tv [untitled] November 25, 2012 3:30pm-4:00pm EST
well coming up later this hour on the weekly money down the drain the news is that your principal bank you don't like control to see amid accusations the budget is spiraling out of control the only economy plus. it looks like it is a brit should brace themselves for a cold winter is rising energy bills make anything their homes all less and less affordable those stories coming up after the short break. russia's no family from civilization and history are one helicopter treat from the nearest village. they still one family have been living here for
a long time in tents rain dius canes. so victims. lodging runs in nine to signal and then it's they also grew up in the to draw but left it at the age of six and never returned they now live in the seat in apartment building that's tonight and their regions. china house want to know is a dancing teacher. was. still his den says he tells the stories about his motherland.
laws in europe to now has a one thousand strong rangy had when the any moment saw the light can and most around you it is gather that tends to know the potion they travel hundreds of kilometers in winter we men and children fall then. the two families have less of a chance to come across each other they belong to different worlds even though there's sometimes a similar. world coming to the. village the old fashioned but as the best and brightest take more it's gather in moscow some came to work while others case the place and get up
close and personal with devices that recreate masterpieces and scan russian treasures for insight in from space to keep us safe from oil spills and forest fires unleash your inner gadget geek as i see major search for the next big thing in the computer world. russia's old giants numerous good he's going to take the fight straight to their creditors. here on r.g.p. we've got the future covered. sigrid laboratory kirby was able to build the world's most sophisticated robot which on fortunately doesn't give a darn about anything tunes mission to teach creation why it should care about humans in the world this is why you should care only on the dot com. r.t. life here in moscow conceived as a big can of transparency and prosperity in
a sense attracted criticism as a symbol of bankers' greed millions have already been spent on the european central bank's new age queue in frankfurt but more of being poured in and the lazy a dragging the project down. went to rest again. at a time when many europeans are unable to pay their mortgages and are kicked out of their homes and spain's forced to approve a suspension of addictions after a woman killed herself in desperation the european central bank is preparing for a house warming party the european treasury's symbolic new building will be the tallest on frankford skyline when it's complete but so far it seems the projects faced skyhigh criticism first of all for its ten digit price tag. we think the project is to shoot an ugly we also e.c.b. to use its money more carefully something taxpayers intrusted to them. stephen meissner from germany is part of reason doesn't see any reason to spend that much
money on a piece of real estate but he says he sees a reasonable explanation of why the sky's the limit for the european union's economic monopoly they never run out of money it's they just come to me and the other taxpayers they go you have to pay more you're paying more if it more or maybe because it's e.c.b. the european central bank just print the money and while some may see an upside down logic here german m.p. mr scheffler explains it's more than just a piece of architecture. e.c.b. wants a palace a building to demonstrate his power through a million more million less makes no difference aim is to make a statement about its power and credibility but that's a notion that's taken a serious knock in recent times the seventeen nation euro zone's unemployment is at a record high brussels and seized on a stereo to measures which the government's cut spending and raise taxes increase
in peoples and as well as euro skepticism here it is future european central bank headquarters here in germany and the building was initially supposed to be a symbol of integrity and competence efficiency and transparency of the e.u. main financial institution but many now gloat that the project that has already far behind shadow and over budget may be sending a slightly different message online cynics have compared the bank's future premises with the biblical story of the tower of babel it was meant to reach up to heaven but ended up instead abandoned left as a symbol of hubris and conceit if you look at it it's considered i guess modern architecture sort of looks like sort of like it's been flat and squeezed and turn around and it looks like a medieval sort of collapse on itself so it's kind of maybe a fitting symbol i think it's very possible that the euro it solved the currency may not even be around by the time they finish the building the construction is due
for completion by twenty fourteen and it's already known that the president of the e.c.b. will have a room on the forty first floor some say he will not just see a breathtaking c.t. parama he'll also have a bird's eye view of the turbulent ups and downs of his own troubled empire the e.u. fated eurozone. refn option r.t. germany. now to some of today's news in brief this hour in our world update at least five people have reportedly been killed and more than seventy injured by a bomb attack in north west pakistan the blast went off in a shop on the route of a shia muslim procession the taliban has already claimed responsibility for the attack it's the second explosion to hit the district in less than twenty four hours taken the number killed over the weekend to thirteen today's blast comes despite a temporary up to mobile phone services which the authorities believe were being used to trigger remote devices. officials from the democratic republic of congo have held talks with rebels in uganda the group known as m twenty three seize
control of a key city in congo's east last week and threatening to overthrow the government the country is facing a growing humanitarian crisis really around five hundred thousand people displaced since the uprising began twenty three fighters accuse the government of failing to on of the terms of a two thousand and nine peace deal that incorporated them in the national army. and at least eleven people have been killed and dozens injured after two suicide bombers blew themselves up at a church inside a military base in northern nigeria no organization has claimed responsibility for the attack churches and security forces are frequently targeted by extremists fighting for an islamic state in nigeria which has a mixed christian and muslim population. for millions in the u.k. the cold winter may be more biting than ever soaring energy prices look set to drag people into what's been hailed as fuel poverty where the only way to stay warm is with an extra blanket here's a smith with the story. it's a bitter winter's day in london and inside this plot it's not much warmer single
mother of four julie has only one thing on her mind as the cold bites how is she going to pay her ever rising energy bill i decided to take few libel from the sealy and i only use one in my room is only my you just one trying to cut down. off the bill next time but in regard to bill. we spoke to julie last winter when she was already struggling and we've come back to see how she'll face this year's even bigger challenge five of the six big energy companies have announced price rises of around ten percent according to use which whose business it is to help people reduce their bills it will drive more into an increasingly common form of poverty poverty is where you spend more than ten percent of your net income on your energy bills and we've seen these recent price
increases pushed three hundred fourteen founts and people into fuel poverty that's on top of an estimated seven million people who already have one survey ahead of this winter found energy prices were the biggest concern for consumers ninety percent said the cost of energy was their main household worry ahead of rising costs for food petrol and mortgage payments julie shows me her energy bills carefully conserve to chart the inexorable rise since she moved in in two thousand and seven she's afraid that this winter her children's health will suffer again in the way that wind accomplice or his blanket his socks and just put it on the movie we call two thousand and ten and two thousand and eleven there were sick because. trying to be mean. while julie's children are getting sick the energy
companies are profiting british gas whose prices are up six percent is on track to make one point four billion pounds in profits this year and e.t.f. with the highest price rise of ten point eight percent announced profits of one point six billion in february where are you going to find the extra ten percent that's going to go in your bill for the world i don't know laura smith r.t. london. twenty minutes from now but meantime a separate is a gaining support across europe in britain it is no exception surely we talked to margaret thatcher's former economics minister about the trend.
rich is slow often enough and knows that to ride a horse you've got to catch it first. for him it's a daily routine that your soft as a horse breeder on the island of a horn at the heart of. his life on an isolated farm is about blue sky green grass and horses what sometimes it gets lonely here but horses have become part of me now i've fallen off so many times sometimes they bites as well it's part of my every day life. i holmes been home to it rats like me just laugh for centuries most still live off the land of cattle and fish every evening local villagers place their nets and in the morning the catch is always good. we always have enough here.
if by call is often called the pearl of siberia and horn is said to be the pearl of by. it's all end of fake forests. and vast staps. it's also a place of traditions respected by locals and travelers alike. an economist turned adventurer has crisscrossed by called shores and learned its customs well. you see pillars like this and thought to have supernatural powers every traveler who comes he asks. spirits to make the journey easier on them and give them strength and. virtually undiscovered by tourists until some twenty years ago quickly become a magnet for nature lovers and the real sick irish but those used to five star
pampering may be in for a surprise the island's infrastructure has yet to catch up with the growing demand you're quite some way from civilization here accommodation on the island is very basic so you can forget about a t.v. or even run in water for most people tend is the on the eruption but for those who come here it's exactly what they're looking for. you believe you you don't need to buy coal can be unique trip of a lifetime and the locals say once you've seen it you'll be coming back again and again.
it wasn't so you'll only go the euro skeptic was a form of insult something to be derided and sneered at but in the midst of a protracted euro crisis with no end in sight with the case with. the king increasingly. no one's laughing now we're joined by former conservative lord lawson right from the very start that the european project was in your words to fail so thank you very much for joining us why those words why. i was trying to warm my friends and colleagues. cross the european union not to go down this road because it was doomed to fail it was doomed to fail because you cannot have a currency. without a political. and you cannot have a political union in
a democracy and list the people of the country wish to move away from independent nation states towards a full political union united states of europe which is what the architects of danceable do i live fearful that people don't want to live believe nice they don't want it to be great majority of the people of your don't want this political union . and they're not likely to want it therefore the currency union can't work and therefore you should now buckle now at the beginning with the euro skeptics that very much lost their opinions last that why weren't those points that you were putting across at the time i think to add the time. there were a lot of people didn't understand what monetary union really meant what it would lead to what you know what was necessary if it was to be even halfway successful i don't think even with a political union there would be any economic benefit but at least you could sustain it with a full political union. going to happen i believe bill if you didn't understand
what the snouts were there were some people who are well it probably won't happen because this was a save some years before it was due to happen and people probably would happen and also there has been. for many years in throughout europe an igloo you need only kingdom of form of political correctness in which it was felt that anything which was european was a noble ideal and anybody who criticize it was desperately politically incorrect or appear as it was so to the public is put it with its basis in peace and democracy. if the public didn't know any better he did. i think the principal promoters of it knew that it was a gamble and in my judgment it was a grossly responsible gamble but they were gambling they wanted their objective and
they had been for a long time was a full political union united states of you and they thought that the room or service logic would of monetary would force the political union to arrive and that's what they wanted the reason why it was an irresponsible companies because as we see if in fact the peoples of europe don't want the going to get up and if you clean it then you have an economic disaster and that is what we have now but they of course one of the defects of the europeans the european movement you know by the european people european movement people moderate over the years has been a fundamental contempt for democracy. they believe they know better than republican large they were the main culprits well there were a number of the architect reluctant although i knew very well he was by. opposite
numbers finance french finance minister when i was johnson exactly here for a number of years. very. dedicated. who believed passionately he was. responsible for it the there were also other name parities i don't want to single out individuals particularly there are other imperatives which drove both different bonds different crew france and drove germany. and everything happens within the european union is always a matter of what france and germany they are the heart of the matter they are the great alliance maybe it's a marriage of convenience not of love but nevertheless it is that marriage which is the core of the european union the germans believed in europe passionately they. felt particularly the older generation it gradually
changing they felt enormous guilt. over the behavior of germany during the twentieth century the two world wars which germany was responsible for and therefore they thought we had germany was not trusted germany had to reinvent itself as not being germany you being europe that was the only way germany could exercise a political influence in a political power which was commensurate with its economic strength. so there was why germany wanted to be as it were not just a european it's not so much the case with the german people. it's the political dots and that is why the turn the germans have never put this thing to a referendum in germany because they know that the people aren't with them but the political class the leadership are all of that mind let's talk about the case position within the has there ever been a time when the sit as being so in question now there hasn't been i tell you why
because the nature of the european union is changing and it's changing in a way that we would never of joined it probably in the first place if it had been like that when we joined and it is having been an organization which was something which we can happily live with it is now moving towards. a different kind of organization which we would not want to be part of we would have good relations with friendly relations and trade with the rest but not be part of it if you like it so maybe past its sell by date we say past its sell by date so all we know likely to be a referendum in the near future i think it's quite likely it's not up to me obviously it's up to the government but i think it is quite likely and the question is really what the terms of the river of them will be what the thing is tense today well if it look as if the terms of the referendum if it comes in
we shall see but what it looks is being is a referendum. some way to empower the government to insist on hay repatriation of a number of powers away from the european union back to the member states if they wish them and the united kingdom in particular does wish them to have be repaired tree and the problem is of course that you have your referendum and the referendum. would. undoubtedly be one. but then what happens you cause you that's not binding on the european union you say there's a referendum saying the powers must be repatriated back from the center to from brussels to london to simplified language but what happens when the european use a lower story we don't do that it would be that the others were then wanted needed to lead to a dismantling of the european dream and we don't want to do it so then where so
doesn't solve the problem and i think there will come a time when there needs to be a referendum on the basic question of do we remain in the european union or do we sighed and say then negotiate of an amicable relationship with the european you bought from outside well david cameron being. dismantled. well you don't going to be what david cameron was doing if he does do it in we shall see is not dismantling the you mean he will presumably continue with the other members we should do but it will be a different relationship between the united kingdom and he will be one not one of membership one of some kind of association why now have we seen such. an influx the public when it comes to the i think. the public feel that
there are whole lot of petty restrictions which come to us from europe or european law which we can't change which we have to go along with even though we ourselves don't agree with them and they don't like that the they don't like the they feel the public feel also that the decisions of british judges are actually better decisions than the decisions of the european court and yet we have to be subordinated to the european court and also i think that they can see although we are not of course part of the euro zone we're not thank god thank goodness we had the good sense to keep out of this into currency but nevertheless they can see that the single currency is a mess the europe the european economy is a mess and therefore it is not particularly inspirational so. it's a lot that at the beginning you know vindicated that
a lot of what you were warning about his counterpart i've always found a position. on europe extremely comfortable. for a different reason. than the debates in the house of commons your in my time there and this is continue to some extent have been extremely polarized there have been the euro fanatics who think the europe can do no wrong anything is european must be better than anything this national and then they'll be a whole group of xenophon who hate foreigners who hate europe and think it's the work of the devil and the. they they both speak with loud voices both those groups over people in the middle like myself who are in no way hostile to europe as i said i live half the time in france and i voice. enjoyed the company of that many european friends
people and a who's who look at the thing objectively and say what makes sense what is makes economic and political sense both the united kingdom and indeed for europe when i tried to persuade the european countries not to go and i was transferred not to go down the route of monetary it wasn't because i thought it would suck britain to draw another g. and i knew perfectly well that we would never join i was trying to prevent my european friends from making this big mistake for their own sakes they find come back to reality and i think it's time to come back to reality yes and to learn the lessons of the us and thank you very much for joining us. oh and yes the great russian laureates. prevailing over hazards and
market. find out what's really happening to the global economy. stronger for a no holds barred look at the global financial headlines to conjure reports. of a war. we have. groups. called. all . right you know. what. it wasn't. when i was. you can. certainly do it through the barrel of a holy day of social change you can be the afghans themselves