the world has been seeing from the streets of canada. trying to look for a shelter rule the day. it's. the week's top stories. fever pitch tensions at the u.n. general assembly over the spill must be rainy and president us with a sense of rest once again. vost oil and gas resumes is the new license of competition over the regional pubs of countries seek a compromise in the. shifting the far right is that nationalism is on the wrong place following a string of successes from one city immigration and political policies in new.

tools to professor william hung but he. isn't me. 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 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 treaty for. your 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 you're. having now suspended you have to. be in trouble. because it requires all you want to use next cases are prosecuted. maybe you can hear from. this is a real fear. is flowing in. very. inflated and so there's a reason why we started this complaint treaty must be fulfilled. so you maintain that under the terms of that a bailout actually illegal what outcome do you hope for if secord is sharing.

in german participation. be stopped and i think we are coming back to. stay. probably you see which is now fried in your brain. and maybe greek is forced to opt out and why not because the country is not very happy to see you weak country trying to resume 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 one that is smaller but a harder monetary union not because sixteen or seventeen members but only has

ten or eight but countries. follows that all of this would be an option. whole experiment of. union in my view which was not the union but concubinage sixteen sixteen countries shared one cover which is a nonsense political as well as in economic terms so if sis experimenting will be stopped there will go to come back to a national currency so germany to search my heart and why not the torch 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 germany it was dark smart send we would have a clear cut split in your between countries depreciating and appreciating and

germany i think given the surpluses and some of the current we've grown to appreciate so you're saying that the shaping of currency is not the damage but it is a real one to troubled country you get more real goods for your money so we would have higher welfare lower interest rate and better performance in the whole economy which we had before as are your plans 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 you will 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 becomes very. stable. so you can. get access to the interest every week. has been appreciated and diminish made. exports are up but again more prosperity in the home markets so each country of c. union 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 you. 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 it's now. source of deficits and so it's a crisis by our monetary. revalidation many people other racial problem exchange a moment in order to overcome a crisis and he needs his. optimistic after. opting out of the deficit countries forms a union or breaking down the union we will get after

a short a 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 euro zone 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 a ten or so and then. turmoil in the markets so markets needs. data. items so you need. to protect them perhaps in corporate europe 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 normal heat of something. but important was much more important so the markets. in this of economy and economies need super currencies in order to perform and. see. a. real a real positive effect on the economies involved into your source 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 these 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 tomorrow on the external markets and it can function only among countries having to seem 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 we had to formalized you or you when we had informal monetary union in your bounce a dutch mark there was no contract because it was not proper. luxembourg but they should see exchange rates between all source countries where stable state but not by by insurance and complex but because the markets fit together we have to very. into the lation between economies and we need to have people from different countries so our monetary union is reflecting stability insights you can't please 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 fist what kind of a time scale do you think we're looking at for potential collapsing was very hard to say because economists like me can calculate trends but not date so if our constitutional court will decide to have a quick send i think and germany has to stop his participation in the union sends a day this is what i have. but nobody knows when. it's coming in reality so i am quite sure. we have forecast the president because when he started so you will see the same go up my nose forecasting so you will video not steve.

not be frank because it's. not me it's but. he could not make a strong political officials and i'm sure we. have to see the collapse of fuel but i cannot see it cannot confuse a precise date thank you very much.

damage. but very little. are the key to our problem our own right. so.

you. are learning. this history still keeps its secrets but now it's time to reveal the truth of the soviet files house on the embankment. culture is that so much of a taxpayer is all about maybe going to exist in a real mystery place laura being undocumented immigrants or illegal aliens a label to protect or punish us as an anti immigration.

base we'd set up stories speed ok tell us is at the u.n. general assembly a good as it is be a great game president rolls the us. once again. live on. oil on a dancer's this has been almost two colleagues competition in the region pumps and some seems to see the compromise of the. shifting far right is that in the wrong lines holding a string of successes spawns integration is the whole season here. this is all seen from moscow coming up next will that exist schools with unit.

you're with sports today here on twenty four are. these are headlines keeping in contention c.s.k. moscow dominated f.c. tom to consolidate third place in the premier league with the season now into its final third. top gear fernando alonso produces a textbook race from pole to win the singapore grand prix and move up to second in the driver standings. as you wear the boston red sox don arch rivals the new york yankees for the second time in as many nights. for not coming up but. be overwhelming favorites to be cry and russian football champions this year but c.s.k. moscow certainly have not given up the chase the army men easing two or three when away to f.c. tom on sunday no waiting around for this one with less than

a minute on the clock wagner love picks up the ball and finds the net exquisitely the man with the blue hair will be played a big part in number two as well love taking the defender out of the equation be fourteen off see do do home for two no forty minutes the second half was one way assess the traffic as well but the muscovites didn't have the ball pass the time line again until the death nest which is sweeping up the remnants three male the final score gets a thirty eight points behind leaders and heat with exactly a third of the season left to play. because cross city rivals the exact opposite look on the day the blue and white schooling dying three nil it home to spark technology chick. got the ball rolling just after the high. mark. colvin made it to nil at the beginning of the second period

again in the right place and he claimed his hump trick late on the twenty two year old proving the king of the six yard box but really the defense must take the lion's share of blame for this one three in the capital fourth and well in contention for european football next season. somewhat of a shock in the day's final match up of rock bottom getting back to winning ways after three straight defeats the men from disappears edging. off home to be a minute header from big international. severe room in the last but their fourth win of the year should at least restore some. one to. their second wind. probably the best striker in the russian league this

year ukrainian alexander. ok let's talk english football now been the best of days for. alex ferguson to take full advantage of chelsea slip off earlier in the weekend. needing to come from behind twice to salvage a point against bolton a win that would have seen the reds move to within a point of chelsea to themselves their first points of the season against man city . aston villa up to fifty two one win over wolves newcastle stoke couldn't be separated after ninety minutes. was a dramatic night on the formula one track with fernando alonso holding off sebastian vettel to clinch is fourth the winner of the year in singapore the twice former champion are just eleven points behind. in the overall scheme of things that

spawn you're making the most odd of his pool decision on the night street circuit red bull sebastian vettel pushed him the whole way with teammate mark webber on the chinks or five a collision which not almost an out of the race seven time champion michael schumacher also putting nick heidfeld in a spin on the marina bay circuit things heating up for heikki kovalainen the fins lotus clearly in need of a cool down at the end of it although it was a long edged vessel by just two of the second with webber in third four races remained this. now the clash billed as the game of the weekend in the kontinental hockey league have a distinctly individual flavor to it on saturday denise of putting his name in lights. off guard for their third straight win the visitors were the first to get on the scoreboard just three minutes in but i'm on that in the lead. responded five minutes later the old converting on the break the way. it was plenty more to come

from the youngster midway through the second the young forward does it all himself with the hosts on top. of completing his first career huck trick with an empty never been card late in the game three one in the final stewards now a sitting pretty. rushes female bus to ball team are through to the second group stage of the world championships in the czech republic after their reported their third consecutive win over argentina this time seventy seven fifty nine the final score thus finishing top of group d. to prove into the next stage the united states spain on raving champions or st are the other on the fitted squads. to put the bad a wall full record at the finals they have lost in the decider of the previous three championships all right that brings us on to the diamond where boston may have won two big bottles but the war. for the post season is just heating up the

red sox beating arch rivals the new york yankees for the second straight night on the road boston though still not guaranteed a wildcard playoff spot a sunny day in the bronx with the sox seeking to overcome the gloom of their recent struggles david ortiz enjoying good form at the top of the third inning boston a three zero lead big papi striking again in the fifth collecting his ninetieth r.b.i. of the season and helping the visitors to a four nothing lead the yankees going on to lose it seven three but they do have a chance of redemption on sunday the red sox will most likely need to win six of their next eight to secure that wildcard spot. right that brings us on to gulf war it was a night of firsts in parlous with rookie john pari lifting the nor goal vivendi cup title for his maiden european true when the twenty three year old english man holding his nerve like a veteran of the gulf to join well of course the following are a birdie on the seventh hole with another one on the tenth putting himself in solid

contention for the win put for a par enough to clinch the title in the heart of finishing seventeen on the par for the event you hunted for as was the long sweet and second place while this composite on halfway stage the only example on was in the five weight for third ok let's head over to germany where a pair of kenyans overcame dump conditions to outlast the field at the berlin mara . the trick maku yochi a tad smarter in his stride than compacted geoffrey mutai on the day the twenty five year old can bring the forty two kilometer distance and two hours five minutes and eight seconds just fifteen seconds off the pace if you've been boss you work rounded off the podium workers come puffery it's were on the mark in the women's

portion of the race a bird who can bet on those who nash the kelly their top two their japanese moto in third let's finish by heading on to the markets where sunday saw the finale of the world with mc gymnastics held here in moscow russia have been dominating proceedings all week long didn't alter too much on day six constantly but top off went along for us. it's the first time russia has hosted the biggest two errington with when jimmy sticks so the pressure was high as the country is the clear trend setter in the sport but you know what a lot is being done to make this who are even more popular here would dominate the sticks around the world it's easy to work with a ration a real pleasure many a full coach's work and brood to increase the level six worldwide nevertheless we should continue the progress of the sport and we have a project for development. but pressure not the house swept all around them the

proverbial nerves of steel very much in evidence with a tally of eight gold five and one bronze medal russia absolutely dominated the thirty eighth world championships the russians have always said but more high for their challengers and on this occasion no nation came close to emulate ing them again a kind of approved way she's simply the best overshadowing the field would have flo is routines the twenty year old gymnast adding three gold and a silver to him medal cabinet however the olympic champion can be fully satisfied with the result as last year come i won five gold medals and sensationally this a year in one thousand didn't reach the final of the ribbon a band that on i went to meet the one who long with the taken the call a shoulder more than ready to challenge twenty of gania for a slice of her employer. competition is thus rife for a place on the national team and that can only be good ahead of the olympic games in london in two years time russia climbed atop the podium in all but

a single group final losing to reigning champions italy in one of the three deciders. we are very very pleased with their performance and their results i don't think we could even dream of getting a higher score it's extremely hard to compete with the russian team so i think we did very well. looking back over the six days of the world championships the inaugural games held in russia were not this success for the host it all by as well for a record hole at london twenty twelfth consigning but out of our team. is your sport for this hour i'll see you soon but do stick around the world whether it's coming your way and just to take. sure is that so much of the taxpayers' money i mean anyone seriously if it really. wanted a undocumented immigrants or even legal a label to protect or punish us as an immigration.

are nothing stop we are going to come back. we'll have a rally we'll sell lots of beer will. they will wear uniforms that will damage is in the black and them moving but very little damming the white. and they are the key to our problem are already.

nineteen thirty eight england and france try to reason with hitler germany demands to go to land and gets its way they all thought they had created a safety net for themselves nineteen thirty nine the whole of europe isn't dumped in war.