what you have the noise which a person of which i don't believe it's an intercontinental one only westlake hutto shirt and family who turned hilton for the oprah summer said grenfell morning sedona sweeter knowing. full well so i don't kowtow to kerrville hutto shirts and so i go mitchell into still photos so i go in the movie she's available in the lot and the result is a. book about her with her t. here's a look at the top stories the world's fastest growing economies called for a peaceful solution to the league in crisis or dialogue and reform of the international monetary system the so-called brics group come together in a bid to have their say on global affairs. the latest technological advances are being used to spread democracy in the arab world and to govern activists are being

trained in the hope of triggering a ripple effect some say the intentions may not be secure. and relations between the u.s. and pakistan hit their lowest level since nine eleven ban demands washington cut cia operations in the country as drone attacks continue to cause casualties among civilians. and maybe most of it may be almost a year but america's twenty twelve elections looks set to be dominated by who should pay for the country's ballooning deficit conservative politicians favor spending cuts for basic services while president obama proposes tax hike for the wealthy professor joseph stiglitz nobel prize winning economist told r.t. the divide between the rich and the poor in the us is already enormous and needs to be rapidly addressed. joseph stiglitz is a nobel prize winning economist in columbia university professor and he's pushing

for a rethinking of the global economic framework in the wake of a financial crisis i want to thank you so much for joining us professor now you've written recently about the increasing disparity between rich and poor in the united states and you've even compared these conditions to what led to the other us we've seen in the middle east so what do you think are the factors that led to this and what do you think the consequences will be to the point i raised was that the increase in the concentration of income and wealth in the united states has been enormous. what's happened in the last couple decades is almost a quarter of older income goes to the upper one percent. around forty percent and i you measure it by the wealth goes to one percent americans used to think of themselves as a land of opportunity that everybody else thinks of themselves as a land of opportunity and they think of old europe as ossified which the

data. show that meanwhile we see protests taking to the capitals of states like wisconsin so is this reaching a tipping point i think they're beginning to realize that most americans are worse off than they were say a decade ago. so it's not just that all this wealth is going to the top everybody we're getting better off you can say well some are doing a little bit better than the others but actually moved americans are worse off than they were a decade ago. and that is if you include the sense of insecurity the loss of jobs that will it insecurity but health rights that most people in europe take for granted and united states people if they lose their job can lose all the access to health care and one of things that i raised in my article was that the put not only

the political consequences but the economic consequences that there are many things that any society has to do together. you have to. put education investments in technology. infrastructure roads. that means there has to be certain degree of consensus for a society to function even economically these are things the government has to do but if you have a very split society there are going to be very different views about what's important if the rich can buy their own parks they don't need to have public parks and the rich can buy their own education we don't have to have public education if the rich can buy their own health care we don't have to have good health care for most americans and that's where we're winding up today so the people at the top that one percent. are using that political power to try to preserve their wealth

and meanwhile making sure that the government doesn't do what is necessary for the prosperity the functioning of our entire society we're not seeing an increase in funding for infrastructure or education or science and said we're think quite the opposite said you think this country is headed in the wrong direction that's right and that was what was brought home so forcefully by the what was going to happen in wisconsin and here you have people saying over the country we need to improve education. but what are they doing cutting teacher salaries now you're not going to attract the best people into education if you don't pay them in that simple economics and it's not a surprise in the context that today in those standardized scores the rate education all over the world united states is really not doing very well so the grain here is that politicians asleep at the wheel are out of touch with reality or

their greater flaws in a system it's both i mean there are some really full deep flaws in america's political system. our campaign contributions supreme court said that corporations are people i meet it philosophically i find that difficult but they say because we can't restrain the rights of free speech corporations have unlimited ability to contribute and that means they can use their money to get laws that allow them to escape taxation and to shape a political process that really we work for them but not for the rest of the country and what i argue in my paper in my article was this was shortsighted if you don't make these investments we're going to wind up in a divided society and an unproductive economy and even that one percent. will suffer and that is the link between what happened in tunisia and mexico.

and in egypt and in other countries where they divide has grown and. it's meant that their economies have function and the societies have not function speaking or not functioning well what about the u.s. dollar because you're someone who is calling for a new global reserve currency but why because some say what's the alternative really would have argued for is a creation of a global reserve currency. reserve currencies are you might think of a store of value. and the dollar has been very unstable. understandable given the difficulties you might say of american economy you know our performance was not a stellar. but the fact that in a modern globalized economy twenty first century exit in nappanee isn't that

a single currency. would play the pivotal role that the dollar has played what i argue and argue my prepaid globalization work is that the dollar reserve currency system contributes to inequality. that poor countries are lending to the united states or close to zero interest rate and then borrowing back in much higher interest rates an equitable increase it contributes to instability. and it actually contributes to a weakening of global aggregate demand a weak lobel economy because if countries are setting aside. literally hundreds of billions of dollars to make a cautionary savings. that's money not spent so you're saying essentially it hurts everybody to have the u.s. dollar is that our currency that's right and what we describe what i've described in the u.n. commission that i share your commission on reforming the global financial monetary

system. explains how we can create a global reserve currency as really interesting to be here at bretton woods talking about that because keynes argued for this seventy five years ago. in the aftermath of the great depression here under stood. the links between. you case problem the u.k. being the reserve currency down and if we're going to have global economic stability we need to move off. of the. single currency country being the reserve currency. bretton woods failed from his perspective in this respect and didn't do us a we disagree we want to be the main reserve currency and got their way so with the us still have that same power if world leaders got together again today for another bretton woods conference i think that same meeting were healthier in bretton woods

the world is markedly different china has close to three trillion dollars of reserves about a third of the global reserves about nine trillion dollars you're holding three trillion dollars you have some voice in what kind of reserve currency system you want to have and china has been very clear that it worries about the current dollar based reserve system right after our un commission came out in support china's supported it france's support it russia supported it so there is a wide understanding now you know animists but a wider understanding of the importance of this idea and i think if the economy global economy remains weak i think will be more interest as one of the remedies to the current instability weakness in the global economy has also been critical of the united states for its policy of quantitative easing and if i've read their writings correctly you seem to be saying they have

a point so what is that money the point is the u.s. is creating liquidity us work very hard to open up global financial markets and one of the implications of that is when you create with quiddity if you go anywhere in the world it wants and where is it going not where we need it here in the united states it's going where it's not eight s. and china and brazil and other countries that don't want it so it's not only they don't need it they don't want it. we have to fix the banking system united states our system of getting money. into small medium sized enterprises is clocked in and the federal reserve has not fixed it you know they may contribute the creation of a crisis they don't understand the basic economics and that's one of the purposes the meeting here in bretton woods but because they didn't understand the problems that they were creating they didn't really understand how to fix it and yes they brought us back from the brink they saved the big banks but they have not really

gotten our economy going again i want to thank you so much for this interview. the. space above our national security there is no substitute and there is no alternative to military come inspect. bombs on target find bellman a. letter. to deliver through space ship. dead or. cut. down the film clips look out.

and we must. be. several hundred. other investment in the peaceful uses of outer space. this incredible investment from the united states and from the european union to canada other countries like this this is completely in jeopardy if we start putting weapons in outer space. chosen from among many. he was given a clear cut mission. a mission he successfully accomplished. became the first in her space. hero of the

soviet union one of the best known persons in the whole world. all his thoughts were focused on flight to could he ever think that his life's work would cost him his life. one happened in those few seconds. and what's good season sealed the barrel's still hold. your regard any. place on our team.

mornings today violence is once again fled zero for these are the images girls seeing from the streets of canada. child hope for a shelter rooted a. mum. the world's fastest growing economies call for a peaceful solution to the levy in crisis through dialogue and a reform of the international monetary system so-called brics groups have come together in a bid to have their say on global players. the latest technological advances are being used to spread democracy in the arab world and the government activists are being trained in the hope of triggering a ripple effect but some say the tensions may not be so pure. and relations between the u.s. and pakistan hit their lowest level since nine eleven islamabad demands washington

cut cia operations in the country as drone attacks continue to cause casualties among civilians. and sports news is that next ian's here with us in the studio cell a tough few weeks for isn't it seen pittsburgh just got worse. just a week ago remember marino that was the reese is in charge first and now this week they've just been hundred three mill off of their feet find out what for in a second changing clothes addict who will be a day to remember force all about you live oh yeah that's a healthier note because if when they will be kids shell champions the first time ever a big big deal and ice hockey and the rest of the sports coming your way right. good to have you with us bases sports today i mean you know neal on these are our

headlines at this hour. then there were four a shelf out on the real madrid complete the semifinal lineup in the champions league. breaking the rules a need to punish for a feeling to field a young a russian born here in their premier league team at siesta the weekend. hours away because that will help he could help it's three champions league for today went on beaten so about the game to make it a final sweep against underdogs tough luck. but we start with the semifinal lineup in the champions league it's now a complete shock on the real madrid complementing their first leg last eight wins with victories on wednesday shell shocked intra last week feeding the holders five two in milan they were a classic part of the home as well the two on scoreline not really justifying the germans dominance former real madrid man raul scoring and setting off another in a man of the match performance standing between them in

a champions league final place knock on chestnut. and both of the upcoming matches against manchester united it is about the same as it was against inter we certainly are outsiders but when everything works perfectly in these matches then there might also be the chance for us to make it into the finals. but you're going to compliment i would like to congratulate show for reaching the semifinals is the first time in their history and this is obviously great for the club so once more my congratulations also to grow really is a special player who we want to pay fascinating clash meanwhile awaits in the other side of the draw real madrid setting up a semi final part with the old. enemies barcelona after seeing off first five nil and aggregate renaldo hitting the only goal of the second leg five minutes after the break so davie run on the cards then comes to an end but it's the upcoming all stylish in culture that has martz watering the match marking the third time the

sides will meet this month a lot. of people it's a case of taking each game as a separate entity not of the opinion of whatever happens in the first game could maybe influence what happens in the second third or fourth. really balance game the first game that caused this badly you know. obviously. they're strong they're strong and over over the two lazy regions it'll be as we live in maine in madrid quite comfortably who knows but certainly having you know going down to ten men away from home maybe an impossible task for. action on the continent continues tonight with spartak moscow badly in need of inspiration if we are to have any chance of making the europa league last for hillary karpen man who support so after being thrust five one in the opening quarter final leg. problem with actually. i think that it is wrong to think about winning formula all five nil

we have to go to the beach and show that all happened in court to a point from ten to twenty minutes in the first half it was intolerable that should be the best incentive i don't think there's a need in looking for some special words. the only other quarter final game that doesn't look wrapped up already is the bracket kiev match up currently delicately poised that long gold piece fiore our joint favorites with porto for the title and we'll be confident of leaving the netherlands with a sizeable aggregate score against twenty having beaten them five one already while anything else than a three nil win for p.s.p. will see benfica seriously into the last world. the russian football union disciplinary commission has locked the technical three nil defeat on sunnites in petersburg following their premier league game with siesta at the weekend the much ended one one but is a need to monitor lettie group or if you regulations by refusing to start

a born player but is a russian citizen under twenty one years of age reading champions will also have to pay a fine of two hundred thousand rubles which is around seven thousand west i can read through those nose the executive committee to the russian food bill union included this issue in its regulations last year the main goal is that young players should play instead of sitting on the bench thus we develop our football and such rule stimulate clubs to involve youngsters and players watch a power struggle at the top meanwhile continues over the arsenal gunners american majority shareholder stan kroenke here has been stalled in his bid to become the club's owner. manof crankier owns a total of five sports teams in the us and recently increased his arsenal stake to sixty three percent back born right. it is not the last major shareholder club and

says he will not let go of this twenty seven percent simply because it's a huge fan of the team the billionaire was denied the chance to increase his ownership in the past to watch as some seem sure if we're sold a crown kid who himself needs to control seventy five percent of the london team to make meter changes in the way the club is run. changing tacks no where one more big performance from cell about to live in a few hours time and it's party time in five victory over atlanta meaning that cage fell title it's in the pike for pitches because charges but because he's also head coach of the russian national team and he's used every ounce of his considerable managerial nose to help solve the trump atlanta games tonight's visitors knocks winning by more than two goals throughout this series no whatever happens in the best the seven matching conjuror there will be a new name on the trophy with cars having won every crowd since the league's induction three seasons ago. let's talk tennis and men's world number one. on

another victorious return to monte carlo the six time defending champion breezing through the opening run against nieman in their first major event of the klia season the del taking little time to improve to a stunning thirty five one win loss record in the event even then simply no answer from the dolls power spawn you're taking at six. richard gas pay up next to. the murray is back into the wind bracket after seeing off about except nick in straight sets the six one six four victory marking the spots first win since finishing. which. in january you see morning is one of the three reigning french men in the tournament and is next in line for the world. but if it comes this finally we're not schools quest to become the martial arts couple of europe. received another post this week and like it is i'm beat us the latest big man kickboxer to hear us robert for daniel reports and.

back at the plight of greece in the heart of russia the russian capital welcoming minds and business fifteen thousand will keep books and chant down in one of the brightest caves and stars over the stone mountain at his native place another challenge at the are both bike club and downtown muster with a w five going through championship they'll stick with other words in the competition and russia's brightest hope in the working weight division but who has he got what you can from inside. the men known as but one was keen to watch on another key one legend albert grouse in the fight mustonen fellow mistress named after the fighting the dutchman but a unanimous decision has been claimed but he wanted some of it is next in his way to a one glory. but could they are but remembered the slam was aiming to write the script

and he could go here a young and ambitious fire from the brain was quick to shock the proud and nineteen year old biddies down in the first round of their simic one clash with classes class and new just starting to run out of fuel little by little while r. and mike bashing is supported by the muscovites of form and regain what he lost to take the belt to next round and she simply done it. on the russians turned out to be so hospitable i felt like i was fighting at home in greece i appreciate it greatly and i'm looking forward to taking polls and even more exciting battles. crimes and bigots had one more war to see off one way to the w. title both. previously had been the netherlands. the biggest any. russia now representing the united arab emirates scores to settle with in business

they first came face to face in two thousand and nine and it was the great one by a majority decision them a skill with his longer reach knew that he wasn't keeping his feet and knees busy. you better conscious in k one and business his first iron mike move to have the edge with jaguar seeking the news of. three runs in the next action it can be reno. the heart of the judges who turned out to be in then as the season and in no title this is glacial. emotional scarab slip entirely comes in because of the judges so. all the fighters at this tournament are very good and i have to give my all to beat my opponents that's what made this spectacular yours i always want my fights to get the fans excited. and he was and this is coming from russia.

we're going to start negotiating with my exam beat us about our fight right away my team wants to raise this fight in moscow within the five nights tournament and i'm sure mike won't have a problem you know i watched the balance between hassock open crouse and i didn't expect better to win his proves he's a very good fighter and i'm ready to take him along. r.t. my scale. big fights for moscow ahead and that is what we have to leave the sport on fortunately but where weather is coming our way and just a tick.