oh that's right because that risk there would be no african capital as you know no . because a report coming your way a little later today no story with money matters we have natasha and katie with our business update natasha choi built it's miraculous economic success around low cost manufacturing but now it looks like it could all be over what was it about well exactly the world's second largest economy is or does seem to be losing its competitive edge and i have katie here with me to talk more about it so it does seem like other countries in southeast asia including indonesia vietnam they all seem to be cheaper in terms of production rates so but i'm a big believer in china's economic miracle i don't think it's over where you have to say no i really think there is that i think that's a long way off but they're all from us signals of problems and as you say there are some rivals are on the agenda as well really i'm talking about the decline in

foreign direct investment because it's now down the first time it's been down since two thousand and nine two thousand i will be dealing with a global economic crisis of course so this is you know a lot of bells are going off why it's full to do with manufacturing costs are getting higher they don't have the labor costs they used to have back in the day for the last three decades really which is managed to help their economy just grow at a astonishing rate right now people in china are simply the second biggest economy in the world they don't want to live on peanuts they want a great salary they want better what conditions they expect it now that's what the pressure is on china to do with that but i don't really believe that it's the end of china's dominance in terms of manufacturing it's not because tactics that need to be changed and it's really reforms i case we talk about manufacturing and it's all about what they want to manufacture they're going to go for quality better production and that's what a. we've spoken about it so they get

a culture of that and also that that's pressuring the tasha as well on the government to provide other jobs with people other than production factoring so there's change that needs to be made sure right but it does seem like there are a lot of external factors going on there right we were basically in the midst of a global economic crisis so it's not just about china it's about the fact that there isn't a lot of money to go around what exactly but that's the problem because the fact that china is so dependent on international demand it puts them in a vulnerable position because as soon as the global economy is in trouble as it is now particularly european sovereign debt crisis it means that they don't do as well because consumption domestically isn't high and that's what they've got to concern themselves with that's why they need the reform and that's what economists are talking about they're saying that they need to really concentrate on this the same that the problems are cyclical yes but it's a manufacturing course and it is the demand from europe robot would about these

other countries where is the money going if it's going anywhere are these countries such as indonesia vietnam can they really compete with us the question i think that's what time is going to worry about right now because in terms of foreign investment yes they can compete because we look at the figures for twenty twelve time and we're up sixty three percent massive massive right we also had indonesia up over a quarter of a percent vietnam apparently that's the hot spot right now because it has favorable conditions so i think the interesting thing is that indonesia now poses a threat to china that china has been posing to the west for the last thirty years well like they say with goes around comes around to ask you thank you very much kitty help being. a little less than a decade russia may overtake germany as the world's fifth largest economy about according to pricewaterhouse coopers predictably it's the demand for the country's abundant natural resources that will. drive the growth but the report also claims

russia's aging population and its shrinking workforce mean that its growth will slow after the year twenty twenty and neil ferguson of harvard university tells business he agrees with this is us mint and he expects a global economic paradigm shift. the fiscal situation is far superior to any west european country there is falling inflation the move to flexible exchange rates been successful and then of course we're in the midst of one of the world's great energy boom zen indeed commodity boom and russia of course is perfectly positioned to benefit the russian prosperity in light of the struggling europe while i do think the situation in europe and particularly in the european monetary union there is pretty grim because the outlook in terms of growth can't be good with these enormous public debts and with the chronic imbalances between the german

core and the south european periphery i go so far as to say that parts of europe are in a kind of stationary state where do you think the situation is greenmarket in the europe all in the united states i think it is worse in europe but you can always rely on american politicians to make a problem seem much bigger than it is i mean the problems that the united states will be grappling with over the next two months include a completely artificial problem which is the debt ceiling i mean there's absolutely no reason why there should be a specified ceiling to the federal debt congress imposes that on itself and then having imposed it has to vote to lift it which it inevitably must so this is a pretty awesome fishel crisis a purely political crisis if you look away from the politics of washington at the u.s. economy it is unquestionably in recovery mode and what's most exciting about it right now is the way the discovery of shale gas in the exploitation of shale oil is

ushering in a new era in which the united states will become energy independent for the first time in two generations i think that's going to be the cue for a written a song of american manufacturing and the world is going to be pretty surprised by what the united states does economically over the next ten years which by the way has big implications for russia. ten years ago if you were running gazprom you never thought for a minute that you would find yourself being on the cards by north america but that's what's happening bad implications for russia and i think that's one thing that is going to make life tough for guys from but you know what's bad for gazprom is not necessarily bad for russia and we should be very careful to make that distinction in fact it would be good for russia if gazprom have less power it would be good for russia if the big concentrations of power in this economy were broken up with diminished and you have a more competitive decentralized economic system. and let's quickly run through the markets now to see where we stand on wall street we see a lot of optimism the s.

and p. five hundred is trading at its highest level in about five years that's all thanks to a big housing data and a low weekly jobless claims and of course this positivity is spilling over to europe as you can see those stocks closed at a weekly high with the footsie and the dax gaining about half a percent each and here in moscow equities ended the day with pretty have to gains more than half a percent for the my sex as you're seeing right there almost one percent and all of the currency markets the euro was straining to the greenback and as you're seeing here on your screens the russian ruble closed mixed to the major currency basket. according to the chinese horoscope twenty thirteen is the year of the snake and it turns out that the birth year sign matters when it comes to business success the majority of russia's and the trends of china's business tycoons were born in either

the year of the dragon or the rabbit and the horses following pretty close behind and that's according to a russian magazine flaws are a huge discovery that about half of the richest russians were born between one thousand nine hundred sixty two and one nine hundred sixty eight and when it comes to traditional sooty x.i. is its burgos that top the list of the world's richest sagittarius says are of the most scares on the forbes list as it turns out and that of course explains why i'm not a millionaire and that's all the latest from the business team will be back in less than two hours time next though archies exclusive interview with the end of magic figure that has inspired hundreds of thousands of pakistanis to march on the government and demand a better deal. congress's

approval rating has hit an all time low never has american record history been so disappointed with the lawmaking body the united states even former arkansas governor mike huckabee said that their approval ratings are just barely above a pedophile so i guess that's good news for the disgusting protocols out there soon you won't be the most hated group in america anymore but i don't think this statistic reflects the quality of government but so much the quality of the government in some small country with a hard to pronounce name if the government became that unpopular the country would support. collapse but no matter how many wars congress gets involved in and no matter how many jobs are shipped overseas or no matter how much the american dream gets stamped out everyone still rallies around obama and votes democrat and republican this popularity rating doesn't show how effective the government is it

shows how arrogant they are because they seem to have no fear whatsoever getting reelected or being punished in any way for their bad behavior so you know congress i have to save you keep up the good work go for one percent popularity and maybe someone will actually do something about you but that's just my opinion. mission. critical patients free storage free. three. three. free. old free books videos for your media projects free media. outlets. more news today violence is once again flared up

look. these are the images the world has been seeing from the streets of canada. showing corporations to rule the day. look. thank you very much. for being with us with russia today let's start with the mars just as if you do think the marsh is likely to make trail the democracy in pakistan especially where the. general election is to be held in a few months democracy is known to be deep and not going to be d. day and it is our lady derailed by the corrupt political leaders began to put democracy in their own bright trick. and we want to pull democracy in place in its

two legged and spirit we don't want any kind of delay in elections. they've actually formed which i have suggested there are already mentioned in the constitution of pakistan all the details which i am demanding are our lady did in the law institution constitution and electra laws and the third thing my electoral reforms agenda has been our lady and builds by the supreme court of pakistan interstage ment which was issued on eighth of june two thousand and twelve this year so we have to dust and force these articles of constitution and sections of the electoral laws and judgment of supreme court and does not date more than one month and still we have three months for care to go to government so there is no chance of beating the democracy election can take place on due time for the two you

accused the political reader in pakistan of corruptions and other crimes. to what the thing or more do you expect which force that you would be dealing with or you wish to deal with that can brain that this change that you require. lead to be substantiate what i have stated it did with majorities of that these people are corrupt there is. department of the government. neb national accountability bureau and its chairman retired admiral for siebel heidi this is appointed by the president of pakistan mr zardari himself he has stated in his press conference and he has issued his or fishel neb statement that five thousand billion rupees but and i'm. going in corruption so these are the facts and figures given by the government department. and at the same time it

is declared and he does not deny eat that seventy percent of the members of the parliament of pakistan there are decks of waiters they don't bother to file their tax returns they conceal their source of income. sold the corruption there is nobody can deny it is reality so out of this martin movement is anti corruption to educate our society from corruption and this is need of the whole muslim world and old third world and developing muslim countries the have to get to the end of corruption and corrupt leaders we have to get rid of debts that we did in lawbreakers and this is why we have started this struggle as if there is create in pakistan you mentioned egypt and some other countries it's very famous saying. the revolution eats its own children is and what happened in egypt and libya and

other countries. those who call the revolutions the are not the rulers don't you feel that the fruits of the efforts that you are going to do now that could be shown to somebody else no i don't think somebody else will gain because somebody else has no intentions to take over the power. they have lost a lot of their reputation because of past experiences. and they in effect are no specialist of controlling the civil society they're not gentle it. when i say revolution we should keep in your mind in egypt in tunis in libya and all these countries there was needed a dictatorship for years and years for a long time. and the people stood up against that in iran there was it when eric year rule of shane shah the people stood up against that our dystonic is bit

different there is no one else rude neither monadic elul nor needed a dictatorship here is electoral authority in the twenty billion is an electoral dictatorship yes democracy and political process as well as the term is concerned does exist there are political parties and the men who cleared the elections to come back in the parliament after seventy five years but does the true democracy does not exist in this society neither in political. field nor in social field nor in economic field or democracy the people are not in fact participating in the real process of democracy. they're not getting the job they're not getting the rule of law they're not getting the. protection of their life there is no protection of their wealth and business. is targeted killings that people are being kidnapped. you know there are for last four days one hundred twenty five dead bodies were

sitting there with the body you know chief minister was there no provisional government was there no member somebody was there and even the prime minister arrived there four days later so this is a law lessness total chaos and anarchy in this country government is totally dysfunctional. saw this is the single nation single country in whole muslim world having a nuclear capability and if the same situation continues. that would be a very big disaster if we could come to the level of collapse so we have to put democracy owners' right rick we have to stabilize the society on troop basis of constitution and law this is this movement is for the two that you feel that if force will be. a loss of innocent lives. it. could be a sacrifice to the smart we have to stand up the people have stand up for their

rights people want a peaceful society which would be used i don't think i don't think they would be able i know thousands of the commandos they have got from the government opened up shed by the city has sent thousands of camano this night they have already made an attempt the first night when we arrived over here. and there were defeated. security guards and ladies game in front of them. and they've run away there and away i know and i telling you tonight thousands of commandos had been sent from the government open job and there were engaged from the capital to the thinking of a joint venture but hundreds of thousands of people are sitting here although they are an armed they are peaceful they don't have any weapons but still hundreds of thousands of people in spite of being peaceful they are enough to stop this kind of terroristic attacks by the government there nasr question marks on how you fund

you funded your campaign and this march in particular the receiving foreign aids or funds from the world's simple answer who funded the revolution of the un and the people in egypt who funded them. who funded the people in libya. who funded the people in tunis these are the people who funded the people in iran very old is when the people get up for revolution they give their lives a second phase but to talk about the money every single poor person is selling is that he has these sold we gave i myself my life my children's my daughters my daughter in law all of them our family give the part of the jewelries the ladies are given the julies the girls are given the jewel these people are selling their outfits their motorbikes their cars whatever savings they have the are spending on

the public city they are doing everything for this but even though it's an open secret that the americans the u.s. and the with some western powers have. the head they have a role actually to shaping in shaping be political even since when you're using pakistan how do you see the role and what is your strategy towards the americans and this was three hours this is because of this incompetent political leadership. if you had become bigger leadership. who fixes and and prescribes of you can see who knows that walked out of a supreme national interests and then it develops or foreign leaders it's foreign policy exactly on the basis of our own national interest nobody in this world whether america or any other country is your department friend nor your prominent

enemy we don't want to become enemies of other countries and we don't want other countries including america our other countries to be of any means. a fair. friendly relationship with every countries but at the same time we want to save guard of our national interest we want to become a peaceful country we want to protect the peace of our neighbor than region and we want to spark disappeared in developing the peace for the whole world those are my last question some of those there were things or accuse you actually directly that you are caring for it and that you are trying to implement here pakistan and you march comes with some sort of developments that the tension between the two militaries of pakistan and india on the eastern side in kashmir and some developments in quit. where hundred and twenty five people were killed from here

we are injured how do you respond to these accusations dr can you tell me a single day when there is no crisis in pakistan when there is no target killing when there is no bomb terrorist attacks when there is no law no kidnappings every single day of the of prices in this city of pakistan because of inability and incumbency of these rulers. my coming here this is a farce accusation i totally reject it i totally debunked it refute it. i have not come here with any agenda my agenda is the nation of pakistan. somebody critic can say anything to anybody who seem about it would have said the same thing to the but evolutionary people of you know this in the now they say now it's going to cause us he would have said this in a sense said the same thing so whenever you get up for the change the people who want to maintain the status quo deity used to say this kind of allegation and

telling lies. and this time of rising up and standing up for this change and democratic revolution is the best appropriate time because i didn't and we did not violent damn the political will. to disturb their mandate their god for the five years term and we wanted them to complete their term now the attorneys are almost complete. elections are in march going to stand their term is coming to its end so without disturbing creating disturbance during their term and we give them time to deliver if they can deliver anything but they couldn't deliver to the people so now disallowed the best time to bring electoral reforms before we enter into the process of elections if they elections take place according to the cia and corrupt practices and corrupt traditions and is has been taking. place

throughout history so it means the same corrupt people with degrees the lawbreakers . corrupted people with the debts of rader's. and like the prime minister has been ordered to be arrested by the supreme local bugs done so this caliber will come again to the parliament and they will ruin this can do the next right the years writing this time was the best time to bring electoral. the farms and then election triptych place within that time frame given by the constitution without any delay yet being political. i am not here to end poverty myself i am head to a member of the people of pakistan i have i know he declared that i am not dick and he did forget to go prime minister absolutely no.

good the average. guy. left nothing to live. so. precious children. like. roger showed us. leave it. on our.

live. live. live .

live. cut. cut. cut. cut cut. if. lippold. clinton. good speech. she gave. her her

her. wish. her luck. things limitlessly good luck. just seem to look at him. come out find him a little. live. live live. live

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