what we are trying to establish by adopting britain controls is to establish a defense that says, even were there to be a problem, we have done what you assets to do. you told us to do britain controls and training. we have done that. why with the sec wants to bring enforcement action against us? it would not set an example to the market. 26 and 27 -- 26 is a slide that shows the key features within the original statement. 27 reflects certain observations, one of which is apparent that it is always easier after the fact when things go awry to say, was everything accurate about the disclosure? because of that, if there's any question about whether or not to disclose the tendency of the team is to disclose. the sec, in the orange county report, those of us who have to interpret it, in reading it closely, they allege that the board members new material facts and did not bring it to the attention of the financial team. how do we interpret that? what advice can give you if we are not aware of whether that is the case? is it necessary that the board members, in each case, review the complete, official statement. the answer is no. the sec as short as you can reasonab

to reform. there was also some advice for britain. >> i find it odd that the british don't have the euro and advise us of what we should do. they don't want to help in any way. >> and the chancellor was concentrating on what it means back home. >> is a difficult and dangerous situation. britain is impacted by what is happening. growth in britain has been hit by what is going on. >> back in italy, he headed off to what might be his last official engagement has prime minister. the markets stabilized when he announced he would resign. today's news calmed them. they know that it is still in critical condition. a few christ -- matthew price, bbc news. immune to the economic crisis. speaking during the visit to tokyo, there has been significant progress made on solving the political instability. >> clarity and credibility which is much needed in italy will have an impact on the way in which the italian economy responds. the second impact that will be needed to " leave the proper expedited implementation of the program and reforms that have just been decided by the italian houses of parliament. and if that happens and if the agree

program it's refused to admit it and we do know it prepared to use those nuclear weapons if it from itself in a losing side in any war with an arab with an arab states and britain france provided the means for the abuse of nuclear weapons and i think the most questions over america too because america has not signed up to a whole raft of treaties and agreements on nuclear weapons or the comprehensive test ban treaty the one and. prince we see america greeting and developing is all and you quote weapons programs from the replacement of trident britain to replace trident to battlefield nuclear weapons and we see america installing a missile defense shield and talk planning to put weapons into outer space picking on iran but they're picking on iran because clearly they don't trust iran with a nuclear weapon george osborne has said today we're going to do this to improve the security not just of the whole world but their national security the united kingdom he's not scaremongering by any chance. nor would you trust israel with nuclear weapons because i think israel must be one of the few states in the world you think could use nuclear weapons if push came to shove

to china can do to slow us down or hinder them. certainly plays into their politics. two million public sector workers all over britain the room a massive strike over pensions they've marched through many of the u.k.'s major cities are the whole of all schools were closed as were many offices well hospitals are being badly affected and i think forced to focus on emergency care with a sporting events in london. the biggest strike the thirty year is really speaks to how angry people are about these proposed measures we've seen a rally here in london today with approximately twenty thousand people active but that's not even half the story there have been rallies in cities throughout the country and also a picket outside individual workplaces this is it has been a law actually a very largely peaceful demonstration although we are hearing it very early reports of a breakaway group who have rage is building not very far away from where i'm standing in which the country's highest paid c.e.o. reportedly works we'll be following that as it as it develops top of all the schools have been placed which has meant that parents have

to use its nuclear technology to design an atomic bomb. >>> britain has launched a similar measure. it ordered all its financial institutions to stop business with iran's central and commercial banks. >> we're doing this, because of international evidence that iran's banks are indulged in the development of iran's weaponized military nuclear weapon program. >> france is taking a firm stance as well. president nicolas sarkozy called on other western nations to impose sanctions including freezing assets of the iranian central bank and banning others from the country. and meanwhile, down. playing the importance of the new sanctions. the spokesperson told reporters sump measures would have no impact. >> translator: these sanctions are malicious propaganda against iran to drive the country into a psychological corner. >> the sanctions are condemned by the iranian people, and also said britain was blindly following the u.s. in its policies on iran. he added that despite previous sanctions, iran's trade with other nations has been expanding. >>> prosecutors in tokyo are digging into another business scandal. they arrested the former chairman of daio paper for taking out millions of dollars of personal l

to use its nuclear technology to design an atomic bomb. >>> britain has launched a similar measure. it ordered all its financial institutions to stop business with iran's central and commercial banks. >> we're doing this, because of international evidence that iran's banks are indulged in the development of iran's weaponized military nuclear weapon program. >> france is taking a firm stance as well. president nicolas sarkozy called on other western nations to impose sanctions including freezing assets of the iranian central bank and banning others from the country. and meanwhile, down. playing the importance of the new sanctions. the spokesperson told reporters sump measures would have no impact. >> translator: these sanctions are malicious propaganda against iran to drive the country into a psychological corner. >> the sanctions are condemned by the iranian people, and also said britain was blindly following the u.s. in its policies on iran. he added that despite previous sanctions, iran's trade with other nations has been expanding. >>> prosecutors in tokyo are digging into another business scandal. they arrested the former chairman of daio paper for taking out millions of dollars of personal l

used to be called armistice day. >> we still have armistice day in britain. >> i know you do. this place means a lot to me. we talk about the fact that everybody says we have all these difficulties now, all these troubled times. when i came here as a student in 1975 to graduate in the bicentennial class, our 200th anniversary in 1976, think what the world was like then. there was still a soviet union. china was emerging from the culture revolution. america passed through a difficult time. the vice president resigned in disgrace. and we had a post-vietnam period and we had the counterculture going on. martin luther king had been killed just a few years earlier. bobby kennedy had been killed just a few years earlier. people thought america was down and out. then we recaptured our spirit and the values that made this country great. i'd like to give credit to president gerald ford who came in and sort of stabilized us again, reminded us of who we were. a few years later the soviet union was gone. we were still here. >> do you see parallels between that period and what's happening now with america? do you feel

us in cannes. greece has to stand behind their own currency. no one else can do that, including britain. and the rest of the world, which includes britain and china and the like, have to make sure that the international economic system is stable and well funded, and that includes the i.m.f. that is going to be the subject of their discussion today. it might look all very technical, but what it is really about, is protecting the global economy, getting stability, and that will help create the growth in jobs in britain that we need to see. >> greece today, what do you hope for? what are your hopes for what will go on there today? what concerns do you have about the greek exit from the euro? >> well, look, in the end, people here can't determine what happens in athens. it has to be for the greek people and greek politicians. what we can do is make sure the world is prepared for any outcome from greece. we have to make sure that the euro zone picks up their responsibilities, as i have been saying, and stands behind their own currency and deals with any eventuality with respect to greece. but

post in america and britain and their military assets remain there i mean the one thing they can do for you and we know that britain and america would pull in america are prepared to use their economic and military power to try to restore economic position in the world in relation to china generations call me so i think what we're seeing here we know this from history economic instability often leads to military adventures often leads to wars and i think we must be worried at the moment the one thing i would say is if i was an american president i'd be worried about thinking about any attack on iran given the level of opposition to the economic policies we're seeing on the streets of oakland the streets of washington in new york and elsewhere with this of occupy movements. defense preparing to appeal after he was felt guilty in new york of agreeing to sell arms to terrorists and conspiring to kill americans the russian businessman could face life in jail he was arrested in thailand in two thousand and eight after a sting operation involving agents posing as members of colombia's group which the u.s. considers a terrorist group was eventually extradited to the u.s. des

around and come back to russia from canada us britain france germany and all the countries of the world that will be ten million reach educated cultured people coming back to russia they do hear the call their mother went they must heed the calling of their ancestors who lived in russia i know why i told them to return back to russia but if they don't want to fine is their private business everything should be voluntary and the decision should come straight from heart without any pressure no one will be forced to declare his nationality it should be a russian civilization a russian world it could be even simply them that could be a union of those who speak the russian language those who want to communicate in russian need to help each other. says let him there is enough he had of the liberal democrats spotlight will be. shortly after the great south stay with us. twenty years ago in the largest country. to serve to. teach many to teach began a journey. where did it take. rank and clean those. squandered money. abandoning. what is now. more than sixty square kilometers of the one move on the list nation and those who are still supervising new lives and finding are just th

and come back to russia from canada the us britain france germany and all the countries of the world that will be ten million reach educated cultured people coming back to russia they do here they call their mother that they must heed the calling of their ancestors who lived in russia i know why i told them to return back to russia but if they don't want to pine is their problem business everything should be voluntary and the decision should come straight from heart without any pressure no one will be forced to declare his nationality it should be a russian civilization a russian world it could be even simply a them. that could be a union of those who speak the russian language those who want to communicate in russian need to help each other that. says let emitters you know enough ski head of the liberal democrats spotlights will be back shortly after a great south stay with us. wealthy british scientists some time tirelessly. market trying to. find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into cars report on our keep. the faith. more news today violence is once again fled up t

and come back to russia from canada the us britain france germany and all the countries of the world that would be ten million reach educated cultured people coming back to russia they do hear the call their model it they must heed the calling of their ancestors who lived in russia i know i told them to return back to russia but if they don't want to is the proud business everything should be voluntary and the decision should come straight from heart without any pressure no one will be forced to declare his nationality it should be a russian civilization a russian world it could be even simpler them that could be a union of those who speak the russian language those who want to communicate in russian need to help each other. says let him it is your enough he had of the liberal democrats spotlight will be back shortly after the break so stay with us. wealthy british style. market. the global economy. headlines. welcome back to spotlight. just a reminder that my guest in the studio is. the head of the liberal democrats. who is it what mr zhirinovsky another campaign slogan of your party reads as follows liberal democrats for the poor but i think the last time it was the

to join in. we do not. we want to safeguard the interests of britain by making sure the single market works for us. >> is iteally in the best long-term interest of this country for the government to consistently present the united kingdom as the neighbor from hell in regard to the european union? the issues the european union wish to spend money on are the issues which his constituents and my citizens around the world wish to see spent on will he change his mind on this issue? >> the fact is, this government and the government she has supported has made and kept promises about things our constituents care about my development, like climate change. in terms of being a good neighbor, i have to say, one of the most and they're really ask you can take is when the whole world is looking at -- the un neighborly is to walk away and vote against it. summer public ashamed of, not only a good neighbor, but on a northern planet. >> -- but on another planet pretty >>, economist to tell me what -- offering subsidized loans to head off the crisis in the market? >> because i to the question the father of the house ask whi

to join in. we do not. we want to safeguard the interests of britain by making sure the single market works for us. >> is it really in the best long-term interest of this country for the government to consistently present the united kingdom as the neighbor from hell in regard to the european union? the issues the european union wish to spend money on are the issues which his constituents and my citizens around the world wish to see spent on will he change his mind on this issue? >> the fact is, this government and the government she has supported has made and kept promises about things our constituents care about my development, like climate change. in terms of being a good neighbor, i have to say, one of the most and they're really ask you can take is when the whole world is looking at -- the un neighborly is to walk away and vote against it. summer public ashamed of, not only a good neighbor, but on a northern planet. >> -- but on another planet pretty >>, economist to tell me what -- offering subsidized loans to head off the crisis in the market? >> because i to the question the father of the house ask w

to this day, the u.s. still has no diplomatic relations in iran. laura ingle is live with us. what do we know about whether the government might have been involved? >> relations between iran and britain has been strained for years and came to a dramatic head last week after britain's heightened sanctions on the iranian banking system following a report put out by the united nations nuclear agency on iran's nuclear weapons program. iran's parliament voting over the weekend to expel the british ambassador, which pushed the protesters into action. the british foreign secretary says the attack on its empassy won't be tolerated. >> we have made clear to the iranian government that they must take immediate steps to insure the safety of u.k. personnel, to insure the property taken from the embassy compound is returned, and to secure the compound with immediate effect. clearly there will be other further and serious consequences. >> we'll find out more tomorrow. the iranian foreign ministry put out a statement today saying it regrets the incident and committed to the safety of diplomats. >> shep: what's the word from american leaders tonight? >> u.s. has been working closely with the british

do you have. it is astonishing here in britain to see the way the case is being covered through organizations i used to work at the b.b.c. the guardian newspaper the guardian of course had a deal with wiki leaks the kinds of character assassination around the world by mainstream media trying to attack this and it just goes to show what a state journalism is in. new york where the london stock exchange protesters recently i don't suppose many of us mainstream journalists really understand what's going on over there i think one argument here is that the craft of journalism is in crisis julian assange should become some sort of overall professor of journalism and they should close all the university courses in journalism down because he really did teach a lot of people that it's about speaking truth to power and speaking for the power less and the idea of him being in court and now the idea of him being rendered for torture in a state that as we know has been carrying out rogue assassinations of its own citizens is is just pressed and he's saying all this is politically motivated but do you really beli

are very selective in the use of sanctions of course to do nothing about it pakistan is an unstable state with nuclear weapons and you know of course it has been an ally of britain america in inside that and i think people are asking what are britain america doing here they're marching to the drums of war once again claiming weapons of mass destruction we've heard these queens before some ten years ago in relation to iraq sanctions were used in iraq to soften up the country in preparation for a military strike i would be very worried about that and to be honest alliance of britain and america planning for and for an attack around britain as contingency plans to support an american based attack on iran is a frightening prospect. of any military action against iran could start a third world war that's the theory of former u.s. senator mike gravel you can watch his full interview later this hour and i'll print . this whole ginning up for war with iran very dangerous because iran is not syria not lebanon and iran is a proud nation and they have missile capabilities they won't have nuclear capabilities but they have missile capabilities that they can rain down on tel

to us poor brits they care about their manufacturing base and they have done extraordinary well in exporting high value cars, etcetera. >> charlie: that's really the key to it. how does the united states, how do britain, how do other people learn what they did to build a manufacturing base that could export things to other countries including china. >> now i think what we're looking at now is lessons from germany. germany crucially done layoff skilled labor after the crash. they kept on workers, they reduced the, they went to part time working. people laughed at them. they said this is not a flexible load. in fact, itçó was a very sensibe move. i think i say wedge discipline has been important and exploitation over a long period of time a growth market who have been in china, be in brazil and therefore benefiting from the change -- like to be the world's largest manufacturer of cars by the end of this year overtaking by toyota. >> charlie: by selling to the chinese market. >> exactly. >> charlie: is germany the second largest exporting company in the world and china being first. >> yes. >> charlie: it's amazing. >> yes. else very imperez i. >> charlie: how is merkel doing politically. >> not so good

us up to date now on that story we'll do what he wanted r.t. dot com here's what some lines here tonight just a couple of stories ago lined up crown and courage britain's prince william rescues two russian sailors after the ship sank in stormy seas off north wales we got pictures as well from the british navy there we go all that online also why you can poke fun at the monarchy in thailand a facebook judge can get your fat jail terms we reveal online if you like that story. next undressed and unafraid a series of provocative protests against the abuse of women's rights have been raising eyebrows across europe and now as election as jesse finds out these ukrainian activists have their sights set on new rises to. on a chilly morning in kiev half naked women in racing outfits drink champagne and chant slogans this is how the. and movement celebrated the resignation of silvio berlusconi several days prior to that the very same ladies were in rome voicing their support to the anti berlusconi protest even though at them until we had staged a lot of protests against berlusconi and his sexual adventures here and here we are really happy his political career ha

france or britain or germany kharif used to participate in to be steering it contain it would be doomed but in russia they're better off without debate because i think they know what they're doing yes they're better off why is the russian mentality different. can you imagine what it's like to hear all the parties criticize united russia for what they've done over the past ten years. not a single person would stand that this would straightaway make them look bad so i understand why they refused to take part in debates of world. all right you three all to get into this to do ninety thousand and three and two thousand and seven. what lessons have you learned and what makes you think this time will be different . with one lesson we learned was that we really have to monitor the voting process more closely prior to the day of vote curing the vote and especially the counting process on the night following the votes that is why we're joining efforts with other parties and coaching our monitors. cause we need to monitor everything more thoroughly and i will give you just one example i think it has become internationally known when not a single ballot was cast for the part of the pollin

useful. >> host: it could have happened. >> guest: they thought america had a tradition to starry person in that when britain was busy doing something in your eye. it couldn't be trusted. if you have two americans were three americans come you could never be sure. >> host: as you say, anti-british sentiment is a pretty common feature. >> host: as you say, anti-british sentiment is a pretty common feature. >> host: as you say, anti-british sentiment is a pretty common feature pulling a lion's tail or her once and you're a pretty common feature pulling the lion's tail around for once and you're running for office in great writ was a pretty good way to get some votes come especially with the irish came over here. stewart plays an interesting ruling of the period of the same port was of state. puc's seward as someone who is a luster and a little out of its elements can and making obvious that crazy schemes? or is there a method to his madness? is he trying to be so bellicose language that the british are nervous? he said we better not do anything or this crazy seward. looking back the hole for your work, do you see seward is r

on the surly true great britain round with twenty percent the united states around with forty percent so you've got choices there and then who's in the quad is it just to us or do you include china you get all different prices depending on those who are ok but there's a lot of questions to be asked here and you know suggesting that time will look into you and you certainly have our viewers thinking about what kind of return to gold standard would look like and someone from new zealand actually wrote to us michael swatch and he did some due diligence he looked at the bank of new zealand he doesn't believe that they have any gold we look at their balance sheet it doesn't appear that they do and so he writes that he's living in new zealand and i think i understand correctly the reserve bank of new zealand has no gold if this is true what would a return to gold standard mean to countries that have little or no gold in their central bank well again that would be something like britain was not britain would it was not the case that every currency in the world was anchored to gold the way bretton woods were and if your currency was anchored to the dollar and the dolla

given the importance of paul of this -- of the importance of this for britain, can he tell us what you plan to do in the coming days to get an agreement? the prime minister said, you cannot ask the imf or other countries to substitute for action the need to be taken within the euro zone itself. we agree with that position a sensible step of increasing resources should not be done to make up for inadequate euro zone action. the prime minister has said he would not support the direct use of imf resources to top off the european financial stability problems. can you allowed to imf resources being used indirectly in parallel to make up for insufficient of funding from the european central bank? there is no cap, no ceiling on imf resources. we believe it should be implemented if we can reach agreement in all the major financial centers. it was on the agenda, but no progress was made. i could not tell from the statement whether the prime minister really supported it. not supported in principle is not a ringing endorsement. the weeks before the summit negotiation had even started, the chancellor, castin

to pay. we can't do anything else. >> did that really happen? unbelievable after a six-hour standoff, passengers gave in and were allowed off the plane so they could use the atm. authorities in britaining to recoup the money and return it to the passengers. >> i wish i were kidding, that happened to me in college. >> no! >> we were flying to jamaica for spring break. and they said, let's do $20 a head for gas money. unsanctioned jamaicanç airline. it was a cheap flight. >> except for the $20 each. >> politico. >> the chief white house correspondent for "politico" mike allen with the playbook. >> good morning, sunshines. >> sunshine. >> that's your inside voice. that's off camera. >> we've got a good rick perry ad to show you here. speaking at the apec conference over the weekend, president obama said americans have been lazy over the past decade, and republican presidential candidate rick perry has been using that in an ad. >> we've been lazy over the past couple of decades. >> can you believe that? that's what the president thinks is wrong with america, that's pathetic. it's time to clean house in washington, time for a balanced budget amendment that forces washington to stop over

britain, and what has been a disaster for us as well. >> would you talk about education, about the key to the future of the country, if you do not have theghly-educated, highly-trained work force. there was no way we could succeed and be a knowledge- based global economy. he stressed to us that if you set standards here, people would perform beyond their own expectations. rodney, in your work at department of transportation, maybe this came from his time as governor. most people when they talk about infrastructure talk about a bridge or a road. president clinton sought it more as a broad approach. tell us about the approach he brought to infrastructure and how it helped the economy grow and create jobs. >> clearly, he saw it as more than concrete, asphalt, and steel, access to opportunities. he used images metaphorically all the time -- the bridge to the 24th century. one of the key challenges to us at d.o.t. was to come in line with the broader vision of transportation, so we would be talking about more than just concrete, asphalt, and steel. i think we were able to accomplish that by getting notes from you -- nos from you on a number o