no bonus for a body it's the russian some things all tycoon because all ski is left empty handed after a london court dismissed says his had lawsuit against billionaire come on mortgage . turkey's pitch for a syrian intervention it's a dead end at the u.n. leaving nato countries threatening to simply bypass the security council. and wiki leaks also chips in on

a serial sexual assault promises more revelations on western motivations the crisis and the last u.s. harassment of this whistle blowing web site. plus republican mitt romney accepts his nomination as presidential candidate with a promise to show russia more backbone but critics sniping that's not his greatest asset. hello and welcome to our t.v. this friday ending off the month of august on karen tara well our latest today russian billionaire and all mana belmore which has come out on top of a high profile court jewel with a london based compatriot and one of the most expensive cases in british legal history the judge dismissed the multibillion dollar challenge from controversial

tycoon body speeches of ski in a trial which offered a rare glimpse into the lives of the super rich more on the case from artie's laura smith. a court decision found against. 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 our 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 mood for 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 is been a huge amount of fun really for spectators this opened up this kind of seedy underworld of of formerly 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 hotel ski resorts and deals enormous deals involving enormous sums of money done with just 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 their own two rajahs they're vastly expensive lawyers menacing looking body guards who stalk behind them constantly and with each. other more rich each accusing the other of lying and corruption and greed now the details of this case have been that result is that she says that he lost billions of dollars when adam overage 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 of it says that him but as of whenever partners in the true sense of the word he says that he took him on and. payments that he made to bit is 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 really bandied about in legal circles here in the u.k. . which admits that he made these regular undocumented payments to bet as they were only for this political protection and often in huge cash sums up to five million dollars handed over in cash at times and totaling several hundred million dollars he says that he paid for that is also key to travel in a private jet he bought him a french chateau and he also bought him jewelry for his girlfriend but is 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 orders and metals companies so there are these cases going on in london that moment we think of better he had one 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 professor of law at westminster university john flood believes london courts will have to deal with more cases of this kind to the future. well it's not normal it's the first of its current but it's the first of a series of cases which are not going to be heard in the commercial court we've got attorney and they're coming up next and you're going there is also he's going to be appearing again so i think this one's going to run next stage become normal the trouble with party with the russian case is is that there's no there's no move towards settlement there's a deeply entrenched in the polar opposite positions that they just want to find out

you can check out our tea dot com for all the timeline and all the claims and counterclaims in this small time billion dollar wrangle and the details from right inside the courtroom they are lined up in our london bureau what are. the latest tweets say the verdict call it what he is but he's also he by surprise and he's considering an appeal he was described by the judge as deluded in some of his testimony and evidence was weak artie's london bureau page to find out more. here with our team and britain and france are warning they might pass the u.n. altogether after turkey's push for a no fly zone over syria met strong criticism at the security council as demanding sweeping powers to protect refugees fleeing war in

a move that would amount to military intervention but international reaction has been cool what strong reservations about militarizing a humanitarian effort. reports 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 has asked the security council to consider setting up refugee camps inside of syria that 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

but we did hear all 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 deny 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 u.s. britain france those sanctions that they've placed on syria are only hurting the syrians at the. sink is imposed by passing the u.n. security council have nothing to do with actual efforts to settle the syrian crisis we 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 we see the efforts of certain states to use humanitarian reasons to justify financial technical and logistical support to illegally armed groups as an acceptable. but the us. 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 professor paul sheldon fort from california state university has been monitoring turkey's no fly zone bid he says that underneath the rhetoric professed humanitarian concerns it's all about politics. it's a pretext it's still another way to divide and take over the country years seeing the united nations as your vehicle it is unfortunately a repetition of what happened in libya or the united nations being used to promote war instead of promote face their playbook worked in libya they were treated the

same playbook and all of those who work at it or there is little desire by. the west's nailed you have been negotiated settlement so the old with the purpose of this exercise is to make sure that there is no competition in the middle east for playboy and such is by way of syria iran and other places all these other things are excuses there to claim that they care one bit about humanitarian concerns as it is a gross war but also weighing in on the syria situation is wiki leaks julian assange promising to publish millions of emails to cast new light on the crisis they're supposed to show just how comfortable the west used to be with president assad and how the media is currently being manipulated to vilify him it was made his comments during a rare interview with a south american t.v. network while he's holed up at the ecuadorian embassy in london songe criticized washington's harassment of wiki leaks saying speaking the truth should never be considered a crime he also mentioned how the west is turning into

a surveillance mega state which he believes makes a mockery of human rights as predicted he would stay for up to a year at the embassy surrounded by british police until either a diplomatic solution is found with a case against him is dropped. but we've been following join us on his legal battle and now you can track it back to the very beginning right on our web site r t v dot com here's a taste of what else catch your eye while you're there. plans for a new album which gives the latest updates on u.s. military drone attacks including a body count to find out why the app has. it approved. also online a vision of the future a woman who had lost her sight has got it back again and surgeons have implanted our with the first ever successful bio and i.

soon which brightened. soon from phones to print these. stunts on t.v. dot com. wealthy british style. expert on the phone. market why not. come to. find out what's really happening to the global economy with much stronger or a no holds barred look at the global financial headlines to name two kinds a report.

here with r.t.m. karen terrill she now mitt romney has been outlining more of his policy plans as he accepted his nomination as the republican candidate for the u.s. presidency he wants more stressed his aggressive views towards some nations including russia but with a reputation for changing his stance it can be hard to tell how trustworthy his party is going to count explains. 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 lonny was like i can be whatever you want me to be there are tons of jokes about mitt romney and his backbone issues apparently and 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. the idea of america's greatness and special position in the world is a staple of both candidates campaigns but is it fair to say the u.s. has a unique role to play in global affairs that's the question in today's crosstalk and it's coming up in about fifteen minutes. 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 lead the world in only three categories number of incarcerated citizens per capita number of adults who believe angels are real and depends upon who is america's 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. german chancellor angela merkel is on a visit to china hoping to tap into the country's monetary muscle to help pull europe out of the downward spiral she's seeking to boost the flow of investment

from beijing into the european stability fund a firewall against financial trouble that the chancellor works very hard to create however holland school nami from the european council on foreign relations says that the chinese are not in a hurry to lend a hand to berlin. 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 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 good for european companies and so to do 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 while germany as striving to make sure the euro stays afloat its old currency the dutch markets showing no signs of being discarded peter oliver has the details of berlin's all school savings for rainy day. here in germany the don't try are still very much alive and kicking in fact in a 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 went on to name three the reason we

accept 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 from 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 marks were brought to the bundesbank to be changed into crisp new currency but where is that cash coming from. he had that is enough and one of my other lead relatives gave me the school ends 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 or there are those though who say they won't part with their marks as a minister. i keep them as

a souvenir i'm not going to change them into europe. 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 theory. though who say that in the banks bolts of trillions of being stockpiled should the euro crisis deepen only only rumors 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 is shredded and doing their days is very expensive confessed the future all over r

t berlin. all right let's now have a look at some other international news in brief for you this hour almost three hundred south african miners have been charged with the murder of their thirty four coworkers earlier this month despite the fact that the victims were shot dead by police prosecutors claim security officers were provoked and opened fire only after armed protesters attacked them but there is huge public outrage with many believing the government is trying to shift the blame the incident was the bloodiest in the country's history since it became a democracy in one thousand nine hundred four. iran has rejected a political move the latest report by the u.n. nuclear watchdog which claims the country is doubled the number of uranium enrichment centrifuges the findings sparked a wave of concern for some western nations and especially israel by the fact only about a third of centrifuges are operational iran believes the i.a.e.a.

report is aimed at overshadowing the non aligned movement summit in turkey run by the country's again stressed that its nuclear program is entirely peaceful. more than one hundred fifty flights have been canceled in germany's busiest airport in frankfurt after thousands of lives thousands are cabin crew went on strike staff are demanding a pay raise improved working conditions and guarantees jobs will be outsourced the eight hour strike is expected to affect air traffic throughout the entire day. dimitris here with the business news so it seems gazprom is in the spotlight this week and the question is will there be a shock to me well you know with every day it's harder to actually answer that question because it seems gazprom and its partners involved in the development of this huge gas field are not sure that it seems they're actually not coordinated they have different approaches well right now french total is denying earlier

reports that the project has been suspended indefinitely the firm says that its partners and stockmen that in addition to gas problem clued steps well are pursuing technical studies to come up with an economically viable solution now on thursday gas from said the project was put on hold as the development costs of stockmen are too high considering that gas prices are falling. let's move over to the stock markets and we start with europe where it's all looking pretty rosy and positive a few sessions of losses this is in anticipation of fed chairman ben bernanke he speech is due to talk in around one half hours in jackson hole wyoming at a summit of central bankers and we're all actually expecting any kind of hint as to economic stimulus because two years ago at exactly the same meeting chairman ben bernanke he gave a hint that there will be a new wave of quantitative easing and developed on that bit later for out the year

. now one of european union's a few grove stories poland is feeling the squeeze of the downturn the country's second quarter growth eased to two point four percent the lowest in three years and significantly below the forecast poland's g.d.p. kept expanding over the last few years well 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. or let's go further down to the rushed. in the markets now where it's still looking kind of undecided today with my six going down point six percent but the odds years is a bit higher on a stronger ruble and russian markets are not having a good week indeed it seems that the previous weeks of growth have all of this going to mean much needed correction that's exactly what's happening and one of the

biggest losers and drags lukoil after it said that it's been buying up around two and a half billion dollars worth of shares but apparently it's still doing that now among other stories after bad shares are. assembling a new read over logan model like ship carrier air float is down this sell it's announced that in the first seven months of the year passenger traffic has gone up by a quarter but it seems that as i'm not impressed and know most bank is showing a huge growth this second or even third to your stock is up thirty percent this out was up around twenty percent earlier in the day that's on reports that financial corp corp. was consolidating the bank's shares. right let's move over to commodities and it's all a warbling yoyo style with light sweet and brant now gaining this is all as hurrican isaak is coming and going and basically providing fears or

maybe even playing down fears as to the damage that it may wreak in the future. let's now move over to currencies and the euro is gaining massively versus the dollar on these hopes that chairman ben bernanke you wouldn't will announce easing and that would mean that the dollar becomes cheaper and the russian ruble is gaining massively to the dollar in line with with this draft. all right the privatization of russia's state assets could go soon online the state has agreed to terms of selling its property for electronic auctions and this. say this would make the privatisation easier and more transparent however online sales do not exclude privatizing state assets for more traditional means. staying with high tax russia's largest free email service mail you has bought out ukrainian namesake mail dot usa companies didn't disclose the financial details of the deal but the

system ated to be around half a billion dollars the move should boost mailed or use positions in ukraine where it's already pretty popular. finally beijing is aiming to push the uighur and into international trade further on right now it's using the yuan in trade with hong kong and singapore but now is focusing on latin america and the middle east meanwhile russia has long been in favor of moving away from the dollar and trading in national currencies to hong kong financial secretary john santiago see that the two countries can help each other 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 may incur and that is already happening i think we should expect to see

a lot more of that and as this two currencies become at some stage currency for for the rest of the world. all right i'll be coming out the day i mean with more bulletins of course to join us with that because ben bernanke he is due to have a speech as i was saying in one and a half that that's where we look forward to it thank you for that update of a train and i will be back with our top stories in just a couple of minutes to try and stay with r.t. .