the official t. application your i pod touch. on the good. video. and. now with the palm of your. dot com just turned eighteen minutes past the hour in the russian capital now to some other news stories from around the world rebels in sudan's darfur region say they've taken at least forty nine international peacekeepers hostage they claim soldiers entered their territory without permission and were accompanied by suspected intelligence officers most of those seized senegalese troops with the joint u.n. african union peace mission. in senegal of intensified days before the country's crucial presidential vote to set cars ablaze and barricaded roads as police packed with tear gas and rubber bullets at least six people have died in the violence and

unrest started last month protesters among president. draws his bid for a third term in office as it contradicts the constitution he says the decision should not apply to him as the term limit was put in place while he was in office. south korea's health live military drills on islands near its disputed maritime border with the north despite the threats of retaliation from pyongyang the country does not appear to have reacted so from two thousand and ten will korea responded to similar drills from its neighbor with an artillery attack that killed four people and raised fears of a wider conflict the tension comes two months after the death of north korean leader kim jong il. your pastor and former east german human rights activist looks a shoo in to be germany's next president he has the backing of chancellor angela merkel and all political parties as a replacement for christian who was forced to quit last week over corruption allegations merkel had opposed gulfs bid for the presidency in two thousand and ten

in favor of of all. the senior pakistani cleric with ties to the taliban in afghanistan says president hamid karzai has asked him to help mediate talks with insurgents causes trying to contact the taliban in the neighboring country but his efforts to secure the help of pakistan civilian and military leaders have apparently failed so far his military contributor says it's washington that should be negotiating with islam about one of the main challengers for the afghan president during his visit to pakistan was how to persuade the pakistani military and civilian leadership to mend their ways and to sue poort with the negotiation process between the united states government and the taliban however despite their best intentions in cobol and washington d.c.

their whole format of negotiating with taliban was doomed from the beginning to do the right thing the right way the united states has to told directly to islamabad and only after the successful completion of this negotiation only then there are a chance to come push any positive development in rick installing peace and security both you know afghanistan and across the border. if you get it's will be looking into the challenges the group of twenty major economies will be tackling this week so it's all of today's financial facts and figures in the business update with dmitri. banks bill prices have jumped to the highest levels in nine months up to run halted

crude exports to the u.k. and france on sunday the move follows the european union's decision to stop buying a radiant oil starting in july the west hopes to persuade iran to curb its nuclear program and what we're seeing right now is brant one hundred twenty dollars per barrel have to gains also for nymex crude which is currently up but to one hundred five light sweet experts don't expect crude prices to climb much higher as they say reining in risks for the most part of already been priced in despite a surge in prices and the say runs decision is more of a symbolic act even servility medicine coffee from north capitol expects the issue to keep prices high for months to come. particular story has been taking a lot longer than one should expect and i expect it can last for another several months during which the oil will be a normally high. but i am pretty sure that as soon as this will be the result one

way or another the oil will what is the normal prices for oil definitely for w.t. each should be below one hundred dollars per barrel because otherwise the price for . a regular on there will be more than four dollars a gallon which is kind of disasters of the year or the presidential campaign whatever is higher than that i consider is a normal level but we. definitely experience that in the months to come. meanwhile iran is turning to a barter offers gold and oil in return for food economic sanctions by the united states and europe make it difficult for around to pay for imports in euros or dollars and bring in traders are in talks with russia over using rubles to pay for grain over the past two weeks around more than a million a million tons of grain from russia

a significant increase on last year so you look at the markets. all closed u.s. markets are closed for president's day in europe monday's session ended on a positive note with the french finance minister saying all the elements are now in place greece to get its next bailout allotment footsies up point seven percent of the tax at twice as much as we look at russia pretty similar picture the r.t.s. up more than one percent but my six up point seven percent now is mainly driven by energy and financial shares gas from our point seven percent so is burbank but the outstanding gate was baltic of russia's largest brewer beer brewer it's up fourteen percent that's all news its parent company carlsberg will be buying out the remaining twenty percent stake at a premium to the market price. and the euro is seeing some gains versus the dollar loan the european leaders would sign off on greece's second bailout package and

also in the back of china's monetary easing which happened over the weekend. foreign investors are russia's regions according to t.v. with media of the head of the country's direct investment fund speaking at an economic forum in siberia he told business r.t. about the main attractions for foreign money in russia. as a response of the interest of logistics area that's very important there is quite a bit of interest in the infrastructure and those are very specific projects so for example airport infrastructure is very interesting to look up and i would trip upon which is one of the largest investors in airports worldwide we tailor investments and we invest with those investors into areas in the industries in the stand well and therefore they can do a good analysis of the project and their value to it going forward cash strapped ukraine may get yet another discount for russian gas the energy ministry in moscow is calling for the resumption of talks that follows the decision by gas from last

week to help prices for european customers by ten percent moxy must go from u.b.s. believes the russian gas monopoly will have to offer more concessions if it wants to remain competitive intimated to the season because you have to somehow. sustain your market share in the environment side by turning to your side and they said don't give south cheaper and more flexible as you can provide so then you should sub from the situation at least ten percent of it just cover a pretty percent of the total exports i guess for your question was eighty percent remains so then potential is ten percent is what gift was ready to provide to put you to get to put away the customers for the biggest customers. are the headlines are next with building stay with us.

sometimes you see a story and it seems so you think you understand it and then something else you hear sees some other part of it and realize that everything you. are welcome is a big picture. it's all designed to keep you close in your. world as

a prison. you know you leave somebody in there for a couple hours like in a stress positions. you have this fear of the unknown in this stress sort of building and. i've seen interrogations go on ten twelve hours they chose songs i remember from marilyn manson. slayer the two songs would be angel of death and raining blood to me there was a war coming up here into iraq. johnny pulled the bodies to the floor which is the rock n roll band it was fitting for the job we were doing. wealthy british style.

markets. find out what's really happening to the global economy with my. global financial headlines kaiser report. this is. chinese state media says the u.s. and nato countries support of syria's opposition fighters is driving the nation into civil war beijing and moscow are calling for a political settlement in the country but the top chinese diplomat recently visiting damascus. debate whether it will sink or swim as they decide in the next one hundred thirty. days of metal demands to secure it as the population rages

against deep cuts. london and washington want israel against attacking iran's nuclear sites. currently being visited by u.n. inspectors insists its program is peaceful. summer in fifteen minutes from now in the meantime the group of twenty major economies meet this weekend in mexico to lay the groundwork for the g twenty summit later this year the forum will focus on the social and political dimensions of the global economy well up next we talked to the russian finance minister and one of about what twenty twelve has in store. especially about the one with mrs larne if mark onto our program now and number of world leaders including the russian president i want to have a possible global recession how likely do it in the service. of the state and

indeed global recession is possible to a large extent it will be decided by the kind of decision making euro zone countries and other countries caught in the debt crisis are making the priority issue for europe and the eurozone he's healthy financial markets and institutions function today european countries are taking a number of steps to provide banks and financial companies with liquidity so they can settle accounts and lend to the economy driving the economy forward rather than allowing it fall back into recession certainly one of the key points of tension in the eurozone is to what extent countries such as greece will implementor reforms to normalize their budgetary and financial situation the e.u. is macro economic well being depends on the success of these steps budgetary first of all there was no. how susceptible is the russian economy to the developing global crisis and problems in europe in particular. we live in one space

therefore many of our companies are export oriented any reduction in europe's economic growth rate or in european demand can have a negative impact on the growth rate of the russian economy exports would slow down and perhaps even prices for all resources would drop due to lower demand in the euro zone consequently russia's export potential would drop which in turn could slow russia's economic growth rate and cause tax revenues to drop it's obviously of concern of us we're monitoring the global economic situation very carefully and we're preparing for various scenarios we do have the ability to cope with a downturn we have the reserve fund and on. distributed funds in the federal budget which we can redeploy as anti-crisis measures should the russian economy declines we also have the guarantee fund we've made allowances in the budget to use it for supporting strategic industries therefore we've got the right tools just in case but hopefully we won't have to use them what they do us being more active in

balancing its budget doesn't stand pose a threat to the stability of the world's financial system in your opinion or most of them of course america's debt now exceeds one hundred percent of its g.d.p. so now all countries whose debt exceeds mastic criteria should start thinking about cutting deficit and debt levels sure deficit cutting may lead to a situation where states cut spending this will depress demand and the slowdown the economic growth it is vital those states carry out structural reforms so the consolidation does not negatively affect growth otherwise there is a risk of an uncontrolled downward spiral when spending cuts lead to a slump in growth which leads to reduced income which in turn means less spending the challenge now is that countries with high levels of debt take a consolidated position on ways of getting out of this situation this is going to be on the agenda at this weekend's g twenty finance ministers meeting in mexico.

what should be done about the axes dollars that have accumulated in the global economy. indeed it's spread all over the world most countries keep their gold in currency reserves in bonds and equities of reliable states in fact the usa is one of those with a high rating russia to keep some of its reserves in american assets but america is running certain risks on its long term stability and security. we will look however at how they approach implementing a whole set of proposals to the us congress on balancing the budget we hope to see such measures implemented and the risks we are talking about reduced. figure then that russia's accession to the w t o is a well timed move especially now in a time of crisis how will it affect the financial services sector and what's going to happen to banks. in fact we can even say now that russia has practically

entered the w t o because we observe most of the w t o imposed restrictions we hope to gain some benefits and advantages from our w t o entry in order to increase competition and make it possible to protect our goods in western markets within the w t o framework that is why our companies have already incurred the expenses linked to w t o entry now we are waiting to see the exactions positive impact on russia's economy or what are your forecasts for the g.d.p. growth this year and inflation you know. we hope inflation this year will be lower than in two thousand and eleven at least the first weeks of two thousand and twelve indicate the inflation rate is much lower than last year however we've postponed raising tyrus for housing and utilities as the services of other natural monopolies to july first this year so this year the inflation rate will go up slightly but this will happen a bit later than last year as for economic growth we expect the economy to grow at a rate of about three point six to four percent we hope that the global situation

will contribute to us failing to fulfill our forecasts there the basis for our budget and any did line in economic growth rates also decreases the inflow of taxes we stand to lose approximately one hundred fifty billion rubles even if the growth rate drops by just one percent that is why it's vitally important for us today we are talking about the need for structural reform that would make our economy more attractive to business growth is above all stimulated by investment and investment always comes where economic policy is clear and where investors feel comfortable now you have just mentioned and that's meant but what are your forecasts for capital flight from russia the seer which seems russia so huge capital flight worth eighty four billion dollars last year really it used to be a trend in many developing economies i think that in conditions where liquidity has started to appear in west european countries. and the european central bank has started injecting funds into the banking system the question of capital flight that

took place last year will be less thorny for russia this year. and. how much of the state budget will come from oil and gas revenue to the other governments and gas revenues accounted for almost half of all federal budget revenues last year this year we initially planned a smaller share about forty five percent of budget revenues will come from oil and gas but in view of the fact that oil prices are still strong we cannot rule out that these revenues may be higher than predicted our task is to prevent these market determined prices from provoking a rise in public spending because all these prices are market determined and we cannot allow the market to determine our budget expenditure in our view these bones should be channeled into our reserve funds so they can be used in case the foreign economic situation gets worse today it's variable but tomorrow it may get worse. and my last question is about europe what measures should you have take to overcome the crisis austerity measures could undermine demand and that would make it

impossible to relaunch the greek economy how can russia protect itself or europe or . europe simply needs a clear and coherent stance on questions related to the financial sector if european countries especially greece faces certain problems because of the absence of this clear cut stance on funding and provision of liquidity it makes the market distrust the competence of the european authorities if you're asking how russia is going to participate in all this a regular g twenty meeting will consider how to increase the international monetary fund's resources if we manage to increase the money behind the i.m.f. to six hundred billion dollars some of it will be spent supporting individual european countries and it should help further stabilize the euro zone let's hope the g twenty meeting will agree to provide extra money for the i.m.f. in this context russia will contribute additional resources necessary. on of thank you very much you're welcome.

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designed to keep you close in your smile world as a prison. somebody in there for a couple hours like that in a stress positions. you have this fear of the unknown and the stress sort of building and. ten twelve hours they chose songs i remember from marilyn manson. slayer. blood. going to war coming up here into iraq i mean look into baghdad. charlie

poole of the bodies hit the floor which is the rock n roll bad it was fitting for the job we were doing a. wealthy british style holds. the. markets why not scandals. find out what's really happening to the global economy in these kinds of reports on our t.v. . sets .

forces are not reach oily state media says the u.s. and nato countries support of syria's opposition is driving the nation into civil engineer moscow calling for a political settlement in the country with a top chinese diplomat recently visiting. greece's credit to debate whether it will sink or swim as they decide on the next one hundred thirty billion euro. has met all demands to secure it as the population rages against deep newcomer. among them washington one israel against attacking iran nuclear sites for the time to let sanctions do their job iran currently being visited by un inspectors insists its

potomac program is peaceful. towards more developments and fifteen minutes from now in the meantime the latest business news i should say sports news with dimitri stay with us for that. follow the sports thanks for joining us coming up in the program. prepared to take on spanish giants real madrid in the first leg of the. russian capital. seventy eight a big world number three of all the federal wins the world. beating del potro set. america.

to claim the world championships title slope style. football first real madrid final training session ahead of the. big round of sixteen clash with moscow and. reports that spanish giants have been at some form this season and will be strong favorites to book their place in the quarterfinals. subzero temperatures well controlled simmering years team as they took to the luzhniki pitch ahead of tuesday's encounter the current leader leaders have a stunning a ray of talent with their disposal of the likes of christiania romaldo. and this of those ill very attacking options however the portuguese expects a tough month chicken serious car a team who's come up against on a number of occasions. your. not only when i was the head coach will enter but also with chelsea back in two thousand.