Skip to main content

tv   [untitled]    July 1, 2012 12:30am-1:00am EDT

12:30 am
welcome back here with r.t. here is a look at the top stories of the week as well as the latest news international powers agree a transition plan for syria rolling out foreign interference with u.n. peace envoy kofi annan saying the country needs a new government which could include members of president assad's regime and the opposition. and other stories that shape the we leaders vote to allow its bailout funds to funnel money directly to struggling banks for the first time in a setback for germany's angela merkel after a heavy pressure from italy and spain. plus to find but undefeated joined us sons refuses to surrender to british police despite the deadline for his extradition to
12:31 am
sweden passing saying he won't leave their door an embassy until a decision on these asylum request is made. now it is interviews up next and our business presenter dmitry medvedev go interviews daniel yergin a pulitzer prize winning author and economic researcher on iran's ability to export oil and how we 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 going 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
12:32 am
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 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 exchange 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 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 highlights i would say there was much more
12:33 am
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
12:34 am
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
12:35 am
oil and gas the technologies right now shale gas has also become one of these shifting basically the shape. 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 about alan g. export are so big impact there. but i think russia is you know it's 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
12:36 am
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 notice 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 seems 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.
12:37 am
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 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 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 are noble energy we have nuclear energy which has also been changing especially.
12:38 am
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 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 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
12:39 am
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. with great enthusiasm in the one nine hundred seventy s. and nine hundred eighty s. but it was a very very small and technically mature renewable industry today it's 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
12:40 am
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's 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 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
12:41 am
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 joy if i get. they've been living this way since the seventeenth century. their rituals are strict. their communities are isolated. they clearly distinguish between their old and the alien.
12:42 am
and guard their family and think it's a literature. olivia golden globes. are allowed. to. speak. she. told. her. i wish i can't. promise good luck to her. her moods.
12:43 am
and. my. little. fear. in full started fear. for going global and now it's killing the fire. log in. to. choose your place change your stand. to. make your statement. split the words. she put the street from long.
12:44 am
island history claims in the process is perfectly sane. seems clear that it brings nothing. but clean power and comfort but the environment knows better and the industry isn't telling the whole story. they're goddamn liner's. they're here to this land make as much money as they can and get the whole lot of. you if you. try. to.
12:45 am
get a national power is a great year transition plan for syria rolling out foreign interference with the un peace envoy kofi annan saying the country needs a new government which could include members of president ass's regime and the opposition. and other stories that shape the week e.u. leaders vote to allow its bailout fund to follow money directly to struggling banks for the first on a setback for germany's angela merkel after heavy pressure from italy and spain. plus defined but undefeated julian assange refuses to surrender to british police despite the deadline for his extradition to sweden passing saying he won't leave the ecuadorian embassy until a decision on his asylum request is made. for the top stories of the week and sports news is next with ender.
12:46 am
hello there welcome to the sports and these are the headlines top seeds breezing to the last sixteen of three time finalists andy roddick suffered think. plus italy hail super striking mario balotelli ahead of their final showdown with spain at the european championships. and the ninety nine tour de france gets underway with five encounter grabbing the yellow jersey on the streets of rio. start there with more than where most of the top seeds progressed on saturday every man's draw your goal free to song the biggest lascaux from slovakia to make ran for spaniard david ferrer seven think people will find this and you've already started coming from a set down argentina find martin del potro got the better of cage courtney from japan while there was a marathon five second between sam querrey
12:47 am
a man in chile came out on job winning this side except that seventeen games to fifteen match last thing i have a five and a half hours meanwhile lucas rissoles wouldn't dream has come to an end after beating second seed rafael nadal the czech lost in straight sets to philly cole schreiber the german relieved to have got past the man who had caused such a big upset just days before. i knew. for sure in a lot of confidence. i think it was very dangerous to play against him but a legacy before i think of the right right game play against him i mixed up the pace a lot every time if you have very strong ball or try to slice a perk keep it short he doesn't like to move too much into the court so everything i saw against. i figured out i think the perfect tactic obviously i played a very very good match to do. feeling. a little bit. the.
12:48 am
he was doing pretty good. didn't give me a lot of chances. and the women's draw second seed victoria as a rank breezed into the fourth round a six three six three win for her against her back in qualifying join a couple over who is ranked one hundred seventy eight in the world. cup the test a full time champion serina williams she had to come from a set down against china and was pushed all the way in the decider eventually winning that nine seven for the match. so it all a good day for big names although there was one notable upset this least ten seats . losing to. kazakstan play winning a so-called golden set without losing a single point more assistance from the army in the second set but she lost that number less six four while defending champion patrick of the to progress is after dropping just one gate to change comes. to play
12:49 am
and i play against her so i knew that i have to play my game again in. my serve so yeah it's the score look easy but summaries was so good. and also whizzing into the foreground is francesca schiavone b twenty ten french open champion thrashing clarke as a couple over city of only winning the first set to love and the second six for. now let's turn to the football and the european championships in. delhi has praised the attitude of super striker mario balotelli ahead of sunday's final with spain italy right in kiev on saturday before a training session at the city's in pick stadium where the final will be held balotelli among the first to get off the plane he scored both italy's goals in a two one semifinal win over germany and each just one more to claim the tournament golden boot from delhi saying the twenty one year old has done everything that has
12:50 am
been our stuff. and victory tomorrow would make spain the first team ever to win back to back european championship titles and it also become the first side to win three major tournament in a row after lifting the world cup in twenty ten however they did draw with italy one one in the group stage and that suggests another tight game with spain defender shoes you are most saying his side will keep to the style they know. that italy is playing very daring in the group match against those they were looking to speed encounter and we shouldn't be too worried or upset about that it's a question of keeping calm waiting to see how they play on the day when the important thing for us is to remain faithful in our own loss of their own style of play obviously we're slightly worried but not obsessed with the issue. meanwhile brawn has atlantis france coach he's contract expired on saturday and the forty six year old has decided not to extend it france crash diet at the quarter final stage
12:51 am
after losing to spain to neil brown had taken over from raymond domenech two years ago. is the favorite to replace him. now the ninety nine thought of france has got underway with swiss rider five being winning the prologue a short time trial around the belgian city every age right is racing along the six point seven kilometer route against the clock it was who was fastest finishing in seven minutes and thirty seconds and that was seven seconds quicker than the tour de france favorite bradley wiggins although the brit will be happy with that time and russian denis menchov will be happy with his he has an outside where he is a nice i contend for this year's race i was thirteen seconds back to his get to shooting while defending champion could have been seen here with seventeen seconds off the pace tomorrow sees riders tackle a mostly flat two hundred kilometer stage for years to setting and can be the man starting in yellow. palin pics are just a month away instead. more places have been taken on the russian team follows three
12:52 am
days of trials in canadian and kayaking in moscow although beijing gold medalist maxing up left misses out on the chance defend his title are chink accordions as the story. of. this year's championship over russia is used not only to determine the best athletes domestically but also to find out who will are presenting the country to games in london the two hundred meters men's single race and canoeing was one of the most anticipated events russia's only olympic champion in beijing. was betting his fourth consecutive summer games ticket but he failed to outsmart the a position in this final six time world champion he won still came home first to make it into his first tell him thanks and the coaching staff believe every winner of the russian championship deserves to go to london. and i think you have selected the best athletes of these trials the competition in many categories was very high
12:53 am
and some of the reasons were really dramatic with everyone trying to demonstrate the most of their abilities to win another medal hopeful for russia i can see there a washing of him in the one thousand meters dual last year's european champions nearest opponents well less than half of a second in the final. was. in total russia will send four corners to the olympics while thirteen athletes will represent a country in chaos in the one thousand meters quartered fulfillment of it if until the alleged golf and until now have one of the twenty eleven a world championship and then london try to make the poor deal once again. while russia sprint do or your reports are aleksandrovich and by among the favorites for the two hundred meter gold in london after posting the fastest time in the world this year. footbridge officials. sure there was a tailwind which helped us
12:54 am
a bit but still we're very satisfied with our time we've never achieved such a good time before and nobody in the world has ever much to there's also a strong female contingent of the russian team. to take imports into different disciplines chilled compete in this solar sprint as well as the five hundred metres doubles race with the various a better at the domestic event in uniform couple demonstrated a very solid performance between the runner ups and us to see overall work with learn a good deal or no more than a second chip we control the situation throughout the whole race so i think the result is good but even now we see some aspects which still need to be prefixed and that's quite normal as we still waiting to hit our peak form in time for the olympics so a confidence boost in a few days for russian olympians they have qualified for the games in demonstrated their heats in the form of the right time and was one of the biggest teams at the
12:55 am
upcoming games russia's kinneret city kayakers believe they'll make waves in london . more school. good luck to them now finally casey stoner has claimed a controversial victory at the dutch moto g.p. paid the honda man started on pole and held the lead until the finish and is now joint top of the riders championship with or enzo has wiped out at the first corner . stoner went on to take the checkered flag ahead of teammate danny petros at. the zero zero claiming third place after overtaking ben spies in the final lap stone and i joined the wrens i one hundred forty points and was sympathetic to his rival supply at the ass and second. quarter and i will have a lot of respect to rise up front and you know we don't want to see that happening so it's very unfortunate for him and hopefully it's not the reason for us to take back point i think today we rode pretty well. we had
12:56 am
a very very tough weekend the injuries of being pretty heavy but we had some work done by francesco nice fantasy basically last couple of days so that is always sport for the moment but the weather coming.
12:57 am
wealthy british style. markets why not. find out what's really happening to the global economy is a report. line
12:58 am
12:59 am
rush is going to be soon which brightened if you knew all about sun from funds to freshen.

34 Views

info Stream Only

Uploaded by TV Archive on