s of figures here for the three day summit in st petersburg from silicon valley we had eric schmidt. and they're actually meeting with all of the officials from the scope of my working signed by fine with them to make sure that this project moves and develop the be as possible so it's a great venue for the movers and shakers as we call them to really get together with these officials and in a very informal manner proves that the way they think that it should be done. was a piece bergen our own business boards in about fifty minutes time and later this hour indeed as well a special edition of our team is on the money program for you. people the form of what lies ahead they think for business here in russia. now on the way as well how to get a face lift in the frost. this russian orthodox church has wandered far from its home on sean thomas in and to go and coming up on our tour we explore the world of the southern most the russian orthodox church. the latest show to find seguin syria's president assad has seen at least another sixteen people killed as thousands of people protested in

strong energy ties between russia and china are at the center of a major financial forum in st petersburg and how to push the world economy forward . moscow and beijing two of the world's largest emerging economies come together and are expected to be the big players at this year's economic forum in st petersburg join me and you see now why for more in just a moment. wall hostility the u.s. congress threatens to block washington's campaign in libya it's not been in full swing for ninety days without no make or approval. thousands of palestinians are left scraping for a living as israel with holds money owed to the government fears it could be used to fund terror attacks. world news and much more twenty four hours a day you're watching r.t. the supply of energy will remain the very center of russian chinese relations was the message from president to me to madrid it also talks with china's hu jintao in moscow the two leaders have now moved to st petersburg for the city's international economic forum the. way it's calling the three seasons brainstorming event and joins us now and the presid

such a crisis happening again major business in full italy ers are discussing that right now in st petersburg parties live at the international going on the forum as an repsol. syria faces third round of ease sanctions and more adel wins a government crackdown which saw the more than a dozen there and thousands raged nationwide. forcing r.t. coming to live from moscow armory and joshua welcome to the program every award that's how greece's latest finance minister sums up the job ahead of him he's been tasked with securing another multi-billion euro bailout the criteria for which means slapping and outright hostile greek public with more sturdy cuts and some countries like turkey which once harbored dreams of membership are beginning to rethink their plans. if you talked about turkey in the e.u. ten years ago turkey's hopes of joining would have been inseparable from joining the euro but not anymore turkey's attitude in short can be summed up very simply very glad going to probably. turks on the street seem to have a wide range of opinions on the euro but their country's doorstep europe's econ

s and figures here for the three day summit in st petersburg from silicon valley we had eric schmidt from google and they're actually meeting with all of the officials from the scope of my work you signed by side with them to make sure that this project moves and develops the sickly as possible so it's a great venue for the movers and shakers as we call them to really get together with these officials and in a very informal matter proves that the way they think that it should be done. and he's now reporting there from st petersburg and more from saying that his birth for him in our a business bulletin at about fifteen minutes time but later today a special edition of our tease on the money where peter lavelle talks to people at the forum about what lies ahead for business in russia. and on the way here in our team how to get a facelift in the frost. this russian orthodox church has wandered far from its home on sean thomas in the go and coming up on r t we explore the world's southern most russian orthodox church. played a show of defiance against syria's president assad has seen at

leaders have discussed just that at the international gamache forum which has wrapped up in st petersburg. syria faces the third round of e.u. sanctions amid more deadly ends a government crackdown would saw more than a dozen dead and thousands rage nationwide. six pm in moscow you're watching r t was marina joshing a real war that's how greece is the latest finance minister sums up the job ahead of him has been tasked with securing another multibillion euro bailout the criteria for which means slapping and outright hostile greek public with more stary cuts and some countries like turkey which once harbored dreams of e.u. membership are beginning to rethink their plans. if you talked about turkey in the e.u. ten years ago turkey's hopes of joining would have been inseparable from joining the euro not anymore turkey's attitude in short can be summed up very simply a big part of the euro right now took on the street seem to have a wide range of opinions on the euro but their country's doorstep europe's economy is worse now turkey says improving turkey is improving in all fields but europe i

here in st petersburg president medvedev wrapped up his speech to the st petersburg international economic forum in the focus of his entire speech was basically modernisation talking about making russia a modern place to do business and improve the investment climate here in the country he said he focused on the success of the i.p.o.'s like jaan decks and mailed out rupe talking about how the russian i.t. companies can make it happen and also focused on the ten billion dollars state backed private equity fund that has been established in addition to that expanding a government sale of thirty billion dollars in state assets something that he says needs to be done in order to improve the economic climate he says russia does face some challenges there is too much regulation need to root out corruption and need for private business to dominate the russian economy and the role of the state should be to make a suitable environment for business to be fostered and established here in russia now to talk more about all of this i'm joined by peter lukian now from al's capital to give us some more per

i match reza live in st petersburg at the st petersburg international economic forum the sun is going down on day one of the forum but they've begun the sun is not going to go down entirely because it is white nights here in st petersburg so that means the sun isn't going to go down almost entirely at all but many case tomorrow day to day to be a new slate going to be time for a new business to be discussed as for today though the word of the day was definitely innovation there were a number of high profile deals that were signed all in that area the first one dow chemical and the skolkovo fund signing a deal in order to create a research and development center in russia very exciting there all and on top of that russ now russian nanotechnology firm signing a deal with some asian partners in order to establish a one hundred million dollar plus fund for technology research and also some very exciting news that's going to help boost innovation and business here in russia this in addition to the forums already stated focus on russia's w t o obsession and the creation of a state back to p

s and figures here for the three day summit in st petersburg from silicon valley we had eric schmidt from google and they're actually meeting with all of the officials from the scope of my work you signed by side with them to make sure that this project moves and develops the simply as possible so it's a great venue for the movers and shakers as we call them to really get together with these officials and in a very informal matter proves that the way they think that it should be done. for any states for much of the for bringing us the latest from the canonic forum and saying pittsburgh. and more from st petersburg in our business bowl then of course in about fifteen minutes time then later this hour a special edition of our tease on the money where appear lavelle talks to people at form about what lies ahead for business and russia. the latest show of defiance against syria's president assad has seen at least another sixteen people killed as thousands of people protested in major cities urging him to go the e.u. is lining up a third round of sanctions against syria as a comic and imp

comic forum is in full swing here in st petersburg. there's executives global innovators and world leaders all gathered together to debate move forward economically and environmentally on various levels it's considered that this year the big players are old stuff and china before the euro and dollar are struggling severely of these two countries are not only developing separately but dynamically in their bilateral cooperation in fact it's come out statements from both sides recently that china and russia can say that they have not only overcome the consequences of the economic crisis of two thousand and eight but they have between the referent bubbles pre-crisis levels and that can allow them still set and vicious tasks to further intensify our bilateral trade and cooperation i would look at other issues on the world stage france and china see i was very differently from the last when it comes to international crises take libya both have their reservations about the un resolution is expected back both in strongly oppose any kind of int

thank you marina i am matras a live in st petersburg at the st petersburg international economic conference good to have you with us with your our t.v. business wrap up now if this is the fifteenth annual st petersburg conference and it's the white nights in st petersburg going on right now so there's a perfect backdrop to this event we've got main themes that are being discussed here among them russia's a session to the world trade organization and the other big topic of discussion here is russia's creation of a ten billion dollar state backed private equity fund designed to help bring investment and lower business to russia and to the russian economy to help to bolster the russian and diversified the russian economy to a stated goal of president medvedev now one of the focuses of attention is not only on bringing business from the west which is something that has been tried to to make it attractive before but also looking east china is a huge partner of russia economically and culturally and it's something that is trying to bring more together here through the conference chinese president

corruption goals voiced by its media made stated here at the international economic forum in st petersburg joining me at least an hour for more details in just a moment. no consent no cash u.s. congressman say they'll cut funding for the libya campaign unless the president gets the proper constitutional go ahead for the ongoing war obama's ninety days of action without sanction runs out this weekend. and palestinians are out of pocket after israel holds back millions in tax leaving tens of thousands of people without their wages. international news and comment live from our studios here in central moscow this is the russia must modernize its economy in the next few years regardless of who is in charge there is and if it has been outlining the country's direction at the st petersburg forum of top business leaders he also warns that the government's large role in the economy along with corruption threaten development and must be tackled and he said no reports now from st petersburg. but there are certainly a lot of obstacles and president medvedev knows that became very clear and has for rea

and move from st petersburg business bulletin and about ten minutes time. on the way how to get a facelift and the problems. this russian orthodox church has wandered far from its home on john thomas in the go and coming up on r.t. we explore the world southern most the russian orthodox church. the syrian regime has apparently started an operation to prevent people from relieve violence in the country troops advance by tongues have swept into town very close to the texas border to stem the flow of refugees to tackle human rights activists say the action will prevent food and water reaching some two thousand displaced people meanwhile be used lining up the said round of sanctions like you to target companies with sebring dealings these rights have discussed possible pressure on damascus and the united nations with russia but most of the senate won't back any resolution that may bring military action and me least act sharrow says that any armed intervention would be counterproductive. all that the local for exporting democracy and all that sort of preaching r

in the same petersburg leading business some political figures have been thrashing out how best to avoid another fatal economic meltdown the last session of the economic forum's taken place in a city that's also been getting major firms to try to take a fresh look at investing here in russia he's innocent reports. of course the main topic at a session on global financing with european officials there is going to be the euro crisis what has to be aside from the two officials of finland's presidents face prime minister both stated that it's not a euro crisis that the separate countries in the eurozone are having crises and they kind of outlined that because about the euro crisis of the currency being weak it's really as they see it the currency is very strong that could of course be too faded from the president of kazakhstan and president medvedev we've heard a little less optimistic things about the euro saying that it could be expected that when so many different states get together and share one currency that eventually they're going to run into problems overall it has to be said at the

s of figures here for the three day summit in st petersburg from silicon valley be had eric schmidt. and they're actually meeting with all of the officials from the scope of my working side by side with them to make sort of this project moves and develop the simply as possible so it's a great venue for the movers and shakers as we call them to really get together with these officials and in a very informal manner proof that the way they think it should be done. and it's now important for us because from st petersburg indeed our business post in about fifteen minutes for you also underway tonight how to get a face lift in the frost. this russian orthodox church has wandered far from its home i'm sean found in antarctica and coming up on r.t. we explore the world the southernmost the russian orthodox church. from your more news for you the latest shoulder finds against syria's president assad is seen at least another sixteen people killed as thousands of people protested in major cities are urging him to go the learning of a third round of sanctions now too likely to target companies d

s of yours here for the three day summit in st petersburg from silicon valley we had eric schmidt. and they're actually meeting with all of the officials from the scope of i working side by side with them to make sure that this project moves and develops the simply as possible so it's a great venue for the movers and shakers as we call them to really get together with these officials and in a very informal matter piece that the way they think that it should be tougher. and more from st petersburg now business bulletin and about fifteen minutes on the way how to get a facelift and the frost. this russian orthodox church has wandered far from its whole month on thomas in order to go and coming up on our feet we explore the world the southern most russian orthodox church. the syrian regime has apparently started an operation to prevent people from fleeing violence in the country troops backed by turns have swept into a town very close to the turkish border to stem the flow of refugees to tackle human rights activists say the action will prevent flood food and water reaching some two t

moore from the center petersburg international economic forum with the transit. hello i am mad très a live in the same petersburg international economic forum with you r t business update and the main theme that we're talking about now is the creation of moscow as an international financial hub something that is a stated goal of president medvedev and something he hopes to come to fruition in the relatively near future and he's laid out a vision during his speech to the conference to the forum about how he hopes to accomplish this now europe's biggest city moscow is set to grow even more the president has laid out a plan to expand the boundaries of the city and move much of the city's not into structure but move much of the city's apparatus of government and other and other buildings toward the outskirts in order to make way for more financial development in the center of the city due to move jobs away from the congested city center where the traffic can be somebody who lives in moscow the traffic can be a little bit difficult at times something they want to ease

to get all the latest from the st petersburg economical. to the world.

and move for you from st petersburg business bulletin and about fifteen minutes time. home the way how to get at lived in the frost. this russian orthodox church charles wandered far from its whole months on thomas in antarctica and coming up on r.t. we explore the world's southern most russian orthodox church. the syrian regime has apparently started an operation to prevent people from fleeing violence in the country troops bunch my tongue's have swept into town very close to the turkish border to stem the flow of refugees to attacking human rights activists say the action will prevent food and water out reaching some two thousand displaced people would be used lining up a third round of sanctions likely to target companies with syrian dealings he was discussed possible pressure on damascus said the united nations with russia but also says it won't find any resolution that may bring military action and middle east expert sharon who says that any armed intervention would be counterproductive . although it's a local for exporting democracy. and all that sort of preachin

to get all the latest from the st petersburg economical. we'll. bring you the latest in science and technology from the realms. of the future coverage. down the official t. application to on the phone i pod touch from the accuser apps to. shaun t. . the.

meanwhile the same petersburg international economic forum for discussing how to avoid another global economic meltdown and encouraging major firms there to fresh look at the new arising from bets this here in russia. and we take it to the end of the earth to our dark took care of the most southerly russian orthodox church built in a place you least expect. you watching r.t. it's one am here in moscow my name's kevin irwin with you tonight on our top story a real war that so greece's latest finance minister sums up the job ahead of him he's been tasked with securing another multi-billion euro bailout the criteria for which means slapping an outright hostile greek public with more austerity cuts this is countries like turkey which ones are the dreams of e.u. membership are beginning to rethink their plans. if you talked about turkey in the e.u. ten years ago turkey's hopes of joining would have been inseparable from joining the euro not anymore turkey's attitude in short can be summed up very simply a big part of the euro took on the streets seem to have a wide range of opinions on the

petersburg? absolutely, because russia's fighting a capital flight problem right now ahead of presidential elections in march 2012. $25 billion so far in the last year. they're concerned about any run on any country. i did an interview with jim wolfenson, which we'll run later on cnn. he talked about the gap between the private banks and the government and the people. the gap is far too wide. he thinks the european union and european central bank and including the imf have gone a step too far to protect a private investor. that's joe ackerman of deutsche bank. the german and french banks are on the hook for $100 billion in greece alone. that's why we've seen the difficult negotiating which is have come to the brink now. the cabinet reshuffle probably won't do a whole lot on its own. the unity government was a good idea but they didn't get the result they were, looking for. nina. >> john defterios, thank you for that. >>> this global situation weep be talking about something else in the world, the

we do know that every detail is expected to arrive at the st petersburg economic forum we know that is on his a ten area after his time here in moscow both him and his russian counterpart to meet the images are expected to make their way down to st petersburg and participate in that forum and of course that is yet another indicator of the strength of the partnership between moscow and beijing all the high hopes that they place on cooperation from each other and of the various economic. benefits that of course could be reaped from their partnership that increase made that pledge to increase bilateral trade turnover is definitely no mean feat more than doubling it under ten years so there's definitely going to be some more discussions at the st petersburg economic forum perhaps more concrete deals signed not only between the chinese national gas company and gas pump but various other business deals also on the table but that of course will take place in st petersburg and you're saying some major proposals on the table in interesting times right now but i. live in moscow thank you. so now

s in your sphere for the free day summit but in st petersburg from silicon valley we had eric schmidt. google and they're actually meeting with all of the officials from stoeckel by working side by side with them to make sure that this project moves and develops the sickly as possible so it's a great venue for the movers and shakers as we call them to really get together with these officials and in a very informal matter is that the way they think that it should be talked. down to move from saying he does though get out of business bulletin and about ten minutes time. no way how to get a break and the problems. this russian orthodox church has wandered far from its home i'm john berman. and coming up on r.t. we explore the world southern most russian orthodox church. the syrian regime has apparently started an operation to prevent people from believe violence in the country troops granted by turns have swept into town very close to the texas border to stem the flow of refugees human rights activists say the action will prevent food and water reaching some two thousand displaced people

the sun is shining in russia's northern capital i'm out of the st petersburg international economic forum to tell you all about the high level goings on here in our business report coming your way in about twenty minutes. international news live from moscow city center this is artsy. well energizing relations and a boosting trade is what the leaders of russia and china have been discussing here in moscow but they also couldn't avoid sharing their thoughts on the conflict in libya. has been monitoring the meeting for. the two sides. enjoy a very strong relationship but both have stressed that there is still a lot of room for improvement and that improvement is precisely what was dominating the talks between chinese leader who jintao and his russian counterpart need to make a difference here in moscow both sides focus mostly on energy related deals we know that gas problem is currently holding talks with china to build a pipeline originating in western siberia and going all the way to china. it is specifically going to exist to cater exclusively to china's growing energy needs we also know

more about movers and shakers in the st petersburg . business is coming your way next. i madressa with the r.t. business team live in a land where the sun doesn't set out of the st petersburg international economic forum where the highlight of the day has been president medvedev his keynote address to the assembly here among the things he highlighted were innovation and modernization of the russian economy pointed out to examples of that young decks and mailed out room having their i.p.o. as he said those are successful models that other low but other russian businesses can look to go to have international success and also there was the goal of bringing international business and innovation to russia he hopes to accomplish that through the salish made of a state in fact ten billion dollars private equity fund and also the expansion of a thirty billion dollar program of asset sale in order to help privatizing government held assets or to help bring more investment and innovation to the russian economy something that he highlighted during his speech. bush is going to meet

regardless of who's in charge present if it has been outlining the country's direction at these in petersburg form of top business leaders he also warns that the government's large role in the economy along with corruption threaten development and must be tackled artes and he said now reports now from st petersburg. but there are certainly a lot of obstacles and president medvedev knows that became very clear and has for real with his whole term as president that he thinks modernization is the way to go into the future with russia he clearly outlined all of the obstacles that the country is facing first let's take a listen to what he had to say about modernization of the whole process and it's called. if the studios choice is not only a major green you'll have outdated elements in the economy but all public institutions used we need to hesitate to say sorry about many bad habits we can focus only on the step by step development machine that would be a mistake would be which we should focus on the following improvement of the investment climate in russia to create new jobs in the regions creat

so that as promised up next we head back to some petersburg where people have been quizzing delegates at the forum about boosting the investment in russia. hello and welcome to on the money with the business of russia business. today we're