recovery beyond the crisis is the main theme that of course means money the summit kicked off with a business forum and there president medvedev 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 that without china president medvedev did meet with president hu jintao and there 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 hibbert 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 schultz then there's the problem to the north this is g. twenty is being billed as the financial coming out of 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 an old and communist neighbor and now the thirteenth the longest economy in the wilds north korea may just like some fool 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 large and so. as 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 bolstered 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 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 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 flop 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. so 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 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 all bad dominant export markets and spend more to spalling 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 i listed it r.t. sells out korea 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 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 why all depends on the of 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 us 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 you all with r.t. it's good if you join us today and we're coming your way in just a few minutes fueling the military machine decade of war and desertion leaving the u.s. army stretched thin now recruiters are accused of exploiting war heroes memory to find more for the front line also. run races into the formula one world with the country's first super carmaker buying a stake in a formula one. 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 commerce daily claims it was a former foreign intelligence service employee but so far there's been no official comment that you could have is going to report on this. community newspaper claims to have held its own investigation and the see that call those should have

a 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. 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 could 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 or russian agents who worked in the

united states undercover for years in some cases for decades and they've all been arrested and 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 chapman 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 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 the wolf who a 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 alongside all traveled to the united states became acquainted with lots 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 course who presented to the secret materials proving that. it was a russian agent and it was only van 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 could get going to reporting while britain's prime minister has condemned the rioting broke out in london during wednesday's student demonstrations 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 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 hold objects of the police over thirty year rests were made in the clashes which left several wounded the spike in college costs and 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. campaign believes britain could save a lot of much needed cash if you just pulled out of the block. resending 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 and saying i'm pulling out will 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. rich talk that you know this

is an organization that hasn't had these accounts altered for fourteen years i think if i'm right from saying they've just rejected the latest round of. 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 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 we 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 yes actually 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 give us a pound back that didn't make sense to me. it is a veterans day in the u.s. the military is hoping to boost its numbers by capitalizing on public emotion for war heroes army video games and parades are among the tools aimed at young people from porn neighborhoods as recruiters try to fill their quotas lauren list i met an

iraq veteran who says he couldn't take any more war and that others shouldn't have to either. 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 in 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 but use a lot of different underhanded tactics to recruit youth into the military here you can see for some of those after we already had 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 had been given free tickets to the game. so it was also a recruiting opportunity is what we like to call this 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 butts 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 it's future soldier trainer game as it's called i'm a future soldier 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 if 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've you've 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 my old cross a jacket to a soldier about to embark time almost stand still i was on to do something but seasons will change and time minutes soldiers will keep marching on lauren lyster r.t. new york you are watching r t it's good to have your company today and doctors treating russian journalist oleg kashin have brought him out of his coma the reporter was savagely beaten in moscow last week but his wife says he's still a long way from making a full recovery caution had been put into an induced coma after he was almost beaten to death last week police suspect it's the journalist's investigative work for the come a sun newspaper and his internet blog that provoked the attack his case has been transferred so russia's top investigative committee prosecutors claim they have

a real chance of finding the people behind the vicious assault. all right now let's get to some other international news making headlines at this hour and a powerful explosions rocked the pakistani city of karachi killing at least five people and wounding around forty others destroyed a police building and happened close to the heavily fortified u.s. embassy emergency crews are now searching for survivors in the rubble witnesses say the crater left by the blast suggest it may have been a car bomb. 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 chink ludes parties from the shia sunni and kurdish sides negotiations have been ongoing since elections in march failed to produce a decisive result it is hoped the deal will help stabilize the country's 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 a remembrance sunday. the ordeal for four and a half thousand holiday makers out at sea new mexico is coming to an end as they're powerless cruiser line are slowly makes it to port the carnival splendor is being towed by several tug boats it became stranded off mexico's pacific coast staff to an engine room fire cut power supplies passengers and crew have spent four days living on water and sandwiches which were airlifted to the stricken ship on what should have been a luxury riviera cruise. well russia is set to double up on its stake in the world of formula one is just being 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 tom barton has more on the most years driving home page. 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 coach 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 does announce that 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 air war by buying a large stake no figures mentioned yet but i'm possibly not a controlling stake was certainly according to reports a large stage in the virgin racing team in britain which makes it all the formula one team so it's classic going to be on the track sooner rather than later on there well we'll see how they do their name itself but 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 with the reader so what's the real virgin racing which won a chunk of humor from some pundits but before we start making jokes let's see how they do on the track the start of fire it 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. well the stories online for you at all to you dot com and many other stories and here's a look at what's on there right now in the office for you this morning former president george w. bush breaks two years of silence to give his take on his role in the most competent decade in recent u.s. history. and the interactive that's literally designed to show why this russian artist is letting strangers on the web give him a painful jolt. boardwalk arena's now here with the latest from the world over this is new so it seems like a competing devaluations or in layman's terms our currency wars is a budding topic of the g. twenty that's right rory endos russia's finance minister told r.t. it's really bad for the economy as creates additional problems more that in

a moment but first 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 encouragement to work with as enemies question 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. competing valuations or currency wars is a burning topic at the g. twenty speaking exclusively to business r.t. chairman of the tb bank and request and gave his firsthand view from korea. this conflict creates additional problem leads to our mobility old the. changing of the currency market and. i think this is the. is the best for the world economy and about i think this is the direct result of the crisis. we share for the worse

and the situation for many countries and used to reduce the wealth of the world so. we really stick i don't think these are trying to resolve these things. and staying with the g. twenty chris way for a chief strategist that well super explained earlier that russia would probably push for more access to foreign markets. you know this is a key issue for russia this is were certainly 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 western 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 opel you know 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. arrangements and helping the russian companies to modernize become more efficient to make up if you like the lack of international experience in russian companies so it's a key part of russia's development and a key policy for the answer so now we've heard from countries like brazil like 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 so it's russia conservative with sustained some appreciation again which would benefit the investment case and then frankly

you know q e which is having the effect of weekend in dollar and 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. now time to see how the market's up before. now here in moscow both expended in the red on thursday. for among the biggest losers helping lend support word north and look oil but what on around half a percent yes you have been stock markets are lower anything trading losses for the financial sector offsetting earnings announcement from the likes of siemens and bt group in london bt is leading on the phone with shares up over five percent after the telecoms firm increase its forecasts for full year earnings mining stocks are also higher with xstrata over three and two percent respectively. u.s.

stocks u.s. stock slide to cisco systems said profit will miss. world leaders attempt to come up with plans to strengthen a weak global economy disappointing outlook from his crowd will topology shares. russia plans to raise about thirty billion dollars in assets sales over the next three years but many state companies carry heavy debt burdens something ministry. both. companies are said to be sovereign entities but still international investors when you can close 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 privatizing 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 the. nuclear energy. that it's that profit last

year by two and a half times the main drivers were mining and. production stayed from the year before overall it generate profits of one point two billion dollars. the owner of. a group of investors looking to buy out. five percent stake in. this is according to. the also which also owns a twenty five percent stake in a co-producers talks with investors to set up a pool for the bed. a proposal to buy stake in for. shareholders have. over the control of. that set for now back with more in less than one hour meanwhile you can always look at the last story on our website.

this is just a parliament building in. sixty five years ago. with the final target. to move through from some from the army.

its country became the symbol on the fall of the financial system. and the victory over nazi germany. hungary for the full story we've got it for. the biggest issues get a human voice face to face with the news maker. someone thirty pm here in moscow you are with the headlines now leaders of the world's twenty richest nations are putting their heads together and solve brainstorm a financial revival of the threat of currency wars costing a shadow over the summer with some countries being seen to use exchange rates to

keep themselves afloat. a new twist in the transatlantic spy saga as a newspaper reveals who it claims betrayed agents in the u.s. this summer a russian daily names former foreign intelligence service employee. is joining other europeans outcry over the deep cuts to jobs and benefits but the biggest display of public anger tens of thousands of students descended on london against a massive hike in university fees while more money is poured into. here in half an hour's time but for the meanwhile it's the cause a report here on alt. hungry for the full story we've got it for. the biggest issues get a human voice face to face with the news makers.