i've got to go to college thank you very much for being with us today so the global economy is in a pretty bad shape and especially the eurozone regardless the last e.u. summit is going to influence the g twenty summit twenty summit will focus on the state of the global economy clearly. issues related to the possibility here or for supporting sustainable or growth will be in the center of the discussion between the first day of the sun and. more technical nature a real way from the passions that you can ask for example last year's twenty summit was worth something that one billion dollars. people don't really think that anything comes out of this and especially when it comes to plausible solutions to

the real problems world is facing. for example last summit suggested that world needs more financial regulation and that countries with big budget deficits should cut those deficits and the countries with large surpluses in external trade should encourage internal consumption of any of this been implemented. conductor sun it's so it's cheaper and cheaper from time to time and my new being spent in a more efficient way than before second are that important to understand the while during this time it's more specific decisions are being made. because initial four policies conducted by the national governments are important result this kind before that i. could face much. more difficult consequences so the financial turmoil of the happened in two thousand. thank you but what are

you guys deciding on this summits and g. twenty that you can't decide of the phone when leaders look to the ice or for each other final outcome is much more efficient being informed conversations are too formal for those kinds of decisions especially given the differences. in the traditions and the use of the various nations let's take united states and china phone conversations might help bring it talk to each other directly to reach some kind of compromise or bush like in your opinion what would you say so far has been the biggest achievement concrete achievement of g. twenty in europe are i would say that. trying to play a. role for the decision. making process at a scam or some new europe now that you're mistaken one could argue with it could be

or a bad decision will be sufficient not to dissolve the crisis in europe but to resolve to turn to pressure would be nice but we're still like left with faced with fundamental problems in global economy with the u.s. debt the eurozone crisis or the euro crisis we still have the lack of global financial oversight what do this factor leave us with i mean are we headed for a recession or a second round of recession there is commitment from all different countries to cut budget deficits where budget deficits are high and expect to all countries to follow suit the internet or the committee so. to do in this will help to achieve the degree of fiscal consolidation needed to call the markets and. start so the new cycle of growth a second chris clear understanding of the. and for financial oversight is needed

some progress in creation of new banking scandals our position is that the pace of the force is sufficient we should not go too fast since produce tougher gritty standards for financial institutions now this will have a negative impact on growth so i see or have good chances to prevent another recession where does russia stand in all of this chaos russia is interested in global stability and this is why the russian president. is going to sense he makes his contribution here stance we're just trying to position russia. for him called the commitments we made before budget based. that is still more there so one of the lowest levels of the caller from recession into sales and

. then and four percent growth. according to all international benchmarks we are in a good position but what i'm interested in is. the really bad shape of the united states economy the really bad shape of the european crisis is it going to affect us . global on term societal effect russia it's clear the question is whether the tourists will be war more there and second with russia is prepared to face the challenges if you do have a resource you do have a strong storm lasted less markets we do believe that you want to face the same kind of crisis if you're into solving things but do you agree for instance with president obama when he calls for the whole world to stand united by the u.s. economy it's a bit of a selfish call it is a selfish call. clear domestic political considerations same time

use of congress to the biggest economy and. narrative he went on i fear it's to affect the global economy from. the negative way but i would. reassert by things that we should all support the trouble. with time a curious should do its own work as well to reduce budget deficit and debt also at the open reffed between sarkozy and cameron it confirms one more time how divided the european nations really are are the decisions that are taken at that have been taken at the e.u. summit enough to prevent this spread of the euro zone crisis let's hope that the european decisions are sufficient to prevent the spread of the crisis. amounts of money you know tarp quite big. but. the effect is conditional on what national ground. the second step of

a big government italy spain portable parliament or some other countries with qantas need to continue to undertake with mirrors the stipulation public finances into banks as well but you feel like that the time has come where when the pressure is actually in the position to advise its former mentors to be real that you have. a sufficiently good results to. advice if the advice is requested and also to contribute to the stability. or financial resources we. need in the european package why the international mind that formed this white because most of mine could be used in different way otherwise are we ready to lend financial support to the european union like china

for instance we were not requested to provide direct financial support we would do it but we will participate where the international monetary fund if we are requested to provide direct financial support we'll consider this and we'll consider the most efficient ways to do so what about the bric countries a lot of people look up to them as like the last couple hope what should they do to maintain global financial stability all bric countries. we're trying to provide for highest growth rates possible consequence to us in achieving quite a growth rates the key word is the global financial stability with chinese doing what presumably russia. thinks are really important for global economy right now and for the share of brics countries is quite big in the global g.d.p.

. a new direction for growth become for school due to the higher risks in the global economy occupy wall street i know that you guys are used to having protests wherever you go whether it's people who are against globalization or environmentalists the occupy wall street have promised this time to two states protesting can do you think maybe after all these people have a point i mean introducing one person tax or financial transactions and currency trade that's actually enough money to finance most social and environmental that it is in the world i think that people who. go to the streets to send a signal to the governments have a point and. the point is that all things that the government should be doing should be related to the people's needs. one example in russia is the creation of international financial center in moscow some people believe that the

just toys that your brain creates and. it is you know for brinks and the other financial institutions to florida but did not if you. built our financial center in such a way then people real. go into occupy. financial center rise and wall street should be our financial center in such a way that to help people to get. good services. cheaper services. to her for a more convenient life in general. as far as of our attacks and financial transactions concerned i think current countries can decide on their own with introduce such talks or or not we believe that russia would prefer are enough enough to access all kinds of texas and those stocks are sufficient to finance the are all social

programs if collected properly and used properly so we don't need to know other tax . in russia we believe that the stocks will hurt the economy but in some other countries so we can believe that this kind of trust my beautiful why not i think about russia's g twenty shared by an aide to the russian president thank you very much thank you. culture is that so much given to each musician has the power to find the market as tunisia goes so does the rest of the arab world tunisia successfully holds the first election of the arab spring with an islamic party.

a very warm welcome to you this is your news today protesters on the holds true today at. least intensified your chance to choose instead to get a book or examine the status of the human experiment is it succeeding or with the we pursue a program business rap music or was it just goes to the movies allegedly trying to make sense of global economy and its arcane joins us financial temple each of the research gambling to maintain our confidence in markets and taking on the primitive wants to be seen trade imbalances recession look to the nations close to collapsing of subprime loan foreclosed homes people. to bail super late banks again feel level i think is a us crash and imminent smash the ceiling team coming in to supply quite a few classes in athens three for the i.m.f. imports strikes me on just programs increase the total economy.

would be soo much brighter if you knew about song from feinstein pression some. news from the start on t.v. dot com. wealthy british style. it's time to. find out what's really happening to the global economy. thousands of europeans occupy the french riviera where the g. twenty summits due to kick off thursday crowds angry with the current dire economic

situation demand world leaders focus on helping people often corporations. meanwhile new leaders left stunned by the greek cabinet decision to hold a referendum on the latest bailout deal the move led to world markets plunge and predictions voters will reject the rescue package sparking the euro zone's possible downfall. moment of truth for the world's most famous whistleblower julian assange awaits the high court decision on his extradition to sweden over controversial sexual misconduct charges. project faces financial difficulties that could see the website shut down. now with all the latest sports news and russian football clubs holding their own in europe at the moment and surprise a few people but there was a good win for the neat last night in the champions league. are not she in the sea evening and are hoping to do the double over to the side top in spool so there's plenty of optimism in both camps. more details just after this.

welcome to this pool where that has been a busy ninety of european hopefuls coming up any eggs towards a long time stages of the champions league the one there when ukraine. plus guilty three pakistan cricket is facing possible jail sentences match fixing. and. tennis stars talk up their chances of beating russia in this weekend's cup final. stop with the champions league have boosted their chances of qualifying for the knockout stages and are one nil victory against shakhtar donetsk last night keeps them in second place in greek j belgian defender nicholas beds with the only goal right on half time it is any second when a big campaign and a point behind surprised leaders are poor and they could see. two one. well

barcelona are three to the knockout stages with a forty or thrashing of ten man victoria pills and little messy scoring a hat trick and becoming only the second play to scored six hundred goals for it was also a coach pep guardiola his two hundredth game in charge the result also secures a single ounce progression from the great despite them only drawing one one apart a bowler cell while guardiola says there's still work to be done before the knockout stages begin. the condensor we are going to keep it was a good match and if we win milan will be first in the group i am satisfied listened to you well in the first ten minutes they did plea excellence and were dangerous i have to congratulate missy for his record we are satisfied with the result of the much other big marches of leaders in february but in the champions league we are with no problems. elsewhere chelsea were held to a one one draw by belgium side gangs were made to put the blues ahead and david louise missed a penalty before the home side equalized. despite the result chelsea to stay on top

of the group two points ahead of by a late because in the last three one to valencia to keep alive their hopes of qualifying for the next stage. to be constant and to dominate the game the whole ninety minutes is not an easy task least of all because these champions league teams amidst the difficulties might even shown many positive signs and if you take into account the final result. because we now have the goal average in our favor. and still everything to play for including path film and have moved off the bottom after one now when i have a greek side of the. state's top up point ahead of ma say after being held for the coldest pro by the franc staying at the emirates. i feel that it was a game where we still physically. not sharpest tonight.

masi struck it strong given our send off to be back in the game i still feel in the first off we had to choose to keep the game and. often. we. use a service that would little more determination we had a lot of strokes to go on for our for your instrument. it's a good point. we could have time to be responsible. it's been well. for a crucial game in turkey deceiving me army men take on clubs and sport with a big three nail in moscow last month both sides are on four points in group b. in the champions league two points behind into milan so look where it is really tight with only the top team making it to the knockout stages lead is entertain live at the san siro this evening italians have been in woeful form in their domestic league with five defeats and nine games but will look to get their second

win in two weeks over the french after a one nil victory last time and. i'll swear the city boss roberto mancini has offered exiled striker carlos tevez a way back into the side as head of city's champions league clash with villareal mancini said tevez just needed to apologize to him and the place for recent events in munich the strike it was alleged had refused to come on and play against by and in september as hasn't played since the city were third in group three points behind by one behind napoli said. everyone made mistakes as important to say apologize in every situation and this is the crucial wars is easy was elsewhere real madrid are the only team in the competition who are unbeaten at the moment they get to concede a goal to win group day and that win against leon in france this evening would see them through to the next round chasing merinos men fancying their chances having

beaten the on four nil in about a fortnight ago. in other news three top pakistani cricket is facing possible jail sentences after being convicted of match fixing mohammad a safe scene here and former captain salman but were found guilty of that crown court in london yesterday another bowler mohammad amir admitted the charges before the trial began all three plotted to deliberately bowl no balls at certain times during a test match against england at lord's last summer they will be sentenced by a judge today and tomorrow and could face seven years in prison and the so-called spot fixing scam was exposed by british tabloid newspaper and the international cricket council says it hopes the verdicts will deter others from corruption. of course we know that the job's is yet to determine the approval of the symptoms. of that he was so i do not comment further in that regard but i do hope that this. is

seen as a the warning it is individual who might be able to use that. to engage in good objectivity within old sport. that switch to tennis in this weekend's fed cup final between russia and the czech republic the czechs are led by wimbledon champion patrick of who's also just won the w t a championship but despite that they still consider themselves the underdogs for the time moscow where russia haven't lost is rich poor fleet talk with the czechs double star could better pay. it's definitely cheap money i think all the players which are nominated very happy that they will play here will try their best to maybe make it impossible possible i mean we have a great player we have really good singles players and i mean also our strong as well and so we're looking forward to it so we want all push to make

everything in the world would we can to get to stifle i mean that will be fantastic for everybody for the commentary as. well looking forward to it how much better but i'm in the czech republic about perfect cup talk oh i can i can imagine is going it's crazy for sure but i can really tell because i was in there full time now but there's what i can read and to papers i mean everybody is excited and preparing everything for the trip here and i hope we all get prepared we will have a good week for sure. to treatable. but you think you'll be going into. two thousand and three i do think so we are the underdogs but i said that we have a strong team so. we bring with us and hopefully we have

a nice game. because obviously a lot of times in the team but its main strength you think is a will to never give up i mean what his biggest strength and if you. know i think the team you know the spirit of the team it's it's really nice is a boss years. we had really great relations and. yeah i mean. if we play and the team i mean that's all what it. really supporting each other pretty well and. that everybody's making. point. should be a great time now it's not certain that russia's first ever formula one man batali petrol will be with lotus runner next season the driver is set to be replaced. for the yearly circuit sessions at this season's final race in brazil g.p. to be champion grow jan will also get to ride instead of petrol stablemate senna the penultimate darby event the team has struggled this year with petrol place

finish on the race in melbourne far and away their best result twenty seven year old petrol finished eleventh at the recent indian grand prix his performance was even criticised by his own team for being quote by it. and finally graham henry has stood down as the head coach of the new zealand rugby team the sixty five year old manager leaving on a high night after sealing his country's second well cup triumph last month against france he had managed the all blacks to seven seasons but says it is time to get i'm stepping down from coach. have had enough i've been involved in rather than three test matches we will be extra hundred forty in total it's been a privilege to be involved with the all blacks. a real privilege the enormous privilege i have very proud of what i have done i will take. the stick to the legacy of rugby. and that's very important to the city.

so that all the sport for the moment got the weather coming up next here an arctic . soon which brightened a few new bonds soon from feinstein christians. who

for instance on t.v. dot com. in india auntie's available in the grand central shirts in mumbai the taj mahal. polish president combining visual fame with prison walls mounted beatriz a book clothes a go to go on taj mahal hotel to riches be a show some rent a hotel soto close up in the radio to leave them to judge the hotel's church in new delhi who took the baby her tones during collection among the plaza de maidens hotel the leela pagosa movie done medicine shift it was promised but they protest promised.

thousands of europeans occupy the french riviera ahead of the g twenty summit demanding world leaders focus on people rather than corporations in the current

dire economic situation. while the e.u. leaders left stunned by the greek cabinets decision to hold a referendum on the latest bailout deal with some predicting the voters may reject the rescue package and spark the euro zone's downfall. a moment of truth for the world's most famous whistleblower wiki leaks founder julian assange job waits the high court decision on his extradition to sweden over the controversial sexual misconduct charges. it's eleven am in moscow i match reza good to have you with us here on r t our top story more than ten thousand people have marched in nice to protest against the g twenty summit that will kick off thursday further down the coast in cannes the crowds i angered by the current financial system and reinforced by the global occupy movement demanded governments to focus on people more than.