sovereignty that's what happens when you sell your soul to the devil that's what happens if you let the i.m.f. india home if you ever see a banker on an airplane report of the middle of the pilot it's a dangerous situation don't lead bankers on airplanes they're going to countries and they're going to blow those countries up with weapons of mass financial destruction no papers on their claim to the supercard an airplane reported immediately to the t.s.a. i gave myself i have a story about bankers the last headline here goldman sachs traders quit with big louis is drying up so more than a dozen traders according to this article have quit goldman sachs's north american government bonds in three minutes trading desk in new york in recent months as the bank takes fewer risks and big bonuses for ambitious traders drying up another false flag is coming and there will be plenty of opportunity for you to rate the country financially again and all your christmas bonus wishes will come true all right say sarah thanks so much for being on the kaiser report thank you max all right don't go away much more coming

and we're the ones that have been the strong performers china india brazil are generally the ones who have not followed rigorously the i.m.f. device of the world bank's advice the ones who experimented with their own kinds of economic policy in their own kinds of reforms and melded a form of some kinds of capitalism with some kind of state control or state regulation and that's really i think that's the lesson that's the lesson that's been drawn by the commission on growth a number other of institutions that have looked at how developing countries have grown now i want to bring that back to what that means for the i.m.f. leadership right now because we're choosing a leader for the i.m.f. or i should say the heads of state of europe are trying to choose their leader on their own and as they're doing that they're not thinking about what we want the i.m.f. to do for the next five or ten years and what we really want the i.m.f. to do and what i think it's added value as an international institution is is that it can be there to serve as a neutral arbiter or an independent voice on economic policies particularly in rich countri

i.m.f. chief. hundreds of protesters have been arrested in india as they gathered in new delhi to the mob the release of a prominent anti corruption activist chanting slogans and even blocking some roads police detained seventy three year old bizzare right before he started what was an illegal hunger strike could be urging officials to toughen legislation in the country. government tanks are continuing the siege of the syrian port city of latakia forcing thousands of palestinian refugees in the camp for days of shelling is claimed at least thirty lives and troops have been making calls to. rests officials of the nod reports the gunboats joined troops in the attempts to crush the uprising against president assad and one human rights cultural plans an urgent meeting on the syrian crackdown. analyses reporter is in syria one of the few journalists there and you can read her understanding of what's happening there and why would all twitter feed she has all the latest updates from . the. from. the international olympic committee has been checking construction for the sochi twenty fourteen games the team i

i've completely welcome the rapid growth of china and india and brazil and other countries i'm all in favor of economic growth i would say the i.m.f. is not at all responsible for that growth and that i agree with the other peter in london. they've been much more pragmatic but i disagree with peter nandan is that i think this whole idea that we have. a free economy free market free trade is complete nonsense i mean whether or not you think that's desirable that does not describe the reality of the world economy for a very long time and those things don't exist is very heavily regulated trade is very heavy state spending we do not live in a free market economy such a talk as that is if we do is nonsense even if you believe that we should we shouldn't i think this is the wrong way to look at the question peter do you want to reply that it's all right so it's about the pound of course it's going to have either we move a lot farther in that direction but it's much freer and more open than i was fifty years ago peter go ahead. sure but i think i think the important point that i was trying to make is that it's not about whether it's fre

alive preassure either party chennai india and developers have a look at some other international news for you. a french court investigates allegations that the new i.m.f. head abused her position as france's finance minister christine lagarde is accused of wrongly approving a four hundred million dollars compensation package to businessmen bernard tapie back in two thousand and eight tapi a friend to nicolas sarkozy claims that he had been defrauded by a former state owed bank when he sold a stake in sports giant adidas miss guard denies misconduct saying she made no personal profit from the deal. i yemeni president ali abdullah saleh was vowed to return to his country that's two months after leaving for saudi arabia to be treated for injuries sustained in a shell attack on his palace compound yemen's that been torn by six months of massive street protests calling for cell a to be ousted and there are fears that his return might spark a civil war the u.s. has frequently urged president saleh to step down over concerns that a renewed conflict could encourage the yemen based wing. the syrian government siege of the port of latakia has continued into its

chennai india right now let's have a look at some other international news for you. a french court has investigated allegations that the new i.m.f. head abused her position as france's finance minister christine lagarde is accused of wrongly approving a four hundred million dollars compensation package to businessmen bernard tapie back in two thousand and eight tapi a friend to nicolas sarkozy exclaims he'd been defrauded by a former state bank when he sold a stake in sports a giant adidas guard who denies misconduct saying you she made no personal profit from the deal. the syrian government seizure of the port of latakia has continued into its fourth day that's despite demands from neighboring states that damascus stop shelling civilians and withdraw its forces from the country's towns and cities according to the u.n. representatives of both syrian and gun boats and tanks are shooting at anyone seen trying to escape so far thirty four people have been confirmed dead and house to house arrests are made by government troops the un human rights council plans an urgent meeting on the syrian crackdown but the us claimed it's not goi