to this to the sea area which potential will be covered by south stream but the total capacity of south stream is sixty three b.c.m. and and the source we have to mind that there are blue stream pipeline that goes from russia to turkey is also like using fifty percent or all of that over all of the overall capacity so where is the reserve risk off like. having north full capacity to rights and just shortly what is the prospect for the book at this point . i would say it's true there are currently. put a full terminations over this new book her idea. i wouldn't truly say that for europe new book is completely forgotten clearly europe needs diversification of the gas that goes front from russia into the so part of europe. we might see additional a d. years maybe from the russian side or possibly inspired from from european countries the source of gas will not be only russia but say this world serves over change as an interest that the pipeline on the russian territory and is shipped via so stream pipeline to that part of europe. russia clearly needs. diversification from from ukraine dive

of not taking any steps towards realizing the nuclear project seen as a competitor to south stream the energy rich central asian state is also keen on securing its gas supplies to europe and additional routes russia's hottest summer for a century could have far reaching economic consequences russia's grain union says the poor harvest due to the drought could push up inflation by as much as two percent many of the country may overshoot its target of seven percent due to the extreme weather russia has already lost one fifth of its grain crops with nineteen farming regions announcing a state of emergency which prices have risen by almost twenty five percent in the last two weeks for the both of russia's grain union says the price hikes are being driven more by fear than fundamentals. that it all depends on psychological factors at the moment there are no fundamental reasons for the green price to rise we have enough reserves and our balance is ok but he is committed to be up to twelve billion dollars of assets as early as this month most would come from the sale in alaska and to help offs

it's good to have you with us spoke area in russia expected to saya detail of agreement on the south stream gas pipeline when discussions concluded sufi at the deal will effectively be a road map of how the two countries will move forward the next step will be to set up a joint company to study the facility at the project which would provide the details of a legally binding contract gazprom is developing cells to provide an alternative route for russian gas to europe display far as in the bench or italian energy and any and france's e.t.s. . any aspect of it to call for oil and gas as film or i'll see you and he said the progress being made by south stream was undermining the arguments in favor of the european backed now book a project. i would say there are currently are put a full termination of this new book idea. i wouldn't truly save that for europe new book is completely forgotten clearly europe needs diversification of the gas that goes from from russia into the south part of europe. we might see additional ideas or maybe from the russian side or possibly inspired from from european

from the business as well gary and russia to cya details agreement on the south stream gas pipeline project later on friday more on that in our business program and twice the minutes. a very warm welcome to you this is r.t. live from moscow i'm hours habits french police have charged three ethnic chechens with conspiring with terrorists russia says they belong to the group led by infamous militant leader stockholm are off he's responsible for a number of terrorist acts including the attack on the mosque a metro in march this year our european correspondent nor emmett details. there were four people who were originally arrested one of them has been set free with no charges so we're left with three men who are charged by the french police of conspiring with terrorists now front says that they are connected to various on named terror groups russian maintains that the link is in fact with joe cool moderate who claimed responsibility for the. bombings in march of course two bombs were set off in a peak traveling time in rush hour killing more than forty people he claimed responsibility for there

the project it would provide the details for a legally binding contract gazprom is developing south stream to provide an alternative route for russian gas to europe its main partners in the project are in italian energy giant any and france's e.d.f. and in related news kazakhstan's president nursultan nazarbayev has accused the e.u. of not taking any steps toward realising the in the bluecoat project viewed as a competitor to sell stream the energy rich central asian country is also keen on securing his gas supplies to europe and assign additional routes. the government is heading for a potential showdown with the most important industrial sector of the russian economy it wants to raise taxes for a resource extractors including oil and metals the proposals being fiercely resisted by the energy of morning companies including gal's problem for more details of joint alive by a response to the courts in the reporting from gal's farms have orders in moscow my idea so these plans have the industry up in arms what's the government actually proposing. well the government propose a new tax a tax tr

russia and bowl game have agreed on a road map for the south stream pipeline project longside the north stream this route will directly supply russian gas to the countries of the european union the plans will incorporate a newly built system and existing boat carrying pipelines expected that more than sixty billion cubic meters of gas will be pumped through the south stream the project has been seen by russia and its european partners as a guarantee of energy security in the region. and for more from the well of investment and finance to get. my. hello and welcome to business good to have you with us russia has passed a long awaited law on insider trading the new rules are intended to define illegal trading and what sort of punishment should be handed out to those who cross the line i do the question are reports. in the film wall street's by oliver stone gordon gekko makes billions by insider trading but the character that told the world greed is good gets his comeuppance the long arm of the whole finally gets his hands on the antihero and we presume strips him of his wealth and send hi

victim of a call for oil and gas i was from or i'll see you and he said the progress being made by south stream was undermining the arguments in favor of the european back now book a project. i would say there are currently. put a full terminations over this nobuko idea. i wouldn't truly save for europe the book is completely forgotten clearly europe needs diversification of the gas that kills from from russia into this part of europe. we might see additional ideas maybe from the russian side or possibly inspired from from european countries or the source of gas will north be only russia but c. is there but china is well served here bitching and interest that the pipeline on the russian territory and to ship to rise to a stream pipeline to that part of europe. russia clearly needs. diversification from from ukraine diversification from from transit flows but the problem is that european countries also need diversification and there are clearly there are constructing selves true there's no truly implied that europe will divorce a far from russian. trust in equity markets for us are highly agains

gary and russia sign a detailed agreement on the south stream gas pipeline project later on friday the deal is effectively a road map of how the two countries will move forward the next step will be set up a joint venture company to study that this ability of the project which would provide the details of a legally binding contract gas from his developing south stream to provide a long term of a route for russian gas to europe playing partners in the venture our italian energy giant any and france is. now earlier i spoke to victor mission a call for oil and gas analysts from what i'll see but he said the progress being made by solve stream was undermining the argument in favor of the european backing a book a project. i would say true currently. put a fool terminations over this newsgroup dia. i wouldn't truly save that for europe no book is completely forgotten clearly europe needs diversification of the gas that goes from from russia into this so part of europe. we might see additional aid maybe from the russian side or possibly inspired from from european countries the source of gas

of not taken any steps toward realizing the project viewed as a competitor to south stream the energy rich central asian countries also keen on securing its gas supplies to europe and as i additional routes. and find out a check of the equity markets in hong kong the hang sang is down almost one percent reaching its own lowest level in more than a week this comes after companies including bank of america and citigroup reportedly lower revenues and u.s. consumer confidence dropped in japan the nikkei is closed for a public holiday. and the russian markets are opening up this hour of the r.t.s. is already trading and it's trading down what that of one percent the my sex is soaring is trading session a few minutes we're seeing friday's closing figures there hungary's deaths are topping economic headlines prompting investors to look for safer bets like gold hence the equity markets are likely to read throughout the day strong corporate results in the united states last week were offset by poor konami data cast further doubt over the strength of the recovery under a year again the head of

said ukraine about or a small remain key transit routes even with the launch of the north and south stream projects. i'm not so from the business team for now but of course you can always find more stories on a website that's r.t. dot com slash business. thank. you. the state has provided citizens with. rights of. self-defense. like. when the government since taking. on michael. right. out of the killing and. wealthy british style. market why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines kaiser reports on r g. c. purple. is. with you live from the russian capital twenty four hours a day this is good to have you with us top stories now this hour at least twenty five people have been killed in wildfires across russia as a record breaking heat wave grips the country homes have been destroyed and fled as far as struggle to stop the flames spreading. emergency crews are scouring a river in china barrels of highly toxic chemicals which could reach two weeks thousands of the containers were swept away du

of not taking any steps towards realizing the project he does a competitor to south stream the energy rich central asian countries also keen on securing its gas supplies to europe and the additional routes. and b.p. could sell up to twelve billion dollars of assets as early as this month's most us that's from the sale with come from alaska and help offset the cost of the own going gulf oil spill the brits has been in talks with apache corp a u.s. oil and gas exploration company since the end of june and this believe that the deal could be arranged before b.p. posed its whole feeley earnings on july twenty seventh. that's all for this hour you can find more business in around fifty minutes time. culture is that so much i was about defending those i'd like to know from you given really incredible history. making our western ideas about economics trade even democracy in the balance and what model. would be so much brighter if you knew about songs from phones to pressure these. means for instance on t.v. dot com. jane that started off to. lasted for almost thirty years juli two superpower

said ukraine and belarus will remain key transit routes even with the launch of the north and south stream projects. and that's often the business team for now but of course you can always find more stories on our website that's r.t. dot com slash business. a. few months i. love it. comes loose. she. specialises in street the street the life the glass is probably the trees the street. she updates on. these guys. who would be twenty four hours a day this is auntie here in moscow top stories now this hour at least twenty five people have been killed and wildfires across russia as a record breaking heat wave grips the country homes have been destroyed and thousands of fled to struggle to stop the flames spreading. emergency crews scanning a river in china barrels of highly toxic chemicals which could reach russia in two weeks thousands of the containers were swept away during severe flooding chinese authorities say the drums of tightly sealed and don't pose any threat. to germany looks forced to scrap a system that keeps some convicts behind bars indefinitely preventive detention aims to stop

said ukraine and belarus will remain key transit routes even with the launch of the north and south stream projects. and that's all from the business team for now but of course you can always find more stories on our website that's r.t. dot com slash business. culture is that so much about the taxpayers' money and it is a shouldn't mean a lot of people at various ways to get around a good part of the world is experiencing a critically heat wave is this a trend or simply freaking weather one. wealthy british style old singer has moved on to the type of. markets why not scandals. find out what's really happening to the global economy in these kinds of reports on our. every month we give you the future we help you understand how we'll get there and what tomorrow brings the best in science and technology from across russia and around the world join us for technology update on r g. five. for. the. good to have you with us this is r.t. coming to live from the russian capital top stories now this hour at this twenty five people have been killed in wildfires across russia as a record breaking heat

of not taking any steps towards realising the project seen as a competitor to south stream the energy rich central asian states also keen on securing its gas supplies to europe and the additional routes. and b.p. could sell up to twelve billion dollars of assets as early as this month most would be from alaska and help offset the cost the cost of the gulf oil spill the british soldier has been in talks with apache corp a u.s. oil and gas exploration company since the end of june and it's believed that a deal could be arranged before b.p. posts help yearly earnings on july twenty seventh. that's the latest you can always get in touch with business that's all t.v. that's all you. hear is which are made to police children. and their health. insurance illnesses. were something. to secure themselves against. this is not a problem but the warning. they forced it and we should see scary already issued a surprise victory speech so they have no idea about the hardships that we face to . face one it is this is it is all of them to this and for any army the life of a using them is the most preci

belarus as transit system will retain very important position even with the launch of the north and south stream project. server started taking a controlling stake in calendars crew gold corp up from forty percent although it acquired a number of foreign still companies before the crisis so oversells gold's of surgery has been one of the best performers. obviously. has significantly reduced some of the cap ex plans it's a reaction to the crisis and it's very natural our business obviously was a bit quicker and interestingly enough we have contributed being a fairly small part of the business in terms of the size of the assets we could contribute it was twenty five percent of it would be done in two thousand and nine to the overall severstal of provisions so in the difficult parts of a cycle business has you know has performed as a hitch towards the adverse economic conditions i'm not sure of they for now my colleague stephanie monday we hit next hour to take you through the business the rest of the day we can always find more of our stories on our website. if. it is. your headlines. chemicals th

transit system will retain their important position even with the launch of the north stream and south stream projects. and that's all from the business team for now but i'll be back with more updates for you in an hour's time and you can always find more stories on our website that's r.t. dot com slash business. for the full story we've got it for. the biggest issues get a human voice face to face with the news makers on. the. right. from the. start on t.v. . it is half past four in the afternoon here in the russian capital you're with your headlines now forest fires are raging in russia and they're killing up to twenty one people in record breaking heat homes have been destroyed thousands of. struggling to stop the flames from spreading. emergency crews work around the clock in china thousands of barrels of highly explosive chemicals from before they reach russia chinese authorities say they can. pose any threat. living in fear. keeping behind bars indefinitely despite the european court of human rights saying the country's preventative detention system is illegal it sees criminals remain i

as transit says it will retain its important position even with the launch of north three and south stream project. service stars taking a controlling stake in counters crude gold corp up from forty percent although it acquired a number of foreign companies before the crisis so gold subsidiary has been one of the best performers. obviously this. has significantly reduced some of the cap ex plans it's a reaction to the crisis and it's very natural our business obviously was a bit quicker and interestingly enough we have contributed being a fairly small part of the business in terms of the size of the assets we could contribute it was twenty five percent of the be done in two thousand and nine to do overall severstal parishioners so in the difficult parts of a cycle business has. performed as a hitch towards the adverse economic conditions and that's your update for now but you can always find more stories on our website at www dot com slash business. state provided citizens with. rights and. so. it's. like. when the government tanks. boy oh. boy. here's a look at the top stories here on our

said ukraine and belarus will remain key transit routes even with the launch of the north and south stream projects. and that's all from the business team for now but of course you can always find more stories on our website that's r.t. dot com slash business. culture is that so much a moment taxpayers and i mean there is a reason it means a lot of people are sweating it out a good part of the world is experiencing a crippling heat wave is this a trend or simply freaking weather one. it is seven thirty on a friday night here in the russian capital you with headlines now forest fires raging in russia killing at least twenty five people in a record breaking heat wave homes have been destroyed in the thousands of floods as firefighters struggle to stop the flames from spreading. emergency crews worked around the clock in china to recover thousands of barrels of highly explosive chemicals from a river before they reach russia chinese authorities say the containers are tightly sealed pose any threat. germany looks forced to scrap a system that keeps on convicts behind bars indefinitely prevent

the eels not taking any step toward realizing the new google project viewed as a competitor to south stream the energy rich central asian country is also keen on securing its gas supplies to europe and is eyeing additional routes. and it's time now to check out the equity markets in hong kong the hang seng fell almost one percent of you getting reaching its the lowest in more than a week this comes after companies including bank of america and citigroup reported low revenues and u.s. consumer confidence dropped and japan the nikkei is closed due to a national holiday. and the russian equity markets are closed this hour they finished last week in the red reversing their earlier dane's only in the trading session on friday both the r.t.s. i mean my sex closed down just on the one percent all the blue chips were in the bread would spare bank losing the most on board courses down about two percent. so corporate results in the united states last week were offset by poor economic data counts for the doubt over the strength of the recovery under the head of research at four of clubs believes the u

with business archie russia and bold garia have signed a detailed pullin area agreement on the south stream gas pipeline after discussions concluded in the varna the deal is a technical group about how the two countries will move forward the next step will be to set up a joint company to study the feasibility of the project it would provide the details for a legally binding contract. was developing south to provide an alternate route for russian dolls to europe it's made partners in the project are italian energy giant any france's. russia's past a long awaited law on insider trading the new rules are intended to define illegal trading and what sort of punishment should be handed out to those who cross the line much in the coach and explains. in the film wall street's by oliver stone gordon gekko makes billions by insider trading but the character that told the world greed is good gets his comeuppance of the long arm of the whole finally gets his hands on the antihero and we presume strips him of his wealth and send him to prison here in russia the gordon gekko's of this world have much les

participants a bit later in the foreground first bulgaria and russia signed a detailed agreement on the south stream gas pipeline after discussions concluded and varco the deal is a technical rule valpo of how the trees will move forward the next step will be to set up a joint company to study says ability of the project it would provide the details for a legally binding contract gal's promised developing sousing to provide an alternative route for russian gals to europe its main partners in the projects are an italian energy company any and france's e.d.s. . and in related news called the song's president missile tom nazarbayev has accused the e.u. of not taking any steps toward realizing the new google project viewed as a competitor to sousing the energy rich central asian country is also keen on securing its gas supplies to europe and additional routes. and the sound time to check out the equity markets in hong kong the hang seng is down almost one percent return soloist in more than a week this comes after companies including back america and citigroup are one of the lower revenues and u.s. cons

business program on our team all year i am russia signed a detailed preliminary agreement on the south stream gas pipeline after discussions concluded and varma the deal is a technical road map of how the two countries will move forward the next step will be to set up a joint company to study the visibility of the project it would provide the details for a legally binding contract gazprom is developing self dream to provide an alternative route for russian gals to europe its main partners in the project are an italian energy company eddy and france's india. the government is heading for a potential showdown with the most important industrial sector in the russian economy it wants to raise taxes for resource extractors including oil gas and metals companies but energy and mining firms especially gazprom a fiercely resisting the proposal for more detail i'm now joined by i first want to muddy the question of from gals problems have quarters here in moscow. ideas so these plans have got the industry up in arms what is the government actually proposing. well the new tax proposal is most likely to

transit system will retain their important position even with the launch of the nord stream and south stream projects. and that's often the business team for now but of course i'll be back with more stories for you next hour and you can always find more information on our website that r.t. to com slash with us. the big . issue is that so much in a moment taxpayers' money mandating it is a misdemeanor a lot of people are sweating it out on the big part of the world is experiencing a crippling heat wave is this a trend or simply freaking weather one. has been to the casio the wilderness and the great out it's a form of. now while tea goes to central russia where the car industry is rapidly developing where history finds a new life in its place. an american citizen can find a new. welcome to the. club so. it's about now here in the russian capital you're with let's get to our headlines now thousands of containing dangerous chemicals that were swept into a chinese river by a flood and are heading towards russia recovery efforts are underway but if the toxic materials get into the water the effec

and in the business bulletin russia bulgaria has signed a preliminary agreement on the this just south streamject and after a decade in the making now has an insider trading law these and other stories in about twenty minutes.

show will stream live on viewfromthebay.com. then oprah at 4:00, south carolina's first lady jenny sanford opens up about her husband's infidelity. then at 5:00, a deadly pit bull attack in concord whera child was killed in a garage. one more reason to eat fish. it may help you and those stories ming up at 5:00 5:00 today. there is something for everyone. don sanchez has what's hot. >> it's serious and funny new comedy auctioning the ainsleys from theater works in palo alto. >> san francisco symphony, they celebrate mexican bicentenni at dolores park. >> story telli, images of spirit. jewish film festival begins in five theaters around e bay for two weeks. >> america's premiere summertime event, gilroy garlic festival has food and 4500 pounds of garlic. new jazz star catch him saturday afternoon in mendocino music festival muse identical the edge of the world. >> a berkeley teenage theater group presenting a true story at julia morgan theater. ♪ >> salsa festil features live music in six clubs and dancg in the streets. free dance lessons saturday night.

it's all associated with the jet stream that's dipping far to the south here for this time of year. so we go with more mild temperatures as we head throughout wednesday. and also thursday's forecast. more widespread 70s inland. a few 80s as well. and then we'll get a little bit of warming in here as we head into thursday's forecast. as for the morning hours starting off with 50 in gilroy, 51 in livermore. 53 in fairfield. 54 in concord. then my cool spot on the map tomorrow morning, santa rosa, temperatures in the 40s. once again fog from the coast to inland. as for tomorrow, we're looking at 80 in gilroy. 81 in morgan hill. 74 in dublin. 80 in livermore. then you head over towards the bay. 73 in fremont. up the peninsula, 60s to low 70s. many of us about five to nine degrees off our averages for this time of the year. but once again, it's not devastating. it's very pleasant out there. it is california. and it is summer, after all. all right. more on the weather channel on cable. seven-day forecast has some small spikes in the heat there by friday and saturday. oh, yes, we're turnin

show will stream live on viewfromthebay.com. then oprah at 4:00, southfirst lady jenny sanford opens up about her husband's infidelity. then at 5:00, a deadly pit bull attack in concord where a child was killed in a garage. one more reason to eat fish. it may help you and those stories coming up at 5:00 5:00 today. there is something for everyone. don sanchez has what's hot. >> it's serious and funny new comedy auctioning the ainsleys from theater works in palo alto. >> san francisco symphony, they celebrate mexican bicentennial at dolores park. >> story telling, images of spirit. jewish film festival begins in five theaters around the bay for two weeks. >> america's premiere summertime event, gilroy garlic festival has food and 4500 pounds of garlic. new jazz star catch him saturday afternoon in mendocino music festival. muse identical the edge of the world. >> a berkeley teenage theater group presenting a true story at julia morgan theater. ♪ >> salsa festival features live music in six clubs and dancing in the streets. free dance lessons saturday nigh

end of an access tunnel leading into the festival, while crowds continued to stream into the other end. >>> and the u.s. and south koreans have begun a joint military exercise off the korean peninsula. the war games involve 8,000 troops, 200 aircraft and 20 ships and subs. north korea has called the drills a unpardonable provocation and threatened to retaliate with, quote, nuclear deterrents. >>> back in this country, extreme weather is once again in the headlines tonight. but this time, not just the dangerous heat. in iowa, they're adding up the damages after a rain-swollen river caused a catastrophic dam failure, sending water surging downstream. eric horng is in broadview, illinois, tonight. >> reporter: today, the area near the dam is anything but a tranquil oasis. >> that's why we bought this place, because we had the sound of the dam. >> sleep so well at night. >> reporter: dozens of homes here were swept off their foundations. no match for the raging torrent unleashed when the dam failed. >> there it goes. oh, my god. >> reporter: yesterday's breech sent water gushing into the already swollen river, floodi

at least we know that the jet stream has kicked down to the south. 80s in the pacific wornorthwest. rrow and friday we can see the jet stream stays down south out west, so they will continue with the heat. it bubbles up through the country so sizzling weather continues through the gulf coast into the midwest. you maid >>> here's a look at the golden gate bridge where we've got overcast skies pretty much throughout the bay area, not just for san francisco. you can see our temperatures this morning, mostly 50s outside for now. as we head towards the afternoon with clearing inland. it's going to be another mild day. 70s around san jose, close to 80 in livermore. otherwise, 60s and 70s for another day today. tomorrow, maybe just a little bit warmer. it's friday and saturday, i think we'll see those inland temperatures get more into the mid- and upper 80s and then trending cooler again early next week. >>> and the allen family reunion. all right. what a group. i like you, young man. you remind me of yourself, except you're much better looking. let's go to matt. >> thank you very much. up

point to el nino and the effects of global warming as well as the jet stream further north than usual preventing cooler air from moving south. >> water, sunscreen. take breaks when we get tired. think that's how we're dealing with it. >> reporter: here in chicago, this is the fourth straight day of 90-degree temperatures. for much of the country and in particular the northeast, a break from the heat may be days away. ron. >> okay, thanks, eric horng reporting from chicago. >>> while the first family got a bit of a break from the weather. as they enjoyed their weekend in maine. where it was only 81 degrees, where they were today. the obamas toured an historic lighthouse. in acadia national park. and then got a little hiking in. but the president, meanwhile, was turning up heat on the republicans in his weekly address. >> too often, the republican leadership in the united states senate chooses to filibuster our recovery and obstruct our progress. i think these senators are wrong. we can't afford to go back to the same misguided policies that led us into this mess. we need to move forward. with the policies that are leading us

stream further north this summer. preventing that cooler air from moving south. and so, what's left behind, 19 states with excessive heat warnings or heat advisories. so, the three areas we're looking at is in the southwest. a dry heat there. and then, the middle of the country, kansas city, st. louis, this whole area. and the northeast. phoenix and memphis, under the gun today and tomorrow. philadelphia, it gets worse tomorrow, if you can believe it. here are some of the high temperatures. 92 in minneapolis. you know it's bad when one of the hottest cities in the country, phoenix, 111. that city is under an excessive heat warning for today. m thanks so much. more on your saturday outlook a little bit later on in the show. bianna? >> mary, thank you. >>> yesterday, we saw something remarkable. steve jobs admitting he was wrong, sort of. after growing complaints about the new iphone dropping calls when held a certain way, the apple ceo held a press conference to calm critics. take a listen. >> you know, we're not perfect. we know that. you know that. and phones ar

flooding in south dakota today led to a dramatic rescue with a twist. as a herd of cows crossed a swollen stream golf tangled in an underwater fence. so it was grownups to the rescue. two cows shoved the fence aside and the calf scrambled to safety. animals have extraordinary power. up next, caring for kids by helping them care for some creatures great and small. now what? [ female announcer ] new crest 3d white professional effects whitestrips. it's professional-level whitening. start seeing results in 3 days. new crest 3d white professional effects whitestrips. in a recently published study, key nutrients reviewed were found to be absorbed by the body. these nutrients help support energy and immunity. science gives you more reason to trust centrum. these nutrients help support energy and immunity. there's oil out there we've got to capture. my job is to hunt it down. i'm fred lemond, and i'm in charge of bp's efforts to remove oil from these waters. bp has taken full responsibility for the cleanup and that includes keeping you informed. every morning, over 50 spotter planes and helicopters tak