maybe he was intimidated to sell the best that's on. and talk to a former british government minister who explains the origin of europe's debt crisis that interview is up next. i'm joined by lord hesketh a former cabinet minister in both margaret thatcher's and all mages governments and he's just become the most high profile defector from david cameron's conservative party joining you keep the u.k. independence party lot has thanks speaking to r.t. now you've been a member of the tory party although i don't live why jump ship now well it's been a long process. i think the simple summation is this. every government. that we have had with the exception of margaret. has

a central day allowed itself to be bamboozled by the civil service. into avoiding having a serious discussion with the europeans about sorting out the problem and i'm afraid that it's not happening with this government there's no point listening to a lot of people telling what they believe when they fail to carried out in government and being the party which actually recognizes that you cannot deal with the europeans the europeans have no desire to negotiate. europe all the is a new kind of religion. it is run by people who pay follow taxes than anyone else in europe and have their children educated charging a surplus of about fourteen private schools from brussels and the european parliament would most the members of paid about three or four times as much money as they would have run in any other trouble your i might have to do in life and the

system is essential to corrupt and his unchangeable therefore i'm drawn to politics which believes in two things one is telling people the truth and sticking with it when we achieve office would eventually we will because the public are ups absolutely fed up to the back teeth with mainstream politicians thing. happened is hopes and promises and delivering absolutely nothing but the opposite david cameron has said that they will be a referendum on on principle in the e.u. and he wants three patrick powers to britain don't believe him and you know think he treats his word well he's already lied once which was over promising a referendum. to the election and then saying oh well because there's been seen been signed it doesn't make any sense to them or will fact matters i don't believe it and the second thing is the europeans who are much more dangerous than any british politician have already stated that we will not have

a power of veto over the so. core financial transaction tax which we will pay eighty percent of the entire european collection by forty billion out of the fifty because it will put hundreds put through under v.a.g. regulations so. as always westminster talks a big game but is not capable of delivering it why is it so important to have the referendum now do you not believe cameron when he says it's not the right time we need to help the team this is absolutely the time to help the way that you help the is you recognize it for what it is which is an organization that has no interest in assisting this country whatsoever so if we're going to help them so exactly the same with selling a car this is exactly the same as something a loaf of bread do you wait to the other side has the advantage over you or tincture we've got of them in a situation where they've got a problem we've got

a problem that is together get rid of both problems but for us to talk as if we will get any credit. from europe for actually helping them out of this crisis using the british taxpayers money i mean come on really a combination of united states united kingdom and russia bailed out europe in world war two and i don't see many tanks being handed around to either of those three parties so i have absolutely no confidence whatsoever that there is any alternative but to have a referendum as soon as possible. but if we do have that and we do leave when the crisis continues to rumble on and gets worse well in our common we suffer as well well that of course is one of the great lies that is given i mean the reality is this the figures for exports they stay all well eighty percent of british exports go to europe well actually that seems to imply that every rose forest area engine

many of which are for instance food on air a flawed. to lose and remain within the european union that's complete nonsense and the windows on those aircraft are all made in the united kingdom do they all made in europe they go to russia they go to asia they go to south america they go to north america they go all over the place and so that number itself is a sort of typical euros lie the second issue and it's an even more important is that if the germans say well you know we don't care we're going to. squeeze you boys out of the market and we're going to build on terrorists they export fifty one billion per round more to you from europe into the u.k. than the other way around but we have a very viable industry here we've got we've got a fantastic car industry and if the george wallace falls through the roof people

refuse switching straight out of a mercedes benz b.m.w. or whatever i'm buying jagger's discoveries range rovers. you name it toyotas made in darby so i think this is what this is so it's a sort of rather pathetic threat the troops victory manufactured by a combination of the liberal party of the people you see on the grounds that neither of those two groups have any experience of the real world the bailout has been a green with the extra firepower and the banks agreeing to heart of greece's debt is this really the shot the needs or is it just another band aid that's about it. it's a band-aid because the real numbers three trillion maybe four trillion and secondly . the markets are looking forward detail and there is no detail that never has been any detail there was no detail in july there was no detail last year

and there will be no details this time and this deal will fall apart and the markets will make that happen because the markets don't like being lied to and as you're as usual they are being lied to let's just say what if it does work ok what if he recovers and britain's not part of it when if they leak one of what we stand to lose i know we stand to lose and the like as far as the rest of the european stands who's they run a huge trade surplus with us so they're going to be the losers there's no particular i mean the europeans i mean the german army let's take german oliver it's on the german army consumes more beer in afghanistan than it does aviation fuel i mean there are some there are some pretty fundamental problems in europe. in terms of what they're actually capable of doing and delivering i mean today we have the last sort of great lies right now has which is if we don't all agree to this

magnificent suffer want it's good to be wall so is this the beginning of the end when he saves the e.u. i deduce i'm going to the end of the tall i think it may be the beginning of a new beginning which will be based on facts rather than fiction because the problem at the moment is the e.u. is based on fiction because it doesn't have political realities the whole problem of this crisis it was created by the europeans themselves because who could not have a single currency without a political union they knew they couldn't get away of the political union so they disappeared to the equivalent of las vegas and signed up to a new maybe a proposition which is to have a unified currency with no unified policies result says you have a situation and you want to take forget trillions forget billions forget hundreds of millions look at reality if you want to have a cup of coffee in central paris one of the most expensive places in the world because the same as going to. increase but if you're going to get rid

of unemployment in greece you're going to have to get the price down and it's almost everything is priced in euro's that will never be possible to have their whole best chain if i was agree i would be down to get a graph. to get out of this because what happens there still in the euro zone so that french banks take a hack. but they're still stuck with the euro and of course everyone prices you see to give you an example before the euro zone and a car manufacturer in europe would have a different pricing structure for cars were sold in greece or cars sold in turkey calls or sold in italy southern italy in northern little there the u.k. parts of southern england northern england and wales where up because the markets would take the what the was the level of individual pricing now the moment

the euro zone came in and the single market came in what then happened was you couldn't actually do that had it all so the result was that there was an automatic splosion of inflation particular in a country like greece which produces practically nothing domestically in the capital goods market so the result was that the costs went up on a progressively higher scale than elsewhere and that's why northern europe have been the winner writes the euro zone and the southern europe has been basically impoverished by. thank you thank you very much. closer. to the. technological breakthroughs save human lives.

our team goes to the sea. ways to protect. their. place local cuisine. for future developments depends on the way. russia's black sea coast should close up on hard. british. markets. find out what's really happening to the global economy with. global financial headlines kaiser reports.

mission. cretaceous three. three arrangements three. three. three.

three blog video for your media. free media. tom. absolutely zero an r.t.o.

russia sounds the alarm over saying it could soon bomb iran's nuclear facilities moscow's warning any such move would be a serious mistake with grave and unpredictable consequences. after nato spied for democracy in libya the country's new chopper showing a surge and radical islam with strict sharia law and al qaeda flags in evidence there but washington seems unconcerned about what's next now. and two russian tycoon titans are slugging it out over six and a half billion dollars and their reputations in london's high court business best buddies wants the cash for chelsea football club owner. claiming he was intimidated into selling investments on the cheap. more news in about fifteen minutes but first the sports with dimitri.

you know they're welcome to their sports team thanks for joining us this coming up in the bulls. net gain heartbreak for russia in the doubles match as the czech republic with its first ever fed cup title since getting independence. chinese. in following a comprehensive win of an american in the women's final. go for the first phase of the longest ever russian football championship is over you'll see all nineteen on the back of the match during game week thirty. finished the first phase of the longest russian premier league season on top that one will draw on the visitors took the late midway through the. cold so this

excellent strike by a good denise of the russian international scoring pace was goal of the season leaving big keep absolutes and no chance the bottom proved in the second half and went close to equal icing from a free kick off to the stuff well they made a mess of this long range fault the home side on six to six minutes from the sport to bring all this in the area. who made no mistake in restoring parity and school hateful to. season for the ivory coast forwards. and did their regular season campaign a high. side took the lead i saw thanks to efforts from. they would double the lead just three minutes after the break hearts are out. score enough to call or. pull one back in the dying minutes of gagne to

college gave them hope but that was it for the term side so to one finish their. first win six games as they beat former champions rubin one shot for taking the lead thirty minutes into the game as the bailiff pounced after sergei failed to hold it short with the clock ticking away with pushed his men forward in search of michael christian noble two good chances on his side a single point but on both occasions people go for speckled to the toss to finish one knew that. meanwhile in the late game the committee held second place start to draw a strike from the sloughing not if and eleven when it got the home crowd fired up but then it's no excuse man levelled matches in the second half sage and b. are saving the day for once again with

a sixty fourth minute strike one of the final school days in it say top of the league with a start in second the railway men out points with four placed spots on most. of the time in the spanish christian rinaldo has become the first player in las vegas history to score for tricks during the first eleven game weights they took blood goalscorer celebrated his golden boot award just two days ago with another impressive performance this time it was the turn of a sunni to taste the talents of the portuguese striker were all just called the season's fourth truth in style making a major contribution to rouse convincing seven one victory and thanks to the slowness failure on school athletic on the same day just emery in his main goal three points clear at the top of the table. in tennis the czech republic warmly. after beating russia in a fascinating final in moscow. went to the source of. the.

pan back to. the freesat. straits to make it. match saw the past experience. and. down brush. and they would. retreat to bring the facts to the czech republic for the first time since the contra going into independence in form should be confident long before the final vote on the way . when we. called. we have to win here. i mean i thought it. and the final. the final so i think. it's true i

didn't three many tournaments. being reason to night. aggressively on game. we were unlucky to lose. but moved to. the turn to live a new york marathon in style and in record time the winner of this year's boston marathon as well finished in time and six seconds beating the previous mark by more than two minutes. and. second and third respectively hossa breaking the record with thirty year old. hundred thousand dollars for his triumph and was also handed a bonus of half a million from ages. because even though it was not recover and i are my people with that level and i know one

day or maybe another coming years maybe i can come to to do something but even. because. it was dark but they were going to so good so i. tried to maintain myself to prove my. daughter won the women's race in dramatic style personal best of twenty three minutes and fifteen seconds was just enough to claim the top sports i said to big contenders. and kelly marie could turn a cross the finish line on the seconds behind her its one hundred seventy thousand dollars that takes home from new york. in the world of engines tony stewart has claimed his second straight victory in the nascar texas five hundred race fortunately there were no big question is during the event this time just some

minor incidents which didn't really does other drivers burton has a five second lead late in the race with and edwards running second and third then with faller to go through took the lead when bolton southerly ran out of fuel eventually when it finished just ahead of edwards to cut the deficit from eight points in the chase for the sprint cup with only two races remaining. in beach volleyball chain. of china have won the target open the concluding round of the fifteen event twenty seven women's tour that defeated the americans of jennifer kesse and april ross in the gold medal game the chinese ladies needed for two minutes to wrap up a straight sets victory the defending champions claimed the first set twenty one sixteen and they were even better in the second to take it twenty one fourteen two winning pairs shared with thirty thousand dollars first prize this was

a knife victory of the world and their career for their second of the year. and finally a bit more football here all night in shorts that thundered past the capers during game week thirty which concluded the russian premier league's first face so sit back and enjoy the pick of the action in the traditional school edition. live. live. live. live. live.

live live. live

. think i. think of. great stuff indeed that's all from ethanol and in the oil will behave. with more weather is next. issue is that so much a lot of people. tend to. think amicable divorce for well over

a generation of voters and consumers around the world were told that democracy and capitalism.

the official. giuliani phone the i pod touch from the. video on demand. and omissions feeds now with the palm of your. machine on the.

top stories on our t.v. no war in the middle east russia sounds the alarm over israel saying it could soon bomb iran's nuclear facilities moscow's warning of a dangerous world consequences. from rebels to radicals to live is a new chapter seems a surge of extreme islam after nato spied for democracy but washington seems unconcerned about what's next now that gadhafi is gone. and the two russian tycoon tiding slug it out over six and a half billion dollars and their reputations are two reports of the high cost drama playing out at london's high court. and after almost two decades of talk russia might finally become a w t o member this week the details of what it would mean for the russian economy want the business bulletin play and sound.