tv [untitled] June 27, 2012 12:30am-1:00am EDT
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welcome back here with here's a look at the top stories syria is now in a state of war according to the country's president as rebel forces push to bring the fight straight to us its doorstep insurgents drive towards the mask this comes as international efforts to appease and pressure the warring sides are stepped up. a u.s. senate pal approves a new bill on these a bans and sanctions against russian officials implicated in alleged human rights abuses in the latest diplomatic route to hit ties between moscow and washington. as london makes its final preparations with just one month until the olympic games officially begin this it is security operations are the
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focus of strong criticism. parties interviews up next and now with business presented me to maybe anchor interviews daniel yergin a pulitzer prize winning author and economic researcher on iran's ability to export oil and how it will be affected by impending sanctions. on the first of july europe will seize importing oil from iran and new u.s. sanctions will also come into place now to talk about how this will affect the energy market i'm now joined by daniel yergin he is the chairman of i.h.s. cera also author of the quest and pulitzer prize went to daniel it's a big pleasure to have you on the thank you so right now what we're seeing on the energy market is a downward trend although over the years of the economic turmoil two thousand and eight two thousand and nine and the following years we have seen oil prices pretty
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high what do you make of the downward trend today it's quite remarkable chris just three months ago all was almost one hundred thirty dollars a barrel and people said it was going to go to one hundred fifty and now it's been on this downward trend that has in a sense taken people by surprise and i think what it reflects is the reality of supply and demand in the market how it's changed and also what is really quite remarkable a trying day of relaxation almost or a calm about these very powerful sanctions that go into place on a rainy and oil because i think right now the kind of sense in the market is that there is alternative supply that will replace the iranian oil this embargo on imports of from iran is coming in at a very difficult time for europe because the european debt crisis which is looming and there's basically no light at the end of the tunnel so far. do you think europe is doing this at a very bad time is it shooting in the highlights i would say there was much more worry about exactly that question going to treat three months ago when it was
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thought that the result of this could be to send prices up rather than down and i think they are frankly i think the iranians thought that that was going to happen but there seems to be such a supply i question that unless some other surprising things happen there's enough oil out there in the market. that's going to replace it so that this won't necessarily be a penalty on europe and in fact what lower oil prices mean both for europe and the united states is like a big tax cut it actually puts money into the pockets of consumers and if anything it's it's a new it's a stimulus to recovery now the fact that europe is stopping buying oil from iran and china is becoming is a huge has become a huge player on the energy market biggest consumers of energy. a kind of it's kind of bringing iran and china together do you think europe might lose around to china i think one of the major themes in the quest is about how china has gone from being
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an oil export or not so many years ago to being the world's second largest oil importer and not of the economic consequences of that but the geopolitical consequences which you're talking about and i think in general what we're seeing is a situation where more and more of the oil for the middle east is going to flow east rather west because that's where the growth market is and something else that's very striking that's happened it just did not seem conceivable four years ago is the growth of production in the western hemisphere and that is a theme that is one of the dominant themes in the quest because it's this thing about unconventional oil u.s. oil production is up twenty five percent canadian oil production is increasing brazil's increasing and you start to see a world in which the western hemisphere in five or ten years will be more trading among itself and again what you're describing more of a shift towards the east for the middle east let's talk about these unconventional oil and gas the technologies right now shale gas has also become one of these
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shifting basically to shape all of the energy market but russia is not on the right i mean it were obviously the birth of shale gas it took a couple decades to actually have it happen but it probably is the biggest energy. innovation since we give this century it's transform the energy market the united states the u.s. was going to be a big importer of oil and he in fact was going to be importing l.n.g. from not only from the middle east not only from australia but from russia and now it's self-sufficient and now the debate in the united states is about l. and g. export are so big impact there. but i think russia as you know is often said to be the saudi arabia of natural gas and has so much conventional gas that shale gas is not relevant to it in the same way that it is and there are different you know different political authorities different have different attitudes towards shale gas but the other unconventional that is really having
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a big impact is what's called title oil and that uses similar technologies and you know the u.s. everybody always saw the u.s. production continue to go down imports go up the u.s. now is increased its oil production by twenty five percent and i noticed in russia now there's a lot of discussion about tight oriel particularly going back to places like west side period the established oil fields and using these technologies because for russia maintaining an increase seen its oil production is also a national objective. and nonrenewable resources and for many years many instances of the twentieth century twenty first century people have been saying that one day there will be a crisis of production that the world will run out of resources what do you think but this is been a very familiar question in fact in the eight hundred eighty s. both in the united states and in the russian empire people said in the eighteen
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eighties that the era of oil is just about to come to an end and of course we're still here and technology keeps opening doors and now natural gas resources are so much larger than they looked to be five or seven years ago and they're been mazie new natural gas discoveries off of east africa. so for all the oil the questions are not only the resource center ground but what happens above ground what kind of decisions that governments make and obviously the big challenge is the emerging markets what you spoke about before is trying to and meeting their demands so it's a challenge but it seems that the resources physical resources are there but at the same time we have to become more much more efficient in how we use our energy a much more efficient on the energy market let's talk about. other aspects that we have we have renewable energy we have nuclear energy which has also been changing especially to fukushima several countries have been saying they want to go away
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from nuclear energy what is the future of the new plant well i think that nuclear we should talk about nuclear and renewables i think nuclear the fukushima accident tremendous tragedy it's obviously japan was headed towards being fifty percent nuclear and now the question is going to be ten percent nuclear fifteen percent nuclear so if your plan is a real struggle about what it's going to do and the reason it went nuclear is it doesn't have very many resources of its own so now i think there's a big debate and really kind of a crisis of confidence about the energy future about the whole system of governance we've seen different changes different world germany after fukushima changed its mind said we're going to shut down our nuclear. russia continues to go ahead nuclear continues to go ahead in the united states to continue to go ahead in finland france is seventy percent seventy five percent nuclear so i think it depends country to country you have south korea building new nuclear power plants and so it's a very mixed picture and not what people talk about two years ago we talk about
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a nuclear renaissance it's a mixed picture of renewables is very interesting and i had a lot of fun in in the quest really trying to understand the rise and fall and rebirth of renewables and i talk about the rebirth of renewables because this was an industry. with great enthusiasm in the one nine hundred seventy s. a nine hundred eighty s. but it was very very small and technically mature renewable industry today is much more mature industry wind machines are much bigger solar costs are coming down but they're still more expensive and they still haven't got to scale so it's going to be a further evolution before i think that they really gain more market share unless you're a country like germany which says we're rich country we're willing to really subsidize these resources but i think they'll continue to grow and become part of the mix and i think the big changes in the energy mix probably won't come until after twenty thirty because of the scale of conventional energy growth and the
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needs of countries like china and india let's talk more about that let's just go hypothetical twenty first see what is the world going to look like where is it going to take i think. first of all though we know they'll be a lot of surprises and things that people didn't seek out mean that of course. that's that's a given but on basic numbers it looks like the world energy demand will be about thirty five percent more than it is today thirty five percent renewables will grow a lot but so will all natural gas and coal i think one big difference is that we're going to see natural gas market share because there is so much gas and we'll see it use more widely electric generation and even to some degree in transportation right how will that be also affecting the change in pillars of power you know the middle east will still loom large as because of the tremendous amount of resources that we will see resources developed elsewhere china for instance right now is putting
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a lot of effort into unconventional gas into shale gas so i think that will kind of development will continue even saudi arabia is looking for shale gas now in order to have use it in electric generation so they can free up more oil for export right daniel thank you very much thank you enjoyed it thank you. 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 on the real world. we want to present. something else.
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syria's noun a state of war according to the country's president is rebel forces push to bring the fight straight to the shot of us in store step insurgents drive towards a mask is comes as international efforts to appease and pressure the warring sides are stepped up. the u.s. senate panel approves a new bill on visa bans in sanctions against russian officials implicated in alleged human rights abuses in the latest diplomatic route to head ties between moscow and washington and moscow says a will retaliate by restricting entry for some americans if the bill gets the green light. as london makes its final preparations with just one month until the olympic games officially begin the city's security operations are the focus of strong criticism. for
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thankful you had a good morning to you and good morning and the potential match of the year awaits tonight a euro two thousand and twelve you've been doing your homework yes. speaking versus portugal in the us the verses are in all the real hard verses port this one is the first semifinal at the euros it's has it all indeed more not coming up in just a sec. thanks indeed for joining us this is indeed sports today and we have plenty ahead for you including the. iberian pride the first euro two thousand and twelve semifinal takes place later on wed and stay with older spain meeting neighbors portugal. net loss russian nicholai darva denko sees his wimbledon quest halted at the opening stage by scotland's on the murray. keeper of the flame the olympic
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flame which is sheffield with head of the london twenty twelve organizing committee sebastian coe doing the honors. for paul first for euro two thousand and twelve resumes in ukraine this evening world and defending european champions spain they put their title on the line against christianity and all those portugal in donetsk a partridge has more. the last meeting between spain and portugal was a friendly in lisbon where the home side triumphed four nil worst defeat for forty seven years elder frosty get back to brace though mrs wednesday's match with a sly injury but should be replaced by well made a netted goal number four this summer portugal finished second to germany in group b. and beat the czechs in the last eight each game getting better along with christiane a right now though the infuriated skipper was denied a super goal in that spain victory as an offside nani headed in on the line and rinaldo remains focused on reproducing his stellar platform at international level
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. playing with cristiano ronaldo is always a great source of satisfaction and pride he's among the world's best players a great professional and he's doing everything he can and the rest of the team is following suit in order to try and make it to the final twelve portugal are seeking their first major title after being stunned by greece in two thousand and four to leave rinaldo tearful however they fully fit spain should field for rail madrid colleagues. say hill ramos xabi alonso and alvira all the lower as well as a large barcelona contingent will attempt to stall the winger while maybe giving fernando torres and tape a chance to shine. it's not easy to stop and everyone knows this because he has scored three goals in the tournament thus far nicolas from but we also know that portugal has other stars like nani who is doing really well at this tournament and other quality players so we have to stop not just christianity.
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however despite easing three groups a spate have been criticised but dominating plate but not sparkling especially in the last to know when over france yet simply victory on wednesday would keep spain on track to clinching a unique treble defending their european title while still current. champions. we hope that spain will keep making progress and that our country will keep playing an important role in the world of football and we're going through a good phase right now you spent a lot of time looking for a style and now that we have found it some people do not like it but this style has allowed us to win games regardless some people will continue complaining about it yes yes i mean and so what's at stake for the winners of this much anticipated or iberian trash it's this a place in the final of euro two thousand and twelve here at the olympic stadium in kiev against either three time champions germany or nine hundred sixty eight win as
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easily on july the first kate partridge party ukraine. leaving football behind moving to tennis on to the grass courts of wimbledon where patrick of eight of us hopes of a second straight crying at the all england club picked up some pace on tuesday the spike the straight sets to check how to far from easy against a goal. of his pakistan for one time in the first giving to finally find a rhythm to a night six four six four the twenty two year old saying afterwards she felt nervous on center court. another player appearing jittery on the day with serino williams the american who saw her sister venus crushed in the first round earlier in the week forced to hunt on every ball in a six two six four win over barbara strike or. over the men's side of action another russian has departed the third grand slam of the season nick i never really getting going at all against andy murray scott murray winning his first match on grass this season but barely breaking sweat six one six one six for the final score
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the winner of the duty evil karlovic clash. while world number two rafael nadal needed a few more games to adjust to the surface going down for love in the first before eventually winning at seven six six two six. zero just one month to go until the start of the london olympics russian sports minister for telly stated third place in the medals table is the overall target for the country at a press conference call to announce the new structure of the russian sports ministry claimed it would be very difficult to finish ahead of the u.s. and china those countries dominated the previous games in beijing winning almost thirty percent of the gold medals and according to the minister russia's main rival in the bottle for the last podium place will be the hosts themselves great britain . putin come the show but most likely the british team will be a major pullmans and it's even in recent years we've been within the same range of gold medals in the summer olympics and at the last games in china literally full.
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time great britain will be hosting the competition in this league. big reduced for them you know. meanwhile the head of the london twenty twelve organizing committee has gotten his hands on the iconic olympic flame sebastian coe taking over the game's official torch keeping the fire burning see grant through the streets of his native sheffield nineteen forty eight london olympics gold medalist in cycling. passing the torch to ko for a three hundred track the distance barely a warm up for a coach who won fifty hundred meter gold on eight hundred meter silver at the one thousand needy moscow games before repeating the feat four years later in los angeles. the twenty twelve cliff diving world series got going over the weekend on the french island of corsica but although it was a new year it was an old time to came away with the wind as robert downey reports.
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diving from twenty seven mirrors this might be looking in same with the exception. but these guys it is something they cannot live without it's through the force isn't the clique diving scream of the crowd with their stunning skills on schildt. the first of seven stops for the red bull world series twenty twelve the french island of corsica. with a pre-season favorites the reigning champ and gary hunt last season's runner up or to go in the two thousand and nine serious winner or longer to get in the spotlight . last year in injury forced the colombian legend out of the competition this is an opener proved he was back in the game in force. with clearly the best performance of the day the thirty seven year old claimed the first stage win and the twenty twelve serious overall lead or longer the duke came back in style i
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wanted to make a comeback at least the same level that i was last year but. even though i want to win i wasn't expecting it you know i know the level keeps going up conditions are really tricky and i was able to to handle all that but you know just was really really happy i put a lot of time into preparing myself and i mean it looks like the results are are just coming back american still in libya claim his first world series podium with second place. with chad mikel number two edging no gear hound in the head to head round decision theory who've been really in practice and doing a lot of mental training with that as you see it paid off as only a couple points behind orlando it's and that's i mean is there an incredible me so just super stoked about everything and. it was a great location and morris a good member of the general. well this first first competition in this year. it's very difficult everybody everybody tries to push everybody tries to push themselves
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to doing and i really have been i finished third place rushes for term solution is one of those who try to find to his showcase in make it even more complicated and in one more twist to his famous arm standoff. this resulted in some mistakes during the so-called blind entry into the water and left the russian with only eighth place however a weak loose with a little reminder that it was suiting the who produced the most awesome high diving before this sport has ever seen the twenty eight year old claimed the highest scores he's three to win last season's final stage he knew green. party. and finally you know this summer silly sport season is in full flow in the world egg throwing championships take center stage being competition consisting of several events including two person through and catch a relay and of course the egg target throwing but the real excitement came when the
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world russian egg ruly took center stage each competition to choose one egg out of six five were hard boiled in the remaining one role as each egg was selected during the tense faceoff they had to smush it against their forehead the participant who selected the roy was eliminated and which minute jerry cohen eventually proving himself the most egg credible of. fantastic stuff and that is all your sport for now i'll be back in just under two hours time with more but now it's the weather here and twenty four hour r.t. . wealthy british style seinfeld's.
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markets why not scandal. find out what's really happening to the global economy in these kinds of reports on the skinny guy next big wheel chair let me just play by sunday night and i don't agree you don't agree we don't have to look for other names my son isn't isn't in there enough i don't know what has kept me up when he's trying to be for you shared. concern the country. is the country during which. the moon or in hope to help you find it. you find in so many old says war.
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