every month we give you the future we help you understand how we get there and what tomorrow brings the best in science and technology from across russia and around the world to join us for technology update on our g. line. would be soon which brightened if you need bounce phone from phones to christians. who for instance on t.v.

dot com. fifty. five. lead above justice children of russia are accused of being above the law with one daughter of a top official walking free. with. the west a common thing west still to come. as more to come as the u.k. gears up for major cuts to public services and. the government's failure to learn from its mistakes leading to another. city of

the rich and glamorous and hungry a survey suggests the pay gap in new york is now wider than that of india. worldwide news from the center of moscow this is a welcome to the program the daughter of a russian official who current two people killing one is facing a retrial a russian code says there were major violations during the first hearing allowing the woman to go free this case is just one example of what critics say is a trend among the children of russia's elite to live recklessly beyond the law. when to meet one of their alleged victims. when valarie three day it was no use

down by a car it was the beginning of a long and very difficult to recovery it was their first start the following was not that they say in but that was five years ago and since then you think the negative pain but investigated he suffered horrific injuries and the memories of that day are still very clear in his mind. i remember exactly how it all happened moment by moment my friend ilya myself was standing here as we pointed he left across the street in the green light i remember the green light vividly i had turned and started walking in that direction when i heard a sound and saw something flying towards me the driver of the car was eighteen year old. daughter of a former high ranking f.s.b. officer for larry's case all they being tonight a criminal trial did make it to the civil courts. and of. we are

three hundred thousand dollars in compensation she was sentenced to pay three thousand dollars to me and she did in installments but before the trial she was a major shareholder at a commercial bank in moscow at the time of the trial it appears she was just a poor student with twenty dollars monthly maintenance allowance. valarie made eight attempts to have criminal proceedings launched but was refused every time. if an ordinary person had been in her place they would have faced criminal punishment long ago the incident is too serious to refuse to open a criminal case there seems to be a category of the population in russia which is immune from criminal prosecution it's not the first time that children of high ranking officials have caused controversy with their reckless driving an apparent lack of punishment when an ash evan cave are not down to women killing one and severely injuring. another images of her checking the damage to her car and not the victims caused outrage her three

year suspended sentence was recently revoked she to problems with the legal proceedings but the case will be retried soon. a patent can commit a crime to one person and injured nada and remain unpunished admission carwell was not and will not be punished properly for what she did to us i'm sure. for larry's repeated attempts to get the case tried in the criminal cause of let's accusations against him with the abuse of the family claiming he jumped in front of the car and was trying to extort money from them in response to larry made an online play to president dmitri medvedev. i hope for your objective help mr president. an investigation into the legitimacy of the refuses to launch criminal proceedings has now been ordered. i made my own

statement not because i want compensation for my health but because i have been accused falsely and because of all the corruption i want justice. with the full investigation yet to be conducted abuse of her remains in the driving seat larry left to slowly rebuild his life with the help of friends and family their fair r.t. have been scrooge in. public services in britain facing a massive cuts in their budget as the government looks to fill the hole. in its balance sheet but economists say financial doomsday hasn't even happened yet and politicians aren't learning from the lesson of the last crisis. reports on this. the start of a new working week in the city of london in the eye of an economic storm life goes on as normal but those who work here know that the financial crisis is far from.

the worst to come i think the worst still to come i think the worst of it there is more to come how much more they're talking about the financial crisis we've already had but according to some economists we ain't seen nothing yet certain respected finance. other than solving the issues that caused the last financial crisis governments and central banks like the bank of england behind me i'm actually leading us towards an even bigger meltdown and they can't see even seem to agree on what to do in europe the powers that be are stopping the money printing machines over in the u.s. the federal reserve has just announced another round of quantitative easing but who's right nobody is right i mean that's really the problem the difficulty is that when you've drunk three bottles then you may well think that you're capable of putting the world to right but at the same point in time you know you're going to wake up in the morning with

a hangover this is the point where we're working up in the morning with a terrible hangover in a new book the gathering storm a group of finance he has got together to say that governments have learnt nothing from this crisis policymakers are applying old models in their economic projections and that could lead to inflation hitting ordinary people hard when looking at the fiscal position. of the size of the deficits that governments are running. in relation to the size of the economy is yes we are we facing. sort of conditions which would be more associated with water time than with a peaceful prosperous development and that doesn't look sustainable for very long debts will have to be repaid and restructuring will have to begin but in the city there's a fear that people are in denial for sense of security i think yeah i think it's very convenient from the political perspective and overall feel good.

to feel that you know people want to feel better you know but it's the fundamentals are not great people are still in denial out. there from the tax man starts chasing people who can't buy them not be a problem that idea may come home to roost early as this week when the government announces extensive cuts to public services we shouldn't assume that the period of extreme global weakness which followed the lehman brothers collapse is the worst episode in this long drawn out depression there could be much worse episode still to come. and here in the city of london that would really put the cat among the pigeons nor and it r.t. . you all with r.t. it's good to have your company today and still to come of the program brainstorming and a bridge building the french a seaside town of the view hosts russian and european leaders for

a true way to warm up relations. it's one of the richest cities in the world home to bankers expensive real estate and luxury stores but recent figures suggest the pay gap between new yorkers is now wider than ever artie's anastasio kind of reports on how the big apple is split to the core. the lucky few are shopping for shoes where thousands of dollars to chanel's and just a wave of a wallet away just a few steps away a person with their entire life belongings in a shopping cart look serious lifestyles the rich people in new york are richer than rich people most places are living side by side with those for whom surviving in a tough economy has become a full time job according to recent published report the gap between the rich and poor in the big apple is greater than india country where the majority of the population lives in poverty we live in a winner take all society where there's

a small number of stars who make vast salaries and where the majority of people have too much money at the end of the money last year one and a half million people were registered living in poverty in new york meanwhile the city's richest are still enjoying the high life the rich people in new york are flying around on private planes eating caviar renting yachts the net worth of the less than sixty richest new yorkers has recently spiked by an entire nineteen billion dollars one percent of the population controls seventy percent of the returns to well it's never been that high it's never been that bad but this somehow ends up being reflected only on the less fortunate i can spend five thousand dollars on that piece of jewelry. a handbag would you ever buy a bag for five thousand dollars. think so housing is one of the main symbols of this wealth gap.

parity. realtors selling luxury property are not afraid of going out of work probably the most expensive. yeah thankfully new york has rebounded quicker from protection in two thousand and nine than any of the other major american cities but that's mostly true for the rich every night about one thousand people sleep in the subway system of new york meanwhile the most expensive hotels are doing as well as ever something the rich definitely like to splurge on the new york city of luxury hotels if you have an extra buck to spend in your wallet why not spend it on a hotel room for twenty two hundred dollars a night or plug in a massage in your room for a mere three hundred dollars this thousands across new york fill homeless shelters

with no room to spare three terms one hundred eighty five i have put you to one hundred eighty five with each meal while the number of people relying on a free meal has gone up by fifty percent over the last year others are not even keeping track of their spending three thousand four thousand of them are working on a story about the gap between the rich and poor in new york what do you consider yourself to be. the possibility of the wealth gap narrowing is far from being around the corner right now we're debating about whether or not to give tax breaks to the richest americans to keep this kept going to keep growing but if this gap widens even more new york me soon be split into two different planets the big one with tens of thousands struggling for survival and a small one with a very lucky few this future for the big apple could not be far especially while the city's mayor is considered the second richest person in town. new york.

the tiny french resort town of hosting an international brainstorming session for three major world powers russia's president will be the guest of the leaders of germany and france to focus on woman ties between moscow and the e.u. because of reports. the tranquil setting of the french seaside town of derby is expected to be the perfect backdrop for the so-called troika dialog with him individually and his colleagues in the protests are cozy and angled markel are expected to discuss many issues not only relating to european matters but also those concerning the international community specifically the tasks that lay before the group of eight and the group of twenty stability in the middle east the ongoing situation with afghanistan and of course iran's nuclear ambitions but they're bringing a lot more to these discussions specifically the economic crisis and its effects on

europe on by a lateral and european trade with russia of course the framework with which russia is prepared to cooperate with nato the north atlantic treaty organization and the various other aspects of cooperation between russia and of nato as well. to be talking about life in europe and european security and my idea about signing the european security treaty fits nicely into these efforts we hope is possible documents and other efforts taken by our country to provide security will receive an adequate response in the world. but there are other items on the agenda as well a visa free regime for russian citizens is expected to be brought up in the discussions russia citizens at the moment are requested by the schengen agreement to acquire a visa before entering european states russia forces long been negotiating a visa free regime for its citizens and that issue is definitely going to be touched upon by the russian president when he sits down to meet with his colleagues

from france and germany but all of the leaders saying that this kind of dialogue is very helpful and has a lot of potential because it is less formal and therefore the three leaders will have a chance to speak freely and perhaps achieve more results that way. oh political expert. in the off believes it's highly unlikely russia will ever become an equal member of the e.u. or nato. russia in my mind is too big and too russian both for your opinion and for nato. they're not eager to see russia inside nato was created to keep america in germany and russia. and america in is the real purpose of nato but keeping germany down in russia dated missions.

and more of that interview is next hour right here on r.t. well it's a day of mourning in the southern russian region affected by the weekend's massive flash floods at least fourteen people were killed with nine still missing almost four thousand have been caught in the deluge with many villages in parts of the krasnodar region swamped by heavy rain the storm calls to local rivers to burst their banks and lead to mudslides in the mountains several sections of the north occasion relm roadblock and bridges destroyed officials say those situations slowly getting back to normal with vital energy and water supplies now being restored. well attempts to build a multicultural society in germany have completely failed that's the view of chancellor angela merkel she said migrants needed to make more of an effort to integrate including that of learning german comments follow a number of recent and he immigration statements from politicians in the country in

a recent survey also said that some thirty percent of people there believe foreigners are taking over one german journalist says a western and muslim civilizations haven't yet found a common tongue. what i believe is that there is a place for muslims in this world and for their culture they have a place to live and there is a place for european and western culture to live in what i don't believe is that. they will live peacefully together we have a clash not only of civilizations and of religions we have a class pleasure of ideologies we have served on that much money behind them that if we would have that money back we wouldn't have any financial problems in europe the economical problems what we have right now is also because they have taken a hell of a lot of money from us to give you an example. the migrants in germany have

so for up to the year two thousand and seven they have taken in more than one billion i mean the english billion not the american they have taken more than one billion euros more out of our social welfare system than what they have paid into our system one billion euros. the first of twelve u.s. soldiers accused of terrorizing and murdering afghan civilians is set to face court martial officials say the rogue platoon took drugs and killed people for sport while commanders seemed completely unaware of their actions as military computer contributor rather says that the case reveals a wider problem there lots of difference between the soviet an american experience in afghanistan but one of the most insidious. and the harmful difference

is that it was the cia who initiated the promotion of that drug distribution trying to undermine the morale and a spree to core of the soviet forces in afghanistan and thirty years later during the almost ten year u.s. occupation of the contrie united states pot policy in afghanistan still condones if not promotes the drug distribution and production and trafficking in afghanistan now with the us pot policy of piecing narco farmers the united states has stepped on to the narcotics booby trap and the latest see at the case of twelve scallop scrapers and sports shooters demonstrates to what extent the u.s. drug store policy in afghanistan has backfired according to the latest data the

whole platoon of the stryker brigade was heavily on the dole even before their deployment from the continental united states to khandahar province as a result of these bloody scrapers totally dismantled disrupted and destroyed the whole concept of the hearts and minds of the counting insurgency policy in its application in afghanistan. and you can check out our website for more from our military contributor the blog section was just a click away and it's a taste of what you'll find right now online dot com u.s. trade unions are under fire for neglecting their duties leaders are accused of spending more time looking after their own political interests than those on the rights of workers. and the world of fashionistas are flocking to moscow as models

struck their stuff on the catwalk salva russian fashion week for the latest collections and what's happening there just hold on head over to you r.t. dot com. now let's check out some other world news in brief this hour there are fears a better chance to go aboard in paris could be left without fuel as a result of those strikes that french all refineries but the country's transport minister are saying airports are being supplied with jet fuel also students of clashed with police in leon they joined the country's protests against government plans to raise the retirement age meanwhile in belgium the rail workers are on a twenty four hour strike against job cuts and plans for privatisation the eurostar service between london and brussels is among those affected. thousands of people are fleeing their homes as a super typhoon has hit the northern coast of the philippines many schools have also been closed to meet high winds and heavy rain prompting concerns of floods and

landslides it's four years since another storm in the country triggered mudslides and left about a thousand people dead. a roadside bomb has left at least three civilians dead in western afghanistan police say the explosion occurred as they were trying to defuse the bomb hidden under a bridge earlier nine security guards protecting a nato supply convoy work killed in the south of the country it's thought that the taliban were behind the attacks. well cross-talk is coming up. about ten minutes time but first and i was there business news with you. that's right time to delve into the world of business b.p. has agreed to sell assets in venezuela and vietnam to its russian joint venture team k b p for one point eight billion dollars the deal includes b.p.'s stake so three joint ventures in venezuela and two gas fields in vietnam the same spot of

the peace plan to raise up to thirty eight billion dollars by the end of twenty eleven to help the company meet its financial obligations after the gulf of mexico oil spill their positions will be financed from the own greek sources and won't require additional debt. this is all part of a global expansion plan to take a pee and has adopted for itself in a minute attempt to diversify itself out of russia and become become a druid local company. so as a starting point i think the first step towards that go this route to the modest sized modestly sized acquisition might be just the right size. and banks having a lot of capital minimum risk sense serving customers through skype the chief financial officer one of the leading your eyes on banks and tarsus and policy says that is how the whole banking system should operate off to the financial crisis. spoke to

call him a senior. we live for sure in the future a banking system with more capital but more liquidity and less leverage because of the quality leverage where there are many reasons for the crisis and also looking at the customers the need is to be opposed to shown to try to satisfy the customer because in these two years all the clients is reduced to a trust in him banker they could use their loyalty so we need to recall their relation with. and we need to to act in such a way to make their rescale. in profitability being sustainable for profitability for the future how will the companies and people feel these changes we need to

to to to put in a position the client to feel more quality in in the service or less prize they ever to be able to be with the relation of the big the point is not only communication but to mandate relation with different distribution channel because we have now a very massive especially literally very massive how to do to use our brain trees so probably we have to move with them all these twenty way of making a relation with the client so we had more all in banking with the doctrine of course to serve the two or four for our clients. can rush out they are just in the mindset some next month sort of blue chips in the red with energy excess posting biggest losses on falling oil prices bucking the trend as bank its shares are rising point eight percent helped by strong financial report for the first nine months of the year. and a look at the markets european stocks are flat but the shares of philips

electronics falling nearly five percent after the group offered a porsche out for. for the rest of the year and abandoned for rio tinto and billiton weighing all those shares in london and one other big movers the shares of . management have jumped classic percent in london offtake hurrying to five world bank of canada around one help in donal's. oh the privileged regime for foreign carmakers is likely to come to an end next february that's one of the made on russia spots to the w t o in future foreign call make us will have to produce cars instead of assembling them and source the parts locally reports. the japanese company to rad opens a joint plant with gaz group subsidiary risky machine to produce heating element another car parts so you are no more currently our strategy is based around one consumer gods but we do plan to extend our business in russia and work with both

japanese under foreign carmakers our goal is to find new consumers by twenty twelve . foreign spare parts make is a more than welcome johnson controls by connecting him out early among those working in russia but it's easier for them to enter the russian market with the help of a local giant we have a very good supply base today but in some cases we need new technology and then it makes sense whereas for importers to localize. this september the ministry of industry and trade announced new rules for comic they should raise output to three hundred thousand cars a year from twenty five thousand and double to sixty percent the parts that they obtain locally this would boost the local component industry but industry insiders say it's too much too soon these requirements could be made by very few companies for example these are most in that the russian o.e.m.'s who have the largest volumes and potentially some of the foreign oil we are enjoying good market share

and already are selling a. of one hundred thousand close to one hundred fifty thousand the ministry of economic development is not favoring these very strict regulations and they are proposing an alternative which is much more flexible however not well defined in there so i would imagine the decision will be some sort of a compromise few cars nowadays have a national identity they contain parts from around the globe ironically international car makers sourcing more of their parts in russia could turn out to be more russian than the better known domestic brands. business. that's a business for now and next hour join my colleagues. for more business news and log on to our website.