this is speech now with the palm of your. machine on the call. the latest some of the pacific powers in hawaii opens a financial can of worms between the world's two biggest economies. and a new twist in the currency wars between the u.s. and china as washington calls on bingeing to start playing by the rules but china is calling its own shots we'll bring you all the latest details from honolulu just ahead in the program. syria seeks to reverse the arab league's decision to booted out of the organization amid growing as a regime protest which critics claim are sponsored problem brought. and blasting off for orbit a crew of three had to the international space station first since a similar rocket carrying on an supplied craft crashed back to earth. russia's

markets create the we call for the pope to mystic notes with the obvious mind six up more than one in the hall says the financials beating the games more on the markets are mixed this is news and it's what humans. are watching i think i mean a lot from moscow where it's eleven am now marina josh welcome to the program as a gathering of the pacific rim split will any konami carry weights winds down and why it's the latest rift between the globe's two centers of financial influence which is dominating the u.s. has been criticizing china for its trade and currency practices and is our she's an associate you're going to reports the fact that next year a 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 seen really mounting pressure at home to create more jobs and take a stock the tougher stance on china he has been seeing here in honolulu that it's time for china to start playing by the rules there is a tradition at apec summit where leaders get together and where national costume for a photo opportunity is really a time for leaders to pot each other on the botched joke around but this year journalists were surprised to see that this older photo often hawaiian shirts never happened and we were hearing that this was because china was refusing to put all of the whole 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 economic 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 foreign creditor for the united states holding over one trillion dollars in

u.s. debt russia is pretty excited to host the apec summit next year in the far eastern city of lot of basically russia is not only just geographically very well strategically placed 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 trade 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 gathering 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 spare. this gathering next year a full fledged member of the w t o and

a situation reporting there from honolulu but this year for us in china continue to outline competing you can only programs hu jintao insisted on more influence for beijing as a growing power ball a bomb a zeroed in on china's trading decisions argue the time boy those lines the differences that have piled up between the two. and there isn't any here is state where the occupy movement has little chance that's probably why despite the high concentration of politicians in wall street big week socializing at the apec summit the only place people are willing to occupy here on mass of the beach is this one exception these protesters are against greed and social injustice against economic inequality and they are against china. sedan clearly the mood at the podium was similar to look hostile i think we can benefit from trade with china and i will certainly continue cultivating

a. constructive relationship with the trying his government but we're going to continue to be firm in insisting that they operate by the same rules that. everybody else operates on his political opponents were even more villager and happen to think that the. mean this chinese government will end up on the ash heap of history if they do not change their version we have to have china understand that like everybody else in the world stage their play by the rules rules rules and again rules as a country that's been ruling the roost for decades the united states has never been shy of policing others but as china's g.d.p. continues adding nine percent a year against the heat and a half percent growth in the u.s. the reprimand seems to be in china driven warm and he's one of the top ballet you can be china's be able to roll also reflected in the country's political and

economic policy if it's not that china doesn't play by the rules the factory quite the opposite but the united states seems to have an issue which is that increasingly china rules that they pretty much washington would prefer to keep it out as the u.s. president hailed his new free trade asia pacific pact as a win win to boost trade in the region some in china took it as a predator effort one of the change rules. free trade tend to be. in the eyes of the beholder. it true for you protection provided that i get the. precious. industry set. well. so it's always a dilemma. here as the euro crisis continues metastasizing throughout the world and china is asked to shoulder the load many analysts say the west should keep in mind it's all gathered about he who pays the piper 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 many chinese proverbs are difficult to translate into english those developed money usually have the exact equivalence. one of them is money makes the world go round the concept experientially familiar to washington and progressively so. it's not going to artsy at the apec summit in honolulu. or earlier i spoke to professor john do from the chinese university of hong kong and he told me political reasons in the us are driving washington's criticism of beijing it created the difficulties of for the us to raise employment rates and. the current difficulties of the us government creating jobs the fact that. you have just passed last the

competitive it's a competitive advantage in most of the traditional manufacturing industry so you you reduce their its exports to the us increasing its. other low wage emerging market countries to quote the stamp to reappraise. so these kind of debate i think the chinese leaders are quite clear. holding their try using the national interest the us presidential election is approaching. the chinese economy and they can use currency to. use their. scapegoat for us and difficult economic difficulties again. recently that's why i mean you're hearing hearing our. asia pacific leaders and why we're also trying to shield themselves from the fallout in the euro zone in europe itself it's all change as technocratic governments take over greece and italy in rome commissioner my humanity is starting talks to form

a new cabinet to tackle there are the sarah ferguson floors whether a leader is that no one voted for will do a better job of down the. it was never going to be easy put it this thought unite europe 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 would have avoided referendums in the key of member states some might now be wishing they'd heeded the warnings one after another the member states began to wobble at least being the latest country to come under scrutiny we have been witnessing in the last response. growing pressure from europe and i'm talking in particular from france and germany hardly the u.k. certainly the european parliament and the commission for what it's going to start

but this is a fast scene the leaders of greece and italy replaced by people who were never elected to office he lay their way around brussels here it is really with berlusconi now god doesn't and painful reforms now need to be implemented to meet. the first time since the crisis began talks have now begun to turn to the possibility of exits from the year or the creation of the cool euro 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 i think you know you're right you have behaved badly we're going to punish that's not a union in the united states of america if a state behaved badly imagine texas behaving badly where you think obama's going to we're going to kick you out of united states of america no they're not going to vote are becoming stenson bad year and we've had a good year it has not gone on missed by struggling countries was this clear that

they see way to spend less now face a painful story to measure is the sense of being treated like a naughty school child the. added to the growing strain in the euro community if it's only now it starts to be well so to say there will expose much more france and especially germany to the times there must be up to us to say to to express a politically defeat not just the their own countries but for europe as a whole your attentions have not called on this by the financial markets punish political leaders in their feet in dealing with the crisis and struggling economies like italy and now cools off even for the stakes it's least being considered by many the test case for the entire year if it fails and it can take down the entire fifth the big question now is whether or not those measures can fix feet whether we'll see them going the same way as previous measures put forward by european leaders who say fails to come up with

a convincing year investigate third thing. for many more stories still to come this hour including you're in the army now well almost top military like this one looks set to be introduced in some u.k. schools but will it make their unruly youth perfectly behaved we investigate also. plan budget cuts in the u.s. threaten to beat those who guarantee america's security the hardest war in just a few minutes. syria has called an emergency meeting of the arab league in an attempt to reverse the decision which saw it suspended from the organization freeze on the country's membership and accompany sanctions received wide support from the e.u. and the u.s. and i while you're jordi 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 in attacks on the turkish french and saudi arabia 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 afshin rattansi 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 it's billions where are they getting the weapons from. 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 feeling 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 faking a kind of back seat almost and also forget the turkey has been actively involved in this even though this diplomatic sort of as i understand it is advise in its own

citizens to leave syria game here to the media is playing a massive game television station al-jazeera very obviously wanting the four of us out of the moment and the western media to. as three man crew bound for the international space station has successfully lifted off from the baikonur cosmodrome in kazakstan it's the first manned flight after a similar so use rocket carrying an unmanned supply vessel crashed back to earth shortly after take off three months ago some bargain was on the launch pad for us. launch time at the baikonur cosmodrome these three men have gone up to join their colleagues on the international space station but they're late and unhappy about why it is a risky business you can never eliminate risk altogether that's that's the bargain that you make for the privilege of flying humans in space and accomplishing what they do up there on the twenty fourth of august to supply rockets engines failed on

its way up to the i assess what it plummeted back to worth with a bang it was a moment but old launches were put on hold and the worries about the safety of so is rockets now the only link to the space station crew since the last u.s. shuttle flights in july. this crew of their launch date sent back their relatives were especially noticeable to thoughts of the progress crash what do you think about your husband's launch coming up so soon. to this because. the crew themselves though accept the dangers as part of the job of those those are words of mr briggs. you know them words from. the word. this is a. list of the books and so it was the rocket was lifted into place on its launch pad we can see the rockets taking off with what's appropriate.

with a deep sighs of relief all watched as the rocket blasted successfully into orbit leaving the crew to experience what you call the rest of us a retreat without. the government to move them simmer. on the boards of live most phones and live for. hours. for that view and for man's future in space they say the risk is worth it. tom barton r.t. . while the u.k. plans to get tough on gang culture by opening schools with strange an army like discipline the measure was proposed in response to the riots that shook the u.k. in the summer and while the plans are others believe this one is key critics fear it could actually arion a problem use further are bad 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 in to schools so it's calling on the cavalry will former soldiers to stop the front line at the front of a classroom following the riots across the u.k. the government striking troops into teaching as a way it says to restore adults or thorazine wants to provide more male role models even giving teachers new powers to use physical force as a way to control disruptive peoples it's not a bad thing for children to know where those phone. if they step this side of the lie they will be punished accordingly if they stay on the right side of the line that there is 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 the future war which is the most high pressured situation you can maintain discipline in a classroom and all them 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 gone through all the police now i think behaved towards our kids is to gangs isn't it you could say the police are a gang it would be the army i think would be more unruly it is generally takes in problem peoples 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 it become unruly because the board putting discipline in isn't the answer just on its own this is yes but at making sure it was 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 and passed fourteen a far cry from someone supposedly too disruptive to teach. more discipline for children in schools he met would have worked for. one of the. class of portland as district works. so you can focus on the. we do want to do list and individual attention was the only thing that turned this boy's education around but with the system the broad cell phone conformance he could be only just beginning other than its own. well you know always find more stories on our website r.t. dot com here's a quick look at what else is waiting for you there today if even a threat or colonel gadhafi had lived another one hundred years could not have

killed more people than you did during its bombing of libya that's what one syrian good one i believe watch his interview in full at r.t. dot com. in the caucuses there is no winner in the republican south the city's first round of voting was that none of the presidential candidates getting the required number of votes find out who's left to fight it out in the second round. one person is not accounted for and another is in a critical condition after a fire on a cruise ship in moscow thirty one people were on board when the fire broke out in the early hours of monday morning most escaped unharmed with four reporting injuries the missing person is reportedly a crew member faulty wiring or a careless handling a fire is thought to have caused the blaze on a ship which was renovated in two thousand and three this is not the first incident on the water in russia this year in july nine people died one of both collided with a barge and sank in moscow also in july the pleasure cruiser bulgaria saying i'll

have all the river in central russia being over one hundred twenty dead in an attempt to slash its huge national debt the u.s. is looking to cut wherever it can even the mighty defense budget won't escape reza pentagon looks for four hundred fifty billion u.s. dollars in savings over the next ten years are his military contributor believes the pentagon chief should stand up for those america's security to pans out. today when they debate about their plans are going to cuts in the full rage band desperation leave when america and its allies celebrate the veterans day and the enter a very serene 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 and here are a couple of suggestions first to exempt them marines from this sequestration and that personnel cuts all across the military services and the reason apart from the marine corps anniversary and the grads day is u.s. marines can do anything and everything the u.s. army is but they do it much more effectively and efficiently. now take a look at some of the stories from around the world an explosion has killed seven people and injured over a dozen in the northwest of china a blast ripped through a commercial building in a suburb city and shattered windows far away from the scene witnesses believe the explosion may have been caused by a gas leak in a restaurant. three french aid workers held hostage in yemen for almost half a year or have been free they were kidnapped by suspected al qaeda militants at

a restaurant east of the capital in may no details have been given about the terms of the release kidnappings of foreigners are frequent and yemen but most of the hostages have been freed on harmed. or in portland police in riot gear and have surrounded hundreds of occupy protesters in central park after they ignored eviction orders officers used the taunts and threatened arrests if the demonstrators failed to comply the protagonists are a part of the larger movement against social and economic inequality and corporate greed in america and around the world. one palestinian has been killed and several others wounded by an israeli air strike on a compound in northern gaza a strike targeted naval base used by hamas israeli military seventy attack came after rocket was fired into southern israel hours earlier and israeli commanders said the military is preparing to topple the hamas government. and in just a few minutes we discuss iran's nuclear plans and why the west feels threatened

before that it will take a look what's happening in the world of business with dmitri. thanks marina good morning and welcome to business this is he has no other choice but to exit the euro zone and bring back its national currency even if it means the collapse of the euro service says u.s. president. six come face to face up to the heat the respect the site visits at different degrees of figure all the fiscal and the trying to figure this. one or more of a major tourist route to use this private and public that's one or more of them may have to exhibit a euro zone if enough of them like the euro zone that that's ok believe it lies a breakup there was a well that may be strangling europe but here in russia the budget position is

reassuring very strong however as burbank senior vice president these were growth believes there is no room for complacency in the books maybe balance balanced but the russian economy still has a number of problems that need interest. in russia is obviously in a very different situation we as as all countries russia faces challenges but they those challenges a different reality. and a fairly good short term position from a physical standpoint there are plentiful reserves. being said bush remains critically dependent on commodity prices and. there is some concern over the medium term fiscal have. a look at the markets now will is trading near the highest level in more than three months that's on news italy has started building a new government and passes on and hysterically project easing fears or be europe's debt crisis and light sweet is trading at still over ninety nine dollars per barrel brant is up half of those. in asia stocks picking up from the positive

news in europe profane unchosen real estate firms are gaining in hong kong sino land and bank of communications are some of the biggest again is that you list the stocks are getting imposed with news that japan's economy has grown in the first quarter after several quarters of contraction. russia has indeed stars of the week on a positive note of the r.t.s. santa my six they're up more than one percent financials are in the lead with the burbank can see t v one point eight percent. international energy agency expects natural gas consumption to grow by fifty percent by twenty first five how ever russia is not likely to have the biggest part of this pie as china is expected to outperform it as the world's top producer the chief of the i.a.e.a. shares her view on what should be russia's response to the global energy challenge

. if you really want to turn. us into the past the block if you will for the future and that's what some call the game the golden age of gas looks like when you have to do a couple of things you have to see to it that you have golden rules of expectation of the guys there are some questions about the environment for instance you have to see to with that you use your gas efficiency russia has a lot of gas that loses a lot of gas because of the net and efficiency if you could see to it that is gas isn't lost you've got quite a lot of gas extra to quit on to the markets qatar's and talks to acquire a stake in the our technical fi that's your gas project led by russia's gas producing object and your mouth project is expected to produce five million tons of ellen g. a year when production starts in twenty sixteen and to reach fifteen million tonnes per year two years later because i was energy minister mohammed ali says the

country is keen to take. up on this very much interest in the investment. generally and we simply can you can see the money is. an important point to extend we are really interested in. being a victim partner to participate in the. project and we are. in. discussions in negotiation on our part. where it is next for the airlines to stay with us.

some. of them in. the. field.