the united states has is responding to china in two ways one it's trying to reduce china's independent access to oil and ran accounts for twenty percent of jones oil so it doesn't make a lot of sense for washington to go to china and say. embargo yourself from iranian oil and. go to an american puppet in office in that country as well so we can prevent your. economic development from catching up to us too quickly and the united states is responding to china also with increased military presence united states says that the south china sea is an area of national interests to the united states and course that doesn't make any sense it's like china saying the gulf of mexico is an area of

national interest to china so i think these types of. militaristic statements. encourage china to build up its military and so the americans sensibly may be trying to start another arms race. but european hopes of a last minute chinese financial rescue are fading fast after top e.u. officials visiting china fell to convince the asian giant to commit any of its vast cast reserves to help stabilize you're up by saying as especially wary of the situation in greece the cancellation of a meeting with a eurozone finance minister kathy even more doubt on the prospects for a future bailout our correspondent jacob graves has more. it's showing just how far reaching this crisis in greece nor so the euro zone now it in terms of achievement for very least so you had quite a high ranking delegation heading there was headed up by the president of the

european commission and president of the european council as well so it was a manual process herman van rompuy both of them despite that high ranking delegation didn't get any more guarantees apart from good and positive words by chinese counterparts so no financial interactions nothing guaranteed in terms of financial stimulus is really what they want the reason they're in china is because china has the money they need right now three point two trillion dollars reserve currency fund that could help stabilize the markets here understand why the chinese are somewhat wary of this investment because it can all make indicators are only really worsening also that sifu good at the moment which is default greek default and exit from the euro zone what's being talked about increasingly by greek politicians the public but also by those eurozone leaders and that can't be interpreted as anything else but a real slap in the face for the greek government now they have passed another round

of very unpopular austerity measures and hope to return their begetting guarantees today that another much needed bailout that's required to repay their march debt they have been sticking their neck out of the line on this issue because it's one that's very unpopular the greek population is alienation which resulted in the clashes with police violence and injuries also disruption to the capital for the protests itself wasn't just restricted to the public we saw in parliament politicians well forty three the ruling coalition choosing to vote no to further their t. measure is this something now that really isn't that popular politicians all those . who do get the impression we speak to greeks here in the capsule a growing sense of resentment. how they're being treated what the be made to do by the euro zone by the e.u. we've heard the head of public order here coming out today. and saying that what

europe is doing them over the not really acting very responsibly. you can log on to our website any time you like for the latest news and videos that are dot com here's some of what's just a click away o'gara is now in the six nations to stall progress of the international copyright protection agreement or after sponsored by washington find out why more and more governments are choosing to take a u. turn on web restrictions. and the rebirth of a legend russia's iconic kalashnikov rifle may be given an honorable discharge ask a veteran weapon makes way for a new or model. turkey has no plans to consider alternative oil suppliers and will continue to import fuel from iran and despite the country's nato membership ankara officials have firmly disapproved of calls for a strike against tehran and are reluctant to go along with what iran sees as western economic bullying jihan news agency chief. business should

say says anti iran hysteria arms harms the entire region. it will be a very important headache for turkey because turkey is part of nato and because of that turkey has certain responsibilities but iran is a very important neighbor that two countries iran and turkey did not have war for centuries it's very difficult to get a settlement at the solution by attacking iran which is more than eighty million population big country but as far as i know the current israeli government are not helping to find. a peaceful. diplomatic solution to the crisis. in terms of the internal

political interest i i see that unfortunately it helps and tension helps and for the world it is this sponsibility war is to push with diplomatic means as far as possible in order to get rid of the possibility that we have another war in the middle east which would be detrimental for all of us next it's a business update with marina stay with archie. hello and welcome to business here on araa to how the later short term drops of russian gas supply to europe spurred this question on how to secure consumers from possible cuts in the future or the head of castro's acts for branch oleksandr mediator says one of the ways is so increased capacities in the region.

so there was a. person to. experience . between. for a few years to. take a look at the markets now will start with the exchange rates where the euro is again a little bit against the dollar if the seen some losses on tuesday and the ruble is higher against both the european and the u.s. currencies and that's following gains on the russian markets like a look at crude prices they're rising after european leaders pushed greece for stronger commitments to an austerity package a return for a second bailout these are concerns over the regions that crisis which may curb demand for oil crude prices higher and light sweet crude is trading at over one

hundred on one and i have dollars per barrel while bryant is out in just over one hundred eighteen dollars. that's a look at the situation in europe the markets there are trading higher following news of profits from key foreigners as well as encouraging comments from china's central bank chief who say that that is adding over one percent as our let's take a look at what's happening here and rush on the markets here also in positive territory although they have slightly minimized earlier gains both the r.t.s. and the my six are adding around one percent let's take a look at the in the movers on the my six most of the blue chips are higher and bank of course is no exception but that's because it's expected to finalize a deal to buy east european volkswagen international later in the day majors are also on the rise that supported by stronger crude oil is up point six percent the sour and truck maker come august is still adding it's now six and a half percent on top of a thirty percent jump on shoes day next emotional cost. what also highlights some

of those and stocks his company favors. in the. in the euros in the banking sector like. over. story. develop. one. has been up fifty three percent in the. very much you lords historical heroes. and other mergers and acquisitions in russia jumped twenty two percent in two thousand and seven compared to the year before and that's all value of deals which seventy six billion dollars well the growth of ali was twice as fast as the global average chemical production was the top sector in terms of deal volumes while energy and financial sectors came in second and third respectively.

that's how business works this out of the back in about fifty five minutes with more and for the headlines within the. issues that so much are good for you. to take your pick one of them i'll be written in argentina against barring abuse. status of future of these

islands is this disputed. would be soon which brightened if you knew about sun from finest impressions. his friend starts on t.v. dot com.

there were the words to you live from moscow our top stories syria announces a referendum on a new constitution to take place in under two weeks but as the fighting goes on not everyone in gains in the conflict seems willing to look for its. sizing up rivals u.s. leaders clock on the smiles for china's visiting vice president and leader and waiting two nations by the upper hand a turbulent relationship. and rallies to mark the anniversary of approached him

ocracy uprising in bahrain are put down with tactics and weapons from the u.k. sparking claims of western democracy over different revolts in the region. the next artie's laura smith talks to mideast expert tariq ali on the turbulent situation in syria and the implications of could house for the entire reach him. i'm talking to terry allie who's a historian and author and writes mainly on subjects to do with the middle east of course we're talking about events in syria tariq ali thanks very much for talking to us now president assad seems to be clinging on to power in syria do you think there's any chance of him stepping down in the near future well it looks unlikely is if he'll step. of its own accord i think he has to be pushed out the syrian people are of course doing their best in the country. what is more dangerous is the

pressure of being built outside especially in istanbul and by need to try and organize an intervention that i think would be disastrous and enormous bloodshed much much worse than what's happened in libya. so i think there be a disaster i think the best way is for pressure to be pulled. from without by a concrete who are not seen as hostile to syria which include russia china and others. and the pressure should be kept on home and he should be told in blunt words that he has to go where his father shed a lot of blood in syria he is now doing the same and that this family's on acceptable in syria needs a nonsectarian national government to prepare a new constitution the arab league's reportedly calling for a joint arab league un so-called peacekeeping force to be sent into syria president

assad has already rejected the idea do you think it's a good idea i don't think it's a good idea to send any so-called peacekeeping forces i mean first we have to see what is the arab league the arab league is essentially a morri bond organization which is brought to life when the west needs it too it is no active role for the last twenty five years in any positive sense in the region it failed to stop the war in iraq back the war. libya and it's probably being used as a surrogate to try and push through foreign troops an intervention in syria which i'm totally opposed to i think that is the one thing syria does not need is foreign armies we've seen what's happened in iraq and we've seen what's happened in libya but surely the involvement of the arab league which is kind of a local regional group is better than the involvement of the un or nato as exterior

organizations well it's fine having observers from them if they do their reporting accurately but foreign troops i mean you know who will be the foreign troops there the arab league said saudis said cut through these these sort of big vote crews of democracy in the region i mean that's utterly ridiculous it doesn't make sense at all i think the pressure has to be kept up on the externally nonviolent pressure that he has to go and i think the chinese and russians are now. in a strong position to be saying we've effectively prevented any foreign intervention in syria but you have to go. and push through. a national government the other people of course who are people who can pressure on most of our be rainy and so on hezbollah in lebanon and i think all these forces should now see that it is impossible for syria to be governed by this family and

this sectarian clique that has ruled it and the sooner they go the better for syria in terms of external forces well the our police decided to halt all economic and diplomatic contact with the syrian government will that have any practical effect do you think probably not because the. other countries are not going to do that the reunions are not going to do that they are a strong creating partner and lebanon i don't think is going to get involved in that on that level so it's not going to have a huge impact i think the only language. the clan and the military around him will understand is very firm language from china and russia i think they are now in a strong position to push through change without violent action do you see syria as becoming increasingly isolated in the region and and what effect will that have on iran in turn do you think well i think they are becoming isolated i think the

iranians are such an independent state i mean one of the few sovereign states in the region that they can look after themselves i don't think the fall of us. will affect iran because it will be in the interests of the syrian government if it is a democratic representative government to maintain good relations with all these countries i mean you know i i have to say that when you look at what the west did in relation to the pride seeing some of the crisis in the yemen where killing still go on and what they're doing in syria it just sort of stand the former yemeni president is having medical. speak. so this double standards that operate make one who suspicious of west most. people pushing for the intervention in syria saudi arabia gutter essentially they would

like a syrian version of the muslim brotherhood to do to run the country that is the new plot for the arab region and then the united states will do deals with them as it was done in the past and you say china and russia are in a very strong negotiating position now however. foreign minister lavrov says visits to syria recently seems to have yielded no results whatsoever well i think that you know if it carries on like this. the. family and clan refused to budge and refused to relinquish their stranglehold on the country sooner or later something disastrous will happen possibly including some form of foreign intervention and then where will the end do they want to end up like about do they want to end up like saddam hussein lynched by mobs backed by western troops that is the future that stares them in the face there is no other approach let's talk about

the sheer complexity of the various forces that seem to be at large in syria at the moment we heard reports that british and cattery forces are operating undercover in syria do you think that could be true it's perfectly possible british and cutlery forces were operating under cover in libya long before it became public now we know this is what they were doing intervening in these conflicts to bend them in their own direction so i have no evidence for this but it wouldn't surprise me at all if they were behaving like this and what about the iranians we've also heard that report although they've denied it of fifteen thousand iranian troops going into syria well that i don't know mean i would have thought that given the pressures on iran the moment from the west with the european union imposing sanctions the americans rocket playing the israelis threatening to bomb it it could

be ordered to put it mildly if they started sending troops out of the country but we have no real evidence of either the british and the countries or the your opinions i'm saying one is possible the other may be possible both are equally foolish we've now seen violence spread from homs to a second city aleppo and the us say that al-qaeda is involved in that if syria is substantially infiltrated by terrorists what do you think will happen will it give the west essentially an excuse to put up some sort of military operation in the country or on the other hand will they let the terrorists do the dirty work of overthrowing president as out themselves. theme i do that i mean the very weak force at the moment. the centrally to frighten the children that it has very little military strength its leader those who are here e has issued a statement saying that he is barton pasok and of. crow.

is fighting alongside some group or the other but they have very little actual strength and i don't think one should take. all exaggerated ideas of the threat it poses to seriously i mean the fact is the overwhelming majority of people in syria of want the family out and that is the key thing which we have to understand then which he should understand a lot of commentators have been saying about the arab spring in general that the violence and uncertainty in the aftermath will enable the muslim brotherhood as the only organization that is organized enough to take advantage of it to essentially step into the fray are you worried that that will happen in syria well i don't support them politically and i don't think it will be in the interests of syria to have an islamist government you know a moderate or extremist the baton seems to be at the moment of saying that the

model a moderate islamist government is the best model for the arab world i disagree very strongly that i don't think it's a good model for turkey either by the way. but the fact is if it's the only power in the land it will and there are elections that will come to power like it has in tunis here like it has in egypt and then one has to deal with it i mean i regard these groups as the roots of christian democracy socially conservative organizations but perfectly happy to follow the latest economic trends. which dominate west. do deals with the united states they've done them before the turks are part and parcel of that strong member of nato and these countries will probably follow suit whether this is what people really want is a different question altogether but you make the muslim brotherhood sound fairly

benign really do you think that christian minorities and other minorities have something to fear from that well i mean there is always within moderate islamist parties a current which feeling that they can't really offer people what they want which is a decent standard of living which is a social safety net to work then divert attention by targeting minorities the brotherhood has done it in relation to the cops in egypt and it's not impossible but they're sort of peers in syria will do the same so that is not a good thing at all but you know we have to wait and see if this is what the majority of the people want then unfortunately it will happen sooner or later tara kelley thank you very much thank. you.

wealthy british style but most of us not i'm surprised. that some of their. markets why not. find out what's really happening to the global economy in these kinds of reports on . me it is easy to.

see. the big. period the be.

fixed. party's top stories syria announces a rougher random on a new constitution to take place in under two weeks but as the fighting goes on not everyone engaged in the conflict seems willing to look for problems. and sizing up the right holds u.s. leaders slop on the smiles for china's visiting vice president and leader in waiting two nations five for the upper hand in a turbulent relationship. both rallies to mark the anniversary of a plum tomatoes the uprising in bahrain are put down with heart attacks and weapons from the u.k.

sparking claims of western democracy over different revolt in the region. and is here next with the sports news. hello there welcome to the sport and this is what is coming up over the next few minutes it's not over yet rubin boss remains the fine despite his team's europa league loss to n.p.r. cost in moscow. while barcelona put one foot in the quarter finals of the champions league with a three one win over by les because in germany. the full mark thought she gets praise from an input chiefs and police is test events of the twenty fourteen winter games gathered pace. but first the football and ruby manager kabamba dave believes his side can still progress in the europa league despite their surprise won their last two n.p.r. cos the first leg of the last thirty two clash was held in moscow but the freezing

weather didn't affect the greek champions they took the lead midway through the second half to david for mr rubin had a golden chance to go level shortly afterwards for n.p.r. coast people a year he was sent off for a foul but substitute goalie carroll saved the resulting penalty from there but asked nacho afterwards rubin boss today have promised to take the game to the greeks in the second leg next week in the other europa league tie last year's finalist sporting braga lost to neil to turkish side. while in the champions league leon got a hard four win over there and defending champions barcelona went a long way to reaching the courtis with a three one win over by labor in germany alexey sanchez with a brace his manager happy with the result he. doesn't it was but i think by a little couzin did not allow many chances for us in the first half but in the second half we continue pressing and we managed to create a lot of chances and just.