gazprom says it will raise their bars the gas price last year at their time perswaded the gas pump to sell a part of its gas at a price leads to support prices which will lower the gas prices called charts now elan is asking for further reduction so the company is suffering have the losses due to the gap between gazprom surprise and that's all the european markets which serves but gazprom wants to stick to its long term contracts which it says provides a secure it's of all the customers at only a small premium to the support prize the talks have lost it for more than a year now without success so evil is now taking the matter to arbitration courts lawyers we've spoken to suggest it is within the court's power to instruct gazprom to decrease what it charges but it would need a contractual reason to find three very. valid to have the markets prices are under pressure following a disappointing report on u.s. manufacturing that both have concerns over crude rights where it is currently trading below ninety five dollars a barrel well brant is losing twenty six cents and is trading at one h

gazprom says it already revised the gas price for the old last year at that time persuaded gazprom to sell a partner with gas at a price links to support prices which will lower than gazprom contracts now eon is asking for further reductions become pretty suffering had a losses due to the gap between gas problems price and that's only european markets which he'll serve but gazprom wants to stick to its long term contracts which it says provide security for customers at only a small premium to support prizes the talks have lost today for more than a year now without success so now it is taking the matter to an arbitration court lawyers we've spoken to suggest it is it will be in the courts power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in favor. of lawmakers in washington are still culpable together a deal to cut spending and avoid at that default all the plans to go through the process is inspiring little confidence in the markets and investors are concerned it's just a short term fix and the ratings agencies will see right through

gazprom says it already revised the gas price for last year at that time igor persuaded gazprom to sell a part of the gas at a price linked to support prices which will lower their gas pumps contracts now eon is asking for further reductions the company's suffering had a loss of due to the gap between gas pumps brize and that's all the european markets which he own third of all gazprom wants to take its long term contracts which it says provide security for customers at only a small premium to support prices the talks have lost to the for more than a year now without success so now iran is taking the matter to an arbitration court lawyers we've spoken to suggest it is it will be in the courts power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in favor. and same with the story analysts claim gas monopoly is in a difficult position as it started to lose some profits or markets are going on and all the children partners they demand for more things actually especially they will go to surprise the only hundred percent of support based i think

says it already revised the gas price for last year at that time persuaded gazprom to sell a partner with gas at a price linked to support prices which will lower their gas problems contracts now eon is asking for further reductions the company's suffering have the losses due to the gap between the gas problems prize and that's only european markets which even third but gazprom wants to stick to its long term contracts which it says provide security for a customer at only a small premium to support prices the talks have lost to the for more than a year now without success so now iran is taking the matter to an arbitration court lawyers we've spoken to suggest it is that within the court's power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in favor. staying with the story analysts claim russia's gas awfully is in a difficult position as a stock was to lose some profits or market share. the on another chairman partners their demands for more things actually especially they would like to surprise their concert on the hundred percent of s

gazprom says it already revised the gas price for e.o. last year at that time persuaded gazprom to sell a partner with the gas and the price leads to support prices which will lower their gas problems contract now iata is asking for further reductions the company's suffering had a loss is due to the gap between gazprom surprise and that the only european markets which deal in third of the gas problem once to stick to its long term contracts which it says provide security for customers at only a small premium to split prices the talks have lost for more than a year now without success so now evil is taking the matter to an arbitration court lawyers we've spoken to suggest it is it will be in the courts power to infrastructure gazprom to decrease what it charges but it would need a contractual reason to find in favor. of stake a look at the markets now or oil prices are under pressure following a disappoint some of course on the us manufacturing of concerns over crude the marantz light sweet is currently trading at ninety for the. dollars p

gazprom says it will read to revise the gas price for eat all last year at that time persuaded gazprom to sell a part with gas at a price linked to support prices which will lower their gas problems contracts now eon is asking for further reductions the company's suffering had the losses due to the gap between the gas prices prize and that's all the european markets which serves the gazprom wants to stick to its long term contracts which it says provide security for customers at only a small premium to support prizes the talks have lost to the for more than a year now without success so now eon is taking the matter to an arbitration court lawyers we've spoken to suggest it is it will be in the courts power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in favor. now the united states may have avoided defaulting on its debts but that has created little optimism on the markets instead investors are focusing on the poor state of the world economy also adding to concern is the fact that washington will be cutting spending by two and a half tr

gazprom says it already revised the gas price last year at that time your first way to. partner with gas at a price lead through sport prices which will lower the gas produced contracts now iran is asking for further reductions the company's suffering had a lot of juice with a gap between gas prices and that's all the european markets which he'll serve but gazprom wants to stick to its long term contracts which it says provide security for a customer at only a small premium price is the talks have lost it for more than a year now without success so now iraq is taking the matter to an arbitration court lawyers we've spoken to suggest it is being the court's power to instruct gazprom to the trees what it charges but it would need a contractual reason to find in favor. and staying with the story i know this claim russia's gastronomically is a difficult position as a stock is who lives and profits or market share. you know on another chairman partners the demands for more things actually especially they will go to surprise the concert on the hundred percent of support based

it with gas prices and that's all the european markets which he'll serve at gazprom going to stick to its long term contracts which it says provide security for customer at only a small premium price is the talks have lost the for more than a year now without success so now you're just taking the matter to an arbitration court lawyers misspoken to suggest it is it will be in the courts power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in favor. and stay with the story analysts claim russia's gas will play is in a difficult position as it's going to lose in profits or market share. all in all the german partners for more things actually especially they would like to surprise the one hundred percent of i think the. risk actually was in its profits from the other hand many criticism is from the partners because they think that you've guessed from them all that kind of flexible. with european partners they will lose market share so no balance between losing market share and losing the profits. or let's take a look at the markets now it's

my stakes almost two percent let's take a look at the snapshot of the market moves on the my sex gazprom along with other energy stocks is down one point eight percent this hour as well. this is all declining a look at them in just a second now gazprom has also reported an eighty six percent growth in the net profit for the first half was telling is bucking the trend it's up one point two percent after growing more than ten percent in the previous session one of the most volatile stocks last week and saw double digit. and as burbank is down one point eight percent along with other financial stories. crude prices are down after seeing some overnight gains in the u.s. light sweet as a climbing more than one dollar on worries all over the states of the economic recovery global economic recovery as these. figures for g.d.p. growth come in. and precious metals are next calder's up or selling is back on the stock markets up one percent silver is down one percent this hour now in corporate news gazprom a significant part up its export forecast for the year that as the russian gas giant recorded

gazprom says it will read to revise the gas price last year at that time perswaded. a partner with gas at a price linked to sport prices which will lower then gas prices contracts now eon they can fulfill the reductions the company's suffering had a loss of due to the gap between the gas prices prize and that's all the european markets which even third but the gazprom wants to stick to its long term contracts which it says provide security a full cost of a at only a small premium rises the talks have lost more than a year without success so now iran is taking the matter to an arbitration court lawyers we've spoken to suggest it is that within the court's power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in his favor. and let's take a look at the markets now u.s. stocks opened in the rad with investors cautious about the prospects of a recovery and a potential credit downgrade that's coupled with a report states in spending the climbed in june for the first time in almost two years and this is in the negative territor

those are the klein a look at them in just a second now gazprom is also reported ninety six percent growth in the net profit for the first half was to tell a call is bucking the trend it's up one point two percent after growing more than ten percent in the previous session one of the most volatile stocks last week it's all double digit walls and as burbank is down one point eight percent along with other financial stocks. crude prices are down after seeing some overnight gains in the u.s. light sweet is declining more than one dollar on worries all over the states of you cannot make recovery global economic recovery as these. figures for g.d.p. growth come in. and precious metals are mixed gold is up or selling is back on the stock markets up one percent silver is down one percent this hour now in corporate news gazprom has significantly bumped up its export forecast for the year that says the russian gas giant recorded a twenty one percent increase in exports volumes to non-serious countries in the second quarter italy and turkey showed the biggest growth with demand returning to pre-cris

gazprom says it already requires the gas price for eat all last year at that time perswaded gas prone to sell a part of its gas at a price linked to support prices which will lower the gas pumps contracts now eon is asking for further reductions the company's suffering had a lawsuit due to the gap between gas prices bribes and that's only european markets which third of all the gazprom wants to stick its long term contracts which it says provide security for customers at only a small premium price is the truth have lost it for more than a year now without success so now you're mistaking the matter to an arbitration court lawyers be spoken to suggest it is it would be in the courts power to infer tried gazprom to decrease what it charges but it would need a contractual reason to find in favor. staying with the story on a less claim russia's gas not only is in a difficult position as a start with some loser profits or market share. it on an hour the chairman problem is the demand for more things actually especially they will go to surprise their conflict on the one hundred percent of su

of russia's gas giant gazprom has been tasked with overseeing the project so that definitely is still in the works and could be a very lucrative deal for north korea for south korea as well and definitely for russia which is looking to export more of its resources. reporter if you were logged on to r.t. dot com you can find out how the north korean leader has been spending time in russia ahead of the key meeting this includes a relaxing day at the world's deepest lake. and taking a dip in its waters website. with r.t. live from moscow to some other news now investigators say they have new information about who ordered the murder of a russian journalist. five years ago the statement of follows the arrest of a key witness in the case who's now fallen under suspicion himself organizing the killing. has more. the very latest to come out from the investigators is that they are saying they have information regarding the name of the person who sold it the nation of journalist anna politkovskaya now this is the person they've really been looking for the man right at the top of the pyramid and

of russia's gas giant gazprom has been tasked with overseeing the project so that definitely is still in the works and could be a very lucrative deal for north korea for south korea as well and definitely for russia which is looking to export more of its resources. because we're not out of our border right there what if you don't you're also you bill clinton you know find out how the north korean leader has been spending some time. in russia head of the key meeting this includes a relaxing day at the world's deepest lake thought of by karl rove taking a different its waters more details on our website and our teams on. to some other news now here on r.t. investigators say they have new information about who ordered the murder of russian journalist. five years ago the statement follows the arrest of a former key witness in the case he's now fallen under suspicion himself for organizing the killing. the latest. the very latest to come out from the investigators is that they say they have information regarding the name of the person who sold this the subsidization of journalist anna poli

of russia's gas giant gazprom has been tasked with overseeing the project and also with traveling to north korea and are earning out some of the fine. details of the project so that definitely is still in the works and could be a very lucrative deal for north korea for south korea as well and definitely for russia which is looking to export more of its resources so this is definitely a financial bonus especially for north korea which is finding itself in very difficult financial times. thanks very much indeed for the details because you know there are reporting from russia's republic of buddha it's you know there for us. are you watching r t let's now switch to other news that we are following for you here on the network investigators say they have new information about who ordered the murder of russian journalist on a public five years ago the statement follows the arrest of a former key witness in the case who is now fallen under suspicion himself for organizing the killing artist peter all over brings us the details. the very latest to come out from the investigators is that they

and in corporate news gazprom is significantly bumped up its export forecast well yeah that's after the russian gas giant reported that twenty one percent increase in exports volume to the non-serious countries in the second quarter it's only and he showed the biggest growth with him on returning to pre-crisis levels one docs thought was germany kasparov's biggest customer in europe where consumption continues to decline and we will be back in fifteen minutes time with not plate of latest business news breweries next with a headline. all . closer to. the bottom line of. the bunch a bunch of flights on a bum artsy. to the max air show.

last year at that time perswaded gazprom to sell a partner with gas at a price linked to support prices which will lower the gas pumps contracts now eon is asking for further reductions the company's suffering had a losses due to the gap between the gas bills prize and that's all the european markets which third of what the gas from wants to stick to its long term contracts which it says provide security for profitable at only a small premium to support prices the talks have lost and for more than a year now without success so now iraq is taking the matter to an arbitration court lawyers we've spoken to suggest it is it will be in the courts power to infrastructure gas from to decrease what it charges but it would need a contractual reason to find in favor. and stay with the story analysts claim russia's gas when openly is the fiscal position as it stuck with to lose in profits or market share. you know all in all the chairman partners they demand more things actually especially they would like to surprise the only hundred percent i think that's the key risk actually guessed wrong was i

gazprom bank says investors should look to fundamental stories for a safer bet. it's better to stick with fundamentals and look for the stores which are in any event cheap and provide you with well you would actually whether if you were russian market would probably be one of the stores where the guests represent your guest rob despite all the things associated with the company it's really really cheap company with there we have assets that i would say are all still the problem of the sharp sell off during the last couple of weeks it's no again a very good buying opportunity. also some media stocks as well like just yesterday for example and then again i think there are. you can write the really far and expensive story the question is not the price the question is do. the market prints which are. again that would be of beautiful in russia in a way is a part of global financial universe. is dependent to it. russia stakes for tuesday on oil will increase six dollars to four hundred forty four dollars but in september and on thursday prime minister putin has also si

of russia's gas giant gazprom has been tasked with overseeing the project so that definitely is still in the works and could be a very lucrative deal for north korea for south korea as well and definitely for russia which is looking to export more of its resources. it is over there and kim jong il's trip to russia began on saturday and for more on where the train stopped on its journey you can log on to our dot com it included a relaxing day at the world's deepest lake baikal and did in its mixes for more on the visit you can check our web site it is dot com. iran has filed a lawsuit against russia in the international court over its refusal to supply s. three hundred missiles going to brings us more now on the story from outside the iranian embassy here in moscow according to the iranian ambassador to iran is suing moscow over a shipment of a badge of russia's past three hundred air defense systems to tehran under a deal which was signed back in two thousand and eight but the shipment never went through because in june two thousand and ten the u.n. the security council slammed a set

just a notch take a look at the main movers on the markets and mostly they're still down blue chips gazprom down point one percent. is point two percent a low invest. however reacting to the announcement of the stock has been included in the global start in seas that's been happening for the past couple of months now it's been very volatile and this is one of the hardest hit stocks of the moments down one percent. in love the bank says given the current market volatility players prefer to buy into less liquid but safer stocks for a long time. we have seen some activity from a long long situations which are picking up some second tier names across the russian universe in small quantities there is until the fact that we're probably going to get a bit lower from here but they're happy to start by now. so a select second tier names are potentially. a good investment opportunity for long only investors for investors with a long term price and in terms of blue chips the activity has been quite volatile there hasn't been any sector after four months which is markedly. explicit over the last few da

russian equities have been struggling to find any positive momentum and trade but done about gazprom banks says investors should look to fundamental stories for a safer bet. these radicals stick with fundamentals and they go for the stores which are in any event cheap and provided well you. actually quote if you are russian market i would point out probably one of the stores where the gifts are through socialist guest despite all the things three of the company it's company with there were assets that i would say there was there were problems of the sharp sell off during the last couple weeks it's know it again everybody of the community . all sorts of media stocks as world's largest us media for example and then again i think. you can write the really far and expensive story the question is not the price of question this being the market friends which are. again i would repeat predictable in russia where we as a part of global partnership. universe. is dependent to it. russia stakes for choosing on oil will increase six dollars to four hundred forty four dollars per ton in september

south korea will also take part some technical matters are going to be settled now some time ago gazprom delegation at the level of the vice chairman of the board visited the d.p. r. k. yesterday i ordered the chairman of the board aleck similar to tackle this issue the pipeline which would bring say very natural gas to the heart of asia would mean money for the struggling north korea and the new market for russia the north koreans are not going to be. a situation price of gas imports from russia would ever paid up because the building the pipelines and the pipeline has to be extended in south korea so it's not the south korean market but the formal state of war between north and south korea is a huge obstacle and this is yet another situation where russia has an advantage bush is in the perfect position to play this role because of their closer relationship with the united states over the past years because of the fact they aren't seen as a lot i did with north korea as china is and because someone has to as a world leader stand up and say this war has gone on for sixty years and had th

maybe not a solution so heavily in the red there they are energy majors are losing support from crude gazprom is down more than one half percent financial stocks are also lower as investors are pricing in the recent decline in futures for the s. and p. five hundred stocks are rallying though after heavy selloff in the past months while looking at long term trends are going to hire from a dialogue advisors to pay attention to gold related stocks in the russian. russian drops off like about ten percent in the last two weeks time while gold prices went up at eight percent so i think this is not fair maybe of buying gold stocks right now in short on not the best idea it's probably better to buy some spots for those who are building positions for meats and long term i think this is really kind of for a good opportunity a good chance to buy them. something on the figures now russian gross domestic product has risen from point seven percent in the first half slightly below four cost the government still expects the country's economy to expand by four point two percent this year meanwhile analysts ha

percent in the first minutes of trading the growth is mainly supported by energy and financial stocks gazprom was up almost two percent was better bank is over two percent in the black as well in my sector will open in just a few minutes it's closed in the red on friday on investors' concerns over the us their situation. now united states debt was illusion will be the main driver of investor sentiment today but michael stein from not could says there's a lot of domestic means to give additional support to the markets going forward investors are going to take cues from external depends to a large extent in any case of the markets likely to remain quite volatile as we head into august as the summer volumes dry out and as we head into a month which historically is correlated with bad news today. it will be hosting a conference call to discuss their second quarter numbers which were released on friday. protest is going to release a second quarter operating update in the central bank of russia is likely to make an interest rate decision we expect like most houses interest rates remain unchanged fo

now we're down to end of the day two and a half percent in the red bucking the trend though with gazprom that managed to reverse into the blackout trading two and a half percent lower in evening session and banking stocks the worst hits bear bank lost nearly because the. prices are slightly up after an almost six percent decline on thursday concerns about global economic recovery a weighing on crude over the we could all it's giving some support to it like what is trading at eighty two dollars a barrel and brant is trading at nearly one hundred eight dollars a barrel and a quick look at the precious metals gold is trading at a new record high level as uncertainty about the global economy is pushing investors back to safe havens for prices now at about one thousand eight hundred fifty five dollars per ounce and silver is gaining three hundred percent and is trading at forty one dollars per ounce. it's been called the largest infrastructure project in europe the first part of the russian but north stream gas pipeline. for a witness the final stages of construction. well this is the very la

then business gazprom sees a strong start to the financial year as the energy giant increased net profit by forty four percent of all forecasts to me for full business bulletin and twenty minutes time. it's three pm here in moscow this is our g coming to you live on news now with our top story this hour and family members of colonel gadhafi had fled libya to neighboring algeria this comes as rebels claim to have killed the colonel's youngest son artie's marie from notional reports now from the capital as people struggle for stability following the recent rebel takeover. goofy shield around the sea chief who claims well continue tripoli the city has indeed changed appearance recently. what used to be one of the most beautiful on the african mentor a incased now looks neglected and duty. with fighting still continues in parts of the city and in the rebels and gadhafi forces an army of another kind has taken to the streets where they only. have forty one year life they're finished with this and now. clean. oh bless you with police no longer on the ground armed volunteers maintain order some

individual movers on the my six energy majors among the main loses weight by a little crude price gazprom as losing one point four percent bt b. is down also one point four percent ross nafta is dropping wrong one percent. bucking the trend is wholly metal adding one point two percent higher gold price. now with global markets reeling from continued uncertainty over debt issues alexander competes co at renesas capital believes investors will continue to talk of gold there is no secret in this with all these risks lumia might create us slowdown but we can still regard. the peripheral real bad problems people are going to go for that's why the russian sprays are. storks we charged even with the growth these are poorly manthorp on assault ground there are parallels can all make sure we all bring attention from the start of from restless. so we have for you this hour but other back with more updates in about forty of us from our statements. plans to close a team was in the cool gum region where men flock from all over the world to have a few centimeters to their self-confidence. this time arc

the close look at some of the individual share movers then energy stocks some of the biggest losers gazprom losing two point eight percent two and a half percent telecom plunged eighty percent sure to be opening of friday's session but managed to close for a whole percent. and isn't south he will be back in fifty five minutes time with an update to bill's next.

is now down almost three percent my six percent and the quarter is a snapshot of the market moves gazprom a long with other energy shares is down it's down two point six percent the company has reported an eighty six percent increase in net profit in the first construction company pick has been posted first off results it's almost forty million dollars net profit against twenty one million the losses during the same period last year financials also under pressure to go back to using three percent. crude prices are coming down after news of g.d.p. stalling for the euro zone light sweet is down one dollar twenty seven cents brant stands at the low one hundred nine dollars per barrel and precious metals are mixed gold is up as selling is back on the stock markets silver however is down one point two percent. after free straight days of positive closes the minister going to sound believes investors should focus on commodity related stocks and those which were among the hardest hit in the previous week. sprong was quite safe it's a large. it's in the best route. to get those games back for mor

now the creation of a russian power generating giant between gazprom then i e that's holding could be blocked the ministry of economic development has opposed the deal saying it goes against competition rules last month the company has agreed so much that power generating assets into a new company estimated at fifteen billion dollars. that's all the update for now but i'll be back with more about what you stay with us. for the full we've got it from. the biggest issues get a human voice face to face with the news makers.

percent they were losing up to five percent early in the day in the seas are at one year lows almost gazprom energy shares are down around one percent this nicole is also down to minus two city has bought back two percent of the company's shares for one point two billion dollars and was telecom remains what some of the most volatile stocks it's down nine point three percent after losing eleven monday. so take a look at what's happening in europe and somewhat of a correction also footsie up point three percent the dax up point two after moving around two percent earlier in the day european union's market supervisor says european regulators are increasing surveillance of financial markets holding several days of steep sell off. now has moved through commodities precious metals in the red gold broke an all time high record on wednesday of eighteen hundred dollars per ounce but. almost one point sick. percent this hour silver is also down one point nine percent. oil prices are down at this hour of the seeing an overnight rally in the u.s. light sweet is gaining around is actually using around a

of russia's gas giant gazprom has been tasked with overseeing the project so that definitely is still in the works and could be a very lucrative deal for north korea for south korea as well and definitely for russia which is looking to export more of its resources. more. lucrative deals between russia or north korea you know a business book of marino. business desk keeping an eye on that yes there are we are keeping an eye on that and of course everyone sees is there as a great step forward for everyone but i mean this we've spoken to say that it will be actually a turtle and so convince south korea because they don't want to be dependent on the north for anything but there is a way out of our analysts told us about that i know you hear about it and business shortly. you will see now more details have surfaced about the murder of a russian human rights journalist on the political sky over five years ago investigators say they have new information about who might have ordered the killing the statement a follows the arrest of a former a key witness in the case he is a retired police lie

stock futures are pointing lower and as oil prices of course lower as we saw there therefore gazprom is losing around two percent example as reported a eighty six percent increase in net profit for the first half ros telecom continues its high volatility of the making double digit gains yesterday in double digit losses last week it's advancing higher and lower all the time financials are also suffering burbank two percent lower this hour. the russian shareholders and c.m. k.b.p.s. taking their british counterparts back to the stockholm arbitration tribunals a once a final ruling on whether b.p. broke the shareholder agreement by trying to organize the arctic exploration and chance what do you with their now corporate lawyer and a gold is confident that they are has a good case as long as they're all sniffing approaches b.p. b.p. should have told us nerved you should have approached first in the photos or sniff approaches the opened the door for to include b.p. be part of the deal this is going to prove to be poor the laws. all right i'll be back in my fifty minutes time with an updat