with me dimitri medvedev and co it has been a tumultuous crisis wrecked year for many but some have been battered so hard they made it into a business and things short list of this year's biggest losers and that's just on its critics a close look in purely financial terms the past year's biggest loser is the man behind mexico's group or lack track record. nine billion dollars in two thousand and twelve he has seen the value of his assets nearly cut in half of the past year facebook's founder of the past year was what it's like before facebook stock market debut zuckerberg was estimated to be worth up to twenty billion dollars the social network stock has underperformed since its may i.p.o. and zucker briggs net worth has dropped by about half but while he's still solidly in the world's top one hundred richest people boris berezovsky this year's biggest loser in terms of reputation is definitely not his six and i have billion dollar lawsuit against another prominent russian oligarch ramon abramovich became the biggest private litigation battle in the british history and the biggest flop f

funds we know that he did actually lose his position that's because at the time the president dimitri medvedev he fell out with them but the interesting thing is is that he fell out a lot to do with because he was very critical about how russia was spending its money in particular to do with the military he felt that it was too much also or dependency as well and he was talking about today's budget and it seems like his opinion hasn't changed much. to the new budget has the same flaws i was talking earlier about with the government and these exact disagreements the reasons for my dismissal. huge budget for difference in law enforcement these expenses are not really enormously blown up they're not affective and you budget is forecast really different. you should the oil price either be from ninety seven to one hundred ten dollars per barrel but if the oil price goes to eighty dollars it will be a critical point for russia we might not get new loans and lose our investment rating so oil prices will continue to determine our future. yes he's critical about dependency on oil it's a theme that keep

i don't welcome to business on tea with me dimitri medvedev russia's budget plan for next three years has been signed by president vladimir putin today setting the budget deficit a point eight percent of g.d.p. for the next year this budget has been drawn up by a finance minister in the on off with regard to the new rules for the use of oil and gas money which in the past has been used as a safety net by the former finance minister nick seclusion to see russia for bad times now let's get more details on how this works with casey pilgrim she's at the business desk so katie how does the budget look first of all that a major well i'll start with the numbers first of all if we look at revenues the budget has set this up four hundred fourteen billion dollars but if we look at the deficit but saying we're looking at five hundred twenty billion dollars now that of a putin has said he doesn't want to borrow as much money but there is a certain purchase that's going to happen next year we're going to be looking at seven billion dollars of your eyeballs us to nominated a year right balance a bi