you can a letter to her to say don't need to go and. read this in the kernel was her job as used to retreat. world cup shootout countries hoping to host football's flagship tournament make a final push the day before the winner is announced with russia among the favorites . but we should be doing exciting to our friends and we hope you come out of the euro and get back to having the right cards for us protests sweeping across europe against the need to bow out failing economies italy among the next up risk following the fates of greece and ireland. but president medvedev calls on the leading players and european security to push aside the stereotypes of the past and work together for the sake of future stability. and in business foster's latest bending acquisition will make you earth even a roof the largest energy company in russia or in twenty minutes.

from our headquarters in central moscow this is r t with me and he said now it's four pm here in the russian capital two pm in brussels and another eurozone country another threat of an imminent bailout italy is the third largest economy that uses the euro and there are fears it may start plunging in the same direction as greece and ireland with the euro failing the amount of money it costs rome to lend to debt ridden countries is rising dramatically spain portugal and belgium are also at risk of being pulled into the crisis doubts about the future of the single currency and the u. itself has been intensified by fresh protests sweeping across europe people are angry at facing savage cuts to pay for it all european parliament member nigel.

those countries aren't confined the euro zone get out to save there. if spain went down remember that the debt they got is about seven times the size of arland so we'd be talking there about three hundred fifty billion euros and italy bigger still and so you get to a point where there is no more bailout money where the euro in its current form would cease to exist i don't know whether that will happen in the next few weeks but it remains a real possibility ok but in fairness the european commission president said on sunday that the eurozone isn't to blame for greece and ireland problems and welling's would have been much worse without the euro is there some truth in that there is not a single piece of evidence for those claims by barroso or van ryn point whatsoever listen when arlen joined the euro there were people like me saying there was no benefit for the country as most of their overseas trade was denominated in sterling or dollars anyway and to join the euro they would have to have artificially low

interest rates and for the first seven or eight years of their membership of the euro irish rates were three to four percent lower than they would have been had the irish kept the point i what that meant was that the property boom became the most massive speculative bubble and that's why the bust is as bad as it is and now. finds herself in the euro where euro zone interest rates are going to head up over the next couple of years at the very moment that they're trapped inside a deflationary downward spiral or i will euros have a quick listen to it if i may i mean look at the case of britain then as in an e.u. member signed up to take the benefits of european harmony isn't it right that they treat pain when times are hard you can't have a cake and eat it while any. well let's examine what these benefits are shall wait i've been here for eleven years as an m.e.p. and i'm still struggling to find them because if what we're talking about is free trade is the ability of companies to buy and sell goods from our next door neighbor in countries look the swiss do that without being you members little we do that

without being e.u. members so if what the united kingdom wants is free trade she can have that without being part of a club that makes three thousand new rules for us every year and cost us a membership fee of nearly fifty million pounds a day and the seven billion pounds that the british government has said it will guarantee for the irish frankly is money poured down the drain what we should be doing a sign to our friends in our land we will help you come out of the euro and get back to having your own currency otherwise frankly we're wasting this money when despite all the troubles for example the stonier is looking to join the euro by two thousand and eleven i should say why would the zone accept new members and they'd all this struggle. because this is an empire mr rosso said i think two years ago he said that the european union was the first ever nonmilitary empire and what empires try to do is expand so they'll have it into the euro and they'll try and make join

the european union next year over year after they think that all the while they're expanding people will say well it must be going well it'll take their attention away from what's going on with him sadly it's too late and all the opinion polls show that in germany in greece and britain and ireland the right across the european union increasingly the publics of europe are holding the political class that have done this to them in increasing contempt. nigel farage is there any peace speaking to my colleague kerry johnston you can watch that full interview at r.t. dot com now meanwhile anger at the u.k. government's deficit cutting measures continues to rise thousands have more still london streets on another day of nationwide action in protest against plans to raise university tuition fees to previous demonstrations spilled over into violence stephen davis from the institute of economic affairs says the government is facing the consequences of a smart policy. what is going on at the moment is that there's

a huge series of unexploded bombs of bad debts in various countries which is being passed around a rather gruesome game of pass the parcel from one set of taxpayers to another it was passed on to the irish taxpayer it's proved too much for them and it's now effectively being passed on to the european taxpayers including the british ones what is needed is a mechanism for the orderly winding up of insolvent banks and financial institutions and that's what we don't have to spike two years in which we could have worked one out. now with our t.v. live from moscow coming up later in the program for your self christmas present for the f.b.i. . entrapment is not legal entrapment is getting someone to do something that they would normally do. they arrest of an alleged terrorist suspect sparks criticism of anti terror tactics in the u.s. as agents themselves help him walk their tough. calls on missile defense for europe must be addressed and u.s.

officials should watch what they say my dear prudence interview with american t.v. veteran larry king goes on air. that's coming up but first the organization for security and cooperation in europe is losing its influence and needs to be modernized there are the words of russia's president dmitri medvedev who is now in the conflict top with all of us the law as it hosts the first summit of the fifty six member group in a decade russia also wants to reboot relations with the group which suffered after the country withdrew from the european conventional arms treaty three years ago that decision came after the us announced its missile defense plans in europe also at the summit president medvedev has once again pushed his initiative to create a pan-european security treaty. but. the new treaty we have proposed would be aimed at guaranteeing common security for europe i think everyone who supports it is being discussed for two and a half years maybe the stereotypes of the past is still strong and this initiative

is ahead of its time but its turn will inevitably go. well russia is looking to build greater stability across europe in asia especially in europe borders that's according to victor mizzen a political analyst from moscow's institute of strategic assessment who says such conditions are important for the country's modernization. russia is not seeking any kind of confrontation because the. where from call is salted to you know where you see. the boy told the interests of russia security also calling for angels goes where sibylla it is for any kind of various forms but what russia wants it's a very secure environment especially on its borders because we needed for the on the go in very deep. large scale but then if they show which just invisibility of cold war and i think the russian diplomacy was the way to active person be it in

the last year we're going forward very interesting the very innovative bulls also these should you draft three deal in european security including. well russia's premier of legendary putin has also been discussing the country's security policy and an interview with american t.v. host larry kane he says moscow wants to become an equal partner a new plans for european missile defense otherwise it could lead to a new arms race when asked about the latest wave of wiki leaks putin said it was no catastrophe because it was such a poorly kept secret however he lashed out at the assessment of his relations with president medvedev saying the comparison to batman and robin was arrogant and an ethical putin's interview airs wednesday evening in the u.s. and he's likely to be the last statesman to appear on larry king live as the veteran interviewer soon retires. president obama has used his

last opportunity to push for us to legislators to ratify the nuclear arms reduction treaty with russia before the holidays as most republicans continue to stall the process obama wants the senate to put aside political squabbles and focus on security. i reminded the room that this treaty has been vetted for seven months now it's gone through eighteen hearings it has support from senators of both parties it has it's broad bipartisan support from national security advisors and secretaries of defense and sectors of state from previous administrations both democrat and republican and that is absolutely essential to our national security we need to get it done. well during a nato summit in lisbon earlier this month barack obama said the new start treaty agreement with russia is absolutely essential for national security and the warming of relations between the two countries the treaty would see the nuclear arsenals of

russia in the u.s. when asked by almost a third now to come in force it has to be ratified by the u.s. senate if you can't republicans including arizona senator john mccain said they would be open to voting on the treaty during the lame duck session but president obama still faces the task of persuading the rest of them to do so. now discussion over what is that stake surrounding the republicans threatened not to ratify the new start agreement with russia that's peter lavelle's crosstalk panel fired up that's coming up later here's a quick preview. there are enemies of an improved u.s. russia relationship in the united states but the point also has to be made that there are enemies of an improved u.s. russia relationship also in russia and i think this agreement by getting this agreement ratified we will open the doors for greater cooperation in the future ok if i go to you you agree with the ambassador there are people in the political

establishment rush would say yeah you can't trust these people see you can't ok and it feeds upon the extremes on both sides unfortunately the extreme in the u.s. seems to be mainstream. and. interpol has issued a warrant for the founder of the whistle blowing web site wiki leaks julian the sounds so we just authorities want to question him over an alleged sex offense which he denies and dismisses as part of a smear campaign the current whereabouts of a song which is not known it was on sunday that his web site started to leak more than. hundred thousand private american diplomatic cables the complete set of documents is due to be published online shortly but many analysts and politicians say the leaks offered little that wasn't known already investigative journalists

through spanker says till many people could have had access to the information gathered by wiki leaks these documents which are not top secret they're low grade classified documents that they were accessible to a huge number of people perhaps several million people through this military service the reason this happened in the first place was because after nine eleven the concern was that there wasn't enough sharing of information that made sense that they wanted to make semi non risky things available to a large cross-section of people in the military in the state department and other parts of government the whole story is very complicated because one does wonder how it's even possible though that somebody could download this vast quantity of documents without triggering any kind of an alarm there are a large that could be built into systems and it would be of the most basic sort of security measure now it has been hailed as a coup for u.s. national security the capture of a terrorist suspect who allegedly was planning to set off

a bomb at an annual christmas tree lighting ceremony but many believe that this is a case of entrapment with agents having groomed the nineteen year old somali american for the crime or jesus that their church explains. this winter season the f.b.i. celebrates the reason the arrest of a potential terrorist but a little something is wrong with this picture over the eighteen months they cultivated have the alleged plot or as a teenager a bomb he planted a fake and the f.b.i. allegedly manipulated him into committing a crime entrapment is not illegal entrapment is getting someone to do something that they would normally do the guy named mohammad had his e-mails tracked by authorities while they waited for the right time to get him to act against u.s. national security or the f.b.i. as steve said with him every step of the way because he started to say he was fifteen years old for years x. amount of money and efforts from the f.b.i.

later the sting mission comes to a close the nineteen year old is accused of plotting to blow up a christmas tree in portland oregon the language used against him in f.b.i. records is all too familiar to the sensitive american ear and even though the device was. fake here spreads like bacteria bomb the threat was very very real. media images were quick to portray what could have and would have happened had the bomb been real. becoming yet again not a watchdog but an echoing voice of authorities along as terrorism stuff i think is kind of embarrassing for most of the media the way the f.b.i. has official word on whatever is just taken as the truth but the obvious truth to some is what's not addressed at all when it comes to national security and terrorism it just sort of stops all conversation it's chilling conversation you immediately assume i want to be protected the f.b.i.

will protect me and and therefore whatever it says is true when often it isn't the case dubbed the christmas tree plot or is far from the first to bring to light the practice of entrapment in the u.s. convincing pursuing. and tricking the eventually accused has become systematic according to some and they can come after you and they can manufacture crimes against you and they can make up a whole case and put you through the whole thing and eventually if they can persuade a jury that this manufactured case is valid you can go to jail for a very long time and with the case being built against muhammad not just by fish oils but by the media too what if it had a strong event at its christmas tree lighting the destiny of the u.s. citizen turned water with a little help from the f.b.i. seems clear to the problem is that you know in court cases people juries believe the f.b.i. they are the f.b.i. they've been you know we've been indoctrinated to believe that the f.b.i.

can do no wrong of course there are many many cases where the f.b.i. has done a lot of wrong the rule of law enforcement is to catch the bad guys so that the good guys feel safer when criminals are not just caught by officials but also created the idea of national security becomes just as made up as the means of reaching. this issue. let's go back to our top story the fight to host to have the right to host football's world cup it's entered its final stage with canada countries making their last presentations russia's bid for the twenty eight hundred torment is said to be one of the strongest but it faces stiff competition from western europe well arty's team is covering the events and tells our affiliate now joins us from outside the theater media center in the swiss capital hi there tessa tensions reaching fever pitch take us through what will be happening there ahead of the winners being announced i'm sure is a buzzing with excitement. yes that's right well the next few days to warren

are very highly anticipated days in the world of sports now a big names have been arriving here in zurich and the media had their stakeout in front of hotels where the important people are saying now as you know the actual voting for who will be hosting rice of the world cup twenty. two will take place tomorrow but presentations have already started as we speak australia is making its final presentation to feed now russia will make their to morrow their final pitch to the judges but before we get into that let's have a little bit of a back out and have a look at russia's bid. twenty eighteen we believe this banner at russia's latest international friendly describe how fans felt about russia getting the world cup but does the country with a rich football tradition stand a chance of becoming the hosts. the dutch coach of the national team certainly hopes so even though his home country is among the big. we

need the world to. put the infrastructure. because the majority of the. many experts agree with that notion believing that russia lags behind its rivals in terms of food infrastructure but that is about to change according to those behind moscow's bid this is the denominator stadium moscow's oldest this is where history's greatest football goalkeeper a russian spent his glittering career the game's legend did not live to see his home ground being transformed it is now under construction to become an ultra morden stadium. all in all russia plans to build sixteen stadiums for the world cup games a graphic presentation shows clearly that all grounds will be high tack the head of russia's bidding committee says even if it loses the right to host the cup it has won in other ways to look at sochi and every promise that we have made to the city

is being fulfilled right now as we speak. we do have a lot of things to build but it's it's no secret and we have already started that even regardless of the first choice. of sixteen stadiums will be built regardless of the outcome of the december second. playing both in russia and abroad are relishing the prospect of playing on world class pitches but they say russia needs the world cup to both revive its one strong full. traditions and to open the country to the rest of the footballing world. will be playing at that cup anyway but i think it will be the biggest victory for my country if it gets this world cup it's a game brings brings people together you know it's a great tournament huge storm in europe even to the south africa is a great success you know and something like that is a huge thing and i'm sure the people are actually broken. experts say thursday's

voting in zurich will be completely unpredictable the british press however believes that russia's bid and the joint one of spain portugal are favored to win the russian delegation hopes it will be able to impress the fee for executive committee just as russia's olympic bid team didn't want tamala to win the winter games for saatchi. ascii r.t. reporting from moscow. well as we've heard there's still a lot of work to be done in russia but officials behind the russian bed are not looking at this as a disadvantage in fact they see this as an advantage a potential for growth and development in terms of football as well as legacy what they feed the legacy behind could be a massive now joining me to talk a little bit more about this is our forces that are andrew farmer andrew rushes pulling out the big guns that was the latest from the cap the big guns but the big news at the moment is that prime minister putin will not be coming to europe he says he does not want to put pressure on the faith the executive committee which

will vote tomorrow another logic behind it is that mr putin was largely credited with bringing the winter olympics in sochi twenty fourteen to russia heated up in guatemala. to russia but this time around he says he wants russia to win the debate on its own merits and therefore he does not want to be saying to be putting more leaning on the decision makers but we hear the vice prime minister. the big presentation also coming later today is the russia captain. as well as the chelsea iron man up or i'm over church ok a lot of big names there but russia is not the only one doing is that right. the spanish presence up there will be here the british prime minister david cameron has a right he came yesterday along with prince william david beckham is also here for them he spoke to the media yesterday speaking to the media today and he reiterated the fact he felt that the negative publicity that's been in the british press concerning allegations of corruption involving faith will not affect the british

but he feels or least trust the fever executive committee will make their decision based on what is good for football all speaking about scandals how the two officials have been suspended by fifo will remain suspended now this could possibly be good for russia couldn't it it could do does mean twenty two members will vote tomorrow the winning bid will need twelve. but it does leave a possible situation where there could be two teams left on the eleven votes each if that happens the year before president sepp blatter would have the casting votes and he's been making some good noises about russia over recent weeks so who knows if russia is left in that final round of voting and he's tied with another beating nation it could well go to russia all right well russia will be making the final presentation tomorrow they will be presenting of course the technical side of their peers but as well as a pulling a few heart strings are present because for all sides of russia now russia will be

the last one presenting it who knows this could also work to russia's advantage or we will certainly be watching this final verdict from al tells our silly a live in zurich speaking there to r.t.s. and to a farmer thanks for that. and that brings up today from the news desk this hour next it's business with no doubt hungry for the full story we've gone to. the biggest issues get a human voice face to face with the news makers. hello time to get the latest from the world of business russia's hydro power holding

routes hydro has expanded its ambitions along with its investment plans which will spend at least three billion dollars the new plants while wooden izing old ones boosting output by a biologist thousand megawatts profits are up ten percent so far this year at over seven hundred million dollars in the fast half of twenty ten. yes but on a lot of them the investment program for the next three years was confirmed this summer next year we plan to invest over three billion dollars around twenty percent will finance the technical upgrade of the existing plants the rest will fund construction of new hydro power facilities our key priority is to increase the value of the company in this regard the asian market offers outstanding opportunities the region has vast hydro power resources it also enjoys growing economies and business. as a company representing a whole segment in the energy industry we're interested in a wide range of cooperation from engineering to exploitation this means that we

represent all chains in electricity generation and renewable energy and the asian market is the most attractive for us at this time. and staying with the energy. power utility controlled by little did it says it wants to. three power generation from the risk may kill the bid involves paying two billion dollars for a seventy nine percent stake in the power generating company odjick a three when argos says two banks are already interested in granting credit for the deal if successful the acquisition will make it the largest energy company in russia. a quick look at the markets european stocks are on the rise following a strong session for most asian markets with banking and insurance rebounding from greece and clients the footsie is up more than one and a half percent led by gains of around five percent for world bank of scotland and lloyds bank incur the ex is up two percent but the rich

a banker over two percent. and in russia the mice it's on the r.t.s. up both up on the day most trips are higher with gazprom and lukoil both up over two percent on my six. year old dutch shell and plan to expand their partnership and explore oil in western siberia and russia's faught east along with distribution projects in europe the companies have not revealed their specific plans they still work together on russia only an island after moscow forced shell to cede control of the project into two thousand and seven on unfavorable terms shell has a twenty seven point five percent stake in this project while gazprom has fifty percent plus one share. the government hikes or that huge of a small five point five percent to over three hundred three dollars

a tonne due to world produced in siberia will reach one hundred eight dollars per tonne from the current ninety eight point eight dollars per tonne. meanwhile russian made postpone its sale of ruble bonds to international investors the euro crisis has let dribble bonds to tumble as investors avoid asses they consider risky russia's also suffering slow economic growth and high inflation and other bric countries russian officials say the sale of twenty billion dollars of ruble denominated bones could be delayed until twenty eleven. russia's budget spending for twenty ten could fall by up to five hundred billion thoughts around fifteen billion dollars economic development minister says the drop in spending will also lead to a decrease in real investment spent funds will be channeled back into the contras reserve fund which was set up to cushion any trouble but oil prices. that's all we

have time for now but you can always find more stories on our web site that's archie dot com slash business. bringing you the latest in science and technology from the round. we go to the future of harvard.