the head of sunday's final parliamentary vote the security services are on high alert with the shadow of violence and looming over the central asian republics. the political future of the russian capital becomes clearer please three men and one woman shortlisted to become the next to. kick back. intimidation that's the treatment some georgians claim they're getting from their own government. and russia is staking its claim to parts of the resource rich arctic ocean the nuclear powered expedition scouring the depths of

the northern front. around the world around the clock this is a good life from moscow security is being stepped up and campaigning is now for a bit in the head of sunday's crucial elections the vote will create a central asia was first parliamentary democracy you're going to is going to reports on why the authorities believe taking power away from the president is necessary for the country's stability. this is truly a crucial vote because it's meant to end instability and political chaos in the country for the past half a year or so. has been plagued by violence and course of the current. where we are now are among the most affected areas and there are fears that this violence could

flare up once again during the election the former soviet republic has been struggling to achieve normality since former president. was overthrown from power in deadly street protests across the entire country especially in the capital bishkek violent riots left dozens of people dead and put the entire country in a state of chaos people who were protesting policies which led to people living in poverty and failed to increase the quality of life in kyrgyzstan for years the interim government held. them which voted to build a parliamentary republic which is a milestone not only for kyrgyzstan but for the central asian region since this election will be held successfully it will change the way. it's planned that the president's powers will be curbed well the prime minister will have more power then head of state this is significant for central asia since traditionally countries in

this region are ruled by authority leaders and this way. from such a political model for the first time in central asia twenty nine political parties are taking part in this election which is an all time record for kyrgyzstan however there are genders or relatively similar to one another i have to say there is skepticism of all the ordinary people here in kyrgyzstan who see that this election and improve their lives because. for such a transition and it won't be as effective apart from political unrest there just on there's also been suffering from ethnic violence in june there were deadly ethnic clashes here in the city of osh where we are now which is populated by a curious and national as a result hundreds of people were killed thousands were injured and thousands more had two three. holmes and at the moment peace is really fragile here in the self of

the country and in fact at the moment meaning people fear even going to the polling stations on sunday there have already been reports of threats sent out to the local population of why a mess for many people at the moment the main priority is to rebuild their homes and businesses after june as well it's rather then to vote for any politician despite this their thirty's are still calling for the people to go to the polling stations to take port in this election promising that it will provide the a long awaited stability of forty's are on high alert across the entire country both police and volunteers or monitoring the streets of the city's international observers have already arrived to the region and authorities say that everything is ready for the vote on sunday. reporting that moscow now has a short list of candidates vying to become the city's next mayor it includes a deputy prime minister the transport minister the governor of the nizhny novgorod

region and deputy mayor of moscow who is also the only woman on the list their candidacies have been submitted to president dmitri medvedev by the united russia party the largest in the moscow parliament it follows the dismissal of the previous man. he had held the position for almost two decades although his reign was the subject of a growing controversy in recent years under his leadership the city you saw a lot of new construction with a whole new district of apartment blocks and shopping malls but there were also many new problems such as massive traffic congestion and pollution coughs wife became a billionaire and russia's richest woman through her construction business but he says that had nothing to do with his work as. well coming up for you in the program a look at the future of the u.s. dollar as emerging world economic policies separate from. the greenback some seem to be heading for an all out divorce. the georgian president has

proposed a new constitution supposed to put the country on a course towards becoming a european style democracy however many businessmen same ohio saakashvili his version of a people's rule it's at odds with their experience to he has met entrepreneurs who claim corruption and kickbacks of the real forces in the country the so-called patchwork births and central police he is the perfect place to relax and have your portal taken on the way out the historical building is now owned by a private company but a few years ago it was taken from its previous owner by the government getting all his an issue really still fears for his life he says in two thousand and seven he was approached by government agents who claimed he used illegal schemes to purchase the baths allegedly through the use of threats the officials forced the man to give up his business going to court says get

a goal was not an option. they said that they know where my son's school is and they could say tomorrow and bust him for drug possession he said that they will make me sell everything and still it won't be enough to pay the mortgage and i'll be begging for mercy i couldn't have done anything but to need my business to this day. immediately after seizing the property of the government salted off since then google has been trying hard to get his business back if you go to my route six complaints asking them why they made me give up my business but the authorities are silent we have not received a single response here why is it going to violence. a human rights activist says this case is not unique according to this area have been numerous cases recently where the georgian government has illegally seized buildings wound and other property from private individuals large and small

companies. when your thirty's openly use police in the prosecutor's office to take away people's property there's no other way to cooling it tara it's a kind of official racketeering aggressive illegal and purely criminal in its nature we can say directly they make a our second team is responsible for terrorizing the business sector. some georgian entrepreneur explain the greed and political ambitions of the country's leaders these businessmen say that in order to work safely and believe see you have to make generous donations to the ruling party will argue so powerful entrepreneurs in georgia make voluntary donations by paying off the government june the elections all of them pay no less than fifty five thousand u.s. dollars these are official sums we can only guess how much they have to pay on official. gold feels betrayed by the government is still hoping to find

justice for this man and many others who have seen for themselves so often president saakashvili his words differ from his deeds change can't come soon enough well georgian officials claim that they have created the corruption free me to do also lost their businesses due to pressure from the state it's nothing but spin and even though only if you want to speak out it looks like the movement against such record tearing into police see is getting stronger does. russia norway denmark the u.s. and canada all of these nations are locked into a race to claim their vast untapped resources thought to sit beneath the arctic region and russian research shows are working as hard as anyone in the far north to support their nation's claim to secretary went to meet them there is a perception that it's hard to find a living soul in the arctic but not today this is how members of russia's north

pole expedition dock with their colleagues on board the academic federal icebreaker the fir drip is the flagship of the northern fleet of your chill floating lab or a tree iran do a hundred scientists have spent seventy days in the arctic gathering evidence to support the claim that the man also greek is part of russia's continental shelf the head of the expedition looks more than pleased with the results almost too but due to devalue today we are fully confirm the geological outline or a leaf at the bottom of the long and awesome bridge which we have recovered quality material that corresponds to international standards. russia's biggest evidence gathering weapon is a multi beam eco sound known as spec it's hard to see and impossible to touch but it's talking to scientists from the bottom of the coldest ocean in the world. they can go as deep as twelve kilometers so it practically covers the whole

spectrum of the ocean's depth there are no depths it cannot measure. the principal competitors are using similar equipment the american icebreaker healy for example works with the same sound it is convenient to analyze and compared collected by the same standards. russia's in a hurry to collect evidence for its implication to the un sheffield for twenty. the same year another applicant canada comes up with the claims the russian president's envoy to both poles says he's people are ready to work around the clock to fulfill the mission. where you dismissed some say the russians doing in the arctic on apollo night we're not going to ask anybody water when we should do the arctic belongs to russia they're working in accordance with the international treaties and we will work day and night if necessary. in other deepwater eco sound will do its

part of the job within the north pole expedition it will be installed on a movie on ice flow and gas information on the breach nonstop for the next year the arctic may be of ostend embassy in popular image a nation but it is that stimulated that it contains a quarter of the world's untapped falso fuels platinum gold diamonds and other precious metals around sixty percent of total shock to gas lies in the russian exclusive economic zone so even without the models of reach being divided it seems that russia has already won the coming arctic race it's in the r t from the island of visa in the arctic. and you can get the latest on everything we're covering here on our website r t v dot com and it's a quick look at what's online for you right now. into space on his way to the international space station to find out about its

mission just log on to our dot com. site all in a world find out why a russian prima ballerina has been sacked from vienna as a state on. the head of the international monetary fund is urging nations not to use their currencies as economic weapons of self defense though many strauss kahn says the global financial crisis is not over with the likes of the u.s. struggling to avoid a double dip recession and as aussies and lauren lister reports some countries are already riding the wave of the dollar's downfall. financial leaders are getting

together from all over the world this week to figure out how to boost the global economy at the annual i.m.f. and world bank meetings but many are talking about a break up the world is. the united states as the consumer of last resort in the financial world that's not called divorce but decoupling and everyone from a flurry of wall street analysts to nobel prize winning economist joseph stiglitz are using the word now to describe this shift in power the baton is passed from countries like the united states on to countries like china brazil russia. india and beyond and you know growth in the global called leave much more depended upon those countries than on the developed economies it explains how while the u.s. economy continues to look more bleak with analysts such as goldman sachs forecasting fairly to very bad scenarios of meager one to two percent growth or an all out double dip recession i would almost consider a double dip

a base of the so-called bric countries are still on the ascent brazil's economy is estimated to grow seven point five percent this year with optimism to spare the summations may be. more than seven point five percent. and rounding out the r i c and that acronym russia india and china are estimated to post four point two five nine point seven and ten point five percent gains respectively china's growth as an economic power on r.g.p. and children's to be made in china isn't lost on american politicians looking for someone to blame for recalls help foreign companies do chinese jobs to make it with males would skyrocketing unemployment nor is it lost on the obama administration we believe it's very important to see more progress by the major emerging economies to more flexible. market oriented exchange rate systems geitner has increased

complaints about china under valuing its currency ahead of the i.m.f. meeting you have to pick a reason why things are obviously it can't be because of you so it has to be because. china is a very easy target but while politicians try to hold things together citizens are decoupling from the u.s. economy to people who once left their countries to come to the u.s. for opportunities are heading back home the opportunities in india are definitely much better than what they are here they're setting up shop in countries poised to grow even as the u.s. teeters on the edge of decline while nothing appears different from the outside of the annual world bank and i.m.f. meeting here in washington nothing sounds different about the u.s. pressing for its agenda of more fiscal stimulus and currency regulation inside changes afoot as these global governing institutions figure out how to incorporate the power of the new emerging economies showing the as their economies grow far

from u.s. soil so to do their role behind these doors more leicester are taking washington d.c. . we are coming to you live from the russian capital this is our two year now let's go to some other news stories making headlines around the world this hour on the religion. has been evacuated due to the threat of a second deluge of toxic sludge it's feared we can wall of a nearby reservoir may collapse hungry declared a state of emergency after thousands of tons of waste flooded several villages this week that killed seven people however despite the sludge reaching the river danube officials say there is little sign it has been a significant truth polluted. suspected taliban militants in southwestern pakistan have attacked nearly thirty times as carrying fuel for nato troops in afghanistan police say two men fired rockets at the palace convoys setting them alight. it comes off to islamabad close to

a key afghan border and protested nato helicopters killing two pakistani soldiers in an airstrike last week the taliban in the region continue to operate despite military crackdown by the pakistani army. engineers have reached thirty three chilean miners trapped underground and since august now the drill has broken through specially designed camps who will be tested before it's used to bring the men up to the surface one by one. mining minister said it's likely to take three to ten more days before the rescue process begins. now let's get back to one of our top stories here on our moscow is moving closer to getting its new man the united russia party has just submitted a short list of four candidates to president dmitri medvedev and there are some surprises that live now to also use etc for full details on this developing story here so it was sort of can you tell us more about the candidates who were they and why have they been chosen. well since this close dismissal that's why speculation

about who exactly they were placed in is just that you know it's a question of how the final consultations and they submitted. in the running now that it's the five minutes. that he was considered by many commentators to be a strong front runner the same a surprise is actually that he's even included on this show this big joining him all say transport minister igor levitin. larry the son of the current female vice. topless surprises on that let the person the beta will now have ten days to make his choice and then another seven days. he will then make the final choice that they did. that he considers the cause. today said being submitted to him ole to be entirely

capable of dealing with the challenges that will face the new variable star. no was sure of the previous mel you were he was in power the method nearly two decades now talk to me about the challenges that the new mayor will have to face. well they'll certainly be some challenges ahead no muscovites against the taping but he was the new mayor is will those candidates will continue ever taking some of the social programs that were initiated under called things like free child support the pension is a benefit that we're given teaches i'm going to be pushing forward some more of these social reforms some of fate of himself is that the resolving some of the social issues that the city faces such as pollution and the constant headaches muscovites which is a huge problem here is really going to be one of the main tasks for the new but another big challenge for them will also be again the public's trust especially as

head of the parliamentary elections next year in two thousand and eleven now that gives them around a year to really make an impact on the public lives of full of the controversy that surrounded to the ways a very successful the bringing out united russia debate amongst muscovites and certainly the hope that they need will be able to do the same you know it's a bus tour of course we want things to retain strongholds in the upcoming elections next year all right the search for life for us from moscow thank you. all right now it's time for the weekend business update with sean stay with us. hello welcome to the business program with me charlayne was folly global finance cheese have struggled to find a solution to differences over exchange rates warning that a currency war could harm the world economy as the international monetary fund's

annual meeting got underway in washington policymakers warned the efforts because it reduced exports by embracing weaker currencies may provoke protectionism and trade imbalances i.m.f. managing director dominique strauss kahn said that using currencies as a tool of economic policy can lead to very bad situations in that the i.m.f. wants to better identify how the actions of one economy affects others. so there is no domestic solution to global problem even if it is understandable that some individual can treat facing huge capital inflow wants to resist this current of volatility and source of instability and possible bubbles so our mobile evening gown dru's. which try was one shot to limit the influence of the capital inflows but it cannot be long lasting solution what we need is more cooperation

on the monetary side and national much assistance. for europe and all bank officials in the economic crisis back in their region because the area is home to many large young economies it's going to be a long recovery for the whole country director for russia explains why russia has better prospects than many other developing economies. russia went into the crisis with a very strong fiscal position and very large you know world wealth funds and had reduced its debt to g.d.p. ratios so russia is a good risk if you think about it is when you know exact number it's the low teens percent of g.d.p. is a debt stock public that. you did have a large private debt but you know the crisis has observed that at this point so there's more reassurances that private russian companies can really can meet their obligations so there is a lot of interest in russian financial instruments because it's

a good risk compared to many other countries now the so-called currency wars has been one of the top issues the finest most isn't heads of central banks of the i.m.f. meeting experts say it threatens to undermine all the work that's being done to restart the global economy the night i'm afraid of a has the background. then you have been is not mines it's the economic equivalent of nepal critics say could lay waste to the global economy countries lower their currencies to gain competitive advantage global trade in the proves his there's no question that global demand there's a lot of there's not an awful room for everybody to grow their way by export and that's the norm when you have a financial crisis in a region and a country your exchange rate goes down it's one of the things that helps the only now not everyone pros outweigh the whole world can governments are making matters

worse by printing cash and slashing the worst of paper money china and the leaders in the currency war the us has announced a new round of money printing which drew down its currency internees premier warned that pressure to revalue the yuan would result in social instability and economic disruption in china russia is a spectator in this war it's exports of gas and oil price in dollars well the ruble tends to pull the oil price russian experts. dominated by tradable boards or tradeable manufactured goods anyway. like a morning where the relative comparative advantage of russia is there regardless of the exchange rate more or less so with this respect the absolute level of the exchange rate is of less significance to russia. to the countries like china. and the. the risk for the coming year is that current

two wars will slow global growth you need to invade a business r.t. . russian market place on friday down for a second day is create a metaphor i think the real pinnacle or cali were among the main. percentile on life that problem was the only. we gain only r.t.s. around percent. now despite a strong start to the week for global stock markets driven by optimistic forecasts for the end of the year almost all gains were raised by friday stephen explains and the last couple of these which will have seen the markets give up almost all of the gains by general early in the week as the new worries have resurfaced about the outlook for two thousand and eleven that the jobless situation in the states the fairly high level commodity prices in the markets have pulled back i mean overall well because the week about one of the have two percent higher for all the major or

global indices and the russian market as well now german energy companies that express their interest in the south stream pipeline among them being a s.f. which is said to be thinking about joining the project at the moment gas problem is just one and european partner if lease any but e.t.f. of france is also in talks to participate on the subject of current gas supplies head of gas probably like say miller says it may exceed last year's export volumes by three percent or more while northern and central european gas consumption is growing so than in eastern europe by tightening their belts and rising gas pumps gas output is mostly driven by domestic demand. and that's your update for this hour but you can always find more stories on our website r.t. dot com slash business. moves.