russia's innovation hubs skolkovo is welcoming its first residence was nov its management picked fifteen projects out of more than fifteen hundred applicants giving them free offices and one hundred fifty thousand dollars a start up capital school couples had victual decks of burgled lines the plans for this year. we're going to call it came as a surprise but skolkovo managed to attract over one hundred fifty million dollars of private investment last year this year we'd like to double that figure for a large corporation it's not a lot but to get it for high tech and research orientated small and medium sized businesses it's very impressive. and it's time now to check out the markets oil first and its losing value traders a cautious ahead of the european union summit in brussels late on monday tensions in iran are also weighing on the price the country's deputy oil minister has said crude prices could reach one hundred fifty dollars a barrel if the e.u. embargo bronze exports comes into force in july this hour that hundred ninety nine dollars a barrel brant is up one hundred eleven. and

as innovation hubs skolkovo is welcoming its first residents. paid fifteen projects out of all and fifteen hundred applicants giving them free offices one hundred fifty thousand dollars in stalls up tapazole skulk was head victim of excel bug outlines the plan for the ship. to push forward with no school it came as a surprise but skolkovo managed to attract over one hundred fifty million dollars of private investment last year this year we'd like to double the figures for a large corporation it's not a lot but to get into high tech and research orientated small and medium sized businesses it's very impressive. the stuff you do mr. imus in the business and i'll be back in about fifty five minutes i'm going to get those market photos up thankful for five minutes. a soulless substance. cannot touch like a well trained army. villages in ruins. for thailand where time stands still. all becomes a sea of nothingness. the mysterious sons of russia. are to. download the official auntie application to i phone or i pod touch from the top story. which all t

the fukushima we're going to get it came as a surprise but skolkovo managed to attract over one hundred fifty million dollars of private investment last year this year we'd like to double the figures for a large corporation it's not a lot but to get it for high tech research orientated small and medium sized businesses it's very impressive. and let's now take a look at the markets oil first and it's a losing value traders a cautious ahead of the european union summit in brussels late on monday it looks like investors viewed the situation in the middle east as not as much of a factor as the fiscal pact the e.u. leaders are expected to sign this hour this will be around ninety nine dollars a barrel brant is a one hundred and eleven dollars and now on to equities asian shares and weaker with investors also in the wait for the news from europe germany is pushing to introduce the e.u. oversight of three the greek budget but the country's finance minister says the move is unnecessary and hong kong the stocks are also under pressure as the expected policies easing. banks are losing ground this

we're going to call it came as a surprise but skolkovo managed to attract over one hundred fifty million dollars of private investment last year this year we'd like to double that figure for a large corporation it's not a lot but to get it for high tech and research orientated small and medium sized businesses it's very impressive. and let's now take a look at the markets oil first and it's losing value traders a cautious ahead of the european summit in brussels late on monday even tensions with iran fail to support they were price iran's deputy oil minister said the crude could reach one hundred fifty dollars a barrel if the e.u. embargo of the country's exports comes a divorce in july the sour there under ninety nine dollars a barrel brand has slipped under one hundred eleven dollars. and now on to equities asia started the week with losses from many in mainland china on monday's the first day back after the lunar new year holiday and musters are disappointed with continued tight monetary and fiscal policy in china in tokyo exporters are suffering from a stronger yes to autos down almo

so it's crucial that the russian government policies and the context for example of projects like skolkovo are very interested in those projects are to potentially anchor multinational corporations research and development centers in russia proper itself doesn't give them there are younger russian people who work in that sector and in those areas and moreover the opportunities in terms of the growth and career wise and growth experience wise and skills wise and that is very very much important because russia currently has a comparative personal income tax rates which is a very significant incentive for people with high quality cute human capital to be there and to stay in the russia but unfortunately doesn't offer the same quality or promotional opportunities for the. it was a pretty eighty's and also business finishing up a few inches so we parent those two areas redo the corporate side the multinational corporations and domestic business creation in these areas would be very much crucial to anchor in the balance and thereby benefiting from this growth as well because it turns out about a