international news and comment live from a headquarters here in central moscow this is. unsolved issues in russia u.k. relations should not stand in the way of healthy and profitable cooperation that's what the leaders of the two states concluded after their meeting at the kremlin auntie's and he said now he has more on the come of the first official visit by british prime minister to russia for six years. president made of called the talks direct and constructive david cameron called them excellent the two leaders have pretty much agreed to disagree on their sticking points saying that they have to be able to move forward in other spheres especially business a lot of talk at least in the news conference a lot of questions about the lives of engage the case and how that will if it will really continue to in fact ties in just to remind you alexander litvinenko was a former russian security officer who was poisoned with polonium and died in london

diplomatic spat broke out between the u.k. and russia after that british authorities want to tax to buy russian citizen on the table go boy but according to the russian constitution in fact article sixty one which president medvedev reminded david cameron once again today doesn't allow for the russian federation to extradite its citizens to another country to be tried both sides saying that they don't want litvinenko to effect any further growth i david cameron went as far to say that the issue is not parks but we will continue to grow in other spheres let's take a listen it remains an issue between britain and russia and we haven't changed opposition about it and the russians haven't changed their position but i don't think that means that we freeze the entire relationship it's not parking an issue is just recognizing there is a disagreement that hasn't changed the two countries on changing their arrangements

because of it but we should work on our relationship beyond it so that your leaders of course work together in many different formats including the g twenty the g eight the un security council in both sides spoke about that in terms of the most pressing international issues they spoke about livia and it turns out they spent most of their time speaking about the situation in syria david cameron mentioned that he believes that that sanctions should go even further and president medvedev . to doubt that you are you would rather it doesn't think what's happening in syria is right and something needs to be done but by no means can this turn in to another libya. russia believes the resolution in syria should be tough but at the same time balance to address to both in the syrian conflict president assad and the opposition only then can such a resolution succeed should be tough but not automatically sanctions syria is already under un u.s. sanctions it doesn't need additional pressure so certainly no major breakthrough in

british russian relations but a very positive atmosphere considering that a british official at that level hasn't been in moscow on a visit like this in so long positive atmosphere lots of laughs in fact one of the last questions asked after news conferences by the b.b.c. to david cameron asking him about rumors that he was possibly recruited or attempted to be recruited into the k.g.b. back in the ninety's cameron said he doesn't think he would be a very good k.g.b. agent president needed to beg to differ david i'm pretty sure that david would be a good k.g.b. agent but in this case he would never have become the u.k.'s prime minister the official visit at this level ended on quite a light no lots of laughs there after that joke about the k.g.b. and david cameron also met with prime minister vladimir putin and members of the civil society where the focus there was on human rights and he said now reporting them to talk more on the outcome of this meeting we cross live to dr patrick fuller

whose experience in science and technology projects between the u.k. and russia. thanks so much for being with us patrick here on our team the same tone of the press conference given by medvedev and cameron was friendly and optimistic but just tell significant has this been for british business. well it's good to see isn't it that kind of light hearted note at the end and i really do hope that this signifies an ability to move on from the look of a business and and really sort of reset relations between the two countries as i understand it and i haven't seen the press conference coverage yet today but as i understand it they're announcing something like three hundred million pounds worth of business between britain and russia and that's got to be that's got to be good news because prime ministers like to go back with this kind of news it's all very very good publicist for cameron himself but i think this is this is a positive sign the proof of the pudding of course will be as we say of the eating

is it possible to maintain this kind of productive relationship and right now i guess friends in b.p. here in london must be wondering well you know what went wrong we've had problems with the relationship for some time and we tried to negotiate this deal with rosneft and so on not been successful so let's see how it pans out let's be optimistic but let's be realistic at the same time when you mention the three hundred million dollars worth of deals that the u.k. prime minister is taking back tonight from moscow to the u.k. is this a sign that the investment climate is improving here in russia bearing in mind of course the concerns over corruption and bureaucracy something of course that david cameron mentioned today. well that's right i mean that really is the key question isn't it would you choose to invest in russia can you be sure that investing in russia you're going to be able to get your money back is it actually going to be possible to do a deal that means that the money that you make the growth in the company can be

repatriated if it's required i think. the jury's still out on that one i think it's still a difficult investment climate in russia difficult from the point of view of corruption and all the other kind of problems that we know about but hopefully step by step we can move away from that we can move beyond it and start to see russia become somewhere where inward investment becomes something that people are really happy to consider let's talk more about that investment both sides have agreed to expand their cooperation in high tech now this is something that you're involved in how can the u.k. help russia fulfill its ambitious modernization program. well i think the key point here is that this is not about help it's about doing business and it's about mutual investment the u.k. provides an interesting case study for russia back in the seventy's we moved from

being a an economy where science and technology were very very disconnected from business to where we are now where we've got a high tech sector space sector for example is world leading but it's taken a long time to do that russia has taken the first steps in establishing the new business center at skolkovo establishing what is going to be i suppose a kind of silicon valley there and british involvement in that is going to be absolutely key in terms of development companies development business and helping russian high tech businesses expand outside russia into markets in europe and vice versa how does and how indeed will russia benefit the u k. oh absolutely now this is i mean this is really very exciting point a very important point but i think russia remains a kind of aladdin's cave where there are all kinds of interesting things to be

found the legacy of the soviet research institutes are first rate mathematics science and engineering education system means that there are all kinds of people ideas intellectual property that remained in russia to be discovered and exploited i think is really key to the interesting future. russia has in store in this where it will end on that positive note dr patrick fuller the founder of capital science connections joining us live in london thank you for your thoughts thank you bill. well as russia and the u.k. mull their differences over approaches to the crisis in syria moscow is steaming ahead with its efforts to mediate peace there russian lawmakers are hosting a delegation from damascus after holding talks with the opposition last week president bashar assad's advisor says her country would appreciate a fact finding mission by russian officials which moscow has promised to send any day now and the government demonstrations in syria flared up in march with the

regime responding with brutal crackdowns these two thousand six hundred people are said to be killed and russia wants the u.n. to take action and push the warring sides to dialogue and says assad needs more time to implement democratic reforms the u.s. and its allies want a more aggressive that will target have already called for assad to step down. iran's bushehr nuclear power plant has officially begun operating and is now providing electricity to the country's national grid it's the first such facility in the entire middle east region and artes and in a going to show has been following the launch in bullshitter. this is a truly historic day for iran as its nuclear power plant is joining the national energy grid it's going to start operating at thirty five to forty percent of its capacity that is the thirty five to forty percent of energy and it's going to reach the hundred percent potential within the next couple of months now this is something that has been in the making for a very long time this is a joint. venture of russia's adam story that's been vigorously helping the

construction of this nuclear power plant specially since the one nine hundred ninety eight the opening of the plant has been attended by russia's energy minister and also by the head of story expert both of whom have underlines the importance all. countries now russia's energy minister has said that all of course conducted by russia and iran should be used with international standards. in comp of parts went through difficulties and problems building plans and today we can be proud to the results that are drawing the attention of the whole world i'm sure. operating the station and developing now the nuclear energy projects will be distinguished by the atmosphere we created while working together you have to remember that this is the first nuclear power plant in the middle east so we should never underestimate its importance it's absolutely integral to iran know russia is going to supply the fuel for the power plants and it's also going to discard the fuel this is going to

continue for the next three years so russian engineers and specialists will stay at the plant will stay in iran for the next couple of years but then afterwards they will slowly handed over to they were any inside and then by two thousand and fifteen at. the plant should become fully operated by iran so like we said this is a very important venture for both iran and russia and. there are a lot of hope for this power plant which is which has just become operational in iran. and research for the school of oriental and african studies at the university of london told me earlier that he believes iran has the right for peaceful nuclear energy just like any other developed nation. we have now a decades long standoff between iran and the west. over the iranian nuclear program this has been very hyped of. the nuclear issue for political

reasons in order to be able to garner support to put pressure on iran if you cannot control or influence a country you might go for isolation and weakening of the country in the best way to do that is through economic sanctions economic sanctions and if we just listen to the most authoritative source when it comes to analyzing the iranian nuclear program which is the international atomic energy agency and if we read their reports we see that there is no evidence for any weaponization and also this is confirmed numerously and on numerous occasions by the u.s. intelligence services and very recently so as well so the world has to face that iran as other developed countries has a nuclear program which is peaceful according. to all the evidence that we have and shortly still to come to israel in growing isolation we reported on the jewish state it was

a brimming with and israeli sentiment in the wake of the arab spring. still to come but first global markets slumped on monday over fears that the city's debt crisis is worsening as the country's fifty four billion euro austerity package goes before the lower house of parliament for final debate the government plans to make changes to the way its rural communities are run but some people are beginning to lose faith in their government's ability to make the right decisions all these are the bennett went to one rebellious town that wants to break free from the rule of. welcome to filipino a small town in the middle of italy that also claims to be an independent principality and to prove it it's even started printing its own money the man on the new note says town mayor lucas a lhari now self-proclaimed prince i guess everyone dreams of being a prince when they're a little boy and so did i now i get to live that dream realty nose going solo in

protest over government plans to slash council funding it wants small towns to merge having the number of local authorities with a population of just six hundred filipino and its mayor for the chop but. it's a terrible idea because it makes economic sense we have everything here to be autonomous and besides the neighboring towns are at least thirty kilometers away so it's not practically possible it wouldn't even save that much money most regional administrations do nothing we should get rid of them instead italy's in deep debt one hundred twenty percent of g.d.p. the second highest in europe but unions a furious with the cuts accusing the government of punishing those already at their poorest even some of silvio berlusconi's own allies now oppose them with amendments piling up but filipinos fed up determined to be the next san marino a constitutional republic within italy that has no national debt

a rare thing in europe the methinks the town can live off its natural resources of wood and water but currently profits go to private companies there are constitutional hurdles but since autonomy is not illegal it could just be a matter of time at the moment these notes aren't legal tender they just souvenirs but the plan is for two theory to be worth one euro and for this to be the only currency they could be spent in the shops and restaurants here business is always been so. in this sleepy town but shopkeepers hope the new money will bring new cash . i'm sure that once we start using the new currency the economic situation here will significantly improve it will have a positive effect on tourism of course attracting more people to the town. far from being a p.r. stunt filipino means business and berlusconi knows it he's visiting the town later

this month to stave off the rebellion and he'll have a fight on his hands guillotine is the source of rome's water supply and that may is threatening to cut it off if he doesn't get what he wants either bennett r.t. filipino italy as financial worries echo deeper inside the eurozone fears are growing that greece could be heading away from the euro unable to contain its debt crisis. the editor in chief of belgium's leading business magazine the trends thinks that greece should jump ship but the greek economy is in an outright depression now g.d.p. is shrinking at the moment at seven to eight percent on an annual basis unemployment is officially at sixteen percent but in reality it's more close to twenty five percent what we hear from people from the i.m.f. informally is that the budget situation is out of control so there's no way that greek greece can escape from this situation unless there's

a somewhat orderly exit from the eurozone followed by a huge devaluation of the new greek currency i think we have passed the point now where we can argue that we can say for greece within the euro zone greece will have to act it can be organized in an orderly way but the risk is of course that there will be contagion in the direction of countries like for example portugal maybe ireland and of course i'm not even mentioning here that would be an enormous problem countries like spain. ankur is warning israel it faces growing regional isolation as the turkish prime minister arrives on a visit to egypt one is expected to cement closer ties with current with but countries experiencing recently strained relations with television on friday night a raging bulb in the egyptian capital stormed and sacks the israeli embassy staff to flee even the city to point to his refusal to apologize for killing several egyptian show soldiers by the state last month meanwhile uncreate spelled israeli

diplomats last week with his refusal to say sorry for gunning down nine turks during last year's raid on a gaza bound aid flotilla. says that the attack was a cause for war but his country chose to refrain from aggression turkish political analyst. told me i live that he feels israel shouldn't be surprised that. turned against it. in the killing of. all jews by israeli security forces. for all of the. ongoing. so that's why we have him back. among the government officials. people are very very upset. in fact the family exclusion of law in turkish activists internationally want to. what made it worse of course. and again. not really taking the necessary step.

down because not to go around killing people and especially from that line activists. took. thirty five bullets and many of the united nations could account. for indicate from a close range they were shot their people are very angry. there's been an explosion at a nuclear facility in mccool in southern france one person's been confirmed killed and several others injured the blast followed the fire in a processing area the site officials any one of a possible radiation leak but say no emissions have been detected the facility handles nuclear waste with low levels of radioactivity and paris based journalists most told me that nuclear energy is turning into a costly and a risky venture for france the french public woke up recently and decided that maybe nuclear energy is not safe that it can be dangerous that it

is vulnerable that is catastrophic you know a plant can go from an energy plant to a weapon of mass destruction you know it this is it shows my bill increasing every two years when nuclear energy was supposed to in the beginning also to be very affordable and here is france the number one supplier exporter of electricity to the world who currently has signed a contract with libya to build a nuclear plant and signed an agreement to build the biggest nuclear plant in the world in india with a record on its home soil of forty fourteen accidents and fifty one incidents. the only surviving hockey player of wednesday's locomotive your plane crashes died in hospital twenty six year old alexander died from severe burns to his body and respect retract the plane carrying russia's cage hockey team crashed in central russia last week the squad was heading to bed to reach for their first game of the

season more than one hundred thousand mourners gathered to honor the players in their hometown with ceremonies also held in the native countries of the foreign plants killed a crew member from the plane is now the only survivor of the forty five people on board to say his condition is serious but stable. when are some other news from around the world this hour the world update us says that the jazz confirmed it has detained one of colonel gadhafi son saadi is one of thirty two people close to libya's deposed leader fled there in the past ten days news comes amid ongoing fighting between rebels and loyalist troops in bani walid one of the colonel's last strongholds gadhafi supporters have ignored a rebel deadline to surrender which expired on saturday the whereabouts of libya's fugitive leader remain unknown. about a hundred people have reportedly been killed by far the pipeline and kenya's capital of nairobi all eighty were injured and rushed to nearby hospitals are said the pipeline passes through a local slum first on monday morning officials suspect some of the victims may have

been draining fuel from the pilot when the fire started. any president ali abdullah saleh has authorized his deputy to discuss a transfer of power with the opposition for his months of political turmoil triggered by massive protests against the country's long time. thousand people are believed to be killed during the clashes between anti-government activists and security forces. by the way you can access on these at any time on our website it's dot com. right now about ninety percent of afghans are unaware of the september eleventh attacks or the reasons behind their country's new decade. by u.s. forces. and russia dominates the london international film festival with multiple. which is the top award at the venice film festival.

and i'll be back with a recap of our top stories for in just a few minutes from now in the meantime a very nearly twenty five minutes past the hour marina's here with the latest business news. hello and welcome to business here on artsy deals worth more than three hundred million dollars have been signed during the visit of the prime minister david cameron to russia the relegation includes blue chip companies like royal dutch shell b.p. and british airways british d.i.y. retailer kingfisher has unveiled a plan to open a nine stores in russia with a total mess meant that could reach one hundred eighty million dollars also

engineering firm rolls royce has agreed to jointly develop nuclear power with the russian state energy for correction. and among other notable deals the russian state nanotechnology corporation is by the forty to fifty percent of the london based pro bono bio for an undisclosed amount the financial times describes the company as a new medical company launching the world's first molecular scale and then also acknowledging treatments pro bono bio plans to rest in moscow and london within four years. british oil major b.p. wants to continue doing business in russia despite its current problems in the country and that's according to a senior kremlin aide cited the british prime minister the company is stuck in legal battles with its russian partners in the joint venture t m k b b earlier this year they blocked the deal between b.p. and ross next to jointly explore the arctic and now they're seeking compensation for b.p. for breach of their shareholder agreements tony hayward the former c.e.o.

of b.p. is stepping down as a non-executive director of the and that is less than a year after taking the post. let's take a look at the markets we'll start with oil prices there are mixed as the u.s. dollar and then scaled up earlier gains a partial recovery came as the organization of petroleum exporting countries set up . some of its members could lower production as a slow economy weakens the light sweet is currently trading at around eighty eight dollars per barrel while brian's is approaching one hundred twelve dollars a barrel in the us markets are trading in the guts of territory as fears amounts over europe's debt problems that's especially after a credit rating downgrade of banks well european markets saw a heavy losses shares in theirs were under pressure after the independent commission told banks it will have to bring their arms following the credit crisis

of course european that worries weighed on the russian markets as well and this is a stunt at last week's losses in monday's trade in my stocks closed over one and a half percent down the artsy ass last more than a half percent let's take a look at some and that's movers on the my sex and the two majors the last go round with gas at an almost two percent banking stocks were also on the pressure with russia's largest lender losing over four percent but all the better ahead of its board meeting on issues that he plans to discuss a buyback of company shares from minority shareholders michael stein from financial corp says the russian market is being led by a global sentiment. russian equities are sharply lower today importing both from volatility and share price weakness from european markets which are down one average three to four percent today and it's more concerns about the fate of the euro and its more concerns about euro zone banks and stability in the markets we

see particularly weakness in the big highly liquid stocks like gas problem a spear being a metals mining stocks are also weaker as those companies are exposed to global steel prices and in a potential slowdown in demand i'd also moot today's weakness in the oil price so with oil now within one percent of its two hundred day moving average this has a few investors concerns and this is one reason why the ruble has also been weak today. well the business is fine now the headlines are next with.

the movies.

eleven thirty pm monday night in the russian capital kentucky with its top stories now this hour stronger relations for mutual benefit russia and the u.k. agreed divided opinions on the. resolution of the syrian crisis to stand in the way of the political and economic hardship. generating its first nuclear plant into the national grid the facility at bushehr was built with the help of russia will reach its full capacity at the end of the year. it's really moved closer to the center of the eurozone debt crisis as it's crucial austerity package enters the final stages triggering a new wave of protests spending cuts and much debated fifty billion euro program is aimed at balancing the country's budget and triggering growth.