the first ceasefire in over a year of violence between syrian forces an armed rebels called essential forces following a un tough line meanwhile russia says the security council could approve sending an observer mission to syria as soon as friday. out of the frying pan am into the red power payday loan companies offer and crippling interest rates are replacing banks and credit in britain for people looking for a cashflow quick fix. and as egypt's first presidential campaign since mubarak's fall gathers pace there's criticism that the country could well end up with

a dictator as its leader again. thanks for joining our team with me karen arace it's eleven o'clock here in moscow syria remains mostly calm after the u.n. brokered cease fire between the government and the opposition came into force on thursday morning the truce resulting from the mediation efforts of international envoy kofi annan is the first in the year long island but as on a boy who reports from damascus with mutual distrust between the sides peace remains fragile. if the far in general has been holding the syrian army has been keeping its word of not launching any major act tax against opposition targets now the army theory is this they do reserve the right to respond

to prevent cations and to react tally if their units of being hearing reports of isolated instances of violence there were three explosions throughout the country one two ways in which a soldier was killed during a roadside bomb explosion damascus has obviously been spared the destruction and violence that has ravaged some of the northern areas of syria but these tressa violence is still present in your daily lives people have to be wise about where you park your car and they try not to do that in front of the government offices of police precincts that young people are looking for ways to avoid being drafted into the army the economy is getting harder to cost of living is increasing drop us here and from my own observations here in damascus i can say that the political dialogue is of what many people here on the ground are really looking forward see or talks between the government and the opposition are expected to be one of the next steps

to implement stability in syria meanwhile in order to maintain the cease fire the un's most powerful body could give the green light to an observer mission to the country as soon as friday that's after envoy kofi annan briefed the security council out his ongoing peace efforts are just going to joins us live from washington no tell us what else can melt off the council session. karen kofi annan reported back to the u.n. that he was encouraged by the cease fire of hostilities in syria and urged the u.n. security council to send an observer mission as soon as possible we heard the syrian envoy to the united nations say that syria is ready to accept the observers in the meantime the washington basket edge of the u.n. reiterated that russia is very supportive of the plan and does everything it can to make sure the cease fire holds and a dialogue begins between the opposition and the government here is russia's without interest in talking about the crucial role of international observers on

the ground. even to adopt a security council resolution on the deployment of the advancer group over morning tours is crucial for the monitors to be on the ground to make sure that the new transgressions of the of the current the state of the world. is going to be detected that everybody most of the differing from. any human provocation we are concerned of the possibility of publications. russia stands remains the same and that is all parties must lay down their arms but for a cease fire to work all sides need to commit to it there's a lot of skepticism here in washington about coldly and its plan the u.s. accepted the plan but almost designated it as doomed even before the plan had a chance to work but so far it has worked the violence has reportedly stopped the u.s. ambassador to the u.n. susan rice described it as a brief positive step that's a quote obviously implying that this is star is not going to hold maybe not to miss

rice but to many it's clear that the ball is now in the court of the syrian opposition the last thing we heard from them was that they were going to organize mass demonstrations but we didn't hear much about their plans on engaging in a dialogue with the government take a listen to what the russian ambassador had to say about that. i am very concerned that in case of sort of large gatherings of people the possibility of provocations will be greatly enhanced so instead of instead of talking about demonstrations opposition leaders must finally formulate their attitude towards political dialogue . from susan rice's latest statement it became clear and kind of obvious that even though the u.s. accepted kofi annan plan which addresses all sides of the conflict not just the syrian government washington still seems to put a always sponsibility in the hands of the. syrian president and never mentions the

opposition which also has to lay down their arms. to discuss the international reaction to the syrian a cease fire i'm now joined live from the u.s. by lie or. who is a political analyst with be heritage foundation now however fragile the troops still seem to be working so far and it comes just a few days after the u.s. special representative to the u.n. susan rice accused russia and china of being too lenient with president assad even saying that they have blood on their hands why such a lack of faith that a peace plan could work is below their will first of all who would be sort of sneaking on my own and i would like to see washington i was older western worse turkey as well they have over there all they really don't want peace we have the current government of syria they won't be for all of the course of syria so they're

really worried about the possibility of feet negotiated peace. but those were the books and he does of course you know he would succeed they would prefer to fail so that eventually more pressure could be upon the syrian regime. of course recovered so that the saudi port of poti that has to be kept to the united states for us for reasons for their western powers who appear for us the british government germany turkey wealthy out of states like saudi arabia qatar and i pulled out of it where it's they don't want to be syria or we're going to be a one proceed. for the such a peace process social peace plan would have to face very much in the western powers are they still blame the syrian government for not complying entirely with kofi annan spun while failing to mention the opposition's commitments why do you think that was good because that precisely they so they are one sided they do

support your position is their efforts need to first to provoke the fall of the. regime it's so they're either supporting the opposition diplomatically or we've big salaries like wealthy arab states like saudi arabia qatar said that they were going to pay the salaries of the free syrian army or providing them with weapons of perhaps even with special forces operating inside syria in violation of syria's so pretty so that these recent why do you blame this in. your position because they backed the opposition blatantly and they want to provoke a far or for the serious for them the decision to send a u.n. monitors mission to syria that's something russia has been calling for for a while now and might be adopted as early as this friday what do you think should be done to make it different from the arab league observers mission which

essentially failed well in these in regard to it was be. the most observers it made for a truly impartial court treats. of stakes here and balls. they are going to be. subservient to let's say it was either another. really interesting piece of the understudy if you don't know obviously if people feel good because that will be the right thing the fulfillment of the points of the coffin that have to deal with this is for the sensational broilers so i would need . to put the course of action by action very briefly now turkey has hinted. they ask for nato help to protect its borders after gunfire from syrian skirmishes reached its territory just a few days ago what do you make of these statements and their timing well it's a dangerous the situation because we're talking no it's ots think the interim that's internationalize they called nato involved of course is we

have to be very careful about these sort of for syria because what if the opposition itself and next time they could provoke like the germans did to get support that thirty september. period like there is syrian troops were in fight there are parts of the free syrian army that want to precisely to provoke a through the national intervention and thirteen was to be very careful with the idea of supporting your position with what was because the us does for remember that the p.k. k. the kurdish workers party has been very active you say that it's ok to turkey's cordy started these weapons could return. into the hands of a p k k that restart that major war inside of the riches so really it is a very very tricky situation a search must be very careful about what they are seeing all right thank you political analyst lyall live from the u.s. thank you. channel your watching our team has unexpectedly been listed as an

official enemy of the stonier and an annual report released by the baltic states geraghty services one of our correspondents also found his name among those deemed to pose a potential or real threat to the country earlier i talked to the man in question alex a had a chef ski who shared his view on what might be behind all of this. that certainly is one impressive list along with r t r station and me personally on it it's also the russian foreign ministry the russian foreign minister sergei lavrov as well as several russian stations t.v. stations channel one and there were and other stations surprisingly enough even the vice mayor of thailand who is known for his pro russian stance he's also on the list of a potential threat despite being a lot of authority in the story and capital also surprisingly enough there are also concepts not only the names but concepts and historical events on this list like

the great patriotic war the kremlin and even the relocation of the monument up to the ground soldier big scandal in the story of several years back also on this list of potential and real dangers to the country this is well not a surprise because this has happened before. one of my colleagues reported back then he was denied a visa when he was trying to fly to a store near to do a documentary about neo nazis and united in the country and later three years later into two thousand and ten one of our crews were and was detained at the border of latina stonier for filming and i fascist rally their peaceful demonstration so this is not a surprising thing that a story of puts us on the blacklist is just personally i'm surprised that i'm that they weren't personal this time and we need directly on the list i've been to stonier three or four times in the in the course of last three or four years and mostly film stories about how the those of power actually think the russian minority there the burning issue of glorifying the former nazi collaborators.

is the one issue the one case which may be the reason for his thorn in the thirty's to put me on the blacklist is when we were filming a story about how summer stone ians have been unhappy being part of the eurozone and how some of been speaking against being in the united group in currency we are actually used to the fact that the authorities have been. interviews to r.t. but this time the finance minister said that he would like to give us an interview we came to his office waited for more than an hour there and then suddenly his secretary said he doesn't want to give you an interview i was so much insulted by that unprofessional approach and i tweeted about this fact curiously saying that this is not the way things should work out where you are being denied an interview straight in the minister's office maybe that was the reason for the story or thought used to blacklist me and the station i don't know i just have to wait and see whether the explanation for that but certainly it's very interesting to find my

name on that list. delusion it's not only governments looking for crisis cash as bank credit dries up for those in desperate need companies providing so-called payday loans are booming offering money but at a very high price as artie's or smith reports short term funds often lead to long term debt. leaks played into one dot com says 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. line then basically what happened next month is our five hundred one there are going to pay back about one hundred sixty one on where our stock in the four that was in our struggle compared to what our getting

is it's not until recently payday loans with the preserve of the desperate fast easy no questions asked cash they catch punitive interest rates in some cases a staggering one thousand seven hundred percent a year because 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 new credit card good people don't want long term debt because they're worried about the future income stream. so the ability to borrow just the money you need for a short period of time many people are finding much more up on stage the running up long term bit on credit cards as bonds hey just 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 deficit hawk trust people on average twelve hundred pounds and forty percent of the borrowing but it's a pay the basic living costs even more worryingly moved up to forage for a payday loan company to pay off another. pay to go home now the average pay day poorhouse for loans from different companies and they're constantly targeted by the firms both somehow managed to get my number as this one company these are the different markets techs to me and say. you want to do you want to buy a line use it we've accepted use the chance to get your loan and then it is all these different companies texting me nor is me really because i think. why would you want to get somebody in debt like this 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 to go cold turkey to get out of smokin. cold turkey thinking. and you want to do that would you be able to call to my laura smith party kept. debt crisis in europe had seen a brief response after greece narrowly escaped default but now it's flaring up again with spain being in the eye of the storm max keiser and stacy herbert give their unique take on the situation in just about fifteen minutes. a lot of easy money courtesy of the european central bank may for a calm start to two thousand and twelve but of course spanish bond sale last week signals it may have only been a law well before the debt storm breaks analysts warn while i think of it more as a debt do really work that well you take a country like greece you stick it on the farm do fork he didn't get into the debt

and then you serve it have to go through j.p. morgan with little oh all this debt fund is great now spain is being thrown into the debt fondue. thanks for being with r t egypt is preparing to vote for its next leader with the first presidential poll since the fall of mubarak scheduled for next month the election has been overshadowed however by a controversial candidates accused of offering no promises as if you negotiate splay it's a big democracy egyptians fall for is anything but certain. the list is long but the choice may be limited with just the world all over a month left before the crucial presidential polls they contain is off to start the liberal candidates believe this election is vital in terms of whether the egyptian revolution will sink or swim and. today the revolution is it is transitional period and it's not clear whether it will greet its final destination and its goals of

freedom and social justice haven't been reached shared by many my hope he'll get through committee will have to sift through more than twenty names on the list of those could plied for the country's top job but they aren't the ones faced with a crucial choice. if you. are not now there are. such things. as the copts all know many of poland people not the people of various cleared of the islamists who had been unleashed deliberately by the by the military so the people would have control. these are. military the people should all of. them as the people shop 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 islamists 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. as you know the company this is an ideological with a libertarian organization measured the communist party wins in america and says we will not. impose we will respect the people is who would believe such a thing to be read through something like bed. but not improbably do become powerful we wouldn't follow the program the alternative hosni mubarak's former

prime minister foreign minister and chief of intelligence are hardly the better option as many here they would return things back to where they were before their revolution. likely. just because from the source. to the user they see. just winning clearly over there. so i don't want to. play. like she's. saying i'm not going to get you. and thus the much lauded presidential election in egypt may turn out to be just another big disappointment in cairo in a go. all right let's take a look at some other news from around the world a sour palestinian leaders have 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 yemeni soldiers continues for a fourth they are running over one hundred and seventy people happen killed in the fighting and airstrikes since monday and surgeons have been attacking army barracks trying to retake the strategic southern town of motor. it's the latest in a series of deadly confrontations all in you know for housing which forced. all the out lost some their own power. the international criminal court has confirmed that saif gadhafi be imprisoned son of the former libyan leader was tortured and abused since his capture last november and just a gator's i met him at a detention center near tripoli or earlier in the small of 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 at trial at the i.c.c. would remove the threat of the death sentence if he's convicted on charges of killing protesters during last year's uprising. all right it's twenty three minutes past the hour and karen taraji and i will be back with a recap of our top stories just after the business with dimitri join him in just a minute for the very latest.

and warm welcome to business as he would need an easy method nko the russian government will be easing the tax burden for companies which are working on the arctic shelf now a new projects will be exempted from export duties and will have lower extraction taxes president elect let him approves and says these special terms would last for

fifteen years the government leaves this could help bring more than five hundred billion dollars of investment over the next thirty years. well that announcement came after the close of the russian market so we'll have to wait for friday's session to see a reaction secular to what's going on elsewhere in the united states the dow jones and ours that are up one point three percent at this hour this is on up to me and of course coming from wholesale prices report noting that they are flat and that energy prices are actually forming meanwhile the fed had a meeting today which basically indicates that interest rates will still remain the same and that's providing more optimism to the u.s. market. over in europe but also looking pretty positive for the other dax ended the day up more than one percent this is of course all eyes on the tally in-born auction which took place today and let me put it this way of went better than fear although borrowing costs actually rose we did see demand higher than supply about

one hard time. to move on to currencies on the back of the bond auction the euro is nearly massively versus the dollar world the ruble inverse the session was gaining against the basket of currencies. in the commodities we are seeing a recovery with light sweet up almost a dollar brant one and a half dollars almost as you can see there this is on the back of those energy prices actually going down in the united states and on the russian market we saw a mixed ending of the session with the my six doubt. the r.t.s. on the back of the strengthening group will now be my sex so was moved by absent as shares they were down two percent as the company decided that it would borrow two billion dollars in order to modernize its car production facilities but i would have source saw an increase of heart of persepolis spirit maker was was up in its

second day of trading and the gazprom is down we'll keep an eye on that stock in friday's session to see a reaction to this new incentive to ease the types burden be in russia for companies that altering the arctic shelf and that's it for me my colleague martin of course will still be here eight twenty moscow time am i mean of course and the headlines and i cannot see. the.

lead. come up. the muck. a muck a muck. come under the text. this is true still keeps it seats but now it's time some of the feel up to some of the asylums and artists.

illinois. it's. just so. just so. smug it's. lucky.