because a report on our chief. of the. this is live from moscow the latest news in the week's top stories now it's the closing day of this year's apec summit where the key powers of asia in the pacific rim of agree to start working on a free trade zone that could reports allies relations. rewriting history in europe new governments being formed and promises replaced in greece and italy as both nations race to pull back from the financial abyss. plus a un report claims iran might be seeking to obtain a nuclear weapon and slams the allegations as a u.s. backed smear campaign.

back in the past seven days top stories and the latest developments this is the weekly. the creation of a landmark free trade zone has dominated talks at this year's apec summit which brings together the leaders of asian and pacific rim countries for a host of the get together and why those are not because of on the sidelines of the meeting that's not across life to parties and stuff which is covering the summit there in honolulu it's the closing day of the summit and what is expected to come out of the meeting then this year. bill you are correct this is sunday the final day of the apec summit a two day gathering here in honolulu and this is really bringing the most important meeting of the whole affair it's one the twenty one economies get together to sit

down around a big table around table for discussion on the topics that they're hearing that they're really here for is trade relationships between the twenty one economies. the issues of lifting custom barriers creating a healthier investment climate and really trying to reach and open and free trade zone by the year twenty twenty and this is also a day when they get to mix work with some fun this is when the leaders will be gathering for a photo op when the where the national costume so we're expecting the twenty one leaders to wear some hawaiian shirts so this is really a fun occasion when they get to have a chat have a laugh at each other in the back and really give journalists an opportunity to decipher what all of their body language means and in other events today we're expecting a press conference from the russian president dmitry medvedev who will be summing up the events of the two days and of course next year it will be russia hosting the pack summit so this is certainly something that he's likely to address the u.s. president who's hosting the summit is being taken over to to meet up with his

counterparts on the sidelines of the form understand what are the results of those meetings and phone. well you know one of the key meetings of course was the bilateral talks between the russian and american presidents where they discussed whole wide range of different issues but importantly one of them was russia's accession to the world trade organization of course russia has been having a desire to join to join the w t o since one thousand nine hundred three and this is something that should be finalized and russia should become a full fledged member by the summer of two thousand and twelve and the russian president really faints the u.s. president for helping out in this whole process he did say that this is the first u.s. administration that has actually been. positive when it comes to russia's accession to the world trade organization among other issues was of course of course the issue of missile defense where there are still some disagreements between russia and the united states because russia wants the u.s. to provide some legal guarantees that the missile defense plans in europe will not

be a threat to russia's security among other issues of course iran the two leaders said that they want to have a joint. plan to make sure that tehran follows its international obligations so that's just a few of the very many topics being discussed here on the ground and that the u.s. backed free trade zone plan that's an ambitious project and if it doesn't really have the backing of the key members in that region. well you know bill this is actually a very interesting. agreement that the united states is trying to sort of push through but it's only in its first stages right now so far we have nine countries including the u.s. who have signed up to really start working on this pact a transpacific plan it's interesting that the united states has been trying to get more countries to join like you mentioned among them is of course china a major economy that's really making some here over in the united states paranoid that they might lose their sort of main spot is the number one world economy and

it's interesting that china so far has been seeing that those u.s. plans are a little too ambitious because one of the main clause of the pact in question would include basically a need for seat owned companies who are get subsidies from the government to be on the same level really as private companies and since so many industries in china are run by sort of state and equities it's really a complicated matter for china and would really require a lot of restructuring so this is something that's really for now in the first stages and just includes nine countries for now thanks very much indeed and started from this year's summit in hawaii and a little later we had to get reaction from the states concerning the apec summit and its conclusions that's a little later here in r.t. . well those sort of towards the apec summit which was just referring to within the stores here they have put the finishing touches on russia's accession to the world trade organization. experts of long debate of whether membership will

help diversify and strengthen the russian economy will often autistic or turn it over breaks down the arguments force. the person on the street w g o membership will not be just something bill read about in the news but it will mean lower prices removing trade barriers between states increases competition prices of imported goods drop and domestic companies also broke quicker with foreign markets opening up. for workers of these metallurgical company it all looks like a win win situation their most recent project is the north stream pipeline should they enter international markets they'll face very little competition. and this is lost so much the largest plant in russia south producing harvested rushers is what a book is full for months ahead and workers who conspired. but the head of the company has a rather different outlook to that of the w.

cio cheerleaders. are oil and gas will be in demand even without entering the. well agriculture will come in with. agriculture will be among the hardest hit sectors but experts say the domestic automotive industry will be the one to undergo step he will. the troubled mortgage giant up the vast was rescued from the brink of death in the economic crisis of two thousand and eight by promise to put in more than one billion dollars in loans cash and guarantees. that is the government's favorite child but not all car makers in russia are cherished this used to be a riving must reach open the 1930's most successful years what if the fifty's and sixty's when hundreds of thousands of must 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 loss making car produces a mass creature was cast out. the only way to avoid the collapse of yet another industrial giant experts say is to use the transition period of joining the w chair wisely closely entry to the w t o 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 agriculture timber and car making but at a certain point the state's industrial dependence will have to let go of its hands and walk on their own two feet in the world outside it but that should also be a somewhat easier place to do business in the reduction of customs tariffs and trade barriers to a level playing field across international markets exceeding the grand children r t

. well still to come this hour on r.t. ethnic tensions are on the rise this fierce resistance in kosovo after fresh clashes result in death and injury and a russian interplanetary spacecraft carrying tons of highly toxic fuel malfunctions during the flight an hour before the possible consequences on that coming up very soon here on r.t. . let's return to our main story now and it's the final day of the apec summit in hawaii honolulu for more insight into the roles of the countries attending the apec summit we can now cross live to the c.e.o. of country risks solutions daniel right now thank you very much mr wagner for being with us there in the u.s. let's talk about china obviously a significant member of a pack currently looking at the country that's really shoring up the world economies and by holding so much u.s. debt do you think there's already been

a major shift in global economic power. it seems pretty clear with each passing a package and other events on the global stage that china is really in the driver's seat in many respects and this is coming at an awkward time for the united states because the united states is clearly a declining power at the same time and is having trouble adjusting to what that means at the same time china is having a bit of a challenge adjusting to what it means to be a truly global player and it has in the past not really lived up to some of the expectations of some other of the world powers and it is finding its own footing in that regard of course when we talk about china we should discount the likes of the other brics countries brazil and russia getting a much larger voice now and the running of the world economy. they are and they're also suffering the same sort of dilemma that is how to how best to exercise their growing power you know brazil for example has gotten into some trouble when it's

tried to intervene in some global affairs for instance trying to help broker a deal between france and some other powers in the region i think what we are seeing is a real paradigm shift now whether it's with one of the bric countries or with indonesia with south africa with some of the lesser known emerging global powers they're all having a difficult time deciding exactly how they should enter the world stage what role they can play there and how they can have the most impact it's interesting though that many eyes from the west have turned these towards china saying give us some help please during this year a crisis that is believe that charlie and i stepped in and save the euro but seem a little reluctant china at the moment isn't it. well you know it seems to me that the chinese are actually being really smart there are foreign minister and their finance minister a basically they said in the recent past look we don't want to do what you all are doing which is basically throwing good money after bad why should we do that you

need to give us a good reason why we should throw you a lifeline and they realize that they have a great opportunity here to do so and at the same time they don't really want to do so if they're simply going to be throwing their money away so i think they're being very cautious and very sensible in taking their time before they react what about the pressures on the dollar at the moment lot of talk over the last year also about the dollar being as the international currency we talked a little larry about the pressures on the u.s. try to maintain its significant position that in the world economy. yeah indeed this is another interesting facet of the whole emerging. new world as it were if there really isn't anything that can replace the dollar right now and i think everybody knows that you want is not fully convertible on the capital in the current account certainly the euro doesn't look like it's in any position to take the lead and i mean what currency would take the lead at this point so i think in due course there will be an emerging shift and my guess is that the u.

one will ultimately take the helm but before that happens it's probably another five or ten years and the chinese are going to have to do a lot more to ensure that there's a great degree degree of confidence in the you want going forward about you would be all right i own business there in the region the apec region the asian and pacific region deal there in the states this idea of the. free trade zone just how much could that effect or indeed impact the economy in a positive way i mean we know that air of course is doing a lot better than what's going on in the west of the moment but just how significant is this suppose that. free trade zone idea well if there were it would be very significant but you know it's sort of like trying to get twenty two people together to dance it's very difficult to make it happen. we're talking about these to try to do that at this time in their particular of the world where everyone is becoming more nationalistic economically and they're less flexible they're having less interest in making bold steps it's nice to talk about it and probably half the

countries at the table will ultimately participate i understand japan is just express their willingness to join the crowd but china hasn't expressed a willingness to join it and even if everyone said today that they want to do so it would take years in order to make it work and of the problem of course is that everybody needs it to work right now that it's great to get your insight on this thank you very much indeed c.e.o. of country risk solutions joining us live there in the states daniel wagner thank you thank you. well to syria now where the head of russia's orthodox church is calling for unity and an end to the bloodshed pick truck kills visit is the latest effort by moscow to try and mediate a peace deal and we've come as the arab league decided to suspend syria's membership spot in public fury in damascus we want thousands more people reported being killed across the country on sunday and the latest wave of crackdowns on anti government protests holder and journalists actually returns he thinks the conflict in syria is being fueled from abroad and could drag on for some time. many syrian

soldiers have died in the conflict they don't normally report here they just said civilians where are they getting the weapons from lockheed martin exhibiting in the dubai air fare said profits are up they said profits are very good in the middle east at the moment what i think i fear and what many analysts may be fearing at the moment is that a saudi backed proxy war will continue and there will be an insurgency that is fighting in syria against the assad government and will continue to cause instability in syria and beyond and this will be a sort of slow burn phenomena with the united states and europe taking a kind of backseat almost and also forget that turkey has been actively involved in the even told us diplomatic self and as i understand it is advise in its own citizens to leave syria to turkey is playing a game here to the media is playing a massive game qatar's television station al-jazeera very obviously wanting the four of us out of the moment and the western media to marry a monti

a former e.u. commissioner has been appointed the head of a new caretaker government in italy to pull the country back from the financial abyss this follows the resignation silvio berlusconi who stepped down on saturday having ruled the country's prime minister for a total of ten years in three separate terms let's cross to r.t. sara for she's in rome it's been quite a weekend for talon politics with a new prime minister just appointed it's all just the beginning isn't it. absolutely the days of you feeling bad about the start of another working week on monday spare a thought for the former aide commissioner mario monti he's just been appointed by the president to form a new government and he now faces the massive task of pulling the country back from the financial abyss into which is currently staring saying not your usual job description certainly but everyone of very much a plain he's up to the job and everyone's going to be watching extremely closely to

see what the results of that will be now he's currently deciding on who will form the new cabinet around him an m.p. i was speaking to recently told me it was expected that it will not only be a government of many technocrats but also a rather small gathering around him as well that would be with the intention of creating a more streamlined more it effective government who is able to push through these are very serious reforms and can then actually have some of these achievements that have been so long awaited for in the country because these reforms long promised and we failed to see them be delivered safer but he faces an absolutely huge challenge ahead of him you know what about the peoples in italy what do these changes mean for them forget about the politicians what does it mean to the person in the street who are feeling amongst the people in italy is certainly there with silvio berlusconi resigned as prime minister and with mary muncie now at the helm

that it's really at least dance a chance certainly no one's assuming that this is going to be a quick fix to the very serious problems that the country still faces and of course is one thing to pass these measures and it's one thing to now see a caretaker government in the process of being formed a nice decisions have happened very quickly or has to be said this weekend but of course they have absolutely desperate right now to send a message that they are able to get a grasp on the very serious. actuation in the country there's still a lot to be done and these reforms actually have to be implemented and that's going to take years before you see the results of that and for that you're going to need democratic legitimacy he going to need support and already there are questions about whether mary months he's going to be able to gain that support in parliament because he's going to need that to push through these measures that's going to be very very important in the coming days and weeks also whether he's going to be able to get across the public support is hard because they're the ones he face these

very painful austerity measures that the eighty hikes pension cuts job cuts all things that a lot of economists are not of course conducive to good which is exactly what the country needs right now months he's a very well respected economist in the country he's certainly going to be watched very very closely as the man that a lot of people think is the right person to guide the country through a very tough time but as he said the task ahead of him is absolutely huge is nickname here is stephen mariano and everyone's going to be certainly hoping he's going to live up to that and he will need to deal with the challenges that lie ahead. sir thanks very much indeed for that live update from rome marty sarath and investment advisor patrick has told me a little earlier than that's the eurozone take serious action no a lot of power shifting will help it solve its problems. i think the real problem here is the idea that suddenly overnight because we change the brand name of the

man who will run the door of the office of prime minister we salute a miraculous change in little in truth is italy has a huge amount of debt they need to sell it in the very near future in order to manage to ensure that they can pay the salaries of teachers and other members of the public service and ultimately it's going to be very difficult because the markets have lost fear not just in italy but in fact in europe the so-called political leadership who are doing anything but legion and nothing is being led in europe no solutions are being made and everybody is ultimately playing politics with the livelihoods of individual workers in europe and the to disaster for everybody in the euro itself and it's probably going to include by the end of the year perhaps even the end of this month unless we see some serious action. a report by the u.n. to tonic watchdog has heightened fears this week that iran could be developing a nuclear weapon israel is now calling on the international community to act despite being an undeclared nuclear power itself but russia is stressing the need

for caution over what appears to be an inconclusive report iran's brushing the allegations aside blaming the u.s. for putting pressure on the international atomic energy agency is in our corn for review of the country's cooperation with the agency iranian political scientists agree randy says that the findings are base russians i should say are biased and deeply flawed. the whole report itself it's based on forged documents there is absolutely nothing new in the record of the documents are from the year two thousand and four and before there is a general trend to try to put iran in a corner at the top try to corner iran if you recall just a few weeks ago the americans made outrageous accusations about some murder plot of the saudi ambassador to the united states no one in the world believed it because it was so absurd this now comes right after that this report if you if you look at

the western media the corporate media they're all saying that this is new information it proves that iran is trying to produce nuclear weapons where in reality are their dark moments go back to two thousand and four and the previous years all have been refuted in the past the united states has never provided i with the documents this shows that this is basically an attempt to create. pressure and to to move public opinion against iran. he you police are investigating fresh clashes in northern kosovo which resulted in the serbian man's death into injuries gunfire broke out during a fight between a fickle preludes and along the border late on wednesday earlier that day nato peacekeepers in the area used tear gas to quell resistance as the tried to dismantle the barricade tickle the general says the tensions because by close of those attempts to extend its control over the border crossings in the dominated area. alexander public believes there's a bigger picture behind native's actions. they've been doing it for years now and

broken their man actually they're doing the job of the control government through prishtina and they're doing it openly in spite of their mandate from the u.n. which is supposed to be a peacekeeping mandate to keep the warring sides separated this is an aggressive show of force. instead of peacekeepers there behind the crisis in greece they're behind the crisis in iran what we're seeing right now is the sawing of the new world this order. serbia's one of the flashpoints. and some of the stories from across the world in our world update this public splosion is killed six people in northwest pakistan a bomb was placed in a car left unattended in the khyber province near the afghan border they want to so far claimed responsibility but officials have blamed previous violence in the area on taliban and islam is militants this comes just a day after a dozen people died during a gunfight in a mortar attack in the same region. crippled fukushima nuclear plant in japan has

opened its doors to journalists for the first time in eight months reporters had to wear protective suits and not before being allowed in the site suffered a series of meltdowns and explosions after being hit by the country's devastating earthquake and tsunami in march the plants and the surrounding area remain highly radioactive. resilin police say they completed a massive operation to clear largest slum of drug gangs the recently a shanty town controlled in part by local criminal groups it's officially home to seventy thousand people though some estimates say the real figure is much higher a project is aimed at cutting crime in the city ahead of the twenty fourteen football world cup and the twenty sixteen olympics. technical failure affecting russia's first interplanetary mission in fifteen years has dealt a huge blow to hopes of getting a better understanding of how the universe evolved there are fears that the thirteen ton focus group probe will crash back to worth having never reached its

goal at least on barton reports now from the baikonur launch station. hopes were high when the so boss rocket was launched from the cosmodrome here in baikonur in kazakstan it was good first interplanetary mission russia had launched in fifteen years and there was great hopes that it would help to reveal secrets about the red planet and about how life evolved those hopes have since turned to fears of a potential catastrophe the group stages a rocket went ok it went out into the old bits of the earth but then problems started the second stage was supposed to commence with the cruise rockets firing that would carry the slow boss spacecraft on a ten month voyage to the red planet they didn't fire what does this all mean now then it means that far from going to the red planet proboscis is most likely heading right back down to earth it's likely that it will happen about the end of

november the beginning of december the predicted date given at the moment is the twenty sixth of november as earth's gravitational field slowly pulls through this crazy back into the atmosphere the upper atmosphere is very turbulent and that was going to throw the rockets around as it comes back will eventually it's going to have to land somewhere the hopes are that it will land somewhere in the sea that we've this is he or some kind of. cause or. maybe some system coincidence or is even distribution we still pay attention to for the quality of words or in phrases. the speeds were called waves and go through which a lot of these are goes for some phones that were very tiny. piece of metal. would be of course if you will before the rocket is carrying about ten tons of very

toxic and highly flammable fuel. and there's also small amounts of radioactive material in the equipment onboard the chances of it landing on a populated area are very small and so are the chances that it will cause any harm to the charms is there and that swartz experts in mission control are trying to avoid. reporting that as a recap of this week's top stories in today's headlines a short break stay with us tonight.

what is now. more than sixty square kilometers. and those who are still rising. i'm finding are just. it's getting bad out here.

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