stories on our t.v. i drive further for me to see russia wants of attack on iran i could have disastrous regional rep or cautious as easy as a military action is a real possibility. the i.m.f. dash for kremlin power they have the international monetary fund and visits moscow in search of support as it struggles or prop up crisis hit economies. and russia is ryssdal birds first stop on a mission to the world's hot button coming financial hours. problem over the ship itself ski court the a.t.c. of the super rich russians of legal loggerheads in london with a light shone on shady deals and of billions of dollars that stick. with the u.s.

markets opening calls and surviving in c. you know pretty much all over the world was a big no exception the audios my six closing monday session one percent off more on this in business or do you think. it's just after seven pm here in the russian capital this is art now first russia's foreign minister has warned that an attack on iran would be a grave mistake without predictable consequences so getting over of statement comes after israel's possible military action against iran's nuclear facilities is becoming more likely arnesen fallen off the cover has the latest. russia stands firmly on that this issue has to be approached with diplomacy it has to be done step by step through talking no military intervention is acceptable russia's very

action to this comes after israel has been pushing for a military intervention saying the clock is ticking and iranian nuclear program has to be stopped right now russian foreign minister insists that it's going to have consequences for the entire region is already so unstable. our view a list issue is well known and the talk would be a serious mistake with very grave consequences because we can see proof of that every day when we see how problems will be solved close to iran be it iraq or afghanistan or other countries in the region military interference only leads to a multiple rising death. meanwhile international atomic energy agency's preparing i reports which is going to prove that iran's nuclear ambitions are not peaceful overall iran has been denying this ever since the beginning and mahmoud ahmadinejad has said that so if there is going to be a military intervention then iran is prepared for it. professor said mohammad

marandi from the university of tehran says that israeli warnings of a possible attack on iran are nothing more than rhetoric for the sole purpose of putting pressure on the country. but i think if you look at the turn or picture there is a general trend to try to put iran in a corner of it or try to corner iran and also to put pressure on other countries independent countries like china and russia and others to agree with new sanctions by sort of betraying israel as a mad dog park dog that needs to be somehow controlled and that's the reason you're saying. something bad will be prevented from happening but the whole report itself it's based on forged documents there is absolutely nothing new in the for all the documents that are supposed to come out go back to two thousand and four and the previous years all have been refuted in the past the united states has never provided i with a document this shows that this is basically an attempt to create. pressure

and to move public opinion against iran. oh are always interested in your opinion and today we're asking how likely military action against iran actually is as well website our deep dark concept take heart in the polls and the majority of you continue to say that it's a certainty because the u.s. needs this war so fewer of you this hour take the opposite view that there's no chance of conflict as no one has the stomach for another bloodbath in the middle east some of you believe it all depends on iran and submitting to inspections five u.s. atomic watchdog and the minority is confident it's unlikely and would only happen if there's overwhelming evidence that terror on housing nuclear weapons again i go one life to cast your vote. of course you're watching our t.v.'s still ahead for you i'm sure looms over libya i mean claims of revenge killings of the spread of radicalism nato says its job in the country is done all the details coming up with

a few minutes. as more and more countries are turning to the international monetary fund for help it is reaching out for support for some of the world's emerging from national power players i.m.f. chief he's seen the guards preparing to head off to china on tuesday and is currently in moscow for talks with the kremlin. is following this. during these financially turbulent times russia can call for the i am a the european union what it now needs most money russia paid the last portion of it stuck to the international monetary fund in two thousand and five and seems that it has been contributing to the organization providing financial support to countries which experienced serious financial and economic difficulties or even risk of default as it is now the case with grace recent developments in this european country and the euro crisis in general. took over at the g twenty summit in cannes

last week where the leaders agreed to bolster the role of the i.m.f. and other financial institutions to save me you wrote and eurozone and one of the hopes for the euro is coming from the monitoring economies from the so-called brics countries that is brazil russia india china and all south africa headed to the list russia in particular is ready to contribute at least ten billion dollars for the european union but mission advantage made it very clear from the very beginning that these support should be targeted comprehensible transparent it should be done in directly through this international financial institution not to be sort of that country of the european union directly and another must condition is that the brics countries are given a voice within the international monetary fund and other financial institutions the brics may not be to iraq to be affected by the euro crisis at the moment but we should not forget that russia for instance keeps almost because you've got percent

of its international reserves in euros. well let's get some perspective and analysis now from asia times correspondent a couple escobar on the surface of our could a contribution from russia to the i.m.f. could actually help save the euro zone. well the short answer is a flat no so compared to ten billion dollars that's russia's offer to the fire wall that europeans need in case italy goes they need a fire wall of one trillion dollars debt not going to get this from the brics it's out of the question not even shina would even imagine giving that. away and let's put it this way if f. or even the i.m.f. more than let's say fifty billion dollars it's not enough the problem is the euro there is a war for the eurozone it worst for norse in europe but not for the club med

countries and they have to find a solution inside europe which they won't because germany simply refuses to give more money to european central bank then we get only possible solution ok but if. then to have the right sort of benefits could russia expect in return for how happy i am it is echoed now it gets much more interesting because from the brics trying to feel what they want to achieve brazil russia india and china especially used to get more rights at the i.m.f. at the moment the brics had like eleven percent of floating rights european union has thirty two percent it's completely absurd it's completely in balance the problem is yet to lend to sister elites you know washington and in the larger of capitals they don't want to do sold their power inside the i.m.f. so when you when you have my head like i go into the bric countries we had her you know her hat in her hand asking for money but the whole equation changes

because russia china and brazil especially again at least the peoples there. conditions and they have rights and even at the level of director general of the i.m.f. they can start setting up all the civil justice going to be of very long drawn out battle right long drawn out battle but how much longer do you think it will take before they start calling the shots i mean they are increasingly powerful economically right. realistically i would say at least another decade because the recession in the us in europe is here to state what i am f. call structural adjustment would have to be delivered to their well see north and countries like a latin america for instance most people remember when the i.m.f. peoples the structural adjustment to brazil to argentina to other south american economies was absolutely horrible there was major unemployment at the middle class

shrunk this is what's going to happen if the i.m.f. true to its one policy fits all agenda leading pulls what its leader toward us and for europe so everybody is trying to find a way else which like i said from the point of view of europe would be to have an europe there would be equal for everybody from the netherlands to sicily but it's not going to happen because from the start they had this political idea that if we have a common currency we're going to have a political unity it's strong it's not going to war because there's a will to economic imbalance between north and southern europe and we are trying to grow it is a political rationale is a p.s.r. to john in there you mentioned the new currency i mean business always been brought up every time the brakes comes into the picture as well as a crisis putting it together is there room now for a new reserve currency any is a color too big to fail is a really a viable replacement to the dollar at this point or is it something to languish is

to say that. well the only possibility would be basket of currencies death would include for expression you won the yen euro of course even if it's a better euro perhaps the ruble perhaps the brazilian ryall a real basket of currencies there is another development that it's let's say it's an underground development at the moment couldn't resist start trading with each other or economic block start trading with each other in their local currencies bypassing the dollar for instance brazil in china treaty in new one in rio russia and brazil trading in rules in reality this is already happening so in the next few years we need the logical conditions of trades between countries would kill not with a different system and that would be in fact a basket of currencies because everybody will be using other occurrences than the dollar to trade among themselves very quickly on the world trade organization

membership of russian anthem waiting for two decades now of negotiations do you think the membership will prove to be worth the wait for russia. it will if russia diversifies its economy it cannot be a model culture of oil and gas just like venezuela for instance while a joint america sewer is also america but they have to export more than oil and gas same applies to russia in terms of trading with europe for instance of course europe is absolutely hungry for russian oil and gas but russia has to export many factor product sense well in cosy during day intellectual capability and intellectual know how in russia this can be done but you have to start diversify your economy like yesterday all right thanks very much talk to us live from brazil times correspondent. well it's a greece that has a line of countries destabilizing the euro zone and it's a nap instead a new coalition unity government has been formed tackle the debt crisis there well

this comes after weeks of political chaos that's what greek your own membership in jeopardy prime minister george papandreou has agreed to step down with his replacement due to be announced later the new interim government will leave the country until elections are expected to be held in february next year the government's main task will be to approve a one hundred thirty billion euro of emergency rescue package that was reached between european leaders and there are now concerns that italy is on its way to becoming the next victim of the european debt crisis for later on r t a former british minister tells us that the euro zone project is longer needed a reality check. problem the moment is the e.u. is based on fiction because it doesn't have political reality the whole problem with this crisis it was created by the europeans then so it's because you could north america a single currency without as a political union they knew they couldn't get away with the political unit and so they disappeared so you couldn't last speaker has been signed up for maybe

a proposition which is to have a unified currency with no unified policy paper going to get rid of unemployment greeks they're going to have to get the price down and as long as everything is priced in europe is that would never be possible to have their best seen if i was a greek i would be. going to pressure. to get out to stop what happens they're still in the euro zone. shouldn't french banks shake their hand. but they're still stuck with the euro. for more insight on the european debt crisis from don't miss our interview in just over an hour's time. oh week after wrapping up its intervention and post coffee libya the head of nato says it has no major role in the future of the country well that's a spike of widespread allegations of crimes against humanity under the new libyan

regime and a shift towards radical islam. and asks whether the west has made a habit of turning a blind eye to the shortcomings of its allies. here first question leader not so long ago the u.s. media presented leading rebels as freedom loving folks yearning for democracy after could obvious killing the narrative changed you know you talk about this arab spring and many people here as a move towards democracy but really that is not exactly what's going on it seems the u.s. media just woke up to the young holding human rights disaster in the region libya's new rulers are at risk of being accused of the same kind of abuses before to a repro and al qaida flag planted on a lady and courthouse steered quite some panic and not just that you have the interim leader coming out saying he hoped it would become an islamic state that polygamy was going to be illegal again consistent with sharia law sharia law to

include punishments such as cutting off the hands of thieves having convicted murderers and rapists stoning to death adulterers true real long which is about to be introduced in libya is considered to be for the most part incompatible with democratic values especially when it comes to women's rights but many experts believe that whatever the new libyan government's domestic policies it will not stop the u.s. from making nice with her saudi arabia for instance has the most extreme form of sharia law our women are not allowed to drive cars are not allowed to vote the crime for adultery for women is the death penalty and saudi arabia and none of this seems to bother the powers that be in washington why because so many arabia does the bidding of the united states in this oil rich region so who are shipping not a democratic state america's a gallon of export of saudi arabia that just shows that we really don't care for working with democracies or with working with their feet or ships are working with secular governments or religious governments what we care about is our interest in

the region but very another u.s. ally in the region it hosts america's fifth fleet and also leads on the shari'a law and has a. questionable human rights records and those in power are their only things to nato and particularly the united states the media here had generally been supportive of the campaign can topple gadhafi but now that he's gone why the sudden concern about human rights in libya maybe out of old habit so well demonstrated in the run up to the iraq war when the media cheered first and then when it was too late when the war was full on started asking questions and we say human rights in libya was never a top priority for those in washington who called the shots and threw their support behind the current government. reporting from washington r.t. . wars and the soldiers come home but for many there's no home to come back to tens of thousands of american soldiers because the drive was out of homeless as soon as

the military lets them go read more on our website our team dot com. and a russian woman accused by the u.k. of being a survivor implicating a british m.p. has all reportedly taken another government official under her spell and this time in germany. and this just in and argued to channel a stripping of for women's rights activists from ukraine take the vatican by storm wearing all very little just south of the pope's weekly address they were quickly removed though it would benefit the sixteenth themselves nowhere in sight for a huge huge page for all the details of plenty of other videos astro. news today violence is once again flared up. these are the images the world has

been seeing from the streets of canada. trying to look for asians through today. feuding russian tycoons roman abramovich and what is going to solve the have taken their battle to a u.k. court and it's no small claim with over six and a half billion dollars at stake suffix our business and get a source he claims of global village robbed him of the money by intimidating him into selling all shares on the cheap well that's something the chelsea football club owner denies bennett has been watching the billion dollar lawsuit play out. it's been dubbed the battle of the oligarchs in one corner is an easter egg estimated twelve million assets for your chelsea football club and a french chateau in the other corner mr be estimated fortune five hundred million he had to sell his yacht but he does still have his trusty stretch my back which he never fails to show off. which is rise to riches is

a story precious few knew until now his time in the witness stand has lifted the need one of my in the shadows he revealed how some of his companies employ primarily disabled staff and it lucrative thirty percent tax breaks and he came clean on the piles of cash he paid for protection as he dived into the infamous alamy and walls of the ninety's where we now know someone was murdered every three days not exactly the clean cut image of one of britain's most loved foreign imports he didn't want to i think it was in the morning with the only difference between a rattler people and his p.r. has been very good preserve the very image and he doesn't really come across aggressively that we say anything at all he wants to go respectable and you know suddenly we're all made aware of the rather sort of see the origins of his wealth it's a third of that wealth that police parazynski claims is he's still a wanted man in russia he's suing mr adam ovitz for six and a half billion dollars they set up the oil company significant there in the

ninety's he said but as always he claims he was blackmailed into selling his stake a fraction of its true worth a mere one point two million dollars the money here is massive the case is expected to smash the record for the u.k.'s most expensive privately funded litigation is thought to be costing eighty dollars a second here as were the legal fees mr every move it is a room it'll be sixteen million dollars of her results is the noise of their work cut out there on a no win no fee basis the pair used to be close it's. b. gave his protege the all important leg up into the world of the super rich and we now know he was paid for his troubles but mr a says that was just protection money and knowing they were at the business partners if factor in this case rides on there's no concrete evidence after all this was ninety's russia none of the deals were written down by weeks in and i've counted the cost of nine billionaires five

russian one has one is becky paul israeli one british the crown prince of abu dhabi is suddenly involved for transferring one point three billion dollars from one to the other not to mention future strange deals records of meetings that maybe never happened the whole thing's extraordinarily bizarre you try and piece the whole thing together which becomes another difficult task because you don't know how much of this is even anyway true according to mr pease lawyers mr a has hidden his billions in a complex web of offshore holdings so even if mr b. those when he will have a difficult task extracting any money with so much at stake it's painstaking progress the battle is expected to go on into the new year after bennett's artsy london. that's now cast an eye over what else is happening around the world are starting with yemen where government forces have killed six militants the clash in the southern city of just far brought to eleven the number of insurgents killed in the area in two days the region is reported to have been partly taken over by al

qaeda extremists some say that violent antigovernment protests have helped militants gain control of the area over one thousand five hundred people have died since demonstrations against president saleh started in february. in syria heavy firefight is said to be under way as government forces are trying to storm a residential block where a group of insurgents is hiding out dozens have been killed in anti-government rallies at heart since sunday the government has passed a report to the arab league on the situation in the city which syria's opposition has called a disaster zone and the league will make a further attempt to tackle the crisis this week after brokering of the earlier peace deal that's with widely ignored. bangkok's heavy floods are spreading in its commercial district and out of tory's right of yet another danger predatory reptiles have been seen working in the water in some places

officials also say that the capital subway system is now at risk as the water level has reached one metre the monsoon has claimed over five hundred lives across thailand in the country's worst flooding in half a century the government says four billion dollars will be spent to restore the country. dimitri is here with all the latest in the world of business. thanks to european debt remains one of the dominating issues for the markets this week france and italy are in the spotlight as they deal with their budget deficit and that's after greece is and that's all to the prime minister george papandreou announced he was stepping down after his water plants referendum on the e.u. bailout and this is now waiting to see who is brave enough to step in to back on the. the decision is expected later on monday coalition governments main task will be to pass the european rescue package

a move considered crucial to surely not. second of the market reaction and markets in the u.s. are mixed even cautious traders investors are watching developments in europe italy notably being in the spotlight at the moment the dow jones is up with one quarter of a percent nasdaq clear just on the. european stocks are back in the black as the e.c.b. says it's intervening to buy a mine in the half billion euros worth of bonds to keep a lid on borrowing costs we're seeing the dax up point seven percent the south and russia markets were playing catch up on monday after friday's holiday and as the time change for the u.s. markets opened just fifteen minutes before the end of the trading session in moscow last minute buying boosted rushes in the seas by one percent for the r.t.s. and my folks by one point three percent. with oil reversing back into positive territory support was seen there for energy stocks notably for wasner is up or

around four percent that's after recently announcing for duction boost in the financial sectors burbank gained more than two percent. poland as the sides of force russia to cut gas supply prices for of course polish energy monopoly has filed a claim of the stock on observation tribunal against russia's gazprom russia currently supplies around seventy percent of poland's cares needs in the autumn the country agreed to increase annual purchases but wanted a ten percent discount for extra liveries for its part gazprom is resisting all claims from european customers who want to renegotiate existing a long term contracts to get cheaper gas. and a stake in almost two decades of talks but now russia has its foot in the door of the world trade organization the country is in the final round of in formal negotiations smoothing out the remaining issues a decision on russia's membership is expected by the end of the week peter western

as a person bank writes on says that e.t.a. accession would make russian companies more competitive i think the major point to be to be made when it comes to the sort of increased competition from our players is that i have a feeling there's a lot of improvement cost cutting efficiency to be done in russian companies to actually cope with this so if you want to be really hard on this i mean that i do think that these inflows doesn't actually provide a threat they provide an opportunity for companies to make and sells more efficient more transparent better more effective on the call for this huge level of restructuring efforts that have been done in russian companies that could offset some of these local threats from four years of the major thing here is for the consumer increase competition is lower prices and i would guess the most important thing with it up here with the military. for always as business news goes a website i'll tivo comb forward slash business will join me all the head around

thirty five minutes on the topic. of. the close up team has been to the region where technological breakthroughs say human lives. now are chico's to the sea. where unusual ways to protect nature are. where farming pioneers

place local cuisine to the highest pitch. and where future developments depend on the way. the bushes black sea coast should close up on hard. if. it is easy to eat. seafood. comes to mind. in some cases bird oh she's available in hotels a story of a little busted up renaissance pulls the kotel patroclus otoh the crisp old hotel golden gold and noble tolls and so you will see.