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tv   [untitled]    December 15, 2013 1:30am-2:01am EST

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skeptical in the number of hands as it is certainly increased from the last eight has increased thousand priests but that's very different from saying our inferring that the majority of people are against our scandalously average or to do this is not just isn't it's growing you're able to as an inference in your introduction as well on your question the. a majority of people are against the level of integration or where we stand in our relationship with europe at the moment and that's not to say that the russian are no for white people are accepting that integration is the same that house changed over time we joined the european union as a country whose level of income was below the european average despite everything that's happened we're now at least in line with and ahead of us in some cases in terms of your specific question regarding banking i mean that's a very very controversial question in our politics let alone european politics. but
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i think there's a number of facts that we have to lay alongside us the first one is the. irish decision to put in place a banking guarantee that happened at a time of a global orthodoxy regarding failing banks needed to be supported. so to see incurring bank purely as a result of our relationship our membership of the european union is an analysis that i would i would challenge absolutely and the you mentioned these prevailing are for the exits and i think one country that was sort of subjected to the same sort of pressure was icelandic which was at that time also on track of joining the e.u. it had massive crisis similar crisis to yours but the icelandic officials decided to defy that pressure and obviously they were also you know sometimes threatened sometimes told that nobody would ever deal with i. again that
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he had they decided to decline bailing out banks and nowadays if you look around their economies back on track it's growing they're getting those loans easily unemployment is falling i mean i think it's ultimately a different country to emerge from from this crisis do you think be. irish people have the right to feel cheated because better than they were they were told that there was no other way out of this crisis but obviously there was a way a shorter way and probably last demanding way to completely different economies. is not a member of the single currency zone we are so because of all of us we benefit greatly from. the european union from really not it's completely different i mean if you look at the icelandic economy and if you look at the irish economy we have a very very large stock of foreign direct investment and irish
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investment across a huge spread of industries. we can deliver here in our land because we are members of the single currency zone so you would lose all of that if you decided no to no longer i didn't say that's what i did start our membership of the single currency zone given certainty of exchange rates data has allowed us to develop an export performance that is how to sustain and develop our economy that's a fundamental difference for the city i mean oh you mean we in many countries in europe get those same advantages without first being members of the like the european union well for example norway or iceland for example iceland doesn't have that's wrong though iceland does not have the level of state tax for performance that we do but if you look at the difficulty of the icelandic banking system has went true if you look at the fact that they are. a currency that allowed them to
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revalue was de soffit. their fundamental differences between a our country and their. i don't claim that they are the same can i take it from your answer though that if your government was in place back down that he would have made the same decision knowing that he would have said you can't when you get to a situation where a country is an able to fund its public services. and a country is on able to fund its banking system it doesn't have any good choices left. to attribute daas a some may do to our membership of the european union is something that i would fundamentally reject. or the contrary can have different relationships with the euro were the european union as you correctly say . the force. to get to where we are much of both parties to forces are behind the union now in terms of your particular question regarding what our
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government would do would of dog i mean it's impossible to look back and say walk would you have done differently with the benefit of hindsight one of the you want to do this decision now and even despite the fact that it was taken by a different government when the defenders decision not will grow you just said that you had no or better choices and i put it out to you that you actually had. a similar to the one that iceland took and i had a chance to interview the president of iceland just last month and he was indeed speaking about this prevailing european orthodoxy almost intimidation by the european officials that you absolutely have to accept all that private debt and put it on to your people and they defied that choice unfortunately you went along that proposal and i think it's going to take your country would you see a means to recover from that and you could too. inferences and all dot dot are
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fundamentally wrong the first inference that you've hot is the. pressure that you're talking about that orthodoxy with european origin what you're doing if you're associating a global economic orthodoxy as our tom no no you only are insults ethan's no not if you lose by it in your listening to this it's something that had the european origin if you look at what was happening in america at the time if you look at the aftermath of what happened with the lehman brothers you had central banks all over the world that made the decision to say they wouldn't not less a bank fail to say that is a european decision is simply wrong if you look at the challenges that we had to cross the time period where we how they put you treat deficit but nope that we could not found ourselves what i simply said is tough when he contributes to the point it doesn't have good choices open source and if you look at the decisions
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that loads of countries have made i mean you can as i said from the start you simply cannot compare iceland and ireland but of course the real thing would be in a few years time for both economy stand and i hope what you will see happen is that the forces of growth that are beginning to develop an economy that they are going to accelerate in the coming years and i believe that our membership and participation in the european union has been a very strong force to happen now in order to achieve that growth that you're just alluding to some economists say that our end needs to go at least by three to four percent. get out of this debt crisis. you'll need. bright well educated workforce but on the other hand you know our land is probably the country that faces the highest ration in here i read somewhere that every six minutes one irish person lives. it's country and there's been
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a number of status recently that show that it's not just the number the sheer number of people living but biquad of the human capital to put it crudely because people who are living tend to have higher education they're more likely to have college degrees can you really achieve that growth when so many of your best and brightest are leaving the country yes the reason for that is that we have been true to before unfortunately. we went through an experience like this in the one nine hundred eighty eighth and the one nine hundred seventy s. i left ireland myself six years to go and work abroad. precisely because i wanted to go off to opportunities that were not available in the dock point what then happened as we have done before in our history is we created an economy and society that encouraged people to come back again of course you correctly acknowledge the fact that we have high immigration rates true our entire history but also during
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this part of the crisis do the part of dot of course the start we have one of the highest birth rates within europe and he would probably know one of the long term drivers of economic success is the ability of a country to be above its for placement ratio notice where this is what he's doing he's here with people going to uni to grow now i mean you can't wait twenty years to you know allow that new generation to grow up i mean literally new growth nontraditional generation has grown up i mean if you look at the year leaving they didn't even worth what i'm sorry not all of them really if you that's wrong. you only are a thousand people left since two thousand and eight that's the highest level since i believe the. previous crisis of course but alongside the us. economy now is one of the highest levels of private sector job creation of any country within europe and we also have a large number of arsht. people abroad dollar intrusted to coming back home to our
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island to see how they can accelerate that level of job creation and level of company and technological creation but why does unemployment down. fall saw slowly i mean as far as i understand it only. down by less than one percent if you say that there is such a fast speed of creating jobs in the private sector but i think that's an amazingly. one side to interpretation to take of what's happened in ireland across the knuckles last two years because of course you're right to say the level of unemployment has come slowly to many economists are now saying done in our in and what we have achieved over the last year if we have achieved growth of this job creation as opposed to the other way around which is what normally happens. we're now seeing our economy generate jobs at around three thousand new jobs per month
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after going to many years of losing them by eight thousand jobs per month mr donohue we have to take a short break now but when we come back ireland has unique experience and many of the issues traveling the world today but why is it often reluctant to stake a stand well that they'll be in just a few moments. they look like bounty islands where the local joy the sun and the ocean. but what was buried here years ago. means these people are suffering the consequences. how much more poison lies on the ground. behind this there is what we call the
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callet bank on which there is a deposit of plutonium left by security test which caused the dispersion of radio nuclides despite previous cleaning efforts there remains a deposit of a little less than two kilos of plutonium stuck in the rock the coral reef about ten metres down. a never ending legacy. newbie's germany. oh the power of those who called reproductive brochure to be too close to germany to be able to. reveal or give you the real speech you're about to read the whole reason good is going through a big. so well in germany ukraine they say has greece and spain italy
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so many other every piece. he brings they could bring better beings they can extend their produce one million people come to. a munch.
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welcome back to worlds apart where we are discussing our lands many gains and failures for the countries minister for european affairs pasco donahue. mr donahue member talking about immigration in our land. as you said it's a very pressing issue but europe as a whole has to deal with broader much larger issue of incoming immigration and i'm talking about refugees from africa. the middle east. some of that's related to the conflict in syria and in libya and i think ireland has a very unique position here because on the one hand for decades you've been receiving country and now you are once again a country of immigrants how do you think this issue should be dealt with in a broader european context other it's a hugely difficult and sensitive issue the three elements to how we believe the should be handled better in the future the first one is that we have to do all we
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can to make sure that people are not in a position to have to leave their country and region because of the terrible violence and state that's occurring there and europe a role to play there secondly we need to ensure that if they are travelling across the seeds as many of them have been done more be drawn to ensure that as people get into terrible difficulty that they can be dealt with safely and the third element of that i do if they do go to europe and if they are legally allowed to stay and encouraged to stay we have to find a way of ensuring that this is dealt with ferdi across all of europe now in the beginning of your answer you said that people shouldn't be forced to leave their countries because of all the conflicts and i think some would argue that. the european union itself may have held or aided through its policies some of these conflicts. how would they argue the wall let me explain that for example the
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conflict in libya or the conflict in syria where some of the european countries sided with the. opposition against the sovereign government but my question is a bit different i know that your country in particular has a a unique experience first with the. sectarian strife and then with conflict resolution you are more knowledgeable on that issue than any other kind of country in europe but for some. when it came to both libya and syria are led to a back seat to you. you know essentially gave the initiative to your france and the united kingdom why is arlen so passive on those issues of war and peace especially given your unique experience. your question base based on two premises start are wrong again the first of primacy is that the european union was involved in the
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policy decisions that led to some of the countries further but it's a different story there's a difference between european countries and the european union did european countries have decided not to give compton seat to european union regarding where they put their armies forth of this debate on the it is a very or if. only so you can't blame the european union for youth in power they're not using power if they're at the heart of i mean you're correct to say that member members of the european union talk different stances in relation to reach as i am asking with ireland has never voiced i would with opinion or at least will guarantee its expertise in materials but. that's wrong though ireland is a neutral country precisely because of our history we've decided dart. we believe it's the right thing for our country to adopt neutral stance in
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conflicts that take place throughout the world but the neutral stance is not the same thing as a passive starts so if you look for example what we have to on in relation to the middle east in relation to syria. i point to three things that island on true it from policy the first one is that we have to ploy our armed forces in a neutral capacity in the golan heights to try and look after and protect people who would otherwise be vuln. both to the conflict that you described. the second one thing that we have to start we have made contributions to the organization starter involved in the hopeful decommissioning of chemical weapons within syria in the worst way and financial contributions to us and then the third thing is precisely because of the historical heritage that you are currently identified regarding what we hop into was what happened in the north of orlando
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what's happened within our own country we believe the best response to the kind of difficulty you're talking about is a political response i think that the history of your country shows that you can only achieve a political solution when you recognize the legitimacy of both sides the problem that the european stance is of course that from the very beginning some of the of your european neighbors and your european partners declared one of the sides to that conflict illegitimate and some would argue that's the main reason why we haven't been able to achieve a political solution at this point but again be clear this is the stance of european member states individually making their mind up as opposed to a a european a collective european union response and this need not be blaming the european union for the exercise of power it does not one of your favorite phrases is the voluntary sharing of someone such as you and for size common european values our
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full size common european approach is so you know it seems to me that whenever it is convenient for your class you would stress the commonality but when they are it is it may not fit your narrative here is trans the individual is a man of the rights and. of course is the first part of the concept which is voluntarily sharing this what you decide on the different elements of your national sovereignty what you will too. contrie it's when you believe it's in the south it's in the interest of your own country when it comes to where your armed forces go and when it comes to the exercise of your foreign policy in a very sensitive matter that's what islands has decided as i think is the case for most of the member states that we believe that's an area of national competence and it's precisely because of the heritage of history and history that we have a dialogue complicit supplement that we have said we believe that's the right
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option to be taken within the regions that you're discussing just recently irish prime minister said that to make our land the first country to add the european bailout program as far as i understand one of the crucial elements of this successful absent strategy is breaking this link between public and private debt and. i know that the european security mechanism was created at least partially for that very purpose to deal with the banks and to. allow the taxpayer is to be a concern to the public debt now we're heard recently both from the e.c.b. officials and the yes some officials that they don't want to deal with the banks that if the. task that is going to take place over the next year reveals that the capital is ation of the irish banks is good enough you know it should be left
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to the irish taxpayers to deal with that again even though they've been promised time and time again that they should be carrying the burden any longer. don't you think that these two concepts at all it's a video concept of volunteering sharing of sovereignty because first it's not voluntary irish people no longer want to continue caring for the for the banks and first second of all there is no sharing i mean the when it comes to relying on some european structures to relieve that pain europeans now say that you know ira should deal with those problems simply because those were. europeans are not really there i mean that's a diversity of view in relation to this. those opinions are being voiced context voice but that was not me it's the europeans are saying and that's the decision of the european union i mean there are two different things if you looked over in
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relation to her negotiation stand on the banking union the european council that the european stability mechanism should be able to play a role in the directory compensation of banking systems now although. you have to acknowledge that there is an awful lot of debate taking place regarding. being broken and how to be broken members of political elite hearing. and some members of the public i think they would argue that you didn't have to encourage that that in the first place and my question to you is whether you are confident that the irish taxpayers won't be asked to carry that burden as law in the question to me we can acknowledge the value judgment that they made in relation to this that history will be able to tell if it's correct because what we can do is correctly acknowledge dot the irish touch pay are paid far too high a cost for supporting the banking system now in relation to your question regarding
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the future what we hope is that what we want and we will press for is for. been an option for our country in dealing with this left this banking death but what i would have to say is we want this to be one of a number of options that we want to open to our government on the tax payers in the future can i just clarify you mentioned b. is sam as a mechanism yes so if for some reason the sound decides not to deal with the irish banks i confident that the irish taxpayers won't be asked again how this recapitalization up that banks we need to bring these conclusions to an end in the first place. but if you look at what is happening there at the moment if you look at the arrangements that are already in place for example requiring bondholders to be bailed in to support the cost of a national banking system. i can't i'm certain that in the future the cost to any
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tax payer is going to be lower than it has been in the past so there's no believe yes and no no because i mean not everybody is over the first. details i think people who says want to know when it's only sign up i'm sure of the worst with the research but you're sure of course the reason for that is that we're involved in a negotiation at the moment and you're of all ask me to comment on something that could happen. for them that the irish people won't be asking a guarantee a step in and pick up the belt for every year for the private banks what respect i never said to us what i was i'm saying it's not in the context of a fully functioning banking union that we want to see open next year which will be a european banking union if dodd is in place the cost to national taxpayers regardless of whether their i wish on not should be far smaller than the house been in the past and dot's why we are pursuing this spike in union but you know what i'm
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conscious of all of this that at the end of any crisis that ever happens for there to be bunking our economic again what always happens as regulators central bankers politicians they say this will never ever happen again and it keeps on happening but what we have to ensure is that if this does top and again it doesn't how is such a consequence make an awful cost for taxpayers mr donohue thank you very much for you very much and if you like the show please join us again same place same time here on the world the pike. why is the price of gold so high. demand global demand do you think oldest money.
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know the value of the only place we have to live of the water that we need to survive it's not compared to bill i mean gold we're not going to eat gold we're not going to bait with gold. we're not going to drink what clearly what amal is and is in a desperate economic situation absolutely right what we're running to do is say they're for any kind of economic development from the outside is going to be a benefit their only purpose is to extract as much money as possible to feed into the global financial system. with we are part of the geo political economic system that's extremely exploited or. first of all it's a question with a mining should even be carried out altogether can it be done in a way which doesn't destroy people's lives resources environment so when you know
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those are pretty serious questions mining is not a what a moment problem it's happening in asia in africa and south america and central america in mexico and it's even happening in canada and the united states. deliberate torch is on its epic journey to show. one hundred twenty three days. through to some other towns and cities of russia. relayed by fourteen thousand people or sixty thousand killings. in a record setting trip. to. see another's face. olympic torch relay. on r t r two dot com.
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i the spanish capital was shaken by the violence as riot police clashed with demonstrators calling for an antenna drab bill that would see huge fines for taking part in an unauthorized rallies. mass demonstrations take place in kiev this time with tens of thousands of pro-government protesters voicing their support for the president while more high profile foreign politicians had to ukraine. island celebrate shaking off international lenders to become the first country to break free from a bailout program but the government warns of challenges still have. a lot of republican delivers his annual state of the in.

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