is that those companies dealing with iran are going to have great difficulties now u.k. trade with iran is something like about two to three hundred million pounds a year. it was i have to say about five years ago about four hundred fifty million in spite of all the problems that we've had. so those companies involved with iran are going to be suffering so it's not only the iranians if they are going to suffer but certainly british companies are going to suffer which is why i'm really keen to get these talks going you say you think you said earlier in this interview you thought that these sanctions are going to be effective you think they are hopeful that they will get around back to the negotiating table how are they going to affect the iranian economy and the iranian people. well i'm not sure but i do i think one of the things that iran must need more than anything else is the attraction of inward investment. and the transfer of technology. iran is a fantastic country it's. very good at looking after itself its engineering capability is absolutely brilliant they offer

speaking of gold when we come back i'll be talking with ben davies there's a fundamental joy in the u.k. as a big position in gold and has a big price target for gold so don't go away stay right there on the kaiser report . for the. we've got. the biggest issues get a human voice ceased to face with the news makers. welcome back to the kaiser reports i'm not to go to london to talk to ben davies director and see highland capital welcome to the show ben davies thanks very much nice to be right ben you run a gold fund why is gold risen so much in value and are you sticking to your target of thirty six thousand dollars an ounce. good question. gold is rising because there is a master postman of global currencies around the world central banks of. governments of moved on a policy of monetize ocean and fiscal imprudence in order to socialize all the losses in the private sector or the buying so to so in order to to allow the banks they need to find some money and unfortunately that wasn't very forthcoming so they've had to create a consequence of that is that people understand that money is

before that the u.k. government is being criticized for its disregard for freedom of speech after protesters were forcibly removed from outside the houses of parliament in london on tuesday bailey civic to the peace camp set up by demonstrators at westminster but campaigners calling for a day on to the war in afghanistan say they are determined to return artie's lore and it reports. democracy but only on our terms that seems to be the message coming from the powers that be in the u.k. capital as a peace camp is finally removed from the government's doorstep as dozens of bailiffs and police sweeps to clear out the campaign as london's mayor said the demonstrators were making a mess and stopping the public from enjoying parliament square but the protesters insist their crucial message is being muted i would like to see the government. primarily i would like to see the course of foreign policy that is government has been pursuing over the book for such a long time going back for many governments. to see an e

and u.k. enjoyed a truly special relationship, celebrate a common heritage, a cherished common values, speak a common language most of the time. we honor the sacrifices of our brave men and women who have served together once again and even lay at the rest together. of of all, our alliance drives because of the offenses of the common interest, whether it is preventing the spread of nuclear weapons or securing vulnerable nuclear materials, thwarting terrorist attacks or climate change, while developing economic growth and development. when we stand together as a people and when people around the world are more secure and prosperous. >> the strain has come in the comments that have been made by some american lawmakers because of the bp oil spill and the release of the lockerbie bomber. lawmakers here are alleging that british petroleum lobbied hard for the release of the terrorists. david cameron has spent much of the last 24 hours on the defensive saying that this was a decision not made by his

you've got andrew mcguire in the u.k. whistleblower on the london billion market association testifying to gary gensler at the c f t c talking about leverage of one hundred to one on that market physical being collateralized or speculated upon with paper bets one hundred times greater than any possible so over in the vault and also you know going back a few years some would posit that gordon brown's sale of half of the u.k. gold supply at the absolute low price for decades had a lot to do with trying to meet short positions in this artificially goosed short precious metal market as a as again a way to support the fear of currency system which is a system that not only has brought us a bankrupt economy around the world but has also said the financing needs for the most ugly aspects of our society and i'm talking about the war machine in the u.k. in the us the ecological devastation we're saying but then of course we're getting more into a political arena and i want to keep this more on the economics now the biggest story t

in paper currencies all right now when you talk about the government creating lots of paper in the u.k. it's just been reported that the government has just closed and they found magically many more trillions of dollars in bad debt that they didn't have or do existed as early as two weeks ago so isn't part of the problem here in terms of the scenario going forward that all the money that's being created it seems to be even more bad debts suddenly appear out of nowhere and then there result in fact is the situation we have today which can be described as deflation clearly as as under threat of being fishes deflation sonority as you have income but debts and they become realized and you have a deal leveraging of the system there is a demand for currency which would be counted sure to the amount of currency those being created on the other side but the policy response this time and considerate probably to continue particularly with the united states and probably what we're about to see with regard to the european financial stability facility i think there will be another shock and or proc

you know i'm talking about the war machine in the u.k. in the us the ecological devastation we're saying but then of course we're getting more into the political arena and i want to keep this more on economics now the biggest story the gold story the past week has been the news that european commercial banks are reportedly engaged in gold swaps with the bank of international settlements ok top talk a little bit about who that be i asked and a little bit about this gold club story please rewind slightly you talked about perhaps brown had to sell the gold in order to make growing shorts from swaps and least gold i think there's a lot to be said to that i mean i do find it interesting that the c.b. then announced not long after the bank of england's announcements to do is watch and i believe there were seventeen over the next three years for four years i think ninety nine to two thousand and two police who probably has. a legacy to the been displaying who first hand the republic hyperinflation and understood the value of sound finance and go

is the face fell she needs a reality check the reality is that the head of state in the u.k. is generally and has been historically church of england so there are a great many reasons and they tend to be men and they tend to be white so let's be absolutely clear about the coalition that you were talking about that happens and i'm not denying it and i completely oppose it and i support any initiatives that are there to support women from. what. i want to do you. do in the last. i wish we could argue about this forever i vary two points that i would like to make about choice we hear again and again about this face that i know we actually hear again and again about we cannot impose things on people well first of all governments do tell us how to dress we cannot walk outside our house naked there are laws in various states in various countries about wearing masks in public and as liberal as we like to be we sometimes pass in liberal laws that are for the greater good and this is one of these circumstances i support a book about and while i detest the political right wing and the

deadly weapons according to reports in the u.k. admits to using depleted uranium ammunition during the war in iraq. and feeling the heat as temperatures in ma.

the u.k. barometer should be shown to the parliament before it's shown to anyone else and that's always going to be the case under this government. i am pleased to report that subsequent to its publication a number of international bodies have all recognized it was an extremely good budget that's going to help put this country back on track. >> thank you, mr. speaker. can the prime minister give the house a clear pledge on child poverty today? will there be fewer children in this country living in relative poverty by the end of believe apparent? -- parliament? yes or no. >> we're committed to meeting child poverty. please remind him this budget in spite of all its difficulties does not add a single family to child poverty. wherein in contrast to the last government that put up child poverty in -- by 100,000. they shake their heads, check the figures and come back and have another look. >> mr. robert buck land. >> thank you, mr. speaker. will my right honorable friend give an assurance that all

they stole the borg coalition in the u.k. says recently documents on the are going to war could mold the beginning of the end of the campaign. russia is on high toxic alert as china which thousands of barrels of explosive chemicals into a major event. like smoking gun scorching temperatures in the not really reaches a second record unlike any. news from russia and iran the world this is all see was me thanks for joining us now a russian investigation into the sinking of a south korean warship on launch has revealed it wasn't carried on by north korea as previously believed that's according to a south korean newspaper contradicts one carried out by the u.s. and south korea which plays the blame on p.r. young the new report which russia has not confirmed says the vessel has a mine in north korea maintains it had nothing to do with being student foreign policy analyst stephen cohen says the result of the international report puts out. there is a large opposition within south korea to the idea that in fact north korea is responsi

the bank says the u.k. bonus tax also created onetime drag on e bottomine. >>> tomorrow is the day of reckoning for european banks, when the results of stress tests for 91 financial institutions will be released.

in the u.k., the southwest is a hot spot. this footage was shot by holidaymaker. this is an iconic part of the jurassic coastline. this man survived but was lucky to do so, having fallen unconscious below the water. >> the problem is not confined to cliffs or rocky coastlines. there are not any here, but there is this -- a breakwater and structures like that can prove just as tempting to jump from. >> darren lewis manages lifeguards on the east coast of england, but he does not expect tombstoning to stop anytime soon. >> de arrive from internet sites, so it has raised the appeal for people to do this -- they are right from internet sites. presents the opportunity for people to film what they are doing and be seen by a wider audience. >> and then, there is this -- exploring the shoreline and jumping into the water, but in a managed environment. it has been suggested that its increase in popularity could be encouraging people to try tombstoning, but owens sr., an instructor, finds that hard to believe. >> tombstoning is simply jumping from hike into water. people do

a scientist who was part of a spy swap deal between moscow and washington has been given a u.k. residence permit that's according to igor sutyagin lawyer. was among those flown to vienna airport last week where the two sides exchanged agents he was in taken to the u.k. where he spent several days awaiting a decision from the british authorities meanwhile it's reported that those deported by the u.s. are still being questioned by the russian intelligence service with the spy swap between moscow and washington successfully completed many details surrounding the saga remain unclear. since the secret world of espionage ati spoke to former k.g.b. officer. one intelligence receives an assignment little happens in a particular setting particular political situation while the secret service is doing its work the setting can change on the political level those who assigned the task may now have completely different relations. therefore even though it's secret service. did manage to prove something the political landscape requires a different attitude and a different implementation becaus

lend more lose bonuses so vince cable the business secretary under this coalition government in the u.k. has announced that he's going to force bankers to lend to businesses or risk losing their bonuses under his new plans get some the redstone to threaten the banks because some the rest of the middle and going away middle lindo going to kill you i've got this twenty one year old should write is she loves me i got some via you but a linda are going to let us. it would work it's going to get mama policy this is similar in a way because he's saying you know i'm going to whack you socially if you don't collect a billion dollar bonus this year you're a nobody you're into europe you're a peasant if you don't make a billion dollars a year absolutely but the joke of it is that no matter how many loans they inject into the system there is a wall of twenty trillion in bad debt that's going to suck up any liquidity going for the next five to ten years to deflationary spiral that's causing huge spikes in unemployment and waves in syria ration and quality of life collapse in american britain and ar

in the u.k. the biggest book by city bankers in the city of london this year they're all fighting to get in so much that the so much demand for that is that seven hundred dollars you know dying of money lessons of the great german and american inflation's which with the hyperinflation zone and the crises of the great depression whether for of course from ben bernanke thank stacie herbert for being on the kaiser report thank you max already it will be back with a sense letting interviews don't go away. from the future. job. schemes are missing in my life and if you're living. in specialises in the street your stereo display a life glasses no problem. three d. your day a year. you've got. to be too much right. move. from sales to pressure. startup team dot com. welcome back to the kaiser report time now to to go. new york city and speak with michael kramer fund manager and financial writer michael welcome back to the kaiser report it's great to be back max and stacy thank you for having me michel t

former u.k. justice secretary and the chairman of bp all said no. he said -- senator called it disappointing. a postponement of the hearing was announced by an angry senator robert menendez. it was home to 38 of those who died in the bombing. he accused the reluctant witnesses of lacking courage and said all had washed their hands of the suspicions following the controversial release of the bomber last august. >> it is disappointing and pretty outrageous that none of these key witnesses will cooperate with our request to answer questions. they have stonewalled us. each side has claimed innocence. each side has blamed the other. >> those comments were directed at the former british justice minister who has written to the committee explaining the scottish government alone decided to release them and to scotland's justice minister who insisted concerns about bp and the media -- and libya be addressed to someone else. the scottish government freed him on compassionate grounds when it was deemed he was dying of cancer. the senator accused bp of corporate

. >> welcome to bnd "bbc world news" broadcasting to our viewers in u.k. and around the world. tycoon, conrad black has spent first night of freedom, he was charged in 2007 of taking pounds, and there was concerns by the u.s. supreme court. >> conrad black taking shares more than $6 million, and security cameras showing him taking boxes away. >> the shareholders showed he was stealing from the company. jury was found he was stealing from the company. and the genius like conrad black, they are irrepressible from the climb up the mountain and down from the mountain. >> conrad black started in the building, and out maneuvered the owners and revamped. and it was what was the third largest newspapers. but will telegraph is long gone from fleet street and long gone is conrad black. >> his citizenship was that of the lords, and he renounced it. but while some admired his achievements, many found him arrogant with his homes in london, and florida, some said that he was living a billionaires lifestyle on a millionaire's lifestyle. he and his wife was party people. he was freed on appeal

deadly weapons according to reports the u.k. admits to using depleted uranium ammunition during the war. as temperatures in moscow soared to all time highs and heat waves disaster for some farmers in russia as they suffered the worst drought in a century. and next to explore the industry a fake products how could you identify copied goods and why it can be so dangerous that's coming up in our special report here on araa. some seemingly innocent children's toys actually. some so-called drugs were never intended to treat anything you can even find dishwasher inside the one a single plate. so when do these defective goods come from and who makes how do consumers need to identify a fake and can lure unfortunately against the producers. of canned goods. motorists call this stretch of highway from mexico to the demand. it's named after china's capital because hundreds of chinese made toys are sold on the run. in the villages. all of this is mind show me you're a genius who are you is all this serious yes you show your papers you think

it is love being with the u.k. government over prisoner transfer. the american politicians and not get that distinction. they are unhappy. there is still some way to go between now and the hearing at the end of this week. >> in the united states, if the storm that caused the evacuation of ships in the gulf of mexico has weakened across florida. some ships in the area are preparing to leave. hal>> it makes his way over floa toward the gulf of mexico. it is a scenario that bp the government thought when not happen. it is forcing operations to come to a standstill. they have declared a state of emergency. we think it is prudent to claim for a hurricane. new hope for the best in you prepare for the worst. >> everything depends on the new caps holding up. engineers and crews are forced to stay away from the side. the solutions to cap the well have been stopped. thad allen said bp be back to work within 48 hours. he said it is an uncertain as demand. >> our priority is safety of our personnel. that dictate movement of the vessels and preservation of the e

it is the biggest quarterly loss in u.k. corporate history. it cost chief executive tony hayward his job and he will be leaving in the autumn. bp has also announced it is setting aside more than $32 billion to pay for the cleanup. >> and the flower of british industry, bpa. it is generating a $17 billion a three-month loss. here is what caused the financial and environmental calamity. the explosion three months ago of the thredeepwater horizon oil rig in the gulf of mexico. the worst performance in bp's history, are you confident that you can rebuild from this vision? >> of course, is a huge loss that overshadows everything else. but the overlying performance of the company is strong. it continues to be strong. we have strong assets around the world. we have strong cash flow. it is a tragedy and it has terrible consequences, but we will be able to run the company appeared >> they have to change almost everything about the way this huge company operates. they have to sell assets to raise $20 billion pounds. they know that to operate much better

u.k. has made clear it wants its troops out sooner rather than later. hillary clinton insisted this was a fight worth waging, and she called for several things. >> they are not fast enough. >> wwe are a notoriously impatient people. we know what happens when we prematurely leave afghanistan, so part of what this conference is about is stocktaking, bringing everyone to the table and having an open exchange of what our questions and criticism might be. >> mrs. clinton was just in islamabad. a regional strategy is crucial, and pakistan is a crucial ally. she called on pakistani authorities to do more to fight militants along the border. it will be a test for afghan security forces during the for the first time there will be running the show, and the world is watching. >> a medicinal gel being tested in south africa has more than half the chances of women getting hiv if applied before sex. it might be able to help protect women from the deadly virus. the u.n. aid agency has called the results groundbreaking. >> researchers have been trying for years to make

britain's defense secretary admits u.k. and american troops use depleted uranium an initial or muroc war in two thousand and three it's use is why do you condemn it because of the potential long term health effects such as tense with the militants. and washington has apologized to moscow for arresting a russian citizen without proper notifying the countries of forty's the pilot was detained in long period and transferred to mess with his alleged involvement in drug trafficking. longer than jews explores the ring of ancient cities and towns just outside the russian capital. hello and good to see you again now about seventy five kilometers north of moscow along the road. is the small town south of the main goal to ring the nations. of the next few weeks we'll be visiting several of these historic wonderful cities and towns day out on a beautiful something. you can see the journey. to just over the centuries many fasting throughout the journey is a long way from the second full day today it's about a two hour drive where you l

britain's defense secretary admits the u.k. and american troops used to depleted uranium munitions during the iraq war in two thousand and three its use is widely condemned because of the potential long term health effects such as cancer and birth abnormalities. washington has apologized to moscow for arresting a russian citizen without properly notifying the countries of origin the pilot was detained in liberia and transferred to the u.s. over his alleged involvement in drug trafficking. and all the sporting news is next with human. to have your company. today here on twenty four hour r t i am you know these are some of the stories we're covering feeling blue. monitor a long long suspense the entire world cup squad following their disastrous in south africa. championship winner tim clark not just up a bogey free run to take a share of the lead after day two that can be in the open. and off track it's a dog's life when you don't know which hurt to chase a brace the artificial one or. more on that shortly but let's kick things o

and activists accuse the u.k. government of trampling on three speech today where victims from that peace come upon them and campaign is calling for an end to the war in afghanistan and say they'll be back. next week dennet an american it's hanny who's in banking on a campaign to force big corporations and high ranking us politicians to take responsibility for their actions. attorney and author charlotte janet joins me now to talk about her current book the people first bush and the possible aura of impunity that surrounds american presidents thank you very much for sitting down to speak. mr that you have been on an on line campaign to prosecute george w. bush and members of his administration for what you call violations of international law it domestic law the constitution. why have you not given up on this because the administration of george w. bush was particularly lawless i don't think there's ever been a time in american history when we had the highest officials in government so flagrantly break the law and

. >>> cheap alcohol and 24-hour drinking will be reviewed by the u.k. government. they're asking people what they think about underage drinking and how best to deal with it. >> the relaxing of the licensing laws was supposed to introduce a confidential style cafe society, but alcohol and longer opening hours has not proved to be a good mix always in the u.k. in the town center, it is obvious how much bargain booze is still on offer despite the pressure on pubs. >> if they have special offers on cheap alcohol, they have to bring in post office dues. >> the office is considering giving council to stop drinking after midnight. shops and bars repeatedly serve alcohol to children could be closed down. and a minimum price for alcohol could be introduced. some drinkers feel that means they will be made to pay for other people's mistakes. some are say they're not the worst offenders. >> we need to look at other areas where they get alcohol, such as supermarkets, which are cheaper than we are. we are not busy until late at night because people are drinking at home. >> it is

peace activist says nato u.k. peace activists rather say they could find it hard to carry on artie's lore emmott went to me.

campaigners accuse the u.k. government of leaving and a democratic after the take out of the peace camp next to parliament. watching r.t. coming to live from moscow eleven am here on marina joshua welcome to the program now two guards have been killed and two workers injured as a series of explosions blasted through a house station and russia's southern republic of covered bowl caria officials say a group of terrorists broke into a box some planned and laid several explosive devices we now cross live to over one reason for more details on this. so maria what more can you tell us on what happened. while marina investigators and specialist from british ministry of urgency that currently working out the same to find out exactly what happened to her dad today at the sun paul plunge in vicious southern republican party that al qaida in north caucasus say in the region which is thought to be one of the country's most volatile.

stories deadly weapons according to the u.k. admits using depleted uranium. war in iraq it's alleged that more than forty sites show high levels of radiation.

of nato personnel the disclosure has increased calls to end the war in many countries including the u.k. . met a former british soldier whose refusal to fight cost him his freedom. this is the soldier who said no to the speaking out against the conflict while he called it illegal and unjustifiable his advice to the government so i was just simply. people in the morning with. you know the call of will fall off the wagon which was the message which confusion the store so i start listening to public clinton joined the army in two thousand and four and fought for seven months in afghanistan he says he came home a changed man suffering symptoms of post-traumatic stress disorder which he claims he was bullied when he heard he was being said back to afghanistan he did from the army and didn't come back for two years initially his military superiors were understanding but when joe spoke at an antiwar rally in london they up to his charges to desertion which carries a ten year prison sentence joe's modest. that exposes the hypocrisy of the conflict bringing democracy we've got freedom of speech