thank you with all correspondence in washington. mall twenty thirteen another says he has check in with perry on boring his in washington for us a pan tell us twenty thirteen. bickering is definitely the financial winner in the united states started the year at about thirteen dollars and peaked at twelve hundred additionally congress held hearings on virtual currencies last month were federal regulatory officials recognized the benefits a big coin closing the year on a very positive note anyone invested in the virtual currency did very well and twenty thirteen the biggest loser this year is the middle class this year alone at their quantitative easing the federal reserve spent about a trillion dollars in bond purchases which is devaluing the u.s. dollar and of course it's also hander's the country's reputation on the world stage and helped lead to the talks of a possible debt default during the partial government shutdown anyone on a fixed income has been negatively affected by the fads and place unary policies

parea in washington for us we're not going to cross the pond and check in with mr p. to all of our european correspondent to tell us how his twenty treated you're looking at the food business at the end of twenty thirteen in the eurozone and things can look quite russi it. all does appear to be across all of the nations in the monetary union however when you look at it of the nation by nation basis you see that's not the case that is clear when is unclear looses when it comes to wit is the right here in germany both large and small scale manufacturers have seen increases in the old and the old as they are receiving particular when it comes to the old sloth of industry that's code for asian markets they'd be in particular because when you look at the loses though just across the border into france the eurozone second biggest economy well they've seen steady truck should all the.

business say this of the mature to be a worry heading into twenty fourteen and on to the still serious economic problems in countries like greece spain and portugal and the end of year report really reads good work germany but the rest of you need to do better oh new year warning there for mr page to all of our reporting from just so let's now go next door on the map and join alexy our chefs he's been covering the events in kiev the trade will situation ever since i saw alexei twenty thirteen has seen ukraine pushed into the global spotlight but for all the wrong ways as could you summarize the country's situation they see it for us. well in a van burnam early december it seemed that ukraine would be a big time loser this year canonically the country's economy was in a pretty fold state trade relations with russia folded which seriously affected the economic situation in the country all add that to a huge external debt of more than one hundred thirty six billion dollars it was

cited as the main reason why give did not sign the euro so sation deal fearing that the country's economy might bludgeon to further abyss all that caused the massive unrest the blockade of governmental buildings and that's why the budget for twenty fourteen could not have been passed for a some time but two weeks before new year the president to call which went to moscow and signed several agreements moscow promised to invest fifteen billion dollars into ukrainian bonds and eventually the budget has been passed and we can say that at the end of the ukraine might eventually turn out to be winners economically especially comparing to the situation in september and in the summer alexei yes yes the report saying in kiev for us rocking out twenty thirteen for ukraine look at them now arrive back in moscow eagle place can offer is to tell us what russia has achieved and what the country didn't manage to achieve in twenty thirteen eagle far away. well it's been

a year of broken illusions for russia sort of with optimism though with the government talking about an annual growth rate of five percent but then it was taken down to just one point four percent this year so what went wrong was simply russia is no longer immune to the global slow which means there is a weaker demand for russian export or domestic demand has been weak as well and investment recovery hasn't happened while promises for an infrastructure all remain just that promises but it's not all that bad at all the positive side rushes campaign against corruption has made progress in an effort to tackle offshore accounts bureaucrats were banned from possessing bank accounts of broad also the government is talking about introducing stricter penalties for firms of voiding domestic taxes thirty russian banks were shut down since they couldn't meet their new quality standards so an overall growth has been the loser but the winner has been russia's ongoing campaign against corruption you go there reporting it from

moscow as you can see just outside the kremlin and saying with russia that the biggest winner personified for twenty thirty you must mikhail khodorkovsky once russia's richest man he was pardoned by president vladimir putin now the oil tycoon the former u.k.'s oil company chief spent ten years in prison for economic crimes including oil embezzlement but was freed on humanitarian reasons as his mother and this was putin's final much in twenty thirteen to improve the investment climate in russia the theme of anti corruption greed of law ongoing now moving on the saxo bank house released its annual outrageous predictions for the year ahead and these are the ones i think the most outrageous because there were ten inches or so i've picked five out so easy wealth tax harold to return a soviet style a con of a us the first one so with growth still pretty flat well taxes have paid. people with savings over one hundred thousand euros will be inforced in

a move towards equality for all their. alliance will become the largest group in parliament yes so well you don't need me to tell you that this would mean that political and economic turmoil and perhaps the end of the union. is the tx fact five wake up to a nasty hangover in twenty four t. so with the huge wealth of amazon netflix twitter pandora media yelp could this be . brant crude drops to a c dollars a barrel that produces a fail to respond this would be a disaster for russia now all thanks to the non-conventional methods and increased saudi arabian as well and then the fifth one i chose i'm probably in my opinion is the most outrageous i was most shocked by this one in particular so you're a powerhouse germany in recession what you have shocking stuff by let's get

straight to saxo bank chief economist right now steyn jacobson to shed some light on these scenarios and i want to start and ask you about the e.u. a wealth tax what's all about what's the likelihood of this happening. thing is very likely it's already been tabled by the i.m.f. . as an aid to cation of what is needed in europe in europe needs of course as we also saw with the bangin deal this week is to secure a certain amount of funds that can be used to recapitalize the banking system and also paul did we get nations so mean the european economy has moved pretty much to almost to a soviet style khana me with planned economy and i think this will be the final straw confiscating wealth from europeans so if you've got money high debt and moving on and c.e.o.

alliance will become the largest group in parliament now this is not kids and the union completely. yes it's what you've probably noticed is that in the in england in the u.k. the u.k.i.p. party u.k. independent party is now bigger than the tories exactly this european parliamentary election similar in france movie le pen is having strong we need to her cells and the far right in holland which also represent d.n.a. in she is also doing justina roles in polls so by end of may we could have a situation potentially where the biggest or the second biggest fraction of the european parliament would lead the n.t. a vote which runs contrary to what the e.u. commission and most of the politicians once of course because they want more europe not less but it seems like the voters one is exactly the opposite to certainly one less europe not more so who am i got the text five wake up sanaa still hangover

in twenty forty because i've had a great year. yeah they had a phenomenal year and it's what is interesting is that we're not actually saying the technology is expensive where we are saying is that these names which is household names the names that people recognize the people use are the ones are the bigger risk of the bigger risk comes from the fact that when they buy technology they tend to buy what they do know and that's for sure trying to point out so take amazon the c.e.o. basis may be the most brilliant businessmen in the world but they do not justify that you prefer a hundred dollars for every one dollar of a profit the the company generate is simply got to expenses or in the language of language you just used to fat. and listen this was particularly worrying the next one the eighty dollars a barrel for the crude oil because obviously i'm talking to you from moscow here and eighty dependent class stocks people could be sweating all over the place

what's going to happen that's quite worrying. it is but if you think about it it's actually quite logical because already right now in the w t i the u.s. space production easy extremely cheap and trading at a discount of fifteen to twenty dollars from the brenda oil but if we look at the brendel itself of course the bigger risk or the positive risk if you think it geopolitical is steady rain comes on line in terms of production again on top of that you have libya you have a summit number of the other countries that all of the past couple of years has seen a much smaller production relatively if they do come on line and that the same time as i do expect a slightly we get global growth if you have almost a perfect storm in terms of the price and as you correctly say there will be a challenge to not only russia but certainly to most of the middle east absolutely what's in that month or so now this one for may was my personal most outrageous one

. in recession what's out because they've done very well this is the powerhouse of year out that's scary. it is but it is again i don't thing is that farfetched do not forget that the reason why you're a bad certainly germany did so well fearing through this crisis is the simple fact that the merchant decided to ramp up their investments all the way up to a significant part of the g.d.p. so they overly invested a lot of that investment they do do of course is german costs german production and then at the same time at home you now have minimum wage you have the most expensive electricity in the world you have seven million working poor so germany looks better on the surface than it does on the nice and i think that is what is coming to to the to the it should come into full light in terms of twenty fourteen germany is already slowing down on the need but right now reporting top line very well staying jacobs and that joining us from sachs

a bank told him to ask about the outrageous predictions for twenty fourteen which are probably all so outrageous i'll feel so that i thank you for joining me is indeed the last twenty thirty years why we see you next year. unexplored antarctica what is it in this icy expanse that attracts the people who come here. now i only go to the doctor. and enter into. a new generation of polar explorers is coming. we have a new group of specialists here now all of them are young how are they going to get along with each other i don't know. i used to be a bureaucrat. seriously. what adventures await in this mysterious.

way to live what to the east and what of the action. doing it on top to go. at least sixteen percent of imports came from. the european union is ironically taking fish from some of the poorest nations on earth so this is a very serious and very urgent problem that needs immediate international action. on top of the territorial waters they fish they load the fish into the ships and leave. today illegal fishing just taking the bread out of our mouths.

the league's u.s. regime change manual exposes interference in ukraine and beyond coming up. chilling pentagon plans reveal systematic and violent overthrow of democracy. why is john kerry's assistant handing out candy these two fanatical riders bulldozing people and injuring hundreds in unprovoked attacks. and i warning washington's quote. star sat on a world war. when western colonise there's a twentieth century fox in shanghai and chinese they didn't submit to folks

back home they were racists enslaving whole nations will be resources they reassured the publics through mainstream media that they were quote symbolizing the natives to trick the soviet twenty first century public school in a quote pretext has become even more caring but in practice the west continuing to overturn governments throughout the world and install puppet regimes america's current destabilization of ukraine's government rise washington based on this new push your mileage is following the white house regime change manual to the letter of the icebergs u.s. senators like mccain flying to kiev and joining the protesters while assistant secretary of state victoria nuland hands them out and these are the reality is top u.s. officials already calling for sanctions against the country which were.