and it actually contributes to a weakening of global aggregate demand a weak lobel economy because if countries are setting aside literally hundreds of billions of dollars you might save the cautionary savings. that's money not spent so you're saying essentially it hurts everybody to have the u.s. dollar is the reserve currency that's right and what we describe what i've described in the un a commission that i chair your commission on reforming the global financial monetary system. explains how we can create a global reserve currency as really interesting to be here at bretton woods talking about that because keynes argued for this seventy five years ago. and the aftermath of that of the great depression he understood. the links between. you case problem the u.k. being the reserve currency down and if we're going to have global economic stability we needed to move off of the. single currency country being the reserve currency. bretton woods failed from his perspective in this respect and didn't the us say hey we disagree we want to be the main reserve currency and got their way so it

all coming up next our financial expert mark scars or looks up a low status in high finance the risk lobel markets are facing and what wall street would rather you didn't know that surprise a report up next. max kaiser they see her this is the kaiser report today stacey you're going to be talking a lot about risk in all of its forms tell us. as i go alone but. tell the people what you've got over there ok well let's start with the first headline max because that has risk in the actual headline t. bills no longer considered risk free by chicago mercantile exchange c.m.e. group announced monday that as part of a normal review of market volatility they claim it is determined that t. bills should no longer be treated as a grist free when used as collateral haircuts on t. bills will rise from zero point zero percent two point five percent and. let's talk about this for a moment treasury bills is say when you haven't many are poor folio and you use them as collateral and you can borrow against them one hundred cents on the dollar and this is interesting because if you remember going back to the

decide anything and in the year two thousand and eleven is the g eight powerful enough to drive big lobel agenda a lot of questions seaside or a couple of days at the seaside i think it you know if it is only you're talking to are talking shops are quite important it's important that these guys should get together and talk informally amongst themselves after all that's how this group actually originated in the first place twenty years ago so i don't think that's a real that's irrelevant itself it has a value but certainly the g eight has been squeezed on the one hand. important countries in the world these days of the united states and china which is the key to all the g twenty or perhaps even the g thirty to bring in some of the really important developing countries so the g eight is more symbolic than anything else paul do you agree with that is it's more symbolic than anything else it is in istanbul because it's just symbolic and why waste all the money ok because i work in media everybody has to go to the g eight and another story happens in the world and we get squeezed because we do

russia's deputy foreign minister about only going about that have come to be known as the arab spring mr lobel done off explain why moscow opposes any u.n. resolution against the syrian regime despite its condemnation of continuing violence in the country. that's a shock to developments in the middle east concerned the entire world and russia is no exception russia is a permanent member of the u.n. security council as well as an active member of the international court in the middle east russia's deputy foreign minister mikhail bogdanov joins us to discuss recent developments in the situation in the middle east and answered a question whether the region is going through the arab spring some experts say or a period of decline just about done of it before he became deputy foreign minister you were russia's ambassador to egypt for a number of years and witnessed the tragic events to check the country the life of the vast majority of egyptians remain bitterly hard going to constantly deteriorating do you think there is a possibility that egypt will experience another way of mass protests this time

lobel insurrection against banker occupation we've been telling you about it for months now it's coming to new york state anonymous joins hash tag occupy wall street they're encouraging the twenty thousand people to occupy wall street flood into lower manhattan occupy spaces in front of the banks so they're going to set up tents like they have in the square nothin's or in a square in or in cairo tahrir square they were demanding the dictator go. the dictator in the situation are the banks they need to surround the new york fed which is only a few blocks away and demand the head of the new york federal reserve bank to leave and they're not going to leave until the head of the new york federal reserve bank leaves that should be the whole purpose of the occupation not to sit in front of the it stock exchange and other high falutin for cock to run on sentence about a laundry list of demands that never works. mission free credit taishan free comes for charges free. range month free. free. free. download free broadcast quality video for your media projects cabo john darche dot com. their cale

my view if you're anti carbon dioxide and you're anti-nuclear you're just pro blackout and with the lobel demand for electricity expected to grow by eighty percent over the next twenty or twenty five years we simply don't have an option but to continue to work hard at getting good at nuclear. after a break we'll continue our discussion on the use of nuclear power stay with our. live. live. live. live. live. live. live. live. live . live mission free. education free. free. free. free. free live. video. live. live. live welcome back to. i'm peter lavelle to remind you we're talking about the future of nuclear energy. can't. stay. benjamin's i go back to you in paris i mean irrespective of your attitude towards nuclear energy one thing is for sure demand for energy is going to continue to grow weak specially in china was already mentioned in the program as we speak right now there's a lot of controversy about nuclear power plants being built in india and then another market that desperately needs more energy and and we live in a very volatile world gentlemen i mean the politics of all oil th

and a pretty terrible burden to have to get through the exchange rate is lobel flexible than it was before the banking system is really quite stable you've got some money leaving the country but again not nearly as much as that it's a very very different place you know people are investing people are building businesses you know why they just didn't exist in the in the late ninety's we've had ten years of you know there's been a lot of volatility to relatively speaking it's not evil compared to the previous ten years. but take a look at the markets now u.s. stock scaled back gains were technology stocks falling the most after dell forecasts the weakest sales growth dell fell in line a half percent to fourteen dollars that sounds retailers and media companies are also known for declining this wall street offered little reaction after the labor department reported u.s. producer prices gained twenty two percent in july now let's take a look at the closing figures in russia you see equities markets ending in the black ignoring the negative sentiment in europe that's a high oil price and here i

my view if you're anti carbon dioxide and you're anti-nuclear you're just pro blackout and with the lobel demand for electricity expected to grow by eighty percent over the next twenty or twenty five years we simply don't have an option but to continue to work hard at getting good at nuclear. when we're going to go to a short break here right now after a break we'll continue our discussion on the use of our state with our. download the official location until i phone the ipod touch from the i choose i'm still. jaunty like on the go. video on demand oxys my full costs and r.s.s. feeds now in the palm of your. christian. mission and free accreditation free zones for charges free. range humans free. free. free. gold free blog can plug in video for your media projects for free media don carty dot com. we'll. bring you the latest in science and technology from around the world. we've done the future are covered. that's. cute story. welcome back across takaki revelatory mind you were talking about the future of nuclear energy. q. did. mention if i go back to you in paris i mean irrespective of

see this but you definitely will as it will happen within the next twenty to twenty five years three lobel powers the united states the european union and china are already competing to set up the first lunar observatory and hence the first colony on the moon later on people might colonize mars china's ideas of populating mars with millions of people and giving them land seem naive to me although the chinese are capable of a lot in any case i doubt we'll be traveling to the stars out somehow locating conscious life forms and other planets help us because i don't know for some time i stuck with the idea that we were alone in the universe that we need. it seemed like the desire to discover extraterrestrial life forms was essentially a desire to answer some of the questions that troubled as all questions related to health technology and survival of if we do indeed discover a civilization outside of earth a highly advanced civilization we may gain some technology from this technology it would be fantastic look at how the world has changed over the past forty to fifty years the changes were rad

lobel has bought five percent of social network twitter for four hundred million dollars that's according to the financial times quoting a source close to the deal the newspaper suggests the investment might be the last one if warts were listed on wall street the a c. global also owns almost eight percent of facebook. russian mobile phone resellers there is no way it's soon list on the london stock exchange and twenty twelve the company's c.e.o. has estimated its value between one point six and six point eight billion dollars and says up to thirty percent of shares will be sold meanwhile suppose no one has reported a twenty six percent growth profit for the first half. and that's all the business news for now for more stories you can always had to sign it's r.t. dot com slash business but in the meantime statesman for the headlines with laurie . if used to be an ideal place for a holiday. to change in a moment. the demands of more are still visible. the republic is not only relieved but also shaping the future. for.

who makes decisions through get through it and made who can you trust no one who is in view with the lobel machinery see where are we heading state controlled capitalism is called satchels when nobody dares to ask we do our t. question morning. welcome back to the big picture i'm tom hartman coming up in this half hour in wisconsin the stakes are high for six state republican senators who could be out of a job voters will determine their outcome in tonight's recall election will corporate dollars trump true democracy and how does that new voter i.d. law work up was a ski leader report out of japan where government officials are now being blamed for downplay. in the fukushima nuclear disaster and risking the lives of thousands of people and that's just part of this of the story told in our daily take tonight . in the best of the rest of the news polls just closed it was constant putting an end of the largest recall election this nation has ever seen and perhaps putting an end to a number of republican state senators political careers and a six republican state senators faced recall for supp

newspaper suggests the investment might be the last long before twitter lists on wall street's theistic lobel also owns almost eight percent of facebook. russian mobile phone retailers as noisy as celeste on the london stock exchange and twenty twelve the company's c.e.o. has estimated its value between one point six and two point eight billion dollars and says up to forty percent of shares will be sold meanwhile says no one has reported the twenty six percent growth profit for the first half. and that's all business news for now for more stores you can always check out our websites r t that call slash business in the meantime sits in for the headlines with for e.

bugg lobel indices are fluctuates humanoids level from u t x capital group says russian markets are likely to be the first to see an upswing. russia has had a fantastic run look at the my sense is that it had a great run over the last few weeks or so you slowly start to come off but it's coming off on the highs and with the increased amount of exposure to us that i would exit with a high amount of exposure to the oil and gas markets i feel that there is near downside for for russian equities to be had but when the recovery comes it will come at some point then the russian market does seem very well positioned to benefit quite significantly from its kind of attacks and i think the headlines with things stay with us for. it used to be an ideal place for a holiday doesn't change the moment. the wounds of war are still visible. the republic is not only relieved but also shaping the future. hungry for the fall so we've got it from. the biggest issues get a human voice face to face with the news makers.