markets. find out what's really happening to the global economy for a no holds barred look at the global financial headlines to cause a report on the. greek financial struggles the focus leaders turmoil in war torn syria and washington's missile shield in europe take presidents for presidents of russia and the u.s. . the leaders of the group of twenty gather here in los cabos mexico with some big problems on their plate more details just ahead. hollow victory and islamist candidate egypt's presidential poll of when contested by his rival on the mind by the military granting itself legislative power. and with an oil embargo against iran planned for. global plans to resolve controversies surrounding tehran's nuclear program the top stories of the.

screen online this is not here with international news and comment live from new center here in moscow good to have you with us if you just joined us this hour. coalition talks which have been pushed to a second day as one of their effect on global finance is taking precedence for the g. twenty leaders gathering in mexico but the escalating violence in syria and u.s. missile defense shield in eastern europe have mainly been the focus meeting between president vladimir putin and american counterpart barack obama. is in mexico. president putin and president obama have met for the first time since the russian leader took office in may much of the meeting was behind closed doors as you would expect but from what we know they discussed syria so far the rhetoric between russia and the u.s. has been very tense on that matter moscow and washington accuse each other of stoking violence and both russia and the u.s.

agree on kofi annan six point peace plan which was designed to enable the syrians to choose their own future eventually but they see very differently on how to reach that goal aside from that there are some bilateral issues on the table such as the u.s. missile defense shield in europe russia still has no guarantees that he will be aimed at russia at some point in the u.s. refuses to give those guarantees and arguably with the election coming up in the u.s. moscow and washington won't be able to move forward on that march but there is a positive agenda as well the u.s. and russia are committed to boosting trade because right now it's seen below that ministrations made it clear that they are moving away from personality based relations and aiming at relations based on common interest and that's exactly what's happening when they disagreed there straightforward with each other when they cooperate well as far as the main mission of the g. twenty is a group would be you know to calm down the markets basically sunday elections in

greece showed an outcome which sort of eases fears around the wall at least temporarily of its falling out of the eurozone greece's conservative poll austerity party won the election because the majority of greeks you know they do want to stay in the euro zone but they still have to form a pro bailout coalition it's a very painful process for the greeks the conditions of those bailouts but the fears that the country could fall out of the eurozone made investors very nervous about how they're financially shaky economies in the zone italy spain portugal they're borrowing costs are growing and the fear is that they will be constantly seeking international bailout and europe will be trapped in a vicious circle what became very clear after the financial crisis of two. thousand and eight is that the world has become so interconnected that a crisis in one country can send shock waves throughout the world that would be good about the g. twenty is that you have all major global players in one place you have advanced economies and powerful emerging markets china brazil russia india and they you know

they tackle not only can i make issues although the g twenty got together for the first time to rescue the world from the credit crisis in two thousand and eight the brics group that is brazil russia china and south africa had a separate meeting there pushing for a multilateral world for updating all the institutions like the i.m.f. . which are heavily dominated by the u.s. and europe whereas it's the emerging markets and now which are the engine of the global economy the russian president by the way has stepped that you g eight summit earlier in may he said the prime minister and his article came out today about the challenges of the global economy was clear from the article that he sees the g. twenty as a war inclusive platform for talk maybe not as. good as some of the other you know smaller summits going to talk to be learned from mexico greece assertion is puzzle party says that he hopes to see a coalition government formed choose day but financial strategist thomas he thinks

he spoke to me to lead your analogy that even if a deal between parties is reached the whole of the greek people will remain represented. i think it is quite possible that you will find a coalition within the next few days but there are two things that are important to note here the first one is that the parties in question new democracy and pasok they only have the majority in parliament due to the peculiar greek election rules in fact more than fifty percent of forwards went to e.u. critical parties so i think you might want to find a product correlation before want some true legitimacy to the decisions that will be made that suggest you might have some difficult negotiations but more importantly none of the two blocs in the greek parliamentary election had a credible plan for turning the greek economy around from its current meltdown so regardless of who takes over the risk of a greek exit from the euro remains high there will be a renegotiation of the treaty or preschool eventually have to leave the euro and the problem here is that if economic circumstances are allowed to deteriorate any

further now everybody can see already today that austerity is killing greece it's also killing spain portugal ireland and other european economies if you leave that to fester for too long it won't be a deliberative political decision when greece leaves it will be forced by economic circumstances so i think germany will have to back off from this one of face a responsibility of some kind of europe break up before too many months have passed . and i'm just going to some news in from the g. twenty summit in mexico concerning president putin and obama they had talked behind closed doors and they say that the syrian people should be able to make decisions on the country's future on their own without foreign interference this was in a joint statement adopted by both leaders after that meeting there in mexico the statement says they will continue their dialogue america's missile defense shield in europe and they also say that the raunch should abide by the u.n. resolution and cooperate with the u.n.

atomic watchdog latest developments there concerning the meeting between putin and obama in mexico our correspondent from there we'll bring you more in the next hour . here on r.t. . egyptians have had their say in the country's first post presidential election but there's still no sense of closure the islamist candidate mohamed morsi says he's won a claim rejected by his rival former regime official feat the final results are expected on first day but the ruling military is already undermined the vote by issuing a decree that gives it sweeping legislative powers. is in current. people are beginning to gather in tahrir here square just as the muslim brotherhood candidate dr mohamed morsi makes the announcement that he has won these elections and that he is egypt's next president the muslim brotherhood claims that ninety nine percent of votes have been counted and according to their own people who were present at all of the polling stations throughout the country the candidate came in with some thirteen point two million votes this is the equivalent of some fifty one point

eight percent and they put the contender after which i think at forty eight percent now is challenging this he says that this is a deceit of the egyptian people and interestingly enough there is an independent television station here in egypt running reports that it is just sick who is in the lead and they quote independent election observers but it is worth noting that last month during those presidential elections being with the brotherhood gave its own results before the official results were announced and those results were completely accurate if morsi comes forward this does paint the scenario for a showdown between the military and the muslim brotherhood because of course shafiq is the military candidate now the army went so far as to issue an interim constitution it has made itself effectively egypt's in all makers and it says that it will be responsible for appointing those people who were draft a final constitution these are important elections but there are

a lot of questions that still remain unanswered questions such as what power will this new president have this needs to be debated in outlined in this new constitution and of course the overriding question whether or not the military will hand over powers of promises of will on the first of july and indeed even if it does will it continue to control the strings from afar and if yes to what extent. poulos lou talking to me learning from correlates discuss this with somebody condit is a revolution activist there in cairo. somebody with which of the candidates would be the better option for egypt from your point of view. my candidate. you can hear me right. here i hear you can you repeat your question again yes i mean i know that you're a revolution activists and probably not very pleased on who you're seeing there standing in this election but given the choice of the two who would be the better

option from your point of view. better option of course would be look for mohamad morsi. why. why mohamed morsi book because muslim brotherhood away from on my. from differences between me and them has left us and they are. right wing right wing there's. a part in the revolution. as i did so. it was on the other side of the revolution he is. and he's coming with and i'm tired of illusion campaign he said he said i caught him when he said. very pollution succeeded so he is against the revolution and i'm against anyone who

is against their will but are you saying that your preferred candidate most eat if he does win does that mean the revolution is over from your point of view. from his point of view from spawn to view pollution evolution has come to an end you know what about my point of view. my point of view. continues despite of anything. mohamed morsi. what mohamed morsi did now and he's. the head of the count i see this as a little victory. to their revolution as someone who was with us in the square and someone who would struggle against the system. for their boss here. despite the differences between. us and them. among muslim brotherhood

but it's a better then someone from the old regime. so. yeah just just for this story continue. from my how i told you of lucian continues and process of change. will continue and our struggle against. any of the egyptian revolution when it will continue and i think the muslim brotherhood will do a good job in that because they learn from their mistakes in the us ok somebody thank you very much and if you time somebody called the revolution activists there in karachi thanks for your thoughts your welcome is all to live here it will stay with you twenty four hours a day two russian landing craft are ready to head to the syrian port of told to use to protect its naval base and citizens there if needed the sources from the russian navy is saying the vessels will carry a group of marines to syria. he has the details. according to an information from

an anonymous source high position source within the russian navy ships of the russian black sea fleet all set and ready to head off towards the syrian port of where the russian naval base is situated now we understand that those ships stationed right now in the ukrainian crimean near the town of where the russian black sea bass is. all ready to head off any minute should such an order from the russian military command the ships mentioned believed to be two large warships of the russian black sea fleet able to carry three hundred military personnel each and about three thousand tons of weapons. they've already been many concerns as to why russia is sending two ships with military personnel into conflict zone in syria but clearly all those concerns have been refuted by some of the people from the russian navy saying that russia has every right to protect its property in syria the naval base and certainly

a very important strategic place for russia ever since the collapse of the soviet union russia has lost many naval bases in the world and is one of the few remaining which certainly has a very very serious strategic importance for the country the sources within the russian navy have been saying that this potential move has nothing to do with russia supporting the regime and selling weapons to syria this is purely about protecting its property and this does not violate any international law and international agreements. that the u.s. had. from hillary clinton's remarks that russia was also supplying us with attack helicopters results reports these accusations are doing nothing to help the escalating conflict in syria. as the syrian crisis becomes ever more brutal by the day. critics say that key players trying to resolve the conflict have been raising more questions than answers unfortunately what we are seeing is reports

that are in parley with. the participants in one side of this plan slick and that's very very dangerous because of course when you hear only one side of information your conclusion is always in their favor there were the massacres committed and close range of over one hundred people the vast majority of them women and children some killed by heavy weapons the other killed it seems by every indication by the should be a militia is acting on behalf of the government western leaders were quick to blame the assad government for last month's houla massacre even when their own media couldn't draw the same conclusion b.b.c. world news editor john williams was in syria he reported quote the details of exactly who carried out the attacks how and why were still unclear yet the old line of blame damascus was still being shouted the reason that the situation on the

crisis has become so good and that there is now a space for these good elements to come in and cause mayhem in syria is because the syrian government has failed to live up to its commitments under the u.n. i am plan its commitments to the international community as britain scolded the assad government for bypassing the peace plan the free syrian army was planning a bypass of its own demanding that joint special envoy kofi annan should quote issue a declaration announcing the failure of this plan unquote freeing the opposition to carry out military operation against the government i'm sitting down but i did it deliberately meanwhile channel four journalist alex thompson claimed syrian rebels deliberately let him into a death trap to be killed by government forces according to thompson's account. one rebel said. bradford to market then comes the washington divide over who is aiding damascus one voice says we have confronted the russians about stopping their

continued arms shipments to to syria and we are concerned about the latest information we have that there are attack helicopters on the way from russia to syria while another says the opposite i have not seen reporting that indicates. that the russians are providing attack helicopters to the syrians i have just not seen that the us flip flop on brusha coincided with the un's fancy footwork regarding the state of syria the united nations for the first time saw a u.n. official describe the situation in syria as a civil war in an interview with reuters he went under secretary general for peacekeeping operations they let sue confirmed that the syrian crisis could be characterized as a civil war declaration countered by the un the next day well i think it's clear that it's not for us to determine or formally.

characterize the nature of the conflict in syria a conflict that many say isn't just black and white but illustrates many shades of grey following sixteen months of conflict the united nations is leading efforts to stop the violence in syria however the information war taking place outside the country may prove to be the biggest barrier to the elusive goal of fully understanding and solving the problem marine up or to. me or. the stories in-depth analysis would have you on our website of the moment. is a quick look at what's there western governments increasingly indulge in online censorship google to remove political content from its services. so the chinese get closer to creating a national manned space station after three astronauts successfully with. a website all to dot com the first day of talks to try and break the long running stalemate over iran's nuclear program has wrapped up here in moscow more

negotiations between iran and the six world powers a plan to choose day as europe and the u.s. prepared to slap their toughest sanctions to date on the islamic republic. as the latest. but we've heard from the iranians today as a regeneration of their position that they want an acknowledgement of their right to win a ritchey radium force the billion nuclear purposes and president mahmoud ahmadinejad seemed to indicate on his website that iran would be willing to hold high level uranium enrichment if the world powers agreed to meet its need for the fuel that the remains are also hoping that the west will scale back its sanctions which of course significantly hurting our oil exports and the arabian economy but the message from the region european union today with a plan to end our ago against iranian oil will continue in less than two weeks this of course in addition to american banking sanctions that the west meanwhile is holding tight to its position that it came to in the last months meeting in baghdad where they're demanding the arrhenius halt to rhenium enrichment above twenty or at

twenty percent which is close to weapons grade which again iran insists is for civilian purposes only and also ship some of that stockpile out of the country and exchange the west would give iran some supplies for its reach research reactor as well as spare parts for its airliner commercial fleet a deal that the iranians today have not said a is fair has said it's unbalanced in the words of one former iranian negotiator diamonds for peanuts so a difficult situation thus far some countries are indicating this is the last chance for diplomacy before the talk turns to war though we've heard israel threaten again to attack iran should these talks fail the israeli president today in fact said that iran is running out of time and if things continue on its current course war would be the option and we have to keep in mind here that the u.s. president is running a tough reelection campaign and is under some serious pressure from the u.s. congress to consider the military option should there not be

a breakthrough in these talks. talk to you on some world news in brief now twenty one minutes in the russian capital at least fifteen people have died and forty been wounded in an attack north of the iraqi capital a suicide bomber detonated his explosives at a sheer funeral in the city of baquba the violence was the latest in a string of assaults and shia muslims in recent weeks with thirty two killed on saturday alone. israeli tank fire was killed two people in northern gaza the jewish state says it targeted palestinian rocket launchers israel carried out an air strike on the gaza strip that left two men riding a motorcycle dead officials claim the attack was in response to recent sniper fire and was aimed at suspected palestinian militants. but was told through a bus carrying students in southwestern pakistan killing five and injuring over fifty police said the explosive was planted in a vehicle parked in the suburb of the city of quetta no group has yet claimed responsibility the area is known for sectarian violence and active minister. french

socialist reforms after their big poll winning the country's parliamentary elections results give president the power to fulfil his policy promise of economic growth instead of belt tightening on a pledge to raise taxes for large corporations instead of cutting budgets to tackle financial crisis is the first time socialism take control of part of. the latest edition of the sunday show on r.t. this tuesday the world's top whistleblower talks to a pakistani anticorruption activist and politician known by some as a one man party explains why he thinks america's war on terror has devastated his country. i wanted everyone when i was working out in the election that this election as it is it's going to be a disaster for the people of iowa as the it's only meant for the bush administration to have one who. was sure of was struggling so it was like to go they wanted the government so they could pursue this war on terror we're not

a lot of them was going on. and saw the mother so whatever it was sitting up she went to the roof the war on terror was has been devastated by this are full of because for two thousand and one that is the beginning of what we have nothing to do we're basically our own army killing on a limb and then get it then doing so so the notes on the box that it's evidence how would you reconfigure the pakistan relationship with the united states were going to be a complete severance what would you permit drone strikes what kind of intelligence cooperation what would you do in practice. have a relationship based on the dignity self-respect so it should be a relationship like the us as with india it should not be a relationship with moscow relationship it any worse they're focused on as

a hired gun being to kill america's enemies it's not it's a delicious ship that has feed it's now delivered to the people above just on what has it delivered to the americans. and you can watch the latest from putin a sancerre on this tuesday at eleven thirty g.m.t. . one of trying to get the latest in the world of business and money christophe is trying to give apple some competition from what i understand. five this is the first time in a very long time that their factory structure in their own business but many analysts are doubting whether it will actually give it stiff competition as you said that in fact its shares are dropping around the one percent would just goes to show there's not a lot of confidence we'll see what happens it will be unveiled later in the day so we'll have some of these for you tomorrow but let's take a look at the u.s. markets and see what's happened in there basically as we saw in the previous hour

it's still a mixed picture we have investors are reacting to a number of issues first of course we have optimism coming out from the election results and greece because we had the majority of votes went for the pro bailout party which does this really mean that greece will not exit the euro zone but there are higher hopes that it will remain in the region also we have the end of the national association of homebuilders was far more confidence among us on homebuilders in fact the reading there is at its highest since may two thousand and seven but at the same time on the down side of things we have the fact that borrowing costs are going up in spain and this is not really helping investors if you move on and take a look at europe and the closing picture there it was a lot of optimism a lot of enthusiasm in the first few hours of the trade in session. as the day went on and that's because and nurses came to grips with reality and that means

basically that it doesn't necessarily mean the result that we saw from the greek parliamentary elections as necessarily mean that greece will not exit the euro zone it's not set in stone also uncertain surveys that haven't been any there has been in the actions taken by policymakers and this is what investors want to see and in fact we spoke to peter weston from atom invest. and by the end he outlined his business and all this is wasted in the euro zone and what we could expect. you to be a little more. of a government very quickly that would add some more relief to the market however the overall situation in europe seems to be far from from from over we have a spanish bond yields today rising above seven percent for the first time the tally in bond yields went above ten above six percent again so overall the this situation on the on the situation in europe are still very much alive and investors concerned . and a lot of the current season see what's happening with the euro i believe it's still

losing yes it is losing against the dollar in fact it dropped from its highest point in the month versus the dollar when it comes to the ruble it gained against both major currencies on monday close and have a bit of thinkers again tomorrow now if we take a look at the russian markets they are one of the only ones that remains optimistic throughout the day and to the reports from greece of course the results from parliamentary elections today is that the markets were reacting to that and basically we saw the r.t.s. and then quarters of a percent in the black and my six and exactly one percent higher and this is all the spot of decline in oil prices if we take a look at those heading for a fifteen month low never a great sign for the russian economy because it really depends on that but they really have their facts on the russian markets as we saw lines we've traded close to eighty three dollars a barrel and the brian is approaching ninety six dollars per barrel on this is how

the business world looks today bill thanks. people to see you. with the latest business news now in just a moment is time for peter libanon he's crossed all guests that'll be off the headlines and up there with me here not to stay with this. culture is the same i understand my coming out of always being with a man would be

a new fire from the market this is made of the american empire because it suffering from military overreach and katie continued to afford such a massive global military presence. in the be. to the limits to the beyond. the beyond . the be. the best.