the people who issue the currency as opposed to use the currency other people who will set the conditions the levels of public expenditure the rate of taxation and so on all fiscal and monetary powers must obviously remain with the country that is issuing the currency and mr sam and i think has made a huge blunder in claiming that you can have independence whilst using the u.k. pound he ought to have had the courage of his convictions and said either that scotland would have its own currency or would join the euro zone i know why he did neither of those first of all because the euro doesn't have a particularly good name here and hasn't been growing terribly well and secondly because the example of say iceland or slovakia perhaps even better where the slovakian currency lasted for thirty seven days before the world bank and

the i.m.f. moved in and effectively colonized the country was not palatable as an alternative but you can't really have an independent scotland with an english queen or u.k. pound still in nato and subject to american led military political decisions and of course also still be in the e.u. and subject to all the strictures that come with that if there is a yes in september what is the wisest case scenario if full the scottish economy. or the worst cases are race to the bottom that's the worst case for the working people at least arista the bottom provoked by a low tax low public expenditure fracture right reagonomics regime in london forcing is scottish state to chase them all the way to the bottom to cut their

taxes even lower to make the public expenditure even less to make even more people are employed and scotland would then be independent in the sense that it could fly georgia flag from edinburgh castle but the standard of living of people on both sides of the border with virtually perpetual right wing conservative rule in england shorn as it would be of fifteen i'm anti conservative m.p.'s taken out of westminster that would be a disaster for working people on both sides of the border and it's the interests of working people that i represent i k. george galloway we'll leave it at that thank you for talking to us today for a clear on where you set where you sit on the agenda that thank you very much indeed and another political and economic relationship that is on tender hooks right now this time it's between switzerland and the european union this is following the swiss parliament's decision to enforce a limits on the number of foreign migrants including citizens of the e.u. the e.u.

has already started to retaliate to this by ruling that an energy treaty that could potentially slash swiss household spending in the future on utility bills that has been put on hold at the moment is now the swiss who are not full members of the e.u. but part of the free movement of people and gears and us exactly what the problem is the country they staged a referendum forwarded by the right wing populist party the d c but while immigration is the reason behind the new. regulations swiss exports sixty percent of which make their way to the and these could be at risk so that's the situation we're going to devote in this a little further hey we're going to go right now speak to hans kauffman he's a swiss politician hans hello to you can you please tell me do you think

switzerland right now is risking the health of their exports being sixty percent as i mentioned make their way to the. i'm not very afraid of sanctions in international trade one should think about importance of switzerland for the e.u. we are a very huge net importer all of you who aspire switzerland is concerned from where i sit here nothing positive can come out of this new version in terms of the economics. of freight there first of all we really have three years to implement the details so the downer he's already here and our. do not see the consequences do not stop immigration read just want to control immigration ourselves that's what

may change is a is are not picking and choosing between parts of the e.u. switzerland want to be involved with for example trade and parts that they don't want to be involved with in other words the free movement of people. well today's trade goes back to i think ninety seventy two has nothing to do with the bilateral agreement and repay your lot for the e.u. think about deadbeat terms rebuild through more than twenty billion u.s. dollars in riyadh donated more than a billion u.s. dollars for the new ten counties so we do a lot for the evil and cherry picking that simply drool i if i normally are ask a politician he should really give me in details. information reached cherry's he thinks about normally then very run out of ideas reach the exceptional for free

trade but these free trade we have since ninety seventy two and has not nothing to do with. agreement on the free movement of labor and as far as the other four freedoms are concerned like freedom of capital flows everybody knows does not really working hands can i just question that because say for example if france so jon benet said that they too wanted this kind of an on a range ment so they wanted to do trade with a.j. but they didn't want immigration to know a thing that could cause much of problems so that everyone had the same contract to switzerland had then the e.u. would be in big trouble than i you know about they have smaller portion of foreigners in their county only about nine percent we are a fair twenty three percent and we have

a lot of foreigners reach. becomes race so we really have an author and problem and we find out still sat on. you are but not all are highly skilled not all of the immigrants are all so. problem as far as infrastructure is concerned. also our social network and if you look at the criminality seventy percent of the inmates of the prisons are foreigners so we have a problem and we just want to call draw. and i would say we will break to sort out the problems and then reclaim continue all right hands we leave it there thank you ever so much for taking the time to talk to me i really do appreciate a credit rating agency fitch has downgraded the ukraine to triple c. rating this rating is reserved for vulnerable a condom is

a means kiev is now lower than greece the agency cites political instability as well as economic factors to justify this downgrade our foreign debt is one hundred and forty billion dollars right now that's nearly eighty percent of the country's gross domestic product the country is still battling riots on the streets and ever since president yanukovych refused to sign a trade treaty with the e.u. and instead in december turned to russia for monetary aid but the fifty billion dollar loan from archer has been put on hold until a new government is formed all right let's now dive into the corporate world with see what's been moving and shaking russian companies this week chalet so one approaches all the football clubs allow me a f t has been kicked into financial liquidation the players are now free to join other clubs allow the twenty eight million dollars. russia's largest

come on a factor after the us has set a date for plans to cut nearly twelve percent of its workforce this year the job cuts will begin in may g.g. measures to improve the company's. condition this is ahead of the soon to be completed merger will run on the sand alliance and russian banks have lost their licenses this way here i trust this is due to insufficient reserves and accusations of money laundering as well as come from the top to fifty russian bags may have their licenses restored in twenty fourteen following the twenty nine last years the center by continues its quality power and staying with banks and just last week we were questioning if the banking industry was becoming more moral now this suggestion was spotted by barclays chief anthony jenkins waiving his million dollar bonus well the latest from the financial giant is that twelve thousand people

worldwide will lose their job this year this is due to profits plummeting by thirty two percent but the reward for investment bankers was up thirteen percent so this is perhaps why mr jenkins thought it was wise to skip that juicy but as i'm sure there would have been a bit of a backlash had he not done so start provincetown not bonuses the bankers guys i gave up until they were getting up to get about it all right i'm going to be on twitter this week of course you can join with that i'll be keeping you up to date with the business while i have a fantastic week and thanks for watching. her

there are no words the location of the tumor would still remember. how to do it well as of the row right ted said. let's stop the storm we might be more my people . to. look. like. a pleasure to have you with us here today.

wealthy british. it's time to. find out what's really happening to the global economy. financial headline news to report. this immediately so we leave the people. of the scene to secure the place. where shoes that no one is asking with to get that deserve answers from. politics only on our tea.

party international live from moscow thanks for joining me. u.k. officials are sounding the alarm after revealing that two hundred fifty british radicals have returned home after fighting government forces in syria they're now suspected of plotting terror attacks on home soil this after a man reportedly became the first briton to carry out a suicide bombing inside syria pollie boyko reports. facts are sometimes stranger than fiction this is the street where abdul wahid the first suspected british suicide bomber in syria is alleged to have lived it schooled martin savidge knew the forty one year old man that lived here is suspected of carrying out a suicide bombing in a truck in the city of aleppo last week after joining the outcry is a link to al nusra front the father of three is said to have quit is day job six months ago and joined a convoy running aid into syria he was reportedly in contact with his wife and

children up until last week if his identity is confirmed it will be the first known attack by a briton in syria according to the center for the study of radicalization in king's college in london hundreds of u.k. citizens have traveled to syria to fight with jihadi groups recent posts on social media suggest that some of the brits fighting back have been involved in be saying and execution of fellow rebels while residents of moscow's adding you come to terms with their reported neighbors suicide attack security services in the u.k. are becoming increasingly concerned about the potential that brits fighting in syria could return and stage attacks on u.k. soil boyko aussie west sussex. the us government is going green as we were poor on our website newly released released american legend like elations aim to help licensed marijuana shops deal with banks which have been reluctant to work

with the controversial businesses read the full story on r t dot com. also online for you ukrainian opposition activists leave the government buildings they've been occupying the leaks yielding to a so-called deadline so an amnesty law can come into force at the latest on the situation in kids on our website are two dot com. pleasure to have you with us here on our t.v. today i'm wrong researcher.

almost a year after a burst pipeline in central arkansas caused a massive oil spill people in the area are still dealing with the aftermath officials say their homes are safe to live in but locals claim they're suffering from nazia and dizziness from inhaling toxins on a daily basis for them moving away is easier said than done as artie's garniture khan reports. almost a year after two hundred thousand gallons of heavy crude spilled onto their streets residents of mayflower in arkansas are striving to leave the town here in mayflower for sale signs are everywhere almost every house on the street is on sale before the spill this was a place where people wanted to move in to enjoy the beautiful nature around many didn't even know there was a pipeline running on their houses and now they just want out many have already left and jerrel one of them i tried to stay here i tried to just be away you know

as much as i could but if it rained i could not stay here because it would all see through the. all of the where the ground was dry it would kind of guess incased it and then when it rained all those vapors would come back she says like many other residents of mayflower she started having constant headaches and coughing after the spill i have friends that live just behind me that are still here that don't have a place to go they have just small children you don't have to look at the kids in in twenty years when they get sick or find out something's wrong and they say well why didn't we leave mom want everybody healthfully well some people just aren't able to pick up and leave like that exxon wrote back to us saying that a unified command comprised of exxon representatives as well as officials from the state and federal environmental services has deemed all areas affected by the mayflower spill now safe to live in but many of the residents don't buy it and their homes are not selling so i would say that the number of homes sold in my

flower has dropped at least fifty sixty percent but arkansas spill is only a fraction of a new oil pipeline leaks it's estimated that between two thousand and eight and two thousand and twelve u.s. pipeline spilled an average of more than three point one million gallons of hazardous liquids per year plans for the keystone x.l. pipeline a massive project that would. from canada soil since two refineries in texas have caused many to worry that they may become collateral damage in the way of big oil like the residents of mayflower arkansas there's a lot of us that have been forgotten we're just collateral damage in mayflower i'm going to check on our team this week thousands of websites and activists worldwide took part in a campaign to the day we fight back to protest action against math surveillance and the ever growing powers have intelligence agencies their market thirteen months since the suicide of internet freedom poster boy aaron swartz

a tragedy that many believe was provoked by the response of american authorities he was facing thirty five years behind bars and a million dollar fine for downloading academic journals to civil liberties advocates are now pushing for congress to reform the legislation considering it too strict parker hagan's from the electronic frontier foundation says there's still a lot to be done before politicians realize such tactics are unacceptable. unfortunately the government hasn't changed its perception here there's been there was a proposal last year in the us legislature called erin's law that would address some of the biggest concerns that we have. lost still has an advance to the point where it works past or where it can be cited and in fact we've seen before as those two to maybe. even harsher and so that's something that we need to keep working on idol related politicians who don't have

a great grasp of how technology works understand that this kind of persecution isn't acceptable. bahrain's interior ministry says a policeman as died of injury suffered in a bomb explosion during friday's anti-government protests authorities have also arrested over two dozen opposition rioters in clashes on the third anniversary of a program formed uprising the gulf nation has been cracking down on dissidents dissidents ever since they were originally revolt with about ninety people being killed demonstrators are blaming their sunni rulers for rampant human rights abuses and are refusing to negotiate with the government campaigner. far who is also the president of the bahrain nursing society described how activists are treated in her country. there's a lot of injuries such as child gun which people which the ministry of interior is using against the people in bahrain broken bones head traumas and some of them of course they're very bad wind up we have to send them to the hospital to be treated

but you know for a fact once they go into the hospital they will be interrogated there are all different kinds of people they are in jail at the present time with the political prisoners to such as eleven photographers there are journalists seventy sportsmen and human rights defenders there are still massive an excessive use of tear gas they're still hitting women they are using if you but in the country and they will have to stop all these attacks on the villages and the home raids on a daily basis and the tear gas that they're using and detention of our men you think kids in the country then we will say there's a good deed and let's talk and we sit down and talk. and our world up to here on r t in egypt's restive sinai peninsula at least three south korean tourists and a bus driver have been killed by an explosion officials say the vehicle was traveling from a local monastery to nearby israel when it was attacked more than a dozen other tourists were injured in the incident militants in the region have

been increasing their attacks since egypt's president morsi was toppled by the country's military last july. a bomb explosion on a train in southwest pakistan has killed at least eight people and wounded twenty others the blasts cost several wagons to do rail and ethnic separatist groups operating in the area say they carried out the attack last week the same insurgents blew up three gas pipelines cutting off supplies to millions of homes. rescue operations continue in south africa to pull a group of thirty illegal miners to the surface they've been trapped in an abandoned gold mine near johannesburg since saturday there still may be as many as two hundred more people under ground mining safety is a major concern for south africa which has the world's deepest gold mines they're often fought over by rival groups. hundreds of far right protesters marched through lithuania second largest city calling us on independence day chanting

lithuania for lithuanians a small counter demonstration was held nearby with some campaigners waving rainbow flags of the nationalists but is known for such marches with one court even supporting the use of swastikas during rallies on wednesday the south african opposition of war struggling to make their voices heard in a protest against corruption soaring crime and widespread poverty the nation will hold a general election this may but tensions are already boiling over with some warning of a looming security crisis parties paula slayer reports. we're about to enter one of the most dangerous townships in one of the most dangerous cities in the world this is the south africa that mandela left behind you never know what to expect when you go out in the street some days will be quiet some days you just up and down there are a lot of downs in south africa now days away from the cameras all is not well in the

land of mandela twenty six year old constable corrode burma later knows it all too well for five years he's been patrolling the streets of johannesburg to try and instill some sense of order. and now we are entering. there's a large majority of. poverty. a lot of the purely artistic to for a better life or a better way of the. crime where i am right and the few places in south africa today where crime is more rampant or poverty more in demick than alexandra township twelve kilometers northeast of johannesburg it was once the headquarters of the african national congress and the same to of anti-apartheid activism but it's as if time has stood still here many residents feel forgotten by mandela south africa it is quite frightening situation for us to. really make the best effort

this borning township is home to maybe a quarter of a million mostly black south africans sixty percent of them are grindingly poor and unemployed as we drive along the stench of mounds of garbage overwhelms us the stats are sobering each day on average more than fifty people are murdered in south africa another fifty attempted murders take place more rape happens here in a country of fifty two million people than in india a country of one billion the police are struggling to cope. except hear hear. if you can answer that truthfully. yeah you can say real sufficiently trained. but it's up to us. to obtain that training that police in south africa have reacted. and understaffed and according to a new poll

a staggering eighty three percent of south africans believe they're also corrupt which means the good guys like a robber and his partner often put their lives on the line without sufficient backup do you think that state will make any difference to the right situation. we can only hope. for to those days but. the residents of alexander though are too busy battling the daily reality to worry about what life without mandela will bring twenty years after he came to power they still waiting on promises of jobs and economic prosperity. and xander township south africa will be back with more news in just a couple of minutes including a live interview with the lawyer of a russian pilot who was allegedly near death in an american president.

that's obviously one of the rationale for the continuation of return they want to sell the american hard tech weaponry aircraft submarines missiles all the rest of it to the new countries new new markets expanding markets because most of these countries are close allies previously on certain equipment. nato is rationale is still much more political and strategic than certainly economic toboggan between europeans who wants to go with the united states remain committed to their security and the united states who want to see european story know that we are not like you just i could jump in and ask you could if i could jump in and ask you i mean they want washington because they want the american taxpayer to pay for it because the united states pays the vast majority of the bill for nato so this is free riding that's what they want they you know that they don't want they're not the security of this is really an evolution is this they want someone else in times of austerity particularly now with the american taxpayer picking up the american defense

industries would be more than happy to do it. came right from the sixty. first rush you and i would think which are few can army for years. and instrument. how. cool be and how much fun ha

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routes of a new give the report your best way to the heart of moscow. the latest headlines in the week's top stories here are t. international bans and sought to celebrate russia shootout victory over slovakia in the men's ice hockey a day after the disappointing loss against our tribal stimulus a. euro net so infuriated by n.s.a. spying german chancellor angela merkel proposes a plan for european online network to shut out america's snoopers. the lawyer of a russian pilot for some clients is dying in the u.s. prison after visiting constantine yoshiko who has apparently been denied proper medical care for weeks we talk live to the attorney to find out what he saw plus. the new leads if you. will for the road.