mind rules. are in a sense feed now with the palm of your. comb . eight thirty am in moscow these are your r.t. headlines a number of khadafi loyalists including his security chief flee libya for a neighboring need share with the whereabouts of the colonel himself still unknown this is concerns grow over what kind of regime could replace him. anger at austerity plan spills into the streets of italy and spain with governments preparing to tighten belts even further to calm the markets and save upholstering euro meanwhile switzerland stuns currency markets by putting its frying that used to be a monetary safe haven to the euro. and the central russian city of jaroslava turns into a global think tank as the world policy forum gets started there culturalism and

global security among the most pressing issues expected to come up at the meet. next week take an in-depth look into the eurozone debt troubles the interview coming up. i'm joined by professor roland fallible of the university of mannheim in southwestern germany and he said to talk with us about the fate of the euro mr travel thank you very much for joining us well as expected to court didn't stop a second bailout and germany's participation in it but how do you think its decision may make future bailouts more difficult the complaint has been that. the bail out. is inconsistent with. the true law. because it's important and a commitment. to the audience it's limited informed but it may.

and the second problem is that the democracy political. is. not well observed procedure it's being rather general not very detailed. and the problem is. the bail out which is likely to impair the stability of the euro. because so it. will lead to more and more government debt. and if the various member states increase their debt they. at the same time. are subject to a stronger and stronger incentive to inflate to inflate to get away like this

a problem. so they would exert pressure on them so you can central bank which they have done already last year and this year and the european central bank. central bank cals. who of course want to be reappointed by their governments they're not so independent they want to be pointed they may give in to this or short piece of this report and how much does this undermine the integrity of the. world. wide are consequences of this this these payoffs will not continue. they will be stopped and the. government they also many people in the government so don't really like since the liberal party doesn't really like it but they feel they are too weak to stop it and. can use. this decision to. oppose

generous bailouts let's go back to what started all of this and greece how strongly would you describe the anger being directed at greece now. in germany the anger is enormous. the majority of people who have been polled absolutely agree and since. the economists or all its or even more so i would say. greece is really the boss of all because saw. the previous greek government has been very spendthrift has a similar to very large deficits. even before the financial crisis. greece has been a member state of the euro zone which has most frequently violated

their stability and growth pact. so they really can say that they are the victims of the financial crisis. affected was not only the conservative government before this one but also the. socialist government before the conservative cult saw it's it's a real greek problem it's not a party problem. and then we see that. the greeks are buying gold with the money they get from the bailout. very unpopular. and they are not really implementing the conditions. which have been attached to the credits. which is well known that tax morag is very poor in greece saw the germans very upset about greece much more baku so on the blog portugal and. some people started to comment that the markets are looking worryingly like they did before lehman brothers collapsed three

years ago how serious is this financial crisis that we're in. i think the crisis is not not serious it's not comparable to you know brothers. lehman brothers panic was due to the fact that there was a medium sized bang bang which collapsed and people didn't withdraw. any further banks would also be allowed to collapse and most of the money supply would contract as happened with the great depression saw it was so there was a lot of uncertainty. since the financial crisis however we have. funds to support failing banks we have the experience that the governments have supported the failing banks and the money supply has not contracted and the

monetary pace has also not contracted so that we have had the experience that the governments are. very well able to deal with the crisis there is a growing chorus of voices that says if priest. can't manage its fiscal affairs populate it should suffer the damage what would be the consequences of such a decision would take less. while if if the greek government defaults it called from the. us some bangs but many things would have losses that were tough write downs. the greek parents would not be able to stem the default of us agreed governments we have had many sovereign debt crisis movies in the last thirty years lots of countries have defaulted the government declares a moratorium on government says we are unable to service all that sorry and can we

please have to go share sions with the banks and the other creditors and then that would be a haircut as a just cause. the banks have to swallow it if if the bailout funds. go to increased any more then. than the default would be inevitable so they are really trying to postpone the inevitable the monetary union of the euro's been going for over a decade now how likely is it that by trying to resolve this crisis we bring for the likelihood of a fiscal year to mirror. the fiscal union would weaken the independence of the central bank because if you have. an economic government as sarkozy says you've got more economy. then you have a strong counter weight against the european central bank and they can put combine political pressure on the european central bank which is bad for most ability of

the products like but i think this would be very bad on the other hand we need more fiscal discipline but the way to get the full. discipline is not a fiscal union in the works in the sense of off for this economic government but to strict rules strict rules for deficits which. with with sanctions in case of fire and this was c.e.o. richard idea of sort of stability and growth pact this was excellent but. then the governments decided not to implement it this was into solving the five and what we really need now is thinking of the future growth pact with automatic sanctions. this would require a change in the treaty. but since the government's one to change the treaty any holding on to a lot of bail outs they could do that to some observers in the usa been watching

all of this with increasing consternation and they've been calling for more europe not less right know how likely is that the united states i think this regime. has two obvious interest first of all they don't want to support their banks again so they want to avoid losses for the banks so they like to bail out. secondly they want. a stimulus for the business cycle in america from abroad they are always going to effect since the nineteen fifties we have that there so they are always so clamoring for expensive policies that brought. to bear all. bailouts. prevent the greek government from being as restrictive you need to expenditure

policy as would have to be in the case of a default if you have a default you do not get any more money in the capital markets of what we are having now is this. to get money. from the other governments saw this system is better for the greek government then the outcry default and it would lead to. more government expenditure than the case with. some commentators have been saying that in the efforts to try and solve this crisis the likelihood of a united states of europe as it's being called is growing ever closer if that did come about i don't you think it would look like i think initially it will be. centralized in the united states of america. will be more like sort something which i'll come and go. but we know from history that once you create

a federal state. there are strong forces for all the more centralized and. this has even been the case in switzerland. not in canada but that's a scary special. that's very special because in canada we have. a providence quebec it's a good show it's quite powerful and would try. to tries to prevent such what i said and maybe maybe britain maybe britain will will be with a quit because you are. slowing this down but the question is of course whether or britain. we want to remain in this type of federal state with us probably thank you very much for your time yet.

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of gadhafi loyalists including his security chief in the libya for neighboring the air with the whereabouts of the colonel himself still i know this is concerns grow over what you could replace him. anger at austerity plans spills into the streets of italy and spain with their government preparing to tighten belts even further aimed at calming the markets and saving the faltering euro meanwhile switzerland stuns currency markets by pegging its brag that used to be a monetary safe haven to the euro. and the central russian city of jaroslav all turning into a global think tank as the world policy forum gets underway into multiculturalism and global security among the most pressing issues on the table at me. joins me now

with the latest from the world of sports. so the russian football team draws their latest euro two thousand and twelve qualifier but they're still the leaders of their group so what are the prospects of making it to the final stage next year well that they need to get four points in the remaining two matches to guerin seats up spot however their next match is away in slovakia and that country also has a good chances of qualifying for the euro it's once as well so i think it will be decided in the very last match stick around find out more. hello welcome to sport here on the party coming to you a live from the russian capital would be room on calls for let's have stories up ahead but first the headlines. a golden stroll russia pale to beat garlands in their all important year old points as well qualifier here in moscow despite plenty

of chances. last in new york the u.s. open it was halted at the flushing meadows as showers forced the organizers to cancel say nine of the grand slam events. and clear skies in serbia russian parachute masters dominate the european freefall style and accuracy landing championships. that start with football where your oats once it's while qualifiers were held across the continent and choosing knights group beat leaders russia were hosting arlen's here in moscow the home side dominated throughout the ninety minutes to get some shot but close to breaking the deadlock and that's when it first minute blots his shots let's say dwight i was speaker of shay given and the same man denied and the other some shots tried to put in three minutes into the game after a pinpoint pass from the u.t. share caught on video shot and also had a few chances to score although it's a goal that they are his friend found their rhythm after the break was in the final

minutes it was the holes on the back an attacking me a pic of the actions that we had or with one minutes ago the goalie and once again people made out for the thirty one shots on goal followed all in vain no mail how it ended meetings in russia are still top of the would be about slovakia and our lads stay close behind. you can listen in players. we do feel that school was all respect you know play because ireland it will work and do everything but even if we play it's not much even much better than the first game and if you can do that against a team like ireland two crucial little confidence i think. we should post. nor can i use. we've been lucky in these nine community. and even if there were some

tricky because. the russian is so good if you are going to consider working. in this moment is possible. in that group these clashes slovakia missed the chance to join russia at this summit as there were threats by armenia four nil at home in the union out with all goals scored in the second half and macedonia these are rock bottom door and hold one nil so let's bring up the standings now a rush up aren't solved with seventeen points despite the fact that we have been scoreless and home games arlin's are two points behind and we'll go to boston scene on george for their next match our media are third at this point and will face macedonia next while slovakia are unfortunate meeting when their next one counter against leaders russia. moving on to tennis now and the u.s. open to which has been halted the rainy weather in new york now several matches

were scheduled on tuesday including the remaining men's fourth round crashes ensuring rafael nadal and the mari and to women's sport are fine also where russia is dead as one that is all about would have been up against the straightest i'm not the stalls or the organizers scheduled over its eyes for wednesday but again it will all be up to the weather as showers continue in new york. so let's take a look at who made it into the next round before it started raining over there in new york two russian ladies have made it their to the quarter final stage however it's a lot of clues that wasn't one of them she was knocked out by world number one carolyn was nike. and it's all about her looks to be in control midway through the match set up and what the second but was now he is in the world number one for nothing the dane who had suffered back to back opening round piece in for also and cincinnati right before the vents stormed back in the second to take it seven five . opponents no chance played in the decider six one in the match. the winner

was pretty strong out there so it came from. just went to one side and yeah i mean for months i really had to get through the ball. from the other side so you have to a child not to play city but yeah i mean it was a good parallel. yeah we had a few of those before. here two years ago. moving on to the qualifiers from russia now where i start see a public chunk of what she calls but i just got scale in the last sixteen the russians lost to be better and in their previous three grand slam meetings but that's where your world improved on that record by winning five seven six three six four so this is what i do over and probably chants about are now the sole russian ladies with a chance to take the title at flushing meadows. on the chance of his next opponent serena williams is looking in some form though as an event of it she was unable to

stay in the game against the overall favorites losing six three six four that's what a nine year old saw all of the chantal in three sets in their one previous career meeting. over on the men's side now bob jock of h. and a young could have made grand slam history by setting up a clash with each other it's the first time in the open era that serves will face off in the quarterfinals of a major tournaments that jockeys briefly caught off guard in the opening set of his last sixteen encounter against alexander although paul however the world number one regrouped and managed to recover seven six six four six two how it ended up at twenty four year old holds susie a lead over upcoming opponents so it's already there that's ahead. and the other tournaments favored russia federer is also through to the next round after breezing past one monarch all in their overnight encounters but express dominated the argentine six one six two six la. the swiss will now be facing will fred

song god who holds a local favorite mori fish in an epic pipes that it's a make it into the quarterfinals the twenty six year old seizing the initiative early on by sitting through a great meal but took the next two sets before the french mint sealed the decider six. and finally whatever goes up must come down and these guys make a living out of it so the russian parachute masters recently dominated european freefall style and accuracy landing championships in serbia yvonne's of war so he looks at the trials and tribulations faced by those high flying and fast landing competitors. ascending to cruising altitude of one thousand metres is followed by a swift freefall back down with virtually no margin of error to compare is expected to land on a dime with a dead center sweet spot only to say the meters in diameter and while such

consistent precision landings may seem far fetched to the uninitiated here are considered to be the fundamentals of the sport so those who do it every athlete must always learn the basic. there sport before going any further calculating your jump is the most fundamental aspect of parachute sports and safety that's why i believe we youngsters should start with the classic parachuting discipline we've got kids coming in at sixteen years old some of whom go on to become junior world champions by twenty. the individual acrobatics program meanwhile requires one to twist and turn in the air at an alarming rate and simply execute a flashing chris movements is not enough either. the judges getting the opposite of bird's eye view for this event to see if participants can keep a straight of the trajectories possible while they perform the flips and like in every sport be a successful high flying daredevil requires

a specific skill set and personality. undersize being brave i believe anyone participating in the sport must be physically confederates and have coordination wolf it will definitely help for insurance or playing billiards will help one make will precise landing calculations russian women proving to be the bravest in serbia taking the overall honors and dominating fashion the czech schol just a little bit more savvy than the russians in the men's event gold could win gold frenchwoman deborah plate for zero meanwhile set the world record for her lenny persuasion six consecutive landings just one centimeter off putting her exactly where she wanted to be every time a total of seventeen countries taking to the skies for russia's main prey shooting their hopes for more local support in getting high. humans have always had dreams of reaching for the skies and flying we created planes and rockets in the school that we have today is another manifestation of that desire to fly hatefully our

government will notice and help our efforts allowing us to raise our level of performance and while the more grounded sward seem to get more exposure these their devils are hoping this competition continues to takeoff and russia and worldwide uganda gorski r.t. . i'll be back with another update in a couple of hours meanwhile our you tube channel is available at any time look for artsy sports news hope you'll enjoy it season's. in the motion beasts and much brighter if you move on song from funds to nutrition in some. piece for instance on t.v.

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