>> of course i agree with dimitri. look, we there have to get our house in order and have a better balance between regulation and the freedom of the ceos to run his company or her company and the board of directors is supported, not antagonistic to the manager of the company. you can't have it. it won't work. >> it seems to me it's almost impossible these days to pick up the financial times or "the wall street journal" without reading the latest story about hanky-panky, no pun intended. hanky-panky on wall street. is this a growing trend? hasn't always been that way? or is the reporting getting better? >> i think it may be a little bit of both. you know, i'm not sure that the so-called hanky-panky as you talk about, it turns out to be as bad as it sometimes has been reported. you know, you've got to be specific in each of these things that you read. many of them turn out to be not improper at all when you get done with it. so what happens, when you have an aggressive regulator that's trying to make a name for himself,

now while change is good for the country and dimitri we really do have their work cut out for them as training alexander civilians work ethic sounds extremely demanding especially seeing as he would like to see them in the top three of the world very soon and that of course is easier said than done virtue and more are currently world and olympic champions with former world champions davis and whites running them a close second over the past three years which is a dominance that coach mitts is a daunting task to break. almost on the judging by their form last season under the beginning of this one it was simply impossible to compete with them can see the improvements being made by the russians dimitri on your katrina as well as others i'm the competition is getting tighter of course those two couples to cough over the past few years but i'm loving the challenge and i hope it continues. isn't this going to be in the distance but while julian admits that the still a way to go for this duo a boy insular view of believes they can already mount a challenge for the world's top on as it's com

talk us through that dimitri i mean is this one of the center of focus is of the i.t. sector right now well i don't think there's thirty six you can really exist with all the start ups so you can certainly exist to maybe service in government and corporations but if you really want some growth you want some things we sure you see consumer oriented and certainly we're talking about startups is russia known as a market for that. well in the market for startups is a strange sort of phrase i would say that yes there are startups in russia we can count them in many hundreds maybe thousands of some war three i do startups but certainly the infrastructure and the ecosystem and of course especially the success stories are much fewer and much was developed in silicon valley or maybe some other places like new york city or along the. what are you how do you in the late your competitors or do you want to do something completely different so in this sense i would just to say that i am somehow not completely related to their t.v. business itself so i'm representative for instance o

to discuss this i'm joined by dimitri rape in he is the c.e.o. of digital october technological entrepreneurship center maxime question eak he is the investment director at intel capital and we're also joined by yvonne sure start he used to director of research at skolkovo institute of science and technology all right gentlemen let's start up with the issue that a lot of people talk about and it's start ups in russia. talk us through that dimitri i mean is this one of the center of focuses of the i.t. sector right now well i don't think is there if you think you can really exist with all the startups so you can certainly use this to maybe servicing government and corporations but if you really want some growth you want some things which are you see consumer oriented and certainly we're talking about sort of the market for that . well in the market for startups is a strange sort of phrase i would say that yes there are startups in russia we can counter. many hundreds maybe thousands of some war three i do startups but certainly the infrastructure

-- sorry, paval dimitri chinka, who has been arrested and has confessed to this attack.olice have even released their own video which shows them that yes, he did indeed do it. he organized it, but he says not to the extent that it happened. what happened, we know, was that in january, sergey was arriving at his home here in moscow when someone called out his name and he turned around and someone threw a jar of sulfuric acid into his face. police have found the man who threw the acid and the man who acted as the driver. >> sergey has these third degree burns to his face, almost lost his sight. does he think he's going to be returning? h. >> he's pretty optimistic. he's undergone multiple surgeries and he expects to spend many, many more months recovering. his doctors believe his eyesight has been saved. just how good his eyesight will be in a few months is an open ended question. he says he's still very much involved on a day-to-day basis. >> hopefully, he will be able to do that. thank you. >>> venezuela is all but shut down today. this is a country in mourning. people b

dimitry medvedev says the eu is behaving like a bull in a china shop. chinese factories posted a rebound in march activity after a slump during the lunar new year, giving hope that at least there a gradual recovery is on track. sdwra you're watching "worldwide exchange," bringing you business news from around the globe. >> and a bit of good news out of britain, briefly, markets were waiting on this figure. sterling is jumping because uk has reported a rebound in february retail sales after a disappointing january. we're seeing car production jumping about 26% year on year. and all this doing a lot to help calm some of the concern that we had seen in earlier figures showing some significant weakness for the uk economy. also getting into the public sector finance data, we can bring you that in just seconds to the message basically being public finances improved in february. again, you can see the sterling reaction there. 0.6%. we'll talk more about the uk public sector finances in just a second. and in the wake of the budget with shadow chancellor ed ball

having wrapped up his first official visit to russia, he met dimitri medvedev and signed a number of deals. ishave a look at why africa the next destination. >> it is no coincidence that the new chinese president has included africa on his first official trip abroad. is a relationship worth billions. the chinese economy has become the second-largest in the world. chinese companies employing thousands of workers to secure their resources. last year the african exports to china were worth $166 billion. china the biggest trading partner. but the chinese interests are not just economic. beijing spent $200 million building new offices in ethiopia. china's state television is set up in kenya. indication seems to be that china wants the deeper political relationship or influence over this research rich continent. front one of the major challenges facing the new leadership will be ensuring clean water. half of chinese cities are without clean drinking water. >> water pollution in china is becoming almost impossible to ignore. 40% of all surface water is so badly polluted that simply touching

dimitris to love your around to follow up a recent european sixpence with a good performance of the world figure skating championships in canada. and we look at the russian team which motorsports part of and you were destroyed as some lows made the podium supersport race of the season in australia. will start with football on your. sponsored moscow korea after a sizzling stance as a red and white speak terek free one in the first game of the winter break moscow went five points clear at the top following its two no victory and cruellest soviets of well with more on all the action from week twenty. the old was after a three month winter break finally the russian premier league regime and and university on how to sponsor debut to remember scoring three times in spot x. three one win against tatic getting his fust off to just two minutes he second was an absolutely cracka out he went on a mazy run before the ball fell to the armenian international who rifled an unstoppable shot from distance leaving the keeper with one chance i mostly see on completing his hat trick fifteen minutes from time

bolshoi ballet dancer pawel dimitri jangled could spend up to twelve years in prison for masterminding an attack on his artistic director the soloist admitted his involvement but said splashing acid on his balls wasn't a plan. and venezuelans saw in mourning as a country braces itself for change after the death of his flamboyant leader. of the prospects i'll look at all of it called transition. at seven pm here in moscow you're live with us on our team is good to have you company. the u.n. is demanding the immediate release of a group of peacekeepers taken hostage by syrian rebels in the golan heights the militants say they use in the observers as human shields and will hold them until syrian government forces pull back from a nearby village arches middle east correspondent paula slayer has the details. all twenty one you in personnel were unarmed they're all from the philippines and we've heard from the philippines foreign office who has demanded their immediate release the philippines government says that they are being treated well that negotiations are underway to try and secure th

you receive from the european central bank as emergency funding assistance a detail that angers dimitris. they want to push. and while this implore you worries about the health of this bank other supports worry about one to hope and if at all we have no cash we are just a truth behind the. him machines waiting to get some tabs for how you know and while this new exhibit pool deal me is still used often banking meltdown for many sixty minutes feeling towards the us is one of frustration it's better to go back to the power of the time we get today you know he at it what it does us but i think it was then that led to before we get pounds he said quietly from eight till january two thousand and eight when we had to make euro the only other site upside down so slowly so you were about to these kind of situation so now we have such. a situation to have to wait but. today because it's going to take so long and for now cypriots are forced to wait for the banks reopen for cash to start flowing for jobs and life savings to secure. does so sylvia are to nicosia cyprus the president of cyprus is def

to discuss this i'm joined by dimitri rape in he is the c.e.o. of digital october technological entrepreneurship center maxime question eak he is the.

you receive from the european central bank as emergency funding assistance a detail that angers dimitris. is like they want to. and while this employer you worries about the health of his bank other supports worry about when to leave you open if at all we have no cash we are just a truth behind him waiting to get some tough for her alone. the pool deal me a. banking meltdown the money system that's feeling towards the up is one of frustration but it's about the power of the take we get to the end it was the disaster but i think it was then that it took before we the pounds he said from. january two thousand and eight when we enter you are the only other side who will see upside down so slowly so you were about to these kind of situation so now we have such. a situation to have to wait but. today because it's going to take so long and for now cypriots are forced to wait for banks reopen for cash to start flowing for jobs and life savings to be secured and. does so sylvia are nicosia cyprus the president of cyprus is defending the controversial rescue package saying it's painful but in the

artistic director but claims as blushing his boss with acid wasn't the plan the renowned a soloist dimitri django and his accomplice will remain in jail until next month. and venezuelans are in mourning as the country braces itself would change after the death of its flamboyant leader who. examined the prospects of the political transition. it's six pm here in the russian capital you're watching r t a live with me to bomb would say it's good to have you with us the u.n. is demanding the immediate release of a group of its peacekeepers taken hostage by syrian rebels in the golan heights militants are say they use in the observers as human shields and will hold them until syrian government forces pull back from a nearby village archies middle east correspondent has the details. all twenty one new in personnel well armed they're all from the philippines and we've heard from the philippines foreign office who has demanded their immediate release the philippines government says that they are being treated well that negotiations are underway to try and secure the release of the militants are adm

it but didn't want him to be splashed with the acid earlier today a moscow court ruled a barbell dimitry chang go and the men who were allegedly carried out the assault all remain under arrest until the eighteenth of april mantilla the preliminary probe is complete which is tom barton has been following the pretrial hearing. on march the sixteenth pavel dmitrichenko was due in the bolshoi theater behind me to take part in another great performance there he will not be there he will be staying in detention and least until april the eighteenth a judge has ordered that's when the investigation will wrap up into this case of this acid attack possibly longer that was ordered by a pretrial at a pretrial detention hearing today and that was after mr richard cheney had said that he did admit that he had committed a crime but he had to collude with his two accomplices and pay them about one and a half thousand dollars but he did not plead guilty to ordering them to throw acid in the face of surrogate fill in the direct the artistic director of the bolshoi theater there is a cloud of rumor circlin

you receive from the european central bank as emergency funding assistance the detail that angers dimitris. is like they want to push. and while this employer you worries about the health of this bank other supports worry about when their beds movie open if at all we have no cash we are just a truth behind the. him machines waiting to get some tabs for how you know and while this you are. banking well down the money sixty minutes. is one of. its better to go but. by the time we get to. it with the disaster but as it was then. it took before we the pounds he said it was january two thousand and eight when you're the only other side upside down so slowly so you were of these kind of situation so if. we had such. a situation i have to wait but. today because it's going to take so long and for now cypriots are forced to wait for the banks reopen for cash to start flowing for jobs and life savings to secure. does so sylvia are nicosia cyprus the president of cyprus is defending the controversial rescue package admitting it is painful but in the best interest of the country meanwhile the troika

multi-million pound your door but again you met the man within hours of his death the night dimitri peskov president putin's press press attache said the kremlin had received a letter from him two months ago asking for forgiveness asking to return back to russia why do you think it write that letter after in such a strong critic a staunch critic of putin or vision is well i think. what can i say. there is nothing that you could put past boris berezovsky nothing and. he had a deep love for russia and longed to go back there as i understand so a genuine apology do you think it would have been from a man it could have been but it could have been it would have been forced on him by his own circumstances i mean it's been an open secret in london for at least a year a year and a half two years now be even before the abramovich law case that boris berezovsky was running out of money and. his last throw of the dice seemed to be a gamble. for joy understand he had expected to get a set a generous settlement from mr abramovich rather than take it all the way through court where he was humiliated by

play this. >> i'm dimitri born in 1984. moscow resident. i live in moscow.attack, but not to the extent that it eventually happened. >> reporter: that's how they do it in russia. keeping with the theatrical theme. the attack was over a woman, another bolshoi dancer and he was apparently protecting the honor of his girlfriend passed over for key roles and that's her with him right there. the attack, by the way, captured on surveillance cameras and two other men involved in this have also confessed and they're all facing up to 12 years in prison, megyn, if they're convicted, but it looks like they likely will be. this is like brad pitt attacking george clooney over angelina jolie in russia, this is how big the dynamic is over there. >> megyn: or maybe jennifer aniston attacking angelina jolie over brad pitt. maybe more, i don't want to say likely, but -- more akin to the situation. all right, trace, thank you. >> reporter: okay. >> megyn: coming up, dramatic turn in the trayvon martin murder case today. and it is dramatic as we learn about a quote, lie, that's

european commission jose manuelso is holding a press conference with the russian prime minister dimitrydev. this conference was well planned ahead of any issues from cyprus. we'll keep an eye on wires for those comments. in the u.s., takes a look at what's on the agenda today, investors are look to shake the sell-off in stocks. this morning, we weigh earnings from jeweler tiffny which posted disappointing holiday season sales. nike came in with better than expected results last night. the dow at the open, still wouldn't do much to rebound tr yesterday's decline. let's get straight out to todd horwitz. todd, markets relatively -- does that change today? >> good morning, kelly. the markets are very near in my opinion the top. we're seeing a lot of flow into the u.s. dollar, a lot of flow into the bonds. so a lot of the risk is coming off. although we may make tops here, i think we're much closer to the top and i think the risk is to the down side. now what you're seeing is you're seeing a lot of the late money, a lot of the late retail trade, a lot of the fund managers, a lot of people tr

i want to also recognize dimitri who really made this organization. i live in new york. case in washington where his organization is, and i decided -- he's the man who built his organization. no misunderstandings about the. i also want to recognize -- [inaudible]. we worked together for many years. he ran one of our companies in the philippines, and i'm delighted that he has been recognized to be ambassador for the united states. why did i write this book? a couple of reasons really. one, there were hundreds of thousands of people at aig who worked with me for years, and i believe that the story had to be told. how did we get from when we went public, we went public with $300 million of market value. when i left at the end march 2005 it was 180 billion. we had great growth, and it was accomplished by many, many people, and their story had to be told. many of them left a aig, and i will get into that in a moment. aig was an outgrowth of the star companies. this was a small collection of insurance companies that c.v. starr, founder, had put together. and i joined him, and

dimitri said he agreed to that but he said he did not agree to, had no idea of and certainly did notcid in this attack. he said he had no idea that was going to happen. he did not want the man to be hurt seriously. when he heard what happened, he was just as shocked as anyone else. >> so the other two that are in custody, what do they say about what he's saying? >> we're still waiting to hear precisely what that will be, just to what extent their version of the story does differ. they have also been remanded in custody while this investigation is completed and until it moves on to a proper trial. according to the russian police, however, those two have also confessed to their role in planning and carrying out this attack. >> it's a horrific attack. phil black live for us in moscow, thank you very much. >>> 38 minutes after the hour. this morning hugo chavez' body lies in state this morning in venezuela. various latin american leaders are already there for tomorrow's funeral. the country has declared seven days of mourning, closed schools and deployed armed forces to help keep the pea