this is the r t news channel the top stories crowds of opposition activists rally in central moscow with agendas ranging from the far left to national extremists. but this intensifies across syria with u.n. observers pointing at a spike in coordinated revellers attacks which government troops have to repel clashes leading to foreign powers increasingly hinting at intervention. and no room for refugees after promising to provide sanctuary israel begins arresting african migrants who fled violence in their homeland and plans to deport over four thousand people. next a renowned economist who predicted the two thousand

a global financial crisis speaks to us nouriel roubini gives his forecast on what we can expect next and whether europe thinks could weather the storm. mr b. thank you very much for your time in two thousand and six you predicted that there would be a deep economic crisis and six years later we're still in it now did you expect it to last so long that it would be so deep and where are we in the middle in the beginning or maybe there's like the end of the tunnel and the crisis morphed into thousand and six was a problem of too much or that the leverage of the private sector households bangs financial institutions corporates now as a result of the response of their krises discuss the memos bailing out banks and other is where the massive surge in public that and that sits and now there is a risk of contraries as opposed to individuals or bangs going belly up qantas

having selling risk in the fall as already happening in greece and unfortunately when you have to watch private in public died it takes a long time up to a decade to do the leveraging that means the plan elias to save more to reduce that over time and that implies a more economical high unemployment rate and some degree of social and political instability at hand happiness so we are still i would say. you know this slow economic growth if not outright a session the eurozone that is called the falls by governments is going to stay with us for a number of years if you gave a percentage of the chance of greece exiting the euro zone how much would that be and would it be good for greece to come out of the years and i would say that you know by next theater i would say there is at least a probability did they greece exit the euro zone thinking about actually even if

they elect not in june a new government is going to try to get a forum and very comic situations are coming so sustainable that they will exit. and i would say that it could be good good for them as long as the exit is or the only. means of then there are mosques in the ratio a shown that acts for a common upright believe that is still a good old historic set of ballance of who is going to be damaged the banks damage the savings of people in the banks and that's why they need more funding to make sure that he's not these old billy meltdown and the contagion of the rest of the eurozone is mol this so if it's done they can see it that way and it's finance and he's all of the early probably. it's a manageable look on the bags do you think in the worst case scenario when greece for example exits the years and we see defaulting on its debt other countries in the peripheral europe also doing the same following its example do you think we might be going back to the so-called economic dark ages that we've seen for more

than a decade in europe in the thirty's well there is certainly a risk that the situation could become this or that in the eurozone like at these all of the early default an exit by. contagion with iran on the banks he made early in spain then they lose market and then they eventually have to restructure the diets and even that's not sufficient in a few years down the line they also ags of the eurozone in which case the eurozone you know all breaks up and you could have a significant european and a global you know financial turmoil and then you could end up like japan with long terms like a nation if you hold and other the pressure of interest and now all these things happening at the same time maybe as the low probability but there's a risk we have to conserve ourselves there's a chance that they get a peons get their act together and while the being number of years of of rediscover a side of bumpiness in fiscal condition about and surely you have more integration

more of a fiscal union and more of a bank you know that without his asian eventually probably you're doing and so instead of these integration you could have a process leads to great that. integration and eventually more stability for europe in the global economy do you think that's actually possible because europeans basically do not see much of a perspective of a political union because you know greeks and say swedes they do not align themselves together they do they think of themselves as separate nations some people are skeptical some people say they have no choice and every time there's been across in europe there's been a gradual bit more integration and there's no choice because the disintegration with imply massive economic and financial damage and even in germany i alone in a world economy without a rising power like china or india. or existing superpower like us could be economic and i just

a midget so some view is you know the europeans have to stick together to have their own weight in global economic and even political affairs many books including yours have been written as to the reasons behind the housing market collapse in the united states what about in europe would you put the most blame on and how much is brussels to blame for what's happening right now so you know sometimes people tend to say the eurozone problem is because of lack of fiscal discipline or fiscal recklessness that applies really the only only to greece yes there is a lie then cheat there then that there is a fifteen percent of g.d.p. and the deficit blow up and then that led to the fiscal crisis but actually in that in spain in the island was the private sector that the venture led to the problems of having to bail out the banks large their physical rate of the fiscal problem was all the fiscal problem the first place. so you know you cannot generalize there are different types of crisis within the eurozone not all of them were necessarily

driven by excesses in the public sector of several of them where they've been actually by excesses in the private sector because of poor regulations provision of the bank of says that a creator of a real estate than a. and a credit bubble what about the main economic power in the united states you said that economic growth would slow down next year to one one and a half percent do you think that also apart from slowing economic growth the united states runs the risk of seeing pretty much the same what's going on in the euro zone right now for no i don't think they'll be a fiscal cries in the u.s. even if the deficit than that of a large arising in part because u.s. can print money to finance is that this is something the europeans have long as i'm willing to rule because of the u.s. dollars in the currency so therefore in the matter of trying the rest of the emerging market these financing the large us his current account deficits now no

conflict which would be complacent over time if the u.s. were not to deal with his own fiscal problem because not of the lyrics then local given as eventually you could have a fiscal train wreck or a sudden stop of copy dollars and then financial tomorrow could happen the united states that are for whatever is the result of the action next year or whether it's going to be a president starting a plan that leads to a fiscal discipline of fiscal consolidation to be part of what the u.s. has to do you know to avoid the risk of something bad happening he was you know would have been later in the u.s. than other contraries but you could also have been us eventually do you expect the u.s. role in the dollar as role as a reserve currency to to continue as it is right now to maintain its positions and what is your take on the euro dollar rate because last year we asked you the same question and you said that you would not bet your money on the euro and you are right about now there is a generalized happiness way with the u.s. dollar that the tween us fiscal and current take on that say by the realities for

now there is not the. kind of the us dollar that's why people are still in this limbo on the second question the last year of the year was. close at one fifteen i'll go to one twenty five so you know they would all just fill in financial problems that it's a bag of break out that the girl should weaken and there's likely to weaken the only thing that could maybe stop that we can as of the eurozone is either the us economy come so weak that then the dollar weakens and the fed prints mani and then weakens the dollar or that finally the european get their act together that fund the ground plan that leads to a banking union fiscal doing and that mattel has a show restoring girl that. and other things that a store of hope that they eurozone is going to stay together in which case the util could start a game or among the main downside risks to the global economy you mention of course

a very slow economic recovery where do you see the new tigers mudge and what is the present role of brics nations this strong growth economy as the world of being an emerging markets until recently the brics but that i was sold some other rising power as you know turkey or in the knees you know or mexico's not just the brics and what concern is about the briggs and other emerging market is in all of them for the federal reserve and there's now a slowdown of growth you see it in china see iraq you see it in india in brazil in part of this because europe and the us sort of slowing down if not constructing but in part is because many of these companies and their way from market oriented go to foreign wars a mile below the world these are better for you as a state within a much government intervention economy much role of state owned banks than all the enterprises so much protection is too much resource nationalism and over time

that's a negative because of a slowdown potential growth it's going to lead to lower the long run we can only grow so more and about the brakes are actually going in the wrong that actually in the next few years that's a risk that we have to. and see that what about russia's specific role because recently you said the russia correct me if i'm wrong that russia should not be considered as one of the brics nations and the will never be included into the g eight if it continues with its with its basically protectionist policy what you know in the g eight you know your prize in the side the not the kind the g eight summit because he said he was busy creating his own cabinet there was a bit of a strange thing to do like a snob you know in the case of the briggs the ponies you know russia's potential growth to date based on the statements by the deputy governor of your central bank is the three and a half percent of the time in india recently were growing eight nine percent now they are slowing down so you have a county where you have low potential girl that where there is you know not as much

market oriented there was three reform you have aging of population there is a certain amount of lack of transparency that is some of that amount of corruption and there are some of tendencies in the political system that is institutional weaknesses of course that also is things you know resources good skilled labor force is allowed to con three could they play an important role in the global economy by the thing that the important role and that success is conditional on moving away from state cop delays and so the lesson is you know open up the trade to investment to cover the flows of course i've got i go with the regime which is not pugilists affair but then having a strong economy is thawing policy framework means that even it wouldn't times are bad then shocks would call from the rest of the global economy you're going to be able to back that up sort of the stocks rather than and putting into a severe financial crisis at the end that's the lesson thank you thank you very

much mr a pleasure being with you that.

the. line in motion would be so much brighter if you knew about someone from feinstein fresh in the sun. for instance on t.v. don't come.

headlines this from r.t. crowds of opposition activists rally in central moscow with agendas ranging from the far left to national extremist. violence intensifies across syria with you and observers point to get a spike in coordinated rebel attacks with government troops have to repel clashes leading to foreign powers increasingly hinting at intervention. but no room for refugees after promising to provide sanctuary israel begins arresting african migrants who fled violence in their homeland and actually plans to deport over four thousand people. the news in full in fifteen minutes now though sport.

hello welcome along the to the sports headlines here is what's coming up march day two russia can book their place in the last day euro two thousand and twelve later on tuesday as they take on the co-host poland did warsaw. the final countdown at the n.b.a. season it comes down to the miami heat and the oklahoma city thunder to begin their best of seven series later on tuesday. and a major injury the second major on the gulf in calif it takes off this weekend as the u.s. open takes place in san francisco. but for a stiff result to go their way russia could be celebrating booking their place in the quarter finals of euro two thousand and twelve later dick advocaat men take on co-host poland in warsaw on tuesday evening which is in the polish capital. it's going to be a huge night for russia on tuesday as they take on poland where a victory will be good enough to send them for you to the knockout stages but once

again dick advocaat will have a full strength score churches from zero zero no injuries you'll be looking for his team to continue perform at solving the czech republic for one last time out if. we've only played one game so we'll have to wait and see what happens in the next to me it was important for us to set the tone and when the opening clenched but that's all in the plan we're now focused on security all nine points by the end of the group stage. for russia will be looking to build on their excellent performance against the czech republic where at times they really were irresistible form especially attacking triumvirate and under their sharman islands a go of an alexander casual call of close as i'll shove it is finally managed to find his form again after a difficult start of year and are small really really was out of form but he was incredibly impressive against the czechs and is really key to russia's hopes at this tournament but he can be into. foreman trying terrorize opposition defenses has been some talk of perhaps alexander occasional dropping to the subsidies bench

after mr whole host of chances against the czechs in my opinion had actually decent game he was just one bit unlucky not to find a back of a noticeable number of davids chances would have gone in so to balance i can see him to come back out staying with the same side already a lot depends on it russia can play a pace and i think the poles are going to find it very difficult. although under a very strong team who have home advantage however we're confident that we can make things difficult for them so we know that if one of our players isn't playing well someone else has to step up and gave them the ability when. poland who are training behind me it's really a must win game or at least get a draw on tuesday against the russians are going to keep her alive making the knockout stages fans because we could only manage a draw with greece and their opening game as well as the poles are actually very impressive in first twenty minutes is because briggs a whole host of problems but unfortunately just one able to keep balance rhythm and fluid football going for the rest of the match and really now we're under a lot of pressure against group favorites to try and at least get

a result for russia they're going to have plenty of attacking tench of them selves trying to polish head coach was more than aware of. russia clearly the favorites in the group and we have a very solid experienced team with plenty of firepower that we haven't lost to them since ninety nine to six and coming up with a proper tactics for the match should hopefully help us continue that streak too much russia short of face an incredibly hostile atmosphere here when the match does kick off with around fifty five thousand polish fans cheering on their team but it is important to russians put back the back of the mind and really concentrating on getting a victory that will put them through to the knockout stages. warsaw well before that russian match the other two teams in group a go head to head to the czech republic of course looking to bounce back from the four one defeat to. two thousand and four champions greece also looking for their first win after drawing one one with poland in the tournament opening fixture. now over to the n.b.a.

hardwood where the season is reaching its climax is the two remaining teams prepared to go head to head in the playoff finals tuesday night sees the first match in the best of seven series between the miami heat and the oklahoma city thunder bron james and they were taken all the way to a seven time deciding game in the semifinal win over the boston celtics while oklahoma wrapped up their series against the san antonio spurs four two this erie starts in oklahoma with the hate looking to put last year's disappointing final series defeat to dallas behind them. i don't think we need more motivation last year is behind us this is a different journey we went through the pain we went through the valuation we went through the recommitment at the beginning of the year. we survived all these rounds we were very motivated group because of the opportunity. obviously how they will feel but i know how you guys really are. we will embrace this challenge.

but we're not we're not here just to be here we're here to win a championship or go all season long just like twenty twenty nine other teams. well the grass court tennis season gets underway this week with the queen's championship taking place in london but in the early mary's looking for his third victory in four years the reigning champion begins the defense of his title against frenchman nicholas meyer who wednesday a persistent back injury caused the twenty five year old problems at the french open recently the scot was eventually beaten in the quarterfinals but says he is fighting fit ahead of the grass court season. when a couple of weeks ago there was. pretty good but at the french open and. of the don't want to. manage to get a couple of days off which were. three and four weeks which really needed for my back and felt much better

a couple of good prices on the grass and the cell phone. and staying with tennis the annual legends exhibition in moscow has been abruptly halted after a heavy thunderstorm managed to spoil the party russian a tennis legend gave the company cough moderate suffering dementieva teamed up to play european stars such as granny research martina hingis a man threw a bar on me and it started off well with men's doubles kafelnikov and suffering is even he said about army beginning under the scorching sun the four players even enjoyed a bit of tomfoolery on the court to the delight of the crowd just after the russian g.o.i. ran out six to win as the skies opened to put an end to the whole show. real shea now the second goal from major on the calendar takes place this weekend the us open getting underway at the olympic club in san francisco on thursday is an intriguing prospect in store with the world's top players having also. heading into the

tournament fourteen time major winner tiger woods recently winning the memorial tournament for a fifth time while defending champion rory mcilroy was in contention until the final few holes at the st jude classic last weekend could be the fact that the course isn't used on the p.g.a. tour meaning none of the world's finest will be too familiar with their narrow tree lined fairways punishing rough and small undulating greens. but fair was tied if you drop the ball if you fade the board a little bit wider. for you but in order to make very shifted fairways you know if you hit into the rough it can happen then you can get home into it and if you're in the rough it's very difficult to stop the ball in those small greens so it's tough it's a challenge but you know that is what it is what you know and when you're coming is going to be one of the most difficult weeks. to motor sport now in two time defending a formula one champion sebastian vettel is getting a major head start on the competition for next year's american grand prix the

german stopping by a new jersey to test out the new circuit which will be added to the calendar in two thousand and thirteen the twenty four year old finished in fourth place at the canadian grand prix on sunday and decided to stick around on the continent afterwards the german forced to use a much tamer road car rather than his red bull racer with the road surface not quite suited for f one specs just yet vettel did manage to race in two thousand and seven which was the last time the event was held he was named a substitute driver for b.m.w. . and finished seventh. monaco is very special for us has a lot of history a cetera but i think this race is going to be very very great and very soon will be one of the races that you know every driver wants to win no doubt. and finally there's no more california dreaming for the los angeles kings the ice hockey side crowned n.h.l. champions for the very first time daryl such as men doing the business in style in

game six to win out for two overall a six one hammering of the new jersey devils on monday raising nineteen years of painful memories nine hundred ninety three the last last time they had reached the finals losing to montreal mccain's outstanding goaltender jonathan quick afterwards lifted the khans my trophy as the playoffs most valuable player. for that is all the sport for now but i'll be back with plenty more in a little under two hours time here on our take whether it's next. if you follow up on my day. going to the.

times are sort of a throwback and archaic part of our long. and it goes back to a time when people would lie down in their forces in the wild west and pick up these fugitives and putting them into the sheriff for prosecution there's no looking like company man going to. get me and when they go out there he's come weapons. and you have to hope that nothing bad. will and. we're chasing killers and you gotta keep that in mind how does it to me a dollar bill for his arrest. we're not superheroes we can be killed too you know they should be in the head i'm going to die. and. once you've hunted run you know never go back to hunt anything else.

we. more news today violence is once again flared up. these are the images the world has been seeing.