i live in a country that don't understand that there's more violence in the streets of this country than there are in the streets in afghanistan or baghdad. one night in desperation become a breach of. the bottom istomin come home. crowd gathers momentum going down the street will begin. to.

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led. more news today volunteers once again flared up. and these are the images the world has been seeing from the streets of canada. trying to corporations are relieved a. look. welcome this is all to come to you live from billboard and i'm surfing shevardnadze let's take a look at our main stories today. stronger international security

and boasting democratic development that's to focus as experts politicians won't leaders gather for today global policy forum here in the russian city of yugoslav the missing comes as the of us love celebrates its second millennium. new details emerge of the amazing escape for a plane crash landed in a remote russian forest eighty one people on the plane were left shaken but on the hook the pundits the receive special awards for her was a. plus their release of us to move marines also the japanese island of okinawa has been delayed locals say the presence of their bases damaging the environment and pushing up the crime rate. and the special envoy to afghanistan the whole critique of the military action that has stepped down it's prompted speculation that he was forced all because of his antiwar. you're up to date with the headlines now our coverage of the

global policy forum here in give us love that continues throughout the day we'll have more on that at the top of the hour next hour to. talk to the award winning british historian an economist robert skidelsky about the economic crisis and while steroids in measures will only make things worse also he tells us why russia should form a military alliance and that's next on our. lord skidelsky a member of the british house of lords award winning historian and corniest and an expert on russia is here with us today thank you very much for joining us this group or skidelsky your wrists and book canes the return of the must step out philosopher and economist john maynard keynes received several awards how relevant the economists theorise today i would say they were very relevant in three respects

first of all he explained how we got into this mess this crisis in two thousand and eight two thousand and nine secondly he tells us what we ought to do about it how to get out of it and thirdly he tells us how to avoid how we can minimize our chances of getting into another one and i think no other economist does that he was the greatest economist of the last century in one of the articles you said that europe was declining economically and politically why is this happening and what are the signs of the crisis well of course europe's been very badly hit by the recession and it's got very high unemployment but beyond that i think europe is in decline it's it's weaker than it was it's population is it is not expanding and the others are. being affected by the rise of asia and particularly the rise of china so if you think back to one hundred years ago

europe was the center of the world now of course it's not and it's much much weaker than it was and it has no unity there's a european union but it is no european government and till they get european government they're not going to play or be able to play a major part in the world the world of. the collapse of the greek economy has impacted the whole of the european union. does this mean that the e.u. is vulnerable as a groupie well of course it is because it was based on the idea that everyone is progresses at the same rate well if there are some weaknesses. in some parts of it it affects the whole lot because it means that the exchange rate is weaken and it also means that some countries like germany have to bail out other countries so if anything goes wrong in one part of the union it's the responsibility of other

countries and they didn't think they were going to have to assume those responsibilities so i think the greek the greek crisis has impacted the whole of the union immediately immediately it. created a crisis of confidence in the europe germany and france want there to be consequences for the countries which ran up excessive deficits like greece is this a necessary step well of course i think people have to countries have to be have to live within their means so to speak and not spend extra have again but when they talk about consequences for greece they also have to consider the consequences for greece and other weak countries will have consequences for them i mean if if if they cut down on government spending in the mediterranean countries that will mean less demand for german exports and so it will impact them it's not just

consequences for the for the weak countries it's consequences for everyone so i think they have to be very very careful in wanting greece to pay the price of its extravagance because in paying that price the germans will also have to pay a price they're the strongest country in the your opinion and from such as well and what are the countries which could be potentially some. it to these matches greece italy spain ireland. england u.k. portugal they're all they have all adopted what's called fiscal consolidation policies they've all said that they're going to have their spending in the next over the next four or five years to balance their budgets again and i think that's going to have a very bad effect because i think it's going to slow down the growth of recovery will slow down the recovery it might even lead to a double double dip recession as it's called so you actually go down again so

they're very dangerous times for the world economy over the next six months the german finance minister suggests introducing a european want to treat font is this necessary is this a necessary edition to the current system i think it would help yes i think that's the one good suggestion that's actually emerged from the crisis i think most of the suggestions have been terrible but this is a good one. because it mobilizes some resources that can be brought to help we countries in an emergency it's rather likely you are it's a regional version of the i.m.f. you know the i.m.f. countries can borrow from the i.m.f. on conditions but of course it depends whether they can mobilize the required resources on a permanent basis they have done it on a temporary basis so far on a permanent basis and what conditions they attach to lending the money if the conditions are too hard then i think they can actually make matters worse but it is

a good it is a good step towards a government of europe you believe that expenditure reduction is the key danger of the current economic situation why is that and if so what can it result well i think expenditure reduction is a huge danger because it's cutting down spending the government in a recession the government is really kompany. in for a decline in private spending overall the spending in the economy is less than it was and then private sector spending less government has to spend more that's the only way of keeping economies going and i don't know who exactly has some politicians that there is a crisis like the current one you have to pay people the money make them work even if you if you make them take the money and take them out well cain said cain said you know that you'll you'll you'll you'll get rid of unemployment if you if you dig dig holes in the ground and get people to fill them up again or if the treasury

filled the old bottles with banknotes and milton friedman said the same thing helicopter money would just scatter money over over the country and that'll get rid of unemployment no between serious the german economy is a very strong economy but it is an export economy and its exports have been growing why because basically because china has been growing very fast in the last year or so if china's growth. stops but gets less if european if european growth falters as a result of these cuts everywhere if american growth slows down then the germans will not be doing so well and i don't think they'll be doing as well as they are now in over the next year i think they're going to face a moment of truth when everyone slowing down is going to be very bad for the german economy the german economy will slow down to you criticize the decision of the

european leaders to withdraw fiscal stimulation programs which have been operating over the last two years could this cause a slump in logic on me i think i think it can i think the the with the withdrawal of the fiscal stimulus is very is very risky because it's been like a lifeline it's been a life support system. them and everyone said oh really the big big problem is the hole in the government finances that they're that they're spending much more than they're raising in revenue it's not the hole in the government finances that's the problem it's the hole in the economy that's the problem and you know if you if you deal with the hole in the economy that the finances will get better automatically because revenues of the revenues of the government will increase and their expenditure on unemployment will fall so you deal with the economy and the budget

will look after itself more or less i'm that's an exaggeration all leaving the economy to one side and one of your interviews you set that russia could provide military defense to the european union under what conditions could this happen. well what i meant by saying that russia could support europe in security matters was that russia should become part of the european security system and i think the simplest way to have done that would have been for russia to become a member of nato which is i think something that putin wanted when he was president but they did they didn't want russia in but that would have been the simplest way but as it is russia should become a much more effective part of the european security system and not be outside it because the european actually european military is very very weak the very to military power in europe the french and the british the rest have to do

anything already but this small and there's no unity. sort of nato agreement to create something larger and russia has a has a has has good military forces and they're becoming increasingly modernize and specialized to the kind of work. that military forces have to do today which isn't to fight huge rules but to be part of the counterinsurgency operations peacekeeping operations and so on so russia could be a great asset for european security system and president medvedev has suggested a new security concept that would include russia and we should we should take him up on that and really see we'll walk we can do with it because all through russia is part of europe it shouldn't be outside it. thank you very much for your time.

wealthy british style stock. market why not. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into cars a report on. when the news is not enough. when it's something really crucial when you want to get down to brass tacks when to bring special coverage. this time the latest news from the slum a little policy form line broadcasts special guests discussions on the end of the

modern state in providing security and stability of the present day world. question. i shall be soon which might be about some months to the pressure. starts on t.v. dot com. before

. stronger international security and the boasting democratic development that's to focus us experts politicians on both leaders gather for the today global policy forum russian city of the best loved the meeting comes as the best love you enters its second. new details emerge of the amazing escape for a plane the question in a remote russian forest eighty one people on the plane were left shaken but all the

hoods to set to receive a special award for heroes. plus the release of u.s. plans to move marines and also the japanese island of okinawa has been delayed the polls say the presence of the bases damaging the environment and pushes up the crime rate. and also reporting it all to you the u.k. special envoy to afghanistan the whole critique of the military action the step it's prompted speculation that he was forced out because of his war views. and just to remind you we're here in the ancient russian city. following the global policy forum live for you here on our show you will have more after this short filton and. it's. good to have your company this is sports the day

i'm going to use our headlines. final for the sole remaining russian woman left at flushing meadows fears of all the real but makes the semifinals of all the years in the last grand slam the very first time. serves on song serbia stone reaming champion spain in the quarter finals of the world basketball champion . ships. of the giants take to the last five or to seriously challenge the team here at that school as dominance of the heavyweight division samuel peter purse for some reason. fear is the only real that will wander into unchartered territory on friday the last russian woman standing at the us open booking her nor girl appearance in the semifinals flushing meadows now the wimbledon finalist for all murder this year taking care of business against each one was a straightforward affair for it's already over but her luck challenger perked up in

the second this on much point typically long baseline bottle the ball goes out eventually twenty sexual is into the semi's a far cry from last season when the muscovite was in rockets. in the nation in the third round. goes. the most important thing was to find the right balance between being aggressive and i think. she now faces carline wozniacki the dane stopping dominic it's a book of straight sets a similar pattern to the opening last fourth this with was easing into the first set before facing a tough second forced errors costing spoke of a deer in the slovak making a must of forty three compared to what is much more conservative total. it's business as usual for roger federer over in the men's side of action the world

number two in clinical form against one of the few players to ever be some on the courts robin so doing the swiss maestro seeing off the fifth see six four six four seven five with both men defying deal force wins in new york city. not federer out of this year's french open but any thoughts of a repeat performance were put to the sword early on twenty nine year old federer absolutely dominant. sealing the wind with a succession of aces it's all for next for him after the serb rushed. in three sets. the third seed how to do anything but his own way in the opener only taking it on a tie break the next two were a different story the man they call joker taking total control seven six six one six two how it ended up odds are things will be somewhat closer in the semi's against federer. more.

trying to use the we news the speed kick you know. give you the first easy ball in the rally and i was trying to think about. think. you know. what happened or just kind of doing in the present moment. one day old on the third kontinental hockey league season has already through an opera shock champions humbled by merger club u h c d nama something to happen quite like this of course the cage only ever champions taking on the team depleted of star names but the squad. upset the courtesy of a superb opening third where they finished zero up. and giving hope to underdogs everywhere. ok let's stay with the league where age is just a number as far as the kid chelles the most high profile signing of the year dominic

is concerned forty five years of age the check native on two time hart trophy winner is ready to open a new chapter of his career here in moscow rich poor flea takes up the story. of a cache has been pretty much everything there is to win in the world of hockey and even to gold medal or stanley cup and even a chick tell you told her you can't plan to be chair when times are missing from the dominators trophy cabinet. game income and the forty five year old page to complete the sit com a good news. blow it was a difficult decision i i felt like. i wanted to copy for a detroit red wings we won the championship last year in the czech republic and i feel there is something still inside me and i want to still play hockey and to play and to take a challenge. it's something new for me and i want to play for myself but i just don't have chronic health plan and we're out of games and compete for the

championship despite being at an age when most goaltenders niggling forwards and believe line is we've hung up their skates pushing since he's good and great to stand but he campaigned. across here when i was in shape and not injured i still play like eighty ninety percent of the games but i don't know we will see what the border coach says it's always his decision i would like to play i don't let's say eighty percent of the games but we'll see it's going to be having been in most cases just under a month and she is well aware that he has a tough season ahead of him fully admits being a child is still the world's strongest league he says the cage show is growing in shrinking popularity especially around europe and its quarter i don't know hundreds that is a big mistake a show is to be. the playoffs and people stop and go about it more it's really big in russian and you start. could be because. i could watch not only n.h.l. games from the chickie but also pay child to go pro it's getting bigger. push it

will certainly feel at home with his cup in mexico they wanted six players from the field the chicks they want to hear as if his head coach bills lesia is one of the main reasons why him time his new cable when the favorite with this he's going to double agent hits he could pretty good but bowed to a talented but even gruden good plays which of them will be don't see. that brings us on to the converse where revenge will be very much in samuel peters mind this saturday night's the nigerian taking on i b s w b o b o heavyweight boxing champion in a rematch of their fight from some five years ago that night peter troubled the giant ukrainian more than any other fighter has done and klitschko was nine title defenses to date pietersen in the thirty four year old to the ground on three occasions before that score regained enough composure to win it on points to score a younger brother of current seat belt holder for tali of a tough twelve run clash last time out against the chamber's i was in march on the

team say they're expecting similar on september the eleventh. really exciting fight the first time the second time around i'll say no peters but again it was mandatory challenger and so everyone's really looking forward to this fight lattimer how it says knight title defense and he's pretty much established himself as the most dominant heavyweight and most consistent heavyweight out there in the last decade. i think on where they'll be no winning repeat for spain the world basketball championships the holders knocked out by an up for it serbian squad constantine to top off the story of the quarterfinals. serbs where you get to eventually defeat at the hands of the spans in the last years you are a basket decider we played the five. year ago on the twenty two of september last season. spanish. was much better. was

a big opportunity just to see how much we grow our game and what we can do without and best players pool years old and particular on the reigning champions experience trouble from the solid shooting from the minute and going to beach and the spinners which willing by the end of the first quarter twenty seven twenty three said he'll lose with a pair of three shots got spain back into the twenty nine twenty eight early in the second tour but market cash will bury the three point zero from the corner to the once again forty nine forty one to serve a tough time spain produced a ten nineteen one of the start of the third quarter to take this seriously to begin my desire to hit a high arching fade away over man of steel in the spinners nailed six months or points to get within eighty six eighty one with two minutes remaining casual then then a three point zero they out straight charm of fernandes not want a bus to get off for thunder is doing to take the score at eighteen right all with just twenty five point eight seconds left and then militia when the clock out

before hitting the killer effort with gemma hosa sealing the point and score at ninety two eighty nine to all their players with the catch the ball would follow them if not no because there were great three great great free throws sure there's they didn't catch it so we played with a while we had to go i mean it took. nine metres. into the possession of say great shot. meanwhile in there the picture to continue to make history is the easily sold slovenia to extend their winning streak to seven games they host amusing throughout the game finishing the course would a twenty seven forty mean twelve joining the church increased the lead to double that in the second home the home side wishing the same influence of the championships for the first time following the routine eighty six week three how it took it just as expected next time it still could be a surrogate for a place in the point of contention but i pulled over to see. two football or aston

villa finally named their new manager former liverpool and leon head the man taking over the reins in birmingham there sixty three year old frenchman takes over from kevin macdonald who had been in charge at villa park since martin left his post on august ninth houllier who guided me on to to leave one titles knows english football well having spent half a dozen years liverpool the length of his contract hasn't been announced with philip but it is known he'll be in charge of the side for monday's premier league game away still. that wraps up all the sport but if you're hungry for more do log on to our team dot com forward slash sports for more world weather is coming up in just a tick. for the full story we've got. the biggest issues get the human voice face to face with the news makers.