tv [untitled] May 17, 2012 10:30am-11:00am EDT
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he starts he don't come. six thirty pm in moscow these here are to headlines make up or break up britain's prime minister issues a stark warning to the eurozone to take urgent action or face collapse david cameron vows to protect the u.k. whatever happens to the euro but insists it's in britain's interest for the single currency countries to sort out their problems. syria releasing names of alleged foreign terrorists in its custody as the rebellion gets boosted by arms were abroad but there's a split at the top exiled syrian national council has been slammed by the opposition committees in syria but the s.n.c. chief said to be stepping down. plus israel reignites the palestinian conflict
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reportedly shelling gaza wounding seven people this is tell of even pushes ahead before efforts to barricade itself against its arab neighbors. next an economics leader writer for britain's guardian newspaper about what's needed to get greece and the entire region back on track. today i'm talking to dieter chakraborty who's an economics leader writer for the guardian newspaper we're talking as politicians increasingly start to discuss an exit for greece from the euro zone as you see chakraborty thinks that orderly all disorderly that exit will see disorder on the streets of greece d.c. thank you very much for talking to us today and we've recently seen these elections in greece which appear to have shown that the greek people reject austerity how long do you think that rebellion is going to go on for i think it's already been going on for the better part of two years ever since the european union and the i.m.f. impose a really severe program of spending cards and form of welfare greece you've
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basically seen a country which is dissin very quickly into the realms of young governable what you saw simply in the last election was about getting on for simply present electorate voted against austerity parties for a party that was against austerity now whether that means that they're against spending cuts that means they're against reforming labor laws would that mean there are going to change in the welfare system where they simply privatizing whole swathes of national assets i don't know but what you do see very clearly from greece these elections and i think you've seen for the best part of the year is a kind of wholesale rejection of the program that's been imposed upon greece and we've seen germany's finance minister will crank schauble make it very clear that i do agree stick to this austerity all it quits the euro what's in greece's interest would you say what's best for them i think we can stop the most obvious thing is to stop this austerity what happens next well that's a that's
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a more vexed question if you want to talk about whether it's a good idea for greece stay within europe or i think either way it can be a very painful decision for greece if it stays within the euro it will be forced to stick to some. the program imposed on it from outside for a long time to come and it won't have a great safety valve that's normally given to countries in the press or been able to devalue its own currency that's a problem with staying in the euro problems living on the other hand of the kind of volatility and turbulence which may well may or may well make the general strikes to rights all the rest of it look like walk in the park compared to what happens next so that's from greece's point of view but what about the point of view of the rest of the year is a german chancellor angela merkel and new french president francois hollande says to both say that they want greece to stay in the year is a is greece essential for keeping the euro zone together really it's not but the big question that will come up as soon as any country walks out of the door is
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which i was going to follow after it so greece is a very small economy greece is also it's pretty clear and exceptional case within the euro zone economy because it's had the biggest crisis of the lot it's had the biggest bust of the lot it's got political costs you know it's got a whole series of. specific to greece but if it go because there was stopped portugal from going so we're talking about sort of house of cards and this is been this is been the big question ever since it became clear that southern europe was in trouble it was never about one country particular and it was not about greece assoon as the questions arise about greece then actually the big questions get raised what about spain what about italy these are the really big economies even some europe and within the euro zone and so when anglo merkel said if the euro collapses europe itself will collapse do you think that sort of prophecy almost coming true. it's very funny statement for the german chance to make because the
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euro the euro is the union the seventeen countries the european union is a union of twenty seven countries and growing and so for her to ally one with the other is a very curious thing to do it may be rhetorical over straight but it may also be that she sees the euro zone without that what happens in the european union the problem is she's got is she says the euro equals europe but she also says austerity because europe so what you've got. very clearly not just in greece but across the euro zone now you've got electorates and governments collapsing because they cannot impose austerity on their on their voters so even in neverland government government collapses because economy posen sturdy belgium hasn't had a government for the best part of a year. if the if the european equals just thirty and if the year if european unique was the euro and if the year equals austerity then voters don't want to thirty so what does that mean about the rest of the rest of the european union i
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think you've got to come up with a better story for europe is for than simply it's about the euro what about potential exit for greece politicians are now really for the first time talking about an actual situation where greece might access and they're talking about an orderly or a disorderly exit what do those terms mean and what real difference do you think it would make a really really odd thing when people to well orderly or disorderly is all you disorderly for whom because i can assure you that any sort of situation however well managed for the group for the ordinary greek it's going to be very disorderly indeed it's going to be very very turbulent. people have been modeling what a greek exit from the euro zone would look like for the best part of a year politically and economically politically even those who are in favor of greece leaving the euro zone it would involve the army being on the street to keep order it would mean the banks would have been shot possibly shot that the a teams would not be working it would mean that people be stopped from leaving the country
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especially with this moves of euro's in their back pocket because the country would then need to stop all capital from the country and to maintain a very high level of normal so it would feel affected like a countryman marshall the question all in the saudis really for the rest of the euro zone if the euro zone can say to threaten to financial markets look greece is leaving but we all know it greece is a special case you know behind our hands will say it's a bit of a basket case and actually its problems are not the rest of the euro zone that's what they really mean by an orderly exit if they can convince everyone that greece is leaving because of greece not because of the euro i don't think markets would buy that because the rot has gone so far. financial markets i'm willing to lend to spain or to italy that i don't think people any longer see is a problem confined to just one or two small countries and what about the situation with the banking sector in greece at the moment you talk about sort of disorder on the streets we've seen in the region of a billion euros i think withdrawing from greek banks just in the last ten days how
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significant is that how close do you think that is to panic withdrawing a run on the banks essentially i went into one big spanx in greece in the capital athens in syntagma square last summer and i asked one of the cashiers what's your most popular financial product and he pulled out a say box and he said what people are doing now is they are renting say from us to put their money they no longer keep their money in the count in a bank they keep it in a safe box in the vault below almost under the mattress exactly like twenty first century of keep it on the pillow. so actually a bank run has a very slow motion bank run has been evident in greece for the best part of a year what you see in the past ten days is that sped up dramatically. the banking system in greece to intensive purposes been a zombie five banking system for the best past years because most of the debts that greece holds has been written on so much and
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a signal portion of those debts held by the greek government are held by the greek banks system so effectively a sudden apollo worthless loans and that's before you get on to the loans they've made to businesses and households which also not worth half what they were if that . so it's pretty clear that whatever you would have to do to greece stays in europe where it does then you're aware victims was thirty were doesn't it in your thirty in need to do something to restructure and to bring back to life its banking system but it doesn't have the money to do up and no one in the rest of europe is willing to give it a money to do that and all over europe there's a growing popular opposition to the political and economic union how of european bureaucrats failed to convince the people that the european union as a whole and the euro particularly are a good idea. i'll turn a question around you'd have to say it's the most it's an it's the crowning achievement of brussels it's managed to take a largely pro european continent and turn it so wholesale against europe and the
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euro we're talking in britain where if you look at the popular press and even sections our political party system there are a whole variety people who would see brussels being on some kind of conspiracy plot to turn all banal as straight and this is always been part of the british public discourse what's been really interesting from this side the channel is actually more and more the continent is turning against the euro and turning against europe and i think that's largely goes back to what angela merkel says about if the your affair with europe fails she has made europe about the euro and she's made about making vicious spending cuts even in germany which is seen as being the strongest and most successful economy of the past decade even in germany are rich german workers has seen his or her wages fall over the past decade take out inflation the median german wages fall and four percent over the past decade so even your average german worker the person in the most successful strongest economy in all of europe is worse off now than they were when since the euro launched and how far do you
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think politicians in brussels are willing to go to save the union and what you've seen of past two and a half years is effectively a horse series of blame games going on soon as it became clear that greece was in trouble people in brussels and crossed northern europe so well that's greece you know we knew they were they shouldn't really been part of the year in the first place then oil and says hang on we're in trouble to wow you know the irish they can never control this their property market in portugal well ways portugal for heaven's sake then spain italy and so on so forth always becomes the fault of these individual countries and no point until very recently didn't say hang on there is a systemic problem here because you see whole swathes of europe now effectively going bankrupt or as close to bankrupt as you can get. and so they're very belatedly they've realized actually this is not just about countries been for but about an extension crisis for the euro. having only just recognize that they're nowhere near putting the policies in place that might save you or. thank you very
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just said. and i'm a. little my mind i'm a little. bit . we have to begin to identify those goals you have been. pushing. people to. look at just. how can you. please come to peace. as i get my people don't seem all that bad but it is a bunch of losers i might i have a very good job. people have jobs here that's all nonsense so they don't have jobs they're losers
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make up or break up britain's prime minister issues a stark warning to the eurozone to take urgent action or face collapse david cameron that was to protect the u.k. whatever happens to the euro but insists it's in britain's interest for the single currency countries to sort out their problems. syria releasing the names of alleged foreign terrorists in its custody is the rebellion gets boosted by arms from abroad but there is a split at the top the exiled syrian national council slammed by opposition committees in syria with the s.n.c. chief said to be stepping down. israel reignites the palestinian conflict reportedly shelling gaza wounding seven this is television pushes ahead with efforts to barricade itself against arab neighbors. enjoy the snow of old leaders
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sports news on the summer transfer rumors in the footballing world have hit russia they certainly have i tell you what he may be the highest paid athlete not just footballer in the world but samuel eto has been linked with a move from one g. to barcelona more not coming up in just a sec. great to have you with us this thursday evening here in central moscow this is sports today plenty ahead including all this. continental congress on we take a look out the republic of ireland today in our continuing series on euro twenty twelve hopefuls. sagal supreme slovak peter sagan makes it for stage wins from for this year the tour of california the united states most prestigious cycling event. and ice breaker we catch up with the swedish coach
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aiming to do what's never been done before when russia on a limb pick curling medal. but we begin with ice hockey where team rush hour into their six straight ice hockey world championship semifinal the red machine donning norway in stockholm nowhere near a straightforward this is some analysts had predicted though the winner well two winners in fact for two was the final score coming from three all comediennes alexy yemen and nikolai sure dave in the third period meaning for two was the final score d. or into the semi though the first team to make the last four stages was still fuck it the underdogs fighting back to beat a limping champions kind of a four three following after encounter leader team usa and coos finland meet to sweden on the czech republic. football on liverpool on the lookout for a new manager after socking kenny dalglish on wed and stay the decision comes after
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the club's worst premier league finish in eighteen years though the leeches former reds teammate alan hansen believes it's clear where improvement is needed. will be so the rebuilding the cups carling cup final and final reluctantly purely for the should means with the. the number of. employees there were really good news for the opposition. and i think. you know if you look at the top twenty gold school. english premier league there's no little booklet amongst the. new england manager roy hodgson has been explaining his reasons for leaving former captain rio ferdinand off his euro two thousand and twelve squad thirty three year old ferdinand was omitted from hodgson's list of twenty three at the expense of john terry two players who had been at the center of a racism row during the english premier league season was purely a football decision though you know i was a man that i both respect as a player as a person i don't know it well personally but of course like everyone in the room
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i've seen enough of him over the years to realise what a fine is and what a good person is but i had to make a fulfilling decision to destroyed on the basis basically of what i've seen in recent months and in particular influenced also to some extent by the fact that we hasn't played so much since the world cup and has only played once freeman in the last year meanwhile republic of ireland manager giovanni trapattoni says this summer's tournament is quote agree of opportunity for the country the green army hadn't qualified for a european championship since one thousand eight hundred eight with the world cup in two thousand and two being their last major tournament but the spike being in a group of older spain two thousand and six world champions italy and korea share the italian believes his men can reach the knockout stages because the ninety minutes never say never. who we must believe is possible also to go over the first group.
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in order. meanwhile spanish media are reporting that samuel eto is seeking to leave russia the thirty one year old star linked with a move back to barcelona during the summer transfer window the cameroonian spent five seasons with bar set before leaving for injury in two thousand and nine it's all recently visited spain to meet with his ex teammates of a time when the couple were said to be seeking a striker to cover the absence of the long time injured. basketball on to the n.b.a. where boston have secured a two on lead in their best of seven eastern conference semifinal series against philadelphia the celtics seeing off the seventy six ers one hundred seven to ninety one in game three over in the west oklahoma taking a two zero series lead over the l.a. lakers following a normal win at the chesapeake energy a reno of the spy stuff that the lakers coach maintains there are still all to play
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for. but still. they did what they were supposed to do they protected their homecourt they got to winge now we are going to say. but i feel like there's still a lot about ball left in our team. to call for ian poulter is preparing to defend his world much play title this weekend swear the prize fund of eight point five million dollars up for grabs on the ryder cup of course on the horizon the thirty six year will be hoping his play is up to scratch in spain the spike a recent illness scare. and she. recovered nicely after having the money so i feel you know my best golf to come this summer and you know very much looking forward to playing much this week and obviously getting to north from the tournament three u.s. open and the open championship staying on the greens are moving to soft career where local favorite kim bio is hoping to make it two titles in as many weeks the
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twenty one year old claiming a one shot lead after the opening round of the s.k. telecom open bio had been enjoying a great run of form when he could make young open last sunday and showed little signs of slowing down this time might the asian sensation karting six birdies on the day wrapping up around a four straight here in the. chemist see look another one stroke back in seconds while the events biggest star k.j. choi has some work to do the it time p.g.a. tour champion lies one over par that is five shots behind the leader. to motorsport a red bull's mark webber has been reflecting on the start of the formula one season the thirty five dollars trillion currently sits fifth in the driver's standings after what he described as a really open beginning to the campaign in which there have been five different winners in five races i think for the fans it's quite interesting for them but also i don't know if they will get sick of seeing so many different winners it's nice to
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have lots of different winners but also we want to have i think the rivalry is always always good to have rivals and that we always have people fighting for the for the championship and to have lots of different people always fighting. these and goes on maybe there will be some rivals that that come in let's switch gears to cycling where peter sagan is continuing his dominance of the united states most high profile race the slovak winning all four stages of the tour of california to increase his overall lead to a hefty sixteen seconds the twenty two year olds with enough of the time to. take the longest stage of the event on the web and stay for other riders that were lacking in particular departments pulling out of the two hundred ten kilometer distance stage because of the searing thirty five degree celsius heat sagan watched dave brisky make a brief from a lorry midway through the local fear of whoever got swallowed back into the peloton with heinrich hausler finishing were all to see again for the fourth straight day another stroll in michael matthews team the last podium spot next up
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an individual time trial on thursday in the race. and finally there aren't too many winter sports that russia hasn't won a medal in but curling is one new national women's team coach under scrum is aiming to put that right at source twenty four richard from poor pre-court up with this week to quiz him on the task that lies ahead he's only just taking the job but under scroll up already has big plans he's aiming to break russia's a little bit curling medal duck at the sochi olympics and says be young but talented women scored has the potential to do this. well i've seen quite a lot about the world curling in size among their worth and i would say they're definitely our capability to take the medals and hopefully the highest medals and with a lot of work and if they've got it perfect talent which i hope to have and of course they can win. since the russians still will be
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a great effort in this i think we have really good chances actually because look what i've seen over the last couple of years is business in talents but russia really isn't able to get to that final stand and try to compete podium finishes and we saw the last olympics cup stages curling is if you see a round how curlers are you will find they are pretty old and you need a lot of experience and sometimes it's strong to find short cuts and hurling for you have to be there for a number of years and just kept experience and that might be one of my greatest toss his kind of people in these experiences in very short telling them and they will go very far only by good technique. and still we have to work a lot to beat us this tactic mental park also undescribed comes from a curling family with children playing in the sports pool and there's
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a real chance that he could go up against his door to somebody who competes to sweden at the sochi games. we would be pretty sure he would be one medal in the family at least. but did you have any fords about taking up this role with the russian team given that your daughter is a successful girl and of course i have both of them and told me about it and they were going to be reeling after my son said i'm not sure i like this idea. ladies say it's ok if you work with the men i'm not that happy still you know when you working in the curling you know your feeling on many sharks. and. i'm the caller but i'm also a worker and when i'm here in russia i will be the worker and i always try to do my best work and my daughters of course one hundred percent on time and i also run a moberg about the situation and she and she said understands go for it this is a very nice life if they don't get you they will get another one so for me i don't
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