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matai tons of london court will give its budgets in the multi-billion dollar legal battle between two only gods living in britain in a case called accuse a fans of dirty dealings out of breath. it's like people should vote for him a chance to intervene in syria to protect civilians as britain refuses to rule out taking action beyond the security council. series one of the topics and then on saunders

a latest interview that was submitted this is in the weekly leaks revelations and claims the media's been manipulated over what's happening that. hello and welcome to all see twenty following news live from moscow. our top story now the multibillion trial that accusations of greed and design to stay as well as allegations of threats by dr evil will come to an end in london court in a few hours russian businessman romana brim over the billionaire chelsea football club owner and self exile a russian tycoon buries birdsall ski both living in the u.k. well here today also he is laura smith is in london for. this verdict will bring to an end a case that opened up the secret world of the only guards with all it entails unimaginable

sums of money offshore bank accounts illicit payments luxury cruises and deals done with only a hand shake in five star hotels and ski resorts it's brought to the london courts to squabbling billionaires and their own suraj is expensive lawyers menacing bodyguards and beautiful women it's a trial where both men have accused the of the corruption and greed the main points of the case that is old skis says he lost billions of dollars when apple i'm over it intimidated him into selling his stakes in russian oil and metals businesses for a fraction of their value but at the time of it says it is not scheme never owned any shares and that the payments he received were protection money or creature a word that's now freely bandied about in legal circles here in the u.k. as a result of this case but imo bitch those he made regular undocumented payments to

be in return for political protection totaling several hundred million dollars with amounts of five million handed over in congress he also says he's paid for but is also key to travel in a private jets for him a friend shot so and jewelry for his girlfriend and the son at stake more than five billion dollars what but it's also the feels he's owed on top of the one point two billion he was paid in two thousand and two the civil trial one of the biggest in british legal history came to an end in january and involved hundreds of hours of court time and millions in legal fees chewed in for the verdict between now but imo it later. those morning all the twists and turns in this case as well as comment and analysis are now what scientists call. it was the u.n.

security council to setup a safe zone within syria to protect civilians fleeing war a move that would effectively require military intervention given russia and china's opposition to an armed involvement in syria's affairs russian made it clear foreign nations could bypass the council to implement the idea western powers are already discussing the future of syria without its current leadership brings us the details from new york. well the security council remains very much divided over how to deal with the syrian crisis the high level meeting that was taking place in new york focused on the humanitarian circumstances in syria right now and how they continue to exacerbate according to u.n. officials at least two hundred twenty nine thousand syrians have fled the country in the past eighteen months spilling over to neighboring countries turkey because of the security council to consider setting up refugee camps inside of syria

outside countries would safeguard this is a suggestion that the syrian government say they are very much against russia and china also opposed it saying that it could only create more conflict and violence so clearly you have a very complicated situation here but we did hear western countries address the security council their representatives calling once again for syrian president bashar al assad to step down and britain and france the foreign ministers of those countries today made a new call encouraging for more defections within the syrian government and the syrian military the russian ambassador to the united nations vitaly churkin i did address the security council and raised the issue of the fact that the unilateral sanctions that western countries including the us britain and france those sanctions that they've placed on syria are only hurting the syrians because of. the sanctions imposed by passing the u.n. security council have nothing to do with actual efforts to settle the syrian crisis

complicate the lives of average citizens and do not allow them to meet their elementary needs or fully enjoy basic human rights this is not only our conclusion but also that of an independent commission in syria we call upon nations who impose sanctions against syria to immediately lift them you see the efforts of certain states to use humanitarian reasons to justify financial technical and logistical support to illegally armed groups as on the. but the u.s. and its western allies have underscored as late as this eve this meeting taking place security council that they will continue supporting the syrian opposition and continue providing them with a quick meant. and the norm this is haitian around syria we spoke to professor paul child and fate of california state university who specializes in middle eastern affairs and to many of the u.s. and its allies are using the humanitarian situation in syria to pursue that genting

the region it's a pretext it's still another way to divide and take over the country using the united nations as your vehicle is unfortunately a repetition of what happened in libya or the united nations being used to promote war and promote case that playbook worked and what do they want to try the same playbook until it doesn't work anymore well there is no desire by. the west nato to have a negotiated settlement the oldest purpose of this exercise is to make sure that there is no competition in the middle east for pipelines such as by way of syria iran and other places all these other things are excuses to claim that they care one bit about humanitarian concerns as it is a gross. and also we could be planning to plunge into the sewer and debate it with julian assange promising millions of related emails be published in a rare interview the whistleblower gave to upon last american t.v. network he also pointed to

a clear manipulation of the media over the syrian conflict also defenders of the weekly except seriously saying that unlike you us actions in afghanistan and iraq no one was hurt as a result of the website's publications he said he has never bought all sold information and insisted everything his website ever revealed was the truth is a song also touched upon surveillance via the internet so trusting the u.s. maintains it's plain at work for google the whistleblower tomatoes he may have to spend from six months to a year holed up and acquittals london embassy until there's a diplomatic solution all sweden drops the case against. some head for you this hour germany brings out the old gardens and some stories still in the bigger behind. cover some of the economies. in the business bulletin later this hour china suggests boosting biological trade

with russia by what braiding deals in the national currencies this story and more in about ten minutes. more news today. game flared up. and these are the images the world has been seeing from the streets of canada. trying to corporations rule the day.

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have the going down of the song and good morning we will remember that we will. this is he will combine with the eurozone seeking a financial savior you're as big as his her uncle a muggle has turned east they german chancellor is in china clutching billions in contracts to be signed by a train. not a from the european council on foreign relations believes china is a country while spending some time with to make friends. 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. offering 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 bones 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 in the case of their boss obviously this is a european company and so it will benefit not just germany but also france and other countries in europe but lots of the deals that have been signed. off for german companies are all going to european companies and so in that sense there is a competition going on between germany and other european countries and in a moment germany seems to be winning that competition. now that china doesn't drive to the rescue of the euro germany's already has a back to the future for a plan and peace to all of us has the details of berlin's old school savings for

a rainy day. here in germany the don't try are still very much alive and kicking in fact in the store in central berlin the good old they market is still accepted as legal tender when it comes to purchases with an exchange rate of around two dollars each marks to the euro store's manager says that there's still enough of the old currency around to warrant them taking it was on the name of three the reason we except bill which marks is there are still plenty of people with the old currency we get quite a few people wanting to spend them in our store for it's not just in shops that they're accepted if you find a few demarche coins down the back of the sofa germany's public telephones will happily take them off your hands germany they surely dropped the old money for the euro over ten years ago in two thousand and eleven alone though over eight million marks were brought to the bundesbank to be changed into crisp new currency but

where is that cash coming from. he had to does not and one of my other lead relatives gave me before and as a gift so i decided to turn them into something it could spend on television. we've had them lying around the house for ages we've only just got around to getting democrats changed there are those though who say they won't part with their deutsche marks as a minister. i keep them as a souvenir i'm not going to change them into euro and according to the bundesbank there's still more than thirteen billion dollars each marks in circulation they say they get returns from as far away as brazil and new zealand so unlike some euro zone members the bank won't place a time limit on accepting old money. so we will continue to take them as long as people keep bringing them it's something of a tradition here that currency from years and years ago will always be exchanged for legal tender there are conspiracy theorists though who say that in the banks

bolts trillions of marks being stockpiled should the euro crisis deepen so if the cash that's returned isn't being kept for a rainy day what happens to it and once the exchanges completes those deutschmarks the shredded and in their days it's very expensive confetti feature all of a r.t. . and of course you can find plenty more stories on our website and here's a taste of what we've got there for you right now who survived may have been the inspiration for more than just tearing down why the russian punk band has been linked to a grisly double. also that sports results a cake recipe or maybe the latest updates on the u.s. military drone attacks all available with the new i phone.

to the u.s. now where the republican candidate who the president soumitra many has been laying out his case for office he has some strong views which we could warrant some on looking nations but he's not got much of a reputation for training his stance on a shoes it's hard to know exactly where he stands on anything and he's a guy that trick candidates here to tell a small guy. well you hear mitt romney is now officially barack obama's opponent for the white house and he's talking tough you know throwing rocks verbal rocks not only at the president but also a nation's at the republican convention where he accepted his nomination mr romney told did not fail to once again highlight his any masorti towards russia he criticized the president for not being hard enough in his view on russia when it comes to missile defense he referred to president obama's hot mike moment when the

president told me that amid a bit of that he would be more flexible to discuss the issue after the election mitt romney says under his administration quote mr porson will see less flexibility and more backbone and of quote and of course that adds up to his earlier statements that russia is america's number one geopolitical enemy that they need to reset the reset that's actually what. says on the website is part of mitt romney's foreign policy agenda so yes a lot of tough talk i heard experts say that's how mitt romney comes makes up for lack of charisma what's interesting about the backbone comment is that mitt romney himself is often characterized as lacking the backbone as he has flip flopped on so many issues like abortion he was for abortion before he was against it or illegal immigration when he was for giving them legal status then he was for deporting them mitt romney is full of laws have been widely discussed in endless source of

inspiration to comedian is and what well this one is from the tonight show with jay leno he says mitt romney and hurricane isaac have something in common they can both change directions at any moment there are tons of jokes about mitt romney and his backbone issues apparently one way of showing some backbone for him is this kind of tough talk you know full of threats we'll see how far it will take him in this november election. guy thank you very much indeed for your insight. well both kind of the have been keen to mention american supremacy and its responsibilities in the wall in their campaigns but is the country's still the greatest power in the world or is that just election rhetoric that's the topic of heated discussion in today's cross-talk coming up when elsie. let's take a look at a very well known clip from h.b.o.'s program newsroom. just in case you

accidentally wander into a voting booth one day there's some things you should know and one of them is there is absolutely no evidence to support the statement that we're the greatest country in the world we're seventeen literacy twenty seventh and twenty second in science forty ninth in life expectancy one hundred seventy eight and infant mortality thirty eight median household income number four and labor force the number four in our exports we lead the world in only three categories number of incarcerated citizens per capita number of adults who believe angels are real and defense spending a lot of the facts mentioned there are correct ok they're easy to find and didn't have been known for a long time now is america's number one there's a there's a gradual decline john quincy adams said when he was secretary of state an eight hundred twenty one before was president that we could be dictators of the world what our policy would then shift from a policy of liberty and freedom to a policy of domination and control and now we are a country that's lost its way and it's not because we may not be number one in the

amount of arms we sell you know we felt about three quarters of all the arms abroad or have the greatest military power but because we lost our moral stature and values of who we are as a people. and. let's now check some other stories making headlines around the wild two hundred seventy south african miners have been charged with the man's assistant full day colonnades despite the fact it was the police that. prosecutors say officers only opened fire because they were under a time by armed protesters more than one hundred fifty of the miners being claimed to have been beaten up in custody canings at a strike as they sometimes became the bloodiest incidents. since the fall of the apartheid regime. the pentagon is threatening legal action over

a book describing the details of the seal raid that killed osama bin laden in may last year the department of defense the also is a former u.s. special forces officer had violated agreements not to divulge military secrets the group published next week a perfectly contradicts the official account of what happened. on time not to cross over to the business desk that touches that. it looks like poland could be the next victim of the. it's certainly starting to feel the squeeze tell you all about it just a second first let's check out the equity markets and they are actually recovering in the second hour of trade after opening below the line to higher metal prices help the miners on the footsie in germany the banking sector is outperforming the downs traders anxiously anticipated speech by the fed reserve chairman ben bernanke gave the markets for the most part i'm not really expecting

any quantitative easing but some clarity would be nice it would be what they would be looking for one of the european union's few growth stories poulan is feeling the squeeze of the downturn the country's second quarter growth eased to two point four percent that's the lowest in three years and is significantly below forecast poland's g.d.p. kept expanding over the past few years while much of the e.u. showed negative growth but a series of gloomy economic indicators now show that the so-called economic miracle is coming to an end. and back to the equity markets let's see what's going on in of russia at noon and what we're seeing there is that it's actually recovering some ground lost on thursday when stocks fell to the lowest in about a week the move. bryza among the blue chips include off to bob's chairs let's see the movers there. bill including after

a vase. they'll start the sound bling and new version over the famous and popular we know logan and next year why should carry an aeroflot is down its passenger traffic grows by about a word in the first seven months of the year and that's apparently not enough for investors and nobles bunches shot up twenty percent on reports a financial corp c.e.o. was considering the bank shares and a lower crude hurt the russian equities on thursday dropping to achieve a week low on the worries that hurricane isaac subsided but we're seeing a different picture this hour it's actually seeing some modest gains which is helping russian equities and onto the currency market at the moment the dollar is retreating to the european currency and the russian ruble is gaining too the currency bounced can't the privatization of russia's state assets could soon go

online the state has agreed to terms of selling its properties through electronic auctions analysts say that would make the privatisation process easier and more transparent but online sales don't necessarily exclude privatizing state assets through the more traditional me and saying with the high tech sector russia's largest free email service mail dot ru has brought out bought out its ukrainian namesake mail dot usa the companies didn't disclose the financial terms of the deal but analysts say it's about half a billion dollars the move should boost melgar use positions in ukraine where it's already pretty popular. and china wants to boost its trade with partners in its national currency the yuan beijing already. he uses it to trade with hong kong which has the hong kong dollar and also single for but it

hopes latin america in the middle east could be next meanwhile russia has long been . asking to move away from dependency on the dollar and toward trade in the national currencies hong kong's financial secretary john sung explains to business r.t. how it could all work out what is happening now is a great deal of trace settlement in the national currency so in terms of for example between russia and china they would be doing a lot of settlement in un or in ruble this way you can we reduce the currency risk that might incur and that is already happening i think we should expect to see a lot more of that as these two currencies become a some space of currency for for the rest of the world. and staying in asia let's see how the asian equity markets are performing toward the end of the set trading

session and we're seeing a loss is there japan's nikkei is the hardest hit it's losing more than half a percent mainly on disappointing july industrial output numbers metal producers are also hurting this hour and that's all latest from the business team will be back in about fifteen minutes but if you can't wait that long you can always find a lot more stories on our site r.t. dot com slash business limited think is so much for that natasha and i'll be back with our top stories in just a couple of minutes. see

round trip. months. and cuisine with only. our summer sales on our chief.

responsible for causing the world's worst industrial disaster. had been abandoned in a condition where it had become a source of pollution of the most recent study that was done shows that this water pollution and spreading. groups working with children see that children. ten times more likely to be born with birth defects in children in the rest of the country. in the c. . five hundred dollars. unpunished.