future i mean certainly syria is being recast in this situation as one of the one of the countries that needs to watch you know what one of the countries that form for example a new axis of evil or something along those lines so i think it only being used for

strategic reasons and briefly one last question assad's government has reportedly agreed in general to a road map designed by the arab league to stop the bloodshed do you see that plan eventually working. i think the only thing that will really work is. if the syrian people are left alone without any western intervention without any of their you know kind of their lackeys or kind of bodies like the international atomic energy agency poking their nose in and it's left to the syrian people to basically decide what they want to do and determine their own future is for the syrian people to overthrow last ads not for the western governments to come in and offer any kind of you know kind of advice push for reforms they should have no business there they should back off and let the syrian people determine their own future because it's only when western interference doesn't take place

that people are actually really able to make their own history and really i think the more the west into beans the more our sad is is oriented towards trying to appease the west the making reforms because of the pressure that they're putting on rather than the pressure that the libyan syrian people are putting upon him then i think that the further we get from the syrian people being able to determine their own history after leave it there patrick a reporter for online magazine spike live in london thank you thank you. turning now to libya where a newly elected prime minister says protecting human rights will be at the top of his government's agenda but his statement contrasts activists claims that n.t.s.c. fighters are terrorizing displaced residents of a coastal town once loyal to gadhafi fred abrahams from human rights watch says current atrocities are being downplayed by the libyan government and sun nato countries. 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 their revenge and they're trying to take steps to to quell it. facebook.

over allegations of sexual misconduct a. politically motivated. the moments of truth is approaching the 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 soul of how the case since that's only and the swedish prosecutor have vowed to take the case to the supreme court's if it does go to the c.p.m. course it's likely that the entire basis that the european arrest warrant under which people can be extradited to all the e.u.

countries to face questioning with very little evidence will be put under scrutiny many in the u.k. would welcome that so if the judge rules out further appeals one of two things will happen after all this could be set free 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 two team days the way his life is under threat which he didn't crippling financial trouble and maybe schools to close in the new year. or there's always plenty more available at our top stories videos and analysis at r.t. dot com here's what's a click away right now. fighting for their former liquidators of the sure noble nuclear disaster and try forcing their way into the ukrainian parliament building protesting planned cuts to their benefits. check out this amazing landing a plane carrying more than two hundred passengers and flops onto the runway after

its lending your appeals to the boy everybody walks away check out before the age inform on our website dot com. greek said to vote for the e.u. bailout deal a.s.a.p. and as the country's economy teeters on the brink of collapse the austerity head public struggling with poverty and unemployment now there frustration also being taken out apparently on the immigrant population as r.t. sorry for ports from athens. on the streets of greece protests have become a common occurrence this gatherings not one of the usual demonstrations and emigration protests the ethnic tensions here in the city evidence of becoming more and more of a concern over the last few years illegal immigration into europe increase in particular has skyrocketed the greek economy has plummeted the crisis 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 point the finger of blame. on the club on the streets of athens has 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 feeling the tension we've come to one of greece's neighborhoods of the dangers a first high immigrant population the local park here has become isn't mine a battleground. among them we had to close the period because it was overrun with immigrants no one could cross the call everybody was scared and no group of people could come here it was not a playground anymore. the children are now forced to play their games here outside

the closed gates of the park of the wysteria with naked dangers say whether or not the threat israel the fare in this neighborhood certainly is it's definitely could social issues little getting yesterday is an issue because it's a symbol of fear yeah baby leave me thinking that the place is not good because of the immigrants in many areas of the world because these things after midnight after night no doubt. don't look to god to be opening day in the daylight you blow through the night but the close like that well that sort of thing i don't see the reason this is the year a crisis continues ethnic tensions have been growing into an extremely bullish child and sometimes dangerous situation greece is a country now in the midst of not just a financial and economic crisis but it immigration crisis to see that trying to find a way to rebuild say shook a he's in hand is no easy surf and see nothing.

to him out of some other stories making headlines across the globe a new york court will continue deliberations over the future of russian businessman viktor booth of international arms trafficking the jury was expected to deliver its verdict tuesday but the decision was postponed who was arrested in thailand in two thousand and eight after a sting operation by the u.s. they were flown to america to face trial if guilty he could face life behind bars. the condition of a cargo ship stranded on a new zealand reef for nearly a month has worsened authorities say they're getting ready for it to break apart crews have been in a stop start race from 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 sunday the vessels already spilled more than three hundred fifty tons into the sea affecting the coastline devastating the areas wildlife. supporters of the occupy oakland movement in california have rebuilt their camp in front of city hall and are

calling for a general strike demonstrators planning to shut down one of the main u.s. shipping ports saying they'll also picket banks and businesses in the city has come as a week after police in riot gear tear gas to occupy oakland protesters activists across the u.s. say they will hold solidarity protests. our correspondents across the us are following the latest developments to keep you updated via twitter and one of her latest tweets artie's lucy describes how an occupy oakland protesters showed her rubber bullet wounds saying police fired at demonstrators something authorities did not. and you'll is up next with all the latest business news and i'll be back with the headlines stay with us here on r.t. . hello and a very warm welcome to the business update russian stocks a gaining in wednesday's trading supported by news that e.u. leaders will tell greece there's no alternative to budget cuts imposed last week

but the global markets are on the razor's edge as the government supports the prime minister's call for a referendum on the bailout fund for details i'm now joined by our chief tom barton who is at the r.t.s. office park tell us why the russian stocks are gaining. well the r.t.s. and the my six have bounced back a little today after yesterday's losses that maybe because of confidence in the e.u.'s message that there are no alternatives to greece cutting its government spending however all eyes are fixed on greece and any gains in the market to the moment are fragile because of the drama unfolding there the prime minister george papandreou announced on monday that there will be a referendum on the e.u. bailout plan for the country that offers one hundred billion euros of loans and also a writing off of fifty percent of the debt owed to various banks in return for these

big government coming so big these big government spending cuts mr papandreou on his cabinet want to put that to the greek people they want a clear mandate for the measures to be put through and they want the greek people to support those measures they say that that's necessary for them to succeed however that sent shock waves throughout international markets there is a fear that the greek people will say no there is a possibility they'll do that and that would make the crisis a lot worse there is a vote on the on the confidence that they greek people have in their government on friday the government may lose that vote. e.u. ministers for their part was trying to ensure that greek does go through greece does go through with this plan they themselves are staring in the face of the possible collapse of this bailout plan that was supposed to put a line under the whole e.u.

debt crisis that plan may indeed fail before it's even taken off. tom thank you very much for this indeed let's have a look at the markets it's still very volatile both main bourses have slipped a little from where they were earlier in the day there are chances are one point four percent and the my six is up three quarters of a point let's have a check on some of the individual share moves in the my six energy majors on the rise with gazprom over two and a half percent the company's oil subsidiary gazprom never has resumed operations and leave their financials are also up with russia's biggest lenders who are buying more than one percent in the black and telecommunications major telecom has recovered from earlier losses asterix reported nineteen twenty nine percent fall in third quarter net profit. from europe stocks are also on the rise trade is a keeping an eye on the u.s. fed which is about to release its latest poll is the statement and b.h.p. billiton is leading mining company as

a two day slight. and also oil is trying to move light sweet a strafing at around ninety three dollars per barrel while grant is just under one hundred and eleven dollars. while staying with the friend peter weston at aton believes the country's playing with fire and could get bad we burnt . i think also agrees obviously with. the leadership now putting this to a referendum is play with fire i think it's inevitable given loose thirty measures and the unpopularity that you see from the greek population 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 these players have been there to prolong the inevitable default of greece right now their position is if you look at the opinion polls in greece they would vote no battle probably mean

a quicker move toward of towards a default whether that's a good solution or a bad solution is totally up to how they actually exit that brings you up to date another business update unless someone else time for you on don't forget you can find more stories on our website r.t. dot com slash business. wealthy british scientists some time to.

market. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines two kinds of reports.

one thirty pm in moscow these are your are two you have lives thousands of europeans occupy the french riviera where the g. twenty summit due to kick off thursday crowds are angry with the current dire economic situation to mad world leaders focus on helping people rather than corporations. meanwhile the new leader is left stunned by the greek cabinets decision to hold a referendum on the latest battle of the move led to world markets plunge and predictions voters may reject the rescue package and spark the euro zone's downfall . and the moment of truth for the world's most notorious and famous whistle blower juliana saunders waits a high court decision on his extradition to sweden over controversial such will misconduct charges this as his project we can release faces financial troubles that could see the website shut down. coming up the great green threat we take a look at the radical environmentalist groups that will go to any lengths to support their cause.