but you know what you. wrote. in serbia is available in. a. moment of truth. the senate rushes to vote on austerity plan to clear the way for a new government many say debt reduction measures are too late to fix one of the largest economies. bombing. the lucrative oil contracts and other contracts nato countries expect to reconstruct libya sparking new questions over the real motives for the military strikes. the political storm the nation mood turns ugly this local outbreak the country a return to the bad old days.

this is. italy is rushing through painful austerity cuts the worst case scenario with a vote in the senate expected on friday approval by both houses of parliament will finally end the era of silvio berlusconi who promised to resign as soon as new laws are passed. some say it's regulations that forced it's the third largest economy right to the brink. it's in fashion it's a country that economy wise is used to getting its best foot forward. recently its

least seen its economy stagnating has now become the latest country to be dragged into the stand at the eurozone crisis is only has a strong economy and is a liquid has. been far better than it is now italy could now face a similar fate these countries having to see convergence see parallels despite being one of the year is its largest economy we're not greece we are 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 that with that soaring borrowing costs just how did italy end up 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

your isn't the most tricky says that the tough reforms in the last part of what's made putin growth in the country so difficult hopes are now pinned on a new government being able to bring about positive change we have had so many years of leadership that was not credible outside and very divisive inside i don't think it's only an apparent problem i mean there's quite a strong support for saying that mr berlusconi was not able to deliver what he promised i think there might be a transfer somebody else. that's not going to be enough. we need support from all the wise everybody and that's the scariest part of the situation in italy right now the u.a.e. think its biggest challenge yet it's unclear whether they like details of the peaceful and culturally united europe considered by the failure to adapt and to find decisive leadership at this point and these ideals could be in ruins.

in the meantime a greece is already welcoming a new prime minister the former vice president of the european central bank. and there are so sworn in on friday brings to it and base of political wrangling and athens as main parties struggle to come to an agreement and you coalition government will have to vote for more sturdy measures to release another portion of an. otherwise greece warns it will go bankrupt within its political analyst peter believes the true nature of the deepening crisis is being hidden from the public. 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 now greece and apparently spain and italy are 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 give 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 one to secure the world's natural resources their second 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've basically got the world in the palm of your hand whoever controls the finances of the world controls the world and this is what we're looking at here. a lot of despair among the austerity hit greeks are one thing that might help people take their minds that. low prices

or not the people will always demand their entertainment and the greek of the third fly and help boost the morale of the entire nation in their right to match against russia and we all know how the action in the greek fans can be you can watch the entire build up in our sports coming your way next. now with a check process apparently here to stay world leaders have agreed they need to work faster to save the global economy so we spoke to the director general of the world trade organization pascal lamy he says russia's long awaited membership in the w t o will help the revival well the economy is not in good shape but one of the ways to exit this situation which i recognize and we discussed last week in the g twenty in cannes 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 this very moment is also a symbol of the value of the small to the true system of rules in that it had its economy growing including. which are difficult like the ones we are in in the world economy. and often are europeans are also setting their eyes on it china as a source of cash to bail them out and beijing's role in saving struggling western economies is actually something peter lavelle will be debating with its guests on cross talk coming your way here on c.n.n. now less than half an hour. chinese have been very hesitant because they see that the europeans just can't get their house in order we've created such a mess of their economies are nowhere near is cutting them strategic as china does and we've got to be clear that finding our moral hazard in keeping us behaving

badly either in europe or the united states is not in china's long term best interest it's all we want to see the west continue to harm itself are we really in the position given all the problems we have to just talk talk down to china and say what we decide to scored and what we think is good and what you would do is. nearly ten minutes past the hour here in moscow nato may have ended its operations in libya but the western presence is far from over big companies now replacing the warplanes other countries that bombed the oil rich country are now getting lucrative contracts to rebuild it parties. profits of war. first british poms tourists apart now british companies will get paid to put it back together libya is open for business and u.k. firms are being encouraged to join the gold rush is

a relatively wealthy country. and i expect 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 heads 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 upwards of 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. journalist john pilger says there was evidence of battering before nato even got involved transitional council told the french way. they would give total of thirty five it was shown to. be. true. the u.k. department for trade and investment already has start on the ground in libya ready to welcome british companies. warded contracts wanting to get in on the action shell and b.p. has shares ruse on the news they were talking to the transitional government and generic terms arab and more mcdonald's are also reportedly keen both the latter

refused to put up 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 involved in any form of public discussion of why they didn't want them to be around the world. so far the conflict in libya looks like an excellent investment hoth a billion dollars to oust a dictator with a return of three hundred billion in business contracts when it's all over now that humanitarian goals no longer need to be touted wall suddenly makes great business sense you're a smith party london. your life in the heart of moscow was still to come for you this hour i will prob launch to a national reach of destination or just hit the ground i would have a chance of saving rushing. into a planetary mission that was hit with serious technical problems. so if you join us

for our russia close up team or continue to explore people on the black sea coast to devote their life to saving animals from exploitation in the tourism that's coming your way shortly. 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 the parliament so when at last year a moderate centrist victory going to cope which was elected to power people were hoping for calm. reports the legacy so we're going to overcome. it all started with this man viktor yushchenko fist fights in parliament mass street protests and destruction of gas supplies to europe were common in his era as president and it kept ukraine firmly in they had lines the world's media had been having many sleepless nights reporting on the rollercoaster events in the country

back then right there in journalist meeting if we didn't publish a book poking fun at all the major political players. there's time for extremely fun for the media with the regime used the media is a drug for society but if you do so you have to raise the debt you see every year with this transit watch when the temperature rises in politics but for society it's bad but there's a limit to all this wildness which society carries mad with you should we surely reach this goal which it was but many now say it was the mass of you should get scared and see which helped which sweeps of power and many felt his arrival would become a breath of fresh air centralizing the power instead allies in the economy were becoming a look at its first 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 the center fourteen months of just 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 mission go to land such a big sentence seven years behind bars. i want point actually the one thousand nine hundred thirty seven has returned to ukraine and this verdict and the repression of the people we all have to be strong today i'm appealing to all the people of goodwill to all the patriots of ukraine defend ukraine from the will for a tarion regime and the lack of liberty is from the lies and injustice. while the so-called joy of arc of ukrainian politics was time traveling inside the courtroom perceiving supporters clashed with police outside. days later veterans of the chernobyl clear up stormed the parliament demanding a raise to their ridiculously low pensions they demolished everything in their path attacking the police with blunt weapons growing social unrest scared the country's

president when you come across when you work on the newer enforcement agencies tell me that people are buying firearms and they are planning attacks on state police nationwide people have completely lost their shine conspiracy theories and public protests of late have created and of scandal for any media to be swamped with work and the chief editor of one of your grey's leading news websites believes it could get even worse. the first year of human cognition how come because people expected a better life after the wild years you should because cadency was filled with madness but at least that changing was open and predictable that now we don't know what to expect tomorrow and anything like a possible devaluation of our currency can explode the country experts say ukraine may again quiet down for a while but with the euro twenty twelve football championship and the football eventually election looming the temperature of scandal will most certainly be rising again come next year. see reporting from kiev ukraine.

quarter past the hour here in moscow i don't forget you can always or log on to our web site for more stories some of the items are waiting for you right now a look at why today is quite literally one in one hundred giving birth to getting married back so you need to know about the eleven eleven eleven. vanguard are up for grabs divas dress by a russian designer goes on the way i find out what you'll have to pay to dress up gaga style and artsy dot com. with r.t. live from moscow the russian space experts are battling to fix a technical failure on board an interplanetary station that was heading to the

national moon of course by the end of the probe launched just on wednesday to get a better knowledge of how the universe evolves and there are fears the vehicle could crash back to earth having never reached its goal right now explores the potential dangers. at the moment the theories around which prop what problem has caused the probe to be stuck in all put 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 if the problem with the software that's something to 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 used the sun as their main focus point for nothing and then that navigation system switches over towards the stars now that 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 patch to the the probe it should be able to go

about its mission just a few days late now b.p. problems come and arise if it turns out to be a problem with the hardware the focus probe are contained seven tons of highly toxic fuel because this feel was intended on sending it from earth to the moon or mars and then back to earth one nasa expert is referred to the phobias probe as the most toxic palling satellite ever so this is a problem the last 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. he's bitter all about reporting right the more they stay with us here are the time now for the world update some of the headlines from around the world for you this hour a u.s. army soldier convicted of slaughtering three afghan civilians for sport has not

been sentenced to life the jury has however decided that start sergeant calvin gibbs will be eligible for parole after serving ten years in prison for twenty six year old was the highest ranking of five soldiers charged over the deaths of the unarmed men during patrols in kandahar province early last year. security cameras in the turkish city of have captured the dramatic moments of a look right here where a five point seven magnitude earthquake struck on wednesday as the tremor here you can see there the lights go dark people run from the buildings dry ground it clouds of smoke overtake the streets but at least ten were killed when two hotels collapsed so far twenty eight have been pulled alive from the rubble by the same token providence suffered through another deadly earthquake last month that killed more than six hundred. time now to people into the world's biggest country russia closeups the reasons

coming your way right. back to the black sea coast and the people there doing their bit to protect the planet from the art of recycling rescuing wildlife parties or tom bottom discovered harvey environment is being looked after and he also took the time to make some thirty thousand friends. on here unless i have no need to find construction materials. now a bit of paint and i'll turn this bio into something beautiful. some critics might call nina's arcs complete rubbish and they'd be totally right

everything you see in her gallery is made from little machine emotions aside we are covering our living space with litter and the two i've contributed to is good for me to use this week creatively a friend alexei provides some creative accompaniment also using rubbish as instruments but it was a program 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 i just walk around listening to things and what sound they can make you know collects her rubbish from the coastline and winter and spring storms bring her greatest harvest. 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 liana here has just been rescued from captivity but she

had to spend the rest of her life here recovering of a special center where as 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're 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 had forgotten that 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 received we just can't say they've been treated as just a commodity. big cats rameses more at home or here make up most of the parts residence there isn't the money to get 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 but there is

a political workers try to do something to save the situation so do i try to save the earth from the savagery of people so we are colleagues 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 let you. come bottom marci. our thoughts could be with us here are three alive from moscow are now time for korea prisoners. hello welcome to business is the sour they cleaned out on good to have you with us in court has had it all major b.p. oil when its legal battle with minority shareholders and its rush of entertaining. the court rejected two claims for around sixteen billion dollars but already shareholders say they suffered financial losses by being excluded from the

strategic alliance between ross we have and b.p. to explore the arctic for oil deals blocked by b.p. is ross in part as in the other grounds it reached the shareholder that's right all the shareholders say they will appeal the project. russ's long way to become a member of the world trade organization is nearly over barring a few technical issues that still need ironing out world's largest economy outside the double zero will finally be in. changes over the spring. explains after almost two decades of trying many wonder if russia really needs the w t o you could even say it's managed quite well without it realistically though it will have many benefits for foreign manufacturers wanted to sell their goods in russia let's have a quick look now on average import tariffs would be at seven point eight percent that's compared with the current ten percent break that down and you'll see an import julian agricultural goods drop from thirteen point two percent to ten point

eight percent now import terrorists are already manufactured goods will also drop by almost a quarter to seven point three percent now about a third of all judy's will be reduced the moment russia says the double geo another quarter of the cuts will come within three years with only poultry motorcars helicopters and civil aircraft requiring a longer this means it will be easier and cheaper for foreign companies and goods the ends of russia's one hundred forty million strong consumer market in addition to terror of cuts russia is also agreed to remove limitations on foreign involvement in industries like telecommunications and insurance but most importantly accession to the cio will ultimately give russia the much needed competition boost which could finally put an end to runaway inflation here is lovers of all of the cans from door to believes access into the world trade

organization will trigger a change in car parks and making russia. one of the key changes will be for. liberalization less than for vention as the guiding principle of policy making and i think another of paradigm is going to be a change in the way russia pursues its foreign policy because previously say in the past ten years one of the instruments that russia used was preferences and terms of world prices. i think now the new paradigm will be free trade agreements across the globe whether in europe one and asia but this is going to be possible only after russia becomes an equal player on a level playing field together with other members of the w t o. president says russia's economy is in a stable position compared to other g. twenty nations and the state. simple

enough with the idea i'm not really economic situation in our country looks better than many european countries disappoint recent difficulties we have managed to achieve fairly rapid g.d.p. growth this year it will reach four to four hundred percent while in europe and the us g.d.p. growth will range from zero to one percent this year we will also have the lowest inflation in the last twenty years of around seven percent but i cannot say we are protected from danger we need to cut our dependence on fluctuations in commodity prices and develop the industrial sector. and let the markets are rising across europe tracking down gains on wall street in asia starts in london a higher led by banks world banking world bank of scotland group up two point eight was that lloyds banking group is to have to say that some resources start otherwise and while high crude oil futures and precious metals are

a downside though energy group b.j. i like the entire company eight and one percent respectively. here in moscow markets are for reverse from earlier games that are trading in the red the artistic license of gulf was in over one and a market the south has a look at some of the individual family planning my sex energy majors in banking stocks are lower all giant low quality stopping over free press and it is also over one percent in the red and bucking the trend is probably nestle that's gaining momentum on our gold. that's always helping us out by don't forget you can always. watch.