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welcome back you're watching r t live from moscow here's a look at the top stories extradited russian businessman viktor board accuses washington of trying to force his confession he denies all charges including conspiracy to kill americans and supplying arms to terrorist groups or it was extradited from thailand after what russia has called on president a political pressure from the u.s. . security on ally the white house val's to do whatever it takes to see a way arms reduction treaty between russia and the u.s. has more republicans push to postpone its ratification some americans claim the.

trying to score points against barack obama by boycotting it and anything he supports. and rising tension roma gypsies say they are being. countries are using your. excuse to target they're finding it hard to integrate because they claim no one is willing to accept them or give them a chance. global have the weights have been working to find a remedy for the world's economic strife forms to the far east but with no obvious solution on the table our t. caught up with author and journalist donald kirk to hear his views. how best to restructure global financial institutions like the world bank and the i.m.f. to better reflect today's economic landscape that's the challenge facing world leaders and businessmen and as tensions rise over the young. the so-called currency war and the related to see with global trade imbalances raising the risk of

a move towards protectionism the pressure really is on to talk us through some of these challenges i'm not very p.c. i'm joined by all correspondent from the christian science monitor. many thanks for being with us. mr kerik now we are in the midst of what's being dubbed a currency war with the u.s. and china really at loggerheads each accusing the other of currency manipulation do you think there's a way out of this and well maybe a way out of it but i'm not. certain that we're going to get out of it any time soon the g. twenty summit did not come out with any real consensus on currency balances they certainly came out with strong resolution very so it's not good and they said volatility is not good and all this other stuff is not good but actually agree on a way to on the way to resolve it aside from recognizing the problem and saying yes

let's try to resolve it and then of course there's also the. issue of global trade imbalances do you think the u.s. is justified in asking export having countries like china and germany to curb their reliance on exports in order to to rebalance trade and librium well you know i don't know if the u.s. is justified but i will say the u.s. has a terrific trade deficit and the trade deficit with china is just enormous you know it's like trying to export several times as much as the u.s. next. to china and so you know from a burman american point of view the u.s. has got to do something about this obviously the u.s. has to take care of a lot of domestic problems its own problems its own internal problems no doubt about that but they also have to lean on exports to raise the value of their currency to more realistic levels as president obama pointed out quite frankly in his press conference china intervenes heavily in the market to keep the you want to

keep the renminbi that you won at a lower rate than it really should be so you know. the u.s. has to do something and they've got to they've got to improve domestically and they've got to try to improve they've got to try to slash. you know surpluses of other countries i can't blame the us for for behaving that way and we don't want of this school pulling going on they do you think that there really is a danger that countries might be considered local to their reign me if you'd like to see a protectionist policies i think there's a real danger of that and the danger is not just countries elsewhere around the world of the dangers of in the u.s. the american congress might get protectionist if this goes on they're not going to get protection is right away they're not going to get protectionist next year the next congress is not going to be protectionist but over the years protectionist sentiment could certainly build and finally the congress would say ok keep out all

this foreign stuff you know that's. all these imports i'm not saying that's good that that part is not good. in fact that's a real danger that's not a solution that's a danger but that could happen and also other countries could certainly respond with protectionist measures of their own a lot of countries already have protectionist measures one of one sort or another you know where does all of that b.p. if you're a free trade something that wealthy just consistently fake it back. but we see we've been told much for waves well i think free trade is. it is in danger here you know will we see a movie that's part of what this g. twenty was all about to encourage free trade to bring down some of the barriers to encourage countries to take a more open position and to do something about their overvalued their undervalued currency and so forth and you know that's that's what this kind of talk fest is all about but there is a danger free trade is that is in danger here and how would you gauge gloop

reaction to that shock announcement we recently had from the federal reserve that it was going to a ball on the fact rounds of quantitative easing that six hundred billion told is being pumped into the economy we had some very shell christmas coming out from developing a call me saying that that's seriously bored it could whomp their markets but also from countries like germany right right that was a shocking announcement that the u.s. federal reserve announced that it was buying treasury bonds worth six hundred billion dollars and this was on top of the previous purchase of treasury bonds worth one point seven billion dollars this you know is an invitation for the u.s. to print ever more one hundred dollar bills i mean what do you pay for that stuff with you know you know pay for by writing a check you pay for it ultimately in the end you pay for it by cash and this cash starts hitting world markets some markets are more volatile than others and

obviously it's going to have an effect that while the world responds now the u.s. response is we have to do something to improve our economy to overcome our deficits our economy improves that means your economy will improve because we'll be doing more business you'll even be selling more stuff to the u.s. and will be buying more stuff from you so you know there are no doubt there are arguments pro and con but it was a shock and. you know there are some people who are not quite as critical to us as others but i don't recall anybody. us i don't recall anybody saying oh smart move i don't i don't think i don't think anybody said that there were some people who were not critical but they didn't they didn't they were not in favor either you know you mentioned that the relevance of the g twenty people here in seoul maybe felt disconnected towards the summit that they went excited about and said how relevant would you say that this group is today and and how united is it is there still

a consensus do you think among its members to really change the well financial system well they're desperately trying to give that impression i don't think there is a consensus but they're trying they're trying to give that impression and they're not united i mean twenty twenty countries with so many from so many different issues i'm sorry different parts of the world and so many concerns going to be united however one significant aspect of this g. twenty was that it gave more more say considerably more say the what are called emerging market countries led by china which is you know the biggest obviously the biggest one but also including such powers as india indonesia was here saudi arabia was your turkey was your you know there were a lot of countries that were represented here they weren't getting any kind of representation before. substantively in terms of real action not just talking the g. twenty did in-doors the move by the international monetary fund the i.m.f.

to give greater quotas to china to india to other emerging market countries to give considerably greater quotas to those countries and also to give them two more board seats taking away two seats from european countries something that we didn't really hear much movement on is not only going to bates but the u.s. dollar as a reserve currency and america's management of it what do you think that it would take the leading countries to really begin to see multi-currency. well i think they may be on the way to that some people think you want renminbi chinese. might become you know a global currency if you were on the streets of america conducting interviews of people and you ask you know what i read and then be as they wouldn't have a clue you know absolutely no clue and asked them what do you want it was they would know what you're talking about either i'm quite sure they would. they should know what british sterling is all about. you know a few other cars and they certainly heard of the japanese yen but you know as time

goes on as the emerging market countries gain power and influence and as this part of the world soars economically you know not just china but korea you know japan they say is stagnant it was not really stagnant it's a very productive country you know there's their g.d.p. is it may not be increasing as much as other countries but it's not going down either you know it's and it's a major world economic power so this part of the world is as if it increases in importance is there is a chance of the dollar may and as the dollar and if the dollar deep freeze. further there is a chance that other countries other currencies may soon may come to the fore and we'll have a multi currency system and i can't rule that out it's possible then maybe brabo. make it that interesting suggestion we have we speak from the well bank chief. so

exhausting we. go with the central and can't think guy behind me i think we've got to make way quite awhile for that to happen it's an interesting idea i enjoyed reading the article but. beyond that i'm not totally sure if it's ever going to happen or if it's just kind of a fun idea which was which he mooted and which we can all talk about but we don't have to take all that seriously many thanks for joining us here on a good to be with you thank you.

wealthy british stock. market. find out what's really happening to the global economy. for a no holds barred look at the global financial headlines kaiser reports on. those so many years of time some former prisoners. are still along. as well as good fortune. those so many years have passed. some are hoping to find the same. others take their executioners

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extradited russian businessman victor borge accuses washington of trying to force his confession he denies all charges including conspiracy to kill americans and supplying arms to terrorist groups bush was extradited from thailand after what russia has called him first then the political pressure from the u.s. . security on the line the white house vows to do whatever it takes to seal the arms reduction treaty between russia and us as more republicans push to postpone it's rather cation some americans claim they're trying to score points of finance blog obama by boycotting anything he supports. and rising tension roma gypsies say they're being outcast claiming european countries are using the fight against

crime as an excuse to target them and they're blaming their inability to integrate on nobody except them. that brings us up to date who wanted to take a look what's happening in sports romana is here with us in the studio and i'm not so cheerful news from the russian national football team that's right where you know it's bad news indeed as russia and the international season all know low notes with a two zero home defeat against belgium i got more on that in just a moment. hello and welcome to sports on our t.v. with the latest from russia and around the globe i'm on cost of and let's start with our top stories in brief. home defeat of the gods of russia stumble against his former side as belgium win their international friendly two zero in the city all but on his. first win in five years daniele messi breaks

argentina's losing streak against brazil in doha. and london calling fresh from winning the world championships russia's women's volleyball team targets olympic gold in twenty years well. let's start with football words you can because russia losses form a side as belgian one two zero in an international friendly in vote on issues and richard von portly has all the details. russia's friendly with belgium was a historic moment for iran is located five hundred kilometers south of moscow it's the first time this city of just under a million inhabitants has ever hosted a full international match the reason for an issue sting this game is all part of russia's plan to host the two thousand and eighteen world cup with the national team playing matches around the country interests running as mine has been colossal with all tickets have been sold out weeks ago while there is a hotel room preparing for love or money and playing this match may go some way to

easing the pain of a wrong is as if russia wins the right to host the two thousand and eighteen world cup the city won't be hosting any games the virgins haven't had the best of preparations for the game they were due to arrive in brawn years and choose the evening but were unable to learn due to fog and only ride five hours before the game even the full said wasn't ideal we had and we hadn't slipped. into a tree in the morning so everything was was against us then later rival certainly didn't have the belgians as they would make an express starts after just two minutes visitors took the lead a seventeen year old role model. to full advantage of a bad mistake by ego i can theory if the score his first goal for his country and stunned the home fans. russia are enjoying plenty of possession but they were unable to turn this advantage into goals thursday a billionaire dino failed to make the most of a good opportunity on ninety minutes as he saw his curling shot go just wide and

then midway through the half roman shishkin who was born in but on the issue and was making his first appearance of a national team in free and a half years stung the palms of chilled francoise gear belgium were content to play on the counter-attack and they could have doubled their lead two minutes before half time break but who kaka was unable to find dim bailey who was totally armont russia continued to enjoy the lions share of possession of the second half and created a number of opportunities to wastefulness in front of goal was becoming a big problem for the home side and on some differing minutes for visitors would double their lead impressively kaka manage the whole of the challenge of debrett's and speak to us in pubs illegally before firing past a helpless i can face with but never issue of a mountain to climb a substitute alexander because of kind of half the deficit but he blasted over wastefully as belgium would ease to a two no when. i don't know if there were any positives you know again today we haven't shown a good performance but still it was

a big day for our own issue and me being a year or two we'll see a club from b.c.d. in the premier league and when we had chances but we didn't score probably because we like concentration it's an end of the season and we might be tired plus of course we committed to big mistakes in defense. i deserve one for belgium who got one over to cover the cats who quit the red devils in april after managing them for only six months we didn't talk much about him the less and less today but. in the it's always nice if you can win against a former coach and. ok that's nice a disappointing end of the year for russia to finish two thousand and ten with a defeats however the experience of playing the wrong is she was one of the few plus points as the crowd provided dick advocaat side with fantastic support right the game which a bump hopefully don't see her on the issue. more international friendlies took place across the world on wednesday and let's go straight to their arabian peninsula and the south americans are bay in doha barcelona striker lenell messi

scored the only goal of the match against brazil well into stop the sun that's what it's our world player of the year dribble past three defenders before accurately placing the ball into the gulf keeper's far left corner brazil had plenty of chances of their role throughout the match all because the pleasing the v.i.p. guest. there when became argentina's first in six attempts against the fights on world champions. moving on to portugal where world and european champions spain was thrashed by the hosts four zero the home side open the score shortly before the half time break through great individual skills by christian or an elder whose deflected shot was picked up by carlos martin's who blasted it into the net portugal doubled their lead just three minutes into the second period held their post scored his first on the night after a brit low cross by nani now less than twenty minutes later the same man found himself alone in front of the spanish goalkeeper to stretch the lead to three goals

hugo all made it took full advantage of spain's depleted defense in injury time and made this war somewhat embarrassing for the world champions. and not the world cup finalists netherlands had better luck on wednesday against turkey led by the former russian coach guus hiddink also dutchman by the way the match was decided in the second half after an error by the turkish defense as had weak is my general valencia scored the only goal of the game. meanwhile ahead of all those matches fi for release their new world rankings where russia have slipped down three places and dropped out of the tops and into thirteenth spot there are no other changes in the world and european champions spain are still leading bilis world cup runners of the netherlands are second with brazil in third there followed by germany argentina engler. portugal and croatia while egypt have risen one place to capture tens. also greece and norway are ahead of russia occupying eleventh and

twelve spots respectively but stick it because men are higher than two thousand and six world cup winners italy for fourteenth russia's euro qualifying campaign group b. rivals slovakia are eighteen. now russia's women's volleyball team are setting their sights on gold at the big games in london after winning the world championships in japan and the last weekend's see russia one a thrilling final against brazil on sunday to clinch their second straight world title lots are winning all eleven games at the championships and russia as head coach of the result can admit their fans would expect is side to repeat the success in london in two thousand and twelve but he remains philosophical about it seems chances at the olympics. i would like people not to forget that these are sport and no one in sport can be guaranteed opponents will come up stronger in two years but we only think about weaning if any competition including

their lympics meanwhile all rush just want to send world and european champions that will take part in the next summer olympics were invited to the kremlin by president dmitry medvedev who admitted it taken him a while to get a medal count from this year after a series of good russian performances on the international circuit the russian president had been attending the g. twenty summit in japan while he was also there and obviously he began his speech marking their performance which brought them back to back world championships at the weekend in two thousand and ten russia won over seventy medals and numbers disciplines including gymnastics wrestling and swimming and present that if you wish them all more victories and the support of their fans. there is another very important part to success which is really talked about and but it's very important for any athlete and that is the fans. should not just be on the surface it should be based on trust be kind considerable you might say no

matter if the athlete wiggins or loses it happens to everyone even politicians who . find that it would turn to the center with the first stage of the euro hawk its war over the season has resumed and the gores have extended their lead of that all the table let's take a look at this in style. five nil on home ice elsewhere though work eight other games and. the winning goal in overtime is. for home but if they had often been east also need the extra time to register for win over several styles of wild or second in the west last said bodies in a shoot out in other games defending regular season champions. have solved in bought five goals to afford to keep his tracks or buy single gold and rupees at. the region side of plots and hold everyone struggling sports are reduced to three

one victory at the make and finally defending champions came from three goals down to win six five at home to scott st petersburg and the shoot out. and that's all for right now join us again very soon or you can get an update on sport in russia and around the world at any time in our website then artsy dot com and enjoy thanks for watching. for the full story we've got it for. the biggest issues get a human voice face to face with the news maker. in taiwan. this type. typee the how it

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