single currency he said back book area shelves its plans to join the euro saying it is too risky and the costs outweigh the benefits. two of the world's biggest armies are those of india and china unveiled plans for closer cooperation leaving western countries on edge over the duo's growing. an international clash over cash and the u.k. is accused of safeguarding of the assets of the ousted egyptian regime with the property of key figures in hosni mubarak's inner circle still untouched just by international sanctions. and the long arm of the copyright industry reaches all the way to cambodia with one of the founders of the pirate bay the file sharing site now facing extradition to sweden.

in live from moscow this is r t good to have you with us. the european union's or poorest member states bulgaria has shelved the plans had to join the euro zone its prime minister cited the continent's deteriorating financial climate and fears for the euro's future as the reasons behind the single currency snub artie's brussels correspondent us are silly as all the details will kariya is posing the latest blow to the embattled currency you know it has put on hold its long held plans are joining the euro bloc and interesting we build area in contrast to a lot of bigger economies has managed to reduce its budget deficit to two point one percent of its g.d.p. and that is safely within the three percent of rule set by the e.u. a number consistently met mentioned by german chancellor angela merkel but now that they've actually qualified all the rules they don't they want to back. and put this

on hold of the prime minister of bulgaria as well as the finance minister had both said that there are two main reasons for this one is the increasing of vulnerability and uncertainty of the future of the euro in the bloc it's clear it's been going on for a couple of years now and also the deteriorating economic conditions are still the clear way out of the crisis and secondly and i think importantly for the leaders of that country is the changing of public opinion in bulgaria people there asking the very same questions that the citizens of credit his own countries are asking who else are going to be allowed and for bulgaria's point of view who are we going to be allowed once we join the euro and also the country has been through three years already of astaire the measures cuts in pensions it wages and you know for the last year especially the term a stare it is almost a key word when discussing the eurozone or the euro and now bulgaria is not the only country it's just the latest in the string of countries lithuania last week the prime minister has said that it will only join the euro when quote unquote

europe was ready and of course that that is at this point very unclear when the state will be coming and also latvia has has lost and pusey as it's changed its tone in terms of looking at the process of joining you be a euro now what this all underlies it goes back to the same point the vulnerabilities the weaknesses that we see in the euro and from the outsider's point of view this is what they see they see countries in trouble needing bailouts and you have creditor countries imposing conditions and then you have a stare be imposed on the people and you have angry and desperate citizens of those countries and with that kind of a picture it's not entirely surprising that bulgaria made that decision or teased us arsole reporting for us there no patrick young of the investment consultancy devi advisors so joining the euro no would come with disastrous consequences for ball garia or any other nation. well isn't this truly a case of the tail wagging the dog here we how twenty seven the first economy in

the euro zone has turned around and said we don't want your year over because your ground design is deeply flawed it's built on sound it's a catastrophe i don't actually the finance minister himself made a great statement today he said our citizens are worried that if we join the euro we will know who we have to be a lot i'm not a very poignant point because of course he knows that neighboring countries such as for example slovenia have been closed in the huge financial repr questions asked of the slovakians and indeed others because they joined the euro as the kid mainly it was they've joined the euro they've been forced to end up spending money to subsidize the pensions of people in greece who are actually getting a higher pension than the pensioners are in these countries that would be a suicide move for any nation to join ultimately the prosperous twelve the euro zone has turned into a very bitter battle amongst few do over who is going to get the last measure of vodka and that is not

a way that any other government is going to be happy in being complicit with the economic mismanagement of a crumbling field single currency is. still ahead for you a robust response moscow warns london that it faces diplomatic repercussions if the u.k. bans dozens of russian officials from entering the u.k. over their alleged role in the magnitsky case the top lawyer died in police custody in two thousand and nine. the one time regional rivals india and china now want to bring their armies closer together beijing's top military chief is on a visit to new delhi aiming to boost the cooperation between the two asian giants but news of this alliance is already causing concern across the pacific as artie's pressure either explains this is a historic trip for india as the chinese defense minister. hasn't visited this country in nearly a decade and the top priority for the list of things to discuss on this trip are

strengthening the india china border and promoting a stronger cooperation between the two countries armed forces many people believe that india and china because they have two of the fastest growing economies in the world should be rivals but a lot of analysts i've spoken with have actually said that a partnership between the neighbors actually makes more sense with forty per cent of the world's population and at a time when these two countries' economies are growing while many of the traditional western powers their economies are decreasing many people say that a partnership between india and china could actually be detrimental to a country like the united states the united states actually exports eight point four billion dollars of arms to india every year and india is actually the number one importer in the entire world many people say the united states is interested in india to counterbalance china's growing influence in this region and to have

a strategic ally here when the united states plans to withdraw its troops from afghanistan twenty four teams so while other countries might have an interest in what kind of relationship india and china has all signs are pointing to stronger military and economic ties between the two countries. do book had to prepare the story in a researcher of u.s. politics believes that china india alliance is key to countering america's tightening grasp on south asia. country will interest. not a definitely be the united states if it wants to be you ambitious. in its efforts to and set up china with all the lead in its. new china and india and. increased trade at

a time when when the economies of the west are suffering. and coming up later this hour striving for sovereignty. this issue of independence for the back is dominating regional elections as pro independence candidates are said at the pace with around a third of the population supporting the cos. media reports have surfaced suggesting that the u.k. has failed to freeze some of the assets of top officials in the regime of former egyptian leader hosni mubarak the move targeting at the ex-president and his inner circle was introduced in february last year after he stood down amid mass rallies investigative journalist tony gosling says britain is more concerned about its business ties than its diplomatic ones. speed in which the assets were see both colonel gadhafi in libya and of course of one hundred million or so of president assad in syria this money was seized by the british government in milli seconds

with mubarak's money and his friends money it's eighteen months down the line and there's still letters going backwards and forwards between the british in egypt and governments asking questions we can't seize the money not only that they have allowed companies to be set up by people who are supposed to be on the egyptian sanctions list those companies have been allowed to continue trading those companies have been shut down with no questions asked so i think the sort of hidden message in british foreign policy towards egypt is that we don't actually really recognize this new regime where actually wedded to some of their business contacts in the previous old mubarak regime and those business contacts i'm afraid between between britain and egypt and the military industrial complex over here that likes to sell arms to egypt seem much more important but actually all knowing their diplomatic commitments. cambodia is reportedly working to extradite one of the co-founders of the file sharing website the pirate bring to sweden god freedom war

is arrested was arrested by a local police following a request from sweden where he was sentenced to a year in jail for copyright offenses the founder of sweden's pirate party rick fox finger says the arrest itself raises questions. the jury is still. an ugly there are conflicting reports on. what really led to the wrist i've heard reports about a bar brawl being the run up to it with just the local police and to fearing. a local disturbance. the american ambassador being in the time of his arrest high level talks taking place. this morning as was mentioned reports surfaced the wrist was a result swedish. scheme for assistance from cambodia despite the lack of an extradition agreement. in the u.s.

thousands of supporters of the democratic party have gathered in charlotte north carolina for their party's national convention delegates are anticipating the official nomination of barack obama as the democrats' candidate for the white house the meeting comes hot on the heels of last week's republican convention that saw harsh criticism of obama's four years in the oval office for more on this we are now joined live by jesse alexander meyerson a contributor at the truth out website mr meyerson thank you very much for joining us. so you're there you're at the convention right now four years ago it was all about hope what is the mood now. well i suppose that it will be wow how many of two things the first thing we're going to. be. jobs in detroit and of course here is his success in capturing and killing osama bin laden and many other component will be criticizing the republicans partly

around probably private equity where mitt romney made as i did some millions of dollars in fortune and of course on the war on women which is that the democrats sort of favor truth about what the republicans are up to now obama has. made a lot of promises and he's delivered on many of them like health care reform but on others like the promise to quote close guantanamo he's failed to deliver so looking back at this record how do you rate him. you know it's hard to say that the main thing about president obama when he was running the first time was that he tried to keep as you say things about hope and change and sort of broad sweeping language is opposed to proposing specific policies and there were any of us who criticized him for it at the time so for instance on the climate he hasn't done enough but he didn't release a plan to do very much he did promise the employee free choice act which would have helped unionized employees and that didn't come through so there are some places where he's he's really dropped the ball but i would say the things that most people

criticize him for and there is a enough criticism to go around for the obama administration and many things were not things that he made any specific promises on i will say that one of the most disastrous things about the obama administration has been the increasing failure of the strategy in afghanistan and that is a promise that he has kept it was clear when he was running that he said he was going to leave iraq and you know reapply american military strength to the afghanistan situation and he has done that and it has worked out exactly as opponents of his predecessors afghanistan policy predicted which is in carnage and political disaster well if you think of the country moving it kind of like the titanic a large ship that needs to time to turn around obama claims he needs more time to effectively finish all of his planned reforms how much of this is truth or is it just political talk ahead of november's election. well there's a combination of things one thing is that the republican opposition to obama's

agenda in congress has really prevented the democrats from putting forth the agenda that they they wanted however i will note that obama came into power at a time of severe financial crisis and was inherited. it's incredible recession and i didn't do well enough about it i mean it in the original target in the bank bailout there was money set aside the democrats refused to vote for this under bush and eventually they voted for the second time because money was included in order to you know help out underwater mortgage holders and that money has just been sitting there it hasn't gone to help out underwater mortgage holders so there are all these people with incredible joblessness and the president's little milk toast plans for a slight stimulus here and slight stimulus there really haven't been able to cut it there hasn't been regulation of the banks in a sufficient way and that the main crisis affecting the united states which is to say the financial clutch on the global economy and the corporate stranglehold on the political system hasn't changed at all because president obama comes from the

coalition that led to that in the first place well let's kind of look into the future president obama has faced a strong criticism from his republican rival mitt romney if romney wins the election how would this change things for america. i think that the way to think about what's happening to america and essentially the north atlantic coalition in general is that things are getting very very much worse somewhat slow and if president obama were elected they would get much worse if they continued slow rate and if president if there were a president romney that would get much worse at a quicker i mean that's essentially the way to look at it the shift of money and power from the bottom to the top what excel are at under romney condition for working people for women for you know communities of color that are subject amassing incarceration for. countries abroad that are plagued by drone

strikes we get much worse under mitt romney and they're already going to get quite that under president obama switching to some foreign policy obama was awarded a noble nobel peace prize yet he has managed to sustain and. even expanded the war policies of his predecessor afghanistan in iraq aside it would be his foreign policy change if he retains office. i suspect or not i mean as i say the american foreign policy establishment isn't particularly fluid in its personnel right so there are certain. troops that tend to remain in power right the neoconservative models not very dissimilar from the liberal interventionist policies that president obama. you know. all right we're having some with your troubles we were cutting in and out of there but thank you very much we've run out of time j a meyerson a contributor at the truth dot org thank you very much for being with us.

and the u.s. has allegedly promised iran that it will not assist is really if the netanyahu government chooses to strike tehran's nuclear facilities the report in an israeli newspaper also claims that the deal comes with a catch that the islamic state would not damage any american interests in any retelling tory strikes this comes as the obama administration says it's implementing measures it hopes will prevent an israeli attack on iran stephen zoon is a professor of political politics and international studies at the university of san francisco thinks war with iran will devastate both sides. i think there is the weirdness. in the white house and elsewhere of the war with iran would be a disaster i mean even putting aside the moral concerns the legal concerns about such a flicked the word games and other scenarios have been looking at all come out to

the same conclusion the costs and badly outweigh the benefits and so the united states is concerned as you are about nuclear or about iran's nuclear program what to do under the can to avoid war the israeli general staff the time generals and done some of the calculations of the pentagon has and recognize that it really would be the nonstarter that it would be disastrous for israel as well unleashing of thousands of rockets into israel iran so has no nuclear arsenal of missiles or can do a lot of damage and certainly on balance israel could do more harm to iran that iran could be to israel and certainly would not send back their nuclear program to any substantial degree in fact if anything it would give the iranians a motivation to go actually branched off from what's far as we know so far is the billion program and to actually develop a nuclear weapon. another fly in the ointment for russian british relations the

u.k. has apparently approved a blacklist of russian officials supplied by washington to be banned from stepping on its soil the individuals are accused of human rights abuses in connection with the case of sergei magnitsky a russian lawyer who died in custody artie's a public has more on that. russia's ambassador to the u.k. wants an explanation from the u.k. foreign office after it emerged in the sunday times that the u.k. home secretary had sent a list of around sixty russian officials to the british embassy in moscow in order to ban them from traveling to russia now the list contains the names of russian judges prosecutors and intelligence officials who london believes are involved in the death of the russian based lawyer so again magnitsky he worked for the london based company hermitage capital fund and he died in pretrial detention back in two thousand and nine in moscow now that he was jailed for tax evasion and awaiting

detention his family say that he died because of repeated beatings and being refused medical care now the investigation into the case in russia is still ongoing but it's had a big resonance both at home and abroad earlier the u.s. said that it had also banned around sixty russian officials from traveling to the u.s. speaking often magnitsky is death then president dmitry medvedev he said that the people who are accused of economic crimes and tax crimes in particular they should not be put into pretrial detention and of course more severe says death is a big tragedy but they've called on other nations not to stage a political show regarding the matter and they've promised a tough response to any foreign sanctions that could be put in place over the case . this separatist movement does bring up a storm in canada with a pro independence party looking to win the election in the french speaking

province of quebec the party goes as consistently lead in the polls capitalizing on disenchantment with the establishment and anger at austerity michael for a reporter for canada's c j d radio says if anything voters aren't left with much of an alternative i think what it really comes down to is that backers will be choosing the lesser of three evils and for many people especially people the younger popular population they feel that that helps you get back was a move in the step forward maybe towards more of a progressive message in the province a lot of the paul party politics you seem between the three parties they have very very many of the same policies in this and they're spending from the liberal party in terms of you know you saw the tuition protests going on a few months ago and they're even still going on now but i think what it comes down to it people are just making a choice based upon dissatisfaction with the with all of the three major parties and when it comes to i mean austerity measures well yeah there have been cutbacks

and but i mean i think that's been across the board for most canadian provinces in the sense in terms of you know the support of separatism across the province i think across the board of people really just don't care anymore i mean canadians used to care we used to care or you know if it was somebody in a bird or in terror we had family out there friends and they'd say to us you know are you guys really going to be voting to leave and i think even in the past few months we saw polls it was a poll done asking canadians you know do you care for kickback leaves and half of canadians said no we don't care. and i start to talk to the former grand mufti of jerusalem and palestine stay with us for the. thank you.

what we i have to share. the mufti of jerusalem thank you very much for joining us here on r.t. israel allows was limbs to make programmer to mecca but on the other hand it for birds men under the age of fourteen from entering the mosque during ramadan to play on fridays how do you explain this contradiction. this contradiction is due to the fact that they let our brothers who live in the areas in one thousand nine hundred eighty eight carry out the harsh lessons is their legal right to him sure also some political benefits would be again a few of them in straightening that there is freedom of religion out. of the. rules of the strictest sense is all new territory for love it was situated somewhere else

that no such measures would be taken against it now the focus is on. the occupation of the routines on criticized only for that the most of their actions are always a criticism you have said that jewish authorities are trying to sensitize was them sensitivities to access why do you say this. heh well israeli arguments are trying to make it seem like the al aqsa mosque is not really that important they say that museums have the holy city of mecca and medina so they don't need. one but they also want to weaken the link in palestine because since i like so connects one point five billion muslims were to jerusalem and palestine this link is made of belief i think that they think that if they weaken that link muslims are going to lose interest in our own reality though what the muslims that don't live in our stone who are closer to it because they know is in danger in their eyes are their beliefs and so whatever the occupants do to diminish alex's

significance or was bound to fail fashion you have also said that if the israeli government and fanatical jewish groups since a week was in reaction they see this as a green light to move forward so what in fact should muslims do now sadly muslim countries are now more concerned with their domestic issues neglecting the issue of imax or in jerusalem and allowing israeli or key points to carry out their hostile plans and they have quite a few of those including the jewish own ization of jerusalem and taking control over. there making the most of the numerous domestic problems that the arab and muslim countries are busy addressing right now so they can carry out their plans without any resistance. in what way and why are israeli authorities harassing you and other spiritual leaders. if. israel wants to carry out its plans gradually step by step without much faster objection but we keep bringing it up and

by doing so we have exposed the plans of the occupation authorities that's why they use media and press conferences to pile the pressure on us i guess not to crush those who stand in the way of the occupiers the only proves that there is no freedom or democracy in israel the. we have democracy for the jewish people rather it doesn't apply to us whatever. the palestinian issue being resolved in the future but boy there is still no sign that this issue will be resolved in the near future . with the new and yahoo cabinet in power they want to start negotiations from scratch or israel does all it can to obstruct install the process to prolong the existence of its state or these talks didn't make any difference for palestinians these talks are a waste of time or we can talk about talks with decades that's why i don't think they make any sense for their. what do you think about the way that the palestinian

authority is handling the issue of gaining independence. for the palestinian authorities are weak what the hell they're looking for a solution and they want to prove they have achieved something but the talks have actually been a failure and so at the moment we don't have any solution on the horizon immediate we need to unite to revive our economy and science to be invincible windy day the moment for a solution comes from the flooding is it fair to say that israel is trying to obliterate the arab islamic identity after listening to her. israel's policy on the ethnic issue is based on the jewish organization converse going to the lands of a large construction of settlements that are there working to increase the size of the jewish population and cut the number of arabs there but they do it by putting pressure on our merchants and arabs in general to push them out of jerusalem into

the suburbs or other towns by referring to a crisis in the housing sector israel sought to giving permits for construction so when a young man grows up and decides to set up a family he will not be able to find or build a home or a leader that even if he finds one the rent will be too high to afford let he will be of health and leave so even without declaring. intentions israel is reading jerusalem of arabs of israel doesn't talk publicly about this but according to my observations the population of jerusalem is growing in one nine hundred sixty seven there were seventy thousand arabs today there are more than three hundred thousand and in one of these prophecies in hama it was asked about where his fall of the should go after he leaves and he said that muslims should stay in the cardenas plants in jerusalem where they lived at the time in this way he passed all generations to come to live in the city. subway thank you

very much for joining us here on r.t. . there are clouds childhood was on her shadowed by this tragedy. they still feel fear they. don't remember every second of the slightness. at all remain in their memories and hearts forever. the town anderson saw. an innocent. little angel.