spread the word. if you plug the street. welcome back here with our t. here's a look at the top stories the final hours of join us on his asylum bid turned into an international showdown with britain threatening to storm ecuador's london amnesty and take the whistleblower by force. a powerful saudi based islamic group cancel syria's membership blamey so what i'm asking is for violence and ignoring the rebels' al qaida style terror attacks. and they have a way it's way up in asia a new report maps the extent of america's military buildup in the region and china eagerly chords allies of its own. this may have once next thirty interviews american economist todd buchholz who says u.s.

president barack obama doesn't care enough about the country's deficit and debt problems. with reese todd buchholz a former director of economic policy at the white house he was one of the first u.s. economist to forecast the two thousand and one slowdown in the u.s. the two thousand and eight pop in commodity prices and the dell rate of the u.s. debt rating thank you very much for joining me today you're welcome let's start with your latest book rush why you need and love the place you argue they are that competition is the one thing to keep us going and from you revealed a problem that exists right now in the society it's the reason the lack of desire to fight for anything to fight for a good job a good education is that three d. cell we've had twenty years of focusing on self-esteem trying to make kids

feel better about themselves and it didn't matter how they did on tests the test scores didn't matter what they knew or what they achieved the whole point was it didn't matter what the important thing was to feel good about yourself so in washington d.c. for instance they asked the students how they would assess themselves in mathematics. and the washington d.c. students felt that they had wonderful skills in mathematics they had the best sense of themselves they had great pride in their knowledge of mathematics but when you look at their test scores have turned out they knew very little of anything so we've spent twenty thirty years educating people that trying hard is not very important and what's most important is just to feel good about yourself but that is just a complete confusion because the best way to get self-esteem is to do something

worthy of a seed and i'm afraid that the younger people are now. now a disadvantage in a pretty harsh economic climate. even before the great recession which began in two thousand and eight we were seeing over the course of the last twenty years decline in the willingness of young people to simply move to another state in order to take a job we've seen a decrease in mobility so yes the great recession has made things worse has made people even more nervous and worried about their futures but these trends were in place beforehand he think americans really are becoming those people who need a three hour lines you dump them as generation y. pour into it bruce springsteen in the one nine hundred seventy s. had a famous rock album in a song called born to run and he wrote about a generation that couldn't wait to get their driver's licenses couldn't wait to get

on the road and explore the country and study have been recently we see that young americans are less interested in getting their driver's licenses in the one nine hundred seventy s. and eighty's nearly every high school student once they turned sixteen or seventeen would have a driver's license now many are waiting till eight hundred nine hundred twenty and is that because of economic decline no but i think it is a symptom of a lack of motivation so instead of being born to run they seem born to sit on the sofa in front of x. boxes or play stations or their i phones of course there is a portion of the population of the young population that is very motivated highly motivated that is very ambitious and very aggressive and certainly carving out great careers for themselves so i certainly not going to suggest that an entire generation is sitting on the sofa however we have especially

in this harsh economic climate certain states in the united states which are prospering. where the job market is very healthy and other states were very poor. well you can rent a car you could hop on a bus it would only cost about two hundred dollars to get yourself on a bus from nevada a state with a terrible economic climate to north dakota where you would have a job almost as soon as the bus arrives and yet we're not seeing people making those sorts of moves they seem to be waiting in place for the jobs to come to them and i'm afraid that is not a very promising way to look at the job market these days so the go go days of the nine hundred ninety s. turned into the go back right state of the two thousand so where next the u.s. economy is a bow what a pilot would call stall speed we certainly are growing fast enough i believe that we're not going to go back down into

a double dip recession but the job market is painful the job market is very weak i think president obama has not done much to help the job market i don't think his stimulus plan was very effective the only thing a stimulus plan did was scare people into believing that we now have debts that will be unpayable and that the u.s. debt to g.d.p. ratio you soon will simply be unmanageable. so we've got an economy that's slowly repairing itself but we seem to be avoiding tough decisions when it comes to how we're going to pay our debts in the years ahead can we expect another stimulus plan i don't think there's going to be another stimulus plan out of the u.s. congress certainly republicans will not be in favor of it because they see that it's been a waste and president obama i think recognizes that the prior stimulus plans are no longer popular in fact i'm not even sure he will use the word stimulus anymore

because now it has a tone of being negative because very few americans believed it has created any jobs except maybe for some government bureaucrats president obama. a year and a half two years ago pointed a commission to examine the u.s. fiscal deficit debt problem he appointed a well known former republican senator and a very distinguished. adviser to president clinton obviously the previous democratic president those two individuals with their staffs with congressional colleagues spent months studying the deficit and the debt it was the simpson bowles commission and the president appointed them and they came back with a plan that was very tough that was very bold that would cut some tax rates to make the u.s. corporations more competitive but at the same time they would cut spending you know

really across the board including in retirement schemes and the president was presented with this plan and even though he chose the members of the commission he walked away from the plan because president obama doesn't care enough about the deficit and debt and so i think until the president leaves office whether that's in november or in january or four years from january i think it's going to be very difficult to for the u.s. to tackle these difficult economic and fiscal issues right now like looks like almost nothing that we have a seem to be think can be taken to be think i'm talking here about either very currency that we need the biggest banks in the world what is safe now there's always going to be some fear in the market except when there's a bubble well there's not a bubble now so there is some fear in the market and there's a big question mark over all paper currencies there's a question mark about the value of the dollar and the euro in the yen and in the

ruble in every other currency that is not backed by some hard assets so we have a positive sign next to g.d.p. that is a big right bold positive sign you know it's kind of fate sometimes it hides a little bit but i think. there's been a demonstration that u.s. corporations aren't managed so badly after all and they can withstand a pretty weakened coffee and so that will i think be giving investors a little bit more confidence in the stock market and of course that confidence all has already been expressed in a pretty healthy rally over the course of the last year more than tell you i think alan your book market shock even worried that the result was unstable and having to whites play to call turmoil you also sad that the members of the eurozone would stumble because of the differences and monetary policies so what is your forecast now i think the euro zone is like

a really bad polygamous marriage with. old wives and one husband just disagreement jealousy and fighting constantly but the eurozone is a mess because that they were never meant to be together ireland was a more deflationary place as was italy germany had low inflation they needed different monetary policies and now we've got this disaster. and it can't simply be solved by the e.c.b. writing some checks. at greece is simply insolvent and uncompetitive if greece still have the draka it would have been devalued there'd be truer assault from germany flooding into greece bringing foreign currency bringing their heroes to agrees the hotels would be filled instead what do you have you've got a an economy that has should have a big tourism base but tourists won't go because they're afraid of riots in the

streets the prices haven't fallen because they're denominated in europe and so you have empty hotels throughout meekin zero sum athens and sad to remain so it's very difficult to see how greece survives as a member of the euro zone and it may very well be on some busy weekend i don't know when no one's paying attention during go world cup match or something. that greece will exit the euro zone hoping that nobody notices but it's going to be awfully hard to keep them in. then. well. science technology innovation all the latest developments from around russia we've got the future are covered. by

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the final hours of join a solemn bid turned into an international showdown with britain threatening to storm ecuador's london amnesty and take the whistleblower by force. a powerful saudi based islamic group cancel syria's membership blaming so we damascus for violence and ignoring the rebels style terror attacks. they have a way to square up in asia and new report maps the extent of america's military buildup in the region is china eerily corns allies of its own. just the headlines sports next was.

another welcome to the subject and all to you thanks for joining us this hour coming. cities starts father capello's new loop seemed rush should draw all this under the guidance of the. flushing meadows without the french open champion of the last grand slam of the season due to a negative three. golden handshake president vladimir putin greets all russia's olympic champ at the ceremony in the kremlin. first a russian drew one all with ivory coast in what was fun though capello's first game in charge of the russian national squad the home side looked to have given capello winning start but for a late goal from the africa cup of nations runners up michael christian coat was the game for us. even though fabio capello's appointment meant ushering in a new era of football for russia it was evident by the half empty stadium that many fans were still very much skeptical of their team after the disappointing exit from

the twenty twelve euros the ivory coast could have been forgiven for not having too many fans on hand to support their team but those that did make it was celebrating even before the whistle blew for kick off the pebble opted not to risk team captain andrea shannon but this was probably more to do with the potential wrath of the fans rather than any injury worries the game itself began like most friendly's k.g. and safe both sides probe each other but neither side could carve out any real chances ivory coast star studded lineup which included didier drogba and both two are brothers seem content just to break up russia's play. and the first half and it as he had begun. in the second half the russian fans started to make their voices heard and ten minutes in euro twenty twelve star islands a go with stepped up to slot in a free kick to make it one nil to the down side controversially capello decided to substitute him for minutes after for no other the national haven't much to be amusement of the crowd they made them happen is known by booing him whenever he

touched the ball and that seemed to have taken its toll on the whole team as the ivory coast began to sense they could make a goal which they do they did ten minutes from time. to be a capello was content with the performance and the result but was surprised by the crowd's reaction to us having there when they said i was surprised the fans whistled him and continued to be negative towards him olson noticed that when the whistling began the team began to lose its concentration this is not good and it's quite baffling to me that going to andre him self was disappointed by the fans' reaction but vowed to prove doubters wrong you know that much today we played against a strong team but we had our chances with regards to the negative reaction from the stands course i'm disappointed but i try to not let it affect my game hopefully opinions will change with a few goals and went. ivory coast midfielder did is a chorus that his team was happy to have come away with a draw praising the level of russia's football you are so after today because

a pretty good one would seem from. and for us even to put them to do this so capello's rain has begun with a one one draw with the ivory coast however more surprising was the fact that he left out andrea shouting from the starting line up and up instead to give the captaincy to ego denice zero zero seven did come on in the second half but was booed by the russian fans every time he touched the ball now this and many other things will give capello plenty of food for thought but he only has three weeks to get his team together people based on their world cup qualification campaign when they play northern island on the seventh of september easy mugging codes on the home. more international friendlies played on wednesday including world and european champions spain claiming a two one victory at. the home side are ranked outside the top hundred in the world but they managed to keep the mighty spain in check for more than forty minutes. quick goals saw. his charges take control right before the break santy claus blasts

of home a long range record before says they were guests headed their second but substitute mark cintron save at least some local pride sending the crowd into raptures midway through the second half but that was the best they could do one was finished. beating euro twenty two out finally looked to last to decide they knocked out in the quarterfinals england that netherlands travelled across the border to belgium to fall for the think that there were no goals scored in the france year of why encounter while they're not messi was on target to help argentina big ten and germany three one head coach here camilla says this defeat is nothing to worry about. big but if you catch all the world cup qualifiers it will be another story because the players will have played a few games even new season so they will be in

a much better form but they were getting tired in the second half so it was obvious three weeks of preparations was not enough to play. well back in russia are you to get us now john has been named the new head coach of good one person and are following the departure of denver tresco the forty nine year old also manages their russian national side designed as a reserve team for the primary scored previously trained and like much of moscow while the trust has been strongly linked with a move to another capital club dinner. over in england match the united have agreed a deal to. by free scoring robin pasted from ast not that no one striker has yet to undergo a medical degree of personal terms before signing a four year contract to transfer goods at the red devils back almost thirty eight million dollars the twenty nine year old caught league best thirty goals for arsenal last season. in tennis french open champion rafael nadal has pulled

out of the year due to. that same injury also saw they spend it on a chance to defend in london earlier this month the world number three at last played at wimbledon in june back then he crashed out of the second round fallen victim to lesser known locus russell says hey sorry to skip the last major of the season while defending champ another joke which was full of support. i really don't know what all the injuries and susie's but obviously. from the tour for the last couple months and. he resists a great compared to. you know somebody i know really well on and off the court i'm sure the hue was able to perform a new sorghum he would he would cancel. i wish him a quick recovery was. it's full of food until play rushes nicolo dividends in the

third round of this since and that's a must is the second seed serve advancing after a seven six six two victory over august second italy. also through these newly crowned olympic champion and returned cruising past local boy sam querrey six two six four to line up a meeting with france's german. silver medalist in london roger federer will play australia is the bernard told me in the third round swiss moscow was in total control of russia's. as he wrapped up a six three six two victory in just. now with with a dust beginning to set in the following the twenty twelve london olympics some of russia's top athletes have been honored by president vladimir putin they country claimed twenty four gold medals in london just one show that target many more athletes were invited to the ceremony as many of the medals were worn in team

sports russia's judo men were at their best bringing three girls i am a stuffiness triumph an artistic dramatics and that of beauty and i live on the beach in canoe were they so big trees in this sport all the successful games and many over the countries represented. yes there was that look at that list i would like to thank everyone who supported us here from the didn't put into every single spectator of the games through a man too hard for us to effort to feel such a support and now after we managed to get to the very top it's really a double pleasure to see how sincerely people greet us. that. in the mean time uganda is only a medal winner at the london olympics to include products received a hero's welcome by hundreds of people on his home soil the crowd was delighted by that african countries the first gold since the one nine hundred seventy two games in munich when the men's marathon race in the british capital to give weekend its

first medal of any kind since the atlanta olympics sixteen years ago despite his success claimed to the country's authorities of a lack of sports facilities and funding in uganda. and then a minister. something like missile might. be training grounds. i hope that. what you see beyond the mean we. should be done. immediately because we have seventy a lot of us literally every need we have that is something some of been. discovered . about because of their. in the meantime much more how some fellow is already eyeing the next summer games for

champ and won three times in london in the two hundred meters and both the relay race is the twenty six year old i flipped helped her teammates tournaments and bianca knight and come in as a judge set a new world record in the four by one hundred meters all the time before two point eight seconds but is yet to win the shortest olympic distance of one hundred and she hopes to fix that rio twenty sixteen. definitely you know i feel like i'm i want to be in rio and i'm going to do everything to get there and you know we have a road championships in between but i'm still just so motivated in you know i want to come away with another successful games. when up to date no more sports news from around the globe put into time how the weather is next stay with us.

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