still. stunts on t.v. don't come. in the afternoon here in moscow this is are you just in time for the headlines now an attack on a regime news channel in syria kills seven this after president assad declares on national t.v. the country is in a state of war the government raided the headquarters of the privately owned t.v. channel twenty kilometers outside damascus early on wednesday. a u.s. senate committee passes a bill which imposes travel and economic sanctions on a russian officials believed to be implicated in human rights violations the route was sponsored by the death of lawyers sort of wild in russia in custody in two

thousand and nine. the security operation for the london olympics is under fire for overshadowing the sport and the games organizers are also criticized for flaunting battleships on the rockets while it seems the olympic park is still easily open to attack. our next hour of business presented to me treatment think o. interviews daniel yergin a pulitzer prize winning author and economic growth the focus being iran's ability to export oil and how it will be affected by impending sanctions this is art. 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 chest hair and 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 for the 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 itself 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 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 a 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 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 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 speaking of this century it's transformed the energy market the united states the u.s. was going to be a big importer of l.n.g. in fact it 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 the russian now there's a lot of discussion about particularly going back to places like west side stablished oil fields and using these technologies because for russia maintaining an increase seen its oil production is also a national objective. 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 eighty's 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 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 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 renewable energy we have nuclear energy which has also been changing especially. several countries have been saying they want to go away from nuclear energy what is the future from nuclear and 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 such a 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 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 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 revolution 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 in the needs of countries like china and india let's talk more about that let's just go hypothetical. 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 make 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 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 i could. just give me can i speak we'll sir. let me let me explain my son died in iraq i don't agree you don't agree we don't have to live forever my son isn't isn't in the

arena i don't know what is kept we are going to strike before you are fairly. sure the country. is the country your ears. hope to help you find that. you find in so many old says war and meet some sense. since.

he. wealthy british style. sometimes guys find. markets finance scandal. find out what's really happening to the global economy

with max conjure for a no holds barred look at the global financial headlines tune into cars a report on our. culture is that so much of a given to each musician of ours and find the mark when the downing of a turkish military jet by syria may prove to be the tipping point allowing nato to force regime change in damascus the.

headlines on r.t. and pro regime news channel in syria kills seven this comes after president assad declares on national t.v. the country is in a state of war and the government raided the headquarters of the privately owned by the t.v. channel twenty kilometers outside damascus that was early on wednesday. a u.s. senate committee passes a bill which imposes travel and economic sanctions on russian officials it believes to be implicated in human rights violations by the route was sparked by the death of lawyer surrogate magnitsky while in russian custody back in two thousand and nine. the security operation for the london olympics is under fire for overshadowing the sport or the games organizers are also criticized for flaunting

battleships on the rockets while it seems the olympic park is still easily open to attack. are now time for the headlines of the action from the world of sport with paul. thank you very much rory welcome to the sports headlines here is what we've got coming up for you. aiming high spain and portugal touch down and don't yet head of the euro twenty twelve semifinal later on wednesday. net gain of maria sharapova in wimbledon quest continues as she prepares to take on spot on a put on cover for a place in the third round. and a steady hand to meet the georgian pistol shooter preparing for an amazing seven limpet games appearance. but first a football where the first euro two thousand and twelve finalist will be decided

later on wednesday world and defending european champions spain but in their title on the line against neighbors port you go into one yet ok partridge previews the action. 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 thaw injury but should be replaced by el maida 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 rinaldo tearful however they fully fit spain should field for rail madrid colleagues. said xabi alonso and all of our all the lower as well as a large barcelona contingent will attempt to stall the winger while maybe giving financial tories and pay the chance to shine. it's not easy to stop and although 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 them and not just christianity. as well however despite easing three group c. 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 we hope that spain will keep making progress and that our country will keep playing an important role in the world of football i mean 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 it 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 all 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 winners easily on july the first kate partridge r.t. kiev ukraine well actually in germany have a vested interest in who will progress this evening the sides meet in the second

semifinal on thursday italy getting there after a penalty shootout win over england of course thanks in part under a pale as confident chip penalty. now that you understand the culture 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 that for them going to penalties was a good result so i don't think it's because what do i call germany maybe i'm beaten at euro two thousand and twelve but they've never beaten italy at a major tournament midfielder bastian schweinsteiger has been declared fate as he deals with a recurring ankle injury the rest of the line up not as clear cut they were especially up front with mario gomez miroslav klose thomas miller and lukas podolski all in the hunt for a starting place working last man seeking a record fourth european title. well if the term is now a day three of wimbledon will witness several russian players vying for a place in a round three maria sharapova search for a second all england title continues as she faces for target put on cover of vogue

area catherine in a court of attacks on the eight seeded german angele. nina who knocked out venus williams in the first round faces another tough test in third seed agnes got advance got poland four time grand slam winner kim clijsters is also an action her opponent is andrea clover of the czech republic. well in the men's draw six times champion roger federer is up against italian fabulous folk meaning you right now he's five one up in the first set while the one novak djokovic plays right harrison of the usa later on well compared to ryan sweeting is now going face to face with eight seeing young hope tips out of which you can see two two in the first set out in time one monaco meanwhile is taking on frenchman jeremy shari that one has just gone into the fourth set. more petrovich his hopes of a second straight crown remained intact on tuesday and she booked a place in the second round the czech having it far from easy against our goal and one more out of pakistan for one down in the first derivative finally found her

rhythm to win six four six four twenty two year old admitting afterwards she felt nervous on center court. another player appearing jittery on the day was serena williams the american who saw her sister venus crash out in the first round on monday forced to work hard in a six two six four win over struck over. i don't think it was accounted means but she was definitely being really aggressive in hearing jump shots and coming to the . hero's good i mean anyone you know the term it was a great opportunity for me to play really. well over in the men's draw another russian has been knocked out and i never really got going against fourth seed andy murray murray winning his first match on grass this season with a no nonsense display six one six one six four all the final score now makes the winner of the do the same evil college match. for 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 out seven six six two six three against brazilian thomas baluchi . now few athletes can boast the longevity of one nino day the georgian pistol shooter preparing for seven games and to carry her country's flag at the tender age of forty three many of her upcoming opponents were even born when solid rides a burst on to the olympics in one thousand nine hundred eighty eight that's when she wanted gold and silver for the soviet union in seoul before two decade long olympic podium drought would then secure bronze in beijing in two thousand and eight where some things never changed she is still coached by her father paralympic run is in the longest such streak close a lot hubert wrote that she and showjumping have appeared in a remarkable nine eleven games. time for one and then pick a veteran to another forty year olds who are janet evans has failed in her attempt

to qualify for team usa in the four hundred meter freestyle evans who won her first of four gold in seoul twenty four years ago as one final attempt to qualify in the eight hundred meters this weekend. i was actually more nervous than ever because i was talking about has been about it's such a different. situation because when i swam a trials before and it's like i knew i'd at least get the finals that you know i knew i knew i had a meeting with a good second or whatever you know what i mean so it's such a it was a very different mental game coming into this for me just wanting to swim. now and go for surgeon tiger woods is gearing up for the eighteenth tee national on thursday a tournament which he founded on late two one in two thousand and nine the world number four also with one eye on next month's british open as he seeks to make inroads on jack nicklaus's legendary mark of eighteen majors which currently four shy of that amazing tally. i understand how to i win major championships and the key is just give yourself chances that's the key is to myself opportunities on the

back sunday each and every time and us want to resupply jack was so good at it i mean if you want to eighteen but here you think about who finished second in one thousand times so he was there and how are you going to know but if you there are a lot chances are going to share. now finally back to euro two thousand and twelve and it said that an elephant never forgets now it seems they're ready wrong as well as most famous inhabitants sita has been predicting the outcomes of games throughout the poland and ukraine tournament the thirty three year old got the results of all four quarterfinals correct using the method of choosing one of two melons with the team's name shown below them to go against the bookies for wednesday's clash picking portugal to get one i was playing despite a connection to the latter. to spend a couple of for years seen it up out of can spain so everybody expected that she's going to take it to spain but probably. you want to be

a cure so for some kind of. sympathy and to decide it they're wise. watch this space so from the world of sport i'll be back with more in a little under two hours time here on our take join me that.

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