the state of play in russia's modernization and comes into focus in a few hours as president to outline the country's progress and future plans in his annual address and. world leaders for cold water on the exposure of america's current cables in the wiki leaks was will not affect global diplomacy. and test for president obama's political course as the democrats press the republicans to get the new clear cut steel sun go on the senate to student action. you're watching on t.v. well straight to our top story now in a few hours dmitry medvedev will outline russia's goals underachievement to

parliament in his previous state of the nation address the president said the country's politics and economics where its main challenges well let's get more on this from a country in central moscow know what's expected in this year's address. will carry a lot of issues are expected to be covered by the russian president when he delivers his annual address to the federal assembly unlike last year however there have been no specific giveaways asked what topics the president will be contrary of course we do know that it is tradition to focus on both issues of domestic and foreign policy giving priority of course to domestic concerns and we do know according to some sources that the president will be giving devoting a lot of the attention to matters of social issues various social reforms where progress has been made where it is still needed that more attention and finances need to be done. hurted to all those issues are expected to be touched upon by the

russian president when he delivers his address also something that has become somewhat of a symbol of nicki minaj just presidency the fight with corruption ongoing battle against corruption and the modernization of the country and all of its sphere is not only in infrastructure and technology but also politics some policies all those aspects are force expected to be touched upon by the president we also expect some mention of foreign policy the recent improvement in relations between russia and the united states russia and you and the north atlantic treaty organization as seen in the recent summit in lisbon all those issues are also probably going to be touched upon by the russian president there is no giveaway like in last year's address where the president actually wrote an article titled go russia just prior to his address encouraging the citizens of the country to email or of right with

any suggestions or topics they believe need to be addressed by the president and the assembly with a video actually incorporated a lot of what the people had to say to him to enter his address this year is is more traditional and therefore of course more secretive but we will find out all of the details in just a few hours but to talk a little bit more about the new potential subjects of this year's address and what they might actually mean i'm joined live by the sound they could to know who's the president of the new regime foundation thank you so much for being here now this year's address what do you think the main focus of it will be well i think that. you know there are. we can expect the president to. special emphasis on social issues. have to demonstrate that he's not just a technocrat who cares only about modernization has not take you to. but he does care about social issues he doesn't hear. those behind it and it's

likely to deed the main emphasis of his current address now you mentioned modernization of course that the president has made it somewhat of a focal point of his presidency do you think that three years into his time in office there has already been some sort of progress in that while at least i think there was a change in the perception about what your decision to release and it's very indicative that he. makes a new emphasis on social issues because it's clear that modernization of the technical issues still just about bringing the particular set of technology it's about changing the social frame. we apologize for a few technical difficulties there was of course. it seems we can now of course we'll be bringing you more live analysis as head of the president's speech as we get it on tape.

now that let's move on the latest wiki leaks revelations are nothing new and will not damage international diplomacy according to major world leaders they voiced their doubts about the leaks from the online whistleblower which contained more than two hundred thousand classified documents from u.s. embassies across the globe but as arts he's going to church he can reports many experts say it's still a huge blow for washington's reputation. the weekly star definitely causing a lot of american and for the obama administration they're trying to sort of play this down in obama's case just to just ignore it we walked out on a reporter who asked about the weekend secretary of state hillary clinton is now doing all the damage control work here is what she said i want to make clear that our official foreign policy is not set through these messages but here in washington our policy is

a matter of public record as reflected in our statements and our actions around the world many countries that were mentioned in those files were kind of were strained in their comments including russia. so it was fun to read sure but in actual policies we prefer to base our decisions on our partners concrete actions we're going to practice this approach in the future. those files expose that and they expose diplomatic information never meant for public eyes but experts say most of those documents are nothing new for the international diplomatic community most employers are kind of aware of the u.s. attitude many were quick to dub it as a diplomatic crisis for the u.s. not just because of the facts revealed in those files but most most of all the first of all because of the revelation itself how is that possible right the secretive u.s. they department allowed this to happen how weak their protection system must be if more than two hundred fifty thousand classified files managed to pour out and

second of all how embarrassing and often undiplomatic those cables actually actually were also the reason the release shows not so much some huge secret facts but rather the level of correspondence among u.s. diplomats which which some described as similar to high school kids check at the u.s. embassy in paris for example described the french president as as a naked emperor things skinned and also riparian among other things the u.s. embassy in moscow described pres the mid of it as playing robin to putin's batman you find a lot of nicknames in those files actually that would be an amazing rate if it were not so diplomatically embarrassing there are lots of versions on who would want all that secret secret diplomatic correspondence revealed someone did that still not clear who one of those versions is that the leaks were used to undermine obama some are saying the leaks could be an inside job by some dissolution and the war discouraged the u.s. government workers these leaks would never have happened if not for the number of

in scientists who are ready to leak this information it looks like it's linked to the wars in iraq and afghanistan when officers and they're looking for a not exactly fair business and this moral decay inside the pentagon who's these leaks the main theme of this leak is done is great delusion that the state department has everything down to control they have been exposed mechanisms not secret but quite simple and cynical public news of the u.s. will come. well now it's another sign that the u.s. is no longer duminy to the world meanwhile obama ordered to tighten measures to safeguard classified information but we can leaks thomasis to reveal more i haven't heard an opinion here at that maybe we can leave you as diplomacy a favor that would make them work better and maybe watch what they're saying behind the backs of their allies. going to check our reporting there now former british ambassador craig murray says there are no surprises in the latest leak but believes

there's a lesson for envoys to address their concerns directly not behind people's backs most of this material is not really very highly classified and it doesn't contain a great deal but the world wouldn't have suspected already. the difficulty is of course that there's been a great deal of discontent with the united states foreign policy ever since the iraq war the continuing occupation of afghanistan so. they gauge your ground to have people putting out information into be public domain so you fact of life that diplomats services have to come to terms with i think diplomats should speak honestly about world leaders i think the difficulty is that you have people speaking honestly and private cables but not speaking on the sleeve to people spaces diplomacy shouldn't just be a synonym of duplicity if you have a problem with a world leader you should tell them so explain what the problem is politely but firmly. where you get trouble is where your very very polite to people spaces and

been very good about them in private and that sort of behavior shouldn't be any more acceptable in diplomacy. well meanwhile trends analyst general center says the leaks show a vivid example of the u.s. government shortcomings. it's just another example of how inept the united states government is it's just another level whether it's losing wars in iraq or afghanistan whether it's failed health care or how about this one a failed economic policy everything that was. is they turn to ruin and this is just merely another example of their levels of incompetence we the people should have the right to this information they want a transparent government let's have it this is the diplomatic top this is levels b. and now we have these crazy congress men that want to call him a terrorist so they're going to try to stop it every way they can but you know it's

very difficult to say where it's going to go whether it's to the head for you want to call for peace that no one's handing. you cannot fight terror over the ball because ball is terror that's our main issue you know. explore why the authorities in denmark turning a blind eye to some pain is demanding their troops withdraw from afghanistan. internal conflicts in the u.s. congress should not hamper efforts to reduce nuclear weapons that's the cole from the head of the senate foreign relations committee john kerry says the atomic cuts treaty with russia should be ratified before the senate is in place but more republicans will get a chance to block it new start is quite simply a commonsense agreement. to control the world's most dangerous weapons and enhance stability between the two countries to countries that possess over

ninety percent of them and what a completely opposite irresponsible decision it would be if the united states senate just got bogged down in politics and walked away from this moment unwilling to make that kind of decision that offers the kind of leadership that the world and i think certainly the american people expect us to make. well kerry's message echoes that of the u.s. president during that nato summit in lisbon early this month rocca bamma said about the stumping the deal the cia was crucial for national security and the woman of relations with russia the treaty would see the nuclear arsenals of russia and the us almost a third to come into force it has to be ratified by the us senate republicans are trying to stall the process saying no more pressing problems to deal with but that's a good journalist when madsen says some republicans are in favor of sign

a treaty and that president obama still faces a daunting task to persuade the rest of them to do so. unfortunately if we don't pass the start treaty and this congress it's going to be thrown into a senate where the republicans are going to have an increased majority people like senator john kyl and senator john mccain both from arizona will have a lot of influence and less so people like senator lugar who's been forcefully arguing he's a republican of course he's been forcefully arguing for the republicans to do the right thing if he can persuade enough republicans and maybe some of the outgoing republican senators to get on board maybe we could see passage but this is going to take some monumental statesmanship not only on the part of president obama but on part of the democratic and republican leaders in the senate who are not trying to sabotage the start treaty with russia it's really incumbent i think on president obama to use his bully pulpit being the president of the united states

to to really force this issue and tell these recalcitrant republicans why this is important we should just north korea this parliamentary chairman is in china for diplomatic talks official reason for the visit has not been announced but it comes off to beijing called for an emergency meeting of the six nations involved in the north korea at this moment that. she ations area south korea said it was not interested in forming resuming talks tensions have been stoked by the u.s. and south korea even holding four day joint military exercises in the scene near the disputed maritime border going on reportedly put its surface to surface missiles that comes just days off north on an island but on to the south killing for claiming it was provoked korean as expert find it petroff says american efforts to keep north korea on edge are getting dangerously close to sparking

a conflict. there are many questions about the reasons. behind the u.s. and. military exercises that have been already the fourth military exercise in the last eight months i believe that you will see is eager to make sure the koreans of their manes. along with japan in this region are well trained well prepared need more weapons from probably the u.s. providing military conflicts and finally that north korea is weakened or annoyed and. intimidated of course staging military exercises is not. part of the armistice agreement so it's a clear violation from what that was signed it happened so it's hot here in the united states start military exercises solve the thirty eighth parallel or the northern limit line which they will literally do in the west. seoul the

actions can easily be interpreted misinterpreted by north koreans as a violation of arms disagreement. by way keeping costs that story for you online that has what else you can check out at r.t. dot com today the submarine that anyone can buy to be showing the world's first had a pedal powered under water troughs. patterns we draw inspiration from the animated behind each of them tell who drew every frame by hand you know and initialises me to. there's no shortage of skepticism in europe over the war in afghanistan in denmark

the veteran activists have been camping outside parliament for many decades to make politicians listen but their cause of falling on deaf is. explains why. they've been here for nine years and they're not planning on leaving anytime soon among us the i'm through. we're like no we don't want to go home or leave it to them again you know they are peace watch and they believe their government is doing the wrong thing but participating in the war in afghanistan you cannot fight terror with a ball because war is terror that's our main issue you know denmark has more than seven hundred troops in afghanistan a soldier killed recently brought the total number of danish losses to thirty nine so peace watch believe very case is as important today as it was in two thousand and one this is the danish ministry of defense right across the street from this is the danish parliament members of peace watch have been standing here for the last

nine years day in and day out demanding the pullout of danish troops from afghanistan so has anybody been paying attention to them apparently not in fact they say it's not just the government that ignores them but the media and the general public too sometimes they say well denmark isn't war we say to the youngsters over here coming to us they say look around where i don't see any war and occasional deeds we happen to pass by i also don't show much enthusiasm i don't see. really an. aggressive. militaristic. so why have peace watch activists not been able to gain a new tension at least for their perseverence some believe it's because an anti war mood in the country is something over a new thing within the last year. well there's a majority of the population against or continued participation of governor starr

even though there are still a large group of majority in parliament for public opinion has become skeptical but that's quite new but peace watch i determined to stay put until they reach their goal even if it takes and you know there are nine years your whole thing here on the board then to win everything we. do our tea cup if you don't mark. well some more of today's main world news for you now all twenty four hostages have been released from the us high school in wisconsin after being held on student for five years the fifteen year old did not make any demands and this had been previous run ins with the he suffered a self-inflicted gunshot wound and is now being treated in hospital when else was. well football's governing body has been hit by allegations of corruption three days before the vote to select the hosts for the world cups in twenty nine hundred twenty twenty two three senior three for officials are accused of receiving

kickbacks to one hundred million dollars sports marketing firm in the one nine hundred ninety s. also fraud allegations against the faith of vice president pointed me in the fall in the resale of world cup tickets to towns people has refused to comment. and europe's big freeze is set to continue as the snow fall covers much of the continent it's led to huge disruption to travel the cancellation of hundreds of flights germany should see services how to provide food and shelter to stranded motorists in britain where record low temperatures from the vendor have been recorded extreme weather comes from the high pressure of greenland which is funneling arctic winds into europe. or the business with. her welcome to our business program i'm sure our. president dmitri medvedev has

suggested more tax cuts for those who back innovative startups. he was speaking at a gathering on modernization and technology the president said investors should be exempt from taxes when they sell their shares and start up projects such as invest their own money different from venture capitalists good manners third party funds. the president suggestion is the latest proposal to inspire a russian version of silicon valley but business leaders doubt the economy can be modernized by decree one thing with russia should adopt as it is a back best practice and learn from our use the actions how to how to implement initiatives it's also important to develop infrastructure also develop trust between businesses and national promote development of joint interest for example for vs i'm a little bit more skeptical about government directly investing into particular

technology i think they should be led by private sector but i think what government should do and what steve should do is promote equal rights and promote clear rules and the right climate for such investments to post. the new has agreed on an eighty five billion euro bailout package for ireland but that is still only a fraction of the money the bank in the banks and ireland's have lost and many doubt their sums enough to halt the crisis the head of london school of economics told business r.t. that the bailout package is credible but irish banks will have to give up their global ambitions. and the rest of the european union are now standing behind the irish government the question remains however what is the future for the irish banks because in the past they were very large very did a lot of international business particularly in the u.k. and my own view is that's over that we will have to see

a significant contraction in the activities of the irish banks and they will have to go back to being essentially local domestic banks because this adventure that they went on overseas was a failure last week chancellor merkel made a strong quote she asked if politicians had the courage to confront the bankers and bondholders to make those who took the risks share in the bailout how comments were barely reported in the western press why is this a touchy issue because if you see that's what you are thinking about people in the market react to it immediately so this is not something that you can speculate about either have to have a clearly worked out plan which involves a debt restructuring which is for everybody painful maybe but at least equally painful if you have that plan and you can do it you could do that for

greece or italy for portugal you could say we're going to have a standstill and over a weekend we're going to work out but everyone's going to take a haircut that's possible what you can't do is speculate about it. now let's have. look at the markets asian stocks are trading down this hour both indices are shedding more than a percent and the hang seng closed down for the day at one point eleven percent financials are dragging in hong kong with h.s.b.c. down almost one and a half percent away from financials lenovo group is also lower after the data group gardener reduced its forecast of global sea sales in two thousand and ten and two thousand and eleven. meanwhile in russia indices had a positive start to close down on the day last night hydro and ross enough lost just under one percent on the my six year old kallie shares fell the most in almost four months after seeing call that form near the company's main potash mine deepens

complicating efforts to repair the main rail link the company uses to ship potash from its main russian mine lukoil in norilsk nickel were also down over one and a half percent on the r.t.s. . in general the russian markets have been moving sideways on negative news from abroad that's according to alexey. from pm g securities. equity markets have been moving sideways the last couple weeks and of course the russian equity market is also moving on the certain. quite important metric mcmansion factors first of all it's a military conflict between so and not been career and of course there are problems concerning the european countries some european countries like spain and portugal the european union is supposed to provide some economic and financial support for countries like spain and portugal so the thing is the question is whether this support will be sufficient and well whether the funds

aimed at this problem will be sufficient the most interesting subject to the end of the year easily stocks all the while and telecoms interation have tocome up read this because practically all of them have a certain upside potential to the valuation within that for the last telecom what else of course is utility stocks first of all it's interesting to see the distribution companies all of them quite interesting kind of price levels and most of them. significantly undervalued or navy. base relation and that's all the business update for this hour but you can always find more stories on our web site that's artie dot com slash business stay with us.

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