thank you both by and does quite often get a bad crowd blamed for all of the recent violence or crashes whether it be the great depression and to the recent crash of two thousand and eight described as greedy ruthless of having no integrity and costing taxpayers billions of dollars. for all but i believe that the so-called ah ha ah the ready to change their attitude with the help of god yes i'm being perfectly serious details to come but heard me on that one plus international sports stars are here in russia finally the so she gave they have forgot who and while we're going to be joining our reporter who's in sochi talking about money they got loads on the white jam packed show do not move a muscle now so people in general well they don't trust bank has often accusing them of having no called or credibility. to change this and i'll turn to

god for help in doing so yeah buts right dodge buying all ninety thousand of well now swear an oath to do the most to preserve halts confidence in the financial services industry now this is part of the dutch government's to change to take the overinflated industry with assets of more than four times the size of the country's economy and if you're thinking that maybe it's just a p.r. but apparently if the new code of conduct is broken then the guilty banks get blacklisted all face a fine and is not just banks making moves to clean up the image of the banking industry i should say this week focus chief anthony jenkins he waived his four point five billion dollars bonus and that was for the second year in a ride but no banking. chiefs are taking the moral route no off very favorite j.p.

morgan's jamie diamond he took over his twenty million dollar paycheck last year despite the abundance of fines we know that his bank has been dealt with but the point is overall it seems efforts are being made now added to this lloyd's another british banking empire has vowed to up their female star from twenty eight percent to forty percent in would this make the banking industry more moral low to talk about we've got by. refusing bonuses will some men away at the prospect of more women in the male dominated industry so does all of this all together does it mean a social moral movement in the banking world where our all this search you up these numbers what on earth is going on at the moment with our friend kelly right here who's involved in the financial world in london from i j brenda the oath taken by

the dutch banking system is this g.d.s. or is it total nonsense. i think it probably there's comes full somewhere in between the two i think when you look at. the reputation of the financial sector since the financial crisis i think it is quite important that we try and change the point of view of some of the employees of banks and i think in some respects it does have to make it a more discerning profession particularly in light of what's happened over the last few years so i think in some respects it is a good thing i've had interesting conversations with people in relation to the life or manipulation of the four explain if elation and some are trying to draw a difference between the two whereas in fact i think if you feel that you're doing something incorrect or morally wrong it doesn't really matter whether it's a small or a big thing it should actually fall into the same category so in some respects i think this is a good idea and could be a good template for most banks brendel why should the banking industry care what the scientists thinks of the money will be made gold less well backed up to be

honest with you is probably quite true but i do feel that over the last number of weeks we have seen that there have been a huge amount of redundancies in banks so clearly there are problems still facing the banking sector at the moment. regards whether or not you feel that the banking sector in the financial sector has been fixed since the height of the crisis and i feel about this goes some way to trying to make people believe in what their job is of course all to help to kind of fix the reputational damage there i think it is important but i do take your point that clearly banks will make money in the matter was but i think it's trying to turn over a new leaf that is quite important here a little i want to ask you about barclays chief executive antony jenkins turning down the bonus for the second year how important is it the banking chiefs do they does it have a significance do you guys can. i'm not so certain i care all that much i do

believe that in many respects the bonus is more than likely deferred i was a little bit further and i think it's mostly a p.r. exercise on behalf of barclays perhaps it is a way off leading by example by the head of the buying i start be about a fee stays there gets gets the bank on its feet once again i'm proves to its shareholders he's worthy of a bonus find some stuff worthy of a bonus then i would expect in a few years time more than make up for the losses that he's made over the last couple of years oh yeah i don't doubt that little another let's talk about women because lawyers all keen to get more female what is in the industry would how does new experience do women make the industry more moral. i think it's an interesting case actually and i don't subscribe to the view that women are more risk averse than men and obviously i work in quite a male dominated department here but i think there is a perception there that women do do not take more risks but if you look at risk

taking as a whole it's generally taken as a financial scenario but if you actually look at risk to be standing up for what's right in the face of opposition taking an ethical path where there's actually pressure to stray i think women could actually bring in a little bit more of a collaborative effort in the banking sector which is more likely to show successful risk taking and there have been studies showing that men are inclined to there are two different waiting on factors for risk taking two of them are the likelihood that the risk in question would help hit strategic objectives the second is the effect the risk on the people involved men are more inclined to focus on the former women are more inclined to focus on the locker so i think bringing in more female stuff into senior management could really put create a collaborative effort i make the risk taking that is encouraged to buy and king and to profits more successful on a more moral question of making money absolutely thank you have a so much that's brenda kelly right there from my dear. talking to us in london

today now moving on the sochi games on now oh and already a record breaker for the most expensive games in history we know that much and even when i say the price tag now the fifty one billion dollars that has been spent now is done and dusted but the good news is the games are expected to generate the most revenue in history to know i'm talking television advertisements sponsorships merchandise even private jets so let's talk to a farmer right now who is insult she is for us. so today sochi is set to make money than the full plentiful well it should do i mean in terms of associated advertising revenue hoffer trillion dollars is expected to be generated in this sounds like a staggering amount but you do have to remember that something like three billion people around the world will watch the games on their television sets so for advertisers it is seen as something of a golden ticket and that's why you do get the likes of me don't move panasonic in

visa all coming out to be official sponsors of sochi twenty four take yet here today and obviously in addition to that you've got all the people going to salt shape so watch the games of course which means great business for local company is . it is brilliant for the local economy we're hearing that something like one hundred forty thousand people visit sort cheek during these games of course they all need somewhere to stay so hotels are going to benefit benefit something like twenty thousand new hotel rooms were built for these games and all of those have been taken and on top of that you have the shops and cafes and restaurants that are going to benefit and of course the local taxi companies which as we know always put up the prices so it's very lucrative to such a kind on top of that of course when people come to sort you to watch the games they need to buy tickets and they alone are worth something like one hundred seventy million dollars while at the same high bridal. is in town as well i. yeah

well if you drive past such yeah really just a kind of you who are replying window you will see a lot of private jets on the tarmac incredibly they are paying up to sixty five thousand dollars a day just to hard that only go to spending a lot of money keeping their jets in sochi during these games and over the course of three weeks the airport expects to generate something like forty two million dollars from this leasing will you sure about that and they do tell us that something like six hundred fifty people have already inquired about parking their jets but search here put you in the game so a huge huge money spinner for many people my guess is that is big money that will thank you so much indeed i know you're a very busy man it's exciting times are in sochi with the guys now underway called believe enjoy yourself goodbye. when it comes to the plates well the value of winning a big shiny gold medal depends on the country that they're from because each country

awards that own sport stock size starting with the italians will they're the most generous to the athletes would you play it with a homecoming reward of one hundred eighty two thousand dollars right there lest i forget about debt forget about recession they're getting a nice juicy package that will go russia up next right here where it's all going on one hundred fourteen thousand is just about the by the way if you wanted chinese champs so get one hundred thirty five thousand for the sporting efforts usa is a little bit more modest hayward twenty five thousand but they tend to get the most in sponsorships right here yeah zero for their stock is just have to make do with the meadow white guy so you brits leave it on according to the fit ship credit rating agency the debt created by the sochi twenty fourteen olympics will be in their words manageable the agency said that the region is well dives. and there is

a steady flow of funding from the federal government many of russia's state owned banks are providing loans to projects which. makes the debt less risky investors are hoping that the costly infrastructure projects will provide income to the region with international and domestic terrorists for decades to come that's the i did all right now let's crack on and it's good corporate we're going to start with russian bags because. last week i mentioned the feed to the banking group had stopped working with fitch after being downgraded in january now fate has withdrawn its rating for b t v before doing so it reaffirmed the fines triple the minus status fee t.v. russia's second largest lender accuse the agency of a lack of professionalism and now only offer rates with moody's and standard and poor's not move it on crushing the retail led to has announced it will hold two i.p.o.'s one of most of what the london stock available is believed to be up to

eight billion dollars was this is it responds to last year's profit soaring by two hundred million dollars. russian foster food chain to be more what i've been to restaurants in new york the shit the company specializes in russian pancakes both sweets ones and savory that surely pop but i hear a lot of people happen for a male and i thirty recommend the sour cream was. ok so i've got a bit of an appetite for your height that's quite stu opportunities for venture capital with the base wait if it doesn't get on twitter i'll be involved all this way going to be talking about such a core group so from running around well that's like a by so i take care of yourselves have a great week see your critter. new

york london. the whole world is. on the end. of the point that the link at the end of the street another one a more transparent society gets the money or the proper tears become we see military and police forces to mobilize against people who blend into the city the city the more people trust electronic devices the more defenseless the. fear that has a. wealthy british style.

market. find out what's really happening to the global economy with. no holds barred look at the global financial headlines two kinds a report. possible. we we will. see you will know about. it and they are almost entirely. if they are not to. tell the i.o.c. it will be all. right. first. and i think the truth.

on army orders. and welcome back you're watching the weekly here on r t international you know anti drone activists have been finding themselves in courts across the u.s. for protesting against the use of the deadly machines that's while the media remains silent about the scale of america's drone warfare according to anti-war activist david swanson b.s. had people serve me you know the six month prison sentences we've had people say see horrendous charges for exercising their first amendment rights this is an ongoing activity across the country and it's noticed in the local media that there's a virtual blackout in the national media in the united states you would have no

idea this was happening it's that there's an extensive protest resistance movement against these drone murders and unfortunately most americans don't even know it's happening don't even know what the drones are being used for much less that they're being protested when these missiles go and kill innocent men women children infants in pakistan afghanistan yemen somalia there is no discussion there's no debate it just happens under the radar now the drone program was launched under george w. bush but it is broke obama's administration that has seen it blossom in the country's most affected by the strikes are yemen pakistan and the civilian population has been the hardest hit a variety of estimates suggest that in the last five years alone more than three hundred have become victims of drone warfare however washington has shown a no intention so far of bringing the program to a halt. now take a look at some other news making headlines around the world this hour eight people

have been killed and over a dozen wounded in an attack in pakistan's port city of karachi gunmen threw grenades at a religious gathering and then opened fire on preying soofi muslims it is not yet known who carried out the assault though the taliban and rival muslim groups are suspected last month militants killed six people at a super shrine in the same city. three spectators have been injured in a shooting outside a world cup stadium in brazil supporters of a local club america day natal were leaving at the venue when they were shot by two gunmen on motorcycles fan violence has been on the rise as the country prepares to host the world cup in june. hundreds have gathered again in bosnia this time calling for the release of about forty people detained during friday in saturday's riots officials denied protesters claims of police brutality and added that all but ten of those arrested had been released and thai government rallies in bosnia have

been fueled by high unemployment corruption and poor living conditions across the country. the owners of a bungler desha clothing factory have been denied bail after surrendering surrendering to authorities a husband and wife are facing homicide charges for a massive fire that killed one hundred twelve workers two years ago a couple could face life imprisonment the blaze is the deadliest in the history of bangladesh which relies on the garment exports to the u.s. and to europe. in yemen a bomb planted under a car seat has killed a senior intelligence colonel and wounded two people nearby the explosion happened outside the oil ministry in the capital sanaa is almost militants with links to al qaeda are suspected to be behind the attack. europe's largest association of computer hackers has filed a criminal complaint against the german chancellor over her role in the n.s.a.'s

spying and accuses the country's leadership along with american and british agents of violating privacy rights by carrying out illegal covert intelligence operations r.t. spoke to one of the activists of the group behind legal action we have strong indications that the german government. and or together with the american spies on all of our good troops alive at the moment even if the whole media blitz covering about they stay very very passive and they for us it looked like they were just debating until the storm is over and that's why we want to force the federal prison prosecutor to start a real investigation on what is going on and won't be found wrong and holloed the governments not only the american all the others are in truth invading our debts and lives it's still not proven that any of these measures really help finding terrorists and all the other excuses they find and that's just

a new way of power which is fundamentally destroying every everybody's privacy and probably vill also be a big danger for the democracy. the european commission has unveiled its first e.u. anti-corruption report this week which pointed to a wave of graft sweeping through the block brussels estimated the losses caused by shady deals amounts to billions of euros they are used to mason that corruption costs in the european union is no less than one hundred twenty billion euros each year and that is the equivalent of an annual budget so it's a lot of money we're talking about. the chief of the e.u.'s home affairs commission has called the problem breathtaking and warned it's eroding trust in democracy earlier he spoke to karl dolan e.u. office director for transparency international he thinks that all governments

should have the capacity to assess corruption risks in its own institutions. in many of the newer member states of the e.u. there is still a lot of corruption that citizens paying small drives for access to basic services like health care. but in other countries the the the main corruption which so to do with political corruption that's the kind of conflicts of interests that are in the dealings that politicians have with business the commission says that it. self assessment would not be credible. we don't think that's the case we think any government should have the capacity to assess corruption risks in its own institutions luckily transparency international is conducting its own assessment of integrity problems integrity risks in the e.u. institutions and will be publishing that shortly. is shooting has occurred on the

russian island of soccer league in a gunman burst into a cathedral and opened fire killing two people and wounding six the suspect was apprehended on site you can head to our tea dot com for the full story. the u.s. is. ready to accept refugees who may have terrorist links or could have given limited support to terror groups on our website we've got all of the details on washington relaxing its rules for potential asylum seekers. sex sells but not in japan where a growing number of people are opting out of physical intimacy the trend has sparked fears of a demographic crisis in a country which already has one of the lowest birth rates in the world some japanese are blaming of their government for the sexless phenomenon as artie's. reports. thanks but no sacks says this japanese woman in her mid thirty's she's now on her second marriage but intimacy with her husband is off the marital menu. after

i had a child with my first husband i lost interest in sex we divorced i remarried but my second husband lost interest in having sex with me so i have actually got used to having no sex at home this is becoming a trend which now has its own name in japan sexless according to recent polls more than sixty percent of unmarried man and near half of women aged eighteen to thirty four are not in a relationship more over forty five percent of women and a quarter of man aged sixteen to twenty four were not interested in having sex at all for the country with one of the world's lowest birth rates this spells huge demographic trouble we used to have a very large population but now we're rapidly shrinking and if things carry on as they are japan's population will be half of what it is now by the year twenty fifty that would be seventy point eight million we have indeed struggled to find many couples openly showing their affection in the multi-million capital of tokyo and

what makes the situation even more bizarre is that japan has always been a world heavyweight when it comes to the matters of sex but your show our area in tokyo is one of the all this red light district in the world for centuries that has been thriving now its streets are practically and. t. for almost four hundred years it has been restricted to the locals now with japanese people having less sex the businesses here had to open their doors to foreigners. the homo could not here she used to be called queen love and worked in one of those brothers now runs a special course called sex counseling she helps people resuscitate their basic instinct sometimes through hypnosis she even urges men to dress as women to make them understand what the opposite sex feels like she says the government is partly to blame for the situation taking on one role the government's put stricter regulations on sexual lido constant even sixty commercials disappears from t.v. these first young people to go there show in their sex lives that now they have

more interest in social media and dating becomes annoying to them. not only social networking but also high unemployment among the youth generates this widespread celibacy and sexual reclusion say researchers many simply have no money to date and get married young amanda just to help out to one hundred people every month but with growing numbers of those are interested in intimacy in population of one hundred sixty million this is just a drop in the ocean alexi rush of t.r.t. reporting from tokyo in japan. will be back with more international news in just a few minutes you're watching our two international stay with us.

but there are no words the location of a voicemail remember. how to do it well as of the low height ted said you would stop this storm we might be more my people will die. and. the european union likes to think of itself as one of the brighter and fairer parts of the world a european commission report on corruption the first of its kind betrays a very different picture in every single member country there is corruption in some cases on a massive scale so what can the e.u. teach the world a corruption. twenty

fourteen promises. exhilarating not to tell me anything now a make of an island the rest of our lives take news team for sochi twenty four take . on ott. there is obviously more for the latest because it's pink. women wanted to avoid rate they really needed to buy guns environ how to use them. this is the one that i want to go with but once again it's the fear factor women definitely the target of the gun lobby and you don't kill them when the killing might even if so many would he would just prefer. i know to say more and more if that's really scary marketing tactics which implies that women

have some sort of moral obligation to guns to protect their family and young girls shoot out here too so we do have a pink or. more kids young kids choke on food than are killed by firearms if being armed made us safer in america we should be the safest nation on earth were clearly not the safest.

russia's figure skating team claims the host nation's first goal as the second day of the winter games wraps up and put aside from the celebration of winter olympic sports the threat of something bad happening in sochi the western media dishes out an avalanche of criticism raising questions about whether the concerns and panic are justified plus in the week's other headlines. the u.s. assistant secretary of state has apparently been caught on tape trying to direct ukraine's political future and you know. at the same time what's believed to be victoria nuland comments have also caused outrage in the e.u. with the german chancellor calling them unacceptable. and it switzerland votes it narrowly in favor of a controversial plan to put a.