like i said now time for the business with kareena. thanks for joining. us and i guess dispute between russia and ukraine says a deal will not done by the end of the year any reports in t. of save the sides have come to a draft agreement on forming a new joint ventures this would effectively guarantee russian access to the ukrainian gas transport network in return cut price cut gas supplies jenna bush has more. on the face of it this is a success for all sides so supply transit to ukraine and european gas customers most importantly finally gets a say in the point line but politics are always just below the surface of any rush ukraine agreement current ukraine lead to the cove which is pushing a hold to get as cheap russian gas as possible for ukraine but this may be a case of the you know because on thursday. with russia this deal allows mosco to present a solution to the gas tensions that we see every christmas in two thousand and nine and two thousand and six ukraine even cut off russian gas to european families european consumers were affected that the

here's a look at what else is making news around the world before we get the business news with kareena. which appears to show the ongoing conflict in syria where activists say another twenty five have been killed flames and black smoke was seen rising from a building in the eastern city of homs on tuesday night syrians of close their businesses over recent days as part of a general strike u.n. estimates five thousand have been killed since protests began but that is disputed by damascus which says the figure is biased and based only on the word of rebels. pictures are emerging of more dean number than the the man who launched a gun and grenade attack in belgium he killed five and wounded more than one hundred twenty others before killing himself on tuesday tributes are being paid to the victims with many people laying flowers at a makeshift memorial set up at the site of the shooting police have found the body of a female house cleaner in a shed belonging to the gunman who reportedly killed the woman before carrying out his brutal assault. tens of thousands of gazans took to the street

led to fears of escalating sectarian tensions where up to date with what's happening business with kareena. so welcome to business here in r.t. thanks for joining me this hour world bank claims that russia will earn big from the world trade organization are being played down by a top official here the global lender says national. more than three percent from entry to the trade body which was accepted by other members on friday but the chief negotiator to the debt we. told our t.v. expects only half that. marx who must of committing sin a. grocery increase by three to four percent i think really preferred to be more pursue mystic. if it will happen. but i think the semitics will be much more lower. about. one point five percent. russia's new finance minister is a fiscal hawk who won't splash the cash says first up any prime minister of. confirmed. replacement on friday but mr 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 the politics which was originated by the mini

few minutes away before that it will take a look at what's happening in the world of business with kareena. hello and welcome to a business update this all thanks for joining me. about twenty two baez has put a figure on the gains he expects from membership of the world trade organization at a ceremony accepting russia's a member of the trade body why it's revealed roof not go ahead also receive around five billion euros and state ahead of shuttle. so where the additional seven point five percent of g.d.p. growth is so important for something from the way to report on the rolls you know from your posts on joining the euro that's so kind of the meat still to come to the fed. them through the road will be think the protection on the phone with an additional steps from the government before you in the beginning to convert so to be on the robot. visibly gets into the beautiful field by the end before the end of the next year but actually they were both fields if you want to build the december this year go on the take all the money to pay for it for i'm still unaware the w t o laws take precede

minutes away before that though we'll take a look at what's happening in the world of business with kareena stay with us. it's twenty two past past eight am here in moscow welcome to business world bank claims that russia will earn 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 m

is running so high before that we'll take a look at what's happening in the world of business with kareena. o. and welcome to a paper thanks for joining me russia goes to the polls on sunday to choose who sits in parliament election season or when he concluded with a presidential vote in early march through experience of the global economy is having a effect on the election campaign and unlike previous years the government has not ramped up public spending ahead of the vote. i think it reflects that the economy is growing quite strongly on its own it reflects concern of the global environment and the desire for more prudent policy but i think it also means. we're starting from the slightly stronger position. than other warranties so complete is that we are going to see some increases in spending and cut some times at the beginning of next year we're going to see big increase in police a big increase in military pay and a big part and social contribution tax so there is already. increase in spending programs into the budget twenty twelve regardless of the result of the election. german indu

few minutes away before that or we'll take a look at what's happening in the world of business with kareena. hello and welcome to business update the south thanks for joining me. is 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 twice revealed i had also received around five billion euros and state aid ahead of. the additional seven point five percent of g.d.p. so important for herself in the way to the point of the growth you know from the force of joining the euro that's so kind of the needs of. the fed. through the road will be. additional steps from the government before. the big eight hundred thirty below and. the beginning for the people here by the end of the next year but actually they were. december this year government paid all the money to. pay for it from still unaware the w t o laws take precedence in russia's courts metals magnetic same or the shelf told r.t. the world trade body except to the country as a member on friday the boss of steel giants severstal expects entry to spu

be back to recap our top stories in just a few minutes time of the business bulletin with kareena. thank you carrie hello and welcome to our business this hour it's been called the deal of the year by russian business magazine company the country's two stock exchanges complete their merger today the r.t.s. and my six will continue to trade as a separate index but the trading platform clearing systems and data centers will be integrated change is expected to go for a public listing in two thousand and thirteen aiming to raise at least three hundred million dollars the merger is an essential part of the government's plan to promote moscow and an international financial center. that brings us to the market for those low for a fourth straight day with the pressure coming from a stronger dollar and concerns about the european debt crisis wheat is trading at almost ninety three dollars per barrel thank you four dollars per hour. and brant is that just on the one hundred and four dollars. markets in asia lower on monday with technology and we saw you have concerns again provided the backd

i feel great relief because kareena story being very stressful i barely eat in numberless legs but the story for me wasn't over though until when i was back in moscow. the next day i had to get to the hospital rooms checked for radiation and thankfully i was clear. every day into the new year will bring in more personal reflections from our correspondents on the events that molded the news of twenty eleven those stories that they brought to you if you want to catch more of them as well there on our website r.t. dot com. will do it in brief now a suicide attack has killed at least seven in iraq and injured thirty two others by detonating a car bomb in the middle of the morning rush hour the bomber drove his vehicle into a security checkpoint outside the interior ministry five policemen are among the dead no words claimed responsibility yet but suicide attacks are all hallmarks of al qaeda in iraq it follows a series of bombings that killed at least seventy two people last week just a few days after u.s. troops. international communities condemned sunday's bomb attacks in nigeria which c

the recovery of our top stories with me rory sushi just moments away that's after the business with kareena. thanks rory hello and welcome to a business update this hour there's been progress in the gas dispute between russia and ukraine but gazprom says a deal will not be done by the end of the year media reports in kiev say the sides have not come to a draft agreement on forming new joint ventures this would effectively guarantee russian access to the ukrainian gas transport network in return for a cut price gas supplies jenna bush has long. on the face of it this is a success for all sides so supply transit to ukraine and european gas customers most importantly finally gets a say in the point line but politics are always just below the surface of any russia ukraine agreement current ukraine lead the cove which is pushing a hold to get as cheap russian gas as possible for ukraine but this may be a case of there will you know because on thursday. russia and this deal allows moscow to present a solution to the gas tensions that we see every christmas and winter two thousand and nine and two

and let's see what's happening in business with kareena. hello and welcome to our business update this hour thanks for joining me the podium of the global oil majors has witnessed a reshuffle as russians rosneft became the biggest oil producer among public companies during the first nine months of the year it has produced one point six million tons more oil than the previous leader american exxon mobil and of those say the output of the u.s. for him was hit by the arab revolutions which led to an eighteen percent loss of this war production in the region they have to increase itself with by two point seven percent with the majority of its oil of its all deposits located in russia market watchers believe the global oil market is deeply confused middle east tensions and eurozone recession are casting a cloud over the world economy investment banker a call from explains what investors are up to and how this will affect russia. you know what we're seeing. the market is a very confused regarding the future. of people. both of them on your option

story before we get to kareena with the business so let's get to some other headlines from around the world for you top of the world update you on our see hundreds of coffins have been shipped to the southern philippines where massive flash floods have killed almost a thousand sailors load of a ship with wooden coffins to help local authorities handle the increasing number of dead efforts continue to help survivors and those displaced by the floods but search operations have been hampered by the damage to infrastructure the red cross estimates over eight hundred people are still missing. violent clashes between protesters and the military troops have moved into a fifth day in a row where more than a dozen people have been killed since friday security forces have used batons tear gas and live rounds as they try to contain a stone throwing demonstrators protesters have been trying to tear down a brick wall the army set up to block access to parliament the deadly confrontation began when troops cracked down on a sit in to demand egypt's military rule power over to a civilian authority. i

but time now for a business update with kareena. hello and welcome to our business update this out thanks for joining me it's been called the deal of the year bob russian business magazine company the country's two stock exchange is complete then merger today the r.t.s. m i six will continue to trade as separate indices but the trading platforms clearing systems and data centers will be integrated the new exchanges are expected to go for public listing in two thousand and thirteen aiming to raise at least three hundred million dollars the merger is an essential part of the government's plan to promote moscow as an international financial center. let's have a look at the markets now oil is low for a fourth straight day with the pressure coming from a stronger dollar and concerns about europe that might believe it's trading at ninety two dollars and a half of our zero brenton's blend is at over one hundred two dollars but the. asian markets extend losses after reports that north korean leader kim jong il died the consequences for geop

restored to its sorry school henri before that it will take a look at what's happening in business with kareena. business of the good to have you with me russia goes to the polls on sunday to choose who sits in parliament the election season will then be concluded with a presidential vote in early march the week stays of the global economy is having an effect on the election campaign say unlike previous years the government has not wrapped up public spending reports. i think it reflects that the economy's growing quite strongly on its own it reflects concern about the global environment and a desire for more prudent policy but i think it also means that we're starting out in a slightly stronger position than than otherwise second thing to say is that we are going to see some increases and spending cuts and tax at the beginning of next year we're going to see big increase in police pay a big increase in military pay and a big cuts in social contribution tax so there is already some increase in spending programmed into the budget twenty twelve regardless of the result of the election. siemens wil

four minutes past the hour here in the russian capital up next it's the latest business news with kareena and i'll be back with a summary of on a new story stay with us live here in moscow. hello welcome to business the sol thanks for joining me on top story the european union has agreed to discuss exempting russian companies from some of the provisions it has to energy regulations the so-called third energy package requires the separation of energy production transit and sales something russia strongly opposes or even closer reports on the meeting between russia's energy minister sergei schmidt call and europe's energy commissioner into asking for. talks between the two have stalled since may and today was the first time since then both sides try to argue their case now even though there was no resolution the european commissioner did say that amendments could be considered energy package next year and this is crucial for russia because the package does require the separation of gas transport production and supply going against everything that russia's gas mobley gas from the stands for

and the before we get to the business with kareena let's do the world update here on our to some of the international headlines for you egypt holding the second round of its first post revolution parliamentary elections over eighteen million citizens are eligible to cost votes the muslim brotherhood is expecting to repeat its first around success where it crushed its more liberal rivals the party is hoping to dominate the first elected government following the end of hosni mubarak's thirty year rule in february results won't be finalized until after a third round of elections. for joining the. belgian police have found the body of a female house cleaner in a shed belonging to the gunman who went on the rampage in the city of nobody around me who died during his shooting spree reportedly killed the woman before carrying out his brutal assault which ultimately killed five and wounded over one hundred twenty at a holiday market are you now seeing footage of the aftermath of. showing injured people on the ground lying shocked among shattered glass hundreds of shoppers were forced to flee bu

i feel great relief because kareena story's been very stressful by bending the chin on the nice legs but the story for me wasn't over until when i was back in moscow. the next day i had to get to the hospital rooms checked for radiation and thankfully i was clear. there were every day up until the new year would bring any more personal reflections from our own correspondents on the events that most of the news of twenty eleven brought stories there's anything you missed as well you can catch my website r.t. dot com. well back here shortly a fourteen year old russian girl breaks another powerlifting record nazis correspondent learns how to protect his microphone at night kido said when a disaster i'm told was averted as holy roman support bulletin around twenty minutes after but the business well. known welcome to the program the destiny of the soon project seems to be hanging on the outcome of russia's a gas talks with ukraine that's according to gazprom c.e.o. alexei miller who said that russia begad the south stream project in order to secure delivery of gas to europe without havin

stories for you in just a few minutes from now in the meantime as promised business news is next with kareena. thank you bill hello welcome to business angle russian venture tanky b.p. says it's going to invest ten billion dollars in arctic oil production this will include infrastructure on the oil fields and links to export pipelines mainly in the china the move follows a failed arctic alliance between b.p. and will smith blocked by the russian partners and tank a b.p. . and gastro says the south stream pipeline to ferry russian gas to europe will have its terminal point in italy earlier the state's energy giant i'd also central european location and gas infrastructure was seen as an advantage but vienna is backing rival pipeline project in a book oh and that causes gas pump to switch to italy but in a russian gulf get north capitals this also makes better commercial sense. the gum tree which is provided for the guest room wipes enjoy a certain. bit of development maybe some future discounts maybe some privileges. obviously it's a mutual it's a win win situation it's a good commerce and i th

before we do the business with kareena now is the update here on r.t. some other headlines from around the world this hour. a new president. has been sworn in and now leads a transitional becoming the country's first leader after the popular uprising almost a year ago longtime ruler president. ben ali was ousted after weeks of public protests the election of the interim leader follows approval over the weekend of temporary bylaws to guide the nation until a new constitution can be adopted. protesters have taken to the streets in south korea labeling chinese fishermen as pirates the demonstrations came a day after a south korean. that was allegedly killed by a chinese captain suspected of fishing illegally in the country during a protest outside the chinese embassy in seoul one demonstrator ramp car into a police bus carrying officers who were guarding the building south korea's president has about tighter security following the incident. canada has pulled out of the nine hundred ninety seven global warming kyoto protocol becoming the first nation to rej

i feel great relief because kareena story's been very stressful by then he eats in london he slips but the story for me wasn't over until when i was back in moscow. the next day i had to get to the hospital rooms checked for radiation and thankfully i was clear. every day up to up till the new year will bring you more personal reflections from our reporters on the scene at the events that molded the year in news two thousand and eleven and if you missed any then you can find them again on our web site r t dot com let's turn now to some other stories making headlines across the globe a suicide attackers killed at least seven people in iraq injured thirty two others by detonating a car bomb during the middle of morning rush hour bomber drove his vehicle into a security checkpoint outside the interior ministry five policemen are among the dead is after a series of bombings that killed at least seventy two people last week just a few days after u.s. troops pull out of iraq nobody's claimed responsibility yet but the suicide attacks are a hallmark of al qaeda. the international community's

i say the recent reporting they're told not to put you all the latest business developments with kareena. and welcome to our business update the south european union has has agreed to discuss exempting russian companies from some of the provisions in its new energy regulations the so-called third energy package requires the suppression of energy production transit and sales something russia strongly opposes green acosta reports on the meeting between russia's energy minister sergei not call and europe's energy commissioner. talks between the two have sold since may and today was the first time since then that both sides try to argue their case now even though there was no resolution the european commissioner did say that amendments could be considered energy package next year and this is crucial for russia because the package does require the separation of gas transit production and supply going against everything that russia's gas mostly gas from the stands for not the same time europe is currently trying to build its own pipeline trying to lessen its dependence on russia its main gas s

as he was happening in business with kareena. it's twenty three past eight am here in moscow hello welcome to business here in r.t.e. the russian government is ready to help national companies grow and extend the broad what it needs in return is loyalty according to local reports and who has been meeting russia's business elite on wednesday the prime minister says firms shouldn't go off shore and pay tax at home. business bullshit but you we will do all we can so that you can develop your enterprises and come to new markets but businesses should also understand their responsibility to the country don't hide money and assets in. it is unacceptable in every way be it legal or semi legal to evade taxes there should be censorship and pretty much the money of the prime minister is talking about include seventy four billion dollars that have already left russia this year their capital outflow from the country is equivalent to over five percent of what the economy produces some businessmen have agreed to sail back from offshore or requi

witnesses expected to give testimony during the trial and some now for the business of date with kareena. her welcome to this is something the star he also goes to the polls on sunday to choose who sits in parliament the election season will that be concluded with a presidential vote in early march the weak state of the global economy is having a bleak effect on the election campaign and like previous years the government has not run public spending ahead of the voting. i think it reflects that we call it is growing quite strongly on its own how it reflects concern about the global environment and the desire for more prudent policy but i think it also means that we're starting out in a slightly stronger position. than other war is second thing to say is that we all get to see some increases in spending and cut some tax at the beginning of next year we're going to see big increase in police power a big increase in military pay and a big cuts in social contribution tax so that is already. increase in spending programmed into the project twenty twelve regardless of the results of the electi

with kareena armed militants in pakistan of ambushed a convoy of nato tankers before setting it ablaze is now a bad recently decided to block nato supply routes to afghanistan after an alliance airstrike killed twenty four pakistani soldiers last month the blockade could continue for weeks until new rules are established with washington meanwhile u.s. forces have left pakistan after being told to go as a result of the deadly strike. israel has approved the construction of forty homes in a farm near bethlehem planned for the new neighborhood were approved by israel's defense minister but the settlement watchdog peace now said the project show israel's intention to claim the region in any future agreement with the palestinians israel has come under criticism since a government decision last month to speed up construction in response to palestine joining us to go. well in less than ten minutes from now to discuss is the prospects for peace in the middle east with a senior palestinian politician but first there was probably screens here with the latest business news. welcome to our busines

mean it's often a travels to discover one of russia's oldest inhabited areas next business news with kareena what's more about the w t o news today she said after a very quick break. technology innovation all the developments around we've. covered. news today violence again flared up. these are the images the world has been seeing from the streets of canada. operations throughout the day. and welcome to business here and i think thanks for joining me as we've been reporting a new era has begun for the russian economy the world trade organization has formally invited russia to join bringing to an end eighteen years of negotiations analysts warn that joining the trade body could harm certain sectors of the russian economy particularly the uncompetitive light industry and machine manufacturing sectors but in the long term reduction of trade barriers should spur russian companies to become more competitive. in acosta has more. it's been a long and bumpy ride to say the least russia force applied for membership back in nineteen ninety three but russia negotiator switched gears after seeing china'

reporting from kiev in ukraine and before we get to the business with kareena let's check out some other international news headlines for you this hour militants in pakistan have ambushed a convoy of nato bound tankers before setting them on the blaze as i'm about recently decided to block nato supply routes to afghanistan after an alliance airstrike killed twenty four pakistani soldiers last month the blockade could continue for weeks until new rules are established with washington meanwhile u.s. forces has left pakistan's shamsi base after being told to go as a result of that deadly strike. israel has approved the construction of forty homes on the farm near bethlehem plans for the new neighborhood were approved by israel's defense minister but the settlement watchdog peace now said the project shows israel's intention to seize the region in any future agreement with the palestinians israel has come under criticism since a government decision last month to speed up construction in response to palestine joining us. right well coming up here on the program the palestinian m.p. my stuff a

it's a union the former soviet republics but now it's the business news with kareena stay with us for that. welcome to our business update the russian economic ministry believes there's a risk the price of oil could collapse next year if the eurozone crisis deepens this would have a profound impact on the country's economy l.-a value of a currency artie's business. well the ruble is currently thirty one to the dollar pessimistic traders or is there no will have you believe there's a twin risk in twenty twelve of the ruble weakening to dangerous unseen harley's first you have the political instability with reports that up the whole four million people come out onto the streets of moscow to protest the recent alleged fraud in the parliamentary elections second you have the leaked report from russia's economic ministry that there's a growing group the oil price will fall from the current hundred dollars a barrel to eighty or even sixty dollars in the wake of the eurozone crisis today the o.e.c.d. warned that russia's for too dependent on oil revenues so low oil prices will be disastrous

recap our top stories for in just a few minutes from now before that we have the business news with kareena. hello and welcome to our business update this self thanks for joining me the shareholder calls like that b.p. has led to management we sell forward two out of three independent board members quitting the russian british oil venture former german chancellor gerhard schroeder and mining industry veteran james laying have reportedly stepped down from the board after a company meeting on friday earlier this year b.p. is russian partners a are to the british major to arbitration over its failed attempt to enter an alliance with tainted b.p. weibo rosneft. they are said the attempt to deal violated their shareholders agreement with b.p. . now let's take a look at how the markets are doing oil is lower on concerns that europe might be able to tame its debt crisis brant is trading at one hundred seven dollars to the world and that ninety eight dollars our stocks in the u.s. drop as investors question whether the measures announced by eurozone leaders last week would be enough to stem the sov

summary of all news stories for in about five minutes from now the meantime the business is next with kareena. hello and welcome to business news here in r.t. thanks for joining me european union has agreed to discuss exempting russian companies from some of the provisions in its new energy regulations so-called third energy package requires the separation of energy production transit and sales something russia strongly opposes acosta reports of a meeting between russia's energy minister sergei. europe's energy commissioner good auditor. talks between the two have stalled since may and today was the first time since then both sides try to argue their case now even though there was no resolution the european commissioner did say that amendments could be considered to the third energy package next year and this is crucial for russia because the package does require the separation of gas transfer production and supply going against everything that russia's gas monthly gas from the stands for got the same type europe is currently trying to build its own pipelines trying to lessen its dependence o

we are up to date with who is happening business with kareena. welcome to the business up to the south thanks for joining us or goes to the polls on sunday to choose who sits and part of the election season will then be concluded with the presidential votes in early march the week state of the global economy is having affect of a couple of the campaign and it was a like previous years the government has not rounded up public spending ahead of. i think it reflects that we're going to be growing quite strongly on its own it reflects concern about the global environment and the desire for more prudent policy but i think it also means. starting out in a slightly stronger position. than other warnings so i can think to say is that we are going to see some increases in spending cuts and tax at the beginning of next year we're going to see a big increase in police by the peak increase in military going to be part and social contribution tax so there is already some increase in spending programs into the budget twenty twelve regardless of the results the

thirty two of the europa league has got more of that shortly the round of the day's business with kareena. thank you kevin hello and welcome to our business up at this hour good to have you with me capital is still flying out of russia flow rates ten billion dollars in the van forcing the central bank to once again raise the forecast for the whole year to an estimated eighty five billion dollars that's more than double last year's total i say my safe at the capitol says cash light is down to a lack of structural improvements. the fundamental reason for a sustained difficult for free is that roughly equal to the russians are going to be killed by just all is much when you're the victim and you never seem so fixed exchange rate with a flexible chain freed from the capital flight is has become important for later or hold all for going to going to the development and the bisbee or recluse bubble from developing blood on the other hand the also means that there are options to invest also the pressure i'm sure better than openness to listen to fashion with. them because bubble so no longer a ve

us if we may i won't be back next how about that for may join my colleague kareena she'll be back providing a little business news. a little bit with.

heart of this bringing you our problems headlines are just a few minutes about a week after kareena by the latest business. thank you rory hello and welcome again to our business update russia goes to the polls on sunday to choose who sits in parliament the election season will then be concluded with the presidential vote in early march the weak state of the global economy is having an effect on the campaign and analysts say unlike previous years the government has not ramped up public spending ahead of the vote in. i think it reflects that the economy's growing quite strongly on its own how it reflects concern about the global environment and the desire for more prudent policy but i think it also means that we're starting out in a slightly stronger position. than other warnings second thing to say is that we are going to see some increases in spending and cuts and tax at the beginning of next year we're going to see big increase in police by a big increase in military pay and a big profit and social contribution tax so there is already increase in spending programs into the budget twe

the latest business news now with kareena is next stay with us live here in moscow . thank you bill hello and welcome to our business update this hour there's been progress on the gas dispute between russia and ukraine says the deal will not be done by the end of the year media reports in kiev say the size of come to a draft agreement on forming new joint ventures this would effectively guarantee russian access to ukraine and the gas transport network it would turn for price cuts for gas supplies daniel bush has more. on the face of it this is a success for all sides so supply transit to ukraine and european gas customers most importantly finally gets a say in the point line but politics are always just below the surface of any rush ukraine agreement current ukraine lead to the cove which is pushing a hold to get as cheap russian gas as possible for ukraine but this may be a case of the will you know because on thursday. russia and this deal allows mosco to present a solution to the gas tensions that we see every christmas in two thousand and nine and two thousand and