asking for a call from munich resting in debt brazil russia india and china say it's time for an outsider to get the job. one that one on european him scratching russia's eyes the head of the national bank program has been talking to r.t. and share his ideas on how that i could get a much needed shot in the arm. then outmanned of his candidacy for the automatic top dog seemed just as big of a surprise to him asked to the rest of financial community but a big warning martian could quickly garner the support of a number of its european countries including russia and is now ready to take on the role of not only a surprise candidate but also a surprise where are you going marching to the current chief of kazakstan central bank joins us now on our team thank you very much for your time sir you told reporters previously that. you learned about these announcements through the s.m.s. message how did it come about. was a must during the annual meeting or when a session devoid of financial sort of of present. or several messages from our prime minister. so i understand there was a decision taken af

found it deep into debt brazil russia india china and south africa are the norm that europeans should get the job. all one knowing that european he's catching russia's eyes the head of cows it sounds a national bank it will go to mark john guy has been talking to r.t. to share his ideas on how the i.m.f. could get a much needed shot in the arm. then outside of his candidacy for the on math talk job just as big of a surprise to him asked of the rest of financial community we're going to be going washington quickly garnered support of a number of european countries including russia and is now ready to take on the role of not only suppressed candidate but also surprised when arts and i'm going marching to the current chief of kazakstan central bank joins us now on artsy thank you very much for your time sir you told reporters previously. you learned of all these announcements through the s.m.s. message how did it come about. was there must. be more than. financial sector also present for several messages for my work prime minister from what i understand there was a decision to come in af

asked for phone calls from the rest of the zero to russia india china and south africa say it's time for an outsider to get a job. and person market based groups with strongly in the black held by the pilot world price the r.c.s. me myself off the solitudes he is expected to be quite low today partly because the markets in the u.k. and the u.s. are closed for public holiday more in business in twenty minutes. and online twenty four hours a day this is our team welcome to the program europe's most wanted war crimes fugitive is waiting for a serbian court to decide on his appeal against extradition to the hague former bosnian serb general that it is charged with the worst atrocities since world war two but back in belgrade thousands rallied outside parliament to support a man they consider a national hero of course server explains. the outcome of that is of course expecting to hear what the court will decide concerning his appeal against his potential extradition to the hague the court's decision is due today of course on that matter and we do know that a repeat of last night's violenc

preferred candidate to take over as the front of all political wrestling with deep debt still russia india and china say it's time for an outsider to get the job. world news and much more twenty four hours a day this is r.t. our top story europe's most wanted war crimes fugitive is waiting for a serbian court to decide on his appeal against extradition to the hague former bosnian serb general that it is charged with the worst atrocities since world war two back in belgrade thousands of rallied outside parliament so support and they consider it a national hero correspondent spent. the outcome of that is of course the expecting to hear what the court will decide concerning his appeal against his potential extradition to the hague the court's decision is due to day of course on that matter and we do know that a repeat of last night's violence is possible earlier the meeting of some ten thousand people in the very heart of belgrade just outside the parliament building turned violent at some point with youths was throwing stones bottles and firecrackers at the riot police riot police started th

providing transit it takes maybe i imagine yet to get it out the event is deep into debt brazil russia india china and south africa argue that the northern europeans should get the job. up next to developing gas on cross-talk to pay the future all up in southeast all knowledge she thought stay with us. please. liz. liz. can you see. the future. hello and welcome to cross talk i'm peter lavelle issues of relevance and even legitimacy as the jostling continues as to who will succeed the now disgraced dominique strauss kahn at the international monetary fund many still question the usefulness of this global financial institution is the i.m.f. a political tool of the west or an unfortunate messy place you can see. to cross-talk the role of the i.m.f. today i'm joined by peter chola in london he is a program manager at the bretton woods project also in london we have daniel ben-ami he is a journalist and author and in cambridge we cross to jeffrey frankel he's a professor of capital formation and growth at the harvard kennedy school ok gentlemen this is crosstalk that means you can jump in anytim

russia like india feel more comparable keeping the euro back and central bone reserves in special drawing rights with the i.m.f. and doing away with united states treasury anything that will trigger countries to sell off the u.s. treasury bond holdings is a sign of trouble for the united states because as i say those treasury bonds us treasury bonds is what allows both burbank to have his printing presses going on twenty four hours a day if that were to be stopped and if america were to stop printing currency well america could at least financially collapse if want to focus on here are many countries that were bailed out now strauss can play the leading role in bailing out greece ireland and portugal now what about if a country for instance like spain came along wanted to follow suit at some point in the future what are the chances of a country getting bailed out less these days now in this new climate again yeah but that is a sign of trouble because again because of a. straws come socialist means he had a tendency to say ok the job of the i.m.f. our image is to help ireland portugal hope

pushing its preferred candidate to take over if again as the new plunges deep into debt was still russia india china and south africa found in should get the job. though news in the heart of last time first we assess what it means to be a good soldier our special report is next or not. there was one particular incident there are still stores. i wish i could take to. give. we went into an area near the baghdad stadium and came into our area and actually stopped about seventy five meters in front of my vehicle that tells you how far the vehicle came into our program. and. which is why we lit it up. we had three of the. victims in the right that there were expiring rapidly we pulled them out of the car and we started doing it for a state i called a corpsman the corpsman came and got the three bodies and took them back to the patel i and surgeon. called me came back dump the bodies on the side of the road and i went over to the corpsman i asked him i said what were you doing how can you bring in a back and need to get him out of your you need to get him back to an area where they can see the surge

has been treated more with wrestling with deep debt as ill russia india and china say it's time for an outsider to get a job. for more news in half an hour start first with assess what it means to be a good soldier our special report next update. to be a soldier was a very important thing in a young man's life and to be not just a soldier but can be a good soldier and to be in combat. and. that's where you belong. and that's the southerner in me in time of war that's where you belong. governesses said. probably two on my journey because. i needed to get out of this is on the water and. then harbor michigan to work on a harvest and that work i couldn't do i couldn't make money at it so i came back and while i was in jackson i why two of the induction center and signed. this is a particularly there were five textile mills and i want to for about two months and looking for a job and finally. one of the old neighborhood greats around for years occurred i get a job in the cotton mill. coming straight to the army recruiter. i grew up in a trailer park i grew up in a little small town called

all thank you very much for being with us well this month the brics countries which are brazil russia india china and south africa have agreed at the summit in china to establish what they call the mutual lines of credit in local currency which particular consequences do you think it will have for bilateral relations and will it affect the the u.s. dollar as a reserve currency as a world reserve currency. i think that this summit brings. for single for not only the violence for russia and china but to the whole emerging powers in the world that we call this is multiple laboratory the world. being our emerging powers mind i don't think that. other countries and they will agree with this point and the currents overall say that to some extent i think that the emerging howlers on the mirror own millions things they want to be in integrated more closely with each other and the currency i think that the main point and the main content in it and as i know that well for a long time china and the russian government has been to have been discussing about the currency and especially in the energy fiel

bearing in mind the emerging economies the brics countries brazil russia india china. well i think it is important from a psychological perspective because i think the past sometimes matter but as you said and i think is in president obama's speech was a very long speech it was very deep in it there was a big section in there that really talked about the relationships and partnerships of the future that means that you've got to have not just obama cameron op eds with each other but you've got to have op eds written with the presidents of presume and the prime ministers of india and the president of russia and you know there's a whole new emerging set of global stakeholders that somewhat make anachronistic this precious u.s. u.k. relationship in the same sense that it was looked at in the past and i and as i said i think it's a good thing a healthy thing to move forward and to maintain good communications and to talk about the challenges of the future but know that there are going to be other people other players and other nations at the table and i've said also that th

you mention china, the brick companies, brazil, russia, india, china. what is the market like now in those regions? >> incredible. definitely at the high-end. you have to spend a lot of money to get though those places and to do them right. and most americans if they're going to go are going to go for a listening period. this is why it's become a great destination for the luxury traveler, especially a place like india. seeing great growth of new hotel offerings. and great infrastructure. and we see their big hotel chains like taj and oberoy spending to attract the american traveler by building new properties, upgrading existing properties, recognizing this is the high margin customer and they want that. >> we just spoke with prince awaleed and they have a number of properties around the world. what about europe? that's been stuck in the mud for a little while on an economic basis. that still the case as it relates to travel? >> well, americans have a love affair with europe. they can go to paris, they can go to rome, they can go to madrid over and over

remember with these resolutions that not everybody is happy to sign up to them for example brazil russia india china germany all that staying this resolution would not have you know . personal backing and if it wasn't for the british and french in particular armor i don't think they would have been worn as strongly worded as it was but this resolution has then become bent out of state beyond all recognition really hasn't it i think there are real questions being raised i mean the reason for going in was concerned about the civilians and being brassy it was a humanitarian ticket if you like and that was a valid concern and whether it was a valid justification for interventions in the reason but what seems becoming apparent is that we now have the no fly zone in effect becoming the air force of the rebel fighters and theoretically this air force can provide cover all the way to tripoli and i question whether that was within the spirit of the resolution as it was originally defined and how do you feel about what our hague and ship a have done to this resolution well you know at the end of the day

challenging the tradition of appointing a european the head of the international monetary fund brazil russia india and china have joined with south africa to say the kind that it should be chosen on merit or both of them in their distress the developing countries should get a fair chance the idea was echoed by prime minister bertie the portion he spoke highly of the french finance minister christine lagarde candidacy is that it's all the e.u. members putin also gave his support to the head a cabinet stance national bank requiring much impact in an exclusive interview with r.t. trying to said it's only a matter of time before europe's monopoly of the job comes to an end. is very much a message that the developed countries in the european countries would like to maintain the status quo which is not necessarily for. changes in mood for fear of already started but probably do not go far enough now with millions of people dying from drugs something glaus and public awareness campaigns are not enough in the battle against the ball armed with their own methods russian vigilantes are on the warpath agains

international monetary fund has always been a european before leading emerging economies that's brazil russia india and china have also joined with south africa to say the net should become fast one leader president of bennett stressed that developing countries should get a fair chance but the idea was echoed by prime minister vladimir putin is very highly of the french finance minister. under the sea is found by all the e.u. members but north gave his support to the head of talent firms national bank recorded not tanka well in an exclusive interview with our team are trying to settle the galaxy is a favorite it's a really a matter of time before your it's been not really on the job and it's. very much a message that the developed countries and the european countries would like to maintain the staples which is not necessarily for i think the changes that have. already started but probably they do not go far enough. well we'll bring you all of the interview with the head of counter-examples national bank around a candidate for the i.m.f. presidency on monday here on r.t. ok quick check now it's all

culture told to close the economy is in a period of rapid change the emerging nations of brazil russia india and particularly china are quickly overtaking the established economies but mark hughes and from reinventing bretton woods committee says this doesn't mean the world will be divided into a new start to winners and losers. we have to tackle three issues concrete exit you were a threat to your resume and those are the countries we have to face because each question goes through the social contract in the western wall and you know we have to face a new reality and it's going to be very difficult for people who wish to wall you can tell the population that they have to accept their privileges territory when you mean for you if you are a new concrete immersion where you see easy emergence of a middle class country you are want to consume water you will fly with the western countries finger it also hope that you will find the right framework between the western wall of the regime ok good can you win win situation. and here is this upshot of the market's performance the sound let's start wit

decides who gets the post and you is already lining up the candidates but the bric countries brazil russia india and china have other ideas. on how the for the leading emerging economies say it's high time someone else how to get. it's a change they don't believe in with the former director dominic straw's current out of the financial picture they're going to is looking for a suitable replacement and while the current financial situation in europe may suggest a new approach is needed to solve the problems by looks of it the i.m.f. will go in the other direction the weight of tradition and also the fact that there has been a longstanding deal between the united states and europe the u.s. will have the world bank and europe has the fun i'm sure the europeans would convince all leading thinkers on the matter that at this juncture you still need someone familiar with the problems of the usual some the runner up is the french finance minister christine legarde and while europeans hail her as one of the strongest economists in the euro zone some remain skeptical about her progress and christine will g

international monetary fund has always been a european but the four leading emerging economies brazil russia india and china have joined with south africa to say the net should cost y. that possible stress that developing countries should get a fair chance in was echoed by understanding that he spoke highly of the french finance minister christine legarde ten of the sea is bad or even members of the second for support to the head of as it stands for national. action for an exclusive interview you know. that god is a favorite son a matter of time before us and not play on the job means. he stated sure. it is very much a message of the developed countries and the european countries would like to maintain the status quo which is not necessarily for here and i think the changes you name have for have already started probably do not go far enough. well there are more today's international stories we're covering for you the south nato air strike in afghanistan all that are held on the province has left at least fourteen people dead we're told it was insurgents that instead two civilian homes were struck

the character of the global economy is in a period of rapid change emerging nations of brazil russia india and particularly china ok overtaking the established economies but not from reinventing bretton woods committee says this is not mean that the world of a divided into a new set of winners and losers we have to tackle secure issues to country that's a good strategy your resume and those are the countries we have to face because each question is also the social contract get western wall until we have to face a new reality and it's going to be very difficult because the western wall even tells the population that you have to accept a credit for stereotypic windsor meantime if you have new countries emerging where you see these emergence of a middle class size of countries almost because she was twelve you will fly the western country as i think there is also hope that we find the right framework between the western wall is emerging market that can be when we situation. that's all for now but we'll be back with more that's the fifty that's for. if. the. man in the mansion would be so much

character of the global economy is in a period of rapid change the emerging nations of brazil russia india and particularly china are quickly overtaking the established economies and from reinventing buttonwood committee says this is not me the world will be divided into a new set of winners and losers we have to tackle security issues could create to go through to your daughter or the countries we have to face because the question is also the social contract is it worth to be walled you know we have to face a new reality it is going to be very difficult for the people the worst of all. the population is there to accept a product for austerity it is a mean time even if you have new countries immersion where you see easy versions of the middle class countries or was tickled human you will fly to the western country there is also hope that you we find the right frame or between the worst of all is emerging market good can do we creation. that's the latest in the log on to our website r.t. dot com slash business and more stories. thank you. a moment when the world has changed forever. thousan

boss of the international monetary fund is european for the fall leaving little commies brazil russia indiaand china have joined in south africa to say the net should be cast wider present better stress that developing countries should get a fair chance of the idea was echoed by mr freeman he spoke highly of the french finance minister is one of the see is backed by the new members of consonance and can support the head of kazakhstan's national bank who are watching an exclusive interview with r.t. martin sent in the card as a favorite sonia matter of time before you are not clear on the job ends. kamloops is very much a message that the developed countries and the european countries would like to maintain the status quo which is not necessarily fair and i think that changes in my for a lady. probably did not go far enough. in the face of a narcotic. russia has been upping the ante in its fight against drug trafficking and strict laws and a public awareness campaigns up and uses mixed results and that's not enough for some attorneys or international reports on those taking justice into thei

character of the global economy is spend a period of probably change the emerging nations of brazil russia india as particularly china are quickly overtaking the established economies but marcie isn't from reinventing bretton woods committee assess those doesn't mean the world will be divided into a new set of winners and losers we have to tackle through to reach through to concrete exit. doors or the countries we have to face because if you question also the social contract is the worst of the world you know we have to face a new reality and it's going to be very difficult for people the worst of all tells the population that they have to accept a product or steer if you please i mean tory even if you have new countries immersion where you see easy versions of the middle class countries are was to consume was to fly into western countries. do we find the right frame or between the words to the wall is a very market view with situation. as the latest buzz saw my colleague currently coming we'll bring you more in an hour's time. all. wealthy british scientists are. asked time to cut back on. mark

the global economy is a period of rapid change emerging nations brazil russia india and particularly china are quickly overtaking the established economies but mark we inventing bretton woods committee says this is not me that the world will be divided into a new set of winners and losers. we have to tackle some thorny issues that the country likes a good specs eurozone that those are the countries we have to face because the east question is also the social contract can sit with the world and know we have to face a new reality and it's going to be very difficult because the western wall tells the population that you have to accept a credit for staring you in the meantime if you have new countries immersion where you c.z. measures of a middle class size of countries are wants to consume was to us will fly this western country as i think there is also hope that we find the right framework between the western wall is emerging market that can be win win situations and so for now unless. a moment when the world has changed forever. thousands tranced to nothingness. thousands wounded. and

fuel because of the global economy is in a period of rapid change the emerging nations of brazil russia india and particularly china i quickly overtaking the established economies but not reinventing bretton woods committee says this is not the world will be divided into a new set of winners and losers. we have to tackle street door issues to country to go back to your resume of those other countries we have to face because each question is also the social conflict in the western world and though we have to face a new reality and it's going to be very difficult for people the western wall you can tell the population that you have to accept a parade of austerity in the meantime if you have new countries immersion where you see z. versions of the middle class size of countries almost because she was will fly to western countries i think there is also hope that you will find the right framework between the western wall is emerging market it can be win win situation and. finally a bit of economic news russian manufacturing growth may be slowing down but the same is not true for services activity

international monetary fund has always been a year appear before leading a column is that brazil russia india and china have also joined with the africa to say the net should be cancelled by government president maybe added stress the developing countries should get a fair chance the idea was echoed by prime minister who said he spoke highly of the french finance minister christine lagarde candidacy is backed by all the e.u. members but putin also gave his support to the head has its stance national bank and the gory a mother in an exclusive interview with our savior martin said although it is a favorite it's only a matter of time before europe's monopoly on the job. is very much a message a developed country and the european countries would like to maintain the status quo which is not necessarily for. changes you know. already. but probably didn't go far enough. well we'll bring you our full interview with the head of patrick sands national bank and i counted it for the i.m.f. presidency on monday here on our take a check now on some of their international stories we're covering for you this

challenging the tradition of appointing a european as head of the international monetary fund brazil russia india and china have joined africa to say the candidate should be chosen on marriage president didn't stress that developing countries should get a chance well the idea was there by prime minister benjamin who said he spoke hardly of the french finance minister christine legarde whose candidacy is balanced by all e.u. members but putin also gave his support to the head of cuz it sounds national but gordon marketing in an exclusive interview with r.t. must change that said it's only a matter of time before you're not clear of the true cons to read minds. it is very much a message that developed countries in the european countries would like to maintain . which is not necessary for. things the changes for already started but probably will not go far enough. some of the world's stories making headlines this hour now and two women and twelve children have been killed in afghanistan as well as whole helmand province by nato troops there's halakha it was supposed to be insurgents but instead civi

the character of the global economy in a period of rapid change the emerging nations of brazil russia india and particularly china are quickly overtaking the established economies. from reinventing broken he says this doesn't mean the world will be divided into a new set of winners and losers. we have to tackle story shoes country legs good legs your resume and those are the countries we have to face because the question is also the social contract is the western world and no we have to face in your reality and it's going to be very difficult because the western wall tells the population that they have to accept a credit for sterrett when the mean time if you have new countries immersion where you see easy versions of the middle class countries are wants to consume was the will fly that the western countries i think there is also hope that we find the right framework between the western wall is emerging market that can be a win win situation. and here's a snapshot of the market's performance first flower let's start with the price of oil light sweet losses after the us state report revealed

yet again what does the emu plunges deep into debt still russia india china and south africa all depend on your engine get the job. next major sports teams. hello welcome to the sports update live in our team let's check our headlines this hour the highest seed remaining better than that over exits the french open box full much ambassador not accusing so of a makes it into the quarterfinals for the russians and lady singles action later today. joined fault it was an example of his big dream and you know i'm a share of the nearly beating the russian premier league following sunday's action . and new kid on the blog move donald becomes the third english months ago so all we call franken is following his win at the b.m.w. p.g.a. championship. the russian to premier league first where's the need to last spark talk in durban and style in one of sunday's highlights the champions schooled three without reply at the big stadium that burst dawning of the thirty six minutes when dunkel a song they dispatched the spot kick. now in twenty minutes after the break in the searching proles found them a

the courage to close call me is in a period of rapid change the martian nations of brazil russia india and particularly china are quickly overtaking the stubbornest economies but mark from reinventing bretton woods committee says this doesn't mean the world will be divided into new such a winners and losers. we have to protect you through three shoes country legs you go back to your resume of those other countries we have to face because each question is also. a social contract with the western world the world for state has been greatly you know we have to face a new reality and it's going to be very difficult for people the worst of the wall to tell the population that they have to accept a parade of austerity winsor mean to him if you have new countries emerging where you see the russians or the middle class as a country there are walls to go through water will fly but the western country feels there is also hope that if we find the right framework between the western wall is emerging market that can be win win situation some p.c. mystic as the shock the level but if we find the righ

challenging the tradition of appointing a european as head of the international monetary fund brazil russia india and china joined with south africa to say the candidate should be chosen or merrett president vet of stress the developing country should get a fair chance the idea was echoed by promise to vladimir putin to he spoke highly of the french finance minister christine lagarde who's kind of a see is backed by all members who put it also gave his support of aid of classic sterns national bank grigori chunkier in this close of interview with our team our changes said it's only a matter of time before europe's monopoly of the job comes to an end he. says very nice a message that the developed countries in the european countries would like to maintain the status which is not necessarily for. changes and you. have already started but probably they do not go far enough. will use a brief now and two when twelve children have been killed in afghanistan also helmand province by nato troops the target was supposed to be insurgents but instead civilian homes were fired on nato says it was in retaliat

boss of the international monetary fund is european for leading and managing economies szilard russia india and china are joined with south africa to save and that should be cost by that present value of stress that developing countries should get their chance now if there was echoed by the minister of egypt spread highly of french finance minister was one of the city's back members and someone said to have the support and a process nonstructural one. hundred to be exclusively without trying to set off a good god is a favorite it's only a matter of time before us monopoly on john mccain's. candidacy is very much a message that the developed countries and the european countries would like to maintain the status quo which is not necessarily for a hand i think that changes your name i've. already started but probably they do not go far enough. the face of a narcotics epidemic russia has been upping the ante in its fight against drug trafficking but strict laws and public awareness campaigns are producing mixed results and that's not enough for some of these are international reports on those t

time someone else how to go and you're going to report on how the brics countries that brazil russia india china and so that africa are refusing to take no for an answer. it's a change they don't believe in with the former i.m.f. director john an extra scan out of the financial picture they're going to say she was looking for a suitable replacement and more the current financial situation in europe maser just a new approach is needed to solve the problems by the looks of it the i.m.f. will go in the other direction the weight of tradition and also the fact that there has been a longstanding deal between the united states and europe the u.s. will have the world bank and europe has the fun i'm sure the europeans would convince all leading thinkers on the matter that at this juncture you still need someone familiar with the problems of the eurozone the runner up is the french finance minister christine lagarde and while europeans hill her is one of the strongest economists in the euro zone some remain skeptical about her promise. to become the next. i think the short run i want. more of the s