unemployment and the break development bank now i see catch up with the chief of the international monetary fund christine legarde and i caught her take on the current state of the global economy. larry you know me and president putin mentioned the brisk the sharp crisis really laughs what's been done to prevent that situation. well clearly the focus by the russian presidency on jobs and growth and long term financing were very worldcom objectives and i believe that it rallied the leaders around common objectives sustainable growth combined with appropriately paced fiscal consolidation as well as the creation of jobs and a group that is inclusive so that that's certainly we hope conducive to addressing the crisis risks going forward and what about monetary stimulus q think that these measures have run their course and they simply doesn't work that we need pain in

the short term in order for healthier what would you say that the monetary policy doesn't work because we believe that it does hard to free positive effects and certainly seeing the u.s. economy and the japanese economy pick up as as they are at the moment despite the. you know fiscal. policies that door in place and that we would like to see improved a bit so no i wouldn't say that they have not worked us and i would say that they have worked i know it's a question of how they or tapered in such a way that it continues to work without producing negative spillovers that could not be addressed now i managed to catch up with one of the most respected people out there for about the former finance minister of russia alexei could today and he had a completely different take on the proceeding as she just got to work america the world economy its current state can be characterized as being on life support or usual. it's vital functions are being kept running by the federal reserve the

european central bank and other banks by constant cash interactions this should only be temporary if a sick man goes through treatment and it doesn't help there's no point continuing it is an ongoing effort now to buy time for reforms and changes but this will end and the world economies will be left to stand on their own feet which countries economies will be able to stand and which ones won't remains to be seen. now and it was no surprise then that at the event the emerging economies money huge come together and actually unite themselves i'm talking about the breaks brazil russia india china south africa they've. laid the groundwork for that. now this bank will have initial reserves of one hundred billion dollars the brics bank is set to rival the world bank and the i that china will contribute forty one billion dollars with russia india and brazil eighteen billion dollars and south

africa five billion russian president uses states to explain why the bank is necessary if. we hope this will increase the stability of the global economic system which unfortunately is not always predictable and depends on a few financial centers and reserve currencies. i call it south way that carol to me chad he's the c.e.o. of ross's direct investment funds and like all his ideas so what he felt about the knee break development bank in the complex it says that it may have a different models there is a model of different countries having different developmental banks and the other kind of thing for example is said development bank in russia very successful showing example for how you can really grow the infrastructure and grow the elements but have a developmental base the question is still open about development being for you know g.

twenty how will it work is it too many countries working together to me process very easy and how decisions have been made so i think there will be discussions during meetings that will address some of those issues and what are the main issues that we think location and he's going to be in charge of providing all of that you see to be defined as well as are maneesha so for example there is already a world bank and i.m.f. and budget was institutions so i was going to be separate there is a question of how decisions are going to be made there is a question of where is this bank is going to be focused its efforts is it equally on the lives of thousands of countries or the emerging markets those are main issues that i think is going to be discussed which we believe it's actually less complex whale for dress and some of those issues is going bilateral agreements so for example we create a joint sponsor with china that would create at the joint sponsor with friends and united arab emirates and we believe some of those joint sponsor efforts by actual so a good way to address things because it's simply in decision making for them and would

you say with the climb at the moment with the imagine twenty five they take the amount of timing more important than ever to really kick on with a spanking get it nice and well i think maybe but those are other things that can be done for example we have proposals of plans that include three simple steps reduce restrictions on capital flows encourage private capital to go into infrastructure. make infrastructure investment more efficient if you do those three things we believe will to lower growth will go up by three percent and we have some specific ideas so i think developmental bank is part of the solution but really the biggest solution is focus on infrastructure investing ensuring that we invest in the future of the whole world faces six to trillion dollar of infrastructure needs until two thousand and fourteen with the refund this money how do we find this capital developmental big may be part of the solution but definitely the mode was a complete solution to this and with much of europe's unemployment now at rest code

high jobs creation became another topic of discussion at the forum i asked alexander shoreham the president of the russian union of industrialists and canaries what measures are needed to put more people into was part of the howard communications related to his job creations we believe that flexible labor market. bill for labor force indications to use them must be improved where to try to please just you know do you see an economic growth if we see a new job soon i just also want to ask you about russia's unemployment because russia is obviously maybe in a more enviable position when talking about job creation and unemployment would you say that when you compare slice of the euro zone and say you know what is and was euro zone we have really an situation. a lot of. about five percent but. in the same thing. in this country we have very

huge wake of qualified workers and this workers the main obstacle for economic growth. all right now i might be instant pieces by my bed but i'm not letting this is so i'm thomas all the hurricanes in house and that he has ten thousand us dollars or at least the days when we first started out with a step process to save for a month the guy let's take it was so now high so inside tell me what if you've been up see this we will stocks you really think you sell on good meaty townsell even up . as soon as you left for st petersburg everything in moscow became grey and cold and rainy so that's the bad news is you need to come back here so that it warms things back up kind of tricky there now here's the good news it's the good news is that remember last week we're talking about oil specifically ross next well while

oil in fact this is this is crazy immediately after i made that decision and invested in oil i went home and i was all happy about that and then i heard news that because the u.k. decided not to go into war in syria that the oil prices actually dropped and stabilized which is not good for news for me it's good news for syria but it's not good news for me trying to make money but despite that rosneft inexplicably gained six percent so i was able to make some money there also i kept a little bit in on this idea that aeroflot budget carrier is going to catch on that went up one percent so overall katie pilbeam i have gained so now ok i went from eight thousand eight hundred twenty five added five hundred forty seven dollars to that now i'm standing at my grand total nine thousand three hundred seventy two dollars and fifteen cents also i'm hearing from the new standpoint that china and russia are making movements towards this gas pipeline between the two

countries so the energies is a way to go so i'm going to basically get out of the arafat industry that only went up one percent i'm going to stay with oil and energy specifically with her. it's nafta and try and maybe diversify just a little bit going to gazprom as well in that way i can you know kind of try my luck thank you so looking forward to chatting with you next week when i'll be back a milestone in this g i thought now it's time for me to say goodbye from here in some pieces but i'll see you next week different place same times to see that. plane.

they were ready to do anything for their country to me is to love the country more than yourself if you join the military for any other reason that you're probably not to have a good day they were tools in the hands of the state now they live remembering the past which is impossible to get rid of. the war. but however good people do get hurt. and i've heard good people empty silent. a lot. but would prefer not to be sometimes i feel like.

i should have died over there. because i. i saw some people who died in. the air is cheaper than tariff. on our. right to see. first street. and i would think the church. only foreigners twitter. and instagram. could be in the know. on. the bible says many times the goal is the father of a. i'm sure he told me to say these

children. because i escaped from the orphanage that you know in times he just close i fell nobody needed me that. my fella pilgrims' pasta. my dad is probably the kindest soul in the world. he can't abandon the child he knows that they wouldn't survive so he injurious to the end. dream can be summed up in just a few what's russia and the world was no wolf and when i want any children to wake up in orphanages firmly believe that the parents out there every child spitta my goals. ok. i david crockett welcome you to ted you're all

a virgin it's a little island in the middle of the chesapeake bay on the virginia shod. county. pay and you're all in the chesapeake bay probably one of the best there isn't a phone call fred. and your island before the channel was cut for zero zero zero here. way up there. as go all. right here are some of the headstones from graves that for you this is a fruit. that's what we don't want happen to change your all and we want to get some protection and make sure that we don't go into the chesapeake bay like uppers did in other communities.

one of the new bush will top officials say the white house is behind the terrorism of the population and new evidence from nine eleven coming on. whistleblowers a leak in u.s. talks with the head of al qaida. the world trade center and is shown on times square and is the father of a twin towers victim tells us about being attacked by mainstream media. decades of terror against their own population blamed on extremists is actually been funded and planned by the white house top level officials in the government and the cia and the campaign known as gladio is cool but former cia head bill colby

a quote major operation in sworn testimony one of the conspirators confessed you have to attack civilians the people we mean children far removed from any political game so storage fees can bring in a state of emergency though to the new guns rules of nato secret armies thanks very much indeed for coming on so mainstream media don't report this but it is now on the record and officially documented their cases of terror attacks against their own population are five organized by the cia and the white house operation northwoods with evidence of operation gladio we have to date are now available and then the people understand that this exists but they still have a psychological moment when they have a hard time to believe that it still goes on because it's bad news you know it basically means that terrorism can be manipulated in order to in order to move people around light like sheep read it and. if you're told you're ashamed and

you're being moved by false flag terrorism i mean this is really something you don't want to hear you know we keep finding this term strategy of tension by the white house what does it mean strategy of tension actually means that you blow up a bomb and say your enemy did what we do have evidence that this strategy of tension goes on it's not we're bigger than watergate the f.b.i. . calls us shielding al qaeda leaders up to two thousand and one and reports veterans today still ongoing every i whistle blowers sibel edmonds is exposed to quote innumerable regular meetings between u.s. representatives and been. now head of al qaeda. were here eight leading up to september two thousand and one july two thousand and one and closing in on the nine eleven plotters were thrown off the case and threatened with prosecutor.