some of the other countries including some of the other bric countries.again if you come back to the issue of the quality of the investment climate and things such as capital controls all of the other bric countries have cultural controls russia does not this is not really brought out under some word. by russia itself. and when you look at levels of foreign direct investment into the largest emerging markets you clearly see that russia still underperforms interims of the overall level of inflows foreign direct investment inflows into russia it's still nearly fifty percent lower than pre-crisis levels. in terms of the scale of the cline that the stock market had during the crisis period in two thousand and eight russia suffered significant blow partly due to the dependency on world that is quite significant but russia is clearly doing a lot to address some of these ills in front of the macro economy russia looks very strong certainly significantly stronger than a lot of the developed countries than a lot of the years this year it's going to post its lowest

us and that the government is now looking east for both russia and china of course members of the brics group along with brazil india and south africa and the growing economic uncertainty in europe and the u.s. has seriously undermined their dominance of the global political stage paving the way for a margin economy prime minister putin said the us is currently using instead of monopoly as the only global reserve currency and that's how than a negative effect on their financial policy if you will because they've been you i never said the us was a parasite on the global economy but i do think it's feeding off the monopoly of the u.s. dollar is a single global currency the problem is not only for the world economy both for america's economy as well because it leads to a violation of financial discipline in order to do so because when it comes to the e.u. vladimir putin said that greece is a big problem but that it could have resolved if countries that weren't afraid to take action he said of russia and china should have a form of international financial systems and that the brics world sh

debt crisis he also said that of the brics countries brazil russia india china and south africa could try and help economically with the use economic woes but there is a big but it relies on the e.u. coming up with a clear plan to try and contain the debt crisis that is currently sweeping across the eurozone we all know about the problems in greece italy and spain credit ratings have recently been downgraded again raising fears of major debt problems there so russia says it's true it's too early at the moment to talk about any concrete plans to start buying up spanish debt we want to see a unanimous plan first. russia says its veto of the latest u.n. resolution against syria was not designed to indulge president assad's regime the statement comes as a delegation from the syrian opposition is in moscow to discuss the way out of the current situation in the inflamed country let's get more on that from our correspondent here but it's going off and joins us live you gore what is everyone involved want to get out of this meeting. well i knew some members of the syrian opposition or in mosc

control they come from an unexpected direction russia and the other big developing the holidays in the brics group are suggesting support but only if the e.u. comes up with a credible rescue plan. and almost but not quite get the baton from a big push against ground in siberia are doing joins experts who say they found evidence of the greeks no match. and banking fraud is skyrocketing in russia up seventy percent this year one business in twenty minutes. it's three pm in moscow this is r t coming to you live on nice now with our top story egypt's military rulers imposed an overnight curfew on cairo's tahrir square and other parts of the capital it's also a violent eruption between coptic christians and security forces that have left at least twenty four people dead but began as a peaceful rally calling for justice over attacks on churches and radicalism quickly turned into the most violent episode since february so revolution and literary vehicles are clearly seen charging through crowds and falling into people army infantry fired rubber bullets and tear gas witnesses claim the escalation wa

control help could come from an unexpected direction russia and other big developing economies in the brics group are suggesting support but only if the e.u. comes up with a credible rescue plan. and almost but not quite yet be done for a big four games ground in siberia are two joints experts who say they found evidence on the slippery snow. from our headquarters in central moscow you're watching archie with me and he said no way it's two pm here in the russian capital we begin this hour in egypt where the military rulers have imposed an overnight curfew on cairo's tahrir square and other parts of the capital it's called was a violent between coptic christians and security forces that have left at least trying to four people dead what began as a peaceful rally calling for justice over attacks on churches and radicalism quickly turned into the most violent episode since february is revolution military vehicles are clearly seen charging through crowds and plowing into people as you can see. here while army infantry fired rubber bullets and tear gas witnesses claim the escalation was sparked

to buy some of spain's debt and so provide extra help for the debt crisis he also said that of the brics countries brazil russia india china and south africa could try and help economically with the use economic woes but there is a big but it relies on the e.u. coming up with a clear plan to try and contain the debt crisis that is currently sweeping across the eurozone we all know about the problems in greece italy and spain as credit ratings have recently been downgraded again raising fears of major debt problems there so russia says it's true it's too early at the moment to talk about any concrete plans to start buying up spanish debt we want to see a unanimous first we'll report from siberia in a few minutes and join a group that's trying to bag the beast. this story saying cannes is a very high to me to get it over there in the cave unless you're a shelter or at least discover some traces of this creature so let's go there are to follow the hunt for the world's most elusive creature with specialists who say they're closer than ever. in pakistan a dozen al qaeda linked suspects have b

indeed the concept of bric countries has been why the accepted i don't see. now is people you really consider it consider you konami power tools because all the four big emerging markets you call them a growth very fast and they had similar you had to have similar interests in number of international discussions so indeed this group will have the potential to change the war on the mentally. in not only in the morning economy by the also in the political. landscape of the war but currently i don't think the group can be called a political union yet. actually they cannot make a corporation. needs to be further intensified. seems to think of china is more like a competitor rather than a partner still indeed it. needs further. further cooperation coordination is being in the economies economic development. political in the. states so. there is a long way to go for this war to become a close or. to make a war if you know war. if you are looking at next five years will this happen become a reality. i think the chances reasonably high dr bhaji coo a senior research

wait and not dictate around the world of course europe would not be happy i don't think the brics bloc we'll be a political power will most probably be a economic power because india is china so there is no way. cooperate with china. it is sent to asia china and russia this for a teacher interest in political interest there would not lead. to mount a staging post from afghanistan so this is very important for both countries. briefly crossed one business screener there and what's the significance kareena of today's meeting in china from a business perspective well below russia and china created a joint investment fund worth up to four billion dollars and both countries have finally sorted out their long lasting over all transportation tariffs for china said they were too high now join me for one that in our business world. thank you yes more from kareen a little later with our business update also still to come this hour the merchant of death faces trial look at how the case of a russian businessman accused of stealing is casting a shadow over the u.s. justice system. but first some of

such as the international monetary fund and the world bank and here we agree with the role of the brics countries in those organizations must be in given the growing importance of countries' economies another important issue here was energy corp lattimer put an end his chinese counterpart so that all issues and this agreements were resolved when it comes to russia's supply of oil when it comes to gas and the go share sions are still ongoing but both insist are there and the final stage of energy consumption is expected to increase dramatically in china and russia could cover that actual demand and in doing so for the strengthening of their strategic partnership. well still ahead here in our tea getting tough schools in. the street protesters are arrested in chicago washington d.c. and boston reports claim police. will become a few hours early to scramble to boost the region's bailout fund and the banks also whether proposed measures will make a difference for the cash strapped. story still to come but first israel has agreed to exchange of fell's and palestinian prisoners for one israel

from the world's fastest emerging economies a top russian official says moscow and members of the bric nations are willing to help the e.u. get above water and its crippling debt crisis but there is a catch the e.u. would first have to come up with a credible plan r.t. correspondent tom barton joins us live with more hello tom so what would the russian help entailed. with this news comes from the presidential economic aide our county devolve of it chew said there have been meetings recently between the foreign minister sergei lavrov the ex finance minister of russia could ruin and spain's finance minister so folks focusing primarily on spain in those meetings a raise the possibility of russia being able to buy some of spain's debt and so provides extra help for the e.u.'s debt crisis he also said that of the brics countries brazil russia india china and south africa could try and help economically with the use economic woes but there is a plot it relies on the e.u. coming up with a clear plan to try and contain the debt crisis that is currently sweeping across the eurozone we all know

that russia and china should lead their own international financial systems and that the role of the brics will to become more important on the world stage. i think it's joint reforming existing institutions first of all i mean global financial institutions such as the international monetary fund and the world bank we agree that the role of the brics countries in these organizations. but you've. got to put it on the battlefield so there's a lot of big hopes and plans but both premiers said that they're confident that they have established appliance that will make sure that they become a reality well later this hour in our business with kareena we explore the significance of today's meeting in china from a financial perspective. both countries have finally sorted out their long lasting rout over all transportation terrorists for china said they were too high now join me for one that in our business. some of new york's wealthiest tycoons could soon come face to face with the rage of anti wall street demonstrators hundreds of activists are marching to the homes of the elite in protest against

merchant economies like russia and china are not actually prime minister putin said that the role of the brics were to become more important on the international scene. i think it's joint reforming existing institutions i mean global financial institutions such as the international monetary fund and world bank and you we agree that the role of the brics countries in these organizations must be enhanced given the growing importance of our countries' economies he wasn't here alone he was here with a huge delegation including a russian a businessman who are all here looking to make business deals with local companies and they did all that they got here was seven a billion dollars worth of agreements including wants to set up a mutual investment fund well also trade as i mentioned earlier was a key issue. you promise or vladimir putin said that they expect the trade turned over to ridge at least seventy billion dollars this year with the overall goal being two hundred billion dollars by twenty twenty china is already russia's a number one trade partners and they're now working towards switching ge

face sanctions if it continued this crackdown on protesters both countries are also members of the brics alliance along with brazil and south africa and the considered economic uncertainty in europe and the u.s. have seriously undermined the dominance of europe and the uighurs of the world political stage and it has cleared the way for emergency powers such as russia and china you know both the countries are also enforcing the trade partners this year china has climbed the back up and passing germany and it's now russia's number one trade partner and i actually live in that he expects never this year could reach seven be a billion dollars and by twenty twenty that we're going to grow to two hundred billion also the russian prime minister today is expected to sign a sweeping cooperation on technical modernization and what this means is that china will benefit from russia's leadership in nuclear energy space and aviation now russia on the other hand will take advantage of chinese superiority. high speed rail transport power generation equipment and alternative energy production and of cour

and russia says along with other brics countries that it's ready to help the debt burden the e.u. find a way out of financial turmoil that's is growing poverty in european countries spirals out of control few to cuts in social.

he said of russia and china should lead the reform of international financial systems and that the brics work should play a bigger role on the world stage. i think it's time to talk about reforming existing institutions and first of all i mean global financial institutions such as the international monetary fund and world bank and he we agree that the role of the brics countries in those organizations must be enhanced given the growing importance of our countries economies. another important issue here was energy corp a lot of we have put in and his chinese counterpart said there are all issues and this agreements were resolved when it comes to russia supply of oil when it comes to gas and the goshi actions are still ongoing but both insist out there and the final stage of energy consumption is expected to increase dramatically in china and russia could cover that extra demand and in doing so further strengthen their strategic partnership. that is more in a quarter of their i live in beijing many thanks for the up. during his chinese visit russia's prime minister vladimir putin gave an i

control could come from an unexpected direction russia and the other big developing economies in the brics group are suggesting support but only if the e.u. comes out with a credible rescue plan. and almost but not quite yet he said hard from a big point gains ground in five miria charging joins experts who say they found evidence of the slippery snowman. and banking fraud is skyrocketing in russia up seventy.

you don't think the brics bloc we'll be a political power. it will most probably be a economic power because india is ready and to china so there is no way india can cooperate with china but they have the shanghai protocol. for countries like classic style. turkey and russia and this is sent to asia china and russia canpotex this for teaching interest in political interest there and would not let america to. to mount a staging post that's got two stars so this is very important so both countries well mr moon very briefly before we let you go what is the public attitude towards the relations between russia and china towards the strengthening relations i should say. i think most people will welcome it of course i think people see as really a. what you can guess what the charge that china was to. russia and of course russia. does through. china so it will expose ways. all right francis lui managing director of investment company lindsey holdings thanks very much indeed for sharing your views with us here on our team. well there have been reports

s debt crisis he also said that of the brics countries brazil russia india china and south africa could try and help economically with the u.s economic woes but there is a big but it relies on the e.u. coming up with a clear plan to try and contain the debt crisis that is currently sweeping across the eurozone we all know about the problems in greece italy and spain as credit ratings have recently been downgraded again raising fears of major debt problems there so russia says it's too it's too early at the moment to talk about any concrete plans to start buying up spanish debt we want to see a unanimous plan first. greece remains epicenter of the debt crisis that international creditors still finalizing talks on whether to hand athens another cash injection as a lifeline bailout dr richard wellings from the institute of economic affairs says that quick fixes such as a bailout will only make the situation was and make ordinary citizens pay for the crisis. eventually if the balance current going up and up is lighter in the mind even the most powerful economies in europe such as france and

and russia says along with other brics countries that it's ready to help the debt ridden e.u. find a way out of financial turmoil that is growing poverty and european countries spiraling out of control due to cuts in social spending. it was the e.u. continues its efforts to mediate dialogue between kosovo and serbia the situation at the border between the sides remains explosive in september nato troops fired at serbian demonstrators in a region riven by decades of ethnic conflict so be it first deputy prime minister told r.t. how the border dispute between serbia and kosovo should not be resolved through talks should be resolved i should say to talks not turmoil. thank you for joining us today mr dutch h. how do the recent events in the north of course of i characterize the plan is of course a month or a tease or a refund a so-called independence of the region. the latest events in the north of serbia show two facts first that the push dina is about to set up customs around what they think is the independent state of kosovo on the other hand they show that there are internati

a political stage russia's vladimir putin and his chinese counterpart are looking to lay the first brics in beijing today russia's prime minister and china's a prime yeah when jabo apparently signing deals worth an estimated seven point one billion dollars and the agreements range from aerospace to china development and large energy deals. overcome differences i've also applies china has agreed on a new pipeline from russia there is still however the issue of gas with no news yet of a resolution. crisis. meeting. this is prime minister vladimir putin's first visit since announcing his cabinet see in the upcoming presidential elections and this i'm a signal a change in focus for russia for many years the west has been dominated in that political stage for russia china's economic progress may have moved in the sense many analysts are saying that the strategic partnership between the two biggest and fastest growing economies could shift the power balance in the world now both nations have supported each other throughout the years on issues related to sovereignty security and development the

control the problem from an unexpected direction russia and the other big developing economies in the brics group are suggesting support not only of the e.u. comes up with a credible rescue plan. poland's prime minister is in line for any historic reelection as exit polls put the late president's twin brother in second place since the first term was in part characterized by warming relations with russia. pakistan arrests of a dozen al-qaeda linked sauce cracks but in seemingly not enough for america's ten year terrorist tongues i guess asians that pakistan's nuclear power militant safe haven are driving a deeper way it's between the countries. russia says in speedo of the latest u.n. draft resolution against syria is no card lost for assad's regime as the syrian opposition leadership comes to moscow for talks. over many kosovan serbs october started with nato troops firing at serbian demonstrators in a region riven by decades of ethnic conflict the serbian first deputy prime minister now tells us how the border dispute between serbia and kosovo should be resolved through talks. thank you fo

and russia says along with other brics countries that it's ready to help the debt ridden e.u. find a way out of financial turmoil that's a growing poverty and european.

institutions such as the international monetary fund and world bank we agree that the role of the brics countries in these organizations must be given the growing importance of our country's economy. but it will tell us more about the deals that have already been. well vladimir putin was accompanied by a huge delegation including russian business tycoons and they were all here looking to make deals with local companies and the result of that was seven a billion dollars worth of agreements some ahead by russia as the bank was also committed to establish an investment fund and of course energy is a priority for both countries and the premier said that all issues and this agreements when it comes to russia's well supply have been resolved now when it comes to gas they're still in the those they promise that they're in the final stages and their consumption is of course expected to increase dramatically. over that and also another key focus was trade china has the back to the number one beats in germany as number one trade partner promise of lot of confident that this year their traits are

to buy some of spain's debt and so provide extra help for the debt crisis he also said that of the brics countries brazil russia india china and south africa could try and help economically would be use economic woes but there is a big but it relies on the e.u. coming up with a clear plan to try and contain the debt crisis that is currently sweeping across the eurozone we all know about the problems in greece italy and spain as credit ratings have recently been downgraded again raising fears of major debt problems there so russia says it's true it's too early at the moment to talk about any concrete plans to start buying up spanish debt we want to see a unanimous first. well greece remains the epicenter of the e.u. debt crisis with international creditors still unsure about how the athens another cash injection in retirement a new survey suggests the debt burden is literally killing greeks pushing them to drug dependence and even suicide and the economic crunch is likely to take its toll on other citizens and citizens of other european states as are. now explains. the new motion in the e

russia and china should lead their reform international financial systems and that the role of the brics will become more importance on the world stage. i think it's going to be filming existing institutions first of all i mean global financial institutions such as the international monetary fund or the world bank and you will agree that the role of the brics countries in these organizations . hopefully we got through to you but it will not be fulfilled so there is a lot of big hopes and this is plans by both primaries so that their confidence that they have established appliance will make sure that they become a reality well it is the sour in our business with kareena we explore the significance of today's meeting in china from a financial perspective. both countries have finally sorted out their long lasting rar all transportation terrorists are trying to say they were too high now twenty four and that in our business goals. some of new york's wealthiest tycoons could soon come face to face with the rage of the wall street demonstrators hundreds of activists are marching to the homes o

debt crisis he also said that of the brics countries brazil russia india china and south africa could try and help economically with the use economic woes but there is a puts it relies on the e.u. coming up with a clear plan to try and contain the debt crisis that is currently sweeping across the eurozone we all know about the problems in greece italy and spain credit ratings have recently been downgraded again raising fears of major debt problems there so russia says it's too it's too early at the moment to talk about any concrete plans to start buying up spanish debt we want to see a unanimous plan first archy's tiergarten reporting live thanks about. europe social worker programs that have been the e.u.'s pride enjoyed for decades face the axe as the economic crunch by its deeper and longer and poverty safety nets that provide food and care for those living on the streets or struggling to make ends meet as it is daniel bushell reports from france there's always a catch to cutting back. the new motion in the european parliament claims that homelessness can be ended in the e.u. boy t

russia says along with other brics countries that it's ready to help. find a way out of the financial turmoil growing poverty and european countries spirals out of control because of cuts in social spending.

russia says along with the brics countries that it's ready to try to help the debt ridden the e.u. find a way out of the financial turmoil that's growing poverty in european countries spyros other control due to cuts in social spending. this is a see cross-talk just fifteen so.

he said of russia and china should lead the reform of international financial systems and that the brics world should play a bigger role on the world stage and. i think it's time to talk about reforming existing institutions first of all i mean global financial institutions such as the international monetary fund and world bank and here we agree with the role of the brics countries in those organizations must be in. the growing importance of our countries economies another important issue here was energy corporation land here put an end his chinese counterpart so there are all issues and this agreements were resolved when it comes to russia supply of oil when it comes to gas and they go share sions are still ongoing both and says that they're in the final stage an energy consumption that is expected to increase dramatically in china and russia. could cover that extra demand and in doing so for this price and their strategic partnership still ahead this hour getting tough schools of occupy wall street protesters arrested in chicago washington d.c. and boston where reports claim police got

oh another interesting fact is that both china and russia are members of the brics bloc so building up partnership to balance out the dominance of the west is one of the stated aims in all of this visit in your opinion how realistic is that goal. but basically both china russia capitalizing on the fact that the west is sort of stalling and then it has its facing a lot of problems so they see it as a opportunity to to increase the geopolitical influence and but much of it will depend on how it plays out in the future i think what is really important is that both countries have a lot of domestic issues a lot of domestic problems that they need to solve out so the domestic agenda is actually more important. than the geopolitical or the regional focus so i think it will depend on how much the they agree on some of the key issues for example in the shanghai cooperation organization russia wants to bring india on board and chinese on the on the really liking the fact so and there are issues for example russian military assistance to get in and then others so they will be a lot of you know it

that world of course europe would not be happy i don't think of brics bloc we'll be a political power even though most part but believe the economic power because india is really a china so there is no very good corporate china. he is sent to asia i think china and russia came to this interest in political interest there and would not let their character through to mount mistaking poles for afghanistan so this is very important for both countries and it's not really crossed for business to screen or there was the significant screen of today's meeting in china from a business perspective well below russia and china created a joint investment fund worth up to four billion dollars both countries have finally sorted out their long lasting over all transportation sours for china said they were too high now if only for a while that in our business. thanks a lot greener yes more from green a little later with our business update also still to come this hour the merchant of death faces trial look at how the case of a russian businessman accused of arms t.v. is casting a shadow over the u.s. j

no financial systems and that the role of the brics books to become more important on the world stage. i think it's time to talk about reforming existing institutions and first of all i mean global financial institutions such as the international monetary fund and world bank and you we agree that the role of the brics countries in these organizations must be in. given the growing importance of our country's economy. so there is a lot of big hopes and ambitions plans but both premiers said that they're confident and that they have established the porn star will make sure that they become a reality a new york jury is said to hear the first details of the prosecution against a russian businessman facing a range of arms related charges that he denies the judge has required jurors to sign an agreement that they won't read information on brewed on the internet or elsewhere so as not to prejudice the case against him he was arrested in thailand in two thousand and eight in a sting operation at the request of american officials and was then extradited to the u.s. in november last year accordi