krissy were all of the money is a legitimate of course not complete rubbish cyprus has been negotiating for months now for this you know financial help if it doesn't get the money what will it mean for russia and its businesses there. will clearly if they don't get any money whatsoever it's going to be a massive problem not just for russian business but for a large number of businesses throughout the world like through cyprus because cyprus thanks to its history of being a u.k. colony and therefore its british based legal system has proven to be a very very successful financial center if there's no money it's going to be a catastrophe for lots of businesses all over the world including russia but then again really are we going to reach that point i don't think so we're going to get some sort of a be a load of reportedly going to get it in the next few days so you're not really expecting any technical default from cyprus yet some people say that the biggest risk for russia is its massive credit exposure to cyprus in fact they say the

amount of cross border loans with the russian banks is edging closer to fifty billion dollars and that's the fifty billion dollars that russia could lose if things go south do you agree with that estimate. well first of all these numbers they are huge but at the same time their biggest against of course are search all the kind of loans things like that i mean people don't just lend each other two billion dollars on a rough promise in a bar of a friday evening to actually of course there will be a chaotic situation as they trade on wind all of these different loans but that's not to say that we're ultimately going to get to that position of course it's an acute worry for the russian economy it's acute what are we for actually various other economies in the region such as serbia and many others an ocean don't forget a great many western companies also have operations cleared through the supreme council in nicosia and used the cyprus printing system. and it's time now to check

out the markets the russian equities rebounded from wednesday's losses the r.t.s. and the my cigs gained about a third of a percent and less than a quarter percent respectively gazprom outperformed the market putting on more than one percent of the country's second largest bank v.t.v.m. was one of the biggest losers for the day on the currency markets the ruble is mixed a strengthening to the dollar but weakening to the euro and that reflects the euro dollar dynamic the euro has finally regained some ground against the dollar after shedding value for several sessions on a row as for the european shares they maintained their positive momentum throughout the day to close with gains of three quarters of a percent and more than one percent for the doubts on wall street where the trade is in full swing right now shares are higher the sour the main driving force is the latest data on jobless claims they unexpectedly dropped in the previous week an

online auction powerhouse evades one of the biggest movers on that as that gaining almost three percent after an analyst upgrade. and a speaking of e bay on line shopping is on the verge of a major breakthrough here in russia. over the next three years e-commerce will triple in volume to thirty six billion dollars by two thousand and fifteen that's according to morgan stanley the russians will finally have access to global selling platforms thanks in part to e-bay getting the green light for its payment service pay pal to operate fully here in russia that explains say i want to sell my body like on e-bay to somebody in america sounds easy right but actually i can't because even if i find a buyer i won't be able to get my money out of the system fortunately that is about to change. the world leading online payment service pay pal is about to get the

license on full authorization of involved which means a trade between foreign and russian merchant who finally becomes easier both ways. most of. the. internet options evade the phone pay pal is now expected to get millions of new clients from russia that's a real boost in x. parts the new service will only fuel the contras e-commerce that is already booming

at double digits and double to twenty five billion dollars by twenty four to see him they only drag on the sector is now russia's torrijos postal service that will have to catch up and actually deliver what this paid for. russia's diamond giant about to start selling its stones in the united states is getting ready to partner with a world famous auction house so the bees currently a little sis selling diamonds to clients in belgium and israel india hong kong either directly or through its own auctions while a contract with subsidies is a big step toward promoting the brand certainly overseas some of the stones will not go under the hammer in the states and that's because the russian law prohibits exporting truly unique diamonds that are fifty characters or more while we have to keep the big ones for ourselves. and that brings you up to date on all the latest in business after

a short break bill will be back with the latest news and headlines keep it here on r.t. . a un investigator ben emmerson has decided to not let the sins of the recent past go he's demanding that the u.s. government release documents about the cia's program for addition and secret detention of suspected terrorists everson believes that there is now credible evidence that shows that cia black sites were used to extradite suspected terrorists with neither charges nor access to a lawyer you know nothing says protect a democracy like snagging people in foreign countries even charging them with a crime this huge investigator may have good intentions but the thing is that no matter how much he and his u.n. pals urge the u.s. to prosecute officials connected with torture or expose classified information they really have no power to do anything if you haven't noticed the u.n.

is very happy to section and punish certain countries birdie if you out there naive enough to think that they'll sanction the usa or send a peacekeeping mission to stop the human rights violators in washington not a chance the un really has no business meddling in the affairs of sovereign countries but they do it all the time but there is a zero percent chance that the un will stand up to the bad behavior from the u.s. government no matter how much it's investigators whine and plead and beg but that's just my opinion.

this continues now on our team we turn to one of our top stories this hour china getting a new leader xi jinping will push ahead with increase military spending and the battle with the u.s. for influence of the region well for more on that let's now cross live to china expert martin jenks he wrote the book when china rules the world the end of the western world in the birth of a new global order we tried to check and chat a little earlier we lost communication but now i think we can talk about it and it looks like she's jumping is going to adopt the foreign policy course of his

predecessor what will actually mean then for relations between beijing and washington in the future. well it's no surprise that she chippings. really expressing continuity because that's the whole way now in which the chinese leadership is constructed i mean if it's if it's going to shift it's not a shift now it will chip you know several years down the road i think what would it mean for nations with the united states i mean relations with the united states have steadily be getting more complicated and i think the reason for that is because before you know china was very much still a developing country and a much weaker global power down the united states but china of course has been growing like crazy and is more and more present around the world in different continents and different countries so the interests are larval to be in conflict in more areas than with previously the case i think this is the reason

why it's getting more complicated and what way could that conflict perhaps materialize because there is a lot of talk about slowly but warfare could we actually see this sort of tension in the digital space turning into something more physical is that something to be of concern. well i guess i doubt i mean the first thing i would say you say more physical is that the chinese i don't think the chinese are going to be militarily aggressive i mean not as not be first the chinese history and secondly actually their tradition of this regime especially since nine hundred seventy eight times mean you know if. the chinese military i mean we talk about the rise of the expenditure but actually compared with the united states china is very very weak militarily so so i don't think we're going to see some of the other no i don't think the chinese would want that to happen a little because really it would stop i mean what has been their great product and

remains it which is the economic development now it's true you know is right beside the questions and so on can lead to a deterioration in relations i mean personally i take the american accusations with a pinch of salt i'm not saying the chinese the most up to it but i'm pretty sure the americans are up to a lot more china is facing another foreign policy challenge in the form of japan hasn't the dispute over the sink kalki widens could that perhaps be a dispute that could turn dangerous. yes i think downey's the most dangerous dispute is much more serious than the south china sea there's no way china is going to go to war in the south china sea these skirmishes might continue but there's not going to be a war in any way china's racism with some of the southeast asian countries is quite good there are the problems all vietnam which is a very long historical problem in the philippines japan is a different matter why because of the history i mean it's about history it's about

what japan did a century from eight hundred ninety five almost in especially in the second world war and this is still a huge scar for the chinese but i gave personally i think the chinese will be very cautious when it comes to any kind of serious escalation of conflict they will resist that it's not in their interests and i don't think they'll you know they'll not want to go down knock off and actually i don't think the japanese will heat up territory dispute of course between russia and japan. and we know that in the fact that the chinese leader will be coming to moscow in a way that they share some of the tensions over japan but what would be the main achievements he'll try and. get when he comes here to moscow one of these big tours that is due to take place well i think although we know the relationship it would be good russia and china is. quite complex there are all sorts of

difficulties i mean the really striking thing looking out to address what you don't get period in the rush it became russia and china is how much their relationship has improved i mean east you know it was an open border war with that way to talk that those days are long since gone the borders being completely agreed and you know there's been a remarkable cooperation through this through breaks and on a lot of international issues that. chinese and the russians agree and the chinese by and large would be happy actually to to follow the russian elite on these questions so i think it will be a question of you know further in cooperation furthering trappy degree months this is always the most important thing for the chinese trade trade relations economic relations and at the same time discussing you know the future development of the brics and the shanghai cooperation organization and so on and on

a general discussion about international issues of course syria will feature. the lead player syria russia my time wasn't very much your thoughts on this martin jakes live in london author and expert on china thank you appreciate it time thank you. odia recording of bradley manning's court testimony has been leaked by his supporters the u.s. soldier is heard saying he became a whistleblower to provoke debate about u.s. foreign policy in accuses the american army of blood loss he faces life behind bars for handing fell's of classified documents to wiki leaks back in two thousand and ten well he's going to khan has more on the story. nobody was allowed to make recordings of bradley manning's pretrial tribunals the military court in february but someone did and the freedom of the press foundation released mr manning's testimony in its entirety in this hour long testimony bradley manning in his own words explains how and why he leaked all those documents many of which revealed how

the u.s. government covered up civilian casualties in human rights abuses during the wars in iraq and afghanistan he served as an intelligence analyst in the military and had access to all those documents the biggest leak in history let's take a listen to just one episode where bradley manning explains why he leaked the video of the patchy helicopter gunning down boisterous journalists in baghdad and then targeting those who showed up to rescue the wounded including a van with children and that footage shocked the world. it was the army that. heroes. it was. huge. for. me. it seems right now is bradley manning who is the and under the magnifying glass of

the government very serious charges lined up against him here is a weapon he was there at the hearing when bradley manning delivered this testimony you heard him you saw him did you get a sense of what he would have done the same had he known how this would turn out you know i don't think bradley manning or anyone else would have known that by leaking this information or would have been three years of pretrial punishment and detention that's something i think you know the u.s. government saw however i do think that he knew that these documents were very very substantial and in fact in two thousand and ten he said that these were some of the most significant documents of our time last month during his testimony he says he still believes that the iraq war logs and the afghan war logs. are perhaps the two most important documents of our generation let's let's talk about the chilling effect that the whole trial will have on the whistleblower study happening on exactly do you think anybody ever is going to do anything like this again having many example in mind i mean faces life in prison people are going to be more hesitant not only does he face life in prison but he could face the death penalty

and if the u.s. government said they were going to pursue that other people other people who are going to try to seek for more open transparency are going to be more hesitant because they know that this could mean three years of being put away in a chair without ever being taken to trial on the other hand i think i think p.f.c. manning did what he did because he knew that these atrocities need to be exposed and i think other people are going to do that maybe not during our generation but in years to come it's going to happen absolutely thank you thanks andrea thanks very much bradley manning has been held in u.s. military custody for around three years now and the un special rapporteur on torture has formally accused u.s. government of cold the grading treatment towards bradley manning including but not limited to keeping him locked up for twenty three hours a day in solitary confinement for eleven months in a row bradley manning pleaded guilty to ten out of twenty two charges brought against him just under those charges he faces twenty years in jail but the prosecution may still pursue the twelve remaining charges including the most serious one one of aiding the enemy and that one carries

a punishment of life in prison and the big question for many remains whether it was the enemy that bradley manning aided or the public which has the right to know what their government is doing in their name in washington and vanished. and we could be exact of his club stokely believes none of the documents mounting released were a risk to national security. bradley manning has just been nominated for his third nobel peace prize meanwhile he's been charged with aiding the enemy that doesn't look very good for the obama administration or the government anyway obviously was not motivated to aid the enemy to harm the u.s. he made that very clear he chose cables and videos that had no national security concerns and he released them so that we could have this conversation it's a disgrace every day that he is in jail. it's a disgrace to our military it's a it's a disgrace to the promises the obama promised in two thousand and eight.

controversial ad campaign is in san francisco bearing a jihadist quote can now be seen on city buses just a few months after a u.s. film mocking the prophet mohammed sparked a wave of anti american violence in the middle east for more on this story head right now. plus a take away pizza and a can of coke they were the only demands of a hostage taker in russia can log on to our website hardy dot com to find out how the siege ended. roman catholics have a new leader in time born pope francis has become the first pontiff ever from the americas and the first from outside europe in over

a thousand years the seventy six year old was elected by a conclave of cardinals after five rounds of voting the search for a man to lead more than a billion catholics worldwide began when benedict the sixteenth resigned one of the main goals for the new pope will be rebuilding the church is reputation following a spate of scandals on a string of child sex abuse cases with the most damaging let's look at just some of the numbers involved here where the largest number of reported cases of children being abused by priests is in the u. s. allegations were made against more than four thousand priests and deacons more than a billion dollars has been paid out to victims in settlements in islands which comes second in these grim statistics the church had been turning a blind eye to the allegations for thirty years and in germany two thirds of all dioceses were allegedly involved in sex abuse scandals and austria is an example of how these scandals have led to people's disillusionment with the church almost ninety thousand austrians have deserted in just one year when italian journalist

franco he's an expert in vatican affairs he says that reaching out to believers in europe at a time of economic crisis will be one of the greatest challenges for the new pope. the. goal here comes from south america base a very very well before the start of progress but the issue is who to freeze. of the. terms which will europe for. the moment you. can be. especially in europe they are getting. their needs in the church in the region. is going to be to be problem if the world did you know are they richer to the through you know. international news in brief a series of coordinated blasts have hit the iraqi capital baghdad killing dozens

and more than fifty the bombs went off near a number of government departments including the justice and foreign affairs ministries security forces were involved in a shootout with government in order to regain control of the justice building. the south korean prime minister has visited the disputed young pyong island in a move likely to north korea the territory was shelled by the north back in two thousand and ten killing four islanders and the military's been put on full alert by their leader joint u.s. and seoul war games which are ongoing in the region are also adding to tensions. so it is a concern to discover the higgs boson commonly dubbed the god particle it was found last july but it is taken until now to officially authentic eight exposing is considered a missing cornerstone of physics which could help explain the creation of the universe so i just have been looking for this for decades with the search intensifying after the building of the world's biggest atom smasher the large

hadron collider in geneva. also. israeli prime minister benjamin netanyahu good party and its negotiating partners have reached a deal and form a new government a new cabinet appears set to address pressing domestic issues and is likely to take office next week before a visit by u.s. president barack obama who emerged victorious but weakened from generous parliamentary elections had to concede on several points with the centrist party and the process jewish home party. breathing new life into a stalled middle east peace process is the order of the day in moscow where a person has met his palestinian counterpart mahmoud abbas is on his first official visit to russia since becoming president of the palestinian state in the wake of a u.n. vote late last year and it has been following the meeting. this is mahmoud abbas his first visit to moscow since last november the united nations general assembly

voted to offer the status of our time to that of a non member of their first state of the movie essentially recognized palestine's right for statehood and has widely been considered as part of the basis for a permanent peace settlement and of course this is going to be one of the major issues to be discussed between the palestinian and russian leader this is coming ahead of the forthcoming visit by president obama to palestine and there's also the bag drop of notable coolness inhalations between washington and tel aviv of course president bush has brought you from new fresh faces into his new administration during his second term and some of these faces have been notably if not just an empty israel then definitely not quite as friendly as the previous administrations have been for example john kerry on his first trip abroad in his capacity as secretary of state has not paid a visit to israel that was noted by many and of course there's also chuck hagel who has openly spoken about israel has said that israel is on its way to great

apartheid and was generally regarded as an empty israeli official in the u.s. administration so it's these issues which are obviously dominating the israel palestine possible a peaceful settlement. with the latest news with the team for you about five minutes from now. victims multiply here each day. it's very profitable to invest in colombia that every profit out of the it is a very high return on investment. you'll know me he has said that i've been working in this area for thirty years and i've always had to pay the armed groups that they needed better than other managers who change their name and strategy but just tell the same murderous. high ranking suspects give no comment

where you have to say about that mr president as soon. as the president didn't. but the media. i won't give an interview i'm sorry but no. investigation is a dead. end and he says sick and stop your bullshit and keep quiet or else you'll suffer the consequences. even if they're your bodyguards to watch themselves because the same goes for them. blood rigs from sick i've never heard of such a case as ours are so much money and gold has stolen so many. for all the gold in colombia on our t.v. . you know sometimes you see a story and it seems so for like you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harpur welcome to the big picture.

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good speed. which. ultimately. good. luck just some. kind of a little. i've.

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