i can watch the special report in less than ten minutes time here in r.t. before that we'll take a look what's happening in business with julia. how long's a very warm welcome time to delve into the world of business here's the mounting the world is heading rapidly for a second dip of the recession economist nouriel roubini who once predicted both the collapse of the u.s. housing market and the worldwide recession which started in two thousand and eight warns of a perfect storm of high debt rising inflation and political interests russia is reasonable place to ride out the turmoil but this healthy budget but troika strategist chris with us says that will offer only limited protection when the mood turns sour in reality russia is in a much stronger position today than it was in two thousand and eight so you know russia is in a much better position to be able to withstand global downturn. you know to have to remain it's going to be solvent and stable and that's the reality it doesn't matter

the perception is that russia is still a high risk environment and most international investors view russia as a derivative of global growth therefore if they become optimistic about global recovery russian asset prices tend to rise higher faster than others and equally when there's a sell off as we saw in august russian asset prices will go down probably even faster than the rest creases debt problems just won't go away leaving many believing a default is inevitable but since his chief economist william believes the e.u. will dry up the process to avoid chopping the market. will be. restructuring. right. over of greece and most likely also put a good island with. a bomb fell swoop. europe always tries to be a little bit pregnant but curative expect

a lot right all the great to sixty five percent of those little bonsa strand of course really. good but there's a shift of banks that are exposed to here especially in greece but also. from. the question. let's have a look at the markets now oil prices a low investors fear europe's debt crisis will home economic growth tempering demand for all materials nights which is currently trading at eighty five dollars a barrel while branches below one hundred and twelve dollars. asian stocks are posting significant losses following friday's steep selling in the european and u.s. markets exporters are among the main retreat as in japan comicon meeson is over three percent down while electronics produce a sharp it's almost five percent in the red pin while banking stocks are the worst performance in hong kong with h.s.b.c.

down science teaching a two year low. ok and last but an hour ahead of the opening bell in the us markets ended brightest trading sessions deeply in the breadth of my six last two and a half percent while the r.t.s. climbs to almost. zero russian equities ended last week on a low despite president obama announcing a new stimulus package for the u.s. economy looking ahead to the next five days and alex. capital is not optimistic i suspect the more poor economic data remain high. it's very interesting the sequence or the events or say about the speech will be forgotten that all and the everybody understands that the obama was there will be in situation he just proposed and somebody the former president will block this matter so congress republicans will be the republican in this and that's why your chances for obamacare presley's legislation really high but i think that the real market

more in fact there will be there are european bad news which will arise during the next week because we haven't seen them for working almost like a week it's a pretty long periods of time for these kind of go for once to happen. that wraps up the business bulletin stories log onto our website r g dot com slash business.

like millions of americans i've lost thousands of dollars in retirement funds and i haven't had as bad as many it's not just about them it's about me to. me man brown man ya gotta share. some of. it saying. that. sam. needed. now. since this is my film i get the last word this financial crisis will not be turned off

like a light sleep. tell me she officially antti obligation to you on the phone i pod touch from the jump street. journal sheesh life on the go. video on demand off season minefield costs an r.s.s. . each now in the palm of your. question on the call wealthy british style sign. has moved on to the title. card. for the. markets why not. find out what's really happening to the global economy in the cause a report on r.g.p. .

for. russia would be soon which bryson if you knew about soon from phones to the rationals. who threw stones on t.v. don't scone.

welcome back you're with our team here's a look at the top stories the british prime minister is in moscow for talks with the russian leadership after years of strained relations it's the first official visit of a british leader to the russian capital since two thousand and five. beetle is disputed fifty four billion euros charity package enters a final debate in the lower house of parliament but open protests the unpopular cards have already started with some areas of the country going as far as seeking autonomy. and iran prepares to officially plugin its russian build to share

a nuclear station the country's first atomic power plant will reach about half past thirty after being connected to the main national grid. well next we'll look at the silent casualty of war the environment which faces severe and long term damage both from the production of weapons and combat itself. sometimes we think that it's easier to make war and to work or to clean up after it the military is a major player in terms of environmental outcomes. the environment is wars silent casualties when we talk about the costs of or we really focus on what happens to away the animals and the really focus on that which sustains who are our. we're

completely out of sync in the findings threats to our security. at one time the principal threats were military i no longer are there now environmental in the homeland security department there sleeping about vulnerability and preparedness we just haven't made the same commitment yet in climate change but we really need to do that at the my midget see for sleepwalking into disaster we can't afford to sleepwalk into the future we must take decisions and action which creates a goal that we want our children and their children to grow up.

the. war has changed much over the centuries yet our perception of war has changed a little when memorialize the fallen takes some note of collateral damage to civilians but in calculating the cost of war we seldom acknowledge its toll on the

natural environment. well when one deals with warfare one has to realize that this tremendous amounts of damage that are done not just human damage but damage to the physical environment in which the palace feel takes place and whether it's a small war of a couple of days or whether it's a major war one will work to the vietnam war with the recent wars in the middle east tremendous amounts of damage done by aerial bombs by napalm. chemicals that are used i would say there's very little consideration during combat operations to the effect on an apartment what one gets totally preoccupied in the firefight itself. after major combat operations are over in almost any war you have unexploded ordinance. scattered about the landscape. the use of agricultural land to the

population you can pump tension only in fact water supply and the food chain. and i would say that that's basically the case almost anywhere that you use fire power either air power the primary goal in warfare is to beat the enemy and when you want to defeat the enemy it's quickly and is. probably cost effectively as you'd like to use the most dangerous weapons you can for the most part unless you're your own troops or your own population happens to be on the battlefield. with three six battle gatling each capable of firing up to six thousand i mean i want to be filled dragon ships but every day. when i arrived in vietnam. february one thousand nine hundred seventy. there was a really

a great deal of destruction we were taken out on missions mainly by helicopter our missions were called search and destroy we would try to search out the enemy and destroy the enemy in the coup cheerier there were in numerable tunnels and usually we would try to blow these tunnels are a c. four explosives. and we seldom saw the enemy we tried to destroy the earth that concealed and sustained the and. i often wonder if our struggle is not against human beings against the earth that sustains them. we've become experts on blowing the earth using bond's artillery mortars c. four gunships napalm to me because the earth to ashes.

you know in the history of wife on earth there been five moments. and which they spend a major spasm of extinction and the best known is when the time a source left the stage as it were we are now clearly in the first stages of a potential sixth spasm of extinction in the human footprint on nature it's it's just the way you can see the increase greenhouse gases in the atmosphere you can see it in the proliferating feds and some coastal waters around the world you can see it in the oceans to coming out. in terms of warm preparations for war that becomes sort of a list of things in itself whether it's. sonic booms of factoring marine mammals or

it's the burning oil fields in iran or iraq or it's destroyed coral reefs are in the pacific for landing purposes however the list just goes on and on in wartime damage to habitat and wildlife is a given sometimes unintended sometimes the result of a deliberate strategy one of the list examples of the environmental impact of full fare the same during the iraq invasion of kuwait in nine hundred ninety one and the deliberate igniting of the oil wells in kuwait by saddam hussein streets but also spilling a vast amounts of oil in fact tens of millions of barrels of oil into the patient gulf region on this side it cherohala faked on the marine farm and on bird life in the area by three my criteria and night if birds. once was in the case it had is from their neighborhoods and it is it is not just

a point and millions of patents of sand it is it is an ecosystem and poor vast amounts of oil into a consistent that is terribly destructive for. all's fair in love and war as they say and that's why. aircraft will hit chemical industry they'll sink tankers they'll hit nuclear power plants they'll hit anything that might bring a society or a city or wherever you're fighting it to its knees as quickly as possible with tremendous amounts likely of environmental damage such deliberate targeting of the environment during the vietnam war prompted the addition of article fifty five protocol one to put in even conventions article fifty five of protocol one additional to the geneva conventions nineteen for the united states that care shall be taken and swore to protect them violence against

widespread long term and severe damage the united states. although it is accepted almost all of the provisions of protocol one has taken exception to that. in our bombing campaign and nineteen ninety nine milosevic did not capitulate and just a few days as we had anticipated and we bombed for seventy eight days we bombed oil refineries resulting in a mile long oil slicks that extended down the danube through remaining into the black sea. we've bombed have troll chemical plants and fertilizer factories spreading mercury. other carcinogens on the landscape and into a canal that lead into the danube river it will take the eco systems decades to

recover. forests are among the ecosystems that are most poff and damaged or destroyed in combat itself the main reason for that is because they're very useful for guerrillas trying to find concealment from forces with superior firepower forty years ago when the united states was trying to prevail in vietnam and its enemies the viet cong were using the forests for concealment the american forces tried through fire and chemical defoliants to clear large parts of the forests of vietnam. not invulnerable. to think of them so close wrong underpay are probably have bases. they fly

seven days in the week fifty two weeks in the year most days the planes spew out the total of nearly eighteen thousand gallons of people here. from one nine hundred sixty to one thousand nine hundred seventy one the u.s. military conducted on a large scale defoliation drive code named operation ranch air planes helicopters and tanker trucks sprayed nineteen million gallons of herbicides on south vietnam. i should mention agent orange which was also one of the main ways of the way and was ravaged a place that had been sprayed wood would die and the sometimes the we sort of say banana plants would become enormous and then they would die and it looked like a ghost landscape almost everything had been killed aging our engine was

developed actually in world war two at that time it was not thought that this had any effect on human beings so this became a wonderful commercial product but also a very potent product that could be used to destroy jungles to destroy food crops to be able to be used as a tactical weapon of war without being considered chemical warfare in the sense of place and gas fifty percent of the asian aren't consisted of a chemical called two four five tea which. unless the conditions of manufacture were carefully controlled would become contaminated with dioxin which is an extraordinarily potent toxic chemical so much of the agent orange of this her aside that was sprayed in vietnam was heavily contaminated the americans did not be defiled the top humans. on the right on the wrong became questions like

well again only aging vietnamese will go anyway these are battles but the motives just didn't noble but it makes no more than the novel mission accomplished. in one thousand nine hundred four u.s. veterans who are attributed a variety of adverse physical symptoms to agent orange exposure settled out of court with the manufacturers twenty years later their families fought to have a plaque added to the vietnam veterans memorial it states in memory of the men and women who served in the vietnam war and later died as a result of their service. and remember their sacrifice. neither the united states government nor the manufacturers of agent orange compensated the vietnamese people. when we first started working in afghanistan one of the things that surprised me was that it actually was an area where natural and wild pistachio

woodlands crew i didn't know that they actually existed there before in fact they were a significant part of the pre-war economy people picked the stash isn't actually exported them it was worth millions of dollars as a source of income for people. the deforestation we see in afghanistan is a product of three forces first of all you have the mujahideen that were using the forests for cover the soviets destroyed some of the forest to prevent that second of all you have the afghans themselves harvested the forests and stockpiled the wood because they feared that they'd be taken away during the collectivize ation process. and third you had land mines that were put in agricultural areas by putting the land mines they were cultural areas that forced people to find other areas to grow food and the most obvious where the forests and woodlands in the country so those three factors have led can virtual one hundred percent before

station in some areas this footage was taken during a field study for the united nations environment program holes in the soil indicated were trees have been uprooted to plant crops. after three decades of war only the smallest patches of forest remain in northern afghanistan barely detectable by satellite and the reason we don't see some of these woodlands and forests regenerating is also complex at the moment and if the seedling happens to take root and start growing you actually have grazing of goats and sheep over virtually the entire landscape and those goats and sheep obviously simply eat anything that comes up so what we saw in a in a number of different sample areas was not a single seedling had taken root. when you have such fragile soils and you have such heavy grazing on them you really amplify and cause soil erosion to the point

where recovery is going to be extremely difficult if not impossible. it was funny i actually started with my barber when i was probably ten years old he was a marine. who had fought in the battle of guadalcanal salt island start world war two and i heard the stories of his experiences of storming the beaches running out of supplies and. sword fighting with the japanese soldiers on the islands just for . they saw their supply ship be blown up by japanese aircraft to try to explain that feeling of of seeing their food and their source of self-defense just completely destroyed from their eyes. i was doing some research

on oil spills and general off the australian coast and that that story came back to me and i thought well his ship is still there and i but the oil still on board. there are nearly four thousand world war two ship wrecks in the south pacific right now and over three hundred of those are oil tankers. if no measures are taken on this these ships will collapse they will release their oil. one side oil answers them are in a dorm and they'll be very difficult to remove it. the pacific's highest concentration of world war two wrecks can be found in the federated states of micronesia choke lagoon service forward anchorage for the japanese imperial fleet until an air attack by american forces sank sixty ships and more than two hundred planes the way that the reefs are struggling around the world due to coral bleaching global warming overfishing area and a dynamite fishery added to those stresses a massive oil spill will just be the last nail coffin for these rigs that were not

able to regenerate and. to think that a war that we have. in the last century could still be destroying our future is really pretty shocking. but it's tracking things that current warfare is set fire based just might surprise some it may not have seen the victims of welfare can't be asked civilians and this is a routine around about a hundred people say yes i got the stats last century but it was about through who is that ten percent of the victims of course against and about ninety percent may actually see opposite. and what's in recently being upset if you say it takes money since world war two he is that we using more and more munitions to get the same military effect the invasion of kuwait by iraq in the cleanup of kuwait after the

one thousand nine hundred one gulf war is a very good example of the problems and the challenges of cleaning up the battlefield. after the war there was an enormous amount of refuse from the battles that took place these were trucks tanks aircraft all sorts of ordnance a lot of it unexploded and what happened was the allied troops came in and they basically picked up all this metal debris and piled it and giant piles the size of a football field in various parts of the kuwaiti desert and left it there was no real plan. and so from time to time these piles go up in flames and from time to time they explode here and there and no one really knows what to do what to do with unexploded ordnance what we call us in a case like that. among the most enduring legacy is of modern warfare is unexploded ordinance or you

x. zero the grenade shells and bombs that failed to detonate during that you act so remains on the battlefield long after the battle often hidden by vegetation or covered by soil. as weapons continue to grow more lethal the casualties of war are no longer confined to combatants nor to the curation of armed conflict one example is the cluster bomb a hollow shell or projects multiple smaller sub munitions called nominees or bomb that. up to a third of these bomb less can fail to detonate on impact affectively becoming landmines american and i thought about yeah.