barack obama pressures his chinese counterpart to let beijing's currency rights. increase among americans of the east and economic heavyweights growing might. show russia's opposition leaders begged washington for help against the current leadership but what turned down. israel's eyes and ears on the east we report on one of the world's largest spine facilities capable of intercepting every call and e-mail in the entire hemisphere.

and welcome to watch you are broadcasting live from moscow barack obama as a keeping the pressure on china to get the value of its currency rise while hosting the chinese president during his four day trip to united states it's one of the most divisive issues between the two nations that america is saying one is being kept deliberately know to give chinese exports and advantage obama says china supports many hundred million u.s. jobs and it's not just trading off the kind of mexico china is also the largest foreign holder of u.s. debt of the two leaders on same discussed human rights we are saying china is willing to continue talks based on mutual respect and interference toma from its. reports on the two countries mixed relationship. i went into burger king with my son and i. think it's a z.h.

using the choose e z h u z h u and recognize the that is chinese for seven americans the word china elicits fear recognizing china's rise means recognizing america's decline and now we are getting now. our toys and our things in our little happy meals which should be banned there so dangerous. not just our toys in the bag made in china but the image and everything else but culture coming from china. or others china elicits feelings of inferiority according to the pew research center forty seven percent of americans think china is the world's leading economic power only thirty one percent think america. that's certainly the opinion among students at millinocket school in maine which will welcome paying chinese students to close its budget gap next year i think the

chinese are going to be total shock i think about high tech in a way more advanced than us but ten times more money in like in a better society and then you look at a similar way whore and nuffin as hu jintao tours the u.s. capitol american officials are eager to quell fears about what a rising china could mean for the world's only superpower still some analysts say that the united states should be focusing on what it can learn from china rather than merely containing it china knows how to develop they're doing it we are expanding going and consuming rather than saving and investing for the future a sentiment echoed by many we spoke to a lot to learn terms of productivity organizational resources and also having a culture that values hard work and i think they're trying to develop their economy and share some of the wealth with the folks economically politically militarily china is on the rise and while the u.s. put education on the chopping block this year china invested four percent of its

g.d.p. in primary and secondary schools in poor rural areas chinese universities are mushroom all across the country and increasingly attracting prestigious foreign professors and even american students like philadelphia native zachary franklin seem. just a better decision to be in a country learning about economics where so much is happening economically getting a master's in shanghai doesn't mean crippling student loans chinese students themselves you know not pain absorbing amounts of money for an education in this country. china is also speeding ahead on high speed rail lines in massive infrastructure chinese officials say they will complete the first eco city by two thousand and twenty which will be home to three hundred fifty thousand as u.s. lawmakers squabble for years over who will foot the bill for every high speed rail link bridge or metro expansion america just adds to stream so we've got the whole interstate highway system where you've got gigantic infrastructure projects in u.s.

history it's even more unified as a people are moving in a positive direction and i wish we could say the same president obama has plenty to put on the table as he hosts his chinese counterpart at the first us china state dinner but will the white house be equally eager to learn from its gas and ford r t washington d.c. . what economist maxwell says that even though china is booming while the u.s. is on the wane both countries still depend on each other. but it is interesting to see the triumvirate of an american government being very solicitous of the chinese government and bringing in its big guns who are very much part of american policy toward china and that would be the leading our fortune five hundred u.s. companies companies like general electric and goldman sachs which are very much represented in today's meetings and they do kind of suggest that there is a nexus of power between large american transnational corporations and u.s. china business relations which have shifted a bit over time as some of the initial excitement about china in corporate circles

has given way to very much still excitement but with some concerns about u.s. export access to chinese markets there is every indication both in the american and the chinese consciousness that china is on the rise and the united states is struggling unsuccessfully to keep up its portion of the world economic engine that it's been we're in that danger of falling below twenty percent of world g.d.p. a place we haven't been since before world war two actually and the chinese are very much galloping ahead terms of their portion of world g.d.p. their importance their relevance in africa their relevance in south america the united states as far as so much money from china in many different vestiges and forms that the united states and china are in a mutually dependent relationship they need to make sure we can pay them back in that we keep borrowing to keep buying and we need to make sure they keep lending and keep favorable to us because we really rely on china both as an import and the export market and you see the leaders working to domestic constituencies

uncomfortable with that mutual dependency but they know they have to nurture it and sort of drown out voices that are hostile or suggest all kinds of non-viable and dangerous breakdowns in bilateral relations. washington based economists here anderson says it's clear that the epicenter of economic power has been shifting towards china. at the g twenty the u.s. absolutely does not call the shots at the global stage anymore china has often prevailed in there. and at the g twenty level and so it's fascinating to see these shifting dynamics china also rebounded from the crisis much more quickly than the us has largely because of their very aggressive industrial policy the size of their stimulus was much larger than the u.s. in terms of percentage of g.d.p. and they put it a lot into infrastructure that will have long term benefits for that economy so china is clearly on the rise obama today in a speech said he thought that was

a positive thing for the world but it's it's certainly shaking things up here in washington. the u.s. death toll comes under scrutiny in the kinds of reports later today or not he is back since stacy revealed the destructive streak running through the which of them's wall street. political profile of jamie diamond lloyd blankfein goldman morgan this guy daily is that of the arsonist the arsonist likes to burn things down their pyromaniacs here on wall street. maniacs they like to destroy things with debt and they like the price of debt to be as cheap as a pack of matches. if the price of dead is a cheap as a pack of matches as it is now they can continue to burn things down to destroy the economy like they're doing at this very moment and what is the obama administration doing they are giving the pyromaniacs and the arsonist more starting fluid more

lighter fluid more matches whatever they need to destroy the economy so you have to ask the question is obama in the pocket of the financial terrorist yes he says. it's been described as israel's big is a huge facility where it's claimed phone calls and e-mails from all across the middle east and beyond. intelligence hidden from prying eyes for decades in the desert it's become a focus for investigative journalists. on who's listening. many israelis have probably driven past year and not cast a second glance a few satellite dishes outside a little known town in the may give desert but this is no ordinary military base this is the largest or equal storing facility that i've seen on that and hagar should know he's been studying signal intelligence or electronic spying for the

last twenty five years a tip off gave him access to people on the inside you know want to be talked about or and stored it could be said little bits it simply to come on the back it never been seen but now it's showing up all over satellite images with thirty different listening antennas directed high over the equator each targeting a different dish in the sky everything that passing over the satellite system simply doesn't discriminate ever be with. and that's a lot of listening from this hub every telephone call every email can be intercepted and according to duncan campbell summary here along the coast the water tell a very large groups of people on this typically you have large windowless what looked like just real warehouses but with massive security you are seeing many such places across the united states and several hundred people will check in in

the morning start filing through checking emails looking at. listening to telephone calls but inside israel no one's talking of it heard about the boat i don't know what's the word based refers to exactly what is the reason behind the focus if there is a focus of this particular word is just a platform you have to understand the new comes to intelligence you need a platform in order to carry. needs you need in order to intercept but why wasn't this platform itself intercepted it was pretty well hidden until recent. when haycock went to public on ash my first surprise was the style that they could that there was this huge spying facility which will be found the influencing the politics of the middle east and beyond but then the sick and very surprise was that it's clearly been there as long as the some of the places which reported the birth of germany and russia anybody states and other countries and

just maybe that's the point those who need to know know exactly what these what did . he tell of if. let's take a look at some other headlines from around the well the south thirty three members of the deposed tunisia in the army have arrested while trying to leave the country they're accused of crimes against the interim leader earlier promised to develop this revolt over a break most violent demonstrations continue to topple mr president supporters refusing to recognize the new government. u.s. congresswoman gabrielle giffords is expected to be moved to a rehabilitation center almost two weeks of attempted murder officials say she's now able to stand with assistance that is ready to begin the next phase of her recovery if this were a shot in the forehead during a public event outside

a grocery store in the city of texas a gunman shot eighteen other people killing six and twelve. more communities are being deluged in australia's floods as well as the cities downstream in the state of victoria another town is now completely cut off from its fourteen thousand residents stranded people in low lying areas who are preparing for the worst. about safety it's also a blow to farmers who've seen crops destroyed especially after years of drought thirty people have died in the flooding so. with fatal flooding also affecting countries from brazil to thailand it's leading many to point the finger at global warming well into this climate change skeptic this corben talks to r.t. he says whether searches are not taking the past into proper consideration. subplot

measurements have been grossly overestimating surface temperatures on these gross overestimates which if you believe them would mean that like mate you can should avoid draw upon our. those bits of foam started to have been poured into the averages so we do not actually know a real flavor of the world of those temperatures and we don't even know whether the last decade or so has been warmer than the warm period in the nineteenth thirty's and forty's we don't know which is which is warmer now we do need to know to understand well a bit more about the sun's impact on the. unfortunately these fraudsters have to well i've been getting a y. with far too much and they have to be brought to account because i have a countable saw it's in the world otherwise you know that human endeavor is being wasted.

repairing a broken. highway construction and humanitarian aid. but it's a shady officials pocket 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 dollar. will. bring you the latest in science and technology from the ground. we've got the future covered.

much brighter than a few pounds from phones to pressure. these friends don't talk t.v. don't. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to operations are old today.

russian opposition leaders and human rights activists pleaded with top u.s. officials to support their plans for political and social change russia's it comes to most proud of the newspaper which obtained fresh files from wiki leaks reports that the group were consistently critical of the kremlin and wanted american help form activists claim that parties should sit down to solve problems and russians civic society can put from both russian and u.s. governments and representatives from and you know the request was apparently given by washington it's certainly something to russian activists to build up their relations with their ministrations without relying on america u.s. officials also criticize russians democrats for. so many. personalities

disagreements with. the boy ability to beauty. keeping the winter snow from freezing your feet is something russians mastered centuries ago violently boots are made from lamb's wool been worn by generations of people to protect that from the chills it's even suggested may help to maintain good blood circulation and as sarah first discovered today's wearers are keen to make sure fashion isn't sacrificed function. in the fast paced world of fashion isn't the new like. the crowds and now your expression food looking to rush is past their inspiration these are the votes centuries old russian made from lens will now was easy enough to come by in russia fashion fans in europe have found it much harder to get their hands on this theme nique. if you're feeling the chill the last few winters they certainly. and it

was a violent keeps growing in popularity as well as being warm and stylish they're also environmentally friendly. but was all this business case from strength to strength in russia she doesn't have the capabilities to meet the high demands flooding in from foreign countries the tree good still material see the huge gap in the market well for some of the core of the following. one hundred to. four hundred thousand rubles. since the. horse can buy them for i don't know ten euro quality robel. beautiful margin. but with no big export filling key remaining ran outside russia one stylish general however have taken advantage of the continue to be and had huge success taking their

billing he business to the world's fashion hog if italy. they're really popular they were a while ago no one even knew what the word valley and he meant but they to acknowledge that when it comes to filling there are still many barriers to trade the floor that is that off with the good and russian factories that store the operate in the way that they did fifty or sixty years ago even little things like there are no english speakers at these factories the first live really ordered to write three minutes late european standards just wouldn't tolerate pace over in the past billing here do on the feet of peasants and the like these days you're more likely to find them gracing the pages of fashion magazines old accounts president made vader's wife amongst her customers but now is it to keep up with the times business will have to buck up. russia should come up with a concept for choosing the best produces and upgrading equipment develop this trend soon our industry and eliminate the weaknesses. fashion truly does cross borders

now russia needs to put its best fit food and ensure that it doesn't let this lucrative national product slip out of its hands sashay artsy. about to one of our main stories. of the paper fresh files from wiki leaks saying that russian opposition want to. forms in the country but the request was apparently given short shrift by washington. that's all you tell us more about these revelations exactly did russia's opposition leaders want. all the members of the opposition have accused the united states first of all of turning a blind eye to the human rights violations in russia issues in russia while at the same so i'm asking the united states to be more involved in the activities of the opposition not only financially but also to be more involved in the activities and

while speaking to the howards of the russian department of the u.s. national security council members of the opposition have asked the united states to be more harsh in his criticism of the civil rights issues in the washer while at the same time not so bushlike harsh and even though those members of the opposition have already present at such meetings at the u.s. embassy in washington in previous years during the bush years cell phones they seem to change their position on how the united states should criticize human rights issues in russia well in previous years during the bush years they've been saying that's the criticism should be more soft now that they have changed their position and asking for a more harsh criticism they also saying that the reset of the relations between russia and the united states has been bad influence for human rights activists especially in the north caucasus saying that after the murder of natalee.

could sirius have received a card bill as receive the card launch for other murders and should be announced by the united states as a persona non-grata many members of the opposition hold to have been saying that to solve the problem of civil rights. in the united states have to sit down together and talk about such issues both mr mark for it to all that replied that many of the issues that the opposition members addressed are domestic issues that the united states is not going to be involved in and regarding the human rights issues he has said that the united states is not turning a blind eye or being indifferent to the human rights violations in washington and shows its criticism one thinks it's necessary. or tell you what more did u.s. officials say about the russian opposition and indeed its effectiveness. to sum up the report by the u.s. ambassador to russia their position in the country is rather immature and un

sustained some of the members came to the meeting asked for the u.s. to help them register political parties may have been saying that they see the biggest threats the potential threat in the future is that prime minister putin is going to run for president once again and that will see verily worsen relations between russia in the united states and that they believe that the u.s. should be involved in preventing that from happening. so of course in his reports the u.s. ambassador to russia has said that perhaps the united states should make its position on human rights violations and democracy in russia more clear to the members of the opposition and to explain to which extent the united states want to be evolved in the countries the mastication is. that how you would leave it there for now to not because i thank you. but all the business news now with korea.

how would welcome to business use on communal again is good to have you with me gas problem and the chinese national petroleum corporation are closer to agreeing on gas deliveries to china russia's gas giant said it was ready to begin constructing the all type line in the middle of two thousand and eleven the line will link western siberia with china and is estimated to cost fourteen billion dollars the two sides signed a memorandum in june two thousand and nine to cooperate in the natural gas sector. the russian oil industry could face new tax rules as of march draft law backed by the energy ministry would reduce export tax for crude but by about seven percent while raising it for oil products ministry wants the changes this year without any phase in period any budget losses are expected to be covered by an increase in oil export volumes experts warned the measures could mean lower amounts of white light

oil products on the local market and jobs and fuel prices. now russia's private debt capital outflow in two thousand and ten amounted to thirty eight point three billion dollars a drop from fifty seven billion in two thousand and nine but the figure is still considered too high a presidential adviser says it shows the country's investment climate relates well . this confirms the conclusions made by the president and indicates that we have a very poor investment climate many actually don't see a future for conducting business and investment within russia although significant amounts of outflow a largely from the regions and. there were some inflows of course but in terms of investment we are still very far off from the pre-crisis period. now let's have a look at the markets asian stocks down with out with losses in the banking sector hurting in tokyo after disappointing earnings from the west bank including goldman sachs trans nikkei is currently trading down over pursue. that here in russia the

stocks close mixed on wednesday the r.t.s. finished point ten percent lower at my sixth and it just slightly in the red energy majors helping in this is. now russian markets are seeing some profit taking after the oil fueled rally early in the week from the t.v. capital explains who were in states when it was the leaders again. the local and rosneft from half percent or percent. consider it asian into commodity names out of retailers. more than three percent was a popular name here and losing some ground as investors for their portfolios system was also one of the names popular in a day again almost four percent. now for some corporate news russian internet portal yandex just a stubbornly holding off google as the country's leading search engine increased

revenues by forty three percent last year income from online advertising which is the bedrock texas business school forty five percent the number of advertisers rose by over a third now totaling one hundred eighty thousand head of yandex believes the shop increase in toll revenues to more than four hundred million dollars reflects the post-crisis revival of small and medium sized business. and that's all for this hour join me in fifteen minutes from walk here on r.t. .

wealthy british soil. is no time to. market why not. come to. find out what's really happening to the global economy with much stronger or a no holds barred look at the global financial headlines tune into a report on our.