u.s. has been criticizing china for its trade and currency practices and as it is in a situation reports the fact that next year's summit is taking place in russia could help solve some of the biggest sticking points. it looks like a new cloudy chapter in the book of currency wars between the united states and china has certainly been opened here at the apec summit in honolulu as barack obama is seeing really mounting pressure at home to create more jobs and take a stuff a tougher stance on china he has been seeing here in honolulu that it's time for china to start playing by the rules as we know of course the united states has been incessant and demanding that china increase the value of the you on the united states believe that an undervalued currency creates an unfair competition for the united states and the u.s. presidents wants to make sure that this is something that's gotten rid of because it creates an unfair disadvantage for american businesses but china is really refusing to cooperate when it comes on the to this because they're saying it's

their sovereign right been calling for mutual respect when it comes to decision making in the global markets and mentally many analysts have by have to see been saved and standing behind china since this is a sovereign right of regulating currency china is completely fair to to abide by now it's interesting that while hu jintao has been quiet politically correct while speaking on this issue there is a tradition at apec summit where leaders get together and where national costumes for a photo opportunity it's really a fun time for leaders to talk to each other in the back and joke around but this year journalists were surprised to see that this photo op in hawaiian shirts never happened and we were hearing that this is because china was refusing to put on the one shirt so it really looks like the united states had a hard time during these last two days at apac in honolulu convincing china not only when it comes to konami issues but really issues of the wardrobe as well and this is something that many analysts are not surprised to see because the u.s.

currently doesn't have a lot of leverage when it comes to dealing with china as china of course is the largest or creditor for the united states holding over one trillion dollars in u.s. debt russia is in fact pretty excite. to host the apec summit next year in the far eastern city of lot of us stocks basically russia is not only just geographically very well strategically for the asia pacific. gathering and this big economic group because of the where it is on the world map it's really convenient in terms of reaching the goals of the group in terms of boosting trade boosting investment so on and so forth but it's also traditionally been a big mediator when it comes to certain misunderstandings between world players so this is certainly a good role that russia can play when it comes to continuing to develop the goals of the gatherings and of course last but not least you know russia's accession to the world trade organization is something that the russian federation has been ready for for quite some time for almost a decade so certainly it's been ready to go this entire time so what better time

than now to really spearhead this gathering next year as a full fledged member of the w t o and a situation of reporting there from honolulu asia pacific leaders in hawaii who are also keen to shield themselves from the fallout in the euro zone and europe itself it's all changes technocrat governments take over greece and italy in rome commissioner mario monti is starting talks to form a new cabinet to tackle dead r.t. sarah ferguson is whether leaders that no one voted for will do a better job. it was never going to be easy to put it this year at seventeen countries of which are now under one currency from the very beginning attracted fierce criticism we've witnessed the beginning of a dishonest and downright dangerous german president. to revive the constitution but to do it in such a way that you want to avoid referendums in like a member states some might now be wishing they'd heeded the warnings of one after

another the member states begin to wobble at least being the latest country to come under scrutiny we have been witnessing in the last long. growing pressure from europe and i'm talking in particular from crohn's and germany hardly the u.k. certainly the european parliament and the commission for what it's going to start but the crisis is safe in the leaders of greece and italy replaced by people who were never elected to office he knew their way around brussels and here it is really with berlusconi now gone he doesn't and paying for reforms now need to be implemented to meet tough. for the first time since the crisis began talks have now begun to turn to the possibility of exit from the year or the creation of the cool europe countries like germany seem to be leading the way but i think it's not in the best interest of the germans to keep on going with this attitude or you know

you have behaved badly we're going to punish that's not a union in united states of america if a state behaves badly imagine taxes behaving badly when you think obama's going to we're going to kick you out of united states of america no they're not going to do the cooking sense a bad year a group had a good year a great has not gone on missed by struggling countries lost it's clear that those who haven't spent less now face up to painful stereotyping measures the sense of being treated like a naughty school child any. added to the growing strain in the community it's only now sarsi because well so the say it will expose much more france and especially germany to the times there are the must be up to us to say to to express a political leadership not just for their own countries but for europe as a whole your attentions have no gold on this by the financial markets punish political leaders situating the feet in dealing with the crisis and struggling

economies like italy even the napery think the stakes italy's being considered by many the test case for the entire a year you say it fails and it could take down the entire fifth the the question now is whether or not those measures can fix whether we'll see them going the same way as previous measures put forward by european leaders who say fall fails to come up with a convincing your rescue search. italy's president believes the new government could unite the country's political forces to tackle the crisis by financial advisor patrick young says a change of leadership in rome is not a miracle cure to take it out of crisis. the real problem here is the idea that suddenly overnight because we change the brand name of the man hanging over 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 leading to more we're looking at here is you know it's a little bit like i suppose trying to govern way you're used to the idea of propelling a speedboat to run the country and in fact changing a nation is much more like captaining in the oil time current mean it takes these things several miles in order to manage to stop and turn round and it's a same with government i mean the entire lives being told until recently everything was absolutely fine there was nothing to worry about an oil of a certain middle east being told oh gosh actually we are talking we have to cut back on every possible service within government everybody is going to lose money we'd like you to just trust us the politicians who haven't obviously been telling the truth all along. on many more stories still to come this hour. in the army now

well almost tough military like discipline looks set to be introduced in some u.k. schools but will it make the young ruiz youth perfectly behaved reinvestigate also . planned budget cuts in the u.s. threatening to hit those who guarantee america's security the hardest work in just a few moments. syria has called an emergency meeting of the arab league in an attempt to reverse the decision which saw it suspended from the organization a freeze on the country's membership and accompanying sanctions received wide support from the e.u. and the u.s. and overwhelming majority of member states voted for the measure to urge president bashar al assad to stop eight months of violence but it also triggered new protests . attacks on the turkish french and saudi arabian embassies in damascus dozens more people were reportedly killed across the country on sunday in the latest wave of crackdowns on anti-government protests author and journalist our senior tansey 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 that here they just say that 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 staff and as i understand it his advisors and citizens to leave syria to turkey's big game here and 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. a three man crew bound for

the international space station has successfully lifted off from the baikonur cosmodrome and kava stand it's the first manned flight after a similar size rocket carrying an unmanned supply vessel crashed back to earth shortly after takeoff three months ago tom barton was on the launchpad for us through the swirling snow about a kilometer away three men are inside a rock is about to blast off to the international space station i'm told is on the scene longs the fall of daniel but the three crew conducting the final checks know the folding woolshed of the international space station when they get there will be spending six months but the problem still is more fuel because of the rockets that they will cool off things will become the emergency escape vehicle in july this year the u.s. retired space shuttle program and that was the story this was the only link up to

the international space station and then in all. own land supplies it cool going on a rocket failed on its descent into orbit confluent it's back to live with a whole flight of rockets were suspended and it sent shock waves through all those involved in this program so we can see the rocket taking off no i mean what all the progress to. the new. the government. and we wish them the best of luck. they should shortly be joining our executive up there for the next. tom barrett reporting there

now the u.k. plans to get tough on gang culture by opening schools worth tough army like discipline a measure was proposed in response to the riots that shook the u.k. last summer and while the plans are there is believed discipline is key critics fear it could actually alyan a problem use further i rabbanit explains as the going gets tough the tough get going army boot camps are the places set out of line it's this culture of self control the government now wants to bring into schools so it's calling on the cavalry well former soldiers to swap the front line for the front of a classroom following the riots across the u.k. the government far striking troops into teaching as a way it says to restore adults or thora see who wants to provide more male role models even giving teachers new powers to use physical force as a way to control disruptive pupils it's not

a bad thing for children to know where they stone. if they expect their side of the lie they will be punished accordingly if they stay on the right side of the line. there in the confines of the law and they will not be polished it's a line few would cross with a teacher like this afghans going to be headmaster of the new school where every teacher will be a former soldier uniform inspections and military style roll calls will be the polish of a strict routine when you can maintain discipline in a future war which is the most high pressured situation you can maintain discipline in a classroom and oldham but with corporal punishment now a step closer many fear it will push an already alienated youth further away i think they would start building their own gang as they've done towards the police now i've seen the police behave towards our kids is to gangs isn't it if you could say the police are a gang it would be the army case the kids i think they would become more unruly

this charity takes in problem people's the state system chucks out and turns their lives around according to teachers here it's about finding the right kind of stimulation rather than just cracking the whip they become a ruler because they're bored but in discipline it isn't the answer and just on the tone this is yes but actually making sure to go something at their own level for this sixteen year old that happened to be art he was expelled from school after what he'll only refer to as an incident and is still too afraid to be identified back then he was on course to fail all his exams but after just a year here he passed fourteen a far cry from someone supposedly too disruptive to teach. more discipline for children in schools do you think that would have worked for. only one. class of boring cause there's no talking it's just strict work. so you can focus

there wouldn't really want to go to the listening individual attention is the only thing that this boy's education around but with a system that prides itself on conformance see the battle could be only just beginning it's see. and you can always find more stories on our website here's a quick look at what else is lined up for you right now. even if a girl got off he had lived another one hundred years he could not have killed more people than nato did during its bombing of libya that's what one syrian diplomat believes and watch his interview in full at r.t. dot com. and in the caucuses there is no winner in the republic of south the city is voting with now one of the presidential candidates getting the required number of votes find out who's left to fight it out in the second round at r.t. dot com and watch the best radio on our you tube channel.

is. the official. video. feed. of your. little. and in an attempt to slash its huge national debt and the u.s. is looking to cut where every can even the mighty to fans budget won't escape as

the pentagon looks for a foreign fifty billion dollars in savings over the next ten years argues military contributor believes the pentagon chief should stand up for those who america's security the pants on. today when the debates about the pounds are going to cuts in the full rage and especially when america and its allies celebrate the veterans day and the end of the u.s. marine corps this provides a unique opportunity for the u.s. secretary of defense to tackle the question not what the u.s. marine corps can do for the pentagon but what he can do for the u.s. marines then here are a couple of suggestions first to exempt them marines from the sequestration and the personnel cuts all across the military services and the reason apart

from them or even corps anniversary and events day is u.s. marines can do anything and everything the u.s. army does but they do it much more effectively and efficiently now take a look at some other stories from around the globe and three friends aid workers held hostage in yemen for almost half a year have been free they were kidnapped by suspected al qaeda militants at a restaurant east of the capital in may now details have been given about the terms of the release kidnappings of foreigners are frequent in yemen but most of the hostages have been harmed. in portland police in riot gear have surrounded hundreds of occupy protesters in the central park after they ignore the victualling orders officers used to taunts and threatened arrest if the demonstrators fail to comply the protests are part of a larger movement against social and economic inequality and corporate greed in america and around the world. an

explosion has killed seven people and injured over a dozen in the northwest of china the blast ripped through a commercial building in a suburb of city and shattered windows far away from the scene witnesses believe the explosion may have been caused by a gas leak in a restaurant. one palestinian has been killed and several others wounded by an israeli airstrike on a compound in northern gaza strike targeted a naval base used by hamas the israeli military said the attack came after a rocket was fired into southern israel hours earlier and israeli commanders said the military is preparing to topple him us government. shortly will be joining our team is james brown as he goes native in his exploration of russia.

because we're telling. now our journey to the city of some are on the mighty volga river is coming your way in less than ten minutes time before that it will take a look what's happening in business with dmitri.

thanks marina good morning and welcome to business and see it's me as no other choice but to exit the euro zone and bring back its national currency even if it means they collapse of the single currency that's according to u.s. presidential aide no deal or a beginning also known as doc to do six basically to go even to spain and cyprus that have different degrees of it all the fiscal and financial difficulties . more of them are made toward us that i'm sure you'll see this private and public that's one or more of them may have your legs if the eurozone if an offer of that exhibit eurozone that backs up likely implies a breakup of the eurozone. deaths may be swallowing up to europe but here in russia the budget position is reassuringly strong however as burbank senior vice president these will get off believes there is no room for complacency the books may be

balanced but the russian economy still has a number of problems that need addressing. in russia is obviously in a very different situation we as as a whole countries russia faces challenges but they those challenges are different. and they're fairly good short term position from a fiscal standpoint there are plenty from the serbs that being said pressure remains critically dependent on commodity prices and. there is some concern over the medium term fiscal health. of the markets or oil is trading up near the highest level within one three months that's on news it's really start to build a new government and passes no steady budget easing fears over europe's debt crisis light sweet says that over ninety nine dollars per barrel this bread is a hundred fourteen and a home. in asia. big positive news from europe

financial woes and real estate firms are gaining in hong kong with this land adding six percent bag of communications adding over two percent so careless that stocks are getting a boost from news that japan's economy has grown in the third quarter following three quarters of contraction g.d.p. rose ninety six percent in the july september period. two hours ahead of the opening bell here in moscow actually half an hour left the markets closed only flat to negative news on friday the my sex last effort of a percent will be all to us ended up by just a. russian equities tracts negative global sentiment last week a deepening yours and crisis doug roles that you'll see should be yours own problems start fade significant domestic stories provide direction. if there's been some resolution in italy and it has

a prime minister in place and the markets feel more this is settled to intervene in the eurozone perhaps russia's market can focus more on in the domestic issues i think the main one of which which has been known in a slightly overshadowed this past week has been the entry into the euro in the fact that the working group has you know finalized russia's and three document and there should be a vote on it in december are following the time line russia could you know well enter the first quarter. of next year and i think that if you know the market focuses more on domestic news than this would benefit most of all russian still companies the international energy agency expects natural gas consumption to grow by fifty percent by twenty fifty five however russia is not likely to have the biggest part of that pie as china is expected to outperform it

as the world's top producer the chief of the i shares her view on new washer be russia's response to the global energy challenge if you really want to turn gas into the gas the luck if you will for the future and that's what you call the gate golden age of gas looks like then you have to do a couple of things you have to see to it that you have golden rules of expectation of gas there are some questions about the environment for instance you have to see to it that you use your gas efficiency russia has a lot of gas but it loses a lot of gas because of in efficiency if you could see to it that this gas isn't lost you've got quite a lot of gas extra to put onto the market. capsizing talks to acquire a stake in the arctic liquefied natural gas project led by russia's gas producer nova tec the project is expected to produce five million tonnes of l.n.g.

a year when production starts in twenty sixteen and will reach fifteen a million tons per year in twenty eighteen hours energy minister mohammad ali says the country is keen to take part. up on its very much interest in the investment. generally and we can you can see here money is. an important point to extend we are . still. being. picked a part to participate in the. project and we are. to be discussions in negotiation i want to put. marina's next for the headlines do stay with us if you can.

we'll. the litmus tests . subsists

to. talk about mr. unless you're watching our t.v. these are the top stories the latest summit of pacific powers in hawaii opens

a financial can of worms between the world's two biggest economies the u.s. has criticized china for its trade and currency practices called on it to play by the rules. syria seeks to reverse the arab league's decision to booted out of the organization and that growing anti regime protests which critics claim are sponsored from abroad the freeze on the country's membership received wide support from the e.u. and the u.s. . and a lasting offer for orbit a crew of three had to the international space station in russia so his rocket it's the first launch since a similar rocket carrying an unmanned supply craft crashed back to earth three months ago. well next discover russia with our team is james brown as he delves into the local life and traditions of the some are region. if you're traveling in the russian winter it's always good to head to somewhere we'll devote on the.