got this going on of our team and carry our had to our washington studio council account with lauren lester and that's after the break here on out. the legacy no one should be proud. of scrap metal littering pristine arctic landscape building stilton over their foundation pipes spewing black smoke over the snow covered peaks the traces of the soviet industrial activity on the spitzbergen archipelago don't make a pretty picture the guiding principle here is the worse the better locals like to tell the story that back in soviet times when norwegians were visiting barons were they also expressed amazement. at how prosperous the settlement was well times have obviously a challenge where they saw it lags they still attracting a region tourists are barons work i would then cons watch native cash that's why i was betting there are a goal is common as was uncovered here a few days ago instead of throwing it away the local administration decided to paint the bin you and put it at variance work central square that can do nine hundred eighty daryn's work was a burgeoning mining community the soviet un

coming up cutting through the economics spam capital accounts financial check up with lauren lester coming up after the break. wealthy british style. but i'm not surprised to find. markets why not i'm going to. find out what's really happening to the global economy with max cons are for a no holds barred look at the global financial headlines tune into kaiser report on our. choose your language. of choice week over the internet or else when i say still some honest. truth is that the concerns you want to get to the opinions that invigorated your. choose to stories get in high life choose the access to your office. it. i live. good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are headlines for tuesday december eighteenth two thousand and twelve japanese pension funds are starting to invest in gold for the first time according to the wall street journal they're looking to mitigate the damage of market shocks and reduce the risks associated with currencies the paper says until recently they've invested in mostly domestic stocks and bonds will have more o

you for watching the show to come back tomorrow in the meantime you can follow me on twitter at lauren lester watch us on you tube or hulu check in on our you tube because as i said you can watch the full seven hundred seventy five view on their web exclusive and have a great night. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else here's some other part of it and realized everything you thought you knew you don't i'm trying hard to think. the a glow. mission and. a grin and station three. four judges three arrangements three. three. three three. glows.

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in a couple of minutes right that is all coming up next on the capital account with laura lester thanks lauren but that is going to do it now for the news for on the stories we covered head on over to our you tube channel you tube dot com slash r t america you can also check out our web site that is our t.v. dot com slash usa it can also follow me on twitter at liv's wall we'll be right back here in a half hour see that. the capital account i'm laurin mr. technology innovation all the developments around. the future. admission is free credit taishan free. for charges free arrangement free. free. free. old free blog morning video for your media projects a free medio dog r.t. dot com. you know sometimes you see a story and it seems so you think you understand it and then a glimpse something else you hear or see some other part of it and realize everything you thought you don't know. welcome to the big picture.

just ahead for you laura lester with a global financial news roundup from our washington studios. good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for friday nov thirtieth two thousand and twelve the fiscal cliff continues to drive the news cycle and washington politics meanwhile the wall street journal reports it's pushing us i.p.o.'s stock sales and mergers as sellers feared taxes on investment gains could go up next year now despite news like this and even if by efforts to promote i.p.o. bubbles the number of companies going public continues to be down significantly from highs in the nineteen nineties who why would we want this. why would we ever want to bubble party private equity advisor william janeway is here to explain why bubbles are sometimes good plus u.s. corporate profits hit a record high in the third quarter according to the bureau of economic analysis with these profits why are we seeing more business investment to fuel innovation will discuss and we hear about sovereign credit downgrade and warnings of those downgrades all the time in the wake of the debt c