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tv   [untitled]    December 11, 2012 3:30pm-4:00pm EST

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hello there welcome to business a sour rushes a metal giant now rests in a call has proposed to wreck all divisions some ten billion dollars over the next three years the decision has been made by the new management of the company has raised a few eyebrows because the song is all the companies expected profits for this period so along with eyebrows questions are now being raised as to how the company can justify this offering so let's get over to the business testimony to have an anchor is that for us so why is no one to call saying it will pay fixed dividends not a value relative to its net profit that creating a very observant and spot on usually companies and never say that they'll pay x. amount of dollars as dividends but they say we'll pay some like twenty five percent of our net profit but norilsk nickel has been quite generous towards its
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shareholders paying at least a billion dollars in twenty ten and twenty eleven this year yet to be determined over the next three years again record some ten billion dollars and you're right some say that this is basically equal to their expected net profit all together so now will that actually mean that they won't be spending a whole lot of single dime basically on the investment program or development of the company no apparently the not the company just wants to project this image that is very generous and caring about all of its shareholders not just the main ones which are some of the richest men in russia like and they're getting past the time in recently i one mortgage so basically what they're doing is this is a big gesture for the shareholders and will the company be able to find such a hefty sum ten billion a lot of money you said it yourself well yes apparently will be because well as analysts point out the expected there will. cash flow over the next three years
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generated would be equal to around six and a half billion dollars then the company's going to get another billion for selling it fourteen percent stake in the electricity charge in toronto and then i'm out of a hole which according to this recent deal between the three big russian billionaires will also bring in around two billion dollars all that's left is just around half a billion dollars to find and that could easily be borrowed on the open market because north korea has a very good reputation good credit history and very low leverage actually it just goes around half a billion dollars right now so that's a very low level of debt and good intentions but what happens if the market tends sour then nickel prices drop and profits decline shell play what happens then well that's the tricky question yes indeed i mean we have seen crises before we have seen metals dropping sharply and be very volatile well this projection
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that. that ten billion dollars will be paid to shareholders is actually based on a flat price of nickel if the market turns out to be sour then of course things might change as we've heard from the. even though all this might have some my dream is a bit when the. company itself doesn't announce thing your future will change your student it's dividend policy and. how they can really do it they can announce something like can you do them for this year was up was more than fifty percent dividend payout we will be still dependent on. the exact net income of the company will fall during that. leave the rest of my own for example might be paid a special dividend so i don't think become bring you will this amount if nickel price loses fifty percent. so there you go do not be misled by these
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promises of castles in the sky of ten billion dollars unless you are absolutely sure that the market will grow the metals prices will grow still there is risk involved you have to remember that yes i know of those still as well ok thank you very much indeed to me thank you on the business for us. moving on have a look and see how wall street is getting all we got us stocks rising us off to dominate investor confidence climbed on traders away progress on the federal budget talks in washington while european stocks advance rest seven days out of it speculation that the federal reserve will expound stimulus measures and the news from germany also gave investors a boost same goes for the year right as far as investors are concerned right now is almost germany's in good shape and increase the chances of the single currency remaining in town so therefore we got the right game against iraq as for the
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russian people it finished up makes them but at higher gets u.s. dollar as it fell against the year right the us markets close up the session where they completely and also the fact is that a lot last performance. as. with russian stock seven makers of the logs after the us have sort of production of them is sound. today shows and asked of us have recently been shooting up in anticipation of the do. tells more. the russian cars certainly have a bad reputation in the west here's how jeremy clarkson reviewed the lotto from all of oz for his segment and top gear at least give you an example terrible those who read it right which were made from our maybe even maybe most of the over. for armstrong women you've heard of the show you bring up with these really is. cheap
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but the much discussed seven hundred fifty million dollars deal with every north nissan is supposed to change got off to vaas most dominant model on the russian market has been a lot of over the past several decades but because its quality has been so low compared to its foreign competitors within a similar price range that it's been a losing its market share fast in fact it dropped from forty four percent in two thousand and four to just eighteen percent this year and of course it wants to regain some of it back its best selling model this year has been a lot to graunt and many people say it's actually quite decent especially considering that it's prices started about eight thousand dollars and inspired by its domestic success it wants to start selling the granta abroad starting next year primarily of course to the former soviet republics countries like ukraine beller
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reuss and kazakhstan but also to western europe it does have a number of devoted fans even in countries like germany but the one good thing about this deal with every known nissan is that at least the government will no longer have to spend billions of dollars on supporting the ailing auto maker over the years this state supports came in many shapes and forms in stock to auto vos receipt. eight fifty seven billion rubles that's about one point seven billion dollar credit line from the state that it pays no what tristan and doesn't have to pay back until the year twenty thirty two how do i get a loan like that and of course the famous cash for clunkers program launched by the state in twenty ten primarily benefited after vas in fact about fifty percent
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of its monthly sales in the twenty ten and twenty eleven came from the people who participated in that program but of course regardless of all the incentives if you ask me i would really want to own a lot of. i don't think they will be talking to after this when all those people work through. thanks very much. more of the money rollercoaster as we report on our japan's fifth recession in fifteen years could see the u.s. cashing in tokyo troubles are likely to wash for a new government these military operations could see a tie up with washington right after the break. in japan the average height for men is one hundred eighty two centimeters ten centimeters shorter because of that some employers refused to hire me one of them
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even told me directly that i was too short to deal with the clients computers already spent three months in this hospital and plans to stay for another four to add the coveted seven santa majors to his stature invented by the famed soviet orthopedic is good for you is there a from the nine hundred fifty s. these frames for initially used to treat fractures in deformities by cutting bones and slowly pulling them up or therefore stimulating tissue regeneration it was out of was able to receive arms and legs and people who thought they were crippled for life. piecing together patients shattered bones and in many cases their shattered lives was in the end goal when professing designed his first frame using bicycle parts sixty years later he says invention is increasingly being used to help people what eager to fracture their legs to become a few centimeters taller than the ultimate goal is still the same six thing somebody is live both literally and figuratively about this third of patients
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admitted to the center now days seeking series three. most of them a man and most are not what you would call vertically challenged professor novikov who operated on many of them sas it usually comes down to man's pride. the first patient to turn to us with a leg length quest to meet his fifteen centimeters to still want to surgery because it's panos to than him we like to say that we need to break their legs in order to fix this it may be nothing wrong with them from an orthopedic point of view but there is something psychological that prevents them from living their lowest fully being happy and we fix it like lengthening surgeries abound in many countries and even the out there pretty expensive in russia the entire course costs eleven thousand dollars about one tenth of the similar package in the united states financial considerations were one of the reasons that brought this washington state
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to western siberia main motive for the surgery had to do with how he fared in the others. average is one seventy five i was one sixty seven or one sixty. eight centimeters would have brought me right to average users wanted to be average for women height isn't so important you know i think girl can be sure it's not a big do i hear guy is like expected to be just before the operation most this matter a russian girl who found he's a regional hide quite india ink. yes he still went ahead with this surgery adding seven more centimeters so he self-confidence he took told me the whole time you're crazy you're normal you're perfect. so now or so they call you so what a compliment for somebody who's these to falling short of his own expectations.
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again this further violence in northern ireland a group or suspected loyalists of petrol bombed police car with a female officer inside the attacks being take his attempted murder there's been more than a week of a rest following a decision to restrict the number of days that the union flag can fly from belfast city hall and base jenna's jason walsh says it's sign that peace in the province remains extremely fragile the vast majority of the killings are definitely come to an end since the ira ceasefire emerging ninety six and subsequent peace agreement in one thousand nine hundred search your intentions continue on the ground and this isn't the first set of writing we've seen this year there were in the summer and north of us that were you know still a loyalist terror groups don't have any serious political representation the majority of republican sentiment remains with shinji and on the disorder direction
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she is fairly well represented in government in northern ireland there are bits and republican groups sued seek to stir up the moment they have some operational capacity but very little in the way of options of course the u.k. is already spending the figures here in taxes it really is eleven billion dollars but it spends twenty billions of britain is already spending one billion pounds per year on northern ireland in a substantial so it's already a costly for the british taxpayer. europe strong efforts to pull itself out of the economic myra well documented but it's not alone japan's now entered its fifth recession in fifteen years it comes just days before the country's election which is expected to sweep the current prime minister from power current affairs journalist james corbett believes any change in power could see a more militarized japan in a region where tensions are already high. it seems that almost inevitable that the l.d.p. is going to be put back into power next week and with that comes not only big changes in the economic policy but i think there is going to be some some very big changes
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geopolitically speaking as. the leader of the l.d.p. is quite a hard liner on a number of issues and is even thinking of revising the the japanese constitution to allow for greater military use of the japanese military over see this is his second kick at the can as prime minister if he does get it in fact elected next week and while the first time around he was interested in revising the japanese constitution it's a deeply deeply unpopular policy here in japan which tends to have even mostly pacifist population but because of these rising tensions in east asia generally speaking with north korea and with china and some of the other tensions flaring up it's definitely an idea whose time seems to have come geopolitically speaking and i think the united states will be quite happy to see more hardline japanese parliament getting into power we could expect to see some some of the change that i think will have to take place culturally here as well as as
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a population that since the end of the second world war has been trained into passivism will likely have to be trained into militarism if gets its way. so the world news now brief opposition activists in bangladesh is coming today to form as well violently enforcing a day of general strike place in dhaka the force of the dispersed protesters and smashed the rocks restaurant to it after accusations of government sponsored killings cheering recent protests against a popular political force. there is taking this long range rocket off the launch pad in a pair of move to fix a technical problem. maintains it will be launched though by the end of the month the secluded stay consistent setting a satellite in the war but many countries believe it's conducting a ballistic missile test north korea is banned from using such weapons technology on the un sanctions. now japan keeps a patriot anti-missile system deployed to shoot down that rocket if it goes of course. you could be a bug h.s.b.c.'s agreed to pay off
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a huge following to the u.s. department of justice for lapses in money laundering regulations the last controls and for policing of suspicious transactions left the u.s. banking industry exposed to mexican drug cartels but was also accused of violating sanctions on iran finally two billion dollars is the largest ever of its kind that comes is pretty standard chartered bank also agreed to pay a second fine for similar charges. thousands of american men and women were denied the chance to have children on government orders it was a decades long program of in forced sterilization of those thought unfit to be parents when important that some of the victims now being considered for compensation but who say it's too little too late you won't want to see eighty four year old virginia brooks was just fourteen years old when north carolina's widespread eugenics program would forever alter her future then why
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don't i have them go to the hospital i'm not saying brooks was with two other girls when a social worker picked her up she said we're gonna take you pin. down there and they did surgery and then nobody was doing too many eugenics is a pseudo science aimed at improving the so-called quality of the population by forcibly preventing reproduction by people thought by some to be inferior in america it targeted mostly young poor minorities the mentally disabled or those otherwise deemed unfit to raise children like brooks who was an orphaned teenager she came in my chart was on the front of. it she says well. now you know by and well you won't have no bread they. said what a way to make it one day you mean she said you won't know hannah.
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and there's one. handed to me this is an angle of the grand brooks went on to adopt a little girl and mary howard her husband of forty two years between them they have four grandchildren five great grandchildren and the unfortunate legacy of suffering under the shadow of mandatory sterilization. or order way she will marry somebody should be accountable for this day that anything. they should base. probably one of the most infamous uses of this theory was the radical purity programs in nazi germany. while north carolina's eugenics program reportedly claimed seven thousand six hundred victims before being dissolved in one thousand nine hundred seventy seven north carolina was one of thirty two american states that practiced eugenics and this year it was on track to be the first state to
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compensate living victims like brooks with a payout of up to fifty thousand dollars they were kind of with us except they were born this kind of janice day. can do better than this. shame. to this day not one victim throughout the united states has been compensated for their life long suffering in june north carolina state senate rejected proposals to allocate funding for the compensation program some argue that paying victims for what was a legal program could lead to subsequent payouts tied to america's other historic atrocities such as slavery seven decades ago this building served as baker senatorial it's where state officials took virginia brooks and dozens of other young girls to undergo mandatory sterilization surgery today it serves as an apartment complex where families are living routine lives this as others still bear
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deep scars over how their lives were forever changed here they had a baby killer of the people. there. a life changing question but u.s. state officials refused to answer for marina port archie north carolina just over five minutes away from the latest news of dated may kevin zero into the night here at the international live from moscow thank you for being with us. he is under siege. destruction without mercy. what could be just ruins. same a great sacrifice. and restore by human justice.
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a remarkable reminder of courage and selflessness. beauty is of more people. to all the russian aside. some up.
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in japan the average height for men is one hundred eighty two centimeters on ten centimeters shorter because of that some employers refused to hire me one of them even told me directly that i was too short to deal with the clients could you just already spend three months in this hospital and plans to stay for another four to add the coveted seven santa maters to his stature invented by the famed soviet orthopedic of really result of in the nineteen fifties these frames were initially used to treat fractures and deformities by cutting bones and slowly pulling them up for a day or for stimulating tissue regeneration it was out of was able to receive arms and legs and people who thought they were crippled for life piecing together patients shattered bones and in many cases their shattered lives with the main goal when professing result of design his first brain using bicycle parts sixty years later he says invention is increasingly being used to help people who are eager to fracture their legs to become
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a few centimeters taller than the ultimate goal is still the same fixing somebodies life both literally and figuratively about a third of patients admitted she was out of center now days seeking series three focus magic reasons most of them a man and most are not what you would call vertically challenged professor novikov who operated on many of them sas it used. it comes down to man's pride. the first patient to turn to us with a leg length of quest to meet his fifteen centimeters to be still want to surgery because it's panos to than him we like to say that we need to break their legs in order to fix their heads maybe nothing wrong with them from an orthopedic point of view but there is something psychological that prevents them from living their laws fully being happy and we fix it like lengthening surgeries a band in many countries and even the will out there pretty expensive in russia the entire course costs eleven thousand dollars about one tenth of the similar package
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in the united states financial considerations were one of the reasons that brought this washington state native to western siberia his main motive for the surgery had to do with how he fared in the others. advertised as one seventy five i was one sixty seven or one sixty. eight centimeters would have brought me right to average users wanted to be average for women height. you know i think girl can be short and it's not a big deal i think it's like expected to be taller just before the operation most this matter a russian girl who found he's a regional hide quite in dealing yet he still want to have had the surgery adding seven more centimeters to he self-confidence she told me the whole time you're crazy you're normal you're perfect. what a compliment for somebody who's used to falling short of his.

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