model so you can export when you factor protestant and compete with other countries like for instance embraer now they have a factory in china they are selling more is that if jets to china this is the way to go otherwise brazil will be selling soya beans in orange juice to kingdom come and the nonaligned countries they look at their in south america they look at brazil as a model in asia they look at china as a model russia it's not much of a model to anybody unfortunate well you know michael has a model that would sell very very articulate very well in many claudel at the same time fredricka if i go to you fredricka here i mean already i let me add something here and i had go ahead jump in. ok let me add something here about brazil and india i think clearly china is economically the powerhouse but the studies that i have done on india and brazil as well as in china in the you know they should insist and actually indicate to me that. if they do not make too many policy mistakes both brazil and china and perhaps even russia within fifteen year sexually can have a very diversified and flourish

by manufacture products from anybody apart from ultra high tech technology which is the case of embraer like as i conceive jets but and russia basically it's still monoculture it's oil and gas and weapons industry as well so the diversification of the brazilian the indian economy is going to take i would say at least another two generations but the most important thing in my view is the political power in the long run of bricks or brick or the large bricks. first of all trying to get rid of that absolutely stupid mechanism which is nato which has now become the you know the weaponized arm of the united nations and who wants to rule the world as the best chinese scholars at writing and saying it openly i talked to one of them last week and this is how they see it they see the. point i want you to finish it i want you to feed africa i want then take you know we literally come back from the break i want you to finish your point after the break we'll continue our discussion on the challenges to the west state with our. they come in dozens. still wants to play with. others wants to take spir

intended to be a competitor to rival medium range aircraft manufactured by canada's and brazil's embraer. the market's performance in europe stocks are mixed in the footsie is down by just north of the x. is up zero point seven percent technology sectors leading the gains with the shape of making a s. and l. holding up more than one percent also chemical group so noble is gaining four percent after reports of a jump in first with a profit. here in russia the markets are also a mix of this hour with investors getting ready for eastern for european easter holidays the r.t.s. is gating half a percent my sixes down point three percent stake in some individual share movement lukoil is down one percent that's despite edging slightly higher this gazprom however is three quarters of a percent higher volume it sours among the top losers the supply of precious metal prices that's after the company published disappointing results. as take a look at commodities now and as i was mentioning oil is edging slightly higher light sweet crude is up by one hundred twelve dollars per barrel brant is just ove

richard as a competitor a medium range aircraft manufactured by canada's the guardian and brazil's embraer . russian oil pipeline monopoly transnet says it may file a lawsuit against china in a london court over under payments for all supplies and grounds for the legal action lies in chinese partner sea and the seas failure to meet their greek price formula but before going to court both companies hope to suddenly shift or a negotiation is transparent says its monthly losses are valued at around twenty million dollars while they are ruled out have exceeded one hundred million dollars . and the high tech giant apple almost doubled its net profit in the second quarter become pretty has benefited from rising demand for i was thrown out and weighed lower than expected sales of apartheid that news is giving strong support to act which is the world. let's look now at how the markets are performing this hour in europe as talks are on the rise acknowledges that he's leading the gains with chip equipment maker at a m.l. holding up more than one point six percent also chemical group x. and noble is

to be a competitor to rival medium range aircraft manufactured by canada's on badia and brazil's embraer. so to the markets now u.s. stocks are looking positive after a strong wednesday session they're driven today by serious shares of apple and morgan stanley apple boosted first quarter profits with sales of its stock is up more than two percent this out of. europe and of the day max the fourth just a notch there however technology sector stocks were up especially air some l. holdings after a forcing better than expected profits. and here in russia the markets also ended the day next the r.t.s. up half a percent myself down by just the last which is ahead of the european easter holidays so even if some of the shares their gas problem is up two percent after announcing it will be taking part for the time being in the development of the elephant well field in libya polymaths all still among the top news is despite high precious metal prices that's after the company published disappointing results. the nature of money is the jump out quickly come break very quickly so soon as people realiz