for the markets would it really does that mean that all the state officials will be removed from our companies from state owned companies or that some members of the administration might stay there how does a construct of the government. of the three thousand. used to stage the approach to stage approach. before on july first all means present me stores who are responsible for legalization. and population and particular sort of move out of the companies that work in those conflict settles in the second step by the first of october all hiring can go into. usually. commissions for the presidential administration should go to all boards and various and all state controlled companies it's possible that the level of life usual like person departments really mean the board of directors but they will not be able to all share the boards so they will have some influence in just more money for any state control company but they will not. hurt the process of what the chairs of boards how well the state exercised its power in the state owned companies will be the difference is the key thing for the state

company is what will be the difference is the key thing for the state east to be better. to. regain full blown pre-birth or investment climate. when the show is taken for companies same way private companies are going for managed and same can sprint we resolved but if you are still treatment for anyone in truly believe that you can hire. or support professionals to those in some cases members of the board. according to the three actions given from the government and this is. doing is the key instrument for the time being is in the short term then we'll see whether even this isn't it for the best possible months from the for status of companies don't you think that concerns about corporate governance are a little bit premature given the levels of corruption that we're tackling in the legal and state procurement system corruption is always. a problem the problem with most of the corporate sector and on the fischel side tackle and fight corruption from both sets of emphasis or the president will be different from boston more than of course you're here with a new sheet a numbe

be able to pull the board so they will have some influence or interest nor money for any state controlled company but they will not. hide the process started with the chairs of boards how will the states exercise its power in the state owned companies won't even difference is a key thing for those three east to create. a glacial. to . begin to save bluntly to plead with their investment climate. so that when the share of state control companies same way private companies are being moved the same from sprint we resolved that if it actually can for anyone. we truly believe that you can hire the best possible professionals but those are some cases members of the board. according to the thrush and given from the government and this is. really worrying is the key instrument for the time being if in the short term then we'll see whether even this is needed for the best possible management the for state controlled companies don't you think that concerns about our corporate governance are a little bit premature given the levels of corruption that we're tackling in the legal and state for care system corr

the process sort of what the chairs of boards how will the states exercise its power in the state owned companies will be the difference and the key thing for the east to create. so. bluntly with their investment climate. in the well it should state control companies saying we wrote companies that are being managed and same transparent we result could have simply been for anyone. who truly believes that we can hire the best possible professionals to those in some cases members of the wards. according to the through options given from the government and this is are doing is taking instruments will be used in the short term then we'll see whether even this is meet the fourth best possible management for state controlled companies don't you think that concerns about our corporate governance are a little bit premature given the levels of corruption that we're tackling in the legal and system corruption is always. sort of a problem the problem of most of the corporate. funds official sorry to tackle and fight corruption. and so was the president very different prostin with intercourse who are here wit

the process sort of work to achieve the bourse how will the state exercise its power in the state owned companies will be the difference is the key thing for the state to create a better. blanket to play with the investment climate. in where the show state controlled companies same way private companies are being managed and same from sprint we resolve that if it actually can for anyone. truly believes that we can hire. professionals to those in some cases members of the board. according to the three actions given from the government and this is a really when the kids are mean for the time being in the short term then we'll see whether even with me that it's over for the best possible management before the state controlled companies don't you think that concerns about our corporate governance are a little bit premature given the levels of corruption that we're tackling in the illegal and state procurement system corruption is always. a problem the problem with most of the corporate. runs official so i played fishing tackle and fight corruption. and this was was going to be a different process tha

company but they will not. hide the process with the chairs of boards how will the state exercise its power in the state owned company is what would be the difference in the key thing for the state east to create a better relations. game to promptly prevent their investment climate. so that when the share of state control corp and yes same way private companies are going for managed the same transparent way but if you have something for anyone in truly believe that you can hire the best possible professionals producing some pieces members of the war serial war according to the three actions given from the government and this is. really when the key instrument for the time being is for the short term then we will see whether even this is needed for the best possible management for state controlled companies don't you think that concerns about our corporate governance are a little bit premature given the levels of corruption that we're tackling in their legal and statement system corruption is always. a problem the problem of most of the corporates. on the official site played fish tackle and fight corruption and from

return koskie from north capital says it's the right time for officials to quit the boards of state run companies given the upcoming privatisation program. obviously the states under to keep a major privatisation of the state owned companies this is a generally very difficult task however the biggest challenge is that it has to meet certain criteria so otherwise there wouldn't be successful in selling their packages to overseas to foreign investors foreign investors they're kind of upset there seem so many state officials in the board of directors so basically if. a certain cleanup of wouldn't heart and this cleanup needs to be done sooner rather than later therefore i think i believe. other companies will pull the suit. other stories now there are potentially additional problems for b.p. is russian partners are planning to sue the oil major for up to ten billion dollars for its failure to invite tainted b.p. to participate in the arctic exploration deal with ross net that's according to reports in the business press and both london and moscow but corporate lawyer in ivory believes the dispute do

members and kosky from north capitol says it's a right time for officials to quit the boards of state run companies given the upcoming privatization program. obviously the states on the two major privatization of the state owned companies this is a generally very difficult task however the biggest challenge is that it has to meet certain criteria is otherwise there wouldn't be successful in selling their packages to overseas to foreign investors here in the investors they're kind of upset there seem so many state officials in the board of directors basically. certain cleanup didn't work and this cleanup needs to be done sooner rather than later therefore i think i believe. other companies will pull the suit. was to correct the markets u.s. stocks fall after alcoa kicks off runnings where lackluster sales after japan's aids and measure of the severity of its nuclear crisis to the highest level of course had laid on monday it would turn to first quarter profit it said revenue grew to just five dollars ninety six five point nine six billion dollars instead of its it's been sixteen billion dollars the

have the process to chair the bourse how will the state exercise its power in the state owned companies will be the difference the key thing for the east to create. again blankly complete with their investment climate so. when the share of state control companies same way private companies are being managed and same transparent we result. for anyone. we truly believe that we can hire the best possible professionals to those in some cases members of the board. according to the through options given from the ground and this is a doing the key instrument for the time being in the short term then we'll see whether even this isn't the fourth best possible management for statements of companies don't you think that concerns about our corporate governance are a little bit premature given the levels of corruption that we're tackling in their legal and statement clearance system corruption is always. a problem the problem with most of the corporate. ones official another side to tackle and fight corruption from boss epts and this is was the president of a different post than when he had more sco

chairman of ross never following president medvedev order top official said leave the boards of state companies details coming up in our business. this is our team from moscow it's ten pm choose date nights here now welcome to futures joins us my name is kevin owen and the top story says that the security and stability for the main targets of the attack that killed twelve people and left over two hundred injured by the russian special forces has confirmed the man whose photo if it was leaked on the internet is the main suspect of his country approach over talk to some of the witnesses of monday's metro terror. it is a day to remember solemnly here and means the morning after the tragedy you can see piles of flowers candles and i comes later ran to the entrance so that station here by the explosion during evening rush hours on monday obviously emotions and feelings are running high as people want to be together on the stand maybe before going to work make a stop over here to observe a minute of silence. get a good how are you feeling this morning after the blast terrible feelings i couldn't expe

problem for the markets would it it's or does that mean that all the state officials will be removed from our companies from state owned companies or that some members of the administration might stay there how does that lead instruct the government. of these three thousand. to right used to stage the product approach first they should before july first of all means there are some prime ministers who are responsible for. the cognition and particular sector of the part of the problem is that warping of those computer sectors in the second step by the first of october all hiring can go into . usually. usually one of the presidential administration should go out of all abortions there are still all state controlled companies it's possible that all level officials like departments are given a main source of their efforts but. not be able to share the board so they will have some influence in just normal for him to control company but very much. like the process of them or the chairs the boards how well the states exercise its power in the state owned company is what will be the difference in the key thing

order you just mentioned just told us about that are we going to see any major changes another state run companies those top officials resigning. right this is the kind of the shills circle because obviously the states under two major privatization of the state owned companies this is a generally very difficult task however the biggest challenge is that it has to meet certain criteria as otherwise there wouldn't be successful in selling their packages to overseas to foreign investors foreign investors they're kind of upset there seem so many state officials in the board of directors so basically. a certain cleanup of heart and this cleanup needs to be done sooner rather than later . therefore i feel i believe. the cop would use with the suit. our right to return call ski from north capitol thank you very much indeed for sharing your views with us. but the business update for you for now well some more local into our website that's all you got called flashback. chosen from among many. he was given a clear cut mission. a mission he successfully accomplished. and became the first ever man in outer sp

she resigned as chairman of roles not for name president of the state officials to leave the state companies will join me in about twenty minutes time. bringing you news around the clock from around the world i'm matt trezise good to have you with us here on our team it started out as any other normal monday in the belorussian capital minsk but ended in carnage and horror a terrorist bomb ripped through the metro at the peak of the evening rush hour killing twelve and injuring more than two hundred police say they have now put together a fits of the two suspects suspects believed to be involved in the attack parties are catarina grouch over reports from its. it is a day to remember solemnly here in minsk the morning after the tragedy you can see piles of flowers candles and icons later on to the entrance to the act of risqué metro station here by the explosion during evening rush hours on monday obviously emotions and feelings are running high as people want to be together on this day and maybe before going to work make a stop over here to observe a minute of silence five years what kind of

down as chairman of poland president made it supportive for top officials to leave the board of state companies details coming out they have as poets from. seven pm in moscow good to have you with us here on our team match reza our top story the goal of the metro attack in minsk was to destroy stability in the country according to the bell russian prosecutor's office the explosion that rocked the subways busiest station at rush hour killed twelve people and left more than two hundred injured three cesspool. have been detained in connection with a blast artie's a catarina grotto talk with some of those who witnessed the bloodbath in the heart of. it is a day to remember solemnly here and means the morning after the tragedy you can see piles of flowers candles and icons later on to the entrance so that metro station here by the explosion during evening rush hours on monday all over silly motions and feelings are running high as people want to be together on these day and maybe before going to work make a stop over here to observe a minute of silence my dear to the how are you feeling this morning

it's a great day for the russian system now top officials are leaving the boards of other big state companies economic development instead of even if you will in the end presidential aide are quoted her colleagues will be stepping down from burbank supervisory council there's still a number of state companies will talk with their shells on their boards among them right after this to be done to do so and as you minister with a gas pump. now taking a look at the markets now stocks in the u.s. are lower after alcoa kicked off earnings with lackluster sales that's up at the time a measure of the severity of its nuclear crisis the highest level alcoa said late on monday if we turn to the first quarter profit but said revenue grew just five point nine six billion dollars instead of the six point sixteen billion dollars that analysts expected. in europe markets british today lower in mining stocks dragged you case forty below the six thousand level on tuesday travel stocks and drug makers were the strong performers commodity related stocks were under pressure on lower oil and metal prices because a

ascension resigns as chairman of rosehips calling present preventives order to leave both of states companies. it's eleven am here in the russian capital you're watching r t welcome to the program it started out as any other normal monday in the better brushing capital minsk and in college and horror the terrorist a bomb blast ripped through the metro at the peak of the evening rush hour killing twelve people injuring more than one hundred different groups over is in minsk. as we arrived in the early hours it was the candles and the piles of flowers laid around the entrance to their natural state. of course they'll be more people coming to the side of the tragedy throughout the day to pay their respects to those killed emotions and feelings run deeper as people here in new feel they want to be together on this day many of those who made their way home on monday evening shortly after the blast. metro system stopped at the start of the tragedy to observe a minute of silence an explosion tore through a key to asian in the russian capital of means during. rush hour dozens of those injured are sti

sachin resigns as chairman of ross nets following president if that is to leave the boards of state companies. that are you watching r t twenty four hours a day are welcome to the program but it started out as any other normal monday in the russian capital minsk that ended in carnage and horror of a terrorist a bomb blast ripped through the metro at the peak of the evening rush out of control security forces have confirmed to r.t. twelve people were killed and more than one hundred twenty injured when catherine whichever joins us live from. better use is not really a country that's experienced terror attacks on this scale it must have caused widespread shock and outrage across. indeed indeed carry has been relatively peaceful over decades and it is the first terrorist attack on the matter on the natural system. in its history. is the been of fish will do this we arrived in the early hours there was so candles and piles of flowers laid around the entrance to their terrorists a mattress. of course they'll be more people coming to the side of the tragedy throughout the day to pay their respects

of ross now following president medvedev sorta what's up with this was to leave the boards of state companies details coming up now business bulletin twenty. five am in moscow i match reza good to have you with us here on r t before we get to our top news stories there are reports that an explosion has happened at a moscow bus stop in the west of the capital and versions these services are on their way to the scene we'll bring you the latest from our correspondent as soon as we had any further details here on our team. well get to that story later in our broadcast back to it but first the goal of the metro attack in minsk is to destroy stability in the country according to the bella russian prosecutor's office that an explosion that rocked the subways busiest station at rush hour killed twelve people and left more than two hundred injured several suspects have been detained in connection with that blast our teams are catarina grandchildren talk with some of those who witnessed the bloodbath in the heart of minsk it is a day to remember solemnly here and means the morning after the tragedy you

talk officials are leading the boards of other big state companies economic development minister if you are in the building and presidential aide our coverage will be stepping down from the supervisory council there's still a number of state companies with top officials on their boards among them finance minister putin who is at the. energy minister call. now let's take a look at how the markets are doing yes dogs dropped on tuesday after japan's increases after you're planning creased nuclear crisis level stocks are also down after alcoa kicked off wordings lackluster sales because said late on monday if we turn to first quarter profit said revenue was shorter than us expectations in europe markets british lower on tuesday as well nineteen stalls drag you case would see below the six thousand level trouble stocks and drug makers were the strong performers commodity related stocks were under pressure on lower oil and metal prices and because of this was the biggest decline on the footsie dropping four point six percent. here in moscow the markets ended in the red slid to the half percen

products online have an unfair advantage over mainstreet bricks and mortar businesses out of state companies that aren't paying their fair share of taxes are sticking illinois residents and businesses with the tab no sorry senator you're sticking those businesses with the tab and now you just want to stick it to some more businesses how much you want to bet some of the sponsors of his campaigns are going to profit from this legislation. he even had the audacity to call his bill the main street fairness act but who would really be pain this tax you that's because those online businesses will simply pass the cost on to the consumer as a sales tax added to the total of the purchase so it's not even businesses that would be bearing the cost but we the people as always and if senator durbin really cared about tax fairness you think he'd do something about the sixty seven thousand two hundred four page long i.r.s. code or the fact that after reporting a two thousand and ten profit of fourteen point two billion dollars general electric didn't pay any taxes last year he only cares about taking care

-- and out of state company. this is full falsifications. this is not present the facts. all the personal information of passengers, drivers, are being held in databases and as we know, these databases can be accessed during the process that it goes through and we see a misuses it all of the time. fortunately, -- can be -- personal information can be compromised. using gps is a bad idea. using automation as a foundation is a much better idea. 90% of the cab drivers are the silent majorities. they are the people that transferred people here. why they are not here on the prior session's because they are migrants. in their countries, when they speak their minds, bad things happen to them and their families. yes, you push the income to the level that is half of what teenagers make in mcdonald's. remember, -- >> next speaker. [applause] >> you listed my name first. i live on 21st street and i have received something in the mail saying that we would get permits for parking. my neighbor passed arou a petition and i signed against it that he showed me since then that there is a r

order that prohibits ministers and other senior officials from being on the boards of major state owned companies and settle of seventeen russian firms they're on the restricted list they will have to remove top state officials by the first of july this move is seen as part of the president's bid to improve corporate governance and boost foreign investment. u.s. markets over on the side of news still trading that way with the dow and nasdaq flat and mixed region resistance levels rather quickly volumes remain low continuing the trend from the previous week where the market soared most volumes this year while prices have reached another thirteen month high with brant crude trading above one hundred twenty dollars per barrel lights more than one hundred eight dollars price that being supported by positive job data from the united states and supply worries i would term oil in the middle east. of the russian markets now and they ended in positive territory energy majors were boosting innocence and higher oil prices looking at some of the companies we see the state's own monopoly gas problem are one p

and welcomes a business that's a good to have your company russia's top government officials will have to step down from the boards of state run companies they are to be replaced with independent directors they want it was signed by president of prove the country's investment climate the head of the association of independent directors says the move will help boost the market value of state corporations state owned companies are still represents a significant part of g.d.p. and so markets capitalisation that's why the government is playing a very important role in the program the overall more country economic efficiency and competitive mass improvements of the water for months and the state owned companies will increase their way out of this and this and on so on and also world removed for so all corporate governance discount it by by the international investors. moscow's sheremetyevo airport has played host to the arrival of the first commercial flight of the new super jet the armenian airlines aircraft named up the cosmonaut yuri god it was carrying its all complement of passengers on the trip from get involved is the fi

a total of seventeen russian companies are on the restricted list they will have to remove top state officials by the first of july the move is seen as part of the president's bid to improve corporate governance and boost foreign investment. similar to the markets now u.s. markets open underside level the dow and nasdaq flat and mixed reaching resistance levels rather quickly volumes remain rather low continuing the trend from the previous week where the market saw the lowest volumes this year so far world prices reached another thirty month high with brant crude currently trading just under a hundred and twenty eight dollars per barrel light suites are more than one hundred eight dollars prices are being supported by positive jobs so from the top well consumer of the united states and supply worries over turmoil in the middle east european stocks are also higher on monday that's true from london now extending the previous session strong rise meanwhile the dax is down by a notch u.k. mobile network operator vodafone group rose more than one half percent agreeing to sell its french st

country the economic efficiency and competitiveness improvements of the performance in the state owned companies are will increase their way out of this mountain it's in the law and so on and also will remove for so all corporate governance discount it by the international investors. russian oil pipeline monopoly transnet says it may file a lawsuit against china in a london court over under payments for all supplies the ground for the legal action lies in chinese partners here and the seas failure to meet they agreed price for the last but before going to cool the pipeline monopoly hopes to settle the issue through negotiations trust yes says its monthly losses are valued at around twenty million dollars while there were ruled out of the sea the one hundred million dollars. let's have a look at how the global markets are doing this hour with a four percent gain so far this month following a ten percent rise in march crude prices are keeping their heads up there are you guys know floating around two hundred twelve dollars per barrel and brant is probably one hundred twenty four dollars per barrel

large stakes of state assets to private owners or removing high ranking government officials from state companies management boards is that a way of reducing government influence on business and how does it work. with. of course it is these measures are aimed at the doctrine of state influence over business and the stimulation of competition in the market yes i believe it's the most important step is the sale of state holdings of shares it deals with the largest shareholdings of oil producers and banks and also ship building companies and others there was draw a state official. strong boards of directors substantially reduces the influence of top officials but nevertheless the state will not cease influencing these companies remember that they are still owned so it's more important to focus on selling the enterprises. by the way you are going to lose your seat at the board of the world's biggest diamond producing company for example a company will be better off without you. wouldn't you know we have approached a very important decision in our also for years we have been consolidating the company'

or state aligned companies here do you think investors really want to different play here is the privatization process comes about i mean is that going to be something that would be you know in the tsunami sorry for all the metaphors but how important is this i think of the key for the investment climate here makes it clear the government believes in the markets it believes in in in external finance in equity investors and i think that is a very strong underpinning for russian equities. in general this understand the dog . it's they understand the importance of actually markets and financing for companies that companies will be able to raise capital and put more quickly and economic growth in russia so i think everyone if one wins here the russian government wins they get faster growth and the investor should win by having a more protected environment then if i can go back to you there's always the issue of corporate wars in the corporate boardrooms we have the. k b p ongoing affair where we're brass nearest we. are

situation in the cab business, especially that we are giving out of private information to some other state companies, and we are being damaged every day by paying a 5% fee on credit cards, which we do not like. it has been a cash business for a long time, and we would like to keep it that way. sometimes, at the end of a shift, you cannot even pay for gas because you have all of these credit card slips and no gas. also, the hybrids, we would like them to be regular cavs, because hybrids do not last as long as regular cavs, and we do not have any spares. we do not have spares, and we lose wages. chairman nolan: next speaker. secretary boomer: [reading names] >> hi, my name is nabile. it seems that the cab business is always going down and down and down. people have the perception that we are making more money. we are not making more money. we are paying more money for hybrids. we heard gavin newsom saying that drivers have saved millions of dollars. that is not true. the hybrid cars, they break down all of the time, and when you do not have a fair cab, -- a spare cavs, no health care, not even one tim

the most important step is the sale of state holdings of shares a gills with the largest shareholdings of all producers and banks and also ship building companies and others their withdrawal of state of fish. well strong boards of directors substantially reduces the influence of top officials but nevertheless they will not cease influencing these companies remember that they are still owned so it's more important to focus on selling the enterprises. by the way you are going to lose your seat at the board of the world's biggest diamond producing company for example a company will be better off without you know you wouldn't you know we had approached a very important position in our roster for years we had been consolidating the company's assets revising its property and reducing the costs of diamond mining and only two months ago it had its i.p.o. and became a g.s. c i think or feel that has said at least i consider them filled because of the. finance minister for more than a decade now what do you think is your biggest success any decisions that you regret so. i think there can be credited with setting up a consistent well balanced budget thing

companies including synergy. producer magnitogorsk steel producer will also get the trading or operational update from alliance oh we'll. and maksim session cockily state run companies could become hot stocks should the government push through with their proposed privatization reforms. what we're seeing now this was a change of the russian government policy could be a huge structural change for the russian market so if indeed reforms would go for companies like. then you know you might have. absolutely unique situations in terms of. a flight to the new target price is if you a simple example of good strong image to the cause by thirty percent it will be a boost huge wake me perhaps twenty to thirty percent upside potential target price so if i were asked to name a few surprises over the next twelve months i mean it's work and it'll come from this corner as always state monopolies companies which would only be realized and become more transparent. that's their business out there for now do me and let the right now for more tax and watch. the. much brighter than. the ballots from first impressions. don't come. just. more news today violence is once again

net is the first to follow the presidential order that top officials should leave the doors of state companies to honor of course not and they're also not. because of his role as deputy prime minister igor searchin has had to step down from the board of last left no this was because of a presidential really really meant no senior government officials could be on the boards of major companies now just how this will affect the major dealy sixteen billion dollars share swap deal between rosneft and b.p. remains to be seen section was one of the key architect of that deal he'll now be replaced by thirty ish ition who's the senior vice president at v.t. bank it's now mr shushan job to try and make sure that deal goes through but this is the only news coming out of the ross left a b p saga today we've also heard the t.n. k b p b p's official partner here in russia that they are looking to sue p.p. for tale of billion dollars should this deal go ahead. and of course came from nor councils has the time log announcement could not have been more perfect. is one of the companies which were announced for

new order prohibits ministers and other senior officials from being on the boards of major state owned companies so it will have seventeen russians on the restricted list they will have to remove the top state officials by the first of july this move is seen as part of the president's bid to prove corporate governance and boost foreign investment. to go to the markets now we start with the united states they opened underside of a good there were nasdaq plats bad mix there were actually positive right now reaching resistance levels rather quickly but there's remain rather low continuing the trend from the previous week where the market saw the lowest volumes this year so. world prices have reached another thirteen month high with brant crude actually over one hundred twenty dollars per barrel lights we just over one hundred eight dollars prices are being supported by positive jobs very surprising top oil consumed in the united states and supply worries over the turmoil in the middle east. european stock markets now of footsies up point one percent the dax is flat in negative extending in london p

proposals my present that i have have government officials off the board of state companies affected affected the russian markets on tuesday rather measured very capital since the changes will continue having an impact. today the market is really going to be focusing on the the results of what we saw yesterday you know coming to terms now with the present maybe at its comments about. board of directors what does this mean for sachin what does this mean for how does it impact the companies that they're associated with the price that it's difficult to price something off markets as those kind of comments investors will be looking at the government controlled companies it seems to be a lot but changing at the moment in most government controlled companies they are fundamentally some of the cheapest assets in emerging markets globally so if there is likely to be any positive change there have a big impact. and that's all the business news but it sounds like you can always keep up to date on line of. business. there is not enough space for them on the ground. get systems under the sun. th

making as president i'm going to give it state officials the ministers from taking top posts in state owned companies more on that in twenty minutes time. very warm welcome to you this is r.t. live from moscow. colonel gadhafi is desperately seeking ways now out of the libyan crisis at least become the latest state to recognize the country's opposition government meanwhile a turkish humanitarian ship has taken hundreds of injured libyans from the fighting in the west to the rebels stronghold. has more from tripoli. the fighting here on the ground seems to be located in chief primary cities in the east of the country it's around the city of brega but that frontline keeps shifting and at the moment it's actually not clear who is in control in the last six weeks that city has changed control six times in the west of the country most of the fighting is happening in and around the town of misrata and there we are hearing that the government has states are if it's eliminated and he could have his supporters now we do know that a turkish humanitarian ship has taken two hundred and fifty patients civilian ca

that is the first to follow the presidential not of the top official should leave the balls of state companies like this have to comply with the ruling by the first of july the search of a child since two thousand and four i have been a key architect of the company's landmark alliance with british petroleum. the russian have holders of. planning another lawsuit against the claim in the company of breach the joint branches agreement now t.i.n.k. he will seek damages of up to ten billion dollars saying it lost but hugely to explore the russian option because of the actions of the british company on monday the financial times said b.p. is preparing to buy out its russian partners and repeat as it's trying to save its deal with russian oil major ross never to explore the architecture of how about christine from standard and poor's strains it makes more sense for me to sell out of ten k. to a set of by the way. i think that probably has made it clear that he wants to try to get this deal through you know mono that's acceptable to all parties involved now this is a deal that will be very beneficial

president medvedev to have government governments officials off the board of the state of the border state companies has affected the russian markets on tuesday role and national capital says the changes will continue having an impact on the market. today the market is really going to be focusing on. the results of what we saw yesterday. the president made comments about the. board of directors what does this mean for what does this mean for how does it impact the companies that are associated with the price that it is difficult to price something off markets as those kind of comments will be looking at the government controlled company it seems to be changing at the moment in those government controlled companies they are fundamentally some of the cheapest assets in emerging markets globally so if there is likely to be any positive change there. well that's all the business we have time for this hour but you can always keep up to date on line of. business. british. markets. find out what's really happening to the global economy. the global financial headlines. the official. from the.

proposals by president medvedev to have government officials taken off the boards of state companies has affected the russian markets on tuesday while the national verner capital says the changes will continue having an impact on the markets. today the market is really going to be focusing on. the results of what we saw yesterday you know coming to terms now with the president yet it's comments about the. board of directors what does this mean for what does this mean for how does it impact the companies that they're associated with and try to cry stop and it's difficult to pry something as off markets as those kind of comments investors will be looking at the government controlled companies it seems to be a lot that's changing at the moment in those government controlled companies pay off fundamentally some of the cheapest assets in emerging markets globally so if there is likely to be any positive change there and that could have a big impact. well that's all the business for this out but you can always keep on to that online r t dot com forward slash business. of. disarming saddam

proposals by president medvedev to have government officials taken off the boards of state companies has affected the russian markets on tuesday role and there should be no capital so the changes will continue to have an impact. today the market is really going to be focusing on. the results of what we saw yesterday you know coming to terms now with the present maybe at its comments about. a board of directors what does this mean for sachin what does this mean for how does it impact the companies that are associated with trying to price that it's difficult to price something is off market as those kind of comments investors will be looking at the government controlled company and it seems to be a lot that's changing at the moment in most government controlled companies they are fundamentally some of the cheapest assets in emerging markets globally so if there is likely to be any positive change there and i can have a big impact on the price of oil has reached a two and a half year high amid new concerns about the situation in libya brant crude is currently trying to around one hundre

believe it states is to remove the liability cap right now if you have a nuclear accident united states company only answered a seventy five billion dollars that's probably one percent of the expected cost of damage if these guys think it's safe let's remove seventy five million dollars cap and say something goes wrong guys you pay for it you will see immediately that every single nuclear project will be pulled off the table it won't exist well call me a psychic but something tells me that they're not exactly going to go for that thank you so much for your sign is greg palast that investigative journalists writing us from the ark.

telecom which is still supported by earlier reports on its merger with regional communication companies. state run companies could become a hot stocks should the government push through with their proposed part of his asian reforms says maksim session koff from the capital. what we're seeing now is for this change of the russian government it could be a huge structural change the russian more so if indeed reforms would in go of continuous work from sniffed and also then you know you might have. absolutely unique situations in terms of. of sight to the new target price this gives you a simple example that goes from one managed to the cause by thirty percent it will be a huge boost huge wake up straight into through the present upside potential target price so if our rules from the infamous surprises over the next twelve months i mean it's likely to come from this corner has always stayed monopolies companies which would liberalize and become more transparent more open. and i have. always thought i was stories on our website. that's to stay with us. wealthy british style. is not the right time.

from the board of state owned corporations and will be seen as part of president reagan's bid to improve corporate governance and boost foreign investment seventeen russian companies will no longer be able to have top state officials on their boards as of the first of july among them finance minister aleksey couldn't believe the country's second largest lender d.t.b. and duncan maker also by the first of october all ministers on the boards of the state front companies should be replaced with less senior officials or independent directors concerns natural urge because natural and nuclear disasters could put the brakes on the development of atomic energy around the world because i can see when a head of the national energy security fund says it may change russia's plans to build new nuclear stations abroad. there will be no such serious increase i'm going over new nuclear reactors. to work out the very seriously. absolutely sure to stop speaking about. nuclear stays with the. insert here in the very strange country is the way we always see. this because it was already announced plans to build nuclear stations for example would you still wouldn't run gold is rising g