the attending nations to support the rebels and the war activist sara flounders has told me that morsi is trying to do america's bidding who didn't want to see the meeting go ahead there was an all out effort to stop this made in an all out effort to blockade iran itself and to stop any country from having any economic or political relations with iran whatsoever so over the very fact that one hundred and twenty eight nations. thirty five heads of state have come to tehran for this reason it is of extremely short of that now will they all agree with each other no i don't think so. will this be a voice and a possibility for the future i think that the potential is still there but we should be aware that there's big pressure. very much so on every one of the countries i can understand fully syria walking out because they are playing they

say absolutely game change there's every effort of the us to intervene and they're already intervening now their threats of the no fly zone arcs really dangerous this time. as the eurozone is failing to break free of its crippling economic crisis the leader of powerhouse germany is eyeing profit in the east on a visit to china chancellor angela merkel is aiming to convince beijing that europe is still a safe place to invest with billions worth of business deals having already been signed. has the details. i'm no stranger to china this is her sixth trip to the country since she came to power in two thousand and five and there's going to be some big business to be talked about during this current trip and it's not just politicians of the day on this visit a group of around twenty in the delegation including people like siemens and volkswagen who are all there to show that the eurozone still is

a stable market to invest in but china has its own vested interest in seeing the eurozone stick together europe is china's biggest export market so there will be support there from beijing to keeping the monetary union together but just expect some kind words they shouldn't be any talk of cash coming forward from china to help the ailing eurozone now there is talk of a special relationship between germany and china not unsettle some people in brussels who feel a little left out and when you look at the figures you can see why some nations would be feeling like they're not getting a slice of the pie trade between the two countries is set to rise to around two hundred and eighty billion dollars by the year twenty fifteen well the reason that the to make such good economic bedfellows at the moment is that germany produces the machinery needed for china's manufacturing industry germany also sees china as a growing market full day or exports since the orders have started drying up from

within europe due to the people simply not having the cash to buy german goods within the european union and within the euro zone monetary union so will be the eurozone crisis an increasing economic ties that will top the bill when it comes to trying to immigrate talking to the chinese leadership but what will be underlining the meeting is a cruel fact that germany needs china far more right now than china needs germany. peter over there in china's prime minister has also called on greece italy and spain to grow go through with reforms and budget cuts to get their finances back on track let's now talk to hans küng the nanny who is the editorial director at the european on foreign relations or despite his warnings chinese president hu jintao said he supports europe's efforts to overcome the crisis in what way could we see help then from the east. well as your reporter suggested the big hope in europe

is that the chinese would invest in some of the new vehicles that have been crazy like the european stability mechanism. the chinese. offer lots of words of support today and yesterday but not much in the way of concrete promises to buy bonds in any case the chinese don't tend to make their bond purchases public so we don't know for example how much the chinese invested in european bonds in the last two years since the euro crisis began anyway and we probably won't know so there's a lot of there's a lot of uncertainty about that so china wary about europe's debt clearly owns a lot of european debt at the moment those big deals we've just seen including a three and a half billion dollar air bus deal clearly that would help much of europe or any part of europe i'm thinking obviously there's a two tier element to europe at the moment when the south part of europe the ones

which are really in trouble there you remembers their benefit. yeah that's a good question and i think that's the sort of general question about the special relationship that as your reporter suggested is to developing between china and germany the extent to which this is in germany's economic interests and essentially this is in the interests of europe as a whole in the case of a bus obviously this is a european company and so it would benefit not just germany but also fronts. and other countries in europe but lots of the deals that have been signed. off the german companies rolled into european companies and so in that sense there is a competition going on between germany and other european countries generally seems to be winning that competition and just how helpful though all of these contracts for for the economy are obviously we talk about germany but for europe i mean short of these investments they seem pretty big these contracts will they actually help. they will i mean they you know these these and this is the reason why why merkel

and other european leaders are so keen to sign such big deals with the chinese is that they they create jobs so they do have they do have an impact in that sense from the start of the crisis germany has really been trying to to bind the euro zone into a tighter political and economic union chancellor merkel is always stressing how it's the only way out of the crisis do you think that policy is going to work if she really stick in pursuing that. it's very difficult to say she's talking now about political union and that. as she's making the idea of debt mutualization within the euro zone dependent on the creation of a political union and it's not at all clear whether they'll even be support for that in germany there alone in some of the other euro zone countries and in any case even if even if there was support this is obviously going to be a very long. process of creating

a place where union within europe and the question i think is whether that will be quick enough to save the euro political union as well as a fiscal union the course of many states not happy because that of course could threaten their sovereignty their democracy right and the french in particular has to involve france if it's going to if it's going to fly tall but also as i said as i said in any case in germany also there is it's not clear that a referendum on. political union in exchange for debt mutualization can be one german public opinion is increasingly euro skeptic too and some polls indicate the majority of germans now opposed to the idea of further integration so it's not at all clear that if that were put to the german people they would vote in bather hands good to talk to you thanks very much your time hans küng the man in the editorial director the european council on foreign relations joining us live here on r.t. thank you. what does remind you that our team at r t dot com is working twenty four

seven to provide you with the best stories and videos from around the world here's a quick look at what we have for you on the web site the school of hard knocks despair for two thousand students in the u.k. you may face deportation after their university lost its right to foreigners. plus the massive massive charge to end them all a new global best in thailand with relaxation all round at this remarkable record breaking down see the video and story in full at r.t. dot com and catch you on our best videos on you tube channel. the killing of a spiritual leader of dagestani muslims by an islamic extremist is being seen as another sign of the steady rise in radicalism in russia he attacked him on tuesday when a female suicide bomber entered the clerics home disguised as a pilgrim and blew herself up concern has also been fueled by last month's double sort of muslim figures in the republic of stand some experts believe the roots of

extremism lead all the way to the middle east but others say the threat from islamic hatred could be even stronger. reports. the trip to work the tragedy stands head moved he was driving when a series of blasts threw him from his core the man who's been openly against the spread of radical ideas among the lever survived to fly in and his deputy was shot dead in another part of town in masturbators still don't know the exact motivation behind the attack but the spotlight is now on to understand most people here are muslim and that gets mentioned more and more when it comes to the spread of radical islam in washington. some of the local muslim communities are financed by arab families from states where work is an official religion because the money has to be worked off and they demand their ideology is spread here it's. like a business is one of the most fundamental branches of a. slum it strongly advocated in saudi arabia which backs it up with billions of

dollars of support across the muslim world its followers often oppose all other religions sometimes even calling for jihad holy war against them but you know the radical movement of us lot of course not part of the official religion here but i thought he saw a different ideas often taught in small mosques hidden from the mainstream. like this one form a boiler house rebuilt into a mosque in one of gazans many apartment blocks they aren't it's a mom's denying radical but admit they do not support our stance official branches of islam and we don't divide brother muslims and there can be no radicalism no terrorism these are words only used by prove a kidders who want to discredit as. we were told here believers are taught to sincerely any quality there are no longer up held in modern society look at with justice can only be achieved through islam and when someone says islam is the only

fan way of life and social order they're called radical or extremist and what's the punishment for stealing a hand chopped off. not the kind of punishment you'd find in russia's criminal code nevertheless such ideas are reportedly gaining more support among young muslims for some experts it could be partly to blame on how the list of banned extremist literature was thrown together. often in books by classical world famous authors have banned or in some of prophet muhammad saying how can we expect muslims to react and of course the radicals use this to gain influence. of course that our son is a long way from becoming involved by the war stuff radical islam how the state reacts to the spread of extremism is now the wrong moves could only worsen the situation you've got this kind of already gaza. the other star. well the russian city of

because it's come under the spotlight again this time as two women were found dead in their flat with the words free pussy riot written on the wall above them apparently in blood it's being treated as murder both the elderly woman and her middle aged daughter died from multiple stab wounds authorities are investigating whether the killer was a supporter of pussy riot lawyers of the band of already described it as a provocation three members of the russian punk band were jailed earlier this month for two years for performing a so-called punk prayer in the country's main cathedral. you want your to come to you live from the russian capital still to come for you in a few minutes from now a stairway to heaven the idea of a circle in the air is now being put into practice and find out about the plans to board the build an elevator into space. but first an oil tanker with a russian crew that had been seized by pirates off the west coast of africa has been freed none of the twenty four people on board were hurt that's according to the russian foreign ministry the pirates pumped out some of the oil and made their

escape the tanker was seized on choose day after an exchange of gunfire with security forces from togo it will now continue its voyage. to update you on our main are international news stories in our world update this hour five australian soldiers have died in afghanistan and a pair of separate incidents two soldiers were killed when their helicopter rolled over while landing and just hours earlier a man in an afghan army uniform opened fire on australian soldiers at a military base killing three and wounding two the so-called green on blue attacks in which uniformed afghans turned their weapons against coalition allies have surged this claiming the lives of forty five troops. scandal hit barclays bank is facing another fraud investigation over the billions it raised from middle eastern investors in two thousand and eight the bank is suspected of not being open enough and one of the page advisors when it raised more than six billion euros of emergency capital at the height of the financial crisis barclays was also recently

embroiled in the role of the libor rates the rate at which banks lend money to each other the reputation of u.k. banks including standard chartered taken a battering after they were accused of breaking the sanctions imposed on iran. rescues in southwest china racing to save twenty one miners trapped in a coal mine after a gas blast left twenty six dead explosion happened on wednesday evening when over one hundred fifty people were in the pit the owners of the mine had been detained for questioning coal mine accidents killed almost two thousand people in china last year where safety rules are often neglected. and a spectacular fireworks display proved to be one of the highlights of the opening ceremony of the london twenty twelve paralympics the show believed to be the event's most watched ever competition will last eleven days four thousand athletes from around the globe taking part wheelchair basketball swimming and track cycling all feature on the first day. well forget rockets and shuttles

a lift could soon become the new way to get to space american and japanese companies are working on projects to achieve just that but at the heart of the groundbreaking development a russian idea. explains. as strange as it sounds the idea of a space elevator has been around for decades it was a russian yuri azza turn of who in the one nine hundred sixty s. had some of the first modern ideas on it first you would have to send a satellite up into geostationary orbit then a line could be lowered and secured to earth and another one up into space as a counterweight all of this would keep the line tight and allow spacecraft to be lowered up and down it at thousands of kilometers an hour and at the fraction of the cost of space flight it could literally be our lift to the stars and it's not far off as you might think most of the technology already exists the biggest problem being that cable reaching out into space to make one strong enough to stretch the thirty six thousand kilometers necessary scientists think you'd need

a material over thirty mega yury strong that's the measurement named after yuri arts the turn of the strongest material available now is just three point nine but new projects are trying to solve that science problem and make the space elevator a reality they want it to reach the moon in american company live porters raising money for the project and the japanese firm corporation aims to have one up and running by two thousand and fifty in the meantime russia is working with ukraine and kazakstan to try and build super sized booster rockets for more traditional trips to the moon but who knows by the middle of the century we might have swapped iraq it's for a distant cousin of the humble lift parties to their the media is next with business news and he'll be telling us all about to the global finance magazine that is rated central bank heads around the world with russia getting a better grade than the fed an easy be that story and plenty of others in our business next with dmitri.

in a warm welcome to business r.t. russia's central bank chairman has landed near top notch in the global bankers rating beating ben bernanke he and mary are drug global finance magazine as graded fifty central bankers with marks from a to d. on the basis of several criteria including levels of inflation and climate in their countries the biggest grades were given to only six heads of financial regulators including the ones from australia canada and israel interestingly the chairman of russia's central banks of gig nattie of over took his colleagues from the fed and the e.c.b. he was given a b. plus great while ben bernanke you marry a druggie had to be content with just b. and b. minus respectively. well a second ago what was happening on the stock markets on thursday this is the closing picture for europe many reasons to be depressed for investors on this trading session mainly because of the u.s.

jobless benefits standing flat and that means hiring is basically at a halt and the economy is not developing really quickly but still it's not harsh enough to have the federal reserve chairman ordering a new wave of quantitative easing but we'll have to wait for the jackson hole summit in wyoming on friday for that. and on the russian market also a bad day with the r.t.s. in the my six dropping the my six supported a bit by the weaker ruble but lower world prices were not providing much support to the markets some of the worst trading stocks were financials with the t.v. dropping more than two percent. gas giant gazprom megaproject stockmen has been put on hold and other parties involved gas from norway starts well in france's total they say that it's not feasible enough as costs are running

very high while demand is faltering but bradley way from our nation's capital says this latest decision does not necessarily mean the project is do it. it's important to note that gazprom in our view isn't exiting the project gazprom is indicating to investors into the government that due to the location difficult conditions in the current tax regime that this project is difficult to proceed so anything that we're seeing gas from exit per se i think we've seen gazprom communicate publicly what it views how it used to project what is really signaling is that many of the next generation projects shelf projects offshore projects or arctic projects are going to need a different tax structure whether it's lowering taxes or changing the set up or framework within which they are taxed so i think that this is an indicator for next generation projects across the board. and staying with energy projects ross they have to know where you stand so well have agreed to create joint ventures for the arctic project situated in russia's territorial waters that's what will fund all

exploration costs a known thirty three percent of beach joint venture agreements also foresee exchange of management and technical personnel between us. and that's it from this business update coming up next the headlines on r.t. do stay with us. all.

is easy. to. see. wealthy british style. that's not on the title of. markets why not come to. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars or report on. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something

else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom hartman welcome to the big picture.

story. of a meeting. taking place in tehran. president assad's regime. is pushing for something russia and china strongly object to. continue. to drum up business. major. reforms. coming up loved by the people but feared by the banks. but with more.

max keiser this is the kaiser report yeah now i know i jamie diamond doesn't come on the show stacey max the first headline might have something to do with that economist appearing on max keiser show forced to resign this is on forbes magazine max and in an email confirming the action sandeep jaitley explained to me apparently they don't want to burn bridges at the gold standard institute and i take this to mean bridges with large benefactors and partners however jaitley is unfazed and values to continue his work including a ph d. acceptance speech on the lewd big split from carl manga and eugene vaughan bone by a work regarding certain aspects of interest rate theory but. you say i

figured out that the whole mrs institute was populated with dangerous ideologues and that these guys formed the basis for the corruption on wall street for the financial terrorism on wall street they referred to the media's institute as their ideological framework that's why they're dangerous ideologues that we have a guest on the show just talking about it in general terms he's fired now what do you see that saudi arabia iraq afghanistan i mean you see this in totalitarian regimes of course i knew this was the case and that's where we're coming out of the maze of well as forbes says i like sandy because he challenges orthodoxy and a thoughtful way aside from the illuminating monetary debate sparked by jaitley as a guest on the kaiser report the forced resignation of an economist is both interesting and disturbing well if they're there they're fake libertarians out there in the u.s. people call themselves libertarian or not they're fake they're fake austrian school

here and and the whole room school is bogus and from here to sunday the whole all those guy. are the fake ideologues that are fueling the basis of the jamie diamond's the the alan greenspan's the lloyd blankfein the terrorism so let's move on to this next headline max group occupy protester accused of bank robbery for holding your being robbed a sign an occupy easton protester faces an attempted bank robbery charge following an arrest at an organized event at a bank during which the occupier was holding a sign that reportedly read you're being robbed dave grusin skee allegedly held cardboard signs outside a wells fargo branch that read you're being robbed while the other said give a man a gun he can rob a bank give a man a bank and he can rob a country the thing that got the police called however was that he was protesting outside bank of america and an employee activated the panic alarm oh right well you know we're sort of panic button was a panic alarm bank of america and

a ploy inside the bank saw somebody pointing out the fact that bank of america is stealing money so they have the words aren't perfect but it gets them actually max when we were pushing the panic button when we were saying there's fraud happening in the system there's manipulation happening in the system there's a fake bubble in the system we're pressing the panic button and here's what was told to the global you know panic button pushers this is a clip that somebody sent me from two thousand and seven bertie ahern he was the prime minister of ireland at the time here he is talking about the naysayers those pushing the panic button sitting on the sidelines or on the fence crippen a moment is a lost opportunity in fact i don't know how people who engage in dot don't commit suicide that's right that was the response at the time that the market fundamentalism the side the ology that's pushed by the freaks on these think tanks whether it's measles or adam smith institute they get these folks around the world

like bertie ahern who's a market fundamentalist of the time to suggest that for anyone challenging the. they should commit suicide instead when they should have been pushing the panic button saying women will find interest on this show and first part because a terrorist is taking over a budget system we did put some office project in one tom oh no bertie or her was there in front of his compatriots justifying the whole scene of his country thanks bernie well you know there's mass hunger desperation poverty people having to forced to leave ireland because bertie hearn was telling people to commit suicide in fact people are now committing suicide because at the time bertie ahern was telling the journalist the people who were speaking up about the fraud in the system he told them to commit suicide and notice that the industry the mainstream media in that moment with him were laughing. yes tell those naysayers who want to pop our bubble that they should go commit suicide watch like

paul morse and top regulator it's bus turned whistleblower that hundred million people have been put into poverty as a result of bertie ahern in the financial crisis starting in two thousand and seven many will die many millions will die and they're laughing about it they're laughing about this financial holocaust they think it's a joke so you know here on the show we also cover the fact that these same guys bertie ahern when normal people out there are saying you know there's something going wrong with our financial system there's many people ation and fraud in our financial markets this property bubble this must be based on fraud because there's no way for the incomes to sustain that debt and he tells those people to go commit suicide so when the top when those one percent that he helped let's see what happens when these guys become negative and down on what the government is doing and piece anger over g four.