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tv   [untitled]    January 15, 2011 2:00am-2:30am EST

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issues get a human voice ceased to face with the news makers. russia and the u.k. team up as well john p. swaps dogs in a multibillion dollar deal to explore the untapped natural reserves of the arctic. federal employees of the heart of the u.s. capital live to highlight new figures show they're taking home double the money of your colleagues in the private sector struggling to make ends meet across the prices rich country. and schools in india and run kashmir choose education over separatists in defiance of violent warnings to cancel classes. from moscow ten am here on marina joshie welcome to the program now till the largest oil companies in the world russia's ross nafta and british petroleum are
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joining forces and they have sealed a stock swap and agreed to extract the untapped riches of the arctic sea bed together the deal said to be worth billions of dollars and is being endorsed by both governments are reports from london. rosneft and b.p. are calling this deal a groundbreaking strategic global alliance it's the first major partnership between a national and international oil company when the deal is completed will own five percent of b.p. says valued at nearly eight billion dollars and b.p. will own almost eleven percent of. prime minister putin says the russian government is behind the deal but. i would like to let you know that the government of the russian federation supports this joint operation this is a project that could become global and have a significant influence on the world's oil and gas industry russian's arctic reserves are estimated to be five billion tons of oil and ten trillion cubic meters
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of gas such a project may require tens of billions of dollars of investment and state of the art technology and we are fully aware of the risks and. together the two companies are going to explore and develop three areas on the russian arctic self the out it's a massive resource still though as yet unproven rosneft already owns the license for the field which cover around one hundred twenty five thousand square kilometers r.t. spoke exclusively to deputy prime minister following the signing of the deal. is working on a new strategy aimed at transforming the company into an international energy holder or deal with b.p. is of course part of the strategy they've gained a great deal of experience including the gulf of mexico oil spill cleanup operation b.p. has learned from this experience and our joint venture will be carried out with the greatest level of measures aimed at protecting the environment we've been working
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with b.p. for many years they're competent and have strong experience of russian companies arguably a deal with rosneft improves the energy security and it also puts b.p. on a firm of financial footing following last year's massive oil. in the gulf of mexico but the question on everyone's lips is whether b.p. will partner with the developing the textile following that huge environmental disaster but b.p.'s c.e.o. bob dudley says the company learns a lot from that and they're ready to move into the delicate environment b.p. has been working with ross now for twelve years now and we've been working on the arctic for since two thousand and five was working with cycling you know our capabilities our exploration capabilities and i think to be honest we learned a lot about what happened in the gulf of mexico shaken the company to the core we're going to renewed focus on safety and risk management and the technology that's new for the environmental care what we do the deal is a two way street the russian governments probably say creates
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a favorable economic environment meanwhile b.p. hopes it will improve russia's investment climate where i am reporting there now experts are calling the deal a huge boost for both companies and countries international trade consultant philip billion says b.p. has plenty riding on russian potential. b.p. has invested so much in russia they cannot step away. and russia still needs the expertise of western oil companies and it's mutual interest and it's interesting because you know they have to sell a lot of. spill in the gulf of mexico to put money aside for the recovery from well they are saving their money for russia other than selling this thing and they're investing more so it means that b.p. is there for the long term the potential of russia is so huge if it's not them it's going to be somebody else so it's really a question of gets in first and they were world position he put aside their
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difficulties from the past and decide to move forward. and if you have more of the story in our business bulletin later in the program here on our team before that government workers in washington are taking hold on average double the wages of their private sector colleagues according to the newly revised u.s. census meaning the very people in charge of getting the nation out of its financial hole are living the high life. looks at whether they're really working twice as hard. across the united states unemployment lines and lines at food pantries and homeless shelters has marked what's been called one of the worst recessions in u.s. history but there is one special place that remains untouched welcome to washington d.c. the city full of power players pundits and politicians outpace nearly every other city in the country when it came to job growth this past year one thing is sure about this recession is that the public sector employees have been relatively
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sheltered compared to the private sector so just how well are federal employees doing according to the latest census numbers the average federal employee made a whopping one hundred twenty three thousand dollars last year in compensation and benefits a private sector employee cashed in that almost half that sixty one thousand dollars public employees i mean is are a powerful you know voter base for pro-government dish and so of course they're they're very unlikely to go after them wait a second wasn't on wall street that you saw greedy fat cats sucking away america's cash at the expense of everyone else remember what president obama said about those guys i did not run for office to be helping out a bunch of your fat cat bankers on wall street while politicians in the media seemed obsessive lee focused on the lavish payouts on wall street who knew that at the peak of the recession last year federal workers in washington got an average
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raise of four percent more than double the national average they have more vacation they have job security lots of things that the private sector doesn't have in the first year and a half of the recession private sector jobs shrank by almost seven percent however here in washington federal civilian employment glu by almost ten percent the divide between washington and the rest of america is even more evident if you take a ride to the spry. following suburbs just outside the city home to d.c.'s influential lobbyists and lawyers with those the potomac fairfax virginia if there is one man who knows the montra location location location it's eric stewart one of d.c.'s luxury realtors seven and a half million dollar homes over ten thousand square feet it's in one of the best locations in all of potomac feeds a great school district very desirable for the average american upscale consumer stewart isn't worried about sales we're sucking jobs into the washington d.c.
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area which is causing prices to actually have stability and it's not just stylish digs that d.c. is fat cats can afford. this upscale restaurant in georgetown the reservation list for a weekday dinner is fall it's called at least the right side of the same table mrs clinton you know who is now secretary of state came many times just a lot of people come from the hill and big big law firms while one in seven americans rely on food stamps at me shelvey shard citron now an average couple isn't shy to shell out what most couples make in a month on a meal or the tax and intemperance of a six hundred dollars range or whatever it may be and some nights we do as many as forty fifty. and people love it at a time when most are struggling to survive it seems like the lucky in washington are living it up preassure there are t. washington d.c. . and away are here in our t.v. and we'll show you how one inventive russian is rewriting the rules of winter
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travel. and this fine skater can spice up the cold season for you with speeds of up to one hundred fifty kilometers per hour through land i snow and even ma. and a russian journalist to add a white house briefing has caused something of a media stir with a question some have compared to the cold war rhetoric of old after offering his condolences over last week's arizona shooting rampage andris it off asked if the spree was an inevitable byproduct of american style freedom press secretary robert gibbs responded firmly as our actions of the gun man were totally on american saying the nation's values never allow for violence the gunman is in custody after opening fire at a political rally at a song grocery store last saturday six people were killed and thirteen more injured including representative gabrielle giffords under a souped up told r.t.
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he thinks the u.s. is oversensitive when foreigners dared to question its domestic policies. after the briefing i was approached by a number of people and they talked to me very professionally. i would say in some instances even sympathetically they definitely knew where i was coming from and i was coming from the simple desire for me to comes to have a discussion of this that is pretty sensitive and that would help prevent such incidents in the future what i was surprised to find in the blogs. and that's from the white house press corps the menu of them at this. point of the cold war i think this is a that if that was definitely misplaced it looks like there is a double standard here an american journalist in mosco was asking about the internal politics of. the defender of human rights and democracy and if russian journalist in washington d.c. shows up on
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a sensitive subject of internal politics here then he has some call and then you have the american people. and russian scientists will reportedly not be taking up the invitation to tour iran's nuclear facilities it follows the insistence of russia's foreign minister sergey lavrov that such visits shouldn't be substituted for official u.n. inspections erotic standing by to representatives from the e.u. china and other members of the un's nuclear watchdog not the u.s. western powers say the offer was an attempt to divide there is international concern over iran's nuclear ambitions but to iran insist its program is peaceful and the offer was merely a goodwill gesture but experts believe any such attempts are doomed to failure. from ever there has been a start in negotiations or talks or whatever and didn't have a verdict out certainly there may be some people who thought that they could create a fish or or rift but. never managed to really break up.
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p. five plus one formula. the behavior of russia and china just shows once again that it doesn't work i think it's half expected such and such a reaction however the iranians wanted to show two things to their own domestic public that this we are ready to negotiate you have to see it with a second step the iranians did it again to which their own public namely to boost. the blast about their own new newly achieved technological progress which is not true but again it sends a message to do also of course inside iran who are highly critical of any and gauge with the international community that both things iran can be solved comfort them and it wants to negotiate important. now let's take a look at some other stories from around the world and tunisia's president ben ali has fled to saudi arabia after weeks of unrest and violence the country's prime
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minister has taken over as the interim leader of president banal these twenty three year rule marks the first time an arab leader has been deposed by popular protest demonstrators have been calling for more political freedom and better economic conditions clashes with police left at least twenty dead with human rights groups claiming that the number of media as high as sixty. and fresh rains are hampering ongoing rescue efforts in southern eastern brazil following the worst floods ever seen in the country at least five hundred people have died of natural disaster and thousands have been left homeless mountain villages have been swallowed up by landslides and officials say the death toll is likely to rise officials in india over a hundred pilgrims have been crushed to death during a stampede at a religious festival in a southern state of carola scores more were injured the worshippers were on their way back from visiting
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a hindu shrine one of the accident happened reports say the stampede was triggered by a car driving into the crowd sparking panic. and to indian administered kashmir and our worst schools have decided to do without the traditional four month winter break that's in defiance of separateness demands they close and support calls for independence students will instead make up the academic days they lost over the last year due to massive protests against indian rule car in saying that one of the young victims of the latest separatist attack in the area. in srinagar this is all that it means for the school bus it was good by a walk in forcing a general strike called by separatists in the capital of we needed mr cushnie luckily the only child on the bus six year old. was rescued by first they poured petrol under the bus then they smashed the windows the bus driver picked me up and took me out of the bus then those people set fire to this attack
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was meant as a warning to schools which would mean defeat would strike school by separatists won independence afternoon spread of the bus attack many schools shut down for the day but not school i wanted to show. those miscreants may be a very few if you. have to lose difficult to survive separatist leaders have condemned the attack which is at the center of a public backlash separatist independence focus we need which has been administered by india since british rule in india with most parents ignoring this prank calls any separatists are we considering that meant hurts it should not be counterproductive i mean we are giving a strike call because we believe that we do present department present people in it and i think if people are giving you a response that you need to think something else you need to have an order that
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means other four hundred dollars and just strikes you need to come out with something else that's where we need to sit together and farm out a threat of during the widespread violence of children what i'm equal to a school for four months and last year. i just don't want to get it was no wonder then that we did find an easing no parents are adamant that you attend school with the militants like it or not we should be proud of one thing that the people in kashmir. very serious about educating the that unit. and especially the girl children the girl child. has four children almost. fifteen and spends most of the time of the class in extra tuition. fees meanwhile have decided to keep school during the. winter so that students can recover the last. one is happy with this
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decision but infrastructure and government is so poor and it's all so pathetic that schools that even don't have windows and doors how can you help you know how can you hit them how can you own them it's going to be freezing cold and it's not i mean it's sad. to have a window i mean they wanted as the internet had but then the suffering really had nothing to do with you going to. go next. week or the political. cool. whether or not the academic future is going to be impacted life entirely in the hands of the little button saying r.t. . and you can have our website r.t. dot com for more stories we are in line for you twenty four hours a day but here is a taste of what you'll find there right now. raphael demanding london either
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charges or freeze russian national academy as a tool of that are accused of spying for the kremlin although released on bail she has to obey strict conditions while awaiting deportation hearing and i told her. and getting cash is difficult when a bank a.t.m. is fake but that's what people in ukrainian capital kiev had to learn the hard way . plus fifty million dollars worth of arda stolen from a russian businessman's country residence all paintings by prominent russian artists find out who's to blame on r.t. dot com. as the season for getting your skies and skates out but if you are looking for a faster way to get around you might want to check out the winter however craft
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invented by russian aviation engineers it glides over the snow at speeds over what one hundred kilometers per hour when to try it out. russia's snow drifts in the winter oh impossible slush in the spring can make life hard for many but this one can go just about everywhere. it. was. or was that. was that. was. the russian punk skate to can travel at speeds of up to one hundred fifty kilometers per hour make an italian deal as a snappy runaround or a had turning hobby emotion cts you know the siberian man bought one his house is
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on one side of the linda river his body out on the other which he said i'm so lazy to travel over with gary is it so easy to report of the issue when mom called me and asked whether we can get a trainer with two beds in the hatch inside the cockpit for fishing on the ice. garry's was designed in the town of cough ski home to russia's annual international asho and buy for my avocation engineers not surprising than it has a lot in common with its wings brothers some of them is painted features a great handling and improve safety it's got a very strong roll cage even if you capsized only going to get is lots of adrenaline with thinking about installing an airbag another bit of know how is the propellant it's mounted up front it's covered so there's no chance of a scarf getting into it and dragging its owner into the blades besides it's warm and dry in there. the rock currently only four gary says in the world but soon its creators say it could become mass common as scooters and bicycles. there are plans
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to start mass production next year now we're looking for sponsors and facilities and for those who want one they're queuing already so there's no problems with demand just need a script for. today it may only be two seats floating in a question of air but if you float an upgrade idea past the engine years they're more than happy to listen that is of course if you stump up the twenty thousand bucks price tag if the gary's floats your boat. or if notion r t the region. and next we take it to the world of business who is here with us and of course we're talking about the v.p. and rosner of deal so what are the business hours saying about it and what's the expected reaction from their stores well marina b.p.'s investors were ready optimistic and talks last night the company's shares rose as much as two point
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seven percent to an eight month intraday high in new york according to many analysts russia is a great place to look for oil and gas it's not nearly as mature as the rest of the world how whether someone let's hear the tie up might upset some investors with here. russia taking control in any area well we'll have more analysis during the day era but first let me give you some background so b.p.m. . to joint the develop a number of projects on russia's arctic shelf the fields potential capacity is around three and a half percent of the world's proven oil reserves and roughly five percent of the world's gas reserves well majors have also agreed to support shares b.p. will provide five percent of its shares worth around eight billion dollars in exchange for nine and a half percent of ross net our correspondent to go to school takes up the story. this is truly a massive project according to the russian prime minister vladimir putin affect the
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entire global energy industry russia's oil company and also britain's energy giant british petroleum have reached several agreements in joint projects in developing offshore oil and gas deposits in russia and in third countries at this point we don't exactly know which third countries that we're talking about how well we do know that russia is arctic shelf was also mentioned this is one of the last great unexplored hydrocarbon basins on the planet and so we know it's highly perspective it's large in size we need to do the seismic work and interpret it and then begin drilling wells and then so what we're talking about is the beginning of a fifty year project they could be producing hydrocarbons every five to ten years they're talking about deposits up to five billion tons of oil and up to ten million cubic meters of gas these or quite impressive figures and according to the russian
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prime minister they do still need to be checked but he did seem confident that they reflect the reality both. b.p. have agreed that such an ambitious project will need big investment and new technology and for that they've agreed to create a new scientific centers in st petersburg any movement which will monitor this project on all of its stages but peace need to commute. the deal will help to quiet expertise of all shells locations in the arctic region british petroleum does have this expertise in this project strategically important for. last year's environmental catastrophe involving b.p. in the gulf of mexico was also discussed and the company's chief executive robert dudley has said that b.p. has taken its lessons from that disaster and it will. much more attention when it comes to environmental safety management especially when it comes to the arctic
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shelf it's a unique environment b.p. has been working with the russian companies for two decades now and both sides have agreed to that this has been a fruitful relationship and we've said that this latest ambitious project will be no exception here we're reporting there from snip needs foreign technical expertise to excess oil and gas deposits in hard to reach offshore areas like say cork him from says b.p. will be able to provide that know how while sharing in the resource bonanza. the importance is in. rosneft gaining access to shelf fields have not been developed so far and probably competent without major international partner with years of experience offshore rush's show waters probably have plenty of potential to talk about the lives of tons of all
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equivalent potentially but so far from the sea development limited to a few areas and sold them led by a russian company. and a quick look at some market figures here in russia the markets saw a slight correction on friday the week the my six gained three point four percent and the r.t.s. around five percent making russia the best performing emerging market of the year to date. the marshall stock markets came out strong in their first week of trade after the prolonging near here holidays especially with one of the traditional drivers all at a two year high so join highs all from set a buying explains. they were the main drivers i would say this week were luke oil and ross left do stocks and a lot of the large energy names in two thousand and ten lagged the market in general this week both of those stocks traded above key resistance levels and were
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able to hold those levels we saw quite a bit of demand of them one of the reasons why the russian market did so well this first week commodities are generally very strong crude oil held above the ninety dollars level. we've seen brant closing in on one hundred dollars level once again so that's obviously very supportive for the russian market also metals are quite strong that's all we have time for now you can always find more stores in our web site r.t. dot com slash business. repairing
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a broken ancient. highway construction and humanitarian aid. but as shady officials poke at the spoils of war it's the people who pay the price. profiteering here is no longer just down to drug trafficking. afghanistan and the data. on. children now see up in south by the end of elementary school five two hundred thousand violent acts by the age of eighteen from movies to television shows to video games to children. twenty four hour news channels is now teen every day formulate
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a staples industrials in. those while those who say if you think about it while it was a good try to artistic and journalistic future but most of the violence you have to see is what i call have been in god came down from heaven and stopped. at planet amen a mormon in a pretty what. makes the pill easier to swallow. everybody loves.

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