welcome back here with our team here is 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 bashar asad doorstep the insurgents' drive towards damascus comes as international efforts to appease and pressure the warring sides are stepped up. a u.s. senate panel approves a new bill on these abandoned sanctions against russian officials implicated in alleged human rights abuses in the latest diplomatic grouted ties between moscow and washington moscow says it will be tail lead 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 his interview is up next now of business presented to me tremendously 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 via chest sara also author of the quest and pull a surprise when i know 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 high what do you make of the downward trend today it's quite remarkable because just three months ago or oil 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 to relaxation almost or a calm about these very powerful sanctions that go into place on iranian 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 we've got 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 thought that the result of this could be to send prices up rather than down and i think the economy frankly i think the iranians thought that that was going to happen but there seems to be such a supply 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 my biggest consumers of energy. the 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 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 shifting basically the 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 being alan g. exporter 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 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 increase seen its oil production is also a national objective so it's a 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 when do you think

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 eighties that the era of oil is just about to come to an end and of course we're still here technology keeps opening doors and now natural gas resources are so much larger than they look 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 china 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 from nuclear energy what is the future of nuclear and well i think that a 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 such a pen 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 and 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 talked about two years ago we talk about 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. it with great enthusiasm in the one nine hundred seventy s. and one 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 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 see coming that of course after that 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 but we will see resources developed elsewhere china for instance right now is putting 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 but you. know. there hasn't been anything good on t.v. . it is to get the maximum political impact. before the source material is what helps keep journalism honest we.

we want to present. something else. more news today borland says once again flared up. saying these are the images the world has been seeing from the streets of canada. giant corporations are old today .

rushes to be soon which brightened. soon from finest impressions. his phone starts on t.v. dot com. the news a secret laboratory to mccurry was able to build a new its most sophisticated robot which all unfortunately doesn't give a darn about anything turns mission to teach the creation why it should care about humans and worry that this is why you should care watch only on the r g dot com.

culture is that so much of a given to each musician a person find that the market for the downing of a turkish military jet by syria may prove to be the tipping point allowing nato to force regime change in damascus those. are. at. the. edge.

syria is now in a state of war according to the country's president as rebel forces push to bring the fight straight to bashar lost his doorstep the insurgents drive towards the mask is comes as international efforts to appease and pressure from boring sides are stepped up. a u.s. senate panel approves a new bill on visa bans and sanctions against russian officials implicated in alleged human rights abuses in the latest diplomatic route to hit times between moscow and washington says it will lead by restricting entry for some americans if the bill gets the green. lights 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.

here a little later sporting action for us and the pain continues for russian man in the tennis world yet seems to do the right the women there doing very very well the russian men holding a lot of work to do another folding up the first stage of a grand slam again this time in wimbledon more not coming up in just a sec. thanks for joining us this is indeed sports and a plenty ahead over the next ten minutes or so including all this. iberian pride the first european football semifinal takes. a withholder spain going up against neighbors portugal. getting all for euro two thousand and twelve quarterfinal predictions correct the psychic elephant offers her thoughts on

tonight's. net. his wimbledon quest at the very first stage by scotland's. let's begin with football where euro two thousand and twelve resumes this evening in ukraine the world's undefended european champions spain putting their title on the line against christiane who are now those portugal in the nets a partridge has more. the last meeting between spain and portugal was a friendly in lisbon where the home side triumphed four nil no one has worst defeat for forty seven years elder frosty get back to brace though mrs wednesday's match with a thought i 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 . 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. portugal are seeking their first major title after being stunned by greece in two thousand and four to leave right now though tearful however they fully fit spain should field for rail madrid colleagues. said go around most xabi alonso and alvira all the lower as well as a large barcelona contingent will attempt to support the winger while maybe giving fernando torres and pay the chance to shine. it's not easy to stop and everyone knows this because he has scored three goals in the tournament thus far 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. however despite easing three groups see spain have been criticised for dominating play but not sparkling especially in the last two no win 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 hopefully more and we hope that spain will keep making progress and that our country will keep playing an important role in the world of football we're going through a good phase right now you spend a lot of time looking for a style and now that we have found some people do not like you 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 clash 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

winners easily on july the first partridge r.t. kiev ukraine. germany will be very interested spectators tonight the sides meet in the second semifinal on thursday italy getting there after a penalty shootout win over in mint thanks in part to storm andrea pirlo superb a chipped spot kick. and i just decided just before the penalty i think england played in a very careful way they were sitting back for the entire match like chelsea did in the champions league and i think their for them going to penalties was a good result so i'm sure the physical germany will try to end their winless run against the major tournaments midfielder passion swine shagger has been good to go as he deals with a recurring ankle injury the rest of the line up not as clear cut especially up front with mario gomez miroslav klose said thomas mueller. all seeking the

knowledge walking love are seeking a record fourth european title in this their eleventh. stay with football were english premier league side arsenal have got their man signing striker a live in a row from the gunners reportedly paying around twenty million dollars for the twenty five year old striker dros who made just three brief substitute appearances at euro two thousand and twelve for france was a top scorer with twenty one goals from thirty six games last season as they won the french one title boss arsene wenger will have high hopes for his latest acquisition ask the londoner seek to win their first trophy since two thousand and five. tennis into the grass courts of wimbledon we go where patrick of each of us hopes of a second straight crown at the all england club remained intact on tuesday the czech though having it far from easy against. pakistan four one down in the first key to finally find a rhythm six six twenty two will see afterwards she felt nervous center.

another player appearing jittery on the day was true in a williams the american who saw her sister venus crushed in the first round of monday force the one time every poll in a six two six four win over barbara starr called. it was a counterpuncher by no means but she was definitely being really aggressive in hitting drop shots and coming to the. he was good i mean if i ever play anyone like that throughout the term it was a great opportunity for me to play really. over in the men's side of the action another russian has departed the third grand slam of the season nikolai danko never really getting going at all against andy murray scott murray winning his first match on grass this season with a no nonsense display six one six one six four the final score it's the winner of the duty sell it you will part of it's much. 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 games to three. with just one month to go until the start of the london olympics russian sports minister vitaly mood co has stated third place in the medals table is the overall target for the country mikel claiming it would be very difficult to finish ahead of the u.s. and china who dominated the previous games in beijing winning almost a third of the gold medals and according to the minister russia's main rivals in the battle for the last podium place will be the hosts. of putin coming washable most likely the british team will be a major opponents in achieving our goals in recent years we've been within the same range of gold medals in the summer olympic sports and at the last games in china we were only full gold this time great britain will be hosting the competition in this league that should be a great boost for the. people of disease. and gulf for a sturgeon tiger woods is gearing up for the eighteen thousand national on thursday at tournaments which he founded on liver one in two thousand and nine the world

number four though knows that the focus is on passing jack nicklaus as did legendary mark of eighteen majors by winning four more of his own. but i understand how to i don't win major championships and the key is just give yourself chances that's the key is to myself opportunities on the back on sunday each and every time and us want to respond jack was so good at it i mean he he won eighteen but. think about it in a second one thousand times so he was there. are you going to. be there a lot chances are going to want to share i finally back to euro two thousand and twelve faction it's said an elephant never forgets the now it seems they're rarely wrong as well kruk most famous attraction sits has been protecting the i come off games throughout the poland and ukraine tournaments the thirty three year old got the results of all four quarterfinals correct using her very special method of choosing one of two melons city going against the bookies for tonight's clash

picking portugal to get one over spain despite having spent some time in the lottery. to spend a couple of for years seen up out of king spain so everybody expected that she's going to take to spain but probably. didn't want to be accused of for some kind of . sympathy and she decided there was. a controversial choice from let's see if she's right tonight and that is all your sports not whether it's an extra.

wealthy british style. is not on the title of. markets why not. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture.

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