big business gets one over on the politicians around as the sanctions do little to stop western oil giants trading with to run again find out the details about that at r.t. dot com. as the world's business top brass descends on switzerland some of the so-called one percent saying capitalism is widening the pit of inequality but the economic elite from around forty nations davos economic forum are out to save the financial system stem the crisis and of course seal a few lucrative deals to is laura listed as the ski resort for us where she also met a few who were locked out of the talks. it's certainly on the agenda talk of remodelling capitalism debate about capitalism and they can talk all they want though you have to wonder how serious people are about that discussion when many of the corporations that are present here are those that have benefited from this this type of capitalism so although klaus schwab the founder of the world economic forum has said that capitalism in its current form has no place in the world around us

these are the corporations and banks that are represented here many of which have benefited from government bailouts in the case of banks from central bank easy money policies in the case case of many banks and corporations so whether or not these are the right people to be having that conversation to be talking about reform i'm not quite sure you also have to remember that while the official genet agenda yes deals with capitalism the unofficial agenda of davos is very much about making corporate deals and that might in fact the official agenda as you can probably recall some corporations here shell out up to three hundred thousand dollars for a membership to the world economic forum in order to be here they're shelling out that kind of money presumably for more than to talk about capitalism there have been reports in the past every year of the deals that go on the networking of this some sixteen hundred business leaders including a thousand executives they're here at davos some of these sessions dealing with remodeling capitalism specifically talk about the occupy movement is identifying

some of these problems with capitalism that they're supposed to be talking about here at this forum bailout inequality those being some of the issues however none of the occupy activists have been invited they're building igloos not too far from where the davos forum is taking place there very much highlighting this occupy movement that is swept the globe klaus schwab was asked about that he said it's hard to identify a leader that was his excuse we're not likely to see them here unless of course mr schwab himself goes down to those igloos and maybe recruits a few so that we do hear those voices inside the fore. and if it does we'll report it now russia's president says he's willing to meet with opposition members including representatives of those who protested against what they called the unfair parliamentary vote to make him a vet of also promise that an exciting political season set to follow the upcoming presidential elections bring us up to date on this story artie's peter oliver tonight. one of the main points that president medvedev made today was that it's

well he really isn't done with politics just yet now of course he will step down in the role of president but he has said he hinted that perhaps he could appear on the ballot paper again going to see me office now. that to me a putin has said should he be elected as president in march his elections then he will make to me to get if his prime minister something which may get if they accept it no it is has said though that no matter what happens in the elections in march he will remain in politics now he also said that he was willing to meet with the leadership of the opposition leadership and the leaders behind protests which took place following the pollard mentary elections we saw in december here in russia now he said he wasn't willing to meet with individual protesters but that organizes those people behind the protests that he was willing to sit down with them and discuss their grievances though this was an address by the president to a group of journalism students at

a moscow university plenty of things that were being discussed one of them was the case of mikhail khodorkovsky the president saying that the holocaust the case shouldn't become a political football it shouldn't be politicized and also dismissed rumors they've been circulating that last summer he had planned to release the jailed tycoon he said there's no truth in that whatsoever thank you cease to journalism students that he was speaking to and the subject of journalism and the media did crop up the president made good of saying that there was too many state owned television stations in russia and that they really need to cut down the number of those perhaps only having worn as the mouthpiece of the government and to have more private television companies and more private news stations in the country our correspondent paper all of one has run the world thank you to syria first the security forces clashed with opposition groups in the central city of. talk to persuade militants to lay down their arms. gulf nations pull their observers syria

now even though the mission has been extended for another month it was set up to monitor the regime's compliance with an arab league plan to end the violence in time the head of syria's red crescent shot dead and here on wednesday the un now estimating that more than five thousand people have been killed in the country in the past ten months. at least twenty three of died in a tribal region near the pakistani afghan border when soldiers clashed with militants the fischel say six of the dead were pakistani troops who were attacked by taliban fighters during a search operation pakistan's been battling against groups linked either to the taliban or al qaeda in the area for several years now. racial raids pool widespread chaos to southeastern australia several local rivers have broken the banks causing landslips and flash floods over four thousand residents been ordered to leave their homes in the state of new south wales alone with more heavy downpours and strong winds forecast for the area the stray was also hit by devastating floods last year you may recall that time it killed thirty five people. one of russia's richest men

wants to be the country's next president we talk to him shortly on r.t. also ahead in the next thirty minutes sport with you including good news for russian tennis star maria sharapova at the australian open but it's business next to me to say. thanks kevin malone welcome to business see optimism is in short supply in the swiss town of the fate of the euro that swing heaviest online so the economic four main theme and maybe how to create a fair world but for many the more pressing question is how to fix this one financier george soros believes european policymakers are not helping. it is germany that dictate european policy because at times of crisis the creditors are in to throw a seat the travel is that the austerity that germany wants to

impose real a push europe into a deflationary that spiral of economic deterioration and process of political and social disintegration real mutually reinforce each other all those sentiments and found an actor and russia's top banker the head of burbank herman graff believes the european policy makers should not focus on keeping all the current members in the single hands. it was from going through. the euro will have a say i think the situation would be improved if several countries left the single currency this is a key year for the eurozone in terms of making citizens and understanding the new reality separately i hope economic relations between russia and the e.u. become more closely integrated i think the current difficult situation in europe

will encourage you to explore the growth potential were merging markets like russia of the former soviet states and turkey. time for the markets now on our t.v. start with commodities send out well as somewhat recovered since we last looked at it still down fourteen cents as they said it will join europe and radiant oil but this is being offset by rising u.s. stockpiles are. moving on to stocks now in the u.s. markets are mixed still as pending home sales came in with decline from a nineteen month high the nasdaq has been propelled by apple shares which are gaining six point eight percent this hour after a press of earnings. in europe the picture is pretty negative mostly weighed down by pharmaceutical and telecommunications companies shares of ericsson tumbled more than fourteen percent of one point out of the family for the sixty five percent for the decline in the fourth quarter banks are also under pressure one of the few upbeat stocks is their holdings it's at

a three point one percent london boy by robust earnings from apple yet again. and this is the closing picture in a rush and it's all pause here with the r.t.s. getting one point three percent of my six point seven percent lead by banks mosley's take a look at them burbank gaining more than two percent be even more than that three point three percent they are rallying on improving sentiment about the euro zone's debt crisis but lukoil among energy shares was losing point two percent of the close. the ruble as said new. twenty twelve against the dollar and year i was in my sex trading take it easy squeeze in the russian banking sector driven by tax payments and the oil prices have been supporting the currency eurozone slowdown against the dollar of the european central bank was said to be opposed to restructuring it's a greek form. all right to business will be back in one hour's time fifty five minutes to be exact with an update.

we have seen the damage it has done to our environment mark chemicals what the poor probs we do not want any more and no deal most. of course system is just so there was a does more experience and i'm just i'm just appalled but that's allowed to go on

america. we are getting this unfortunately because we don't know what's in it there's no labeling there for it being used like the board to experiment you could be used as guinea pig. oh now we have more questions than we have answers guards. like. if.

we're giving chu from the past eight moscow time our top stories for you president obama kicks off his campaign to stay in the white house using the state of the union address to pledge to save the economy he stresses successes and promises billions of new jobs but critics say it doesn't quite reflect reality. tens of thousands of egyptians are back on tahrir square marking years since the uprising that toppled president mubarak's thirty year rule but frustration along with celebration because of dragging reforms. and the world's top will suppliers to get

others to spill the beans on t.v. as julian assange says oh an interview show right here on r t wiki leaks founder exposed some of the world's darkest secrets in his new series is set to premiere on this channel in march. next with russians heading to the polls in march as well to elect a president we've talked to one of the registered candidates for the race he's a tycoon and owner of the new jersey nets basketball team. tells us his plans for russia as he makes his first bid for the country's top job. well hello mr prothero hello and thank you for the time always glad to oblige you

do or think you can be the next president you're probably the most money i always aim high and whenever i launch a project i'm always in it to win it all taking part in this presidential election is definitely the most important decision i've ever taken and i'm ready for a fight if you aim high in other things you definitely should aim high in politics and you're got all those attributes here especially with criminals people often ask you if you're a crime and project but i'd like to ask you about something else you're very much you're smart you have the reputation of a maverick and you have a strong team how did you end up in a situation where no one believes that you are not a common project the problem of all i think almost anyone who joins the presidential race is automatically labeled as a kremlin project which i will always want to know what it means that i was a successful and wealthy person even before i don't rely on government contracts with whatever it but we're talking about politics and politics is different real story people keep seeing i can be independent because i have

a lot of assets but i had most of those assets before put in but if the problem with people outside russia on the other hand don't really care if you're a crumb and project that say you make it to the runoff where you run against putin what would people outside russia know about you first they know you were taken then they know about the scandal in france where you were practically accused of being a pimp and also the fact that you own the new jersey nets why should the west take you seriously because of a process point isn't whether it should or shouldn't it's up to mean my team to explain to people that my goal is to change russia. of a specific program for integrating our country into the international community and making it world leader for the whole world is changing all nations are having a hard time unless we change our country and develop it our relations with other countries will only become worse in the future i mean your last thought on this with let me let's talk about the us over the four years of reset in relations

russia and the u.s. have fallen out on quite a number of issues iran libya the spy scandal not to mention missile defense how would you build a relationship with america. though the first thing i do i would abandon the whole idea of the west versus russia i think it's about time we'll learn to differentiate our relations with europe are one thing and our relations with the us are a different matter russia and america have many things in common but really the nuclear shield the fact that both our countries are large and multicultural we face similar challenges say immigration issues even if the reasons are different both countries have the best territory the only problem with america is that despite all that we don't really have economic ties with the us russia's share in u.s. trade is less than that of thailand below one percent if we build a purely political relationship proved to be unstable and often emotional the world

is changing and the old system of checks and balances is not enough now i would suggest replacing nido with a pan european security system less and less and russia join the european union or yes i think we should actually make it our strategic goal of course we'll need to consider how to organize this common market but strategically i agree with gen to goal who said decades ago that we need a united europe from lisbon to vladivostok garvin with a look with these days all you hear in the news is syria and libya there's also run down the right to protect. any rant against the west or assure you oh yes i believe that russia being an international leader should go together with the rest of the civilized world but at the same time we must be given clear guarantees that our national interests will not suffer from take iran for example let's say a war erupts there tomorrow there are any serato now southern border right next to

the caucasus imagine the flow of refugees we're likely to get millions of people so there is no way the sushi can be decided without russia we must be present at the negotiating table and have a sane decisions regarding iran needless to say no one in the world would want to iran to have weapons of mass destruction that will be as that i think of the vocals and yes those in the mode of the shots i wish to do regard russia as a superpower. for national thought obviously of our country has an important mission which by virtue of our history we should set high goals and achieve them of course we haven't been doing that lately so mean you are people have lost this vision you know the past week colonized the vast territories like say beery or that russia is a special nation or that like sixteen challenges there is a downside of course what i mean is that an individual people are considered in significant and aren't sacrificed for the sake of

a great goal but that was before me question took no us up there do you mean before you before you become president both of us from the president yes before i become president we need to change that completely people should be at the heart of every grand aren't the taking of people should be the top priority but if you come to power you would have to make really tough decisions which is government spending reform the entire economy this is a much more difficult job than managing a company you built from scratch no matter how big it is plenty of corporate you are absolutely right but one of the person who comes to power doesn't even have the experience of running a big company. that would be even worse of course running in the real skinny cole is not the same as running the whole country but at least i have this experience i want to change my country in such a way that we could travel abroad and tell people that we live in russia and they would look at us with and we can say that you're never afraid of anything in your prayers before course they have fears. yes award i'm

a human being i have doubts and fears but it's a matter of priorities it's normal to have fears but you need to know how to overcome your fears or if the future of our country's at stake and you are willing to assume the responsibility it is not a matter of having no fear it's a matter of realizing that your country's capable of doing this and that you can make a contribution to your country's development i'm actually very proud that i'm participating in the presidential election and it's not everyone that can achieve this we so i treat this job and this choice with great responsibility and this thing but it actually seems like a very spend ten is the signature this isn't something you've been planning your whole life or have you make decisions quickly i guess the first develop within me over a long period of time and then when conditions are 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 turned to politics

back in april when i just joined the right cause project i knew there would be a release on blood in a square and so harsh prospect that's why i went into politics or put it here to show but probably for dooming you knew nobody that i got the signal this happens to me say i foresaw the crisis and i sold my assets in advance and this time it was the same thing what you felt was a wall is it intuition when you look at the border i don't know i guess it's a bit more tricky it's a combination of the knowledge experience being aware of the current situation in the country and the worldwide and intuition world added together all these things enable you to make the right move but if you were present polls indicate that the people of russia see putin as the next president if putin returns to the kremlin and it seems that he will what would that mean for the russian economy just naturally occurring there if nothing changes the posi of stability will continue and this will seriously undermine the competitiveness. country we have to change

because we're behind if we're really the nation we can defeat any four or any rival what we need to do is we need to realize that we are at war but this is an economic war and this is a war for the future for a slice of the global piii we need to get our slice of the pie people often ask you who could be your prime minister if you could choose between political skin put in whom would you pick up as prime minister harper put purpose here asking me to choose between two alternatives but actually you need more options than that in fact i don't think you can consider putin as a candidate for the prime minister's job at all he's been running the country for twelve years now and i think that's enough of more than enough history guards hundred i know me fail on a personal level we used to have a lot of contact if he is a really effective as a manager but first he needs to be released and then we would need to meet and discuss things as you would release him if you were elected president of course i

would pardon him immediately pressure he also said you would turn the kremlin into museum what would you do about lenin would you keep him there like a mummy in a pyramid or bury him my attention or presence personally i think lenin should be buried but this should be done respectfully with regard to the people who disagree but i would hold a referendum on the shooter a political i don't think the next question is a referendum people often ask you whether you're going to get married or not i only ask about this because of political i really done now is in the president we take a look at russia's history russia has never had a single president or a single leader you say you were waiting for the love of a lifetime but your love of a lifetime may come tomorrow or in ten years and you want to be president today are you ready to get married if this helps you become president of pickle for more than oh of course not if you put it like that i genuinely believe in love and i really hope it comes to me sooner or later i work a lot and perhaps i don't give enough time. two other things including dating i

guess my work takes up too much of my time it's either data or bad luck i'm lucky in many other things but i'm not lucky in love but i should be lucky sooner or later. you have been extremely lucky your whole life and you always emphasize the importance of good luck have you ever considered why you're so lucky actually i think that to be lucky you have to work a lot and that's what i often observed various politicians and the way they talk to the media especially during the campaign they often try to win you over with passion or emotion but you're a very reserved person at least that's how you appear to the media also when you talk you say all the right words but it all sounds like that as if you're reciting the multiplication table do you ever get sentimental to put your words everyone gets sentimental once in a while what can move you to tears let it be my own little secret in the book that's what you tell everybody what was the last time you cried that it was back in my school days when i was bullied by three boys who were older than me they

conquered me and there was nothing i could do the whole class saw it but later i caught them all one by one we deal with us thank you very much for the interview possible thank you.

wealthy british. likely. markets. into the global economy.

on our team tonight president obama kicks off his campaign to stay in the white toast using the state of the union address to pledge saving the economy he stressed his successes and promised millions of new jobs but critics say it's a big toe doesn't reflect reality. tens of thousands of egyptians are back on tahrir square the marquee year now since the uprising that toppled president mubarak's thirty year rule but it's frustration along with celebration because of drugging reforms. the world's top whistleblower is to get others to spill the beans on t.v. as julian assange should land his own interview show right here on r t we can leaks

founder expose some of the world's darkest secrets in his new series premiere on this channel. now wednesday night sport. thanks for joining us bases for today plenty ahead over the next ten minutes or so including the stories in brief. and then there were four maria sharapova secures the last semifinal berth up the is truly an open. pitch dreamz the lower league side cardiff city make it through to women's carling cup final where they'll meet either munch ester city or liverpool. to help the home team russia return home happy from their norgrove the olympic winter games and in sport . but we get underway on the hard courts of melbourne where maria sharapova us

quest for a second history in open title remains very much on track the russian booking her place in the semifinals all the ground a few hours bonk the world number four dominating her quarterfinal the competitor to accompany me in my car of a trump but taking nothing for granted against her own seeded opponents who had not done it shereen a williams in the previous draw and six two six three eventually stuck up next for the two thousand on a champion petra beat about. the world number two of earning her place in the semi in the days certainly expensive to tell you the start of the second see the czech winning two sets but spent almost two hours on court to claim that six four six four win so much. in the last for a repeat of last year's wimbledon. but the semifinals in the men's side of action will see the top four players in the world.