russia condemns the use decision to let its embargo on syria expire calling it a heavy blow to peace efforts and the upcoming international conference on the conflict. britain's home secretary six more surveillance powers for five after it's confirmed the intelligence agency had enough information to prevent the daylight slaughter of a british soldier. vigilante executions are spreading in egypt as security worsens citizens are being encouraged to turn over alleged criminals but more dishing up their own deadly justice.

international news in comment line from our studio center here in moscow this is. the doors to european weapon sales to the syrian rebels will open on friday when the e.u. arms embargo on the country expires a push led by britain and france the union failed to agree on extending the sanctions some european countries and else sounding the alarm over the prospect of weapons falling into the hands of islamic extremists is. now reports. you can say that it was the win for france and the u.k. have been pushing for a lifting of the arms embargo on syria all along you have to know that at the same time all other sanctions particularly the economic ones remain in place and that means that every individual european state will have to decide whether or not they want to proceed with this shipment of arms to syria who have behaved already said the lifting of the arms embargo is the only way to end the crisis which has been ripping syria apart for more than two years at this point having said that we have to remember that even the most of the e.u.

countries there's a strong disagreement on whether or not it is actually a good idea to lift the arms embargo of countries like sweden netherlands in the czech republic believe allowing weapons shipments to syria to the syrian rebels will only intensify the bloodshed in the country certainly concerned about where exactly those arms going to end up then are they actually going to be in the arms of the so-called moderate opposition or will those weapons end up in the hands of some of the rebel groups who are being supported by al qaida terrorists or known to operate in syria ironically well while the e.u. foreign ministers were meeting in brussels the russian foreign minister as well as the u.s. secretary of state were meeting here in paris and their efforts were directed at a peaceful resolution of the conflict john kerry and sergey lavrov have agreed that they will exert pressure on different sides of the conflict that is moscow will work with the syrian government whereas the u.s. will try and make sure that the syrian opposition also attends the geneva peace

conference which is due to take place sometime next month of course even though the peace conference efforts are continuing we have to understand that this lifting off the ban on arms embargo to syria is opening an entirely new phase in the syrian conflict it could be spelling out a potential disaster which will only intensify further bloodshed in syria. or fears of an outbreak of killings in syria once fresh supplies reach the rebels are based on what's been happening in the conflict zone in the past two years syrian activists have been monitoring surges in violence and time and time again they've been tied to an influx of arms from abroad according to these figures you see here on screen which r.t. aired earlier this month casualties rose sharply after the first shipments from qatar reportedly arrived in two thousand and twelve in the sharpest increase came when more advanced arms were allegedly delivered a few months later reaction now from london based r.t.

contributor afshin rattansi action how might european governments justify supplying the rebels with weapons which of course this is a governmental body and it's against international law or according to russia's foreign minister there's obviously no justification whatsoever and the european union leaders over the past few days were saying the e.u. is a peaceful organization i think many diplomats around the world have given up on that what we need now maybe is ban ki-moon of the united nations to come out of the united nations is a place for peace because this is obviously england and france to be doing the supposedly american russian plan for june geneva talks to settle this in talks rather than war but as far as i understand it obama on his way for americans and the commemorations. there are reports in the past hour of jay carney saying he welcomes i.e. the white house welcomes the fact that the european union has lifted the weapons in

bargo on syria so all happy about arming the islamists in syria now in what way would this torpedo the forthcoming geneva conference hosted by the u.s. and russia. it's a good question bonnie because the six days of talks in istanbul among the opposition groups seem to be failing disastrously i suppose if you're in a room with what isn't george sabra general salim idriss. already said he's disappointed it's not going far enough the you should be sleeping off their weapons right now forget about the friday deadline you know i think the opposition is so divided i'm hearing that anyway they were going to come to the talks and that their sponsors saudi arabia and qatar are fighting over their different elements within the opposition the christians are getting a look at it and we got to remember the financial times reported only in the past seventy two hours that was doing fifty thousand dollars for each incident and spent

a billion dollars in the past two years. these people would just be britain in front of the opposition were they ever going to be there and what was john kerry's a role there with his negotiations with a level of kerry's already saying. this power over three hundred state department in the past few hours how these talks going to happen. britain and france are saying against that argument that the weapons could end up in the wrong hands they're saying they can monitor they can make sure that it gets into the hands of more genuine. military commanders who are uprising against the sad are you not convinced by that fact that these weapons won't necessarily get into the wrong hands. such as these i mean that is plainly absurd but then the kind of absurdities we're hearing from paris and london they they get weirder every other day no the point is right now the rebels the u.s.

and nato are back rebels in. they have they lost their in the battles in a rage over the past seventy two to ninety six hours and there's about to be a massive force against a massive force against aleppo and to regain aleppo by the assad government and of course we also have the russian s. three hundred defense system with israel now coming in and three dead lebanese soldiers with veteran foreign correspondents like robert fisk warning that lebanon faces a disaster of nine hundred seventy civil war proportions it is spiraling out of control and paris and london are doing their best to make it spiral out of course reverse a lot of the saying this is a serious message now to say that this is a stick to him but perhaps this is not a carrot for the rebels because if assad doesn't turn up at that peace conference or his representatives don't if he doesn't adhere to any peace plan then britain

and france are actually saying yes we will on the rebels so that maybe gives a cause for the rebels just to say well we're ignore any chance for peace because we're going to help after that if it collapses. if that's what the foreign office here are thinking in the. hague a series of things like that i mean that's not the way it works we have a quote here general salim idriss very disappointed we don't have any patients anymore their people are old defecting to the brigades that obama put on the terrorist list and basically they're in disarray already so the fact that they were going to not they said they didn't want to come to the level of kerry arranged talks even before the race to give them an embargo. oddly interested any kind of peace are they interested in carving out bits of syria in ways that they're proxy leaders saudi arabia and more interested in is now becoming a fight between those two. it's a very complicated situation that london paris and waded into and of course has

been said many times the blowback will be appalling and what's even sadder perhaps is the opposition parties in london and in paris more vocal against their governments about the possible blowback perhaps the only good side to the story is brant crude here if you like on drug london brant crude went up two percent because that all of israel the russian economy and the iranian economy but otherwise for the people in syria is a desperate attempt and i think the war in aleppo we should expect that rage all the more in the coming days action thanks so much we actually were times he life in london. well. the decision just talking about to drop the syrian. saying it's counterproductive towards finding a diplomatic solution the move. international conference on syria. joins

us live now for more comments come from russia's foreign minister how do they justify a position. that the european union. rebels undermine. including the most recent ones concerning this. next month in geneva for the first time international community was about getting. peacefully. now the result of actually the possibility of it taking place or in question and also. the whole idea to supply weapons to troops. to any state or rebels. against all international laws

and is russia taking any direct action in response to this. counterbalance. to. moscow will ship. three hundred. reached back in two thousand and ten before the. even. that first of all if this doesn't go against any international laws and regulations and secondly the air defense systems could be used. for attacking any civilian objects.

despite the fact that. thank you for that. website has more stories. including. a prominent regime. covering. these border details. hundreds of protesters rallied in london the monday after the cold blooded murder of

a soldier last week ten people have been arrested in connection with the case and a new force has been set up to focus on radical preachers. the first time the home secretary theresa may proposed the data and communications bill came under so much criticism from civil liberties groups and even the deputy prime minister that the government had to scrap plans for its implementation but after the killing of an off duty soldier in south london last wednesday it looks like the so-called snoopers charter is back in the spotlight secretary theresa may says it's essential that police are granted the power as to access data communications in order to tackle terrorism that means being able to view citizens skype histories web browsing and email histories whether or not such a law would have prevented the killing of lee rigby is up for debate both suspects

were already known to intelligence agencies for their extremist views but would both deemed safe enough to continue their activities one of the suspects michael audible large reportedly handed out extremist literature on the streets of london and was even arrested in kenya back in two thousand and ten for trying to travel to somalia in order to train as a terrorist at the same time the home secretary to reason may says that police needs to be given the tools they need in order to fight terrorism but considering that british intelligence had all that information about the willage suspects already many here are questioning why the home office didn't just use the tools they were he had. seen london reports say one of the suspects in the brutal killing was considered a low risk by five despite numerous warning signs dating back as far as two thousand and three of us a journalist tony gold ring says these revelations raise only more questions about the efficiency of british intelligence. how did these guys who were right at the

very top of the terror watch list their x l maturin people how on earth did they not get spotted preparing for some kind of terror act and what was the car bugged for example this is one question that hasn't been answered m i five have gone very quiet on all these kinds of topics they've got something like four thousand staff m i five and if they can't keep an eye on the people who are very top of the watch list then there needs to be a real shake up the oversight of the security services really needs to be looked at there isn't any proper oversight and what these intelligence services seem to do every time is to hide behind the veil of national security we can't tell you what's going on even the inquiry that's been instituted into the failures of what happened last wednesday is going to be kept entirely secret and i'm afraid it's time for them to come out from under their shells and get a proper looking at so that this kind of thing really can't happen again and they're not going to play this game could assure you of saying we need more money we need more power and we need more surveillance of the general population because

they had all the laws they needed to stop these people doing what they did last wednesday you don't need any more power whatsoever. preparations are almost dusted in baikonur has the clock the latest space launch from the steps of kazakhstan the next mission to the international space station will be a problem for the orbiting complex and just over a couple of hours from now and l.t. is rory so she looks shortly plus we'll bring you the launch live. also we take a look at cambodia's real fashion victims police round workers seeking a decent wage befitting the west's trendy wardrobes but still to come.

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news continues here on our team killing alleged criminals are spreading across egypt to fuel but unemployment at a clinic security vacuum or the officials asked citizens to apprehend lawbreakers and hand them over angry crowds are instead taking matters into their own hands bill true examines the country's surging crime rate. andree crowd viciously drug a young man through a street sets his corpse on fire and strings that are video clips like these have become boringly frequent in brule egypt since the revolution two years ago as citizens increasingly take justice into their own hands. a thirty one year old civil servant from the nile delta is one such victim he was brutally murdered and hung from a tree in broad daylight. the crowd thought that he was a thief because he's mentally ill the first blow came from behind on the back of his head and then part of his skull was hacked off the second here it was to his

chest and they caught him open arms sabriye story is not unique since the two thousand and eleven revolution have been at least seventeen similar lynchings in this region alone security forces for their part say they are able to control the situation particularly when entire villages are involved in these bitter lanty mobs rights advocates like karim and nora say they lynchings which are on the rise are symptomatic of the state's continued failure to provide security and justice. increasing cases of lynching and communal violence and people taking just isn't on hand but it was a very visible sign of just increasing lack of face into. his level face into the criminal justice system and obviously people in egypt have always had a negative inviting relationship with the police and a not very good relationship with if they should leave it that has even become worse after the revolution officials from the ruling freedom and justice party and

the police admit that the authorities are reluctant to confront suspected mob killers for fear of backlash however local party leader ahmed shah hearts who personally knew one of the victims maintained security is improving post revolution egypt has experienced one of the best revolutions in history. the country is being healed very quickly we're almost in a stable situation there will be security we have a plan for the economy and security of egypt this is little consolation for the families of victims like i'm sabri who have seen no justice. the local security chief said just give me one leg arrest in twenty four hours now most often has been dead for fifty days and security director has done nothing. against the backdrop of escalating civil unrest off the revolution many fear this violence is here to stay and that the worst could be yet to come true for our team show came.

on top of growing vigilante actions there are also the constant protests against the leadership of president morsi and his muslim brotherhood party. government activist while it's going to things egypt faces severe economic and social decline as the ruling elite obsesses over maintaining power. the great danger right now is that no reforms are done the greatest danger for egypt is the collapse of the economy and. the people revolting and the government not being able to sustain the rule the society needs to be based on justice in whatever form it takes where the resources are given to those who need it rather than the elite we have we have a horrible social security net if you don't want political unrest you have to feed people you have to give them shelter you have to solve their problems. this is not been the case for for the muslim brotherhood they are just sort of defying their

rule and they're not sharing power with anyone if they focused more about solving the problems collectively in egypt together with all the parties involved they would have a bigger chance but at the moment they're just trying to monopolize power. so what we need to do really is just focus on the real problems and get everyone together to work on them whether they're economic or political. india's rape scandals are seeing authorities clamp down on provocative window displays mumbai officials are banning mannequins first only on the way to rid the male population of pure thought reports online. plus china's alleged cyber spying puts u.s. defense forces on alert the pentagon flames beijing's obtain designs for dozens of cutting edge american weapons systems saving them decades of doing their own research.

their stories online at the moment for you now police in cambodia have you stunned battens on close work is protesting for better wages at least twenty three wounded around three thousand staff mostly women blocked a road outside their factory which makes clothes for sports where john nike professor from the school of international affairs i spoke to a little earlier he says people are being forced to resort to extreme measures by the government. you're witnessing a state of increasing disparate of working people in asia in countries like cambodia and of course the most infamous one of the dear people are being pushed to the beach with cruel and inhuman inhumane practices in industrial sites and this is also having a larger market national enterprise a lot of the church is based in the western world so the global supply chain which is providing cheap clothes and other items for middle class consumers in the western world is basically one where at the bottom you have this kind of extreme

brutality and violence that's being meted out to workers and so they're being squeezed literally like a pincer from all sides therefore they have to resort to the sick measures in these cases in the apple industry you've seen in bangladesh we seen you cambodia this it reached to the bottom students are trying to side of multinational corporations against their own people and this is a form of exploitation that to that had been predicted long ago but you could be seeing it in front of what i see is globalization is worst feat. iraq's prime minister is going to wipe out all active militant groups in the country reacting to two bloody days of terror in the capital and these five people and many more wounded when a minibus exploded in the sheer district of follow the day after a series of blasts across the city killed more than seventy sectarian violence has been on the rise since the u.s. withdrew its troops in late two thousand and eleven. the world health organization has suspended its polio vaccination campaign in

pakistan's northwest and city of peshawar it's after one health worker was killed and another left critically ill after they were short while vaccinating people the taliban has long opposed the un backed polio drive in pakistan calling it a western plot to sterilize muslims what is done is one of only three countries where polio remains endemic. across the border in afghanistan's restive province of kandahar seven policemen to be murdered by former colleagues two officers had defected to the taliban months ago but it recently rejoined the government force they were accepted back but fellow officers fell asleep the to open fire and killed the group taliban attacks on afghan and nato forces a column with the insurgents volley campaign to win back power over the in stable country. emergency crews are struggling to contain a fast moving wildfire in southern california the flames broke out of monday

afternoon and of quickly spread to over seven square kilometers of land with winds of up to thirty two kilometers per hour thousands of people have been evacuated from the area including dozens of residents whose homes are under threat by the blaze. it was time for the next crew swap the international space station a couple of hours a soyuz rocket will blast off from baikonur in kazakhstan taking with it an international team making their final preparations. is that. we're not that far off from the russian soyuz of blasting a traditional three man crew up to the i assess it to be led by the russian commander in chief backed up by the american astronaut. second time to the i assess but new look up from the european space agency his first time to the orbiting space lab but he's got at least two spacewalks to do one to try and repair a camera on japan's keep but also to try and repair the i assess for the hopeful

soon arrival of russians and the multipurpose laboratory module as well now our karen nyberg the american astronaut her second time to the i assess to spend six months or so away from her husband and a little three year old boy as well. daily internet protocol phone call so she can chat with her family and once we do a live video conference call so the blast off is twenty thirty g.m.t. on tuesday that will actually be a two thirty am launch on the wednesday from baikonur with a dark sky the late night launch it should be a backdrop for such a launch indeed and only full orbits after launch for orbits around planet earth than a six hour flight to the to meet the remaining three members of expedition thirty six that would be on the i assess for quite some time at the height of three hundred twenty for a moment as above our heads a speed of nearly twenty eight thousand kilometers per hour it's going to be a wild ride an incredible view as well do join us here or not see the live

broadcast with me rule re sushi at twenty thirty g.m.t. on tuesday reporting here from what i can all hope to see you. yes make sure you join relate to. the tensions here in the studio with the latest business to touch britain's biggest banks talking about cutting about what two hundred. things really the. well that they would say of course they're cutting the jobs to become mean and lean but their critics say their entire business model is very outdated all of the details in the business bulletin ok things. a u.s. senate committee has passed a bill that if signed by obama will allow the u.s. to put a lot of weapons into the hands of syrian rebels this seems rather odd because many

of the factions that are revolting seem like bad people to be arming in fact one rebel faction al nasra which according to the guardian is an islamist organization with links to al qaeda is quickly becoming the most powerful rebel faction of all of them the b.b.c. even declared that al nasra has been designated as a terrorist organization by the us government itself as it started something like a bad idea to ship weapons into syria on american taxpayers' dollars yet let's just pretend that somehow all these weapons will magically not fall into the hands of al nasra well the free syrian army is that much better they seem perfectly happy to use rape and beheadings and genocide against christian alawite minorities with great glee to get what they want arming radical groups always has blowback if you remember back to just the one nine hundred eighty s. the u.s. funded and armed the taliban and those mujahedeen fighter guys and look how that turned out the u.s. government seems way too eager to arm radical foreigners and disarm average americans when they should be doing the exact opposite but that's just my opinion.

it's exactly half past ten here in the russian capital and you're watching the business program with me that i shan't. britain's biggest banks are planning to cut close to two hundred thousand jobs by the end of the year bringing the total number of employees to a nine year old the banking sector revenues took a major beating last year compared to their peak in two thousand and eight and the so-called big four that includes a royal bank of scotland lloyds h.s.b.c.

and barclays are trying to adapt to the changing environment but the banking industry's critics say it's the very model that's out of date that becoming meaner and leaner is hardly going to help here's patrick young of d.v. advisors. well what it says about the banking industry is the part that actually the high watermark for banking was two thousand and seven two thousand and eight the problem is that banks are a six seven hundred year old institution affectively finding planck's the double entry bookkeeping in general in the middle ages another days they're just out of did the internet is effectively doing their business model in peer to peer lending is growing exponentially and ultimately banks are horribly hideously expensive and inefficient at what they do and when we find in the internet age there is a business that's inefficient and expensive to operate it then ultimately it gets destroyed by digital competition so does that mean that as well as the banking

industry tries to move away from the brick and mortar branches we're going to see more job cuts going forward oh absolutely i mean the problem at the moment is i mean look at the u.k. i mean they've just announced the better part of two hundred thousand job cuts will it affect service within banks well probably not because actually pretty frank service is rubbish utter rubbish they're fundamentally inefficient at most of the processes they offer if i told them at least they've been operating for twenty thirty fifty years in a status where essentially they believe that they were the people were wrong to whom the universe through to or to the difficulty we have now is they're going to have to cut stuff wholesale because ultimately branches are a very lovely very sweet terribly dickensian notion that just aren't going to be around anymore but the difficulty for the banks is it's not just by putting your business online it's about fundamentally reworking your model the banking model is

invalid this is an economy where people want to deal with each other they want to go through e-bay through amazon through peer to peer lending through those sorts of channels and ultimately they've come to the conclusion banks are very expensive they're a law. the service why do we need them so you don't really believe that the banking industry is going to change is going to accommodate and move toward a leaner healthier future the banking industry is going to move towards a leaner future there will be some banks that are undoubtedly going to survive but really we're banking is right now it is somewhat like a real deal when about nine hundred thirty we still love to listen to the really are these days where we're in the shower or sheer big or something like that but the truth is we all know the medium of knowledge is television it's a vision people want to it's the same thing with banks the banks are effectively passe they will survive but over the course of the next fifty years they are in

a massive long term decline. within the financial sector do you see that happening with other service says perhaps well i think it's very interesting and if you actually compare a lot of other services if we look at something like say stop broken if we were to look at about twenty years ago stockbroking was a very expensive yet you go namo to a multitude of online brokers whether they're in moscow whether they're in new york wherever in the world and they can actually offer to deal in the financial markets of the rest of the world for a matter of a few dollars for thousands if not millions of dollars worth of stock and the the problem but the banks fundamentally harvest your phone up your bank right now and you go to your branch you eat and you go online and you try to transfer money from one country to another and it costs are not rigid mind of money fifteen twenty dollars just in order to transfer on through maybe a few hundred dollars to this in the street is factored in

a fish and it is totally completely and utterly i didn't do it it needs root and branch reform in every possible vestige of its existence. and let's now a check out the equity markets on wall street a rise in home prices the biggest and seven years is driving. the bull market the major indices were putting on roughly one percent at last check it's the first trading day of the week since they were closed for a memorial day on monday all the european bourses investors showed higher appetite for risk the major indices ended the day with gains of roughly zero one and a half percent more than one one to help percent for the footsie and more than one percent for the dow london's footsie reopened after a bank holiday and as i said it was doing pretty well now moving on to the currency markets there the euro was trading lower to the u.s. dollar and here more still as you can see the russian ruble is mixed to the major currencies. and when it comes to the russian equities they rose for the first time

in about four days of banks mainly to consumer services companies including the country's biggest retailer and high oil prices boosted gals from and other energy producers the indices did quite well russia's largest airline air flights could soon buy out its main competitors namely seven trams are all and you tear according to that of a c. daily the government wants to strengthen its flagship carrier before its shares are offered to the public the offering is slated for twenty sixteen the sale will be part of a plan to raise more than thirteen billion dollars through state asset i.p.o.'s buying out its rivals would of course boost the company's capitalization benefiting its main shareholder the state but what would spell for consumers a disaster according to the head of and for news the agency alexei has brought over . yes. there is no doubt that

a merger of these companies with the air flawed will be catastrophic it will be a setback for russia's airline industry for many travelers there will be no alternative to araf lot and we know that the government will not allow foreign carriers in russia and they won't make s. seven a budget airline it will just be swallowed up by air flight so ticket prices will be much higher but the government is not very concerned about this they don't need to look for cheap tickets and stand in lines to get them. and that's the latest from us in business up next r.t. speaks with a dutch political leader on a party's drive to empower the people and keep the state and check.

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market. can. find out what's really happening to the global economy with mike's concert for a no holds barred global financial headlines kaiser reports. more news today. the full these are the images the world has been seeing from the streets of canada. today. to cool. olympos.

limit. the speech. if you. wish. cutler. the bomb is so good. just see. it and. come out front of me a little. live

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it's been said that in life only two things that guarantee death and taxes and my guest today has some issues with one of those i'm joined by two on monday as the leader of the libertarian party of the netherlands thanks very much for talking to us now for our view is that might not be completely ofay with libertarianism what is it that you stand for it's a political philosophy that wants to maximize individual liberty and minimize government we believe in self ownership would leave that every individual on his own life his own body the fruits of his own labor and that these are fundamental human rights that nobody should violate including the government so if libertarianism is trying to pay as little tax as possible deal face up in

a situation where we get what you pay for well there are many reasons why we are opposed to taxation the first reason is a moral reason we believe taxation is immoral we believe that every individual has a right to his own life and therefore rights to the fruits of his labor or it was property and that it is morally wrong to take somebody's property against their will and that is what taxation is taxation is legalized for foreign of robbery what changes would libertarianism bring to europe. well first of all would have a lot more freedom it would mean that people would now control their own lives they control their own destinies they can decide for themselves what it is they want to do with the fruits of their own labor their longer have a government that's taking half of what they earn what we get what do we get a return we get streets we get we get highways filled with traffic jams we get hospitals with waiting lines we get schools that are very expensive but the quality

of these schools is not all that great we get. an army of bureaucrats whose job is to make new rules and they keep making new roles all the time what are the main problems facing europe right now. the problems caused because. of our financial system because the government has created the monopoly of government employee of money creation there was a time when money was gold and when money was gold and good money was gold coins there was no inflation there was deflation in fact one one coin of gold could buy you more and more over time because. there were the production levels are rising much faster than the amount of gold in the world and that in those days there were no. the pressure there were no big recessions that started when the

money story started changing when people took their gold to the bank and received. in return a bank note or research or received in return and accounts with a credit in the account when that started happening banks became. influenced in the sense that they they received an incentive to start handing out loans to people that weren't actually covered by gold they just created money out of thin air and that's what caused. inflation. and then some banks started to go bankrupt their bank runs when people found out that their bank had created so much money out of thin air that their gold backing was so low that it became a risk to put your money to keep your money in that bank and when that happened banks are lobbying with the government to create a central bank and the purpose of the central bank was to make rules that all

the banks now had to follow as to how much they could inflate how much money they could print out of thin air so that with that all the banks would inflate together at the same rate so that the risk of bank runs would now disappear and that's what's happened and as a result inflation has become rampant if you look at the value of our currency today compared to the value of currency hundred years ago. about ninety nine percent of the value of the currency has disappeared and that's because of inflation and that's that's because the government has allowed bangs to create money out of thin air it's a government issue privilege to the banks and the banks are happy to to take advantage of it. and of course government is not the creation of money now only the central bank has a right to create money and central banks do what is called quantitative easing which is a very nice word but it really means is. is is creating money out of thin air in

a way you could actually call it counterfeit money because what is counterfeit money it's money that isn't backed by anything that's just a worthless piece of paper but that's what the government is doing to us and we all understand that counterfeiting is a bad thing and why is it a bad thing because the count of fit or get something for nothing. and all the people who have save money lose outs when counterfeiting. is allowed to occur and a lot of people start counterfeiting what it means is all the people have saved their money are now losing and the counterfeiters are getting something for nothing and it's very distorted because people now receive an incentive to become kind of critism selves right to do productive work but that's exactly what the government does with central banking government has now monopoly in counterfeiting they have the right to create money out of thin air just worthless pieces of paper and as a result all the people who saved money. are watching their savings disappear there are savings become worth less and less and the and the government is getting

something for nothing and it's very distorted because now a lot of people stop doing productive work they start working for the government or they start selling services or products to the government they can become part of the military industrial complex to make money off government so it's a very distorted process and not only is the distortive but it creates the business cycle because when central banks inflates create huge amounts of money out of thin air they create bubbles and these bubbles cannot last forever they must burst and when the bubble bursts that's when we have a recession as we have a depression it is really. very comparable to a knuckle holic who drinks too much alcohol and is then received the next day he has he has a hangover that's that's what basically what our recession is it's the hangover and the the money creation the credit expansion is like the the that's the also gives

you and the problem that alcoholics have is that when the are getting a hangover they are very tempted to take more alcohol because they can delay the effects of the hangover and that's what our governments are doing as well our central banks are trying to solve the crisis by printing even more money but that only makes the. problem worse in the long run it's only a very temporary measure but it's only kicking the can down the road so the only real solution to this problem is to end this government privilege of crux of creating money out of thin air and go back to a situation where money's worth something ramoni is covered by something it can be gold it could be silver could be a any other thing that has intrinsic value but as long as government is allowed to keep on printing counterfeit money that's worth nothing that whose only value is based on the fact that they have a monopoly on creating it and they can put anybody in jail with as counterfeiting except themselves as long as that is the basis for money we will be in this

business cycle why should libertarian principles be used to help solve the problems in europe the free market is the best system that we have to create products and services to enrich our lives to make sure that we live long and happy and prosperous lives because the free market is a system that is based on voluntary cooperation in a free market every turns action between two or more people requires a voluntary consent of each of the people involved and that means that they all expect to be better off their own spec to be happier as a result so as a result any turns action a free market is bound to add to the happiness and prosperity of the of the individual people involved in the transaction and when you allow an entire nation to reap the benefits of the free market everybody in the long run will benefit to become better off and lead happier more prosperous lives and government to vention

always goes against that principle government pension is based on force would you say that modern day europe has drifted away from liberty there is a lot of positive developments but there is also negative developments the pull the . were comes to privacy our right to privacy versus the government that's a right that is completely being neurotic. over the last thirty years government has the idea that they have the right to know everything and that either we have nothing to hide in which case we don't need privacy or we have something to hide which case we don't deserve privacy so when governments bill politicians talk about privacy in a new privacy laws they're always talking about how privacy should be protected amongst the people how corporations and companies should be stopped from invading the privacy of citizens but government of engine of our privacy that's something that is is occurring more and more over the last thirty years another very worrisome development is the european union. because up until

now. actually up until one thousand nine hundred two is a better year to pick. the european. economic community the e.c. was a force for the good at the time what the e.c. did was reduced trade barriers to zero richer is to reduce terrorist as your reader reduced trade quotas to zero. and promote things like free movement of capital and people and goods and services that was a good idea at the time the e.c. was was was advancing individual liberty that's changed that project basically was finished in one thousand nine hundred two and what those european bureaucrats should have done is said ok we're our job is done let's all go home let's find a real job to productively that's not what happened what happened at the euro kratz have started the new project which is basically the creation of the united states of europe and it's a very gradual thing it doesn't happen overnight but what we see is that they're

trying to erase competition amongst member states right now we have competition right now every member state to set their own tax rates right now every country commit to make their own rules and as a result there is competition in this competition has been extremely helpful and the york rats would like to reverse the process they would like to end tax competition. they would also like to end competition as to the level of regulation they would like to have a european union that sets tax rates on european level they would like to have your opinion the met has the same rules over the european union and eradicate competition they want to stablish a cartel so freedom is lost and prosperity will be lost if that happens and that's why most of the terrence are very skeptical about this project of european integration because what it really is is a cartel they're trying to form a cartel so that we can't escape them anymore we can't we can't move anymore to another country to escape high taxes thank you very much for speaking to us today.

well it was a pleasure you're very welcome. lists to. olympos. list. her mum. would speak. to. her her her mum whistler. mum. mum is so good luck

reluctant. to look at him. her. little mouth by no means a little. play live. live .

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the roads full of dangerous. clear evidence from north to south. the route of iraqi tragedy. after the war waiting for peace. like god taxi on r.t.e. . it. because. they. live.

russia condemns the used to let its embargo on syria expire calling it a heavy blow to peace efforts and the upcoming international conference on the conflict. britain's home secretary seeks more surveillance powers for m i five after it's confirmed intelligence agency had enough information to prevent the daylight slaughter of a british soldier. so reporting this brutal vigilante executions are spreading in egypt and security worse in the citizens of being encouraged to turn over alleged criminals but dishing out. deadly justice.