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news this hour barry's verizon skate loses his multibillion dollar claim against a burble veteran the london courtroom clash of the russian oligarchs billed as one of the most expensive ever seen. also this hour take it pushes for foreign nations to intervene in syria to protect civilians as a person refuses to rule taking action beyond the yuan security council.

series one of the topics and truth in our songs is the latest interview with a whistleblower promises more we can make for violations on claims the media's been invited here they said oh what's happening that. was real news rumbled the us republican candidate promises to show russia more bothered by the if he wins the election but faces criticism himself for flip flopping on the case if. international news live from moscow this is r.c. with me thanks for joining us first berries berries ascii has had his multi-billion dollar claim against fellow russian oligarch roman abramovich dismissed by a london court the trial which heard allegations of threats of blackmail and corrupt business deals is being billed as one of the most expensive legal battles

in history and lower smith is in london with the details laura tell us more please about what the two were fighting over and about the decision. well the court decision found again. that means essentially that not a cent of the more than five billion dollars in retribution that he was asking for will be paid to him by mortgage. arrived at the court earlier this morning looking pretty upbeat himself was not there he said to reporters that he believed in the legal system that moved to him didn't last very long as the verdict was read he was holding his head in his hands obviously very disappointed by this but whatever the outcome really this case has been a huge amount of fun really the spectators this opened up this kind of seedy underworld of of formulae of russia's mega rich talked about what went on in the dark days of ninety's russia in what we used to call the wild east so it was almost

vost sums of money changing hands off shore bank accounts illicit payments made under the table. five star who's held ski resorts and deals enormous deals involving enormous sums of money done just on a handshake with no documentation whatsoever so it's very difficult for the judge to decide all along who's telling the truth and who's just making up the evidence as he goes along and it's brought these two squabbling billionaires with all that that involves that they're vastly expensive lawyers menacing looking bodyguards who stalk behind them constantly and with each. other i'm over it each accusing the of the of lying and corruption and greed now the details of this case have been that it is not. that he lost billions of dollars when adam over back in the day intimidated him into selling off stakes in oil and metals companies in russia for

a fraction of what they were actually worth he says but i'm over it says that him but it's never partners in the true sense of the word he says that he took him on. payments that he made to better for political protection or creature. which means ruth in russian as it's come to be called which is a word that is now as a result of this case freely bandied about legal circles here in the u.k. . which admits that he made these regular undocumented payments to bits of skin but that they were only for this political protection and often in huge cash thumbs up to five million dollars in cash at times and totaling several hundred million dollars he says that he paid for but is also key to travel in a private jets he bought him a friend chateau and he also bought him jewelry for his girlfriend but he's also wanted in excess of five billion dollars to make up for all that on top of the one point two billion that he originally received for what he says was the stake in

these metals companies of course he's lost but this has been one of the biggest civil trials in british legal history with as i say massive amounts of money involved and this is not the only case that has been going on in the us in fact there's another one involving alleged a past of the other billion magnates and amount of noise a similar kind of thing chernoi says that they were partners and reneged on that but their pastor says again that he was paying him protection money so that all of these cases going on in london that moment we think of he had won there would have been a lot more of them but still it shows that the british legal system is willing to pay these cases and the bill for the lawyers has run into millions and it's been hundreds of hours in court time. reporting there live from london there were many thanks indeed. and of course there's more and all the twists and turns in this case as well as coleman and this is in our website which is also he took home. but we

know now turkey wants the u.n. security council to setup a save with this syria to protect civilians fleeing a move that would effectively require military intervention given russia and china's opposition to know and involvement in syria's affairs britain made it clear forty nations could bypass the council to implement their idea western powers already discussing the future of syria without its current leadership brings us the details from new york. 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. the security council to consider setting up refugee camps inside of syria that are

outside countries would see a card if 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 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 nations vitaly churkin did address the security council and raised the issue of the fact that the unilateral sanctions that western countries including the u.s. britain france those sanctions that they've. placed on syria are only hurting the syrians pulled cited the example of the stool the sanctions imposed by passing the u.n. security council have nothing to do with actual efforts to settle the syrian crisis

they 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 meet we lift them we see the efforts of certain states to use humanitarian reasons to justify financial technical and logistical support to illegally armed groups as unacceptable. but the u.s. and its western allies have underscored as late as this eat this meeting taking place security council that they will continue supporting the syrian opposition and continue providing them with a quick meant. and if i'm wrong this is aeration iran syria was spoke to professor paul show the fruit of california state university who specializes in middle eastern affairs and he believes the u.s. and its allies are using the humanitarian situation in syria to pursue that and to

the region it's a pretext it's still another way to divide and take over the country years seeing the united nations as your vehicle is unfortunately a repetition of what happened in libya or the united nations being used to promote war instead of promote case that playboy who are doing whatever they want to try the same playbook and do it those work anymore well there's no desire. at the west nato to have been negotiated settlement so that the oldest purpose of this exercise is to make sure that there is no competition in the middle east for pipeline searches 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 war. wiki leaks is planning to blunder into this year and debate it with julian assange promising millions of related emails to be published in a range to view their whistleblower gave to upon latin american t.v.

network he also pointed to a clear many promotion of the media over the syrian conflict. defended today we can expect serious is saying that unlike us actions in afghanistan and the wrong no one was hurt as a result of the websites publications and he said he has never brought all sold information and insisted everything to his website ever revealed it was the truth is also touched upon surveillance via the internet suggesting the u.s. maintains its plane at work through google the whistleblower admitted he may have to spend from six months to a year holed up in ecuador's london embassy until there's a diplomatic solution also we then drops the case against him. this is out see and still ahead for you this hour germany brings out the old gun some do it box it still in their piggy bank are being used to covet some of the german economies and on. and in the business bulletin later this hour china suggests boosting biological trade with russia by incorporating deals in the national currencies this story and

more and. 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 that everything you thought you. are is a big. i

think going down of the song and good morning we will remember that we will.

welcome back this is so we go to the us now what the republican candidate for the president said mitt romney has been laying out his case for office he heard some strong views which could war is some some only looking nations but his now go at such a reputation for changing his stance on a chaise it's hard to know exactly where he stands on everything and she's going that she can is here to tell us more leads all the way. well mitt romney is now officially barack obama's opponent for the white house and he's talking tough throwing rocks small verbal rocks not only the president but also of nations at the republican convention where he accepted his nomination mr romney did not fail to once again highlight his animosity towards russia he criticized the president for

not being hard enough in his view on russia when it comes to missile defense mitt romney says under his administration quote mr putin will see less flexibility and more backbone end 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 he says on his website as part of mitt romney's foreign policy agenda so yes a lot of tough talk i heard experts say that's how mitt romney 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 immigration when he was for giving them legal status then he was for deporting them mitt romney's flip flops have been widely discussed it's been an endless source of inspiration for comedians and this is from the tonight show for example with jay

leno actually mitt romney and hurricane isaac have something in common they can both change directions at any moment there goes another comedian he says. he goes like obama was like you can be whatever you want to be while romney was like i can be whatever you want me to be 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 and we'll see how far it will take him in this november election indeed thank you very much. have been keen to mention american supremacy and its responsibilities in the world and their campaigns but is the country 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 on our today. 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 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 to infant mortality thirty 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 depend 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 still number one there's a there's a gradual decline john quincy adams said when he was secretary of state in eight hundred twenty one before i was president that we could be dictators of the world what our was 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. i . was the eurozone seeking a financial savior europe's biggest hate to angela merkel has turned east child slaves in china clutching but it isn't contracts to be science and beijing. ninety eight from the european council on foreign relations believes china is a country was 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. 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 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 that in the case of their boss that we see this is a european company and so it will benefit not just germany but also france and other countries in europe the loss of the deals that have been signed. off by german companies rolled into european companies and so to do in that sense there is a competition going on between germany and other european countries and the only germany seems to be winning that competition one other way germany differs from the rest of the union as its old currency the directional because not only credible but

still it is based on of a has the details of the lens 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 the store's manager says that there's still enough of the old currency around to warrant them taking it was on the name of the reason we accept bleach 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 officially dropped the old money for the euro over ten years ago in two thousand and eleven alone though over eight million

dollars each marks were brought to the bundesbank to be changed into crisp new currency but where is that cash coming from. he had that has not been one of my ugly 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 or there are those though who say they won't part with their marks as a good sum i keep them as a souvenir i'm not going to change them into europe and according to the blunders bank 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 eurozone 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. say that in the banks vaults are trillions of marks being stockpiled should the euro crisis deepen only room so if the cash that's returned isn't being kept for a rainy day what happens to it and once the exchange is complete those deutsche marks the shredded ending their days as very expensive confetti feature all of a r.t. . and don't forget you can find plenty more stories on our website here's a taste of what we've got for you there right now. blood in his direction not a protest to find out why the russian punk band is being links to grisly double murder. and also that for you sports results a cake recipe it all may be the latest updates on the u.s. military drone attacks in all available within you are.

now some other stories making headlines around the world two hundred seventy south african miners have been charged with the murder of thirty eight for all their colleagues despite the fact that it was the police that sean bell national prosecutors say all this is only open fire because they were under time by armed protesters more than one hundred fifty of the miners being held claimed to have been beaten up in custody the killings at a striker earlier this month became the bloodiest incident since the fall of the apartheid regime. about to going to threatening legal action over a brutal describe it the details of this civil raid that killed osama bin laden in

may last year the department of defense says the also is a former u.s. navy officer had violated agreements not to divulge military secrets the book published next to wake up errantly contradict they have to show accountable and. cabin staff for german airline. began the strike at the country's busiest airport in frankfurt the hour industrial action has a ready cause the cancellation of more than one hundred fifty flights start want improved pay and working conditions and guarantees jobs won't be outsourced. on time now for business update with natasha in the time it turns out that russia's most promising and the true project has not been put on hold so it will settle about well actually what we're seeing is that the partners of gas problems flagship offshore projects are really issuing conflicting reports french took tal is now denying early reports that the project has been suspended indefinitely the

firm says that the partners and stockmen that in addition to gazprom include norway's stadol well are pursuing technical studies to come up with an economically viable solution on thursday gazprom said the project was put on hold as the development costs of chocolate are too high considering that gas prices are falling . and it's time now to take a quick look at the equity markets and let's go straight to europe to see what's going on there what we're seeing there is a pretty picture actually higher metal prices helping the miners on the footsie and germany the banking sector is outperforming the doubts but overall we're seeing gains of around half a percent there traders anxiously anticipate the speech by the federal reserve chairman ben bernanke you later in the day the markets for the most part not really expecting bernanke to to announce any stimulus measures but they're just looking for some clarity one of european union's

a few growth stories poland this feeling the squeeze of the downturn the country's second quarter growth eased to two point four percent the lowest is three years and significantly below the 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 show that the so-called economic miracle is coming to an end. and here in russia the equity markets are also on the rise regaining some of the ground the last song. they want stocks fell to the lowest said about a week the r.t.s. is now gaining around half a percent the movers among the blue chips include off to vaas shares they are actually quite i'll be off to oz will start assembling the new version of its popular real logan next year swag ship air carrier aeroflot is down with its passenger traffic rose a by about

a quarter in the first seven months of the year which apparently is not enough to impress investors and ennobles bank is gaining almost sixteen percent on reports about a financial firm a three tier is on the bank as a possible acquisition target. now moving on to move to a lower crude hurt the russian market markets on thursday it dropped to the lowest level in choosing weeks as worries about hurricane isaac subsided but now what we're seeing is a pretty i'll be picture of crude is demonstrating pretty hefty gains moving onto the currency markets at the moment the euro dollar pair is is actually trading with hero in the lead and when it comes to the russian ruble it's mixed to the currency basket the privatization of russia's state assets could soon go online the

state has agreed the charms of selling its property through electronic auctions analysts say that would make the privatisation easier and more transparent but online sales don't really exclude privatizing state assets through the more traditional means dancing with a high tech sector russia's largest free email service mail dot ru has brought out what out its ukrainian namesake mail dot you say the companies did really disclose the financial terms of the deal but analysts estimate it's probably around a half a billion dollars the move should be. melgar used position in ukraine where it's already pretty popular and china wants to boost its cross border trade and its national currency the yuan beijing already uses it on trading with hong kong which has the hong kong dollars and also singapore but it also hopes latin america and the real east could be next meanwhile russia has long been

calling to move it away from the dollar and the trading in their national currencies hong kong's financial secretary john sound explains how this could work out what is happening now is a great deal of trace element 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 and as these two currencies become at some stage research currency for for the rest of the world. and that's it for now see you next hour. later thank you and other top stories in just a couple of minutes.