creeping contagion eurozone champion germany and jews ratings downgrade with fears the crisis is hitting the money for unions biggest economy now. military maneuvering of russia plans closer ties with china while america promises to move most of its warships to the asia pacific in the coming years. and protests peacefully all pay a fortune russian lawmakers pass a bill that sparked some of the most heated debate and set a new parliamentary record to boot.

hello this is r t it's four pm right now here in moscow my name's kevin owen with the top stories for you this hour and the eurozone debt crisis is getting dangerously close to the money tree unions powerhouse germany moody's has cut the ratings of several german banks including the country's second biggest lender austria is also affected let's get some thoughts of what all this means that with max kaiser our financial guru and host of course of the kaiser report max hello what's moody's worried about here how exposed is the euro zone's biggest economy to the problems of the struggling so. well first of all let's keep in mind that moonies is not an impartial judge in this they were caught picking sides during the two thousand and eight crisis or a publicly listed company with warren buffett as a huge shareholder they don't downgrade for example wells fargo a bank that buffett has an interest and they downgrade other countries and other banks that they are as commensurate with a pay for rating scheme that moody's itself is highly corrupt countries like

germany russia they should have their own rating agencies to publish the ratings of the u.k. or the u.s. to try to counterbalance the corruption of moody's having said that all the banks around the world all the too big to fail banks they're called are insolvent and they're all crashing it doesn't matter whether it's a german bank or a greek bank or a british bank or an american bank they all have trillions of dollars of unsecured debt on their balance sheets their book value is less than zero and this deal leveraging unwinding global banking crisis is continuing apace so who knows what's the next stage than what was going to happen you said everybody is bankrupt around the world so we're going to go from here. well this is a turning into from a banking crisis to a sovereign debt crisis it will become a currency crisis and a lot of volved the euro the dollar the british pound the yen are all crashing

against gold and silver you see george soros for example is not buying gold again as are all the central banks around the world are buying gold and silver because they realize that this all is joining into a massive currency crisis and all these paper currencies are going to become extinct we're going to go back to some kind of gold backed currency george soros he said recently said the eurozone just has three months of a break up of the monetary union you kind of agree with mia. no saros agrees of me. thinks it's to from the kaiser report we've been buying gold for months he was out of gold he was gold these out of gold he is on the fence about gold finally i hopefully sorest will see it my way i used to you know work with his son in new york many years ago i know the family well i think they're over trading this market just go along gold george don't tend to trade out of the position this time work

with me george we're going to make everybody a lot of money who has gold. or let's go back to the eurozone committed to the remedy wasted time you think. well the remedy that they come up with whether it's austerity our money printing fails to address the central problem of corrupt banks at the center of this global fraud in the united states of course we now find out that m.f. global and j.p. morgan were involved in a massive fraud j.p. morgan's balance sheet at a two billion dollar explosion search became a six billion dollar explosion i'm hearing it's going to be a thirty billion dollars and j.p. morgan stock prices going the same way of enron zero same thing going to bank society generally in france one of the worst banks in the world that's stocks going to zero one of the worst managed banks in the world b.n.p. here in france insolvent stocks going to zero so this is continuing as we've been

predicting for months the so-called balance of two thousand now and two thousand and nine was really just a sugar high brought about by some of the cash that was injected in some algorithmic trading some high frequency trading again totally fraudulent there was no backing behind it economically now we're back to the primary trend banking collapse sovereign collapse currency collapse gold and silver skyrocketing prices a saying in britain look after the pennies the pounds look after themselves seems that some countries are really desperate this stage there's a report in the telegraph newspaper italy's even plan to sell its red mounted sheep at auction. well that's a great for those who are buying these assets for pennies on the dollar when i was in athens last time i talked to steve forbes another famous family in america he was there negotiating to buy for the international chamber of commerce assets for pennies on the dollar they let you know that global elite love when these crashes

occur they can buy all these assets whether it's the all the assets in ireland all the assets in grace all across europe and around the world they love these catastrophes you know as somebody described it naomi klein it's disaster capitalism and these elites at the top love it they get a lot of assets for extraordinarily cheap and that the austerity measures are the result of debts that are being imposed upon the population of debts that they did not incur and i'm very sorry to see the people of wisconsin they are of came very close to throwing out that bomb a walker but they balked at this at the last minute same thing in ireland they almost voted against a treaty which would have crashed the euro and helped their exports it would have been economically of a boon if they voted no but they had the last minute they chickened out again the people in greece are on the threshold of a revolution but you know they don't seem to get it together yet to overthrow regime change get rid of this technocrat this morning the show put in a people's representatives as a matter of fact and let me tell you something i'm flying to athens tomorrow

morning with billionaire hugo salon is price we're talking to decide a reason the new left wing government about introducing a silver backdrop well along with the euro as a way to cure greece's problems bring back real money silver and gold i'll be on his jet tomorrow flying to athens i'll give you an exclusive cabin from the ground in athens if you have a back on some more on. those because the political vote it out of a nice flight. ok now russia and china are boosting their military partnership including holding more joint drills president putin is currently on a state visit to beijing to forge closer ties with the asian giant china's growing influence is causing worries for the u.s. which is shifting more of its warships to the asian pacific lecturer jet skis in the chinese capital for its alexy hello china russian offer all from singing from the same hymn sheet about various issues pick but syria at the moment how might that relationship with the way they talked together be strengthening the picture

for. well not only the diplomatic and economic ties seem to be very strong between moscow and beijing but now we have it confirmed by vladimir putin and this is something he stressed in particular that the military partnership between the two countries will also expand now it's already been very strong i mean here that russia and china have already conducted a very successful joint military exercises in the past like august last year for instance and certainly the weapon export from russia to china is also massive even some of the weapon toys russian war toys are being produced here in china under license like the famous kalashnikov rifles and the market of. being produced here but now we understand according to put in that this operation will expand certainly this is some kind of news which would hardly be very welcomed in the west in the united states in particular which have been growing a very much worried with china's growing military might and the recent visit by the

u.s. secretary of defense mr panetta to the asian pacific region basically confirmed all these worries with producing statements like the united states must be vigilant in the face of. china's growing military power so definitely the fact that russia a huge country is being aligned militarily with another huge giant and other eastern giant china is certainly hardly be very welcomed in. the west but at the other hand on the other hand beijing is also growing very impatient and very irritated with the actions of the united states which in particular this visit often they're saying that the growing military presence in the region may destabilize the whole situation no shark statements coming from beijing for the moment but definitely this is something they're not happy about we certainly are waiting to see whether there will be any reaction coming from washington on these statements coming from beijing but definitely the fact that russia and china are

growing their military ties certainly adds a very interesting spin to global geopolitics certainly does. bring yourself to date look for the coming two more in the course the next twenty four hours or so. still ahead for you this hour on the program attempts to profit from the protests in egypt as the years limits spawn power there fades they take the streets of cairo along with hundreds of fear is the gyptian we tell you was a little bit more about that later on. next though the attention of wiki leaks supporters is no shifted to an american military court where u.s. army private bradley manning a suspected website contributor faces his latest hearing he's suspected of the biggest leak of government documents in u.s. history and charges lawyers hope to see dismissed however as artie's within a culture never explains next there are some leaks there will always go unpunished . from a former cia officer who questioned waterboarding to suspected we can take small bradley manning the obama administration has waged an unprecedented war on

whistleblowers prosecuting more of them under a spanish laws than old previous administrations combined but it seems one man snitch is another man's spin doctor the problem with the current situation with the current white house is they have leaked classified information several times when it suits them to do so one of those with what was with the book obama's wars done by bob woodward or they played out two chapters of information about current operations and also with the kathleen bagel bigelow project regarding seal team six taken out of the water last year at this time the film in question which is titled as zero dark thirty covers last year's raid by u.s. commandos on the pakistani compound where some of bin laden was hiding the conservative watchdog judicial watch has obtained records revealing that hollywood filmmakers were given access to proof the undisclosed information about the

operation oscar winning director kathryn bigelow and screenwriter mark boal were even granted at tour around the fold as cia building where tactical planning for the raid took place the film is out in december but was initially due to be released just weeks before november's presidential elections that facts saw some flak fly the administration's way while the entire project has raised concerns over the way intelligence is being used it's best that this kind of information particularly as it revolves around what's surrounding this movie remains classified it absolutely has to it's very unfortunate that it's coming out to be used for political purposes for a congressional election however there is nothing unusual about the defense department collaborating with the makers of hollywood blockbusters. it's a partnership that dates back to the middle of the twentieth century and it has proved effective the pentagon has what hollywood filmmakers won access to millions

of dollars worth of military equipment to use in the movies and hollywood has what the pentagon wants the enslin stuber called its actions and attract millions of potential recruits in recent months to other movies about the navy seals long survivor and act of valor how first if the official assistance veteran hollywood reporter david robb assess the pentagon has for a long time had access to the scripts of hollywood filmmakers to show the military in a better light and the american people are seeing hundreds and hundreds of thrones and television shows that have been sanitized by the military and to make military seem more heroic than it really is and never wrong and always good that this creates a false image in the american people's mind so while for some folks will get true walked out others are trying to project patrick hasan and propaganda on to the

silver screen my in the question archie reporting from los angeles california. just for much of the world's top whistleblower julian assange has got his own interview program here on this channel if you've missed any of the series you can always catch up with online streaming whenever you like to see it at all to call. breaching rules during public protest may now cost a pretty penny in russia as lawmakers approve a new bills supporting tougher punishment for violations the laws caused a storm among politicians and opposition groups and even set a new parliamentary record his legal person off joins us live with the details to flesh out a bit more about this how they're a go tell us more about this new measure and why it's called such discontent. the draft aims that significantly increasing the fines for violating the rules of taking part in mass rallies from the current seventy year olds up to a maximum of seven thousand euros for average citizens who are around two hundred

hours of community service so that's why it's caused such a wee bit of fierce criticism and anger both from the official and unofficial opposition many of whom are calling this draft a drug but its supporters say that it corresponds with western european standards and actually if we compare the figures of the penalties in some western european states are often much more severe and the fines could be much higher as well reaching seventy five thousand euros the russian deputies are also looking into creating these designated areas across russia for protests so the idea is there should be more opportunities to protest but if you break the rules you got a p and actually the draft was initiated after a launch a protest rally ended in clashes between some of the protesters and the police we've seen pieces of concrete flying around small grenades and injuries on both sides this draft was passed really quickly by the federation council but this can

be said about to the chamber of parliament the state duma where it was more of a marathon last night when it took eleven hours for the deputies to work through the draft because of a new tactic which is being taken on by the official opposition it is being practiced in many countries of the world for exam. the so called feel the boss during in the united states when deputies try to be as abstract diverse possible in order to. vote when it comes to several fractions of the russians the duma detroit introducing piles of amendments in order to stall the vault but by around midnight it still ended up being passed to despite this fierce debate which. probably saw the last time only in the ninety's now that it has been passed by both chambers of palm and it's up to the president to sign it and why do you a fortune has said he will sign it if it corresponds with western european

standards for central moscow there thanks for bringing some story. remember we got all the latest news and information on our web site some great pictures there as well here's a taste of what's there for you right now rare celestial sight leaves both astronomers and stargazer gasping in amazement. footage of the transit of venus across the southern to a good place to watch it don't miss it it won't happen again for another hundred five years. stay with the final frontier we investigate the mystery of an american satellite that returned to earth after a year in orbit with its mission cloaked in secrecy. hundreds of thousands of egyptians have packed into the now iconic tahrir square in cairo rallying for the death penalty for former president hosni mubarak and leading the protest with the country's islam missed out in force ahead of the looming presidential vote in the country and eager to capitalize on burgeoning unrest

artie's tom barton is also in tahrir square. thousands of protesters that can turn in the center of cairo you can hear the sounds of protests reverberating around the square around me a real feeling of anger in this streets tonight and it's primarily focused around the verdict in the. mubarak trial hosni mubarak egypt's former president is now going to spend the rest of his life in prison it seems unless the protesters get their way at least some of them wanting to do a bit more of a back than that and to get in the death penalty and what really set them off was six of his senior security officials who were acquitted of involvement in the deaths of hundreds of protesters in egypt's revolution last year there's also added tension around these protests because very shortly egypt will enter the second

round of its presidential elections but many people here are expressing a lot of frustration that they see the choice in those elections as being really no choice that's all one candidate mohammed morsi is from the muslim brotherhood he's been trying to garner support here at the protests going around the crowds saying that if he was elected president he would drag mubarak back to trial and try and help in execute it which has struck a chord with some of the protesters however he has received criticism from a wide wide number of groups as well they see the muslim brotherhood as religiously conservative and warn that they may try and hijack this revolution the other half which is mubarak's last prime minister and a former air force officer the protesters just as angry about him they say that he could well be or should well be darker standing in these presidential elections but

his links to the old regime are simply too close. to reporting there for us ruling military council many times issued the parliament with a forty eight hour ultimatum to agree to a constitutional assembly or contend with one decided on by the generals hallinan contributing editor of foreign policy in focus told us it's likely that the military's working to extend the egyptian impasse and therefore extend its rule over the country. if your feet is removed then of course you have no choice but that the military council stays so i do think that the military has set things up in such a way that they will continue as a major force how much of a major force i think depends on those people who are out there in the squares and what finally comes out of this election my concern is that if the military or the police decide to provoke something with the demonstrators then you might have a shift in the direction of chef eat because people are concerned about stabile ity

excedrin keep in mind these demonstrations did not start over the question of democracy they started over a question of bread of unemployment poverty except for a so this is not just about roses this is about bread and that has not gone away. the syrian government has agreed to allow aid workers and humanitarian supplies into for the provinces worst hit by the violence there are in dire need of help as clashes between rebels and government forces have intensified since the opposition declared it was no longer committed to the un backed peace efforts meanwhile russia has called for a special international meeting on the situation in syria now talking all boring parties into returning to call finance plan moscow says the proposed gathering differs from the so-called friends of syria meeting as the latter saw the support of the opposition who according to and their hands conditions must also lay down arms but middle east expert terry kelly says toppling

a sadder not establishing peace has long been the true goal of some foreign players . when the americans. slow growth some talk about transition what effectively mean is regime change that is what they did in libya with dire consequences as we can see in their country to do it in syria be to bring both sides to the table and have a negotiated settlement is obviously the best way to move forward but the united states and britain and their other red lights have absolutely no pressure on the other side to come to the negotiate negotiating table and start it process of talks so it would appear to me what we now have is an end game situation where the united states as decided to remove this regime and will use everything in

aspire to do so as well as the scene of ongoing violence here is also locked in the so-called information war to talk to the countries minister of information who told us how the mainstream media coverage of the conflict often clashes with reality because full interview coming up a bit later this hour. the very people responsible for the deaths filmed their crimes and sent the footage to the media blaming the government for the atrocities of the and a recent study shows that ninety percent of satellite coverage on syria has nothing to do with the actual situation in the country because it's all lies and fabrications again proves that there's a real information war waged against syria with real facts being substituted with fabrications these lies and the only way for them to achieve their objectives in their war against syria out of the houla massacre is a good example of that come out that as soon as the first pictures of the massacre were released everybody started accusing the syrian army and security forces but we

all know who was really behind this crime today the people of syria are targeted by terrorists who are armed and sponsored by regional powers like qatar saudi arabia and turkey as well as by western nations such as the us. or international news in brief nato airstrike in eastern afghanistan is left for the dead including women and children according to local officials people living nearby say all those killed were celebrating a wedding at the time native denies that though claiming they took out a military commanders in the strike and doesn't mention civilian casualties in the statement. hundreds of marched through toronto in support of quebec students who've been rallying for months against she wishes hikes since february hundreds of demonstrators were detained with almost two hundred thousand refusing to attend university wednesday toronto rally united local students and labor activists with

another protest federal for a fortnight's time. north korean leader kim jong un has given his second public speech since taking power in front of tens of thousands of children wednesday marks the anniversary of the country's children's union the organization that helps ensure the young generations moyle to the regime it comes two days after north korea was a southern neighbor of military action over there critical coverage of children festivals in pyongyang a. tough business news just after twenty five past forty after moscow time hi daniel clocking on shift there good to see you now with one in two young greeks out of work and what how you look at it it's a sorry picture absolutely because of the banking sector and record numbers are returning to so-called time banks folks can get some coffee for fixing someone's phone for example an hour of anyone's time is worth the same whether you're a plumber or doctor but with people really short on the moment a new online service is giving them time credits whenever they help each of the

most bits of news here in russia those its flagship malls listing some thirteen percent of its shares in london this year aviation analysts call a great opportunity it's a boy as it's one of the world's youngest and most profitable airlines. up to two hundred forty million dollars from the move. here in moscow the markets having another strong day as investors like the wider economic picture europe is recovering this week's losses the european central bank has just lift interest rates one percent as expected. new proposals to make sure taxpayers' money doesn't bail out failed banks bank shareholders and creditors will be held responsible for any losses but the new legislation is unlikely to come into force before twenty fourteen too late to protect the role of failures that taxpayers are having to pay for time for exchange rates and the ruble strengthening for another

day russia central bank governor says it should continue to strengthen this year's . target of five to six percent russia second biggest lender d.t.b. has decided to cash into fast food banks setting up a joint venture with burger king russia within three years b t v will invest up one hundred million dollars into this new firm which is exclusive rights to develop the chain in the country for the next couple of decades up to date given news of interviews all on the website all to don't conflict with oki doki thanks for that and now coming up we look into the media war ranging in the syria right now it is teetering on the brink of a civil war r.t. talks the country's minister of information as i mentioned just now that's on air in a couple of minutes after a wrap of our top stories what two and a half minutes from now.

wealthy british style it's america that's not on the top right of the time. markets why not come to. find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune into kinds a report. with the end of the boer war and the going away of the soviet

union many people thought that nuclear weapons disappeared. the risk is not zero that something might be going off by mistake especially of sounds of the nuclear weapons on hair trigger alert. but because of a difference to use it as a threat all as an actual weapon you know if you keep spending a trillion dollars a year on weapons of venture you're going to blow everybody up you've you know people are dying from these weapons but until we actually see if people don't wake up to get nuclear weapons or a bill. that represents all of the firepower of the second world war and this second. sound is the equivalent firepower of the world's nuclear arsenal today.