cooperation a collaboration between four important ministries of the government and probably with the approval of the president of the ministry of finance the ministry of justice ministry of the interior and the prime minister's office all of which came together with the plan to entrap ronnie felix and trapped in now in prison the businessman and then apparently got sucked into yet more corrupt games after going straight to jail without. king is cash folks still but his again jail free card would cost him one hundred million u.s. dollars his own one hundred million dollars fuchs was that informed through diplomatic channels that he would not be released until the arbitration award was waived sought signal does this send to anyone else who might be considering putting big money into georgia the odds of his succeeding in georgia are very very slim and point zero one percent so it's a good it's a good warning to businessmen who are thinking of investing in georgia that they should think twice and that they should be aware for now georgia may have saved itself a lot of money considering the fact last year's foreign investment scheme to four

cooperation of collaboration between four important ministries of the government and probably with the approval of the president of the ministry of finance the ministry of justice the ministry of the interior and the prime minister's office all of which came together with the two and broad issues fuchs was that informed through diplomatic channels that he would not be released until the arbitration award was waived now shortly after his business partner was over they were all for it runs and what could be called a ransom was put on the table now just that he could be released to eat here admitted guilt and if he gave the money back but rooney fox refused to do either now we know that your agenda wants the world to believe that it's on a war against corruption and. personally wants to attract foreign investment into the country so of course he has saved this one hundred million dollars obviously but the question is how much will he lose because now foreign investors will have to think twice before bringing money into this country. well the controversial case may well deter other potential investors from doing business in a country that's

cooperation a collaboration between four important ministries of the government and probably with the approval of the president of the ministry of finance the ministry of justice the ministry of the interior and the prime minister's office all of which came together with the plan to entrap brony fuchs was that informed through diplomatic channels that he would not be released until the arbitration award was waived now shortly after rhony folks and his business partner what they were all for it runs and could be called the ransom on the table now georgia said that he could be released but me it's a kilt and he gave the money back but rooney folks refused to do either now we know that juror general wants the world to believe that it's on a war against corruption and really personally wants to attract foreign investment into the country so of course he has saved one hundred million dollars obviously but the question is how much will he lose because no foreign investors will have to think twice before bringing money into this country. over our correspondent there with four years now coming up on our three. listing in engineer went missing i

cooperation a collaboration between four important ministries of the government and probably with the approval of the president of the ministry of finance the ministry of justice or the ministry of the interior and the prime minister's office all of which came together. with the plan to increase probably few fuchs was that informed through diplomatic channels that he would not be released until the oral tradition award was waived. now it's not the end of the story the lawyer all thrown he thinks also sir that ever since the convict ever sees his crime was arrested in the last year he's been under pressure from the georgian authorities that he could be released under one critical condition that he admits guilt and pays out the reward which georgia owes him. refused to do either. over following a very complicated story thank you for that update. here with our team live from moscow still ahead for you this hour. close to engineer went missing in ukraine too late to resurface in an israeli prison the struggle is gathering momentum with everything pointing to our special operations by the assad we speak regular authorities had no idea. all t

cooperation a collaboration between four important ministries of the government and probably with the approval of the president of the ministry of finance the ministry of justice the ministry of the interior and the prime minister's office all of which came together with the. british fuchs was the informed through diplomatic channels that he would not be released until the arbitration award was waived so to come on the program a craft perfected through time. with anything was done not in coming to us like oh what a great deal people here continue to make things which are being hunted biological that the world over. there is from the front seat watches to cold steel weapons across one of the you will show off their skills in the latest russian close ups of . the russian space agency has dedicated its latest new spacecraft launched the anniversary of you could garlands a legendary flight fifty years ago blasting off from kazakhstan in four days time the launch will carry two russian cosmonauts and american astronauts to the international space station. well it's a few days before the a crew of the t.m.a. twenty one it blasts off into spac

cooperation a collaboration between four important ministries of the government and probably with the approval of the president or the ministry of finance the ministry of justice or the ministry of the interior and the prime minister's office all of which came together with the player to intra brewery fugues was there and formed through diplomatic channels that he would not be released until your patrician award was waived. now shortly after his business partner was over they were all for it runs a could be called the runs that was put on the table now georgia said that he could be released but needed to killed and if he gave the money back but rooney refused to do either now we know that juror general wants the world to believe that it's on a war against corruption and. personally wants to attract foreign investment into the country so of course here seat this one hundred million dollars orvis here but the question is how much will he lose because now foreign investors will have to think twice before bringing money into this country. following the latest developments on the trial of ronnie. thanks for. can't have any of that fish solve

cooperation and collaboration between four important ministries of the government and probably with the approval of the president of the ministry of finance the ministry of justice the ministry of the interior and the prime minister's office all of which came together with the to entrap road if you fuchs was that informed through diplomatic channels that he would not be released until the arbitration award was waived. well russian space agency has dedicated its latest science space craft launch to the anniversary of your regards legendary flight fifty years ago blasting off from kazakhstan in four days time the launch will carry two russian cosmonauts and american astronaut to the international space station artie's tests are silly and that's the story. well it's a few days before the a crew of the t.m.a. twenty one it blasts off into space and as expected in a few days in the run up to the actual flight they're going through the preflight preparations and right now what you're seeing behind me is the actual capsule that will be taken suspects this is the top part of the space shuttle will where the actual crew will be staying and the cre

cooperation a collaboration between four important ministries of the government and probably with the approval of the president of the ministry of finance the ministry of justice the ministry of the interior and the prime minister's office all of which came together. with a plan to entrap. fuchs was that informed through diplomatic channels that he would not be released until the arbitration award was waived. was not the end of the story for lawyer also claims that every scenes he's arrest has been under pressure from the georgian authorities that they would release him only here needs his skills and gives up his financial claims leaves a hundred million tools i want you to understand that but times pickier it up taiwan it's was investing in it through which it was when the country was wrapped with civil war i was serving on the verge of a breakup it wasn't the nine hundred ninety he was an investor in industry and then the georgian authorities expropriated his world project well of course is that those allegations are all that was created and that bunch of bear in mind at the time when books brought money into that country it was when

of georgia's senior top officials. there was in fact a. cooperation a collaboration between four important ministries in the government and probably with the approval of the president of the ministry of finance the ministry of justice the ministry of interior and the prime minister's office all of which came together. with a plan to intro for a few few forms through diplomatic channels that he would not be released until the arbitration award was waived. and the rest was not the end of the story of the lawyer will get called it says that avaricious the two businessman were arrested they've been under pressure from the georgian government who promised to release him if he admits it gilds and if he refused that one hundred million dollars which the georgian side knows it goes the businessman that really puts refuse. well supporters told these really businessman deny the bribe really a chanel say that he brought the money to george at a time when nobody was investing. in that country and that there was no competition at all but rather a government was grateful for any hope it would get. right to be in a car show but thank you for that update. here with our team live from moscow still ahead for

the question is how the ministry of finance will. spend this money right if all the oil or windfall is going into the spending and yes it's of course it's of course inflationary but it looks like the noosphere finances planning at least to save a part in the reserve fund. and the other channel is of course boy high cost precious four or four producers all right well since inflation is going to be still a concern over the bank of russia want to do the same thing we've seen the european central bank do and that's increase rates of the central bank there over russia has increased rates already this year and we're expecting another twenty five basis point hike in april but recent data is a big concern because consumer confidence dropped in the first quarter and inflation actually stabilized or i would say mild by the central bank average but by the ministry of controls it's still inflation is stable so this can be this can prevent the central bank from tightening further ok look i'm pretty sure a senior economist if you said capital thank

we look at the companies going public is the russian government doing the right thing is the ministry of finance doing the right thing i mean what i'm saying are they creating obstacles or are they creating a better playing field for companies to go out to market because there is this perception that when we have to mention the word corruption in things like this that are still in play here are they good is the state doing the right things to help companies go to market. but i think if west thing can waltz russian economy can garment pulse in terms of can a promote a financial market developments we hear a lot of right things like very recent well written louts if a couple of years ago had a very intensive discussion about integrating global financial center in the russia there is the whole of the wooing mr improve the regulation of financial markets and there is the understanding of this improvement of regulation go hand in hand with the improvement of the legal system so i think there is a lot of rights indication and the right. indications in our sense how that in terms of implementation i th

i've not heard of any instance of the military going to the ministry of finance and saying this is the amount we need, and we need it tomorrow. in fact, very interestingly, the military has only received a share of what was intended for the military through the aid that has come in to pakistan post-9/11. it has received less than what it quote-unquote was supposed to. now, let me make one exception here to this idea of working through the law. even there i would argue they worked through the law, and it's a constitutionalized army even in that outlook, but perhaps the patience level is lowest when it comes to one question. and that is foreign policy dealing with india. there the military has extended and tried to have more influence than usual. that is not to say that the civilians still don't have the say, or it doesn't work through the civilians. but there was one exception which i think to my mind was the low point in terms of civil-military relations in pakistan, and that was the cargill episode when there was a major rupture in some ways, and the legacy still continues where the a

ministry of education representatives. we do this is to farmers with the minister of agriculture represents. we are checked upon by the mission of economy and ministry of finance. we have a technical advisory. we have deputy regional directors for manager called him doing a full-time permanent in country technical advisory positions for the quality of our natural resource management. and also a head of programming of management quality quartet who can get out and get their hands dirty making sure things are the way they're supposed to be. >> very briefly but i ask either of your ms. richard, mr. bowers, is the margin of our country here over what you do compare with the monitoring that other countries have for your work when you're getting assistance from other countries, or the world bank for example? are we better, worse or the same? >> i would just say, this is anecdotal what i hear from our country directors is that there's a lot more done for us-based the donors than there are for others. >> i don't think even within the u.s. government we can't say, or even with usaid it varies a department to department. we have an extremely mutually supportive relation

companies are on the restricted list and will have to remove top state officials by the first of july finance ministry c couldn't will have to leave the country's second largest lender of d.t.b. and duncan producer of roster the move is seen as part of the president's bid to improve corporate governance and the foreign investor. and some of the stories japan's national and u.k. disasters could put the brakes on the development of atomic energy around the world because i can see when the head of the national energy security fund says it may change russia's plans to go nuclear stations abroad. but there will be more all such serious increases of new nuclear reactors of course if you have the very serious superdome our plans. to stop speaking about construction or forward new cause phase of the vulgate in georgia here in the very strange country is the way. of this because of the already announced to build nuclear stations for example of this world and one of those rights and with now we can forget about it i think we'll be more careful these nuclear energy may be easier so that is why i was saying that

the military, interestingly, goes to the ministry of finance to get their budget approved every year and almost every time they get less than what they ask for. that is classic military that you asked much more than what you needed to get what you want, perhaps. it works to the legal mechanism. i have not heard of any instance of the military going to the minister of finance and saying, "this is the amount we need and we need it tomorrow." militaryingly, the has only received a share of what has come into pakistan post-9/11. it has received less than what it was supposed to. that we make one exception here to the idea of working through the law. even there, i would argue they go through the long and it is a constitutionalized army even in their outlook. there's one question dealing with foreign policy and india. there, the military has extended and tried to have a more influence than usual. that is not to say that civilians it do not have a say, but there was one exception which i think, to my mind, was. pent -- was the low point and that was the cartel of the soda. -- cargill episod

line industries and we work with ministry of education representatives, joint monitor visits to farmer demonstration plots. we are checked up on by the ministry of financeand economy. we have monitor and evaluation and director program quality and then we have full time permanent in-country tech nick call positions for the management work, and head programming and coordinator who get their hands dirty making things are the way they are supposed to be. >> can i ask either of youhouse does the monitoring of our country here over what you do compare with monitoring the other countryings have for your work when you're getting assistance from other countries or the world bank, for example, are we better or worse or the same? very briefly. >> i mean i would say this is what i hear from the country directers is that there's some -- there's a lot more done for u.s.-based donors than there are for others. >> even within the u.s. government we can't say or within usaid it varies department to department. we have a supportive relationship with the office of agriculture who monitors us rigorously with some of our other european donors. they may be very hands off an

of the u.s. taxpayer, and i understand these payments are made directly to the finance ministry of the islamic republic of iran? >> oppose lending to iran. we have opposed them in a long time. last loans approved were approved in 2005. >> you have not that these checks yet, but you are about to prov? 2005, that was last time the world bank approved a loan. we opposed it then, and we have worked hard to dramatically tighten the financial sanctions on iran. >> he did not have substantial success. i have written you a classified letter, and i hope you read it before you testify again on the subject. i hope you read that very carefully. >> i know that you care a lot about these issues. we'd do, and i would be happy to talk about these. the financial sanctions per graham's that my colleagues helped us design have resulted in a dramatic incredibly powerful tightening of the basic economic sanctions on the government of iran. it is very important we do that. >> before you testified again and make a statement like that, i would absolutely urge you to review the record. >> we are happy to work with you, d this

task apparently for the economics ministry and the finance ministry to curb inflation maintain it in the in the framework that you know putting on to say that some ofour present well yes and the government is also committed to push prices low with the control of petrol prices there is inflation right now a global phenomenon can actually the bank do anything to stop it. well russia has its own sources of inflation and the central bank i think is going to raise you know when they're. very very recently placement and google appreciation is also helping. to buy the global global inflation well ruble appreciation i mean it's been strengthening the past work couple of months very significantly versus the dollar especially we're going to accelerate the strengthening of the ruble again even more well i think there will be more reason for worry kept telling flow say into into the old boy and this will of course in homes will go appreciation but that's cutting into earnings of our exporters i mean couldn't as already said four hundred eight billion rubles lost on just the exchange rate. there's a exporters already complain to the prime minister but they are

cultural pride ministry of economy and finance.we have a regional technology-based or for evaluation and regional tractors for management quality and full-time permanent and country is repositions for quality of our natural resource management work and also head of programming and quality coordinator who can get out and get cans dirty, and making sure things are predisposed to be. >> can i ask you to review, how does monitoring of our country here over what you do compare with monitoring other countries have when you're getting assistance from other countries of the world and for example? for a better, worse at the same? very briefly. >> by which is saying this is really connect about what i hear from our country direct nurse is very sound -- there's a lot more done for u.s. a and for others. >> i don't think within the u.s. government we can say any more than usaid to departments. we have an extremely mutually supportive relationship with the opposite aquaculture who monitors us very rigorously with some of our european donors tha

monitoring visits to farmers' demonstration plots with ministry of agricultural representatives, we're regularly checked up on by the ministry of economy and financeave a technical adviser, deputy regional directors for management quality, and then we have full-time, permanent in-country technical advisory positions for the quality of our natural resource management work, for example. and then, also, a head of programming and management quality coordinator who can get out and get their hands dirty making sure things are the way they're supposed to be. >> very briefly, could i ask either of you or, ms. richard, how does the monitoring of our country compare with other countries when you're getting assistance from other countries or the world bank, for example? are we better, are we worse, are we the same? very briefly. >> i mean, i would just say, and this is really anecdotal what i hear from our country directors, is that there's a lot more done for u.s.-based donors than there are for others. >> i don't think we -- even within the u.s. government we can't say, or even within usaid it varies from department to department. we have an extremely mutu

of the u.s. taxpayer, and i understand these payments are made directly to the finance ministry of the islamic republic of iran? >> oppose lending to iran. we have opposed them in a long time. last loans approved were approved in 2005. >> you have not that these checks yet, but you are about to prov? 2005, that was last time the world bank approved a loan. we opposed it then, and we have worked hard to dramatically tighten the financial sanctions on iran. >> he did not have substantial success. i have written you a classified letter, and i hope you read it before you testify again on the subject. i hope you read that very carefully. >> i know that you care a lot about these issues. we'd do, and i would be happy to talk about these. the financial sanctions per graham's that my colleagues helped us design have resulted in a dramatic incredibly powerful tightening of the basic economic sanctions on the government of iran. it is very important we do that. >> before you testified again and make a statement like that, i would absolutely urge you to review the record. >> we are happy to work with you, and thi

of the u.s. taxpayer, and i understand these payments are made directly to the finance ministry of the islamic republic of iran? >> oppose lending to iran. we have opposed them in a long time. last loans approved were approved in 2005. >> you have not that these checks yet, but you are about to prov? 2005, that was last time the world bank approved a loan. we opposed it then, and we have worked hard to dramatically tighten the financial sanctions on iran. >> he did not have substantial success. i have written you a classified letter, and i hope you read it before you testify again on the subject. i hope you read that very carefully. >> i know that you care a lot about these issues. we'd do, and i would be happy to talk about these. the financial sanctions per graham's that my colleagues helped us design have resulted in a dramatic incredibly powerful tightening of the basic economic sanctions on the government of iran. it is very important we do that. >> before you testified again and make a statement like that, i would absolutely urge you to review the record. >> we are happy to work with you, and thi

its budget deficit finance minister alex because it says that deficit free budget will only be possible if the price of oil stays around one hundred twenty dollars a barrel the ministry calculates that if oil dipped to ninety three dollars a barrel russia would place a budget deficit of two to two and a half percent of g.d.p. but strategists economic structures warn against basing forecasts on high oil prices. and prices so. see eighty dollars per barrel the government will radiate be around the considerable budget deficits until the end of the cape may be due a few percent of g.d.p. and to go down the deficit the government will show through. most of the promises which were given before the elections. take a look at how the stock markets are performing asian shares a mostly higher wednesday japan's nikkei rose shopping morning trading helped by wall street's overnight gains tech and electronic stocks are in the lead cabin gained over six percent as bad news from the firm's reported profit drop was already priced into the shares now elpida memory gain two point eight percent on news that will start mass production of an ultra thin drunk chief for personal computers h