logan welcome to on the money with the business of russia is business today we're talking about russia's financial modernizations its prospects and challenges and to do that i'm joined by elected with a of he is deputy head of research and head of the macroeconomics research team at v t v capital and hark sunshine he is managing director portfolio investments and i have the metropole also we have you here supply of she is chief economist on russia and c.i.s. the n.p. perry par and we also turn to daniel salter he is chief eat em e.a.a. equity strategist and unicredit securities first alexei like to go to you. not long ago a think tank in london came out with a following the london based zed yen think tank which produces my annual rankings of global financial centers based on their competitiveness ranked russia moscow sixty eight out of seventy five i was in some temper of last year they said nothing has changed to today sixty eight out of seventy five it's not very good but it's not very good question pres there are seven national financial centers on the world that are kind of sixty cou

russia's own north caucasus. um, but at times russia is the source of the instability, not a problem solver. >> charles, isn't also the case, though that at the time of that invasion, ah, the united states intervened politically, diplomatically and some americans said, you know, "what are we meddling in that for?" >> well that's exactly right. i think a lot of people didn't really know what the majors issues were in places like south ossetia and abkhazia. places that, that even specialists on the region sometimes have a hard time, ah, finding, finding on the map. 2008 would have been very concerning to the united states and should've been very concerning had it been simply russia deciding one day to invade one of its neighbors. that really wasn't the case. there was certainly a military intervention there, but there had been russian peace keepers on the ground since the early 1990's. those peace keepers came under fire, russia intervened. um, initially, as a way of protecting those peace keepers and protecting th

that means there will be no problem for the european football fans to come for the world cup that russia will be ousted our source in the russian northern capital is reliable the foreign minister of finland who is on a visit what makes the minister so optimistic and it is this the only good news let's ask alexander still. remembers one of russia's most devoted partners over the question of ending the visa regime between moscow and europe besides helsinki is pursuing constructive policy of dialogue with moscow over the arctic finland says it wants to build a partnership with russia similar to one it has with no way the future prospects and problems of the region have been the topic of the finnish russian partnership seminar in st petersburg. how i'm a so welcome to the show thank you very much for being with us. well first of all to me first of all mr is it is it true that you can run up to forty kilometers a day on skis that you're a keen skier and this was the reason why you proposed there in st petersburg you propose missed the children and gara of a famous russian traveller to take a

military is ganis to this is this is a big pain for russia and a big problem for nato to. especially the americans have been accused of even promoting. drug dealer ship in afghanistan he of course saw that in russian papers well you said in one of your interviews i quote nature's role in afghanistan is to support the security of afghan institutions it's a very difficult task you say for example if we destroy the poppy fields the ranks of taliban will grow because the people will lose their earnings and quote you really said that well i said of course in accounting that if this can be the consequences of you know destroying the crops which are the only life we're trying to help them intelligence for providing security we training by the way we're training counter-narcotics experts from afghanistan and actually countries in the region together russia including demolition of a body but these are serious decisions and the best place decisions of people to make them are the afghan authorities themselves so even dating this is the right way to go we will support them but it's no

it russia in italy and italy and russia and russia. and russia what was the reason to intensify the cultural ties thank you but. there is no finance oriented plan behind besides simply get to get acquainted with the spanish and italian cultures that we love and value. it turned out there waiting for us in spain and italy for all the best ballets trickle performances and dark exhibitions. and another reason is that we still have the money for it. the money is coming to an end it was a. huge funding investments in culture are not the same as in business they do not give direct returns. do so by forming culture and intellect culture and education of the two things that form. the nation's intellect the intellect and the values of every person's. culture is so important. to me information transport politics and medical care all of them can stitch of this fear in which people live . every person has their intellect continually formed in his mind. beliefs and to treat other people. and to the nearest and dearest such concepts as courage fairn

russia. find themselves in the global south of this or it is possible to go back to where i'm likely to get a result in two three years. the main east where the. mother said he said let me show and where they. are likely to continue all these efforts will improve this it and into the youth. law it is important not only of from the core and of your financial see after it is a more global problem for us ok that daniel if i can go to you i mean we hear a lot of what the russian government wants to do we hear the ministry of finance and other institutions and in other banks what they want to do but what are your investors saying they want to see happen in russia before they me move more money in there into this country because we all know there's a certain amount of dollars out there and then go to a certain number of places which can be the attraction to come to russia as opposed to another market. well i think it's the opportunity investors will come to wherever they can buy stocks where they c

i think the infrastructure has to be drastically improved here improved here in russia before russia can lay claim to more than just a regional financial center you know julie you know you're an economist i mean it from a macro scale what do you think the major barrier is because we've heard we heard even back in two thousand and eight the president didn't want to make is one of his priorities now we had to go to the financial crisis which is done reasonably well but if they really learned anything from the financial crisis are we just right in the same place we were back in two thousand and eight. i would fully agree that infrastructure is their main problem their main obstacle but at the same time i would also highlight importance of western climate in my view. a lot of made by the rational mind to improve. sentiment about foreign and westerners and to boost importance of foreign investment in jail how. is not that simple and a lot of logistical problems for foreign investors. at the same time. are russia has a reputation that it is not fully in the western friendly country in jail

up next al gore nov talks with the finnish foreign minister about why he's sore russia and the e.u. will scrap the visa regime before twenty eight spotlight is next here on our city. hello again and welcome to spotlight the interview show car seat algorithm and today my guest on the show is alexander stille. there have been some good news coming in from st petersburg over the last couple of days they say visa free travel will be introduced between russia and the e.u. before two thousand and eighteen and that means there will be no problem for the european football fans to come to the world cup that russia will be ousted our source in the russian northern capital is reliable the foreign minister of finland who is on a visit what makes the minister so optimistic and is this the only good news let's ask alexander stille. numbers one brushes news devoted counters over the question of ending the visa regime between moscow and europe besides helsinki is pursuing constructive policy of dialogue with moscow over the arctic finland says it wants to build a partnership with russia similar to

and russia nato relations obviously also russia u.k. relations if they get around to that and the situation in the middle east and afghanistan iran's nuclear program these last two will be high points because that has all those have always been areas in which russia and the u.k. and the u.s. have cooperated very well russia allows allied forces to use its transport routes in afghanistan for transporting troops and other things and russia has also led negotiations in the past on iran's nuclear ambitions which which the u.k. has always been very grateful for as they say focusing on the positives definitely but this visit is unlikely to be a particularly easy one for a lot for all the. russia has good or indeed for william hague russia has good relations with all the european countries and of course we've seen that much vaunted reset button being pressed between russia and the u.s. but we have say fall fails to push the reset button on russia u.k. relations and that's going to be something that will happen during this visit whenever you ta

take place here in russia. and coming up later in the program marshall will test force of the military are fueling the power vacuum left by most need to borrow but . when buying influence fails and by military base you take a look at how washington has spread its military might around the world. and moscow and london will be hoping to turn a page in their factious relations as russia's foreign minister visits the british capital well events over the last few years have caused diplomatic tension but with a relatively new government in london there's hope for a fresh start but reports. russian foreign minister sergey lavrov is visiting the u.k. at a difficult time for the two countries relations earlier this month the guardian correspondent causing was expelled from russia he maintains it was because of his work with wiki leaks russia maintained breached accreditation requirements now back in moscow after it was widely seen here in britain as a climb down by the russian authorities but that's just the latest affa

such here in two thousand and eight but last year saw a considerable thaw in the relations between russia and the allies. are we back on track here's the director of the nato information office in moscow robert child. russian leaders joined them to drug operation in afghanistan last year was a milestone marking a new stage of relations and trust however the parties haven't yet found common ground concerning the anti missile shield in europe their line sees it as two independent systems sharing intelligence to moscow champions the idea of six areas in europe each of them responsible for threats coming from certain directions. homeless of self thank you very much for being with us on the show thank you for inviting well first of all you repeated many times speech speaking with newsmen for one that russia and nato don't consider each other enemies these are your words that you there that you like to repeat however nato the global ambitions i mean i mean the expansions to these the anti-missile plans in europe officially are officially cited in the russian military dot train as threats to our

nato will defend nato russia will defend russia our challenge is to be interoperable. to cooperate and to become more than the sum of our parts when it comes to defending europe but here's another quote comes from hillary clinton she told participants of the munich security conference in germany where she said we seek a genuinely copulative approach in a year of the a.b.m. one that strengthens corporation with russia and increases our common security while maintaining strategic stability but can there be this kind of. genuine car peroration between two systems which are absolutely independent of each other i mean which are not interacting but there's a difference between independent and interacting they will be too independent systems that's quite clear but they will also interact according to our vision of this we have to first make them interoperable second connect the third cooperate and to put it very simply i think envision a situation in which a missile was coming towards europe which might fly through russian space towards a strike in nato territory maybe the tw

presidential candidate john mccain calling russia the soviet union at the security conference in munich and draws attention to the american politicians experts say it exposes a lack of expertise in global affairs and highlights an ignorance that american voters should not accept. and a fresh wave of anti-government rages sweeping across egypt as labor unions and state media joined the popular unrest the country's embattled regime responds with threats and an ultimatum warning to protesters of dark consequences well up next talks with the finnish foreign minister about why he's sure russia will scrap the visa regime before twenty eighteen spotlight is next year on r.t. . for the full story we've got it for. the biggest issues get a human voice face to face with the news makers. hello again and welcome to spotlight the interview show party algernon and today my guest on the show is alexander stille. there have been some good news coming in from st petersburg over the last couple of days they say visa free travel will be introduced between russia and the e.u. before two thousand and eighte

is the year of russia in italy and russia last year it was the year of france why does russia think it to be a big important. i have to say it seems to me that broad they don't pay so much attention to these things i mean do you feel like that. the french were delighted by what we brought to france this year of russia in france and france and russia we showed french yeltsin culture in all their glory across russia. or your across the whole country. the russians and the french were delighted. i don't know who logged more but i think it was beneficial for all of us only. last year it was around the year of russia and france and the euro france and russia this year you doubled it russia in italy and italy and russia and russians again and spain and russia what was the reason to intensify the cultural ties thank you but. there is no finance oriented plan behind this idea simply to get acquainted with the spanish and italian cultures that we love and value. it turned out there waiting for us in spain and italy for all the best ballets trickle performances and dark exhibitions. and another r

is pushing russia to review history. again comes as a double surprise because of the let me remind you of the. san francisco agreement of one hundred fifty who gave up all the claims for korea why on earth and in addition to that as you knew united states were our airlie in the second world war so now there's an attempt to reconsider the results of the second world war on the part of our early at least gently pushing us where. and the olympic venue in the russian city of sochi has been checked by the country's top officials in an atmosphere of sun skis and hard rock but. russia's president and prime minister paid a visit to the european ski car being held this week and the two were satisfied with the track and the soundtrack for the event featuring hard rock clash and individual a village favorite the purple her decide to sell to check out the slope that will see him pick competitions in full swing in three years time to. time not to update you on some other headlines from around the world this is the u.s. sixty of state

allies because i think if russia becomes part of the alliance well what's the point of had. the allowance well it makes it only anti chinese this is the only put up running running your business we're not the nation we're not and i mean we are anti terrorism reality you know different security challenge i'm not anti any country but well that's perhaps a slightly in my stance i remember one of the criticism mr rasmussen robeson was once asked a question to speculate precisely maybe a similar question maybe some other and he said if i knew what would be happening in his five ten years i'd be playing in a stock exchange so of course but the truth i mean speaking really seriously is that you know it's a serious issue of any country's choice of the security orientation and therefore so it would be inappropriate to speculate but the most important thing is we have the makings we have the structure which is a really joint baby it's it's our it's a common creation that we put together with russia and let's make the best use of it it's has great potential in so many areas which are i

names of russia's co-op. for example they splayed here is in memory of all the key cheery cove the first european ever to set foot in southern us. the wall is part of food because you have center in moscow been there done that is what the famous russian traveler can say about places like those who the south pole and mt everest his circumnavigated the globe several times and crossed the atlantic ocean in the same role in both the spirit of adventure is something he must have inherited from january sions of russian explorers in eighty three this vessel two questions on their first ever circumnavigation of earth the expedition was headed by a van crew's inge there who later became one of the founders of the russian geographical society which in the shaded systematic exploration of the remote parts of the country among the most famous members were nikolai mccool who mock why who lived for a one time among native tribes of southeast asia and australia studying and describing their way of life when the cooperation

reaching russia some of them will just as it seems that russia is happy speak russia's peace are on extremely high alert as they understand that international terrorist groups may now be considering brick our case there are steps that if we keep reaching russia's so yes we see it we may stop terrorist attacks very impressive down gruesome attack skating. which is not on the was the term nobody has been hurt in that attack on the security service building the f.s.b. building in the north caucasus but obviously will get more news if you get it and of course soon as you get information you are possible to us as well a contributor to thanks very much indeed for bringing us the latest there from russia's southern republican company. to libya now and colonel gadhafi forces have opened fire on the protesters in the libyan capital tripoli the last bastion of the embattled leader at least four people have reportedly been killed with the unofficial death toll of the ten days of revolt standing at over two thousand gadhafi is battling to shore up control of the west as demonstrators consolidate gains in

mentality and from russia's documents well first of all i repeat those words but they don't i don't claim copyright because there's a word used by the sacred general and frankly by all the leaders of the nato russian council lisbon and indeed that's that's written but it's also meant in a full sense not only we don't consider each other as enemies but a we striving towards strategic partnership and secondly with frankly don't really consider ourselves a problem because we do have joint problems which we need to tackle as far as the military doctrine that you mentioned well it was published it was agreed before the lisbon summit so we certainly hope that my. and none of the nato policies and certainly not later such is considered a threat because because we're not we're not afraid to russia and we we sure that that is exactly as we should see each other ok in january russia's chief of general staff for the first time he took part in a joint session of the ratio russian a took council one of the any breakthrough decisions taken at that meeting while he was the first session this year

this video for southern russia. and now let's have a brief look at some other major headlines from around the world the arabian government has all the pressure on the country's opposition just days before a proposed egypt and tunisia pro-democracy rally security forces are said to have placed a prominent anti-government clerk under house arrest and detained several other activists authorities are also reported to have blocked access to a number of reformist websites well earlier eight chief prosecutor had dismissed calls for a rally as a ploy to undermine the regime. tensions between pro-government and opposition lawmakers came to a head in venezuela as a parliament brawl erupted on national television the scuffle took place after an opposition lawmaker call for president hugo chavez's supporters quote to be silenced by partisan politics politics in the country's parliament had been growing increasingly hostile over the last few weeks well venezuelans are deeply divided over the leftist president's social policies.

well in terms of things to do and see in russia the options are as vast as the country itself however poor infrastructure means that only extreme tourism is taking off next al gore know of talk to the president of the russian geographical society about ways to improve the situation. hello again a welcome to spotlight on r.t.i. malvern off and today my guest in the studio is shy. many russians are unaware of their historical heritage and the natural treasures. addressing their russian geographical society prime minister putin said there are a lot of places in russia which can become popular tourist attractions but for infrastructure only for tourists so what can be done to improve the situation and why has the russian emergencies minister become the president of the russian geographical society here's. the russian geographical society's one of the oldest of its kind in the world established in the meet nineteenth century it set out to research the boss regions of russia today the task has been enlarged to popularizing russian culture and nature and environment protection the society is

the laws here in russia and the police say russia as well as being put on a high alert and told based on t. terror operations are now the main altar of the day that their main goal is to try and make sure that no further terror attacks can take place here in russia and in nearby stuff recall five militants have been killed in a gun battle with security service says one policeman was also reportedly killed and at least three others injured in the clash on the border between the stuff of paul region and the. republic a special operation to flush out militants is ongoing it's the latest in a series of violent incidents in the volatile caucasus region. now remember there is much more in that and other stories at r.t. dot com there's plenty for you to explore including in the news coverage and analysis and blogs and here's some of what's online right now early release valve accused of training the two thousand and five london bombers walks free from a u.s. prison but find out why he's out after less than five years. and a virtual reality for the first time astronaut sets foot on the surfac

bringing you the latest in science and technology from the realms of russia . we've got the future covered well when one deals with war for us to realize that this tremendous amounts of damage that are done not just human damage but damage the physical environment in which the battlefield takes place tremendous amounts of damage done by aerial bombs by napalm boy chemicals that whether it's a sonic boom say tractor marine mammals or it's the burning oil field syria or iraq or it's destroyed coral reefs in the pacific for landing purposes the list just goes on and on the geneva conventions of nineteen forty nine states that they are shall be taken in the war to protect the involved against widespread long term and severe damage the united states although it is accepted almost all of the provisions of protocol one has taken exception to that. welcome back to spotlight i'm older now and just to remind you that my guest today in the studio here is said again the president of the russian geographical society this means that mr say you'll see in two thousand and ten

i would underpin any joint russia u.s. nato miss out shield in europe but creating this is no easy task some republican senators in the us have proposed the pentagon deploy an anti-missile radar in georgia russia's neighbor moscow is opposed to such facilities close to its borders saying they threaten the country's security some experts doubt long term american military presence in georgia is possible but many agree and new u.s. base in central asia will most likely appear before too long. and welcome to the show thank you thank you very much for being with us and says it's a privilege having you as well first of all let's start let's start with the news from washington where four republican senators are calling on the administration to place a part of the missile defense radar in georgia rather than putting it in turkey well is this proposal acceptable because georgia is not a nato country well for the moment we're not close within nato to deciding where we're going to put radars we're at the very very beginning of the pr

cool moment the green light has been given in around six weeks russia and the united states will exchange for information on all their strategic facilities and in two months they will resume regular check ups of the nuke stocks and perhaps most importantly their reduction the pact was backed by both presidents but it still took nearly two years of hard talks and internal dispute until the treaty was ratified by both countries parliaments and even then only after the two sides had made so-called special statements or recommendations but they were non-binding and will not affect the actual implementation of the deal the original text remains untouched by there were. threats from both sides but. and now we see that it was the start treaty that started the reset process also on the table at the munich security forum was another initiative backed by moscow the building of a unified anti missile defense system which includes russia the united states and the european union all sharing the responsibility for the safety of the other according to you i would offer maintaining a balance is essential

russia's president pays a surprise visit to moscow train station discovering major security lapses following the visit he ordered the country's law enforcement agencies to probe is that it will transport systems the president to transport security under his control asa last month's terrorist at a time after the mandate of the airport which killed thirty six people. on german chancellor angela merkel faces questions over a military as tribe which killed dozens of civilians in afghanistan almost two years ago after one hundred forty two people were killed dozens of them civilians as a result of this trying time because i tried to buy time to fund it. as the headlines up next i'll do know talks with the finnish foreign minister about why his shoulder on the wall squat their visa regime before twenty eighteen spoke is up next here. hello again and welcome to spotlight the interview share car seat algorithm and today my guest on the show is alexander stille. there have been some good news coming in from st petersburg over the last couple of days they say visa free travel will be introduced betwee

also russia's president pays a surprise visit to moscow train station discovering major security lapses following the visit he orders the country to the countries in the incessant agencies to focus their attention on the transport systems the presence to transport security and things possible troll of the last months terrorist attack at most close to my dad and i at forty which killed thirty six people. and german chancellor angela merkel raises questions of the military as a tribe which killed dozens of civilians in afghanistan almost to give them up to a hundred soldiers two people were killed dozens of them civilians as a result of this trying to kill time because the hijacked by taliban men that. is the headlines up next i'll get talks with the finnish foreign minister about why he is sure russia and the you will scrub that these regime before twenty eighteen spotlight is up next here on alt. hello again and welcome to spotlight the interview share party algorithm and today my guest on the show is alexander stille. there have been some good news coming in from st petersburg over the

the competition in russia is intensifying. to be really successful american banking russia any kind of bank. or local bank has to have a good scale has to have a presence and if i'm not mistaken barclays for scale back maybe half a year ago. it's retail business outside of moscow. deutscher birth as agreed to by n.y.c. as your next four nine and a half billion dollars long awaited deal will create the world's largest owner of equities in derivatives markets frankly based boss will control sixty percent of the new corp which brings us nicely to the stock markets we start with the u.s. where of course trading is on one and one half hours still left retail sales in january grew only point three percent that's harmful and this not expected and this is bearing worries about the pace of recovery of the world's largest economy and the dow and nasdaq have been ferrying in the red the mental session long retail gloom is limiting gains on the european markets closed of course footsie slightly down the dax just a notch up however banking

working in russia i think. it's a wonderful. they sue me for clients frank said just a little but i think you're going to be the one of my life. now wrong in this well because. i buy that yet i'm taking everything. that they might my. sense of style what they do they know what they want and. they go off trail and we will work very well together. to love russian. everybody and many of the russian. they are good have i met them that. night the idea. of a man. with more move russians actually moving to the u.k. every year the ones in the calling to london grads and in fact many experts say that russians about that this is the crux of the bruising british i mean. some might be afraid the relationship is such emerging markets others take the bull by the horns and cherish the new opportunities include trucks they bring. russian playwrights and i can schools have been very popular around the world for decades and the british capital is no exception various russian pays off performed on the stage used by both russian. companies. wheneve

is not so diversified as russia. may want or potentially many i don't think that. construction of some. extra pipelines world is justified economically. because of the markets in the u.s. they are being as the fed is pretty optimistic about the economy new home construction the u.s. came in better than expected strong earnings results are boosting the market from a family dollar and abercrombie and fitch and genzyme is up around two percent this after french drugmaker sun if you haven't as a group to buy the u.s. biotechnology firm for around twenty billion dollars russia ended wednesday's session on a positive note to push time by oil prices and optimism in the u.s. and europe banking stocks were in the lead with burbank up one percent b.c.b. the biggest gain of the day up almost four percent because one of the biggest losers of the day especially says it's reconsidering its outlook for the company as the buyback of results taken on a cold could damage the seven stars up one half percent for your force it may cut st

and of the topics now it's not just information on russia that the u.s. is off to its reportedly carrying out its own investigation into wiki leaks founder julian assange still says all this information to see if it can bring espionage charges if it can and applies to sweden first extradition all this close cooperation that we've seen may mean his feet won't touch the ground you know and it's r.t. . well the assault case leaves many guessing about his fate you can also have your say about what you think awaits the renowned whistleblower in our online poll where here are the results of the voting so far as you can see from the chart half of you say that a song can escape imprisonment if he gets political refuge in russia which was no extradition agreements more than a quarter believe that due process will see found not guilty twenty percent say assad will do his time in any case and only three percent think you should collaborate with the u.s. shut down to have his criminal case closed or you can influence the voting at any time or just by logging onto our

as russia has russia offered offered back some of the islands to japan there are fifty six of them i know some of them are very small just rocks in the sea but has russia offered some of them back ration signed by soviet union and japan in fifty six by then president of. was about to share islands actually and japan at that time initially agreed but then this is agreed they had them on the mother of all and since there are no new proposals beyond the idea to economically use it jointly but japan is focused on political issues and if you go to look young our editor in chief of russia global affairs magazine thank you. it's never been easier for teenagers in russia buy booze without being asked for id it's fueling underage alcoholism with no stringent punishments many store owners tone a blind eye. to minors. i went in with hidden cameras to uncover the scale of the problem. these teenagers just may be russia's future and it's looking rather bleak . the problem is that kids start drinking around fourteen fifteen years of age regularly dependence it takes a few years to form so when the

police force is a man called under the look of war who's now a duma deputy in russia and russia's constitution prevents his extradition so all the repeated extradition requests have been made they haven't been granted and you mentioned to the guardian correspondent luke harding who was refused entry to russia recently russia says that he was trying to travel on an invalid viz that the he says that it was in connection with his work with the wiki leaks cables that said some compromising things about russia there are always these these little things that looks like this relationship is going to get better and then something else happens we've also got forty people. even here in the u.k. who are wanted by russian crime in force and they are they are men and women in russia essentially the most notable of them bodies that is old ski and chechen akhmed zakayev. again their extradition has been requested by russia and britain has refused but i think what's happening more and more now and possibly what will happen also during david cameron's coming visit to russia is that the diplomats and the politi

and russia are very good lots of precedents work in russia russian culture it's whitely celebrates attacks that are diplomatic and political level that not say it why do you think that well i think it's the task you know for the diplomats and for the political leaders you know to get the of course. to do their best to have good to political relations and as far as the russian britain liberation who i would like to say that the last year was very fruitful from that point of view there were two meetings of the. video of the president of russia and the prime . mr britain that was in canada and in seoul we expect the visit of mr rove this will be next week which is very important in the event mr hague was. in brush or you know the negotiations were very productive and we expect the visit of mr cameron this year i mean the embassy we're studying preparing this visit so the the texture of the political contacts a very important but i would like to say what is even more important that you know of course the. as you said the. the connections between the people and the russian culture is the probab

the laws in russia and the police say russia as well as being put on high alert and told based operations are now their main goal to over the day that their main goal is to try and make sure that no further terror attacks can take place here in russia. and still to come in the program martial law after test forces out of the military are filling the power vacuum left by hosni mubarak but for how long. and when buying influence fails by a military base we take a look at how washington has spread its military might about the world. now moscow and london will be hoping to turn a page in their factions relations as russia's foreign minister visits the british capital well events over the last few years have cost diplomatic tension but with a relatively new government in london there is hope for a fresh start artie's lore and reports. russian foreign minister sergey lavrov is visiting the u.k. at a difficult time for the two countries relations earlier this month the guardian correspondent lu causing was expelled from russia he maintains it was because of his work with wiki leaks russia mainta

reset button on russia u.s. relations has been pressed and appears to be working visit to the u.k. it may not be an easy one however slowly progress is being made in particular with person expressing interest in resuming cooperation with russia on security and the fight against terrorism that's expected to be officially for use during that for us . and still ahead in the program twin blasts rocked russia's caucasus killing two policemen and injuring over twenty others. suicide pull the strike killed russia so the republic of dagestan join me in a few moments for all the latest. stay with r.t. as we take an in-depth look at the wave of popular revolt sweeping across the arab world. that the u.s. is cutting its next deficit budget with president obama saying tough choices as sacrifices have to be made but there is one place the administration does not want to make major cuts its defense spending now with numerous u.s. military bases located far beyond its territory are to be found out where american taxpayers' mon

european union is the biggest market and investor in russia eighty percent of direct investment in russia comes from you opinion companies russian energy ski to keep. europe going. our industries our households are very much linked to russia and. we believe that it is in our interest to work together formalize vision and to increase deported it is for citizens boasting of russia and european union today we have discussed how we can further boost these strong common interests and how we can resolve a number of outstanding issues. we welcome the substantial progress made on the publishing formalisation our work plan for the partnership is now under implementation and giving results a successful modernization strategy to which the russian government has committed itself must address the economy pick knology and the rule of law and involved in society at large the commission will spare no effort to make the partnership a success. we also. we also discussed our partnership organization. in terms of the rule of law and human rights in a very detailed and constructive meeting together with prime

is pushing russia to review history. again comes as a double surprise because of the let me remind you that the was a was a son from sisco agreement or flying to fifty who gave up all the claims for cory lidle and and in addition to that as you knew united states were our family in the second world war so no it was an attempt to reconsider there was also the second world war on the part of our area because they gently pushing us. more and more americans are bearing the brunt of the. session but major banks profits are still on the rise one of these driving companies is j.p. morgan which cashes in on food stamps used by those struggling to survive on a daily basis in a port and i have found out how the rich benefit the back of the poor. americans are generally known for their healthy appetite some eat what they crave while others like gabrielle jemma can't use the food stamps here for me to express of only eat what is affordable is there a way to give me two dollars worth. of these you have to go look for the sixty one ye

and in russia the r.g.s. in the my. six top posting strong gains traction from the beach investor mood globally indices are gaining ground after monday's losses strongly that the correction on the markets was apparently short term. that's how you look at those stocks rising oil prices pushing energy shares higher gas from local and draw sniffed are seeing approximately the same gains edging on every one percent mining shares are also posting gains severus starlet's climbing one point three percent nickel is one point five percent high on high and nickel prices after monday's we were some of the banking sector is also higher than the market was. a point nine percent. that's what's happening to the price of oil and branch current price has retreated after hitting a two year record of one hundred dollars a barrel on monday fueled by growing instability in egypt and this link the prize draw with china's industrial course slow you to five month signaling demand may not rise asked quickly in the world's second largest world v

this year now to discuss the alcoa plan vestment inflow into russia i'm joined by killed me c.e.o. of like an equity fonthill thanks very much for coming to the program so how much for investment is russia really likely to attack this year from your point of view i think thirty billion is a very realistic target and i just came from a meeting in divorce in bric countries for very much a focus of the investment targets in russia specifically because of the address of president did of the children there are very many specific interest in investment opportunities in peru which is a show program and beyond preposition program in russia and i want when we're talking about investment opportunity what sectors are the most promising in the russian economy you think for that foreign investment well you just three examples agriculture is a very interesting sector and we'll all know what's happening to food prices in the world is increasing dramatically in russia is one of the most dominant agricultural players infrastructure is definitely a great actress while were also infrastructure invest