and why they also met up with the retirement bit of on the sidelines of the meeting that's now crossing live to parties and stuff which is covering the summit then one of the 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 day's really bringing the most important to 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 the trade relationships between the twenty one economies the issues of lifting custom barriers creating a healthier investment climate and really trying to reach an 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 and this is really a fun occasion when they get to have a chat have a laugh to 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 apec summit so this is certainly something that he is likely to address the u.s. president to use hosting the summit is being taking your chance to meet up with these key counterparts on the sidelines of the forum understand what are the results of those meetings. well you know bill one of the key meetings of course was the bilateral talks between the russian and american presidents where they discussed a 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. she should become

a full fledged member by the summer of two thousand and twelve and the russian president really thinks 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 kind of 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 under the u.s. backed free trade zone plan that's an ambitious project and 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 saying that the 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 state 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 man. for china and would 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 on from this year's apec summit in hawaii and a little later we hope to get reaction from the states concerning the apec summit and its conclusions that's a little later here in our. while those side talks at the apec summit which were just referring to within the stars you have put the finishing touches on russia's accession to the world trade organization. experts have long debated whether membership will help diversify and strengthen the russian economy a lot and or to turn it over breaks down the arguments for. the person on the street w t o membership will not be just something they'll read about in the news but it will mean lower prices removing trade barriers between states increases competition prices of in florida goods drop and domestic companies also grow 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 raw so much the largest plant in russia's south producing harvested rushers is order 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 t o cheerleader's. our oil and gas will be in demand even without entering the. well agriculture will tumble. agriculture will be among the hardest hit sectors but experts say the domestic automotive industry will be the one to undergo most step he will. the troubled mortgage giant of the virus was rescued from the brink of death in the economic crisis of two thousand and eight by prime minister putin with more than

one billion dollars in loans cash and guarantees. that the government's favored child but not all car makers in russia are as cherished this used to be a thriving must reach open the 1930's. most successful years were the fifty's and sixty's when hundreds of thousands of my screech chorus flooded the soviet and foreign markets after the collapse of the soviet union my screech was in desperate need of money but the government could not afford to loss making car purchases and musk reach was crossed out. the only way to avoid the collapse of yet another industrial giant experts say is to use the transition period after joining the w t a wisely firstly entry to the w.t. have doesn't mean you instantly have to drop all customs tires and comply straight away 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 come 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 with a reduction of customs tariffs and trade barriers to a more level playing field across international markets exceeding the grouch over r t. well still to come this hour in r.t. ethnic tensions on the rise as 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 and on the port on the possible consequences on that coming up very soon here on. let's return to our main story this hour

and it's the final day of the apec summit in hawaii for more insight into the roles of the countries attending the apec summit we can now of course live to the c.e.o. of country risks solutions daniel wagner 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 like the country that's really shoring up the world economy is in moment 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 packet vent 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 so when we talk about china we should discount the likes of the other brics countries brazil and russia getting a much larger voice now in the running of the world economy. they are and they're also suffering the same sort of dilemma and 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're 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 that

many eyes from the west have turned east towards china saying give us some help please during this year i crisis many observers believe that charter would have stepped in and save the euro but seem a little reluctant john at the moment isn't it. well you know it seems to me that the chinese are actually being really smart their foreign minister and their finance minister 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 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 but about the pressures on the dollar at the moment a lot of talk over the last year also about the dollar being pitched as the international currency we talked a little about the pressures on the u.s. trying to maintain its significant position that in the world economy. yeah indeed

this is another interesting facet of the holy merging new world as it were. there really isn't anything that can replace the dollar right now and i think everybody knows that the 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 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 what about you with your raiola 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 and 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 i suppose that. free trade zone idea well if it worked it would be very significant but you know it's sort of like trying to get twenty two people together to dance it is very difficult to make it happen. and we're talking about these to try to do that at this time in that particular area 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 has just expressed a willingness to join the crowd but china hasn't expressed a willingness to join it and even if everyone said today that they wanted to do so it would take years in order to make it work and of and the problem of course is that everybody needs it to work right now that it's great to get your insight into this thank you very much indeed c.e.o. of country risk solutions joining us live there in the states daniel wagner thank you you thank. well to syria now where the head of russia's orthodox church is

calling for unity and an end to the bloodshed carol's visit is the latest effort by moscow to try and mediate a peace deal the move comes as the arab league decided to suspend syria's membership spotted public fury in damascus we want dozens more people are reported being killed across the country on sunday the latest wave of crackdowns on government protests author and journalist 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 said the 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 and as i understand it is advise in its own citizens to leave syria to turkey is playing a game here too and the media is playing a massive game television station al-jazeera very obviously wanting the four of us at the moment and the western media to. mario 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 so it's been quite a week over italian 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 aig commissioner mary 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 say not your usual job description certainly but everyone a very much a putting 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 that 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 that 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 of course these reforms long promised and we failed to see them be delivered safer but he faces an absolutely huge challenge ahead of him now what about the people there in italy what do these changes mean for them forget about the politicians what does it mean to the person in the street where the feeling amongst the people in italy is certainly there with silvio berlusconi resigned as prime minister and with mary monti now at the helm that it's really at least a. and the chance but 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 and these decisions have happened very quickly or has to be said this weekend but of course they have absolutely desperate right now to send the message that they are able to get a grasp on the very serious situation in the country but 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 that you're going to need democratic legitimacy he's going to need support and already there are questions about whether marymount 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 that the public supports as well because they're the ones he face these very painful austerity measures the eighty hikes pension ca's job cuts all things that a lot of economists i've spoken to said not of course conducive to goodness which is exactly what the country needs right now he's a very well respected economist in the country he's certainly going to be watching very very closely 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 super mario 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. sarah thanks very much indeed for that live update from rome marty sarath and investment advisor patrick young has told me a little earlier than this the eurozone take serious action no amount of power shifting will help solve its problems. i think the real problem here is the idea that suddenly overnight because we change the brand and the name of the man who's running over in the door of the office of prime minister we suddenly get a miraculous change in italy and the truth is italy has a huge amount of debt they need to sell that debt 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 come what may because the markets have lost faith not just in italy but in fact in europe so-called political leadership who are doing anything but lead 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 that's a disaster for everybody in the euro itself it's probably going to implode by the end of the perhaps even the end of this month unless we see some serious action. a report by the un's atomic 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 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 makers are now calling for a review of the country's cooperation with the agency iranian political scientists mohammad marandi says that the findings base i should i should say a biased and deeply flawed. the whole report itself it's based on forged documents there is absolutely nothing new in the core of all 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 toward trying to corner iran if you recall just a few weeks ago the americans made outrageous accusations about some murder plot of the sodium sort of 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 when in reality of their documents go back to two thousand and four and the previous years all i've been refuted in the past the united states has never provided that i with the documents this shows that this is basically an attempt to create. pressure and to to move public opinion against iran. e.u. police are investigating fresh clashes in northern kosovo which resulted in the

serbian man's death and two injuries gunfire broke out during a fight between the campaigns and along the course of a border late on wednesday only that day nato peacekeepers in the area used tear gas to quell resistance as they tried to dismantle the barricade and secure general says the tension has been called by kosovo's attempts to extend its control over border crossings in the dominated area. alexander package believes there's a bigger picture behind nature's actions. they've been doing it for years now and they've broken their mandate actually they're doing the job of the albanian control government to prishtina and they're doing it openly in spite of their mandate from the un which is supposed to be a peacekeeping mandate to keep to the warring sides separated this is an aggressive show of force like an occupier is sort of the peacekeepers there behind the crisis in greece they're behind a crisis in iran what we're seeing right now is the sawing of the new world

disorder and serbia is one of the flashpoints now to some of the stories from across the world in our world update the public splosion is killed six people in northwest pakistan the 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 is in the midst 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 masks 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 plant and the surrounding area remain highly radioactive. brazilian police say they've completed a massive operation to clear rio de janeiro's largest slum of drug gangs the ricin your shanty town controlled in part by local criminal groups is officially home to

seventy thousand people though some estimates say the real figure is much higher the project is aimed at cutting crime in the city ahead of the twenty fourteen football world cup and the twenty sixteen olympics. a 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 probe will crash back to worth having never reached its goal tom barton reports now from the baikonur launch station. hopes were high when the slow boss rocket was launched from the cosmodrome here in baikonur in kazakstan it was the 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 reduced stage of the rocket went ok it went up into the

orbit of earth but then problem started the second stage was supposed to commence with the cruise rockets firing that would carry the phobos 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 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 great crack back into the atmosphere the upper atmosphere is a very turbulent and that was going to throw the rocket around as it comes back but eventually it's going to have to land somewhere the hopes are but it will land somewhere in the sea but we've this is the or some kind of. cause

or. maybe some system. is the industry which we still pay attention to to the quality of four go for it approaches because. these theories were called waves. resul of these ago. sometimes they were a very tiny. piece of metal and would be of course if you were before the rocket is carrying about ten tons of very toxic and highly flammable fuel. and there's also a small amount of radioactive material in the equipment on board the chances of it landing on a populated area are very small and and so are the chances that it will cause any harm but the charms is there and that's what experts at mission control are trying to avoid. reporting that is a recap of this week's top stories in today's headlines that will be after

a short break stay with us life him. right to clean those town. squandered money.

about. what is now. more new sixty square kilometers of the mistake. and those who are still surprising new lives and finding are just. it's getting bad out here. but not saying hardly any birds squirrels you know. you know i don't know what's going on here. concrete. down the official antti up location. i pod touch from the. life on the. video. old costs and cents. beads now in the palm of your. question on the r t v dot com.

the week's top stories here on our t.v. keep powers of asia in the pacific rim agreed to stop working on

a free trade. relations russian and u.s. presidents are. using the apec summit for a meeting on the sidelines to discuss missile defense and russia's membership the world trade organization and. the debt. both. from the financial abyss and have to prove your sturdy missions to steer clear of bankruptcy and avert disaster in. the u.n. report claims iran might be seeking to obtain a nuclear weapon but. the u.s. backed smear campaign is now considering their country's cooperation. which they are calling a disappointment. centers europe for the first time we hear from the man who's been in charge of the project former german chancellor gerhard schroeder tells us now why it's so important for all sides involved that's not special interview next.