the first summit meeting of bric countries was held in russia in 2009. the leaders shared a critical view of the western-led global financial system. economists believe that by inviting south africa, china and other emerging nations will have a greater say in world finance and topics such as climate change. >>> china says it will cut its rare earth exports next year, a move expected to further push up prices of the minerals used in high-tech products. china's commerce ministry said on tuesday that it will reduce the first round quotas for 2011 by 35%, to 14,400 tons. the quotas are believed to be for the january to june period as the ministry releases the figures twice a year. the chinese government had already announced a 40% export reduction for this year, citing environmental concerns and the need to preserve natural resources. it also decided to raise tariffs on exports from next year. china slashed rare earth exports to japan after the collisions between a chinese fishing boat and japanese patrol ships in september. but japan's trade minister, akihi

would say isn't really something driving the bus tours of boy it was the competition of the other bric countries that made a difference and russia has been hit the hardest during the last crisis obviously and the other bric countries have been growing faster since. almost twice as fast as russia and therefore russia has become just less sexy for the international investors and therefore that was us amount of russian stocks russian bonds it has improved quite a bit by the end of this year and we're looking quite optimistic way into the next year so russia will be will be saying quite competitive compared to other bric countries it will become more competitive with think and we see more investors coming back to the russian market with the recent i.p.o.'s and secondary offerings of the russian companies in the last quarter interest of strategic investors it is clear that the interest is coming back. as good and let's talk about privatization a bit want to bring to the russian what will it bring to the russian economy and what are the risks here well prices ation is one of the things that

from fixed income instruments into equities and seen these aspects of the greats of all markets in bric countries is very important for inflows as for particular number of g.d.p. growth for example target has to be lower more conservative you would have about four percent focused for next year but i would say that investors are looking more on sectors in particular sectors for example in retail in consumer such a companies are going to push into year so maybe the general number of four percent easing important for kind of a general attitude for economy but for investors who is buying particular stocks in particular sectors much more important what how deeper from. russia may be merging from the financial crisis but company both is keeping salaries in check for now most chief executives haven't raised their wages this year with the average general director still earning seven thousand six hundred dollars a month but the study by recruiters max found c.e.o.'s have raised the average salaries for their workers this year but twelve percent. christmas and the new year are expected to be a pr

ties that you're seeing now is the growing economies that both russia and india have both bric countries that both growing at a clip and. complementary in a lot of areas especially in the area of energy where we've seen a lot of agreement signed oil and gas is one sector that we've seen an agreement signed today also conventional nuclear energy that is russia building nuclear reactors for india it's already building through in southern india today we've seen an agreement for an additional two nuclear reactors which will be built in southern india to feed the growing demand for energy in india india currently has just a mere two point five percent of its energy mix coming from nuclear energy it wants a business to percent over sixty three thousand megawatts of nuclear energy is what it wants to add in the next twenty years and russia will be a partner in this one of the leading partners it will it plans to build fifteen to twenty nuclear reactors forty india in the next couple of decades severely that was one of the areas that both sides focused on and both leaders were also quite clear t

both countries both russia and india bric countries and economies are growing at a and one of the key areas that we've seen agreement signed today over a dozen agreements signed today one of the key areas was energy oil and gas and also nuclear power india has a huge demand for energy it's growing at almost nine percent annum and just two point five percent of its energy mix comes from nuclear energy it wants to increase this to ten percent and sixty three thousand megawatts of nuclear energy is what it wants to add in the next twenty years and russia is going to be a leading player in this russia is set to provide world plastic knology in. civil nuclear energy it will also build nuclear power stations forty india it's going to be building through in southern india and the agreement signed today will set out the roadmap for building two additional nuclear stations nuclear power stations in southern india and both leaders are quite clear that any. important in their relationship. russia is positive about energy cooperation in the future and i told the prime minister today that india is

as they consider risky russia's also suffering slow economic growth and high inflation then other bric countries the sale of three billion dollars of ruble denominated bones could be delayed until twenty eleven. of the government may cut spending for twenty ten by around fifteen billion dollars to stabilize the budget deficit economic development minister says but the drop the spend in spending bill burton vestment spend funds will be held in the reserve fund to question any drop in oil prices. and to talk about these and other issues i'm joined by our global economist at h.s.b.c. bank london ms sol thank you very much for joining us so the question market is currently undervalued compared to other bric countries why are we not seeing a significant capital inflow. thank you for having me on your show yes it is it is undervalued i guess as you've already mentioned just a just a few minutes seconds ago but of the problem was really that the growth outlook for russia is a little bit softer than for for some of the other emerging market countries this was relating to supply side sharks ema

and investors have taken a less favorable view towards russia versus other bric countries but emerging markets should still see high growth than their more developed rivals shala global economist at h.s.b.c. bank of splays why. the growth outlook for russia is a little bit softer than for some of the other emerging market countries this was relating to supply side shocks emanating from the drought and also there were fears that because of the inflationary pressures you would have seen monetary tightening going forward to there were these two factors that did come to play also you have to remember that russia is really a cyclical player growth you know there was expectations that global growth is going to be sluggish and so oil prices in particular will remain subdued. these two factors have hurt russian growth expectations but that should change going forward a lot of money around the system right now there is a lot of liquidity and that liquidity is looking for you and it is really available in emerging markets not just the yield but also you the structural story in emerging markets i

two of the so-called bric nations cement trade ties of russia and india secure multibillion dollar deals on a trade by president with it. also prime minister putin mates would both find representatives and ones that help to eliminate extremism following recent right wing violence after a spot of fun was killed by rivals. and conspiracy theories running wild in poland also rejects small screws reported into the april plane crash that killed the polish president and ninety five others but aviation experts bought the russian probe meanwhile the leaders brought that these deforming from minister of the country claims to rome forty was buried most good is told by the calais. news from russia and around the world this is r.t. with. thanks for joining us the stalled nuclear arms can spark between moscow and washington is finally expected to head for a vote on ratification in the u.s. senate on wednesday it aarons months of delays and.

of the so-called bric nations so many trade ties russia and india secure multi-billion dollar deals on a trip by president. of the e.u. we've been signed to do join me in seeing from you in a few moments from. also e.u. fury as hundreds of people remain in costs to be invalid probably violent protests against alexander lukashenko election victory. conspiracy theories running wild in poland. plane crash that killed the post president and ninety five others aviation experts say the centro port au prince and sorrow meanwhile relate brother who's the former prime minister of a country claims the wrong body was buried moscow is baffled by the plague. from our headquarters in central moscow you're watching r t with me nice and now way it's six pm here in the russian capital eight thirty pm in new delhi where billion dollar deals military agreements and high tech link ups are the result of dimitri medvedev high profile visit to india the russian president also sealed a number of agreements on nuclear power to satisfy growing energy demands in the world's second most populous nation live now t

secure a multi-billion dollar deals and a trip to new delhi by president medvedev a stall the so-called bric nations command relations cement relations nuclear power trade and investment or just some of the agreement steal. from mr putin needs good bovine representatives and ones that help to eliminate extremism following recenter right away in violence after at the top moscow father was killed by a dreidel. in poland with giants moscow's report into the april plane crash that killed the polish president and ninety five others but aviation experts say the russian probe was open and somber meanwhile the late leaders brother who's the former prime minister of the country claims the wrong body was buried. there is the headline stay with that for the kind of the report where max keiser and stays ahead but discount the rise of financial activists.

two of the so-called bric nations cement trade ties russia and india secure multibillion dollar deals on a trip by president medvedev. told to reject moscow's report into the april plane crash that killed the polish president and ninety five other aviation experts say the russian probe was opened. what i am in moscow i match reza good to be with you here on r t our top story the fate of a landmark nuclear control pact between russia and the u.s. is closer to being finalized the u.s. senate has just agreed to end months of debate on the strategic arms reduction treaty also known as the start treaty the next step is a vote that will ratify the deal which senate leaders say will be positive for more on this we go live to washington d.c. where he's going h.q. and is standing by in a does it look like the senate will leave a ratified start treaty under the white house christmas tree. well matt it looks like it senators have voted to end the debate earlier today and we're finally moving on to. which is expected to early in the early afternoon on wednesday and democrats are pretty sure that

multibillion dollar deal and in a trip to new day about president medvedev as two of the so-called bric nations cement relations nuclear power trade and investment were just some of their greenland sealed. also prime minister putin meets with both fine representatives and was there help to eliminate extremism following recent violence after a party talks moscow final was killed by rival. poland rejects moscow is reported to the april plane crash that killed the polish president and ninety five others but aviation experts say the russian probe was open for a minute while the nato leaders rather because the former prime minister of the country claims the wrong body was buried. up next also his debate cross-talk and today people have asked his guest if self proclaimed independent kosovo poses a threat to its neighbors after recent allegations of organized crime made by the against the country. will. remain the latest sign.

they have the number one market share in the brics countries.i like the risk reward given the very cheap valuation. >> tom: would you buy if it dropped below the initial price of $33. >> i would. i would be more excited. at 30, 31. i don't think it will get there. >> tom: cummings, cmi, it has been on fire. from the 40s to over $100. you're putting money to work at new highs? >> i like the story very much. we bought it quite a while ago. but i think this is a good story for the long-term because you have here in the states the truck replacement cycle. you have a very old aged truck fleet, 20 years high. internationally, you've got the industrial manufacturing demand. they make engines that go into both, trucks as well as industrial machinery. i think you have kind of the two-for-one play, if you will. very strong growth, and earnings power is much higher than where analyst's estimates are. >> tom: we have one from truck and now aerospace. boeing, but clearly it has trouble rolling out its 787 dreamliner. you're not too concerned and would buy sh

altogether overlooked thirty documents were signed back in new delhi as of course the two countries of the bric group of emerging economies have many spears of corporation. over there reporting from india now let's take a brief look at some other stories from around the world the ivory coast faces the risk of returning to civil war following the disputed presidential election the warning comes from u.n. secretary general ban ki moon he added that un peacekeepers were being forced out of the country by be incumbent laurent gbagbo after the world body recognized the victory of his rival president accuse the international community of trying to bring a fight to this country the u.n. says more than fifty people have been killed in related violence in recent days. south korea is to start its a largest live drill exercises near the border with the north more than eight hundred military personnel are set to take part backed by fighter jets now it follows exercises near yongbyon while and where both sides had a fatal exchange of artillery fire last month as well as maybe when you first off the east coa

indian capital clearly economy is right up there on the priority list both are growing economies there bric countries so obviously both sides would like to take bilateral trade to the next level they are already talking of a figure of twenty billion dollars in five years and in this oil and gas energy's obviously a key sector we're going to see an expansion of civilian nuclear energy russia is already building two nuclear power stations.

markets in the bric countries is very important for inflows as for particular will number of g.d.p. growth for example for you has to be more conservative you would have about four percent forecast for next year but i would say that investors are looking more on sectors in particular sectors for example in a retail in consumer sector of the companies are going through to push into year so we need the general number of four percent so important for kind of a general attitude for economy but for investors who is buying particular stocks in particular sectors much more important these searchers how they perform. that's all for this hour but you can find one stories if you log on to our website that dot com slash business thanks for watching. culture is that so much i can tell you but you know the nerdy one of them was worth a difference we've also been again on the brink after a less than successful election and allegations of organized crime you could be organ trafficking in hair. download the official anti obligation to go on the phone pod touch from the dumps to. life on the go. vid

together over thirty documents were signed back in new delhi as of course the two countries of the bric group of emerging economies have many spheres of cooperation. he's a titan of a cover there reporting from india. u.s. officials have come on the phone for the edge to shady dealings to get fuel for the american air force base in kurdistan congressional investigators say the u.s. turned a blind eye to multi-million dollar fraud schemes by the supplier peter the eurasian democracy initiative says the top three deals were a factor in sparking the popular unrest ousted former president but in april. what the congressional subcommittee on national security and foreign affairs. dealt with in the report was allegations of corrupt dealings between the subsidiaries of the pentagon which were supplying fuel stand to prosecute the war effort in afghanistan and members of the family of the deposed former president of kyrgyzstan key of the same report stated that these subsidiaries namely the mena corps and red star back in two thousand and nine to reach out to the former president's son maksim b

together all the thirty documents were signed back in new delhi as of course the two countries of the bric group of emerging economies have many spears of corporations. now that let's take a brief look at some other stories from around the world this hour the ivory coast faces the risk of returning to civil war threatening to suited presidential election warning comes from u.n. secretary general ban ki-moon he added that un peacekeepers were being forced from the country by a convent known about of the world body recognize the picture of his rival president use the international community of trying to bring a fight to his country the u.n. says more than fifty people have been in recent days. freezing temperatures and heavy snow are continuing to cause massive destruction across europe travel has been severely hampered as airports struggle to keep runways free of all its brittany's badly affected hundreds of flights grounded and tens of thousands of travelers stranded. has criticised transportation agencies and says more must be done to prevent disruption in the future. the un general assem

together all the thirty documents were signed back in new delhi as of course the two countries of the bric group of emerging economies have many spears of cooperation. reporting from india about it take a brief look at some other stories from around the world the ivory coast faces the risk of returning to civil war following the disputed presidential election good morning comes from u.n. secretary general ban ki moon he added that un peacekeepers were being forced from the country by the incumbent about the world only recognized the victory of his rival the president accuse the international community of trying to bring the fight to his country and u.n. says more than fifty people have been killed in into violence in recent days. south korea is to start its largest live journal exercises near the border with the north more than eight hundred military personnel are set to take part backed by fighter jets that follows exercises and you know. both sides had a face of exchange of military for last month as well as they even maneuvers off the east coast the drill comes despite calls from the no

altogether overlooked thirty documents were signed back in new delhi as of course the two countries of the bric group of emerging economies have many spears of corporation. ati's i know because of their reporting from india now that let's take a brief look at some other stories from around the world. the ivory coast faces the risk of returning to civil war following the disputed presidential election warning comes from u.n. secretary general ban ki moon he added that when peacekeepers were being forced from the country company to own the backbone of the world both he recognized the victory of his rival president to use the international routes of trying to bring a fight to his country the u.n. says more than fifty people have been killed in related violence recent days. south korea is to start its knowledge of say you're out of jail exercises near the border has been there with over eight hundred military personnel and fighter jets all set to take part it follows exercises. in both sides the fatal exchangeable terrified last month as well as they do maneuvers off the east coast. despite calls f

overlooked thirty joke humans were signed back in new delhi as of course the two countries of the bric google for merging economies have many spears of cooperation. kind of a cover there reporting from india now that let's take a brief look at some other stories from around the world this hour the ivory coast braces the risk of returning to civil war and the presidential election when it comes to being such a general. he added that un peacekeepers were being forced from the country by the incumbent alone about the world body recognize a picture of his rival the president accuse the international community of trying to bring a fight to his country and rein said fifty people in the world to follow its recent rains. south korea is to start its knowledge of jail exercises near the border with the north more than eight hundred military personnel and fighter jets set to take part it follows exercises in the hearing on and both sides thanks jenny agutter on the last night it's interesting it's off east coast comes despite calls from the north not to escalate and. freezing temperatures and hea

altogether although thirty documents were signed back in new delhi as of course the two countries of the bric group of emerging economies have many spears of cooperation that was artie's a dollar novick of our reporting from mumbai. now more news on the list as always at your fingertips on our website that's r t v dot com and here's a taste of what's all the line for you right now hundreds have been jailed after protests at president of the franco's election victory in bella rooms get more of what's been happening on the streets of the capital and why. it lost a shortlist of eleven has been revealed in russia's competition for a vast top for the twenty fourth and saw she winter olympics with ideas ranging from a dolphin to a leopard what's it to be now choose which one you like best at r.t.e. dot com. the u.s. commander in afghanistan says the late richard holbrooke made a vital contribution to the campaign in the country general david petraeus claims president obama's special representative help to build an effective team on the ground but artie's military contributors says the diplomat fail

outfall from fixed income instruments into equities and seen these aspects of the greats of markets in bric countries is very important for inflows as for particular number of g.d.p. growth for example has to be lower and more conservative view we have about four percent forecast for next year but i would say that investors are looking more on sectors in particular sectors for example in retail in consumer sector the companies are growing thirty percent a year so maybe the general number of four percent is important for kind of a general attitude for economy but for investors who is buying particular stocks in particular sectors much more important to what these sectors are how deep are from . and that's all for no other back with more in less than one hour so i'll be done with that. it's the secret incursion into the country. it's the invasion by means of. tradition the language usually you visit the first day pete pete. and culture. the thing is that the had the dunes are still unaware of what's going on in the land still asking me why do you. think i don't know anything about the alaska

world markets in the bric countries is very important for inflows as for particular will number of g.d.p. growth for example for you has to be lower more conservative for you we have about four percent forecast for next year but i would say that investors are looking more on sectors in particular sectors for example in a retail in consumer sector the companies are going thirty percent a year so. the general number four percent use so important for kind of a general attitude for economy but for investors who is buying particular stocks in particular sectors much more important through what sort of the surface how deep or from. that's all for this hour johnny less than fifteen minutes of all business news here at. me it is easy. to. get into the team. sometimes. to see. in moscow all she's available interests marriage grand hotels which colson royal marriage renaissance could go on marriage profiles a holiday in circle new kids full of the in-laws not holiday in the social ski patroller really emotional the meridian country club suborning shirton finest piece of the first or apocalypse con

altogether overlooked thirty documents were signed back in new delhi as of course the two countries of the bric group of emerging economies have many spears of cooperation. because of their reporting from india. not in let's take a brief look at some other international stories making headlines the ivory coast faces returning to civil war following the disputed presidential election the warning comes from u.n. secretary general ban ki moon he added that un peacekeepers were being forced from the country by the incumbent lauren good luck but of the world body recognized the victory of his rival the president accuse the international community of trying to bring the fight to his country the u.n. says more than fifty people have been killed in related violence of recent days. south korea is to start its darkest live drill exercises near the border with the north where an eight hundred retreat personnel are set to take part about by fighter jets it follows exercises more young than both sides had a fatal exchange of artillery fire last month as well as naval maneuvers off the east coast the drill c

two of the so-called bric nations cement trade brusha and india secure multi-billion dollar deals on a trip by president medvedev. nuclear defense and just some of the key agreements signed to the joint doesn't see in a few moments from the. prime minister putin urges football fans to be on the lookout for extremists saying russia can eliminate radicalism without their help. plus conspiracy theories are running wild in poland. moscow was reported to be able plane crash that killed the polish president and ninety five other aviation experts say the russian probe was open and thorough meanwhile the late leader of the brother who's the former prime minister of the country claims the wrong body was buried in moscow he's baffled by the. nine pm in moscow i match reza good me with you here on r t our top story billion dollar deals military agreements and high tech a link ups there are the results of dimitri medvedev his high profile visit to india the russian president also sealed a number of agreements on nuclear power aiming to satisfy the growing energy demands in the world's second mos

very slowly russia remains very under invested it in terms of per capita when you compare both to the bric peers and the other central european players and so this is a setback but also didn't turn them into strategic investors are still coming the feel of the largest consumer market in europe is undeniable for them it's for the peripheral versus the people who are looking at russia haven't quite made up their mind when they see things like the holocaust and uncertainty and so it will slow the whole process. that can be driven away yes. thank you very much ben ours from business new europe magazine thank you for your analysis i'm sure and that's all we have time for now but you can always get most tourist mall website that's our t. dot com slash business for business news in less than an ass time. it can hear dr swan's policeman swines ministers what i am i just prayed that if you didn't find me if i could slip through the night that i would get my kids out of here because i knew that what was going to happen was that he was going to kill me many victims don't understand that domestic viol

of assets they consider risky slow economic growth and a higher inflation in russia than in other bric countries like brazil and china are also driving the investors out russian officials say the sale of three billion dollars of ruble denominated bonds could be delayed until two thousand and eleven. and russia's budget spending for two thousand and ten could fall by up to five hundred billion rubles which is around fifteen billion dollars deputy economic minister development minister on very quick potch says that the drop in spending will also lead to a decrease in real investment the unspent funds will be channeled back into the country's reserve fund which was set up to question any drop in oil prices. and that's all the updates for this hour but you can always find more stories on our web site that's r t dot com slash business stay with us. it was created to serve public interests to inform and to entertain. these days there's nothing easier than opening a new media outlet but there is nothing harder than revoking its license in case of corruption. in trouble. you can involve in a c

i miss fawley investors have taken a less favorable view towards russia in comparison to all that bric countries so much the market should still see higher growth and then more developed arrivals. global economist at h.s.b.c. bank explains why. in the growth. of the other emerging market countries this was. imitating from the drought and also they were because of the inflationary pressures you were. going to there were these two factors that come to also you have to remember that. the growth. there was expectations that this can be sluggish and so oil prices in particular. these two factors have russian growth expectations but that should change going forward a lot of money around the system right now. and that liquidity is looking for and it is really available in emerging markets not just the year but also the story in emerging markets is a lot more attractive. market speed expecting. over the next. two percent or thereabouts so overall the. story should sustain over the coming. russia the australian dollar to its international reserves the head of the country's central bank so this

consider risky russia is also suffering slow economic growth and higher inflation in russia than in other bric countries like brazil and china russian officials say the sale of three billion dollars of ruble denominated bonds could be delayed until two thousand and eleven. russia's budget spending for two thousand and ten could fall by up to five hundred billion rubles that's around fifteen billion dollars deputy economic development minister andre cook pot says that the drop in spending will also lead to a decrease in real investment unspent funds will be channeled back into the country's reserve fund which was set up to cushion any drop in oil prices. and that's all the updates for this hour but you can always find more stories on our web site that's r t dot com slash business stay with us. we'll. bring you the latest in science and technology from a realm for sure. we've got the future covered.

united nations security council during our team over the next two years we will work closely with the bric and g. twenty three what i would relations with russia i refractors of peace and stability in the region and the world this summer has added more substance to our cooperation hundredth i once again hang president medvedev and the government and people of russia i thank you. may now invite the president of pressure to please address the media. dr manmohan singh compliment me as the indian muslim leader my guess but i'm not sure big i want to scream your minister. we're not fish in the me. that you're a lier you're exhausted talk to my. doctor saying you're representatives of the media nationally our negotiations stay very productive and constructive today we're talking about a privileged strategic partnership. which allows in every discussing topical international issues in a very friendly way today we have made great progress on the issues of trade cooperation. on issues of innovation and spaced cooperation and of course on humanitarian issues. all this is reflected in our joint state