moscow in reaction to russia's parliamentary elections descends into an unauthorized march and scuffles with police. cutting back ties with russia response office envoys beaten by security forces in doha apparently after kremlin criticism of its u.s. stance on the arab spring revolutions. on the road to ruin the entire eurozone credit ratings are on the block as they does make a beeline to brussels for a last ditch attempt to salvage the currency. and in the business bulletin the russian markets are in the red following in asia. find out what's on the indices in

about twenty minutes. and online twenty four hours a day you're watching r.t. with the final results of russia's parliamentary elections still due the overall picture of a brand new board of lawmakers is already clear united russia party has secured the lead but the ruling group is seeing a significant drop in popularity. reports. with almost one hundred percent of the votes counted the party has garnered just under fifty percent of the vote the communists came in second but third place by russia with liberal democrats on the board to police the three of the parties failed to get the required week per cent of the votes needed to get seats in the duma now though not

yet final but the results indicate that the party which has crushing the dominee to the country's politics for years now is on track to lose its two thirds majority in the duma for comparison in the two thousand and seven elections united russia got sixty four percent of the boat and now it failed to get the constitutional majority and also it didn't get that all important fifty percent mark which is the so-called psychological barrier to say the top of the country is on the side with you that means that the ruling party will come to learn to find compromises with other political forces in the country and maybe home i probably should with that and not the policy or even qualities that united russia still bra's have already said that they're willing to form coalitions in this studio you know while on monday evening in mosco several thousand protesters took to the streets and beyond to their frustration with the duma vote police say that between seven hundred to two

thousand people took part in the rally and down like the rightness of this kind it was sanctioned by the authorities protesters chanted we need new elections russia without revolution shame police did not interfere in the rally but when hundreds of protesters want along with the rally throughout the city at attempted to disrupt traffic they faced police cordons it resulted in hundreds of arrests a similar situation wasn't sent because birth while many of those protesting rallied in favor of the sabbat opposition party while others suppose the election as a whole. also and more school on monday that was the pro united russia rally organized by the party supporters and that really want along smoothly without incidents well meanwhile several international observers who watched the election process claimed that there had been violations that back to the values of the vote while others say

that those violations were insignificant and that the vote in general was transparent and objective of president vision very upset that any accusations of electoral fraud would be investigated by russian law enforcement and but those found guilty of any infringements would be prosecuted to the fullest extent. of their eaglehawk love from the institute of world economy and international relations believes the moscow protesters deliberately flouted public order was not to get attention the position was given the best square in downtown moscow even if the place they were given was better than the place of the supporters of the. russian the problem was that they wanted a block of the traffic in downtown moscow which is a very congested walk to. the election commission probably the federal security service which absolutely paralyzes the congested traffic in downtown mosque where

they were refused to do this because it was not it was not permitted by the city officials the radio was to make a show of conflict with police and of course riot police had to stop it. or russian journalist vans a source says when opposition groups start stirring up street trouble political mayhem can follow. the opposition has shown itself and these are many disparate groups and actually some of the most charismatic quite scary so what we see is not only the rise of street politics but also. the segmentation of difference of a positional forces because from what i see from on you tube and other social networks people react. sometimes. in a negative way to what is happening because. you know street politics. sometimes

you really scary and i think that russia's conservative public can read the beginning of sort of street politics as a sign that they should mobilize finally behind the leader. but we're helping you keep track of developments in russia's parliament you actually get the latest facts and figures and analysis on our web site r.t. dot com. companies now in the us time is almost up so says one of the big three credit rating agencies as it prepares for a mass euro zone debt downgrade standard and poor's announcement shook international markets with investors cutting and running a new pin holdings especially worrying for them this time is that he germany seen as the nice backbone isn't being spent the agency justified its decision my

pointing out the blogs consistent pay to stem its debts ms nations on that bond interest rate that when all is not yet lost when you need a scanner in brussels on thursday what's expected to be their last chance to come up with a definitive solution parties test australia has this report. the years of crisis has been good fodder for cartoonists but it's no laughing matter for major rescue packages numerous and popular sturdy measures two years and hundreds of billions of euros in bailouts later it's still in need of a shot for that elusive big bazooka solution hopes are high that december ninth e.u. summit will finally be a decisive day for the future german chancellor angela merkel is pushing for a treaty change with a fiscal union as the end goal she wants brussels to have veto powers over national budget plans that breach e.u. limits automatic sanctions for debt violators

a date court for repeat offenders. in a word merkel wants to impose discipline french president nicolas sarkozy is generally on the same page but is resisting giving more powers to brussels whoever pays the piper gets to call the june germany pace we've all of you in the euro zone want to keep the single currency you must be prepared for that you must be prepared for giving up your fiscal sovereignty perhaps maybe you can even save some public money by this holding your national finance ministries but this german m.e.p. begs to differ but what is the sovereignty for germany at the moment paying billions and billions of risk there's no sovereignty we are forced to do this because the euro is with reality so basically regaining sovereignty by sharing it on the european level is what the whole operation is about. while germany may be for greater fiscal integration it's dead set against the euro bond idea or euro

country sharing debt and idea pushed by the european commission albeit renaming it stability bonds in effect italy's debt interest rates for example would go down from its worrying six to seven percent level while germany's would go up merkel's response. it's a resounding no germany won't let the deficit sinners off the hook by taking on their debt if sarkozy ever got his way he'd like the european central bank to act as a lender of last resort but again merkel said no she won't let the e.c.b. swoop in to save the day at least not until countries learn to keep their finances in check but it's widely seen that the e.c.b. will have to expand its role one way or another and is already considering it and what of other e.u. members who don't use the euro the idea of a two tier europe or the euro zone and the rest doesn't sit well with a major economy like the u.k. . actually it's important that the euro is successful because

a lot of our trade depends on it but on the other hand to us if there's a group a central group which are in the euro as another group which is not who makes up the rules which control the single market it appears that any plan agreed upon will have to have germany's backing all merkel dismissed the idea of germany dominating europe as absurd although that's how it's increasingly being perceived for better or for worse. r.t. brussels from the onset of the euro crisis discussions have been right about who's to blame for the reckless borrowing that started it all from populist leaders to profit addicted banks if you have escaped having the finger pointed at the british you in. these the responsibility lies squarely with person belin. the first people to break the rules i think was in two thousand and three with the french and the germans by breaking the maastricht treaty sixty percent of g.d.p. rule so they've been breaking the rules everybody's be breaking the rules they

continue to break the rules so the whole thing is a complete shambles and they're trying to strap sell a tape all over it but it's not working for thing it we are now what we're seeing the end game it's over if the euro had been a horse they would have shot it under professional economists i've been thirty five years of professional economists this isn't about politics this is a bit about economics and i've never known in the history of the world politics beat economics water doesn't flow uphill last long and short of it forget my politics it doesn't really matter the long and short of it is this project is doomed to failure it was always tuned to failure and moreover i would have the people responsible i would have them arraigned i would have a fiscal crimes tribunals i would like to see some of these people sent to prison. various admitted attempts in europe to harmonize its finances market on a rollercoaster ride but some international investors are making record profits from the chaos but i think so that among the discussions in today's kaiser report

coming up about twenty minutes time. breaks the law they change the law if the government is failing to do what they were elected to do they change the definition of what it is they're supposed to be doing or they change the statistics that they are reporting to somehow reflect them in a better light because this is how in fact they make money they probe the globe's financial orifices and they root out all the detritus that they find there as call lateral for five hundred trillion dollars worth of anus collateralized j.p. morgan strength or bonds which are the basis for jamie diamond's christmas bonus. well russia is scaling back its relations with qatar following an attack on its

envoy in doha you salt is being linked to moscow's criticism against the times u.s. backed position on the unrest in syria is going to chicken reports with washington's weight behind it qatar feels it can get away with almost anything. a small country with gigantic ambitions qatar with a population of less than two million people embarks on an aggressive plan to shape the air war old playing tune with washington's policies in the region could target gain diplomatic weight it never had before they could tyreese feel as if they've got enormous backing and that they've become sort of larger than life as a factor in the politics of the region they're currently the chairman of the arab league and they've used that position to press for the most aggressive kind of action against syria tart became the first gulf nation to close its embassy in

syria in july qatar is also reportedly funneling syrian rebels with weapons as it did in libya. the country's cheerleading rolling revolutions in the middle east and north africa has earned qatar cheers and applause in the west coast or is not only supportive diplomatically but it's also support of the military. partnership between our two countries is a model everyone's beginning to notice the u.s. went from once branding the qatar funded al-jazeera a terrorist channel to openly praising al-jazeera al-jazeera has played a key and leading role but qatar has come under increasing criticism from russia for its aggressive involvement in the affairs of other countries in the region last week a daughter airport the russian ambassador to qatar with two other russian embassy officials were physically assaulted by qatari costumes and security officers when

they made an attempt to confiscate the russian's diplomatic bag because of the incident moscow has downgraded formal relations with qatar but get a sense that anything that they do to really stick a finger. in the eye of russia or any of the other bric countries will be applauded in certain circles in the west been rewarded so yeah i think it's all of it's all about that sense that you know they're in the front and russia is not fooling you around this syria issue these it and took place on the same day as russia's foreign ministry criticized qatar for supplying weapons to levy and rebels in violation of a un arms embargo the us which has a military base in the country has qataris full backing for its ventures in the region with syria now in play washington is betting high on doha qatar has been put forward as the arab face on this bullying operation

tiny qatar empowered by the u.s. is now playing big striving to shape the turbulent region and its favor the incident at the airport with russian diplomats shows what happens when someone gets in their way i'm going to check out reporting from washington r.t. . but meanwhile hawkish lawmakers in washington are calling for a review of relations with another pakistan they accuse them about of supporting terrorist organizations following its freezing corporation that was triggered by a deadly nato attack on pakistan's border foreign policy on this one in. the fucking stone by the wayside. i think what's happened is that the united states has made some decisions about its strategy in the region both in central asia and in the south in south asia that essentially is going to cut pakistan out of the formula and i don't think united states cure is very much what's going

to happen after withdraws its troops in two thousand and fourteen and i think they would rather not withdraw their troops which is the nub of the problem because just on november second russia china iran and pakistan had a meeting in istanbul which they all agreed that they would pressure the united states not to leave troops in afghanistan and i find it very difficult to imagine it is fallout in relations between pakistan and the united states is not somehow try to that position. another area of u.s. interest is also facing increasing diplomatic isolation iran is warning against washington back sanctions over its nuclear program which will target its on exports it says they may more than double fuel prices to be from the national iranian american council such sun still who only called really struggling western economies . these are saying that. this is the sponsors that actually acknowledge ok this is

going to raise gas prices a little bit here in the u.s. it might you know take away some jobs here in the u.s. but it's so important that we need to do it even though we've never seen these sanctions actually work meanwhile in europe they've talked about imposing similar sanctions actually imposing an embargo on iranian oil exports so that europe wouldn't be able to purchase those and it looked like they were going to go through with it and tell spain italy greece said now hold on we're teetering right now if you actually raise gas prices here if you cut off our oil imports from iran we're going to go under that's going to create far more damage. than we could expect from actually pursuing a different course with iran focused on a way out of this sort of escalating confrontation. and more towards diplomacy than just pressure for pressures sake at the heart of the e.u. there is one place that's been struggling to achieve a much talked about unity and to belgium finally has a new government after

a record breaking time engine in two days of political deadlock selflessly that will take charge of the new coalition which will have to sort out reforms and cuts to patch up belgium's doing economy but the us government quit in april twenty ten off the result internal disputes. a series of bomb blasts of torn through crowds of pilgrims in central iraq killing up to thirty three people mostly women and children more than eighty others were injured as they gathered during a religious festival the violence comes amid concerns over the future of iraqi security once nato withdraws its troops in a couple of weeks time. ivory coast's deposed president has appeared in the hague on war crimes charges on bad plans the country to civil war after refusing to accept defeat in last year's elections resulting in around three thousand deaths widely accepted when a venture took power after french and u.n.

forces moved in but there was flown to the netherlands last week is the first ever x. head of state to appear at the trial. but at the news whenever he wanted r.t. dot com including an early breakdown the voyage of russian. mover is over before it really started two hundred million dollars per person group group begins breaking up after being stuck for a month trying to believe that. the huge final eight ferraris to the say this in love again are written off what's thought to be the world's cost this car crash thankfully no serious injuries but the footage online at r.t. dot com. latest

business news with the. it's twenty minutes past the hour you're watching business on r.t.e. the new russian parliament has been chosen but many of the challenges remain the same a number of these a long term project such as building infrastructure privatization due to changes in the constitution this do more will set for five years rather than four then errors from business new europe thinks the extra time will help get things done. all of the problems that russia faces have to do with long term planning and you know massive amounts of reform rebuilding restructuring investment what have you and this sense it's not like a western democracy and so given that what needs to be done is actually pretty obvious i mean you need to invest in the education system you need to invest into infrastructure to power to rails transport you know all these things it's very

obvious what needs to be done and so in that sense having a government that's in power a little bit longer which can concentrate in the job and hands is probably a positive thing. with any parliament now formed many in russia waiting for the privatisation programme to get back on the priority list bruce bowler from verna capital says the government has done a good job so far and encouraging investors to inject some cash into state owned companies. the government for several years has been making an effort to improve transparency and to improve governance soon companies but now you're actually seeing the fruits of that effort so last last week when goes from announced its students were higher than expected of you know almost two hundred billion rubles that goes from as dividend yield of almost five percent that's higher than exxon that's higher than chevron and so that's an open and petrobras successor so the government is actually taking you know very dramatic steps to pay you to be

a minority shareholder and then you see increasing transparency in dividend payouts from a host of other student companies so you know the general story is that the government's efforts to improve governance among student companies are now rewarding you substantially as a minority shareholder so that's you know what we keep an eye on. and let's have a look at the markets now crude prices are in the red as the euro retreats against the dollar that's up to standard and poor's placed fifteen euro zone economies on the watch list for a possible downgrade in the next three months light sweet as currently trading at just under one hundred one dollars a barrel brant is at one hundred nine and a half it's. asian in the season widening their losses in the wake of the us and p. warning gail and hong kong are losing roughly one and a third of a percent each banking stocks are among the main losers in hong kong h.s.b.c. is in the red after the lender received a large fine by the u.k.

regulators over the sale of some securities to the elderly marking the general trend there tokyo listed shares of citi group they rallied five percent tracking citigroup's have to games on wall street overnight. the russian markets are lower in the second hour of trade in sympathy with asia the r.t.s. is shedding just under one and third of a percent there my sex is down. three quarters of a percent. now let's have a look at some individual share moves on the my sex most energy majors and down amid weaker crude with gazprom losing point six percent financials are also under pressure with the t.v. bank down more than one percent bucking the trend this port is gold as precious metal stocks are often used as a safe haven in times of uncertainty. russia's biggest mobile phone a retailer euro set is planning to buy one of its main rivals all telecom commerce

on daily says this seventy million dollars deal would help euro set out of five hundred twenty is forster's chain the total number of its outlets would then top five thousand. russia's insurance companies seem to be resilient against the global economic downturn research by consultants all over wyman shows that most insurers expect their businesses to have grown thirteen percent this year and up to twenty percent next year they also forecast more consolidation as a result of the new capital requirements reducing the overall number of entrants firms from more than five hundred eighty to about two hundred with for years. the global gambling industry is seeing robust growth despite economic uncertainties are set to rocket by more than nine percent annually for the next four years pricewaterhouse coopers predicts higher roller market revenues to grow from last

year's one hundred eighteen billion dollars to one hundred eighty three billion and twenty fifteen they also expect the asia pacific to run the revenues of the biggest gambling market the united states in just two years russia though was mostly set aside from the industry due to strict legislation. that's all the latest from the business team but you can always find a lot more stories there online for you any time at r t the com slash business.

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