we are doing the week's top stories here on. the u.s. offensive. beneath the arctic ice heat competition in the region prompting countries to compromise right here in the russian. shifting far right fears that nationalism is on the right following a string of successes immigration political parties in europe. last

venezuela the country is voting in a highly contested national election which is being full of the rich. who believes the greek. i'm in berlin with professor vilhelm hankel who is one of a group of currency experts who filed a suit with the constitutional court in germany against the greek bailout professor hackles that's very much for talking to r.t. now tell me about the complaint that you've launched with the caught so your whole idea. is illegal because of the twenty four. european community. is completely forbidden for

a very simple reason a country which can count to be bailed out will not follow the financial model. so all know it's a precondition for a stable legal. having now suspended we have to. be in trouble. because it's to replace all the one. cases are popular. maybe you could hear from. this is a real fear. it's going in. very. inflated and this is the reason we started this complaint treaty must be fulfilled. so you maintain that under the terms of that

a bailout is actually illegal what outcome do you hope for if secord is sharing. in german participation on says all the action. be stopped and i think we are coming back to. stability policy which is now fading away. maybe greek is forced to opt out and why not because the country is not very happy to see. the weak country trying to do is through the 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. too soon or possibly. get

smaller but to have a monetary union not sixteen or seventeen members but only has ten or eight but countries. follows it all of this would be an option. whole experiment of. union in my view which was not a union but concubinage sixteen sixteen countries share one cover which is a nonsense political as well as in economic terms so if sis experimenting would 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 they would have performed during the financial crisis i think in case our countries are coming back to national currency and

german it was dark smart send they would have a clear cut split in your between countries depreciating. appreciating and germany by seeing given surpluses in terms of we've grown to appreciate you saying that the shaping of currency is not the damage but it is a real one to travel the country you get more real goods for your money so we would have a higher welfare 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 i say or. happen. at the moment all countries have problems with your because your give him credit which is not

worthwhile for source countries in a year or so on all accomplished even big deficit countries countries with high inflation rate. capability to get credit this is the reason reagan's hours are all over inflated. so after such an experiment every country become very. good. we can. get back to the interest every week. has been appreciated and diminish made. exports to our places but more prosperity in the home markets so each country of see you and will fight against this national crisis business means and overcomes a crisis so it's a much better concept to master financial and real economic crisis

some economists say that europe will emerge from this crisis in better 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 your and inflation for you means a weak if not. junk currency which is intolerable. so since thousand years of monetary story all countries running it that it's like our. source. says why are monetary. revalidation and people other racial problem exchange a moment in order to overcome a crisis and pete is. optimistic after. opting out of

the deficit country's former union or breaking down the union we will get after a short short period of. let's see. problems a very long time stability for you what about the consequences of a year a collapse outside the usa 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 i think the better off for for a ten or so and then. in the markets so markets needs. data. items so you need. to protect them collapsing offer your makes

a case could be a moment of turmoil but only send markets can come for you to be stable currency is stable interest rate and come back to the normality. of something. but important is much more important so markets. and economies need stable currency in order to perform and. see. if. 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 problems will go 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 only among countries having to seem stable conditions so i would say is a contrary smaller union it's a more cynical way to use a chance for stability before we had to formalized you or you when we had an informal monetary union in your bounce a dutch mark there was no contract with no corporate. luxembourg but a sure sixteenth street between all sorts of. staples stable not by by insurance and complex but because the markets fit together we had a very. into the lation between the economies and we had people from different countries so our monetary union is good flecked instability

inside it's a countries if you have to count with the abilities you have a defacto union and so it's forced the artificial. base of so your we have no common base of stability in the union we have been very weak base for the union and this is now becoming many first 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 trade. it's but not dates so if our constitutional court will decide to have a clique send i think and germany has to stop his participation in the union sends a davis is a five. but nobody knows when. it's coming in reality so i'm quite sure. we have four costs that. because.

your all is the same corp. thing so your video tape is sitting on steve saying you put it to. the front because it's. not me it's but. he could not make. political officials and i'm sure we. have to see. your but i cannot see i cannot give you the precise date thank you very much.

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resort and spa. in israel. some hotel. hotels jerusalem. the week's top stories. and the fever pitch tension. over spill president riles the u.s. with a friend once again. vost oil and gas resources. competition over the region. compromise here in the russian capital. shifting far right nationalism is on the rise following a string of successes immigration. law school from venezuela. a highly contested national election which has been. the rich versus the fall. for the sports with.

you're watching the sports news an r.t.a. and here is our headlines. russian leaders they need show the most against the south durham in one of saturday's premier league highlights. the cage challenge a nice muslims hatchery gives to numb also the way three want victory over visiting on 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 sits at the top for sunday's action. so for both of us stands on 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 be on fire and he's on the pitch for heading home expert fashion their second came from the spot bungalow sauvage believe it was open ended in the penalty area and so did the referees who should use international danny do the rest 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 i think maybe a temporary price slapped defending from thomas about chatting with me treat get a chance to go to have a story of one who was restored right after the break though good job or claimed his second offer this from was it was that i'll. have a double after weren't finished yet. that's good shuffles have traits that surely now has done enough to warrant

a stop the rush against next month's world cup qualifier in dublin. the icing on the cake came viola's sunder i seen a six one the final score up morris. the reigning champions were being kept up with change though later in the day because on side benji struggling along one nailed with 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 and went to mandela's magical stuff still there on the page one will display the sign. over in england chelsea have told the first points of the season manchester city winning the battle of the big spenders at eastlands carlos tennis making a difference of minutes before the hour mark since he now sits second alongside manchester united and also the who themselves were shocked by west brom by goals fast away to training to kill first appearances and little poles last i'm still

a stop to the season shows no sign of bolting the two will go against sunderland keeping them stranded in the bottom of the table moving to france now where title holders olympic mall say moved up to fifth in the standings of three to one who where no bustle schol the opening goal was an absolute for the visit this tie a tie will probably have a course on his mind but the ball have a that's right i did find even that instead . and so nice we can say it was the nigerian but looking up failed for in the open teammates of matthew dreda is too late with his reaction as small say graham delayed eighteen minutes into the match and fifteen minutes off the restart the hosts double their lead a lone for a win and loic remy has a war gonzales with us 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 wednesday's champions league game at

chelsea. and the south atlantic. and the number one spot would be one of the women at the old retreat by yes boring the wind up from a freaking knee on meanwhile remains stuck in the bottom would walk away from the first seven games and with those kind of results mode they may not be in charge of their emotional depth. and that shift gears to formula one the way fernando alonso is once again in the driving seat as he claimed his second straight poll for sunday's singapore grand prix it's one state 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 sebastian vettel will stop beside a loans all the grades with lewis hamilton behind that oath of enlistment delta two the third with 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 over the up time obviously in the car you don't know what those are doing but i was quite happy with my lot. i didn't know if it was enough to be circled or fourth but i've seen we get the word hundred percent out of the crowd today and so the. main factor for us. ok joe hockey now and now i'm also. on guard three want to help with that said 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 who believes the number is four hundred 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 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 and that often securing this sad consecutive victory over seven to seven fifty nine the final score that russia finish top of group d. standings and make it to the next round along with 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. in the sixty eight on saturday rickles and is tied for ninth so when shots behind him say it's a loan at the top of the shooting a round of seventy and they've done all that retief goosen dhawan shot back in second meeting both can still win prophetic scalp 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 swift of last and with the yankees now out of the first place in the atlantic league east following the loss new york pitcher and the teeth still showing planty of rust in the second stopped after coming back from the disabled list. taking full advantage to hit a failure 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 wrong number six hundred and sounds of false slamming sammy sosa for six overall a rhodes commandable effort however negated by aleck loss to altitude for the rest of the team for ten to eight red sox victory. this year and finally russia continued to dominate the arithmetic gymnastics world championships held here in moscow their streets

a having the medal tables winning almost every gold on offer so far richer than pool for that now takes a look at the daunting task facing other nations seeking to break their russian domination. these world championships in moscow able to give the gymnasts a perfect bromance to see just how much they have to improve with the london olympics drawing ever closer however with the russians would become almost every single gold available the future mitchell minus for their rivals that rhythmic gymnastics 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 amount to they did want to compete however maybe some chinks developing in the host nations omma they could only finish in food in saturday's team a round event the first time they failed to win a gold so far has been talons 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 in the sport despite saturday's he

come is largely down to having the world's best coaches and a large pool of talent from which to pick from. but i think much of anything that they could. take. could. do hard not to. try to. pick up stuff like that man. caught me up and take the house down rush from a former soviet union remained a powerhouse of rhythmic gymnastics with the rest of a low playing catch up all the more and more coaches from a former u.s.s.r. and i working abroad to help countries have had little success in a 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. from hopefully dati moscow. that's late 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 a human voice face to face with the news makers on the t. . shirt would be so much brighter if you moved some from fans to the christians. stuck totty dot com.

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