welcome back here with our team here's a look at the top stories up north brezec cross united states as thousands of angry americans demand of corporate lobbies held accountable for the economic downturn they claim the police are using extremely heavy handed tactics to break up the protests which are being sidelined by mainstream media. clouds of uncertainty hanging over reason as eurozone ministers delay the next release of bailout funds desperately needed to keep the country clear of bankruptcy it comes after athens announced it would not be able to meet its damp reducing targets just by passing

tough stary measures. was from the glitz and glamour of high fashion catwalks to use of child labor human rights groups blow the whistle on his back to stance cotton industry which earns the government fortune. the world has yet to see the worst of its economic troubles according to a senior sociology scholar at u. university a manual wallerstein thanks that the real crash will come within a few years just as capitalism reaches its natural land that's in our interview that's coming up next. ronald ballard thank you very much for being with us today sir and. so exactly

a few years ago you told that he was a real economic crash is still a couple of years down the line is that with us right now. you know it's a year or two still down the line but it's but it's very clearly taught me well what's the biggest trouble at this point the united states i think your opinion just the rest of the world. actually everybody's in trouble but the united states is clearly in trouble the european union is in trouble i think it's in less trouble than the united states but it's in trouble but i eat i think also that the so-called newly emerging countries or the emergence i'm from brazil india china are also in trouble and so i i don't see anybody who isn't in trouble so like you're saying the global financial system clearly broken what is wrong with the modern capitalism that's a very long story but i mean modern capitalism has in my view but that's

a long story to reach the end of its rope and it cannot survive as a system and what we are seeing is the structural crisis of the system so the structural crisis goes on for a long time it really started in my view more or less in the one nine hundred seventy s. that go on for another twenty thirty forty years it's not a crisis of a year or a well obvious short moment it's a major structural unfolding of a system and we're in transition to another system and in fact the real political struggle that's going on in the world though most people refuse to recognize. it is not about capitalism should we have a should we not have a. place for it and i'm not of course you can have two very different kinds of views on what should replace it what's your view well i would like a more relatively democratic more relatively galah tarion world that's one view

we've never had that history of the world. it's possible. view is that you have a very. unequal polarized. exploitive system doesn't have to be capitalism capitalism is that but you can do that many other ways some of which may be far worse than capitalism so that's the way i see because of the political struggle that's technically called apply for a creation. of a system so. also capitalistic cop doesn't system is directly. yes its roots are in many ways the impossibility of continuing the basic principle of capitalism which is. ceaseless accumulation of capital i'm the that's the whole point of capitalism as a system and it's it's worked in some ways marvelously well for five hundred years

it's been a extremely successful system in what it has tried to do but it has undone itself as all systems do but it's a dangerous all this social issue and it's an enormously dangerous what are the pros and cons if you mean is it dangerous to you and to me yes it's extremely dangerous to you and to me. in fact in one of my books i called it hell on earth it's a system in which everything is relatively short term unpredictable and people cannot live with unpredictability in the short run and lives. unpredictability in the long run we cannot trust but if you don't know what's going to happen the next day or the next year then you don't know what to do and you get paralyzed and that's basically what we're seeing in the world economy right now is a paralysis nobody's investing really because they're not sure that three years

from now that if they're money back so when you're not sure three years from now you get your money back you don't invest and if you don't invest that makes the situation even worse but people don't feel they don't have much choice and they're right they don't have too much choice the the options are are are few and i like you said we are in this shape and stock question are pros and cons we have no choice but to be in it but to see a way out well it's not a question of a way out we obviously what happens in the fight for cation at some point the thing tilts and we get into a new relatively stable situation the crisis is over we're in a new system but we don't know which one it will be it's very optimistic in the sense that it matters what you and i do in a way that in the normal workings of a system it doesn't matter in the normal workings of the system right you put

a lot of energy and everything in the end because back where in russia there's something called the russian revolution one thousand nine hundred seventeen there was a revolution it was in enormous social effort right incredible numbers of people put energy into it tried to support it in x. and y. way they did incredible things and in the end eighty years later you see where is russia in relative to where it was in one thousand thirteen in many ways it's back to where it was or not not that far for. where it was same thing could be said of the french revolution enormous social effort and after fifty years of that were they more then a sort of ripple on a continuous line of. change within their country so what does that say that the importance of the personal choice that you're talking about that you and

well that is the situation changes when you get into the structural crisis instead of a lot of effort. making a small amount of change pace great a little effort can make an enormous amount of change because the whole thing is so unstable so volatile that every little effort pushes it in one direction or another so i sometimes say this is the historicism of the old greek philosophical distinction between determinism and free will when the system is relatively stable it's a relatively determined a system in which we have relatively little free trade when it's unstable when it's going to struck oil prices free will comes into the picture that is to say your action and my action really matter in

a way that. they didn't for five hundred years that that's my basic point now that you've always dreamed karl marx as one of your biggest influences do you think still as relevant in twenty first century well. look karl marx was a great great thinker of the nineteenth century he had all of the virtues of his insights and all the limitations of being a man of the nineteenth century one of his great limitations was that he was too much of a classical economist. he was too much of a determinist and he didn't see the fact that systems he did see that systems come to an end but he thought they came to an end as a result of. sort of process of conscious revolution and i'm

suggesting they come to an end because of internal contradictions. and everyone is a prisoner of their target there's no question of that so he's a prisoner of the fact that he was in one thousand nine hundred three think i'm a prisoner of the. free paper twenty first century but i was formed i mean i was born in one nine hundred thirty if seventy years in the twentieth century i feel that i'm a product of the twentieth century and that's probably reveals itself in the limitations of my thought how much. those two centuries different that you translate it i'm trying to. really impact their friends well i think so i think the . real turning point was a. series from one nine hundred seventy. first of all that bores the world revolution of one nine hundred sixty eight a not. a not an important event in fact i

think of three. of the most significant events of the twentieth century more important than the russian revolution more important than the u.s. coming becoming the hadronic power in one thousand nine hundred five where there are about nine hundred sixty eight broke the liberal allusion that was. governing the world system either. in fact the bifurcation we're coming into and we have been living in the wake of nine hundred sixty eight ever since everywhere are you saying where ever since then we've been living. on the brink of sixty eight is that hard thing to deal with the fact that. people often say for the last two decades has become more violent and there is more violence i think what it is. is a sense of discomfort perhaps not measuring the actual reality

of discomfort but there's no question people were relatively calm. in one thousand fifty's or sixty's in a way that they're not on about it today everybody is fearful. in many ways they have right to be fearful but you would think that with all the progress and some knowledge of the fact that we live to think we're more more civilized there will be no more wars what does that say about human nature says about human nature of the. people are ready to be violent and there are many many circumstances i mean i mean. are we more civilized i don't know that we're more civilized. and that's a kind of dubious concept in fact first of all the civilized cause more trouble than the civilized the civilized try to destroy the barbarians and the barbarians which are destroying the civilized the civilized define the barbarians of the

others all the barbarians we are the civilized this is what we're seeing right now trying to teach to burberry and all around the world we've been seeing that for five hundred years. thank you very much for this interview ok. it was created to serve public interests to inform and to entertain. these days there's nothing easier than opening up a new media outlet but there is nothing harder than revoking its license in case of corruption run. ins with. the san antonio ways confront. the problem you can involve in

a community where you have one large corporation controlling the daily newspaper radio stations television stations a cable outlet or you call me the dust sounds like democracy in the public opinion versus f.c.c. broadcast blues on a marching. uproar

spreads across the united states as thousands of angry americans demand the corporate lobbyist held accountable for an economic downturn they claim the police are using extremely heavy handed tactics to break up the protests which are being sidelined by mainstream media. clouds of uncertainty hanging over greece's eurozone ministers the way the next release of bailout funds desperately needed to keep the country clear of bankruptcy it comes after athens announced it would not be able to meet its debt reducing targets despite passing top sturdy measures. plus from the glitz and glamour of high fashion catwalks to abuse of child labor human rights

groups blow the whistle on his back his stance cotton industry which earns the government a fortune. there's more news coming your way in about fifteen minutes before that though andrew will bring us the latest from sports. hello there welcome to the sport and this is what is coming up we're turning home n.b.a. star under the carolina signs a three year contract with bosco sightseers scar. well the on audio voice of china cries in beijing while a first break down the road itself is an early exit. comeback in the rugby world cup to call the world rankings the joneses rushes head. first after a decade of playing in the n.b.a. will return to russia to continue his career the former utah i just signed

a three year contract with tears in moscow kirilenko became a free agent at the end of last season after a ten year stint with the jazz but with the current n.b.a. lockout looking like it could scupper the start of the new american season he's decided to head back to his childhood club however current his new tier scar contract will allow him to return to the n.b.a. if a pay dispute is resolved the army men have won the russian league for the last nine years and for olenka who play for them as a teenager or train with his new teammates on tuesday he's also promised to give all the money here in russia to use children's charity foundation. three bit of an audio but has been leading a russian charge at the china open although she did need three sets to reach the third round as one of the over to the first set six three against polo however to check them on the next exporter level a match for the russian cruised through the decider earlier on groceries and to see a public chunk of the progress until he says peace in the region is martin is

sanchez and later on lanka places u.s. open champion sam stosur for a second time in two weeks after the feeding the strain in tokyo so there was a scare for the women's number one. incarnum was the us in her opening match yesterday the defending champion was up against the n.c.t. check lucy. and the world number forty eight displayed some solid baseline play to seal the first set six three was the ascii though it was back with a vengeance in the second to take that to love but was again made to work in the decider before putting in a game you know i love to read seven far. down the men's draw today mikhail youzhny has beaten world number eleven nicolas almagro that's the pining for meetings the russians got the better of the spaniard the other big name playing today jol free to tsonga he faces bulgaria's up and coming to ensure pretty good comedic role. but it's bye bye andy roddick the american falling at the first hurdle in beijing going at a lesser known kevin anderson of south africa anderson slashed eight basis in some

classy winners to fury eight a short tempered and out of sorts roddick six four seven five was the final score and that was. man i saw a child spotlight be secure i was dinar for one and last night's moscow darby dinara had home advantage and are the western conference leaders and were expected to put up more of a fight but spotlight went for neil up alexander to call for the first period stefan rouged got second man and fellow slovakian marcel costa added a third at the end of the second period well eagleman of got the fourth. before the narmer managed to get a consolation themselves for the strike you really care despite the victory spartak state eighth in the western conference. now in other news though binny face and the russian squad for their two remaining twenty twelve qualifies rubin strike

a lot of me has received his maiden call up to fill the void left by alexander courage because of his ankle the weekend twenty three year old the dude has scored three goals in twenty games since the start of the domestic season by coach dick advocaat has once again overlooked former russia star dimitri kim who started his time at the champions i.x. with a goal after showing that damn hard last season really does russia go to the back here on friday before hosting and or four days later. when while russian rugby players have backed former wales flanker kingsley jones to become their new head coach the team arrived back in moscow yesterday after failing to reach the knockout stages of the world cup in new zealand jones is currently the team's assistant coach and has been tipped to replace nick line us up the helm after he stepped down after their last game in self says his departure was planned before the tournament had started but he and the plays billy jones would be a good replacement. of this group because you made the decision to quit the team

before the tournament so it's not connected with all results of the world cup i've been spearheading the team for three years now and the side needs new ones duration the new challengers probably appointing an experienced pool and it would be the right choice if you could see john stays i think you can head coaches it is easy if he's offered to others if you can you could steal the sheer and give a lot to this team i think he's a piece of software as a professional. i'm sure he's going to be a really good job as well you can continue watching records stored. elsewhere there's still no win for the indianapolis colts in the n.f.l. they have slumped to their third the fate of the season losing twenty four seventeen to the tampa bay buccaneers a culture still missing first choice quarterback peyton manning through injury and with kerry collins also add they gave curtis painter his. first start of the side and we started well enough putting up with pierce gas sound to give the colts

a ten nothing lead early in the second quarter. and our tampa bay tied the game with the field go the pack combined again to give the colts a seventeen ten really in the third. amazing run this way to be end but the game would swing in the end. after this touchdown. preston parker's touchdown from josh freeman's bro level to score once more. and then with three minutes left the bursting run from god it bryant sealed the win for the buccaneers twenty four seventeen the final school. the track to be used for next year's london olympics has been shown off for the first time and has a traditional ready appearance to satisfy broadcasters i.t.v. companies wanted it to compliment the white and black seats in the stadium and the

green grass of the infield among the first to try it out with schoolchildren as well as british athletes and they praised the surface which is similar to the one used at the recent world championships however there are concerns about the tracks long term future west ham united football club looks set to use the stadium after the game to finish prompting fears the track could then be removed for the british government is determined that won't happen. it was a promise leaving a stadium is a promise that we made at the time of the bid a promise made to the world in singapore you know it's not there for us but if you make a promise you should keep them so it is very important for athletics in this country to have a state in this capable of hosting the world that's an example ship and to have back legacy for future generations growing up in and around the state of london is incredibly important to us and that's before you look at the one hundred million middle brings the number of economic well the north caucasus has long established itself as a supplier of russia's world bandolim pick champions particularly in wrestling and

boxing but traditional sports are also held in high regard their. reports from the festival in a sudden mounted. aiming to become a tradition in itself the caucuses games offered quite a selection of traditional sports to cheer on for the second year running hardly any of them stand a chance of global olympic recognition but that was never de gea preserving the ancient culture as well as getting people together is what this competition is all about. this is i'm sure a festival the coaxes games will become recognised among this country's big tournament it's events like these that promote respect and friendship between the peoples of the multi national country which is russia the presidential envoy to the region also said that a limp exporter will feature in the games next year well with or without them there was still open to affection to keep though it is his and to taint the tug of war

clearly the crowd favorite was still tracing obeyed with a hint of cheating of the ever popular beltran sling. which is not dissimilar to the more established greco-roman style the fans and athletes alike and join the pro says. i really love the games the competition here is high and the spirit is great i wish we had more events like this let's go. and it turns out these games are not just for fun or the joy of taking part some plan to use them as a springboard to the start of. the new season is about to start first the championship of the republic and then the national one i want to improve my sporting career. developing new styles is important so probably more essential is the legacy the games will leave behind as in the wake of the festival but it has

been promised to build a complex from the conventional sports in the region so in huge inner. mission can grow up to succeed to two hundred fifty local and flutes are currently buying to compete for russia at the london olympics build ritual for our team. and that's all we've got time for for the moment the weather though coming up next here.

it was created to serve public interests to inform and to entertain. these days there's nothing easier than opening a new media outlet but there is nothing harder than revoking its license in case of corruption. winches from. san antonio in trouble. the problem. you can involve in a community where you have one large corporation controlling the daily newspaper radio stations television stations a cable outlet but you told me that that sounds like some other cities the public opinion versus f.c.c. broadcast blues kumar chief. of mission free created stations three times for charges three coming from and three discrete.