e.u. bailout fund as european finance ministers gather in brussels the e.u. executive commission proposed the funding crease saying it present it won't be able to provide a loan if the struggling eurozone members like spain and portugal need help there are concerns from germany which is pushing for a more comprehensive approach for more insight on this let's talk to danish morton . and his tales now waiting for us live here and so let's let's talk about this and the expansion of the e.u. bailout fund is the u.s. just digging yourself into a deeper hole what was your take on the proposal. well the big question here is how much money are we willing and prepared to waste of the taxpayers' money to cover up the wishes of the euro pratt's is evidence of that that the euro is not going to be saved just pulling good money after bad money or poorly spent money the very construction of the euro is a failure because we have tried all the federalists have tried to unify something which is quite clearly. so different that economies cannot be integrated fully and that's w

e.u. bailout fund which was set up last year the e.u. commission has proposed to further deepen the fund saying it won't be able to provide and if the struggling eurozone members like spain and portugal need help already concerns from germany which is pushing for a more comprehensive approach danish m.e.p. says the e.u. bailout strategy is not a permanent cure. at bailout it's always only a temporary solution since they cover up for the lack of. unity within the euro zone it's evident to that that the euro is not going to be saved just pulling good money after bad money or poorly spent money. very construction of the euro is a failure because we have tried all the federalists have tried to unify something which is. clearly. so different that economies cannot be integrated fully and that's what we are paying the price for now you can only have a common euro common currency if you have the same financial policy that's also why the commission has suggested or demanded that all of the euro countries now shall have their budgets accepted in b

e.u. bailout strategy is not want. a bailout it's always only a temporary solution since the cover up for the lack of. unity within the euro zone it's evidence of that that the euro is not going to be saved just pulling good money after bad money or poorly spent money. very construction of failure because we have tried. the federalists have tried to unify something which is quite clearly . so different that economies cannot be integrated fully and that's what we have paying the price for now you can only have a common euro common currency if you have the same financial policy that's also why the commission has suggested or demanded that all of the euro countries now shall have their budgets accepted in brussels before the national parliaments can discuss the budgets you can only have a common currency if you have a common economic policy that was never promised it was never told before the introduction of the euro that was the first lie now is being demanded to greece portugal ireland italy and so on that they must str

independence party says the bailout won't work because of the scale of debts in the e.u. this bailout fund is really a huge bucket of money which the only people who are putting serious corners of money into it are the germans calls the germans are getting cross because the whole of the bottom of the bucket so what's actually happening is it doesn't matter how much money you put into this huge bailout bucket it's not going to work until somebody seals up the holes at the bottom of the broke the portuguese broke the spanish broke the greeks broke the broke it's plain to see that nothing's actually working the only thing that was working at the moment is the german economy and the dutch economy and some of the call come true is everything else is going badly wrong as i said it would do ten years ago when i was a guest lecturer at cambridge university this whole concept is absolutely absurd you camel have one currency for sixteen or seventeen different economies. work it isn't working it's like today the whole thing was ridiculous from the start and it's ridiculous now and mo

bailout is a good way out. i think what we're doing here is they're reinforcing failure when experts view on the future of the eurozone as e.u. finance chiefs meet in brussels to consider the bailout fund. and people across the u.s. paying tribute to talk to martin luther king on his birthday find out how some are using the name of the civil rights icon to excuse america's water broke. the middle east peace process stalled since september could get a jolt forward with the visit of russian president dmitri medvedev to the palestinian territories the plan was to hold talks with israel as well but this was spoiled when his officials went on strike leading to the visits cancellation now some say it's more than just coincidence paula investigates. it's russian president dmitri medvedev first visit to palestine but he's not meeting one israeli official because the jewish state's foreign ministry has gone on strike it insists the strike was not planned to coincide with made videos visit and was simply a call for higher wages but some say visit alterian motive there strike is a little bit selective because the visit of russian presi

e.u. bailout fund which was set up last year the discussion on whether to boost the facility took place at a two day summit in brussels the european commission and european central bank want to widen the if struggling euro zone. finance minister wants the one point five trillion euros. the biggest. increase. of the european parliament and leader of the independence party says the whole idea of the euro zone was wrong from the very beginning. i think what they're doing here is they're reinforcing failure at the end of the day like greece and portugal. should never of joined the euro in the first place trapped inside the economic. policies that. build up in the morning. and this really is a tragedy because these people. we have. actually killed on the streets. if they hold the eurozone together. those countries are going to get worse and what it really needs is a frank assessment which is there is an argument. with germany holland and a few countries possibly france as well but there is an optimal. but can work together for the north and south of europe to be stuck inside a monetary union is

e.u. bailout fund which was just set up just last year but discussion on whether to boost the facility took place at a summit in brussels the european commission and european central bank want to widen the fund of struggling eurozone members like spain and portugal need help belgium's finance minister wants the pot doubled to one point five trillion euros however germany the biggest eurozone economy so far ruled out any substantial increase nigel a member of the european parliament and leader of the u.k. independence party says the whole idea of the eurozone was wrong from the very beginning. i think what they're doing here is they're reinforcing failure at the end of the day countries like greece portugal ireland and possibly. should never of joined the euro in the first place trapped inside of economic prison with a whole set of policies that. i think the more we build up. the more in effect we're pouring. i'm this really is a tragedy because these. people. you know. we have mass demonstrations we have had people actually killed on the streets. if they hold the eurozone together. going to

e.u. bailout others economy teeters on the brink the country's a burring rates jump to record levels amid reports germany and france are pushing it to accept outside help portugal's finance minister says the country's taking steps to reduce its massive debt and won't need rescuing like greece and ireland. now the russian province of the courage of the cages in the east of siberia has the and then vehicle reputation as one of the most hostile environments known to man but the locals and their rather excitable choice of transportation don't seem to mind all that much artie shaw and thomas tell us how they've adapted to life in one of the coldest places in the world. time temperatures for exploring the modes of transportation are fast you are already one of the whole region around acquired it we decided to pick our form of transportation and map three lines. back. and one of. these dogs can live in an extremely harsh environment they can stand easily winter temperatures going up from minus fifty to minus sixty degrees with strong winds and very hot summer temperatures from plus thirty to plu

e.u. bailout fund which was only set up last year the european commission and european central bank want to widen the fund to give it more flexibility if larger eurozone members like spain need help belgium's finance minister wants the pod doubled to one point five trillion euro however germany of the biggest eurozone economy has so far ruled out any substantial increase a reflection of the major tensions within the union and morten messerschmidt of denmark says the battle to save the euro by bailing out countries in trouble involves measures never agreed on when the single currency was created. you can only have a common euro a common currency if you have the same financial policy that's also why the commission has suggested or demanded that all of the euro countries now show have their. accepted in brussels before the national parliaments can discuss the budgets you can only have a common currency if you have a common economic policy that was never promised so much they were told to before. the introduction of the euro that was the first lie now is being demanded to greece portugal irelan

e.u. bailout fund which was only set up last year european commission and european central bank one to widen the fine to give it more flexibility if larger euro zone members like spain need help belgium's finance minister wants the pot doubled to one point five trillion euros however in germany the biggest eurozone economy has so far ruled out any substantial increase or reflection of the major tensions within the union. member of the european parliament for the u.k. in a panel's party says a bailout won't work because the euro is doomed to failure. this bailout fund is really a huge bucket of money which the only people putting serious cauldrons of money into it are the job. i'm calls the germans are getting cross because of the home at the bottom of the bucket so we're going to be humming it it doesn't matter how much money you put into this huge bailout bucket it's not going to work until somebody holes at the bottom of the building. portuguese broke the spanish it broke the greeks it broke the orange the broke plain to see that nothing's actually working the only thing that was working a

e.u. bailout fund the e.u. commission says the existing one won't be able to provide a loan if the struggling eurozone members like spain and portugal need help they're ready concerns from germany which is pushing for a more comprehensive approach where for more insight on this story we can now talk to god. and the hunger for the u.k. independence party thanks very much indeed for joining us here on our team now the german finance minister has actually said he was somewhat surprised by this latest proposal are you. well i can't say that i'm surprised but of course this bailout fund is really a huge bucket of money which the only people that putting serious qualms of money into it the germans and of course the germans are getting cross because the hole at the bottom of the budget of the bucket so what's actually happening it doesn't matter how much money you put into this huge bailout bucket it's not going to work until somebody seals up the holes at the bottom so i think the german taxpayers are quite right to

e.u. bailout as its economy teeters on the brink big andre's borrowing rates jumped to record levels amid reports germany and france are pushing it to accept outside help portugal's finals minister says the country is taking steps to reduce its massive debt and won't need rescuing like greece and are. coming up later. here how one european government hasn't pfizer the wrath of fiendish powers with its new tax that. which is curse income tax ruling so because of the financial crisis and the collapse of the banking systems and g.d.p.'s around the world romania's government has started. taxing witches of fortune tellers from the first of january this year and because of this the witches are basically cursing the government now queen which brought her a booze there is fierce about the new law and she says that she plans to cast a spell using a particularly effective concoction of cat excrement and a dead dog yet won't goldman sachs collateralized debt obligation most of it is cat extreme it and dogs this is what they're finding the federal reserve bank's balance sheet in washington the reason

e.u. bailout fund which was only set up last year european commission and european central bank want to widen the fun to give it more flexibility larger eurozone members like spain and need help belgium's finance minister wants the pod doubled to one point five trillion euros however germany the biggest eurozone economy has so far ruled out any substantial increase a reflection of the major tensions within the union nigel farage a member of the european parliament and leader of the u.k. independence party says the whole idea of the euro zone was a failure from the very beginning. i think what they're doing here is they're reinforcing failure at the end of the day countries like greece and portugal and ireland and possibly spain should never have joined the euro with the first place they are now trapped inside of economic prison with a whole set of policies that circumstances and i think the more we build up. the more in effect. the bad this really is a tragedy of any point in time the german people have been asked initially whether they want to give up the deutsche mark they have said no and

e.u. bailout fund for its floundering states while many supported the drive six of the wealthiest nations including france and germany indicated they were reluctant to pour in yet more money u.k. anything nigel for raj says increasing the funds will keep struggling even then this in an economic prison. i think what they're doing here is they're reinforcing failure at the end of the day countries like greece and portugal and ireland and possibly. should never have joined the euro in the first place trapped inside an economic prison with a whole set of policies that. i think the more we build up. the more in effect we're pouring. and this really is a tragedy because these people. you know. we have mass demonstrations we have had people actually killed on the streets. together then the conditions in those countries are going to get worse and what it really is a frank assessment which is there is an argument. with germany and holland and a few countries possibly france as well but there is an optimal. but. for the north and south of europe to be stuck inside a union is never ever going to wor

e.u.-i.m.f. bailout agreed on last november. car maker opel has finalized its transition back to a publicly traded stock corporation five years after general motors made it into a private limited company. the attempt to manage opel from the state has failed. by 2009, it was on the verge of bankruptcy. >> opel is confident its new fleet of models would attract more buyers. in the past six months, then increased market share in europe from 8% to 10%. the return for corporate status gives employees a bigger say in decision making. they have traded wage concessions against more influence. >> will be able to recruit the best people. it provides confidence in our future and in our financial strength. >> opel will have more independence from gm to develop designs, allowing it to better respond to european customers. in the past, gm was accused of neglecting its subsidiary. >> the company will become very transparent. that means that wherever the logo is it will truly be an opel product. >> into a dozen 5, at gm turned opel into a priva

e.u. finance ministers meet in brussels to consider the bailout fund in case struggling eurozone members not spain and portugal need help but experts warn no amount of money to help economies in crisis will save the. claims of a large area. poisoned by sunken nato weapons sports concerns over a toxic legacy that is in danger of people's health government and keeping the public in the dark. and the growing gap between rich and poor in the us is driving some to a new form of civil protest breaking the law to help the underprivileged the so-called economic disobedience is more subtle than open demonstrations as many taking place under. without one of update fourteen fifteen minutes from now in the meantime right wing political parties are making grounds for out europe and mixture of anti muslim sentiment on a hardline on immigration is striking a chord with voters when i caught up with bruno ganesh she's a member of the european parliament from the french national front that interview next. now are you a member of the european parliament or what impact do you think that has had on our french na

s popularity amid the country's economic crisis and the bailout by the e.u. rand i.m.f. . ousted a former dictator valley has called the national reconciliation in haiti to returning from exile he said that his return was out of solidarity with victims of last year's devastating earthquake adding that he wants to rebuild the country devalue it was deposed more than two decades ago on wednesday he was briefly detained and charged with corruption and embezzle his time in power. american congress woman gabrielle giffords who was shot two weeks ago has been transferred to a special we have but haitian center in texas dunks is described the move as flawless adding that she smiled and even shed tears on hearing the pool's from well wishes police have installed additional security at the building which specializes in treating traumatic brain injuries if it's shot in the head earlier this month when a gunman opened fire at a constituency meeting leaving six people dead. america is witnessing the biggest british cultural invasion since the beatles this time the brits have been bawl

this week portugal's prime minister repeatedly insisted his country won't be asking for a bailout from the e.u. because it doesn't need one there's a socrates said the country was on track to restoring its economy and valid to continue with stricter staring measures such as pension cuts and tax increases his comments follow speculation the portugal is next in line for a loan after greece and ireland the eurozone is currently in the grip of a debt crisis that is threatening to block financial stability and experts fear portugal's demise could worsen the spanish economy financial advisor marco pierre probably says a bailout would solve the fundamental flaws in the concept of the eurozone. this is not in any kind a way a final solution for the european debt crisis it is just buying time for these countries so that hopefully they will be able to get in control of their fiscal situation and the markets will start to to believe in them again that they're able to service their debt moving forward in reality what's happening is burdening this country with these countries a lot more debt to service and

s popularity has plummeted and made the country's economic crisis and its bailout by the e.u.and i.m.f. . u.s. congresswoman gabrielle giffords who was shot two weeks ago has been transferred to a special rehab center in texas doctors describe the move as flawless adding that she smiled and even shed tears on hearing applause from well wishers police have installed additional security at the building that specializes in treating traumatic brain injury giffords was seriously wounded when a gunman opened fire at a constituency meeting leaving six dead. check out our highlights that are online for you right now at r.t. dot com. the u.s. witnessing its biggest british cultural invasion since the beatles except this time u.k. talent is dominating american t.v. schedules. and should he stay or should he go with lenin still manages to provoke controversy with debates raging over what to do with his in body. when it comes to extreme sports russians are never afraid to break new ground smashing a hole through the ice before diving into murky depths is just one way thrill seekers are en

s popularity plummeted amid become trees economic crisis and the bailout by the e.u. and i.m.f. .american congresswoman gabrielle giffords who was shot two weeks ago now has been transferred to a special rebuilt taishan center in texas doctors described the movers flawless adding that she smiled and even shed some tears when she heard applause from well wishers police have installed additional security at the building which specializes in treating traumatic brain injuries giffords was seriously wounded when a gunman opened fire at a constituency meeting that left six people dead. haiti's ousted former dictator called the valley is being called a house call rather for national reconciliation after returning from exile he said that his return was out of solidarity with the victims of last year's devastating earthquake adding that he wants to rebuild the country the valley was deposed more than two decades ago when his day was briefly detained and charged over corruption and embezzlement during his time in. oh as player you look at online tonight dot com let's see what's a few clicks

e.u. is trying to do with this massive bailout package seven hundred fifty billion euros is to try and buck the markets but you can't do that national governments never have enough money to actually out maneuver and out bid bond markets or private markets they have more money available and it's not going to work i mean spade i believe will bring down the euro some time early the new here and why is that because spain the load will need a bailout package equivalent to half the entire bailout package which already has a hole in it for ardent hundred billion proximately and portugal is in trouble and greece is still in trouble so i don't think it's going to work and of course as the german constitutional court challenge as well which may well there's a loud the germans from backing any rescue package you know under their own legal rules many economists now doing to agree with e.j. they're saying that the euro won't collapse imminently and that germany has such a vested political interest in supporting it that it will keep on doing that is that the view from inside the european parliament well

e.u. is trying to do with this massive bailout package seven hundred fifty billion euros is to try and buck the markets but you can't do that national governors never have enough money to actually out maneuver and out bid a bond markets or private markets they have more money available. and it's not going to work. some other world news headlines now for you this hour a suicide bomb blast in the capital kabul has left eight dead and over twenty nine others injured attacker is said to have been riding a motorbike when you blew himself up alongside a bus explosion happened close to the parliament building in offices run by foreign companies. fourteen people have died and ninety and missing in australia's worst flooding for a century thousands of residents in britain cover the evacuated their homes of massive floods hit the central business district the water levels expected to reach their peak in the region by thursday many residents stocked up on food supplies and headed to emergency shelters. the world update at a moment haiti is marking the one year anniversary of the massive earthquake tha

e.u. is trying to do with this massive bailout package seven hundred fifty billion euros is to try and buck the markets but you can't do that you national governors never have enough money to actually out maneuver and out bid bond markets or private markets they have more money available. and it's not going to work. china has confirmed it's conducted the successful test flight of its new stealth fighter it is now the third country to put a stealth prototype into the air following on the heels of russia and the u.s. but a technology strategy analyst told r.t. that china has a long way to go before it can boast having a next generation jet. normally every six foaling generation should be much difference in capabilities from the previous one it should be multi-functional multi-role aircraft which is able to be reconnaissance aircraft intercept ground attack and so on so for the chinese machine we should probably call demonstrate of technology all brought prototypes because we already had it in russia of both. before design view or they had a prototypes which they used to work on sort of techno