should the rich pay. for the. we've got. the biggest issues get the human voice face to face with the news makers he. talked about here with r t here's a look at the top stories levy unravels preparing to attack one of colonel gadhafi the last in desert strongholds in the town of bani walid attacked her efforts to negotiate the surrender of the ousted leaders remains wars break down. russia says the u.n. must immediately call for all sides in the syrian conflict to stop the violence and start talking plea came after moscow can dam the recent e.u. sanctions which threaten to hurt the people more than the regime. and overcrowded u.k. prisons are at breaking point working out almost maximum operational capacity this

as the government hands out tough jail sentences in a hardline approach to street riders and looters. are economic climate is not at all bright for the u.s. and the e.u. bought their my deed better times ahead for developing economies next we sit down with one of india's leading economists to find out how emerging markets are responding to the challenges of turbulent times. the asson p. downgrade of the united states' economy has raised many questions about whether or not america will continue to be the powerhouse in the global economy and now the international monetary fund predicts that china will actually outpace the united states economy by twenty sixteen so how is all of this going to affect the traditional players and what is the impact going to be on the so-called developing world well joining me to help get some answers on all of this is oxford educated economist and the youngest man adverts i had

a world bank department he's now the chairman of india's planning commission mr monti exciting ahluwalia i want to thank you so much for joining me so first of all i want to ask you is the second wave of the global financial crisis upon us i think what will happen is markets would be disrupted. moderate group prospects for the card in the us and europe but i don't see this is going back to meet and so where do we go from here who's going to fix what's going on in the world right now the wood needs to. get together to work out what's the transition what's a reasonable transition in a world in which there will be more than one currency and where the traditional reserve currency at the moment is in the in a country which doesn't have a very well balanced backward nomics attrition and is various times in india do you

think that perhaps there could be a shift in the world order and that india could be somehow gaining from what's going on in washington there is certainly a shift going on in the world there's no doubt about that i mean any medium term or long term projection suggests that japan will go relatively slowly europe may grow a little bit faster going to pound the u.s. has traditionally been viewed as a very dynamic economy is likely to grow faster than europe but the growth rate in these economies would be much less and the growth rate in the emerging market countries i mean trying to brazil so i think over time there is a shift in economic politicking praise one is to asia. and another way of looking at it is really the rising rate of emerging market countries but i think you're thinking of a world in which there would be

a large number of relatively equal economic groupings and you want to global system that can accommodate that it it can't be a global system which is run only by saying well this is the center of pollen everybody else must adjust and if instead that europe has dominated the air national monetary fine in your opinion is that part of the problem or the solution i do think that the dominance of the industrialized countries of these two institutions has to change remember that as long as europe and the united states are together. they account for almost half the votes in the army or from the world bank so even if you made a voting system they would be able to get their candidates in providing they collaborate with each other but you don't want to system where it's assumed that one organization will be run by one country and the other will always have your

opinion and how do you think all of that has a pact at the euro zone and personally i think the world is going through some very important structural changes and if europe is showing signs of strain i think it's appropriate that the fund should do what is necessary but it's also appropriate that europe should bear a very large part of the burden and the costs and that's what's happening with the i.m.f. is working collaboratively with the european central bank on the whole i think stability is very important for all of us and so far what they've done i think is the right thing but looking ahead as new sets of problems arise and it is always an issue. of fund must be not dominated by the concerns of any one part of the world would be should be seen to be reflecting global interests and do you personally think that the euro is going to survive the creation of a single currency for europe was a pretty major and

a bold and ambitious step i think is generally recognize that if you want to have a single currency it needs to be backed by a single fiscal authority now since euro zone is different countries they obviously don't have a single fiscal authority but to back a single currency they must have a very shared understanding of who's going to pay the bills if a problem arises that will become a substitute for the single applaud i don't think that's been sufficiently clear i think in the first flush of you know a good feeling about the euro. there was an assumption that a lot of benefits that come to european countries from having the same currency but not enough appreciation that there are costs and i think that's now evident so it's a challenge for europe how they're going to handle this trade in future i do feel that they need to be if you like bailed out right now because i don't think it's in

anybody's interest to see a major financial collapse about moving ahead how do you stop the same problem arising ten years from now it is very important for europe to have a very clear rules of behavior how are they going through deal with fiscal crises. i mean what's going to be the rule of the european central bank in bailing out governments as opposed to the role of the i.m.f. so i think these are issues that the global community will look at and i want to ask you about china obviously china is the number one u.s. to get older i believe they have around three trillion dollars that you asked that in your opinion could they make the right decision and doing it is true that the chinese have a very large holding to some extent if the chinese wanted to retain. parity with the dollar which was part of their strategy they would end up holding a dollar debt because if they didn't hold dollars there then essentially the dollar

would depreciate. and the really would have appreciated so to some extent the trying is holding dollars that is the other side of a corner of running surpluses and not actually appreciating against the currency if you're running a surplus which now you know that that period gave the world a lot of stability a lot of growth the chinese benefited i guess whether they made the right choice or not depends on going to be now addressed in a soft landing effort rather than in a highly disruptive but really it's in everybody's interests including the chinese of course they're just. should be a soft landing do you think that dollars and i survive as a global reserve currency as a major currency absolutely i mean look the united states is going to remain. the dominant country globally it won't be as overwhelmingly dominant as it used to be certainly remain the largest economy certainly for another ten years the fact that

the u.s. has three movements in and out of capital will still make it the trendsetter rather than the trying these economies the real issue is in future would people be willing to hold all those of dollars as a general rule if you've got four major currencies it doesn't actually make sense or you're the one. i think the in the past there's always been the assumption that other countries may address the us currency the sort of the. stability that i don't think can remain true once you get a lot of other countries which have moralist similar size as us and in your ideal world who should raftery the global economy i think there is a lot of consensus around the world that the fund is the international institution that should be looking at these things and if there are governance problems or

inadequacies. known representation in adequate amount of the newly emerging foundries then those should be corrected and we should actually use this as the forum and obviously you know there is a reshaping of the world economy and if it's happening it probably can also fundamental political steps as well what do you expect from our point of view the rise of a number of emerging market countries will create a much more balanced sense of the world economy amongst countries that were earlier seen to be dominant at my. create a greater awareness that you know they can't unilaterally decide the future of the world and certainly countries that felt that they were not part of the political decision making now feeling part of the critical distance from me and i mean just good democratize ational the globe truth have positive effects because it will make

these countries behave in a more responsible manner and there's been a lot of talk about rating agencies being unaccountable to spite their political influence where you make these agencies more accountable if you quoted one of the fundamental areas of conflict are the rating agencies rate companies that pay them to rate them so you can generally assume that a company that pays a rating agency to rating is hoping to get a good rating so there's a there's an element of conflict of interest if you're getting your money. from the people to whom you're giving a rating. i don't find an easy way of solving this problem but i think transparency transparency in how the ratings are done under track record is the only way that you're going to be able to solve the problem and the last question i want to ask is you know a lot of people are saying that investors are going to perhaps invest more in view of emerging markets if they start to look away from u.s.

treasury bonds i mean what's the planning commission is short term predictions for india in relation to everything that's going on right now the big message coming out of how the global economy is moving is the industrialised countries are going to grow more slowly whereas the emerging market countries are going to grow faster india's been growing for the last five years that about eight point two percent anybody who's investing and looking around the world if they find one market is growing a little somewhere between eight and a half or nine percent another market is very good to her heart the same i mean they would be very well advised. to invest in the markets that are growing so we expect on a medium term basis and there will be it already is and will remain preferred destination for foreign investment people look at the global portfolio traditionally they've invested too much money in the industrialized world not having anticipated what the consequences of globalization are going to be so over

time i think they should be rebalancing a little more towards the emerging markets and within that i think india would be a very good bet. paul it will certainly be interesting to see how it is affected by a law that i want to thank you so much for taking the time to talk to me thank you . for the full story we've got it's. the biggest issues get a human voice face to face with the news makers on the t.v. . if. you should be soo much brighter than the moon about

someone from feinstein. who threw stones on t.v. don't come. to. the worldwide manhunt for him lasted for fifteen year which. i one million euro award was promised for is come true. political minus murder for the west. the national hero for minions of. general of the serbian army. problem luggage here are criminal. on our cheap. download the official anti happily cation joint phone on called touch from the choose up story. the job she lives on the go. video on demand all she's mindful of costs an owner says streets now in the palm of

your. questions on the call. even rebels are preparing to attack one of colonel gadhafi is last desert stronghold the town of bani walid tapper efforts to negotiate the surrender of the alstom leaders remaining supporters breakdown. russia says the u.n. must immediately call for all sides in this hearing conflict to stop the violence and start talking to the police came after moscow condemn the recent sanctions which threatened to hurt the people more than the regime. and overcrowded u.k. prisons are a breaking point for almost maximum operational capacity this as the government hands out top jail sentences in a hardline approach to street riders and looters. so they have lines on the back of the top of the hour sports next with.

thanks for the have you with us this is sports today this monday morning here in central moscow plenty ahead including. silver lining russia finished second in the medals table at the world cup lennox championships a brace of goals and some this final take. on the poll russia's highest ranked tennis career of euro zone the real but qualifies for the quarterfinals of the u.s. open last year's finalist in new york aiming for a first ever grand slam title. man behind the headlines yes you mean motion so you can get another call offers his thoughts to artie on how the sport of ice hockey is really run. interesting stuff that's coming up soon but let's get going with where the world championships are wrapped up russia claiming two more

goals on the closing day to consolidate their second place in the overall standings marina savina set the odds by beating world champion suffering can. for so many in the women's it hundred meters the russian cocking a time of one minute fifty five point eight seven seconds so many are forced to sell for so over a half a second behind with kenyan. soccer dicky taken prior. to kesha i have an incredible feeling inside me i can't find any words to express them i'm not tired though my result was fantastic i have three more competitions this season but i won the most important one the world championships. tatiana also shot the podium in the women's hunger through her mark of seventy seven meters thirteen centimeters beating betty heisler of germany by more than a metre chinese when julie completing the podium finish yes.

so that's for another two years until moscow hosts the fourteenth i job world athletics championships in august twenty third team the united states topping this year's event though with twelve goals twenty five medals in total next three goals behind well then you will be happy with the seventh place finishes which puts them three. best talk tennis on the u.s. open where. over is set to face her kryptonite some month or so those are in the quarter finals the second seed beating sabine lisicki to set up a clash while still held off another russian reoccur link in the longest tie break rally in grand slam history now is very real but she was a model of efficiency with sixteen winners and just eleven unforced errors the sixty struggling to match the pace losing the first set six to a similar story in the second with real but losing on the six to three when she meets those are these beaten the russian in seven of the three. elsewhere flavia

pennetta missed an early chance to close i japanese pension why but knowledge that it win anyway along row you in the second set going the way of the twenty nine year old. tell you in six four seven six the final score world number ninety two kerber up next the german the first time was a finalist. in the men's side of things russian involvement is now over you can it's in the last the fold going going to run three offending jumping over a field and how did eventful day at flushing meadows tough to our forty minutes in country in the searing heat seeing the world number two take her david nalbandian seven six six one seven five how it ended up and then down through to the fourth stage where he meets looks and works mueller for a place in the last eight. the new york sun though taking its toll on the doll in the interview room afterwards journalists watching on the

twenty five year old grabbed his leg with cramp slowly stretching out before collapsing on the floor but sneaking afterwards it was quote really hot just bad luck that the pain occurred in front of the cameras instead of in the changing rooms at. a much more straightforward afternoon for a fellow title hopeful undy murray the scot burley putting a foot wrong in the six one six four six two win over the sea on a loop in the clutch in the last sixteen with american wild card donald young it's . ok let's leave tennis behind and talk football where russia are gearing up to take a massive step towards euro two thousand and twelve qualification on choose they the group b. leaders take on the second place the republic of ireland in moscow. charges will be should enter the time in high spirits having beaten the irish comprehensively three two and dublin in october victory essentially critical for both sides of slovakia and armenia remain in the running for the ukraine and poland finals the hosts well

they've got a fully fit squad to choose from although the soft is all through suspension. denmark's most successful prefer. will go for is on a roll after taking the european masters title thomas bjorn winning his second straight tournaments while carving a final run of sixty two the lowest total of his european career i'm using the scene the forty year old turned a three stroke deficit into a four shot but three agreed approach on the fifteenth just part of a stunning run of nine under bjorn fully intend to on overcoming the obstacles with a twelve good title in its former world number one martin kaymer was next closest at sixteen on the overall but not even this eagle on the fifth was enough for the german bjorn closing on the people with a birdie to secure the title his third this year he also came back from three done in the final run to win the johnnie walker championship last month. it's getting

tighter at the top of the leaderboard on championship five people now are choosing leader bubba watson with a round to go to the american hunt for bogeys on the day but still lead by one thanks in part to this separate property in the seven. twenty eleven masters winner charl swartz still started bush the lead foot last draw and the south african are two strokes behind him scott showing great range on this set off for birdie on the he is joined by gerry kelly brendon steele chair of greedy fellow australians jason they're all warmed up on. her sport we go to nowhere. at the sun rain or moto g.p. keeps the spaniard in contention for this year's title it is casey stoner whoever who retains the overall lead despite finishing third on sunday the renzo on his blue young. passing pool sitter stoner in the first turn the twenty four year old would hold on to the top spot for the remainder of the event finish ahead of the

country i'm still in or on the rain hit maisano track so the range of cuts to his advantage to thirty five points by race is to go into an eleven hour ago on the new . start to construct. and finally there are being films made eating songs sung about the fabled professional sports agent but that majority of them prefer to let their clients do the talking that's why but if any marketisation get out a cough said he'd speak to us we joked that the chance events of our state takes up the story. huge contracts global grand indorsements and thousands of screaming fans the ice hockey all stars of the world really do have it all but despite being phenomenally talented individuals they would have a hard time making such an impact on the biggest stage without someone pulling the strings behind the scenes now do you shuck off and never expected to become a sports agent but now he's become one of russia's trailblazers in the business he

manages such mega stars as you have getting market in so you get a go in charge so there's a g.m. i became an agent by accident and i lost my job in one thousand one thousand nine hundred struggling to meet cans meet a friend of mine called me one day and said you don't word from the new york rangers that a sports agency is pursuing me i didn't jump the gun and let those guys pursue my sermon series eventually the company's representatives met with me and i took the job. shut off is well aware of the trials and tribulations this quine's to be himself a twenty three year playing career in cold spartak moscow after that. i've got some colleagues who never played and they think a hockey back variant is not necessary to do their job i tend to disagree as one must be able to evaluate an athlete's current level of performance and his potential and that's what ultimately determines a player's price and while managing mile can go in charge and other big names would be the top entries of course resume no agent would want to miss

a transcendent up and coming talent little blossom into a star you're pushing them up with as it was that i would say i represent between forty to fifty players in total including those born in one thousand nine hundred four and one thousand nine hundred five i try to keep in touch with all my clients and go to their matches if possible obviously there's a conflict of interest frequently because i can't attend all my players games and the same time. the competitive big money business can bring out the worst and so major it's with sound going as far as to steal the diamond in the rough that others have found. cause says he experienced those shady dealings first hand and believes a lack of sporting knowledge is driving his colleagues under him and the tactics. one agent police and lee told me he would take players from me once his current crop of stars retire this practice is widespread in russia while the united states for instance has a code of conduct which will limit such action if an athlete is already represented

by one agent and no other agents can recruit him however it will shock of claims he knows a few american agents and find ways to cheat players out of their hard earned money so they would use these this is i've never heard of asians taking money from players in russia but it's happened in the states before i knew that aundrea kostitsyn was a victim of such a scam and they also tried to trick alexander ovechkin. i don't love since parents are the ones who often choose their child's age and as for the future you should make inquiries about it's a variation of the players themselves though are much tighter need group and help each other out when the going gets tough molecule along those benefiting from the smooth n.h.l. transition by teaming up with going char. malkin has an easier time adjusting because going charm was already on the team max talbot's and sidney crosby were also our clients playing in pittsburgh at the time while he moved into surrogates

how you sit and stay there for three and a half years so gone char was like a big brother to you in a for a while he paid the bills help them set up a bank account among other things. seeing your favorite athlete on the list of the richest people in theirs or the cover of a new magazine or endorsing your product is the result of a good agent's work but those men like will shut off also clearly have the ability to become greeted by his or so their clients while allowing the players to blossom in their respective leaves. runs the gorski r t. fascinating stuff all your support for world weather is coming up just around the corner say shortly .

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