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. are supporting sustainable for growth will be in the center of the discussion between the first day of the sun and. more technical nature real way from the tensions that can scale honestly for example last year's g twenty summit was worth something about 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 it in a minute being spent in a more efficient way and before second are that important to understand the while during this time it's more our specific decisions are being made. accordingly tional for policies conducted by national governments important result this kind before direct to a condemnation we could face much more difficult consequences so the financial turmoil that happened. a thousand take but what are you guys deciding on this

summits and g. twenty that you can't decide over 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 of use of various nations let's take united states and china phone conversations that will not help they need to talk to each other directly to reach some kind of compromise where 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. just trying to play a. role for the decision. making process. or some new europe now that you're mistaken one could argue with it so good or bad

decision will be sufficient not to dissolve the crisis in europe but the result of the twenty year pressure would be not easy 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 had 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 a commitment from all g twenty countries to cut budget deficits where budget deficits are high and expect to all countries still. in command or to commit. to do. this will help to achieve the degree of fiscal consolidation needed to call the markets and. start so the new cycle of growth second three was clear and the. thing of the. stronger financial

oversight of needed some progress in creation of new banking standards our position is that the pace of the force is sufficient we should not go too fast since it will produce tougher security standards for financial institutions now this will have a negative impact on growth so i see or we have a good chance 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 participating in trying to sense he makes his contribution here stance we're just trying to position russia. forward in called the commitments we made before. that you still more there was to else. the recovery from the recession heightened purcell's and. 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 . any global are in terms of serial effect russia it's clear the question is whether those terrorists will be or more there and second whether russia is prepared to face the challenges that we do have for the source we do have a strong storm lasted less markets we do believe that we will not face the same kind of crisis here at themselves and think 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 the mystic critical considerations same time

with the congress to the biggest economy and. narrative for he went right. 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 opening riff between sarkozy and cameron confirms one more time how divided the european nations really are are the decisions that are taking 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 would be. but. the effect is conditional on

not what national groundswell do and it's a second step especially the greek government italy spain portable parliament some other countries with qantas need to continue to undertake measures to trivialise public finances into banks as well but do you feel like that the time has come where when russia is actually in a position to advise its former mentors to be feel that you have. a sufficiently good results to. advice if the advice is to quest. and also to contribute to the stability. or financial resources we. need in the european package why the international mind that forms with white become also money that 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 but would direct 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 articles what about the bric countries a lot of people look up to them as like the last drop of 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 growth rates the key words of global financial stability are chinese doing what brazil russia. thinks are really important for global economy right now and the share of brics countries quite big

in the global g.d.p. . a new direction for growth be conscious cruelty to. 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 t two states protesting crime 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 is in the world i think that people who. go to the streets to send a signal to the governments her 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 moscow some people

believe that the just that your brain creates and. it is you know for brinks and the other french institutions to floor it but not if you. build our financial center in such a way then people real go into occupy. actual 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 more convenient life in general. as far as a tax and financial transaction is concerned i think congress can decide with introduce such talks or want to believe that russia would prefer in there enough taxes for all kinds of taxes and stocks are sufficient to finance. all

social programs if properly used properly so we don't need to know other tax. in russia we believe that stocks will hurt the economy but in some other countries so be and believe that this kind of stuff might be useful why not are going to focus russia's g twenty share by an aide to the russian president thank you very much thank you. for sure is that so much given to each musician on the market as tunisia so does the rest of the world to be sure success we hold 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 wall street they have. been to get the status of the human experiment. with. this you'll see this right. the military trying to censor political economy and it's all changed things and. the resources to maintain but it's in in markets. thank you on the primitive wants to be seen trade imbalances recession look even the nation's close to collapsing a subprime loan foreclosed homes people thanks to the beatson fails replay but it's again field level the right thing is the west bank and then smash the ceiling into it is like all the buses in athens street the i.m.f. the construction deal just programs in greece where the totally condoms.

headlines on are the whistleblower winded by verdict the high court in london rules that the wiki leaks founder julian assange should be tried in sweden for

a controversial sex crime allegation. results of the investigation into september's plane crash that killed a russian hockey team name pilot error as the cause and speak of traces of a strong sedative in the co-pilot's blood. a sense of disillusionment dominates the protests the head of the g twenty summit in town as world leaders gather to contain the global financial mayhem and the greek announcement of a referendum on the euro zone's rescue deal has only fuel the flames. let's get into the world of sports dimitris here with us now. i know they're welcome to the sports. good to the company again coming up in the program. champions league city take

a step closer to the now called stages following a narrow victory over ukraine in alt feature. on russia. european football competition prepared to play away to school in group b. . and checked. chances of beating russia. and to start with the champions league of course was. their chances of qualifying for the not called stages and narrow one zero victory against. last night in second place in group g. belgium nicolas slow but with the only goal at the end of the. second victory of the campaign and their points behind sensation. of. to date bolted to on it's home remember the top two from each group progress in its remaining fixtures will see them before in away trip to portugal. champions league action continues today's

evening tesco moscow are preparing for a crucial game in turkey moment take on tribes who they'd beat three in moscow last month both sides are in for porting groupie to behind inter milan. in the other game in the group this evening. at this zero zero the italians have been in terrible form in their domestic league with five defeats in nine games but will look to get their second going into weeks over the french after a one zero victory last time out. there in the champions league campaign. match the city boss roberto mancini. away back into the side ahead of. a clash with the realm and cheney said just needs to apologize to him and the players for events in munich striker so have refused to come out and play again in

september hasn't played for citizens or third in group a points behind and one behind. everyone make mistakes as important to say apologize never cheat wish. you could show awards is easy was. now real madrid are the only team in the competition horse still on bateson they have yet to consider a girl in group day and a win against leone in france tonight would see them through to the next round. fencing their chances having beaten their own four nail it had been about two weeks ago. he on will certainly come out in full attack mode will be motivated and i expect them to be the more aggressive side it's not necessarily a do or die in march or early on but they'll be better placed in a good night when they're always motivated against us so we have to be careful as

we can expect a physical encounter. in the meantime learn footballers understand they still have a chance to finish second in the group they're currently level on points with. mesh internet looks almost impossible even if they intend to share points with the spanish giants but even if they lose they could hope that their direct rivals would misfire in the clash with. the bar much different. we don't approach a match to go in to lose for new especially when we lost the first encounter but the scoreline then everyone could see the trio were very much in form before the match i said we are a very balanced side with strong turk and france you have to announce in the form of state of mind as you know a previous meeting so will she would have been speech out. in other news three pakistani cricket says are facing possible jail sentences after being convicted of

match fixing mohammad a safe sane and former captain salmond but. at a court in london another bio the nineteen year old the holiday admits the charges before the trial began in return for money off reports of deliberately no balls at certain times during a test match against england at lord's last summer they will be sentenced by the judge today and tomorrow and could face seven years in prison and a so-called spot fixing scam was exposed by british tabloid newspaper and international cricket council says it hopes that will deter others from corruption . of all those we know that the judge is yet to determine the appropriate sinden. of the. so i do not comment further in that regard but i do hope that this is seen as a further warning to any individual who might who would it would be easy to be

tempted to engage in good objectivity with no support let's switch to tennis now and a second cup final between russia and the czech republic the czechs are led by wimbledon champ and better clips of a who's also just won the double to championships but despite that they still consider themselves to be the underdogs for the tie in moscow where russia haven't lost for eight years richard van portly talked with the czechs double star pascal. it's definitely great cheap money i think all the players which are nominated very happy that they will play here and will try their best to maybe make it impossible possible i mean we have a great playoffs we have really good singles players and also our doubles as 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 this title i will be fantastic for everybody for the commentary and. looking forward to it how much of

a buzz is better but i'm into the czech republic about the fed cup talk oh i can i can imagine going it's crazy for sure well i can really tell because i wasn't there full time now but that's what i can read and 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. but treatable. but you can you be going in. two thousand and three i do think so we are the underdogs but i said that we have a strong team so better watch out what we bring with hopefully we have a nice game. because a lot of times in the team but it's ministering to never give up on the biggest

strength 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 have really great relation. yeah i mean. if we play and the team i mean that's all what it. really supporting me each other pretty well and. that everybody's making the point . despite the disappointing run of results russia's first formula one man of a tele patrol will at least in this season on a hide out the lotus runner driver becomes the first race and european to compete in the twenty seven race of champions in germany and joins a star studded failed that comprises three f one champions including the current one red bulls sebastian vettel michael schumacher and jenson button are also expected to compete there the race will take place in this at all four and four for december patrol in f one drivers championship after coming third in the open in

melbourne grand prix. fresh from claiming gold spigots prize of two million dollars rory mcilroy wants to continue his winning ways in shanghai the in-form northern irishman needs more prize money to try and catch top ranked luke donald in the race to dubai well pulled out of the champions event in china opting to stay around his wife diane was about to give birth to their second child and his absence opens the doors for three rory mcilroy the us open champ dick cheney at the invitation of shane masters last week but that event was not sanctioned by any major so the money did not count looks to cut the gap on told leads him by almost two million dollars in the european money list told has already secured the title on the p.g.a. to put michael roy has left on the calendar to deny the english man and historic

catch topple. the most important thing for me at the minute is just to concentrate on my goal for me and make that the primary focus which it always has been. you know that i've got a good run coming up to the end of the season of this is a big week and you are looking forward to playing with green in the world cup and then of hong kong and by the authorities are going to try to cut in the looks lead so. you will want all interim. this is concentrated on unfinished finishing this year off really well. let's finish on a california beach where legendary is. just a whisker away from a record eleventh world title the thirty nine year old american progress through one in san francisco. on the eleven leg world. claim to hate on monday but retain his crown the pressure is on hayne to show off. but he certainly knows how to deal with it. for whatever reason the aggressive number of

people you know it's two digits it's you know it signifies something there and. you know. it's fine not to have. it or whatever it is i don't really know i mean i hear people saying it to me every day so i don't know what it's like other girls are strangers but to me it seems like it was talking about it to me. ok that's all the sports i'll be back with more. weathers next there soon.

wealthy british style.

markets. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report. in indonesia ots available in hotels coming dollar resort and spa. resort and spa. remote have been turned on sentry and the resulting spawn son joby choto the wiston resort to subdue a club med so if you tell someone you're both. resort and spa the ritz carlton hotel ground many as you call it a hotel full seasons hotel the sultan who turns. wiki leaks julian asks all states that his appeal against extradition has been rejected

he comes out on to the steps of the high court to criticise the european arrest warrants. a sense of disillusionment dominates such protests ahead of the g twenty summit as world leaders gather to contain the global financial mayhem and the greek announcement of a referendum on the euro zone's a rescue deal has only fuel the flames. results of the investigation into september's plane crash that killed a russian hockey team and named pilot error as the cause and speak of traces of a strong sedative and the copilot. just after seven pm here in moscow you're watching on t.v. with me rory sushant wiki leaks founder julian assange may find himself on swedish soil very soon after losing his battle against extradition from britain.