e.u. example and learning the lessons of what not to do well let's hope for the best ok all right gentlemen we're going to a short break and after that short break we'll continue our discussion of the cia and state. if you could want. twenty years ago the largest country in the world to certain places of. what had been the chamber which began a journey. where did it take them. soon which brightened. all about song from phones to impressions so. these firms don't totty dot com. we've. come. to believe. and it can be stored. in the i'm so funny. welcome back to cross talk i'm curious about her mind you were talking about the commonwealth of independent states. and it. just started. ok nikolai if i go back you'll promise i think one of the interesting things and that's what's really misunderstood even by a lot of russians actually about the c.i.s. is that it's all based on. bi lateral agreements so russia will have an agreement with kazakhstan kazakhstan has the bilateral back with russia but there are very few c.i.s. instruments because this is was done intentionally to be very decentralized

e.u. example and learning the lessons of what not to do well let's hope for the best ok all right gentlemen we're going to a short break and after that short break we'll continue our discussion see how you stay. if you want to. twenty years ago the largest country in the world disintegrated. what had been more than that each began a journey. where did it take them. mission free could you take three months for charges free arrangement free. free. to tide free. download free broadcast quality video for your media projects and free media down to r.t. dot com. and. welcome back to cross talk i'm getting the belt remind you we're talking about the commonwealth of independent states. ok. ok nicholai if i go back to one promise i think one of the interesting things and it's what's really misunderstood even by a lot of russians actually about the c.i.s. is that it's all based on by lateral agreements so russia will have an agreement with kazakhstan classics and has a bilateral back with russia but there are very few c.i.s. instruments because this is was done intentionally to be very decentralized

e.u. example and learning the lessons of what not to do well let's hope for the best ok all right gentlemen we go to a short break and after that short break we'll continue our discussion see how you stay. if you could want. twenty years ago the largest country. to certain places of. what had been a commitment to each began a journey. where did it take the. band . me it is easy to. feel. the. same. and it. seems. you want to. welcome back cross talk time you know about so much more talking about the coming months. independent states. you can. look at nikolai if i go back to one province i think one of the interesting things and it's what's really misunderstood even by a lot of russians actually about the c.i.s. is that it's all based on by lateral agreements so russia will have an agreement with. exxon has the bilateral back with russia but there are very few c.i.s. instruments because this is was done intentionally to be very decentralized because of the memory of the soviet union and presumably the memory of the russian empire itself so it's really what you put into it is what you get out

e.u. would have wanted to begin with for example the u.k. and germany have been calling for definitely stronger sanctions center earlier this week france had been urging e.u. countries to immediately impose acid free an asset freeze on the central bank of iran as well as a suspend imports of oil from the country however this didn't go down well with some countries such as in spain and greece and italy because they significantly rely on rain at all and they have said there will be no sanctions on oil in iraq this is coming at a time when there economies are already battered as it is so divisions among you countries clearly some of them i think of their national interest which is which is only natural at this point so again they have come up with fresh adding adding to that list that already exists and this is coming on the back of course of an angry a u.k. after hardliners had slammed the embassy in tehran the u.k. had already withdrawn its ambassador to the country and this move was followed by france germany and the netherlands in support of

e.u. is a perfect example of this a perfect petri dish it started with well ireland and greece from the no seeing portugal and spain italy and it's progressing towards the center and it's actually now dragging down involving french banks german banks and the whole system over there and that of course i think is just another symptom of course people are now in large money managers are migrating to where there is still some stability in the core that's the united states but if you look at the united states fiscal predicament it's exactly the same situation as you see elsewhere it's a losing of stability right now the illusion of stability so dr martin said what is going to be the breaking point and what do you see as replacing. currencies well listen the we have we have too many outstanding debts denominated and incur and see there's only two ways to make that go away one is you default on it and the second is you pay it back if we agree it can't be paid back under current terms we can default on it but there's two ways to default one is you actually just default on it everybody understands

e.u. and other unions on is another example in southeast asia all these components will certainly lead to integral unification the cooperation council is exactly that kind of union in terms of integral unification it's a union addressing the problems of its brothers in yemen after other important affairs the cooperation council acts as an integral union you could say that these moves by the council testify it was created and developing in the right direction to consolidate all the positive forces in the region have to. do think the yemen crisis is closer and then delta president ali abdullah saleh signed the gulf initiative on agreeing to resign. and yemen. yemen is not a simple country i have always stressed that when addressing conferences on security in yemen and meetings of the council i said yemen could not lose as a state the policy of certain individuals under the group in power may lose but a country like yemen may not that is why the documents signed by celek in riyadh with the king of saudi arabia and ministers from cooperation countries attending is very important in setting th

the european union should set an example. if e.u. banks wish to remove licenses of third-party banks, then so be it. perhaps nationalization of some financial institutions would not be adequate for the current crisis. the consequence of the crisis that has been a lasting since 2008 have already become unacceptable to the majority of citizens. young people have no future. we are unable to properly divided social security for working people. countries such as island -- ireland, portugal, spain, italy. the citizens of all e.u. countries have been hit by the austerity measures. that is the cherry on the cake of the neo-liberal policies of the bottom all boards. these policies led us into the crisis. it is only through socially oriented policies that we can put right the policies of blindly following the market. austerity is not going to lead to any growth or find a way out of this crisis. >> thank you very much. >> mr. chairman, thank you. i have often asked myself the question, why would a successful country that has enjoyed 1000 years

e.u. member states to tierra writing as fast as their economies the most notable example of the exchanges between france and britain which are being getting progressively more diplomatic and that's one of the themes being discussed in today's kaiser report with max. but if you french the british so french finance minister and really this childlike behavior going on as the last resort when all else fails you throw mud pies that eats out there on the playground right it's a roast beef versus the frogs going on of course any sane person would rather be french and british just look at a recent study that came out about facebook users seventy five percent of british facebook users feature photos of themselves drunk. ok that should tell you something about that country all the policy makers are drunk mervyn king is mostly in the bag all the people who are trying to do business over there in the city of london are for the most part in a brief. while we are about seven minutes away from the business news here on r.t. but for now police in denver dispersed dozens of demonstrators who had set fire

to be the case for the eurozone so let's take greece for example besides billions of euros which have already been allocated to bail it out e.u. leaders have approved yet another tranche the enos to pay off its three hundred sixty billion euro debt preventing it from going under and taking others with it many fear the tactic will not work it's all about physics review no matter how strong the material is like this piece of metal with the right amount of pressure it will break. and unfortunately for the euro zone the laws of physics are called universal for a reason meanwhile the pressure is rising and the latest e.u. summit in brussels showed the economic crisis is creating cracks in the union britain walked out of a deal put forward by germany and france to revise the e.u. treaty and create a fiscal union with a tighter grip on finances but analysts to warn the integration may take too long with some countries facing a possible referendum on the deal this year a package will take until march to implement and i think in the meantime the eurozone in particular the mediterranean countries are extremely vulnerable indeed and i d

e.u. or is this sentiment being felt by other members. no i think there are resentments now building up in other member states i mean take finland for example albeit a relatively small country in terms of population in their general election back in april this year a party that wants finland to leave the euro and to stop contributing to the bailout funds for southern europe nearly won the general election the same thing is happening in the netherlands and right across the north of europe we are seeing new political movements springing up saying look we are unhappy with what the established order has done they're costing us a fortune their policies are failing and they're stripping us of democracy and you know democracy matters because it's a safety valve you may not like the government that is relieving your country today but you promise to get rid of them and replace them with somebody else when you take that away all you leave people with is civil. action taking to the streets and that consume breakdown into civil disorder we have seen in greece in the last few months hundreds of thousands of people out on the streets protesting because t

example of this. the pnr agreement, actually, will be with the e.u., which means we've had to negotiate with the commission, we've now finished an agreement and initialed it. we anticipate it to be approved by the council next week on the 13th, and then we will have to go and have it ratified by the european parliament. we have been the lead negotiator for the u.s. on this agreement, and one of the key sticking points has been data privacy protection which is one of the fundamental rights in the charter of rights in the e.u.. you know, there, you know, one of the key things we've had to do is to educate our e.u. partners that the united states values privacy too, and we value our personal information. we just have different legal systems by which to address them. and in the new pnr agreement i think we've reached accommodation with the e.u. privacy interests consistent with the way the united states handles privacy and data protection issues. at the same time, by being able to exchange pnr and have that agreement in place we will have one of the more effective and important tools available to us to know ab

example of this. the pnr agreement, actually, will be with the e.u., which means we've had to negotiate with the commission, we've now finished an agreement and initialed it. we anticipate it to be approved by the council next week on the 13th, and then we will have to go and have it ratified by the european parliament. we have been the lead negotiator for the u.s. on this agreement, and one of the key sticking points has been data privacy protection which is one of the fundamental rights in the charter of rights in the e.u.. you know, there, you know, one of the key things we've had to do is to educate our e.u. partners that the united states values privacy too, and we value our personal information. we just have different legal systems by which to address them. and in the new pnr agreement i think we've reached accommodation with the e.u. privacy interests consistent with the way the united states handles privacy and data protection issues. at the same time, by being able to exchange pnr and have that agreement in place we will have one of the more effective and important tools available to us to know ab

e.u. treaties. >> will accommodate the large number of back dangers as i always wish to do, what is required is brevity, a textbook examplewhich will be provided by mr. kris bryant. [laughter] spent example of irony there i think, mr. speaker. the single most important thing that our voters are saying for months and weeks is there's a crisis going on in the economy across the whole of your. and that's depressing the economy in this country as well. they want to make sure they have jobs to go to next year. last week the prime minister surrendered an opportunity to do that the key surrender his seat and he surrendered to us back dangers. is in the ashamed? >> and it all started so well. he's right that there is a real crisis of jobs and opportunity across europe, and a lot of that is linked to the chilling effect of the eurozone crisis. some of the eurozone crisis needs to be resolved with better fiscal integration and you can argue about whether or not that really requires a treaty change that was being pushed for by france and germany. the real agenda to help the eurozone and help growth and jobs is actually by competitiv

e.u. treaties. >> will accommodate the large number of back dangers as i always wish to do, what is required is brevity, a textbook exampleof which will be provided by mr. kris bryant. [laughter] spent example of irony there i think, mr. speaker. the single most important thing that our voters are saying for months and weeks is there's a crisis going on in the economy across the whole of your. and that's depressing the economy in this country as well. they want to make sure they have jobs to go to next year. last week the prime minister surrendered an opportunity to do that the key surrender his seat and he surrendered to us back dangers. is in the ashamed? >> and it all started so well. he's right that there is a real crisis of jobs and opportunity across europe, and a lot of that is linked to the chilling effect of the eurozone crisis. some of the eurozone crisis needs to be resolved with better fiscal integration and you can argue about whether or not that really requires a treaty change that was being pushed for by france and germany. the real agenda to help the eurozone and help growth and jobs is actually by competi

e.u. treaties. >> will accommodate the large number of back dangers as i always wish to do, what is required is brevity, a textbook exampleof which will be provided by mr. kris bryant. [laughter] spent example of irony there i think, mr. speaker. the single most important thing that our voters are saying for months and weeks is there's a crisis going on in the economy across the whole of your. and that's depressing the economy in this country as well. they want to make sure they have jobs to go to next year. last week the prime minister surrendered an opportunity to do that the key surrender his seat and he surrendered to us back dangers. is in the ashamed? >> and it all started so well. he's right that there is a real crisis of jobs and opportunity across europe, and a lot of that is linked to the chilling effect of the eurozone crisis. some of the eurozone crisis needs to be resolved with better fiscal integration and you can argue about whether or not that really requires a treaty change that was being pushed for by france and germany. the real agenda to help the eurozone and help growth and jobs is actually by competi