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tv   [untitled]    September 7, 2011 2:30am-3:00am EDT

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thirty am in moscow these here are t. headlines anger on austerity plans spills onto the streets of italy and spain with governments preparing to tighten belts even further to cause markets in say the faltering euro meanwhile switzerland stuns currency markets and i pegging it's a used to be a monetary safe haven to the euro. how these ten people were killed fifty injured in a bomb rise near the high court in new delhi india preliminary reports suggest the explosives were left in a suitcase near the building. a number of khadafi loyalists including his security
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chief flee libya for neighboring the shareware the whereabouts of the colonel himself remain unknown this is concerns grow over what kind of regime could be replacing him. and the central russian city of jaroslav turns into a global think tank is the world policy forum gets started there multiculturalism and global security on the table for the need. to in-depth look into the euro zone's debt troubles the interview coming. i'm joined by professor roland fallible of the university of mannheim in southwestern germany and he said to talk with us about the fate of the euro just a fabulous thank you very much for joining us well as expected to court didn't stop a second bailout and germany's participation in it but how do you think its decision may make future bailouts more difficult the complaint has been that.
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the bail out. is inconsistent with german actually or. because it's important and of commitment. in fact. it's limited to four but it may. and the second problem is that two of the democracy principle. has. not both absorbed the procedure it's. a general very detail. and the third problem is. the bail out which is likely to impair our the stability of the euro. because it. will lead to more and more government debt. and if the various member states
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increase their debt they. at the same time. are subject to a stronger and stronger incentive to inflate to inflate to get away like to support them. so they would exert pressure on the european central bank which they have done already last year and this year and the european central bank. the central bank l's. who of course want to be reappointed by their governments they're not so independent they want to be pointed they may give in to this pressure these are the sort of problems and how much does this undermine the integrity of feel. lighter consequences. this this these pay also not continue. it would be stopped and would see. the governments they also many people in the government
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so don't really like since the liberal party doesn't really like it but they feel they are too weak to stop it i'm. always. can use. this decision to. go for polls generous ok let's. let's go back to what started all of this and greece how strongly would you describe the anger being directed at greece now. in germany the anger is enormous. all. the majority of the people who have been called absolutely a great sense. of the economists or also even more so i would say. greece is really the boss of all because saw. the previous greek government has been very spendthrift has accumulated very large deficits and even before the
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financial crisis. greece has been a member state of the euro zone which has most frequently violated its stability and growth pact. so they really can say that they are a victim of some financial crisis. in fact it was not only the conservative government before this one but also the. socialist government before the conservatives called solids it's a real greek problem it's not a party problem. and to them we see that. the greeks are buying gold with the money they get from the bailout fund very unpopular and they are not really implementing the conditions. which had been attached to the credits. which is well known that tax morag
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is very poor in greece and saw the germans very upset about greece a much more wild goose on the board portugal and. some people started to comment that the markets are looking worryingly like they did before lehman brothers collapsed three years ago how serious is this financial crisis that we're in. i think the crisis is not serious it's not comparable to the number of us. lehman brothers panic was due to the fact that there was a medium sized bang bang which collapsed and people didn't go. any further banks would also be allowed to collapse and one of the money supply would contract as happened in the great depression saw was so there was a lot of uncertainty. since the financial crisis however we have.
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to support failing banks we have the experience that the governments have supported the failing banks and the money supply has not contracted and the monetary pace has also not contracted so that we have had the experience that the governments are. very well able to deal with the crisis but there is a growing chorus of voices that says if chris. manage its fiscal affairs populate it should suffer the damage what would be the consequences of such a decision would take a. deep. well if if the greek government default hopefully. some bearings many things would have losses that were tough right balance. the greek banks would not be able to stand before
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a lot of the greek governments we have had many sovereign debt crises in the last thirty years lots of countries have defaulted the government declares a moratorium on the government says we are unable to service our debt sorry and can we please have to go share sions with the banks and the other creditors and then that would be their cartel such as call. the banks have to swallow it if it's a bailout funds. go to increase to any more of them. than the before would be in evitable so they are really trying to postpone the inevitable and monetary union of the euro's been going for over a decade now how likely is it that by trying to resolve this crisis we bring forth the likelihood of a fiscal union it's never that. the fiscal union would weaken the independence of the central bank because if you have. an economic government
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as sarkozy says to film our economy. then you have a strong counterweight against the european central bank and they can put combine political pressure on the european central bank which is bad for all stability of the currency i want to go through this would be a very bearish on the other hand we need more fiscal discipline but the way to get the for. discipline is not a fiscal union in the world in the sense of for this economic government but to strict rules strict rules for deficits which. with with sanctions in case of fire and this was the original idea of sort of stability and growth pact this was excellent. so then the governments decided not to implement it this was simply solved. and what we really need now is revamping the stability and
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growth pact with automatic sanctions. this would require a change in the treaty. but since the government's one to change the treaty anyhow in order to allow bailouts they could do they have to say observers in the usa have been watching all of this with increasing consternation and they've been calling for more europe not less right know how like you say the united states i think this treasury. has two obvious interest first of all they don't want to support the banks again so they want to avoid losses for their bags so they like a bailout. secondly they want. a stimulus for the business cycle in america from abroad they are always willing to accept since the one nine hundred fifty s. we have that there so they're always clamoring for expansion policies abroad.
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but bailouts bailouts. prevent the greek government from being as restrictive you need to expenditure policy as it would have to be in the case of a default if you have a default you do not get any more money in the capital markets but what we are having now is this. still get money. from the other governments saw this system is better for the greek government then out by default and it would lead to. more government expenditure than to pay support with. some commentators have been saying that in the efforts to try and solve this crisis the likelihood of a united states of europe just being called is growing ever closer a fact did come about what do you think it would look like i think initially it
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would be. less centralized than the united states of america. or would be more like switzerland kind of. but we know from history that once you create a federal state. there are strong forces for. such as if. this has even been the case in switzerland or not in canada but that's a scary special. that's very special because in canada we have. a problem and so for beck which is quite powerful and good show. tries to prevent the centralization and maybe maybe britain maybe britain will will be with a quick pick up fuel. slowing the star bucks the question is of course whether britain. would want to remain in this type of federal state because of
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probable thank you very much for your time yet. culture is that so much of the taxpayers' money was is in a real strain is it time to write new missionary for the euro as the single currency reels from one crisis to the next europe's politicians appear to be powerless in the face of. a mission free credit patient free in-store charges free. range month free. free. free. download free bunches plug in video for your media projects a free media oh god r.t. dot com.
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anger at austerity plan spills onto the streets of italy and spain with their governments preparing to tighten belts even further to calm the markets and save the faltering euro meanwhile switzerland stuns currency markets by taking its franc that used to be a monetary safe haven to the euro currency. at least nine people killed forty five injured in a bomb blast near the high court in new delhi india preliminary reports suggest the explosives were left in a suitcase near the building. a number of could aafia loyalists including his security chief plead libya for neighboring you share with the whereabouts of the colonel himself still i know this is concerns grow over what kind of regime could
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eventually replace him. and a social russian city of jaroslav turns into a global think tank as the world policy forum kicks off there multiculturalism and global security the most pressing issues on the table and meeting. turning out of course with rome on closer of so this new yorker will tell you that september can be a rainy month and it looks like that bad may have a big effect on the u.s. open absolutely the cancellation the whole day nine it will probably affect players differently now some might say that all this extra time now on the other hand some might lose momentum now we are at the quarter final stage on the latest side where it's the russians are still in contention and i'll tell you who they are in just a moment stick around.
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well welcome to sport here in artsy come and see a live from moscow with me for a month cos there are plenty of stories all ahead but first the headlines. goalless roll rush up failed to beat carlin's in their all important year olds once its wealth qualifier here in moscow despite plenty of chances. flushed a new york the us open was halted at flushing meadows as the showers forced the organizers to cancel day nine of the grand slam event. and to clear skies in serbia russian parachute masters dominated the european freefall style and accuracy landing championships. and would start with football where euro twenty as well qualifiers were held across the continent on tuesday night russia missed a chance to extend their lead at the top of group b. as they were held to a frustrating goal is drilled by arlen's richard fleet has more. russia
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came into a clash a violent they were up inside but hadn't conceded a goal in the last six matches however the home team went out to run and andrea sharyn went close here only to get annoyed by smart's top one of his diskeeper shay given given who is dying for the match once again for the home team as he flung himself to his right to the eagle some show of a would have been his second goal in four days for his country however when the irish people is finally beaten he had richard dunne's a thing that makes a moot point because the count's men have a ball for some short. however they did on the most wanted field as if it was brilliantly solved on the line by the aston villa central a friend some have a visitors went into the half time break goalless by the russians playing thirteen shots on goal to islands one. russia continue to dominate after the resumption andrea shot in was once again excellent for the home side though he was house
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enormously on the r.h. defends his reluctance to closing down he also for defense and shot again however of thirty three year old elected to costa roman pavlyuchenko when trying to get a shot on target would surely have been a better option with time running out of the russians for everything at a resolute arash defense just two minutes from time concern seems the owner of thought he'd want to take up accounts men had given was once again in the right place at the right time to deny it is easy midfielder with his legs so russia had to settle for points because said his side's pull finishing robben island resolute defending was the main reason his team failed to get a much needed when. the score was all respect. that. even the first. the first and if you can do that because of
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two like aren't two crucial little confidence in excellent results or islands you stay well in contention to try and qualify well to magically for next year's european championships giovanni trapattoni was full of praise for his side the priest with your own determination their appreciation of the players especially the senior players were given were getting it was actually this gave the younger members of our squad so much inspiration this opens get what i believe is a golden point so russia me so go to opportunity to extend their lead of a top of group b. until now to face a crucial encounter in brussels next. richard we don't see moscow. groupies other clashes slovakia and missed a chance to join russia at the summit as they were thrashed by armenia four nil at home in jena with old goals in the second half and message donia rock bottom and door at home one nil let's bring up those that is now russia are insult with
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seventeen points despite the fact that they've seen have been for less into home games parlance are behind and will go to the bottom three months or a for their next match our media are third at this point and will place macedonia next while slovakia are in fourth needing a win in their next home encounter against the leaders of russia. that set is now and the us open which has been halted the radio weather in new york several matches were scheduled to choose they including the remaining men's fourth round clash just be touring rafael nadal and adam marion two women's quarterfinals where russia's. would have been up against australia's samantha stosur the organizers were scheduled for wednesday but again it will all be up to the weather as showers continue in new york so let's take a look at who made it into the next round before it's. started raining over there in new york two russian ladies are in the quarter final stage however their plan includes not so but is not one of them as she was not south by world number one
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carolyn was now a key reason it's all they had looked to be in control midway through the match a set up and leading one in the second but was now key is in the world number one for nothing but dane who had suffered back to back opening rounds of peace in toronto and cincinnati right before this event stormed back in the second to take it seventy five and then left her opponent no chance played in the decider six one and the match. the winner was pretty strong out there so it came from and just went to one side. yeah i mean for months i really had to get through the ball. and from the size you had to i shall not to play city but. it was a tough mindset. yeah we've had a few of those before so here two years ago. moving out of the qualifiers from russia malware on us to see a public cenk about so-called francesca schiavone in the last sixteen the russian
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lost a they've got in their own in their previous three grand slam meetings but the twenty year old improved on that record by winning five seven six three six four so it's not all and public chantal are now the sole russian ladies with a chance to take the title at flushing meadows. let's move on so i saw canal and some exciting news for young european players the kontinental hockey league is already a well recognized brand name among fans of the sports its latest project the n.h.l. was founded in two thousand and nine and is already becoming a major ice hockey league for junior players in europe at inception it consisted of only twenty it's it seems from russia now the following year the number of teams drew said to ninety nine and twelve from latvia and villa roos were added as well that's why it's the eleven season that will see fifty sides from six countries compete for the title majority of the sides are still from russia however the league is growing for be on the country's borders into slovakia latvia lithuania
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deloris and paddocks done the m.h.l. will now be divided into two groups with thirty two teams competing for the harlem of trophy in group a while group b. will house eighteen or lower ranked clubs where the best two teams will be promoted to the top flight the following season the main objective of this league is to offer players a chance to grow as athletes without leaving their countries as nearly fifteen hundred youngsters will play in the n.h.l. next season. due. to competition is key for young players school perfection the junior hockey league has been developing dynamically and strictly in accordance with the task said by its founders one of which was to create the strongest youth a leak in the world if we achieve that it will decrease the outflow off young promising tournaments. and quantity whatever goes up must come down and these guys make a living out of it so the russian parachute masters recently dominated the european
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free for free fall file and accuracy landing championships in serbia it wasn't worth a look at the trials and tribulations faced by the bells high flying and fast landing competitors. ascending to cruising altitude of one thousand meters is followed by a swift freefall back down with virtually no margin of error the competitors are expected to land on a dime with a dead center sweet spot only two centimeters in diameter and while such consistent precision landings may seem far fetched to the uninitiated they're considered to be the fundamentals of the sport. every athlete must always learn the basics of best school before going any further calculating your jump is the most fundamental aspect of parachute sports and safety that's why i believe all youngsters should start with the classic parachuting discipline we call kids coming in at sixteen years old some of who go on to become junior world champions by twenty. the
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individual acrobatics program meanwhile requires one to twist and turn in the air at an alarming rate and simply execute the flashing chris movements is not enough either. the judges getting the opposite of bird's eye view for this event to see if participants can keep a straight of the trajectories possible while they perform the flips and like in every sport be a successful high flying here devil requires a specific skill set and personality profile. to size being brave i believe anyone pretty spotty in the sport must be physically developed and have coordination. will definitely help for insurance while playing billiards will help one make more precise landing calculations russian women proving to be the bravest in serbia taking the overall honors and dominating bashan. the checks showed just a little bit more savvy than the russians in the men's event all could win gold
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frenchwoman deborah pledge her own meanwhile said the world record for her lending precision six consecutive landings just one centimeter off putting her exactly where she wanted to be every time a total of seventeen countries taking to the skies for russia's main pray shooting their hopes for more local support in getting high prove. humans have always had dreams of reaching for the skies implying we created planes and rockets and the school that we have today is another manifestation of not designed to fly. government will notice and help our efforts allowing us to raise our level of performance. and while the more grounded sports seem to get more exposure these daredevils are hoping this competition continues to take off in russia and worldwide event sikorsky party. i'll be back with another update in a couple of hours meanwhile our youtube channel is available at any time look for our team sport news you like it season. hungry for the full story
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