tv [untitled] December 9, 2010 7:00am-7:30am EST
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you can a well it's hotel closely to see don't need to go publicly and this is the canal was hotel as a retreat. thousands gather in london to pray set to rise in university fees is expected to be the biggest smocks yet and he's prepared to face on the message later i'll be following the demonstrations old day they have. it's only a small segment of the that has all the cream in the us wall street is predicted to hand out wreck or a year end bonuses amid the country's growing unemployment and soaring debt. plus tackling traffic terror with moscow's bottlenecks consistently ranking among the world's worst we look at how local drivers are learning to take advantage of the champs.
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elysee is coming to you live from moscow welcome to the program london is braced for mass demonstrations from thousands of students making a final attempt to prevent the british government from more than troubling the amount some will have to pay to go to university. and now is live in the british capital for us let's cross over to see and hello to you laura obviously thousands of students there behind you i see them marching behind you there are some concerns about the possibility of trouble coming with the students of possible violence any any sign of that so far. but it's very any unsafe we're about sort of half an hour into this demonstration now the students with the pay stick out at twelve o'clock now and my self if it's a problem in the same. me quite
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a lot of excitement students have been here milling around for about half an hour forty five minutes getting their voices into shape picking up their banners but so far it's been quite a lighthearted affair but there is new reason really judging from previous demonstrations to expect that it will stay that way a lot of them apart stuff without incident but there have been some incidents of violence and most of them have occurred later on of course it's winter it gets dark quite early and that's generally when the excitement begins what these students are going to do is walk about one and a half miles from here down to the houses of parliament where they'll expect to direct you know be m.p. into voting against this type of university being that late expected to take place at six pm this evening when the students have to hold a candle lit vigil outside the house of parliament as i say typically over the last couple of months we have seen things turn slightly nasty where it's particularly when darkness schools templates for a little bit and the police have to get involved so what we've seen is graffiti of
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it is that it runs in violence a bit of attacking of property that kind of thing and we are expecting that to happen today this is expected to be the biggest march that we've seen so far between twenty and forty thousand people are expected here just in london today not to mention the rest of the country and joining with the students will be the empty which is one of britain's most powerful unions told its members to join together with the students in the protests and indeed on the entire trade union movement organization after hole so we are expecting a great number of people descend on london for there to be a measure of disruption certainly not only can we see the throngs of people behind you the protesters there but we're also seeing live pictures at this moment some live aerial shots of of the students gathering in london protesting these potential raises into action for us who are tell me this austerity measures across europe obviously a causing a lot of anger tell me what kind of response has not. elsewhere. there are we seen
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a series of violent demonstrations not limited to but certainly beginning in the summer they came over from mainland europe where they started in greece and then in barcelona in paris still say and then moved over to england really and swedes this is the third big demonstration that we've seen also in ireland this week we've seen big demonstrations as the irish parliament voted on that toughest budget in irish history and that was in response to say that they would qualify and secured a one hundred fourteen billion dollar bailout from the i.m.f. and e.u. interestingly though we've heard in the papers this morning that allied irish banks which is one of the banks that's been bailed out they're planning to pay food scene million euros in bonuses to their employees take the fourteen forty million dollars in bonuses to be paid out next week immediately in the wake of that austerity budget so there's bound to be an awful lot of anger at it on top of the anger that
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there's already been we're also seeing anger in germany because of course the person who pays the most bailing out other countries including ireland and greece is the german taxpayer and germans are really starting to think to themselves it's not fair that we should be required to bail out these countries you haven't necessarily manage their money particularly well so we are not expecting this to be the final demonstration on the streets of london or indeed elsewhere in europe so even though there is a lot of anger spreading across many parts of europe and again we're looking at some very impressive live pictures here of of the throngs of our students behind you and here we have these aerial shots looks like the police are quite seriously outnumbered by the protesters who wish you all the best of luck in those crowds lorimer there reporting for us live from london thank you very much. well jeremy corbyn labor member of parliament in london says that wealthy speculators behind the financial crisis are still able to profit. what we're seeing is the end of
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access to higher education for people of average and below average incomes it's going to be the preserve of the wealthy or in the future this is cutting of the core of society those that created this economic mess that we're in are the ones who should pay for it to transaction tax a wealth tax a tax on the very wealthiest people in our society would help to close the gap there is no need to basically hit the poorest people in our society in order to pay off this debt in march in time we need a more sensible more rational more humane approach to the whole issue we're not getting that from the government at the moment i do however think. there is a sort of caravan of despair that goes around europe that denigrates people under an economy and then the very same people through the bond markets and making huge amounts of money out of loaning money to those governments the irish bonds for example of being traded at nine percent at the present time way above the current
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rate of inflation and are indeed anywhere in europe and i think that when all the conditions and all the sums and all the investigations are done at the end of this will see that in all this despair some people have made themselves very very rich. let's go back to these live pictures now of these helicon pictures in london as thousands of students are now slowly working their way towards the houses of parliament of course these protests being staged by so many in attendance mostly students that. the british parliament poised to possibly travel to wish and fees for students universities across the country of course there are many economists who say that when you're hiking up the fees for students what happens to the future economy looking at these people here they are the future of the economy and they need education so live pictures here once again from london as the thousands of students are slowly but surely making their way through the police barricades
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towards about. part of those live pictures for you right here on r.t. . across the atlantic there's no suffering from cuts for top financial executives who are likely to enjoy a record rise in bonuses. guys are getting much as their bonus is and they want to celebrate a bonus is and hearty and have a great time. while there's a feast on wall street as billions are spent on luxury in the u.s. economy r t looks at how bonuses and benefits are being cashed in. moscow says it expects nato to explain itself over the suggestion it has agreed a plan to defend the baltic states and poland against russia it was just one of the revelations in the u.s. diplomatic cables published by whistle blowing web site wiki leaks russia's foreign minister sergey lavrov had this to say. they began that planning in december last
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year just as we held a ministerial meeting of the russian nato council where we decided to move on after the two thousand and eight crisis in the caucasus so it means that on one hand needle was talking with us about partnership and on the other was taking decisions to protect itself against us secondly these plans seem to have been improved in lisp on another platform of the needle russia council where president did it would need to leaders approved documents calling us strategic partner so there is a question about when nato is sincere when it's openly talking with us about partnership or when it secretly deciding you monster it's still somewhat different things we've asked those questions and we're waiting for answers. and staying with the issue of wiki leaks and a payment processing company in iceland is planning to sue credit card companies who refuse to allow donations to the site and mastercard have both frozen financial
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transactions meantime the site's founder is in a british prison waiting to find out whether he'll be sent to sweden over allegations of rape or the charges against julian assange dating back to august originally troughed but there reinstatement has led to speculation the u.s. could be using them in an attempt to keep him quiet some high profile american figures have even suggested the internet whistleblower should face execution all of this because secret u.s. diplomatic cables were published that contained criticism of allies but independent journalist antony loewenstein in sydney says even if assad is silenced there are others ready to step in. or he is certainly being ruthless for a long time to be u.s. government would like to get a song in silence here when we should leaks i mean that's something that many of us illustrate you need me it's the world fundamentally opposed and we demand you straight in government provide far more support and resistance to those who think
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if they happen one of the concerns that many of us have is that if this extradited from sweden that he will face a political trial rather than a legal trial and we have been attempt to silence him for a very long time once theory is charges so we very much opposed it i very much oppose that possibility but i think it's a real risk and the truth is that if you knock out with the leaks that julian assange is tomorrow someone else we're placing the genie is out of the bottle. and if you want to know more about the effects of wiki leaks revelations and the effects they had around the world you can always find out more on our website that's r.t. dot com there you'll also find other things including how the whistleblower web site could veil the secrets of the russia nato strategic partnership moscow's envoy to dissipate some difficult discussions ahead you can see his interview online. and barack obama faces the second year of blue previous democratic presidents but
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the news example will follow bill clinton jimmy carter think it through with. bonus time is approaching on wall street and to the anger of many the rewards are set to rise but it's not just bankers bonuses going up so was unemployment across america thanks to the actions of those same financial institutions who were rescued with billions of dollars in bailout cash. looks at where that money is ending up. next the sculpture thirty thousand dollars now in the first floor thirty thousand to thirty two thousand if an artist were to illustrate something of today's new
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york city office that fifteen sixteen seventeen eighteen thousand votes nineteen thousand it may just be money bags twenty four thousand dollars to twenty six from you amid the lackluster american economic climate christie's is seeing sunny days and that's painting sold for a little over six million dollars with over six hundred million dollars worth of impressionist and modern art sold this year like this since two thousand and eight we've seen an increasing return of confidence to the art market new york has once again become one of christie's selling sites sixty five thousand dollars what you like you would like to think you're just as wall street's wealthy and powerful. after you think these are back to indulge it pampering at the law at the ritz carlton involves wearing decadent hors d'oeuvres i recommend this skin caviar body cream cream costing more than seven hundred dollars for less than four ounces while
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the caviar facial costs more than three hundred we do have a very very very large corporate following so corporations will come in and get their employees coming at a time when corporate america is banking record breaking profits with fifty thousand. from choice to. business at wembley jewelers has spiked but only those making top dollar can afford pieces with price tags that exceed the average annual income of three u.s. households combined expecting a very very busy talking to. a business boosted perhaps by bonuses coming from a one street less street the symbol of the finance industry the financial collapse and record breaking compensation one hundred forty four million a pair. about four percent from last year's record haul if anyone would know about business it would be we always want to make everyone happy here here at rick's
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cabaret happiness comes bearing lots of skin and beauty but doesn't come free for an evening six seven eight thousand dollars three thousand dollars it's hard not to have a good time when you're surrounded by nearly no uniform of you women who've seen a boom in business as wall street has rebounded and these guys are getting much deserved bonuses and they want to celebrate bonuses and hearty and have a great time from six cravings. to food cravings one hundred and seventy five dollar hamburger served up at the wall street burger shop and we still sell oh yeah handful of you know every mom could get him for ten ounces of kobe beef seared flaw graw age greer cheese and this is kind of where all the value lies this is a white truffle as well as a black truffle as well as gold as in gold leaf flakes to garnish off the burger there isn't anything that's really just make it pretty. particularly pretty for
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financier's working for america's biggest investment banks where employee pay is expected to average how often million dollars or more no such promise is here on main street where fifteen million americans are officially unemployed and u.s. poverty levels have reached a fifty year high forty four million people ironically that figure marks new york city's most expensive residential sale this year a seven floor fifth avenue mansion purchased for forty four million this as more than two million homes have been swallowed up by foreclosure in two thousand and ten still in the early eighty's also in this so-called rebounding u.s. economy. going to purveyors of all things luxury aren't. resurging while the majority of americans are left wondering when life will finally begin looking as pretty as the painting marina port i am hearty new york. gerald
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celente founder of the trends research institute says that wall street is a back up and running and of being once again to allowed to leave the pool behind the gap between the rich and the poor in the us is the widest of any of the industrialized nations wages are stagnant median household income is below two thousand levels it's only a small segment of the top that has all the cream when you talk about those bonuses hundred forty four billion dollars those handful of wall streeters are the equivalent to a country that would rank forty ninth out of one hundred thirty four countries in the world we've said it since two thousand and eight when the top programs began
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it happened in front of everyone's eyes wall street has hijacked washington. so who is the most dangerous banker in america that's among the financial scandals discussed in this week's kaiser report that's coming up in around fifteen minutes time. that owns j.p. morgan the j.p. morgan i was the fed that's part of the u.s. banking cartel jamie diamond is ben bernanke he is dirty underwear and ben bernanke he gives jamie dimon a few billion fresh t. bills and if they don't then jamie dimon says we're going to crash the u.s. economy the global economy by not rolling over this junk diaper debt collateralized by baby poop and you're all entire global economy goes into the into the swamp now why is jamie diamond not in want to animal bay right now being violated by black mortars zero never is down there walking on broken glass eating broken glass why
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why is he allowed to roam free why is your double standard why do people at airports have to have people from the t.s.a. stick their hands up their strength ring up to their elbow and then jamie down with you walking around free as a bird i don't get it he's the terrorist. but moscow is infamous for its miles of traffic jams leaving angry drivers fighting off road rage so obtuse oksana boyko took to the streets of the russian capital to find out how some muscovites learning to enjoy their and less hours in traffic. terrified of traffic. moskos miles of jam snaking back as far as the eye can see and in the midst of a lot of angry drivers fighting off road rage if you want to get anywhere better plan and early start. soon a half hours that's an average time most cool water is found stuck in traffic jams
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every day that's a world record that's quite literally drives people wrong the bad guys consistently wrangle over the air in the area thrivers on the planet. yet while some left red faced moaning about wasted time others are trying to make the best of a bad situation sergei has spent anything five and a half hours in traffic but that didn't knock him for six as another chapel or he uses the daily commute to study foreign languages. which i used to be very first tweet about the term i was wasting in traffic jams but then i came across audiobooks and i changed ago not only do enjoy being on the road sometimes they deliberately take a long road just to finish listening to the past two years sergei has refresh his english and learn some german all sat behind the will conversational spanish is his next goal. is that it's your.
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gas here. and the other way out for stress motorists is bringing some of the comforts of home with them and it go to eleven and suggest sales of car guard jets are on the rise. we see a lot of demand from of the geisha devices we've been built to be to those with so much traffic we have in moscow i guess people spend more time in their cars wishing to be following directions and some resort to even more eccentric tools diary is a well known mosco psychic a few years ago she would a hummer and hired a driver. also she could travel constantly and stylishly through the clogged highways and byways. i keep the sand watch in my car i look at it when i need to make a decision and i have plenty of time for that while moving around the city for me it's a symbol of life a symbol eternity and eternity can seem like
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a very real concept while stationary in your car staring at the brake lights in front that's why drivers are finding new ways to see back relax and go with the flow however slow it's unavoidable artsy moscow. now let's get to some other headlines from around the world at this hour the u.s. house of representatives has approved legislation to stop money being spent on transferring one ton of mode detainees to the u.s. with trials it's yet to be approved by the senate a law was suggested after the first detainee to go on trial was found guilty of just one of hundreds of terrorism charges against him. forces from a touch you can stand have seized more than one hundred and seventy kilos of marijuana on the afghan border drug dealers trying to cross the border under the cover of night escape after a short clash with police more than two tons of drugs have been seized into g q stands since the beginning of the year now russia afghanistan pakistan and you
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could start have agreed to combine joint narcotics operations. and in just a moment of silence here with business news. hungry for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers. of. russia would be soon which brightened if you knew about someone from funniest impressions. he's fun stuff on t.v. dot com. we'll
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. bring you the latest in science and technology from around for sure. we've got the future covered. hello welcome to the business program here in r.t. with me scholem's folly u.s. regulators of frozen assets of unnamed investors who bought shares in russian jews group down just before pepsico announces takeover bid someone use a swiss bank account to buy four hundred thousand american depository receipts which are proxy for when both dance shares on the new york stock exchange it's illegal in most developed markets to use insider information to profit from moves and share prices last july russia adopted a law against insider trading their regulators are still working out how to enforce
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it simple downs a dion's jumped twenty eight percent in new york last week that would have the all named investors a profit of about two point seven billion dollars. now leading softer and produce the pepsi co will invest more than one billion dollars in the russian market in the next three years as according to their local head from on the gutter our c.e.o. was here in russia what a year ago she committed in the noise she committed to about a billion dollar investment over the next three years and we've already invested in the model of a plant south of moscow where we produce t.v. we produce all of our seriously we're going to expand beverage client or investing in logistic distribution centers will be here say p y two systems across the business so we commit to these one billion dollars daily with acquisition of a bill that this will go up. a prime minister putin wants a homegrown pharmaceutical industry to supply ninety percent of essential drugs misprision says he wants fifty percent of medical equipment to be produced
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domestically by twenty twenty analysts say the move seems to conflict with calls to build a more open economy. there is always a constant conflict for government between trying to protect the mustard producers and opening the economy but i will have to help them the opening i mean and in case of the pharmaceutical industry there is a difference between desired and possible most of the world is supplied by the international conglomerates that spend a lot of money on r. and d. to be able to produce new drugs and it's very difficult to supply those all replicated domestically the first time russia's finance ministry sold more bonds that it's off it was investors forced the government to pay a higher interest rate amid fears that inflation will rise next year ministry so two hundred nine million dollars of two year notes as a yield of six point one percent. time see how the markets are before going down here in russia the bourse is a high of
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a slowing of to an opening rally most of the main players are on energy and energy is the best performers lukoil is bucking the trend though shedding more than one point five percent european stocks are mixed this hour with dutch chip equipment group a s.m.l. seven percent off the listing its board of work yes but for the fourth quarter mine is a doing well in the footsie with precedent of three point three percent. over the next three years gas from plans to spend almost ten billion dollars on gas fields a pilot project only a mile peninsula that's according to vettel most newspaper above and then. third largest because it will produce forty five billion cubic meters in two thousand and thirteen and that's roughly eight percent of the companies that the russian gas export will play spend five point eight billion dollars for both and then cover on the neighboring car survive feels between two thousand and seven and two thousand and ten. other news opec appears unlikely to raise or oil quotas when it meets on
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saturday despite a rally in the oil price menaces insists world economic growth can survive with crude at ninety dollars a barrel a cold winter is based on prices and i peg members already producing well above their quotas but any increase would send a clear message to markets that opec is concerned about runaway prices down paying the economic recovery. and that's all for me my colleague created an account for him next hour to take you through the business for the rest of the day for now though stay with us headline news coming up next.
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