when to where the house is much better to talk about what is a very fine. thank you for finding time to speak with us what real economic results does russia want to see after the summit. the first of all the world has entered a new stage of fighting the crisis well most countries already show an economic growth it is still there and stable. you must be very careful about discontinuing economy support measures demand still needs to be supported so there is this continuation of anti christ as measures will be a prolonged process what are the less we're looking for ways to create private demand but we expect private demand to break through with different methods are being used including selective support of central banks and others believe it is very hard to find the best solution but joint efforts by countries have been

fruitful so we hope that the whole world is not going to fall back to new problems . probably. and what kind of proposals concrete proposals will we see from russia. at this summit we will sum up the results of preparing certain measures such as financial regulations for markets aimed at preventing more bubbles from both saying and major companies from going bankrupt banks will be orders from now on to confirm to the basal three regulations and so on speaking of the i.m.f. reforms at this summit will see the results of new quota distribution and discussion of new roles that international institutions should play in order to save countries from new crisis as there will be a discussion on how to create a security network that would give countries secure access to credit russia has its propositions on almost all of these matters to a great extent they are coordinated with country. he's in most of the cheap twenty

so in these discussions we are in a position of consensus with other countries those matters concern currency exchange rates financial regulation and architecture and energy prices and most of those matters oh position is very similar to those of other countries. play for the money that. the us just poured six hundred billion dollars into their economy do you think america is exporting its crisis abroad. and if. you don't wish to we shouldn't put it this harshly now i think. at the first station the federal reserve took the brunt of the crisis saving other countries by create insufficient demand. at that stage the fed played the decisive role as did the european central bank. those two institutions played the critical role that asked for this stage discretion must be used well taken action on the world market i

wouldn't call it a crisis expert right away although this money can have a very different effect on different countries no doubt it will help the usa and the usa will remain the driver of the global economy however with that easy money flowing into developing markets may boost asset prices so some countries may experience certain difficulties and i wouldn't say that such measures are go into drove us all into another price as a reason to think you are the one for you. let's talk about china they control their currency raising production and exports germany is also a leader of exports do you think one could call this economic egoism. well speaking of china it really is pursuing a somewhat different economic policy and now it is notorious for its lack of flexibility we say that common coordinated efforts courses must be more flexible

this is what we must aspire to i can say though that we must move towards this as fast as possible if china devaluates its currency and now the world may not benefit from it that much the world isn't going to and as much as china is going to lose china is also a driver of growth these days so i think the flexible right policy should be implemented gradually. today i detect certain minor displays of i go to on the part of some states for. the u.s. criticizes china for devaluing the wand but are practically doing the same thing with the dollar russia has reacted i think we can say calmly to this is this because russia doesn't want to tell other countries what to do is that the reason. you see at the moment russia isn't bothered much by these problems. we're not suffering much from this policy now although in the middle and long term perspective we do hope that china adopts a more flexible policy today but neither the policy of the us not the policy of

china can hurt us much which is why i would take a moderate position and always seek compromises and common consensus within the g twenty week asian act as an intermediary both within break and the g twenty in the search for consensus with russia says it as one of its roles as well with the story of them still the government right now. but there's still a lot of talk of the currency war intensifying in that case will russia get involved and will it have a choice. problem or with a bust in those problems can get worse such a possibility exists and it is widely discussed today. if some countries keep trying to obtain competitive advantage is by all to fish surely keeping their currencies low this may lead to other protective measures being used so just tariff regulation and export bans we will see a wave of protectionism so we need to find

a path that we will all be able to follow without seriously infringing on the balance of interests of all countries we should not please some countries at the expense of others this is why we think we should be considering ways of increasing flexibility of exchange rates there have been propositions here to determine exchange rates according to the current balance of payments and to impose maximum limits on the balance of payments well we haven't been able to implement that policy at this summit instructions have been given to finance ministries to consider these measures before the next summit the decision has been made to work on this matter and to hone that mechanism although the measures themselves we're not going to amend to that this summit. second responsibility nomic policy which shouldn't lead to currency wars like this one must provide limitations on budget deficit and foreign debt like the maastricht treaty now we need to develop similar criteria for the world economy which is something we discussed two years ago during

the crisis most likely today we will agree on the roadmap the schedule of developing such regulations those are just first steps which will eventually lead to a situation when there will be no imbalances that have to be corrected by way of currency wars. second we should limit currency wars themselves with those limitations on the balances of surplus payments. these measures are under way now but most likely they will be ready by the next summit of the will to live from seven. but two years ago leaders also proposed to fight protectionism and in fact it got worse i guess. it is. there that he would well we agreed in toronto but we would all refrain from any additional protectionist measures as far as i know there has been little protectionist activity since toronto what you are talking about must have occurred before toronto

when some countries were taking measures to save themselves. right now countries refrain from protectionism although we all realize that some extreme measures are needed to make sure such protectionist barriers to not appear again and use the buddy you to follow. them during a meeting of the finance ministers ahead of the g. twenty the bric countries strengthen their role in the i.m.f. what does that mean for russia. to suggest we must always cooled an untold position with the bric countries on the other hand brics position including that in the i.m.f. will grow much stronger after the quarter of distribution that is to be approved by leaders at this summit absolute proof bric countries will get into the top ten biggest time of shareholders russia will be the ninth india the eighth brazil the tenth and china the third biggest shareholder. that means that all share in our

contribution in iraq to citizens will grow to just under fifteen percent which is close to the book in stake which is usually fifteen percent or so russia's role in the i.m.f. decision making has definitely grown bigger. than our system of each. president senator obama rather the president of the world bank robert zoellick recently proposed reforming the world's currency system strengthening the role of gold what do you think about that idea is that a reality. almost on that and you would i think there is no coming back to the gold standard. in today's world it isn't possible to peg any currency to gold or any other metal or resource whatsoever this is obsolete now. what we're discussing now is just the opposite with how to make those exchange rates more flexible. meaning that they're not back to any national resources like gold you could pick him to look to ride him but if you puzzle on how much of

a chance is there that we could see countries the world's economic powers switch to a multi-currency reserve. store by medieval but is a i think in future as the economy globalized as the need to create a certain basket of world currencies he's going to rise it's going to be many years before we get there though look at the wood in which you will get it thank you very much for your time. this is just a parliament building in. that. sixty five years ago. was the final target the last major offensive from an army.

scout became the symbol on the forum assigned to sit in. on the victory over nazi germany. the follow. on r.g.p. . holidaymakers wouldn't dare to swim so deep. that tourist would be scared of such cold water. and would never die if nothing within a monster. they are not two lists they are researchers. and feel worse on land than in deep water.

if. motion would be soon which brightened if you knew about sound from phones to christians. who threw stones on t.v. don't come. more news today violence is once again flared up the film these are the images go for it has been seeing from the streets of canada. china operations are the day. they faced it this is not a provocation but a warning that. the forces that we should use steverson are you sure disapprove retraced recently they have no idea about the hardships to face.

i wanted to says it all go to news and for any army the life of a usaf mother is the most precious thing in the world. is of self-sacrifice and heroism with those who understand the feeling that you have to live a. real life stories from world war two. the true one nine hundred forty five dollars on t.v. dot com. putting a stop to currency wars world financial leaders agreed to fight artificial devaluation in their final statement at the g. twenty summit. in one to charity human rights groups in israel are being forced underground as that permits are withdrawn accusations of supporting terrorism. also a washington reporter claims the government mail bomb plot was simply

a hoax by intelligence services to influence voters before the midterm elections. what is next i'll union and looks like a brand new durham for russian motor sport lies just ahead when you say kerry just a few weeks ago russia find out it was going to have its first forty one race in sochi that's a twenty four team next year they're going to have their own team canada better than that exciting times ahead what is next as well. if your company bases ports today i'm going to mail the u.s. are heading. to the door less than a month after russia signs a deal goes to its first ever the one race the country set to have its own reward team. bomb attack

a russian basketball coach bruce hears new makes loyal scenes overseeing his club side could be big in the law school region if you. begin japan but also in russia after moscow was awarded the world cup for twenty eleven the first time the finals will be held its home country. russian motor sport fans can afford themselves on another smile today the country will now have its own team after signing terms with existing squad virgin racing now the squad will be known as motor c.e.o. or virgin racing after russia's an old girl super car manufacturer of bought a stake in richard branson's company the new partnership will be headed by russian top gear presenter on racing driver himself. it comes just weeks after russia got the nod to pull its first f one race in sochi in twenty four team the c.m. near the city will welcome the world for the winter olympic games for no one

currently has just the single russian driver of a tell you patrol for speculation is not a right that the v. board rocket will switch teams to monitor see a virgin. ok that brings us to more pressing matters in formula one where the twenty ten season will not know its champion until the very last day for man in all ken rahn victorious in abu dhabi on sunday ferrari's fernando alonso is the bookies favorites with the leader closely followed by the red bull jew of mark webber and sebastian vettel to thaw and then it went on lewis hamilton is in with a shot as well though he seems to have already switched his attention to the off season. it went. to be a million different things i could do but. last year i went to the mountains a little bit sensitive most of the absolute rubbish and so when i did my training out there for the whole two months and it was the best friend enough that i'm a whole lot so i plan to do the same thing it's high altitude training so of course country skiing. hiking up the mountain and i hope this year i might be up to

snowboard down but he's got a big risk before that of course let's move to basketball where him he hopes of making a second straight euro league top sixteen appearance suffered a knock on thursday the russian i fed racking up last two for this season against mccabe tell if they've found here spend the action. it for me to face and the big bang david came back to russia peacetime as a coach of the tel aviv side and then mary can stress how special team so big. it's any good to rush. to the site in these games as mcabee showed no mercy to him garryowen the visitors even any space in show decent percentage

was struggling and finished the first down by eleven points i but in the third quarter the home side managed to alter the course of the game keep the game creative in attack and started to make three pointers sitters crayola pushed his side forward and they tied the game in the final quarter and the slab by krishna then one point twenty eight seconds to go because he failed to score in the next attack and he warned the driving seat. of the ball. out of bombs and not be banished the hosts am. seal had the last possession of the game in one second of time but committed the same mistake again even in the first ration for him kids. need to learn how to keep a lead we need to take

a game again we just gave it away. we had a game to get away and it's on the especially. early on. the combat focused next on david. meanwhile said it was a well deserved beat three for his side first of all let's be honest for two quarters we were dominant we dominated the game the third quarter we had a bad quarter and they had a good quarter and for the first three minutes before i would say probably sixty seventy percent of the game we were the better to seventy eight to seventy six was the final score there for a hugely disappointing loss and they will just hope they'll be able to put it behind them soon but you missed it our team. ok let's stay on the hardwood a little longer where the golden state warriors were unable to withstand the stampede in chicago on thursday night the bowls running rampant in

a thirty points victory their second win and a three game home for chicago setting the pace early on against the weary warriors who've been having a hard time of late keeping up the temple after flying from new york for back to rule against the old dang chipping in twenty six points for the home squad. rules also working up a sweat this dunk part of a twenty two point average for the windy city is free for some the visitors gasping for breath old game along with the bones never letting up the pressure until they supplied him with uncomfortable when one hundred twenty to ninety how it ended up. elsewhere on one of the preseason favorites the miami heat have yet to begin scorching top level competition last year's finalists boston getting the better of the star studded lineup of the bron james chris bosh and wayne wade for the second time this season miami's record stands at five wins four losses reeling champions los angeles meanwhile lost their first game and nine i things going into the denver

nuggets. ok let's move to football where the latest big name to join the north american major league soccer ranks his first public outing with his new team beckon make room europeans and telling us consultant to f c tronto the current canadian champions. soccer in one way is a very simple game you know it's not very complicated to understand putting the pieces together for a club and all the city for a successful club in the future time to reach the playoffs and i mean to win the m.l.s. cup and that and reaching their goals is a big postle so you have to put together a lot of pieces in the big in this possible in order to to make things work. ok let's move to spain where valencia gone up by securing the first kings cup of the new decade in some style last shape may have been up against fourth division opponents but a seven one i get win is substantial in anyone's book. though lowly did

briefly spoil the party moment till you can see the subtle giving the visitors to be just minutes in one way traffic would soon ensued however the seven time champions knocking home three goals from two i first spell this school second marking the midfielder as a definite one to watch number four from. a superb finish as well leaving plenty to push through us. the wall beazer meanwhile rolling right along in the world of rugby a strictly a continually a living up to their status off second favorites for the twenty eleven world cup they face any hints on saturday's seeking to maintain their perfect record with four games to go on a year ending european tour the home of english rugby that is of course twickenham seemingly a trying growing for the host recently into using four of their own for this much as a legendary venue he also went on to be a stray leans in sydney last june. and the other hands have already beaten the

likes of new zealand's wheels on danish champions leicester with ease in their current consonantal run despite the aussies welcoming back hooper stephen moore for the country deans believes a tough eighty minutes lies ahead. for the lead to be a great performance. because english will bring a big performance got a bit frustrated at last repression good rugby didn't get why they had come looking for a man of the wrong in my class by those who don't agree we don't want that. for a tad. finally moscow usman handed the prestige of hosting the first hour. kudo world cup side of japan the coup celebrated with a demonstration of the relatively new martial arts kudo is a mismatch of various techniques with the main elements comprising of boxing just suit it first appeared a separate style in one thousand nine hundred one quickly gaining worldwide

popularity russians essentially adopted the sport as its own and in fact dominated the last world championships winning all seven gold medals on offer of next year's world cup will be key to his first major event outside its native land of japan tournament the rest the squad will need to clean up but once again. one of the reasons we managed to win the right to stage this tournament is i would try him for the world championships the great sounds he pick on chance too much is very impressive myope progress he used old advantages of marius martial arts and created and the russian fighter was too cold base from kuta and developed into a little into a more defensive martial art. is one of the crew is very popular in russia because it is more realistic the grace of and spectacular on one hand almost all the punches and kicks are allowed and on the other hand it is safe because of the equipment and of course we want to be included in the program of the olympic games . and that is our time up once again i'll see you soon do stick or under the

weather is coming up in just a tick. polishers that so much could be going to make a lot of people here you have heard what makes a person powerful and influential maybe it is a combination of numerous factors and forbes magazine sixty most powerful.

this is just a parliament building in. them. sixty five years ago. it was the final target i'm going to move through from some from the army. it's captured became the symbol on the form of functions sitting. on the fig tree where nazi germany. the fallen. on r.g.p. . wealthy british style it's sometimes. hard

. to put the. market on scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines to cause a report on. the talking is now over at this fifty twenty summit here in seoul with leaders that pledging to develop early warning indicators to head off any future economic turmoil. anybody who supports justice propels the ends and palestinian refugees is an enemy of israel and since pro quo the terrorist human rights groups in israel are being forced on the ground that permits

withdrawing their accusations of supporting terrorism. it seemed or against tradition in chechnya where outrage of a customary bride kidnapping doesn't stop some young men from. simply taking the women they want. out there and welcome to r.t. international news twenty four hours a day the g twenty has agreed to work to prevent currency wars which could threaten global trade growth tensions between the u.s. and major exports such as china and germany had overshadowed the summit insult the countries have been accused of using each other of manipulating currency rates now the world's leading economies have decided to take time out and discuss fresh solutions.