it's all passed down here this is our city's syrian activists report more protests today sounds big headed from the red cross makes a humanitarian visit to the country meanwhile brushes the un to get the warring signs into talks to avoid a repeat of libya's descent. israel authorizes its special forces to shoot palestinian protesters as they prepared to march in support of a u.n. bid for independence tel aviv has already on the jewish settlers in the west bank that claims the sole purpose is to prevent bloodshed. the gas and

baths that ukraine backpedals a bit its threat of taking russia to pool wants to force the prices down moscow says it will sound its ground on the already signed deal kiev wants to renegotiate prices because of difficulties in paying. out the decades america and europe panic in the global economy now their positions are floundering dragging much of the world. and not everywhere as are seen now hears from india. the as and 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 mr monti axing ahluwalia i want to ask you is the second wave of the global financial crisis upon us i think what will happen is now considered to disrupt the slightly moderate group prospects for the card in the us and maybe in europe but i don't see this as going back to two thousand and eight and so where do we go from here who's going to fix what's going on in the world right now the would need stu. 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 a country which doesn't have a very well balanced macroeconomic situation and is various times in india do you think that perhaps there could be

a shift in the world order and. 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 a long term projection suggests that japan will go relatively slowly europe may grow a little bit faster going to pound the us has traditionally been viewed as a very dynamic economy is likely to grow faster in europe but the growth rate in these economies would be much less than the growth rate in emerging market countries i mean china india brazil so i think over time there is a shift in economic politicking place 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 kind of comedy about it it can't be a global system which is run only by saying well look this is the center of power and everybody else must adjust and it's been said that europe has dominated the air national monetary fund in your opinion is that part of the problem or at the thought was 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 armor 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 a european and how do you think all of that has attracted a year 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 because the i.m.f. is working collaboratively with the european central bank so 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 i mean there's always an issue that the fund must be not dominated by the concerns of any one part of the world which it should 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 forty 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 quality 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 there are 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 trend 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 but moving ahead how do you stop the same thought

problem arising ten years from now it is very important for europe to have very clear rules of behavior how are they going to 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 have to look at and i want to ask you about china obviously china is the number one u.s. get holder i believe they have around three trillion dollars that you asked that in your opinion can they make the right decision and. this 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 the dollar debt because if they didn't hold dollar debt then essentially the dollar would depreciate. the renminbi would have appreciated so to some extent the chinese

holding dollar that is the other side of the korean of running surpluses but not actually appreciating against the current see 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 whether we now adjust in a soft landing method rather than in a highly disruptive method and it's in everybody's interests including the chinese of course they're just. when should be a soft landing do you think that dollars and i survive as 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 rather suddenly remain the largest economy certainly for another ten years the fact that the us has free movements in and out of capital will still make the trendsetter

rather than the trying to ease economies the real issue is in future would people be willing to hold all their reserves in dollars now as a general rule if you've got four major currencies it doesn't actually make said store all your lives in one province so i think the in the past there's always been the assumption that other countries may address the u.s. currency become the sort of. stability that i don't think can remain true once you get a lot of other countries which have moralist similar size as the u.s. 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 amount of the newly

emerging countries then those should be corrected and we should actually use this as the forum and obviously you know there is reshaping of the world economy i think if that's happening it's probably going to also cause fundamental political shift as well what do you expect from our point of view that 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 it. might create a greater awareness you know they can't unilaterally decide the future of the world and certainly countries that earlier felt that they were not part of the political decision making now feeling part of the critical decision making i mean the third democratize ation of 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 despite their political

influence would you make these agencies more accountable if you could 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 rate it 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 and the track record is the only really 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 these emerging markets if they start to look away from u.s. treasury bonds i mean what the planning commission is short term projections 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 that the industrialized countries are going to grow more grew more slowly whereas the emerging market countries are going to grow faster india's been growing for the last five years at 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 mark is very good to know how to swim 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 their 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 over time i think they should be

rebalancing a little more closely emerging markets and britain that i think india would be a very good bet. well it'll certainly be interesting to see how he has affected by a law that i want to thank you so much for taking the time to talk to me thank you .

the official t. obligations show on the phone called touch from the. child's life on the go. video on demand on she's my old

girls. feed now in the palm of your. call. syria not to various reports more protests today this is the head of the red cross makes a humanitarian visit to the country meanwhile russians urging the u.n. to get the warring sides into tools to avoid a repeat of libya's capital city to said. israel authorizes its special forces to shoot at palestinian protesters as they prepared some logs and support of a un independence as a jewish settlers in the west bank that claims the sole purpose is to prevent bloodshed. gas and paul's ukraine pedals a bit threatening taking russians of course to force the prices down says it will standards around the already selling deal kids continuing to insist on price

reduction and safeguard refusing to make any concessions more than the davies in just under a quarter of our first old age in sports with tasha. thanks all as long welcome to the sports update marty will begin with a look at our top stories use open tennis and russia's top ranked player battles and makes the quarter finals the second seed is still a major title. within the final preps handled tomorrow zero it's windy as well call it by against ireland here in moscow the hosts a need to win to solidify their top position in group b. . and also this was the shot of the day in the championship on sunday phil mickelson eagle on the left to how well the line is pulled from the highly

debatable what some with world number one group donald also in their hands. now tennis the u.s. open. in set to face some of the stars are in the quarterfinals the second seed beating sabine lisicki the site of that meeting while stars or have all held off another russian. mogul of efficiency with sixteen winners and just eleven unforced errors it's a struggle to match that basements in passat a similar story in the second with my robot closing out six two six three victory you know meets australian starts or has beaten her in seven weeks he is. right. for the previous matches and i'm really happy about that. started off well i. didn't like her for her in the first then she started playing a bit more cautious than in the second and then too coolly you know and i was. able

to hold myself then break. eventually when the merchant unsaid. now on the men's side of things russian involvement is now over and the last of all going down to miller in round three if any german rafael nadal meanwhile had an eventful day at flushing meadows. forty minutes and counting them a day he'd seeing the world number two take care of down a bunch and seen a seven six six one and seven five how this match and that up in the dell now through to the fourth stage where he made smoother for a place in the last eight. and york though taking its toll on the doll in the interview room afterwards journalist watching on as rafa grabbed his leg with crown slowly stretching out before collapsing on the floor and adelle's it off was it was quote really hot and it was just bad luck that the brain sprang up in front of the cameras instead of in the changing rooms. now

a much more straightforward afternoon for fellow title hopeful and imari the school values which include wronging the six one six four six two big trio but from the sound of lopez a clash in the last sixteen against surprise back to american wild card donald young now awaits. the stars well. that's good for you going over. there and. you know when you go. i mean i'm going to sit on your ass for that was. because. it was important because we're. going to sort of spread the word what you don't want to be. you know three four because it's not easy to recover. to football now where russia gearing up to take a massive step towards europe's when it's all over creation on tuesday the group b.

leaders take on the second see the republic of violence here in moscow together because judges should enter the tie in high spirits having beaten the irishmen free to in dublin you know big very fast becoming critical for both sides with slovakia and our media also still very much in the running for the ukraine and poland phyla finals has sent a fully fit school to choose from although midfielder a good genius of is out through suspension. now russia to lose a game of the european basketball championships in lithuania their latest victory over goal here is sending a strong message to the upcoming opponents slovakia and the other unbeaten team who will now battle russia for group d. domination russia's on vacated yet helping himself to twenty five boys firing valves and four steals against the bulgarians while fellow and the big man who might be added fifteen points but lots confessed he is saving most of his tactical trump cards for the slovenians spain so there and france are the other nations yes

to lose so far in the three. meanwhile denmark's most successful professional golfer is on a roll after taking the european masters title it's almost bjorn winning his second straight tournaments wildcard in a final round of sixty two to match the low was total of the zero korea and amazing day seen the day into any three stroke deficit into a four shot victory a great approach on the fifteenth here just part of a stunning nine on to par round your including sands in overcoming the obstacles with the twelfth european title inside for the world number one martin kaymer was next closest to the sixteen on the pants a little bonsa not even eagle on the third was enough for the german your own close down eighteen the birdie to secure in the title his third these here he also fought back from three down in the final round to win the journey walker championship last week. well i think when you get into contention and you get that high you do ski

calling and would that lead of all today you never know what's going to happen you know i have said i want to best players in the world and that lead to war and you know know what who's going to come at you from where i was so you just got to keep going and state stay with you golf and i've done that for two weeks now i i stay very much within myself and played my golf. and it's getting to the top of the leave the border the deutsche bank championship five people now chasing the the google watson with a round of gold there and hold bookies on the day but still led by one thanks in part to this parody of the seventeenth twenty eleven masters when a child started with a share of the lead but lost some ground the south african now two strokes a back and tim scott showing some great range on this set up a birdie on the eighteenth hole used joined by jerry kelly brandon steele chelsea and fellow australian jason day all launched shot back meanwhile phil mickelson is only four strokes off the pace held by this eagle all this wealth the shot of the

day probably. more of a sport now where jorge lorenzo as victor of the sound or even became suspended in contention for this year's title it's case is still one of those who retains their overall they despite finishing third on sunday the and so on he's blue yellow have also both see the stone at all the first twenty four year old would hold on to the top spot for the remainder of the event finishing ahead of him patrick. and still not won the rain on the track so the ransom count stone is advantage to thirty five points with five races still to go place here aragon is the next stop on the move to be calendar. you know which is your time zone out. to get me again but it is by going to struggle yeah we made it i know that we can be in social week

but i really expected that he fired with but if i was to see the finale for me to see you both off base and in the middle of the reason i could win this it will be totally in italy. and finally it's well they're all right yellow one of us and hopes to find yourself in the guinness book of records the first scales of fifteen to bench press an incredible seventy kilograms which is part of it has the story she hasn't even entered her teens yet money on the now mother is already a sensation around the russian powerlifting scene. grade school kid has a reception with a dozen world records and a sport that she took up completely by accident. i have already been there and pressing since i was ten i went with my dad to a competition and during a break i decided to try and with the bar. twenty kilos and i managed to live to the core times an expert saw this and said i should train as this is

a rare feat the striking thing about mariana who hits the scales of silva forty kilos but no one would ever of guessed that someone so slides in build will be able to lift one and a half times her own body weight however size isn't everything but she's able to lift girls who are much heavier or she's been recognized as a world leader in a fifteen and under age group. and yet there is no secret behind my success my father trains me which i really like the coaches are really good and some of the best around they have trained a number of champions i'm one of them and i think they have played a big part in my development. pricing is not a little bit discipline at the moment so money on a doesn't received any state funding one of our options is to late to change the weightlifting however such a young age no movies can tend to keep your options open and a farmer alexander who is also a professional branch pricer his weight lifting has its pitfalls. which.

weightlifting puts a lot of stress on the spine and on the knees a weightlifter can only really look to compete until they are seventy five to thirty his injuries will take their toll but they don't have these problems we've bench pressing money on his extremely competent for a twelve year old still leads a relatively normal my kids in school but she says her boys do pick on her mainly out of jealousy but she takes all this in her stride and she believes her amazing feats can be a message to everyone that anything is possible if one puts her mind to it here i would like to be an example for both adults and kids that if they see me in the gym they will want to follow suit money on has made some amazing achievements in her career so far our aims over the next year also after time benj price in excess of eighty kilos and given her rapid success and dedication one wouldn't bet against her achieving this speeds and setting yet more records richard pombo please r.t.

moscow. well as the score for this hour coming up next we'll tell you what the prospects for you are stating and. hungry for the full story we've got it. the biggest issues get a human voice face to face with the news makers on the party. well to. remind you the latest in science and technology from around the world. we've got the future covered.

a. worldwide manhunt for him lasted for fifteen years. one million new mobile was promised for his country. little miss murphy of the west.