cautious optimism as talks on syria's chemical arsenal continue into a third day but the u.s. now reportedly saying it won't. make it disarm. the syrian refugee exodus as a financial burden and a terrorist threat while a guilty conscience. opened their front door. and the euro crisis builds to a new crescendo as fresh bailouts missed deadlines and overwhelming debt threaten to tear apart what little stability there was in the first.

eleven am on saturday morning here in moscow this is r t with me rule research let's get straight to the top headlines for this hour. u.s. officials say washington reportedly will not insist on a u.n. resolution threatening syria with the use of force in order to make it drop its chemical arsenal that is the first sign of progress as the disarmament talks enter their third day in geneva and now that president assad is ready to join the chemical weapons convention the u.n. secretary general says he's optimistic the next round of peace talks could happen in october. now reports on what the sides have agreed upon and what they have not. it's been a question of will they or won't they in geneva and so far there's been no answer to that question john kerry and sergey lavrov were locked in tense negotiations throughout the day and into the night more than fifteen hours of talks took place

and now those negotiations over how to rid syria of its chemical weapons are set to continue into saturday both parties trying to hammer out a deal and avoid a u.s. military strike against syria that is what is at stake here and already there have been some reports of progress with the u.s. and russia reportedly agreed on the size of syria's chemical weapons stockpiles speaking earlier john kerry and sergey lavrov expressed cautious optimism that they would be able to come up with a diplomatic solution to this crisis despite the diplomacy there are a number of sticking points that could put a spoke in the wheels of coming up with a workable deal here the first is the issue of timing in this latest t.v. interview syrian president bashar al assad said that damascus would begin to provide information about its chemical weapons stockpiles thirty days after signing up to the chemical weapons convention which is standard procedure and the u.n. has already confirmed that they have received serious documents for signing up to

that treaty but john kerry has already rejected this day window that bashar al assad spoke of and last week he said that he wants assad to be able to give up his weapons within the space of a week which he knows is on viable which has raised some questions from observers as to how constructive the u.s. approach is especially when it comes to the difficult task of disposing of chemical weapons now the second sticking point is the use of force john kerry has said that the u.s. military remains poised to strike syria if they fail to reach a deal here which has been hanging over these talks and it's a condition that russia says is completely under. sceptical that a deal can only be struck if the u.s. military strike is off the table bashar al assad in his latest interview as well has said that the negotiations are only going to work if the u.s. stops threatening military intervention so number of very different positions that

need to be reconciled if the top diplomats here will be able to come to any agreement over the course of the day john kerry's words that the u.s. remains poised to strike syria if an agreement isn't reached as a reminder of what the consequences could be if they fail to come up with a plan here. r.t. . and all to discuss the syrian crisis and the current diplomatic efforts surrounding it with. you served as france's foreign interior and prime minister he told my colleague why he thinks the use of force will not and the years of bloodshed. i think we should do our best to avoid the use of force we know that the force without the force without. diplomatic efforts is always useless that's why the priority to ease the negotiation but of course we should go forward and we should have results today we have one result which is the

signature. of the convention on the ban of chemical weapons that's a first step but that's not enough washington is convinced syria agreed to be designed only because of the real threat of being attacked and bashar al assad says that's not the case or do you think well i think you're firmness is part of the game is showing some results but i think the main factor is the willingness of russia to take responsibility and russia taking the lead. making some proposals this is really changing the. figure of the whole fiona me of the of the situation threat of military force is now a stumbling block in negotiations and diplomacy as sad ones the threats to and why washington wants to keep the possibility of strikes on the table off the way out of this we know that military strikes are not easy. because there is nobody already in

the congress favoring the use of force second because we know that in the last thirteen years the use of force did not gave any result in the international scene we've seen it in afghanistan we've seen it in iraq we've seen it in libya so we know that the solution for syria is not force. and we know also that there is a way to escape from force from the use of. an attack and this way out is to have some results on the ground some diplomatic results in order to find better solutions for the syrian problem that any other interests be behind the u.s. and its allies in wanting to strike syria beyond just punishing assad for the chemical attack here allegedly connected. well first we know that punishing. should not be by force for that we have. the league delusional legality we have the international criminal court so the answer to

punish is never to use force the answer to punish is to go through justice that's the real issue but the main problem today again is to try to protect the syrian people and for that the force is not going to give us any force would mean more people dying on the ground i mean new escalation we should not forget that not only we have the civil war in syria but we have a big fight between sunnis and shias and so the problem is not at the level of the use of force and we have seen in iraq that force. only created more problems we have one solve than people dying every months in iraq so i don't think force is and then their answer is to use diplomacy to have steps going forward and that will eliminate the risk of force if we can have peace again. well it looks like the

overwhelming majority of americans prefer a diplomatic solution to syria and despite president obama's attempts to explain why he would like to launch a military strike against the massacres in fact the latest reuters poll shows that the majority of people have been left largely unmoved by the american president's speech last week where he did try and urge people to support him for a military strike against syria let's bring up the numbers for you here on the program on our sea so far three quarters of americans back efforts to resolve the crisis in syria through an international agreement to control weapons now reflects the antiwar feeling that overshadowed obama's request for congress to authorize an attack and that sentiment is crucial to preventing further escalation according to lawrence freeman a political journalist of the executive intelligence review. president obama is in great trouble the american people are outraged about this war and they basically

bombarded their congress men and women one hundred to one in telegrams and calls and e-mails against this war so he was forced to back off on a policy that their very own a week ago he was committed to launch a bombing campaign and i think the russian leadership and the american people have boxed a minutes you can't tell what's going to happen because there's so many different factors but we're clearly in a much improved geometry the than we were a week ago. now when it comes through the exit of suresh futures from syria europe is still split and there are those who say the european union must help asylum seekers especially considering e.u. aid to rebels is a major driver of the conflict others think differently they question why e.u. taxpayers must bear the burden of yet another arab conflict and where harvests battle hardened in syria bringing terror to europe are all of the story.

here in europe we may be far away from the fighting in syria however the effects of violence are being seen in the form of tens of thousands of refugees flocking here to seek asylum just this last week the first of five thousand refugees arrived here in germany as part of a new settlement program however there are those within europe that say that the e.u. governments must face some responsibility for these people having to flee the problem is the e.u. governments continue to support the rebels including the german intelligence and covertly and other ways i think it's completely cynical of germany to pretend to be this humanitarian receptor of five thousand refugees at the same time they're poor in aid let's stop the the reason that people are leaving their homes they don't leave it willingly with over two million people already having been displaced syria's neighbors are overwhelmed by the deluge of days fleeing for their lives

that means that they seeking sanctuary having to look further afield towards countries in the balkans that can ill afford to have thousands of refugees turning up according to some politicians here will continue with our government opens up the door it's five thousand and fifty thousand and more and more of our cities like liver can and can't finance that we are broke it's not germany's responsibility to solve the problems of the arab world with our taxes and there's also concern that allowing these people access to europe could see the syria crisis being imported here. because they get fired we are worried that those germans that went there to fight assad will come back here trained in terror and live here amongst us like taken time on it's just a matter of time before a train station will be blown up we demand that our security services stop then returning as more people flee their homes the refugee crisis is one that said to continue for a long time. are just

a moment here on our team back with more news including the fresh woes plaguing the struggling european union a guest we're joining us interest. to build a. mission to teach. why you should care.

could you take three. three. three. three. three. three. video for your media. free media. it's here with me thank you very much for joining us today quietly behind the scenes europe's debt crisis has been coalescing into a new storm with. a certainty greece is going to need billions more says it needs a credit line and the portuguese government is panicking over missed deadlines on top of all of that there are deep reservations over europe's proposed banking union

brussels the power to shut down any bank. reports. these days may be calmer for europe be able to june period saw the eurozone come out of recession after the longest period of economic misery since records began back in one thousand nine hundred five but the crisis is far from over and the cost in millions of lost jobs and economic stress remains a major concern economic recovery is at best fragile now output from the euro zone's factories had fallen by a much more than expected in july unemployment remains a dramatic levels and some of the southern countries what's more a number of members and nations still are struggling to balance their finances raising fears that more bailouts will be needed in the future now while more loans have been ruled out for the moment bailouts were still very much at the top of the agenda at the recent meeting of euro zone ministers let's take

a closer look at where the actual concerns lie today bailed out twice and still not in the clear greece is likely to need another ten billion euros just in order to bolster its finances but elections in germany mean that help isn't likely to come anytime soon voters in the blocks most powerful economy have grown tired of taxpayer funded rescues and problems in greece spell trouble for cyprus the two countries are intricately linked by history as well as common economic grounds cyprus was bailed out earlier this year for some ten billion euros but new data shows that its economy is shrinking to the worse levels since the one nine hundred seventy s. raising the possibility that if greece does ask for more cash cyprus may not be far behind and asking for help now ireland may be exiting the bailout program at the end of the year but the country is also in line for euro zone aid now its finance minister had suggested a credit line of ten billion euros this is to serve as what he calls a backstop to give confidence to investors moving on to portugal that country faces

a bumpy ride the country was set to end its bailout program in the middle of next year but that was before parts of the rescue were actually ruled illegal now officials in lisbon must scramble to find other ways of balancing the books. and now new worries with slovenia falling from economic grace billions of euros in bad loans make the country a candidate for euro zone bailout number five now that country has been in recession since last year and it's been scrambling to fix its banking center for now euro zone finance ministers insist that slovenia won't need a bailout but the country has a long haul ahead before it's in the clear so when it comes to improvements in the eurozone economy better hold off on the champagne at least for now this account for no far to moscow. the european central bank is urging governments not to grow complacent over recent signs of recovery more action and reforms but for now let's get some more perspective on the crisis in the euro's future with someone who

stands behind the currency joining me now professor horseless shell from the frankfurt school of finance and management joining us here on the program today thank you very much for joining us here on r.t. today a big hello to you from moscow it's been more than two years now quite a bit more than two years since the euro crisis began are you is your faith in the euro now strong as it was as it was back in two thousand and eleven. yeah good morning also from my eyes i think we've made a lot of progress. in the last two years you have to see we have set up a rescue from we are now on the way to have a banking union to sign a banking union and also we have a fiscal compact for all countries of the euro area and i think also that into thousand into troubled country and thought on part of the euro area there's progress economic progress and in every rich do you normally more or less out

of recession so i think i wonder where i'm going because i can i can i ask can i can i kind of call you out on some of these some of these potential prospects so you talk about growth some of the numbers i've got say that that unemployment at a record level growth is largely stagnant across europe more bailouts seem to be in the future i mean it's what you call is that what you call recovery for the eurozone no i mean in any case we had to had a structural adjustment process in the euro area after the financial crisis and then the debt crisis here in europe this was under water bill let's say and cease way what outmanned is that we have now the peak we reached a peak for example in unemployment and there are signs in the real economy but also in the political area for more progress to come in the future that's my point now one of the arguments being put forth is that the euro in and of itself actually eliminates economic diversity in the eurozone is yours and what are your what are

your thoughts on that. this is seeing that countries who are examining a thousand part of europe have indeed. to come closer to converge to economic development and in dissent in france or in germany and this is just meant process these countries has to do of course they are droppers and is also harmful for this country for example for the young people employment and this kind of seeing blood in the end of the book it's almost it's quite refreshing to have you on here in r.t. today because you're giving us a very frank point so where are some for example politicians around the world would deviate from that and say that everything is rosy and everything's fantastic what are the issues certainly brought to bring up here apart from for example greece is poised to say that greece will need another bailout let's have a look at what happened to cyprus because cyprus ultimately had to rob its own savers to get a bailout i mean how good is that for europe because certainly when that happened

in cyprus it sent tremors across the euro zone. that's right i agree with this point i mean one. reason to set up the spanking union is to find a way how the banks first of all protect itself and secondly that taxpayers' money is limited to bail out banks and certainly thirdly also the link between supper and banking crisis should be kept and this is another point here i'm not saying we're out of the woods what i'm saying we are making progress also although the situation is still difficult also in cyprus as well and we have to awarded to cyprus krises come back and also. swap over to other countries of europe area but as i said i mean we have also had it election in germany and i'm pretty confident that after this election more progress to come

also into a political arrangement to fix further on the euro crisis professor michel if i can just get in here for a moment i'm running low very low on time i apologize one more question for you let's turn our attention to the european central bank its efforts again over side of the banks of seventeen nations your german how would you feel for example about greek politicians having a say as to how your banks in germany operate or even having a say about having them shut down. i don't sing that for example creek politicians can decided to shut down the bank. in germany what is take a european central bank chapter i want to bang. council there and there will be people from different nations and perhaps different opinions but i hope that there will be a rational decision let's say but also in germany germany has also

a lot of it wanted us from the you ruin our exports and so forth saw i see still the properly although. some problems in the mood have to populate about the bailout it also seems but there is of support here in germany and i seem to have to be to decide what bank will be closed is a good idea at a refreshing outlook there from a professor and doctor of a political the economy of the frankfurt school of finance dr horst of the shell joining us live for an r.t. thank you so much for your time today. well thank you so much for your time today as well there's a little good news though regarding the euro zone's latest unemployment statistics a block wide and joblessness has basically grown every month for the past two and a half years ever since greece was given its first bailout but now with angela merkel's government about to stand the electoral test it could be crunch time for the single currency laura smith reports. it could be make or break for the

eurozone as the german election approaches europe's a region still stuck in recession with outbreaks of social unrest and some believe the outcome of the election could be a catalyst for change i've been speaking to but klaus the former president of the czech republic capital markets conference here in london he compares the european project to communism and says the time is now for the people of individual european countries to stand up and say the emperor has no clothes. everyone who. sees that it's impossible to continue. radical change. speak about a fundamental transition fundamental transformation something we in over parts of europe in east central and eastern europe experienced two decades ago.

to wake up and to do the same and how likely is it do you think that that will have its will stand up and say the. question is. started to really but definitely not come from brussels clausen visit to europe conglomerates in seoul for an independent nation and he found common ground with ukip snide. we have got two hundred fifty one days until the european election takes place across the whole of europe that is the opportunity politically to cause an earthquake lobbying is important intelligence briefings are important argumentation is important and we think that changes politics is the way people vote i think these european elections are a major opportunity right across the continent of europe to spark something that leads to referendums that leads to real change. and farage has found recognition

for the most unlikely source a man well barrow say the european commission president says you kip could become the primary force in british politics implying david cameron's jumped on the bandwagon if you can't hear a skepticism just to win. both klaus agree the time is right for a fundamental decision should the eurozone limp along propped up by folding or should that be a return to an economic rationale and a year of based on intergovernmental cooperation rather than integration or let's shift gears now to bahrain where security forces have once again tried to clip their wings of antigovernment protesters police fired bird shot and tear gas to disperse them on the streets and their call for reforms also echoed by marchers outside london. who demanded the west stop arming oppressive governments or human rights activist. he says neither weapons nor legal threats will stop the movement

for change. we have witnessed a severe a crackdown on the peaceful protests since february two thousand and eleven surprisingly those approaches have continued to protest and in fact nothing has disturbed them we have seen these are all the army entering the train and participating on the crackdown did they stop the protest from carry on no they did not the answer is always the more restrained the bahraini government the more bans they they basically issue the more people are more determined to continue i mean we have seen the last month they stopped people from protesting anywhere in manama and yet there is ongoing the protest in manama and people are determined to continue so basically the more repression they face the more they are clear about achieving the

demands of freedom and democracy. thank you for joining us here on r.t. today fat cat bankers the money makers and how your cash isn't really yours at all the kaiser report is in just a moment. fans of the shock to your football club and kind of gonda kazakhstan believe that a certain special ritual help them achieve victory against the world famous scottish team celtic this ritual was sacrificing a sheep at the stadium and someone who lived in kazakhstan for two years i know there's a real meat eating country with deeply rooted traditions and livestock racing so this news is unusual but maybe it's not completely bizarre for the culture of course defenders of animal rights who don't seem to realize that the sheep would be turned into people of the next few days anyways demanded that you

a full officials punish the shock to a club for the actions of individual fans this is the same logic as if someone wearing a sexy tim kirby t. shirt went around robbing liquor stores i am not responsible for the actions of people like this program and it's not like i'd ever advocate robbing liquor stores and i doubt the shocked your management secretly arranged for fans to slaughter the sheep at the stadium when the slaughter of animals is acceptable to you or not well that's one thing but we don't need to regulate the morality of individuals in other countries via soccer especially if that regulation means punishing the football clubs who are responsible for the actions of individuals but that's just my opinion .

biomass kaiser welcome to the kaiser report wow i can feel the fraud give me the creepy creeps all over because i'm in connecticut stanford and greenwich this is the headquarters of the global financial weapons of mass destruction manufacturing business and that's why we've come to find out what the frick is going on stacy herbert talk to me this episode is going to be dedicated to the notion of day fraud because he must have felt that standing in front of u.b.s. anywhere there's a banker wielding a derivative there is deja fraud happening now this concept of deja fraud was introduced by ray mcgovern a former cia analyst and he just wrote a letter an open letter to president obama about the syria situation and he referred to obama's use of a government.