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who. and to austerity protests and go europe us seem to be taking their hardships less seriously but why. alleged russian arms dealer picked to boot is facing charges of fraud and money laundering in a fight for the hearing could determine whether he'll be extradited to the u.s. . and garbage good or moscow's none feels like any of them monkeys of trash city or forty's there was something comical.

i know that you're watching on t.v. we're broadcasting live from moscow welcome to the program protests have ranged across europe over government austerity measures with populations and they're having to pay for others' mistakes meanwhile americans facing similar struggles have shown very little passion compared to the few who displayed overseas takes a look at why europeans are doing better at trying to protect their pockets. it's october two thousand and ten and while things aren't looking too good americans and europeans have reacted to the tough times very differently about this story unfortunately you can't tell from this but only with mass struggle can there be a positive development for the benefit of foreigners or for us to try to make sure a country maintains their liberty in the freedom that it had in the past. countries across the globe are facing one of the worst economic disasters in recent history fourteen million americans are unemployed one in five people in the united kingdom

is living in poverty and more than twenty percent of spain's population can't find work more unequal your society gets the more unequal it usually continues to get because when inequality reaches anything like the levels we see in america now the sheer amount of wealth and income in the hands of the very wealthy mean they can begin to buy political parties they can buy whole segments of the house and senate so now world leaders have to decide what to cut and what to keep we've identified substantial savings and in the days and weeks ahead we will continue going through the budget line by line and will identify more than one hundred programs that will be cut or eliminated but it looks like our friends in europe might be one step ahead of us tens of thousands of europeans stormed brussels the location of the headquarters of the european union in response to news participating governments would be fined if they ran up deficits because if we did especially for countries with debts it would be even more pressure on budget cuts and this means cuts in social area and the public infrastructure and the crisis will end up being paid for

by the workers the news that more jobs will be cut pensions frozen and wages lowered fired up the masses there are austerity measures going on in europe and the europeans are pushing back really hard the consequence of those is going to be to reduce the european lifestyle but they're they're coming no nowhere close to the absolute destruction of middle class that we're seeing in the united states. so why haven't americans taken to the streets over this country's unsettling economic statistics yes we have the tea partiers and the new wave of progressives who have been rallying in response to the tea partiers but many say these americans seem more concerned with getting their theoretical freedoms back rather than specific benefits like wages and retirement funds like what's happening over in europe so i think americans and europeans are in the street what's kind of very odd is americans are in the street asking for less government help because they've given up on the government and the europeans are in the street asking for more government help because they still believe their situation could be made better by social

spending. so what's the solution while many say the united states should look at our good friend the united kingdom that's proposed to cut its military spending by one fifth while some americans believe now is not a good time to decrease funding for social programs some say the u.s. is enormous military budget of five hundred thirty three billion dollars is the only logical place to make a cut but others say even though it might be a good idea it's not going to happen anytime soon the problem is that because our politics are corporate owned in the united states going to the defense budget which is mostly outsourced to defense contractors and saying we're going to cut into that is not going to happen preassure either r. t. washington d.c. . american economist richard wolfe says it's the historical decline of left wing movements in the us that means those struggling and are left without a voice. it's the decision of the europeans to overcome all of their

differences their different cultures and languages in a common struggle against these austerity programs i think in europe for the last thirty years you've had a pretty vibrant trade union movement compared to what we have in this country you have active socialist communist and other radical organizations that analyze what's going on in an ongoing way with daily newspapers and daily a media outlets you have an educated population that can see these issues i think american cv issues but have no organized the basis after the long term decline of our labor movement and our left organizations so it's taking longer in the united states to mobilize because we have to organize from scratch these kinds of groupings and unities the europeans could rely on their tradition and put them into play much more quickly the europeans are ahead of us they have

a clear vision and they have the organizations that clearly can mobilize millions of people in strikes general strikes and manifestations that force the change to put the cost of this crisis on the capitalist enterprises who are most responsible for producing it for social unrest in europe means it's now a decision time for some countries of the eurozone that's according to john redwood british m.p. knew a skeptic he gave an interview to our team in the food version coming away in our next hour but has a pretty. i think it's up to the current member states of the euro to come to political conclusions democratic conclusions about how much pain individual countries are prepared to put up with to stay in it and whether they can reach a better global settlement within the euro zone which perhaps releases a bit of the tension and pressure on spain and portugal and greece and ireland without completely upset in germany.

moscow is the biggest city in continental europe and hence faces huge daily challenges over five and a half million tons of waste is produced annually in the capital only a small portion of it is recycled as artie's you've got this kind of reports it's a problem that's not so easy to bury. when alexander and his family moved to their frantic ten years ago that you from the thirteenth floor it was so impressive the whole city before them but soon this hump turned into a hill blocking the view of a whole district it became so big they thought it was a new ski resort but instead it turned out to be a mountain of waste but afterward i was shocked i have children you someday they'll have cats as well i will they be able to live here if these mind terms continue growing if nothing is done soon he was six he would be surrounded by them this is how it works first a giant pit is dug in the ground the waste is distributed in isolated layers

eventually creating it on the surface dock sick water is drained away from go and gases are taken away by specially designed wipes authorities insist the technology is eco friendly but let's face it it leaves a stinky present for future generations. i've actually walking on top of around thirteen million tons of trash interestingly at the moment the so-called seasonal smell here is off watermelons which people for all weigh them off this time of year trucks come and go every minute while monster bulldozers flattened the waste into where and at the end all of this is going to walk like an ordinary hill just like that green area over there. moscow annually produces at least five and a half million tons of waste waste which has to be collected and either destroyed recycled or disposed off the street company responsible for that owns two huge pits

wheezed burning factories and sorting stations but still it's only able to recycle fifteen percent of the waste it collects most of the trash which could be recycled is ruined during the transportation to sorting stations garbage trucks press waste to collect more so everything is really mixed together that's why we recycle so little in the end. to prevent waste being mixed up in meat and recycle last year the city distributed separate bins enabling muscovites to sort their garbage as they threw it away but the economic crisis hit and there wasn't enough money to send separate trucks dedicated to picking up just glass plastic or people which were all mixed up anyway so the experiment was trashed this is money which is being thrown away most of the waste which could be reused is lost the whole system needs to be changed or ducal logical consequences could be devastating so until the russian capital gets its recycling act together millions of tons of waste will

continue to be hidden from sight to be for future generations to deal with tomorrow you've got this kind of moscow. to come this hour an escape from the vices of life visit several nights spewing rains crimea is helping young people fight drug addiction by taking them back to nature. to tie cortez said to consider a second set of charges against alleged russian arms dealer vick to boot a quarter rejected a request to have them dropped to gain extradition to the u.s. where he's wanted on terrorism related charges ok. news agency here in bangkok takes us through the case. america's attempts to get its hands on an alleged russian arms dealer victor boot stalled again on monday criminal courts rejected those requests to draw up and second set of charges against the jailed businessman

prisoner waiting extradition to the united states monday's hearing was hampered by security related changes in the schedule long closed door meetings of the panel of judges m.b. absence of the russian interpreter whom the court's administrative office simply forgot storing light on tuesday liberal judges will decide on the second extradition request for a legal status based on charges of money laundering and fraud without hearing any witnesses from either side but they say without the witness testimony it is not going to be a lengthy second trial was arrested in thailand in bangkok in march two thousand and eight in a us news on this sting operation problems criminal court initially cleared all charges but enormous this year the appeal court reversed of the ruling paving the way for her to be extradited studio united states but washington's a precautionary gamble of filing new charges in case they lost the appeal now stands in the way of the businessman himself who repeatedly denies any wrongdoing

and says that the charges against him are politically motivated meanwhile moscow is calling for a just and fair trial of a russian citizen on the thai soil. the wife of victim believes the u.s. is preparing to force her husband to give the testimony they need comes as a u.s. aircraft carrier arrived in bangkok the first time ever she says it's no coincidence. well he was already unstable it's quite possible the likes to die to him and just look him up on some craft carrier and force him to give would have a testimony of the us wants him to give i think he'll go as far as it takes to get it and i'm sure everyone understands they're playing to face to do these days starting with chemicals since psychological pressure ok and then there's a published specializing best to get it right and he believes that vick to boot is stuck in a high stakes game lucky to get a fair trial in the us i think the thailand tiger government is kind of stuck

between a rock and a hard place obviously they're being played in as just pieces in an international game between russia and america. but they don't want to seem as if they were pressured by america even though they have been so i think they're waiting for this whole thing to play out all the way through the courts panel of course it was america's own fault for adding keeping extra charges on one sleeve the original charges were deemed by the thai court to be political to nature and there wasn't even a minimal amount of evidence to convict on anything but america has promised thailand's fighter jets and cheap oil if the decision goes their way if he's extradited to america and stands trial in america itself i think then. everything will be in public but probably what might happen is that they would like to extradite him but not have a face trial in america but being in a prison in another country. as they have done with other people so that we don't

know so america people don't really know what's going on best journalist daniel a student has to sell he says tolland american interests. these are all charted waters and no one really you know as i talk to my people the state department today in the united states are watching very very carefully they said that a lot of phone calls have been made from the united states to thailand obviously with the prime minister's office and this is another part of the dis delicious irony of the thai prime minister will be americans are saying is actually working for the victor boot is actually working for the americans because he's not only is a british born but he also holds british passport which means he's obviously subservient to the british or american interests. have a look now at some other news making headlines around the world chile's president claims that the thirty three miners trapped underground for two months to rescue the rest of the. experts around the world helping to dig a straight shot through the model to free them that had initially been rescued to

christmas with members of the mining union held a protest in the regional capital demanding to be paid there's been no work at the site since its collapse in the biggest. the vatican has criticised the old reading of the price for next to the biggest rescue . super expensive but this isn't the role of the ethical questions of the treatment but while controversial religious groups procedure has helped millions of infertile couples have children every air around three hundred thousand babies are born to worldwide the help of god here. waves of red sludge swept through western hundred killing two injuring dozens more towns were hit by the toxic enough to reservoir a minium burst the slurry it can be deadly split the skin and.

now it's been described as healing for the body and mind a school in ukraine's crimea has found the recipe for helping troubled teens kick drug addiction and get their lives back on track. i look safe from ukraine's crimea enjoys his new life and gathering honey is one of his favorite hobbies this man now finds it hard to believe but less than a year ago he was barely alive alexy was a drug addict until friends told him of a special school tucked away deep in the crimean mountains. but first to feed for my health the first stop taken drugs people at the school told me they'd give me some pills they came here and saw these pills. and a neutral environment would be even called water every day and this is better than any medication we enjoy this life with nature around us with drugs. opened in the mid nine hundred ninety s. the dragon tiger school became the first of its kind in ukraine over the past

decade it has helped several hundred young people to escape from drug addiction its director says they use only natural methods to bring you both back to a normal life but. the main mission of the school is to bring man back to nature humanity departed from nature and started stagnating we integrate youths with basic elements like earth wind water and fire we want them to live just like our ancestors lived respecting the goods of nature completely self-sufficient. at first glance the school looks like a buddhist monastery watching the physical exercises which students do they look more like martial arts. and one corner of the school's grounds leaves almost no doubt about its absence this is the spiritual heart of the school a piece of meteorite sits on a buddhist peristyle and this is where students recharge their energy as well as

marking the birth of each day with a ring of a bell. but the margin says that his school has no religious element whatsoever. she sounds in a fight against inner chaos all faiths can offer good solutions the school provides diverse means of self reconstruction regardless of a person's religious conviction. both physical practice and spiritual exercises we develop both body and soul we want to students to understand that their fate is in their own hands so we also educate them we have an extensive library and we do translations of historic books. from just several followers in the mid ninety's the dragon tiger school has now more than two hundred permanent students it is not financed by the state but its director says there are enough benefactors to aid their cause the cause which he describes as a natural nonviolent healing of society. reporting from

ukraine's crimea. there's much more on our website r.t. dot com including video features blogs and forums. like your i. quest to find the mascot for the two thousand and fourteen section if it's on the way we have a look at some of the submissions on the. mind reading web browser to see what interpol's that involves. mortality dot com. with all the business news now and we have that inflation in russia is rising

corrina yes good morning kerry that's right and it's fueling concerns that angle inflation will be higher than official forecast that and more coming up. i'm great for the food we've gone to. the biggest issues get the cuban voice face to face with the news makers. how welcome to our business program we start with the news from the auto industry the first mercedes benz trucks are being assembled in russia at

a plant operated by diner and kamaz the plan to not get in each only on the ball guys a joint venture between the russian and german companies saying is talk small stock can assemble four thousand five hundred vehicles a year and other models will be introduced as soon as the market expands. and in other news from the sector the company best known for law has lifted sales by more than a third so far this year after bosses already said it should return to profit in two thousand and ten russian comic has sold about three hundred seventy thousand cars in a period thirty six percent more than the same time last year the company's benefiting from these excess for cash for clunkers program russia and subsidized loans of the government. to other stories russia's all roll so a top world diamond producer could launch an i.p.o. as early as next year investment bank j.p. morgan values the company at up to nine billion dollars business r.t. asked analysts for their view of us as prospects. the issue with this company is that it has

a very large open mind and it's running out of reserves at this mine and they would have to do an exploration and the topics for this exploration that the figure i heard it ranges between two to six billion dollars this overall topic for the topics for part for the particular on the ground mind and i guess the sooner the company does this i.p.o. the better demand is likely to grow because this is. kind of a lock sure product and if you look at china right now these here will reduce saw that. was the biggest market for luxury cars for example believe strongly that china through a police. united states shortly is the biggest market for diamonds currently united states account for some fifty percent of the global market but i think shortly china could you place it there and there would be mine. and that brings us to the markets let's see how the markets are forming in asia japan stopped after bank of

japan lowered its benchmark interest rate to a range of zero percent two point one percent it also pledged to expand its balance sheet by sixty billion dollars to shore up the nation's slowing economic recovery hong kong shares fluctuate between gains and losses this hour and here in moscow markets are still close to you see monday's closing figures as we see both. and in the black energy shares made strong gains with rosneft up one percent gas promo slightly behind would point one percent against the rose more than one percent after posting a five times increase in first half of. russia's third largest steelmaker its. second quarter results that took its profits from january to june to five hundred nineteen million dollars after a loss in the same period of two thousand and nine strongest prices boosted the company's performance but it's warning that third quarter profits will be weak. and

the pharmaceutical industry is watching the world's biggest hostile takeover in six years leading french drug makers sanofi has launched an eighteen billion dollar bid for corporation the move comes a month after the u.s. biotech company rejected an initial offer from. an acquisition to help replace revenue loss as some of its best selling products competition from generic drugs. and turning to currencies. the dollar against the euro the strong oil prices supporting but has not driven it much higher. expects the russian currency to remain stable in the near term. the market was a little bit spooked by some of the trade in the balance of payments data which came out of russia and helped push the ruble a little bit lower but that said we think it's going to trade relatively stable versus the basket at least for the next the next few months will really come to realize over the last few months is that you know the euro was excessively sold by

the market particularly back in may and i think we've come to realize that that was a bit too excessive and that's been on winding and why the year was partly holding up is because by default it's not by merit like you say there's a lot of bad things going on in the eurozone and i think really you have to save yourself that the fed is on the cusp of doing more quantitative easing but the e.c.b. is not going to and that's again the key reason why the euro is holding up reasonably well at present and inflation in russia is speeding up zero point eight percent in september fuelling concerns that will be higher than the official forecast september growth was driven mainly by food prices in particular this relates to buckwheat and eggs the price of eggs jumped about thirty percent in more than fifty of us in regions. but a second largest mobile phone operator vento call this to merge in assets within the gyptian company it will acquire one hundred percent of italian company wind

along with just over fifty percent of egypt's our us called the owner of our us now . will in turn get a twenty percent stake in along with one point eight billion dollars in cash. the world's largest element in producer is refinancing its biggest loan the metals giant borrowed for to have billion dollars to help pay for a twenty five percent stake in oil slick you state owns their bank will finance the loan that will that which unaided with russia state develop back. despite their would payment roussel slightly increased its total. that's all for now i'll be back with more in less than one hour but meanwhile you can always log onto our website r.t. dot com slash business for more. from

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