if. ukraine's ex prime minister a sentence of seven years in jail for abusing power when signing gas contracts with russia and the coffee clashes between his supporters and police the court's decision also got a harsh response from russia the u.s. and the e.u. when experts agree entry to the european union is now on the chiva bill for ukraine . washington accuses tehran over of terror plots as the u.s. claims its uncovered and wrongly assassination plan targeting a saudi ambassador. also is going east moscow and beijing news corp is china becomes the first country to visit after stating he will run for the presidency next year. and americans and he called the protests are targeting the societies

elite and demonstrators plan a millionaire's march to the houses of some of new york's wealthiest tycoons. live from our studios here in central moscow this is. ukraine's ex prime minister is jailed for seven years you get to michigan was found guilty of abuse of power while signing gas deals with russia two years ago and actually going to shift he was following the events from outside the court where tymoshenko supporters have been involved in scuffles with police. at times it seemed that the tension would go over the top with the supporters of you know too much of thousands of them trying to organize a march through the streets of kiev and being dispersed by the police with no real brutality but still some pushing and shoving and the situation was really explosive

still several people were injured in the pushing and shoving with the police one woman was saw as she was taken to hospital having fallen from a stage or from a staircase or something like that inside the courtroom of course it was very tense as well while the judge was reading out the verdict. was over shouting the judge was screaming abusive words at him saying that this decision this verdict was not done in accordance with the criminal law but was orchestrated by president viktor yanukovych indeed the reaction from the former prime minister when she learned that she's to spend seven years in prison have her property confiscated and to pay out almost two hundred million u.s. dollars and that was very much furious. with the retiring regime. taught me the trial showed that the constitution and justice had been trampled on i urge you to begin the struggle if you. want to protect ukraine again tarion regime.

under stand of the protest the several thousand of them will remain in central street for another week at least to follow the developments and to see whether their leader would be set free or any any other developing could happen to her emotionally as the saying all along that those deals back in two thousand and nine were signed in full chords with international law and with the two countries legislation and the reaction which we have already received from the russian foreign ministry is saying almost the same that the court which had the verdict delivered basically neglected the fact that russia believes that that the deals were signed a law fully and the verdict itself has something over anti russian pretext that is what we'd be. hearing from the russian foreign ministry clear it isn't happy with the way things are going because we know that the russian foreign minister and president medvedev have been saying that this case should be transparent and that the gas deals were completely legitimate. there and today's verdict has already

received critical reply from european union officials with calls for the e.u. to rethink its relations with ukraine analyses can you push the reports now from brussels. there's been a whole stol reaction from the people in europe here the european union's from policy chief catherine ashton says she's been following the verdict and the european union main focus reassess its whole relations with key of as a result of this verdict we've had the saying is deeply disappointed with the judge's decision and the e.u. commission i did their experience consequences from pilots relations and earlier today the european commission is the hope for a review of this of this verdict on appeal and we've wanted to see changes in ukrainian law so this sort of case calls happen again the head of the european parliament regrets the verdict all to michigan is calling for a review of the case on appeal the ukraine was to enter the european union has been discussing the free trade agreement and the ukraine president is actually due here

in brussels next week to discuss the first steps to joining the european union with the sounds we're getting here from brussels is that this may be put on hold and in fact stopped if if this case is not reviewed. for more details on this case the european union has already made it clear that if you service child regular it takes a very good you trial doesn't like to see opposition politicians which increases and i think there is every chance that the european union a chick some strong measures such as freezing the talks with ukraine strangely there is no chance at all of ukraine joining the so there were serious doubts about whether key of would actually go through with the ukraine would actually be do able to join the european union but this verdict on yulia timoshenko really seems to put the entry of ukraine into the european union in the long grass. came share from the

russia and eurasia program in chatham house says ukraine may try to use that case to review its gas agreements with russia. there is apparently a russian sub text because they are. a justification for false second alteration of a yes agreements no just save the agreements that julia temple sank or entered into a two thousand and one contract and secondly a supplementary agreement so they were illegal is utterly bizarre the post-presidential of course which. did it. when he couldn't leave her cuba courts with. april two thousand and ten he a third on the validity of the records get your lawyer to machine it will tell you it with prime minister push it so but this is one of many absurdities in this whole

drama on full washington is also condemned about it with key u.s. lawmakers saying it's an alarming new step in the deterioration of democracy in the country and on our website we're interested in your opinion on the story could hear what you have to say in there if we look onscreen we can say that we're asking you what the two machine co sentence means and we can see that about a third of the bits of clever ukrainian point to avoid paying for russian gas for eighty two percent think the verdict is simply a politically motivated mockery the rest are split between two options whether the sentence is justice well done or it's a peaceful era mocking ukraine's road to the e.u. and on to r.t. dot com and you'll say. american authorities claim they have uncovered an iranian government plot to assassinate the saudi ambassador to the u.s. washington says it's committed to holding iran accountable let's get the latest now

on this developing story from what is going to teach canberra there you are in washington tell us what exactly did the u.s. official say. well bill the u.s. attorney general explicitly said the u.s. will be holding the uranium government accountable for the plots to kill the ambassador of saudi arabia to the united states also the u.s. is accusing iran of conspiring to stage two bombings of these really embassy in washington and the embassy of saudi saudi arabia and washington and here is how the u.s. department of justice came out with those those accusations the f.b.i. and the u.s. drug enforcement agency had a respite for u.s. citizen in a sting operation he is there a month or are. u.s. investigators say the men tried to plot the assassination of the saudi ambassador to the united states and was ready to pay one and a half million dollars for the murder and for that according to the americans. turned to members of the mexican drug cartel to turn out to be undercover f.b.i.

operatives investigators say they are wired some one hundred thousand dollars to an f.b.i. undercover bank account sort of as a down payment for the assassination that he has allegedly ordered we also know that he was arrested in september this year eternal journal said the man confessed in the plot and said he was directed by high ranking you renia and officials all of those accusations to come from the u.s. justice department we don't have any comments from the. now now washington has made any secret of its own to most of you towards iran so what could be the potential fallout from today's claims. well bill it's actually interesting to watch how the u.s. media took on this story fear mongering against iran has been going on for many years now let me remind you that the state department has listed iran as a state sponsor of terror since one thousand nine hundred eighty four and it seems now the war mongering has reached a tipping point first minutes into the statement of the attorney general without

having any detail let alone prove her eggs on american mainstream channels beating the drums of war saying things like we need to step up activities to undermine their government we need to step out cooperation with saudi arabia and israel and things and other things along these lines some experts believe that undermining the government if you ran has been a long time coveted goal of the united states it's not clear how this incident will play out but it definitely makes the drums of war be louder here in washington right thanks very much and we're going to come live in washington well for more on the u.s. claims and i'll talk to an antiwar activist he's also joining us live from the states. washington says it's well known steps against iran in the next few hours what do you think could respond. well i think the united states is using this event and i and i and they have to say i think we should treat

the story by just turning general holder and the u.s. government with extreme skepticism because they do not believe this would be in the interests of iran but i think what the u.s. is planning to do is intensify sanctions and possibly prepare for some kind of military operation against iran of course invading iran i think is out of the question at this time around is a country of eighty million people with the formidable army u.s. is down in afghanistan can't really leave or doesn't want to leave iraq is carrying out a war against libya so that's a problem but i think that we can see and i think this whole event is designed to ratchet up tension confrontation economic sanctions additional pressure and growing political isolation if they can by the united states against iran abroad is a military option really a serious one. well i think that the united states has climbed the escalation ladder and whenever the escalation letter is climbed you ratchet up

an attack against the other side the other side then has to reciprocate that letter keeps getting climbed even if people don't want all out military conflict when they start climbing the ladder it can happen i think we have to really question what's going on here is it really in the interest of iran to carry out the assassination of the saudi or israeli ambassador in the heart of washington at a time when the iranian government knows the u.s. is trying to find a pretext that escalate tensions with iran i think the whole thing smacks of a fabrication so the question is why if it is a fabrication why what's the goal and the goal was to intensify pressure on iran i mean these kind of situations when it's a two sided conflict. the the possibility of military clash is definitely there sure and also of course the rain and people could actually suffer from this because i'm just reading clinton said that the u.s.

is preparing new penalties along with all the other sanctions that are against the iranians at the moment following the destruction of this alleged well i mean what do you make of that well let's go back to iraq let's see what happened in iraq during the one nine hundred ninety s. after the first gulf war and starting actually before the first gulf war there was an extension of military conflict by using economic. food and. iraqi people as a part of a coordinated operation to the grade we can be stabilized that regime and i think that's what the u.s. is intending to do punish the iranian people and in attempting stabilize the regime at the united states wants to overthrow put this in context was finally brought on if the u.s. allegations are true why would iran have the motive why would it wish to assassinate the saudi ambassador. well that's the thing let's approach this crime if it is a crime like we would like an insurance company investigator would would the first

question would ask is who is the beneficiary of the crime there's iran benefit from assassinating the saudi ambassador or the israeli ambassador in downtown washington absolutely not because they brings the country closer to war with the largest military power in the world and the only beneficiaries are the israeli regime and the united states government which once they ratchet up tensions against iran and also to change the subject because in the last months or it's been the israeli government its policies against gaza it's continuing expansion of the west bank settlements that's become the focus of worldwide condemnation now the u.s. wants to shift the anger divert the anger away from its proxy away from israel towards iran a government that they've designed for overthrow brown thanks to a promise sponsored this latest development because here we have to say antiwar activists brownback are joining us live in washington thank you well to other news now. r t russia and china of boosting corporation in

a bid to balance out the economic and political dominance of western countries prime minister vladimir putin is in beijing to solidify diplomatic ties and overcome trade hurdles. following the landmark meeting. it's important to mention that this was prime minister vladimir putin's first visit since announcing his candidacy in the upcoming presidential elections and some say it signals a change and focus for russia for many years the west took a center stage when it came to the country's political agenda but trying as economic progress has mosco look in the east both asians have supported each other throughout the years and this is related to sulfur and sea developments and security and of course they also share similar political views and that was proven just recently when both countries of the european draft the u.n. security council resolution condemning syria russia and china are also both members

of the brig's group and along with brazil india and south africa and the continued economic uncertainty in europe and the u.s. has seriously undermined their dominance of the global political stage paving the way for emergent countries like china and russian prime minister putin said the us is using as though not only as the only global reserve and that's had been and that's a fact on the financial policy. i never said the us was a parasite on the global economy but i do think it's the monopoly of the u.s. dollar as a single global currency the problem is not only for the world economy for america's economy as well because it leads to violation of financial discipline when it comes to the e.u. vladimir putin said about greece is a big problem but it could be resolved if countries weren't afraid to take action it's about russia and china should lead their reform international financial systems and that the role of the brics will become more importance on the world

stage. i think it's going to be filming existing institutions first of all i mean global financial institutions such as the international monetary fund or the world bank and you will agree that the role of the brics countries in these organizations . hopefully we got through to you but it will not be fulfilled so there is a lot of big hopes and this is plans by both primaries so that their confidence that they have established appliance will make sure that they become a reality well it is the sour in our business with kareena we explore the significance of today's meeting in china from a financial perspective. both countries have finally sorted out their long lasting rar all transportation terrorists are trying to say they were too high now twenty four and that in our business goals. some of new york's wealthiest tycoons could soon come face to face with the rage of the wall street demonstrators hundreds of activists are marching to the homes of

the elite in protest against the widening gap between the rich and the poor in america what is more important are reports from new york. these protesters say they are targeting the five wealthiest residents in new york city and the names on this target list include c.e.o. of news corp rupert murdoch and the c.e.o. of j.p. morgan chase jamie diamond there are five people as i mentioned on this list and what we're being told is between four hundred and eight hundred occupy wall street demonstrators will be visiting each of their homes so they are taking part in this demonstration today to raise awareness about their ongoing message which is that the wealthiest americans continue to reap the largest rewards while the ninety nine percent of americans working hard or struggling to work are the ones that are suffering i mean this economic crisis now occupy wall street of course is in its

fourth week we've been reporting about it since the very beginning on saturday october fifteenth there was supposed to be an international day of action against banks and that's where what you have seen transpire here in new york occupy wall street is going to basically take place from what we're being told in more than two hundred fifty cities all across the globe occupy london is claiming to demonstrate and organize outside of the british stock exchange in las vegas of course with the same message message of how corporations are influencing government decisions not only in the united states but all over the world and this is a sensually mass movement that extends far beyond the borders of the united states well to further discuss the u.s. protests i'm joined by sarah gold and she's co-founder and editor over yes magazine

joining us live in the states thanks very much indeed for being with us now is the protest spreads we now learn more if you will go home resolved riches tycoons but what will his latest tactic do for the movement. well i think every day they're looking for different ways of bringing attention to a system that is letting down so many ordinary people actually letting down the ninety nine percent and only benefiting a very very small segment of society so i think it's a way of drawing attention to that issue and going on for months now there is it having any impact i think it's more like four weeks somebody four weeks i'm sorry yes four weeks and inside after a month it's had a tremendous impact and. for starters i think an awful lot of the people who have been suffering and as a result of our very poor economy have been suffering alone and this is their first opportunity to come out and realize their it's not their fault that they're unemployed or that they're losing their homes or that they can't afford a decent education or health care they're starting to realize it's all connected to

the extraordinary power of australia when they come together and work together to said different and they're realizing that they have power so notice change so so we're not just talking what we ought to have are financial inequality but the consequences that that brings so there are a number of issues that they are protesting about yes certainly i mean every everything that is part of keeping a middle class existence intact is now under assault whether it has to do with people who are losing their homes or people who can't get decent health care change in education and so yes it's the lopsided power of the wall street and wall street all of the arts it's making it impossible now for people to get the kinds of things that we want a democracy in that we want to tell a decent standard of living well is the government listening to this is the u.s. government waking up to this and offering some sort of reaction or in any way to appease these protests are you there yes have you just lost me can you hear me can

you hear me well i think sara we might have lost our connection there sara are you there sara feingold or. no sadly what i can see is a nice smile but no voice thank you very much indeed if you can hear me you probably can't but sarah thank you all very joyous from yes magazine in the states sorry about the lack of communication there at the end and of course our correspondents are at the scene of those protests keeping across the very latest developments in one of the tweets artie's lucic of on off says crowds of chanting hey you millionaires pay your fair share but also declaring the revolution has begun you can log onto our twitter feed for fresh updates on this developing story on r.t. . well that brings us up to date for the moment i'll be back where the summer of our main news stories in a few minutes from now in the meantime the business is next with kareena stay with us live here in moscow. with.

her welcome to business here in r.t. thanks for joining me russia and china are creating a joint investment fund worth up to four billion dollars the rest of the seals in the course of prime minister putin's visit to beijing the start will be jointly run by the russian direct investment fund and the china investment corporation each has already allocated one billion dollars to the project at least seventy percent of the funds money is expected to be invested in russia and the former cia as countries. now also russia and china have finally sorted out their long lasting run over all transportation tariffs that's according to deputy prime minister. chinese c n p c underpaid russia's transit round around twenty five million dollars for supplies claiming the transportation is too high now earlier translated threatened to go to court if chinese partners didn't pay their bills and for now russian officials say all the claims are brought that will be settled however another

energy deal the long discussed gas supplies remain unresolved and the two countries town agree pricing. is most culpable. unless the build a liquid creation plan which is nobody so far they don't have a substantial interest in gas because gas is not the kind of commodity they can the need to consumers and if they can move consumers they want to be paranoid just the way ukraine was for example was there for gas for them is not the typical commodity but we will all be asleep is one of their favorite stars. let's have a look at the markets now oh prices are heading alps after declining following opec's decision to cut its global demand forecast light sweet is trading at over eighty five dollars brant is at one hundred ten dollars per barrel and stocks in

the u.s. are makes on concerns that slovakia might not approve expanding european bailout fund the dow is trading lower a day after it jumped three hundred thirty points its largest increase since august eleventh and the nasdaq is at the moment trading point seven percent in the black here he is the markets closed mostly in the red on concern over slovakia the footsie ended slightly lower way down by losses for the mining sector copper mine out of augusta was among the worst performers dropping one point six percent as copper prices fall poland several days of games all the commodity stocks posted similar losses as you raise of national resources dropped two point three percent germany's dax popped the negative trend to end point three percent and the black. and russian markets closed in the red after several consecutive sessions of growth let's have a look at some individual shammal some of my sex on majors were among them a losers would roll snapshotting more than three and a quarter of

a percent in banking stocks also remain under pressure spared by a close point seven percent that's after it reported net profit for the first nine months more than doubled to eight billion dollars. the volumes are subdued. absence of and you mean from useful. the markets are going to remain in some sort of corridor within the next month as we approach the g twenty meeting or. during which he was expected to decide how to deal with u.b.s. the troubles the most important. events in the meantime are obviously the view of the earnings season which has just begun. microswitch nations do more or less stable. time to see how companies perform and that's going to have an effect the most i want here. that's all from me in the business team here in r t thanks for watching us what we're most tori's just log on to our website r.t. dot com slash business.

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