all. right. from the studio. he starts on t.v. don't come. telling a leap from the cold war to real partnership. problems security structure in europe and coke were great seeing on afghanistan dominates the talks between made us cheap and the russian leaders and. president barack obama

faces a tougher challenge to his agenda as his democrats lose their hold over congress and the midterm vote but many americans fear corporate money may now be running the country. and back to square one in iraq with the u.s. being down we'll look at how local militias are falling back to insurgency. it's eight pm here in moscow i match reza good to have you with us here on r t our top story russia has reaffirmed its readiness to create a joint anti-missile defense system in europe with nato but only on an equal basis is reassurance came after a meeting in moscow between the russian leadership and nato as chief let's get more now from our teaser catarina grotto he's joining us live from central moscow with

more oh a catarina so the meetings between nato and russia are becoming increasing in. crucially frequent what's been the main outcome of today's talks. well that's right it seems that now nato and moscow agree that they need a new global security strategy for the twenty first century and to achieve this goal they need to boost the partnership nato is an organization of which now faces an identity crisis analysts are saying that north atlantic alliance simply has bitten off more than it can chew and it now desperately needs to russia's counsel and advice in that trouble region nato so wants to read itself always so cold war one sided identity ross wilson is a moscow today for talks all in the two main issues the first one is anti missile defense in europe recently made so invited russia to participate in that system but

the kremlin keeps asking hard questions on what role would be given would be just a mere observer of the new technology or will it put to supply in the new system as a hands on mom but will it to dissipate in the entire process starting from construction to activation of this system well sergei lavrov today says that of course the. new system will be discussed in detail curing the upcoming russian nato summit in lisbon in two weeks' time but he said that russia sees. its agreement to accept the invitation is only possible if they take part in the system as equal partners. look at the national solution. is a serious organization everything that comes from the organization is taken very seriously by russian partners in nature have a clear understanding russia's participation in this project is possible and will be based on equal footing before we go into this project this work should be

carried out in full leaders of our state take decisions with. well russia is currently providing nato with crucial support in afghanistan it provides military supply routes for the afghan war and just recently russia to depart for the first time in many years in an unprecedented joint open ration against several drug producing laborde trace trucks but hundreds of millions of dollars were destroyed for russia hope raising with nato on hand to drop policies in afghanistan is one of the top priorities because after almost about complete use tiring and up in russia . so we can see that russia and nato are currently working together on many issues but what about the remaining differences. all russian made to acknowledge of course that there are fundamental disagreements that still divide them but the difference being is that the two sides are now addressing these. issues they're addressing

appropriate to bait russia nato ties have been slowly recovering off to russia repelled georgia's military invasion and saw the setting in august two thousand and eight russia's been there is sun city or tornadoes moving east woodside it's nice to see it as one of the top threats to national security but it seems that chances are high that the two sides could push it was said bottom similar to that the the united states and russia pushed a while ago. that the two sides should not treat each other as cold war anime's anymore but rather like more than day partners. i think our summit meeting in lisbon will represent a fresh start for the russian nato relationship. i think i wish on that meeting will lay the ground for a modernization of the nature russia relationship and this

relationship will be based on the following foundations firstly. that we don't see each other is others as enemy is or at the series. neda's blueprint for change also says that cooperation with. pushing more than just what it's. all right are teaser catarina groucho but joining us live from central moscow with that report thank you. turning to the us now president obama's democratic party has narrowly managed to retain a majority in the senate in midterm elections but the house of representatives is now in the hands of the republican opposition with congress now divided between the two parties it will be much harder for the president to move forward with his legislative agenda but many voters have other concerns analysts say people are

worried about the corporate bankrolling of candidates after a vast amounts of campaign cash was poured into these elections. and we have a totally new reality the united states since the supreme court citizens united decision that said that corporations can essentially spend as much money as they want to in campaigns it remains to be seen how much that really is going to affect american politics going forward but it's a definite concern i think though that in the short term the biggest question is going to be how are these new rip party republicans going to make the transition from agitating to governing voters didn't vote necessarily for the republicans or for any of the things that republicans were saying they wanted to do they voted out of fear and anger against obama and the democrats not so much personally but out of fear of what's happening with the economy and with jobs what they're saying is pay attention to us pay attention to jobs don't worry so much about these other things like health care reform or climate change obama has to have a very clear where he wants to take the economy and the choices that he wants to

make i think he has those and then he has to go to the republicans john boehner in the house and say here's our plan what's your plan how do you achieve what you say that you want to achieve and what things do you want to cut the republicans haven't been able to articulate one single thing that they want to cut and they say that spending cuts are what's going to bring the federal budget back in balance but you can't pin them down on anything so there are some very interesting times coming up in the united states. russia's state duma foreign affairs committee is reconsidering its support for the new nuclear arms reduction treaty between moscow and washington it has recalled an earlier recommendation to ratify it the committee's head says the decision follows the outcome of the america's mid-term elections he says if the start treaty isn't ratified by the current group of senators chances that it will be a rubber stamp by the new republican dominated congress are slim the presidents of russia and the us signed a new agreement in prague in april mccallum arguello from the russian foreign

affairs committee and the federation council believes that whatever happens to start it won't affect the reset in relations there's nothing wrong. with that i were lesions with the republican party. and all the criticism all the republicans against star three agreement for example were once criticism of the against russian position or. views of that star three room and book against the position of democratic government during the negotiations and against against obama . primarily so i think that reset is not in danger. you can catch that full interview with michael margot of coming your way on thursday in spotlight stay with us coming up here on r.t. . for millions of brazilians poverty and hunger is a sad fact of life but now some people unable to stomach waiting for the government to help are planting their feet firmly on the ground. as

a wave of violence strikes iraq we take a look at whether the u.s. withdrawal is forcing some to support the enemy is coming your way in about twenty minutes here on r t. russia is mourning the death of a veteran of post soviet politics viktor chernomyrdin in the one nine hundred ninety s. chair tamir it was russia's prime minister during the difficult transition from communism in one thousand nine hundred thirty russia and the u.s. created a joint commission on economic and technological cooperation it was known as the so-called gore turning mirrored commission that also dealt with the use of plutonium extracted from nuclear weapons and also served as a presidential representative on the balkans during the yugoslav war in the last few years he was russia's ambassador to ukraine whether in strained relations between kiev and moscow. a famous russian anti-drug enforcer who authorities wanted jailed for up to twelve years has been sentenced to two and a half years probation your bitch cause of tackled the drug problem in the urals by

forcing addicts into rehab but his methods were slammed as inhumane despite winning huge public support r.t. sara four thousand more. this comes today than looking for you but of course he has been found guilty of kidnapping and a legal at attention that these women must that's the bitch and the action for that is that. as part of that take me to help pick up forcing people to quit and fight that addiction he was found guilty with to police and we see this case really showing nationwide attention even president but they did come and sing out it was saying that the case needed that closer attention and many supporters have been saying that i fall for that big honest bitch culture that actually have been commended for his action with fish of operating initiative to help the main foundation city without a new question but that the people who actually live that have seen the positive

effects the biz actions have we had shifted you question but just over a month the guy had the people who is taking the side of the chief ten years ago that would know you guys and so the talk if they can was so bad you know people were afraid to go there for it to let their children live and they seriously had that knowledge to feel. very very positive and even more interesting that some of the drug addicts at least like to. see the treatment that themselves the thirty's methods are incredibly harsh that actually they were you know we can end up in the fountain if anyways but he has that the same approach that despite the criticisms the most important thing here is that you test the fact that these methods are having a positive impact eagle carried out over two hundred operations against drug dealers as a result the mortality rate is hosed the gypsies are afraid to sell drugs and consequently don't bribe you for it is clearly the authorities that didn't like that. interests me is told to compare the method it's called in this case again to

you cast him back with the foundation's been up for a take much longer for even ten years at the. they've now got to a situation where they're actually working with both parties and that's working very well but they say that it's all been legal i with the law says they need to sit through that outside they should not discuss in south was that that they would simply stepping in to the academy that wasn't being addressed properly in the first place took a day. this is just takes but around thirty thousand people a good thing to get taken on if this is the test they say that that's not a. drug addict in russia certainly a drug addict it is an issue that needs to be tackled. brazil's new president dilma who has vowed to intensify the government efforts in fighting rampant poverty there but despite advances made by her predecessors hunger and i don't point are still the reality for millions of brazilians now out of it now the downtrodden are sidestepping the government and leading their own fight for change from the ground

up artie's lauren lyster reports from sao paulo just a simple life let us tending your own garden. growing your own food it's a simple life worth fighting for even if you've built it illegally says six times they've tried to kick us off and together with the church and with some politicians we've been able to appeal standing your ground because another life when you've worked to escape is always in sight not far from where you toil these are the favelas they are the slums in brazil it's the way the majority of the poor live in this country and we're here just a stone's throw away on a settlement this is where a group of people now live off the land in a commune as an answer to the poverty and joblessness in the slums brazil is the largest country in south america and almost half of the farmland is controlled by just one percent of the landowners and there's a lot of activism to

a huge social movement in fact behind changing that. misty struggles so brazil can do radical agrarian reform so that we can settle the land. and get rid of property pushing to get all poor brazilians like the forty families living here back to the earth after they were pushed off by the world. when the green revolution led by powerful foundations and governments like the us turn farming in the developing world into an expensive and high tech agricultural industry with this revolution huge businesses occupy the land and this has been happening since the one nine hundred fifty s. and they've been kicking small farmers off the land the kick them off and they send them to the city saying that the cities need workers but the cities didn't need all those workers so while the land became a means to produce and export food for the world to consume benefiting the few people who controlled it it was lots for the large landowners the bank owners and the multinational corporations small land workers like these lost their jobs to

technology or lost their land going into debt trying to compete and were left to starve or today it is very much an oppressor capitalism is becoming a monster because wherever the market or product is the principal focus everything or everyone else ends up excluded but everyone's included here in their own collective socialist solution a model of their dream for brazil if. we want wealth distribution for the poor and the workers we want land distribution the green revolution of their own. a simple life worth fighting for lauren lyster r.t. so paulo brazil. and remember our website is also keeping you up to date twenty four hours a day here are some of what you'll find online right now at r.t. dot com. hopes are running low for women in afghanistan a shocking number of fall victim to domestic abuse and violence with the suicide rate on the rise despite international efforts. and the moscow landmark

metro unveils a new attraction as it turns one of its stations into a new c.e.o. more click on over to r.t. dot com. the u.s. federal reserve is set to reveal its plans to pump five hundred billion freshly printed dollars into the economy the move as it is designed to revive the weekend u.s. financial reform and reduce unemployment but economists warn that the strategy may result in the drop of the dollar and the rise of consumer prices for more about the risks we turn to economic researcher william engdahl he's also the author of the book gods of money wall street and the death of the american century thanks for joining us so do you think the move will be a saving grace by the fed. the no i think the problem is the fed is pushing on the string is that it was called during the great depression. the money the five hundred billion it may be as high as one trillion on top of the almost two trillion

that the fed has has pumped into the banking system since two thousand and eight is simply going to. fix the balance of balance sheets of fraudulent big banks such as citibank j.p. morgan chase goldman sachs and so forth the ones that created this ponzi scheme called the sub prime real estate securitization bubble back to back in the earlier part of this decade so i don't see any way that the fed's action is the q.e. two as it's called is it is going to ameliorate the situation households are tanked up on household debt private debt they can't borrow any more in the banks won't lend the money is going to go into a new stock market bubble if anything. the immediate upshot of this means that the movement that means that the dollar will drop do you think the risk is that risking the u.s. is risking the escalation of the currency wars in this case as many other currencies are at play here. well i think they're not

very very concerned about the dropping of the dollar at this point there and i have from inside sources inside the fed in washington recently that they're privately terrified of the danger not of inflation but of deflation and that like you had in the great depression during the one nine hundred thirty s. in america when that sets in that's maybe a ten or fifteen year long process to to root out of the economy and that's really what's behind this so they're desperately trying with limited tools to pump up the large banks so this isn't the overall banking system it's twelve or fourteen mega banks the banks that are too big to fail and that's not going to go into the real economy that's a problem and they know that do you think we may see a new global reserve currency emerging from this and what do you what if any do you expect that it might be. i don't see any global reserve currency that that requires

a global government and god forbid that we have that anytime soon at least in my lifetime i just don't see the unity there i don't see the. the unity in the countries of the eurozone here in western europe so i don't see we're anywhere near a single global currency even though some some people would advocate that i don't see it or he even has simply just a new reserve currency right now many countries use the dollar but is there anything else perhaps the war on perhaps the yen that might be coming to the forefront as a new reserve currency. well i think by default the euro was going to increasingly fill that vacuum but i foresee regional currency arrangements or stabilization arrangements like you had with the chinese who won in the currencies of south korea and some of their major trading partners as well with the eurozone or most of the trade is inside the countries of the european union and and not with the outside

but i suspect the default winner of a new reserve currency role would be the year over and that's one reason that we saw the greek crisis back in january of this year it was wall street and the u.s. treasury trying to deflect attention from the weakness of the dollar by focusing the events on greece and the euro crisis but now we see that the dollar is fundamentally far weaker than the euro was i said at the time that the chinese currency is currently tied to the dollar and relations between the two i've been strained since the last time the fed did this what do you think we can expect now. i don't foresee that the chinese are going to radically change their currency policy in terms of the flexible peg to the dollar those the tend to call it in recent months. they have a problem that their major trade relations are denominated in dollars it's one of the downsides of the dollar being the world's reserve currency and commodities

traded in dollars oil traded in dollar and so forth so the chinese really would be a great disadvantage if they were dramatically to do with geithner in there and the treasury have been demanding and i don't i don't foresee that happening all right we'll have to leave it there william and author and economic researcher thanks for your perspective but stay with the financial theme and check in with what's happening in the world of business really a book about joins us in a moment. hello and a very well welcome to the business news russia is taking another step to attract foreign investors to the school in the they should project the country's migration service will open a special department to result possible visa problems competent peca founder and c.e.o. of spin forest told r t about his confidence in the project. i have heard both two

arguments one says that you cannot found silicon valley on the other hand russia has a history of making big business sense and building projects so it might happen it's not going to replace all of our great cities telling them but on this one a false something that both has some great potential and many other cities and i think what russia is doing well in skolkovo is at tracking the largest foreign investors in it than that and i think this is this might be the fact that it's going to make it successful are you advising your clients to invest in russia we advise in our clients to work in russia in turn out it definitely because we see a lot of very certain people but you need for western companies very survived amount of natural resources very very strong fundamental science in chemistry physics my various technologies and various abundant capital to strive for this development on the same b.b.c. but russians and this time but need for foreign partners for modernizing its

industry and the bill up in the sea in the vase what you want to see was the startups investing of rule it's a simple reason is that kind of that is how the global ice economy works if you want to abstract capital you also beat me able to invest capital abroad and also not all companies but for us the need for us modernization and innovation are ready to locate russia in the very beginning and it's not even necessary but this is going to give the country out treats to have a tap into the global innovation why would you leave nokia the world's top mobile phone manufacturer to work in nanotech i spent twenty years in the ip industry and there i saw i.t. need for information and now what i see is that nanotechnology is to build the same transformation for matter. russia has banned the sale of frozen poultry just months after a ban on chlorine treated bars disrupted imports from the u.s.

regulators say frozen chicken house last month valued event takes effect on the first of january both importers and local producers like previous health measures the ban will mostly affect u.s. farmers who until this year with the largest poultry supplies to russia the world trade organization which russia may soon join says the ban has no scientific justification and breaks rules. and russia's service is a growing up the fastest pace that softer the hit waves the some of course the sector to contract the trout killed up to forty percent of crops in some areas pushed up prices and lowered the business activity index but last month the index rose from fifty one point five to over fifty five indicating a special coverage in the service sector this data is in line with the recent world bank report which claims rising incomes soon to raise short term interest important to levels. a four point two growth rate this year and the slight improvement for

next year occurred around four point five that's the basic demand and credit recovers. so it was a good message is that there's growth in russia in particular is driven mainly now by domestic demand which is produced it's locally driven right so you're less liberal perhaps there aren't any pretension to sort of ration it outside markets. let's see how the markets are doing your stocks have slipped into red despite an improving drops picture on the republican party's stay cool the house of representatives investors are waiting for that expected stimulus announcement from the fed. over to europe european stocks declined for the first time in five days and that's just waited for the outcome of today's federal reserve meeting to see whether it plans to pump more money into the economy. and in moscow the bourses closed mix investors were not making any big moves so far this resistance factor coming as russia prepares for two days of national holidays. russia state

the largest oil company gas from left has reported to sixteen percent increase in net profit for the third quarter the company has benefited from rising production and sales especially on the domestic market. for thought growers given the mind that b.h.p. billiton a run for its money with a rival but for canada sport tosh corporation that mr says foresaw growth wants to put together a coalition of canadian and russian banks to supported spit but touch corp is valued at forty three billion dollars that's higher than b.h.p. billiton slater's awful thirty eight billion dollars the deal is yet to be approved by the canadian government was to be announced today for segro spokesman said the company will comment later on wednesday. all that's your business update for now during the next hour for more business news.

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