about agreed deaths ride down proves premature as half and suffer as a fresh downgrade from the fitch ratings agency with movies going even further and declaring greece in the fold that's after the country seal the deal with private investors it reduces the greek burden by over one hundred billion euros. beauty and the city next we explore the exit spas and plastic surgery spots in the russian capital moscow out. the wrinkles big difference is at least one reason for vanity what about the other people obsessed with beauty surgery various new things like the sieges and on subtle things are gaining more and more popularity every year in russia and around the world the battle against nature martha grey hair. i give up. the world of the plastic fantastic botox face lifts chemical peels in the competitive world today everyone wants to look younger and more attractive some men and women also creams good diets and lots of exercise others go under the knife the aim of turning back time russian city huge recently age defying mind made treatments and with increased media attention abuse infection celeb

and optimism about the greek debt write down prescribed athens suffers a fresh downgrade from fitch ratings agency with moody's go even further and declaring greece in a different. something about when the summit is stories in fifteen minutes and in the meantime beauty in the city thanks for explore the not sure response and plastic surgery spots here in the russian capital that's in this weekend's edition of moscow and. the wrinkles difference is at least one reason for vanity what about the other people processes. surgery various methods of procedures and non-surgical things are getting more and more popularity every year in russia and around the world as we all battle against nature heart grey hair. or get up in the world the plastic fantastic botox facelifts chemical peels in the competitive world today everyone wants to look younger and more attractive some men and women creams good diets and lots of exercise others go under the knife with the aim of turning back time. to see the huge recent boom in age defying my manmade treatments and with increased media attention and beauty perfect

also everything's looking positive as ministers improve second bailout ways for greece and also fitch rating agency has already upgraded greece's rating to the miners from a potential default and now let's take a look at commodity prices they are up despite several opec ministers saying that oil prices are already up the high end of the price range and when it comes to currencies the euro is losing versus the dollar on that retail sales of course while the ruble strengthened against post cards. all right more news on our web site of the dot com forward slash business and i'll be back in two hours time with an update to join if you can.

optimism about the greek debt write down proves premature as athens suffers a fresh downgrade from fitch ratings agency moody's going even further and declaring greece to follow and. if you think you are quite certain that. you would should be. accused of stoking fear to get the american public in the mood for a new war of military strikes on iran or firmly back on the table. one pm in the russian capital this is r t the man having the international effort to end violence in syria and want an immediate cease fire involving both rebels and government forces and open talks the call comes from the chief of the arab league and the u.n. arab and by kofi annan who were meeting i have an ins mission to damascus both also spoke out against any move towards lidia's style foreign intervention but as refinishing now reports from syria there are forces at work who hold the opposite view. ahead of his visit to syria kofi annan who's traveling to the country as the joint you and arab league envoy has announced that his mission's main goal will be to ends the violence by persuading the warring sides to speak t

optimism about the greek debt write down proves premature as athens suffers a fresh downgrade from fitch ratings agency with moody's going even further and declaring greece and default. going to be one of my concerns were around you run is he wanted to. accuse of stoking fear or to get the american public in the mood for a new war a military strike so to ron are firmly back on the table. it is eleven am in the russian capital thank you for watching r t joshing the man having the international efforts to and violence in syria wanted immediate cease fire involving both rebels and government forces and open talks the call comes from the chief of the arab league and the u.n. arab. who were meeting ahead of allan's mission to damascus but also spoke out against any move toward sleepiest all foreign intervention but as maria financial reports from syria their forces out work to hold the opposite view. i heard of his visit to syria kofi annan who's traveling to the country as the joint u. and arab league envoy has announced that his mission's main goal will be to end the violence by persuading the war

optimism about the greek debt write down proves premature as athens suffers a fresh downgrade from fitch ratings agency with moody's going even further declaring greece in default also. may be might turn. around the world should be accused of stoking fear to get the american public in the mood for a new war military strikes on iran are firmly back on the table. parties bring me worldwide news with me rory suchet live in moscow welcome to the program the u.n. arab envoy kofi annan is holding talks with syria's president he wants to negotiate an immediate cease fire involving both the rebels and government forces and a round of open talks and the efforts though have been back by the chief of the arab league before his trip to damascus both men spoke out against any move towards a libya style foreign military intervention that maria financial reports from syria seem to be forces at work who hold the opposite view. the joint u. and arab league envoy has announced that his mission's main goal will be to end the violence by persuading the warring sides to speak to each other he's also said that he bel

as a culmination of a good year, fitch ratings upgraded the authority's credit rating from aa to aa +. that is something to celebrate, will mean lower borrowing costs for us. it is coupled with the action that he took today to significantly lower the cost -- you took to date to submit a lower-cost of our interest rate in the paper so the program. i want to thank all of you for your leadership at the local and regional level and your partnership with us in making these accomplishments possible. i also want to thank the city departments and other agencies that are recipients of prop k, as well as regional planning and funding agencies. i want to thank our staff, our greatest assets. i also want to have a word of thanks for our interns, who i call our greatest assets in the making, and our consultants. i would be happy to answer any questions. commissioner campos: commissioner kim? commissioner kim: i have a question on something i saw in the report. under the lifeline transportation program there is funding for the 108. curious as to what those enhancements are? >> these are enhancement

also optimism about the green death ride down proves premature and suffers a fresh downgrade from fitch ratings agency those movies going even further than clearing greece in the fall that's after the country sealed the deal with private investors that reduces the greek word by over one hundred billion euros. those who have lined up next a special report standing army takes a look at how american military bases shape the wives of millions in the countries where they are based. on. how they get the money to make them who's giving it and what particulars from. usual questions somebody like obama should butt out. it just didn't happen the empire it was it was designed. and those bases just came along like you know some terrible cancer. when you see how much money is at stake and in the operations that go on every day it's phenomenal the number of flights to take off from catania air force base every single day involved just that one base in that one country on monday going to have involved thousands of gallons of jet fuel. repair and maintenance and parts for those aircraft the rationale for the s

about the greek debt write down proves how much is often suffer as a fresh downgrade from the fitch ratings agency with moody's going even further and declaring greece to be in default. and to stay with us if you cannot see up next it is part two of us special report out of standing on me and takes a look at how american military bases shape the lives of millions and over one hundred countries whether based you want you're not. this place won't stand on electric lake alan bond well how they get the money to make them and who's giving it to them and why to protect us from what these are all questions that somebody like obama should have been asking is. it just didn't happen the empire as it was designed. and those bases just came along and i can know some terrible cancer. when you see how much money is at stake in in the operations that go on every day it's phenomenal the number of flights to take off from katrina air force base every single day involved just that one base in that one country on one day one have involved thousands of gallons of jet fuel. repair and maintenance and parts for

ultimate sum of alba greek debt write down proves premature as athens suffers of fresh downgrade from fitch ratings agency with moody's going even further and declaring greece in the form. of headlines around r.t. but no. joining us live in the world of sport hello good to see you just a couple of hours away now from finding out yet another qualifier in the cape shells ice hockey playoffs that's right it's a winner take all in game seven of the series between the number rico and sore heads all the match gets underway in less and puts in minutes and i do have plenty of other news though so stick around i'll be right back right. hello and welcome to support an artsy with me your mom calls for a plenty of ahead including the following story. points to shared the knowledge that says scott cycle hopes after grabbing a one one draw in the moscow darby. and blistering bubba watson least a cadillac championship after just missing out on the course to record in miami. stars off to morrow to use ice hockey talent showcase their skills in the mh shells east versus west. let's kick off with football and this m

about the greek debt write down proof premature suffers a fresh downgrade from fitch ratings agency a go even. greece default of the country seal the deal with private investors that reduces the greek putting by over one hundred billion dollars because of the headlines next. to the. technology innovation all the developments from around russia we've got the future covered. oh yes we woke up to spotlight the interview show on our t.v. i pod do not answer them i guess on the program is jason fervid. had written a blues stop the world stage to get these so-called black stars originate in the religious carl singing the famous gospel as more and more confuse stop oh crap to get that rush i just couldn't stay inside one of the biggest days in the gospellers is the oakland university's elliot's they came to moscow as part of the american season's first in my studio today is jason affair and the film director and leader of the famous american frog. modern gospel can be traced to the eighteenth century but in fact it's originates from two thousand year old church music in the beginning of the

about the greek debt write down proves premature as athens suffers a fresh downgrade from the fitch ratings agency with moody's going even further and declaring greece to be in full force. for my colleague bill dodd is here in half an hour's time but for now it's spotlight. the for. the. oh yeah who walked into the spotlight the interview show. i'll do now then today my guest on the program is jay so unfair to. hip hop and written of those up the world stage today these so-called black styles originate in the religious carl singing the famous gospel as more and more country style both laugh together russia just couldn't stay or suck one of the biggest days in the gas belt is the oakwood universities elliot's they came to moscow that's part of the american season's first in my studio today is jason the third night of the conductor and leader of the famous american frog. modern gospel can be traced to the eighteenth century but in fact it's originates in the two thousand year old church music in the beginning of the trenches century gospel transcended church services and became an independent

temporary and that rates will be kept at record low levels of zero to nor to five percent in europe but also they ended on a positive note meanwhile after the end of the session the fitch has said that it is increasing the rating of greece from default to be minus and on the commodities markets we're seeing oil gearing up on hopes of the global economy growth and what we're seeing on the currency market is the dollar is gaining versus the euro on the positive retail sales in the united states and of course this positive outlook from fed chairman ben bernanke while the ruble was also gaining against the. right answer for today join business here at eight twenty moscow time on words. the. guitar some measures your story and it seems so far away you think you understand it and then you glimpse some.

not my business desk with attention so what are the expectations well it's not just investors fitch ratings agency is also monitoring the situation closely and this threatening to cut russia's long term rating if the new government fails to. tighten the monetary policy essentially the rating agencies says that it's who turns election campaign promises will cost the russian budget budget a whopping one hundred sixty billion dollars over additional spending and boosting public spending over the next six years will essentially lead to a wider budget deficit putin also pledged to raise the peace of the country's economic growth to around seven percent a year he hopes russia will join the top five economies and jump to the twentieth place of the global grading of investment attractiveness it's currently in one hundred twentieth place so there's a lot of us jurors are expecting to see from the new president and jacob well from morgan stanley has the details. a lot is going to be called for in terms of setting up the new government and people getting their feet under the table so i think people wi

it's because fitch ratings agency has become the second ratings agency to say that it has put this countrynegative watch, which means it's ear-marked the uk for a potential downgrade when it comes to its credit rating. that's why that market is down. but for the moment, andrew, it seems that after a bit of a choppy start to the day, the markets are lifting a little bit and doing slightly better. >> in asia, nina, it was a case of two up, two down. the nikkei and hang seng up, shanghai down as well as the australian market. the shanghai still responding to the words from beijing yesterday that property prices remain too high and the restrictions on property speculation and buying property will remain. that's hurting, obviously, the property stocks and some of the lead banks as well in china. nikkei up on the back of a weakening yen, nina. >> yeah, and that mixed note, it's time for the two of us to say good-bye, for the moment. that's it for this early edition of "world business today." i'm nina dos santos in london. >> i'm andrew stevens in hong kong. we will be back, joined by maggie for

their international standing as we report greece has been given the benefit of the down by the fitch ratings agency which raised the country's credit saddos from its pretty default level after it sealed a second bailout from a new. call london's apologies go on a spree rather than all the heat by water cannons chemical gas and even more tasers find out what they're planning to do with their new equipment on our own web site. also there the final frontier russian probes to visit morris jupiter and venus get the details on the country's ambitious space exploration plans are our team dot com . if you're just joining us almost twenty minutes past the hour what's been called a little boring story of death has been discovered in the wrong. do you know ball carrier a public containing nine bombs and large quantities of explosive making materials the amount was equivalent to a hundred kilos of t.n.t. enough to demolish a large residential area police have a sample of the identity of the owner of the garage and are now searching for him investigators believe the explosives were intended for terror at

the greek burden by over one hundred billion euros the first avoids doubts about the deal was fitch ratings agency which downgraded athens to restrict a default will be a matter some associate professor at frostburg state university believes there are many reasons to remain skeptical. i don't care how systematic it is or how complicated these debt swaps are we are dealing with a real live before everybody knows that just because serco z. claims that it isn't a deep thought means absolutely nothing he's a politician i don't believe the markets are going to reflect the reality is best they can of the situation i think because these folks are the ones that actually have money to gain or to lose and so they're going to make decisions based. on what's going to be best for their financial future they're not looking at it politically the european leaders are trying to put a political spin on this but what you have in the end is it for the taking of assets that are worthless and you have a sum full by tending that these assets mean something that these assets really are valuable when in fact they'r

as we report online tonight greece has been of course given the benefits of the doubts by the fitch ratings agency which raised the country's credit status from its pretty default level after it sealed a second bailout from the e.u. . also copshop london's bobbies go on a spree rather than on the beach with water cannons tear gas and even more tasers on the shopping list find out what they're planning to do with the new equipment online from us tonight. and. the final frontier russian probes to visit mars jupiter and venus get the details on the countries around the issue of space exploration plans on our website r.t. the court and. he. came. down for your fish or anti allocation joint phone or i pod touch from the on choose option. on the go. video on demand all season long broadcasts and are as. speeds you know with a part of your. question on the dot com. what's been called a laboratory of deaths been discovered in a carriage in russia's couple the noble car republic containing nine bombs and large quantities of explosives making materials now the amount was a quiver of one hundred kilos

now that the elections are over on people's minds is the question of what comes next in russia fitch ratings agency says that the new government must tighten budget policy otherwise there is a risk that it will cut russia's long term credit rating now. promise says head of the election would cost the budget a whopping one hundred sixty billion dollars according to the agency and also pledged to increase pace of the country's economic growth around seven percent a year are you getting an abortion from a systemic skeptical that was. unfortunately a with. all the structure of russian economy and mostly resource oriented export resource around the country we are not capable to grow faster than four percent a year for four four and a half percent a year and it's impossible so from this iteration we can see the situation even in two thousand eleven thousand and thirteen so if we want to grow all seven percent a year in real terms we need change and that's exactly what's not clear we'll be back next hour with another if you can of course the headlines. to a substantial degree and one form or anothe

while fitch ratings agency for example expects russian budget to not be able to withstand the pressure put on it by the election campaign promises of president elect let him in fact the agency says it will cut its long term rating if the new government fails to tighten its monetary policy it says putin's election campaign promises will cost the russian budget a whopping one hundred sixty billion dollars in additional spending and boosting public spending over the next six years will inevitably lead to a wider budget deficit especially if the price of oil goes down now which is also pledged to raise the pace of the country's economic growth to seven percent to hear he hopes russia will join the top five economies and will jump to the twentieth place in the global rating of investment attractiveness it's currently in one hundred and twenty of plates so there is a lot of best rules we'll be watching to make sure that president meets the expectations of mel from morgan stanley russia explains. a lot so it's going to be called for in terms of setting up the new governments and people gettin

government will pursue let's find out more from our business with so what are the main concerns while fitch ratings agency is mainly concerned about the budget the agency essentially threatens to cut russia's long term rating if the new government fails to tighten monetary policy the ratings agency says selection campaign will inevitably increase the budget by as much as one hundred sixty billion dollars of additional spending over the next six years apart from raising the social cost and also pledge to increase the country's economic growth piece to seven percent however you've been on your show from. is kept about this. so far it doesn't look real unfortunately with. all the structure with russian economy and mostly resource oriented exports resource around the country we are not capable to grow faster than four percent a year for four four and a half percent a year and it's impossible so when the situation we can see the situation even in the polls and to level two thousand and thirteen if we want to grow seven percent a year in real terms we need changes and that's exactly what's not. and let's

that the presidential elections are over in russia the question everybody's mind is what is next fitch ratings agency is worried about the state of russia's federal budget and says russia risks seeing a kind of its long term rating if the new government does not do anything about its budget policy now agency says putin's election campaign promises will cost the budget a whopping one hundred sixty billion dollars putin also pledged to increase the economic growth pace to around seven percent a year in the country but you're getting a dog from a of cases tamar is skeptical about these products just doesn't look real unfortunately or with. all the structure of russian economy and mostly resource oriented export resource around the country we are not capable to grow faster than four percent a year for four four and a half percent a year and if it's even possible something disintegration we can see the situation even in the thousands eleven thousand and thirty eight so if we want to grow seven percent a year in real terms we need changes and that's exactly what's not clear. and that's the business

to discuss the second tranche of a bailout to greece and that's of course after the moody's and fitch ratings agencies downgraded greece to i default level and essentially investors are wondering what does that mean in the big scheme of things in the longer charge and sensual other european countries polo shirt greece is one of the worst with unemployment running at twenty percent and all the austerity measures but spain and portugal are almost just as bad and ireland's unemployment figures of almost fifteen percent can certainly compete with greece what are the mean implications for the global economy this week for chief strategist of troika dialogue in moscow explains it's not really an issue for greece only more doesn't affect greece greece is already if you like already or past its neck in problems it's not going to make it any worse or any better the problem is that the technical default completely undermines the whole basis for the c.d.s. market which essentially is the basis of risk insurance in the bond market globally it undermines the credibility of c.b.s. and they are simply on nor

the burden by over one hundred billion euros for the first avoid the doubts about the deal was fitch ratings agency was downgraded athens to quote restricted to full economic analysts next cookouts says there are still many questions greece needs to deal with aside from the debt swap deal. there's a lot of moving parts here but the vehicle is the first part then we have structural reforms which frankly a big major forty years of private says a should process which hasn't really begun with any great momentum and then the worst part of it is the tax hikes and of course the cuts in wages the first thing you need is a little bit of stability and visibility in the sense that people are afraid to invest here because we may return to a drachma sometime soon and that could mean a devastating devaluation and a loss of money so we need some stability in the eurozone we need the list these are in for european union leaders and we ourselves here have to take some responsibility and put together a medium term economic plan so we know how to climb out of these very still despite all of these one hundred t

presidential elections are over the question everybody's asking themselves is what comes next well fitch ratings agency says if russia does not tighten up budget spending it might overlook its long term credit rating now the agency says that putin's election campaign promises will cost the budget a whopping one hundred sixty billion dollars now putin also pledged to increase the pace of the country's economic growth around seven percent a year getting a dog in from a place to stammer is skeptical about this. year with. all structure of russian economy and mostly resource oriented tax exports resource around the country we are not capable to grow faster than four percent a year for four four and a half percent a year and it's impossible and the situation we can see the situation even in two thousand to eleven thousand and thirteen so if we want to grow seven percent a year in real terms we need changes and that's exactly what's not clear. so that's how the markets pretty much look at this hour we will be back in around fifty five minutes time to bring you an update to join us. sometimes you see a

leaders have been dealt a painful slap in the face after the credit rating agency fitch have just downgraded greece's rating to restrict to default it's the second worst level on the scale just a difference present a closer causey had claimed the greek debt crisis had been solved in front of athens critical bomb swap deal with private creditors that allowed the country to narrowly escaped before want to discuss today's developments i'm not joined live by dr william anderson he's an associate professor of economics at the forsberg state university well we've got e.u. leaders word choice in the deal and now we see skeptic since ism from the markets and an almost instant downgrade by fitch why we seeing such a contrast in reaction over this well because let's face it the e.u. leaders would put something over on somebody this is a before i mean whatever you settle with your creditor for less than what you are or have agreed to do it and you do it i don't care how systematic it is or how complicated these swaps are we are dealing with a real live before everybody knows that just because sarkozy c

optimism about the greek debt write down proves premature as happened suffers a fresh downgrade from fitch ratings agency with moody's going even further and declaring greece in a different. that with more on this story in half an hour from now in the meantime we delve deeper into the global economy and politics with laura lister and her capital account from washington that's next. good afternoon and welcome to capital account i'm lauren lyster here in washington d.c. and here are your headlines for march ninth two thousand and twelve u.s. unemployment remained at eight point three percent it's being touted as sturdy because it was unchanged that's by mainstream media headlines of course but with more than half of those jobs added low paying work by analysts and more than half of the professional services jobs added been temporary ones is this so-called recovery built on next donalds jobs and piecemeal work we'll talk about it meanwhile the u.s. deficit is expected to hit a record all time high in february we'll break take a break from the eurozone crisis to talk about the u.s. for a minute but no

optimism about the greek debt write down proves premature is out and suffers a fresh downgrade from fitch ratings agency with mooching i would say with moody's going even further and declaring greece in the front. so that toughens up to date for them i'll be back with more on those stories in full detail for you inhofe an hour from now in the meantime let's get back to the latest a new mission. to the. science technology innovation called the list of elements from around russia we've got the future covered. our guys it's time for tonight's all time award and i are giving in to repeat winner rick santorum that's right he's won our coverage prize for his comments about blog people trying to declare religious war here in the u.s. over contraception amperage trying to keep women up a battlefield for their overcharged emotions now they would like to focus on a stance on housing policy the author of the campaign he's been really fiery about the role of government mortgage lenders fannie mae and freddie mac. i should totally to. say. all right now stance to phase out fannie and freddie is one of the key

about the greek debt write down proved to be premature as athens suffers a fresh downgrade from fitch ratings agency with moody's going even further and declaring greece and perform. well writes her next one i'll see the scandal surrounding greek debt is explored by our financial guru max keiser and his co-host stacy as i promised a cause report is now. this is the kaiser report trickle down. in the toll booth. stays here over yes max who are seeing financial crimes all over the place right well the feds have apparently acted they are able to act six charged in federal crackdown on hacking by anonymous a little sex groups so who we know of a little second member admitted to hacking sony and also the computer system used by fox broadcasting company rupert murdoch's news corporation according to u.s. authorities so sabu and these other defendants face as much as one hundred twenty two and a half years in prison according to the judge involved in this case yeah well what about the hackers who hacked into m.f. global accounts but what about the hackers that hacked into the live or business multi

standing as we report online tonight think greece don't you will give the benefit of the doubt by the fitch ratings agency which raised the country's credit status from its creative fold level after it sealed the second bailout from the e.u. . and caught short learn the bobbies go on a spree rather than on the be with water cannons tear gas and even more tasers on the shopping list find out what they're planning to do without their lot on our website r.t. dot com busts we're also talking about space the final frontier russian proves it's a visit by jupiter and venus we've got all the details about the country's ambitious space exploration plans on our web site once again it's r t v dot com. take you around the world in brief an hour bus with belgium students on board crashed in a tunnel in switzerland it's killed twenty eight people most of them children the vehicle was taking fifty two to respect the belgian from a skiing trip when the crash happened nearly italian border and investigations been launched into the course of the tragedy. the series of earthquakes has rattled tokyo northeast japan th

dollar now after the presidential elections are now over in russia the question is what comes next fitch ratings agency is concerned about russia's budget and says that russia's long term credit rating may be downgraded in case the new government will not manage its budget better the agency says putin's election campaign promises will cost the budget a whopping one hundred sixty billion dollars and commission also. pledged to increase the pace of economic growth around seven percent but give you any of those and from a is skeptical about. so far it doesn't. deal with the old structural freshened economy and most there is also real to export resource around the country we are not capable to grow faster than four percent a year out here for four four and a half percent a year and it's impossible something this integration we can see the solution even in the polls until level two thousand and thirteen so if we want to grow seven percent a year in real terms we need changes and that's exactly what's not clear. and that's how the market looks the sell be back next hour with an update the headlines ar

fitch ratings service has affirmed its aaa rating on great britain's debt. but it has lowered the outlook to -- on that debt to negative from stable. it says in its report that this lowering of the outlook reflects the very limited fiscal space to absorb further adverse economic shocks in light of such elevated debt levels and potentially weaker than currently forecast economic recovery. now, the negative outlook reflects in fitch's view a greater than 50% possibility of a downgrade of the aaa rating on that great britain debt, over a two-year horizon. once again, to reiterate, affirmation of the uk's aaa ratings, the progress made in producing the government's structural budget deficit. but reducing the outlook to negative from stable. maria? >> todd, thank you so much. >>> a former goldman sachs executive is blasting the company in a "new york times" op-ed today. what also turned out to be his resignation letter. mary thompson has the story. what a hot story this was. >> it is interesting. goldman sachs is a very private firm. but a former employee who wor

optimism about the greek debt write down proves premature has happened suffers a fresh downgrade from fitch ratings agency with moody's going even further and declaring greece in difference. of summary camille went off enough none of the time it's the only show and the topics of today's program include the transfer of u.s. war prisoners under afghan control the reasons for becoming a whistleblower and plenty more the sides that's next on r.t. . going to be alone show at the real headlines with none of the mercy from live in washington d.c. now it's not risky to gary weiss about jobs numbers and his new book and rand nation we see of her philosophy echoed of movements and of the words and actions of republican lawmakers but we do see it there but what really happened if they were allowed to take it all the way then the us now afghanistan to reach a deal on the transfer of prisoners at parwan to afghan control but just how good of a deal is it and what is of the drives one to be a whistleblower to risk their life their reputation amongst other consequences and speak to all present his new book beauti

last week, the ratings agency, fitch, became the second ratings financial agency to learn that britain could be losing its aaa rating if the government shows any sign of easing back of this debt reduction program. >>> fareed zacaria recently sat down with the chancellor. and he pointed out that the severe austerity may come at the cost of economic growth going forward. >> i don't agree with that an analys analysis. i guess that would surprise you. we had to earn our ability out there. we have the interest rates the same as italy and spain. you've seen what happened to those countries in the last few weeks. but interest rates, markedly higher than the united kingdom has at the moment. the idea that britain could have gotten away without a global plan, not attacking that 11% budget deficit, i think is fanciful. and actually, the proof has been in the pudding. we had a remarkable degree of stability. we had lower interest rates. compared to many of our european neighbors. if you think of the economic shocks that the european continent has suffered over the last nine months to a year, i th

cover to see but it's far from a business this session so what are the main concerns that well ratings agency fitch is concerned about the budget in fact the agency threatens to cut a long term rating if the new government fails to tighten the monetary policy. calculated that sometimes election campaign promises will cost the russian budget a whopping one hundred and. sixty billion dollars in additional spending now boosting public spending over the next six years will inevitably lead to a bigger budget deficit especially if the price of oil falls now for more on that i'm joined by you gave me not dorson of a of case a scam in moscow i gave thanks for joining us so our pitch is calculated that putin's election campaign promises will cost the country one hundred sixty billion dollars in additional spending can russia for that. yes generally yes there are two ways the first one is simple and would have used it extensively for the. higher oil price ok with a hugh exception that worked perfectly but unfortunately for the nearest future we need roughly a ten percent increase in. oil price in order to be

the fitch credit rating agency downgrades greece to restrict to the full shafran of blooming optimism of e.u. leaders falling upon the swap deal pushed through by the things. well now it's the weekend rainy here in moscow and beijing and the city and next we look at a lot shuras falls on our car in the russian capital in this weekend's edition of moscow well. the wrinkles coming back into the camera is at least one reason for vanity what about the other people abscesses beauty surgery various circumstances and non-surgical things are getting more and more popularity every year in russia and around the world the battle against nature gray hair. i give up in the world of the plastic fantastic botox facelifts chemical peels in the competitive world today everyone wants to look younger and more attractive some men and women opt for creams good diets and lots of exercise others go under the knife with the aim of turning back time. to see the huge recent boom in age defying my manmade treatments and with the increased media attention of beauty perfection celebrities and those alike i was ho

the reduced rating by fitch though was expected. der the bond swap deal to be a default. >>> time is 7:46. the president of virginia tech university will testify today in a wrongful death lawsuit connected to the 2007 west virginia campus shooting. 32 people were killed in that massacre. the student gunman later killed himself. the lawsuit claims university officials were too slow to respond and later tried to cover up their mistakes. >>> pennsylvania's governor is now talking about the roll he played in firing former penn state football coach joe paterno during that growing sex abuse scandal at the university. tom corbett says he wishes joe paterno had done more after telling university officials about the accusations against coach jerry sandusky. governor corbett says he and his fellow university trustees were right to fire joe paterno last fall because he failed to follow up on the allegations. joe paterno died of lung cancer in january. sandusky has been charged with sexually abusing several boys and he has pleaded not guilty. >>

the fitch credit rating agency downgrades greece too restrictive default sharing living optimism of the new leaders following a bold new deal pushed through by congress. more news stories more developments in this and half an hour from now and meantime let's get back to the i want to show from washington. we're hearing to see the massive keystone x.l. pipeline protests have died down a recent months but doesn't mean the battle over the keystone pipeline has died down in general and fact the pipeline has become a major focal point on capitol hill are the senate voted on a new measure designed to keep president obama out of the decision making process now their idea was to cut him out of the equation because the pipeline originates in florida and not in the u.s. but the measure needed sixty votes to pass and it quite literally sprung obama into action he and his team lobbied other democratic lawmakers into saying no this bill our ports are the obama phone calls himself so you can imagine the g.o.p. was not too happy about. this report this morning of the president's push for making phone