i was a crisis team russia was breaking federal budget breakeven level low prices was wrong six ago prepared with a crisis because russia continued social spending also because. of the client. slowdown it's now westerwelle the budget breaking in the under twenty dog which is much much higher and deeper delicately balanced global economy used to rushing in to see. it as low level. and large reserves would be restructured. like the economic stimulus but the margin in the global economy worsens isn't less than it was an economic decision makers need to be killer that if you want to my heart's. ok gentlemen we've talked about russian policy in this in the in a volatile environment but let's talk about corporate russia chris how how much play learned through this crisis and get in let's say we have more volatile we have talked about a double dip the eurozone came corporate russia take that kind of blow well as a lot of people have said before the break russia is in a better debt situation right now than was the case certainly two thousand and eight so from a consumer because they learn lessons we

eight zero one the crisis team russia was part of the break even federal budget brick of a level below prices was wrong. with the crisis because russia continued social spending also because. of the crime with the comics. now west where the budget breaking out on the twenty dog which is much much higher and a bit delicately balanced global economy used to rushing in to see volatility it has low levels and large reserves will be restructured. provide some economic stimulus but the margin for error in the global economy worsens isn't less than it was an economic decision makers need to be color that into the shot on the money cards. ok gentlemen we talk about russian policy in this in a in a volatile environment but let's talk about corporate russia chris how how much very learned through this crisis and in let's say we have more volatility that we have talked about a double dip the eurozone came corporate russia take that kind of blow well as a lot of people have actually said before the break russia is in a better debts. situation right now than was the case in late two thousand and ei

russia u.s. relations. teams that it won't be talking to. and. crisis deepens. has downgraded to junk. the country may need a second. class in business. and equity markets. have more in. a very warm welcome to you this is r.t. live from moscow. revelations keep coming in about the ill fated voyage of the sunken pleasure cruise around the volga river as a former captain says it was technically dead long before sunday's disaster over one hundred people are now officially confirmed dead after that went down in just a matter of minutes in the republic of tatarstan. the latest from the scene be warned you may find some of the images in his report disturbing. at the moment two hundred divers are working out in the volga three kilometers from the bank in shifts searching room by room inside the sunken bug area pleasure cruiser and behind me the river port the number of flowers and cuddly toys and candles that are piling up against the walls or the river port here continues to grow over there's also another feeling growing here was jealous of grief and that's of anger and questions increasingl

team home first hand. russia has less disagreement with the u.s. on the libyan crisis than with some european countries the view of foreign minister sergei lavrov after talks with the u.s. secretary of state hillary clinton is going to exist now from our washington bureau . with regards to leave both russia and the u.s. have the view that colonel gadhafi must step down and that the leaders should be able to choose their future leader it's the path towards those aims that moscow and washington disagree on the. criticizes the scope of the into the foreign intervention in libya possible sees the actions of the allied forces forces they are a violation of the un mandate minister lavrov said the resolution is being wrongly interpreted as anyone can do whatever they want foreign minister was also asked about why it is blocking a u. and it should have to condemn the syrian president assad but he said the attitude of the west is exclusively about exerting pressure on one of the parties namely the syrian government and present our side and also sees it as sees it as the wrong a

crisis as police make arrests and use the world's now facing planes its mettle with evidence as its final edition goes to prove. midnight thirty one next on our team we continue our journeys around russia as martin andrew steps out of the capital and takes us on a tour this time of the country's second city some people. hello and welcome to the program summer is the perfect time to visit russia and a long weekend here in st petersburg is a must with all my capital is bursting full of history and culture so join me as we visit major locks and state thoughts in various unfiltered activities that we started here at the spectacular site isaac's cathedral originally the city's main church in the largest cathedral in russia it was built between eighteen eighteen and eight hundred fifty eight a french born architect months around almost two centuries later the gilded to mostly isaac still dominates the skyline of simplest book a trip to the top provides extreme views of the city coming from the russian capital moscow out seem troubled by the fast subsume train at work the journey takes four hours and costs around three thousand five hundred rubles that's roughly one hundred twenty five dollar

russia. which brightened. the bounds soon from the finest impression this. means find starts on team dot com. it's. well tonight peter lavelle to remind you we're talking about america's debt crisis . ok doug if i go back to you all through this debate this a heated debate on capitol hill. we hear a lot of numbers coming out what could happen if there is a default and the republicans say that obama and his people are playing so using scare tactics is that a fair thing to say. well i think they can manipulate you know that we hear this august second deadline i think they can manipulate for weeks maybe months and play games and keep things going for a while so it's not a hard deadline by any means but you know if there is a default that is very really really dangerous you know u.s. treasury securities are kind of the bedrock of the world's financial markets and something that nobody's really talked about that i think could be a problem is that there are a whole lot of derivatives contracts and such that depend on cash flows from treasury interest payments we don't really know what happened that would be interrupted it could be quite disastrous as we found out in the mortgage securi