today we're talking to f.o. him and all the author of several books among them gods of money wall street and the death of american century and he is also a political risk consultant so we're going to discuss several more several of the most burning out political and economic issues in the world today mr engel thank you very much for joining us to be here to start off basically a never never before has the world faced so many economic and political problems all at the same time would you say that these conflicts which we're seeing today in terms of here in the dollar situation and what's happening in northern africa and in the middle east do these conflicts trade off each other are they somehow related or not particularly what i see in all these conflicts the decision to bomb libya the crisis with the dollar the crisis with the american economy and the conduct of american foreign policy in the last period is all part of

a breakdown of the entire super power structure that was built up after being under the world war two and nobody in washington wants to admit just as nobody in britain a hundred years ago wanted to admit that the british empire was in terminal decline all of this is related to the attempt to keep this sole superpower not only intact but to spread its influence over the rest of the planet and that. not surprisingly much of the world is not too eager to see that so when you say that what's happening in the middle in the middle east or northern africa right now is basically an attempt on behalf of the united states to keep its came up very much so the. plan was first announced by george w. bush when he was president just after the invasion of iraq in two thousand and three at a g eight meeting and it was called the greater middle east project and that project they they published

a map of what they had in mind was the control and the. democratization as they call it of the entire islamic world from afghanistan pakistan down through iran syria the persian gulf area the oil producing states there and across north africa all the way to morocco and the events the so-called arab spring had been planned years back and the instigators of those so-called spontaneous protests these twitter revolts in cairo and tunisia and so forth over the last months have all been. organized seducing some of the people leaders of the protests have been trained in belgrade in serbia by old poor activists financed by the u.s. state department. this thing has state department and u.s. intelligence all over it. and why why are they doing this well two things in my

view one. there is vast wealth in the hands of the leading circles in the arab world vast wealth sovereign wealth funds of countries like kuwait. and other countries but also just the resources and one of the agendas is to introduce as was done in the soviet union after nine hundred ninety one with the collapse of the soviet union the agenda of i.m.f. privatization free market economy and so forth so that western banks and financial agencies and corporations could come in and take the plunder the second agenda is militarily in places such as libya or south sudan the so-called republic of south sudan to militarize those oil sources that are directly strategic to china's future economic growth so this is all about controlling eurasia something's a big numbers and so he talked about it back in one thousand nine hundred seven in

his famous book the grand chess game. and controlling especially russia and china and any potential cohesion of the eurasian countries economically and politically but as a result of that they are in the so-called arab spring what can we honestly say that middle east and. northern african countries which have gone through with the changes have they really become more democratic gyptian tunisian friends of mine say that it's just the opposite the economy is in far worse shape libya had the highest living standard in all of africa before the bombing of nato today the country is in ruins because of those bombings not because of could offer. the economy of egypt is in dire straits the military remains in control they were in the military high command of egypt was sitting in the pentagon when the revolts kicked off and waited for a signal from the pentagon when to return and take control of those events so while

the instigators of the conflicts will turn or seem to be you know the united states and maybe some of the european powers that you know look at libya will they be able to restore normality in these countries or is it not even in their interest i don't think they give a moment's thought to normality or normalization i think what their concern is especially the pentagon is military control the next step will be in this so-called transitional national council in libya is to have that puppet government give the permanent basing rights inside libya something they never had before under gadhafi sudan some of the things defenseless unless they have nato forces in there the african is coordinating this the pentagon's africa command which is. interesting enough created just after china's two thousand and six africa diplomacy were forty heads of african nations were invited to beijing and enormous deals were signed with the chinese companies for oil exploration to build hospitals give soft loans

everything the i.m.f. didn't do in africa in the last thirty years the chinese begin doing and that had enormous results for china i know that you have a very interesting opinion of this who would you say pace towards that ways by the united states well you have to go back to the role in the last twenty or thirty years actually began in the eighty's with the role of the dollar as world reserve currency and china has an enormous trade surplus wal-mart is essentially an outpost of chinese manufacturing in america today so the three hundred billion plus surplus dollars that the central bank of china masses every year what do you do with that well there's few markets big enough to invest in a supposedly big could buy gold for their central bank reserves which they are doing by the way but the only place they can invest it as they see it right now or until very recently is either in dollars or in the euro they've got something like

three trillion dollars of u.s. dollar treasury bonds or bills as their reserves today so in effect. the u.s. would not be able to finance the deficit that they're running. to wage those wars in afghanistan or wage those wars in iraq or in libya unless the chinese were buying u.s. treasury bonds so ironically the chinese are financing wars directly directed against chinese national interest for energy security or would you say that the united states is going to has any chance of resurfacing from the crisis that it's finding itself in right now the only way as they see it they can they can survive and keep the dollars there instrument wall street i'm talking about is the gods of money and so i call it in my book. is to find new areas of loot so the arab spring is directed against grabbing and privatizing the vast wealth of the arab oil world and the arab world generally just as the use of the i.m.f.

in the former soviet union was consciously designed by wall street and by washington in order to plunder the vast resources of russia and the former soviet union and warsaw pact countries so if the dollar does not retain its superior status do you think there's any likelihood that the euro will retain it or inherit it rather well one reason that there's this difficulty with greece and these so-called euro zone weaker economies is that this is part of a kind of a covert financial warfare between the dollar and the euro was a reserve currency it started when the chinese started complaining publicly about the. flawed economic policy of of washington running up deficits and endangering the value of chinese treasury bonds so now. just when that became public. suddenly there was a greek crisis and the greek crisis was put in place in two thousand and two before greece under the euro zone by none other than goldman sachs the most powerful bank

in america arguably today politically well connected in washington so. it's very. clear if you follow the money trail that that the greek crisis was programmed to be detonated at command by wall street and the us treasury as well as the federal reserve in order to defend the reserve currency role of the us dollar but i don't see the european economies endangered as the us because one great difference europe still produces things europe still has a real industry which you believe that from going back till at the beginning of our interview we believe that there are some european countries that benefit from the situation and having say in libya right now like france well i was just going to say sarkozy had a meeting in march when the whole drama in libya kicked off he invited leaders of the so-called transitional national council to paris and made them whispered sweet

nothings in their ears about having control of the oil resources of eastern libya and poured money weapons the cia and the french intelligence have been pouring arms into these insurgent groups inside libya this is an armed insurrection financed by nato countries and libya it's an old peaceful twitter revolution of a bunch of kids who have a dream of american style democracy of something this is raw power grab by the french but what do you predict or in european what do you think will happen in the be a now i mean that the nato troops will have to pull out at some point and then what well will be. i imagine in iraq like scenario or afghanistan what do you have in afghanistan you have seventeen permanent u.s. military bases in afghanistan most of them air bases who are not bombing the taliban and they're preparing for a coming war and perhaps ten years with china or maybe with russia they've got a military bastion in the heart of central asia that's something that they never

had during the cold war. so i think libya is destined for a similar treatment what role do you think process it playing in the in the events which are unraveling right now i think russia given the history going back more than more than the cold war europe. russia can play a very stabilizing role as a as a counter force to this highly dangerous strategy of the greater middle east project of nato in the us in that region russia can play a very important role blocking. someone toward events from the side of the un security council in syria i don't think china would agree you see do with it would be a case to the un action sanctions action in syria but in more ways than that russia could play a very constructive role i think in the region to try to counter this destabilization i would hope they do. thank you very much for your time.

to those who are fascinated with history. to those who have a sweet tooth. to those who can't live without discomfort. and of course to the nature. this magnificent land offers its treasures. between you and the sky. down the official on t.v. . i pod touch from the saps to switch on lights on the go. see video on demand. for money fuel costs and r.s.s.

feeds now with the pump. your. question on the ati dot com. the headlines on r.t. and u.s. vs unesco washington funding to the u.n. cultural body after

a granted on historic membership to palestine. the f.b.i. joins the halloween celebrations by sharing its own story releasing surveillance footage starring anna chapman and other alleged russian spies. pending action the international community pushes syria's president to. the arab league to end the bloodshed and start talks with the opposition. the sports with dmitri. this is the sports team out to consider good to the company again this. champions league zinni take on shocked or at home tonight knowing victory would propel them top of group g. . capital gains. title credentials this

season but that. victory in four games at the expense of. course. and goals with a recap all that made the difference in the plan to move week all the first have a stage of the longest season in the russian. and of course was. preparing to kick off game week four in the champions league match seeing which on a split is men and to attain ukrainian outfits. the russian champions have been riding high in the competition today already with three more points at this same stage than in their previous european campaign two years ago victor. paul two at the end of september and no alex architect of though this evening the russian it's a national strike a road out with an injury. chapter meanwhile will travel in the back of an away

when late is the mastic showcase alexandria the free to resell putting nets side within a point of view it is dilemma cave action gets underway in full to fart central european time. group in its group porto will aim to get back to winning ways when they travel to surprise table talk of cyprus milan and boss known i'm in while will have a supremacy on their minds when they take on and will send respectively the european giants joint top of the standings get sent. over in group a gang will be out for revenge against chelsea the belgians going down five me last time out against the blues but i have seen from. the roofs are it's home to an impact course took place arsenal versus second seated must say is the pick of the group fixtures . the russian press is reporting that football is one be showing up to their

tuesday training session the players in the club which salary and bonuses dating back to last year. and will have a chance to fight for premier league survival as a long russian season splits the. teams into eight great sides recently lost in it with captain anton hinting that the true reason for the fate lies behind the scenes similar situation is brewing second division side f.c. nizhny novgorod paid players threatening to boycott matches in november i know where hopes of a first. have improved somewhat the muscovites pitting one of the league's strongest in the metal looking to go here in russia get put up of now reports. to scott have won just two matches out of eight against me when you go ask in the

cage shell and only once on home ice this time the helm side produced an electric start in the search for a third wind discuss striking first as which is off to women put the red and blues ahead just two minutes seemed a minute and a half later to discuss top scorer sergei shock of double delete forcing men told to swap goaltenders by discouraging start for the visitors and the same confused and the house left for the intermission really comfortable to nothing lead up to some probable had dry treatment from still makers head coach father can write a can quit trying to get back into the game but it was sisko who increased their lead with a power play goal nicholas person was the first in that amount of the showing of powerful slap shot to make it a three goal game with four minutes to go in the second however i mean managed to pull one back early in the decisive period as i send them back home on the counter-attack to make it three one but four minutes later to sky regain their

three goal lead balloon in pasta beatrice love the rough chico and the twenty four year old defender made it four one four minutes before the final buzzer melts and we are releasing the ribeye of the intrigue cutting the deficit to two goals in a power play and the visitors put everything on the line and pulled a goalie for next to play but failed to capitalize on their chances as serious cause aristos laughs daniel was confident between the pipes short to the final score yep and two games in are all four out so when we got the two zero lead we knew what happened the last game they died it's or we didn't want to happen again and. we battle hard and in the second period we really got lucky will be there because they really pressure us and we scored a third goal in powerplay so i think that was the point for the game we came our hard. wired to where we are and were successful with. a couple of shots then a star there. managed to get the ball first of all the second all this got coined

one line up and now seed fifth in the western conference well last season's going cup semifinalists made old continue their relatively poor before lunch and stay fief in the complain but out of r t. graham henry has stood down as head coach of the new zealand rugby team this sixty five year old manager living on a handout after sailing his country's second world cup triumph last month against france remember had managed the all blacks for seven seasons. i'm stepping down from coach . i have had enough. i've been involved out of three test matches who will be extra hundred forty in total it's been a privilege to be involved with the all blacks. a real privilege norma's privilege i am very proud of what they have done over the last eight years of certainly added to the legacy of rugby. and that's very important to this team.

it's not certain that russia's first ever formula one member tell it will be with lotus renault next season the driver is said to be replaced by romano shan for the circuit sessions at this season's final race in brazil g.p. two champ and john will also get to write instead of petrov stablemate tonight senate at the penultimate event petain has struggled this year with patrols third place finish of the opening race in melbourne far and away the best result twenty seven year old patrol finished eleventh this past weekend at indian grand prix was criticised by his own team for quote and wide performance. now finally not a single game ended goalless this week in the russian thermally as the size prepared to split into two groups of eight for the second half of the longest ever domestic season so let's get a recap of all twenty two strikes that found the back of the net during the

penultimate round it's time. alan. alan. alan. oh. oh. oh. oh. oh.

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. this. past summer the. ok out to death no more sports news from around the globe put into law as time hannah buffalo.

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wealthy british style the sun. is not on. the. market

why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on our. morning news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. china operations are today. the international community pushes syria's president. to end the bloodshed and

start with the. u.s. unesco. funding to the u.n. cultural body after it granted historic membership to palestine. the f.b.i. joins the halloween celebration. releasing surveillance footage starring chapman and other alleged russian spies. and global markets plunge into another round of. greece's prime minister george a. referendum on. the country's war and this coming up in our business. it is now a just after five pm here in moscow. life with. all eyes are on.