we'll. bring you the latest on the sun system signal and some of. his past now i must say this is all seen as president of in prime minister putin prepared small level switch media and how to read a poll what how to hold the reaction opinions and ranging from cooling need to step in the right direction to a new school testing. the un's raise. with schools save the palestinian statehood place which president mahmoud abbas two hundred in last week but the u.s. and israel are being blamed for the stalling in historic news. and here was

a need to scramble for an address and not to stave off the bureau collapse under a new wave of global recession international monetary fund's accused of treason conscience equally as it describes and will cause behavior of paul doing america's getting. once again with the shaky global economy russia's finance minister outlines all the current you play. the ring any future will still. and always say advanced economies are about to plunge into another recession the debt crisis in europe is threatening to a lot more countries it's not clear how the us is going to pay out their gigantic bed and on the scale but pretty grim picture of what's coming to find out how russia close to deal with these developments in the world economy i'm joined by russia's finance minister i think with a thank you very much for joining me on saving it which i know prime minister well

the reports and said russia has sustained the head of the crisis and 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 russia actually being able to withstand a very severe financial crisis from several years ago we are talking about the stabilization fund that if you develop then 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 do the methods have to change. the new way it is not yet called a crisis there are some manifestations of a crisis or a harbinger or however most economists are trying to think there will not be a new recession but slower 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 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 when the g.d.p. literally fell by five point nine percent. there is a more pessimistic scenario at all but most analysts tend to think i won't be a second wave of some just. 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 all 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 is not going. to go we have elections coming up in a rush wrangle said we're going to stay in the government if we foreigners are carried out what requests were you talking about and what we fourth when we expect

to be able to meet with the kind of the next prime minister. that was good i'd like to say my future is not yet known i said i was ready to work in any capacity of a helps promoting reforms both can be quite different i'm not only on government concerning reforms it's first and foremost about restructuring ranging from the pension system privatization expanding competition in our economy regulating the tariffs and 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 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

and health care and education where higher standards are required and the money spent should be properly commensurate with the quality expected we may not always do this properly with all these concerts no more benefits here better education a medical treatment avoiding better services as a result of such reforms consequently it's necessary that 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 economies face now russia keeps a big part of its our savings pour in bonds but nevertheless russia has reportedly cut in half its investment in the u.s. treasury bonds are there concerns that the west right and nails and it's that there . is some sort of you know we've checked there's information that appeared in the press that's not complete and i pronounce this based 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 our reserves are categories obligations u.s. bonds at the moment are the most secure in the markets and we're not afraid to invest in them. yes their prices may fluctuate what are annoyed big risks in 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 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 it 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 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 do you think of europe will be able to

withstand this severe financial crisis without letting the eurozone collapse and in what way could a pair fall belfour all over europe vector russia. of. european powers have enough resources to save greece and so we are hoping they will show the will to do that and i doubt stock the spread of this contagion nonetheless these risks remain we have to see. course those here at the g. twenty summit another meeting of the i.m.f. board of governors don't 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 cards on their hands that would not be periods as would cause problems within these banks problems

with these kinds of habits and overall problems on these markets because banks are after all the leading players and this in turn may affect both underscored of circumstance and effects on us but i want to stress that we will respond just like during the latest crisis but this time the crisis will have a much smaller of facts. because recently there were heated debates in the media about the possibility that the world's leading the 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 right here already has forty five percent of its reserves in euro denominated assets can it actually afford buying more of europe's debt god's will go to assure us. all reserves are slowly growing we are buying something in addition all the time in this case we're not going to buy bonds a 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 to use for the euro zone and in this case we are not taking the risk on the bar countries because we invest in the euro zone countries as a whole this mechanism will allow us to mobilize all the sources we are ready to participate and it's again it's an argument over investment instruments and it's quite secure we're also ready to provide. additional resources from the i.m.f. and through the i.m.f. open supporting those countries so we can provide resources to not enough real instruments the i.m.f. from the european financial stability facility it's profitable for us it's impressment of our finances. i was listening to robert the excess recently the head of the world bank and he was he was talking about how the war must change especially about the hypocrisy in the attitude that it is the colonies

towards emerging economies and this is how we put it i want to break this figure he said when countries with large scale deficits preach let's call this a plane for the poor countries what are they really saying or what i say now what i do when countries pay homage to free trade and hold back the galloping 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. just the way western countries are vital has become so no data would have huge consumption and little investments and savings have provoked this crisis at this time most western countries are not ready to reduce their consumption and preserve the pre-crisis development passion christers not let them emerge from crisis on their consumption is not substantiated with really konami. this 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 we can't you know predict will be konami point of view if this printing of money and supporting an artificial demand will help 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 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 with gold and currency reserves that lend money based on just power transfer be changed it's this part from that led to the crisis as a matter of fact. while everyone knows that russia's economy is very much dependent on oil prices you said spec it or price this program for sixty dollars

a barrel in three to four years from now will roughly be able to withstand such a barrel in oil prices for mosquitoes. use and what we expect this fall will certainly cause a decrease in our economic growth down to near zero or below zero but in terms of a bunch of policy it 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 judgments. thank you very much we can. thank you. twenty years ago largest country in. the center of.

what had been a canyon that gallagher. where did it take. more news today violence has once again flared up. these are the images the world is seeing on the streets of canada. giant corporations are all dead. very first verses of the bible that all human beings are created but sentimental came in god's image and it doesn't say just jews or god is. fiction seventy percent of what i did as a combat soldier not to buy territories listen to what the turds doing what we call

making our presence so we go out should some bozo hear a knock on some doors for the other quarter into the night out religion and nationalism and 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 out and kill. a thousand four hundred people in a month and you want to expect that this will have no effect at the feet you have to be either extremely for its troops to help you do you need to hear a village a jew calling another joe and not another lady really that amounted to him being. blind in russia would be soon which bryson the few new moon about song from

feinstein christians. means for instance on t.v. . as president made better than prime minister through to her parents' home levels which neither would i want to prove or have an impact on their reaction opinions of them ranging from calling believe a step in the right direction to appendix which stay. here is a need to scramble for knowledge and rescue plans to stave off a year and collapse and a new wave of global recession exhaustive knowledge evolves accuse of not. countries equally is it the squad small called speak here are all doing america's put it. on the u.s. very powerful body for to save the palestinian statehood bid which president mahmoud abbas counted in last week for the u.s. and israel are being blamed for stalling the historically it's. ok to download all

the nation's sports news for us. thank you for joining me for the latest sports update and here are the headlines back in the army the mythical jiro of the star until search and alexander span a good place to test our moscow and my campus the trash at home to mill around. plus a couple has to sky claim the first trophy of the new russian boss people season you can also pick up in the last. million dollar shots american bill haas wins the fed ex cup in atlanta after beating cancer miami dramatic playoff that's the tour championship. but what was that i'm just one going to tell you about in the russian primary guess monday night as big spending and are preparing to entertain to that in a southern russian darby that is don clark who boasts the likes of the better call us and stronger letter in their ranks i'm going to regroup after that one will do

it if you ban it and i could go level on points because lost in the last six last fall to read into this game on the back of a six game winning streak. now the midfield euro zone sausage and alexander sound could be back in the squad for injury hit around moscow as the former you wait for a cup winners when it's a hose into milan in their second group match in the champions league on cheers day into a warm and stomach for that was the slider through it by injury the army men are second in that group after stage in india after braces they came from two goals down to draw two two a little in their original twenty ten winners in some are bringing up the rear following a shock one zero defeat by turkish by clubs and sport at the san siro italian giants have since replaced coach john king at a gas buddy in cloudier on yairi but. doesn't think the change at the helm but again. the next thing we know we don't mean you will make much of a different sort he should be relying on form in the first place or intermediate

change there but the top little queries are still so regardless of them into the game any team in the world will find it challenging to play them. now there are we were cut way also thrashed namibia eighty one points to seven to base their chances of reaching the quarter finals scott williams and his three of wales twelve trials and gave wales monks and points in second full day last quarter final spot in the going the welsh one next page thing i saw they scream at me just south africa maybe i now and then when i see it and go home without winning a single match. well rugby is set to get a massive boost in russia and not just because of the roth cup sevens has now become an olympic sport he said to be played in schools across the nation which on profit caught up with one play over county also to be a success. he may be enjoying five star hotels and first class training facilities

at this world cup however this hasn't always been the case for russia speedy we're . all in crescent our he was a talented wrestler in his youth but eventually decided to switch to rugby in his early teens on the advice of his brother pero he didn't have it easy it is formative years. when i started playing rugby the facilities were non-existent we would train at a local school in the basement of a little however it was a pool of rubbish and we would have to spend hours trying to weed out those who were with and then the coaches arrived and we were allowed to use the beach to train on the walk it was only after they started to improve. bloody beer has already made an impression here in new zealand showing his first ever world cup try against italy while he's free of founders express pace this is obviously a dream come true for the twenty five year old and he says the whole of his hometown is following its every move moses has a little cameras you me everyone watches our games because not only my family but

this all of my hometown everyone calls us to congratulate us even though we're not doing well in all of our matches it's a great achievement to be here for the country for the national team and for the coaches that we all. a strange boy is not a rarity in the russian team and it's seven straight a major part of his developments where you regularly completes the national side are establishing themselves as a major force in the short game being able to compete and beat lots of england and france on a regular basis. sevens really helps your development in the fifteen man game as it teaches you to see the pitch differently you need a completely different set of skills and seven so it comes in handy joe got along the coast it's been a tough year for the idea in their lives across the ask this year's best club rugby leaving behind his wife last year old son gentleman across the dark something a thousand kilometers away. we'll get to see is probably a couple of weeks i was very easy stream be committed to playing in the national

team i'm just really wants to help his country improve in both sevens i'm fifty nine game richard number three to r.t.e. rotorua useem and. now middleweight world boxing champion it's a pillow it has successfully defended his w b o crown office to the nothing nothing at all sound in a tense round as first ever all russian world title but because of the buzz dominated the fight using his height and reach advantage and after being hit by a flurry of punches in the tenth with a sound was pulled from the ring by his trainers to concede a technical knockout but all the thirty one is now and being a nineteen balance on with us down to his last three of his six flights it's turned into pride. in formula one red bull sebastian vettel is on the brink of retaining his wild title after winning an instant packed singapore grand prix well of the race mclaren's nearest hamilton have to recover from a try in penalty case there ok running into ferrari's any paymaster not seven time

world champion michael schumacher measured unsafe after this spectacular crash however that all started on pole and finished first came his ninth victory in fourteen rices and. it's just one point from the remaining five races to see with the title as magically the only man who can be traced jenson button finished second to red bull's mark but. we were a comfortable position for most of the race which is pretty handy around here because it's quite a big challenge to you know put this out there figure that not only qualifying also in the rose bowl as a place was good and i'm very pleased for the championship here looks like we have another chance at the next race. over in the n.f.l. the buffalo bills have pulled off another thrilling comeback to defeat the new england patriots thirty four points to thirty one with just three seconds left on the clock buffalo had come back to be open last weekend and on sunday night they found themselves twenty one in the second quarter gone koski electical quarterback

tom brady but the bills didn't give up and intercepted brady four times crucially here in the fourth quarter mile into the hands of the great in florence he went over to give the bills a thirty one twenty four lead and even though the patriots landed another touchdown half old ways were posing minutes it wasn't over a buffalo field goal one minute out of a dying seconds from a dramatic victory by three points. oh it was a multi-million dollar payday for american golfer bill haas he won the fed ex cup after beating hundreds of men in a playoff at the tour championship in atlanta and walked away with just under eleven one half a billion dollars at the end of the final round haas was tied with fellow american man on eight under par so it went to a playoff rasp wrote his luck and at the second extra hole he found a bunker with his team shot in the water with his second but he managed to kick the

ball from the water to within a couple of feet in an incredible shot that kept him in the match then apostol extra hole may have found the bunker and sent this parts. past the hole and that past needing to sink his victory over eleven million dollars one of the half million for winning weekends toward championship events else i can really enjoy the best footy talk the season extracting. and finally the national basketball championship starting to wakes but i've already wrapped up the first tray free. and of watching glascock up because i think that's up off has. traditionally three european powerhouses come to the russian capital to take part in league on muskeg up alongside the host to scott. is from lithuania and it's not because of greece and turkish syphon you're much too to the core to do

battle for the trophy the red and blue squad out is sixty nine sixty seven wins again just to get us on saturday and faced been a marked change the decider the van gives a while gain correct is ahead of the forthcoming season and the chance to experiment with new players and signing it down again in the opening quarter ended i would have four point lead for say scott in the second the muscovites informed some nice passing moves and proved that they are getting to know each other's game well forty twenty nine at the big intermission the turkish visitors try to stand firm against his guys attack but the army men kept finding their way to the back board and they continued to play more and more confidently showing solid before moans and pumping pressure on the basket the winning team was coolio long before the final buzzer sounded three fifty seven the way to be honest this is only to find the early stages look tournaments where very glad to win as we were competing

against stoplights teams now our there's still lots of work ahead as we make too many unforced errors. each of he gives you just the biggest game. that. maybe. it's getting easier these games. but. the fact is they can. tweak. the tree was teamed with a little sadness for the red and blue as it was also they caijing to beat their well to taste knowledge and gradually leong them and john wanted hold of both just retired told him born in the us to gresham citizenship help in his adopted country to europe enormous four years ago the army man grades and plenty of time signing autographs for the fans and handed out they wanted for the two want to men's best where is at

a post match ceremony i say should be at one of the most valuable player will start of the season just around the corner rounds or if you want to the last this man will be hoping then tito paid for the challenges ahead complain about out of our team.