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tv   [untitled]    November 12, 2010 12:30pm-1:00pm EST

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how is much better to talk about what's in the flow. and we find. it. 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. and we must be very careful about discontinuing economy support measures demand still needs to be supported so there is this continuation of anti cresses measures will be a prolonged process of 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 it is very hard to find the best solution but joint efforts by countries have been fruitful so we hope that the
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whole world is not going to fold back to new problems. and all of. this tell you that. the u.s. just poured six hundred billion dollars into their economy do you think america is exporting its crisis abroad. 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 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 that easy money
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flowing into developing markets may boost asset prices so some countries may experience certain difficulties i wouldn't say though that such measures a go into drove us all into another price as. thank you. so much for that. 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 within common coordinated efforts the exchange rates 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 now the world may not benefit from it that much the world isn't going to and as much as china is
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going to lose. china is also a driver of growth these days so i think the flexible rate policy should be implemented gradually. today i detect certain minor displays of i go to isn't on the part of some states for. the u.s. criticizes china for devaluing the want 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 who are not suffering much from this policy now although in the medium and long term perspective we do hope that china adopts a more flexible policy today never 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 see compromises and common consensus within the g twenty we occasionally act as an intermediary both within brick and the g twenty in
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the search for consensus with russia sees it as one of its roles as well because he can still run. 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. probably more with the best 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 only keeping their currencies low this may lead to other protective measures being used so she is 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
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flexibility of exchange rates. there have been propositions here to determine exchange rates be called into 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 were not implemented at this summit. second responsible economic 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 to schedule of developing such regulations those are just first steps which will eventually lead to
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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 of these measures are under way now but most likely that will be ready by the next summit of the will to live from seven. but two years ago leaders also propose to fight protectionism and in fact it got worse. 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 over we all realize that some extreme measures are needed to make sure such protectionist barriers do not appear again
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the news about a year to come out. 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 cool down one top position with 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 month india the eighth brazil the tenth and china the third biggest shareholder that means that our 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 i.m.f. decision making has definitely grown bigger. than our system of the. president or
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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. 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 big to any national resources like gold you could pick him to move to writing them but if you puzzle. how much of a chance is there that we could see countries the world's economic powers switch to a multi currency reserve. would be shipped by me to go but is
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a i think in future as the economy globalized as the need to create a certain basket of world currencies is going to rise it's going to be many years before we get there though look at what we're doing with you know bit. thank you very much for your time. this is just a parliament building in. them. sixty five years ago. it was the final target on the last major offensive from the main army. of scantron became the symbol on the fall of the financial system. and the victory only were nazi germany. the fall of.
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holidaymaker who wouldn't dare to swim so deep. a tourist would be scared of such cold water. and would never die if nothing seemed within arm's reach. but they are not to lists they are researchers. and film wars on land then in deep water. though so many years of past some form of prisoners. are still a lot. as well this is for sure. those so many years of time. some are hoping to find the same. others
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take their executioners and i'm longing for justice. those so many years of past and memory is still a minus. as well. as call country. a moment when the world has changed forever. thousands passed to nothingness. thousands wounded. and doomed to suffer today. was the first but probably not the last military uses of this weapon. many more. common get on in the future.
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more news today violence has once again flared up the film these are the images go for it has been seeing from the streets of canada. china operations are on the day . culture is that so much you really believe in a lot of people your reasoning ability what makes a person powerful and influential maybe it is a combination of numerous factors and forbes magazine sixty most powerful. things this is not a provocation but warned. that we should use everybody is sure to sort of pre-treat because they have no idea about the hardships that we
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face. plate wanted. to do to. bring the army to life never use the other is the most precious thing in the world. is of self-sacrifice and heroism with those who understand fully that you have to live a. real life stories from. nineteen forty five dot com. top stories this friday night from our two g. twenty leaders agreed not to use currencies this is to protect themselves while throwing up trouble for other countries of the same time but economists warn likely to translate into real action. betrayed by the boss a russian newspaper says it's a mask of a man who claims sold out to tell agents expelled from the u.s. the president would better says the revelations are no surprise and that he was
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aware of the source. of israel's accusing pro palestinian charities of fueling the conflict in the region and supporting terrorism claims the activists say groundless several charities have been forced on the ground after israeli authorities revoked their work it's twenty forty five thanks for being with us tonight the tally is c o two and that means it's time to slow down the tally in the last race the formula one season coming up this weekend. that's right any lewis hamilton is fastest in practice in alba dobby he's one of the four drive us still battling for the championship even though his chances are pretty slim about the rest of the sport i would thank you. hello and welcome this is this course news on r.t.m. we begin with if you look at the headlines there is hamilton's emanates practice of all the current grand prix i had
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a fellow title chasers alone so webber to tell. you the end of the ravens fourth quarter comeback deny i do not plan to as the falcons get the win for the best record in the league. and it's a one certain gulf war and i'll be the guy was hit by none other than robert allen best shot on the second day of the aussie masters. while studying with formula one and mcclaren series hamilton increases the pressure on three title favorites by recording the fastest time in practice for the season ending grand prix red bulls the boston battell the race winner here last year was fastest ahead of hamilton in the opening session and then will second to the briton in the latest fashion champions he later fernando alonso was third fastest with the towels teammate mark webber coming forth in both practice sessions forty years ago that more. little one driver said in these races that there is no doubt they'd still need to
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go flat out you know the approach doesn't change for the last couple roses and change for myself at least we'll change here so you know so long we can try to do a little burst and be you know try to put us in this is similar position and then in korea a bus for us and we see. moving to basketball where him kids hopes making the euro league top sixteen suffered a knock the russians reckon up their second loss of the season against tel aviv crap subjection. it for me to face and the makati bank church david came back to russia time as a coach of the tel aviv side and then merican stress how special visa to came.
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to russia soon after the sudden we saw these games as macabre he showed no mercy to him carry on the visitors given any space and show decent percentage. in and finish that down by eleven points. but in the third quarter the home side managed to alter the course of the game became more creative and tagged and started to make free pointers seizures pushed his side forward and they tied the game in the evening of the final quarter and the slab by krishna then one point eight seconds to go. be failed to score in the next attack and the driving seat. of the plane it's out of bombs and makati bunch the hosts.
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had possession of the game in one second of time but committed the same mistake again given the. frustration for him. we need to learn how to keep a lead we need to learn how to take a game and i was a game we just gave it away. and it doesn't matter how anybody play we had a game if we just gave it away then it's on the move especially the last two in a row so you know bursts through early. and we have to come back focused try to win next time david block meanwhile said it was a well deserved week 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 for the first three minutes of the fourth and also i would say probably sixty seventy percent of the game we were the better team 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
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behind them soon but you missed it r t. let's move on to the m.l.s. now where the latest big name to join the league has had his first public outing with his new team david beckham tyrian remake room you're going klinsmann's in town last consultant to assay toronto 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 obviously for a successful club in the future time to reach the playoffs and i mean to win the m.l.s. cup and reaching that goals is a big possible so you have to put together a lot of pieces in the big picture in this possible in order to to make things work and over in england they expectations are high as ever for men just to say team right now they're fourth in the table after a goal is joining the dob against united and on saturday roberto mancini's team welcomed a struggling but. well we don't pressure i do in that. position is
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moment. before we must be there we must be one game. for the game will be difficult because it was going to be a stalker three days ago with d.m. they have a good manager their football team. and when you play every three days you are. sure they played one day before us. and there were very well. and moving to spain now where balancer have gone about securing the first kings cup of the new decade in some style balance and they have been up against a fourth division opponents but a seven one aggregate win is substantial in anyone's book the lowly la grone is did briefly spoil the ponting want to tonio garcia sound of giving the visitors the lead just a minutes into the match one wave and said traffic would follow soon however the
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seven time copa del rey went as knocking home three goals within nineteen minutes in the first off only this second marking the midfielder as a definite want to watch and not before from sufi on if they go any a superb finish as well allowing the lancet to cruise with a is into the last sixteen of the course of the world. and a focal but now thursday night edition and it was a clash between two of the best teams in the league with the atlanta falcons hanging on against the fourth quarter comeback by the baltimore ravens here is major os above with the highlights for the atlanta falcons seventeen and one at home with matt ryan as one about going into this contest against joe flacco in the baltimore ravens fourth quarter is one pick up the action ryan finds roddy white in the end zone for the score but the falcons didn't go for the two point conversion meaning is just a thirteen point game with plenty of time left in the corner. so joe flacco really
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sees to back him this thing just over a minute on the clock flacco canasta with tired and todd heap and just like that baltimore is up by a point and didn't even need more than that he was dirty two hundred fifty for three hundred sixty yards and on this final drive how about this huge third down conversions on the thirty yard delivery to michael jenkins and then he just goes to his favorite target to finish it off twelve catches four hundred thirty yards in this one for white gets the touchdown and the win with this one as the falcons now have the best record in football at least until the weekend at seven am to meet us before our team now in gulf news tiger woods failed to improve his chances of winning his first title this season on the second day of the all the miles as in melbourne they recently dethroned world number one and defending champion karting a want to over seventy two snapped in joint sixty and made way through the tune amends. meanwhile this man did much better on friday local favorite adam bland is sitting comfortably av the top after posting saves birdies in
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a round of sixty seven bland as two shots ahead of the chasing pack which includes fellow australian stalls daniel gaunt in third answer here garcia in fourth but the shot of the day probably belonged to another all zero but allonby who found a man from the team at the town's hell. the wall is i mean while rolling right along in the world of rugby all strella can see nearly living up to the status of second favorites for the twenty eleven world cup they face england on saturday seeking to maintain their perfect record with four games to go on a year ending european tour the helm of bengal a shrug but twickenham seemingly a trying ground for the hosts recently in england losing four of their last half a dozen much as at the legendary venue they also went down to the australians in sydney last june they will visit on the other hand have already beat new zealand wales and english champions less time in their current consonantal wrong coach
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robbie deans believes eighty minutes splines i have despised the aussies who are stephen moore is back for the game. in the lead to be a great performance of the story because english will bring a big performance and it got a bit frustrated at last recession good rugby didn't get fired like the term they were looking for and that if you're going to be my question from those who don't agree we don't want that so we think you've retired for some time you know truth is this week. and spoke for the moment let's have a check on the world weather now stay with us. sure is that so much of anything to make you a lot of people are curious but look at what makes a person powerful and influential maybe it is a combination of numerous factors and forbes magazine sixty most powerful.
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it.
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all. yes.
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wealthy british style. sometimes guys. markets why not. come to. find out what's really happening to the global economy with mike's cancer for a no holds barred look at the global financial headlines tune into kinds a report on our.
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question. see the g. twenty leaders agree not to use currencies as weapons to protect themselves while slowing of trouble for other countries at the same time but economists warn that's unlikely to translate into any real action we report for you also. an intelligence officer gong to be another sign. uncovered after decades of secret work find out the latest twist to the spy ring saga we are in our program. this
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rail accuses probe charities and fueling the conflict in the region and supporting terrorism and revokes their permits forcing them on the ground. hello this is r t it's nine pm friday night here in moscow you most welcome it's kevin owen here with the top story for you tonight in the world's richest economies agree they don't want currency wars but failed to come up with anything concrete to stop the g. twenty summit experts say a solution is still a long way off as tension simmer between the u.s. and the major exporters such as china and germany he said this and now it reports tonight from seoul while the g twenty has come and gone unfortunately so how and now there are.

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