mr babich mr howarth thank you very much for joining us on the share welcome to spotland well is this it so do we know the name of the next russian president to go with actually i think we're already know the name of the next trashing president and their next trash prime minister but you know i think it's not due to the reasons and some experts say i think that. has been over twelve years in public politics has proven to be a real leader of a new russia or russian g.d.p. has almost doubled in the last twelve years while social stability and steady development have been achieved so there are good grounds for continuing these. way of conducting borth foreign and domestic policy and most russians do really support the standard to do dude mutually agree that this is it. the intrigue intrigue is no no longer there i would see never say you're sure especially in russia because the country. we have seen a lot of times during the last twenty years or maybe even i would say twenty five years that it's very difficult to predict something in russia for sure the situation may develop in the waterways but. fortunately or unfortunately now it's more or less clear that in march the president will be voting report. according to true to a change in the constitution the russian president will be elected for six years he can be there for two terms so do you think that let me put it will be there for the next twelve years or. we cannot be so sure now we're now we're talking about about six your opinion well i think the russian elite since one thousand nine hundred one has been pursuing apes first team is political stability to keep power of money the second is to integrate this new elite into the western political you put in is responsible for the first priority so he will be number one and he was number one during most of those years and midriff is responsible for the second priority so he will always be number two in so they stand up. in general we'll see how the situation develops i think the choice of you know the time called keep running with medicaid affairs you know improve yet another term i think the choice sure that there are some hard times ahead so the time to share in internal politics for him sound for russia and for the war you know the euro grumbling a lot of other things. who are of russia's largest economic partner so when europe gets gets a called russia will be also sneezing so all visually they opted for a safer bet not during the best of times. even in the third states we're there the day they called they would call medvedev lame duck right now do you think in russia he will be a lame duck now they will i mean by by american standards are not or is that what it's different in russian politics i think in russia it's really different and first of all the basic reason is that you know not only in russia bought in other. countries of the most high valued commodity is stability and economic development and i think that one of the major achievements of pollution has been the creation of the system where it doesn't really matter who is the president and who is the prime minister because of the general course of the concho goes on its way and in this case i think it. does it matter whether it will hold his pose as a president for two consecutive terms or whether they will change with very for any other. and the other person who maybe we don't know but the basic idea is that both russian and it as my colleague has said and russian general public are interested in stability and their development so they're able to get used to these people who are experts are predicting hard times for for a world economy for russian economy in the coming years so first of all i like i like to know your reaction how may the the the markets react to this news that that we're hearing today and is putin's first released first will is it going to be hard i mean. economically. well i think the markets will react positively because there is putin steam everywhere in russia so the fact that the padrón is back and all one hundred percent he's now been away one hundred percent you know that one hundred percent number now he's back one hundred percent so that's good news for markets but he's facing hard times about i will say this about all the western politicians western politicians including vice president u.s. vice president joe biden who came here made it very clear that they would prefer to deal with medvedev a victory on the court which who is going to meet our president today and i also will be a little disappointed because he also bet on medvedev and now he's talking to a well known long moment it was all very severe there is a certain there are certain disparity dichotomy between the markets and western politicians and i think that shows you how i would see you really stick is western policy towards russia sometimes the markets say one thing and the militias say it's quite a bit why i was asking about the hard times because because putin did promise i have this quote now to to resolve issues g.d.p. to a level of seven percent but on the same on this same day finance minister in putin's government mrgoulden said that the next decade is going to be lost because of slow world g.d.p. growth people some are even expecting a crisis coming how are these two promises compatible with your own ideas this is a misquotation really i mean it would do so couldn't i mean cauldrons i mean it's it's misquotation because quillan said absolutely the opposite thing he said it's going to be laws decayed for the world economy that is slumping into recession while he said nothing about russia so he said it would not be easy for russian economy before us again so the context is that russia is an exporting economy and our exports are much higher than our important so there's a core that's the contre that adds to the global g.d.p. . we know the country of it has a positive. export import balance in this case russia is the country that actually adds up to the global g.d.p. and it will not is not going to face any major crisis of course there is a global economy and we know there are crisis in the euro zone