are many not only wrong materials which remain essential including a nuclear sector in which we can cooperate more deeply. well if talking about. the good sides of the modernization and present inventive has criticised the investment climate in russia do you see improvement but it would be a poor guy called shihab he 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 and the progress to date has been huge and president medvedev invited me to putin 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 you need to read russian which is not common and secondly you need to come more often to russia so we also need to open our minds there is still much to do however your leaders the president and your prime minister sayers at the st petersburg forum the road map was clarified or that the investment climate is much better today look at

the business flow between us the big french groups are present for example vinci who are doing the motorway link between moscow and st petersburg today we are developing cooperation on power generation on the sides of the st petersburg summit we signed with e.d.f. to equip and i would say to provide electricity to the city of tomsk we built parts for a.d.'s for airbus in your quotes can siberia so there are multiple areas of cooperation the cooperation between france and russia does work. 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 because all here 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 house of a priore and we have i have to say is in western europe not only of france. problem

with our media who do not know russia well and russia should communicate more also there are old stereotypes of the progress achieved is not reflected in media. why why is media portrayed as very biased in the west russian media. i think their image of russia is based on the past from fifteen or twenty years ago they do not come to russia often and often does russia communicate actually quite little to us on what internal changes are taking place we have to deal with outdated ideas and perceptions which are wrong and this i believe is an important subject this is a blocking point we often speak about big groups or think about the new or a small and medium sized companies in russia and in france many are already cooperate i would 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 be it in transport water or electricity

distribution in aeronautics in health at the laboratories level in high tech and by the way you have school which is a big success many companies e.d.s. all stillman's wants an awful but also american german and many others are present so we can help our technology transfers in many areas but also this you will be calling to north caucasus to actually evaluate its potential investment in north caucasus. alpine tourism expertize figure in your approach we. are he yes and 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 president medvedev and president sarkozy in deauville on the sides of the g eight made a joint declaration on this yes with. russia chose parents as a main supplier not exclusive but main to try to establish ski resorts and develop the area coastline this is a huge project led. i miss to be president of north caucasus resorts were taking

a visit with me and i believe that the best on tours development will prove to have been the right to create jobs give people hope and as well you increase security which also comes through economic development we are going to take part in this event. this is the first time you will be north caucasus. yes for me this will be my first time in the north caucuses and i am very excited to have the chance to discover which is wonderful i've seen photos the french team accompanying me already knows that area is a wonderful place and i think you can develop a tourist in the center of europe which will be very attractive to the whole world but how long do you think it actually could turn. because right now it's not the safest place to be or tourists to go. 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 and your president is to say that we're going to develop this area to create jobs for the young of course to ensure security the government provides guarantees for up to seventy percent of investment but it's still taking a chance it's the right decision to develop this area so that is what needs to be done what i want to be vestment are we talking about. this is a huge project over many years more than fifteen billion dollars will be invested french companies and others will have the opportunity to take part investors and of course the russian government invest a lot in infrastructure which our companies can complement with i'm thinking about paul mccarthy who built steel if other french companies will be present we're going to invest it but it will also be necessary to attract capital from all over the world this is a very big project when i talk a little bit about what are the concerns for the here in france because it's so closely tied to spain and italy they're actually sliding now into the territory.

i believe whatever they say today the euro is not threatened it is facing difficulties but as we speak here about cooperation and about a future economic zone with free movement of people and capital between russia and western europe 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. here really i think here a russian economic zone could save the euro we look. yes i believe that today europe which is a political economic entity needs a much bigger economic space to be globally competitive think about the fact that the american continent is brought together at the nuff to a level that the asian countries are brought together at the a.c.m. level we 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 there are all materials a huge area on the other hand

a trade capacity. vance's in some sectors but not all you have here high 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 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 and 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. 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 that you know this is a big first in st petersburg in the presence of president did dative we signed for them. 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 cooperation will be in two directions i saw you as prime minister vladimir putin came to paris we took delivery of test models of the better off two hundred the firefighting plane which is now under trial in the west of france and we're looking at buying more so our cooperation in sensitive areas to be strong as an example shows that the political climate is healthy there are no more clouds today between france and russia and contacts between the two presidents are excellent 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 because your see 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 never had a status of international financial center. i am convinced of mosque. as

financial health plans that we receive midst of all ocean who is responsible for the moscow financial helpline in paris he met french stock market regulatory authorities on the a.c.p. on regulating banks and insurance companies to follow the example of what is being done was done as it was to be in line with global norms and standards our idea is that moscow is located halfway between hong kong the new york has a central role to play when we have here a big country for all materials moscow could be the global financial hope for more material try tomorrow you are global leaders in oil and gas look at big groups like you sell what else nickel i mean you're a global leaders in the energy sector so law school has a role to play and moreover for our financial hubs we can find synergies in the derivatives area in many things so we were convinced that the rouble will stay strong and moscow must become a major international financial hub and was you have a lot of things yet to do at the legal level legal security regulation which you are doing it at the moment and the only thing to do is to help you give you lessons

about the need to sort the aftermath thank you very much for this interview. thank you. mission free accreditation free comes for charges free. arrangement free. three stooges free. download free broadcast quality video for your media projects and free media down to r.t. dot com you can. so

our. to. thank. you.

up to date with the top stories from r.t.e. leader. hammering out measures to tackle the greek crisis that many say with the debt epidemic spreading and. like italy it's the very future of the single currency it's at stake right now. meanwhile the troubles are deterring aspiring states from wanting to join. to extradite its war crimes fugitive to the hague the rest was the condition serbia is now fulfilled hoping to move closer to becoming a member of the block. and investigations into the u.k. phone hacking scandal intensify with even more political figures coming under scrutiny by the public betting on who the case might bring next. threatens the

careers of not only media executives including rupert murdoch himself but also the political future of prime minister david cameron. with news of increasingly gripping developments in the. hello welcome to the latest leaving sports updates this thursday and that comes getting back to steve williams says he's wasted two years after being sacked by former world number one tiger woods. while back home in boss he will start to a famous golf signs a deal with former cycling team until the n.b.a. lockout is over. we preview russia's cliff diving supreme. as you prepared to take on the sport's quest to the next world series stage when it's really. the first football and the russian premier league regimes this weekend

off a months long summer break they want to postpone matches taking place is that as the evening has legally discussed have kicked off that new boys folder that early in the second half that the amero one up courtesy of bog love i'm not going to stretch that question at the top seven points ahead of the nearest rivals and champions a neat all guns partly twelve sixteen and four points above the relegation zone. well meanwhile over in argentina power guy asked through to their first copper america final since one thousand nine hundred seventy nine after they beat venezuela five three on penalties in mendoza but as well hit the woodwork three times but it finished nil nil off the extra time and the first season that's came shortly before the normals interval one hundred one their own stories had a couple to cross bar on the right column on the run down safe on the law and nil nil was the way tended often two minutes so extra time so venezuela pushing forward right from the start and now the nado shot deflected of. out on to the post.

and two minutes later they hit the woodwork yet again this time for a free kick. and then after hundred one we say look even more ominous the paradise as they went a man down off the suntan was shown his second yellow card but despite being a player up venezuela failed to find a winning goal and the match went to penalties when that penalty thank you thank you staying out till he shot the city state by the law that's daria but i made no mistake me to characterize this straight spot kick to the ballpark by true to the final but that would be single day in which playing time and then my face you're quite going to finally buy those areas on sunday. how they're doing look we can be criticised because we haven't won but this isn't about whether their opponent played better or not it's about their results after we did it we are in the final so we have to have some merit then in a penalty shootout which have

a keeper who is in great form and we have players who take that kind of tees and we also had a lot of luck with the. feisty stuff but elsewhere there's been a resounding success for all the bench hattrick heroes wayne rooney and his mention a few team mates as they post the seattle sounders seven mill on the roof american two it all started with the michael owen goal for the english champions the only land to find their team the first half but after the restart the high profile business reached a paracho goals the second half substitute reading netting three within twenty one minutes roughly imagine one go every seven minutes for the double stuff but my bet on do you feel they will overturn and change sunday while the other day was the scoresheet. so it was well done brady but one man did even better as christiane are now the net if this trouble within just moments story or the goes away on the days when will probably next inside keep us from. one of those three

second off goals but flying in from the penalty spot that student belittle right now does heroics which might pull the distance for the spanish giants the second when. on their american table because they bring as many humble they did back in the l.a. galaxy for one last week. golf now and steve williams says the last two years he spent alongside tiger woods have been a waste of time the world's most famous caddy was hitting back at the out of sorts former world number one after being sacked as he staunch sidekick what's claims thirteen out of his fourteen majors with williams carrying the bag for him but it's the troubled american gulfstar still announce the sacking on his website saying it was time for change despite their super successful partnership spawning twelve years williams assistant australian adam scott at the recent us and british opens and wants to carry on doing that while remembering woods evokes mixed feelings for the new zealand who love their working relationship while it lasted but regrets the way their parting. given the fact that their last eighteen months has been

a particularly difficult long carry for target over city workers are a scandal have a new coach a swing change in the last three months of being very difficult not stuck by him through thick and thin been incredibly loyal and then. you know and then to have this happen i mean braise or you could say i've wasted two years my wife. possible now and there's been a very welcome return for timothy must cause us the huge russia center has come back to play for his former side here while waiting for the n.b.a. lockout is to end in america must go for signed a deal with the club he left just last year to move to the north american league he was traded to the denver nuggets off to spending his maiden season with the new york knicks but with the fourth lockout in n.b.a. history threatening the next season his towering figure out will be looking toward in the russian professional basketball league golf is two meters and sixteen centimeters high coming back to the moscow reaching cup could be a fine present for his twenty fifth birthday which is not last week. the first

about him few times to be i'm happy to be back at him because it's here where i began it's my home or rather a home from home with my parents' place be the main one but i don't think my experience from overseas will be much help because all the guys playing for the club are experienced themselves so i don't think anyone will crave my advice since i myself still have a lot to learn so i'll just do everything i can on the court and that's the way i'm planning to share my knowledge should. defending champion sebastian vettel maybe the runaway leader midway through the formula one season but all is not lost for the chasing pack including jenson button who has more than the points to race for in the next two grown prix the englishman who claims the overall title two years ago is lingering in fifth place ninety five points behind the high flying battle fronts button to prove his mettle last month by winning in style the rain drenched canadian grand prix and the mclaren man will be hoping he has more reasons to

celebrate the f one circus travels to the number going this weekend and then severe depression a week later. germany's. exciting i've always enjoyed the german girl break. and their hunger is a very important race for me because it's where i first was a girl very bright it's awesome i see hundreds of girls bravest this time you know very very special ways. yeah like to have a good result. and finally i would say one of the my spectacular spots on the planet cliff diving into is of the ongoing well serious competition the sport is just eleven years old but russia already has a man in every sense at the summit two thousand and six while champion. and went to meet him. look at this amazing spectacle is called cleve derby and there are only a few dozen people in this world of gov the skills to do it at a fashion 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 says them these rested easy monk the greek dubbing elite finishing overall third last year in the sport's most prestigious competition the red bull world series. twenty seven year old entered this isn't as one of the favorites with the reigning champion garry hound and the sport's most decorated aflat the presently injured corona duke in his sights to the board are one 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 that was what cleve divers do he simply mazing but there are just humans diving from the hide twenty seven metres despite their outstanding ability and experience is always

a life threatening situation and fear is certainly not in their own concept of down although the waist divided difference of both. 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 to to be trained to time and. dive champion dimitri so they taught me great technique helping me to try a number of new high dives in the sport and numb standup is one of the suits in this trade mark it's one of the most breathtaking get digital things to do in the sport kill meeting with his regional invention it blind entry into the water with some quick diving events which by thousands of dangerous concentration and focus is a must be for executives at high gun although sujan good claims the audience don't

disturb it will turn towards the more spectators the better it gives me additional motivation and drive it's great when you can hear the crowd cheer you on with three stages left to florence native is currently feat in the overall standings the next series twenty eleventh. on the twenty fourth of july last year the toe in some soul searching to produce one of his best performances ever and claim the stage when you would bet against him doing it again robert virginia on the party. as this just time to tell you that andy schleck has one stage a scene of an increasingly gripping to the songs his brother frank took second ahead of cadet evans thomas fergus stretched himself to the max bench coming forth and keep the neatest yellow jersey from andy schleck by just fifteen seconds frank schleck is third overall and evans full size just one minute and twelve seconds

separates the top four with three stages to go and with that that's all the sport for this boss and i. hungry for the full stop we've got to tell the biggest issues get a human voice face to face with the news makers.

yes. fifty. fifty fifty fifty

. on r t struggling to save the euro e.u. leaders from brussels to hammer out of measures to tackle the greek crisis what many say with the debt the epidemic spreading into the future of the single currency it's a state right now. on the eve of troubles don't the terrorist states for wanting to join us said it prepares to extradite a war crime fugitive had it to the hague in its latest attempt to become a member of the block. and investigations into the u.k. phone hacking scandal intensify with even more political figures coming under scrutiny from public betting on who the case might bring down next. also as washington is running out of time to resolve the issue of russia's concerns

are increasing as it holds a lot of the. us bonds find out more. hello it's nine pm here in moscow you're watching r t with me kevin and first e.u. leaders have gathered in brussels for an emergency summit on how to come up with a promised cash for a second greek bailout but the epidemic is spreading with italy and spain now showing the first symptoms of serious debt a sense of impending doom fills the air as our he's done a bushel reports. the single currency will be good within two years warn analysts within the european debt crisis there's a really very serious threat in. the euro my to disintegrate politicians the richest states their voters refuse to foot the bill well i don't

think i've ever met any body in the united kingdom in london market stations here actually wants to contribute to the continued existence of the hero because i think it's a stupid idea to start with and it's just chucking money down the drain yet pulling the plug on those states could trigger a chain reaction. greece believe investors can no longer avoid quitting the euro. that in turn will spark the exit of oil and portugal even italy and spain. ireland the bottom. of the bag is going to stop there over the last couple of weeks we saw that also. spain over germany italy with germany started to go all europe's top banks hold billions of euro in greek and portuguese that if those countries go bust they could lose.