davian officials call in the security council to pressure the syrian government while admitting that the armed opposition is stepping up its attacks as another massacre pulls the country closer to civil war. reports suggest they will need at least forty billion euros to boost its crisis hit banks meanwhile start see reports from island another crippled country some locals are going back to the past with their currency. the euro two thousand and twelve full time and kiss off laden with scandalous several european governments boycott the championships and the human rights and race issues.

it is ten am in the russian capital you're watching r.t. i'm marina joshie welcome to the program and they had out of the u.n. along with the world bodies envoy to syria one more international pressure on damascus to bring about compliance with the u.n. peace plan but kofi annan also urged the increasingly aggressive rebel forces to lay down arms. where the latest from new york. after hours of closed door consultations members of the security council and the secretary-general ban ki moon have come out first mr obama hugh moon saying that kofi annan six point peace plan the violence in syria remains at the center of the international community's efforts clearly nobody has calling this plan a failure and at this point nobody is indorsing any type of military intervention into syria the most important thing right now according to the secretary general is

to keep syria from going from a tipping point to a breaking point joint special envoy for the u.n. an arab league mr kofi annan also has said to the media that what needs to be done now is for the security council to under stand and to come up with a plan in the best way to implement his six point peace plan and that is up to the security council to work out and decide while the security council unanimously recommitted its board or the kofi annan six point peace plan washington is still blaming syria for all of the ongoing violence u.s. ambassador to the united nations susan rice says that is the assad government that has been acting outside of its responsibilities and indeed it is not succeeding because the government of syria is not fulfilling its obligations under the annan plan meanwhile russian ambassador to the united nations vitaly churkin also admitted that there's been

a few indications of complying with the six point peace plan but he said that it's not just the syrian government that has fallen short it is also the armed opposition groups including the free syrian army which just last week announced that it will no longer acknowledge its commitments under the anon deeming it a failure ambassador churkin said that his counterparts in. security council need to take a look at the entire picture within syria armed opposition groups only. do not only failed to comply to plan but they did clear that it is their intention not to do so which is a very dangerous development a very counterproductive development russia has proposed an international conference on syria which is similar to what kofi annan has proposed under the title of a contact group now this international conference would include the five veto

wielding members of the security council as well as countries that have influence on the syrian government and.

well still have for this hour here in our team rival route find out which countries

hope to join the grand why the building of a new coast to coast waterway which threatens to rival the panama canal. also from bad to worse egyptians currently mired in political turmoil face and another danger which threatens both economy and health of the entire region. and coming to report by the international monetary fund is expected to show spain needs at least forty billion euros to bolster its banking sector credit ratings agency fitch cut the country's sovereign rating is saying hundred was especially vulnerable to a worsening of the eurozone debt crisis and moody's rating agencies an earlier island may need a new bailout after an existing bailout program expires in two thousand and fourteen and a lot of the euro's recent troubles residents of one irish now have revived their all currency to help businesses ravaged by the economic downturn and as artie's laura smith reports their experiments soften the blow. it's

a blast from the past as this customer uses the irish put to pay for some every day purchases in the town of clueless others joined the euro from the get go in two thousand and two but crisis hit business owners here have revived their old currency to try and desperately close and cash back into the community. pointed to was twenty points. or fifty points but if you spend we would give you a change of tone which you can then go and spend cross the road in the crib or go for a drink it's it's a great scheme for the child it means all the money. as but the you're. in reduced to a novelty item printed on tissues and toilet paper and customers come from miles around to spend their puts often stopping by for a haircut while they're here. a lot of people come from across the border from

belfast especially our own from people from the phantoms and so on us of a complication months women can hash. out there's an estimated two hundred eighty five million puns tucked away in draws and under mattresses forgotten about ok to souvenirs when i joined the euro a decade ago they're no longer legal tender but would have a value of around two hundred forty million euros just a fraction of which would make a massive difference in crisis hit close. the per scheme has undoubtedly boosted the local economy but the ravages of the economic crash is still all too evident the main street is lined with boarded up shops with around fifty percent of premise is empty it's a scene that's repeated in small towns and biggest cities throughout. austerity here means business people are being hit with a variety of taxes and levies making it harder and harder to stay afloat let alone

turn a profit. the whole country has suffered with the measures with the. new water charges which are common and shortly you household charge which will increase every year. there was a two percent hike up to twenty three percent of the point of sale tax with. something to improve the situation so people say going back to the point isn't a political statement it's a survival tactic and as the face of the euro hangs in the balance conus may not be alone in looking back for its future euro smith. and. while ireland may be turning to its old currency italy is turning to its old ways banks there are reluctant to lend money and some struggling businesses have no choice but to borrow from the mafia economics gardy says the government's policies are partly to blame for the criminal who. the beginning of mafia on the economy is

particularly strong now because mafia has cash and you've got plenty of small businesses particularly in the south and in the center of the country that running shit of cash and have some kind of relationship with mafia because they were for many years to buy protection. from up here they made to the mafia as an investor it was a capital and they may go into the black sector for getting money they could not get out of banking sector this is very troublesome and it's a very important point that should can our government really need. to fix some of the problems that are troubling telecom in particular we need to use fixation as delayed more money available to tell the base this is more legitimate money coming out of casting worse and not coming out mafia and claim that i'm going to say.

already is maybe wrestling with. in nearby agree it's wrestling and parliament that sparked a manhunt for the amp responsible for such reports online. agrees is the announcer golden dawn party member assaults to left wing female devotees on live t.v. you can watch the debate on our website. also online millions of use of passwords for the professional linked in website were posted online revealing a level of desperation among people seeking jobs the details on r.t. dot com. they were twenty full championships are finally here and millions of fans are descending upon poland and ukraine hoping their team will net the silverware but

the tournament is already proving conversational with government boycotts from several european countries threatening to spoil the beautiful game sports presented part which is in ukraine for us. year zero twenty twelve with co-host poland and ukraine and another political controversy has hit the event before it even starts the french sports minister has announced that the french government will be boycotting the event in protest over the alleged mistreatment of former ukrainian prime minister yulia timoshenko is being held in the ukrainian city of kharkiv well this follows on the back of racism issues which have also arisen in england particularly following on from the broadcast of the b.b.c. panorama programme stadiums of hate which went out last week in court and cause shock waves throughout england as it highlighted racism and anti semitic views amongst at club level in polish and ukrainian teams this also is in line with manchester city mario balotelli he said that he is also witnessed racist issues in

italy and across europe and he said that should he be the victim of particular chanting or abuse while he's on the pitch while he's here at the euros that he would walk off but this is prompted you wait for president michel platini to say that this isn't an issue for the players to resolve it's an issue for the referees and they have the power to stop any matters such an issue arises and the ukrainian authorities are hoping that the football ukrainian hospitality well outweigh any political or social issues a partridge working there or the nicaraguan government's planning to build a thirty billion dollar trade routes that arrive all the parikh now and several countries including russia are vying for the chance to fund the plan r t s n l bushel has more united states is the lawyers share of trade between we had learned of pacific oceans ever since it opened the panama canal but no real show plans to build a deeper void a rival through. that's britain's the hugely profitable existing route as traders increasingly go for joint ships that are too big for the existing canal but russia

may not get the contract the project director says china japan and venezuela also have to form the thirty billion dollars. time for some other international news in brief the u.n. nuclear watchdog urges for a deal that would allow its inspectors to visit a military complex where it's suspected nuclear weapons research has taken place the meeting is scheduled for later today in vienna however the islamic republic is not expected to make any major statements before talks at the end of next week in moscow a number of western powers fear iran has been attempting to create a nuclear arms maintains its program was set up for peaceful purposes. have been killed after government troops clash with. the militants were fought by armed civilians and soldiers after storming a town north of jar the battle left at least twenty dead and three others were killed when warplanes bombed a vehicle in the south believed. forces yemeni troops are attempting to reclaim

town seized by militants last year during the uprising against former president salih. the u.n. human rights chief says u.s. drone attacks in pakistan are quote legally problematic and not comply with international law and suggested the pakistani government invite the un to investigate some of the strikes americans as it will continue the attacks despite calls from pakistan to end the tensions between the two countries rose last year when missiles killed twenty four pakistani soldiers prompting islamabad to block nato supply routes to afghanistan. political parties in egypt have agreed on how to select the panel that will dry the country's new constitution after a push from the ruling military council the previous panel was dissolved after secular and liberal members organized a walkout complaining that islam is dominated these soundly preparations for the new constitution come as egyptians for fair to head to the polls for the upcoming highly contested election runoff which is scheduled to take place at the end of

next week voters will have to choose between muslim brotherhood candidate mohamed morsi and hosni mubarak's last prime minister ahmed. policy or now reports egyptians are getting old and a political web to the point where they are failing to spot a growing danger threatening not only the economy but also their health. it took this from the forty seven years to accumulate his wealth and just one week to lose a third of it. that's one morning or open this place and found three buffalo lying down they wouldn't eat or drink anything all the houses in this village all the farmers here lost cattle within a month a foot in mouth disease killed thousands of cattle buffalo sheep and other livestock across egypt in march the united nations declared it a catastrophe and warned the epidemic could threaten human food supplies far and wide but egyptian politicians were too busy with the revolution to take much notice

. that the government did not do anything for us or animals are dying one by one and no one does anything. egyptians say the situation has been worsened by a climate of corruption. in government employees. and so corruption is very call these me business and need to be free to do anything when it was found out a new strain on the disease had hit egypt it seemed heart rates soaring and prices rocketing. people got afraid and stopped buying meat choosing instead to eat chicken and fish this push the price of poultry up by more than fifty percent while the cost of meat remained the same hussein says he's lost sixty percent of his business and is struggling to make ends meet the. things keep getting worse no one's buying from me either one of the people are waiting to hear if they can trust

them a lot. but they might be waiting a while after very for the roof and this has never affected the speed to this day to see all who are up to the only the people who show difference the don't want any sort of sightings they protest by the state that mean bureaucracy has never changed and doctors have taken to the streets to protest against a government budget proposal that allocates less than five percent of spending to the health sector but their despondent priorities are not the right. the previous regimes. said that perhaps the security security is the most important issue for them so they spend. a lot of money on there was the local. taxes disappear there was

a lot of corruption and we zoned this work is left for the. improvement of. services. and so behind the country's political jockeying is an unfolding public health disaster with potentially much larger implications for egypt and what happens on the political front. a federal judge in the u.s. has ruled washington cannot indefinitely detain american suspected of having terrorist ties unless they have been found in connection with the september eleventh attacks comes just six months after president obama signed the national defense or ization act which would have allowed american citizens to be held without trial or charge a judge ruled the act was unconstitutional last month but the obama administration asked her to reconsider the ruling attorney carl mayer says the actor and americans basic freedoms. but all of this is going too far in this country our civil

liberties are increasingly under attack not just from drones that are being sent over american cities not just from the police or now or paramilitary guard not just from wiretapping of citizens phones but the the ultimate attack on our civil liberties was in this case the homeland battlefield act or otherwise known as the national defense authorization act the n.d.a. which threatened to put him in a military prison indefinitely without benefit a trial lawyer anyone who quote substantially supported al qaeda or quote associated forces u.s.a. today did editorial and a tour realized that indefinite detention is un-american and it is un-american for president obama to continue to try to indefinitely detain u.s. citizens who are exercising their for their freedom of speech rights is contrary to everything that a constitutional law professor such as himself or had to stand for. now straight to

the world business now marina hi there what's happening well the russian markets are now open and investors here i know i'm feeling a very well and that's because of the client oil prices and i'll get to that in just a second but first let's talk about greece of course everyone is concerned what will happen after the parliamentary elections that are coming up there some people are discussing whether greece will exit the u.s. are on laws but we have been talking scenario of her being there he's the man who predicts that the world like crisis by can see thousand and he says the problem bennett see of the so-called gregson will remain quite high no matter what the results of the election will be. i would say that you know by next the i would say that is at least the probability that the greece exit the euro zone thing about actually even if they elect not into a new government there's another tried to get a forum that started an amish version of the comic so i was with them over that they will exit and i would say that it couldn't be good for them as long as the

exit is all of them. and means of them there are maps of the cliche showing that acts are a combo compared to the that are sort of brought the sort of bottle and of course there'd be damage the banks damage the savings of people in the banks and that's why they need more funding to make sure that he's not does overly meltdown and the contagion that i saw you was on his wall this was his on niggas see it that way and it's finance and he's all of the elite probably it's a manageable look on the bag. well let's review some international markets will start with russia which kicked off its trading session the. great performance by the markets on thursday that was on strong crude and gains overseas and today all of that has been erased you can see the r.t.s. is shutting over two percent while the my sex is dropping over that some of the reasons for that we have decline in oil prices now i'll talk about that a little bit later and right now it's the early to speculate on water as if i've been investors let's move on to asia it's been trading for a couple of hours now and basically it's a sea of red there as well make

a shot in almost two and a half percent of the hang over a half a percent and all of this is coming after china decreased its interest rates and its economy with all that in japan and energy firms are doing particularly well also because of the decline in oil prices and also exports which have been quite well in the past week are not doing great either and that's because of a pre market with poor showing a trade deficit now staying with japan we know that its economy perform better than estimated earlier in the first quarter in fact the figures suggest that japan's annual growth is now four point seven percent instead of four point one and that was reported back in may. this reflected the higher private consumption and state spending and that was after the country was horsehead by a devastating tsunami last year. you can see them with us the markets are closed so we're seeing the performance on thursday it was a mixed session as you can see the dow and the just all shy away as the nasdaq lost

almost a half a percent and the pessimism there came after us federal reserve chairman ben bernanke he said that the economy is not an easy to be a fax following europe's debt crisis and because all of you might see fiscal tightening there but mainly investors are war expectancy here for their monetary stimulus but that was announced yet so that there really help boost investor confidence there and then moving on to crude as i said prices there are going south once again we're looking at currencies right now so i would currencies euro is against the dollar would consider with that and then we have updated figures when it comes to the ruble and that's the reason they get both major currencies we know that the central bank has been putting a lot of efforts to strengthen the ruble and it has worked for a couple of days but today we're seeing that all go south once again right now let's do consider crude prices if we may there we go we see that light trading at eighty three dollars twenty nine cents per barrel when it comes to the brundtland

it's slowly approaching ninety nine dollars per barrel and then five crude heading for its longest weekly news in st in more than thirteen years so this is of course helping investors especially russian ones supersize and all this is coming from investors being concerned about the slowing economic growth in china as well as the u.s. now it's all the stories we have spain will focus in on again and that's because bridge has cut its rate in which means if things that the economy's ability to pay back that has now weekend the international credit agency also has the mate that the country needs and the extra sixty billion euros to shore up its banks but on thursday we saw strong demand for spanish bonds which traders say is a good side of the country categorize the funds. partnering us what i have for you this hour sounds great as always maria thanks very much and looking forward to more news next hour well here on our team play more coming your way including

a fire debate crossed up or that i'll bring the headlines stay with us. interpol's started here before going global and now it's cooling the fire.

choose your place take your stand. to. make your statement. smoke the word. coupon through the money. culture is that so much was made me i'm going to make it a lot of the plane carrying a burger much time for the euro with the greek economy in tatters and spain on the financial brink the future of the monetary union looks anything but bright. sunny. morning news today volunteers once again fled up the phone these are the images the world has been seeing from the streets of canada on china.