out of jumpsuits into remains one of the world's sutcliff driver spalding oppose you finish in athens greece. chelsea have dismissed manager carlo and shalabi following a one nil loss to everton in the last game of the season a club statement read that quote that this season's performances have fallen short of expectations now chelsea finished second in the fray league behind manchester united while also exiting the champions league the f.a. cup and then league cup here in this season the london i was guided by and chalabi secured their first semester double last year but obviously underperformed this time around before moving to england's and chalabi coached ac milan for eight years helping them to win the champions league as whites in two thousand and three and seven reportedly and seaports those andre village bush could replace they tally in at the helm. now formula one reigning champion sebastian vettel continues to increase his all rolaids german winning his fourth race season by edging lewis hamilton at the spanish grand prix that's also a red teammate and polls that are mark webber fa

greece's debt climbing fast the e.u. takes a hard line on athens deepening the schism between the nation in europe. and in business well said could clear its budget deficit by more than half this year prime minister finance minister could rant says record low prices will also help boost investment and pay off debt incurred during the past we'll have more on that programme about twenty minutes time. this is artsy very good evening it's nine pm monday night here in moscow my name is kevin zero in our top story tonight political unity among all palestinians is needed to achieve peace with israel and create an independent state russia's foreign minister voiced that very view on the conflict has the two main palestinian parties came closer together at a meeting here in moscow coming palestinian minister put elections were also on the agenda our correspondent in been following the talks for us. since hamas and fatah were able to set their differences aside after years of animosity they've now decided to form a joint government previously they've been say

turns up the heat on greece not doing enough to stop driving down in europe athens russia's back claiming it's pushing itself to its limit. so you're watching on t.v. broadcasting live from moscow welcome to the program well nascar is offering a helping hand to both libyans and palestinians in efforts to negotiate peace agreements some of which and presented to libyan opposition and palestinians is a whole separate talks with the russian foreign minister but. for more on this what the delegations hoping to achieve. it's definitely going to be a very busy day here at the foreign ministry in moscow first of all what we talked about the libyan delegation this is going to be the delegation from the revolutionaries from the. from going guys he and he are expected to discuss the preconditions for a cease fire would tripoli and it is going to take place the meeting after another meeting earlier last week between moscow and representatives from tripoli and during that meeting tripoli said that they are ready to go by all these un resolutions any or ready to consider a ceasefire if the rebels put

turns up the heat on greece for not doing enough to stop driving down in athens at lunch is back and it's pushing itself to the limits. which is sixty five percent of russia's online search market may raise up to one point three billion dollars from its nasdaq i.p.o. price is shares at the top of their range that would make it the biggest time line internet since google were in business in twenty minutes. you're watching our table let's go straight to our top story now russia is offering a helping hand but libyans and palestinians that efforts to negotiate peace agreements and the beach of representatives of the libyan opposition and palestinian leaders of the whole separate talks with the russian foreign minister. has gone off for more on this you go let's talk about the libyan delegation. what's the opposition actually hoping to achieve in moscow. well these delegation from bin ghazi the rebel stronghold is expected to discuss the preconditions for us ceasefire and this meeting will come after another one last week with representatives from tripoli and back then drupal he said it i

turns up the heat on greece for not doing enough to stop dragging down the euro athens lashes back saying it's already pushing itself to the limits. and the russian version of google yonder is about to list in new york and she has a sentiment just clearly pointing to as the i.p.o. which is the one billion dollar i.p.o. is a really ten times oversubscribed more in business in ten. and online twenty four hours a day you're watching r t welcome to the program part of story delegations from the libyan opposition and palestinian officials are in moscow seeking help to resolve the regional problems russia wants to table cease fire conditions with benghazi representatives by the creation of a new government is really he still expected to dominate a meeting with hamas and that's officials. last week it was a delegation from tripoli and now it's a delegation from being gassy the rebel stronghold and moscow stresses that it does not want to be a mediator in this conflict saying that this is an internal issue for libya but it does want to help all sides to find ways to start moving to a closer towar

with greece's debt climbing fast the e.u. takes a hard line on athens deepening the schism between the nation that and the euro. is artsy it's eight pm monday evening here in moscow welcome if you just joined us one name is kevin know in our top story tonight political unity among all palestinians is needed to achieve peace with israel and create an independent state russia's foreign minister a voice view on the conflict as the two main palestinian parties came close together at a meeting here in moscow a coming palestinian political elections were also on the agenda our correspondent has been offspring following the talks. since hamas and fatah were able to set their differences aside after years of animosity they've now decided to form a joint government and previously they've been saying that the hope for russia support and over the weekend their representatives have been meeting with russian diplomats and now we've met with the foreign minister himself and syria are often said that russia has an active member of both the u.n. security council and th

i'll come back to the kaiser report on max kaiser time now to go to athens greece and talk with dr characters told brass who is suing goldman sachs j.p. morgan and others for their role in the financial assassination of greece dr tubb ross welcome to the kaiser report hi mike starr you that should surprise you are suing not only j.p. morgan and goldman sachs but here suing the entire financial kit and caboodle even the intermediaries that deal with these fraudulent securities the the broker dealers the derivative traders you're going after the whole spectrum of fraud is that not correct this is. all people who are behind a sword in a fight is responsible to lay there's only good government good morning bill ation . suit against people but where and if i if this call for service tomorrow if there's a soda well for you investment back soon we'll get a scam of the big government price if you can get on the government big crisis. investment banks has sponsored traders or for c.b.s. . make it so so they're so freaked about government bones and. including. them. who if. they're so be shipped on the

greece is facing fresh ultimatums from members amid criticism it's failing to meet its obligations athens needs to step up its economic reforms to help reduce its huge national deficit but as our. reports tensions between the country and its creditors are fast approaching boiling point. as bemis creek businessman aristotle onassis once said to be successful people looking to live in an elegant building even if you're in the cellar be seen in smart restaurants even if you only nursed one drink and if you borrow borrow big three certainly broke big but it hasn't helped its success a modern country built on a glorious ancient civilization is on the brink of national financial disaster and some e.u. members which helped bail it out are no longer happy with the anti-crisis measures taken by athens. we can't just show you solidarity and then say that these countries can't continue as before we can't have a common currency where some get lots of education time and others very less so that won't work in the long term. to the people of greece are already suffering from severe job and wage cuts thi

r t athens greece well if you go to our website that's our dot com you can rebuild greece is far from being the only troubled european economy spain it may follow suit i soaring unemployment and harshest early measures trigger mass protests all over the country. are. now classic american corvettes and soviet era ball does cruising the streets of moscow find out where these antique automobiles are heading our team dot com. well to brussels now we're e.u. foreign ministers are putting the pressure on key countries and syrian president bashar al assad's assets have been are frozen and he's now banned from entering your territory well it comes in response to the violent crackdown on anti-government protests last week the e.u. slapped a travel ban and as a freeze on the thirteen other senior syrian officials meanwhile the block's also taken action against iran over a hundred more people and companies are added to a list of those affected by the sanctions well these measures are designed to force terror on to abandon its controversial atomic program. let's now look at some international new

lines which some say now threaten the entire unity of the european union itself catherine r t athens greece. russia's top search engine young dex is about to be listed on the nasdaq in new york some experts believe the company's r.p.m. will outperform the last year's day you have another russian web mail bottom of you of course that's in the back of the business desk what's the investor sentiment ahead of the upcoming i.p.o. well kerry investor sentiment is more than positive for head of the company's tonight's listing the order book isn't ready five times oversubscribed which has sixty five percent of russia's online search market may raise up to one point three billion dollars if it price its shares at the top of their range which is highly likely that would make the company the biggest tech companies the because the i.p.o. by an internet since google well internet stocks have become hot property again recently as demonstrated by our rush of interest in the russian internet investment company mails what are you. willing to well many experts say the jaundice is likely to encourage other ru

well i'll go back to the kaiser record i'm max kaiser time now to go to athens greece and talk with doctors care aka's told brass who is suing goldman sachs j.p. morgan and others for their role in the financial assassination of greece doctor took ross welcome to the kaiser report high marks are you that have to grant you are suing not only j.p. morgan and goldman sachs but you're suing the entire financial kit and caboodle even the intermediaries that deal with these fraudulent securities the the broker dealers the derivative traders you're going after the whole spectrum of fraud is that not correct this is. people who are defined as a sword in the fight is responsible it's pixelate their spoil the greek government good money be a sham. street against people but they are needed to fight this moderates are super wealthy early investment banks and world to scramble the greek government crisis because it will be a government big crisis that means investment banks hedge funds to trade school for c.d.'s. make it so so they're so freaked about government bones and they. including their you think

hi welcome back to the kaiser report i'm max kaiser time now to go to athens greece and talk with dr characters told brass who is suing goldman sachs j.p. morgan and others for their role in the financial assassination of greece dr to prosper welcome to the kaiser report high marks are you not for bras you are suing not only j.p. morgan and goldman sachs but here suing the entire financial kit and caboodle even the intermediaries that deal with these fraudulent securities the broker dealers the derivative traders you're going after the whole spectrum of fraud is that not correct this is a low speed to get. people who are defined as a sort of in the fight is responsible for speech later responded to government goodwin to be a sham. this is truth against people but where and if the fight is officers to monitor so well for you investment back to the world to scramble the greek government crisis you could become the government big crisis about missing this big banks has function. call for c.b.s. . make it so so they're so freaked about government bones and they. can clearly they think oth

fault lines which some say now threaten the entire unity of the european union itself catarina r t athens greece. the russian's top a search engine that gun decks is about mr york some experts believe the company's i.p.o. will outperform last year's debut of another version of john's not all you know for the bulk of the business. but you know the euro what's the investor sentiment of the upcoming year well here it's a pull to miley investor sentiment is fairly poor instead of tonight's listing which is that least five times over the tribes or for anyone who doesn't know what yandex these. it's the russian version of google and yahoo is this absolutely the same thing isn't russian and well no wonder yandex this consistently beats google in its home market is going to raise up to one point three billion dollars and if the price is that prices shares at the top of their range twenty four twenty five dollars per share and this is highly likely that would make it the biggest i.p.o. by an internet from google and internet source have been found recently and they're becoming property again as demonstra

and i'll go back to the kaiser report i'm max kaiser time now to go to athens greece and talk with dr care aka's told brass who is suing goldman sachs j.p. morgan and others for their role in the financial assassination of greece dr to prosper welcome to the kaiser report i must tell you that. you are selling not only j.p. morgan and goldman sachs but you're suing the entire financial kit and caboodle even the intermediaries that deal with these fraudulent securities the the broker dealers the derivative traders you're going after the whole spectrum of fraud is that not correct this is. all people who are defined as it's large in to fight business principle speculators from the greek government manipulation. suit against people but they are in it to fight his officers monitor said well fairly investment banks in the world the scam of the greek government crisis you can be from the greek government debt crisis that means investment banks case funds . for c.b.s. . naked so so there's still think about government bones and there is including there you can help them. with. their submissio

back to the kaiser report i'm max kaiser time now to go to athens greece and talk with doctors care out goes toward brass who is suing goldman sachs j.p. morgan and others for their role in the financial assassination of greece dr tubb ross welcome to the kaiser report i must tell you dr bras you are stealing not only j.p. morgan ing goldman sachs but you're suing the entire financial kit and caboodle even the intermediaries that deal with these fraudulent securities the broker dealers the derivative traders you're going after the whole spectrum of fraud is that not correct and this is so sweet to get. people. to find a sword in the fight is responsible speculators from the greek government manipulation. this is straight against people but they are and if i had this open system i was as i said we're fairly investment banks in the world the scum of the greek government prices are going to come to government debt crisis that means investment banks hedge funds traders or for c.d.'s. make it so so they're so big about government banks and they are so it is including they think other c.e.o.'

catherine those are about r t athens greece to brussels now where you for administers are offering the pressure on key countries the syrian president bashar al assad's assets have been a frozen and he's now back from entering territory it was in response to the violent crackdown on anti-government protests last week a flavel granted asset freeze and thirteen other senior syrian officials meanwhile the boss also taking action against iran over a hundred more people and companies were added to a list of those affected by e.u. sanctions. these measures are designed to force tehran to a bad did its controversial atomic program. and also mention national stories in brief for you this hour the taliban have rejected the media reports that its leader mullah mohammad omar has been killed in pakistan earlier a private afghan news try to claim the spiritual leader had been gunned down on the way from the city of quetta to the volatile region of north waziristan over the weekend however there's been no official confirmation of his death the f.b.i. has been hunting for mullah omar for nearly a deca

which some say now threaten the entire unity of the european union itself catherine those are r t athens greece. well some international stories in brief for you this hour the taliban have rejected media reports that its leader mohamed killed in pakistan earlier profit after an east china in the spiritual leader was gunned down ten however there's been no official confirmation of his that. has been hunting for any and he's believed to have sheltered a solid and quite limited since in the years prior to the september eleventh attacks. saying in the same region gunmen had attacked one of pakistan's most heavily guarded luton facilities and since you ranchi killing at least eleven people all around incidents remain holed up in some of them they have or have rights ours are a student of guns and grenades but they are not assault also destroy to us supplied surveillance aircraft and no one has claimed responsibility but suspicion is pointing towards the taliban to avenge the recent killing of a sort of a bubble. pride in the back of the us new england gulf arab states to end violence a political cri

and i'll go back to the kaiser report i'm max kaiser found out to go to athens greece and talk with a doctor to care out goes told brass who is doing goldman sachs j.p. morgan and others for their role in the financial assassination of greece dr tubb ross welcome to the kaiser report i must tell you that for grosse you are stealing not only j.p. morgan ing goldman sachs but here's stilling the entire financial kit and caboodle even the intermediaries that deal with these fraudulent securities the the broker dealers the derivative traders you're going after the whole spectrum of fraud is that not correct and this is how. people. defined as it so identify it is the best possible it's pixilated only big government manipulation. listed against people but they aren't it to fight this office managers agenda or failure investment banks in the world the scum of the great government. right so he could be from the government debt crisis that means investment banks here sponsored traders or for c.d.'s. naked so so they're sort of big about government bones and they all saw this including their r

some say now threaten the entire unity of the european union itself catherine is or about r t athens greece. russia's top search engine young decks is about to be listed on the nasdaq in new york some experts believe the company's i.p.o. will outperform last year's debut of another russia the web giant melgar argue for more let's cross live the you're at the business desk hi there you are so what's the address for sentiment ahead of the upcoming i.p.o. well tested to put it mildly investor sentiment is fairly upbeat ahead of tonight's count existing which is which are some estimates ten times of the subscriber for anyone who doesn't know what. they are russian version of google so if you yandex that you'll find out that it's absolutely the same as google but everything is in russian girls with no one to get it's consistently beats google in its home market so again it's the rise up to one point three billion dollars prices but prices jers at the top of their range at about twenty twenty five dollars but that it's. highly likely if that happens that's going to be the biggest i.p.o. by an int

lines which some say now threaten the entire unity of the european union itself catherine r t athens greece well the view that greece should quit the eurozone is echoed by some european countries with politicians say the move would be beneficial for both the rest of the block. i think that the euro must limit its members it's unavoidable that those members those countries who cannot and who won't reform into the same economical life that we see in germany that we see in finland in netherlands and other i like countries they simply don't belong because they will never have the economical challenges or requirements which are necessary in order to maintain or to keep up the speed with the with the german economy and therefore if they maintain the euro they will constantly they would permanently be behind and therefore be depending on money from other countries tax payers obviously that's crisis on satisfactory for these even these are countries that are receiving the money but especially of course for those countries whose taxpayers are paying the bill so there's only one way if you want to re

athens greece. if you're a web site r.t. dot com you can read it greece is far from being the only troubled european economy splaying may follow suit the soaring unemployment harshest arithmetics trick of mass protests all over the country come over the online tonight also on a lighter note if you're a car file you love this classic american paul vegas and soviet era volga have been cruising the streets of moscow in a drive a nice whether it's to find out where these antique automobiles are heading what it was all about. putin's office says the allegations of the former chief of the international monetary fund against russia's prime minister are ridiculous but only strauss karmas reportedly accused putin of being part of a plot to have him fired from his post the british daily mail newspaper explained that before his arrest of sexual abuse charges strokes can voiced concern the city could victim to a conspiracy in an interview with a french t.v. channel a colleague of strauss carnes said the chief told him that russia and fr

extreme sports now with out of john synching costs admitted a strong cliff diving performance in athens greece but on his native finishing second june the third leg of the cliff diving world championships and remains one of the main contenders for the title he bonds of course he was the action force. the race for the twenty eleven cliff diving title is wide open and the season could still take plenty of twists and turns with a full summer of action ahead the third stop on the calendar so competitors travel to the historic sporty city of athens considered the cradle of modern competition nine time world champion orlando dk however can only watch a broken ankle means he's out for the season that leaves reigning champion garry hunt to defend his title russian silken column on the top contenders for that crown plenty of determined athletes but only the top six would qualify for the final after three rounds run in the sun for over nine thousand spectators and plenty of chills and thrill for the competitors. using a safer strategy executing a dive medium difficulty in the final flawless execution of

the sale reflects the scale of the challenges facing greece. athens is now having to pay a massive 16.7% yield on its 10- year bonds. the short-term borrowing costs have also risen. they will be forced to default on loan payments. they have been weighing on shares in europe, these are the market numbers. 72-66. similar koses -- losses. a partnership gone bust says that he has to pay a french company 648 million euros. an international court ruled that it did not live up to its contractual obligations when it pulled up of a joint venture to build nuclear power plants. >> decided to work with a russian competitor instead. experts believe that it will rethink its plan to get more reactors after the nuclear crisis in japan. china is threatening to levy a tax in response to a carbon tax. chinese carriers will have to pay until next year. i will face around 80 million year as in the cost of certificates. the chinese government contends the european union is violating international law. it could be the beginning of a trend, the head of the tiremaker associat

crowds of greece have show that they won't take cuts quietly as fifteen thousand descended on the parliament building in athens heavily indebted greece is struggling to meet the terms of its massive power with creditors like germany demanding more cuts in the beleaguered country economists alexander go explain to us here and see whether this could be the beginning of the end for the eurozone club. the chances that greece exit the eurozone announcing by the day there are two ways out just be very frank about this so the first way out is the way out where you go down the way say where greece is we can't take the austerity measures we've something's got to give and we're going to default on our debt and leave the euro area if not the only other solution is be extreme to about the. european countries agree to bailouts. indefinitely each and every country which has got problems is in fact in effect a fiscal year year and for that we need a lot what do we need where we need the country from northern europe to say we accept to pay for us of the neighbors that however appear to be extremely unlikely so i think that th

pull themselves out of their dire financial situation chancellor angela merkel rounded on greece on the athens reduce workers' vacations said countries like greece and unfortunately in spain which could be next to no for bail out need to increase their retirement age to better germany's news one credit at the moment and mr author michael ross says bailing out countries shouldn't be done on any circumstances we are living in a so called capitalism but this is ridiculous because the capitalism doesn't work anymore everything everywhere every country is being bailed odds are all we have something. banks socialism because as they're told us tell us i don't do it and there's no other choice if we let it go greece or portugal bankrupt and in a capitalistic system this is normally a normal procedure then the banks will suffer and the banks will go bankrupt and as a matter of fact here in germany and not on in germany specially also in france the brains are full of it and some people all you say that maybe the politicians have been elect mailed by the financial community in order to give the money off

pull themselves out of the guy financial situation transferred a number called grounded on greece demanding athens reduced workers' vacations should save something and will help countries like greece spain which will increase the retirement age to that of germany's lose its economic analyst and author. since our country is not something that should be done. we are living in a so-called capitalism now this is ridiculous because the capitalism doesn't work anymore everything and everyone every country is being bailed out so we have something like a bank socialism because there told us tell us i don't do it and there's no other choice if we let it go all greece bankrupt or portugal bankrupt and in a capitalistic system this is normally a normal procedure then the banks will suffer and the banks will go bankrupt and as a matter of fact here in germany and not only in germany there specially also in france the banks are full of greece there and some people already you say that maybe the politicians have been blackmailed by the financial community in order to give the money off the taxpayer to make the

greece. the 17-member eurozone will not be looking beyond austerity to debt restructuring for athens. ure is mounting on greece to sell-off national assets. >> we will have to look at measures that do not just a way on taxpayers, but once a draw in the private sector as well. >> that would see private investors for going some other money, but it is a move that could put the euro under pressure. for the moment, there appears to be lile pressure on christina to show her cards. >> from the meeting, we spoke to our correspondent in brussels. i asked him what the main points of the post-meeting press conference where. >> well, two main points. the first is that there is rising frustration in a number of capitals with greece. it has to deliver on its pledge of a privatization. european countries are going to want to see a t me offer from greece. the second point was a point you referred to. there's now a growing consensus that some sort of soft restructuring of greek debt is on the cards. crucially, that would involve the private sector, but also crucially, it would be voluntary. some intere

rundown greece demanding athens misuse workers' vacations and some said countries like france and spain which could be next in line for you to increase their retirement age to that of germany's main relative. so i think analyst and author michael ross says bailing out the shouldn't be done under any circumstance. we are living in a so-called capitalism but this is ridiculous because the capitalism doesn't work anymore everything in every country is being bailed out so we have something local banks socialism because they're told us tell us i don't do it there's no other choice if we let go all greece bankrupt or portugal bankrupt and in a capitalistic system this is normally a normal procedure then the banks will suffer and the banks will go bankrupt and as a matter of fact here in germany and not only in germany specially also in france the banks are full of debt and some people already you say that maybe the politicians have been blackmailed by the financial community in order to give the money of the taxpayer to make the banks of life coming up later that's keyser delves into the shor

. >> with no end to greece's debt woes, students in athens are becoming increasingly concerned about the future. at the economic forum in brussels, experts admitted for the first time that raese may have to restructure its debt. -- that greece may have to restructure its debt. >> if they do not get back on course and run in line with the original plans a time soon, i do not think we can wait until 2013 to act like many in politics are thinking. >> and europe's political leaders are slowly coming around to the idea. crescive stability cannot be confirmed, -- >> if stability cannot be confirmed, private sector involvement will become compulsory. >> it could have serious consequences for the european banking system. >> there has not been any sort of restructuring in advanced economies since at least world war ii. and the consequences can be even more negative than in other cases. >> whatever they decide, the future is looking increasingly bleak for greece's use. >> restructuring raese'-- rest't is -- restructuring greece's debt is becoming more concerning. >> this is one of several count

in the greece's debt is climbing fast the e.u. takes a hard line on athens deepening the schism between the nation and you. this is r.t. very good evening for me kevin no it's eleven pm here in moscow and our top story political unity among all palestinians is needed to achieve peace with israel and create an independent state russia's foreign minister a voice that very very well may conflict as the two main palestinian parties came closer together at a meeting here in moscow and coming palestinian minister collections were also on the agenda of course but an ego person off screen following a tux. since hamas and fatah were able to set their differences aside after years of animosity they've now decided to form a joint government you've been saying. for russia support and over the weekend their representatives have been meeting with russian diplomats and now be matched with the foreign minister himself and so you know i've often said that russia is an active member of both the u.n. security council and the middle east quartet which also includes the united s

greece. there are rumors the european union is preparing a package for athens. those reports have been denied. tax revenues have plummeted in greece as austerity measures take hold. the economy is suffering. criticism is mounting after a meeting of select finance ministers to discuss the greek debt situation. >> what happened last week and will lead to the opposite of what is needed. the increasing sense of panic will not bring stability to the eurozone. >> efforts to find a solution are increasingly unsettling the financial markets. >> china has reported its big trade -- its biggest trade surplus in months after a trade deficit in the first quarter. it surged by about 8 billion euros, fight -- far higher than expected. beijing has pledged to make it easier for companies to win chinese government contracts. this addresses the longstanding complaint of foreign corporations seeking a piece of the chinese market. u.s. treasury secretary tim geithner said he saw the direction as promising. the european union plans to reform its system, allowing the economically weake

the tensions between athens and the e.u. growing more greece's lack of long needed economic reforms and lots growing weary of being weighed down by the country's huge national deficit. wildfires in russia have wiped out why this is much worse this new year's compared to last people are bracing themselves for another potentially choking summer and. the works of italian celebrity photographer francesco cards are adorning the streets of moscow until july all gone too far to dot com to watch a full interview with the artists. of bring us up to date here in our back was the top story shortly but before that we'll take a look at what's happening in the world of business with katrina. hello and welcome to the book the business person with the internet economy in russia could more than double in the next four years boston consulting group says it will grow from the current one point six percent to three point seven percent of g.d.p. but the groups of vladislav the tank says there are still a number of fat because limiting the development. the good news i

can do so at our website that's all they will find such i think tensions are between athens on the e.u. growth over greece is a lack of a long new economic reforms sproing weary of being away down by the country's huge national deficit. and mollifies here in russia have wiped out twice as much force compared to the same time last year and people are bracing themselves for another potentially choking of summer and also. looking back in time of the man who might have pulled the wrong we remember one of russia's most celebrated lives nobel prize winner joseph he would have been some he won today read more about his life and of course his for online at c.n.n. dot com. right now it's time for the business news with katrina. hello and thanks for joining us artie's business today russia's steel production grew six point six percent year on year this first quarter to almost twenty three million tonnes are still young suggest production should pass pre-crisis levels here boosted by the manufacturing and energy sectors to discount the report's findings i'm now joined by anson young's knockabout delap michael thank

check out more of the stories we're covering at our web site such as tensions leave athens and the e.u. grow over greece's lack of long awaited anomic reforms of last growing weary of the boy down by the country's huge national debts. in wildfires in russia have wiped out twice as much for us this year is compared to last people are bracing themselves for another potentially truckin summer and. for worse of italian celebrity photographer francesco card's e-r. warning the streets of moscow until the middle of july. to watch the interview with the artist. and time now for a business update with katrina in just a few. i was around well welcome to our seas business policy the internet economy in russia could more than double in the next four years boston consulting group says it will grow from the current one point six percent to three point seven percent of g.d.p. but the group's vladislav the tanker says there are still more still a number of factors limiting the development. the good news is one point six percent correct just for the oil and gas composite which is a very substantial russia and will become

turns up the heat on greece for not doing enough to stop tracking down the buna athens that's just bad timing it's pushing itself its limits is that greece playing a turn out of the euro together. the next he speaks with russia's justice minister on the can of all of he says the country's court system has made major breakthroughs in the last twenty years but still needs to undergo dramatic changes . thanks i'm going to all of russia's justice minister thank you very much for being with us. well it is generally accepted that reforming the legal system in russia would save billions over walls for russian economy and you're the man in charge for saving the cash do you feel pressure throughout the whole of the law or developing instruments of law and or institutions of more is a very good investment because it would seem once upon a time at the moment that there is no such a great necessity to use their own little boys to really use the legal aid to discuss older aspects older of the transaction for example or your are probably heavier with a lawyer or with a big little for your behavior s

take from the greek people we just came back from athens i played to a standing room only house once again with the hang the bankers who are people in greece still think that there is some logic behind their financial right for their country they don't understand us just requests so the quote from klaus regling is

turns up the heat on greece for not doing enough to stop the tracking down in europe but athens lashes back claiming it's already pushing itself to the limit is there greece weighing them down to them together. but next a special report on the pope's life. a country where some take pride in their wine. french wines are the world's best but most of those warnings are not much different from down. others have to select kidneys to support the families needed more like now because of the money my health is gone in the first year of independence the country went through a civil war. nobody believed a war was possible at the end of the twentieth century moldova could have yet to come another former soviet republic to experience the color revolution. what will be the outcome of the protracted crisis in the country what future course will it choose for itself many inside and outside moldova are eager to know the answer to those questions. i. think for the seventh two thousand and nine central question now the capital of moldova several young people made their way to the rooftop of the presiden

turns up the heat on greece for not doing enough to stop cracking down near it or athens or lashes that it's really pushing itself to the limits there are fears that greece may opt out of the euro together. that's all for me with a star so there will bring you all it is world news in just under half an hour's time but first a special report on post soviet life and moved over next to nothing. a country where some take pride in our wine. french wines are the world's best but most of the warnings are not much different from down. others have to select kidneys to support the families but i need good morning now because of the money my health is going on in the first year of independence the country went through a civil war. nobody believes a war was possible at the end of the twentieth century moldova could have yet to come another former soviet republic to experience the color revolution. what will be the outcome of the contract and crisis in the country what future course will it choose for itself many inside and outside moldova are eager to know the answer to those questions. i. think fo

greece has been downgraded. >> they may need more time and more money in order to deal with the debt crisis. it is not enough. athens wants to revise the terms of the bailout deal. a major rating agency has cut the credit rating of greece. shares fell across europe on the news. >> after the eu finance ministers met secretly to discuss the greed debt crisis, there is growing speculation about a second bailout package for athens. the eu is looking to extend the payment schedules and lower interest rates on its rescue package. there is also talk of restructuring greek debt. that would be bad news for creditors, who would have to write off much of their loans. for now, they are willing out an exit from the green zone. >> we have been talking worst- case scenario in greece were to leave the euro. i think there should be an attempt to solve the problem in an orderly fashion. we need to get on top of the situation in greece. its debt needs to be restructured, and if that is done in a coordinated way, the whole thing can be wrapped up with limited damage. it increased decides ultimately to leave the euro, which is free to d

issues greece a fresh ultimatum saying athens needs to step up economic reforms as it's failing to meet a bailout publications. and officials are leaving a moscow dolphinarium to sink or swim a lack of money in the crumbling infrastructure mean it's able to children will lose out on a unique treatment more about everything else that party dot com. the russian authorities are stepping up the war on drugs in the country but for some the speed of progress just isn't fast enough now activists are taking the fight into their own hands but their actions are falling foul of the law. for national reports. it said all is fair in love and war and perhaps even more say in the war on drugs drugs that killed two point five million people every year across the globe and almost two hundred fifty men women and youngsters every day in russia alone some are fighting their own controversial battle against a threat payson as customers they arrange to meet alleged drug dealers and once they have satisfied this suspect is a drug pusher they serve them a black mark and leave them red faced. people have to kno

issues in greece a pressure ultimatum saying athens needs to stop talking economics reforms as it is a bailing to meet a bailout obligations. and officials are leaving a moscow dolphinarium to sink or swim block of money and probably infrastructure this able children will lose out on a unique treatment always and more of our team doctor. moscow court has reduced the prison sentence of ex or oil tycoon mikhail khodorkovsky from fourteen to thirteen years without softer the former you cos had appealed his conviction for stealing billions of dollars worth of oil laundering the proceeds are going over cuba has the. court has ruled. before we will have to remain in jail until two thousand and sixteen together with his ex business partner. that means five more years of prison for both of them he was arrested back in two thousand and three and since then they were convicted twice the last hearing of their case took place and then due to last year and that then the verdict was for both of them to remain in jail until two thousand and seventeen however they've appealed and the court has to re

turns up the heat on greece for not doing enough to stop dragging down the euro after athens rations that claim it's already pushing itself to the limit there are fears that greece may all turn out of the room together. for next week's with the russians and justice minister. says the country's court system has made major breakthroughs in the last twenty years still needs to undergo fanatic changes. thanks i'm going to all russia's justice minister thank you very much for being with us here well it is generally accepted that reforming the legal system in russia would save billions of rubles for russian economy you're the man in charge for saving the cash do you feel pressure throughout the whole of the law and develop and instruments of law under institutions so that more is a very good investment because it could seem once upon a time at the moment that there is no such a great necessity to use their legal advice through the use of the legal aid to older aspects sold there of the transaction for example or your. probably with a lawyer or would have been too little for your for your be

issues in greece are fresh ultimatum saying athens needs to step our economic reforms as it's failing to meet its belt obligations. and officials are leaving a moscow dolphinarium to sink or swim for lack of money and a crumbling infrastructure mean disabled children will lose out on a unique form of treatment more that r.t. . well in georgia the opposition is determined to carry on with the rallies aimed at overthrowing president saakashvili thousands have been massing on the streets of tbilisi for several days urging the leader to step down they're pushing for early elections to stop what they say is a quote criminal regime leading the country into disaster police attempted a comes out on the demonstrations using rubber bullets and tear gas protesters fear that saakashvili may use all means possible to stay at the top of the opposition as stressed as if they will continue their fight. russian authorities are stepping up the war on drugs in the country but for some the speed of progress just isn't enough now vigilante activists are taking the fight into their own hands but their acti

and across the southern end of the balkans, greece, albania, looking at thunderstorms, across turkey as well. rainy day in athens. today, 22 degrees. 21 in rome, cloudy skies. sunshine in vienna. nice and warm in kiev as well. here's your extended forecast now. >>> the emperrer and empress have attended a charity concert in tokyo in support of people who survived the march 11th earthquake and tsunami. the imperial couple waved as the audience applauded them when they arrived at the concert hall on wednesday night. ♪ about 40 musicians performed on the theme of rebirth. at the end of the event, the musicians sang a 1960s hit song. the title of the song translates as looking up at the stars in the sky. ♪ the event organizer says proceeds from the concert will be donated to the disaster areas through the japanese red cross society. >>> that's all for this edition of "newsline." i'm catherine kobayashi in tokyo. do stay with us. we'll be back with more.