aimed at hampering the upcoming talks between north korea and the u.s. well at this point we are not surprised that some type of provocation has taken place and i think it is a provocation the united states and north korea were about to start bilateral talks next week in beijing this is about the nuclear program and about food aid and perhaps twittered a treaty to finally end the korean war but here we have an election year in south korea and hoover we have a live military exercise in not only disputed waters but waters that really under international law belong to north korea it would be quite easy to sit down and do. some talking i mean it's not rocket science to dialogue with people we have a profound difference with to use president obama's words so what we look for our bilateral talks other talks the north koreans have been pretty consistent according

to president carter former president carter the united states that they would give up any nuclear program in exchange for peace and normalized relations with the united states and i really look for countries like russia who's in a perfect position to really step forward and demand finally a peace treaty take place between south korea the and north korea but more importantly as well between the united states and north korea so that we can have an ease of tensions in the area. take a look now at some other stories making headlines across the globe alia dueler sally's thirty three year rule over yemen will come to an end this week as voters elect a new president saleh his vice president is the only choice on the ballot the single candidate election was a condition of a power transition deal signed by sally last november after ten months of protests and pressure calling for his resignation the vote makes yemen the first arab country where uprising led to

a negotiated settlement. thirty people have been killed in nigeria when the islamic sect boko haram tossed explosives and opened fire inside a market in the north northeastern city of maiduguri home to the insurgent group the attack set off a gunfight with nigeria's joint task force resulting in eight dead boko haram members the gunman accused traders of working with the military following the arrest of a suspected group member in the market last week. the sixty day state of emergency has been declared in several prove even provinces after heavy rains flooded whole towns thousands of residents forced to leave their regions after their homes were swapped a military planes been sent to deliver food aid the rainy season that typically starts in january has resulted in the spread of dengue fever which is killed more than a dozen people since october. headlines coming your way to a few minutes but first marina's up with the business news stay with us.

well on the all comes to business here and i'd say now russian companies across a number of sectors are becoming second they're victims of the sanctions against iran they are not it states has tightened the sections on the iranian banking system and now the us and railways warns its infrastructure projects in the country are under threat it's a situation that also the company says is simply unfair. things should be clear and transparent. and if this sanctions of the united nations. do not include sanctions against the normal economical corporation in some particular fields or why only one country has the right to consider that the sanctions should be imposed on different banks of different countries just because they are keeping. you know

a credit credit history incorporating with particular a particular organization in their country in order to construct railways. and this is a price in the recent reports saying the european finance ministers have agreed on the new bailout deal for greece now the one hundred thirty billion euro rescue package should help caught the country's that one hundred twenty one percent of gross domestic product in about eight years but experts say it's not enough survive the nation's troubled economy now let's take a look at the numbers and i will start with oil first through this still trading near the highest level in eight months after iran halted the oil sales a british and french companies the w.t. aa is trading close to one hundred five dollars per barrel while the bread but slipped into negative territory trading at just under one hundred twenty dollars a barrel let's move on so i put it he's an age on the stocks there are mostly lower

following the news from the euro zone and in tokyo some exporters to europe are heavily in the red with. around forty percent all reports saying it would lead to issue new stock in order to shore up its finances here in russia it's one hour ahead of the opening bell the russian markets closed in the black of monday the r.t. has gained more than one percent of my sex addict point seven percent. well known that's russia's caucasus region where the russian ambitious move to create alpine skier is source is to gather in speed now billions of dollars worth of investments are still required but in the pitch to international investors the company behind the project says it will pay off more quickly than comparable resorts in europe. we think the breakeven period should be five to ten years maximum even with this period the rate of return will be tempted fifteen percent that's a very good rate of return compared to europe and it's all that costly but you

suggested creating a special economic zone in sochi kind of benefits with this bringing in the lower. house for tax benefits this will mean zero income tax for ten years after a company is established will also zero real estate tax we're also discussing with the finance ministry the possibility to offer subsidies at two thirds of the seabees refinance rate for those who build facilities we're taking measures to ensure we still bring in lots of tourists after the olympics we've been trying to set up a big events here such as warm a one of these players but as we to the peace corp was there on the sale of course the project to develop new results in the caucuses is estimated it up to eighteen billion dollars i guess with the state providing to begin with because how much progress have you made raising the rest. of the world with us and we've agreed our business plans with big foreign companies such as french castor the pork or the korean energy corporation or asked by the russian companies we have pipe maker t m

k investing in a western caucasian resort of course the project itself is worth two point six billion dollars we also have a map to moscow in the caspian resorts world we're going to bid for hosting youth games up twenty seventeen as we're seeking to change attitudes to the region we have agreements with big investors and hope to start construction next year there is a big domestic market ten to fifteen million russians who could become clients of these resources in the world for them as our business looks the south are more stars you can always check out our website www dot coms last business but in the meantime say soon for the headlines with mats five.

thank you. oh i see. it's all designed to keep you close in your small world as a prison. you know you leave somebody in there for a couple hours like that 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 a chose remember from marilyn manson. slayer to songs to be angel of death and raining blood. goes or more coming up here into iraq into baghdad. johnny paul the body sort of for just the rock n roll band is fitting for the job we're doing. the lead.

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story. life on the go. video on demand oxys mind old comes and already says feeds now in the palm of your . question on the dot com. boom which brightened a few. songs from phones to christians. who threw stones on t.v. don't come. easy to.

see. nine thirty am in moscow here r.t. headlines fresh attempt to negotiate a cease fire in syria this time by the red cross it comes as people in the country count on an upcoming referendum on a new constitution to help stop the violence and. u.n. nuclear inspectors visited iran for the second time in the last cent a month with terror on hope. talks will prove its nuclear program has no military

purpose. and the eurozone strikes a long awaited deal on a second bailout for greece after the austerity measures the e.u. demanded of athens to secure the package sparked riots in the debt stricken country . coming up where do you draw the line between sports and entertainment art he speaks with one of america's best known sports managers c.e.o. of the new jersey nets basketball team spotlight up next.

russia would be soo much brighter if you move about song from feinstein question so . please for instance on t.v. dot com. hello again and welcome to spotlight the interview show on party i'm older now and today my guest is bret your work. until millions of people will be buying tickets and watching championships on cable t.v. sports will remain one of the most profitable business that brings millions of dollars to athletes and billions to them managers and team the. business community

praises them as genius but those why not in business even the fans complaints board has become mere show business so what is the threshold between sports and entertain is it hard to manage a professional and success to take we'll discuss it with one of america's top sports magic c.e.o. of the new jersey nets brett. brett your mark is one of the best. known and most successful american sports managers he's been in charge of the new jersey nets for about seven years and he's the one tossed with achieving the club some vicious goals after a disastrous season in two thousand and nine two thousand and ten the nets new owner promised to make him an n.b.a. champion and he just a few years the man behind is the russian businessman mikhail prokhorov he bought the team two years ago following the trend here to invest two point sports.

bread welcome to the show thank you very much for coming why first of all you're in moscow now and are you following the latest political events in russia i am obviously it's created a lot of interest amongst our office having an owner obviously running for election that's why i'm asking i obviously the presidential campaign. of the owner of your team is a russian billionaire and he is he he is deep into politics now what do you think well you know him well you know maybe you one of the people who knows him best as an entrepreneur and the do you think he does have political future which you say well you know i don't comment really on the his political scene of a little aspirations all i know is you know he's a confident. businessman one that has an incredible ackman for everything he does and you know obviously were very supportive of his endeavors and we

look forward to seeing what on ravel of the next month ok well by the way way procter of k two to the united states did he somehow explain his decision to buy than that he talked to you to be do you know what was behind this i mean i think there's lots of reasons obviously he's been a fan you can comment on that if i can he's always been a fan of sport obviously dating back to his days when he owned. here so he's been a big basketball fan he put basketball and so he pays absolutely and i understand he's quite good. oh i haven't played with him but i think in many respects the opportunity to advance basketball here in russia was at the forefront of that decision as you know many of our coaches have been here hosting clinics our players were here about twenty months ago hosting clinics and so i think one of the big reasons was to see how owning an n.b.a. team could advance the sport of basketball here in russia so so you think he does

it for russia he he went into basketball business in the states to get that now and then bring it back oh yes you think yes i think you know he respects that was the driving force behind he holds your club as a guinea pig well i'm going to say that but i think you know certainly the n.b.a. is thinking from there you know i mean i think the n.b.a. does it well i think we're at the highest level of basketball and i think as the sport is looking to advance itself here in russia being able to tap into those that do it quite well i think is a great opportunity for those here in russia and again we know we plan on being very very visible here as the n.b.a. is they opened up an office about a year and a half ago here in russia it's a market that they want to develop and i think together will look to advance the sport of basketball well the last ten years they've seen russian business men investing heavily in foreign sports clubs some facts and figures in

a report now by spotlights you know in the media. the trend was said by room on a broom or beach in two thousand and three he bought the british chelsea football club the two hundred thirty million dollars the russian tycoon also paid out the cops to me to promote which spared no money to the team's success that got him on the criticism for distorting the food boettcher. lance from market throughout europe with unlimited cash abramovich is infatuation appeared contagious russian businessman started to acquire food book clubs worldwide australia and sudanese control in share was bought by they have a truck to then go in two thousand and eight in two thousand and eleven the year recurring blaine acquired it to alan. only the same year two guy of what the subways in new shut then mocks the proper of her schedule the only russian

businessman to prefer basketball to football in two thousand and ten and the approved the sale of the new jersey announced a proper of two hundred million dollars thus the russian tycoon and currently presidential hopeful became the first non north american and be on. the nets haven't been very successful in the n.b.a. last couple of years do you expect the same success to come to the nets with praha fast to chelsea and regret much i think mr program of has in store great level of confidence in our franchise and over the last couple of years we have been rebuilding getting ready for a big move to brooklyn and i think we've set ourselves up to be quite successful this offseason as we're very we have a lot of flexibility when you think of draft picks the salary cap we've got a lot of space. and we've got short term contracts so we're going to be in

a position to truly entertain lots of different possibilities so i'm very confident that we will bring a great product to brooklyn next year of course americans are not so conservative as the brits but are. all of the tea the fans happy about the new russian owner yes absolutely no conservative moral i mean none who are none whatsoever i mean i think the. braced michael from the time he purchased the team obviously he attended quite a few games last year this year it's been a little bit more challenging for him you know given what he's looking to do here and in russia but our fans are or very much engaged and they like the direction of ownership. well i keep seeing your club but who actually owns the club i mean was it profit off who bought you and your club or was it you who brought that money back into the club. mr program purchased the team purge the team

from the former owner mr andrew shriner. and mr pro grove was certainly someone that was known in the n.b.a. circles as someone that was very interested in buying an n.b.a. franchise if it was in the right market at the right time and thankfully the marriage was made and we're very excited about it so he can call in that's his club yes and used to call it you know i don't know i mean i already interest i treated as my own obviously i have the responsibility to manage. the franchise on a day to day basis but he is mr program squad but you built it and he bought it but you built it so it's your house void by somebody or it's now what about this is interesting to me is it possible to be i mean owners can change but the man who build the club as you well i mean i don't take the credit for building the club i mean i've only been with the franchise for seven years obviously during that time period we have embarked on our big move to brooklyn so that's been

a huge undertaking for us but he's mr programs club and obviously i work for him in the board and i'm very happy to do so well you keep mentioning moving to brooklyn i understand that this is a very important and it's and it's a very critical period of the of clubs is truth first of all your clothes going to change your name is going to be the brooklyn nets rebranding absolute russians are crazy about rebranding. you know we we changed police to militia militia back to police every three years so was it all sort of side of the rebranding or were was a before it was born before mr prosser wasn't his idea it was not but he endorsed it and obviously if he wanted to change it he could have but i think the notion that brooklyn is the brand. it was something that he certainly agreed to and we were very very pleased to be calling the team the brooklyn nets but this may be risky yes i mean the fans the whole history the thirty five years of history you

know jersey thirty years really did it well you he went to you got you going to well i mean this goes down the line or not now i don't think that's necessarily the case you know our goal and as marketers you know the what we need to do is make sure that we don't alienate our current fan base but at the same time i look forward and embrace the new fan base that's coming in brooklyn if we do our jobs correctly the jersey fans will follow us whether they're watching on t.v. or work or come and watch games in brooklyn life at the same time we will inherit and hopefully embrace a whole new fan base in brooklyn what is the key to doing that you said you said the brooklyn fans the new jersey fans will follow well i decided so we like like twelve miles i mean yes from location to new location but. what do you have to do it shouldn't be that easy we've got you know fans to follow you when you're when you're going away i mean that you're going to pretty girls and they're all i mean you know what we've got to give them a reason to follow what we've got to deliver

a good product when we get to brooklyn that will keep the jersey fan very interested in me no longer the home team i mean you know what we're in the same market you know the dma which is a designated marketing area of new york new jersey and connecticut we're still there but we're in brooklyn and we did keep the name nets so those fans in new jersey that still want to root for us will have a chance to. so and quite candidly the relocation new jersey fan base has gone quite well as they've already purchased tickets for a season in brooklyn says brett your. new jersey nets back sure to break so stay with.

us returning. to the. piece of pizza the looking glass at what will be the homes of the future.

in the residence every day trash protects you from the elements outside and the whole system works to save you. from the spotlight on the latest building projects all around russia. more news today violence has once again flared up. these are the images before it has been seeing from the streets of canada. giant corporations are on the day.

welcome back to spotlight i'll be love in just a reminder that my guest on the show today is bret you are mark c.e.o. of new jersey nets well we've started talking about well that parallels between. buying a club in london profit of buying a club in new jersey well. which was sharply criticized for overspending on chelsea i guess you as a manager wouldn't care what my somebody overspending on here in your club but as chief executive officer and the president of the b.s.e. do you approve of overspending over commerce lies ation of sport which turns sport into into showbiz tonight i think there's a limit but we are in the entertainment business and as i was saying earlier today with some with some other people we still fun i mean we don't sell wins and losses we sell fun we sell entertainment we sell the overall experience from the time a consumer sets forth in the building that it will sports is different from usual

for usual showbiz because you said you set standards of healthy life you so dream i mean to become better and well now ordinary entertainment doesn't just dream but if you don't know what's going to different you know it's like entertainment is very aspirational right right ok so we there's a common denominator there for sure so i think there's a there's there's a fine line and i think a lot of clubs in the us take it up to that line there if you exceed it formally i was with nascar were sponsors are the sport commercialization there is very much accepted it's part of the d.n.a. of the sport and i think on the stick and ball side it's a little different ok well since you mentioned. you started your career in the nets if i'm not mistake years into the eighty's but then you moved to the different place and your first big breakthrough in your career was.