well the. technology innovation hall believes developments from around russia we've got the future coverage. ten thirty pm in moscow easier r.t. headlines the un back peace plan for syria on the rocks just days ahead of a ceasefire deadline syrian rebels have refused the regime's demands for guarantees they'll lay down arms before damascus recalls its own troops. all of egypt's presidential hopefuls have submitted applications ahead of the first round of voting next month several candidates hoping to fill the shoes of hosni mubarak was ousted from power more than a year ago. and moscow bows to secure the return of victor boot saying the case is

politically motivated this after a u.s. judge sentences the russian businessman to twenty five years in prison for conspiring to kill americans. next we asked the former head of the european central bank john claude tree shea how crisis hit europe can escape the vicious circle of cuts and bailouts stay with us. well today we're joined by shea and he's the chairman of the group of thirty a panel of a former central bankers finance ministers and academics i think is 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 to mr xi for joining us today. in first question you'd like to know you said at the federal reserve a conference very recently that you think we're still in a crisis but your successor mayor draggy of the e.c.b.

said that the worst of the euro crisis is over is the worst really over there i was alluding to the fact that in my order still you know what happened happened in or seven we have now all. of the advanced economy you know over the last thirty five years we had lived in america crises the african craziness we had the transformation of of all of the socialist part of the world in the market economy. i would say very powerful economies and we were not observing anything in your advance they could only since also have only advanced they could live with themselves have to adapt their final four sector and the started with the euro the federal turbulence. and so forth and also all the

all the fiscal policies i really trust that it is no global crises of the advanced they could have me and of course the your period have they always been a difficult clearly have to work on their old governance economy governance well terms of the euro crisis is the worst over are we out of the woods separates point i think that we know that it is out of work to do because. what you have to come up clean is from all countries the capacity including those who are in great difficulty to demonstrate that they have fiscal policies are only going to be policies in general competitive policies that are sustainable in the long run to be given a long run but that is true for the your period but it thought so too for the other big economies of the advanced countries i think it's really now all demanding a new move of the investors observer savers the world over to our cool good at

least including the advanced economy to demonstrate that they are sustainable in the medium and long run speaking of advanced economies and sustainability the us for example its debt now stands at fifteen trillion overall us 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 well first of all i hope very much the new all or at most they couldn't we send signals that would be destabilizing i am very confident that we will not experience again. on the ceiling for the bowings of of the united states of america i think that the experience has 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 be all countries including you advance ticket

and we 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 the a.p. center of the larger problem which is you. characterizing all the economy in my all understudying of the situation this is maybe a basic question but it's being raised right now ever since the crisis seemed solutions seem so far can you go ahead united as is seen by leaders without the euro with greece possibly having its own currency back just to fix its problems i think that for any country the first best is of course by far the have the you're just not when adjustment is needed in an orderly fashion and

the solution reaches been found by the european greece he's by far of course the world's best the they could have a portfolio approach that if you think this is the end of greece wanting bailouts i mean you first see even more be a lot of will just continue was a cycle again we will see what happens but it's clear that it will which has been taken by decree government. sensitivities as you know because there is a there has been national union to agree on that and the help of the international community as a whole and the hope of the european or this seems to me the right and appropriate way to proceed now of course. in that particular country as well as in here with me as well as in europe as a whole as well as in all advanced economy and in my own understanding of the transformation of our planet also in. of the democracies of the planet we

have can 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. ok let's look at the astaire to measures portugal italy greece and spain some say they spend too much other states is going to kill them. well who's right where is the balance here how do they move forward it's an issue for all prevents economy to correct their project particularly as regards in their fiscal policies when you have had turn and see to spend more than you were on all the world or a long period of time or whatever you do whatever continent you are in whatever category of country you are you have to correct and you cannot continue eternally to spend war the new world and this is true for a country as well as of all individuals if i may offer for us so again i post

that there is no healing contradiction between what is called austerity what i would call back sound policies you know what because what is called austerity very often is only that instead of spending much more than you were you spend only goal then you were in but it is through spending a year there which you were 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 evil 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 haven't had a job for ten years what is what is all of this policy making to me as you know those countries that we are run in a very prudent way and that we are not spending more that more than what the. we're earning and we're not distributing revenue is abundantly and so for those who please have jobs and the their own employment is diminishing and diminishing and diminishing even in the time of the terrible crime what do we do with those that don't seem like you did not behave properly i'm not speaking of any particular country that forget i'm not speaking only of your problems speaking of the entire world then at a certain moment you have to correct and it is true that it's always difficult it's much more advisable to rhona wise policy is permanently then

nobody is 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 well as human nature is concerned extreme all the difficult then clears a lot of problems and it is more as what we have had the reason why we have to prevent bad policies and monitor policies permanently in order to avoid to be put in this very difficult situation what about the 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 who have melted going brilliantly over the past year ows are creating a new set of extraordinary years by using their economies and i

think that the for some of them of course will be had also problems in the past i'm speaking of russia speaking of brazil. and there had been a long period where india and china as i said we are not moving at all or practically not and so no the have to be the master of their would very rapid development so it's a very nice you know each you to cope with her you are going very very fast how to manage that and there are no we're part of the global you can be 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 and again a really close though that we all have to be very careful with the question about you no longer have that during times of crisis to show solidarity with the people now are a lot are paying attention to the high compensation for bankers at time of crisis do you think that should all be stashed. this is. you know in all of their more courses. of romania ration not only in the banking sector. but in general they could see that in the us i could see that in the u.k. we can see that. in europe who will for some and everywhere in the world so we have to reflect on that because they are value was you know democracies which are not easy. they made by by some.

sectors and i think 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 democracies their values and his values have to be respect to should. not be slashed compensations be reviewed i think one should goof who are better understanding by the interested persons themselves and the interest of the sector and again i don't want to mention exclusively the car or sector that there are behaviors that are shocking in the perspective of your fellow citizens as a whole and this is a pin what is fundamental all right 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 the stomach and chest pains have been getting worse and no doctor has been able to help me please know that i'll finally be at peace and 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 its rare side effects serious life changing side effects.

here when back peace plan for syria on the rocks days ahead of a cease fire deadline syrian rebels fuz the regime's demands for guarantees they lay down arms before damascus recalls its own troops. all of the egypt's presidential hopefuls have submitted applications ahead of the first round of voting next month several candidates hoping to fill the shoes of hosni mubarak was ousted from power more than a year ago. and moscow vows to the city to secure the return of victor boot saying the case is politically motivated this after u.s. judge sentenced the businessman to twenty five years behind bars for conspiring to kill americans. sports news expert paul stay with us for our kids.

hello welcome along to the world of sport hey is what we've got coming up. moving on now spartak moscow became violent two nil to move up to third place in the russian premier league the now just one point behind second place says car in the race for champions league football. no pain office playing the defending champions ease into the semifinals of the davis cup with a comfortable full one victory over austria they now face the usa in the last four . blades of glory we recap the conference finals in the k h l playoffs as alan carpenter now moscow prepared to contest the guard cup final. starting with russian football and spot how moscow has moved up to third place in the premier

league table south abasing command to nearly luzhniki stadium on sunday a long range strike from a manual m n e k open the scoring in the seventh minute after some t.v.'s defending from the visit is the lead was doubled with half an hour to play and simple toppin made it to nail despite the offside claims from the away team valery coppins men are now just one point behind second place says carr moscow in the path of the champions league football next season. on sunday in the relegation grid f.c. crassness a three one win over second bottom tone have all got to share putting the home side ahead on the stroke of half time the visitors started the day second bottom of the relegation group but in the sixty eighth minute they had the chance to level with a hands on kind of was found in the box alexei record making no mistake control the odds to make it one one soon after though the home side were had once more i'm not

allowed to say beating petter vasic from a narrow wrangle it is. post and ramos genia you put the school beyond any doubt after eighty two minutes finishing from place range when leaves tom cut adrift in the drop zone eight points from the playoff places. meanwhile spots are now chick head coach. has resigned he's been in charge since only june last year his contract with the club expired at the end of the season but he's decided to walk away early belcher a rock bottom of the relegation great can seem destined for demotion team who should share is in temperature for the remaining five games of the season. meanwhile on saturdays in a. giant step towards retaining their title. men extended their lead to the top to eleven points with a one nil when a locomotive although it was the hosts who could have scored first however probably changes penalty as well say by modifier after half an hour then he took full

advantage of that missed opportunity in the second half run surely caught netting seventy five minutes in despite the best efforts of terrorists on the line say one nil the final score is the champions closing in on title number three. for second place this car slipped up in their quest to keep the pressure on the ladies the army men failing to break the deadlock at home to angie the first of all their skull this hazy run typical of the way they were breaking through will through ways with no end result and she though spearheaded by eurasia and samuel eto began to carson chances of their own in the second period but no male was the final score with left with a lot to do if they are to prevent the neat from winning the title. meanwhile over in england manchester united have opened up a healthy eight point lead over title rivals manchester city after eternal win over q.p.r. at old trafford away really penalty of the second half or scholes strike were enough to see off ten people who have shown barry sense of art in just fifteen minutes

meanwhile united's main rivals for the title manchester city lost no i make a lot as a goal with three minutes to play enough to move the gun is up to thirty six points behind the leaders with six games to play. now in tennis defending champions spain are safely through to the semifinals of the davis cup after a comprehensive four one victory over russia's congress austria spain were leading its one heading into the final day of action therefore. a victory over europe in melts in the reverse singles would be enough to see his side progress but not so notice way around the clay court and the one time french open semifinalist had to break points in the opening game however he couldn't convert either of them and from there went on to play during set seven five from that point onwards it was much more plain sailing for the world number five but his austrian opponent committed fifty eight unforced errors seven five six three six three the final score giving the hosts an unassailable three one because our mother

a later beat out of the fire to complete a full one victory for the reigning champions. well they now face the usa in the final four this after they won three two in france it was john isn't it victory over joe wilfred song which proved to be decisive his hard fought three six six seven seven five three six victory over the world number six ensured the usa reached the semi for the first time in four years it was also france's first home defeat in the competition since two thousand and six. meanwhile the czech republic face last year's finals argentina in the other side. me this out of a comfortably came through the quarter final with a surveyor for one to visit his world without world number one novak djokovic meanwhile argentina v croatia by the same school i. now thoroughly that brings us to the k h l i swear deny my moscow proved to be the best in the west while i've

been guard were crowned champions of the east they now mate in the garden cup finals which begin on friday but let's first remind you would correctly how they guy. live

live. live

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live . live. live . well out school the school for now plenty more lights ahead on twenty four hour aussie. so.

the filmmaker. and. the. director's cut of real life days in prison on parties oh. oh oh. wealthy british style. market why not come to. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to kaiser report on our cheat.

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