welcome back this is all she's a weekly review the headlights. the do on boss peace plans the series in jeopardy just days ahead of the ceasefire deadline opposition rebels have refused to regimes demands hold guarantees before damascus is out each tree it's. also about twenty gyptian presidential hopefuls have now hundreds of applications for the race to take up this seat led by hosni mubarak was ousted over a year ago the muslim brotherhood the most powerful political group has fielded a counter that despite previous pledges not to do so triggering fears of pushing

the country on the streets as logic trying to. pass most who calls the case of because of booze politically motivated and vows to bring delegation russian arms dealer home that some say the us court sentenced the businessman to try to get. up next we asked trish a former head of the european central bank how prices hit europe might escape the vicious cycle of consarned bailouts. well today we're joined by john cloud t. shape 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 levasseur for joining us today it's a pleasure but first question we 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 mario draghi 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 in my order still you go what happened happened in or seven we have now. structural adaptation of the advanced economy you know over the last thirty five years we had to eat in america crazies the african craziness we had the 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 your advanced they could only since also have the advanced economy themselves have to adapt their founder for sector started with the euro the financial turbulence. and so

forth and also all of the award fiscal policies i really trust that it is a global crises of you advance they couldn't meet and of course the your beard had their whole in a difficulty and have to work on the old 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 that it is hard work because. what you have to do a clean is for all countries the capacity including those who are in great difficulty to demonstrate that they have fiscal policies and the economy policies in general competitive policies that are sustainable in the long run in the medium and long run but there is proof for the your people but he thought so too for the other big kind of millions of the advance countries i think it's really now we're

demanding a new move of the investors of service savers the world over to our cool good ways including your advanced economy to demonstrate that they are sustainable in the medium and long road speaking of advanced economies and sustainability the u.s. for example it's 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 be 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 all other advanced economy will send signals that will 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

a good new feature of the globe are eager to be all countries including your votes they're going to be 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 the larger problem which is you. characterizing all the economy 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 seemed solutions seem so far can you recall what have united as 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

have the you're just not aware adjustment is needed in an orderly fashion and the solution which has been found by the european greece he's by far of course the first best they could have a powerful drugs do you think this is the end of greece wanting bailouts and you first see even more be a lot it just continue was a cycle again we will see what happens but it's clear that there's a commitment which is being taken by the greek government. sensitivities as you know because there is there has been national union to agree on that and the help of the international community as a whole in the hope of the european or the sinister 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

principal mission of our planet also in all it's going to be is of the a democracy of the planet where 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. ok let's look at the stereotype measures portugal italy greece and spain some say they spend too much other state sterrett 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 advanced economy to correct their project early particularly as we gods of their fiscal policies and when you have had terminal c. spend more than you were on all the world a long period of time 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 this is true for a country as well as for individuals if a male firms so again a cost that there is no healing contradiction between what is called austerity which i would call that sound policies you know but because where the school austerity very often is only that instead of spending much more than you were and you spend your all then you are and that these spending 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 if a country has not lost any confidence has always been here properly there is no problem for that country of course as policymakers economies 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 cliché i haven't had a job for twenty years what is what is all this policymaking mean 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 are earning we are not distributing revenue is abundantly and so for all skilled trades have jobs the their own employment is diminishing and diminishing and they're inching even in the time of a terrible crime what do we do with those that don't like stain i mean when you did not behave properly i'm not speaking of any particular country but forget not speaking only of your part i'm speaking of the entire world then at a certain minute you have to correct and it is true that it's always difficult it's

much more advisable to run wise policies permanently then nobody is complaining but if you give a lot of money to anybody and then you tell them oh 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 only difficult and clears a lot of problems 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 of our brics now are these think they can deliver what is needed for the global economy to move out of the phase it is in now where the brics are precisely those who have we are going brilliantly

over the past years are creating a new set of extraordinary boiling get 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 rising. there had been a long period where india and china as i said we are not growing at all or practically not and so you know the. i have to be the master of the old very rapid development so it's a very nice you know you eat you to cope with her you are going very very fast how to manage that and they are now we're part of the global you could be 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 the global economy. now the brakes are

playing playing a decisive role in this league of the global economy but i would say they have their own problem again a really good poster that we all have to be very careful with question about you no longer head of the e.c.b. but during times of crisis to show solidarity with the people now other a lot are paying attention to the high compensation for bankers a time of crisis do you think that should all be slashed. this is a particular issue in all all democracies this labor of love or i mean your 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 new york who of course and everywhere in the world so we have to reflect on that because they are value you know democracies which are not easy.

they made by you by some. sectors but 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 democracy is their values and these values have to be respected so should it not be slashed less or compensations be reviewed i think one should goof who are better understanding by the interest of persons themselves and the interests of the sector and again i don't mention exclusively the car or sector that there are behavior that shocking in the perspective of fellow citizens democracy as a whole and this is

a pin where these fundamental all right thank you very much share with others thank you. russians would be soon which writer if you move about sound from phones to christians. from stunts on t.v. don't come.

the top stories of the week when i'll see these one box of peace plan for the series in jeopardy just days ahead of this ceasefire deadline opposition rebels have refused the regime's demands for guarantees be pulled a mosque is pulls obvious truths. about twenty eight children presidential hopefuls have now hunted out obligations for the brazen to take these seats left by hosni mubarak was ousted of the year of the muslim brotherhood the most powerful political group are able to counter that despite previous pledges not to do so triggering fees of opposing the country on a strict on a strict islamic truck. while small scope calls calls the pace of victims

politically motivated and vows to bring the ledger brushing arms dealer home that's outside the us called the census to get this mental image of my kids. paul joins us now next with the latest sporting action. hello welcome to the world of sport here is where we go coming up. moving on up. to male to move up to third place in the russian premier league and i'll just one point behind second place says car in the race for champions league football. no pain for spain the defending champions easing to the semifinals of the davis cup with a comfortable for one victory over austria they now face the usa in the last four. blades of glory we recap the conference finals in the playoffs as alan carpenter

now moscow is prepared to contest the current cup final. starting with russian football and scot moscow have moved up to third place in the premier league table that's after beating kapan two nil at the luzhniki stadium on sunday a long range strike from a manual and many 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 as simple tarkin made it to nail despite the offside claims from the away team calorie coppins men are now just one point behind second place says carr moscow in the title the champions league football next season. on sunday in the relegation brink of secrecy a three one win over second bottom two on our old polish air putting the home side ahead on the stroke of half time this is started a 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 red card making a mistake from twelve yards to make it one one soon after the home side were ahead once more outs are not allowed say beaten path vasic from a narrow angle it is. but the school beyond any doubt after eighty two minutes finishing from close range when leaves tom cut adrift in the drops are in eight points from the playoff places. meanwhile spots are now dick head coach. has resigned he'd 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 belgica rock bottom of the relegation preconceive destined for demotion team or should share was in temporary charge for the remaining five games of the season. meanwhile on saturday's innings in places like a giant step towards retaining that side of the insurance policies and extended their lead in the top to eleven points with a one nil win

a locomotive although it was the hosts who could have scored first however probably changes penalty as well say which is a modifier after half an hour then he took full advantage of the missed opportunity in the second half of netting seventy five minutes in despite the best efforts of kara's perak on the line so one of the final schools the champions close in on title number three. for second place escobar slipped up in their quest to keep the pressure on the ladies the army man a failing to break the deadlock at home to do slings and g. the first half also this hazy run typical of the way they were breaking through will blue noise with no end result angy though spearheaded by eurasia of the letter began to carson chances of their own in the second period but neil neil was the final score with says carr 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 are through two nil

when over q.p.r. old trafford away really penalty on the second half paul scholes strike were enough to see off ten man q.p.r. who had shown derry sent off after 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 not to move the gun is out of the city now i 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 one victory over russia's congress austria spain were leading to one heading into the final day of action their four dollars for their new a victory over melts in the reverse singles would be enough to see his side progress but now it's a 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 flair went on to play except 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 mudra like to beat alexander prior to complete a full one victory for the reigning champions. well they now face the usa in the final four days after they won three two in france it was john isner is victory over j. wilfred tsonga 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's 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 after they comfortably came through their quarter final with a surveyor for one to visit his world without world number one novak djokovic

meanwhile argentina v croatia by the same score like. now for any that brings us to make a i swear i demand my moscow prove to be the best in the west whatever garble crowned champions of the east they now meet in the garden cup finals which begin on friday but let's first remind you with clearly how they got here. live

. live live. live

. live. live .

live . live live . well that's all the school for now plenty more lights a one twenty four hour i'll

say it. i've had to make sufficient dates in believe me oh just pay me one which christian faith is enough in a day to go through my life and. you know more than fifty percent of the people who are actually in texas are not. you know living nor do afterwards right. this is like you know we execute our convicted capital murder we have the highest execution rate in america we're not afraid to do it we do it well oh yes it comes a point when death comes. but i do hope. i

will get a letter your dad is due to be executed next week then is it be a scary moment to use you know you can loose here want to be appearance with the in a manner of me saying i said it's time to come. and i would be to the end of this to the death chamber. come and stay until after they were dead.

more news today call him says once again flared up look these are the images the world has been seeing from the streets of canada. trying to hook or asians are relieved a lucky. one .