tv [untitled] September 4, 2012 12:30pm-1:00pm EDT
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it's eight thirty pm here in moscow you're watching r t here's a recap of all the headlines the outlook on the e.u.'s credit rating is switched to negative as a relentless wrongs of the euro zone reading so far failed to provide solutions to the long lost in crisis that has the unions poor as member of bulgaria shelves they it's time to join the common currency. where the hundreds of thousands of syrian refugees displaced turkey says its camps are completely full and also you want to set up the buffaloes the move could mean a potential military intervention in syria as the west continues to call for the
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assad regime to be deposed. and separatists to make the running as the economic and social problems dominated regional elections in kind of the main french speaking you back voting is now underway and there is pro independence prodigy cuba while wins the province could face a referendum on breaking away from ottawa. for the global economy showing little sign of growth are we also president of russia's second largest bank about what he sees ahead folk label fine is this coming up. and requesting president a very severe bank precious second largest bank it's really great to have you with us today after so you've had it be to be for the last ten years and you've been
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there in two thousand and eight and you so everything when the financial crisis broke out now the global economy at this point is really not much better off i mean you have the eurozone crisis unemployment in the united states is still really high and when china is really had it for a hard landing if you compare things today to four years ago how bad are they i think we have to accept the word volatility it's become part of our life. of course the world economy he's passing the preview of the cycle and we expect that when there's two or three years it will be quite difficult for the global economy and would not be very easy for the russian ones for example. we sing the global economy will not grow for more than two. percent so because of our growth and slowing down but we don't expect any problems like we experienced or
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in two thousand and eight and the world economy stupid to solve and so on so you're not expecting any heartlessly we're all nor the second wave of the crisis i think there will be quite a long period of recovery which will be more than we do one just mentioned the problems that we should be resolved one of the issue of course is the crisis in europe and there's still a lot of truth still not very clear how these courses will be resolved but of the end of the room expected any sharp decline in the quantum where you just mentioned to you. crisis which is really sharp at this point are you concerned about a possible impact on your business because of that list of course there's no direct exposure of the russian banking sector to all european banking or financial sector but our concern of course is that the european recession will lead happening already here too we could demand for russian export goods such as what we
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see in the metal. and in the future if it can lead to the drop in oil prices that will affect our clients and through the quotes the russian making sector will be affected as a world i want to focus a little bit about the recession fears that you've mentioned spain's banking system obviously being the biggest problem at this point because you have all the depositors pulling out their money out of the banks and everyone's fearing that something really bad is going to happen do you think something like lehman story could repeat itself or even worse because american that injected a lot of money and conditionally to their banking system europeans aren't ready to do that but i think this was a good lesson for everybody and i think. no one wants to. be this experience because lehman's lehman's collapse to a chain reaction all around the world and particularly america so i think european
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union will try very best to protect the spiritual banking sector but of course quite right i mean the if we take europe. one problem after another we have a problem in spain portugal and you need to not only in greece so by resolving one problem we will have to face another one immediately and that's why i think the crisis in europe will be quite the collected and of course it will it will require even more political will on part of the leading european governments the old resort so what is it like growth. versus hysterically what do you think is the fire well this year you will produce a negative growth and of course storage is another problem because it will not help to resolve the question of growth and the situation so i think it should be a reasonable approach to authority plans but we still on the other hand have a very high budget deficit will around three hundred it be on part of the style
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through it being country so i think there will be a moderate approach there will be definitely. much more severe discipline on spending in south from europe but on the other hand i think the government. support for the mom still will be required in order to get in she reasonable growth and positive growth hopefully in europe next year what's going to happen to hear a let's say in one year's time in your opinion my personal opinion the my analysts that. these are the dollar for example you are a little bit of a currency on the other. is to believe there will be enough political will in part of the united europe to keep all countries within the european monetary union or within the eurozone and the greece to breeze over the other day you mentioned recently that this was frank wants to say first currency to get their
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money out why is that you saw the well there's a number of reasons for the tightening up over the. other currencies and there's been four months of. track record frank over the last few years. so who's on to a very big stand still so it's frankly is a quite reliable. instrument but i'm not saying i mean i still believe that of course if we talk about currencies the dollar and euro will continue to be the major reserve currency. the world with the potential. for chinese yuan to become another one i think with the possibility or russian ruble to become a. regional currency for settlements and maybe even those of currency for poor soviet union territory that was going to my next question actually but we've been hearing about the possibility of russia becoming a regional currency for quite
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a long out maybe five or six years. what exactly needs to be done for that and what time limits are we talking about things happening to extend it's already in the heart of the trade these channels through through through the ruble mechanism very simple things i mean the both exporters and import of should except of these that they're easy to trade in the roubles for the ruble should show a good track record of being a stable car and so predictable currency and i think what the sobig is doing now to providing a more flexible exchange rate for ruble is a good thing and provide more for looks ability on the other hand there's more but the beauty for the rouble we talk about the united states a little bit people still look at it and expect for a to contribute greatly to the global economy forgetting that it really still suffering from enormous national debt and three employment is really high at this point in regard to global economy is to us economic performance part of
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a problem or a solution at the moment did none of this in the. u.s. economy's developing. better than you are for example with some of the growth this year on the other hand doesn't provide any and for the for for growth like china no matter the slowdown as of china the rules do provide me with this for the global growth so merica of course has its own problems and the major one is the great budget deficit partly. based on their growing medical care expenditures. but what is for me seems for sure that america will not contribute war to rescue the european economy you've just mentioned china is slowing down a little bit also along with china some key economies that kept the global economy expanding like germany and brazil they're also slowing down so where will the much
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needed growth come from at this point still from from emerging markets this year the growth of the merged market area will be four times higher than the ones world so still there i think the main area and that's for example we should be focused on for the next five years for example now you of course to be to be also chair of the asia pacific economic cooperation c.e.o. summit and the member countries that are going to zation accounting for over more than a health actually of the global g.d.p. but how is the app i get it especially the upcoming pack in russia going to help find new global resources for new global growth because if you compare it for example last year i guess there were some deal signed you know company and government government with but hasn't really changed anything on a global scale it's a process i mean the it doesn't help over doesn't happen overnight it's a process you need to work on those specific things and the one of the keys you for
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a particular meetings that the liberalization of trades and investment in the region and of course this is a region with a very different level of countries with the countries with a very different level of development for example and different structures of equanimity but still as i mentioned before i mean that's one of the fastest growing region becoming a point of view we have china we are. going to meet. states and russia by the way which is also. the future is all one of the leading members of the region and for russia i think it's absolutely vital to focus on the asian site because we will always be looking for europe and we have a very close relationship in economy with europe but taking into account what we discussed before i think for russia it's vital that we will focus on our
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forums there's a huge potentials in the resources in there. in global cooperation the neighboring countries like china south korea japan and others we can bring investments which can be in growth for russia so i think for us meeting is extremely is to be important let's look at a little bit russian economy because up to one hundred billion dollars are expected to out for out of russia i mean i know that investors could be uncertain about the russian investing climate before the elections but it's already been three months what's going on the money still going out well i think partly that is the general concern. in the global markets investment investors today not investing very much they prefer to see them care and to wait and see because it's top of the interview with the word well it eludes here i think you would for
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a recent period of economic rules on the other hand i think we know all too well the problems which exist in russia from the point of view of. investment climate but. the mistake i think we just have to focus on on this if you take for example far east there's a good opportunity for bringing a lot of investment but the we need a really clear cut to government course there's nothing in the russian legislation on the or investment climate which can prevent us from doing this. and that we definitely number one task for us he's to change the nature of what we call the me to make it a focus on investment growth rather than resources growth because again we can talk about the prospects of the economy but we always come to the conclusion that if you will price for your alls will go below ninety five
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dollars per barrel russian economy will be in trouble and so is the main and major risk for russia's economy a lot of the oil prices still remain the major risk for the russian economy today and the question had a fit to be frank thank you very much for a century you think. today . these are the images. from the streets of kandahar. operation.
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yup look i'm very easy credit rating is switched in that i had to as a relentless wrongs of euro zone to be doing so. solutions to the long lasting crisis that as the unions pour is member bulgaria shelves its plans to join the common currency. but the result thousands of syrian refugees displaced in turkey says its camps are completely full when once the un to set up the buffaloes are in the movie could mean a potential military intervention into syria as the west continues to call b.s. of regime to be deterrents. and separatists make the running as economic and social problems dominate regional elections in canada's new french speaking kit bag the
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voting is now underway and pro independence but it's a big walk when the problem is good for you as a referendum on breaking away from. my cage is mexico with the latest from sports. hello welcome to the sports update this change we thank you for joining me and here are the top stories big deal league leaders need signed brazil strike a whole belgium midfielder sold it sold for one hundred million dollars going to play in europe. one first test coach fabio capello prepares for his first competitive games in charge of russia without captain shot and head of friday's wall cup qualifier at home to northern ireland. and i did i want to entertain runners up on god in the season opening match here in the russian capital. but
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first a football and russian premier league leaders and twice defending champions in asia have signed to brazil strike a hawk and belgium midfielder axel gets zero for fifteen million dollars each with just hours to go before the russian side have to submit their swags will play in europe to you a thought which almost like the side signed twenty six year old daughter and twenty three year old bits from portuguese and speak up each have been given a five year contract by the symptoms to backslide you are back to my energy giant gazprom so they each have been drawn in group c. in the champions league where they'll play ac milan and the like. but meanwhile the growing speculation about the future of christiane i remembered the real madrid the twenty seven year old ringgold refused to celebrate his to go is doing right now is three no way much time to grow a draw on sunday and told reporters that was because he was unhappy at the club. maybe it's because i'm a little upset that's the only reason when i don't celebrate goals because i'm not
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happy people here at the club they know why i have nothing further to say. well meanwhile full of new striker dimitar berbatov has criticized his former manchester united manager sir alex ferguson the bulgarian striker said who was unhappy at how he was treated during his last season at old trafford when the thirty one year old made only twelve appearances and says he wasn't given a proper chance to prove himself. pushing a simple challenge does i did try to fake force and it didn't work they let me go or when i got my goals in march this week i was a starter which there's nothing to be ashamed of i became the premier league champion to my is a top scorer in the league general with united it was the top of the game of them in the end i said my goodbyes with everyone there it is and i'm going to go on with my life in a different beliefs just completely normal things i want to know the most well in the meantime russia have been dealt a blow ahead of friday's opening world cup qualifier time to know the island spot. is rolled out with a my knee injury following tuesday's training session a worry for the manager fabio capello who has already dropped longstanding camping
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. which of important reports. if capello want to stamp his authority on his new russian side he certainly achieved that he made the tough decision to drop former captain one day a shot in his almost been unable president for his country over the last decade however the arsenal striker hasn't been in great form this season drama should all have say as it is a surprise not to seize form as any team mate in the squad i think it's a surprise as he was always in the squad before but capello obviously wants to take a different path now i don't really have a lot to say about our sherman he's a good player and has played very well for us i think it's a shame that he's not in the squad. russia play their first world cup qualifier against northern ireland on friday and will be looking to qualify for football's biggest tournament for the first time since two thousand and two capello has been given the task of getting russia to brazil and sheryl crow says it's great to work
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with the italian and i said look here in theory the coaches have all been similar with capello though training is different but we didn't play well at the euros and we really motivated to play well whenever we put on a russian shirt we always give our best. there are a number of new faces in the russia squad who didn't really feature on the former head coach to counter currents defies all in black and on the issue all relatively new and for the latter who's already twenty eight his call up came as a bit of a surprise. to you i'm really happy to be called up i think i have worked hard and that's why capello has given me a chance. russia's players didn't know too much about the northern irish team of earthly home friday however they are expecting a tough physical battle against a side around to one hundred one in the world of fabio capello's have just over a month to get to know his new players but this is where the going gets tough for the italian as he looks to try to help russia qualify for will be the first world cup since two thousand and soon or capello's already made
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a bold statements by dropping former captain andrea sharp and then he'll be hoping to play is what he selected can help russia get off to a perfect start in the world cup qualifying campaign with victory over northern ireland on friday richard darty moscow. and in the meantime the new i saw the season is on the way this cheese day was running champions the moscow hosting run as i have on god in the traditional first verses second curtain raiser this much is also not working with his cup named tributes to the yaroslavl team which was killed in a plane crash on september the seventh last year and the club is now back in the tournament this season rebuilding last walk home meanwhile the victims will also be remembered by canadian that gins as the likes of wayne gretzky and mark messi have arrived in russia for top notch as their team will face former soviet greats in got a slab a long flight day but before last a match will take place in st petersburg on wednesday to celebrate the famous summit serious the two nations showdown was first held forty years ago and the
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canadian superstars are happy to reenact the battles of the past. we're just really excited and thrilled to be here and the chance to see all the great players that were part of candice team but the russian team also in the hospitality your has been tremendous and we've got a wonderful time thank you for the invitation coming over here and seeing everybody again sharing this experience is that it's really. a dream come true in many ways. tennis now and french open champion reassure up of her is looking to reach her third grand slam semifinal of the year she takes on marion bartoli at the u.s. open ocean that has won all four previous matches against the eleventh seeded frenchwoman and should she extend have a perfect record to the world number three will face either top ranked tory as our anchor or detaining champion some soda. while on the men's side hole that novak djokovic will taste an assassin val brink of switzerland the we're not could next
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place when martin del potro is up against retiring andy roddick and of course the former champions but before a lot of fourth seed davidge ferrer takes on the leash of gas skate and yankee artists are of age goes up against it called schreiber. well on monday the day belonged to serena williams the american steamrollered czech and i have after facing just one point the course seed has dropped twelve games in her four matches accession meadows this year although she's playing down her don't want to go for. i want to sit on the grass started out strong in the tournaments will vote today i'm getting more comfortable with the court and comfortable with the conditions then getting back to more my game which is good you know i like to you know i like to play better during the second week so hopefully i can do that. well serena seems unstoppable in the singles but she and elder sister venus are out of the doubles tournament the russian go of no idea but all that and worry caroline knocking out
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the reigning holden and luke champions in straight sets six one six four into the quarter finals. on the boxing now and with just four days to go until their title fight here in moscow w.b.c. heavyweight champion of the tally fitch co and challenge my welsh i have met a peaceful press conference here in the russian capital twenty seven year old and journalist citizen char is only be in twenty one fights with eleven knockouts with a promoter score safety point. thank you for taking want to talk to experience origins in the w.b.c. title fight well the forty one year old ukrainian was relaxed and tore up the fight while charges for the praise to his opponents despite wanting to get that. i know many within my opponent manual char does not have a big name or much experience but he's a boxer represents the new generation and as reigning champion i can't simply fight against anyone anymore we've picked a strong opponent who is ranked in the top ten world ratings. it is my dream to
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have come this far to be able to fight klitschko and of course now people are laughing become saturday when i knock out which go they won't be laughing anymore. well finally gulf and well number one rory mcilroy produced a blistering final rounds two in the georgia bank championship by one stroke on the final hole in boston but all the irishman's latest drive come straight weeks after winning the p.g.a. championship and saw him overturn a three shot deficit on the final day south africa's first toys and is tiger woods of the shot back when mike royko did a sixty seven and had an electrifying start with three buddies on the first four holes and took the hour right lead on the fifth when toys and drove his ball into hers it however the south african did manage to keep it close right up until the eighteenth meaning mcelroy needed to sing this to be sure victory but was agonizingly short and he then had to pray as toys and missed his birdie efforts to
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avoid a playoff. i. which he did handing the twenty three year old the title and top spot in the fed ex cup standings which guarantees back for a shot at a ten million dollar bonus at the top championship later this month. that he couldn't finish it off too i would like to see how i got there in the end so you know very happy third victory of the year and you know great to get a victory in these playoffs and you set me up in a great position going into the next two weeks. and that's a response i ask i said. well . it's technology innovation all the developments around russia we've got the future covered.
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