best news. chasing adrenaline arcade explain living knew the latest in science and technology from around the rush limbaugh of the future coverage. you were are to recover now the focus is on the world's emerging superpower as a pledge their commitment to a new global economy and call on the nato led coalition to play by the rules in libya president dmitri medvedev says the u.n. has some explaining to do about how its resolutions on libya and ivory coast are being played out. the u.s. is accused of manipulating a regime change in the arab world through cyber warfare all under the guise of

democratic revolution setting up an army of online accounts including for western intervention in libya maybe just one of the tricks up the sleeves of the cia. the parents of russian children with a rare genetic illness pleaded for government help which they say is being denied because of the cost two hundred and fifty children with hunter syndrome here in russia less than half are receiving life saving jobs. now america's two thousand and twelve elections may be a year away it may already look set to be dominated by one issue of how to reduce the country's huge deficit or public and politicians favor spending cuts for social programs while president obama is backing tax hikes on the wealthy professor joseph stiglitz a nobel prize winning economist told us here at r.t. that the divide between the rich and the pole in the us needs to be rapidly addressed that discussion is coming your way.

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 the point i raised was that the increase in the concentration of the income in wealth in the united states has been enormous . would happen in the last couple of decades is almost a quarter of all the income goes to the upper one percent. around forty percent but now you measure it in the wealth goes to the upper one percent of 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 is ossified the data. show that meanwhile we see protests taking to the capitals of states like wisconsin so it's 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 if everybody were getting better off you could say well some are doing a little bit better than the others but actually most americans are worse off than they were a decade ago. and that is it even includes the sense of insecurity the loss of jobs all it insecurity but health rights that most people in europe take for granted and

the united states people who think lose their jobs can lose all the access to health care one of things that i raised in my article was that the political not only the political consequences but the economic consequences that there are many things that any society has to do together. you have to. education investments in technology. infrastructure roads. that means you know 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 if 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 their 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 n.p.r. structure education or science and that we're think quite the opposite so if 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 it's a day in those standardized scores that rate education all over the world united

states is really not doing very well so who through blame here is the politicians asleep at the wheel or out of touch with reality or the greater flaws in the system exposed i mean there are some really for deep flaws in america's political system. our campaign contributions supreme court said that corporations are people i mean it philosophically i find that difficult but they said 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 were for them but not for the rest of the country and what i argued 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 other countries where they divide has grown and. it's meant that their economies have function and the societies have not functioned speaking of 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 i 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 it's an anachronism that a single currency would play the pivotal role death a dollar has played. but i would argue and i've argued my book making globalization work is that the dollar reserve currency system contributes to any quality. 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 global economy because if countries are setting aside. literally hundreds of billions of dollars you might save the cautionary savings. that's money not spent

so you're saying essentially it hurts everybody to have a u.s. dollar is the reserve currency that's right and what we describe what i've described in the un commission that i chaired the commission on reforming the global financial monetary system. explains how we can create a global reserve currency and it's really interesting to be here at bretton woods talking about that because keynes argue for this seventy five years ago. in the aftermath of the of the great depression he understood. the links between. you case problem u.k. being the reserve currency down and if we're going to have global economic stability we needed to move off of the. single currency country being the reserve currency. britain which failed from his perspective in this

respect and didn't the u.s. say hey 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 the same meeting were 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 un commission came out in support china's supported it france's support of russia supported it so there is a wide understanding not unanimous but a wide understanding of the importance of this idea and i think if the economy global economy remains weak and it 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 do 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 you can go anywhere in the world it wants where's it going not where we need it here in the united states it's going where it's not beat it in 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 the united states our system of getting money. in two small medium sized enterprises it's call ups and the federal reserve has not fixed it you know they may contribute to creation a crisis they didn'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 the center. space is the backbone of our national security there is no substitute and there is no alternative to military come inspect. the bombs on target time ballmer. that's one of them that's willing. to deliver through a space ship. to better. the company for.

the film or book our. plan. and we must. be. several hundred billion dollars of investment in the peaceful uses of body space. and this incredible investment from the united states and from the european union and canada other countries like 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 ever encounter space. hero of the soviet union one of the best known persons in the whole world. all his thoughts were focused on flight. could he ever think that his life's work would cost him his life. what happened in those few seconds. and what secrets these sealed barrels still hold. keurig are any. cool. in some pieces but he's available in. europe grand hotel emeralds. full as

a club supposed to so-called photo elliptic gold. ski cringe in the ski kunitz s.a.'s royal can fin scheme twenty two political cups come on. now so. the headlines here one odds he the world's emerging superpower pledge their commitment to a new global economy i'm calling the coalition to play by the rules in libya president says the u.n. has some explaining to do about how its resolutions on libya and ivory coast being implemented. the u.s. is accused of manipulating a regime. we aren't world through the cyber war for one of the guardians of democratic revolution setting up an online account for western intervention in libya may be just one of the trips to the cia. and the parents of the russian

children with a rare genetic illness plead for government help and which they say is being denied because of the cost of the two hundred and fifty children with syndrome here in russia less than half are receiving life saving drugs right now top of the sports with a touch. thank you rory welcome to. you live from moscow all the top stories this hour champions league semifinal. and real madrid joining. us in the last stage. of your finals spartak moscow will be hoping for a miracle all to go win five one. and also the new

russian hockey they decided late. go for in series against. so the semifinal lineup in the champions league is now complete shockey and real madrid adding second wins to their solid fast like performances on wednesday night. shocked into last week beating the holders five two in milan and they were a class of office holders while they too want the school why not surely justifying the. film announce former elementary scoring one and setting off another in yet another stunning performance for the german side standing between sheltie at the champions league final place now on manchester united. 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. matches there might also be a chance for us going to the finals. but you're going to. learn to congratulate

show that from reaching the semifinals of them is the first time in their history and this is obviously a great someone's moment my congratulations. and there really is a special player who we also want to go through and if the sort of. a fascinating clash meanwhile of waits on the other side of the story all madrid setting up a semifinal ballot with main rivals boss alone off a single spurs five nail on the aggregates ronaldo hitting the only goal of the second leg five minutes after the break so dream debut run on the confidence comes to announce but it's the upcoming all spanish encounter that has. the match marking the first time the signs were made this month alone and just because it's a case of taking each game as a separate entity and not in the opinion of whatever happens in the first game could maybe influence what happens in the second. jury evenly balanced game first rate was going to cost us badly you know. obviously. you know i'm use and they're

strong they're strong soiled and over over the two legs is a regional jet of b.s. we live in maine in madrid quite comfortably who knows but certainly i mean you know going down to maine away from home made it impossible for us and action on the continent continues tonight with spartak moscow badly need of inspiration they've got to have any chance of making beer or colleague last for but only carbons man host ports off of being thrashed five bombing the opening match of the more such the recording i think that it is wrong to think about winning five nil we have to go to the beach and show that will happen in pool two apart from ten to twenty from minutes in the first half it wasn't a level that should be the best uncensored i don't think there's a need to be looking for some special bottle solution that you can scratch. and here is the rest of the second leg to use to take place later as the veil the arreola joint favorites with sports for the title and they'll be confident of

leaving the netherlands with a sizeable aggregate win against f.c. twente and having already beaten them five one and anything else than a three male victories will feel see will see benfica st me into the semi's as well while the only quarterfinal that doesn't know crept up already is they've brought up a personal mckeever match up which is kind of his boys that. snuck out to the storm in expecting and nailbiter in this one. very well as the noise to the first round was very hard thursday. over an english football carlos status won't be able to help the city against troubles united in the f.a. cup semifinal on sansa day the argentine suffered a hamstring injury in monday's game with liverpool at anfield them go be sidelined up to four weeks manager roberto mancini's hoping for success however. as

a platform much as a city to windsurfing and also because i think that we will improve the lot in the last year is my opinion. forty percent they would be. rich and gave a curiously reply if you. were going to try to be there for four hours change every three. and there's a power struggle it's not a premier league side also meanwhile the guinness new majority shareholder american stan kroenke is stalled in his bid to become the globe so no no thanks to his share of small enough. to load five sports teams in the u.s. and recent being praised. the sixty three percent back born russian monitor is now the last major shareholder of the club and sounds you will not slug all of his twenty seven percent because he is a huge fan of the t.v. the bill and there was denied the chance to increase his ownership in the past and had to watch as those same chairs were sold to cranky who himself needs to control

seventy five percent of the club to make major changes in the way does run. on to the ice now where one more big performance from celebrity live in a few hours' time will see them become the new russian hockey champions victory over an hour long meeting with her good guy and copies in the bag for vicious law breakers charges because he's also head coach of the russian national team and he's used that managerial experience to help some of our edge of longing for east side tonight's visitors not winning by more than two goals throughout the finals whatever happens in the best of seven series there will be a new name on the trophy without bars having won the title in the previous two years. man's world number one rafael nadal has made another victorious returns and more into kahlo and six time defining champion breezing through the second round against. the first major event of the call a season adult taking little time to improve to

a stunning thirty five to one loss record in this event been even in with noel support the spaniards trademark power as with ultimate. next for off ice breaker. rashard us care who is gaining momentum until. this. he had his problem as a go. or does apply for all that specially for him i was very sad for him so i had to see him back on the clear weather because his level was a very. very difficult one for me elsewhere and back into the wind bracket tough to see no products to panic in straight sets six one six four big. thing as runner up told me to cut it open back in january he'll sit on is one of the three remaining french minutes and he's next in line for the full stop and. now we've had a paul playing ice hockey before but golf nine holes and two flags on the green

providing for a short of format they bring risk taking by going for the harder flag that's the new concept while the seven paul casey house combat when you go shot or two twenty twenty cricket. different. twenty twenty twenty twenty that goes into goals and this is the best starting says. it was me so you were talking just a very good start i don't want this just to be a donation and then walk away. as long as you recognize it's not that it's. my involvement with the sheet i want to go a little further and i think it's just the start if we do meanwhile tiger woods wrapped up his asian minutes earlier today paying a visit to south korea upon a well balanced whose reputation has been marred reason they are still one of the most beloved sports figures on young athletes some of whom had a chance to take part in a skills clinic held by the fourteen time major. urban assume before this the first

time since for me this is very exciting. to be up here it's amazing. you can watch some of those stories in our you tube channel which is r t sport news that's the latest of this hour come up shortly the wild weather while they're already will bring you the news headlines up to that. view. space is the backbone of our national security there is no substitute and there is

no alternative to military come and stay. on target time bad luck the full of them us will. deliver through space ship. better. company. to build her book our current. plan. and we must. be. several hundred. years of investment in the piece to some other space. this incredible investment from the united states and from the european union to canada other countries like this this stuff is completely in jeopardy if we start putting weapons in outer space.

download the official placation show i phone i pod touch from the i choose apps to . life on the go. video on demand copies mindful of costs and r.s.s. feeds now in the palm of your. question on the calm.

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