one can't stand alone in the arctic russia's prime minister vladimir putin says nature must cooperate in resolving burning issues that. 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 orange by the international community to resume talks we'll bring you all the latest updates from new york the head in the program. people you must be autistic dr no iranian president mahmoud ahmadinejad gets the cold shoulder in new york but some americans are questioning the protests and campaign against

him calling it a huge waste of money. it's one pm here in the russian capital this is our top story now hundreds of politicians and scientists from across the globe are putting their minds together to decide the future of the results which north pole got of the international form in moscow which is in the middle of its second day of debate a correspondent. will be with us in a couple minutes to tell a small that. well the world's biggest political forum is underway in new york tackling poverty and hunger among the globe's other most pressing problems but as we'll see in a couple of minutes it's the world leaders that america loves to hate such as the rain president who are stealing the show russia and nato seize the opportunity to

hold important talks and it's a situation of reports. one of the most important events of the day has been the russia 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 needles 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 for a show on afghanistan. more practical cooperation in try to cherish all piracy hopefully from my point of view star controllers corporation cherry tauriel defense today corporation with russia in addressing these challenges 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 that the possibility of the. 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 it to d.c. meeting the five plus one try to come up with the next steps that they would take if iran sits down for negotiations when i was discussion of iran's nuclear program takes the floor to u.n. meeting in new york the media blitz against it has been launched in manhattan the

main target of the primacy of the campaign is president ahmadinejad himself not to report not a small. i don't know just. call it a september tradition the president of iran visits the big apple. angry protesters scorn his arrival i am going to do so because this. is the biggest error . and there are people being fired there wasn't a blizzard. it must be august the dr no right now to bill you need on show didn't is that it. or you read there would be dos 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 number of people don't understand the extent to which you can agree

just violator of human rights here if 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 i'm out on the job has now become part of the media map the united states the fillmore says he's not welcome here yet he seems to be featured in more than two hundred ads posted throughout the city america's favorite down side by side with its favorite nemesis and into everywhere sort of like the enemy but not the enemy you know but yet we're. plastering this race 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 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 could missing from misinforms most people misinform about what. do you think there is a time. when you were. not so telling the cost of the anti ahmed didn't campaign. you know we don't disclose our numbers for obvious purposes ad sales experts tell r t that united against nuclear iran spent an estimated three hundred thousand dollars but the money be better off spent almost be below forty thousand of whom remain out in the dark of new york city while the spotlight shines solely on one man. party new york. a former russian

martial arts fighter with a history of violence and extremism has turned up in norway off to simply walking out of a psychiatric ward last month which is sick and was also a prominent member of a band nationalist party is seeking political asylum sarah ferguson has been following the story. he ran it decided he could no longer hide not long after his escape from the psychiatric facility in st petersburg that sick 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 within the red now . as well as five of the last this part of the slavic. grabbing the attention. wearing a t. shirt with a swastika and carrying a loaded gun he turns himself and he makes

a right equinox calling for the ugly to die and praising his slavic god for party members have openly supported his as. 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 of his 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. it's 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 back a stone he asked for political asylum and was granted a residence visa i'm not sure what will happen with datsik but anything is possible . now under arrest in norway the former fighters fate hangs on whether he'll be extradited back to russia to political asylum. see. stone year is gearing up to become the first country from the former soviet union to adopt the euro is being hailed by the country's politicians as an historic moment but with a single european currency on shaky ground many a story ins 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 cock up which now as a regular housewife i'm against the doctrine of the euro because with that adoption

prices for basic groceries such as sugar potatoes and carrots who will go up on january the first estonia 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 annoying we cannot have. high growth we need and that's why according to my understanding the timing of joining gehrels 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

a stonier 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 decline 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 hysteria and government has brought the euro to its people's doorstep. but first on your more than other countries the chrome represents something uniquely cherished by its people because of the short eighteen year history independence both political and economic. i would like to start by expressing my appreciation for this story in chrome we should be proud of for a country and our nation many estonians feel this but many also say they can accept

its disappearance if the loss of control over their country's financial instruments really worries them. when you get to be a hostage of the stability or instability of the whole you are system. meaning that paying for those groceries in a stone you could become a whole lot harder to barter party. now as we've been hearing a hundreds of politicians and scientists from across the globe are putting their minds together to decide the future of the resource rich north pole they have go that the international form in moscow which is in the middle of its second day of debate. is there with the latest stuff because for most of us the north pole means little more than ice caps and polar bears really but prime minister putin spelt out pretty clearly this morning it's about a lot more than that in that. they did indeed carry all the made the main message russia's prime minister vladimir putin sent in his keynote speech today was

that a bullard's or a can not survive on his own you know north pole so too can not one country on its own so all the challenges facing it needs to unite to cope great to encourage a dialogue and this is what russia is doing by hosting this international forum then and now the message which was very clear from the speech on the second day of the forum is that russia is traditionally a northern country seventeen of its territories and northern territories and for russia this is a particularly delicate topic because what i didn't. we are is a very delicate environment people nationals living there and therefore preserving the region and also saving it as it easy is a strategic goal of russia making it a reserve resource base also by twenty twenty is one of the main goals this is what

prime minister vladimir putin was speaking about today and he said that there is soon you know they'll be an expedition launched at the end of this month the russian president's in boy to the polls will look they will try to launch a drifting research station to collect data to support territorial claims for the continental. shelf hand of course territorial claims is just one of the issues discussed at these international optics forum there are many many others for example the arctic needs to stay in a bull stable management and this is another important thing of the world leaders politicians research scientists is the idea they are pushing forward now for these they of course need to sit together and to discuss a wide range of topics it's been a while it's been sad about potential reserves lying behind the optical.

allegedly a fault of the world's undiscovered oil and gas reserves but the problem is really if you get down into it the climate change it could boost that because the ice melts down and that's why the countries are anxious to put forward their claims for the continental arctic shelf but if you do so where are the guarantees that we won't see another disaster similar to that in the mexico golf the world simply cannot afford accidents of a client because the prize is very high too much is at stake in this. what but in reporting said today. the price of the arctic issue is much higher than the billings of all or gas billions of barrels of oil and gas that we can produce extract from the region something that is so discussed in many countries without being responsible with

a trip to the arctic tomorrow which be confronted not with global advantages but rather with global problems therefore our primary objective no prime objective all stage is to introduce energy efficiency safety of the art technology that can be can work and operate in harmony with nature russia suggests that an active exchange of ideas and practical ideas should be established that will help us to act together to find the best possible technology in the exploration of the region. so as you heard from by the mayor putin there's a much at stake in the uk to perturb energy isn't the only thing on the agenda or is it as you mention. all that's right and also the least of the participants who were invited to take part in the international optic forum just says how seriously the she's been taken apart from put in there was also prince of monaco but the second that was the president told iceland and many other high ranking officials.

from all of the world and in the first place from the so-called optics states of course all the countries are well aware of the challenges they're facing and they have to deal with like climate change global industrialization how they're going to save endangered species and many many other hot topics were discussed also it's it's important to note that many pinpointing and how successfully the two altered states russia and no way managed to solve a food. decade dispute just recently over maritime boundary is in the north and it was by may mean given as an example of how similar territorial claims could be solved in the future because some disputes are in the air like a dispute over the most of reach. the united states canada russia no way.

pushing for what their claims for those parts of the arctic continental shelf it will be interesting to see how these disputes will be resolved but one thing is clear that russia is going to encourage the if there it's opened. and it believes it's the only way to seoul the destiny of these very delicate region. or to very good reporting from that very important international form in moscow thank you for now. and of course we'll be bringing you more live exclusive coverage of the international art form in moscow throughout the day here in alt. now let's take a look at some other stories making headlines around the world this hour. a u.n. probe has concluded that israel's raid on a garza bound aid for terrain may broke international door even as a she said the violence which left no doubt to the spirit was disproportionate but israel insists the soldiers were acting in self-defense. really command the end of

the campaign trotted the. 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 in area has been cordoned off for further investigation. italian police have seized seven tons of a powerful military grade explosive which was hidden own 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 type of explosives found has been muted several attacks blamed on the italian mafia in previous years. we're coming up the latest this is update after a short break stay with us. this

is more a region is economically and socially one of russia's better developed provinces the region has a significant scientific and industrial capacity that will realize its full potential after the construction of the. park can tell ya he has completed the id parker has r. and d. projects in the spheres of automotive construction aerospace and oil chemistry high tech data center furbished with cutting edge servers and communication equipment will be constructed at the core of the park the project has been personally approved by prime minister vladimir putin the federal government is planning to allocate sizable funding for the parks construction investors will be given benefits such as property tax exemption low land rental prices and other preferences this is more regional government is open to mutually beneficial cooperation we invite investors to participate in existing projects and we are ready to give

a hand of fulfilling your projects and growing your business in this small region. hello and welcome to the business bulletin gold prices are at all time highs met through thirteen hundred dollars palettes many analysts expect the ready to continue which has seen prices rise thirty six percent since the beginning of the year seen as a hedge against economic uncertainty gold has been one of the best performing asset classes throughout the financial crisis and for more on the precious metal i'm joined by two mccutcheon a vocal gold temp thanks very much for joining me now we've seen this upward trend in the gold price for quite a few months now but it's really beginning to pick up speed why is that i think. what's happening is a couple of things first of all you know economic situation globally and obviously there are places that are better than others but in general the things are not

looking good for the global economy certainly. sort of bright rosy gross scenarios for the globe going forward that's one thing but the other thing really is the underlying fiscal in the school policies and budgetary policies of governments throughout the world basically what that means is governments are financing growth by printing money and this is not only in the united states happening in many other countries well. so the issue really is is if you want to protect your wealth you have time some sort of constant within all of the confusion and noise and you know at the end of the day the more amount of dollars or any currency chasing a given amount of goods means of the dollar the nominal value of those prices goes up and i think what you're seeing gold basically performing is traditional function of being an absolute value source of value as opposed to dollars or other currencies which are nominal sources now this is a time high almost thirteen hundred dollars and then it's going to go on a high yes it can and i don't say that lightly not because i'm a big fan of bubbles and everything else and i don't want to sound like the the

internet you know boom analysts that it can keep on going higher i think really the issue is is that we're just beginning to see the start of the impact of all of the financial stimulus have been globally. when you print a lot of money is going to have an effect we don't have inflation yet and in the us for example everyone's talking about deflation but the reality is you can't print money without a cost. but now you've touched on this already but if it if it just means that the worse the economic data the better it is for gold are we looking at basically being a proxy bet on a double dip recession. and yes i would even argue that we're not having a double dip or still very much in the first dip. but but yes again you have to remember gold is gold essentially is a way of absolute a way of storing wealth in absolute terms relative to other real things gold holds its value you know the dollar since the fed was created in the one nine hundred thirty s. the dollar's gone down by over ninety five percent which basically means a dollar you know seventy speedie years ago is now worth five cents today. but gold

of course has performed across that entire one hundred years both performing for thousands of years and that's really what goes function is in the global financial markets ok now can we turn now to some corporate news in the gold sector russia's biggest to make a sevastopol is reportedly going to spin off its gold assets i'm listing new company on the london stock exchange do you think that's a logical move for service style yeah absolutely i think if you look at what normal cynical do with polish gold basically arsenical is a seen norma's nickel producer to make a lot of copper as well make a lot of a platinum and palladium and they have this sort of gold assets that were trapped with inside the company that was sort of lost if you will in the entire in the overall scheme of things by spinning out policy on walk a lot of values people can actually see the numbers and people could actually get a feel for a separate business that can grow on its own and find itself on its own a service was doing the exact same thing and i think it makes a lot of sense for them in the key thing a service was really done is they've used they've used their capital to acquire assets that were in trouble and they used their know how in their management skills to turn around those assets basically putting in sweat equity if you will and they

created another capitalizing on the hard work by selling them by selling the company as a separate unit now here apparently could be worth four billion dollars what do you think about that i think the four billion dollars is a little aggressive i mean i think it's within the ballpark of what it should be worth although the formally sort of on the upper end of that i think you know. one of the things that i hope severstal will do is not make the mistake that a lot of other companies have done doing i.p.o.'s in russia where if you get really aggressive in the valuation you spit it out in the i.p.o. and in the stock doesn't go anywhere for years because it's already been you know priced their growth started and priced in hopefully the other advisors will advise them to be a little smarter maybe price it with a little bit upside left in the price so that investors will be happy investors and happy shareholders going for it is actually make some money off own stock to see you go thank you very much for your insight with us. i look back two markets european shows have turned to the negative in the last a raising opening games that follows the release of the euro zone and purchasing managers survey for

september showing activity rose up the slowest pace in seven months banks are extending losses on the footsie as investors remain unconvinced by the pace of economic recovery i'm here in moscow but the r.t.s. on my six a sliding slightly into the red mid session by civil race early again is on the my six with the t.p.t. now down a point seven percent and the majors are also directing. the world bank's private sector lending on 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. a creature is merging its commercial and investment banks into a single lender for 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 a major shareholders patrol i.f.c. 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 seasonal factors were taken into account such as the record drought agriculture accounted for about sixty percent of the decline or child support also showed low dynamics according to the economic ministry on an annualized basis a gross domestic product grew two point four percent in the eucharist. and that's all the business use for now but i'll be back with more for you in about an hour's time and of course you can always find most stories on our web site that's r t dot com slash business.

when the news is not enough. when it's something really crucial when you want to get down to brass tacks when you bring in special coverage. news trying the latest news from the international market for signs of a discussion an expert in change of opinion is on the pricing issues of the region . markets foreign creditor and polar interests. question more on. the books every month we give you the future we help you understand how we'll get there and what tomorrow brings the best in science and.