i'm talking to mark to address and he's now a member of the european parliament for the u.k. independence party but she was formally the european commission's chief accountant while she was in that job but she raised concerns about flaws in the commission's accounting system which she said left it vulnerable to fraud mottram dress and thanks for talking to us today now were you a euro skeptic when you joined the commission as chief accountant no i was not there you were a skeptic in fact i thought you were a project was a project of cooperation i thought they were sharing solutions among the different member states so i was quite on earth to be able to be part of the european union and also in order to be part of our if i've managed to do reform that they were undergoing what happened or what did you find out to make you change your mind when i found out that they had no control on the payments they were making out of the european union budget basically you know they didn't ask if people qualified. to get the funding from the european union and i was responsible for the signat

earlier we spoke with a member of the european parliament was been working closely on the ukrainian issues. she asked what action the european union would take over the case. >> the main tool we have in europe and brussels in our hands is the ukraine association agreement, and from my point of view, germany supported across all political groups in the european parliaments, we should not put this association agreement in place before we have brought an acceptable solution for this unfair court case. >> do you think ukraine is really serious about introducing reforms to move closer to the e.u.? >> my understanding of the funding for democratic developments is -- our citizens, the majority of the citizens in the country are in favor of democracy. not as far as i know ukraine, the majority of ukrainians are in favor of real democratic development in the country there sean in all elections since 2004. this is what we have to support. pulls up close in liberia after the countries -- polls have closed in liberia after that nation's second election. the first african woman to be elected a head of

at member of the european parliament of foreign affairs committee richard thank you both for joining us today here on how it see there richard i'll start with you there's a chorus of criticism of from the european union officials concerning the verdict how do you think relations between ukraine and the e.u. could be shaped by this event. what i think catherine ashton speaks for so very strong reaction across europe there appears to be a politically motivated trial that does not meet international standards and independence and fairness cannot be something that is supported by us in the e.u. and you ukraine's potential membership the european union is some years away and i think we shouldn't pretend otherwise but we do once the countries in europe cease to neighborhood to get questions here not just in terms of membership in terms of european values like the rule of justice and this is a clearly an extraordinary setback and i do think it is quite possible that the invitation for president yanukovych to come here on the twenty eighth of october will now be withdrawn now you are saying m

wanted to see changes in ukrainian law so this sort of case contact and again the head of the european parliament regrets the verdict optima shogo and is calling for a review of the case on appeal now ukraine wants to enter the european union has been discussing a free trade agreement and the ukraine president is actually due here in brussels next week to discuss the first steps to joining the european union but the sounds we're getting here from brussels is that this may be put on hold and in fact stopped if if this case is not reviewed let's now listen to an expert for more details on this case the european union has already made it clear that if you use this trial very dearly it takes a very dim view of this trial it doesn't like to see opposition politicians in prison and i think there is every chance that the european union may take some strong measures such as freezing the talks with ukraine trying to leave it there is no chance at all of ukraine joining the so there were serious doubts about whether key of would actually go through with the ukraine would actually be able to join the europe

there can be no treaty change without the european parliament. ladies and gentlemen, i do not want any institutional conflicts. we need the institutions to work in a complementary fashion. the institutions have to work together. parliament with counsel, counsel with parliament. one in the council -- is there any mention of the european parliament? we are ready to work with you. i hope you are willing to work with us. if that is not the case, you will learn that you have to do so. under the lisbon treaty, we have rights and we will use these right. s. [applause] >> thank you very much mr. president, let me be blunt. i am relieved this morning. it would be a totally other debate in the parliament was that the decisions that have been taken at 4:00 this morning -- with that the decisions that have been taken at four o'clock this morning. finally, we start to put in place a global approach to stabilize the road. i am relieved because finally, it has to be -- stabilize the euro. i am relieved because finally, it has to be stated, we stopped unhesitati

representatives of the european parliament and member states reached the agreement on wednesday after discussing rules for speculative financial tradi trading. it means investors will have to report to financial regulators of member states. governments will be allowed to temporarily ban trading during market turmoil. speculative trading of credit default swaps on government bonds will be banned in principle. the rules are expected to get final approval from european parliament and eu finance ministers next month. they'll take effect on november 1st, 2012. >>> and next we go to our bureau in bangkok. for the latest on what's going on in the region. >> we begin with an update on the floods in thailand. the governor of bangkok has called on citizens to remain alert and be prepared to evacuate. the warning comes as larger than expected amounts of water descend from the north toward the capital. the fiscal and economic damage to the country is worsening by the day. work to reinforce flood barriers has continued around the clock. more than 1 million sand bags have been deployed. but it seem

we have a member of the european parliament, he has suggestions and warnings for the american peopleid eric holder lie to congress about what he knew when and michelle malkin is here with the "fast and furious" [ male announcer ] drinking a smoothie with no vegetable nutrition? ♪ [ gong ] strawberry banana! [ male announcer ] for a smoothie with real fruit plus veggie nutrition new v8 v-fusion smoothie. could've had a v8. new v8 v-fusion smoothie. ♪ ♪ ♪ when your chain of supply ♪ goes fr here to shanghai, that's logistics. ♪ ♪ chips from here, boards from there ♪ ♪ track it all through the air, that's logistics. ♪ ♪ clearing customs like that ♪ hurry up no time flat that's logistics. ♪ ♪ all new technology ups brings to me, ♪ ♪ that's logistics. ♪ the world needs more energy. where's it going to come from? ♪ that's why right here, in australia, chevron is building one of the biggest natural gas projects in the world. enough power for a city the size of singapore for 50 years. what's it going to do to the planet? natural gas is the cleanest conventional fuel there is. we've got to be

made by politicians and happens only escape wise outside the eurozone so says member of the european parliament. basically the money is going to pay off there but the problem is they're not producing. and it's it's unsustainable he should never have been allowed to get into the euro in the first place the brochure many moons their own rooms to get crease in because this was all about politics it wasn't about economics and i feel very very sure for the greek people the only way to the greek people who get back on their feet again is to come out of your all together and look at will be the end of the world for greece argentina was the last major country the polls in two thousand and one between two thousand and one and two thousand and six argentina's economy grew by sixty five percent that is the answer to greece if you poll the polls that these people are being made to suffer because of ideological decisions that were taken many miles away in brussels ten years ago coming out later today crushing the crisis robert forster explores the plunging global economy in an unprecedented way you can join

it's important to have a view on the world cultures such as egypt joining and india the new european parliament reports back to compulsory school lessons on the benefits of the e.u. from quote a very young age critics want kids are learning less and less about their own country states which stop teaching their polls they say consigned themselves to history. the new bush or r.t. paris. a short break now here on our team and i'll be back with a recap of our weekly top stories stay with us. a very warm welcome to you this is your news today protesters on holds true today as. leaders and gentlemen your chance to choose to set a good mood for example the status of the human experiment is it succeeding or will . we put your programs in this rap music or to expose the movies allegedly trying to make sense of global economy and its arcane twins and us financial templates each of the research scrambling to maintain our confidence in markets and thinking on the primitive points to be easing trade imbalances recession to keep the nations close to collapsing a subprime loan foreclosed homes people. to fail

and paul not a member of the european parliament or the u.k. in dependence party told us that leaving the euro zone is the only option for the greek people. basically the money is going to pay off debt but the problem is they're not reducing. its interest should never have been allowed to get into the euro in the first place many moves their own rooms to decrease in because this was all about politics it wasn't about economics and i feel very very. sure for the greek people the only way that the greek people who get back on their feet again is to come out of the order altogether and look it will be the end of the world for greece argentina was the last major countries to fall to in two thousand and one between two thousand and one and two thousand and six argentina's economy grew by sixty percent that is the answer to greece if you poll the polls that these people are being made to suffer because of ideological decisions that were taken many miles away in brussels ten years ago this week the u.s. led war in afghanistan passed its ten year mark

it's important to have a view on other world cultures such as egypt china and india the new european parliament reports back to compulsory school lessons on the benefits of the e.u. from quote a very young age critics want kids learning less and less about their own country states which stop teaching their polls they say consigned themselves to history. the new bush or altie paris. or a couple of our top stories are coming away in just a few minutes that'll be after corrina. business up there. hello and welcome to our business update this thanks for joining me the recent spike in economic uncertainty has resulted in a heavy sell off in the russian market fear of risk has been hitting it even harder than other matching markets chris way far from the dollar believes that stu to structural weakness in the country's economy. we have a relatively weak domestic economic base compared to other big emerging markets are just we are much more vulnerable to a global recession because of the potential weakness in the oil price and the price and demand for other commodities and is second reason why we see m

another world cultures such as egypt china and india the new european parliament reports back to compulsory school lessons on the benefits of the e.u. from quote a very young age critics want kids are learning less and less about their own country states which stop teaching their polls they say consigned themselves to history the new bush or the paris. of our top stories are coming away just a few minutes ago that we are kareena and our. hello and welcome to our business update itself thanks for joining me the recent spike in economic uncertainty has resulted in a heavy sell off russian market here risk has been hitting its even harder than other measures markets chris we far from troika dollar believes that stoop to structural weakness in the country's economy. we have a relatively weak domestic economic base compared to the other big emerging markets of history are much more vulnerable to a global recession because of the potential weakness in your price and the price that demand for other commodities and the second reason why we see more of fall into that is because russia doesn't have a

crime as you should understand it's not a european parliament the largest party has condemned today's verdict and what lies ahead you think for ukraine's relations with the year you know actually tries still new or between russia its large northern neighbor and european union and you have to know as russia pipes gas through the ukraine their relations between russia and ukraine. actually have developed in the context of those guess deals unpaid bills and different kind of conflicts in this way of all all this tries to maneuver between russia and european union and we have seen countless. wars where you reveal your human to my next point you talk about the countless gas wars it tends to come around this time of the year do you think now because of this we could see ukraine use this case to once again review its get agreements with russia could you see another gas war erupted between the two absolutely absolutely nothing that kiri is preparing for changing those deals and gas agreement we know that economic situation in the ukraine is not very good and. that ukraine gets from russia for

protesters have come here they are turning up at the central park in brussels from the european parliament building where they've marched from they want to create here i know it's of paul what they call a people's parliament which doesn't serve the financial elites but the all sources are saying that they actually bans protesters from camping here on the grounds that there is no running water available for them no protests have been saying they're skeptical that this is the real reason they just want to excuse to stop the legal sources are to stop them getting here or not the people here know the reaction has also shocked from the european union itself officially when almost about the significance of the protests a european commission official also how does that concern or so disregarding their concerns and also people have been shocked that the e.u. employment commissioner jokes the protesters should go to frankfurt the home of the european central bank instead of brussels the police reaction is also being called excess if you wrote police on horseback told by a group of protesters who we

. >>> representatives of the european parliament and member estate reach the agreement on wednesday after discussing rules for speculative financial trading. it means investors will have to report to financial regulators of member states. governments will be allowed to temporarily ban trading during market turmoil. speculative trading of credit default swaps will be banned in principle. >>> they will take effect on november 1 of 2012. >>> time now to get a check on the markets. u.s. stocksened lower due to negative sentiment regarding progress on the euro zone debt problems. let's see how things are kicking off in tokyo this thursday morning. for that we cross over to ramin. good morning to you. how are markets kicking off? >> good morning, ai. earnings out of the u.s. and the up answers down and downs with european sentiments. on this thursday morning here in tokyo, you can see the nikkei down 49 points and topix is down at 748. the nikkei may remain vulnerable to euro zone debt issues for the rest of the week and maybe into next week ease well. as well as yen sensitive comport exporters

european parliament member daniel hannan and peter schiff are not afraid to tell it like it is. >> what advice could i give to obama, instead of keaninging the failed policy, all obama has done is expand them and made them worse. >> tonight, they expose president obama's jobs plan failure. >> and plus. >> clancy in the neighborhood tavern ♪ >> he's selling out shows across america, now toby keith rocks the house with the governor. >> lady and gentlemen, governor mike huckabee. [applaus [applause] >> thank you very much, great to have all of you here, and welcome to huckabee from the fox news studios in new york city. and well, halloween is just around the corner, but you don't have to wait until the trick-or-treaters come to your door to be scared. all you've got to do is think of another election season with candidates in both parties doing their best to cause you to question the patriotism, sanity, integrity, even the birthplace of their opponents. look, it's no secret that i have strong convictions about issues that range from the sanctity of life to the fair tax. unlike some people

the president spoke to a committee of the european parliament in blessles on tuesday and said the high interconnectedness in the system has led to a respectidly rising risk of significant contagion. >> the crisis reached systemic dimension. it is a matter urgency that all authorities act in unison with total commitment to safeguarding final stability. >> his warning comes amid concerns that europe's credit has begun to affect banks in the region. the banks decided to bail out what has been affected by declines of greek government bonds. it is time to get a check on the markets and they took a step back to watch developments in the vote in slovakia as well as caution ahead of earnings. for more we cross over to the tokyo stock exchange. good morning to you. how are stocks kicking off this wednesday morning. >> yes, markets are trading a little bit lower, but before the markets open, we have the machinery orders for august which was up 11%. that's the first gain in two months for machinery orders. we will have more on that later on. the dow was down and the nasdaq up 17 points. a bit of

buildings here the european commission the parliament building and also the council they're particularly angry here because you had one of the best social systems traditionally very generous retirement conditions also very good unemployment benefits and there's one protester here put it the bankers gambled and lost our money our first time the crisis came and now we're being asked to pay for their mistakes a second time now the reaction of the e.u. officials has been also making people even angrier when asked about their reaction in the significance of the protests a spokesperson for the european commission answered how does that concern us the e.u. employment commission allows law and order joked that protests to should go to frankfurt instead the seat of the european central bank the police reaction has also been excessive one m.e.p. invited around thirty protesters to his parliament office in the e.u. parliament here and to discuss their concerns but he was blocked by riot police on horseback even though it was obvious that the protesters were peaceful now of the protests against the