both things come to a close in the first round of egypt's presidential election but the people are still unclear of which the ruling military will see whether the winner will respect the people's revolution. both blaming the u.n. slams the syrian regime and the rebels in its latest report on the violence one of the conflict is getting increasingly militarized also. this is a grenade if you pull this line just like a party popper a christmas latvia's nursery nightmare as nazi sympathizers a film showing off a real war weapons in a lesson to kindergarten kids. and in business to russia markets finished up on a high in today's trading session that is all prices climb on the european markets

bounce back but the u.s. forces are highly forming on signs china's economy is slowing time in about twenty minutes time i have a roundup of all the markets. hello there eleven pm moscow time this is coming to live with me kevin now in our top stories for you this hour the first round of egypt's historic presidential election now over than just with counting underway thirteen candidates open to fill the top seat that's been very can since hosni mubarak was forced out over a year ago let's get the latest one middle east correspondent paula slee cairo hello paula how did the vote go then what's the general consensus on it and is there any word yet on a front runner. well the two days of voting were mostly calm we are hearing though from human rights groups as well as engineers who monitor the elections that there

were some clashes some skirmishes and some irregularities but that these related mostly to some voting stations open late and too some candidates campaigning on vixen day in violation of what they were actually allowed to do now a while has broken out between the two front runners as much as six who was the last prime minister to serve in mubarak's cabinet and i'm also he is a former head of the arab league and was a foreign minister during mubarak's time each accuses the other of bad mouthing him of saying that he is abusing and about to pull out of the race at the same time though it's hardly expected that either of them will come in with a fifty percent majority that is needed for him to be declared the mixed president and indeed if this is the case there will be a runoff on the sixteenth and seventeenth of next month with the final president being announced on the twenty first of june at the same time we're hearing from the election committee they say that these two days of voting are reaching

a fifty percent voter turnout now while this is relatively high it is a lot lower than what was originally anticipated when these elections were making their historic mark. paul or more year almost all the. toff in tahrir square what are they happy with how the revolution has progressed. there's certainly a sense on the streets of cairo that this is a mentors occasion but there's a lot of questions being asked in terms of where egypt's future is headed the military has been preparing for threats that it is taking seriously from some groups that they will go to the streets and demonstrate if either of the two front runners who are associated with the mubarak era come come forward and are elected the next president of egypt and here i'm talking about after much of feet and i'm also at the same time on thursday night various youth groups have organized demonstrations back in tahrir square and this they say is to simple warning to the

military not to get involved with the results so there's a lot of attention now being placed on the results the counting is beginning on thursday with the preliminary results expected radius early as friday morning but we do understand the voting will take place throughout the weekend with the final results being announced next week tuesday now the questions being asked in terms of what will be the real power of the next president because until a new constitution is approved it's unclear just how much weight the president will have at the same time his concern over the islamicist on the wall that they'll play because among the front runners are two strong islamised candidates and then lastly talking to a lot of the youngsters here many of them to us not to vote they believe that these elections are not an accurate reflection of the way jackson's feel and certainly they want to be as disassociated as possible from any of the mubarak era and they say that there's just too much military involved and too much mubarak

representation in these elections so a lot of questions to committee on the military will they hand over power as they've promised to do and indeed even if they hand over power will they still be pulling the strings from behind the scenes well ok we can but you regularly over the next twenty four hours paula for more information is that progress as things are pretty much for now. carol based journalist some i found she told r.t. that the absence of a new constitution is creating a potential conflict of power in the country when we called for the. constitution should be furthest. most of egyptians have voted for that we have to get elected parliament first and then we can drive the constitution but currently most of the people say if we have a president who. would have a constitutional responsibility clear the. constitutional responsibilities that can

make a conflict between different political factions and between the parliament and their new president since both of them will be responsible for the new constitution there is a conflict of interest for the both of them would like to maximize their power and some people and some analysts to speak if islamists lose. presidential. seat they may favor a parliamentarian system rather than a presidential system so leaving is a matter of the constitution until we get a new president. it's a quite good it is. the first meeting over a year of the five plus one group with iran on the islamic republic's nuclear ambitions as an broadly breakthrough but there has been agreement hold a second round of talks here in moscow in june west their voice offered around much needed aircraft maintenance and nuclear safety cooperation in return for to round

hole to higher grade nuclear enrichment now iran offered u.n. inspectors visits to a military complex that suspected of carrying out nuclear tests but the west has refused to budge over in a new sanctions that will hit all exports the country's main source of income of course iran says more restrictions won't make it yield on its nuclear program which he claims is still is only for peaceful energy and research purposes let's get more on this from political consultant daniel wagner is head of the advisory firm country recently he's on the line from new york tonight very good to see you so the daniel no solution again on iran's nuclear issue the top continue next you think we'll be able to avoid an impending set of sanctions by july will open up its facilities for inspection in return for easing of those western led measures against it. it seems unlikely for a variety of reasons you know i look at iran and the west as sort of like mars vs venus they want completely different things even if the west was inclined to ease

the sanctions that are proposed for july they can't simply turn off the spigot and that's exactly what iran wants iran's not going to get what it wants probably the west isn't going to get what it wants either there are some optimists out there about this process i don't happen to be one of them how much are the technical demands of western nations on to and actually about nuclear safety or are they more about controlling the country politically in keeping it in sanctions straight jackets. well there are a number of dynamics going on here on the one hand there's the supreme leader in iran who has said that the development of nuclear weapons is not in iran's interests and is forbidden has issued a fatwa but you know fatwas are actually temporary sometimes and they don't necessarily mean what people in the west might think they mean if it's not

permanent it doesn't mean much to the west in the west i think what the west and israel are looking for is something which iran is simply not going to give them they're looking for a complete cessation of enrichment they're looking for a reversal of the process that has gone on for more than a decade now i just don't see how this is going to happen i wish i was wrong i would like to be able to say that i see a meeting of the minds here but what i am more inclined to say is that iran is using this negotiation process as they have used other negotiation process sees to string along the process and further their own nuclear ambitions and of course sanctions on iran not only hit iran the neighboring nations pretty hard as well especially those that buy oil from it and if iran does get further isolated by the west what impact that going to have on the region and further afield to think about china and india. yeah i think you're right about that kevin there are going to be some knock on effects long term as

a result of this but the nations that are largely affected are already finding ways to work around it you look at india for example india is starting to find alternative sources of oil and previously they said they would have a difficult time doing that fortunately there's plenty of oil in the world markets and those nations that need to find alternative sources of oil are likely to be able to do so and those nations that have become accustomed to working with the iranian central bank will find other ways to do business with iran if that's what they need to do pretty quickly is it to put the cost for everyone else of oil in. my view is that the only way that the costs of oil are really going to skyrocket is if there is in fact an attack on iran and that cost is likely to be short term in nature although perhaps severe probably what would happen for instance if israel attacked iran is that the price would spike perhaps twenty twenty five percent i

don't think it would stay there because i don't think that iran is capable of sustaining. opposition to an attack for a very long period of time they would simply be overwhelmed the markets would be rattled initially but would probably calm down after a couple of weeks ago consultant daniel wagner thanks for your thoughts on the program much appreciated. world leaders have committed human rights abuses will be banned from the london olympics according to the british government but the king of bahrain who lunched with the queen of england early last week says on the stage on the list despite allegations of torture and killings in an opposition crackdown on the regime an interesting story as to where this was journalists and activists who came chandan he joins us from the you know from london good evening the british foreign office says it's supporting bahrain to help improve human rights in the country but that's very different it seems to be dealing with other countries why is bahrain receiving such special treatment here apparently bahrain is absolutely

fundamental to british interests in the region and i would argue that the neo colonial interest in bahrain is a small gulf state that was set up like all the other gulf monarchies by the british in the first place anyway so really the struggle of the bahraini people for democracy really cuts to the absolute fundamental nature of british and generally western new york colonial control of that region so that's why the british are so keen to keep things we have with the bahraini and go interest interestingly point out as well following on from that he was a guest as well for the wedding of prince william and kate middleton last year what does it say about british foreign policy. so for foreign policy is more hypocritical hypocritical implies that they don't know what they're doing is and it's a double standard so i mean i don't know if people remember i remember like it was yesterday the hysteria over the torch relay at the beijing olympics the torch relay in the west through kind of the united states france and britain which was sabotaged by all manner of eurocentric activists i mean the question i asked myself is when i was in human rights watch are complaining about the bahraini government

why are they complaining about the british government and britain's involvement in human rights abuses in the world britain are the most the proper tears and bahrain is just a puppet so really the responsibility should be directed against britain and not necessarily just against bahrain so i think the dynamic is a little bit skewed here so the king of bahrain very well could. welcome as well but not by one british politician who went so far as to demand that putin not be invited to the olympics in london over alleged human rights abuses in russia is that going to affect relations between moscow and london do you think if at all what i think it's indicative of how strong rusher is with the leadership of putin that it's only one british politician that is complaining about mr putin coming to london i think i think they're very worried about putin's leadership of the russian federation because it is the only real guarantee and that's what the russians say themselves is the only guarantee against the spread of fascism across the world those who are spreading fascism in the vanguard is britain mentioned just now with

a live picture often politicized with many boycotts of the past are they think an appropriate way of dealing with political problems. i don't think it's necessarily appropriate but it's always the case isn't the olympics olympics are supposed to be out about developing friendship between nations but this is this is a nonsense i mean i'm reminded and i think a lot of people in the generation of the sixty's were inspired by the black power salute of tommy smith enjoin call us so that for me was a very inspiring moment probably the most inspiring moment in sporting history and it's always politicized and this is always the way it is. if you don't get tickets to go. they're way too expensive for me. very much for a love of the appreciated. a kindergartner latvia's being dragged into a route of teaching terror and after his toddlers were given a lesson by nazi sympathizers including getting hands on with real war weapons for some is vital schooling about the country's history but as a teacher lecture

a jet ski found the fear is of nursery age indoctrination. this was described as a lesson of patcher it is in a kindergarten in riga. in fact the man who wore the uniform of a 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 but this is a grenade if you pull this buying just like a party popper a 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. but this is our history and no way to tell our children who the legionnaires were we 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 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 her four year old daughter's future education steps that are teeming with normal it's unthinkable 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. on the head of a lot of his anti nazi movement says the incident is not a one off such lessons he claims occur on a regular basis in schools national wide. they usually happen on sixteenth of march known as the country's legion day one former as says fighters marched the streets of riga along with right wing politicians and here with supporters similar gatherings happen am usually in another baltic state with

a difficult history as. a parliament i remember speaking at the european parliament trying to convince deputies not la pierre is a nazi flea country now i have to admit a great change 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 the genocide. nazi regime the most murderous in history what concerns many here now is that such lessons of in the long run will not teach history but simply breed a future generation of new nazis in the heart of free europe this latest incident has once again shown how divided the law 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 a three year old was a major offense at least from a moral point of view. reporting from riga in latvia. the syrian regime has come under fire from a new u.n. report claiming both the government and opposition are committing gross human rights violations he claims damascus is responsible for the largest share of the rebels are accused of kidnapping civilians and torturing captured soldiers meanwhile amnesty international is slammed the un security council is increasingly unfit for purpose and too slow to act on syria will dispatch an observer mission to the country where it's estimated now that ten thousand people have been killed since march last year both william and del told me ever that syria must be left alone to determine its. significance of the new un report is that for the first time it's a knowledge that there is on the side of the so-called opposition the rebel groups

of the jihadists and so forth al-qaeda and the muslim brotherhood forces that are that are trying to create regime change so to that extent i think it's a step forward that it's not simply a one sided genocide by the assad regime washington is playing a double game on syria i think they are trying at this point damage control they failed massively in the operation that they had thought they would succeed in about a year ago the momentum of this so-called arab spring has reached to a halt it's really turned into a sunni versus shia. kind of war throughout the muslim world with saudi and qatari money financing the sunni side of it iranian financing much of the shiite side of it but. the point is it's failed obama doesn't want a another military conflict before the november election so he's evidently given the order to backtrack significantly on that as well as around washington has backed off of the libya style regime change operation in syria it's time to just

let the syrians sort out for themselves what they want for a government in their country. bring into those world news in brief no over five hundred students been arrested overnight in canada of the latest protest in quebec over higher university tuition fees the rallies been going on now for over one hundred days quebec's provincial government last week passed emergency legislation in an attempt to end canada's most sustained student demonstrations ever but the move is only further enraged the protesters leading to violent clashes with police and hundreds of arrests throughout the week. the u.s. drone strikes killed ten suspected militants in northwest pakistan officials say two missiles hit an insurgent hideout in the north waziristan tribal area it's the second strike there in twenty four hours indeed at least four people were killed there on wednesday the mission took place despite calls by pakistan for all drone strikes on its territory to stop. french president francois lines told press he made

a boycott of the euro twenty twelve championship in ukraine because of the case of the country's former prime minister yulia timoshenko he said he loves football but the affair of tomasz anchor who is in jail for abuse of power could prevent him from attending several other e.u. leaders including germany's angela merkel have voiced the possibility too of boycotting next month's tournament claims the case against is politically motivated and she says she suffered abuse while in prison. instead of jetting off for his honeymoon newlywed facebook founder mark zuckerberg is fighting to remain the darling of the tech bubble tonight the billionaire his company and a group of major banks are being sued by discount all shareholders who invested in the world's most anticipated flotation last friday a washington correspondent guy richard can explains why. 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 national offering price beefed up the price knowing that facebook's latest performance record shows 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 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 analysts give some. all reasons why corporations can get away with a lot on wall street one of them is the complexity of the operations when all 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. the option terms of

facebook groups terms of market. these are the reasons this mixed bag to them they really as we are seeing red and green across the board what i'll do is look at started with wall street because they're trading now now they're already feeling the pressure from all over the place and they're actually feeling it from china and china a feeling it from europe now the u.s. markets they are buying stuff and its own size that china's economy is showing strains from the european debt crisis the kind of intellect now as we can see there with the dow jones around four tenths of a percent down the now side of sense in negative territory at this hour now investors in rules are digesting lots of domestic data as well we had job as kinds falling which is a good thing we had durable goods rising also a good thing but the overriding overriding concern is that greece is really the main factor this happened at the european markets and see how they closed up today now investors in europe brushing off

a loads of data that was really disappointing including germany's manufacturing falling in may we know that's the biggest economy in europe as well remember let's talk about the scenario that greece was to leave the euro zone or russia the corner me whose contract by two point one percent in the first year top then despair by its research team said the so-called grex it would also heat inflation to almost seven percent from the carbon current five percent last because europe is responsible for hall of russia's exports mostly energy which is also going to drop in the price should they leave now the russian markets today though had a rather good day indeed we had the r.t.s. one point eight percent in the mice it's over two percent positive territory now a lot of. that was because oil prices are now and getting so they were really feeling that optimism here in moscow today now let's have a look at a snapshot of how some of the biggest two ships have finished off the day we have service so they had

a rather disappointing day today that's because they've posted first quarter profits down eighteen percent that also feeling the pressure from global steel prices taking a bit of a down a downward direction output roughnesses well they really gained and that's because of those oil prices spike as well there's talk of them getting together with the turkish banks but encouraging let's have a look at the stranger instead of we also are wrong we're going to talk about this story to do with the privatization of the change or it's just the euro dollar and now really suffering one twenty five twenty four the trade is. slipping to a two year low that's how the ruble performed in the trading session today last hour against the u.s. dollar and the euro will move on then shall we talk about part if we date. now it's hard to anticipate it is the program that may soon start with the energy sector of logic putin is calling for energy assets owned by nifty gas to be so between twenty

thirty and thirty fifteen rosneft a guess and seventy five percent of all major roughs now have more than ten percent of gas problem as one of the states in over seventy all that energy companies produces says the state is considering that in the hour but only if there is a dramatic improvement in market conditions so that is a big really isn't it bob if we look at those oil prices will be able to see that they are encouraging for the russian markets right now because they are indeed gaining and then are forming from the seven seven month lows that we were looking at last week that was really had investors here most freaking out now we've got nearly ninety dollars per barrel and that's panic stations when it gets there we also got the bread one hundred six and a half right now. alsace all the markers that surround the cabin of today's action will be about the business same tomorrow time to give you the latest rundown. i am a day see that now coming up bankers take over because ahead we present the latest

reports after the headlines of this short break.

wealthy british style. markets why not. come to. find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to kaiser report on our. well to the fukushima zation is the name of the game when you're saving lives when designing most architectural masterpieces pleasers precision is what matters most.