welcome back here with our tears 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 for interference with the 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 week the e.u. leaders vote to allow its bailout fund to funnel 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 to find but undefeated julian assange refuses to surrender to british police despite the deadline for his extradition to sweden passing saying he won't believe it with dorie an embassy until a decision on his asylum request is made. all right those were the top stories of the week are next and now we're business presented me driven and go talks to 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 my h.s. there and also author of the quest and pulitzer prize winner 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 there's a reality of supply and demand in the market how it's changed and also what is really quite remarkable exclaimed 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 impulsive 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 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 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 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 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 noticed in the russian now there's a lot of discussion about tight oriel 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 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 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 of 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 pan 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 debate a 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 talk 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. a nine hundred eighty s. but it was 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 twenty first see 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 see kamin 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 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. rituals are strict. their communities are isolated.

they clearly distinguish between their old and the alien. and guard their family and think it's a literature. slowly slowly move the golden globe move move her allow. her to move fast. the speed few her. announcement her wish her clothes her bosom and float good luck

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families. more news today violence is once again fled up the families are the images the world has been seeing from the streets of canada the first shining corporations are today please her. wealthy british style holds a. lot of the money. market fund. find out what's really happening to the global economy for a no holds barred look at the global financial headlines to name two cars a report. international

powers agree on a transition plan for syria rolling out foreign interference with u.n. peace and void kofi annan saying the country needs and new government which could include members off president assad's regime and the opposition. and other stories that shape the week new year's photo allow its bailout fund to funnel 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 defined but undefeated julian assange refuses to surrender to british police despite the deadline for his extradition to sweden passing saying he won't believe it or an embassy until a decision on his asylum request is made. elsewhere the top stories of the week

sports news with its next. thank you marina hello and welcome of this is for an artsy with me or i'm on call for a minute let's get to our headlines first. it's the hail super striker marable it's at the head of their final showdown with spain at the european championships. while and the murray out muscles a lot of course about that he's in a late night thriller to move into the last sixteen and stay on course for his fourth straight wimbledon seven final. plus small to be champion casey's stone irwin's the dutch grand prix to go level on points with leader jorge lorenzo who crashed out early on. football first time it's a coach he has praised the attitude of super striker mario balotelli ahead of the

euro it's what it's all final against spain in the ukrainian capital kiev the two thousand and six world champions held training session at the cities of the big stadium where the final will be held public said he was being put through his paces as he prepares for the final showdown he scored both into his goals in their two one semifinal win over germany and manchester city's star names just one more to claim the tournaments golden boot print that is saying the twenty one year old has done everything that's been asked of him as they look to extend their unbeaten run under the manager to sixteen games. so a victory in the final would make spain the first team ever to win back to back european championship titles and they've also become the first sides with three major tournaments in a row after lifting the world cup in twenty seven however they did draw with its really one all in the group stage and that suggests another tight game spanish defender said here ramos says his side will stick to the style they know. what.

is it is playing very daring football in the group match against those they were looking for speed in counter-attack but we shouldn't be too worried too 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 to remain faithful in our own philosophy and our own style of play obvious you are slightly worried but not obsessed with the issue. so it's a hard one to call so why not ask an elephant who will win some people have said or souls who has predicted all of the winners in the knockout stage of the competition and she has plans for it's a way to win the final by choosing a melon with their name on its high tech stuff since the start its arguments very badly though getting her first three predictions wrong so be warned. meanwhile oran blong had stepped down as france coach 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 two zero blong had taken over from ramón dominic two years ago and is the favorite to replace him. now with these european championships almost gone and dusted for president michel platini has been looking ahead to the future at certain points and he has come up with a radical suggestion the european football chief believes in twenty twenty that certain amounts 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 in the fall. her points have yet to be worked out about the frenchman is keen on the idea although he also said he's a lesson for the ass think about installing goal line technology. and intent its local favorite and to marry has reached the fourth round of wimbledon after winning and nail biting for setter against separate marcos about about these so mari who is seeded fourth was stronger in the opening set the scotsman pulling off

a late break to take a seven five however bought about the stepped up a gear in the second set as he saved six break points in the fifth game to serve out the set six three but the world number forty to maintain his momentum at sort of play was halted use a dog with a roof closed three times semifinalists murray overcame strapping on need to wrap up the next two sets seven five six one. next from murray is marion cross outlasting america's san carry second longest match ever in wimbledon history it lasted five hours and thirty one minutes. especially difficult in india and to stay focused and concentrated to do. what you need to do especially when playing that long not to miss. your serve and. to be in little bits it was early in the run and all the. needed bits difficult. in

stark contrast fifth seed joel for its long gone needed just over an hour and a half to book his berth in the last sixteen the frenchman cruising past. six four six three six three. standing in the way next is american more efficient thirty year old prevailing at cypress that are against belgian wildcard so if you go far. three time for the finalists and you're right he crashed out however at seventh seed spaniards there it came from a set down to win in two zero. up next is juan martin del potro the argentinian smashing his twelfth to be japan's quarry in straight sets. and on the women's side for what are serina williams hit a wimbledon record of twenty three aces to itself out a six seven six two nine seven victory against china's second seed victoria azarenka east past slovakia on a chip bell of

a six three six three while francesca schiavone of italy rolled past czech klara the power of its next wave defending champion patrick beat of all the holder blitzed varvara the persian gulf from the united states six one six who 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 some summaries it was so good then. moto g.p. champion casey's stillwater has claimed a controversial victory at the grand prix the honda man started on pole and held the lead until the finish and is now a joint top of the riders championship with jorge lorenzo who was white at the first corner by i'll borrow a bow to start stone or what i want to take the checkered flag ahead of teammate zammit to draw with visio so claiming third place after overtaken ben spies on the

final lap stoner now joins lorenzo on one hundred forty points and was sympathetic to his rivals plights on the s. and circuit. will have a lot of respect to ride as 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 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 french estonia spain fantasy basically last couple of days and finally with a big games less than a month away seventeen more places have been saken on the russian scene it follows three days of trials in canoeing and kayaking here in moscow beijing gold medalist maxime misses out however on the chance to defend his title i have to agree on so 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 in canoeing was one of the most anticipated events russia's only olympic champion in beijing. was betting for 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. i think you have selected the best athletes of these trials the companies in many categories was very highly some of the races were really dramatic and everyone tried to do straight the most of their abilities to win another medal hopeful for russia a cannabis aleksey car wash gov and in the upper one 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 their lympics while thirteen athletes will represent a country in chaos in the one thousand meters quartered vetted until the alleged golf and until now have one braun's of the twenty eleven world championship and in london they will try to make the poor deal once again. while russia spring do or your reports are day and alexander to chant among the favorites for the two hundred meter gold in london after posting the fastest time in the world this year. for a group of fans there was a tailwind which helped us a bit but still we're 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. the telly lowboy is taking part in

two different disciplines chill competes in the solar sprint as well as the five hundred metres doubles race with various abets over at the domestic event in uniform couple demonstrated a very solid performance between the runner ups and us to see all over all work and sweat learn a good deal over by more than a second. 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 improved and that's quite normal as we're 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 and demonstrated their heats in the form of the right time and was one of the biggest teams at the upcoming games russia's cannery city kayakers believe they'll make waves in london not only ariens. moscow. i'll be back with another update said less than a couple of hours from now but our you tube channel is available to you at any time

at our team sport news so take a look when you get a chance thank you for watching i'll be back very soon.

it is easy to. do. it indeed. since. you know how sometimes you see a story and it seems so please you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you.