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tv   [untitled]    May 17, 2012 12:30pm-1:00pm EDT

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with the palm of your. on the dot com. this is our team from moscow our top stories tonight make up or break up britain's prime minister issues a stark warning to the eurozone to take it all face collapse david cameron is vying to protect the u.k. whatever happens to the euro but insists that it's in britain's interest for the single currency countries to sort out their problems also at learning tonight syria releases the names of alleged foreign terrorists in its custody as the rebellion gets boosted by arms from abroad but there's a split at the top to the exiled syrian national council has been slammed by the opposition committees in syria but the s.n.c. chief saying now he will step down. and israel reignites the palestinian conflict
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by reportedly shelling garza is wounded seven this is television pushes ahead with efforts to barricade itself from its arab neighbors. say thirty one moscow time next the economics writer for britain's guardian newspaper speaks to us and talks about what he thinks needed to get greece and the entire region back on track. today i'm talking to dieter chakraborty who's an economics leader writer for the guardian newspaper we're talking as politicians increasingly start to discuss an exit for greece from the euro zone as you see chakraborty thinks that orderly all disorderly that exit will see disorder on the streets of greece like you very much for talking to us today and we've recently seen these elections in greece which appear to have shown that the greek people reject austerity how long do you think that rebellion is going to go on for i think it's already been going on for the
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best part of two years ever since the european union and the i.m.f. impose a really severe program of spending cards and form of welfare on greece you've basically seen a country which is dissin very quickly into the realms of young governable what you saw simply in lost elections was about getting on can simply percent voted against austerity parties a party that was against austerity now whether that means that they're against spending cuts that means they're against reforming labor laws would that mean there are going to change in the welfare system where they simply privatizing whole swathes of national asset it i don't know but what you do see very clearly from greece these elections and i think you've seen for the best part of the year is a kind of wholesale rejection of the program that's been imposed upon greece and we've seen germany's finance minister will crank schauble make it very clear that either greece sticks to this austerity or it quits the euro what's in greece's
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interest would you say what's best for them i think what we can stop the most obvious thing is to stop this austerity what happens next well that's a that's a more vexed question if you want to talk about whether it's a good idea for greece stay within the euro or i think the way it's commute very painful decision for greece if it stays within the euro it will be forced to stick to some. the program imposed on it from outside for a long time to come and it won't have a great safety valve that's normally given to countries in distress or being able to devalue its own currency lots of problems with staying in europe problems of living on the other hand of the kind of volatility and turbulence which may well may or may well make the general strikes to rights all the rest of it look like walking a pole compared to what happens next so that's from greece's point of view but what about the point of view of the rest of the year is the german chancellor angela merkel and new french president francois hollande says both say that they want greece to stay in the year is saying is greece essential for keeping the euro zone
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together really it's not but the big question that will come up as soon as any country walks out a door is which i was going to follow after it so greece is a very small economy greece is also it's pretty clear and exceptional case within the euro zone economy because it's had the biggest crisis of the lot it's had the biggest bust of the lot it's got of course you know it's got a whole series of. specific to greece but if it goes because there was thought portugal from going to and talking about sort of house of cards and this is being this is been the big question ever since it became clear that southern europe was in trouble it was never about one country particular and it was particular not about greece assoon as the questions arise about greece then actually the big questions get raised what about spain what about italy these are the really big economies within some europe and within the euro zone and so when i go merkel said if the euro collapses europe itself will collapse do you think that sort of
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prophecy almost coming true. it's a very funny statement for the german chance to make because the euro the euro is the union the seventeen countries the european union is a union of twenty seven countries and growing and so for her to ally one with the other is a very curious thing to do it may be rhetorical over straight but it may also be that she sees the euro zone without that what happens in the european union the problem is she's got is she says the euro equals europe but she also says austerity is nearer so what you've got. very clearly not just in greece but across the euro zone now you've got electorates and governments collapsing because they cannot impose austerity on their on their voters so even in neverland's government the government collapses because economy posen sturdy belgium hasn't had a government for the best part of a year if the if the european equal just territory and if the your if you're being
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unique with the euro and if the you're equal then vote is then what authority so what does that mean about the rest of the rest of the european union i think you've got to come up with a better story for europe is for than simply it's about the euro what about potential exit for greece politicians are now really for the first time talking about an actual situation where greece might accept and they're talking about an orderly or a disorderly exit what do those terms mean and what real difference do you think it would make a really really odd thing when people to well orderly or disorderly is all you are disorderly for whom because i can assure you that any sort of situation however well managed for the group for the ordinary greek it's going to be very disorderly indeed it's going to be very very turbulent. our people have been modeling what a greek exit from the euro zone would look like for the best part of a year politically and economically politically even those who are in favor of greece leaving the euro zone it would involve the army being on the streets to keep order it would mean the banks would have been shot possibly shot that the a.t.m.
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is would not be working it would mean that people be stopped from leaving the country especially with this forms of euros in their back pocket because the country would then need to stop all capital from the country and to maintain a very high level room order so it would feel affected like a country move marshall the question all in the saudis really for the rest of the euro zone if the euro zone can say to threaten to financial markets look greece is leaving but we all know it greece is a special case you know behind our hands will say it's a bit of a basket case and actually its problems are not the rest of the euro zone that's what they really mean by an orderly exit if they can convince everyone that greece is leaving because of greece not because of the euro i don't think now people markets would buy that because the rot has gone so far. financial markets i'm willing to lend to spain or to italy that i don't think people any longer see is a problem confined to just one or two small countries and what about the situation
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with the banking sector in greece at the moment you talk about sort of disorder on the streets we've seen in the region of a billion euros i think withdrawing from greek banks just in the last ten days how significant is that how close do you think that is to panic withdrawing a run on the banks essentially i went into one being spanx in greece in the capital athens in syntagma square last summer and i asked one of the cashiers what's your most popular financial product and he pulled out a say box and he said what people are doing now is they are going to say from us to put their money they no longer keep their money in the count in a bank they keep it in a safe box in the vault below almost under the mattress exactly like twenty first century of keep it on the pillow. so actually a bank run has been a very slow motion bank run has been evident in greece for the best part of a year what you've seen in past ten days is that sped up dramatically. the banking system in greece to intensive purposes been
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a zombie five banking system for the best past years because most of the debts that greece holds has been written on so much and a signal portion of those debts held by the greek government are held by the greek banks system so effectively a sudden apollo worthless loans and that's before you get on to the loans they've made to businesses and households which also not worth half what they were if that . so it's pretty clear that whatever you would have to do to greece where it stays in europe where it does then you're were victims of austerity where doesn't it in your thirty it need to do something to restructure and bring back to life its banking system but it doesn't have the money to do up and no one in the rest of europe is willing to give it money to do that and all over europe there's a growing popular opposition to the political and economic union how of european bureaucrats failed to convince the people that the european union as a whole and the euro particularly are a good idea. i'll turn a question around you'd have to say it's the most it's an it's the crowning
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achievement of brussels it's managed to take a largely pro european continent and turn it so wholesale against europe and the euro we're talking in britain where if you look at the popular press and even sections our political party system there are a whole variety of people who would see brussels being on some kind of conspiracy plot to turn all banal as straight and this is always been part of the british public discourse what's been really interesting from myside to channel is actually more and more the continent is turning against the euro and turn against europe and i think that's largely goes back to what angela merkel says about if the euro fails europe fails she has made europe about the euro and she's made about making vicious spending cuts even in germany which is seen as being the strongest and most successful economy of the past decade even in germany are we german worker has seen his or her weight is pulled over the path decade take out inflation the median german wages fall and four percent over the past decade so even your average german
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worker the person in the most successful strongest economy in all of europe is worse off now than they were when since the euro launched and how far do you think politicians in brussels are willing to go to save the union and what you've seen over the past two and a half years is effectively a horse series of blame games going on soon as it became clear that greece was in trouble people in brussels and crossed northern europe so well that's greece you know we knew they were they shouldn't really been part of the year in the first place then oil and says hang on we're in trouble to well you know the irish they can never control this their property market in portugal well ways portugal for heaven's sake then spain italy and so on so forth always becomes the fault of these individual countries and no point until very recently didn't say hang on there is a systemic problem here because you see whole swathes of europe now affected going bankrupt or as close to bankrupt as you can get. and so they're very belatedly they realize actually this is not just about countries been for but about an extension
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crisis for the euro. having only just recognize that they're nowhere near putting the policies in place that might save you or. thank you very much. hold it hold it hold it hold it. hold it. her mother. could speak. to. her of her. wish. oh. good luck
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good. luck. mum. just see. that i'm a. little mouse by no means a little. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harvey welcome to the big picture.
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just.
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a little bit of the. make up of breakup britain's prime minister issues a stark warning to the eurozone to take action or face collapse david cameron is vying to protect the u.k. whatever happens to the euro but insists that it's in britain's interests for the single currency country to sort out their problems. seriously since the names of alleged fallen terror since custody is the rebellion against boosted by arms from abroad but there's a split at the top of that syrian national council and slammed by the opposition committees in syria the s.n.c. chief said to be stepping down. and israel weeknights the palestinian conflict by reportedly shelling gaza wounding seven people this is television pushes ahead with efforts to barricade itself from a tower of neighbors. speak to the latest in world sport next.
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great to have you with us this thursday evening here in central moscow this is sports and a plenty ahead including all this. continental coming to and we take a look out the republic of ireland today in our continuing series on euro twenty twelve hopeful. sagal supreme peter sagan makes it for stage wins from for this year the tour of california the united states most prestigious cycling event. and ice breaker we catch up with a swedish coach aiming to do what's never been done before when rush on a limb picked curling metal. we begin with ice hockey were a team rusher into their six straight ice hockey world championship semifinal the
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red machine donning norway in stockholm tied to further this in the first third but then russia went to taiwan in the third scoring three on answered goals the score five two up the final buzzer so that means they are in to the semi finals the first team meanwhile to make those semi faqir the underdogs fighting back to beat a limp dick champions kind of four three following an epic encounter team usa and call whose finland meets us to sweden and the czech republic. football on liverpool are on the lookout for a new manager after sucking kenny dog leash on whedon's the decision comes after the club's worst premier league finish an eighteen years though his former reds team at alan hansen believes it's clear where improvement is needed. in the cups carling cup final final relatively poorly for the should either with the. employer really good. or the opposition will be. nothing but.
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you know if you look at all. premier league there's no little booklet amongst the. new england manager roy hodgson has been explaining his reasons for leaving former captain rio ferdinand arts off his euro two thousand and twelve squad thirty three year old ferdinand was omitted from hodgson's list of twenty three at the expense of john terry two players who have been at the center of a racism row during the english premier league season. well it's purely a football decision though you know we as a man that i both respect as a player as a person i don't know it will personally but of course like everyone in the room i've seen enough of him over the years to realize what a fine is and what a good person he is but to make a fulfilling decision to destroyed on the basis basically of what i've seen in the in the in vsam months and in particular influenced also to some extent by the fact that we hasn't played so much since the world cup and has only played once things
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in the last year meanwhile republicans are not measured giovanni trapattoni says this summer's tournament is quote agree of opportunity for the country the green army howden qualified for a european championship since one thousand eight hundred it's what the world cup in two thousand and two being their last major tournament but the spike being in a group of older spain two thousand and six world champions italy and korea share the italian believes his men can reach the knockout stages because the ninety minutes never say never. a game or you must believe it's possible also to go over the first group. in order. meanwhile spanish media are reporting that samuel eto is seeking to leave russia the thirty one year old star linked with a move back to barcelona during the summer transfer window the cameroonian spent five seasons with bar set before leaving for entry into the nine x.
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who recently visited spain to meet with his ex teammates of a time when the couple were said to be seeking a striker to cover the absence of the long time injured. basketball on to the n.b.a. where boston have secured a two on lead in their best of seven eastern conference semifinal series against philadelphia the celtics seeing off the seventy six ers one hundred seven to ninety one in game three over in the west oklahoma taking a two zero series lead over the l.a. lakers following a normal win at the chesapeake energy a reno of the spy stuff that sits still lakers coach maintains they're still all to play for. it still. they did what they were supposed to do they protected their home court they got two wins now we are going to say. but i feel like there's still a lot about ball left in our team. to call for ian poulter is preparing to defend his world much play title this weekend's with
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a prize fund of eight point five million dollars up for grabs on the ryder cup of course on the horizon the thirty six sure will be hoping his play is up to scratch in spain the spike a recent illness scare. and she. recovered nicely after having them. so i feel you know my best golf to come this summer and you know very much looking forward to playing much this week and getting to north on the torments for us. the open championship staying on the greens are moving too soft career were local favorites kim bio is hoping to make it two titles in as many weeks the twenty one year old claiming a one shot lead after the opening round of the s.k. telecom open bio had been enjoying a great run of form when he could make young open last sunday and showed little signs of slowing down this time might the asian sensation carting six birdies on the day wrapping up a run of four straight here in the amateur chemist see look another one stroke back
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in seconds while the event's biggest star k.j. choi has some work to do the it time p.g.a. tour champion lies one over par that is five shots behind the leader. to more support for red bull's mark webber has been reflecting on the start of the formula one season the thirty five dollars trillion currently sits fifth in the driver's standings after what he described as a really open beginning to the campaign in which there have been five different winners in five races i think for the fans it's quite interesting for them but also i don't know if they will get sick of seeing so many different winners it's nice to have lots of different winners but also we want to have i think the rivalry is always always good to have rivals and that we always have people fighting for the for the championship and to have lots of different people always fighting you know let's is these and goes on maybe there will be some rivals that that come in let's switch gears to cycling where peter sagan is continuing his dominance of the united
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states most high profile race the slovak winning all four stages of the tour of california to increase his overall lead to a hefty sixteen seconds but twenty two year olds with enough of the time. take the longest stage of the event on the web and stay for other riders that were lacking in particular departments pulling out of the two hundred ten kilometer distance stage because of the searing thirty five degree celsius heat segin watched dave as a brisk make a break from the glory mid-way through the local fear of whoever got swallowed back into the peloton with heinrich hausler finishing were up to see again for the fourth straight day another stroll in michael matthews two in the last podiums up next an individual time trial on thursday in the race. and finally there aren't too many winter sports that russia hasn't won a medal in but curling is one new national women's team coach under scrum is aiming to put that right at sort twenty fourteen richer from poor pre-court up with the swede to quiz him on the task that lies ahead he's only just taking the job but
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under scroll up already has big plans he's aiming to break russia's a little bit curling medal duck at the sochi olympics and says be young but talented women scored has the potential to do this. well i've seen quite a lot about the world curling in size among their worth and i would say there definitely are and capability to take the medal and hope for the highest medals and with a lot of work and if they thought it perfect talent which i hope to have and of course they can win since the russians will put in a great effort in this i think we have really good chances actually because look what i've seen over the last couple of years is business and talents but russia really isn't able to get to that final stand and try to compete podium finishes and we saw the last olympics cup stages curling is if you see your own how curlers are
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you will find there are pretty old and you need a lot of experience and sometimes it's strong to find short cuts and curling in front of you have to be there for a number of years and just kept experience and that might be one of my greatest toss his kind of keep them these experiences in very short telling them and they will go very far away by good technique. and still we have to work a lot to beat us this tactic mental part also undescribed comes from a curling family his children playing the sports and there's a real chance that he could go up against his daughter some who competes to sweden at the sochi games. we would be pretty sure he would be a medal in the family at least. but did you have any fords about taking up this role with the russian team given that your daughter is a successful girl and of course i have both of them and told me about it and it
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wasn't a big feeling after my son said i'm not sure i like this idea. ladies say it's ok if you work with the men i'm not that happy stale you know when you're working in the curling you know your ceiling on many sharks. and. i'm the caller but i'm also a worker and when i'm in a rush i will be the worker and i always try to do my best work and my daughters of course one hundred percent i also feel also on the mobile about the situation and she and she said. go for it this is a very nice life if they don't get you they will get another one so for me i don't care go for it go for all your sports know whether it's next year and twenty four hour r.t. . well
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