and broadcasting the live earth from our studios recapping the top stories this is are we let's get right to your top headlines right now. conservatives oppose a poll bailout government has made claim a narrow victory with almost thirty percent of the vote leaving the main left wing rivals behind this could mean that coalition between new democracy and its allies the socialist party. polls have closed on the final day of egypt's presidential election but often the islamist candidate declaring himself in the lead meanwhile

the ruling generals effectively give themselves lawmaking powers are raising fears that the old establishment is still in charge. and the syrian turmoil takes another turn or if you want observers suspending the mission due to an escalation of violence that says the head of the monitors demands that both sides of the conflict allow the evacuation of civilians from combat zone. the effects of the global economic crisis are still being felt right across the world and the person who predicted it. mr beattie 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 krises more of in two thousand and six was

a problem of too much that the leverage of the private sector households bangs financial institutions on corporates now as a result of their response or their cries is this called theme of those bailing out banks and others over their massive surge in public that and their facades and now there is a risk of contraries as opposed to in the be the world's or bangs going belly up qantas having solvent risk and the faltering as already happened in greece and unfortunately when you have to watch private in public that it takes a long time up to a decade or two to be leveraging that means this planet has to save more to reduce that over time and that implies that more economical high unemployment rate and some degree of social and political instability and happiness so we are able to i would say. you know this slow economic growth if not outright

a session the eurozone that is called the 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 euro zone i would say you know by next year and i would say there is at least a probability did they greece exit the euro zone thinking about actually even if they like not in june a new government is going to try to form a very comic situations becoming so sustainable that they will exit. and i would say that it could be good good for them as long as the exit is all of the only. means that then there are mosques in the shown that actually called local believe that or store a good old historic set of ballance of course they'll be damaged the banks damaged the savings of people in the banks and that's why they need more funding to make sure that payson all these old believe and the contagion of the rest of the eurozone is mall there so it is them niggas see it that way and it's fine i 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 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 dog cages 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 they made early in spain then there was market and then they eventually have to restructure the and that's not sufficient in a few years down the line they also exude the eurozone in which case the eurozone you know breaks up and you could have a significant european and a global financial turmoil and then you could end up like japan with long terms

like a nation if you and other the pressure of interest and all these things happening at the same time may be out of the low probability but there's a risk we have to consider ourselves there's a chance that they could have peons get their act together and while being number of years of. fiscal commission about and surely you have more integration more of a fiscal union and more of a banking union that will probably zation eventually probably you're doing your own soul instead of these integration 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 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

a cries in europe there's been a gradual bit more integration there's no choice because these integration would imply economic and financial damage and even in germany i alone in the world economy with a rising power like china or india. or existing superpower like us could be economic and they're just a major it so is the other 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 problems because of lack of fiscal discipline or fiske of reckless that is that applies really the only only to greece yes it's a reason to lie than cheat that this is a fifteen percent of g.d.p. . deficit blow up and then that led to the fiscal crisis but actually 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 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 prevented by excesses in the public sector of several of them where the binocular by excesses in the private sector because of poor regulations provision of the bankers is that a creator they realize they are. 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 in the house but sent 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 would 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 for us is that this is something the european central bank is unwilling to do because the u.s. dollar still has a currency so therefore in the mind of that i thought emerging market is financing the large us face and current account deficits. 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 a fiscal consolidation to be part of the what the u.s. has to do you know to avoid the risk of something bad happening you guys you know happen later in the us than other contraries but it could also have been us eventually but 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 that when the u.s. is going to take on that say the reality is 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 be. that we can as of the eurozone is either the u.s. economy come so weak that then the dollar weakens and the fed pretty small me and then weakens the dollar or that finally the european get their act together they

find the ground leads to a banking union doing and that i'm told is a show restoring girl that. and other things that are stored hope that the eurozone is going to stay together in which case the euro. again are 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 and and what is the present role of brics nations this throng growth economies the world of being an emerging markets until recently the breaks but it always sold some of the rising. turkey or indonesia you know or mexico's not just the brics 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 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 weight. to form the floors of all the low growth companies but out of her to as they state that he's too much government intervention they call on me too much for all of the state owned banks they know and their prize is too much protection is too much resource not sure what it is and over it 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 all be grown up mordred about the brakes 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 that kind 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 with the governor of your central bank is three and a half percent of the time i mean the recently were growing eight nine percent and now they're slowing down so. you have a low potential girl that where there is you know not as much mock of those three or four you have aging of population there is a certain amount of lack of transparency that is that amount of corruption there. in the cities in the political system that is institutional weaknesses of course that also is things you know 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 got their ways and so the lesson is you know open up the trade to investment flows of course i've got i've got

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 global economy you're going to be able to back that up sort of those shocks rather than and cutting into a severe financial crisis and that's the lesson thank you thank you very much mr leisure being reviewed. if you're followed up on my death scene you're going to the good. times are sort of a throwback and archaic part of our long. and it goes back to a time when people would write down their forces in the wild west and pick up these future days and putting them into the sheriff for prosecution there is no longer

one company may follow suit. and when they go out there he's got weapons. and you have to hope that nothing bad can. put. forward jason killers and you got to keep that in mind others the two million dollar bill for his arrest. we're not superheroes you can be killed to you know they should be in the head i'm going to die. once you've hunted man you'll never go back to hunt anything else.

conservatives and propose a pro bail out of government as they claim a narrow victory with almost thirty percent of the vote leaving the main the left wing rivals this could mean a coalition between new democracy at its allies has the socialist powers. party. polls have closed on the final day of egypt's presidential election but off with he is one this candidate declaring himself in the lead meanwhile the ruling generals effectively give themselves a law making powers raising fears that the old will stop a still in charge. of the syrian turmoil takes another turn with you and observers suspending their mission due to an escalation of violence that says the head of the

monitors demands that both sides of the conflict allow the evacuation of civilians from combat zones. paul has all the. well i welcome along to the sports headlines here as well as coming up. russia's rebuilding process begins as they arrived back in moscow following their surprise only accepts for euro two thousand and twelve. making a racket david nalbandian is disqualified from the queen's club final after a kick in frustration is a line judge with a cut to his leg. crash course anthony davidson walks away from this collision in the long twenty four hour race as the dominate with a one two three on the podium. but let's start with euro two thousand and twelve

where germany and portugal have booked their place in the quarterfinals meaning the netherlands and denmark knocked out in the group stage brace from christiane i rebelled oh how portugal come from behind against the dutch after rafael van der vaart to put van marwijk men ahead in the. it's the first time since nine hundred eighty the dutch are failed to reach the knockout stages portugal will play the czech republic in the last. game or germany are the any team with a one hundred percent record after a two one win over denmark lukas podolski put them ahead and for michael cross delhi to level the law has been destroyed with ten minutes to play secured the winner blocking the last man now thanks. well russia already out of course the kind of accounts man suffered a surprise one nil defeat to greece on saturday all correspond to which of important analyzes where it all went wrong. russia's interest of european championships aided for another four years may crash out of euro two thousand and

twelve after a surprise defeat to greece we managed to beat the russians by a goal to nil that will seoul has been a strange colman for russia which started so well before one victory against the czech republic in the role small of other shows make so i'm hopeful playing free flowing football which really cool the chicks off god and off of my game russia retire which is one the favorites perhaps when they stole a men's things would jump or to get progressively worse fate played out i'm ok performance against poland full of greek catastrophe which showed russia crushed out of a tournament. lol where does the blame i was against greece for instance i had twenty five shots at goal but did fail to scole colleagues on the cancer called height of fourteen shall share the hole to lament but yet fail to get even one on saw gets quite a few of the big name players really failed to turn off against the greeks in a final match andrea shaaban offer a bright opening was very quiet called on one cheryl cook was excellently handled

by the greek the fans so the win now for the russian side well they'll have to find a new head coach travel so off the deck of the card said that he'll stay down off of the told him and finish is good though turn to well it's not really all known at the moment so all the way to get science is being touted as a possible successor and of course he'll know the serious car plays in a side specially alan's a go if not a funtastic coleman scoring for you goals and he will really be full chroma busy rushing side rush treatment of a tall man with the oldest team out of over sixty nations competing kind of an extra few months i think quite a few of these players will retire and it's left to see how many will be competing when the qualification campaign takes place to try and qualify for the world cup in brazil in two thousand and fourteen a very much fun it's going to be a process of rebuilding for the russian national side as a lot of the old are gone. some of maybe drop some trying to bring in

a younger generation of play is this is where parents russia's biggest problem lies there are many younger players knocking on the door ready to get a starting spot in the russian national team pick up the cats policy was to stick with the old guard so getting so well and help the russians gets beside me finals and also in switzerland four years ago but with so many of the players around for thirty years old there really is a need for new blood time so i think a lot of those hopes will be resting of course on. a really fantastic coalmines obviously massive disappointment russia heading home much earlier than they have wanted so you've ever so much exception after the game with the czech republic but unfortunately they just couldn't play to the same level of a data modeling game. but going home. richard pombo if we don't see warsaw. well russia's fate was sealed by the czech republic in the one nil to claim top spot in group a. with a goal of not one so the czechs and grace progressed to the quarter final. now to

tennis and roger federer his preparations ahead of wimbledon have been dealt a blow the world number three has suffered a surprise straight sets defeat to german tommy haas in the opening germinate federer is a five time champion and went into the final as overwhelming favorite against the man competing at the tournament after being given a wild card entry for the former world number two now eighty seven in the rankings now and he took the first set on a tie break before wrapping up a seven six six four win in just over an hour and a half. meanwhile there was real drama queens i've remained to indulge in time that david nalbandian was a setup that is now in the final when in frustration he kicked an advertising hording injuring a line judge the umpire took the decision to disqualify the two thousand and two wimbledon finalist comment by default. the title went to his post.

a mistake and apologize. to the guy who didn't want to do that but sometimes you get angry sometimes. you cannot control that moment that many times happens to me maybe you threw a record or maybe you scream or maybe you something that so many times happens but that kind of moment now in moto g.p. who has won the british grand prix to extend his lead over closest rival casey stoner to twenty five points in the current standings the spaniard who started off on the grid overtook the reigning champion with nine up to go i would never look back gradually increasing his advantage in the final few laps stone held on to second spot with his honda losing more than three seconds to the winner of the australians to make danica gross complete to the podium in the same trio top the current standings in the same order. with me.

and wonderful. fortunately for us. i got a little bit at brandeis in my pace so it's wonderful we are making but. something now saw things a lot too that was off. now to motor sport of a different kind then there was a dramatic conclusion to the lamont twenty four hour race audi dominated taking all three places on the podium the same way to successfully defend the title they won twelve months ago their victory was a first for a hybrid powered car the second team lived up to their name and came in just behind their teammates while another audi car also came in third however the real drama came in our six when anthony davidson ran into a barrier following a collision with ferrari's the parrot xeni davidson got out of the car on a did and was taken to hospital tests revealed breaks to his vertebrate although he is expected to make

a full recovery. and finally to athletics where these now meant schema more meeting has concluded here in moscow the annual event is part of the i w a f the world challenge calendar and attracts athletes from all over the world as michael christian kyra ports. scheme and moral athletics competition held in moscow every year has attracted athletes from over fifty different countries but while competitors from all over the world attracted to an event held fifty kilometers outside the russian capital that's because it's held an a.f. status since two thousand and is now also one of the associations world challenge meetings it's also a very old competition now it's interesting to note that this particular event was actually established over fifty years ago in honor of two soviet champions in long distance running and serafin it's namin ski now the event itself has been held in various locations but it's been

a staple fix to here ins namin ski just outside of moscow ever since this rather impressive meteoric stadium was built the competition features races over distances from one hundred meters to one thousand five hundred meters it also includes javelin throwing short porch and other olympic events in the high jump recently crowned russian champion irina gold of the of a couldn't better norway's tanya angus and nor could she top of her personal best of two point zero two meters but she was still full of praise about the event as a whole that was i think they've done a really good job organizing this event and the weather has been fantastic personally i didn't do so well today the bar wobbled and then fell but that aside i do really like this event olympic champion. participated in the one thousand five hundred meter distance run but failed to make the top three while olympic medal hopeful. says

a hectic recent schedule has proven to be energy sapping. it's really a tough i mean i've been running all week culminating in participating in this competition so it's definitely drain my and angie so it also fast your overall speed average which i've been working on during training. but as the older generation draw nearer to hang up their boots it's the stars of the future that are beginning to catch the eye. of a beat both to claim first place in the one thousand five hundred meter race improving a whole seventeen seconds on her previous personal best and barely off the track she was already thinking about russia's national championships to be held at the end of june. i think the level of preparation will be very high for the russian championships everyone is getting ready for it the eight hundred meters race is very difficult and it's very popular in russia but of course i'm hoping i can land in the top three you noted secure a ticket to london but it will be tough i'm still very young and i will be facing

many more experienced athletes it's an olympic year so you'd be forgiven for thinking athletes would want to focus soley on those games without extra competitions that could distract or lead to injury but when sport is your passion the consensus among athletes is that of any person who wants success the more you try the bigger the chance you'll succeed mark of genco r.t. moscow region. that is all from the world of sports and now all those plenty more later here in r.t. whether it's next.

for. the. blind in russia would be soon which were brighter if you knew all about sun from finest impressions.