a drive for diplomacy russia warns an attack on iran could have disastrous regional repercussions as israel says military action is a real possibility. the i.m.f. dash for kremlin cash that of the international monetary fund visits moscow in search of support as it struggles the prop up prices if economy. and russia is christine lagarde spur stop and emissions of the world's our plane coming financial power ups. plus. brothers or ski court the a b. c. of the super rich russians of legal loggerheads in london with a light shown on shady deals and billions of dollars it's

a. welcome your chin our team from moscow with me kevin oh it's eight pm here now in our top story for you russia's foreign minister has warned that an attack on iran would be a grave mistake with unpredictable consequences so gay lover of statement comes after israel said possible military action against iran's nuclear facilities is becoming more likely it is an italian overcover report. russia stands firmly on that this issue has to be approached with diplomacy has to be done step by step through talking and 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 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 because it's not sure our view or list issue is well known an attack would be a serious mistake with very grave consequences as we can see proof of that every day when we see how problems are being solved close to iran be it iraq or afghanistan or other countries in the region military interference only leads to a multiple rise in gas. meanwhile international atomic energy agency's preparing a report to a sheer allegedly 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 set out that say if there's going to be military intervention and iran is prepared for it ephesus side mohammad marandi from university 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 trying israel as a mad dog attack dog that needs to be somehow controlled and if they agree to new sanctions. something will be prevented from happening but the whole report itself it's based on forged documents there is absolutely nothing new in there 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 the i.a.e.a. with the documents this shows that this is basically an attempt to create. pressure and to to move public opinion against iran but we're also interested in what you think about all the top stories today we're asking how likely military action against iran actually is what are your views on this you can tell us on our website

r.t. dot com and see what you can say here it is majority if you continue to say this is good it's certainly because the u.s. and israel need this war so more of it is obvious if you think there's no chance of conflict as no one has the stomach for another bloodbath in the middle east right now seven percent of you think it's unlikely and would only happen if there's overwhelming evidence that iran has nuclear weapons we'll find in a couple of days but one side says at least one or two believe it all depends on around the submitting to inspections by the un's atomic watchdog go online tells you about change so it's good to hear from you are all part. of you stay with us in the program as well coming up a cloudy future lose over libya claims of revenge killings in the spread of radicalism nato says its job in the country is now good details about in a few minutes for you. as more and more countries are turning to the international monetary fund for help it's reaching out for support from some of the world's

emerging financial power players chief christine lagarde indeed preparing to head off to china on choose day and she is currently in moscow for talks with the kremlin and he's a country groucho overs following a visit. during these financially turbulent times russia can all for the iowa and 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 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 the euro and eurozone and one of the hopes for the euros coming from the marching economies from the so-called brics countries

that is presumed russia india china and all south africa added to the list russia in particular is ready to contribute at least sound billion dollars will 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 advice within the international monetary fund and other financial institutions the brics may not be to iraq be affected by the euro crisis at the moment but we should not forget that russia for instance keeps all the sports you thought percent of its international reserves in europe's. well crease the head of the line of countries stabilizing the eurozone and it's in athens that

the new coalition unity government being formed to tackle the debt crisis there course this comes after weeks of political political chaos that's put your membership in jeopardy prime minister george peppard dreyer has agreed to step down with his replacement due to be announced later and you interim government will lead the country until elections they're expected to be held in february next year the government's main task will be to approve a one hundred thirty billion euro emergency rescue package that was reached between european leaders and they're now concerns that italy is on its way to becoming the next victim of the european debt crisis what a mess let's talk about it all with economics on this week's crackers on the line from athens good to see you nick the world in a holding its breath for one greek prime minister to go under new ones or be appointed but whoever that is can he or she actually do anything really to change the situation in greece and make it much better. much clearer no but at least sustainable and so we can go to elections and elect

a new government which is probably only be a coalition as well let's face it over the weekend just about every. greek was holding his breath hoping that this deal would be reached and it wasn't until the late hours of yesterday that we had confirmation of it without it we would have lost funding and we would have faced an economic implosion a few months and possibly a messy eurozone exit so is this really though the golden way for the golden path it should be taken it is after the doing everything it can to navigate its way out of this mess no i don't think athens the political system is doing everything it. i think it's about time that the political system became a little bit more responsible and responsive to the needs of the country and greece and so i think a coalition should have been formed quite a while ago it seemed that a lot of the opposition parties were having their cake and eating it too in the

sense that they were voting for the money but no for the last third of it nic let's get this straight you're on the ground here in the country that you're telling me that despite everything we have witnessed over the last few months especially when all this troubles piling on top of trouble people are worried about their wages they were getting paid they're being laid off you're telling me that the politicians you think still haven't really got the message they're not doing everything in as much as they possibly could one hundred percent. i think they just finally got the message in the last couple of weeks in the sense that they would know whether all good options and so they had to sit down and hammer out some sort of agreement for the country to be able to progress and at least not lose the funding at least not lose that opportunity and it's a great sign but it happened quite honestly the world of the world everyone's lips now of course is contagion should other e.u. members be worried about their own economies will talk about italy specifically in a moment but italy aside what about the others well i think italy and spain

apparently still largest threats to the eurozone. certainly heelys very concerning the political situation there is more unstable than it was in greece. or in rates the reaching very and sustainable levels i think there are many good reasons to worry for other countries to even call countries like france who may well lose their aaa rating and some point in the future we talked about at length in the past you just mentioned there about that the cost of borrowing an all time high just running of u.s. it reached an all time high today for a while across those ten year bonds rocketing right up close actually seven percent they say one buys what you want to buy but let's worry about that in the future surely there's no way that athens. italy can be allowed to follow what happens as do it italy is too big to fail isn't it exactly it's too big to fail and there isn't enough money to save it and the problem is that this all of the c b m's of

the engine that has happened in the last week there is eels just keep climbing so it's not going to be a simple matter at all another question will be the same for a long time but you know as the time ticks saw a can see more and more ask pertinent the single currency survive this crisis or is it time to face the unpalatable truth a lot of people are asking this question out of polish the project some say with flawed from the start. it's not quite as simple as abolishing it overnight you care about really do the you know the circle situation or what they do has to do of course other than just bailing out some countries and putting up some defenses in the short to have a really good look at the trees and the infrastructure of the whole project and see if there is some reform they can make it more workable of course when you have seventeen different very different economies in very different countries setting one uniform monetary policy is always going to be haphazard and when the e.c.b.

itself can glimpse a country then things can be very problematic next cracker's it's always good to get your a cool head and a view on the things economic analysts live from athens. thanksgiving. week after wrapping up its intervention in post gadhafi libya the head of nato says it has no major role in the future of the country anymore that's despite widespread allegations of crimes against humanity under the new libyan regime and a shift towards radical islam i think is going to future can ask whether the west has made a habit of turning a blind eye to the shortcomings of its allies. shere first question leader not so long ago the us media presented leading rebels as freedom loving folks yearning for democracy after could not is telling 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 of the former to recruit an al qaeda 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 beheading convicted murderers and rapists stoning to death adulterers sure 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 leading governments 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 that bothered the powers that be in washington why because sunny arabia does the bidding of the united states in this oil rich region sort of being a dictatorship and not a democratic state because of a gallon of export of saudi arabia just shows that we really don't care for working with democracies or we're working with the theater ships or working with secular governments or religious governments where we care about is our interest in the region bahrain another us ally in the region it hosts america's two fleet and also leaves on the shari'a law and has a. questionable human rights records and those in power are their only things to nido and particularly the united states the media here had generally been supportive of the campaign to topple khadafi but now that he's gone why dissidents are on 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 he was to

wait when the war was full on started asking questions and only 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 leaving government i'm going to check our reporting from washington r.t. . well as wars and soldiers come home but for many there's no home to come back to tens of thousands of american so if you think of jugglers and homeless the soup is the military lets them go you can read more about this story on our website about tito also there russian woman accused by the u.k. of being a spy implicating a british m.p. has now reportedly taken another government official into her spell all this time in germany. though you choose channel stripping for women's rights activists from ukraine take the vatican by storm where it well very little just after the pope's weekly address they would quickly remove. the lady's not to close with benedict the sixteenth himself no word side just log on to our you tube page for all the details

and plenty of other videos as well. the news today violence is once again flared up. these are the images the world has been seeing from the streets of kandahar. change operations throughout the day. feeding russian tycoon roman of remortgage and dollars but exhaustive take in the battle for u.k. court and it's no small claim either with over six about half of billion dollars at stake businessman but as he claims are robbed him of the money by intimidating into selling oil shares of a cheap something the chelsea football club owner denies it is other bennett's been watching the billion dollar lawsuit player. it's been dubbed the battle of the

oligarchs in one corner is mr a estimated fifteen billion assets for your football club and a french chateau in the other corner nice to be estimated fortune five hundred million he had to sell his yacht but he does still have his trusty stretch my bike and she never fails to show off her man abramovich is 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 company's employed primarily disabled start landing lucrative thirty percent tax breaks and he came clean on the piles of cash he paid for protection and he dived into the infamous alimony 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. i think it was the morning of the only difference between a rattler people and here is because my very good preserves the very image of him

he doesn't really come across aggressively the reset everything at all he wants to be respectful and 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 body spirit 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 submitted to gether in the ninety's is deeper results 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 the legal fees mr album which is a root to be sixteen million dollars but berezovsky lawyers have their work cut out there on a no win no fee basis the pair used to be close 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 its lack lay in this case rides on but there's no concrete evidence after all this was the ninety's russia and none of their deals were written down five weeks in and i've counted the cost of nine billion as five russian one kazakh 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 all strange deals records of meetings that maybe never happened the whole thing's extraordinarily bizarre you try and place 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 b.'s lawyers mr a has hidden his billions in a complex web of offshore holdings so even if mr b. does win he will 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 artsy london . look some of the news stories around the world for slow period there are riots broken out of the headquarters of the country's main opposition party just a day before the presidential runoff three people have been killed so far it comes after thousands rallied in the capital as the candidate called for a boycott of the runoff of fears of fraud favoring the incumbent president opposition candidate winston tubman claimed the first round of voting was biased against him but its national election observers say last month's poll was free and fair in yemen government forces have killed six militants during clashes in a southern city bringing to eleven the number of insurgents recently killed in the area region of it is reported to have been partly taken over by al qaeda extremists some say the violent antigovernment protests have helped militants gain control of the area over fifteen hundred people have died since demonstrations against president saleh started in february. in syria

a heavy firefight said to be under way as government forces are trying to storm the residential block where a group of insurgents are hiding out dozens have been killed in anti-government rallies in homs and saturday the government has passed a report to the arab league about the situation in the city which syria's opposition is called the disaster zone the league will make a further attempt to tackle the crisis this week after brokering an earlier peace deal that's been widely nor. the floods spreading now to its commercial district and authorities are warning of another danger to predatory reptiles have been seen lurking in the water in some places officials also say that the capital subway systems at risk as the water levels reach the meat where the monsoon has claimed over five hundred lives across thailand the country's worst flooding in half a century the government says two billion dollars is spent to store the country. for the very first time in a row a moment in history has been reenacted today in the heart of the russian capital

a parade marked the seventieth anniversary of a march by soviet soldiers on advancing nazi invaders to face them in a battle that killed more than a million people out is paid rather to witness the event on red square. this is the first time with the parade is being reenacted as it took place in nineteen forty one this is to mark the the seventieth anniversary of the march across red square. to the runs to defend moscow against the nazi onslaught the date of the seventh of november for the spray taking place was of historic importance in nineteen forty one it marked the anniversary of the bolshevik revolution the october revolution it is november it was called the october revolution because it took place in october of the julian calendar we now follow the calendar which put such date was the seventh november that was also an important day not just for the soviet union it was also picked by nazi germany as the day that hitler wanted to be in moscow he

wanted to help most who taken by this point to march in red square himself in similar ways this he had done in paris and other cities in europe the soviet authorities determined to stop that happening and that's why when they could hold this parade on red square and then send people off as a final morale boost before going off the front suffice against the clashes they were able to do just that you know today the parade is seeing soldiers wearing same style uniforms to world by those who fought in the second world war also some pieces of military hardware creation pieces of military hardware from that time also taking part in the battle of moscow itself was very bloody very brutal over a million people killed and injured in the fighting to defend the capital and many of those people who marched across red square just behind me in nineteen forty one dice as they fell at the front defending the capital from germany. it all over the

red square now did i suppose i had a fifteen minutes with you know tonight's quote use of russia's longest have a football season but it's a christmas day too that's going to cross that next in the thorny subject of all the certainty around european very much of course in the headlines three truth here . that's right you have european there indeed it remains one of the dominating issues of the markets this week france and italy are in the spotlight as the deal with their budget deficits and that's after greece's and battled prime minister george papandreou announced he's stepping down after aborting a plan for a referendum on the e.u. bailout investors are now waiting to see who is brave enough to step into the pub and there was a decision as expected later on monday the coalition government's main task will be to pass the european rescue package move considered crucial to shoring up the euro . there's a mixed feeling really around global markets in the u.s.

there was a positive opening now they are down investors are trading cautiously watching the developments in europe notably notably in italy which is due to have a meeting on its budget deficit on tuesday jones is down by a quarter of a percent nasdaq almost zero percent european stocks at the close are also showing some negative dynamics the folksy down by thirty percent or doubts by point seven percent as the spike like the e.c.v. said it intervened to buy nine a half billion euros worth of bonds to keep a little boring course but in russia it's all positive russia markets were playing catch up on monday after friday's all the day as the time change saw the u.s. markets open just fifteen minutes before the end of the trading session in moscow and since as i mentioned it was a positive opening it was last minute buying in russia which boosted the r.t.s. up one percent my six one point three with oil reversing back as opposed to territory with still stands support or was seen in energy stocks notably in ross

nafta it was up almost four percent at the close financials were also strong with her bank gaining more than two percent delegates classified d.t.b. capital wraps up or days straight. birger today was. the end of the g. twenty meeting which failed to live up to expectations the hype of the last one i have to once and the rally was free. and most of the markets beforehand russian market is always the calmer because of the strength of your price. markets slightly down and quite obvious because the thousand year old is is catching your eye so it's going to be difficult for the term government to refinance and remind you it all is a much bigger problem which the new fund which was created to sell widgets or european countries and their problems is not really equipped to deal with now fortunately the g twenty never answered who was going to give the money we don't know what he's prepared poland as decided to force russia to cut gas supply prices

of record and polish energy monopoly as of piled a claim of the stock on arbitration tribunals against russia's gazprom russia currently supplies around seventy percent of poland's gas needs and also in the country agreed to increase annual purchases but wanted a ten percent discount for extra deliveries for its part castro is resisting all claims from european customers who want to renegotiate existing on term contracts to get cheaper gas. and it's taken 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 informal negotiations smoothing out the remaining issues and a decision on russia's membership is expected by the end of the week he to westernize investment banks are strong says w t o x action would make russian companies more competitive. but 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 no she 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 themselves more efficient and more transparent and to be more effective on the cost side there's a huge level of restructuring efforts that can be done in russian companies that could offset some of these sort of threats from foreign players and the major thing here is for the consumer increase competition is lower prices and i would agree that's the most important thing with it a bit of trouble if you're. up next an obscene heaven kevin with the headlines.

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