bulgaria shelves it's a long held plans to adopt of the euro saying it is not ready to take part in the continuous bailouts and face and uncertain future with the struggling bloc. the u.k. is accused of safeguarding the riches of the ousted egyptian regime with the assets of some key figures in hosni mubarak's inner circle staying untouched despite international sanctions. and of the long arm of the copyright industry reaches all the way to cambodia with one of the founders of the pirate bay file sharing site now facing extradition to sweden. also two of the world's largest armies of those of india and china unveiled plans to work more closely leaving western countries on edge over the duo's growing we. live from moscow this is our team let's get right to your top stories one of the european union supporters member states bulgaria has shelved plans to join the euro zone its prime minister cited the continent's deteriorating financial climate and fears for the euro's future and the reasons behind it the single currency snub parties of brussels correspondent us are silly and has all the d

those countries and with that kind of a picture it's not entirely surprising that bulgaria made that decision in syria and the ongoing bloodshed is provoking a large scale humanitarian crisis the un says around one hundred thousand escaped the conflict last month the largest number so far most of the escapees are now in turkey but the authorities have closed the border to those with no passports as the camps swelled by more than eighty thousand people let's get more now from artie's very own paulo solu paulo what more can you tell us about the situation on the syria turkey border. well at least ten thousand syrian refugees for at least a week have been stuck on the syrian side of the syrian turkish border and this is because ankara is simply unable to process the growing numbers of people who are fleeing syria to turkey there are already eighty thousand syrian refugees inside turkey and who was afraid that these figures could swell to at least half a million now and has been complaining that the international community is not doing enough to help it and to this indeed it is calling f

spotted on the emu as the merry go round of euro zone meetings fails to offer up a solution all bulgaria else now has the single currency. a protest vote brewing in canada's french speaking the bad financial tough times have people increasingly opting for independence. and the u.s. is said to be only ratcheting up its threats against iran in a bid to delay a possible israeli strike against the country. hello and welcome to r.t. where we are all screen and online twenty four hours a day seven days a week while more bad news for the european union has ratings giant moody's slaps a negative outlook on the block with a possible downgrade looming it's meant to reflect the troubles of its main budget contributors including germany and france and less sit downs between e.u. leaders have so far failed to bring about any opening for change tuesday we'll see greece and portugal under scrutiny from their creditors as france and italy continue attempts to dig their way out of trouble meanwhile it's the european public bearing the brunt of the crisis another of spain's regions and illusia has run out

glad to have you with us one of the european union's poorest member states bulgaria has shelved plans to join the euro zone its prime minister cited the continent's deteriorating a financial climate and fears for the euro's future as the reasons behind the single currency snub artie's bussell correspondent has all the details. bulgaria is posing the latest blow to the embattled currency know it has put on hold its long held plans of joining the euro bloc and interesting we bulgaria in contrast to a lot of bigger economies has managed to reduce its budget deficit to two point one percent of its g.d.p. and that is safely within the three percent rule set by the e.u. a number consistently met mentioned by german chancellor angela merkel but now that they've actually qualified and all the rules they don't they want to put this on hold of the prime minister of bulgaria as well as the finance minister had both said that there are two main reasons for this one is the increasing of vulnerability and uncertainty of the future of the euro in the block it's clear it's been going on for a couple

your reports on why that is poorest member state decided to turn its back on the single currency bulgaria is posing the latest blow to the embattled currency now it has put on hold its long held plans of joining the euro bloc an interesting we bulgaria in contrast to a lot of bigger economies has managed to reduce its budget deficit to two point one percent of its g.d.p. and that is safely within the three percent rule set by the e.u. a number consistently met mentioned by german chancellor angela merkel but now that they've actually qualified that about all the rules they don't they want to back down and put this on hold of the prime minister of bulgaria as well as the finance minister had both said that there are two main reasons for this one is the increasing vulnerability and uncertainty of the future of the euro in the block it's clear it's been going on for a couple of years now and also the deteriorating economic conditions are still the clear way out. the crisis and secondly and i think importantly for the leaders of that country is the changing of public opinion in bulgaria peopl

as most economically vulnerable nation bulgaria joins a growing chorus against the u.s. and dumps its long held plans to adopted. two of the world's biggest armies over india and china and they will plan to work more closely in western countries on edge over the dros of growing influence in the pacific. and international clashes over cash the u.k. is accused of safeguarding the asses of the alst it's a gyptian regime the property of key figures in the hosni mubarak in a circle staying untouched despite international sanctions. and to the long arm of the copyright industry reaches all the way to cambodia for the future founder of higher base file sharing site now facing actual dish interests we then. twenty four hours a day seven days a week this is our t. ime to bum would say first the european union's poorest state bulgaria has shelf plans to join the euro zone that's prime minister side to the continent's deteriorating financial climate and fears for the u.s. future as the reasons behind the single currency snub are g.'s a brussels our correspondent has a serious joins

single currency setback of the use most economically vulnerable nation bulgaria joins a growing chorus against the euro and dump its long held plans to adopted. two of the world's biggest armies or as of india and china unveiled plans to work more closely maybe western countries on the edge over the do is growing influence in the asia pacific. and international clash over a cat the u.k. is accused of save god in the asses of the al sadr egyptian regime with the property of key figures in hosni mubarak is in a circle still untouched despite international sanctions. and the long arm of the copyright industry reaches all the way to cambodia with the fugitive founder of the pirate bay file sharing site now facing extradition to sweden. it's one am here in moscow you're watching r t with me to bang with same first the europeans unions poor poor is member state bulgaria has shelved plans to join the euro zone and the prime minister cited the continent's deteriorating financial climate and fears for the euro is future as the reasons behind the single currency snub artie's brussels corresponde

the citizens of credit euro zone countries are asking who else are going to be allowed and for bulgaria's point of view who are we going to be allowed once we join the euro and also the country has been through three years already it was measures cuts in pensions it wages and you know for the last year especially a stereo is almost a key word when discussing the eurozone or the euro and now bulgaria is not the only country it's just the latest in the string of countries lithuania last week the prime minister has said that it will only join the euro when quote unquote europe was ready and of course that is at this point very unclear when the state will be coming and also latvia has lost and boozy as it's changed its tone in terms of looking at the process of joining the euro now what this all underlies it goes back to the same point the vulnerabilities the weaknesses that we see in the euro and from the outsider's point of view this is what they see they see countries in trouble needing bailouts and you have creditor countries imposed on the people and you have angry and desperate citizens

bulgaria is on the list.o you change the perception in terms of the corruption issue among the business community, among the political community? >> 3 1/2 years ago, bulgaria hit some difficulties with the the european structure. they had been stopped for some of the big infrastructure all projec projects. now bulgaria only one of the three european countries which performs great and has no structure stopped. how this change happen? well, there was a very bold decision by the government to employ young people. now we have ministers, experts, 33 years old, 35 years old, as managers. they just focus on improving transparency and what we're doing on big infrastructure projects. and actually today the error rate of bulgaria running european structural funds fell dramatically down from 15% down to one of the best in europe. change is possible within 3 flf years and bulgaria is a good example of this. >> very good. president, thank you. >> i thank you, too. >> between luck at the united nations and all the meetings

read all the rules they don't they want to back down and put this on hold of the prime minister of bulgaria as well as the. finance minister had both said that there are two main reasons for this one is the increasing of vulnerability and uncertainty of the future of the euro in the bloc it's clear it's been going on for a couple of years now and also the deteriorating economic conditions are still the clear way out of the crisis and secondly and i think importantly for the leaders of that country is the changing of public opinion in bulgaria people there asking the very same questions that the citizens of creditor euro zone countries are asking who else are going to be allowed and for bulgaria's point of view who are we going to bail out once we join the euro and also the country has been through three years already it was staring measures cuts in pensions it wages and you know for the last year especially the term a stair it is almost a key word when discussing the eurozone or the euro and now bulgaria is not the only country it's just the latest in the string of countries lithuania last

on each one of the women's side for the world the boys and their advantage has made life worth of bulgaria spent down there put on cover while the fourteen time major winner sweden williams is the overwhelming favorite against unseeded and rare. fast rising and unique kerber of germany is up against french open finally start at learn the world number two admission of that round plays another italian for the better thing she. won sunday maria sharapova back to overcome fellow russian nadia but they're all to reach the quarter finals but they're over have to level the match one set all before taking a two love lead in the third but you're after the full back to reach match point and took the final set six four is the third this is thirty it is going to the u.s. open since winning it back in two thousand and six and when next play matty involved we beat this seed patrick bit of. restraint. you know when it's on the. more pressure so. concentrate on. you know be smart and mix it up or you know. the third. brother just a good plan. well elsewhere world number one victoria azarenka had a comfort

it's ironic because bulgaria has been acclaimed by many as a shining example of a country that did austerity right now it is if the giants will have to bail out countries that couldn't do it right like you said greece the in the mix of things is that amalgamated picture and how far will this go i mean how high is this going to shake up the e.u. right now well you know i mean notwithstanding the terrible crisis in the euro zone the truth is that the european union's glorious idea that they can pull everybody smartly together and go towards prosperity has been a fiasco because all of the people of the euro are being sucked towards poverty because of the fact that there has been transferred so much money to the profligate incompetent government that are on the southern side of the euro zone and truly the bulgarian government have made the only sensible decision. and they could which is why should they endanger the hard work the sacrifices of their citizens in order to pay money into basically off of the pit were tragically we've had to say there so many times over the last few years fire this m

while bulgaria welcomes westernization, traditional ways persist.s, we find a land steeped in history, from time-warp villages and donkey carts to fortified monasteries. [ children's choir singing ] high in the mountains 70 miles south of sofia, the rila monastery is the country's revered national treasure. it's a formidable fortress on the outside... a spiritual sanctuary on the inside. [ singing continues ] monasteries were built on remote and holy sights throughout bulgaria. dating from the 10th century, the rila monastery survives, but just barely. a handful of monks keep the flame alive. this 14th-century bell tower, the only part of the original monastery to survive a 19th-century fire, served as a final refuge during attacks. [ rhythmic clacking ] a drumming priest invites pilgrims, both orthodox and tourists, to the daily mass. through the country's medieval glory days, tsars made lavish gifts to rila, and for centuries, top artists made theircontributions. 19th-century frescoes show important portraits. here's saint ivan of rilski, who foun

the unions force member bulgaria sells its plans to join the common currency. but hundreds of thousands of syrian refugees displaced. he says its camps are completely full and want the un to set up a buffer zone the move could mean a potential military intervention into syria as the west used to call for the of saddam regime to be disposed. and separatists making the running as ak anomaly and social problems dominate regional elections and one of those mainly french speaking on the back of the voting is now underway and pro independence party cuba qual wins the province could face a referendum on breaking away from ottawa. by an incredible bond for the neat the lovely kate has all the latest with sports. hello and welcome to the latest for this tuesday in the final week of the football transfer window here in russia and these are the top stories. big deal league leaders in each find brazil strike a whole town belgian midfielder x. over it sold for one hundred million dollars in time to play in europe. while the first test coach fabio capello prepares for his fi

so far failed to provide solutions to the long lasting crisis that as the unions porus member of bulgaria shelves its plans to join the common occurrence in. hundreds of thousands of syrian refugees displaced turkey says its camps are completely full and wants the un to set up a couple first says united nations calls on the regime to allow aid into conflict areas saying many thousands have lost their homes. separatists may be running as economic and social problems dominate regional elections in term of those mainly french speaking in quebec both things about to start and a pro independence party wins the province could face a referendum on breaking away from ottawa. but the global economy showing a little sign of growth we asked the president of russia second largest bank about what he sees ahead for global finance. and requesting president a very to be a bank russia second largest bank it's really great to have you with us or today after so you've had it be to be for the last ten years and you've been there in two thousand and eight and you so everything when the financial crisis broke

so far failed to provide solution to the long lasting crisis that as a union's poor is member of bulgaria shelves its plans to join the common currency . and separatism make the running as economic and social problems dominate regional elections in kind of those mainly french speaking to back the voting is now under way and have pro independence but about qualms the province could face effort referendum on breaking away from ottawa. right with the global economy showing little sign of growth we also president of russia second largest bank about what he sees ahead for global finances. and requesting president a very to their bank precious second largest bank it's really great to have you with us today gotten so you've had it made to be for the last ten years and you've been there in two thousand and eight and you so everything when the financial crisis broke out now the global economy at this point is really not much better off i mean you have the eurozone crisis unemployment in the united states is still really high and when china is really had it for a hard landing if you compare things

far failed to provide solutions to the long lost in crisis that has the unions poor as member of bulgaria shelves they it's time to join the common currency. where the hundreds of thousands of syrian refugees displaced turkey says its camps are completely full and also you want to set up the buffaloes the move could mean a potential military intervention in syria as the west continues to call for the assad regime to be deposed. and separatists to make the running as the economic and social problems dominated regional elections in kind of the main french speaking you back voting is now underway and there is pro independence prodigy cuba while wins the province could face a referendum on breaking away from ottawa. for the global economy showing little sign of growth are we also president of russia's second largest bank about what he sees ahead folk label fine is this coming up. and requesting president a very severe bank precious second largest bank it's really great to have you with us today after so you've had it be to be for the last ten years and you've been there in two thousand and ei

single currency setback of the most economically vulnerable nation bulgaria joins a growing chorus against the euro and dumps its long held plans to adopt a. tour of the world's largest armies of those of india and china unveiled plans for more closely giving western countries on the edge over their growing influence in the pacific. and international clash over cash the u.k. is accused of safeguarding the essence of the us of injection regime with property of some key figures and hosni mubarak in a circle staying untouched despite international sanctions. and the long arm of the copyright industry reaches all the way to cambodia with one of the fugitive founders of the pirate bay files are inside now facing extradition to sweden. that's ten pm here in moscow you are live with us here on our good to see you now the european union's poorest aid to bulgaria has shelf plans should join the euro zone its prime minister cited the continent's deteriorating financial climate and fears for the u.s. future as the reasons behind the single currency snub patrick young of the investment consultancy dev

s most economically vulnerable nation bulgaria joins a growing chorus against the euro and dumps its long held plans to were dropped it . two of the world's largest armies those of india and china unveiled plans to work more closely leaving west some countries on edge over their growing influence in the pacific. and moscow threatens london with diplomatic repercussions if it concerns its move to bend dozens of russian officials from entering the u.k. over they alleged role in the magnitsky case but a top lawyer died in custody. but eight years ago terrorists took more than a thousand people hostage in a school in the sol the russian town of beslan has special report on that tragedy is coming up next. it's morning this guy is quietly quiet but suddenly i hear a sweet melody coming from the farm and mark is singing i think a bird's eye view of the people below is fascinating now they have turned on the light in one of the houses and three barefooted boys have emerged from another one i can hear a barking dog and crowing roosters sounds have filled the silence as for myself i keep flyin

and these are your headlines bulgaria shelves it's a long held plans to adopt the euro saying it is not ready to take part in the continuous bailouts and face an uncertain future with the struggling bloc. the u.k. is accused of safeguarding of the riches of the ousted egyptian regime and with the assets of some key figures in hosni mubarak's inner circle staying on top despite international sanctions. and the long arm of the copyright industry reaches all the way to cambodia with one of the founders of the pirate bay file sharing site now facing extradition to sweden. also two of the world's largest armies and those of india and china unveiled plans to work more closely leaving western countries on the edge over the duo's growing region of next three remember the tragedy in the north a city in town of beslan where the terrorist attack claimed over three hundred lives mostly children. it's morning this guy is quietly quiet but suddenly i hear a sweet maladie coming from the farm omar is singing i think a bird's eye view of the people below is fascinating now they have turned on the light

take a recap of our headlines single currency setback these most economically vulnerable nation bulgaria joins a growing chorus against the euro and dumbs its long held plans to adopt it. and international clash over cash in the u.k. is accused of save god in the us those of also dejection regime with the property of some key figures in hosni mubarak's in a circle staying untouched despite international sanctions. and to the long arm of the copyright industry reaches all the way to cambodia out with one of the fugitive founders of the pirate bay file sharing sites now facing extradition to sweden. and two of the world's largest on these are those of india and china unveiled plans to work more closely leaving was in countries on edge over their growing influence in the pacific. and these are the headlines for you but stay with us for a special report in which eight years on we remember the horrible tragedy of the north cole sation town of beslan where a terrorist attack on a school had claimed over three hundred lives that's time of little engines coming up. it's morning this guy is quiet

elsewhere twenty ten world cup finalists the netherlands host turkey four time winners italy are in bulgaria germany are overwhelming favorites at home to the fertile island and events are in moldova while france travel to. let's talk tennis for all four u.s. open men semifinalists are no no one thomas burdick joined by defending champion by chalk which on for on thursday joe which needing only three sets to san juan martin del potro packing the second seeded serve easily taking the opener six to me had to work much harder though in the second set edging it on a tie break before seeing the final set six games to i. accept the job which would be to get you to sort of it in an epic five set encounter with for four and a half hours with the fourth to see the spaniard claiming the first set six three he would lose the next two before storing back in the fourth a six three to force a decider for all to lumber about for one deficit in the final set and force a tie break when set. to go off for the european challenge tour begins its russian leg this week with the challenge cup being held just outsi

and has been, pretty stormy for places like serbia, as well as bulgaria. that is going to continue the eastward motion. showers moving up into northwestern russia to the north as well. you can see plenty of blue indicating, the rainfall across the british isles. coming into southern scandinavia, denmark and northern germany as well. for many of you it is going to be a pleasant thursday. 18 degrees in paris. 16 in vienna. 16 in berlin as well. stays very summery however, down towards the south. mediterranean has seen temperatures in the low 30s, that's athens. 29 for you in madrid. as well as lisbon. things are warming up here into the weekend. i'll leave you now with the extended forecast. ♪ ♪ >>> and that's all for now on this edition of "newsline." i'm yuko aotani in tokyo. we'll be back with more news at the top of the hour. so do join us then. thank you very much for watching. ♪

not one elsewhere twenty ten world cup finalists the netherlands host turkey four time winners in bulgaria germany their overwhelming favorites of course at home to the furrow islands england are in moldova big three of us there as well all fronts trouble. in tennis all four u.s. open men's semifinalists are no known tell us the murray joined by defending champion novak djokovic and dolphin for on thursday joke which needing only. three cents to send one matson del potro packing the second seeded serve easily taking the opener six to work much harder though in the second set on eight c. on the set so i. stuck with it which is down to be far better than epic five set in country the per on court for four and a half hours with the fourth seeded sponsored claiming the first set six three he would lose the next two before storming back in the fourth to force of the side or for showing his result to clamber back from a four one deficit in the final set and force a tie break which he would win seven. while the women semifinals feature three players who have already won a grand slam this year twen

single currency setback of the eaves most economically vulnerable nation bulgaria joins a growing chorus against the euro and dumps its long held plans to adopt it. and international clash over a catch the u.k. is accused of save god in the asses of the ousted egyptian regime with the property of some key figures in hosni mubarak's in a circle sting and touched despite international sanctions. and the long arm of the copyright industry reaches all the way to cambodia where one of the fugitive founders of the pirate bay file sharing side now facing extradition to sweden. two of the world's largest economies those of india and china unveiled plans to work more closely leaving western countries on edge over their growing influence in the pacific. and more on the rising asian wall is coming up in peter lavelle's at crosstalk. if you. follow in welcome to cross talk i'm peter lavelle forward to blot of our stock on the eve of the meeting of the asia pacific economic cooperation regional group to what degree is the global economy now centered in the east and south are we living in the pacific

from bulgaria this match lasting just seventy seven minutes. and finally russia have won two will go to the power lympics the lies that you've got one in the tree and two more chance of one in the table tennis to put the team fourth in the medals table there are another six days of competition to go but already they are being hailed as one of the best yet on many levels with more insight on costs or a. massive international sporting events always attract or ways of spectators and hence the world media the second part of the summer games however the paralympics have been less popular with viewers at home to say the least but that's before the london twenty twelve organizers managed to raise that bar and further bolster interest in this year's games paralympic games has been growing ever since one nine hundred sixty the beijing games are supposedly the best yet we've been working for seven years with the local care it's not just p.c.f. it has many partners involved in delivering hopefully the most successful paralympic games ever there's been gre

here's a recap of the headlines single currency setback the easels economically vulnerable nation bulgaria joins a growing chorus against the euro and dumps its long held plans to adopt it. and international clash over a catch the u.k. is accused of save god in the asses of the ousted egyptian regime with the property of some key figures in hosni mubarak's in a circle staying untouched despite international sanctions. and the lone mom of the copyright industry reaches all the way to cambodia with one of the fugitive founders of the pirate bay file sharing side now facing extradition to sweden. and show the world's largest armies those of india and china unveiled plans to work more closely live in western countries on edge over their growing influence in the pacific. thanks for being with us this morning stay with our d. to see peter lavelle and guests take each other on as they discuss the upcoming energy gathering in vladivostok on crosstalk. live. and. hello and welcome to cross talk i'm peter lavelle forward to blot of our stock on the eve of the meeting of the asia pacific economic coo

win in luxembourg well as a by john israel drew elsewhere it to me were held to a two two draw in bulgaria but france the netherlands england and germany all open their campaigns with victories. now in tennis maria sharapova his quest for a second grand slam win of two thousand and twelve is over she's been beaten by world number one victoria azarenka in three sets in the semifinals of the u.s. open the russian started brightly enough with an early break to lead three love in the opening set she eventually took six three the french open champion men broke in the early game the second set before her game started to misfire in particular leaving a lot to be desired as a banker picture up over in the final of the straight and open in january securing a three six six two six four when i. was three times serina williams in the final race after the american breeze passage in straight sets the six one six two victory was secured in just one hour and four minutes as the thirty year old looks for a quick. victory. now to boxing where the w.b.c. heavyweight champion of the world vitale klitschko put

italy the runners up in this year's european championships multitool kneeling group while bulgaria the narrative trait over armenia. around the world wins for cyprus norway and switzerland. and also racking up wins were bosnia there's a given year to the group. and greece also winners on tuesday night. so that's the full hour here in moscow russia's paralympians have met president vladimir putin after arriving home following their most successful ever games in london the grand kremlin palace provided the backdrop for the reception mr putin handed that state over to the athlete who brought home and i'm president a total of thirty six gold medals this hall was twice as big as that from the previous games in beijing and she cured second place in the overall standings behind china the upward trend bodes well for russia expectations are also high to deliver top on this winter games in sochi in two years' time and the goal winning football captain event prepare for more government backing in the future. if. i'd like to congratulate everyone here in our team successful performances and to say

bulgaria shelves it's a long held plans to adopt of the euro saying it is not ready to take part in the continuous bailouts and face an uncertain future with the struggling bloc. the u.k. is accused of safeguarding at the riches of the ousted egyptian regime and within the assets of some key figures in hosni mubarak's inner circle staying on touch to despite international sanctions. and of the long arm of the copyright industry reaches all the way to cambodia with one of the founders of the pirate bay file sharing site now facing extradition to sweden. also two of the world's largest armies and those of india and china unveiled plans to work more closely leaving western countries on the edge over the duo's growing to reach. the next r.t.a. ahead of russia's hosting of the asia pacific summit in volleyball stuck peter lavelle asks his panel of guests what we can expect to come out of the meeting that some crosstalk took away. play. live. and if you. listen to. hello and welcome to cross talk i'm peter lavelle forward to blot of our stock on the eve of the meeting of the asia pacific econ

what advantages do you think bulgaria gets by being a part of the european union but not a part of the euro zone while it gets the funding you know the issue about the structural funding because all this new comers into the european union are now getting the big buck of their funding whereas the old ones like greece and spain and italy and france and the u.k. obviously are getting less so i think the bulgarians have been clever for i mean they. are getting out of the euro problem but still they remain. big important proceed paeans of structure of funding. of all the issues that we've talked about now that the european union has gone sort of back to school what will you be focusing on what's your major concern. well obviously major concern is for. economic point of view what are they proposing to create employment and i haven't heard good ideas in this regard. from a budget point of view you know i think the budget trued the european union budget should be reduced you know we have invested more than one hundred and fifty billion in the last year and in the decades an average of one hund

again, most recently the successful terrorist attack on a tourist bus in bulgaria. again, we know that last year the government of iran attempted to carry out an attack against the saudi ambassador here in washington from someone believed to be part of the mexican drug cartel. i want to ask the three of you. first to put this into context. my impression is that the iranian revolution guard corps and another have made a strategic decision to move out of their immediate neighborhood and to begin to operate internationally. am i correct, director olsen? >> what i would say, mr. chairman, is that we have seen an uptick in operational activity by the islamic revolution and guards force over the last year or so. and to your point, the plot against the saudi ambassador here in washington last fall highlighted a willingness of iran and its terrorist elements to actually carry out or seek to carry out an attack here in the united states? >> and what i'm wondering, my impression certainly is, traditionally, the irgc which operated in the middle east through hezbollah, sometim

of course the corporation which has now increased its fourth claims against bulgaria to one billion euros the firmest seeking compensation after sofia canceled the nuclear power plant project in the north of the country financial problems were blamed for the holes in construction but some analysts say it was rather a political decision some says the money will cover the cost of the equipment that turned out to be unnecessary. and the will of course always has a major effect on the russian companies and markets and the economy in general that lies with us reading at ninety seven a dollars roughly one that comes to the brand blended slowly approaching one hundred sixteen it's not trading at the highest level in almost three weeks and that's in the hopes that the u.s. and china will be on the maze and increase the fuel demand now if we can move on and take a look at currencies and see where the ruble and the euro stand the euro is still strengthening versus the u.s. dollar when it comes to the ruble its strength again so both major currencies and it was like a look at asia which investors ar

to snub the single currency comes into growing economic instability in the block and a shift in bulgaria and public opinion the country is entering its third year of an austerity program the debt crisis in europe has already called for several vulnerable e.u. nations to show wave from adopting the euro or including lead via and with the way we are. right let's go get the latest business update now with marina so what investors are focusing on right now all the other when it comes to you west let me tell you it's definitely don't work and that's because they're celebrating labor day that's all not mentioned in the u.s. markets today but if you take a look at europe we'll see that the focus really is of that actually on every year or so but we're seeing the movie the best they can in fact we saw one for the bob woodward book the footsie and that's added over a half a percent and then all of this is the spot every. boy that shows the manufacturing side more than initially expected. and take a look at currencies and see what's happening there with the euro when it comes to that we're seeing