more of us can contribute to the global g.d.p., and the gap between the developed and the developing countries would narrow significantly as productivity rises in economies from haiti to new begin -- new guinea. but that great global dream cannot be realized around the edges of reform, nor candidly can be it be secured through any singular commitment on the part of us here. it requires, however, a fundamental traps formation, a paradigm shift, in how governments make and enforce laws and policies, how businesses invest and operate, how people make choices in the marketplace. the transformational nature of this undertaking that lies ahead is in my view not unlike other momentous shifts in the economic history of our world. in the 19th century, many nations began moving from an agricultural to an industrial economy. then the inventions and mass productions of that era gave rise in the 20th century to the information age and the knowledge economy with an unprecedented rise in innovation and prosperity. as information transcends border and creates opportunities for farmers to bank on mobi

all customer accounts and so if the notional value of derivatives is ten times bigger than the global g.d.p. paying then every single customer account in every single bank account the world is really nothing more than a blank piece of paper with a bunch of symbols on it but it's not your money or your securities no no no those are now on the ownership of banks like j.p. morgan who have no compunction about simply stealing it for national security well speaking about stealing funds for national security purposes and this global cash morgan presumed its own so it can pay the bankruptcy trustees so here you have jeans getting in j.p. morgan negotiating basically to keep the twenty five point three million dollars in cash held at j.p. morgan which is presumed to be m.f. global's but j.p. morgan apparently credit deal with the trustee saying that they'd have to catch it and if global granted j.p. morgan alina all of the company's assets try so to. if you are going is cutting deals outside of the legal framework what's also amazing is that the silver that was in the m.f. global collectively all t

increased to seven hundred trillion dollars which is a number that is absolutely staggering ok global g.d.p. is sixty three trillion dollars so in many ways the situation has become worse and that's not to mention that he's out there blaming republicans saying that they're responsible for the regulations and the weak oversight that led to you know the situation we got into in the financial crisis which goes to your point they will he's not going after that either with the regulations but at the same time he's suing for connected with some of these guys on wall street come on john corazon who's kind of the number one example of bad practices and fraud i mean criminal fraud betting with clients money is you know what is this specter to be with one point two billion dollars possibly lost huge donor to obama obama without at the podium you know stumping for come on obamacare and a bomb got all the wall street donations you know making the passage just really quickly so we hear obama talk about what needs to be done here at home i think you and i are both agreeing that a lot of people that are p

big from the world trade organization are being played down by a top official here the global lender says national g.d.p. mid term will jump more than three percent from entry to the trade party which was accepted by other members on friday but the chief negotiator to lead. told r.t. he expects half that. much to most of the. grocery or increase those three to four percent. really prefer to be more percent mystic. if it will help them build the most unhappy about sourcing. would be emotional laura so it's a bold. one for. russia's new finance minister is a fiscal hawk who won't splash the cash thanks first deputy prime minister of. the fourth confirmed replacement on friday but. told us he expects a continuation of this. policy. very concept. it's a very good news for the minister of finance because he will continue with the politics which was originated by the minister for me. it means for the russians employed you know for the external world to be very conservative and stable terms of. the markets oil is heading high as investors bet that supply may tighten than that science he was crude stockpiles la

big from the world trade organization are being played down by a top official here the global lender says national g.d.p. mid term will jump more than three percent from the entry to the trade body was accepted by other members on friday but the chief negotiator today up until maxine mckew better health says he expects only half that. mark to most of the music signal is a sort of yours you increase those three to four percent. really prefer to be more person mystic. if it's to be heard from most unhappy about the significance of a good divorce role or a. run for first person. now a top official has vowed to defend russia against the flood of cheap foreign imports after because of joining after joining the w t o deputy it economy minister andre slippery of admitted competition will rise after the joining told r.t. he'll battle on just moves by other members. you know we can defend our market for more important unfair competition will use existing w.t.r. rules to fight this so we're not creating any risk for our companies through joining nevertheless competition overall will grow and that's no bad thing w

earn big from the world trade organization are being played by a top official here the global lender says national g.d.p. mid term will jump more than three percent from entry to the trade body which was accepted by other members on friday but the chief negotiator to the w t o. says he expects only half that. mark two most optimistic scenario thank you was really increase by three to four percent i think we preferred to be more pessimistic. if it's happened more than happy but i think the semitics will be much more lower so it's about one point four five percent. which is if i didn't minister is a fiscal hawk who wants splash the cash says first up the prime minister of. love was confirmed alexei kudrin is replacement on friday mr vall of told r.t. he expects a continuation of his predecessor's policies and dump him very conservative. it's a very good news for the minister of finance because he will continue with the politics which was originated by the minister of foreign minister good reason and it means for the russians employed you know for the external world to be very conservative and stable terms

big from the world trade organization are being played down by a top official here the global lender says national g.d.p. mid term will jump more than three percent from entry to the trade body which was accepted by other members on friday but the chief negotiator to lead. says he expects only half that. much to most of the music scene. so gross we've increased those three to four percent. really prefer to be more present mystic. if it will help them we will be most unhappy about this the music will be emotional laura so it's a bold. one point were. many foreign firms still aren't aware that w t o last take precedence and russia's court metals market i say one of the shop told r.t. the world trade body expected except it sorry the country as a member on friday and the boss of still trying to restart expects entry to spur much surge decision making in russia's legal system. thank you so many free will move your group it's resume pollution species it means you can finish meaning you can even do this with your reading skills are going. to be really informational. easy to read or if you dream good you'll be

big from the world trade organization are being played down by a top official here the global lender says national g.d.p. mid term will jump more than three percent from entry to the trade body which was accepted by other members on friday but the chief negotiator to leave here mixing with the vet says he expects only half that. much to most of the. grocery agrees three to focus. really prefer to be more person mystic. if it will help them who are most unhappy about the music will be emotional or. many foreign firms still aren't aware that the last take precedence and russia's court metals market i say more of the shop told r.t. the world trade body expected except it sorry the country as a member on friday and the boss of still trying to restart expects entry to spur much surge decision making in russia's legal system. thank you so many three months little more your group gets resume full immersion history she's with me as you can be sure you can even those with whom you're reading says you don't need. to be really really sure seems easy do you know or if you dream of doing it will be so you want to mo

big from the world trade organization are being played down by a top official here the global lender says national g.d.p. mid term will jump more than three percent from entry to the trade body which was accepted by other members on friday but the chief negotiator to. the vet says he expects only half that. marks through most of the research is of so gross room trees grow three to four. really prefer to be more person mystic. if it. was the mystics of a would be emotional or. a top official has vowed to defend russia against a flood of cheap foreign imports because of joining the world trade organization deputy economy minister under a slip of admitted competition will rise after joining but at the top he told r.t. he'll battle on just moves by other members. you know we can defend it for me imports and unfair competition we've use existing. this so we're not creating any companies through joining neverless competition. and that's no bad thing we do need more competition bits of quality products and cheaper prices. let's have a look at the markets now chordal futures higher and electronic trading on tue

big from the world trade organization are being played down by a top official here the global lender says national g.d.p. mid-term will jump more than three percent from entry to the trade body which was accepted by other members on friday but the chief negotiator to the. vet says he expects only half that. march through most of the music. room trees grow three to four. really prefer to be more person mystic. if it's. more than. about the same as the mystics of a would be emotional or. so bold. bias has put a figure on the games he expects from membership of the world trade organization at a ceremony accepting russia as a member of a trade body why it's revealed it was not or had also received around five billion euros in state aid ahead of schedule. this is where the additional so important five percent of the g.d.p. grew so important for so from the way to report the rules you know you knew before so joining that would be wrong but that's so kind of the needs to go to the good of the feds to use them through the road will be linked to berkshire in the little textbook than additional steps probably go

from the world trade organization are being played down by a top official here the global lender says the national g.d.p. mid-term will jump more than three percent from the entry to the trade body which was accepted by other numbers on friday but russia's chief negotiator through the. course says he expects only half of that. march through most of the music signal. through increase growth three to four percent. really prefer to be more percent mystic. if it's her than. about the seventy six would be about. one hundred. twenty four and still aren't aware that the laws take precedence in russia's courts magnate alexei much of the soft told r.t. the world trade body accepted the country as a member as you mentioned on friday and the boss of the steel giant severstal expects entry to spur much fairer decision making in russia's new system. you send a very well known for their own volition introducing rules with information even those with learning even through security. to prove want to assure me uncertainty is a good thing or if you dream of going to pursue you want a little warning russian recession russ

economies of the global economy is one big one thousand to g.d.p. ratio for tape worm i think it's sir alan sugar but listen max the point that these consultants made to the treasury was illustrated by the example of a saver who made seventy thousand pounds in contributions between one nine hundred ninety four and two thousand. the nine only to see the forty six thousand pounds and profit from the rise in the value of the footsie one hundred being consumed in its entirety by the financial services industry so every single penny of profit you made on the rise in the footsie went to bankers but there is a cult in the u.k. where the population itself endorses rupert murdoch's position and therefore david cameron's that these are god like human beings that only through them can we create economies and wealth while people newquay have money in a pension account let's say the pension account is tied to the footsie index and put you one hundred let's say well what these bankers do whether they just barclay is our roi beigels gallen lloyd's they take that i

global financial headlines kaiser report on. the close up she has been stuck. to the most ambitious football club in the world. if. not all of our g.d.p. goes to the far east where the timber industry affects the legendary siberian tigers where the ancient native community loses its way in the modern world. and where the country's mental well starts its way across the ocean. come to the. russia close up. among the least explore the areas. and are touched by. surrounded by steep. case paintings on display for thousands of. eastern sign. on sea. admission free credit taken free transport charges free. range month free.

g.d.p. was growing during that time here's two thousand and five ok but alas the housing bubble turned out to be a really bad investment for the economy that blew up as a global financial crisis was under way after only a few good years of partying on that cheap credit so you can see now you know what g.d.p. is and why you should think twice before looking at all growth as good growth. and still ahead right now capital cat did not go away yesterday we showed you how the vice president called john for a sign for economic advice today we will show you how john ford's i may have been paying president bill clinton for image advice but first your clothes and stuff numbers. above. it we just put a picture of me when i was like nine years old until she told the truth. i'm a confession i am a total get over princess i love driving hip hop music and for. that it was kind of a bit yesterday. i'm very proud of the will without you she has played. my love my. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else here sees some other part of it and realize everything you thought you knew you don't know i'm charg

g.d.p. departs from economic achievements the country's political image should benefit not been part of the global body would of the past be a little strange russia has been the biggest economy not to be integrated into the w t o but after an eighteen year marathon of negotiations all the world's key players finally come together under the same umbrella. reason otieno t. mosco. and we are online at home whenever you want to catch up with what's happening in the world. is looking at you this russian rocket successfully launched from french guiana carrying about that satellite keeping i. tell you. the sort of read on our website about a tentative agreement under which north korea needs to suspend its uranium enrichment program in exchange for us today. the military hearing the soldier accused of passing secret american government data to weaken the eggs got underway on friday bradley manning had already spent more than a year and a half and detention hearing is to determine whether there's enough evidence to put manning on trial if found guilty he would spend life behind bars private manning served

g.d.p. deposits from economic achievements the country's political image should benefit not being part of the global body would of the past be a little strange russia has been the biggest economy not to be integrated into the w t o but after an eighteen year not a thought of negotiations all the world's key players finally come together under the same umbrella. reason otieno t. mosco. the military hearing of the soldier accused of passing secret american government data to wiki leaks got underway on friday bradley manning already spent more than a year and a half in detention hearings to determine whether there's enough evidence to put manning on trial if he is found guilty he would spend life behind bars private manning served as an intelligence analyst in iraq and is accused of leaking classified military and diplomatic data to the whistleblower web site that's what a former cia officer ray mcgovern and we could told the american people who needed to know about the alleged abuses carried out by their army. these charges or greatly overwrought. gates's term so there has been no indication of seriou