we've got. the biggest issues get the cuban voice face to face with the news makers . and historic agreement does a one industry leader the other the aft and the peace talks stocks worth billions of dollars. that teaming up to explore the un tom's natural reserves only treat the bad apple from london in just a moment. the lavish mansion the gourmet restaurants of washington d.c. but not for everyone as government work is enjoyed both this is a pay rises it's the private sector that is bearing the brunt of the recession. and schoolchildren in didn't run kashmir or swamping the winter break but classes in defiance of separatist bonnets.

a very warm welcome to you this is a live from moscow with me allas have it to all of the world's all will giants or russia's that all sniffed and b.p. are joining forces to explore the potential energy treasury all the arctic sea beds the companies have sealed a multi-billion dollar stock swap and the now plumbing to honor the reserves thought to be buried off russia's arctic continental shelf or ever ports from london where the historic deal was filings. this is a deal they've been discussing for months rosneft and b.p. are calling this a groundbreaking strategic global alliance and it's the first major equity linked partnership between a national oil company rosneft and an international oil company like b.p. and what's happened is that they've done a share swap ross nast has got five percent of b.p.

in exchange for nine and a half percent. it's very important that the governments are on the side as well and in fact a meeting was held with prime minister putin before this deal was signed let's hear what he had to say about the supports that he's going to give this particular deal which. 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 russians arctic reserves are estimated to be five billion tons of oil and ten trillion cubic meters of. 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 they've agreed together to develop and explore three separate areas on the russian arctic self and that covers an area of one hundred twenty five thousand square kilometers b.p. has been working in russia for twenty years it was really the natural choice and

there's a strong belief in russia in the competency of b.p. to carry out a project like this in spite of the disaster that we saw in the gulf of mexico last year and i spoke to. him who's the chairman of ross nafta and one of russia's deputy prime ministers here's what he had to say about why they chose b.p. for this. is working on a new strategy here in india transforming the company into an international energy holding model our deal with b.p. is of course part of the strategy they've gained a great deal. 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 with b.p. for many years they are competent and have strong experience of russian companies so there is a strong relationship already in place between b.p.

and rosneft before this deals even being signed and of course this is a large area this hundred twenty five thousand square kilometers is going to benefit both sides and the extra expertise technology and cash of course will be needed to be to be brought in so that's where b.p. comes in the piece incredibly contrite now about the gulf of mexico oil spill the new c.e.o. bob dudley was brought into specifically to rehabilitate the reputation of the company if you like following that disaster and he's certainly going a long way towards doing that he talks a lot about it talks about how much they've learned and the chairman of rosneft actually said to me expression which basically translates as once bitten twice shy he thinks that specifically because b.p. suffered this disaster and was blamed for it particularly by the americans they will think twice about what they're doing next time so a company like that will have been versed in what to do when an environmental

disaster like this happens so they're not they're not green in any way dudley again talks about how contrite they were and what they're going to do so make sure that another disaster doesn't happen let's hear what he had to say has been working with ross now for twelve years now and we've been working on the arctic for since two thousand and five with ross stuff working recycling 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. environmental care what we do this is a project that they're looking looking at over a term of about fifty years so these reserves are still unproven the oil and gas reserves in the arctic so one of the first things that they'll be doing doing is looking to see just how much oil and gas is down there. it's not clear when we're going to see them actually drilling a hole in the ground and bringing out or oil and gas so we just have to wait and

see what the deal boost the already long standing ties between b.p. and russian energy industry and ban our us from the business new europe magazine says it's equally beneficial to both partners. i think it's in everybody's interests and both sides are very happy to do this deal on the one side russ gnashed needs help they're not very good at deepwater exploration and b.p. has a pity and on the other side b.p. rusher is already the most important source of. b.p. started was. russia and securing oil supplies going forward is key for the company the world is changing and in the past the big oil companies to b.p. the others have been taking the lead but going forward increasingly it's national companies going to states that are increasingly claiming control over the resources of their countries and so the international companies are having to change their game i mean it's no longer that they would go into

a poor country and take and take the profits now they have to share with governments in a very tricky relationship to manage but having said that b.p.'s been working in russia pretty much since the beginning i mean this is their joint venture and they become experts in making these managing these relationships although they could be problems they probably will be arguments nevertheless both sides are committed to making it work. now if it's a crisis hit america where it seems not everyone is down on the knees particularly government workers in washington d.c. that don't let me out excuse and call me rest rooms and living in million dollar mansions all while they're probably been sent to colleagues suffer from job cuts and unemployment fish treat it takes a look at fact that statement. 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 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 at 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 their 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 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 grew by almost ten per cent 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 stuart isn't worried about sales we're sucking jobs into the washington d.c. area which is causing prices to actually have stability and it's not just stylish digs that d.c.'s fat cats can afford. this upscale restaurant in georgetown the reservation list for a weekday dinner is fall connelly's 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 with 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. . you know with good to have you with still ahead this hour teaching a separatist lesson schools in india that is that kashmir to find warnings to close if they choose to make up for lost time and. thank. their eyes on this super fast new hovercraft capable of speeding travel whatever the weather. now a tool of iran's nuclear scientists going ahead despite many key powers including russia declining to rounds of its haitian moscow refused along with experts from the e.u. china and other members of the un's nuclear watchdog iran's main allies turkey and

brazil also not taking poland while the u.s. was not invited russian foreign minister sergei lavrov said such a visit should not be substitutes for official inspections or six party talks the west expects around building a nuclear bomb shelter one systems only working on peaceful atomic energy ahead of crucial six party talks on its program iran's being accused of trying to create a rift in the members by inviting some of the to tour its facilities while clearly stopping others but experts believe any such attempts are doomed to failure. to do so from ever there has been a start in negotiations or talks or whatever and it never worked out certainly there may be some people who thought that they could create a fish or or rift but. they never managed to really break our. p. five plus one formula. the behavior of russia and china it just shows once again that

it doesn't work i think theory means half expected such a reaction however during its wanted to show two things to their own domestic public that this really are ready to negotiate you have to see it with a second step the iranians did. again to watch their own public namely the blast about their own newly achieved technological progress which is not true but again it sends a message to do also across inside iran who are highly critical of any engagement with the international community that both things iran can be solved comfort them and it wants to negotiate are important now in indian administered kashmir schools doing without the traditional four month winter break they decided to play catch up after sampras's violence and curtains force them to close in the summer but as are these counselling reports their move is also the beginning of a backlash against separatists demands which they claim a paralyzing daily life. in srinagar this is all that it means for the school bus

it was good by warping forcing a general strike called by separatists in the capital of a needed minister kush meet 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 was meant as a warning to schools which would mean defeat would strike school by separatists want independence afternoon spread of the bus attack many schools shut down for the day but not the issue of school i wanted to show. those miscreants may be a very few if you. had to live 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 right calls any separatists considering that meant hurts it should not be counterproductive i mean we are giving a strike call because we believe that we do present apartment president 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 alternate means other four hundred dollars than 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 know you are just if you look at it was no wonder then that with the find it easy no parents are adamant that you attend school with the militants like it or not and we should be proud of finding that the people in kashmir. any serious

about educating their children. and especially the girl children the girl child. has four children all the looks acted like the. fifteen who spends most of her day locked at last in extra tuition to cover her civil suit. polities meanwhile have decided to keep school during the meeting so that students can recover lost but no one is happy with this decision or 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 how can you how can you hit them how can you warm them it's going to be freezing cold and it's not i mean it's a have. to have a window because it's not i mean they wanted as and when they had but then why are we suffering if we had nothing to do with the as i believe you weren't having to fix the go next the swedish who's clearly affecting people going about their lives

with these children now being caught up in the political tussle if it's called. whether or not their academic future is going to be impacted life entirely in the hands of the little button saying r.t. . you can catch more on these and other stories of course on our website dot com any time you'd like here's just a little fun like you out the men as a russian general in the dark a white house press briefing after offering his condolences over the recent hours in a shooting's health a question that raised quite a few eyebrows find out online exactly what he said. what are you doing in the dark and just throw it by pilings really played by falling russian spy cell to. see. examples of bad skin appears to be the latest russian to get involved in an f.b.i. was head to our web site for more info or just visit our. you choose china from all

over the eggs. in the. news in brief there's our knowledge here has someone in the palm and speak out for . the interim president who in the example is a form a unity government it comes out of the week so widespread on rest across the country hundreds of security forces are trolling the streets in an attempt to restore order on friday president ben ali fled to saudi arabia other officials say

he won't return to office elections are expected within two months. rescue workers in southeastern brazil are still struggling to find people trumps on the landslides because of renews rains in the country at least five hundred fifty people have been confirmed dead also thousands more have been back home that's the worst flooding in the country in decades call since predict more heavy rain will hit the region over the next few days with officials saying the just told is expected to run. a group of gunmen have a time it's a convoy in southwestern pakistan at least of fourteen oil tankers carrying fuel for nato troops in afghanistan was set on fire by the militants the driver was also injured during the attack more than half the supplies for u.s. and nato forces in afghanistan tossed triple stop. all the one hundred

pilgrims have been killed during a stampede at an annual winter just past. in the southern indian state of corolla dozens of others were injured poor say the stampede began when a jeep powered into people on a crowded road to worship with a husband on their way back from visiting a hindu shrine the forty's have ordered an investigation into the tragedy. now russia may not be the easiest country to get around in the debt the wind but a team of inventors believe that they have the solution they come up with a new hovercraft capable of travelling both on and off land at speeds of up to one hundred fifty kilometers per hour where for the last hour to check it out. russia's snow drifts in the winter oh impossible slashing the screen can make life hard for many but on this one can go just about everywhere.

the russian pounds kate to can travel at speeds of up to one hundred fifty kilometers per hour making it ideal as a snappy runaround or a had turning hobby courts three siberian man boards one his house is on one side of the linda river his body out on the other he said i'm so lazy to travel over with gary as it's so easy for both of us to shoot when mom called me and asked whether we can get a trailer with two beds and a hatch inside the cockpit for fishing on the ice. garry's was designed in the town of g. cough ski ham to russia's annual international asho and by former avocation engineers not surprising than it has a lot in common with its wings and brothers some of them is paid into it features

a great handling an improved safety is going to very strong rollcage even if you capsize are you going to get is lots of adrenalin we're thinking about installing an airbag another bit of know how is the propellant that's mounted up front or if 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. there are 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 to start mass production next year now we're looking for sponsors and facilities as for those who want one they're queuing already so there's no problems with demand just not just for. today it may only be two seats floating in a cushion of air but if you float an upgrade idea past the engine ears they're more than happy to listen that is of course if his stump up the twenty thousand bucks

price tag if that gary's floats your boat. or if an ocean r t moscow region. little later we reminisce about solving music art and culture as our last go out scene takes the hat to the u.s.s.r. . from propaganda to sort of art there are many rules inside the scene here a large part of the exhibition is on industrialization and many aspects of the cultural worlds were under government control but the art world still flourished in the u.s.s.r. and today soviet art is fetching the highest prices at various our solutions around the world. that trip back in time in around five minutes time fast they dimitri joins us with

a piece of me. welcome to business r.t. good to have your company b.p. and rosneft have indeed agreed to jointly develop a number of projects notably 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 the oil majors of also agreed to swap shares b.p. will provide five percent of its shares worth around eight billion dollars in exchange for nine and a half percent in rosneft only we spoke to consenting seaman of the head of the national energy security fund and he says the deal will promote investment in russia. i think it's an excellent deal for both companies and not only for companies we can also mention the interests of russian federation us speaking about b.p. company of course we know where it will be a story in mexico and gulf and after this we ease in the serious need in

a good news if it's possible to say it's also but is why for b.p. of course it's an excellent use because. you are in the last half of the year b.p. will say and say and cillian its assets and now with very serious increase in possible increase of the role of b.p. in russian business for those nifty it's also good news why because. now it was from the really serious part. in the west and we know that. he's preparing for. we can separate ization of this campaign officially our government said that soon in the few years it's possible to sell more than fifty percent of the private investors think for the russian business climate having such a such a deal is is a good idea absolutely because you know that i said about last year because russian government during all two thousand and seven soon we will have the realization of. tax regime the british know how well war you were speaking about for the lesson

because. he made them so i was an eight hour presence and the floor bowed for investment in the strategic oil industries and there were huge discussion that now we see because in the russian market now we want to show it because. of the that there will be a special tax regime all these are the project because of course we know the price of production we will be serious and first of all we know that there is a special roof we. i think that maybe there will be a special tax issue for spokesman project that there will be a special room for b.p. recently of joint when she know what. those are so i think it's a good move to use all that is why now russia will show that the. really want to change i would like some more reason for the west wing. what do you think the most immediate investor reaction on the stock market on monday will be. the price on the . scalp in good company will be increasing so we're very very very very easy to

focus. let's take a look at now how the russian markets closed on friday and there was a slight correction but overall the week was positive and it was positive for roll sniffed but on friday session it was down point six percent before the news of course broke on the deal with. over the week the my six came three point four percent the r.t.s. five percent making russia the best performing merging market of today. so the russian stock markets indeed came out strong in their first week of trade after the long new year holidays especially with one of its traditional drivers oil at a two year high sales traded on highs all from citibank explained to the stocks that were the main drivers i would say this week were rosneft stocks 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 able to hold those levels which are quite a bit of demand of them but 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 about one hundred dollars level once again so as i was a very supportive for the russian market also metals were quite strong and so we have for now but you can always buy more stories on our website that forward slash business headlines are next stay with us.

children now see about eight thousand by the end of elementary school five two hundred thousand violent acts by the age of eighteen from movies television shows to video games to children. twenty four hour news channels ration is national team every day formulate a stable industrial in. those while those who say. this week that was there is a good. journalistic future but most of the while it's good to see what i call have been coming to god came down from heaven and stopped. at that. moment in a pretty what. makes the pill easier to swallow.