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tv   [untitled]    December 7, 2011 11:30am-12:00pm EST

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hello it's eight thirty pm but wednesday night here in moscow it's kevin i would hear it r t tonight at our top stories mixed reactions over the election supporters and opponents of the winning united russia party continue their rallies three days after russia's parliamentary poll the opposition claims there were irregularities in the voting process after the ruling party secured nearly fifty percent of the ballot. paper moscow's responded to washington severe criticism of the poll foreign minister sergei lavrov the coup is his counterpart hillary clinton of using
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a platform at a meeting of the o.e.c.d. score political points at home instead of taking washington's grievances straight to the kremlin. and a last ditch attempt to save the euro is germany and france pushing for a change to e.u. treaties and it's sparking fears that brussels could strip away further the sovereignty of member states. so as europe's leaders roll up the sleeves then i'm prepared to slug it out the euro is very survival. from a lawmaker in the blocks chief paymaster german parliamentarian frank schaefer now explains why piling new debts on top of old ones could only ever lead to a collapse. skies over the european economy continuing to darken how real is the threat of the collapse of the euro zone to try to find an answer to this and some other questions now joined by and them off the german parliament from the free democratic party
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frank schaeffer and mr scheffer thank you very much for joining me and first of all how would you agree that the efforts by merkel and sarkozy to save the eurozone and are heading in the right direction now i know it's a project that's been designed by those at the top of the european union needs the steps that would bolster the market economy and that would be adjusted so that it could fit into the market economy according to the rules of the market economy if you decide to take on the risks you have to bear the responsibility for these risks the projects that are enforced from the top will not be able to operate under such conditions such projects should work from the bottom up. bureaucrats and their allies in national governments want to see more fiscal control over national governments more control over their budgets also how much central does the european union meeting in your opinion the european union does not need more
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centralization excessive centralization has actually been the key problem and the reason that we are facing the current crisis the euro has been a project of the planning economy developed and been forced from the top the members that have become part of the eurozone project are very much different from one another and cannot provide a common homogenous currency space that's what has become so obvious under the present situation now they want to resolve the problem by introducing more centralization while centralization is the root cause of the problem the economy speaks for itself the capital flight is enormous and some analysts say that the situation resembles that in the us before. the crash of brothers how real is the threat of the collapse of the yours are now. the threat of a complete collapse of the eurozone is a means that is used by the european states and the banks to blackmail european taxpayers if this pressure is not resisted then the so-called rescue umbrella will
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have to be extended over and over but every umbrella has its limits of course if greece had announced a default on its debts it would have also had negative consequences for the other european states but no country in the european union will be able to go on without tough reforms there must be pressure on the states to conduct these reforms but it can only be possible when risks and responsibility come together so that the countries living beyond their means realize it and do something about it. ensuring . that those countries in a stronger economic position have to pay for the trouble was is this the correct price to solve the problem. no i don't consider this to be a reasonable way to solve the problem i'd like to emphasize once again risks and responsibilities should be indivisible and no additional loans or additional investments can solve the problem but it's not possible to repay old debts while making more new debts the crucial moment here is for every country to do their own
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homework in other words for every country to take full responsibility for its own economy it was captured in the agreement framework of both the european union and the eurozone but the currently pursued policy is such that it is at all with these agreements it destroys the european union it erodes its common values as well as destroying the common monetary and economic space this leads to the domino effect as we see more and more countries trying to hide from solving their own problems under the umbrella of bailout commissioners. what you think it's fair to say that this euro bonds mechanism can actually create more financial problems for the healthiest european economies. yes these are dangerous measures and they're quite dangerous for stable economies as well and it's especially clear today if we consider the example of france which is paying off dangerously high interest on its national debt and runs the risk of losing its aaa status. is also facing the same
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prospect and if france were to lose its aaa status the entire bailout package for the euro zone would be placed at risk as it could become untenable it's a well known fact that the euro zone's bailout package or umbrella relies on the economies of six states finland the netherlands luxembourg austria germany and france and says austria and france's economies are no at risk we can say that the currently implemented measures really are not working ones are based on the principle of mutual guarantees which can actually create a system similar to the one. when the global economic crisis actually started in two thousand and eight i think it's fair to say that putting off the crash of the system through euro bonds and other financial stabilization mechanism can actually make the situation even worse in the end yeah. that's exactly what i think all
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these bailout measures only add fuel to the flames and only make the situation in europe worse such countries as greece portugal and possibly even ireland will not be able to emerge victorious from the current crisis they won't be able to recover the only measure that can you help is cutting heavily on state expenditure and other measures are only an attempt to delay the disaster with time whereas time is a luxury we don't have mr schaeffer you have proposed about feeling banks should not receive any go out at all what what could be the consequences of. the collapse of the euro zone at the carling. i think. has its repercussions no doubt but let me say again that piling new debts on top of old ones will only make matters worse and ultimately lead to the euro zone's collapse i don't think the beer is only going to survive in its current form it will very
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likely have to change somehow if we look at the way commies are currently developing we can see that they're going in a very different ways greece's economy is shrinking it has shrunk by five percent on the other hand germany and a number of the other countries are growing albeit at a slow rate this gap is only going to grow what we need now and mechanisms for quick and organized secession from the euro zone to enable countries like greece to pull out of the union sort out their economy and then your worst debts to cut government spending and improve their economic standing it's very hard for me to predict how the situation might develop even more so the consequences of those developments as i said i don't think the eurozone will collapse completely it's much more likely that we will see some of its members perhaps a large number of its members secede from the e.u. i cannot see you know secession is causing any repercussions on a global scale perhaps they'll put pressure on other countries with bad economies and force their governments to start reforms i think they're the problem we see in
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the euro zone one of excessive government debt has affected all of the world's economies today look at russia the u.s. japan and they're all worried about their colossal debt. what is your forecast for the italian crisis do you think that you know we should also consider moving back national currency i. do not think italy would pull out of the euro zone italy needs a fish and reforms to revitalize its economy and allow us to maintain a strong italian economy in the euro zone what the country needs most now is the trust of its own people over fifty percent of the bonds issued by. the italian government are in the hands of the people the government will have to prove to its people that its capable of paying its debts. and finally saving the european union has become some sort of. european elite. like i've already said
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saving the euro as a project imposed from the top down based on overrating the notion of european unity after all europe is not merely the seventeen states that formed the euro zone it's not even the twenty seven member states of the european union in fact europe comprises some fifteen nations and by the way that includes russia which is also part of europe with that in mind i believe it was the elites headquartered in brussels that promoted this project from the top aiming to drive europe into a new form of centralism and i think it's wrong in my mind europe's advantage is exactly it's inclusiveness and its diversity and forms of different cultures languages mentalities and people it comprises and imposing uniformity and looks like a mistake to me this notion probably stems from the so-called brussels centralism mindset which has been put in practice by the french it's very dangerous and completely unnecessary. mr scheffler thank you very much for your time thank you.
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i. completely and hope for many years in the soviet system has faded away in less than twenty four hours as bell of this kind of push up coupled with below we acted in a true russian style we didn't know exactly what the future would bring that were to think about later srini does come together and sign an agreement dissolving the u.s.s.r. for good or to get rid of the so called big brother that was always controlling them was the dream of many republics for. her but in the eyes of the people they put it like this i will liberate you from the kremlin oppression no one wants to take the blame because we would not be able to persuade gorbachev and besides she's
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worried could not be relied upon. he could tell you anything and do something completely different i can't forgive myself for being too liberal and in the sand boris yeltsin before i should have that was my mistake. this is the decisive in strict boris yeltsin that sucks in the kremlin instead of good stuff at the time. you know i don't think we have left elevator forest soaries or. two decades have passed but the discussion still rages was this a plot for a fait accompli. oh i see. it's all designed to keep you close in your. world as
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a prison. you know you leave somebody in there for a couple hours like that in a stress positions. you have this fear of the unknown in this stress sort of building and. seen interrogations go on ten twelve hours a chose songs i remember from marilyn manson. slayer the two songs would be angel of death and raining blood to me those are war coming up here into iraq into baghdad. johnny pool the bodies hit the floor which is the rock n roll band it was fitting for the job we were doing.
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the official.
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video. feed. of your. top stories from moscow tonight mixed reactions over the election supporters and opponents of the winning united russia party continue their rallies three days after russia's parliamentary poll the opposition claims there were irregularities in the voting process the ruling party secured a fifty percent ballot. meanwhile moscow's responded to washington's severe criticism of the poll foreign minister sergei lavrov accused his counterpart hillary clinton of using her platform at the meeting of the oas sea to score political points at home instead of taking washington's grievances straight to the kremlin. and a last ditch attempt to save the euros germany and france push for
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a change to e.u. treaties sparking fears that brussels could strip away further the sovereignty of member states. they're welcome to the sport on a second night of crunchy european football action. sounds ironic states moscow aim to upset into milan and boost their slim hopes of qualifying for the knockout stage of the champions league while making history is a nice do reach the last sixteen for the first time after drawing million a poor title. and double trouble tally out of the deviated code could fight on the same card with the tally targeting. i think david has a. moscow are aiming to pull off a key victory over into milan at the san siro this wednesday night to keep alive
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their slim hopes of qualifying for the knockout stage of the champions league latest side will be out for a bit of revenge after losing to eventual champions into of the quarter final stage two seasons ago the moscow side who are currently bottom of group b. need a victory to go through as well as props on sport draw in the other game only a win by a favorable margin well if results do go their way of tesco would finish second behind into we've already qualified distance who knows it won't be easy. you do it to for extortion of course not but mike we don't know the lineup of printer they have a large number of great players it's difficult for us to plan for a match like these but we have prepare something and he'll try to do our best. this is how good he looks into unassailable at the top bouts with just one point separating the following three teams chops once bought neil bautista could go through and insert maybe with that stance think of it for the tie off to the
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serbian midfielder it's a find jury during training italian just a party of the sixteenth in syria and have lost three of the last four champions league home games much to city's challenge three prospects also hang by a thread so my side must win at home to green failing to buy in munich while west i hope wasn't very out at least second place not only to a draw city coach about a month cheney says he's prepared for any of. that being called it about that. we need to be. grave don't feel it would be easy to. be our job after him for. years from four eyes are ok it's not that we're going wrong but again we try to be nobody there we can do nothing in this moment. while over in groups a second place manchester united need at least a point of basel to qualify all the swiss side themselves would go through with a victory the last time united failed to make the knockout stage was back in two
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thousand and six as manager sir alex ferguson denies it's been a bad campaign and says september strace three draw with balls was old trafford with united only slip up. always wary. of suffering from the casualness in the game against basel really someone that you can relate. we won because for then a job or you would die pretty well and then. a very what came home game with very few. elsewhere around madrid coach josie a marine here will be fielding many reserves for their final group d. games i.x. with one eye on saturday's out classic at the bernabeu and having won the group by a landslide the spanish league leaders go to the dutch giants who themselves could lose and start dancing to the knockout stage so they would need an enormous victory over zagreb to snatch second place. while on tuesday russian champions in its own
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bases by grapes the knockout stage for the first time goal a store porter was enough to send them through what have themselves needed to win to progress to the st petersburg side defended solidly for a vital point to finish second in. spite that in order to shatter that quarter now and to the right only which they won last year so they kept the transfer that he says his side deserved to reach the last sixteen. i think we could have done better but i also think that what happened was the outcome of the whole pov the way we've played in the group stage and for all that it's fair that we've managed to go through. because we wanted to go through in the champions league it was not possible now we have to look at euro believe as an important objective therefore we're going to keep on working and try to do our best to believe we're champions of the current holders of the title and we want to defend the title which we conquered last season. under pressure chelsea manager
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says his side triumph against the odds after winning strain a time to balance here to reach the knockout stages of the winner's did a drug brace and ramirez striking short of the finish about violating accusing the jews one want to thank. you so here is the olds. you. know you're only going to hear you're going to miss it if you've got to be there to be there. it's very very working for you to make a good team really excellent think. we know the human toll is. sort of going to keep us going so you know it's true that going to. be able. to think produces a few lives. and this is a great week for just a great. over in half. last a grabbed a dramatic last minute when i had to come from two goals down and try out three two
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or dog runs to get through to the last sixteen along with already qualified assholes the last three want to limpy our course to the great champions have to settle for the you were openly. while defending champions and each winners barcelona thrash about a very soft for the all of the new county despite resting few players ahead of saturday's out well madrid and ac milan already threw in second place let a two goal lead slip in the final minute intro to two checks i thought it was genius to go into the europa league. boxing world heavyweight champion virginia klitschko will reshape all his canceled fight against more mexico next march and he could also see his brother vitali fight david haye on the same card the moment fight was due to take place this weekend but was called off after virginia had a kidney stone removed however his brother vitali and that's the bout not take place in march the third and also times he could fight richest on paper saving
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earlier this year hey lost his w.b. a belt to bloody amir and also holds the w.b. and i.d.f. titles and vitale who's the w.b.c. champion says he'd love to have the chance to knock out the london eye. after his fight against bloody america i was hoping disappointed as well i was glad that my brother won the fight against due to their last remaining heavyweight championship belt that was not included cause brother school action i was disappointed just because some of the little new ones that bloody murder couldn't buy it should be struck or i mean to win by knockout it's only aim i have to fight with david haye. formula one now and the sport's governing body the f.i.a. has confirmed an unchanged twenty race calendar for next season even though they are still does over the grand prix in bahrain under america that it is sure the bahrain grand prix was first postponed and then council following civil rights the situation remains volatile in the gulf. to know your security concerns ahead of
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a close race while the organizers of the american grand prix have yet to prove their financial commitment not to take since november if the grand prix does go ahead it will be the first f one race the united states since two thousand and seven. and finally a forum has been held in moscow to increase cooperation between the olympic cities of london and saatchi respective hosts of the next summer and winter games and as rich and poor fit reports both parties are looking to learn from each other the limbic system most watched sporting event in the world billions made wider expected to watch the london games which got underway in this for nine months time. however getting ready to host the globe's biggest sporting it struck a ganza is understandably no easy task and that's why london sought she looking to learn from each of his successes and mistakes in london his preparation for the
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games have been exemplary the way they set out their blueprint in their bid and then carried out that blueprint sochi have already been following that and have learnt a lot from how london has been preparing think the way london is trying to be a sustainable green games has been very successful and sochi again have tried to not only follow but even exceed those standards the meeting was held at the british embassy in moscow where members of the organizational committees and business communities from both cities got together to exchange ideas however to join tips who's helped to organize almost a dozen lympics the key is finding a good leader so one of the great things about sochi twenty fourteen that they've learnt from london is the importance of having very strong leadership a good visionary leader and in dmitri chernyshenko that's exactly what they've got he's leading an incredibly strong and passionate team who work incredibly long hours and it's the same as london with lord coe and i think this this it it's very important for the world and even pick movement to see the whole progress being
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driven by an inspirational leader and i think they have that in dmitri chernyshenko cities had to build a number of new venues for the games in london have be advantage of having a world class transport system a regular place the same could be said of cinci where everything is having to be built from scratch i think the games are a catalyst for incredible change both infrastructure and social change and economic change in the region i think they've got russian government working to develop the region anyway but even pick games provide that impetus they provide that catalyst for change which enables everyone to focus both in russia and outside russia focus on the region and now today sochi is truly on. because of the them pick games all sorts she has just over two years to prepare for the two thousand and fourteen winter games london's time in the spotlight is just nine months away. of already learned heavily from past lympics of the next two games hosts are continuing to
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compare notes to ensure they can produce two memorable sporting festivals which of ample free to r.t. moscow. well. thanks. to technology innovation all the developments around russia we've got the future covered.
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wealthy british style. markets why not come to. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines.

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