tv Venture Capital RT August 3, 2014 4:15am-4:30am EDT
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later on in the show and talking about multinationals we are going to talk about the role snatched yes tim kirby he invested in that company this week about the will land and i'm more intrigued 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 a company called of course he was arrested on 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 procreative by the russian government stands as
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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 bankrupt you coast appropriate is valuable assets now 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 leonid nazli and he was a business partner who fled to israel to avoid prosecution and he has about a seventy percent stake in the company on this never man was found guilty of organizing five murders he was sentenced to life in prison in the court he never did sentence as we know obviously this has the makings of a hollywood movie a drama it's got the murder. is it still going on is certainly the money that
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special and i spoke to most base john unless he's a political analyst as well and career. and his what he tells 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 yes even though russia has parties who never ratified it they didn'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 context look at what's happening right now with sanctions from the e.u. trying to quote unquote isolate 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 issues have been very very successful so mr medlin he was in an angel a that was a no not at. all he's also another criminal they had to leave russia because he
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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 for 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 frank ourself the case is going on this one all garko and about seventy percent of the holding and the other thirty percent is own largely by about four other all darks they're all russian of the russian nationality so as rich people they're going to get even richer yeah yeah and actually actually to make it even worse let's just say they get this money 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 the 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 this 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 all your fortune if they want to pay us. i
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think that's what they're trying to target trying to target. as i mentioned the part of the party 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 we'll 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 know all 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 yes he was politically minded but the thing is there's nothing wrong with that because i know why 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 i was speculated you're trying to do this with the intent of changing the constitution from turning russia from a presidential state into
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a parliamentary one whereby the prime minister be the person in power and if you bought off the duma it's a shoo in the short form now this is just back away from of course and a lot has been written about it in russian sources washer sources and one i would welcome any viewer 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 it was very bizarre and it makes it even more and more likely that there could be a possible mistrial when you have different layers of european largess lation one says one thing the other says the other who do you trust what's going on with the house because a friend i couldn't really get how serious could this get because if russia doesn't pay this fifty billion dollars what happens then because. you could happen yes but that sounds like a disaster what i think more than likely 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 a. seem to be the new rogue state so to speak i mean as you see with the tragedy
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with m.h. seventeen in ukraine they're really trying to make russia seem to be a state sponsor of terrorism we're not seeing 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 testify just as 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 no just think about all the other possible prospects are going to happen and let's not exclude south korea and possibly japan should japan talk about sanctions south korea was likely yeah so it's funny because obviously this is a free political case. present to see you know what if this yes this is
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a doctor 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's red square on this while the glorious sunny thank you very much. brian i want to talk about sanctions because the u.s. and particularly the e.u. is what everyone is focusing on and out there 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 but an arms embargo as well as what is particular technologies 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. the shale gas extraction and the companies that are involved with those
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kind of activities would be the energy companies i am talking about the likes of b.p. exxon any tell you tell now be paid would probably be the company that is most exposed to russia not because how about twenty percent stake in after we know the c.e.o. of the companies already on that site in this. so for more details on all of this we do know that president barack obama he did say he wants these sanctions to bite when i go 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 for example at the projects they're more interested in 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 what if
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you two years later it's not the question of today's situation there is no necessity to focus on today but for actually more bill is 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 it was the moving and shaking of us markets this week other than sanctions of course we're going to start with when does when to use 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 leave our show within three years the company and to devise a market twenty seven pounds one hundred eighty restaurant over ten year period but there's no new ownership in the plans have changed with it tracings has hit gas from with a negative outlook its long term foreign and local currency issue with default raising it triple b. they didn't see said the ratings were flat to cost the gas from will remain a vital gas supply a two year. despite competitive play school presses and now its sales to russia
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have fallen in something the first time the french call make over as you say controls russia's not just come a captive asked said deliveries to vote for him 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 cabbies got on because we've always spoken about rough nafta 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 similar to this house and m. 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 it's on the bad side of u.s. sanctions you'd think that those two factors would make their value plummet but no i mean two hundred thirty dollars so this game makes no sense i don't understand how you can have such
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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 wells on the scene later on back to the c.z. i could buy for now and thank you but what saying now this is mission impossible for us so i'm going to go see if i can find some crazy one not to myself and i still think that's a tough one because i think the. death row inmate joseph would run. that in pain during
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a two hour execution this prolonged suffering was not part of the plan and not constitutional but an accident and not quite a unique wanted that just this year in both oklahoma and my native ohio there have been botched executions due to complications with lethal injection one judge alex kozinski who voted to give would a stay of execution due to the questionable nature of lethal injection drugs said that the good old firing squad would be a lot more humane and his opinion eight or ten large caliber bullets fired at close range and a massive damage causing instant death every time i think with the injection is popular not for the executed but for society as judge kozinski said shooting someone in the head with a machine gun is instant death so why don't they use the firing squad because that would be messy and raise questions quietly injecting people way from prying public eyes allows the dirty deed to be done without the hassle of ugly news footage i think that it says something odd about society that we must kill the wicked and murderous but could you do it in
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thanks for staying with us half hour after the half of the hour now kiev continuing to tighten the noose on anti-government resistance in eastern ukraine red marks on this map put together by ukrainian media live show areas still controlled by the opposition they are shrinking on a daily basis areas under heavy siege include the eastern regions largest cities donetsk and lugansk with local authorities saying the situation is on the brink of a humanitarian catastrophe out of all the disturbing images coming from the region these are some of the.
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