tv [untitled] October 11, 2011 2:01am-2:31am EDT
ten am in the russian capital you're watching r t with marina joshie. let's take a look at those stories in more detail now reshuffling the world's arcade political stage russia's vladimir putin and his chinese counterpart are looking to lay the first breaks in beijing today for mayor space to now development and anna g. there is much on the table for more on the much hyped meeting and what's at stake let's now listen to r.t. is marina casa room. first of all it's important to mention that this is prime minister vladimir putin's first visit since announcing his cabinet see in the upcoming presidential elections and this i'm a signal a change in focus for russia for many years the west has been dominated the political stage for russia china's economic progress may have moved in the sense many analysts are saying that the strategic partnership between the two biggest and
fastest growing economies in the world could shift the power balance in the world now both nations have supported each other throughout the years on issues related to sovereignty security and development they also have similar political views and we've seen this just recently when both of them a veto the european drafted u.n. security resolution which was condemning syria and was suggesting that it could face sanctions if it continue this crackdown on protesters both the countries are also members of the brics alliance along with india brazil and south africa and the concern of the economic uncertainty in europe and the u.s. have seriously undermined the dominance all of europe and the u.s. all of the world political stage and it has cleared the way for emerging powers such as russia and china you know both countries are also important partners this
year china has climbed the back up and passing germany and it's now russia's number one trade partner and actually. said that he expects that number this year could reach seven be a billion dollars and by twenty twenty that when that number to grow to two hundred billion also the russian prime minister today is expect that's a sign as sweeping cooperation on technical modernization that what this means is that china will benefit from russia's leadership in nuclear energy space and aviation now russia on the other hand will take advantage of chinese superiority. high speed rail transport power generation equipment and alternative energy production and of course this meeting comes as both countries celebrated ten years since they signed the treaty of good neighborly ness and friendly cooperation and just recently president meeting with a good have said that he's happy with the steadily consolidating bilateral trade economic scientific and technical toys and officials from both countries have
actually said that this is the best their relationship has been in years and today will of course be another opportunity to strengthen that. now joining me is dr chua a senior research fellow at the skolkovo institute for emerging market studies in a big let's talk about this in more detail now so while the young going financial storm has hit the united states and europe both remain incredibly powerful so how do you see the russian china's challenge in this context is it too premature or too ambitious. well the global financial turmoil of. both china and russia for sure. especially china depends on foreign trade very much so one can imagine that the demand from both the states and the european
markets would decline. as well as. the resource and the commodity suppliers like russia. but i think of the economic fundamentals of russia both russia and china still very strong. have a lot of. changes in terms of the economy and china i. guess the natural gas with russia very much and also russia needs to explore more markets. east for its voice exports and also this. great potential to call pre developing new technology. and the and into effect of two so so yes i think the global big but the global environment we were in effect this to come to but i would think the economies of
both countries in the media and. a pretty very healthy well speaking of cooperation as we now trade and similar worldviews form the foundation of the growing ties for the two countries at the moment but in your opinion is that really enough to form a united voice. you mean you mean unite you wars between china and iran and russia that's correct right i mean currently when people talk about what you can do that and also. the relation between china and russia the you really focus on the economic cooperation i think. there's a great potential for this two countries to form even closer union. in the international affairs. political cooperation etc so. i would see when they call corporation intensifies there were have
a lot of potential and further space to explore in terms of. setting a closer relationship between these two countries what is likely to be a reaction to what is a likely reaction from the united states and europe to strengthening ties between political or economic between china and russia. firstly they will be concerned believe i mean there's no doubt that to develop to come to stay with a dominant force in a war much of the rise of the morning market is represented by china russia and also in the end of the rebel have the potential to change the war landscape in the fundamental way so geographically speaking china and russia has every reason to actually to form a closer pact. in dealing with. mutually interested international affairs so certainly the united states as well as the european
continents and the developing countries there would be concerned about this dramatic change in power in both the economic landscape and the political landscape of the war but i don't think of you could do anything to reverse this trend or. to change this this past. the markets. will rise and it is happening. well as we know russia and china are part of the group called brics what can you say about the dynamics in this group given the fact that their relations between say china and now there are a break. india are not always very. smooth so what can you say about you know this group is a turning into a political group rather than the economic one. indeed the concept of bric
countries has been why the accepted i don't see. now is people you really consider it consider you konami power tools because all the four big emerging markets you call them a growth very fast and they had similar you had to have similar interests in number of international discussions so indeed this group will have the potential to change the war on the mentally. in not only in the morning economy by the also in the political. landscape of the war but currently i don't think the group can be called a political union yet. actually they cannot make a corporation. needs to be further intensified. seems to
think of china is more like a competitor rather than a partner still indeed it. needs further. further cooperation coordination is being in the economies economic development. political in the. states so. there is a long way to go for this war to become a close or. to make a war if you know war. if you are looking at next five years will this happen become a reality. i think the chances reasonably high dr bhaji coo a senior research fellow of the for emerging market studies in beijing thank you very much for talking to us and sharing your views with us here in the program. to
other stories now here in our team ukraine's former prime minister yulia tymoshenko will face a court verdict later on tuesday she's on trial over charges related to alleged dodgy gas contracts with russia i just like to hear she ask you looks at the case which itself faces allegations of being politically motivated. the biggest trial of the decade. the court is expected to deliver his verdict on. the country's former prime minister being accused of several economic crimes one of which according to the prosecution that. deals with. two thousand and. forty billion dollars in law. course the main point which is being speculated right now is whether you will go to prison. now.
this is the worst case scenario for her but at the same time there's been lots of criticism coming from the european union. and many experts believe that the freedom may be exchanged for the possible integration with the european union. expect. to get five years suspended sentence she will be set free but she will be unable to run for parliament next. election and certainly this will automatically rule her out of the twenty fifteen presidential election. has been very. several months with those. against her protesting here since the end of july the beginning of one of the deputies. of the day when the. verdict would be voiced by the judge in this court. on
the streets with the support just clashing with the police. here. and. telecom of the program more cities in the u.s. join the anger business. party reports from the west coast were l.a. becomes one of the latest scenes of protest in the occupy wall street movement. in the euro zone as a go at ising really close to accepting a new bailout plan for debt strapped nations but the final step could be a tough one tiny slovakia is a stumbling block the last country to ratify the agreement and push the deal through the sarah firth has been following the story. greece might are being smug bang at the center of attention recently because the euro is in crisis rumbles on and other member states are being offered to vote on the european stability fund we
take a look at how these other countries ok playing with the pressure all eyes are on slovak here today to see if politicians who vote positively on the european stability fund to aid ailing countries like greece as the last member state to vote slovakia's decision is crucial but take a look at this t.v. ad for a populist slave beer it announces to want to borrow from everyone that is greek not wanting to lend to grace that is slovak a tongue in cheek has captured the mood of the people here perfectly. here is not a rich country we need money for our health care system harmless for our elderly. as the second poorest country in the year is a new reason why they should help bail out the richer nations who they view as having spent more than they could afford and political dissent is met there is uncertainty about whether the leading coalition party will be able to get the votes
they need for the bailout funds to go ahead the approval of all seventeen countries that use the single currency is needed. to require a member. or not. i see there's a strong pressure from from other european countries and. probably too weak to resist if it does have preferred the plan slovakia would be expected to contribute about seven point seven billion year a to the pot which would taste about four hundred forty billion euro but with year easing countries like spain and italy taking increasingly unstable many critics are saying that even this will not be enough to deaden every so often. the final solution to the problem and they say it will take these measures but this will be the end of it and it's like the end of the tunnel that will come out and
what we see is an endless. austerity leading to more depression. leading to more measures need to move depression and people realize now that you've got to break out of that despite facing an outpouring of public discontent germany managed to post the measures at the end of last month but in survive here many have remained strictly a pays to boosting the fund that taxpayers paying a penny. the. situation is not sustainable in greece. amounts to be pledged are so huge that it really doesn't make sense and it doesn't make sense to close them and i think this is like politicians we all see that there are also other alternatives but look at the czech republic they don't have euro they are doing quite well they don't need this common currency and at the same time that they don't have to pledge money and some loans to other countries the decision of the small member state today could have a big impact on the plans for the bailout fund but as the debt crisis continues to
be felt in the richest member states to the poorest is no global concern about just where this is going to and. athens. we're trying to live from moscow and if you want to catch up with our news stories you can go to our t. dot com for more up but here's a look at what's there for you now. the siberian search for the secret of the sasquatch an expedition has out into the wilds of russia to find out if big food really does exist. in the inventor of the iconic a k forty seven wins a case in a swiss court after the name of the spade was a kalashnikov rifle comes under attack from and drinks company. it started on wall street but the movement of people who say their lives have been ruined by bankers big business and government is spreading across the u.s.
and beyond over a thousand protesters hit the streets of los angeles joining the occupy wall street activist who started the movement around a month ago in new york has the story from away. protesters took over a bank of america branch in los angeles and were willing to get arrested in order to send a clear message to wall street he was to say that good things can go you've stolen all the money from the land and we. want to have two thousand people have taken to the streets of los angeles now in this room in a group of people from occupy los angeles in solidarity with high wall street and we have here people who have just been foreclosed on plenty of police here in force in order to keep this crowd in check the anti-corporate mobilizations which started in new york are spreading and now some of the most affected by the nation's
economic crisis are joining in rose goodell received an eviction notice after falling behind on her mortgage payments i was a worker and was told that i was i have heard nothing. but that also knowing my pay she believes that this type of political action will bring results they've been really governing out of place i might just take you and there has to be to stand and i think this is the stand that just the united way from struggling homeowners to the unemployed people of all walks of life are becoming in bold and by the recent street demonstrations we have to go. to my job to do they cannot make. that if i ask me to have your side of me and used to work at an auto parts plant he is part of the four point five million people who have been unemployed for more than a year now this father of two is struggling to hold on to his home diverse groups
have made up the mobilization in cities across america in recent weeks as more people become inspired to vent their frustration with our financial and. political institutions that is that oh. there's still uncertainty about whether these protests will cause direct change or whether other self interested groups will try to capitalize on the popularity but it appears that the financial state of the nation has helped motivate americans to take democracy to the streets all right all right ok brothers and sisters in the struggle i'm. in los angeles ramon the lindo archie and samaritans world according to the song but maybe not for much longer scientists say males are on the road to
extinction as they are gene slowly fade away and with the whole world adding for a fully fledged sperm crisis russia who would be affected the worst and most parties are bush call reports. this is this spam horror two heads three tails or an inability to swim are becoming almost the norm for modern men sperm strange what used to be perceived as infertility is now very different twenty years ago two hundred million bibles bamber militar was considered normal today fifteen million is enough but proper sperm studies are not easy and haven't ever been conducted in russia until now that is a girl enough was among the first on the to find more than half of his fellow countrymen sperm didn't meet world health organization standards. our study revealed not only quantity but the quality changes among russian men as their sperm literally swim in a toxic soup
a whole range of poisonous substances including lead can me and and even mercury was found in there of semen and that's not all. it's been noted recently that any kind of stress such as war terrorist attacks a polluted environment at least a few of boys being born and more girls proving that the male chromosome is more vulnerable to outside influences and fewer men now means even fewer down the generations just look at the sea of ribbons at the start of a new school year and it's clear girls in russia outnumber the boys. this may be agonise have five girls. with the eldest we are now we simply wanted a baby never mind a boy or girl when i got pregnant with twins psychics were there were boys and even advised the names at a german fair that now there are many lisa and this one older has been a guarantee to my feet and only maria was maria from the start i was happy to have another girl i would know what to do with a boy now. a big happy family but when these girls are ready to start their own
families will discover russian men are gang out faster then in any other country the total extinction of them may still be far off but the levels off the stuff around that you can find in places like this may soon become a rarity with growing mortality rates and life expectancy of russia from being a step guys are that. this village with the an usual name of girls has seen better times when men from the village of boys across the river kept them company now only the girls are left. they say hire someone to do the stuff but who's there to hire. men in russia lived to sixty years on average women seventy two that twelve year difference makes the russian life expectancy the worst in the world and while scientists around the globe wreck their brains to save the human male russia's been doing little to preserve its man. there are no national programs
aimed at men's health the chance of a russian man dying prematurely is twenty times higher than a man in europe such as the consequences of the social and economic stresses of the one nine hundred ninety s. in russia as well as smoking and drinking and now that local scientists have raised the alarm there might still be a chance that russian men will be around long enough to once again take their lead . r.t. moscow. well to an average away video is here with us where the latest business update. thanks merida russia and china are creating a joint investment fund are worth up to four billion dollars the deal will be sealed during a russia's prime minister putin's visit to the world's second largest economy and startup will be jointly run by the russian direct investment fund and china investment corporation each have already allocated one billion dollars for the
project to be seventy percent of the fund money directed to be invested in russian former c.e.o.'s countries it's planning to start work early next year. russia looks likely to post a budget surplus this year high crude prices are balancing state spending which has risen in an election year the relatively healthy outlook is likely to continue in twenty twelve and less oil prices crash as the us live from deutsche bank explains . even with a significant increase in first call spending ahead of the elections at the end of this year there is a very high chance that russia will have a moderate but still a fiscal surplus by the end of this year in terms of the year two thousand and twelve the possibility to attain a surplus is also there obviously oil prices will have a lot to do with that but my sense is that given that we're going to be and the
postal the troll fiscal landscape after the elections is going to be easier to control fiscal spending and that i think bodes well for the team and relatively good fiscal outcomes possible even in the positive zone with regard to the first next year. because of the markets. prices are slike the heading down there correcting after monday's rally light sweet is down five cents this hour brant is one hundred eight dollars seventy six cents per barrel. asia is rallying following a bullish session in the states banking shares soared in hong kong and it's off to china's state run central luigi an investment board shares in the country's so-called big four banks and this believe this could be an effort to stabilize the financial system bank of china is up nine percent china construction corp seven percent higher this hour. take
a look at the opening picture in russia and of them it's a mixed one the obvious is up just a point two percent to my six down point two percent some markets are looking for some kind of direction after the very positive session on monday. and the russian bourses will be allowed to continue working during the two weeks new year holidays from now on the decision is aimed at avoiding capital at the end of the year as as well. trading mispronounces with global markets. the outlook for russian equities remains mixed bastareaud the national capital believes it might be reasonable to start placing bets on europe's beginning to solve the crisis the market this week is going to be focusing on what merkel and sarkozy said at the weekend in fact they promised a comprehensive package to underpin the banking sector in europe and as that is what's been driving all the negative sentiment we've seen in the last several weeks
some hope that we could see some kind of resolution to that i think will help to support the market valuations are extremely cheap i think right now you see you see some of russian stocks trading in multiples that we've not seen for a very long time i think for the bra eve have for those that are sitting very much in cash at the moment perhaps it's time to take a little bit more risk on board because if there is any hope. you can try and draw a line under the european banking sector then this would be an excellent entry point into russian answers the headlines are next with marina.
welcome back you're watching are two live from moscow these are the top stories the fusion of a new global voices ages two biggest giants russia and china build a union to challenge political domination of the western world. ukraine's former prime minister yulia tymoshenko is found guilty by the accord of abusing her authority while signing gas deals with russia. slovakia holds the fate of the eurozone bailout in its palm with a government vote with threatening to veto the new beefed up fund for debt laden european economies. next r.t. talks to mark anderson's former chief accountant for the european commission she says that brussels only cares about propping up the idea of the e.u. however a much the budget grows her.