former russian tycoon mikhail how to craft a way to sentence after he was found guilty of stealing oil and laundering profits . on the day long ago outside the courthouse in central moscow bringing you all the way these details on this high profile case. we need to cut the spending yes we need to cut spending not of course in the u.s. senate but as education health care suffer a major cuts war funding remains immune. shady dealings the bank of moscow suspected of laundering billions allegedly pocketed by the ex mayor's wife and. you should know the government makes more information all the russians put together for their own purpose which africa says are two weekly speaks out on how whistleblower web sites really get their information. and your vehicle shares jumped almost four

percent on buyback announcement more in business in twenty minutes. watching ninety coming to you live from moscow i'm marina josh welcome to the program a moscow court is to sentence former oil tycoon and once russia's richest man who held her coffee after convicting him of investment it's a second trial for a lot of kosky who's coming to the end of his previous jail term for tax evasion and fraud is that how you know it was outside the court where the 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 came as 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 you do the math as for how much time it's good course it would take to read it after the first trial it took the judge about june weeks do you read the food verdict on the charges of tax evasion while you have it out of course and. right now that it was for will explain what charges that you are being accused of this time the court concluded that medical scam plot only bits of planned and carried out a complicated scheme of embezzling oil and money through dealings with three smaller subsidiaries of ucas some modern you 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 that. through you can here's how it worked the oil was bought from the companies i don't know me low price said by ucas it was then so at the same level two offshore trading companies secretly owned by could that skin a bit 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 crowds out of scam plots on leverage of the use of for money laundering of twenty seven billion us dollars worth of oil russia has . lashed out over 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 that would have had serious consequences

everywhere in the world and in the united states of similar suit the situation of fear itself that 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 human rights involved and in germany has also said that it is a step away from would know is ation but motion 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 the british rule system of the russian federation. and the at them too good a poem to croyle or on the couple. in his recent interview with good parents will go to the russian t.v. channels the russian president has on this tour but nobody has the roy

getting to feel with the forwards 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. a deal to the russian president. and the u.s. federal debt 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 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 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 it's projected to hit twenty trillion by the end of the coming decade we're not going to cut the budget and have. to start. 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 ninety 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 in 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 line the metro. commercials showcase the latest high. where. 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 in 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 us government have spent more than eighty billion dollars on intelligence this year and that's three times more than the last figure disclosed twelve years ago john young founder of whistle blowing web site crypt dot org says the american government trains those who believe they were mation so they can justify spending billions on intelligence. schools to train people like bradley manning and doing just that on the internet at fort huachuca this is one of the training so publishers that we publish. people how to run the streaming operations but to be. you know from a ship to test the system build something called a team to beat teams that do combat on the internet probably very hard hackers to do that terrorism factor a favor or use no such groups no one knows more more conspiracy theory than national security out of bravo's conspiracy theories all the time but they put out

the story that is just conspiracy theory as always good to go but in fact they're the ones who cook up the threads that are for more complex than bush or that anything we ordinary people could ever cook up and they get billions to fight it. and you can watch the full interview in around twenty minutes time here on our t.v. and still have for you the sour siberian military might the russian close a team takes two to the land of the cossacks to test the bravery of the marshall man. and the 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 flight freezing rain ruptured power cables leaving the largest airport damage yet or without electricity for hours at another hot iced up

wrong ways meant many planes couldn't take off frustrated passengers who said they had received no information about their flights reportedly try to break through passport control many people of both airports complained they weren't given enough 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 and these are the preliminary findings by russian government auditors on how state funds were used over the past two years when you were little cough was still moscow's mayor president fired him in september citing a loss of trust but as a cause you know cho reports alleged fraud involving acts 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 in the buckboard 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 but simming really effective fraught the bank of moscow owned by a friend of which golf is accused of approving a whopping great loan dummy company which then use the money to buy land from the mayor's wife was here membership in the 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 its account to 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 all her debts while bankers across the world were

committing suicide the eggs man's wife came out squeaky clean. on closer inspection and to piers 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 alleged scam mosque of ice they say the shady 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. 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 paths 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 someone who gets all the work contracts and tenders who has always won until recently as the mirror 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. now that these allegations are out in the open experts believe those in charge will be forced to pick up the tap. 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 to friend those in charge it will be easy there's a loan agreement in place. so the consequences of laskowski controversial time as mayor are still being felt and it could be that it's small time bank workers that will be paying the price of alleged big time corruption exhibit pressure of r r t moscow. all our stories and much more are always available on our website r.t. dot com and here's a taste of what's online right now. why tourists are the latest weapons being engaged by israel in lebanon as the bitter rivals launch a competing war zone seemed parts to get their points across. and hundreds of people in southern russia thought they were about to welcome visitors from another world is the spot of the q a phone in the sky for more down to earth explanation dot com. and all twelve people who aboard

a military cargo plane were killed when a crash in central russia 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. now it's a good look at some other stories from around the world and west african leaders have made a direct appeal to persuade ivory coast president laurent gbagbo to quit they warned he faces military action if he does not pass power tara whom the united nations recognizes as a winner of last month's election more than one hundred seventy people have been killed and tens of thousands been displaced due to violence following last month's disputed ballots. and severe flooding continues to cause massive chaos across northeastern australia 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 is predicted over the next few days. airline schedules on the northeastern coast of america are struggling to return to normal after severe was or it's caused thousands of flights to be cancelled 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. now the rush closer team continues its journey exploring more of the country taking us to the screen in southwestern siberia. it lies more than two thousand kilometers from moscow and the region has

a continental climate with cold snowy winters and hot dry summers the main city arms is the administrative center for said beer and casodex who settled there in the sixteenth century tom barton explores the military might of the marshall people except in soviet times. on the frontier. russia required people to come here and build it from scratch and then to defend. 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 fear 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. and i. see media they start teaching us riding when we turn servant and to trick ride 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 that i can handle a spear and a saber let's go 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 that bred to perfection over centuries and not for any ordinary prey. but they were selected for their speed and anger because they must be able to get the better of a wolf. with gauri is master not just of his hounds but of this whole cost 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. although he prefers the larger prey will always more recently 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 the ring and after the day's outdoor training we caught up with our ottoman at the evening meal where he tells us about their history the cossacks originally came from lands 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're 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 our

self-sufficient way of life especially when it comes to resisting the bad habits of the 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 jud 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 of. well i'd say the obs is quite a lot more provincial than. before. a vote in the u.k. i'm from. it's a small town in the north of england so i'm used to the small town life i've also been to villages around on the skin in the region people there are 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 food 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 got close to a close knit community 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 kind of 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 song 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 by 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 your liking where the road be 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 it's absolutely essential and so that's been a survival type tactic in russia from the move for the communist time and during the conversation definitely so that song which continues in prevails today. 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. well that brings us up to date here in arent a time now for the business news with you.

that's trying time for a visit saab date welcome to the program russia's other medium giant roussel has rejected the sale of its stake and nickel back to the company. offered to buy twenty five percent stake for twelve billion dollars who saw points it is not going to sell the stake as the company considers it a strategic asset whether major faults a result was not satisfied with the price they were for his mate two and the long lasting battle for control over mine and between its two main shareholders will sell and interests from being. the world's leading drinks make up pepsico gets the green light from russian authorities in its bit for the country's juice and dairy giant them both pepsi co's largest international doing balls paying three point eight billion dollars for a six to six percent stake prime minister which ansel's the company's investment

plan in full spending over one billion dollars and window down in the coming five years purple means pepsico breasts in the russian market from this rival coca-cola which had earlier report just may could be done. so it's time to take a look at hall the market's not performing asian stocks are high on wednesday the hike scientists want to help sent up chinese banks on top of the shares on the rise off to recent losses and high crude fries is supporting energy producers make a hotter percent high although exporters are weighed by strong again canon is falling hard to send. us your opinion markets are high early on wednesday tracking an upbeat session in asia at the foot so we're open for the first time since christmas eve and is trading flat well stocks gained on high crude prices shares of france's total gain one percent and world dutch shell advanced one point food sent another bright support was gold mine to run gold resources which. four and

a half percent in london. and in russia the r.t.s. has slipped into negative territory at this hour my success is up twenty four percent and it trades nickel has jumped almost four percent on of course the company's buying back almost twelve million of its shares from the market at the price of two hundred fifty two dollars in order to increase capitalization. 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 are 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 of where we heading early next year which i think we're heading up this concluding days of the year is there's just a good time to sort of look at your positions and think our strategy for the next

year and russia is taking new steps to consolidate its power industry state controlled utility rai 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 additional shares next year that's almost five times its current capital into raw aims to acquire the stakes in up to eighty companies they move as part of the government's plan to consolidate russia's fragmented power industry on to one state controlled company in order to support the sector. the government is having another go it to improving russia's notorious roads this time by increasing spending that's according to the head of russia's federal road agency must leave the ship 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.