world's biggest economies are keen to stop nations using their exchange rates to keep their own countries afloat at a risk to others and he's in no way follows 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 top priority is the economy and you can't talk about without china president medvedev did meet with president hu jintao in bear they most likely spoke about the u.s. fiscal policy which the world is not very happy about right now the u.s. of course demanding and pushing very hard leon china to revalue its currency while

at the same time pumping six hundred billion dollars into its own economy of course devaluing the dollar so there is an air of hypocrisy and leaders around the world are seeing this protesters are seeing this artie's alice hebert takes a closer look at this high stakes battle for the world's currencies. they'll be plenty of soul searching at this g. twenty for the south korean capital it underlines its economic but there are may just spots around his country circle the wagons while others try to cool the schulze then there's the problem to the north this year's g. twenty is being billed as the financial coming out to 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 a northern communist neighbor and now the thirteenth longest economy in the wilds north korea may just full kilometers north of this freedom bridge and demilitarized

zone but economically the to paul's the threat from the democratic people's republic was particularly. and solace in taking any chances with security forces on high alert but it's another call all the g twenty leaders minds the outbreak of the so-called currency war the u.s. lead the charge accusing china of chasing 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 your currency we want you to squeeze your companies we want you to go bankrupt or you can imagine what the chinese are saying they're laughing they're thinking you know are you guys and yet washington stands accused of allowing its own dollar to windle wallinger merging markets his own currencies are rising strongly and damaging the export competitiveness complaints

intensified after the third rule 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 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 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 the. evaluation one hundred european countries see it as a dangerous move because what it could do is increase the capital control 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 last fall bad dominant export markets and spend more who is calling 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 and less if it sells south korea well meantime sort of gabriel off who is one of

russia's leading political journalists told us here at 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 of 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 national financial system i would emphasize the initiatives at least the idea which is being discussed between russia and china and that is to switch into yuan and rubles in the bilateral trade now the chinese russian buy a little trade is not as huge as the u.s. china is so that this will not will not kill the u.s. dollar that is to say we do have alternative options to switch into the 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. where you are with r.t. it's good for you to join us today coming your way in just a few minutes the military machine a decade of war and desertion leaving the u.s. army stretched thin now recruiters are accused of exploiting war heroes memories to find more for the frontline also. raises into the formula one world with the country's first super car maker buying a stake in a formula one team. now it is 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 come our son daily claims it was

a former foreign intelligence service employee but so far there's been no official comment that you got a percent off 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 paula 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 several months before the scandal should walk off daughter left russia to the united states. and also this could be called hint

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 on a chopper and one of the people in that group deported from the united states a very successful young business woman everybody started calling her the russian james bond girl and she's 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 deported 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. nineteen 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. traveled to the united states became acquainted with a lot of politicians and other officials and this man reportedly denied being a russian agent up to the very end and it was actually you. who presented to the secret materials proving that. russian agent was on the event 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 go to chris going to reporting well britain's prime minister has condemned the rioting had broke out in london during wednesday's student demonstrations it

was the biggest protests yet against the deep cuts the country faces to tackle its massive debt tens of thousands of students marched against a planned hike in tuition fees which could see them triple to nine thousand pounds a year tempers boiled over outside the headquarters of the conservative party which is the main group in the governing coalition protesters burned banners broke windows and hurled objects at the police over thirty arrests were made in the clashes which left several wounded a spike in college costs and the harsh budget cuts come with a time when the u.k. is planning to send more money across the channel to fund the e.u. next year james prior e.u. campaign believes britain could save a lot of much needed cash it could cool down the. resending forty eight million pounds a day forty eight million pounds a day to the i mean that's a huge amount of money i mean you know our cases are going to if we pull out or

least have a referendum saying i'm pulling out will be saving money we can you know we can look at all sorts of other. savings and all these vicious cuts that you know. that cameron and clegg are bringing in the. rich talk there you know this is an organization that hasn't had his accounts altered for fourteen years i think ever right from the center just reject the latest round of. you know accounts i mean you know this is that 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 vies on 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 that it's all down to interpretation as one hundred twenty billion we send over then we get money back and get 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 veterans day in the u.s.

the military is hoping to boost its numbers by capitalize on public emotion for war heroes army video games and parades are among the tools aimed at young people from port neighborhoods recruiters trying to fill their quotas artie's lauren lyster met an iraq veteran who says he couldn't take any more war and that others who shouldn't have to with. autumn in new york the leaves red and yellow reminders that seasons change green becomes obsolete for people to meet sergeant sure rove 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 him extensively 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 efforts 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 where 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 to be compete with putting events as well as you know outside a souped up humvee welcomes kids from this poor new york suburb. off their bus to prey off of hopelessness 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 this future soldier trainer game as it's called you just showed you draws a new recruit who recently enlisted you praise you. at every shot around and you know. the math this is nothing this young man knows will prepare him and they say your travel the world and you'll meet interesting people. is really going to be

basically. 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 you knew you've played some shoot em up video game one time but war isn't a game and the u.s. military experience doesn't fit into a half time show and looking from a veteran on the other side of it this was a mile across a jacket to a soldier about to embark time almost stand still i was going to do something but seasons will change and time minutes soldiers will keep marching on lauren lyster r.t. new york we're coming to you live from moscow this is r.t. 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 off from making a full recovery the case has been transferred to russia's top investigative

committee prosecutors claim they have a real chance of finding the people behind the vicious assault caution was attacked on friday night by two men who almost beat him to death with metal rods police suspected the journalists investigative work for the commerce a newspaper and his internet blog that provoked the attack. all that stories online for you and many others. at r.t. dot com we'll give you a sample now of some of the other stories we're updating online for you right now a form of president george w. bush two years of silence to give his take on his role in the most turbulent decade in recent u.s. history. and the interactive literally designed to shock why is this russian artist looking strangers on the internet give him pain. now to some other international news making headlines this hour and iraqi leaders have agreed to create a unity government after eight months of political standoff nouri al maliki will

serve as prime minister for another term under the new deal with ching clue the partners from the shia sunni and kurdish sides you go she ations have been ongoing since elections in march failed to produce certain size of results it's hoped the deal will help stabilize the country to fragile security situation. millions of people across europe are marking armistice day paying tribute to the victims of all conflicts since world war one these are pictures of the two minute silence held in london to remember those who gave their lives for their country there will be more memorial services on remembrance sunday. and more than six hundred forty people have now been confirmed dead as a result of the cholera epidemic 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 at risk haiti's health

ministry says the epidemic is quote a 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 the 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 model seen as 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 from 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 the russie of which here is a clone or. a super car maker it's revealed already some very high performance cars

and next year iran's waiting with bated breath because it has announced it early next year it will unveil its first f one car already under 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 f. war by buying a large stake no figures mentioned yet but and possibly not a controlling stake for certainly according to reports a large stake in the virgin racing team in britain which makes it all the formula one team so its cars are going to be on the track sooner rather than later on there we'll see how they do their name itself what they're going to give it to see a virgin racing might attract a bit if you want to see itself is a an informal version of the russian name of maria so what's 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 waved in russia over the past few days has been a little bit 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. time now for the business news with current. and welcome to our prisoners program this hour first to the g. twenty summit russian president dmitry medvedev says small and medium sized firms should have more access to domestic and foreign capital to help spur global economic growth he said banks may need further encourage went to work with. russian representatives also called 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. competing to valuations or currency wars is a burning topic at the g. twenty speaking exclusively to business r t chairman of bt bank andre causton gave his firsthand view from korea this conflict creates additional problem are you please to or mobility old be. aware of the currency market and. i think this is the. this is the best for the world economy and about i think the direct result of the crisis we sure would worsen the situation for many countries and used to reduce the wealth of the world so. be released i don't think these are trained to resolve these things. and stay with the g twenty chris we for chief strategist or else it explained earlier that russia

would probably push for more access to foreign markets. you know this is a key issue for russia this is we've been a real bug bear over the last several years russia has accused the west of the like of deliberately blocking investment from russian companies into the west into europe in particular of course we have this big route two thousand and five when russia tried to buy investment in airbus d.s. industries last year of course russia tried to buy general motors. and the reason is because russia wants to establish these relationships with established foreign companies so that it can bring back that expertise to russian industries and the like that cooperation equity arrangements and helping the russian companies to modernize become more efficient to make up with the lack of international experience in russian companies so it's a key part of russia's development a policy that accounts for some that we've heard from countries like brazil china

complaining about the u.s. federal reserve's decision to pump action of the six hundred billions worth of money into the economy we have already had many complaints from russia why is that world because initially russia could actually benefit from that emulates in a different situation to the other say so-called bric countries russia has not had a substantial amount of capital inflows in the last couple of years in fact quite the opposite flows in the last two years total almost two hundred billion so it actually could do it reversing some of that in taking some money back also the ruble is the cheaper end of the band. concert with sustained some appreciation again which would benefit the case and then frankly you know q e which is having the effect of weekend in dollar of course to counterbalance of that is weaker dollar means higher oil prices higher metal prices which russia's boosts russia's trade position as well as its fiscal position so at least initially russia is one of the beneficiaries of capital flows that may change of course they are

a year from now the priority i think is to get money in. to see how the markets up . for me now here in moscow the bourses are in the red at close burbank and rosneft among the biggest losers but helping men support on an honest because. that are putting on around four percent of the r.t.s. european stock markets are lower and even trading losses for the financial sector offsetting earnings announcement from the likes of siemens and bt troops in london bts leading on the foods he would shares over five percent after the telecoms firm increased its forecast before your earnings mining stocks are also high with extra income up over two percent respectively. out of stocks in the us slow down to cisco systems said profitable based on those expectations doubts as world leaders attempt to come up with plans to strengthen a weak robel economy disappointing outlook from cisco rattled technology shares something tech heavy nasdaq much lower than other index beatrice. now russia plans

to raise about thirty billion dollars in asset sales over the next three years but many state companies carry heavy debt burdens something russia's finance ministry is keen to result. both the companies are said to be sovereign entities but still international investors when looking closely at these companies think the state is responsible for their debts that's why i think the states should strictly control the borrowing procedures of these companies before privatization there are 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 go with. their banking gyros out and has both its net profit last year by two and a half times the main drivers one mining and my and then milling of uranium while the volume electricity production stage from the year before overall it generated profits of one point two billion dollars. the overall sol billionaire or leg day

passed at a group of investors looking to buy out into ross's twenty five percent stake in. this is according to the end of us to news agency also which also owns a twenty five percent stake in the co-producer is currently in talks with investors to set up a pool for the bed in october into a loss on. center proposal to solve the bite stake in oil for nine billion dollars which was head of shareholders have been locked in a battle over the control of. that's all the update for me for now i'll go back with more and less than one hour at.

a moment when the world has changed forever. thousands pounced to nothingness. thousands wounded. nurses. and noone to suffer today. was the first but probably not the landstuhl military uses of this weapon. come in the morning will me come. show them a common get on in the future. holidaymaker who wouldn't

dare to swim so deep. a tourist would be scared of such cold water. and would never die if nothing was in an arm's reach. they are not to lists the are researchers. and few more some lambs. in deep water. it's now six thirty pm here in moscow you see the headlines now. the world's twenty richest nations putting their heads together in seoul as they brainstorm a financial revival of the currency war. over the summer.

keep themselves afloat. a new twist in the transatlantic spy saga. betrayed russian agents in the u.s. this summer a russian. intelligence service employee. joining . the biggest display yet. tens of thousands of. university fees with more money being poured into e.u. bureaucracy. well republican victories in the u.s. mitt underlined voters growing anger with the current government exacerbated by the . political infighting. the mess one democratic congressman now is taking it on the chin.