no thank you britain wishes that you're all the best and walks out on the deal aimed at saving the common currency making the dream of a united europe look more of an illusion. german chancellor angela merkel claims the parts of the deal have been a breakthrough while you commissioner barrasso has said it's unfortunate that not everyone was on board cutting more details from brussels it's. also in the program israeli missiles rained down on garza targeting militants but hitting civilians in the most dramatic escalation of violence in weeks. and the winner is the official

results of russia's parliamentary election to be announced shortly. hello you're watching our team from moscow i'm kevin eight pm here now and first this hour the euro's future is being dealt a severe blow at eleventh hour talks in brussels as the u.k. refused to sign up to new e.u. treaties leaving the rest of europe to figure out a different approach marathon overnight talks mean the core euro zone states will now make any further agreements among themselves while other european countries can still join in the work rules and changes let's get up to speed with this artie's test for a city is in brussels for us. so britain now the only country that's given a decisive know how are the other e.u. leaders playing to work next. well that's right it will give the decisions that came out well we're going to see is

a two speed europe essentially those who are on board the a franco german push for more fiscal integration stricter rules and harsher punishments more supervision and those who aren't now as it stands there are twenty three yeses maybe including sweden hungary and the czech republic you have to check with a problem once and get back with an answer and a note coming from the u.k. you know that no it's not very surprising because david cameron before getting into the summit had already said that if he doesn't get the guarantees that he needs to protect british interests the sticking point being the financial transactions tax and labor laws then he's going to use his veto to avoid that sweeping e.u. treaty that's exactly what happens in the u.k. is going it alone now from german chancellor angela merkel's point of view it is a breakthrough a success looking at what germany had wanted to achieve going into the summit and what they're getting out of it yes it would be fair to say that it is a success from their point of view and work also said that. the u.k. is concerned she didn't think david cameron was ever at the table with them to

begin with anyway well now the next step is how are they going to go about doing all of this this new agreement among the twenty six e.u. commissioner also had said it would have been less of a headache if all twenty seven were on board from a legal and institutional point of view but he also thinks it's a possibility that there could be an intergovernmental agreement among the twenty six provided that the three maybe become a yes but it will be interesting to see how these leaders will have to go home and present the plan to their citizens and explain to their people exactly how these plans will affect the ordinary guy on the street but as far as the e.u. is concerned the next step will be drafting that agreement hammering out the details approving it and their target deadline is march twenty. successful was the good of main fool the euro. is it all done and dusted there's a gold. fall from the from the. yeah well that's a big question is it what does it mean afford. the euro and really it depends on who you talk to because the euro crowds here would you would be considering the

successor saying that they're actually very glad at the speed with which this agreement had been reach or this plan had been reached considering that the lisbon treaty to eight years to negotiate so they're thinking it is saying that the credibility of the euro has been regained because of this plan on the other hand you're of skeptics are still voicing out their concern saying this this need for speed mean a sacrifice in democratic processes and what will it mean for countries like italy and greece who have already suffered cuts because of plans imposed by the e.u. so question still there and the big question that journalists have been asking leaders here is does it mean that the euro is saved now and the most conclusive answer we can get at this point is we hope so ok thanks for bringing us what you know there from brussels much appreciate it let's get some more comment now on the day's events talked to paul nuttall these u.k. m.e.p. joins us on the line from liverpool our studio in liverpool paul you can hear me or live on the international right now are good we can see you there what do you think

of david cameron his decision is leaving britain in isolation or safeguarding its national interests and sovereignty what do you think. i don't think david cameron have any choice to do what he did because firstly because all backbenchers would not allow him to sign a deal and secondly the british people wouldn't have allowed into the deal because if he did it with then put out a referendum and over come and look at the answer that he didn't want which would be that britain would leave the european union are britain isolated now well of course they're isolated because what will happen is that we will be in a minority of one it will be twenty six countries versus ourselves and falters all of the turn and i'm sure that merkel and sarkozy who pushes for this and it will be the city along with the faces the burden because what will happen no as you'll see directive after directive after directive which will be designed to harm the city a lot is in a mood for quite frankly really better assholes do you think that's going to be what you think the u.k. is going to do but further down the line after this huge decision today. well i

think coming in the short term will be seen as a fantastic euro skeptic but in the long term what will happen is that we will continue to be punished in the british people who will work out the fact that they are they're paying to be punished discussing this fifty million pounds a day to be members of this club and what will happen is that more and more legislation will be designed to harm britain and what david cameron has done last night or wittingly i hasten to add is to take britain further towards the exit door ok well it could be in the future let's look at the here and now twenty three years is three maybe's one no we know the no was one of the three maybe's was hungary at first it said no as well then it changed its stance to say it will think about it why do you think it changed. because i think diplomatic pressure has been put on and no doubt golden cuts have been dangled in front of hungary i think the same will happen with the other countries who are wavering let's be clear we will end up in a situation where with under twenty six to one britain will be isolated will be on its own britain will be punished and let's be also be clear about on this point

britain we are paying a lot of money to be punished by this organization let's calm it sign a trade deal let's be friends with our european partners and let's trade globally once again let's look towards an organization which covers a course of the globe it's called commonwealth they're our own can can our real friends the big question of not really. properly today all the spin aside and yes the these tight deals for the future you know this is all looking at not happening the future the same problem. with the euro so far it's not solving the problem here now is it. i know it's going to be pushed back to march and the markets are very impressed with that all you've got to do is look at the way they reacted to this so-called deal it's not forged but the euro let's be frank could never live succeeded in any way if we were all good europeans what we was allowed to happen is for greece and portugal and spain and italy and maybe ireland to fall out altogether devalue get back on to their own currencies second president changed

rates get their exports moving because that's the only way these countries can prosper outside the prison of the order for the interesting story of just look at the wall street journal reporter you some central banks in europe are now considering contingency plans in case the euro fails this is still considering it one example the central bank of ireland when they think that a way is to bring back national currencies by acquiring printing presses you think banks will have to resort to this even after what's been decided today i think so and i think what will happen is you'll end up with a call your oh i think you'll end up with france germany and by the looks countries maybe from scandinavia but beyond that i think the euro will actually collapse i think that the mediterranean countries in particular will have to fall out because quite frankly they can't get their economies moving whilst in accordance and which is not suitable to them at all poor quick final thought you've used the word fudge already but a lot of expectations were pinned on this summit today was it a success. no it wasn't and we will now move on to march where merkel is now

talking about the treaty being science in march but let's be clear if you're going to science treaty you need the twenty seven member states to sign up to it now britain has said that it won't that is a legal problem which we've got ahead of us if it isn't a treaty that means that the countries who are involved in this deal will not have access to the institutions namely the parliaments and the commission we've got a problem we've got a legal wrangle ahead of us it is undoubtedly a fortune live report. thank you for your thoughts on the program. look at some other news now today is my sharp escalation of violence in the middle east with israeli bombs raining down on garza not least one palestinian civilian was killed and twenty five wounded most of them women and children tell of even stepping up its assault on hamas militants but as artie's paula reports the campaign is putting 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 in grad missiles fired on the southern israel the south of israel is in a state of high and 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 a point for increased revenge attacks against israel we also are hearing from hamas that it's ordered its operatives to keep a low profile so the 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 fully 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 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. and prisoners in a prisoner exchange deal with a mask 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. russia central election committee is expected to announce the final official results of sunday's vote this evening the election will determine the makeup of the country's parliament for the next five years joins us live now with more so what do we know so far bring us up to date. well the central election committee are announcing that it is also the moment so we should have these final results shortly of course we already know the preliminary results of what is expected to look like united russia in front of the communist party second day russia says the liberal democratic policy in full the president had said yesterday that the results could it be postponed for some time due to the claims of

violations in the election process that as he said that doesn't seem to be happening in the final results expected fairly soon but of cool stays claims violations and vote rigging in the process postpone this post-election debate and he said a lot of international voices wading into that prime minister piece it has slammed the u.s. through interfering in russia's internal affairs he also accused hillary clinton of encouraging the opposition by cooling the vote is rigged before she had any official information from the international observers on what about these leaked documents that have come to light exposing washington's role in the election process. well the story involves the russian what still place the independent russia what still goals now confidential emails that were published by life nice appeared to show washington sending e-mails saying the

callers have received payments saves the nation that would discredit the polls and one of the e-mails from the u.s. state department praised the organizations work and promised to provide the support know the chief executive of gold also has said that the emails were obtained illegally and they want to take that to cool but they haven't tonight the content they see most certainly what we look like we're going to be saying is this he said placed election debate set to continue for some time yet the right sort of for life central moscow thank you. well as we just heard what it was quick to call the russian elections unfair and undemocratic which was immediately picked up by the western media news outlets of protests and would taking place russia's arab spring but is this in our reports next the comparisons twenty years too late. dockery or. sky or. u.s. senator john mccain to each 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 it will happen there we're talking here like protests during the collapse of the soviet union hundreds of thousands who were out on the streets people who. although. they will walk through. 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. you can get up to date analysis an opinion about russia's post-election future on our website r.t. dot com find out if the hard statements of the u.s. secretary of state in the reset in relations with russia also there you can see a one american news channel big portrayed antigovernment protests in moscow by showing pictures from a completely different country found a new f.b.i. definition of rape could make the people who patchi down airports guilty of the crime all that and much more are tivo com check out our best videos to our you tube channel.

the official altie application. video. and. palm of your. dot com nato is refusing to address russia's security concerns about the thorny issue of european missile defense plus moscow's conclusion after talks with the allied said brussels foreign minister sergei lavrov said the u.s. led bloc isn't ready to cooperate on the shield nato is deploying an antiballistic system near its 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 our team has been hearing from analysts who strongly doubt that. 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 at the united states because it would be like marking the country for annihilate 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 say 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 is mr ational use as we and it doesn't want to be viewed as weak right now from a strategic perspective going into a national election. to be there's some world news

a brief indian police have arrested six hospital officials on charges of culpable 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 it took firefighters five hours to bring the situation under control the fire started in a basement were found with materials with being stored. the roadside bombs food of at least five u.n. peacekeepers in southern lebanon the blast happened in the city of local media claiming a french u.n. patrol was the target of in several attacks on peacekeepers in lebanon the since the summer including last month's bomb explosion of a hotel used by u.n. staff. hundreds of activists in pakistan have staged an anti nato rally condemning the us for a recent airstrike the left twenty four people dead the protesters also chanted slogans in support of the government's decision to close its afghan border crossing into nato supplies while pakistan's also recalled some troops coordinating activity

with international forces on the frontier with neighboring afghanistan the u.s. strike sparked a crisis not ready. relations between washington and islamabad. lisa revealed a gunman who killed a police officer in a us university car park on thursday acted alone the man whose identity has not been released ran from the scene before turning the gun on himself police say they still have no motive behind the cop killing which would be a tech is the site of one of america's worst ever deadly rampages when in two thousand and seven a student massacred thirty two people before killing himself. and the corporate occupy protesters in boston have been given their marching orders although police are yet to respond protesters erupted into celebration at midnight after police said they wouldn't immediately remove them from their encampment officers gave no indication of when the eviction would now take place elsewhere police interrupted a mass demonstration in washington d.c. arresting seventy there becomes a part of a three month long fight against corporate excess that's already seen thousands of

arrests but many are still determined to stick it out however hard it gets. the occupy movement are facing not only pepper spray but things like the l. rad 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 what's behind it is a mentality among our police forces our local police that views common civilians protesters as common criminals. but the festive period rapidly approaching it's time to get skates on in the moscow program the feeling pretty slick in a couple of minutes time as you're about to see.

hello and welcome on this week's program we'll be taking a look at various activities you can enjoy over the festive period but right christmas is just a few weeks away and there's a real magical atmosphere in moscow over the new year period and we're better to start off than go ice skating here. fleet of foot as ever will catch up with massive more than a few minutes of sports tonight with the let's get across the business next on the back of the news of course that deal today russian markets plunged. with the latest on that for you.

that's right kevin there was an east west divide on the markets on friday and europe's and the u.s. equities are up that's after the summit which saw majority of the blog commit themselves to tighter fiscal rules to save the euro but here in russia marcus was sharply down also seems to be for political reasons we'll talk about that in just a second second look at the numbers that we've got right now starting with europe and europe is positive twenty three members of the e.u. have agreed to form a new fiscal compact to rein in the deficit but there's also been the offer of more support for the most indebted nations of its he's up twenty percent the dax almost two. u.s. stocks also trading in the green zone financial stocks are driving big gains on the dow which is up one point three percent this hour but there was a massive sell off on the russian markets both the arts yes and the last more than four percent on friday similar to what was moving the my six spoiled majors were

cheap crude and lukoil declining four and a half percent financials are also under pressure the most liquid stock on the market for a bank down four point two percent their profit almost doubled during the first eleven months of the year reaching nine and a half billion dollars according to russian accounting some. more analysis now from michael stein from us can see that. the week was characterized by heavy volatility which culminated in the markets selling off sharply today despite the market uptick in european asset prices my head of the e.u. summit which kicks off later on investors in russia however are quite concerned about the ticking up of uncertainty in particular uncertainty tied to the outcome tomorrow's protests in moscow in addition there are some investors which are concerned about the reaction that. western critics may have to the publicize the official election result so this could be a lot of uncertainty out there and that's being

a discounted in asset prices right now. michael stein there from a community bank now two thousand levon hasn't been the best of mergers and acquisitions in russia with values far below those seen during the peak in two thousand and seven but global bank is predict that could pick up next year if the 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 consolidate in order to have both the required capital given some large regulatory trend such as movement to basel two 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. some news in bric ukraine says making the russian ruble reserve currency from next year national banks announcement cements growing ties with moscow on tuesday ukraine signed a deal to pay in rubles for russian gas travellers to russia may no longer be able to buy duty free booze at the border shops are not able to meet new rules on keeping the alcohol in warehouses to take control of seaports this could be a big year for duty free stores as revenues from drinks make up to forty percent of this. and you attack a joint venture between china's funder sky and russia's nano technology corp has launched the world's biggest libyan battery plant in siberia it's a four hundred million dollar project will be providing power units for electric cars buses another green technologies this is expected to take up to a fifteen percent share of the world's battery market by twenty fifty. and that concludes this edition of the business news on the art scene next up kevin with the

headlines.

thank. you.