free. free. free blog video for your media project free media dog r t v dot com. thank you for joining our tease that the weekly it's happened last hour and these are your headlines the euro survival is almost as great excuse between more cots and leaving the currency union polls are underway this sunday after last month's election failed to bring about a coalition government. to you one observer suspend their syrian emission due to brawling violence as both the regime and the rebels fighting all the opposition has orange the un to some the peacekeeping force into the country while

the rebels and the government have abandoned any comment to the cease fire. and objections cast their final ballots for their post revolution future but many are disenchanted with the chose speech wein a u.s. educated islamised and a former official. makes up r t a man who says he saw the global economic crisis coming the consequences of which are still being felt across the world. 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 light at the end of the tunnel and the crisis morphed into thousand and six was

a problem of too much that the leverage of the private sector households bangs financial institutions of corporate now as a result of the response of their cries is this called theme of those bailing out banks and others who had their massive surge in public that and that sits and now there is a risk of contraries as opposed to india be the world's or bangs going belly up qantas having solvent risk in the fold thing 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 or two to be leveraging that means to supplant elias to save more to reduce that over time and that implies a more economic growth high unemployment rate and some degree of social and political instability and happiness so we are still i would say. you know this slow economic growth difficult outride that

a session the eurozone that is call of a followed by government is going to stay with us for a number of years if you gave a percentage of a 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 that is at least a probability did they greece exit the euro zone thinking about actually even if they like now and doing a new government there is going to try to reform and very comic situations becoming so sustainable that they will exit. and i would say that it could be good for them as long as the exit is all of the only. means that then there are mosques in the known that actually called local believe that are sort of good old historic said ballance of who that be damage the banks damage the savings of people in the banks and that's why they need more funding to make sure that it's not these old believe and the contagion of the rest of the eurozone is mol this so if they could see it

that way and it's fine and said these are 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 the 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 these or that in the eurozone like at these all of the early default an exit by. contagion with iran on the banks he made the early in spain then there was market and then they eventually have to restructure the senate and that's not separation 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

a long term study nation if you and other the pressure of interest and now all these things happening at the same time maybe out of the low probability but there's a risk we have to ourselves there's a chance that they get their act together and while the being number of years of. fiscal condition are bad and surely you have more integration more of a fiscal deal you know more of a banking union that will proposition 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 do not align themselves together they think of themselves as separate nations some people are skeptical some people say they have no choice and every time there's been

a cries in europe there's been a gradual bit more integration there's no choice because that is integration with imply 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 they're just a midget so 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 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 fiske of reckless those that applies really the really only degrees c. has a reason to lie then cheat then that that this is a fifteen percent of g.d.p. . deficit blow up and then that led to the fiscal crises but actually in spain in

the island was the private sector that that eventually led to the problems of having to bail out the banks large their physical rate their 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 the binocular by excesses in the private sector because of poor regulations or because i'm of the bank of says that a creator of a real estate than a. in 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. i don't think there will be a fiscal cries in the us even if the deficit than that of

a large arising in part because u.s. can print money from us is that this is something the european central bank is unwilling to do because the u.s. dollar still letters of currency so the foreign demand of china that i thought emerging market is financing the large us. current account deficits no country could should be complacent over time if the u.s. were not to deal with his own fiscal problem because a lot of the lyrics then local even as eventually you could have a fiscal train wreck or a sudden stop of copy and then financial tomorrow could happen the united states that are for whatever is the result of the election next theater whether it's going to be a president starting a plan that leads to a fiscal discipline of fiscal consolidation to be part of the what the u.s. has to do you know to avoid the risk of something bad happening he was. later in the white house than other conferees 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. happens with the u.s. dollar tween us fiscal and current take on that say by the realities for now there is not. the us dollar that's why people are still in this limbo on the second question in the last year of the euro. close at one fifteen i'll go to one twenty five you know the overall fiscal and financial problem that it's been over breakout that the euro should weaken and is likely to weaken the only thing that could maybe . that we can have so the eurozone is either a us economy comes so weak then the dollar weakens and the fed pretty small and then weakens the dollar or that finally the european get their act together that

fund the ground leads to a banking. doing and that mattel has a show restoring girl that. and other things that are stored hope that the eurozone is going to stay together in which case you. were among the main downside risks to the global economy you mention of course very slow economic recovery where do you see the new tigers and what is the present role of brics nations this throng growth economies the world of being an emerging markets until recently the brics but that always sold some of the rising power as you know turkey. you know or mexico's not just the brics what concerns about the briggs and other emerging market is in all of them for the federal reserve there is now a slowdown of growth you see it in china see iran in brazil in part of this because europe and you are sort of slowing down if not constructing but in part these

because many of these companies are move their way. to get a form of towards them all the low growth companies about a further two as they state that he's too much government intervention they call on me too much of all of the state owned banks then all the enterprise is too much protection is too much of it and over time that's a negative because it's going to slow down potential gold it's going to lead to lower the long run we can only grow at the top of the brakes are actually going in the wrong that actually in the next few years that's a risk that we have to. say 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 when you know in the g eight you know your prize in this side the not to attend the g eight summit because you said he was busy creating his own cabinet there was a bit of a strange thing to do with like a snob you know in the case of the brig's the point is you know russia's potential

growth to date based on the statements by the that with the coming of your central bank is three and a half percent of the time i mean the until recently were growing eight nine percent now they're slowing down so you have a contest you have low potential girl that where there is you know not as much market oriented there was three or four of you have aging of population there is a certain amount of lack of transparency that is that amount of corruption. in the cities in the police got system that is institutional weaknesses of course that also slang in general or a source is good skilled labor force is allowed to 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 flows of course i'd go with

a regime which is not pugilists affair but then having a strong economists thought on policy framework means that even it wouldn't times are bad then shocks would call from the rest of the globe what i call me going to be able to back that up sort of those chalks rather than and putting into a superior financial crisis i think that's the lesson thank you thank you very much mr leisure being reviewed. if you're followed up on why do you. want to turn it on a 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 important into the sheriff for prosecution go look at what company

made. them and when they go out there he's got weapons. and you have to hope that nothing bad. but we're chasing killers and you gotta keep that in mind others that to me a dollar bill for his arrest. without superheroes you can be killed to you know if they shoot me in the head i'm going to die. and. once you've hunted len you and i'll never go back to the know anything else.

hero survival is on the line. between more cots and leave the currency union polls are underway this sunday last month's election fail to bring about a coalition government. if you want. observers suspend their syrian mention to growing violence as both the regime and the rebels fired on the opposition house arms the un to send the peacekeeping force into the country while the rebels and the government have abandoned any commitment to the cease fire. and the gyptian is cast their final balance for their post revolution future but many are disenchanted with the choice between a u.s.

educated islamised and a former official. policy or next with sports. thank you very much karen welcome back to the world of sport here is what we've got coming up over and out for russia heading home after a surprise one nil defeat to greece sees them exit euro two thousand and twelve for the greeks which the last leg to. the top graeme mcdowell and jim furyk share the lead heading into the final day of golds u.s. open. all square miami and oklahoma prepare for game three in the n.b.a. playoff finals with the series tied up one win apiece. but first russia out of the european football championship because men only needed

a draw against greece to progress to the quarterfinals but as richard done poorly reports that was a stretch too far. for sure our service has been taught in championships offer an incentive to play against greece well the greeks have one thing that they want to do not just offended numbers and try to get russia on the counterattack by media play a big game plan work around solutrean each on the sort of half time speech in the russian defense a liar coming on it's a free ride on mower and is shot from the back of an attempt to give the greeks the lead russia one played badly but they didn't play well either they just weren't able to create anything in attack to be honest i'm not one major major problem long of a game went on russia before shooting for the greece defensive display was just absolutely fun times that they gave russian no to spain swan so whenever you really want to just get credit for greeks the way they played they were able to hold on to the turning the hundred and i go i was on the pole the men's the czech republic they

were able to beat poland by a goal to nil but really really depressing scenes really for the russian players at home had started so well but unfortunately they are now under storm and. well as richard mentioned russia's fate was sealed by the czech republic to be poland one nil to claim top spot in the group a fate agenda changed with the goal in that one so the czechs and greece progressed the two thousand and four champions does throw off the finishing second despite starting as a bottom of the table while russia with top what a difference ninety minutes can make. them all there's a mouthwatering pair of green bay matches later on sunday the netherlands in particular they're in the spotlight they're under the real threat of being eliminated in the group stages for the first time since one nine hundred eighty take part which has more. holland versus portugal rotterdam october the sixteenth one thousand nine hundred ninety one a year or ninety two qualifier richard viguerie gets his priceless first and last

international goal as the dutch when one nil to go through to the finals this was the netherlands only win to date against portugal and on sunday burton of excite have to score at least two goals more than their bogey side to stand any chance of reaching the knockout phase of euro two thousand and twelve after finishing runners up at the world cup the dutch breezed into this summer's tournament as one of the favorites but a short one nil opening defeat to denmark being played two won by old foes germany means the irani have lost their first two games at the euros for the first time they now face a do or die last game in the group of death and hope germany do them a favor by beating the danes. christan a row now though isn't portugal's only threat as everyone knows they have a lot of other good players their team is also well organized which is a huge advantage to the dutch one only one of the last ten meetings with portugal and failed to score in the last six while forty six shot so far in this tournament

with a return of just one goal is a damning statistic with the necessary to go cushion in mind that might start with clash on huntelaar who scored twelve goals in qualifying and rattled under van't as the dutch go for broke now what the cause of the show is that the difference is that we're left with only one game and when it comes down to ninety minutes anything can happen meanwhile portugal are fully fit and historically blessed they're the only country in european championship history never to have crashed that in the group phase and all of those ten encounters with the dutch they won six even more worryingly for holland is the fact they're on the verge of losing three straight matches for the first time since one nine hundred ninety and the country that inflicted that third defeat on them one will result in the european qualifier portugal but current coach paolo bento is aware that historical success doesn't equate to future results. i wouldn't be here if i didn't think we

can win we will use an attacking strategy for the entire ninety minutes there's hardly another way for us to win and everything will come down to the quality of our game and the execution i think that the result will be favorable and then we can concentrate on the next stage portugal's prospects of progressing from group they are much brighter after their late three two win over denmark they only need to better the danes results to reach the last eight though some defensive frailties could be exposed by the dutch this could be counted if captain christiane iran now though finally reproduces some of his scintillating domestic four despite scoring forty six legals for real madrid last season known as his ten attempts so far in this tournament and found the net the dutch media savaged the national side after the two one defeat to germany and no country has ever reached the knockout phase after european championships after losing the first two matches but as an england proved against sweden well besides can't be beat maybe the dutch can make that

a double partridge r.t. . meanwhile germany say they'll have to be careful against denmark despite needing only a draw to finish top of group b. the germans holding their final training session in love on saturday where they top the table they could still go out of the competition to think by more than a goal against the danes i'm victory for portugal over the dutch would send them home early. well there's many possible permutations in green bay the easiest way to explain it is that all four teams can still reach the quarterfinals germany and portugal only draws to see them through. to the greens now where it looks set to be a nail biting and the second major of the golf in the season graeme mcdowell and jim furyk sharing the lead following day three of the us open the olympic course in san francisco is regarded as one of the toughest tests the sport has to offer for one of the overnight leaders it certainly lived up to the tiger woods crowd in a full six bogeys. to life five shots off the lead however the only place to

actually make the lead is american who won the u.s. open nine years ago looking good with a birdie on the seventeenth while another former champion ice northern irishman recaptured some of his two thousand and ten form to share the lead with on a one under par of the day though came courtesy of a man playing in his first ever major jumping to send hole in one of the thirty certainly one to remember. now with the famous wimbledon tennis tournament starting in a little over a week the grass court season is in full swing wildcard home favorite german tommy haas is taking the first set of the tiebreaker greats five time champion roger federer at the open final and a short while ago the world number two was number three story was for three up in the second meanwhile in london marathon in two thousand and two wimbledon finalist david nalbandian played in the final of queen's that match gets underway in a few minutes time. basketball where the n.b.a.

finals between the oklahoma city thunder and miami heat regimes on sunday night the best of seven series now moves to miami for the next two much is game three there on sunday night it's one one with a pick me up a vital away win in a game erik spoelstra the man running out one hundred ninety six when is lebron james the top school for the hate with thirty two points. finally a southern hemisphere rugby nations have demonstrated their superiority over their northern counterparts for a second straight week while champions new zealand getting the ball rolling against ireland in christchurch the first match there since the two thousand and eleven earthquake the all blacks had demolished the men in green in the first of their three tests last weekend but the visitors gave the world champions more of a contest this time around taking a ten mil lead at one stage in the first half thanks to chrono murray's try he's even though got right back into it through the boot of down card. they key ways to

late for the first time shortly after the break alan smith the man going over forty three minutes and it was touch and go from then on end with the schools tied at nineteen old minutes from time the q. man of the match caught at a break irish his drug taking share in the weight goes on for ireland to register their first ever win over the old blacks twenty two nineteen the final score. south africa meanwhile have won that series with a legend william alberts i mean the school going after a mix up in the england scrum the springboks dominates in the first half going in at the break twenty five ten out of strife and be smart to plessis the second of three in the opening forty minutes and then hit right back in the second period the flood in particular to the full by the hundred side would hold on for a thirty six twenty seven wind. to an thrilling finale in melbourne as australia beat wales george north starting things off for the visitors with a try just three minutes in row poll however helped rally the wallabies with the home team going in the right thirteen seven up the six nations champions that i

would lay twenty three twenty two with a minutes ago but were punished for collapsing the scrum michael harris to step up a converted penalty in overtime for twenty five twenty three when. very very cruel on the welsh not the fake now it's all the sport for now i'll be back with plenty more in a little under two hours time join me then what is next. there

hasn't been anything yet on t.v. . it is to get the maximum political impact. before source material is what helps keep journalism honest we. we want to present. something else.

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