ok back here with r.t. the guessing game is over president and prime minister of jordan could swap jobs after the twenty twelve presidential election pledging to continue the path of modernization and konami stability if they went. sign the un statehood bid euphoria degenerates into clashes crowds in the west bank find themselves battling heavily armed israeli riot squads. in europe stop anyone from fingers plan for an inevitable greek default that's according to a leaked report that follows sliding markets and spreading fears of a double dip recession. staying on the subject of the economy marty spoke to

russia's finance minister all he could rent who discussed the country's plans for weathering future financial storms. and always say advanced economies are about to plunge into another recession the debt crisis in europe is threatening to involve more countries it's not clear how the u.s. is going to pay out their drag and their analysts give a pretty grim picture of what's coming to find out how russia plans to deal with these developments in the world economy i'm joined by russia's finance minister i think woody thank you very much for joining me and sitting at a beach polo prime minister vladimir putin said russia has sustained the head of the crisis and that in fact the level of unemployment in russia it now is were than it had been before the crisis we know very well that we deserve credit for actually being able to withstand a very severe financial crisis from several years ago we are talking about the

stabilization fund that it will develop there and other measures but here we see a new wave of problems in the world economy probably another global crisis around the corner. cannot russia withstand it using the same methods or the methods have to change. for the new it is not just called a crisis there are some of frustrations of a crisis a harbinger however most economists think there will not be a new recession not seen or rates of development for a lengthy period of several years or perhaps even decades this will certainly have an impact on russia as demand for all goods. at the same time we are expecting higher growth rates in russia as western experts predict too growth rate of about three to four percent is not. a real not expecting a fall in the economy like it was in two thousand and nine hundred u.d.p. literally fell by five point nine percent. there is a more pessimistic scenario most analysts tend to think i won't be

a second wave of such a screen. under these conditions we still have to remain vigilant and must be ready in case of the worst and i. we'll to apply the same methods we still have considerable reserves of those smaller but as a whole and off like we needed last time. if this does not last too long we'll be able to resolve the problem and get out of the crisis should have been longer than necessary we have to adjust our policy so far all is not being barred. we have elections coming up in russia said we're going to stay in the government if we forums are carried out what we're talking about and what we form of plan we expect if maybe whether because the next prime minister. said it was good i'd like to say my future is not yet known i said i was ready to work in any capacity if it helps promoting reforms abbas can be quite different and not only in government concerning reforms it's first and foremost about restructuring ranging from the

pension system privatization expanding competition in our economy regulating the tariffs on liberalization of quite a number of industries where the state still prevails and price regulation. the reform of housing and community services has not yet been completed the sector affects literally every citizen and there is much to be done yet that's also about giving more independent power to the regions the financial sector needs more transparency in stability as well as more monitoring of private deposits. such reforms need to be carried out pension reform as i mentioned is a priority and some cases we spend too much of public money without proper effect in health care and education where higher standards are required and the money spent should be probably commensurate with the quality expected we may not always do this properly all the second such no more benefits be a better education or medical treatment or providing better services as

a result of such reforms consequently it's necessary but the need for such new services does not mean more taxes should be proper a balance. let's talk about the debt crisis that advanced economy space now russia keeps a big part of its savings bonds but nevertheless right here has reportedly cut in half its investment in the u.s. treasury bonds are there are concerns that it's like an elf of pot odds that. you know we've checked this information that appeared in the press must not complete and accurate was placed on the questioning of several market players as of now we are not decreasing our exposure to u.s. security is around forty five percent of all reserves are kept in those obligations u.s. bonds of the norm and other nasr cura on the markets and we're not afraid to invest in the. u.s. their prices may fluctuate but there are normally christian investing in u.s.

debt there are enough of those papers on the markets that have high market liquidity and we are sure of the capability of the us to pay for its obligations in years to come so we're not worried i think if the u.s. government take steps to consolidate its budget and cut spending then its ability would rise and i would have no concerns over the reliability of dollar assets so of course we are waiting on the u.s. government to take such steps so they can raise taxes or cut spending but over the years we would like to see the u.s. deficit shrink over several years because of the debt crisis in europe is threatening italy spain portugal a good thing europe will be able to withstand a severe financial crisis without letting the eurozone collapse and in what way could a careful bell thought of europe back to russia. after years of. european powers have enough resources to save greets and so we are hoping they will shoulder

will to do that and by that stop the spread of this contagion nonetheless these risks remain we've. those here at the g. twenty summit another meeting of the i.m.f. board of governors and have called in european partners to take all necessary measures i think this is just what will happen because they can do it at the same time if the debt crisis does spread it does not affect us too much at least directly because our banks do not hold any of the greek debt the french and german banks on the other hand will suffer greatly because they will have gone on their homes that would not be cleared this will cause problems within these clients problems with these winds credit some overall problems on these markets because banks are after all the leading players on this in turn may affect growth and this could have circumstances effect on us but i would like to stress that we will respond just like during the latest crisis but this time the crisis will have a much smaller a fact. that just recently there were heated debates in the media about the

possibility that the world's leading the merging economies the brics nations that is brazil russia india china is out there prick that could throw a lifeline to europe by possibly buying their debt but russia already has forty five percent of its reserves in euro about related assets can it actually afford buying more of europe's bonds. serves and slowly growing we are buying something in addition all the time but in this case we're not going to buy bonds of risky countries mostly we're going to invest in the bonds of the european union the european financial stability facility therefore all money could come and support to the ground tease for the euro zone and in this case we're not taking the risk on the bar countries because we invest in the euro zone countries as a whole mechanism will allow us to mobilize our results as we are ready to

participate basically it's an enlargement of our investment instruments and it's quite secure we're also ready to provide. additional resources for the i.m.f. and through the i.m.f. help and supporting those countries so we can provide resources through the multinational instruments the i.m.f. from the european financial stability facility it's profitable for us it seems vast amounts of our finances. i was listening to robert alex speech recently the head of the water bank and he was he was talking about how the world must change especially about the hypocrisy in the attitude of it is the hollies towards emerging economies and this is how we put it i want to break this figure is said when countries with large physical deficits preach let's call this a plane for the poor countries what are they really saying here what i say not what i do when countries pay homage to free trade and hold back with elop in countries with barriers what are they really say what i say not what i do they do what i say

not what i do world will fracture to the detriment of the old ways and must change do you think that is the approach that led to the country to the crisis that advanced economies based out that threatens to affect everyone else. the way western countries are vital has become so much treated as a huge consumption on little investments and so even some voters crisis at this point most western countries are not ready to reduce their consumption and preserve the pre-crisis development part of this does not let them emerge from crisis on their consumption is not substantiated with really canonical results because consumption is pulling them into debt so western countries have this issue and they're trying to resolve it by printing money which only delays the solution becomes your political economic point of view if this printing of money and supporting an artificial demand will help pick start the engine of the western

economy so far this is not yet happened after all what the federal reserve system must on now we can see the situation has become worse as those measures have not been. and one can expect the printing of money will resume i repeat this model of economic development is not perfect and it's the emerging markets and china russia and even brazil as well as a number of other countries in the cold and currency reserves that lend money this on just part france will be changed it's this doctrine that led to the crisis as a matter of fact. while everyone else that russia's economy very much depended on oil prices you said speculate or prices will drop to sixty dollars a barrel in three to four years from now to be able call withstand such a down in oil prices it was true. we expected this fall will certainly cause a decrease in our economic growth down to nearly zero or below zero but in terms of

the budget policy would be able to cope with this within a year after which we have to adjust the policy and reduce expenditure as a whole however we are ready to provide stability for a year or two and fulfill all our duties. thank you very much. thank you. this was a city. of about one hundred ninety thousand people and we had eighty thousand people working for general motors. or a job that depended on general motors. general motors is if it's not relations you it might be your neighbor or somebody you knew so it's kind of a family run business you know myself i'm third generation my father was working

there and you have a lot of two three and four generation family there their first let's understand it is this is it doesn't work. and he said. it is gone. into work. i think for a long time this notion in america that bigger is better was simply an undisputed fact in the twenty first century smarter you can do better general motors simply became too large for their own good and so many brands that they couldn't even keep up with they just basically became a dinosaur. is that. close. world heard the weapons grade plutonium is turned into

a vital new recently nuclear waste becomes a few will see the environment and energy among the ends of the earth russian scientists lead the way in making these innovations our reality the original dream from years of nuclear bunker lives the peaceful revolution to college energy technology. we've. covered. twenty years ago this country. to certain places. where did it take. the official publication. called touch from the. video. feeds in the palm of your.

call. the guessing game is over president and we have been prime minister putin could swap jobs after the twenty twelve presidential election pledging to continue the path of modernization and economic stability if they would lead. phoria degenerate into clashes this crowd in the west bank find themselves battling have only are in israeli riot squads. and europe's top financial figures plan for an inevitable greek default that's according to the report the fall sliding markets and spreading fears of a double dip recession. now think it was happening in sports years after.

hello there thanks for watching the sport i will start with a look at the headlines russia suffer another hefty defeat at the rugby world cup is all and more were bad. plus preschool is a neat hit for pastime to stay top of the russian premier league. and battles on pole in singapore as the red bull driver closes in on another world title. now at the rugby world cup as expected russia have been heavily beaten by ireland sixty two points to twelve the final score in rotorua with the arash reclaim top spot in pool seeing three tries in three minutes at the end of the first half so they are usually thirty six in the at the break although in the second half russia restored some pride to tries much here and simply give each and a conversion from what i saw them reduce the deficit to forty three twelve midway through the second period although the irish went on to make it six to twelve their third win in a row and condemning the bears to their third consecutive defeat playing right now

argentina and scotland dimple would be the star's leading six point six three at the start of the second half there i went for scotland would guarantee them a place in the last eight and in the first game of the day samoa beat fiji twenty seven points to seventh to put them in the runners up spot in crete day behind south africa but on saturday new zealand became the first team to qualify for the quarter finals with a convincing thirty seven seventeen when i got france to host going ahead through alan johnston there before corrie going got in the second round in the second after a bursting run third a try from dark put the all blacks ninety three had died right in the second half their domination continued guard got a second and although front responded with a try of their own here the maxi remorse intercepted the ball the all blacks had the last. bill williams going over in the corner to complete the thirty seven seventeen when all the despite the last runs can still reach the last night as the second place to improve if they beat. any other game on saturday england to full

control of green bay scoring ten tries in their sixty seven three thrashing of romania and christian ashton both going over three times to beat each. support ball in the russian primal exactly stay on top of the table this morning after an easy for one you'll freshening of tom with the patrol the stadium to physically in needed only four minutes to open the school for his then eight. and twenty minutes after that one romance shirokov made it so you know getting on the end of any party from persico and then alexander could you call made it three just before half time times defense no it's a b. c. . and in the second half of got another his fifteenth goal of the season. it will tap a good win for the chinese plessy side face pool in the champions league on wednesday but you have

a competent themselves ahead of their champions league showdown with into beating ten men volga three one by scoring nearly on three army men all they did manage to get an equaliser shortly after which the short people off however they were down to ten men might get a gauge here we sent off a second yellow card to scar took advantage alan does it go it here making it she won it for sygate national average she scored from the spot three one the final score ts garg a second in the table. five games are taking place today and the nama could reply in the second spot with a win over second bottom side creates a bit of luck and i see face rubin hoping to stretch their unbeaten run to fourteen games since manager jose keziah took charge in form cabana place about an hour but present are still have hopes of getting into the chopper and fail. spartak moscow and yet again their car welcome rush stop. what i willingly manchester city have called manchester united at the top of the premier league united's perfect start to

the season coming to an end against the yesterday where they drew one one and that meant they stay on top of the table only on goal difference from man city. it's in so you know chelsea are three points behind our reform when i was swanzy torres a hero and a villain for the blues scoring a second goal in as many games and then being sent off for a bad tackle newcastle stay for the win a three one win over blackburn elsewhere liverpool beat wolves two one at anfield spurs were a point behind after beating wigan and arsenal are out of the relegation zone with that three nil win against bolton by west brom on full on finish finish finished and told us there are phones but it is still manchester that rules sort of the league and city boss man cheney is praising his plan. today was difficult because the corner would play very well. they were from different for all their games and beyond the ball was not easy for us to find a good solution to find this be. his game. through.

for ninety minutes. in the end. presumably yours and on sunday queens park rangers will look to build on their recent good form against aston villa since the signing of a raft of new plays they've drawn at newcastle and a three nil win away it was the other week. in the season that have drawn four and only one once. brings to boxing where the middleweight title will be at stake this sunday night in the sudden russian city of krasnodar and whoever wins it will be a russian boxer who will hold the champion's belt in the end for the banyan as more . the move premiss russia. in professional boxing but currently none more successful in the country soul world title holder w v old

middleweight can't be treated rock the thirty one year old has never tasted defeat in eighteen professional belts fourteen of those coming by way of knockout view observers in doubt that the lady is one of the most dangerous punters in his class . enjoy life here you know placed in another unbeaten fire the much heralded daniel jacobs but their american was how mold with a fifth round stuff which that win propelling puro meaning why an english into the sports elite of a sunday in the southern russian city of course now that they can vent some soil it started to push the limits once more your updating on complex where it had dangerous to russia in a certain moment for our country as the first time ever to russians will face each other in a world title bout i'm sure both for us will do our best to produce high quality

boxing so may the stronger man win you can't afford to miss this one it's going to be a war. the flyers may have been born in the same year but it's martirosyan who's witnessed more ups and downs in the time this imperious world based slugger knows what it's like to suffer defeat and learn from the pain he sprawl record includes two disappointing losses in twenty four fights where he's won five in a row to make it into the title bout against iraq mutiny miters a true sportsman and a very good boxer his stall he's got vast experience in amateur boxing and is very skillful business week points to and i will expose them in the ring which you know he has got very fast hands and i like his footwork a lot he's also a tough guy perfect. coal plants hughes good reflexes so his defensive skills are pretty good not perfect but still good eighteen pugilists have already be deployed

to harden up to press you know i did my first son now is just to rise above those might have been if you can attain a slice of this particular by the transformation from them into the beast will be completed the bunny on party in an informal one sebastian vettel has taken another step towards defending his world championship title after claiming pole position for the singapore grand prix this is the eleventh time this season he'll start at the front of the grid and if he wins another results go his way he will be crowned world champion again red bull teammate mark webber star second while jenson button and it was hamilton make up a normal car and second row that admitting things could not have gone better so. all in all a perfect session and i'm very happy especially around here. on track picture i mean it's very difficult so many corners such a long up to get everything together. but i think we learned especially from you know the mistakes we've done last year in qualifying and kept the head cool and

yeah. you know we have both cars in the front row so let's see tomorrow it's a very very long race and a golf store championship is aaron baddeley and hunter mahan and share the lead with the round left to play while world number one luke donald is three shots back but could still top the fed ex rankings to claim a ten million dollars bonus badly having the rub of the green early on i am with inch perfect the ball landing straight into the top twenty goal he went on to sink four birdies on the back nine to carve a six under sixty four thank you as the straining to share all believe with man and he almost had any government self here on the eighth hole a pair of chief shots clear jason day and k.j. choi. it's the pain unlucky while world number one luke donald in the red top three shots back if he wins in atlanta he would also finish top of the fed-ex

rankings and that would earn him a ten million dollars bonus. so that brings us to end of the sport for the moment so i'm back into.

very first verses of the bible to all human beings are created by saddam it all came in god's image and it doesn't say just jews or god who's. sixty to seventy percent of what i did as a combat soldier in the occupied territories was to do with deterrents doing what we call making our presence so we go out trance and those who hear a knock on some doors from the other corner and they don't know the house or religion and nationalism not just judaism have been

a part of the problem they've been part of what leads to. bloodshed if you want to bomb guys and kill a thousand four hundred people in a month and you want to expect that this will have no effect until a few you have to be either extremely naive or extremely stupid ok not to be here and still religious jew calling another joe i'm not not in the way they really let him down the. wealthy british style sign. sometimes the. market finance scandal. find out what's really happening to the global economy list might structure for a no holds barred look at the.