the russian and u.s. presidents meet to discuss the most pressing issues between the countries on the sidelines of be a tax summit in a why he said he had it and obama agreed to to work on a joint approach to both iran and syria to ensure both countries meet their international obligations. the leaning tower of berlusconi finally falls be a tell him prime minister resigns after parliament approves a new austerity package intended as a last line of defense against a collapsing confidence in its economy. the arab league suspends syria recommending sanctions against the country in an effort to force president assad to end of the deadly unrest that has claimed more than three and a half thousand one. seven

o'clock in the morning live in moscow this is our team glad to have you with us let's get right to our top stories world's political and economic heavyweights are meeting in hawaii for the annual asia pacific summit russian and u.s. presidents have just wrapped up their talks and as artie's honest i see a trip in the reports the two have brought up most of the pressing issues facing the two countries including america's plans for a missile defense system in europe. definitely a lot of issues touched upon one of the mean topics of discussion was of course missile defense united states plans it's important to say that the u.s. and russia or rather russia nato agreed in november two thousand and ten to work jointly on a european missile defense project however so far there's been a stalemate because the united states has been refusing to provide russia with

legal guarantees that any such plans would not be a threat to russia and this was discussed at today's meeting between the two presidents they did see after the meeting that there is still certain disagreements when it comes to missile defense plans but talks will continue on this issue also another important topic of russia's participation and membership at the world trade organization which we as we expect to be to become of russia to become a full fledged member of the world trade organization by summer two thousand and twelve this is something that russia has been desiring since the ninety's and an important part of that is has been the issue of the jackson valley commencement hosed by the u.s. congress back in the seventy's and even though there's been a moratorium on close on this amendment all throughout the years this is created difficulties when it comes to treat between russia and the united states and the u.s. president barack obama has said today that he will start working with the u.s.

congress to cancel this amendment to get rid of it so it is no longer a cornerstone when it comes to trade between russia and the united states this is certainly very important because this is something that russia has been indicating that it would like to see happen for a very long time now in other issues the leaders have discussed syria of course with the anti-government clashes on the ground we have been hearing in the last several days from the united states saying they call for the resignation of the syrian president whereas russia has been calling for negotiations and the leaders we know did touch upon the that's the problem and other topic was of course terror on the radio. nuclear program was discussed the two leaders agreed to work together in trying to come up with a joint plan of action when it comes to ensuring that iran sticks to its obligations the apec summit is a gathering of one of the biggest gatherings in the world economic group that comprises as many as twenty one economies and in the short time that leaders have

here the two days of the summit they're focusing on the trade issues such as on lifting barriers for making the trade and investment and economic cooperation easier for countries that make up the asia pacific and this is certainly something that's been a focus here for the last day or so we also know of course that the leaders have not an evil tools what a headache what it still comes to the european financial crisis since this is something that's looming over the entire global economy and here we're hearing pushes for europe to work harder in finding solutions to the financial crisis we did hear obama the us presidency earlier that the united states is looking forward to really seeing the upcoming changes with the leadership change in italy and greece the u.s. hopes that this will give sort of an opportunity to reform and restructure the way things run in those two countries and essentially since then they have been spearheading the financial crisis to be able to create positive steps in coming up

with solutions this is something that he reiterated earlier today. later in the program we will hear more from president view of as he addresses business leaders at the apec forum stay with us for that. in syria crowds armed with sticks and knives have reportedly stormed the saudi arabian embassy in damascus and of the french and turkish consulates in the city of latakia this comes after the arab league voted to suspend to syria until a peace plan is implemented to stop the bloodshed there member states have also been urged to withdraw their ambassadors from the country and use economic and political sanctions the decision which has already received that useful backing and was praised by u.s. president barack obama came at an emergency session in cairo an overwhelming majority of member states supported the move with only lebanon and yemen voting against the director of the center for research on globalization and shell chossudovsky believes the league's move is an act of provocation orchestrated by

washington. this is not a decision to pull the arrow lee all the arab world is a decision of washington. and it is there to justify. war plans directed us against syria which already on the drawing board of the pentagon this is not a protest movement it is an armed insurrection immediately at the peace proposal of the arab league on gunman which are al qaida affiliated entities paramilitary in to trigger a new round of civilian casualties it is not to say that the government of bashar al assad doesn't bear responsibility but we must understand that the very parties

to this to this arab league the session also complicit in supporting an insurgency and armed insurgency with preview with the stabilizing syria as a nation states nato and the united states are preparing for a bill or to campaign directed against syria on the humanitarian pretext while at the same time they have supported the other big rection which has created this this process of instability i talked to even write him a professor of economics at zaytuna university in jordan says russia and china should try and curb the arab league's ambitions. it's very important for russia and china to use the veto in the security council because the arab league has said that the issue will go to the security council the international organizations namely the u.s. and the u.n. shortly what we have here is

a plan to topple the syrian regime and clearly established and they are friendly regime in that splays so we have to look at this in geo strategic terms the arab league does not represent the out of people at represents nato at this point i do not think that we can call it a revolution especially after the new revelations that there is an armed insurgency and now there are open the collaboration's by the people conducting these operations against the syrian army and against syrian security troops so now they are openly performing military operations all over the place against the syrian army and military so we have seen support from turkey from the g.c.c. and from the european union for it and i thought that encompasses economic military as well as economic political and diplomatic means and the pro-equality

occupy movement as quickly gathering pace in germany with almost twenty thousand people protesting in berlin and frankfurt protesters there waved placards and a lot of arms in it solidarity seeking to draw attention to corporate greed and creasing poverty of the masses the german occupy movement has also made significant steps in which it amazing itself having earned the support of two major political factions juta sentiment of the pro equality attack germany group believes berlin is partly responsible for europe's economic woes. it is needed to have protests and broad movements in all european countries and we know that here germany in germany . is one of the countries that course is quite a lot of the trouble we have in europe now because of the way international competition is organized germany is very often on the winning side but that means be exploited also poverty and chaplain for people and we learned during the

last years there it's very very soon taxpayers are forced to help to save the banks we learned in two thousand and eight what's happened in such a very short time when billions of euros were given to the banks if you ask people here on the streets they agree with the protests they agree with other people of the occupy movement that it is needed to go out because everybody learns that democracy is in danger but in our country too there is no perfect if how to go on if this crisis is going on further and it will it's the end of an era in italy as the country's charismatic prime minister silvio berlusconi steps down and comes out of the lower house of parliament gave its final approval to a vast new austerity package which was a precondition for his resignation the p.m.'s see though won't remain vacant for along with veteran euro credit mario monti looking take the baton from berlusconi

the public reaction so far has been mixed with some celebrating berlusconi's fall while others are weary of the future our correspondent in italy so further as all of the details. that astaire's you lot finally silvio berlusconi's fate and he stepped down as prime minister of the country now for better or worse he was certainly a character and it's going to be a massive change now that he's resigned from the post optimism certainly for a future coup what the future will be right now remains uncertain as to who the caretaker government is going to be put in place and the man is being paid for the top spot is very well respected economists here in the country very muncy he's a former commissioner he's a euro he knows the system inside and a good links with brussels this certainly a question mark over whether he's going to have the democratic legitimacy that is needed to gain public support of course or an elected government taking the reins

does raise a lot of questions was he seen these measures pass through these are just the initial steps and was as a short term measure certainly they're going to go some way to standing that panic that we saw at the beginning of the week and succumbing somewhat the fear that it was literally about to be stuck into that that we've seen a country like greece be sucked into it but of course short term measures only last so long you can really now need to look at whether whatever government now follows is going to be able to put in place long term sustainable measures to get the country out of the crisis situation that is than itself was in the virus speaking to some people in the town who were holding protests there were a couple of thousand and one of the measures that they were protesting with government spending a waste of taxpayers' money and really what they were saying was very clear is that whatever happens now and whoever takes power is really going to want to see their

politicians and the people in charge leading by example and of course they simply haven't seen under berlusconi especially in the last couple of years i mean quite the opposite in the face. quizes palace again is being perceived as just partying his way very carelessly to be a very critical time for the country. that's where the focus is turning to and the country is and has been suffering for years and this economic social and political stagnation and kick starting that is going to be a major challenge and a big part of that is going to be regaining public trust and the credibility that's been lost in recent times because without the public support these reforms simply not going to work. for us reporting for us there in milan and peter mandelson the former british secretary of state says it is incredible that market pressure on greece and italy managed to oust their respective leaders when millions of

protesters in those countries couldn't do it. well what we've seen recently in the year is there is some government not as strong as all those not taking the decisive action that they need to take frankly not getting on top of events now their elected governments it's called the difficult for democratic machinery to be used simply to take out. a government that's been democratically elected and actually what we've seen in the case i think of greece and italy we've seen the bond markets people are able to achieve what normal democratic means have not been able to do and that is to put those countries to get the governments they need at this particular time now i don't attach any value judgement to that is merely an observation that in these circumstances we've seen market to market was breaking rather more effectively than ordinary democracy. and returning to our top story now

u.s. and russian presidents have just wrapped up a bilateral talks held on the sidelines of the apec summit in hawaii and we can now cross live to one of will who were president medvedev his address and business leaders forum very squishy they're getting the podium already and sitting here our editor financial times david pilling thank you very much they've done it again the last time i can get there. and i joked that it was the only time that i'd come out with a prime minister and they would announce my name. well this time they've done it with the president so. my job to interview to introduce the president the president of russia dmitry with the with the please welcome him. now mr president you just come directly now from a meeting with barack obama can you tell us a little bit about what you discussed. yes

covering one of. the most cultured machine you have a good relationship with president obama nationals will question you that was so immediate reflected in their own radio. break it was a vision of. their recent hearing and that meeting was a good one we discussed a lot of questions. aren't and cannot win situations and he spoke about their apec summit spoke. russian without ruti own. i think president. first american president and. the most exotic africa story. he did for. russia would

already be in the w.t. oh and we would not have a situation when russia chicana me so that and as a whole range of innovations is not a member of. scotland's original problem was spoke about it. and we discussed some other things that i cannot share with you but not that i want probe you know i was about six. as you mentioned. i mean the last in recent days we've overcome a number of hurdles towards accession to the w.t. . is it now a done deal and what does it mean for russia i mean after all we saw that when china joined it it entered a new phase of its economic development i mean can we expect something similar with russia. i hope. it will be bringing in

a very good showing for the russian economy. that we were getting is when you are alone time and a whole range of russian companies sold in the face with. difficulties and concerns about. saying we believe that the material accession of pressure is right we are ready for it and. as a result as a result of the choice for muslims i hope we would be here as teacher to complete this process is that i see it as. a consequence to the russian evident russian economy. become closer to the family w t o. and has no standards of international trade that really is important for o'connor and for the whole the retail system on the other hamish i believe that was wrong you can put in rule would refuse to come improve their competitiveness of the

russian companies that is also. that is why i'm glad that it's all much ado i hope that in the near reason for the few weeks will not see any surprises and russia finally will join the club. in the w t o. c. experts from russia will have boring talks about how to finish the doha round of talks and. the russian economy is sometimes criticize if that's the right word or characterized as being too resource dependent. i mean will access into the debates here through the kind of competition that is bound to bring will that. kohls innovation more innovation in russia what what real hopes do you have the russians become a different kind of modern economy assuming the except that the kurds are as i said

in the first place. a billion dollar exertion i would say that one of the conditions today race inside the russian economy. russia is the same it is regionally country rich in an additional resources natural resource it is very good because it is the laos russia today and we cannot underestimate our attention on the other family with russia but i'm going to another country where there is only one my partner and wish should not be your based only on natural resources and their sources you wish to develop in other areas of our economy and in that sense that we are to would save their development of our economy and diversification of our companies. as normal but the main focus should be made on ourselves and not on the membership in

international going as ations. corps in order to change their position economy. could be implemented only by russian companies at the same time we count that the new economy will be born as a result of joint investment of the russian businessman. and. coming to collect all important high tech investment from other countries i'm optimistic about i'm sure that it going on in ukraine to economy will take its. place in russian economy despite the fact that for a lot of time that will be one of the may supplies of fruit or materials and engine resources of the world market. now as you mentioned you're entering a rules based system and i think it's fair to say that that some form businesses don't always associate russia with sticking by the rules i mean first of all is

that a is that a fair criticism by those companies and if it is is that now going to change to your new committee it's a fair criticism the other bush has i would say you know more to other countries they not always a base by the rules and if they are not added by usually a legal system is in operation and probably that is the main thing that we should obey the. rules of violating the most developed countries traditions of the most important thing that if there is a violation one can protect its interests and in the best issue we will have to go on to my through some developments our own traditional system isn't a ration i don't care about and snowed as diverse. as in other countries and during the recent years i was trying to pay more attention to

the development of the legal system judicial system by creating new situations that could be used for that purpose now what do you think of the c.p.p. arrangements and i mean it could look like a soon as you join one club america immediately sets up another club which will which are not invited. do you with the this new body that is being set up alongside the body that you're just joining. can usually be emotional. as. i don't understand what will be the result of this clap when it starts to operate. much of you. what is it like so far it's a bizarre except if they're kind of interesting crotchety undoubtedly well we'll

wait and see what it will be like. you're in a obviously the conference you're hosting it next year the perception is that you look very much to europe and certainly if you look at your trading patterns that would support that view trade much much more with europe than you do with asia and i guess my question is are you betting on the wrong horse i mean isn't this where the action is and there you are looking at europe shouldn't you be looking more to asia. well we're trying to look in every direction here. fresh air is located both in europe and in asia so we have attention we should have only. europe and euro zone the bismarck it survived the difficult times remains to be done would stabilize the situation somewhat so the recent g twenty summit last dedicated to the us when we discussed

the clarity of situation on the european markets we know that life in the drawing attention to valuable to the detention of the whole world is now limited only to the european crisis and unlikely will be able to resolve your problems in isolation of the global problems america discussed it australia discussed in the subtext it also discussed so depression. which the rats were obviously trying to ensure balanced about but it was sure to make sure that we're developing old lights at the moment because all of our trade with e.u. countries equals two hundred fifty billion dollars which is a lot. of attention on asia pacific region and the markets religiousness of europe of this part of the globe is no less so we have great only i'm afraid of china and many other countries that would like maybe unfortunately

all of a bilateral trade with the u.s. is limited and we raised this with president obama it's really increased to thirty billion i'm supposed to dollars have you see potential for further closer and we try to develop in that direction and we believe that it is all based on the bio balance which harmonized growth we can reach our goals and we count that the next apec summit in twenty twelve and put in a strong will help you to enforce the position of russia a trace of her. in asian markets moreover we got our regions. bigger than our in the far east up and last years developed those. in the central european powers for the pressure and hosting the summit will give impetus to their development bringing new contracts and investment i mean you raise an interesting point to me because if you look at siberia some of the towns on the on the border

with china you'd expect them to be booming but they're not. you know what what more can be done to both increase trade generally with with asia but also to to explore it will survive what is obviously you know the world's fastest biggest economy versus growing biggest economy in the world at the moment. when those of us normal well we need to create favorable conditions for everyone to work the sort of the i believe that the muslim and the russian past must is a mutual process on the other hand by partition to be open to accommodate it best when we map needs to protect them but on the other hand it's a balance meter vastest desire to invest oftentimes investors avoid on countries where the investment climate is a problem favorable but on the other hand they go to the interesting word their arms problems more than the last mechanic so there is no direct relation can really investment come to places where they are welcoming of them so our goal is to make

sure that you know russia and this particular region to create such investment climate where this is really the gas pipeline gas and oil pipeline that we've we've heard a lot about for many many years i was looking at some numbers and if i'm not mistaken i think only two percent of your fossil fuel sales go to china woman expect even this is the kind of a hungry beast that needs more energy and you have that in abundance you know it's hard to understand what's holding this up. which again and should work once and but i'm not sure about two percent no i don't want you to. have said dado but apparently chinese market is pretty much accommodate much more energy over and we are it three in a pond the matter with chinese partners three to protract gas supply for instance where i plan gas as we call it too but my chinese people report of the story to us

route west east and now at the moment we are in the process of negotiations with the chinese partners discussing conditions on our gas supply soon as we have completed negotiation mission of the main question is always the same it's the phrase yes then you know all there is will be lifted and the ball in the gas supply will be increased substantially i believe that with the paschal support of the not pipeline test plan to china is comparable to the volumes about supplies to the european part of the continent meaning western europe countries. another kind of sticking point seems to be the southern curers what the japanese call the northern territory's the four disputed islands and so any prospect of solving that problem which would of the rule well many people say that it would look kind of wave of japanese investment.