says that we thought we'd get outside and make the most of it why not i and that's when plenty going on as far as the russian economy is concerned it's quite appropriate we're all going to be talking about those of us. sanctions that will target the russian economy and the peculiar. of the economy we're going to focus on the energy companies the businesses the internationals that will be affected later on in the show and talking about multinationals we are going to talk about roughly asked yes tim kirby he invested in that company this week that's where the rule landed and i'm more interest than ever to find out what's going to happen because of course our company has been in the limelight this week but first we start of the show going to talk about you chris because this particular edgy company was once the richest most powerful oil company in russia but that changed the company's downfall it began in two thousand and three when the c.e.o. of the company called of course he was arrested on full charges what then happened

was the assets of the company frozen him because of the escalating tax debts it meant the shares of the company was sold off to other russian oil companies and it was it was bankrupt as a consequence now just this week the hague ruled that you could in fact eggs appropriated by the russian government stands as a consequence russia is expected to pay fifty billion dollars back to the shareholders of the company now the pope concluded that the primary objective of the russian federation was not to collect taxes but rather a bankrupt you coast appropriate is valuable assets now most denies this accusation it must be said now the phones while will be shared amongst the u.k.'s shareholders the biggest ultimate beneficial is expected to be the russian born limits as when he was a business partner who fled to the. israel to avoid prosecution and he has about

a seventy percent stake in that company imus nephilim was found guilty of organizing five muggers he was sentenced to life in prison in the courts he never did sentence as we know obviously this has the makings of a hollywood movie a drama it's got the mud is it going on is certainly the money that i spoke to moscow based journalist he's a political analyst as well and career. and his what he told me. so in your opinion was if you know it was completely wrong anyway i could go on then tell me one more thing is that the court's jurisdiction was done simply over the energy charter treaty which even though russia is party to that never ratified it they don't ratify it because they want to preserve state sovereignty they want to make sure that it's in accordance with russian domestic legislation and the ruling is that the ruling was meant to punish russia first and foremost and when it comes to the energy charter treaty punish

a full wall when you look at their current contemporary look at what's happening right now we're seeing from the quote unquote obviously russia this is one of the methods that they're trying to do they're trying to make russia appear on a track to for business even though it's not the case because the same things have been very very successful so mr medlin he was an angel a that was a no not at. all he was also another criminal they had to leave russia because he wanted to escape persecution when i was hiding out in israel you know what's interesting is he owns about seventy percent of the stake of his holding company that was awarded the quote unquote. a prize of his fifty one billion dollars and unfortunate a lot of people were under the false assumption that this money is going to be going to mom and pop investors the case is going to want all garko and about seventy percent of the holding and the other thirty percent is own larger by about four other all guards they're all russian of the russian nationality so it's rich people they're going to get even richer you know well you know actually actually to make it even worse let's just say they get this money i hope it hypothetically is going to be laundered. right back into politics is going to come right into the

russian federation and sure i would imagine offshore but also there is a project to try to instigate a color revolution here although i think it's very unlikely the fact is if you give us type of money being invested towards regime change it could possibly have an effect in different areas in the russian periphery so presumably rosset is going to have to pay at least money. if they want a fortune if they want to pay yes i think that's what they're trying to target trying to target. as i mentioned the part of the car that's found to be guilty is actually the russian state so they may be trying to seize all their estate assets sure it seems like as you mentioned what was snuffed will be called may be seen as culpable because they were involved with the acquisition of you by you rather will see i mean we'll see what happens is very dynamic and the fact is there's a lot of information warfare going on it's very difficult to have all of that is exactly what's going on but listen let's talk about mikhail khodorkovsky yes because someone docky that he was getting political vocally here in russia he had

his eyes on the presidency perhaps and therefore was shipped off to a gulag in siberia well the thing about how to use this he was getting political minded but the thing is there's nothing wrong with that because i know he was punished because of tax evasion and what there is something wrong with this when you're trying to buy the state duma and when as a speculated you're trying to do this with the intent of changing the constitution from turning russia from a presidential state into a parliamentary one were the prime minister be the person in power and if you bought off the duma issue an issue of form no this is just speculation of course and a lot has been written about in russian sources washer sources and one i would welcome any of you were to do their own research and draw their own conclusions but he wasn't politically punished as i mentioned before european court of human rights found it not to be a politically minded case although it was seen to be kwame not interdicted themselves by this wording by the hague which is bizarre very bizarre and it makes it even more and more likely that there could be a possible mistrial i mean when you have different layers of european legislation one says. one thing the other says the other who do you trust what's going on with

you how schizophrenia can you really get how serious could this get because if russia doesn't pay this fifty billion dollars what happens then because. you write that you could happen yes but that sounds like a disaster what i think more than like will be happening is they're going to try to make as much as there's information warfare going on they're going to try to make russia seem to be the new rogue state so to speak i mean as you see with the tragedy with m. age seventeen in ukraine they're really trying to make russia seem to be a state sponsor of terrorism we're not saying it but it's all brought in for a look at all the tabloids we look at even saw formerly respected. information as a to show like washington post of one will and they're really trying to push this narrative so the idea is to isolate russia and to make people not want to engage it but what happened is this is isolating the west from the russian market russia is moving very rapidly the east everyone talks about an american pivot to asia where we see what's been very successful economical with china russia and china four

hundred billion dollars gaston is going to just edges again as a tip of the iceberg since you have russia and china in the same room at the same table talking about big money now just think about all the other possible prospects are going to happen and let's not exclude south korea and possibly japan sure it's appearance talk about sanctions south korea was likely yeah so it's funny because obviously this is a free political case very much you know makes it so to present to see you know what if this yes this is a. situation i mean you have economics politics you have international relations you have this whole context of isolating russia you have information war you have so many things i mean this case can be all things to all analyst and that's what makes its saw intriguing for me indeed all right thank you so much indeed talking to me from moscow as red square on this of all the glorious sunny thank you very much. brian i want to talk about sanctions because the u.s. and particularly the that's what everyone is focusing on and oust their sanctions.

this week they have been ramped up against the russian economy and this time they focus on particular sectors of the russian economy some talk about the state banks we've got an arms embargo as well as well as particular technologies that are used in the oil industry you know when it comes to these high tech machinery companies will beg for plants in the arctic deep sea and the shale gas extraction and the companies that are involved with those kind of activities would be the energy companies i am talking about the likes of b.p. exxon any hotel now be paid would probably be the company that is most exposed to russia not because it has about twenty percent stake in a rough sector we know the c.e.o. of the companies already on that station if you go searching for more details on all of this we do know that president barack obama he did say he wants these sanctions to bite we're not going to find out if they would do that and the question is how hard of course we must understand that these sanctions. will

be very serious not only for some companies also for european companies and of course for american companies and we can say that maybe our for example to projects they're more for foreign companies like exxon mobil it's also important for russia we can stop the exploration of the arctic and can return to this question forty fifty years later it's not the question of today's situation there is no necessity . for actually more bill it's much more important so that is why in my opinion then when we get him some of these sanctions will be russian companies but of course well before the companies. ok now time for corporate news that he was the moving and shaking of us markets this week other than sanctions of course we're going to start with wendy is wendy my mother's name actually so i do like this company now it is america's third largest hamburger restaurant chain and it will close eight restaurants and leave within three years to come. in the end to devise

a market twenty seven compound one hundred eighty restaurants over a ten year period but there's no new ownership in the plans and changed the way that picture ratings has hit gas from with a negative outlook while a thumb is long term foreign and local currency issue with the folks raising it triple bay the agency said the ratings were flat cost the gas pump will remain a vital gas supply and to europe despite competitive i'm playschool press is saying no amount of sales to russia had fallen sharply in the first time off the french comics which you say controls russia just come a captive asset deliveries to russia for them by eight percent year on year in the first six months of this year and now we're going to get over to the mothership and see how tim cubbies got on because we've already spoken about ross there in the program but you happen to land yourself and invested in the company i want to hug on this week because it's been a bit to motorist house and i am hi katie last week we got russian enough and you know from the news about them recently you think things would be really bad i read

that about over a week ago one of their oil refineries in the disputed territories in ukraine was very damaged if not destroyed also russia if is on the bad side of u.s. sanctions you think that those two factors would make their value plummet but no i mean two hundred thirty dollars this game makes no sense i don't understand how you can have such a terrible week and yet make money but who knows and we've got baltic breweries located in st petersburg that makes some of the most popular beer in russia and cross if you remember from a few weeks ago we had some cross on the show so we'll invest everything in both occur and see if everything comes up fizzy same well done i'll see you later on but hit the c.z. i could buy for now and thank you but what saying now this is actually mission impossible for us so i'm going to go see if i can find some crazy one not to myself tonight's game i think that's a tough one because i think the. clean

more zero casualties war this is the great fantasy of war mongering politicians. capturing people is this what do you do if they're innocent killing them easy we were serve the right to kill any person anywhere any time. they could be done in the sixty's but they can do tremendous amounts of makes these things are heard and politicians. new kind of power of the endless technology that is very tempting.

the u.s. military was built to square off against the soviet union. over western europe but when you take that conventional military and now try to retest it as a counterinsurgency force it creates a lot of gaps and that's the kind of private sector stuff. this is the media leave us so we leave that maybe. by the sea ocean security play your part of the physical. push is that no one is asking with the guests that you deserve answers from. politic only on our team. they all told me my language at all but i will only react to situations i have read the reports first so i'm likely to push the no i will leave them to stapling a comment on your letter play listen to it liz or kal

a car is on the docket. there they go no more weasel words when you made a direct question simply prepared for a change when your son should be ready for a. freedom of speech and little doubt the freedom to question. i'm abby martin the stories we cover here are not going to hear any rights are fixed or the plans for that life the same time there's a reason they don't want him to now. they're telling the friends that we should be completely out now let's break the set. to kill rightness east search tree limb and i think the true. s. .