this is the time for your headlines now. agree on a transition plan for syria. foreign interference. in the country needs. and other stories of. e.u. leaders. for the first time there was a. heavy pressure from. british

police despite the. special. pulitzer prize winning author of the discussion 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 the 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 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 exclaimed 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 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 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 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 us 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. 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 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 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 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 are noble 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 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. 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 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 joy if. 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 think it's a literature. ultimate. goal is. to cut. the speed. of. her. wish. look. good luck

good luck. good luck. come out find a little. download the official location i phone the i pod touch from the i choose i'm still. life on the go. video on demand on t.v.'s mine gold costs and r.s.s. feeds now in the palm of your. question on the dot com.

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agree. with. assad's regime and the opposition. to allow its bailout. money. for the first time.

he says he will not leave. until. question. thank you rory hello and welcome this is more than our take with me or my uncle fred and that gets our headlines. euro showdown spain target and i'm president of third major sides all in a row but place high line it's early in the decider of the european championships in kiev. while in mari mint and in my reality muscles marcos baghdatis in a late night further to move into the last sixteen and stay on course for his fourth straight wimbledon semifinal. and thrills and spills

multiple g.b. champion cases stoner wins the dutch grand prix to go level on points with a leader or hillary and so we crashed out early on. but let's start with football because later this sunday night's world and european champion spain will be a looking to complete a unique had trick of major titles as they take on its way in the final off year olds once it's well in kiev now our very own kate partridge and richard van portrayed followed both sides from the beginning of the tournaments in poland and ukraine and now offer their perspectives on tonight's continental decider. so after thirty matches over three weeks and across two countries it comes down to this spain the defending champions against nine hundred sixty eight when is italy here at the olympic stadium in kiev to contest the final of euro two thousand and twelve and i'm joined here by my colleague richard van port fleet to discuss that final dose of the highlights of the past three weeks richard thank you for joining me so obvious first question who do things go do in spain a definite assad's favorites have been very impressive for the tournament have been

very impressive over the last five or six years for a very solid base of players from barcelona from real madrid and it's going to really take something from italy to stop and i mean you've been covering responded quite a lot during the storm and so what i mean what do you think are their main strengths i think obviously the main strengths of particularly come from their midfield which they've tended to flood they've not really used the striker they tend to go for a six man midfield which of course is going to be a particular battle when it comes up to facing the italians and also of course the peerless pelaez is completely dominated over the past couple of matches so it's going to be very much a midfield battle and my personal favorite i think is going to be italy i think italy are an outside shot because they they beat they beat england which of course many of the english press were wildly enthusiastic for five minutes and then they beat germany which was a really big surprise absolutely dominated sort of i mean it was i was about marriage i mean tell us really given the italian side just being new i mean very very very workman like team. been so it impressive he had

a fantastic performance going to be english a lot he was even better against the germans just controlling everything from midfield. but when. he gives italy another option he gives them something of a never really had over the last few years just for the ability to create something out of nothing and that is so rare in international football but you can get a player like this if you you know i think plays to hit the best of his ability and if he can repeat the success of what happened against germany then i completely agree with you i can see italy winning this game where i was also interesting about about any particular god for instance or. take the first match when italy played spend it was the opening group c. game and then it started in italy italy got the first goal and then spain quickly fabregas that was the only goal that spain have conceded so far in the tournament i see as the keepers only face twelve shots on target and six of them came from italy so i think italy certainly have an opportunity going forward they've been the surprise to me of this particular tournament but they've also been some disappointments as well i think germany was a bit of

a shock going out one of the one other teams do you think were a disappointment often russia were a massive disappointment specially the way they started against czech republic winning four one zero impressive but the problem with the russians was only had a plan which was to try in teams on the break when teams gavan's from base in the final for the field what happened against poland what happened against greece failed to realize was a problem that we cannot cannot give russia too much space in the final third of the field and russia had no other options he just could not. break down very stubborn defenses when people put a lot of players behind the ball but i mean just going back to this match what weaknesses can you see in the spain team i mean this is brings him as a bit of going to go to the last six years do you think this is the best spanish team or do you think they are weaker than say two years ago four years ago i think this spanish team is a bit like saying the one nil to the arsenal as it was in england in the fact that people have criticized in particular of the past couple of matches for being boring

spain but they might be boring spain but they're on an eleven match unbeaten run which is a record in european football as i said to see it doesn't face that many shots i thought that with being out that they would really struggle but they haven't struggled defense of the intense they've actually held every team that they've played so i don't see a weakness in defense or the spine of the team going forward as a say they tend to have a midfield dominated game rather than going with any particular striker let's see whether or not they have the ground are starting this this particular match so for me if it's a weakness it's maybe too much of a concert. midfield also they need to set the tempo very early on i mean we've seen by the way if the italians dictate the tempo as they did against germany then i believe that was exactly was going to say i mean a pillow can start can dominate the game from early on but i think if you have every chance i will tell you can repeat before he showed against germany i could see causing a major upset and what an upset it would be because i mean we remember six years ago whole cultural police scandal. corruption scandal coming into this tournament

and it's really united italian team together i mean what do you think i tell you agree that i also think it's been an error and an interesting time initially with the event us winning the title as well and so many of the italian team coming from event is having that particular spine i also think italy a kind of victory at some points they haven't been the champions of europe since one thousand nine hundred sixty eight they always tend to concentrate more on the world cup than they do at the european championships if they're going to cause an upset and they're going to stop spain going for a unique treble which they look very much on course for doing now is the time to do it but can you really look past spain i can certainly look past pain because italy have just been so impressive it's very much fifty fifty it's anyone's to call my particular call is going to go with italy. richard. gere's there reporting from kiev now with these european championships almost done and dusted your way for president michel platini has been looking ahead to the future and he's come out with a radical suggestion that european football chief believes in twenty twenty that sentiment doesn't have to be hosted by one or two countries instead he believes

games can be played around the continent in twelve or thirteen cities the finer points have yet to be worked out but the frenchman is keen on the idea although he also said he's less enthusiastic about installing goal line technology. and on to tennis where local favorites and tomorrow he has reached the fourth round of wimbledon after winning a nailbiting four setter against separate markers about it that he's so mari who seeded fourth was the stronger in the opening set a scotsman pulling off a break to take it seventy five however bottomed out he's 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 two could not maintain his momentum after the play was halted jews of darkness were the of close three time semifinalist murray overcame strapping on need to wrap up the next two sets seven five six one. next up from murray is marion chin at the cross 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 to do. what you need to do especially when playing the fool not to miss some easy balls of your serve and. to be in little bits it was too early to run an old. needed bit difficult. in stark contrast fifth seed will for its own god needed just over an hour and a half to book his berth in the last sixteen the frenchmen cruising past all of our kids lukas a lot score six four six three six three. standing in the way next see the american more to fish the thirty year old prevailing in that three setter against belgian wildcard kong. three time for a finalist and erotic crashed out however as seventh seed spaniard vera came from

a set down to win in four. up next is juan martin del potro the argentinian smashing his twelfth ace to be japan's corrie in straight sets. and on the women's side for what our series the williams hit a wimbledon record of twenty three aces to sell fell to six seven six two nine seven six three against china's second seed victoria azarenka eased slovakia on a chip biloba six three six three while francesca schiavone or italy rolled past czech clarus a couple of hours to next play defending champion bedrock veto of the holder blitz . from the united states six one six love. to play him and i play against her in her i'm going to so i knew that i have to play my game again in. my serve so you know it's the score look easy but summaries was so good then. and find that a multi g.p. champion k.c.

is stellar has claimed a controversial victory at the dutch 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 wiped at the first corner by alviro both to stop stoner went on to say that checkered flag ahead of teammate that hit the droll saw with andrea visio so collating third place after overtaken ben spies on the final laps the water now joins lorenzo on one hundred forty points and was sympathetic to his rivals plights on the ass and circuit. will have a lot of respect to ride as up front and you know we don't want to see this happening so it's very unfortunate for him and i feel it's not the reason for us to take my point but i think today we rode 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 nice fantasy basically last couple of days i'll be back with another obviates and that's that a couple of hours from now but our you tube channel is available to you at any time at arts e sports news so take a look when you get a chance thank you for watching and the rory will be with you with the headlines shortly. wealthy british style. that's not on. the. markets why no scandal. find out what's really happening to the global economy in the kinds of reports on our.

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