welcome back you're watching our two years old to the top stories promises of reform in syria fails to silence and it wasn't rhetoric in washington as the u.s. secretary of state says the syrian leader may fifth war criminal status that's just after president assad signed a new draft constitution which implies a political shake up in the conflict torn country. sturdy here greeks plan to vamp more anger on the streets of athens with police and fire fighters joining the growing protest belt tightening measures that the government has started to implement including tough salary and pension cuts. and was just

a few days to go before russia's presidential election the candidates are redoubling their efforts to win votes but people's needs and political loyalties are not the same across the country a stark contrast even and neighboring regions. as greece struggles to comply with creditors demands and another in data e.u. member spain is trying hard to avoid the same scenario when next we talk to a spanish economist on what's ahead for the euro zone's fourth largest economy. spain has a new conservative government that further austerity measures the spokes we need protests and with the country now suffering crippling the high unemployment especially among the many people are also seeing whether the country often described as t big to fail already have we're joined now by economist manuel thank

you very much for joining us can you tell us how much of what the country is experiencing right now is due to being a member of the usa the situation that spain is experiencing it's clearly a consequence of spain joining the euro you see that we joined the euro. we were. subject to the european central bank the european central bank has settled interest rates are courting to the needs of the core europe which is or germany austria the france the netherlands and it's right the right to do that and those interest rates were very low for spain they were adequate for most countries part of very low for spain so what happened these that we received. an enormous amount of credit reach. priest spanish debt

particularly. for income the forty forty. so what happened is that these cheap money. which was of of low interest rates. it has created bubbles like the real estate bubble and it has been it has called. as a mildly medium immigrants working not qualified to grunt work in many of the i mean we understate all of low paid jobs and also that we probably could ministrations have been accustomed to receiving. a lot of income because if the economy was. working very well and when the crisis started. the real estate bubble. fell down and of course companies started going

back dropped public administration started not receiving income they were accustomed to and the whole the whole economy blew up the only thing when the government come in but the protests have continued what do you think spain's future now holds the government is doing what. you are piece telling them to do cut public spending and make some structural reforms like labor reforms which it's ok but that's not going to solve the problem because the problem is the euro and that's not going to solve the problem and so everybody in spain of the world with nice expecting. great expectations that the new government is going to. a range of the problem. i expect that maybe we have six nine months of good when. after six of my mom's. if the country continues to

deteriorate as i expect the economy to deteriorate people are going to be very very made. deceived when they when they see that that with the reality doesn't match their expectations with this government do you think spain's future lies now within the year certainly not certainly not no nor spain nor portugal nor greece nor eataly from the the so-called peaks i don't know about an island i don't know very much but certainly not spain of course in theory you could have a uterus wrong with the core countries with germany the netherlands. austria maybe but not very sure france. but i am i my feeling is that if the. peripheral countries abandon the euro i don't think the although four or five or

six countries will feel very happy remaining alone where you've written about spain's exit from the area saying do you think that is a realistic option is a political problems the that and it's also is. a credit. debt problem you see. spain has as we said before about. nine nine hundred billion in foreign debt about half of that is held by germany and france maybe banks and funds and investors. so you could see france and germany they don't want spain to default because of course leaving the euro is seen only most of defaulting i mean because if you leave the euro the fording that you have to you can repeat so if spain leave the euro spain has to default and that we heard german and french

banks and they don't want that so the. situation is very easy to understand it's like if i am a bank or you or me money you cannot pay well i want you to do whatever you you can to pay me and i don't want it will stop eating you take your your children out of school do whatever but paid me back i think you have. dozens of examples of even recent history in the last twenty years it has been thirteen countries many more of these thirty. devalued because they had. problems competing on overvalued currencies and the the result forced to. one in some cases better than others but it's it's always the other end it's successful of course it's not that devaluing east's the cure of all events you have to devalue

and you have to do all the things all the reforms certainly. just devaluing is not enough but you can do nothing if you don't devalue scene but the people in greece and in spain being part of the year if there were names very much a source of pride doesn't it you're right you're right you see for is in spain when the euro east associated with europe and of course politicians have conveyed this message they say because for because if you leave the euro you will be chased from the your european union which is force i am of course the treaties the they don't they don't. consider the possibility of leaving the euro which is a matter that they don't consider but i'm absolutely certain that if if if if spain leaves the euro nobody's going to chase spain out of the european union but anyway for the for the people. who are not very much aware of economics and

nobody's aware that the crisis already jean is the usual spain nobody's aware of that maybe some economists are aware but the majority of course the message that. it's been conveyed by the banks by. media by politicians is that the problem is the overspending of a ministration. right i mean the asian overspending that's a problem but i'll talk to the origin of the problem the origin of the problem is the euro and the lack of competitiveness that the e.u. has brought to spain therefore the recession and of course the recession always please repeat a deficit in the public administration but the deficit in the public administration is a consequence of the spanish economy not being competitive i think there are fears that what's happening at the moment in greece is going to be repeated in staying

exactly the same i think it's we. they are about two years behind greece him terms of protest but you see the policy which the troika. and the international border font european central bank and european union are imposing on but if a countries greece italy spain portugal it's economics one o one is very simple to understand that i mean if these countries are. with problems and you force the to cut public spending well you. push them deep into recession and even to your pretended objective which is to reduce public deficit heat where you don't reach that goal because the. income of the of the public administration is reduced because the whole country

goes into a big recession we have seen that in greece how every year the economy goes worse and we are seeing that in spain and we experiment that in spain more and more thank you very much for joining us. wealthy british style is not on the title of.

markets why not come to. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into a report. on. the a. move. to. the be.

a. mob. you know sometimes you see a story and it seems so 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 harkin welcome to the big picture. of. the mission and free credit cation free transport charges free. range means free risk free. choose to free. free blog as a plug in video for your media projects and free video dot r.t.

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honestly reform in syria fails to silence antacid rhetoric in washington as the u.s. secretary of state has the syrian leader may fit a war criminal status that's just after president johnson signed a new draft constitution which implies a political shake up in the conflict torn country. of syria hate greeks planned to vamp more anger on the streets of athens with police and fire fighters joining a growing protest the belt tightening measure is that the government has started to implementing clue tough salary and pension cuts. and with just a few days to go before russia's presidential election the candidates are redoubling their efforts to win votes but people's needs and political loyalties are not the same across the country with stark contrasts even in neighboring

regions. as they have lines here in our next with paul. hello welcome to the world of sport here's what we've got coming up. no such thing as a friendly russia begin the euro twenty twelve preparations for the trip to copenhagen to take on. stepping up under twenty one coach pins takes charge of england's city aside for the first time following the resignation of fabio capello a take on the netherlands at wembley. saying of the ring floyd mayweather jr promoted them may fifth we're talking to news about the so-called super fight between pretty boy and money. but first russia have held their final training

session ahead of their friendly match with denmark later on wednesday it may just be a friendly card because it's meant to taking the encounters seriously with the european championship just around the corner with the latest from copenhagen his riches. the euros may be just over three months away but that time will pass very quickly for take out the cuts production has just free friendly matches to prepare for those championships and has to pick his squad of twenty free which will go to poland and ukraine russia's head coach may have already decided on the majority of his squad but is taking the game very seriously again there's a series to forego before we start the ball and we don't have some of the chances to play. together thing did the group the group is improving and they're playing better and better and you can see them training this is also in the last couple games of of the group slow very positive about it with so few games left before euro two thousand and twelve advocaat has very little time to tinker with his squad

i'm a dutchman admits that wednesday's game will not be the time for experimentation and he will stick with those players who booked russia's passage to the finals however russia's boss is pleased with some of the side's key players have returned to russia recently after not have the most successful of career is abroad of under a shove in being the latest to return home i think is good for us if we weren't good for the national team as well because he needs more practice in the need more games. hopefully at the possible to do tomorrow and also. for the vast majority of us squads the game of denmark will be just a second competitive match of the new season as russia is just coming out of its winter break. well for the likes of roman publishing co who missed training through illness you're issued a call from flooding a good ball of theirs like me just tossing go with the i just love my life even eva i can fave both missing this will be the first competitive encounter of

a new season as back clubs were also involved in european club competitions however dean dean of the play is a raring to go and it was good to meet up as a squad again after a break of over three months since my last fixture in the us the most this is the final friendly before we begin preparing for the euros and this is also a great tune up for the league season which restarts in a week's time this should be a good game as we're playing another euro two thousand and twelve participant at their stadium among all those. when i want to get it done mark unlikely to present russia with a tough test for danes of course also qualifying for european championships is likely to be even encounter and even bo of the carter said he'll play the strongest eleven expect the dutchman to make wholesale changes in the second half as he takes a look at some players who are looking to make his final scored bureaus might seem a long way away at the moment but in reality it is not much time for the government of his side for those finals of a game with denmark might only be

a friendly but is going to be a key opportunity especially for some of the fringe players so impressed with our chairman and want to take it on the plane to both finals and poland ukraine. don't see copenhagen well elsewhere england's caretaker manager stuart pearce takes charge of the side for the first time later on wednesday as the netherlands visit wembley it's england's first game since family or capello resigned earlier this month while pearce steps up from the under twenty one squad where he's been the boss for more than five years the f.a. say they've had no contact with any candidates for the job on a full time basis paris is believed to want the job for more than the one match for which he's been put in temporary charge he's already changed plans put in place by capello for england's preparations ahead of euro two thousand and twelve his first major decision is to name a new captain with steven gerrard joe hart and james milner all being mentioned as possible candidates and places the pressure is off his new look side. mom with no

expectation in. going to the going got no belts at least young men have got the ability to deliver a performance both individually and collectively as a team so of good confidence in the it's really the only thing that counts at least moment in time well another manager taking charge of his national side for the first time is chris coleman he's replaced the late gary speed as wales manager and later on wednesday they welcome costa rica in a match dedicated to the memory of speed the forty two year old was found hanged at his home in november. elsewhere the kontinental hockey league playoffs are kicking off with the western conference quarterfinal battles later on wednesday sevastopol face the biggest test in their battle with outland having fired their coach a day before the start of the post season they play the first game in their best of seven series with alexander smuggled into the caretaker coach after a late tree was let go moscow and now facing

a tough series of games against top seeded scarse and it is to paedo take on love inside. the number of moscow up against a number of men from bela rivers. meanwhile only have it all to do in basketball's your only that if they want to go beyond the competitions top sixteen stage decorated six time euro league winners panther my course could end their season in a buffer in tartus than later on wednesday the teams will contest the top spot in group the greeks already qualified for the playoffs politics will be out of the postseason if they lose and found about cheaply in milan or with other games while russia's most successful euro league representatives. on thursday may travel to already game a turkish side fs. now it may not be the contest of the boxing world is desperate to say but anticipation is growing as floyd mayweather jr prepares to put his unbeaten record on the line against make wild card so in may the pair will trade blows at the m.g.m. grand in las vegas on may the fifth with kowtows w.p.a.

super welterweight crown on the line but at a press conference to promote the fight all the talk was about a possible bout between mayweather and manny pacquiao negotiations continue to stumble with pretty boy insisting the filipino is refusing to accept random drug tests pac-man says he simply wants a fifty fifty split in the purse is if we go she still have a long way to go. like i said before. if you really want to fight floyd mayweather mediocre it will be today face employing me would. shut off. if you do or you don't want it so he did it so we move on shouldn't it. meanwhile british boxer derek chisora has been given an indefinite by the world boxing council for his behavior before and after his fight with brittany klitschko earlier this month he struck the ukrainian at their way in for the bout and then

brawled with fellow brit david haye in a post five press conference the w.b.c. said it was one of the worst behaviors ever by a professional and demanded the twenty eight year old seek anger management treatment before they consider lifting the suspension. and finally the big guys were out in force in the russian capital over the weekend with more than five hundred power lifters arriving for the moscow open it's not to name him pick events for the sport is highly competitive and involves competitors of all ages as one one closer i've found out. where there's a will there's a way to end these power lifters are a fine example of the triumph of human spirit the first moscow open was in two thousand and eight and today it's evolved into a major preparation stage and head of the european championship with more and more ready to bulk up for their chance plus i am after each tournament to be staged proves time and again that there's an ever increasing number of people who want to lead

a healthy lifestyle and if that choice is powerlifting will bench pressing it makes us very happy there are over five hundred people here and i hope that number will grow into thousands in years to come because if there are two events at this tournament held across all accepted way categories for men women juniors and seniors first is powerlifting which consists of three disciplines the squats bench press and deadlift and second is the stand alone bench press where moscow's alex a bottle managed and eye watering one hundred ninety six. to be honest i wanted to press ahead but as a case i won in any case the greatest part about being is that my friends were here to witness my if i'm good at this sport is the building like this because you could not imagine an event like this ten years ago. no perilous in competition goals without the seniors or the veterans as there are sometimes referred to in russia one of the major advantages of this sport is that it's available to anyone at

almost any age starting at just thirteen years old another selling point is that even the rookies can their record breakers like the forty five year old sergei my ring call this compact powerhouse lifted his first weight only five years ago but captured two moscow region records in a row and this event already feels the power lifting allows you to always be well tone and keep your body in perfect for a person becomes more motivated not only during practice but in life in general actually. the quality of life drastically improves i don't know what it's like another jim said but our club rid of tobar as those who helped me find friends with common interests and hobbies we did something with the most go open it is the biggest regional power that's in competition in russia it might be just four years old but the number of participants has already grown from thirty seven muscovites to five hundred in the thirty representatives from all over the country and no foreigners just yet but i am assured that anyone is welcome home on call for

a heart to moscow well that's all the sports news for now i'll be back in a little under two hours time join me that. shows that so much seven and there's a huge music to share and find time to run to right to protect the rights to penetrate and syria continues down the path of destruction and civil war there are loud voices on the international stage.