there was a time when the soviet union was feared and respected you can't turn back time that russia should also position itself as a strong state people who visit parents should feel like they've stayed russian soil. technically that's already the case russian settlements and spitzbergen have greener grass because of the several loads of black soil that was brought here from siberia in soviet times it legally treat the longest in norway and nine hundred twenty agreement guarantees its signature is the right to conduct industrial activity on the archipelago an option fully utilized only by moscow that for decades has been mining coal here. coal produced here has always been afraid to x. ponce of but back in soviet times it was not an issue of the konami's but rather of politics moscow needed to maintain in smiling face here it is bergen at any cost without production volumes have going to build just a fraction of what they used to be. one seeming russian presence here is still

considered a matter of strategic importance of the soviet markets die hard the mines equipment hasn't changed much in the last fifty years while they ask the composition of the workforce what makes a beautiful solvent nostalgia. i'm twenty seven years old so i don't have clear memories of the soviet union but i just assume its spirit is very well preserved here we have people here from ukraine central asia and we all feel like citizens of one country ironically the attitude toward the mines perfectibility is not so inherently soviet it's been a loss making venture for decades here increasing its efficiency is politically inconvenient. because all money is what allows russia to be a president's speech program profitable we needed one three times as much calls we do now but since they are finite. meanwhile russia has notably increased funding of scientific explanations and speeds burge. and then after

a few exploring the archipelagos natural reaches. you could become a is a geologist who first arrived in baron's work in the early eighty's you cannot beat you when you meet him treat geology for business but the recent afternoon state funding allowed him to come back to this beautiful moving piece bergen is a key to all the arctic geographically it's a place where the global weather is beautiful july logical it's a unique ground for science and mining its oil gas and other minerals it's a place we simply can't afford to lose. and his country seems to agree it's kind of we got our sea guerin's works peter bergen archipelago. is our hell and that kind of business update right now with our you know. hello and welcome to business here on artsy the world bank says the risks of the global economy are rising and so are the risks to russia's growth the slowdown in

the u.s. and the debt crisis are all weighing on the country's economy the world bank has college student he forecasts a four percent thought four point four percent for the same year but so high oil prices and lower inflation could help russia sustain growth. i think the. situation in russia is fairly favorable with the kurds probably almost dollars budget this year i think that temporary paper will situation should be used to implement a more serious medium term fiscal adjustment introduced in known fiscal deficit in medium term which i think would be important for russia to significantly strengthen its fiscal position over the medium term so i think the overall picture is that the short term picture is favorable but there remains serious medium term structural issues that are well known in russia and so the list of climate. infrastructure

gaps and all that. let's take a look at the markets now we'll start with oil crude prices are higher after three months employment figures in the euro zone jumped in most since the financial meltdown in sioux thousand and eight in the u.s. markets open higher extending gains into a fourth day number of applications for unemployment benefits rose last week to the highest level in nearly two months lots of investors remain confident after the european central bank said it was more than they did with the federal reserve and other stuff for bags. european stocks are rallying after european policymakers said they were convinced greece would say in the euro zone before it says that in over two percent although that says almost that and they have their sights on them here in moscow markets are echoing all sorts of sentiment in europe of the my success heading for its strongest lows in the week as the emu support for at least improves the outlook will question for

a ls about that some and that's movers on the my sax all major it seems like a v.p. is rallying on news that will impress forty nine billion dollars in business over the next decade flagship carrier air for autism a black as well and that's after it pull back its shares for about ten million dollars and bank of moscow is also on the rise and that's the spike book book of results the lenders that profit more than hall of the first eight months of the year to one hundred and six million dollars. the fears over global recession spurred concerns over growth in many industries and the vehicle markets is no exception mark is always a goal in the group here russia says although there are still worries the potential for the country's call market is still very promising. if you look at russia in general and the car potential there over the long run. it by looking at the number of cars per thousand have a tense looking at the age of the car park then definitely russia is growing there

we will have been russia the biggest car market in europe probably by twenty thirty and thirty forty so they turn a lot of is very good in russia of course you never know when is the next the coming one is to make strikes is coming so our investments are safe and we are happy with our investments so we definitely want to want to grow again in russia significantly. so currently we aim at and had a market share of about eight percent and we tacitly maybe we can already reach the two digits next year and some of the markets are. the sour the headlines are that.

like millions of americans i've lost thousands of dollars in retirement funds and i haven't had as bad as many so it's not just about them there it's about me to. me man brown the young guy at the shop. missing. the. boat on. needed. but now he. says this is my film i get the last word

this financial crisis will not be for and also like a light sweet. that's all fall foul of this is the british and french leaders visit the libyan capital in a show us of the. for the new all far seems. to read it in the national transitional council. meanwhile would marry and should be still banking panel contempt for their devotion one of them still. say russia says it's time to lift the un imposed no fly zone over libya introduced to save civilians the measure is criticized as being ineffective as it doesn't help those trapped in the last remaining doubt the strong it's. a blow for the billionaire who turns

of politics russia's the richest man since h. quits as leader of the policy he said is just three months. old however doesn't seem to be giving up on his list collaboration's as the house of ruled out running for the presidency next year. now ahead of the general assembly this he sat down with russia's ambassador to the u.n. he gave everything from the arab spring a palestinian state to the possibility of new violent. actually sitting down with russia's ambassador to the united. iraqi president it's going back to the. circle that the united states use its veto power within the security council to prevent any recognition. right

the palestinians have before we go let me a dress another issue for me because of this very moment we are facing a possible very dangerous escalation in tension was announced by the course of albany and authorities in prishtina basically to take over a northern course of a by force and another very disturbing element of the situation is that the international presence is ok for the nato force there and other european a war mission ulick's which are there going order to preserve peace they seem to be cooperating with a very dangerous plan of course of all being in a sort of a sort. of serbia here in new york has sent a letter to the president of the security council asking for an emergency meeting of the security council and russia is supporting this request in order to prevent those sort of dramatic and dangerous developments in the course of what. we're

going to have. rather interesting debates in the security council first of all whether to can mean that meeting or not and to me this will be reality check. whether indeed the security council we in the united nations are interested in preventing disputes and peaceful mediation of situations like this so we'll we'll we'll be following those developments and we'll see it work what is going to happen in the security council it's interesting you bring up cause because kosovo unilaterally declared its. court of the united states and in many european countries this was done outside the scope of the security council and it was done with the backing of the rest and yet when it comes to the palestinians. and us has already been screaming that itself the position of the united states is very often not entirely consistent to put it mildly because of the blow like some other

. western european countries and they've done to apply double standards from time to time and we have this vote several months ago on a resolution of the security council about the israeli settlements of the resolution was essentially composed of quotes without using marks of course from statements where president obama and secretary of state clinton and the united states went ahead and vetoed that resolution in the face of a one hundred twenty sponsors of that resolution so this is one of the problems i think trying to put in train negotiations between the israelis and palestinians if . the israelis get this kind of unqualified support from a country which is trying to play the main mediating wroth in the palestinian israeli situation and then it does not appear to move ahead but coming back to

your very important question it is going to be one of the. interesting challenges for the general assembly and for the security council if for the dallas. decide to bring matters to one of those two what is of the united nations i mean what is of united nations or both is the point i've been making through israeli colleagues people who have been showing up and also expressing their concern. of the situation in and around israel that also must start between the israelis and the palestinians and although there are contacts. there are certain requirements. which are the palestinians want to see for those talks to start and probably israel will see it as something being to their advantage because in my view at least sort of pressures of various sorts are going to grow in israel especially that we know we cannot be assured we will have

a situation in the arab world is going to go i mean we are all hope as i am sure was the hold of those who are in the front lines of the arab spring that things will evolve towards democracy itself right cetera but this kind of a positive scenario is a normal sure at all so you would say it's in israel's best interest right now to get back to the absolutely and this is what they say too but unfortunately they cannot poor with the various positions which are the palestinians got as acceptable they don't want to do anything about that of a settlement activity which is extremely brisk both in jerusalem and on the west bank and they were quite dramatically prime minister netanyahu you will recall rejected. something which everybody thought was an obvious thing the aeration of the proposition that a deal between the israelis and the palestinians must be based on one hundred sixty

seven borders of course with various swaps which can be negotiated so the tragedy of it all is that. at least all reasonable people seem to know. that those negotiations should look like but the. sort of beating about the bush. many question marks support. the israeli vision. of their future. as neighbors of the palestinians and in the neighborhood neighborhood the find themselves in the middle east european country. it's in the united states from what's been reported they're trying to push forward a resolution calling for more sanctions against syria and this is something that. the president of russia been treated with that said he's not in support of because additional pressure it believes is not necessarily needed nor would it help. can

you explain to russia's position on syria because it is a very dangerous it is a very dangerous situation it is a bit dramatic and tragic situation and i think the russian position is reflected really well not something which was a consensus position of the security council first of all of the statement does condone violence by the syrian resort it is excessive use of force but secondly it calls on everybody to stop the violence including the opposition and also of course for dialogue in order to resolve the differences and visions of what should happen . in syria and very importantly it calls for the government of syria to implement the reforms they ever given up so this is exactly i mean it's and it's not just for the matter of pressure on the syrian government because after all in the european union the united states or the knowledge that quite a few sentients against syria are already there already in place so essentially when they are to have such

a resolution in the security council they're asking us to rubbles them something which should they have already sort of done without asking anybody's advice on the security council but more importantly our concern is that any sanctions resolution . on syria in the security council might be seen by destructive elements of syrian opposition as sort of impotent. something similar to what happened in libya maybe happening in syria. that clearly extremely destructive or consequences western call ix. plus this is not their intention to use military force well incidentally we have to remind them that we've heard statements on assurances from them of various sorts when we're working on that resolution in libya which they will very quickly forgotten in the heat of the battle in the media but with so let's see i mean of course the best scenario is that for

a while and stops in syria on both sides and they carry all those who for they have an outstanding look at least we have a situation where the syrian government has a line those reforms promised those reforms unfortunately we haven't seen any indication from the opposition to be willing to work i mean granted they have their reasoning they say that many opposition figures. been arrested it's not the they cannot negotiate that in a situation of violence but in order to get out of the cycle of violence i'm not to plunge the country into a major bloodshed not just happen i mean we we just don't see this scenario of a regime change which some are impacting as something which can be beneficial which come improve in any way. or economic or social situation in syria and there have

been reports that foreigners in particular are currently in ukrainian nationals have been executed by armed forces. do you think that it's time for you ran peacekeepers to intervene directly escapers that you usually have when you have a cease fire arrangement and now the situation is different now hopefully the military operations are going to come to an end very soon so what will be required here's a. police our enjoyment and the united nations now the security council is working on. security council resolution and under that resolution u.n. mandate will be spelled out for libya and in that moment mandate there will be steps taken in order to make sure sort of what the law and order system is going to be created in libya which will work which will prevent the. horrible of things which of allegedly happened happening but let me also tell you that we're

keeping very horse track of those reports and at every opportunity what is there in our discussions in the security council which we have very often are making sure that every measure is taken. of the new only been a sort of understand their responsibility. of course nothing can be rolled out because the situation as you pointed out correctly is quite dangerous and it's chaotic when all that sort of called and called reclusion serve happened including some killings over an all black people simply because they were suspected of having been cut off from mercenaries this is something which. caused our unhappiness and when we were raising our complaints and what is a bold put. absence a lack of proper implementation of resolution one thousand and seventy three if you want to pick syrians the last thing you do is start a civil war and this is what happened let's face it and the three character in my

last question for iran as more countries and for its assets how can the world to sure that iran is populated by the new administration be retired not how they are as good as little clip of track of areas that separate they are first of all. those tourism options will spring stablished the sanctions committee. when the issue of the freezing assets came up people went to the sanctions committee so the security council committee or members of the security council through the sanctions committee will be able to keep track. court will double check on how the money is being spent and the same sort of checks and balances are going to be also included in the new resolution on the other all of the united nations in libya and on lifting the sanctions front from media so it's not going to be a free for all process because of course we've done see under those countries which

is understandable to have those assets in their hands and sort of to start helping them even people so the danger is that too much money is going to be pulled you know on the table and disappear somewhere into the libyan sound especially on the you know the current still very unstable. circumstances and i think it will very much. we'll. bring you the latest in science and technology from the realms. of the future.

resolution french leaders visit the libyan capital in a show of support for the new all origins jones says the following is a rift within the national transitional council and. while ordinary people in tripoli still backing down to their devotion might cause the. whole say russia says it's time to lift the un imposed no fly zone over libya introduced to save civilians the measure was criticized as being ineffective as it doesn't help those trapped in the last remaining kids out in the strongholds. and have blown through the billionaire of politics russia's richest man sensationally

quits after leader of the vase and he's headed in just three months mikhail prokhorov all of adultery is going to be giving up on is this collaboration's as the house that ruled out running for the presidency next year. ok so now the latest good to see you and it was going to be using saul was not around the rugby world cup yes it was a disappointing debut for the best against the usa the school was pretty close on that next. hello welcome to the latest sports update this evening and these are the top stories. using stars the usa and russia thirteen six to inflict an opening defeat on the bass in the world cup debut in new zealand. while the limo should remain arriving talk later for thursday's you right in the. irish side chamois

close as. possible head to head we talk exclusively to russian for we don't drive it's all it that's all you saving to get back on the podium first didn't few months . but first russia has made a losing start their first ever run new zealand where they were unable to break down the usa who won by thirteen points to six. and. it was a very brave and gutsy performance by the russians but in the end they lack the skill and perhaps experience as they fell to their feet so america was a bitterly cold and wet night in new plymouth. quite a few positives but the bears can take from this march against the usa your first for we will point you go to pause to use and. you know came from really for it hard in the defense and the system was good but the chips are absolutely fantastic.

you know sometimes really under the cosh but we unlike the games leading up to this were given crucial points so we were stuck in their. position a position really to challenge to win the game or your fault or the game. or russia are always going to be underdogs coming into this clash with the united states i mean as you played the americans back in june in the churchill car where the usa run out. points the russians certainly want to help by the wind and rain which affected their strength which was a play in the banks they were under huge amounts of pressure to sustain periods in the first and second of all russians who take great credit from bad friends of display which kept the score line here so just seven points again under pressure in a big environment difficult assists like the systems you know i've looked at the team and will find over the next few weeks who are actually coming. because the mental approach in sport is massive top two inches when it comes to the top level

is what makes the difference but tonight we saw them pause team you know mitchell sierra's defense unfortunately us exploited it once and got to try one of my hardly being in the game for the first hour and the americans really should have scored more points for me i actually managed to do. so the russians came back brilliantly in the final twenty minutes. goalkeeping and decision making the russians could about a chance of snatching credibly unlikely to jury. trial the truth of the even got confused while i was on the beach didn't know what to do should have scored a try another particularly between a straightforward penalty from twenty two meters and it was at that point that i couldn't understand what our strength was. a good working approachable a russian were badly let down of their set pieces especially the lineout the americans managed to steal number of russian from wins and that's something they'll need to improve going into their next match against the italians. didn't function

as well as we'd like scenario that we did work on but didn't go our way. conference and more and more in the line out. and prove the mistakes but also some of the fantastic things and. one of the best of starts to russia's world cup campaign as their best chance of playing a big three here in new zealand went up in smoke about the fear the americans however there was some better news as russia was officially unveiled as the host of the two thousand and thirteen rugby sevens event and events which i went along to. this could be the event that has the potential to kickstart the game of rugby and russia moscow will host the two thousand and thirteen world sevens championships of all the games taking place at the country's biggest sporting arena luzhniki stadium which can see to excess of seventy thousand fans at the deputy prime minister alexander is also the president of russia isn't it committee this is

a massive boost for the game especially of rugby sevens now becoming lympics sports . soon became. many can use. you. russian government will support. you also if you change the international rugby board is trying to expand the game's appeal from his traditional power bases such as new zealand australia france i'm the u.k. i'm been of a posse believes taking the event to russia will definitely help spread the appeal of a sport globally is a great great national sports was a great country and i'm sure that it will be a question just put to them and we are very proud of the review will keep seven to seven sorkin in moscow that we know the quality of the organization we know the dedication of the people the government and the union.