investment manager francis lim believes that beijing is wise to step away from the weakening dollar china has the largest foreign exchange holding of any country in the world about one trillion u.s. dollars most of their u.s. dollar for several years now chinese limits wanting the government to diversify is holding of foreign exchange china's economy is still. that of the u.s. and china has about nine percent economic growth why the u.s. has about one point nine percent so is good to diversify some of the foreign exchange holdings into something not a u.s. dollar goal but of course together with that china would need to have a say in the global financial situation right now.

by europeans and the world. and china has reverted to say in global financial matters and i think that we'll have to change expression the u.s. and europe in such dire financial straits if china to participate fully in the global financial system i think you need to bring china into d.c. to organizations. don't forget we've also got the world cup of tea on our web site here's what's online for you right now presidential candidate vladimir putin says a runoff in the upcoming election is possible but believes it could destabilize the nation's political situation you can find out how he's preparing for the fall that dot com also on life at the moment. imprisonment and deportation from america just for making a joke on twitter read the story of a couple whose tweets saw them treated like terrorists by u.s. authorities. time now for more news from around the world this hour in our world

update and rival militia groups have reportedly been involved in a gun battle in the center of libya's capital tripoli witnesses report heavy and light weapons exchanging fire in the city the road along the coast has been blocked and smoke was seen rising from the scene of the fighting former allies who fought together to oust moammar gadhafi last year are now engaged in a battle for influence in the new libya. two people being killed and five more injured in circles capital during an opposition rally police there used to gas to disperse a crowd gathered to protest a court ruling allowing the nation's elderly leader to run for a third term the constitution was revised soon after he was elected in two thousand to impose a two term limit for the president argues that since he was already in office when it took effect it should not apply to. the government of attack the paramilitary checkpoint in southwestern pakistan killing eleven soldiers and

wounding a dozen the troops return fire but it's unclear whether the attackers suffered any casualties shortly after pakistani fighter jets bombed the hideouts of militants along the afghan border getting up to thirty one suspected insurgents. the united states is home to the second largest jewish community in the world and many american jews feel increasingly alienated from their spiritual home in israel thanks in no small part to ad campaigns funded by the israeli government parties paula slit explains. the beckerman is could be the family featured in an advertisement recently pulled from american t.v. girl is israeli married to ball or an american jewish woman but it was saying is that my husband shouldn't have married me but the emotional response was just out. this is one of three ads sponsored by the israeli government and aid across the united states that evoked more than just an ouch from american jews when who is really grandparents ask what festival it is the american granddaughter happily on

says christmas instead of the jewish festival of hucker the implied suggestion was that jewish identity has been diluted in america and that angered many jews who live there. american support cannot lots of points to. this us and so for them. shows a toddler calling daddy daddy to his napping is really expected father who finally wakes up only when he son's which is to hebrew american jews felt insulted by the suggestion that israeli jewish identity was more pure than american jewish identity but i think that that's really what bothered me about the ads is that they came from a place of almost fear mongering you know they were almost kind of trying to scare people who are living here israelis who are living here the ads were designed to encourage its radius living in the united states to come home but critics complained they smacked of arrogance ignorance and cultural disrespect for america

instead of giving positive reasons for expects to return to israel they fail to address why many had left in the first place i think a lot of american jews look to what's going on in israel what's developing in the parliament particular in the field is truly alienated from that and they say to themselves this is not the israel that we fell in love with this is not israel that we want to defend american jewry has always been more liberal than israeli society they traditionally voted democrat and often open to a list off the docks practice of judaism then the israeli counterparts. for years a rift has been growing between the two much of it based on the aggressive policies of tel aviv towards gaza and the occupation these really palestinian conflict still shows no signs of compromise and consecutive israeli governments have been unable or unwilling to reach agreement with the palestinians even many american jews feeling more and more alienated from israel does some of what's going on in the israeli public sphere troubled some north american jews troubled them very very

greatly i have no question but that's the case since the late one nine hundred sixty s. israel has built hundreds of thousands of homes here in the west bank more than half a million people now live in settlements television onstott was issuing tenders for thousands more homes to be built across the green line evoking anger and condemnation from the international community as many as a million twenty eight israelis live outside the country in the last five years the number of people who choose to leave the holy land has outpaced those wanting to come and live in israel and although the ads are no longer on air the reasons that they provoked such a backlash in the first place are far from resolved policy or r.t. television. so the term brings up to date for the moment twenty four minutes past the hour in russian capital dimitris next with the business. thanks bill and it's also the most hyped i.p.o. in years facebook is expected to file the paperwork for its public listing in new

york. the social network will reportedly sell a ten percent stake to raise up to ten billion dollars this will be a record for its acknowledge example but. you have a market research and not capital says it looks over. this is a valuation probably based on future casual. more inclined to talk about president bush will definitely facebook is not delivering this much money right now so maybe a self-delusion or might might be deliberate exaggeration of market while you are but facebook is definitely worth much much less than that amount in a further effort to crack down on corruption present innovative has ratified the o.e.c.d. convention against bribing foreign officials and business transactions this is also a key step in russia's access to the paris based organization for economic

cooperation and development according to a study by transparency international russian businessmen are among the world's greatest bribe givers second only to china. so going to the markets now crude is on the rise after china's manufacturing index unexpectedly rose boosting speculation of the world's second largest groups consumers withstanding the european debt crisis. stocks in the u.s. as a.d.p. reports one hundred seventy thousand new jobs were added in january marking the twenty fourth consecutive month of ok. in europe the vinci underdark so also very strong that's one of course the european central bank could help reduce greece's debt by returning gains on greek government bonds that it ridgeley purchased with a discount and here in moscow the markets closed on the positive note with the r t s m i six adding a one hundred percent secular to what was moving the my six gas monopoly gazprom

one of the biggest gainers actually up one percent net profit rose over forty one percent in the first nine months of last year predicts the full year profits will be up twenty five percent oil pipeline operator trance new afterwards weaker than the markets lead company plans to invest thirteen billion dollars into its infrastructure by twenty twenty and after is in the red on forces russian sales fell twenty one percent in january. from i have seen metropole shares his opinion on the. risk rally in all classes of assets and russian markets is now is no exception in fact this is the high better market so when the risk rally begins russian market usually outperform or so they competitors today we've seen basically growth across all asset classes and across all regions it was a strong p.m.i. number of china then we saw or a bit stronger my numbers out of euro zone about in the main reason is that generally tied for excusing crazing and that's of course happening against the

backdrop of for there has to be his asian situation in the debt crisis in europe. plans to create the world's largest stock exchange i've been. blocks by the european commission says a proposed nine billion dollars. and new york stock exchange would be at a competitive they had a boy says that decision is a quote black day for europe. market players will soon have an opportunity to spend their cash on russian champagne no sparkling wine and make a potential return on one of the country's main producers are but i'll give a soft plans to list ten percent of its shares on the my six by april so the main goal of the i.p.o. is not the money but confirming the value of the company. bill is next we'll have to stay with that city.

because of the opposition groups operating in the country that some members refused to acknowledge. opposition to any military intervention in syria saying. un resolution could aggravate the conflict. with.

secret. campaign insults jews based in the us suggesting that jewish identity is being diluted by the country they live in but many are already feeling alienated by israel's policies of expansion and treatment of palestinians. back with a recap of those top stories shortly in the mean time we talk to the indian ambassador to the united nations about what he thinks the international community needs to do to resolve the crisis in syria. party is sitting down with mr hardeep think poori the indian ambassador to the united nations ambassador pouri thank you very much for sitting down with r.t. i'd like to begin with syria because that seems to be a great point of contention within the u.n. security council not the last and the only time the council reached any type of

consensus on the conflict in syria was nearly six months ago it was under your presidency of the security council a presidential statement was issued in august why has it been so hard since that for fifteen members to agree on does some kind of solution i wouldn't use the word solution but i would use the word approach but you know you're absolutely right the only occasion on which the security council was entirely on the same page insofar as developments in syria are concerned was on third august two thousand and eleven under the indian presidency when the council accepted adopted. that statement is a fairly strong statement because on the government in damascus to walk back from the use of force against its own civilians equally sends a message to the opposition to stop the armed insurrection and to enter into

dialogue with the government and extends both sides to you know negotiate and go down the path of reform after the unanimous passage of this b.r.s. deal on third august another attempt was made this time exactly two months later the council was faced with the situation where two permanent members of the security guards of course sponsored the resolution two others vetoed it russia china russia and china and the fifth a member in the light of some aggressive public speaking in the open chamber the. i could see it's walked out now the reason the council has not been on the same page is because i think as long as the council is in a position to address the recommendation to both sides in a conflict i think you would get agreement but if the council wants to address its recommendation to one side that is the government and is not willing to encourage

the opposition to come to the negotiating table then you've got a council recommendation which clearly is not acceptable to some members what we need to do on syria clearly is to realize that the situation there is spiraling out of control that syria is a sweetener this case that unraveling of the situation in syria will have very serious consequences for the other countries in the region. unlike libya. the consequences would be far higher i'm not suggesting that what happened in libya is not serious enough but talking of libya i want to tell you one of the difficulties that we are having insofar as the situation in syria is concerned is that the security council's expedience in respect of resolutions nine hundred seventy and seventy three on libya are now vitiate think the atmosphere in terms of the approach to words how to deal with the situation in syria it is

reported that in the coming days the security council will be possibly voting on a resolution drafted by western countries on syria calling in part for the for the assad government to surrender its powers given the dynamic of the security council right now the positions being taken by the numbers do you think this resolution will be adopted let me answer your question without reference to a particular. resolution if the proposition were to be advanced that somebody should overpower. in other words a. regime change proposition i think some members of the council including my own delegation would have a lot of difficulty with that therefore i'd like to see how that is coached if for instance the call is for political dialogue between the government and the opposition that's something we could support if the demand is for. you know

absorbing violence reform and negotiations we can support that if as a result of those negotiations there's a political formula which is that which results in power sharing or this thing that's an entirely different matter but this is something for the people of syria to determine i mean as a matter of principle i have a lot of difficulty with people advocating the reordering of this. it is as my prime minister put it in his statement to the general assembly in september the reordering of societies from outside using military force now that's something i have serious objection to russia has proposed a draft resolution on syria when i was quite we were quite comfortable with the russian draft resolution we thought it was a good basis for seeking consensus in the council but i think some of our friends from the western countries had some difficulties with it because it did not contain the course of punitive measures that they were seeking so that's why you think the

west bank i think that's a nice aside as i normally would i think the russian resolution is still around it's not being put on that it's not been put in blue but it's still very much on the table i want to ask you about libya because that was the first time the u.n. security council used the responsibility to protect doctrine it was invoked how come the security council does not feel that the united nations has a responsibility to protect those in syria is it because of what transpired in libya first let's discuss responsibility to protect you know the r two p. has three pillars below which says that it is the responsibility of every state to prevent its citizens from being subjected to mass crimes or two states that in the case of countries where the institutions of the state either nonexistent or whether they're under strain the state does not have the capacity to carry out below one

functions then the international community has the responsibility to help with technical assistance the problem comes in three which. when it was adopted it was clearly in the minds of some new car to blanche or a doctrine for humanitarian intervention in other words if you find in a country x. things are not working you can put together a military force and go and occupy it now that i think is absurd insofar as the implementation of nine hundred seventy three is concerned it uses words all means necessary now all means necessary is a cord word for military action so we sat there in that room as consenting adults and we realized that what we and we consciously authorized. military actions would have to take place on that there is no doubt but what kind of military action yes in it was to get involved they would have to take measures in order to enforce

a no fly zone that resolution one hundred seventy three also speaks of cease fire and when we try to invoke the cease fire provisions some of the countries which were annoyed in the military operation said that they did not want to consider the possibility of a cease fire to liturgy and had been. dislodged so then it became a mission for regime change well that's an interpretation you could put on that and that's what some people are saying now i'm not saying that it was done for it but i'm saying but that's what it amounts to in the end but there's a more even more serious issue. resolution one hundred seventy three specifically refer to an arms embargo but that resolution was interpreted as some people said well it means you can carry out military operations against gadhafi but arms embargo does not prevent you from arming the rebels now i find that situation unacceptable so let's be very careful before we can walk concepts and doctrine to

be yes the libyan experience will continue to guide people now whether that should or should not be that is depends on what kind of resolution the council is faced with we'll see an afghanistan or iraq like scenario possibly unfold in libya with the benefit of hindsight one can begin to have those concerns you're absolutely right i mean the situation in iraq now is extremely. i would say it's untenable the number of deaths which are occurring which are information which is in the public domain and one begins to wonder as to what we what the international community has got in of course in fairness there was no security council authorization for that action but in the case of libya where there was ostensibly a security council action i don't think with the passage of time when historians get to write on and there's going to be agreement on whether resolutions nine hundred seventy and seventy three were interpreted implemented in the manner that

they had been intended to i think the jury's out on that and i personally have a lot of difficulty i'm speaking on my in my personal behalf i have very great difficulty. being confronted with a situation where the security council cannot act on its own a resolution which calls for a cease fire i have very often taken the lead in the council to say that words have meanings and therefore when we agreed to a form of words or a set of words we should be cleared amongst ourselves as to what it is that we are agreeing to. and you know the imposition of the will of those who have. you know military clout etc you know it appears that in the context of the moment or on the context of the immediate crisis that is the approach that could be adopted in the long run these things don't work i mean let's look at the issue of radicalization. i mean we all know all what happens

when military operations you end up producing more radicalized response to it i think i'm gonna stand is a case in point iraq is a case in point and i'm not a but i'm a student of history and international relations i would be surprised if the libyan experience does not result in a more radicalized response from within libya as it is used to. recruit from libya and there are all kinds of studies in which the intelligence community which the you know strategic community and the think tanks are now putting together you know what's happening the militias when they come across a cache of arms they don't surrender it to a central authority it strengthens that now we realize that there isn't into them set up there we realize that they need time so we will support that but you need to

keep your fingers and toes crossed to ensure that you know the final situation months down does not look. worse than what what what we had investor pretty thank you very very much thank you thank you. it was shot four times and all. three of the boys are still in my body. should be allowed to deal. with guns and. people are not sure rifle association. basically retired military

police love to shoot holes and i'm sorry if you know that the bullet comes out here and this makes it go bang and if what's in front of here is going to die that's all the training you really really need raise your hand if you know somebody's been shot ok but to live without one of the philadelphia police or the streets. each a little bit out of the hopefully we will never have to use the weapons for self defense but we should be prepared for the full class including the teacher as it was. seventeen students. and one of seven or so a lot of. wealthy british scientists on roads. on the front. of the. market find

scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines tune in to cause a report on our. top stories here on r.t. moscow says it was back to weapons in boggo on syria because some countries refused to condemn all the opposition groups operating that western backed un resolution demands president assad step down. ukase high court considers a place that we can expound adjourning the sun issues wanted in sweden on allegations of sexual assault and we could expand it insists the case is politically motivated and a response to his website publishing secret u.s. cables. and israel's ad campaign insults jews based in the us suggesting that jewish identity is being diluted by the country they live in that many already feeling alienated by israel's policies of expansion and treatment of

the palestinians. more news for me in fifteen minutes from now in the meantime kate is next with an eye to sports. hello and thank you for joining me for the small round up and here are the headlines movers and shakers russia strike out among signs i look i want to go from tottenham on the last day of the transfer window. to get me out goes to full of. waving the flag maria sharapova trains ahead of a rare fed cup outing for russia at the world number three eyes a place at the london olympics. and media circus the n.f.l. stars face the press ahead of sunday's super bowl showdown between the patriots and the giants. on their stories coming up but first in good form captain john terry will stand trial after this summer's european championships in poland and ukraine

after the center half denied racially abusing q.p.r. defender anton ferdinand the thirty one year old chelsea skate but didn't attend the short hearing in london this wednesday but his barrister entered a not guilty plea on his behalf terry is accused of a racially aggravated public order offense over a video footage which appears to show him shouting offensive comments in and during the one nil defeat at loftus road on october the twenty third. well this one's a london rivals arsenal could retain his place in the english premier league with a win a bolton new console level on points with a gun this trouble to third bottom block but villa entertain q.p.r. sunderland has knowledge and west brom travel to follow where russian striker could make his debut on his transfer deadline day move. while on tuesday night have your hand days and dimitar berbatov stored in the penalty spot as manchester united one two no time to stoke to go level on points with community leaders manchester city who last won nearly certain.