foreign minister scott peterson thank you very much for sitting down with r.t. well it's a pleasure iceland has recovered remarkably well following the two thousand a global financial crisis can you briefly describe to me how iceland came out of the circumstance they found themselves in in two thousand and eight well you great we were the first country down during the crisis but we were also the first country up. apart from the rest of the countries in europe with him problems. made an economic plan with me stuck to the plan we stayed because we took all the difficult decisions we didn't put but you know we we want a little bit different from the european countries instead of just. adopting

everything measures we also raise taxes quite a lot reading about this. but regular income for what. they did make it able to pay that. and that of course we also put money into infrastructure projects to stimulate the economy so we went in mixed mixed paths really that is what was different between us and europe considering the turmoil in the e.u. economy which may go into a recession now but iceland be better off just staying away from the european union i don't think so i'm pretty convinced that the e.u. will go through the present difficulties and will sail through the rough seas in the end i believe that the euro will be a stronger currency long before but you already see that it holds more than hold it all. for example again the american dollar doing really well in the world for

example a point five percent stronger than a lot so i think it is a currency that will. in iceland you have this special situation we are probably the. smallest the nation with an independent currency and then be globalized world we find ourselves i mean if you're a small country with very little independent currency you you become like a prey that is attacked by all these sharks all the. so. therefore a lot of icelanders they think that in future there will be filled with a new growth like this what we really are seeking really oh yes. but won't you this is something that will be it's a decision that will be taken by the people also holding a referendum already. put in.

what we're seeking by joining the european union is. greater currency area with greater stability lowered rates and hopefully better shelter for another crisis that may room in future for europe and i said that four of its big banks fall in two thousand but supported sectors of its economy europe is doing the exact opposite right now as forging our aid to the alan banking system while imposing austerity measures on people why isn't the european union learning from iceland experience of the big companies they probably can't of. the big countries the big comfortable asians never look at the small fish in the pond as consoles why are they doing well but what we did what was completely opposite to the euro zone countries and. you into the united states is that we didn't socialize

the losses we didn't let the taxpayers shoulder the burden what we did was. phone call. good risk. go away with their losses but we did the whole thing we. really miss the average person let's just say the state government did the part of the end with yours so you put the people first before the corporations that's what you tax that's what we do in life that that sounds pretty nice pretty considerate it worked for us it worked for us and in the end i mean only four years after the crisis you know what when the world completely wrote off iceland what you see a small country that is doing well we have the highest rate of growth in europe now the new figures showing about the growth in iceland three point five percent

projected to be that. in the same area for the next two years unemployment is down to four point five percent four point five zero point five years or so and it is working the icelandic system is working do you think that a european union will survive with all of its current numbers or just think some will have to pay off loaded greece i think it will survive and i'll tell you why i think greece as you put it so eloquently will be offloaded because it will be so expensive for europe it will be a very expensive for some of the rich countries of europe from so i think people will just come to terms and come to the conclusion that it will be. easier cheaper too. and i think that this what will happen iceland is one of the key players in the arctic region that is estimated to hold thirty percent of the world's undiscovered gas deposits and thirteen percent of the world's undiscovered oil

deposits could the arctic become the new middle east just a few decades from now perhaps not a new middle east but. the arctic contains a lot of untapped resource. if you just think about iceland in the future of iceland limiting within perhaps twelve or twenty years you will have three oil fields north of iceland one within the iceland economic zone about one which we know this business pretty well. should just that may be huge so i think definitely in the arctic you will see a lot of new wealth drawn from in the future that will be to the benefit of countries like yours like russia like iceland like greenland possibly the fairways of some others but it isn't the only opportunity i mean if you look at iceland we

are placed so to speak in the affluent of the arctic ocean and some of these spills are exactly in the areas where we knew where the current poor go between iceland and greenland so let's just think for a moment the pub what happened in the gulf of mexico christ if that would happen worth of iceland at the extreme low temperature or it doesn't degrade nature really but the catalyst doesn't do not work it would be a cut of stroke so we have to tread very very carefully. but the answer is yes i think a lot of nations will drop quite a lot of wealth from the arctic how do you respond to recent reports of chinese investors becoming increase. interested in leasing land in iceland and what do you think china's involvement in the region will mean geopolitically well the icelanders. reacted very positively in the first place thought this was

a very. interest they welcomed this interest and china like russia has always treated iceland with respect you know our friends in the past even of systems like russia did during our crisis i think there's a lot of apprehension now by the icelanders about china this is probably and possibly by. external media about all seem to be afraid on iceland's behalf but what will happen is there will be a new traffic route across the arctic definitely and china is looking at the because it will cut the cost so. transporting chinese goods from asia to europe by foot. so in iceland there is a lot of interest in certain areas to work with chinese on developing this in the future i think. you will see that anyway however things developed by stunt will be

one of the stepping stones between. europe where the ice has melted in certain manner that you will. you will have a new car group. that will be pretty soon perhaps within some two years ago iceland came up with something called a modern media and national have its legal framework to promote investigative journalism considering the fact that iceland and you yourself have become the victim of whitney leaks what's in it for iceland to promote such a legal framework well i wouldn't phrase it. the way you do with. a victim of little is but you publish your free advice well i mean you're talking to a guy who certainly saw a confidential report my. splash storm of the pages of the

media actually the big leagues group made the first trial run with documents related to iceland because they had some particular connection to ice on the individual but. in the end this resulted in this bill of like islay shalott is being proposed in the icelandic parliament about has been embraced to a certain extent by all sides of the house i mean iceland at least tries to be a partner. wants to be transparent but this doesn't mean that we want to be a haven for illegal things multiple but what we're trying to do of the spill postponed individual m.p. is trying to lay a groundwork for a corporation between nation where it is easier to blow the whistle to publish things that might be negative for individual institutions or governments but

nevertheless good for the society as a whole i mean for example if you have corruption within government i think it is positive that it should be put out in the op open. that's the. but the past has been passed the foreign minister thank you very much for your time thank you. trimmings and this is true even for specialists how a voice can produce several sounds it wants to do the means the art of throat singing comes naturally picked up like a language. a

language of communicating with nature it said that's where throat singing originates from the unions believe not only animals but also surrounding objects like reverse forests and even stones of souls and by imitating the sounds they believe assumes to capture the power of nature. there are special instruments that accompany the singing guinea says there is even a legend about his instrument a gill it says once there lived a poor shefford who had the best horse that won every competition but jealous people killed it on the horse was revived as an instrument. or was it of subtle is because of the spirit of the horse going to his dream he said make an instrument from a tree the sounding board from the leather of my face the strings. and to remember

me make an engraving of my head part of the instrument he did so i called the instrument a good deal which means come back and this melody only instrument is called. to fly is one of the most famous groups in the republic their next goal is to tour broad they say for you are peons it's difficult to pick up and sing so i asked them to teach me and see if i can do it. cheerleader the. chair oh you stand out and that was sure to say can come true and was to thank gang are ok. but now it is the only and moody part of the song and not the actual throat singing which i

wouldn't even try to repeat. so maybe you have to be born here to be able to sing like this i thought so until i met she looks like a deveny and i don't even speak their language but she is from japan. most as to modern mindset that you come from two hundred years ago until sappy here she's not planning a professional singing career but she keeps practicing just because it's become part of her nature. this presidential election is not just about obama and romney there are also third party candidates on the ticket and they will influence its outcome see a debate among this nation's major third party candidates right here on r t like

over twenty third. government linked militias continue the blockade and shelling of libya's former pradelle three stronghold bani walid the city remains cut off from vital supplies for dozens killed and over three hundred injured in violent clashes. unrest in love and on continues with armed gunmen blocking roads in beirut following a wave of weekend rallies calling for the government to quit beyond rest was sparked by the killing of a top security chief which protesters say was masterminded by their rulers are on the side of the assad regime in syria. plus foreign policy is in focus as parag obama and mitt romney gear up for their final pre-election debate but some

observers are saying there is no difference in their view of america's role in the world don't mess artie's national in-depth coverage of the presidential race. and is here now with the latest action from the world of sport. thanks for watching and here's what's coming up applying the pressure to scar be ten man routines to go within two points of leaders and g. in the russian primarily. class crammed in the kremlin caroline wozniacki beat sammy sosa to claim the twentieth top title in moscow. and powering through the opposition's eastern conference they'd like to all come from a full on down to beat sparta back and make a challenge. the first fiasco boston it's nice he has praised his players fighting spirit after digging out a two no victory over ten man rubin

a result that sees the army men moved to within two points of leaders and g.b. over half the ts garside had played for their countries during the international break in slips he says that made them sluggish but they took the lead from the spot with twenty minutes to go ahmed was up ended by even marcano and ransoms slotted home it was a bad day for mccann are you dense or were straight red after a high challenge on to see the honda and the army men made the most to be extra man moved to scoring their second minute from time to know to to use the final school. logic behind them in the league or high flying tara could be damn car one nil. volley enough for victory they are up to third in the table four points off the top . the mob a break from the numbers striker alexander according gave his side a two one win over lowly mordovia the twenty one year old getting his first just six minutes in however that early strike was cancelled out by a retaken penalty from bruce and. it was controversial.

just the first effort which the keeper saved. and then he sent it in exactly the same spot for the second one at school the local corrie responded swiftly heading in what proved to be the winner it moved them to test these men. to twelve from the table four point clear of the relegation zone. and fifth place like a mighty fine i win this in three matches after the railway men were held with goldfish to all shrugging rough stuff. and there is one game to talk about on monday collusive yet of welcome bottom side volga you've only got one point from the last ten games let's catch up with what's been happening in england rock bottom q.p.r. three one one with everton who had stephen sent off and sunderland snatched a one one draw against ten minute castle after a late goal from them but bar. former tennis number one caroline wozniacki says she's very pleased to have won the kremlin cup to reach a career milestone the dane be destroyed in

a gruelling three set in moscow to claim her twentieth title the dane cruised through the first set sixty but the astray and top seed fought back in the second to take that six ball and it was a close affair in the decider before wozniacki converted her second match point to edge that seven five and lifted her second title of the season and the twenty two year old could also break back into the world's top ten should she win the tournament of champions which gets underway in bulgaria later this month. also very well on. such a good for her slice and she has some. different things to some of the other players start you know the serve to place more men's kind of tennis which makes it difficult with the spin and everything but i was very pleased about the way i handled everything out there. and italian and he was crowned the men's champion he came from a set down to beat brazil's thomas baluchi in the final this is the third title of

said he's career and the second of the season. now let's switch to ice hockey where trackball have pulled off an incredible wind to keep top spot in the eastern conference they battled back people one down against spartak to win five four after a shootout elsewhere in usenet look nervous because he has been there he's got wind of the beer and now just two points behind fractals at the top of the table after winning the battle for second place against ag bars sabir had never beaten the two time to go and cup winners in the k h l and got off to a good start with alexander cooley non-target form of pittsburgh penguins star alexis would always or did equaliser the end of the second period but to third period goal since the beers anton militia here and captain maxine could ivanoff skin gave the hosts the victory and that allows the beer to leap frog at bars into second spot. now the new olympic bobsledder track cheek will be tested over the next few days

we'll give you updates on that over the next week but elsewhere there was a dramatic end to the run no world series russian but new york of yet just missing out on being crowned champion after the final race of the season in barcelona with more from there is constantine pathak off. fourteen points separated the new york riyadh from stuff in one door and before the final race of the complaint and i went to a dramatically affected the results of the morning qualification session as well as the race card out felt no pressure and captured a crucial pole position while his title rival had a disaster was run and had to begin from sixteen sport yet the twenty year old belgian produced a fantastic start as he overtook ten opponents to go six on the second leg but he touched another car in the torn and one door and was forced to retire for the first time this season and had to finish on the podium to grab the title unfortunately

after the second leg by touch with somebody and i went out of the race so. they danced and i thought ok it's it's all gone gone again meanwhile clear out set a great pace and was comfortably ahead of the chasing pack but first date in year old was fined for not making a stop on time and sleeps to third and then his team paid for not changing tires as the tread dried and it was impossible to keep up his speed so clear out had to watch as a victory sleep through his fingers and he eventually finished eight interruptions for the train tires because the track seem to be slippery and wet and there were some clouds coming and we thought that the rain will hold on again so. of to make sometimes wrong choice sometimes you make right choice there was wrong choice all over rowland of the four tech team was the first to take the checkered flag however it was one borne who stole the show as he was crowned this season's champions and

takes home half a million euros our i feel really delighted after after securing a title but i mean after all today after qualifying it was that it was going to be over and. i was going to have to lose a championship because i was starting p.-six dean and my rival was starting on pole so i think it will it looked all. much like an incredible job but my team and everybody around me had really supported me and said it was not done yet it was a thrilling climax to a great rivalry at the circuit i've got a long year hopefully both one door and then will take the next step and move up a calista formal run or three point five and maybe in a couple of years time we'll be watching them compete in formula one constantine brother of r t. spain. and finally the first season of the international student basketball league has got underway in moscow with twenty two teams from six countries taking part so far but russian organizers do hope more teams will soon

and role of. reports. yes then uniforms i is b.-l. united states highest echelons of state in basketball from russia ukraine bellew's kazakhstan lithuania and estonia the sports popularity in those nations is a long way from north america's and c.w.a. march madness but there is no doubt the organizers will do all they can in the inaugural season so that she believes longevity and expansion student basketball in russia is not at the level that we would like it to be and the long run so show that they exist so there priam a league last year then best both teams plus the international teams will help us to resolve the issue and we probably will go to the next level next season but this is a trial season so probably there will be mistakes they'll be problems try to make it work they've her national student basketball league has been a work in progress for many years and moskos state university along with sponsors

and russian government officials have finally made that first step towards creating a highly competitive college pool was capable of the go basketball is generally a game for young smart people and here we have students who are just that basketball has always been extremely popular with students and we hope that one day our team will be taking part in top international university competitions and come out as winners of course was born the students you get the i as b. l's board of trustees includes at least three russian ministers and top management from one of the country's leading banks that fact alone could potentially ensure the i as b. l's permanent status let alone the creation of basketball hubs iran russia but for now it's all about trial and error and of course and susie as well as our goal for the season is to get to know each other better will be definitely running into lots of issues related to visas flying between russia and to twentieth and other

countries and. stuff like that so during the first real season we'll have to learn to deal with that despite the risk we still need to start somewhere we need to experiment with before any big journey begins with per step experience this season the eye has veils exposure will be limited to the six former soviet republics but the players themselves will get a chance to assess this frank against and see that and top european universities as soon as may of next year at the international student basketball festival in the capitals of the red square among coffer of our take calls and that is the sport but . download the official location cell phone choose your language stream quality and

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