bissett you asian in egypt has cards there are no conflicts here any conflicts that exist or in western easier and not here the people in okinawa think that the strategic value of these bases has diminished but the us goes to the out of the war . but with china growing stronger as a geo political force in the region and the instability of north korea still a concern it is likely that the united states won't be leaving okinawa any time soon sean thomas r.t. okinawa japan. europe today and with every story short. i live in a country that don't understand that there's more violence in the streets of this country than there are in the streets unless you can ascend to baghdad.

then. there's the young man breaks or. the buzz of the first. version of the. crowd gathers room a real man down the street with a gun. when the news is not enough. when it's something really crucial when you want to get down to brass tacks when we bring in special coverage. this time the latest news from the normal policy forum live broadcasts special guests discussions on the way to the modern state in providing security and stability on the present day world.

i. will continue to update you on our breaking news story here and i'll say at least seventeen people have been killed in a car bombing at a market of russia's volatile north caucuses region over the hundred others were

injured in that time in the republican north a city where an official day of her morning has begun three suspects so has been detained while security has been tightened the cost of return. on following that taco have spoken to a number of eyewitnesses those who were either in the market or one of the car bomb exploded already live nearby and a local told one local told us she has suddenly become he's a living in fear. streets have been cordoned off i live in the city to sense here he heard the blast i couldn't tell where it came from he learned from our neighbors that there had been an explosion at the market naturally i did not let my child go to school and heard that there might be a second glass this is often the case we are living in the tinderbox people are being evacuated from the building and i cannot answer it i don't know is he waiting for me i cannot reach anyone the connection is poor it's impossible to dial a single number i cannot even get through to my own home basically the situation is

very difficult it's impossible to get used to it but we have to live with it. and islamic leaders in basra have criticized that talk claiming it was deliberately times to cause a maximum insults to muslims will get over the should this act of terror is an attempt to scare the people and is aimed at the denigration of islam as a religion of the uk with muslims around the world and in russia has there been waiting for the end of the ramadan and these people are just carried out his attackers wanted to overshadow people's feelings ahead of this holy celebration and they have succeeded in doing this in northern syria because it's now in mourning and these people misbehave what they've done yes you know what i mean you're going to the security analysts said xander sivana says the militants behind that links to al qaida and to take a hold in the region. i see this is this just if that's the science it's theories and actually. the snow is lidia's us.

all to a list and in fact they are atheists too just stimuli so the situation still says at inception asia their choice thanks to severe security steps first of all and they're trying to show that's the stuff they have ceased and they will still fear attempts to destabilize the atmosphere here in russia and essentially just well will. and the political acts that and as seen change will they and then to go slow the magazine looks in linux as the terrorism behind the tide had a bigger agenda than just wreaking havoc among the people we're dealing here with is i think a sustained and determined effort on the part of some to create political instability . on the eve of a presidential and parliamentary elections to which roger is moving very fast. and i think that this is impossible without money hondo systems from from outside of

russia. all schools and kindergartens were also evacuated in logic of cars after a telephone warning claimed one of them would be bombed and andrei mortaza of the ria novosti nis agency says the day's events show the terrorists have been waiting to seize that opportunity. up with i think terrorists want to seek revenge for the beslan school siege during this year's commemoration events the security forces were on high alert so no terrorist attacks were carried out now security measures have been slightly weakened the terrorists protect people i'm almost sure that extremists are behind this blast probably with foreign support but of course we can't say for sure which organization is behind the attack the terrorists which blew up the car just want to destabilize the situation in the north caucasus and discredit the current leaders in the area they want to show that the state of florida is our feeling to provide stability in the region. victor come

a shadow from the international federation for peace and conciliation says the fight against terror can only be won with an international effort i think that all the people politicians the military the security forces they have to think together to get their village a civil society and build the spiritual leaders of the to understand what is really going on it's necessary to really unify the efforts in the in the country first of all and also it should be aerial international cooperation in the fight to give the reason because this is not only the local roads which creates the opportunities for this struggle in confrontation but also it has an international order to it and just to recap our top story this hour a powerful blast the rocks this southern russian city of the deck of cards on thursday morning at least seventeen people have been killed when a car exploded near the central market in the capital of russia's republic of north of sets here a cessna thought was believed to have headed out at that time which also injured

over one hundred some of them children three suspects have since been detained and this is the latest in a number of terror attacks that have shaken verdict of class for over a decade the deadliest which claimed more than victim lives. and we'll be keeping you up to date with the situation in riddick of cans of course but let's not get the latest business news with kareena. how are welcome to business i'm queen malakand because i have you with us russia ranks sixty third as a competitive nation according to the world economic forum that places russia roughly in the middle of one hundred thirty nine countries on the list data space for unmeasured competitiveness in twelve different ways among them education labor market efficiency and innovation so it's all learned to first place followed by sweden and singapore and russia's credit rating outlook has been upgraded to positive from stable by fitch ratings the reasons for the boost are exhilarating

growth of stabilizing banking industry and a flexible exchange rate policy from the central bank which said it may further raise russia's credit rating if the government reduces the country's vulnerability to swings in all places. politicians at least in some countries have given up the pretense of economic recovery president barack obama this week called for another round of public spending to prevent a slide into depression but the debate has finally balanced with others in europe determined to cut spending and bring down deficit's they believe that our lives. they're at the bottom ones to tepee another one hundred eighty billion dollars into the u.s. economy after a data suggesting the economy from house prices to jobs is shrinking again given his mood is debating whether more spending will end a decade of contraction in the land of the rising sun the russians to face a choice for the next few years we seem to be spending. we see

a combination of private increase spending which we believe. i believe to be private capital will return to russia over the next twelve months in a meaningful manner secondly we do see increased spending from the government as well combination of two should be the base we believe to be five to six percent growth over the medium term the government plans to borrow more money this year but also spend their means of this to build zeeshan fund domestic is already accounts for sixty million dollars and russia will be ready to issue your bones in november according to the finance ministry. will be boring a lot in any case a deficit of three point six percent is anticipated next year we also focus the twenty twelve deficit will be three point one and two point nine to twenty thirteen the current situation has forced us to borrow and we will be spending from the reserve fund next year. the reserve funds have shrunk to

a third of their former size when that runs out at a little hole in the russian budget unless the government can pump up its moorings or one buyers for every inch of state companies legs bear. and with presidential elections less than two years away one alyse politicians we spending cuts off limits you need to do a business or two most. plunging interest rates of lead to a three four rise in borrowing on the syndicated loans market by russian companies corporate loans have jumped to twenty billion dollars from just under seven billion dollars a year before for example local took an unsecured loan this year is about one percent above its a bank rate last year a similar but secured loan by the same company had an interest rate four times higher than. the russian markets ended in the black on thursday with the r.t.s. finishing up of wind a half percent and the last six just over

a percent across telecom was the biggest gainer all of my six up over five percent banking and energy shares were also high with the t.v. gaining three percent all the r.t.s. shares of spare bank of lukoil finished up two point four percent. gazprom will boost investment by thirteen percent in the final months of two thousand and ten it will take the total sum for the year to about thirty billion dollars the money will go on keep gas transport projects plants and russia's far east along with the north and south stream pipeline projects. now look out the rest of thursday's company news el dorado russia's electronics retailer says it will exceed its profits forecast this year helped by the opening of four more stores the group's vice president of marketing says the company wants to become a leader in europe. goal over the next three years is to become the best in europe in the next couple of years we're going to rebrand the whole chain we've managed to

recover and regain the confidence of both consumers and banks were quite profitable and we've announced four percent ebit dollar year to date but we still have a lot to do we began the year with one target for profit but it looks like we'll exceed it but at least one and a half times also us to nominate his chief although during past go to the board of noise the extraordinary election is shadowed for october twenty eight the votes being repeated after accusations of cheating during an earlier vote the two principal shareholders who saw an interest have competed for control of the board a list of candidates will be submitted on september twenty first at the latest. sperm bank could offer a four point six billion dollars loan to rosol this month banks have had one graft all reporters in the us lot of the other we have giant needs to refinance is debt to have national bank graft has also announced that the privatization of nine point three percent stake in burbank won't happen this year turning to its operations he

added that is very bank expect its retail loan portfolio to grow ten fifteen percent in two thousand. that's all the update but you can always find most always on our website at r.t. dot com slash business. oil is. going to lower and middle america. this is tree still keeps its secrets but

now it's time to reveal the little the soviet files the count in case ever log on oxy. hunger for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers. more

news today is once again flared up. these are the images the world has been seeing from the streets of canada. trying to corporations to rule the day. sure is that so much citizen in the future calls you on if you live your lives it's an angry all pervasive right wing media particularly television and radio are enormously influential in the us for some. who live in a country that don't understand that there's more violence in the streets of this

country than there are in the streets of baghdad. just beyond breaching. the. crowd gathers the legality to look at. breaking news story here and all see at least seventeen people have been killed in a car bombing as a market in russia's most non north texas region more than a hundred others were injured in that time in the republic of north assess here but a whole day of mourning has begun three suspects since been detained while security

has been tightened across the region. and we'll bring you more on this story in five ten minutes time but first he spoke to the award winning british historian and economist robert skidelsky says that russia and europe should form a military alliance to face global threats that's coming up next here. lord skidelsky member of the british house of lords award winning historian economist and an expert on russia is here with us today thank you very much for joining us this group or skidelsky your recent book keynes the return of the must step out philosopher and economist john maynard keynes received several awards how relevant the economists feel today i would say they were very relevant in three respects first of all he explained how we got into this mess this crisis in two

thousand and eight two thousand and nine secondly he tells us what we ought to do about it how to get out of it and thirdly he tells us how to avoid how we can minimize our chances of getting into another one and i think no other economist does that he was the greatest economist of the last century in one of the articles you said that europe was declining economically and politically why is this happening and what are the signs of the crisis well of course europe's been very badly hit by the recession and it's got very high unemployment but beyond that i think europe is in decline it's it's weaker than it was. population is it is not expanding and. others are it's been affected by the rise of asia and particularly the rise of china so if you think back to one hundred years ago europe was the center of the world now of course it's not and

it's much much weaker than it was and partly it has no unity there's a european union but there's no european government and till they get european government they're not going to play or be able to play a major part in the world the world of. the collapse of the greek economy has impacted the whole of the european union. does this mean that the e.u. is vulnerable as a groupie well of course it is because it was based on the idea that everyone is progresses at the same rate well if there are some weaknesses. in some parts of it it affects the whole lot because it means that the exchange rate is weaken and it also means that some countries like germany have to bail out other countries so if anything goes wrong in one part of the union it's the responsibility of other countries and they didn't think they were going to have to assume those

responsibilities so i think the greek the greek crisis has impacted the whole of the union immediately immediately it. created a crisis of confidence in the europe germany and france want there to be consequences for the countries which ran up excessive deficits like greece is this a necessary step well of course i think people have to countries have to be have to live within their means so to speak and not spending extravagantly but when they talk about consequences for greece they also have to consider the consequences for greece and other weak countries will have consequences for them i mean if if if they cut down on government spending in the mediterranean countries that will mean less demand for german exports and so it will impact them it's not just consequences for the for the weak countries it's consequences for everyone so i

think they have to be very very careful in wanting greece to pay the price of its extravagance because in paying that price the germans will also have to pay a price they're the strongest country in the your opinion and from such as well and what are the countries which could be potentially some. gypped to these matches greece italy spain ireland. england. portugal they're all they've all adopted what's called fiscal consolidation policies they've all said that they're going to spend. the next over the next four or five years to balance their budgets again and i think that's going to have a very bad effect because i think it's going to slow down the growth of recovery will slow down the recovery it might even lead to a double double dip recession as it's called so you actually go down again so they're very dangerous times for the world economy over the next six months the german finance minister suggests introducing

a european want to treat font is this necessary is this a necessary it dition to the current system i think it would help yes i think that's the one good suggestion that's actually emerged from the crisis i think most of the suggestions have been terrible but this is a good one. because it mobilizes some resources that can be brought to help we countries in an emergency it's rather like the euro it's a regional version of the i.m.f. you know the i.m.f. countries can borrow from the i.m.f. on conditions but of course it depends whether they can mobilize the required resources on a permanent basis they have done it on a temporary basis so far on a permanent basis and what conditions they attach to lending the money if the conditions are too hard then i think they can actually make matters worse but it is a good it is a good step towards a government of europe even if that expenditure reduction is the key danger of the

current economic situation why is that and if so what can it result well i think expenditure reduction is a huge danger because it's cutting down spending the government in a recession the government is really kompany. for a decline in private spending overall the spending in the economy is less than it was and then private sector spending less government has to spend more that's the only way of keeping economies going and i don't know who exactly are some politicians that there is a crisis like the current one you have to pay people the money make them work even if you if you make them take the money and take them out well cain said cain said you know that you'll you'll you'll you'll get rid of unemployment if you if you dig dig holes in the ground and get people to fill them up again or if the treasury fill bottles with banknotes and milton friedman said the same thing helicopter

money would just scatter money over over the country and that'll get rid of unemployment no between serious the german economy is a very strong economy but it is an export economy and its exports have been growing why because basically because china has been growing very fast in the last year or so if china's growth. stops but gets less if european if european growth falters as a result of these cops everywhere if american growth slows down then the germans will not be doing so well and i don't think they'll be doing as well as they are now in over the next year i think they're going to face a moment of truth when everyone slowing down is going to be very bad for the german economy the german economy will slow down to you criticize the decision of the european leaders to withdraw fiscal stimulation programs which have been operating

over the last two years could this cause a slump in logic. i think i think it can i think the the with the withdrawal of the fiscal stimulus is very is very risky because it's been like a lifeline it's been a life support system. and everyone said oh really the big big problem is the hole in the government finances that they're that this spending much more than they're raising in revenue it's not the hole in the government finances that's the problem it's the hole in the economy that's the problem and you know if you if you deal with the hole in the economy the finances will get better automatically because revenues of the revenues of the government will increase and their expenditure on unemployment will fall so you deal with the economy and the budget will look after itself more or less i'm that's an exaggeration well leaving the economy to one side

and one of your interviews you set that russia could provide military defense to the european union under what conditions could this happen. well what i meant by saying that russia could support europe in security matters was that russia should become part of the european security system and i think the simplest way to have done that would have been for russia to become a member of nato which is i think something but in wanted when he was present them but they did they didn't want russia in but that would have been the simplest way but as it is russia should become a much more effective part of the european security system and not be outside because the european actually european military is very very weak. the very to military power in europe the french and the british the rest have to do anything really but this small and there's no unity. sort of

no agreement to create something larger and russia has a has a has has good military forces and they're becoming increasingly modernize and specialized to the kind of work. that military forces have to do today which isn't to fight huge wars. but to be part of a counterinsurgency operations peacekeeping operations and so on so russia could be a great asset for european security system and president medvedev has suggested a new security concept that would include russia and we should that we should take him up on that and really see well what we can do with it because all through russia is part of europe it shouldn't be outside it. let's get else king thank you very much for the time.

every month we give you the future we help you understand how we'll get there and want to bring the best in science and technology from across russia and around the world to join us for technology update on our g. eight goes up team has been to the our hangal speak. for the first russian fleet was. goes to the area which holds top position in knowing gas resources. where the biggest russian salmon can be our processing factories located . and where unique species of foreign fama can be found. the sun. should close up on our teeth.