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tv   [untitled]    September 26, 2010 2:30am-3:00am EDT

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five house on the embankment. welcome back to join us you're watching r t coming to live from moscow today you take a look at the stories that shape the week tensions of the u.n. general sample you reach fever pitch as bring in president mahmoud ahmadinejad riles u.s. officials with noisy or rather or many protests of his attendance and president obama called his remarks offensive. the recent success of energy immigration political parties in europe is turning heads raising fears of growing nationalism. it's our guys melts the struggle for access to the region's vast resources heats up
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prompting russia to call for more cooperation for that reason the arctic nations gathered in moscow this week in an attempt to avoid clashes. well that start is lorena talks to professor william hanko a currency expert who believes the greek bailout illegal. i'm in berlin with professor vilhelm cole who is one of a group of currency experts who filed a suit with the constitutional court in germany against the greek bailout professor cause that's very much for talking to r.t. now tell me about the complaint that you've lodged with the court so your whole idea. is illegal because if. we force the. community beta of this completely forbidden for a very simple reason
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a country which can current be bit old really not photo. so all. no doubt it's a precondition for a stable but your having now is a spade they have to feel so you'll never be in future stable currency because all of the deficit greek has only one case next cases are portugal spain ireland maybe italy and france so this is a real fear now it's going in europe. for a. very very weak. currency inflated and this is the reason we started this complaint treaty must be fulfilled and not broken so you maintain that under the terms of that treaty a bailout actually any gold what outcome do you hope for if secord sharing
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of hugh said in german participation on his whole action. be stopped and i think we are coming back to. stability probably you see which is now fading away. and maybe greek is forced to opt out and why not because the country is not very happy to see your weak country can do is to weak economy cannot share. monetary crap having hard towards for stability and hard currency and what effect do you foresee for the rest of the year in saying if countries like greece and spain and possibly italy were forced to pull out i think so too soon or possibly one that is smaller but harder monetary union not
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sixteen or seventeen members but only with ten or eight but countries. follows it all of this would be an option. the whole experiment of union in my view which was not a union but concubinage sixteen sixteen countries shared one currency which is a nonsense and political as well as in economic terms so if this experiment bill be stopped there would go to come back to a national currency so germany to its advantage mark and why not the choice mark there wasn't a particularly strong currency was it in there in the ten or twenty years leading up to the euro how do you think that would have performed during the financial crisis i think in case our congress are coming back to national currency and
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germany it was dark smart so then they would have a clear cut split in your between countries depreciating and appreciating and germany i think given his high surplices and current account. appreciating currencies and that the sheeting and currency is not to damage but it is a real do want to troubled country you get more real goods for your money so we would have. lower interest rate and better performance in the whole economy bitch we had before your point if the euro did collapse and the year is broke apart surely there would be a period of huge instability in countries like germany and throughout the year it's a. comparable happen. at the moment all countries have problems with you all because you will give him credit which is not worthwhile for source countries in a year or so or all accomplished even big deficit countries countries with high
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inflation rates are capable to get credits this is the reason why greek and ourselves are over in that. so after such an experiment and every country will come back to to to stable condition so you can run the very use of currency getting back said competitiveness which is very important. has been appreciated and will diminish may be explored surpluses but again more prosperity in the home markets so each country of see you when you build five against this national crisis of his national means and overcomes the kaiser's so it's a much better concept to master financial and to real economic crisis some economists say that europe will emerge from this sovereign debt crisis in better
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shape than it ever was before what do you say to that it's a moment your whole is subsidized currency so it is a v. currency but it is subsidized by a high inflationary intervention of say your central european central bank which is the beginning of inflation period for you. and inflation for you means weak if not in junk a currency which is intolerable so since thousand years of monetary story all countries running and half it's like ours now. source. y. our monetary. leave elevation and evaluations of foreign exchange. meant in order to overcome a crisis and we need to since from and therefore i am optimistic after. opting out
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of the deficit countries former union or play can down the union we will get after a short short period of. let's see. into. problems a very long time stability for you what about the consequences of a year a collapse outside the usa and i'm thinking about its effect on the world financial markets some say that it will be cataclysmic much like the collapse of lehman brothers was what do you think. better for for a ten or so and then. in markets so markets need. items so you need a prospect or. collapsing offer you all that makes a case would be a moment of turmoil but only
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a moment then markets can calculate that stable currency is stable interest rate. come back to the normality. but important is much more important so markets. of economies and economies need. to perform and. see collapse. of. real a real positive effect on the economies involved into your soul countries keep on joining the euro zone on the first of january estonia will become and then what's the effect on the union of having nice more diverse economies being part of the problem. look monetary union we have lessons from history can function only a limited period if you have no turmoil on the external markets and it can function
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only among countries having to see him stable conditions so i would say as a contrary smaller union it's a more cynical way to it's a chance for stability before they had to formalized you or you when we had an informal monetary union in your. back so it was no contract resource where you are no contract with us. and as our lands are luxembourg but zuzu a shore c. exchange rates between all source countries where stable stable not buy insurance and complex but because the markets fit together we have to very dense into the relation between economies and we had stable conditions in all sorts countries so our monetary union is good flecked instability inside countries if you
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have to count with the abilities you have a defacto union and since for us the artificial. base of so you or we have no common base of stability in the union we have been a very weak base for the union and since it's now becoming many fist what kind of a time scale do you think we're looking at for potentially collapsing to its very hard to say because economists like me can calculate trends but not dates so if our constitutional court will decide to have a quick send i think and germany has to stop his participation in two years or union sends a day this is what i have. but nobody knows when. it's coming in reality so i'm quite sure. you have forecast the
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president because. your all is the same go up my nose one thing so your video. can not. say i saw it. economists. saying nonsense but. he could not make laws i was talking i said political vicious and so far i'm sure we. have to see the collapse of your but i cannot see it cannot give you the precise date thank you very much. covered.
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today. these are the images. operations are all. motion would be so much brighter if you knew about zoom from pulse to pressure the soul. starts on t.v. don't comb.
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the engines of the u.n. general sampling reach fever pitch as iranian president mahmoud ahmadinejad riles u.s. officials with noisy rhetoric. the recent success of emigration political parties in europe is turning heads raising fears of growing nationalism. as arctic ice melts the struggle for access to the region's vast resources heats up prompting russia to call for more cooperation. sports next with natalia. you're watching the sports news an r.t.a.
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and here is our headlines. russian leaders they need show their mercy against the south durham in one of saturday's premier league highlights. the cage challenge lives hatchery games to number moscow away three want victory over the visiting problem guard. and in golf tiger woods will retain his number one status barring a record setting performance from phil mickelson on the final day of the tour championship meanwhile it's jim fury to say it's at the top before sunday's action . so for both us downs and its relentless march to the second russian prime in a crowd in four years hit a new high on saturday the biggest backside not showing up the biggest win of the season and the expanse of south zinni to receiving just reward for employing a normal out attack policy twenty five minutes into the game the on fire and sounded a good shot for heading home expert fashion their second came from the spot bunker was sauvage believes he was abandoned in the penalty area and so did the referees
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who should use international batting to the rest of the up to thirty three minutes and just moments later to be king three it's worked well for doing the hard part was a bitch with a tapping there. so it might have been forgiven for getting a little casual at this stage but think maybe temporary price slam defending from thomas about channeling me trickery chan got to have the story of one who was restored right after the break though good shot both claimed his second off this from was it was that i'll. have a double after wearing finished yet. that's good circles have trache surely now has done enough to warrant a stop for russia against next month's world cup qualifier in dublin. the icing on the cake a viola sander i seen a six one the final score up morris. reigning champions are being kept up the change though later in the day because on side benji
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struggling along one nil to put four points between themselves and the needs of the leaders do hold a crucial two games in hand to tell and defend the salvatore book it was just signed from juneau office on twenty million dollars and edgy the stuff still the case one will spoil the sign. over in england chelsea have dropped the first points of the season manchester city winning the battle of the big spenders at a slants carlos tennis making a difference of minutes before the hour mark city now said second alongside manchester united and also the who themselves were shocked by west brom by bills passed away victory in one thousand so first appearances and little poles last them still a stop to the season shows no sign of bolting the two will go against sunderland keeping them stranded in the bolton pile full of the table moving to france now where title holders olympic maul say moved up to fifth in the standings of treats
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you want to win over us all sure the opening goal was an absolute dollar for the visit this tie a tie will probably have a cross on his mind but the ball have a that's where i do find even that instead. and so nice we can say why it's the nigerian left back looking up failed for in the open teammates of matthew dreda is too late with his reaction as small say graham the lead eighteen minutes into the match and fifteen minutes off the restart the hosts double delayed a loan for wayne and loic remy have same for gonzales who does the rest social pulled one back in the seventy fifth for a week without maurice the late but maul say held on for the win a boost of confidence for them ahead of one stays champions league game at chelsea . and that's something t.m. which. change the number one spot will be one the winner at the all and retreat by yes morning the winner from me freaking me on meanwhile remains stuck in the bottom would walk away from the first seven games and with those kind of results mode they
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may not be charged for very much longer. and that shift gears to formula one that way fernando alonso is once again in the driving seat as he claimed his second straight poll for sunday's singapore grand prix that's why is he nine year old achieving a remarkable turnaround after a slow start all the more you have a street circuit and engine a mapping problem slowing alone so down until the spaniard produced a blistering final round red bull's sebastian vettel will stop beside a loans on the greens with lewis hamilton behind that to be english went to the third week a small momentums with the two time world champion though the spaniard putting himself in a great position to follow up his winning makes me a fortnight ago with another one on the singapore streets. both of my daughters were. both out there and work similar in france overlapped i'm always in the car you don't know what those are doing but i was quite happy with my lap on i didn't know if it was enough to be in full circle nov fourth but i've seen we get what
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hundred percent of the crowd today so. their main target for us. ok joe hockey now and now i'm also. on guard three want to help with straights when the visit is legit to get on the school board just three minutes into the game i want you to be unconvincing on the rebound will that lead to number responded five minutes later though denise mausam of converting all the breakaway for the equalizer. and there was more to come from him midway through the second period the young forward schools the second to put the hosts on top and he completed his fast korea had a tree in them to match it to seal guards fate late in the game. now russia's female basketball team is through to the second group stage of the world championships in the czech republic that often securing this that consecutive victory over seven to seven the fifty nine the final score that russia finish top
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of group d. standings and make it to the next round along with a second seeded czech republic. in goal for a record setting final round the foreman said the tour championship could see phil mickelson overtake tiger woods as world number one later on sunday but the lefties to fall behind the leaders up to three days meaning woods is likely to retain his status at least for another couple of weeks. the sixty eight on saturday mickelson is tied for ninth so in shots behind him and states alone at the top of the shooting a bar round of seventy and they've done all that retief goosen dhawan shot back in second meeting both can still win without expelled and it's tamil and though a bonus so cam fourth placed geoff ogilvy who trail spirit by three strokes. staying stateside for a classic rivalry all the baseball diamond with the red sox defeating their biggest opponents new york a town to a drove victory made even sweeter of the boston with the young he's now out of the first place in the atlantic league east following the last new york pitcher and
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good teeth still showing planty of rust in the second stopped after coming back from the disabled list general. we are taking full advantage to hit a full year on the home of making it three zero to the sox early on their baseball is a game where records are especially coveted and alex rodriguez has got an historic home broad number six hundred and sounds of false slamming sammy sosa for six overall a rhodes commandable effort however negated by aleck loss to al to inform the rest of the team for a ten to eight red sox victory. and finally russia continued to dominate their recent gymnastics world championships held here in waltz go their streets a having the medal tables winning almost every gold on offer so far richer than poor for that now takes a look at the daunting task facing other nations seeking to break their russian domination. pismo championships in moscow able to give the gymnasts a perfect bromance to see just how much may have to improve with the london
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olympics drawing ever closer however with the russians sweeping of almost every single gold available the future mitchell menace for their rivals that really think domestics has a long tradition in russia the country has a number of brilliant coaches while there is a lot of funding perhaps most importantly there are a number of girls who are much too they did and want to compete however maybe some chinks developing in the host nations are mine they could only finish inferred in saturday's team a round event the first time they failed to win a gold so far has been timely and took first place such a defeat is rare for the russians have won every olympic rhythmic gymnastics gold since ninety nine to see the russians dominance of the sport despite saturday's he is launching time to have the world's best coaches and a large pool of talent from which to pick from. what i think such a case and that they could. take. could.
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be to. try to. stop the fight. caught me up and take. russia in the former soviet union remained a powerhouse abridgement gymnastics with the rest of the low playing catch up all the more and more coaches from a former u.s.s.r. and i working abroad to help countries who had little success in the pasta improve of italy managing to be the old conquering russians in the team all round competition there is hope for a number of nations where the london olympics lesson two years away. but you don't see. that slate this is told for now stay tuned for a check on the wild weather. hungry for the full story we've got it first the biggest issues get the human voice face
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to face with the news makers on. every month we give you the future we help you understand how we'll get there and what tomorrow brings the best in science and technology from across russia and around the world. join us for technology update on our g. there. are a lot of. this is tree still keeps its secrets but now it's time to
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reveal the hitler in the soviet files house on the embankment and odyssey. it.
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but. see.

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