the good good sides of the modernization and present inventive has criticised the investment climate in russia do you see improvement. i see huge progress myself i've been working with russia for many years and i believe we are wrong when seeking to teach lessons to russia today russia is twenty two the progress to date has been huge and president they did invite him in britain have done huge work we see it the changes are profound to put it simply on our side we are not always very aware of that firstly if you need to be russia which is the home and secondly you need to go more often to russia we also need to open our minds there is still much to do however your leaders the president your prime minister say mr at the st petersburg forum. more than the investment climate is much better than today look at the business flow between the big french groups are present for example vinci quick who are doing the motorway link between moscow and st petersburg board today we are developing cooperation of power generation on the

side of the st petersburg summit that we signed with e.d.f. to equipment i would say to provide electricity to the city of thomasville any we build cars or a.t.'s for. siberia so there are multiple areas of cooperation the cooperation between france and russia and those works. but i still want to ask you if someone like you doesn't come to russia every fifteen days just the business community in general outside of russia do they still have the old stereotypes of russia. if you speak with the presidents of big french groups present in russia they are very happy to be here and they want to develop their business those who are not here yet often has a priore and we have i have to say in western europe not only in france will be a problem with our media who do not know russia well and russia should communicate more also there are old stereotypes of the progress and she's just not reflected in media. why why is media portrayed as very biased in the west russian

media. their image of russia is based on the past three fifteen or twenty years ago they do not come to russia often enough and doesn't communicate actually a little too well so what internal changes are taking place we have to deal with i david ideas in perception which are wrong this i believe is an important subject this is a blocking point to speak about. think about the new we're a small and medium sized company with russia france many are already cooperation we could do much more in this area. how will the french business that you bring to russia help diversify the economy. today you are in the middle of a modernization drive in russia in transport water or electricity distribution in aeronautics in health at the laboratories in high tech and by the way you have school which is a big success with many companies. and often but also american german and many

others are present so we can help on technology transfers in many areas. but also on this visit you will be calling to north caucasus to actually validate its potential investment in north caucasus. alpine tourism tourism expertize figure in your approach we. see yes but i believe that russia took a very good decision which is the want to try to stabilize and ensure better security in this area through economic development and both presidents. and presidents are closing down the size of the g eight joint declaration on c.c.s. with. russia chose parents as a main supplier not exclusive but may have to try to establish ski resorts and develop the area coast like with this is a huge project led by mr beloved president of north caucasus resorts. you visit with me and i believe that the best interest development have been the right to really give people hope and as well you increase security which also comes through

economic development we are going to take part in the. security this is the first time you will because the north caucasus. yes for me this will be my first time in the north caucasus and i am very excited to have the chance to discover which is wonderful i've seen photos the french team accompanying me already know that area is a wonderful place and i think you can develop a tourist up in the center of europe which will be very attractive to the whole world but how long do you think it actually could turn into tourism paradise because right now it's not the safest. to be or for two reasons to tourists to go i mean of course at expel your you know the french have experience we developed in croatia remember turkey at the very beginning when we were developing tourism in turkey the area was not safe. and the conviction of your government on your president to say that we are going to develop this area to create jobs for the young of course to ensure security the government provides

guarantees for all up to seventy percent of investment but still taking a chance to be sort of the right decision to develop this area so that is what needs to be done what i want to be investment are we talking about so. this is a huge project over many years more than fifteen billion dollars will be invested companies and others will have the opportunity to take part investors in the course the russian government invest a lot in infrastructure which our companies can complement but i'm thinking about paul mccarthy who built this and other french companies will be presidents are going to invest but it will also be necessary to attract capital from all over the world this is a very big project i want to talk a little bit about. what are the concerns for the here in france because it's so closely tied to spain and italy that are actually sliding now into the bailout territory. i believe but ever they say today the euro is not track with a view that it is facing difficulties with as we speak here about cooperation and

about a future economic zone with free movement of capital between russia and western europe that this will be a breathing space for the european union and for the euro an additional economic area and so a strengthening of the euro go home for you all you really think here a russian economic zone could save the euro we look. yes i believe that today europe which is a political economic entity these are much bigger economic space to be globally competitive and think about the fact that the american continent is brought together at the level that the asian countries are brought together at the ac own level. i do not have a big area on the european continent but however so many things link us in history in culture and today our economic complementarity is strong on one hand the raw materials a huge area on the other hand a trade capacity advances in some sectors but not all that you have here like technologies demand for more money we have a common interest and common interest to be defended in the world and i believe

that today this can only strengthen the eurozone notwithstanding the rise of china who for you is a great partner but also a great competitor in that concerning the mediterranean the instability is going to continue for some time the exception to democracy for these countries will be much longer than we want to admit that our partners across the atlantic are also competitors so the idea of expansion is both an opportunity and an obligation for russia and for western europe for our countries. to be talking about commonalities russia and france have always competed for defense and military contracts and now we're purchasing french helicopter carriers what do you think of it did you know this is a big first in st petersburg in the presence of president would be to resign for the miss throne this is the first time france undertook such a technology transfer and sold such important military equipment and in the same way by the way will be into the russian side so that you as prime minister vladimir putin came to orissa to meet we took delivery of test models of the better your two

hundred. planes which is now under trial in the west and we're looking at buying more so our cooperation in sensitive areas as an example shows that the political climate is healthy there are no more clouds today between france and russia the contacts between the two presidents are excellent because also with the prime minister i believe that we have to seize the opportunity presented by this political climate because it is very good and this is an opportunity to consolidate the gains we have made so quickly. you're someone who knows moscow very. well because you come here very often we like to think that moscow is like the new york of eastern europe to think moscow has can never have a status of international financial center well. i am convinced of moscow's financial hold on the question that we received midst of a little sheen who was responsible for the moscow financial helpline in paris he met french not the end of regulatory authorities all the c.p.s.

you're going to be sure it's going to be small feel to tell the example who doesn't want to be in line of global norms and standards our idea is not moscow that located halfway between hong kong and york that's a central role to play when we have european culture call materials moscow could be the global financial hopefully more material try tomorrow you are global leaders in oil and gas look at big groups like yourself but in the whole here i mean you're a global leaders in the energy sector has a role to play the i moreover for our financial hopes we can find synergies in the derivatives area and many think those who so we were convinced that the ruble will stay strong and moscow must be going to major international financial hold on was that you have a lot of things you have to do at the legal level legal security regulation which you are doing is an element and the only thing to do is to help you. need to sort of think you very much for this interview yes you have thank you.

wealthy british style. is no time to. go. to. market why not. find out what's really happening to the global economy with mike's cars or there are no. the global financial headlines tune in to cause a report on our. move.

to. him if. if. we. come up. to. see. if fs. if. he. forty two thousand americans die each year car accidents only a thousand. seven hundred thousand people. and thirty two thousand will kill themselves cancer in all its forms kills five hundred sixty thousand of us here part disease is even more devastating it kills over eight hundred seventy thousand

americans every year. the lead is a big who in brussels on how to fund continuing bailouts and the debt epidemic now previously in spain for the strings a year i want to its last legs. and international media mogul and top politicians come on the huge pomp and scrutiny raising doubts they'll be able to survive the fallout of the phone hacking scandal and restore public trust. the last remaining un indicted war crimes that brought out how to just the way to get its just paid off for being captured in serbia belgrade the move will bring the country close and see. iranian joins me now with his records in the schools and well some breathtaking us some

a school function that's right russian synchronized swimmers are still on the right hold in shanghai that's plus cliff diving world series and i call bike nationals for dessert all coming up. very warm welcome from the sports desk here in our common see a live from moscow i'm on costs for of and first sell the headlines. and then there were two paraguayan joining euro why in the finals of the cup on merit following a five three penalty shootout when albert venezuela. side saw on the line their eyes had been dotted and t's crossed for the w.b. a boxing clash between russia's unbeaten had to wait alexander ovechkin and response i got. viewed with their artsy profiles cliff diving and russia's

very old out of. those preparing for the next world series stage in it so they. will get to those stories in just a moment but we'll start in china where russia has not has to find yet more room in her hand luggage shots for claiming gold number three at the world aquatic championships the russian has been a force of nature in shanghai wrapping up her third synchronized swimming title on the wednesday in the free solo routine earlier in the week has secured a top spot in the solo technical and technical events at the oriental sports center this results as well as natives third world championship gold a record spain's andrei of and china soon when young taking the other spots. and mother medal for russia bronze this silence is seared gay boy shot golf in the tank kilometer open water swim speedos yan yes he's won gold for greece well it's almost learnt self germany won the silver medal. and football now

a paraguayan joined the euro why in the final of the call america following a five three penalty shootout win over venezuela the losing side came close to scoring goals shortly before the half time break. i handwrote one narrow saw his header come off the cross bar with the follow up by salomon was on saved by least of all are so nil nil the way it ended after nineteen minutes of normal time. then extra time solving as well a push ahead from the get go with jon karl malden out a shot in ninety fourth minute deflected off nickel and on to the post still minutes later but he hit the woodwork again this time from a free kick. and then paraguayan were a man down to the point in the first minute for santana got the second yellow but despite being a player off venezuela failed to find a winning goal in the match when it's a penalty at cal's a taker franking the center saw his shot as they say by the arm as for the

opponents the area of the old scored card was fifth in a row propelling the wife who's in the final with that winning a single game in normal playing time by now facing europe in the comparative final . the russian football premier league resumes this weekend after a month long break one postponed match will be held on thursday between leaders say sky and new boys volga the muscovites have a chance to increase their lead at the summits up to seven points from nearest rivals see needs as they travel through misty belgrade say sky efforts will be hampered by a depleted depleted roster however caused by injuries to some much nets and marc gonsalves and garden shed mikel their opponents are also motivated to say the least as volga sits only four points above the relegation zone. so this is what the table looks like going into the second part of the season says score four points ahead of champions ynys who recently signed it sat in

international cricket all to strengthen their defense are in third while fourth placed on she will be hoping to improve after signing on guerin jock from e.s.p. i'm hoping to time for a champions or be in our fifth. and russia's most successful team sports are experiencing difficulties at the moments both will be hoping to climb up the standings following deciding on such international didn't meet as a. boxing and heavyweight contenders have put pen to paper as they seek to claim the recently vacated u.b.a. belts launch a guy f. and russian alexander privette kinsa go head to head on august twenty seventh in germany it will be two thousand and four and that the gold medalist of bet first title fight the thirty one year old is on speed and twenty one professional bout the three. hundred home of their food menu having caught sixteen times in germany with shotgun have already had the w. games built around his waist back in two thousand and seven feeding another russian

child to live a little while they did so your older brother failed to then they would be around you to realize that was the thing that you were shows are just the title vacated answering the door bell told her vladimir klitschko took a portfolio is issues that could have been years or is it that again. bernie eccleston is being investigated by german prosecutors after the sale of formula one in two thousand and six the sports president is alleged to have bribed a banker for forty four million dollars to buy his stake the germans say that eccleston received forty one billion dollars worth of bank commissions in return but the main man in formula one says he expects to be cleared off and you're wrong doing while the court prepares to try a banker here hard koski it will some currently say is a huge shareholding in motor sports it's all. over so one of the newest and most exciting sports on the planet who live diving is just eleven years old but

russia has already got its man at the summits on the eve of the next stage of the world series twenty eleven artsy takes a closer look at one of the season's favorites the two thousand and six world champion out of junk cinching rubber or the neon has the story. this amazing spectacle is called cleve dubbing and there are only a few dozen people in this world of gov the skills to do it at a professional level and one of the chosen ones is russian i don't see who was just twenty two when he won the two thousand and six world championships since then he's rested easy mung the cleat dubbing elite finishing overall third last year in the sport's most prestigious competition the red bull world series. the twenty seven year old entered this isn't as one of the favorites with the reigning champion gary hound and the sport's most decorated after the presently injured are on the duke in

his sights and avoid like every true sportsman i always want to win although you should forget about that before the dive because your main goal is not to get injured but it's a competition and i always try to give it my all. what cleve divers do he simply amazing but there are just humans diving from a height of forward twenty seven meters despite their outstanding ability and experience is always a life threatening situation and fear is certainly not an alien concept of them although the ways to fight it differ. with ten to fifteen minutes to go the dive is the only thing in my mind but when i'm standing there on the edge of the platform my head is empty i'm just out of this world no fear no thinking just me and the height i believe my trainers are the best in the world tatiana and going to be stirred due to their trained two time olympic diver champion dimitri sauted they

taught me great technique helping me to try a number of new high dives in the sport and none standup is one of them suits and this trademark it's one of the most breathtaking yet difficult things to do in the sport kill needing with his or. regional invention it blind entry into the water with some cleave diving events which by thousands of dangerous concentration and focus is a must be for executing high does all those good claims audience don't disturb its own from the more spectators the better it gives me additional motivation and drive it's great when you can hear the crowd shape you on with three stages left to various native currently feet in the overall standings the next world series two until eleven. on the twenty fourth of july last year the tail and sun so suits him to produce one of his best performances ever and clean the stage when you would bet

against him. again robert virginia party. the russian ak all by championships have wrapped up with only a select few able to say they sets the event like a duck to water and bringing together complex competitors from all walks of sporting life. reports fun in the sun was just around the corner for capital dwellers but other aquaduct enthusiasts had to travel from as far away as body of a stock to take part plenty of disciplines contested but the spectators made their viewers choice by flocking to the aqua bike freestyle event pound for pound best in the discipline yvonne pecan and was noticeably absent mean the battle for top spot was blown wide open and an unlikely contestant from a completely different sport emerged at the end of the hard fought outing twelve time windsurfing champion show off showing his prowess and like any true winner your show off saw plenty of room for improvement in what is

a relatively new discipline forming at least. i would say i gave it about seventy percent of what i'm capable of i lost some rhythm while trying to perform complex tricks so i know i can do better. however our hero of the day strongly believes the overall level of the sport is on par with a global standard last night we were somewhere definitely a world class team we've got competitive fully capable of winning the world championships i would say yvonne part time in is currently the best in russia plenty of multisport athletes had a chance to showcase their versatility alexandre shall know if is another one of those well rounded participants who may have had one of his last aqua bike outings he previously raced in the runabout f three power boat class but initially made his mark in events where the water is of a much lower temperature but you know what it's like i said i'm looking to quit aqua bikes although i've just become russian champion for the first time a previously won the same title in the snowmobile cross rice and now it's time for

me to start racing quad bikes. so i quite a good devil's put their skills on display all the all the amazing feats are clearly far from their complete resume in the sporting world yvonne's a gorski r t joint case for another update on less than a couple of hours and don't forget our you tube channel r.t.e. sports news is available to you at any time news headlines are coming up shortly.

in india oldies available in the movie go and join t.v. shows a movie that's a great way to go to the grand imperial truly towards west coast coromandel you can

a letter till close with it to see don't need to go publicly and read this in the kernel was her job as a school retreat. leaders bickering in brussels on how it's a phone you continuing bailouts is the debts academic now briefing it's only in spain for the strains a giro on its last legs. as an international media mogul and top politician some of the huge public scrutiny we examine whether they'll be able to survive like the fallout of the phone hacking scandal on restore public trust. the last remaining un indicted war crimes suspect goran hadzic is awaiting extradition to the hague after being counted in so belgrade has the move in the country closer to the ship. and that a multibillion dollar lawsuit is in the cards over b.p.'s rail deal with balls that

will have more on that in business in twenty minutes. a very welcome gee this is our sea lion from moscow e.u. leaders have gathered in brussels for an emergency summit on how to come up with the cash promise for a second bailout to greece the heads of state is said to be considering a new bank tax to pay roll out things and stave off a looming defunct but with a family in spain now showing the first symptoms of the debt epidemic are fresh tensions between the attendees. squabbles have already broken out with germany pessimistic about the families and france calling for long wide unity but it's also easy daniel bushell reports the in fighting is continuing while the euros future hand that. the single currency will be did within two years warn

analysts within the european debt crisis there is a really very serious threat to. the euro might disintegrate. the eurozone might collapse it's already too late to save the greek economy according to a majority of leading economists and experts polled by l.t. greece is really going down the drain completely the depth is escalating the deficit is stark totally out of control but i could give you the analogy but they were like somebody with a gambling problem or a drink problem. but. it's a cultural thing so no we find ourselves with someone with a drinking problem but with a huge debt as well and the problem will only ever get worse until you actually confront reality and say look they don't fit in the or as they're not going to fit together with germany in one single your politicians in.