London’s Mayer, Boris Johnson, on the euro zone. For more from this interview, check out these videos! www.youtube.com
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Read full script on.rt.com If the eurozone is to survive, monetary union is not sufficient, insists American economist Nouriel Roubini, who anticipated the collapse of the US housing market and and the global recession in 2008. Subscribe to RT! www.youtube.com Watch RT LIVE on our website rt.com Like us on Facebook www.facebook.com Follow us on [...] Across the European countries who share a currency, the debts are piling up, and the emergency bailout fund is quickly dwindling. Romano Prodi, the man at the helm of the Euro project when it launched now tells RT what he thinks is needed to save it. Subscribe to RT! www.youtube.com Watch RT LIVE on our [...] Spain is on the edge of a financial abyss, as EU sources claim it could ask for a bailout as early as this evening. Madrid’s credit score has been slashed, while it’s borrowing costs soared close to the level that forced Greece, Portugal and Ireland to seek rescue. But as Eurozone powerhouses try to keep [...] Greece is gearing up for a parliamentary election, which could mean Athens scrapping its bailout deal with the EU and IMF. Greece’s future in the eurozone is also under intense scrutiny. American economist and Nobel Laureate Eric Maskin says in an exclusive interview to RT, that an end to the EU’s financial woes is still [...] People love to forbid things but is forbidding a language a bit too much? Tim’s trying to explain to his mechanized friend what consequences linguistic discrimination can have. Tim Kirby’s channel: www.youtube.com Why You Should Care on our website: rt.com Why You Should Care on YouTube: www.youtube.com Subscribe to RT! www.youtube.com Like us on Facebook [...] China has accumulated enough financial resources to induce borrowers US and EU to share power, argues Arvind Subramanian, senior fellow jointly at the Peterson Institute for International Economics and the Center for Global Development. In an exclusive interview to RT the author of Eclipse: Living in the Shadow of China’s Economic Dominance explained how disputable [...] The G8 meeting in Camp David was focused on saving Europe from its economic nightmares. World leaders discussed Greece and its severe debt crisis, trying to figure out how to save the eurozone. The Great Recession struck the world nearly four years ago, but the aftershock is still being felt. And it’s unclear when the [...] Voters in Ireland head to the polls today, in a referendum to decide whether or not to approve the European Union’s Fiscal Treaty. Driven by Germany, it controversially plans strict central EU control of the national budgets of member states who’ve signed up. But opponents see it as a permanent austerity charter – with many [...] Can the West revive the welfare state? How would the diminishing middle class influence Western politics? And is there anyway to redistribute wealth more fairly under the rules of modern capitalism? CrossTalking with Rachel Marsden, Kevin Zeese and Jason del Gandio. CrossTalk’s Facebook page www.facebook.com Follow Peter Lavelle on Twitter twitter.com Subscribe to RT! www.youtube.com [...] As prices for most necessary commodities, such as fuel, rise and salaries fall, citizens of Europe’s strongest economy resort to desperate measures. In Germany truck drivers are being attacked by fuel-stealing thieves. A full tanks of the cheapest gas in that country can often cost over a hundred Euro, and when it comes to big [...] A game of brinkmanship’s playing out in the dilemma over Greece staying or quitting the euro. Economists see Europe’s money power-brokers offering Athens nothing new but to do as its told and keep cutting – even though Greek voters are increasingly likely to reject that next month. RT’s Peter Oliver has the story. Subscribe to [...] A kindergarten in Latvia has been dragged into a row over teaching tyranny – after its toddlers were given a lesson by Nazi sympathisers, including getting hands-on with SS weapons. For some, it’s vital schooling about their country’s history but, as Aleksey Yaroshevsky reports, the fear is of nursery-age indoctrination. Subscribe to RT! www.youtube.com Watch [...] EU leaders gather for an informal dinner in Brussels, but the main course will undoubtedly be the Eurozone’s crippling debt crisis. There’s a growing belief that the austerity driver heralded by France and Germany has backfired, sending weaker countries into a spiral of decline. Reports say single currency member nations are preparing back up plans [...] Germany’s relentless push for Eurozone-wide austerity is driving the global economy towards catastrophe. So says the British Shadow Chancellor or opposition finance spokesman Ed Balls, who argues that someone’s got to persuade Berlin to change course. To discuss this in more detail, RT talks to James Meadway, senior economist at the New Economics Foundation think-tank [...] Nationalist Tomislav Nikolic has defeated the pro-EU candidate and incumbent Boris Tadic in Serbia’s presidential vote. Voters blamed him for the economic downturn, job losses and corruption during his two terms. His successor previously known for his anti-Western stance says however he won’t lead the country “from its European path”. Political expert Marko Gasic says [...] Debt-stricken Greece should stay in the Eurozone – that’s the united message from leaders of the world’s most powerful economies, after a day of crisis talks in the US. Athens dominated the G8 gathering, amid fears it may be headed for a chaotic and unprecedented exit from the single currency block. However, some believe that [...] The worst-hit victims of the eurocrisis are the millions of Europeans who have lost their jobs and incomes. Almost half of all of Spain’s youth alone are out of work. And yet, this is not stopping Brussels from spending thousands of euros on bureacratic hiring processes for ministers. Our correpospondent Tesa Arcilla reports. Subscribe to [...] With the election of Hollande to the French presidency, to what degree will we see the Franco-German relationship change (if at all)? Will the eurozone experience new directions with the departure of Sarkozy? How will Germany’s role change through all of this? Is Merkel still the EU’s ultimate king-maker/decision-maker? Can Germany still have its way [...] Britain’s Prime Minister says the Eurozone must make up or break up. David Cameron told business leaders that the beleagured single currency countries are at a crossroads which demands urgent action to avoid sparking a global depression. Subscribe to RT! www.youtube.com Watch RT LIVE on our website rt.com Like us on Facebook www.facebook.com Follow us [...] Francois Hollande has officially become France’s new President. He was sworn in for a five-year-term at the Elysee Palace in a modest ceremony in central Paris. But just hours after his inauguration, Hollande is now heading to Berlin. He’ll have a welcome dinner with German Chancellor Angela Merkel and hold a crucial meeting to discuss [...] It’s endgame today in Athens, where political party leaders are beginning a last-ditch effort to form a coalition. If they fail, Greece would have to stage a new election – one predicted to bolster anti-bailout factions even more. And as uncertainty grips Greece, its once unthinkable exit from the Eurozone is looking increasingly likely. In [...] Greece starts another day without government after wrangling politicians continue to fail to agree a coalition after last Sunday’s elections. The leader of the second-largest party has refused to join any administration which pledges to stick to the country’s bailout agreement with the EU and IMF.If a last-ditch attempt to form a national unity government [...] Violent austerity protests have erupted in the Italian city of Naples, after enraged demonstrators attempted to storm a local tax office. Protesters threw paint and rocks at police, who then charged crowds and beat them with batons. The demonstration began after the tax office refused to shut down for a period of mourning in the [...] As London prepares for the Olympics, bureaucrats and law-makers have been busy too – enacting a range of rules and regulations. Draconian measures are already excluding some people from the country, while a number of residents have been banned from the games -simply because they’ve objected to the construction of Olympic facilities near their homes. [...] Are we entering an era of extreme politics? Has the center lost its credibility? Will the far-left and the far-right be able to agree on something in the near future? And how do the Greek and French elections reflect the change in European politics? CrossTalking with Rachel Marsden, Graham Watson and Dionyssis Dimitrakopoulos. RT on [...] Political parties in Greece are struggling to come up with a power-sharing coalition deal, sending the crisis-hit country into further turmoil. General elections on Sunday failed to produce an outright winner, with leading parties so far failing to form a government. Without an agreement, fresh elections would have to be held. On Thursday, Athens is [...] There’s a new leader in France, where Francois Hollande snatched victory from Nicolas Sarkozy on Sunday. But as he’s getting ready to move into the Elysee Palace, the country is waiting for change. And as Tesa Arcilla reports, Hollande will have to find answers fast. RT on Twitter twitter.com RT on Facebook www.facebook.com Read more on.rt.com In another vital European election, Greek voters have protested against the country’s major parties, but have not left any group with enough support to govern alone. Athens may be forced to hold another election if party leaders can’t strike a coalition deal soon. Attorney and Professor of Constitutional Law, George Katroungalos, says [...] |
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