now for berlin legend diego maradona has been unveiled as head coach of the dubai based al basel football club the nineteen eighty six world cup winner will spend two years in the united arab emirates in what will be his first coaching rosen's lady in his native argentina and that's one example of that same year and the fifty year old watched these country lose. to germany in the quarter finals in south africa is new team is currently fourth in the league table with five games to go the last won the title back in two thousand and seven. meanwhile barcelona. scarce has been cleared to play in the champions league final after allegations of racial abuse were dismissed by the spanish international was alleged to have insulted real madrid's marcello in the semifinal so busquets was forced to watch as his side drew their final hope a medal a good game on sunday that guardiola side hosting deportivo days after clinching the league title there were few regulars on show for barr so goalkeeper victor valdas was one of them though when he proved to be the busiest man on the pitch the second period

celebrations were put on ice at least for twenty four hours by rail madrid formula i went over on tuesday basel overhauled a five point lead from ray allen to stop with three games left to play and even before ray all kids off against the sapphic ass a coach guardiola said he was just concentrating from beating the next opponents. real individual ego first we need to win the league and dissipating the things tells us lessons we can do neither is very let's not concede separate things to we can't control the outcome of madrid versus nothing it is best to concentrate on how we can defeat live on clay. and the score at halftime in the balance there is one also to cater for the champions twenty eight minutes and really probably save netted equines up with four minutes go before the break. meanwhile fee for has officially asked the english football association to produce evidence to support allegations of corruption during last december's world cup those the move comes soon after cats are vehemently denied allegations that they bribe the members and members of british parliament's alleged at a heari

initiatives would have been carried out and let's say the for the financial stability board i ask over the basel process there are lots and lots of other fora within which international initiatives which are complex and technical can take place not just the g twenty all right jeff in toronto i'm going to give you the last word should there be a g eight meeting next year. no i'm not sure whether there should or not but i don't think that in any anybody in the g eight economies are going to be looking for next year's g eight meeting to come up with a solution to their problems i think that kind fairies are going to increasingly look within themselves to find their own solutions and that giant global being organizations are probably really a remnant of a global economy that's probably ready ready gentlemen we've all run out of time many thanks to my guests today in london toronto and in istanbul and thanks to our viewers for watching us here on our feet see you next time and remember. wealthy british scientists. market finance come to. find out what's really happening to the global economy with max

currently, under the basel agreement capital rules will probably be in effect, similar capital rules will be in effect for foreign banks but at this point they have not yet done the margin. >> that leads to my last chairman with the indulgence >> what is the treasury doing, secretary wolin, to ensure that the european regulators about the same or very similar rules and would we go forward and enact the rules before they did if it could our firms, our u.s. firms at a disadvantage? because obviously i'd like to see american institutions to as much foreign business as possible it creates jobs in new york. >> we are working very hard with the europeans in brussels and also individual european capitals to make sure we have as much as possible level playing field. we are making good progress on that but we have to stay vigilant. on the question of whether we would put forth rules i would defer to the chairman and the market regulators as to how they would move forward, but i think is of course important as we said repeatedly to have essentially level playing field so as not to disadvantage

currently, under the basel agreement capital rules will probably be in effect, similar capital rules will be in effect for foreign banks but at this point they have not yet done the margin. >> that leads to my last chairman with the indulgence >> what is the treasury doing, secretary wolin, to ensure that the european regulators about the same or very similar rules and would we go forward and enact the rules before they did if it could our firms, our u.s. firms at a disadvantage? because obviously i'd like to see american institutions to as much foreign business as possible it creates jobs in new york. >> we are working very hard with the europeans in brussels and also individual european capitals to make sure we have as much as possible level playing field. we are making good progress on that but we have to stay vigilant. on the question of whether we would put forth rules i would defer to the chairman and the market regulators as to how they would move forward, but i think is of course important as we said repeatedly to have essentially level playing field so as not to disadvantage

currently, under the basel agreement capital rules will probably be in effect, similar capital rules will be in effect for foreign banks but at this point they have not yet done the margin. >> that leads to my last chairman with the indulgence >> what is the treasury doing, secretary wolin, to ensure that the european regulators about the same or very similar rules and would we go forward and enact the rules before they did if it could our firms, our u.s. firms at a disadvantage? because obviously i'd like to see american institutions to as much foreign business as possible it creates jobs in new york. >> we are working very hard with the europeans in brussels and also individual european capitals to make sure we have as much as possible level playing field. we are making good progress on that but we have to stay vigilant. on the question of whether we would put forth rules i would defer to the chairman and the market regulators as to how they would move forward, but i think is of course important as we said repeatedly to have essentially level playing field so as not to disadvantage