arena strike tens of thousands in spain uniting protest against labor reforms a day before the new prime minister announces a precious round of austerity comes. the arab league splits over how to deal with the syrian crisis has some members advocate diplomacy and others want to arm the rebels and weigh in with force. the five member bloc of brics countries take on the dollar a new euro in a bid to reform the global economy by creating an alternative to the international monetary fund.

night am in moscow i match reza good to have you with us here on r.t. our top story tens of thousands across spain gathering for a general strike to protest against new labor reforms and seen as the first real test for the prefers for the new prime minister mariano rajoy who's government has only been in office three months the strike comes a day before he's expected to announce more painful austerity measures archy's jacob greets reports from interests. this is just a precursor of what we're expecting to see taking place later on thursday when tens of thousands of people of course be descending on this where essentially we're grid nation action historian writing the cases across the. country all part of a chance right now there is so little to transport links so we could fly these and go oh i was paying for the prince who complains of the respect of the labels and

by the government they think they support the boy they don't really protect the rights of them enough people to be sat down to reason and have their wages been lowered all this in the face of striking unemployment that was twenty three extension of the whole feel asians standing on the floor and that could blame others thought of all those developed countries and when you put this in context of those under the age of thirty's even the worst thing about fifty percent of the books and should never have been all the protests taking place throughout the course of the year we saw a problem want to realize the full moon exists between police and demonstrators says the police were accused of being heavy handed insurgency circumstances food tension is expected to soon again be on friday that is when the country's prime minister seeking to pass a budget this time again

a tossing budget for six he's already stretched to be very very severe possibly alarming so many of the public also and should be cross still staying busy studying prime minister said the spanish condition something that could infect the rest of the eurozone over this coming on the banks of the bank by announcing the country percentage in recession. stay with us here on our t.v. for up to the minute coverage of the spanish strike throughout the day for more news and videos you can always head over to our team dot com here's what's a click away right now. panic for petrol drivers in the u.k. hippopotamus after being warned of a possible fuel tanker strike. and a facebook face off as u.s. employers asked people to hand over social network passwords when applying for a job.

as the. conflict in syria rages despite a un backed peace plan the arab league meeting to decide on how to mediate a solution but not all members committed to diplomacy what some are openly calling for military action damascus says it won't accept anything the league says after the body suspended syria's membership last year r.t. sarah ferguson will. it is the first time that the arab league summit been held in iraq for t. decades and it's expected that the arab league ministers who gathered there are going to see the inducing case here and six point peace plan that of course has already been formally accepted now by the syrian government now that's understandably been met with some criticism from members of the opposition he say that he's made promises before that he's felt that the liberals they certainly have a message coming from the opposition is that they're going to be looking for

actions and not just words when it comes to that. meeting in baghdad at the moment say far has not been seen as having started particularly play he said lay son of the country's guitar in egypt haven't sent their top diplomats t. that gathering possibly. in part perhaps to the fact that there is a difference of opinion of course remember amongst many of the countries participating in arab league summit you've got countries like it's very much been pushing for arming the syrian opposition and calling for arab chiefs to be sent in to intervene in syria iraq's foreign minister has said that the country doesn't support foreign military intervention in the country but they are behind the syrian objectives and the bit of the people in syria calling for freedom and so there is of course you can see there at difference of opinion i mean all eyes are going to be on this meeting to see really whether the arab league is able to bridge some of

these divisions that we've seen really mind that progress in the past and we talk about the syrian opposition you've got the syrian national council which is the sort of outside body in the scene for they very much try to pitch themselves as exile government in waiting in much the same way libya's n.c.c. operates is that the reality is that it's been a very different situation for them inside the country you've got different opposition factions you've got the. syrian army of course operating inside syria say one of the main criticisms leveled at the syrian national council is that they're simply not representative and it cools even a little this infighting which really does have to the price of making say oh all of this concerning and very much everyone's going to be looking to see from sort of unity i mean we've had. a cooling for these countries now and these different factions to be speaking with one voice and unfortunately it does seem that there's still a lot of in decisiveness and a lot of bickering that is going on there everyone's very much on the same page

when it comes to putting an end to the violence that's just no one really seems to be t. sure how they go about stopping it well stay with us here in our if you still to come this hour our frickin spring we report on the latest situation in the west african country of mali hit by a military coup that saw its president overthrown. also still to come the rising number of americans dissatisfied with having only two real choices come alexion day twenty twelve. but first the world's the world economies five leading challengers banking on serious change the brics group of countries where the creation of a new development fund as an alternative to what they consider a western run i.m.f. and world bank they're aiming to break the spell of the dollar and euro is the main reserve currencies or he's pretty sure you get reports from you joe. today is the main day of the fourth annual great summit leaders from the world's top the emerging economies brazil russia india china and south africa are here in new delhi

to discuss their strategic partnership together these five countries account for forty percent of the world's population and actually are expected to make probably the most popular of the global cheney p.c. in the next year by plenty of money many analysts are predicting that because of these countries growing economies they're actually going to have more clout in the political realm is well known we're seeing many of these countries russia and china for example standing up to last year in countries on major issues that are going on in the world like syria russia and china recently with both sides that they value the u.n. secretary general kofi annan says land for a cease fire in syria we're also seeing the issue of for iran many brics countries are standing up on that issue as well we have been dia china and russia that are saying that the western sanctions on iran are not going to work earlier this year

the brics countries were also talking about bailing out europe from their financial crisis one of the top things that said to be discussed here at the fourth annual great summit of is the possibility of a joint break being that could serve as some sort of alternative to western led financial institutions like the international monetary fund and the world making these leaders are also expected to discuss an alternative to the dollar as the global reserve currency and perhaps some sort of break up basket for. the first countries will be signing an agreement today to give loans in their national currency another move that these countries are coming together to shoulder their top anomic loudly and this would be a major shift in the way that the economics work. after all the documents are. in there fighting in the breakdown of the will and the russian president dmitri

medvedev is expected to hold a bilateral meeting with the indian prime minister manmohan singh like everything from stop here in new delhi. janks we've seen from the high school of peking university says the brics countries led by the economic powerhouse of china are changing the global economy for the better right now it's much too reliant on the american and european european markets and as we all know. american in europe and europe right now are just barbarous first sluggish so china for its long term economic interest is very interested in markets around the world as well as diversifying its gets its manufacturing sector you know the appeal of russia is obvious russia is as a as a lamb both immense natural wealth and china's for much in need of resources the appeal of south africa is that's a marker is really much the financial center of africa so there has been provided as you point out for our chinese banks want to give peace to the rest of africa

seems the same is true for brazil. so polo is really my nucleus of furniture capital of most of america so it's not that china is they can make powerhouse it's down to each of these countries stand to benefit from some of the mutual benefit of those recommendations we have from whatever everyone. coming away a little more than an hour he speaks with the chairman of the world's biggest commodities trading company who thinks china is likely to go down the same path of the economic development as the u.s. and britain take a look at. the moment china on a comparison basis is certainly doing better than everyone else so but whether that's going to lead the world forever or have i don't think so i don't think that we're going to be going to china sentry china is a manufacturing company today and benefiting from manufacturing the manufacturing is the really leads to prosperity and the western world has swung away from

manufacturing into third of its industries and that is. as also had a huge dogs or inflation over the years i'm talking about europe and america china is going through its industrial revolution equivalent doing fantastically well but also feeling the beginnings of inflation and growing cost base and over the next twenty years we may well be the chinese manufacturing moves offshore to places like cambodia vietnam. and some. delegation of west african army chiefs have arrived in mali's capital but moscow was part of an attempt to restore order after last week's coup there is a calm as toppled president amadou toumani toure he says he's safe and still in the country several thousand people took to the streets about moscow in support of the military takeover led by soldiers unhappy with the president's policies this uptick

led leaders of the coup have already unveiled a new constitution promising greater public freedom their actions though been condemned by the un that led to mali suspension from an influential west african regional body lawrence freeman with executive intelligence review thinks the value of that could be the result of a failure of western policy in the region. mali this was an area that u.s. put a lot of military backing into and they were trying to fight the various forces known as. mcgrath and you had a military low level officer carry out a coup so you have to wonder how strong was the government this is a continuation of the arab spring into sub-saharan africa one factor though is in the zealous nature of president obama and president sarkozy and prime minister cameron in their intent the carrier regime change in libya and kill gadhafi and was

not necessary there actually help peace process because many of these rebels are coming back from libya very well on with pickup trucks with machine guns and other ammunition so essentially it's failed along policy president obama in the west together with the economic crisis that i think of the two main causes for this regalia. turning now to some other stories making headlines across the globe the us s. suspended food aid to north korea after the country refused to cancel the schedule rocket launch washington says the plan violates the terms of a deal made with pyongyang. north korea agreed to suspend its uranium enrichment program and nuclear missile tests in exchange for u.s. food aid in february john yang says the launch is just intended to send a satellite to space. former i.m.f. chief dominique strauss kahn claims he has diplomatic immunity in a civil case in which he's accused of sexually assaulting

a hotel maid last year the international monetary fund says he's not entitled to the unity though because he was in new york on personal business i think tyler the alleged crime strauss kahn is also under investigation in france over allegations of being involved in a prostitution ring. u.s. authorities have charged a u.s. pilot with interfering with the flight crew after his behavior became increasingly erratic on both onboard playoff wins last vegas bound flight made an emergency landing in texas tuesday after he allegedly shouted that bombs from iraq were going to take down the plane and could face twenty years in prison and two hundred fifty thousand dollars fines if the found guilty he's currently being held at a texas hospital for medical evaluation. to ireland now where a two and a half ton elephant named baby has a skate from a circus in the town of blackpool the forty year old elephant rot through a carpark before chant and charging a busy junction to load

a shopping center babies handlers say she ran away because she didn't want to take a shower she was brought up and returned to the circus shortly after. speaking about charging elephants republican candidates continue to battle it out in the primaries across the country in the hopes of challenging democratic candidate for president obama for the top job but recent gallup polls suggest americans aren't satisfied with having only two choices with around forty percent considering themselves political independents or he's got a cheeky on reports most u.s. citizens think the bipartisan system could be outdated. in american politics three is a crowd through a string of primaries two parties present their candidates for the president of the united states americans are accustomed to having two teams they watch football games baseball games of basketball where there's one team against the other team that's kind of the way they see politics as well i think it affects their thinking

they think there's only two choices republicans and democrats get it they just grown accustomed to that to team mentality. but according to a gallup poll over record number of americans forty percent now identify themselves as political independence there are many people who have expressed dissatisfaction with the current system but they seem resigned to the notion that those people who are currently in positions of power or not won't walk any sort of change in that we're not likely to see change anytime soon for an independent or third party candidate getting on a general election ballot is considered a task in the us ralph nader an independent a renowned lawyer consumer rights advocate ran for the presidency six times harder to get on the ballot mis country by far than any western democracy fifty different state was hundreds of different county laws it was

a total nightmare created by the two parties to who are in competition it's very skewed to party who it could be dictatorship we called it grew up and they're all fighting for ocean slowly over who's going to go to the white house so they can take up residence and to take the orders from their corporate paymasters some analysts say the system works in a way to avoid any real change in the way america's government and special interests play special role extended primary process we have in the us give special interests like military contractors. for others it's just in time to monitor the election process and put in resources to attack anyone who's not going to use not going to give so shit or favor olds favorable to them so it does make it hard for an outsider to surprised establishment some believe congressman ron paul who would fare better as an independent as his distinctly anti-war rhetoric distances

him from the other republican front runners political experts say someone like paul stands no chance of winning the nomination because at the end of the day the two parties always the mainstream candidate. presented with just two choices many americans vote not folk who they see as president but against the one they don't like a lot of people don't necessarily vote for who they like a lot of people so republican because they don't like the democrats or don't so democrat because they don't like or they're scared of the republican us a lot of times you have americans voting for the lesser of two evils who is the lesser of two bads many see the way candidates are picked they legalizes their safeguard against drastic change but as the discontent among americans grows over the country's foreign policy over corporate controlled economy so grows the push for fresh ideas and bold actions but the question is will the system allow in bills

that could break the much loved and my cherished business as usual washington old i'm going to check our reporting from washington r.t. . iran will resume talks with world powers and if used tensions over its disputed nuclear program in two weeks time kot western countries keen to discuss iran's uranium enrichment which leaders suspect is aimed at developing nuclear weapons tehran insists its atomic ambitions are only aimed at developing peaceful energy was meeting between iran and u.n. representatives in two thousand and eleven failed to produce any concrete results meanwhile terrans been struck by the latest round of you. sanctions against iran's engineering firms with ties to the country's most powerful economic and political institution has logic revolutionary guard senior editor of reason magazine brian dougherty says sanctions are bringing us and iran a step closer to war. sanctions in and of themselves are essentially an act of war i mean we're basically telling iran that their banking sectors their energy sector

is a pretty much the entire life what their economy you cannot interact with the rest of the world in any way we're trying to ensure that you know not just america but any company anywhere around the world is going to be punished if they do business with iran i mean i think clearly if anyone tried to do the same thing to us we would understand it as an act of war but we're talking about here is merely an addition to a bunch of sanctions that already exist there were already very probably down this happened i think there's reluctantly a little sign on the part of any one of responsibility in washington and actually hard about the implications of the stance we're taking towards iran right now. coming up a little later in our sports boat in an exclusive with russia's only f one driver. to tell you pedro shares his thoughts on racing and a future of the most popular event in motor sports coming your way is our time here

on r.g.p. . time now though to drive into the world of business with marina closer even talk this time about cash so the number of super rich asians on the rise or yes that's correct in fact asia has a knocked off north america from the top spots and now those that's not all the world's economic center of gravity and what i mean by that is basically the number of asians with a fortune of at least one hundred million dollars is eighteen thousand and that's compared with seventeen thousand in north america and fourteen thousand in western europe now when it comes to russia that figure is over two thousand these statistics were published in the report by knight frank and the global property broker expects the number of the country's secrets to grow a staggering seventy six percent in five years that's the third fastest pace in the world after and india and china all right let's take a look at the markets now and since i mentioned asia let's go there first and it's

also the only one trading currently and we can see that that still is see right there and basically what we have there is that commodity firms are under pressure and this follows a sell off the metals and oil over in new york now be talking about that a little bit later when we take a look at the u.s. markets but in hong kong aluminum corp of china is losing over its see percent this hour and the stronger yang this is driving japanese exporters lower as well sony is losing around super size as well now there is some good news and that is that japan's february retail sales rose by a half percent and that was much more than expected. all right let's move on to the u.s. the markets there are closed but they came off from their closing days so they still closed lower we can see that both are down and the nasdaq rose over around half a percent and they were led by materials and energy and of course investors are

worried this is appointed amid global weakness in general and of poor economic data and what i mean by the economic data is that durable goods rose around less than expect that see point c. percent in february while future business investment missed forecasts as well so not a lot of holes it's of news there moving on so while it's still alive and it's trading near the lowest level in almost the week and this follows reports that the u.s. is has risen in its stockpiles and that my some countries are considering releasing suits injured reserves to push prices lower and now move in on some currencies the euro is higher against the u.s. dollar when it comes to the ruble it's shot in recent gains against the euro and the greenback i will have a better picture once the russian markets open which is the last that ended our side from that well let's take a look at the closing picture on the ryans that we can see that both the arts yes and of my sex closed lower the arts yes and five movies in over three percent and

the my sex right over two percent and that was a lowest close since late january. and other new sports of rotterdam in the netherlands and russians investment holdings group i think in about building upwards in china gather the country is currently looking for partners to set up a hub in a production territory that's next to beijing the companies promise to give a final answer by summer and their investment would be worth around two billion dollars. and that's what happened in business mats all right frank there is worry because of the grocery reporting for us from the business just won a few moments we'll tell you we will recap it up stories by. so interview show spotlight focusing on arctic energy all that still to come stay with us.

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