but we've been waiting for this decision for such a long time i'm so grateful to the president for this great nice i believe it's the best they present deserved he didn't think about the safety of the people to know about his own benefit thank you for those and of course there were problems during louche cubs reign but i personally believe that he's done a lot for moscow i now live in an almost european city where. the to the game in his office this morning he behaved like nothing has happened he scheduled a meeting for ten o'clock completely ignoring the fact that he was not to fight by the kremlin earlier that either you or you will be far if you sign the end of the work you know that in the years each of you wanting to go on several more would be to have tried to convince russian most guides that he's not going anywhere although he did recently go one of the patients according to him the patient was given to you in order to have some time to think about what you have to designation

according to the function would have to be we can dismiss it had to be concerned it looks like question was needed to get out of patients would you wish for because he fired you mostly being aware of the work you've been doing the forty first days chris secretary do you think it is not wanting to have anything that you guys are you the details of his resignation are you are such that he was very touched it's unlikely that that people are going to take was the speculation about this have been floating around the function needs here recently but i don't think the good news that we spoke will take this very well considering that he was in denial of his resignation. that was going to have been that was the when you two decades look the boys have been waiting for this decision like you just heard if not for the past eighteen years that at least for the past couple of years and here was. the constant feature of the moscow mayor his legendary cab has been the

subject of amusement throughout his eighteen years in power selling his custom made silver capped it's an auction of kindly granted a moscow nursery home the one million u.s. dollars. he's mayorship meanwhile needs more than just one cap to cover the bald spots of his career he started making his fortune on the economic crisis of the late ninety's rumors of money laundering have haunted many of his multi-million dollar construction projects across the capital there's lots of problems in the city namely there is no affordable housing for the most collides or there is a problem of people cheated by the construction pyramids these tools and others have to be dealt with before any question about future employment of them to be discussed while the country was losing money during the recent economic downturn in two thousand and nine income increased however the mayor claims it's not his money

but he's wife's and about doing that he's russia's only female billionaire she was a property development company and many claim it's political clout that lands her the deals both in wash and abroad is known phrase strong anti-gay stance never authorizing and even cracking down on gay pride parades not sure or parts of our society with healthy morals do not accept most they just don't accept either her over the last summer may blame him for mishandling the severe smoke situation in moscow the city on talks he smoked for almost a month as wildfires rage while he was invocation out of the city. this is one of course every specialist should be responsible for what they are entrusted with you set up with him if for example the mayor of moscow comes back from holidays third and next day after the smog over that hurdle has dissolved which was the case this time but i think it is unacceptable he should have been here. after the smoke looks

like has been concentrating a lot on his house rather than that of the city's residents than it used to drink maybe i'm missing out on something but for more than thirty years i haven't had a drop of the money that the russian government caves to improve infrastructure rarely make it to the ramshackle roads of moscow he's also been criticised over the deconstruction of the city's historical and architectural heritage after his long. footprints will stay on the streets of the russian capital and then not go artsy. united russia party member cousin casa child said that despite his colleagues efforts had lost connection whether reality the decision of the president about the dismissal of mr low school was not unexpected for the united russia party member and for him to both the ongoing problems and the major problem was quite

simple the mayor of moscow. did lows his. connection interconnection of the of the people of. the. people is evidence of most going into experience of the last years of the old those the in the fourteenth the night it will shift for a few droids to explain the developing emerging problems to mr lu schools but unfortunately he would not listen to us here was too much sure to bolt here i'm not making any mistakes knowing this still in your body. now after serious talks and deals in beijing russian president dmitry medvedev is wrapping up his visit to china on the third day of his trip he is in shanghai where he's already man chinese vice presidency jumping considered the most likely

successor of hu jintao or you know across life to respond he said now who is there it's worse now dmitry medvedev has hailed his visit as success so what's been done and what's been going on today in shanghai. well this of course is all about the future and innovation and what better place for that to take place than here at the shanghai expo where dmitry medvedev opened russia day he also had a bilateral meeting with the thing paying who was thought to be the most likely candidate to take over for president hu jintao in twenty twelve so that meeting was seen as a sort of ground laying meeting making a connection with the man who might be leading china in a couple of years to come now the two spent most of the day together they toured the chinese and russians with millions to of the favorites at this year's axwell and to speak more about the russian two billion and its success which we've heard the president has praised as being very successful is boris karloff no with the

head designer of the russian to a billion bodies tell us why was it a success what did president rid of like about it i see you. because we took the budget. with the chief the first life but you plus we made our rules. the best c.g. was the best to regulate. and. maybe a. bit to the proper full size to russian that it's a russian bridge it's. the meter of the room to see it and to this makes plus generation plus some interesting ideas for the forms of the forms a. new innovation to make it successful because for people for chinese people it's a simple game. just huge and when it's full self to

say look people special this is not special mission to. take. it to specific people would say to everybody but. it's a. good message for people for the future and be competition. fledging for to see it and to make the changes but it's not just to play. but to have it before the new it's people opening bids because surprise for people because they can from russia the people hate something different but fighting to. find a deal it's. tough because. it's. six million to sell the for itself people and really make it look like you're going

to look look look still just hopeful every five minutes because it's difficult to assess long audience. because of the course. of school shootings people didn't like to party express now i'm very sorry but we've run out of time thank you very much for speaking to us here in r t now of course this whole exposition and the russian president being here is all part of a much bigger picture and that is russia's push for modernization. of. this exhibition is a unique chance to speed up the modernization of our economy is in institutes and of it's of development to certainly the choices for country who are following this path and will do everything for economy to modernize change and death to modern life. you.

know like we've heard the president praised the russian pavilion as being a success he certainly like what he saw there and what better place to start pushing for modernization in russia than here in china. panties thanks very much indeed for bringing us all the very latest from shanghai. and we have lots more coming your way our team getting something out of this world. witnesses have described these craft as disc shaped or cylindrical shaped. and these men think allianz inside those craft have the power to gain control over nuclear warheads. north korea's leader kim yong ale main aim his successor within hours as the country's ruling workers' party gathers for its biggest convention in decades ahead of a key meeting kim jarrell has promoted his youngest son kim yong known to the rank of general which is seen as the first step of a power transition now official announcements were made concerning the move and

it's been shrouded in mystery as archie's country has are very poor it's as common in north korea. in the first century everything is global and all kinds of information is available online but there remains a spot of mystery in the worldwide web and that is north korea that many are pretty trade secrets like my colleague alex at a shift he was one of the team to visit the place and hopefully will share his impressions a alex so tell me you were in play gang what's it like what's your biggest impression be honest with you when i was going there i felt a little nervous having read all the stories about north korea in the western media that it's a scary place it's all to different sort of scary things when i arrived there i thought it was nothing like that but the one thing we should rescue the most of the first days of the first hour is being in your yard as i saw a building on the other side of the road from my hotel it had no curtains on the windows and i asked one of the of our system why is it like that he said well if

you have curtains in north korea it means you have something to hide so i get the impression that this society is open to its own government whilst its government is closed to the rest of the world it is the society as close to the world as well world attention is turned on north korea for the first workers party meeting in thirty years there are rumors of imminent change but that according to those in the know is pretty. i don't think we should expect any dramatic changes right away because power in north korea is built on the principles of succession and continuity kim jong il became a leader first and foremost thanks to his image of a true follower of his father's legacy and ideas and not as some distort of the foundations or as the person to lead the country's policy into a sharp turn so obviously the same is going to apply to kim jong il's successor. north korea's nuclear ambitions troubled the west and the secretive states tightlipped policies and everything has been successfully used as a tool by countries such as the united states. the united states in

particular need a bad guy in the region to justify their military presence in the southern part of the korean peninsula and japan and for deploying the missile defense systems there which they've done somewhat more actively than in europe until now the us and allied military presence in the region was justified by the soviet threat but it's been twenty years without a soviet threat however the united states is not going to give up military alliances established during the cold war and now it is very convenient to have a bad guy in pyongyang that can be used as a scapegoat for everything. to north korea the soviet union was the very opposite of a threat especially in the korean war of the early one nine hundred fifty s. the u.s.s.r. came to see as many socialist states and just possible was happy to aid its fellow . against un troops but the veterans of those battles only recently got the chance to talk about their memories for them it was yet another war that didn't exist. i

was there for a year in the home and when we came back we talk about it couldn't even hint. those that died were buried and the notes to their families would read killed in the course of duty where when how that was not open for discussion it was hard but it was tough and there of course seventy seven out of seventy eight green cities were destroyed almost completely and yet everywhere i went by saw people trying to rebuild homes roads everything we'd see women on the road carrying their kids and their belongings to a new town and would give them lifts we weren't allowed to but we did when the eastern european communist bloc fell apart its influx into the north korean economy planted despite the fact a close relationship is maintained by moscow n.p.r. the veil of secrecy is not helping to boost economic development north korea remains one of only five communist states in the world and by far the most

mysterious country on the map gas reserves or r.t. moscow. and just to remind you that we've got plenty more on our website which is r.t. dot com that includes top stories videos quizzes and blogs and let's have a look at what my catch your eye online. celebration called off a citizen of a central russian city wins a court case against mcdonald's gets a thousand times less than she wanted to find out the reasons that our team. was treason was sabi might be a strange combination but looks like those are some of the many things cause monotonous and space or secrets they shared log onto our website.

now they are said to be able to cross galaxies but people who believe they are out there want to know why want to visit earth a group of former u.s. servicemen is convinced extra terrestrials are interfering with nuclear weapons as he said rick moon explains. perhaps few things say normal or routine more than a daily dose of coffee a cup of calm in what can on any day be out of the ordinary. out of the ordinary like a nuclear holocaust out of the ordinary. let's say there's an attack from where doesn't matter it could be north korea iran pakistan. if that were to happen if nuclear payback wouldn't happen. because. that's a claim made by the men in this room are missiles began going into what's called

a no go condition or on launchable essentially they were disabled detailed in this report full of court sanction sworn affidavits the witnesses have described these craft s. disc shaped or cylindrical shape or spherical if you think what's being said inside this building is completely ridiculous you might want to consider something my name's robert hastings thank you for coming these are men who might know what may have gone on their former air force missile launch officers missile base officers who say u.f.o. spaceships flying saucers make nuclear weapon systems go haywire in one thousand nine hundred sixty six according to a launch officer david sure his missiles were temporarily activated just as his security guard was reporting a bright object moving from missile to missile to missile ten nine eight and it's not just in the united states also. in russia i didn't like

in one nine hundred eighty two incident that happened in then soviet ukraine given the fact that these incidents have gone on over there including one incident of their missiles being temporarily activated when a u.f.o. was hovering. the missile base identical to what occurred here i think we can rule out that who whoever are piloting these craft are either american or russian. maybe they're right maybe they're wrong. maybe there is no way to ever know but if they are right and in out of the ordinary day is about to unfold. remember the softer side of the moon our t. washington d.c. and our form on our form in our website we asked do you think allianz really affected the nuclear missile bases in the u.s. and here are some of the answers. now one of our viewers says if there is

extraterrestrial life it's logical that our nukes will be the first things to be interested in zelda other remain skeptical and things that these former officers just want to attract attention and cash another viewer richard disagrees saying that no matter water who is behind these incidents should be properly investigated and a viewer who call themselves vulgar of all names reminds us that the truth is out there so log into our wads and form section of our website to express your view and that's our team dot com. now let's take a look at what's happening elsewhere in the world and washington has said it's disappointed israel refused to extend a ban on settlement construction in the west bank and u.s. special envoy will try to sell that renewed peace talks now threatened by the resumption of building it comes as un secretary-general ban ki moon told israel west bank settlements are illegal under international law. at least thirty people

have been buried under a landslide in northwestern colombia monts light swept over people as they were crossing the road the search was suspended due to dangerous weather conditions but rescuers are due to resume digging the rainy season is cost flooding and ruined roads across the country in recent weeks. that brings us up to date here in our teeth that's so kareena will join us in just a few moments with the latest business update don't go away. 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 we realize its full potential after the construction of this you go to the park and tell ya he has completed the i t. park or 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 but it is this immoral region 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 the smaller region . i don't welcome to business good to have you with us as a been reporting in may in the main news the man law school your english call has been dismissed by president and that if this cough has ruled the city for eighteen years and where they have set a planning conditions for construction business r.t. spoke to the head of penny lane real estate agency about the impact of his

departure on moscow's state market. we expect a very long period of time when everybody is frozen nobody is approving or giving any permits everybody is stuck waiting for new orders from the new czar they are all worried if they could do something wrong their wall worried whose orders to follow as they do know really know who will be on top tomorrow before with those everybody is stuck with no job going on. i believe that this would be a huge come to the industry. and to other stories bad debts at russia's top banks have reached twenty percent of the loan portfolio the highest since the beginning of the crisis the international finance corporation part of the world bank says russia needs to develop a market for bad debts so banks can clear them from their balance sheet timothy

crouse from the i have seen he says the company proposes to jumpstart the system with a two hundred million dollar fund. i think that some of the banks here that are trying too hard to collect their loans are not paying attention to their core business and their market share will shrink and they'll be left holding paper that's not worth anything i think the thing is to create a market so you have a market you need buyers and you need sellers so we have plenty of buyers here capitols not the question i see provides financing we also try to match the buyers and the sellers right now we don't have enough sellers there are not enough banks that want to sell their corporate loans so there's loans to small businesses they'll sell retail loans credit card loans things like this but they won't sell corporate loans yet there's too big of a gap between the price banks think that they should get thirty forty cents on the dollar but buyers that are coming into the market they're not willing to pay that yet there is no track record yet we need a precedent we need a first sale to occur and then prices will go up after that when people see that

you can actually collect on bad loans in russia why hasn't the bad that markets in russia emerged naturally off its own accord it's a little bit of a cycle psychological issue i think no one wants to admit that they've made bad loans it takes a while to get prepared for this and i think once banks think it through once they see that they're not making progress and restructuring corporate loans once they understand that they're not going to make much progress it makes sense for someone else to give it a try someone that specializes in this business liquidity has a longer goal stop being the bank's main problem do you really think that clean a balance so how banks lending i think it will because banks don't have to allocate capital to the bad loans that are sitting on their books if their management doesn't have to devote time to the bad assets that are sitting in their bank they can spend time doing what they do best which is to originate new loans there people can go out and figure out which corporate lenders are the ones that are most credit

where the which can be their best clients allocate capital to that that's what they need to do. let's look at how the markets are performing the last asian stock markets are retreating as a show about wall street extends across the pacific japan's nikkei down over a percent with exporters hurt by a yen. and hong kong is losing the south as well and europe shares are down for a second session in a row on tuesday london's footsies filed over a percent with hedge fund manager of money group leading the decline that shares fell three percent reported a sharp drop in pretax profit mining stocks and oil companies are also lower commodity prices and here in russia along gets a dollar in the afternoon trading reality is losing over a percent from the point seven percent at the moment all the blue chips are in the red on both of forces with energy majors losing the most down one point eight percent followed by gas problems. and economic news russia central bank has kept

its interest rate on hold at seven point seven five percent for the fourth month in the session in succession bank officials say inflationary risks are at an acceptable level and have previously stated that the possibility of a rate hike this year is very small. the world's largest i mean producer also wants to increase its sales and asia by thirty percent by the end of the year as a first step the russian companies signed a letter of intent with china's north and histories corporation or norinco to acquire a stake in its sales and marketing subsidiary under a long time contract will solve will deliver to asia up to two million metric tons of other medium a year worth more than four billion dollars and knowing going to turn will invest in will solve production in siberia now to increase the volume of hi tech in production sales on the chinese market. that's all for me for this hour thanks for watching.

you're.

welcome back your weather as you here is a look at the top stories my. because longtime mayor you are has been given the sack after nearly two decades in power and we're trying to get a side of the loss of confidence in the mayor as the reason for his dismissal. and what's next for russia china relations with figuring that out and spending some time with a man who might just be the next leader of china vice president xi jinping is thought by many to be the most likely successor to hu jintao. could aliens have control over the world's nuclear weapons a group of retired u.s. air force officers thinks so and they've given sworn affidavits claiming that range advance from ukraine to the u.s.

to be explained by looking to the stars. while russian officials are doing all they can't stand the inflow of drugs from central asia police are also dealing with the problem of cameras making their own and they're finding that simple household products are all that's needed you can only go back. next hour a special report in which we had to have a thousand kilometers south moscow to one of the most beautiful cities in southern russia that's right next year. is one of russia's most important southern cities an industrial and cultural center with more than one point three million people this is a twenty first century town that's proud of its history where you can find cutting edge technology and people that still follow traditions that date back centuries this is an agricultural jewel covered with rich soil and blessed with them.