the high tech projects skolkovo is continuing to attract new companies russia's answer to silicon valley has revealed a further thirteen firms have signed up and the project's chief operating officer says investment is coming from both big and small players. on one level we've already attracted commitments from for example cisco over one billion dollars to invest in chicago on a smaller level one of the big pharma we've also attracted forty million dollars to invest in venture funds plus one hundred million dollars to invest in setting up an r. and d. center for political trials at skolkovo and then on another level in the venture capital we've attracted four funds collectively which i have committed financing to go finance with about forty million dollars as well so give you a range of the type of partners we're working with from the very large commitments to very important commitments on the venture side as well our goal is to match one hundred percent potentially two hundred percent of the finance that we receive from the russian government and i think we're on track doing that we hav

of it is about thirteen months old and i think we made some very decent progress so far now the skolkovo c.e.o. also said that collaboration with the sperm bank which is one of the projects major partners was more than just a financial one. one of the keys that they're helping is to provide financing for the project itself which is very important it takes money to achieve these things but also we are working together on developing a very interesting data center an advanced technology data center that i believe certainly russia has no equal and so we're very excited or cluster ideas developing that together wish for a bank so it's a multi level relationship with them. and let's take a look at the markets now crude is on the rise as investors wait for reports of morrow that may show us inventory is the climb for seventh week our concerns about the prospects of the global economic recovery are limits and again. and asian shares are lower without uncertainty about their resolution of the u.s. and european debt problems putting pressure on the markets financials are the first to suffer and in

center for clinical trials at skolkovo and then on another level in the venture capital we've attracted four funds collectively which i have committed financing to go finance with us about forty million dollars as well so if you are a range of the type of partners we're working with from the very large commitments to very important commitments on the venture side as well our goal is to match one hundred percent and potentially two hundred percent of the financing we receive from the russian government and i think we're on track to do we have to keep in mind the school debate is about thirteen months old and i think we've made some very decent progress so far. but the scope of the c o also said collaboration with the spire back which was one of the projects major partners was more than just a financial one. one of the cues that they're hoping is to provide financing for the project itself which is very important it takes money to achieve these sort of things but also we are working together on developing a very interesting data center an advanced technology data center that i believe cer

center for clinical trials at skolkovo and then on another level in the venture capital we've attracted four funds collectively which i have committed financing to go finance with about forty million dollars as well so gives you a range of the type of partners who are working with from the very large commitments to very important commitments on the venture side as well our goal is to match one hundred percent and potentially two hundred percent of the financing we receive from the russian government and i think we're on track to doing that we have to keep in mind the school's job is about thirteen months old and i think we've made some very decent progress so far. let's take a look at the day's trading crude is on the rise and as investors wait for reports tomorrow that may show us inventories the climb for seventh week however concerns about the prospects of global economic recovery are limiting gains. and european stocks are trying to rebound from a seven month low with host of corporate results supporting some sectors banks are mostly higher after being particularly hates on monday.

i hope that skolkovo confident he's going to cover these pork to take scientific groups with aidid hers to give them kind of in kuwait or conditions like we got it in a mist factory which we discussed with you when we were there and set up a small manufacturing in order to develop your sample or your prototype and get custom traction and this has to be done in russia immediately otherwise we would never you know cross the bridge between science and manufacturing would be because between science and coordinate affection there is a huge gap there is a development and scientist i myself am a scientist they very often they don't understand how huge is this got. last time the close of team was in the cool gum region where men flock from all over the world to have a few centimeters to their self-confidence. this time are to go to the un more reaching. for the gold rush still gets people hyksos. or an ancient tribe likes to save its culture. where cranes are protected in the first and dumped on official nature reserve. to the original. bush a close up of archie. the fifty six. ft. home. in.

center for clinical trials at skolkovo and then on another level in the venture capital we've attracted four funds collectively which i have committed financing to go finance with us about forty million dollars as well so give you a range of the type of partners we're working with from the very large commitments to very important commitments on the venture side as well our goal is to match one hundred percent potentially twenty percent of the finance that we receive from the russian government and i think we're on track to doing that we have to keep in mind the scope of it is about thirteen months old and i think we've made some very decent progress so far as a from the business desk for now but you can always log on to our website forward slash business for all the stories that you've seen and the stories we've had before next up and i'll see the headlines with kaput. simplicial disciplinary punishment education. worse. could the penitentiary system transform a criminal into a law abiding citizen. should resumes life behind bars on r t. forty two thousand americans die each year from c

this kind of center in russia the resoundingly answer from moscow right now that's the heart of the skolkovo project an international city of science and technology to fan out over the next decade in all directions from this spot just outside of moscow so the next time technology update brings you a high tech success story it might just be born and raised right here in till then enjoy the ride. that concept is going to cover. to take scientific groups. to give them kind of in kuwait the conditions like we get it in a mist factory what we discussed with you when we were there and set up a small manufacturing in order to develop. your prototype and get custom traction. and this has to be done in russia immediately otherwise we would never you know cross the bridge between science and manufacturing would be because between science and avoiding manufacturing there is a huge gap there is a prototype development and scientist i myself am a scientist they very often they don't understand how huge is the. last time the close of team was in the cool gum region where men flock from all over the world

right now that's part of the skolkovo project an international city of science and technology over the next decade in all directions from this spot just outside of moscow so the next time technology brings you a high tech success story it might just be born and raised right here in enjoy the right. that. is going to cover these. scientific groups. to give them kind of conditions like. what we discussed with you when we were there. in order to develop. a prototype. and this has to be done in russia immediately otherwise we would never you know breach between. would be because between science and. there is a huge gap there is a prototype development and i myself am a scientist very they don't understand how huge. question was that so much i was about to feel and was highlighting a form of forgive it really can be i would feel just a lord means getting some are selling christian rock jesus jeans and even jesus pill is this the right way to promote christian. wealthy british style. time. markets why not come to. find out what's really happening to the global economy with max concert for a

right now that's part of the skolkovo project an international city of science and technology over the next decade in all directions from this spot just outside of moscow so the next time technology update brings you a high tech success story it might just be born and raised right here in enjoy the ride. that. he's going to cover. to take scientific groups. to give them kind of conditions like. what we discussed with you when we were there. in order to develop. a prototype. and this has to be done in russia immediately otherwise we would never you know breach between science and manufacturing would be because between science and. there is a huge gap there is a prototype development and i myself am a scientist very they don't understand how much. twenty years ago the largest country in. two places of the. us had been itching. to teach began a journey. where did it take the. last time the close of team was in the cool gum region where men flock from all over the world to out a few centimeters to their self-confidence. this time r.t. goes to the amore reaches. for the gold rush still gets

right now that's part of the skolkovo project an international city of science and technology over the next decade in all directions from this spot just outside of moscow so the next time technology update brings you a high tech success story it might just be born and raised right here in enjoy the ride. that. he's going to cover. to take scientific groups. to give them kind of conditions like. what we discussed with you when we were there and. in order to develop. your prototype. and this has to be done in russia immediately otherwise we would never you know the breach between science and manufacturing would be because between science and. there is a huge gap there is a prototype development and i myself am a scientist very they don't understand how much. it used to be an ideal place for a holiday wouldn't change in a moment. the wounds of war are still visible. the republic is not only relieved but also shaping the future. more news today violence is once again flared up. these are the images go and seeing from the streets of canada. giant corporations are all day. in india oldies av

think are currently q i see the research fellow at the skolkovo institute for emerging market studies in beijing many times speaking to us on today. it's my pleasure. while turning from countries causing trouble for the european union to others still hoping to join it serbia is expecting progress on its integration bit following the arrest of war crimes suspect gordon but it remains a key hurdle to membership still need to clearing how did should may be extradited to the hague on the saturday. is in the serbian capital belgrade with more for us sara what's the mood among the public in belgrade to see you desire of the politicians matched by the man on the streets. well whilst the government is very much to the west the public opinion actually does this quite significantly now the last time i was in both grade at the end of last year i spoke to the deputy prime minister head as to why there's still such a government drive to this membership and he said that they really see this as a chance for serbian people to have a normal life well the people here in serbia only have to look at what

center for political trials at skolkovo and then on another level in the venture capital we've attracted four funds collectively which i have committed financing to go finance with us about forty million dollars as well so if you range of the type of partners we're working with from the very large commitments to very important commitments on the venture side as well our goal is to match one hundred percent with actually two hundred percent of the finance that we receive from the russian government and i think we're on track to do in that we have to keep in mind the school's job is about thirteen months old and i think we've made some very decent progress so far. germany will take pause and russia's innovation drive the few countries of three and one billion euro investment continental high takers in the head of russian state to be the bank says the cash will only target small and medium sized that particular ones which work in the current stream where you need to be released this will help produce in the compare in the slick. which in the markets now is take a look at the crude tradition

in high tech and by the way you have skolkovo which is a big success many companies yes also meant an awful lot of american german and many others are present so we can help push our technology transfers in many areas . but also this visit you will be going to north caucasus to actually valley six potential investment and north caucasus. alpine tourism tourism expertize take care in your approach we. see yes it was i believe that russia took a very good decision which is the one to try to stabilize and ensure better security in this area through economic development and both the president the president maybe it is the president's are closing the door on the size of the g eight joint declaration on this issue with the whole russia chose parents as a main supplier not exclusive a good name to try to establish ski resorts and develop the area coast like with this is a huge project led by mr beloved president of north caucasus resorts we are going to visit with me and i believe that the best interest development of the being a right to really just give people hope and as well you increase

of center in russia the resoundingly answer from moscow right that's the idea at the heart of the skolkovo project an international city of science and technology set to fan out over the next decade in all directions from this spot just outside of moscow so the next time technology update brings you a high tech success story it might just be born and raised right here until then enjoy the right. that school concept is going to cover these pork to take scientific groups with a dieter's to give them kind of conditions like we got it in a mist factory what we discussed was the one who was there and set up a small manufacturing and a little develop a simple prototype and get custom corrections and these has to be done in russia immediately otherwise we would never you know cross the bridge between science and manufacturing because between science and. there is a huge gap there is a prototype development and scientists i myself am a scientist they very often they don't understand how he's got. it. martin here broadcasting live from washington d.c. coming up today on the big picture. looks. at.

signed joint tax benefits which all hopes will spur development activity the head of the skolkovo foundation outlines the tax breaks that are wishing to stop those produced the most importantly the status of a skulk of a resident implies tax benefits which in turn means a lower social rate tax as the rate of profit tax plus there are certain privileges for export and import operations moreover the stages of a skulk of a resident gives the right to collaborate the skulk of their foundation which is supposed to support resident. somewhere just may come when you go to sell the business for now another business update in less than an hour's time and you can also logon to a website for more stores dot com slash business. you're . twenty years ago largest country in the. suppose. if. one had been trained to keep each began a journey. where did it take them. cool. spent in the military a journalist i saw some of the ways to go in the u.s. contractors there is kind of wasting their time trying not to get killed. i thought all was willing to do to see about five hundred miles it would take me about t