comfortably neutral is i think what best describes it so would you say right now the best is to say on the fence it's a wait and see approach to see what's going to happen early next year yeah i think that does describe the position very well i've just come back from a trip to australia or new zealand and we see a lot of global investors and the mood that we get is very much one that says they're afraid in the short term they're afraid of coming into calendar year end of volatility and they're accumulating cash to avoid being caught by a sudden drop in prices but to me the unanimity of this view suggests that cash is going to come back into the market and we are going to see a lift in asset prices now i'm not normally someone who's particularly bullish about stocks an asset prices generally but i think i see so many people who are on the way relative to their own benchmarks who are running short positions relative

to where they'd usually be but i can see a lot of potential buying power coming into risk assets and i think that will give a boost to stocks to commodity prices and also to anything that's got a vaguely. label attached to it and i think in that in that respect then as long as there are no domestic catastrophes one could see the ruble as being actually well poised and it's easy to paint a picture that's got the ruble trading back below thirty again if all goes well and that's what the hopes got to be well also with us from a blistering just now that have formed in wednesday's session as you can see it was indeed me down against the dollar but higher versus the year and the highest level i just said september my sony multi-year odds are also pretty flat but noise around that we call high the u.s. stocks they are steady in the session for in the way day advance office job with claims to clients and called. among us consumers rose as well or helping to keep

the ball straight above the water line still as well as the cease fire between israel and hamas as well that's all playing into the situation at the moment coming the jitters of investors and european stock markets and the session slightly higher as investors stayed on the sidelines ahead of the u.s. holiday thanksgiving on the way also digesting the news that the eurozone finance minister is still to agree on conditions for. grace. this is here in moscow that ended the session with guys as you can see one point three three r.t.s. and seven tons of sand for the myself. and staying with russia there are more than sixty billion dollars left in the first ten months of this year far exceeding government expectations so to discuss the matter in further detail what nick told poised at the business desk for us hello ben hi katie so listen how disappointing

are these tech is that everyone let's say will whichever way you cut it they don't do it the government at the beginning of this year had predicted that outflows this year would be valid. so they are a long way away from that they hadn't dissipated the first six months would be when they thought the confidence returned the whole sort of aspect rush would be more optimistic that flows would reverse not would cancel out for about first six months because this is not happened but there is an improvement from here there is seventy billion now they think this year will be the outflow as opposed to eighty four you billion last year but it's still worse in the two years prior to that so you can see the trend is not exactly working in the right direction in turtle they will be out about two hundred fifty billion for the last four years and that is money that otherwise would have stayed here and gone to work in russia i was the problem next time why is it all this money leaving russia one in a word it's confidence. deputy finance minister alexa said it earlier this week the

trust in russia is at the moment very low the government is doing its best to battle this perception is introducing new rules of. public accountability transparency to fight corruption but these are all taking time as we as we've seen before and we keep hearing over and over again the russian economy is in pretty good shape this is the already really the economic growth here is about four percent the budget is balanced and if you look at some of the other major economies around the world they are they would kill for figures like that however it is mostly due to the high oil price and there are still concerns about the lack of diversification in the russian economy the money is not coming from other sources apart from the energy sector and that's why isn't any help the fact that russian that says i've had a bit of a tough year that you know this is probably one of the key things which is which is the return on your money investors like to get make a profit and the r.t.s.

in the last year has fallen ten percent and since the peak of the market in two thousand and eight in may it's fallen forty five percent so investors are actually looking elsewhere to make a return and what about on the international scale then how does this all fit in well this has happened impact principally. european banks withdrawing money now not necessarily because they have a particularly negative view of russia but because they've got themselves into problems in the domestic market so they withdraw money from emerging markets from high peter markets such as russia in order to shore up their positions at home. on the business desk thank you very much indeed for clarifying that. and finally the next time you go shopping you could be spied on by a mannequin according to bloomberg benetton may be among the first retailers to test out cameras inside the plastic models the devices are not just to stop the use

though in their tracks but to collect information on consumer behavior and to keep a close watch or even more of seeing whether someone spends too much time talking to customers or never takes enough time refolding. that you are going to be watching out for someone that is the business but up next here on r.t. we sit down to discuss the extent of the u.s. government's ability to spawn its own citizens with and i say veteran whistle blower william binney after this short break stay with us. which is slow often enough and knows that to ride a horse you've got to catch it first.

for him it's a daily routine that you're soft as a horse breeder on the island of a horn at the heart of. his life on an isolated farm is about blue sky green grass and horses what sometimes it gets lonely here but horses have become part of me now i've fallen off so many times sometimes that bites as well it's part of my every day life. i home suburban home to it neat bratz locally just slough for centuries most still live off the land of cattle and fish every evening local villagers place their nets and in the morning the catch is always good. we always have enough here.

if by call is often called the pearl of siberia i horn i said to be the pearl of by call it's all end of fake forests. and vast staps. it's also a place of traditions respected by locals and travelers alike. an economist turned adventurer has crisscrossed by call shores and learned its customs well. you see pillars like this and thought to have supernatural powers every traveler who comes here asks. spirits to make their journey easier give them strength and fulfill their dearest wishes. virtually undiscovered by tourists until some twenty years ago i was cornish quickly become a magnet for nature lovers and you will see cars but those used to five star pampering may be in for a surprise the arlington infrastructure has yet to catch up with the growing demand

you're quite some way from civilization here accommodation on the island is very basic so you can forget about a t.v. or even run in water for most people a tent is the only real option but for those who come here it's exactly what they're looking for. in journey to buy coal can be unique trip of a lifetime and the local say once you've seen it you'll be coming back again and again.

my guest today is william being a whistleblower former national security agency official he was one of the first to reveal the agency's massive domestic spying program mr binney revealed that n.s.a. sought and received access to telecommunications companies the mystic and international billing records that it has intercepted somewhere between fifteen to twenty trillion communications mr binnie also claims that in order to cover its warrantless surveillance the agency concealed it under the patriotic sounding name terrorist surveillance program mr beaty thank you so much for coming in light of the patriot slash. scandal while the public is so focused on the details of their family drama one may argue that the real scandal in this whole story is the power the winch of the surveillance state i mean if we take general allen thousands of his personal e-mails have been sifted through private correspondence i

mean it's not like any of those man was planning an attack on america does it prove does this scandal prove the notion that there is no such thing as privacy in a surveillance state. well yes that's what i've been basically saying for quite some time is that the f.b.i. has access to the data collected which is basically the e-mails of virtually everybody in the country. and they have at the f.b.i. has access to it all the congressional members are on on the surveillance to it's not no one's excluded they're all included so yes this can happen to to anyone if they become a target for whatever reason. if they were targeted by the government the government can go in with the f.b.i. or other agencies of the government can go into their database of all their daily collect go down on them over the years and reanalyze it also record actively analyze everything they've done over the last ten years at least and it's not just

about those who could be planning who could be a threat to national security but but also those who could be just it's everybody i thought their narrative device simply takes in the entire line so it takes all the data. in fact they advertise the way they advertise they they can process the lines at session rates which means ten gigabit lines that's the nearest. not the s.t.s. sixty four hundred but the i forget that this is another device that they have that does that but it does a ten gigabit ten gigabit that's why they're building bluffdale because they have to have more storage because they can't figure out what's important so the storing everything there so all the e-mails going to be stored there for the future but right now it's stored in different places around the country but it is being collected in is that has f.b.i. has you know you say to it collected in ball quick valley even requesting.

providers and then what about google you know releasing that it's this biannual transparency report and saying that the government's demands for personal data is at an all time high and for for all of those requests in the u.s. google says they complied with the government demands ninety percent of the time but they're still saying that they are making the requests it's not like it's all being funneled into into that storage what do you say to that well i would assume that that's just simply another source of the same data that they're already collecting. mark klein in his declarations in the court about the eighteenth the facility in san francisco documented the n.s.a. room inside that ace t.n.t. facility where they had narrows devices to collect data off the fiber optic lines inside the united states so that's kind of a powerful device that would collect everything that was being sent it could

collect on the order of one hundred over one hundred billion one thousand character e-mails a day one device. so that that gives you an idea of the magnitude of the kind of collection that's going on well we are saying they they sift through those are healing in so billions of e-mails i wonder how do they prioritize i mean is it like foreign nationals first what what's the how do they prioritize how do they i think trip i don't think they're well first of all i don't think filtering they're just going to store it all ok so then it's just a matter of selecting it when you want it so if they want to target you they would take your attributes and go into that database and pull out all your data that's what i was going to ask are they reading my e-mail. i should say there is no yes ghana's then generally in my e-mail. do you think now that i said that they will stop looking into my help but i don't think they will make any difference no if they have they had you on the target list you're on the list or are you one part

and i'm sure i i i believe i've been on it for quite a few years. so i keep telling them everything i think of them in my e-mail so that they when they read it they'll understand what i think of them do you think we should all likely messages for the i want to say you know mailbox sure mr binney you blew the whistle on the agency when george w. bush was president with president obama in office in your opinion has anything changed that the agency in their surveillance program what in what direction is ricin ministration taking program changes that it's getting worse. they're doing more that's why they i mean he is supporting the building up of the buff they'll facility which is over two billion dollars they're spending on story john of data so that means that they're collecting a lot more now and they need more storage for it so that that the syllabi by my calculations that i submitted in

a sworn affidavit to the court for the electronic frontier foundation lawsuit against innocent. would hold on the order of five thousand exabytes or five zeta bytes of data just a current storage capacity that's being at advertised on the web that you can buy currently and that's not talking about what they have in the near future ok so what are they going to do with all of that ok they're storing it why should anybody anybody be concerned well if you ever get on their enemies list like a tray s. did or for whatever reason then you can be drawn into that. surveillance do you think they were the general petraeus who was idolized by the same administration when general allen well there's certainly there's certainly some questions that have to be asked like why would they targeted to begin with. what laws were they breaking or what probable cause did they have in beginning even so zero portray as

i saw one would argue that ok they could have been there could have been a security breach or something like that with but with general allen i don't quite understand because that what they were looking into his private e-mails of took to this to this woman and so all this is that's the whole point the whole point is what president or there is a telling why do they i'm not sure what the internal knowledge like this is yeah well that's part of the problem this government doesn't want things in the public that it's not the government a transparent government so they whatever they're doing whatever reason they had the motive and whatever the motivation was i'm not privy to it so i don't really know but i certainly think that there was something going on the background that made them target those fellows i mean otherwise why would they be doing it there is no crime there it seems that the public is divided between those who think that the government surveillance program violates their civil liberties and those who say i

have nothing to hide so why should i care what do you say to those who think that you're concerned that the the problem is if they think they're not doing anything that's wrong they don't get to define that the central government does they do the central government defines what is right and wrong and whether or not they target you so it's not up to the individual to even if they think they're doing something wrong if their position on something is against what the administration has then then they could easily become a target tell me about the most outrageous thing that you came across during your work at the n.s.a. well. the violations of the constitution and any number of laws that existed at the time. that that was the that was the part that i could not be associated with that's why i left there they were building social networks on who who was

communicating and with whom inside this country so that your entire social network of everybody of every us citizen was being compiled over time so they're taking it from one company alone or roughly three hundred twenty million records a day that's how over time that that's probably cumulated up to close to twenty trillion over the years the original program that we put together to handle this to be able to identify terrorists anywhere in the world. and alert anyone that they were and under jeopardy would have would have been able to do that by encrypting everybody's communications except those who were targets so that in essence you would protect their identities and in the information about them until you could develop probable cause and then once you showed probable cause then you could do a decrease in target them and we could do that and isolate those people all along

that wasn't a problem at all there was no difficulty in that but it sounds very difficult and very complicated easier to take everything and then you know it's it's easier to use the graphing techniques if you will of the relationships for the world to filter out data so you don't have to handle all that data and it doesn't it doesn't burden you with a lot more information to look at then you really want to look then you really need to solve the problem so do you think that the agency doesn't have the filters now no. you have received their callaway award for civic courage i congratulate you on the website in the press release it says it is awarded to those who stand up for constitutional rights and american values that great risk to their personal and professional lives. under the code of spy ethics i don't know if there is such a thing i assume not your former colleagues they probably will look upon

you as a traitor how do you look back at that oh that's pretty easy they're violating the foundation of this entire country what our entire foundation of what how why this entire government was formed was founded with the constitution and the rights given to the people in the country under that constitution they're in violation of that and under executive order one three five two six section one point seven governing classification you cannot classify information that just to cover up a crime which this is and that was signed by president obama also president bush signed it earlier executive orders very similar one if any of this comes into the supreme court and they rule it unconstitutional then the entire house of cards of the government falls what are the chances of that what are the odds well the government's doing the best they can to try to keep it out of court and of course

we're trying to do the best we can to get into court. so we just thought it deserves a a ruling from the supreme court ultimately. the court is supposed to protect the constitution all these all these people in government take an oath to defend the constitution and they're not living up to their oath of office thank you thank you for being. looking at some dorks you simply do not believe they come speak and goodness how they can wrong oh. it's an international sled dog race with those driving the dogs. coming from as far away as a strand in canada and the us i come to russia and everybody is so very friendly

they welcomed me with open arms and the scenery is so beautiful it's very much like alaska and so i felt at home the first sled dog was brought here from australia now it's trios come to this remote russian village to take part in the race it's not surprising they love it this trail are amazing but even more amazing is the story of how racing first started here atoll it wasn't a tough sled grazing who set the trail ablaze but a nun and for all phones who brought their dia to life. five years ago. built a dog kennel in the village kids from the local open age came around to take care of the dogs and one day they state their life might seem extreme to some the boys wake up at six to feed the dogs before school in the evening they spend up to three hours training their full legged friends but smother perske have also encourages her kids to become depth hands on the computer and internet the boys regularly

updated their website and they're in touch with their busy mother twenty four seven on the phone each summer but children are the most important thing my only interests not play any rule any more and regardless of whether part of schemas huskies window race or not she hopes the competition will take place in the village next year. but called these dogs and the children it really is not the winning but actually just the taking part that counts. yeah but both the war horse was given oats we have a lot of illegal all the groups you're the root causes of the schools is also

argues in the right. by a lot it was like many at that age it was of course just as muddy when i was fifteen years up here can liberate their will is certainly can't do it through the barrel of a gun only that the social changes will be the afghans themselves afghan men and women we believe are going to stand up to it across power without the power to fish out. it's up on the shelf and at a construction stop people in the obama administration talking about how much they care about the women of afghanistan it's true they don't care about the women of afghanistan.

live. leak. league play live live

. british live demo minister lynne featherstone said that since women have babies it allows men to pass them up on the letter to power essentially children are a setback for women who want to be successful and equal to men so they want to give men the option of taking maternity leave or would that be paternity leave i don't know i kind of see the logic of her view but my question is featherstone is why exactly is success in the corporate world the primary goal of life for men and women as a feminist i would think you understand that wanting to fight your way up a ladder to buy a big car replace your shortcomings is a very male way of judging success are women who choose to have families failures

or at least unsuccessful in your book even as a man i know that my pocket is really empty after having the first of hopefully many kids but i don't see our child as a financial setback keeping me from buying an x. box guess what success is relative to the goal and maybe a corporate boardroom vision of success isn't for everyone women who have kids aren't failures in my opinion but then again that's just my opinion.