the joy he shares in new delhi who took the maori babyhood to carry collection among the players of the maidan. part of the movie the radisson shift it was promised but they protest planets. good things come to those who wait after nearly two decades of torture and debate russia finally gets the green light to join the global trade system. the italian economy trembles and groans under the weight of its debt as silvio berlusconi's promise of resignation leaves the markets fearful of an impotent successor. and our russia close up series takes you to the shores of the black sea where local producers are struggling to tempt the taste buds of gourmet lovers all around the world.

five pm now here in moscow this is artsy i'm rori singh shah welcome to the program russia has finally been granted accession to the world trade organization after nearly twenty years of any negotiations a commission in geneva has finally finalized overall terms for the long awaited membership which should happen now in december laura smith now reports from switzerland. today's really been historic moments we've seen this big working group we walked into the room earlier on today to watch these final negotiations taking place there representatives from all hundred fifty three current members of the world trade organization and it resulted in them bringing down the gavel quite literally on the documents that were approved russia's accession to the world trade organization then chief russia's chief negotiator maxine made against her made what's actually quite entertaining speech about what's

a long process this is being he talked about the ups and downs the dramas and even the comedies of this process and he said at the end actually russia is not fully satisfied with this deal but his main geneva lesson that he's learned is that if no one's really happy with the deal then it means that deal is fair as far as what happens next this has been the sort of the sort of documentary approval if you like and then later on in the year in the middle of december based documents will be passed to the ministers of the world trade organization and they will then formally approve it and it's only at that moment that russia formally answers ceremonially exceeds to the world trade organization the world bank says that in the in the medium term russia's economy will grow by three percent in the long term by eleven percent as i say that process will really begin formally in december when the ministers meet and give their final approval to those documents in fact my colleague who has been looking at the advantages and disadvantages for russia's

membership of the world trade organization let's take a look at her report now. for the person on the street w two membership not be just something bill read about in the news but it will mean prices removing trade barriers between states increases competition prices will. drop and domestic companies also grow weaker with foreign markets will be not. so. workers of these metallurgical company it all looks like a win win situation their most recent project is the north stream pipeline should enter into national markets will face very little competition. and this is not so much largest loss in russia's south producing harvested russia it's what a book is full for months ahead and workers who can sponsor. the hat of the company has a rather different outlook to that of the w.

cio cheerleaders. oil and gas will be in demand even without entering the. well agriculture. group called chu will be among the hardest hit sectors but experts say the domestic automotive industry will be the one to undergo most of. the troubled mortgage on up the vase was rescued from the brink of death in the economic crisis of two thousand and eight i promise to put in with more than one billion dollars in loans cash and guarantees out the rest of the government's favorite child but not all car makers in russia are cherished this used to be a driving musket each open the 1930's most successful years were the fifty's and sixty's when hundreds of thousands of musk reach cars flooded the soviet and foreign markets after the collapse of the soviet union last creature was in

desperate need of money but the government could not afford to making proper juices and mask resource cost out. the only way to avoid the collapse of get another industrial giant experts say is to use the transition period after joining the club wisely firstly entry to the w.t. doesn't mean you instantly have to drop all customs turners and comply straight away there's a transit so-called transition period roughly seven years or so protectionist measures will apply for a number of sensitive industries which employ millions of people such as every culture timber and car making but it is certain point the state's industrial dependence will have to let go of it sounds and walk on their own two feet in the world outside but that should also be a somewhat easier place to do business in the reduction of customs tariffs and trade barriers to a more level playing field across international markets xtina grandchildren aren't

t. . i know we're always eager to know your take on the stories we're hearing about today we're asking you who will benefit most so now that russia is finally going to become a member of the world trade organization let's see how the numbers are stacking up right here at r.t. the majority think they'll be no winners as the organization only adds to the big financial mess the world's already in just less than a quarter say w.t.f. membership is actually good for russia as little boost its role in the global economy but finally it's almost equal between those who believe moscow's accession i will play into the w t o's hands that russia will actually suffer because it will be unable to cope with the competition do work to cast your vote at r.t. dot com. they'll be more news and opinion on on that topic throughout the day here at our business team is also keeping a close eye on the story that's across white house a year high yulia so what's the latest from your world. i've already has the business team is fully closely the story we've managed to talk to some of the

outskirts and most of them agree that russia's membership in the w t o will open new markets for russian goods and there's also the desire of foreign investment into the country join me in this suit in about fifteen minutes to find out which western companies will be first to cash in very good you're looking for to it so you say. you with r.t. now the italian government is verging on panic but this after silvio berlusconi's promise to resign left the country's debt interest rates soaring through the roof the situation is being exacerbated by fears that berlusconi's successor won't be able to bring the country's deeply fractured political factions together now of course one of sarah ferguson rome with more on the latest crisis. the scene this year is in crisis developed an unprecedented race and it's least being laces country that has been sucked into the debt spiral believes that might be needed if the scene is boring falls cause that's of interest and that puts it in extremely

dangerous territory now that's because most of that seven percent is the trade of ways in which he still does he says his eyelids for schooling please come to see an emergency from the usa and the i and those who see the point at which investors start looking at the countries that is with a big deficit in this league think that perhaps there is a possibility because you won't be able to pay what it would be disastrous for a country with a big. company found that about one point eight trillion here has to be a major problem now investors will say going to be looking whether the year is in has the resources to then lend says the n.b.a. eventually it's the other lenders don't have the name and that support is simply not in place a big fund the usa needs wanted to have that isn't ready because simply isn't there or not could really free a major problem prime minister berlusconi has said that he's going to be resigning

he's not telling himself that he actually felt quite relieved by that that was very very clear right now and the country is that how when the new government is going to be pulled is not going to provide a quick fix to the financial problems in the country. these are sort of further from despite the many measures taken to contain the eurozone crisis it's now grown so far as to threaten the political itself and famous mccrae the chief economics commentator for the independent newspaper says that the main priority now must be to simply salvage you itself. you can sort of see your way through just with a new good technocratic competent government initially it would sort of see your way through just for them getting by but it's kind of cut clutching at straws the big thing is to preserve the european not to preserve the euro if the euro has to

go and it's better that it should go and maybe when i say go that could be something called the euro which just applies to germany neighboring nations maybe france maybe for a rich. and it excludes italy and spain portugal and all the rest but it's difficult to do that but the bigger game is keeping something called the european union together even if it has to be a two speed europe it is not impossible that the the euro could be finished by easter. now greece has just announced its next prime minister. the former vice president of the european central bank will now take over the reins of be embattled country for his four days of hectic talks between the outgoing prime minister george papandreou and the main opposition leader on a new unity government and the incoming crimea a staunch e.u. backer must now deal with the difficult task of organizing a new government and preventing a greek default with

a dawning realisation in the e.u. that greece may already be too far gone artie's max keiser and stacy herbert offered their own rather uncensored take on the situation because reports coming your way is three thirty g.m.t. but for now i prefer. there's a fifty euro brawl currency all of your fifty euro toilet paper currency will soon be about as valuable as this toilet paper except this is all available innately printed up in this beautiful display case that you can show in your tell your kids all about what happened in europe. so you can see the cars report in two hours time here and i see from internet users have been left shocked after videos of police brutality against student protests at the university of california emerged on line they clearly show officers didn't

hesitate to use their batons to beat young activists before arresting them after they refused to dismantle their make shift camp we spoke to one witness and here's what he had to say. police approached with full force with right here and the towns we played in our guests knew they use their tongues to jab us in the stomach and everything is what they are tongs they're going people to the floor and then having them with their nightsticks with their tongs as they're on the floor. they were there for if you will cross the line and then to rest in the people that weren't doing anything they hit they hit me repeatedly on the arms on the torso in the stomach and they arrested more students and they eat the syrians repeatedly yell that we're a nonviolent peaceful protesters but they were extremely real in the attack with that with their sticks many people were injured i heard one professor professor that university was was protesting and she's in the hospital or an entire school we

pay tuition him we pay tuition that's rising every year for less services class size. and we decided it was time to take back our school and carrying out the momentum from the other occupy movements we thought this would be a good time. and our twitter feed and r t underscore com is the best way to stay fully up to date with the latest news from the protest site or how to look right now you can follow our correspondents tweets for the links to the newest video this can be found a captain of the twitter stream including a full videos of police brutality but she's always there to share them against. you with r.t. now russian space scientists are struggling to get the country's first interplanetary mission in fifteen years back on track they've been trying to reestablish a connection with the probe which was launched on wednesday it was due to head to the biggest national moon phobos technical problems that meant it became stuck in orbit more and now we're joined by peter oliver who has been closely following this

story. peter thanks for coming on the program today this really is quite a big story with a lot of angles to it what are the chances they'll be able to actually get things back on track or is this possibly one hugely expensive spends of ever well if they are to fix the problem with the probe then they're going to have to find out what the problem is in order for them to do that now at the moment the theories around which probably what problem to cause the probe to be stuck in all around the earth after its takeoff split into two camps whether it's a problem with the software of the probe or a problem with the hardware of the probe now if it's a problem with the software that's something that potentially can be fixed now one theory that's been put forward is that it's a problem with the navigation system of the probe these type of probes when they're launched initially the sun is their main focus point for navigation and then navigation system switches over towards the stars now that some people believe that

this probe has failed in switching from the sun to the stars and if they can send a software patch and upload that to the probe it should be able to go about its mission just a few days late now the big problem. i'm scum and a rise if it turns out to be a problem with the hardware now that pretty much spells curtains for the ground probe system probe mission and that means that there's going to be another problem facing ross cause more sound all the scientists behind this mission. as you're saying it could it could be a software problem that could be salvageable and then you also just mentioned just now if it's a hardware problem that could be that could be the end of the road for this phobos probe it really has all the makings of a hollywood movie you know send in some sort of rescue team to salvage this so the satellite did this this rocket and it's and it's programmed alternately now it's kind of floating dead in orbit from what i understand is its degrading orbit is coming closer to earth is it any risks this could break out is i mean if it does

have a toxic payload on board or anything like that well it is currently floating in orbit around earth and if it does prove to be a hardware problem of course i said but still the end of this mission and we don't have to face the situation of the satellite returning to earth and yes indeed it does have toxic elements on board the focus probe is contained seven tons of highly toxic fuel cause this feel was intended on sending it from earth to the moon or mars and then back to earth so there's a lot of a fuel onboard there one nasa expert is referred to the focus group as the most toxic falling satellite ever so this is a problem that lost cause most of the russian space agency are facing that they may have to come up with some kind of contingency plan to deal with a potentially toxic. problem caused by the fuel that's on pause this probe however

they do have and they are saying they have around ten days to come up with some form of contingency plan should the worst come to the worst the not be salvageable they have around ten days in order to come up with a system to make sure that it poses no threat to us here on earth peter so ten days and the clock is ticking on his correspondent rather thank you. it with r.t. now iran's supreme leader ayatollah khamenei has warned the u.s. and israel against any attack all threat of attack on the islamic republic he said tirant will respond in full force in a way that will demolish aggressors from within the ayatollahs harsh words came after the un atomic watchdogs latest report triggered calls for crippling sanctions and even possible military action the i.a.e.a. has no direct proof tara is trying to make weapons but it was enough for the u.s. and israel to sound the alarm russia has a voice of support for iran saying that any new sanctions would stall

a possible diplomatic solution the hype that followed the nuclear watchdog report is a build up to washington's long planned military campaign against iran that's the view of paul craig roberts who worked in the administration of president ronald reagan. we don't know who or what which doesn't really say anything there's no evidence and it's just some innuendo and washington we all know to spin this innuendo to try to compare the ground as they did with the right time for a military attack based on nothing in fact the reports yes there's no evidence of any diversion of it in your couturier there's some sort of hype about it working on a trigger for a nuclear bomb but everyone knows that ranch and not. enrich uranium to the extent no seriously make a bomb on baby you said they want you can enrich uranium to the stage to use for

medical isotopes they're willing to have that done outside the country it's the americans who blocked that deal so so they really don't nothing really is that then i think. and the americans are continuing to try i mean washington course to create a pretext for a military attack on iran it's part of the neo conservative agenda it's been part of the engine do it for what now but it doesn't years meanwhile russia has a stake atomic company is considering building new power generating units for iran's bushehr nuclear plant. said the suggestion came from tehran and work on the necessary agreements between the two governments has already begun the unit already operating at the power plant was also built by tom and is being supervised by the russian corp iran is as transparent as any country can be in terms of providing proof of the peaceful nature of its nuclear program so says the country's

ambassador to the international atomic energy agency. this report is not professional and not balance and he's with political motivation and under political pressure by us and couple other western countries this report has an annex are fifteen pages of the allegations and the materials which were handed over only last week to us saying the company should man there read the ten pages of the report of director general which says that all activities including a retreat are continuously under to safeguard inspection the only second part which is the annex is about the american allegation important thing is that we are particularly pretty all activities are under the i pod and you have five even hundreds of snapshot short visit unannounced inspections this is great and we two months ago invited depicted director general the i.a.e.a. to even visit the our india of sinti future enrichment can you give me any example

that any inspector being permitted to any sensibility of these men in any other part of the war twenty one minutes past the hour here in the russian capital and now we invite you to be plucked seacoast as our close up series continues to explore the most amazing corners but. and there right now this region is one of the most popular resorts for russian sport so i hope that its appeal will soon stretch further afield with food at its heart a local producers are slowly taking steps towards putting the region's riches on the world's most exquisite tables i see somebody and talk to the pioneers of the industry and found out about the hotels still to be overcome. gourmet treats from russia's coast but these luxury food producers are struggling to find a market this is the only muslim at least

a farm in the area just of the black sea coast it's run by forex scientists need to study the region's marine life back in the u.s.s.r. that when you were thrown out that way when the country collapsed science collapsed we were fired from our jobs in america research center we were good growing muscles and oysters so we approached a company and arrange for a million rubles for a start up it's a risky business with a storm capable of ruining a year's work record but without any major setbacks they can harvest twenty tons of mussels a year the problem then is trying to sell them. even on the black sea coast this is not ordinary food only the last two decades of russian started travelling abroad and seeing foreign menus so they started asking for more mussels mussels annoys those are currently very popular in russia in fact the efforts of these guys are unique here but the hoping to grow market for the underwater bounty not the only

one for a place in the table. but this has been yard and tourist center inland yanis and his family have been farming for decades he's of greek descent and helped his father establish the farm recently he decided to try and make wine changes but if we need three years to establish the vine in five years for a good product in a few years i hope we can produce great russian wine with your. the climate and weather a good for great grain here but younis is hesitant to try and make this into a proper business it's corruption that's putting him off as mature a little less like an artist painting a picture of him i wanted a serious business i'd be too scared of corrupt officials taking it from me but with a creative approach are not scared people in authority are the ones who should be kept from power they do not respect our citizens janish complains that a license to sell his wine costs one and a half million dollars far too much for

a small producer like himself this also prevents a good wine industry from developing but he still loves the region and hasn't given up hope of making up for nothing he has to there are some good great growing areas in russia this is a favorable area so if he with ortiz don't interfere we can promote our brand and prove that ours is as good as any french wine but. at the moment you have to look carefully to find local wine and mustn't produces on russia's black sea coast but who knows within a few years this region could become a center for gourmet russian dining from bottom party. to get on to the hard news stories for now though the alley up there. and i will welcome to the business program as we've been reporting russia has been

given the green light to join the world trade organization the move is expected to open new markets for russian goods but also boost the desired foreign investment into the country taken nell from morgan stanley explains which western companies will rush to cash in fast. i think it's going to be in business services it's going to be companies legal companies insurance banking that's the sort of area that will benefit because they will feel more comfortable about entering the russian market it's north might turn your key in the engine starting it takes several years for the tariff cuts to come through it takes a while to change destructive practices so i think we're looking at three to five years before you have the full impact of the obsession with the economists have calculated it was a world bank study that people refer to a lot of people out about four point three percent of g.d.p. to russia over the medium term most of that about three percent coming from this increase in investment in services and another one percent coming from increased in

russia of sports and draw nash from virally capital says while not all russian companies will benefit from the w t o in the beginning there will be a long term advantages. do w. geo is designed to bring down barriers for industries who want to invest into other countries and to russia just doesn't have land maybe new industries which are effective exporting the goods outside of the natural resource sector and has very few berries and eventually says it's really good and i think that goods coming in from the outside would put pressure on russian companies to become more efficient and as plain zero which reduces the russian companies to become more efficient and as a result of that you know goods coming in russia becoming more competitive investment coming into the country everybody benefits particularly consumers. look at the markets now well is high on speculation that europe's economy may weather that region's debt crisis brand is not trading at one hundred thirteen dollars

a barrel via lights which is already at nine to seven dollars per barrel. european stock markets a high as call makers bunks and insurance companies danger tallinn stocks are in the front as straight as i crossed that sort of change of mood a shift in road. and she in most of the markets in the black arches is up a third of the sun's bottom i sits in a spot one percent higher is a look at some of the individual share moves on the might sixth ross nafta is a solid there bond is up more than one percent the lender has reported a more than two fold increase in that front for the first time not so here got that sun to russian accounting standards food retailer mostly it is higher the company's earnings have jumped almost eight percent in january substantial. also from me for no more business stories in less than fifteen minutes time for you here on archie's so do stay with us.

a live.

band. the close up team has been to the bridges where technological breakthroughs save human lives. are she goes to the see. her unusual ways to protect nature. where farming pioneers place local cuisine to the highest pitch. and where future developments depend on the brave. russia's black sea coasts russia flows up on arches.