baard look at the global financial headlines for joining us a report on r.t. . and it.

all.

the headlines here on r.t. extradition of the alleged russian. from thailand to the u.s. could take place in just a matter of days as lawyers however plan to appeal the court decision which cleared the way for. tipping the balance of journalism the u.s. needs to rise to the challenge of the international news networks of russia china and iran that's according to a veteran american media boss who know how the now heads the organization overseeing u.s. media directed at foreign audiences. the european parliament is divided over washington's demands to provide more personal data of each new citizen so it says that potential terrorists travelling to the us.

live from the heart of moscow this is welcome to the program and i just a russian gun runner victor boot could be extradited from thailand to the u.s. in just a few days russia's foreign minister has expressed hope that the u.s. won't try to press the decision while boots lawyers have said they will file an appeal that is likely to delay the process. of bangkok bureau chief you have many details. as a type. clears the way for victor woods possible extradition to the united states of america his relatives and lawyers fear for his life boats wife believes that washington is planning to force a confession out of him i don't believe that it's quite possible the likes to dine

him and just look him up on some aircraft carrier 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 are plenty of ways to do these days starting with chemical sense psychological pressure and we know that there is an american aircraft carrier the u.s.s. george washington in a port in a type or near bangkok right now and it is probably there standing by to take the trouble to weigh the boots 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 certainly is that america is desperate to get its hands on the man they call 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 of the chase hand and to the seemingly elaborate sting operation that landed the russian businessman in a tight courtroom a lot can you throughout the week who received 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 conduct a fair hearing if. but it's i think that if mr bush were to stand trial in a u.s. court 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 and we know the competition isn't always fair we all remember the sanctions that were introduced against russian companies and then revoked as being unjustified in other words we know the us is prone to manipulate information and i think the boot case would give the us an opportunity to resort to those methods yet again the. speculation but booties a bargaining chip to secure a supply of fighter jets and a cheap american will if his extradited to the russian businessman repeatedly denies it. and says charges against him are politically motivated he is 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. u.s.

documentary filmmaker danny schechter believes the victim case is being used to maintain a cold war era stereotypes about 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 bull you know can be the magic man the jeans the person who is lurking to smear ish 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 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. you are with r.t. we are coming to you live from the russian capital and we've got plenty more to come for sour including the u.s. sees us i can islamophobia rhetoric and hate crime as a society gets frustrated by economic hardships and split by racial tensions. the chairman of the broadcasting board of governors the organization overseeing u.s. media targeting foreign audiences says that his organization needs to fight its enemies and among those are iran's press t.v. china's c.c.t.v. and this channel. we can't allow ourselves to be out communicated by our enemies there's that freedom house report that reveals that today's autocratic leaders are

investing billions of dollars in media resources to influence the global opinion you've got russia today iran's press t.v. venezuela's tell us and of course china's own lodging international broadcasting twenty four hour news channels correspondents around the world when ati's political commentator people of l. says the chairman statements put him beyond real john. the south a city in conflict c.n.n. took the side voice of america took the side of georgia iran two thousand and three the drive to war i mean this is nothing to do with journalism it's about soft power and pushing the american foreign policy agenda and it looks like the chairman is a little worried that the world isn't believing him or his organizations any more. ok now people how do you react to the chair referring to russia as an enemy because walter isaacson says we cannot allow ourselves to be out communicated by our

enemies now isn't this ruining his mission statement of reporting news are not creating enemies i guess he doesn't have anything to do with journalism because that's what we're supposed to do is journalist is give you facts maybe give you perspective but he's making it sound like it's just a media war and he treats everyone that is his competitor in a competitor of the united states as an enemy he says a clear out twenty years after the end of the cold war one has to wonder who's who in taliban has changed and who hasn't stayed and it's really remarkable but i'm not surprised at the same time if we if we just step back for a moment and look at the broader scope i mean if you really want to put this all together why would he make such comments because he we have a depressed economy in the united states will probably be a double dip and there are priorities and he's worried about losing budgets he's got he's from c.n.n. time magazine and you say look at our competitors are pouring money into soft power they're pouring money into alternative journalism they're pouring money into the truth i would say and they're afraid that you know their organizations and i get

the word out anymore they need to keep fighting cold wars and they're afraid that because we won't. anger is growing in europe about a new washington data sharing demands and watched a color move to stop potential terrorists from entering the u.s. the requirements include fingerprints d.n.a. samples and cross border payments data are considered by many as private and sensitive travelers from countries refusing to share the information war have to apply for a visa to enter the u.s. 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 the so-called swift deal giving american government officials access to all bank transactions within europe even lichtenberg an austrian politician and member of the european parliament says there are no guarantees the data won't be misused like 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 are normal cannot be met within the usa so this is an ongoing debate in lots of issues it's not only swift it's also appear now to pass passengers data that are collected when one is flying overseas so we have a. problem that the us except expects us to adapt to their standards but it's very difficult to convince them that they should

alter to ours concerning especially data protection but there is no selection of critical data it's mass state which is transferred. to a certain days or certain. countries but it's not differentiate it 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 out that proves processed this can be misused and we really have difficulties to control which use the u.s. makes of the data 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 databases in

the u.s. and in europe is very diverse. well another member of the european parliament roger helmer says the e.u. is going to see more unrest due to divisions inside it and you can catch the full interview with a british politician next hour but here's a quick preview. i could see a long period all quite serious process and on rest but the political and broader economic questions of really very interesting we're seeing that the the german people are becoming extremely reluctant to be the bankers of last resort for the euro zone germans who retire at sixty four i don't want to keep paying money to greece where they retire at fifty eight in order to maintain a mediterranean lifestyle so this deep on happiness. i think comes down to the issue of the euro currency the euro skeptics of the way say the euro the euro

currency couldn't work because you had disparate economies with different economic cycles they called all had the same military policy of the what we call to have the same currency and frankly for best part of ten years 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. russia says it is international terrorism was behind the latest attacks in the country that's according to the head of russia's security council nick. i see you as far as russia is concerned no one doubts now that the terror threat is coming from abroad and everyone agrees that it's must be countered jointly. the well to discuss the issue in detail we're now joined by alexander o'sullivan of the dean's advisor for international issues at moscow state university good to see you

sir so russia says that it's international terrorism that's behind the recent attacks of the country where they are coming from and we know that al qaeda core sport or criminal network and training camps are well know where the items of location and so we can say that the terrorists come from pakistan from afghanistan especially of course border territories now it's easier to fight and to be within one's own borders so you do you think it's still possible to fight international terrorism taking into account as you were saying the war efforts of the u.s. in afghanistan right so i think it's possible but if the coalition is not concentrated all in afghanistan the coalition has to be there has to be worldwide coalition focused on the central asian region or only in north africa region central african region and north caucasus the us has never confirmed that al-qaeda is present in russia's north caucuses yet it has said that one of the world's most wanted terrorists the caucasus a militant leader doc who model is connected and certainly committed to the recent

blast in of lot of calf gas how can they make this link. well first of all we should say that. the u.s. the actually have never said that there are terrorists terrorists in north caucasus and if they say that they will have to step up they will have to step in and help fighting terrorism in north caucuses and but anyway i think that the u.s. the the have the information about where where he is but he's taken for he's unorthodox as they were fighting terry even. some inside there on the issue of international terrorism there alexandra thank you for your time thank you. well it's a look at some other stories now making headlines all around the world and a british diplomatic motorcade has been targeted by suspected militants in yemen and embassy staff member and three bystanders were wounded in the mortar attack in the capital sanaa this comes just days after security in the city was stepped up on

information of plots by al qaeda. in southwest pakistan gunman set light to twenty five nato or oil tankers and shot a driver of a supply convoy heading for afghanistan it's the latest strike against fuel shipments since pakistan shut a key port a crossing last week it took the action after a nato helicopter attack inside its territory killed three pakistani soldiers the strikes on the supply routes straining already tense relations between washington and islamabad. a cleanup operation is underway in western hungary after waves of toxic sludge swept through the area killing four and wounding over a hundred the deluge of red colored slurry was unleashed when a reservoir at an aluminum plant burst rescue workers are fighting to prevent the sludge from reaching the river danube the authorities have called it an ecological disaster. well for years the united states was the biggest preacher of

tolerance in the world it was justly proud of its melting pot of nationalities living side by side with little conflict but it seems that isn't true anymore with a fresh wave of xenophobia sweeping through the country marina portnoy has more. america is supposed to be a nation of tolerance. but believing through 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. 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 still

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's 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 korans there's been a spike and obvious by. hate crimes and islamophobia correct and attacks on mosques throughout the country from temecula california to sheboygan wisconsin to tennessee to the to 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 i see you don't have the right to put up a sign. so the holocaust museum in washington would never accept the japanese going to show you next to pearl harbor i do is no reason for us to show it to moscow that's true of trade center at tea parties around the country frustrations over taxes and joblessness are aimed more directly at u.s. president barack obama this a go you can you know will slip you know what i don't know what the reality is i cannot make up what the president is but the reason to suspect him is because he's 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 u.s. 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 have been by blacks against mexican 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 how frustrated and divided public but this leaves many hosking of the land founded on freedom is becoming a land and soon i hate. fortnight party new york. time now for the business with you. hello and a very warm welcome to the business program the international investment form of

the to be capital of russia calling is underway in moscow the event is aimed at bringing in foreign investment capital to the russian market the forum has attracted more than forty speakers from around the world and we'll be bringing you the latest from the event throughout the day. the international monetary fund has called for an emergency meeting this weekend to address the so-called conversely wars in which countries compete to devalue while business artie's spoke to alex he would have deputy chairman of russia's central bank. channel. four it's. just you're alluding to the inflation factor to the absolutely support that your food floats would not that something like this are not going to be the first silver bullet case with a loan that special diets are supported now interested in is by militia and so it's

not that the monetary beast only increased significantly concerning the figures the first nine months of two thousand and ten why is that mostly there are two is least for us this is the fiscal and monetary emissions by the long arm of the sun told by the gallon mindful of the budget deficit is government spending more than i got cleverness and. this circle and that is the man's a machine by the simple by and for the operation of the open market and the cigar smoke which with my late john frost fought for this year so it's increased the the winter the ways of the other part of the story when it's the must live through the good news because of the curve is the rubber band sleeve the financial companies sort of thread so-called monuments in this case. it's an

instant the a sourness balance estimates at least as a proper it's not they can respond to myself says the positive side it does create an increasing pressure on our concern is the implication. of course have the size four sides with its power by the facility is to learn the other side that is some pressure on the consumer markets so in that case will be very much for watch for this ratio. and p. to hampshire who runs a gold mining company and russia's far east says neighboring china represents great opportunity while its risks. it leads to particular even if it's not so clear whether it's demographics there any one point one million people in the region fifty eight million people in the general china. and so that demographic potential

needs probably to be closer and i think that's what. really great story here is a new asian tiger based on russia's now terms of this is a chinese consumption. not the need to diversify russia's economy is nothing new but the financial crisis has given it more and more urgency because archie spoke to added burke loft chief economist at the european bank for reconstruction and development. there are some old lessons that we need to be reminded of in some new system and i think that in terms of new lessons it's the volatility of the financial system russia needs to invest much more in in the addressing we keep on the bit of just a very large scale in the with the lack of transparency in the financial system we knew that there was a problem but we were reminded of a whole big problem here is that the terms of the the old testament is about to diversify and really for activity the big problem in the russia is that there's not

enough middle size for that's what it is mourning the patient all the problems of the people of the lack of competition the problems of the business environment and the very strong regional variation in business environment the right. time to have a quick look at how the markets up fairing of the south high gold prices triggered a rally in mining shares in london driving the street to a second day of gains for the tanto and to anglo american off more than three percent and. is doing more than four percent per share whereas rose three and a half percent after pushing a one point three percent increase in september passenger traffic. here in russia the r.t.s. a strident of a percent higher than my success up point four percent of all the major blue chips they gave between hawk a percent and one percent bucking the trend is due to be a quarter of a percent down on the nice it's. this summer's drought has pushed up room milk

prices by ten percent and that's been a challenge for one of russia's top terror produces they had to foot the bill down explains how his company tackled the problem. the consumption of groceries was of this year twelve per cent and it was a big big. favor for us and it was a big three work as well for people who are change their tastes and start to cool adopt a more clearly products within the consumer data products but the production of real materials. went up a little bit but growed up and what not more than one person and pieces again what police should do find and really should weigh in just solution is called cool just to solve this issue of milk you know where a product that has at their own fifty five sixty percent holds grolsch the volume of the girl so the price in the fourth and for us to find ways to improve and

increase production those with little mikey will and that's why we're looking at the role that's why we are looking call to. construct new facilities producing producing milk that's all we have time for knowledge i mean nextel small business news and you can get store small website r.t. dot com slash business. you're.