also gone sour so last two i contend with lots coming up after the regular business but it is joining them. oh no lazy bureaucratic and trivial censorship strikes again but this time in russia a bill has been signed into law that will put fines on individuals and legal and to these for using vulgar in the media one major flaw of many with this is that they really don't know which words are going to be considered vulgar i guess these words are so awful that they cannot even write them down i'm not naïve there has always been and will always be censorship but this where word list is just silly there is a common expression on the russian internet that russian mainstream media conducts more and eyes ation of society russian t.v. does have all the bloody violent action movies as well as scandalous talk shows

which are kind of like freak shows and plenty of reality t.v. where young people pretty much act like subhuman animals in a cage they've got all that so the government is basically saying that if some guy on t.v. comes down twenty people blooded limbs flying that that is totally ok for television unless they come out for bid swear while doing it you can show brainless materialistic dimwits sleeping and fighting with everything that moves on a reality show but if they say that one magic three letter russian word then it is over the line this is not a logical way to conduct censorship but that's just my opinion. choose your language. with. some. good sense to. choose. the great.

stories but if you. choose access to. their welcome to business is monday evening here in moscow with may katie. venezuela may have a new president barters oil industry is likely to remain in a similar fashion to how operated under his predecessor hugo chavez nicholas' mother or will when his when state oil company v s a will continue funding the government socialist policies while continuing to strike up oil contracts with china russia but that i was handpicked by the late chavez to continue his work in the country where he nationalized most of the oil industry during his fourteen year

role so earlier today i swear to industry expert david elms on what's next for the country with the world's largest crude. there's not an immediate reaction from the oil markets to the election result because i don't think anybody feels that it's in the interest of anybody in venezuela to reduce the production of oil that they currently have because. a lot of revenue for the state it's really a question of what's the long term picture. production of oil in venezuela has been declining recently and so the previous administration had been looking for support to build up production again and that has involved international companies starting to operate in the country again and it's in also involved the support of other nations in terms of loans and so the question is you know how effective will the new government be in reversing the downward trend in production to carry on.

having the situation where where the country can provide so much income to the states to support social programs what do you think needs to be done in order to get the oil industry take started and get it to be what it could be potentially with the reserves that they have. well it's interesting that you mention the reserves because certainly over the last six years the reserves declared by venezuela have increased significantly. almost quadrupled now that's been very much due to the reserves claimed for the orinoco basin and the challenge there is that that is oil that is difficult and expensive to produce and so the country will need a lot of skill to do that now they can build up the skills domestically or they can seek support of international companies but it won't happen quickly to invest some what sort of eighty billion dollars needed to bring that production online. ok we

are going to check out the stock markets you'll be able to see we are looking at declines for the u.s. that wall street was just that over percent of the dow jones and around one and a half of the nasdaq i can tell you is about the worst in about seven weeks for the stock markets as well and it's all to do with that news that came from china with the growth much worse than anticipated so it's really hoping to see that. you can see just a european start as well they finished lower we'll be able to see we are indeed looking at declines there an eighteen month low as you can see that we've got around six tenths of them for the for the dots around for just that is already that news from china so it's those mining stocks that are really taking their toll they are the biggest losers on the session today all right let's move on and check out what happened with russia it's probably no surprise we still look at the clyde we got to seven for the r.t.s. around them i said it's one point nine percent down in negative territory just there don't want to repeat myself here but it's all to do with china's ricocheted

like a domino through the markets today it's really taken is about also want to mention for russia or oil is declining as well which isn't helping our matters as check out the currencies and see what happened to the variable i will be able to see you've got it there did indeed actually declined to the u.s. dollar the year i just i want to tell you that in terms of the euro dollar that too is down actually and moving on then. gold actually managed to tumble gold futures tumbled my more than ninety dollars on monday really deepening their decline that's after really bearish market that we've had in recent times and a lot of lies to do with china i've mentioned a few times with the stock market is just i've got to pull a cave as well to help me out with this one i just want to look at the figures as well because under fourteen hundred dollars per ounce which is twenty six percent drop there is highest of almost around nineteen hundred dollars in twenty eleven

that is you know that's substantial that's not looking good a top but what i want to know tonya is i find it hard to believe that these huge declines that we're here at the moment are all to do with china is it tell me you know not really i think the chinese data is more of a catalyst of the drop as you can see from the graphics yeah. the momentum behind this fall has been building for several months. a continuing downward trend since september so gold lost twenty one percent rise so why then why have investors fallen out of love go because we know that they've been in love with it for like a decade now and there is a number of reasons behind that. but first we have to understand that what was driving the gold prices are all the time was for three years of inflation. very low interest rates all over the world and the risk of load on the stock market or

investors didn't trust equities and their cash in gold but now everything has changed so now the stock market's up more or less strong not today yearly you're spot on especially as you know the inflation in the united states has moderated despite the excess of money printing in the past that didn't fuel the inflation as everybody. and also the interest rates in the united states may go up now right and that means stronger dollar and stronger dollar is always an alternative to another safe haven as it's a part of your cash traveling side as i write for a single. another factor though i want to just put into the mix is the fact that cyprus was saying just last week that they wanted to sell ten million tons of gold sounds great you know neither actually this cyprus amount of gold is not that

significant to really drive the markets but gold traders saw this move as sensing a transformer european countries such as porch right and. they can do that and there are gold reserves are march larger right so it be a bigger problem. yeah i mean you mentioned as one other thing i just want to tap on to you said about printing money now of the my band that's in full flow we've got the u.s. particularly japan as well really doing aggressive forms of course. but we're not seeing gold surge skyrocket as a result so i was. actually a some investor say that it will eventually do that that quantitative easing will fuel inflation and that will again leave the prices are up and i've spoken to one of the gold bulls a legendary investor. now he remains committed. or is yes gold has continued to consolidate some people are giving up on gold just

good for more people to give us the chances are that we're making a bottom and that things will go up i bought some go recently when it was low when it was collapsing i'm not buying a large just enough to keep my finger in the park if it goes down a lot hope i'm smart enough to buy a lot go. oh arise and you know tanya public private thank you so much indeed for that insight for us i just want to add another reason into the mix i was having a chat with anonymous today trying to get an insight as to what's going on with gold as well as tonya talking to other people and i can tell you that he had a suggestion that one of the reasons that gold is indeed plum a saying is perhaps this gentleman just carried his fashion taste of this man from india he's so in love with gold that he have this jacket tellez right here for two hundred fifty thousand dollars and the analyst i spoke to today suggested that people were so shocked and shocked as a point that he didn't use that what they were so short lived so left gold. to that

we all that's just another reason could be going down just a suggestion and a way that is business for now but this plenty more to come hey we got an interview on the way for you with frederick such a right wing politician like pattinson stay with us about. your image of the rock to a. twenty day taxi trip through the country. the road. to. the roots of iraqi tragedy. after the war waiting for peace. talks on our t.v. . pixel

live. p. six p. if i am i.

kidding. the look of the international airport in the very heart of moscow it's just so. today we're joined by money independent she is a leader of the french political party the national front and she came in third in the two thousand and twelve presidential elections in france getting about eighteen percent of the vote which is slightly higher than what was expected thank you very much mr bennett for joining us today and my first question is we're looking at

seeing in europe a rise in that nationalism in the rise in a pro independence movements those sentiments of wanting more sovereignty for their countries but do you think that this is a temporary trend because analysts are saying this is just a reaction to political parties that are currently in power and a reaction to a bad economy across europe so do you think that as a pendulum it could well move away from the groups like the front and back to the other side of the political spectrum. to. now i don't think so a tourist i think that first and foremost if there is a rejection of the u.s. union and its policies you have been people are realizing that the european union is an empire. that is in fact he's drawing that region on and doesn't protect them from economic social or migratory difficulty and i think that the increase in patrick has me to managing a country's own affairs to control of the border is whether it's human capital a product is a revised i think what we're seeing is the brussels very falling down it's

crumbling that is to say that the european union and its model has reached an end it's a destruction that it's not right now but will probably accelerate will do we need to look at what's been happening in bulgaria where there has been a revolution and where the government house as well as the parliament within ten days also need to see the results in italy where within two years the us skeptics have become a majority and i believe that many other people are in the president rejected the policies because of these policies is ideology ryssdal to free trade immigration globalization that is making us open our doors and windows to all the products in the world. to a knock at the immigration lawyer speaking about the e.u. the institutions authorities have been criticized for lacking democratic legitimacy but now we see that the next to e.u. commission president after she's a model there also he's going to be elected do you think this is a real move towards democracy in the e.u.

it is certain oh obviously not this is all fake this is to make the people believe that there is more democracy that in fact we see what's happening at the european parliament it's supposed to be democratic but it's not at all representative of what the people of the european union think about the socialist party as well as the european right hand in hand and said they voted in favor of ninety seven percent of evil directives and today there is a very strong persuasion of people who rejected a model and these people are not represented by the european parliament so i think that electing the successful is them on the al gore although it is not as discreet to make people believe that there will be an increase in democracy but in fact the mortal the economic model the truth is killing democracy to just. let them a question let's talk about hugo chavez the late president of venezuela now he was also against new liberalism and he was nationalistic he wanted more sovereignty for

his own country but he was a socialist he was a leftist not just any of his political stand resonate with you. one this is a chance that was a paradox it was a solution if and even a communist but this is maybe the communism in you an affront to two years ago he was a communist but he was apache out a communist and many of chavez's policies were open to criticism but there are many things that you can't criticize to kick out such as the fact that he shares result is with us people it is very rare it was eaten africa from many countries that has resulted in a people don't get a share of the city disadvantage agreed to bring down quality every week. he tried to create a state able to nationalize big companies should be done call into the hands of multinationals it says that he has been opposing the usa which i believe is something positive in order to gain autonomy and so that venezuela would get back its freedom so i think in the end his results are outrageously but it's we're wrong

to reject all the things that he has done. a let's talk about the french president francois a lot it's almost a year since he was elected on a scale of one to ten how would you rate him now that it was reported in a country now ten because in order for me to never teams you had to be a political leader has not a political leader is just a technically like mr monti of italy but it means that in fact he's not managing the country is not making decisions it is just following the instructions from the european union has just putting in place austerity which is complete she pretty because a diety destroys the economy and increases unemployment forces factories to move elsewhere and then through the destruction of industries it on the one thing that is happening now is the free trade agreement that is being negotiated with the united states and to put an end to french agriculture this is not his mistake because he is not deciding anything so it is just something vocalisation and applying decisions taken in brussels. so your opinion on france leaving the

european union of the eurozone in the shagun agreement your you haven't changed your mind on those matters oh it sure took it personally cool factor. each day that goes by i believe more in this idea i even asked the french president to organize a big rubber and i mean january twenty fourth change to ask this question to the french people do they want to stay in the europeans any of their do they want to stay with open would do they want to take the risk of having romania and bulgaria in the same hand with the arrival of millions of roma who are attracted by social system that's a very advantageous which is the french system yes or do they want to go on. with trade we want to pull bad economic structures as you would do we want to european rules to be stronger than national laws and i want absolute hungry we decided to change the constitution so that it prioritizes national rights over european rights it's going to crush leave to democracy because again this is the stuff and people

are now the ones deciding not the brussels technocrats well there are those that ask that if you were so against the e.u. why are you a member of the european parliament and in the interest of full disclosure of the e.u. parliament has released the amount of aid that went to various political parties about three hundred sixty thousand euros went to the european alliance for freedom of which you are a member. so notaro yes this is our money it's our money i want to say that this is the least move thing madam fleiss discontents is an m.e.p. for them because someone needs to tell the people of the branch people what is happening is someone has to find wealth as in the system by being as fast as it is it and but when if i was trying to wanted from outside i would have less power when it comes to money that is granted from the european union i want to remind them that result of that money they don't create that money they don't come up with anything this is our money we give twenty women in numerous to the european union

every year and they implemented measure this is destroying our economy and i would social system works you don't have capital in this treatment but there is a part of this money that comes back to all of the pending on the fukushima of the electorate that we represent to this european party of the european alliance for trade in but we do made up of parties of patronage across europe and now when you recently went to the u.k. to join a debate at the university of cambridge there was a demonstration against your visit this was organized by the unite against fascism association to describe you and the national front as being quote unquote deeply racist based organizations such as the f.m. are attempting to take advantage of the economic crisis of the. a sturdy how would you react to these accusations that your military jargon which i imagine there are seventeen thousand students in cambridge all the work one hundred protested and i let you calculate the percentage if the opposition is restricted to this it's rather positive i mean i'm not going to bring in the truth because if you leftists

are trying to stop me from doing that in fact they pretend to be you're a skeptic those leftists but they participate in the system to implement the system they themselves are in favor of immigration when they know that immigration is used to buy was salaries because they're themselves defenders of europe how they always explain that they want a different europe but it is still the european union with those and what is the one come of this is to leave you the defender of a nation the same time before the turn to be free trade and tension is we are a gracious what. are you talking about immigration being used as an economic tool to drive a wages down but doesn't france need more cheap workforce to drive a wage inflation down and also these immigrants who are coming are they really directly competing with skilled workers from france in the muscles of a sick or small object they are. a leisure market as the name implies is a market such so it works with demanded samsara of when they're officially five

million unemployed people is wrong and you legally is that twenty two hundred thousand people in france and it creates more competition when you have ten people going to prison for one jobs then you have no wages when you have to have a job and was half in then it is good to proceed for the impression if you want to know without before that and there is a problem it is people when they write how will they listen when they've done such knowledge solidarity thanks to a system of social protection that is we need and we cannot take a out of all those people who cannot educate their children freely so we cannot bring them healthcare freely cannot provide them with fruity loops and that. you know me and psychological lives already went to the city so when you talk of your concerns on immigration you're talking about economic reasons here economic concerns now obviously not it's not only an economic problem as this is a problem of national unity again as well that people in huge number of people i'm

talking here of legal immigrants we do but there are also illegal immigrants like cats so why do you have three hundred thousand or four hundred thousand people with a different culture a different religion good and different customs this shakes the french sheeple who feels compelled to adapt themselves their lifestyles to a culture that is different from the good that deal let me give you one example for a few years now in our knowledge in school canteen in public administration and food aid the reason and a message that's it why to answer the demands of extremists muslim extremists would put a light on massive immigration to support that claim that off and will even drawn here but we need to move know the rules of qatar and saudi arabia to come to me that's a huge problem so she was imposed on the no let's talk about france's intervention you called a france a going into libya a fall week and you said that in syria the west is quote unquote blindly supporting the opposition and is doing the exact same thing b.

did it libya at this time in secret but when france intervened in mali you were not against it why do you deem this intervention digital meant because she could alter the woman so is my stance as coherent if you will and either you fight against islamic fundamentalism in which case it makes sense to fight in mali but it's not normal to support the same terrorists in libya and in syria when now in a situation where our leaders are completely in my opinion insane the fight on the side of terrorists in libya and syria and the gays the same target and mali this is not here and i mean i am pro here and that is to say i think we should not have supported and given weapons and assisted the. artist and libya who right away impose sharia law after they came to power or that she should not do that and if syria should start this question about relationship with qatar who provides funding to terrorism and fundamentalism throughout the world and indeed it has led to to many to fight this excrete mazen and knowledge.

you know how sometimes you see a story and it seems so. you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture.

victims multiply here each day. it's very profitable to invest in colombia we did very profit out of it is a very high return on investment. you'll know me he said but i've been working in this area for thirty years and i've always had to pay the armed groups that they needed by this the the ministers of change their name and strategy but just tell the same murderous. high ranking suspects you know coming. pretty upset about that mr president as soon as. the president in. both the media. i won't give an interview i'm sorry but no. investigation is it dead. and he says sick stuff 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. from. never heard of such a case as our. goal. for all the gold in colombia. mission. cretaceous three. three. three. three. three. three. three. wealthy british.

find out what's really happening to the global economy. headline news to report. her. pick for president in venezuela. the election a.