protecting mineral riches moscow hosts the international forum. hundreds of politicians and scientists discuss how to preserve the arctic shelf before extracting its energy reserves. it's all about teamwork on the sidelines of the un assembly. nato says the alliance and russia need each other and should work on missile defense jointly iran is urged by the international community to resume talks we'll bring you all the latest updates from new york the head in the program . you present your own people you must be autistic dr no iranian president mahmoud ahmadinejad gets the cold shoulder. but some americans are questioning the protests and and campaigning against him it's a huge waste of money. the car industry is in the spotlight in the business but

it's seen as luxury car sales in russia and to new car plants open in some pieces but lots more in twenty minutes time. you're watching r t well straight to our top story now hundreds of politicians and scientists from across the globe are putting their minds together to decide the future of the resource rich north pole gather that the international arctic forum in moscow which is continuing into its second day of debate. is there for us. under those scalps in the arctic shell fly the world's largest and south energy reserves they were first discovered by a russian expedition back in two thousand and seven when the expedition set up a flag down the last of ridge claiming the country's right to develop those

resources but of course other countries surrounding the north for after that also wanted to get their hands on those reserves and this is how the whole race after them to get now to find out if it had exactly how much energy is at stake we can now watch this report by you can see now that. fifty billion tons of oil one thousand trillion cubic feet of gas that's enough to supply the entire world for more than a few years and it's just an estimate of what's hidden in the arctic sea bed the underwater riches of the north pole are a temptation for the five arctic states russia the us canada norway and denmark but how does one determine who gets the bigger slice of the pie so we're going to today we really need a national geography geography that would help us national interests. the territorial dispute tottered on the brink of conflict for years but lately they

need to fight it out seem to fade away in the arctic states the coastal states and take particular i've also talked about their stewardship responsibility that stewardship is in the interest of all mankind so at the same time there are expressions of national interest there are expressions of common interest and so really the balance is one of achieving national interests and common interests not just for the card states themselves but for the world as a whole the north pole glitters with possibilities and it's not just the arctic states that feel the pull of the region i was in the arctic in june and i was only five of the two thousand and six in the north pole and then also last year we all met with the arctic of the arctic region but represents a very important part of the world in a very fragile. environment in a fragile ecosystem that we need to protect the strategic interests in the arctic

is global once this northernmost part of the world is better explored there are only a few minor points where there are disputes most of this is undisputed sovereign territory there's a number of companies and i think in europe and i from like germany like you know i think kingdom and china and all those who are also very interested now in the arctic ocean some because of the shipping not because of the resources because of the potential for making a shorter route from a.c.s. to your divvying up the arctic is like walking on thin ice and the chance to tread lightly and work out existing differences is welcomed by. this is as close as most people will ever come to the arctic but its unique nature and vast natural resources are more than enough to entice one and all those attending the forum hope the enticement will help bridge differences keeping everybody on the same pole. catherine as our r.t.

moscow they are the region that is badly affected by the climate change and the lives melting icecaps they threaten to flaws countries surrounding the north pole so it's a major concern for everyone who participates in this forum as well as also on layers that dissolved over the arctic and of course where species and representatives of wildlife that need to be protected so it's not just about the money and energy and the participants of this forum are guided by the concept preserved before extract when the russian expedition first set up the flag down of the seabed of the arctic i said that said the woman also of rage is in fact the continuation over the washington area story but the un commission said that russia needs to presents more proof on that in order to get to develop those reserves and recently canada has claimed that this rage is in fact part of its territory challenging russia's bid to develop it so no decision has been made in that respect

yet but both countries has south have said that they are going to send official request to the un commission within the next two years in order to get a final response to gets to develop their reserves meanwhile recently washed and norway have signed an agreement dividing the borders of the area around the the barren sea in the veyron syria other between them showing with their example how these kinds of disputes can be solved diplomatically and this forum is all about diplomacy and about coming to an agreement with no military zation all of. the idea of developing those. energy reserves that lie in the arctic. bringing you more than ever exclusive coverage of the international forum in moscow throughout the day here ninety. well the way deemed psychotic and

dangerous that our member of a band of russian nationalists party managed to break out of a psychiatric ward and leave the country without getting caught. now the world's biggest political forum is under way new york tackling poverty hunger and other global issues as we'll see in a couple minutes it's the world leaders that america loves to hate such as the rain president who are stealing the show and nato sees opportunity to hold important talks a situation reports. one of the most important events of the day has been the russian nato council meeting where sides agreed that it's important to continue to cooperate and spheres like fighting drug trafficking in afghanistan security in europe and of course missile defense this is a very important moment because in the last couple of days nato secretary general has been saying that it's important for russia and nato to try to find a way to work in missile defense together to try to come up with a joint project the relationship between nato and russia has gone through some

rough patches ever since the georgian a setting in conflict back in the year two thousand and eight and of course the possibility and nato's eastward expansion but the secretary general of nato gave a press conference where he said that it's very important for russia and nato to continue building a stronger and warmer and more trusting relationship let's take a listen to what he had to see the joint review of the twenty first century common security challenges. call peroration on afghanistan. practical corporation in triton terrorism all piracy hopefully from my point of view as star controllers corporation cherry tauriel defense today corporation with russia in addressing the challenge is no longer just an opportunity to build a better relationship with russia it has become a necessity if we want to be effective in preserving our common security now

another important meeting that took place today was the five permanent members of the security council plus germany meeting to discuss the latest situation the developing situation with iran basically the five permanent members plus germany got together to assess whether or not the existing sanctions have been working and impacting iran's actions now the main idea that came out of the five plus one meeting was that the group wants iran to resume talks about the possibility of the go. as welcomed and wanted and it's interesting that it rand has hinted that basically it is open to discussions however we have to remember that iran and iran's president mahmoud ahmadinejad has really been playing a lot of mind games lately among other things that he has said is that iran is going to launch a war against the united states if the united states tackles iran's you rhenium facilities are other things that the mahmoud ahmadinejad has said that iran is open

for dialogue and then he was saying that this format of five plus one is not exactly the best way for iran to cooperate so really no details worked out yet but at today's meeting the five plus one try to come up with the next steps that they would take if iran sits down for negotiations. and is discussion of iran's nuclear program takes the floor to u.n. meeting in new york the media blitz against it has been launched and i have been the main target of the pricey campaign is president i'm going to charge him so well to these were important. i don't know just. call it a september tradition the president of iran visits but the apple. angry protesters school on his arrival i am going to do so because this. is the biggest area. and there are people being hurt there doesn't

represent the iranian people it must be honest to drive know right now to bill you need on show didn't is that it. or you'll be there mahmoud ahmadinejad may be the most hated guest at the hilton. but the world leader americans love to vilify is also the most visible face in manhattan courtesy of this organization united against nuclear iran a number of people don't understand the extent to which an egregious violator of human rights here is they don't understand seriously the dangers of a nuclear armed iran and the purpose of this ad campaign is to raise awareness of the specifics and we can only encourage people to take action again today new yorkers are surrounded by endless images of him sprinkled along second avenue posted along third pasted on phone booths and hovering over a million people here in times square mahmoud ahmadinejad has now become part of

the media map of the united states the billboard says he's not welcome here yet his face is being featured in more than two hundred ads posted throughout the city america's favorite dinner side by side with its favorite nemesis and eat them everywhere sort of like the enemy but not the enemy you know but yet we're honoring him by plastering this face up there an ad blitz highlighting the worst accusations against iran's leader has some questioning the messenger more than the message this is the kind of. dumbing down of our collective consciousness in this country is just going to keep getting us in trouble but we need to be educated about what the issues are. and the only way we're going to solve this issue with iran is if we look at the entire middle east and in demilitarizing the whole zone what we get missing from misinforms most people miss about what saddam what do you think there is nobody knows when we were. not so telling the cost of the

anti on the didn't campaign. you know we don't disclose our numbers for obvious purposes ad sales experts tell our t. that united against nuclear iran spent an estimated three hundred thousand dollars through the money be better off spent on home a speedboat forty thousand of whom remain out in the dark of new york city while the spotlight shines solely on one man. party in new york. with us to the head few in the program as the euro to help the crowed from the studio. finds out whether the baltic states is ready for the change. a former russian martial arts fighter with a history of violence and extremism has turned up in norway well to simply walking out of a psychiatric ward last month. was also a prominent member of a band and nationalist party is seeking political asylum sarah ferguson has been

following the story. he ran because he could no longer hide not long after his escape from the psychiatric facility in st petersburg. sic has emerged in norway where he handed himself paper to authorities asking them to grant him political asylum and that i think he's been. fighting with them there were a. day as well as highs of the last this part of the slavic. wearing a t. shirt with a swastika and carrying a loaded gun he turns himself and he makes a rat equinox calling for the ugly to die and praising his slavic god for a party members have openly supported him. when he called me several hours before that video was made and said he was going to turn himself in i replied that it was up to him he thanked me for supporting him murder threats assault and robbery and

an alleged psychotic breakdown placed in high security psychiatric can but after he transferred to a low security facility he made light work of escaping whipping up a wire fence or this hands he simply walked away the doctors a dissing him too intimidated to intervene serious questions have been raised as to how exactly a psychiatric patient managed to escape and make it out of russia without being caught but there is a little funny they tell us that he's totally insane and all he does a scream and in reply to any question however he managed to cross to borders and he brought his weapon along i know one member of the slav again who originally came from his because don he asked for political asylum and was granted a residence visa i'm not sure what will happen with the sick but anything is possible. now under arrest in no way the former fight his fate hangs on whether he'll be extradited back to russia to political asylum surf. see

nothing. of stone here is gearing up to become the first country from the former soviet union to adopt the euro it's being hailed by the country's politicians as an historic moment but with a single european currency on shaky ground many of stern ians fear that joining the club could lead to financial uncertainty tom barton has more. a day at the market an experience you live fears will become considerably more expensive the impending arrival of the single currency which now as a regular housewife i'm against the dutch you know the euro because with that adoption prices for basic groceries such as sugar potatoes and carrots who will go up on january the first stone it will become the seventeenth country to join the euro area it's taken years of economic reform and government spending cuts to get here we need to keep inflation low but this means also we need to keep

our salaries low and cannot have. high growth we need and that's why according to my understanding the timing of joining daryl's own is not a court but an exhibition to mark the euro countdown politicians and economists came together to convince the estonian public of the currencies virtues. as late as the spring of two thousand and nine europe was skeptical of a dystonia joining the euro zone but the attitude changed within half a year and people started to see a store near as a prospect maybe even a good example for the eurozone. however such tough measures are because it's tonia joined other baltic states in over leverage in their economies sacrificing long term stability for short term growth after latvia estonia became the second most severely affected e.u. member state in terms of output declining the severity of the just moment revealed

that the period of rapid output growth was to some extent also a period of imbalance growth and economic overheating despite a painful struggle to get it here this genyen government has brought the euro to its people's doorstep. but first only on more than other countries the crown represents something uniquely cherished by its people because of a short eighteen year. history independence both political and economic but i would like to start by expressing my appreciation for this story in chrome we should be proud of our country and our nation many estonians feel this mr alger but many also say they can accept its disappearance if the loss of control over their country's financial instruments really worries them the good of the new europe when we get the euro will be hostage of the stability or instability of the whole us system. meaning that paying for those groceries in a stone year could become

a whole lot harder tom bottom party. of the news now they are proud vice president has been wounded in a grenade attack on his house however fishel say alexander wasn't seriously injured the country's leader said the attack was aimed at destabilizing the republic. is a small nation located on the eastern shore of the sea in the early ninety's out of the collapse of the soviet union it fought a war for its independence with georgia and after the georgian set in conflict in two thousand and eight the country's independence was recognized by russia and several other countries georgia continues to consider part of its territory. russia has given poland more than twenty volumes of documents relating to the curtin massacre the papers detail the mass killings of polish officers in the country in the one nine hundred forty s. it's part of russia's fourteen year long investigation into the massacre thousands of people were imprisoned and executed in the forest miss million's russia and

poland had previously disagreed on the date and death toll of the events proceedings began in one thousand nine hundred moscow's official investigation ended in two thousand and four this is the second handover of materials relating to the case falling water source calls for legal systems. but now let's take a look at some other stories making headlines around the world. the un the probe has concluded that israel's raid on a gaza bound aid for two term a broke international law you are is ation said the violence which left mine activists dead was disproportionate but israel insists the soldiers were acting in self-defense happened after israeli commanders boarded the convoy is attractive brooch israeli naval blockade. around twenty people have been injured after two bomb blasts in eastern afghanistan it's reported that the devices planted at the roadside exploded while security forces were passing by among the injured are

senior officials as well as civilians the area has been cordoned off for further investigation. italian police have seized seven tons of a powerful military grade explosive which was hidden on board a container ship docked in the south of the country customs officers believe the cargo had been heading from iran to syria police are now examining the ships to confirm its planned route and final destination the type of explosive found has been used in several attacks blamed on the italian mafia in previous years. well for your previous latest from the world of business just opinions hungry for the full story we've got it. the biggest issues get a human voice face to face with the news maker.

hello and welcome to the business bulletin to new copland's operated by foreign companies have opened in st peters but experts say the high end and magna factories will have a significant impact on the development of the country's automobile industry prime minister vladimir putin officially opened both enterprises and promised to continue supporting foreign investors today how clever reports from st petersburg. it took russia a lot of effort and money to steal the car industry out of the crisis and that would still only to reap all the benefits some progress can already be seen as

sales of locally made cars a back to growth and global brands expand their presence the russian government is seeking to develop the domestic manufacturing base by ensuring local production of call components but. we will create more attractive investment terms in russia to make it profitable for foreign companies to work here we will also make sure the production will be of the necessary quality in volume to cover the demands of the internal russian market and provide good times for export abroad. st petersburg with its automotive cluster is seen as setting an example of how russia goes about further industrial development prime minister vladimir putin has opened the facilities of two more residents of this techno paulk the huge i plant which will be its first full cycle cup production enterprise in russia and magna all to parts factory intended to be a major supplier a car utility plant built by the canadian company will have an annual production

capacity equivalent to one hundred million dollars the canadian also components produce a silent supply agreements with him to a general motors that already work in st petersburg area even before its own blog has been officially opened with magnus enterprise the idea to localize full cycle call production in russia will finally become a reality. magnus crow chief executive officer believes russia should continue creating incentives for investors and says he's company is keen to open more plants and car companies having to somebody plants here will continue to grow which means the auto parts industry needs to grow so whether we have ten plants here and ten years or thirty points here really depends on what we're being asked to do by our customers and how competitive we are but it is very key growth. area strategy for for magna to grow our business in russia as much as sixty percent of policy for russian cut production can be made locally within the next six years the government

believes the increase localization along with more full cycle call factories will provide russia's all changes straight with a much needed shot in the arm at the. same. saying that the car industry sells of luxury models in russia one of the main beneficiaries has been a rolls royce as the company's c.e.o. explains to business. russia is for us one of the most important global luxury car markets in the world or we have tripled our sales compared to last years up to now this year we should see you this year increase of twenty percent of least for the luxury car market segment of course china is currently the russian market proper growth potential in a way of holdfast markets are developing you can see that more of us will the same level in china as you see that in russia but of course on a different level of the figures. now let's have

a quick look at the active markets european shares are mixed in early trade on thursday with some stocks recovering from losses in the previous session basic materials and telecom stocks are giving the docs at least the losses in financials i'm convinced can you see my services are dragging on the front seat. and here in moscow both the r.t.s. and the my six are still edging higher banks are making modest gains on the my sector bought energy majors are dragging if you call down three quarters of a percent on process shopping around top of. the world bank's private sector lending arm international finance corporation is to buy a fifteen percent stake in that creature financial for one hundred million dollars ahead of its i.p.o. creature is merging its commercial and investment banks into a single lender before a potential i.p.o. in early two thousand and twelve the brokerage plans to raise three hundred seventy five million dollars to fund expansion and acquisitions i f c already owns

a quarter of one of our teachers major shareholders but trotsky i have see has invested two point four billion dollars in russia its second biggest investment worldwide providing financing for banks health care agriculture telecommunications and manufacturing. russia's economy shrank by point four percent in august compared to the previous month after a seasonal factors were taken into account such as the record drought agriculture accounted for about sixty percent of. the decline for transport also showed low dynamics according to the economic ministry on an annualized basis gross domestic product grew two point four percent in august. russia is now ranked number five among the world's largest still produces a report by the world still organization the country produced five point six million metric tons of steel last month forty one place behind india china japan and the u.s. make up the top three during the financial crisis last year russia over took the

u.s. as the world's number three the future however it hasn't been able to recover as quickly as its competitors. and that's all the businesses for now but i'll be back with more few in about an hour's time and of course you can always find stories on our web site that's r t dot com slash. nineteen thirty eight england and france try to reason with hitler germany demands

a dozen land and gets its way they all thought they had created a safety net for themselves nineteen thirty nine the whole of europe isn't dumped in war efforts to establish a system of collective security in one nine hundred thirty eight failed and it's still on the agenda for. the lessons to be learned from the munich agreement on our t.v. . close up game has been to the our hangal speech. where the first russian fleet was born. goes to the area which holds top position in oil and gas resources. where the biggest russian salmon can be are processing factories located. and where unique species of foreign fauna can be found. come to the suckling region. should close up on our teeth. hungry for the full story we.