despite the positive test and banned his cycling team saxo bank are standing by him contador is able to compete again in august after his two year ban was backdated although that still means he'll miss this year's year italia tour of france and the lympics. as a team to support a battle. because we want to do good things that is correct that's why we have supported him in this case all the way until now and we still do when we look at the ruling today we see no reason not to support him to do a long time but of course. we have to sit down together. and talk about the future as. i wish that he wants to continue we could see i can only say that my intention will be to same however contador has little sympathy from the world anti-doping agency its president jiang far has branded contador a cheat and says the court ruling with the clip was a clear message that sent a warning to cyclists. the simple fact is that anyone who has a preview of the substance in this system. is h. it. it's as simple as that the argument then comes as to what was the method what was the nature of how that prohib

are as hot as the ways of extreme weather that is keeping europe and its icy grip are appalled by saxo bank warns that the european exit will lose a quarter of its value their share and its financial system is doomed this stands up with a survey by stanton and poor saying the troubled year is i will climb out of the crisis the wealthy although of the best seller extreme money such. as what he thinks of the findings well i think the best way to describe the s. and p. report is whatever they're smoking i'd like to have some as far as the sex a bank report goes i think they are believers in the mayan calendar which believes that the world will indeed do palace trouble but i think the major thing is that when you look at the situation there is no way that europe is going to have a small recession it's going to have a long recession because the government spending will have to be cut and that has been the major stimulus which could be as economies grow the second thing is the banking system in most of these countries is not creating any credit will not be able to create this technically if you a

well his cycling team saxo bank are standing by him contador is able to compete again in august after his two year ban was backdated although that still means he will miss this year's year at italia tour de france and the lympics.

not everyone shares this opinion saxo bank is predicting an economic apocalypse with the european equity markets losing a quarter of their value this year we asked the author of the best seller extreme money such as he does which scenario seems more likely to have. well i think the best way to describe the s. and p. report is whatever they're smoking i'd like to have some as far as the sex of bank report goes i think they are believers in the mayan calendar which believes that the world will end in two thousand and twelve but i think the major thing is that when you look at the situation there is no way that europe is going to have a small recession it's going to have a long recession because the government spending will have to be cut and that has been the major stimulus which kept these economies going the second thing is the banking system in most of these countries is not creating any credit will not be able to create it's technically if you are honest about it they are marginally solve them to bits and we still have not result the debt issue and the real question is what will happen

the winds of change is coming into the global economy a new report by saxo bank says the crisis will reach the peak of their share provoke major changes in the structure of the financial system in the opinion of the bank further state intervention any fines diminishing returns with europe unable to solve the debt crisis such as a bank predicts european stocks markets will dive twenty five percent the eurozone will show it is zero growth this year with a global g.d.p. to increase just three percent the altar of the reports jacobson explains what's a podcast in the current situation. in my opinion my personally i have fifty percent in cash twenty percent in gold and then i have thirty percent in corporate bonds and that is divided into two currency parts one with fifty percent in dollars and one fifty percent in scandinavia and swedish kronor in terms of whether as a class i like i like bonds because bond in itself is a put on the it could do more good than where you see the stock market goes down the bond goes up but one place in the market where the biggest capital dislocation is in

while his cycling team saxo bank are standing by him contador is able to compete against.

crisis two point zero and the beginning of the end of the financial world as we know it's this is how saxo bank sees the future in its latest report r.t. takes a look at what's in store for the financial world in twenty. since the sovereign debt crisis is one of solvency not liquidity and the leaders have failed to address that we can expect to see a systemic collapse and this will involve a liquidity freeze across the board and a sudden drop of at least twenty five percent on europe's acquitted markets. the growth outlook for europe is obviously negative so let's move on to a good more disappointment there as china is expected to face challenges in rebalancing its economy but better news for the us where economic growth is expected to be better than anywhere else. interest rates will go off and budgets will come down the public sector will have to face the harsh reality of wage cuts and shrinking overnights. all of the above could be good news for the save haven currencies the us dollar the japanese again the norwegian krohn but a bad year for the euro the swiss franc and the chinese yuan the