you're watching r t the headlines for you egyptians are set to cost their ballots in the second day of voting in the country's presidential election fifteen months off before the poison your back number of former regime officials are is in the southern main contenders but fears remain that were really literally willing to give up. fresh talks pending on iran's nuclear ambitions the tehran refusing to bow to foreign pressure and swap which is brilliant for incentives from abroad the u.s. and israel have indicated their readiness to attack iran with diplomacy fails to curb its nuclear program. but there's outrage as many in the s.s.

uniforms give it history lessons to children in latvia on bringing real nazi weapons into the nursery the country is again on the far left for the way to trace its role in world war two. we can now how washington could be undermining its own economy seeing its your political agenda all special interview is up next. we're sitting down with quite prestowitz founder and president of the economic strategy institute in washington he led many u.s. trade and investment negotiations with japan china latin america and europe in the reagan administration and served as vice chairman of president clinton's commission on trade and investment in the asia pacific region one of your recent articles is called trading jobs for military bases where you're basically saying that the u.s. secor five this its economic interests in the name of geopolitics. a very very good

recent example of the obama administration has just announced a so-called pivot to asia so the idea is that the u.s. is switching the focus of us military a geo political activity from afghanistan and iraq middle east to aid to the pacific and to china to the china region and doing that in a way on their minds its ability to continue to invest to be competitive with chinese production or with japanese or other asian production well if we take china as an example we know that the u.s. administration is also going out of its way to persuade china to buy less earing in oil for example. what sacrifices could they possibly be offering to the chinese in your opinion well the try and you're right the u.s. is asking china to buy less arabian oil the us is asking china to put pressure on

north korea to stop its missile program so we're asking the chinese to do a lot of geopolitical things what we're not asking the chinese to do is to stop manipulating their currency to keep their currency undervalued as a. subsidy for their exports we all complain about that we say fine what the u.s. does complain about it their car we don't bashing china no no this is ministration tim geithner the secretary of treasury refuses to say that china is manipulating its currency he will not formally say that because formally to say it would then compel him to take some action he doesn't want to take any action because he knows that that would cause a huge conflict which i. mean we heard president obama say that he put together a team to deal with right well you know very short together a team to deal with unfair trade practices he didn't say currency program

remember that that in the world of globalization tree is handled by the trade representative by the world trade organization trade does not include currency currency is always handled by trey's reason ministries of finance and the i.m.f. two separate tracks so when the president says he's doing with unfair trade he's not talking currency and when he talks currency he doesn't say currency manipulation because he doesn't want the conflict and he doesn't want one of the conflict because by not forcing the currency issue it makes it easier for the president has the chinese to buy less iranian or more to ask the chinese through pressure the north koreans to stop their missile. so he doesn't want that conflict because he wants them to buy a lesser wing he'd rather ask them to buy less range of oil and he would ask them to stop manipulating. which in your view is damaging to the u.s.

economy well i think the currency problem is a very significant challenge to the us economy. and i actually think it's more and more of an important challenge than the reigning oil also in one of your latest articles you imagine you try to imagine a statement by hillary clinton addressed to china. piece of it so it's quite pressed of it writing as if you were hillary clinton addressing the chinese you see our mutual friends in asia such as the southeast asian countries and japan and south korea want to keep doing business like crazy with you but also want us to be a kind of con awaits so that they don't totally fall under your influence because we're no longer economically competitive our only counterweight tall is our military which we are anxious to you know to a guy with

a hammer all problems look like nails but we don't really think you are a nail is just that we only have a hammer now that you have pretty much taken all the other tools no tools left really well the u.s. is suffering declining economic component to so we have a big trade deficit we are heavily in debt to china to the rest of the world i mean we are we have so many areas of expertise left but our major source of international power is not economic it's military and we're a lot like actually the former soviet union. soviet union didn't collapse because it lacked military strength it collapsed because it lacked economics for the same things happen to notice this. i think it's collapsing well not not collapsing just yet but it's not on a good trick maybe someone in the administration behind very closed

doors would explain to you that it's how the u.s. is protecting its economic interests through military means what would you say if you heard that explanation let's look at the so-called the the new pivot to asia. we're beefing up our military deployments in the western pacific there's no threat to us the western pacific china is not going to invade the united states north korea's missile is can't reach the united states american oil doesn't come through the straits of malacca so what's the threat how is it that this military deployment is protecting our interests. i don't see it i mean i think it's an infatuation with empire i think it's infatuation with the exercise of power it's a legacy of the second world war and of the cold war and we have a big national security machine. and that machine is powerful politically and our system and it looks for ways to make itself useful and so that's what it does

but it's not clear to me that this is in the interest of united states the incentives in the system right now are for the production of tradeable gurlitz and the provision of tradeable services to leave the united states the united states is not pursuing any of the policies necessary to reverse the incentives because its total focus is on the geopolitical. priority because it's all about military bases and expanding u.s. military around the globe it's all about maintaining the primacy of the u.s. national security establishment you know at the expense of the u.s. economy yes in terms of jobs but not the interests of big corporations well also the interests of big corporations why global companies can achieve

a short to medium term benefit by moving production to china or elsewhere where they get big subsidies and incentives however typically when they make these moves they also are compelled to transfer technology. and what we've seen in many instances in the past is that and this really they seem to do well but as they transfer technology. other competitors crop up and begin cock up overtake them and so they do well for five or ten years and then suddenly they're out of business let's go back to to the sekret feiss and concessions that the u.s. makes in the name of geopolitics as you were arguing the subject that you brought up is very interesting and i want to talk a little bit about the gulf region the u.s. has a vast military presence there and it's building up in terms of let's say political concessions one example is bahrain when the u.s.

basically has eyes wide shot dead human rights violations there arguably because of its fifth fleet right that bahrain hosts and you were talking about economic concessions don't you think they go hand in hand with the you was breaking its political principles as well oh yes i do you know i mean i think the situation in bahrain is extremely painful to the us. i mean we in terms of human rights we clearly should be on the side of the shiites but we've sided with the ruling sunni. regime because of the base of the of the loop. in the gulf. and so yeah i mean i think we compromised. so it's not just economic concessions that the u.s. makes but also political well something. you know some kind of compromising of our

own principles something i know that. in all conversations i had with economists in america at a very high level of concern about china a fear of china's dominance if you will i want to understand what is at the root of the problem is is it just money it is just money in the economy one would argue the u.s. and china are very mutually dependent so what is there to be really concerned about though no actually the there's so much fear of china i think there's more fear of the future of united states i guess the way i would say it is this. you know if you i mean if you play the card game bridge. but if you think of globalization like a game of bridge and you say that you know each country has a head of cards and you ask yourself which country has the best hand and if you are

playing the game who's hand would you like to have. and if i look at all the cards i would say well the united states still has a lot of good cards i'd probably prefer to play the u.s. hand but in bridge you can have a really good hand and you can still lose if you play badly. and right now i would say the united states is playing very badly we're not playing our cards well we're not playing our cards well because we have focused on this geo political priority on this military national security priority we keep playing the great game we keep putting troops in afghanistan and fleets in the persian gulf. pivoting to asia while other countries like china like brazil like germany are focusing on investing and educating and innovating and becoming more competitive but we're not

doing and i think that is the source of concern and worry in the u.s. thank you very much ok good to see you. well into the fetal position is the name of the game whether you're saving lives or designing tomorrow's architectural masterpieces pleasers precision is what matters most the technology of the future is already at your fingertips technology i'm getting clear on our journey we shot the future covered. here the reindeer isn't everything for the herders. and when it suffers people do their best to help go out. because.

of the distances are. on the roads are tough and unpredictable. will the remedy be and try.

egyptians aseptic cast their ballots in the second day of voting in the country's presidential election fifteen months after the fall of hosni mubarak the former regime officials and is the mists of the main contenders for fears remain that the ruling military will give up power. pressure talks pending on iran's nuclear ambitions or tehran reason to bow to foreign pressure and swap enriching uranium for incentives for move toward the u.s. and israel have indicated their readiness to attack iran if diplomacy fails to close its nuclear program. and outrage as many in the s.s. uniforms give history lessons to children in latvia bringing real not seen weapons into the nursery the country is again under fire for the way it will trace its role

in world war two. sports update now with paul. thank you very much kerry welcome back to the world of sports here is what's coming up. strike a light spain's top goalscorer fails to recover from a broken leg meaning he'll miss euro two thousand and twelve as his country look to defend their european crown. awarding excellence the k.h. els cream of the crop on it in the russian capital with newly crowned champions deny moscow taking center stage. and cleaning it to the top aurore mcclory and luke donald are both vying for the world number one ranking added this weekend's p.g.a. championship at wentworth. before spain will have to defend their european crown without top striker davia the boss a low forward has failed to recover from

a broken leg in time for next month's tournament in poland and ukraine the thirty year old was awarded the golden boot after netting four goals in. austria and switzerland four years ago we fractured his shin bone in december and says he's still not fit to play spain's all time top scorer with fifty one goals in eighty two matches it's a massive blow to cope with a jew to name his final squad on sunday with veteran defender color put your also a major doubt. has sympathy for his teammate. but he made up what i feel bad for david it's a very tough injury to overcome and he has worked long hours trying to get ready for the end of the season and also to play for spain in the european championships so above all i feel bad for you because he won't be there with us after such an. now elsewhere to ice hockey where the cream of the k h l crop of gathered to mark the end of the season with a lavish awards ceremony in moscow the most prestigious award went to alexander i

do love as he was named the seasons and they paid this season surprise package angara cup winners the number of moscow were in the spotlight petrocelli lives not up who inspired the blue and white to clinch their maiden k.h. i'll try to think i was on it is the best coach while alexander was named the best goaltender his teammate we callen he simply rediscovered his scoring touch letting fourteen goals in the playoffs was included in the season's best side meanwhile those who had little to celebrate domestically this season with a disappointment to one side to celebrate russia's world championship win on sunday . to go before for. two years ago i won the prize with my team was defeated in the final of the school of this year it's more special because we won the comp i think all the individuals gives us the able to night also because of our great teamwork this season. you know if it wasn't the best season for scar as we've failed to grab the car however it's always

a pleasure to get to work and i'm very happy to be chosen for this season's best team but winning the world championships everything. started it's over now on to golf and a battle for the world number one spot on for this weekend at the p.g.a. championship with rory mcilroy looking to do reigning champion luke donald and remain at the top of the rankings the northern irishman needs to win the tournament to ensure he holds off donald because if the englishman finishes at least as a runner up when worth he'll become the world number one once more quality u.s. open champion mcelroy misses the cart as he did at the players' championship a fortnight ago then an eighth place finish or better would do the job for donald the thirty four year old first surmounted in world rankings after winning the show thanks to him in the last year but mcelroy is ready for the challenge. thanks to went off tournaments and you know if i can do that then you know ultimately the number one ranking well will take care of itself concentrate on

myself and just try and play the best that i can you know the guys are going to go and they're going to you know expect them to play good every week which they usually do so you know you just got to go out there and play good yourself now to the olympics and back as bait to host the twenty twenty summit games has been unsuccessful the azerbaijani city along with doha failed to make it through to the next round of the bidding process based on both tokyo and madrid all the three remaining options madrid spain still being considered even though spain is the only pitting country currently in a recession. we also assess the fact that mad read as good a lot of infrastructure. paid back to the investment as i've done in the past for sport infrastructure but also all the general infrastructure of choice not many infrastructure to build so the risk of mad read concerning the infrastructure to be explored while staying with amylin pic fame in three time champion you saying ball continues his preparations for the london games this weekend he's taking part in

the diamond league meeting in the czech republic both will also compete in rome later this month and in oslo in june before returning to jamaica for the national trials on the world record holder in both the one hundred and two hundred meters is confident he will retain his titles. you know whether you know for sure i'm a student i want to be there. are a big. i don't want to say but i guess if i'm in great shape a good start should be or good but i don't think it will be this race. now in the n.b.a. philadelphia have tied their best of seven series against boston in the eastern conference semi's last after the seventy six is secured home winning game six eighty two points to seventy five drew holiday was the top score for the hosts with twenty points wins the series will go to the final and decisive seventh game in boston on saturday. now finally back to ice hockey and as we saw earlier the k h l

is over for another season the number will be looking to defend their title when the new campaign begins in september but for now has look back and enjoy something spectacular moments from the playoff series just gone. so. many. modern. odd . odd.

odd. odd. odd. odd. odd. odd odd

. little. me. from. the body. lucky little. the little the a. little the little

the luck the luck lead the lead

the little. legs. yes congratulations at two at dinamo that's always cool for all of more for you in a little under two hours time joining us.