tv Venture Capital RT June 15, 2014 4:14pm-4:30pm EDT
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to picture. from around the globe. hello again can have less than half a day now to pay at least half of its gas bill to russia which total and exceed exceed a full billion dollars and if it doesn't pay it will be transferred to prepay system meaning it will get exactly as much gas as it pays for. a coach never about why a deal seems so far off even at this very late stage. average single party that is involved in this really ongoing dispute only stand to lose and russia including us the country is losing billions in raffa news and we're talking about an enormous sum of money that the state budget is quite depended on and of course there is the
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country's reputation as a reliable allergy supplier now that refutation is currently at stake you mentioned russia presumably kiev is going to lose the most it's true while however while the row has rumbled on at the same time ukraine has been secretly stockpiling gas reserves and just recently the country's government announced that they do have enough to last until i am and that even without pain now apart from that ukrainian people do stand to lose out shafts simply dance are piling up and russia has already offered a lower gas price but it's more and the longer a key of refuses to compromise and negotiate the higher the eventual bill will be many people want to show. the rest of europe is a bystander in all this but actually europe could suffer to it's true because
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europe is not at all a bystander actually the european supplies are most triscuit but just looking simply at this graphic suit can see how much you are is the patent on gas from supplies and there's actually more than that for some european nations gas from is the only an energy source so if this continues to be the case when ukraine refuses to compromise which it does at the moment then you are likely faces being cut off in the near future and we've been in that situation before when ukraine feel to me that it's a gas obligations and that's led to only one thing ukraine was siphoning off gas that was a. tended for european customers so just recently the borel bank asked a maid at that such as the naira could see a massive prize hike for gas for european nations in some cases up to fifty
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percent and actually i try to sell mother some of the factors there are styling this negotiations but still no deal despite concession after compromise after concession. to see others of we were numb proposes the russians offered to reduce the gas price spike one hundred dollars a so-called discount on those cute and so they did a lowering the price to three hundred eighty five dollars per thousand cubic meters which is roughly what european countries pay for russian gas what's more moscow is ready to guarantee that trade for increased a year and refereeing the e.u. found the offer fair. i believe three hundred eighty five dollars is a reduction and it can be considered reasonable but with some people you give an inch and they take a mile and we support the we pay the price that we consider is the market rate and that is two hundred sixty eight dollars for
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a thousand cubic metres or so it's about a woman mr crane as you know has been offered a very generous discount on this and yet they still what role and it really is quite incredible that the. of the ukrainian government is i don't think any amount of this got ready will satisfy you create their sporting forthright it however give stubbornness may not be rooted in what it needs but what it wants which could well be profits. of ukraine wants to receive cheap gas and resell it basically making money using russia it's a very odd position. another stumbling block what to do with ukraine's foreign a half billion dollar gas dad to russia. ukraine's naftogaz is not going to pay its debt to gasp from until we reach a package agreement by its occurrence because that on the strategy of the ukrainian side is outright blackmail according to kiev
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a deal can be reached only and exclusively on ukrainian terms russia's gasper our offer to save the day or at least offered a huge saving pay half of the debts and get a twenty percent discount on the rest otherwise ukraine would be switched to a pay in advance system russia needs to make sure that ukraine is paying the market price no ifs no buts no can't claim to know what flim the market price as another country does. so far the quarreling sides have failed to reach an amicable solution if the teachers practically ukraine's acting prime minister has operated the talks from the start ukraine took no constructive steps made no compromises and apparently wants to maximally aggravate our gas relations which may not be says ing well with the european partners the
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ukrainian government is being intransigent and also putting the people of europe at risk that's why the e.u. is actually cautiously supporting russia's position of this poem by with monday's deadline taking average closer helps for a breakthrough or a slowly fading away lines in the question r.t. moscow negotiations between russian and ukrainian officials are reportedly going on right now government and business consultant christo horsetail told me he thinks though there's at least one party hampering the process. well it's not looking very good honestly and moscow is shown all kinds of patience and lenience and reduce the prize and stop the old about things like that washington's intent is to you know stop the good understanding in europe between the e.u. and russia and a good vehicle to do that is this kind of you know gas trouble created in effect
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with washington spec'ing and so we need not wait for any you know good approach of the interim regime while some countries keep on sleeping on the citizens the one which is funniest of internet users we can report about it's candidate top court there is insisting that law enforcement get permission from internet providers before they pry article com tells you that ruling came also on line two from outer space to underwater depths it seems now that nasa has been sending its teams to live on the ocean floor. follow that's about might surprise you at r.t. dot com. some eighty palestinians have been arrested in connection with the abduction of three jewish teenagers from the west bank israel's prime minister has accused the mass faction of the newly formed palestinian government of kidnapping them human rights activist you're exact he told me the breakdown of peace talks has led to an escalation in violence here. i really hope that we go back to the situation where we talk with the palestinians about ending
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the conflict about a permanent status agreement which is the real necessity where there is a vacuum where in leadership leaders don't talk and i'm sad to see that the israeli government gave up very easily and he's been playing more of a. blame game with that woman and instead of going to go see asia stable where there is a political vacuum violent elements come in and we see the result i think the best way to prevent such as in the future is to have a permanent status agreement agreement we are the palestinians that will serve israel's national interest best because continuing this situation as we see brings more and more violence and hardship. scotland's historic independence referendum is inching ever closer passing the one hundred days to go this week both sides are busy trying to sway undecided scots the no compass got a clear lead in the polls right now but the opponents have been steadily gaining
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ground to four percent in fact over the last four months or so for some of the choice is not between independence or not but between two radically different visions of scotland has been listening to opinions from both sides. scoff and get. money and they also get a good deal a deal of money out we have a lot of them we've got to worry about i want to pay off our pension bell the oil is going to get taxes a role she's from it. you know the all prices dropping through the floor you can be sure. you know your tire color me on oil with me together through war and peace. people's fanatics that's in for what it's worth is states for the for the united states and we want to break with that and everything that that means but we all we want to say that we want to have influence we want to have influence with politics the way the economy in britain is being run just know is leading towards massive
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inequality on a historic scale and i think the real question is can we afford not to vote yes in september thanks for being with us the next live news update just over half an hour's time a variety of programs coming up here not international we've got venture capital with even if you watch the news in the u.k. special program for you a close look at nato's role in the breakup of yugoslavia. kember history of yugoslavia its formation as a prosperous and peaceful country was considered to be a success story of market socialism and in many regards it was the most developed. whom was this teacher of democracy and market economy if any republic in yugoslavia wanted further it would have to break away from yugoslavia and declared its
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independence ok it's not a conspiracy theory it's not my speculation it's not my analysis it's the public. and punished harshly for every slight delay. unlearnt the serbs started this war the serbs are the original cause of the war they are the complete aggressors and wanderers. bomb because. that. small. bomb all of the top two kitchens six of the new inspections of. the multi-ethnic society to live in harmony and show not. what was forgotten to be told geale about yugoslavia the weight of chains on our teeth. to speak to language. will use programs and documentaries in arabic
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it's all here on. reporting from the we'll talk sports of the ip interviews intriguing stories for you to. see then try. to find out more visit. this is a venture capital of the world cup kicks of this week in brazil and instead of crowds of sounds we've witnessed crowds of protest because of the cost or take a look at what happened to the economy of south africa the last host country plus the rich continue to get richer we talk gender pay metals and to innovate i so that
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world cup fever has arrived and despite the fact that the host country brazil is predicted to win the tournament not everyone is excited there's been a violent protests on the street because of the cost to host the event the most expensive in history the majority of brazilians resent the fourteen billion dollar price tag when their economy is bustling crippling inflation a gross slump and a possible real estate bubble and if we take a look back our fellow brics nation south africa the country spent three point nine billion dollars on hosting the games according to our of course in the journal of african economies south africa attracted two hundred twenty thousand extra to restore in the event that's a thirteen thousand dollars per visit and the last four years the country's stock market has nearly doubled but g.d.p. has now slowed and slipped into negative territory during the first quarter of this
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year the country has similar problems to that of brazil income inequality and abandoned infrastructure well for more on the business of football the backlash in brazil and the economics involve a store in a south american based guest daniel brunei so you can brazil afford this tournament . you know who you are the core of the. the pipeline is fourteen billion dollars at a time when most resilient some are falling behind and can't keep up with the runaway inflation which is largely fueled by huge real estate massive bubble. whose mostly it was also foreign speculation in real estate and the sentiment most people still feel is that there is simply too many people who are lacking in good basic services such as affordable decent housing health care transportation and education but in the spent fourteen.
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