tv [untitled] December 25, 2012 3:30pm-4:00pm EST
building client natalee also lost count of all the weapons she's fired over the past twelve years but i got so used to it sometimes my friends ask me to join them at the rifle range and i say no way i'm so tired of shooting. the plant's history goes from making firearms during world war two to ballistic missiles from nuclear submarines during the cold war the bulk of the soviet industry was moved here in the 1940's to flee the advancing germans so if you were also became the heart of soviet military production closed off to foreigners for half a century it thrived on the message of the soviet military when the u.s.s.r. collapsed but life here was shaken to the core but some adapted to better than others. this is the fuel truck factory russia's number one truck maker look at how well the workplace is organized everything's gone to make sure the workers don't waste time waiting there was production is booming the factory
has largely managed to get on to civil rails least johnson's sold around the globe here but it's a brand new be no way for him to be delivered to acquire seventy trucks like this one roll up the bronx conveyor belt every day look at about this things that absolutely huge. well i'm no formula one pilot but hopefully if i can get that. try. to get one of these to travel to work every morning let's with the cost of about forty thousand dollars i should start saving money.
on a warm welcome to business r.t. with me dmitri medvedev and co a large loophole has been discovered in greece's tax system and battled money amounts to twenty eight billion euros per year and that's equal to around fifteen percent of the troubled economies g.d.p. the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what the country but apparently the fund believes it is impossible to return all of that money and suggest to write down fifty percent of this same time it's also adopting a law to automate the system suggest adopting a law which would be ducked the necessary sum from the embezzlers bank account. rise quickly take a look at the markets it was a very very quiet day of course most market closed two steps forward one step back for russia's ruble it has lost around three quarters of watergate and on monday against both the dollar and the euro now on the russian markets it seems not
a creature was stirring not even a mouse russia traditionally celebrates christmas on the seventh of january so tuesday was a working day but because it was pretty much the only market trading very little activity and thus the flat and mixed results but lukoil managed to gain around half a percent now the company managed to acquire the license for the last of the major oil fields in russia the company paid one point seven billion. dollars for the field in west siberia the field which was discovered back in the soviet times almost two hundred million tons of no known oil reserves and therefore bears the status of the federal or field russia's pipeline monopoly trans never has launched the final phase of the e.s.p.'s the siberia pacific ocean well pipeline it will now directly send from siberia to asia the multi-billion dollar project that has worried the e.u.
as it is a sign that russia is turning more towards the east in its energy strategy that outlook of course. this is russia's largest infrastructure project in the country's modern history it took tranced after six years and more than twenty five billion dollars to build the pipeline the extended pipeline now connects siberian oil fields and a port on the pacific ocean and it means that russia will be able to increase its all the exports to asia one of the most dynamic global markets the us china and japan that consumer most oil from the e.s.b. all pipeline will now be able to buy even more but the raiders say that the pipeline capacity will be increased to fifty million tonnes a year in the future from the current thirty million tons this will be almost as much as russia's western pipeline is pumping to europe for over russian oil exports to europe arctic reasoning according to trans data they will continue to decrease
in the first quarter of the next year but that's because they don't know they're just part of that experts say that the european commission doesn't really concerned about the fact that russia has diversified its next part channels and it will be able to shift its priority markets from the west to the east. finally this our habits and tastes for christmas gifts are changing the most popular gift this year according to the financial times is not a dollar a toy truck or even a video game and everything in one a tablet computer now analysts predict that kids as young as three year olds will be grasping onto. kindle fires at skyrocketing rates now that is creating quite a stir for giants like mattel and hasbro although they prefer not to say that because some analysts are lowering their forecast for fourth quarter toys sales
county estimates about one point four billion dollars for hasbro and two point three because the first three quarter. actually pretty disappointing but companies at two giants however have started adapting to this tech trend with hasbro for example making an app for the ninety's the hits a plush toy furby available for download for free. right that's all from us for now business team or not it wishes you were very happy christmas now after the break in case for much treasury chief who talks of money on odyssey and whether his scottish homeland should break from britain. tucked in between the russian mainland japan and the sun coming island is the island of minute on named after french seafarer who discovered it it is described
as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of the boarders own and was completely restricted to visit is now this picture this place is open to tourists unique plants and animals are its top attraction. really has been exploring the deaths on the world seas for several decades but it's here at more your own island where he has finally found what he's been looking for those that are supposed to be the most the water here is very clear the visibility is very good and the underwater world here is a extremely rich i've been to many diving locations across the planet including the island of bali but mine are on tops my list. while some go to the region to enjoy the sights others convert the nature's riches into
a healthy dollar it is home to the biggest seafood processing factory in russia the tonight. hundreds of thousands of tons of fish get caught in the nets too late to produce delicious. and necessary attribute of anything. the owner of the enterprise good fishing season can bring in more than one hundred million dollars net profit. this is. mentally. operates in only and natural habitat and mild climate unique natural sights and delicious seafood. for a diverse holiday for those who are not afraid to travel ten thousand kilometers from europe the question is whether this distant land would ever be able to become a major tourist destination.
deadly rivals the decades. if good fifteen thousand people killing each other in any other country there would be diplomats there would be mediators. self-imposed out costs from society i will protect myself chemical attack my brother you understand my one time it means you know i'm going to basically attack the cops of my anger and my frustration. that. well into the territory. two of the most violent gangs in u.s. history. is just all model kill or be killed with the colors matching the national
flag. but this country uses violence when it reaches and then it legitimizes the violence they are made in america on the odyssey. more news today boylan says once again flared up. and these are the images the world has been seeing from the streets of canada. trying to corporations are old today. wealthy british style. is not on.
the. margins why now scandals. find out what's really happening to the global economy in keizer report on r g. today i'm talking to alistair darling labor m.p. and proud scots and chancellor of the exchequer at the height of the financial crisis after labor lost the election in two thousand and ten he withdrew from the front benches but now he's back as to darling thank you for talking to us first of all tell me what prompted you to come back to frontline politics i think the main thing is the future of scotland matters to me at the moment the united kingdom is over three hundred years old and its future matters this isn't a general election where you decide the government for four or five years and if
you don't like it you could only get another one this is one that if we decide to change you would decide to become independent from the rest united kingdom if something could last three hundred years it's for ever and i happen to think that it's one way ticket to a deeply uncertain destination that's why i'm involved in it so now you are a leading voice in the better together campaign tell me why are we better together i think the three reasons firstly there is the emotional the cultural ties that bind the united kingdom together i've riggs ample scottish and i'm also british and i'm proud of being both and i don't see why i go to choose and you know if you look at the olympics in the summer time i didn't change things in the last few betoken like that but it brought to the surface i think something that was already there a very powerful bond between the nations of the country secondly we have more influence of the united kingdom you were in the security council of united nations where major shareholders of the i.m.f. were major shareholders and. world bank in the european union it's
a large company at large countries that actually call the shots on the final thing the most important argument in many ways and bread and butter issues in the us economy we are better together because there are no barriers to trade north and south of the border if you take the financial services industry in scotland for example a lot of what it sells most of what it sells is into england so there are very very powerful arguments for staying part of the u.k. and on the other side when you start looking at the how humans put forward by the nationalists frankly they don't stand up so it's a very very you know it's in my mind is oh no we're overwhelming case has done it staying part of the u.k. the nationalist though do you have arguments for all those points don't they for example scotland does have its own very distinct national identity andy murray the tennis player he always says that he's a scot first information that he's playing for scotland yes and he's also british you know what you know and when he won the tennis in the olympics you know he was a proud british olympian as everybody else i am proud to be scottish yes we've got
our own distinct identity but we are part of the u.k. because we are better as a result of that you know we pool our resources we pool our risks look at how and when to scottish banks got into deep deep trouble in two thousand and eight and those banks together were far bigger actually than the size of the entire u.k.'s national wealth much much bigger than the scots is worth nearly two hundred times in terms of the total support they got so you know i understand it are still a struggle i just don't think it stacks up and when you look at what they're actually planning for example to have a currency union between the scot in the us the u.k. where you don't have to imagine what's going to happen look at the euro zone currency union it takes you back to political union you're not independent at all you're completely tied up with the rest of the u.k. so i understand their emotional arguments understand there are people who are deeply held reasons believe that's gotten a separate never should have got into the u.k. i just don't agree with that and neither i think the majority of people in scotland but you do admit that scotland. survive on its own economically it could but you'd
be very dependent or sea oil north sea oil revenues are for example worth about one to two percent of the ukase total income there are about ten to twenty percent of scotland's income so that you it's a volatile source because they go up and down and of course above all it's a diminishing resource because it's not renewable so you would be very heavily depend on the single source and how do you think westminster would feel about scotland turning around and saying all that revenue that comes from north sea oil and gas that purports to be in our waters that are now what is it westminster doesn't belong to you know one part of u.k. westminster you know it's happens to be you know where the u.k. parliament is but if scotland voted to leave the u.k. then there would be consequences and you know you could argue about where precisely the line would be drawn in the north sea as to how much oil was guarded and what much it isn't i think on any view most of it would be scottish but then we other things too there's a lot of for example civil service jobs in scotland that do work on behalf of
people in england that would almost certainly change if you take defense for example the shipyards on the river clyde in the west of scotland are very heavily dependent on orders from the royal navy and conversing of course a huge percentage of soldiers in the british army are in fact scotus so that's right but then you know of course scotland you know a country or a population of five million we have to decide what level of armed forces it was actually able to support or needed to support on and you know actually you've got this absurd thing where the nationalists after twenty years are saying that nato was an evil organization have no voted to join it with strings attached and yet they want to this got out of the british army and i just don't understand the logic of that alex salmond's the first minister of scotland and he's leading the campaign for an independent scotland what do you think of him when he's not actually he's appointed his deputy to lead it nobody knows quite why he should have done my guess is if he goes well you'll step back and if it doesn't you'll move away if he's an adept politician but if you look at. for the last few weeks the trouble he's got
into when his credibility was undermined when he led people to believe that he had a legal opinion saying we would automatically get into the european union it turned out there was no such opinion never been asked for and he spent thousands of pounds trying to keep that quiet that damages credibility equally can't many first because it had to come back to parliament apologized three times in the last three months for misleading the parliament he has done what he promised to do there hasn't he he said he would get a referendum and now it looks like cotton is going to get one well i don't think he ever wanted a referendum it was always going to be at the back end of the parliament and what's brought into sharp focus is the fact that you know the u.k. prime minister has said that will transfer the powers to make it legally possible to do it but if you look at their arguments over the currency which have changed three times this year it's obvious have not been prepared for this they just didn't think it was ever going to happen and i think most people in scotland actually it was always around the question of independence but it was never one of those things that people were actually you know desperate to have it was just there i think most
people thought it would never would happen what about david cameron who could be the man who presides over the breakup of a three hundred year old union why has this happened on his watch i don't think it's going to happen in provided we get our arguments across and obviously a lot can happen in two years and even the americans don't spend two years electing their president this is a long long campaign and we'll have to see what happens but i think we can win these arguments and you know we can win it was in scotland how much influence can westminster politicians particularly conservative politicians have on this process has got it obviously they have an influence but you know it is you know it's a fact that the conservators certainly been wiped out of representation in scotland for a long long time you know the they blew it politically in the one nine hundred eighty s. the never really recovered from that inevitably in a referendum will the rector in scotland the debate is largely going to be decided by you know voices in scotland and you know of course the prime minister entitle to a view and extraordinary. we didn't have a view on the matter but i think that our global production would be decided north
of the border let's talk about the economy now you were chancellor at the height of the financial crisis how do you think george osborne's doing now i think the mistake the new government made in two thousand and ten was to firstly trash confidence by saying the u.k. was like greece so we couldn't pay our way which is absolutely rubbish it's part of the ridiculous the second the state they made was to assume that they could eliminate all the problems we had in a five year period and the real problem is that if you have a policy of a sturdy first and foremost it's never going to work on its own and growth has been killed off which means your borrowing or your bets going up and you know the moment the government appears to run out of ideas as to how to get it going again this might sound to our audience like a slightly odd question but do you think that britain would be better or worse off today had it been part of the year is that in two thousand and eight and i ask of course because our budget deficit is still larger than the average euro zone countries is i think we've been part of the euro zone we would have been
a worse position because we didn't wouldn't have our own currency and we wouldn't have our own central bank and also you know i. probably should have stopped. have we been unable to export our way out of trouble i think is partly because of the depressed state of the world economy you know we sell a lot to america and america's growing but at a pretty low rate look at the euro zone where half of what we produce goes the eurozone is in recession and you know that ok the germans are doing
a little bit better than that but it's not surprising you know if you've got this sort of don't term that you don't automatically get the benefit you would expect but you know there's been a lot of discussion in britain by rebalancing the economy you know that's fine but it's very difficult to do it when that economy is in recession what do you make of the current debate about changing our status in europe what's the best case scenario do you think do you think that we should stay in europe should read leave europe or have it be just a trading partner what's the best case outcome what i think is nonsense the idea that we are better off leaving the european union just as i think scotland is better off as part of the u.k. i think the u.k. is better off as being part of the european union doesn't mean that we're not are an uncritical friend for the european union you know we're not going to join the euro zone i think there are big issues if the eurozone moves from simply having a banking union reserve currency all the rest of it to introducing rather protectionist measures and that that would be a problem but i think the majority of people in charge of opinion.
contributions for example what they want though is basically for us to be out of europe regarded as any other part of the world and i just you know when you consider that half of what we produce we trade with the rest of europe why put that barrier up and of course it can be arguments about you know the contributions and so on and the very serious argument we had as to how efficient european spending is because i don't think supranational spending is terribly efficient but the idea that the rich are part of a country or a group of countries help the poorer parts build up their capacity that's a not a new concept really the actual euro zone needs to practice a bit of that do you think that greece and to a certain extent other countries in europe are now paying the price for this
expansion of the. i think the issue is more complex than the greece should never got into the euro zone it just is not a comparable country to germany or france or anything like that i think though that that it that is the whole reason for its problems it of the greek government has not been honest about the state of its finances you know it has a public sector that is extremely large they have a difficulty in collecting taxes from people who want to be paying their taxes so there's all sorts of problems underlying that and if you take on the other hand to a country like spain spain was actually in surplus prior to this crisis it wasn't you know growth overspending but its banking system is in deep deep trouble as was the irish banking system so i think this is all more complex you know it's not it's not a simple where you know thing if the joint if they haven't joined the euro zone little been all right and yet the example of greece is expansion at any cost right because greece's financial situation wasn't fit for it to be allowed to join the euro zone and yet it was allowed in anyway what i think if you look back at the whole
formation of the euro and the euro zone it was a political project first and foremost it wasn't an economic project first and foremost and the politics dictated that we should get in as many people as possible that is possibly wanted now that was a mistake they also knew they had to have some sort of agreement to stop you know economies diverging so they had a stability and growth pact but the first two countries to break it were germany and france and it fell apart and of course know they're realizing all the problems that they were buried in the good times you know ten or twelve years ago and no become apparent as we enter some pretty bad times i listed ali thank you very much thank you.
well going into the future this month high tech means good health whether it be the latest laser cutters on lifesaving heart valves rushing innovators are working hard to keep you healthy person companies it's been a winding road from car simulators to cutting edge training systems for others it's been a lifetime of work i'm locking the mysteries of the cell check it all out on technology update we've got the future covered. to least be told language. what programs and documentaries in arabic it's all here on all t.v. reporting from the world talks about seventy i p interviews intriguing stories for