first greece then ireland and now portugal as the u.s.a.'s bailout is growing number there are now serious concerns that spain could be the next to topple the pretest this throughout europe a clamoring to oppose even more taxpayers' money being plowed into rescuing others . that could have done that on this very. thing again getting that this was getting i don't know why it makes it that it probably was forty three percent of under twenty five that is why i didn't like the whole labor market the province of a little side was i think that there's going to be inside this is only. the women we will listen with and we will be millions from here is ames problems weren't enough there is now talk of greece defaulting on its loans even potentially exiting the year. and portugal's recent bailout is reported to be worth around seventy eight billion years that spain is the euro zone's fulfill largest economy bit different challenge altogether if it fails. if the situation happens that the markets would not manage it going out of spain's debt is the mos

never mind the banks involvement in the greece ireland and portugal bailout of late or the criticism of its policies over the years by scholars like nobel prize winning economist joseph stiglitz and from countries receive the thanks quote unquote help and calling it crippling now they may be the real victims of the i.m.f. who you don't hear about earlier i spoke with paul craig roberts an economist and former assistant treasury secretary during the reagan administration here's what he had to say if not immediately suspended on washington's mind for two reasons one. the current director who's now being arrested strauss kahn was likely. winner of the next french election least according to polls and rushton much prefers mr mansour cozy. it's also a marston's mind that the i.m.f. recently announced to wash its great consternation that within five years the chinese economy will have surpassed the american economy. so even though ordinary people don't pay much attention to the i.m.f. or washington was paying attention and apparently strauss kahn was also paying attention to joseph stiglit

protests at spain were soaring unemployment threatens to put the country in line financially with greece ireland portugal. and now with the former head of the international monetary fund dominique strauss card no longer at the top there are fears the future of e.u. bailouts could be in jeopardy. georgia's opposition leader tells r.t. have revolution has begun as the streets of tbilisi of turned into a battlefield but people demanding presidents like that's been there. and a question over to meet up with various plans for another term in office remain unanswered as the russian president holds back during a two hour long q. and a. it's nine pm sunday evening you're watching the weekly from r.t.r. round up of the week's top stories with me kevin now in first antigovernment protesters massing in spanish cities despite the official ban on political demonstrations ahead of elections the country's casting ballots in regional polls with the ruling socialist party set to suffer major losses over thirty thousand people have occupied madrid central square to protest the government's economic policies and s

responsible for those countries receiving bailout. >> the best thing to do is take action on greece and ireland. otherwise, they get into trouble. >> especially greece. there are rumors the european union is preparing a package for athens. those reports have been denied. tax revenues have plummeted in greece as austerity measures take hold. the economy is suffering. criticism is mounting after a meeting of select finance ministers to discuss the greek debt situation. >> what happened last week and will lead to the opposite of what is needed. the increasing sense of panic will not bring stability to the eurozone. >> efforts to find a solution are increasingly unsettling the financial markets. >> china has reported its big trade -- its biggest trade surplus in months after a trade deficit in the first quarter. it surged by about 8 billion euros, fight -- far higher than expected. beijing has pledged to make it easier for companies to win chinese government contracts. this addresses the longstanding complaint of foreign corporations seeking a piece of the chinese market. u.s. treasury secretary ti

raises fears it could be next in line for a bailout after greece ireland and portugal. in georgia angry protesters take to the streets demanding president saakashvili steps down claiming they've been a robbed of their freedom but their calls i met with tear gas and rubber bullets. and the question of whether dimitri medvedev will be running for the presidency and twenty twelve remains unanswered the russian leader sidestepped the issue of his two hour log q. and a session with journalists. as is that media conference has left some questions unanswered r.t. caught up with me at that as press secretary at the more cautious light on some of the most pressing issues in russian politics. it was the sixty four thousand dollar question but we're all still waiting for the payout in his biggest ever news conference president the midterm agreed it used to be backed into a corner on his plans for twenty twelve sitting in the front row man hundreds of dawn lists the president's press secretary was equally tight lipped. hello and thank you it's not a secret the answer to the main qu

escaped spain where soaring unemployment threatens to put the country in line financially with greece ireland and portugal. also jointers opposition leader tells all she ever revolution has begun of the streets of tbilisi it turned into a battlefield by people demanding president saakashvili steps down. the question is one for another term in office remains and also has the russian president. two hour long and a session. says that media conference has at some questions unanswered and she caught up with president a devoted his press secretary and the toilet sheds light on some of the most pressing issues in washer politics. it was the sixty four thousand dollar question but we're all still waiting for the payout and his biggest ever news conference president dmitri medvedev to be backed into a corner on his plans for twenty top sitting in the front row among hundreds of drawn lists the president's press secretary was equally tightlipped. about for a hello and thank you it's not a secret the answer to the main question we're all expecting was whether the president would get it would announce hi

it is to avoid collapsing alongside greece ireland and portugal but with unemployment raging ahead how long do you think it's likely to hold out now thanks for having me but i also have to write the news on the wall says the euro or susie's euro crisis starters and there have been two schools of hearts one saying dad did the original sin is with the architectural weaknesses of the euro that the euro itself he said are incomplete experiments we do have a central bank but we don't have a treasury so we don't issue european that we don't he should be ruled on that's called unify the euro zone member sense that sense create a level of ground for all the eurozone economies so it differs one school or start the other one says that we can you know performance our way out of this through austerity and that we can service our debts through such crowd scene you know the bollywood budgets who are the second school of thought has the upper hand of course we know that the american and mr sarkozy ascribe to that few and they are free to implement it gets and he just fits until this moment it has fai

protest he made was soaring unemployment threatens to move the country in line financially with greece ireland and portugal. now with the former head of the international monetary fund dominique down no longer to talk turkey in the future we believe bailouts will be in jeopardy. and george is over the family to tell doctors he ever pollution has begun and the chief of police it turns into something else by demanding the president saakashvili step down. on the question over three trillion credit lines for another time an officer may not answer the russian president obama during a two hour long q. and a session. and a very well welcome to the program this is weekly review. on to government protests have been intensifying across spain just by the official ban on political demonstrations have the country went to the polls in local elections the ruling socialist party has suffered a bruising defeat seemingly in response to its handling of spain's mounting economic crisis with ninety one percent of the votes counted in municipal elections a rival conservative popular party is almost ten percentage p

first greece then ireland and now portugal as the u.s.a.'s bailout growing number there are now serious concerns that spain could be the next to topple the protesters throughout europe a clamoring to the pace even more taxpayers' money being plowed into rescuing others. that if i had time that i. think that. that was a good thing i don't think my bank said that it. was forty three percent of under twenty five thousand why i didn't like the labor market and a little side was that i think there's going to be. this is only. the moment we will win this thing and we will be millions in the year is same problems weren't enough there is now talk of greece defaulting on its loans even potentially accepting the year together and portugal's recent bailout is reported to be worth around seventy eight billion euro but spain is the euro zone's fulfill largest economy the different challenge altogether if it fails. if the situation happens that the markets would not manage it buying out of spain's debt is the most catastrophic scenario for the e.u. what w

debt problems and signal and noted that there are some countries already signalling red like greece ireland and portugal he said then quote others are flashing orange like the u.s. and already require future sacrifices most likely through a combination of higher inflation austerity and importantly financial repression l. arion classifies financial repression is seeking to impose negative real rates of returns on savers right oh yeah it's a good story to follow up on financial repression or wealth confiscation again the ghetto model from the thirty's and forty's people have their wealth confiscated by the service and of the democratic process by the national socialist party and they were put the ghettos and they were eventually killed i mean here now we're seeing the same process in europe in greece and ireland and what this gentleman is referring to is the same thing coming to the united states and the key there is negative rates for savers and we've said all along that the conference global. well it is not ideological or star religious it's savers versus speculators people who should get t

protests in spain were soaring unemployment threatens to put the country in financially with greece ireland and portugal. and now with former head of the international monetary fund bomb explodes car no longer at the top there are fears the future of the bailout could be. also the streets of the georgian capital turned into a battlefield with people greeted by tear gas and rubber bullets as they demand president saakashvili steps down. and the question of the meter and various plans for another term in office remain unanswered that is the russian president hold back during a. q. and a session. eight pm sunday evening you're watching the weekly roundup of the week's top stories with me kevin zero in and first out the government protesters of massacres in spanish cities despite the official ban on political demonstrations ahead of elections the country's casting ballots in regional polls with the ruling socialist party set to suffer major losses over thirty thousand people have occupied madrid's central square to protest the government's economic policies and skyrocketing unemployment people

that's greece then ireland and now portugal as the year is saying is bailouts go a number there are now serious concerns that spain could be the next to topple the protesters throughout europe i clamoring to even more taxpayers' money being plowed into rescuing others. to go ahead and that very. thing again. that is because. i don't. think that it. was forty three hundred twenty five that is why i didn't like the whole labor market was a little side was i think that these are going to be sad this is only. the women we were listening with the millions who if the year is things problems weren't enough there is now talk of greece defaulting on its loans even potentially accepting the altogether and portugal's recent bailout is reported to be worth around seventy eight billion year spain is the euro zone's fulfill largest economy a different challenge altogether if it fails. if the situation happened the markets would not manage it buying out of spin's debt is the most catastrophic scenario for the e.u. what will that you do i think in many experts share my opinion that the e.u. will do the

and they were eventually killed i mean here now we're seeing the same process in europe in greece and ireland and what this gentleman is referring to is the same thing coming to the united states and the key there is negative rates for savers we've said all along that the global cons. it is not ideological a stunt religious it's savers versus speculators people who should get three or four or five percent on savings because they work hard and they save money are are subsidizing other being penalized by the speculators who are at the point of a gun got ben bernanke in the e.c.b. to keep rates near zero to finance their speculation and this is the true conflict this engulfing the war and the true reason why you've got people in cairo in wisconsin in tunisia now in madrid it's savers versus specular it is financial repression in pressuring it and i might add though of course we are being held hostage all the savers of the world on the workers of the world by those very guys who were with prostitutes and yellow armbands you know this is the theory as a speculator war well that develops so i said

in spain with soaring unemployment threatens to put the country in line for that actually with greece ireland and portugal. and now with the former head of the international monetary fund the extras can no longer at the top of the roof is the future of the bailouts could be jeopardy. george's opposition leader tells r.t. a revolution has begun as the streets of tbilisi are turned into a battlefield by people demanding president saakashvili step down. and the question over to meet him and various plans for another term in office remains unanswered as the russian president holds back during a two hour long cuban exile. hello beats while i am here in moscow you're watching the weekly from our to round up of the week's top stories with me kevin now in first from moscow antigovernment protesters massed in spanish cities despite the official ban on political demonstrations ahead of elections the country's finished casting ballots in regional polls with the ruling socialist party said to suffer major losses over thirty thousand people of occupied with dreads central square to protest the government'

is is doing business with greece and ireland and portugal but the main problem is the problem of context is the problem of the european union and we still do not know where the european union is when you forget talk about the future of the european union and the stability in the fridge for june if you have it all one m.e.p. says but after portugal's a bailout the e.u. bailout kitty is empty there's no more financial rescue money left is this true. i don't think that's true well i think that's the force this recent violence restructure of that's here we go again because then we'll have a sort of plan a spain and italy in belgium you know the problems not is not the bailouts. you know recipients of such problems as it has always been from the beginning and while some of us have been saying beginning again is the problem of the. structural weakness of the eurozone on architecture that's the original sin and that's the original sin that has not been addressed by any of this bailout measures so well i would imagine about that if i were in the i.m.f. one day i will say well let's talk negotiat

why is it taking a sex scandal for anyone to talk about but i am nevermind it's a tax on greece portugal ireland and its history in the developing world. and europe is not alone when it comes to economic struggles the u.s. has officially reached its credit limit so what's next for america and cannibal sam the state seems average americans can't. afford to go for the free. forty. girls adding insult to injury you just heard debt collectors bullying main street this is wall street and washington get a bailout. and france is looking to ban fracking the reasons health and environmental dangers the evidence to support feed coming from the u.s. so we'll france a profit off and will the u.s. ever follow suit. good evening it's monday may sixteenth at eight pm here in washington d.c. i'm laurin lister in your watching r.t. well it's a scandal of multinational proportions and top news on the u.s. mainstream media outlets take a look. now the head of the international monetary fund just arriving to new york courtroom he set to be arraigned on sexual assault charges in new york city. in court the latest de

never mind the bank's involvement in greece ireland and portugal bailouts of late war it's criticism of policies over the years by scholars like nobel prize winning economist joseph stiglitz and from countries who receive the bank's quote unquote help only to call it crippling they may be the real victims of the i.m.f. well joining me now to talk more about it is paul craig roberts an economist and former assistant treasury secretary during the reagan era sure mr roberts thanks so much for being with us first i'm just curious when's the last time you can recall the i.m.f. being you know a top story on u.s. media news. well if. it's not in the media at least it's been on washington's nine for two reasons one. of the current director who's now being arrested strauss kahn was a likely. winner of the next french election at least according to polls and rushed and much prefers its mansour cozy. it's also unwise to mind that the i.m.f. recently announced to washington's great consternation that within five years the chinese economy was how will have some past the american economy. so even

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 to transition be momentary financial imbalances if the i almost want to take a much stronger stance and not bail out greece for example then greece would be in huge trouble i'll give you an example for michael if you know argentina in two thousand and one and two thousand and two the i.m.f. was in the hands of course earlier and krueger was the number two cig's only did not bail out argentina in october two thousand and one told of financial banking and voluntary collapse of origin bells once one thousand two with mass of forty percent drop in the pros domestic product if the percent

they said that because of difficulties with debt, among western european economies, namely greece, ireland, portugal, spain, the european tradition should remain in place. question -- is a non-european imf director a wise idea at this juncture? pat? >> it certainly is not john. the reason is the imf is the mechanism through which the europeans are funneling american dollars to bail out greece, portugal, and the other countries of europe, ireland. which are in actuality bailouts of those banks. a lot of the third world countries or developing countries are saying you know the westerners have had the imf for a long time. they use it as their private piggy bank and don't give us the same deals they give to greece the portugal. the europeans have got to visit and they're going to keep it. -- have it and they're going to keep it. christine lagarde is very able. she's first in line. >> what about gordon? >> he's been killed by cameron, he's gone and he ain't going to get it. >> lenos the science pretty well. >> he doesn't get along with the prim minister of -- prime minister of great britain jan

they said that because of difficulties with debt, among western european economies, namely greece, ireland, portugal, spain, the european tradition should remain in place. question -- is a non-european imf director a wise idea at this juncture? pat? >> it certainly is not john. the reason is the imf is the mechanism through which the europeans are funneling american dollars to bail out greece, portugal, and the other countries of europe, ireland. which are in actuality bailouts of those banks. a lot of the third world countries or developing countries are saying you know the westerners have had the imf for a long time. they use it as their private piggy bank and don't give us the same deals they give to greece the portugal. the europeans have got to visit and they're going to keep it. -- have it and they're going to keep it. christine lagarde is very able. she's first in line. >> what about gordon? >> he's been killed by cameron, he's gone and he ain't going to get it. >> lenos the science pretty well. >> he doesn't get along with the prim minister of -- prime minister of great britain jan

so the real problems they've got is, john, they've got greece, ireland, spain and other countries that real danger every going down, quite frankly. we've got the imf involved and the americans got their own debt problems. i'll tell you if you look at this, you look at the g-8, you're looking at a western world which is somewhat contracting and whose real power relative to the rest of the world i think is clearly diminishing. >> the question was about u.s., u.k. relationship. and i this this was about putting the special back into the special relationship. and i think the footage of the president and david cameron, the british prime minister and their shirtsleeves playing ping- pong with 16-year-olds and got beat, but they seem to be a warmth and so i think they're both confronting similar economic problems. but the president was able to persuade nato to send some helicopters in to the libyan fight, and i think the president is kind of tough love. he's making the europeans take on the burden of libya, even though they don't like it. and they got them to pony up $20 billion in egypt. >>

support for the bailout packages for greece, ireland, and portugal. rope's finance ministers played down the absence of dominick strauss kahne today yet europe is moving toward another key moment when it has to decide on further assistance for greece. he was a crucial broke we are the greek government and the fact that he isn't around has introduced a new note of uncertainty into the negotiations. european officials today said the charges against the inch m.f. head remained unproven but in the midst of a persistent debt crisis, there was a real sense of planning a future without him. >> an associate professor at old dominion university in virginia, i asked him whether strauss-kahne might claim diplomatic immunity. >> i think he's not likely to get it. there are a lot of different kinds of diplomatic immunity. it's very complex because we've never seen anyone from this high level facing this kind of criminal charges. of course many diplomats have faced these problems before and it's caused all kinds of problems with the public when they get off because

fifth of the population unemployed the country could now follow in the financial footsteps of greece ireland and portugal. but the future of troubled economies could be compromised by the rest of us carbon the next head of the international monetary fund led the e.u. bailouts even in the face of resistance from richer states. in georgia thousands of protesters take their anger at president saakashvili onto the streets of the capital tbilisi this is the head of the opposition tells r.t. that a revolution has truly start. and there are some question marks hovering over to meet with various plans for the presidency and twenty twelve the russian leader doj giving a definitive answer of his recent q. and a sessions with the media. straight ahead a special report no exposing corruption and criminality in afghanistan with billions of dollars earmarked for schools and anti drug initiatives have ended up in the wrong hands. the anti-drug official never attempted to find out how those quick fortunes were made. so who could do it . why not the anti-corruption commission. it was led by a childhood frien

with the global crisis, pulling the world economies together, not just the ones struggling like greece, irelandand portugal, but all of them together. he was kind of a coordinator for global economic policy. all of the g-20 countries are leaning on the imf to provide some cohesion to the global economic recovery. given his role in that, people recognized around the world through the is. >> beyond the expiry human story of this man who has fallen from grace, there is a story of global import. >> what he did in terms of elevating the fund and making people see it as a force that could be used, instead of a criticized agency putting harsh conditions on countries -- we have now come to this point in choosing the next leader. people see it has become a more important institution. they want to make sure they have their say in trying to pull in emerging economies to provide competion. >> on the next leader, i know we have just have the resignation of strauss-kahn. where are you putting your bet? >> the money is on the french finance minister because she is well respected around the world. she has some

protests in space were soaring unemployment threatens to put the country in line financially with greece ireland and portugal. georgia's opposition leader tells r.t. a revolution has begun as the streets of tbilisi have turned into a battlefield but people demanding president saakashvili steps down. the question over dimitri preventives plans for another term in office remains unanswered as the russian president holds back to q. and a session. next to take a look at how billions invested in building schools and hospitals in afghanistan ended up paying for luxury villas instead in the first part of our special report this hour. draw a red carpet and t.v. cameras the lights are on. june two thousand and eight the countries of the coalition are presenting their spending program for the reconstruction of afghanistan. the friendly side of the war. americans french and germans afghan politicians congratulating each other. after the photo they all disappeared behind a partition of its access is closely guarded so journalists are welcome to attend the conference on television it is france is not only ac

raises fears it could be next in line for a bailout after greece ireland and portugal. in georgia angry protesters take to the streets demanding president saakashvili steps down claiming they've been robbed of their freedom but their calls are met with tear gas and rubber bullets. and the question of whether dmitry medvedev will be running for the presidency in two thousand and twelve remains unanswered the russian leader sidestepped the issue it is to our lot here when a son with journalists. all this week out of russia mark ninety years since the birth of the man renowned for both inventing the first hydrogen bomb and protecting human rights in the u.s.s.r. we followed the life of andre saw all the next. december one thousand nine hundred eighty six in the u.s.s.r. it was an apartment in the city of corky a phone line is urgently installed at a set time the phone rings the voice of the other and speaks this is gold which of please return and continue your patriotic activity. the person these words were dressed to has spent nearly the past seven years in political exil

unemployment rate in the european union resist the use it could be next in line for a bailout after greece ireland and portugal. in georgia angry protesters take to the streets demanding president saakashvili steps down claiming they've been robbed of their freedom but their calls are never good to hear about us and rubber bullets. and the question of whether dmitry medvedev will be running for the presidency it's going to all that remains are now certain the russian leader sidestepped the issue it is two hour long session with picture of waste. time now for sports with. so are the modern legendary boxer roy jones jr was knocked out of moscow saturday night there was a favorite the russian opponent was a favorite what's the reaction so far to the outcome that's right well despite that russia's top fighter the you mentioned that he's slated to join john still has plenty of fans right here in russia and who knows the boxing better and could be back with more of that in just a moment. hello and welcome to score an r.c. come and see you live from moscow i'm on call for them starting as always with the

protests in spain where soaring unemployment threatens to put the country in line financially with greece ireland and portugal. and now with the former head of the international monetary fund government stress can no longer at the top of the future of the e.u. bailout stood be in jeopardy. georgia's opposition leader tells r.t. a revolution has begun as the streets of tbilisi have turned into a battlefield but people demanding presidents psychos but he steps down. and the question over to me to my brothers plans for another term in office to remains unanswered as the russian president holds back during a two hour long q. and a session. ten pm suddenly we're watching the weekly from our roundup of the week's top stories with me kevin no in first anti-government protesters massing in spanish cities despite your fishel ban on political demonstrations head of elections the country's casting ballots in regional polls with the ruling socialist party said to suffer major losses of thirty thousand people have occupied madrid's central square to protest the government's economic policies and skyrocketing

down speculation that will be the next round seats are right that out this problems continue in greece ireland and that portugal possibly it is the same becoming the next year i think the teeth of remains a very real threat and right now you're ok and i do and the reality is that it seems so far apart there are the dreaded. talks on the eurozone bailouts could be compromised by the arrest of the international monetary fund chief on charges of sexual assault against a hotel worker in new york go many extra hours current has resigned over the scandal and his own six million dollar bail awaiting trial french finance minister christine legarde has emerged as the frontrunner for his job but as of his daniel bushell reports this child contacts with the using leaders who are key to helping save the ailing leader are so far. no strong cold no euro that's what playing because a whispering off the police charge the now ex i.m.f. course with the attempted rape of a hotel maid very differently the possibility that some countries could decide to leave the euro pushed out of the euro and there were you got

fifth of the population unemployed the country could now follow in the financial footsteps of greece ireland and portugal. the future of troubled economies could be compromised by the arrest of dominic stross car but now ex head of the international monetary fund that led the e.u. bailouts even in the face of resistance from richer states. in georgia thousands of protesters take their anger of president psycho's really on the streets of the capital tbilisi this is the head of the opposition tells r.t. that a revolution has truly started. and there are still question marks hovering over to me from investors plans for the presidency pretty well the russian leader dogs giving a definitive answer in his recent q. and a sessions with the media. and since that media conference has left some one answered questions then he called out with press secretary. sheds light on some of the most pressing issues in russian politics right now. it was the sixty four thousand dollar question but we're all still waiting for the payout in his biggest ever news conference president the midterm abetted to be backed

update the euro continues to lose ground because of investor concern over the debt problems in greece ireland and portugal the currency lost four percent on the forests in one week and is currently out of the lot for two roubles that's the lowest level since march you can you know the ocean from eight cases to most of us weekly euro will not have a significant impact on russian inflation a problem with our inflation is foodstuff inflation and many many many other cultural of course we should we go up in price like cotton for example which may affect the styles and clothes and a lot of stuff and these inflation does not come from european economies actually yes we do import some food stuff from europe but not that much in order to help our economy decrease our inflation inflation is more skin problem of emerging markets not on the russian about china india brazil with those. staying with saving money russians tend to spend more and save less they also prefer to keep any savings in foreign currencies despite the strengthening robel and used by the center of macroeconomic analysis us personal de

with a fifth of the population unemployed the country could fall in the financial food stamps of greece ireland and portugal. the future of troubled economy is could be compromised by the rest of the mix proscar now ex head of international monetary fund read in new bailouts even in the face of resistance from the richest states. and in georgia thousands of protesters take their anger at president saakashvili to the streets and companies lisi this is the header all the opposition tells about see that the revolution has truly started. and there's still question marks over the pressing issue for me from but its plans for the presidency of the twenty trial of the russian leader left the topic of his recent q. and a session with me. and since that media conference has left some unanswered questions r.t. caught up with me but it was press secretary to tell it in a covert sheds light on some of the most pressing issues in russian politics. it was the sixty four thousand dollar question but we're all still waiting for the payout and his biggest ever news conference president image from a very it refus

with a fifth of the population employed become for good now following the financial footsteps of greece ireland and portugal. in georgia thousands of protesters take their anger it's president saakashvili on the streets of the capital tbilisi this is the head of the opposition tells our team that a revolution has truly started. and there are still question marks hovering over demitra that is planned for the presidency in twenty twelve russian leader dogs giving a definitive answer of his recent q. and a sessions with media. support i was romana details of how most of us tasted football cup success here in russia. hello and welcome to spore and artsy comments here from the russian capital i'm on call for them starting as always in the headlines. barcelona of bull run sebastian vettel of red bull makes it four wins from five races by taking the formula one spanish grand prix. more shit for your wrist love the says from moscow secure their six russian cup trophy by defeating lower division leaders who won in the one thousand year old city. and at simon knock out roy jones jr history can send secon

out another debt ridden country it's the third you nation to get a massive aid package after greece and ireland and given that greece has its hands out for more funds the bailout remedy is actually working. the eurozone is in serious trouble there's a storm of controversy already growing over the seventy eight billion euro rescue package for portugal which has been agreed by the finance ministers of the european union here in brussels several states have already come out and openly criticized finland being among them one dutch m.p. here told me it's really not the job of the prudent states in the european union to be restoring those countries which have been more ridiculous for example portugal now the i.m.f. the international monetary fund is supposed to be coordinating this rescue package is also supposed to stump up a third of that cash but its head dominique strauss kahn has just been arrested on sexual assault charges in new york so there's turmoil there as well greece is a country that's already received a bailout but it's already saying it needs more cash now we're clear how taxpayers ac

and see how this problems continue greece ireland and now portugal possibility of spain becoming the next thing country but remains a very real threat and right now the european like and the reality. is that the stakes far apart. the major. euro zone recovery talks are taking something of a back seat of trouble of the top of the international monetary fund of course for all the i.m.f. chief dominique strauss kahn was staying in custody during an investigation over claims he sexually assaulted a hotel maid he denies the allegations sovereign risk around arts as a candidate from an emerging market could take the i.m.f. top job. ever since these two global institutions were set up there was this implicit paul going to treat the americans and the europeans that they would share each other an american the european behaved but these two two groups because typically lived in europe in the american what we see now is growing disquiet amongst the motion market nations who become more influential in the sense that when the i.m.f. needed a lot of money to do a lot of lending at the height of th