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tv   Venture Capital  RT  September 29, 2013 8:29am-8:46am EDT

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from the working class blue collar workers lower educated people are voting for the extreme right of the radical right because of the policies staying put forward like immigration and european integration corruption i guess a politicized in a such so these are the topics that are now days important for those people voting for the radical right across europe there's a time that's turning right ukip is being talked about as the legitimate third party in britain while alternative for germany just missed out on a place in the bundestag norway's conservative government came to power with tough immigration promises and in sweden and finland there's also been gains here in australia euro skeptic right wing parties are gaining support from people who feel that the main issues important to them ons being addressed they might care less i mean it's often we need to slow down immigration i have nothing against foreign us but enough is enough. yeah e.u.
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is saying where the money should go to like and all kind poor countries on it if they're in their own country and the e.u. is jordan's be like john dictate everything that actually us it used to be that opar to put troops interest spruced and the e.u. second now it's only after you. want and. the freedom party of austria have made significant gains in the polls heading into sunday's election. its critics call it xenophobia its leader begs to differ being out of australia i don't have foreignness. even so the party adopted a different campaign tactic than it had done in previous elections their issue hidden in the message about religious values and a sense of talking about love your neighbors which is a very catholic way of talking about issues but of course the hidden message behind was that this is against islam or against muslims also flying the anti euro flying
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is a stroke canadian billionaire frank stronger who come dems the single currency is the road to rack and ruin. we need to stop creating debt every housewife knows that if she spends more money than she earns they'll all land in the parameters most of europe's recent elections of being nailed by it is for politicians desperate to keep their jobs amid limping economies austria is different it's doing relatively fine what's happening here is brussels persistence with bailouts and encroachments on sovereignty has given the far right to come didn't sing the road to beat them with peace or all of a r.t. vienna. or more news ahead including the islanders being booted out by britain and the tatar of the week's top business stories with katie in just met.
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the island is so small the for me it's the center see the center of the universe. on a tiny island the size of a football field in the middle of a lake stanza ruined monastery forty years ago two lovers decided to spend their honeymoon here. they have no idea but the island would change their lives forever but they would change the fate of the island. police never seen anything like this before you begin to cover the holes. in the borders of ice is grown in just one hour and it's only the beginning. of mission free cretaceous a free lunch for chargers free. range mission free. free.
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to try free. download free blog just plug in video for your media project for free video dog r t dot com. i like that we already did that so it's a free international investment for you that happens every day but this is ridiculous but you know that's because everyone is gearing up for the winter olympics that will happen in just one hundred thirty days time from now and today as he we have the olympic torch lit in athens it will make its way to russia for the longest a relay in history make you see just behind me there's been a complete transformation of the sochi since the l.m. pace was announced it just behind me on the ride we've got the stadium. themselves and really the infrastructure this is going it is incredible eighty five percent of
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that region has we totally revamped or 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 are they cross or pretty much definitely gets the prize for expenditure having already spaced out fifty billion dollars over the fifty billion dollars and that's around about four times over budget so how does manage to blow the budget is such a spectacular fashion that one example is the cost of the risky job that what from thirty seven million it to over two hundred fifty million dollars and she was altered and i'm getting this i 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
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canal that was twenty times over budget followed by the sydney opera house as well and i went down to see if i could track down some of these are such investors to see they found getting some money from. me you know right here with me on the card in theory just behind me but the fact is they told nobody they're going to be here and i don't want any questions to do with investing into science here i wonder why i'm going to set up camp here and i'm going to wait for them and see if they ever will appear now i did manage to track down one of the big money spent his hair it's only got a past his company basically they've built all sorts of things including the olympic village it's so good an airport built by them as well as a marina to pretty much half of the complex going on here and i managed to catch up with the deputy general address. to all the company in a us to all they going to be able to make any money on these investment i came
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doing 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 unless of course we will you know we'll be doing that for for 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 this olympic angle and the projects were doing which is an airport 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 the structure you know for example in the seaport you know we have invested over six billion rubles which is roughly two hundred million dollars into
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the project however the government also have built have invested almost acquired some of the same amount of money in order to build the infrastructure support for that and if the return doesn't count the 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 a it's a not a blaming game you know we we're not looking for anyone to blame if we turn doesn't come the government wants to see that investors do complete the obligation and 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 of the first guests for the olympic games to 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 the step forward from the. so i support some subsidies so
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special programs or support so did the investors get their money back ok guys we're now in submission territory we're going to go and see the elliptic village and see where the world famous athletes going to be saying gold medalists like you same bolt for a period privileged people that's going to get out first of all this is going to be a bad term for a nice indeed nice double predicate a gold do they spread their right will soon hit ok kids' bedrooms sorry nice indeed nice toys and cuddly isn't bowls and all sorts as well as that we have gone an office admin you got to be doing it on the right gorgeous at c.v. as well check out the lounge and see what's really happening there in the social room they're going to be relaxing we're going to be tired here we go through a huge so for right k.l. we've got a plasma television we've got candles as well look at this we got some some nice wine don't mind if i ask help myself just here so as i say this is where the athletes will be say but from all over marie people like myself my accommodation
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will no doubt be far more water 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 of wine for just forty rewards which is about thirty cents this one specially bought and well fourteen rubles that's not going to frank your right balance is it. obvious why it's going to build off a bit of an appetite so let's get ourselves so may's ok go for us to save up ok one hundred fifty rubles so that's around five dollars there for you say a bit mate lovely. so we're now in a taxi it's around a ten minute journey says find out how much that's going to set you back still cost . around dollars for a taxi ride around ten minutes time. this is my room it's an average a three star room that's going to set you back around one hundred twenty us dollars
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that price will double come february during the games as you can see is quite basic she sighed k.z. and i said i spoke to the head of the radisson blu hotels he's also in charge of the paul ince as well much as him was going to happen to sort she would all the athletes go home will this city become a boss who is this nation all it being. we have all the infrastructure and now. it's a modern in many ways and from fabulous venue where growth. etc can be. now how do you sell it. and that's where you need to be. but this cannot be done by any individual. because they're competing against. the best the nation has to be sold through a convention and sure we're all on the boat when it comes to say visas and take.
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those to getting people to come to sochi because. for example moscow is sort. he which is now more expensive often going to paris or london. the other thing is of course that is more forty because the potential pool of foreign tourism is there to. be go up that road. but sochi remains to be domestic destination what kind of person is going to come to such a is it going to be say the call center yes. and. you know do the russian middle class is becoming very very low because it's grown dramatically over the last ten years so to have four. hundred. forty million nation where. when you
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when you count household some sixty percent are considered to be in the middle. class of meaning medium. income to the family of some twenty over twenty thousand dollars. so the market is. and. it has already brad as a destination. he 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 so a huge positive. well before we get in to the portfolio at all i have to say that you're not allowed to leave moscow anymore 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 potage wars and euro kelly and i have fallen victim to the said the potage wars in
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fact i got involved because it was rallying it showed some promise it looked like it was on an upswing with a lot of. 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 budget basically or my entire portfolio is 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 and you're talking about the olympics i'm inspired to think 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 into spirit bank because they've invested billions in
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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 if you keep saving up like that and you have moolah enough money to cover here. and to do it for yourselves the lights so when it comes to the sochi olympics yes there's been an abundance of activity fail is most notably it has to be things made it greece is. that i cannot make a challenge but the house with some successes as well as have staked out but also one of the sort and it's too early to say why so she is going to fit into all of this that said now you don't want i'm off today and see if i can seek out some more about.
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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 year and not their whole lives so to live in one thousand six the 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 parent i have 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 his.

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