later, barroso priase -- paised the eu's -- praised the eu's democratic principles. >> it is based on the free consent of states to share sovereignty. >> van rompuy said the states should remember those principles now during the debt crisis. he also expressed pride in being a european in his non-native language of german. not all european leaders were there to share the glory. british prime minister david cameron was notably absent. >> we're joined here in the studio by a political scientist from the european council on foreign relations. i would like to ask you to map out for us the reasons why the you got this very prestigious prize -- the eu is very prestigious prize. >> it is the only institution that managed the transition from several non-democracies to democracy. it is the first revolution in history without blood. i think that is largely worth the nobel prize, not counting the decades before or after 1949. >> some say this award is not justified. what do you say to this criticism? >> i think if we're in a crisis in your opinion now -- the european union now, it should not avoi

commission president jose manuel barroso there went along and animated speech the offended the clause in the energy regulation that forbids supplies such as russia's gas problem from also the distribution networks pearson was quick to react with a little look my friend of many years mr barroso explained his position so emotionally and so long because he felt guilty when you put it he knew he was wrong. and you just witnessed our discussion with. well that improves and labeled the legislation as uncivilized and said it is not right for its rules to be applied retroactively nevertheless the partnership between russia and the e.u. is a vital one as pointed out the cited need to say the need to transform what is today an independence by interdependence by necessity into an interdependence by choice of political choice and that's what requires political leadership on both sides meanwhile russia having over the past decade encountered several cases of unreliable ties with its neighbors like ukraine and belarus is now building immensely expensive projects like north korea notably recently la

my friend of many years mr barroso has been explaining his position on gas prices for so long. and you can see realizes that he's wrong just read our cooperation agreement with. gas prices as dictated by markets not by a government agency when they should use definitely the energy sector is very important and certainly dominated the talks but of course size they also talked about the visa free travel for e.u. citizens and russians saying that this is a possibility in the very nearest future and also touching upon the geopolitical issues such as the syrian conflict where the argument would and certainly reiterated russia's stance that this has to be dealt with behind the negotiation stable not by the violence not by a military conflict and there seem to be lots of understanding between the e.o.p. and leaders and reporting on that a lecture. due to the sun she is promising wiki leaks will release more than a million secret files over the next twelve months in publications that will affect every country in the world he says the whistleblower gave a christmas address from the ecuad

my friend of many years mr barroso has been explaining his position on gas prices for so long because he realizes that he's wrong just read our cooperation agreement with the e.u. . prices are dictated by markets not by government. definitely the energy sector is very important and certainly dominated the talks but of course sized also talked about the visa free travel for e.u. citizens and russians saying that this is a possibility in the various nearest future and also touching upon the geopolitical issues such as the syrian conflict where a large important certainly reiterated russia's stance that this has to be dealt with behind the negotiation table not by the violence not by a military conflict and there seem to be lots of understanding between the leaders and. correspondent there and the conflict in syria was also raised by russia's foreign minister to an exclusive interview he gave to us to believe that maters recent decision to deploy patrick missiles on the turkish border may not be designed just to protect against drugs from syrian territory he suggested to worse there are

your families your friends the best for all of you thank you for your address and wish president barroso i've been up on the floor to the president of the russian federation plenty putting. it's about. but it's not the same and. also some. of exchange of opinion take place. range of issues from energy and trade. international and visa issues. just as usual our talks were held in a constructive spirit and. they had a lot of substance we drew conclusions about where were. the last six months after the june summit. but after the summit engine to enter twelve and we mark. the progress including the progress and trade to that grew by one third and made up three hundred and ninety four billion dollars. that is four point four percent but twenty twelve but i hope that this year it will be four hundred billion dollars but it was precisely because that i would assure you when you were going to spoil this deal with me or you. i would like to pay attention to the fact that due to recession in the euro zone. ration between russia and the european union is a very positive and constructive factor to s

claim against the farmers in charge went to court the farmers in charge sent me their orders to me or barroso telling me to wash my hands i said this is old news later you kids are yes ariel i'm not i got our senior copy owed to operate. so me to wash my hands of it i went to the courts and sacramental he got the judge deny me even talking about what i had i had to go to the judicial council would own the judge's stock and they are so releases and the courts in sacramento until this he threaten me in an elevator i had witnesses and i goes. i'm sorry i had this i had to stop there because it but i appreciate your perspective in your call out of the . individual stories are anecdotal stories i mean i have no way of knowing if it's true or not and so you know i can't really comment on it but i do know that racism is alive and well in the united states racial discrimination is why the wellness isn't some really outrageous stuff that's going on out there robert in washington d.c. you want to talk about the deficit roger robert. marc. savard . the people on the. you know the banker been already wel

so says the commission president jose manuel barroso at this press conference with that in their routine russian president has been holding talks with for the first time since his return to the kremlin decides admits there are still disagreements on energy issues and they remain committed to solving them. biggest energy supply exporting one third of you and gas well we'll be talking to our correspondent in brussels for more of an in-depth look at that you summit. the conflict in syria has been raised by russia's foreign minister an exclusive interview with r.t. so he loved believes that nato has recent decision to deploy patriot missiles on the turkish border were not designed just to protect against strikes from syrian territory he suggests there are indications the systems may also be useful against iran while talking about possible regime change in syria the foreign minister insisted that russia will play no part. in the business of regime change and some of the. regional players were suggesting to us why don't you tell president to leave we will arrange for some safe haven for him. m

>> well, i do agree with my honorable friend on this one and not with his president barroso, for this reason. that it is the national parliament that provides the real democratic legitimacy within the european union. when we are discussing banking union, it's at this house that we should account, when we're discussing the union budget it is this house the represent our taxpayers that we should account. and i always bear that in mind when i'm negotiating as it will be tomorrow at the european council. >> can the prime minister confirm the autumn statement reveals the government is now borrowing 212 billion pounds more than it previously planned? >> well, i wouldn't take this from the honorable lady if her plans were to borrow even more. the point is, i know that the party opposite was desperately disappointed that the office for budget responsibility predicted that borrowing would come down this year as well as last year. but that is the fact. >> the prime minister has rightly said that we are locked in a global economic raise. does he share my concern that having the highest aviation

under-reported free trade agreement signed when morsi was in europe earlier this summer between jose barroso and mostly. him committing egypt to a deep and comprehensive free trade agreement with europe the basically it's going to sacrifice all economic sovereignty of egypt in terms of its ability to pass foreign imports are regulated foreign capital subsidize its own interests have a coherent economic program this is all going to be sacrifice and it seems that the e.u. has been trying for well over ten years now to implement something called the european neighborhood policy which is essentially a kind of nafta the north africa that there was the free trade agreement between us and mexico ok ok let me just ask you this back to the constitution in the main argument against against the keystone is that it favors that is an instant betrays the revolution and meanwhile the reason is themselves that a document would ensure democracy which of those arguments holds more weight. i don't think it will bring about democracy and remember that the moses mandate is actually quite weak in the first round

nice to have you back. >> good morning. >> representative frost, we heard senator barroso there.ent obama want to go over the cliff? >> no, i don't believe that at all, alex. i've talked to people at a high level of the white house. they are concerned the effect this could have on the stock market, on our economy generally as well as the world markets. they don't want to go over the cliff. they've made a reasonable offer. they've moved to $400,000 as a cutoff, let everybody under that amount have their tax cuts. i feel sorry for speaker boehner who couldn't deliver his own party. if he'd been able to do that, at least somebody would have headed over to the senate and there could have been action. senate has to originate something. up to mitch mcconnell and harry reid to figure out something, send it back to the republicans in the house and hope enough will join democrat and vote for it. >> given the reasons for which mr. boehner was unable to deliver his own caucus in the house, do you think anybody could? >> i don't know that anybody -- tom would be a better authority on that as

i think the president fails to understand what senator barroso said repeatedly, which is it is a failure of leadership that we're in this boat. having said that, i think all of us would like to have certainty for the american people come january 1st. >> reporter: and obviously goes without saying, excuse me, that the president, in your words, took a swipe, because there say lot of frustration, among democrats, with house republicans. they think house republicans held this up for a long time and demanding more spending cuts than could pass. >> you know, the amazing thing is we're not going to -- we weren't asking for that many spending cuts, we're not going to get that many spending cuts. even if we were to go back to the clinton taxes, and essentially let us go over the cliff, we still have about $500 billion worth of deficit due to this 100% growth in spending under president bush and president obama. and i think republicans ask for less than they should have, we're going to have to ask for more in the way of spending cuts because once we do this very small, large increase on the wealth

barroso concert in her affiliate derivatives trades, which take place between affiliated entities within a corporate group peace market spots. there were two serious problems that need addressing. first out of the cftc is proposed will come at financial end-users have to clear purely internal traits between affiliate unless end-users posted variation margin between the affiliates are not specific requirements for an exception. if end-users have to post variation margin, and there's little to exempting trade clearing requirements is the cost could be similar. second, many end-users approximately one quarter of those who survey executes swaps at this of course makes sense as many companies make it more efficient to manage their risk sensually and have one affiliate in the market except dozens or hundreds of affiliates making trades and coordinated fashion. it appears in the regular's interpretation of the dodd-frank act that nonfinancial end-users of the situates. either dismantle are hedging centers and finding your way to manage risk or quickly rather trades. stated another way, this pro