i max kaiser this is the kaiser report i'm here in ireland kilkenny ireland there's a new song in ireland it goes like this i'm looking over a three point six billion euro clover but i want to look before you know it's the new president and the new minister of finance people have discovered a three point six billion euro hole in the accounting budget that they didn't see before such is the way things are going here in ireland herbert yes max is the luck of the irish speaking the irish going to be the irish times here three point eight billion euros in cuts and tax increases coming in budget michael noonan the finance minister says e.u. i.m.f. bailout condition sacro sanct well you would think that they would match up you know i just talk about a three point six billion dollar magical leprechaun like find by the new president and this three point eight billion dollar requirement of cuts you think they would not show up but of course in this world of economics we live in all the benefits accrued all the same products and all the hysteria free born by the general population the word that i'm

next artie's interview show spotlight as ireland gears up for another austerity blow host al gore enough sits down with the country's deputy prime minister and minister for foreign affairs and trade a maine gilmore to discuss what the country is trying to do to avert default stay with us. closure is that so much i was about to feel and i think i'm going to give it real improvement is china and that is the world undergoes a massive economic and geopolitical shift and as the world changes china take on a greater. spotlight. on r.t. . and today my guest is. island will be taking over the presidency in the new year of two thousand and thirteen but on the eve of this event ireland is facing pretty serious economic and financial problems well as well as many other european countries and members of the euro zone president medvedev the russian president was present at the g twenty summit in france said russia is ready to help neighbors so what kind of help is russia ready to provide to our island let's ask the deputy prime minister and the foreign minister of ireland eamon. as the european debt

bad day for ireland. dreadful.er in ireland, the flight of the earls, no resistance in ulster. so the english could go ahead with what was called the plantation of ulster -- irish people driven off their lands, those lands planted then with settlers from england and from scotland. when people ask me, "how can that part of ireland be still part of england?" i tell them "1601, kinsale." that was a huge shock for the english. they suddenly realized the significance of this perfect harbor of kinsale on their doorstep. to rule the waves, they had to secure the harbor, and they invested in this enormous fort, charles fort. star fort, state-of-the-art, 17th century, huge. for 400 years, this fort was one of the principal strongholds of britain in controlling ireland. 1,000 troops were based here until 1922. ireland became independent of britain, and britain finally gave it back to us. the fort itself is designed as a star fort, it's called, because it has points like points on a star, and the idea of the star fort, its co

minister of the republic of ireland. when i went and to the eurozone it was seen as a guarantee for prosperity for economic prosperity for for years to come well now after that year has experienced serious problems and is actually facing crisis what's your what's your opinion the year round the the irish. entry into the eurozone do more good or more bad for the republic i believe is it more gold really i think first of all you have to acknowledge that the irish economy grew very significantly during its period in the euro yes it is true that ireland experienced an economic setback about three years ago but we are now coming through that and coming out of that there are difficulties in the euro zone everybody knows. the european leadership is working to deal with those difficulties and i believe it's dealing with those difficulties successfully if you look at the number of decisions that have been made this year to supports the euro and to support the euro zone the establishment of the europeans to the stabilization fund

zero next artie's entries show spotlight as ireland gears up for another hit after bailing out failed banks algor enough speaks to the country's minister for foreign affairs and trade. to discuss what's being done to avert default. hello again and welcome to spotlight the into the show on our to al gore novel and today my guest is. island will be taking over the presidency in the e.u. in the year of two thousand and thirteen but on the eve of this event ireland is facing pretty serious economic and financial problems well as well as many other european countries and members of the eurozone prison mid-range of the russian president when he was present at the g. twenty summit in france said russia is ready to help its european neighbors so what kind of help is russia ready to provide to iowans let's ask the deputy prime minister and the foreign minister long island eamonn. as the european debt crisis spirals even further all to control economists worry about the future all the euro if greece defaults and then leaves the currency island and all the weaker economies may be forced to do th

but on the eve of this event ireland is facing pretty serious economic problems well as well as many other european countries and members of the. present russian president present at the g. twenty summit in france said russia is ready to help. others so what kind of help is russia ready to provide to islands let's ask the deputy prime minister and the foreign minister. as the european debt crisis spirals even further all the economists worry about the future all the euro if greece leaves the currency and all the weaker economies may be forced to do the same the region stronger nations have graded and almost half a trillion. still not enough to boost the europeans are seeking support in the east particularly from china. russia to help it's a request officials and. political interests to. a welcome to the show thank you very much for being with us pleasure to be with you first of all i want to before coming to moscow. this time you said my intensive schedule attests to the emphasis we place on deepening and broadening further our political and economic relations with russia and quote w

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

there is a sense that ireland is getting on with the process of debt reduction.hat is really going on? our chief economics correspondent went to dublin to find out. >> a year ago this, protesters tried to fight their way into the government buildings in dublin. ireland succumbed to a financial bailout. 12 months and the mood is very different. there have not been mass protest or widespread public sector strikes as there have been in other countries. it seems as if ireland is taking the pain and getting on with it. the economy is growing. food is one industry and filling up growth. this is pepperoni produced in ireland. it is sold for pizzas and other meals all over europe. exports are growing strongly and that is beating the irish economy. >> the recovery will be an excellent recovery. it will be an export-led recovery. >> selling goods abroad has proved easier than selling them in the irish market. this is the other side of the irish economy. the continuing legacy of the housing boom and bust. there are ghost states dotted around the country. this is far as the

with ireland canceling and closing their embassies in the vatican at the same time they're giving birth to a new papacy of investment bankers who believe they walk on water and go unchallenged through the land of bestowing their indulgences for a small fee of course well of course in ireland it would be now the fed. treasury and the holy troika the fed the treasury and the holy troika i like that. so we're going to look at one of the elements of this budget is that they're making a seven hundred fifty million euro cut from the capital investment account for the nation but at the same time this week they paid off seven hundred fifty million euro in unsecured anglo-irish bonds write the word unsecured i think needs to be highlighted there and that means that the issuer is taking a risk fully in the knowledge that there is a strong possibility they won't get paid back and this is what own secured means so the fact that the irish government is deciding to pay this loan anyway shows you the what i would have to call stockholm syndrome they fall in love with their captors haven't they and the

ireland is now posting modest growth. >> we are -- can fathom what it means for the people of ireland to shoulder this harsh program. that is why we can mend ireland's success of the more and fully support its -- commend ireland's success all the more and fully support it. >> the country is still marked by the collapse of its banking sector and unemployment remains at more than 14%. many have left to work abroad. for kenny, there is no question of reverting to the era when ireland lived beyond its means. >> people continue to make enormous sacrifices. i have said quite clearly to chancellor merkel -- we're absolutely determined to continue with the reform process. >> there remain at odds over europe's central banking division. dublin wants the ecb to sell eurobonds. some are opposed. they say it will only buy a little time, for which they will pay a higher price. kenny admitted there were divergent views on the issue, but both sides played them down. >> the economic prospects keep getting bigger -- dimmer. >> business is still brisk at most german companies, but survey respondents wer

in the year of two thousand and thirteen but on the eve of this event ireland is facing pretty serious economic and financial problems well as well as many other european countries and members of the eurozone prison milledge of the russian president when he was present at the g. twenty summit in france so russia is ready to help its european neighbors so what kind of help is russia ready to provide to islands let's ask the deputy prime minister and the foreign minister lyle and eamon. as the european debt crisis spirals even further all the control economists warn about the future all the euro if greece defaults and then leaves the currency island and all the weaker economies may be forced to do the same the region stronger nations have graded and almost half a trillion euro bailout fund but that's still not enough. to do to the europeans are seeking support in the east particularly from china but they also want russia to help its request officials and moscow believes both in its economic and political interests to. think over a welcome to the show thank you very much for being with us

a year ago this week, ireland requested financial assistance. there is a sense that ireland is partly taking the pain and getting on with the process of debt reduction. what is really going on. >> 12 months and the mood is very different. there have not been mass protests are widespread public sector strikes. it seems as if ireland is taking the pain and getting on with it. the economy is growing. food is one industry fueling the growth. this is pepperoni produced in ireland. exports like this have been growing strongly. that is feeding the irish economy. there will be a greater value had back to the economy. it will ultimately help to deal with the position that we are in. selling goods abroad has proved easier than selling them in the irish market. this is the other side of the irish economy. there are ghost the states adopted around the country. this is as far as the developer got before the money ran out. house prices are over 50% down since the peak of the market. people are cautious and reluctant to spend and government can have it consume

he's a big fan of the ireland soccer team. he wanted to check out a big match between ireland and estonia in estonia. he didn't want to pay for the ticket. tickets were pricey. he went to the stadium, saw an open door, walked down a hallway, found a bag of soccer balls, under the bag of soccer balls was a jump suit for the estonia soccer team. put the jump suit on over top of his ireland jersey. in this video he is on the field, is on the estonia bench. he made its whole way down to the field and realized he was sitting next to the coach of estonia. >> he's an ireland fan. >> after ten or 15 minutes one of the officials goes -- notices him sitting on the bench, tells him he has to move, goes back up in the stands. ireland, his team won 4-0. after the game he's out on the field. in the jump suit congratulating guys on team ireland. >> that's so awesome. >> i love it. >> this is hysterical. >> of course we had to find out more. we got connor cunningham. he is joining us via skype right this minute. i understand somebody said to

but the whole crisis will revisit ireland again they just found an incredible new realized liability and their banks' balance sheet that will require another bailout in ireland and more austerity measures speaking of ireland stacey i was just in limerick at limerick university they gave me this award the limerick university debating team this is for contributions to financial journalism one of the say stacey says honorary life membership according to max keiser for his contribution to debate and discourse they must've seen your discourse at the dispatch box with david cameron yes well the contributions i made apparently to the art of discourse and debating is my use of props if that's true of the props and i like props like this like here's a fifty euro roll of toilet currency all of your fifty euro toilet paper currency will soon be about as valuable as the store the paper except this is all available nightly printed up in this beautiful display case that you can show in your house and tell your kids all about what happened in europe at the end of the beginning when it was all turne

welcome back to the kinds report imax guys are time now to go to ireland and speak with mark o'byrne he's the executive director of gold core mark welcome to the kaiser report. are fantastic now mark the european commission i suggested that week or european countries could back their bonds with their gold that's in the euro zone gets back at the end of this crisis that most of europe's gold will have been transferred to the very banks that caused the crisis well it's quite possible the bottom line is the amount of debt that we have in the world and we have to get fixated on the days later about one week it's greece the next week it's only spain and the very narrow s. and p. and i.m.f. republican i'm sure people are sort of focusing on the trees and not seeing the wood and what is that we have a global debt crisis as a matter of preference of the world as astronomical and i was increase of seventy one very very gradually until recent years very well exponential and basically the levels of that are so huge that even if they did charge there. is are you know the whole notion of. the bon

who write oh they're government then i'll be in london soon enough you know i just got back from ireland are doing a world tour to visit all the hot spots around the world has me push back against the criminal banking class warming up for the great inquisition part numerous double o. twelve yeah well the put their heads on spikes looking forward through it what else . reeking of the global financial name computes they of course were meeting down a nice last week and one of the talks to emerge was in this next headline bundesbank central bank reserves will not help fund the f s f so g twenty leaders in cannes discussed the idea that the european system of central banks could pull on their total foreign exchange reserves of fifty to sixty billion euros to a trust of the european crisis fund in the form of special drawing rights from the international monetary fund gold is in play this is what we've been warning you about for a long long time. that gold is going to be in play now it's definitely in play because all of the banks with all of these debts when you add them all up you realize th

quinn's residency and extensive interest and liabilities within the republic of ireland. by declaring himself bankrupt in northern ireland, sean quinn only has to wait a year before going back into business. if he had done the same in the republic, it would take 12 years. >> this is bbc news. these are the headlines. stock markets rally as the italian senate adopts a key package of cuts designed to aavoid a bailout of the euro's third largest economy. the death toll from syria's crackdown on protesters continues to escalate with the arab league under pressure to freeze syria's membership. president obama is to host the annual apec leader's summit beginning in hawaii. with most european economies stagnating, mr. obama is expected to use the occasion to hitch the u.s. economy to opportune in the asia pacific region and that's turning into a debate over a new trade agreement, transpacific partnership. >> hawaii is where barack obama was born, indonesia where he grew up. on the face of it, he's a pacific president. but until recently, pressures at home and crises abroad have

situation let's talk a little bit about gold how much gold does ireland have if any mark o'brien. i think those are once ages forty to fifty homes post and whatever go we have i think it's well i'm sure. with the e.c.v. on this one for this book i think those are the people who've put the requests on the piece of information on the seat and find clarity or bias and there are as there are. like a lot of central banks also that offer a camp home as a huge lack of transparency that we don't actually know me and i don't know where. the factions don't have the central banks ok so it's not like at the recent revelation by the new government that they thought they had. a multi-billion dollar hole in the balance sheet but now they found a multi-billion dollar credit in the balance sheet i believe they they pointed to leprechauns as the reason for that sudden discovery so maybe they have a goal that ireland will have to ask the leprechauns let me ask this about ireland are they going to be the first to leave the euro doesn't sound like they've got the spine for it what do you think at this

will get out of the problem because it is restoring its competitiveness ireland is really improving but still will have forty percent of the eurozone in trouble and what these countries have to do is to improve and increase their competitiveness and says nick they cannot devalue within the euro zone they have to bring about a sort of a domestic develop ration by reducing salaries by cutting the public sector of making their labor modest more flexible and this is very hard to do because people immediately feel the pain and they start protesting against it's not only against those measures against the entire project of the european union some people are saying that european union is like the soviet union. while they both try to be a sort of a union and what the soviet union showed is that if you want to harmonize everything too much in an unnatural way that it will collapse so what we have to be careful about is that we cannot try to harmonize everything that is under the sun and legislate on everything that is under the sun peoples in europe the peoples in europe there are all bit di

job in the czech republic through a shed the republic of ireland and portugal become to live. with their birth euro twenty well. hardwood hardship it seems early a day goes by lately without another twist in the n.b.a. lockout so we get to grips with one of the most from rooney is tales in recent american sports. on hitting new heights a group of dirt devil mountaineers retell the stunning story and most school of conquering the world thirteen the highest peak in the winter a feat which had never been done on. a football where we now know the sixteen teams who will fight it out for european glory next summer portugal the republic of ireland czech republic the last side's to secure their euro twenty twelve places after tuesday night's second leg playoffs the russian interests was focused on the turkey encounter a draw on the night for the turks would ensure a russia favorable placing in part. for the finals draw or not is what happened in the final score in zagreb croatia essentially with the tie in the bag after the opening leg they won by three nil the defeat seeing turkey pa