it's time the world trade organization enforced its rules. now, critics claim this bill would ignite a trade war with china. frankly, china declared a trade war at least a decade ago. if it's not a trade war critics assert this bill is not compliant with our world trade organization obligations. i've listened to many multinational companies. argue a bill will provoke retaliation by china. my question to these detractors is how can china impose retaliation against something that is, in fact, w.t.o. legal? but since reviving pntr status and the benefits of world trade organization membership, china has taken money from american consumers and american investors and american inventors without fully opening its market to american business and workers. the results are record trade deficits the results are millions of lost jobs. these arguments come from the same proponents of giving china pntr membership, world trade organization membership, pntr stats -- status, world trade organization membership. they predicted they promised in 2000 when this pa

our top story in business russia's eighteen year were asked to join the world trade organization move closer to georgia practice with a proposal what benefits will russia get from joining the w.t. out. of the. international news in comments twenty four hours a day you're watching r.t. the late colonel gadhafi son and key right hand man saif al islam has reportedly crossed the border from the libyan desert in tunisia where it's believed he's trying to negotiate a surrender himself in to the international criminal court if he does eventually stand trial he could spill some of the secrets of the regime's murky dealings at the same government top of his father parties are for bennett what's. to stop. market f.p. was a man too much secrets which will supposedly he buried with him i think that there were tremendous sighs of relief all over a capital so in western europe this is somebody who cut all sorts of deals with the french but also the agreed issue and the italians and to a certain extent the americans as well i think they did not want him put on trial for any research and i am not me

has been part of the world trade organization. think of it this way, mr. president. we -- every day, we buy $750 million more from china than we sell to china, every single day, sunday, monday, tuesday, wednesday, thursday, friday, saturday, every day of every week, every year. so for the past year, $750 million, we buy from china more than we sell to china. you just can't keep doing that, mr. president. you can't keep doing that and hold the industrial base that the people of oregon, the people of maine, the people of ohio care about. and look at it this way for a moment, mr. president. i don't want to inundate my colleagues with figures and numbers and dollars and job numbers and all that, but president bush the first set a billion dollars in trade surplus or trade deficit, a billion dollars translates into 13,000 jobs. he said that 15 years ago. that number -- no president has exactly said anything -- has quantified that since. but think about that, thousands of jobs for every billion dollars in trade deficit or surplus. well,

trade organization georgia the only country which still oppose us russia's accession has agreed to new proposals from swiss mediators in the negotiations russia says it will need some time to consider the source proposals. from door to rank outlines the benefits that the country is likely to get after joining the world trade organization. one of the key benefits of russia's accession to the w.t. oh would be the ability to diversify its economy by exporting more goods and services abroad better non oil specifically this would refer to sectors such as steel such as fertilizers chemicals but would also probably with time referred to a. broader scope of sectors including i would cultural goods including perhaps. some of the high tech products that russia could offer as part of its modernization drive but another aspect but i think will be very important is russia's capability after w t o accession to forge alliances trade alliances across the globe. this time around to look at the markets or is lower after the biggest weekly gain since february weighing on the sentiments are reports saying

our top story in business this is all set to join the world trade organization as a final report and join me for a full this is. it isn't just after five pm here on monday in moscow this is r.t. with me. it is a historic day for palestinians and i think you what the united nations cultural body has accepted the nation of palestine as a full member over two thirds members of general assembly in paris just now said yes it's the first time the. it's a means of achieving full membership and if you when body but us go now faces a twenty two percent budget cut the u.s. bound to cut funding if palestine was admitted washington says it can subsidize any organization that accepts palestine as a member israel is also strongly against all this comes ahead of next month's vote on full palestinian membership for you but you stay with r.t. for the latest update our correspondent is coming your way later this hour. now syria's president has told russian television the forces fighting his regime are dangerous and putting civilians at risk but also said he is ready to work with the opposition parties

trade organization georgia the only country which still opposes russia's annexation has now agreed to new proposals from swiss mediators in the u.c. asians and but russia says it will need some time to consider these swiss proposals was discussed this now with the chief economist at deutsche bank russia has left a subject and it's not always a pleasure to have you in the studio so i mean progress or not do you think with or without george's consent russia will join the world trade organization by the end of this year is that this problem just well i think clearly we're seeing progress i think we're seeing efforts on the part of the international community community to advance these talks pick because this is really the last hurdle on the road to russia's. w.t. accession clearly russia can try to bypass georgia on this road towards w t o membership but i think for the sake of the organization itself for the sake of preserving the rules based framework of the w t o i think all sides should work towards an agreement which however should be struck very quickly because time is running out

russia may find me joining the world trade organization next month but siemens is investing one billion euros in the russian economy and china's g.d.p. figures came in worse than expected more on that and other stories in fifteen minutes time on business so. before we get to that serbs in northern kosovo have now been given till tuesday to take down their border barricades even though their removal could post trouble to flare up at any moment they were build in protest against attempts by kosovo police and assistance with the e.u. and nato forces to take over border crossings with serbia peacekeepers are ordered to access roads be clear it will do it themselves but as artie's maria financial reports the serbs own demands seem set in stone. stones and sound are the only weapons the serbs leaving in cos they have in their arsenal to make the others listen to them. the roadblocks they set up throughout the northern part of the region are making headlines and getting feedback morning but we ask you not to produce a period when you threaten your safety of negative consequences for you and fo

trade organization. one of the key benefits of russia's accession to god would be your bill would be to diversify its economy by exploiting more goods and services abroad better non will specifically this would refer to sufferers such as steel such as fertilizers chemicals but would also probably with time refer to a. broader scope of sectors including i would cultural goods including perhaps. some of the high tech products that russia could offer as part of its modernization drive but another aspect that i think will be very important is russia's capability after w t o accession to forge alliances trade alliances across the globe. has come out to look at the market's performance was lower after the biggest weekly gain since february when all the sciences are reports saying japanese industrial output fell in september i was expecting a further decline in crude prices next week there are concerns the recent debt resolution effort by the european leaders might provide limited relief brant blend is straight

in business artsy georgia agrees to new proposals on russia's bid to join the world trade organization after coming under pressure from the e.u. more details and analysis and twenty two minutes. it's nine pm thursday night here in moscow you're watching welcome my name is kevin our first no more war planes or air strikes in libya the u.n. security council unanimously voted to lift the no fly zone next monday but libya's new leaders want the mission extended to the end of the year parties garnishes you can report from washington d.c. . us here to council voted unanimously to lift the no fly zone over libya actively meaning to and nato operations there nato has been operating all this time under the un security council mandate from march now with russia's initiative the council has voted to talk and their mandate and complete all nato operations by the thirty first of october and as we heard from russia's envoy to the united nations. nato is expected to comply with abrupt resolution we expect the naval council to act in accordance with his decision of the security council of the united n

and russia has made yet another step towards joining the world trade organization this month and business in about twenty minutes. one pm in moscow i matras are good to have you with us here on r t our top story syria's president question the true nature of the opposition forces trying to bring his regime to its knees interview with a russian t.v. channel bashar al assad claims that campaigns being funded from abroad from iran as we're joined live by iraqis test. live outside the foreign ministry so president assad made his position clear in recent days tell us more about that. that's right so the presidents of syria president bashar al assad had said very strong words especially says these words he had said to the international media let's listen to what exactly he had to say. today we have hundreds of soldiers police and security forces among the dead how we killed during peaceful demonstrations or because some slogans being shot you don't know they were shot and this means we're dealing with armed people we don't know whether the weapons reach syria from israel or any other state that

and also russia has made yet another step toward joining the world trade organization details and business in about twenty minutes. it is good to have you with us on this monday you're watching r.t. live from moscow with me for some showing the syrian president has questioned the true nature of the opposition forces trying to bring his regime to its knees in an interview with a russian t.v. channel bashar al assad claims the campaign is being funded from abroad. has the latest. strong words coming from syrian president bashar al assad to where the conflict this country's been going on for almost eight months now in that interview to the russian channel he did say that any attempt to destabilize the country will result in what he called an earthquake that will reverberate not just in the region but will have global implications he also stressed that syria is most definitely not a different situation altogether and he did voice out what he and his government think is a real cause of the conflict in his country. today we have hundreds of soldiers police and security forces. during peaceful de

also russia may join the world trade organization as soon as next month gazprom resumes operations in libya and also siemens is investing one billion euros into the russian economy more on those stories in the markets in around twelve minutes so i'm a business. serbs in northern coast of roe have now been given until tuesday to dismantle their border barricades even though their removal could cause trouble to flare at any moment they were built in protest against attempts by kosovan police in assistance with nato and you forces to take over border crossings with serbia peacekeepers have ordered access roads to be cleared or they will do it themselves but israel snow snow reports the serbs own demands are set in stone. stones and sand are the only weapons the serbs leaving costa they have in their arsenal to make the others listen to them. the roadblocks they set up throughout the northern part of the region are making headlines and getting feedback morning but we ask you not to participate in me or threaten your safety or may have negative consequences for us and for your country bast

george accept new proposals on the russians to join the world trade organization business outfeed has all the details and so it's. just after six pm here in the russian capital you're watching r.t. our top story freeing in the skies above libya by lifting the no fly zone and putting an exit nato's process is on the cars at the u.n. security council today it's a vote on a draft resolution to wind down the military campaign that's despite calls from libya's new leaders to extend the mission until the end of the year let's cross live now is our he's going to do is in a washington d.c. it for us. any indications as to the outcome of the u.n. security council's vote. well first of this point it's not quite clear the vote is supposed to begin as we speak but it's important to remember that nato has been operating all this time under the u.n. security council mandate from march now as russia's initiative the council will broach to lift the no fly zone meaning to and nato operations while there is a good chance that this will happen after all president obama said nato should be done in the ai

trade organization or the g twenty or whatever economic imperialist way they have made this world operate and that's what upsets and governments around the world and that's why they go after it obviously when corporations who benefit from that economic structure that we have expressed their support for that structure there's no opposition the key thing we're seeing right now legally and of course politically is that there's an attack on the very economic structure of the world and it's unfairness in the ninety nine to one slogan and that's really crucial and that's why the most effective means of protest are having thousands in the streets and we stopped them on friday morning not because me center for constitutional rights and the national lawyers guild wrote a letter saying it would be illegal to go into the park sure that i'd love to think that had an effect but when i went down there friday morning there were five thousand people out there and what stopped the cops was that there would have been a bloodbath of a woman writes. in occupy cincinnati that group is suing the city are you a

also george accepts new proposals on russia's move to join the world trade organization of the coming under pressure from the e.u. more details in the analysis and business also interest it's. just after seven pm here in the russian capital you're watching r t now to our top story no more war planes and air strikes in libya the u.n. security council's unanimously voted to lift the no fly zone in next monday but libya's new leaders want the mission extended to the end of the year let's cross live now to our he's going to washington d.c. there as if that is enough is enough for the u.s. of a just military mission in libya is this what was expected. well cassidy you want to hear the council voted unanimously to lift the no fly zone over libya affectively meaning to and nato operations there nato has been operating all this time under the un security council mandate from march and now at russia's initiative the council as a voted to end that mandate is important because it comes at a time when the view is interim leader asks nato to prolong its air missions through december and add milita

russia's bid to join the world trade organization up to coming under pressure from the new more on this in twenty two minutes.

the world trade organization, it's made in the world so part of it is done here. part of it is done there. as long as we are part of that chain and hopefully at the higher end, the more innovative end, then there will be work for the butcher, the baker and the candlestick maker. if we're not part of that innovative side of the equation we're going to lose. that's the big challenge. >> jon: at the risk of that stratification you get a small percentage of super rich and then just a larger unwashed struggling group. >> that's really what you're seeing. the labor market gets totally stratified. what digitization, automation, outsourcing do is it collapses all those middle jobs. there are so many service jobs that have completely disappeared. and the question really is, how do you get everyone to be starting something, something that makes people's lives more healthy, secure, comfortable, more productive or more entertaining. but we all have to do something. everyone is above average at something. >> jon: you morphed into shari lewis there. i question the... i guess th

some even work for the imf and world trade organization world trade organization soon can accuse those organizations of being anti-turkey? some service board members on the committee silken fake turkey for thanksgiving? who can say the poor are anticorporate? there's a stampede to get into frying pan park. the post like air is a response to the rise in the number who live in or alpine new jersey, the post-blackness is no wonder drug that can cure or even significantly offer american white supremacy. the post like era suggest to me that what it needs to be black is broadening to infinity, but does not mean racism is over, the way supremacy is lain down this unimpeachable field. remains a daily fact of life for blacks and a key component in shaping who we become his people even in the post like era. indeed where racism in our parent or grandparent generations is plainly visible, modern racism often seems to function like evaporating smoke, clearly visible and impossible to grab onto. as a member of blacks in frying pan park slope, as the empirical data that attempts to argue racism no lo

trade organization, for example, then suddenly u.s. companies are subject to a whole bunch of sanctions. we've got -- i think we've got a strong case to make. but we've got to make sure that we do it in a way that goesing to effective. last point is, my administration has been more aggressive than any in recent years in going after some of these practices. we've brought very aggressive enforcement actions against china for violations, entire case for example where it's been upheld by the world trade organization, they were engaging in unfair trading practices, and that's given companies here in the united states a lot of relief. so my overall goal is i believe u.s. companies, u.s. workers, we can compete with anybody in the world. i think we can make the best products and a huge part of us winning the future, a huge part of rebuilding this economy on its firm basis that's not just reliant on maxed out credit cards and a housing bubble and financial speculation, but is dependent on us making things and selling things, i am absolutely co

up next we'll discuss russia's hopes of joining the world trade organization with the mob is at the heart of the country's negotiations. let's go thank you very much for being with us today. so the latest round of talks between russia and georgia have failed now georgia wants international monitoring of cargo and goods to live and enter the pretty fine corridor trade corridor of south such an appositive so the double it your membership is so important for russia why can't it lead international long to it it's true it. is very important for us however to the double cherish of the treaty organization for us the requests to reach we receive georgia is not double check it's something else. we have proposed on many occasions to georgian kuwait to negotiate trade issues so the same way as we did with the eight there were two members but atrociously that was not in georgia the requests of each we received. rules so the next ambassador to russia us investor mr netball set that united states thought that switzerland has mediating the talks between russia and georgia came up with a pretty balanced

and also russia has made yet another step toward joining the world trade organization the details in business. in about twenty minutes. it is good to have you with us on this monday you're watching azzi live from moscow with me will receive shine the syrian president has questioned the true nature of the opposition forces trying to.

in business georgia agrees to new proposals on russia's bid to join the world trade organization after coming under pressure from the e.u. more details on analysis and twenty two minutes.

and in business this hour russia's eighteen year quest to join the world trade organization rules closer to georgia backs a swiss proposal what benefits will russia get from joining the w t o.

trade organization, for example, and then suddenly u.s. companies are subject to a whole bunch of sanctions. we've got to -- i think we've got a strong case to make. but we've just got to make sure we do it in a way that's going to be effective. last point is, is my administration has actually been more aggressive than any in recent years in goifter some of these practices. we brought very aggressive enforcement actions against china for violations in the tyler case, for example, where it's been upheld by the world trade organization that they were engaging in unfair trading practices. and that's given companies here in the united states a lot of relief. my overall goal is, i believe u.s. companies, u.s. workers, we can compete with anybody in the world. i think we can make the best products and a huge part of us winning the future, a huge part of rebuilding this economy on a firm basis that's not just reliant on, you know, maxed out credit cards and a housing bubble and financial speculation, but is dependent on us making things and selli

trade organization is the potentially coming to an end now w z a negotiator maxime a veteran of says the country may be on the verge of becoming a member of the trade body next month we have concluded. almost. every of supposed to be. very few questionable questions to be sure as to who we hope is that we need to even not support for a few weeks or even in order to have the whole of them to completely informal discussions. seven separately with. formal mutual to greece. and you can watch the full interview with. interview with so be sure when state sides move to the markets now world is continuing its losses of germany dampening hopes the new debt plan will come out this week fred lenders trading at just over one hundred ten dollars per barrel this hour while light sweet is a t six. in asia stocks are negative following the release of cooling chinese g.d.p. growth for turkey and up to nine point one percent this is giving investors an excuse to take profits but no reason to panic banks in hong kong are however in for the chill with industrial and commercial bank of china and china me

and up next we discussed russia's hopes of joining the world trade organization with the man that was at the heart of the country's negotiations. that's one of the thank you very much for being with us today. so the latest round of talks between russia and georgia have failed well georgia wants international monitoring of cargo and good start we have an answer they predefine korea trade corridor of sorts such on a project so double if your membership is so important for russia why can't it lead international long to work through it. is very important for us however we accede to the double sure we should of trying to force the requests we receive for georgia is not over till it's time to girls and we have proposed too many occasions so we have to be sure to trade you sure sound the same way as we did with the tremendous. oppression plea that was not in georgia the requests obituary received from probably your own. rules also the next investor to russia in your semester mr paul said that united states thought that switzerland was an idiot in the talks were to russia and georgia came up

how top story in business this hour ross is all set to join the world trade organization agreeing a final report i have success and join me for a full business bill it's very shortly.

trade organization it's agreed a final report on a succession russia's chief negotiator. sessions said there will were still a number of technical issues to resolve but those will be completed in a week and russia also has to finalize agreements with georgia which until last week was the only country to continue to appalls russia's accession whether it now looks likely both sides will agree to a proposal mediated by the swiss presidential aide upgraded but of course russia could during the w t o by december fifteenth. and the russian ruble has strengthened by over eighty percent in the last month to around thirty two of the dollars that says investor risk appetite has seen a recovery falling ill used ups to tackle the debt crisis and let's say a side effect of the rally could be a turnaround in the capital flight from russia. there are more reasons to expect stronger rather than the weak. while prices are high and russia is exhibiting twin surpluses while the current account surplus is very high and the we have a substantial fiscal surplus overall i think there are reason

trade organization georgia the only country which still opposes russia's acceleration as agreed to new proposals from swiss mediators in the negotiations parties bearing the cost of housing sales. georgia was seen as the last hurdle bloke in russia from joining the w t o the main problem wall street moments of the breakaway republics of south the set and a posse which of course won their independence after a brief conflict in two thousand and eight and sentient between russia and georgia ever since then and the w t o has always been a major cause of conflict and the swiss mediators on the stepped in and offered plans which georgia has now accepted paving the way for russia to join the. russia has been trying for seventeen the years to join the organization and it's still the largest economy outside the not a member and of course it's not willing to accept just any proposal to become a member it should be no it's a bad russia could still join if it got a majority vote which would effectively deny georgia a veto the decision is scheduled to be taken on december the fifteenth in geneva an

as the headlines up next to discuss russia's hopes of joining the world trade organization with the mother was at the heart of the country's engaged . that's one example thank you very much for being with us today. so with the latest round of talks between russia and georgia had stable georgia wants international monitoring of cargo and goods to live in i am sure they pretty signed korea trade corridor of sorts such an appositive so double it your membership is so important for russia right kenneth led international want to work through a double tertian it is very important for us probably to the double trail which is the trade through going on for us the requests we receive for georgia is not over till it's something else and we have proposed in many occasions. include weeks to negotiate trade issues and the same as we did. there were two members suppression plea that was not. overjoyed with the requests of be sure you received probably your own so that would show rules also the next investor to russia i guess investor mr paulson that united states thought that switzerland has an idiot in

the rules of the world trade organization. we think it would be great if you followed the force of law and the rule of law. saying those things has gotten us nowhere. that's why, while i respect senator hatch, amendment 680 doesn't really get us anywhere, doesn't really change the law. it really just delays. and we know how the chinese like it when we delay because every day we delay is one more day when the chinese cheat, where the chinese have an advantage, where the chinese can -- the people's republic of china, the communist party, can again take advantage of american workers and american companies. the treasury department already have specific reporting obligations. they already have ample authority to consult and negotiate multilaterally, bilaterally, pularality. act 1988 which amendment 680 would repeal. mr. president, it's -- you know, i appreciate the -- i appreciate what he wants -- what senator hatch wants to do, but the fact is we have got to make the chinese understand, other than occasional pleading, occasional b

up next we discussed russia's hopes of joining the world trade organization with the mud is at the heart of the country's negotiations. let's let me thank you very much for being with us today. so with the latest round of talks between russia and georgia have a look well georgia wants international monitoring of our cargo and goods that leave the enter the pre-defined korea trade corridor of south setting up cars are so w. membership is so important for russia why can't it let international want to work through a double session is very important for us probably exceeding to the show we should have treated me for us and the requests that we should we receive from georgia is not they were children it's something else and we have proposed on many occasions. georgian creek sort of to negotiate trade you should just say we didn't. know which are members but it's a tradition plea it was not over georgia request so be sure you receive probably your own. rules so the next best spirit to russia your celestron mr paul set that united states thought that switzerland was an idiot on top so to rushin

trade organization with the main with the man ahead in the talks from moscow and this hour's business press directs me tree. banks here in the russian investment group assume mocap it's all in a branch of oil trading giant to all i want to under the building the world servant in rotterdam in the netherlands the fifty five act ever so let's see is the in the largest port in europe expected to take on a significant share of the global world trade total investment into the joint project may reach one billion dollars earlier this year some of the russian pipeline operator transnet purchased the ports in the black sea to create russia's beginning crude export operate. which leads us to take a look at what the world prices are doing right now or that will do that in the second reaction russian biggest oil trader going war is turning to the other lucrative black stuff it's taking thirty three percent stake in the u.s. called mine a signal peak for four hundred million dollars the american firm expects the corporation to help it get into new markets and increased production earlier water said

trade organization is likely coming to an end the easier negotiator maxime advent of says the country may be on the verge of becoming a member of the trade body next month we have concluded almost everything we are supposed to do so we have very few technical questions which are still standing. even not a few months apart few weeks or even days in order to be able to resolve all of whom we have to completely fall in discussions. the second sort of trouble. and formal meeting to greece. and you can watch the full interview with maxine medved cause of in interview with the sophie shevardnadze on wednesday. let's take a look at the markets this out additionally we start with commodities and oil is continuing its losses after germany dampened hopes of the new plan that it will be coming out this week brant blend is now down to one hundred ten dollars per barrel light sweet is shedding thirteen cents a barrel. in asia stocks are negative following the release of cooling chinese g.d.p. growth in the third quarter which is giving investors an excuse to take profit but no reason to panic as y