in the gathering in seoul. shared recovery beyond the crisis is the main theme that of course means money the summit kicked off with a business forum and their president urged the g twenty to create a favorable environment for medium and small businesses he really believes that that will get global recovery going for the first day is very much set up for bilateral meetings president medvedev met with british prime minister david cameron there the dialogue very positive both saying they see eye to eye on many of the top priorities of the g. twenty and of course the top priority is the economy which you can't talk about these days without china we're going to hear a lot of dialogue on the u.s. fiscal policy policy which right now the world is not very happy with what the u.s. just pumps six hundred billion dollars into its economy essentially devaluing the dollar while at the same time pushing pretty intensely on china to revalue its currency it's pushing on germany to lower its exports to spend more to help global

recovery so there is an air of hypocrisy and leaders around the world are seeing this protesters are seeing this party's alice hebert takes a closer look at this high stakes battle for the world's currencies there will be plenty of soul searching at this g. twenty for the south korean capital it underlines its economic awakening but there are may just span out as countries circle the wagons while others try to cool the schulze then there's the problem to the north this is g. twenty is being billed as the financial coming out of the end of the south korea proof of just how far the country's come in the nearly sixty years since the end of the korean war once poorer than it's an old and communist neighbor and now the thirteenth largest economy in the wilds north korea may just slide some full kilometers north of this freedom bridge and demilitarized zone but economically the

two. the threat from the democratic people's republic leaves particularly large and solace in taking any chances with security forces on high alert but it's another conflict on the g. twenty leaders minds the outbreak of the so-called currency war the us lead the charge accusing china of cheating world trade by also officially weakening its currency it wants the one to be. the united states is going to try and saying we want you to commit economic suicide just like japan did we want you to follow the same thing we want you to revalue their currency we want you to squeeze your companies we want you to go bankrupt or you can imagine what the chinese they're laughing they're thinking you know are you guys and he had washington stands accused of allowing its own dollar to windle whiling emerging markets whose own currencies are rising strongly and damaging their export competitiveness complaints intensified after the third rail reserve announced

a second print run of six hundred billion dollars the quantitative easing designed to get cash flowing but with other economies warry will float their market russia's president medvedev wants the summit to agree that when countries that like the u.s. take big steps to save themselves that they consider the ripples it causes to get permission from the g. twenty first. the russian position is that we need more coordinated approach we don't want surprises from partners. we want. a more intensive. and central banks finest means. and this can lead to great some stability in the markets among other leading critics of germany the world's fourth largest economy its finance minister calling the us helpless i don't think the u.s. is making its case any stronger through the measures that is taking through printing dollars to weaken its own currency because that looks far too much like

a competitive devaluations one hundred european countries see it as a dangerous move because what it could do is increase the capital controls around the world but that's not what barack obama wants to hear the president's call for germany along with china and japan to rely less on bad dominant export markets and spend more to all of what death is the truth is that no one is happy with today's international monetary system especially the dominance of the dollar as a reserve currency and america's management of it and what business leaders want the g twenty to realize is that nations will have to fight their natural urge to try and protect their own countries trade and should boost foreign investment less if it r.t. sells south korea meantime sort of gabriel off who is one of russia's leading political journalists told r.t.

that there are ways for china and russia to protect their trade from american dollar fluctuations. we've seen something very dangerous in the global economy and that is the financial sector dominating over industries basically what we see now is americans pumping these dollars to the financial sector once again ignoring the industries that the american position is totally explicable i can't really argue with the americans the most so that's what all depends on the on the states given the framework of the international financial system i would emphasize the initiatives at least the idea which is being discussed between russia and china and that is to switching to yuan and rebels in the bilateral trade now the chinese russian buy a little trade is not as huge as the us china is certainly this will not will not kill the u.s. dollar that is to say we do have alternative options to switch to national currencies will that resolve all of our problems it will not and that's the whole purpose of the g twenty is actually meet and discuss things and they sincerely hope

that they will be not to get another set of slogans following these summits but a deeper mutual understanding understanding well it's good of you to join us today you are with r.t. coming your way in just a few minutes fueling the military machine decade of war desertion leaving the u.s. army stretched thin now recruiters are accused of exploiting war heroes memory to find more for the frontline. races into the formula one world with the country's first super carmaker buying a stake in a formula one team. now it's the latest twist in the summer's big spy scandal a russian newspaper says it's discovered the identity of the man who exposed eleven russian agents working in the u.s. the daily claims it was a former foreign intelligence service employee but so far there's been no official

comment you could just kind of reports. community newspaper claims to have held its own investigation and the sea that call most should call for an officer of the russian foreign intelligence service was a double agent working undercover in the us migration service and it was him responsible for blowing the cover on his colleagues in the united states last summer which resulted basically in the biggest spying scandal between moscow and washington since the cold war era the newspaper says that before this scandal erupted kolo should walk off was offered a promotion by russian authorities which she rejected possibly because he had to take a lie detector test which could have revealed his activities as a double agent and also reportedly so a month before the scandal should walk off daughter and left russia to the united states. and also this could put to him that she might have known that something was about to happen in june american authorities announced that they were arrested

a group of people suspected of being secret russian agents who worked in the united states undercover for years in some cases for decades and they've all been arrested found guilty by a u.s. court of being unregistered foreign agents and deported from the united states to russia in exchange for four people who are serving time here after having been found guilty of being foreign spies back then this summer everybody was talking about chapman and one of the people in that group deported from the united states a very successful young businesswoman everybody started calling her the russian james bond girl and she really got most of the media attention now became a sun newspaper and is now also focusing on the one of the members of that group of deep ordered from the united states this man has already been deemed a super agent and this is mikhail was soon cool left of the soviet union back in

the name. nine hundred sixty s. first to spain and then to a lot in america he became a photographer and it became known under the name of one alongside or traveled to the united states became acquainted with loss of politicians and other officials and this man reportedly denied to being a russian agent up to the very end and it was actually called all sure but of course who presented to the secret materials proving very obvious in golf was a russian agent and it was only even that he actually said his real name to the investigation so some really interesting details are now emerging despite the fact that the scandal itself erupted just several months ago. r.t. if you're going to reporting well britain's or prime minister has condemned the rioting that broke out in london during wednesday's student demonstration it was the biggest protest yet against the deep cuts the country faces to tackle its

massive debt tens of thousands of students marched against a planned hike in church and fees which could see them travel to nine thousand pounds temples boiled over outside the headquarters of the conservative party which is the main group in the governing coalition protesters burned banners broke windows and hauled objects at the police over thirty arrests were made in the classrooms which left several wounded the spike in college costs down the harsh budget cuts come at a time when the u.k. is planning to send more money across the channel to fund the e.u. next year james prior and the e.u. campaigner believes britain could save a lot of much needed cash if you just pulled out of the blue. we're sending forty eight million pounds a day forty eight million pounds a day to the e.u. i mean that's a huge amount of money i mean you know our cases are going if we pull out or least have a referendum on sale and pulling out would be saving that money we can you know we can look at all sorts of other you know savings and all these vicious cuts that you

know that cameron and clegg are bringing in the e.u. which talked there you know this is an organization that hasn't had his accounts altered for fourteen years i think even right from the senate just rejected the latest round of. accounts i mean you know this is you know this is an unelected group of people you know it's all down to interpretation i mean they're saying anything i think cameron's been completely misses rise in this and i think he's also missed the mood of the people i mean the people are really now showing you know that you know we can't stand up to these cats it's all down to interpretation as one hundred twenty billion we send over them we get money back and yes that to you of course we do get to break it down to terms that we can all understand it's the equivalent of sending them two pounds sixty and they say give us a pound back that doesn't make sense to me. it is a veterans day in the united states and the military is hoping to boost its numbers by capitalizing on public emotion for war heroes video games and parades are among

the tools aimed at young people from poor neighborhoods recruiters try to fill their quotas oxys lauren list about an iraq veteran who says he couldn't take any more war and that others shouldn't have to we. automate new york the leaves red and yellow reminders that seasons change green becomes obsolete for people to meet sergeant sure roe first name out this u.s. army all formerly and now but there are vets who are anti military i'm one of them you know there are vets who are anti american specifically because of what they experienced and i'm one of them he keeps moving forward as a college student and activist trying to create change. because he can't turn back time i came to that conclusion that personal conclusion that we were actually not just we hadn't just made a mistake but we were and continue to be in violation of the law to wage the war in iraq that i said it is imperative that i not go though mathis took the military

head on resistance even if more quiet is becoming more common since two thousand and four the number of soldiers who have gone a while in the u.s. army has gone up two hundred thirty four percent according to an army report i would say it's an extra quickly linked to the wars in iraq and afghanistan to repeat deployments to even abuse within the military realities perhaps not told to young people when they enlist they use a lot of different underhanded tactics to recruit youth into the military here you can see for some of those after we already have n.b.a. basketball game behind me the west point military academy drill team is performing because it's military appreciation night sponsored by the u.s. army and it's also student rewards night were students as young as grade school. have been given free tickets to the game. so it's also a recruiting opportunity is what we like to call just kind of community relations

if. it is it could be a recruiting event as well as outside a souped up humvee welcomes kids from this poor new york suburb off their bus the pretty awful hopelessness in virtual reality and video games market flying drones going into battle and firing weapons you know they don't have. you know feeling suicidal again today a video game inside g.i. johnny draws a crowd and the future soldier trainer game as it's called i'm a future soldier draws a new recruit who recently enlisted a group raise you. have ever shot around and you know. the math this is nothing this young man knows will prepare him they say your travel the world and you'll meet interesting people do is really going to be basically that. these promises are sold but something's missing and they never address the brutality they they always

leave it out they just they just say oh you know what the military is like you know if you knew if you've played some shoot 'em up video game one time but war isn't a game and the us military experience doesn't fit into a half time show and looking from a veteran on the other side of it do this with my own class a jacket to a soldier about to embark time almost stand still i was on the do something but seasons will change and time minutes soldiers will keep marching on lauren lyster r.t. new york. the condition of the russian journalist savagely beaten in moscow last week oleg kashin is said to be slowly improving but his wife says he's still a long way from making a full recovery the case has been transferred to russia's top investigative committee prosecutors claim the real chance of finding the people behind the vicious assault question was attacked on friday night by two men who almost beat

him to death with metal rods police suspected journalists investigative work for the comma sun newspaper and his internet blog that provoked the attack. well that story is online for you and r.t. dot com and here's what else we are reading for you on our website right now former president george w. bush breaks two years of silence to give his take on his role in the most turbulent decade in recent u.s. history. and their interactive art that's literally designed to show why this russian artist is letting strangers on the web give him painful. well two attacks on police in russia something republic of dagestan have left seven officers and four militants had both incidents happened in the capital. in the first attack armed men stolen offices private car before using it to drive around and shoot at the police the militants were stopped by a highway patrol who opened fire causing the vehicle to explode killing the

attackers three officers and three civilians were also wounded in a separate attack a policeman was wounded when an explosive device detonated as a convoy was passing. now let's get to some other international news making headlines this hour and iraqi leaders have agreed to create a unity government after eight months of a political standoff nuri al maliki will serve as prime minister for another term under the new deal which includes parties on the shia sunni and kurdish sides negotiations have been ongoing since elections in march fail. to produce a decisive result it's hoped the deal will help to stabilize the country's fragile security situation. the un says that it ease rolls easing of the blockade on gaza has brought no material benefits to the people living there a spokesman said few people would have noticed any difference at all the blockade was imposed about three years ago but it was eased in june to international

pressure after israel's attack on a turkish aid flotilla. now more than six hundred forty people have been confirmed dead as a result of the cholera outbreak in haiti aid workers are trying to contain the disease from spreading further while about ten thousand people are currently being treated in hospitals there are still fears that the outbreak will escalate following last week's hurricane with millions considered to be at risk haiti's health ministry says the epidemic is a quote matter of national security. while russia is set to double up on its stake in the world of formula one it's just been confirmed that moscow based super car maker has bought a share of british f one team virgin racing with a russian event soon to be added to the racing calendar interest in the country is on the rise artie's tom barton has more on a driving ambition seem to have rather exploded onto the scene let's start with the

man behind the company or one of the co-owners of the company nicholai for menko a huge figure within russian racing a distinguished russian race driver and also the host of the russian version of the television motor show top gear this company in the russie of which here is a coach it's is a super car maker it's revealed already some very high performance cars and next year iran's waiting with bated breath because it does announce that early next year it will unveil its first f one car her young stock under construction. in the u.k. the company itself wants to build commercial cars as well as super cars but now it has moved further into that glamorous sports of air worn by buying a large stake no figures mentioned yet but i'm possibly not a controlling stake for certainly according to reports a large stake in the virgin racing team in britain which makes it all first

formula one team so its cars are going to be on the track sooner rather than later and see how they do their name itself what they're going to give it to see a virgin racing mind to track it if you want to see itself is a an informal version of the russian name a real civil war so the real virgin racing which want to chuck schumer from some pundits but before we start making jokes let's see how they do on the track the start of flag seems to be well and truly waged in russia over the past few days has been little bits of news coming out about formula one the biggest of them i suppose in terms of russia in the formula one scene in the world is the deal struck with formula one after decades of waiting for russia to host formula one races in the southern resort of sochi after that city hosts the winter olympics in two thousand and fourteen. reporting there where you are with r.t. it's not over twenty two minutes past the hour here in moscow and you don't want to

miss this summer world war two mysteries will be in about ten minutes time but before that korea is here with all the business news. welcome to business thanks for watching first of the g. twenty summit russian president says small and need medium sized firms should have more access to domestic and foreign capital to help spur global economic growth he said banks may need further encouraged to work with sweeney's russian representatives also call for g twenty countries to open their doors to russian investors the proposal would offset the flow of cash from developing nations into emerging markets. can be deemed valuations or currency wars is a burning topic at the g. twenty speaking exclusively to business r t chairman of the bank and get his firsthand view from korea. conflict creates additional problem are you please to or

mobile the old be. more of a currency market. for the better for the world economy about i think you didn't do to resolve all the crisis. we sure hope for the worst in the situation for many company is. used to reduce the wealth in the world so. we released it i don't think. it's going to resolve this in. time to see how the market they're performing now and here in moscow all the voices are in the read anything trading bank and ross never among the biggest losers but helping lend support i don't snicker and look or well that are putting on around half a percent i'll be up against this hour if you have stock markets are falling losses for the financial sector offsetting earnings announcements from the likes of siemens and bt group in london bt shares rose three three percent after the

telecoms from increased its forecast for full year earnings. russia plans to raise some twenty nine billion dollars in assets sales over the next three years in the biggest state selloff since the one nine hundred ninety s. but many state companies carry heavy debt burden something russia's finance ministry is keen to resolve growth government companies are said to be sovereign entities but still international investors are looking closely at these companies think the state is responsible for their debt that's why i think the states should strictly control the borrowing procedures of these companies before privatizing action or their levels of borrowing will be made public so in order to find a better long term investor the state should optimize their balance sheets to work out ways how the company can minimize its debts at the moment we do not plan to help these companies financially. dr ross autumn has posted its net profit last year by two and a half times the main drivers were mining and. while the volume electricity

production stage from here before overall it generated profits of one point two billion dollars. billionaire or leg to repass and a group of investors are looking to buy out enter oss twenty five percent stake in north dakota that's according to a news agency which also owns a twenty five percent stake in the nickel producer is currently in talks with investors to set up a pool for the bit in a. proposal to buy a stake in the. billion dollars which was for future acted both shareholders have been locked in a battle over the control of. and also seeking to place an initial public offering for its power. and their go into hong kong by the end of the year the russian billionaire says he hopes to generate want to have billion dollars first sale of a twenty five percent stake. and that's all for this hour i'll be back with more in

about fifteen years from now meanwhile you can always find lost always on our website r.t. dot com. this

is just a parliament building in. the. sixty's from years ago. it was the final target of the last major offensive from the red army. its country became the symbol on the fall of the financial sort of. victory older nazi germany. the fall i'm in.

more news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. china operations are today. for the full story we've had for. the biggest issues get a human voice face to face with the news makers. they faced this is not a provocation but a warning. a force that let me show you some everybody you sure disapprove retraced because they have no idea about the hardships that we face. this is. all too nice and. the army. is the most precious thing in the world. uses of self-sacrifice and heroism of

those who understand it fully but you have to live a. real life stories from world war two. to three thousand nine hundred forty five. we are coming to you live from moscow this is ot see the headlines now leaders of the world's twenty richest nations are putting their heads together and sold as they brainstorm a financial revival but the threat of currency wars is casting a shadow over the summit with some countries being seen to exchange rates to keep

themselves afloat at a cost to others. a new twist in the transatlantic spy saga as a newspaper reveals who it claims to trade to russian agents in the u.s. this summer a russian names former foreign intelligence service employee. britain's joining. the. benefits with the biggest display of public tens of thousands of students descended on london against a massive university fees. to e.u. . well next it's spotlight and this time i'll go off to talk to a man who knows the g twenty and the g. eight summits from the inside enjoy.