good have you with top stories now dozens of killed and hundreds injured in the syrian capital by two bomb blasts the deadliest attack since the conflict in the country began more than a year ago. the bombings were orchestrated by foreign forces in order to destabilize syria and undermine the u.n. observer mission. only a few hundred metres separate rescue teams from the crash site of a russian in indonesia authorities say it's unlikely any survivors will be found the plane crashed into the side of a mountain on wednesday with forty five people. come

just too busy. cannot join the party next week hosted by the us his. talk to the winner of the nobel prize for economics kind of. gives his view on how the eurozone debt crisis should be tackled that's a special interview. kenneth arrow professor k'naan makes america is at stanford university you're also the youngest nobel laureates to have been deported and awarded the prize in economics in ninety seven it's really great to have you with us today. enjoy being here the global economy is still not fully recovered from the recent financial crisis so now

we have an economy saying that we're going to go to another global recession another round or we're going to have another way for of crisis hit us what's your take on that i think the answer is we don't know. it leave it at that the american economy seems to be recovering on a fairly solid basis slow but i don't see any any particular obvious instability that's. the european debt crisis is not being thoroughly results but at the moment all the media fires have been did damp and i was there not put out with their reduced. i am disturbed about the tendency which is partly true the united states were much more true in some parts of europe of too much austerity when we have. a condition of deep deficient demand massive unemployment i think rio the idea that you want to

stimulate the economy. through government spending or some other good way tax decreases is pretty clear we could be recovering faster from our problems the united states but we are we do and we haven't gone to the extremes of say great britain or. france or germany that has maintained a good economy so i move word of the recovery will be slower than need be here absolutely right the recession fears are actually the highest among the european union countries what. future do you see for creates it has defaulted here weeks ago it really that bad ever was so scared of it so really that bad obviously creates problems for greece and that lenders may say well they defaulted what's the fault again. you know there's not much evidence that congress defaulted and we go ahead to a quite a nice recovery the best. people will be difficult for greece to borrow money

but maybe that's a good thing that will maintain discipline now i think i think they made a mistake by not the forty year earlier. said that they have to think that would have saved them it would have the look they got themselves into bad trouble. by overspending it was no i think as any conceivable course they ran up with a deficit that was. during times of prosperity that was not. not not sustainable. they read that goes back to the olympics as a tool for which they probably should never have undertaken it was too much too much too costly. for greece now they're fundamental there are also fundamental long run problems with the greece as there is with a couple of other economies there they have rigidities in these are but these are real problems not that financial problems but they are. it into the financial

problems they have rigid labor laws we have for greece has what seemed to be extraordinarily generous social security system in far more generous the united states which could afford it a lot better. there are people retiring very early then of course the other problem greece of tax. recovery is going to collect its taxes it's good being big problems but you don't think that greece will leave the euro i don't think so maybe they should by the way but i don't think they. prove the euro is that it's very difficult to break away from it it can be done but the big price to pay is going to be paid media. like all these things benefits make her the long run so to greece. well it was interesting of greece had had not been in the euro it probably would have been able to borrow the money that it. was going to lead in drachmas because they were. a nobody but they would demand i interest rate so they would have been

much worse off well we are better off actually because they have been disciplined i think he's been allowed to run down badly there were some periods but like twenty or thirty years ago it looked like it was going off but in the short term political advantage led to conceding this one and see that one and then of course the corruption and the lack of adequate tax collection which is my impression is enormous and i'm not at all sure it's been thirty rectified by the current reforms painful as they are because rich people the privileges of poor people don't do you think they maybe don't know the fact that we see is hilly and spain default right after greece i really think of leaking it but i don't see the it's it is much better control over its economy. and spain not only the problems in spain really for school at all they've been very prudent they've not run a big have assess their problems entirely different they have very rigid labor laws . and these labor laws make it being lead to high unemployment during periods of

prosperity so i think we this is a strain really of a hurdle to do with these euro bond problems that i think it's a credit rating for the sake of just because of the economy which is how. they have labor laws but you are still under question because of countries like italy spain portugal greece where do you see the time well i think you know there is an argument that you were a big mistake to begin with what do you think is it a big mystery look i think it's probably premature. there is. having a currency without being of a single state it's got a lot of problems the. united states. essentially the central government giving out money to the poor part of the there's a problem if you have money for poor parts people can move one place to another of

course they can move in the european union but language is a problem of languages are much much harder to move in. europe that is the united states even apart more now you've said in the beginning of the interview that the united states is getting itself out of a mess slowly but securely from what we know u.s. step now stands at almost sixteen trillion u.s. dollars exceeding its d.d.p. . will that continue to create instability for the global financial system and how will the u.s. exactly cope well that well of course i think of it greatly exaggerated for political reasons we have we have apparently a big debt problem of the moment that the interest rates the way they are and how this is easily player for. not a great strain of course we assume good faith sort of at some point rise and that as you turn over that it's going to be going to has the what you part one percent of attempting to. look. the the

basic problem is medical costs our medical care system is extremely inefficient very expensive we have pretty well most twenty percent if the seventeen or eighteen percent of national income goes to america and have a half that's private by the way but half of that's public and this is squeezing everything. social security is a bit of a problem i think as such here is a minor issue. the things that are not health the not. social security first thing i think are being cut in a very unfortunate way because many of them were point factors for example our education systems is under attack financially we can california we have a we have been cutting. his riches right now because of that's a recipe for disaster in mind but i know that you were in your teens when the great depression happened in the state of member very vividly love each other but you

don't feel like anything like that is to is happening right now in america now you know oh there's no comparison this is the i mean this is this is the worst thing since the great depression ok question people feel like the government has preferred banks to them at this point and they're asking where where where is my bailout do you think they have a point where all this is of all of those a certain amount of sense of how did this true that the we have an economic system a financial system to be more precise which has led to and i think. through the rather directly lead to the very large negative value for the american people these people in the incomes of these people are now getting back to the. recession levels. there is there is a sense in which the inequality of income has this focus the inequality has gotten

a lot worse whether that is not due the recession that was going on well before the recession and people were noticing that the inequality of income inequality i think up there do you think it will grow in the united states without so i don't know very part of it is a question of taxation course that's not the only reason there is also a problem of foreign trade a manufacturing jobs have gone overseas china now we still strong and great many industries our exports are going to manufacturing jobs are rising today but the manufacturing was that was the way by which you have high growth of high income jobs i mean you know middle middling but middling can jobs for people not very successful education me and that this has gone down greatly what do you make of occupy wall street what do you think it feeds off well first i thought it was ridiculous they seem to have no they have no proposals no but it has changed the national attitude you have you big company quality has become on the political

agenda and i must do that i think very well about professor ara thank you very much for this interview frederick. the people of the united states and our friends and allies will not live at the mercy of an outlaw regime that threatens the peace with weapons of mass murder is a regime is an active program to acquire and develop nuclear weapons and let there be no doubt about we know for a fact there are less than. this we're just being carried out under the direction of dr david kay respected scientist and former u.n. inspector was leading the weapons search in iraq we are determined to take this apart you have a tremendous. the group of dedicated american men and women involved in this with the best assets of the intelligence community can provide. david kay he is not

going to be done with this for quite some time david kay wants more time and he says it could take another six to nine months to make a definitive finding ministration is asking congress for hundreds of millions more six hundred million dollars to fund a continuing search have not yet found shiny pointy things that i would call a weapon before we can draw from conclusions we need to let the iraq survey group complete its work. we were all wrong probably in my judgment and that is most disturbing. sometimes the true patriot takes the unpopular course but helps a country where the stakes and even if they come this way at least for tonight patriotism is the last refuge of scoundrels and i think these are scoundrels they have no argument now they have no defense for what they did the country is in

a terrible international security situation but i think it's perilous so they're attacking the patriotism of others. download the official anti application. i pod touch from the top story. life on the go. video on demand. minefield costs and speeds now with the palm of your. question on the. line. which brightened if you newly bought song from phones to

christians. please for instance on t.v. dot com. top stories are naughty dozens are killed and hundreds injured in the syrian capital to bomb blast the deadliest attack since the conflict in the country began more than a year ago russia would rule out the bombings were orchestrated by foreign forces in order to destabilize syria and undermine the u.n. observer mission. only a few hundred metres separate rescue teams from the crash site of a russian airliner in indonesia as authorities say it's unlikely any survivors will be found the plane crashed into the side of a mountain on a wednesday with forty five people on board. a story baracoa i'm just too busy going to prison says he called join the j party next week hosted by the us due to his demanding. more news stories in full for you in fifteen minutes from now in the meantime units next with the sports.

thanks for joining us this is sports and a plenty ahead over the next ten minutes including all the. history in the making can read becomes the first american skipper to lead his boat into a home port the volvo ocean race. greens for a go the country's oldest golf course the moscow city club yourself to host the season's biggest tournaments the russian open. getting the high spaniard louis fernandez set a new sky running record reaching the peak of russia on europe's highest mountain months. let's kick off with football where i'd like to call madrid hopping celebrating their second europa league title in three years diego simoni chartist signing fellow sponsor side. in truth it was

a one sided contest from start to finish in the romanian helpful colombian hot shot . scoring twice in the first time to put his side firmly in control the striker becoming the first player in history to win the competition with two different clubs in two years and having tasted victory with porto in twenty eleven diego julie completing the scoring with five minutes to go three nil athletico the final score. need to pick themselves up to head off their cup at the rate final against barcelona later this month. this gives was here because it's come to express the joy that i feel now after everything that was said when i arrived at athletico madrid some people say to that it was a mistake just sign me and i would like to say now publicly that those who criticize me they made a mistake we've had ups and downs and difficult moments but i think we really deserve to finish the season like this and let me say this i feel post. responsible

for this result the difference between the two teams is not as great at what we've seen tonight on the pitch so as i say i feel totally responsible for this result. unfortunately action on the field was marred by trouble off it in madrid clashes breaking out between police and fans celebrating because when several thousand people poured into a city center square where police had put fences up in a field attempt to revenge the crowds from blocking traffic the violence started when a small group of fans started to throw bottles and other objects on police several people were arrested. disappointment in the boxing world meanwhile because the light welterweight world title remarks between lamont peterson and amir count has been called off the ball and scheduled for may nineteenth canceled after world champion peterson field are random drug test the twenty eight year old i.b.m. w b a bell told are testing positive for synthetic testosterone although his be

simple came back all clear he now can't get a decisive hearing on for four days before the fights forcing its consolation. fight for the vacant belts against the unnamed opponent on june thirtieth. setting seal now we're pima racing helping making waves at the volvo ocean race the crew winning their second straight leg beating our camper to enter their miami destination first following round six coming out victorious following a grueling eighteen day maritime bottle spawning almost five thousand nautical miles from brazil to miami camper gliding into the lead on two occasions but were unable to maintain the position for more than forty eight hours american skipper. eventually becoming the first american to lead his ship into a home port to winning by five nautical mile margin his crew fourth year of the standings behind the telefonica group on the pro teams it's across the atlantic

next with portugal lisbon. the next stop one made. golf season is just starting up here in russia the sport not quite as popular yet in other parts of the world but there's a dedicated bunch of people aiming to change all votes including those who continue to make the moscow city club the country's most prestigious course ramadhan costs or if he's got more. this club located a short ride from the country's kremlin and red square launch to russia's first attempt at finding a place on the international golf map twenty five years ago back then only a chosen few could appreciate this game which was recently welcome to the olympic family the history of golf in russia began as any other conference did so it was the private or expansive clubs for the wealthy people but now we are in the moment when i expect that number of golfers will grow dramatically in the

nearest future quarter of a century own and gold still large there remains beyond reach for everyday amateurs here in moscow the us alone russia where there is one obvious but certain amount of obstacle while the lack of necessary infrastructure which would make goal for the vailable for the masses is hampering the sport's ambitions to stake a claim to the market of the biggest country on earth that sometimes people say ok the climate in russia too cold to build their goal failed but you see finland and they were using winter and they play bingo and i'm sure that as we just have to change the mind of people to that it's not just. it's have to be sport for people and it's very healthy what i can see more healthy than many not a sports the capital's inner city golf course pioneered the sport for muscovites it's a private club but opens its doors to the public and the media once a year to stage the opening tournaments that will set that they say for the

remainder of a short russian season unfortunately in moscow well enough i want season which is maybe short as in the world. you see the weather is nice the golf course is in the buffet is buffet condition you see the greens define the grass is finally caught so everything is fine so we're having russian professional golfers the. rise contestants on any of the globes significant tours for now that is however the country is making small steps towards wider acceptance into the gulping arena and the russian open which will be held in june is a small testament to that room on controversy moscow basketball no to the n.b.a. playoffs where favorites there miami heat reach the second round at the expense of the new york knicks their twelve point win and whedon's they ensuring a four one victory in their best of seven series no five for guessing the star man in game five le bron james finishing with twenty nine points seven assists but he

faced indiana in the eastern conference semifinals meanwhile the memphis grizzlies are still alive in their series with the los angeles clippers after winning game five ninety two eighty for the heat while their attention turns to run to. every time you advance in the series you grow because you go through adversity you go through some tough times and you have to learn how to make adjustments but staying true to your identity the whole time and learn how to put a team away the olympic flame has meanwhile begun its seventy day journey from the birthplace of the modern games in greece to london twenty twelve traditional ceremony and seeing. many ghastly act as high priest this grabbing the flame near the two and a half millennia old temple. liverpool born greek olympic swimmer and the first man to take over the field and before passing it to british greek teenager

alexander lucas the torch is now set to travel almost thirteen thousand kilometers around the u.k. in just over two months the opening ceremony for the games in london kicks off on july twenty seventh. and finally let's finish on a high very high a new sky running record has been set in russia sponsored hernandez reaching the peak of mt elbrus in the fastest ever time at the red fox race event our correspondent constantine to top off wrapped up and went for a climb in self. montiel bruce is playing host of the sky running world series for the first time europe's highest mountain has always been one of the most sought after climbs for dead air belts around the world and the inaugural sky race where their fleets ran not walked to speak turned out to be a great spectacle. starting from thirty five hundred meters above sea level human simply couldn't absorb oxygen properly

that means breathing is hard work in itself but this guy runners and letting that get in their way they're just a nation the summit of mount. the more experienced runners started from two thousand three hundred meters with this summit touching the sky at five thousand six karna and forty two they quibble and off fifty football fields italy's market i guess barry won the first race of the season at the vertical kilometer event and was eager to repeat his success but it was his fellow reigning sky run a world series champion luis i'll bet their demand outsider who braved the snow and moved mountains to stop the clock at three hours and forty one minutes. the race was a little longer than i'm used to and the altitude makes the abreu strange something special it was very hard to get to the finish line but it's really great we had a chance to compete at such a great course. and world mountain running champion the gas barry was

second to the top a minute behind the thirty five year olds been. fantastic for me is a great experience today and you know happy because when i left. my town you know and. we get to the. top of the europe you know and i did it not too many runners dared to challenge russia's call that their opening stage of the world serious but those who did will surely remember them for it's leaving the event to become a significant stop on the sky running map because they about r t. s m that is all your sports weather is next.

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