u.n. membership is not the end game but before that let's get a business update with. hello and a very warm welcome to the business program the russian ruble continues to retreat against the main currencies it's reached the lowest level against the u.s. dollar in ten months although analysts believe capital outflows are the main cause here softness of all they could do it as the money will return in the near future. with ty. you tend to see these two factors being realigned the current account and the financial account. capital flows being real line with the overall direction of the current account so if we continue to see high oil prices i do expect capital outflows to react to the. outflows to slow down and possibly capital inflows to start to set in because there is cheap and it is cheap given the fundamentals that are out there and accordingly i think even speculators with time. may find it profitable to take a second look at the ruble and start investing back again. let's have a look at the markets now oil prices bounce back from losses in previous sessions where

u.n. membership. the final deal to stop the execution of troy davis and the u.s. >> china protests plans to upgrade taiwan's's f-16 fighter planes. reunited with friends and family, to americans charged with espionage have been released from iran. >> broadcasting on pbs in america and around the world, this is "newsday." the deat>>> hello, and welcome. president obama has met with palestinian leader mahmoud abbas in new york, where the palestinians are seeking full u.n. membership. the white house says mr. obama has reiterated the u.s. opposition to the palestinian move and told president ossi would veto it. -- and told president mahmoud abbas that he would veto it. >> middle east diplomacy transferred to new york, starling traffic. it still seems unable to match the big challenges of a conflict that is looking dangerous. >> it is time for us to say, not on our watch! >> israel is keeping the pressure on the obama administration to veto any application by the palestinians to the u.n. membership. and p

u.n. membership and stay put as stated but at this point. president abbas is saying that there is no point of returning to negotiations that have continued on for nearly two decades have not resulted in anything no peace plan nothing and just resort back to the way everything has been proceeding so while the international community is trying to come together right now to get both sides back to the negotiation table it seems that the palestinians are really driven and determined to decide the fate of their country and with that they're taking this argument to the united nations and that's weighed where they are planning to leave it and that's where it will continue. as the palestinian bid for statehood at the u.n. continues reports have emerged claiming that president obama secretly approved supply to israel fifty five deep penetrating bombs of so-called bunker busters the country has been requesting the high tech weapons since two thousand and five a plea rejected however by the bush administration which could sell the technology to china an

u.n. membership. excuse me pushes for u.n. membership in state but there are certain deals that we are being told are being made that if submit it for it beneficial requests the security council can sit on it for a little while and not take action right away this would help the u.s. in a position of not casting a veto and looking hypocritical because the u.s. president obama has called for an independent palestine but the president mahmoud abbas is also saying that it's time for the international community to stand by its words he has the option of going to the general assembly where palestine has a majority of support that would not get them full u.n. membership but it would make history and it would send a clear message to the u.s. and to israel so right now the u.s. is trying to maneuver a way in which everyone can save face there is a lot of discussions being made but we do know that representatives of policy in israel will both be addressing the general assembly on friday which way policy will ask is not clear right now bu

u.n. membership and statehood but the u.s. has publicly said it would veto this move if it had to would cast a veto and that would the palestinians from becoming members of the united nations now russian foreign minister sergei lavrov did speak with the press saying that of course direct negotiations is what is wanted but the u.s. should not use its veto to block the aspirations of the palestinians or thousand of any other country so at this point the u.s. by casting a veto risks losing support and credibility among the arab world because remember president obama supported the tunisians the egyptians the libyans during the arab spring he has spoken out in support of those that are are demonstrating against the leaders of syria and he also mentioned last year that he supports an independent and sovereign palestine so now to turn around and do something different and not stand by his words he's actually facing a quite a conundrum the u.s. president did meet privately with the israeli prime minister benjamin netanyahu and he will

u.n. membership before he leaves the york. -- new york.we have been speaking to shimon peres, president of israel. >> how should we negotiate with the palestinians or open channels? the problem is the international channels including the united nations cannot answer the question of how to provide independence to the palestinians and how to provide security to israel. they do not want the security pick their way -- there will not be security and will not be independence. since the united nations cannot deal with the security issues, it is an empty declaration. i am not speaking against the palestinians. i think for them and for us peace is possible. the best way is direct talks. there are difficulties in how to open it. we have to overcome them. >> you have been involved in the peace process since its inception. nobody doubts your commitment. we have a government in israel today in power which many people do doubt its commitment to a realistic peace offer for the palestinians. surely that is the nub of the problem. >> i think differently, b

u.n. membership in the first bid toward statehood. abbas received applause both at the un and at home, but the united states says it will veto the measure. shortly after the submission, is really prime minister benjamin netanyahu spoke to the assembly saying peace with the palestinians could not be achieved through un resolutions, but through direct negotiations. >> this was the moment many palestinians had been waiting for. their president, mahmoud abbas, met the u.n. secretary-general, ban ki-moon, and handed over the formal application for membership to the un. people in the west bank celebrated as they watched the events in new york. there was little sign of the violence that many had predicted. after delivering the application, a boss spoke to the un general assembly. -- abbas spoke to the un general assembly. he received a standing ovation. he said that israel has to implement u.n. resolutions for there to be peace in the region. >> settlement activities embody the core of colonial military occupation of the land of the palestin

u.n. membership is proceeding and the palestinian president will submit an official letter friday for u.n. membership as paula was just describing there are reports coming out and some saying behind the scenes that what will happen is that the security council will try to stall on voting for up to thirty five days to prevent any kind of veto from being cast but the u.s. did say as early as this morning the u.n. the u.s. ambassador to the u.n. that if the time will come and it the u.s. has to it will cast its veto against the palestinian aspirations for you and membership now russia has called on the u.s. not to do this not to use its veto power to block palestinian aspiration for u.n. membership that this is something that no country should do specifically when you look at this that the majority of the international community the majority of the one hundred ninety three member states of the united nations do support the palestinian bid for u.n. membership and statehood so at this point there's a lot of diplomatic diplomatic offensive going on behind the scenes on the part of the united sta

u.n. membership. >> translator: china understands respect and supports palestine's bid for u.n. membership. >> chinese foreign ministry spokesperson said that seeking independent statehood is a natural right for palestinians. he said it's the foundation for peaceful coexistence between palestine and israel. china's backing will certainly boost palestine's bid for u.n. membership. a recommendation from a security council member such as china, is required. another permanent member the united states is threatening to veto the bid. u.s. officials are saying it'll obstruct the resujs of peace talks with israel. plan president abbas told ban ki-moon that he will submit application on friday. it is likely to continue until the last minute. >>> world leaders have pledged to help libya's national transitional council rebuild the country at a high level u.n. conference. >>> top leaders and ministers from more than 60 countries attended a meeting in new york on tuesday. participants included u.s. president barack obama, french president sarkozy and japanese foreign minister koichiro gemba.

u.n. membership state hood this is something that has stolen the spotlight because palestinian membership is something that the majority of the general assembly does support but it's something that the united states has been speaking out against that the us has threatened to use its veto in the security council to prevent palestine from gaining u.n. statehood membership but while it can still gain the support of the general assembly and return an observer status because no sides palestine or israel are ready to return to the negotiating table but foreign minister lavrov did say that it is within palestinians right to ask for u.n. membership and the united states should not get in the way of aspirations for any country take a listen to what the russian foreign minister had to say because. the middle east quartet will not meet in the near future with a recent meeting with the u.s. secretary of state hillary clinton has showed that the u.s. would not like to see the palestinian question raised at the u.n. we think that it would be preferable to sit to the negotiating table first. ready for i

u.n. members to support the palestinian campaign for membership and statehood at the u.n. it would elevate palestine to nonmember observer status and that would allow palestine to join and participate many forums and file lawsuits with the international criminal court but we're still dealing with its process in the security council and it is beginning today and it will continue for some weeks the morning of the middle east schools had school news around the palestinians to come back to the bases evil in amman one of the tones about. well president mahmoud abbas said he will only return to the negotiation table if israel halts settlement construction and accept the. sixty seven lines and a basis for talks those guidelines were not put out by the middle east quartet and as a result of that and israel has not has not stopped building settlements as a result of that president abbas said there is no point of doing business as usual this has been a process that has lasted for nearly two decades these negotiations and they continue to fail and that's why he says palestine is lead

u.n. membership and statehood will and will in essence go through more important. in syria tanks a blocking key parts of the strategic opposition city of elder a stand in the west the u.n. believes more than two thousand seven hundred people have died there since the country's violence began seven months ago russia's foreign ministers met a syrian counterpart to assess the crisis that meeting finishes fifteen minutes ago dr graham aleutian from jordan university joins me now to talk more about this he's written extensively about the syrian situation in the wider middle east thanks ever so much for being with us tonight dr louche i'm sure up to speed to this process this meeting just finished fifteen minutes or so ago we're getting the news wires through now about the outcome following the meeting we hear the syrian foreign minister said the russian position which calls for both sides to hold dialogue now provides incentive to damascus to introduce reforms but how soon could we see damascus really putting those words into action do you think. well i think the mouse c

u.n. membership and statehood will and will and essence go through. and i would all the latest from new york with the u.n. security council is preparing to discuss the palestinian state two spades. as presence of allah struggles to contain the fallout from the palestinian bid reports of a must which claim these secretly approved the transfer of fifty five high tech bunker buster bombs to israel had apparently happened months after he took office that had earlier been rejected by president bush who feared israel would sell the technology to china but historian william blum's that's for a bomb it's a way to secure a vital campaign fund. the u.s. has been giving israel all manner of. it's not great but a large europe i mean if you are a rational explanation that is not what he is. money in the us the last few years of working with your. and your human virgil's that's what. got your rationale here as. well as you want to go. now people in britain have long been able to march in protest but those voices are being silenced in parts of london for an entire mo

u.n. members to support the palestinian campaign for membership and statehood at the u.n. it would elevate. to nonmember observer status and that would allow palestine to join and participate in many forums and file lawsuits with the international criminal president mahmoud abbas said he will only return to the negotiation table if israel halts settlement construction and accept the three nineteen sixty seven lines and a basis for talks those guidelines were not put out by the middle east quartet and as a result of that and israel has not it has not stopped or. good building settlements as a result of that our president said there is no point doing business as usual this has been a process that has lasted for nearly two decades so at this point it doesn't look like the palestinians are being very receptive to the middle east course quartet statement that allowed both parties to go back to the table within one month and then have everything settled within one year right now all eyes are on the un to see if the palestinian bid for u.n. membership and see what will and will i

u.n. membership and the united states should not get in the way of aspirations for any country. that the new play in the middle east will meet in the near future the recent meeting with the u.s. secretary of state hillary clinton has showed that the u.s. would not like to see the palestinian question raised at the u.n. we think that it would be preferable to sit to the negotiating table first but both sides are not ready for it because there's no agreement between them we think really the palestinian administrator of the rights to the u.n. security council to speak statehood was just this time last year that u.s. president barack obama addressed the international body saying that when he comes to the united nations in two thousand and eleven he hopes that palestine will be a member of the united nations and now twelve months later the u.s. of course is back pedaling and threatening to veto the aspirations of palestine also reports coming out that u.s. president barack obama will be meeting with palestinian president mahmoud abbas this was a meeting that was not scheduled up to t

u.n. membership on friday to secretary-general ban ki-moon. he's then scheduled to make a speech before the general assembly to call for international support. israel expressed criticism of the move saying it could destroy past agreements made in middle east peace talks. u.s. president barack obama expressed opposition when he met with president abbas on wednesday in new york. he said the framework of mideast peace talks could collapse. u.s. secretary of state hillary clinton is focusing on the future. >> regardless of what happens tomorrow in the united nations, we remain focused on the day after. we will leave, know, no effort or stone unturned in our commitment to the achieving that. >> the u.s. is continuing its efforts to dissuade the palestinians from applying for u.n. membership. >>> people around the world are keeping their eyes on the sky in the coming hours. pieces of a u.s. satellite are expected to fall to earth sometime on friday. and just as old space hardware is returning to this planet, some new equipment is going up. the japan

u.n. membership but if this meeting does take place who knows maybe this story will shift into a much different. and while the palestinians are campaigning for statehood at the u.n. some believe washington is using its economic influence to hold such efforts from going through but there's no question that the obama administration and the democratic and republican party operating through congress is exerting immense pressure on the palestinian authority making it clear that the palestinian authority will be cut off will be deprived of the funds necessary to pay palestinian authority employees as has already happened much of that money was already cut in july this is pressure mounting on the palestinians to make them pull back from their right to go forward in the general assembly and ask for recognition of a palestinian state it's a lot of pressure on the palestinians but the palestinians are likewise pressured by their own people who have seen no remedy to the suffering that they suffered both in the west bank and gaza and the growing international support that makes the palestinians see a new

u.n. membership this friday. brings up the data regarding what the latest u.n. . well clearly more heads of state will be addressing the united nations on their vision to bring peace and security to the world but the issue of policy is one that's going to continue to dominate all the discussions u.s. president barack obama will be meeting one on one with israeli prime minister benjamin netanyahu and shortly after he will be meeting one on one with palestinian president mahmoud abbas so he will be talking to both of them what many believe is that the u.s. is trying really hard to prove that the palestinian campaign for a u.n. membership or at least stall it so the u.s. would not be forced to cast a veto. live in new york boston. u.s. is israel's biggest supporter of the united nations but its backing for the arab spring it threatens to leave its main the middle east ally in total isolation america got behind the muslim movements for democracy the new regime in egypt has left israel picking up the pieces of broken relations and he's now explains. democracy has a pri

u.n. membership or at least stall it so the u.s. would not be forced to cast a veto. live in new york to boston. u.s. israel's biggest supporter the united nations but it's backing for the arab spring threatens to leave its main the middle east ally in total isolation america got behind the muslim movements for democracy but the new regime in egypt has left israel picking up the pieces of broken relations. explains. democracy has a price people of egypt have spoken. their voices have been heard and egypt will never be the same and the new egypt embraced as a positive example of change in the arab world by the west is not the only one paying what. the. you know. doing good your times there was a bit of security but now there's this security on the streets israel has also been left hanging a slow road to stability in neighboring egypt mixed with the massively unpopular israeli foreign policy makes a dangerous cocktail. the pace for change towards those us beautician was very slow so you had a lot of frustration on one side and then you had a lot of anger that. exacerbat

u.n. membership and statehood will and will in essence go through. that was what is more important with the latest there from new york where the u.n. security council is preparing to discuss the palestinian statehood bid. as president obama struggles to contain the fallout from the palestinian statehood bid reports of a merchant claim he secretly approved the transfer of fifty five high tech bunker buster bombs to israel that apparently months after he took office even though that early had been rejected by president bush to fit israel could sell the technology to china interesting story ted rolls on the line to talk about that he's a political satirist and columnist to join us on the lines from new orleans thanks ever so much ted for being on our to international i wanted the u.s. stand to gain from this deal. obviously it's just part of the continuing relationship between the united states and israel which is probably the number one recipient of what is called u.s. and foreign aid which mostly takes the form of military sales in this particular sale

u.n. membership at the state hood is something that the majority of the general assembly does support but it is something that the united states has been speaking out against that the u.s. has the right and to use its veto in the security council because no sides palestine or israel are ready to return to the negotiating table but foreign minister lavrov did say that it is within palestinians right to ask for u.n. membership and the united states should not get in the way of aspirations for any country because they're going to get the new plan in the middle east quartet will not meet in the near future with a recent meeting with the u.s. secretary of state hillary clinton has showed that the u.s. would not like to see the palestinian question raised at the u.n. we think that it would be preferable to sit to the negotiating table first with both sides are not ready for it because there's no agreement between them we think deprive the palestinian at ministration of the right to ask the u.n. security council to speak out on it statehood bid was just this time last year that u.s. president ba

u.n. membership and let's remember it was just one year ago when u.s. president barack obama suit up before the international body addressed the general assembly and said he hopes that when he returns in twenty palace would be a member of the united nations so clearly there is a lot of backpedaling right now a lot of backtracking u.s. officials do not want this to take place on a multilateral level they believe that palestine should be charged with israel but at this point the majority of u.n. members do support the palestinian campaign for u.n. membership and if they win that support within the general assembly they will be called a non member they will see when and nonmember observer status and historic symbolic victory so between now and then a lot of talking will continue about this about. on friday right now the libby is in the limelight isn't it with president obama meeting the country's interim leadership what's happening on that school. that's right there was a high level meeting at the u.n. taking place on libya and u.s. president barack obama

u.n. membership or at least stall it so the u.s. would not be forced to cast a veto.for some perspective on this let's go to palestinian journalist years on a neary thank you very much for joining us here on our t. know there are reports suggesting that president abbas has accepted a compromise and a vote could be postponed and the french president has proposed a peace agreement in one year how likely do you think this is. but i i won't believe it until i see it because last year the same thing happened when president obama promised and said that he would like to see a palestinian state a member of the united nations in a year from now from then that was september this year that is supposed to be september this year but nothing has happened and we've seen obama backing down from what he said years ago and and i don't really believe it as until i see it under for let's let's not forget that it will take it quite a few weeks to butt heads even months until the president of course is taken to the security council because i did there will be a lot of that a gracious betwe