two weeks but strict limits still hard for people to get hold of their cash capital accounts of affectively quarantined cyprus and the rest of the e.u. will do so for at least another month lawrence freeman from executive intelligence review magazine told us it shows that the cyprus rescue has failed i don't think cyprus has been saved i think the people in cyprus believe that with which you have right now is the beginning of the end of the euro system the euro house is burning and there is no reason to have confidence in the banking system don't forget overnight they were shipping in billions of euros from germany into cyprus and then delivering them by truck because people couldn't live so if you don't have confidence in your banking system it's not going to work and the system itself the euro system is a failed experiment i was always opposed to it we should have nation states with their own sovereign system so this now has proven that it doesn't work and the

dictatorship from the european commission the european central bank and the i.m.f. to tell the people of cyprus you have to suffer as a result of this in a similar way the darling greece you're going to see this crisis in europe in spain in italy right now there is no government all of europe is in a state of collapse but this is just the beginning of what we could see on a global scale right now full for tonight business update next after the break. plans to create a war medal for cyber warfare have been put on hold by the new defense secretary chuck hagel but should they have been put on hold i mean hackers a drone operators do play a real important role in modern militaries and there are already u.s.

military medals for things that don't involve people shooting at you the antarctic a service medals given by the department of defense for service between fifteen and thirty consecutive days in antarctica although the cold down there is potentially deadly no penguins are going to storm the base with kalashnikovs the homeland security distinguished service medal has also never been issued to anyone on the battlefield because thankfully for america there haven't been any invading armies in the homeland so is there precedent for a medal like cyber warfare battles i mean yes just there is but when you think about it giving someone a medal for using a mouse to blow up blips on a monitor really seems to devalue the medals of the guys who are brave enough to storm the beaches on d.-day or slog through disease and sneak field swaps and vietnam so maybe for the sake of the prestige of the other medals let's just let the cybersecurity one go but that's just my opinion.

hello there welcome to business with me katie in this friday evening here in moscow . the golden days of million dollars severance payments to russian executives could be off to russian president vladimir putin proposed limits in the so-called golden parachutes after a former k.g.b. colleague was granted about one hundred million dollars when he stepped down as the head of metal giant no real nicole medina quote you know if a has the details president putin has put forward a proposal to introduce a limit on golden parachutes or severance payments to top managers of big companies

he says such measures should not just quote stop rest but we sensible restraint sions now the president's proposal follows a string of records soames paid to top russian executive's up from their resignations the elitist payment which really raised eyebrows belongs to ross telecoms president alexander provide the word of who received six point five million dollars after leaving his post back in two thousand and ninety president asked this media exam but i got twenty six million dollars but this is not the record the biggest compensation in russia's corporate history belongs to the former head of the north like you mr john paul ski who left last year with one hundred million dollars in his pockets now the axe for it see that all rees payments are legitimate as the airport of a contract between a company and then the employees now following the recent presidential proposal

experts now question whether it would have backed private companies as it would be difficult to work out universal parameters for both private and state owned companies meanwhile putting initiatives really follows. in the footsteps of many european countries were companies are forced to review their golden parachute policies the e.u. is also imposing new restrictions on bankers' bonuses for bidding bigger than employees annual salary and in switzerland people voted in favor of banning golden parachutes so it really seems to be becoming a global trend. the russian market is then finished up the we with a modest gains both the r.t.s. and the my sex finished up in positive territory by about thirty eight with european and u.s. markets closed for easter holidays giving no external drives.

and as we can see this is wholly russian currency performed in the russian both the us dollar and the common currency fell to the russian cars even even for extraneous is very thin on the ground as expected in the session today european stock markets posted that tenth straight month of days before closing up for good friday celebrations due to data showing that german retail sales rose unexpectedly in february banks reopen desirous without fines of panicky. for investors expecting a showdown wall street traders that will be tucking into an extra big easter egg this holiday also finishing up the trading week on a record high the s. and p. five hundred closed on a fifth consecutive month of gays to extend a four year rally now although the rally didn't she hit a ward in the last two weeks as the eurozone crisis developed with flight purpose

nearing a default and a possible exit from the euro bloc so with all these external problems in mind our with the federal reserve continuing to pump money into the system as well as little to mess growth why all the markets climbing so high well earlier today i asked. co-author of a gathering storm exactly that. this is being the equivalent of having a very very long party and every time everybody's tried to stop drinking you've had a situation where the head of the federal reserve whoever that has been at the time has essentially kept pushing everybody's heads back into the punch bowl and said drink more vodka drink more vodka keep partying well somewhere along the line the music has to stop and the difficulty is if there's not at that stage very tangible growth that is being pumped primed into the u.s. economy then we're going to run into a really significant difficulty and certainly looking at the rally that we're getting in u.s. equities at the moment of course we can't say anything but the numbers themselves

which are the u.s. stocks have been well i think we're fine we seen a record high in the s. and p. falling off from record i've seen the dog jones earlier in the month but the truth is the rally does look a little bit the mic volume has been remarkably low overall so far this is not a rally that's being powered by roll the surges of people wanting to purchase u.s. stocks and that must leave us somewhat worried for the future. friends president francois hollande this is the time in to read once the rich mr allen has made changes to his fellow proposal for a seventy five percent top tax rate instead of emptying the wallets of wealthy individuals businesses that pay salaries over one million a year as will be sent the tax bill his initial proposal caused outrage a certain friend. that he was a pole the south pole here found that his country of origin and adopted russian

citizenship to avoid a million dollar tax bill from it's your. that's a little business for now but up next here on on t.v. we sit down with a former chief of the iraqi intelligence services american office to stay with us about by now. admission free accreditation free transport charges free arrangement free. three stooges free.

download free broadcast plug in video for your media projects and free media. dot com. when you have nowhere to live. when you don't have a family. when you have no one to ask for help you can always count on. this man is respected by criminals and also as he is a like fields out it's complex and i was people like he used to be. for the homeless. it's a. cool.

the. i'm joined by mr salim jamali former chief of the iraqi intelligence services american office he's an extraordinary man who played a key role in providing the iraqi government with intelligence right before the invasion mr solomon you destroyed all documents after the war was over you burned

them at a safe house in baghdad but i'm sure there is still a lot of information that you committed to memory let's start with the pretext that the u.s. used to justify the invasion they claimed that iraq had ties with al qaeda is it true or was it just a pretext. of course america did everything to prepare public opinion inside the u.s. and internationally for the war against iraq there were two major parts to this work us trying to convince everyone that iraq had weapons of mass destruction and that it had close ties with al qaeda and terrorists in general and the one nine hundred eighty s. we did have certain relations with some organizations but in the ninety's we received orders to stop all contact with any organization that had terrorist connections talking about ties with al qaeda george bush said that president saddam hussein had sent his envoys to meet with this summer bin laden but he never mentioned what the result of that meeting was we had connections with the muslim

brotherhood in syria they had connections with some of bin laden it was in sedan at the time we got permission to establish that contact through the syrian muslim brotherhood message to some of bin laden was we all were against the american presence in saudi arabia we had the same enemy therefore we could work together undermining the saudi regime and pressuring it to remove americans from the arabian peninsula then we got a reply from bin laden he said the baath regime in iraq was a pos eight and that it was because of the iraq regime that the americans came to the middle east therefore he couldn't have any contacts with this regime that there were other attempts to establish a connection that a some of bin laden's position never changed americans also contacted bin laden they were the ones who transferred him to afghanistan to fight against the russians with the horse janja if bin laden refused to work with saddam hussein does it then

mean that it was the u.s. who cooperated with al qaida and not iraq one. i would not define it as cooperation though as it was later revealed they did have contacts they coordinated their actions and supported al qaeda as fight against the russians and the soviet union when bush said that sadam hussein sent an envoy to bin laden he didn't talk of the results of that mission so formally his statement was true but in terms of the meaning he was wrong now let's talk a little bit about the weapons of mass destruction in iraq really have these weapons as america claimed when it invaded the country. one more thing about al qaeda before the war against iraq the u.s. media talked a lot about abu musaab now is that kerry who allegedly was in iraq and had connections with the iraqi regime we searched but didn't find miss sampson we had no connections with or al qaeda there was an attempt to establish

a connection with the taliban through one of the ministers who was in pakistan from iraqi intelligence proposed this but foreign minister tariq aziz said that it was an unstable regime and it wouldn't benefits iraq to have relations with it did iraq actually have w m d that could threaten the entire world or the region where. they fabricated a certain problem analyzed it and drew their conclusions based on that the data that they received from various sources was untrue this was their attempt of swaying public opinion in terms of the intelligence operation iraq was a closed country and they obviously had no sources within the country that would have told them the truth so they relied on other sources that fed them lies such as for instance photos of trucks portable labs which according to their allegations were used for producing chemical weapons that they were actually used for checking food products supplied for the government but they took photos of those labs and presented them as units for producing w m d but what i am absolutely convinced had

the americans had an iraqi source that was telling them the truth they wouldn't have done what they did. in spite of having problems between the cia and the national security adviser it wanted to impose her opinion by making certain changes in the cia reports in the counter intelligence business you should let the opponent have its sources inside your country who you keep under control you should ensure that there's a certain information leak to the extent you want to have it before the war in our secret communication we confirmed that they convince the world in the need of entering iraq in order to resolve two major issues w m d and ties with al qaida but what would they tell the world if they invaded iraq and didn't find w m d's or ties with al qaeda while you may have noticed that the entire talk was held in a different key after a while they changed the entire plan and they said they were pursuing democratic goals in a rug and once chaos began in iraq they called it constructive chaos seize the

entire arabic region in their strategy they believe that america would rule this whole area once they overthrew saddam hussein but it actually worked out the opposite way when chaos seized the entire area. were you prepared for cooperation with the international community for instance with europe or the u.s. in their counterterrorism area. we were and we sent a number of letters on that matter in one nine hundred ninety three a truck full of explosives drove into the world trade center that attack was developed and executed by an iraqi american who came from samara iraq this man fled back to iraq following the attack the iraqi intelligence detained him and put him on trial we were willing to extradite him he was an american and we had no right to keep him but we wanted to have guarantees that the extradition would take place within the official framework but often when handing such a man over both sides are supposed to sign statements of transfer and acceptance in

presence of an intermediary we drew up those statements which were very explicit and the americans refused to sign the acceptance statement. and the only reason they did that was to claim that iraq was reluctant to cooperate in the war with terror that's right. it is said that you've penetrated into the us department of defense is that true we have recruited a high ranking officer from the united states department of defense however not all of this information was genuine a part of it was supposed to mislead us this officer even unveiled the general scenario of the war with iraq the us military strength in turkey information about troops and counter intelligence in countries neighboring iraq such as saudi arabia and the gulf arab states he was the one who confirmed there would be no attacking from turkey guided by this information we relocated the adnan division from the mosul region closer to baghdad thus fortifying positions of the troops around the city the u.s.

counter intelligence suspected we had a source in the department of defense and was deliberately exposing tons of all sorts of information but we knew which of the information was true we had information that the americans would invade as soon as they amassed seventy five thousand troops in the gulf about a month ahead of the invasion we sent a report to the command staff informing them that the american forces stationed in the gulf had swollen to seventy three thousand in strength coming close to the benchmark for launching the invasion at the same time the americans were faking leaks to make us believe the invasion would start somewhere in april may but we were certain that this would kick off any day now. does that mean that the leaders of iraq actually had a chance of avoiding the war. we were positive that they would be war the american media propaganda machine had been blatantly manipulating public opinion internationally and inside the united states it was already too late for them to call off the war effort and for us it was difficult to sway public opinion after

nine eleven there was a missed opportunity here prior to the nine eleven attacks it was still possible for us to come to terms with washington by making some serious concessions but after nine eleven with the us administration and especially the department of defense becoming dominated by hardliners we found it increasingly difficult to deal with the americans we had the american jewish lobby to thank for that as they were investing serious efforts in toppling the iraqi regime or what about the high profile decision makers the group of new york conservative decision makers who are responsible for starting this war. and i've already mentioned those who are officially in charge of the war richard perle colin powell donald rumsfeld on top of all of them dick cheney and president bush but the policy advisors i'm referring to were a group within the defense department effectively assumed the role of intelligence

national security community the state department and so on during the period in question strategic decision were made exclusively by a single institution the department of defense the department of state of jet did to their war plan and so did the cia the cia told the pentagon toppling the iraqi regime is the easy part but wants your scenarios for iraq once you remove saddam hussein the d.o.d. replied just lead to save or throw him and then everything will stabilize but that's the kind of mind frame that dominated the american war effort there was no sustainable long term strategy and that's why it all ended in chaos now look what happened to iraq after two thousand and three with war in the americans that if the regime would fall iraq would devolve into a jihadist stronghold and iran would expand its area of influence across the gulf region it was us who checks terrorist activity and contained iran's quest for regional domination i'm sure that all of our messages and information did reach us

decision makers up to the very top. or did the iraqi leadership believe that america would stop short of starting the war because of its program attic policy and little interest in wrecking havoc and endangering its allies in the persian gulf. and. i think our leadership believed that the us administration could foresee the implications of toppling the iraq regime that the american administration would do something as stupid as letting the iraq regime fall and allowing al qaeda and iran to spread their influence across the region was totally inconceivable authorities thought that the wall wouldn't last long and that afterwards the us would put forward so. conditions and we would say yes but no one had expected americans not only to crush the regime but the whole country as well in such a brutal manner they even went as far as damaging their own country they lost people and money it's those wars that sparked the economic crisis that are going

through now no one had thought that americans would act so irrationally so the whole. you may refuse to answer this question but i will still try and ask it a few days after the attack you were arrested by american soldiers. did they try to make you speak or find out about your sources in the us on april the ninth baghdad fell on april the twelfth i set on fire all the archives we kept on the us western europe and asian countries. so i think it was how long did it take you to burn them and what a. total of four days after i took the decision in order to burn these files there were tons of documents but i made sure they were all destroyed on april the twenty second i was arrested those guys wanted to make me speak and his book the cia director write that they had successfully located an important informant in the intelligence the pilots were told to get ready for an airstrike we insisted that we

needed him a life that was important for us here they broke into my house at five in the evening did you consider attempting an escape. i know i was sure i would get caught no matter where i went i was responsible for the archive on the us i had all the information i wasn't worried because the archive had been burned and words are just words. let's talk about a sensitive subject. did you really try to bribe mr el baradei. you know i work for intelligence and ninety percent of intelligence work is illegal it's true for all intelligence services around the world if you always observe the law you won't be able to work for intelligence we encourage el baradei to tell the truth in which case the americans would have tried to get rid of him if they had tried to do that we were ready to take his side and support him all he had to do is tell the truth and they would have be no need to worry about his position or financial security eventually this plan was discarded so you're not even sure

whether mr el baradei knew about this deal yet with no i don't know that for sure. and finally in my last question were there any cases of treason within senior military command not too much as far as i know there were no such cases i'm absolutely sure of it the military command remains united but last minute changes to our battle plans led to the destruction of three republican guard divisions that were moving to cut into the rolling american columns as they stretched along the western bank of the year for eighty's of course we had no support from the m. they were able to tap into our communication so they focused on that they managed to recruit a communications expert from special services who knew how the communication system of the prisons back up residences works was he an iraqi yes he was an iraqi when the door a neighborhood in baghdad got hit this person vanished without

a trace thank you mr solomon. wealthy british style.

markets why not. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into kinds a report on our. play. it. took.

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