helping them out finance a day so it's a pretty interesting monks' it would be a deal less well taking for a show because the fonz cycle has a cow so i want to sell what is. a wind and gas and without it coming up off the back in the business but us and.

download the official publication. stream quality and enjoy your favorite. if you're away from your television or it just doesn't do so with your mobile device so you can watch your t.v. anytime anywhere. a clear image of iraq story face. twenty day taxi trip through the country. the road full of. clear evidence from north to south. the roots of iraqi tragedy. after the war waiting for peace. talks e t.

hello that welcome to business is evening. slight for his is in the middle of a nasty tug of war between the e.u. russia on the one side is russia willing to offer a lifeline to cyprus in its hour of need off the loan in the country two point five billion euros in december twentieth levon on the other side is the e.u. which offered the controversial bailout package which would see everyone in the country with a bank account take a one off levy of ten percent on their savings the e.u. is not keen on russia's involvement and cyprus is again on the bailout package after rejecting it and i'll sign first is reportedly on the brink of cutting a deal with gazprom according to the greek reports

a website now russia's gas major would provide much needed funds to be torn country in exchange for exploration rights for natural gas in the country's exclusive economic zone the potential plan would mean gas from undertaking the restructuring of the country's banks in exchange for exploration rights and natural gas in the country is offshore territories today i asked ivan cheaper off from when it was capital for his few on the potential deal. this is all speculation of this war just one of time it's number one number two that we should or should keep in mind is that in many cases cyprus does not have a lot to offer. that doesn't have anything else to offer to russia if a potential did use reach so i think this is one area that that might be interesting for russia as a whole and for a company like gus dur a bank we didn't know and forgot from as well we do not at the last year just for a bank bids for a four for a number of licenses in cyprus which which is an indication that these are acids

that just from banking just from as a whole might find it interesting so given given that given the history of it it seems to me that definitely this could be one of the possible avenues that could be explored if some kind of financial agreement a deal in of the day is region between cyprus and rush and interestingly as far as we know russell in exchange has looked for a list of rich russians who keep their money hidden in cyprus we'll be keeping our fingers on the pulse on that one now richard haynesworth from rust ratings says by suggesting the levy the european union has killed cyprus's financial system but european banking under threat and damaged relations with russia. it was definitely a measure aimed at the russian money in cyprus the deposits of a held inside purse were considered to be money escaping

tax regulations in russia that might be the case but that's a question for russia that's not a question for the european union to solve and also saying that we're going to take you know nine percent of russian money that said existing in banks in russia in cyprus to solve a european problem that's really stealing from russia in order to create to solve a problem that was created originally in greece so european problem what the europeans are trying to do is to solve it using russian money that is just wrong and so. the political and economic consequences i think of not been carefully considered de niro they may think oh yeah it's russian banks oh yes it's people avoiding taxation in russia you know we'll do we'll we'll help russia along and then they make this decision which has huge unintended consequences so russia is interested in making sure a cyprus survives the country's finance minister is now in moscow how do you think

russia may help cyprus to fresher is going to help cyprus what is the political. consequence for cyprus because the amount of money that the russian government has provided to cyprus has been in the order of what two and a half billion dollars. damage of this measure to the cyprus banking system is not going to be two and a half minutes going to be twenty five and fifty billion dollars because the russian government is going to have to find a way to guarantee the banking system of cyprus and if russia is going to do. that too in order to sustain side press then cyprus has got to provide a political for russia and so that's why i think at the moment the cyprus government says that they gonna stay in russia it's not just a question of two and

a half billion dollars it's going to be much much more was hacked it will now have on the relationship between russia and europe this is an ideal opportunity for russia to take the moral high ground all it needs to do is to say this is a very badly thought out decision. this has an effect on the russian economy that was never considered them was never consulted with the russian government. the regular appearances have already made themselves problems for themselves they've now created a very fundamental problem not only for cyprus but a problem that's come out have contagion make me today in spain and other countries in europe in other words. damage to the banking system as a whole damage to the idea that if you put your money enough buying say the relationship between russia and europe is obviously damaged but even

the russians are not the aggressors what you think will be the consequences of the whole situation the cyprus banks would not be drained of all of their money. and if they open up and whatever it isn't today style mostly they start everybody is going to take it up they'll shut their. doors again i think the. this situation is is going to kill the whole of the financial system in cyprus. let's go to the markets go to the u.s. ones gaining just there that's the head of the federal reserve meeting today we've also got the european markets to contend with as well cyprus we've got the situation in britain with the budget coming out today citing much slower growth we've also got the markets in check out as well we did end up with gains actually that's after two days of losses and see what the russian ruble ended up as you can see it did actually manage to get even against both the dollar and the year i

moving on them not everyone in cyprus is unable to get their fingers on their cash right now one smart pensioner has got the upper hand or should i say the upper finger are taking the advice of her son who lives here in russia the mystery lady has been taking out all her savings every friday for years and puts it all back in on the monday why because as her observance some pointed out with his little finger no doubt all the big banking decisions take place at the weekend. and moving on coming your way a decade after the u.s. led invasion in iraq r.t. in the former u.k. deputy prime minister at the time reflects on the campaign.

wealthy british style. markets why not. come to. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into kaiser report on our.

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it's been ten years since the war in iraq next year it seems pretty strange withdrawing from afghanistan and it provides a time perhaps for affection not just to look all at what's gone pos but also with the prospects of intervention in syria war with iran looming almost lessons can be learned from pos decisions when we look forward to the feature to help us talk more about this i'm joined by the full the deputy prime minister under taney no prescott thank you very much for joining us we're talking about reflections ten years on from the war in iraq what they were like ten years on not did it turn out the way you did it certainly didn't but then the important thing is what did we go into iraq war well saddam was an evil man there's no doubt about it but we're not the. train going on just going to another country and i don't like the. leader tony

blair had a very strong view that you should not stand aside when lots of people are being killed but i was always insisted when we discussed it it did have two of the united nations endorsement and that's what tony did hope to get the master about nuclear weapons that he used to have them before sundown certainly wasn't that to be found out intelligence was wrong but what is me now when i reflect in ten years is it not so much how i came to be agree with tony and then the process of change and it became regime change but when i talked about president cheney when i was sent over the top of that i mean this was a man who didn't get down what was going to happen about to go away we just really wanted to go in iraq to them mine president bush the father stopped to. kuwait had not gone in and dealt with saddam so all the americans you said to me it's business as usual and what they meant was basically unfinished business so to

that extent i was very alarmed and told. bring it forward now to the ten years it was begins to worry me all the move is it does seem and tony blair is saying that in the case of syria or indeed in iraq nothing is implications about that the feeling is you go we then to do the same thing now that's just wrong we're not learning the lessons of iraq it doesn't bring peace shocking or mind when militarily but the weeks that followed cause an awful lot of deaths among civilians when we're talking about me now with hindsight saying that the wall in iraq was wrong at what point even that whole face it will point to dean saying it wasn't the right thing today well the real problem is you discussing whether you should do it i came back and told tony the americans are go in him with or without riedel make the difference they're going in. and i said to tony that for it's almost regime change but we were already into the the. because we were the politicians remember

nearly two hundred people of our own people died quite apart from thousands and many thousands of civilians once you're in the war you get behind your troops you do not then have the arguments but now it's ten years on i'm looking at how i went through that process of change i think it's right to say now not to clear my conscience because i must accept the responsibilities for the part i played in that decision he had he come to accept that it's not easy people have died how do you do it even even to talk about british troops which nearly two hundred of them right or indeed the many thousands of civilian who continue to die even today in what is happening in iraq so it's not easy you do the best to make the decision to team a question now that you didn't speak up loud and telling people like well think they can hang on robin cook actually allowed the americans to bomb from u.k. bases in iraq before that was without the u.n. i understand rob exact amounts but basically looking back. i thought the decisions

were right to the stage there was another important factor in bush promised to bring in a roadmap for palestine and just the same policy america's the only one that's likely to have any influence on the israelis right a bush went further than twenty or even recognize a two state system and tony blair is out there still trying to achieve some of that but the americans failed in producing so each stage you look at each say yes i think it's worth doing you could settle palestine i do a lot of things to try and bring justice back into the for the palestinians it's a terrible situation we got that so each state and then the un tony thirty could tally the euro era nations a russian obviously was making clear that china as well so to that extent we didn't get the un where china made that decision. the americans make clear we could come out i've said that go in without as anyway. tony blair's not that kind of guy and

this point when we. we heard from tony blair the then prime minister he said this in the house of commons that he saddam hussein has existing and active military plans for the satanical and biological weapons which could be activated within forty five minutes of the famous speech that we heard you at the time i sat there in the video is that he's the prime minister at the time his right hand. on intelligence given to us told us about the nuclear weapons right they did after nuclear weapons when the israelis bombed the place that they were they were developing so used to have secondary use gas which i think is the point is that if the drama versed enough to kill thousands of kurds so it was a month for using. weapons of mass destruction he has a record of doing basically an evil man the question to me though is if the u.n. felt that he wasn't observing by the way the worst seventeen resolutions committed by the u.n. involving russia supporting the well so to that extent there was a u.n.

mandate tony felt you could act on that what he couldn't is the agreement the other security council would have a suffer motion on the intervention he didn't get the u.n. . the u.n. failed over a wonder it failed over certainly i want to talk about rwanda because he mentioned in your i think recently the fellow that was in part what happened in rwanda and made to face and maybe at the back a tiny place mind when iraq was happening when that decision was being made that he didn't want to have another situation where the world stood by to watch it's a critical fight said that the san francisco speech is actually repeated again since i only took two days ago and i said totally what you are saying in your speech you should still be able to intervene that is regime change whatever it is who decides the good to get to him it's if you kill your old people you don't have a right to be oppressive with your own people where is the line drawn. but then he

says we won't send in troops boots on the ground why because it's so popular leave out costly same in america now they want to use these drones to bomb people out there killing more civilians in pakistan than they are the alleged terrorists so you know it's like with him now carrying it so many thousands of feet in the hat and kill our food we want to kill them i mean when obama was sitting there. and says oh it's sat around in a table like a video game say kill him now change whether we don't he said he told to teddy bear just a few days ago and i said what are your conversations like now ten years old what is the discussion of the term is a generous man brave you know that you my views when we were going. but i'm a deputy prime minister i'm not doing the storm announcer no a lot what does he say about you a funny thing now that it was the wrong decision how does he feel about it i've said that and you know this is my view so it's no shock to him but ten years on

then say to him you committed the same mistakes in the speech you just made about syria i just don't agree with you tony i mean isn't oh no let me count the problem with the book it's the same defense when he talking about serious defenses quite clear that no new leader in the world has a right to kind of kill off its people in an oppressive way he feels tony blair because in fact scuffing very much feel that they were lied to the war in iraq he failed that he would like to see at the time assistant to the prime minister you say that when you read the intelligence information says that you accepted or not however the can you say no we know we had nuclear weapons before we know that he actually used them against people gas and weapons of mass destruction we know he had a lot and the intelligence report said yes he still got them. and then that became the first shot where they couldn't find any of it not that he didn't use them if he has them or not even if he had them the israelis bombed he didn't have and they were not we didn't know that when you're. if you get the paper you get

a report in front of what i'm going to say and that mistake cost hundreds of thousands of iraqi lives just took the easy option and you're asking me what i do i get me intelligence report that says he's still got what he's used before so we don't use them it's not just make it go and the intelligence report with the information given in that way says that now. even then i don't think you can unilaterally in to be without a u.n. resolution that was a strong wind always with tony always felt he could get it but he didn't get it right and he down could have pulled out if you want that was a judgment for him to make but once we've gone in you do not get into a bloody war politically when you don't people go out on for a very strong position as and say i'm willing to take it to zero may face at the time this happened it's one thing to think out here that that is wrong but i think the problem is just to prevent the mistakes being made again now. by either talking

about what happened behind the scenes think up and what can happen now what lessons can be learned been told it is fact i've said to the peoples and that's why our public about to say that i could easily say nothing. i'm not looking to be you don't get logic to say that by the way or having the decision wrong you don't become popular overnight for that but i am worried what's happening about syria they're going talking about iraq it's it's almost the crusades again the western superior values now have to be planted in these countries i mean at the end of the day want to be doing now we're providing the bullets protection for the rebels well the civilians are getting killed and being driven out the country and you cannot change iraq teaches which they would simply by getting rid of the leader doesn't bring a kind of peace and quiet no you've got religions that hate each other different medias come in and that's in all these mediterranean countries when. william hague

talking about arming rebel queens making sure that it gets into the right hands will listen to exactly the mistake well the certainly in regard to syria there is u.n. resolutions to try in the system help the revelation rather than get rid of saddam by affectively it's almost meaning the same so what you've got is a kind of civil war going on between those it's the center of what my top of the in the middle east well in reality we're going to have to live let in the people decide what they're going to do in egypt in syria in libya i mean the interesting thing is tony blair got gadhafi to drop his best men to nuclear would we invaded wouldn't nations have gone in libya lifted they got the bomb. because when they know when the lesson is learned like in iran if you want real security you have the bomb and then we say fear around us the bombs are gauri city of they're going to they well i'm afraid the western view tends to be the other goodies and

baddies with the bomb nobody was supposed to have the bomb after the agreements the nonproliferation india's got it pakistan's got it. seems to be have an israel we don't want to talk about but we got a bomb. and so this is a posse to a certain extent almost as i said in discussions with tony on the company. why is it then you're prepared to tolerate india and pakistan have an a bomb. why is everybody has to plead with china to go to north korea and ask them to drop. it you're arguing bumblings power influence the know that and russia is i mean we talk about affections ten years on from the war in iraq i think fifty we're told from afghanistan next year and we've got obviously the talk of going in syria on the table the thing this government is going to make the same mistake. that the previous governments mate i think there's a danger of doing that because it's motivated almost by the same things good people

stick together i'm afraid when you get through. the countries are not necessarily good them i will be bad be interested just to mention afghanistan that was the un agreement i saw all the intelligence reports to show whether the bombers and the terrorists were operating from and that was right. and they destroyed them but that was with u.n. intervention so we are only better off in afghanistan i just think year after ten years in afghanistan now will it not go back to it's always me looking like it will so they started the last of us to avoid be doing the crusades we did that a thousand years. this time the crusaders without boots on the ground with the public to say they don't want to but then you go to technology. and that still doesn't bring you peace and political stability thank you very much for that.

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