well. it's technology innovations told in these developments from around russia we've gone to the future coverage. eight thirty am in moscow these iraqi headlines breaking news we're following a passenger plane with more than forty aboard crashes in russia's year olds after takeoff at least sixteen survived the crash with emergency workers struggling to find more survivors. a group of nations packing regime change in syria thought to have put rebels on the payroll prompting fears the syrian people are being ignored over questions about their future. party fever permeates russia's opposition movements as the government already has to loosen up registration for a new and not so new political factions. and with many italians show

by austerity to countries an affluent alpine region of south to rural sees a rise in separatist sentiment. and coming up in a healthy mix of the euro crisis bailouts and austerity the former head of the european central bank john clarke weighs in on the state of the world economy. well today we're joined by john cloud to share now he's the chairman of the group of thirty a panel of a former central bankers finance ministers and academics and he's no stranger to weaving through financial crises having served as the chief of the european central bank from two thousand and three to two thousand and eleven leaving the post in october last year thanks very much time especially for joining us today it's a pleasure but first question would like to know you said at the federal reserve a conference very recently that you think we're still in a crisis that your successor maya driving of the e.c.b.

said that the worst of the euro crisis is over is the worst really over you know i was alluding to the. by your you understand what happened happened in or seven we have now. structural adaptation of the advance they could've me you know over the last thirty five years we had little america crazy's the african craziness we had the prince formation of of all the socialist part of the world in the market economy. new i would say very powerful economies and we are not observing in the thing in new advanced economies since all seven the advanced economy themselves have to adapt their financial sector and they started with the you know the financial turbulence while those and so forth all saw their all in fiscal policies i really tries that it is

a global crisis of you advanced economy and of course the your period have they all in a difficult period have to work on the old governance is going to be governance well in terms of the euro crisis is the worst over are we out of the woods at this point i think that we know it is hard work to do because. what you have to to obtain is from all countries the capacity including those who are in great difficulty to demonstrate that they have fiscal policies and economy policies in general competitive policies that are sustainable in the long run in the medium and long run but that is true for the your but it's also true for the other big kind of b.s. of the advance countries i think it's really now we're demanding a new move of the investors observers savers the world over to our old ways

including the advanced economy to demonstrate that they are sustainable in the medium and long run speaking of advanced economies and sustainability the u.s. for example its debt now stands at fifteen trillion overall u.s. debt is fifty seven trillion and the debt ceiling may be raised again it's widely expected it will by the end of the year if not earlier is this going to send another problem around the global economy and is this sustainable first of all i hope very much the new other advanced they couldn't we say signals that would be destabilizing i am very confident that we will not experience again. on the ceiling for the boeing so of of the united states of america i think that the experience as demonstrated it was not good but all that being said i think that all countries. it is again a new feature of the global you could have all countries including the advanced

economy have to demonstrate that they have strategies and they have fiscal policies that are sustainable in the medium run otherwise they will not inspire confidence so in a way the you where the problems are the the center of a larger problem which is you. characterizing all the advanced economy in by all of the studying of the situation this is maybe a basic question but it's being raised right now ever since the crisis that seemed to lucian seem so far can't go ahead united as is seen by leaders without the euro with greece possibly having its own currency back just to fix its problem i think that for any country the first best is of course by far the have the year just not when adjustment is needed you know an orderly fashion and

the solution which has been found by the european greece is by far of course the first best that they could have a profoundly tribes that do you think this is the end of greece one thing bailouts and in the first scene even more bailouts it will just continue as the cycle begins we will see what happens but it's clear that it will which is being taken by the greek government. sensitivities as you know because there is a there has been national union to to agree on that and the help of the international community as a whole and the help of the european all this seems to me the right and appropriate way to proceed now of course. in that particular country as well as in the year we're here as well as in europe as a whole as well as in all advance they could and me in my own understanding of the principle mission of our planet also in all it's going to be is of the planet

a democracy of the planet we have to do the job it is this is no time for complacency and nobody should be complacent but it's true for all of those without any exception in you ok let's look at a stair to measures portugal italy greece and spain some say they spend too much others say a stare it is going to kill them. well who's right where is the balance here how do they before it's an issue for all events they couldn't be correct that their project really particularly as regards of their fiscal policies when you have had plan and see to spend more than you were all over a long period of time whatever you do in whatever continent you are in whatever category of country you are i have to correct you cannot continue eternally to spend more than you were this is true for country as well as for individuals you

fight me or for us so again i toast that there is no healing contradiction between what is called austerity which i would call back to sound policies you know but because where the school austerity very often is only that instead of spending much more than you were. no then you are a look at this thing spending which you heard so how could you call that austerity if you are back to sound policies then you import confidence and by improving confidence you give a chance to growth and job creation i think it is it is the reality and of course it depends on the situation even culturally as not lost any confidence as always behave properly there is no problem for that country of course for as policymakers as economists as the financial markets and as much as they pull together thinking

about confidence and balancing steady and growth what if he walked down the street and someone comes up to you and says mr cliché i haven't had a job for ten years what is what is all this policy making into me as you know those countries that we are run in very prudent way that we are not spending more that more than what the. we are earning we are not distributing revenue raiser bollen cleon so for all school trees have jobs the their own employment is diminishing and diminishing and diminishing even in the time of a terrible crime what do we do with those that don't like spain i would agree with you did not behave properly here i'm not speaking of any particular country but forget i'm not speaking only of your i'm speaking of the entire world and then at a certain moment you have to correct and it is true that it's always difficult it's much more advisable to run your wise policy is permanently then

nobody's complaining but if you give a lot of money to anybody and then you tell them i give you too much money i have to take it back then you can surely get anybody to give and get back is something which is as far as human nature is concerned all of the difficult and here's the larger problem and it is more as what we have that the reason why we have to prevent bad policies and monitor policies permanently in order to avoid to be put in these very difficult situation that of our brics now do you think they can deliver what is needed for the global economy to move out of the phase it is in now well the brits are precisely those who. are going brilliantly over the past years creating a new set of extraordinary boiling economies and i

think that the for some of them of course they had also problems in the past i'm speaking of russia speaking of brazil. there had been a long period where india and china as i said we are not growing at all or practically not and so no they have to be the best are of their own very rapid developments only to very nice you know you eat you to cope with her you are going very very fast and how to manage that and they are now part of the global economy a decisive part of the global economy they are part of the global governance and member of the g twenty there is no such thing as a small group of advanced economy running the global economy. now the brits are playing playing a decisive role in this handling of the global economy but i would say they have

their own problem again a really first though that we all have to be very careful with sas question about you no longer have the same facts during times of crisis to show solidarity with the people now other than a lot are paying attention to the high compensation for bankers a time of crisis do you think that should all be slashed. that. this is a particular issue in all all democracies the level of where administration not only in the banking sector. but in general a day could see that in the us i could see that in the u.k. we can see that. in your will force and everywhere in the world so we have to reflect on that because there are value and you know democracies which are not easily. if they may by you by some.

sectors. i think that this has to be transmitted progressively of course we are in market economies of course market economies have to function but it is very very important that all component of the society understand that our democracy is their values and these values have to be respected so should it not. slash lesser compensations review i think one should goof who are better understanding by the interest and persons themselves and the interest of the sector and again i don't to mention exclusively the financial sector that there are behaviors that are shocking in the perspective of europe of fellow citizens as a whole and this is again where these fundamental alright thank you very much it was a thank you.

mission three couldn't ations three store charges three arrangements three. three stooges free. old free broken clothing videos for your media projects a free media gun to our teeth on top.

of the. a group of nations backing regime change in syria believed to put the rebels on the payroll prompting fears the syrian. sorry different script passenger plane with more than forty people aboard crashes in the year olds after takeoff at least sixteen people have survived the crash but emergency workers are struggling to find more survivors. apologies for that a group of nations packing regime change in syria believed to have put rebels on the payroll prompting fears of the syrian people are being ignored over questions about their future. party fever permeates russia's opposition movements as the government prepares to loosen up registration for a new and not so

a new political faction led with most italians choked by austerity the country's affluent alpine region of south seas or rice and separatist sentiment. more on our top stories and breaking news in a fifteen min. but first time for the sports of think with andrew ford. and you know all those football and ice hockey teams shining brightly this morning both with important when snowmobile luck might say from the russian prime illegal yesterday while there looks to be no stopping the gloom whitesnake playoffs we've got all the action coming up in a second. hello there welcome to the sport and that starts the quick glance at the headlines on the double development baseball steroids rocker might see a meal to keep alive their dream of european football. while the phenomenon i saw it seems just one win away from making the garden cup final after beating sky one.

in miami right djokovic playing to sony ericsson tiger correct time with a straight sets win over the marriage. first the football in the weekend's bragging rights in moscow belong to dinara after their two you know when. alexander culkin opened the scoring just before half time a real crack it's a beautiful control and he finds the net no problem at all and then at the end of this match it was alexander semin of whom is not down in the penalty area and then this image exclude the second from the spot when they used the nomic in faith which is the last year i play league sport but they are only three points off a champions league place. well just behind them in the league or ruby who got a narrow one zero win over angie's guus hiddink this their first win in five games not much between the sides but it was the home side who struck first shortly after i got was. not in winning the battle against chris of december that ahead on the

fifty minute mark and while angie went all out for me call isaac last fifteen minutes of the guy called stood firm in the group even go so what was the final score. and in the fall off of the table remain unbeaten this year to be a win for them over tara and they have the opposition though the first. spell of the game after fifty four minutes make light of each book trying time he says he really should have done much better tear it with another blunder and eighty six minutes martin unix had it going the wrong way but again i again have to take a portion of the plain sight i think. he while in the english premier league top level on points with third place arsenal after a three one win over swanzy on sunday night a late break from the manual added by securing spurs the victory of white hart lane and in the other guy newcastle pete liverpool saying you have to see say with the

goals to bring newcastle to within three points if it placed chelsea my pies hard to believe european football next season is a real possibility paul refsdal style cliche is that this is his sixth space and seven get. his last ten games we said well it's touching distance but you openly let's give it all you want free free at last said so and seven to go we go to swim the really really good shape and. hopefully we get enough points to get some so you're trying to be carbon cancel your programs will be hard. to get sales are going to be that we want to play it was a change from. the three organs. but. they believe in still some believe that we're good and if we do. have a bit of fortune. let's catch up the latest ice hockey where at the normal moscow a one victory wife reaching the current cup finals after taking

a three series seriously over scarse and pages and watching the latest in kind of force which pretty pump or flicked. chosen petersburg would have high hopes coming into this season's playoffs and all was going well for the argument that was until the end of the western conference final series with an arm which has turned out to be a nightmare for the team from russia's second city as a lost both their matches at home however the distance would get off to a decent start they would take a lead midway through second period as they managed to win a face softened a phenomena zone by demilitarizing turn sent an unstoppable shot which we don't xander in his near post however going on i was soon level he's my side you'll find any tradition you're scared of our post the blue line are finished coolly to restore parity skullbone helping their cause by giving away part of the penalty minutes with him so i didn't need the extra man advantage to go to one up with

seven minutes left in bird no bites excellent pastime detail and nice in twenty four year olds apart from the blue line before beating up stepanek. hundred number would wrap part of furry deserved three one victory just minutes later and he said in this time time provider on the powerplay she shot the saved becomes ten thousand got a call for us on how to score and put result we are any down. everyone understood that it would be a very important match especially playing at home and so i'm glad we were able to put in a great performance and get this vital victory. so dynamic around have a place in the finals and choose the if they manage to win game four however very players on thinking that far ahead of the moments just. thinking about playing in the garden cup finals at the moment we're preparing for games just like we have been doing in the previous matches in this series. there's been

a fairytale series so far for muscovites last chance and petersburg no only victory will do all of heard of april they want to keep their hopes alive a recording i'm. try to reach a company. in the west and on monday the eastern conference final regimes in one garden trying to hide out one of paste investments. intelligence by truck which is when the miami masters for a third time the world number one beating andy murray in straight sets six one seven six a merry hadn't played the day. two thousand people were rusty in the first said djokovic carrying an ac to take it six one the second said i was much closer with mary finding some form. of. force a tie break which eventually won djokovic defending his miami title and without

losing a single said. and delighted to a thirty second title here after winning the strike i. i thought it was a. great group and try to you know practice and motivate myself reduce this tournament which is extremely important you want to do well i haven't dropped the set. but played my best tennis when i needed to go for hunter mahan has hit film ahead of this week's masters he landed the season's first major as the highest ranked american after victory. he said to me that the fourth in the world rankings after his one straight victory at the redstone golf club nine start the final day two shots behind this man south africa new systems and same here but despite moments like this he did fade with a three over seventy five car pedersen emerged as my and closest rival moving to within a shot of the lead after making thirty on the fourth. however this week couldn't

hold my own good one under par seventy one this magic chip that is nice in front of six million. and his paw on the last hole wrapped up victory his second on the p.g.a. tour this season following his success in the match play championship he said. i feel great great fear for the back to hang in there it's such a structure and meeting here feels great. it's exactly the news new york knicks fans didn't want to hear jeremy lin is likely to miss the rest of the n.b.a. season the asian american sensation preparing for a lengthy stay on the sidelines following his meniscus tear in his knee eileen set the league on fire this season going from a rarely used back up to a starter having the final say numerous games throughout february but now it seems the dream run is over as the n.b.a. year ends on april the twenty six mins injury typically takes six weeks to recover

from terrible timing from the next point if you will start forward my stoudemire for a further month with a back injury and that's not all big man tyson chandler is playing through a growing straight. guy coming anthony has just recovered from a similar. right across finally making heaven and is currently world rallies top dog after a spectacular display in portugal the thin man within a with a nine point lead over eight time defending champion and teammate sebastian lo at the thirty one year old began taking advantage of a more open road to victory on the low pressure citron i. pervan in grinding out the winter curing space. by never posting the fastest time in any of the stages it was also tough for the runners up to hit full speed at one point the second place. engine running on only three cylinders and sunday morning twenty one year old russian get me not be called meanwhile dealt with properly issues during stage

twenty before fixing his car to land then maybe made a good spot. so that's always cool for the moment into. the shoes that so much about me as an immigrant is usually my people at the power of social networking such as facebook you tube and twitter is undeniable but are these media themselves becoming. wealthy british style decide it's best not on. the. markets why not can this. find out what's really happening to the global economy in the cause a report on. the.

if line in russia would be soon which brightened if you knew about sound from finest impressions. please for instance on t.v. dot com. on .

download the official and see how occasion to i phone the i pod touch from the i choose i'm still. jaunty fly on the go. video on demand on cheese money for old comes an r.s.s. feeds now in the palm of your. question on the t.v. dot com. more news today violence is one.