the second day of an historic first egyptians are set to cast their ballots in the final round of voting in the country's first presidential election since the fall of hosni mubarak. fresh talks pending on iran's nuclear ambitions with tehran refusing to bow down to foreign pressure swap raney and for incentives implored. nazis in the nursery outrages and in s.s. uniforms give history lessons to the country again on the five way to trace its role world war two.

and welcome to r.t. world news twenty four hours a day. egypt is preparing for the second day of its historic presidential election to decide who replaces ousted leader hosni mubarak number of former regime officials and the islamists are the main contenders welfare's remain that the ruling military won't give up power. has been following that. election fever has gripped egypt with a record number of voter turnout expected in these the first probably contested presidential elections in the post mubarak period i'm standing at one of the schools which has been transformed into a voting station and although there is a large number of people arriving here to cast their ballot the numbers have been drawn from the number of security personnel hundred fifty thousand troops have been deployed with regular and military police patrolling the. and also the entrances to

these voting stations now this comes on the back of growing concern that the military will not from a true to its would to hand over power once a new president is an announced the other concerns are also the role that these lamas will play in defining egypt's future and here interesting enough the islamists have not feed as well in these elections as they did in the parliamentary elections several months ago and this is partly because of poor management of the parliament and also because these lamas went back home they would not to field a candidate for these presidential elections but by and large most egyptians do believe that these polls will be fair and this is despite reports of some election irregularities we're looking at some fourteen thousand judges who have been deployed and just under fourteen thousand polling stations now the voting will continue until late tuesday with the counting expected to finish sometime saturday or sunday at this stage though it seems highly unlikely that any of the candidates

will receive a fifty percent majority which means that they will need to be a runoff come the middle of next month with a final announcement expected on the twenty first of june in terms of who egypt's mixed president will be that president will have his hands full he will need to deal with the rampant corruption poverty and unemployment are r t cairo well pickel analysts. danny in cairo says the main contenders don't represent the revolution and it's not even clear what powers the new president will get. if an islamist is elected they are concerns about the fact that it should stifle pluralism parliament in egypt is already dominated by islamists the drafting of the constitution is being done by a majority of his image as well and the fear is that they will put in place an

equally authoritarian regime but based on religion now we former member of the mubarak regime was elected then the fear is that. this person will not. challenge the the structure of the mubarak regime and he will not challenge also the military's grip on politics the responsibility of the new president haven't there hasn't been defined yet the new constitution hasn't been drafted yet so this is a major stumbling block to democracy as. you know people have voting for somebody who doesn't quite know which power he will have to hold. iran and six world powers are expected to return to negotiations late on thursday after exchanging the mines during a fresh round of nuclear talks in baghdad but world powers want iran to stop its

uranium enrichment exchange for incentives something to iran infuses to do they in turn declined iran's calls for an easing of economic pressure on the country steady pressure sanctions are expected beginning just over a month targeting the country's oil and nuclear sectors as well as international trade links the u.s. and israel have indicated a readiness to attack iran that diplomacy fails to curb its nuclear program british political analyst chris bambery says. if it has become a matter of national pride for its people they won't easily give it up. iran is of course virtually surrounded by american bases not just the american presence in afghanistan so they're ratcheting up the military pressure in the oh it's associated with the tensions over syria so there is a being going on here which is a very dangerous game many people who would not support khamenei the supreme law would take a position on this because it's an issue of national pride and i don't really think

the west understand just how far that goal is and how deep the record of people's memory and understanding of western western involvement in iran is which stalks resentment of the west treating iran somewhat or child and refusing to accept the repeated promises and statements that this is a peaceful nuclear program i think it's ironic that we have a british government telling around you can have a nuclear program which is replacing its tried a nuclear missile defense so-called defense system and is expanding its nuclear program you know so it's ok for the brits and it's ok for other europeans and north americans why not for randomness double standards here. here with r.t. and still ahead for you this hour caught in conflict for hours face more criticism than even the call with syria we've got the latest on how the violence there is spilling over into neighboring lebanon. plus a state secrets on the silver screen how hollywood was given the inside track on

great capture. the european union wants to keep greece in the euro club pledging to stand by it only if it sticks to its financial commitments the country's economic turmoil was the main issue facing is that they are informal get together in brussels eurozone is taking steps to safeguard itself from a possible greek exit which could follow the country's elections in june france's new president francois on steering the focus towards growth calling for a new discussion. on joint regional barring something germany has long spoken out against calling for belt tightening instead john locke learned of the institute of democracy and cooperation e.u. is trying to scare weeks into accepting cuts. i think that on the one hand the warning that contingency plan should be made is a realistic one because i think that there is

a very dangerous very great danger that the euro or a very great probability that the euro will break up but even though i am a long term critic of the euro and the euro project my view remains that the european political class will do anything and i mean anything to keep it together in other words i think that this call to set up contingency plans is in fact brinkmanship the european political class by issuing this warning is trying to make it clear to greek voters that they have to choose the euro and they have to choose the austerity program the elections are going to be elections or at least unless there's a military coup in greece which by the way i don't rule out or some other kind of coup elections will obviously decide it the strange thing is is that the leader of the new left party the man who emerged really is the effective winner of the original poll and who may well be able to form a majority on june the seventeenth he says he wants to keep his country in the euro but of course he doesn't want the austerity plan now if he were to be elected and to really go minister to promise he's promised to do then i have to say i think the

game would then probably be on the rug would be pulled on the so-called bailout plan and presumably there would be some kind of collapse in greece some kind of default. the status of facebook's c.e.o. mark zuckerberg isn't looking too good right now is companies once again facing lawsuits social network's market launch on friday resulted in a sharp share price nosedive for several investors set to take legal action against the company as well as the banks involved in the nation escape the timeline straight now from marty's going to try to get. a group of investors as launched a class action suit against facebook and several banks now the u.s. securities and exchange commission as well as the financial industry regulatory authority are also looking into a possible fraud on the first day of facebook stock sales last week investors say they lost billions of dollars because the banks which prepared the initial offering price beefed up the price knowing that facebook's latest performance report showed

we can grow so the claim is that a select group of participants in this i.p.o. which includes facebook itself and investment banks like morgan stanley j.p. morgan and goldman sachs drummed up invest the sport over the social network stock in the run up to the i.p.o. put a price tag on it of thirty eight dollars per share while withholding information from the public about facebook's weakening growth you to facebook's expansion on mobile devices which means that they get to sell less ads those are the allegations needless to say that the shares plunged in the coming days that now stabilize that around thirty two dollars those who lost are those who bought at the initial offering price price put forward by morgan stanley j.p. morgan and goldman sachs as it happens on wall street somebody made a killing certainly not the small investors who believe the assessment of those companies it looks like it's going to be a long process the law here is tricky as to what could or could not be considered

as withholding information but many are sure that the excellent lawyers of those banks will certainly find a way out of this after all of those banks namely morgan stanley j.p. morgan and goldman sachs pulled off much more complicated schemes the ones that led to the financial crises of two thousand and eight when they played around with mortgage backed securities not only did the crisis hit the u.s. economy but it affected the whole world and nobody was prosecuted for any of that so the facebook i.p.o. was probably like a walk in the park for them analyst. several reasons why corporations can get away with a lot on wall street one of them is the complexity of the operations went on the insiders understand what's really going on and the public can be easily duped and another one the government is not very eager to regulate them going to check on their financial analyst margaret bogan reef believes facebook's finances will not

be too badly affected by its drop in share prices this is the whole story would have been burst some flotation bubbles. there are two pricing issues what we're seeing from you know kind of the release of documents and people speaking is what these insiders did is they price the fee for the stock in two different ways they said retail purchase thirty people like you when you will pay forty dollars a share given the information that that has been released from facebook but insider or institutional investors will only pay thirty two dollars a share and that is arguably where that thirty dollar a share price came probably spoke with actually pretty upset given the you know delay in the nasdaq watching given the technical glitch and i don't necessarily think that that's related to the entire trading but i do think that if anything it's just showing that there's competition between these exchanges i always thought it was a little overpriced i think it's just one of those things that you know everybody

knows what facebook is i think there is a significant value there i think at some point you know social media is going to learn how to monetize you know all the eyeballs that are hitting it every single day i don't think that this is going to destroy the company but i do think that we're going to see kind of a pop in both the i.p.o. bubble and just a tadpole generally but more analysis on facebook's i.p.o. downgrade that dot com days what else is lined up online. thousands of students in canada unites protest against a huge tons of rising tuition fees france's adopt you know agency there was an attempt to restrict rabbits. the top was to go to the psalms talks to ecuador's president on the dramatic attempts to oust him and his defiance of washington see the interview shown on t.v. dot com war oh you tube channel. protests have been held across syria demonstrators showing their support for

a cleric shot dead in lebanon his killing on the recent kidnap of thirteen lebanese shia muslims returning from a pilgrimage response massive unrest. clashes have left a dozen people dead in lebanon in the past week alone as the conflict in syria spilled into neighboring state russia has warned western and gulf arab states to stop fueling violence in the region and come clean about the natives until at least frank. root says foreign heads we felt trouble streets there's plenty of powder here but there's also plenty of sparks going on even new seeds being in a hard to rock south beirut here my neighborhood there were young men on the streets and threatening the general peace quiet she's at the universities here at st joseph's university it does feel. very very tense here and hopefully the wisdom of. leaders dampen this by let's be frank the americans have tried for years

to reignite a conflict here between the sunni and the shia that's clear jeffrey feltman has made a many career of that since two thousand and five also the goal of countries and cart. are still to come this hour brain drain in reverse the u.s. is facing. the children of immigrants decide to leave the country and parents chose for a life threatening by. its both six states divided over the soviet period of its past and now that fear see that society split once again this time about its future has been outrageous to nazi sympathizers there in the video wearing off an s.s. uniforms giving history lessons in a kindergarten introducing the hot seat weapons to three year olds what is next in russia has the story. this was described as a lesson of patcher it isn't in a kindergarten in riga. was. in fact the man who

wore the uniform of lot of years as sas legion which fought on the nazi german side in the second world war one of the outfits even boasts the notorious thunder like symbol moreover they let the three year olds play with real nazi weapons this is a grinning police ring and buying just like a party popper during christmas despite nazi symbols being outlawed in law to be along with soviet emblems no legal consequences have followed so far the owner of this kindergarten who is also a right wing nationalist party member sees nothing wrong. with this is our history and no way to tell our children who the legionnaires were you see in this kindergarten and i will decide how will teach our children how we will make them proud of their country and its warriors but the incident has sent shock waves across the land this woman asked us to hide her face fearing nationalists could

abuse her after the interview she says her family will now have to consider her four year old daughter's future education little teen with normal it some thinkable things like that must never happen close to children and i'm strongly against it i'm scared if things like that become frequent i'll have to take my daughter from the kindergarten and keep her. in the head of a lot of his anti nazi movement says the incident is not a one off such lessons he claims occur on the regular basis in schools nash and wide. they usually happen on sixteenth of march known as the country's legion day when former assets fighters marched the streets of riga along with right wing politicians and human support is similar gatherings happen and you only in another baltic state with a difficult history as. a parliament. i remember speaking at the european parliament trying to convince deputies not love is a nazi free country now i have to admit to

a great shame due to the action of some movement neo nazi ism girl stronger here with the youth don't understand the horrors of naziism and easily fall into this propaganda since gaining independence the baltic states have been vocally critical of the soviet period of their history calling it an occupation those who fought against the u.s.s.r. are called freedom fighters by some here even despite the fact they were allied with a genocidal nazi regime the most murderous in history what concerns many here now is that such lessons of graduate ism in the long run will not teach history but simply breed a future generation of neo nazis in the heart of free europe this latest incident has once again shown how divided the lobby in society is about its past and while the people here are still trying to determine whether these men were right or wrong many still agree that bringing real weapons to three year old was a major offense at least from a moral point of view. r.t.

reporting from riga in latvia more stories from around the world now this hour. fire has broken out in a u.s. nuclear submarine maine injuring four people because of the blaze is not yet known but the vessels you can react to it was not involved in the weapons aboard the sub docked at the shipyard for system upgrades. it is in military tribunal is seeking the death penalty for the country's ex-president to lead to saudi arabia as protests swept the country in january last year and here ben ali has already been sentenced to sixty six years in jail on charges ranging from corruption to torture more than three hundred people were killed and many more wounded during the uprising that ousted ben ali and sparked the arab spring revolt across the region. the pakistani doctor has been sentenced to thirty three years in jail for treason of the help the u.s. find a song of bin laden jocular afridi was accused of running

a fake cia vaccination program as part of the hunt for the former al qaeda chief u.s. special forces killed in larger covert raid in the garrison city of about about last night. or bin ladin might be dead but new life is being breathed into the story of his capture and killing many the details of his assassination have remained state secret but not it seems if you're a hollywood filmmaker an oscar winning director being granted special access to the white house political reporter josh gerstein thinks it's all part of a p.r. campaign ahead of november's presidential election. it is reason really puzzling you may remember there was a big burst to publish that he had day or two after the seal team raid that killed osama bin laden and then all of a sudden at least publicly the administration put the brakes on and said look there's been too much talk about this it's getting out of hand no more information should be put out were troubled by what's come out already well it turns out behind

the scenes they continue to meet with these hollywood filmmakers and to give them at least some sort of pretty interesting special access not just to the decision makers involved but even to some of the secret places that the cia used to get ready for this raid they were just so eager to get this story out because they thought it was such a beneficial story for president obama triumphant president to do it you know killed bin ladin something that his predecessor had not been able to do so there's no question this is a very politically potent story so whenever you hear about secret deals being made to get certain people information in a way that might benefit the public narrative you do have to wonder if there is some political motivation here. and states is now facing a harsh competition from growing economies and saying tyson way it's highly skilled entrepreneurs. the american dream and the children of immigrants prefer to go back to the countries their parents. life that.

karen asia is an american citizen pursuing his professional dream in a country his parents abandoned decades ago the twenty six year old relocated to one of the world's fastest emerging economies seeking the success and security that america just couldn't offer i thought that in india there was more scope to actually break through and do something that was revolutionary rather than just full of the trends the berkeley graduate has launched a health care business in new delhi providing medical services to people of all ages and asia isn't just an entrepreneur he's the face of a growing migration trend which shows highly skilled children of u.s. immigrants moving to less developed lands abroad for a better quality of life if you look at developing countries india especially. there's a very different type of entrepreneur that comes out here there's things that are tangible that you can see being fixed and i think that's one of the reasons why people are coming out here there's a different opportunity here you can do something and actually see the fruit of

your labor today's u.s. labor market currently offers only one job for every eight applicants and while youth unemployment remains above sixteen percent my parents i always tell them like you know like any kind of security you think you have is completely false because anything could happen and you could lose everything armed with a degree in environmental geography and public policy. hasn't been able to land a secure job since two thousand and eight when i started applying and i just wasn't getting any response i was completely like at a loss i don't know what to do the twenty seven year old will soon be relocating to india where she plans to launch an environmental nonprofit organization for sustainable living she says the american dream her immigrant parents chased three decades ago has become something of a nightmare one of my main reasons for. not wanting to live here is if i start a family so i don't want my kids to deal with what i had to do. with in terms of

like going to school paying one hundred sixty thousand dollars for an education that didn't really get me anywhere and you know god knows how much it's going to cost you know in the future a rapid exodus of enterprising americans may cost the country its economic supremacy and competitive muscle if skilled innovators are chasing brighter futures outside their borders many experts say the land of opportunity stands to become the land of last labor i can assure you from countless talks i've had with big business leaders you in new york. that they agree most large companies that are multinational corporations are referring to the united states these days as a quote unquote mature economy that's a polite way of saying no growth anymore over the decades india was dreamed of its best and brightest as millions fled for a more lucrative life in america today's trend may see that brain drain in reverse

. archie new york. without a check in with business to the marinas there you know what you have for this hour hi carol all the russian markets will open in about a half an hour from now so right now we're looking at asia which is the only one trading and five and the figures there are in the guts of territory investors are really digesting the details of the new summit in brussels which i'll talk about in a minute also we have a local economic data when it comes to china its manufacturing activity contracted in the month of may and that was a middle course and then export of conditions for exporters of us is according to a nature is based in survey an analyst says that the data calls for a more aggressive approach to this in a policy that says that relate growth again now stay with asia china says that it will encourage private investment in energy railways and salak on sectors their pledge comes as the country is the growth driver which is the export sector has

been hurt by falling global demand then china's economy expanded by an angle right eight point one percent in the first quarter and this is the lowest in almost three years and something to look at how some of the markets and of the session on the wednesday will start with a us as you can see it was a mixed picture at the end some of the stocks managed to recover earlier losses and that was because investors were looking for signs of hope that they were there would manage to recovery even if greece did exit the euro zone if we take a look i mean it's now they are all this summit in brussels our leaders are looking for ways too. growth in his own once again and germany is resisting pressure to issue bonds to gather the euro zone day and it's the late growth and ease the crisis there in fact markets as you can see reacted with the sharp losses on that day across the board. there was pretty much a domino effect in markets worldwide now that all of this was of course mainly prompted by fresh ears of

a greek exit and when it comes to that we know that if it doesn't exist from being euro zone it could make russia's economy contract see point one percent in the first year it's all there in the countries where a bank says a greggs that as it's now will also see its inflation to almost seven percent i should say from the current five percent and that's because europe is responsible for half of russia's exports mostly energy and this is also expected to drop and points. probably here in russia it's now in the hour ahead of the opening bell it's a half an hour about an hour until the time i tell you about what the bankers are like and as you can see on wednesday the markets took a beating here as i said and it wasn't only from the gregs that three years as a dimension but also from fall in crude prices if we take a look at what happened there first of all it's a day they are rebounding with see that they're back in positive territory and scape in seven months low and this is a boys

a sign of relief for russian investors yet and this stimulation here crumbs that amid speculation that china will take action and stimulate growth once again when it comes to currencies the euro is even more flat than there was last hour against the dollar and of course when it comes to the ruble these other figures from wednesday session when they lost against both major currencies and that's also it will be updated next hour for you that's it for me carrie looking forward to telling you about the russian market something new next hour or care about that next hour as you say thanks very. much our interview show spoke to. writes his a coming up in a few minutes on a recap of today's. world

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