already sickly will he get house in this time well i certainly hope so because you know this is or so i just want to forget i think the more they wanted me to leave it for those reasons the worries beyond all comprehension but not when you think they fuck you that's just your arse they need to the other side of the rule they can do the same big question. about these nominations and they decide whether there is a fact that all the market and it is that they need to do is easy to charge or they struggle with the reputed to carry out those a good. song suggested this will be resolved by the you cannot code or reaching a diplomatic agreement or sweden simply dropping the case which scenario do you think is most likely well i'm right and i think he's not underestimating the pressure of the government. to bring him up you are not reach an agreement

but you know i wish him well i hope that reasonable agreement. that they can document if that or the nice. just a day ago the u.k.'s foreign secretary said there's no end in sight to the diplomatic standoff with ecuador and that despite the block of south american nations siding with tito on the matter and their own so why is london so set on extraditing a sign. all aboard well united states and the united kingdom has had a very full relationship with my government illegally is morally wrong with the prosecution of. the united kingdom one of only in a small sign three disjointed hole. and more easily this. is very. terrible the only thing that. i don't see any other reason beyond the special that of course unfortunate obviously. chaps pontus and thank you very

much indeed just partisan direct soul the courage to resist project on the rec so they carry joining us live around here on r.t. thank you very much indeed. moving on now the multibillion trial that heard accusations of greed and designer stands well as allegations of threats signed by dr evil will come to an end in london court in a few hours russian businessman roman abramovich they billionaire charles have a book club owner as south as zelda russian tycoon the riggers all ski bus living in the u.k. will have a verdict today or he's laura smith is in london. this verdict will bring to an end a case that opened up the secret world of the only guards with all it entails unimaginable sums of money offshore bank accounts illicit payments glauber luxury cruises and deals done with only

a handshake in five star hotels and ski resorts is brought to the london call to squabbling billionaires and their own suraj is expensive lawyers menacing bodyguards and useful women it's a trial where both men have accused the other of lying corruption and greed the main points of the case that is old skis says he lost billions of dollars when abbott i'm over it intimidated him into selling his stakes in russian oil and metals businesses for a fraction of their value but imo which says it is not scheme never owned any shares and that the payments he received were protection money or creature a word that's now freely bandied about in legal circles here in the u.k. as a result of this case our bottom of it says he made regular undocumented payments to bits of ski in return for political protection totaling several hundred million dollars with amounts of five million handed over in cash he also says he paid for

but is also key to travel in a private jets for him a french chateau and jewelry for his girlfriend and the sum at stake more than five billion dollars what but it's all speak beals he's vote on top of the one point two billion he was paid in two thousand and two. the civil trial one of the big east in british legal history came to an end in january and involves hundreds of hours of court time and millions in legal fees chewed in for the verdict between now but imo it should be his dogs eat later. and still ahead for you they solid germany brings out the guards some dutch still and they've taken. to cover some of the economies of consulates. and in the business bullets and a later this hour china suggests i think biological trade with russia by trading in

currencies the detail of this story and more at one time that. this was the plan that was responsible for causing the world's worst industrial disaster and now it had been abandoned in a condition where it had become a source of pollution or the most recent study that was done shows that this water pollution and spread of. food continued to be in the more than hundred thousand people in. groups welcome the fact that children see the children to be ten times more likely to be born with birth defects than children in the rest of the country. in the sea as little as five hundred dollars for

lifelong into these. unpunished. moving on now with the eurozone seeking a financial savior europe's biggest hates not until america has turned down the chancellor isn't china. to the. done a from the european council on foreign relations believes china is a country was spending some time with to make. the big hope in europe is that the chinese would invest in some of the new. vehicles that have been crazy like the european stability mechanism but the chinese. offer lots of words of

support today and yesterday but not much in the way of concrete promises to buy bonds in any case the chinese don't tend to make their bond purchases public so we don't know for example how much the chinese invested in european bones in the last two years since the euro crisis began and anyway we probably won't know so there's a lot of there's a lot of uncertainty about in the case of a boss we see this is a european company and so it would benefit not just germany but also france and other countries in europe but lots of the deals that have been signed. off to the german companies are open to european companies and so to do in that sense there is a competition going on between germany and other european countries germany seems to be winning that competition. china doesn't arrive to the rescue of the euro germany is already having bought into the future. and the selling of the details of

the old school savings five rainy. here in germany the don't try are still very much alive and kicking in fact in a store in central berlin the good old they market is still accepted as legal tender when it comes to purchases with an exchange rate of around two dogs marks to the euro the store's manager says that there's still enough of the old currency around to warrant them taking it was on the name of three the reason we accept which marks is there are still plenty of people with the old currency we get quite a few people wanting to spend them in our store for us from ft it's not just in shops that they're accepted if you find a few demarche coins down the back of the sofa germany's public telephones will happily take them off your hands in germany they surely dropped the old money for the euro over ten years ago in two thousand and eleven alone though over eight million marks were brought to the bundesbank to be changed into crisp new currency

but where is that cash coming from. he had to doesn't have any one of my ugly relatives gave me the school and it's a gift so i decided to turn them into something it could spend on television. we've had them lying around the house for ages we've only just got around to getting democrats changed or there are those though who say they won't part with their deutsche marks as a minister yeah i've got some i keep them as a souvenir i'm not going to change them into euro any according to the blunders bank there's still more than thirteen billion dollars each marks in circulation they say they get returns from as far away as brazil and new zealand so unlike some eurozone members the bank won't place a time limit on accepting old money. so we will continue to take them as long as people keep bringing them it's something of a tradition here that currency from years and years ago will always be exchanged

for legal tender there are conspiracy theory. you say that in the banks vaults are trillions of marks being stockpiled should the crisis deepen so if the cash that's returned isn't being kept for a rainy day what happens to it and once the exchanges completes those deutsche marks the shredded ending their days is very expensive confidently feature all over r.t. . and of course you can always find plenty more stories on our website ask dot com has it tends to be about right now this is a riot may have been the inspiration for the movement just crowds had to find out why the russian punk band is being linked to a grisly double. schools results a cake recipe or maybe the latest updates on the u.s. military drone attacks all at the in the book with a new. let's

now check some other stories making headlines around the globe so hundred and seventy south african miners have been charged with the murder of their colleagues despite the fact it was the police that charged them national prosecutors say office is only open fired because they were under attack by all to protesters more than one hundred fifty of them on is being held claim to have been beaten up in custody the killings as try earlier this month became the bloodiest incident since the fall of the apartheid regime. santa going to is threatening legal action over a book describing the details of the seal raid that killed osama bin laden may last year the department of defense the author who is a former u.s. special forces officer violated agreements not to divulge military secrets

published next week apparently contradicts the official account of what happened. on the republican presidential nominee mitt romney says america is less secure because president obama has failed to slow the rising nuclear program the white house hopeful accused barack obama old abandoning poland of a missile defense romney made the remarks to close this three day republican national convention in florida barack obama will get a chance to counter his republican rival next week as the democratic convention. and later today on our research or i haven't even discusses the race for the white house and the actual significance of party convention conventions but here's a preview. conventions in the u.s. now are sort of a beauty contest they're not they used to be in the history they used to have a lot more effect the nominee was actually chosen at the conventions but now we have a party primary and caucus system which does that so it's just sort of

a coronation of the nominee of the particular party and they'd script them pretty heavily romney has complete control over the conference convention and there observe you ron paul supporters that kicked up a little bit of dust but largely even ron paul is playing the game inside the party so you don't see hardly any disputes. time right now to cross over to the business desk to natasha that's also the russian government i'm a soon so some of its assets online exactly the idea is that the privatization of state assets could be done on the web as well as through more traditional means all the details of the story in just a couple of minutes but first let's go straight to the equity markets and see what's going on there asia first and we're seeing losses that cross the board there

but japan's nikkei has the hardest hit mostly on disappointing july industrial output numbers medaled producers are really feeling the pinch there over in the states overnight wall street equities old still lost some ground in fact around one percent for the nasdaq as investors anxiously anticipated speech why the fed reserve chairman ben bernanke here later in the day the markets for the move more than not expecting bernanke to turn out any more stimulus measures but some clarity would be very timely now on to the currency markets the dollar the souers retreating to the european currency the russian ruble on thursday last value against the currency basket ending at below was a levels. since the end of july we'll bring you the latest figures as soon as the russian markets reopen at about one hour and here in moscow and the equities and then there's the session with the losses they pretty much had nowhere else to go

but down stocks fell to the lowest level in more than a week. gallus brahmans bear bank were among the outsiders what is the old and elite or well managed to win them some of the pressure lower crude hurt the russian equities on thursday dropping to a two week low after worries about her and isaac subsided we're now seeing a different picture of crude is actually trading somewhat higher and so we'll see what's going to happen rob today the privatization of russia and the state asked says could soon go online the state has agreed to the terms of selling its properties through electronic auctions analysts say this could make the privatization easier and also want transparent however online sales don't exclude privatizing state assets through more traditional means and staying with the high tech sector of russia's largest free email service mail dot ru has brought out its

ukrainian namesake mail dot you say the companies didn't disclose the financial details of the deal but analysts estimated to be around half a billion dollars the move should boost mail daughter use position in ukraine where it's already pretty popular. china wants to turn a trickle of its trade in you on into a stream in the coming future beijing uses its currency one trading with hong kong which has hong kong dollars and also was saying a war but it also hopes what an american in the middle east could be next meanwhile russia has long been advocating moving away from the dollar and switching to the national currencies hong kong's financial secretary jong sung splaying to business archie how it could work. what is happening now is a great deal of trace. in the national currency so in

terms of for example between russia and china they would be doing a lot of settlement in un or in ruble this way you can weigh reduce the currency risk that may incur and that it's already happening i think we should expect to see a lot more of that as these two currencies become at some stage of currency for for the rest of the world. well you're up to date on the latest here in business i'll be back in about fifteen minutes our international thank you very much indeed for that update and i'll be back with our top stories in just a couple of minutes. dreaming

of a luxury used to seem round trip with the open air entertainments. a little min of exercise to get in better shape. and cuisine with all my

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welcome but this is all see i would trickle down at night. so i could purchase full foreign nations to intervene in syria to protect civilians as a person who refuses to rule ours taking action be only do one security council. series and one of the topics intrude on our songs is the latest interview that whistle blower call this isn't a good mix revelation as an claims for media has been manipulated over what's happening that. on clash of the titans a london court will give it that in the amounts a billion dollar legal battle between two russian oligarchs living in for example a case support of accusations of dirty dealings and it's read. as the headlines our special report coming up here and also in just

a couple of moments. playing football in the scorching july sun of the iberian peninsula is senseless torture for some of these men others see it as a simple warm up before more difficult contest on dry land they see their rivals face to face but at sea competitors are nothing more than a blip on a radar screen. wind and waves of the only tangible evidence of their determination to win. the crew of the russian three masts sailing ship mir has little time to prepare ahead of the second phase of the two thousand and twelve told ships race nevertheless they find five minutes for

a brief meeting ceremony thank you i would like to congratulate you today as we begin our voyage out to sea i hope we'll have a good start this time too i urge you all to do your best like it was. the crew success is a matter of honor for the captain and instructor of mir he will soon be celebrating his seventy fifth birthday and has devoted a third of his life to the world's fastest sailing boat victory would be the perfect gift that the crew will need to give it their own way the first phase of the two thousand and twelve tall ships race ended with a discouraging result from ear. of the killer actually we were the first to come in after the first lap but after time update we turned out to be third in our class of ships jersey and frederic chopin polish sailboats where head of us our sister ship from poland will be our main rival both ships have similar designs and sails according to the time correction will last about thirty minutes during the first

phase i. think again a thirty to ninety minutes will be enough for us to win here to give a long blast campaign. a. long one by. by noon more than thirty sail boats have left the port of lisbon the second part of the race is short little more than two hundred nautical miles they will need to make up for the time she lost in the first place before she reaches the spanish port of kiss the crew unfurls mir sails all three thousand square metres all. over all of the boats in this prestigious class of ships mir has the greatest claim to victory her rivals pale in comparison to the number of wins she has racked up over the years she also boasts a skillful crew. strictly speaking these races are

a side project from there the russian ship is primarily for training purposes cadets of them a car of academy a would be captains of the russian merchant fleet and they learn how to set sail climb the rigging and timing knots although in the age of nuclear vessels such skills seem as useful as speaking latin. your best out there and where you. will get your any semen must have practiced as well as theory besides they need to have certain character traits epaulets as well as sailors are sent to other sail boats because these people need to make the right decision in the nick of time the sail boat offers the best schooling and character training. day pharrell of canada knows what the person of his mainsail wants him to do their commands are not translated into english after spending several months on may he's

used to the routine and was. so expect it of him indeed sometimes he copes with his assignments better than his russian comrades this is not my first time on this type of vessel is still aboard a vessel called the picasso on the around the world voyage and doing this made me realize i want to sail intelligence a for a living and so i went to school to be a navigator and this was not one of the opportunities for our work term was to come on the show that. there were about twenty trainees like dave on the ship like the sailors they keep watch and they also share courses with the crew there's only one thing that sets them apart they have to pay for the privilege is a floating democracy even the old superstition about women on board being a bad omen is ignored right you know twenty young female cadets some trainees are taking part in the race. my name's leanne i'm from hamburg germany and yeah this is my second time and i would say the big guys help us but we try

to do our best like calling the ropes and so on it's not difficult but it hard they like to think we are right now in fighting the position in the atlantic ocean on route events and that's i plodded every half an hour i feel great about it we all work together as a team and we help each other through it also makes it ok. but portuguese pilot steering me and leaves the bay at two pm there is less than an hour to go before the race starts to motorbikes form a starting line none of the participants in the race is allowed to cross it until a certain moment the most difficult task is to make a careful assessment of the ship speed and direction so that she enters the start corrido exactly on time it takes some complicated arithmetic to add up speeds and subtract minutes.