maybe russia could help with that we're asking of the deputy executive director of the international energy agency richard jones. the international energy agency says the world is entering the golden age of gas with production to rise by fifty percent in the next twenty years russia is going to ship all were hundred and ten billion cubic meters of gas to europe through its south and north stream pipelines the construction of south stream is starting suit and old stream will start operating in early november the trans underneath the baltic sea and delivers russian gas directly to western europe this is meant to improve european energy security and weaken its dependence on transit countries. mr jones a welcome to the show thank you for having me thank you thank you very much for being for being here well. the international energy agency the i.a.e.a. has signed a new car pray shin agreements with russia one. you in these it weakness can you explain in a couple what it's. it's it's a good question but. basically we're continuing the evolution of our cooperation which has gone on for many years but in

and maybe russia could help with that we're asking the deputy executive director of the international energy agency richard. the international energy agency says the world is entering the golden age of gas with production to rise by eighty percent of the next twenty years russia's going to sheeple were a hundred and ten billion cubic meters of gas to europe through its south and north stream pipelines the construction of south stream is starting soon and old stream will start operating in early november the trans underneath the baltic sea and delivers russian gas directly to western europe this is meant to improve european energy security and we can expand and contract the country. michel thank you for having me it's a huge thank you very much for me for being here well over the international energy agency the i.a.e.a. has signed new carpet ration agreements with russia why. you in these weakness can you claim a couple wouldn't. it's a good question but. basically we're continuing the evolution of our cooperation which is going on for many years but in particular the focus of a coming will be more

and in russia the markets have retreated as world dropped after the international energy agency reduces global demand for cars for twenty twelve business in twenty minutes. this is actually coming to you live from moscow armory and josh welcome tens of thousands have come out in support of the embattled syrian president the biggest rally in the capital for months a shot that is still struggling to quell a nationwide uprising despite promises of reforms but his supporters say the government needs more time to push for change are these tests are still you has more from the center of damascus. but. of support was continuing dissent some fans of the deadly clashes polar opposites in their demands but in some way united by the newfound zeal to take a stand where the center of the spirit kept it was that gathered their support for the government that is going to the far back a bit as we've been seeing in other cities around the country where there have been record it wasn't me because the force of it was a government approach i wish however what i think it was about where in this country poli

and in business russian rockets close lower as well drop that for the international energy agency reduce its global demand forecast for two thousand and twelve look at the figures this is posing a threat to. world wide news twenty four seven this is on the line from moscow rove research showing signs of discontent still evident in unstable syria even after thousands of regime supporters crowded the streets of the capital activists say fresh clashes between government troops and ahmed a man in the north of the country have left at least three people tied i mean time president assad has promised to establish a special committee so a draw for a new constitution all of this while international pressure builds on him to step down. as the latest from damascus. but the voices of support. and continuing dissent some ending in deadly clashes polar opposites in their demands but in some way united by a newfound zeal to take a stand for years of their encounter was gathered their support for the government that is the hard part of it and it has been seeing in other cities that a country where there

markets finished a trading day lower weighed by energy stocks that says oil dropped after the international energy agency produced its global demand forecast for two thousand and twelve let's take a look at some individual shambles on the minus six let the decline on the index losing two percent look oil added lower as well the company says it's going to spend more than ten billion dollars a year over the next decade to develop huge new projects and plenty metally raised early gains the company has reported a forty percent increase in revenues for the first nine months of the year. michael stein from one prettier wraps up the day's trade for us. today in the markets saw the consolidation phase tolling the. huge ten percent rally in the r.t.s. since late wednesday of last week investor sentiment has clearly improved to some extent given that the europeans are taking a more constructive approach to solving their debt problems and given the market improvement in crude prices from about one hundred dollars a barrel last week to close to one hundred ten dollars a barrel this week. i will keep you up to date f

of the market's general low as well dropped after the international energy agency which used its global demand forecast for twenty twelve there are chances lowered just on the one percent and the minus six is losing more than half a percent let's not have a look at some of the individual share moves in the might six the decline on the indexes led by brawn one point three percent lower look will is losing one percent the company says it's going to spend more than ten billion dollars a year over the next decade to develop new huge projects for the metal is bucking the trend it's money that gave us the company has reported a forty percent increase in revenues for the first nine months of the year. russia second largest maker has decided to do list from the domestic stock market and become a privately held company or some data of course chilled by buying its shares from the market as it thinks they are undervalued it's a hope to raise more cash for an i.p.o. in london but demand was low and form investors didn't want to buy shares at a higher price than on the russian market companies might

in russia the markets generally lower as world dropped after the international energy agency reduced its global do want full cost for twenty twelfth the r.t.s. is up five point two percent and the my six is one. let's have a look at some of the individual share moves on the minus six the decline on the index is like finding a look at steel companies share as a down more than two percent as you can see the country's biggest oil producer also nafta is shedding more than one percent dragged by decreasing oil such lies make up little carly is losing to. santa it's a western from a turn capital still says chances for us this rally to continue. commodity prices have been firming up. so again it looks like this relief rally can continue and we should probably expect that to be led by again by banks and materials as was the case yesterday. i would though say that in this market it doesn't take much to bring it back down again because you know yesterday we saw many sellers actually on our floor although we know the summer was buying. but it doesn't look like we have a strong conviction for fo

have a look at the markets now all swings between gains and losses in new york after the international energy agency cut its to twenty twelve global oil demand forecast. its world consumption forecast to ninety and a half million barrels a day also affecting trade is the is there bounce over the euro after the e.u. easter road map of its plans to recapitalize banks the debt crisis. and stocks in the u.s. a high on wednesday on expectations europe what manage it's dead trouble the dow jones is up nearly one half the santa amad nasdaq is. one and a half percent among the losers. with shares dropping point seven percent this hour after having dropped seven percent earlier on the dow following new makers disappointing third quarter report in europe markets are edging higher edged higher despite slovakia's rejection of the plan to expand the eurozone rescue fund late on tuesday to put the end point eight percent in the black and the dax was over two percent. man group was top of losers list on the fourth to shouting six percent among the winners was a ration actually sources that was gaining over seven p

new joint venture and in russia the markets are generally lower as oil dropped after the international energy agency reduced its global demand forecast for two thousand and twelve the r.t.s. is losing one point three percent in the eyes x. is just under four percent let's have a look at some individual shambles of the my six the decline on the indexes led by got strong down over two percent look all is down as well the company says it's going to spend more than ten billion dollars a year over the next decade to develop huge new projects and probably battle it raise the only against it now as it's trading in the in the red sea the company has reported a forty percent increase in revenues for the first nine months albeit. minority shareholders of tanking repeat have increased their claims against british park and b.p. they now want thirteen billion dollars compensation following a collapse of people's tie up with process and the initial request was a quarter of ask the beginning of the year last year and the agreed to join to develop the rich oxide fields by vickie's russian partners in tank a d.p. bl

markets finished lower on thursday weight by energy stocks that so soil dropped off to the international energy agency reduced its global demand forecast for twenty twelve now michael stein from a critic outlines what investors would have a close look at on friday. to maybe domestic given schedule is very light we aren't expecting much in the way of news flow domestically but that said we'll be watching commodity prices and western markets and also be looking for. us retail sales data to gauge the health of u.s. consumer also looking at the euro zone c.p.i. figure to gauge the inflationary pressure in the euro zone and of course the most important event of the day will be the meeting among g twenty finance ministers which will be attended also by u.s. treasury secretary timothy geithner. and that's all we have time for now for story is live on tall website archie dot com slash business. back you're watching r t here's a look at the top stories activists claim soldiers in the north are now turning against the syrian regime something the government has not confirmed the latest clashes across the country

and in russia the markets are generally lower as world dropped after the international energy agency reached. used its global to montreux class for twenty twelve there are just as losing half percent of the mice it's a slight let's have a look at some of the individual share moves in the my six as a client on the index is led by gazprom as you can see one point three percent lower all the world is a bit behind two hundred percent lower class despite the company saying it's going to spend more than ten billion dollars a year old the next decade to develop new future projects for the natural is among the gainers the company has reported a forty percent increase in revenues for the first nine months will be and probably to western for much on capital highlights he's favorite stocks. if you believe in a relatively new then you should be in financial should probably be in mid in their material soon rather soaps if you believe that we just seen sort of a relief rally will continue to go down further on we should try to be as the friends of us are karen ross telecom which we like haven't re

russia markets finished the trading day lower wage high energy stocks bats or drugs for the international energy agency reduces global to not a forecast for twenty twelve let's have a look at some individual shambles organize that's gastro let the decline index losing two percent local added lower as well the company says it's going to spend more than ten billion dollars a year over the next decade to develop huge new projects and calling medical you raised early gains the company has reported a forty percent increase in revenues for the personality of the year michael stein from a critical wraps up today's trade. today even more concern or consolidation phase tolling the huge ten percent rally in the r.g.s. since late wednesday of last week investor sentiment has clearly improved to some extent you mean the europeans are taking a more constructive approach to solving their debt problems and given the market improvement in crude prices from about one hundred dollars a barrel last week to close to one hundred ten dollars a barrel this week the minority shareholders of saying p.d.p. have increased their

finished the trading day lower weight by energy stocks that's as oil dropped after the international energy agency reduced its global forecast to twenty twelve let's have a look at some individual samples on them isaac's decline index is led by was led by gas prom that was down two percent. one point one percent the company says it's going to spend more than ten billion dollars a year over the next decade to develop huge projects pulling metal you raised earlier games the company has reported a forty percent increase in revenues for the first nine months and. that's all i have for you this hour but don't forget you can always find most stories just log on to our website r t v dot com slash business headlines up next i'm going. nature and discovery. communicate with the wild. and become free. nature can give you. good will. bring you the latest in science and technology from. the future covered. with this is all. good to have you with us this out top stories now the syrian activists have a new crackdown. in the capital of president assad battles global pressure on his rule. in the us protesters det

and in russia the markets have retreated as well dropped off to the international energy agency reduce its global demand for twenty twelve point business in twenty minutes.

and in russia the markets are generally lower as oil dropped after the international energy agency reduced its global demand through class for twenty twelfth the r.t.s. is inching lower by point four percent and the my six is flat but so have a look at some of the individual moves in the maya six the decline on the indexes led by novel the still the company's shares are down two and a half percent the country's biggest oil producer ross nafta's shedding more than one percent dragged by decreasing oil thirst wise make it will kylie is losing two percent off your western front on capital still sees chances for gases relative continued. commodity prices have been firming. up so again that looks like this relief rally can continue and we should probably expect to be led by again by banks and materials as was the case yesterday. i would though say that in this market it doesn't take much to bring it back down again because you know yesterday we saw mainly sellers actually on our floor although we know that some was buying. but it doesn't look like we have a strong conviction for for the russian

russia markets finished the trading day lower weight energy stocks as oil profits after the international energy agency were. it's global from our forecast for two thousand and twelve let's have a look at some individual travels on the other side of the decline on the index was led by gazprom down two percent look or was also losing ground the company said it's going to spend more than ten billion dollars a year over the next decade to develop huge new projects and polling little you raised early gains the company has reported a forty percent increase in revenues for the first nine months of the year michael stein for one critical wraps up today's trade. today in the markets a consolidation phase boeing the huge ten percent rally in the r.t.s. since late wednesday of last week investor sentiment and it's improved to some extent and given the europeans are taking a more constructive approach to solving their debt problems and given the market improvement in crisis from one hundred dollars a barrel last week and close to one hundred ten dollars a barrel this week and more news from tank a b.p. the minori

and in business russian markets closed lower as oil dropped after the international energy agency would use this global demand forecast for two thousand and twelve we'll look at the figures in our business sports and twenty minutes.

markets finished low on thursday way down by energy stocks that's as oil dropped after the international energy agency reduced its global demand forecast from twenty twelve michael steiner much christiane is what investors would have a close look at on friday. to be the domestic given schedule is very light we aren't expecting much in the way of news flow to mystically about so we'll be watching commodity prices and western markets and also looking for. u.s. retail sales data to gauge the health of u.s. consumer also be looking at the euro zone c.p.i. figure to gauge the inflationary pressure in the euro zone and of course the most important event to go to be will be meeting among g twenty finance ministers which will be attended also by russia treasury secretary timothy geithner. and the russian market has seen mergers and acquisitions grow close to their highest levels in a decade research company as the total volume reach sixty hp. and all this in the facts nine months for him only two thousand and seven so more details and let's say the majority were signed in their resource industries among them

and here in russia the markets are generally lower as well twelve pounds of the international energy agency reduced its global demand forecast for two thousand and twelve the r.t.s. is losing over over half a percent of the market is down nearly percent let's have a look at some individual shovels of dollars it's this hour the decline on the indexes led by gas problem with a down nearly one point two percent loophole is losing one percent the company says it's going to spend more than ten billion dollars a year over the next decade to develop new huge projects and holy metal is a monkey gainers the company has reported a forty percent increase in revenues in the first nine months a year. ocean down one producer a role say is considering growing its business overseas. acquisitions. daily reports that the firm's consultant. on coaching it to purchase counted as a cutting lines the company the company accounts for three percent of production and if the kids are not asked b.h.p. billiton anglo australian mining major controls eighty percent of all were also potential acquisition targets and it'

percent respectively here in russia the markets are generally lower spoils the drop in the international energy agency reduce its global demand forecast put two thousand and twelve the r.t.s. is losing less than half a percent of them isaacs is down twenty one percent with our now let's have a look at some individual channels mindsets the decline only indexes led by gazprom it's down over one percent look oil is in the red as well the company says it's going to spend more than ten billion dollars a year over the next decade to develop new huge projects full metal among gamers the company has reported a forty percent increase in revenues for the first nine months i'll be here. to diamonds now a diamond producer is considering growing its. as for overseas acquisitions come on sunday any reports of the firm's consultants in the t.v. calcutta hours and encouraging it to purchase calendars it can see mines the company accounts for three percent of global government production is the key of b.h.p. billiton and the australian mining major controls eighty percent of all says potential acquisition target it's

markets finished the trading day lower wage i energy stocks that's as oil dropped after the international energy agency reduced its global forecast to twenty twelve let's have a look at some individual channels on my six the decline on the vix is like i was like i gasp on i was down two percent. one point one percent the company says it's going to spend more than ten billion dollars a year over the next decade to develop new projects and political you raised earlier games the company has reported a forty percent increase in revenues for the first month and. that's all i have for you this hour but don't forget you can always find most stories just log on to our website called business headlines and next i'm going. an. instant. game of this nature and discover its music. the. the the communicate with the why don't we. test yourself and become free to. see what nature can give the you the.

and russia the markets generally lower as oil dropped after the international energy agency reduced its global demand forecast for twenty twelve both the r.t.s. and the why it's losing more than one percent this hour or so have a look at some of the individual moves in the why is that while the decline here is led by gas braun one and a half percent lower well the quilt is losing one percent the company says it's going to spend more than ten billion dollars a year over the next decade to develop new future projects and one of much all is bucking the trend of the game as the company has reported a forty percent increase in revenues for the first nine months of the bitter western front on capitol highlights his favorite stocks. if you believe in a road to continue then you should be in financials and should probably be. material soon. stops if you believe that we just see sort of a relief rally continue to go down further on you should try to be as defensive as you care and telecom which we. haven't really had a defensive characteristics of the mobile. trade in the u.s. are listed in the

markets finish lower on thursday weight i energy stocks that's us oil dropped after the international energy agency reduced its global demand forecast for twenty twelve now michael stein from its creature outlines what investors would have a close look at on friday. the navy domestic given schedule is very light we aren't expecting much in the way of news for the mystically of that so we'll be watching commodity prices and western markets and also be looking for. u.s. retail sales data to gauge the health of u.s. consumer well some of the king of the euro zone c.p.i. figure to gauge the inflationary pressure in the euro zone and of course the most important event of the we'll be meeting among i g twenty finance ministers which will be attended also by u.s. treasury secretary timothy geithner. and that's all we have time for now fall stories live on toll web site archie dot com slash business.

watched triples japan and russia markets generally lower as the world dropped after the international energy agency reduced its global jamaat forecast for twenty twelve the r.g.s. is inching up five point two percent and the mice it's just not. possible look at some of the individual show moves on the minus six to decline on the indexes like mine with a look at still company's shares are down more than two percent as you can see the country's biggest oil producer all snapped is shedding more than one percent dragged by decreasing oil such lies make up a little carly is losing to. sand trap is a western from the trunk capital still says chances are yes this rally to continue . commodity prices have been ferment. so again it looks like this relief rally can continue and we should probably expect to be led by again by banks and materials as was the case yesterday. i would those say that in this market it doesn't take much to bring it back down again because you know yesterday we saw many sellers actually on on our on our floor although we know the summer was buy. but it doesn't look like we have a str

and turning to markets now all swings between gains and losses in new york after the international energy agency cut its two thousand and twelve global oil demand forecast the i.a.e.a. reduced its world consumption forecast to nineteen and a half million barrels a day also affecting trade is the advance of the euro after the e.u. released a roadmap of its plans to recapitalize banks and that crisis stocks in the u.s. are high on wednesday on expectations that europe would not interest at trouble the dow jones is up over one percent of that and the nasdaq is one point three percent higher this hour among the losers alcoa which i was talking almost thirty seven percent on the dow falling to be a media maker's disappointing third quarter report and europe markets are edging higher despite slovakia's rejection of. the eurozone rescue fund late on tuesday the forty added point eight percent in the black and the dax forced over two percent higher man group was topping the losers list on the footsie setting six percent among the winners is euro. the natural resources that was gaining office stopped and

that's a look at the markets now all swings between gains and losses in new york after the international energy agency cut its two thousand and twelve global oil demand forecast the i.a.e.a. reduced its consumption forecast to ninety and a half million barrels a day also affecting trade is the advance of the euro after the e.u. released a roadmap of its plan to recapitalize banks and debt crisis stocks in the u.s. are high on wednesday on expectations of europe manages that dow jones is up over one percent in the nasdaq is up one point three percent among the loses shares dropping almost five percent on the dow following the other million makers disappointing third quarter report in europe markets are edging higher despite slovakia's rejection of a plan to expand the eurozone rescue fund late on tuesday the footsie is a point give me point eight percent and the dax is. nearly two percent higher this group is talking loses this time for the selling over five and a sense among the winners is you raise natural resources. that are gaining over stuff stopped. here in russia stocks headed for the strongest

according to the international energy agency's latest statistics, china relied on hydroelectricity forst about 2% of its total energy. meantime, natural gas came in at 3%. renewable energies came in at about 10%. this includes stuff like nuclear power, wind and solar energy. but coal, that is still the most important energy source for china, generating 66% of the country's total energy. andrew. >> so if hydro only accounts for 2%, will there be much impact on industry because of these power shortages? >> it will because out of that percentage, hydro accounts for about 17%. so it will impact about -- what is that, about 20% or so from the big picture. one creative way the government could handle this problem, though, is by doing some interesting thing, by actually extending the chinese new year vacation. that usually falls in january or february. of course, that is midwinter. rural people and factory workers typically take a whole month off for that holiday which is also known as the spring festival. but on the opposite side during the summer months, we already saw a different strategy.

this week, the international energy agency downgraded its forecast because of the state of the economyat means lower revenues for this region's oil producers. and we found out, many of them are already planning ahead. >> reporter: the parallels are uncanny. in the aftermath of the lehman collapse in 2008, the credit crisis, along with fears of a global downturn, sent crude prices plummeting more than 60% in three months. today it's a similar picture. between june and september, oil spiraled 20% lower, signs of slowing consumer spending in the u.s., the credit crisis surrounding greece and much of the euro zone are also weighing on commodities. >> if we see a real credit crunch, financial crisis with massive sell-offs of assets, of equities but also commodities, that will certainly have an impact on oil prices. >> reporter: much of middle eastern oil is shipped east to two of the world's largest oil consumers, china and india. now signs of slower growth in those markets are raising concerns amongst the region's producers. >> we need to keep a close eye on demand. i'm not predicting a ma