wealthy british style it's time to. go to. the. market.

to find out what's really happening to the global economy for a no holds barred look at the global financial headlines. as a report on. the u.s. sees a spike in islamophobia rhetoric and hate crimes as american society frustrated by konami card chips is also split biracial teen sions. the european parliament is divided over washington's demands to provide more personal data even citizens so it says a can rule potential terrorists traveling to the u.s. . will look at how one groundbreaking discover we had a russian clinic is now saving lives and giving hope to children with leukemia. the international best one for a mobility the calling is the second day in moscow i will bring you the highlights of that of that in our business program.

here what you are t. coming to live from moscow i'm marina joshie for years the united states was the biggest preacher of tolerance in the world that it was justly proud of its melting pot of nationalities living side by side with little conflict but it seems that it isn't true anymore with a fresh wave of the a phobia sweeping through the country has more. america is supposed to be a nation of tolerance. but bleeding for her stars and stripes. and ugliness incapable of masking protests against the construction of new mosques illegal immigration and economic reform point to a fear and frustration rather than one of the credit and emotional climate

experts say where many americans are swapping patriotism for nationalism definitely is a phobia it's a fear of the other zina phobia is defined as an unreasonable fear or hatred of the unfamiliar especially people of other race or religion muslim associated with bill that's everybody knows the no fly list has ninety nine names most of them sorry sacks created what he calls mobile art aviation a missile decorated with signs equating islam to terrorism at the front a mannequin dressed as an arab there is no display there is no more sex drives this display all over new york this. is the out of ramadan is the executive director of the council of american islamic relations his new york office repeatedly receives hate mail like this picture of a burning car on there's been a spike an obvious spike of hate crimes and islamophobia

correct and attacks on mosques throughout the country from temecula california to sheboygan wisconsin to tennessee to the for the planned qur'an burning on nine eleven these are our crimes that are motivated by. hate or intolerance or bigotry a rage that amnesty international believes is being exploited not tempered by politicians all across america now she's going to have the right to put out a. actually had a cause for which you mean washington would never accept the japanese going to show you next to pearl harbor was no reason for us to show to moscow that's true trade center at tea parties around the country frustrations over taxes and joblessness are aimed more directly at us president barack obama this is go you could look you know what i don't know what the world is i cannot make up what the president is but

the reason to suspect it is because you're talking like what stop talking like that . according to the f.b.i. obama has garnered more death threats than any other american president in the us immigrants have also become the other arrested and detained in arizona beaten and bruised in new york were racial tensions have erupted in some low income neighborhoods unfortunately most of the attacks most recently been by blacks against mexicans violence many attribute to the struggling u.s. economy if you're a mexican immigrant right and people think that you're a threat maybe third job or something like that they're going through a song one basket that's the bottom line anything who looks different all the sudden becomes bad an alarming downturn in america's mood it clearly illustrates a frustrated and divided public but this leaves many i asking if the land founded on freedom is becoming a land consumed by hate. fortnight artsy new york. and we've got

plenty more to come this hour here in our team including life on the line. we assess what the future holds for the alleged gun runner a victor boot who's banged up in bangkok and why his family fears for his life also . the problem with the games are supposed to show that he's a rival who has a world class city in this new although there is no peace with the city slums no wonder then that the administration feels that these boards will help with the best of the city. and we'll look at what's ahead and behind a fake facelift the indian capital received before the arrival of the commonwealth games. anger is growing in europe about a new washington data sharing demands and what they call a move to stop potential terrorists from entering the u.s. to requirements include fingerprints d.n.a. samples and cross border payments data considered by many as private and sansa to

travelers from countries refusing to share the information will have to apply for a visa to enter of us however some e.u. states like austria and germany have already agreed to hand over the personal data of its citizens in june the e.u. and the united states signed a so-called swift deal giving american government officials access to all bank transactions. and austrian politician a member of the european parliament says there are no guarantees the data won't be misused provided. the requirements for data protection in europe are not met like they should be every time when it comes to terror and prevention of terror and measures and collaboration between states between the united states and european states then we have this big big problem that. the same requirements that for us in europe normal cannot be

met within the usa so this is an ongoing debate in lots of issues it's not only swift its. passengers. collected when one is flying overseas so we have the. problem that the u.s. except expect us to adapt to their standards but it's very difficult to convince them that they should alter at that. two hours concerning especially data protection there is no selection of critical mass state which is transferred. into certain days or certain. countries but it's not differentiated we have to collaborate that's clear if there's a clear. case about some people about some transfers then we really have to

go for it but if it is mass state that proves processed this can be misused and we really have difficulties to control which you the us makes of today that they get we still. see member states that are reluctant to agree to that because they seem to have not the same rights on the other side of the atlantic firstly and secondly the structure of the data bases in the us and in europe is very diverse. well another member of the european parliament roger helmer says the e.u. is going to see more on the rest do you know divisions within it and you can catch the full interview with a british politician in about twenty minutes time here in r.t. but here's a quick preview. if i could see a long period all quite serious process on wrist but the

political and broader economic questions of really very interesting we're seeing that the german people are becoming extremely reluctant to be the bankers of last resort for the euro zone germans who retired sixty five don't want to keep paying money to greece where they retire at fifty eight in order to maintain a mediterranean lifestyle so these deep unhappiness. i think comes down to these few of the euro currency the euro skeptics of the would say the euro the euro currency couldn't work because you had disparate economies with different economic cycles they called to have the same military policy of the what we call to have the same currency frankly for best part of ten years as the euro seemed to work sort of all right and people say well you predicted all these disasters nothing's going wrong well now it has and this is exactly what we expected.

alleged russian gun runner victor borge is awaiting a decision on his extradition from thailand to the us some media reports suggest it could be just a matter of days and with an american aircraft carrier docked and a local poured both relatives fear for his future we in august his bank our bureau chief again bill and he has the details. as a type of court rulings clears the way for future routes possible extradition to the united states of america he's the relatives and lawyers here for his life which wife believes that washington is planning to force a confession out of him to be fixed but it's quite possible the extradite him and just look him up on some. if kraft kariya and force him to give whatever testimony the us wants him to give i think he'll go as far as it takes to get it and i'm sure everyone understands there plaintiff ways to do it these days starting with chemical sense psychological pressure and we know that there is an american aircraft carrier the u.s.s.

george washington and a port in the thai ports near bangkok right now and it is probably there standing by to take with her but at way the. case is being looked into while there's a u.s. aircraft carrier anchored right beside the time i don't know if this was done deliberately to pressurize the thai court but i think that fact alone leaves you asking questions what's certain is that america is desperate to get its hands on the preamble the merchant of death but many question the reasons behind the intense pressure some believe influential officials in washington want him in jail to justify the millions of dollars of taxpayers' money that went into seven years of the chase stand and do the seemingly elaborate sting operation that the russian businessman in a thai courtroom most lawyers a lot can you throughout the week who receive the part of his education in america has previously spoken about of the injustice that would occur if the extradition

takes place everything i was taught about justice many years ago in new york seems to be totally forgotten by the american side in this case i believe that victor boot has no chance of a fair trial in the united states said the lawyer in an interview last year and fabricated evidence is also a major concern for those unconvinced that america would come docked a fair hearing. but it's thing and i think that if mr booth were just stand trial in a u.s. court with this case would be used to discredit russian arms exports in general we know that the u.s. competes with russia on the global weapons market as we know. so the competition isn't always fair we all remember the sanctions that were introduced against russian companies and then revoked as being in justified in other words we know the us is prone to manipulate information and i think that would give the us an opportunity to resort to those methods yet again. there's. speculation

butties a bargaining chip to secure a supply of fighter jets and the cheap american oil if his extradited the russian businessman repeatedly. and says charges against him are politically motivated he's also determined to keep fighting on tuesday judges dismissed of the new charges of money laundering and fraud which means that now he can be extradited on the previous charges of an alleged conspiracy to kill u.s. citizens and material support of terrorism. and u.s. documentary filmmaker danny schachter bullies victor aborts case is being used to demonize russia. there are many who don't recognize that the soviet union is gone and that the new russia is not the old soviet union but we need an enemy in their view and russia is just as good as any other and the idea that somehow boo you know can be the magic man that the person who is lurking to smear shit and in

a james bond movie sense you know the. organisation of organisations that so secret we don't know anything about it it also seems to play well in the media because the more information that can be offered often without any evidence the better the story is in the case of blood here's a guy who's been accused and now is basically supposedly going to be extradited to the united states the mastermind the merchant of death all the labels have already been affixed to him but it's really unclear if there will be any extradition because russia sees this as an effort to demonize a russia and i think there's a case to be made here. then we've got lots more for you in our website r.t. dot com here's a look at some of my catch your eye right now. going back to nature to get clean we take a look at a school tucked away in the mountains of ukraine's crimea teaches drug addicts how

to kick the habit using the power of easter and spirituality. and want to see what russia's capital is doing with millions of tons of rubbish after a recycling push didn't go quietus planned all this and more and. the largest sporting event ever to take place in india kicked off this week and billions have been spent on staging the commonwealth games a president of the international olympic committee says the nation set a solid foundation for a future olympics bid but as karen saying finds out everything's not quite as good as the authorities would have you believe. across there the boards showcasing the commonwealth games have sprung up trying to hide the city's poverty but these

haven't been entirely successful here investment for the heart of the slum is still visible most of its two thousand residents are not surprised by the action. the government considers dirty it could give us a line to relocate them instead to high just to put a curtain up as if we are dirty and shouldn't be seen in our politicians to care votes but this is the commonwealth games are supposed to showcase delis arrival as a world class city in this new avatar there is no place for the city slums no wonder then that even the station feels that these boards will help project the best face of the city pushing away the reality that me exist behind. people in the slum now have to circle around the whole barricade to fetch water from the other side children to have to squeeze themselves in through the gaps to avoid the long new route is another there's no water here this is the biggest problem for us there used to be one town close by but there's been shut so we have to walk to get water

from far away the government has spent at least four point six billion dollars on upgrading the infrastructure for the games yet slum residents such as run the family believe this development has bypassed the. if the government had provided some amenities for us even to proper houses for us to live in would have been grateful or they could have opened a school in the slum provided us with drinking water. when the commonwealth games and the books will come down but for the early slum residents life will continue to be tough for them long term life improving changes are needed not short term ones got and saying. let's now take a look at some other stories from around the world in southwest pakistan gunmen set alight at least well. nato oil tankers and shot a driver of a supply a convoy heading for a gamester it's the latest drug against fuel shipments since pakistan shot

a key border crossing last week it took the action after a nato helicopter attack inside its territory killed three pakistani soldiers the strikes on the wire routes are straining already tans relations between washington and islamabad. point up operations underway in western hungary after waves of toxic sludge swept through the area killing four in one day over one hundred the illusion of red colored slurry was an east wind reservoir at an aluminum plant birth rescue workers are fighting to prevent the sludge from reaching the river danube the authorities told it i think a logical disaster. joins you and called police forces have arrested the rebel commander accused of orchestrating mass rapes in the east of the democratic republic of the congo ten a colonel male is one of the suspected leaders of an attachment that rapes some two hundred fifty women in the area the summer. now used to be

a disease that very few children survive but thanks to a breakthrough by a clinic in russia seventy percent of young sufferers of leukemia now make a full recovery sarah for of looks at the first success story. kareena is seven years old but if it hadn't been for a pioneering new treatment she wouldn't have even seen her first birthday. she was a model star develop a strange blue rash the first we thought was malaria then we found out it was an infertility. was prudent dense of clear that the forecast wasn't good she was treated here actually catherine berg regional children's hospital both doctors and patients unaware at the time that they were on the verge of a breakthrough. on her disease anymore by their aggressive him with therapy we decided to use of the. all round survey to noise.

bikini thrice in in the chilled blood cells and trans regional acid which is better known as vessel no eight forces those cells to develop stopping the league kenya from spreading although not a new treatment it today ever been used on adults before. once we started the new treatment green i started to wonder we got the news we'd been prayed for that she was badgered. this new treatment combining both s. annoyed and chemotherapy was so successful it even surprised the doctors and has been prescribed to many other patients sense with encouraging results advances in treatment here at the hospital have been like the market now have a much better chance of recovery just twenty years ago a drugs to treat infinitely keamy are harder to come by in russia they're correct uses little nine and the survival rate was below ten percent now with the survival rate is seventy percent pediatric oncology has made tremendous progress. there.

so. they're three can introduce it to the world and she is also working very closely with countries such as germany to develop their. expertise and hating to share the knowledge and experience they gave corrina a second chance. to the one most important thing for parents when things like this happen is to be patient you really can't give up. and that can spread globally countries may not agree on many things but when it comes to battling cancer they find a common voice that means clam breaking discoveries like this can save children's lives around the world so if r.t. you catch him. while we are up to date time now for the business update with kareena underway.

and i welcome to our business program good to have you with us this hour the international investment forum of the to be capital russia calling is currently underway in moscow the event that bringing foreign investment capital to the russian market has attracted more than forty speakers over bring you the latest comments and reaction throughout the day. the privatization of russia's largest state companies could go slower than planned the head of bt the bank has told r.t. on their quest and speaks about the company's move into a new me and charles. we do have entrance company but i agree that the. business doesn't play a very important role. of a whole group yes we have plans to expand that maybe including some acquisition a merge or some other companies but we'll are working on the on additional. energy in this area i think we will strengthen our management team and. we will we will

definitely invest more in this activity as we feel this is. related to business through the banking teacher and so we'll be very much interested in c.s. as one of the major business of the group if we can just move towards. what other plans for the banks to uproot and do you feel that the conditions are favorable at the moment i think. we changed a look at our strategy that beside the large bore owings which we. organized on the national markets we also will focus on the specific come to the board we like we did in singapore and we are planning probably some other countries that we do the one in switzerland it will help us to get the best price for the so we'll continue to come by these larger international e.c. was with us in the mess the currency issues maybe in south pacific now one third

the area i'd like to touch upon is the privatization of business just what timescale can mean give us when the government will hand over control in the mid term the government will keep the controlling stake in this link up and is but i mean ideologically there's no restrictions so sooner or later the government will be ready to go below this i think that that will not happen over the next let's say three year. perspective i don't think it is feasible not only because of pollution the government but mainly because i'm afraid that given the markets will not digest this. investment. a delegation of u.s. venture capitalists is heading to russia this week the second such trip this year in order to explore potential investment and technology cooperation opportunities now i'm now joined live by me how to project office director rossana to discuss this and more detail and he came to the studio thanks very much for joining us thank you very much now these handful of kappas how can they actually help russia

is not technology well actually this can flow of people coming from california these time is very powerful you just named you currently who manages any a which measures eleven billion dollars and has done the work of sixty six hundred fifty investments and hundred sixty five fuels and you understand the potential that we can explore together we have identified to already like eight very serious projects in clean tech and buy a ticket together with people coming and we expect that we can compete top two billion dollar capital world from bruce on the side into those projects that can be identified and explored for their own to the people who are coming to deliberation and how many project will small has identified already well i just mentioned that we have eight people of the eight projects on the table from the did a gates and we have identified together with all partners from the r.b.c. and skolkovo who are as well organized in this visit or ten projects on the side

that we can show to them which can be of practical interest. and where do these people come from the company universities are they business people are they independent investors who are they all inventors as you know in russia there is a lot of talent and that is exactly why people come in they want to explore different types of talent it can come from the academia or it can come from the into a new world talent that identify to very nice small thing tiny nanos thing that can be the next big thing so all range of people from. india could be near from the universities that we can see in the russian regions which i should underline it's not only more school and it's going to be quite a big event basically about it is it's a big event how well. from your point of view how will the investment into school could help russia innovation well they do it any good reloading yes we expected to do a breakthrough basically which we need a lot. on the side or the are going deeper to ensure to be unleashed this is

exactly what was needed this kind of infrastructure on the tax legal and basically business practice or practice point of view this is what was called core impeccably provides today i would say we just heard that too russ and academicians has just won the nobel prize and in physics do you think that project like skolkovo will help get these people back to russia we will work together was called to work to support a little slow on the side as well for those people to come to russia and do projects and we have such cases when russian people that they did their startups before skulk oversold to see in finland or germany and. have developed their business coming back and doing big projects industrial projects with us so that's an alliance now and have to carry its head thank you very much for joining and for sharing these deals with us thank you very much.