there's a secular theme in russia of the tax reform which seems to be finding support even in this difficult environment. of the market sell off and we think that. all names that are exposed to the crude exports such as you have to. be out performers in the market towards the end of the week that's all we have for you this hour but you can always find last stories just log on to our web site. business and find more stories.

you know come. on. the be. the big. wealthy british style it's time to retire the money. markets why not. find out what's really happening to the global

economy is causing reports on our. with our to live from moscow where it's not our. headlines. and overcrowding running wild in italy the government braces itself for an influx of the. immigrants from arab countries in. fear of hundreds of thousands could flee libya the ongoing revolt. renewed clashes are wrong after those thousands rally against austerity measures and this comes amid fears of billions of dollars of aid going to the middle east at the expense of the e.u. many european countries are concerned about promoting democracy abroad but on neglecting their own citizens the process. on ukraine said with accusations of corruption and mismanagement be positive patients blame the health ministry for

delays in the supply of lifesaving drugs many attorneys alternative medications putting their health in danger. right now let's get some more insight into the continuing unrest across the arab world and his recent article published in the wall street journal edward it looked like the u.s. military strategy or said that the removal of egypt's hosni mubarak would lead to either on a key. and extremists coming to power. or to him to get more insight in that interview is next. edward luttwak thank you very much for being with us today who do you think pulled the rug from under mubarak and pulling the strings right now well spoiling the

strings nobody's pulling in the strings because this is a crowd action crowd this is the popular insurrection it's not a revolution it's not a coup it's not some clever colonel who takes three tanks and takes two powers this is a real popular insurrection which is people are living under a government for one year and ten and twenty and thirty years and one day they all get out because of an incident something happened in this case of as you know it didn't happen in egypt it happened in tunisia one person was pushed around burning can solve there was a crowd and they overthrew tunisia so this is the true popular uprising quite a special event there was some very interesting to observe how the united states turned their back on mubarak quite sure quite quickly because they were allied for thirty years yes i know but the american government is always in

a state of embarrassment when its friends are not democratic so the united states. has always to manage a contradiction on the one hand we are normal american people we'd like friends and we don't like any on the other we want democracy we talk to michael see so when you become a friend in the states you're not the market you're you know difficult to cross because the americans are always talking about. so it's always been about the americans because on the one hand barack is a friend on the other. so once the people go around the rule is this if you open. their words so long as you don't shoot the americans can be heard from once you tell the police to shoot the radiance shoot the crowd the syrians shoot the crowd

but if america is your patron you can watch well only this month in wall street journal if mubarak leaves now the result is likely to be in an article or islamist egypt or some of both until another dictatorship emerges is still second to that yes actually yes i do i do and the reason is that democracy is not something you come by in a show it takes centuries of development to go to democracy for example united states to. remove saddam hussein. and what happened is not that the iraqis became so sweet they remain true they are so therefore it took a moment of difficulty to form a. religious but. a democracy. for working. you cannot create you cannot jump ahead i believe the.

conditions don't allow democracy. on the other hand the united states cannot supply. weapons to a dictator who shoots his people you cannot do it politically it's not possible that the. us president you cannot do congress with the money also if you look at what's going on right now starting from tunis it's a chain reaction of like you said popular popular uprising and they do not dictate or ship. not want to know what they want to know yet they don't know have a leader who to follow no you don't mean the leader to have a democracy what you do need is to have respect for political rights could there be islamization instead of democratization is quite possible islamization i mean if i look at these numbers ation is retreating in iraq because they have islamic government if you got to today have to people in toronto drinking whiskey not

because they like the city just to give it to the gov so islam is ration is increasing in egypt when this preacher this fanatic. went to cairo one million people can do this because at this stage of the. religion is much more meaningful democracy and to have democracy have to have real respect for human rights and personal individual but let me tell you the middle east lost its appeal already with the world and it's even less importantly it generates a lot of headlines but the real politics now is in the pacific and it is china and china that's where world politics is it's not the middle east is just pictures television pictures of people shouting what is this what's going on there there's

nothing going on. this is you're talking about countries that don't really produce and they don't eventually they don't develop. them like you and some of them have that's. the center of world politics is completely different to that do i understand correctly that you believe europe is most likely to suffer the most out of this wave of unrest tourists europe europe is yet like of course i already know already started last week my prediction in the wall street. they paid the price if you read the article first boats arriving from tunisia people just one. day the boats you know arrive in these islands they have to do that. first in the article to be refugees because we have disorder. tourism industry gadd so right away people have no money so they made the

immigration and this is a big problem for you the illegal immigration coming in and of course from a business point of view egypt did much more business with europe the united states united states was providing strategic support not only. about the business the europeans go on holiday shoppers and you know if there is an islamist government in egypt you can forget about going to the beach in europe is much more close to tunisia in egypt that certain you're quite hawkish on iran. you believe iran wants a bomb now i don't care if they want to bomb or not it's not important first of all iran is not exactly a great center of technology i'm not worried because of that they make wonderful donkey samples but as for the rockets they're not. the nuclear program has

been going on for years. now the problem with iran is a different it is the fact that the iranian regime is a constant state of instability there always has to be and they resolve the problem right through the. day or every day. criticizing. one or two they're praying every day. sending rockets to have. the rockets on the heads of my jewish relatives in that you know i don't like that they are funding thirteen million dollars. every week in lebanon or maybe they say maybe fifty i don't know so hizbullah is a in effect. terrorist kind of organization as well as a political organization. and they're actively doing terrorism there are

states supporting terrorism therefore they are disturbing element in the middle east and therefore i believe that even if their government was popular they would be our enemies. as it happens the government is unpopular but iran is still a sore point what do you suggest could be done because sanctions could hire people of the government the sanctions are symbolic measure i. there are some few things that could be done will be useful for example. there are measures the europeans could very cheaply measures that would really create a problem for iran for every day iran air is flying to italy to frankfurt to rome and with these flights they are bringing some tourists from but usually government. who are doing government. closing those routes would put the

real person. and make it clear so there will be leadership sanction. like for example we will not give a visa to anybody that is a government official that. you work for the government you have been there so this will be cheap easy measures but i don't believe that it really works what will work in time. because they are creating the post is rather society in iran is the only muslim. which is becoming less muslim every day every day there's another irregular who says i'm finished with the only thing that bothers me is frightening will be too strong the word is that we have a serious financial. strategically this is not a threat. we don't listen not

a cold war so this is the time for the guys face to focus on domestic financial public finance problem not the economy because to me has to solve itself but public finance at this moment forty three cents. of every dollar spent by the us government has borrowed half of it from abroad from germany japan and china so that's not very sustainable syquest there's a that's big stuff not iraq and or this middle east noise stuff that all that comes out of the middle east is noise. nothing important all right thank you very much for the thank you. liz liz.

just. to keep you in. the future. wealthy british. marget. find out what's really happening to the global economy is a report on. the

headlines. and fears of violent overcrowding run wild in the government bracing itself for an influx of immigrants from arab countries in turmoil it's feared hundreds of thousands could flee libya the ongoing civil. renewed clashes are rocking athens thousands rally against austerity measures this comes amid fears of billions of dollars of aid going to the middle east at the expense of the e.u. many european countries are concerned about promoting democracy of rule would button on the collecting of their own citizens in the process. of accusations of corruption and mismanagement. of the nation's health ministry in the supply of lifesaving drugs many of turning to alternative medication putting their

health into. will have more on their story but for now it's roman at the helm now with the latest from the playoffs high again. so any favorites at this stage. it's all right now but judging from the opening games things are exactly where they should be favorites and most of the underdogs are well there are more and that's just it's a rather. welcome to the sport an artsy comment to you live from moscow with me rome on cost for details are moments away but first the headlines. the chase is on take a child playoffs are underway with the opening games of the western called french quarter finals being played right now in the third period. playing the blues

chelsea make a successful start into the champions league knockout stage by beating copenhagen away in their first leg. says most gold fruits of the last sixteen of the your role play league following a c. one aggregate win over a fall. and would start with ice hockey and they can help playoffs where a local might see trying to overcome early hurdles in their garden cup campaign the men from the push to the limit by then elements in the opening game of the western conference quarterfinals the first time play off the distance overmatched at first as the conference champions rallied to apply one lead by the second period the belorussians never quit and went into the third period just one goal down elsewhere west runners up to now moscow bachelor namesakes from a real guy in the russian capital the star studded scots st petersburg gaining the upper hand on sports talk in their battle up north fourth and fifth place to ottawa and severstal involved in a close game as expected. let's continue with football where there's another big

night in europe where two champions league games take center stage on wednesday including holders in certain melanne taken on by a munich in a repeat of last season's final and they sat inside or missing the things of that success striker do you have the military and coach marino melissa scored both goals in their famous still win of the baron a battle in the last years decider but now they are in is sidelined with a hamstring injury and enter. have also changed twice since that finale of the need has stepped into the steps in to fill the void left by maureen years departure to madrid but he was later replaced with current boss leonardo who insists its size mindset is right for the upcoming game. i mean i know something for sure this school is still you can only we are the champions now we have to tell it to in our minds we want to win and we're able to compete with anyone i know that we feel that . elsewhere manchester united have arrived in marsay head of their first leg of the

champions league last sixteen at the start velodrome marcell will be without. an injury and forwards crimi and brandow are also at the premier league league leaders united meanwhile will play without reaffirmed and ryan giggs chris smalling is set supporter pneumonia vedettes at the heart of the defense and majesty not as boss says this year's champion is the is anybody's game. well i don't need to. think the prayers of the because it doesn't concern should doesn't concern us a sin opportunity when you get to the stage and work in the. champions league this year is very open. i know there's a number of times you could win it. so one more quick look at some nice pictures versus wire music advice san siro and marcell hosting matches are united at this

dog bella draw. stay with european football where says scott moscow became the first russian team to reach the last sixteen of the europa league and she's the night snatching a late one draw with box along right here in the russian capital skullbone the first leg one nil last week but found themselves out in the six to seven minute actors lots and was levelled matters over old love missed a penalty in the eightieth minute but sergei going to shave it was there to smash the ball home after a rebound so one wanted finished on the night meetings to get through to one on aggregate meanwhile chelsea have made a winning start in champions league last sixteen as they beat at sea copenhagen sunil. double sealed their win for the blues elsewhere on tuesday night real madrid missed their chance to win in france as they were held to a one one draw at the beyond but despite the result josie mo radio is optimistic for the outcome of the return leg everything is open. as it would seem.

it would have experience. so the second match would be as no one but. when one away at home we play at home the same way. to support them look real madrid. and of course for the second over in the english premier league second place arsenal are gearing up to hold stoke the gunners somewhat shortened firepower robin van persie is out with a hamstring injury while he is suspended adding more pressure on the gunners is their schedule with wednesday's game their first of five within just a fortnight. we were neighbors were involved in for competition to restage of the she didn't so much use credit to misquote you know creditors are absolutely fantastic and very deserved to be rewarded the n.b.a.'s most talked

about trade finally won through as carmelo anthony completed his move from denver to new york after months of speculation the mega deal involved it sells all of the nine players with the russian rickets the most famous golf among those moving to colorado maurice that meyer particular thrilled longtime friend and fellow all-star anthony is finally aboard the ship in new york. the great. news is to news start with center for concern because you know i know from all the stars that i think new york is not going to go over to stardom stage defending champions los angeles are meanwhile making do with their battle tested lineup the lakers putting a three game losing streak behind them after a twenty four point route of the visiting hawks kobe bryant scored twenty points and got plenty of help from his supporting cast all gus all setting up a teammate shannon brown for a big dog and a twenty six twelve early lead. in the crowd with the game out of reach. from steve blake one of the many lakers highlights as the chance prevailed for eighty.

finally with three years left before the sochi olympics the first test event was held at the largest of the twenty fourteen games. was there for us. just fifty kilometers from the russian black sea city of sochi and you find yourself among the stunning beauty of the cookies a smile intense however they're not just there to be admired the alpine ski resort to fraud is situated on the northern slope of the eagle reach the plan is to create a unique here around when you can bring the possibilities for alpine skiing and seaside relics ation i have to say that i'm really impressed by the raising the quality of snow we can find in. the result before. this is. see spatial snow.

many many wishing the book does well i was just. very demanding as a base to work around the result rosa who has seen a massive overhaul and will become the largest venue for the forthcoming winter olympics in twenty fourteen there are currently four ski leafs well in three years' time. will be eighteen and old at peace between a thousand and two thousand meters above sea level and host the international ski federation advance which could be extended by eight hundred thousand spectators and there is even more to come as a snowboard park and freestyle center are being built on the east of the rose a plateau since the thousand seven one special was awarded the winter olympics one of the biggest construction project history got underway though i just bet that with future games was finally put to the test as the first major sports event their european cup took to here. and it feels like their lympics have already started for

the rosa khutor resort and the venue cleaned its first piece of global attention as russian president dmitry medvedev and prime minister vladimir putin visited the slopes to see for themselves only organizers efforts the european cup was the first test advantage among seventy that will take place in sochi over the next three years. and the inaugural alpine ski rant across the whole of russia received its first serious examination and was an obvious success all the systems what tested to ensure they met their proper weight snow covering safety requirements and logistics and everyone seemed to be satisfied with the slopes and with the organisation of the tournament. they held over there. and really can. hear it in full mountains and the organizing committee they did a great. get this globe ready piece a very good and difficult and very challenging and writing these tapes is very

interesting it can be compared with the best venues in europe and it's absolutely the best site in russia adverse weather conditions did change the plans of the organizers but they have always had a plan b. and there is nothing to worry about even if there is no snow so it was a real. it's true sure i'm quite satisfied to lose a super job before solitude of course you have to put in some ballz but there was a very new result. so i can feed on such and such as food makes your shoulder all good and of course washington forgets the slopes are unique and suitable for skiers of any level but it also means the city can hold out fine ski events into an olympic disciplines in just one area it's not only set to become the best russian ski resort but will be able to compete with other european venues for world class advance. artsy such. i'll be back with another update in just under two

hours meanwhile you can always get involved by commenting and voting on some of the stories you've seen here on our you tube channel just head for artsy sport news thank you very much. brighter if you move from steve. santagati dot com. shoes that so much there's a huge musician on the market days of rage revolution in the arab middle east is the era of dictators coming to.