the latest summit of the civic powers in hawaii opens a financial can of worms between the world's two biggest economies. a new twist in the currency wars between the u.s. and china as washington calls on bingeing to start playing by the rules what 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 span of from the organization and a growing as a regime protests which some believe are sponsored from abroad. and blasting off for orbit a crew of three heads to the international space station the first since a similar rocket carrying out on man supplied craft crashed back to earth.

but if you live from moscow with me marina joshing welcome to the program as a gathering out of the pacific rim political and economic heavy 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 as artie's of the future in the 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 stop a tougher stance on china he has been saying here in honolulu that it's time for china to start playing by the rules of us 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 summit next year in the far eastern city of la 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. investments 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 spearhead this gathering next year as a full fledged member of the w. to go. there but this year the u.s. and china continue to outline competing anomic programs hu jintao insisted on more influence for beijing as a growing power while obama zeroed in on china's trading decisions a convoy to explain the differences that have between the two. if there is any view a state where the occupy movement has little chance it's probably why despite the high concentration of politicians and wall street betwixt socializing and a pick some of the only place people are willing to occupy here on the ass of the beach is this one exception these protestors are against greed and social injustice they're against economic inequality and they are against china. who incidentally the mood at the podium was similar to look hostile i think we can benefit from free with china and i want certainly to continue cultivating.

a constructive relationship with the tribe his government but we're going to continue to be firm in insisting that they operate by the same rules that. everybody else operates of his political opponents were even more belligerent than i happen to think that the. communist chinese government will in the. heap of history if they do not change their virtues we have to have china understand that like everybody else in the world stage if a 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 authors 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 internally driven conformities one of the top values in

the chinese meal drawled also reflected in the country's political and economic policy that's not that china government play by the rules or factually by the art of it but do you know if it seems to have an issue really is that increasingly china rule that they pretty much washington would prefer to keep it. 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 as a predator effort to change rules made game free trade and to be. in the eyes of the beholder. tree for uber protection provided that i get the. precious industries that well. so it's always at loma how. as the euro process continues metastasizing throughout the world and china is asked to shoulder the load many analysts say the

west should keep in mind its old adage 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 he had those about money usually have exact equivalents. one of them is money makes the world go round the concept experientially familiar to washington and progressive to beijing . are at the apec summit in honolulu. and earlier i spoke to professor john deere from the chinese university of hong kong and told me political reasons in the u.s. are driving washington's criticism of beijing it's created the difficulties for the us have to raise employment rates and. the current a difficult case of the us government in creating jobs the fact that the us has

lost the competitive it's a competitive advantage in most of the traditional manufacturing industry so you know you can reduce that its exports to the us increasing its the exchange rates and the low wage emerging market countries are quite a step to reappraise. so these kind of the big i think the chinese leaders are quite clear minded of holding the interest the national interest the us the presidential election is that. the chinese economy and the chinese currency. are used as. scapegoats for us in difficult economic difficulties again. recently that's why i'm in the. game. asia pacific leaders in hawaii were also keen to shield themselves from the fallout in the euro zone and later we'll see whether government changes in the e.u.

will provide protection. to the thread governments are taking over in debt ridden greece and italy but critics say they'll be better able to serve the interests of brussels. and here in the army now well almost tough military like discipline looks set to be introduced in some u.k. schools but will it may be unruly youth perfectly behaved we investigate. 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 us i don't know whiling majority of member states voted for the measure to urge president bashar asad to stop eight months of violence it triggered a new protest and attacks on a turkish french and so you arabian ambassador in damascus dozens more people were reportedly killed across the country on sunday in the latest wave of crackdowns on anti-government protests that had russia's or the searchers paid

a visit to the war torn country and another effort to bring an answer to the blood ship but author and journalist afshin 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 but here they just say 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 who continue to cause instability in syria and beyond and this will be a sort of slow burn phenomenon with the united states and europe taking a kind of backseat almost and also forget that turkey has been actively involved and even told its diplomatic softened 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 because our television station al-jazeera very obviously wanting the four of us at the moment and the western media to. well it all change for you are a technocrat government takeover in greece and italy and around normally e.u. commissioner mario monti start starts to form a new cabinet and tackle the country's huge there are three sarah further explore is whether the new an elected leader is can be a better job than the old. it was never going to be easy to put it this year at seventeen countries of which are now under one currency and the very beginning attracted fierce criticism with this 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 key member states some might now be

wishing they'd heeded the warnings to one after another the member states became to wobble at least the latest country to come under scrutiny we have been witnessing in less than. a growing pressure from europe and i'm talking in particular from france and germany partly the u.k. certainly the european parliament and the commission is going to start but the crisis is say far senior leaders who quit and italy were placed by people who were never elected to office he made their way around brussels here it is totally with berlusconi now gone doesn't and painful reforms now need to be implemented to meet . for the first time since the quietest began talks have now begun to turn to the possibility of exit from the year or the creation of the call 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 article or you know you have behaved badly we're

going to punish that's not a union in united states of america if they behaved badly imagine packs of behaving badly or 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 quoting stenson bad year play good year agree has not gone unnoticed by struggling countries it was clear that those who were spent this now face a painful stereotyping measures a sense of being treated like a naughty school child any. added to the growing strain in the year and community it's only now because well so see there will expose much more france and especially germany to the times there i believe must be up to the se to to express a principle of their food not just for their own countries but for europe as a whole your attentions have not caught on missed by the markets here punish political leaders to try king the feet in dealing with the crisis and struggling

economies like italy's and even the napery think we are mistakes italy's being considered by many the test case for the entire a year you say it fails and it can take down the entire the question now is whether or not those measures can fix the whether we'll see them going the same way as the previous measures but for by european leaders who say fails to come up with a convincing rescue a third party. three man crew bound for the international space station has successfully lifted off from the baikonur cosmodrome in kazakhstan and it's the first manned flight after a similar so use rocket carrying on man supply vessel crashed back to earth shortly after take off three months ago tom barton was on the launch pad for us launch time but the baikonur cosmodrome these three men are doing their colleagues on the international space station but they're late and i'm happy about why it is

a risky business you can never eliminate risk altogether. that's a bargain that you made for the privilege of flying humans in space on accomplishing what they do up there on the twenty fourth of august a supply rockets engines failed on its way up to the i assess what it plummeted back to earth with a bang. it was a moment but all launches were put on hold but worries about the safety of so it was rockets now the only link to the space station crew since the last u.s. shuttle flight and july said this crew of their launch date set back their relatives were especially nervous after the progress crash what do you think about your husband's launch coming up so soon. it's too difficult it's better not to talk about it. a crew themselves though accept the dangers as part of the job. because we're upset about the accident of course but every big project has some room for failure unfortunately this is not completely avoidable but we shouldn't

traumatize the situation. and so it was that rocket was lifted into place on its launch pad we could see the rocket taking off and we watched the progress. with deep sighs of relief all watched as the rocket blasted successfully toward it leaving the crew to experience what all the rest of us a retreatment about. you can actually get a good view of the earth during the flight in the spacecraft but surely will have time to enjoy it better while the international space station for that view and from ams future in space they say the risk is worth it dumbarton r.t. . the u.k. plans to get tough on gang culture by opening schools with strange an army like this one the measure was proposed in response to the riots that ship the u.k.

in the summer and while the plans are others believe this one is key critics fear it could actually alienate problem use further or bad explains. as the going gets tough the tough get going army boot camps are the places step out of line is this culture of self control the government now wants to bring into schools so it's calling on the cavalry well former soldiers to swat the front line to the front of a classroom following the right across the u.k. the government fast tracking troops into teaching as a way it says to restore adults or authority wants to provide more male role models and 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 stand. if they expect this side of the lie they will be punished accordingly if they stay on the right side of the line. in the confines of the law and they will not be polished it's

a line few would cross with a teacher like this at the hands going to be headmaster of the new school where every teacher will be a former soldier uniform inspections and military style roll calls with a polish and 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 all that 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 think behavior towards our kids is to gangs isn't it you could say the police are a gang it would be the army i think they would pick are more unruly this charity 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 they become unruly because they're bored but in

business isn't the answer just only tone this is yes but actually making sure to call 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 passed fourteen a far cry from someone supposedly too disruptive to teach. more discipline for children in schools you think that wouldn't work for the. class of poor and cause there's no talking interest rates works. so focused it wouldn't really want to go to. individual attention was 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 argument it's. i can always find more stories on our website here's a quick look at what else is lined up for you at our team dot com. even if colonel gadhafi had lived another one hundred years he could not have killed more people than nato did during its bombing of libya that's what once you're into the leaves so watch his interview for turkey dot com. and of the caucuses there is no winner in the republic of south australia's first round of voting was none of the presidential candidates gaining the required number of votes by dowd was left to fight it out in the second round. a crew member is reported missing and another person is in a critical condition after a fire on a cruise ship in moscow around twenty people are reported to have been on board when the fire broke out in the early hours of monday morning most escaped unharmed with at least two reporting injuries faulty wiring or careless handling a fire is thought to have caused the plates this is not

a person incident on the water in russia this year in july nine died in a boat collision in moscow and in the same month one hundred twenty died when a pleasure cruiser saying on the call the river in an attempt to slash its huge national debt the u.s. is looking to cut wherever it can even the mighty to fans budget want to skate as the pentagon looks for four hundred fifty billion u.s. dollars in savings over the next ten years are these military contributor believes the pentagon chief should stand out for those who america's security depends on. today when they debate evolve the pentagon cuts in the full rage and especially when america and its allies celebrate the veterans day and they enter a verse or 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 of the marines from the sequestration and personnel cuts all across the military services and the reason apart from the marine 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 some other stories from around the world an explosion of skilled seven and injured over a dozen in the northwest of trial the blast ripped through a commercial building in a suburb city and shattered windows for 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 have been freed they were kidnapped by suspected al qaeda militants at a restaurant east of the capital may know details have been given about the terms of release things of foreigners are frequent in yemen but most of the positives have been freed unharmed. in portland police and riot gear have surrounded hundreds of occupy protesters in the central park after they ignored it fiction orders officers used tongs and threatened to arrest if the demonstrators failed to comply the protests are part of a larger movement against social and economic inequality and corporate greed in america and around the world. one palestinian has been killed and several others want to buy an israeli air strike on a compound in northern gaza strike targeted and naval base used by hamas the israeli military said the attack came after

a rocket was fired into southern israel earlier israeli commanders said the military is preparing to topple the hamas government. well today here on our t.v. and we have our website or two dot com for war next though we take a look at what's happening in business with me. thanks marina it's really has no other choice but to exit the euro zone and bring back its national currency even if this means the collapse of the euro some says prominent economist nouriel roubini also known as dr drew. six countries in greece i love to go to italy spain and cyprus that have different degrees of economic fiscal and financial difficulties than the longer more of them will be made to a structure that uses five of them up in that one and more of them may have to exhibit a euro zone different off of that exhibit eurozone than the banks or frankly implies

a break up of the euro zone. and that's maybe calling up europe but here in russia the budget position is reassuringly strong however as the banks the senior vice president denise will go 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. and russia is obviously in a very different situation he has as all countries russia faces challenges but they those challenges are different here. you know and have fairly good short term position from a fiscal standpoint they are plentiful reserves and that being said pressure remains critically dependent on commodity prices and. there is some concern over the beach or just about. its move to the markets now well is trading near the highest level in more than three months that's old news that italy has started

building a new government and passes an austerity budget easing fears over europe's debt crisis line sweet is up but still over ninety nine dollars per barrel bread's is up fifty four cents but back. in asia stocks up picking up from causative sentiment in the europe financials and real estate firms are gaining in hong kong so keogh listed stocks are getting a boost from news that japan's economy has grown in the third quarter that's after three quarters of contraction. rodgers indeed began the week on a positive note with thirty odd years my six ers reading up more than one percent in the first minutes of trading they're still their financials in the lead to burbank the t.b.o. both one hospice and higher gas from another energy blue chips are also positive but support is gold continues its last week's decline and i reserve the precious metal is the. russian equities track negative global sentiment last week with

a deepening years own debt crisis now grows a little superstars investors should keep an eye on the rubles value and the strength of the oil price. ruble could continue to strengthen a bit i wouldn't be afraid of of holding rubles i think that the the euro should strengthen as well now that the issues over on you know greece and italy seem to be resolving themselves and i expect that the the euro would strengthen a bit against the of the dollar on the back of a strengthening the oil you know which tends to you know strengthen in line with they are stronger here a weaker dollar. i would look again at russian well companies principly in a survey have to gas and tap left would be ones that would benefit from this in a strengthening oh world price i would look at those as one qatar's in talks to take a stake and the article five natural gas project led by russia's gas producer nova tech the get now project is expected to produce five million tonnes of l.n.g.

per year when production begins in twenty sixteen cats as energy minister mohammed saga says that the country is keen to take. on this very much interested in the investments. generally and it really does and can you can see the money is. an important point to expand we are going to be interested in. being. asked to partner with the speaker of the. project and we are. i think in the discussions and negotiations i want but it's more business coming your way in fifty five minutes time i'll be here with an update to joining.

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more than sixty square kilometers or you want to move all the mistakes and those who are still supervising new lives and finding projects there that's giving bad out here but not saying hardly any birds squirrels you know. you know i don't know what's going on here. on the creek on our cheek. lead nation three. going to take three. four judges three to make amends three. three. three. goals three months. of free media.