well coming through the fountain could see a big splash in the world of high tech business what turns events science into high gear cheap products they don't understand how cute trophies is going to be followed russian innovators to use your meters abroad and their fake breakthrough back home supply of light on store now so on technology update here on our own. we've got the future covered.

former russian tycoon mikhail khodorkovsky await his sentence after he was found guilty of stealing oil and laundering property. and that's a look outside the courthouse in central moscow to bring you all the latest details on this high profile case. we need to cut the spending yes we need to cut spending you know not of course in the u.s. senate but as education and health care suffer major parts war funding which means immune. and shady dealings the bank of moscow suspected of laundering billions allegedly pocketed by x. mayors why.

this is r t coming to live from moscow i'm marina joshie welcome to the program a mosque according to stanton's former oil tycoon me after convicting him of embezzlement it's a second trial for kosky who's coming to the previous jail term for tax evasion and fraud or he's until now because outside the court we're reading out of the verdict has entered its third day. uhura's expects to hear the food verdict on the case of money laundering by his former business partner david if by the end of this year but the fact that it's taking so long game is no surprise to anyone as the way it works in russia is first person is announced to be either guilty or not guilty and then the judge gets into the details of the verdict and in this case the verdict itself is three hundred pages worth of paperwork so as for how much time it could possibly take to read it. after the first trial it took the

judge about june we do read the food verdict on the charges of tax evasion by you have about a fourth and what the navy ship in right now but it was for will explain what charges that you are being accused of this time the court concluded the medical scan plot on a busy planned and carried out a complicated scheme of embezzling oil and money through dealings with three smaller subsidiaries of ucas some i don't have to guess you gonski have to guess and after all oil extracting companies each was forced into a deal that was highly on profitable for them but extremely profitable for you can see there was out thirty billion dollars worth of oil still and by about. through you can here's how it worked the oil was bought from the companies i don't know me or price said by ucas it was then sold at the same level to offshore trading

companies secretly owned by her that if when it was then resold at market price they pocketed the difference six billion dollars was moved offshore through tomsk alone so that's according to the prosecutors the scheme used by the crowd that of course again puts on leverage if that's the use of a morning long dream of twenty seven billion u.s. dollars worth of world russia has. all of the criticism coming from the international community owned this case saying that the charges that the two are being oppressed with a serious charges that would have been at it would have had serious consequences everywhere in the world and in the united states of similar suit the situation appeared itself then a person could be facing a life time with reason and. those statements from the russian foreign ministry team to the united states have said that this trial is a serious damage to you you would rights involved and in germany has also said that

it is a step away from would nice ation but russian foreign ministry insists that this is a domestic issue that has to be resolved within the borders of the country without the pressure from the international community on the courthouse this issue rests with a group of them over traditional system of the russian literature. in the at them. a poem to grow or are mixed up with. in his recent interview we would have still believe the russian t.v. channels the russian president has on this tour but nobody has the roy we need to fear with a far worse over the course meanwhile the defense will continue to argue the verdict they are prepared. to appeal to the international court of human rights is that is what it takes to prove their point they're all supplying. appealed to the

russian president. and the u.s. federal dad has hit its highest level in over sixty years but while the public sector is certain to suffer major cuts the military budget continues to get rubber stamp approval on hoppus find out how necessary wars are for america or whether they are just an addiction. if there is one issue that both sides of the aisle agree on and we need to cut the spending yes we need to cut spending it's cutting spending to reduce the country's budget deficit even top pentagon officials acknowledge it as the country's most potent problem the biggest threat we have to our national security is. the federal government's debt now stands at thirteen point eight trillion dollars and is projected to hit twenty trillion by the end of the coming decade we're not going to cut the defense budget half. the country's military budget now seven hundred twenty five billion dollars

a price tag of epic and historic proportions the largest since world war two. it includes one hundred fifty nine billion dollars for america's wars in iraq and afghanistan the reality is this is what america does neo cons like robert kagan who urged war with iraq long before nine eleven helps keep this reality alive by equating military might to global leadership and world domination we intervene in grenada nine hundred eighty three panama nine hundred eighty nine iraq nine hundred ninety one somalia nine hundred ninety two haiti nine hundred ninety four bosnian one thousand nine hundred five cost of zero nine hundred ninety nine afghanistan two thousand and one and iraq two thousand and three. the united states spends nearly as much on military hardware fixtures and training as all other countries combined we see at a time when there's twenty five to thirty million people who are unemployed or

underemployed where forty seven million americans can't go to a doctor when they're sick there's limitless funds limitless resources for the war budget the military budget is hardly ever questioned that town that is dominated by its industrial complex. advertisements lined the metro. commercials showcase the latest hardware and politicians cave into the lobbying campaigns and you can see it by the budget figures that the united states is in fact a warfare state it's addicted to militarism its addicted to war spending and its addicted to war profits this is where the war profiteers are headquartered tearing over the pentagon this place is known as contractors row and it's from this clear point we see the revolving door through which employees from the defense contracting enterprise one job to the government and likewise a significant number of officials in the government the pentagon and the cia fly

into jobs at the military industrial complex despite this military contractors spend close to thirty five million dollars lobbying congress according to the congressional research service defense contractors also dish out substantial amounts of money for campaign contributions in election years meanwhile a congressional watchdog group found in two thousand and eight over one hundred fifty members of congress had one hundred ninety six million dollars collectively invested in defense contractors and so as lawmakers scream louder too we need to cut spending and federal spending for education health care and social services has been reduced cutting the military budget which makes up over twenty percent of the federal budget is not on washington's agenda jan hospice r. t. washington d.c. . and the u.s. government has spanned more than eighty billion dollars on intelligence this year and that's three times more than the last figure and disclosed twelve years ago

john young founder of whistle blowing web site crypto excess the american government trains those who leaked the information so they can justify spending billions on intelligence. there are schools to train people like bradley manning are doing just that on the internet at fort huachuca this is one of the training syllabuses that we publish. on people how to run the. in operations by the leaking information to test the system something called a team should be teams that do combat on the internet but leaking the stuff they've hired hackers to do that hackers in fact are a favorite employees now of such groups no one knows more more conspiracy theory than spies do the national security out of paradis conspiracy theories all the time but they put out the story that is just conspiracy theory as always contemptible but in fact they're the ones who cook up the threads that are far more complex and bizarre than anything we ordinary people could ever cook up and they could billions to fight it. and you

can watch the full interview in just over an hour here in r t. and still have for you this our siberian military might close a team thank you to the land of the cossacks to test the bravery of the marshall man. an investigation is underway into how moscow's airports dealt with bad weather conditions which stranded thousands of people flights are slowly getting back on schedule after days of delays and cancellations airports are working hard to clear the backlog but many people are still waiting for their flights freezing rain rupture of power cables leaving the largest airport without electricity for hours at another hub iced up runways many many planes couldn't take off frustrated passengers who said the have received no information about their flights poorly try to break through passport control many people in both airports complained they were given no food and water or hotel beds that they were promised. almost seven and

a half billion dollars were regularly spent on construction in the capital these are the preliminary findings by russian government auditors on how state funds were used over the past two years when you were was still mayor the president fired him in september citing a loss of trust but as a continued and watch over reports alleged fraud involving the axe mayor continues to come to light. why i call the workers at one of moscow's banks are facing jail for lending too much credit and trust to the city's former mayor your english cough and his wife russia's richest woman board and find themselves at the central yet another scandal prosecutors suspect them of laundering some thirteen billion rubles almost half a billion dollars in a somewhat primitive that seemingly effective for a lot the bank of moscow owned by a friend of the gulf is accused of approving

a whopping great loan to a dummy company which then use the money to buy land from the mayor's wife is here . to scam was carried out under the control of city hall and luzhkov personally in three months this premier estate company appeared and with little more than three hundred bucks in his account get a loan worth five hundred million dollars unbelievable it was clear the company may not pay it back and could evaporate then this premier state company bought land from bet sooner and it covered her debts bankers across the world were committing suicide the eggs man's wife came out squeaky clean. on closer inspection it appears that the bank of moscow may only have been a middleman in the transaction suspiciously a couple of weeks before the loan city hall gave the bank fifteen billion rubles and it is should new shares prosecutors suspect this was the money given to prime

your estate to buy land from the mayor's wife many are now wondering did the mayor really steal the money for the love of his life the last scam handguard mask of its face a vitiated deal was so blatant it looked as if the former mayor took the money from the city budget wrapped it up for christmas christmas for it from his office and presented it to his wife in full view of the bank but. the price paid for the land also raises questions seven million dollars perhaps or of land on moscow's outskirts is astronomic experts say and there is no sign of any construction taking place all of these adds to the bad smell left behind by the former mayors acrimonious x. it. will of the months instead of promoting himself and playing political games the mayor should have worked the city has a huge number of problems corruption is going through the roof this is unheard of

it's impossible to get anywhere through fair competition who gets all the work contracts and tenders who has always won until recently as the mayor of moscow used to say those who exhibited outstanding business skills and prove their right to work on these projects are the most talented entrepreneurs but we know what kinds of decisions were made. you. know that these allegations are out in the open experts believe those in charge will be forced to pick up the tap which is the word for glasgow got out of the case has received too much publicity this people will have to pay one should not forget that the man has changed so if they don't pay up they'll be jailed for him though. it will be easy there's a loan agreement in place. so the consequences of a controversial time as mayor are still being phone and it could be that it's small time bank workers that will be paying the price of alleged big time corruption

exceeding the pressure on it. and all our stories and much more hope is available at our web site r t dot com here is a taste of what's lined up there. and why interests are the latest weapons being engaged by israel in lebanon as a bitter rivals launch competing war zone theme parks together points across. and hundreds of people in southern russia thought they were about to welcome visitors from another world as they spotted a view of folk in the sky or more down to earth explanation had to r.t. dot com. all twelve people onboard a military cargo plane were killed when it crashed in central russia and top twenty two came down in the tool region south of moscow all those who died were crew members a preliminary investigation says a crash may have been caused by engine failure prosecutors are now looking into the incident. some of the stories from around the world and west african leaders

have made a direct appeal to persuade ivory coast president the wrong babo to quit the war and you face this military action if he does not pass power till the sun atar whom the united nations recognizes as the winner of last month's elections more than one hundred seventy people have been killed and tens of thousands been displaced due to violence following last month's disputed ballots. airline schedules on the northeastern coast of america are struggling to return to normal after severe blizzards caused thousands of flights to be canceled services have now resumed into and out of boston new york and philadelphia but heavy snow and strong winds are still causing delays thousands of travelers are expected to be stranded until the end of this week as the situation is only improving very slowly. if you're flying continues to cause massive chaos across north trail you nearly a thousand people have been forced to flee their homes and around three hundred

roads across queensland have been closed including two major highways to the state capital brisbane authorities have declared several towns in the region disaster zones and it's the worst flooding to hit in the area in decades and more rain as it's sporadic to over the next few days. the russia closer team continues its journey exploring more of the country taking us to the top to the all square region in southwestern siberia. analyze more than two thousand kilometers from moscow the region has a continental quantitive with cold snowy winters and hard drives summers the main city is the administrative center for siberian cossack's who settled there in the sixteenth century until martin explores the military might of the marshall people. except. soviet times has always been on the frontier of russia it required people

to come here and build it from scratch and then to defend that front both people with the cossacks and it's their strong and self-sufficient local culture but i'm examining in my report. the view from the end of a cossacks spear but not to worry the young cossack on the other end knows what he's doing he's part of a tough rural tradition which has lasted for centuries. let's. see media they start teaching us friday when we turn servant to trickle at the age of thirteen depending on chance abilities and as for me i was very good at do i do horse at eleven as well as i can handle a spear and a saber got through all our tom and the others have a demanding daily schedule and horse riding is the glamorous part of the youngsters in the village built this gym themselves and now the training in it will have a lot to do to prove themselves as hunters and horsemen the training communally

fosters a team spirit crucial in this cossacks society. a team spirit necessary for the cossacks noblest pursuit hunting on the sharp end the beloved fast russian dog but bred to perfection over centuries and not for any ordinary prey. even though they were selected for this speed and anger because they must be able to get the better of a wolf welcome with gauri is master not just of his hounds but of this whole course village he's called the atom out and he has to show skill in leadership from solving village disputes down to training dogs to catch hares. though he prefers the larger prey morris for to be likely to root in old times to get the chance of becoming an atom and it was considered prestigious to bring home a wolf tied up with

a theory and or walk after the day's outdoor training we caught up with our at a man at the evening meal when he tells us about the history the cossacks originally came from lamb's far to the west of here but they proved a useful militia force conquering and securing siberia for the czars in return for grants of land. the idea was to create villages along the country's border so that people are bound to the land they are living on. the cossacks strong independent traditions were disliked by the communists they were suppressed and marginalized since the end of the soviet union they've been trying to rebuild their self-sufficient way of life especially when it comes to resisting the bad habits of city. it's no easy matter living in the country of course but on the other hand we're protected from the harm of the city from drugs alcohol smoking. but tonight at least the elders of the village were allowing themselves a few liberties. with me to talk more about life in the siberian villages is alex

dude you've been here for a while now in russia and. in arms and you've also traveled outside the big city so how would you compare life within the cities of russia and outside them. well i'd say the obvious who's quite a lot more provincial than some peers who grow before. compare with the u.k. i'm from us a small town in the north of england so i'm used to the small town life but i also seem to have villages around on the skin in the region people though much more down to earth they're tied to the land a lot of them have a lot most if not farms they keep animals their. fees lot more healthy than what we have in the big cities and supermarkets and so on it's all locally grown except say tea coffee and sugar. and i guess you could say the lifestyle is healthier except noisily drinking is the stereotype most of people do that is just as they haven't got much else to do. but when i say the people there are

a lot closer to each other and they've got close to close knit communities because they rely on each other a lot more than say in a bigger city. ok so you've described a more close to lifestyle family values and a going to great connection to where they're from how would you say that that helps people there to survive the greatest challenge that there is which is the ferocious russian winter and i so that's something which is current of all console russian culture in general. like the west where who are much more individualized take care take care of themselves so that people here in russia and especially in the russian villages have to have to look out for each other just because you can't rely on number one all the time. and if there's something which which you're lacking. with the material in terms of family care like child care and so on are the first people you'll turn to russia will be your family and your friends and neighbors and so on so absolutely essential and so

that's been a survival tactic in russia from the movement for the coming this time and ensuring the converse time differently so that song which continues in prevails today with a view there from someone outside russia seeing life in the russian verges and it seems that those close knit ties and strong family values are enough to get people through even the worst of the russian weather. time now for business have a date with you stay with us. hello

time to get the latest from the world of business russia's aluminum giant rules sol has rejected the sale of its stake in the back to the company nickel offered to buy resales twenty five percent stay for twelve billion dollars but the elenium company wanted the billion dollars more the offer was made to end the long lasting battle for control over the miners between its two main shareholders who sell and interrupts holding. and with a slow recovery in foreign investment russian banks have been helping business out this year they increased the volume of lending to nonfinancial enterprises by ten percent to around thirty six billion dollars the average interest rate for long term loans has declined to around eleven percent while a few months ago it was around fourteen russia's prime minister vladimir putin says that level needs to fall further to support new enterprises. and it's time to

take a look at how the markets are performing asian stocks are high on wednesday the bank saying is one and a half percent are chinese banks and properties shares are on the rise after recent losses anti-growth price is supporting energy producers that he is harvard percent higher although exporters are weighed by strong can and is falling hard said. in russian of the r.t.s. has slipped into negative territory at this hour and the my six is up point four percent in trade. russian stocks will see a positive start next year with high commodity price supporting the market that's according to mark rubenstein from i've seen metropole. in commodities we're seeing we continue to see strength in commodity prices and both in their. oil segment and then the middle segment and this is just another sort of indication

where are we heading for the next year which i think we're heading up this concluding days of the year or is this just a good time to sort of look at your positions and think of a strategy for the next year. russia is taking new steps to consolidate its power industry state controlled utility into raw is raising cash in order to buy up to fifteen billion dollars of assets the company has decided to place more than thirteen trillion in additional shares next year that's almost five times its current capital into raw aims to acquire the stakes in up to eighty companies a move a sponsor of the government's plan to consolidate russia's fermented power industry under one state controlled company in order to support the sector. the government just having another go at improving russia's notorious roads this time by increasing spending that's according to the head of russia's federal road agency.

leadership goods upon you to the. next year from the federal budget a total of around three billion dollars will be allocated for all the roads in the country that's an increase of over twenty percent from two thousand and ten which that's why we plan to increase the level and volume of road maintenance. that's all we have time for knowledge you and me in less than fifteen minutes for another business update.