and among other notable deals the russian state now technology corp is fine forty to fifty percent off the london based pro bono bio for an undisclosed amount the financial times the scribes the company as a new medical company launching the world's first molecular scale nanotechnology treatments problem of plants less than moscow and on this within four years. tony hayward is stepping down from the anglo russian oil firm it seeing play b.p. and that's less than a year after joining the board as a non-executive director and former chief executive officer he was fiercely criticized for his handling of the gulf of mexico oil spill is leavin supersede all their interests in the energy sector the departure comes at a sensitive time following the spell that santa drawing with so explore the arctic the alliance was broken by the russian partners in the who are now seeking compensation through the courts from the british parent company. and that's all we have time for this hour the headlines are next. commission free couldn't take should free in-store charges free to make sure the free. three

spotlight on a key figure and the yeltsin administration has now had of the russian national technology corp we ask about the secret of a successful innovation economy. and welcome to spotlight the interview. i am. and my guest on the show today is. over the last few years russia has invested billions of dollars into the technology something invisible something very small but something that's considered to be a very promising take nanotechnology is an industry that's said to be bringing out the oil and gas are. the twenty first century high tech. but many people say that it's a waste of taxpayers' money since you can buy anything that. supermarkets so is. something that will help modernize. the man who is and the tele. the head of the russian corporation dealing with than a. bunch of years ago then present for them to putin but not to college is a scientific study of the highest priority since then dozens of projects have to top. ten billion dollars of by the state of private investment to coordinated force of the. corporation that was created its c.e.o. is one of the most experienced russia

state run russian technologies corp is weighing plans to create a one billion dollars investment fund there was a newspaper reports it will invest in high tech startups and could be set up next year russian technology used controls twenty five companies from helicopters to take in production. the biggest brokerage is reducing its operations and russian media sources say it has trimmed its investment business in the country it company says it's not planning to completely withdraw from russia as it still sees opportunities in the market and business r.t. will be back in around fifteen minutes with an upgrade. if. the a. limited just spam. if swimming. in indonesia algy's available in the ground giotto for sure it's a media hotel the ritz carlton hotel or the to the to live millennium hotel in china you can see all the t.v. and censors helma comes broke so chill macam groans lido hotel mccumber commission much come resort hotels.

russian technology is corp is weighing plans to create a one billion dollars investment fund but it was the newspaper reports it will invest in high tech startups could be set up next year russian technologies controls twenty five companies from helicopters to titanium production. japan's biggest brokerage is reducing its operations and russian media sources say it has turned its investment business in the country the company says it's not planning to completely withdraw from russia as it still sees opportunities in the market and business l.t. will be back in around fifteen minutes with an update. coming. to meet. the looming subsists . just see the. same in. indonesia oh geez available in the ground zero for sure it's a media hotel the ritz carlton hotel the hotel motel movie millennium hotel in china nothing you can see on t.v. and censored telma comes from his hotel my car on the ground lido hotel macumba seventy shamar come result a tongue assault at the salty dog column local towns with results mcmullen seventy plus hotel mccann riviera hotel in the coming cintra hotel mcconkey. o

in four years time and they say will most likely offer electronic buyer technology and engineering assets straight from corp is going to spend the first feeds on the new investment fund by age of forty assets rushing to closures controls twenty five companies including russian helicopters and titanium giant. response. ok that's all we have time for and for now you're up to date for more stories you can log on to our website that's hard to dot com slash business. louis. hello again you're watching our team now here's a recap of the main stories we're covering for you today banking on sanctions the ears all embargo on syria could back far as energy firms cash in on pumping for another two months. if you will in the regime it's condemning. southern europe braces for a sturdy anger as spain try to push through more savage cuts while the arduous efforts to save greece appear to be untangling. also turkey suspends all trade and military ties with israel as relations sink to a new low because israel won't apologize for killing nine activists in last year's gaza flotilla rate. and blood in their putin throws the sw

technologies it's going to hive off its main subsidiaries in an i.p.o. in four years time analysts say will most likely offer electronic biotechnology and engineering assets as they run corp is going to spend the proceeds on a new investment fund to buy into foreign assets russian technologies controls twenty five companies including russian helicopters and titanium giant. the turnover on the russian stock market last month was a record for all guest equity sales the ten largest brokers on the my sex organs doubled the usual value to more than seventy eight billion dollars brokers say they are benefiting from an increasing number of clients who are rushing to buy into the market after the heavy sell off that month. and rushes seen its first monthly fall in prices in six years consumer prices fell point two percent in august lowering inflation for the first eight months to four point seven percent analysts say the unexpected result was due to a good harvest and slower economic growth russian prime minister vladimir putin says he expects consumer prices to grow eight percent all the normal this year and the headlines are next with do stay with r.t. . the louis. oosthuizen t

technology it's going to hive off its main subsidiaries in an i.p.o. in four years time analysts say it will most likely also electronic ayatollah's g.e. and engineering assets state from corp is going to spend the proceeds on a new investment fund to buy into foreign assets russian technology is a false twenty five companies including russian helicopters anti-terrorism giant is something of the smart. ok but for upstart the business stories you can head to our website archie dot com slash business. because. you. feel. to them it. just seemed to. please. the be. the big. thing and thanking.

technology says it's going to hive off its main subsidiaries an i.p.o. in four years time analysts say will most likely offer elec tronic biotechnology and engineering assets as they run corp is going to spend the proceeds on a new investment fund to buy into foreign assets russian technologies controls thirty five companies including russian helicopters and giant hero. and turnover in the russian stock market last month was a record for august sales at the ten largest brokers on the mice almost doubled to the usual volume to more than seventy eight billion dollars brokers say they're benefiting from an increasing number of clients who are rushing to buy into the market after a heavy sell off that month. that's over me could draw my colleague julie bulk of the she'll be here in around fifty five minutes time to bring your business out there like the next. the old wide manhunt for him lasted for fifteen years. and one million new mobile org was promised first come. little miss murphy in the west. generally the service.

biotechnology and engineering assets the state from corp is going to spend the proceeds on a new investment fund to buy into foreign assets russian technologyontrols twenty five companies including russian helicopters anti-terrorism giant is something of the small. ok that the business stories you can head to our website are two dot com slash business. thanks. for coming to. the. field. to be limited to just say the best six years and. if. i am a. female athlete. we've got. the biggest issues get a human voice face to face with the news makers. oh again you're watching our t.v. and here's a recap of the main stories we're covering today backing on a sanctions that you use or the bargain was syria could backfire as energy firms cash in for another two modest if you will give losing its condemning. southern europe braces for a stare the anger as italy and spain try to push through more savage on the arduous efforts to save greece appear to be tackling. also turkey suspends all trade and military ties with israel as we will consent to a new low because israel won't apologize for killing activists at last years of gaza flotilla raid. and put in

technology programs at the night digital media center at uc-berkeley. next is the managing is theidd -- managing director at idd ventures sf. nexus' the editor in chief of marketwatch.com, part of news corp. -- next is the editor in chief. the co-founder and senior community manager of oakland local, a nonprofit media that promotes public discourse on issues. in the front row is a media analyst, who publishes an was a key developer of the mercury center. next to him is an assistant professor of broadcast and electronic media at san francisco state university. next is the managing editor for local news at -- i'm sorry. he is not at yahoo!, right. he is editor-in-chief of patch.com, a division of aol that provides news to specific communities. very local. after him, we have the managing director for local news at yahoo.com, guiding the company's local coverage nationwide. last but not least is the senator who represents san francisco and san mateo counties, and he is the recipient of spj's freedom of information award in 2010. that is our panel. back to you, rose. >> before we start, i want to get a sense of who we have in the audience. how many of you currently work in the media? lots. ho

host: tom mcmillen is the chairman and ceo of a homeland security capital corp., an international provider of specialized technologyased relief and security solutions to government and commercial customers. back to the phones. the next call from washington, d.c., an athlete. caller: i just had a couple of different points. being a former player, i understand that there are a bunch of different profit centers that the school profits from that is not just the game or the ticket sales, would they sell at the games, and when you sign on for a scholarship, you signed away the rights to your name. even after you leave, they still make a profit over whatever merchandise they have with your name on it and you get nothing. whether you make it to the pro's or not, and a big percentage of student athletes do not, they have nothing to fall back on. granted, you do have an education, but when you look at the numbers of how much they generate, especially football and basketball, there is really no balance or no equality there. host: where did you go to school, what did you play, and were you on a scholarship? caller: i went to f

rise to oppose the taking of the $1.5 billion from the advanced technology vehicle manufacturing account to offset a portion of the army corps disaster needs estimated to be $2,256,000,000, instead of declaring this matter an emergency. i do think as a matter of policy this institution and the congress as a whole needs to have the fortitude to understand that we have natural disasters every year and we need to set aside moneys to fund those and not to take money out of investment accounts that create jobs in the united states of america. we have two problems that we're discussing today. one is a natural problem. we have had tornados, we have had floods, we have had hurricanes, we had an earthquake, we've had wildfires. so what is new? the fact is in every year, save two, since 1997, the congress has recognized the need for emergency funds to respond to the impacts of natural disasters on our nation's water resources infrastructure. since 2001 the congress has provided more than $24 billion in emergency funds to the army corps of engineers for this very purpose. and according to the corps of engineers we have spent $5.12 bill

rise to oppose the taking of the $1.5 billion from theadvanced technology vehicle manufacturing account to offset a portion of the army corps disaster needs estimated to be $2,256,000,000, instead of declaring this matter an emergency. i do think as a matter of policy this institution and the congress as a whole needs to have the fortitude to understand that we have natural disasters every year and we need to set aside moneys to fund those and not to take money out of investment accounts that create jobs in the united states of america. have two problems that we're discussing today. one is a natural problem. we have had tornados, we have had floods, we have had hurricanes, we had an earthquake, we've had wildfires. so what is new? the fact is in every year, save two, since 1997, the congress has recognized the need for emergency funds to respond to the impacts of natural disasters on our nation's water resources infrastructure. since 2001 the congress has provided more than $24 billion in emergency fundso the army corps of engineers for this very purpose. and according to the corps of engineers we have spent $5.12 billion o

] [captions copyright national cable satellite corp. 2011] >> tonight, at the house energy committee investigates federal loans granted to solar technology company. robert zoellick discusses the world economy. in 2009, solyndra receive money in federal loans. now they investigated it this position -- the decision to grant the loan. this part of the hearing is just under three hours. >> good morning. we convene it this important hearing of the set can maintain -- on the said committee to examine the white house office of management and budget in review and subsequent restructuring of the $535 million loan guarantee to solyndra. the obama administration has touted this as the savior for our faltering economy. solyndra was the first guarantee issued by the obama administration using stimulus dollars. officials held out the company as a shining example of how the stimulus was creating jobs and invigorating the economy. two years of receiving this half a billion dollar loan guarantee and six months after doe restructure the deal, solyndra has closed its doors and file for bankruptcy. fbi agents raided the facility last week. one of our witnes