reports the russians still make an effort to spend on gold and with the new company on the london stock exchange we have the details in about twenty minutes time. you're watching r t coming to you live from the russian capital welcome to the program and all to our top story the arctic's on tap natural wealth is a source of great temptation for the countries surrounding the icecap of billions of barrels of oil lie beneath the sea and the arctic nations are keen to secure their share of some of the finest scientific minds have gathered in moscow to make sure a different kind of cold war doesn't break out and let's get more now from qatar you know. no to you now with all these undiscovered natural resources could we see the arctic becoming a reason for a future conflict. well it's really a lessening a lot of interest all of the. untapped resources in the seabed in the arctic of course the oil the gas the minerals that's got enough basically to make a many countries drool and wish for a bigger slice of the pie of course the five major contenders in norway denmark russia the united states and canada

that the russians do make of seven dollars trying to get gold at least the new company on the london stock exchange with the details about twenty minutes time. you're watching r t coming to you live from the russian capital welcome to the program now to war top story russia will not supply its advanced air defense missile systems to iran the chief of staff of the russian armed forces says moscow shelved a plan because the missiles fall under the latest u.n. sanctions on iran would alter our lives to our kids are going to know for more how they're jaeger now moscow has an agreement with tehran on the delivery of these weapons so has that agreement been cancelled. well according to. the chief of staff the a forty seven decided not to supply nice fast three hundred missile defense systems since the fall directly under the latest set of the un security council sanctions on tehran which was adopted back in june and it limits conventional arms putting ships thanks attack planes military helicopters. and russia says that it complies fully with the publication's all these sanctions and with the united nati

apparently you're going to be bombed and they are there in the frankfurt stock exchange they're in the new york stock exchange they're in the london stock exchange they're in the shanghai stock exchange creating magical thinking and and turning assets into liabilities wealth into debt and that's what they're doing they're well whoever decides to take on america's massive liabilities rollerskate at the bombing of the american can only make money in two ways keep printing bad paper bonds or war were fair so it's either welfare or bombs or warfare bombs we've got welfare bombs on wall street that are selling phony counterfeit bonds and then you've got warfare bombs in the pentagon who start up ridiculous wars you know a lot of people say hey you know what since not a lot. when there has been another attack on the us you know what they don't need to attack the us again they did what they set out to do the economy was destroyed by moving on to do other stuff i mean the us is done well speaking of done here is the next headline downward mobility report us family income has tumbled steeply in the last decade the inflation adjusted income

service dollars reportedly planning to spin off its gold assets and list the new company on the london stock exchange the financial times newspaper says the offering may take place later this year and could be worth as much as four billion dollars sizing people close to the company the paper service style will retain a seventy percent stake in the gold unit have a star has been expanding its portfolio of gold assets in a series about positions including the recent purchase of canada's crude gold meanwhile bullion prices are currently at record highs as investors use the precious metal. against economic uncertainty inflation. and i should update for this hour we can always find more stories on our website r.t. dot com slash business. it's a. mum. mum . mum. her mum coming up. this is street still keeps its secrets but now it's time to reveal the him and the soviet fines house on the embankment and on t.v. . more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. china corporations are on the day . every month we give you the futu

service dollars reportedly planning to spin off its gold assets and list the new company on the london stock exchange the financial times newspaper says the offering may take place later this year and could be worth as much as four billion dollars citing people close to the company the paper that seven star will retain a seventy percent stake in the gold unit have a star has been expanding it for failure to go in a series of acquisitions including the recent purchase of canada's crude gold meanwhile very own prices are currently at record highs as investors use their precious metal as a hedge against economic uncertainty and inflation. you can always find more stories on our website r.t. dot com slash business. close-up game has been to the our hangal speech. where the first russian fleet was born. r.t. goes to the area which holds tom position in oil and gas resources. where the biggest russian salmon can be our processing factories located. and where unique species of foreign fauna can be found. welcome to the suckling region. should close up on our teeth. let's. say. wealthy british style holds th

service dollars reportedly planning to spin off its gold assets and list the new company on the london stock exchange the financial times newspaper says the offering may take place later this year and could be worth as much as four billion dollars citing people close to the company the paper that's the seven star will retain a seventy percent stake in the gold unit have a star has been expanding it for failure so it's a series of acquisitions including the recent purchase of canada's crude gold meanwhile very own prices are currently at record highs as investors use that precious metal as a hedge against economic uncertainty and inflation. and i should update for this hour you can always find more stories on our website r.t. dot com slash business. her. new. book on the internet. this history still keeps its secrets but now it's time to reveal the hidden in the soviet files house on the embankment and oxys. when the news is not enough. when it's something really crucial when you want to get down to brass tacks women special coverage. this time the latest news from the international market for scienti

service dollars reportedly planning to spin off its gold assets and list the new company on the london stock exchange the financial times newspaper says the offering may take place later this year and could be worth as much as four billion dollars citing people close to the company the paper adds that seven star will retain a seventy percent stake in the gold unit have a star has been expanding it for radio gold assets in a series of acquisitions including the recent purchase of canada's crude gold meanwhile very own prices are currently at record highs as investors use their precious metal as a hedge against economic uncertainty and inflation. not sure update for this hour but you can always find more stories on our web site at. home slash business. culture is that so much a given to each musician a person finding a ride home to mark one another drumbeat towards war are the u.s. or israel preparing an attack on iran is to read a thread to which me. when the news is not enough come up when it's something really crucial when you want to get down to brass tacks when you bring up the special coverage. t

seven dollars reportedly planning to spin off its gold assets and list the new company on the london stock exchange the financial times newspaper says the offering may take place later this year and could be worth as much as four billion dollars citing people close to the company the paper that severstal will retain a seventy percent stake in the gold unit severstal has been expanding its portfolio of gold assets in a series of acquisitions including the recent purchase of canada's crude gold meanwhile bullion prices are currently at record highs as investors use the precious metal as a hedge against economic uncertainty and inflation. the market for retail financial services in russia is still under developed the bulk of people living here have no private pension plan hold no insurance or any other form of investment product this is unlike more developed economies where nearly everyone insures their home many insure their life and health and hold private pensions under a debian you pay and director for corporate and partnerships with a view russia explains why. the russians are buying less insuran

sevastopol is reportedly going to spin off its gold assets i'm listing new company on the london stock exchange do you think that's a logical move for service style yeah absolutely i think if you look at what normal cynical do with polish gold basically arsenical is a seen norma's nickel producer to make a lot of copper as well make a lot of a platinum and palladium and they have this sort of gold assets that were trapped with inside the company that was sort of lost if you will in the entire in the overall scheme of things by spinning out policy on walk a lot of values people can actually see the numbers and people could actually get a feel for a separate business that can grow on its own and find itself on its own a service was doing the exact same thing and i think it makes a lot of sense for them in the key thing a service was really done is they've used they've used their capital to acquire assets that were in trouble and they used their know how in their management skills to turn around those assets basically putting in sweat equity if you will and they created another capitalizing on the

stock exchanges and they do not come to mongolia. so we would like them to have a listing so to do that we have to invite international management. >> rose: have you said that london stock exchange is most likely to win the bid? >> this will not be up to the government to say really the final thing because the decision as i say is up to the independent body of management and the property committee so that they will decide. but it's a strong candidate because london is more of a mining specialized stock exchange and so i think this will be a decision to be made by the independent part. >> rose: mongolia is a big country, small population, lots of mineral resources. >> exactly. >> it's developing market system it's got enormous opportunity. it's got a predicted double digit growth in its g.d.p. what's the problem? this is the expectation of what we're talking here, advantages. the still high rate of unemployment... >> rose: what's the level of unemployment. >> about 4% or 5%. but it's... it's just officially reduced to... the ones who have officially... there are quite substantial number of populations who are not registered yet. and in terms of poverty level, we ar

. >> the fact this is happening in a stock exchange with a green and yellow flag says this is not in frankfurt, london, or york. it was the sao paulo stock exchange that launched the biggest offering and global capitalism. >> the money will help them tap into the huge reserves of brazil's southern coast, which are believed to hold more than 50 billion barrels of crude. they currently have the exclusive rights to develop $5 billion of that, burning brazil into the top ranks of the world's oil producing countries brazil into the top ranks of the world's oil- producing countries. >> i asked our correspondent how the ipo was received on the new york stock exchange. >> it was such a huge offering, you could have expected some pressure on the stock, but it is holding on fairly well to the levels that we see in the evening session. in general, the response has been tremendous. there was huge demand that wall street obviously it is quite happy with the stock offering and also with the plans that petrobras is following. >> a closer look at the numbers, european shares got a boost on the final trading day of th

stock exchange was closed for holiday. hong kong's hang seng was down in late trading. in london the ftse opened higher. wall street open the day with dow jones 10607. and the nasdaq index picked up 73 points to close at 2315. >>> the internet is buzzing with a rumor that facebook is developing a mobile phone. tech crunch reported that facebook is building a software company. it would give friends another new way to keep in touch facebook says the report, though, is not true. >>> at the box office this holiday weekend. the bank robber drama took in $23.8 million. "easy a" was in second. >> good reviews, should be pretty good, right? >>> next on the monday morning, the latest on the top story which of course is hurricane igor which is tearing across bermuda overnight. >>> and bedbugs continue to take manhattan with the new closure of a very popular store. equals chili's $20 dinner for two. share one of five appetizers, like our famous texas cheese fries. then choose two freshly prepared entrees from 14 chili's favorites, like our chicken crispers with new sweet & smoky sauce, our new slow-smoked honey ch

stock prices in one direction or the other on the final day. london, the markets went crazy, if only for a day. >> the volatility on european exchanges may have causedumerous headaches on friday as investors struggled to make sense of fresh data, showing u.s. consumer confidence falling. our correspondent has more on the day's trading from the frankfurt stock exchange. >> the traders here is all -- saul the triple witching had an influence on the trading in frankfurt. it was a negative one. share prices went down because of triple witching. not just because of the negative and influence. it was also bad news coming from companies and from the american economy. it was a negative week for frankfurt. in total, the dax losing five points. there was a lot of news to digest this week. new banking rules and take over projects in the banking and construction industry. and it was also a chance to reflect on the two years of lehman brothers going under bid up the view into the abyss that traders suffered back then and also the helplessness they felt and the feeling that not all the lessons that should have been learned since have been learned. >> and looking

london, to cities here at home on alert. a new terror plot uncovered. plans for a commando-style raid much like the bloody 2008 mumbai terror attack. >> possible targets of economic institutions like banks, stock exchangeseanne meserve is live in washington for this us this morning. what are we learning from your sources, jeanne? >> reporter: in europe and in the u.s., intelligence talks about a mumbai-style attack for casualties and chaos in a short period of time. as you mentioned, law enforcement sources in the u.s. say the potential targets could end collude institutions like banks and stock exchanges, and the possible perpetrators, sources say, a mix of people to travel easily throughout europe. we have some video purportedly showing germans training with jihadist groups in the border area about 200 have done so according to a german counterterrorism official and among them, the source of much of the current threat information. he's identified as sadiki, a german citizen of afghan descent. he was detained in kabul in july. is currently in u.s. custody and is talking. sources say he lived and worked in hamburg, germany, where he attended the mosque, a meeting place for the men behind the september 1