romantic protection for the genocide that is taking place in the european union rings it stands and continues to engage in business as usual with israel. coming up we'll bring it up to date on ukraine in a couple of minutes including shell shock in the a says small traumatizes that means a cold up in the standoff between the army and local militia in the region found us in about twenty minutes time more on that in the weeks of the global headlines off to run the poll of russian finance and business with katie pilbeam of. fish farms waters do you have a pond to me because. i saw it spread all over norway is the most toxic food you have in the whole world. drowns out in the fischel inquiry further more

restrictions. on. what's inside the. u.s. military was built to square off against the soviet union. over western europe and 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. i laid out well ken said fancy can't let me take the pilbeam and something today from love those iconic. red square not because it is the peak of sunrise and

boiling but this plane has been averaging around thirty degrees celsius and 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 so it's quite appropriate we are going to be talking about those of us. sanctions that will target the russian economy and the peculiar sectors 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 role snatched yes tim covey he invested in that company this week that's where 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 now 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 poll concluded that the primary objective of the russian federation was not to collect taxes but rather the 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 leonid mess when 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 murders 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 it certainly got the money that's for sure and 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 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 parties who 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 the current contemporary context 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 to try to make russia appear on a tractor 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 for fifty one billion dollars and unfortunate a lot of people are 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 largely by about four other all groups they're all russian if that russian nationality is rich people they're going to get you. yeah well yeah and actually actually to make it even

worse let's just say they get this money hyper hypothetically is going to be laundered right back into politics is going to come right into the russian federation and try to 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 all your portion if they want to pay yes i think that's what they're trying to target trying to target well as i mentioned the part of the corridor 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 yukos them by yukos 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 her of course because yes 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 i was 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 the short form now this is just back away and 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 wording by the hague which is bizarre it was very bizarre to make sure. 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 the e.u. how schizophrenia can it really get how serious could this get because if russia doesn't pay this fifty billion dollars what happens then because as it seizes you 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 there 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 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 two shot 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 what china be recognized russia and china four hundred billion dollars gaston is going to step in just the beginning 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 this so you present to see you know what if this yes this is a multi-factor 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 it so interesting 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'm going to talk about sciences. because the

u.s. and particularly the e.u. is 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 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 do we know the c.e.o. of the companies already on that station if you go searching for more details on all of this and 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 this 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 work for example projects there 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 that is why in my opinion then when we. russian companies but of course we were before the companies. ok now time for corporate see what's been moving and shaking the us markets this week other than sanctions of course we're going to start with when does wednesday is 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 also within three years the company and to devise a market in twenty seven pounds eighty one hundred eighty restaurants over ten year periods but there's no new ownership in the plans and changed the way that it tracings has hit gas from with a negative outlook one of its long term foreign and local currency issue with the folk racing at 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 has fallen sharply in the first time the french comics which you say controls russia's largest comic after vast said deliveries to russia had 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 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 similar to us house of 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 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 so this 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 say well don i'll see you later on back to the cd i could buy for now and thank you but what saying now this is mission impossible for the. i'm going to go see if i can find some crazy why not into the

south and i can't think of that but if i think they. are a few weeks ago we discussed detroit's plans to shut off water to those who can't pay their bills logically what a basic human assessor he could get taken away some protesters gathered to give their opinion on the issue at our plaza and what is the response from the state maybe some sort of dialogue or explanation as to why they have to turn off the water you know they turned up on the high tech quote non lethal weaponry against the protesters they used an l. red system which basically blasted the protesters with sound which sounds but intended to humane until you look into it and read that the weapon can cause permanent he.