culture is that so much of a heaven and a huge percentage of our time the mark of a historic vote yes but will it change anything on the ground the palestinian bid to upgrade its international legal status at the united nations was.

secured laboratory was able to build a new most sophisticated robot which fortunately doesn't give a darn about anything tim's mission to teach creation why it should care about humans and. this is why you should care only on the. length.

live. live. live live. live .

almost thirty three minutes past the hour here in moscow you're watching business our team the global steel industry is in trouble but prices dropping at a lot of excess capacity being built but a europe is hurting the most they're still consumption will be down twenty eight percent this year from the pre-crisis peak to discuss this and details let's cross over to the business desk where nick pool is on top of the story so nick just how bad is it anyway it is becoming quite a problem simply put in a way for the keys you kings unicom it's economist would understand supply is now a full outstripping demand if we look at this growth here you can see that in two thousand and eight basically prices fell off a cliff it's been a couple of years trying to sort of make a bit of a recovery and then as hopes of a global economic recovery diminished they've been slipping back since the beginning of two thousand and eleven to put it into numbers damone this year is about one point five billion tonnes while production capacity is one point eight

billion tonnes that's four too big a difference right but it's the effect of the crisis for the most part isn't it and soon enough for more oil turn around the developing economies like china india brazil putting their hard hats back on what's going to happen then it's a compelling argument and i want to suspect that many people would who proves to be correct is it will to show a return to. to normalcy return to growth however a lot of the extra capacity that it's coming is going to come from those emerging markets by two thousand and sixteen is thought of a hundred steel mills will be online this is going to produce about twenty four percent more steel them we've got a moment now the building boom that we're perhaps anticipating here would need to be starting now in order to take up all of the slack it's only four years away so what's going to happen in the meantime all of these extra mills are going to be

sitting there producing steel which nobody wants so what's going to happen is they going to be idle or they're going to retire old steel mills right but it seems like the impact of that oversupply is affecting europe the most the french government is threatening to nationalize this four hundred million euro steel plant in the east of the country unless it's owner locks we need to sell it basically it seems that changes in the sector of inevitable and actually an analyst i talked to earlier in the day says it's not such a bad thing. the. sort of thing to balance the market and to bring supply demand bills to equilibrium and to support prices so a lot of ground definitely years of going to market them to support prices above what we call supply response so they're actually a lot of positives to this. will perhaps in pure economic terms you are correct and if you are an investor perhaps we so that. the restructuring is inevitably going to

have its own sort of social costs and these could be quite heavy as we're seeing in france at the moment if you believe that is correct and so the treatment of the miners in the u.k. in the 1980's that it is impossible for a government what is a voice perhaps for a government subsidized known profitable industries it doesn't really the question about how you go about undertaking the transition how you restructure the. industry . when there is the potential considerable pain to. well it's basically like adding insult to injury all these austerity measures are already hitting the european workers pretty hard pull reporting from the business this. it's time now to run through the markets currencies first the ruble finished the week lower to the currency basket the dollar was losing to the euro and that's after u.s. consumer spending expectedly declined in october now on to the after the war hits

on wall street they're widening their losses this friday as the so-called fiscal cliff continues to loom the lawmakers on capitol hill keep on the haggling over how to avert it. and the european stocks finished the day mixed the footsie was in the red but germany's dax managed to stay above the line thanks mainly to germany's the lawmakers approving the latest rescue package for greece and here in moscow the equities closed higher more than one percent gains for both indices. back in a ross nafta by popular demand of its shareholders the oil giants c.e.o. has been a reelected as a board member at a meeting that took place and friday business artie's katie pilbeam has all the details if anyone knows the ropes yet it would be eagles he was head of the company's c.e.o. from two thousand and four to twenty levin as you know you know during the time he

was also you deputy prime minister of russia now the chief aim of the president was to that you met but it is these big government officials who would know also be running a big state companies so it was a result eagle so it's not he stepped down as the c.e.o. if. he carried on his role as deputy prime minister now made the shift. and he did really this is something that he did say hey listen you can be c.e.o. for us to get money so you make this thing oh so you got the. right people you for some of the five billion dollars to the guys that have been so important and powerful you could all get this. the italians have a come up with an interesting way of fighting recession and unemployment while the u.s. powerball lottery this week offered a five hundred fifty million dollars jackpot and italian supermarket chain was

offering its customers a chance to win a lot over the jackpot jobs that's right the winners would be awarded a part time temporary storage system position italy has a double digit unemployment rate the october figure is the highest in about thirteen years so it's not surprising that according to the supermarkets odor about ninety percent of the eligible customers were willing to try their luck but you're . not told the latest from the business desk and now in a few minutes our tease truth seeker tells you all about what you eat and to some secrets you might not be able to stomach. it's perched atop a jar and the view from the kremlin stretches as far as the eye can see. for a city to siberia for centuries. it lost its economic importance even before it

was bypassed but a chance i bear in railway but the a spiritual center. seems like these are a yearly occurrence thousands of worshippers themselves implicity water to commemorate the baptism of jesus. in the fifteen eighties the russians had only just conquered siberia taking it from the muslims. surrounded by enemies the balls to be their stronghold constructed on top of the city but soon enough it became an economic siberian oil of its time bringing in a third of the state revenue but the location had of the uses for the russians the

russians. a revolt against the czar and eight hundred twenty five known as the decembrists worse than hair and drove. there they created a replica high society adopting the latest fashions as soon as they came out or at least once they made it from paris to siberia. but the city also served up some bit of irony for the russian royal family after the bolshevik revolution. this is the office was nicholas the second spend most of the last year of his life his whole family had been exiled here they led a fairly comfortable existence this was a big house but they weren't allowed to see visitors or go outside themselves leading the ordinary normal countryside life style they even had thoughts of a scape but within the yeah and his family would be dead.

more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. showing corporations rule the day.

parents versus social workers docu nabby pm last stop me that many children have become prizes to find full why does the long threaten families of the social fora to see more in the form of they have a right of willful minimal faith in what they have any kind of suspicion about the world will feel for your children are often a just better at bringing up kids than their own mum and dad. and from what we have an interest that is so. concentrated form. of the footrace true. wealthy british style. that sometimes.

markets finance scandals find out what's really happening to the global economy with max cons are for a no holds barred look at the global financial headlines tune into cons a report. it was not the military action us army announced today it signed a new contract with a unit of the huge contracting palafox it was not the operation to secure and rebuild the devastated country caliber company field taxpayers for its contract work in iraq. it was the campaign for making billions of dollars out of perks odd reasonable and honest forded bills exceed one billion dollars iraq for sale. war profiteers.

when i was done your bush show in this show the junk food conspiracy exposed coming up. to the fat and the secretly fill their pockets. now other species react to burgers. and starch told to keep cows just get. the epidemic in the fattest nation on earth is spiraling out of control while europe in asia wait levels all tailing off over two in three americans are now overweight or obese and growing stores now provide a basic rules of vehicles for those to appease to walk for the junk food joints responsible the ladies about to sing first a live shift jamie all of ashamed mcdonald's into a pink floyd. centrifuge separated by product paste they labeled beef

new york mayor bloomberg blocked seventeen. buttons on supersize fries only screams and donuts will now be rolled out across the u.s. still ting in the big apple. new york to regulate other high fat and high calorie foods within a year restrictions it will go build as other governments follow suit states that even looking into the big one a flat tax research finds eighteen percent taxes on pizza and soda drinks people five pounds a year tracy folks help create nutrition standards at the u.s. department of agriculture those types of taxes expression if they're like you said about the twenty percent range between ten and twenty percent can have an impact and they do cause people to purchase and can. less of the item that's being taxed for example sugar sweetened beverages or sodas shamed by films showing the secure fix of their food junk produces an elder rushing to rebrand

a so-called low fun and diet well here's the secret about so-called diet food and it's actually hilarious it's called that because most diet food contains what's known as aspartame or similar name or sucralose and it's been found in numerous studies that actually diet soda products can actually lead to kidney damage metabolic problems in obesity the studies found that kidney damage was experienced in those who drink diet soda whereas those who drink regular soda which by no means is healthy did not experience the same issues the best part about it aspartame is actually made from the fecal matter the literal fecal matter of bacteria that is genetically modified by one and only monsanto the word diet isn't even bridge related in the u.s. a corporation can make this beauty and cool diets goodness. the fact mcdonald's pays way to watch has to be an official paul enough truth is stranger than fiction

this fruits and maple mill sold is a bowl full of wholesome it's more sugar than the snickers more calories than even the hamburgers but junk chains being sued for full. his milkshakes contain more cooking oil the milk effect of one hundred fifty. products one hundred thirty nine a study finds have more fun and refined sugar the foods most of all food now contains all the chemicals we know all fruits of sugar which are america's top obesity don't cause an evil poison robert lustig joins us now what does refined sugar do to the body is a chronic acute chronic dose dependent no other words it depends on how much you take it and. go liver tops chronic. dependent at the top seed so what does that mean for us the public fifty grand's truck switches this week was

shaky per day one hundred grams of sugar is above and beyond your liver's capacity to be able to metabolize it that means that more than half of america is consuming a toxic dose of sugar on a daily basis. this is truly the truth seeker can't follow treaty this is freud be from a top forest food chain well well well this is fraud beef from a local store. she's loving it. even fungus won't touch false food this is a slice from a fresh potato with months ago age and decay has turned black and rotten this mcdonald's french fry was bought the same day it remains identical one american even has a museum of changed in decades so why won't bacteria eat it it doesn't even contain

real meat it contains seven different synthetic chemicals that make up the quote meat of the product including what's known as p d m s which is in breast plants in the breast implant fluid that many surgeons now are avoiding because of the possible serious health effects and also contains an anti foaming agent used in silly putty and it contains certain chemicals that are illegal to use in cat food do just serious health concerns why america's obesity campaign is a sham off the we pay these bills. you can be sexy popular. everything beauty want to be. cold. and. still in critical heart stopping. from cereal to drinks even the main sweets and she calls there is everywhere unlike normal service

folks always go straight to the live off which turns its. mind and strokes from a piece of sea no smoking as the number one hospital case. if you will always will told you to do something when you were a kid would you do it europe's first britain is top of this must stop before or. saying to kids kids this is what you should be eating. healthy. wrong and it should be banned if all leaders athirst serious about all this while these ads stand on why is america's obesity gets in was could all politicians being cut with junk food more now than ever and then releasing just a few public safety thumbs to keep people on side the health care ministers of fifty two european countries got together and agreed that junk food marketing to

children must stop because children were targets here in america it's considered free speech part of the first amendment that right is supported this is a huge problem i went to the commissioner of the federal communications commission here in america deborah taylor tate back in two thousand and seven when asked in light of what the european health care ministers that said what did she think needs to be done and her response was a direct quote i expect the food industry to police itself well that's what they've been doing now for the past thirty years and look where it's gotten its trace speech doesn't work with addictive substances it didn't work with tobacco doesn't work with heroin cocaine morpheme getting cannabis out all the fact is that free speech is a problem when you're talking about addictive substances question is is sugar and

addictive substance the data mostly in animals but some in humans. he says yes inner agency government committee the inner agency were croup got together and developed voluntary standards are voluntary guidelines for companies to abide by or to opt to abide by to address marketing and the food company is. basically weighed in very negatively and forced those interagency guidelines to never be published even though they were just going to be voluntary junk joints of even make congress classify school cheese pizza as a vegetable so it served as a key nutrient in school meals the junk food industry doubled their lobbying spending with the under the obama administration and in turn the obama administration announced that they were lowering the fight on childhood obesity and

michelle obama recommends that kids go out and eat these certain dietary guidelines actually contain g m o's most of the time these processed garbage foods and isn't it interesting that bloomberg had truckloads of mountain dew and jerry no shipped into the sandy relief fund area to give these people bunch of processed garbage snacks that do nothing for nutritional value by bloomberg house foreman false food his corporation had fun filled with free junk for every employee within weeks workers piled on the pounds in the seventeen l sodas sixty a hot dogs in ten minutes isn't just good is patriotic. d.n.a. a little writes the stone on us by our forefathers life liberty and the pursuit of happiness for the contestants assembled here that pursuit includes consuming as many hot dogs as is humanly possible elected politicians putting whole dogs over

health fattening both some lines instead of trimming americans this is the truth seeker. it's evening it's. just nice. to. see.

parents versus social workers stuck in nabbing pm last stop giggling and me being that damn good many children have become prizes to fight full why does the last threaten families of the social for it to seem in the form of they have a right of will hold minimal me faith in what they have any kind of suspicion about the world more from the off your children are often a just better at bringing up kids than their own mom and dad. from what we have an industry that is so. concentrated on the other for trade children.

well into the. science technology innovation hall the list of melons from around russia we've got the future covered. the great russian warriors. prevailing over houses and asperity. to reenact an epic parade through paris. can they complete that triumphant. visit people's admiration for two hundred million.

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