between china and the united states threatening global trade growth the two countries accusing each other of manipulating currency rates to make exports cheaper and build up foreign exchange reserves and it is in the south korean capital with more details on the gathering place here wow this so the leaders are willing to get some currency debates only one of the main problems they've got to deal with. but as you say the so-called currency borne the related if you are going to trade imbalances has really dominated discussions here at the g. twenty in seoul in the run up to this summit americans that the choice put to the group think she nicky's needs to get some one on which to these experts that person is competitive in the process that's debate has also been enjoying by all of that david cameron in the united kingdom on these. trades at the u.s. as will say tend to think it's also countries like china producing like germany and

then see what next time that depends on exports and spend more money to increase that trade so this is not of course intended to kill said current next if american trade deficits however that suggestion has affected one no but death is the goal so cool so much crisis. critics pointing to the federal reserve bank you see this is a chore leaving them to want to go out and then of course the special announcement last week since i said that it would involve the second round of these things sixty billion u.s. dollars pumped into the economy that's print shop christmas i'm not saying that for many who do say for big major economies like a chimney but everyone is hearing to present moment suggesting that it's good for american economy is good well it's. obvious how is the word. the summit

progressing besides all that what all the issues are on the table. but we are expecting the spinal communique at the end to say to know what's reach a resolution on the c.c. with currency valuation and trade enough despite some of that saying that it was such a resolution. however we will find. mention in this him said a balance st rose thing she does and that's a major topic of discussion here to think i'm going to be nice and tell me it's time to pull in also mention a tightening banking regulation of big financial structures and i'm back on the old bank. bolstering old foreign direct meant and a commitment to free trade and all i think she can have some will been overshadowing some of this ongoing currency banks. and i

think that's because we're not as habits reporting from say. now jerrold so then today from the trend their search group says the financial crisis of two thousand and ten is just around the corner brought on by washington's efforts. look what the united states is doing we said all the people were talking about the elections the midterm elections november second we said no no watch what happens. and we'll see what the federal reserve does and what they're doing is they're devaluing the dollar as everyone knows they're driving commodity prices through the roof because most of them are based on dollars go back to november second gold was trading at one thousand three hundred fifty four dollars an ounce today one thousand four hundred eight

dollars an ounce everybody should prepare we've been saying this since the beginning of the year watch for the crash of. the crash is happening in not in slow motion in a high speed in front of everyone. and you can go back now to us have gotten so much more on this for us on this. but it's very much can remove joining me now is premature interest capital markets research the g. twenty research history more of the issues that have been on the take that the g twenty summit many thanks for joining us here thank you for having me. this international spot so you have a currency that should name you one of the dillema does that mean that he made the headway on that he's here at the summit i think what you're going to see actually is you're not going to see a lot of headway unfortunately through october this this issue really a rose to a feverish pitch you had brazil coming in. and basically talking more about the

capital inflows that it and other emerging markets have have had to deal with and having their own currencies inflate i think you know no country wants to have. to be told what to do so i think as as long as there is a lot of pressure on china i think that china is going to stay exactly where it is they made a move a bold move by chinese standards before the toronto summit in letting you know having somewhat flexible exchange rate i think with the u.s. . with quantitative easing everybody feels that the u.s. is playing a currency manipulation but the fact of the matter is is that the u.s. doesn't have a lot of options left on the table telling us not religious it is you have to trade imbalance to the u.s. again disappointed that is why she didn't see any firm plymouths its own big it's been too slow like she leaned on the jim sciutto so. i think it is a little bit disappointing this was something that was mentioned at the toronto

summit where everybody agreed that you know people everybody had to work together the surplus nations you know not only for the ones that had deficits but for the other exporting nations so that they would be allowed to compete as well and let their economies a girl a little bit so i think it will be a little bit disappointing i think you're. and i see some guidelines come out of the summit which is something that before wasn't even on the table so although particular and specific language is not something that we're going to see no commitment to firm numbers i think that with guidelines it's a good first start. really do you think is the fee at the moment of this school countries trying to start looking after the rain as you like and even to increase protectionism something that has been the ones against very streaky by david cameron and i believe. i think it's a very real possibility i think countries are starting to feel like they're getting backed up against the wall there's a lot of rhetoric out there about i see wars and manipulation and so then countries

start to look at what they can control and that's their exports and their imports more importantly so i think that you are going to see unfortunately you have seen over the last couple of years even though everybody committed to stay away from protectionism you have seen a lot of different protectionist measures come into place so this is this is something that is potentially a very real worry ok the deployment many banks facing so many thanks for joining us today on ice having me that's it for now do you join us for more those we continue to call the progress here g. twenty summit in still. size but from the g twenty i thank you for that. well russia's finance minister thinks he could do it in the has warned that if some countries keep trying to obtain competitive advantages to keeping their currencies no use could lead to surge of protectionism what's wrong with interviewing twenty minutes but here's a preview for you. i think this problem may get

worse if some countries will strengthen for example the ruble by weakening their own currencies and trying to gain competitive advantage of course it can force other countries to use different defense measures tariffs or import restrictions so we need to find a common path without mis balancing the interests of different countries. and working with palestinians are supposed to provide vital help to the people but israel says they're only provoking trouble as a result the israeli interior ministry has been withdrawing work permits for aid workers critics say anyone who sympathizes with palestinians is being branded a terrorist. they're the visitors israel doesn't want activists from around the world who come here to photograph and protest palestinian suffering will most of the n.g.o.s only bring more fuel to the conflict

make it much more harder to solve the conflict bring more hate to the conflict and they have he kidnapped the terrorists human right which is why from the beginning of the year the israeli ministry of interior started with doing work permits from international n.g.o.s oxfam save the children and medicine some pontiff have all been affected everybody who voices a pro palestinian view anybody who supports justice propels them the ends and palestinian refugees is an enemy of israel and says pro quo a terrorist i simply don't buy it and i don't think there's evidence of it someone in tears say they have no choice but to do they work illegally emily's origins are palestinian but she can't live here because she can't get a visa for a while she managed to evade the israeli authorities by leaving and returning every

three months and lying to them that she lived in jerusalem but they eventually cautioned on and have given her one month to get out the more visas you have in your passport the harder it gets. getting from initially it was more being overwhelmed than any understanding you know which borders to you is how do you know how to talk to the soldiers what to say what not to say n.g.o.s monitor is an israeli organization that tracks non-governmental organizations working in the area it starts one speak on camera but they haven't shied away from writing on the net. this website accuses several charities working in the west bank and gaza of having links to terrorist organizations here it says that the palestinian children's welfare fund owns a hate filled with site dedicated to the glorification of jihad and the denunciation of israel there has been no evidence whatsoever no cases that anyone's heard of a people in n.g.o.s committing any kind of violent palestinian groups terms on

stones and grenades i'm on idea of soldiers and was helping them you see a blonde girl from switzerland who i don't know were eighty mormeck spin in gaza for six months and plans to stay six more he's a volunteer with the international solidarity movement which israel claims has terrorist links they therefore want to cross into the west bank he's a human rights groups that are credible throughout the world and yet they are being stopped from entering many times in the un report richard falk was stopped from entering so this stretches up to the united nations for many n.g.o.s the challenge remains how to draw attention to the work they do without getting kicked out of the country many israelis continue to question the work they doing in the first place. r.t. israel. still to come for this hour including. it's dangerous and it's expensive so why do many georgians still continue to choose

a cigarette over bread that's coming up later. claims that last month's yemen bomb scare was all part of a publicist a stunt by american intelligence and security services to sway public opinion before the midterm elections explosives were said to have been found inside toner cartages on two cargo planes heading to the u.s. but now some reports suggest there weren't in fact any bombs on board at all with a journalist that's as generous and us are accustomed to stories like this popping . if it is going to the polls. well i think we have to look back at past that instance for example the underwear bomber flying to detroit from amsterdam who was allowed to basically board the plane no questions asked we had the times square fizzle bomber or something fizzled in times square and the and the guy was sitting there waiting to take off at kennedy airport and when the federal agents came in he said i've been expecting you what took you so long i mean here's another case now

we're being told that this u.p.s. cargo flight was either going to blow up over new jersey new york maybe upstate new york maybe pennsylvania and maybe canada it seems like once again we've gotten one of these stories that may have been engineered prior to the election we're always sitting here in washington waiting for october surprises before major elections and this may have been another october surprise i think we've seen skepticism from the government of god or from yemen from the united arab emirates i think we're going to have to wait to see if there's any some real smoking gun evidence that comes out right now it's all very anecdotal and conjecture all at this point. to some of the international news in brief for you. need is a band-aid a month that's cool stalemate by supporting the reappointment. as prime minister but a sunni backed coalition that by his main rival walked out of the session and that

. all the political blocks keeping the promises of the. agreement are going to say the action underlines how fragile any new government is likely to be. an attack on an empty terrorist police headquarters in pakistan's largest city of karachi as that twenty day at least one hundred injured taliban fighters who claimed responsibility and all of the offices of investigation department and detonated a massive car bomb comes a day off the same news. just a second run to the next incident sort of lost to. the stones commercial capital. the death toll from the cholera outbreak in haiti has risen to seven hundred twenty four as aid workers fight to contain the spread of the disease in the title thousands of people are being treated in hospitals across the country iraq fears

the epidemic will spread further it didn't want to supply the clinic terminating off the last month's heineken millions are now said to be at risk. bad skin yellow teeth and an unpleasant odor just some of the telltale signs of the hole tobacco has on people according to the world health organization regular smokers a shortening their lives by fifteen years and there are. reports from georgia the strength of the addiction to some means choosing fags over food. no smoking no way they know about the dangers they say it is too expensive yet many georgians choose to smoke social pressure and economic problems notwithstanding like many now you have to cut the habit in her teens. my father left cigarettes on the table i was curious picked one up and have been smoking since that day she says

smoking never interfered with her day to day activities and she doesn't intend to give up any time soon. i have a my salary goes on cigarettes but i don't want to quit it's the only pleasure in my life i can afford. a study conducted by the tobacco control alliance showed that almost forty percent of all georgians including children and the elderly are smokers and tobacco n.g.o.s say the number of youngsters taking up smoking has more than doubled over the past five years every pack of cigarettes sold in georgia there is the clear message smoking is bad for you for good which are aging so long cancer to heart disease the warnings are all there yet many georgians continue to light up even if they do have to choose between buying food or about the smokes. is one of those who would like to quit but says he simply can't he gets through four packs a day despite having undergone

a coronary bypass two years ago. i wake up and immediately have a cigarette money or money cigarettes over buying bread. gillie knows his health problems stem from smoking but says he was powerless to change so why do georgians continue to indulge in this harmful habit some believe there are several factors at play around fifty percent of. business in georgia. part of should overcome them. why we have the barrier seen the government i live in the parliament because i'm. a huge influence took over him and of his shares are some politicians in our country the tobacco control alliance is trying to work with the government on stricter control of tobacco sales and advertising in the country but for now coffee and cigarettes remain a favorite pastime for many georgians in

a goes carty tbilisi georgia. coming up next our special report looks at their read on the operation which freed europe happening with it before the nazis. this is just a parliament building in durban. but then. sixty five years ago. it was the final target on the last major offensive from an army. that's captured became the symbol on the fall of the fascist sitting. on the victory all were nazi germany. the fallen on r.g.p. . about a few moments all the business news with charlotte to stay with us for that. hungry for the full story we've got. the biggest issues get the cuban voice face to face

with the news makers. which brightened. song from stupid. stunts on t.v. . they're welcome to the business program here on r t with me. the g. twenty summit in south korea has struggled to reach agreement on key issues which affect the recovery of the global economy politicians failed to find common ground

on currency devaluations as well as trade imbalances. reports on the divisions. reports of raised voices behind closed doors contrasts sharply with the image of unity two years ago then the leaders of the g twenty stood united in their efforts to avoid an acid crash turning into a global depression now member countries are divided on key issues the last g. twenty meeting pledge not to pursue currency wars since then the u.s. and around six hundred billion dollars of stimulus to drive down the dollar in this conflict so there's no problem leads to a more volatility of the. exchange currency market. i think both of. us have a bet for the world economy even former us federal reserve chairman alan greenspan stepped into the fray saying that the u.s. should not devalue its currency the move has divided emerging markets brazil

condemning russia welcoming a new wave of capital inflows russia could actually benefit from that i mean it's 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. flaws in the last two years total almost two hundred billion so it actually could do it reversing some of that in taken some money back a proposal from the head of the world bank for a new reserve currency met with silence in contrast with a desire in two thousand and eight to create a new world financial order on trade the g twenty is also struggling to get the world's leading manufacturers not just to sell goods but to buy them as well along with china germany opposed a u.s. suggestion of targets for cutting exist trade imbalances one ray of hope however is that all leaders did agree to avoid protectionism michael have genco business r.t. . now russia plans to raise about thirty billion dollars in asset sales of the next

three years but many state companies carry heavy debt burdens something russia's finance ministry is keen to resolve. the other one companies are said to be sovereign entities but still international investors are 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 privatizing action 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. times they held markets were forming our asian stocks are mostly low and gloomy outlook for cisco systems and first year and the speculation that debt ridden island may need a bailout to avoid bankruptcy and make a enhanced i have both down around one percent. and russian stock markets finished

in the red on thursday raising virtually all the gains made since the beginning of the week and a half a percent lower. over the south bank also the home of the biggest loser falling over two and two point five so respectively. opec has increased its forecast of global oil to bomb for the next two years it sees an increase of one point six percent this year slightly higher than before the main reason is rising energy consumption in the developed countries above all germany and the u.s. opec lifted its forecast for the coming year to one point four percent. a new baltic pipeline will give russia a broader choice of oil transit routes and you very bipartisan belive us and ukraine fire the baltic sea the choice of oil child for it's also been increased by a new pipeline from eastern russia to the pacific and the need seaport in the northwest of the country moving to precious metals now and good news for foreign

gold miners russia could lift some restrictions on gold mining in the country and natural resources ministry plans to lift the threshold the state owned deposits of copper and gold it means foreign companies will now be able to exploit positives of up to two hundred tons before they declared its job dziedzic reserve that previous threshold was just fifty tons that made gold mining in russia impractical for foreign companies as the head of a vulgar gold to mccutcheon explains. you start with something small sort of becomes big now what does the government come by and say we have a commission has to decide whether you can have or not and you say wait a minute i've already spent you know one hundred million dollars on this thing and now you got to tell me i don't own it. so by having that risk removed. just the risk of you know whatever happens to be if you were there are the better and by having the barrier reef that the two hundred tons it helps remove a lot of those risks. and news from the savings bonds now was sadie's benz may

start to assemble it's called in russia the russian car company gas has offered at the dying library to stop production of say cost faithfuls less affordable in the us eighty's range was made after gaza's latest caught the volga sabir failed to meet the expected demand. update for now but you can always find most stories on our website r.t. dot com slash business. the

moment when the world has changed forever. thousands passed to nothing. to suffer today. was the first but probably not the last military this weapon. will become. carmageddon in the future wealthy british style it's time to present its prize money go.

markets. to the global economy in the kinds of reports. more news today. in these are the images and seeing from the streets of canada. china corporations are today. in thailand no cheese available in. super to look bangkok sun i'm told i'm called a maori watergate hotel and. princes hotel marriott called john hotel bank owned by yuki suites hotel going called the imperial queen's park married results in sponsor

two. new supply and. golden cliff resort and spa hotel a one year old research and discovery beach hotel. resort to the sea entrepreneur resort to barracuda a magickal who turned out ok renaissance hotel. resort and spa. in israel ots available in some hotel time period hotel jerusalem. this is out let's take a look at the headlines the g. twenty summit folds with china and the u.s. now many charged with i think they should have come. to undermine international trade. on one to charting human rights groups in israel are being

forced underground as that permits are withdrawn. supporting terrorism. also a washington reporter claims the mail bomb. hoax by his influence voters before the mid-term elections. russia's finance minister says russia is almost immune from the country's financial policies. has more flexibility at global summits he also warned that if some nations continue to weaken their currencies could force others to respond into a set of protectionism. now wait for the point where the town is money better to talk about russia's role in global recovery than we can find.