as a successful young scholar and an annual student beauty contest. the third day of the world economic forum is just hours from getting underway as the business elite prepare to tackle the global financial crisis an attempt to restore economic confidence the future of china and the razor is expected to dominate today's agenda along with other vital issues parties in this to reports. it's day three of the world economic forum but things are certainly not slowing down if anything they are continuing to get more into the problems the economic problems that really are the ones that are a focus of the globe and at the people here we will of course given that here a lot more on the eurozone crisis this is really something that has cast a cloud over this entire forum with it being the headache for the global economy as

angela merkel pointed out in her remarks probably quite fit only when this forum opened up but will also hear on a number of other issues we will hear about politics there will be discussion of the arab spring implications we'll hear from the prime minister of tunisia we'll hear from the presidential candidate one of egypt about what the arab spring means for those economies and also for investment we'll also hear more on emerging economies and on the big guys we'll hear about china's economic outlook why is there pessimism with an economy that's expected to grow nine percent it's a great question we'll see what they come up with and also a number of russian participants will speak about the global energy outlook financial competitiveness and also the future of eurasia so those are some of the things that we're going to hear on the official agenda but do not forget it davos there is a whole other agenda which is what is happening on the sidelines and in private meetings and in private parties bilateral meetings for diplomats business meetings

for any kind of executives or people trying to get investment whether it's a charity or a state or country so this is a lot of what goes on here we'll keep you posted on how this all unfolds on day three but for now from the world economic forum in davos switzerland i'm laurin leicester. to get more on the business deals that are being conducted the world economic forum so tune in for a financial update that's coming up in the just a couple minutes. some world news in brief for this hour the u.s. plans to cut one hundred thousand troops and its bid for a small lead military restructuring comes as the pentagon prepares for hundreds of billions of dollars worth of cuts in the next ten years this will still leave the u.s. military larger and stronger than it was before the wars in iraq and afghanistan the government will continue to spend their own eighty eight billion dollars a year on combat operations in afghanistan tensions in the country are still high as the taliban is western troops often leading to civilian casualties.

syrian rebels have clashed with troops in a town just north of damascus two hundred people were detained by security forces as they raided homes looking for weapons and suspects in the town of. provincial governor hope to negotiate a ceasefire as the ten month revolt against present creeps closer to damascus the u.n. is expected to discuss the syrian crisis which has claimed more than five thousand dollars later today. in new york now where details of a shipment containing sixteen years of cocaine seized last week at u.n. headquarters have just been released a package marked with fake united nations insignia was shipped through mexico to cincinnati. nation a spokesman says the u.n. or anyone located the headquarters where the intended recipients officials believe it was the bungled attempts of drug traffickers trying to ship the cortex into the u.s. . new footage from brazil has people running away from

a cloud of dust and debris after three buildings collapsed in the region near authorities are still investigating the cause of the collapse but it's believed that illegal construction work was responsible for people who had been confirmed dead by the city's mayor rescue workers are searching for twenty two still missing . now even if you're in florence moscow is never too far away but later on the joy martin angie. takes to the streets of italy in search of a slice of russia. has been a russian orthodox church on the site since mighty mary three built by the russian community and foreign time artists suffered considerable damage over the years but was restored several times elegant and exotic in much is the city's cultural heritage perfectly reflecting in the true architectural style of seventeenth

century moscow today the church is popular with orthodox worshippers from all over tuscany. crooners head now with a business. hello and welcome to our business up at the south as for joining me right now is sun is moving closer to increasing its share in the russian comic after speaking to r.t. at the devils economic forum they head of the alliance said that the agreement could even come within weeks his plan to raise the share from this current twenty five percent to fifty percent that carl is going expects after the us to have the lion's share in the alliance is growing sales in russia.

there is a lot of progress hopefully i'm not going to tell you when but soon we'll be able to announce for you a push people usually hopefully weeks maybe months but i don't think it should last we have a goal of forty percent participation to help market share of the sea the largest part of feed we come from which is of a brand of of the us and it will be. by rudolph robots from the other side so it's got it's a few teamwork made by three brands different to different people. changing middle east is among the issues dominating talks and direct foreign investment into the region was at its lowest level since two thousand and five continuing tensions are putting the company's business in the region at risk however russia's antivirus giant conspiracy lab is positive about its operations in the middle east speaking to our team founder side of the tensions have had no significant impact on the company's performance to present their business in the middle east is not affected

too much. still we are growing the unit in the middle east and with their partners which are working of course it's a pressure from there on this. situation in the region but it doesn't reflect our on our financial results our war in the world and too much a double dip recession in europe is all but in reality the continent's problems also drag on the rest of the world theatre national lottery fund now things are global growth this year will slow to three point three percent from the four percent it was predicting just a few months ago but is not immune they have says that the country should focus on targeting inflation to protect itself from external shocks. erosion leads to the ruble to be flexible the flexibility it is a very important component of a successful inflation targeting machine this is the experience from all countries

that have made that transition and here russia is moving director actually i think there's a realization that you cannot charge it both at inflation at the same time so the bank or russia has a lot lot more flexibility in the ruble since two thousand and nine it also has defects that. if things get worse in the us or we're broke we. will hope to some extent insulate the russian economy so it also has done to effect that limited effect on russia. over the crisis. let's have a look at the markets now heading higher concerns about iranian next exports the international monetary fund warns of a twenty to thirty percent price spike if there. is trading at one hundred eleven dollars. is just under close to one hundred dollars a barrel. most asian stock market struggle at the end of a modestly positive week but australian shares gain with minus percent. trading

a little higher. after falling and drop in volatile property shares helped drag on the markets after recent gains the nikkei is lower and. securities group fell nearly three percent in a week of banking sector. and the russian markets open the trading day day lower as well as is losing a point six percent to my six is down just nearly a quarter of a percent so looking ahead to friday market analysts that is at risk in believe that the sentiment in the russian markets is like you just talked trading away. the we can see a slight correction. probably be too strong because. news we have seen over the week or so. significant for the markets for the marketplace we see that the trend will say more optimistic than it was on the end of the thousand

alone with. the positive january will be followed by a. as positive february as always all the grease all the eyes on also on the. news from there on the new measures probably introduced by the european union. well that's all for now but getting lost always just log on to our website gawker dot com slash business online.

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this is r t the headlines for you now shocking revelations in an already troubled post gadhafi libya as human rights groups accuse the village of torturing detainees to death a mystery international is ringing the alarm and doctors without borders has already pulled out of the city of misrata protesters intransigence. poland this is further protests against the government signing of an international piracy pact designed to enforce intellectual property rights but activists on the streets say

the agreements known as act infringe on the internet freedom lead to online censorship. and iran considers banning oil sales to europe preempting the decision to stop importing oil from the country in july but as war rhetoric against tehran escalates in the west ordinary americans voice their opposition to any possible military confrontation. up next the latest edition of our moscow program today with an italian twist.

absolutely beautiful welcome to florence and the famous ponce backyard parades on this week's program we'll be continuing our exploration of russian culture and influence abroad from famous people who live here to curb russians who live and work in italy and who wouldn't be happy here with glorious swing to sun sensational food and often culture overload the beginning of the nineteenth century so a number of russian wealthy families moved to skinny italy has always held a special attraction for russians many tools of each of these the cultural center of the world and with its breathtaking architecture food and style it gets you thinking there may be some truth in that today dozens of tall companies offer excursions by plane and bus loads of russians advice every week. the famous landmarks such that one murder conservation bridge in a fancy museum it goes without saying that everyone will be impressed on the first visit here. so it's amazing here we are especially impressed that despite

so many tourists the city is still clean quiet safe and relaxed oh yes. without you is just been living in florence for nine years and in my experience russians like not only the architectural and cultural beauty of the city that also enjoy shopping here a lot he specially fanatic good to see the ideas that at that i want to make is the hometown of michelangelo and they've been sure they spent a lot of time living and working in this region of italy the art and culture that. and have created and contributed influenced many outstanding russians came to florence for inspiration and stayed here for a while for bush there are many ways talented and skilled italians enriched russian cultural life and vice versa over the centuries italian architect a huge influence in the design of moscow and st petersburg. one of the other great things about florence is the shopping. pastime of many russian tourists prices are

lower here for designer goods than back home although this next luxurious pretty well it might be better not to look at the price tags. here in the main shopping street of florence you can find a design a boutique a brand that was founded at the beginning of the twentieth century by a russian noble family reestablished in two thousand and eight it's now an international company based in france with several stores in italy. owned by the russian mobile all the sort of these three of the russian fashion they will ever see reads like an exciting novel the story of the brand you could say is part of russia's heritage and history. founded in paris in one thousand twenty four by prince felix you suppose and his wife marina the niece of the last russian thought the second and says she clothing range was old european and american customers but

the prince had a little business sense and two years after the nine hundred twenty nine will street crash ruined his most prosperous clients do you suppose it was forced to shut up shop. almost eight decades after the original house has very close stores august iraq and has restored the brand to his former glory. to our next location now and in a city known as the cradle of the renaissance surrounded by terra cotta roofs a cluster of onion domes each topped with a tall cross is certainly not what you would expect to see in the foreign skyline less than a mile from florence is to know these brightly colored domes of a different kind marked the surviving history of russian immigration to italy and florence the russian orthodox church of the nativity of christ's.

for. the. former. there's been a russian orthodox church on the site since ninety three built by the russian community in far in time this is something to consider will damage over the years but was restored several times elegant and exotic in matches the city's cultural heritage perfectly reflecting in the true architectural style of seventeenth century moscow today the church is popular with orthodox worship as from all over tuscany. the church of florence houses many historic relics of the russian orthodox church including works by both russian and it's how you artists it's on the market you can't miss in florence and it's a place that brings the local russian community closer together and welcome addition to professional life in tuscany. although you know most of the

congregation of our church consists of people of many nationalities including russians ukrainians georgians greeks italians serbs and bulgarians this church is the first big orthodox cathedral that was built initially then more cathedrals and son removed and very appeared and only five years ago a big church in rome was built that. tchaikovsky the demi to her family to c.s.t. a real russians with a strong connection to italy. twenty minutes outside the city will match with beautiful scenery vibrant colors. but what has this part got to do with russian culture. to answer that question let's meet this week's guest. great to meet you thank you very much for your time nice to meet you while we here in this beautiful and i guess have given the question this place is called par dellec

a sheen and there are many beautiful alleys here one of them in fact where we're standing right now is named after dusty of ski he spent a year in the city and it was said to be one of the happiest times of as. live. came to florence with his young wife and they found out here that they were going to have a baby and the couple stayed in the city while she was pregnant just to also finish their nobody eaters here so she left a remarkable trace in the history of this city. and it's not just the esky who lived tchaikovsky's but on this life there are many russian influences in florence to simulate tchaikovsky spend seventy years in florence and composed quit of space here enjoyed florence a lot there whether architecture art and the many museums the famous director talk or ski also leave here in the nineteen seventy's and eighty's then there is joseph brought ski but turner who has not been to florence to go up to the modern day it seems that many russians love it so but one particular florence there's

a nor about this place the city is not too big and not too small and its historical center is packed with everything one might fancy museum goers admirers of there were in a sense an art lovers is perfect for everyone also those who are into fashion are excited to come here not to mention those seeking good food and wine. well thank you very much for your time and enjoy your time here florence. moving on and what other locations in florence are connected to russia one of the most beautiful palaces is still officially named so brutally after a noble russian family who owns it the nineteenth century it was pulled by count to me to be truly a senator and the director of the hermit's harsh to the god son of empress catherine the great palace also contained brutally impressive library which you started to put together in italy to replace his previous collection of books which

were lost in the great fire of fosco in eighteen twelve. the brazilians were not the only wealthy russian family who made an impression in florence much of the city are also connected to. the demeter family they're all squares villas and monuments in honor of the family members who lived in florence in the nineteenth century and the family emblem can even be seen on the front of the dromo basilica of st mary the flower as it's officially cooled when money was needed to restore the cathedral princedom it off donated a large sum as his contribution was so great the florentine governess thanked him by putting the emblem right next to the main entrance. many russian artists traveled all lived in italy in the previous centuries and the country is still an inspiration for many of their works far from classical but rather unusual controversial contemporary art is displayed at a russian art gallery in the center of florence. and she told me she stood there she is good you know and galloway has existed for several years now and now we're

working on a new concept. we want to showcase work which would combine art blind and sound it would affect as many senses as all visitors as possible they want to share that or it will be not only a visual treat little so heal a person because it will focus and. florence is full of captivating stories and legends connects to many corners of the world. one local met is that if you rub this bourse snout and put a coin in its mouth you will return to florence at some point in your life and know he doesn't really like to has poor rubles christian and italian share many similarities the culture of the two countries is very classical based and complementary in many ways both have a rich history incumbent's a long tradition of excellence in every aspect of arts and design. and from modern christian french fashion houses to cranes all throughout churches keep away the

russian connections you can find in italy and you'll be amazed at the results. it's a costly did call florence the city of dreams is certainly. point well unfortunately that's so that's how we have left on this week's program i think that's the end of our exploration of russian culture here in italy i'll see you again at the same time next week we'll be back in the russian capital until then for me and the rest of the moscow our group by. culture is that so much given to each musician to find the mark when libya intervention like in the specter of civil war libya's transitional way from the

gadhafi regime is proving far more problematic to. lose.

download the official anti application to your i phone or pod touch from the to. life on the go. video on demand. my old girls. are now in the palm of your. question. dot com you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm sorry welcome to the big picture.

shocking revelations in an already troubled post gadhafi libya and human rights groups accuse the military of torturing detainees to death just internationalists ringing the alarm doctors without borders has already pulled out of the city of misrata in protest of the atrocities. i wouldn't witnesses for the protests against the government signing of an international anti piracy designed to enforce intellectual property rights but activists on the streets say the agreement then is actor would infringe on the internet freedom and lead to online censorship. and iran considers banning oil sales to europe preempting the decision to stop

importing oil from the country. but as war rhetoric against tehran escalates in the west border americans are voice their opposition to any possible military confrontation. but time for sports news now into making. another sport and thanks for joining us this hour and coming up in the boat. bouncing back to normal moscow recover from threshing the. baiting atlanta home eyes. sharapova russian and the russian will do battle for the australian open title and the winner will become the world number one. and mating worthy of a five. ton

a rival roger federer in the last four. but first i talk away in the kontinental hockey league bounced back to a five one defeat by scar as the most comfortable abate atlanta by three goals to none and stay third in the western conference because of now reports. atlanta had suffered force three defeats and said if in the western conference eight points behind third place. both sides had been thrashed in their previous encounters and were eager to bounce back in front of russia head coach. who attended the clash it was that very lack of defensive we were in this that allowed denominators called carbon copy goals late in the first period and they blew and why it's never a look back through collected it to zone pass to get one on one and the jumpers to russia's international constantin but all an engine.