hold free both your video for your media project free media r.t. dot com. a rebellion within the e.u. is britain de rails hopes for a unified effort to save the common currency in three other states say they need time to the song. german chancellor angela merkel claims parts of the deal have been a breakthrough but you commissioner said that it is unfortunate that not everyone backs it more coming from brussels. israeli missiles rained down on everything militants been hitting civilians the most for months ago elation of violence in the. post-election protests in russia make some western out

with hate over russia not prizing the sentiment comes to a decade today. despite a positive subsegments all over the stock markets around the world the russian nosedives would be all c.e.o.'s down four percent of the end of friday's session all the latest analysis for you and twenty minutes on. a very warm welcome to this is our see live from moscow the year as future has been dealt a severe blow to eleventh hour talks in brussels with the u.k. refused to sign up to new treaties leaving the rest of europe to figure out a different approach than talks mean the core euro zone states will now make any further agreements among themselves while the european countries can still join in to work out budget rules and changes when it's cross live now to brussels we're all still sitting standing by for us tessa britain is now the only country that's given

a decisive no so how are the other leaders trying to work together. that's right to the u.k. is the only country who's not on board this agreement at least not completely the only country that said no so what we're going to see now is a two speed europe basically those that are on board the franco german plan of imposing a rules more fiscal integration and more supervision and those who aren't and basically and that it's the u.k. if the scoreboard right now is seventeen plus six you've got the seventeen countries plus six of the non euro countries saying yes you have three saying maybe sweden czech republic and hungary saying well we'll consult our problem first and get back to you but again it's the u.k. who has said no. merkel had said that this is actually a breakthrough well coming in here she actually got what she had wanted she had wanted all those changes the fiscal integration this fiscal union this tighter

regulation she got what she wanted but david cameron coming in here he had already said that if britain does not get the guarantees that it needs to protect its of the city of london basically its financial markets then it is not is not going to go on board and that's exactly what we are seeing happen in some words being exchanged there. was a french president actually said in terms of a camera and you can choose not to be in the euro and then complain that you're being left out all of merkel said that i don't think cameron was with us ever with us at the table although david cameron did say that he still hopes that the euro will be a success and. also threatening that if he may block in the future the use of institutions again it undermines. business so what is next now we have the treaty they would have to hammer out the details you commissioner but also had said it would have been less of a headache if everyone had agreed but now that the u.k. is not on board with the may have to go through some other legal channels they will

have to reconsider draft the details they have to and that you have yet to announce that. so it would have been better if all twenty seven on board but that's not the case so we're waiting for them to write it or prove it and the deadline is march two thousand and twelve but despite that you can. say for breakthrough but what does that really mean for the year of the currency at this point all depends who you talk to actually the crowds here would say that the credibility of the euro has been regained they're very happy with the speed with which this agreement has been reached they will save the euro is going in the right direction considering that the lisbon treaty to eight years to negotiate and now you have at least twenty six a possibility of twenty six intergovernmental approval here however euro skeptics are still saying this is probably not the right answer what are countries like italy spain and greece still doing in the euro is do their economies match the euro

at this point and will democratic processes be sacrifice or another question is how are these leaders going to present this new plan to their electorate having seen already a steady measures but again here in brussels the question being asked is is the crisis over and the answer we're getting from leaders is we don't know and another question is is the euro safe now at this point and the most conclusive answer is we hope so. talk talk and more talk when the politicians know it. and they'll believe the more because we did not live up to a woman. yet another d.-day for the euro another big question mark 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 you know but even if changes get through it wouldn't change anything you

will never solve this problem as long as these currencies. these countries are within a currency that doesn't fit their economy this is what all the fuss is about the euro that's what's backers of represents the three big grand idea of a single currency what some would call the united states of europe but now the problems have become simply to do with more question before us 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 euro even worth saving some say yes the alternative existence has 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 firmly 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 now if i knew also that i'd be a wise man tesser cilia r.t. brussels. let's get more on this now might have it up is that he said nick will make now would be to have decided to opt out are we seeing what suckers he's been warning out of two speed europe and if so what are the dangers that the dangers are it makes life much more complicated in europe you've got one huge group which wants to do things one way and on the very edge got one country possibly a couple more who want to do things in a slightly different way now if the euro zone wants to impose all sorts of new rules it needs ways in which to administer those rules and that's probably the best

ways to use the existing structures in brussels except they belong to the e.u. and countries like britain possibly hungry in the czech republic we want them to use those institutions to deal with their business and we've had a bit of a turnaround for the last eighteen from previously giving in a phatic no hungry is actually now asked for more decision time do you think it's like that we might see countries now like hungry as sweden and the czech republic coming on board with brussels there's a huge amount of pressure on them to do so i mean you can see how much they made cameron sweat and cameron's got a big economy behind him lots of people in the e.u. for quite a long time. the problem for countries like hungry in the czech republic is this small a huge load on the european union they need to be there so they can't be seen as too peripheral they can't be seen as blocking what the majority want to do or voting on the currency now do you think this new agreement will actually be enough to save the year. i think it's

a little bit trying to redesign the titanic as it's hitting the iceberg it's the wrong time you know you really wouldn't want to be starting from here they have huge amounts to do all of those negotiations just in brussels really didn't make much substantial change to the structure of how they're going to rescue the euro they've set themselves up with a process to do so not everybody is going to go along with it but it's still going to work out all the details who's going to do what the deficit is going to be how you're going to correct the structural problems in europe and it remains to be seen whether they can do that and that is what will save the euro because one of the details that these new agreements allow brussels to weild of the measures a variety of countries within the zone how do you think that that's going to go down in practice but it's not i mean it's they get to control their budgets i mean this goes to the very heart of what your your sovereignty is the people of europe of in no sense being consulted on whether they want to be in

a federal law as do europe they will lose sovereignty. and we've seen mass demonstrations riots across the continent. on the basis of the austerity measures they've they've set down but at least they had some hope that they could then change those policies through the ballot box. this will be taken away from them and one way to gauge reaction always as an aside from the protests that you mention is is how the markets are doing and they happen just for a week now over this lack of unity what are they we're going to see over the next twenty four hours. really responded with a fairly typical fashion so far they've been rallying today in europe. as time goes on they will probably start to reconsider this is what's happened in the past and they start to think it's not quite what it's cracked up to be where are the arts as we've been looking for them in those talks so often the market will start applying more pressure on them to come up with concrete solutions and we'll have more on that in about six minutes on the business program day well again it

will business that is in many places. ok well there's been a sharp escalation in violence now in the middle east with their israeli bombs when you down on gaza at least one palestinian civilian was killed and twenty five wounded most of them women and children televisa is stepping up its assault on the hamas militants but as paula skinner reports the campaigns pretty more innocent lives in the firing line. 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 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 there were five because some rockets or grad missiles fired on southern israel the south of israel is in a state of high in the 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 hamas that it's ordered its operatives to keep a low profile certainly 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 and now the israelis for various sides have also by targeting these two high ranking palestinian officials and this is a strike those days resumed what seems to be a policy of targeted killings because certainly 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 it was just several weeks ago that israel released more than a thousand pounds. in prison as 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 the coming more fluid all of this does set the scene for a real showdown. or vesa honey albus use of the islamic university of gossip unease israel simply has no respect for international. has been targeting the got

a straight a 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 don't 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 it's not. 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 saying 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 there has been a calm and a truce between palestinian factions and there's really a side what come to the is. there is rated military will keep its own action against the gaza strip and this would lead to more violence.

this our western media is slow on the uptake like the last day of political values to the arab spring and later married to russian security concerns over the alliance has proposed missile shield to get the latest from the analysts on the situation. russia's parliamentary elections have been topping headlines in the west and some day some news outlets of even protests that have been taking place russia's arab spring but now in our reports for how the comparison is twenty years too late. to your sky. us senator john mccain tweets dear vlad the arab spring coming to a neighborhood near you but is it seems russia's so-called slavic spring came and went twenty years ago. mccain and hillary clinton really would like this to happen

and 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 you'll happen. there we're talking here like pro chance during the collapse of the soviet union hundreds of thousands were out on the streets. people who actually. hold always in line to these 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 this though it 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 saw 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 to here 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 no mustn't to egypt but 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's now r.t. moscow. confidential. independent and all this. to discredit the polls results published by

a russian news website like news correspondents describes payment to its reporting . as one of the lasses is from the u.s. state department praising the associations what promising for the supposed climate for. the triggering protests in russia holding the elections wearing heels they want foreign powers against putting into the country's political life the watch dogs dealings on our website so called. now also on the highway to get in-depth analysis and opinion pieces on russia's election. the statement from the u.s. secretary of state risk up that of the recession relations with russia all say see how one american news channel government protests today. to be right when boarding a flight in the u.s. that's off the f.b.i. reviewed his definition of crime all that and much more all on. the movie.

is it. the official delegation. talk. radio. long old girl. an. apology. now nato is refusing to address russia's security concerns on the thorny issue of

european missile defense that's moscow's conclusion after talks with the alliance in brussels foreign minister sergei lavrov says the u.s. led plan is a great cooperate and the shield nato is deploying antiballistic system near the borders with russia which moscow sees as a threat to its national security the alliances rebuffed kremlin requests to guarantee it poses no danger washington claims the shield is aimed at iran and north korea but are seen as been hearing from analysts who doubt that there is not 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 annihilation 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 way 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. some wild things in brief you know how they sound and india police have arrested six hospital officials on charges of comparable homicide after a deadly fire killed eighty nine people hospital staff are accused of abandoning patients and fleeing when a blaze broke out most of the victims are said to have died from smoke inhalation in two firefighters five hours to bring the situation under control the fire started in the basement where flammable materials were being stored. a roadside bomb has wounded at least five u.n. peacekeepers in southern lebanon the blast occurred in the city of tire with local

media claiming a french or a patrol was the target there have been several attacks on peacekeepers in lebanon since the summer including last month's bomb explosion at a hotel used by u.n. staff. a gunman who killed a police officer at a us university carpark on thursday has reportedly been found dead police say they still have no motive behind the cop killing which happened during a routine traffic stop when the attacker walked up and killed a policeman before fleeing virginia tech as the start of one of america's worst ever deadly rampages two thousand and seven a student has thirty two people before killing himself. three paramilitary troops have been killed and several injured in a roadside bomb blast in southwestern pakistan officials say the device which contained around five kilos of explosives was planted close to a nearby military camp no one's yet been responsible for the attack. and with the festive period rapidly approaching it's time to get your skates on the moscow our

teams feeling pretty slim. hello and welcome on this week's program we'll be taking a look at various activities you can enjoy over the festive period that's right christmas is just a few weeks away and there's a real much in moscow over the new year period i would bet it to start off with good old iceskating here on rights. to join the moscow team next hour and also coming up seeing crosstalk debates the

past and the future of the arab league before the latest going to saute which meant tree. thanks alice there's an east west divide on the markets today in europe and the u.s. equities are up as well to you some that we saw a majority of the block commit themselves to tighter fiscal rules to save the euro here in russia a completely different picture the markets are sharply down also seems to be for political reasons we'll be hearing about that in just a moment first sake of those figures as sell off on both the anti s. and m i six intensified the fruit of these sessions take a look at those figures if we can both forces of more than four percent the artistic lining four point three four point one percent oil majors are down amid cheaper crude with rosneft and lukoil down four and a half percent because financials were also under pressure as per bag losing four point two percent its net profit came out almost double what it was before in the

eleven months of the year reaching nine and a half billion dollars according to russian accounting standards now while prices weren't helping very much light sweet is now down twelve cents brant is up by just a notch still not the levels that we've seen earlier this week europe is positive this hour twenty three members of the e.u. have agreed to form a new fiscal compact to rein in their deficits and there's also been the offer of more support for the most indebted nations and finally take a look at what's happening in the u.s. stocks they're also positive financial stocks are driving the gains on the dow let's get more now from our business analyst daniel bushell close you value the russian market seems to be ignoring the optimism coming from europe now what is it that subsetting investors over the years up to thirty thousand people joining tomorrow's protests rally against alleged fraud in sunday's parliamentary elections that has investors worried pretty much about growing instability in the country we could have a look at the earth years which yesterday began with slow it for many. rose and

then we saw a short drops into the afternoon and then we can see today that was continuing with a very short drops particularly in the morning euro zone turbulence is also affecting investor confidence and trade some traders are saying this thing else until they get a clearer picture of how the whole thing pans out we see two scenarios next week if the protests turned violent then we do expect the slide to continue but if the rallies do peter out and nothing of significance happens then we can expect a significant rebound next week all right daniel thanks so much. twenty eleven hasn't been the best in terms of mergers and acquisitions in russia with values far below those seen during the peak in two thousand and seven but global bankers predict that could pick up next year with consolidation at home and firms looking for bargains abroad. 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 to consolidate in order to have both the required capital given some large regulatory searches movement about all truth and hopefully 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 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. now the news ukraine says it's making the russian ruble a reserve currency from next year a national bank announcement cements growing and historical ties with moscow on tuesday ukraine signed a deal to pay in rubles for russian. travelers to russia may no longer be able to buy duty free alcohol at the border shops and not able to meet new rules on keeping

it in warehouses due to tight controls of and seaports this could be a big hit for duty free stores as revenues from drinks make up to forty percent of their sales and leave exactly a joint venture between china's thunder sky and russian nanotechnology corporation has launched the world's biggest lithium battery plant in siberia now this project is worth four hundred million dollars and will be providing power units for electric cars buses and other green technologies it's expected to take up to a fifteen percent share of the world's battery market by twenty fifty. that's all we have for you for now we will be back next hour with an update you join me if you can.

culture is that so much going on there's a huge music history and finding the right from the mark of an 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. of. the book. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to corporations are all today the be. wealthy british style the sun.