tv Venture Capital RT September 8, 2013 8:29pm-8:46pm EDT
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the father of the nation who bought south africa back from an almost certain civil war has seen his own family descend into bitter fighting within itself policy r.t. johannesburg south africa. coming up most of all to his venture capital program meets international monetary fund chief christine the god that's just off the break . if your house such persuasive sound of evidence and prove that submitted to the united nations submitted to the security council last the world decide this issue rather than iraq tacitly endorsing which i think is what you are doing and the proposed a unilateral strikes by the united states why do we not present evidence to the un security council in the series a question you can't be serious you know you're obviously you're russia today you
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hello there we're all kinds of education so we are indeed on the road this week we are filming problems that petersburg of the g. twenty summit of course of 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 two days because it's certainly been a busy two days at sea shore and there was a fear that syria would completely dominate the proceedings here but to some extent that did happen but it didn't completely habitate there was plenty of business going on to we have the topics of tax evasion and offshore accounts as well as up job creation unemployment and the bric development bank now i want to catch up with the chief of the international monetary fund christine the garden i call her take on the current state of the global economy. and president putin mentioned the risk of
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a sharp crisis relapse 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 world objectives and i believe rallied the leaders around common objectives sustainable growth. appropriate fiscal consolidation as well as the creation of jobs and the group is inclusive so that's certainly your we hope conducive to addressing the crisis risks going forward and what about monetary stimulus if you think these measures have run their course and there is 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 as as they are at the moment despite the.
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you know fiscal. policies that are 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 or tapered in such a way that it continues to work without producing negative spillovers that could not be addressed now i can start 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 is she just going to work on 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
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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 and it was no surprise then that at the event the a merging icon is money huge come together and actually unite themselves i'm talking about the brics brazil russia india china south africa. lay the groundwork for their bridges because of development banks now this bank will have initial reserves of one 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 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
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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 fund so like all his ideas so what he felt about the new break development bank in the complex it says that it may have very 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 bank for you know g. twenty how bulletin board is it to many countries working together to me process very easy and how decisions are being 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
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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 how's that going to be separate there is a question of how decisions are going to be made there is a question for is this bank is going to be focused its efforts is it equally on those afraid to come faced with emerging markets so there are many issues that they think are going to be discussed which we believe is actually less complex way or for dress and some of those the shoes is doing bilateral agreements so for example we created the joint sponsor with china that would create at the joint sponsor with friends and united arab emirates and we believe some of those joint bond efforts i actually saw a good way to put dressings because it's simply in decision making firms and would you say with the climate at the moment with the imagined economy might you say stacey about the timing more important than ever to really take conway face bank and get it nice and well i think it may be but then for other things that can be
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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 go lower growth will go up by three percent and we have some specific ideas i think developmental bank is part of the solution that's really big a solution is focused 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 you find this capital developmental big may be part of the solution but definitely committed 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 before i asked alexander sure head the president of the russian union of industrialist and bananas what measures are needed to put more people into was part of the howard communications related to
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his job creations we believe that flexible labor market. will for labor force indications to use them must be improved where to try to please just you know do you see an economic growth in the new jobs and just also i want to ask you about process 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 to you know what isn't as eurozone we have really an situation. a lot of time it was about five percent but. in the same thing. in this country we have very huge qualified workers and this work is the main obstacle for economic growth.
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all right now i might be instant pieces by my bed but i'm not letting this is so i'm thomas all the huggy is a house and that's he has ten thousand us dollars or at least the days when we first started out with a step process just say 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 still cause you really think you sell on give me tea towels 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 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
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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 it 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 air flight industry that only went up one percent i'm going to stay with oil and energy specifically with her.
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sniffed and try and maybe diversify just a little bit going to gazprom as well and that way i can you know kind of try my luck thank you so looking forward to chatting with you next week and i'll be back a month stay in this g.t.a. i thought now it's time for me to say goodbye from here in some pieces that i'll see you next week different place the same times to see that. fans of the shock to your football club and kind of going to kazakhstan believe that a certain special ritual help them achieve victory against the world famous scottish team celtic this ritual was sacrificing his sheep at the stadium as someone who
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lives in kazakhstan for two years i know there's a real meat eating country with deeply rooted traditions in life stuck racing so this news is unusual but maybe it's not completely bizarre for the culture of course defenders of animal rights who don't seem to realize that the sheep would be turned into people of the next few days anyways demanded that you a full officials punish the shock to a club for the actions of individual fans this is the same logic as if someone wearing a sixty two kirby t. shirt went around robbing liquor stores i am not responsible for the actions of people like this program and it's not like i'd ever advocate robbing liquor stores and i doubt the shocked your management secretly arranged for fans to slaughter the sheep at the stadium when the slaughter of animals is acceptable to you or not well that's one thing but we don't need to regulate the morality of individuals in other countries via soccer especially if that regulation means punishing the football clubs who are responsible for the actions of individuals but that's just my opinion .
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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 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 fact organized by the cia and the white house operation
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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 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 is cycles us shielding al qaeda.
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