portugal paid an interest rate of 5.9%.hat is unaffordable and is less than ireland paid for its bailout finance. >> they were forced to the corner as a result of what the market did in terms of basically asking for higher interest rates it could ill afford, and then the knowledge that the european central bank is set to raise interest rates finally. >> so, how much will portugal actually need from the euro zone's rescue fund and the international monetary fund? probably around 80 billion euros on the basis of the existing debt it needs to repay and a substantial hole in its public financials. the contagion has gone from greece, to ireland, now to portugal, and some believe the much bigger spanish economy could be next to ask for help. unless, that is, the rest of the euro zone, led by germany, takes the kind of substantive measures that they have so far failed to do to restore confidence. >> robert, our business editor reporting. now, the vessel for -- the battle for power for ivory coast. the forces of alassane ouattara h

be learning from portugal because you mentioned there is kind of a crisis of faith also portugal's parliament was able to pass austerity measures the u.s. government seems to be at a stalemate as far as dealing with this deficit issue what do you think should be taken away from here. i think the primary thing to consider is credibility because that is all a government or an individual or business has and when it's lost it's very hard to get it back so we have gone down this road in our four years where we have made claims that we could fix this with quantitative easing interest rate cuts and all of the other platitudes and all that's happened is our deficit is skyrocketed we most certainly have a longer leash than portugal or even spain does in this regard but it's not infinite and the lawmakers in washington seem to have this idea that they can continue to play this game on an indefinite basis there is a line in the sand beyond which international investors in particular are going to throw their hands up and say we're just not going to deal with this anymore and then the federal reserve is l

devastated greece and ireland is now threatening to take down a slew of other eurozone nations and for portugal after struggling to control control its spiraling debt crisis the country announced yesterday that it also would need a bailout to prevent its markets from imploding at a cost of nearly eighty billion euros they're currently the eurozone has a bailout fund of about four hundred forty billion euros so the rescue of portugal are relatively small nation about ten point five million people should be bearable for european finances but it remains to be seen whether the other larger european countries spain anyone could be at risk of a similar fate now e.u. officials do hope that the rescue package to portugal is going to be the last one needed and that the into. our european financial crisis will somehow finally be contained but is that really the case for the answer we turn to karl then a tour of the market sector injuries us now from niceville florida carl i always love saying that myself florida sounds like fun now let me ask you i want to get my notes here portugal is now the third coun

everyone and portugal knows what the bailout entails. prices will go up. so will unemployment figures. >> i mean, we have no other alternative. our debt is so huge. we do not grow any more. we do not learn any more. >> some disagree and 0.2 alternative positions. there are the banks that could take their sponsibility. >> the government -- two or ththree rties should always be in government. they are the ones whose policies led us to where we are. >> and it is not just the younger generation as they take to the streets. the country has not seen protests like this in decades. young people have now founded and nationwide movement to express their frustration. their regular meetings like this one. >> i think jobs are our rights, and especially humanization, fighting against alienation, fighting against fighting. >> the musicians to make -- who make up the band often ovwhelmed by the reaction to their son. they do not want a revolutionary image, but they are getting more and more fans. [cheering] >> battered, but unbowed, muammar gaddafi has survived financial

portugal is the third country after greece and ireland to seek lp. critics, howev, save lives than we did far too long. -- say lisbon waited too long. >> they will have to submit to do you's ideas on slashing spending and boosting revenue. >> we negotiate an economic adjustment program with the portuguese authorities. >> that means portugal faces what greece and ireland already had been prescribed -- major budget cuts. >> perhaps it is a good thing. perhaps not. we will have to wait and see. >> if it helps them for -- they should have done a long ago. >> i'm already affected because i'm one of portugal's many workers. perhaps it is time to emigrate. >> portugal is on the verge of bankruptcy. investors are demanding a risk premium for loans, but lisbon will be able to get loans at a much lower rate from the eu bailout fund. overall, the fund can issue loan guarantees of 440illi euros. and make emergency loans of 60 billion. the imf has a further 250 billion available. as for portugal, economists estimate it will need about 80 billion euros. but cash a

impose upon portugal? >> so this could be all kinds of cuts. for example, in social subsidies or in social networks. itould -- and i tnkthis should actually be done it should go more into the investment part. because i don't think portugal will be able to get through this just with austerity. i think there needs to be growth as well. >> we thank you very much for joining us. >> thank you. >> turning now to ivory coast where the power struggle continues between forces loyal to ouattara and presidential incumbent laurent gbagdo. the french have called on gbagdo to exit the bunker below the presidential residence in abidjan where he's holdp. theyay negotiations have collapsed. but the united nations says talks are still underway. here's our report from abidjan. >> fighting in abidjan on wednesday, certaintied around the bunker of the presidential residence, where gbagdo is thought to be hold up. clashes for the third day as troops loyal to the internationally recognized president ouattara tried to remove gbagdo from power. earlier paris backed tal

mess could affect all of us plus we're not the only ones treading in choppy financial waters as portugal just announced that its two means of be allowed to stay afloat so what does all of this mean for the eurozone and more broadly the global financial system and they did it again as the libyan conflict shows no signs of easing up there's lounging outrage over the second accidental nato strike against rebel forces we're going to talk about what all that means and whether libya is going to become the next and last war. will the badly battle over the budget shows no signs at this point of easing up lawmakers on the white house remain at odds over how to bridge a gap of billions of dollars now after last evening's failed talks president obama warned folks that more than political showmanship is at stake if the government indeed shuts down take a look at the ramifications all across this economy in a time when the economy is. still. coming out of the extraordinary deep recession it would be inexcusable given the will jubilee. miral differences when it comes to numbers which would be for a re

portugal turns the e.u. to drag it out of a financial black hole of trade into roles waves of anger among european taxpayers who have to foot yet another bailout bill. and stocks continue to drop worldwide following a quake that shook the northeast of japan investors keep a close eye on potential damages to nuclear power plants more of that in our business but most of the. international news now from a studio here in central moscow this is our teachers past ten pm here in the russian capital and nine pm in finland where a priest is charged with inciting racial hatred after speaking out against russia's number one terrorist document of his internet propaganda in an interview with us here in l a t a pastor also claims he's been receiving constant threats from the leader of the chechen militants in finland the priest is seen as the real criminal . now reports. say you from a liar is being prosecuted for inciting reaches patriots and for publicly criticizing the finish it's already described as illegally praisin

with portugal admits it can't keep its economy afloat the eurozone is finding itself coughing up for a third bailout package following a severe but successful austerity cuts lisbon will take on yet more debt the e.u. sets alone and more than one hundred billion dollars was in the euro zone are still volatile after the bailouts of greece and ireland. but today's that night skies are stacey where they will be bunking the superficial optimism around the u.s. economy and exploring the secret ties between big banks and the big drugs the report is coming your way at three thirty g.m.t. here on a c but for now it's a quick preview. well i remember let me tell you something stacey i remember just very vividly when i was working on was it nineteen eighties every friday cocktails on park avenue and watch this parade of limousines travel down park avenue into the basement of citibank everyone knew this was money that was being loaded by citibank from drug money this is an open secret nobody got out of this so i'm glad to see now twenty at least twenty twenty five years later people begin to und

and portugal turns to the e.u. to drag it out of a financial black hole into rolls ways of anger among european taxpayers who have to put yet another bailout bill. international news live from our studios here in central moscow this is r.t. just cost. just past eleven o'clock here in the russian capital and ten pm in finland where a priest is charged with inciting racial hatred after speaking out against russia's number one terrorist. and his internet propaganda in an interview with us. also claims he's been receiving constant death threats from the leader of the chechen militants in finland the priest is seen as the real criminal. reports. ah so you hamil are is being prosecuted for inciting religious hatred and for publicly criticizing what the finnish authorities describe as illegally grazing organizing that is because central russian called the caucasus sunset those of all the years you might not know what the organization is all about this is a media outlets and internet websites which made itself a name by be

a sad day for portugal. we thought that we could manage for ourselves. the big question asked here is not so much what the size of the bail out fund will be but what conditions might be attached, what further spending cuts may be demanded. and remember, this is a country still in recession. there is only a caretaker government here, elections are weeks away. so, who will negotiate the terms of a bail out so important to this country and its independence? gavin hewitt, bbc news, portugal. >> now to the royal events which will be watched all around the world in just three weeks from now. it is the wedding-queen elizabeth's grandson, prince william and his fiancé. it is being planned to the very last detail. why the couple rides the wave of popular appeal, how do they avoid the pitfalls of the past. we have drawn up a list of dos and don'ts. >> how hard can it be to shake hands, be gracious and be royal. to do it well is much harder than it looks. to be successful they mufert follow a set of critical but unwritten rules. don't be flashy. princess diana was

portugal has become the third eurozone country to request an international financial bailout. the prime minister said portugal needs the extra help to tackle skyrocketing debts amid recent political instability. he said the fact that parliament rejected austerity measures last month made the request for aid inevitable. greece and ireland have already asked for financial assistance. on wall street, stocks closed higher today as the dow neared a three-year high. the dow jones industrial average

and option of last resort that's how portugal's prime minister has described the country's request for a financial bailout from the e.u. the worst case scenario for the european economy is looming analysts say fearing that spain could be the next victim of the death contagion rescue plan for portugal is likely to top one hundred billion us dollars with anger set to spread around you right over there you taxpayers having to pick up the bill the country has long resisted taking a bailout meringue the actions of greece and ireland may soon exhaust the patience of theirs and plunge the global economy and just further trouble according to karl denninger market picker. i think the first question one has to ask is where is the credibility behind the projections of both the european union and over here in america we've heard of stress tests we were told that everything was ok a the banks were turning around and buying us debt thinking that they were going to be backstopped and now all of a sudden whoops portugal isn't ok and as recently as a week ago we were told they were going to need a bail

are once again forced to pay for others to prop up the eurozone portugal's plea echoes those violent and release would many predicting spain be next. sounds of women dying every year at the hands of violent husbands in russia lead to calls for a change in the law to encourage those suffering in silence to come forward. with the headlines here in r.t.r. we can show is next this week martin andrews explores what russia can offer that was obsessed with space above and beyond. hello and welcome to the stereo i'm something of a fraud the highest and most famous bollywood here in the russian capital but why but because in this week's program we'll be exploring the subject of space directly in ninety six people celebrate the soviet achievements on the space race today's european space program join me as we find out why russia is so obsessed with everything that's literally out of this world the world watched when yuri gagarin successfully completed the first manned space flight been able to track nine hundred sixty one gary became an international celebrity and was awarded many medals on hi

once again forced to pay for others to prop up the euro zone portugal's we acros those of ireland and lose what many predicting spain by the next. band of thousands of women die every year in the hands of violent husbands in russia each calls for a change a lot of courage those suffering in silence to come forward. to the next hour show moscow out this week martin anders explores what russia can offer for those obsessed with space above and beyond. hello and welcome to the stereo i'm standing under the floor of the highest and most famous monuments here in the russian capital but why but because of this research i will be exploring the subject of space direct it in like the sixty fourth celebrates the soviet achievements on the space race to today's european space program join me as we find out why russia is self-sustained everything that's literally out of this world the world watch when you're against successfully completed the first manned space flight unable to twelve nine hundred sixty one gary became an international celebrity and was awarded many medals on his including hero of

plans to bail out that stricken of portugal among europeans that strong economy once again forced to pay for others to prop up the eurozone portugal's echoes those of ireland and greece with many predicting strain might be next. and in japan there are reports of a radioactive water leak at the nuclear power plant which is about one hundred kilometers from the stricken fukushima facility follows a new earthquake that shook the country killing three and injuring over one. but now it's time to get spaced out with our moscow out this week explores what russia can offer those obsessed with space and shooting for the stocks. hello and welcome to the fair no i'm standing under the floor of the highest and most famous monuments here in the russian capital but why but because of this week's program we'll be exploring the subject of space direct it in one thousand sixty four to celebrate the soviet achievements of the space race to today's european space program join me as we find out why russia is so obsessed with everything that's literally out of this world the world watch when you're a gue

portugal has become e thd country to askhe european union for emeencyinancial aid. analts bieve the cntry may need more tn $110 biion. the authorities of northern mexicoaid ey found nearly 60 bodies in masgraves. there's plen mor on all o our sties the b news weite. >> hello and lcom >> seehe ns unfold, get the top stories from arod th gle and click-to-play video reports. go to c.conews to experience the idept expert porting of "bbc world news" online. >> funding w madpossible by e freeman foundation of new york, owe,ermont, and honolu. newman's own undaon. the jo d. d catherine t. macarthur foundation. and union ba. >> union bank has put s global expertise to work for wide rae of companies. wh can we do for you? >> "bbc world ws arica" was presented by kcet, losngel.

portugal greece... >> well p.i.i.g.s. the count these have so far been saved-- greece, portugal, and ireland-- are very, very small. they have no weight in the system. their debt is quite moderate but anything that happens is incredibly painful for their citizen bus not a crisis any more than it would be if it were rhode island in difficulty. these are small places. now with spain you're talking about something quite different. spain is a big country. italy is a big country. so one of the biggest things is to ensure the fiscal crisis does not get to the bigger countries. that's one of the reasons they're resolute that they won't allow debt restructuring. they thing once debt defaults in a small country people will start saying well, it could happen elsewhere. we're not going to finance spain or italy and then they're in terrible trouble. so it's really about building firewalls and the real question is will the firewalls hold against the spread of the fire into spain and beyond. the moment spain looks okay, the spanish hav

d in portugal thearke haveost trust. hear, politicia on the left and right are arguing about how t to get to thastag i tnk what struck me was, en i w in europ i wovering big demonsatio. people saying, plea do t make tse cs. here, in covering demonstrations saying, make theuts. that is what is teing the republicans to go furer and fuher and me calls for cuts the democrats really feel will hurtsand they are reluctant to make. >>hey cannot -- and the cannotake agreementlet the deadne of friday night. wh does that meanforamerica, to have the governmenshut down? >> the white house, the democrats say it is d ne for thecony. it means some mtgag will not t paid. soldrs will n get paid. a lot of people ll have t stay ahome it will dage t economy. i not think eithe side wants to shut down, but they are already ling blame. both sides tryg tblameach otr. republansoming up with ways tontra the democrs. they he lied into tha, ings that demrats will fd it difficu still smaller. d oba tried to stay above the fray, sayinget's be adults a

portugal has asked for a bailout from the e.u. something that can carry a pasty one hundred twenty billion u.s. dollars priced out for europe the countries plea for help because those are greece and ireland and the fear of it means that spain will soon follow suit john gone's of the e.u. referendum campaign told r.t. that heavily listing share of the european economy could be sung by the eurozone. we don't have a duty to portugal we did not achieve our island we made seven billion pounds worth of welfare cuts and then we gave seven billion to ireland can't figure that does not and now spain is going to go the same way on our lousy coalition government well give the british people the right to have a vote and you know the reason they won't give us their vote because they know that seventy five percent of people in a recent e.u. referendum campaign and congress poll said they want to get out of this expensive undemocratic and the euro is going to crash and burn spain will follow portugal and i say no perry to portugal not one single

the new caretaker government in portugal is stickingb. the budget deficit will be down 2.46% of gdp. >> as the u.s. debate its future role in a libyan conflict, defense officials in washington have slam the brakes on any prada american participation. defense secretary robert gates says there will be no ground troops in the as long as he is on the job. guay to sketch out a largely limited role for the country's military. he also said that some other country could train the rebels trying to oust muammar gaddafi. fighting between rebels and muammar gaddafi's troops continues. >> their attacks failed and hours later, rebels are forced to retreat. despite almost two weeks of u.n.-backed air strikes, the gaddafi regime is far from won. the u.s. defense secretary said his military would not provide rebels with training. >> in terms of providing the training, in terms ofroviding assistance to them,ç frankly, there are many countries that can do that. that is not a unique capability for the u.s. and as far as i'm concerned, somebody else should do

the rescue operation for portugal's economy starting as e.u. ministers me to discuss a bailout package for the country however critics say that once again european taxpayers will have to tighten their belts to meet their belt and as john guy out of the e.u. referendum campaign told r.t. to heavily listing ship of the european economy could eventually be sunk by the eurozone. we don't have a duty to bail out portugal we did not achieve our island we made seven billion pounds worth of welfare cuts and then we gave seven billion for an island go figure that does not have and now spain is going to go the same way and our lousy coalition government will give the british people the right to have a vote and you know the reason they won't give us the vote because they know that seventy five percent of people in a recent e.u. referendum campaign and congress poll say they want to get out of this expensive undemocratic well and the euro is going to crash and burn spain will follow portugal and i say not a penny to portugal not one single penny one single

and buying us debt thinking that they were going to be backstop and now all of us sudden whoops portugal isn't ok and as recently as a week ago we were told they were going to need a bailout so this is the third time and i'm wondering how long before the market says ok that's enough i don't think wall street per se is responsible for portugal there were a lot of allegations that wall street banks were writing derivatives in greece i don't know that we are really got to the bottom of that before chicle is just simply a matter of we're spending more than we're making which incidentally is what we're doing united states as well and finally people are throwing up their hands and saying we don't think we're going to get paid and that's where the problem arose comes from i think the primary thing to consider is credibility because that is all a government or an individual or a business has and when it's lost it's very hard to get it back so we have gone down this road now for four years where we have made claims and we can fix this with quantitative easing interest rate cuts and all of the oth

that portugal is now asking for a financial bailout from the european union are critical we have any details on how the other markets are reacting to this at this point. well rory. we had a hand over rory shares in your bro's news especially shares of the portuguese banks and we'll have more on the figures in just a moment and and when we look at the markets but first we go to two other stories hello and welcome to our business bulletin now the liberalization of the european gas market has come in for sustained criticism of moscow's international forum the e.u. is urging russia to join the so-called third energy package of the new regulation gas suppliers will have to give up control of a pipeline in europe and artie's within a quarter is the forum and she joins us now hello do you know why there's so much sort of say hostility but for a. while kareen i actually know one hands of the international and you foreign which is taking place right behind my back is really happy with the recent european union legislation over the gas transportation system now the third and he package which w

portug havborrowing cos d could not stain >> its a sad day f portugal. >> it . we thoughteould manage for ourselves. >> t big queion is not so much wt the size of the ilout fundill , but what nditions might be attaed. what furthe spending cutand ustety mightbe demanded? rememberthiss a country that is still in ression. >>he uk will be exposedo t pouguese bail out becaust backs the eopean emergency fund to hp countries in difficulty. ai willbe in the form loan guarante. the uk wilnot aually hand ov any money unless porgal goes bus so inortugalsay e austity msures only make matters worse. e chcellor of the excheque day said it shod be a wning toritain. >> firstgree and iland and toda prtug. theyre all countes tt did t coinced of world that the could y thr debts. two othem are cntri with smaller budget fici than itai now a of them ar bng bled ouat he costs to their populations. >> in portugal, there's anoth problem. there's on a caretaker govement electis ar sll wks away. who wl the negotiate the tes of a baiut simpoant t this country andts independen? >> porgal ru

it is deceased is is it is it still in a convoy survived plans to be allowed to get straight in portugal sparked anger among europeans concerned that strong economies are once again forced to pay for others to prop up the eurozone. the cost of protecting russian wong's against nonpayment falls goods laws since two thousand and eight as high oil prices pose the country's foreign currency reserves details coming up in our business both on and president's. visit r.t. coming to you live from moscow i'm marina joshie welcome to the program the friendly fire of a nato airstrike has killed at least five and to get off the rebel fighters in libya some sources suggest it may have been dozens and that will only add to the criticism coming from the opposition who say the alliance is not doing enough to help them and for those countries who were pushing for this operation three weeks ago a very real chance of a stalemate looks likely to bring some grand ambitions crashing down they all bushell reports from france. france was among the first countries to push for a military solution in libya but now

we don't have a duty to play allowed portugal we didn't have a duty to quell our island we made seven billion pounds worth of welfare cuts and then we gave seven billion to ireland go figure that there's another and now spain's going to go the same way and our lousy coalition government won't give the british people the right to have a vote and you know the reason they won't give us the vote because they know that seventy five percent of people in a recent e.u. referendum campaign and congress poll said they want to get out of this expensive undemocratic club and the euro is going to crash and burn spain will follow portugal and i say not a penny to portugal not one single penny one single cent one single euro it's nothing to do with the united kingdom we want our country back thank goodness we never ever joined this madness how can you link the economy of an economic powerhouse like the united kingdom or germany with somewhere like greece should you know well the answer is you can't and it's failed and the sooner it collapses level that's out we're having a referendum on may the fift

and i say no to carry to portugal not one single penny one single cent one single euro it's nothing to do with the united kingdom we want our country back thank goodness we never ever joined this madness how can you link the economy of an economic powerhouse what the united kingdom or germany would somewhere like greece if you know well the answer is you can't and it fails and the sooner it collapses lets out we're having a referendum on may the fifth on the alternative voting system that's not a referendum we need the referendum a need in our great country is it straight in or out should we stay or should we go should we say to you and the british people went out whether we get the referendum no it's kind of becoming irrelevant because this currency is doomed the old country python sketch you know this power it used to cities to cease fire is no more well let me tell you this currency is dead it is deceased is is it is extinct it can not survive spain will go next. well coming up for your out see it's not just europe that's in trouble. the u.s. well looks at the river as the u.s. t

commissioner has announced that portugal would need about one hundred and ten billion dollars to stay afloat after greece and ireland it's now the third nation to seek a financial lifeline from its european neighbors with fears that spain could be next and according to john court of the e.u. referendum campaign eurozone governments are oblivious to the strength of the opposition and their drive to preserve the trouble here. we don't have a duty to portugal we did not a jew should plan our island we made seven billion pounds worth of welfare cuts and then we gave seven billion to ireland go figure that is neither and now spain is going to go the same way and our lousy coalition government will give the british people the right to have a vote and we don't know the reason they won't give us their vote because they know that seventy five percent of people in a recent e.u. referendum campaign and congress poll said they want to get out of this expensive undemocratic club and the euro is going to crash and burn spain will follow portugal and i say not a penny to portugal not one single penn

and as we've been reporting portugal has finally asked for a bailout from the european union the debt ridden country may need as much as seventy five billion euros rightly or portugal rejected financial help but had no choice but had to change. mind as the west think political crisis push polling cost to record highs if the third even but think of rescue agrees i have called bank i explained that contagion could spread further including some of the biggest economy i think the first question one has to ask is where is the credibility behind the projections of the european union and over here in america we've heard of stress tests we were told that everything was ok banks were turning around and buying this debt thinking that they were going to be backstop and now all of a sudden woops portugal isn't ok and as recently as a week ago we were told they were going to need a bailout so this is the third time and i'm wondering how long before the market says ok that's enough portugal is just simply a matter of we're spending more than we're making which incidentally is what we're doing in th

portugal is the thirdtateo have fallen afteireld and eece in spa next? taly what about the othe couries? >> the way the finciamarkets work -- once one of bal me everne lks to the next. ain the next - w one o themome down, everyone looks to the nt. spai ishe nt onin the ringine. the diding line is spain, and then posbly aly. 's the contagion read spain, which is europe's fourth largest econo, weould have a ll sal -- full-sce isis >> indeede might. thank u for joining me. tha you. and thwor's most corful politian. thtrial of thetali prime minister silvio blusci officiallyot undery. is alleged to have had sex wi andnderge -- an unrage prostutesnown as "ruby the hrt-stealer." dunton knedy -- duncan nned has th report. >> the 74-year-old pre minister iaccud o payina 17-year-ol prostitute for se hes also chargedith ing his powe t get the police to release e teenagefrom custody. thteener is known as "ruby." now8, she ahe prime minier denied that they had se she said that she went tor. blusci because she nded help. the prim miste sid h believed tt sh ws 24, and

and i say not a penny to portugal not one single penny one single cent one single euro it's nothing to do with the united kingdom we want our country back thank goodness we never ever joined this madness how can you link the economy of an economic powerhouse of the united kingdom or germany with somewhere like greece you know well the answer is you can't and it's failed and the sooner it collapses let's out we're having a referendum on may the fifth on the alternative voting system that's not a referendum we need the referendum we need in our great country is it straight in or out should we stay or should we go should we say to you and the british people won't out but whether we get a referendum not this kind of becoming irrelevant because this currency is doomed we all want to part in sketch you know this these to see such power is no more well let me say this currency is dead it is deceased is is it is extinct it can not survive spain will go next. coming up there are three more financial trouble across the atlantic just. one of the country's top credit agencies telling the feds s

and i say good riddance well remember as greece and portugal and spain. were being downgraded similarly by s. and p. and fitch and moody's and it was the credit default swap the c.d.'s that was that the indicator to the global markets that the debt of these countries was being attacked well zero hedge tweeted something very interesting about the gold price soaring gold is the new us c.d.'s it has been for ten years and gold started to make its move in two thousand when the internet bubble burst and the fed came in with lower interest rates to see the housing bubble this is when the gold and silver vigilantes understood that ben bernanke and greenspan were not operating in the interest of the greater economic good but only in the very narrow interest of the top one tenth of one percent in the united states who by the way they just got another huge tax cut they just got another huge wealth increase and the divide between the top one tenth of one percent in the bottom ninety nine percent has got an even wider well if gold is the new u.s. c.d.s. insurance aga

felt across the you because the storm euro skeptic troop feels could lead the country to veto the portugal bailout which is now being discussed in this minute so let's go to finland. i want to talk to you ladies the research director at the finishing of international affairs so we're seeing some a major shift to the right here in several areas of europe let's talk about it so recent election results in finland what do the major gains made by the nationalist truth and what does it signify to you. well it's a very difficult situation for the government because she ations here in finland because we have a multi-party system here in finland i mean the government parties who won the election they have to form a government for finland and now the major parties are all four of them they all have very different views on the issues related to the european union and the reason. treaties. policy is so this means that these three things negotiation will be very difficult difficult to go ahead but let's talk about this you know you talk about the policy here the bailouts in lisbon we know that the talk

and portugal bemes thehird cotry afr ireland and greece toeed that finaial feline. om enomic turmoil, in syria,ne cy has been the focapoint of government protest. least 23 pele were killed by rio policesingive amniti. demonsatio broke out across e country areust week afr th psident coider some rormso stopshorof liing the emergency law. fr damascus, w ha the latest. >> mor violenc, secity foes klingnti-vernment protters. the cityas been a focusf unrest foreeks a security crackdo lefmany de. the govnment denied it was theiforces the fired day these picres from rian television shothe alleged gang firing. many resints o spoke tsay itas t security forces that shott them. [inaible] they have been calling for the same thing. freedom. demonstrators tned angry, these pictur are belved -- nintelligible] the president hasn't en see much sce thenti-government protesters started. when he did make appranc parlment, he disapinte he plic by offering close nothing. he has made some conssions nse,ut they d't seem to be addrsingheir demands. the stres arfilled with anrnd hamas is bein

the new caretaker government in portugal is sticking. the budget deficit will be down 2.46% of gdp. >> as the u.s. debate its future role in a libyan conflict, defense officials in washington have slam the brakes on any prada american participation. defense secretary robert gates says there will be no ground troops in the as long as he is on the job. guay to sketch out a largely limited role for the country's military. he also said that some other country could train the rebels trying to oust muammar gaddafi. fighting between rebels and muammar gaddafi's troops continues. >> their attacks failed and hours later, rebels are forced to retreat. despite almost two weeks of u.n.-backed air strikes, the gaddafi regime is far from won. the u.s. defense secretary said his military would not provide rebels with training. >> in terms of providing the training, in terms of providing assistance to them, frankly, there are many countries that can do that. that is not a unique capability for the u.s. and as far as i'm concerned, somebody else should d