by fire. while emergency workers in china are struggling to recover thousands of barrels of dangerous chemicals from a river in the northeast of the country the containers were washed from factories along the song river by heavy flooding but if not stopped the toxic substances may reach the russian border within two weeks so if earth reports from outside the chinese embassy. the chinese media reporting that thousands of these barrels have now been retrieved from the song. thousands more remain in it floating towards towards russia now of course the song was a subsidiary of the a moon river which it joins the a more in russia's far eastern territory and it would take on two weeks of these barrels to reach the now what we're hearing is that the chinese authorities are saying that that's unlikely to happen the barrels run likely to reach the a moon and they've actually pitted eight barriers as a preventative measure to stop them crossing into russian territory now this is

close happen with the flooding that's happening in china and that's the worst flooding that china has seen a familiar decade and this close around seven thousand barrels to be washed from the chemical storage facility into the soul river and around four thousand of the we've heard reports. of at three thousand containing this chemical substance the clean up operation now well underway concerns on both sides of us the about the potential environmental impact where any of these chemical substances leaked into the water say based on its monitoring this cleanup operation a very closely indeed. several teams are connecting the barrels along the phone who are rebounding but they're also monitoring the environment in the region so far no changes in the wood to quality have been detected at the same time russian specialists have registered new changes in the water quality for the past several days in the two nearest regions around the clock which is quality monitoring. and

at present there is no health risk for the people living in the area but we've heard that is posing no immediate threat to people's lives or health sciences have warned that the substances that are contained in some of these barrels of potentially potentially dangerous chemical substances and we've heard one of these substances is a clear flammable substance that if it comes into contact with human or animal skin would cause. so obviously there are concerns about those leaking now the chinese authorities again have said that the barrels that are in the water all the leak say it's certainly hope that that won't happen it's not the first time a situation like this is occurred in two thousand and five a chemical spill saw millions of people in china close off from the water supply you know when this incident happened there was some panic amongst chinese people buying up was concerned that that would happen again and in fact the authorities did cut the place briefly in china it's not certain whether that was the

maintenance or whether that was a response to the incident happening but that situation has now been as of this he said the cleanup operation now underway and everyone just watching that happening hoping typing obviously that no further damage is caused from the situation. or are you so forth reporting that now you're going to shrug worldwide fund for nature told to you the true incident can potentially have a massive environmental impact. feels like. a lot depends on how soon they manage to retrieve the barrels from the river we still don't know how much of the has a disputed area list still in the river even if only a few of the full barrels leaked toxic chemicals into the water no matter where this happens the effects on the rivers biological resources will be huge and extremely negative and if a few of these chemicals come into contact with a person's skin they should immediately see a doctor as for the urgent measures taken by the authorities because of the

incident the situation looks much better than five years ago when a similar incident occurred the chinese authorities quickly provided the necessary information and some high ranking officials are present on the scene but russia and china should definitely work more closely to prevent the high risks posed by the fast growth of china's economy which results in incidents like this. and that was you're going to shrugs from the russian branch of our worldwide fund for nature. well in another toxic spill situation with a tricky cleanup operation b.p. says it has plugged the oil wells in the gulf of mexico but the controversy continues the crisis has forced to be peace chief executive to quit causing billions of dollars in losses and the slick itself has yet to be fully removed from the ocean and there's now a heated debate over just how bad the spill will affect the environment some scientists believe the aftermath will be felt for decades all of them say the oil is already rapidly dispersing michael grunwald from time magazine says the problem

is being exaggerated. just about everybody has called this the worst environmental disaster the u.s. has ever faced and i went down to louisiana last week assuming that they were right there just doesn't seem to be a lot of evidence for that one of the scientists a type two so this is like a sunburn on a cancer patient so we don't know what we don't know and the long term impacts are certainly impossible to know right now but there's now much evidence that an environmental catastrophes you know the media has an obvious interest in kind of hyping these things to drive ratings and certain politicians are using it to attack obama or some politicians were using it to you know to try to promote the idea that we need to get away from fossil fuels but nobody really has you know that much of of an incentive to say well hey you know the data doesn't really seem to show that this is way as much as it's been cracked up to be what's important is looking

looking at the data you know i'm getting i'm getting a lot of heat a lot of backlash people are saying like this is crazy how can you make these premature judgments we have no idea what the future is going to hold we have no idea what the impacts going to be my response is oh now you tell us look at the last three months you've been telling us this is the biggest environmental disaster in history and now you're saying we have no idea what's going to happen so i guess i'm trying to put a little bit of lid on some of the. that's michael grunwald from the time magazine so let's get back to our top story now here on r.t. and more than twenty people who are being killed thousands left homeless as fires raged across central russia let's cross now live to our correspondent stacie difference who is almost asian for us so stacey you know in the past week or so we talked about over three hundred russians droning there trying to cool off from this heat wave now we know the agricultural sector is taking a massive hit during this drought and heat wave and now you doing with forest fires just tell me how critical is the situation where you are looking right now. hello

to you rory well just take a look at where i'm standing this destroyed house shows what can happen when record heat drought like conditions there is nothing here that stands out as to show what it used to be nothing here looks the same and the family that lived here got out ok everyone's alive but they came back today to survey the situation and they're heartbroken they're devastated of course they're happy to be alive but nothing that their own was able to survive this fire and these forest fires that have swept through central russia had killed twenty one people leaving two thousand homeless. you know we're getting similar numbers a like that as well two thousand people are homeless now because of the fires but tell me how are they coping. it's a difficult thing of course people that have survived are happy that they're alive they're glad that their kids made it out ok but there is this sense of loss a sense of hurt that families have worked so hard to amass things to make life

better for their families and then in one minute it's all gone so they're very very devastated we talked to several people about how they feel right now and this is what they shared with us. people using tractors. to risk you themselves from the fire and i'm not sure everyone has been saved. we're not getting any help whatsoever would desperately need more equipment we were using axes shovels salt just whatever we could get everyone who came to work everyone who had any equipment. all of. their tents and exploded after woman and children the way. tell us about. the forest fires now. well they're growing out of that so. just to deal with the fires themselves to contain them and put them out the have sent out two hundred thousand firefighters throughout central russia to get this problem under control and also you have but

still the emergency ministry is saying that that's not enough that they simply need more bodies here to fight this fire. that there has been a program set up to target a region that's been hit by these fires to hurry up and get temporary housing and to hurry up and get them. to their regular lives. has authorized an investigation to make sure that none of these local leaders are sitting around just not doing their jobs they want everything done orderly and quickly so that people can. because forest fires have sprayed and killed people destroyed and damaged buildings the central investigation committee of the russian prosecutor's office has instructed the heads of local investigation departments to assist the actions or

lack of actions. which have resulted in such serious consequences upon the results of these inspections decisions will be made according to the russian criminal procedure. oh i was. over the past several weeks not just across russia but here in the russian capital the temperatures. how much longer are they going to continue. yeah i mean the hate the heat has definitely been close to him bearable close to forty degrees celsius which is one hundred forty degree one hundred and four excuse me degrees fahrenheit the national weather service here predicts that this heat will go on for about a week more so the emergency emergency service is asking people if you don't have to go outside don't stay inside stay warm because you're not to stay cool because it's not just about the heat it's also about the air pollution so where if you have to go outside if you're an older person with health problems if you're a young person with health problems if you have to go outside they're asking you to

wear medical mask or states been reporting for us from moscow richard thank you well while firefighters are desperately seeking ways to contain the flames a russian test pilot says the answer could be artificial climate change russia has used planes to disperse crowds for special occasions and emergency situations aleksandar command cough claims that the method could help bring rain to help tackle the wildfires. influencing the clones may not really be a job for the air force radiation can provide a solution until we find another way regarding the chernobyl explosion crews hampered the rains and helped stop the spread of radioactive substances throughout the union this method could work in the present. well that was test pilot alexander talking with us here. well in germany there are fears that dangerous convicts could soon be living freely in the community it comes

as the country looks forced to scrap its practice of preventive detention prisoners likely to reoffend can be kept under lock and key even when their jail sentence ends but the european court of human rights says this is illegal combatant reports . shifty glances and nervous stares that's all we managed to see walter h. a murderer and sex offender now living in the german city of sabriel can he's got it all day every day by the least for policeman but he's escaped from his mind as before and locals are worried he'll do it again and seeing that is very dangerous for the people. in the area because they don't know that such people. such people as this close to them believe that the security and security of the. environment is a big hit good for him has probably only. from

the prison no money if you work in this building there's no police but since he's living here there's all the day police all the people in town are talking about. and now all the people don't want him to be here because there's a school next door and there's a kindergarten move mr rate should still be in prison under germany's policy of preventive detention it was designed to keep offenders like him behind bars even after a sentence was served because they were still deemed a danger to the public but it was a policy that fell foul of the european court of human rights which ruled the practice unlawful the german government argued it worked and defended it to the end it pushed him to fail of course there's a danger that a convict could stay in preventive detention for the rest of his life but to avoid this situation we have frequent specialist checks to assess their condition and he paedophile campaigner thomas brookman opposes preventive detention that's because

he wants longer sentences in the first place. last year another sex offender not given preventive detention was released back into his community a move that still causes angry protests today now these fears of being replicated across germany i did a few of these criminals we repeat such crimes again that's the worst thing that could happen and it probably will happen because they weren't put away others also think the new arrangements are less than satisfactory it costs far more to keep offenders under guard in the community than behind bars the german newspaper billed put the figure at twelve thousand euros a day compared to one hundred a day in prison a large price to pay when lawyers argue it hardly provides the freedoms of daily life if he goes into a shop and there's always two people following him if he goes to a doctor two people are next to him and that's that's impossible to have

a normal life michael ray burger is now fighting for greater freedoms mr h. the criminals rights are of little worry to most germans anxious about the safety of their own families people here are concerned about this man in their midst but it's estimated there could be a nice another two hundred twenty three dangerous criminals released soon across germany was that might ease conscience's in strasburg doesn't ease anyone's nerves here martin r.t. germany and time now to head off russia's the beaten path with our close up team. the kaluga region may be unknown to some but it's just two hundred kilometers away from the russian capital it's a center for scientific research but it's hoping to make a mark in the agricultural industry for years hectares of fields were unused and

neglected but now locals have decided that beef is the way forward with the help of american cattle breeder's the region hopes to supply the whole country with top quality stakes. in the culture of what has more. quaaludes sparkling possed. bright future from exploring space to feeding the whole nation with neat guides show tourists places where the inventor the role could leave but few know of the region's reach agricultural have it to require it and it's great because we have a barrier a very big open area of land to work with i mean need a lot a lot ahead hours per cows correct sure they have enough grazing area and space jamie says to better understand the needs of congress she may gins she's one of them and there's no when she would rather be them because the region in up some enough rain and enough snow to keep the grass growing jamie's originally from mount

dakota in america two years ago she and her husband eric moved to russia to help local farmers produce the best beef in the world. in america there's already been many families that have farmed who have raised cattle and their children understand how to do it since there are little it's been a difficult challenge at first we do not have the infrastructure that america does in russia right now but it is improving the first real cowboy in the history of calgary erika's out of the whole day looking up to cars and teaching locals so. no homo has multiplied genetics you're going to get over two hundred steaks out of this cow standing behind me but here rags could produce even more about four hundred embryos in a year which means a whole new form one russian businessman decided not to sell meat but to sell the potential the palm raises and his beef which will ultimately end up on the table at

stake but to feed such a country as russia the farm has to first multiplies talk to many thousands per russia right now imports one million. meat a year and high quality beef is just an unbelievable deficit because the primary source of be utilized in the in the food chain here is the very very cattle that are no longer used for milking they go to the meat plants it is not high quality meat. the farm turned from importing live cattle to importing frozen embryos multiplying is quicker and cheaper the first generation of russian born happens is about to appear soon but as the farm grows there's one problem still to solve the language barrier was our biggest difficulty i was in the local grocery store and i was just trying to buy chicken and i couldn't read the pack and to see where it was

and the lady at the counter thirty flapping and making chicken noises. about second the labeling of the beef brad and he's promised to be in several languages the farmers are convinced their russian produced beef will be of the finest x. board quality. of r r t from the color of the region time now for the latest business news here comes the funny. hello and welcome to the business bulletin hair on r.t. they say all secrets come to light russia's president dmitri medvedev has signed a law preventing insider trading the new look clarifies and defines concepts such as insider information and market manipulation amongst others insider trading is an offense in most financial centers but until now the law has never passed its first hearing in russia and it won't take effect immediately the rules come into force

six months after publication. and for more on the new regulations i'm not joined in the studio by mark's a good project partner baker and mckenzie thanks very much for joining me now what exactly is being regulated there are three areas of first sanctioning of market one occlusion circle the sanctioning of insider trading and through public publicity requirements for insiders so insiders will have to publish their shareholdings now if we focus on the insider trading how would that compare with similar laws in europe and if you look at the letter of the substance of it it's very similar to what you have in the west if you look at the level of it it's much more extensive a lot of details were glued to those who would have expected russia however a couple of details which emerged in practice in the west which will operate to lead to a situation that is also situations where you have conflicts of interest between people just imagine the state bank where the chairman of the supervisory board is

one of the same and he deals with. inside information to or from. the regulation going to be tighter than they are in europe. seems tighter and more bureaucratic the question is of course implementation and does it mean that foreign investors can now rely more on information flow in russia relying two sides the first is that they get the information second is that actually. information is disclosed the law regulates when information has to do disclose but it doesn't regulate which information has to be disclosed that is a questionable russia of corporate insecurities lore and it's also of price legislation and press practice of course but the law doesn't deal with those questions and they continue to be weak as compared to the west and do you foresee problems with the implementation in this country implementation in every country is problematic in germany we have years of disputes in controversies about

implementation of course you have. players who are not very interested in having this type of disclosure and limitation and specifically. state. in the country state the state taking the role it has in russia obviously will have problems. there will be say differences in how this will be implemented and why is this happening now why are we seeing these regulations come into force there has been pressure and the controversy about this law for decades already i mean. the controversy was exactly the one we dealt with earlier it was the question how much could you regulate information flow and how much should you. be in the international pressure for this law to be implemented both by investment funds and countries most disaffected germany has a little of intent between the german buff in germany banking supervisory authority and. air which is conditioned upon this low becoming in effect and there's

quite some hope. for instance germany will be become much more easy this letter of intent is in place and that is probably one of the reasons why this was speeded up and how soon will this actually come into effect as you mentioned there will be until the beginning of next year or two for the main parts of it to be implemented in the criminal law part of it will be implemented only in three years but there's lots of. it's to do until then and what kind of changes will companies actually need to make will it be a question of restructuring or it is not a question of restructuring the company as a whole but you will have to build compliance inside the compliance departments you will have to identify the people you will be treating as insiders and disclose information about who will also probably have to review your whole information flow and most likely you'll look at all the agreements between the insiders and your companies in order to actually deal with them in parallel just imagine you have.

infringed inside the regulations you come for him. so you have grievance which reflects what is in the inside the law and how will this affect the investment banking industry in russia i think limited to the investment banking industry you'd probably find that the majority of banks at least should be but in reality are already working according to the standards that we outlined before. i think the effects which are quite interesting the first is the way this is likely to be implemented is quite cumbersome so it will cost business you know russia secondly it may actually give a lot of backing to listings abroad and it may be very very much be that the proposition which is coming. it's all coming into effect actually it's not casual

coincidence that it comes together so probably dealing russian security is a broad broad become much easier max thank you very much that's very interesting that was max got back from mckenzie with the latest about the new year preview market regulations and russia. and it's time now to have a look at how the equity markets are doing and here in moscow both the bosses of falling echoing global trends on the markets banks are leading the signs on the right sex with the t.p.m. spread like wild and three percent of the sound and over in europe markets are also sliding into the red earnings related gains from several companies have helped to study losses but investors are anxious for low clues about the health of the u.s. economy for u.s. g.d.p. second quarter results are expected at least on friday. and not so from the business team for now but of course i'll be back with more updates for you in about an hour's time and you can always find most stories on our web site that's r t dot com slash business.

the state provided citizens with. when the government. might. write.

i'm going to be caring and hungry for the full story we've got. the biggest issues get a human voice face to face with the news makers. it is five thirty pm here in moscow you with your headlines now. in russia killing at least twenty five people in a record breaking heat wave homes have been destroyed and thousands of fled struggle to stop the flames from spreading. emergency crews work around the clock to recover thousands of barrels of highly explosive chemicals from before they reach russia chinese authorities say they. don't pose any threat.

living in fear many germans demond keeping. definitely the european court of human rights in the country preventive detention system is illegal. criminals remain in prison even after their official sentence has ended their only released when deemed no longer a threat to society. all right well up next we take you to the central asian country. to explore the ethnic tension that recently spilled into a violent frenzy that claimed hundreds of lives that's coming your way next right here on our. ranch has long been national colors one point two words and rather even man the same. on the national flag.