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tv   [untitled]    January 12, 2011 10:30am-11:00am EST

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russian coking coal company coke's group has announced initial public offerings in london and in moscow the firm aims to offer a quarter of its stalk and raise as much as five hundred million dollars koch says it will use the funds to boost its investment program. and strands their own lines ended the year much better than expected sales revenues from all operations rocketed by sixty percent to more than two billion dollars in twenty to carriers passenger traffic jumped by more than a third exceeding six and a half million people well that's more than it planned. russia is the second largest market in europe for japanese car giant and according to the company's latest sales reports nice and sales in russia jumped almost twenty four percent last year to around eighty thousand cars a strong growth comes as a rebound from the economic downturn which pushed sales down to sixty thousand in two thousand and nine from around one hundred sixty thousand the previous year also actively expanding its russian production lines with three models already being
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assembled in the country and that's all we have time for this hour we'll be back in fifty minutes time find more on our web site r.t. dot com forward slash business. the real. culture is the same i understand my family and it's always real my son let me be the new mothers in the market one year around the catastrophic earthquake in haiti remains a really good prospects in the league what has gone so wrong for this in congress.
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more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. the giant corporations are on the day the book. a very warm welcome to his home fans there with this is artsy a pilot's error a solid pressure on the cruise a lack of experience words of blame for the plane crash that killed the polish president kaczynski and ninety five oth is
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a long day for this was the conclusion of the official investigation which is delivered its final verdict. as the u.s. prison in guantanamo bay enters its tenth year protests are held in the country calling on president obama to finally deliver on his promise to shut it down this is engine said just becoming the sorriest for prisoner abuse on is still holding almost two hundred inmates in vehicle limbo. and an officer of tuberculosis in the u.k. the country that's pumping huge sums to fight the wife plague abroad luzon able to tackle it's a loving spread at home britain's been named here to be capital with thousands diagnosed with the disease that it. is a growing line of critics warning countries who are bracing the single currency the boarding a sinking ship aussies spoke to a british i mean about why europe needs to open its eyes.
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today i'm talking to david campbell newman the. euro skeptic political policy ukip he's at the forefront of the campaign against what he calls the european superstate mr campbell brown and thanks very much for talking to r.t. now you compare the european union to the former you the smells the at the end where do you think the similarities lie i think what it's about is actually trying to force a very different countries together very different economies together under one state to state effectively the united states of europe with quite an element the soviet union to it i'm a member of the european parliament but i think european parliament is not a true parliament is a bit like a supreme soviet it's always bad as the former soviet union but. elements of this so there are parallels with yugoslavia i'm afraid but it is extremely
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dangerous as we've seen with the euro to force such divergent nations together i think the tensions you create economic and political opera found the dangerous but surely you're not predicting that the will end in a pleasant concert i certainly hope not but you know i've been involved in the peace process in northern ireland i worked in government and i've seen what happens when democracy fails and i believe democracy is failing in the european union because national sensitivities are being overridden we saw it in our learned how they said no to those in treaty and then they were invited to get the right answer and they had to have another referendum and they said yes and look at the mess that is now in but effectively it's a contempt for democracy that worries me most you know we are democratic party in ukip and the real reason for being the real concern is the lack of democracy at the
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heart of european union two thousand and ten saw you. as an economic bloc my difficulty let's look forward to the future what are you seeing this year in two thousand and eleven i think person i think the euro will collapse and soon i think it could be generally february it could collapse. i mean really you cannot i saw the strange rate mechanism the forerunner to the euro you cannot buck the markets as mrs thatcher said at that time and affectively what's the e.u. is trying to do with this massive bailout package seven hundred fifty billion euros is to try and buck the markets but you can't do that you national governments never have enough money to actually out maneuver and out bid a bond markets or private markets they have more money available. and it's not going to work come in spades and i believe will bring down the euro some time early this is the new here and why is that because spain alone will need
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a bailout package equivalent to half the entire bailout package which already has a hole in it for arland hundred billion proximately and portugal is in trouble and greece is still in trouble so i don't think it's going to work and of course as a german constitutional court challenge as well which may well. the germans from actually backing any rescue package you know under their own legal rules so i think the euros in serious trouble i think are welcome end of the euro politically but i do acknowledge that the economic cost of the euro collapsing will hurt us all so many economists now dame to agree with e.j. they're saying that the euro won't collapse imminently and that germany has such a vested political interest in supporting it that it will keep pointing out is that the view from inside the european parliament well i mean the german has a lot of political interest in euro's a political project it was in fact i became u.k.
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. when i was sitting next to george osborne and the former german. girl rings former air ministry of berlin which is now the finance ministry and it worried me there in those many years ago just before the euro was was launched because they were denying it was a political project and it's always been a political project and that is dangerous because you cannot throw billions or hundreds of billions even after a political project the markets aren't interested if they see through it they will bring it down and that's what's going to happen. comis there are different views different of what could happen but what i'm saying is a euro in its current form i believe will collapse i think you may get another euro arising but with the stronger nations such as germany possibly france. belgium may be working together a different euro for the future but i think the euro in its current form will
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collapse you cannot push water uphill you can't make pigs fly you know your own really is fundamentally unsound it goes back to the point i made that you're trying to force very divergent economists together germany is very powerful doing very well with its exports greece's very weak spain is very weak it has pain has one and a half million homes unsold it's in serious trouble as are and you cannot force all these countries and economies together and force them into this this euro it doesn't work and let's talk about sustaining it which of course is the newest member at the. beginning of the yeah and there are posters up in estonia comparing the year rates of the titanic and comparing stage said titanic and what's going to happen to countries like that well i fear for a study i mean you know good for a study is actually successful economically it's not going to be a basket case but i do worry for them i think it could be the shortest lived you
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know membership of the euro. all. but you know i do fear the economic costs of the euro collapsing you know countries having to reinvent currency is what she will have to do that is going to be very serious and i fear for dystonia you know as tony has had a tough history with the soviet control the dollars they control the. it's got its freedom back it's doing well economically for heaven's sake don't throw it away by joining the euro and getting too involved in the titanic is a good metaphor i think because you know a study could find it's just got the last ticket for the titanic the the ship is whole below the water law of the euro it is fundamentally and you cannot support it through just throwing money at it it will not float you and your colleagues that you can't often talk about the collapse of the year a way to measure with but europe is the u.k.'s biggest trading partner wouldn't it
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be a huge. prosperity if the. well i don't underestimate the economic cost i think it is it is refreshing politically because it's a bad concept it's a political project and it's really about driving the european union together creating one super state that's what it's really about there will be a big economic cost for all the verse all banks will be hit in the u.k. and i don't welcome however i think by liberating these countries from this straight jacket you know i mean all it's been going down the dollar has got had serious problems because it's got the wrong interest rate because it's in the euro the interest rate you know one interest rate within this currency zone which doesn't suit them because it was doing very well previously they forgot high inflation and they got high house prices and same in spain with a massive one off a million homes unsold. you know this just doesn't work. as
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a concept you have to have a column is broadly the same in order to have a currency that covers them all that is not the case with the euro so yes there will be some economic damage but i think politically it will liberate these countries to have their own currency is they will be able to float they will be able to get their economies moving again the moment they're stuck in a free within the strait jacket called the euro and your objection to the euro as a currency is well documented but you keep us apart see also the european union and the u.k.'s membership but surely it's better for a small country like the u.k. to remain involved with it. in this way we're britain if you look at our history we involve a country is all around the world you know for hundreds of years trading happily. you know we have strong cultural links. we're not anti european. neither is
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switzerland and they're not in european union or norway in the north a new european union what was saying really is we want to different relationship with the european union we do not want to be within this political superstate united states of europe with its flag of its own its parliament and its president and all of that we don't want that we want a perfect amicable friendly trading arrangement with the you just like switzerland has. but we don't want the politics you know that is really submerging our country way of doing things our judicial system and our culture within this that we don't want and we don't need that i was you say we are the largest trading partner britain is with the continental e.u. we are in the prime position to actually have a perfectly respectable and very amiable free trade agreement free trade agreement many are saying that we've only seen the beginning of protests against austerity
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measures. on the streets are you one of them or do you think it's going to fizzle out in two thousand and eleven and i think it will get worse and i do fear you know you have some extreme problems in greece in spades in portugal with very high unemployment where like in spain you're almost approaching you know one in every two young people is unemployed that is not sustainable within a democratic society i think that it will lead to serious problems. but i think the route to solving is to get out of the euro have a free floating currency again and actually to be able to attract people back to spain in terms of holidaymakers for example because it's cheaper to go there that's a major issue just to get the economy moving again i mean when we left the exchange rate mechanism which was the forerunner of the euro and britain our economy started
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getting better and it got stronger and stronger ever since we left that region system that was the precursor to the euro and that's what will happen in allah and spain is the only route to these countries actually finding salvations to get out the euro and in the short term spain will fall i think what will happen is spain will have to leave the euro or the euro will collapse because it's too big to support i mean it's about it will need about seven times as much roughly as to help it out of the problems and that's not sustainable and even the germans you know are not prepared to work too late whatever in terms of their economy to support space in you know they can't afford even the germans can't afford to bail out large economies like spain and it's in serious problems are serious problems and we have to be polished about them the only way for the economy to start moving again is for it to get back it's
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a free floating currency not to be. the press within the euro david thank you very much thank you. for the full story we've got it for. the biggest issues get a human voice face to face with the news makers. wealthy british style it's time to. market why not. come to. find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines two kinds of reports.
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will. bring you the latest in science and technology from around the world. we've got the future covered. pilots are a psychological pressure on the crews the lack of experience and was to blame for the plane crash that killed the polish president kaczynski and ninety five all the last eight years the conclusion of official investigation now that delivered its final budget cuts. at the u.s. prison in guantanamo bay and to a ten year process someone held in the country court on. president obama finally
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deliver on his promise to shall sit down the detention centers because. of prisoner abuse and is still holding two hundred. it's about you know he says in the u.k. the country that's been pumping songs to find out why we will release on april to tackle it's a long spread at home britain's been named t.v. capital with thousands diagnosed with the disease. it's time now for the latest. start to the tennis season in the world's top tennis players anyway mikhail youzhny rose to his highest ranking ever at the end of last season but i wasn't going so well done under for him as he prepares for the australian open i've got the details just awful.
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hello today you watch from the sport and this is what is coming up. chasing the playoffs with the latest on wednesday sticks shoes and make a h.l. . plus life's tough for the top russian usually loses to hewitt ahead of destroying an open. in the you get the best ever or not yet you can. start though with the k h l with four going to taking place this evening and bodies have got the first win all of the night against them or for two is coming back to the roots a after being three nil is down but the fourth about to wrap up when. she is going moscow are looking to revive death fortunes eighteenth in the table at the moment with just eleven wins in forty one games that are up against some of the south has been almost a hosting spot out moscow with both clubs hovering around the age of the playoffs so not
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a moment was the nominee and it's gotten better and save me the husband probably of action to enjoy over the last week in the cat show so it's time now to look back at some of the hot. since.
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ceased so. since. ceased
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so. to the tennis no neck i'd ever junk i may or fall into twenty three in the world rankings but he's beating checked on his burch in an exhibition tournament in
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melbourne the russian to feeding him seven five three six six three in the kooyong classic a warmup event for next week's astray an open but compound treat rico youzhny he's risen to tenth in the world lost a lleyton hewitt after hewitt took the first set the game was delayed due to rain and the momentum changed with usually coming back to being the second but the home crowd favorite regained his form in the decider winning a rally of the match to break so i. sat down there i mean seven five four six six four to the light of the majority in the stands. i'll play again all three came from a set down to beat the defending champion fernando verdasco four six seven six in the match towards i some football news now an arsenal coach aston vega says he's wary of the switch side he will face tonight in the first leg of the carling cup semifinal the trying to man lost seven will to chelsea in the f.a.
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cup and have sacked manager roy keane but vanga is being cautious you know. what you freeze the good teams who are in the championship you have seen the against leeds do fruits more. on standing to do in the premier league rules one want to lose standing of all were the two obvious brindled of one in the chair but you do freeze the team as a compact you knew it was ready to fight against you and i think that's what good fruits are going through which we mess manager every grant is still fine. despite widespread speculation about his future in charge of the homicide suicide think birmingham in the first leg of the other semifinal last night west ham taking early death among noble drove in the near post burning and managed to make wiser in the second half of the half a head to make one one westheimer then down to lie one think that he was sent off after a nasty bacteria on sebastian last and half an hour left but despite being
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a man down i found a win over the banks one or two goalkeeping era cotton coast time effort some had going on with the legs then fast that led me from the time i. now the asia cup is throwing up a bit of a tasty local darby iran coming from behind a big defending champions iraq to one and their opening game of the tournament action for matt hay iraq starting the better of the taking sides in this one and got they got off just twelve minutes and slipped pass and i think they'd be around thanks i'm not one of. the round to find their shooting bones just before the break ball i'm resigned with allies office and lot less defend me i remember. the bar easy enough that free kick into the box and seeing provided everyone was happy to get back to one for around and i talked to a great man if you're still catching his breath.
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shift. it's a speech trust fund. which. stretched for now apart from staging the actual cup can't find that last month that will host the twenty twenty two world cup and think his claim that it is now likely to be held in the european winter. used to attract criticism england's football chiefs the latest to voice their concern with f.a. general secretary alex horne saying it would be a logistical nightmare adding the notion of playing in cata just leaves me in a cold sweat at the moment meanwhile fifa vice president michel platini agreed with the january world cup that says he wants catalytic post the twenty twenty twenty minutes with its gulf coast adding its ok to alter the world cup plans after
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hosting rights have been awarded. now in the n.b.a. the defending champions there the los angeles lakers have set a team record for the fewest points conceded in the regular season that after humiliating the visiting cleveland one hundred twelve points to fifty seven and the game was never close relations certainly got past the recent slump recording their fifth straight win a december poll showed that sixty seven percent of n.b.a. placing kobe bryant in company and retained their title this season and it was easy to see why we had a great man and rebind starting to regain his old it was total domination cam from a thirty percent of their shots while everything was forward for the guys in thirty and gold including half court shot slash pass this one by shannon brown and the third quarter was the latest margin of victory since moving to los angeles. and finally it is a big year all around for to kathy in november the company publicly unveiled the dive and on the racetrack nicky hayden will partner one of his oldest rivals
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valentino rossi and the doctor maybe putting on a brave face ahead of his first season with the kathy italian made to keep a maestro struggle through all of last season with a shoulder injury his problems pay not to be over. the bigger bigger issue we now is my my shoulder my my fees it could be sure and i'm not one hundred percent of fortunately the surgery or the shoulder was there was a very big need some more time before for four big and i x i expect to be in the. the shape at this moment of the of the of their not me but unfortunately is the lever some are some problem so we have to walk very much for reform in the first that they asked we needed to improve the bike or to modify only that with the bike but they need those for modify my ride being style and their adopt through their. that's i guess back so you know that is all a sport for the monks more than a couple last time. culture
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is the same i understand my earlier stories we must look back and look back years in the market one year around catastrophic earthquake haiti remains prospects bleak what has gone so wrong for this and progress. would be so much brighter if you knew me about songs from things to pressure some. stunts on t.v. dot com. is filled with joy. with parades and marches.

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