in the czech republic he's available in every hotel and central hotel prima vera. most full stop. in bosnia and herzegovina available in. the children of each. hotel. in serbia multis available. made in china and the. world with the feeling. is

now in the driving seat of the global economy. with republicans in the u.s. congress spending cuts in every field education health likely targets. imperial ambitions. hope. moscow who has made it her quest to help the less fortunate some of whom no one else. and on the business russian route ways is looking for a foreign partner to build a national high speed network across russia investors that want government guarantees and much more in twenty minutes time.

he'd lie from a very warm welcome to. the center stage of a world economy politics is shifting to the asia pacific region. well that's the view of russia's foreign minister sergei lavrov off he was speaking in china at a meeting of ministers of three emerging powers russia india and china part of a powerful block known as bric which is hoping to change the economic landscape of the planet so who's already leaving the dominant powers of today behind. in a different way. from a pile of ruins right after the second world war to an economic powerhouse second only to the us all of the span of a single lifetime major pan asia economic miracle won't go you but nowadays the land of the rising sun is becoming the land of rising discontent.

the unemployment rate itself is. around five percent but what's problematic is the quality of the jokes play on your side of you being cut. even when companies hire new people they tend to the condition of without social security so the social benefits economic growth is on a standstill and export the engine of its economy are hurt by a soaring him pushing them to take their business elsewhere in the short run you will be doing you should really be increasing the overseas prevention we will be increasing the important parts for the buses by overseas he's referring to china also known as the factory of the world with a major chunk of every manufactured art of today either fully or partly made in china i'm here in the heart of the largest china town. there have been four

generations of chinese that moved to japan and they've been fitted greatly for the rise of this country economically but ironically it riginal country they have left has now overtaken their adopted homeland to become the second largest economy in the world. which means japan is now chasing the pack rather than leading it japan you're quite right still seniors stuck in the mud struggling to generate. growth beyond us from a sluggish. and i'm not sure that either of those things are never going to change many would say we're witnessing the beginning of china's era its economic clout is undeniable at the recently concluded g. twenty and apec summit barack obama repeatedly demanded that china lets the you want appreciate seeing below chinese currency is hurting u.s. exports chinese president hu jintao remained unmoved china gets the last word that's the new reality in asia if not the whole world. r.t.

. and there are still plenty to come for you this hour including. sundown as an imperialist power republicans seem eager to throw countless piles of dollars at u.s. defense mostly at the cost of social benefits. an investigation into a cause of trafficking network raises concerns about the region becoming a breeding ground for gruesome crimes. military assistance is what's on the table is the lebanese prime minister is coming to moscow so is expected to meet with his counterpart vladimir putin during the two day visit ahead of this trip to talk to the lebanese prime yeah on relations between the two countries as well as international issues such as russia's role in the middle east peace process you can

watch the full interview in just over twenty minutes time but for the meanwhile he's a preview. and therefore i think russia could play a very important role does mean your friends in the arab world we need to use our relations with russia in order to communicate the arab stance and think through the international community because it is very unnerving to see that in just as done by israel to palestinians as well as to lebanon and syria we can no longer ignore that israel is trying to pose its own agenda it keeps using lands daily unfortunately the world is not doing anything about it literally relations with russia are very important to us and we would like these relations to be economically beneficial as well also like to find out how russia could assist lebanon and equipping an army and security forces in this respect we're going to propose some ideas that are russian friends. the

republicans call to slash spending across the board seems to have gone down well with voters in the u.s. . with the economy in ruins politicians say they'll be cuts in education and health care but that is one multibillion dollar area they won't touch with the u.s. debt in the trillions in the economy still in the toilet it's no surprise politicians in washington are calling for this solution it's across the board spending cuts and in fact it was the rallying cry heard around the cable channel talk on midterm election night when you get right down to the details so charity may be here medicaid you can everything that is not what i say it looks a lot more clear that across the board cuts really exclude a fifty eight percent chunk of the budget. and spending would you cut defense across the board as well as domestics have you do you do not fancy that how can politicians afford not to touch the six hundred billion dollars a year elephant in the discretionary room. that rises to over

a trillion dollars depending on what you factor into what you're calling defense minutes a politician democratic or republican or a particular session of congress begins to reduce significantly cut spending this outcry and those congressional districts that are impacted. i'm sure it's political and hey being a super power doesn't come cheap it's a question of maintaining ready to send the capability to project force in other words it costs a lot of money to support this it's our empire we have an empire we have half a million of our troops you know other people's countries all over the world. and maybe the spending isn't that big of a deal when you put it like that sounds like a huge giant number in terms of u.s. dollars but we have a fourteen trillion dollar economy but here is what else is quickly approaching fourteen trillion dollars the u.s. debt get the u.s. continues to demand spending almost as much on the for. as the rest of the world

combined relies on other countries to pay for this countries like china to fund u.s. debt or another word to fund us americans storing all of these dollars in iraq and . afghanistan in japan and its bases around the world that's what the deficit is and that's what the us isn't talking about the fame all american politicians would rather sidestep the issue i never cross the border or protect defense at the cost of programs americans count on such as social security some high profile players are drawing attention to what actually resembles reality comedians for one america is like a family that spends way more than they bring in and dad to give up that big stupid boat. and you know what america's stupid boat is it's our empire oh yeah and former budget director is a republican president. and the. son is an imperialist

power and we can have credit card imperialism we can be the policemen of the world because we can't afford it we're going to cut defense drastically with the will on capitol hill looking more like this if you do you do not cut defense and the president overseeing this astronomical defense driven debt what does this really mean for the country it means that mr obama is trying to turn the united states into a third world country just as george bush did and just as clinton did there's just as reagan did so there's been a constant movement of the united states to run up foreign debt without any ability to pay or even without any intention to pay and when that credit card is maxed out that tough talk we're hearing now that you're going to be falling on defense. more and mr r t you your. we are coming to you live from moscow this is r.t. the us is trying to revive the stalled middle east peace talks by in. in thai seeing israel to extend its construction moratorium in occupied palestinian

territories washington's put twenty stealth fighter jets worth three billion dollars on the table and a pledge to fight any international resolutions against israel in exchange it wants the country to pause construction in the west bank for three months with a promise not to ask to prolong the freeze afterwards palestinians are criticizing the plan pointing out it will not apply to east jerusalem now to discuss this more in depth we're joined by dr hassan lived a palestinian autonomy comics minister and chairman of the palestinian campaign against settlement products so the u.s. backed talks have stalled for weeks now and now with the new deal it's effectively buying off israel to make a step forward we are we talking bribery here. well said i think we're talking about blackmailing israel blackmailing america and mailing the world for. some kind of moratorium on the settlement activities settlement activities have been

characterized by the whole world as illegal and i think the fact that israel is negotiating with. an american administration the terms of a deal where they could have this sued them returning for three months is in my opinion very very serious breach of the neutrality of the american government and very serious speech for the international community this will not work because even if they have the will to turn for three months it will not be for the old palestinian territory but what will have been at the end of the three months nobody knows if there will stall the process even if it starts and then of the three months they will have another route and that around a new blackmailing long list of things that they will demand let's talk about this so-called peace process if we can what kind of peace process is this if the peace broker namely washington is making weapons deals with one side of the conflict behind the other's back. well i don't think the way it is being played there know

where this is this is not a peace process this is basically a process where the united states of america subjected to the blackmailing very very government to get its way and not only getting very much. stronger in terms of the military power but also getting very much able to get away with a lot of illegal things that they are doing is they know it is with the negotiating terms with the americans concerning the coming back to the peace process is terribly seeing for a fact that this is a country above the accountability and this is a country where the international law is not subjected to i think it is very high time for other countries to step in the united nations especially the other members of the quartet like russia and the european union russia and the libyan union have an equal stake in this peace process and i don't think they should accept the continual say we continue would sleep sidelined by the way the americans are

dealing with there is no way these are so you're saying that there needs to be more involved from the international global community here but let's talk about this deal between washington and tel aviv because another part of it is america's pledge to block any un resolutions against israel tell me what is the point of the united nations if you can apparently just by yourself and lobby their. sara i couldn't agree with you more i mean i think with all of these the government is with all of these goodies with all of these promises from the american administration why should israel come to any terms concerning peace and why should israel feel that they are obligated to the international community if they cannot be punished or they cannot be prosecuted or they cannot be held accountable in the house of nations that is their own admissions i think it's very very time again for a serious discussion between the the main players those who are called that is to the peace process in the region with the arabs or americans or europeans or even russians this is another way to build for the resumption of the peace process this

is basic breach of the international community's norms and this will not lead to any serious progress in the peace process to talk to. the palestinian economics minister and the chairman of the palestinian campaign against settlements products thank you. well fresh claims of organ trafficking and cause of revived sinister allegations made against the region's soldiers during the war seven people have been charged in the new case with one suspect linked to the cause of our liberation army accused of tracking organs and rather taking the organs of captured serbs indictment is the starkest revelation of the extent of organized crime in the region since cause of our declared independence. they grease him allegations claims the snow and ice crime group including doctors and a high level health official were involved in organ trafficking and as the investigation continues there are now growing concerns that with political

instability and a weak justice system close of a could be becoming a breeding ground for criminal activity organ trafficking on exists in all the parts of the world but the people who want it it's basically a big business or course the people who do it don't do it on an ethnic basis but do it because there is a lot of money in it and the opportunity to sort of top. environment which has been existing impossible for pretty much the last ten years is of course something that they would welcome the allegations focus on the medical private clinic and first surfaced two years ago forcing the centers to close shockingly r.t. have discovered that two things named on the indictment have continued to work ever since as another health center you're a medical and just next door to where the alleged crimes took place so we went to confront your america about. we just tried to speak to america and they don't want

to talk to us who are asking them about the two employees who are supposedly still working there despite having been involved in the medical case here's a guy where that were shut down you can see the proximity is extremely close the indictments have shed a harsh spotlight on organized crime in kosovo both its government and western countries of turning a blind eye to the lawlessness has been growing ever since it declared independence from serbia really three years ago there are also many who accuse the ruling authorities of miscarriages of justice that date back to the war being drawn between medicaid and the yellow house case the alleged murder and harvesting of organs of serbian war prisoners by members of the cost of a liberation army. there was insufficient evidence to bring that case because my husband was taken just after the war ended despite surveillance having been promised security regardless of ethnicity never came back the families of kidnapped

and killed people in kosovo have been fighting the red tape in the u.n. mission in consular individuals for a long time but so far was out any result the biggest problem is that those who are killing and kidnapping people on council have changed this so do uniforms for this youth of m.p.'s they gained overnight with the help of international institutions the focus is now for laying on whether the territory is up to fighting organized crime and say many can still say clearly because the abuses of the past there for. a cause of. all right time now to check out some other stories making headlines around the world this hour eight people have been schools injured in a skyscraper inferno in shanghai the thirty story building was under renovation when the fire broke out in the scaffolding and quickly spread to the building itself some people jump from the windows of the high rise to escape and dozens of

fire engines have been battling the blaze. and times continue for the australian airline quantas another of its planes this time a boeing seven forty seven was forced to return to sydney when smoke started coming from its electrical systems in the cockpit the jumbo was carrying two hundred twenty one people and heading to argentina when the problem arose over the pacific this is the airline's the fourth such incident this month the most serious was an explosion in the engine of one of its brand new a three eighty s. currently its fleet of super jumbos have now been grounded. well with thousands of people living rough on the streets of moscow the chief concern for them remains how to make it through each night but thanks to one doctor help is at hand however as sean thomas reports she's battling with a chronic lack of funding to bring treatment to the city's poorest people. as winter approaches in moscow hundreds of homeless people stand in line waiting for just a small bit of food just in the offices well people come here to eat you see this

food here and eat some of it and take the rest of my kids i've got kids you know. sygate a covey of is just one of thousands of homeless in moscow simply trying to get by but i live in a railway platform that are like forty of us there are two openings so twenty people fit in one of them and twenty fifth in the other three i've been living there for one year recognizing a needle is a veteran drink and regularly sets up a makeshift clinic and distribution center near the pub the let's go to a train station in central moscow she has also started a blog to let people know the problems moscow's homeless face those who come to her for help simply call her doctor elisa. we help some people to return home the priority here is people who are seriously sick with cancer and tb those who are beaten up if we can we find their relatives i also try to help those who have come out of prison or all at once

a week the homeless and the needy from all over moscow come here so that they can get supplies of food and even medical treatment if needed but as is the case with many operations of this kind the supply just does not meet the demand. in summer will lack t. shirts in the winter we don't have enough food because they need to stay warm in the winter which is impossible without food we need more room it would be good to have a place where they could stay at least when it's really cold though she faces a daunting task with limited resources those who know her say their lives are better because of dr lisa's influence one of the one of the when i met elizabeth in two thousand and six here help anywhere i can we met when we were in difficult places in our lives her mother was sick and my daughter was also at the same high. one of my daughters died in a car accident the other one barely made it she noticed me and asked what was wrong

that's how we met everything i have now is thanks to her and while those who come here for help understand the stakes in this when your daughter born i don't know what we would do with a this help were not for these charity organizations we will be done for them dr lisa's fear is that politicians with the power to make real changes just don't understand the problems well. i don't know why this issue is being ignored because these are active people who could be returned to normal life when it hospitals that could solve many problems related to prolong to deaths or chronic disease it's not just the patient himself who is handicapped but the people around him who are the caregivers also become emotionally handicapped they have no where to go for help a dilemma that gives dr loser the inspiration to continue to help one person at a time sean thomas r.t. moscow. now it is just now turning twenty three minutes past the hour here in the

russian capital and time now to dive into the world of business with staff stuff some good news for russia's insurance market what do you know yet roy it looks like the industry should be pre-crisis levels within months that's driven by life and motor insurance i'll have more on that just a bit later on in the bulletin but first russian railways is looking for a foreign partner to build a national high speed rail way network across russia several companies are showing interest in the project but investors are seeking government guarantees see an argument that reports. faster journeys with greater comfort and service that's the aim of russian real ways project to build high speed transport across the country added there has turned to the leaders in the sector for promoting project among future partners spain is one of the leaders in europe with its network to become the largest already in december of this year high speed rail or transport contributes two points by percent to the country's g.d.p. with the sector better ging to grow fifty percent even in troubled two thousand and

nine six hundred sixty kilometers in two and a half hours the target said but added today and it will want to cover more than ten thousand kilometers with high speed rails in a twenty year programme it's the responsibility of russian state to create the conditions moreover we think that they're based on the research shows that we have . presented for the ministry of finance the minister of transportation minister of economy it is clearly showed that during the time of the construction there will be a ratio of different new industries that are going to be created in russia cost jobs and a lot of new services as well as saving time high speed real shares the gold who can come in development in russia's regions foreign partners who provide technology and expertise forming a joint venture with an attitude a subsidiary cost us. to meet exceeds forty billion dollars but that could come

down and that means that all new high speed rail was built to the same standards the rolling stock is built the same standards and in theory you should be able to run a trial in anywhere in european network has been built to a standard so be very careful which standards it chooses if it wants to have a low cost roadway for the future. and you're a real trouble began in russia with iraq's press linking moscow center to the words and sub sun the first rapid train to st petersburg customers are convinced it only remains to win over investors high speed trains are unlikely to pay back their construction costs before two thousand and fifty. nine when you know business are cheap. and now it's time to take a quick look at the equity markets european stocks are low on monday banks i'm commodity stocks are leading the fall's up as concerns every got soft and debt problems are again on the rise. and here in moscow stocks are trading nexus eleanore nickel and last after point seven percent lower on the r.t.s. but spare bank has had earlier losses on the my sector has switched to positive

territory by gains in its bad bank. i mean r.t.s. aims to raise up to four hundred million dollars from its upcoming i.p.o. that's according to com a site newspaper citing a source close to the back to the listing will take place next year with the bulls aiming to attract funds to develop its business in russia and the c.i.s. . employment in russia has grown for the first time in eight months the number of jobless people increased by point two percent in the first week of november to around one and a half million russia's health ministry blames seasonal factors. the world's largest mining company b.h.p. billiton has scrapped its hostile forty eight billion dollar bet for canada's potash corp that's after failing to gain approval from the canadian government. the russian insurance market will reach pre-crisis lead. within months historically russia has been under insured with people relying on the government and good luck

to help out in times of crisis but that is beginning to change with the rapid growth of life and motor insurance but in a question about reports that young charny and his company answered the russian insurance market only two years ago from the start of the financial downturn two years on some saturation of the economy have almost recovery to pre-crisis levels and among them then sure in small kit. with what's going on on the other market and based on that though we are strong in. russia in terms of market especially in the form of the fast growing life insurance business is sin expanding by almost twenty four percent this year x. three say the mortgage will reach the pre-crisis levels of two thousand and eight within months one key driver is domestic comprador action forecast to reach one point seven million next year another growth sector is buildings insurance in

september president dmitry medvedev suggested the return of compulsory fine surance after the summer's devastating wildfires however this will take much longer than the government wants according to one of the country's leading insurers the general director of. negotiations along will take two years. what we see now are only talks on how to implement mandatory fire insurance in the country if we talk about insuring apartments it mostly means insuring liability but if you talk about countryside houses then this deals more with property insurance the state hasn't made its decision yet i think talks will go on for at least two years it's clear that number is so long it won't drive the recovery consumer confidence is crucial as the industry is to meet its potential my dinner which no business are today. russia's second biggest bank v.t. b. is in talks to buy home credit bank from czech financial group p.p.s.

the deal is estimated to be worth two billion dollars home credit is the second biggest consumer loans operation in russia the peer group has reportedly decided to sell one hundred percent of the bank to be t. be including its operations in by the us and has a stunning b. to b. has not officially confirmed the deal. and that's all the business news for now but i'll be back with more for you next hour so don't go away. you're. welcome.