the euro trading at a value of $1.3212. news from the u.s. >> president barack obama says that the war in afghanistan remains a difficult endeavor but the nation is on track to achieve its goals. obama said the u.s. is on course to begin withdrawing troops next july, but he noted that 2010 was the deadliest year for foreign trps in afanistan. here in german, the foreign ministry has said that germanty will start drawing down its forces in afghanistan at the end of next year. it came during a keynote speech at the bundestag. germany has the third largest contingents of troops deployed in afghanistan. >> this is northern afghanistan. this is the main base for foreign troops. outside the struggle with taliban forces continues. inside, the regional commander reports back on progress in the military campaign. >> i won't say it's voer. i'm sure we have some difficult weeks and months ahead of us. i think the fighting has peaked. we are over the hill. it should approve it -- improved. >> back in berlin, the foreign ministers sees

what should be doing it saying to our friends and we will help you come out of the euro and get back to having euro currency fresh protests sweep across europe against the needs of the bailout failing economies with its aliyev on the next at risk following the fakes and recent as we report on our. present but better calls on the leading european security to push aside the stereotypes of the past and work together for the sake of future stability. this is r t welcome if you just joined us. here in moscow i'm kevin owen with our top story tonight the fight for the right to host football's world cup has entered its final stage with candidate countries making their last presentations russia's bid for the twenty eight team tournament said to be one of the strongest of them but it does face stiff competition from western europe teams covering events as you'd expect is reporting now from outside the faith for b.d.'s center in zero eight. now we saw a lot more of the big names coming into town i was just at the headquarters convoys coming in the media waiting outside so there is a lot of exc

by pouring in money from taxpayers and all the area making of the euro is the problem the euro is the problem that is one of the key things which is made these other economies absolutely alan kohler to go this isn't this a noisy this is the point here and this is the point i want to go to go do you think i think that stephan i'm not really you realize go ahead go ahead i think it would be i think it would be nice if we talk about what is really happening first one issue is that the european parliament has become much more important in the lisbon treated in previously european parliament is an elected parliament which we have to remember secondly the national parliaments have much more influence than there than they have previously so that's also a democratic process that has developed another issue which has also developed is that you can collect one million signatures if you. i would like to change something that did not exist previously as i find this more democratic and it's also efficient in the decision making because in certain areas you have a qualified majority voting like you

by printing money you can keep the euro but i mean we're here on a very political. issue that means if the euro really will go then europe also will drown and this is what nobody wants on the other hand of course. there are problems at the periphery but to do tomorrow the e.c. b. will meet again in frankfurt and like to present a package. in order to make the euro survive this package on the other hand doesn't mean anything else than printing money similarly to their work to the feds. quantitative easing to already have done because you print yourself towards disaster you say the euros could be saved at all costs surely there must be a line to be drawn at some point i'm thinking about spain i'm thinking about portugal belgium the problems they're having is that you are really going to be able to survive or is it kind of just wishful thinking. i mean we have here in germany many skeptics about the euro and as a recent poll showed. already fifty percent of the germans want back there but the question of course women's if this is a practical way mean we are all in the

you should be doing and saying to our friends about it we will help you come out of the euro and get back to having euro currency protests sweep across europe against the need to bail out failing economy is with italy now among the next risk following the fates of greece and ireland. and president vet of calls on the leading players in european security to push aside the stereotypes of the past and work together for the sake of future stability. hello it's nine pm here in moscow very good to have your company is kevin owen here with our top story tonight and first the fight for the right to host football's world cup so did its final stage with the big countries making their last presentations russia's bid for the twenty eighteen totem and said to be one of the strongest but it does face stiff competition from western europe we have a team of course covering events test one of the a fee for media center and zero very good evening fair to say test the intension reaching fever pitch where you are take us through what's happening there ahead of the winners being announced. well the main

but we should be doing is saying to our friends and we will help you come out of the euro and get back to having euro currency fresh protests sweep across europe against the needs of a failing economy with italy now among the next risk following the fates of greece and ireland. and president better calls on the leading players and european security to push aside the stereotypes of the past and work together for the sake of future stability. good evening for me kevin i mean here in moscow tonight of the studios where the top story that is the fight for the right to host football's world cup centered its final stage with candidate countries making their last presentations russia's bid for the twenty eighteen told a man said to be one of the strongest but it faces stiff competition from western europe. as you'd expect covering events tesser a sinner is reporting now from outside the fifa media center in syria. now we saw a lot more of the big names coming into town i was just at the afifa headquarters convoys coming in the media waiting outside so there's a lot of excitement surrounding t

if the euro continues to be dysfunctional within the monetary union i don't think it's the euro just functional if you take greece for instance it was a very strange way of handling statistics that was. faked then you go to ireland is a different case you had the banking system that was was coming into trouble so you have very very different issues coming out it's not to say that the euro is completely different or gentleness well you know i mean this sounds like to break this coming back again but i mean you see the absolutely years we've actually picked out the year i mean. you know it's it's very difficult if you talk all the time i'm trying to explain what my view if you look really good old cross interesting to see that that there is there is another there is another country coming on to join the euro that's dystonia and i think that's in. a bid to do it what are you doing listening to see. robert let me ask you a question about aryans want to keep what you were saying i want to ask everybody question so a little country one of the baltic republics becomes part of the euro zone

you discuss the future of the euro i'm joined by john gantt in birmingham he's the u.k. spokesperson for the e.u. referendum campaign and in london rick ross the rodney shakespeare he is one of the founders of the global justice movement and another member of our cross talk team you know on the hunger are a gentleman cross talk rules or effect so you can jump in anytime you want if i go to you rob me first we add is the e.u. the e.u. zero is that facing a fork in the road meaning either reassess the entire project or and this will inflate may get john even more wound up is if they have to go to the the fiscal side it's a monetary union but the fiscal side is empty so it really to make it make sense fiscal sidelight means somebody in brussels determines all of the budgets of member countries it's an either or proposition right now because over the last few weeks this crisis is going on no one's come up with any solid ideas outside of a lunatic idea called a euro bond or a new you e bond what do you think right name we had to fork in the road. well the situation is much bi

we'll continue our discussion on the euro stage are. hungry for the full story we've got it for us the biggest issues get a human voice face to face with the news makers. it is easy to. say. welcome back to rostock time remind you we're talking about the prospects for the e.u. and the euro. but before let's see what currency russians prefer to save their money in. two decades ago when the euro was conceived nobody expected it to go through anything like the current financial crisis now many wonder what the prospects are for the currency and the entire european experiment even they deal breaking up the currency zone has been mentioned with the euro viability question the currency is weakening there are a lot of senate has asked russians which currency they prefer four to six percent of those polled say the russian ruble nineteen percent opt for several currency is eleven percent cited the euro and only a six percent us dollar that's the trust to ruble is growing while the euro's role is diminishing peter. john i'd like to go to you you k

it's time to reconsider the euro zone's membership policy. because it's the last kick of the game for the football world cup betters trying to impress fifo officials a day before they make their choice for rochelle among the favorites to host in twenty eighteen. that's three pm here in moscow this is r t coming to you live with me and he said now a first stop president obama has used his last opportunity to support for u.s. legislators to ratify the nuclear arms reduction treaty with russia before the holidays as republicans continue to stall the process obama wants the senate to put aside political squabbles and focus on security cam is following the meeting in washington. obama basically has two weeks or so to have his arguably major foreign policy achievement passed by the senate and his pushing really hard the christmas break is coming up and after the holidays if by then the treaty is still not ratified there will be some dark days awaiting the obama started more republican senators will come will take office than many of them are skepti

but we should be doing is saying to our friends we will help you come out of the euro and get back to having euro currency fresh protests sweep across europe against the need to bail out failing economies with italy among the next at risk following the fate of greece and ireland a report coming up. presently but it came from the leading players in european security to push aside the stereotypes of the past and work together for the sake of future stability. hello this is r t it's no ten moscow time it's kevin and here in our studios at r.t. tonight with the lead story for you in the fight for the right to host football's world cup centered its final stage with cabinet countries making their last presentations with russia's bid for the twenty eighteen told them it said to be one of the strongest amongst them but it does face stiff competition from western europe as you'd expect artie's team covering events plenty of people there is reporting now from outside the fee for media center. well the main event for today is the presentation of the countries bidding for the hosting rights of th

if you have the euro. seven economies and it should be wound up the country should exit and we'd all be a lot better off when they do ok harry what do you think about that go ahead i want to harry go ahead i think i think eventually it will be in the benefit of some countries to have the ability to leave the eurozone and i'm sure that in the future right now we have a fund of seven hundred fifty billion euros but eventually that might prove not to be enough to also save spain in portugal draws to a strong or large economy such as very might need a lot more than that is available and eventually it might be to their own advantage to say that they will go back to their own national currencies so i agree that the project of the euro isn't proof of this crisis and eventually we will have to look for alternatives for some countries if not it might jeopardize the whole euro the whole project stephanie. go ahead i jump in and say that following that if you look a bit north. then you come to feel which is a counter

now ten billion euros of the eighty five billion euros will go straight to the crippled banks and twenty five billion euro is being heir marked for bank support in the future which means it's definitely going to the banks there is that they're saying they're earmarking it for future bailouts of the banks and the interest on these loans is averaging five point eight percent that will amount to twenty percent of annual tax revenue it's a rape of ireland. and world bank they are simply raping that. it's not a corporate state it's a vassal state of international banking cartel it'll be a corporate plane land like greece greece is becoming a place for rich people to par their park their yachts and they figured the cheap way to park their yachts and some greek island is to own the country this is deferring their cost of their slip rental fees during the season so now they figure he must get a great deal on chile sticks will just simply do an l.b.o. of the country and we'll have all the irish people working for us for dirty wages a matter of fact that's the one export that arlen apparently is d

coming up our debate show cross talk this week host pete all about his gaffes whether the euro really has a future as a currency. if you can. follow in welcome to cross talk i'm peter lavelle a currency in crisis and under siege what does the future hold for the euro is it destined to be a weak currency or is it time to seriously consider ending this monumental monetary experiment. can. you discuss the future of the year i'm joined by john ganton birmingham he's the u.k. spokesperson for the e.u. referendum campaign and in london rick ross the rodney shakespeare he is one of the founders of the global justice movement and another member of our cross talk team you know on the hunger or a gentleman crosstalk rules or effects you can jump in anytime you want if i go to you rob me first we add is the e.u. the e.u. zero is that facing a fork in the road meaning either reassess the entire project or and this will inflate may get john even more wound up is if they have to go to the the fiscal side it's a monetary union but the fiscal side is empty so it really to make it make sense fiscal si

and italy bigger still and so you get to a point where there is no more bailout money where the euro in its current form would cease to exist i don't know whether that will happen in the next few weeks but it remains a real possibility and of course there are also fears about portugal it's thought that portugal's under pressure to ask for assistance and an irish minister says that dublin was forced to take bailout so is there a clash here between political pride in the cold economics of the european central bank. well i don't know i mean the cold economics of the european union's response to the banking crisis since two thousand and eight has been that every single bank and every single loan and guarantee must be backed up by governments now if you look at countries like iceland where they decided to let some of the commercial banks go bust you see countries that are now beginning to recover so that was the decision that was taken in back in zero eight so in the case of our loan the government had to stand behind banks banks that had made some very unwise loans and banks that have be

finds herself in the euro where euro zone interest rates are going to head up over the next couple of years at the very moment that they're trapped inside a deflationary downward spiral or whether you're over the course of justice into their foreign may i mean look at the case of britain then as in an e.u. member signed up to take the benefits of european harmony isn't it right that they treat pain when times are hard you can't have your cake and eat it while any. well let's examine what these benefits are show way i've been here for eleven years as an m.e.p. and i'm still struggling to find them because if what we're talking about is free trade is the ability of companies to buy and sell goods from our next door neighbor in countries look the swiss do that without being you members but all we do that without being e.u. members so if what the united kingdom wants is free trade she can have that without being part of a club that makes three thousand new rules for us every year and cost us a membership fee of nearly fifty million pounds a day and the seven billion pounds that the britis

euro z one country to receive international aid. moody's has been morning spain that they could be downgraded. they do not expect madrid to have to accept a bailout. this would put tremendous pressure on the euros on if this happened. euroeuro zone worries that affected the market today. we have this summary from the frankfurt stock exchange. >> it is the middle of the week and the markets are still flat lining. the dax stood at about 7000 points mainly because of economic data from the u.s. has been better than expected. and just to production rose while prices stayed low. the low inflation data shows that interest rates might remain low which is a good fact for stock markets. car shares have been driven down but only in germany. registration numbers went down by 7% in november. this shows that there is still no sign of better times for the carmaker's ahead. >> we will look at the numbers. the dax finished slightly lower at 7016 points. the euro stocks index did not enjoy much of a rebound and finished at 2841. the dow jones tradin

but we should be doing a sign to offer them we will help you with the right to get back to having euro currency fresh protests sweeping across europe against the need to bail out fouling up commies with italy among the next that risk following the fates of greece and ireland. plus president called on the leading players in the european security to push aside the stereotypes of the past and work together for the sake of future stability. at seven pm in moscow this is coming to live with me and he said no way first stop the fight for the right to host football's world cup has entered its final stage with candidate countries making their last presentations russia's bid for the twenty eight hundred tournament is said to be one of the strongest but if aces stiff competition from western europe tests are silly it is covering events from the fifa media center in zurich. now a big names have been arriving here in zurich and the media had their stakeout in front of hotels where the the important people are staying now as you know the actual voting for who will win the hosting rice of the world

the euro trading at a value of $1.3212. news from the u.s. >> president barack obama says that the war in afghanistan remains a difficult endeavor but the nation is on track to achieve its goals. obama said the u.s. is on course to begin withdrawing troops next july, but he noted that 2010 was the deadliest year for foreign troops in afghanistan. here in german, the foreign ministry has said that germanty will start drawing down its forces in afghanistan at the end of next year. it came during a keynote speech at the bundestag. germany has the third largest contingents of troops deployed in afghanistan. >> this is northern afghanistan. this is the main base for foreign troops. outside the struggle with taliban forces continues. inside, the regional commander reports back on progress in the military campaign. >> i won't say it's voer. i'm sure we have some difficult weeks and months ahead of us. i think the fighting has peaked. we are over the hill. it should approve it -- improved. >> back in berlin, the foreign ministers s

other though in these difficult times aren't we all part of some european community here while the euro as a construction has created this problem because it has destroyed the southern europeans countries competitiveness and the bailout now is just prolonging and that by creating an even bigger problem because the dept will just grow and grow and we've seen now that the eurozone is reacting very desperately introducing the suggestion on euro bonds of course we need to be solidary going to european union but we also need to be economically realistic and the realism of the euro zone is that it doesn't work it hasn't been working for forty years and there are at least several non harmonious regions within the euro which makes it impossible to maintain a common currency so i think that even the strongest federalist will have to either recognize that we need to have one hundred percent of governance from brussels and the europeans don't want to have to go with the second lie which is to admit that the euro is a failed currency so you're saying that the eurozone doesn't work the euro is a fai

euro zone. >> estonia will become the 17th country to join the euro zone. overcoming the worst crisis the currency has ever faced has said to be critical to maintaining unity among euro zone members. >>> japan's aerospace agency has singled out a clogged fuel tank pipe valve for the failure of japan's first ever venus probe to enter the planet's orbit. the japan aerospace exploration agency reported this finding on monday to a space development panel of the science and technology ministry. the panel had been looking into why the akatsuki probe failed to enter into orbit around venus earlier this month. the agency says it assumes the clogged valve prevented fuel from flowing from the engine tank, disrupting the fuel supply, and eventually stopping the engine. the agency says it will conduct ground tests to see if it can move the troubled valve and engine using the same model of the equipment aboard the probe. it will survey the possibility of trying to place the akatsuki into venus' orbit again w

the euro stoxx 50 slightly higher on the day. the dow industrials, also lower. and the euro at $1.3230. >>> the world's biggest car market keeps getting bigger, a forecasting a record year for car sales. 18 million new cars solthis year, increase of 30% over 2009. analysts say you should keep your seat belts fashioned. the middle class is growing, meaning huge growth potential in the next decade. one of every five cars sold in the world is sold in china. >>> bayer is planning to invest 1 billion euros to increase production of high great plastics at its shanghai plant. -high-grade plastics at its the shanghai plant. it will relocate their entire polycarbonates unit from germany to china next year. they're used in cars, electronics, and construction. they expect sales in china alone to double in the next five years to 5 billion euros. >>> time to talk about the climate talks in cancun. about word coming from cancun is hardly any progress has been made at this climate change talks on key issues like setting binding targets for the reduction of greenhou gas emissio

and the euro zone the french finance minister christine. is along in stock exchange says france will be next on the list of bond investors when they're finished with portugal and spain but despite claims france's deficit is higher than anyone realizes many experts say paris has nothing to worry about for now the figures are hopeful the country's deficit is about seven percent which is to be lowered to just three percent in a couple years. with such positive dynamics no wonder french finance minister christine legarde was named one of the best in the european union. thank you very much for being with us on the show and welcome to moscow. i know you had a chat with with the finance minister. to what were the first things you talk about. problems or some nice things he told me how nice it was to see me yet again. and there but here and they told him that i was ever so pleased to see him yet again we haven't we you know we have a very very good and longstanding relationship this morning when i gave the talk the master of ceremonies said you've

and concern over european debt rocked the euro zone with a list of nations facing a hardship if you want to grow. six am in moscow good to be with you here on r t our top story the fight for the right to host football's world cup has entered its last stage with candidate countries making their final presentations russia's bid for the twenty eight hundred turn into is said to be one of the strongest but it still faces stiff competition from western europe artie's team is covering the events with our teams tests are reporting outside the fee for media center in zurich. now we saw a lot more of the big names coming into town i was just at the afifa headquarters convoys coming in the media waiting outside so there's a lot of excitement surrounding the event of course well we've heard that prime minister vladimir putin won't be coming because he doesn't want to put pressure on the fact well we'll talk more about that later on but first let's have a little bit of a background and a look at russia's bid. twenty eighteen we believe this banner at russia's latest international friendly described

a major irish bank has backed down on plans to pay out forty million euros in bonuses in a statement the allied irish bank said it had received a letter from the government threatening to withhold further public money if they went ahead with their plans banks' one of the head institutions at the center of the country's financial crisis and billions in taxpayer cash coverage losses. the next space probe rocket now stands poised for wednesday's blast off russia's soyuz will take a crew of three a russian an american and the talent on the twenty six mission to the international space station are these people of reports next on the rockets julie to its launch site in kazakhstan. hereward baikonur the final preparations underway ahead of the launch of the soyuz t.m.a. twenty rockets which will carry cosmonaut to meet to be called and astronauts paolo nespoli and katherine coleman up to the international space station for the rocket has received a blessing from a priest from the russian orthodox church in line with tradition here at baikonur that's not the only tradition they have here hav

i want the euro to flourish.i think politically and economically for europe it would be such a huge setback that it would take generations to recover because what you're talking about is not just economic cooperation but political unity, what you're talking about is the countries of eastern europe if they do the right things they will be part of this community. what you're talking about is a stage in progress that is really... has really got ramifications for how we deal with problems globally as well as in europe and therefore for me it would be a huge setback and something we would take a long time to recover from if we couldn't make the euro work. but that does mean that different policies have got to be applied. >> rose: let me just turn to what many people consider your shining moment. it was during the financial crisis and you've basically made a decision that rather than following the suggested pathway of extracting the tarp access, those troubled assets, that what great britain would do would be take a si

each award is worth 1.1 million euros.ing on to some other news, iran has denied reports that a woman sentenced to death by stoning for adultery has been released from jail. speculation that the woman was freed began when state television released pictures of her at home with her son. but authorities said the photographs were taken during a shooting of a documentary on the the case. that programs due to be broadcast within the hour, and producers say it will shed light on the of poultry and murder charges against her. amnesty -- on the adultery and murder charges against her. amnesty interest -- amnesty international has condemned the broadcast. police and the netherlands say packers have targeted the web sites of the country's police and state prosecutors. -- hackers have targeted web sites of the police and state prosecutor. a 16-year-old was arrested in connection with cyber attacks by pro-wikileaks attackers. supporters took to the streets in sydney, australia on international human rights day, protesting against the i

>> the euro.e saw the euro under heavy pressure for the month of november, roughly dropping a good 8%. and now, on the first trading day of december, we see a little bit of strength in the euro. so we see pressure on the dollar. that is another big reason why the market started very, very healthy in the first trading day of december. >> thank you. led to get a look at how the markets ended the session on wednesday. the ending was fairly nice. the dax closed the session up by more than 2.5%. the euro stoxx 50 also up by 2.3 peas and in the new york, stocks rallied on that report showing private sector job creation in november. at its strongest level in three years. in afternoon trading, the dow up by more than 2%. the euro going for $1.3127. while the rim of the eurozone continues to fray, germany's economy has not led to this robust in the years. the optimism is showing itself in the stores. consumers are spending more. retail sales rose in october by 2%, the biggest increase this year. >> cosmeti