welcome back you're watching are to live from moscow these are 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 follow money directly to struggling banks for the first time in a setback for germany's angela merkel after heavy pressure from italy and spain. plus the find 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 silence request is made. now as his interview is up next in our business presented to me interviews daniel yergin a pulitzer prize winning author and to get amik 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 my h.s. there and 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

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 a trying day of 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 they are 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 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 than the 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 that 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 we give this century it's transform 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 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 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.

several countries have been saying they want to go away from nuclear energy what is the future of nuclear and well i think that the 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 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 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 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 that the 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 see kamin that of course. 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 enjoy the fact that. they've been living this way since the seventeenth century. their rituals are strict. their communities are isolated. they clearly distinguish between their own and the alien.

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strong. international powers agree a transition plan for syria rolling out foreign interference with un peace when kofi annan saying the country needs and new government which would include members of president assad's regime and the opposition. and other stories of trade the way the universe vote to allow its bailout funds to follow money directly to struggling banks for the first time in a setback for germany's angela merkel after having pressure from italy and spain. plus the fine but undefeated julian assange refuses to surrender to british police despite the deadline for his extradition to sweden passing saying he won't leave it with your embassy until a decision on the silent request is made. i'm going to tell the hour in the meantime we'll see what's happening in sports with.

thank you marina how alone welcome this is for on our to you with me robot cost for a band let's get to our headlines first. it's in a hail super striker marry a bud selig ahead of their final showdown with spain at the european championships . while and to marry out muscles marco's back that he's you know late night thrillers and move into the last sixteen and stay on course for years for straight wimbledon seven final. plus moto g.p. champion casey stoner wins the dutch grand prix to go level on points with leader jorge lorenzo the question alex early on. football first and it's in the coach. he has praised the attitude of super striker mario balotelli ahead of the year old swans it's well final against spain in the ukrainian capital of kiev the two

thousand and six world champions held a training session at the city's a limbic stadium where the final will be held that he was being put through his paces as he prepares for the final showdown he scored both of it's in his goals in their two one semifinal win over germany and the manchester city star and he's just one more to claim that tournaments golden boot burns it is saying the twenty one year old has done everything that's been asked of him as it's a look see extend there on be to run under the manager to sixteen games. so a victim it's a victory in this match would make spain the first thing ever to win back to back european championship titles and they'd also become the first sides when three major tournaments in a row after lifting the world cup in twenty ten however they did draw with italy want to go in the group stage and that's just another tight game spanish defender said here ramos says his side will stick to the style you know. you little.

they're in football in the group match against those they were looking for speed in counter-attack but we shouldn't be too worried or obsessed about that it's a question of keeping calm waiting to see how they play on the day and the important thing for us is to remain faithful in our own philosophy and our own style of play obviously was like he worried but not obsessed with the issue. so it's a hard one to call so why not ask and the fans who will win some people have since the war so sue has predicted all of the winners in the knockout stage of the competition and she's plump for italy so when the final by choosing a melon with their name on it's definitely high tech stuff since i just started sort of a very bad though getting her first three predictions wrong so be warned. meanwhile all around long has stepped down as france goes his contract expired on saturday and the forty six year old has decided not to extend it france crashed out of the

quarter final stage after losing to spain to a nil blon had taken over from ramón dominic so years ago didier the shah is the favorite to replace him. now with these european championships almost done and dusted your way for president michel platini has been looking eggheads the future tournaments and his come up with a radical suggestion the european football she believes in twenty to twenty the tournaments doesn't have to be hosted by one or two countries instead he believes games can be played around the continent in twelve or even thirteen cities the finer points have yet to be worked out by the freshman he is keen on the idea although he also said he's less enthusiastic about installing goal line technology . in tennis local favorite amzi murray has reached the fourth round of wimbledon after winning and nail biting four setter against separate marcos baghdatis summary who seeded fourth was the stronger in the opening set the scotsman pulling off a late great to take it seventy five however mondavi stepped up the year in the

second set as you say six break points in the fifth game to serve out the set six three but the world number forty two could not maintain his momentum after the play was halted due to darkness with the roof closed three times seven finalists marie everything striving to wrap up the next two sets seven five six one was. the next stop for murray is marion challenged the croats outlasting america's sam carey in the second longest match ever in wimbledon history it lasted five hours and thirty one minutes. specially difficult in indian to stay focused and concentrated too to do. what you need to do especially when playing the fool not to miss some easy both of your serve and. the little bits he was wearing around all turn that also mean

a bit difficult in stark contrast fifth song gone even just over an hour and a half to book his berth in the last sixteen the frenchman cruising past slovakia's look at. score six four six three six three. standing in the way next is american more efficient thirty year old prevailing in a side three setter against belgian wildcard that would go far. three time former finalist and to rory crashed out however as seventh seed spaniards came from a set down to win four. up next is juan martin del potro the argentinian smashing his twelfth ace to be japan's he needs to quarry in straight sets. and on the women's side four time winner serina williams out a six seven six two nine seven victory against china's j.g. second seed victoria azarenka passed slovakia on a chip l. of a six three six three to line up

a meeting with serbia's evanovich while francesca schiavone of it's a rolled past check klara zucker pall over to next play defending champion patrick with the law the holder of bullets varvara let go from the united states six one six love. to play and i play against her and 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. so high octane our multitude be champion casey stoner has claimed a controversial victory at the grand prix the honda man started. and held the lead until the finish and is now joint top of the riders championship with jorge lorenzo who was white at the first corner by oliver about sr stoner went on to take the checkered flag ahead of teammate than it would draw with andrea visio so claiming

third place after overtaking ben spies on the final lap stoner now joins lorenzo on one hundred forty points and was sympathetic to his rivals plight of the asons circuit. you know. we'll have a lot of respect iraq is up front and you know we don't want to see this happening so it's very unfortunate for him and you know hopefully it's not the reason for us to take but point i think today we were pretty well. you know we had a very very tough weekend the injuries of being pretty heavy but you know we've had some work done by francesco fantasy basically last couple of days and finally the pics are just. a month away and seventeen more places have been taken on the russian scene that follows three days of trials and canoeing and kayaking and moscow beijing gold medalist maxine miss is that however on the chance to defend his title on its own grounds has this story.

this year's championship of russia is used not only to determine the best athletes domestically but also to find out who will are presenting the country at the olympic 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 all political is 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 olympics 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 at these trials the companies in many categories with very high in 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't aleksey they're a washed of. in the one thousand meters dual last year's european champion nearest

opponents well less than half a second in the final. was. in total russia will send for canada's to the olympics while thirteen athletes will represent a country in chaos in the one thousand meters quartered inventive until the alleged just golf and then told one of the twenty eleven a world championship and then london to try to make the poor deal once again. while russia sprint do or. aleksander to change by among the favorites for the two hundred meter gold in london after posting the fastest time in the world this year . there was a tailwind which helped us a big sprint still with very satisfied with our time we've never chief 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. natalia lobel is taking part in two

different disciplines chill competes in the solar sprint as well as the five hundred metres doubles race with the various a bet that the domestic event in uniform couple demonstrated a very solid performance between the runner ups in a cecile overall work and with learned to dean over by 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 in preferred and not quite normal as we still waiting to hit our peak food 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 heat in the form of the right time and was one of the biggest teams said the upcoming games russia's cannery city kayakers believe they'll make waves in london not only ariens. moscow i will be back with another update in less than a couple of hours from now but our you tube channel is available at any time at our

sporting sake a look when you get a chance and thank you for watching l.c.s. . wealthy british style. that's not right on. the. markets why not scandal. find out what's really happening to the global economy cars a report on our. they've

been living this way since the seventeenth century. their rituals are strict. their communities are isolated. they clearly distinguish between their own and the alien. and guard their family and things literally.