this is the world christine legarde inherits as she begins at her new post as managing director of the international monetary fund in her first formal meeting with the press at the i.m.f. headquarters in washington she seemed optimistic in her hopes the international monetary fund is here to serve and to provide services to its hundred and eighty seven members it's not the sexiest of news stories but still the inaugural press conference for the new managing director of the i.m.f. did garner quite a bit of media attention most likely it had less to do with christine lagarde herself and more to do with the reason why she's here. campbell what lessons do you think ought to be drawn from the way the u.s. legal system handled this case we could be any reforms in the human rights and human resources policies here do you plan any changes in them in light of the controversy over mr strauss kahn the controversy of course with dominique strauss kahn accused of raping a hotel maid in new york that case now starting to crumble after it turned out the maid had credibility problems but back to the i

on christine legarde enters the world of a cash strapped europe as head of the international monetary fund predecessors sex scoundrelism a shot of her appointment. next to find out why an army journalist and bars on a one man walk across the entire five hundred mile length from his home state of utah and if you cheat these girls that's in our special report stay with us. can we. do. what i came home it was amazing i was honestly one of the best friends of my life i thought i was going to pass out i was so happy. there was my wife and my daughter that i hadn't seen for a year and it was just almost too good to be true i was going to. at the same time there was only so wonderful because it's been the last year away from them in iraq which was terrible and so when a t.v. camera man came up to me and asked me some.

is giving christine legarde much to think about in her first days in charge of the i.m.f. she told reporters that she's picking up the baton from her predecessor to deal was a problems and reforms that began under stross khan's watch but she's christine says there is still more interest in muckraking then money matters. from violence on the streets of the middle east. to protests in north africa to europe. or portugal's credit rating has been deemed junk. engine grease. or unemployment hovers at about sixteen percent and the debt crisis has sparked anger nearly all of this anger stemming from poverty and failed economic policies in the u.s. as well high unemployment sits atop a mountain of problems like the housing crisis and slow financial growth. this is the world christine legarde inherits as she begins at her new post as managing director of the international monetary fund in her first formal meeting with the press at the i.m.f. headquarters in washington she seemed optimistic in her hopes the international monetary fund is here to serve and to provide services to its

chief christine legarde first challenge is to deal with the construct a year as well as the world's continuing economic crisis but it is obvious christine facade reports there's still more interest in muck raking than money matters. from violence on the streets of the middle east. to protest in north africa to europe. portugal's credit rating has been deemed junk. in greece. where unemployment hovers at about sixteen percent and the debt crisis has sparked anger really all of this anger stemming from poverty and failed economic policies in the us as well high unemployment sits atop on the mountain of problems like housing prices and slow financial growth. this is the world christine legarde inherits as she begins at her new post as managing director of the international monetary fund and her first formal meeting with the press at the i.m.f. headquarters in washington she seemed optimistic in her hopes the international monetary fund is here to serve and to provide services to its hundred and eighty seven members if not the sexiest of news stories but still the inaugural press conference that i

christine legarde enters the world of a crush perhaps in europe america's right and one of several dozen new head of the international monetary fund but it's no precesses sex scandal still drawing attention and she inherited the post. that's months since not rising began in syria against the rule of present onset but the day a new attempt to broker peace however the opposition says it doubts dialogue will be possible with the regime itself is still arresting and killing its people next to syria's deputy foreign minister says his views are no solution can be found. so you get old like to talk about what has been going on in syria with the last three months of war again please come in under us in fact that. i want to know what . syria has seen complicated events in these three months when religious extremists started to destabilize the country's peace and security and undermine stability in syria of course the mass media have also done their bit to resent syria in an unfavorable light as a country that is hostile towards its own people never in the history of modern syria as the country be

s our twenty minutes past the hour here in the russian capital christine legarde has become the first woman at the helm of one of the world's most powerful financial organizations but the new i.m.f. chief isn't shying away from putting the heavy burden of the earth's problems on her shoulders. and has more on the implications of the appointment for the global economy. christine lagarde appointment keeps the european at the head of the world's top lender keeping the long held tradition intact and in a debt crisis having one of its own chairing the international monetary fund could be more important than ever for europe i think. internet knowledge of those mechanisms of the european community and the eurozone of its many leaders can't help but the guards main competitor was augustine carstens from mexico who argued her point mind would only edge to the perception of i.m.f. by its there could be some conflict of interest i mean at the end of the day now their main borel are of the institution with me they were all of europe or so will have its inclusion were they war or stormin eighteen

here without a live from moscow now the french finance minister christine legarde has been elected as the new chief of the international monetary fund this week but there is concern that a european in charge of the i.m.f. will spell even more western bias and unfair privileges. nature can explains christine lagarde appointment keeps a european at the head of the world's top lender keeping the long held tradition intact and in a debt crisis having one of its own chairing the international monetary fund could be more important than ever for europe i think that my intimate knowledge of those mechanisms. of the european community and the eurozone of its many leaders can help the guard's main competitor was augustine carstens from mexico who argued her appointment would only add to the perception of i.m.f. bias there could be some conflict of interest i mean up in those a bit they know their main borel's institution will be europe so we'll have a situation where they will roll or stormin eighteen to create thirty institutional emerging economies the engine of global growth in recent years

geithner and christine legarde in charge of the imf say it would be catastrophic, and do you believet will happen? >> no, not really. >> you don't. >> every time this comes up, we are told that it is the end of the world as we know it. well, guess what, if we go the way of greece, it is the end of the world as we know it. how about a better idea.ç let's cut some spending. you know, the government accounting office says there are hundreds of billions of dollars in waste and fraud in government spending right now. let's start by cutting it out. if we start cutting it out, we don't have to por ro-- don't ha to borrow. >> do you want us to default? >> no, i prefer not. what i want is to cut spending, but we have to remember this, when and we are talking about default, when the government cannot borrow anymore money, we can prioritize our debts and pay our debt service, and if we pay the debt service, there is no default. >> this nation has never defaulted on its dets. >> yes, the constitution says that the full faith and credit of the united states, and what i am saying is that we can p

. >> the international monetary fund, the imf, with its new head, christine legarde, says that financial markets would face a "severe shock. "if the u.s. does not move to increase its more borrowing authority. house speaker john boehner says the focus should be more on cutting our massive $14 trillion debt, not making a new borrowing deadline. >> nobody believes the united states will walk away from its obligations. dealing with this debt problem and this deficit problem is far more important than meeting some artificial date created by the treasury secretary. >> question, why has the debt ceiling caused a political impasse? pat buchanan. >> the democrats don't want to give up on their entitlement program and takes cuts and things like medicare. secondly and more important, republicans aren't going to give them a dime in tax hikes, john. but i'll tell how will win this. boehner has nor confidence, you see the president talk income panic. what the republicans will do is wait until about july 20th, and then take the biden cuts, all the biden cuts in social programs, tie them to the debt ce

helm of lot of the world's most powerful financial organizations but the new i am after she's christine legarde isn't shying away from putting a heavy burden of the earth problems on her shoulders that is to count as more on the implications of the points for the global economy. christine lagarde appointment keeps a european at the head of the world's top lender keeping the long held tradition intact and in a debt crisis having one of its own carrying the international monetary fund could be more important than ever for europe i think so. intimate knowledge of those mechanisms. of the european community and the eurozone of its many leaders can help lead guards main competitor was augustine carstens from mexico who argued her point meant would only add to the perception of i.m.f. why it's there could be some call for me to feel interest i mean they know their main borel are things and pollution will be they will europe north so will have his inflation were they war or stormy meaning to create the institutional emerging economies the engine of global growth in recent years are vastly under-repres

the very fact that they've appointed such an end and notorious anti-labor advocate is christine legarde british should just leave all the countries to say look you're very formidable we've got to start over again this is we're not going to stand for it right dr michael hudson are going to leave it there thanks again for being on the geyser report thanks as a very.

no man's land french finance minister christine legarde steps into the global economies tampa was the first woman ever to have the international monetary fund. and we find out whether it could yet again become a boiling pot in the middle east as thousands take to the streets accusing the interim government of a lack of change. the captain of a gaza aid ship has been arrested by greek authorities after trying to leave port without permission several ships with activist and humanitarian aid for the blockade of palestinian territory were stopped in the port of parana near athens on friday campaigners claim greece is working under the orders of israel and the u.s. for to was drawing parallels to the gaza bound convoy that was stormed by israeli marines last year and resulted in the deaths of nine people and our team correspondent is on board one of the ships that's been scenes and she says people are still determined to carry on with their mission despite this action. he knew not what did or did not tell you will not give up there are twelve members of european and other national carloman

the very fact that they've appointed such an end and notorious anti-labor advocate is christine legarde british should just lead all the countries to say look your eerie formable we've got to start over again this is we're not going to stand for it right dr michael hudson we're going to leave it there thanks again for being on the geyser report thank you know it's a very pleasure to be here. and that's going to do it for this edition of the kaiser a par with me max kaiser and stacy herbert i thank my guests dr michael hudson if you want to send me an e-mail please do so at kaiser report in r t t v dot ru until next time this is max guys are saying.

christine legarde the best fit for the job so did several emerging markets including russia and china but she faces the difficult task of appearing independent despite her past rising animal sparboe not to cement even further the perception that the i.m.f. exists only for the benefit of its creditors i'm gonna check our reporting from washington hard to. see how a twenty five minutes past the hour here in moscow pakistan has the u.s. to shut down and leave an f.a. so the country's southwest facility has served as a launch pad for washington's drone attacks against militants on the volatile afghan border pakistani political analyst believes the only way to stop the violence is to end the so-called war on terror. one of the main reasons for the for the continuation of violent activity on the pakistan of ghana's done border is the mess that the us military has created inside of coniston over the past decade the mass there the way they have alienated a large portion segment of the afghan population in terms of the push to try to the way they have conducted the war on terror there the way