this is from moscow and we're doing a weekly here we go top stories of today and of the week the u.n. peace plan for syria is on the ropes just days ahead of a ceasefire deadline the syrian rebels refuse the regime's demands for guarantees they'll lay down their arms before damascus recalls its own troops. all of egypt's presidential hopefuls have now submitted their applications ahead of the first round of the vote next month several kind of its own hoping to fill the shoes of

hosni mubarak it was ousted more than a year ago. and in other news of the week of moscow val's to secure the return of victor boot saying his case is politically motivated. after a u.s. judge sentenced the russian businessman to twenty five years behind bars for conspiring to kill americans. and i see we asked the former head of the european central bank. how a crisis hit europe can escape the vicious circle of cuts and bad this is art. well today we're joined by example of three share he's the chairman of the group of thirty a panel of a former central banker stein as 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 leading the post in a program last year thanks very much i mr sze for joining us today it took

a first question glad to know you said at the federal reserve a conference very recently that you think we're still in a crisis but your successor maya driving a b.c.b. said that the worst of the euro crisis is over is the worst really over you know i was alluding to the. you all understand what happened happened in or seven we have now. structural adaptation of the advance the could of me you know over the last thirty five years we had really crazy the african craziness we had the patrol nation of of all the socialist part of the world in the market economy. i would say very powerful economies and we are not observing in the thing in your advanced economy since also when the advance they could be themselves have to adapt their whole

financial sector started with the you know the fall for turbulence while those and so forth and also all the all the fiscal policies i really trust that it is a global crazy's of the advance they could have me and of course the your peers have they're all in a difficulty and they have to work on their own governance economy governance well 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 our work to do because. what you have to commute in 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 these true for the your player but it's also true for the other big kind of b.s. of the advanced countries i think it's really now we're demanding

a new move of the investors observers savers in the world over who are good or he's improving the advanced economy to demonstrate that they are sustainable in the medium and long 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 or 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 advance there could and we saw in the signals that would be destabilizing i am very confident that we will not experience again. on the ceiling for the borrowing so of of the united states of america i think that the experience has demonstrated that it was not good but all that being said i

think that all countries. it is again a new feature of the global economy all countries including your 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 with problems are the a.p. center of a larger problem which is you. characterizing all the advanced economy in my own understanding of the situation this is maybe a basic question but it's being raised right now ever since the crisis seemed solution seems so far can you go ahead united as is seen by leaders without the euro we've got reese possibly having its own currency back because to fix this problem i think that for

a new country the first best is of course by far the have you or the you're just not where an adjustment is needed in an orderly fashion and the solution which has been found by the european greece is by far of course the world's best the they could have a portfolio approach that you think this is the end of greece wanting bailouts i mean do you first see even more biotic which is continuous cycle again we will see what happens but it's clear that there's a commitment which has been taken by the greek government. sensitivities as you know because the use of there has been national union to to really agree on that and the help of the international community as a whole and the help of the your parent or 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 advanced economy and in my own understanding of the plans formation of our planet also in all it's going to be of the planet and democracies of the planet we have to do the job. this is no time for complacency and nobody should be complacent but it's true for all of those without any exception in. can 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 things right where is the balance here how do they move forward it's an issue for all advanced economy correct but they are clearly particularly as regards to their fiscal policies when you have had ten and see spain more than you. all world whole period of time whatever you do whatever continent you are in whatever category of country you are i have to

correct you cannot continue internally to spend more than you are on this is true for a country as well as for individuals who may or firms so again they post that there is no healing contradiction between what is called austerity which i would call back to sound policies you know where because what is called austerity very often is only that instead of spending much more than you were on and you spend more than you were a look at this spending idea that what you were so good 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 and even called tree has not lost any confidence as

always behave properly there is no problem for that country of course but for as policymakers as economists as the financial markets investors as they pull together thinking about confidence and balancing steady and growth what if you walk down the street and someone comes up to you and says mr i can share i haven't had a job for two years what is what this all of this policy making into me as you know those called for us that we are run in a very prudent way that we are not spending more that more than we were. we are earning we are not distributing revenue as a ball in cleveland so for those countries have jobs and 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 we mean well you did not behave properly i'm not speaking of any particular country but forget i'm not speaking only of your i'm speaking of the old world and then after

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 probably 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 anybody. to give and get back is something which is as far as human nature is concerned extreme only difficult then clears a lot of problem and it is more as what we have had the reason why we have to prevent bad policies and monitor all policies permanently in order to avoid to be put in this 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 where the brits are precisely those whom we are going brilliantly

over the past year those are creating a new set of extraordinary year buoying economies and i think that the for some of them of course could be had also problems in the past i'm speaking of russia speaking of. there had been a long period where india and china as i said we are not growing at all or protect not and so no the. have to be the best are of they're all very rapid developments so it's a very nice you know each you can cope with her you are going very very fast how to manage that and they are now we're part of the global community a decisive part of the global economy they are part of the global governance a member of the g. twenty there is no such thing as a small group of advanced economy running of the global economy. well the brits are

clearly playing a decisive role in this handling of the global economy but i would say they have the old problem again a really person that we all have to be very careful with the question about you no longer have these rights during times of crisis to show solidarity with the people now are 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 of democracies the level of right media ration not only in the banking sector but but in general i don't see that in the us i could see that in the u.k. we can see that the in europe of course and everywhere in the world so we have to reflect on that because there are value was you know democracies which are not

easily. they made by you by some. sectors and i think that this has to be transmitted progressively of course we are a market economies of course market a good reserve can function but it is very very important that all component of the society only stand that our democracy is their values and these values have to be respected so should the it where should it not be slashed should compensations be reviewed i think one should come off work better understanding by the interested persons themselves and the inclusive sector and again i do want to mention exclusively the far more sector that there are behaviors that are shocking in the perspective of europe of fellow citizens of the democracy as

a whole and this is again where these fundamental alright thank you very much it was a thank you. dear mom i'm sorry that i had to do this i've been in so much pain in the past year that i can't take it anymore stomach and chest pain to be getting worse no doctor has been able to help me please know that i'll finally be at peace with no more pain i wish i could have had a life with elizabeth always pictured her being my wife and mother to my kids i love you all see you all in heaven when your time comes i'm going to meet jesus christ. thousands of u.s. troops in iraq received one of these drugs a drug called lariam and it may have prevented many soldiers from getting sick the

question tonight is whether or not soldiers were adequately warned about it's rare side effects serious life changing side effects. the headlines one oddity the u.n. backed peace plan for syria is on the rocks just days ahead of a ceasefire deadline the syrian rebels have refused the regime's dumond's for guarantees they'll lay down before damascus recalls its own troops. all of egypt's presidential hopefuls have now submitted their applications ahead of the first round of the vote next month several candidates hoping to fill the shoes of hosni mubarak who was ousted more than a year ago. i did all the news all that week moscow valves to secure the return of the booth saying his case is politically motivated and that's after a u.s.

judge sentenced to the russian businessman to twenty five years behind bars for conspiring to kill americans. by time not to dive headfirst into it the latest action from the world of sports with paul. thank you are welcome to the sports headlines here's what's coming up titled chasing is a way to move the leverage points clear at the top of the russian premier a mistake closing in on a second successive championship. a fair way to go to place hansen produces a brilliant round to take the lead at the masters but three time when a filmmaker since it's just one stroke. heading into the final day. the blades of glory we recap the conference finals in the playoffs as i have in god i did now i must go prepared to contest he could go cup final. straight

to the russian a premier league west sponsored moscow you were just kicking off in that championship group notch with the del valery coppins may need a victory to keep the pressure on second place says call in the race the champions league football next season the game is a matter of seconds old in the russian capital it's currently goalless meanwhile early on sunday in the relegation group have seen krasnodar a three one win over second bottom top. in the meantime spotlight now chick head coach tashi health has resigned he's been in charge since only. his contract with the club expired at the end of the season but he's decided to walk away early a rock bottom of the relegation group and seemed destined for demotion to move his intent free charge for the remaining five games of the season. meanwhile on saturdays and it's in places took a giant step towards retaining their title insurance policies men extended their

lead at the top to eleven points with a one zero win a locomotive although it was the hosts who could have school first the roman public chen kaige penalty was well say which is not a fire after half an hour then he then took full advantage of the missed opportunity in the second half romance chillicothe netting seventy five minutes in despite the best efforts of terrorists on the line so one nil the final score was the champions closing in on title but the three. second places this car slipped up in their quest to keep the pressure on the ladies the army men of failing to break the deadlock at home to crusading sanjay the first half all their skull this hazy run typical of the way they were breaking through well but always with no end result angie spearheaded by eurasia cough and satellites i began to carve some chances of their own in the second but nearly always the final score says carr left with a lot to do if that prevents an eight from winning the title. meanwhile dinner and

rubin shared the points following a one one draw with the moscow side just missing the chance to move second temporarily at least dumb sim of each opening for the hosts in the ten minutes without really inject however nelson valdez would their level matters are to sixty seven minutes with this header in our state's third six. one relegation play offs and car managed to overcome the last of the spies the harley circle of sending off just before the hour knock despite that numerical disadvantage the hosts will take the lead thanks to an own goal from alexander got scammed on sixty nine minutes one nil the final school in both sides they say from the drop for. him all over england manchester united have opened up a healthy eight point lead over title rivals manchester. city after eternal reign over keep our old trafford visitors were down to ten men after fifteen minutes when

sean derry saw red for a foul on ashley young in the rocks where he really converted the resulting penalty for his thirty second goal of the season before paul scholes added a second after half time second place manchester city can close the gap at the top of the five points if they were able to win at arsenal the gunners themselves know a victory would move them into third place and a north london rivals took them. now to go where phil mickelson finds himself one shot a highly depicts a handsome with just one round to go at the masters lefty as he's known his claim the green jacket on three previous occasions the forty one year old didn't guard a single birdie on the front nine found his rhythm after that this in go on the thirteenth proceeded. down to twelve holes sweet hansen meanwhile did one better playing in only his second ever masters the thirty four year old also shining primarily on the back line through birdies in the last five holes securing him the lead or nine under while louis oosthuizen sits at it two thousand and ten

a british open winner overcoming a pair of pokies the count of three hundred sixty for the day. but as he will now an orlando magic scented white howard has been in the n.b.a. spotlight for all the wrong reasons lately but the rumors that he asked for team coach stan van gundy to be fired took a backseat to the magic super eighty eight eighty two win over the philadelphia seventy six is on saturday how would deny these recent allegations are no doubt was hoping in his teammates could do that talking on the record glen davis the perfect sidekick to howard twenty three points and twelve rebounds big payday as he's now in cutting from his mates a forty five forty in the replace pass gets the record howard meanwhile registered his night game with at least twenty points and his many rebounds equal in his personal best and three seasons ago magic adventurist up in their fight. game losing streak with an eighty eight agencies victory. to tennis or allusions to

father will battle it out with serena williams in the final of the family circle clarke both players dominance in a semifinal encounters with two thousand and eight champion williams brushing aside samantha stosur williams lost to the australian in last year's us open final but this encounter was a different story the younger of the williams sisters starting off a cliff during for a second set six one to go on to avenge her sister venus was ousted by structure in the quarterfinals by wrapping up the second set by the same school i williams calling it one of her best ever performances afterwards taking care of business less our. world cup having a parents of power was even more dominant against a lot of what's called paychecks there are not giving the slovenian and change taking the first step to love so far of fighting off all three of what's called game point successfully resulting in a red double play go victory six love six love the upcoming final though should

prove the tougher test williams was beat insofar about four times that they had previously played. finally to the k h l i swear dinamo moscow proved to be the best in the west will love and god were crowned champions of the east they now mate in the garden cup finals which begin on friday let's remind you now exactly how they both got their. live

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live. live live. live little. well then to get to those final to begin on friday

that's all the schools and i'll be back in a little under two hours time so you don't.