towards it amy we it's a truism asia is the center of the future ok because of economic trade because of populations all kinds of things but i mean real political events on the ground now or shouldn't make the european start rethinking their position these would be the atlantic world yet to make these a previous christian and he's went you know is a trust is a nice thing but it depends we need rules of the game of the rule of the game change we are not in the union or to a word you know russia is buck. china is there not on it you know he said that iraq is not back now saying should impose mazie us last volley of the sanctions not to be appreciated to europe and companies and they sings historical reporting in east for europe now. our partners in europe are always that way that we have the opportunity to stop when there's a sanctions everybody forgets that every six months right iraq

a story new sanctions or not under all unanimity. agreed but i mean the europeans have not shown a lot of strength let's put it that way ok we're going to look to go back to two thousand and three in the illegal invasion of iraq i mean france and germany were if they didn't back it but in the end they went along with iraqi i mean is this a turning point here because i don't i hear this from europeans all the time but it never nothing changes you know it is but my point of view is that it's very dangerous for europe because if we continue like this first we go against our interests which is bad for our companies but of your point companies are he is about forward population that is about for europe because some countries you know it an easy example we can go out of this agreement generally in europe so europe can explode when they if we not so it is problem i seems the president michel as an historical opportunity you know is the goal is to

a deuced this not to say stop the constant let me go to you because i think it's really interesting and when we look at a greater eurasia political economic and trade space is this a duplications of western institutions that were put into place after the second world war i think of the i.m.f. bretton woods and these kinds of institutions are there's a there's a interesting literature about the world beyond the west or parallel to the west is this something you would see because there is a hedge a mine in the west it's the united states but if we look at the you're asian space would there be a hedge a man would be actually more democratic in a way go ahead. per. person hala i would like to come to two points i believe so it's a question of confidence and trust is something where we should be i believe quite objective and say to world has changed so world has changed and i believe that with

good coming big to what we have seen is a basis in where we have a strong confidence between us i believe she says changed dramatically i believe since it's indicated a europe is to take in a very short time frame a major decision about what it stands for our is is a europe of twenty seven is you so europe between france germany italy spain into fuel as most of what you what will be a future of europe it's easily says well question if we can see some parallel ities between what we hear from chief in european as the argument i say chansons is world and i believe say it asia has a huge chains as well to elevate to belloc something which is bringing more nations together as in up to now and very interesting developments not so much about the buckra see i believe this is something we should put an aside for surgery and i

believe if you are looking to a state as speedster says are countries who are developing in a certain sense and you have a parliament but say are coming from a long story which doesn't allow to to sing. in categories of to countries and i believe that we speak in standard reeses strong to addition in menu fracturing could be a very good complementarity for both of the countries and so lets him keep some time help subsidies manny's. d. to develop these economies and i believe these will be the investment money. because i mean it's interesting you talk about it. because it turns a very interesting story and very interesting model but when we think of the eurasia speech everyone moralists things to what degree you know good alexina just china will eat. chain does indeed pretend to be leading since the

famous speech by siege and been in divorce we feel to the viking left by the superpower on the other side of the atlantic but i would like to quickly come back to your question of trust and bring up one fact as an investor and part of the group of my professional people having our own crystal balls looking into the future having our models and allies in corporations companies how to preserve wealth and purchasing power for decades ahead investors do not. me evidently feel the same prices do not display a new gloom if you look at financial markets bond yields are very low equity valuations are very high so investors a hippie company say investing at record levels banks who are recently aware sort of put it aloft as. non-existing profession are turning out ten percent return on

equity on tendency of assets so financial markets are doing well so i frankly think that a lot of this trust crisis is more of a political. phenomenon where politicians use that record it's addressing the domestic audience as well using the weapon of sanctions as more than rhetorical it's very serious and it's a form of warfare that i think people underestimate a lot ok i mean when you think how many countries in the world that are under sanction by the united states it's extraordinary it's extraordinary. in july twenty second two hundred also to a freelance journalist working with a. militant showing in syria. took on a sacrifice has established a holiday for ten memorial day the reporters often risk the sake of the truth and through that. you can submit to your published works in

a video well written form until june the twenty. two will go to t.v. dot com. gunning she. does she don't just been talking to little jacob there on the stand on the bus on in that article on its own citizens of what he calls a still small box going to. cause i don't we don't sell him the old movie that

to those off putting their noses on as it does audacity. i've been saying the numbers mean something they matter the us has over one trillion dollars in debt more than ten whitehall or farm stamping huge debts. eighty five percent of global wealth he longs to be all for rich eight point six percent market saw thirty percent rise last year some with four hundred to five hundred trade per circuit first shock and then bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only numbers you need remember that one one business shows you can't afford to miss the one and only buddha.

play. i'm peter lavelle i'm host of parties political discussion program cross talk and we have a over very interesting panel here to discuss this issue of trust let me go to the period i'm a businessman so i will give you a. point of view it's clear there is no business we don't trust forest what is important. is there is unions there is

a you there's there's or asian economic reson economic union for us we won't more integration be the european business meant more integration which is why and way i don't get it but. i will tell you it's very fit seventy percent in russia seventy per cent and saw white more or less in his origin he could make you can see where the president of the free and direct investment group. that's all ten percent american and the rest. and china is of the. income of investment it's not a lot because we produce is it means there are european companies produce here produce in russia produce in kazakhstan pretty things are you know that we have kompany we met is complaining is that these companies are against of course the russian those are asian economy two hundred low but we manage them and we have a program we have got to address as a result or it is of the commission of the region economy kunaal and so so we are

here and we don't want to go well if one of his or a lot of us got it whatever it was they were you would never read that in the new york times you let me go to our front row here to this completely open after everyone here. thank you peter the discussion so far seems to see has avoided the theme from atlantic to pacific i just want to reset point yeah i want to pick up on this idea of a parallel world of business and transactions and i think that's a very valid a dear things have become different from the cold war times we don't have a classic cold war we have a confrontation between at the top level between the governments and still a lot of contacts a lot of interaction but of meetings and so on between the societies and there's a quota you feature and it also applies to business because we have a cold war or an appearance of color but the business still still the there is the

issue of sanctions. which is extremely important and which actually spoils a bit the specter of a parallel world which is independent of politics i've been speaking to quite a few people in the european union and at the very top level and i say are you against sanctions or yes we are very much against sanctions so please the council of the of the european union say well maybe this is due that will support them when i talk to the italians they say well if the spanish do that we will support them i say come to our sons and i say look but tell it please you i guess the sanctions against russia you have to tell you no they are greece you can afford the orthodox unity but that's only vigils that is a group they can't say no and so medical when she decides what to do in order to keep the unity of the european union. this we will be the lead wonderful renew the sanctions every six months without discussing this issue because it will be yet another issue of discord in the european union but the problem is that you know we

are sort of seeing which you keep point and we didn't speak about it you say that the people are if you speak with the top political liberal guys you are right and if you speak truthfully right here but some people say what they see i mean them to them but you know for the business community as a top c.e.o. of the big group what happens easy after subsidiary in the united states they are legs this cannot sign nothing because they are blocked and when the not even can go again due to new york or washington united states and their company and system blogs and their legal their legal opinion who does really good opinion our american friends when you weigh those just easier means block so we have to stop the extract only eighty of the law all of us in europe and i want to party if not you are blocked that's no way to read our liason friends are odds are good we're going to get. to sanctions you need

more than one country this is their rule of their of the union. but i want to return back to their plans to the pursuing. we have we are all from europe here and this general we have to understand to be to a failed twenty five years ago when we had an opportunity to build a common space but one of the reasons why we failed was because we didn't have a common theme or common goals and now russia and other countries are proposing us a new common goal. building their way to eurasia space including japan including to eventually indonesia we are having a new opportunity we have to think differently and maybe if we go in that direction together we will build the foundation for trust and not the building of course

against cheney's because i have been recently to germany i mean we will remember i mean war and some of our june friends i mean let's unite against china our no way i mean let's unite with china. two points to first point is about what you have to say many people in europe have two days of feeling what you bitch ass mentioning said russia is moving east and less committed to your avestan european orientations which would be i believe a shift of paradigm yes and it could be a development which still will be and you'll be in new wake of distinction between mr new europe see e.u. and russia and i believe said we must be very careful if we say said we have a common history set we have common values between russia and europe not talking so much about c.e.o.

but about risks in europe especially i believe said she should be a point which drink us again since a question of trust and of confidence and you know it's for us is especially as coming from her point of view we have so much common links between russia and germany history literature says terrible valar be grateful for what you have time for our unification and whatever so we believe said we would not like to keep this up we would like to be close to russia if a remember klaus a statement on here on the same subject five years ago he would have said oh no russia is a completely european and as you couldn't even go east for think this now he already ambivalent about that whether i mean klaus in five years and then we were you'll say that let's go together. because you are extremely wise yanks removed the

far reaching effects through thirty to go one of the few three germans i know saying that will happen and sergei we know each as an hour since most enjoy indy five years and i and i believe really. what i wanted to say is said we want we must have in europe together with russia a very clear strategic aryan nation we have to go and i believe see this is even more important after see iran decision of the united. believe where we have to lurk and where should we should have as well a new basis of confidence and we should we should bring out says doubts which we have actually about a strategy of russia very important whether. europe will pass the test of iran because everybody says let's keep the deal now america has agreed that european companies will leave iran mostly and the european union will not compensate around the losses of you know if europe is dragged into the u.s.

sanctions against iran against its own will then the test will not be passed and if you don't which i think is an additional officers actually like they write i would say to my german friend of the week we can ask. friends we went to be sure if you go if you want to go more east and west we do everything to put them in the arms of china i knew we are lucky that they are not completely insane and of china because right on the best four million a year. when. the un very ridiculous the us is very easy you know it's the biggest market you do work for a company is very young when you're around them in the u.s. if there is one i go when i close i prefer to preserve iraq i prefer to grow the u.s. of course not us as a but you see of the ways your interests if there are more training more investment in your own but you're running a lot more in the u.s. so it's very easy let's go to the front row here. well i think so

far you know by hearing this very lively discussion and debate i just want to make the following point. first of all i think there are. china russia economically quite complementary. or has a surplus of capacity in beauty infrastructure maybe well over doing that in china but china is good at doing that. aetiology aside i think china sees that as a precondition for economic development and secondly china is taking. protection now extremely seriously again because we have overlooked that for so many years we are paying the price so russia has a competitive advantage in arm that front. i think central asia is extremely

important i don't want to d. and present that but i think central asian hisself won't move the needle when you look at pacific when europe saw economically i do see the rationale for china russia and germany not to form a lines but to create more synergy economically this is the chinese leaders perspective precisely because these two french gentleman have been arguing against each other chinese leaders nothing they only take germany seriously your. hate to see this i believe really is germany has a strong interest very strong in the west say to gauge you to dredge ition you through history you do a lot of. set we should come back to a leadership role in europe russia take western orientation we have

no interest at all said russia is moving east this is not in our interest but you have says not have not shows that you have to choose. at israel so we had to make that suit matters over the lactation you credit back to life it's not black and white i believe will i think there's a man in the white house yes well yes but for. charlie but i believe said we have to make sure said we are doing a lot of efforts as europeans is specially scenes sees united states irrelevant said we are doing everything to bring says sanctions down and show you know is my opinion about your cause to arizona i think the litmus test is going to be your energy policy vs you know what europe's energy is how she's been made in washington d.c. right now yes and it really to make that relishes as well since it's not black and white you will see said we will find a solution for. not straight to into next couple of weeks i don't know it sets

american serial here guys you hear and knowing say it's americans will not lie gate and say it's a deal so they look for us a ways and means to bring make between see tonight it states many and you so i believe c.c.c. is what we have to be aware of but i am sure said we have faced well as germans are very strongly looking to see united states said we see that say something changing if it comes to see over all let me say excellent relationship which we always had between germany europe and the united states iran is a critical point yeah a very critical point and you said the united states would take the addition decision against not without but against a european very key a read taishan will be sweet somehow fascinates fauci beautiful all right we've run

out of time i hope you've enjoyed our panel here from the atlantic to the pacific creating a space for trust here at the st petersburg international economic forum thank you for being.

and for a steel. ball your. kids are.

going on in kim's illness does she don't consume jelly fans or can do it on jellyfish feeling the sting of undoubtedly will soon enough that equal distances of songs are what he calls the stance me going on in jindo listening to so don't be dense it only i'm doing a little with that to those off putting in a song is a downside acid all to the sitting on. my uncle with the kids in complete single boy tonight somebody. from the food company because. it's not. going to.

let. me move. on. to move this because a i'm listening to. this. is not someone. considers it. a million. this hour's headlines stories this schedule for dole trump on kim jong un's highly anticipated u.s. north korea summit is revealed the leaders spend time seeing singapore ahead of

crunch talks there on tuesday. teams from around the world arrive for the twenty eight team fifty four world cups plates are continuing to push stereotypes within russian football society to australian film makers team here to try to find some of the hooligans playing well documented on t.v. . there are no slipping there on the fence. the nine year old girl is placed in review for her addiction to an end game after her parents found distressing changes in her behavior a former hacker and a psychologist talk about these. things. and i think computer games have been around for a long long time our children are losing a little bit of the site as to what's real and what's going. verts well.

wherever you're joining us from right to run the world this hour a warm welcome to moscow and to our to international my names you know neal good to have your company top story some of what to expect from choose these historic summits between the u.s. and north korean leaders has been revealed by the white house in five hours time donald trump on kim jong un will hold a one to one meeting accompanied only by their translators delegations from the two countries will then convene for talks on a working lunch it is hoped the discussions will lay the groundwork for peace on the korean peninsula and this far as washington is concerned it's all going well so far. they're in fact moving quite rapidly and we anticipate they will come to their logical conclusion even more quickly than we had into subpoenaed and we'll see

where we get but i am very optimistic that we will have a successful outcome from tomorrow's meeting between these two leaders it's the case in each of those two countries there are only two people that can make decisions of this magnitude in those two people are going to be sitting in a room together tomorrow it will be the first ever meeting between a sitting u.s. president and a north korean leader and singapore is stumping up an estimated fifteen million dollars for hosting the one day event and the settee delves into what else makes the event so significant. when it comes to the on off summits between the u.s. president and north korean leader it appears trump has a track record of making impromptu decisions and this historic meeting may fall on another swift judgment how long will it take to figure out whether or not they're serious i said maybe in the first minute trump's own level of seriousness is hard to measure so far we've seen insults and threats of

a nuclear war which have suggested anything but progress in the past north korea best not make any more interest to the united states. they will be met with fire fury. like the world has never seen a frightened dog barks louder i will surely definitely tame the mentally deranged us daughter with fire now the stage is set the capella hotel on sentosa island sentosa meaning pace i'm trying quality perhaps at least the name will rub off on the fire relatedness when it comes to negotiations is set they shouldn't even enter the meeting room fly the same door this is to avoid perceptions that one into fest and is waiting for the other it will all be choreographed through with the president and mr kim each side will try to add some stops to get advantage the question that hovers a very many decisions is how you will choose the menu.