of u.b.s. america so he's in cahoots with them u.b.s. is also as we covered just two or three episodes ago they were involved in rigging libel rates. that's right. that's right u.b.s. they're involved in of course a whole panoply of financial scandals and frauds of course after they bought paine webber my old firm in new york and the money launderers in washington in london decided the there to be a good way to take switzerland out of the money laundering business and now we've got that money laundering that we saw in switzerland has moved to london and good old united states of america ok so again we've just said that mary shapiro say these guys didn't have short term memories i don't know what it is maybe it's the drink of the drugs they take on wall street i don't know has nothing to do with our not enforcing the law well then they go on to houston consumers were supposed to get lower electricity rates from deregulations instead max they pay some of the nation's highest prices partly because of bonds goldman sachs group recently sold

decision by gas from last week to help prices for european customers by ten percent moxy must go from u.b.s. believes the russian gas monopoly will have to offer more concessions if it wants to remain competitive intimated to the season because you have to somehow. sustain your market share in the environment side by turning to your side and they said don't give south cheaper and more flexible as you can provide so then you should sub from the situation at least ten percent of it just cover a pretty percent of the total exports i guess for your question was eighty percent remains so then potential is ten percent is what gift was ready to provide to put you to get to put away the customers for the biggest customers. are the headlines are next with building stay with us. sometimes you see a story and it seems so you think you understand it and then something else you hear sees some other part of it and realize that everything you. are welcome is a big picture. it's all designed to keep you close in your. world as a prison. you know you leave somebody in there for a couple hours like in a stre

decision by gas from last week to cut prices for european customers by ten percent moxy moscow from u.b.s. believes the russian monopoly will have to offer more concessions if it wants to remain competitive. the more you season because you have thought. sustain your market share in the environment there are some i couldn't your site called me and they said drink yourself cheaper and more flexible as you can provide told n.p.r. of the outcome of this situation the sooner we just cover a pretty percent of the total exports i guess will be all the question was eighty percent that remains so then potentially this ten percent is what gives them with a way to put you to get to but i pull out the customers for the biggest customers. for more business news there's a website forward slash business we have all stories over that where you can join me in fifty five minutes time i'll be here with that. you're. it's the first see. the eat. them it's. just split it's the best spirit to get some other. mug. this is. the u.s. and nato countries support of syria's opposition is driving the nation into. was

from u.b.s. believes the russian gas monopoly will have to offer more concessions if it wants to remain competitive insulated the more you season because you have to somehow. sustain your market share in the environment so i'd like to visit during cheaper and more flexible as you can provide so then you should be out of this situation at least ten percent of it just covered a pretty percent of the total exports to the euro the question was eighty percent remains so then potentially this ten percent is what gift was ready to provide to put you to get to put away the customers to the biggest customers. and so for now we will be back in fifty five minutes time with an update meanwhile you can always check our website our forward slash business for all of our stories stay with us. you know sometimes you see a story and it seems so poorly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know

a decision by gas probably week to cut prices for european customers by ten percent now much from u.b.s. believes the russian gas monopoly will have to offer more concessions if it wants to remain competitive. insulated the ball you season because you have thought somehow. sustain your market share in the environment where are your cycling and he said don't you cheaper and more flexible as you can provide so then you should sub the out of the situation so you spent the sin of it just covers the pretty percent of the total exports i get from your the question was eighty percent that you made so then potentially this ten percent is what gets done with you to provide to put you to get a better way to other customers for the biggest cost of our business as he will be back in fifty five minutes time with an update the headlines are next with karen to stay with us. guitar sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm charged welc

decision by gas from last week's a cup prices for european customers by ten percent moxy much more from u.b.s. believes the russian gas monopoly will have to offer more concessions if it wants to remain competitive. insulated the body season because you have to somehow. sustain your market share in the environment. and be said to have so cheaper and more flexible as you can provide so then you should be out of this situation at least ten percent of it just covers pretty percent of the total exports of i guess what do you the question was eighty percent that he made so then potentially this ten percent is what gets them is really to provide to you to put away to other customers to the biggest customer that's all for now we'll be back next hour in the fifty five minutes to bring it up they do say without even the headlines with carol . wealthy british style. is not on the time. markets why not come to. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report on our. mission free accreditation fr

decision by gas prom last week to cut prices for european customers by ten percent maximum score from u.b.s. believes the russian gas monopoly will have to offer more concessions if it wants to remain. insulated the ball decision because you have to somehow. sustain your market share in the environment for your cycling and they said to yourself cheaper and more flexible as you can provide so then you should be out of this situation at least ten percent of it just covers the twenty percent of the total exports for a bag of the euro the question was eighty percent remains so then potentially this ten percent is what gets them is really to provide to you to put away to other customers to the biggest customers so for now business r.t. is back next hour with an update in thirty five minutes time. all. wealthy british style but it's america that's not on the tires on. the. markets why not come to. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune in to kaiser report on. the. blind rush is going to be so much

current says it's stronger versus the dollar on a bit lower so the idea right alexander friedman from u.b.s. says keeping money cast is not without risk as current says don't you know race to the. message just to be very diversified because there is essentially a battle of which is the least ugly of the ugly major currencies and they're all pretty ugly so the euro has got a lot of structural problems we're all aware of until there's real fiscal integration and united states has a long term big structural challenges on its debt side but i think the u.s. dollar looks much more attractive than the euro over the next six months at least and we are ugly current days are we back in about fifty five minutes of. it's. download the official anti application to all the phone oh i pod touch from the i choose ops to. launch all life on the go. video on demand parties in line build costs and r.s.s. feeds now in the palm of your. questions on the dot com you know sometimes you see a story and it seems so for langley you think you understand it and then you glimpse something else and you hear or see some

is mixed against the main current this is don't give us the dollar to the year xander freeman from u.b.s says keeping money in cash is not without risk as currency is indulged in a race to the. mischief just to be very diversified because there is essentially a battle of which is the least ugly of the only major currencies and they're all pretty ugly so the euro has got a lot of structural problems we're all aware of until there's real fiscal integration and united states has a long term great structural challenges on its debts but i think the u.s. dollar looks much more attractive than the euro over the next six months at least. ok about so for me today i always see a friday good weekend day dimitri medvedev why do you believe he's coming up next about fifty five minutes he'll have. issues the same us yard sale if i go down heard him or something. to some even new boss same as the old boss this could very well describe what has happened in yemen uncontested presidential election what does the future. hold. wealthy british style rolls sometimes guys. and. markets find time to find out wh

freedman from u.b.s. says keeping money in cash is not without risk as current says don't you know right to the core said mr just to be very diversified because there is essentially a battle of which is the least ugly of the only major currencies and they're all pretty ugly so the euro has got a lot of structural problems we're all aware of until there's real fiscal integration and united states has long term big structural challenges on its debts but i think the u.s. dollar looks much more attractive than the euro over the next six months at least. russia's largest internet company has reported a fifty three percent increase in earnings for the second of twenty eleven it's benefiting from attracting new users and selling premium services however it expects a slowdown in growth this year following a signal for calls by russian rival that very. well so for now to i'm a fifty five minutes. to find out the business to join me come back. culture is the same us you are going to if i can no longer any one of th

at u.b.s. i was of course i'd never dared to go to such a place and why are. you going with a group is a different thing. besides the experience guys took a look at the route beforehand and said we should be able to make it. dimitri ran into problems assumes the cars left the highway and the next five hours were very hard however his fellow travelers tell him it's the only way a rally across tiger is a real test but for the driver and for the vehicle. adrenaline is pumping the car is stuck the wheels are spinning and the terrain is getting more and more difficult now the participants will all experience the shot shapes of traveling off road through the siberian tiger the crews will help each other out if not many of these cars will end up. abandoned in the swamps forever by the time the convoy arrives it is already late but the drivers for go exhaustion and start repairing their vehicles right away. no i probably wouldn't want to come every year because you need some time off but almost it's a very intense kind of experience. early in the morning while the cam

a ruble versus the dollar and just around five kopeks versus the euro now alexander friedman from u.b.s. says keeping money in trash is not without risk as currencies indulge in a rich. message just to be very diversified because there is essentially a battle of which is the least ugly of the ugly major currencies and they're all pretty ugly so the euro has got a lot of structural problems we're all aware of until there's real fiscal integration and united states has a long term big structural challenges on its debts but i think the u.s. dollar looks much more attractive than the euro over the next six months at least the headlines are next on r.t. do stay with us. culture is the same us you are going to go if i go on hurting them or so because we're tough to some even new boss same as the old boss this could very well describe what has happened in yemen after an uncontested presidential election what does the future. use today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations to rule the day. seven thirty pm

currency has reached its highest level against the world in six months and it's not a free one from u.b.s. says keeping money in cash is not without risk as currencies in dollar general race to the bottom. mr just to be very diversified because there is essentially a battle of which is the least ugly of the ugly major currencies and they're all pretty ugly so the euro has got a lot of structural problems we're aware of until there's a real fiscal integration and united states has a long term big structural challenges on its debts but i think the u.s. dollar looks much more attractive than the euro over the next six months at least. if you own a jag you are in a big countryside cottage in russia be ready to pay more tax the country's economic ministry has unveiled the terms of a new luxury duty which could be introduced as soon as next year now will apply to real estate starting from one thousand square meters on to cars with a capacity of two hundred fifty horsepower and over economic ministry says it shouldn't apply to more than ten percent of russian citizens now also no details on what

said moody's is worried about everything in investment banking and speaking of worries art cashin of u.b.s. in his note this morning says traders are worried about a greek default but they're really worried about what happens and credit default swap markets we we thought everyone was perfectly hedged so what kind of risk is really lurking in the u.s. banking system and what could it do to an economy that sputtering along here in the u.s. as for why we're buttering along henry blodget c.e.o. and editor of business insider has a message to send big multinational corporations today to make his point he writes dear wal-mart mcdonald's starbucks how do you feel about paying your employees so little that most of them are poor how did we get here from the days when henry ford decided to pay his workers well enough that they could afford to buy his cars and once a solution henry blodgett is here he's also author of the wall street defense manual a consumer's guide to intelligent investing he's going to break all of this down for us and first of all thanks so much for being here welcome to capital