right we know that mr putin is a strong negotiator but he is also man of compromises that. there are some shifts in your favor and ukraine should also make some concession that he promised anything some concessions that you are ready to make to get the right. he could be concessions we said that there should be a fair approach to determining if the prize so for russian gas supplies. considering that we're of the biggest wire of that gas no other country would purchase as much as we do there's this of this means that we should enjoy wholesale discounts based on the amounts we want. more than that we not only buy gas but also story in our storage facilities and this requires a lot of work gas is accumulated in summer time and then is consumed in winter in this way uninterrupted deliveries to european countries are secured let me stress once again we didn't speak of concessions on either side we discussed a universal math that to calculate the gas price and we said both sides should be happy with this formula but both sides should be happy with a contract you can't have a cont

from mr. putinas -- prime minister putin was opposing steps by the united states and president medvedev was supporting them. this may be the reason why, for example, the current reaction is more one-sided. but a more relevant reason is that russia's concern with the axe of the united states and nato broadley. it wants to show its own influence. russia can maintain as much of its own position as it wishes to do. russia has a veto power in the security council. this current action by the u.n. will eventually lead to some sort of resolution similar to libya. russia can be to this new resolution. russia has quite a bit of leverage in this circumstance. >> while the united nations' nuclear watchdog have decided to refer syria to the council, the international atomic agency debated to review syria on claims of an unreported near of their reactor. the structure, which syria has maintained is not a military site, was destroyed by israel in 2007. hillary clinton, the u.s. secretary state, says the libyan gov

guest in the studio today is i lack of you get there from a russian there really finance minister mr putin we started talking about the russian currency world with a dream of the russian politicians has been has been the ruble becoming a world reserve currency will this happen in our lifetime do you think any time soon can we expect that to happen or not yet i think of the ruble has a very good chance this could be one of the currency which could be a subject of reserve currency in the first even future yeah the future why it's not getting today first of all because you ruble is the subject of control by the central bank and the level for war change it depends on center when the policy intentions in this case just quite small investors or banks are ready to consider a currency reserve currency because they don't understand the rules if currency is flexible than those the market rules in this case private entities banks are ready to consider this currency market currency and operate as a business currency is the reserve currency. and central banks also. and first let's say unless it's a nec

how mr putin thank you very much for coming a little shell miss if you can there was a time when the when the economic forum in st petersburg was was overshadowed by by the london economic front everyone is talking about the to take it taking place simultaneously now the russians are no longer envious and. the london eye gathering why is it a sign of. maturity or does this reflect the rising interest are far enough for a. businesses and the politicians to the events in russia to the gate to to russian market our russian economic forum in london has started for for mostly discussion of russian shoes. some put there before which actually force. some point of view is. pretty new new form which is a london form as a predecessor. looks like global because most of the main agenda of some pretty well form is a global agenda and a lot of discussion was the water and we'll be doing water this time to. global issues of course russian issue also will be presented and russian president is going to keep a speech to but anyway i believe that the most part of his speech will be about the global pro

their russia actually their statements off their bridges in their view and their prime minister mr putin to us but very powerful message to this series seem that russia has no special interest in syria rather than they condemning actually the violence done by by and by the syrian government otherwise the guarding the army which which it's important that the syrian army as i told you before it's a professional one it's and this is why when when when when russia and turkey use its leverage to and carry the army the syrian army is made by their people every seat and has to see of the army in two years i see of the army and our. my brothers and others serve in the army two years and this is why they see it an army made by their be bored just to mention wanted to many of them it international there are actually this all does he actually has you know from daraa is born and raised in daraa and the syrian are at the scene now and we need or should send him actually to serve in house there and they give him in a suction stop in the fire on the protesters and the people in hatteras there started c

said it's too early to say if he will stand for reelection next year but made it clear that he and mr putin will not run against each other. joins us live from moscow for moral it's really looks as there are still waiting for that big question to be answered that. indeed well it is a question that has most recently been most frequently put to the russian president whether in fact will run for a second term in office but russian president john. keep the suspense out for a little longer. because you don't feel the new leader especially one who occupies the president's seat has to be willing to run for reelection however it's not a question of whether he would make that decision for himself i suggest waiting a bit longer and keeping the intrigue. well for a while everyone does wait for him to answer that specific question russian president wants come forth coming with a lot of answers to many different questions including one where he said he will not be running with the democrats in office. it's hard for me to imagine driving we are putin and i both running for president of the same time for

said it's too early to say if he will stand for reelection next year the basic clear that he and mr putin won't run against each other party's cutting services will. recently the question russian president to be there with a bit of gets asked the most is of course the one about his potential participation in the twenty four presidential elections but keeping true to his style russian president maintain the entry but is a do or a new leader especially one who walk upon as the president's seat has to be willing to run for reelection however it's not a question of whether he would make that decision for himself i suggest waiting a bit longer than keeping the intrigue you do you think that you're involved in approaching could run for presidency at the same time because if you. it's hard for me to imagine the mere putin and i both running for president of the same time for at least one reason to think we strictly speaking represent the same political force competition between us would bring harm to the goals and tasks we've been working on for the past several years it wouldn't be good for rus

of are there actually actually the statements of the prisoners in viva and their prime minister mr putin to us but very powerful message to this eerie scene that russia has no special interest in in syria rather than they condemning actually the virus done by by and by the syrian government otherwise they guarding the army which which it's important that the syrian army as i told you before it's a professional one it's and this is why when and when it when russia and turkey use its leverage to and carry the army this syrian army is made by the people every syrian has to say of the army in two years i see of the army and our our my brothers and others seven there are only two years and this is why the syrian army made by the board just to mention one piece to many of them it international there are actually this all does he actually as you know from data is born and raised in daraa and this you know in our this you know army leadership sent him actually to serve in harris there and they give and instructions to open the fire on the protesters and the people in harris there started. chanti

to be a partner or of the west and i think it's very unfortunate what happened there was a lot of mr putin yes you know my moment and sort of moving in russia. and america and the europeans just didn't recognize that non-consumer me they didn't believe it and when they finally believe that russian law started to set in you know the moment and still will be you know but it will be very interesting i mean all the gentlemen we look at the one thousand nine hundred six presidential election i mean it was amazingly fraudulent that everybody in the west wanted to ignore all of the fraud he won he won reelection ok we don't know exactly i mean i haven't gone back on the empirical evidence myself but i mean just supporting him and not what he was trying to do the democratization of this country its economic reforms they just wanted to base everything on yeltsin hoping that he would do the right thing what do you think about that alex not a systemic change but putting it on a person. yeah well first of all leaders of states always want stability first and foremost because stability equals security

that they have to leave and you know very well what the prime minister of greece discussed with mr putin when he came to moscow now we will wait and we will see how he's going to leave or when he's going to leave what is his solution of the journalist because of those commuters from the square very informative things you have to say that thank you very much indeed for your time. thank you all. now iran says it has no plans to possess nuclear weapons it was during talks with russia at a key summit of asian countries they just wrapped up their meeting with leaders which focused on tackling the raft of economic and security issues which face them . reports from the summit. along the meeting between russian president dmitry medvedev and iran it was a closed door meeting however afterwards foreign minister sergei lavrov did come out and said that's not what i meant in the job it did confirm to president medvedev that iran is in total renouncement of plans to possess nuclear weapons now this is important because the nuclear nonproliferation has been a major topic here after the summit as well

medvedev or mr. putin, who is the prime minister.s causing capital flight in the tune of $25 billion. it's the heart of what you're saying and they know it very, very well. >> significant figures there. john defterios. keep up the good work. we'll see you for the next edition of "world business today" a little bit later on today. >>> now let's change tack and move on to the technology industry. ibm once the biggest name in the computer business turns 100 today. it may no longer be at the top of the computer industry but with the market capitalization of $197 billion, it's, of course, still a major player. it was ibm that created the personal computer, the bar code, that magnetic strip on the back of your credit card and as ibm's vice president of innovation shows us, big blue has come a long way since the time of clocks and punchcards. >> what ibm innovations has been about if you get down to it, the recording and tabulating of data and doing something with that data. it can be computing, deep analyt analytics, any of the above. even

mr violence rather recently on june the eighth if i'm not mistaken prime minister putin made the remark he said travel rules should be equal for all russian citizens but this remark caused a concern among the citizens among the russians who live in kaliningrad because there they have been discussions on a special agreement on special travel rules for the people because they live in an unpaved so so will these will these discussions. be continued despite this room. i i i cannot judge of all the remarks of course because it's made by the prime minister second i don't have the moments but the situation is that the people from kaliningrad have already a special regime which is a typical region for. cross border traffic so people that the near the border normally have a special regime because both size installations there which is fair i mean is normal is not only occasion kaliningrad in the e.u. but it's in many other parts of of our borders and in other parts of the world in fact and the question now is this regime is somehow being reconsidered to see if it has to stay as it is all it has