sounded motivational full of good intentions but the fact that almost all his major economic initiatives got bogged down in congress like the jobs act that he put forward last year is giving a sense to many that he might be saying all the right words but they may not be necessarily followed by demons on the foreign policy front he ran on promises to end wars but while he pull troops out of iraq and started winding down the war in afghanistan with a pledge to bring all troops home by two thousand and fourteen america's wars didn't stop president obama bombed levy last year to the tune of bringing about them ocracy also the u.s. may now be on the verge of an all out confrontation with iran and in the speech he once again said all options are on the table washington is now actively building up its military presence in the persian gulf region new u.s. drone bases are popping up in the arabian peninsula so we see that while president obama went through with the promise is to scale back on the record of ghana's that he's been actively building up

a platform for possibly new wars president obama certainly prides himself on his role in killing osama bin laden and a number of other terrorists but the means by which the u.s. is going about the task of chasing down terrorists raises a lot of red flags so some experts argue that what washington is doing is fighting terror and provoking terror at the same time but in president obama's presentation everything sounds just great on the war on terror front. but president obama reiterated his commitment to cutting down on military spending and trimming the old forces for us professor paul sheldon foote says his pledge is that all of this with washington's foreign policy goals. if you're used that you are code for. we're going to have an enduring relationship. which means we're going to have bases in that country and stay there for ever whether they want to serve. likewise he said we kill gadhafi syria's next day and if iran doesn't behave there there after that

so. it is totally contradictory to say that he's going to be able to pay down the american debt and expand government spending programs domestically with savings from bringing soldiers hold for more is what in fact he has plans to expand while he didn't mention china my name he also said that we have a pacific strategy and the world will know that we are number would. that was a thinly veiled threat against china even i mean how insane can you be china's holding more than a trillion dollars of our debt we've got tens of thousands of factories there weird highly coordinated doing depended on them though and he's threatening them to. it without the still to come on the program a meeting of money tree minds the business of banking elite send on davos for the world economic forum find out how much focus will fall on reforming the global financial system. versus searching for a fair salary why

a legal loophole in india has left many without permanent jobs or a stable income. there's a confusion over benson and they've been town of bani walid to market duffy to the list seize the city on monday killing five people injuring twenty five in clashes with government forces but libya's interior minister said it's actually not clear who controls the city became clashes erupted you two internal problems between rival militias well meanwhile elders in the town said they are now appoint their own local representatives ject and interference the interim authorities writers for the national transitional council set up checkpoints outside bani walid becomes as the m.d.c. has been struggling to unify its armed forces. tests in several cities across the country and prompted the council's chairman to one of possible civil war investigative journalists sign

a letter saying as many libyans you are not getting what they want for. the thing about revolutions is they're not simply passive events there is a whole awakening of a population in the middle east but also libya and people saying well this is not what we have not rising for the victims themselves you know the victims the new victims the old supporters of the old regime saying well you talk about democracy where is our inclusion in this so you get the sense there is this fracturing the new electoral law is very. going to put as many people very very unhappy it seems there's a reintroduction of tribalism and patronage networks and so on and so you know. that there is a lot of disquiet in every corner of libya at the moment it's a truism that there's no such thing as a clean war and civil war is the most brutal affair. and so you can imagine. nato we don't need to imagine nato really pushed the other and they broke the resolution they were there to defend civilians that was the mandate and they were

essentially became the rebel rebels air force and so they were attacking in the or you know almost total annihilation of very messy very brutal and i think there's quite a lot of acts of revenge taking place as well. although we have more news stories on our website r.t. dot com here's a look at what you can find there right now trading real gold for black gold iran will reportedly bypass the latest round of western sanctions by accepting the precious metal as payment for its oil exports also. from one online source to another the founder of russia's most popular social networking site has donated a million dollars to wikipedia on that one at r.t. dot com. egypt's military ruler has announced that the country's

a decades long state of emergency will be partially lifted on wednesday it's one of the key demands of thousands of protesters who are marking the first anniversary of the uprising that toppled president mubarak but for many who continue to demand that the army steps down it's still not enough we have financial reports now from current. a year after its historic revolution in egypt is far from calm protests have become a part of everyday life and no longer an event while the revolution is a significant achievement. we could never believe we would come out and speak out later. there are several reasons for egypt's people to take out to the streets following the uprising that ousted mubarak last february. the country's economy is struggling unemployment is at its highest in decades and while the movie interacted islam is dominated tolerant debate the country's future resentment rose against

military rule and the feeling they hijacked the revolution was administered we want them to do what military should do to protect its citizens and neutral the country people. really want to be sure that they will not destroy our solutions achievements they betrayed us the military dominated egypt's politics since the fall of the monarchy sixty years ago some skeptics say the twenty eleven revolution did little to taint this trend. where mubarak toppled down people vulcans the supreme council of the armed forces to lead the transition but the initial euphoria began to fade when the military council was still in place six months later after one bloody crackdown on peaceful protestors officer another claim at least eighteen lives to tober there isn't any doubt left here scaf should go i believe that they're there i mean our life i believe that we don't want them anywhere here in

this chair that's what i believe and that's and that's what most of what all i you know believe and the work whatever happens as these are works week and discard are scared because the boon arabic for army lawyers contain they work to reveal the army's wrongdoings beats you know female activists attacking field hospitals and conspiracy theories under the military council twelve thousand people have been brought to bear to trials that are against less than two thousand and mubarak's thirty years. claim it's leave when the new president is elected in june but if you believe the promises that once were broken so easily some also fear that a generals may stay all behind the scenes reluctance to relinquish their power. we've had for decades with protests push until. one thing is clear the fight is not yet over notion r t cairo. well egypt now has

a newly elected parliament with the muslim brotherhood holding the majority of seats the army said it would give up power once a new president is sworn in out of june's poll in a cross-talk program later this hour people of ellen his guests debate the country's future here's a preview. if the united states wants to ingratiate themselves with the egyptian people what they've got to do is we've got to offer humanitarian aid we've got to offer loans and services to the egyptian people and not so much you know i've got the government but i've really enjoyed you think they're on their side and we wish nothing but the best for you know but well i don't i think most egyptians don't believe that ok after thirty years it's hard for them to believe that the last twelve months hasn't changed and i think that's why we've got a lot of work to do here a lot of. what are these real intentions they just leave egypt alone completely and let them decide for themselves let them decide their own foreign policy if they want to tear up the peace treaty with israel. i mean you're saying there isn't a direct ourselves it should be there is politics but there's

a lot of humanitarian relief that we can help and that's the kind of work we should be doing. the so-called one percent the global business elite have to send it on davos in switzerland to see what they could have deals and search for the salvation of capitalism itself that means it's time for the world economic forum which kicks off today perhaps unsurprisingly the ninety nine percent who've been worst hit by the financial crisis have been locked out to call from the outside nazis to report. all right i'm here i've made it to davos i'm at the world economic forum my first time i'm not alone though turns out morgan stanley's c.e.o. says first time out which shows the caliber of the people that are here ok these are much of the corporate elite much of the global elite when it comes to wealth power all of that so they're all gathered here the question is what is davos man

got on his agenda this year now of course the unofficial business is what davos has really become known for in many respects that's what you hear about that makes it worth all of the money that some of these corporations shell out to be here is the networking and the deals that are done in private parties. you know off the record in hallways in the lobbies so this is where a lot of the global one percent or some of them at least a presumably are doing business according to past reports ironically on the actual official agenda this year is that the topic of capitalism and if it is for ambling what its future is and what the solutions to its problems are so schwab the founder of the world economic forum has said that we can't think of this is business as usual anymore that capitalism in its current form has no place in the world around us talking about much of the of the discontent we've seen over inequality that we've seen with the occupy wall street movement which is on the agenda when some of

these sessions are talking about remodelling capitalism occupy is one of the things that they're talking about interesting lee though none of those activists are invited to the forum to have that discussion but they are here really highlighting the difference separating everybody else from the elites that are meeting here they have the igloo and can't mint which many people are talking about but they're very much here now as far as what exactly is going to go on i'll do my best to show you that the more i'm looking at these reports of what the press is going to be able to do it looks like i'm not going to be able to see a film or go a lot of the places that i would want to go except for maybe in thirty minute increments what's a day hopefully as supported by someone from the world. economic forum for me to lock down some of these. business leaders and heads of state and central bankers exactly what they're talking about recession i may not be privy to but that is what i'm going to try and do i'm going to do my best for you all of that and i will be your intrepid reporter until day. while business heavyweights in switzerland

discuss ways to patch up the global economy emerging markets continue to make their mark on that from a business that's now. well in business so entrepreneurs are thirteen around the world but finding show of russia's lagging behind not only is brics peers but also the majority of countries will find out why you know there's of course. some international news in brief now syria has agreed to extend the mandate of the arab league observer mission by a month mission was set up at the end of last year to monitor the regime's compliance of the league's plan to end the violence that makes this report scream sixty people were killed in anti-government protests across syria on tuesday and the u.n. says more thousand people died in the last ten months of the rest of the country. nigerian forces have arrested scores of suspected members of islamist group during raids in the country's northern city of qana boko haram sect said it carried out

a series of bombings in the city on friday which at least one hundred eighty five people. was considered the most violent radical organization in nigeria responsible for many of those deaths last year. hundreds of demonstrators in argentina were met by riot police as they protested in front of the british embassy and borders are is over the disputed for condolence protesters demand that britain hand the territories over to argentina. has refused plans to send more military support to the area tension between the two countries has since ordered to break the falklands nine hundred eighty s. insisting it right. claims on the territory. and rescue teams are searching for seventeen people still unaccounted for after a cup sized off the telly and coast new footage has emerged showing images of floating debris inside the vessel divers filmy terril the ship after using explosives to blast into more areas sixteen bodies have been recovered since the

ship ran aground twelve days ago. one of the later this hour we'll hear from the surprise candidate in russia's upcoming presidential election because progress is one of russia's richest men is considered a dark horse in the race for the kremlin there's an interview coming next. there's . a make decisions quickly and i guess the first develop within me over a long period of time and then one with additions or right i get a kind of signal that it's time for a change so when i realized that i had to change something i turn to politics back in april when i just joined the right cause roger i knew there would be a release on blog this. week that's why i went into politics what do you mean you knew nobody i got the signal this happens to me see i foresaw the crisis and i sold my last words in advance and this time it was the same thing. i do

now i guess it's a bit more tricky it's a combination of knowledge experience being aware of the current situation in the country and the world wide and intuition added together all these things enable you to make the right move. india's labor laws promise full time workers a range of benefits from decent wages to paid holidays but those from the countries poverty stricken regions aren't always so lucky and cloris have found a legal loophole leaving many workers exploited through the fear of losing their jobs at any moment. appreciative reports. it's got one of the fastest growing populations in the world and getting india's eager young workforce into skilled jobs is no mean feat business tycoon money shopper well thinks he has the answer a temp agency that trains and then touts its labor. was existed all over the world temporary stuff things so good but what we've heard somebody of the five minutes

for the last five years filling posts and bringing home a paycheck it sounds like a perfect match but for indian firms there are extra more dubious benefits india's tough labor laws make it hard to fire workers plus permanent staff get decent hours holidays and a living wage none of which apply to hiring temps it's a cost cutting gifts keeping employers smiling all the way to the bank india has always been a famous destination for foreign companies to outsource their work at a cheap cost but a growing trend here is for indian companies themselves to outsource their work force to agencies like instead of hiring workers for themselves everywhere from malls to restaurants in india are using agencies to hire and manage their workers for the shopper while insists his workers do benefit vital training they are unlikely to get in india as many poverty stricken regions in the woman. who really cannot afford a very expensive education it's the going to be for people who have those skills

but don't know where to go they don't have a grooming them some pantry agrees she's in her old in one of the many nationwide team lease training centers to improve her english skills and enroll in a computer accounting course to make her stand out from the crowd to potential employers how they did them with your coffee i was very warned to nervous about sitting for job interviews i'm not fluent in english so i wanted teachers because english were good more to me and getting some confidence going but critics say jobs people like some end up in should be higher paid and permanent and because the agency keeps the jobless figures down many. i believe it's bloody india ovoid tackling it's labor law to me which lets firms get away with dire wages and sacking staff on a whim but shovel insists the priority for those on his roster is putting bread on the table and that is really where we came in and said that look a job is better than no job and employers were not hiring people because they were

scared of him because people as we were saying look there are lots of kids who actually are not trying to move off employers or use the law as a weapon in their hands to hit employers they're just warned an opportunity to get a job preassure either r t new delhi india. body back with a recap of our top stories just a few minutes for a first look at latest business deal with creating just a. wealthy british style. market why not. find out what's really happening to the global economy with mike stronger or a no holds barred look at the global financial headlines tune into cars

a report on r g. i welcome to our business update itself thanks for joining me entrepreneurs are searching around the world according to a new report by the global entrepreneurship monitor that solve the case when it comes to russia over seven thousand people were surveyed in the country and the findings show that russia is lagging behind not only the sprigs peers but also the majority of eastern european countries mining acosta has more. there are almost four hundred million businessmen in the fifty four countries and about a quarter of them are planning to add at least five new jobs over the next five years and we're talking about countries like brazil china australia and the united states now one that comes to russia the picture is pretty grim the number of new firms account for just five percent of business is that's compared to twenty five percent in china which places it at the bottom of the list of developing countries

and russia is also slacking when it comes to internationalize ation with fewer businesses offering their goods and services to foreign markets at municipal level steve you. corruption. when you suppose should get more taxes from small business at this point all the taxes will almost all the taxes go up for a little and then some of his go go but it is a subsidy it means there is no there were food we should pull. from the developmental business and they should get their stocks and they should get this money means they will see there are two relations very pleased between number of small businesses small businesses and the budget. the survey reveals a high level of has. the majority of small and medium sized businesses do not believe there will be a positive change soon and this is of course

a bad sign for government plans to diversify the economy away from raw materials and make it less vulnerable to external financial stocks. almost half of russian c.e.o.'s are very confident of growth over the next year cording to survey by pricewaterhouse coopers that's lower than at the beginning of two thousand and eleven one sixty percent are predicting good times ahead global peers are even less optimistic with only forty percent of forecasting growth in two thousand and twelve the survey has presented us with talked. let's have a look at the markets all rise above ninety nine dollars a barrel as australia says it will join europe and iran oil boycott rising stockpiles in the u.s. are offset by concerns that iran could disrupt shipping in the persian gulf now onto equities asian stocks climb as fears about prospects for the eurozone eased stronger than expected economic data. is up over one percent on the back of a weakening again and that's boosting earnings for exporters the hang sang it's

closed for public holidays. here in russia markets rise in the first minutes of trading the l.t.s. up one and a half percent of them isaacs is up nearly one percent with banking and energy stocks among the main gain as let's have a look at the markets movers all of them isaac's banking stocks are rallying on improving sentiment about the eurozone debt crisis bank is the top gainer on them isaac's it has jumped nearly three percent russia second largest lender is adding one point four percent this hour and all major role snapped is up three quarters of a percent. market watchers claim this year is likely to be volatile for investors emerging markets look appealing if we look at fundamentals which remain strong among the brics economies but risk of pressure coming from the e.u. crisis that is fueling the spread of global recession chief economist at deutsche

bank russia your list of all that looks ahead of to two thousand and twelve. in terms of the dynamics of two thousand and eleven despite the very significant blows to global financial markets russia wasn't really a laggard and actually throughout most of two thousand and eleven it performed on average other emerging markets but of course one of the supporting factors was will prices and i think for the very near term this is the big question on the minds of a lot of investors will these high oil prices persist them hands actors of course. continues to favor russia over some of the other emerging markets out there and belarus appears to be pulling out of this severe crisis which crushed its national currency last year it's getting three billion dollars support from an anti crisis fund set up by regional states including russia and the deputy chairman of the your

asian development bank sergei shot tell of says explains how the country's prospects have improved and the risks that still remain. the position program of bill always sees close to seven percent of g.d.p. of this country of the seas ample amount of for sources so given. the current account of the country is showing first signs of improving. we know you have a historically high international reserves which is very close to two months of imports villagers had never had we see clear signs of stabilization in billups is the challenge to belittle he says will is to all countries including russia and kazakhstan is how the global economy will shape up in the in this year. and that's all the business is for now but the german for two minutes from our.

we have seen the damage it has done to our environment mark chemicals what the poor probs we do not want any more new g.m. ohms. or course system it's just there was a dismal experience and i'm just just appalled but that's allowed to go on.

eating this unfortunately because we don't know what's in it there's no labeling there for it being. used like the board tory experiment being used as good. as well now we have more questions than we have had three guards. like. more news today violence is once again flared up. these are the images cold world has been seeing from the streets of canada. trying to look for a shelter old today. here

with r.t. the main stories we're covering for you this hour. the pledge is another program for change during his annual state of the union address that is approval rating suffering and the republicans turning up the heat the president is trying to ratchet up support for reelection in november. in libya gadhafi loyalists claim they've seized control of the town of bani walid and abolish the government appointed military council that country's interim but is admit not sure who's

really in charge of the city saying the violence was caused by internal problems. and coming full circle interest square thousands of egyptian protesters angry at the lack of reform are expected in central cairo countries marking the first anniversary of its popular uprising that toppled president mubarak. join the people of l. and his guests as they debate egypt's future a year after the revolution crosstalk is up next. wealthy british style. markets weiner scandal. find out what's really happening to the global economy is a report on our.