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tv   Venture Capital  RT  September 29, 2013 4:29am-4:46am EDT

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they lead very hard to make going to lead longer a plug that has sex with the earth make their lives let's listen. listen to the i'm led listen to. a.
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hello there we are indeed and at the start she of the international investment for it happens every year but this it is ridiculous but you know and that's because everyone is gearing up for the winter olympics that will happen in just a hundred and thirty days time from now and today actually we have the olympic torch lit in athens it will make its way to russia for the longest to relate in history make you see just behind me there's been a complete transformation of assault she asked since the elim pace was announced it just behind me on the ride we've got the stadiums themselves and really begin to structure this is going it is incredible eighty five percent of the region has we totally revamped built from scratch i'm talking roads route ways tunnels gas pipelines you name it and luckily for russia there's an abundance of russian billionaires that are willing to foot the bill and although we get to witness any loses in the games themselves i think prosser pretty much definitely gets the prize
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for expenditure having already splashed out fifty billion dollars over the fifty billion dollars and that's around about four times over a bunch so how does manage to blow the budget is such a spectacular question that one example is the cost of the risky job that what from thirty seven million it to over two hundred fifty million dollars actually resulted in the man getting the side he got pushed over the mountain as a result of that one and it's not just so it's been a complete budget a bailout there's been plenty of other examples as well that most notably the suez canal that was twenty times over budget was followed by the sydney opera house as you well know i went down to see if i could track down some of these are such investors to see if they found getting some money. you know you might hear we told you on the ground in secret just one time me about the fact is they told nobody they're going to be here and i don't want any kind susie do with
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investing in tinsel shit i want a wife i'm going to set up camp here and i'm going to wait to see if they ever will hear that i did manage to track down one of the big money spent his hair it's only got a past his company basic they don't also the things including the olympic village is so look at an apple built by them as well as a marina to pretty much half of the complex a gang on hand i managed to catch up with the deputy general i dread to all the company us to only going to be able to make any money on these investment i can join right now but i enjoy ellison from basic element out we're going to be talking just now about your project here we know we've got the olympic village that we're now working through i've been working on the airport refurbishing it as well as the marina to a total cost of one point four billion dollars i believe are you going to get your money back on this of course we will you know we'd be doing the for for
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a long time you know we've been involved in different infrastructure projects and this one is very special you know and of course it's very special because it has the skill and the angle and the projects were doing which is in airports olympic village and the marina you know they're not just commercial projects per se they also have this social and olympic angle it's kind of a p.p.p. type projects you know the public private partnership thing where the government is helping us a lot with infrastructure you know for example in the seaports you know we have invested over six billion rubles which is roughly two hundred million dollars into the project however the government also have to have invested almost squired some of the same amount of money in order to build the infrastructure support for that and if there is. town doesn't count. argument's sake do you think there's going to be some punishment that he's going to beat. you know i don't think it's
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a lot of blaming you know we're not looking for anyone to blame if we turn doesn't come the government wants to see that investors do complete deal but occasionally you see here you know you know the olympic village you know this nice building is already standing ready to you know except a few defer skilless for the olympic games the port is there so i think when the government says the investors have completed the obligations they will be very willing to you know make a step forward from beer side and support some subsidies so special programs or support sold it to investors get their money back ok guys we now it's a bit in territory we're going to go and see the elim take village room see where the world famous athletes going to be saying gold medalists like you same bolt for a period privileged people site that's going to take you out first of all this is going to be a bedroom for a nice date nice double predicate a gold do a spread there right will soon hit ok kids' bedrooms sorry nice indeed nice toys
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and cuddly isn't bolzan also knows as well as we have gone and all face admin you've got to be doing it on the right who are just at fever as well check out the lounge and see what's really happening there in the social we're going to be relaxing we're going to be tired here we go through a huge so you for right k.l. we've got a plasma television we've got candles as well look at this with some some nice wine don't mind if i ask help myself just hit so as i say this is where the athletes will be say buffalo older marry people like myself my accommodation will no doubt be fall will want us to spend our. now for those of you who don't have a gold medalist a budget and you can come hits this one job you can pick out a couple why just forty rubles which is about thirty cents this one specially fast and well fourteen rubles that's not going to bring your right balance is it.
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on this why it's going to build up a bit of an appetite so let's get ourselves so maybe it's ok skulk on specific one hundred fifty variables so that's around five dollars there for just a bit mate lovely. so we're now in a taxi it's around about a ten minute journey since find out how much that is to say that it still cost. around dollars for a taxi ride around ten minutes time. this is my room it's an average a three star and that's going to set you back around one hundred twenty us dollars that price will double come during the games as you can see is quite basic but she's pretty cozy and i said i spoke to the head of the radisson blu hotels he's also in charge of the park ins as well my system was going to happen to sort she would all the things go home will the city become a boss who is a summation all it be and. we have all the infrastructure in. you to
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modern in many ways and from fabulous venue where growth. in etc can be you know. now how do you sell it. and that's where you need to be you think. this cannot be done by the individual. because they are competing against. the best the nation has to be sold through a convention and tour of europe. what about when it comes to say visas and i take is that these big hurdles to getting people to come to sochi because you know. for example moscow is sort. which is now more expensive ofen going to paris or london. the other thing is of course that it's more for the because the potential for foreign tourism is that too. big off the road. but
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sochi remains to be domestic destination what kind of person is going to come to such a is it going to be say the middle call center. and. you know do the russian middle class is becoming very very. grown dramatically over the last ten years. or so to have four. hundred. forty million nation where now when you when you count households some sixty percent are considered to be in the middle. class the meaning of medium. income to the family of some twenty over twenty thousand dollars. so the market is. a big name it has already the brat
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activist in the. one person who doesn't need to worry about money is so because he's got ten thousand u.s. dollars to let's check in at the headquarters of all skin see what he's been up to show you in positive territory. well before we get in to the portfolio at all i have to say that you're not allowed to leave moscow any more when you were just st petersburg it became cold rainy and gross here now you've gone to sochi and the weather is probably wonderful there but here it's too cold but let's get to the portfolio this is what you really want to know about last week we talked about the photo wars and your old kelly and i have fallen victim to the said the potage wars in fact i got involved because it was rallying it showed some promise it looked like it was on an upswing with a lot. movement happening here china even getting involved but now i touched it and that seems to be the touch of death it went down one percent so this week not doing very well down overall one hundred twenty three dollars for the week the entire
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budget basically or my entire portfolio down from nine thousand three hundred forty dollars of the original ten thousand i need to do something to make this happen now you're in sochi you're talking about the olympics i'm inspired the thing about sochi is that you know the weather's great it's a good location what about investing in tourism unfortunately i can't do that can i i'm going to look into companies that are like possibly helping out the sochi venture in this case i haven't gotten involved in the financials yet so i'm going all in this week we're moving in despair about because they've invested billions in the infrastructure in sochi so i kind of feel like i'll be doing my part in helping the olympics in the movement there and trying to make a little bit money back because look down i need to get above that ten thousand because otherwise what else we could all right so you keep saving up and you have moolah enough money to calm here she added do it be it sounds so when it comes to
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the sochi olympics yes there's been abundance of activity fail is most notably it has to be inseminated greece is. that i cannot make a challenge but i must be some successes as well as have staked out boston i know so and it's all too early to say why so she is going to stay in to and if they that's that now you don't want i'm off to go and see if i can seek out some more about. the macmillan family in canada has decided to defy time itself and keep their family trapped in one thousand nine hundred six sort of like new age only for one
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year and not their whole lives so to live in one nine hundred sixty family forbids the use of any technology developed after the mid eighty's they want their children to experience the world they grew up in when you had to read books and if you're outside no one could call you and there were no tablet computers to stupefy children at a moment's notice as a paradigm some sympathy with this idea because i like all of you have seen that technology is dumbing us down a lot i mean how often do you have to memorize a phone number nowadays and we've all seen bad parents just sit their kids in front of the technology and ignore them to chat on facebook about what they saw on netflix but on the other hand for the first time in human history you have the power of knowledge at your fingertips there is an instructional video to do anything you want on you tube and getting basic information on any scientific or historical topic is one click away if you find the idea of the self-made man romantic the now is your time because anyone who has the will to learn can learn you know i don't come from money without the internet i would definitely not have this job and i'd probably be worshipping at the feet of rush limbaugh deluded by
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the mainstream media modern technology can make your mind with information or break it with cat videos and dumb trendiness but that's up to you and this is just my opinion. well. it's technology innovations all the developments around russia. the future covered. wealthy british scientists it's time to retire the front. end of the. market why not. find out what's really happening to the global economy is a report. they would argue. somewhat softer approach towards the
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taliban if you want to have political solution the most creates the conditions for reaching to kill solution and if we use. conditions to enable. you to tell a bomb to to please to be a part of political solution. to .
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this is aussie's we can use would be welcome back to the program the russian soyuz rocket successfully carried three new crew members to the international space station this week alongside the usual scientific duties we also have a unique mission to complete full scope now or false. on board are two russian cosmonauts by the names of all a culture of he's the commander and surrogate resigns along with american astronauts michael hopkins now culture has been to space before in two thousand and seven and two thousand and nine but for reasons can hawkins this is their very first time meaning that it is a relatively inexperienced crew was done both are going to be carrying out the usual right of scientific and medical experiments because they are two of the crew members on.

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