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tv   [untitled]    October 21, 2012 4:30am-5:00am EDT

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would cause a problem and we're trying to mistakenly correct that and rectify that by. by saving by a public by cutting down public deficit which will not work in the situation and at the same time we're saving on the one hand on the other hand we're having a hugely expansionary monetary policy that we are stepping on the gas pedal was one foot and on the brake was the other and that's the frightening and so one would have to ask. who benefits from that kind of policy they said that it could in deficits wouldn't work perhaps would getting rid of the euro getting rid of the euro would be very painful it would work in the long run because we had a perfect system before the european monetary system which was just the right mix of flexibility and stability it was a stable system but you couldn't just if things went out of hand so that was a good system going back there theoretically would be great in practicality it
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would not be great because it would be extremely painful but. what i envision is that some people some countries leave the euro like greece and maybe later spain and portugal italy not so a flexible union countries that are not ready to stay in should leave and that's not the end of the eurozone quite to the contrary it would strengthen the euro zone but the european political elite. it's basically upholding a dogma if greece fails meaning greece leaves the euro greece has failed horribly greece is basically a failed state but they say of greece fails the euro will fail and europe will fail all of this by itself is wrong and in this connection is also wrong so we have to ask again who benefits from that state of affairs is there a chance though that we could see a champions league monetary union created with the likes of germany austria the netherlands and other countries with underneath that
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a second tier of monetary union there are some proposals out there to really split the euro into a northern europe the southern europe southern europe or. there are some proposals out there to really split the eurozone into another and so on and the southern so on but that's not really working that will not work for political reasons you cannot split france and germany then france will be really let's say insulted that's just not politically feasible if you do that then you might as well get rid of the euro completely so france would have to stay in the champions league and so that by definition would be very difficult in that sense. and also who's going to lead the size and so on who's going to be the point around which they will rally so the mind boggling the problems around negotiate such an arrangement getting countries on board so they're much more flexible and also i think sufficient approach at this time is to have individual countries opt out if they just cannot
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comply was current policies and of course greece should leave rather today. and not tomorrow because it's really clear the policies are not working we're really having an austerity program which puts the country deeper into difficulty is the g.d.p. is shrinking people are suffering the only people who are saving is the financial elite is the oligarchy that has been ruling greece for about two centuries because we save the banks so we save the banks and the creditors at the cost of the people and that's not great so you saying that it would be better for greece to leave the euro take extreme hardship for say a generation and then benefit in the long term it would be extreme hardship but we do have extreme hardship right now also i'm not sure how much more extreme it can get and would not be a generation i would in my in my projection would be about five years three to five years and of course if they leave the euro zone. the european countries should stay
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solidary they should give. measured aid they should give support project the. should supports a bang so we're it's not the end of european solidarity but it would just be a healthy arrangement now looking at some of your work you seem to suggest that there's a problem with the german mentality when it comes to taking things forward economically . yes i mean some of the factors in europe are still the same france is pretty much behaving like it behaved one hundred fifty years ago england is behaving that way. russia we'll see but one country that has really changed is germany i mean there is this guilt complex we can say it openly still from world war two and we believe if we just give up sovereignty and german interests we will have europe but that is a little the jumpers a little softer so to say i mean less germany doesn't mean more europe. if germany
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has viking ships should use them to create a stronger europe but i doubt that we do it by creating the by supporting an unsustainable arrangement was the euro as it is by doing a fiscal pact which is basically strangulating european economy so in that sense germany should indeed assert european interests i would say more strongly that it's interest you what are these bargaining chips the bargaining chips are not many anymore and we gave one way again which is the yes and which is i mean still european increase in the capital of the years still requires. a scent of parliament and so on but parliament really is lame parliament a sense because the major parties in coalition government and outside always agree to stock up the capital so there's an encroachment upon sovereign budgetary rights
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and the parliament is not defending those but basically that's the last bargaining chip our sovereign budgetary rights i just clarify that by e.s.m. you mean the european stability mechanism not say a pox whereby all the countries put money in and it's given out to those countries that need it most will not work in your opinion yes that years and missed the big part european money will be distributed somewhat like the. i.m.f. and it should the money should flow to countries and problems. under certain conditions at this point how it's constructed we give ever more money to that as a result saving solving their problems. and the money flowing and basically exacerbating a prolonged prolonged the current unsustainable situation now german chancellor angela merkel's always been a big supporter of the eurozone saying it must stick together is there a chance that german fiscal decisions are being made based on political decisions
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because looking ahead to the elections will be taking place here next year well mrs merkel in that case is very much listening to the other countries at some point in december two thousand and three and sarkozy is said after the consummate if greece wants to leave it can leave we're prepared but there was a shard shot blink of truth but the dark my is europe has to stay together and it's basically a dogma based on wrong premises to blackmail germany to blackmail the novena countries for the benefit of large financial institutions for the benefit of what i call financial oligarchy for the benefit also of course of the southern countries and the elites in the countries but wouldn't a greek exit from the eurozone be devastating for germany economically germany would be heavily affected if it left the eurozone that's why almost nobody is for it in germany it would be extremely costly once again but so far in history every
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monetary union at some point has come to an end if there was no political union so this union will come to an end but it will be way in the future so the pain is not big enough so you suggesting that a political union could be what's needed to save the monetary union. i'm a firm believer in the fact that germany should play its strength more actively should have a more active stance in the negotiations but also as most germans are really dream of a united states of europe but then we have to start with a parliament that it's worth it it's name a government that is elected by the parliament not a commission we have to start putting together the true parts of high politics like defense security those things have to be integrated and we can of principle of subsidiarity for economic policy so right now we're building a technocratic euro for the benefit of certainly leads for the benefit of the
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political elite for the benefit of the financial elite which is not really a citizens europe so you suggesting that germany should lead the way in convincing countries that would be in this united states of europe to essentially give the sovereign rights germany cannot lead by itself this german french tunde has to work it's a difficult time them and i'm not sure we can really make it work but even sarkozy and merkel have learnt to work together but martin has been to yield ng so i'm not sure how the french german tandem will work once romney becomes a bit more sort of. points to basic things that have to be done but without french german cooperation on this it will not happen just one last question in the past you've predicted doom and gloom for the eurozone to predict its future right now right now i'm predicting that this unsustainable and to some extent pretty bad sort of just going to continue nobody has the power and the will to really solve it.
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but everybody is of course to read let it disintegrate i predict more bickering more economic hardship more muddling through for at least another two years because the e.c.b. is printing money like crazy so we're going to sustain an unsustainable state of affairs for another two or three years you make it sound like a failing marriage it's certainly a quiet failing marriage were partners have not given up on each other yet. looking to the future their doctor or pleasure to speak to you thank you very much michael it's a. gold
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fever. turned into slaves. but also my brother involved and since i started working in the mine i stayed here. multinationals. to cash cow to be milked dry i think that in this country gold medal logie as an environmental cost which is an acceptable meal to business was labeled illegal and controlled by criminals in order to protect our lives our families and to work in peace. we are forced to pay protection to illegal groups what price is colombia going to pay. the modest effect on r.t. . i mean so can only a city in europe and the hosts of the twenty fourteen winter olympics. see.
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thank you. tsotsi. thank you. dog days are. the pride days it. makes common. to see it's so true. to be so much brighter than a few. songs from fans to question some. who scream stunts on t.v. don't come.
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nuclear. side. radioactive fallout of government betrayal.
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and claude how can the truth be revealed if there's no official evidence there was a very bright day to the servicemen concerned who were given no problem protection and to the people of this country generally because all right deal like the full. the secrets of the tests explain. the. technology innovation the least of around russia we've got the future covered. more news today. again flared up. these are the images.
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from the streets of canada. corporations are today. top stories on all see the lebanese opposition calls for more runaways in a country already engulfed by violent protests all to friday's deadly car blast of current result of the syrian crisis they love. every sense of chaos small civilians including children killed in the government a link to militia charlottetown traditionally loyal to the old regime. he was killed. also protesters scuffle with police says turns up thousands march against authority in london the country's actually been fanatic that has agreed suffered a nationwide strike souring the move to albany you prices summit in brussels.
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and in your attempts to breach the bloke eight of gaza's three water israeli forces stop a humanitarian ship under arrest thirty hours of its own border. and right now andrea brings you the latest for. hello again thanks for watching and here's what's coming up over the next few minutes leading the way energy grab by late two one win against ten man spar time to go five points clear at the top of the russian premier league clubs never say die ave guard come from behind twice to beat the style in the k h l wall dynamic grab another way and i'm top spot in the table. and up for the grambling cup top seed sam stosur lines up a final showdown against caroline wozniacki after both win in three sets here in moscow. we will start though with a k h l because sunday's action has got underway with
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a mood of suffering another defeat losing to one thing i think we need in the eastern conference a more only nineteen points now from twenty games later on throughout goal look to keep hold of top spot when they take on spies that should basically put those to big to go level on points with them with victory over in the. nets to take on solid in the other guys. god kept up the pressure on the top teams with a three two shootout win over service on saturday service took the lead three of getting kicked off in the middle of the first period and even though under the event of found an equaliser service to lead the game in the final period being. getting what looks to be the winner with all hope of novel guard come back seemingly after matthew cooper we see him been with less than two minutes left but his side never gave up keeper ward but he was taken off off for an extra attack and the gamble paid off anton bell of scoring with just four seconds left to send the
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game into overtime and when that finished goal or surrogate comes to school the winner in a shootout a great game on guard and that three points off the top of the eastern conference. but it is the nominee you have the best record in the k h l at the moment alexander ovechkin scoring for them in their four one win over atlanta that victory puts the number on top of the overall standings and on top of the west with the nine points from eighteen matches the modern football angier five points clear at the top of the russian prime illegal spots like own goal in stoppage time and a two one victory before kickoff the fans did remember the victims of the stampede that killed sixty six spectators during star tax you asia cup match against holly leaky rina thirty years ago but when the match got underway brazilian strike yvel it and was denied by the woodwork before setting up midfield at the yet then off the spot thanks. ten minutes before half time but
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a yellow card either side of the interval for kittle combative left the visitors with ten men and there seemed to rule the equalized midway through the second half but with a draw looking imminent an injury time free kick resulted in unsure only heading into his own net to ensure energy one two one of them a number six league games boss were handed second straight defeats. double defending champions any when third with a one no win at home to get banned alexander courtesy call netting from the penalty spot there on the stroke of half time to claim the seventh goal of the campaign as any pressed for more in the second half but fifty million dollar man how powerful free kick from long range went just wide ball followed record signing axel vit still hit the bars and he went level on points with second place to use the moscow . time present are up three places to ninth off the two goals in the last eighteen minutes gave the home side two no victory over land yet again he should be seen noting in the first after the ball rebounded off the post good reactions and.
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blasted time for in the corner to ensure the home side took all three points though i don't yet remain two points clear of the drops. sunday. it is going to go within two points of angie if they've placed. second bottom or. lucky might see it go to the bottom roster. but over in england on saturday substitute scored a late brace's ten man manchester city snatched a two one win at west brom wayne rooney netted an own goal that also struck twice as manchester united beat stoke four two knowledge stunned arsenal one nil for their first win of the season to regain sterling's making liverpool goal against reading gave the reds their first home win full and grabbed a late victory over aston villa swans the hell off we can see one there from west ham thrashed southampton four one and chelsea stay on at the top after one matter the second half that will help them bring london darby four two. thank you
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all in the second half gives them almost feel a lot of confidence and momentum which we knew we had to ride out a little bit brother you know the split the pot from that i think for the rest of the being we were very much a tool to finish the if we wanted to impose themselves and women should do so for the majority of the game and on sunday to take on newcastle and what will be a feisty northeast darby's while keeping our host everton in the other guy. but in turn is top seed some studies are faces former world number one car in a mostly at skin sunday scrambling cup final both needed three set big trees in the semi sinestro those that had to battle hard against another former number one and are a fan of each the serve taking the first set quite easily get sixty votes down more power and accuracy in the second taking that six three before claiming the next six two for the match finishing things off with a tasty backhand. he was only playing quite well in.
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getting the first good shot at the rally which same put me straight into the defense in i knew that i had to try and turn that. i think i started serving a lot better i could at least start the point well and then on the return to save a step up in do that in pretty much just kind of reverse i was getting the first good shot now would it play offensively and improve my movement in was able to do that for the rest of the match. that set up a final with denmark's wozniacki he really had beaten syfy arvidson of sweden but she too had to fight hard coming through in three sets to reach her third final of the season. i think i really. was fighting out there and you know it's tough on the surface to finish off the point and especially you know against that we both know that you know each other so well and know each other's game so well so i'm just very happy that i'm through to the finals and you know
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that i have one more match to go and we see how it goes. in the men's final between the two seed and that is separate from this is the brazil's thomas baluchi both won their semifinals in different fashions breezing past and this is more like it is easy they're in straight sets while baluchi needed nearly two and a half hours to get the better of the very heart of each. and it's made to motor sport in moto g.p. leader your renzo will start on pole today for the malaysian grand prix with the chance of wrapping up the world title the m.r.i. the edged out fellow spaniard danny pedrosa in qualifying and italy's view. will complete the front row ahead of agang champion caisson stoner the renzo is twenty eight points clear at the top of the standings with races left which means the twenty ten winner could secure his second title at the supplying circuit but the twenty five year old needs to win a medal i'm proud of finishing outside the top twelve. and russian deniel has an outside chance of being crowned the former champion in spain today he goes into
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sunday's final race of the season fourteen points behind rival stoffel the one from belgium from barcelona is constantine patel. for the whole season rushes the new kid out and stuff it one born have been in a league of their own as the sparrow have won eleven out of the twelve races so far eighteen year old kid out will end the season with the most to beak to raise seven but despite one door in winning just four he has been more consistent finishing on the podium ten times in twelve outings and headed into the final weekend at the catalonia circuit within the eleven point. instead of these race the belgian started from second sport while combat was feet from qualification however the russian produced in the electric start overtaking two opponents to get close to his title rival but the new incident slowed the red junior team driver down as a safety car appeared on the track and as
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a result the twenty five leper race was shortened to just twelve in columbus. who started from pole proved his first victory of the season leaving bondurant to edge without them to second in a battle behind him well it was a very short race a long safety car period in the beginning. but yet for me it didn't play it so much because i was anyway in front of daniel one door and increased his lead to fourteen points ahead of the decisive race however that says it's not the end of the battle and the crucial day will be on sunday. today but not percentage of anything everything you can see happening tomorrow. looks like rain for justin just manto in there is no pressure. despite the fact that combat failed to cut the point deficit in the first race with twenty five still up for grabs at american olesen store on sunday where the winner not only being crowned champion but also a bucketing half
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a million euros and a chance for the big time on sunday by the r.t. barcelona spain. good luck to him that's all. over a decade north of honest terrorist attack. ex hostages blindness into their lives and after the tragedy. still gives try to cross out the past. because their future will yet be written. surviving terrorism ten years on our team.
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download the official ati up location to cell phone choose your language stream quality and enjoy your favorites from alzheimer's l.t.v. is not required to watch all its he'd only need a zero mobile device to watch r.t. at any time. will there be war on iraq china friend or foe is missile defense offensive where. stuff us elections come close to october twenty second one or two. in the news a secret laboratory to mccurry was able to build a most sophisticated robot which on fortunately doesn't give a darn about anything tim's mission to teach music creation why it should care
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