team. working with nato to prevent a new arms race closer ties with foreign partners those are the. presidential address to the federal assembly today. it's barack obama's big test as he tries to break republican opposition and use his final chance this year to push past congress. treaty with russia. demonstrating for almost a decade against its involvement in the afghanistan war but the protests are falling on deaf ears. the debt crisis in the euro zone continues to spread the cost of. signficant this is the worries about the risk of lending to

companies as well as some viewer can govern more than twenty minutes. worldwide news twenty four seven this is our seed live from moscow. president dmitri medvedev has warned of a new arms race unless russia and nato compromise on a joint anti missile system addressing the two houses of the russian parliament today he also underlined the importance of intensifying the fight against widespread corruption one of the major obstacles on the path to modernization and he said it gives us a review of today's presidential speech. that easy g.m. or a seascape figured out see did need to be. made to video this date of the nation a perfect way to make a statement about how to protect the interests of

a state russia sees missile defense as the number one priority on its global agenda not for today but for the future it is racially distillate here in the next decade we have the following alternatives either we reach an agreement on missile defense and create a full blown mechanism for cooperation or if we fail to have a constructive agreement a new stage of the arms race will start and we will have to make a decision on creating new strike forces it was one of his strongest statements one which experts think will get across how much russia wants cooperation not confrontation as they say in the united states is a game changer something which will dramatically change the strategic equation if it does not happen he wanted to say then we may be for a new period of confrontation but president medvedev didn't mention the us or their so-called reset he focused on countries like china when talking about trade and

boosting investment back home on that issue would it be ready to step up economic diplomacy it should provide specific results for modernization of foreign policy should not just be based on missiles we have already formed the customs union and currently we are creating a common economic area under the eurasian economic community we're testing cutting edge integration patterns as well as programs of effective cooperation basically we must move towards a common economic area spreading from the arctic to the pacific ocean through eurasia of course a good part of the address focused on domestic goals from pensions to paychecks president made made you've pinpointed many problems and now he thinks they should be solved long term most of the free world. this speech wasn't just about the up calling a year it was about russia's plans for many years to come here's what the president said about russia's raging corruption problem or but because of our experience

shows that even facing a twelve year jail term does not stop corrupt people we think that sometimes economic measures such as a fine could be productive to commercial bribery community with one hundred four is fine. now it's time for lawmakers to get to work the president's plan is out there dmitri medvedev has paved the road he wants to see russia on now it's time for these men and women to get the country on that track and stay the course reporting from the kremlin and he's there now a r.t. . and for more insight on the presidential address some are joined by feel that to look young off editor in chief of the magazine russia in global affairs good to see you so during today is a presidential address to be treated here to discuss that there's a possibility or fear of a new arms race saying that russia and nato should assess missile threats together do you think it could be possible that there could be a joint of russia nato missile defense shield in the near future if you think.

certain order in the future of course this issue is very global one. it touches upon the most the cods through t.-g. stability and security of each global player saw it will be on the realistic to expect in breakthrough anytime soon what means really to do is actually. to continue talks which they started at the need to russian interests into the lisbon last week because if not eve need to continuous with its own missile shield in their bid to blue russia will need to consider. other options and i don't. leave in the hour freeze but that will be again. shaping the confrontation of the past and we are in the final month in washington d.c. where american president barack obama is now trying to push through this agreement

on the nuclear arms reduction treaty he's getting stiff competition already from his republican counterpart let's shift our focus now on the presidential address today with dmitri medvedev he was saying that collaboration between russia and its foreign colleagues is crucial on modernizing the economy and so on and so forth in russia tell me this how is russia going to attract foreign investment as far as you can see. video of a speech in the foreign ministry last july was entirely the key to to the idea that the whole russian foreign policy should serve purposes of the mystic river and zeeshan sort he's a deal was the best of the us and diplomatic stuff should should help business people in the west to know about russia what the needs and to to explain for them russian within these asian i'm not sure that will be enough because of

course to to attract investment russia needs to choose to change this month lower than side and some other ideas on me to be different just. to do that. so far i'm afraid there are more discussions about there than a real date but when it comes to as maybe i've said creating more investment and more business cooperation between russia and its foreign policy also outlined a much broader scope he said that he wanted to see him an economic space spreading all the way from the arctic to the pacific ocean ultimately and telling all of your asia that's massive is it possible that's mess if and that's that would be great i'm not sure it's possible now because so far we see a rather destruction. of this area fragmentation of this area but actually even president putin when he was in charge of kremlin he's

a deal was to find a mutually. beneficial solution between europe european union and russia and he by the way repeated that last week in germany and both putin and media for talking about complementarity of economists in russia and in europe because these greater europe it's the only way to do have any chances in the future of global competition or now let's focus on another domestic issue here that the president to me to begin to discuss during his address today he said that he wants to work to curb the corruption and he was suggesting that should be very tough fine slapped on those who are giving or receiving bribes if you think such penalties are effective on this or corruption is under discussion in russia since a couple of centuries and different measure us were taken from economic ones to repressive once. i'm afraid even very tough fines will not

so to see undermine this tradition because there will only mean that corruption will be more mess if because the risks will be bigger all right only time will tell if you're the lucky one of editor in chief of russia and global affairs magazine thank you you thank. well still ahead for you here on r.t. drumming for peace but no one's listening. you cannot fight terror with war because war is terror issue you know we explore. it's a campaign demanding the country's troop withdrawal from afghanistan. last. big presentation. in football. the winner will be announced today.

this year's last chance for barack obama to push for u.s. legislators to ratify the nuclear arms reduction treaty with russia as republicans try to stall the process obama plans to address the country later on choose day to get more support from congress. and explains exactly why some of them are not giving the treaty the go ahead. obama basically has two leaks or so to have his arguably major foreign policy achievement passed by the senate then we'll have the christmas break and after the holidays a by then the trade is still not ratified there will be dark days awaiting obama start more republican senators will take office and many of them are skeptical about the treaty but it seems the substance of the treaty its content has long stopped being the focus of discussions here in washington a partisan game sort of scoring of political points seem to be more important to some politicians than what's actually at stake and that's the point obama has been

making for weeks we've heard him call for republican senators to step away from this overwhelming desire to undermine his presidency and really look at the treaty itself and how important it is for the u.s. national security 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. some monumental statesmanship not only on the part of president obama but on the part of the democratic and republican leaders in the senate who are not trying to sabotage the start treaty with the with russia the start is not just about reducing both countries' nuclear arsenals by a third it's seen as a symbol of trust between the two nuclear superpowers and obama made it clear in

some of his earliest statements that further cooperation plans with russia could when they go south without these key trading places trust how important russia's assistance is in afghanistan how crucial russia's cooperation was on in iran and some other aspects of u.s. russia reset and everybody here realizes that the new start is sort of the milestone of this reset in terms of substance and key questions concerns whatever senators had regarding the new start treaty those were all addressed to start is quite simply common sense or agreement. to control the world's most dangerous weapons and then have stability between the two countries to countries that possess over ninety percent of them and what are 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 that i think certainly the american people expect us to make that country's military unanimously testified in support for the treaty and number of former secretary of state both republican and democrat former defense secretaries all said having started is in u.s. national interest so there is a huge bipartisan support for the treaty among experts but not on the hill and obama has very little time to change that. gun it's kind of putting that now the publication by wiki leaks of a huge raft of communiques has played havoc with american diplomacy politicians around the world say the confidential reports of u.s. officials off a few new facts but gerald celente the director of the trends research institute says the revelations are a damning indictment of the u.s. . today the american media has the scrapes now how about you know look at the

garbage they talk about michael jackson for months on end tiger woods so the internet is opening up a whole different way of of new journalism for the twenty first century and this is an example i heard hillary clinton's quote about how american foreign policy is public was great this is these wiki leaks are making it more popular we're seen how incompetent they are how what doubles weekday you are how they show was handshakes and smiles on t.v. while they're doing dirty talk behind their backs you know this is the new way of journalism however look what's going on and also some clowns out there that call themselves congressman had this stuff terrorism said we're going to have a position with the federal government as they did last week they're going to start closing down sites and prosecuting people have about this claim saddam hussein has

weapons of mass destruction and ties to al qaeda i mean they make claims all the time where i would any one of the thinking adults mind believe anything the government says to them especially when we see these facts revealed in another light read my lips no new taxes i did have sex with that woman monica lewinsky i smoked but i didn't inhale we the people should have the right to this information they want a transparent government let's have it. well some of the cables obtained by wiki leaks concerned tensions around north and south korea suggesting that senior chinese officials favor a reunification of the two countries under seoul's control the documents were revealed as north korea's parliamentary chairman came to china for diplomatic talks earlier the us south korea and japan reportedly rejected beijing's call to sit down

and resume talks on north korean disarmament the north is further unnerved by a joint american south korean military exercise in disputed waters professor ruediger frank of vienna university says seoul's current policy is dangerous with a volatile state like north korea. but south korean president finds himself between a rock and a hard place on one hand if you does nothing you can lose credibility at home and abroad. if you overreacts you will risk a major confrontation and may be disastrous consequences for his own people so after the sinking of the channel in march however it seems. doesn't feel like sitting still this time so he's walking a very tight rope between showing force strength and actually a confrontation far as i understand his policy here regarding the sunshine policy of his to preview services. in the fish are not affected so

he decided to return to a policy of strict reciprocity towards north korea to put out good actions will be rewarded bad actions need to be punished i think goes through a policy or current south korean president. you are with all t. and there's plenty more to be discovered on our website www dot com where you'll find exclusive coverage opinion and analysis also find a story about an often a general russia that is suspected of forcing disobedient children into mental health hospitals where they were treated find out more on this. new role may be in store for immigrants in russia as it is set to welcome foreigners to serve in its armed forces for the first time discoverable dot com.

there's no shortage of skepticism in europe over the war in afghanistan and denmark though antiwar activists have been camping outside parliament for nearly a decade they are opposing danish participation in the so-called war on terrorism they want to make politicians a stand up and listen to their calls are falling on deaf ears that's a really found out. i ve been here for nine years and they're not planning on leaving anytime soon among us. is because. we're like no we don't want to go home and leave it to them again you know they were 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 wall 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 key 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 . parliament members of peace watch have been standing here for the last nine years day in and day out demanding the fallout of davis 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 does but i also don't show much enthusiasm i don't see. really an.

aggressive. militaristic probably. so why have peace watch out to this not being able to gain any attention if we stood there perseverence some believe it's because an antiwar mood in the country is something and when you think within the last year while there's a majority of the population against continued participation of got the stuff even though there are still a large political 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 old stay here until the war ends but everything the. current tea cup and you can mark. it is the last day before the country is vying to host the football world cup in two thousand and eighteen and two thousand and twenty two are allowed to promote their bids the delegations are gathering in zurich where the winners will be

announced on thursday russia is fighting with england spain and portugal for the rights of host one of the planet's biggest sporting events in eight years they will present their bids on wednesday the u.s. and qatar are in the running to host the two thousand and twenty two tournament experts believe russia's bit has a strong chance of winning as it is strong. supported by the government but it has faced criticism concerning its lack of infrastructure to hold such a big tournament but as the head of russia's bid committee says the country has plenty of time to improve the situation. the report largely describes what is. the state of affairs now ok we're talking about a world cup there will be in in almost eighty years. of course much changes will occur and we have submitted all the documents signed by our government that these changes are guaranteed to happen. well let's check out some other

stories now making headlines around the world this hour and a british students have gathered for a nationwide day of action in protest against government plans to arrange university tuition fees the reforms are part of the u.k. government's deficit cutting measures reports suggest that police attempted to contain the protesters in advance demonstrations are also taking place in italy as police have blocked access to. keep thousands of student protesters from reaching. the sea high school in the u.s. has ended with all twenty four hostages being released unharmed. a fifteen year old student with a handgun burst into a classroom where twenty three classmates and their teacher were having a lesson the gunman did not make any demands and we had no previous run ins with the law he shot himself after police broke into the classroom and is now in hospital nobody else was injured in this attack. well in just

a moment it's the business news with you. hello and a very warm welcome to the world of business the debt crisis in the euro zone continues to spread on tuesday the cost of corporate board jumped a sign that investors are worried about the risk of lending to companies as well as some european governments and it's not just a problem in southern europe companies like france telecom and b. and p. parry basile the slip against the german benchmark well for more on this i'm joined by its quote puji managing director of financial institutions that standard and poor's ratings because of you thank you very much for joining us so france and germany have been talking about doubling of the euro zone rescue fund to almost a trillion euros does the euro zone have the money. the

eurozone has the capacity to double the rescue fund and in fact doubling it is more of a political decision and getting agreements from different governments that yes we will make contributions when we're needed in order to to increase the fund size and that's size of a trillion it sounds like a lot but in the context of the size of the european economies the size of the financial sector for example the amount that the european central bank has has i went into the sector it isn't that much what really counts though is the use of the phone because the use of the phone really has political consequences and that the use will not be the decisions on the use will be made lightly and so what you want to watch is how the fund is used and will be you that will be the important decision when you're going to. write and german chancellor angela merkel suggest that the scene it sharable to show the losses was the profits of the european banks to which they lent comes close to outrage in europe so why is the fury yeah and

this is this links into the use of the fallen because the the use of the fund means more government bailouts for troubled institutions maybe trouble for national institutions and that's counter to the sentiment that would come through in chancellor merkel statements that maybe the senior bondholders should share the pain in the call of bail in. and the reason that it gets everybody riled is that it is such upsets the established order where the senior bondholders in particular financial institutions expect that the governments will step in and bail them out under all circumstances and in fact that's not the case and the statements by the chance or are are. open up an issue that is always present but open up in a very direct way and suggesting that it could even be possible changes that it would be more code. if i think that would be the way to approach it it is

a bit of an upset at the established order at least in the way things have worked over the past decade so. if it gets people talking. let's turn to russia now let's get the eurozone crisis has led investors to seek alternative ways of investment so that turning to emerging markets china india brazil but capital is still flowing out of russia why is that. i think. it may be i'm i'm not sure what the most recent flows are but the contrast with between russia and the other countries the other bric countries india china brazil is market in the sense that there has been a lot of capital flowing to those other countries where other net basis not so much to russia and i think it's probably about a wash where there's not new capital coming in but there's not capital flowing out and really we do we had state employees would think that this is probably the story

that has been underlying russian credit for a while the whole of that is there some hesitancy on the part of investors due to the infrastructures slow pace of reform of innocent questions on transparency questions a group of war that make a relative basis russia a little less attractive than the economies of india or china or brazil so what can you just say what is the main problem of russia. and just well i understand is the falling currency rising inflation capital outflows what's your view what is the main problem. it's a broad question. last year russia had an eight percent economic contraction brazil was i think about even so the zero growth. china and india are very strong there are eight nine percent of every growth in iraq it does have an economy that's more concentrated first diversified outside the oil and gas sector the. companies

are not really competitive in a global basis. and there's a need for a lot of investment interests just reform from an administrative perspective but also investment in the basic structure of the country and. maybe that's the biggest challenge today really the the recession exposed some of that weak so in a recessionary environment where there's economic contraction some of the poor performing companies can't perform anymore so there's massive restructuring of the corporate sector is still continuing and getting out of the policy and in administrative environment right to promote corporate restructuring business restructuring for more competitive. companies that is a lot of work so that's that maybe the biggest challenge for russia basically it's a combination of such as that can hurt the economy tractors from the point of view but investments ok thank you very much for your analysis managing director

financial institution says standard ratings are. we move we move on and present medvedev has given more details of his plan to modernize the economy the president also confirms broadly some awful state assets announced earlier this year on small business much better of such social and manufacturing sectors will be exempt for the next two years from plan to tax increases. we must find an opportunity to soften the impact of the measures on business i decided on a two year transition period for small firms in the social and production sectors they will have a lower level of insurance payments of twenty six percent this year i signed a decree for the list of strategic companies to be reduced by five times the main goal is to increase the efficiency of these companies to attract additional investment and to use the income to modernize the economy all non core assets should be privatized the authority.