marina joshie welcome italy is rushing through painful austerity cuts set to avert the worst case scenario in third largest economy vote and the senate is expected on friday approval by both houses of parliament will finally and the heir of silvio berlusconi who promised to resign as soon as new laws are passed but as our team sara first reports manny in a way down the new government will bring relief to the struggling country. the italian brands he's always seem to be going strong. with the best business. it's in fashion it's a country that's clearly why it's saying its best it forward. recently its least seen its economy stagnating it's now become the latest country to be dragged into the center of the eurozone crisis. italy has a strong economy and could have. been star better than it is now

its lee could now face a similar fate these countries having to seek and the agency despite being one of the year isn't largest economy we're not greece we're not greece because we have a lot of savings we are not greece because we have been very prudent in this recession we haven't done big deficits in this recession might not be greece but with a man that soaring borrowing costs just how did italy and in this situation right now nobody's spending nobody's spending in all or all of europe consumers are not spending they are saving they're scared to death of what's going to happen meeting you is into most. tough reforms in the last part of what's made with putin growth in the country so you difficult to know pinned on any government being able to bring about positive change we have had too many years of leadership that was not

credible outside and very divisive inside i don't think it's only probably i mean there's quiet. for saying that mr berlusconi was not able to deliver what he promised i think there might be a transfer or somebody else will do better but that's not going to be enough. we need support from europe otherwise everybody on its own and that's the scariest part with the situation and it's the right now the u.a.e. thing face its biggest challenge yet it's unclear whether they like details of the peaceful and culturally united europe can survive to adapt and find decisive leadership at this point and they could be in ruins. and greece is already welcoming a new prime minister of the former vice president of the european central bank lucas papademos will be sworn in on friday and bring state and days of political wrangling in athens as main parties struggle to come to an agreement the new

coalition government will have to vote for more austerity measures to release another portion of an e.u. bailout otherwise greece warns it will go bankrupt within weeks political analyst peter iyer believes the true nature of the deepening crisis has been hidden from public view. i think 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 exercised by the new world order who have the ability to close down any company or any country at will and as we know ireland became a victim portugal and greece and apparently spain and italy likely to follow it really doesn't matter who's in power there are people that are controlling this situation the banks are involved who sometimes get unsecured loans and of course the politicians themselves remember that they can take out any country financially

or militarily that they want to take out this is a master plan of what i call the new world order their priorities are to secure the world's natural resources their second 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've basically got 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 and what the debt crisis apparently here to stay we're a leader is how green they need to work faster to save the global economy so r.t. spoke to director general of the world trade organization colony and he says russia's long away the membership. will help their revival well the economy is not in good shape but one of the ways to exit. this situation

which i recognize and we discussed the last week in the g twenty 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 joins that this very moment is also. the value of the small to the true system of rules and in that it had its economy growing including. which all difficult like the ones we are in in the world economy. europeans are also setting their eyes on china as a source of cash to bail him out and asians are all in saving struggling western economies is something people of debates with he's gassed on cross-talk coming up later today. the chinese loan money to america or to europe it's not because they like them it's merely to gain political advantage you know for sure economic

exploitation. and yes i was just going to say who sets the measure i mean who decides what's good and bad behavior and moral equivalency arguments really interesting until you come to face somebody who is truly about we went through this whole same argument in the 1930's don't criticize the germans a lot of american companies went over there and set up business and said it's not our position if you're rich when you go you're creating that board you're equating china of today to nazi germany of the one nine hundred thirty s. . absolutely although i think you know china's somewhere worse. nato may have added its operations in libya by the western presence is far from over with big companies replacing the warplanes the countries that bombed the oil rich country are now getting locomotive contracts to rebuild it argues laura smith adds up the profits of war. first british bombs tourists apart

now british companies will get paid to put it back together libya is open for business and you k. firms are being encouraged to join the gold rush. if you will see country. and i expect that there will be opportunities for british. companies to get involved in the reconstruction of libya philip hammond is urging c.e.o.'s and sales directors to pack their suitcases and head to the north african country the u.k.'s bill for its part in the nato intervention in libya is estimated at just under five hundred million dollars but according to the u.k. department of trade and investment the value of contracts to rebuild libya in areas ranging from electricity and water supplies to health care and education could amount to put three hundred billion dollars over the next ten years and the british

government will make sure it takes a leading role in that just as it did in the war and that's raising more questions about the u.k.'s motives in playing such a big role in the recent conflict john hillery of war on want says it has shades of post-war iraq when companies from countries involved in the allied invasion were awarded all the best gigs. destroy. journalist john pilger. it says there was evidence of battering before nato even got involved the national transitional council told the french late on. changing the arab way they would give charge of all the thirty five it was shown to be. charming everybody should watch every one of the fighting really. the u.k. department for trade and investment already has staff on the ground in libya ready to welcome british companies awarded contracts wanting to get in on the action

shell and b.p. who shares rose on the news they were talking to the transitional government and generic firms are up and mark macdonald also reportedly keen both the latter refused to put up a spokesman when asked preferring instead to send basic statements which critics say is a new tactic to avoid defending their ethics it's better for them. so far the conflict in libya looks like an excellent investment half a billion dollars to oust a dictator with a return of three hundred billion in business contracts when it's all over now the humanitarian goals no longer need to be touted wall suddenly makes great business sense nor a smith forty london. still to come for you this hour here in r.t. will a probe launched martian moon reach its destination or hit the ground will gather

chances of saving russia's vicious planetary mission at very was hit with serious technical problems. and join our russian close of team as they witness some of the creative ways people on the black sea coast are we hearing their shores of weights . the rule of the orange coalition was a time of political fireworks in ukraine protests and clashes on the streets were matched by brawls inside parliament so when last year a moderate centrist victory in a car which was elected to power people were hoping for call. for it's a legacy might not be easy to overcome. history appears to be repeating itself in ukraine the left of the events of several years back on the right of just a few weeks ago but the two points in history united by people same belief that the government haven't been working in their favor. and for many it all started with

this man because the. fist fights in parliament now street protests and destruction of gas supplies to europe were common in his era as president and it kept ukraine firmly and i had lines the world's media had been having many sleepless nights reporting on the rollercoaster events in the country back then writer and journalist meeting if we didn't publish a book at all the major political players. there's times are extremely fun for the media the regime used the media is a drug for society but if you do you have to raise the debt every year it was fun to watch when the temperature rises into hysterics but this is science he is with managed there's a limit to a list wildness you could offer to which society if there is management should. surely reach this goal. but many now say it was the mass of you should get scared and see which helped which sweeps of power and they felt his arrival would become

a breath of fresh air centralizing the power instead of the economy were big. priorities when he became president of ukraine for more than a year it had been relatively quiet here but the case of former prime minister units in fourteen months of his presidency propelled ukraine back into the global headlines the culmination of her trial for exceeding her authority while prime minister shocked many hardly anyone expected to machine code to land such a big sentence seven years behind bars. i want to point out that stalinist times when there were impressions returned to ukraine with this but i'm appealing to all the chance to be crain the defense ukraine from an authoritarian regime why . the so-called joint of our. time traveling inside the courtroom per see these supporters clashed with police outside. a slater veterans of the church will be clear up stormed the parliament to race

through their degrees some of those pensions they demolished everything in their checking to police with blunt weapons growing social unrest scared the country's president when the. agencies tell me that people are buying firearms and that he is planning attacks on state police nationwide people have completely. experts say ukraine may again quiet down for a while with the wealth to be championship and parliamentary election to be the temperature of scandal will most certainly be rising again next year. and from kiev ukraine. you can always log on to our website for more stories and here's what's the line right now saved by scars scare is rather a horror riot are. raising money for the poor to pay their bills and also. god i'm for grabs

a. russian designer goes under the hammer and find out why you have to pay to dress up. in canada and the us that it is legal for you to use. on your baby it contains a known carcinogen something that causes cancer. and most of the. just today an average cancer drug prescription costs nearly one thousand six hundred dollars a month oh my god nobody with cancer. therefore i'm protected. because ninety to ninety five percent of cancer hurt people with. history of

cancer the pharmaceutical industry spends about fourteen percent of their budget on research and development and about thirty one percent for marketing and administration. in fact there are more pharmaceutical industry lobbyists in washington d.c. than members of congress. the watching our team our russian space x. ports are battling to fix a tactical failure on board at interplanetary station that was heading to the martian moon phobos the aim of the probe launched on wednesday was to get

a better knowledge of how the universe evolved but there are fears the vehicle could crash back to earth having never reached its goal or to speed all over explores the potential dangers. at the moment the theories around which problems problems cause the probe to be stuck in around the earth after its takeoff split into two camps whether it's a problem with the software of the probe or a problem with the hardware of the probe now it's a problem with the software 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 that navigation system switches over towards the stars now they some people believe that this probe has failed in switching from the sun to the stars and if they can send a software patch and upload that to the the probe it should be able to go about its

mission just a few days late now the big problems come the rise if it turns out to be a problem with the hardware the probe contains seven tons of highly toxic fuel of course this fear was intended on sending it from earth to the moon or mars and then back to earth one nasa expert is referred to the focus group probe as the most toxic falling satellite ever so this is a problem that off course 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's on board this probe to make sure that it poses no threat to us here on earth. let's now take a look at some other stories from around the world and a u.s. army soldier convicted of slaughtering three afghan civilians for sport has been sentenced to life the jury has however in decided that staff sergeant calvin gibbs will be eligible for parole after serving ten years in prison the twenty six year

old was the highest ranking a five soldiers charged over the deaths of the an armed man during our patrols in kind of our province early last year. security cameras in the turkish city of van after capture the dramatic moments why five point seven magnitude earthquake struck on wednesday as a tremor hit you can see the lights go dark and people running from buildings as gigantic clouds of smoke overtake the street at least ten people were killed one two hotels collapsed so far twenty people have been pulled from the rubble alive all the same turkish province software and through and now there are deadly earthquake last month that killed more than six hundred people which are the live from moscow well time now to delve deeper into the world's biggest country and our russia close up series.

today it's back to the black sea coast and the people there are doing their bit to protect the planet from the art of recycling to rescuing while alive artie's dumbarton discovered how the environment is being looked after. one year and i have new need to find construction materials. now a bit of paint and i'll turn this bottle into something beautiful. some critics might call me complete rubbish and they'd be true to me right everything you see in a gallery is made from lists and emotions that we are covering over a living space need to have contributed to was good for me to use this week

creatively. her friend alexei provided some creative accompaniment also using rubbish as instruments was up when i started with just one barrel i was invited to a festival before i even had time to work on my instruments so i just experimented and just walk around listening to things and what sound they can make nina collects her rubbish from the coastline the winter and spring storms bring her greatest harvest there for her i come to the seashore every day no matter whether weather or the time of year it's all the same to me recreation inspiration conservation but it's not just pieces of rubbish but got a second life one month old leon the hair has just been rescued from captivity but she'll have to spend the rest of her life here recovering of a special center whereas nina rescues pieces of rubbish the staff at this park rescue far more vulnerable things most of these animals were formally kept by

street photographers who let people pose with them for money. they are kept on drugs so they remain tranquil have their teeth pulled out so they can't hurt people and starved so they remain small business to go with me if we take circus bears who have finished their usual life it's not a secret that they could well be made into sausages many of the animals we receive we just can't say they've been treated as just a commodity. big caps like rameses off at home or here make up most of the parts residence there isn't the money to give them as much space as they would have in the wild but at least here they have some exercise a good diet and the veterinary care they so often need there is a lot of the clerk workers try to do something to save the situation so do i try to save the earth from the savagery of people so we recall it's really. from plastic

bottles to lion cubs saving the planet can come in many shapes and sizes here on the black sea coast they might be rubbish to some but not to every. tom barton. just the cutest thing well we're back to rehab our top stories in just a few minutes before that we'll take a look what's happening in the world of business with karina stay with us. hello and welcome to business of twenty three minutes past eight o'clock thanks for joining me rush is a long way to become aware of the world trade organization is nearly over bearing a bearing a few technical issues that still need ironing out the world's largest economy outside the well finally b m l well this change. will have to. after almost two decades of trying many wonder if russia really

needs a w t o you could even say it's managed quite well without it realistically though it will have many benefits for foreign manufacturers wanting to sell their goods in russia let's have a quick look now on average import tariffs will be at seven point eight percent that's compared with the current ten percent break that down and you'll see an import duty on agricultural goods dropped from thirteen point two percent to ten point eight percent now import tariffs for already many fractured goods will also drop by almost a quarter to seven point three percent now about a third of all judi's will be reduced the moment russia and says the double. another quarter of the cuts will come within three years with only poultry motor cars helicopters and civil aircraft requiring longer this means it will be easier and cheaper for foreign companies and goods to enter russia's one hundred fourteen million strong consumer market in addition to tear of cuts russia's also agree its

removal limitations on foreign involvement in industries like telecommunications and insurance but most importantly accession to the double cio will ultimately give russia the much needed competition boost which could finally put an end to runaway inflation. and chief economist from georgia back russia. believes devotee of entry will trigger a change in economic policy making russia. one of the key changes will be where you are emphasis on the liberalisation less state intervention as the guiding principle of policy making and i think another paradigm is going to be a change in the way russia pursues its foreign policy because previously you see in the past ten years one of the instruments that russia used was preferences in terms of well what will prices i think now will be new paradigm will be free trade

agreements across the globe whether in europe one of asia but this is going to be possible only after russia becomes and equal player on the level a level playing field together with other members of the w t o. let's have a look at the markets oil in new york is heading for a six week game that means that the number of americans filing applications for unemployment benefits fell to a seven zero zero less positive picture in europe where it leave all with austerity measures to clear the way for a government that's why us on its desk hollering around the highest since the birth of the euro like sweet is i mean almost a quarter of a dollar per barrel is losing a fair and other dollar. markets in asia mostly higher following a rebound for u.s. stocks and some positive signals out of debt stricken your up hong kong's hang seng is adding over percents with banking stocks in the lead. and in the morning session with a point two percent loss financial firms are contributing to overall weakness in

tokyo now more a holding is down two point four percent and i was securities group fell one point six percent and it's two hours ahead of the opening bell here in moscow russian equities and thursday's trading session in the black both them isaac's and the r.t.s. gained over one percent driven by stronger crude market watcher alexander rifkin from metropole financial corp previews today's trade. what it would really think will be most. focused on the game on the news from you know we need to know if you tell an official schedule to take some of this is also on the budget cuts with. so use some savings result for the base color dependence on that use if it is accepted so we see some consistent. was it if most of us from the inside in terms of the internal the. different markets will react for a post. back in the. morning

news today violence is once again flared up. these are the images gold world has

been seeing from the streets of canada. giant corporations are on the day.

want to back in watching r.t. here's a look at the top stories it always sounds russia's to vote through in a plan to clear the way for a new government. steps down but many say the devil reduction measures are too late to keep one of the largest economies from following in the food steps of greece and portugal. bombing for billions companies from countries that adds to part in the libyan campaign to cash in on reconstruction lucrative contracts in the pipeline have sparred new questions over the real motives for military strikes. russian space experts are struggling to fix technical problems on board a probe launched martian moon a few days ago the ambitious interplanetary miss.