israel's occupation policies might have brought the factions closer together it continues and in fifteen minutes after you've heard the business talk which. face to people because of the studio coming up to it's exactly twenty it's exactly half past moscow time katie i'd like to be precise a little bit about profiteering and i mean it would be functional what's that are but it is a coin it is not ten rubles just about your coffee but there's a plan afoot to make a trillion dollar i call you dollars per call and this is an idea that's floating around the white house and i'm over it as to how to deal with a sixteen point four trillion dollar debt what they're going to. you know plus a trillion off of that it's an idea this brings seriously contended with and they would do very well i presume iraq that follows but formal vote out this will all volleyball and they're going to deposit it into the federal reserve well this is an idea. so figuratively speaking out about where does that where does the backing

come from said point. yeah that is what we're questioning there in the business but i said we've got the alice on this and we want their opinion so we've got more analysis coming up after the break at the cabins as they were all right we'll do.

it would only going to. be great. welcome to the business but i said i'm crazy program here with all the latest finance news for you welcome to the program. u.s. treasury secretary timothy geithner is set to leave washington after four years of service in the obama administration now was a key player in many of the administration's policy decisions about how to end the

two thousand knight financial crisis and jumpstart the economy so his departure has raised some face considering the debt ceiling di lemma has not yet been fully result it is thought that president barack obama will nominate white house chief of staff jack lew this week as geithner as success up i did today i spoke to chief economist at sachs a bank steve jacobson about the transition of power. first of all guy is only one of several players in the coming to go and has been pretty much in the background also through the fiscal cliff but on the other hand of course he's a seasoned veteran negotiator having been fed a reserve man in new york before he joined the treasury a stresser secretary so clearly he and the financial market is extended and someone i think wall street saw to as being

a pair of steady hands on the other hand as as you just indicated the fact that the white house is non trying to replace the chief of staff in that position also tells you that obama wants someone you trust someone he sees on a daily basis someone who will reflect his stand so i will say that not that fact that guy in the least but the fact that that the chief of staff is potentially going into this position put probably worse than somewhat the starting point from the go she's both on the debt ceiling but as alternately on the spending cuts and as far as jack lew is confound what will be top of the agenda than what needs to be done going forward. he majorly moves will need to move towards get in the talks on the debt ceiling in place it would also be for him to create the platform from which. obama is reflecting his view that he wants to do something about his legacy u.s. is still facing huge reforms needed in particularly in the health care costs where

health costs over the next ten years will double in percentage of g.d.p. so there's still a lot to be done and i think appointing a somewhat more political person to the choice is second chair will also indicate that obama means business is terrific doing this and in terms of ways to tackle the debt then there's been talk of this one trillion dollar platinum coin to be minted as a way to resolve the over sixteen trillion dollar debt do you see this is feasible is it crazy is it is a good idea how do you see this. theoretically is a very good idea isn't it if you have to my state you can just mean some coins and you're out of your trouble of course i think clearly this is just the media and something which is playing really well on the internet and it's a funny story to report on but think about the consequences here that printing putting one trillion coin into the federal reserve banking as the real assets

would never work first of all i think the us will phase at don graham easily and i also think the market will all to maybe just say listen this is nothing to do with real politics and don't forget they are using if doing so they're using a lot of spots twelve years ago to get the true. coins not for using it to increase the ability to have political time to spend so i doubt this very very much this will fly and i'm sure even if they did try it will be falling at. the supreme court for someone will certainly sue the us government for doing so. and staying with the us emma check out the markets at the moment and they are indeed a raging some of those earlier gains are still in positive territory just about there we've got apple reversing a rally a microsoft as well tumbling so it's really those technology stocks are having

a bad day of it the nasdaq is under pressure as you can see at the moment as we move on to europe them will be able to see that the mainland european stocks remain near the twenty two month high and to spite the german dax so suffering in the session today the footsie though added further to the gains that we've seen this year today ready as investors appetite for risk increase following a successful spanish bond auction and also some encouraging was from the president of the european central bank as a well to get a mixed picture for europe at the moment. and trade data from china that exports increase more than expected means the oil is actually rising to the highest level in three months now as you can see that as the world's second largest you can see much china of course that trade data is helping to boost the price of oil right now as you can see there going up with now the russian ruble has finished up the session mixed in the four x. well stronger against the u.s.

dollar but still loitering around below the forty mark against the euro you can see that and it's been at that level since august twenty seventh i should say the russian actually markets have also finished the session makes us despite oil getting them i think so as you can see finish the session in negative territory by about six tenths of a percent below the waterline. and they thing on online shopping has drastically transform the way global consumers shop now people much prefer to order their good is in the comfort of their own homes rather than do it long queues of people and cars and no rust is catching on after lacking behind for the last decade but according to a report by morgan stanley currently the same will be the tipping point all set to change in the next three years as you can see e-commerce is set to grow thirty five percent by twenty fifth grade reaching four point five percent of retail sales in

total russian shoppers are now far more eighty's with internet purchases almost half of all online shoppers made their sorry first purchase in the last two years the same one thousand five zero it is the ability to simply click buy while sipping a cup of tea in their pajamas they want to keep on clicking that boxen plus an internet search engine yandex is set to benefit from this growing trend as the morgan stanley survey shows that eighty seven percent of all like to see them as use this method to research their purchases yandex is expected to capitalize on this as advertising companies can pay to get their products on shoppers computer screens and here's the head of e-commerce that yonder gani malaya had to say about the potential for his company which he fills will exceed the estimates in the report. we're going to stanley in stanley only takes into account retail

sales online in reality the e-commerce market and russia is much bigger retail is only the third most popular among online purchases there are also payments for internet cell phone service buying tickets online games and social networking. small current levels of internet shopping hammer us all relatively low when compared to the us and western europe now that is all set to change as russia is expected to develop into one of the lot is equal most small case in the. am us all business now i'll be back in less than two hours from now but stay with us here i'll take heaven or about shortly with. because of recent events guns have a game become

a big issue all over the usa both sides are throwing their talking point ammunition back and forth and we hear a lot of conflicting stories well in australia they got tough on guns and crime went down but then again others say in the u.k. they got rid of all their guns and all hell broke loose i've heard stories that you are way more likely to be killed by a deer in your headlights than get taken out by a maniac with a tech nine but then again i've heard that soon deaths from guns will exceed even deaths from car accidents japan is safe because it has no guns but switzerland is even safer because automatic weapons are all over the place the information is all very contradictory but ultimately it doesn't matter what facts and reports you throw at the other side the gun question is a philosophical one some people would rather at least feel like they have their fate in their own hands even if there is a chance they will shoot their own dog in the middle of the night and other people are so concerned with safety and are so full of fear for their fellow man that they'd rather disarm everyone and leave all the weapons in the hands of the criminals or have them legal or not anyways and in the hands of the government who

was seems pretty happy to use force at home and abroad i don't know i'd rather risk the unpredictable actions of some idiots out there in society but at least have the ability defend myself and have some control over my life in a means to resist oppression but that's just my opinion.

hold it. hold it. liz clint. goodspeed. i wish i. could. just see. it and. then i'm out of line i'm a little.

i represent the. people. the way i.

get it's kevin i would hear it out tonight rival palestinian groups fatah and hamas are trying to bridge the divide the leaders of both parties met in cairo on wednesday to discuss implementing a unity agreement signed two years ago the recent easing of tensions is already for good results for one family in gaza previously told apart by political strife and found out they may have israeli policies to thank for it. it's been five long years since this family was together one thousand eight hundred days since a mean a muslim last saw her son his crime belonging to a group the gaza government was opposed to except this time it wasn't the israelis who forced him into exile but hamas rather than of

a bronzer of the of other family and house in gaza and headed for the west bank it was only after the negotiations began that seventeen of us were given approval to go back home. it was back in two thousand and seven in a surprise coup that he must took control of gaza from wyvil faction group fatah one hundred sixty one people were killed and more than seven hundred injured when the dust settled the palestinian people were divided a mass was in charge in gaza fatah called the shots in the west bank hundreds fled their homes from both in fear of their lives like other fatah supporters from gaza mohammed took refuge in the west bank waiting for the day we conciliation would come. all denied i prayed to god to protect my son muhammad i prayed for his safety and asked god to bring him back home safe and now for the first time we conciliation between the two sides looks promising each feels boosted by recent successes and is more willing to compromise her muscles capitalizing on the recent

conflict with israel despite the heavy cost after his claiming victory after president mahmoud abbas successfully upgraded palestinian status at the united nations as her musson fattah move closer together the irony is that they getting help from israeli prime minister benjamin netanyahu in his right wing policies and rhetoric are winning the palestinian support and sympathy on the international stage it was on that on yahoo's watch that as the recent united nations palestinian statehood bid demonstrated european unfailing support for israel has floundered it was also an attorney a whose watch that u.s. is revelations reached their lowest ebb and now it's on his watch again that palestinian unity seems plausible for. for her it's a long term interest of her for us to think of as a cooperate again because otherwise they're running the risk that the west bank will be and probably part of the same political structure which defacto right now is the case leaders from both sides have

a new day calls for reconciliation if you think that of course. between hamas and fatah is a catastrophe it's proof for that doesn't mean peace etc etc but for this family nothing can detract from the feeling of gratitude enjoy of a father and son coming home a tears and smiles it could a hope that a new chapter is also about to open in gaza political life police here r.t. on the israel gaza border. in brief tonight the syrian foreign ministry slammed the top international peace envoy to the conflict zone as flagrantly biased comes after me said he does not see a place for president assad in a transitional government and visited an international peace plan to ask this is reiterated that assad will not step down under foreign pressure meantime on friday bring him you will hold talks with russian and u.s. officials as the parties seek to implement a road map for ending the twenty two month long syrian conflict. three female

kurdish independence activists have been found dead from gunshot wounds in paris one of the victims was the co-founder of the kurdistan workers' party known as the p.k. k. who are in an armed struggle for separation from turkey forty thousand people have so far been killed in the twenty five year battle for independence and chris recently began talks with the parties job leader to try and persuade the organization to disarm. scores of people have been left dead and wounded by two separate explosions in pakistan at least twenty one people were killed in the northwestern city of mingora a blast struck kleck crowds gathering to hear a speech by religious leader another explosion hit a security vehicle of the country's east killing eleven and destroying a nearby marketplace pakistan seemed similar attacks in recent months amid a rise in islam mr insurgency and sick tyrian violence. staying in the region to pakistan claims indian troops have killed one of the soldiers in the disputed kashmir region where tensions have been growing for the past week it comes as india funerals for two of its soldiers allegedly killed by pakistani forces two days ago

reports that the bodies were mutilated sparked protests in the country's capital new delhi india's also some of that same void of pakistan marking a new deterioration in the sixty year long disputed region. russia's a problem if you could see is declared a war on walls scores of the predators are reported to be closing in on several residential areas in the region posing a serious threat to livestock and earlier artie's tom byron explained to my colleague mina joshie why the region is currently in a state of emergency. it is a very serious situation. here is a vast territory with a very low payment population but a lot of the people who live there rely on reindeer for their for their livelihood and on the horses they used to travel with those herds of reindeer and those reindeer what the wolves are desperately trying to get to driven there by hunger because they are normal foodstuffs are like hares and rabbits are

a lot more scarce this year so the some of these pictures show this is a wolf in a zoo but some of these other pictures show wolves in the wild in siberia usually they would stay well away from these reindeer herds but they're being driven there by hunger that killed sixteen thousand reindeer last year that's simply too much the numbers of wolves have reached three thousand five hundred new kuti now and the president of that republic says that's too much that the attrition rate as it were on the reindeer has reached it now too expensive they're losing too many reindeer and that's become a serious problem sure it doesn't like a serious problem and like you said it probably happens because there is an imbalance of other animals in the forest and that's why the wolves are driven out of the forest and exactly closer to the people so what is the solution to the problem under the circumstances is there any and all solution is as you might probably think relatively simple just step up a hunting of the wall sort of

a natural cole as it were of these planned cull of the of these wolves so that the president of the public has really really gone for that and said rewards will be offered to hunter's six figure awards for the top three hunters the aim is to kill three thousand of the three thousand five hundred wolves. in the next three months starting in a few days' time and that hopefully will bring the numbers down to what experts say is that should be the natural level about five hundred wolves or not three thousand five. more international headlines new stories in just a couple of minutes with me kevin oh in after the break don't forget there's also news on the website twenty four seven when whenever you want to catch a. ball.

do we speak your language i mean some of the well or not at the end of. the music programs and documentaries and spanish what matters to you breaking news a little turn it into angles kiddies stories. so you hear. that troy all teach spanish find out more visit i.

believe. please. more news today violence has once again flared up. these are the images the world has been seeing from the streets of canada. china operations are all today. please.

so you don't know i'm tom hardy welcome to the big picture. little bit of a goal that colin. clinton . explained.

that speech. because you know. her. i wish i am ugly things i'm in a good luck. mother just send them out and look and i'm. going on my mind i'm a little. no longer represents the. people are going to take.

away our.