had to receive a bailout in order for the whole european ache on a me to survive ireland as a nation is a systemic risk to the entire european union it's a complete mess so who's to blame earlier in the week i pin the blame on an out of control banking sector it took too many risks and ran their country to the ground. then they got off scot free without a with a with a bail out kind of like what happened in the u.s. two years ago but today thanks to a report by think progress want to also condemn a certain political ideology. these guys check out what prominent conservative think tanks and politicians have to say about the way the old irish were doing business back in two thousand and two the heritage foundation pretty much the policy writing wing of the republican party said this ireland already has shown that tax cuts are a recipe for prosperity thanks to reagan's tax rate reductions including a corporate income tax rate of just ten percent ireland has become the celtic tiger and is now the european union's second richest country. and again in two thousand and six the heritage foun

i'm here in ireland reading every paper just in case. i will move ahead.he lacies lived in cottage and palace. in 1848 dozens of families left cottage and the adjoining towns of pad ox, dogs town and palace. i find no mentions of evictions in the newspaper. 731 reported people the largest eviction of a town land in one day happened not 20 miles from cottage and palace in april of 1849. the story had one short paragraph about it in the paper. could it be that most evictions did not make it to the newspaper unless someone died? in the news of january 19th 1848, judith was ejected off a small farm by the landlords james and john parker. she wandered in want without shelter and entered her former abode on the 18th of august last. for this forceable possession shes tried and sentenced to 6 months confinement which punishment of and died of natural causes. eventually i find mention of the easterly of conwell evicting tenants in the near by town land. september 13, 1848 the newspaper says on monday last the agent of lord kwanwell attended by sheriff, police and b

ar all three countries in trouble, ireland, greece and portugal, are relatively small.hey are very minor compared to the rest of the euro zone. the willingness of the political leadership in france and germany to let them survive, that they will do whatever is needed to hip the countries. if it went to spain or italy, it would be a different issue. >> will there be a stage where germany says enough is enough. we pay so much money to sustain these poorer countries, we are just not going to do it anymore is that practical? >> the untold we are bailing out portugal, ireland and greece, but we are really bailing out german banks. they lent money to these countries. they say they are helping horg, greece and ireland, which it is, but they are really helping the german banks that helped these countries. >> every country wants to maintain its own sovereignty. is there any way the e.u. can force a country be financially prude, really make it -- prudent, really make it do so? >> no. it is up to the individual country to decide. reefing the euro would be extremely costly for any

news about ireland today. >> a mixed bag. they got a thumbs up and a thumbs down. following the 10-day audit of ireland's finance is, the european commission and the imf also the country's implementation of its 85 billion euros bailout program is on track. that praise came on the very same day that ratings agency moody's downgraded ireland status to just above junk status. the country may need to take further austerity measures to meet its fiscal goals. for the time being, carlitz is enjoying the votes of confidence from those who have provided the bailout. >> ireland appears to be on the mend. after a positive a third quarter assessment by the imf, eu, and ecb, the finance minister is planning to raise the lump -- the minimum wage. >> they have accepted the argument and reasoning behind card jobs initiative program. -- our job and should a program. we've gone into detail with them. >> greece has outlined its 26 billion euros economic growth at to lead the country out of its debt crisis and keep foreign creditors at bay. athens is planning a massive sale of state a

the latest results show that the situations for -- the situation for ireland's banks havhas beguo worsen rather than get better. it may need to raise 24 billion euros to cover their loans. the 85 billion euro bailout has already been agreed upon with the european union and the imf. >> bailing out the banks has already pushed ireland to the bank of -- the brink of bankruptcy. it has forced them to take loans from brussels. the bank lost huge amounts when the commercial sector burst. so far, ireland has had to pump 46 billion euros into its stricken banks, and a cash injection of another 24 billion euros would make 70 billion. that is almost half of the entire country's annual gdp. the irish finance minister created two new universal banks. >> for more on the stress test, i spoke earlier to our brussels correspondent, tony kolly. i ask first about the reaction to the deal on the table. >> one said that at least it was not 40 or 50 million, the horrendous figures that had been floated recently. there is some relief that figure is within the 35 billion contingency, which is enshrined in the

those who know want the wishes of a overwhelming those for a who want a peaceful northern ireland. people across the world are getting excited about the events on friday and i'm sure the whole house would wish to join me in sending our best wishes to prince william and to katherine middleton ahead of their wednesday and wish them a happy life together. >> here, here. >> mr. speaker, i had meetings with ministerial colleagues and in addition to my duties in the house, i shall have further such meetings later on today. >> jim shannon. >> i would like to switch up the comments of the prime minister and for the condolences for those who lost their lives in afghanistan and also welcome home the irish rangers in afghanistan. on easter monday, the republicans had a commemorative and threw in the all the law abiding citizens. and the officers both catholic and protestant and they threatened the churches and they threatened the members of the northern ireland assemblies and mp's in this house. can the prime minister today ensure that the democratic process will be forcefully meant and those

the latest in a long line of such incidents in north ireland recently. prime minister join me in condemning that terrorist activity? as well as supporting the police and the army with resources, does he agree that, as we approach to the assembly elections in a few weeks' time and mark the full -- mark the first full term of uninterrupted, stable devolution in northern ireland for generations, the best answer that we can give to such people is to reject them, reject their policies, reject their wanted to drag us back to the past and to keep northern ireland living for? but the right hon. gentleman speaks with support from all parts of the house for what he says. both points that he makes. first, we have to be eternally vigilant against terrorists in northern island and elsewhere. we should do that and he knows that the british government will give every support that they can to the northern ireland executive. secondly, the best proof of success and that there is a non- violent path is to show the success of our democratic institutions, which he, his colle

right next to a nazi our financial guru max keiser looks at comparisons between how ireland iceland and the u.s. are all dealing with serious financial troubles if you stay with us. and this is the kaiser report who said all along that rupert murdoch is a hack everything it touches turns to coverage and this is a state sponsored monopoly position where he's using his political influence to subsidize underhanded enough areas rent seeking schemes now it turns out there's an controvert of all pro that murdoch sponsored evil legal phone hacking in the u.k. and around the world that's right the way to make money is by breaking the law this guy should be in jail that's a server and in fact you're the source of this incontrovertibly proof against rupert murdoch isn't that so i did tell scotland yard a few years ago that rupert murdoch was tapping phones they were shocked when i said that and i said well actually look inside your own police force because they're helping him but let's move on to the big headlines the scandalous headline speaking of tabloids iceland warns of political and economi

people across northern ireland have been warned to be vigilant. the turnout of today's rally, less than 300 people in the city of 100,000, showed just how isolated the dissidents are. but they remain armed and dangerous. mark simpson, "bbc news," derry. >> you're watching "bbc news." stay with us. plenty more to come. >> you're watching "bbc news." a reminder of the headlines this hour. the u.n. says there's credible evidence that war crimes were committed by the government and tamil tigers during the sri lankan civil war. tanks on the streets of syria an apparent escalation of a crackdown of anti-government protesters. let's get more on our top story, the long awaited u.n. report into alleged war crimes in the sri lankan civil war. r.j. is from the alliance of peace and reconciliation in sri lanka. he's been telling me that he welcomes the findings. >> it is appropriate, it has come at the right time, after two years. >> we've heard from our u.n. correspondent there about the complexities and the pressure indeed on the u.n. secretary-general, to

ireland i think will get through this. then the other side there's the german side which is that the german elite wants in, german business wants in, they believe in it passionately but if the bill gets big enough to the german taxpayer you don't know where the politics of that have will go. again, i believe the german population will always remain committed but i've always taken the view that if anything that that happens here is seen by germany or other countries as seriously threatening its own fiscal soundness then, of course, the support won't be there. so there's sort of a pressure on the very weak country in the periphery, can it bear without the devaluation, without the currency collapses, can it bear to keep going? and then there's the strong currency countries which are providing the money. and they don't like this very much, just think what would happen if you had no federal government and you had to save the financial system in new york. new york would be bust. would the rest of the state have supported new yor

st o europe >> and then there were 3 percent almost a year afr t bail out ofrace, five monthsafter ireland rescue, porgal has requested emergency ppor here is the caretaker pri minister makg thannouncement at he was desrate to avoi >> whave rched a moment where the couny is that t much risk th it ould not be exposed to and the natnal intereste ne to work and brd - work in. i haaskethe eopea commissionor fancial sistce. >> he d no oice. for loans of just a year in dution, portugal paian interest re of 5.9% bread that unaffordable and i less than ireland paid for its bailout finance. >> in terms of asking a higher interest rates. the knoedge tha eupean ceral nk is t toaise inrest res > how muchill portugal actually need? probably around 80 billion euros on t basis oth existing de they need to repay. th contagion of eu zon countrs in tuble has moved from greece torela to portugal and the much bigge aniseconomy could be next. , said theest of theuro zone, le by strgest economy germany, takes its extense measures ty have fost -- s -- sofar failed to do to restore confidce. >>rencforces and the

impose austerity measures there economy is growing well if you look at ireland it's getting worse and worse and worse that's exactly right there are no obligation for private citizens to bail out private bankers that's the key point yes a lot of people say we're not going to bail out private bankers and they're looking for these private bankers and prosecute these private bankers as they should be looked out and found and prosecuted for committing acts of financial terrorism and compare that with iceland of iceland put all the backstop of all the banks in ireland and they put all the private debts on the public balance sheet and now the people are suffering austerity measures for no reason other than to satisfy corrupt bankers there's no economic reason for there's no legitimate economic reason for ireland to suffer any economic consequences for private banking shenanigans icelandic people understand as they told the private bankers who well in ireland you see economic chaos and you see financial distress but in iceland the prime minister yohannes a good doctor she said that the worst

stacy ever tell us more facts well we know that ireland has fallen into this black hole of never ending debts just give the viewers a little background here the government backstops all the banks of all deposits and then the banks promptly set up. which is a big black call a cesspool of non accountability and they just keep racking up these huge on account of for debts and then squeeze on the public and what their austerity measures so it's really financial torture well known as national asset management agency so the government took these debts and they call them assets and this is a wealth of the people now these are the bad debts of anglo-irish bank mostly and now the people themselves are having to give up real assets their own national wealth and their resources in order to make good on those assets right so they have bunch of debts and then as part of the reconfiguration when there is this coup by the bankers of the country they call the debts assets and then to pay for the assets they're going to actually start to liquidate the people's actual assets that's correct it sounds like

crumbling under the weight of its debt is now saying it needs a bailout for bailouts in greece and ireland does this threaten the euro zone in the global economy which of the u.s. learned. and what if the u.s. can't get out can't get its books together what would happen if the u.s. lost its golden aaa credit rating and people started worrying uncle sam couldn't pay his debts back. all the variations of accidentally killed your family. and looking back at iraq that outrage of the toll of you as air strikes killing civilians hidden from american eyes are we seeing deja vu in libya. that evening it's wednesday april sixth seven pm here in washington d.c. i'm lauren lyster and your watching r t now breaking news late this afternoon portugal's prime minister has made it official that country in the midst of a sovereign debt crisis is calling for a bailout from the european union this after sovereign debt crises and bailouts happened in greece and ireland so joining me now for more on what this means for the european union the euro zone and if we can compare it to the u.s. in the midst of its ow

the latest results show that the situations for -- the situation for ireland's banks havhas beguo worsen rather than get better. it may need to raise 24 billion euros to cover their loans. the 85 billion euro bailout has already been agreed upon with the european union and the imf. >> bailing out the banks has already pushed ireland to the bank of -- the brink of bankruptcy. it has forced them to take loans from brussels. the bank lost huge amounts when the commercial sector burst. so far, ireland has had to pump 46 billion euros into its stricken banks, and a cash injection of another 24 billion euros would make 70 billion. that is almost half of the entire country's annual gdp. the irish finance minister created two new universal banks. >> for more on the stress test, i spoke earlier to our brussels correspondent, tony kolly. i ask first about the reaction to the deal on the table. >> one said that at least it was not 40 or 50 million, the horrendous figures that had been floated recently. there is some relief that figure is within the 35 billion contingency, which is enshrined in the

greece and ireland have already asked for financial assistance. on wall street, stocks closed higher today as the dow neared a three-year high. the dow jones industrial average

we have to be vigilant against terrorists in northern ireland and elsewhere. he knows the british government will give the northern ireland executive every support it can. the best proof of success and that there is a non-violent path is to show the success of our democratic institutions. >> yesterday, counselors joined the scrutiny committee and were told by senior doctors that it leaves loses its children's heart surgery unit, ambulance transfers will be unsafe and could prove fatal. given that the report commissioned by the last government contains factual errors and is a question of the impartiality of the board that made the final recommendations, will the prime minister agree to halt the process? if not, does he think the only option is judicial review? the honorable gentleman is absolutely right to speak up for his constituency that could be affected by the review. we want to make sure the review is as transparent as possible and involved and engaged with parents and communities. there are many times when bogus arguments are put forward for specializati

the brink of disaster as a financial collapse the devastated greece and ireland is now threatening to take down a slew of other eurozone nations and for portugal after struggling to control control its spiraling debt crisis the country announced yesterday that it also would need a bailout to prevent its markets from imploding at a cost of nearly eighty billion euros they're currently the eurozone has a bailout fund of about four hundred forty billion euros so the rescue of portugal are relatively small nation about ten point five million people should be bearable for european finances but it remains to be seen whether the other larger european countries spain anyone could be at risk of a similar fate now e.u. officials do hope that the rescue package to portugal is going to be the last one needed and that the into. our european financial crisis will somehow finally be contained but is that really the case for the answer we turn to karl then a tour of the market sector injuries us now from niceville florida carl i always love saying that myself florida sounds like fun now let me ask yo

bank of ireland and allied irish banks. the extra black hole came about after another set of stress tests for the health of the irish financial system run by the central bank governor. it revealed likely future losses of tens of billions of euros, that money likely to come from an already cash strapped irish state. >> analysts will make their own calculations and i suppose the indications will be, though i don't preclude anything, but the indications would be that this gain of capital we would see a majority state ownership in all of them. >> reporter: today's stress tests are intended to drew a line under market fears of the deeply distressed housing markets. it seem two dimensional, falls in-house prices of nearly 40% and counting sprin why. but it was the commercial property bust that caused the first round of bank collapses, the notorious anglo irish bank, which today announced a 15 billion annual loss. what should have been a bank problem is now the burden of all of ireland's taxpayers. so are there any other ways to c

ireland b11%. portal grew, b is expected to shrin by 1.3% this year. by contrast, nther europe is powering out of ressio germany's enomy grew by 3.7% last year. >> germany has made ielf per coetite. the other econies have n used the good ars to me struural refms they need make. ere is a long-term probm there. in aitioto that, they have theegacy of the financial crisis. >> the key t germany's ccess es here othe factory floors. they areorldamous for competitiveness, but ty out compete the ve cntrieshat now needo gr. there isne graph that explains europe, its this. th peripheral cntri awarded their workers'ighe pay the cost of productionose. in gmany after new labour laws werentroduced, they remained flat the competitiveness would n be a pblem ithey weren't both togeer in th samcurrency unio th rests a in every w beneficialo geany. >> and joini me disss t strains in t buru's own, t chief economist. firsof all, gmany has achieved strong groh. it h lower labor cts than anywre els andts eorts arstrg. what is wrong with at? >> wag in germa havbeen stagnt for

the ople of ireland are alrey paying their own price for the country's enomi failur one in 20 ish mtgages are mo thathree months in arrears. thisan ibattng to kee u with his paymts. his wages as a hot porr have en c. he is strugingo support his five children. >> the fare is out there. ople fea whher ey can survive at this stage can they pay their elericity bill, thergas ll? economic recovery igoing to paiully slow. fiveears ago, the cal te tiger was thenvyf the world. ow the countris relngn internatiol hefor onomic survival. thextramone fohe bas will come om the fd negoatedast yearith the euroan uon and ternional neta fund. e prlem is that irela' financl crisis mayun even deeper than many pple d fear. >> stilloome on tonight's program -- readyor blastoff. we have raccess to the virgingalactic, which is preparing to carry psengers intopace. this is oureek serie about the amecan dream. we havbeen bnginyou sties out how tt idea has attracted mlion of iigrants and yton de -- and guided thr experience. countless auths ha written abou the american dream. we dcussed it wh t edir of t new york ti

bailout from the european union this after sovereign debt crises and bailouts happen in greece and ireland so joining me now for more on what this means for the european union the euro zone and if we can compare it to the u.s. in the midst of its own deficit problems debt crisis from knight bill florida is karl denninger of the marketing group mr jenner and i want to thank you for joining us you know first of all portugal of course is a very small country small economy but this comes on top of the eurozone greece and ireland amid concerns about a much larger economy and not spain so what do you think the toll of this portugal announcement is going to take on the eurozone and the global financial economy. i think the first question one has to ask is where is the credibility behind the projections of both the european union and over here in america we've heard of stress tests we were told that everything was ok the banks were turning around and buying this debt thinking that they were going to be backstop and now all of a sudden loops or trickle isn't ok and as recently as a week ago we were

companies began to flood into ireland. the contrast is also given by ireland. as they began to find prosperity, they began to spend more than they bring in, the same model we are looking at here. they began to raise taxes and now then corporations are flooding away. just today, i was visiting with the managers of a cheese plant that is on the east side of new mexico. they are an irish company. they have come here to produce because it's just too difficult, too high, the dakotases are too great in ireland. my brother-in-law works for hughes tool. he was at hughes tool back when they moved factories, production facilities into ireland. this year, my brother-in-law went to disassemble the last plant in ireland because they had gone up in their tax rates and no longer a good place to operate. if we are trying to solve the economic crisis we are facing, you can't get there by spending cuts or taxing the rich. in other words, taxing the rich is going to drive us away further into stagnation and job losses if we are going to rebuild our economy, we must concentrate on

like a reigning monarch in ireland on behalf of the king. and this man was none other than richard marcus wellesley, the eldest brother of the duke of wellington. and he proceeded immediately to court mary ann, but in a very forward way with letters, poems. he wooed her. it was a barrage of attentions. he wanted to drive out with her, and she was flustered. i mean, it was so unexpected. she was quite a measured person, and she, you could see, i mean, from the letters. she's torn. she's supposed to be going back to america. here was a man who was a great statesman, he had been a governor in india, he had been foreign secretary, almost prime minister of britain for a period. he couldn't form a government, but he was asked to do so. and he was the eldest brother of the duke of wellington. his eyes, his eyebrows, his voice, there were great similarities. and i think as we were discussing earlier that she was, also, attracted to richard wellesley because of her grandfather. and richard wellesley was older than mary ann's own mother. so there's en

that is what is going on in ireland. we have a lot of problems, but underneath it all, we are simply paying off so much private loss that we have a national debt that means we cannot borrow money to invest and our austerity measures now are about half a trillion dollars per year, year-on-year, to try to reduce the deficit. is of very, very difficult situation. >> dennis, cheer us up. [laughter] over the last decade, the u.k. and ireland could look at germany and feel a little bit smug with double-digit unemployment. that has completely changed. the german economy is plowing ahead, but also, unemployment fell over the last few years and that momentum barely changed with the recession. what can germany teach the rest of us? >> could i say one thing before returning to germany, which is indeed a mystery. but one on which a lot of light can be shed is, the crisis in ireland as well as in another of -- a number of european countries is totally and utterly unnecessary. the reason why it is unnecessary is that the european unio

the official concern was on display just last month when prince william and kate toured northern irelandt an extraordinarily high level. the future royal couple represents a powerful symbol of the irish terrorists perceived enemy, british rule over northern ireland. >> i think these people would have no compunction at all about carrying out an attack, if they could, on an event like the royal wedding. >> reporter: largely unnoticed outside of the united kingdom, a splintered group, irish catholic militants has increasingly ignored the peace agreement reached 13 years ago this month, meant to end i.r.a. violence. >> everybody has to take on board the fact that there is something new in play here. >> reporter: there have been more than 40 significant terror attacks in the last year alone in northern ireland. a policeman was killed by a booby trapped bomb just two weeks ago. >> if you're not with them, you're against them. and they will murder you. and that's the sort of tyrants that they really are. >> reporter: prince william's father and mother, charles and diana, were bomb targets of th

many of the undocumented from ireland are from northern ireland. they are both irish citizens and u.k. citizens. we have tried to engage the u.k. government in pressing for this, and they have had no interest. there are thousands of undocumented citizens of the united kingdom in america, and the united kingdom government has no interest. i would urge you to press that. there are bilateral trade agreements and millions of people working. press the slew. one final point, i would challenge the bill. at would price do we have comprehensive immigration reform. i would ask the question at what price can we not have it? >> so you would give them all the bad stuff just to get the good things? >> no, i wouldn't. but i'm reminded of what voltere said, which is let not the perfect be the enemy of the good. by holding out for the perfect, there are 12 million in a bad way in this country. >> what is the difference between imperfect and the atrocious. >> i would ask you to not let the perfect outway the we. thank you for having this commission tonight. someone

try to shore up our nice and very visible sport in ireland for. sochi two thousand and fourteen and also tried to organize world championships there because all international community were interested asking we'll always be competition. council for paris he's certainly a sport but not many people have heard about how it has plenty of potential to develop in russian especially with a number of new ski resorts popping up around the country and given the success of the russian team all of the world leaders there's going to be hell to increase its popularity richard fleet r.t. . and that's all the sports news i think. space is one of our national security there is no substitute and there is no alternative to military dominance in space. bombs on target the time bell minimum cultural about the nuts will be able to deliver through space ship. better. company. to build muscle. power. and we must. be. several hundred. years of investment in the peaceful uses of body space. and this incredible investment from the united states and from the european union a

economies are once again forced to pay for others to prop up the euro zone portugal's we acros those of ireland and lose what many predicting spain by the next. band of thousands of women die every year in the hands of violent husbands in russia each calls for a change a lot of courage those suffering in silence to come forward. to the next hour show moscow out this week martin anders explores what russia can offer for those obsessed with space above and beyond. hello and welcome to the stereo i'm standing under the floor of the highest and most famous monuments here in the russian capital but why but because of this research i will be exploring the subject of space direct it in like the sixty fourth celebrates the soviet achievements on the space race to today's european space program join me as we find out why russia is self-sustained everything that's literally out of this world the world watch when you're against successfully completed the first manned space flight unable to twelve nine hundred sixty one gary became an international celebrity and was awarded many medals on his including her