roughs the bike we took food as most our response to international sanctions and we also look into the potential consequences of running european flights crossing as space to asia also russia and iran team up and agree to an oil trade deal understanding to ease the impacts of such sanctions and some kirby joins me later he's going to be talking about there but first the russian government has imposed a one year restriction on the import of agricultural products on the countries imposing sanctions so beef pork poultry fish cheese milk vegetables and fruit imports from australia canada the e.u. us norway all off the menu but the drinks menu is said ok our goal is not affected me that is baby fruit now in twenty thirteen russia imported six point seven billion dollars worth of meat products in toto so talk about

a money hit so to discuss this issue the new bite back measures i'm now joined by alexi a sokoloff head of the learning center who trades dot com alexei these measures are designed to hit back the question is how hard are they going to hit back and she didn't hit back. the falling apart of the murderers you. know our shop od not going to hit back. just trying to. they're on the other cultures circuit or i am. on the economy in. the. long term goal and to keep the european union a lot going. all the contras who provided an agricultural. products for russian market

so presumably i like the bus and farmer is going to be the biggest winner in all of this i think though this year will be much more profitable for auction farmers. last year or. maybe it will be the best year for them for all models from all years the. beginning of ninety's ok but what about our european partners and for the average polish farmer for example somebody in the baltics what do they do now where do they sell their goods to where they're going to have to wait a round pot their exports back to that to europe domestically what will happen to that odd thing to european farmers who. will have a lot of problems. i think they are going to curve on real prizes in awe. in the pharmacy or the in aga culture sector over on the minute.

they are going to. sell the their products in the most the markets. those markets so wide there are alike are often the one for the average consumer what does it mean kuwait expects loads of queues in the supermarket the people to rush out and store up what can we expect do you think anything to back to it like that is going to happen. for every consumer as the main point now from this action is that everybody are afraid of a prize growing. government for almost a prize will not draw a lot of the sunshine. they will hold for ours as for of for all those who which are on those auction. thank you ever so much. getting what for

us on the streets of moscow braving the elements that russia is believed to be considering the ban for european flights crossing its airspace to asia now the route that european flights currently take is saves four to five hours of flight time and saves thirty thousand dollars for each flight flown if russia does decide to hit by accusing simple geography and this is the route the european flights would then have to take that have to go below bypassing russia altogether now there is clearly well a lot more distance to cover there is longer and that would mean more cost to an airline source quoted by vettel most newspaper says the possible losses for western allies could amount to one billion euros in just three months now this week we witness international airlines shares were down we had air france down the thin air and american airlines well now araf lot also suffered too because the russian airline collects route is from foreign airlines to the right to cross

siberia making it nearly two hundred million dollars a year on average so we witnessed its stock also drops just because of the room and i got just here this is an example of the route that it currently takes it goes right through russia just so that would indeed change should this happen but ultimately it would be the consumer who would lose out and russia's foreign minister sergei lavrov he denied such action would take place this week despite the rumors and for this very reason actually because of the holidaymakers now moving on russia and iran agreed and historic twenty billion dollars deal this week to bypass western sanctions the deal not yet completely sealed would mean iran could avoid western sanctions which are aimed tailing the country's nuclear program russia trade is already worth fine. five billion dollars a yes so to discuss the

implications of such a policy and nice to have from the average channel thank you for coming and i know you know this region for a while so i want to get your expertise on all of it i suppose the question that first comes to my mind is russia has an abundance of natural resources there's plenty of oil hey why would they want a iranian oil well before saying why washington needs this oil we need to know how much oil actually will get from your own because the numbers we've been hearing about the quantities vary significantly one thing is if russia would take say half a million barrels per day or for i mean all this is one story among a different story will be buying only fifty thousand barrels of arriving all very different that's a different story to say here is different sort of see the implications of how march is huge as well as we waiting for the final details of that one the with bated breath as per usual but one thing i do want to talk about we can discuss this

is what it would mean for the russian ruble because presumably the countries would be trading in that current say apart from the issue of the quantity you just referred to katie the issue of the currency of this for it is very important well given that the both parties iran and russia of course are subject to a western financial restrictions given that it would make sense for for them to trade in local currencies are there will russian ruble here looks in a much better shape than they were in iranian the rio ruble is a much more stable currency so this option would allow the two parties to skip this western financial restrictions and to manage to risk yet so over traded me here and the us dollar just be independent from the us suppose that's the idea ok so you russia's going to get iranian oil what's wrong to get them what type of industries would they even want from russia russia is interested in selling industrial goods machinery the oil and gas equipment to iran and even agricultural goods as. russian

green would find the markets in the wrong as well and let's not forget that worse than businesses are waiting for a call from or so from their politicians here because they want to throw it so much with iran. well but of course that question depends on whether the west and iran would strike a deal on iran's nuclear program is all that's worked through we are waiting for and it's being negotiated out with the russian army and yes sure sure but russia now is moving beforehand and trying to secure a share in their on their markets and he sank you so much indeed for filling us in on all the details there very interesting stuff because it seems at the moment you've got the sanctions against the norms sanctions that we know september the might intend russia's going to rob potentially still this deal so we're waiting to see what happens there will we get a backlash from the u.s. if they do so we'll get back in to talk about that why not our enemies thank you. now let's focus on russian of businesses and see what companies have been hissing

at the domestic headlines this week so dr. tour operator well it's gone bankrupt which is left five hundred. customers stranded abroad mostly in greece and another one thousand three hundred booked to travel will not be able to do so or people affected will be compensated bus is the second largest oil producer lukoil is going to sell a network of gas stations across the czech republic slovakia and hungry as it continues to scale down assets in central europe the company is said to focus better on russian projects buses to give mobile operator simple calm has seen the lowest rate of customer outflows in three years the company's shares are still down thirty seven percent since the beginning of this year not all do you do to weak performance in russia still the company's biggest market. i can

now it is big o'clock let's join team cabaye what you up to say has been last week all year hi katie it will. always be your o'clock but then again maybe it's actually not because i found out that legendary russian brand of baltic a has actually been completely bought out by foreign carlsberg so unfortunately our investment does not count because it's no longer trading had made a little bit of an error we have to get rid of baltic crazy sadly sadly one of my favorite products on the wheel and we replace it with something that's very russian and both good ways and a couple bad ways i'll save lives makes me question did you have too much of the air before you put on the whale no no but when you look at the picture and you see that big frosty mug you think wow that is definitely refreshing i have been trying to cut back a little bit on the beer maybe the audience has noticed the smore slightly slender physique but. so i lose hope of a man and i carry out a few well anyways lets see what we get on the wheel to invest in this week and

hopefully it will be a country a company that is at least mostly or partially russian so yes that's what i think yes i'm not going to be too hard on you because you still make money that's the problem it's difficult to criticize you all you just sort of are making money off of was just keep up i don't know that it happened but was the maker of the legendary jiggly car unfortunately is not very renowned for being a very successful company in russia but let's see you know decatur to be honest if i had what it was i would love to be in charge of that company because of all the potential but they just never really realized yet i think a lot of encouragement i reckon you'll the month if anyone's going to do it so we've had lots of not only products stocks to deal with i mean we have today it was because well i reckon i even got some faith in this new look you're talking to this is a natural reflection of the person you work with. so it was. you

know we'll see if this extremely manly product works or doesn't work next week in terms of the stocks i think i will see tim cabaye get figure well don i know that the russian car industry has taken a bit of a battering recent years are muti interested to see how that one will do it's don't drink and drive though you know that they that you know they're going to go to school routes i do i mean i don't know it's cruel to you i case had always surprised up where the informant said this week and good luck with decals arriving and that's a wrap so this week thank you for watching and see you next week they change all tapes of these updates good life. clean. 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 served the right to kill any person anywhere any time. they could be done the same but they can be drowned that's what makes these things are very. politicians. new kind of power yeah this technology that is very tempting. to please speak your language from. programs and documentaries in arabic it's all here on. reporting from the world talks about six of the c.o.r.p. interviews intriguing story to tell you. try.

to. visit. react to situation i have. no i will leave the state to comment on your. thank you. when you question me prepared for. when you should be ready for. freedom of speech and. the freedom to. build a new. mission

to teach me. why you should care only. the week's top stories. of government strongholds in the east supporting its promises with heavy weapons and more attacks. a change of sanctions between the west russia making european business now looking for compensation a multi-billion dollar. after a few. years the ceasefire between israel and palestinians. in the middle of a humanitarian catastrophe. and the u.s. returns to iraq as president obama.