ten thirty am in moscow these are your r.v. headlights from when come back the world reacts to news outside of your putin is running for the russian presidency again next year with a mission medvedev now planning to replace him as head of government some are skeptical about the move those attending continues enjoying strong approval ratings among the russian people. a clampdown on freedom of expression in the u.k. as a historic precedent is set over a ban on marching in parts of london police say it was necessary to prevent violence and disorder planned by far right groups. european leaders preparing a rescue plan is the battle to stave off a double dip recession and

a prospect of greek default while the i.m.f. warns it may not be able to help the weaker economies but the fund is accused of being too tough on some countries while taking a soft stance on others including the u.s. where the crisis started in two thousand and eight. staying with the global economy subject arche spoke with russia's finance minister alexei kudrin who outlines the country's plans for weathering the future financial storms he interview coming up. and always say it best the commies are about to plunge into another recession the debt crisis in europe is threatening more countries it's not clear how the u.s. is going to pay off their dragon king debt 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. thank you very much for joining me out of sitting at a beach alone prime minister vladimir putin said russia has sustained the head of

the crisis and that in fact the level of unemployment in russia now is the word and it had been before the crisis we know very well that we deserve credit for actually being able to withstand that period severe financial crisis from several years ago we're talking about the stabilization fund that he developed in other measures but here we see a new wave of problems in the war the economy probably another global crisis around the corner cannot russia withstand it using the same methods or the methods have to change nor. should the new waves not yet called a crisis there are some manifestations of a crisis a harbinger however most economists are inclined to think there will not be a new recession but still rates of development for a lengthy period of several years or perhaps even decades this will certainly have an impact on russia's demand for all goods. at the same time we are expecting higher growth rates in russia as western experts to growth rate of about three to

four percent is not. a real not expected to fall in the economy like it was in two thousand and nine hundred g.d.p. literally fell by five point nine percent. there is a more pessimistic scenario most analysts tend to think there won't be a second wave of some just. under these conditions we still have to remain vigilant and must be ready and of the worst and i. you know to apply the same methods we still have considerable reserves although smaller but as a whole and not like we needed last time. and 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 has not been about. it we have elections coming up in russia and with said we're going to stay in the government if we forums are carried out what with right where you're talking about and what we for and when we expect it with. the next prime minister.

that was going to like to say my future is not yet known i said i was ready to work in any capacity of helps promote in reforms can be quite different are not only and 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 on price regulation. the reform of housing and communal services has not yet been completed it's a sector affects literally every citizen and then has much to be done yet it'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 in 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 properly commensurate with the policy expected we may not always do this properly with all these sectors to show more benefits be a better education a medical treatment 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 and should be proper a balance. let's talk about the debt crisis that advanced economy space now russia keeps a big part of it our savings in foreign bonds but nevertheless russia has we're probably cut in half its investment in the us treasury bonds are there concerns that the u.s. might and else have got on its debt that. you know we've checked this information that appeared in the press and that's not complete and accurate restraints 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 you are spawns at the moment other non-secure in the markets and we're not afraid to invest in them and yes their prices may fluctuate but there are no big risks and investing in u.s. debt there are enough of those papers on the markets they have high market liquidity and we are sure of the capability of the u.s. 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 stability would rise and we 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 could raise taxes or cut spending but over the years we would like to see the u.s. deficit shrink over several years. with the debt crisis over is threatening italy spain portugal a good thing for europe will be able to withstand this severe financial crisis

without letting the eurozone collapse and in what way could a careful dow fall of the euro factor russia. years of. european powers have enough resources to save great so we are hoping they will show the will to do that and i doubt stop the spread of this contagion and the last these risks remain we've just. cause there is 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 do spread it does not affect us too much at least directly because our banks do not hold any of the precarious french and german banks on the other hand will suffer greatly because they will have gone on their homes will be cleared this will cause problems with him these banks problems with these bonds presents an overall problems on these markets because banks are after all the

leading players on this in turn may affect growth and this could have circumstantial effects 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 effect of. this recently there were heated debates in the media about the possibility that the world's leading emerging economies the brics nations that is brazil russia india china and south africa could throw a lifeline to europe by possibly buying their debt lots russia already has forty five percent of its reserves in euro denominated assets and it actually afford buying more of europe's debt bonds. serves are slowly growing or buying something in addition all the time but in this case we're not going to buy bonds of risky countries mostly we are going to invest in the bonds of the european union the european financial stability facility therefore

all money can come and support to the grantees for the euro zone and in this case we are not taking the risk on the guard countries because we invest in the euro zone countries as a whole mechanism will allow us to mobilize our resources 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. open supporting those countries so we can provide resources through the multilateral instruments and i am asked for the european financial stability facility it's profitable for us soon vast amount of our finances. i was listening to robert velux speech recently the head of the bank and he was he was talking about how the world lost change especially about the park received in the attitude that it is economies towards emerging economies and this is how it put it

i want to break this to you he said when countries with large let's call deficits preach let's call this a plane for the poor countries what are they really saying to what i say now what i do countries pay homage to free trade and hold back about working 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 lead to the country to the crises that advanced economies based out that threatens to affect everyone else. through western countries are vital has become somewhat outdated as huge consumption and little investments and savings have provoked this crisis at this point most western countries are not ready to reduce their consumption and preserve the pre-crisis development part from this does not let them emerge from crisis and their consumption is not substantiated with really economic results this consumption is

calling them into debt so western countries have this issue and they're trying to resolve it by printing money which only delays the solution can't you predict will be economic point of view if this printing of money and supporting of artificial demand kick 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 because those measures have not been. and one can expect the printing of money resume i repeat as the 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 with gold and currency reserves that lend money this on just part from should be changed it's this pattern that led to the crisis as a matter of fact. well everyone knows that russia's economy is very much dependent on oil prices and you said good prices will grow up to sixty dollars a barrel in trade for four years from now will russia be able to withstand such

a doubt well prices it was true. we expected this fall will certainly cause a decrease in our economic growth down to nearly zero or below zero a long term of a bunch of policies 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 our duties. thank you very much kyra. thank you. cultures that so much i'm afraid we're going to be made into a lot of people a very unfair look at is it time to rethink capitalism as we know it today should the world still rely on markets to generate wealth when the rich only get richer

and then. download the official and see how to make a show on the phone oh i pod touch from the i choose ops to. watch on sheesh life on the go. see video on demand ati's mindful of costs and our s.s. feeds now in the palm of your. question on the call wealthy british scientists on. such. a market finance scandal. find out what's really happening to the global economy with much cause or run no holds barred look at the global financial headlines tune

into cons a report on r.t. . for. a chance to be soon which bryson if you knew about someone from feinstein christians. who threw stones on t.v. don't come.

it's. kremlin come back the world reacts to news that brought him here putin is running for the russian presidency again next year with me three medvedev now pledging to a place him as head of government while some are skeptical about the move to ten and continues enjoying strong approval ratings among the russian people. european leaders preparing a rescue plan as they battle to stave off a double dip recession in the prospect of greek default while the i.m.f. warns it may not be able to help out bigger economies the fund is accused of being too tough on some countries while taking a soft stance on others like the u.s. but the crisis began in two thousand and eight. a clamp down of freedom in extra expression in the u.k. as a historic precedent is set over a ban on marching in parts of london police say it was necessary to prevent

violence and disorder planned by far right groups. sports next with andrew farmer stay with us here on r.t. . thanks for watching and this is what is coming up on the rise sport that most go win for two across nadar to go forth in the russian prime elite while the now most i missed the chance to get a second. sebastian vettel wins the crash laden singapore graham praising me to the brink of retaining his world championship title. and cashing in how this one dish gave gold for bill haas a multi-million dollar payday in atlanta. but first the football and spot moscow are up to the russian premier league title after an impressive four two away when i present a summer signing emmanuel and many cape opening for the visitors stayed in nigeria

striker not making up his present goalkeeper you can go to adult. discourse go use money gang interest biden is right or alternately zuba still believe for the former russia under twenty one for dispersed the great band of the scrappy foreigner however it's hindsight only minutes applied go back you can we should see i was deaf blaring the marc lamont hill yesterday. but still in the first half column and feeling them dizzy the stupid red white to go advantage calling many of us so we want to box the piece in completed his price that the president of the brass in time i left for to soon after the restart. will die that right if you see. me. depends on the right three the second half full to the last guy side he's always been. elsewhere alison the floor i got the win if

a damn good band they've been spotted announcing one nil for their sixth win in seven games but now kick six their fourth consecutive think this through. eleven goal of the season. elsewhere and rushed off one bottom half clash the visitors had romagna million off sent after the teenage midfielder picked up a second yellow card for handball captain roman out of off and me to get across to what proved to be the winner. below ten mounted on the moscow failed to reclaim second spot after losing one nil in a rain drench match it's struggling clueless to get off signaling behind side after eleven minutes there before bloody me again i did say great first fred for you know i. turned in an entertaining game rocco my take will help one hundred rupees punish me also it is

a powerful lot that i had with this first golden russian top flight but loving me a new level midway through the second half i looked up and i've seen games unbeaten since manage to get a casea. to look at the table and eat on top but today he iscar up a second after that when i was told on saturday. angie play terry on monday night. and the other end class nadar still only seven points away from getting into the top eight the top eight teams will compete for the league title in european places if we end the regular season elsewhere spot and remain off they've lost the last four games without scoring adult. and over in england richard dunn's injury time on goal gave queens park rangers like one one draw at home to aston villa very bannon had put the visitors ahead from the penalty spot after fifty eight minutes and tonight know it will play sometimes in the only game of monday at. the rugby

world cup wells are looking to take maximum points against maybe to keep up their hopes of breaching the quarter finals to south africa but they are at the top of pool table as between wales and samoa. the last quarter final place in the afternoon the up with a few minutes gone and that game against namibia there flyhalf stephen jones setting a new appearance record for wales today with this hundred and the. russian have been taking the positives out of their consecutive defeat at the tournament the latest a sixty two points to twelve thrashing by ireland but the players are downbeat it is their first world cup and they say they are learning all the time from new zealand it's reach a bump or flicked. rush over on the end of a rugby lesson from ireland and after that when it's enough to prevail the are issued to the top of the polls seem well russia they were their own worst enemies at times as they allowed the irish to run in some very simple tries especially in a five minute period just before half time break we just like experience of victorian slick these you just get tired at some point and lose your focus which

results in mistakes it's assumed cause it's obvious much harder in the third quickest sellouts of rugby world cup i mean international stadium in the local rule was a sea of green with around half the crowd supporting the arash weiland were on top going into the half time break but russia showed great enterprise of the ball in hand which has won them a lot of friends here in new zealand and they would run in a couple of second half tries which were very well work to prove our team of andy's simple clear which is scored on his they give our attacking strategy and the combinations we've been practicing for the game everything worked for two tries we scored prove that the team did their best as the substitutions came off including myself we managed to show that we can keep up with the peace but russia were undoubtedly outclassed by a very good irish side but there are a number of positives but they can take out of the game most notably in the scrum of this was an area where they were found one seen against italy but fast forward five days and they more than held their own it's

a very very strong irish bank. the way we've played really surprised me he did pushes back in some of the scrums we were also held her ground at times and it yielded results including one try us crumbs we'll call united we held firm as one man of us is still a massive learning curve for the russians but remember this is the bear's first ever world cup but they played some fantastic rugby with the ball in hand the reward of justifying their place with the best from around the globe i hope we're proving our class with each game we play itself first world cup after all and more experienced teams have lost by similar score to the one we did today. when you to the game but already shows some promise players will have a very well deserved break on monday and off about it will be back to training which is great prepare for a very final much of a tournament against australia. the router or new zealand boxing now i am going away world champion dmitri peddled has successfully defended his crown stopping

fellow russian cannot be much here to see an in the tenth round apparel dominated bat using his height and reach advantage and after being hit by a flurry of punches in the tent and was pulled from the fight by his trainer to concede a technical knockout thirty one is now unbeaten in nineteen banks along with that he has lost three of the six bytes since turning right. in formula one red bull sebastian vettel is on the brink of retaining his world title after winning an incident packed singapore grand prix and mclaren's lewis hamilton had to recover from a drive through penalty and he's fit britain was punished for running into ferrari's sleeper massy since lain down with him to relieve his race and seven time world champion michael schumacher emerged unscathed after a spectacular crash there are all battles night victory in fourteen races means he needs just one point in the remaining five races to seal the title mathematically the only man who can beat him against him but he finished second ahead of red

bull's mark webber right now no longer was all that although it's now a hundred and twenty four points ahead of boston with any one hundred twenty five still available this season he finished first or second. in his native germany where he was thought. we were comfortable position for most of the race which is pretty handy around here because it's quite a big challenge to you know put the cyclists together not only qualifying also in the race so as i said the place was good and i'm very pleased and for the championship yeah looks like we have another chance next race. i really n.f.l. the buffalo bills pulled off another stunning comeback to defeat the new england patriots thirty four points the thirty one buffalo had come back to be don't win last weekend and on sunday night found themselves twenty one nailed down in the second quarter rob gronkowski their connection with quarterback tom brady but the bills didn't give up brady was intercepted full time specially here in the fall

when the ball falls into the hands of population great florence he goes over to get the bills thirty one twenty four late and even though the patriots got another touchdown from walking by using minutes it was. because the buffalo field goal for ryan lyndall just bring seconds that sealed the thirty people points to one with. plenty of other games going on and a quick look at the results and wins there for tampa bay seattle green bay and san diego baltimore thrashes latest thirty seven seven also with picture it on sunday night with san francisco oakland and detroit with fifteen games in title tennessee carolina and the new york giants of enjoying picture east cleveland just squeeze down miami by a single point beast and loss to new orleans forty the race. has been a multi-million dollar payday for american golfer bill hass he won the fedex title after beating hunter mahan in a playoff at the top championship in atlanta and walked away with just under eleven

and a half million dollars hearts was tied with the feller american man at the end of the final round so it went to apply all right it's like chipping out his ball from the water to within a couple of feet of the pain an incredible shot that kept him in a match which went to an extra hole. and that nine found the bunker and then sent this just past. left half needing to sink his victory a part that was worth just over eleven million dollars. one and a half million for winning the weekend's top championship event but also a ten million dollars place because it put him on top of the fed ex rankings. this season. women golfers are again the sole and so high in cup beating united states fifteen changing decided on the dramatic final day singles

matches what happened head will never again the decisive off point against lying to this approach doing the job. that effectively secured picture with north already guaranteed a hard against angela stanford said the celebration started europe winning the trophy for the first time in a. while don't tell them that so all sport for the moment whether it's. really you believe this is science technology from the ground. we've got the future covered.