for us live from brussels. of course we are closely following the aftermath of sunday's elections and the protests that have been there taking place in russia's capital our you tube channel has lined up the latest videos all of what's happening but also find updates on our website on r.t. dot com and while there tell us what you think about the protests here in russia. this hour so far almost a third of you see it all as a wal-mart a bigger protest after next brings presidential election slightly fewer of us into the rallies and nothing more than just the dissatisfied people twenty one percent put it down to being the nature of the developing civil society and the rest of us saying it's politicians lobbying for attention well tell us how you see it all do you log on to r.t. dot com to have your say on this issue also still ahead for you this hour. the russian markets are flat today after yesterday's negative reaction was market analysis and business in about fifteen minutes. now the euro zone is facing immense

that brussels is taking the way and wrapping nations that's. the dilemma here is that each time we talk about it leadership from brussels it means that unelected people are to lead to countries unelected people to tell the voters what to do these governments around that have actually been elected are now under control by the bureaucrats here from a bus in brussels and if that's what we mean by having more leadership i will certainly refrain from that i would certainly say let's go the other way round we have now in europe governments that were elected that have been put under administration by the bureaucrats in brussels that not democracy that's not leadership that's a failure of democracy that's the downfall of the european idea here in brussels the only thing that's on the institutions mind is that they want to make this treaty change with as little influence from the member states as ever possible that's why we have this morning heard this of ramp or our own elected president claiming that now you can make these changes even without changin

say the hero was germany and france and pushed for a change to treat scenes and spawn in fears that brussels could strip away of the solvency of member states. now the euro zone's on the cross-talk table next as the panel also whether the current sea is reaching the point they were tough. hello and welcome to cross talk i'm peter lavelle averting hero dooms day germany and france agree in principle at least that fiscal union in the eurozone is the only way to avert the sovereign debt crisis and they are planning a new treaty to make it happen is this wishful thinking or a plan based on illusions. to cross-talk the year i'm joined by james mead way in london he is the senior economist at the new economics foundation also in london we have and peter for she is director of policy research in macroeconomics and in brussels we cross the jews than ourselves he is the president of the e s c steering committee for europe two thousand and twenty all right folks this is cross talk you can jump in anytime you want and i very much encourage it and if i can go to you first the december nine summit is com

as a way of solving the debt crisis is ahead of a summit in brussels where europe's a power plants are expected to agree on tighter controls on member states. of the eurozone is on the cross-talk table next as a panel asks whether the currency is reaching the point of no return. hello and welcome to cross talk i'm peter lavelle averting hero dooms day germany and france agree in principle at least that fiscal union in the eurozone is the only way to avert the sovereign debt crisis and they are planning a new treaty to make it happen is this wishful thinking or a plan based on illusions. to cross-talk the year i'm joined by james midway in london he is the senior economist at the new economics foundation also in london we have and peter for she is director of policy research in macroeconomics and in brussels we cross the jews than ourselves he is the president of the e s c steering committee for europe two thousand and twenty all right folks this is cross talk you can jump in anytime you want and i very much encourage it and if i can go to you first the december nine summit is coming up

has a way of solving the debt crisis it's ahead of the law in brussels with europe's power play as part spankie to agree on tighter controls all member states. across the table next as the panel asks whether the car is he's reaching the point of no you were tough. lowing welcome to cross talk i'm peter lavelle averting euro doomsday germany and france agree in principle at least that fiscal union in the eurozone is the only way to avert the sovereign debt crisis and they are planning a new treaty to make it happen is this wishful thinking or a plan based on illusions. to cross-talk the year i'm joined by james mead way in london he is the senior economist at the new economics foundation also in london we have and peter for she is director of policy research in macroeconomics and in brussels we cross the jews by ourselves he is the president of the e s c steering committee for europe two thousand and twenty all right folks this is cross talk you can jump in anytime you want and i very much encourage it and if i can go to you first the december nine summit is coming up and there is a ulti

brussels fassel top business has had a poll for more on this certain nick now that the u.k. has decided to opt out always seeing what stockhausen's want about a two speed europe and if so. what all the dangers of that well to a certain extent we've always had a two speed europe we've had the ones in the euro zone and the ones not in the euro zone now the disagreement they had last night just makes a complex situation more complicated the members of the euro bloc need to act in a concerted fashion to reduce the deficit and get control of that they need mechanisms in which to do that and they need the e.c. to use their structures moved to do that now britain can block the musing structures because they belong to the us a whole and is this the thin end of the where dollar we now going to see all the countries following the lead of at the u.k. and hungry to actually exit the e.u. or thought it and i think that for be a little bit dramatic i mean the e.u. is britain's biggest trading partner by far it wants of a successful euro but it is jealous of its sovereignty it doesn't want

for the latest from brussels, -- >> an end to the crisis. before the latest from brussels, i spoke to our correspondent a short time ago. i asked him if there was a chance of success this time around. >> there is a chance of success on the core of what german and french leaders are proposing. there are tough for rules to ensure that eurozone governments keep their budgets under control. i don't think that there is much chance of the summit in and drawing a line. what they need to do is keep their noses above water and persuade financial markets that they are moving in the right direction. >> andrew, we seem to have every few weeks a last chance to save the euro. is there a risk here that markets start discounting these kinds of summits? is it actually just more talk? >> i think the markets do understand that whatever each summit does manage to achieve, there is likely to be further work. it is equally possible. it is a very unlikely that anyone is going to bring sunshine, bring an end to the crisis. there is certainly every chance that the i

so serious that the collapse and the stagnation across europe and with all respect to our friend in brussels the fundamentals in europe are not good productivity growth everywhere including germany is being weak for years now you're looking at mass unemployment particularly among see young right the way across the continent you're looking at a deeply flawed. situation with the institutions that he used level the conflict between monetary policy and fiscal policy which is now desperately trying to be resolved the massive imbalances of surpluses in the northern european countries matched by deficits in the south this is a complete mess and it's a mess that we're well i don't hold out much hope any of the european leaders are sort of shower now gathering on friday are really going to be able to resolve this i think more actually has to happen is something far more fundamental something really root and branch that will transform the european economy rather than just sort of tinker around to the top like we've seen for the last eighteen months or so ok we'll see who's going to survive the world t

it is the key question for journalists outside the summit in brussels. once again, readers are in crisis talks. standard and poor's has questioned the credit worthiness. in london, investors have not only started pulling money out of greece and italy, but europe as a whole. plans are in place for the possible demise of the euro. chancellor merkel told the german parliament that would be a fatal error. if the euro fails, europe has failed. the same message came from the monetary affairs commissioner in brussels. completed through much deeper integration, or we will have to accept a gradual disintegration. then the debate has moved on from how much money gemini is giving to prop up other countries. the very future of the eu is at stake. as the french president made clear, just ahead of the summit. >> never was europe so under threat. never was the danger that europe could implode so great. >> but with europe implode if the euro fell apart? away from the main summit players, we asked around and found that many people are taking a relaxed view. and if you ha

brussels. israeli missiles rained down on everything militants been hitting civilians the most for months ago elation of violence in the. post-election protests in russia make some western out with hate over russia not prizing the sentiment comes to a decade today. despite a positive subsegments all over the stock markets around the world the russian nosedives would be all c.e.o.'s down four percent of the end of friday's session all the latest analysis for you and twenty minutes on. a very warm welcome to this is our see live from moscow the year as future has been dealt a severe blow to eleventh hour talks in brussels with the u.k. refused to sign up to new treaties leaving the rest of europe to figure out a different approach than talks mean the core euro zone states will now make any further agreements among themselves while the european countries can still join in to work out budget rules and changes when it's cross live now to brussels we're all still sitting standing by for us tessa brit

else based on ideology let's go back to brussels or when one of the things that are being proposed is that something is called a debt break ok where you can actually start punishing countries that are not his keep don't keep their house and fiscal order it would be adjudicated by the european court of justice well who voted for them. well it is a part it is a part of the institutional framework but coming back on the word to reach it it uses an i say it the whole system can only survive when there is more flexibility flexibility in the labor market flexibility unique india economy and you see that there's economies that are that have adjusted themselves to more flexibility are doing far better than the others and they look at the program of mr moon to make them very who is very popular in italy according to wire is he is the older he's now working on a flexible isaac zation of the of the italian government and this will be accelerated by the james army's outlets james young man go ahead go ahead james. what is worst possible solution is flexibility that goes into this mess at least in

foundation also in london we have an pettifor she is director of policy research in macroeconomics and in brussels we cross the jews by ourselves he is the president of the e s c steering committee for europe two thousand and twenty all right folks this is cross talk you can jump in anytime you want and i very much encourage it and if i can go to you first the december nine summit is coming up and there is a ultimatum on the table the french and the the judge germans are saying to the entire twenty seven member members of the european union give up fiscal sovereignty or else is it going to happen and if it does what does it mean. well i doubt it's going to happen but the point is that it is not the answer to the crisis it's addressing the wrong problem it's really it's addressing a problem of fiscal deficits which are a consequence of the financial crisis and it is that which they should be dressing they're not looking at the causes of the crisis which is the broken global banking system instead they're looking at the consequences and trying to fix the school deficit and that's not can solve the p

that brussels is taking the reins they're wrapping nations if that's. the dilemma here is that each time we talk about it leadership from brussels it means that unelected people are to lead to countries unelected people are to tell the voters what to do these governments around that have actually been elected are now under control by the bureaucrats here from a bust process and if that's what we mean by having more leadership i will certainly refrain from that i would certainly say let's go the other way round we have now in europe governments that were elected that have been put under administration by the bureaucrats in brussels that not democracy that's not leadership that's a failure of democracy that's the downfall of the european idea here in brussels the only thing that's on the institutions mind is that they want to make this treaty change with as little influence from the member states as ever possible that's why we have this morning heard this around poit our own elected president claiming that now you can make these changes even without chang

that brussels is taking the reins and propping nations of the. dilemma here is that each time we talk about it leadership from brussels it means that unelected people are to lead to countries unelected people are to tell the voters what to do these governments around that have actually been elected are now under control by the bureaucrats here from a bus brussels and if that's what we mean by having more leadership i will certainly refrain from that i would certainly say let's go the other way round we have now in europe governments that were elected that have been put under administration by the bureaucrats in brussels that not democracy that's not leadership that's a failure of democracy that's the downfall of the european idea i think it's a shame to see that greece the greeks invented the democracy now they have been the first country to be put under administration because of this failed dream that was the euro so yes we do need leaders that they are bold enough to say the obvious that the euro has failed but that's certainly not going to be

-day the french president warns the single currency is doomed if states go gather under the brussels umbrella. and security concerns russia says nato is not ready to seriously work together on european missile defense and is new dressing moscow's concern. eleven pm thursday night here in moscow my name's kevin owen you're watching r.t. and first this hour president dmitri medvedev says a thorough investigation into sunday's parliamentary election is needed but called the rallies that followed a sign of democracy it comes as russia's prime minister suggested opening dialogue with the opposition while warning foreign powers against interfering in the country's political affairs peter all of the reports from central moscow president medvedev has called for calm across russia and said that the new parliament should be allowed to get about the work that it was put in place to do now he did say that the final results of the elections that were held on sunday can. would be delayed to allow a full investigation into allegations of electoral irregularities to be investigated now on the protes

let's go to andrew walker in brussels. andrew, what are the chances that we will get something out of this summit? >> i certainly think there is a reasonable chance of success, the core of what the french and german leaders are proposing, some sort of agreement to have tougher rules to ensure that eurozone government's to their budgets under control. i do not think there is a chance of the summit being definitive answer, drawing a line under the crisis altogether. what they might manage to do, however they keep their noses above water for the time being, they will have to move broadly in the right direction. >> andrew, we seem to have every few weeks of last chance to save the hero. we have seen it all through the autumn. is there a risk the market stop -- start discounting these kinds of summits? >> i think the markets do understand that whatever be a summit achieved, there is likely to be further work involved. you can put it like this. is very unlikely anyone summit is going to bring sunshine, an end to the crisis. ther

that brussels is taking the reins and robbing nations of their sovereignty but the dilemma here is that each time we talk about it leadership from brussels it means that unelected people are to lead to countries unelected people are to tell the voters what to do these governments around that have actually been elected are now under control by the bureaucrats here from a bust process and if that's what we mean by having more leadership i will certainly refrain from that i would certainly say let's go the other way round we have now in europe governments that were elected that have been put under administration by the bureaucrats in brussels that not democracy that's not leadership that's a failure of democracy that's the downfall of the european idea i think it's a shame to see that greece the greeks invented the democracy now they have been the first country to be put under administration because of this failed dream that was the euro so yes we do need leaders that they are bold enough to say the obvious that the euro has failed but that's certainly not going to be the leaders of brusse

." >> brussels or bust. the stakes could not be higher as union leaders debtor -- european leaders gather for a summit. the vix, with a drag a global economy down with it? -- will is a drag the global economy down with it? >> [unintelligible] >> hello, welcome to "gmt." also in the program -- remember those ash cloud delays? the military technology that could soon be helping civilian aircraft. and -- ♪ >> sesame street as you have never seen it before. pakistan's version of the show, and to make children more open and tolerant. it is midday in london, 1:00 in brussels, where the final preparations have been made for the latest crunch summit on the euro zone crisis. with each summit, the stakes appeared to get higher. the french european ministers said that the euro could explode. the key issue -- should brussels have greater control over natural fund? -- national funds? the german and french leaders are finalizing their joint position. >> they are preparing for a better -- a battle royal in brussels. if th

brussels. let's talk to them in pain who's following all this with a keen eye the u.k. independence party the national ferrars was in brussels for snow thank you for joining us standing critic and britain the said no to tighter controls leaving us countries to sort themselves out really sure the u.k. is now being pushed further so it. well let's hope so because we don't want to be part of a political union we don't want to be part of an economic and monetary union what david cameron has done is to say look can we have some small concessions please president sarkozy told him to take a running jump and he's vetoed the treaty so on the face of it i should be cheering david cameron and say isn't this marvelous that a british prime minister has finally stood up and said something but of course the reality is that these seventeen countries are determined to press on with this euro project a mistake them though i believe that is actually leave britain now in a really difficult position because we're still members of the union we're still bound by all its legislation and yet wh

reporting for us live from brussels. nato is refusing to take more security concerns into account and isn't ready for a serious corporation on a missile shield in europe so says russia's foreign minister after russian nato meeting in brussels when all of the talks rose sighs admitted that no progress has been made lavrov said nato should understand that russia cannot show allies radars and missiles to be able to cover most of its territory and that needs legal guarantees the issue is directed at is something need to refuses to do so we're very general anders fogh rasmussen said the alliance did take russia's concerns into account but that's not the impression moscow is getting. if we were invited to call great would like to be able to discuss the terms but we're told that no discussion is needed because everything has been decided already and we don't need to worry and when we say that there are things that can surface they give us the same reply over and over again so don't worry if the shield isn't directly against you

leaders in brussels suffering its first step back britain and hungry refused to accept treaty changes leaving the rest of the club to work help their own currency saving solutions live to brussels now all chorus of that has asked syria tessa america the night of intense talks there in brussels clearly there's going to be no unified solution. yes well the marathon and i think it's still to come as they continue with their talks in the scoreboard right now is seventeen plus six that means the seventeen a euro zone countries plus six of the navi euro members are for this accord they say they will come up with a fiscal compact fiscal agreement however britain and hungary have refused to come on board and it's sweden and the czech republic said they will have to consult their problem it's a clearly no single unified agreement yet but coming into this this was rather expected i mean considering the last negotiation of the original lisbon treaty it took eight years to come up with an agreement on that so coming into this the leaders had had backup plans a plan b.'s merkel and sarkozy had sai

brussels. well the summit has been called a do or die moment for the year u.k. . nigel farage says in order to save the single currency in european states will have to sacrifice their sovereignty to brussels. i think of a next twenty four hours the seventeen politicians not peoples will agree that they are going to push on that they are going to give incredible dictatorial powers to i'm elected bureaucrats based in brussels the markets will remain extremely nervous and remember that even the package they're talking about today will take until march to implement and i think in the meantime the eurozone in particular the mediterranean countries are extremely vulnerable indeed and i do not discount the a breakdown of the markets will overwhelm the whole euro problem and that the euro zone countries and the e.u. institutions will find themselves simply not big enough to cope with believe you me if we were to put this your aid package to the electorates of greece of portugal ireland this really of spain they would all say no because you know the better solution is to h

to fight for britain, i would be going to brussels to get a bailout. [shouting] under the proposal, under the proposal being put forward, labor would put britain in such a bad position that the tax changes would be written by the shadow chancellor. they would be written by the german chancellor. [shouting] >> mr. andrew tyrie. there's a wide view on europe's -- one can sense that since the response, will the prime is to take the straightforward message we tested european council to vote one thing, most likely choose in the house of commons would be the perception of a calculated assault from brussels? not even in their interest on the well being of u.k. financial services industry, and on the 1.3 million people in all our constituencies who work in the? >> the honorable gentleman is entirely right. of course, we want to see a greater rebalancing of our economy and we want to see more jobs in manufacturing in aerospace and technology but the economy that we inherited is very dependent on financial services. i do think we should at least celebrate the fa

is very very little democracy involved in brussels which is a kind of european dictatorship and what bothers me is that actually with we're already seeing this with greece and italy now run by goldman sachs effectively dictatorships as for what's going to happen the end of the week it's anyone's guess but i think we'll have another fudge these these big euro summit seem to me rather like press gangs where you've got a bunch of financial people just trying to bully our political representatives into signing on the dotted line or else. more news from around the world this hour a roadside bomb attack in southern afghanistan killed nineteen civilians a left a number of others wounded the blast happened when a minivan was hit by a bomb in the city of kandahar it comes just a day after the funeral of fifty nine shia muslims killed in twin suicide bombings a pakistan based extremist group claimed responsibility afghan president hamid karzai has vowed to confront the pakistani government over the bombing. in an interview with the us t.v. network a b c syria's president has denied all during

live from moscow the year has been dealt a severe blow at eleventh hour talks in brussels as the u.k. and hungry refused to sign up to new e.u. treaties marathon even talks left the core euro zone states making further agreements while all the european countries join in it to work out budget rules and changes let's get more now from our city he's an absence for us tess of germany and france have been stressing the importance of getting everyone on board at this summit it's not looking great right now so what next. well in view of the lack of a unified e.u. treaty including the all the twenty seven countries it seems like the direction it's taking is there will be a two speed europe basically those who are on board the franco german plan and those who aren't while the scoreboard right now is that it's seventeen a plus six or seven thousand euro zone countries plus six of the non euro countries are on board sweden and the czech republic said they will have to consult their parliament before giving an answer while the u.k. and hungary have been a staunchly against this now this is not un

he switched sides and now works for finance lodge in brussels. -- finance watched in brussels. but the lobbying that is going on is about damage control. -- financing watch in brussels. >> the lobbying that is going on is about damaging control. it is as simple as that. >> prevailing against the power of a lobbyist behind closed doors will certainly not be simple. >> when is the last time you looked closely at where your bank is investing your money? it is becoming hot property around the globe. private investors no longer a secure their supplies with agricultural products by buying the goods. these days, they go for the land grows on. depending on who you ask, 30 to 60 million hectares of africa's richest soil or already in foreign hands. for governments, it is an easy way to generate income. but local population pays the price -- the local population >> here in this village in northern mozambique, farmers have planted corn on state land. the state has leased land to european investors. the farmers say the investors are now occupying their fields illegally. >> when they came t

road to ruin the entire year resigns credit ratings are on the blog because leaders make a beeline to brussels for a last ditch attempt to salvage the currency. cutting back ties with guitar rationalised songs all resemble he's beaten by security forces internal hard apparently all to kremlin criticism of its u.s. backed starts on the arab spring revolution. a very warm welcome to you this is our see it live from moscow with me alice have it now with the final results of russia's parliamentary election still do you the overall picture of a brand new board of rule makers is already clear united russia party has secured the lead but the ruling group is seeing a significant drop in popularity that they're going to job that report. with almost one hundred percent of the votes counted the party has garnered just under fifty percent of the vote the communists came in second but third place by russia with liberal democrats on the fold police the three other parties failed to get the required percent of the votes needed to get seats in the duma now those not yet final but the results indicate that the

the french president warns the single currency is doomed if states don't gather under the brussels umbrella. and security concerns russia says nato is not ready to seriously work together on european missile defense and isn't addressing moscow's concern. in business tsotsi russia's largest power grid company scale start to trade in global both receipts on the london stock exchange more of the same twenty. nine pm thursday night here in moscow welcome kevin owen and first this hour on r t president dmitri medvedev says a thorough investigation into sunday's parliamentary election is needed but called the rallies that followed the sign of democracy it comes as russia's prime minister suggested opening dialogue with the opposition while warning foreign powers against interfering in the country's political affairs and similar of marty's peter all over in central moscow president medvedev has called for calm across russia and said that the new parliament should be allowed. to get about the work that it was put in place to do now he did say that the final result of the elections that were held on

in brussels for. initially there are expectations maybe they can come up with some sort of a semi solution but right now after the speeches made by. mark merkel and you commissioner burroughs so as well as. drug the expectations sort of went down and markets have been reacting to where the first of all merkel and sarkozy have been using the arguments over this is a make or break day the euro could collapse that if we don't come up with a solution by to morrow evening there is no second chance but on the other hand you can see that they are trying to rally support for their calls for those new treaty changes there are still those who who oppose having to rewrite the treaties and changing fundamentally the european union leading up to this day they were saying they want more punishment for repeat offenders they want automatic sanctions on countries that don't manage their deficits and they also want centralized power in brussels now that raises the question of whether sovereignty would be given over to

-day the french president warns the single currency is doomed if states don't gather under the brussels umbrella. and security concerns russia says nato is not ready to seriously work together on european missile defense and isn't addressing those concerns. eight pm thursday night here in moscow welcome i'm kevin owen and first this hour on our team president dmitri medvedev says a thorough investigation into sunday's parliamentary election is needed but called the rallies that followed a sign of democracy it comes of russia's prime minister suggested soaping dialogue with the opposition while warning foreign powers against interfering in the country's political affairs let's hear more from artie's peter all of those in central moscow. president medvedev has called for calm across russia and said that the new parliament should be allowed to get about the work that it was put in place to do now he did say that the final result of the elections that were held on sunday could be delayed to allow a full investigation into allegations of electoral irregularities to be investigated now on the

leaders summit on friday in brussels which could determine the feet of the single currency there has to be a quick and solid fix of this instability and political conflict on some kind of a common basis between especially france and germany in the next days or weeks or we're going to see a systemic crisis erupted out of this which would be i think to no one's interest yet more problems with us readings agency standard and poor's downgrade ing six eurozone members states why the markets are now so alarmed is that the market down me also include the two economic powerhouses germany and france there isn't real and see the huge of the eurozone as fiscal union centralizing economic control over sovereign budgets they blame the crisis on a lack of discipline with some member states breaking budget rules and running up huge deficits but some critics say this is precisely. the wrong approach. the members that have become part of the eurozone project are very much different from one another and cannot provide a common homogenous currency space that's what has become so obvious under the prese

the big question is if then brussels takes of this roster responsibility how much really biting and automatic power will it have to make sure that everybody respects those rules we had when the euro started the stability and growth pact with very specific rules on how large government deficits budget deficits would be are how high government debt would go both at the end of the day europe was unable to really impose its will and its rules on the member countries so we're doing more or less the same discussion now but the question is will we make brussels really an authority that has automatic powers to intervene and of course i immediately admit i sidestepped now the discussion on whether this is democratic which also is of course a very big one i forgive me for interrupting but there are many saying that there are there are major democratic principles just being thrown to the side here with brussels essentially choosing the new leaders of italy and greece as some might say sidestepping the whole basic issues of democratic process but if i may next week e.u. leaders are set to try a

jim boulden live from brussels. nina? >>> andrew, we're covering all sides to this particular story from the politics to the people directly affected by the crisis. and later this hour we'll be in greece, ground zero the euro zone meltdown, homelessness has been on the rise there for a number of months. as harsh spending cuts force people on to the streets. then we're going to be going back to brussels to talk to european council cabinet member richard corbett about the political divisions in the belgian capital. >> i want to go back to something jim was talking about there, the market reaction. we saw the markets here in asia negative. in europe they've been in and out of positive territory. investors are reacting not just to these divisions we've seen in europe and the deal being down but also to the fact there's been no real moves on finding a solution to the immediate crisis. now, hsbc senior economist fred newman says the markets want to see action on that front. >> it's clear that the political solution will take so

stock markets remain in misery as investors wait for an announcement from brussels. in asia, all the main indexes are down an american spy plane, iran says, down to the unmanned drone of near the border. violence at virginia tech. the site of the deadliest campus chuted four years ago. >> broadcasting here and around the world, this is newsday. >> make sense of international hello once again. about 15 minutes ago we received news that the european union leaders are still debating potential changes to the eu treaty, but the news is -- the non-zero nations, news at bbc.com/news. -- the non-zero nations, there are 10, -- that least 17 nations that use the common currency to go it alone. there are fears there could be a two-track europe with france and germany are leading the way. treaty changes are being discussed by the european council. they are trying to persuade the nation's they do not need to change the eu treaty, the protocols currently exist that would allow them to make changes to ensure the safety of the euro. we must stress that these, from an unnamed europea

in brussels. that is where european leaders have agreed in principle to a plan designed to steer the eurozone out of troubles. the leaders of the 17 countries in the eurozone have accepted stricter controls on their economy. still, germany hopes for a new treaty involving all 27 members. britain refused to sign up to the deal. at least 23 countries, including the 17 in the eurozone, have agreed that there needs to be greater coordination on economic policy. tough new budget rules tax and spending. britain has opted to stay out of the deal. it proposes new rules that will be placed on the financial services sector. in the short term, an extra 200 billion euros will be given to the imf. there will be a permanent euro bailout fund. for the very latest, let's go to our europe correspondent. it has been a very long night and the talks continue. >> it has been a long night and a dramatic night, of course. talks are going on. a range of policies. croatia joined the eu today. all the talks will be dominat

brussels but even if leaders do agree to rejoin the way the e.u. works treaty changes can't happen overnight something financial analyst michael ross says could see this summit becoming all talk and no action. every week we have a new emergency meeting every week we have new hopes every week we have new disappointments and in my opinion this e.u. summit will lead to nothing because i cannot hear anything with george which comes close to a solution the only thing that they are producing there in brussels is just to feed a catastrophe of rescue efforts and this will lead next week more or less to chaos catastrophe and collapse of the whole system possibly because as long as we don't have any solution for this you are a problem and we are short in time at the moment we rule from bad consequences in the coming future i think most of the politicians among this year or family don't really know what is on sick they behave like first class passengers in a titanic that is already sinking and what politicians say right now ok we have time nothing everything

s financial reins firmly in the hands of brussels. also washington is right to extradite people from the u.k. without offering evidence of their guilt leaves british i'm all for the abolition of the controversial treaty. it's allowed any of the russian capital you're watching our team when we were in a joshua welcome to the program russia has seen a post-election frenzy this week many of those dissatisfied with the results to to venting their anger in the streets and this culminated into the biggest opposition rally in the country's recent history but despite all of this predictions have passed peacefully well let's now get more on this from our correspondent. there he is all the way as rallies saw a record turnout is the display of dissatisfaction expected to continue. well we're in a matter of fact there were several main. main points which the prob with it was the protesters have issued a foot forth and they said that it's none of their demands or if some of their demands at least are not met they will come back out on the streets

in brussels. initially there for expectations maybe they can come up with some sort of a semi solution but right now after the speech is made by. mark merkel and you commissioner byrd also as well as you see the chief drug the expectations sort of went down and markets have been reacting to where the first of all merkel and sarkozy have been using the arguments over this is a make or break day the euro could collapse that if we don't come up with a solution by to morrow evening there is no second chance but on the other hand you can see that they are trying to rally support for their calls for those new treaty changes there are still those who who oppose having to rewrite the treaties and changing fundamentally the european union leading up to this day they were saying they want more punishment for repeat offenders they want automatic sanctions on countries that don't manage their deficits and they also want centralized power in brussels now that raises the question of whether sovereignty would be

well today is the day for the euro as leaders with the european union meet in brussels to try to find a definitive solution to the region's debt crisis a failure to come up with a solution say many could mean the failure of the eurozone and could set off dangerous economic fireworks and may have a widespread negative impact on the global economy as you can imagine this is a scene of high drama after all people leaders from twenty seven countries in one room seventeen of which are members of the eurozone there are going to be some different interests at stake the economy of the entire continent in some ways the entire world is resting upon what is decided here here's what's going on so far twenty six of twenty seven e.u. leaders have agreed they want to move forward with a plan that includes fiscal discipline and more regulations britain has decided not to get on board with british prime minister david cameron saying he rejects some of those new regulations put in place now there is still so much that's put on that still so much that's up in the air so i want to go now to our two corre

the greek pm locus poverty most expressed his support for a brussels centric. self he believes it's the e.u. is the last chance to correct past wrongs but patrick young of an investment firm devi advisor says e.u. leaders are simply creating an illusion of action. everything in greek has been devalued for the course of the last year or months well democracy as we all know is an instant greek world and that too has been quite clearly devalued over the course of this agreement i mean we are seeing here a curious kind of could change i mean france and germany are basically saying we know best we know how the euro zone should be run and this is what should happen not just might be a reasonable idea if their own behavior had actually been exemplary but for those who look back say a decade we used to have a thing called the stability and growth pact and the stability and growth pact said any person who has a budget deficit of more than three percent of g.d.p. will be strictly strictly told off for what they've done in the eurozone what do we find nearly a decade late

for all of the team here in brussels, the good-bye.

investors are not pleased whatsoever about what came out of brussels. that is it for the business news. back to you. >> we are going to stay with economics. german chancellor angela merkel is new to make an address in an hour or so. she will outline the main points of the eurozone treaty. a senior figure from the free democrats has unexpectedly declined. the general secretary of the party. it may be linked -- we are joined by suzanne, the bureau chief in london for the german public broadcaster. we have been looking at the absence of countries like the uk. questions in germany about the deal itself. >> yes, it's a very interesting day for angela merkel in the parliament. that move this morning is quite crucial for her. contrary to the british situation, the liberals in germany are far more right wing. this person wanted to say that he was hinting at a euro skeptic group within his party. german chancellor angela merkel has to face some criticism about what she is doing in brussels within the coalition. >> is there a possibility, given this move by the f

, i would go to brussels to get a bailout. under the proposals being put forward, labor would put britain in such a bad position that the tax changes would not be written by debt -- by our chancellor, they would be written by the german chancellor. >> there is a widespread credit of you on your tour of this house. -- spectrum of views on europe of this house. will the prime minister take a message that the one thing most likely to unite the house of commons would be a calculated assault from brussels, which has no interest in the u.k. financial services industry. >> the honorable gentleman is right. of course, we want to see a rebalancing of our economy and we want to see more jobs in manufacturing and aerospace and technology. the economy that we inherited is very dependent on financial services and i do think we should celebrate the fact that it is a world-class industry. not just for britain, but for europe. it is vital that we fight for it. there is an opportunity, particularly if there is a treaty, to ensure safe guard, n

brussels. and fukushima four tons of radioactive water leaked from the japanese nuclear plant that was hit by the earthquake in march with fears the toxic liquid may have spilled into the pacific ocean and. welcome says r t it's ten pm tuesday an idea of moscow my name is kevin and first with almost all votes tallied up in russia's parliamentary election four parties preparing to take their seats in the state duma it's clear the biggest force will be united russia or even though it suffered a significant plunge in popularity meantime thousands of people from all sides both for and against the election results have been gathering in the capital to voice their reactions borne that in a moment first of exposed to r.t.c. first has been following the final stages of the ballot. the overall makeup of the new do with the lower house of parliament pretty much clear now bring us up to date with what we know. well the last two days being counted the final results are expected and about four days time yet