union because of the european economic eery agreement between iceland on norway and the european union and because we are part of the schengen we are in many respects inside the european union but we are not part of the monetary policy we are not part of the political corp we are not part of the fisheries on the culture policy but in number of other areas we are interpol part of the union so it's a kind of almost you asian where the moment of the people mostly. cited almost twenty years ago but the fact of the month. in iceland we have a relatively high proportion of people born elsewhere by european standards we have about six seven eight percent of the those who live in iceland were born elsewhere they come from many different countries they come from poland the nordic countries they come from. they come from the from the balkan countries and they live in the villages and towns or more were done so follow the homefront really in my country been any tension or conflicts us you have seen for example in denmark or in sweden as you refer to it so we have so far so good to have a harmonio

so this european enrichment has always been present in russian/european relations. and after the end of cold war, i think we have the best opportunity ever to develop this mutual partnership. >> rose: because when the obama administration came in, the operative word was "reset." what's been reset? >> i believe it was a very courageous decision by president obama who decided to reset... as far as we are concerned he did reset the american policy vis-a-vis russia. we never changed our desire to be friends with the united states. is president putin at that time, at the time of 9/11 tragedy was the first one to call president bush and extend his hand of friendship and help and he was instrumental in arranging logistical support for the united states to throw away al qaeda and afghanistan. and we were as open as we could be and we frankly sensed at that time that president bush was responsive, but somehow the chemistry which existed at the level of the leaders did not translate top the working level. and that certain... at a certain point we basically were thrown back to

union but if there's no european government and till they get european government they're not going to play or be able to play a major part in the world the world of. the collapse of the greek economy has impacted the whole of the european union. and does this mean that the e.u. is vulnerable as a groupie well of course it is because it was based on the idea that everyone is progresses at the same rate well if there are some weaknesses. in some parts of it it affects the whole lot because it means that the exchange rate is weaken and it also means that some countries like germany have to bail out other countries so if anything goes wrong in one part of the union it's the responsibility of other countries and they didn't think they were going to have to assume those responsibilities so i think the greek the greek crisis has impacted the whole of the union immediately immediately it. created a crisis of confidence in the euro germany and france want there to be consequences for the countries which run up excessive deficits like greece is this a necessary step well of course i think pe

to the european court of justice. james robbins reports. >> president sarkozy ordered the clearance of roma camps back in july. he said they had become breeding grounds for crime, prostitution, and child exploitation. more than 1000 were deported from france, most to bulgaria and romania. the european union just as commissioner has announced further investigation of french actions and the country's insistence that there were not discriminatory. it could lead to full legal action. >> the commission has found that france has not properly applied in its french law the procedural guarantee which are foreseen for all e.u. citizens in the european directive. that is why this needs to be corrected. that is why we have acted. >> the main complaint from brussels is that france is not guaranteeing the freedom of movement of the citizens and does not incorporate those rights in french law. france argues it can deport those who are judged a public security risk. the roma argue the european commission is doing too little to protec

stops but gets less if european if european growth. as a result of these cops everywhere if american growth slows down then the germans will not be doing so well and i don't think they'll be doing as well as they are now in over the next year i think they're going to face a moment of truth when everyone slowing down is going to be very bad for the german economy the german economy will slow down to you criticize the decision of the european leaders to withdraw all fiscal stimulation programs which have been operating over the last two years could this cause a slump in logic. i think i think it can i think the the with the withdrawal of the fiscal stimulus is very is very risky because it's been like a lifeline it's been a life support. them and everyone said oh really the big big problem is the hole in the government finances the that this pending much more than they're raising in revenue it's not the hole in the government finances that's the problem it's the hole in the economy that's the problem and you know if you if you deal with

we don't wait until european legislation or regulation coming up. we also have no brussels, no belgium, but european towns, towns in europe, trying to find one another and to press, to put pressure on mayors and regional ministers to commit themselves to invest in bicycle policies. so those towns can learn from one another. as i told you, brussels, i have found several similarities with the two towns i have been getting to know now yesterday and today. we have about one million inhabitants. brussels is 10 to 10 miles on distance and i agree with what has been told here that that is in favor of promoting cycling because the distances are never too long, although we also have a difference of height. i mean, like amsterdam is plat as a pancake we would say. brussels does have some, well, ups and downs. an important issue politically is that we have -- we are, in fact, giving big gross national product to the country, 20%, although we're only 10% of the population, but yet most workforce is coming from abroad, from flounders, from outs. so they are comi

the roma are you the european commission is doing too little to protect them. -- argue the european commission is doing too little to protect them. >> they are extremely weak in the process of decision taking. politicians from brussels have to understand they have no right to take compromises. any compromise regarding anybody, even sarkozy, means abandoning principles that have no right to die. >> this issue has certainly poisoned relations between france and the european commission. a few weeks ago, commissioner reding compared french actions to mass deportations by the nazis during the second world war. >> this is a situation i had thought europe would not have to witness again. not after the second world war. >> the french president was infuriated. >> everyone here is deeply shocked, especially given our wartime history. these words are deeply wounding and insulting of my fellow countrymen. >> the european commission has stopped short of immediate legal action over the treatment of roma migrants, but brussels is threatening legal sanctions against france if the country does not fall into li

so if you create a try force of the european union. the united states and russia you could have regular songs and regular discussions about sort of this terry cancelations russian nato council for the office told us if it could possibly work. here we've got a huge problem. because once we create something like this the e.u. of the states and russia. this is chinese factor which counterbalances that people in china who think that such an alliance of russia with the west is and the chinese knowledge of these will show that that these are privatization of security which could be parts of this of this framework it's a very long conversation but i basically agree with president regift and this maybe is not the word which i would repeat. but i think the time has come for america not to be. so happy about the things as they are makes doesn't work anymore you've got to create something new that's what this part of all thank you very much for that so again i did the main thing for today is the creation of a new european security architecture an

union but this was not a compromise because from what i've understood the european union did not. in exchange for this they gave nothing as usual and they'll just be asking for more as they have been for many years serbia is now really very much in the position of france. it's not quite an occupied country but it's surrounded and sort of occupy and only leader or polish party which would really openly take into consideration serbia's interest is condemned by the worst in media as nationalists look where they look what happened to god's love would the united states use the door to get rid of milosevic but when he showed that he was still interested in his country's welfare he's been branded as an extreme nationalist and sidelined this week japan has approved a difference document outlining the need for the continued presence of u.s. troops at a military base on the island of okinawa locals there are highly critical of the american forces and have repeatedly called for the facility to be moved. thomas now that investigates. since the end of world war two the united states has had a

this is a european day of action. belgium and spain are by no means the only countries likely to be affected. in italy, thousands are expected to take to the streets in rome later as the country's largest union holds a strike. protests had been called in ireland, greece, and france. >> there's a great danger that the workers will pay the price for this record speculation that took place in financial markets, especially among some of the banks. and far from being frustrated and angry about that, we are seeing now that you really have to reschedule these debts so they're not a huge burden on the next few years and caused europe to plunge into recession. >> in dublin, a cement truck painted with an eye bank slogans drove into the irish parliament. the irish government has presented three austerity packages in the last year. another country where there is public hostility is greece. it has already experienced strikes and violence. unions handed in a petition today to the eu office in athens. across europe, and millions of

because the european actually european military is very very weak the key to military power in europe the french and the british the rest have and do anything really but this small and there's no unity. sort of no agreement to create something larger and russia has a has it has has good military forces and they're becoming increasingly modernized and specialized to the kind of work. that military forces have to do today which isn't a huge war but to be part of the counterinsurgency operations peacekeeping operations and so on so russia could be a great asset for european security system and president medvedev has suggested a new security concept that would be include russia and we should we should take him up on that and really see what we can do with it because all through russia is part of europe it shouldn't be outside it. you can find the full version of this interview coming your way in the next hour here on r.t. the founding director of the asia society in australia richard walcott says the european security initiative could be a step towards better global security. and centrism

by our american friends and also the europeans. i think we have to be determined but work hard because there are two ways. the one way is war. >> rose: right. >> another way is diplomat zi. we have to prepare... prepare the diplomat zi, of course. this doesn't mean that we should prepare ourselves to see with the weapon. no, that's not the question. first turkey rejects this. no one wants to see that in the neighborhood. so turkey turkey's intention should be understood. sneund and do you think the iranians are responsive to that? >> from time to time yes, from time to time no. (laughter). >> rose: but you are a little bit optimistic? >> >> at least something is moving. >> let me come back to president obama. when he addressed your parliament he called the u.s./turkey relationship a model partnership. are you getting everything from the united states that you want? >> first of all, i want to appreciate here once more that president obama, he made his first visit to turkey and he made it excellent, wonderful speech in our arlen parl

european commission have expressed concern over the policy. >> each person needs to be treated equally under eu law. there is absolutely no justification for mass expulsions. >> france has sent more than 8000 to romania and bulgaria. leading european commission officials in brussels on tuesday, the french immigration minister defended the crackdown. he said france's actions had been unacceptably caricatured and insisted paris had been scrupulously respecting eu laws regarding rights like freedom of movement. >> freedom of movement is also a source of duty, not representing an unreasonable burden on the system of social security. >> the european union says it needs more information before it can determine whether france is failing to comply with eu laws. >> to the united states where residents of the east coast are preparing for hurricane earl. after crossing the caribbean, the storm is expected to brush north carolina on thursday. the hurricane has been reaching winds of over 200 kilometers per hour, damaging homes and causing floods on several islands in the caribbean. u.s. officials

after rising to six week highs during the trading session, european blue chips fell late in the session. we were sent this suffering -- the summary of the trading day from frankfurt. >> ireland is not bad. it has been able to issue to bonds. the auctions have been very well received. investors learned that ireland has not to call for help by the imf. these rumors are rumors. they are not true. this brought some confidence back into the market, especially if you look at the currency market. the euro went above $1.31. the stock market in general went down until the end of the session. there was a lot of uncertainty driving the market down. investors are still not sure if the u.s. economy is on the way to recovery or not. >> that was from frankfurt, where we can stay for a closer look at tuesday's numbers. the dax gave up 0.3%. similar picture for the euro stocks 50 index. the eurozone blue chips closed at 674 points. in europe, stocks surged after the federal reserve left interest rates unchanged, near historic lows at between 0% and 0.25%. the fed said it was prepared to take action to s

the wto backed european control -- european complaints the aerospace giant benefited from financial aid banned under the international competition rules. the u.s. says the report includes, "a number of inaccuracies." earlier this year, the wto ruled against airbus for similar breaches of competition rules. deutsche telekom says its executive is under investigation for suspected bribery in macedonia and montenegro five years ago, when oberman was head of the mobile phone division. the investigation was launched following requests from u.s. legal authorities. >> telekom is in trouble again. several chief executives are under investigation for bribery allegations. investigators searched headquarters and private apartments for evidence. the alleged crimes took place abroad. >> a money trail has been identified at a foreign subsidiary, which gives rise to suspicion the money ended up in the pockets of officials and government employees in the country in question by at dummy countries and the may contract. -- and dummy contract. i cannot comment on the eventual result of our investigations. >