while europe has launched an anti-trust probe against gazprom and it wants to change the way gazprom operates in europe north stream a.g. the company operating this project has confirmed to us that the first line was only used up over the first year of the project around thirty to forty percent gazprom has been struggling to adjust its prices to meet european demand europe right now is complaining that russian gas is too expensive so basically gazprom will probably need to provide some kind of concession to europe in terms of prices and in fact it's already doing so we will have to of course wait and see as to where how and when supply will meet demand but the capacity at least is already there. all right now let's look at some international markets. where the focus is on the euro zone finance ministers meeting later in the day in luxembourg and the focus is in greece and what i will manage to get the second day and also spain and this financial health. and. a half a percent now if we move on and take a look at currencies we'll see that the euro is still weak and against the u.s. dol

and it wants to change the way gazprom operates in europe basically separating certain of its assets transport from production and sales and on the other hand as the operating company nord stream a.j. has confirmed to us it's a conglomerate of five different investors the capacity of the first slide was only used to around thirty forty percent over the first in just nine billion cubic meters were transported so this all goes down to the fact how gazprom will be able to provide this supply to meet the demand from europe. i mean thanks very much indeed for this and on the way here in r.t. discover more about life in russia's remote villages through the eyes of one very peculiar resident r.t. special report is coming up. in this remote siberians in which people still sing the sounds which russians sang in the middle ages and they cherish the practice church before the seventeenth century the old believers here is sign the area are conservative community they're known as the simi steer a word which refers to families. of the day believe me there yet again i feel that i now am the right p

what's happening with stocks actually gazprom is one of the worst performers today is down more than two percent but that's is kind of in line of what was been happen has been happening in investors' heads as soon as the gastro my now says that it's spending billions and billions of more dollars on new projects then therefore dividends will be cut as profits will become lower and therefore investors are dumping the stock is now down around two percent while the market as you can see the is down point six percent pretty bad day for russia unlike in europe where we're actually seeing some positive dynamics with the footsie and the dax of within one percent and that's despite a surge in germany's unemployment actually a lot of companies have been reporting good profits like b.p. for example also u.b.s. has increased its profits forecast then the stock was up more than five percent and on the currencies markets we're seeing the two year and the dollar pretty flat the past couple of hours in that respect but the euro is up around fifty points despite again the fact that employment of spik

plan to check in on business with dimitri so what is this i hear about gazprom heading east well now working on a huge project to deliver gas to asia and investors apparently not very happy at least in the short term about it because it's quite expensive now the m.g. major will spend around thirty eight billion dollars to build a pipeline the country's far east now further that money will be spent on development of a gas field in the sahara republic where the link will take it starts thirty two hundred kilometer pipelines are expected to be ready in five years gazprom also plans to set up a little five natural gas production plant in the region by twenty eight c. but he says the far east capacities will allow it to set up gas supplies to the asia pacific equal to current european ones or even bigger. so you know what's happening on the markets well the market in general is going a bit down over the my six declining of the us. then this in the back of still world prices stocks like gazprom for example are down more than two percent stake look at some of the main movers on the m i six

economy isn't it that's absolutely right but highlighted in competition that lower energy demand has gazprom his european partners asking for a discount italy's energy giant any insist on cancelling a key contract provision the so-called take or pay clause and he's president paul of scrutiny is reportedly asking to remove the clause if he is to renewed the expiring contract to take a pay principle means that any either takes the specified volume of gals from gazprom or pays a penalty the fine could reach eighty five percent of the price last year any report of the loss of six hundred million euros and it had to pay one in the house a billion euro in the take or pay a penalty is let's not check out the equity markets european shares are in positive territory this hour u.s. creatures point to a higher opening on wall street here in moscow equities this hour are recovering from monday's losses as you can see pretty have to gains on the currency markets the euro is one thing to the u.s. dollar on european concerns the russian ruble at this hour is mixed to the currency basket and the crude is ne

has staying with the energy sector russia's gas monopoly gazprom one choose they has launched one of its biggest projects both on and field has proven gas reserves of five trillion cubic meters gazprom plans to annually extract around one hundred forty million cubic meters of gas from the field that's equal to its entire volume exploited to europe last year and it's now time to check out the equity markets and we're going to take a look at wall street first that's having a pretty rough day as you can see there mainly on earnings concerns dewpoint reported a ninety eight percent drop in profits here in russia the markets ended the day with heavy losses as you can see there are the r.t.s. shed to have three quarters of a percent and one of the biggest losers of the day was. its shareholders learned that they won't be getting any dividends once their company is merged with rosneft the ruble closed lower to the currency basket let's now see those numbers and to the euro this hours trading weaker to the u.s. dollar over in europe equities talk to touch the one with a low on tuesday pretty

biggest projects the bovine and of a field has proven gas reserves of five trillion cubic meters gazprom plans to emulate struck around one hundred forty million cubic meters of gas from the field that's equal to its entire volume export into your cheer. and less now see what's happening on the markets first going to russia and the definitely not a pretty picture there pretty have to be losses of more than two percent for the r.t.s. . b.p. is certainly under a lot of pressure losing about seventeen percent this hour and that's after shareholders were told that they won't get any dividends once the company companies merged into ross sniffed on the currency market the ruble trading lower to the currency basket this hour of the euro is shedding value to the u.s. dollar and in europe we're also seeing some a loss is in fact pretty healthy losses as you can see more than one and a quarter percent each and u.s. futures are pointing to a lower opening on wall street investigators have pros and cost a billion dollars in foreign accounts and former bank of moscow c.e.o. i'm very but i deem he's a

launched against gas problem which has been pretty harmful to gazprom shares today on the markets they were performing worse than the market average with the my six nazi is declining overall around the third of a percent that's also on the back of a pretty gloomy forecast from the economics ministry that the capital outflow would be around sixty five billion dollars this year up to eighty billion we saw last year so just as we're not really happy about that over in the united states we're also seeing a negative session that spain's prime minister has announced that he doesn't see a bailout request to be imminent so therefore investors saw that as a negative signal a lot of them were speculating that. stimulus would be coming towards spain therefore problem would be solved but no no this is not the case so it was happening in europe that the announcement came after the u. markets close they were up for out most of the day but declined at the close which was basically a technical correction after a strong session yesterday and gains today and mostly led by financial shares and on the cur

projects the bovine and field has proven reserves of five trillion cubic meters gazprom plans to annually extract around one hundred forty million cubic meters of gas from the field that's equal to its entire volume exported to europe last year and a sign now to check out the equity markets let's start with what's happening here in russia and it's actually not a pretty picture almost a q percent and one and a half percent losses for the indices respectively that's the r.t.s. on the my sex all the currency market what we're seeing is the ruble at the moment is trading mixed to the currency basket the euro is losing value to the u.s. dollar and in europe equities had a one week a low on tuesday and u.s. futures are also pointing to a lower opening on wall street mainly on earnings concerns as many companies are reporting their orderly results this week and that's all from us here in business in a few minutes we'll talk to a leading u.s. space intrapreneur or eric cantor's all right thank you natasha. and do stay with us for that interview with eric anderson. it won't come to the future of c

story in just a couple of minutes but first heightened competition and a lower and edgy demand has gazprom as european partners asking for a discount italy's energy giant any insists on cancelling a key contract provision the so-called take or pay clause and he's president policy corroding israel. woodley asking to a remove the clause if he is to renew the expiring contract to take a pay principle means that any either takes the specified volume of gas from gazprom or pays a penalty the fine could reach eighty five percent of the price wash share any reported a loss of six hundred million euro it had to pay one of the house billion euro in the take or pay penalties. and it's time now to check out the equity markets first to european shares are and was that of territory at this hour u.s. triggers a warning to higher opening on wall street now here in moscow equities this hour are suffering from earlier losses as you can see about how far some of them isis and the r.t.s. the euro is gaining to the u.s. dollar at this hour and the ruble is also a strange thing to the currency basket and prove

elections coming up this weekend ahead of a long weekend in russia and among the movers gazprom was one of the worst stocks down two and a half percent on the back of these of the worries that additional spending on these massive projects like nordstrom and this one will cost it and eats into the companies david was never however was bucking the trend it was up almost one percent as it's in negotiations with t. and k b p a company that is buying over to purchase their assets in venezuela over on the european market we've had the. a pretty positive session with the footsie and the dax up around one percent at the close that's greeks prime minister has said that he could see a sions with the troika on the bailout program have been completed and if it is accepted basically greece is staying in the euro zone and on the currency markets the euro was gaining against the dollar as calculations continue as to the havoc that hurricane sandy is wreaking in the east coast. now russia has launched the privatization process of its biggest seaports and c.s.p. the state has started talks with possible

and staying with the energy sector of russia as gas mildly gazprom on tuesday has launched one of its biggest projects the field has proven its gas reserves of five trillion cubic meters gazprom plans on annually extracting around one hundred forty million cubic meters of gas from the field that's equal to its entire volume exported to europe last year. and less now.

gazprom is already looking at other lines. they have already warned about becoming too dependent on russia for energy. >> the first capsule with cargo left for the iss. >> it included ice cream, clothing, and cargo. >> i fancy some ice cream right now. stay with us more. we will have more at the top of the hour. >> see you soon.

for years, it has dominated the international gas markets with gazprom. now it is a giant in the oil industry, but it is paying a high price. the takeover has cost the russian state billions, money that russia urgently needs to modernize its outdated industry. >> germany's natural -- the biggest natural gas producer is set to expand its operations in the -- its operations. >> they would gain access to potentially-lucrative reserves. they should be able to see degette boost production starting next year, if the deal is approved -- they should be able to significantly boost production starting next year, if the deal is approved. the norwegian state-owned company is western europe's biggest natural gas exporter, producing about 100 billion cubic meters per year. its german partner has been pushing statoil to expand operations in the region. they have licenses from more than 40 fields off the norwegian coast. the latest deal gives them their rights to three additional oil and gas fields for slightly more than 1 billion euros. the company also plans to team up

gaining two and a half percent my six of but more than two percent outstanding gainers burbank and gazprom stories their burbank is finalized the acquisition of turkeys the nice bank and gas from a sealed a twenty year contract with india to supply liquefied natural gas. that's all we have for now business will be back in around fifty five minutes time as for now we ask why some critics are saying israeli democracy is a contradiction in terms interviews next. what we have who is the former head of the world zionist organization and also the former head of the israeli parliament so i thank you very much for joining us here on r.t. israel defines itself as a jewish and democratic state does this definition hold or is there a contradiction between the two marketing wise souls from plastic to the price of one i mean not only it's a democracy it's a jewish democracy and many people maybe most of the people are very satisfied with it because they don't really think about the built in oxymoron or paradox which means the suitable for repeat of the democratic component is the human being it's you a

operate this would be a radical departure normally what happens here is the only road to get them to gazprom the big states are allowed to own the oil that's on the ground but they do need to make the projects attractive to give you an idea of the amount of money involved knew that made these comments on a trip to london which is part of a plan to drum up one trillion dollars worth of investment in the russian oil and gas sector by twenty twenty meanwhile the head of russia's biggest oil company ross nafta is right now in london to discuss boosting cooperation with strategic partners one of these could be potentially b.p. which has been trying to get into the arctic except it's russian partners. wouldn't let them do so but b.p. now wants to sell its stake potentially to ross now and this could facilitate the way. the current shareholder agreement prevents b.p. from you know making any investments outside of ten k. b.p. in russia so there has to be a solution and one of them does leaving exiting from ten-k. b.p. then in theory there are still assets less. than they used to be because the big

well as burbank and the gas problem now is burbank finalize this deal to turkey's dinies bank and gazprom the sealed the deal to deliver liquefied natural gas to india over the next twenty. two i have for you at this hour more business news of course on our web site arts you don't come forward slash business coming up next on artsy we are asking why some critics are saying that israeli democracy is a contradiction in terms of the interview is next. i have who is the former head of the world zionist organization and also the former head of the israeli parliament so i thank you very much for joining us here on r.t. israel defines itself as a jewish and democratic state does this definition hold or is there a contradiction between the two marketing wise it sounds from plastic to the price of one i mean not only it's a democracy it's a jewish democracy and many people maybe most of the people are very satisfied with it because they don't really think about the built in oxymoron or paradox which means the suitable for three of the democratic components is the human being it's you and me and hi

story in just a couple of minutes but first heightened competition and a lower energy prices has gazprom european partners asking for a discount italy's energy giant any insists on cancelling key contract provisions the so-called take or pay clause and its president polls ronnie's reportedly ask him to remove the clause if he is to renew the expiring contract to take a pay principle means that any either takes the specified volume of gas from gas or pays a penalty a fine could reach eighty five percent of the price last year any report of a loss of six hundred million euro and it had to pay one and a half billion euro in the take of pay penalties. and the let's not check out the markets first going to a year. where european shares are in the positive territory an early trade meyer's a weaker though on a faster than expected to fly in and china as a producer prices here last go equities at noon are with covering some of their earlier losses trading want to positive the sour over asia shares are bouncing back and now crude prices crude is lower this monday on this the last forecast for glo

for example here in moscow equities also ended friday with a loss as of russia's biggest company gazprom slumped even more than the my sex one point three percent on friday now into the ground to market the year at the moment is slumping against the u.s. dollar and the russian ruble closed at friday's session lower to the currency basket will bring you the latest figures as soon as russia reopens in less than one hour's time and how it reopens largely depends on crude prices which are lower this monday on reduced forecast for global demand courtesy of the international energy agency now crude price of all the till it he really threatens russia's growth since its budget largely depends on oil revenues the country. it's former finance minister alexei kudrin explains what to prepare for and case crude remains extremely volatile. was the first scenario which is also the base one is the status quo given the current all prices institutions and markets will improve but at a slow pace the second scenario involves a sharp drop in crude prices triggering a major cuts in infrastructure in education

that they operate this would be a radical departure normally what happens here is the only role and gazprom the big .

expiring contract to take a pay principle means that any either takes this specified volume of gas from gazprom or pays a penalty the fine could reach eighty five percent of the price last year and he reported a loss of six hundred million euro and had to pay one and a half billion euro in the take up pay penalties. let's not check out the equity markets and we'll start with russia which opened less than twenty minutes ago here in moscow equities are shedding value in the first hour of trade over and asia what we're seeing is a mixed picture this hour of the make a is gaining the hang seng is lower mainland concerns about the growth prospects as corporates die in the end to the earnings season and wall street saw the worst trading week since june you're seeing friday's closing figures there and as despite some clear signs of economic recovery such as pretty upbeat unemployment figures for example now into the currency markets the euro as slumping to the u.s. dollar this hour and the russian ruble open mixed to the currency basket as you can see it's gaining to the euro and is shedding value to

downward despite the fact that well not only has recovered but is actually looking positive at this hour gazprom is one of the biggest losers as investors anticipate a lower dividend on the back of the major construction projects like north st now let's take a look at this story goldman sachs has quit as an adviser to megaphones or two billion dollars initial public offering the investment bank reportedly unimpressed the plans of the company's key shareholder the show was made of who wants to place his shares in an umbrella company many see goldman sachs quitting as a blow to russia's second biggest mobile operator which is planning to sell twenty percent of its stock by the end of the year. violent clashes have erupted in athens as the german chancellor angela merkel is there to promote austerity measures which have become widely unpopular and economists are saying that the only way out for the troubled nation is to accept losses and restructure it. what i've proposed this is the establishment of a berlin club in the emerging world you have the paris club when an emerging country gets into trou

moscow equities also ended friday with a losses here are the numbers of russia's biggest company gazprom slumped even more than the mindsets one point three percent now on to the currency market at the moment the euro is going to the u.s. dollar and european concerns and the russian the ruble and the friday's session a lower to the currency basket will bring you the latest figures as soon as the russian markets reopen in the less than two hours time and how the open we can partially predict by looking at how crude is trading at the moment it's a lower on reduced forecast for global demand courtesy of the international energy agency and up next on our t.v. we talked to my stuff with levy it's an asian writer and director for the new york university center for dialogue to reassess the results of the arab spring. that's not clean leave tunisian writer and also founder and director of the new york university version east center for dialogue so it's great to have you with us here today. so i'm going to start of with a quote it is only a slight overstatement to say that muslims and arabs are e

building the nord stream pipeline this take a look at what was happening on the markets today now as gazprom has completed the second line that i was reporting on earlier from the from the board it's now planning to build the bird in the fourth and experts are worried that this will a lower the gun police debate in the end because the construction worker boss demands a lot of the betterment all together the market as you can see is down this hour on set. now goldman sachs has quit as an advisor to megaphones two billion dollar initial public offering the investment bankers will be unimpressed at the plans of the governor he's a key shareholder on the show this man who wants to places shares in an umbrella company many see goldman sachs quitting as a blow to russia's second biggest move over it which is planning to sell twenty percent of its stock by the end. all right let's move over to what's happening in europe and of salt. looking also pretty pessimistic mildly though as most of us are assessing what's happening in spain and greece and we're waiting for the beige book report in the united

trans gaz has its first project in the arctic now it's one attended to build an oil terminal for gazprom spoil on gas probably next obviously daily newspaper says the cost of the project could reach one billion dollars and may provide story finance gas with other projects terminals currently planned to be built by two thousand and fourteen . and that's what i have for you this hour but i'll be back in fifty five minutes time to bring you more as more of course on our website audio come forward slash business thank you dimitri coming up a remarriage economist robert skidelsky explains while staring he's failing and why governments need to factor in human nature. well the true story is technology innovation all the latest developments from around russia we've got the future covered. you know how sometimes you see a story and it seems so silly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm sorry welcome to the big picture. overcoming a barrier like this seems possible. but t

to feel that it cost several billions of dollars it says it does not wish to increase its exposure gazprom you have to like some of the other foreign companies also doing deals in the north so really that just leaves roads you have to grozny have to made no comment but of course it is russia's russia's biggest state run oil for a wednesday this week president putin iraqi prime minister he said at the time that he wished to increase russia's role in the iraqi oil industry it looks like he's going to get it we're soon. all right ben thank you nic pool of business out of reporting about the story that iraq wants exxon mobil out of west i don't want all right let's move over to two other matters now another surprise from the labor department in the u.s. jobs jobs initial jobless claims have come in at a decline of thirty thousand for last week which is now the lowest level since again the beginning of president obama's term so let's take a look at more detail they've come down to three hundred thirty nine thousand again this is extremely optimistic and it coincides with the last week's report

outstanding game as burbank up one percent of finalize the acquisition of turkey's denise bank and gazprom up two percent of truth secured a twenty year contract to supply elegy said india has moved over to the united states where manufacturing has come in on with an increase in the first increase in four months of basically this is driving the markets forward over in europe despite the fact that euro zone unemployment is up at eighteen point two million people which is a record high we're seeing a very positive day with extracts it gave him more than three percent up to the mine accepted a merger deal with. four which is the trading company the deal could be worth thirty three billion dollars and now let's move over to spain the debt levels there will increase further next year despite the state's efforts to cut spending the nation's dead to expected to reach eighty five percent of spring's g.d.p. this year ninety one percent two thousand and thirteen that's a free fold increase since two thousand and eight experts say it's just a matter of time before spain asks for a official bailout. a

dollars per barrel and of us is playing it safe ahead of the elections in the united states and to gazprom went down two percent in the session one of the worst stocks not over in europe situations a bit different there now investors pretty excited about what's happening in greece where in the summer as the prime minister said that negotiations with the troika were over the new bailout deal if it's approved that greece is effectively staying within the euro zone so that is uppermost one percent despite an uptick in unemployment and on the concious market we are seeing the euro gaining against the dollar on this often is about greece and the fact basically that the damage has not yet been estimated for the u.s. economy from side loading from from the psychosis wreaking havoc on the east and the east coast all right i'm back in fifty five minutes time with a big business update coming up next next guys i will be here to ruffle the feathers of the richest one percent because reporters stay with us. in the glow of russians no from away from civilization and if we are one helicopter treat from

business now it's twenty one twenty three moscow time or dmitri gazprom turning east they say that's right investors are really not happy with that because it's a dish no investment very expensive basically gas from says it will spend around thirty eight billion dollars to build a pipeline in russia's far east now a first of that money will be spent on the development of a gas field in the sahara public where the link will take its start and thirty two hundred kilometer pipeline is expected to be ready in five years well gas from shares ended the session. on tuesday down two and a half percent much worse than the market which was down just in general as investors try to play it safe in the week ahead of the crucial us elections on a long weekend in russia whereas in europe what we saw at the close was a positive ending with the footsie and the dax up around one percent that's as basically antonis samaras the prime minister of greece has said that negotiations have been completed with the troika about a new bailout program that's accepted greece stays in the euro zone and the euro is

so russia will not be able to react quickly to to these elections and among the interesting stocks gazprom was among the worst here down two and a half percent as it's planning to build a pipeline in the far east thirty eight billion dollars that's going to be potentially eating into dividends and that's not making investors happy rosneft was better than the market up one percent almost has basically it's a negotiation with. to buy out its venezuelan assets and over in europe we've had a positive session with the forty other docs up around one percent and that's on the back of optimism about greece's bailout possibly coming in very soon. all right that sent from business coming up next it's the kaiser report on r t two states. if you're passing through rushes to be a region you really can walk on the wild side thousands of kilometers of unspoiled countryside make up an area where it's still possible to live off the learned and enterprising locals so the fruits of the forest by the side of nearly every road. such spectacular scenery makes it a paradise for fisherman and provides a business

very positive day after three days of consecutive days of losses almost all blue chips are up for gazprom up for me up two and a half percent. and that's all we have time for this hour but i'll be back in fifty five minutes time rory see event i'm sure many thanks indeed by just a moment here are typical of ellen as a panel of guests will be zeroing in on the recent presidential debate from the united states between romney and obama obama ultimately assessed as massively underwhelming in just a moment. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. china operations are all day. my parents really truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems . i was missing my leg and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me for my hands you know just as if anyone would but they do tell a story they tell a story.

operate this would be a radical departure normally what happens here is the only roles you have to gazprom the big states. are allowed to own the oil that's on the ground but they do need to make the projects attractive to give you an idea of the amount of money involved made these comments on a trip to london which is part of a plan to drum up one trillion dollars worth of investment in the russian oil and gas sector by twenty twenty. meanwhile the head of decision is right now in london to meet with strategic partners and discuss a cooperation most actors interested in b.p.'s stake in the russian british joint venture that b.p. nation's capital says if they have to acquire is that stake b.p. will be able to move into the business. the current shareholder agreement prevents b.p. from you know making any invest ones outside of ten-k. b.p. in russia so there has to be a solution and one of them this is leaving exiting from ten-k. b.p. then in theory there are still assets less. than they used to be because the big pieces were taken by exxon buy in ny and start oil but i'm pretty sure that i

expiring contracts to take a pay principle means that any either takes the specified volume of gas from gazprom or pays a penalty the find could reach eighty five percent of the price last year any reported loss of six hundred million euro and it had to pay one and a half billion euro in the take the pay finds. and now let's check out the equity markets straight to moscow first step what is our recovering some of the earlier losses trading slot to positive the sour mood over to asia shares of bounce back as well toward the end of the trading session up half a percent for the nikkei and just slightly above the line for the hang saying wall street saw the worst trading week since june we are now seeing friday's closing figures in just a second we'll see them and that's despite some clear signs of economic recovery last week like a bead on employment data now on currency markets is slumping to the u.s. dollar on european concerns the russian ruble is trading mixed to the currency basket it's gaining to the euro and losing to the dollar as you can see and the crude is lower this monday on slosh for

the most interesting stocks were his burbank which he is talking about that positions in turkey and gazprom assigned a twenty year looks by natural gas delivery contract to india. and that's what we have for you this hour barbie back around fifty five in a sign with an object tara thanks for the update and. shortly here in our tease interview we ask why some critics are saying israeli democracy is a contradiction in terms. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm charged welcome to the big picture. there are those who desperately need it to survive i am misspoken is the time give money to look i'll choose the old gold when the fish out of the suppresses the prize the rights of the good for. those who don't judge their share of the cage. good by god's. grace and you know don't last but not the one not us that people need to know about it i mean not look at it from the company from. those who suck it out to prosper.

russia the session on friday was quite depressing overall in the week last two point two percent with gazprom being one of the worst blue chip stocks down four point two percent on different worries and that's all we have time for this i'll be back in around fifty five minutes stay with. me terry appreciated now the rate cutting rates of the central banks and getting easier cash or access to it indeed capital. here couple of minutes from now. culture is that so much i know which of course is right on it comes of unity republicans and democrats alike tell the american people that they have a stark choice before them in this election year is this really the case. by horse. by tractor. by car for the road ends. as a carpenter. as a stove set or. does a farmer. as an assistant. as a friend. as a relative delivering post delivering goods. wealthy british style. markets why not. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report on our. you do. good afternoon welcome to capital account i'm lau

contract now the take all pay presence of all means that any either takes a specified volume of gas from gazprom all pays a penalty on the fine could reach eighty five percent of the price loss to any reported a loss of six hundred twenty. one point five really euros in the take a. symbolic action in the us stocks they are due to holding on to the gains will be able to see around half a percent of the dow jones and the nasdaq around the course does that us off the american retail sales ounces or groups hope the estimates are too big news releases that positive action will also stay with us this is nobel prize in economics has been given to two american game theorist that alvin brought lloyd play they were awarded the prize to studies in the matchmaking taking place the daughters of coupled with hospitals students with schools and human organs with patients in need of the. will be able to see as you can see it was danes as well they had a reason to get in the us because china was a few wearing the sentiment of the inflation dropped in the us giving hopes of that policy easing measures for the eco

on the back of finishing the acquisition of these detainees back also gazprom secured a twenty year contract in the. natural gas. now over in the united states we're seeing a positive dynamic with the dow jones up zero point seven four percent as you can see the nasdaq is however lower this is after weeks of manufacturing data coming out on the. increase in first one and four months so basically that's positive news . on the nasdaq bucking the trend was facebook it's up one half percent as its head mark zuckerberg needs it in moscow we're told about that fifty five minutes time in europe we're also seeing a positive session with the end acts up one after said despite the fact that the euro zone unemployment came in a record eighteen point two million people without a job but the mining sector was driving the growth for the strata up more than three percent after it except the day merger. a merger deal with glen point a national train company and in currencies the euro is stronger versus the greenback while the russian ruble managed to strengthen at the end of the session in the final minutes

tens of billions of dollars that it says it does not wish to increase exposure so that really leaves gazprom the. have to do most viable candidates but at the moment neither of making any comment as to where . if they wish to be involved i would say that prime minister putin met. probably president putin prime minister. wednesday this week and said he wants to have greater involvement in the development of the iraqi oil industry it looks like he might be about to get his wish. all right thank you so much for these details of course report more on that story as we as we get more information on it. all right let's let's move over to again one that once again a surprising report from the labor department in the u.s. jobless claims have come in at a decline of thirty thousand within one week this is the drop a drop to the lowest level since again february two thousand and eight when barack obama took office this also coincides with the report that came in last week which put the unemployment rate at seven point eight percent one of the sticking points in the romney obama debate and also it was v

interesting stocks gas problems worse than the market as investors fear dividends could be cut if gazprom continues on such massive investment projects like the world's three retail chain magnets was also down despite reporting a very optimistic first nine months of profit and also m.t.s. was better than the market the mobile phone provider was on the the back. it's a competitor this i.p.o. megaphone apparently not going as smoothly as they play. and the business team will be back tomorrow on thursday twenty am moscow time we will be looking at why capital from russia for costs for it are growing by the. more news today violence is once again flared up. these are the images croque world has been seeing from the streets of canada. trying to corporations rule the day. well. california just offers an air show and an museum was about to you. but the residents never profit from the performances you know she of coming on a signature trip there when you look up and there's one check in on you he's an alpha beta gamma he was always the fine now trying to treat his leg out with out there know that

fulfill growing demand in europe in case europe will expect more gas to be supplied and according to gazprom plans this is exactly what is going to happen and now with the second line of the pipeline capacity is there. unless now do a quick run through the markets wall street is in the red in the second hour of trade dragged down by all the concerns about the financial health of the eurozone apple is weighing on the nasdaq the european equity markets are mixed at the top of the hour ahead of the eurozone finance ministers meeting in luxembourg. greece and spain that are going to be on the agenda and. here in russia equities and did their trading session even in the red green deep in the red following in europe's footsteps oil dropping for a second day in a row didn't help either and that's all the latest from the business that i'll see you back here in fifteen minutes thank you. all the way it is a little cross-talk to stay with us here on out. wealthy british style it's best not tied to the. markets why not. find out what's really happening to the global economy in the cause a report on our

one percent on the news that it's finalize the deal to buy turkey's debt is bank and energy major gazprom has signed a twenty year deal to supply liquefied natural gas to india and that's all we have time for this edition of business i'll see you back here at about fifty minutes all right well we look forward to thank you. shortly peter love l. and his guests debated whether we're going to see an arab winter that's in crosstalk up next. the. solution would be soon which brightened a few new monsoon from finest impressionists. whose phone starts on t. dot com. there are those who desperately need it to survive. the spoken to is that on give money to on the lookout to full blown goldman the fish out on the suppresses the prize the rights of the put the. new clothes of those who don't get their share of the traits. good by downloading god's good uploading quantities and you know dollars but not the one not us that people need to know about it i mean not look at it it from the company from. those who suck it out to prosper. and side the seeds instead. of you know. it's a. nice license and. no

markets gazprom this falling for the third consecutive day. russia's goldman sachs actually goldman sachs has quit as an advisor to russia's megaphones to two billion dollars initial public offering the investment bank is reportedly unimpressed the plans of the company's shareholders have a small enough he wants to place his shares in an umbrella company and then he siegelman sachs. as a blow to russia's second largest mobile phone operator which is planning to sell twenty percent of its stock by the end of the year. as we've been saying earlier in the program clashes broke out in athens as german chancellor angela merkel is visiting what's driving the greeks mad are these austerity measures which are a condition for the bailout economists say the only way out for the troubled nation is to accept losses and restructured it what i've proposed is is the establishment of a berlin club in the emerging world you have the paris club when an emerging country gets into trouble what happens is the emerging country comes to the paris club with its credi

at a cost of several billions of dollars it says it does know what wish to increase its exposure gazprom the aft like some of the other foreign companies also doing deals in the north so really that just leaves rose has made no comment but of course russia's biggest state run.

signing deals with the northern kurdish region iraq is reportedly considering russia's lukoil and gazprom nets both of them already involved in the country companies declines. comment so far. capital outflow from russia could reach eighty four billion dollars this year same as two thousand and eleven according to the deputy minister for economic development since two thousand and eight outflows amounted to almost three hundred sixty billion dollars which is equal to the g.d.p. of the united arab emirates. and the u.s. labor department has once again surprised investors with jobless claims dropping by thirteen thousand last week they now stand at the lowest since two thousand and eight last week the unemployment rate sticking points of the presidential debate also dropped to seven point eight percent and that has provided a lot of support to the markets and you're now seeing the closing picture for the russian markets which again with them half a percent of gains were fact limited and that's all from the business team goodbye for now. even in the autumn of the years. it's never too late to

look at the closing picture overall on the markets and it was a negative one but as i was saying gazprom is doing worse than the market down one percent this recent support the puts and has basically pledged for the gas giant hasn't been very much helpful in terms of the share price for the gas giant now over in the united states where having a flat and mixed sessions you can see that tech shares are feeling well but the dow is taking a bit of a chill a positive session on monday and that's this by the fact that housing prices have grown by the most in six months now most of that pushes behavior is based on what's happening in europe and everyone there is expecting spain right now to. this day or the other. official sovereign bailout so this actually for a long time was providing a lot of optimism to the markets because they were expecting more stimulus but now the markets have gone down into negative territory the driven by banking shares and on the currency markets the euro is still receiving a boost against the dollar it's up forty five points while the russian ruble is losing pretty

ninety two dollars per barrel and in my six close two point two percent with one of the biggest losers gazprom losing to the point two percent over. and that's that's from the business team for now do have a nice weekend. in japan the average height for men is one hundred eighty two centimeters ten centimeters shorter because of that some employers refused to hire me one of them even told me directly that i was too short to deal with the clients could you just already spend three months in this hospital and it plans to stay for another four to add the coveted seven centimeters to his. stature invented by the famed soviet orthopedic. in the nineteen fifties these frames were initially used to treat fractures in deformities by cutting bones and slowly pulling them up or therefore stimulating tissue regeneration it was out of was able to receive arms and legs and people who thought they were crippled for life decent to the other patients shattered bones in their shattered lives when they go when professor of design his first frame bicycle parts sixty years later his invention is increasingly bein

that the cost of several billions of dollars that's as it does north wish to increase its exposure gazprom you have to like some of the other foreign companies also doing deals in the north so really that just leaves rules you have to rules you have to made no comment but of course just russia's biggest state run oil for a wednesday this week president putin the iraqi prime minister he said at the time that he wished to increase russia's role in the iraqi oil industry it looks like he's going to get it will soon be. another pleasant surprise is coming from the u.s. labor department jobless claims for the past week dropped by fits thousand to a lowest level since february two thousand and eight hundred thirty nine thousand now this is also coinciding with a report for the revised months of july august and september which showed that the unemployment rate's altogether fell down to seven point eight percent again the lowest since president obama took office and it's also sticking points of the romney obama debate.

sentiment from across the world up but two percent very strong session especially for his burbank and to gazprom burbank has finalized this deal to purchase turkey's denice bank and gas from a security twenty year deal to supply liquefied natural gas to india so we have time for today but tomorrow morning eight twenty am of course the business will be here we'll look at who is going to get b.p.'s fifty percent stake in the third largest oil company which for a bit amounts to more than twenty two things or so much surely much closer time just a couple of minutes away paid to labelling is guess cross-talk whether we're going to see an air of winter. download the official ati up location so for choose your language stream quality and enjoy your favorites from alzheimer's now t.v. is not required to watch on t.v. all you need is your mobile device watch r.t. any time. there are those who desperately need it to survive. misspoken is that on give money to on the lookout. for gold in the fish. and the suppresses the prize the rights or the food for. those who don't get their share of the traits. good b