but the legacy of atrocities. they tell see. the euro crisis looms large over the g eight summit in america with president obama expected to urge moral rescue measures from the e.u. as he upped his campaign for reelection. last outrage in iran over plans to merge two of america's gulf allies switched iran is calling a u.s. plot to reshape the region. egyptians may have hoped the revolution would bring them change but it seems it is only broader rocketing crime rates and unsafe story . it is good to have you with us here on r t today we're coming to you live from

moscow worse just after seven pm now as the u.s. president hosts this year's g. eight summit he's expected to pressure the eurozone members to apply a more expensive bandage to the open single currency wound but barack obama's admitted to having his hands tied on certain issues as a reelection worries dominate his thoughts with more from washington azziz and he said. there are several challenges for this year's g. eight summit one is facing its host obama has his hands tied with an election coming up in november a lot of focus for him on trying to stay in the white house so he's going to have to balance domestic and international considerations at this camp david summit something that's never easy but even more so when you have voters to please and global leaders to reassure it's always a difficult thing to do even more difficult during the election he has in one sense to reassure american allies that america has remained strong and committed to the g

eight and it has an important role to play at the same time he has to be sensitive to what his constituents in america are thinking about domestic concerns the economy unemployment housing all of the things that remain an issue the obama already told the world that more ready to compromise on global issues through the election given it was by accident in the hot mike sit down with dmitri medvedev but with that incident aside many experts say that it's very unlikely we'll see progress on bilateral issues with russia per se on missile defense or ron's nuclear program in the election year now another challenge facing the group as a whole is the question many are asking does the g. eight format still work it's true that most countries of the world see the g eight as outdated most countries in the world don't recognize the the singular leadership of the united states and its western european allies so in terms of what might come

out of the g eight i think that again substantive policy decisions are unlikely rather this is going to be a much more much more geared towards padding obama's image as the host of the summit and showing the world that obama is this sort of a uniting uniting force rather than the divide. the force that he has seemed to be for the for his first term now in terms of uniting one of the main goals and focus of this summit will be the euro crisis is the goal there to try to get the new french president on board with all of the massive austerity cuts that we're seeing throughout europe this is something that european leaders will certainly be looking for obama to try to unite all of them on how to move forward with that but again a lot of critics think the g. eight is an outdated format and then you have all the speculation as to why president putin didn't come perhaps it's because he doesn't understand how important the g twenty is especially when it comes to the financial turmoil that

we're seeing across the world not of course will be held in mexico into reporting from washington and he's now a r.t. . this year's g. eight is looking increasingly like a euro crisis summit with a german led focus on austerity likely to come under scrutiny by the sunday cuts sentiment is spreading fast across the whole of europe along with fears about greece leaving the euro we report on the gathering storm clouds in just a few minutes. this is artsy pro-government demonstrators have taken to the streets in iran to protest against what they are calling a u.s. ploy to reshape the region tehran's on happy about plans by two of washington's key allies buck rein and saudi arabia to cement a military and political alliance the islamic state fears washington's orchestrating the unity push to force it into a corner iran has summoned back or any diplomats for an explanation and this

pro-democracy protests in bahrain have again been met with brute force as police dispersed the latest rally with tear gas and rubber bullets one iranian professor told me that america's gulf allies desperately clinging to power. this is basically for the survival of the dictatorship in baghdad. because the dictatorship of the king is immensely unpopular the vast majority of the people of battering want the overthrow of the regime but unfortunately the west supports the saudis and the dictatorship but what ron is concerned about is that the saudi regime will attempt to annex behind because the dictator in baghdad is immensely unpopular he is unable to keep control. in order to.

allow saudi forces to effectively occupy the country it's very interesting that the people about whom despite all this this small country has put up so much resistance and i think this itself shows the immense weakness that lies behind the saudi regime but the iranians believe that the fact that the united states supports the bahraini and saudi dictatorships also makes them responsible for the both the bloodshed as well as the current situation of large. but we are closely following the situation in bahrain online if you just head to our website r t dot com there you can find the latest updates for example dining out by the ruler of bahrain decides to abandon his kingdom torn by protests or all of this so he can attend the queen's jubilee lunch at buckingham palace. fisherman for sale north korea demands two hundred thousand dollars for the return of twenty nine chinese men captured at sea those details also on our website.

it's good to have you with us here on r.t. today ratings agency moody's has downgraded the credit scores of sixteen spanish banks to meet fears madrid may be next to fall should greece exit the euro zone it comes after billions of euros were withdrawn from greek and spanish banks just this week as people grow increasingly worried over the safety of their savings let's hear more about this now haiti at our business desk good to see you people in greece and spain with jorian their funds almost in a state of panic but how significant is this downgrade we're talking about here i think in these times of uncertainty it's really significant actually roy we've been talking about greece a lot this week but now spain and other peripheral country all of the euro zone

that could face leaving the euro zone now we talk about that economy in general terms we're already looking at a recession with unemployment at a five year property bust as well so it's just adding insult to injury right now to spy also another country i want to talk about as well because it's all to do with contagion if they see they've had twenty there were three of that bag the sorry i should say twenty stakes of that banks downgraded. so a lot of concern in the region right now so significant indeed ray many thanks for that and we will see you in about twelve fifteen minutes or eight are staying with our story a e.u. leaders are adamant that the eurozone must be held together but one expert the director of the bruges group believes the member states are simply too different to function as one of the european leaders aren't really doing what's necessary to generate economic growth within the eurozone and within the european union there is

a major problem with the euro but that needs it disorderly demand dismantling that that's what is required at the problem within the european union and the euro zone is a problem of growth and despair and imbalances caused by germany and we can't have a common see you in with many different disparate economies which need different levels of support different interest rates different fiscal policies but germany and the european central bank are forcing on countries like greece and spain and italy and portugal as well as other countries such as our land austerity cutbacks coupled with tax rises which of her economic growth condom is already on competitive as a result of being in the euro and they just are no in a major economic depression that's what's happening in those economies with massive levels of unemployment and really no no future something radical that needs to happen otherwise there will be more of the same and the same is a declining economy with ever increasing numbers of unemployment. the worst hit

victims of the euro crisis are the millions of europeans who have lost their jobs and incomes almost half of all of spain's youth alone are out of work and yet this is not stopping brussels from spending thousands of euros on bureaucratic hiring processes for ministers this report now from artie's tests are a silly. good income great working hours generous benefits career growth and essentially a job for life it's no surprise that the tens of thousands of applicants across the european union vie for permanent posts in the e.u. institutions are is one of them i applied because maybe i get the chance to become a staff member it's a job more secure can transfer to another position of their two years walking the halls of these buildings are thousands of men and women who want this massive uber shimmery managing the union for five hundred million citizens no doubt requires manpower but so many people are quite far out or talks players money is concerned

it costs between seven thousand and fourteen and a half thousand euros to simply go through the process of hiring one permanent staff there's an awful lot it's probably the same amount that a company would pay only creating a chief executive say of microsoft that's of course ridiculous by no means to fund the bill why is it that these stories keep on emerging i think in all honesty. e.u. officials who really matter they don't seem to care i mean they might say certain things but at the end of the day they are asking for more money year after year after year this time the e.u. commission is asking for a budget increase of six point eight percent for two thousand and thirteen taking the total amount to one hundred thirty eight billion euros about twenty three million of which will go to the european personnel selection office or eb so in charge of selecting potential permanent staff selected candidates are then placed

on a reserve list for about a year commission various e.u. institutions can choose if you keep people reserve list this list is only valid for a certain time off to which these people probably find jobs so where's the value added in that the cost of hiring people could be much higher we also need to select people on the broader. possible geographical bases so we need to make sure that people from all countries we present it there is an additional cost for that she adds that in an exercise comparing the cost of each new hire and twenty nine international bodies including the world bank and the united nations episodes average cost per person is still lower but in this context it seems like a where millions of jobless e.u. citizens are hanging by a thread critics say that no amount of justification is going to make this situation appear like taxpayers' money well spent yes or cilia r.t.

brussels. you're with r t it's good to have you with us today on air and online twenty four hours a day this is still coming your way in the program that are overly strong arm of the law but i'm go rages in the u.s. over an alarming rise in police brutality cases find out more in just a few minutes. well because for what you wish for that's what it gyptian is a learning the hard way last year's uprising and the revolution brought about change but mainly by destabilizing the country it's left people facing chaos and a massive crime wave of burglary and armed robberies from cairo artie's or nicholas . it's not just protests the disrupt peace on the streets of cairo just ask taxi driver. it was calm before the revolution one hundred percent where in a total mess now i used to drive anywhere wherever they can from never refused

a customer now i park my car in the garage at six pm and go home with a special security system on it so it would be harder to steal. robberies car thefts all have become part of a daily life in large cities like carver and alexandria since after the revolution many people say the police at times simply choose to turn away when a crime is being committed. all hell broke loose after the uprising i know some who escaped from prison there are still stealing and they use guys who steal cars for them and then use those cars to deliver cocaine and hash to drug addicts. people say this was something unheard of before the arab spring and the mayhem that followed the uprising of january two thousand and eleven many believe thousands of convicts escaped from unguarded prisons a crime wave has followed with egyptian media reporting more than twenty five hundred murders and some two thousand abductions since their revolution yet the

police are accused of doing little or the police a lot of respect a lot of. the tools that they had to work with like the weapons. most of the egyptian people for that this police has been treating my. for the last thirty years i would say for a long time maybe for six. this police is no nothing to us we are the police and that's why the minister charged with enforcing the law has a very different view saying the situation is under control. want to settle out of the shop you told the members of the people's council look at the results we managed to achieve in record time i'm sure that no one could have done as much as

we had a total collapse of everything and stability was non-existent i delivered all numbers regarding organized crime groups robberies and thefts they were committing and the achievements we've made. in the meantime until calm returns to egypt ibrahim and others will continue to close up shop early in his room before sunset fearful not only for their property and positions but for their safety and lives in cairo it even goes. and it will get the r.t. welled up in just a few moments but for now a massive explosion and fire have hit an ammunition dump belonging to russia's ministry of defense in the country's far east officials say a number of weapons exploded when they were being disposed off the explosions have been raging for hours preventing firefighters from battling the flames it's also forced a suspension of the translight be a railway part of which is located just a few kilometers from the site of the incident officials have deployed

a special and fierce aircraft to fight the fire two people are reported injured while more than two thousand been evacuated from nearby villages. all right other subject is syria as we kick off the r.t. world update now and thousands of anti regime activists have taken to the streets in the northern syrian city of aleppo but human rights groups are reporting that people have been injured by tear gas and live. balance also persists elsewhere with regime forces renewing their bond of the town over us than in an attempt to break up defensive lines set up by the opposition i mean why. the un chief says al-qaeda militants were behind the deadly suicide car bombings that killed fifty five in syria last week thank you moon also said the death toll from the crisis now stands at ten. three simultaneous blasts have struck an outdoor bird market in eastern back killing five people wounding dozens of others the

bombings took place in a shia neighborhood when the area was crowded with shoppers violence has decreased in iraq in the past few years however insurgent attacks on security forces and civilians continue in an attempt to undermine the shiite led government. a bus has crushed off a bridge in central vietnam killing thirty four and injuring dozens of crowded coach was traveling to the city of her chimamanda in the south when the driver lost control causing the vehicle to plunge eighteen meters into a river like over eleven thousand people die every year in vietnam due to traffic related incidents. well they are called on to uphold the law but does that mean they have to abide by it as well increasing cases of police officers using excessive force of spark public outrage across america and some fear it just might be too late to turn the tide. but in a culture of reports speak teeters since the small california courtroom gasp at the

video off a man lying on the ground screaming they're killing me while being severely beaten by police at first when thirty seven year old schizophrenia sufferer calley pharmacist appeared on corporative the officers gave him a terrifying warning. and. later in the video you can hear thomas repeatedly apologizing to the police and even crying for his father's how old. they continued their assault with tests and teachers she lost consciousness and died in hospital five days later it sparked a series of protests across california and demanding justice for victims of peace patella g s this was no isolated case while police officers in a neighboring californian city are standing trial for the down the county thomas

here in downtown l.a. people who came out onto the streets to remember the first anniversary after another is titled peace using the killing of dale garrett with blood increasingly on the hands of police officers across the country many people here say police are using excessive force. far more than necessary dale guard was shot by an officer twice in the back the police chief insisted the decision to open far fell within the rules but many here find it hard to understand how shooting a man from behind constitutes self-defense since nine hundred eighty three only one california cop has been convicted with killing on duty after oscar grant was shot dead a new year's day two thousand and nine the auckland officer told his trial that he meant to draw in for his taser not his gun you were sentenced to the minimum two years he was free month. but faddle police shootings are on the rise across the

state the latest just two months ago in the death of unarmed nineteen year old kendrick mcdade shot seven times during the watch turned out to be the false report of froggery community groups aids time the police came under the people's control laws and the justice system that applies to normal folks working people there's a whole different set of laws and justice that applies to the police i mean there's there's rarely any any form of justice that's brought to the police that i mean they break their own laws or they're about the really cases of police using excessive force happened primarily in poor mainly black neighborhoods but cali thoughtless killing in a wealthy middle class town shows the bonder isa pretty small island search shifting and californians one turn a blind eye anymore why do the question why archie reporting from los angeles california. next hour here on out so you are off to the kremlin we go as we explore

the cultural areas around russia's main tourist attractions a preview for you know. as kites fly in front of the kremlin walls and actors break in that character costumes clear it's. everyone loves to walk outside take in the beautiful surroundings and cherish the warm sunny weather when it comes to walking in the street you don't get much better. and don't worry if you don't know your bolshoi from your bullshit tourist spots aside moscow's entertainment scene is packed with a wide range of activities and place to go. and time to check in with the r.t. business desk i could be see you again there has been a lot of doom and gloom with this week but we understand that facebook's arrival is

a creating a bit of excitement for investors absolutely the only edge of that right now there's a party but a bit of a typical hit on the nasdaq so it's not actually started trading just yet and that's no surprise visitor and there's been a massive hype so right now we dark thoughts we're certainly going to find out in the next few minutes or so how much facebook is really now building up to the i.p.o. they managed to raise sixteen billion dollars that's how much they're expected to sell as well as that that actually means the company is now worth one hundred four billion dollars alice also i mean this is a big wind field for the company i remember it just began eight years ago at that point they had no way to make money off facebook prices at thirty eight dollars. and that's at the top of expectations now although. he's somebody to be kept and he says that the holding holding on to the stock could be overweight for investors.

it's being placed quite high while suppose i would be very surprised if the stock actually performed really well in the aftermath that maybe in the next you know the first two sessions. given that the demand seems to be a pretty high and more than even the issue but. the current shareholders are only settled in the placement but they're also sell afterwards reducing mistakes for mines are a lot of forward nesters already invested in that in facebook and such as private equity funds and that will cap it any gains in the spot and then the investors would look at performance i doubt it would lead to extra positive sentiments particularly because the money's been taken out from the market and demand has been taken out from from other stuff. ok so alice a general sentiment is that i don't expect that the prize will remain high after a week away two weeks three weeks but we'll certainly be following the situation as

i say technical difficulties at the moment but we'll have a look at the u.s. stocks and see how they're trading a right now they're still in the first part of that trading day we've got the dow jones gaining just the knowledge that the nasdaq was with facebook will place itself just pull basis points in polls to territory right now that's going to europe and say that they are very it will be end of the trading day now but the footsie down over one percent on the docks at nine basis points down just that both are worth a mention while we've got germany up on the screen bombs are at an all time low so that's the safe haven that's where investors are choosing to put them on a good situation with spain as well the downgrade of moody's of six staid banks today that's certainly a concern but the i bet is right now is that she trading which is bizarre to say the least moving over to see how all of these sentiments are affecting the common currency right now one twenty seven twenty six if you look at the variable right now that's how it closed up shop today is still trading but it left out the u.s.

dollar and the euro so it's a poor performance for the russian current say and that moves us nicely on to the russian markets in the closing figures will be able to say that it was a disappointing day indeed got the all just one point seven percent down on the might that one and of course that down in the dumps today if you look at not short of the stocks we'll see who really managed to lose out like that over three percent down. seven percent down yesterday some think in the product quality is going to be council we've also got gas from as well they're really taking a hit because they're anticipating the hmong to go down because of all of this is global on thursday probably about a low quarter of a percent they managed to really hold on to that towards the end of this session now let's talk about the russian markets and just give you a few details but this all into perspective for you know the last thirty days around. popa says and is now trading at around two year lows you can see that right there now it's not all doom and gloom because if we can sit out russia's g.d.p.

it did actually ride four point nine percent in the first quarter of this year that's above expectations and far stronger than any european and nations as far as the russian markets are concerned it's all about the international factors that are really playing that part as opposed to the domestics and talk about those markets so i can't talk about them without talking about those oil prices all important they are and they happen strong feeling this week and they do remain at around six months alone so that is the markets for now without public stands i am on the edge of my feet i'm still anticipating this case but the i.p.o. to take its place on the nasdaq site the next hour or see how it's performing car katie condo see the. value of their blinds i will go to peter live alone crosstalk just a moment. the

issue is that so much maybe you believe me if a lot of people you're in a burka germany and the future of europe and the euro zone a currency regime conceived in hubris and now it is collapsing in ruins can germany maintain.