break through or break i'll be use financial fractures and a bear in the eleventh hour talks to save the euro. first size of cracks in the summit a summary e.u. leaders refuse to come on board to find a solution to the a year or so the debt crisis will join me for more here in brussels. israel on the issues a series of airstrikes on gaza that's all going militants but causing civilian casualties. at least three palestinians have been killed in several dozen wounded in the latest wave of violence the worst in several weeks more from tel aviv in just a few minutes. c n n a western media is quick to equate russia's post-election rallies

with the arab world turmoil as moscow says it's you know the flow and al today. there's an east and west divide going on today is down while russia is europe is out while russia is down what do you have coming up in twenty minutes in the business but it's a. very warm welcome to you this is live from moscow it's d.-day for the euro with intense talks among leaders in brussels suffering its first setback britain and hungary refused to accept treaty changes leaving the rest of the club to work out their own currency saving solutions apostles' correspondent has asked syria has more. marathon and i think it's still to come as they continue with their talks in the

scoreboard right now is seventeen plus six that means the seventeen a euro zone countries plus six of the navi euro members are for this accord they say they will come up with a fiscal compact fiscal agreement however britain and hungary have refused to come on board and it's sweden and the czech republic said they will have to consult their problem it's a clearly no a single unified agreement yet to but coming into this this was rather expected i mean considering the last negotiation of the original lisbon treaty it took eight years to come up with an agreement on that so coming into this the leaders had to have a backup plan merkel and sarkozy has said if they can't get the twenty seven members they will push through with the seventeen and now they've got seventeen plus six anything that is implemented now or that is agreed upon now it will take effect sometime in march next year so that will still be a few months before these changes can actually be seen and as for the changes it's

the same as what they've been reiterating coming into this summit stricter rules more punishment for those deficits and if we we remember italy and greece are still part of this new accord which means those countries will still be taking more cuts will be still be suffering from the budget the tightening that the e.u. is imposing on them i talk to a lot of the experts here for both sides the euro skeptics and the euro krauts it seems that the opinions are not different not just coming from both sides but are increasingly polarized so they're getting stronger on their stand and it's clear that. the one direction that the year is going to take is still. talk more talk with the politicians know it. alone and not believe the more because we did not live up to a word. yet another d.-day for the euro another big question mark hangs over brussels do years and politicians have what it takes to hit the euro crisis nail on

the head once and for all the diagnoses is that the euro which should inspire confidence is not inspiring this confidence if there is no deal on friday there will be no second chance. and this time germany and france are not taking any chances it's either tough love board nothing they want a treaty to pave the way for a fiscal union that will bind the euro countries closer and force the nationally unhealthy economies to get their act together tougher punishment for deficit sinners and no matter how tough the rules the question is will they change anything implement proposals are not talking about that will find a country for failing to it here to new road rules about debt and deficit well you're basically taking a country that's bankrupt and you'll say well we're going to follow you. yet even some skeptics acknowledge that a common currency system does have its good points it is an instrument instrument

is only as good as the way that you use it and ability it has to do things we have to rethink the old system merkel and sarkozy know it's a race against time but even if changes get through these hurdles once again you know would it change anything so it would never solve this problem as well as these currencies. these countries with the currency that doesn't fit their economy this is what all the fuss is about the euro that's what's backers it represents and for me the grand idea of a single currency or what some would call the united states of europe but now with the problems of becoming simply too big to ignore the question being asked is are they also too big to solve the possibility of a euro collapse is now an actual threat and here's another question is the year. even worth saving some say yes the alternative existence is a possibility that we're to break down but i think a lot of or most policymakers most citizens at large rapidly see that the breakdown

will be more expensive than maintaining what we have today and to make the to undertake the necessary structural changes some say no it was always going to end it was pretty clear there was always going to end in disaster with very very bad effects even for those countries which are not members of it and the blame for that should be laid fairly and clearly with the european political establishment whose obsessive pursuit of a united states of europe has got us into this mess and if the eurozone does survive what will it look like economically and politically if i knew also that i'd be a wise man just so silly r t brussels. british and nigel ferrars told us that purging the euro is a new way to bring about an end to the crisis. the word solve implies that there is some easy solution to hand there isn't the euro was

a misconstruction countries like greece and portugal should never have joined it in the first place and by increasing the size of bailout farms by taking more power from democratic nation states the center does nothing to address the fundamental problem that greece and germany cannot live together inside a single economic and monetary union if we were to put this you're a package to the electorates of greece portugal ireland italy spain they would all say no because you know the better solution is to have their own currencies back to have a successful competitive devaluation and then and only then to put in place the kind of austerity measures that are needed to get their borrowing back under any sort of control i really these countries now find themselves these electorates find themselves trapped inside an economic prison that is called the euro their democracy has been stripped from them and my fear is that the kind of civil

disobedience and civil disorder that you've already seen on the streets of greece will multiply. and the financial fallout is also being felt across the island because r.t. reports mater the day. found of the occupy protests is in some believe there are on the cards again armed only with head and heart but. now the latest israeli bombing of gaza have left at least one palestinian civilian dead and dozens tell of even stepping up its assault on hamas militants but the campaign is putting more innocent lives in the firing line on his police there have the latest from israel. early this morning friday at least three israeli airstrikes targeted a hamas training camp in the gaza strip now in some of the shrapnel from one of those bombs that hit nearby homes at least one palestinian civilian was killed and some thirteen have been injured most of them women and children this follows an

israeli airstrike last night thursday in which two high ranking palestinian militants were killed while traveling in a car in a crowded area in gaza city that was the first israeli strike in a concentrated area since the israeli gaza border back in two thousand and eight two thousand and nine now the palestinians have responded with a barrage of rockets that were five because some rockets and grad missiles fired on southern israel the south of israel is in a state of high alert residents have been ordered to remain near a bomb shelters throughout the course of today and this comes as various faction groups in the gaza strip point for increased revenge attacks against israel we also are hearing from him us that it's ordered its operatives to keep a low profile city and this is the most dramatic escalation of violence that we've seen between israel and gaza in civil weeks now with the israelis accusing the gazans the gazans accusing the israelis and the scene does seem to be suited for a return to violence the israeli palestinian peace talks have yet again stored

despite international pressure and largely over the issue of israeli settlement building like we witnessing from tel aviv is an increase in settlement construction so much so that the united states which is israel's closest ally has actually criticized the israeli government for its moves in this direction now the israelis for the side have also by targeting these two high ranking palestinian officials and there's a strike there is day resumed what seems to be a policy of targeted killings because he hasn't been any kind of targeted killings since two thousand and ten and this is causing many to say that there's an inconsistency in the israeli policy of his. several weeks ago that is released more than a thousand palestinian prisoners in a prisoner exchange deal with hamas now we witnessing it once again targeting militants at the same time we're hearing from various human rights groups that they particularly concerned that the israelis are again putting civilians in the firing

line the relationship in the region is becoming more fluid all of this does set the scene for a real showdown professor honey alba says of the islamic university of gaza says israel like killed palestinians with their respect for international law. has been targeting the gaza strip and many times for the boss many years it's i think it's a continuous policy of those where the army to keep the situation as it is to kill as much people as they can in the gaza strip. would like to try people the way they like this is not a way to deal with palestinians even if they were responsible for the killing of israelis if it's not i would to use it at all i think the israeli army has killed thousands of palestinian people and no one has convicted them their israeli side say and now they are trying to accuse somebody to justify their actions it's a justification i have to this morning which people trying to believe that there

has been a calm and draw between boston and factions and the israeli side what come to me is . that there is rated military will keep its own action against the gaza strip and this would lead to more violence. now coverage of russia's post-election rallies has been in sharp focus in the foreign media some even likening it to egypt's tahrir square protests but is anything now reports that moment at russia happened. dockery or. sky or. u.s. senator john mccain to eads dear vlad the arab spring coming to a neighborhood near you but is it seems russia so-called slavic spring came and went twenty years ago. mccain and hillary clinton really would like this to happen and if you see it in their relations to other countries where these revolutions

benefit the u.s. and of course they're pushing for this but don't think it will happen there we're talking here like protests during the collapse of the soviet union hundreds of thousands were out on the streets people. although. they will. get. most of the few thousand out on the streets of moscow after these elections look young enough to either not remember or be unable to compare some of the story is funny how it worked out the middle class that exists today does so because of the politics of this government if they rebuilt the country four years ago there was a much smaller middle class if any. a middle class egyptians would dream of its revolution praised as democracy by the west so the military take over. we have only one demand that the military council and the army go back to their

barracks and start protecting the country they've demonstrated they're incapable of leading the country over the last nine months. the hooter's certainly proved twitter and facebook are fierce tools when planning protests some thirty thousand have already signed up for a moscow meet on the weekend but russia should have been a lesson to egypt to rebuild from scratch can take decades tens of thousands of young people are preparing to come out onto the streets and voice discontent and that means millions won't it's a safe bet many of them remember all too well the turbulent ninety's what chaos means for such a large country and aren't willing to go back and start over and he said now r t moscow. now secret emails to show in the u.s. state department discussing paying for information on the russian elections have been revealed russian news website life news obtained the correspondence with election walk goalless they showed washington that discussing payment for activists

who described voting violations and independent call us is backed by american and european from day one of the e-mails shows the u.s. state department praising the call as a promising move support has been vetted to saudi the reports of election violations before really investigated ballpark minister putin has warned foreign powers against meddling in the country's political facts. and we've got more on the leaked documents so you can judge for yourself out on our team dot com we also have details of the post-election protests in moscow along with video footage here's what else we have online today another cia prison in europe were made here is that makes its country to be revealed is hosting a facility used to torture america's terrorist suspects he reports online.

nato has reiterated its refusal to take russia's security concerns into account on the thorny issue of european missile defense that's moscow's conclusion after top level talks with the alliance in brussels foreign minister sergei lavrov says u.s. led bloc isn't prepared to cooperate on the shield nato is deploying an antiballistic system near the borders with russia which it regards as a threat the alliance has rebuffed kremlin requests to guarantee it poses no danger washington claims the shield aimed at rogue states like iran and we have been all t's been hearing from our lives we strongly doubt. there is no threat right now neither country has missiles that could carry nuclear weapons and only one of those countries has a nuclear weapon in the first place and also you what it would be very difficult to imagine a country of that size aiming a ballistic missile the united states because it would be like marking the country

for a while later with a big x. as a ballistic missile is ballistic that means you know where it came from we're using a defense that doesn't exist against an aggressor that this point doesn't exist the worst thing to look like is that you're weak on defense so if people say we could build a shield that some people said that why not do it that sort i think the idea is that political pressures at home if they don't continue to push that weight this administration will use it as weak and it doesn't want to be viewed as weak right now from a strategic perspective going into a national election. for some more world news now on earth first to a deadly fire in a hospital in eastern india has killed seventy three people mostly patients will start east of abandoning patients and fleeing when the fire broke out rescuers scramble to save those left behind saving most patients from succumbing to choke and smoke the gray started in the basement where family materials were being stored it took firefighters five hours to control the flames. were new

clashes in somalia between government forces and islamised insurgents have killed at least nine people hours of violence ended when militants withdrew from the capital which remains under government control the al shabaab group have been waging a five year insurgency against the state which they claim is correct in a campaign that's killed tens of thousands of civilians. an explosion has wounded seventy un peacekeepers in southern lebanon the blast occurred in the city of tire with local media claiming a friend to a patrol was the target have been several attacks on peacekeepers in lebanon since the summer. in last month's bomb explosion at a hotel used by u.n. staff. iranian state t.v. is showing footage of an american spy drone that officials claim was downed by the military last week the revolutionary guard says it was captured by electronic ambush and grounded near the afghan border around confirm six years ago that the

u.s. was sending surveillance craft to spy on its military and nuclear facilities the pentagon says iran is unlikely to recover data from the drug. i was in debt channel has more developments in iran and other stories from around the world. today. and these are the images the world seeing from the streets of canada. operations. policeman has been killed another four people injured in the north caucasus republic of dagestan it out happened on thursday when police officers arrived at

the site of a road accident and that call came under fire it's unclear who the attackers were therefore she's still working out the crime scene north caucasus region remains one of the ways volatile of the country in dagestan has been gripped by always daily violence between authorities and extremists. american anti corporate on keep my protesters in boston we've given them marching orders a few hours ago but the police on get to respond protested celebrated around midnight he said they did not need to move from their incumbent office this gave no indication of what action would take place elsewhere i believe a mass demonstration from d.c. arresting seventy of you by a campaign that can three month long fight against corporate excess which is where the thousands of arrests but many are determined to stick it out on. the occupy movement are facing not only pepper spray but things like the sound cannon the long

range acoustic device which can blast your cranium with one hundred forty decibels shaking your skull so hard even earplugs won't stop it this weapon has been tested on palestinians in the occupied west bank by the israeli army so civilians in the us are now up against basically military style policing and what's behind it is a mentality among our police forces our local police views common civilians protesters as common criminals are coming out saying crosstalk debates the paulson the future of the arab league next day and he says this is the. thank you alison as an east to west divide on the markets today in europe which is a full out softer the e.u. summit which saw a majority of the bloc commit themselves to tighter fiscal rules to save the year right but here in russia it sharply down that also seems to be for political

reasons we'll be hearing more about that in a minute but first have a look at the numbers the soul from both feel to us from the my six appears to be speeding up in the mid such a both forces are now down more than four percent as of a look at some individuals some reason why sex oil majors are down amid cheaper crude with both the roughnecks a new color around five percent in the red i find that jews are also under pressure for spears right down to one a half percent is net profit almost doubled in the first eleven months of the year reaching nine in all billion dollars to russian accounting standards. europe is a mix twenty three members of the e.u. have agreed to form a new fiscal compact to rein in the deficit there's also been more the offer of more support for the most indebted nations oil prices also lot these young light sweet is trading under ninety eight dollars

a barrel and brant is up over one hundred and seven dollars per barrel for analysis of the mall case that's close to the new bush show on the. well a dime you know now the russian market seem to be moving to the beat of their own drum and i don't know what exactly. is the protests russia doesn't have the culture of street protests that we see in places like france so news that there will be thirty thousand people potentially tomorrow that's a big gun to government rally in mosul really has investors worried we can see that from the charts of the altar. yesterday slumped and then we saw that continue this morning particularly there was a short slide down the moment the other big news of. this is the euro crisis euro stocks might be flat but russia tends to suffer more emerging markets tend to suffer more when there is a crisis around the world and we're seeing that that's at the moment there are truths no rules we see for next week one if the protests go off smoothly then we expect a show rebound positive reaction for the markets but if there is one and then we do

fear that the slide could continue thanks very much indeed for that don't you think the insights if you do want more business in this plenty more to come in albany's two thousand and eleven has not been the best and sounds of mergers and acquisitions in russia with values fall below that seen during the peak in two thousand and seven but global bank has been that could pick up next year with consolidation a hive of firms looking for ball gains. one would be in market consolidation so for example in the banking sector where you have thirteen fourteen hundred banks there is a need to consolidate in order to have both the required capital given some larger regulatory trends such as movement to basel two and openly basel three as well as the need to have sufficient liquidity to grow the balance sheet in market consolidation for some of the old economy sectors will continue second and we expect to see outward investment by russian companies and shareholders into europe

and the united states taking advantage of the situation in those markets to become more global in nature. russia's biggest investment companies have lost tens of millions of dollars in the third quarter due to the stock market collapse in august and september up they are just in the my six fell by eighteen percent and thirty percent respectively during the period of gold and servants of a state newspaper troika dialog losses exceeded one hundred million dollars in part because of a portfolio of evaluation at the end of the summer but wanted all the to be capital which invests in russia so losses of around sixty million dollars although some funds are down a lot that's up for the sins metropolit out on which maintained level balance sheets. and true of a list in russia may no longer be able to buy duty free booze in the boulder the shops are not able to meet new rules on keeping their old home warehouses due to

height control of air and sea falls this could be a big heavy duty free stalls as revenues from drink make up a full two percent of the. lights like a joint venture between china's thunder sky russians and nano technology corp has launched the walls biggest lithium battery plant is liberia the four hundred million dollars project will provide power units for electric cars buses and other green technologies is expected to take up to fifteen percent share of the world back to markets by two thousand and picked a. that's all from a finale join me in fifty five minutes for more business news. on. the.

move. just sleep. if.

i. was king of news and hope for many years the soviet system has faded away in less than twenty four hours that's below their sky push up the boom was below we acted in a true russian style we didn't know exactly what the future would bring that's what to think about later srini does come together and sign an agreement dissolving the u.s.s.r. for good jobs or to get rid of the so-called big brother that was always controlling them was. the dream of many republics are. that in the eyes of the people they put it like this i will liberate you from the kremlin oppression no one wants to take the blame but we would not be able to persuade gorbachev and besides these words could not be relied upon on him he could tell you anything and do something completely different function for numerous show for being too liberal and in the

sand boris yeltsin or i should have that was my mistake. this is the decisive in strict boris yeltsin that sucks in the kremlin instead of good stuff about time. then i don't think we have left elevator forest soaries of. two decades have passed but the discussion still ages was this applause or a fait accompli. culture is that so much of a given to a huge percentage share the power on the market the old organisation finding a new mission this is how the arab league is being described by some particularly when it comes to syria others are not so appreciative. download the official anti application to all i phone all i pod touch from the i choose apps to.