signes field hands deliberates russia's access into the world trade organization is finally agreed after eighteen years in the make a move for me in geneva in just a moment. or so that athens announces the veteran vice president of the european central bank as its new premier sparking indignation on greek streets over the perceived loss of yet more sovereignty to the e.u. . israel may strike iran by the end of december according to reports citing british intelligence sources on the findings of the un's atomic watchdog sparked fresh concern over to ron's nuclear program our top stories the.

international news and comments live from moscow this is r.t. with you twenty four hours a day good to have you with us this so russia has been finally granted exception to the world trade organization after almost twenty years for me to go she asians the commission in geneva has finalized overall terms for the long awaited membership which will happen in december with spain. there's a document in circulation which is all the terms and conditions it weighs three and a half kilos and it amounts to some seven hundred pages now i haven't had time to read the whole thing and i doubt that i'm in the minority there but can only imagine that it's full chockablock of painstakingly negotiated compromises which have taken place over that all that amount of time but in fact what the significance is is

a question that the chief russian negotiator maxine made of says that he has been asked repeatedly over the last eighteen years what just what is the point of this and he pointed out cheering a media conference that took place after the gathering of the documents as they call it here he said that it's true that russia first applied for w t a membership back in one nine hundred ninety three when its economy was in pieces and over that period of time russia has rebuilt its economy without the help of the world trade organization so that it is now the sixth largest in the world he said that despite that we russia now does ninety percent of its trade with members so membership of that organization is a level playing field in terms of doing business it was still very important he talked also about the ups and downs of of the negotiation process the draw comedy and he said that the most difficult moment moments had come when they were negotiating the natural gas terrorists and also the terrorists for the agricultural

sector in russia but he says that now they've come to this agreement he's not fully satisfied with the deal but he says that it's an important geneva lesson to learn that if no one's really satisfied with the deal and that probably means that it's fair for everybody he said he's also negotiated a reasonable period for making adjustments to terrorists between three and four years they will have to bring their tariffs in line with the rest of the world trade organization and the organization itself says that now one hundred fifty million russian cmos will be. have access to cheaper prices for a whole range of goods but of course there are also disadvantages in this and by calling your catarina gretsch over has taken a look for us at the pros and cons of membership for russia of the world's largest trading organization let's take a look here of course for the person on the street w. general membership will not be just something they'll read about in the news but it will mean lower prices removing trade barriers between states increases competition

prices or when ford goods drop and the master companies also grow quicker with foreign markets opening up. for workers of these metallurgical company it all looks like a win win situation their most recent project is the north stream pipeline should they enter international markets they'll face very little competition. and this is not seen much the largest plant in russia's south producing harvester rushers it's not a book is full four months ahead and workers who conspired. to have the company has a rather different outlook to that of the w t o cheerleaders. our oil and gas will be in demand even without entering the w.c. oh well agriculture. agriculture will be among the hardest hit sectors but experts say the domestic automotive industry will

be the one to undergo most of he will. the troubled mortgage giant the vast was rescued from the brink of death in the economic crisis of two thousand and eight i promise to put in well more than one billion dollars in loans cash and guarantees. i guess is the government's favorite child but not all car makers in russia are cherished this used to be a bing must reach open the 1930's most successful years what it is and sixty's when hundreds of thousands of must reach cars flooded the soviet and foreign markets after the collapse of the soviet union was a creature was in desperate need of money but the government could not afford to loss making car produces a mass creature was cast out. the only way to avoid the collapse of yet another industrial giant experts say is to use the transition period after joining the w

chair wisely closely entry to the community zero doesn't mean you instantly have to drop all customs and comply straight away there's a chance at so-called transition period roughly seven years or so protectionist measures will apply for a number of sensitive industries which employ millions of people such as agriculture timber and car making but at a certain point the state's industrial dependence will have to load overturned and walk on their own two feet in the world outside it but that should also be a somewhat easier place to do business in the reduction of customs tariffs and trade barriers to a more level playing field across international markets excluding the great childer r t. and the director general of the world trade organization calame told me a little earlier it's very significant the gratias join the club at the time the global economy is experiencing such difficulties the world economy is not in good

shape but one of the ways to exude. this situation which i recognize and we discuss about the history of the g. twenty and he's not good one of the ways to move out of this crisis is to open more trade fight against protectionism and the fact that russia joined with this very moment is also a symbol of the value of these monti the true system of rules in that it heads economy growing including. which obviously kids like the ones we are in in the world economy joining w t o creates a hundred percent guarantee for business the rule of roll that no corruption will be there i mean i would disagree i were ruling. the world trade organization he's a rules based system do not cover each and every part of business all trade life

but the main pillars of. what can be called a transparent due process legally based system are there all through the countries and these are current russia to move it so that he joins the level of safety and security transparency which all the markets are going to be staters have joined when. they got into the world trade organization. we're always eager to know your view on the story and today we're asking who will benefit most now that russia has to become a member of the world trade organization so let's see how the numbers are stacking up at the moment on screen where the majority still think they'll be no winners as the organization only adds to the big financial mess the world's already in. membership is actually good for russia as little boost its role in the global economy almost the same amount believe moscow succession will play and to be w t

o's hands on the remainder think that russia will suffer because it will be unable to cope with the competition party voted ulti dot com good to hear from. greece's announces next prime minister lucas papademos the former vice president of the european central bank will now take over the reins of the embattled country it follows four days of hectic talks between the outgoing pm george papandreou and the main opposition leaders on a new unity government incoming premier a staunch e.u. backer and his new administration and are set to be sworn in on friday with the immediate tricky task of introducing more austerity in return for continued its political analyst peter as told me that he believes much of what the crisis is about is hidden from public view. we have to turn the clock back to the original collapse of the world economy because this was no accident it was a very well planned exercise and as we know ireland became

a victim portugal and now greece and apparently sprain in italy are likely to follow it really doesn't matter who's in power there are people that are controlling this situation and we also have to understand that there's massive. could we say massive corruption fraud taking place and tax evasion in most countries if actually creating this problems remember that they can take out any country financially or militarily that they want to take out their priorities are one to secure the world's natural resources the second one is to control the markets for those resources and thirdly to control the gateways to the sea lanes and the pipeline routes when you have control of this you're basically got the the world in the palm of your hand controls the finances of the world controls the world and this is what we're looking at here with the dawning realisation in the e.u. that greece may already be too far gone parties max keiser and stacy herbert off of

their own uncensored view of the situation report is coming up in the next hour but here's a pretty. here's a fifty euro. toilet currency all of your fifty euro toilet paper currency will be about as valuable as this toilet paper except this is all available in nicely printed up in this beautiful display case that you can show the in your house and tell your kids all about what happened in europe. and it's coming up this hour on what the next hour so very soon here on our t.v. kaiser report for you. israel may be prepared to strike iran as early as the end of december that's the warning reportedly voiced by some in the british intelligence services and it comes after the un's atomic watchdogs latest report talk tension over iran's nuclear program by saying it cannot exclude tehran is working on

nuclear weapons. is watching developments. according to british intelligence chiefs israel will launch a strike against iran to stop it from developing nuclear weapons as soon as christmas according to sources in the british government if not christmas then the beginning of next year with these sources saying that israeli military action is to be expected sooner rather than later and that it will be action that will be supported logistically by the united states not in recent weeks we did hear from the british defense ministry they confirmed that they have contingency plans in place should the u.k. decide to support military action against iran here in israel prior to the publication on tuesday of the report by the international atomic energy agency the israeli defense minister ehud barak warned iran of a possible israeli strike he said that all options are on the table and when israeli officials use that phrase all options on the table it really does mean

military action the israeli president shimon peres has also gone on record saying that an israeli military strike is more likely than any kind of diplomatic solution we have had ever spawns from iran's supreme leader the ayatollah i mean who has warned both the united states and israel that if they strike iran they must expect a tough harsh response from tehran he said and i'm quoting that we are not a nation to sit back i don't and watch materialistic corrupted and rotten power was threatening iran we will respond with a strong slap and an iron fist he spoke about a graces and invaders being snatched from within not just yesterday wednesday the radian president mahmoud ahmadinejad's responding to that i eighty eight report he slammed that report and he said that iran would not stick that one iota from developing its nuclear program he said that the report was relying on baseless

claims that he ran is building a nuclear bomb. russia's state atomic. is considering building a new palate generating units for iran's bushehr nuclear plant this comes just after the i.a.e.a. its latest report said it couldn't disprove that iran is attempting to build atomic weapons when we spoke to the corporations spokesperson said he know because he said if the project does go ahead it will be on full display for the agency to observe the first union for sure nuclear power plant is a unique international project because lots of countries stiffly and western countries are involved in three women petion all those projects and all the jobs which was done by russian special use was done under the full control of a saw. forcible implementation of the possible construction of next units will be as well implemented under the full international control fanatic nations

watchdog experts it will be absolutely transparent for international society we have great abysmally can use an old nuclear fuel supply where we say that we are ready to provide a new nuclear power plant to have nuclear fuel for all the lifetime of the subject and then be fuel of russian origin spent fuel we are taken back so it means that international society can be absolutely sure that all the russian fissile material will be controlled by russian federation. internet users have been left shocked after videos of alleged police brutality against student protests at the university of california emerged online they clearly show officers didn't hesitate to use their batons to beat the young activists before arresting them after they refused to dismantle their makeshift camp but he talked to one witness and here's what he had to say. police approached with full force break here and the towns we normally goes through they use their batons to repeatedly jab was in the stomach

and they were in years but they were. there when people to the floor and then he remembered with their mates next to the returns as they're on the floor. they were going to your cross the lines and then the rest in the people there weren't any anything and they hit. me on the arms on the torso in the stomach and they arrested more students and they beat the students we repeatedly yelled at we were nonviolent peaceful protesters but they were extremely real in their attack it's with that with their sticks many people were injured i heard one professor one of the friends with our university was was protesting and she's in the hospital or our it's our school we pay tuition we paid tuition that's rising every year for services costs as a reason and we decided it was time to take back our school and turn up the momentum from the other as. this would be a good time i'll try to feed the school calm is the best way to stay fully up to

date with the latest news from that protest site and from our correspondents tweets i think it's the most recent videos you can find that lucy cut off twitter stream including the full videos of the reported police brutality. russian space scientists are struggling to get the country's first interplanetary mission in fifteen years back on track they've been trying to reestablish connection with a probe which was north pole one state was you to head to the biggest martian moon but technical problems mean it has become stuck in a little bit but these people are as the details. at the moment the theories around which probably what problems caused the probe to be stuck in all that around the earth after its takeoff split into two camps whether it's a problem with the software of the crow or a problem with the hardware of the probe now it's a problem with the software and that's something that potentially can be fixed now one theory that's been put forward is that it's a problem with the navigation system of the probe these type of probes when they're launched initially use the sun as their main focus point for navigation and then

navigation system switches over towards the stars now that some people believe that this probe is pale in switching from the sun to the stars and if they can send a software patch and upload back to the probe it should be able to go about its mission just a few days late now the big problems come at the rise and it turns out to be a problem with the hardware the full was pro or contains seven tons of highly toxic feel because this feel was intended on sending it from the earth to the moon or mars and then back to earth so these are a lot of fuel on board there one nasa expert has referred to the phobias grown probe as the most toxic falling satellite ever so this is a problem that last cause most of the russian space agency are facing that they may have to come up with some kind of contingency plan to deal with a potentially toxic. problem caused by the fuel that on board this probe

peter oliver there now here on our team invited the black sea coast as our close up series continues to explore the most amazing corners of russia. right now the region is one of the most popular resorts for russians parts the president our region is hope to appeal to a much further and wide audience with food at its heart local producers are slowly taking steps towards putting the region's riches on the world's most exquisite tables lassies tom barton talked of the pioneers of industry and fall out about the hurdles still to be overcome their next door may treats from russia's coast but these look three food producers are struggling to find a market this is the only muscle in oyster farm in the area just off the black sea

coast it's run by forex scientists who used to study the region's marine life back in the u.s.s.r. . that question with another question when the country collapsed science collapsed we were fired from our jobs in america search center we were good growing muscles and oysters so we approached a company and arranged the million roubles for a start up it's a risky business with a storm capable of ruining a year's work but without any major setbacks they can harvest twenty tons of mussels a year the problem then is trying to sell them. even on the black sea coast this is not ordinary food only the last two decades of russian started travelling abroad and seeing foreign menus so they started asking for more mussels not for the oysters are currently very popular in russia in fact the efforts of these guys are unique here about hoping to grow markets for the underwater bounty not the only ones for a place on the russian dinner table. but there's been yard and tourist center

inland yanis and his family have been farming for decades he's of greek descent and helped his father establish the farm recently he decided to try and make wine here kids believe we need three years to establish the vine and in five years for a good product in a few years i hope we can produce great russian wine here to comment on whether a good for great grain here but younis is hesitant to try and make this into a proper business and scription is putting him off and just more through a little less like an artist painting a picture and i wanted a serious business i'd be too scared of corrupt officials taking it from me but with a creative approach i'm not scared of people in authority are the ones who should be kept from power they do not respect our citizens. yanis complains that a license to sell his wine costs one and a half million dollars far too much for a small producer like himself this also prevents

a good wine industry from developing here but he still loves the region and hasn't given up hope of making it productive or north if there are some good great growing areas in russia this is a favorable area so if your thirties don't interfere we can promote our brand and prove ours is as good as any french wine but. at the moment you have to look carefully to find local wine and muscle producers on russia's black sea coast but who knows within a few years this region could become a center for gourmet russian dining tom watson r.t. or stay updated now in the world's economy r.t. because our business bulletin is next with.

soon much brighter if you live from funds to. stance on t.v. don't come. alone that are welcome time to get the latest on the world of business and as we've been reporting russia has been given the green light to join the world trade

organization the move is expected to open new markets for russian good will also boost a desire for you investment into the country russia's chief negotiator mike seem to get with explains the most difficult points in an eighteen year long marathon. the most difficult thing. and culture. to agree on the commitment will occur or course if international crisis was of course or was. it is negotiations with. their different circumlocution not change the current regulations in respect of prosecution against a russian. citizen. says he. to spend more money to support our. solution people in five years and in five years will go to occur in support which will enable us to

complete musician of our culture certain. russia's w t o entry will both competition making life for many russian companies difficult but the bottom line will be better corporate governance and an improved investment climate so says the chief economist from deutsche bank yourself a civil. in terms of transition periods the longer these transition periods the better. the length of the transition period will be as long as seven to nine years so this should provide enough time for some producers to prepare for the inevitable which is now going to be a significant increase in competition from abroad. and there's going to be a major agents of change and russia's corporate structure of the throughout the competition is likely to force russian producers to improve corporate governance to forge ahead with efficiency improvements. let's have

a look at the markets oil is high on speculation that europe's economy may weather the do regions debt crisis brand is now trading at one hundred thirteen dollars per barrel lights which is a night. ninety seven dollars for a barrel this hour as you can see from the graphic and u.s. stocks have rebounded as industrial and energy are only a rally overshadowing a drop in apple the company's shares the big over two percent after equivalent research cut its forecast for i pad sales. and european stock markets were mixed at the close different city client but the directors point seven percent higher. and partly here in the meanwhile screw the markets finished thursday's session in the black darkness the it's both gave more than one percent but so have a look at some of the individuals who was on the might have to give point two percent the country's biggest loans as burbank was up more than one and a half percent the land house reported a more than two fold increase in the past ten months will be here by. russian

accounting standards and food retailers while the company's earnings have jumped on most eight percent and generous of ten bucks a look from their risk in for much of all that c wraps up today straight for us. i would describe it as a limit on that you would see something more akin to the. go in and beats on the number call for the summary to guest list for them on some positive trends and we will promise from you is for sure as soon as usual we have been so recently on the external and small but never what is still trick and that's all in story here more than a quick story from our. highly depends on what you know will be the news for form and probably easily american officials that's it from want now stories you can want on that side that's our current dot com slash business.

to. the. wealthy british scientists i. sometimes cuts right on. the. market why not come to. find out what's really happening to the global economy with my

stronger for a no holds barred look at the global financial headlines tune into cars report on our keep. the close up team was good for them it's a great year for technological breakthroughs save human lives. lead now marty goes to the see the for. the unusual ways to protect a neutral. place where farming pioneers place local cuisine to the highest pitch place where future developments depend on the way the glaciers black sea coast should close up on our. lead mission free. education free in-store charge of free. maintenance the free.