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tv   [untitled]    December 29, 2010 5:00am-5:29am EST

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welcome to the fountain currents of big splash in the world of high tech business what turns advanced science into i.q. cheap products they don't understand how cute is this guy we follow russian innovators to easy majors abroad and their favorite through back home sunlight on store dollars consequently update here on. we've got the future covered.
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former russian tycoon me how to cough he waits to hear his sentence after he was found guilty of a bestselling oil and profits. and that's a look outside the courthouse in central moscow bring you all the latest details on this high profile case. cut the spending yes we need to cut spending u.s. senators call it in unison but as education and health care suffer major cuts the money flow to the military is nonstandard all. shady dealings surrounding moscow's x. may or bankers could end up in jail or laundering billions allegedly positive by why the capital's former top official.
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this is our new live from moscow a moscow court is to sentence former oil tycoon and once russia's richest man we'll have a cough skee are after convicting him of investment it's the second trial for how to cough schemas coming to the end of his previous jail term for tax evasion and fraud because outside the court where the reading out of the verdict has angered its third day. uhura's expects to hear the food verdict on the case of money laundering by his former business partner but on a visit 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
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so as for how much time it could possibly take to read it. after the first trial is to come the judge about to meet do you read the food verdict on the charges of tax evasion why you haven't got a book and what the maybe just right now michael is that it will be going towards charges being that he's going down the court concluded that medical skin blood on neighbors if 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 all oil extracting companies each was forced into a deal that was highly on profitable for them but extremely profitable for you can see their results thirty billion dollars worth of oil stolen by. through you can here's how it worked the oil was bought from the companies i don't know me no price
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set by ucas it was then sold at the same level to 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 crowd that of course can plots on leverage if they've used for money laundering of twenty seven billion u.s. dollars worth of oil russia has lashed out all. as a criticism coming from the international community owned this case saying that the charges that the two are being pressed 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 super situation a fear that a person could be facing a lifetime with reason and. those statements from the russian foreign ministry team to the united states have said that this trial is
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a serious damage to human 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 the traditional system of the russian or the royal. family at them through great poem detroit or on the couple. in his recent interview with head still believing russian t.v. channels the russian president has underscored that nobody has the roy beginning to fear with the ball 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 if that is what it takes to prove their point they're also
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planning. appeal 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 a major cuts the military budget continues to get rubber stamp approval john hoffa's finds out how unnecessary wars are for america or whether they are just an addiction. if there is one issue. hugh 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 budget. to stop. the country's
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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 in iraq two thousand and three. the united states spends nearly as much on military hardware fixtures and training as all other countries
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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 downtown that is dominated by its industrial complex. advertisements lined the metro. commercial showcase the. this 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 they were evolving door through which employees from the defense contracting enterprise one job to the government and likewise
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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 u.s. government has spent more than eighty billion dollars on intelligence this year and
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that's three times more than the last figure it disclosed twelve years ago john young founder of whistleblowing website cryptome dot org says the american government trains those who leaked the information so they can justify spending billions on intelligence. to actually teach young people how to run these streaming operations but you're from a shoot to test the system there is something called a team should be teams that do combat on the internet probably he was very hard hackers to do that in fact to favor employees now in such groups no one knows more of them more conspiracy theory than national security out of perot's conspiracy theories all the time but they put out the story that it's just a conspiracy theory as there were to people but if they're the ones who cooked up the threats that are for more complex than bush or that anything we ordinary people could ever cook up and they could billions to fight it. and if you watch the full interview in just over an hour's time here in r t still
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have for you the sour siberian military mind the russia closing scene takes you to the land of the cossacks to test the bravery of the martial man. and investigations 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 a ruptured power cables leaving the largest airport without electricity for hours at another hub ice a brown 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 and many people at both airports complained they weren't given enough food and water or hotel bad that they were promised.
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well the seven and a half billion dollars were regularly spent on construction in the capital these are the preliminary findings by russian government auditors and how state funds were used over the past two years when your a list up was still lost as mayor the president fired him in september citing a loss of trust but as reports alleged fraud involving x. mayor and his wife continues to come to light. why 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 golf 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 seemingly effective fraught the bank of moscow owned by a friend of which golf is accused of approving a whopping great loan to dummy company which then use the money to buy land from
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the mayor's wife who is here. to scam was carried out under the control of city hall and luzhkov personally in three months the 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 board learn from but soon are covered debts bankers across the world are committing suicide the eggs man's wife came out squeaky clean. on closer inspection and to peers 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
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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 we'll ask him how good mosque of ice 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. 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
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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. to. know that these allegations are out in the open experts believe those in charge will be forced to pick up the tap. or 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
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pressure r t moscow. and all our stories and much more always available on our website which is r t dot com 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 theme parks to get their points across. and hundreds of people in southern russia thought they were about to welcome visitors from another world as they spotted a u.f.o. in the sky a more down to earth explanation had to r.t. dot com. all twelve people on board a military cargo plane were killed when it crashed in central russia ton of 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 is take a look at some other stories from around the world and west african leaders have
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made a direct appeal to persuade ivory coast president laurent gbagbo to quit the war and he faces military action if he does not pass power to tar whom the united nations recognizes as the winner of last month's election more than one hundred seventy people have been killed in towns of thousands been displaced due to violence following last month's disputed ballots. 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 as 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 a severe blizzard caused thousands of flights to be cancelled services have now
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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. the russia close up team continues his journey exploring more of the country taking us to sweden in southwestern siberia. and allies more than two thousand kilometers from moscow the region has a continental quiet little cold snowy winters and hard drive summers the main city arms is the administrative center for siberia cassocks who settled there in the sixteenth century tom barton explores the military might of the marshall people accepting 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 frontier both people
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with the cossacks and it's their strong and self-sufficient local culture that 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. much and i'm glad to see media they start teaching us friday when we turn servant into trickle at the age of thirteen the billion chance abilities are not 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 that's got to be on our to arm and the others have a demanding daily schedule and horse riding is the glamorous part the youngsters in the village built this gym themselves another training in it will have a lot to do to prove themselves as hunters and horsemen with training communally fosters a team spirit to fill in the cossacks society. a team
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spirit necessary for the cossacks noblest pursuit hunting on the sharp end the beloved fast russian dog the bars bred to perfection over centuries and not for any ordinary prey. but they were selected for this 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 course village. it'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 restrictive be likely to be 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 in a war after the day's outdoor training we caught up with our atom man at the
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evening meal where he tells us about the 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
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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 some peers were before. the vote in the u.k. i force a small town in the north of england so i'm used to the small town life i also been to the villages around on the spin in the region people there are much more down to earth they're tied to the land a lot of them have a lot. 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 closely the drinking is the stereotype also people do that it just as they haven't got much else to do. but i say the people there are a lot closer to each other and they got close to that close knit communities because they rely on each other a lot more than say in
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a bigger city. ok so you've described a more close to lifestyle family values and a great connection to where they're wrong how would you say that that helps people there to survive the greatest challenge that there is which is the ferocious russian winter i had so that's something which is cause of your console russian culture in general. like the west where you 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 your liking for the would be material or 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 songs so absolutely essential and so that's been a survival tactic in russia from the move for the coming this time and during the
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converse time 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. we have today bad time for the business news with helium. that's right time to get the latest from the world of business a very warm welcome russia's medium giant rosol has rejected the sale of its stake and nickel back to the company now is to nickel offer to buy a twenty five percent stake for twelve billion dollars purcell says it will keep the stake because it is a strategic asset home with edmee that reports say will solve was not satisfied for
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the price the offer of a slate to end the long lasting battle for control over the mining between its two main shareholders for sale and interest mikel has finally satisfied resells demand for extraordinary general meeting to take place on march the eleventh. but some markets were a boil as they were nickels offer of thirteen billion dollars fully complies with the market price of the share and i want to stress once again that the company is ready for negotiation and we are ready to continue the talks in the price. the world's leading drinks make up perhaps a co gets the green light from russian authorities in his bid for the country's juice and dairy giant. pepsi co's largest international deal involves paying three point eight billion dollars for a six to six percent stake prime minister as my portion of the company's investment plan forced spending over one billion dollars and windell down in the coming five years the approval names have to go rests believed in russian market from this
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rival coca-cola which had earlier which just may could lead. straight to acknowledge a corporation wants nano how successful is sold to the first issuance of its warned once on russia's my sixth in the move to raise over a billion dollars to produce c.e.o. of the company i live suit off says that despite the long maturity period of seven hears and large total total amount all the state secured boards were successfully traded bias for the securities russian institutional investors and large banks the issue of the board to help us now to diversify its funds used to invest in nano technology portraits. and a quick look at the markets european stocks are higher on wednesday tracking in session asia the footsie opened for the first time since christmas eve bandits trading flat while stocks gained on high current prices shares of france's total
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gave one percent and royal dutch shell advanced one and a half percent and another bright support was gold mine around gold resources which will stop four point four percent in london. and here in russia the mice of the markets a mixed r.t.s. has slipped into negative territory after early against the my six is up around half percent. now its chemical has jumped almost three percent on reports the company's buying around twelve million of its shares from the market after votes for maine's the top loser after the comma. has announced it's suspending its activity when you get holidays and once price increases or larger costs. russia is taking new steps to consolidate its power industry in state controlled to two to interact 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
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acquire the stakes in up to eighty companies the move is part of the government's plan to consolidate russia's fragmented power industry under one state controlled company in order to support the sector. that was the business years from now we're joining me here for more news in less than fifteen minutes time.

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