the top story in business russia's two main bourses a ready to work its part of the government's efforts to improve russia's financial infrastructure and transform moscow and so a global financial center joins me for more on that our visit but. it's three pm in moscow this is our g coming to you live i mean he's in our way with our top story and a new round of violence has broken out in greece where protesters have been trying to prevent m.p.'s from entering parliament thousands of people are on the streets of athens venting their fury over proposed budget cuts which are to be voted on shortly wife pictures from athens you can see here protester stories from tons of garbage you can see in the streets we spoke to this being a consumer who was there in central athens she's from the country's civil servants trade union and is outside the parliament building and says no one should underestimate the strength and feeling among the greek people. we will continue their most draping and deal our government gets the measures end though tony our government can be the whole european union government

to be a technically reliable platform which will make it easier for investors to access the merge bourse will have more influence over making decisions making the market more comfortable for international investors. but the critics say that one x. aims could lead someone locally which could affect the cost of doing business in russia they say that less competition could mean less and that they should at the same time other experts say that this is the only way in helping the government and the sadness in moscow as a global financial center while the bourse which doesn't have a name yet is expected to be up and running by the end of this year and i.p.o. is planned for twenty thirteen worth about one billion dollars. the markets now european markets are up falling greece's approval for. banking shares were posting strong gains commerzbank one of the top gain is one of three percent now german trading. one of the top gives a mention on the dax barclay's is also gaining around four percent in london as our miners rally continues on the us markets on the optimism about the reduced risk of gre

so you know one of us new bourse start working. all the paperwork might have been signed today but that super forces still need to get approval from the government and the shareholders and that's expected to happen in all days but we've been told to marry that in september the managers of both forces were to start working together as a team to come up with a plan for the near future now that combined value of the bourses this flu point eight billion dollars and i.p.o. is planned for twenty thirteen now russia obviously has big plans for this merger they hope that it will boost liquidity on the market and create as solid centralized and unified infrastructure which will attract more foreign investors but of course there are financial experts who say that this could lead to a monopoly bush could affect the cost of doing business here they say that less competition means less innovation but there are other experts who say that this could go at a long way in helping the government's plans in establishing moscow as a global financial ce

to be a technically reliable platform which will make it easier for investors to access the merge bourse will have more influence over making decisions making the market more comfortable for international investors. but critics say that one exchange could lead someone locally which could affect the cost of doing business in russia they say that less competition could mean less and that they should at the same time other experts say that this could go a long way in helping the government in the stagnation moscow as a global financial center while the bourse which doesn't have a name yet is expected to be up and running by the end of this year and i.p.o. is planned for twenty thirteen worth about one billion dollars. a year russian markets are performing right now. gaining almost one percent my sex one third of a percent if we look at the docks. specifically energy majors among the main games as will rebound from a four month low. point six percent nacho is seeing a lot of selling the stock is at its lowest in more than a month and that's despite the company almost more drupal in its net p

leader in the grenada movement where she had been in the budget crisis and have bravely spoken at the bourse supervisors. she has advocated for sense of participation and funding to be restored to our city's quality youth programs. [applause] [applause] roblin bonner, 18, is an outspoken member of the youth leadership. roblin graduated from downtown high where she was a passionate role model and advocated for youth to be more engaged in the political process. [applause] [applause] -- 17, pawlenty first single occupancy sro in the chinatown development center. he also wrote a grant proposal to create a bilingual fire safety and emergency preparedness curriculum along with emergency kits for each participating sro unit. [applause] [applause] valerie clinker is a voice of community change in front and behind the camera. she was a guest youth analyst at the third anniversary women's pioneer awards ceremony and presented gina davis with the woman pioneer award. she was also named valedictorian of the changing program. [applause] last but not least, a nasalee, 18, spearheaded the 16th street bart

say they will reveal their new manager in the next few days with porto's talismanic coach andre vs bourse the strong favorites there is a twenty one million dollars buyout clause in the portuguese his current contract and is growing speculation chelsea are a bank to pay the cash to release the thirty three year old however porto say they have yet to receive an offer from chelsea. won the treble last year taking the domestic league title and cup and europa league crown former russian coach guus hiddink has also been linked to the chelsea job it's been vacant since the sacking of carlo and she lost the last month. elsewhere new manager has been officially presented in another top flight english club but alex mcleish is unlikely to be totally relaxed in the role at least at the beginning of his reign and asked him there are arriving from arch rivals in city the move has enraged fans from both sides however the fifty two year old scott does seem to be faced. as long as it doesn't control. you know i can understand people's feelings. nor have i had it before yes. come out of it stronger yes su

trainer but without revealing his name village enough takes up the national role after leading a bourse to three russian titles in seven years is the country's most successful club coach before its off like crowns to his name he also managed russia for eleven months six years ago and has received a warm welcome back. to. the show before. i think of. now former world number one tennis player and grand slam champion you get a cough a nickel has been crowned russia's gold champion at the national championship in the moscow region. of reports on the story of one man or troy ounce into different sports. the twenty national tournament may go down in history as one of the most interesting so far in the woodlands of damp there was a live first ever hole in one of my money on the second day but there was no surprise in the overall competition where my dear china is still the biggest name in russia the twenty five year old germany did on the greens from the very beginning showing still equally however the first russian to achieve full time membership on the leeds european tour did give her oppone

diversity of voices in television polluting public television we have far too many establishment bourses elite voices the voices of the lead journalists to lead experts we don't have enough the worst. does it come outside from outside of a sense of the consensus be a real change ideas come from the margins and and press all of us to reconsider our conventional wisdom and what i was saying is we need fewer voices of corporate representatives move forces of working people we need fewer abortions of elite journalism and move forces of citizen journalists and if that's liberal then i plead guilty because that means we're open to diversity of opinion conflicts of the is and to the great plurality of the pope in the public that's what i mean by that but. there are many economists for example talk with james k. god with two weeks ago on this program who was interviewed in your new book who are prince has a mistake about the economic future of this country because the fundamentals the economic fundamentals haven't shifted back to where they were before the reagan revolution if you agree with tha

tell how many people are involved we have the three men brothers and their own call he's a criminal bourse and could easily be the mastermind of the murder but relatives especially chechens are unlikely to testify against one. opponent calls i am murder isn't the only high profile case to see recent breakthrough journalists need or beyond of the things that this arrest along with the conviction of the killers of freelance journalist and a star see above board of a and human rights lawyer stanislav michael of children these type of murders to get solved in today's russia this is definitely a landmark victory in the fides against impunity and journalist murders not destroyed but also human rights defenders lawyers. and to see that as there is thinking if i can step forwards rostam mahmood of currently in moscow where his lawyers are preparing his defense while for the family and friends of. their long wait for justice continues this role of r.t. moscow. terrorists are using blackmail to recruit people and secondly against governments that's what the head of russia's republic of english in th

tell how many people are involved we have three more of brothers and their own call he's a criminal bourse and could easily be the mastermind of the murder could really civs especially chechens are unlikely to testify against one of. the politkovskaya murder isn't the only high profile case to see a recent breakthrough journalist and you know again of the things that. along with the conviction of the killers of freelance journalist i understand see a billboard for that human rights lawyer stanislav mark a lot of shows these type of murders do get solved in today's russia this is definitely a landmark victory into fights against impunity in russian journalist murders not just journalists but also through rights defenders lawyers. and we see that as a very significant step for the mood of currently in moscow where his lawyers are preparing his defense while for the family and friends about a quarter. long wait for justice continues these are all over the moscow. they greeted like true heroes were fun fact chairs and the hope of a new beginning but for thousands of u.s. troops coming home fro

many people are involved we have the three mood of brothers and their own called he's a criminal bourse and could easily be the mastermind of the murder but relatives especially chechens are unlikely to testify against one another pollack of sky and murder isn't the only high profile case to see a recent breakthrough journalist nino gian of the things that. this arrest along with the conviction of the killers of freelance journalist understand the border and human rights lawyer stanislav mark a lot of children these type of murders do get solved in today's russia this is definitely a landmark victory in the fight against impunity and journalist murders not just journalists but also the rights defender lawyers. and to see that there is significant step for. mood of currently in moscow where his lawyers are preparing his defense while for the family and friends of. their long wait for justice continues. r.t. . to poland now where a military court has cleared seven nato soldiers of killing civilians in an attack on an afghan village four years ago a panel ruled the evidence was not suffici

artistic side of history we don't want actually there are sort of flags to be burned in damascus the bourse to be friendly see cleared off that are shown a flux and this is why there are government has to understand this message actually this is why we came here for four thing starts for the russian officials first of all that we have a shared invitations why then mr maher get off and other russian officials and this is actually it's a good beginning to have a channel with this year and i wish and and they we we need to emphasize about the historical relationship between syria and russia syria has a large community in russia and russia has a large community in them are in in syria and this is kind of relationship we need to steer and we it has to continue because actually this is the build the relationship between a lot of tunisians then the second issue are actually will and that is the concern any any regime after i said i after i said hours after the fall off i said the regime actually will continue or that with their foreign body see toward toward russia russia it's actually a powerful

steeples as for chinese banks post hong kong and shanghai indexes sharply lower while other major asian bourses point in a mostly blockbuster for months our lines are suffering from high crude prices with their china down around four percent worries about u.s. economic growth going on japanese shares technology companies are especially hard hit a strong yen is pushing where exporters sony and sociable are both in the us. and europe stock markets open slightly higher markets are waiting for the european central bank to announce a possible rate increase for the eurozone could see is gaining point three percent and the german dax is up is out point four percent if you have the qualities that losing my point seven percent and cryptic drop two point four percent copper profile downgrades. here in russia markets have reversed early against the r.t.s. is up just a notch of the my six is down point one percent let's look at some individual shrapnel from isaac's all majors are among the main gate is on stronger crude prices. is up point four percent this hour carmakers saunders is also in the black it h

and our top story in business rushes to main bourses are ready to merge it's part of the government's efforts to improve russia's financial infrastructure and transform our current flow global financial center join me for more details in our business bulletin in twenty minutes from now. world news and much more twenty four hours a day good to have you with us today budget cuts or bankruptcy a tough choice for the greek parliament which is facing a crucial austerity vote european leaders have already warned athens there are no other options the testers are already flocking to the parliament thousands of them are again venting their fury over the planned measures but at least forty six people were injured as violent clashes and strikes paralyze the country on the eve of the vote hundreds of thousands were on the streets with police using tear gas the spurs them in eighteen arrests made the e.u. is demanding twenty eight billion euros worth of cuts before releasing yet more funds to greece journalists to demetri coffin a says being part of the new means we . living on the financial patie

american dream moneybag has denied it plans to close its bourses and russia newspaper reports suggested parent company general electric was getting out as a condition of a state bailout we have been announced anything and maybe those are numbers in the market but i mean we look at the portfolio of businesses throughout the world we look at what we're looking at in russia and for us in russia infrastructure business is a world where we're going to be focusing on the two g. money we're very happy with the bank we're very happy with its performance and we currently have no no plans to divest of it that's it for now germany forty five minutes for more business news here on r.t. . culture is that so much different it gives reason.

long way in helping the government in the stagnation moscow as a global financial center while the bourse which doesn't have a name yet is expected to be up and running by the end of this year and i.p.o. is planned for twenty thirteen worth about one billion dollars. look at the markets now and all eyes were on greece's approval for stairs the measures there forcing a rally in europe london is up one and a half percent plus the fourth c.e.o. banks were some of the biggest to go. it is the same thing on the dax commerce bank there being the biggest gator attacks again one point seven percent rally also continues on the u.s. third straight session grow on the optimism about the reduced risk of greece's default financials in the lead all serve bank of america up two percent on the down . and now the closing picture in russia where the r.t.s. gained one percent my sex half a percent financial also in the lead the z.b. gaining four percent their energy shares also feeling comfortable but machel was losing two and a half percent now the value of the stock is at its lowest in more than a month t

long way in helping the government in the stagnation moscow as a global financial center while the bourse which doesn't have a name yet it is expected to be up around him by the end of this year and i.p.o. is planned for twenty third scene worth about one billion dollars. the markets now european markets are up falling greece's approval for seriously measures banking shares are posting strong gains commerzbank all the top gain is one of three percent now german trading. one of the top gives a mention on the backs barclays is also gaining around four percent in london as online this rally continues on the us markets on the optimism about the reduced risk of greece's the four financials in the lead with bank of america three point two percent and also up reason of the situation here in russia as the closing picture for wednesday's trade of course is in the black r.t.s. one percent my six possible cents if we look at the main gainers then yet again banks are in the lead v.t. be there are more than four percent soros near energy shares also higher on the high crude one percent met shell actua

long way in helping the government in the stagnation moscow as a global financial center while the bourse which doesn't have a name yet is expected to be up along by the end of this year and i.p.o. is planned for thirteen worth about one billion dollars. to the markets in europe they are rallying following greece's approval for austerity measures. the controversial banking shares were posting the biggest gains. london that was barclays bank and in germany that's commerce bank the biggest gainers of the day if we move to the u.s. we see that there's a pretty similar picture although not such a high place and others are part of the nasdaq's point two percent that's after the optimism about the reduced risk of greece's the fourth and bank of america is also in the lead and financials are also leading the gains in russia where the r.t.s. games one percent my six half a percent on wednesday bank was the biggest gain up four percent energy shares were also feeling well with more snow fell one percent but metro was down to our percent despite reporting results which beat expectations as it saw i

to be a check if you will libel platform which will make it easier for investors to access emerge bourse will have more influence over law making decisions big in the market more comfortable for international investors. but critics say that one x. aims good leads to a monopoly which could affect the cost of doing business or russia they say that less competition could mean less innovation at the same time other experts say that this could go a long way in helping the government and the sadness in moscow as a global financial center for the force which doesn't have a name yet it is expected to be up and running by b. end of this year and i feel it's time for it's once you've heard seen worth about one billion dollars. look at the markets now and all eyes were on greece's approval for steroids the measures there for you seeing a rally in europe london is up one and a half percent that's the fourth c.e.o. banks were some of the biggest again is the same thing on the backs commerzbank there being the biggest gator attacks again welcome some percent rally also continues on the u.s. third stra

the company and his wife have separated although there couple is still not sure if they pulled the bourseurt yesterday he was charged with violating the custody agreement. a hearing will take place later on in the month. time now is 5:57 a.m. we'll have more on the kron 4 morning news weather and traffic.

we are prepared to do the bourse with our republican colleagues to bring about a real plan to control our deficit. we had a deficit before in the 1990's. we worked hard and brought the budget into balance. we know how to do it. you have to have a responsible party. when speaker boehner says that there is not the votes for any revenue, he is telling you that the republicans are not prepared to be serious about a credible plan to deal with the deficit. we will not accept that because the issues are too important. we will continue to work for a bipartisan agreement on the budget deficit. we will stand up and defend the principles that we think are critically important for america to be able to create jobs. >> [inaudible] >> we are not going to prejudge what is going to be brought forward. we certainly want to have a credible plan to deal with the federal deficit. we think that is very important for this country. our negotiations are aimed at an incredible plan to deal with the deficit. we also understand the debt ceiling. many of us understand the seriousness of this. i am confident that

we have got overseas bourses, as you know, both marines and navy in fairly significant number is in that part of the world, and that makes a difference in terms of stability. this goes back to what i said. if we get into this structure, in terms of the defense review and have to reduce our structure, in the long run, i think this will start to undermine stability in a place like that. >> thank you, mr. chairman. >> mr. secretary, last year, you transfer money to the department of energy to pay for a nuclear program, because as i understand, you are concerned about the neglect that had befallen us. how concerned are you that the house is considering appropriations legislation, that we would cut the program by almost 10% from what the president suggested, and what are the implications to failing to fund the modernization program? >> i am very concerned. if i recall, the actions taken by the house cut about $1 billion from this modernization program. this modernization program was very carefully worked out between ourselves and the department of energy, and, frankly, where we came out on th