we have a war lords war criminals we have a lot of illegal only groups of the be called citizens who sues also argues in the home or right enough to find out it was like many of them out h. it wasn't forced marriage it's the smadi when i was fifteen yes you can liberate there when a certainly can't do it through the barrel of a gun salute effective social changes can be the afghans themselves afghan men and women we believe going to spawn cannot cross. wait out the patient it's a petition and get a construction up and stop people in the obama administration talking about how much they care about the women of afghanistan it's not true they don't care about the women of afghanistan.

parents versus social workers docu nabby b.m. labs dot com and me me that damn good men and children have become prizes to fight for why does the long threaten families of the social fabric to see in the form of a her right of the old woman email me for a favor they have any crime or for suspicion about the world more fuel for your children are often a just better at bringing up kids than their own mom and dad. even from what we have an industry that is so. concentrated on the other foot true it's true.

this is our team for millions in the u.k. the cold winter may be more biting than ever soaring energy prices look set to drag people into what's been hailed as feel poverty where the only way to stay warm is an extra blanket is r.t. if you're a smith with the story in four. it's a bitter winter's day in london and inside this plot it's not much warmer single mother of four julie has only one thing on her mind as the cold bites how is she going to pay her ever rising energy bill i decided to take fewer libel. and i only use one in my. kitchen and my you just one like trying to cut down. the bill next time but every guy on the bill. we spoke to julie last winter when she was already struggling and we've come back to see how she'll face is even

bigger challenge five of the six big energy companies have announced price rises of around ten percent according to use which whose business it is to help people reduce their bills it will drive more into an increasingly common form of poverty poverty is where you spend more than ten percent of your net income on your energy bills and we've seen these recent price increases pushed three hundred fourteen founts and people into fuel poverty that's on top of an estimated seven million people. one survey ahead of this winter found energy prices were the biggest concern for consumers ninety percent said the cost of energy was their main household worry ahead of rising costs for food petrol and mortgage payment julie shows me her energy bills carefully conserve to chart the inexorable rise

since she moved in in two thousand and seven she's afraid that this winter her children's health will suffer again in a way that when accomplice or his blanket his socks and don't just put it on the movie we call two thousand and ten and two thousand and eleven there were sick because. to be mean. while julie's children are getting sick the energy companies are profiting british gas prices are up six percent is on track to make one point four billion pounds in profits this year and e.t.f. with the highest price rise of ten point eight percent announced profits of one point six billion in february where are you going to find the extra ten percent that's going to go when you go from seven. london. now to some of today's news in brief this hour at least five people have reportedly been killed and more than seventy injured by

a bomb attack in northwestern pakistan the blast went off in a shop on the root of the shia muslim procession the taliban has already claimed responsibility in the attack it's the second explosion to hit the district in less than twenty four hours taken the number killed over the weekend to thirteen today's blast comes or despite a temporary call to the mobile phone services was the authorities believed were being used to trigger a number of devices that are. also shells from the democratic republic of congo are holding talks with them twenty three rebels in uganda the rebel group were seized control of a key city in congo's east last week and is threatening to overthrow the government the country is facing a growing humanitarian crisis with around five hundred thousand people displaced since the uprising began in a trial and twenty three fighters accuse the government of failing to honor the terms of a two thousand and nine peace deal that incorporated them into the national army.

of fly and close a factory in bangladesh has claimed the lives of at least one hundred and twenty one people dozens more were injured in the blaze which started on the ground floor and spread rapidly trapping hundreds of workers the calls are still being investigated fires are from shocks workers and poor wiring are common in the country's numerous textile plant. the was a controversial use of unmanned military a cross in hotspots around the world looks set to go on with the british government developing new technology but as our g.'s party boyko found out the locals are close to the testing grounds don't share their government's excitement. for victims in tribal regions of pakistan yemen and afghanistan it's the last sound heard before bloodshed in susie's a constant wiring that gets louder before it becomes visible but for residents of

the quiet coastal town of alba porth in west wales the sound is synonymous with daily life this is the area where the r.a.f. tests its watch keep a drone from as you can see there's one taking off behind me as we speak in good weather the drones take off throughout the day and during the night and as you can hear the noise is so high pitched and dominating that local residents have called this area the buzz box. for local people. because. they fly. quite regularly the welsh government build it as a state of the art technology park that would create four to five hundred much needed jobs for the community the reality a hof deserted site where the ministry of defense employs about thirty people to help test the watch keeper there is a sense of frustration in the area

a number of people who were for it in the beginning now opposed to it because they didn't realise that. it was going to be there is behind the development of drones say it means less soldiers come home from war zones in body bags but civilian casualties a piling up we know from pakistan that somewhere around two to three thousand people have been killed in trying strikes because of these unmanned systems it's easy to go to war and therefore there will be much more warfare and the world isn't safe for the british government has already spent two billion pounds on development but they're about to commit another two billion on a new armed drone called. it is spent it could be spent on hospitals and schools rather than on killing machines despite drastic government cuts on welfare spending financing for the drones isn't up for debate to the dismay of locals the daily

testing along with the bloodcurdling noise drones on. r t west wales up next r.t. talks to nick leeson of the rogue trader who caused the collapse of barings bank to get some insight on how the banking industry operates. the sun rises over what seems like and lowest forest but here in new directions crime hundred kilometers north of light of all stalk as in much of the world it's disappearing at a county structure a great. markers both illegal and those finding ways to outsmart the system for filing down the forests of the region for them profit goes well beyond the future of our planet and the result could be an ecological crisis we are on the hunt for illegal loggers and it's not going to be easy the forests or nets

in our chances are slim now for now we can stay in our dreams but as soon as we find solid tracks we'll have to drop our wheels and get out silently in order not to scare the loggers off alexander someone in ca has been a ranger for over twenty five years he can spend weeks at a time tracking a single group of loggers easier to work when snow falls in autumn it's impossible to find human tracks and even transport tracks are hard to see after hours of driving we get sent in the right direction by word of mouth you can see that the ground just soft here which means that there's twelve tractor trails are very fresh which in fact means that we need to be quiet in order to not scare them off as we get closer. this team says they're illegal but have no documents now xander can now call the police to take over his work here is done he is overwhelmingly outnumbered there are too few rangers working in the promote the

region and the w w f says the government isn't doing enough to stop it just. as no one tries to stop them in just five years the force will be gone what will the people who live after. it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being. scott's still around the world and perhaps is still small steps that might be a start to people living in harmony with nature. he won't go into the. dirt the old fashion but as the best and brightest take minds gather in moscow some came to work while others came to a place to get up close and personal with devices that recreate masterpieces and scanned russian treasures from inside and from space to keep us safe from oil

spills and forest fires unleash your inner gadget geek as i see major search for the next big thing in the computer world and russia's own giants willing to risk good he's willing to take the fight straight to their creditors going to come here on a long ways down the future of coverage. keep. playing .

the current financial system has received the bulk of the blame for the global economic downturn of the past five years my guest today has a unique perspective on the issue joining me now is nick leeson the trader who is on authorized activities brought down. ukase all those bank barings in the ninety's and who claims the system itself was as much to blame thanks for joining us on numerous occasions you said your story is that of gross incompetence and negligence on his part principally on my part and there's no way of avoiding that but you know there are many levels of the bank both systems and controls the proved ineffective. and there were a number of people that were in place to impose and make sure those controls were working on a daily basis and it's you know when you look at the whole episode it's impossible

to avoid that incompetence and negligence occurring at many levels within the organization but mine is most definitely at the forefront there are a lot of cases similar to yours there's a recent case of a u.b.s. trader who is responsible for one of the largest losses like two two and a quarter billion dollars and another case from societe generale why is it always the traders who get the blame never the top executives and well i mean i think that's a carefully worked ploy in my case it was certainly certainly right serves a purpose for the banks it buys them time because then when eventually the media or whoever result in those questions comes back to why didn't you have the controls in place they turned around well we have got the controls in place now we've done this and it's just a sign that the culture isn't getting better now whether it's getting worse or not is is for somebody else to say but you know in my opinion it's just stay in the

sideline and people are breaking the rules and being encouraged to break the rules . and push the barrier of legality as much as they possibly can and that's the way it was in my day you know banks employ rooms of technology and legal professionals to push the rules as much as they can and if you push. you know even the fictive for and against that to make sure that controls are in place and clearly they haven't what's your view on the state of the global economy right now in the state of the financial system is that something that you worry about it does worry you because because it's impacting everybody like it never did before and you know banks for far too long existed because everybody's belief that the financial markets are complex difficult to understand and therefore of left alone so i think the real positive if there is a positive to be drawn out of the latest scandal is that banks are under more scrutiny than ever before they're under scrutiny from governments and the general

public and the just general public of force in the governments into action because they want something done. so i really hope it doesn't get described as the wake up call like that nobody will ever forget it we forgot about in a very short period of time. we're hoping for meaningful change so it worries me from that perspective because it impacts everybody does it have huge impact on me personally. no and so i don't have the sleepless nights that you are alluding to but it's but i certainly have firsthand experience of the fact that it needs to be solved and something different needs to be done in the future because if we can't continue doing the same we'll get the same result and the same result is good and in fact you said that in your opinion of risk management is an oxymoron is that is that basically why absolutely the i mean financial markets are based on innovation

speed and complexity and there's always a new breed of people who are willing to come into financial markets and explore new ways of doing things more effectively more efficiently making more money developing new products to do it and that's what happens at the sharp end of the business where the traders are and the decision makers aren't and that's what. banks like to do it because ultimately that's where you're going to generate your profit from there's not a new breed of people who are eager to get into risk management into compliance and there in itself you you have the risk because one area is running away from the other and that's the way it's always been so the challenge is hopefully this is what is borne out of the the last scandal is that regulation starts to be more innovative so it's probably active rather than reactive that it is more efficient that it's ever been and the worry at the moment but that i see and i've been speaking to a number of bankers over the last couple of weeks is that there is all of

a sudden there is this massive regulation that they need to comply with and regulation you know if you look if you look at historically at what's happened there's been scandal there's been a new raft of regular regulation which is very staid and you know it's imposed and you know exists for a period of time thereafter it doesn't change it doesn't keep pace and you need to continually from an organizational perspective you need to continually challenge what happens within it from a market perspective you need a regulator that continually evolves and challenges what's happening with it it's not a regulation that exists for a period of time but you've talked about the culture of success perhaps that regulation is not being challenged because nobody really wants to listen to the wessel blowers everybody wants to feel that you know this this train is speeding ahead which is a real problem the you know if you the buzz word in financial markets at the moment

is transparency you know everybody is seeking transparency both from a market perspective from an organizational perspective from a regulatory perspective but the problem is if you if you have an organization or an industry where people are scared to speak. the way that i still perceive a lot of. risk managers and compliance officers are then it is impossible to have transparency you need to have communication you need to have people who are prepared to speak and if something is wrong something needs to be done about it but if you when something. is wrong. you know you need to correctly define the parameters there needs to be some form of punishment and the punishment has to be sufficient to be a deterrent and the problem you know i've worked in the industry but for an outsider looking in an industry where if you speak up if you're a risk manager goes to a regulator because you'll see is ignoring what you're telling them you then lose

your job and you can't be reemployed in the industry that's not a good sign this is somebody trying to do their job correctly and then on the opposite side of that if you manipulated a right for an extended period of time and you've colu did with others to manipulate this right to your own benefit if you have been found out and you lose your job when you're the biggest punishment is that you move to two doors down the road to work for another bank it sends out the wrong signals how can the culture improve well you talk about not speaking out did you wish that somebody spoke out in your time to stop you when i didn't i didn't because you know if somebody if there had been a whistleblower during that time barron's would have survived from our from my own perspective would have gone to jail not gone to jail it depends where it happened in the cycle so i wasn't actively waiting for somebody to find me out i was prepared for it but towards the end of nine hundred ninety four which was the last year i genuinely given up i couldn't continue anymore and at that stage i expected

somebody to ask those difficult questions and find out what was going on he said you were prepared to get caught or to get found out do you have a point and why and now i mean i have no plan for any day i mean the a lot of or some in. history commentators of suggested it was premeditated and planned out it was nothing nothing like that at all it was a series of you know from the first day for the first few days you're expecting a knock on the door any particular moment you're constantly on edge and then strangely when that doesn't happen you going with sort of confidence that you can survive for another couple of days and then you think in terms of weeks or maybe months and then there's a external events like inter external auditors regulatory audit you expect to expose what's going on and you you know you panic around those periods and you're maybe trade more aggressively because you're not going to get past this particular

point in time and then when you do realize the realisation is that the incompetence and negligence extends further than your own organization and then you've got more time how did you fellow traders do you what you were doing and how did they feel when you got found out so this is a story that highlights incompetence and negligence and in order to be able to do that and come to be at one with you have to come to terms with what you did wrong and i think some of those traders probably still haven't come there i mean some of them are immensely successful i mean one of the most successful arbitrage traders who has built a huge operation for barron's at the time and used to take my orders. and you know good luck to him. but it's one of those things that you know they've gone on to have more success and they don't want to be reminded about this dark problem that

exists in their history but it's been almost eighteen years since your plates how did the financial system change didn't change dramatically to to really prevent that from happening on a large scale like that clearly didn't change dramatically enough to use to use your phrase you know barron's at the time in one nine hundred ninety five was described as. a wakeup call that the financial markets would never forget they forgot it fairly quickly you know you've you've had a legion of financial scandals since that time. national strayer bank but there were far too many to mention and there's lots of been lots of corporate failures within that as well so history isn't paid enough attention to we are recreating the mistakes of yesterday the marketplace is. far more innovative than ever before to move more speed in complexity than ever before and the regulator is standing still why isn't it moving with the times they're not good enough the regulator

needs to up again. and commentators have suggested that they're at the top of the game and if they are we we have a lot to worry about there's been a recent study by us versity that found traders are very similar to psychopaths except that it's all in terms of their behavior anyway except that traders are more reckless and manipulative than psychopaths any thoughts on that the first time i've heard that but. maybe that's a statement for a rogue trader rather. than a banker or a trader. and you know it's certainly excessive risk taking and you know a lot of what i had to do on a daily basis was manipulative. thank you very much. please

speak to language. programs and documentaries in arabic. reporting from the will talks about six of the r.p. interviews for intriguing stories for you here. is in trying. to. visit our big. war criminals we have. groups. all. right enough. but wasn't. when i was. here can. and you certainly can't do it through the barrel of

a gun only effective social changes can be the afghans themselves afghan men and women. cannot. but. it's. actually stop people in the obama administration talking about how much they care about the women of afghanistan it's not true they don't care about the women of afghanistan. it was not the military as army. contract with the unit of the huge contracting power it was not the operation to secure and rebuild the country caliber company. contract work in iraq. it was the campaign for making billions of dollars out of

her. bills exceed one billion dollars first sale. profiteers. the great russian. prevailing. asperity. to reenact an epic parade through paris. come a complete triumph. with people's admiration for two hundred. all the globe oh oh

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