anyone it seems to be a private investigator there's nothing secret anymore in this in this country is that i mean walking down the high street you know under surveillance surveillance the surveillance is just there it's what happens you know it's a way of life now isn't it but the lack of regulation means that in the cave right now anyone can it any time be watching you no one is watching them so if the. london scary moscow time things people with this this is r.t. live from moscow to touch it is here with business tonight a lot of talk this early part of the way we were talking about it yesterday and again today about slovenia the worry that it might need a bailout i mean is it really falling towards an abyss or what is the what is the picture well the situation is a grossly underestimated the amount of money needs to prop up its banking sector but in adamantly denies the a bailout and. this is how before this reform with well get it really deal with it

on its own all the answers in the business for after a short break. it's. more

news today violence is once again flared up. these are the images cobol has been seeing from the streets of canada. corporations are all. it's thirty two minutes past ten pm here in moscow welcome to the business program on r.t. slovenia could become the next cyprus the organization for economic cooperation and development said tuesday the country's banking system needs more cash than previously estimated for beanies denying it needs help from the european neighbors but its banks most of them state owned to have roughly nine billion dollars in overdue loans now that may not seem like much but it constitutes

a fifth of the ladies g.d.p. earlier on wednesday asked if shocks a d. key from the capital in london if he thinks slovenia is in next in line for a bailout the real question is be how manageable is to to get the banking sector in check that the banking sector itself is at the brink of a lot of financial distress and could be at the brink of brink of collapse which is really worrying markets right now and i think right now where we're really looking for is if the civilians can do it alone instead of seeking outside help and actually start taming some of the losses in the banking sector and maybe start selling off assets or privatizing the banking sector for others what does this signal to the global economy as a whole yeah i think that actually means the contagion is here to stay the specter of bailouts are going to keep popping up back and forth countries in the eurozone are still very much vulnerable is that going to be years of started see no growth

and the leveraging across the board from the euro zone and that's going to make countries very vulnerable to seeking outside help and whether they go out alone or there are some help from the e.c.b. . from other international and sources such as the. thing that we would be looking out for at this point right now i think that the thing signal for the global economy is that the u.s. i say is not out of the woods and a recovery is very far from sight. not everyone agrees that slovenia will inevitably follow in the footsteps of cyprus russia's former finance minister executed when believes at least half a dozen countries in the euro zone face serious risks i mean it wouldn't because it was. when slovenia is in a difficult predicament dealing with problems there is easier than in other countries there are more fears about portugal italy and spain because these are the countries in real trouble right now all efforts are being directed to save them

because of this bailout may be very high but the risk remains for big and small countries alike she's here with the germans have a less money than the cypriots who may just help bail out that's if you believe the results of the european central banks a latest study it found that the medium household wealth of cyprus is five times greater than the fifty thousand euro median wealth in germany it also said the median wealth in greece which had zero pm neighbors bailed out twice is actually more than double that of germany experts say the results are extremely misleading there skewed because most cyprus actually owned their properties while the germans for the most part prefer to ground what also warps the results is the number of people at household now cypriots have some of the largest households in the eurozone germans by contrast have some of the smallest. and some also argue that

the e.c.v. s latest studies simply an attempt to make the germans feel better about forcing cypriots to finance their bail out by ruthlessly taxing their wealthy u.s. billionaire investor george soros was in germany on tuesday he summed up his attitude about germany's role in the european bailout by saying it should either back the idea of collective debt read euro bones or leave the euro zone. and it's time now to check out some of the numbers the markets on wall street where trade is pretty active this hour we see all lot of optimism in the stocks extended choose these gains with the s. and p. five hundred touching an intraday record thanks for the most part to the latest earnings. while they're meeting or even sometimes beating investors' expectations we'll see if that trend continues now moving on to europe there we also saw

a pretty upbeat picture outstanding gains on wednesday more than two and a quarter percent for germany's dax that's pretty impressive we saw some good news coming out of china which many investors still see as the locomotive for global economic growth the chinese imports for the month of march beat the forecasts now move it on to the currency markets what we saw there is the euro extending its gains against the dollar and managing to climb against the japanese yen for a fifth straight day again law school the ruble showed some strength against both a dollar and the euro as you can see right there and when it comes to the russian equity markets they also extended their winning streak on wednesday although the my sex and did the session fly out to the previous day heavily indebted minor machel actually gain more than seven percent on the news that it reached a deal with the t.v. to refinance some of its debt the world's largest selling many of producer sol was

also one of the winners with three point seven percent gains now it rose for a seventh straight day is a record winning streak for the company's stock. well that brings you up to date on the latest in business when we come back our tease sophie shevardnadze toast of the visor to syria's president assad both the ongoing conflict in this country. welcome to the big.

british. find out what's really happening to the global economy. into. a building. mission to teach. only.

about international landlords in the very heart of moscow.

that's i would say the shotgun advisor to the syrian president thank you very much for being with r.t. to day thank you but we can't ask. for it so i want to start off with the latest news do you know what's happening to the four italian journalists that were detained in the north of syria now i have no idea really because i do know now of the so many conflicting reports about a neutral in syria. it's very difficult to sift through the truth so i really have no clue what's happening to them. but if they were captured in serious norrish near the turkish border do you guys still have control over this territory or are at this point it's the free syrian army and the turkish side too are the only authorities there it's very difficult to speak about the control of the net. in the north because there was. a certain point tried to kidnap or do something and then you know that doesn't mean that they

control the point do they just make swift here and there and then you know that's how the that's how they function but. they do not control the area i don't think they do but the media has a life will be told and speaking about how much per cent of the come to their control and what this is. what they're doing only in order to serve to the political legend. have an interest in the. being the sudan and the one thing the crisis anyway so the government forces still have some control over the north of the country right. absolutely not on this some control is a lot of control over the north and the south and the middle and the west and east of the country definitely president assad has recently appealed to brics countries

to actually intervene and stop the crisis in syria. what more can pricks countries do other than russia and china to actually help this conflict is there anything else to do. i think the brics countries voted for international stand for stopping violence and city on something like what prison what president putin said yesterday in germany that violence has to stop by all sides and then they have to go around the table and then the sudan people should decide for themselves that we can't deny now that the syrian crisis has a regional and international level and that unless these two levels are sorted out and the less there is a real intention to stop the crisis by these two lovers it's very difficult to stop with inside syria because this is not a crisis that is only in syria but it is a crisis that being threatened are financed by both regional and international

forces speaking of president he recently during his visit to germany suggested that all shipments of arms to syria should be stopped but that includes shipments to your side as well is that a viable option for you. but you know it but he also said that nothing there's nothing that prevents countries arming the state to know from arming other countries because there's a big difference between arming. who have no identity you know in two thousand or international and two three and by arming a country but the. so you have to i. president putin what does he mean does he mean that we have to stop what's been through every one or does he mean that we have to stop what would we do those who should not be armed in the first place from what's been under stude from the statement

a stat that maybe it's an option to stop supplying arms to both sides to the government side and then the foreign countries stop supplying arms to what you called the terrorist groups is that an option for you the problem that you have been placing right from the beginning of the crisis now is that the other side you know we have two sides we have a dish on china and the brics on one side and the western side on somebody you know and i've been poor of genetically countries who are with the western side the muslim side does not really live up to what that says if you dig put examples as best i'm a new from birth forward they are american ambassador in congress on that one day the flyers and read that you would see that you know what is being said is absolutely. proven but truth so even if they say. leave the weapons you know all be on that or is that the acts that are happening in syria

over the killing of the kidnapping or the problem that our children our women are facing a horrible humiliating conditions and refugee camps and did and driven only this they considered it you know non-lethal because they don't think of human integrity and human dignity that for us is a marley's that is i'm and then only the up and so if there is an international will to stop armaments to every side of this at this moment probably could be discussed you know i don't know i don't know what are the international a moment but but the other said the problem is that they say we support geneva agreement geneva communique the first i'd. ingenue communique is to stop violence by all sides and yet they feed violence in sudan they have been be heaving by lands in syria for the last two years unfortunately it is

a city under siege and people are paying the price for that and big a pretext speaking about the president the government but the issue in syria is neither of all of the good about the government it is about the syrian people it's about syria with its civilized human historical and a very distinguished political entity you know earlier on there were a lot of help for negotiations there were reports of lists of people drove into these talks venues have been were being chosen even moscow was you know named as one of the possible options what happened to this list what happened to the stocks . whether this is a very good cause to sophie i think everybody in the world should also see question because the syrian government said we want to start talks right now dialogue is the only option political solution is the only solution president assad came up on the sixth of january we supported geneva communiqué we want to start

a dialogue now it is the what is so called a position with all of the parties that i have named in this interview who would refuse to sit around the table and to put preconditions the objective proof which is to made all the big crisis continue in syria and to continue the suffering of the sudan people on the condition that to be put out a pretext in order to prolong the crisis of the studio i think one who cares about this it in people who cares about syria should support political solution should support geneva agreement not only the nords but by inviting everyone to sit around the table and find a political solution to the crisis in the sense of any change in the u.s. position in a conflict with kerry leading american foreign policy now. well we certainly hope so you know we haven't seen i mean we have been hearing sometimes the from

distasteful and sometimes contradictory statements coming from dawn on the one hundred busy it was some poor geneva agreement on the other hand like robert ford saying we support establishing court ruling in some areas and if you comes and sees these school or councils they are the ones who are kidnapping who are killing who are horrid applies to what they call sharia law but it has nothing to do with islam so we hope that the secretary kerry would truly to support a political solution in syria we do truly support bijan even agreement with the truly support the full meaning of violence immediately because it's not what happened to the syrian people and if you does surely you will find russia and china and the brits under syrian government of course while coming down. possible use of chemical weapons is another big topic give a kiss the rebels of using them and called for the un investigation but now that

the mission is ready to go you're saying that u.n. wants to expand the investigation and see the heat an intentional breach of syria's sovereignty are you really in a position to bargain i mean can you afford to prolong that uncertainty related to chemical weapons use. well i would love i would like to remind you you were under a believe you were that it was the syrian government who asked the day you were to come and investigate the use of chemical weapons by the armed gangs and after a lot of correspondence in the stead of sending a committee or a commission to investigate this incident in qana lifestyle and i lived before this started talking about as are instances of use of chemical weapons the start of the syrian government is this we will one day you had to investigate this particular incident we are ready to look at any evidence offered to the syrian government regarding any other incident that the believe it happened in syria and there you

are and is the one who did not fulfill the promise of sending people to investigate this particular incident now if the u.n. is unwilling to do that we go even further we are ready to receive people from neutral countries like russia and china to investigate this particular incident but i don't have that answer that needs to be brought to the attention of the syrian people correctly and in trying and we need to look at the evidence before saying yes ordinal. you know president assad keeps pointing fingers to turkey's role jordan the arab league for making the situation in syria worse do you have any other cards left to play we have the card of syria under the syrian people it is the syrian people who are standing against terrorism it is the sudan people who are standing against car bombs and car explosion the syrian people who are standing

against it are usually part of the few times a day and it is a sudan people who are going to make the future of syria but a guard list of all the designs that others might have again a city under going as the sudan people you mentioned the arab states who are creating chaos in syria why would they be interested in creating chaos in syria and to stick it destabilize the region. i think it is against their interests in the long run and unfortunately i don't think those who are creating chaos and city are right from the beginning have a totally independent will whether in their countries old or in the region unfortunately they are carrying out their designs that every design ploy that asian you know under probably for the word you know if you if you if you do think of what is happening in libya and yemen in sudan in egypt you know you in here out in syria

you would know that there is a huge the design that is made for this to the region and i think they are ignoring that tug that it is the people and they are people who make the future of their countries and personally i feel that what we are witnessing in the middle east is the absolutely the threshold of independence of a lot of countries and the benefits twenty or thirty years you will find another word that truly speaks up for itself and i hope syria is going to be the first country to usher in this a new dawn for the arab world think that this design is for syria alone or it's also about iran well you know it's not for city alone i think it is it's first of all about libya that is there any conflict first of all it's about palestine and the occupied territories and been in order to fulfill this desire and you have to bring in syria and hezbollah and be it out into the picture but it is about the

entire region it's about palestine and it's about the legitimate the legitimate rights of the arab people in their own lands and in their own countries and you can see that this is a new visit of secretary of state john kerry to turkey and to palestine is this speaking about a historical deal between the palestinians and israelis i think in all of what is happening in the arab world the arab israeli conflict is the core of what is happening in the arab world and in iran as well. right dr was bang thank you very much for this interview. thank you very much.

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