markets. find out what's really happening to the global economy with much stronger no holds barred look at the global financial headlines tune in to this report. the first to ceasefire in over a year of violence between syrian forces and comes into force following a u.n. deadline meanwhile russia calls for international monitors to help keep the peace. out of the frying pan into the red payday loan companies offering crippling interest rates are replacing bank sin debt ridden britain for people who are looking for a cashflow quick fix. the first presidential campaign since mubarak's fall gathers pace as criticism for the country could well end up with a dictator as its leader again.

a very warm welcome to you from all of us here at our team oscar. shouting syria remains calm after the u.n. brokered cease fire between the government and the opposition came into force on thursday morning a truce resulting from the mediation efforts of international envoy kofi annan is the first in the year long while and. reports from damascus with mutual distrust between both sides of the peace remains fragile. the ceasefire came into effect at six am local time and so far it's been holding syrian to finance minister promise not to conduct any operations that any have found so fair grounds they are military groups and while they did say that they reserve the right to retaliate in case

their units of being attacked as for the syrian opposition what we're hearing from various members of various opposition groups is that there are going to respect the cease fire and they promise not to open fire if the regular army indeed silence as it's gone from damascus has office has been spared the destruction and violence that has iraq has some of the northern areas of syria but these tracks of violence is still present in your daily life people have to think twice about where you park your car and they try not to do that in front of the government offices of police precincts and young people are looking for ways to know what is being dropped to get into the army the economy's getting harder to get cost of living is increasing jobs are scarce and maybe people here in damascus now saying that we can discuss political changes later on the first thing that should be done is to stop the violence shelters will sort of worth reporting that moscow is calling for an

immediate deployment of international monitors to syria i mean fears over in years past i mean with g. eight partners some washington russia's foreign minister accused some countries of being unwilling to help bring peace to the explanation is on china's got a chicken. the g eight ministers are meeting at a very important juncture it's the fate of the u.n. an arab league envoy kofi annan is peace plan that is now at stake but for a cease fire to work all sides need to commit to it president assad said he will stick to the plan good will reserve the right to respond to terror attacks the russian foreign minister said that in that situation it's important to have monitors to verify what's the situation on the ground yes it was new rules and i asked the un secretary-general ban ki moon to put forward suggestions as soon as possible as to the format and size of the monitoring mission in syria so we don't rule out provocations that's why the presence of independent monitors on the ground

is very important to include. as far as the rhetoric between the u.s. and russia it's tense to say the least separate state hillary clinton said precious refusal to support quote unquote constructive action by the u.n. security council on the crisis in syria keeping its president bashar al assad in power u.s. ambassador to the united nations susan rice went even further saying russia and china have quote blood on their hands for refusing to go along with any intervention in syria there are policymakers here who are very pro intervention and they tend to blame russia for all that's happening in syria at least in their public statements in the meantime moscow's pushing for a political solution with a dialogue between the opposition and the government whereas the u.s. and the u.k. for example and the arab league tends to prompt the syrian opposition not to hold any talks with president assad and to continue fighting the sensually even as if they say they're also for

a political solution that was you were trying to influence the syrian opposition we held meetings with both the opposition inside the country and the exiled opposition but it's also absolutely clear that some of our international partners tell them different things and prevent the opposition from making any concessions well and used so there's a lot of roth also. war and western and arab nations against arming syrian rebels saying quote even if the syrian opposition is arms to the teeth it will not be able to defeat the syrian army and the bloodshed will go on for years and of crawled. porting now turkey has hinted it may ask for nato help to protect its borders this after gunfire from syrian skirmishes reached its territory just a few days ago neil clark a journalist and contributor of britain's the guardian newspaper believes maintaining calm in syria largely depends on the behavior of outside forces it's interesting to hear the west response because the onus now is on the western powers

and on saudi arabia and on turkey it's on those countries that are backing opposition to tell them to support the peace the peace plan to stop this talk about arming them stop this talk about regime change and then we think we could get peace in syria because we already have a democratic framework to solve this problem there's two sides to this company obviously the west is the train is complete is it it's only the the assad regime we believe of course that's not true what's been going on in syria is an attempt by outside powers to bring about garlic regime change the rhetoric from the west we've got the british foreign secretary calling for assad to go to war crimes trial is a very helpful. well as you know we're always eager to get your stance on the stories we're covering here at r.t. on our website r.t. dot com we're asking whether you think syria will will see a complete ceasefire this week pick up the numbers from the website for this hour over forty percent of you say the syrian national council will push for a libyan style intervention in the country what about

a third think that neither president assad's forces nor the rebels will lay down arms but a fifth now believe the rebels will have to back down to maintain the cease fire plan or just under three percent now three percent of you saying that international pressure will successfully and. it was good to have you with us who are not here today with the e.u. deluged in that it's not only governments looking for crisis cash credit dries up for those in desperate need companies providing so-called payday loans a booming offering money but at a very high price as artie's lower smith reports short some funds often lead to long term debt. lakes played along dot com so they didn't see it all sounds so easy and it is in ten minutes payday loan companies handout short term loans to tide you over till you get your paycheck but kelly smith knows this short

term solution can become a long term trap. then basically what happens next month is our one hundred per month that are been surprising back about one hundred sixty one long with our stock and before that was no struggle compared to what it is this is not until recently payday loans with the preserve of the desperate fast easy no questions asked cash the catch punitive interest rates in some cases a staggering one thousand seven hundred percent a year but according to a report by accountants pricewaterhouse coopers in these times of economic hardship with traditional credit like cards and bank loans harder to come by payday loans are becoming part of the fabric of the u.k.'s economic society the only growth sector in the consumer credit market what's happening in the current economic climate is that people of varying girl no credit card good people don't want long

term because they're worried about the future income stream jobs so the ability to borrow just the money you need for a short period of time many people are finding much more advanced ages the running of long term bit on credit cards advantageously maybe if you pay it off straight away but high interest rates and extortionate late charges can make it impossible for people on low incomes to pay off their debts according to research by the day the court trust people will average twelve hundred pounds and forty percent of the borrowing money to pay the basic living costs even more worryingly mooste customers have forage for a payday loan company to pay off and of their. payday loan companies now the average payday borrower has four loans from different companies and they're constantly targeted by the firms both somehow managed to get my number off this one company these are the different martins techs to me and say hi kelly do you want to

do one of our line you've excepted use the chance to get your loan in and is all these different companies texting me in or is me really because i think. why would you want to get somebody in ten. months later kelly's still trapped in a vicious cycle of debt she doesn't know how she's going to get out of it you have to focus on turkey to get out of cycling. as far as our ticket counter. and can you afford to do that would you be able to support. laura smith r.t. kept by the crisis in europe and seen a brief response after greece narrowly escaped default but now it's up again with spain being in the eye of the storm but skies are and still see her good or will they can be poised i should say to give her always unique take on the situation we can watch the cars report at a fifteen thirty g.m.t.

. a flood of easy money courtesy of the european central bank may for a calm start to twenty twelve but a poor spanish bond sale last week signals it may have only been a law well before the debt storm breaks analysts warn why i think of it more as a debt fund do really with that you take a country like greece you stick it on the farm do fork and you dip it into the debt and then you serve it up to goldman sachs or j.p. morgan. all this debt fondue is great now spain is being thrown into the debt fondu . life in the heart of moscow this is artsy but egypt is preparing to vote for its next leader the first presidential poll since the fall of hosni mubarak will for next month's election has been overshadowed however by controversial candidates accused of offering hollow promises authorities are really going to score reports the democracy gyptian has

fought for is anything but certain. the list is long but a choice made limited with just the world all over a month left before the crucial presidential polls become pin is off to start a liberal candidates believe this election despite all in determining whether the egyptian revolution will sink or swim for our data revolution is it is transitional period and it's not clear whether able to reach its final destination its goals of freedom and social justice haven't been breached shared by many. he looks through committee will have to sift through more than twenty names on the list of those who applied for the country's top job but they aren't the ones faced with a crucial choice exam. choice. but failing because. there was.

something about. liberalism the courts all don't really appalling and people not good people of various clear of the islamists who have been unleashed deliberately by the staff by the military some of the people would have. is a. secular military the people should all look islamists the people should the muslim brotherhood's freedom and justice party or j.p. already holds the majority of seats in the country's parliament and promised to abstain from the presidential elections but later backtracked on their words many question whether such a staunch group of islamist may be successful in giving the egyptians civil liberties and freedoms they demanded a team of the f.t.p. members disembarked in washington d.c. last week for a charm offensive on both the western politicians and media to prove sharia law

does not mean a return to the dark ages yet when you're skeptical of the sincere. the company this is an ideological organization imagine the communist wins and america and says we will not. impose we would have. is who would believe such a thing. something like that. but you know we've become powerful for a lot of the alternative hosni mubarak's former prime minister foreign minister and chief of intelligence are hardly a better option as many theory they would return things back to where they were before their evolution. speaks for the first sleep. looking around for they see. just politically with the first it's. so i don't want this played out what i would like to. see.

if you. like and thus the much lauded presidential election in egypt may turn out to be just another big disappointment in cairo you know. it's quarter past the hour here in moscow you are with our team and still ahead of you in the program that of reaching up for the stars while the world remembers the historic first manned space journey russia reveals ambitious plans to explore the moon and stay there they can report on the hopes of my flight.

to. pick. the. song from things to. these for instance on t.v. don't come. to mission free to critique

a should be free to school or church is free from eight years three. three. to three. year old free born just plug in video for your media project for free media party dot com. it watching our t.v. it's good to have you with us today as the world celebrates the fifty first anniversary of the first manned space flight by of course your car and russian scientists have revealed an ambitious plan to make it to the moon and not look back . now as a look at the next giant leap for mankind. to put

a man on the moon and to keep him there that's the aim for space exploration in the coming decade according to a plan unveiled by moscow's academy of sciences choice was august but what's known klein cannot stay where it is now for a long time we have been successful in exploring near earth space it's time to move beyond those the goal is to put on manned rovers on the moon by two thousand and twenty with landing stations established by twenty twenty two which will start the process of building a permanent manned base there and on the minute the moon is that all well say scientists we actually know surprisingly little about our closest cosmic neighbor and the consensus is we should try and prove our skills and science as close as possible to home before attempting any bigger leaps vast quantities of frozen water have been discovered under the moon's surface taken there by billions of years

worth of collisions with asteroids and water might not be all we find if we look carefully organic samples may have been preserved in comets in a frozen state it's impossible to investigate them from afar so we should deliver those samples back to earth in the control rooms there have been serious questions about whether we can technically manage a moon base the past year has seen a catalog of areas including a supply rocket on its way to the international space station plunging back to earth and an unmanned mars exploration rocket falling from orbit we're still using technology from the decades of the space race from the fifty's to the eighty's so scientists and new ships have been taking too long to arrive. until we get these new ships we will have problems also many of the people with the knowledge of the old models longer with us and the younger generation doesn't have that knowledge so

for no sticking with the moon it might be ambitious enough. sometimes it's of mars missions planned as well as the world remembers the pioneers who made it up to space in the first place those in charge of course next nation all to stop marking the breakthroughs of past and start making some of their own bots and. further exploration may mean boundless opportunities as according to space entrepreneur jeff manber only three nations have send humans to space and now companies are trying to do it and that's a big difference pharmaceutical research growing different process season materials and the reduced gravity on the moon maybe you set something up on the far side that really can look what scientists i'm sure you can get scientists that are in antarctica today jump on a rocket ship and spend five years on the far side of the moon. we're also covering the fifty first anniversary of the first manned space flight on our website out

seen. among the stories a school for a cosmic hero right here in moscow a group of. about watching the massive forty meter monument of space pioneer. getting up just in time for the anniversary of celebrations obvious historic flight that certainly liftoff for a growing thought for future good at heart. and for legs good obama mania sweeps through a colombian village preparing to present a u.s. president with donkey by the name of this very special at our teeth the. secret lover a tour. was to build its most sophisticated robot which on fortunately doesn't give a dog about anything. to teach creation why it should care about humans. this

is why you should care only god can. interest about what is the world update of but for now iran will not give up its rights and nuclear energy despite pressure from the west the country's president mahmoud ahmadinejad made the declaration ahead of this weekend's talks on the issue with major world powers and it will be the first round of talks of their kind in more than a year it's iran signaled it's going to come forward with new initiatives aimed at proving the peaceful nature of its nuclear program the u.s. and the e.u. however seem unconvinced that enough will be done to lift tough sanctions including an oil exports ban imposed over worries that the islamic state is working on a new talking about syria god see a former national security advisor to president obama says that there's nothing wrong with iran developing nuclear capabilities for peaceful purposes as always it's willing to play by the rules his full interview is coming your way next hour here on c but for now

a quick look at iran. should have access to a peaceful nuclear power if it wishes if iran seriously wants through. play according to. play according to rules that all of us play by. signing the documents that. guarantee a sort of behavior. there's no reason. to run. nuclear power nuclear power for peaceful use so. you know. we want to be north korea. living in the world wide solution. before we get to dimitry with a business or let's check out the arts you want out there it will start with ramallah palestinian leaders of rejected israeli prime minister benjamin netanyahu the latest invitation to resume peace talks they've insisted israel stops its

construction of jewish settlements first which are being built against un resolutions and widespread international opposition the palestinian refusal follows yesterday's appeal from the middle east quartet for both sides to take proper steps to improve relations. deadly clashes between fighters linked to al qaeda and the yemeni soldiers continues for a fourth day running at least one hundred fifty people have been killed in the fighting and airstrikes since monday insurgents have been attacking army barracks trying to retake the strategic southern town of loder it's the latest in a series of deadly confrontations following an uprising which forced long time leader ali. from. the international criminal court has confirmed that saif gadhafi the imprisoned son of the former libyan leader was tortured and abused and since his capture last november investigators met him at a detention center near tripoli earlier this month where he said he would prefer to

stand trial in his home country on charges of war crimes however it's believed his decision was made under duress as a libyan official was sitting in on the conversation a trial of the i.c.c. would remove the threat of a death sentence if he's convicted on charges of killing protesters during last year's uprising. i know which of your business ties to me tree good to see you again i are the bad news is i understand that the market has actually reversed back into the red in the past hour to shed some light on that which we're well there was the latest report from the labor department in the united states saying jobless claims have gone up sharply at the worst in two and a half months right now some connected to spring break well u.s. markets will start showing five minutes time meanwhile in europe the footsie has gone down into the red so as the dax is down point three one point one percent not that much that's because there was a. kind of a successful well bond auction in italy i mean the result despite poor borrowing

costs have gone up one percentage point but it wasn't as bad as some had feared and the european central bank has said it's ready to buy bonds if needed and you go from b. to b. capital explains that this would put a cap on. as well as spain and this is that as well as european. countries. problems they've been place in. a way successfully this start over the year and it was really there is out of the support in the future here. which in their. plane theory for any is there this. is why i do not despair the use. of the thing in the end of last year and probe near at least for now the problem with this. problem of the markets were flat to negative right now they're

just a straight up negative with a nice down almost one percent cyclical it's moving the sixty main movers on on that stock exchange look or oil is down point eight percent on the decline in oil prices and also it has announced that it's bought fifty nine petrol stations in. belgium as part of its expansion program after vases in the red as it will be boring a two billion dollars to modernize its car production and sparkling wine up all the good sort is bucking the trends of one percent its its second day of trading. let's move over to come a currencies and the euro is gaining sharply versus the dollar which is was a good sign so more optimism about europe and less sales going on in the in the assets across the globe while the ruble is maintaining its very strong gains today against a basket of currencies and oil as i mentioned is declining and will mostly be

declining less we are just one percent so brant declining more than half a dollar that's on course pressing us about those jobless claims which have just come out. all have more for you of course with the u.s. markets in around fifty five minutes time rory supersymmetry see you then many things as. i find out here not so you know we are closing in on spotlight the focus today on the international day of manned spaceflight a lot of stories on that today right here what i'd say for that reminder of our headlines.

i'm. going to come on. this history still cheap some secrets but now it's time summerfield live from the soviet farms and off season. there hasn't been a thing get on t.v. .