on russia is here with us today thank you very much for joining us group or skidelsky your wrists and book canes the return of the must step out philosopher and economist john maynard keynes received several awards how relevant the economists feel today i would say they were very relevant in three respects first of all he explained how we got into this mess this crisis in two thousand and eight two thousand and nine secondly he tells us what we ought to do about it how to get out of it and thirdly he tells us how to avoid how we can minimize our chances of getting into another one and i think no other economist does that he was the greatest economist of the last century in one of the articles you said that europe was declining economically and politically why is this happening and what are the signs of the crisis well of course europe's been a very badly hit by the recession and it's got very high unemployment but beyond that i think europe is in decline it's it's weaker than it was it's population is it is not expanding and. others are it's been affected by the rise of asia and parti

speaking to award winning bridge historian economist robert skidelsky could have on the program by the way of course coming up for you we have an in-depth interview with lord sadowsky that's coming up later in this hour right here on. this. of could garner as much influence in world politics as doubles does a business so says political scientist adrian pups. i certainly see a lot of potential because i think the case of doubles makes very clear that international economic and financial debate can be extremely influential babble started off as a small initiative and has grown into a global fixture and i think that's the same potential if the focus is on the bait i think it's important that we move away from just criticizing each other or lecturing each other or simply talking at cross purposes and really try and find the common mode and i think debate exchange critical questions and constructive contributions is what's needed and i think the format is gesturing in that direction and i look very much forward to seeing how about what i'm for the next two days. and we'll have more of live

you can watch the full interview with robert skidelsky later this hour here on t.v. and we'll have more live coverage from the global policy forum here in the city next hour so please stay with us for that right here on earth. when the news is. something really crucial when you want to get down to. special coverage. this time the latest news from the. former. special guest discussions on the modern state in providing security and stability of the present day world. question more on. you all with you today it's good to have your company let's let's check out some other news now making headlines around the world and prosecutors are investigating the crash landing of a crippled russian airliner in the northwest of the country all eighty one people on board had a miraculous escape after that school systems on the plane failed it was forced to touch down on an abandoned forced landing strip and ran into trees. as the story. the pilots engineer have just returned heads of new cover airport in moscow they'll now go and talk to some psychologists for some deep breathes and c

major topics during the forum but ahead of that event also you spoke to economic historian robert skidelsky and he says the you should consider russia's proposal for a new european security treaty. more effective part of the european security system and not the outside because the european actually european military is very very weak the military is in europe the french and the british the rest have to do anything really but this small and there's no unity. sort of nato agreement to create something with russia has a has it has as good military forces and they're becoming increasingly modernize and specialized to the kind of work. that military forces have to do today which isn't a huge war but to the top of the counterinsurgency operations peacekeeping operations and so on so russia could be a great asset for european security system and president medvedev has suggested a new security called. that would include russia and we should we should take him up on that and really see well what we can do with it because after all russia is part of europe it shouldn't be outside it. and you can watc

shareholders i'm joined by richard berke he's managing director of the associates we also have lord robert skidelsky of the institute of new economic thinking he's also an emeritus professor at warwick university and we have gareth evans he's a professor at the university of melbourne and also a former foreign minister of australia. first. do you see the future we see countries regions the united states the eurozone in a lot of trouble and a lot of in a lot of people say it's going to stay in trouble for a long time what a long time is i don't know but the rest of the world is absorbing the shocks of the last few years how is the international order going to absorb them if they say look we're doing pretty well the system that you created after the second world war isn't doing very well we want more seats on the united nations. security council for example. the dollar the fate of the dollar so much of it is still controlled by western institutions western ideas that if i may but the west is not up to scratch the rest of the world is moving on how does the world how does how does the west respond to t