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

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live from moscow this is the weekly here on our top stories now politics by the people and no forced regime change that's what international powers now see you as the remedy to syria's bloody civil war. spraying shell breakthrough off to coercing germany's angela merkel into accepting a bank scheme forcing her on the defensive but home. and whistleblower joining the search defies a police request in london to turn up and be extradited saying he'll stay safe in ecuador's embassy and in the decision is made on is a sign of questions. now as promised in-depth interview is next for you in our
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business present at the meeting medvedev talks to a pulitzer prize winning author on iran's ability to export oil now that sanctions are in effect. 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 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 today it's quite remarkable because
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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 kind 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 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
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think the economy 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
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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
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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 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
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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
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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 china 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
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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
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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. in one thousand nine hundred but it was very very small and technically mature renewable industry today is much more mature industry when 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
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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 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 gaining 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
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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 own and the alien. and guard their family and think it's a literature. i
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the official ante up location. from the top story. on the. video. feeds now in the palm of your. proof which should. lose good old started here. for going global that's not. pulling my. blog you. choose your place. take your stuff.
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make your statement. spread the word. if you plug the story. this is the weekly here on r.t. top stories politics by the people a note forced regime change that's what international powers now see as the remedy to syria's bloody civil war. it's an inspiring shot a breakthrough off to coalescing germany's angela merkel into accepting a bank by you know forcing out on the defensive at home. with a bludgeon in the police requested london to turn himself in to be extradited to say he'll stay safe and i could always embassy until the decision is made on his a sonogram. her. legs is the latest in the world is full with. the farnell the european championships last opponents to thirty odd games of football it has come down to spite against italy in tonight's finale but the build up just
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after the. hello there thanks for watching the sporting these are the headlines cup dreams for the fans to spend on this and on here is the finding champions spain prepared to take on italy in the final of the european championships plus on the move rushing strike up a good f.b.i. joint premier league new boys ready on a four year deal. with bodies over lowry keep the yellow jersey for the bronze despite losing out on the second stage when the back you see his savior. just two hours time the european championship final between israeli and spain kicks off in kiev thousands of fans have been arriving in the city throughout the day the spanish in good voices they came through the airport hoping to see their team defend their european title and become the first side to win three major tournament
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in a row while spain are the slight favorite leading even though they drew with a three one one in the opening game of the tournament that incidentally ended spain's unbeaten run in fourteen games you've played football manager vincent billboard they will probably stick with the dry cleaner's formation for six north bridgeboro me when i know torres well again start on the bench meanwhile basically both of these are the fund has again back to attacking said that before his side beat germany to one in the semi and in contrast to the spaniard who base his side around his star striker mario balotelli will be partnered up front with either cassano or didn't tolerate so a contrast in formations in styles they should produce an intriguing encounter escape partridge in which richard paul free to explain millen big stadium in kiev. 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 his italy
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here at the olympic stadium in kiev to contest the final of a. eighty 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 to win over england spain a definite assad or favorites have been very impressive for the tournament have been very impressive over the last five or six years 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 a 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 it's going to be italy i think italy are an outside shot because they they beat they beat england which of course
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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 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 what. 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's so rare in international football but you can get a player like this. 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 was also interesting about about any particular god for instance let's take the first match when italy played spain it was the opening group c. game and then it started italy italy got the first goal and then spain fabregas
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that was the only goal that spain have conceded so far in the tournament and. i see as the spangle keepers only faced 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 what 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 impressive but the problem with the russians was only had a point 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 fail to realize this 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 is as ever been
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going to give 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 there 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 a greater starting this in this particular match so for me if it's a weakness it's maybe too much of a concentration of 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
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a pillow can start can dominate the game from early on but i think italy have every . telly can repeat before but he's showing against germany i could see it really causing a major upset and what not so it would be because i mean we remember six years ago whole culture 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 interesting time initially with the event is winning the title as well and so many of the italian team coming from event is having that particular spine i also think it's really a kind of victory at some point 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 because italy have just been so impressive it's very much fifty fifty it's anyone's to call my particular call is i'm going to go with italy ok that final kicking off in just
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under two hours time meanwhile russia striker public good every act has confirmed he's agreed a deal with premier league new boys reading he has passed a medical and is now just waiting for a work permit the move will see him in around sixty thousand pounds a week in a four year contract had joined fallen on loan at the end of last season from stuttgart and scored six goals in twelve games for the cottages but decided to move to the royals because the money was better he was also swayed by reading russian. church now the first stage of this year's tour de france has been won by peter sagan of. switzerland five being country lara keeps the leaders yellow jersey for a second day saying and was part of a breakaway the country but just managed to tip into the line at the end of the two hundred kilometer route which loop around the belgian city of the age however remains the overall race leader and stay seven seconds ahead of britain's bradley wiggins who's hotly tipped to win this year told. now it is a rest day when one briton andy murray will be enjoying after reaching the fourth.
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and late last night he sailed his place in the last sixteen after a four sets win over cypriot markets but darters a topsy turvy game murray pulled off a late break to take the opening set seven five however my darter stepped up a gear in the second set and won that six three but the world number forty two could not maintain his momentum after play was halted due to darkness however it was you with the roof closed and the lights on and mary wrapped up the next two sets seven five six one the match ending just a couple of minutes after the mandatory eleven pm finishing time. the next step for mary on monday is man in chile which the beat american sam querrey in the deciding set seventy fifteen was the second longest match ever removing history lasting five hours thirty one is. really difficult in india and to stay focused and concentrated to do. what you need to do especially when playing that little on
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the. boards of your serve and. to me in little bits it was. all so mean a bit difficult in contrast fifty joe were free to tsonga needed just over an hour and a half to book his berth in the last sixteen the frenchman cruising past the back is lucas let's go six four six three six three. standing in the way next is ten seed american mardy fish the third hero prevailing in a tight three setter against belgium wild card from. three time former finest only roddick crashed out however yesterday a seventh seed spaniard david ferrer came from a set down to break for thanks to his by martin del potro the argentinian smashing his twelve eight to beat japan's kane's quarter inch straight sets thank you look at the women's side four time when it's raining williams had a woman record of twenty three aces to tough out
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a six seven six two nine seven victory against chinese. thank you jay they can see the twenty as arranged at least parslow back down to six three six three. while francesca schiavone if they rolled past a couple over the next play defending champion patrick a feat of the holder but it's the chain care from the u.s. six one six that i. had to play and i play against her in durango 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. that is always both and i went back again to ask. wealthy british style it's time to. go.
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to the. market why not. find out what's really happening to the global economy because a report on are. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are today.
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line. would be soo much brighter if you knew all about.

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