well the remedy. i'm.

come to this is long case utopian thank you very much indeed for joining may also i should say in a russian bank gave out a record number of mortgages last year totalling two tritium rubles which is equivalent to sixty seven million dollars and that represents a forty percent growth rate on year by the us to the top of the ocean when compared to the amount granted in the european countries the united states so. just ten now just to see how russia fits into this scenario compared with other countries and those numbers they sound fairly impressive in day it's not nearly as impressive as europe in the u.s. i gather so what does russia need to do to catch up well or another way of looking at it is should russia be catching up to its western counterparts what we recently saw in europe and certain parts of the united states is actually a pretty sharp drop in the property prices let's take a look at the graphic here pretty much everybody. agrees that spain and greece were

the hardest hit by the crisis but actually what you're seeing here is that ireland in terms of housing prices saw a drop of as much as seventy percent of the past five years while the unemployment there has tripled that simply means that many home owners can no longer keep making their monthly payments they borrowed one property prices were on the rise when mortgages were pretty accessible but when the global financial crisis hit in two thousand and eight their homes devalued almost overnight and that means they owe the banks more than their homes are worth at the moment and that really presents a problem but unlike in the united states where the banks are old off billions and billions of dollars over the past several years in bad mortgage loans in fact let me give you the exact figure was one point five trillion dollars since two thousand and eight i know but in most european countries it's not as easy to get rid of your mortgage alone vet is overdue by you know either declaring

bankruptcy and or by transferring your home over to the bank so it's really a problem this mounting debt and since everybody is very concerned with growth returning to growth a lot of the economists as well as governments in europe realize that something needs to be done so something needs to be done why does europe write down these mortgages as a u.s. bank. while while they're very concerned with of returning to growth they're just as concerned with maintaining the stability of their banking systems as we all know many of the governments received billions of euros of bailout money over the past several years and they spent the bulk of it on bailing out their banks so now if they allowed these borrowers. to default on their debt that will really threaten

the stability of their banking system all over again definitely not something that they want right but on the other hand returning to growth as i said is a priority so they realize that they have to do something on the surface the lower the rate the better but in actuality a lot depends on the property values so in turn that depends on the macroeconomic picture so let me state the obvious. a stable economy is definitely the key to the balanced mortgage market ok so let's pick up on that on right now because the russian economy is stable. good growth prospects going forward but having said that less than a million russians applied for mortgages this new strain that's may well definitely and you have to also keep in mind that out of that million the majority actually applied in the first half of the year. the overall growth rate for the year was forty percent bought as i said the majority applied in the first six months when

the interest rates were at an all time low of eleven point eight percent i know what you're thinking right now that's actually high high by most european standards but we come back to that in a minute battle out the russian banks mainly the top two lenders bank and to boost their mortgage portfolios by about sixty percent in the first six months will listen what thinking at the moment is growth prospects going forward it's all set to work so what does that mean does that mean the banks of set to expand in this sector in mortgages is or not necessarily so that's certainly what they're claiming. to be are expecting their mortgage portfolios to at least be comparable to what we saw in two thousand and twelve but most independent experts actually doubt that be able to do that as i said the bulk of last year's homebuyers really applied for mortgages in the first half of the year when the interest rates

were at a historic low but then the banks actually went and increased their rates in fact as a bear bang did it twice last year and that sharply brought down the rate of warming certainly certainly a long time boring of mortgages and as a result of course but i mean you have to also keep in mind that eleven to twelve percent is a sky high by. international standards in the united states borders now pay between three and four percent actually pretty low rates and ironically mainly because of all the problems in europe it makes the dollar and hence the u.s. treasuries very attractive keeping the interest rates and hence the mortgage rates pretty low but by contrast being twelve percent annually for your mortgage here in russia means that if you why say a three hundred fifty thousand dollars apartment which is the average for moscow by

the touch by the time you're done paying your twenty year loan you would have paid three times that much more than one million dollars so the million dollar question really is are you going to be able to sell it for that amount definitely something to think about before. into the more i'm not going to plunge my rent is due and i'm just going to keep focusing on the. thank you. very informative. move on then after a hectic christmas period most postmen are putting their feet up but russian ones though they are busy running around to post boxes of all lined shoppers russians have been keeping their fingers firmly on the buy bottom sucking up bargains in foreign stores making the most of the january sales of broad tanya the story wraps up for us. european sales are sluggish as consumers are tightening their belts russian shoppers who continue to splurge both at home and abroad may be the cure

for the ailing european economy now small it thailand designer shops that don't even have a website at home could sell their shoes and dresses hair in russia via a special postal service are going to rise by the russian and italian post big spenders in conventional shops russians are set to prove it online and i killed the report suggests the country's economy will double to twenty five billion dollars in two thousand and fourteen russia over resit overtook germany last year in terms of internet service with more than fifteen million daily users that's the most in europe and the internet penetration is increasing by about thirty five percent a year market watchers believe the first through say its postal project will help russia's digital shoppers shake up italy's retail market if only both postal

service is famous for their speed the operations manager deliver on time. we're going to say russian check out those stocks we can see they managed to finish up the day above the line we have the r.t.s. there are four tenths of dissent up for the my six just three basis points retail america needs one of the best performers of the day it was up around three percent the russian ruble finished up the day mixed as expected this was the weekly performance pretty much you can see it's higher against the u.s. dollar but lost out to the common currency and the european markets as they stage a bit of a recovery actually this friday ended the week euro zone manufacturing hit the eleven month high it was healthy german figures offsetting a french decline though you came out of factoring also grew in the us despite the january snow i also want to mention the fact that spanish starts slums that's after a short selling ban was lifted days it was an all or floor yes now but u.s.

stocks as well this is the big story because they are rallying as you can see just that we've got the dow jones back above the fourteen thousand mark for the first time in five years that's after data showed that hiring had increased in january and manufacturing grew reaching a nine month high as well as that showing the industry really improving. and we move on the tax dodgers across europe no longer have anywhere to hide a new swiss law takes force today which will allow foreign governments more powers to crackdown on tax evaders according to the new law which is called the administrative assistants act group requests in accordance with the international standard will now be possible but swiss lawmakers have been keen to point out that fishing expeditions in other words large scale demands for information on possible tax dodgers will not be excepted now according to the global organization

a parliamentarian against corruption losses due to corrupt practices including tax evasion a quote to combine the confines of quantum is of switzerland south africa banned. a lot of money. for now for today even but more coming up here in r.t. we catch up with the director brian de palma who talks to r.t. is. about smiles invasion and the military that powers america. you know i can kind of sort of understand the mindset of an evil dictator i have trouble understanding what is going on or maybe not going on in the minds of the terrified cogs who believe all the propaganda give up all their rights for the losing of safety to coach jerry seinfeld who are these people well maybe some of

them may be working at your local school braindead bureaucracy zombies at a pennsylvania school suspended a kindergartner note kindergartner as a terrorist threat because she threatened to shoot another student with a gun that shoots soap bubbles i guess this was all a mix up because the girl she wanted to shoot didn't understand that it was in reference to bubbles and not bullets children in kindergarten can often misunderstand things but the administration of the school seems to be no smarter than six year olds immediately going into total panic mode guess what this is hardly the first time that something like this has happened remember the kid who pointed a piece of chicken at a teacher and said bang the thing is that the real terrorism of the event is that the mental sleeves of fear propaganda that work at these schools are raising a generation of children to be just like them somebody shoot me with a bubble gun my opinion.

today. again flared up. these are the images. from the streets of canada. operations.

in which. they were.

mission impossible director brian de palma it's great to have you with us. all of our stone who wrote the script to one of your best known films scarface said in an interview with r.t. that americans are living in a well end state it might not be oppressive on the surface but there's no place to hide so eventually some part of you is going to end up in the database somewhere according to historian peter cause nick the us government intercepts over one point seven billion messages a day are you aware of it like it understood now or was paranoid because like myself a very strong. views about what our american foreign policy is and so needless to say i've probably been followed around since the sixty's because i made very political antiwar pictures of me in the sixty's. so i sort of accepted basically. and my last week's political picture

redacted. my country because i was criticizing our foreign policy and the practice of what the hell are we doing in iraq. these terrible things happen when you put these young boys in these worlds where they don't understand what they're fighting for why they are. so i can understand why all over things were being followed all the time we probably are your drama we docked it which still is what the war in iraq provoked political debates in america with claims it portrays the us soldiers and i could see flight. sunsets if to such critique even your film's title makes it clear that the truth about the war in iraq has been edited and hidden from them or it can public unfortunately america you can never say anything negative about the troops even though they're over in a country they shouldn't be doing things where

a lot of innocent civilians are getting killed. they're all valiant warriors. well i think our foreign policy is incorrect i don't think we should have been in iraq at a wall i think we were lied to by our government and what happens when you put young boys in situations where they don't know why they're there there and it's even worse than being because not only are you wouldn't terrible environment where everybody basically wants to kill you. and you walk around and suddenly the earth explodes and your best friend just lost his leg. you. to test the people you're supposed to be fighting for. and you do crazy things and that's what to redact it's about and that's what because it is a war was about. these wars make no sense and crazy things happen

here if studied the phenomenon or rather the pathology of violence for a while for decades why is america so keen to get involved in conflicts whatever they hop on from afghanistan to libya shooting first and thinking later many things in there were repeated over and over again that you know sort of. create this and this atmosphere one is america is the greatest day shouldn't in the world i don't know how many times i've heard that do they say that in russia do you say russia is the greatest nation in the world or not so i often i yeah and why are we all love or the world why are we in countries you know we have you know military presence all over the world why because we're the policemen of the world who who who decided this you know. so consequently we get

ourselves in a lot of trouble but you know there's also an economic thing according to president obama and economic recovery has begun but america cannot succeed when a shrinking few do very well and a growing many can barely make it where we sell. planes guns rockets missiles though these countries all over the world so you know that would that's one of her biggest industries it's our biggest export defense america spends as much money on military security intelligence as the rest of the world combined you know you're dealing with a big you know economic reality you know the idea that we would cut any money to the defense budget is like unbelievable let's get a few more planes let's buy a few more ships for what you know we're going broke doing this and there's like you know it's like what eisenhower warned you know the military industrial complex

watch out it just grows and grows and grows and nobody can seem to stop it barack obama has been recently sworn in for his second term but you don't seem to be very happy with his achievements oh no i think obama's trying to change some of this but here you're dealing you know our country a very split we have kind of liberals and he the cosa we have this kind of very conservative center of the country and that's why it's a difficult to get anything done in the congress. i mean what do we have guns what about guns all over the place you know we're slaughtering children and people think oh well maybe we need more policemen in the school rooms i mean you know it's crazy but guns is big business and they like to sell guns that we're probably the only country in the world that has guns all over the place following the mass shooting at the elementary school in connecticut in december the los angeles police

department has decided to deploy six hundred police patrols the elementary and middle schools do you think increasing police patrols could help hold violence some say that the real purpose of the police build up at schools is to make kids used to the cause. presence off police and the growing atmosphere of fear there was an incident in china were you when somebody went to school and attacked all the children fortunately he only had a knife so is mentally better to stab a few people and kill no one when you have automatic weapons that can fire and one hundred rounds i don't know in ten seconds you it's crazy and it's like these are the kind of things that make no sense in america and are obviously after this last terrible tragedy they're trying to make some changes in the gun rules oh so i can buy an automatic weapon with

a magazine that holds two hundred bullets to go five hundred it's absurd but these are the kind of things that does drive you crazy i mean it makes no sense whatsoever zero dark thirty is the controversial years drama focusing on the decade long manhunt for a summon bin laden has been slammed for excessive violence and depiction off torture to find such criticism fair enough absolutely no big surprise we tortured a few people to find out where the terrorists were wow. i can't believe it america torturing people what's going on in guantanamo bay those poor guys have been there forever is the war ever over. maybe we should waterboard the bit little bit but only been there for ten years where does this glorification of mode and so to come from well i think the use of torture in. the big book is very

realistic. in a way i don't know why everybody so surprised or upset but the fact that you would say that americans actually torture people is like possible but it's ridiculous of course they torture people. i like most of the action packed crime dramas targeting men your latest passion as if it were exclusively about women and for women now in the past some ladies have actually accused you of being a missile engine ists is this sex not the three your final answer to them well i had made it through in quite a while and the producer really made religion a french movie it was approached in toronto when it was shown that american producers wanted to make an english version of disease and there was so much interested in making an english version he decided to make and sell so he was

a viral my fellow so he sent the film to my agent and i looked at it and i had made it through in a long time and i had sort of taken a couple of years off because i've you know daughters and school and i kind of like the idea plus i like you know making a film in paris or out of piracy louis ultimately shot at berlin. i like working in europe i like living in paris and i like the characters that you know these two. aggressive women fighting for power within the sabotaging agency i like women i have worked with women my whole life i went to a school as a graduate school it's a. laura to which i was the only male amongst hundreds of women so i'm very used to being in large groups of women i'm used to working with women i get along with them i don't know where i got this pathologist reputation because i love to shoot women

i love the dress them up i love to make them look beautiful i have to follow them around with cameras because they are appealing to my eye and this movie was full of women they had we had the two competing executives we had the assistant that's in love with her boss and then we have this beautiful russian ballerina so what more could i ask for thank you very much. the government no longer represents the people. the people are going to take such a.

leash in the traditional sloop delete. the way or the fifty weight limit. please please. please. liz.

live. live. live. live live. live .

hold it. hold it. listen. to. that speak. to. her. i wish i. could bomb it good luck. love just see my mom and i'm a. little my son i'm a little.