the archipelago an option fully utilized only by moscow that for decades has been mining coal here. coal produced here has always been pretty expansive but back in soviet times it was not an issue of economics but rather of politics moscow needed to maintain in smiling face here it is bergen at any cost but our production volumes have built just a fraction of what they used to beat. him and thieving russian presence here is still considered a matter of strategic importance this so be massless 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 an astrologer give us a simile of this 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 and here we have people here from you cream go to 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 increasing its efficiency is politically inconvenient. to take a close call money is what allows russia to. be profitable we need my three times as much calls we do now but since it's a finite. meanwhile russia has notably increased funding of scientific expeditions and spitzbergen and in africa to explore the archipelagos natural reaches. he put tama is a geologist who first arrived in barron's work in the early eighty's the collapse of the soviet union and making trade geology for business but the recent afternoon state funding allowed him to come back in the bergen is a key to all the arctic graphically it's a place where the global weather is being. logical it's a unique ground for science and nine in its mission and other minerals. it's

a place we simply can't afford to lose. and his country seems to agree at some point art the gary's book speeds durgan archipelago. coming up later i'm a new story when about six minutes from now i mean time business is next with marina stay with us she's coming up shortly.

if you knew me by the sun from france to. don't come. hello and welcome to business here on ars see the world bank says the risks of the global economy are rising and some of the risks to russia's growth the slowdown in the u.s. and that crisis are all right on the conference call me their old bank has cut its g.d.p. forecast to flirt aside from four point four percent for the sea year also high oil prices and lower inflation could help russia sustain growth. well i think that the . budgetary situation in russia is fairly favorable with the current surplus still

that probably almost doubles budget this year i think that temporary paper of a situation should be used to implement the more serious medium term fiscal adjustment to reduce the 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 sure is in the medium term a structural issue that is going to well know in russia and should be listening playmaking there perspicacious. introspection caps and general dad. for a second look at the markets now european stocks rallied after european policymakers said they were convinced greece would say in the eurozone and here and moscow the markets close on a positive note to the arts yes froze over two percent more than my subs gained almost one point four percent and here's a snapshot of that and that's movers on the my sex oil major to including fear

rallied on news that one best forty nine billion dollars in business over that stock grade class and carrier air force also and the reply after it brought back its shares for about seven million dollars and bank of moscow again more than six percent this tied or for purpose all its fears all the global recession spurred concerns over growth in many industries and the vehicle market is no exception marcus also culverts from bolds live in group here in brussels says although there are still worries that the subject for the conference call market is still very promising if you look at russia in general and for car potential there over the long run in looking at the number of cars per thousand have a prince looking at the age of the car park and definitely russia is growing we will have in russia because their car market in europe will be very pretty thirteen thirty forty so the general. it's very good in russia of course you never know when is the next the coming months the next rice 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 a market share of about eight percent and we definitely maybe we can already reach the two digits next year and into the marketplace. well it's all of us is for now the headlines are next. to. me. 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 the them it's about me to. me man brown the admission. that. jesus mobile. you. need it. now he. says this is my film i get the last word this financial crisis will not be turned off like a light switch. emission free couldn't take three months for charges three coming from and three. three stooges free.

the old free board cancelling videos for your media projects a free media gone to hard tetons on. if you just joined us a warm welcome aarti live here in moscow top stories now of course the the british and french leaders visit the libyan capital in a show of support for the new authorities just as the first signs emerge of a rift within the national transitional council. also russia says it's time to lift the un imposed a no fly zone over libya introduced to save civilians and measures criticize as being ineffective as it doesn't help those trapped in the last remaining going to be strongholds. and a blow for the billionaire who turned to politics russia's third richest man

sensationally quits as leader of the party he's headed for just three months. or for me and less than fifty minutes from now in the meantime ahead of the annual general assembly this month laci caught up with russia's ambassador to the u.n. and he gave us his views on everything from the arab spring and palestinian statehood to the possibility of new violence in kosovo that's a special interview next. down with russia's ambassador to be united. with you very much. seems certain that the united states use its veto power with there is security council to prevent any recognition of a palestinian state what. it was have before we go there let me address another issue for me because at this very moment we are facing

a possible very dangerous escalation in tension was announced by the course of our being you know sort of as and preached in are basically. northern course over by force and another very disturbing element in the situation is that the international presence is ok for the nato force. and other european award mission ulick's which are there going order to preserve peace they seem to be cooperating with their very dangerous and of course it will be and i thought it is so other division 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. dramatic images developments in the course of a but i anticipate that we're going to have. another interesting debate in the security council first of all whether to can mean that meeting or not and to me

this will be reality chip. whether indeed it is you can really counsel we in the united nations are interested in preventing disputes and peaceful mediation of situation like this so we'll we'll be following those developments and we'll see what is going to happen in the security council it's interesting you bring up cause because kosovo unilaterally declared its. 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 . the u.s. . has already been screaming. the position of the united states is very often not entirely consistent to call it mild because of the pl i like some other. western european countries they get to apply double standards from time to plan and we have

this vote several months ago on a resolution of the security council by the israeli settlements of the resolution was a some silly composed of quotes using marks of course from statements by president obama and secretary of state clinton and the united states went ahead and vetoed that resolution in the face of one hundred twenty sponsors of that resolution this is one of the problems i think trying to put in train negotiations between the israelis and the palestinians if if the israelis get this kind of unqualified support from a country which is trying to play the main mediating role in the palestinian israeli situation and then it does not really help to move matters 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 the

palestinians decide to bring matters to one of those two what is of united nations main body 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. must start between the israelis and the palestinians and although there are contacts. there are certain requirements. which are the better stadiums one 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 sure we will have a situation in the arab world is going to go i mean we'll all hope as i am sure was the hope of those who are in the front lines of the arab spring that things will

evolve towards democracy it's a great cetera but this kind of in the positive scenario is not a sure at all so you would say it's in israel's best interest right now to get out there absolutely and this is what they say too but unfortunately they come up with . various positions which are the palestinians do not regard as acceptable they don't want to do anything about the settlement activity which is extremely brisk both and that is jerusalem and on the west bank and they are quite dramatically prime minister netanyahu you will recall rejected. something which everybody thought was an obvious thing read 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 i'll

come of those negotiations should look like but. the sort of beating about the bush no too many question marks are put. the israeli vision of. their future. as neighbors of the palestinians in the neighborhood neighborhood the find themselves in and been able to exist european culture. recently united states from what's been reported are trying to push forward a resolution calling for more sanctions against syria and this is something that. the president of russia said that he's now in support of because additional pressure believes is not necessarily needed nor would it help. can you explain to me russia's position i'm in syria because it is a very dangerous it is a very dangerous situation it is a very dramatic and tragic situation and i think the russian position is reflected

very well that something which was a consensus position of the security council first of all of the statement does condone the violence by the syrian authorities excessive use of force but secondly it calls on everybody to stop 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 that over there are going on so this is exactly our line i mean it's and it's not just to the matter of pressure on the syrian government because after all in the european union the united states or the knowledge of what if you sentients against syria already they are already in place saw essentially when they are to have such a resolution in the security council they're asking us to double standard something we should 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 encouragement. or something similar to what happened in libya maybe happening in syria and they're clearly extremely destructive or consequences western colics some. plus this is not their intention to use military force well incidentally we have to remind them that with. statements and assurances from them of various sorts of honor we're working on that resolution in libya which then will very quickly forgotten in the heat of the battle in the media but let's see and of course the best scenario is that for a while and stops in syria on both sides and. those are for the announced and up at least we have a situation where the syrian government has

a line those reforms are promised those reforms unfortunately we haven't seen any indication from the opposition to be willing to enter into dialogue i mean granted they have. a say that many opposition figures. have been arrested they cannot negotiate in a situation of violence but in order to get out of the cycle of violence not to plunge the country into a major bloodshed must happen i mean we we just don't see this scenario of a regime change which some are entertaining as something which can be beneficial or which can improve in any way the communitarian or economic or social situation in syria and there have been reports that foreigners in particular are currently in ukrainian nationalists have been executed by armed forces. you

think that it's time for u.n. please keep the interval is keepers and 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 air enjoyment and the united nations now the security council is working on. the security council resolution and under the u.n. mandate will be spelled out for for libya and in that moment member there will be steps taken in order to make sure sort of the law and order system is going to be created in libya which it will which will prevent the horrible things which of allegedly happened happening but let me also tell you that we are keeping very false track of those records and at every opportunity what is there in our discussions in the security council which we are very often and are making sure

that every measure is taken. of the new only been authorities understand the responsibility. of course nothing can get all the while because the situation as you pointed out correctly square dangerous and it's chaotic when all that sort of called and called pretty beautiful is have happened including some killings of an all black people simply because they were suspected of having been cut off from mercenaries this is something which you know caused our unhappiness when we were raising our complaints on what is about the. absence or lack of proper implementation of resolution one thousand seventy three if you want to protect civilians the last thing you do is start a civil war and this is what happened let's face it and the three kept in my last question for iran as not countries and for its libyan assets how can the world be sure of it the money's been properly put in you. have that how your escape how

thoughtful claptrap of various things that are it's. first of all. those two resolutions. in the spring established the sanctions committee. when the issue of unfreezing assets came up people went to the sentence commuted so this you can counsel community and members of the security council through the sanctions committee will be able to keep prayer. to cool double check on how this money is being spent and the same sort of checks and balances are going to be also included in the new resolution of the role of the united nations in libya and on lifting the sanctions from from libya so it's not going to be a free for all process because of course tendency of those countries which is understandable who have those assets in their hands is sort of to start helping the needy and people so the danger is that too much money is going to be. you know on

the table and somewhere into the libyan sound especially on the you know the current still very unstable. circumstances and i think erica thank you very much for your time.

top stories this hour nancy the british and french leaders visit the libyan capital in a show of support for the new authorities meanwhile the people in tripoli still backing colonel gadhafi fear their devotion might cost them their lives. and russia says it's time to lift the u.n. impose a no fly zone over libya introduce to save civilians the measure is criticize as being ineffective as it doesn't help those trapped in the last remaining few strongholds. and a blow for the billionaire who turned to politics russia's third richest man sensationally quits as leader of the party he's headed for just three months. however doesn't seem to be giving up on his political ambitions as he hasn't ruled out running for the presidency next year. if not with more on those stories and

fifteen minutes from now the meantime the latest from the world of sport with kate . hello welcome to the thursday night sports round up and here are the headlines. the luck of the russians were being looked for a first group stage victory in dublin as they take on the irish side of shamrock rovers europa league this thursday night. leasing stars of the usa valued russia's thirteen sixteen frigid opening defeat on the bears and their rugby world cup debut in new zealand. and. the russian challenge cup gets underway just outside moscow with prices on the european tour but state. refers to football and to time russian champions ribena deep into the second half of their group a europa league match against shamrock rovers in dublin and because i'm side have

a comfortable three nil lead in the irish capital over three martins but the visitors ahead all to just three minutes despite not and valdez missing a penalty late in the first question of the two no a lot five minutes after the interval got their knees out of that he's added a third alter an hour before steve no donald missed the penalty for the home side three males i thought remain well look i want to represent the other russian interest in their appearance to get under way in austria against immigrants. and among the twenty four gave a statement place in the europa league receiving last season's runners up draw go are about to kick off times growing city how does he get madrid to host a scottish giant celtic german cup what a shock the trouble to sour in the remaining dressed and zidane side it's a trend they started out to now like you have in crane top moon or in greece i can plant salonica because we aren't going to lead leisure warsaw's for using our heads

which is missions like a head in syria and big spending paris sondra a come to be beating salt. meanwhile russia had made a losing start of their first ever read. where they were defeated thirty six by the usa. which reports. was a very brave and gutsy performance by the russians but in the end they lack the skill and perhaps the experience as they fell to the feet so america was a bitterly cold and wet night and then of the last sort of quite a few positives bears can take from this match against the usa your first three will cup almost going to go to stu's and. you know came from really good friends for a hard in the defense and the system was good but. to be fantastic. you know sometimes you're really under the cosh but we don't like the games leading up to this week given crucial points we stuck in there. put us in

a position really to challenge to win the game or you from draw the game at the end or russia are always going to be underdogs coming into this clash with the united states i mean i actually played the americans back in june in the churchill car where the usa run i win is just seven points but russia certainly was held by the wind and rain which is affected their strength which was playing the banks they were under huge amounts of pressure of the same periods in the first and second parts however russians could take great credit from their defensive display which kept the score line here so just seven points again under pressure in a big environment difficult to stick to systems you know i've looked at the team and we'll find out over the next three weeks to actually come across that up because the mental approach and the sport is massive top two inches when it comes to the top level is what makes the difference but tonight we saw him pause team you know mitchell sierra's defense unfortunately us exploited it once and got a try but as my heart beating 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. goalkeeping and decision making the russians could have other chance of snatching credibly unlikely victory. the truth even got confused while i was on the beach i didn't know what to do we should have scored a try another computer between east and straightforward penalty from twenty two meters and it was at that point that they couldn't understand our strength. for all their good work and approach play russia were badly led pieces especially the lineout where the americans managed number of russian for iowans 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 we must keep confidence and get back to the drawing board to morrow morning . improve the areas read mystics but also build on some fantastic things with them

tonight one of the best of starts to russia's world cup campaign as their best chance of playing a victory here in new zealand wind up in smoke about the fate of the americans there was some better news as russia was officially unveiled as the host of the two thousand and thirteen walled rugby sevens events 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 seat excess of seventy thousand fans the deputy prime minister alexander is also the president of russia the committee this is a massive boost for the game especially the sevens now becoming lympics sports of course it's really important that you can.