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tv   Venture Capital  RT  August 10, 2014 8:45pm-9:01pm EDT

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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. u.s. and norway all off the menu but the drinks menu is said i k i'll go is not affected neither 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 and the new bite back measures i'm now joined by alexia sokoloff head of the learning center who trades dot com alexis these measures are designed to hit the question is how ha's are they going to hit back and she didn't hit back. the fun part of this murder
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you. odd going to head back. just trying. their on the other cultures circuit or i am. on the economy in. the. sun turned into. the european union the law gone. and. all the contras who provided an agricultural. products for a russian market so presumably alexei the russian farmer is going to be the biggest winner in all of this i think this year will be much more profitable for auction farmers than last year or. maybe it will be the best year for them. from all the years. beginning of the ninety's ok but what about our
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european farmers and the average kurdish 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 really ramp up their exports back to their homeland to europe domestically what will happen to them are going to european farmers who. will have a lot of problems. i think there are going to her. real crisis in. the pharmacy or in culture sector over on the men and. there are going to. tell the their products in the most the markets. those markets so wide there are a large garage and one for the average consumer what does it mean kuwait expects loads of cues in the supermarket the people to rush out and store up what can we
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expect do you think anything to back to it like that is going to happen. for every consumer as a main point of from this action is. everybody are afraid of a prize growing. government promised the prize will not draw a lot. of the sunshine. they will hold for ours is for for all those who which are on those auctions now thank you addison not like you say that 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 the european flights currently take is saves four to five hours in flight time unsaved a thirty thousand dollars for each flight flying if russia does decide to hit back using simple geography. and this is the route the european flights would then have
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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 you know 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 we witness international airlines shares were down we had air france down the thin air and american airlines as 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 scenario 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
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minister sergei lavrov he denied such action would take place this week despite the rumors and for this very reason actually because of the holiday makers now moving on russia and iran agreed on 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 at telling the country's nuclear program russia trade is already worth five billion dollars a year so to discuss the implications of such a partnership at least hello from the average channel thank you for coming in i know you know this region very well 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 here why would they want a run in oil were all before. saying why washington needs this oil we need to know
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how much oil actually to get from your own because the numbers we've been hearing about the quantities very significantly one thing is if russia would take say half a million barrels per day off i mean all this is one story and on a different story will be buying only fifty thousand barrels of arriving all day that's a different that's a different story it's a huge difference of see the implications of how much is huge is well as we're waiting for the final details of that one that 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 will 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 freight is very important well given that both parties iran or russia of course are subject to a western financial restrictions given that it would make sense for for them to trade in local currencies and there will russian ruble here looks in
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a much better shape than the iranian iranian aerial ruble is a much more stable currency so this option would allow the two parties to skip the western financial restrictions and to manage to risk yet they don't get traded me here and the us dollar just be independent from the us suppose that's the idea ok so russia's going to get iran in 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 washing grain would find the markets in the wrong as well and let's not forget that worse than businesses are waiting for a call if i may say from their politicians because they want to throw it so much with iran and well but of course that question depends on whether the west and iran would strike a deal on iran's nuclear program that's what we are waiting for and it's being negotiated out what nationality yes sure sure but russia not. is moving before hard
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on trying to secure a share in their only markets and he sank you so much indeed for filling us in on all of the details that very interesting stuff because it seems at the moment you've got the sanctions against the norms sanctions that we know september the night 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 doctors 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
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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 russia's biggest 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. ok now it is a kohak let's join tim cabaye what are you up to so it's been last week all year how to cure it it will. always be but then again maybe it's actually not because they found out that legendary russian brand of bolt has actually been completely bought out by foreign carlsberg so unfortunately our diverse with does not count because it's no longer. trading had made
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a little bit of an error we have to get rid of ball to sadly sadly one of my favorite products on the wheel and were replaced with something that's very russian and both good ways and a couple bad ways. makes me question did you have too much beer before you put on the whale no no but when you look at the picture and you see that big frosty mug you think well 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 oh so and soul 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. i think. 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
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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 one wish 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 little bit 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 to be because well i reckon that michelson faith in the cave you look you're talking to this is a natural reflection of the person you work with. so we. will 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 well done i know that the russian car industry has taken a bit of a battering in recent years i'm rudi interested to see how that mom would do it i don't drink and drive though i know that there's one thing i don't. because i do
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admit i do not say to you i had always a prize out really informative this week and good luck with the calls arriving and that's a wrap so this week thank you for watching and the same experience they seem to all take for the news updates good life. in december two thousand and ten. more likely to be raped in college and in the real world. i don't think people did that to each other when they knew each other i thought rape was a stranger on the bus this. girl complaining about the son of an alumni gives millions of dollars to the school why listen to somebody who's going to lose money at the school of schools that make money based decisions are much more common than
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they would ever admit publicly. but if you will come on in a lot of these communities face i think sometimes you need both. a pleasure to have you with us here on t.v. today i'm sure. there's a media leave though so we leave to be. part of the sea motion see your. play you call it the musical. shoes that no one is asking with the guests that you
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deserve answers from. politics. did you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open process is critical to our democracy albus. in fact the single biggest threat facing our nation today is the corporate takeover of our government and across several we've been hijacked lying handful of transnational corporations that will profit by the steroid what our founding fathers once will just i'm job market and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem try rational debate and a real discussion critical issues facing america have fun you know ready to join
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the movement then walk a little bit further. in this edition of the weekly we look at key events across ukraine including the conflict in the east then more protests in the capital at central square. also moscow imposes a food imports by responding to e.u. sanctions while ukraine considers halting russia's energy transit to europe. israel and the palestinians agree to another seventy two hour ceasefire after talks in egypt that folds a week of violence that has continued to tick lives in gaza. and also this hour u.s. jets complete four runs of strikes against hamas in iraq amid accusations that one .

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