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global power shift asia pacific region and becomes a center of financial power and influence with china taking over from japan as the world's second biggest economy. the u.s. warplane in exchange for a new halt in the west by construction but critics say bribes. decades of talks have failed to deal with. fresh organ trafficking allegations are the cause of reignited allegations hundreds of body parts harvested during the one nine hundred ninety s. yugoslav war and add to fears organized crime is right. and coming out in business update russian around ways is looking for a forum to build a high speed network across the country we have details in about twenty minutes time.

a very warm welcome to you live from moscow the center of economic power is shifting quickly eastwards to asia pacific that's the view of russia's foreign minister who's been in china for a three way meeting of nations is widely seen as shaking up the old order of global politics russia china and india part of being increasingly influential group alongside brazil the growing dominance this block is seen by analysts changing the world's centers of power the host of today's meeting china has. already overtaken japan to become the world's second largest economy he and his fox catching up with the us may. be awakening. from a pile of ruins right after the second world war to an economic powerhouse second

only to the us all in the span of a single lifetime major pan economic miracle. you can 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. the quality of the jokes like your salaries are being cut. even when companies hire new people they tend to the condition. 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 again 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 increasingly important parts for the buses by overseas he's referred to china also

known as the factory of the world with a major chunk of every manufactured artem today either fully or partly made in china i'm here in the heart of the largest chinatown. there been four generations of chinese that moved to japan and they've been fitted greatly from the rise of this country economically but ironically irrational 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. sort of a sluggish. level. and i'm not sure either of those things are 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 good u.s. exports chinese president hu jintao laid a new china gets the last word that's the new reality in asia it's not the whole world. tests are still you know r.t.e. yokohama japan. and still to come later in the program here on r t defense budget if politicians call for cuts in social spending to help america's shaft of economy put the massive military spending remains fenced off despite growing. while the us is desperately trying to revive the stalled middle east peace talks it's offering some only christmas gifts to entice israel into extending a freeze on building in the 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 and exchange america

wants israel to pause construction in the west bank for three months and promises not to request another freeze when that deadline is up palestinians are criticizing the plan angry that the proposal will not apply to east jerusalem dr hassan a pool of dead palestinian economics minister says it shows how israel is twisting washington's arm. but i think we're talking about blackmailing israel blackmailing america and mailing the world for status in some kind of. settlement activities settlement activities have been characterized by the whole world as it illegal and i think the fact that is is there. negotiating with an american an american administration the terms of a deal where they could have this pseudo moratorium 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 they will return for three months it will not be for the old palestinian territory but what will happen at the end of the three months nobody knows is there will stall the process even if it starts at the end of the three months they will have another out another round get a new blackmailing long list of things that they will demand israel 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 this lebanon's prime minister has praised russia's

important role in mediating peace talks in the middle east and promoting stability so is on a two day official visit to moscow and caught up with him ahead of his trip and we'll bring you an interview with him in just over twenty minutes time but for the meanwhile here's a preview. i think russia could play a very important role it has many friends in the arab world we need to use our relations with russia in order to communicate the arab stance on things to the international community because it's very unnerving to see the injustice done by israel to palestinians as well as to lebanon in syria we can no longer ignore this politically relations with russia very important to us we would like these relations to be economically beneficial as well and we would also like to find out how russia could assist lebanon and equipping our army and security forces in this respect we're going to propose some ideas for russian friends.

this is our to apply for a moscow and at least seven suspects and cause of have been charged with persuading people to sell their organs and never paying up one of the accused who has links to the cause of our liberation army has previously faced allegations of trafficking during the kosovo war that conflict in the ninety's and the recent declaration of independence of cause of our house invited in organized crime experts on the region say this is just the tip of the iceberg sarah further investigated. 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 with political instability and a weak justice system cost of a could be becoming a breeding ground for criminal activity trafficking in. 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 medicaid private clinics and first surfaced. forcing the center to close shockingly r.t. have discovered the two things named in the indictment have continued to work ever since the book has another house and you're a medic and just next door to where the alleged crimes took place so we went to confront you america about. we just tried to speak to america and they want to talk to us we were asking them about the two employees who are supposedly still working there despite having been involved in the medical case. where that were shut down

you can see the proximity is extremely close the indictments have shed a harsh spotlight on organized crime and cost basis 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 wall. between medicaid and the yellow house case the alleged murder and harvesting of. prisoners by members of the cause of a liberation of those. the evidence to bring that case it was. my husband was taken just after the war ended despite civilians having been promised security or regardless of ethnicity never came back the families of kidnapped and killed people in cozumel have been fighting the red tape in the un mission in consular and dangerous for a long time but so far was out in your results the biggest problem is that those

who are killing and kidnapping people in cars have changed their soldier uniforms for this use of m.p.'s they gained overnight with the help of international institutions the focus is now fully aware that the territory is up to fighting organized crime and say many can still say clearly because the peace is the past there for. a while there are always many more stories on our website for you to check out it's our to dot com and here's a quick preview of what might catch your eye right now while forecasters predict the coldest winter russia has ever seen there's still no sign of it it's or experiencing a record breaking warm november day. and it seems to be puppy love at first sight when bloody mary putin was presented with this ball gary and sheepdog on a train trip to the country jordan is the labrador and tiger has been given in the past all of that at our teeth dot com.

the outgoing u.s. senate is starting its last series of sessions before the newly elected members come in in january and things get a lot tougher for barack obama the post-election period of called lame duck sessions is the last chance for the president to push his initiatives through a democratic majority was severely reduced following midterm elections. one deal at risk is the nuclear arms reduction treaty with russia which could face strong republican opposition let's now discuss this with dr dominic live in a professor of the russian government at the london school of economics a sort of strategic arms reduction treaty that were approved by a majority in the u.s. senate but now the republicans are doing everything they can to sink obama's initiatives tell me this why is nuclear security less important than internal

battles on capitol hill. where the moment everything's less important than internal battles on capitol hill. you know within the sort of american political elite there's simply obsessive lee hostile to each other and competing for power nothing else really counts and therefore you know international treaties the whole range of foreign policy issues to simply become a game essential here about who's in and who's out in washington now hillary clinton and robert gates almost begged the senate to ratify the document in a joint washington post article why do you think they're so desperate. well i think it's partly that they feel the document is important you know this treaty is a significant part of their whole foreign policy and obviously they are committed to you know better relations with russia and trying to stabilize the nuclear relationship but beyond that if the senate throws out this treaty it will make the rest of the world believe that obama is powerless if you can't even get this treaty

through what else is he you know going to be able to do probably nothing so there's a general issue at stake as well as the specific russian now is to egypt offensive arms are linked to defensive arms in the document but in the article by the u.s. secretaries of state and defense and they say u.s. missile defense plans that won't be affected but we are we missing something here. well they of course they have to say that because the not just the republicans but a significant section of the democrats would not vote for the treaty if they thought it ruled out the development of you know but. missile shields in the long run so clinton has got to you know try to turn a tightrope in which she says to the russians that this is not. in any way encourage the development of the defense of missile screen and tells the american audience that theoretical research and indeed development will go on it's there in a very difficult position they're talking to different audiences and they have to

to some extent blur the issue or now let's let's talk about the end game here let's take this on to more of a global scale here consequences what will they be if the treaty is not ratified. well as as i said i mean it will very much on the credibility of the obama administration because i think most of the rest of the world regards this is a good treaty the administration is committed to it if the senate throws it out or filibusters it. then it will make the american administration look powerless and of course that will have a very bad effect for the next two years so there's a you know a general issue surrounding the credibility of the effectiveness of this administration there's also of course the broader issue of the nuclear arms balance with russia and indeed of collaboration with russia or the nuclear arms in general which presumably would also affect american plans as regards iran where the russians have been playing gave recently so there are quite important issues involved and it's

not all surprising that clinton and gates and indeed all barbara pretty desperate all right dr dominic live in professor of russian government of the london school of economics thank you. with the u.s. debt now exceeding thirteen trillion dollars republicans were elected in midterm elections on a promise to reduce the budget with across the board spending cuts you know de implicitly exam to the defense budget promising to fund america's wars whatever the cost may be artie's a long list has more. with the u.s. debt in the trillions and 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 however 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 i mean that's why sustained spending

would you cut defense across the board as well as domestic out of your do you do not cut defense 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 there's an immediate outcry of those congressional districts that are impacted. i'm sure it's political and hey being a superpower doesn't come cheap it's a question of maintaining ready this have a 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 in other people's countries all over the world. 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 fence as the rest of the world combined so it relies on the other countries to pay for this countries like china to fund u.s. debt or another word to fund us that america storing all of these dollars in iraq and. afghanistan in japan. bases around the world that's what the deficit is and that's what the u.s. isn't talking about of the federal american politicians would rather sidestep the issue i know. 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 comediennes for one america is like a family that spends way more than they bring in and dad won't give up that big

stupid boat. and you know what america's stupid boat is it's our empire we owe yeah and former budget director is a republican president. and the. son is an imperialist power and we can't have credit card imperialism we can't be the policemen of the world anymore because we can't afford it we're going to cut defense drastically to the will on capitol hill looking more like this if you do you do not cut defense and a 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 is 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 you're going to be falling on defenseless you it's more in mr r t. is just on twenty minutes past the hour here in moscow let's check out some other stories making headlines around the world and an insurgent attack on a u.s. based in eastern afghanistan spot down in after a rocket hit a fuel container the fire was brought under control off several hours leaving six vehicles destroyed the deadly strike comes a day off taliban fighters stormed another nato base in. afghanistan showing the insurgents' determination to stage attacks despite a surge of u.s. troops. the use of australian airline quantas continue a plane flying from sydney to argentina has been forced to make a return after experiencing a problem with its electrical system the boeing is seven forty seven carrying two hundred twenty people managed to land safely. two hours off the departure it is the

fourth incident this month following a fiery engine blowout on november the fourth which grounded qantas was entire a three eighty fleet from singapore. eight people have died and almost one hundred have been injured after a fire and gulf the high rise apartment building in china the thirty story tower was under renovation when a fire broke out on scaffolding quickly spreading to the building itself chinese state media reports. desperation to escape the building. and time now for the business news in fact comes your way in just a moment. hungry for the full story we've got it's. the biggest issues get a human voice face to face with the news makers. and

they are welcome to the program here in r.t. with me i was folly russian era ways looking for a foreign partner to build a national high speed rail line network across russia several companies are showing interest in the project bought investors a seeking government guarantee. reports. fasted journeys with greater confidence and service that's the name of russian real we project to build high speed transport across the country attitude that 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 trouble to 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 the of. 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 other. ratio of different industries that are going to be created in russia because jobs new services as well as saving time high speed real shoes to go look at them and development in russia's regions foreign partners who provide technology an expertise forming a joint venture with an attitude to subsidiary cost estimates exceeds forty billion dollars but that could come down but that means that all new high speed rail is

appeal to the same standards the rolling stock is built the same standards the new theory you should be able to run a trial in anywhere in european network has been built this time so russia needs to be very careful which standards its chooses if it wants to have a low cost railway for the future and you're a real trouble began in russia with eerie express linking moscow center to the words and sub sun the first rapid train to st petersburg customers are convinced it only remains stewing over investors high speed trains are unlikely to pay back their construction costs before two thousand and fifty. in the new innovative a business are cheap. the scale of the debt crisis facing europe has become clearer with the release of two thousand and nine budget figures for year as their area greece was in even worse shape than previously thought the deficit of fifteen point four percent of g.d.p. which looks set to become the second country to receive a bailout of the second highest deficit over fourteen percent across the whole

thing the currency float the budget deficit was more than twice three percent target that will be your occurrence of the year. let's take a look at the markets now despite that data european stocks are trading higher on monday racing and the losses as investors focus on local stories including the story result from london based osmanli no longer in the tech sector is standing strong. here in moscow stocks are climbing this hour with the old test now trading back in the class that bank of leading the games only r.t.s. up to five cents so for the top gain on the mindsets the database is dragging. it's in these in freefall you know we are able to raise up to four hundred million dollars for his upcoming i.p.o. that's according to come with our newspaper citing a source close to the matter that is doing would take place next year with the board aiming to attract funds to develop its business in russia with serious. unemployment in russia's growth the first time i really months the number of jobs

with people increased by point two percent in the first week of november to round one of the year russia's health ministry blamed seasonal factors. the world's largest mining company b.h.p. billiton a scrapped as hostile forty billion dollars bid for qantas potash corp as after failing to get approval from the canadian government decision gives the green light to russia's top fertiliser make up for growth but he's also interested in acquiring potash. in the russian insurance market will reach pre-crisis levels within moments historically russia has been under insured with the people relying on the government and good luck to help out in times of crisis that is beginning to change the rapid growth of life and motor insurance but in a culture of reports. that young charlie and his company and read the russian insurance market only two years ago from the start of the financial downturn two years on some saturates of the economy have almost recovery to pre-crisis levels

and among them the insurance market we have followed. you to call them we thought going down on the other market and based on that there we are strong but you've got a recovery on the arse in terms of market especially in the stock got off of what insurance the fast growing life insurance business is sin expanding by almost twenty percent this year x. three c. the mortgage will reach the pre-crisis levels of two thousand and eight within months one key driver is domestic car production forecast to reach one point seven million next year another growth sector is buildings insurance in september pres. medium and video 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 angus trucks as the negotiations along will take two years but there you see 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 virtually to years but it's clear that number is still mark won't drive a recovery consumer confidence is crucial as the industry is to meet its potential my dinner which no business r.t. . now we can always buy more stories on our website out it up calls. thank. you.