realist brutality but israel continues to act because it feels it has impunity that is the united states government continues to supply arms and provide diplomatic protection for the genocide that is taking place in the european union wrings its hands but continues to engage in business as usual with israel. we'll bring you up to date on ukraine in a couple of minutes including more shell shock in the east. caught up in the standoff between the army and local militia in the region so we've got the update on the week's other global headlines off for round up all russian find business with. just over a minute's time. clean

more zero casualties war this is the great fantasy of war mongering politicians. capturing people is this what do you do if the innocent killing them easy we were serve the right to kill any person anywhere any time. you don't listen to him but they come around much these things are very. politicians. a new kind of power yeah this technology savvy is very tempting.

to lay that well cause offense accomplished so with me. today from moscow is iconic red square not his it is the peak of some rights and for any how this plays has been averaging around thirty degrees celsius if we could get outside and make the most of it why not. and that's been plenty going on as far as the russian economy is concerned so 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 to 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 the roughly asked yes tim covey he invested in that company this week about the will land and i'm more intrigued in efforts 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 the coffee he was arrested on for 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 bankrupt you coast and

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 and he was a business partner who fled to israel to avoid prosecution and he has about. a seventy percent stake in that company imus nephilim was found guilty of organizing five mudders he was sentenced to life in prison and the courts never did that sentence as we know it now obviously this has the makings of a hollywood movie a drama it's got the mud is it still going on it certainly got the money that i spoke to most based journalists he's a political analyst as well and career. and his what he told me. so in your opinion

was if 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 charge even though russia's party 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 accounts we look at what's happening right now we're saying she's from the quote unquote obviously russia and 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 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 frank ourself the case is going to want 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 it's rich people they're going to get even richer yeah yeah you know 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. 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 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 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 gross enough 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 have all of that is exactly what's going on but listen let's talk about mikhail khodorkovsky yes because some would alkie 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 this he was politically 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 where the prime minister be the person in power and if you bought off the duma it's a shoo in because you want to form now this is just back away from of course and a lot has been written about 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 quiet and i don't want to dictate themselves by this waiting by the hague which is designed to was very bizarre and 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're right richard which 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 russia seem to be the new rogue state so to speak i mean as you see with the tragedy 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 touche 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 that four hundred billion dollars gaston is going to testify just 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 you know 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 very much you know makes this so to present to see you know one of 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 analysts and that's what

makes it saw intriguing for me indeed all right thank you so much indeed talking to me from moscow as red square on this rather 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 oust their sanctions this week they have been. against the. 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 well as particular technologies that are used in the oil industry you know when it comes to these high tech machinery companies who 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 rust after we know the c.e.o. of the companies already on that side 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 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 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 action more bill is much more important so that is why in my opinion then when we

have this 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 this my mother's name actually started like this company now it is america's third largest hamburger restaurant chain and it will close at eight restaurants and leave within three years the company and to devise a market twenty eleven compound one hundred eighty. the restaurant over a ten year period but there's no new ownership in the plans have changed the way that it tracings has hit gas from with a negative outlook its long term foreign and local currency issue a default raising it triple by the agency said the ratings were flex fuel costs that gas pump will remain a vital gas supply and to europe despite competitive playschool presses announced sales to russia have fallen sharply in the first time the french comic which will say controls russia's largest comic after vast 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 cubbies got on because we've already spoken about ross 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 us 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 rust 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 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 day well don i'll see you later on back at the c.z. i could buy finish and thank you but what saying now this is actually way 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. death row inmate joseph would rise in pain during 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.