to build a. mission to teach me. to speak for language. from the top spots of the interviews intriguing story. and try. because it.

hello there we're all kinds of education so we are indeed on the road this week we are filmy problems and pieces berg of the g. twenty summit of course are right now i stood on the peter paul fortress that was built in seventy three it's named after peter the great himself but that's the history lesson over with that happened three hundred years ago but right now going to cause a drought what's happened in the last few days because it's certainly been a busy two days out so sure and there was a fear that syria would completely dominate the proceedings to some extent that did happen but it didn't completely have a tape there was plenty of business going on to we had the topics of tax evasion and offshore accounts as well as that job creation unemployment and the bric development bank now i want to catch up with the chief of the international monetary fund christine lagarde michael her take on the current state of the global economy. and president putin mentioned the risk of

a sharp crises relapse what's been done to prevent that situation. well clearly the focus by the russian presidency on jobs growth. and long term financing we're very world. believes rallied to rome to common objectives sustainable growth. appropriate fiscal consolidation as well as the creation of jobs and a group stuck to his inclusive so that's. we hope conducive to addressing the crisis risks going forward and what about monetary stimulus do you think these measures have run their course and it simply doesn't work that we need pain in the short term in order. 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 us 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 as i would say that they have worked alone it's a question of how they are 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 proceedings she just go to work america the world economy its current state can be characterized as being on life support for its vital functions are being kept running by the federal reserve the european central bank and other banks by constant cash and directions 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 in the world's 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 it was no surprise then that the events of the a merging or con is money hugh come together and actually unite themselves i'm talking about the brics brazil russia india china south africa to lay the groundwork for their bridges development now this bank will have initial reserves of a hundred billion dollars the brics bank is set to rival the world bank in the i that china will contribute forty one billion dollars with russia india and brazil eighteen billion dollars eight and something. five billion the russian president uses states to explain why the bank is necessary.

we hope this bank will increase the stability of the global economic system which unfortunately is not always predictable depends on a few financial centers and reserve currencies. i call it so way that carol to me chad he's the c.e.o. of ross's direct investment fund so like all his ideas so what he felt about the new brake 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 african will being for example you said development bank in russia very successful showing example for how you can really grow infrastructure and grow 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 to many countries working together to me process very easy and how decisions are being made so i think it 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 many should so for example there's already a world bank and i.m.f. and budget was institutions so i was going to be separate there was 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 list of twenty countries or the emerging markets so there are many issues that i think that's going to be discussed which we believe is actually a less complex way or for dress and some of those issues is doing bilateral agreements so for example we create the joint sponsor with china that would create at the joint fund with friends in the united arab emirates and we believe some of those joint sponsor efforts by actual so a good way for address things because it's simply in decision making for them and would you say with the climate at the nine the imagined kind of fight they face the amount of time a more important effort to really take on with a strike and get a nation well i think that may be but then for other things it 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 i think developmental bank is part of the solution but really the biggest solution is focus on infrastructure investing ensuring that we invest in our future and the whole world faces six to trillion dollar of infrastructure needs until two thousand and fourteen with the refund this money how do you find this capital developmental big may be part of the solution but definitely the mold is a complete solution and with much of europe's unemployment now at rest code high jobs creation became another topic of discussion before i asked alexander sure hand the president of the russian union of industrialists and finance what measures are

needed to put more people into was part of our commendations 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 to go see because normally goes with the new jobs and just also i want to ask you about boxes on my neck because russia is obviously maybe in a more enviable position when talking about job creation and unemployment would you say that when you compare it to the likes of the euro zone to you know what is and was euro zone we have really an signature of. a lot of women to use about five percent but. in the same thing. in this country we have very huge wake of qualified workers and this work is the main obstacle for economic growth. all right now i might be instant

pieces by my bed but i'm not letting mrs so and thomas all the hurricane is a house and that's he has ten thousand us dollars or at least he did when we first started out so 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 week well 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 very 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 all 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 per cent 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 k.t. 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 raw. snap

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 in moscow in the studio half an hour's time for me to say goodbye from here in some pieces but i'll see you next week different place but same time says see that. wealthy british style it's time to. go. to. market why not. find out what's really happening to the global economy is

a report on our. i know c.n.n. the m s m b c news have taken some slightly but the fact is i admire their commitment to cover all sides of the story just in case one of them happens to be. that was funny but it's closer to the truth and might think. it's because one whole attention and the mainstream media works side by side the joke is actually on we're going to be ok. and our teen years we have to print pretty. good because the news of the world just is not this funny i'm not laughing dammit i'm not i look. at. you guys sort of the jokes well handled in the sense that i've got

a. they're hunting down as terrorists they hide in the woods and prepare to become suicide bombers for only the most still believe these young men can be saved. no you've gotten so fen. the mothers won't sleep at night they'll follow their sons into the woods find them and return them to a peaceful life they killed almost everybody. had been able to take him away from them maybe that was by chance. how does it feel to be a terrorist mother homicide if you have even the slightest chance to come home. my son takes terrorist on r.t. . me is he.

well as 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 it will store it is can bring in a state of emergency though to the new guns rules of nato secret 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 like like sheep and. if you're told you're ashamed and you're being moved by by a 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 does it's not we're bigger than watergate the f.b.i. is than this cycle's us shooting al qaeda leaders up to two thousand and one and reports that it was today still on.