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 with all predictable consequences sergey lavrov statement comes after israel said possible military action against iran's nuclear facilities is becoming more likely artie's a 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 reaction to this comes after israel has been pushing for a military intervention saying the clock is ticking and the 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 on this

issue is well known an attack would be a serious mistake with very grave consequences we can see proof of that every day when we see how problems are being solved close to iran iraq afghanistan or other countries in the region military interference only leads to a multiple rise in deaths. 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's if there's going to be a military intervention and iran is prepared for it. professor said mamma morandi 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. well i think if you look at the general picture there is a general trend to try to put iran in

a corner at the top 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 portraying israel as a mad dog attack dog that needs to be somehow controlled and the reason you're saying. something bad will be prevent it 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 i've been refuted in the past the united states has never provided the i with the documents this shows that this is basically an attempt to create. pressure and to to move public opinion against iran. over always interested in your opinion and today we're asking how likely military action against iran actually is have the website r t dot com to take part in the polls and the majority of you continues to say that it's

a certainty because the u.s. needs this war fewer view 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 by the u.s. atomic watchdog the minority is confident it's unlikely and would only happen if there's overwhelming evidence that terror on housing nuclear weapons again and go online to cast your vote. of course you're watching are still ahead for you while the future looms over libya i mean claims of revenge killings and the spread of radicalism nato says its job in the country is done all the details coming up in a few minutes. as more and more countries are turning to the international monetary fund for help it in turn is reaching out for support for some of the world's emerging from national power players i.m.f. chief christina guards preparing to head off to china on tuesday and is currently in moscow for talks with the kremlin. over the. during

these financially turbulent times russia can all for the i am of 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 experience serious financial and economic difficulties or even risk a default as it is now the case with greece recent developments in this european country and the euro crisis in general. to come 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 the euro and eurozone and one of the hopes for the euro is coming from the emerging economies from the so-called brics countries that is brazil russia india china now south africa added to the list

russia in particular is ready to contribute at least ten billion dollars all 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 the sort that a 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 directly affected by the euro crisis at the moment but we should not forget that russia for instance keeps almost forty five percent of its international reserves in euros. let's get some perspective and analysis now from asia times correspondent at pepe escobar mr escobar could a contribution from russia to the i.m.f. could actually help save the euro zone. well the short answer is

a flat not so good. that ten billion dollars that's russia is offering to defy a wall that europeans need in case it really goes under they need a fire wall of one trillion dollars debt not going to get this from the brics is out of the question not even shina would even imagine giving them. the. wally and let's put it this week after s f or even the i.m.f. lord then lets say fifty billion dollars it's not enough the problem is the euros doesn't work for the eurozone it works for norse in europe but not for the club med countries in they have to find a solution inside europe which they you won't because germany simply refuses to give more money to do or be and central bank that would be the only possible solution other than if i had planned ahead and what sort of benefits could russia expect in return for helping out the i.m.f.

is that good now it gets much more interesting because from the bric spine of steel what they want to a cheat brazil russia india and china especially used to get more filtering rights at the i.m.f. at the moment the brics have like eleven percent of the old thing right european union has thirty two percent it's completely absurd it's completely in balance the problem is the atlanta system elites in washington and in the larger of capitals they don't want to do some of their power inside the i.m.f. so when you when you have met them like i go into the bric countries we did you know her hat in her hand asking for money then the whole equation changes because russia china and brazil especially again at least impose their conditions and they have voting rights and in at the level of director general of the i.m.f. they can start setting up policy but this is going to be a very long drawn out battle right long drawn out battle but how sama sama do you

think it will take before they start calling the shots and. they are increasingly powerful economically right look at realistic i would say at least another decade because the recession in the us in europe is here to state what the i.m.f. calls structural adjustment would have to be delivered to the well see north and countries like in latin america for instance most people remember when the i.m.f. people's a stroke to a judgment to brazil to argentina to other south american economies was absolutely horrible there was major unemployment that 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 it's needed toward us and for europe so everybody is trying to find a way out but like i said from the point of view of europe would be to have

a neurosis 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 work because there's no two it can only can by this be seen north and southern europe and it will not join the growth it is a political nationalism yes are to john in there you mentioned the new currency i mean this has always been brought up every time the brakes comes into the picture as well as in the crisis putting it together is there room now for a new reserve currency any is it all or too big to fail is a really a viable replacement to the dollar at this point or is it simply too ambitious to say that. well g.o.i. possibly it would be a basket of currencies debt would include specially do you want the yen the euro of course even if it's a battered euro perhaps the ruble perhaps the brazilian ryall a real basket of currencies but there's another development that it's let's say

it's an underground development at the moment countries to start trading with each other or economic bloc start training we do jobs are in their local currencies bypassing the dollar for instance brazil and china trading a new one in reality russian brazil trading in rubles and reality this is already happening so in the next few years maybe logical conditions of trades between countries would come up with a different system and that would be in fact a basket of currencies because everybody will be using other terraces then the dollar to trade among themselves ok you know very quickly out of that the world trade organization membership of russia have been waiting for two decades now of negotiations do you think the membership but will prove to be worth the wait for russia. it will if russia diversifies its economy cannot be a model culture of oil and gas just like venezuela for instance like when as well

a joint america sewer in south 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 money factor product sense well and considering date intellectual capability and the intellectual know how in russia just can't be done but you have to start diversifying your economy like yesterday all right thank you very much talk to us live from brazil times correspondent about the ask of our. now 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 to tackle the debt crisis there well this comes after weeks of political chaos that's put greek a euro 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 of 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 the european leaders and there are now concerns that italy is on its way to becoming the next victim of the european debt crisis later on r t a former british minister tells us that the eurozone project is long needed a reality check. probably the moment is to you is based on fiction because it doesn't have political reality the whole problem of this crisis it was created by the europeans then so because you could nor count on a single currency which i was a political union they knew they couldn't get away with a political union so they disappeared with the equivalent of law speakers and signed up to and maybe a proposition which is to have a unified currency with no unified policy paper going to get rid of unemployment in greece you're going to have to get the price down and it's almost everything is prized in europe as that would never be possible to have. seen if i was

a greek i would be. going to ground. to get out of this because what happens there still in the euro zone says a french bank check ahead. but there's 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. now week after wrapping up its intervention and post gadhafi libya the head of nato says it has no major role in the future of the country well that's a spike 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. share first question later not so long ago the u.s.

media presented libyan rebels as freedom loving folks yearning for democracy after could alpheus 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 does that story in the region libya's new rulers are at risk of being accused of the same kind of abuses before to overthrow an al qaeda flag planted on a libyan 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 a legal again consistent with sharia law sharia law to include punishments such as cutting off the hands of thieves beheading convicted murderers and rapists stoning to death adulterers shari'a 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 the saudi arabia for instance has the most extreme form of sharia law women are not allowed to drive cars are not allowed to vote the crime for adultery for women is the death penalty in saudi arabia and none of this seems to bother the powers that be in washington why because saudi arabia does the bidding of the united states in this oil rich region being a dictatorship but not a democratic state america's a big ally in a big supporter of saudi arabia that just shows that we really don't care for your democracies or we're working with dictatorships or working with secular governments or religious governments all we care about is our interest in the region very another u.s. ally in the region it hosts america's fifth fleet and also leads on the shari'a law and as a. those in power are their only things to nato and particularly

the united states the media here had generally been supportive of the campaign. but now that he's gone. on about human rights maybe. so well demonstrated in the run up to the war when the media. when the war was. a top priority. behind the current government. reporting. home there's no home to come back to tens of thousands of american soldiers to go home as soon as the military lets them go. british. in germany.

and this just in and argue. for women's rights activists from ukraine. wearing. a dress. paid for all the. other videos. the news today. these are the images the world has been seeing from the streets of canada. trying to rule the day. russian tycoon abramovich and 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 businessman but claims robbed him of the money by intimidating him into selling oil shares on the cheap well that's something the chelsea football club owner denies ortiz ivor bennett has been watching the billion dollar lawsuit play out. it's been dubbed the battle of the oligarchs in one corner is mr a estimated wealth fifteen billion assets for yachts chelsea football club and a french chateau in the other corner mr p. 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. his rise to riches is a story precious few knew until now his turn in the witness stand has lifted the lid on a life in the shadows he revealed how some of his companies employed primarily disabled staff landing lucrative thirty percent tax breaks and he came clean on the piles of cash he paid for protection as he dived into the infamous alimony and wars

of the ninety's where we now know someone was murdered every three days not exactly the clean cut image and one of britain's most loved foreign imports he did want to i think it was in the moment you know the only difference between a rotten the dumpster is p.r. and here his p.r. has been very good presents a very benoit image that he doesn't really come across aggressively that we say anything at all he wants to go respectable and suddenly we're all of the rather sort of see the origins of his wealth it's a third of that wealth but he claims is he's still a wanted man in russia he's suing mr and promote it for six and a half billion dollars they set up the oil company sit next to gether in the ninety's this debate as he claims he was blackmailed into selling his stake at 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 in here as for the legal fees mr abbott is a route to be sixteen million dollars a barrel lawyers have their work cut out there on a no win no fee basis the pair used to be close miss to be. he 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 denying they were business partners it's not claim this case rides on but there's no concrete evidence after all this was ninety's russia none of the deals were written down five weeks in and i've counted the cost of nine billion is five russian one count 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 few jill 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 shore holdings so even if mr b. does win he'll have a difficult task extracting any money with so much at stake it's painstaking progress the battles expected to go on into the new year after bennett. london. and let'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

a 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 in homs 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 an earlier peace deal that's been widely ignored. bangkok's heavy floods are spreading in its commercial district and that with already is one of yet another danger predatory reptiles have been seen lurking in the water in some places officials also say that the capital subway system is now a 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. now 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's embattled prime minister george papandreou announced he was stepping down after support of plan for a referendum on the e.u. bailout investors are now waiting to see who is brave enough to step into pup and there was shoe the decision is expected later on monday and relation to the government's main task will be to pass the european rescue package a move considered crucial to shoring up the euro. second to the market reaction and markets in the u.s. are mixed in cautious traders investors are watching the developments in europe italy notably being in the spotlight at the moment the dow jones is up with one

quarter of a percent nasdaq just a notch down. european stocks are back in the black as the e.c.b. says it's intervening to buy in line the half billion euros worth of bonds to keep a lid on borrowing costs we're seeing the dax up point seven percent this hour and russian markets were playing catch up on monday after friday's holiday and as the time change saw the u.s. markets open 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 myself by one point three percent. with oil reversing back into positive territory support was seen for energy stocks notably for. she's up for around four percent that's after recently announcing a production boost in the financial sectors burbank gained more than two percent. poland as a side it's a force russia to cut gas supply prices for a court polish energy monopoly has filed a claim with

a stockholm arbitration tribunal against russia's gazprom russia currently supplies around seventy percent of poland's gas needs in the autumn the country agreed to increase annual purchases but wanted a ten percent discount for extra deliveries for its parts gazprom is resisting all claims from european customers who want to renegotiate existing a long term contracts to get cheaper games. 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 a final round of informal negotiations smoothing out the remaining issues a decision on russia's membership is expected by the end of the week peter western as a vestment bank at on says that each year accession would make russian companies more competitive i think the major point to be to be made when it comes to the increased competition from players is that i have a feeling there's a lot of improvement cost cutting efficiencies to be done in russian companies to

actually cope with this so if you want to be really hard on this i mean i i do think that these employers doesn't actually provide a threat they provide an opportunity for companies to make themselves more efficient more transparent at a more effective on the cost of this huge level of restructuring efforts that can be done the russian companies that could offset some of this sort of threat from four years of the major thing here is for the consumer increase competition is lower prices and i would really that's the most important thing with it would. for all latest business news i go to a website all tito come forward slash business will join me i'll be here around fifty five minutes on the topic.

of. the close up team has been to the men's own region where technological breakthroughs save human lives. now marty goes to the sea. for unusual ways to protect nature on. where farming pioneers place local cuisine to the highest pitch. and where future developments depend on the way. russia's black sea coast should close up on our t.v. .

used to do. you believe. in some bitches but she's available in a story and. we kowtow to truth closer to the truth still photo. in a sea of colors you visit. this

is our. top stories for diplomacy. disastrous regional shows and these are all says military action is a real possibility. for. secretly developing nuclear weapons capability. which seems to be sinking into. the country's political pulse former gadhafi loyalists are allegedly being. visits moscow in search of support as a struggle.