itself for western europe especially we're talking about rogue states they're all outside of europe russia has been proposing to do a joint's missile defense will be based what's down to the south. of there by john turkey now if you have missile defense over europe you know what happens you intercept the mist over europe during the injuring a densely populated continent for some reasons which are not being made clear to anybody so this has a double or triple danger what's going on right now. so our brain is our here in our t.v. justice in the dark while the fate of market office culture at sun remains unclear we reported why saif al islam isn't being extradited today amid fears he may never receive a fair trial. thousands of egyptians are continuing to occupy talking your square after days of unrest advancing the country's military rulers resign immediately protesters have been battling with security forces in the longest outbreak of violence since february surprising. reports from cairo looking around that city seems as if people have chosen to remain here overnight ended in the pr

and baring their anger to the world a group of you crazy and women make the show across europe in a series of naked protests against the abuse of women's rights. in business starts here as european the recession fears continue to dominate the markets commodities are heading higher with the telling business that gold could reach two thousand dollars next year and twenty. two and welcome to r.t. your source of world news twenty four hours a day monday will see egypt taking a first step of a long parliamentary election which will last in stages until march the current leadership portrays it as a climax in the saga of national resistance and a solution to the crisis sentiment on the streets is quite the opposite but there's a growing skepticism on the vote democratic parties in the snow reports. we're told some adoptions are bracing for the worst medics are lined up and security is tight for egypt's first parliamentary election since the revolution the country's only female candidate for the presidency expects the vote to be void due to from want but sends this message to the supreme council o

are the implications of that for gazprom and europe as. regulator e permission is not the issue that the e.u. germany and the rest of the e.u. nations need gas to sensibly reform their energy policy to get russia on the other hand has to sell gas to keep its budget in order so there's a. co-dependency which is a good thing now to be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy is good for marc rich or what do you think of the recent interview raids on gazprom and its partners in europe think about the or p.r. guys i think europeans need gas gas has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is one of the you know better than anyone else for instance that britain recently switched from export to implode europe needs a gas supply to maintain a stable mix of energy sources that it's climatic conditions require and it needs norway to gaslight but also russia's gas and therefore

what are the implications of that for gas and europe. regulator is not the issue the e.u. germany and the rest of the nations need gas to sensibly reform their energy policy with russia on the other hand has to sell gas to keep its budget in order so there's a. co-dependency is a good thing i would be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy is a good fresh marketer what do you think of the recent new raids on gazprom and its partners in europe think about the or p.r. guys i think europeans need gas field as has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is one of them you know better than anyone else for instance that written recently switched from export to imperial power europe needs a gas supply to maintain a stable mix of energy sources and it's climatic conditions require them to get its norway together side but also russia's gas and therefore i think opening th

both want a strong europe because they want to sell their goods to europe europe's a larger export market for china than the united states is so if china in the u.s. want to strong euro you're going to get a strong euro germany's on board with that so that really explains that cannot you but i think end of the day not everyone can win a currency war unless. you go to gold gold is the one thing where everybody can devalue it once again score they can't devalue against each other but they can devalue against growth so that's where these things end up but there's a joker in the deck max the joker is the s.t.r. i know it makes people's head hurt but it's a special drawing right the easiest way of thinking we have this is the i.m.f. printing press the fed has a printing press they crank out dollars the c.b. has a printing press they crank out euro's and known to very few people the i.m.f. has a printing press and they crank out s.t.r. so i see the entire international monetary system as a foot race between s.t. r.'s and gold because those are the only things left i want to repeat that point be

step by step that's does not mean less europe it needs more europe something she just said at the annual conference of her political party but contraire said my guest nigel for raj he is a european member of parliament to call him a euro skeptic is to put it lightly he is talking about a year ago and all this in parliament i want to play a little bit of what he said increasingly people are saying we don't want the flag we don't. we don't want this political class we want the whole thing consigned to the dustbin of history. i spoke to him today and i asked him for us to go to the dustbin of history because europe before the e.u. saw centuries of conflict and war and famine the e.u. was the first real attent to unify the continent through diplomacy instead of war so i asked him is there nothing that should be salvaged of the last sixty years of integration here's what he said. well don't forget that communism was supposed to make a lot of ordinary people better and in soviet russia it made increasingly worse and the european union was based on the fact that france and germany foresee each

europe. is a new kind of religion. it is run by people who pay far lower taxes than anyone else in europe and have their children educated chargin a surplus of about forty private schools from brussels and a european parliament would most the members of paid about three or four times not money as they would have run in any other problem your i love to do in life and the system is essentially corrupt and his unchangeable therefore i'm from the party which believes in two things one is finding people the truth. and sticking with it when we achieve office would have been true will because the public our ups absolutely fed up to the back to get with his mainstream publications. happiness hopes and promise illness and delivering absolutely nothing but the opposite david cameron has said they will be a referendum on inspiration in the e.u. he wants three patrick powers the britain cannot believe him the engine or think he treats his word well he's already lied once with friends over promising a referendum. after the election

what europe needs is a savior. china has the cash but chinese businesses are not sure that they want to. >> the station goes on the air. >> a milestone in media history, 75 years after the bbc launched regular television broadcasts, we take you back to the studios where it all began. welcome to our viewers on pbs in america and around the globe. the location is lovely, the atmosphere is terrible. the g 20 leaders gathered in cannes to deal with the crisis. greece's surprise decision to put its bailout on referendum has shaken the market an inferior raided the european leaders. angela merkel said that the rescue package is not up for renegotiation. >> some of the world's most powerful leaders and officials arrived ahead of the g-20 summit but hanging over the meeting, the latest crisis in the eurozone. >> we are going to do a little bit of business. >> the french president was playing host and found himself waiting for 10 minutes for the chinese president. on his mind was the decision by the greeks to call a referen

itself for western europe especially we're talking about rogue states they're all outside of europe russia has been proposing to do or joints missile defense will be based much down to the south would say iran has the right job turkey now if you have missile defense over europe you know what happens you intercept the missile over europe you're in danger in a densely populated continent for some reasons which are not being made clear to anybody so this has a double or triple danger what's going on right now. now for its part washington says it won't alter its plans to deploy a nato missile defense system in eastern europe the white house insists that the shield isn't meant to be a strategic deterrent to russia and she's going to check out has the details. the u.s. is not planning on making any changes to its missile defense system in europe we heard this from national security council spokesman tommy vietor he said we will continue to work with russia to define the parameters of possible cooperation however in pursuing this cooperation we will not in any way limit or change our deplo

let's get back to europe, though. for years there's been talk of a two-speed europe and for years policymakers have completely dismissed the idea that some countries could be more integrated into the eu structure than others. earlier this week, the french president nicolas sarkozy came out and said that the euro zone will become a two-tier club. to look at what that might mean, we go to john defterios who has been following the events very closely. the two-speed, two-tier europe or a two-tier euro zone. let's put this into perspective. >> reporter: yes, in fact he raised a lot of eyebrows with these comments at the university of straussburg. you know the story going back to the creation of the single market and the ec-1992 project. back then you had the original architects discussing greater integration and a federalism. these comments by president sarkozy brought back memories of that discussion. he said it's strange to create the euro without proper governance. when they brought greece into the eu system, some were

delivered directly to western europe bypassing troublesome transit. is expanding operations in both europe and asia now. parkland just south. of the black sea a few projects are underway in just five fields this. is gazprom to becoming a real monopolist and israel should be used as a political tool. once fully operational. twenty six million europeans who was russian gas it's a. running through transit countries the. billion dollars and has been. from the very beginning critics say it's not only super expensive but also. as the. europeans feel. that's the telo and thank you for coming to our program hello first of all let me congratulate you on a big event the note stream pipeline has finally been completed and officially launched. the leaders of russia and germany and the prime ministers of france and the netherlands have given the long ceremony does this mean and then through a period of hard work promotion and litigation for gas problems or does it mark the beginning of a new phase of struggles in this direction in. which of course this is a very s

europe is very strong very big markets in europe we're talking about five hundred million people there is a strong degree of cohesion across the twenty seven member states of the of the european union. there are there are measures that have to be taken there are decisions that have to be made there are reforms that are have to be pursued collectively in the european union and in individual member states as far as our lives is concerned we are taking those reform measures we are pressing ahead with the things that need to be done we are convinced we will be the first european country that will come out of this recession come out of the programs that we are in with the i.m.f. and the state and the e.c.b. and as an individual country and europe as a whole will come out of this period. as i read the economic reports i get the impression that you're oh this isn't have another choice has to compete with the dollar i mean they they they have to. challenge the dollar and this is the problem this is the need this is what causes the problems of europe and it's trying to compete with the dollar i

or western europe especially we're talking about rogue states they're all outside of europe russia has been proposing to do or joints missile defense will be based much down to the south as there are by john turkey now if you have missile defense over europe you know what happens you intercept the mist over europe you're going to have fukushima in the in the skies of europe this is something that's not only unnecessary but it's no thing that's dangerous i mean you're endangering a densely populated continent for some reasons which are not being made clear to anybody so this has a double or triple danger of what's going on right now but then again as you said no no legal guarantees are being offered but another concern of course is the threat from inventive as we've heard is that they could be russian skandha missiles directed towards europe as a response to this is that really a cause for concern for europe should the e.u. be concerned about this. well you know once again of course because now there are no missiles being targeted at any of any targets in europe in a year or two you may

and so far europe hasn't shown that. >> susie: now you've just come back from europe. i know you have been in france and in germany and speaking with some of the principleses there. do you think europe will do the right thing and solve this mess as you future? >> i think eventually they will. i think the realization is growing, that they have a major crisis on their hands. so i think they will get to the right answer but it's to the going to be immediately. it's going to be a very bumpy kproo process. there will be collateral damage an unintended consequences. so we've got to navigate that as a society. we've got to be generally defensive and cautious because it will take time for europe to sort itself out. >> let's talk a little bit about the situation in the u.s. economy and today's jobs report. what was your take on that, those october numbers? >> consistent with what you said in the beginning. modest growth but not enough to get us out of unemployment crisis. so think of the concept of speed, a plane t needs to go fast enough. not just it needs to go fast but it ne

europe is less competitive. >> you know what, that's the big problem for europe right now. i'm going to get hate mail for saying this, europeans are lazy and asians are eating their lunch. >> i would like to push back against stephen's analysis. >> okay. >> actually, germany, which has very generous entitlement programs is incredibly productive, a much more successful exporter than the u.s. actually much more successful export economy than china. >> we'll see. >> sweden, another country which has very generous entitlements is not suffering a crisis. the countries in europe which have slashed their government spending, drastically, countries like ireland, actually have not have the markets say hurrah -- the markets have said they're chilling your economy. hang on. the final point. the real crisis is not at moment a structural one. it is that countries are issuing debt in a currency they don't control. if you control the printing press -- >> i don't agree with that. >> you're never going to have a sovereign debt crisis. >> this is an interesting -- >> it's the fact that they

when europe sneezes, the u.s. can catch cold so you're seethe whole risk-off disprad that impacts the capital markets, the stock market, the pace of investment by corporations and consumers, so you really have a loss of confidence, a domino effect glowm contend that the financial crisis hasn't changed a thing. we did see a financial firm go bust in recent weeks, m.f. glocialg eighth largest bankruptcy in u.s. history. the market absorbed it. hasn't the market gotten used to this risk? >> you're right, m.f. global, taxpayer money wasn't used. failure is part of capitalism. that part is fine. but just like i read about-- write about in "exile on"" you can considerv many eyes on the market providing checks and boston polices on the system and a lot ofize the market didn't do the job just like they didn't do the job over the last decade, whether accountantes, regulating agencies and others. i would like markets to do their jobs, and markets still aren't doing their jobs. the conclusion of m.f. global and the conclusio

europe. europe. the. european. thank you for coming to our program hello first of all let me congratulate you on the big event stream pipeline has finally been completed and officially launched. the leaders of russia and germany and the prime ministers of france and the netherlands. germany does this mean an end to a period of hard work promotion and litigation for gas problem or does it mark the beginning of a new phase of struggle in this direction in. which of course this is a very significant event and an important landmark in gas problems operations in europe because today we have greatly improved reliability of supplies of russian gas to european consumers. we now have a third gas transportation channel that will not only help us to avoid crisis situations linked to gas transit through third countries. but it will also substantially improve our technological and technical capacity is and will make us more flexible in reacting to the needs russian gas consumers in europe but the. mystical prion of first far as

debt crisis mr sarkozy says no euro no europe surely europe with a point without the euro so that there's an a and a formal english is a quote from my successor in office which of course europe's going to have problems if the euro has dropped. but there's one thing you can be sure of i think the euro is going to survive as a common currency there even it theoretically things turn out differently which is very very important we will still have a united europe which is vital and or pluggable you would child slow when greece cooked its books to join the euro should you have stopped athens from joining the single car company. on those it was your environment i do not think that was our situation of the european commission its employees that had to conduct an inspections they had let us know that we could take the responsibility for greece is a session on ourselves and it was a purely preparing for a mission conducted by the european commission the national governments if we had made the decision to take greece in we could not claim without having the firm proof that the information we got the

europe all the is a new kind of religion. it is run by people who pay follow taxes than anyone else in europe and have their children educated charger in a circle everyone forty in private schools from brussels and the european parliament would most the members of paid about three or four times as much money as they would ever own in any other trouble your i might have to do in life and the system is essential to corrupt and it is unchangeable therefore i've drawn a party which believes in two things one is telling people the truth and sticking with it when we achieve office would eventually we will because the public are upset absolutely fed up to the back teeth with mainstream politicians thing. happen is hopes and promises and delivering absolutely nothing but the opposite the bailout has been a green with the extra firepower in the banks agreeing to heart of greece's debt is this really the shot the needs or is it just another band aid that's about it. it's a band-aid because the real numbers three trillion maybe four tri

europe. is a new kind of religion. it is run by people who pay follow taxes than anyone else in europe and have their children educated creative child in a surplus of about fourteen private schools from brussels and the european parliament would most the members of paid about three or four times as much money as they would have run in any other trouble your i might have to do in life and the system is essentially corrupt and his unchangeable therefore i'm drawn to politics which believes in two things one is telling people the truth and sticking with it when we achieve office which eventually we will because the public our ups absolutely fed up to the back teeth with mainstream politicians. happen is hopes and promises and delivering absolutely nothing but the opposite david cameron has said that they will be a referendum on on prince position in the e.u. he wants three patrick powers to britain don't believe him then general think he treats his word well he's already lied once which was over promising a referendum. af

europe. has a political. one. the . europeans feel. thank you for coming to our program hello first of all let me congratulate you on a big event the note stream pipeline has finally been completed and officially launched. the leaders of russia and germany and the prime ministers of france and the netherlands have given the long ceremony does this mean and then to a period of hard work promotion and litigation for gas problem or does it mark the beginning of a new phase of struggles in this direction in. which of course this is a very significant event and an important landmark in gas problems operations in europe because today we have greatly improved reliability of supplies of russian gas to european consumers. we now have a third gas transportation channel that will not only help us to avoid crisis situations linked to gas transit through third countries. but it will also substantially improve our technological and technical capacity is and will make us more flexible in reacting to the needs russian gas consumers in europe but the.

yes i am confident i mean europe europe is very strong very big markets in europe we're talking about five hundred million people there is a strong degree of cohesion across the twenty seven member states of the of the european union. there are there are measures that have to be taken there are decisions that have to be made there are reforms that are have to be pursued collectively in the european union and in individual member states as far as our lives is concerned we are take. those reform measures we are pressing ahead with the things that need to be done we are convinced we will be the first european country that will come out of this recession come out of the programs that we are in with the i.m.f. and the the. us as an individual country and europe as a whole will come out of this period. as i read the economic reports i get the impression that you're oh this and have another choice has to compete with the dollar i mean they they have to challenge the dollar and this is the problem this is the way this is what causes the problems of europe and it's trying to compete with the d

energy security for europe even through this year's euro crisis consumption of the e.u. has gone up for the very first time the direct link from russia to the e.u. will be only interrupted from from russia to europe without interruption from states like the ukraine and transit states which in the poles have home the energy relations between those two countries it's a europe wide project you've got a fridge participation shareholders in nordstrom also germans and that will guarantee for at least the next fifty years the lifespan of this project just for millions of homes it fills a shortfall of projected hundred million homes by twenty thirty does need more gas natural gas is expected to be the fastest rising force is going clean energy source form for europe from the gas will go on through point lines to the rest of europe and to countries like the u.k. as well it should also mean cheaper gas for people in europe because it won't be interrupted by transit states to take transit fees like ukraine and belarus right and of course are waiting for that flick of the switch or

europe we is a new kind of religion. it is run by people who pay follow taxes than anyone else in europe and have their children educated creative charging a surplus of about fourteen private schools from brussels and a european parliament would most the members of paid about three or four times as much money as they would ever under any other trouble you or i might have to do in life and the system is essential to corrupt and his unchangeable therefore i'm drawn to politics which believes in two things one is telling people the truth and sticking with it when we achieve office would eventually we will because the public are upset absolutely fed up to the back teeth with mainstream politicians seeing. happen is hopes and promises and delivering absolutely nothing but the opposite david cameron has said that they will be a referendum on on prince position in the e.u. and he wants three pentrate powers to britain don't believe him and you know think he treats his word well he's already lied once which was over promising a

are the implications of that for gazprom and europe. regulator reprovision is not the issue that the e.u. germany and the rest of the e.u. nations need gas to sensibly reform their energy policy with russia on the other hand has to sell gas to keep its budget in order so there's a codependency which is a good thing i would be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy is good for truck what do you think of the recent new raids on gazprom and its partners in europe think about the or gas i think europeans need gas gas has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is one of these you know better than anyone else for instance that britain recently switched from export to india old europe needs a gas supply to maintain a stable mix of energy sources that it's climatic conditions require and it needs norway's gas price but also russia's gas and therefore i think opening th

inside the europe. we see a very contradictory headed you the shale gas you know you were speaking about russian. for example germany france the nuance in this country. is the future reality if you will always see that now the main driver of shale gas production in europe is paul about who was. in those three ball and if we try to analyze the real situation the sale goes of course we still have could we see conference suspicious presentations but no business. so you can compare notes through showgirls production in europe where you will understand that north rim is a reality show this is to a dream. let's take a look at how the market's not performing oil is trading near the highest level in three months lights which is currently trading at around nine to six dollars per barrel while brant is at one hundred fifteen dollars. and u.s. stocks have open time but quickly slipped into red as italian prime minister won a budget both without an absolute majority and the european central bank council members set

from europe into the u.k. then the other way around we have a very about the industry here we've got a fantastic car industry and if the toy truck saw through the roof people respond switching straight out a mercedes benz b.m.w. or whatever i'm buying jagger's discoveries range rovers and it sounds you name it toyotas. garbett so i think this is this is so that it's a sort of rather pathetic threat could children strictly manufactured by a combination of the liberal party with you see you on the grounds of neither of those two groups have any experience of the real world the bailout that has been a green with the extra firepower and the banks agreeing to have greece's debt is this really the shot that he needs or is it just another band-aid that's about it. and so abound because the real numbers so three trillion maybe four crewmen and secondly the markets are looking for detail and there is no detail there never has been any detail there was no detail in july there was no detail last year and there will be no

europe. is a new kind of religion. it is run by people who pay follow taxes than anyone else in europe and have their children educated creative child in a circle of about fourteen private schools from brussels and the european parliament would most the members of paid about three or four times as much money as they would have run in any other trouble your i might have to do in life and the system is essential to corrupt and his unchangeable therefore i'm drawn to politics which believes in two things one is telling people the truth and sticking with it when we achieve office would eventually we will because the public are ups absolutely fed up to the back teeth with mainstream politicians thing. happened is hopes and promises and delivering absolutely nothing but the opposite david cameron has said they will be a referendum on on principle in the e.u. and he wants three patrick powers to britain don't believe him then i think he treats his word well he's already lied once which was over promising a referendum. to the

expanding operations in both europe asia south. auckland the south is to be built in the black sea a few projects are underway in the far east all this makes us think is gazprom up to becoming a real monopolist and is going to use its gas as a political to. once fully operational the north stream pipeline twenty six million europeans who was rushing. it save. running through transit countries in the north three. billion dollars and. critics say these super expensive. europeans feel the. that's the telo and thank you for coming to our program hello first of all let me congratulate you on the big event stream pipeline has finally been completed and officially launched. the leaders of russia and germany and the prime ministers of france and the netherlands have given the long ceremony does this mean and then through a period of hard work promotion and litigation for gas problems or does it all good beginning of a new phase of struggles in this direction in the trial. which of course this is a very significant event. landmark in gas pr

point by making a scene the ukrainian women whose topless protests against women's abuse at home and in europe set to go global. it's five pm in moscow i met good to have you with us here on r t our top story egyptians are voting in the first step of a long parliamentary election which will happen in stages up until march is follows a week of violence that returned to the cities with more than forty people killed in protests against the military regime archies an isa now a has more from cairo. this is just the first round of these parliamentary elections in fact you don't actually have a parliament set up if the vote is considered valid until march sometime and then the presidential elections only happening in twenty thirteen with that said the atmosphere is tense it's very festive at the same time a lot of people voting for the first time in their lives from young to old release there is excitement about this this vote some people see it as the first step in egypt's road to so-called democracy but no people have forgotten what we saw unfold here over the past couple of weeks the very vicious

continues to deploy its missile defense shield in europe. and the response to the russian skandia missile hours deployed on its borders from east to west i'll have more details from the kremlin in just a moment. thousands vent their anger at egypt's military rulers with protest as they go to the heart of car on tahrir square saying all these concessions are not enough. protests to say be happy handedness of the army reminds them of the dark days of what's mean nobody more from egypt in just a few moments. the euro is in mortal danger of brussels warns tougher economic governance is the only way out of the crisis of moneybag germany says every country should look after themselves. and business foreign direct investment on the rise but analysts say russia still remains one of the least attractive investment destinations among developing economies joining for a full business bulletin i think in an. international news a comment live from moscow twenty four hours a day russia may pull out of the start treaty and stop nuclear disarmament if the u.

but in this case, too bs they're talking about this idea that europe has to be ready to support europe and that was the message that the president was trying to bring. international monetary fund will be ready and willing to do that. so there's some time here, but there's also great concern, as jim was mentioning, about italy. italy has asked, voluntarily asked, for the i.m.f. to supervisor its recovery from its debt burdens, hoping to try to keep some confidence building in europe. also, we heard this week the european central bank said that atlantis a very good chance of a mild recession appearing in europe by the end of this year. the united states looks like it's averted a double dip, but that's not good news, since europe is our largest trading partner. gwen: since the debate is all about austerity on both sides of the popped, we're tacking about cutting back -- pond, we're talking about cutting back and growth. is there a middle ground here through this, or is this argument also -- this political argument we're having about austerity, is it also slowing us down? >> certainly in t

into a europe in asian african nation it would mean the end of europe and it would mean an end to the european idea of peace and social ideals. for all sorts of put it the president of france has banned the muslim phrase fill the burka with you become president of austria would you go further critical incipit office work at articles as i would strongly support a ban of disclosing a person's appearance but that i first to mean the full covering of her face it's not about certain people and the fact that people should not hide their face and that you could see and recognize everyone in our society and i also would like to explain a legislation like this one in effect and turkey for so many years yet to be precise in public schools including universities and civil service in other words for the officials there is a more creativity more wearing the headscarf because it's not needed in such places and everyone is free to do whatever one wants in their own leisure trial but people arriving to our culture have to integrate adapt to our conditions and observe our laws and we expect it from pe

with this crisis mr sarkozy says no euro no europe surely europe worth of oil without the euro so that there's i know i know from a little quote my successor in office for example of course europe's going to have problems if the euro has problems but there's one thing you can be sure of the euro is going to survive as a common currency even it theoretically things turn out differently which i find very improbable we will still have a united europe it is programmable you would chancellor when greece cooked its books to join the euro should you have stopped athens from joining the single currency. on the. i do not think that was our situation of the european commission it's employees that had to conduct an inspections they had let us know that we could take the responsibility for greece's e.u. a session on ourselves but it was a purely preparatory mission conducted by the european commission on the national government we had made the decision to take greece in we cannot claim without having firm proof that the information we got then was diplomatically speaking not entirely correct very.

yes i am confident i mean europe europe is very strong a very big market in europe we're talking about five hundred million people there is a strong degree of cohesion across the twenty seven member states of the of the european union. there are there are measures that have to be taken there are decisions that have to be made there are reforms that are have to be perceived collectively in the european union and in individual member states as far as our lives is concerned we are taking those reform measures we are pressing ahead with the things that need to be told we are convinced we will be the first european country that will come out of this recession come out of the programs that we are in with the i.m.f. and the u.s. the and the e.c.b. and that as an individual country and europe as a whole will come out of the spear. he. stressed that as i read the economic reports i give an impression that you're oh this in have another choice is to compete with the other i mean they they have to challenge the dollar and this is the problem this is the need this is what causes the problems of eu

yes i am confident i mean europe europe is very strong a very big market in europe we're talking about five hundred million people there is a strong degree of cohesion across the twenty seven member states of the of the european union. there are there are measures that have to be taken there are decisions that have to be made there are reforms that are have to be pursued collectively in the european union and in individual member states as far as our lives is concerned we are taking those reform measures we are pressing ahead with the things that need to be done we are convinced we will be the first european country that will come out of this recession come out of the programs that we are in with the i.m.f. and the un and the. and as an individual country and europe as a whole will come out of this pier. as i read the economic reports i get the impression that you owe this and have another choice as to compete with the dollar i mean they they have to challenge the dollar and this is the problem this is the need this is what causes the problems of europe and it's trying to to to compete

taxpayer bail-out of europe." the fed is acting to restore liquidity now the same way it did in the depth of the u.s. financial crisis in 2008 and 2009. the breadth of the action was uncovered when a foi request revealed the fed made $7 trillion in short-term loans to banks in the u.s. representative baucus troubled by the secrecy, but not by the actions. >> i'm not concerned with the large amount of money. it was a big crisis. it required decisive action. >> some were puzzled by the stock market reaction, saying the fed's announcement was a crisis could be coming. one fed analyst likened it to hurricane market. that they looked at it as a sandbag rather than focusing on the storm, itself. >> bret: thank you. workers in the u.s. increased productivity by 2.3% from july to october. that is the most in a year-and-a-half. the number of people signing contracts to buy homes was up 10.4% in october. that is highest in a year. president obama is speaking to fundraisers scheduled for this evening. many of the well-healed

from europe into the u.k. so the other way around we have a very viable industry here we've got we've got a fantastic car industry and if the torch lotsof through the roof people refuse switching straight out a mercedes benz b.m.w. or whatever i'm buying jagger's discoveries range rovers and the sounds you name it toyotas made in darby so i think this is look this is. it's a sort of rather pathetic threat the truth expect remanufactured by a combination of the liberal party and the people you see on the grounds that neither of those two groups have any experience of the real world the bail out has just been a green with the extra five pounds in the banks agreeing to hearth greece's debt is this really the shot the needs or is it just another band-aid that's about it. and so a band-aid because the real numbers so three korean maybe four trillion and secondly . the markets are looking for detail and there is new detail that never has been any detail there was no detail in july it was no details here and there wi

is expanding operations in both europe and asia now. one part of the south is to be built in the black sea a few other projects are underway in the far east all this. is gazprom up to becoming a real monopolist and is russia going to use its gas as a political tool. once fully operational the north stream pipeline will supply twenty six million european who was russian guess it's a pricing dispute. running through transit countries the. billion dollars and has been hotly contested from the very beginning critics say it's not only super expensive but also politically motivated as the dependency on russian gas is. europeans feel the kremlin needs bountiful supplies as a strategic weapon. and thank you for coming to our program hello first of all let me congratulate you on a big event stream pipeline has finally been completed and officially launched. the leaders of russia and germany and the prime ministers of france and the netherlands have given the long ceremony does this mean and then to a period of hard work promotion and litigation

with this huge debt crisis mr sarkozy says no euro no europe surely europe will survive without the euro so that there's and i know for more this is a quote my successor in office likes to use of course europe is going to have problems if the euro has problems but there's one thing you can be sure of the euro is going to survive as a common currency even if erotically things turn out differently which i find very improbable youth we will still have a united europe it is right in or prague you would chancellor when greece cooked its books to join the euro should you have stopped athens from joining the single currency club nicholas on the as it towards your own via i do not think that was our situation of the european commission its employees that had to conduct an inspections they had let us know that we could take the responsibility for greece's e.u. a session on ourselves because it was a purely preparatory mission conducted by the european commission the national governments we had made the decision to take greece in we could not claim without having firm proof that the information we

peace allies in europe. when you serve the german chancellor there was no question of receiving financial aid from china or russia directly or indirectly through the i.m.f. do you regret that's happening potentially and what would be the implications if think it doesn't do not think we should feel bad about other nations get out stronger be they russians chinese brazilians south africans or indians are no it should not concern us because these countries offer us more opportunity to export our products as they develop a vague. but that's only the case if we stay better stay more innovative when we fulfill our agenda of twenty china and sort out our social policies and germany is the only country that understood back in two thousand and three that for an aging country to maintain prosperity as it must provide for chain of thinking i wonder if the rest of the e.u. states having understood this a decade later we'll manage to take the action needed to maintain prosperity eyes on the other hand we have an understa

. >> without the help of europe, it would be very difficult for greece. >> already, europe is losing confidence in greece possibility to deal with the crisis. this is the epicenter of the financial uncertainty. in order for this to work out, europe stands very little chance of being able to contain the crisis. the political turbulence here is affecting other hon. economies, especially italy. in the cafes here, you find little belief that the current politicians can get them out of this mess. >> maybe things need to get so dark before a leader comes and makes a change. >> once again, there is a demonstration. anchor outside the parliament and inside, even for members of the prime minister's own party. >> we have been asked to vote in favor of the government but everyone knows that you can trust the people of greece. >> the next few hours will determine much, the future of the prime minister, the future of his country, and to a large extent, the future of europe. >> matthew prices live for us and athens. with all of the drama, i am a little confused. what is being decided right now. >>

into europe in asian african nation it would mean the end of europe and it would mean an end to the european idea of peace and socially else all. fatals all sorts i predict the president of france has banned the muslim face veil the burka with you become president of austria would you go further incipit office work at articles as i would strongly support a ban of disguising a person's appearance that i first to mean the full korean or face it's not about certain people but about the fact that people should not hide our face and that you could see and recognize everyone in our society and i also would like to explain the legislation is not the one in effect until the so many years it's to be precise and public schools in trouble in universities and civil service in other words for the officials there is a nor prohibited will wearing the headscarf because it's not needed in such access and everyone is free to do whatever one wants in their own leisure time but people arriving at work culture have to integrate adapt to our conditions and observe and we expect it from people who do not

yes i am confident i mean europe europe is very strong very big markets in europe we're talking about five hundred million people there is a strong degree of cohesion across the twenty seven member states of the of the european union. there are there are measures that have to be taken there are decisions that have to be made there are reforms that are have to be pursued collectively in the european union and in individual member states as far as our lives is concerned we are taking those reform measures we are pressing ahead with the things that need to be done we are convinced we will be the first european country that will come out of this recession come out of the programs that we are in with the i.m.f. and the state and the e.c. and as an individual country and europe as a whole will come out of this period. as i read the economic reports i get an impression that you're oh this and have another choice as to compete with the dollar i mean they they have to. the dollar and this is the problem this is the need this is what causes the problems of europe and it's trying to to to compet

to the world craney women across europe with a series of naked protests against the abuse of women rights. welcome to r.t. your source of world news twenty four hours a day monday will see egypt taking a first step of a parliamentary election which will last in stages until march and while the current leadership portrays it as a climax in a saga of national resistance and a solution to the crisis sentiment on the streets is quite the opposite the people's demands still there's growing skepticism whether the vote will be fair and democratic parties and he said no way reports. we're told some adoptions are bracing for the worst medics are lined up and security is tight for egypt's first parliamentary election since the revolution the country's only female candidate for the presidency expects the vote to be void due to from want but sends this message to the supreme council of the armed forces or scaffold who took over after mubarak we are as. movement. we are watching you. monitoring the election just the connect the mistakes and their products we had and our own good no waiting for democra