tv [untitled] November 18, 2010 2:30pm-3:00pm EST
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a participant of the world festival of russian language and will an exciting trip to st petersburg in russia. for more information visit the festival website. from the russian capital twenty four top stories now the presidents. have discussed iran's nuclear ambitions they talked on the sidelines of a summit in azerbaijan where five nations and messing up their claims to the caspian seems energy resources. president obama is pushing the congress to approve the key arms reduction deal with russia before the end of the year republicans have been stalling it. and russian business. says u.s. authorities pressured him into confessing. charges of arms trafficking and
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terrorism he says he's not guilty moscow says it will offer consular help to boot but officials stress that doesn't mean they consider him innocent. fifteen minutes from now in the meantime global heavyweights have been working to find a remedy to the world's economic strife that forms in the asia pacific region well to discuss the situation with no obvious solution r.t. caught up with the author and journalist donald kirk to hear his v's. 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 beyond. the so-called currency war 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
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these challenges i'm not very p.c. i'm joined by 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 you think there's a way out of this and well there may be 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 so that 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 be 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
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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 equip 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 roman 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 and 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 the you want at
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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 a call to the rain if you like can see you at 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 protectionist 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 decrease all these imports i'm not saying that's
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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 and where does all of that b.p. if you're a free trade get something that wealthy disk consistently state it back to 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
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reaction to that shock announcement we recently had from the federal reserve that it was going to a second round of quantitative easing that six hundred billion told is being pumped into the economy we have some partial christmas coming out from developing a coming saying that they're seriously bored it could whomp their markets but also from countries like germany right right that was a shocker. 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 this 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.
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response is we have to do something to improve our economy to overcome our deficits if 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 us and we'll 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. i recall you know there are some people who are not quite as critical to us as others but i don't recall anybody. lauding the u.s. move i don't recall anybody saying oh smart move i don't i don't think i don't think anybody said that there was 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
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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 them so 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 to 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 here turkey was here 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
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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 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 multi-currency. well i think they may be on the way to that some people think you want the renminbi chinese. might become you know a global currency if you were on the streets of america conducting interviews with 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 yes and what do you want 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
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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 is a very productive country you know there's the 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 him it's a major world economic power so this part of the world. as it increases in importance is there is a chance of the dollar may and as the dollar and if the dollar deeper. 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 suggesting we have to be from the wealth bank chief. so exhausting we. go with other potential i think i can speak i think we've got to
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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 style. pastime. markets why not come to. find out what's really happening to the global economy
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with max culture for a no holds barred look at the global financial headlines tune in to cons a report on our. large married mother could not live with her because. he was afraid. and she was very covert. she froze. our lives frankenstein's monster. we don't have the problem. every. effort is made. in the palestinian or in the european saudi to negotiate an end to the violent attacks against israel which i have no fear of war call the cowards song goes you have no fear calling the leader of the state of israel one of the main terrorists in the world.
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we are supposed to be seriously examining history but you mention a few words about jewish culture labyrinth and people get so upset this is i'm sorry to say it's a form of emotional blackmail. some former prisoners. are still a lot. as well this is for sure. those so many years. some are hoping to find the same. longing for justice. those so many years of past
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top stories. president obama is pushing congress to approve the q arms reduction deal with russia before the end of the year the problems have been stalling at. russian businessmen to bring u.s. authorities pressured him into confessing to charges of arms trafficking and terrorism and says he is not guilty moscow says it will offer cultural help to prove but officials stress that doesn't mean they consider him innocent.
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object store with sports highlights with kate's and it's been a big day of the headquarters of world football's governing body isn't it and sony has the yes with just two weeks to go until the announcement is made about who will host the twenty eighteen and twenty twenty two world cups before have suspended two of the band involved in the vote war and that that's next. hello welcome to the sports news life from r.t. in moscow and here the headlines. two fold banoffee for suspend two top men from next month's world cup voting afternoon best again into corruption. while the main man is the alex ferguson who talks about being the most important figure at manchester united after twenty four years in charge. and big man's world volleyball champion beauty and the cool of our targets national european and then picked gold
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medals. and we start with football and fever has suspended two executive committee members from voting for the twenty eighteen and twenty twenty two world cups after completing an investigation into allegations of corruption nigeria's a must adamu was banned from football activity for three years and fined ten thousand u s dollars while reynolds to mari from tahiti was suspended for one year and fined five thousand dollars over claims they asked for money in exchange for world cup votes but twenty eighteen spain portugal and twenty twenty two. cattle beds are cleared of collision the ballots will proceed on december the second with twenty two voters instead of twenty four and nine candidates across the t.v. ads it's important for the future i mean it's it shows that within fifty four we have a structure the committee which was appointed since day one to many to all the big process in these attacks committee has not only money told but make sure they have made decisions sure that again i mean we give us all the tools i would say to
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ensure that what we're doing knowing the big it is today when you think about the people who would be coming on december twenty eighth. to attend this announcement to make sure that no one will be able to. i would say to challenge the way we run these eighteen month process. staying with football and russia currently top of group b. in the euro two thousand and twelve qualifiers two points ahead of the second place republic of ireland together garside will play their next competitive tie on march twenty sixth in armenia however on wednesday they had to get past at the cost form a side belgium in a friendly in but on it came as is to no loses which of our poor reports. 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 veronese hosting this game is all part of
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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 co-author with all tickets having sold out weeks ago while there is a hotel room preparing for a lot of money and playing this match may go in 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 buildings hadn'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 hadn't slipped. into the tree in the morning so everything was as 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 kaka to full advantage of a bad mistake by ego i can theory if the score is first goal for his country and stunned the home fans. russia are enjoying plenty of possession but they were
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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 brawn years and was making his first appearance of a national team in free and a half years stung the palms of chilled francoise gear bulging with content to play on the counter-attack and they could have doubled their lead two minutes before half time break but was unable to find bailey who was totally armont measure continue to enjoy the lions share of possession of a second half and created a number of opportunities to wastefulness in front of goal was becoming a big problem for the home side but on some different. and his visitors were double the lead him president carter managed to hold of the challenge of debates and speak to us in pubs illegally before firing pass for help as i can think of but never issue a mountain to climb but substitute alexander block out of could have half the deficit
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but he blasted over wastefully as belgium would ease to it to know when. i doubt if they were any positives in our game 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 the city in the premier league who will listen something is a 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. indeed it's always nice if you can win against a former coach and. be back to the side of a disappointing end of the year for russia who finished two thousand and ten with the defeats however the experiment to play in the run is was one of the few plus points as the crowd provide a dick advocaat side with fantastic support fry the game which
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a bump off we don't see there on your show. meanwhile is also a much anticipated match in current towell lionel messi scored deep into injury time as argentina beat brazil one million doha time their first win six attempts against the five time world champions both sides were playing under the manager's and brazil coach when i was as we called thirteen year old one holding you for his first cap in seventeen months and be a similar thing about the former speaker starting from fourth tracy minutes is back from the saved by now the start the crossbar and the rest of the half to finish and to end the action on to the record with a rocket of a shot from messi that dips. to the outside of the post which clearly entertained the watching. psoriatics ferguson is indeed sudan. brazil rather it's name are was brought down on the edge of the penalty area by staging the american drive with the shot. but the dying seconds of
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a quieter second half the reigning fee for world player of the year was not to be denied it struck his first goal of five matches against back to pass myself if you see televised see the twenty three year old form for the goalkeeper victor squeeze a shot for eighteen yards to win it is a joke at least aside. so with the international week a friendly is now over the english premier league regimes this weekend with seven matches taking place on saturday the first game of the day see second place also host seventh place talk live in the north london doll they've been battling in the sixty third boston take on leaders chelsea who surprisingly lost three know him to sunderland last weekend but who face second bottom wolves well informed bolton who have the best welcome newcastle last united the only thing left unbeaten in the league struggling night this weekend west brom has a million dollars at stake and liverpool lost captain steven gerrard to hamstring injury in england's two one defeat to france at wembley on wednesday to meet some west ham. i mean wallace already amongst united manager sir alex ferguson was on
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hand to witness argentina's victory in doha and the journalists there took the opportunity to find out his opinions about why he believes he has to be the most important man in united five i can say always be control. the minute a feeble friends got control of the dressing room to take you seriously consider this while there is an effect in the team. as affecting results is affecting the atmosphere in the dressing room is a case that a player has to go there's no question. good to se asian to compromise yourself in that so usually a strength is going to be. obvious to everyone because i was had issues in some ways over the years and offered to make decisions about that i don't normally say because it is the right way. now russia's women's volleyball team have ended the season on the highest possible note by winning the world championships in japan and
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some of the players already making plans for the future the cool of or also one of the previous world championships has changed a club and is now targeting europe's top competition and gold the london olympics. i'd like to win the champions league this season that's why i left to die and join to denominate go to be able to win things like that i also want to win the national championships and of course i dream of bringing their lympics. moving over to the ice and in the kontinental hockey league struggling war have given their campaign a boost by beating second bottom videos by a single goal so gay plotnikov still be only goal of the game that's a power play played way through the second period your home side has one nil victory and in the other game of the day western conference leaders knew which they did imo soft rock bottom left leg another because that's a way for goals to to. finally to martial arts and there was a serious way in the head of the battle of champions tournament that will take place on friday here in the russian capital it will be the fifth time this event
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has been held in moscow and it's unique as it features fighters from different martial arts fighting each other and all in one ring fans will be able to see techniques as varied as thai boxing karate kick boxing and cafeteria plus many others the main event of the evening will be to title bats for the world crowd in kickboxing. and the competitors hope the spectators will enjoy such a variety of martial arts all but one tournament. the business in the world would i really like the idea of mixing different more sure it's in one marine i get an opportunity to preach the best opponents from various styles and it's really great i have just recovered from an injury and i'm fully fit to be form against my main rival in boxing we are all square after two bouts and to morrow sure it will be one of the most impressive points of the night. and that's all the support for this bill isn't by thin air.
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hungry for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers. in india hotties available in the move go hard enough to join the hotel rooms the isle of violence the gateway hoto the grand imperial truly the top western coast coromandel you can a less hotel close leisure hotel seductive to go and talk highest brotherson the colonel was hoto as used to retreat.
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