hello and a very well welcome to the business news or disputes between russia and belarus have reared their head again with the russian oil producers halting deliver us while pricing negotiations drag on the companies want to raise the price of oil off to minsk said it would be hiking transit in the verse to europe well for more on this i'm joined live by our to you but the only one who is that the headquarters of luke or the moscow how do you not bash the dispute between russia and belarus appears to be settled last year what has gone wrong. well actually you know well and most go have failed to reach an agreement a new oil price agreement and that resulted in a hold on russian oil sales to bella russo starting from the first of january now russian oil companies are demanding to increase the price for ballot to increase the price of russian oil for bellerose to forty five dollars per ton something that doesn't suit millions but the move comes after minutes announced a. rise in the on russian oil transit to europe and that's about forty million actually i've got to say that a twelve a

most of it to europe at a high price in response russia introduced export duties and that almost brought the countries to an oil war only after belarus ratified the agreements on the single economic space russia agreed on a duty free oil delivery this will eventually benefit all of the union members and provide the springboard for the next stage of integration not only a couple of business r.t. . one of the most significant portion and acquisition deals in russia in twenty ten was retail giant x five purchasing through wal-mart target supermarket chain of pekin effectively pushing for us for taylor after russian market in style for metropol told r t how this will help to boost a month for stocks in the retail sector in twenty eleven x. five just acquired the compared to retail chain which is just called the retail chain and that gave x five much more clout it's far is a is a very well established retailer while the market leaders and the segment operates and is slightly above the economist segment where we're coming out of the crisis and early in post crisis environment i think there are mid-level retailers are going to do really wel

most of it to europe at a high price in response russia introduced export duties and that almost brought the countries to an oil war only after belarus ratified the agreements on the single economic space russia agreed on a duty free oil delivery this will eventually benefit all the union members and provide the springboard for the next stage of integration the political over business r.t. . now let's take a look at the markets in russia the markets are close to the tenth of january for the russian new year holiday break but let's take a quick look at some european stocks trading today thirty has surged over two and a quarter percent on its first day of trading after being closed yesterday for a bank holiday that's led by b.p. we're. over five and a half percent its highest gain since july on reports that show is still interested in a merger and in frankfurt the dax is rising just over a quarter percent bucking the trend the seaman's down point six four percent despite news that it plans to invest three hundred million dollars in their factory in turkey over the next five years. meanwhile asian markets closed up on the day on tuesday

yes that's right and russia and belarus may be facing a new world dispute will have one that just a second well basically we can have that more and more and that now russia red heads again with russian oil producers halted deliveries well prices go see actions drag on the companies want to raise the price of oil after men said it would be hiking transit tires for world in the breeze to europe is not only have about the details. gershon oil producers are insisting on a price rise by forty five dollars per tonne of timmins and also a twelve percent tariff rise on russian oil transits to europe russia annually delivers about twenty million tons of crude to ballerinas at a preferential price but minsk refined exports most of it to europe at a higher price in response last year russia imposed on its soil however last december of two mins gratified the agreement on the creation of the single economic space of russia belarus and kazakhstan moscow finally agreed on duty free oil deliveries for bella ruse on condition that minsk would return all the duties it received from reselling the russian oil

most of it to europe at a high price in response russia introduced export duties and that almost brought the countries to an oil war only after belarus ratified the agreement on the single economic space russia agreed on a duty free oil delivery this will eventually benefit all of the union members and provide the springboard for the next stage of integration the political over business r.t. . and and russia the markets close till the eleventh of january for the question you hear holiday break but let's take a quick look at some asian stocks trading on tuesday japanese shares feat a seven month high on tokyo's first trading session of the new year the nikkei jumped by more than one and a half percent but by resource companies as oil and commodity prices rose on the strong economic growth outlook this year. one of the most significant margin and acquisition deals in russia in twenty ten was retail giant x five purchase and their walmart target supermarket chain to pick up that's really pushing the u.s. retailer out of russia mark rubenstein from metropole told r.t. how this will help to boost demand for stocks in the retail sector twe

russia belarus and kazakstan are speeding up the next phase of their customs union the single economic space with a free trade area and a common external policy the trilateral union was launched at the beginning of twenty ten just simplify the movement of goods and capital between its members stupid. we are creating the terms for fair competition for all the member countries to help the producers be competitive on the external markets the simple economics piece of unified regulation rules and single economic policy russia belarus and kazakstan with a combined population of one hundred seventy million account for more than eighty percent of the former soviet union's economic output the combined g.d.p. is worth two trillion dollars annually according to the prime minister of kazakhstan together the three countries may gain a prominent position on the global market i think that gives the possibility to set up a new. members of caste a new group in kazakhstan and what it is through the internet from the. rest of the first year of the customs union has revealed some teething problems that a

the new conflict may arise between russia and belarus absolutely right maybe not as heated as the football match but still russian oil producers are already halting deliveries to belarus while pricing negotiations are dragging on the companies want to raise the price of oil off to minsk said it would be hiking transit terrace for oil deliveries to europe r.t. is not thought of as anything else. gershon oil producers are insisting on a price rise by forty five dollars per tonne of timmins announced a twelve percent tariff rise on russian oil transits to europe russia annually delivers about twenty million tons of crude to ballerinas at a preferential price but minsk refined exports most of it to europe at a higher price in response last year russia imposed export duties on its oil however last december of two men's gratified the agreement on the creation of the single economic space of russia belarus and kazakhstan moscow finally agreed on duty free oil deliveries for bella roost on condition that minsk would return all the duties it received from reselling the russian oil at least one anal

of the single economic space between russia and belarus that studio to start in twenty eleven russia agreed to scrap export duties and russian crude for ballerinas under conditions that. a return to all the duties it received from reselling russian crude to europe now i also have to say that according to. refineries according to the about the russian companies us so far they have not all supply to last till the end of the small months and of course i have to say that so far transits to you are flows to europe to germany and poland via ballerinas have been unaffected. correspond with natalee her whole thank you very much for this and to its. oil prices have risen to around ninety dollars a barrel the highest for more than two years and they can see me or them gas analyst from rural c. says a third of the shop price hike could happen in the coming weeks but it's likely to be a short lived. there's a chance. through the road by continue and. when we see a short term. spike to one hundred dollars per barrel. going to be much weeks. i just don't see. that this is playing well in the short

it's taken quite a while but it seems that russia and belarus have come to terms over the recent oil ispute that's come between the two nations a proposal has been put forward is accepted there's been no oil sent from russia to bellary since the first of january now it seems that we will see the resumption of oil transport from russia into belarus following the meeting between the prime ministers now this had threatened to affect the production of diesel oil in belarus that could be shipped into europe. to the fact that belarus wasn't receiving the oil that it was supposed to get from russia because it refused the initial deal that the big oil russian oil companies put forward no to the prime minister vladimir putin and his fellow russian counterpart seem to have come to a deal in which russia will give a subsidy of four point one billion dollars to bellary to ensure that crittur of oil and the distribution of oil can continue between the three nations used. and there are of course questions regarding the details but we have reconfirmed opposition and we will get this approved to soon

suffered from losing income from exporting oil products from bellew's the negotiations between russia and belarus are underway and in the meantime the russian oil transits to the european customers remain unaffected. deposit interest rates are continuing to decline in russia as people add to their bank savings the interest rates are among the country's top ten lenders now eight point two five percent on average bank deposits grew to more than two hundred ninety billion dollars last year russia's ten largest lenders hold seventy percent of all deposits take a look at the markets now european stock markets are high after portugal succeeded in getting a keenly awaited dead away and as u.s. futures were looking for the route the whole day of course and trading there in the black to shares and a.g.'s are among the strongest performers there rising two point two percent of the airbus announced an order for one hundred eighteen new jets from indian budgetary indigo h.s.b.c. continues its winning streak taken from tuesday and shares are up three point four percent now after analyst said citigroup lifted

suffered from losing income from exporting oil products from billers the negotiations between russia and belarus are underway and in the meantime the russian oil transits to the european customers remain unaffected. deposit interest rates are continuing to decline in russia as people are adding to their bank savings the interest rates among the country's top ten landis is now eight point two five percent on average bank deposits grew to more than two hundred ninety billion dollars last year russia's ten largest lenders hold seventy percent of all deposits. going to markets now europe is closed markets are high after portugal succeeded in getting a keenly a way to get away the main news of the day and of course u.s. markets were trading for the release h.s.b.c. continued its winning street taken from tuesday it shares are up three point eight percent at the close up and the sensitive group lifted the recommendation to buy from. in the u.s. stocks are following suit equity is high over a positive reaction to a closely watched portugal's that auction and strong import price of the dow he's gaining

suffered from losing income from exporting oil products from bellew's the negotiations between russia and belarus are underway and in the meantime the russian oil transits to the european customers remain unaffected. deposes interest rates are continuing to decline in russia as people are adding to their bank savings the interest rate among the country's top ten lenders is now eight point two five percent on average bank deposits grew to more than two hundred ninety billion dollars last year russia's ten largest lenders hold seventeen percent of all deposits by. similar markets now u.s. stocks are stronger after the fed data show that the u.s. economy was stronger in terms of production when she was spending and employment in the other twenty now this is meeting investors to hope for a stronger economy this year financials are among the top performers with j.p. morgan chase and bank of america advancing two and a half and one point six percent respectively european stock markets closed higher after portugal succeeded in getting a key in the awaited debt auction away h.s.b.c. continues its a winni

most of it to europe at a high price in response russia introduced export duties and that almost brought the countries to an oil war only after belarus ratified the agreement on the single economic space russia agreed on a duty free oil delivery this will eventually benefit all the union members and provide the springboard for the next stage of integration not only a couple of our business r.t. . now let's take a look at the markets in russia the markets are closed to the tenth of january for the russian new year holiday break but let's take a quick walk etc here stocks trading today thirty has surged over two percent on its first day of trading it's led by b.p. which is up over five and a half percent its highest. since july on reports that shell is still interested in a merger and in frankfurt the dax is trading marginally in the black box and the trend is siemens down just under one percent despite news that it plans to invest three hundred million dollars in their factory in turkey over the next five years. and the ruble has hit a two and a half month high last december and continues to grow analysts predict further strengthening

hello welcome to our business program russia and belarus are looking to resolve a rout of oil prices which led to moscow halting supply to its neighbor on the first of january rushing off incest bello's must pay more due to rising global prices and an internet traffic transit track tariff increase by means prime minister vladimir putin has met with his balancing counterpart me. to try and ironed out the conflict our correspondent peter oliver joins us live meeting. hello there peter so it seems once again all prices are in dispute between two neighboring countries has there been any headway in resolving this conflict. well it's taking quite a while but it seems that they finally hammad out some sort of deal between russia and belarus over the recent oil dispute prime minister vladimir putin's been in talks with this better russian counterpart the few hours this afternoon we were expecting to hear from him a while ago but we've just heard that they've come to an agreement they would see russia subsidizes full point one billion dollars worth of oil still below right now they had the oi

to the fact that belarus wasn't receiving the oil that it was supposed to get from russia because it refused the initial deal that the big oil russian oil companies put forward now for the prime minister vladimir putin and his brother russian counterpart seem to have come to a deal in which russia will give a subsidy of four point one billion dollars to bellary to ensure that crittur of oil and the distribution of oil can continue between the three nations used. there are of course questions regarding the details but we have reconfirmed our position and we will get this approved to soon as possible to be a low risk economy will receive a subsidy of no less than a full billion one hundred twenty four million dollars in return for cheap russian oil deliveries. analysts look at the market starting with the u.s. now american stocks are trading down for a second day ask concerned that. interest rates will rise in china weighed on commodity producers overshadowing a bigger than expected drop in jobless claims the dow is down close to a third of a percent and the nasdaq has lost less than o

russia's. from belarus but. as they were beaten in the women's doubles final just don't go on flavia pennetta. women's pair of the game struggled early on as they dropped the first sense however the argentina in its highly and joe hit back so much points along the way. they proved to be too strong the carolyn. was a breeze through the third st taking it six one the seal victory to start its law let's. start with tennis lee is preparing for the biggest months of her career on saturday when she takes on kim clijsters in. final of the australian open they got there after a stunning comeback victory to beat world number one around does not ski in the process become the first ever chinese player to prance around final in or twice is one of the australian open back in two thousand and four but an easier time of things i should be cautious because one of the all that straight sets and says this could be her final straight open wants to go out on a high and i. think this is probably going to be my last full season on th

story now russia and belarus are looking to resolve a rout over oil prices which led to moscow holding supplies to its neighbor on the first of january now russia or france and sister bella rules must pay more due to rising global prices and an imminent transit tariff increase by minsky prime minister is important has met with his bill a russian counterpart. to try and iron out the conflict our correspondent peter all of a joins us now live with more from that meeting and of peace so. has there been any headway in resolving this conflict. stands at the moment both protest of let me a prudent under his brother russian counterpart the poor just still. thrashing this one out now we still have been talking for a few hours now we still yet to hear anything of any development still to come from these discussions between moscow and minsk well the reason this is all come about is because oil supplies to belushi was stopped from for russia to be on the first of january. after russian oil companies the main russian oil place you look at your russian if you look they said they wanted forty five d

and russia and belarus reach an agreement over all prizes to moscow hold and supplies to its neighbor on the first of january details. of wealth around the clock this is out economic relations between kabul and the war against drugs top talks between his afghan counterpart had karzai is on his first official visit to the russian capital. has more on the upcoming meeting for. even though this is the first official visit over an afghan president to russia in over thirty years president putin and progress i met three times back in two thousand and ten. boost trade up to two hundred and thirty million u.s. dollars during that year so hopefully the corporation will continue and increased russia is investing in reconstruction infrastructure projects in afghanistan especially those built by soviet specialist a years ago and that's kind of involvement in afghanistan is very much welcomed by its authorities. should russia and. the need for. its. capacity but also by trade investment by. military cooperation will be discussed it is russian the united states have agreed for the u.s. cargo to tra

russia supports belarus, and russia and congratulated them on their rigged election last month. iran tries to undermine other countries in the region and threatens the one democracy, is real. -- israel. these countries and regimes rely on each other. they consult with each other. they actually you night and come together much more effectively, unfortunately, then democracies have in recent years. host: what does that mean for the recent treaty we signed with russia? we have relations with these countries in question. guest: the united states has the obligation to stand for human rights around the world whether it is with china, russia, or any other country. the united states has interests in economic energy areas with countries, but the democracy interests should not be shortchanged. it is like a three-legged stool. democracy and human rights should not be the shortest leg of that stool. according to the washington post, president obama is planning to raise a number of human rights issues with china. secretary clinton delivered a speech yesterday, in which human rights was menti

hello and a very warm welcome well disputes between russia and belarus have reared their head again with russian oil producers halting to various wild price drag on the companies want to raise the price of oil off to minsk said it would be hiking transit turns for oil delivers to europe arches not that it has the details mosco and may have failed to reach a new oil price agreement that resulted in a halt and russian oil sales. are demanding to increase the oil price for forty five dollars per tonne that comes to men announced a twelve percent tariff rise on a russian oil transits to europe now russia exports about twenty million tons of crude to balad rose annually but the refined said we exports most of it to europe at much higher price that resulted in russia introducing expo duties on its own for the worse last year and that only on condition that we would return. you see we selling the russian oil to you a bit ago she between the big russia on now on the way. good companies are saying that so far they have enough oil in the last. month. to look at the stock markets european stocks an

very well welcome to the business news disputes between russia and belarus have read the head again with russian oil producers hold to deliver its wild pricing to go change drug companies want to raise the price of oil off to minsk said it would be hiking transit tariffs for oil delivers to europe are just not going to whoever has the details must go and have failed to reach a new oil price agreement and that resulted in a halt in russian oil sales tool balor reduce oil companies are demanding to increase the oil price for ballerinas by forty five dollars per ton that comes to men's announced a twelve percent tariff rise on a russian oil transits to euro now russia exports about twenty million tons of crude to balad rose annually but minsk refined than we exports most of it to europe at much higher prize that resulted in russia contributing full duties on its goals for the roof last year and they believe that the only issue that would turn to you if you feed them telling the russian oil to you a bit ago shh-h. and between the with russia and the dollar rules are now underway and the russ

. >> belarus is between russia and europe and always will be. >> we are probably closer to europe. we have a border with it. >> but for the time being, 8 seems their leader is pulling them in a different direction. >> here in britain there has been widespread criticism of the massive cuts to bbc world service radio. 650 jobs will go. so will also find language services. opposition politicians are saying it will undermine britain's reputation. the bbc says it is responding to cuts in government funding. >> it started as the bbc service. it has helped people abroad and now is facing the biggest cuts in history. >> it is a sad day for some people who are losing their jobs. however the world service is such an important thing for britain and our audience is that we are determined to make sure it is supported. >> today's broadcast in in 32 languages, but a big reduction is forcing big changes. the cuts include the closure of five language services completely. a further seven including russia -- the bbc claims 30 million listeners will be lost thanks to those changes and the closure of m

. >> belarus is between russia and europe and always will be. >> we are probably closer to europe, we have a border with them. we are neighbors. >> it seems that their leader is pulling them in a different direction. >> let's take you back. the celebrated author of the catcher and the rhine cultivated a reputation -- a reputation for being publicity-shy. when he died last year, he had not been interviewed for 30 years or published any works since 1965. a series of letters to a british friend offered a different picture. >> they say that reputations are hard-won and easily lost. this is meant as a warning against complacency. not so for j.d. salinger fans who welcome a fresh look at his character. he became very famous for the publication of this book "the catcher in the rye." he hated the attention. how has no fury like a media shunned. they responded by portraying him as a reclusive widow which is a bit unfair. -- a reclusive weirdo which is a bit unfair. his letters to his friend reveal a warm and open man. he would go on coach tours and he would go to the theater. salinger's letter

russia supports belarus, and russia and congratulated them on their rigged election last month. iran tries to undermine other countries in the region and threatens the one democracy, is real. -- israel. these countries and regimes rely on each other. they consult with each other. they actually you night and come together much more effectively, unfortunately, then democracies have in recent years. host: what does that mean for the recent treaty we signed with russia? we have relations with these countries in question. guest: the united states has the obligation to stand for human rights around the world whether it is with china, russia, or any other country. the united states has interests in economic energy areas with countries, but the democracy interests should not be shortchanged. it is like a three-legged stool. democracy and human rights should not be the shortest leg of that stool. according to the washington post, president obama is planning to raise a number of human rights issues with china. secretary clinton delivered a speech yesterday, in which human rights was menti

russia could be doing more should it be doing more in this. it could be doing more but i don't see any incentives why mosco would decide. to exercise political pressure on belarus for what east day have successfully concluded an agreement on the oil export prices and tariffs so at the moment the relations look fine and russia is more interested in integrating belarus into a customs union with kazakhstan so it has more pragmatic rather than pushing valorous to open up to democratic institutions for the gov the last dictator of europe. and he's accusing the european countries of plotting to get rid of him to do you think there's any truth in that. well the truth is and probably truth is that if directions where fair because dave belorussian opposition has been suppressed for so long it's quite likely that look would have been elected probably with a lesser number of votes but could have been elected as a president and that probably gives him the stance that he's actually president and when do european union openly says that they are going to fund students and. media outlets for a position then he's actually using days for his own advantage cheese thriving on thes

russia. and her partner from belarus. as they will be sent in the women's doubles final by is over don't go on flavia pennetta welcome to nasa. awards best wins param again struggled early on as a drop of science however the argentine and italian hit back say the match points on the way to send the time to the side and they proved to be too strong for carolyn. has been a breeze taking it six one still victory just over. the tennis but moved to moscow now where russia's recently retired two time grand slam finals and the limbic champion yelena dementieva is picking up the rocket again this time for charity all in an effort to introduce all phones to the game she was joined by serious car club mates eagle commutes in. ski and. former stalls paired up after two cents champion demeaned and double specialist he managed to win the last time break but the outcome of the mind wasn't aborts and lead to discovering a new and rewarding way of continuing to play their favorite game. today it was such a great experience to have all th

russia supports belarus, and russia and congratulated them on their rigged election last month. iran tries to undermine other countries in the region and threatens the one democracy, is real. -- israel. ese countries and regimes rely on each other. they consult with each other. they actually you night and come together much more effectively, unfortunately, then democracies have in recent years. host: what does that mean for the recent treaty we signed with russia? we have relations with these countries in question. guest: the united states has the obligation to stand for human rights around the world whether it is with china, russia, or any other country. the united states has interests in economic energy areas with countries, but the democracy interests should not be shortchanged. it is like a three-legged stool. democracy and human rights should not be the shortest leg of that stool. according to the washington post, president obam is planning to raise a number of human rights issues with china. secretary clinton delivered a speech yesterday, in which human rights was mentione

belarus. we we do not russia does not according to russian protocol we did not invite say anyone to the inauguration of the president or. any foreigners as for the. the incidents surrounding the election we. have closely followed. the destiny of our citizens. most of our citizens have been released two of them. have been charged now and well our diplomats are in contact with them. for. more a broader approach i think yesterday in the. council of europe has. agreed to a. consensus resolution and it also reflects supposition and he can read what he says. as for victor boot. no one has mentioned no one has discussed any plans to swap is to bid for anyone else i would not comment the process we have commented just on the way it is in our russian citizen has been. brought from one country to the us. in violation in defiance of the norms which exist in international law in thought i. and there's been an incident. with his. spouse he had a visa and activism she was held up in the airport in a separate facilities she was interrogated. and we. harsh measures we used unacceptable measures used during the ques

from russia does does that mean that that moscow moscow political class is happy by the way the situation is developing in bill the rules that there couple of russians are still under custody in belarus if you are why aren't russia supplying gas to go the wrist ways and russia supply oil despite of the existing contracts. well number one i would like to keep separated the issues of gas and oil on the one hand and the issue of the political situation and the other russia is not connected this is not connected definitely and the problem is deliver us right now are dependent on certain disagreements on the existing contracts and these contracts are made by the private. companies on the russian side at least so it has nothing to do with the state ball is still russia number two number two you know we are not hip the world what is going on the inability russian but we understand that whatsoever goes on there the president of the russia mr lucas schenker e's the elected president of bill russia and the outcome of this election could have been more transparent it could have been more democratic and by that. accepted in the better manner by but by the outer world russia included it has not h