erupted when inmates from one cell walk in they did another cell block beating them with stones and stabbing the entire prison staff are on duty at the time has been detained while an investigation looks into how the violence started. gyptian officials have failed to confirm an official date for the country's first presidential election since former leader hosni mubarak was ousted officials say the delay is due to problems organizing voting for those living abroad but insist it will be held sometime in may the bark was forced from office a year ago after mass uprising and clashes which saw hundreds killed the protests continue across the country from people calling for the military rule. you know i am god a pastor and former east german human rights activist looks a shoo in to be germany's next president he has the backing of chancellor angela merkel and all political parties as replacement for richard wolf but was forced to quit last week over corruption allegations marco has opposed gox bid for the

presidency in two thousand and ten in favor of what's your name was nato due to pull out of afghanistan by the end of twenty fourteen couples trying to man ties with the taliban president karzai has asked a senior pakistani cleric known as the father of the taliban to help mediate talks with insurgents but artie's military contributor says that was after its are useless to washington if he says pakistan that's door. one of the main challenges for the afghan president during his visit to pakistan was how to pursue. leadership to mend their ways. and to shew poort. negotiation pro she is between the united states. and. the taliban. however despite their best intentions in kabul and washington

d.c. the whole formit of negotiating with taliban was doomed from the beginning to do the right thing the right way the united states has to told directly to islamabad and only after this successful completion of this negotiation only then they have a chance to come push any positive development in written in stone peace and security both you know afghanistan and across the border later this hour here in our city retaining the title but portugal of europe's beach soccer crown right here in moscow all the details in about twenty minutes and our sports bulletin. and time now for the business news wasn't asha.

twenty minutes past the hour you watching business are oil prices have jumped to the highest level in nine months after a wrong halt of crude exports to the u.k. and france on sunday the move follows the european union's decision to stop buying iranian oil starting in july the west hopes to persuade iran to curb its nuclear program brad has jumped to the highest level this year as you can see on the chart there it's trading at more than one hundred twenty dollars a barrel have to gains for the w t i a which is currently topping one hundred five dollars a barrel experts don't expect crude prices to climb much higher as they say iranian risks for the most part have deliberately price then despite a surge and prices analysts say you're wrong this decision is more of a symbolic act neither britain or france relies on the rain oil wall to wrong on is

dependent on revenues from selling crude to the. us now check out the actual oil figures brant is putting on more than one of the poorer dollars a barrel the w t i is up seventy five cents trading at around one hundred four and a half dollars a barrel. now the currencies the euro is seeing some games against the dollar however to lower to the ruble supported by strong crude the dollar's also losing you've got store cards. and i want to equities in europe is seeing an upbeat start to its trading session the footsie is gaining more than three quarters of a percent the dax is up almost one and a half percent of the first hour of trade. and of the russian markets are trading in the walk both the r.t.s. and the bisects are gaining less than one percent each this hour. and the biggest movers on the my six energy majors a gaining momentum thanks to higher crude prices gazprom and move forward. putting

on around stars overside each banking stocks are also opposite bankers topping the list more than one percent in the black this hour. since the start of the year merging markets are seeing of record cash inflows more than four hundred fifty million dollars flowed into russia focused funds over the past three weeks mark from moscow based metropole i.f.c. explains the growing risk appetite for some managers there are changing their locations towards more aggressive mean more equity more emerging markets exposure that's what we see this of course is on the back of the general. improvement in expectations for all the market economics picture this year and there's i think and i think most of the fund managers pretty much priced in the greek default and greece exiting the euro zone and this is. not happening and then used to be then

taken back there's so all this you know that things which were priced in the their equities and their high risk gasses need to be bid up to take back that discount. foreign investors are eyeing russia's regions that's according to curial dmitri of the head of the country's investment fund speaking at an economic forum in siberia told business r.t. about the main attraction points of foreigners and russia as a specific interest of logistics area that's very important there is quite a bit of interest it's infrastructure and those are very specific projects so for example airports infrastructure is very interesting to look up and i would trip if which is one of the largest us or some airports worldwide we tailor investments that we invest with those investors into areas in industries agenda stand well and therefore they can do a good analysis of the project and that value to it going forward. that's all the

way to us from the business desk also back to minutes.

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magyar with r t here's a look at the top stories israel's allies warn against an attack on iran and urging diplomatic solution to take military action would have grave consequences for all as to iran imposes a ban on oil shipments to britain and france in response to international pressure on its nuclear program. the chinese government uses its main newspaper to accuse the us and its allies of pushing the opposition in syria to fight a prolonged civil war violence importantly escalating across the country to have

a controversial referendum on a new constitution and a week start. fresh from agreeing deep. greece's prime minister flies to brussels hoping that builds on ministers by. and over billions of euros for meeting is crucial to determine whether the country's made enough cuts to receive the new bailout. while the group of twenty major economies meet this weekend in mexico to lay the groundwork for a g twenty summits later this year the forum will focus on the social and political dimensions of the economic crisis and up next we talked to the russian finance minister about what twenty twelve has in store. mr siegel one of welcome to our program i'd like to start with this question a number of world leaders including the russian president are warning of a possible recession and the global economy what chances are there for this

scenario to unfold. as indeed this option is possible to a large extent it depends on the efficiency of the decision making by the eurozone countries and those that find themselves in a heavy debt crisis therefore functioning of the financial market particularly in the euro zone and operation of financial institutions banks and financial companies which they are the most vulnerable and largely dependent on the unstable financial economic situation is a priority issue for europe therefore today european countries are taking a number of steps to provide banks and financial companies with the quiddity so they would settle accounts and lend to the economy so the economy would develop further rather than fall back into recession certainly one of the tense issues in the eurozone is to what extent such countries as greece will undertake measures of normalizing their budgetary and financial situation the general microeconomic situation in the e.u. is among those issues which depend on the efficiency of taking these measures budgetary ones first of all on the house septa ball is the russian economy to the

crisis developments in the world and europe in particular. we live in one space there for a whole number of our companies work for export there for a reduction of the group rate of the european economy and correspondingly of the european demand can have a negative impact on the growth rate of the russian economy as well production volume of our export oriented companies would slow down and perhaps even prices for primary resources would drop due to reduction of demand and these resources in the euro zone companies and organizations consequently the export potential of the russian economy would drop which in turn could slow down the group create of the russian economy and in fact the reduction of the tax revenue we are obviously concerned by this will monitor. in the global economic situation very thoroughly and we're preparing for various scenarios of his development we have established reserve mechanisms for such scenarios we have the reserve fund and and distributers funds in the federal budget which we can relocate as the anti-crisis measures in the instance of decline in the russian economy and we also have the garden t.

fund we've provided a possibility in the budget to use it for supporting the strategic industry therefore we do have the right tools stored just in case hopefully we won't have to use them. what should the us say start thinking about being economical does it stepped pose a threat to the stability of the world's financial system. one of course america's debt now exceeds one hundred percent of its g.d.p. so now all countries whose debt exceed the limits set by the maastricht treaty should start thinking of a budget consolidation and cutting deficit and debt levels sure deficit cutting measures may lead to a situation when states seeking to cut their spending will affect the demand and the slowdown in the economic growth in their countries it is vital that structural reforms are carried out in those states so that such consolidation does not affect the growth rate otherwise there may be an uncontrolled downward spiral where spending cuts lead to a slump in the growth rate and fast economic growth lead to reduced incomes which in turn means less spending the challenge now is the countries with high levels of

debt and budget deficit must also take a consolidated position and ways of going out of the situation this is going to be one of those issues in the agenda of the forthcoming meeting of g twenty finance ministers in mexico what should be done with the excess dollars that have accumulated in the global economy. indeed this mass market is spread all over the world most countries keep their gold and currency reserves and bonds in equities of reliable states in fact the usa is one of the states that have high ratings for russia to keep some of its reserves in american assets indeed american main came to certain risks in the long term perspective from the point of view of long term stability. and security we will look however at their position towards implementation of a whole set of measures to be proposed to the u.s. congress in order to balance a budget and ensure stability on the mark recchi nomic level we hope to see such measures implemented and the risks we're talking about reduced now let's discuss

russia do you think that russia's a session to the w t o is a well timed move especially now in the period of crisis how will it affect the sector of financial services what's going to happen to banks were british can fight we can see even though that russia has practically entered the debbie to your because we observe most of what the deputy does in the other hand we hope to gain some benefits and advantages from our deputy you entry in order to increase competition and make it possible to protect our goods and western markets within the w.t. or framework that is why our companies already incurred the expenses linked to the w t o entry that we're waiting to see the positive impact on russia's economy as a whole what are your forecasts for the g.d.p. growth this year and the inflation rate your real to the inflation level this year will be lower than in twenty eleven at least the dynamics of the first months or the first weeks of twenty twelve indicates that the inflation rate is much lower than last year where ever we postponed raising tires for housing and utilities and

the services of our other natural monopolies to july this year so this year the inflation rate will go up slightly but this will happen a bit later than last year as for economic growth we expect the economy to grow at a rate of about three point six to four percent we hope that the general world situation will delay this rate to be lower than our forecast which we have taken into account in the budget parameters our budget was formed in the basis of these forecasts because any decline in economic growth rates also decreases the inflow of taxes in the country's budget system and we stand to lose approximately one hundred fifty billion rubles even if the growth rate drops by just one percent that is why it's vitally important to us today we are talking of the need for structural reforms that would make our economy more. attractive to business growth is a bubble stimulated by investments and investments always come when economic policy is clear and where investors feel comfortable. you have just mentioned the investments but what are your forecasts for the flight of capital from russia this year which seems. russia saw

a huge couple of flight worth eighty four billion dollars last year including in the pure form really it used to be a trend in many countries with the developing economies i think that in conditions when liquidity started to appear to western european countries in the european central bank started injecting funds into the banking system the question of capital flight the two place last year will be less thorny for russia this year. with how much of the state budget will come from oil and gas revenues for the. oil and gas revenues accounted for almost half of all federal budget revenues last year this year we've initially planned that a smaller share about forty five percent of budget revenues will come from oil and gas but in view of the fire the oil prices are still high we cannot relate that these revenues may be higher than predicted our task is to prevent these market determine prices from provoking a rise in spending because all these prices are market determined we cannot create market determined expenses in our view these funds should be channeled into

a reserve mechanisms a reserve fund so they could be used in case the foreign economic situation gets worse today is favorable but tomorrow it may get worse when. my last question is about europe what measures should europe take to overcome the crisis thirty measures will undermine demand and that will make it impossible to relaunch the weak economy how can russia protect itself. europe simply needs a clear coherent stance and questions related to the financial sector in the first place on the one hand if you tipping countries especially greece face certain problems because of the absence of this clear cut start. in the policy of funding provision of the quiddity it naturally leads to questions on the part of market participants and creates mistrust of the actions of european authorities on the other hand you are asking how russia is going to participate in all this on a regular g twenty meeting will consider how to increase international currency

resources if we manage to increase the currency funds resources to six hundred billion dollars they will be spent to support individual european countries and in me also be an additional positive signal and opposed to a factor for establishing stability in the euro zone let's hope with the g twenty meeting will pass consolidated decisions on how to fill the currency fund with additional resources in this context russia is going to be a donor of these additional currency resources which are in unison with a lot of the one whom mr seale one of thank you very much you're welcome. download the official auntie application on the phone i pod touch from the. life on the go. video on demand marty's mind.

and says feed now in the palm of your. question on the dot com. he. comes. up because. it's all designed to keep you close in your stride world as

a prison. you know you leave somebody in there for a couple hours like that in a stress positions. you have this fear of the unknown in this stress sort of building and. i've seen interrogations go on ten twelve hours they chose songs i remember from marilyn manson. and slayer the two songs would be angel of death and raining blood to kill the enemy going through war coming up here into iraq coming to the baghdad. charlie poole of the body sort of for just the rock n roll bad it was fitting for the job we were doing. long.

guitar sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. of. the russian blue to me soon which brightened if you knew about song from finest

impressions. moves from stone totty dot com. wealthy british style it's a fast but i'm glad it's playing. into the. markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines fuel into cars a report on our.

israel's allies warn again an attack will warn against an attack on iran and urging a diplomatic solution saying military action would have grave consequences all as to iran imposes a ban on the oil shipments to britain and france in response to international pressure on its nuclear program. chinese government uses its main newspaper to accuse the us and its allies of pushing the opposition in syria to fight a prolonged civil war violence is reportedly escalating across the country have a controversial referendum on a new constitution you know we start. fresh from a green cards greece's prime minister flies to brussels hoping the eurozone

ministers might finally hand over billions of euros the meeting is crucial to determine whether the country's made enough cuts to receive the new bailout and. that's where the top stories here on our team sports next fall. i welcome to the world of sports good to have you company there's plenty coming up including all of the. questions and to be on says german police want to speak to british boxer david haye following saturday's brawl with derek his or his whereabouts is on the night. brilliance russia portugal here in moscow to retain their title in the european cup. and delight kevin durant post the best school in this year's n.b.a. season as oklahoma funded the denver nuggets. but we start with boxing and german

police want to question david haye after his brawl with their riches or in munich on saturday the incident occurred in the aftermath of points loss to w.b.c. heavyweight world champion brittany klitschko they interrupted the press conference and a war of words led to a group between the two police detained for questioning as he tried to leave the country on sunday he faces charges but has been allowed home however they are still came to speak to hate and whereabouts is currently unknown. moving to football where top numb were held to a surprise drop by steven age in the fifth round of the english f.a. cup on sunday the resilient league one side earning a replay of white hart lane following a goalless draw stoke city be calling to nail jonathan walters and peter crouch the scores that liverpool for us brighton six one with the championship side scored three goals at anfield. well.