in the czech republic he is available in a hotel as science central hotel premier and most will start. him a taste in bosnia and herzegovina available in. the children of each. hotel

. tons. in serbia multis available in. regency. easier by sentenced to fourteen years imprisonment. the sentence for russia's most famous prison. for oil tycoon convicted of money laundering and investment is to spend six more years in. europe's wary of the threat of islamic extremism with the recent arrests over a suspect. along with other incidents fueling the problem. you shall. song desperate measures to confront consumerism us

as the country's financial troubles don't seem to have cured america's credit card . news twenty four seven this is. him and his business partner sentenced to fourteen years in prison for all investment. money laundering both men were coming to the end of the previous. ruled. out of an hour joins us live outside the courthouse here in moscow. so they've been sentenced to thirteen years bring us bring us up to date. was a very a long process a much awaited decision of course ever since the reading of the verdict began on monday everybody was guessing exactly when the most interesting after the guilty

verdict of course part of the verdict the exact amount of prison time that could and his former colleagues will receive exactly when that will be announced many were guessing that the verdict could take as long as two weeks to read of course how long the previous verdict took and many were saying that the reading of the verdict could go on into january but it was today in the evening that the judge finally came to the part about the sentence. we're going to do. is here by sentenced to fourteen years imprisonment a lengthy sentence will be served in a correctional colony in the general system through the villages he's repeatedly because they need. so fourteen years in prison for them and. the catch here of course is that the prosecution and the judge both said that that jail time will be counted starting with the a nischelle trial which began in two

thousand and three so. each service six more years in prison getting out in twenty seventeen. and truong. they were initially arrested in two thousand and three if you will just take us back let's let's get some history on this remind me about the details of the case of two thousand and three. originally rory as he said with his former business colleagues. were detained in two thousand and three later. thousand and three when the first trial began they were found guilty of. tax fraud and embezzlement in two thousand and five and sentenced to nine years in prison each that sentence was later we do use to eight years and that term was almost one prosecutor's second charges against the two men this time concerning a theft of over twenty billion dollars worth of oil and a money laundering of the proceeds now the judge had found the evidence presented

by the prosecutors sufficient enough to find the man guilty and sentence them to give giving the prosecutors their wish the prosecutors originally asked for fourteen years in prison for the two men the judge found the arguments presented by the prosecution sufficient enough to dismiss the witness statements made on behalf of the defendants and sentenced the two men to fourteen years each. to use their reporting live from outside the courthouse and giving us the latest breaking news information thanks thanks very much. the editor in chief of business new europe he has interviewed you several times and he says there's a tendency in the western media to portray him as a martyr but no one remembers what he did back in the ninety's. you could have the reputation of holocaust of being the worst corporate governance abuser in russia and the game was transfer pricing and i was a shareholders' meeting where one of the production subsidiaries voted. to anomaly

independent trader for one dollar twenty five a barrel and this was a time when the price of oil was already thirty two others and of course all that money accumulated into offshore havens and the tax man here didn't see it the workers didn't see it there seems to be a collective amnesia it's how he was in the ninety's i mean there were full page adverse to crying his corporate governance abuses there were editorials in the new york times the washington post to writing him as the most abusive of all the oligarchs and yet when people report about the case today none of his mentions it's if he's like some victim of the kremlin some innocent. banaras editor in chief of the business new europe we spoke to him just a short while ago. three men arrested for planning dead marks most serious gun attack have been charged over a terror plot danish police released one of five suspects and another one is to face hearings in sweden the suspects allegedly planned an attack on the office of

a newspaper in copenhagen which printed cartoons of the prophet mohammed about five years ago the drawings that sparked outrage among muslims across the world officials say those arrested intended to kill as many people as possible in the newspapers in newsroom it's the latest in a series of arrests throughout the year which have put european nations on high alert over the spread of islamic radicalism you've got this kind of reports. over a year of investigations and a massive police raid in the end brought results twenty six people have been arrested in belgium germany and the netherlands belgium dutch moroccans and chechens all are suspected of recruiting so-called jihadist candidates and financing terrorist organizations right from the heartland of europe police mission a success absolutely but is the battle over this is a race that it's just a visible part of the iceberg it's huge there is

a whole machine behind this we do on a ruse was born in belgium in a family of christians and converted to islam when he was lente he says he did it on his own will because it simply provided the answers he couldn't find in other religions according to him islam teaches peace and tolerance but unfortunately due to generally poor knowledge about it it can be used to teach the exact opposite. there are really extreme arms acting in europe and the problem is people who don't . understand the muslim philosophy they end up in the arms of busy moms who come from saudi arabia egypt a former french intelligence officer claude when he can now has a company advising governments and corporations on health to deal with terrorism and extremism related threats based in brussels he claims the spread of islamic extremism is happening right in front of the authorities veiled from their attention by its privacy they will say you are not a good missed him because you don't know his fight times the price five times

a day you are not a good miss him because you are drinking you are not a good muslim because your life is not very. good missed him because you don't do nothing for you. in palestine in iraq and so on which oppressed and killed it begins in the families it begins in the industry and in the mosque this is one of the immigrant quarters of brussels. signs in arabic special. shops and cafes teleport to believe we are in the portland top european union official around a quarter of the local active working age population from eighteen to thirty is unemployed unofficial this figure is even a fire which makes it prime ground for recruitment. the lack of education about a little work in many european muslim communities seem to have become the driving force behind the spread of extremist belgium's early to towards asylum or among the most to be left in the european union the flow of newcomers is likely to continue

and many experts believe. it is need to hope muslims integrate into a multicultural society the extremism threat will remain no matter how many arrests or me you've got this kind of brussels. and for more insight on the spread of islamic radicalism in europe we can now talk to danish journalist and writer elmer thave bricks hello so the latest arrests and those we saw in europe this year are they all just part of one chain linked to international terror because in the story we just aired there was one muslim man saying that what we're seeing is simply the tip of the iceberg at this point i think you might be very right about that whether these groups sort of linked to each other whether they are linked. you could say it is part of a global jihad and once again of course it's the mohammed. is the trick and now you editor in chief of one of denmark's most outspoken magazines about the

freedom of speech and radical islam what are the roots of this radicalism in europe tell me what's gone wrong here. i think what has gone terribly wrong is simply that very many politicians underestimate the influence of radical preachers that might be treated from one of the previous speakers speaking in mosques all over europe or in campuses at the universities or of course spreading the message it's on the internet and when you have radical preachers doing this and not sort of put fissions being aware of it then you have the situation that you have today ok so you talk about these radical preachers that are essentially preaching islamic radicalism or tell me how do we stop it. i think that you have to be much more firm about sort of for instance preachers are being allowed to speak hateful messages should you really be allowed to visit for instance campuses

spitting saying things awful things about jews about gays about whatever should you be allowed to do this challenge or should sort of be a robust answer to it now some people say that the european policy of multiculturalism has simply failed if you think it's really come to that. yes i think you can count me among these people also because what we really want in europe and what many people i think imagine when they speak about multicultural is that you want to preserve the freedom of speech we have in europe the freedom of religion the for listing societies where you sort of are open to new comers but you have to have sort of a main culture of sort of in the culture where you talk about the freedom of speech and the freedom of religion here but is it an issue of assimilation should or should foreigners simply say ok well we we respect your freedom of speech and religion but we should be assimilated into the society we move to. yes i mean if i

were to immigrate somewhere i would sort of fit that to the rule so if you move into europe i mean it's very important that you accept the european civilization and one of the cornerstone of stone to this civilization is certainly the freedom of speech all right journalist and author of bricks thank you. more on that and you have a story you can always log on to our website that's our dot com and here is what else you can also find online right now. nuclear disaster sites are being opened up to tora since i both already say it no longer poses a radioactive threat we show you the safest way to see it. and wiki leaks was not the first to leak secret diplomatic cables cryptome all publishing classified documents long before you talk to the website's co-founder john young about online why this interview is an r.t. dot com.

well with winter holiday season in full swing it's buying presents that's occupying most russians but for many in the u.s. shopping is an old season addiction which thrives despite the faltering economy. but one man who's fighting what he believes has become a religion. true. you should. stop. her. what styles and new must have items of the fashion world changes fast as the seasons but one thing that never goes out of style in the us is

shopping america is the birthplace of modern consumerism nowhere else in the world do people buy more than here with officially more shopping malls in the us than high schools if i didn't spend enough money on sunglasses i could probably save for college and things like bad very few actually admit to an addiction is a dora does in that. province wait twenty five things we do daily need for a new dose of jackets sweaters and skirts she considers herself a shopaholic how many pairs of shoes do you have. so hundreds the urge to possess has taken over men to statistics eight men and women compulsively shop equally in the us nowadays i'm actually excited about spencer runs during the last couple of years i've spent i think

a one hundred thousand dollars on clothes while these numbers are simply unimaginable for millions of americans only a few are putting up a very loud fight against consumerism. reverend billy says a credit card exorcism on the entire nation is what can cure america fifteen million americans are addicted to shopping but many more americans than fifteen million shop too much state she has me life mission is to cheese so we. see this shopping devil by putting an act in churches and shopping malls around the country because across the purpose of the exaggerations is to make americans see their flaws use of the splash trick. too much money consumer consumer. it's a church it controls us it's a fundamentalist church like the roman catholic church in the fourteen hundreds these desperate times normally except my credit card limit every mom could be

calling for desperate measures like spells and exorcisms the things that glitter in the windows all that appeal to you since more often than not in the us legally the majority of people have too much month left at the end of the money the average american is said to generate over fifty tons of garbage by the time they are a senior with millions buzzing around new york stores this holiday season and it's hard to tell who is doing it responsibly and who is completely out of control because of shopping not considered a mental disorder there are dozens of there are people and clinics in the big apple for those who are willing to admit they have a problem an indication of no lessons learned even after the big crash of a recession and stacy sure can i see. despite the holiday shopping buzz it seems that us is storing up huge financial problems to find out why tune in to the cause report better today but here is a quick preview. why the united states of america is broke tell

me tell me oh great one well it turns out that one of the major reasons why the us is broke is you'll be shocked to hear this military spending. seven hundred billion dollars in two thousand and nine was spent on the military you have to actually double it if you are going to count the real cost of the military including the wars you know the war profiteering industry mimics wall street they are generated by the this not by free but by the dumb america is a great global imperial fee dharm they go into countries blow it up for the fees that they pay the military contractors and hardware providers of the software providers to go commit genocide in various countries for a fee. he

is coming to you live from moscow now south korea has ramped up the rhetoric against its northern neighbor officially labeling it an enemy it comes as tensions in the region remain high following north korea's shelling of an island in response to war games on its border for more on this we're now joined by lina petrify lecturer in korean studies at the university of sydney good to see you so talk about a ramping up of rhetoric here it's been years that the south would call the north as an enemy is this really a smart move considering the recent tensions in depends from what side you look at the from north korean side it's a very provocative hostile step from career which. is supplementing it's. not just rhetoric but also military. logistical preparations for the invasion of north korea looks at the earth but for solve koreans it's just to return to the original stance of the hostile to communist very heavy hand the

very sort of. relations with north korea no concessions no cooperation no talks. for the south koreans it's rather just a return to the original state of forestalled. when you talk about the talks that the south has recently called for once again the reuniting of six party talks about the north's nuclear intentions but it appears the south of the moment is doing everything it can to make sure those talks might fail why would such an agenda be the case it is very confusing because for the last six months or probably nine months already since the sinking of china on corporate in the western city of korea south korea simply refused to talk to the north. tried to or abstain from any negotiations military. commercial parade any kind of negotiations but just twenty four hours ago there's a new development yes that can be looked at as a smart move in the pen and a new kind of try to change the pace of these bilateral game see saw winter korean

relations says it is very unstable when you talk about the seesaw between between what would essentially brother states here and souls a research proposal to unify the peninsula and that would cause massive change in north korea would it have to be militarily in gauge change or perhaps an economically change or base change well south korea expects north korea to change north korea does not want to change north korea's prepared is doing everything possible to avoid this change because it simply cannot sustain any economic or political change so resides on the other for a north korean regime it's a survival south korea is doing everything possible to destabilize the situation either militarily or using to provide the traditional usual for this time trying policy they can use on truck about destabilizing the region the south has been staging these nonstop military war games i think approximately forty nine times this year alone what's the logic behind this well south korea is

a security ally of the united states and united states is presence in the region united states really wants to influence its control over the group in utah united states our station for this station in the sky. and part of the korean peninsula these what irritates north korea tremendously sort of feels threatened intimidated cornered. this very fact actually creates the paranoia from the north korean side and north korea has to spend more and more resources on its security and the south korea but they were in the south korea's doing easy aimed at counterbalancing the north korea's game so to zero sum game which is containing from the time of or cold warriors are now in running very long time here but when you talk about america having a military presence in seoul in the surrounding area in south korea there what is what's america's stake apart from having a military base there why would america be there essentially riling up tensions between north and south korea what is a what's washington's agenda here china's next door from the korean peninsula and

of course if the united states loses control or influence over korea korean peninsula north korea if so unified korea becomes a new dependent state so it's an interest of the united states' national interests might be jeopardized so will be chinese korean fighters and the republic of korea because remains the strategic ally of washington so china is paranoid so i think that's the game is continues and it's coming back from the cold war era and the only solution to it is just to keep career independent northern alliance non-nuclear fascinating inside its reflect your in korean studies at the university of sydney thank you very much my pleasure. well now for a brief look at the other major headlines from around the world this hour the president. has been convicted of rape and could go to jail a three judge panel labeled his defense as quote riddled with lies but has not yet sentenced him women's rights groups have long complained that israeli authorities

shrugged off sexual harassment workplace rules and they welcomed the verdict he was found guilty of raping an employee is tourism minister in the ninety's and other sexual offenses when head of state between two thousand and two thousand and seven . days over to enjoy rain have left eastern australia facing its worst flooding in decades thousands of people have been evacuated from affected areas but many remote communities remain cut off by high water as the government has declared much of the northeast a disaster zone and a ploy to assist with rescue efforts meteorologists warn that even though the rains have eased off runoff from high areas we're still. the u.s. has revoked the visa of the venezuelan ambassador to washington it's in response to president hugo chavez rejection of america's choice of envoy to caracas the republic was blocked after the american diplomat accused close ties with leftist

colombian rebels tensions between sharpeners and washington the venezuelan leader also challenged obama's administration to cut all diplomatic relations and time now for the business update with charlotte. hello welcome to business program with me. russia's prime minister's confident no no gas wall between the state and gas. and its counterparts energy expects demand for gas to increase next year with a market price to stay at this year's high. we don't expect the demand for gas to fall next year on the contrary we think it will increase as for the gas contracts the price of gas probably contract is defined by a formula connected to the price of oil products regarding the spot price the extra supply we saw recently is now fading we think that next year the spot price of gas

will be quite high. consumer prices in russia have risen eight point seven percent this year since the beginning of january a slightly higher than official forecast but still the lowest level of inflation in the country's history buckwheat and wheat prices rose off the summer drought and potato and cabbage prizes have jumped almost six percent in the last week. so news in brief for you now russia's international reserves declined by almost two billion dollars in one week the central bank says they're now equal to around four hundred seventy billion dollars which is still almost eight percent higher than in january international reserves comprised of foreign currencies gold and other assets. time see how the markets are performing down here in russia they're trading flat before the last day of this year's trading wasn't after the among the worst performers in the r.t.s. down more than half the sun. and over in europe stock markets have lost their grip

on early gains in the last day trading this year marked by low volumes weighing on the stocks of weak session for asia despite berman leaps newark. new jersey and construction sectors with the most interesting for investors on the russian stock market next year that's according to. capital. those are sectors. which what might see some protestation so there are some seaport is that isn't one of the interesting stories. obviously the utility sector is continuous restructuring process with the territory being around for next year and to develop the position of not only for grids but also for suppliers that's also a very positive development in terms of moving to market prices so i think utility sector is still very attractive despite the positive form source here and obviously sectors that want to be of interest are construction and metals russia's consumer

sector has seen fifteen billion dollars worth of merger and acquisition deals this year at almost a new tape this is that's three times higher than in two thousand the noid most of the growth was driven by several big deals including pepsi co's purchase of russia's dairy producer symbol down on the merger of uni wilkin down on the list say russia is attracted to foreign investors as the country's enterprises are relatively cheap after the crisis is over they expect the value of russian stocks to grow significantly next year. and i show up for this hour you can always find more stories on our website r.t. dot com slash business.