lauren lyster r.t. new york. well joining me live now from new york are studio is our teens lauren lyster lauren now you are saying that the pharmaceutical industry is now the biggest de frogger of the government can you give us a few more details on you know what offense is there really committing here. well the really major ones depending on how you splice it and dice it that account for the increase in the both the number of fraudulent accounts as well as the dollar amount of those penalties are and overcharging the government through programs such as medicaid and medicare for drugs so this is a financial issue which obviously has you know a number of reasons to be concerned considering this country's deficit but the other issue and this is the one that really endangers patients were a lot of this crime is happening is in the illegal off label promotion of drugs which it's not illegal for a doctor to prescribe a drug for something that's it's not f.d.a. approved for but it is illegal for a company to push this use and in some of these cases for example with pfizer there was a drug that ninety percent of its pre

upon joining me from our studio in new york to discuss it is r t s financial correspondent lauren lyster lauren thanks so much for joining us now he gave this speech at a conference in for the bank of france before the g. twenty so is this supposed to be just a little preedy twenty the message that everyone is really clear what america stands for is. well i think it was burning pretty much defending himself against criticism that we've seen internationally over quantitative easing going into this g. twenty we saw this criticism be an issue going into the last g. twenty with not just countries like china being very critical of the u.s. policies but countries like germany developed nations as well that have been critical of the effect that quantitative easing this six hundred billion dollar. program has had on international capital flows flowing into other markets and raising the value of their currencies in a way that countries don't want to benefit them meanwhile driving the dollar down it's been a criticism that has been thrown against bernanke since last year twenty and we've seen even recent

lauren mr r.t. new york. well for more on this we'll go to our studio in new york are joined by art he's lauren lyster al gore and walk us through the past couple of weeks in terms of the way the markets have been reacting there there has been some up and down it hasn't all been a consistent rise. you know you're absolutely right last week was markets and everybody reeling or this bike that we saw as a result of concern over what was going to happen in saudi arabia with what's happened in libya production of their oil has been cut by barclay's estimates is one million barrels a day they typically produce one point six million barrels a day which the world relies on so without the supply being cut in saudi arabia needed to come out and reassure that a they could produce that amount of oil and also people were concerned that that any kind of revolution might spread to saudi arabia and in that country if anything was to affect the oil supply there that would be devastating for the world which relies on twenty five percent of its oil supply coming from saudi arabia so these were the concerns that sent a spike in