today. the euro zone's weaken nations are striving for growth the middle east cycle of cuts. more and more people are left on able to afford the basic essential. iran is key in solving problems in the middle east so says the un secretary general now in tehran while washington aims to downplay the meeting of states not aligned to the u.s. or nato. and ukraine's former prime minister will not walk free as the country's high court rejects her appeal against a seven year sentence for abusing. international

news live from moscow city center this is r t with me rule received a number of tough choices facing the eurozone struggling southern states as they battle to stay afloat germany has praised italy's efforts to reform as chancellor merkel has been meeting technocrat prime minister mario monti monti is seeking to help to curb soaring boring costs he's also praised germany for improving governance in the euro zone but more bailouts may be on the cards spain's leader was waiting for action from europe central bank before deciding whether to ask for help but one of its regions catalonia has meantime run out of money. and i.m.f. inspectors are in portugal to rule if the country has tightened its belt enough to receive more cash in may it was forced into asking for seventy eight billion euros worth of rescue. our deficits targets our target targets

will not be achieved and for a very simple reason that the medicine that. we have given to the party is the economy is self-defeating the economy is contracting so there is much less tax collection than what we had before so mainly because of a huge crowd on tax collection the portuguese government is again. and balanced budget which was after all the main point of having the money from the from the troika i think that there is an invasion on part of mainly berlin and barriers to having greece as the sole example of the medicine not working so in order to achieve that it is very important to portray portable as a country that is not that is unlike reese ireland as a country that is unlike greece and everybody else has it as countries that are and like greece so to say the problem that the greek problem then really characterized

as a problem of the greek political ethos of the greek god minister of history or culture or whatever the recession and austerity is not working either in greece portugal or ireland there seems to be no way out. what looks like a the austerity programs imposed across europe have done little to stem the spread of poverty that's forcing companies that have long been making a profit on the european market to drastically rethink their strategies to cater for people struggling to make ends meet artists or australia investigates with more than eighty million people in the e.u. at risk of poverty including twenty million children this has become an all too common sight in european cities as a debt crisis and its effects drag on from madrid to athens and even brussels twenty three year old the wrong is one of many jobless and homeless europeans when he's not out looking for. job he sits of this corner reading his favorite classics

hoping to receive enough money from passers by to buy some food for himself and his dog. before the crisis i had an apartment i worked as a group leader in youth camps there hasn't been much of a difference for me since then except the bread is more expensive everything is more expensive if i meet someone who gives me an opportunity and tells me ok you can work next week i'll say yes ok i'll try and if it works it works if not the nevermind. but the numbers don't paint a nice picture for people like no home and share everything is increasing and defeats almost all indicators for the job thing for us to even think we think it's just that it's. the. beach choir snow kind of take a shelter touch the most. this means it's time this is a higher consequences for people. and big companies are taking notice take you to

lever for example the company behind a slew of consumer products from shampoos to ice cream has started to look at europe from a different angle the head of its european business told the financial times deutschland that poverty is returning to europe multinationals in fast moving consumer goods are seeing the state of poverty in europe as more than just a passing trend the thinking of readjusting the strategies they use here and in point was a big use in developing countries such as asia where you find packaging like this one from this asian store and what you call sachets for each piece is much cheaper than a bigger package and therefore easier on the pockets of consumers a practice the company has already started doing in spain and greece people have to start saving on their most basic needs. shampoo foods so that's really showing you. what the prices. really means for many struggling people in europe there is a rather disproportionate burden on individual citizens. specifically the

increasing fear to rate. the on the most basic problem so that everyone uses it in their daily lives i'm sure this has a huge effect a crippling effect on people like simone a homeless woman and pensioner who only has three euros to spend each day one way or. the brain so i try to live where i can i don't see much my doing too much too all it's all because of the you're right many people have problems because if you can i see. problems that make the easiest target of reducing poverty and social exclusion by at least twenty million people over the next eight years seem further out of reach. tests are still here r t brussels. and as europe is struggling to pull itself out of the crisis political maneuverings in the us are trying to do the same look at whether a change of president can lead to a change of fortune some help battle unemployment and high taxes more like

a bizarre if the republicans place their hopes on mitt romney. now the united nations secretary-general ban ki moon has arrived in toronto take part in the summit of the nonaligned movement a bloc of countries that don't consider themselves in union with the u.s. washington has voiced criticism of the un's chief visit to iran and of the gathering in general i spoke with our u.n. correspondent. all about this. we have the united states really screaming at the top of their lungs weeks before the summit started that ban ki-moon doesn't need to go that it's really unbecoming for somebody in his position to go to the summit because it's being held in tehran and we've heard this from israel from the west everybody says. so we've heard it from the from the fairly standard groups israel the u.s. who you know he is american not attending a global summit but we know that in the past it's been hosted in venezuela it's been hosted in bolivia now it's entire on and all the alarms go off and surround it

with heart about it is that this is a rotating summit this is the sixteenth time i think that it's taking place and the only noises coming because of iran like this is a rotating presidency like anywhere else like the security council like a general and as they always say when any subject comes to iran. and its nuclear issue america says to be successful with iran to be opposed to shut it shut down its nuclear program then we must for the isolation but here we have one hundred twenty countries zero in on terror on seems to me who's being isolated here in my books for example if somebody invites a party and one hundred twenty people show up i don't think that's isolation the people who are not going are being isolated in this case it's the united states and the west and you know we know of course that all of these countries are in fact supporting what's going on and they are discussing nuclear nonproliferation in iran that the u.s. is complaining about they're talking about correction which as you said is a big subject that america always zeroes in on the crosshairs but also that syria iran saying that with this group although not aligned with they want to work

together to get a solution on syria or that america or the u.n. they basically tend to stick to the democracy by bombing campaigns absolutely while everybody you know is criticizing the summit the topics they're actually discussing such as syria that the whole world is you know completely puzzled about what to do they are planning to put together some sort of peace plan on syria and maybe the united states is afraid really an alternative could come up and that one hundred twenty countries could actually sign up to something else is it possible here i did say i might be moving a bit beyond my balance here but as a possible. world's policeman has got a case of sour grapes oh i think you might be right absolutely because you know the u.s. in the west is staying away from this while iran is hosting the summit where they're discussing issues that the u.s. wants to control such as syria such as the nuclear nonproliferation especially when it comes to iran and here they are discussing these issues that the u.s. would like to be part of but is left behind we were hoping that i would be very harsh on iran that he would go there and traditionally for him it's surprising that they were expecting this because he's a very soft spoken diplomat that the u.s.

was saying hopefully he'll go and he'll be very aggressive and tell iran off but what actually ended up happening was one came and said look iran could be a very effective mediator when it comes to middle eastern issues and that's what he said and something the u.s. i'm sure wasn't expect that was our u.n. correspondent and associate going to write this your headaches and meantime a geo political analyst from the u.k. call and website in london who says that iran is just trying to get what it has so far been refused by the u.n. . well for iran this gives them a diplomatic stage and puts them on equal footing with other competing nation's economic lee and diplomatically they're not afforded this sort of stage in new york city obviously the united nations is dominated by these sort of nato countries and the agenda is always a military one at the forefront and everything else at the back so this is a good opportunity for a rare and clearly one of you in this event happening in iran now isolates

israel the u.s. the u.k. france and all the sort of nato allies in terms of diplomatic strategy. well i mean time u.n. chief by command has said that he's planning to use the visit to address the crisis in syria in a few minutes here on r.t. we will look into the latest developments in the country and how world powers can make the media with hold information they do not want made public. now ukraine's highest court has rejected an appeal by former prime minister yulia timoshenko against her conviction for abuse of power to michelle who was sentenced to seven years in prison last year for her role in agreeing upon gas deals with russia which the current government says we continue crane's a kaname reporting from kiev artie's alex yet a chef ski. ukraine's former prime minister yulia tymoshenko who is now spending seven years in prison will not will free this is according to the high specialized

court of the country which rejected her appeal which had been running for several months now in fact it started in may and had been postponed on several occasions now the court has delivered its decision and it believes that the initial verdict which was given to you to a sanguine a sober last year will stand and there is there are no reasons whatsoever to counsel the decision of the court let's remind our viewers that your has been prison to seven years for abuse of power when she was signing gas deals with russia in two thousand and nine now certainly this case has been causing great political resonance and social resonance in the country with hundreds protesting against her imprisonment today was no exception indeed several hundred of our supporters gathered outside the high specialized court to voice their protest against the imprisonment believing this case was cool obliquely politicized now we also know that you had some assange was defending lawyers took this case to the european

court of human rights in strasbourg which has already started hearings on this case but it is expected that its decision will be delivered no less in two or three months from now but clearly the fact that this decision in kiev has been delivered may hasten the process of the decision in the european court of human rights a lot of international criticism has been drawn because of. victory on the coach and the authorities in ukraine have been fairly criticized by the european union namely by the german chancellor angela merkel who even refused to come to the euro twenty twelve football championship because of the tomasz ankle case certainly today's verdict may today's decision by the court may provoke more negative reactions coming worldwide and certainly we'll be keeping track of all these reactions i will be delivering all the latest news to our viewers as we get it. of course i will be tracking the continuing controversy on that story on our website r t taught a quick look and see what else we have in store for you right now in indian business

one causes uproar after opening a closed shop called hitler claims it was a nickname given to his grandfather find out why he's a brother unrepentant despite the local outrage. plus a u.s. navy seal releases a new book which casts fresh light on the killing of osama bin laden in his pakistan compound or some fascinating details there on our website. or in the quarter past the hour moscow time georgia's interior ministry says its forces of killed eleven suspected militants nearest border with russia three troops also died and five others were wounded in an exchange of gunfire the officers were sent to the region to aid local police in tracking a group of gunmen who reportedly entered georgia from russia's republic of dagestan they then took a number of local people hostage georgia says all hostages were released in the operation which continues with troops surrounding six militants in

a mountain gorge. now syria's president says more time is needed to win the war against rebel forces and warned against the threat of a no fly zone being imposed over the country now this as the opposition claims government forces intensified airstrikes on rebel held areas have been shelling was reported in damascus and the northwestern province of. deadly car bomb attack on a funeral procession on tuesday that killed dozens of people respond to ways of mutual accusations by both the warring factions and the saudis lucy catherine off reports much of the western media is painting a different picture to the one that president assad is trying to present. it was another disturbing example of the many atrocities committed throughout the syrian war a truck bomb with homemade explosives headed for a checkpoint to the entrance of syria's largest city. but the men that are loading it aren't assad forces they're one of the many groups

fighting under the banner of the free syrian army and their captive is said to be a member of this should be a militia with very close ties to the us a government the video filmed by the new york times and turn into an on air segment by the b.b.c. captured about human rights groups called evidence of an attempted murder a potential war crime under international law review of rebels from the free syrian army trying to use a prisoner as an unwitting suicide bomber in their attacks on government forces now the cameras didn't follow the prisoner who had no idea that while being blindfolded he was actually embarking on a suicide mission he simply thought that he was being given his freedom the very next morning he was said to have a scaped after the bombs failed to detonate the b.b.c. had aired a story on august twenty second but this glimpse into the darker side of some of the tactics now being used in the uprising never aired again the story was also pulled from the b.b.c. website the network told me that this was due to copyright issues and this very video raises the question about whether such tactics may be more widespread among the opposition than what has been previously documented they have yet to draw the

same level of scrutiny as the crimes committed by the government were challenged in syria is met with more whether by the government or the rebels the violence seems to be the name of the game and he further shatters the prospects for peace agreement reality for the civilians caught in this bitter war. for r.t. and moscow. and american author kevin barrett says it's not surprising that powerful forces can push the media into withholding pictures or information they don't want the public to see. it's pretty obvious what happened which is that the b.b.c. reported some news that higher ups in the western intelligence apparatus don't want them to report so they force them to take it out and that doesn't surprise me at all that's just one example of many examples of b.b.c. complicity in this military agenda you know the b.b.c. is heavily complicit in this series of wars of aggression that were triggered by the events of nine eleven and it's very sad because western journalism used to be

more independent and today everybody in all the big outfits located in the big in was speaking countries are putting propaganda twenty four seven three sixty. far just a bit later here on out see a former french intelligence agent who served in the middle east tells us here at r.t. that whatever the outcome of syria's conflict it's only doomed to more violence. if we go into syria i think it would be a nightmare. but we'll see some services probably the british game i think. maybe the french maybe the americans. in. the level of. in the support of the opposition when you send indigenous people even if you can say yes but i don't mean. to do and i don't know what i'm looking at the main prospect of you to stick with everything to get done is possible when you go.

down planes you could make when it's not a game it's not. moving it's middle east it's this very same age. and after these. people would be doing do we know. there were able. to plan for. killing. people and killing in someone. you can see the full interview with the former french intelligence agent out of a cloth money in about twelve minutes from now right here on. pirates have seized a greek on the oil tanker off the west coast of africa with twenty three russian crew members and a greek captain on board the hijackers exchanged gunfire with security forces from togo but did a scrape on the tanker it's believed no crew members were hurt the latest reports

we have here at r.t. said the tanker has been found but is still under control of pirates from nigeria a similar incident in the region i recently saw the crew released after the oil on board was stolen not. see is rather common in africa both of its west and the east coast's. by let's get into the r.t. world update right now we'll start with amsterdam it's where dutch police say a mix up between the pilot and the control tower was to blame for reports that the plane had been hijacked on its way from spain to. the reports did turn out to be false military police searched and released the aircraft after it landed at the city's should fall airport and the dutch defense ministry had scrambled two fighter jets to escort it to the airport when a possible hostage situation was reported. egypt says it will extend its offensive against militants in the sinai peninsula the campaign was launched after militants attacked and killed dozens of border guards a month ago and the operation has raised fears in israel about the movement of arms

into the area near its border where there are restrictions on weapon deployment under a current peace treaty but the sinai region has seen widespread disorder since the overthrow of hosni mubarak last year. a military outpost on pakistan's afghan border has been attacked by taliban militants eight soldiers reportedly killed it comes amid unrest that's gripped the country's largest city karachi for a second straight day and so far has killed twenty four people and the violence is linked to the pakistani branch of the taliban threats in response to a government offensive in the militant stronghold of north waziristan. thousands of students have clashed with police in chile's capital santiago after a demonstration demanding better public education turned violent protesters set up fire barricades and threw rocks at police who responded with tear gas and water cannons activists say the state education system is low quality expensive and

unfair. hurricane isaac has hit new orleans pushing flood waters over a protective wall south of the city it comes on the seventh anniversary of hurricane katrina which killed nearly two thousand people in louisiana meantime are over one hundred thousand have been left without power it's one of four u.s. states at risk with president obama warning residents to heed evacuation warnings as a storm turned into a full blown hurricane when it hit the main. this time of severe weather couldn't stop republicans from officially nominating their candidate for the race for the white house or mitt romney will face barack obama in november election but political blogger richard spencer says it doesn't matter who takes office hours neither will solve the country's economic worlds. it's wrong to believe that a president really any president has so much power that he can with

a magic wand make the dow jones industrial average go forward we're increasing all in a no president can really do this and another thing that's connected with that is that a lot of these economic problems quite mall in the making and if you really look back at what caused the financial crisis of two thousand and eight it was in part george bush's policies to get anyone with a polson to hold it into a thirty year mortgage but it was also the federal reserve's policy of essentially giving up free money to banks when it comes to low interest rates and also bailouts and things like that he's problems or more structural and they're deeper than just having a different face in the oval office and if you really think about it presidents get in or change they they come and they go but these bankers seen again. in just a moment as dimitri with a business though for now it's a sad day for russian sports left fans of the country's olympic team in

a state of shock the national women's volleyball coach sort of in the car died at the age of forty three with the cause reported to be suicide more details in our sports bulletin that's in about twenty one minutes from now. right off the demeter we go at dimitri syria's in trouble as western sanctions are starting to bite but how is the country chosen to diversify well basically it's now focusing on countries with a more friendly approach such as russia so basically boosting ties with russia is what damascus is going to do so they're saying that they will ramp up exports of crude for example and foods like all of the country's economy. has been in moscow for talks for that particular matter and in return syria is asked for loans and other assistance. all right now let's move over to the stock markets we start with the united states an assault looking pretty flat with the dow jones declining

point two percent the nasdaq up point one percent this is basically a waiting game for the jackson hole summit which is coming up on friday with the central bankers from around the world to be present except for mario draghi has said he's going to be focusing on bonds more and basically everyone is expecting some kind of hint as to whether it will the u.s. or will they not be providing a new wave of quantitative easing but apparently the consensus is that chances are they will not be. on the european markets we're also seeing a similar picture with the footsie down point three percent pushed down by minus such as rio tinto and b.h.p. billiton but the dax is up zero point two percent with pharmaceutical giant among the top games this. on the currencies market the euro is continuing. to slight the decline versus the dollar twenty nine points actually a moderate decline i would say now but compared to

a double of this volume gain that we saw in the previous session this is just a correction for as the russian ruble is almost flat now against the euro losing value versus the dollars and kind of. in line with that trend. and on the russian market another fifteen twenty minutes left to go with you are still down point eight percent as you can see that. one of the few stocks which is still gaining this so is this burbank it's on the better than expected profits results for the first half i'll tell you more about that next hour but now one hundred world from is of new cars will be unveiled at the u. moscow international auto show which is kicked off today of aereo and could see pilbeam is that. this year's most go automobile followed is now on and it's a chance for comic years across the globe to come here show up and of course do some business as well now the russian consumer becomes very popular in these times

of economic uncertainty and that's because elsewhere in the world you've got people reigning in their spending whereas here russians tend to indulge and that's out of fear of that russian ruble devaluating as i've done so in past economic crises now that's no surprise that you've got the likes of being. out of the overhead today to make some kind of impression also with consumption high here in russia during growth we are now at four percent for the second quarter of this year we compare that to other parts of the world that are dealing with less than one percent plus is also now a member of the world trade organization and that means that import tariffs are now going to be gradually reduced for the consumer that's fantastic news because it means cheaper more affordable foreign cars for the comic if it means more beer. competition and they're going to be under pressure to make better quality cheaper cars in order to compete well with the likes of eighty five new russian models

being introduced here today is going to be poetic it will put you to see to think that one of the main trends of today's old say so is it hello it's a great friendly car so hit and run not particularly popular because there's so much of that maybe a i mean like they're buying an electric car i frankly bizarre and that's because the other the eco friendly clunky and just confused about the goals of how to save face a few of the that just stations to charge up your electric car also you've got the weather to do away bad roads with green bay the main color scheme for today's event is like to say that boston automakers they made it up but the college board the night. and the very eco friendly katie fielding and this of the sports and force a very good to me to cheer so you send. back with the headlines in just a moment then a discussion about where on earth the arab spring will end where and when i think should be the question here without saying.

russia would be soo much brighter if you knew about some from phones to question some.