current account deficit balloons is the u.k. heading for a currency crisis asks jeremy warner in the telegraph and he goes over the usual things of the deficit and all the debt they have but he knows that north sea oil has helped the u.k. economy avoid what would otherwise have been brutally imposed market reform an adjustment as recently as two thousand a one britain enjoyed a trade surplus in crude oil of nearly six billion pounds a year in two thousand and eleven the deficit was ten point seven billion pounds like a receding tide fast depleting north sea oil is exposing the underlying wreckage of the u.k. economy well jerry warner makes an excellent point now and economy has two components in its export market they've got the exploitation of services or they've got the exploitation of goods manufactured goods in britain has not exported had a net balance of exportation of manufactured goods since the nineteen eighties the entire economy sense that's or has been built on basically services and what are these services they are

this area is one of the poorest in the u.k. and when you take a closer look at these stores promises of instant cash they come with sky high interest rates. but working providing advice days you know what takes just moments to approve can lead to years of debt misery what happens is if i haven't got the money at the end of the month to be a repeat then of course we will continue war and then we're going to look really alone to try and pay off the period normal border first. saw the most try one go first go on to quick witted want to do you clear and it's just a never ending cycle we were one of the representatives the leading paid a link provided why the industry seems to be lending irresponsibly it doesn't make any sense to lend to somebody who can't afford to pay you back so the members i represent spend an awful lot of investment in the best technology to make the best assessment of somebodies affordability but these are areas of the united kingdom and some of the poorest communities so that seems quite targeted why are they

the risk in the u.k. has been under recognize well for me so for some amount of time and now you know. reality started to come to light the knowledge you know the u.k. is in a significant has a significant issues u.k. has is rife with non-performing assets you know that have been swept that have been swept under the rug due to changes in policy regulatory reform quote unquote but basically you have to look in the direction they still have structural issues and terms of expenses and revenues. they have a banking system right and an insurance system which still has to deal with now only that. but. new. a new paradigm in terms of the economic environment you have when you have syrup and you have. you change the nature of risk and people take risk without expecting to compensation and that means you have rampant risk that has happened in the u.k. a lot of the regulatory blow ups have emanated right from the financial center and u.k. and the reason is in my opinion rampant syrup now that you have almost no ret

small newspaper here in the u.k. that the taxpayers to pick up the fine for the crime committed by royal bank of scotland what is in your banks you should know you own it you are the owners therefore you are complicit in the crimes. well stacy ever thanks so much for being on the kaiser report thank you. stay tuned for the second half of the show because last night i spoke to pulitzer prize winning journalist jesse eisinger about what it is exactly that is inside america's banks. secret lumber tour. was to build the world's most sophisticated. fortunately doesn't sound anything tunes mission to teach me the creation why it should care about humans. this is why you should care only on the dog. speak your language. programs and documentaries in arabic in school here on the. reporting from the world talks about seventy i p interviews intriguing stories for you. in troy. visit our big. mission. cretaceous three. four judges free. range humans three. three. three. three broadcast quality video for your media projects free

and war u.k. parents are forced to go hungry to feed their children while charity is the only hope for those on the breadline. this is r.t. coming to you live from moscow i'm marina josh and welcome to the program the mentor is u.s. detention facility at guantanamo bay in cuba marks its eleventh anniversary the spy president obama's four year old promise to shut the camp while human rights groups are calling for freedom for those clearer for release and for a fair trial for the others polls show the majority of americans have moved on as our he's gone and she can now reports public opinion in the u.s. relies more in fiction than fact. president obama's call to look forward not backward has resulted in attempts to sweep the past under the rug including some of his own promises to close guantanamo and i will follow through on that colonel morris davis was a chief prosecutor at guantanamo and to george w. bush and he later became a vocal critic of the practices there and strongly supported president

small newspaper here in the u.k. that the taxpayers to pick up the fine for the crime committed by royal bank of scotland what is in your banks you should know you own it you are the owners therefore your complicit in the crimes. well stacy ever thanks so much for being on the kaiser report thank you. stay tuned for the second half of the show because last night i spoke to a pulitzer prize winning journalist jesse eisinger about what it is exactly that is inside america's banks. secret lumbered sure to mccurry was able to build a most sophisticated robot which on fortunately doesn't give a darn about anything tunes mission to teach music creation and why it should care about humans in the world this is why you should care want your only on the dog. i. pretty free. free. free free. free. free. free book video for your media project free media. dot com. welcome back to the kaiser report i'm max kaiser time now to go to new york and speak with jesse eisinger he's a pulitzer prize winning journalist from pro publica his

small newspaper here in the u.k. that the taxpayers to pick up the fine for the crime committed by royal bank of scotland what is in your banks you should know you own it you are the owners therefore you're complicit in the crimes. well stacy ever thanks so much for being on the cars report thank you. stay tuned for the second half of the show because last night i spoke to pulitzer prize winning journalist jesse eisinger about what it is exactly that is inside america's banks. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harkin welcome to the big picture. with. the consumer. choose to be great to. choose the stories that you. choose. to. welcome back to the kaiser report on max kaiser so i'm not to go to new york and speak with jesse eisinger he's a pulitzer prize winning journalist from pro publica his latest piece is called what's inside

u.k. could be drifting towards an exit from the european union according to the excerpts of david cameron's speech but the prime minister remains shaky on calling a referendum on the issue and. it looks like his own good will tell you you're there exists and. i could tell you it's him doing it so here it is right now. tens of thousands of people in russia including r.t.s. peter oliver is a can see take the plunge or the feasible pick any. it is not the end of the russian capital you're watching r t a marina joshie welcome to the program algerian armed forces are continuing efforts to free a group of international hostages from libyan militants at a gas plant is mannie a six hundred fifty captives have reportedly been rescued where the known number of civilian deaths and manny still missing the insurgents claim their advantage in french intervention in mali which is putting president francois hollande into an increasingly tough political situation boyko explains. these are peaceful civilian

special favors for the u.k. as a precondition to staying put. prime minister netanyahu narrowly wins israel's snap election vowing to continue building jewish settlements on palestinian land and pressuring iran everett's nuclear energy program. and also this business big shots converge on the glitzy ski resort of us for the annual world economic forum with the russian delegation in the spotlight as the state prepares to host the g twenty summit later this year. around the world online on screen life from the new center here in moscow this is a t with twenty four hours a day britain has been promised a referendum on pitching the you although it's subject to prime minister david cameron's political fortunes in the next election finally delivering his long awaited speech the pm vowed to win a special deal for the u.k. from brussels while blasting the block for snuffing out diversity and disagreement . listen. did pledge to hold a referendum on whether britain should be able to leave the e.u. if the conservatives win the next general election in twe

small newspaper here in the u.k. that the tax payers to pick up the fine for the crime committed by royal bank of scotland what is in your banks you should know you own it you are the owners therefore you are complicit in the crimes. well stacy ever thanks so much for being on the carson report thank you. stay tuned for the second half of the show because last night i spoke to pulitzer prize winning journalist jesse eisinger about what it is exactly that is inside america's banks. me easy easy easy easy easy easy. easy easy. to. get are sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. in. the long. well with. out of sight but still on our minds still exceeds the norm let's try to live smarter smart you never know what some people are hiding and can't be sure to prove to the molecular level what the doctor

the u.k. could be drifting towards an exit from the european union according to the excerpts of david cameron's speech but the prime minister remains shaky on calling a referendum on the issue. dilution with the song good friday you're the results of what i could tell you and sincerely exhilarated right now. cans of thousands of people in russia including our very own pete all of earth to take the plunge for the feast of a cliff any. good if any out of the russian capital you're watching joshing welcome to the program. algerian armed forces are continuing efforts to free a group of international hostages from libyan militants at a gas plant as many as six hundred fifty captives have reportedly been rescued with an unknown number of civilian deaths and manny still missing the insurgents claim their avenging french intervention in mali which is putting president francois hollande into an increasingly tough political situation probably boyko explains these a peaceful civilians from all around the

more u.k. parents are forced to go hungry to feed their children while charity is the only hope for those on the breadline this story is just to have for you stay with us for that and also voicing discontent in the digital age hacker group anonymous wants washington to accept cyber attacks as a legitimate form of protest office more coming to you later in the program. u.s. and middle east aspirants are saying serious conflict is putting the country's iranian stockpiles at risk every pore it in the british financial times says syria has up to fifty tons of enriched uranium enough to grade five nuclear bombs syria was thought to be close to completing our reactor in the east of the country with help from north korea when the facility was reportedly destroyed by israeli jets five years ago there are now concerns in the west that iran serious close ally in the region might be trying to sue the stockpile for its own nuclear program or also fear a serious chemical weapons could fall into the wrong ha

u.k. when the u.k. government decided to run for that possibility so you see that there are multiple failures engaged in that process which is kind of oh really shocking the fate of syria could be decided outside this latency. and staying with syria top diplomats from russia and the u.s. are now meeting with the united nations peace envoy lakhdar brahimi in geneva the main goal is to try and find a political solution to the country's crisis and almost two years of bloodshed is you've got a piece going up has more. barbara hume is once again stressed that the only possible peaceful solution to the conflict in syria should be based on the agreements reached by world powers last summer in geneva which call on both sides to simultaneously and immediately put their weapons down start a political process which includes forming a transitional government but the biggest stumbling blocks at the moment are first of all the feet of president assad the opposition wants him gone mr brahimi has been rep

and u.k. in this bank bailout the us forced all major banks to take state money buying mistakes about half their book value and is already out of most of its position the u.k. on the other hand paid roughly twice the rate taking positions in just three of the worst affected banks r.b.s. lloyds and. so they spewed money without taking positions and without therefore possibly profiting for the u.k. taxpayer but again lloyds and r.b.s. these are the two big. you know the worst offenders of the black hole though speaking of r.b.s. of course you have the right honorable gordon brown one of the m.p.'s from scotland in the house of commons this past week dribbling on about some constituency and he's the guy who orchestrated this amazing giveaway to terrorism in the city of london well so let's move on to the jewish people of the naked worship and people of the pint of lager in the marmite here anger is h m v collapse leaves gift cards bought for christmas worthless companies decision not to honor a g

the u.k. could be drifting towards an exit from the european union according to the excerpts of david cameron's speech by the prime minister remains shaky i'm calling it a referendum on the issue and. it looks like it's uncool to your the ridiculous and . i can tell you. it's so good right now. cans of thousands of people in russia including are very young people all over take the plunge for the feast of a to fanny. watching r t coming to life from moscow i'm marina joshua come to the program algerian armed forces are continuing efforts to free a group of international hostages from libyan militants at a gas plant as many as six hundred fifty captives have reportedly been rescued with an unknown number of civilian deaths as many still missing the insurgents claim their advantage in french intervention and in mali which is putting president francois hollande into an increasingly tough political situation parties fully boyko explains. these are peaceful civilians from all around the world that w

should the u.k. break away from the european union a lot of talk about that in london at the moment or would that be a massive mistake can afford to do that well the u.k. is not actually in the euro and those countries in the year like greece and portugal and spain and even france they are going to end up out of the euro there's no doubt about it u.k. should have a different relationship with it politically but thank god we're not in the euro shores so this politically do you think that relationship with the european union though should be changed or could britain be making a mistake by cutting off its ties altogether losing its membership. no the present european community structure is of elite history and has no longer taking any concern of the of the the political interests and reactions of the people surveyed up it's not just the u.k. it's the people of france is the people of poland it's the people of ireland until they were deceived it's all the peoples of europe they want a new relationship in

japan and the u.k. are going to outright monetize their debt they're going to cancel the debts they created out of thin air and those predictions those long held predictions of hyper inflation may just finally come true in two thousand and thirteen well the fact that they've taken a longer means that the collapse will be that much greater. again everything is deflating against gold and silver. all right stacy ever thanks so much for being on the special new year's day is a report thank you max that's it for this first episode of twenty thirty if you'd like to get in touch with us you can tweet us a kaiser report or on facebook dot com forward slash kaiser report and so next time . by the. divine power in action to date. i am just this week he's we are under the control of those governing the floor at the service of a space mafia i found on that day the magnetic field of the sun. to create disappeared. after the second coming it will be a beautiful place it will receive its glory it will be a renewed wor

and the u.k. also boosted that backing for the operation now the morgan expert in west africa believes that power is clearly underestimated the signs old that tosk in mali. this is a very strange and very diverse some very kind of collide coalition of people you have the hard core of the al qaeda in the islamic magreb fighters now they are very very hardened desert fighters been out there for almost a decade they know the region very very well you know the desert is that absolute home you also have the rebels who basically decided to put their faith in a jihad i garley is this islamist leader this strong man who's basically seduced a lot of to ari into joining his islamist cause now they'll also be at home they know the desert that's their territory their soup fighters they specialize in this kind of hit and run guerrilla tactics cell strike very fast and then they'll disappear into the desert possibly even over the borders and we know that the attack on this town about four hundred kilometers nor

italy and the u.k. also boosted their backing for the operation or to talk more about the incursion let's talk to independent political analyst dan glazer. how significant is it that canada or is extending its support for france and indeed why is it considering to boost its support. well i think we have to look at the western powers as one kind of one one one block at the moment in the sense that they have the kind of the european and american north american economic system is is collapsing and we've seen that since two thousand and eight and what a lot of these we've seen this increasing drive for war because the economic power is in decline it's with the rise of the east and with china their own internal contradictions in their own economic system this is driving them towards war as well as a means of maintaining propping up their power because the economic powers declining so they're relying increasingly on military power to do things like secure resources and secure it's got control whereas they use

prefers that the u.k. has a close relationship with the union so what difference does it make now that they've said it out loud i think the difference here is that they're actually interfering in british politics i think there's a difference between you can send a country having a view about other countries foreign policy and stating that but i think this is a bit different this is a direct attempt to interfere in british to mess. policies and they're trying to frighten the british people by saying you know we'd lose influence and jeopardizes our special relationship and all the rest of it if we continue along this road of actually asking one hundred million what's happened to our national sovereignty is gone and we'd like it back and the polite thing applied thing i would say the guy is president. and they become a big plans for a referendum or expecting this announcement within the next few weeks you'll be pleased about that what difference does this really make i think you'd have to be very noisy to thi

police in the u.k. have arrested two men who are said to be part of a vigilante group calling themselves the muslim patrol clips posted on you tube show youths walking around east london confronting people and telling them to obey shari'a law some muslim organizations have condemned their actions but have sara for reports simmering that this can happen on the streets of the british capital in the first place. and islamic long take grief that's what they call themselves a small number of people who are growing up to members of the public in areas of fronting and saying that they were implementing the whole this was a muslim area and they were demanding people throw away the alcohol they were insulting to women telling them to cover up the spot uploaded on c.t. tens of thousands of people saw it the original video the police investigation started but once again you know that goes around so it's still on you tube right now and again tens of thousands of hits one of the people in the video said this is the

japan and the u.k. are going to outright monetize their debt they're going to cancel the debts they created out of thin air and those predictions those long held predictions of hyper inflation may just finally come true in two thousand and thirteen well the fact that they've taken a longer means that the collapse will be that much greater. again everything is deflating against gold and silver. all right stacy ever thanks so much for being on the special new year's day kaiser report thank you max that's it for this first episode of twenty thirty and if you'd like to get in touch with us you can tweet us a cause or report or on facebook dot com forward slash kaiser report it's all next on thanks guys are saying.

and the u.k. the relationship would be devalued for the obama administration by britain leaving the e.u. altogether or even if it got bogged down in constant negotiations about what the u.k.'s membership would be like and it has caused a full out in the coalition government although that's not a difficult thing to do these days david cameron the prime minister has played it out saying it's just an opinion but it kleck nick clegg his deputy has said that it is a big issue that the u.k. is valuable to the u.k. u.s. precisely because it has a close relationship with the european union but of course his party does stand against anything that distances britain from the e.u. now i felt that the main issue for people here given that there's an increasing lack of support for britain's membership of the european union would probably be just that the u.s. sticking it or and so i went out to austin. i think they have concerns and i can understand because they were saying they feel that we have similar values

but in most of the u.k. the flag is already flown on special days only why should belfast be any different . world obviously the. very important to the u.k. and it's full of many buildings here in england over unfortunately we also have the european union flag flying on sundays as well obviously to the people of northern the flag is particularly important. to see because they see that as a sign of their their whole identity really and obviously there's a lot of trouble out there at the moment as a result. now while anger from certain groups might be expected police say paramilitary groups and even some does ignited terrorists are orchestrating the protests isn't this getting a little bit out of hand. well i think it is getting out of hand and the reports that there are sort of quasi fascist groups and far right elements who are now directing this this protest is very worrying indeed i think the decision taken by belfast council to lower the flag or only allow the flag to fly in certain days was a wrong decis

the u.k. it could be drifting towards an exit from the european union that's according to excerpts david cameron's speech by the prime minister remained shaky on calling a referendum on the issue also. the russian one designed girls right there the results of which i could say i'm standing very exhilarated right now tens of thousands of people in russia including our two very own puter all aboard take the plunge their feet out of the epiphany. it's three pm here in moscow many so now away with you here on r.g.p. our top story algerian armed forces are continuing efforts to free a group of international hostages from libyan militants at a gas plant five more foreigners have reportedly been rescued bringing the total to over six hundred and fifty people now the insurgents claim they're avenging french intervention in mali which is putting president francois hollande in into an increasingly tough political situation artie's polly boyd gave some reaction on the streets of paris. it's all calm on t

the u.k. could be drifting towards an exit from the european union that's according to excerpts of david cameron the speech of the prime minister remained shaky on calling a referendum on the issue also. the issue with his own girls right there exists a. i could tell you i'm feeling very exhilarated right now tens of thousands of people in russia including our genes very own peter all over take the plunge for the face of the oppression a. warm welcome to you live from our studios in moscow you're watching r t with me and he said now it's good to have you with us two pm here in the russian capital our top story algerian armed forces are continuing efforts to free a group of international hostages from libyan militants at a gas plant five more foreigners have reportedly been rescued bringing the total to over six hundred fifty people the insurgents claim their avenging french intervention in mali which is putting president president francois hollande into an increasingly tough political situatio

that's really really good now scientists in the u.k. say that this is by far the cheapest sandwich available they did a study or they did a study and they found that this was the cheapest sandwich now speaking of doing his part for austerity george osborne the chancellor of the exchequer is giving up his monthly welfare check yes it seems the chancellor of the fricken exchequer has been collecting child benefit for years he makes over one hundred thirty four thousand pounds per year and some hardworking taxpaying joe pint of lager has been paying for george's children's. safety ever. max this reminds me of world war two when so many brits sacrificed for the good of the nation i'm giving up my child benefit from today so that my children and yours aren't saddled with our debts forever by chancellor george osborne this week my family will not receive the child benefit we've been getting every week since our children were born any household where at least one member is earning more than sixty thousand pounds will be in a similar position w

cameron yet again delays a long anticipated address because of it aimed at tackling the issue of the u.k.'s future role within the european union as well than. the artistic director of russia's ball show you see it undergoes treatment for severe chemical burns to his face after an acid attack which officials are linking to what they're calling a sinister professional rivalry and as israeli voters prepare to head to the polls next tuesday we'll look into why prime minister binyamin netanyahu is seeing is support way. well over a good morning if you just joined this it's kevin i would hear the new center this morning just after midnight moscow time now islamic terrorists are still holding an international group of hostages at a gas plant in algeria the smalling with the local military continuing their attempts to free the captives at least twelve civilians were killed during a blitz rescue forces which drew anger from the international community the militants say they're acting in revenge for the french intervention in neighboring mali but paris saying it's only helping justify their campa

on the u.k.'s economy it could plunge into recession for the third time in four years according to the latest g.d.p. figures drawn down to by debt and leave eurozone spin. international news and comment live from moscow this is all she was me thanks for joining us at least nine people have been killed and nearly five hundred wounded in clashes with police across egypt on the second anniversary of the revolution that toppled hosni mubarak this time turns of thousands of demonstrators were calling on president mohamed morsi to step down saying his muslim brotherhood box government is only working for islamists cairo based reporter about truth has the latest for us. we have had reports from local news outlets that several people have been killed in addition there have been reports of attacks on muslim brotherhood headquarters in particular the freedom and justice headquarters in dublin who are in the downstairs when it's been a year in addition to arson attacks on government buildings and people expr

censored by the u.k. regulatory authorities who don't want the citizens here to understand that there's a growing consensus to execute bankers and that there's a global insurrection against banker occupation to be clear bloomberg is not calling for the execution of any of these people they're calling for the execution of the companies that u.b.s. should be put out of business but all of the banks should be put out of business because u.b.s. was just one of the banks to be doing this now william cohen says that an even more emphatic message needs to be sent to u.b.s. by is preventable regulator in the u.s. you are finished in this country we are padlocking your stamford connecticut manhattan offices you need to pack up and leave now so i want to highlight one of the things that bloomberg in their article highlights about the u.b.s. bank is one of the most egregious emails that was sent back and forth to see the level to which u.b.s. employees descended one need look no further than their written communicat

that's coming in things like oil now over here in the u.k. we've moved here because we said that the economy is going to collapse here they've announced recently a triple dip recession they're heading into triple dip recession the economy continues to decline. david cameron threw a hail mary pass of saying we're going to have some referendum in like five six seven years' time lord knows when somewhere out the future so in a destabilizing this already unstable system but also here's a heaven from the past week this is very interesting because we interviewed simon rose of save our savers and he noted a few months ago that there's this weird confusion in the u.k. between deficit and debt the deficit of course is the annual budget deficit of the government and the national debt is built up over decades who knows how long it's been building up and how big it is here it's close to one point four trillion pounds but david cameron tells porkies about britain's national debt david cameron on i.t.v. said this quote though this government has had to mak

that's still to come but first the u.k.'s financial woes could well drag on for decades to come with a predicted to fall out of the top ten economies by twenty fifty and that's one head turning possibility set out in a report on global growth by the accounting giant pricewaterhouse coopers and professor of economics rodney shakespeare i spoke to a little early he says there are some basic steps the u.k. can take to escape the doldrums when you've controlled the banks because they're out rageous the out of control you say let them lend their own money and interest do what they like but you open up an interest free loan supply from the national bank that's the one thing moving a king will not do and which the present government will not allow because it that smashes the power of the commercial banks and the present european community structure is of elitist and it has no longer taking any concern of the of the the political interests and reactions of the people surveyed up it's not just the u.k. it's the people of france it's

poll the population here and only six percent six percent of the u.k. population realised that the national debt has been increasing ninety four percent didn't know this because of all of this propaganda when in fact david cameron's policy is to increase britain's debt by sixty percent more than any european country to increase it more over five years than labor did over thirteen years just yesterday we learned the national debt had hit one point one one billion pounds and it's heading to one thousand four hundred billion one point four trillion pounds which by the way is about what the cost of the bailouts of the u.k. banks is that that number the connection is not a coincidence and not only is the debt growing but there is no growth it would be one thing if there was debt was rising in the growth was rising but you have growth shrinking negative g.d.p. a triple dip recession and rising debt so this economy and the pound sterling as we've been saying it's already crashed against gold but it looks like it's going to crash in relative terms against other