yokohama japan and it's very much like the recently concluded g twenty that has happened did so with south korea basically they're going to be talking about how to revive the global economy and get out of the woods for b. global financial crisis which is only just two years ago and that happened two years ago and so on the table if they're going to be talking about free trade agreements and opening up their economies further this has this is the very reason for the existence of a pact to begin with but of course all of this is easier said than done coming on the back of the g. twenty where the fear of protectionism was hanging over the heads of the leaders now this is going to be much more of a child as they have to talk about concrete plans concrete steps they're going to be discussing existing free trade agreements there are pockets of these agreements within the pacific countries members of apec and they're going to be discussing more of the details of this now the u.s. is pushing for a agreement that all twenty one members of this is going to be a bit difficult because having all twenty one members talk about the give and take

the pros and cons of opening up their economies is going to be a bit difficult as. an example of japan wants to export more course of the world while the u.s. wants more access to its agriculture industry which is a bit of a sensitive industry here in japan so it's going to take a bit more than just talking talking sitting down and talking about it right here at the apec forum now the leaders come here with the responsibility of contributing to the growth of the global economy getting out of the crowd quagmire that they find themselves in but also they have the concerns of their local electorate in mind and other issues concerning trade we know that asia pacific economic cooperation the members are very powerful in terms of their clout economically they make up more than half of the g.d.p. of the world they have forty one percent of the global economy and forty three percent of global trade so again they are very important which is why the u.s. is really looking obama just gave a speech this morning. he says that the asian is really an important partner for

a u.s. and other issues that they're talking about would be labor security they're talking about sharing of innovation and technology they're talking about protecting intellectual property all these are very important terms of trade and economic development now also they will be talking having sidelight meetings on the sidelines but that's going to happen later if they do yes tess you mentioned about the leaders meeting on the sidelines of the summit so what can we expect from them . well this morning what happened the u.s. and japan had already met and also the leaders of a russia pad and china had signed an agreement to build a chemical plant and that has already been done this morning and later today we will have the leader of a russia and japan sitting down together for more talks in the afternoon and this again comes on the back of the twenty now the currency war is one of the

issues that have been talked about in this still needs to be ironed out by the countries involved in the for so let's look at the package followed by my colleague and you so now we from digits twenty. the world at war the weapon currency. the fallout trade imbalance the world's paying i mean the world is paying the price for the asset bubbles that are being blown throughout the emerging markets and this high stakes battle for global exchanges it's china versus the u.s. on the western front the fed pumping six hundred billion bucks into the american economy devaluing the dollar while slamming china for not readily revaluing if you want on the eastern front the chinese position is well you're depreciating the dollar words you can we really value the remove the chinese currency which the u.s. gives on existing lines so it really is. one that smacks of double standards

it's absolutely true that the united states of late has made don't mess to clean self-serving policy that was shortsighted and that did not consider the rest of the world and this set up the sole summit but despite global outrage with u.s. fiscal policy they got more of a high level silent treatment than any kind of fight right now it's the world against the united states and in terms of an agreement to deal with the currency war nun's going to happen there is no interest coming from china or germany that's who are the key players to solve this problem not interested or protecting interest . and that was before the session even started obama might have guessed there would be no compromising china wasn't budging and germany an export giant defends its right not to surrender its strength by spending more abroad to appease u.s. calls to help economic recovery much of europe seems to be sitting back and

watching how this will all play out i think they are trying to be defensive and that's a weak position right now russia sees itself as a mediator and hopes multi-currency reserves over place currency wars should i believe that the threat of a currency war breaking out will significantly decrease following the g twenty summit we have reasons to be more optimistic about the future the group of twenty did agree to develop early warning indicators to prevent economic turmoil and gradually move on currency the question now is not enough to prevent this cas class from getting out of control. i was r.t. correspondent jason away reporting that the us wanted to use the g twenty to pressure china to explain its own actions instead that's what's leading global currency analysts around the. the u.s. was really looking for the g.

twenty to be a forum to continue to pressure china and to have you know more unified front against china and asian currencies current account surplus countries. from from the rest of the world and what it actually ended up turning into was that the u.s. had to go in there and do the tables were turned that the u.s. actually had to explain its own behavior to a whole host of countries in the chinese i think were pretty adept at turning this around and there were a lot of other countries who didn't mind actually turning the tables a little bit on the u.s. and saying ok well why don't you guys explain what you're doing with with the fed before and your currency before you start kind of throwing stones at us. now after this summer's a sweltering heat temperatures in russia breaking records again several regions including the capital are experiencing extremely warm weather on head over this time of the year when ati's arena joins us from moscow to discuss this and more.

hello to you and tell us more about these a freak weather conditions in russia right now. well gary if this was let's say about five years ago i'd be probably standing with not need deep in snow that there would be definitely snow present on the ground there would be snow everywhere it would be considerably colder than it is right now but over the last several days like four or five days actually the temperatures have been extremely unusually warm and you could run around in a sweater and not really be bothered by by the cold in fact the weather has been somewhat of normal to say the least for most of the year for russia in general especially for the russian capital of course we don't have to go too far back you know it's rumored this summer with obliterating heat completely people literally dying from heat exhaustion in moscow and in several other cities fires fires raging because of the extreme temperatures and for example if we were to take a trip down memory lane go all the way back to the one nine hundred forty s. during the world war two of course the fuel in tanks was freezing because it was so

extremely cold ten years ago you could ice skate on the most cool river of course you couldn't do that today unless of course you were the messiah you could walk on water because if there's no ice in sight whatsoever and if we're going if we're not if we're going to go back to the recent past and look back at this summer and this past spring and go let's say to you or we would remember that europe was literally suffering from major dale usually only thing that was missing for a weather news reports this year in europe was probably the ark with noah and if you were to go over to south america all of sudden they had snow they're not used to such conditions so something is definitely in the air or something is in the atmosphere the temperatures are going all over the place. where it should be warm it is cold where it should be cold like it is in moscow or as it should be in moscow it's actually rather warm right now i wouldn't be standing wearing a sweater here if i were i don't know in one nine hundred eighty seven something something is taking place with the temperature something is affecting the climate and what it is we have to find out yes all over the place as you say i mean what's

being said about the cause of these weather changes here and indeed around the world. well scientists have several explanations first of course is the global warming and not of course is something that has been manmade so to speak so as lot of scientists are saying the human race is literally killing the planet too much pollution of course there is also the oil spills let's go back to that will spill that the b.p. oil spill in the gulf of mexico and of course that has affected not just the environment in that very gulf but also the the so-called loop current one of the intrinsic parts of the gulf stream of course that the loop current is a warm weather condition which supplies warm weather to the eastern coast of the united states and of course some scientists are saying that that has been heavily damaged by the b.p. oil spill and the velocity of the current has lessened significantly and that of course is it may also impact the gulf stream in the gulf stream is impacted of

course notable changes in temperatures not just on the eastern coast of the united states a but in europe will be noticed as well but there are also some scientists who are saying that it could be attributed to the solar activity of course there are others first thing the solar activity is not on the rise that reached its peak two years ago and now has been falling steadily as it should be and that brings us to the third theory there are still some scientists left her saying guys there's nothing to worry about this is something that has been happening for millions of years temperatures going up and down we went through the warm period we were going to go to the cold period nothing to worry about just take it easy and well enjoy the warm weather. while it lasts kerry said no doubt the debate will continue thank you what's he going to the sky from the russian capital. well that you can always find more stories on our website at r.t. dot com has a quick preview of what's available online where he turns up the find out why two

guests killed the bride and groom what was supposed to be the happiest day of the eggs. and over food we meet the georgians who choose feeding their habit rather than feeding themselves look at r.t. don't come. in times of economic downturn those who promise equality for all one small gain ground the age old debate between socialism and capitalism is coming to the fore again and this r.t.c. hunt office reports the left seems to be winning. mr gorbachev tear down this wall i these images have come to symbolize the end of the

cold war. the scenes of the berlin wall falling were beamed across the world as the historic moment when the west beat the soviet union and capitalisms formula defeated project communism. years later the cameras show the other angle the economic collapse brought by capitalism victory the us mark said as world freedom day with the us government means when they say they celebrated our freedom day with the fall of the berlin wall what they really need is the freedom of us corporations to be able to plunder exploit and really do what they please within the borders that they weren't able to and this your view. is a. right but it's a fantasy is that something they said saddam would cling to power and now that the status he was hanging on to berlin seems to my old the words are what you're seeing here in the ages of american soldiers and iraqis declaring virtual victory over the

statue of saddam hussein beamed to viewers worldwide. it was staged as a spontaneous outpouring of iraqis inspired by the american soldiers who came to liberate them that was we found out soon afterward the organized by the u.s. army so the symbols are really hatched by messengers coming out often of the pentagon and the white house and the state department and these symbols some insist are used to indicate that washington's agenda is the only agenda and those are these the symbols of victory for the u.s. government so all over the world that if you oppose the united states you are targeted from destruction and we will inevitably destroy. socialism despite being declared dead. has seen a revival in governments in countries all over the world. really wanted to talk about the overthrow of the soviet union and the coming down of the berlin wall as

the end of socialism and it's absolutely not true a system of capitalism is in the k. at this point there are pieces of the berlin wall all over the world what came following the historic moments was this bali hood era of freedom now marked by economic collapse and list war two decades after the fall of the berlin wall some argue the u.s. empire is also in plotting its influence waning in the face of rising world powers several of them with distinctive socialist leanings jan hospice r t washington d.c. well it's not only in developing countries socialist parties are getting vocal vice presidential candidate in the two thousand and eight u.s. election. explains why he feels america also needs. well we believe that in a world and particularly in a country where there's so much wealth and it's primarily appropriated by a small few people to the detriment of millions and millions hundreds of millions

of people the vast majority of people who are either in abject poverty or at least don't see the full rewards of their labor that socialism is a system in which the needs of people can be met by production and in fact the production of society in the way society of oregon is organized is one hundred percent directed towards the broad needs of the people which are not met now whether it's health care whether it's education access to jobs and so on this is why we believe socialism is the answer to the current economic woes that exist under the capitalist system that are particularly pronounced now during this economic crisis. father continues to rage in afghanistan in the latest attack a security checkpoint not just airport in the east of the country and a nato base but targeted by militants and the rising tide of unrest the u.s. is prolonging it staying there for another four years but as a tease it makes you contribute to says washington strategy to increase its military presence in the region was hardly a surprise. it was

a bad idea from the outset to set up an artificial deadline for the u.s. forces withdraw from a van and stand so it didn't come as a surprise when recently their washington trio u.s. state department chief the pentagon chief and the u.s. joint chiefs of staff and now the deadline will be postponed for another four years it has been long suspected but now it's official. but the credit for the extension of the u.s. forces was drawled to general petraeus and the u.s. commander in afghanistan the whole idea of the artificial deadline for the u.s. pullout cut both ways on the other side it was a good idea to provide the sense of urgency for the abdomen leadership to clean up their act together and to take full responsibility for the future of the country starting from providing the security all across the van and stand but since there is no leadership you know again it stands regarding the afghan government which is

completely paralyzed by the corruption and incompetence while soaked in drug trafficking business no doubt it was a smashing tactical success for general. family circle the u.s. counter a context offensive in afghanistan as. initiative. without the some of the international news in brief the u.n. has made an appeal more than one hundred sixty million dollars to the cholera outbreak in haiti is now twenty seven hundred twenty four lives aid agencies are battling to contain the epidemic it feels it will spread of the water supply was contaminated following last month's hundred millions are now said to be at risk more than eleven thousand cases have been confirmed since the outbreak began last month. that military authorities have sanctioned the release of

pro-democracy leader aung san suu kyi they too on saturday drawing widespread condemnation soon she has been under house arrest for fifty of the past twenty one years. says she wasn't accepted release if conditions are imposed which excluded from politics nobel peace prize laureates has become a symbol of the struggle to rid the country of decades old literature. muslims around the world are arriving in mecca as the annual hajis due to starting two days time the pilgrimage millions of worshippers to saudi arabia is holy cities of mecca and medina the first friday prayers had been held before the official opening of the ritual last several days ritual is one of the five pillars of islam which must be performed at least once one will believe this health means to do so. coming up in ten minutes time at this week's moscow out explores the jewish

community in russia and discover its russian flavor. the show has everything regarding jewish culture from the. oldest skullcaps there are also a wide range of english and russian speaking books and even various sibelius and games take a look at this we've got our. children. with. there are even surprises like that if the jewish star if it falls got pretty and. it was business news that was shot is up next it was. when i walked into the business program here on r.t.

with me shot by miss folly new data shows that russia's economy slowed in the third quarter g.d.p. rose two point seven percent year on year after expanding five point two percent in the quarter to june this some of the worst drought in fifty years hit crops and forced manufacturers to cut production the finance ministry says the heat wave will cost the country northpoint eight percentage points of growth this year. several world leaders including russia's president medvedev have gone straight from the g. twenty summit in seoul jacka hammer for the asia pacific economic cooperation summit the business summit has already brought some deals among them signing of a contract during russia and china to construct a fertilizer plant in russia's tatarstan the first major facility in the region for the last twenty years and one of the world's largest of this type the project is worth one billion dollars and will involve china's chemical engineering corporation japan's a mix of the she heavy industries sojitz and russia's state owned

a mali joint venture between the regional gas finance and the tatarstan government and the apec summit is seen as another attempt to settle global financial issues off the g twenty failed to agree how to boost the world economy. clearly there is a very ambitious agenda for trade liberalisation and the region and i think one of the important issues will be the degree to which countries follow and deliver on. the commitments that they have with respect to this. liberalization. another issue i think will be the issue of investments in the region. the possibility to. again facilitate the flow of investment across countries that will be important i think and balancing the world economy as well because really we're talking about the most important region probably in terms of growth

for the world economy. tops look to see how the markets are forming now here in russia they finished low on friday echoing global trends yes last i have at the center the mine sex though less than half that energy may just be the main drag on the indices new coil thought over one percent on both both is bucking the trend they were telecom. the value of initial public offerings for russian companies could jump to twenty eight billion dollars next year the highest since two thousand and seven as according to the t.v. capital one reason the market may take off is the recovery and russia's benchmark investment indices ever again the bulk of their record decline caused by the global economic meltdown he said is a mining chemicals in retail industries where sales of shares are expected to surge twenty billion dollars the sale of stakes the state companies expected to raise another eight billion. irish bonds recovered slightly on friday after assurances

that the g twenty the tough new plans to penalize bond holders in the event of sovereign bailouts or not apply to existing debt the fear that bond holders could be penalized may be one reason bones of countries like ireland and portugal plunge this week island's finance minister welcomed the g. twenty sure and see if ever moody's rating agency said it may downgrade the country's credit rating. and premium for can make a russian stand out as agreed in principle to buy ukrainian rival this according to veteran was to newspaper details of the deal we're not disclosed however experts believe miro famous for its honey and pepper infused we were up to four hundred million dollars in september to create a new brand rejected a bid for u.k. based strip the stock spirits. russian power machines build the atom and a go mush will produce wind in two thousand and twelve the move by the state company signals that green energy has finally come of age in russia to china for

covert reports. the global wind turbine market is booming growing over thirty percent last year but russia's share so far is close to zero russia is the leading producer of traditional hydro carbon energy but experts say the country needs to harness the power of wind done some in older to make best use of its oil and gas the one thing you know about your oil and gas assets is that their value will increase over time so in terms of a long term economic strategy selling as much as you can now is a really bad idea and what you should be doing is selling a moderate amount but saving and developing as much as you can for the time when price when the price of oil is two hundred or three hundred or four hundred or five hundred dollars a barrel once humanity has come to the notion that oil is is way too valuable to burn according to the international energy agency new clear and renewable energy

will supply two thirds off world and argy by twenty thirty russia's fuel giants gas problem. all looking at alternative sources the declared strategy is to boost the sheriff renewables in the country's energy balance to turn a half percent in five years but they're having to do it without the state subsidy is common in europe how much money does the government spends on it we knew about generation. isn't it fair know now we warned what portion green energy producers want the government to go and team higher prices for electricity derived from bringing you a bill sold says they admit that's the only way green and energy can be profitable but russia's dependence on traditional sources is so strong that renewable projects are likely to remain no more than experiments and till they prove their long term viability him that's all the business our team. well shop they for number you can

always find most stories on our website r.t. dot com slash business. at.

the moment when the world has changed forever. thousands passed to nothing. thousands wounded. man doomed to suffer today in the land. of oz the first but probably not the landstuhl military uses of this weapon. well many more will make. children carmageddon in the future. for your convenience are comfortable shuttle buses will take you to the spot. just a few hours observing the margin for bush and scaring the most current. you're.

on the. great. scorching. are included in. the photo with the wild lunar rover. that it's time for the headlines now arundhati countries making up call for the wealthy economy gather at the asia pacific summit in japan seeking to promote free trade in the region. despite its declared death socialism appears to be making

a comeback in countries across the world many experts predicting the decay of capitalism. whether it streams on every continent or triggering worries of an approaching that's of. the search for someone to blame. well next to the latest edition of moscow out the team explores the jewish community in russia. and the all known. game and in a new job. that i walk into the most dangerous families he sends out for years in this context is being social but i don't know.