egyptians vote for a second day but they're still in the dark over what powers the ruling military will grant their new president and whether the winner will respect the people's revolution plus. this is the police ring. just like a party pooper during christmas latvia's a nursery nightmare as nazi sympathizers are film showing off and says weapons in a lesson to kindergarten kids. iran's nuclear talks resume but progress proves elusive as tehran says it won't curb its activities with the west reducing sanctions.

four pm in moscow i match reza good to have you with us here on r t our top story the second and last day of voting under way in egypt to fill the presidential seat left vacant since hosni mubarak was forced from power more than a year ago thirteen candidates vying for the top job but without a new constitution it's not clear how much power the new leader will have or whether the military is even prepared to relinquish any policy or reports from cairo. election fever has gripped egypt with a record number of voter turnout expected in these the first properly 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 they numbers have been drawn by the number of security personnel one hundred and fifty thousand troops have been deployed with regular and military police patrolling the streets 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 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 numbers 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 at 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

overseen 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. r t cairo. some of those who took to tahrir square to usher in change or fighting no comfort from the candidates which they say doesn't reflect the revolution what's more there is a fear the new constitution could end up being a tool for the generals. the cloud hanging over this whole thing is that. the you know the military wants to retain all the power is this whole thing going to be academic if that new constitution wants get to temple amended in july or whatever you know what does that look like and right now it looks like the military will be holding all the cards once again it will be new boss same as the old boss type of

thing with just a symbolic president that has been elected by the people the knowns are that the military candidate should feet is not revolutionary and the rest are trying to claim the mantle that even the islamists even though they're in the opposition they're reactionary they're reactionary to the minors ations the secular realists what the revolution was really all about equality and there's questions whether you know the islamists are on the same page as those type of liberal principles and values. you've got the world at your fingertips at r.t. dot com here's what's a click away right now the details of the u.s. new weapon in the fight against al qaeda propaganda which is more than g.i. . he's the real bad man who jumped out of a plane without a parachute and landed in the record books the freefall footage on our website r t v dot com.

a kindergarten in latvia has been dragged into a dispute over teaching tyranny after its toddlers were given a lesson by nazi sympathizers including getting hands on with s.s. weapons it's a vital schooling about their country's history but as alexie or shabbes cura ports there is a fear of the nursery age indoctrination. this was described as a lesson of patcher it is in a kindergarten in riga. was. the fact that the man wore the uniform of lot of us 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 a lot 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. history and no way to tell our children who the legion is will we see in this kindergarten and i will decide how we'll teach our children our we will make them proud of their country and its worry it won't get it 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 a four year old daughter's future education that all teen with normal it's unthinkable things like that must never happen 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 why'd. 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 a great change due to the action of some movement. stronger here within 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 them 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 but three year old was a major offense at least from a moral point of view. let's see reporting from riga in lafayette most stay with us here on r t still ahead face flop is from the old facebook investors who snatched up the company's shares in a record time are now filing a lawsuit alleging floatation fraud. and running for reelection and why a movie of osama bin laden's killing is the new abode capturing weapon for

president obama's marketing machine. but first iran says it won't curb its nuclear program unless it sees some sanctions dropped by the west both sides struggling to reach consensus that talks in baghdad over to iran's nuclear ambitions after no diplomacy for more than a year western envoys offered iran much needed aircraft maintenance and nuclear safety cooperation in return for tehran halting a higher grade nuclear enrichment iran offered u.n. inspectors visits to a military complex suspected of carrying out nuclear tests but the west refused to budge over emitted new sanctions that will hit oil exports the country's main source of income iran says more restrictions won't make it yield on its nuclear program which it says is only for energy and research political analyst chris bambery from the international socialist group expects iran to hold firm. iran is of course virtually surrounded by american bases not just american presence in afghanistan so they're ratcheting up the military pressure in there oh it's

associated as well with the tensions over syria and as we were hearing that in lebanon so there is a. being going on here which is a very dangerous game many people who would not support khamenei the supreme ruler 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 west 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 the military buildup in the gulf is particularly dangerous for those who would call the end of the one thousand eight hundred iran war the americans intervened on the side of iran iraq when they were seemed to be winning the war and shot down and really in civilian airliner with over two hundred eighty date the rationing up of military tension sanctions is creates a dangerous situation but america and the european union are on the road to simply

embargo iranian oil the chinese the indians and the italians that can pick up the slack here. turning now to some other stories making headlines across the globe as conflict in syria rages a new u.n. report claims both government and opposition forces are still committing gross human rights violations most of the blame is pinned on damascus while rebels are accused of executing prisoners and kidnapping civilians for profit meanwhile and amnesty international slammed the un security council for being too slow to act on syria calling it increasingly unfit for purpose the world bodies dispatched an observer mission to the country where it's estimated around ten thousand people have been killed since march of last year. a u.s. drone strike has killed tens of spectate militants in northwest pakistan officials say two missiles struck an insurgent hideout in the north was nearest and tribal area it's the second strike there in twenty four hours at least four people were

killed on wednesday the mission took place despite calls by pakistan but for all drone strikes on its territory to stop. a military prosecutors demanding the death penalty for ousted tunisian president ben ali over his alleged role in the deaths of protesters in towns when the arab spring began the attorney also wants maximum penalties for all those convicted over the deaths ben ali is already serving sixty six years in jail for corruption torture and other crimes more than three hundred people died and many others wounded during the tunisian uprising. french president francois hollande has told the press he may boycott the euro two thousand and twelve championship in ukraine over the case of the country's former prime minister yulia timoshenko he said he loves football but the affair of timoshenko who is in jail for abuse of power could keep him from attending several other e.u. leaders including germany's on the limb merkel voiced the possibility of boycotting next month's tournament claims the case against her is politically motivated and

says she suffered abuse while in prison. well instead of jetting off for his honeymoon newlywed facebook founder mark zuckerberg is fighting to remain the darling of the tech bubble the billionaire his company and a group of major banks are being sued by disgruntled shareholders for investing in the world's most hotly anticipated flotation last friday a washington correspondent jake i.h.t. qian explains. 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 and now stabilize that around thirty two dollars those who lost are those who bought as 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 believed 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 going 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 financial analyst market bogan reve says facebook's flotation flop won't damage the company but the fuss should open investors' eyes. 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 thought into different weight they said

retail for third people like you and me will pay forty dollars a share given the information that that has been released from facebook insider or institutional investors will only pay thirty two dollars a share and that is arguably where that thirty eight dollar a share price can probably spoke with actually pretty good that given the you know delay in the nasdaq launching given the technical glitch it 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 the 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 that there is that the into out 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 if you think that we're going to have a pop is i feel about will and just attack but will generally. still have those our

reverse a brain drain find out why some of us most promising are nerds could be migrating back to the same countries their parents abandon before. but first the european union wants greece to state in the euro club but only if it sticks to previous commitments meaning austerity be gloomy future of the single currency was the main topic during an informal you summit in brussels wednesday each euro zone state reportedly developing an individual back up plan if the so-called grex it or greek exit does happen france's president all law under urged a shift in strategy from austerity to growth something germany's reluctant to agree with the compromises being sought ahead of a second greek election due for june which could see that which could decide the country's fate of the euro john laughlin from the institute of democracy in cooperation thinks the use trying to force the greeks to accept austerity regardless. i think that on the one hand the warning that contingency plans

should be made to 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 in 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 a 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 had merged 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 on the austerity this is promised to then i have to say i think the game would then probably be 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 . barack obama's taking his campaign for reelection to the movies a films in the works about what he considers a key achievement of his first term it's a reconstruction of osama bin laden's capture and killing a hollywood getting access to some top secret information to wrap up the authenticity journalist josh gerstein says the white house p.r. department is working at a for speed. 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 we're 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's some political motivation here. the united states frozen job market and debt worries are sapping the country of its young high flying entrepreneurs fierce competition from fast growing economies is seeing the children of some u.s. immigrants tempted by better employment chances in the countries their parents left behind artie's marina porton i reports. 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 of broad 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 applicant. and while youth unemployment remains above six 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 sammy 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 didn't know what to do the twenty seven year old will soon be relocating to india where she plans to launch an environmental nonprofit organisation 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 like to deal with what i have 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 rapid accidents 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 lost labor i can assure you from countless talks i've had with big business leaders you in new york. the gree 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. let's get over to the business desk katie pilbeam is watching the big board for us so are the markets doing better today than yesterday yeah we're looking a bit of light relief today actually and that's from yesterday when we were looking at i go slump it was right across the board so it is a bit of relief as i say you know what it is a stall sell for the european markets and they all staying high say well some are pushing this down to the fact that investors a really bargain hunting they're looking to pick up some beaten down bank and energy stocks and that's helping to offset this down economic data now there was quite a lot coming out of the various are met and if you know we had a private sector output for the eurozone contract german manufacturing output so that my own private sector output fell in for ali so there was a lot going on now there was also no clear strategy coming out of the e.u. meeting that we had in brussels except for stressing that greece should remain in the euro zone so we didn't get that much now if that does have good it could make

russia's economy contract two point one percent of the first in all the top line disturbance research to says that the so-called grex it will also heat inflation to almost seven percent from the current five percent last because europe is responsible for a haul for us is that schools mostly energy which is also going to drop in before ice. moving all will see how all of these sentiments are affecting the russian market is not you can see right now. my states just start one. they said pretty flats in the sparing a little bit negative territory so they see the stalls and see who is moving and shaking in today's search ok we've got seven just down a one point seven now russia's largest still produces service is down as you can see now the company says its first quarter net profit house decreased eighteen percent to four hundred thirty million dollars now it's mostly due to lower still

prices they're under pressure we've also got all major rosner play operand a third of a percent of the state plans to try to tie seventy five percent of the company by twenty five days and spare bank is also higher than i've a one percent opposed to the lender says it's close to making a deal with the turkish market the bank is expected to buy one of the country's banks so we're going to be watching that one for sure let's check out those exchange rates than see that the euro dollar was under some real pressure on in the session it was talk of its worst performance since july two thousand and ten and talk of its biggest selloff over three years is a concern one twenty five a sixty three set still remains on the pressure that the ruble is gaining against the u.s. dollar and the common currency at this hour ok we move on to those all important oil prices and i was just reading a bit of technical analysis on this one from future techs dot com now they say that crude prices may fall about three more dollars this is a concern about lots of the prices drops below a medium term rising trend since so much going on with political tensions but also

technical tensions it's serious it's all going on those oil prices are going to talk about china now some news from asia this is worth listening to you know china is rolling out reforms to not to local banks and they want to compete with the joints like goldman sachs now domestic brokerages which are now trading stocks will be able to expand in futures and derivatives now on top of all that brokerages will be able to take on twice as much debt in relation to their net assets. i came out that is marcus i'll be back in about fifteen minutes all right thanks very much kitty for that. well in a few minutes the impact of america's foreign policy on its economy at home after an update on our top stories stay with us.

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