focuses on the environmental footprint of war when one deals with war for us to realize that this tremendous amounts of damage that are done not just human damage but damage to the physical environment in which the battlefield takes place tremendous amounts of damage done by aerial bombs by napalm boy chemicals that whether it's mars saw it from secretary kerry mammals or it's the burning oil fields here in the rock or good story corps in the search area for women purposes the list just goes on and on the geneva convention says nineteen forty nine states that are shall be. in war to protect the involved against widespread long term and severe damage to the united states although it is accepted almost all of the provisions of protocol one has taken exception to that.

so what's our special report in our time here on our team for that we'll take a look at what's happening in business here. hello and a very warm welcome that's right time to delve into the world of business and deals for around four hundred million dollars will be signed during the visit of the u.k. prime minister david cameron to russia delegation also includes blue chip companies rock rolled out shell and british airways british d i y retailer fisher will unveil a plan to open mind stores in russia total investment could reach two hundred fifty million dollars the u.k. is also expected to sign a deal with the russian state energy corporation which would help u.k. companies with when contracts in russia's expanding nuclear industry. tony

hayward is stepping down from engel russian oil firm team p b p less than a year after joining the board as a non-executive director the former chief executive of be easy who was fiercely criticized for his handling of the gulf of mexico oil spill is leaving to pursue other interests in the energy sector the departure comes at a sensitive time although these failed attempt to join with was never to explore the arctic alliance was broken by the russian partners in tinking b.p. who are seeking compensation through the courts from the british parent company. that's a look at the markets now oil prices are low investors fear europe's debt crisis will harm economic growth tempering demand for rude materials light sweet it's currently trading at eighty five dollars per barrel while branches hovering at one hundred ten dollars. the nikkei index fell by more than two percent on monday to end its lowest level since april two thousand and nine down i really need worries about european debt problems hong kong's hang seng is also seeing losses heading

for its lowest close in the world in a year. and european markets are seeing heavy losses in early trade footsie is more than two percent lower shares in the u.k. lenders are under pressure after the independent commission told. banks they will have to ring plants their retail on spotting the british prices shares of lloyds of down three point two percent roe bank of scotland was down three point six percent and barclays shares three in home center. and european debt more is also weighing on the brush in markets the indices are extending last week's losses in early monday strait the r.t.s. and the mice it's a deeply in the red eight percent and three percent respectively let's have a look at some of the individual share moves in the my six energy majors are losing ground with gas from sharing. and lukoil dropping one and a half to said they can stocks are also under pressure with russia's largest lender under four percent this hour. well fears of mounting the world is heading rapidly

for a second dip of the recession russian finance minister alex accoutrement says it's more probable now than before the summer russia's balanced budget means it is reasonably well placed to ride out the turmoil but the strategists course with us says that will offer only limited protection when the move. 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 to remain fiscally solvent and stable best to 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 and russia is preparing to ban small air carriers from running both charter and local flights routes will be given to the country's major airlines who will also get state subsidies and let's see this could reduce existing passenger traffic by up to forty percent with just a few companies operating in the market and move the same as improving russia's poor aviation safety records after almost an entire professional ice hockey team was killed in a plane crash last week. that wraps up a business bulletin for more stories you can head to our web site that's dot com slash business.

led . to much brighter if you live from balanced impression. it's. easy.

to. talk about here with r.t. 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 and. iran prepares to officially plug in its russian build bush era nuclear station the country's first atomic power plant will reach about half of capacity after being connected to the main national grid and. it was this beautiful fifty four billion euros package answers a final debate in the lower house of parliament but open protest and down popular cause have already started with some areas of the country going as far as seeking

autonomy. more tough a stereo measures and a new property tax are also being prepared for greeks as the your country's economy finds it hard to skate a cautious of its debt next we talked to greek m.p. simmons kitty called who says joining the euro zone has destroyed his country's financial prospects. greece has given the world many added fine myths including bill latest one and its economy was strong enough to join the euro zone was it a comedy act tragedy or maybe a farce well to discuss that when alan joined by the member of the great hall and seamlessly to thank you very much for your time sir now greece has been at the center of political and economic debate in new york why it's on time now do you think the european union has done and not how greece out and not enough for not

doing the right timing and greece was just the weakest link. in the building and the. well constructed if there's a problem when you promote financial and racial and political integration and i think it's the time for big decisions of the european union i'm not so sure that the political leadership of the european union. is going to be what do you think i've been through their base crisis at the root of this crisis is that the political leadership has given up. a big part of the. let's call it financial establishment to people that never vote to. elect. but they seem to have more power than the elected leadership that is something that has to change and another point of view maybe it sounds

a little bit moral but making the money without producing anything is immoral and that's what we're paying right now so what you seem to be suggesting is that greece has lost more than they've gained from joining the european union and the euro zone listen our fault is that we lost chances we should have done more in the good things right now it's costing us a lot you can imagine that. germany for example is lending us money when the big hit with a big interest rate. itself is borrowing so they're making money out of the help to us now some critics say that. year was introduced in greece wages have been increasing at a pace seven times higher than in germany that you just mentioned and for example salaries for public servants have increased by seventy six percent so some critics

may say that it's actually inefficient botching inefficient cost management that glad to be a dire situation this in the. truth is that the greek political system. for the best part of the last twenty years was. giving money giving benefits in order to collect votes. that is not the only reason for all of these. patients that you were referring to because you must keep in mind that when we entered the european union the salary of the public servants in greece was one tenth of the salary of public servants in germany and it was supposed to be that. the aim of the european union was that all europeans would come to the same level so yes there was another one patient i don't know seventy percent he said but still

the salaries are lower than in germany how bad the situation really is what a big. thing i am going to your future i believe in the perspectives of greek economy maybe right now it seems rather gruesome picture but we have many capacities that haven't been explored them that's one of the reasons i'm here and most people promote the conference that we're having in road us about the great russian collaboration there are many things to do specially in the energy sector of course the tourist sector the real estate sector the corporation and production of . items of high technological value with russian know how and production in greece this would have advantages for both sides plus the fact that with help of the european union greek farmers have stopped producing can you

imagine the country like greece right now feed its people we don't produce enough meat we don't produce enough we even oil we are importing a country like greece that should produce. everything can produce something and should be and we had the scheme from the european union that farmers were paid so that they would reduce anything. we destroyed one of the main assets of our economy and this has changed our sentiment here giving is full of disappointment gaping it was a wide decision for greece to join the european union in the first place the decision to join the e.u. was a wise one. the way we entered the monetary union was the wrong. relation

of the greek coin and drachma that we had. euro was incorrect the way we transfer. who made the transition from the drachma to the euro was incorrect for example prices went three times up we didn't pay attention at the time because what we gained from the monthly union right the way was more credit greece and greeks could borrow money easier but it wasn't used in the correct way it was used just to buy things but also the investments that were made in europe were only to sell germany you know what's the biggest investment that's made in greece for the past ten years super markets and we ended up buying german products buying german cause.

we have helped the german economy very much by our buying capacity i'm telling you maybe greece borrowed a lot of money the past ten years probably do you know from germany and especially why don't you check out how much money germany has made out of greece the past ten years you'll discover that it's nor than what we borrowed just recently the greek authorities have announced a very ambitious participation program. and by intention just now may just take companies in a natural raise some money and close on budgetary holes why do you think about program i think that a big part of the public sector should be privatized i don't think that the current government is. moving in the correct direction and i'll give you an example that has to do i know that there was there is a russian interest from the russian railways for the greek railways and i am sure

that. with russian management and russian know how the greek great can make great ways can make money but today they're losing. and as far as i know the greek government hasn't responded to the proposals so things like that have to change. for privatization but with. the spirit of development we don't want to sell out greece and we're not going to sell the acropolis as some german magazines and newspapers proposed i wonder how they would feel if they were we would ask them to sell them not bill gates or something of similar historical and notional value and i do believe that what. the european union the troika as we call the european union monetary fund and the

european central bank. the proposal the plan that they have it's not working. raising taxes. and the colony that is in deep deep recession doesn't solve problems it creates even more what future do you see for the unified europe do you think it will survive. i would like to see europe survive but there are many things that i have my objections for example the relations between the european union and russia they should become better. greece has tried to be a bridge between good opinion in russia and russia successfully sometimes unsuccessfully in others there are some new member states in the european union that are reacting but russia is a part of europe so i can't imagine a europe without russia there must be a closer form of cooperation between the two sides and everybody is going to

benefit from that you mention germany several times throughout this interests me finish on the german call with just a few days to go i'm going marcos if the euro collapses europe will collapse do you agree with me and i want to see the european currency. continue to exist i believe that we didn't start it in the right way. but it is the right direction we just need a new framework and the a new understanding between us because right now very thing a country that is not entirely responsible everybody has its own responsibilities on the sponsibility and it's the weakest link but there are others too you saw the problem of greece quickly became

a problem for portugal now we're afraid for spain for italy so it can't be only greece's problems the whole structure was wrong and we have to change and we have to find another approach i still do believe in the european union and the european dream. but in the larger a dream and in a more correct way and as i said from the beginning i can't imagine europe without russia. well when one deals with war for a customer laws that causes tremendous amounts of damage that are done not just human damage but damage to the physical environment in which the battlefield takes place tremendous amounts of damage done by aerial bombs by napalm for a chemical saddam's whether it's on

a sonic boom six factory. or it's the first moral field soon the rock or it's destroyed coral reefs in the pacific for women purposes the list just goes on and on the geneva conventions nineteen forty nine states that there shall be changes in the war to protect. against widespread long term and severe damage to the united states although it is accepted almost all of the provisions political one has taken exception to that.

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. a chill is disputed fifty four billion euro staring package anders a final debate in the lower house of parliament but open protest of the unpopular cause have already started with some areas in the country going as far as seeking autonomy. and iran prepares to officially log in its russian build a nuclear station the country's first atomic power plant will reach about half of capacity after being connected to the main national grid. as we had lines and sports next with the tosh.

thank you marina how long the sports update and let's take a look at our top stories. serina williams in the women's singles final denying the americans hope so and the full title at the u.s. so flushing meadows. some well after all school is the second goal in as many games for russian side. i mean the most talked about team be all good news you know we've got a. closing in on a second consecutive film alongside all the german the winning the grand prix in style ahead of johnson bob and fernando alonso on. the outskirts saw the flushing meadows was a mile the stalls or house claims made in ground running serena williams in the rain to laid ladies final on sunday a minute's silence to commemorate the sounds anniversary of nine eleven opened

proceedings on sounds of course. also going into the championship aside and lobbyists on the dog for a time when i had dropped the set however it was nice seeing who they are made to pull out allowing her to secure a relatively easy straight sets victory six two six three sam stossel capturing the overall title before hand went up on her match one there becoming the class israeli woman to play so singles titles and small bridge back in one nine hundred seventy three. i felt like i was definitely the underdog going into it so maybe that kind of made me a little more relaxed going into this match then especially my last grand slam final think i was able to draw on a lot of the experience from the french open and. you know i had to believe that i had a chance to win i think obviously going to victory over here in the us. that may help

me feel that it was possible and i knew that i had to go out there play well do you remember a chance to play for the u.s. open i would have never thought i would have a chance you know seven weeks ago i mean when you're in wimbledon or whatever you know let alone six months ago or what i just never thought that that opportunity would have been available so i can't be too upset myself. that's news for the local supporters coming later on that day after little hoover and lisa ravens beat finally king and here is lovers read about the women's doubles final grades are up to play off of the percept paulson close but all in the following hours with hooper and raymond eventually winning it all in a decisive time break. now russia's man have won the beach football world cup in the city for the first time national team beating nine time world champions brazil twelve to eight in sunday's final russian school to be three to lead the all the samba boys world

a few more times in the first period because they get just one goal before the first break second period proving to be the size of us the russians added six small brazil nineteen just twice the underdogs then held on to that advantage to secure them a decent world title. meanwhile spartak moscow is unbeaten run since june in the russian prime league has been extended for another week after saying off on current sunday's opening game just one goal coming on the jerry day in paramount so zuba had a chance to alter the school board made way through the second how the skewed he's after the fans literally soaking in the experience when he goes for a break the deadlock in the pinpoint freekick five minutes from time striking out for the muscovites to take all three points. the league's all those particles that meanwhile saw their wounds continue going down to us thought from on a bum of have ever seen is it open from the spot in thirty minutes and over the

former russian international be the keeper he could be the post both teams than created chances until course huge burst into the area and slowed it home in the eighteen fed minutes start like now possible for me after be disappointing one nil loss. and that's because really a survey of who had been bottom going into the weekend managed to play for victory this season so gay. they got things started against their seat the one with my minister belorussian international left all alone speaking spot as seems it was them both right before the break probably make me into nothing. and in the final game of the day i'll g.b. you boys vol belen which because this opened the scoring go through me hide the players son who do keep a back with his long range afterward but thirty minutes self though that somewhere its soul knows the second goal win as many matches for on she before time african

player of the year you will ising in his past so much that you call law that was before another world start a bit to call it that when i ride before the after freaky m g they're all full in the table while week twenty three reps up later on they went to a host who by the chechen capital. they were just two games in the english premier league on sunday the only one so west brom win their first match of the season the baggies victory coming out the expanse of new boys nor h.c.c. total in that sea of moscow man peter old and windy in that scene just three minutes seems to seal maximum points for them while full of monthlies burned remains in the originals put up with a list after playing out the one old joy craven cottage. in formula one's advance and the second straight drive a side look here's all but imminent with six races left over a lead of once again terminating the competition finishing almost town seconds ahead of mclaren rival jenson by.