a protest in london ahead of a parliamentary vote. for the mistakes of those holding the post. homelessness in the u.s. . to help. avoid taxes next year. commute. the way. this program.

very well welcome to you. live from moscow london is the scene of mass demonstrations by thousands of students and trade unionists it's the final attempt to block the raising. of the british government is set to vote on the plan the latest in a string of rallies sweeping austerity measures and a budget cuts across europe. is in london for us to gauge the mood in the streets. they gather its head just outside the university of london union about an hour ago and now they've started them march towards parliament if we're lucky we'll see more students coming around the corner and more trade unionists there seems to be more people gathering to join the macho all the time they are just about about three hundred yards ahead in front

of me that making their way towards the houses of parliament their goal is to be m.p.'s directly as they go into that which is expected to take place about six pm this evening at that time the students say they'll be holding a candlelight vigil to try and stop the m.p.'s from voting this measure it actually took a bit more about the issues surrounding these demonstrations that we've been seeing in london and across europe i'm joined by sam bowman he's the head of research at the adam smith institute sam thanks very much for talking to us now let's talk first about something that gordon brown's told the b.b.c. this morning which is that the problems of the euro on more than just their government steps in that he's expecting to see a euro crisis in the beginning of two thousand and eleven do you agree with that what sort of crisis do you think he means well i think for once cornrows actually been right about something i mean it wouldn't take a genius to see that there is a crisis approaching the eurozone a major continent wide crisis i think it is probably because the government wouldn't be surprising that brown would try and excuse ramping up government debt

by a responsible leaders but i think the bailout it just failed to combine markets to go to still extremely high that we see in portugal and spain creeping upwards as well so i think we're probably going to see quite a difficult year for yourself it's not the end of the yourself in the coming months you see this as the beginning of the end for the area saying i think i'm the sooner the better really i think we need to see to start looking to the future and looking at how countries can return to their own currencies turn to a way that they're able to get their way out of these kind of. high or low interest kind of bubbles at the euro was created to get into a position where they have a currency that's suitable for their own economies rather than for france and germany which is. project. will involve the banks and i mean the banks. responsibility we. agreed to pay out four hundred million euros in bonuses just in the next couple of weeks after they've had to be bailed out how do you see that affecting the situation. i mean it goes to show what happens when you. don't.

when you introduce. just people. because there's no danger of collapse and there's no real threat. so i think that what we need to do is be much much more responsible about the banks and realize that if they act badly that the market needs to be allowed to push them down and even. i think. it's a great mistake that it wasn't even from the i've been sentenced to thank you very much for talking to us now we will be at these demonstrations a little bit later we'll be going down to parliament to see what's going on down there we are expecting a degree of violence today this is the biggest demonstration that we've seen so far between twenty and forty thousand people expected to turn out on the streets in london alone to cripple the city and have as big an impact as they possibly can head of this evening so it will be here all day. he's lorimer there reporting from

london and in his latest edition of his program max keiser asks how to stop financial terrorists plaguing the world's economies that's coming up later here on r.t. . and the feds j.p. morgan the j.p. morgan i was the fed that's part of the u.s. banking cartel jamie diamond gives ben bernanke he is dirty underwear and ben bernanke he gives jamie dimon a few billion fresh 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 does john diaper debt collateralized by baby poop and your old tired global economy goes into the into the swamp now why is jamie diamond not in guantanamo bay right now i don't get it. america's largest banks may pay out bonuses in december rather than early next year

so the wall street at least can avoid higher taxes and with homelessness a level not seen since the depression critics have slammed the sums that will be given to bankers off the back of a hefty government bailout to use a marina portnoy looks at this flow of money which many average americans say is going straight into the pockets of the fact cats. next the sculpture thirty thousand dollars not the first or thirty thousand take to thirty two thousand if an artist were to illustrate something of today's new york city office at 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 kristi's is seeing sunny days this painting sold for a little over six million dollars with over six hundred million dollars worth of impressionist and modern art sold this year thank you sir 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 said you would like so you think you're just as wall street's wealthy and powerful. if you think these are back to indulging pampering at the law at the ritz carlton involves wearing decadent hors d'oeuvres i recommend this skin caviar body crain cream costing more than seven hundred dollars for less than four ounces while 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 car to get more. business boosted perhaps my bonus is coming from a one street where street the symbol of the finance industry the financial collapse and record breaking compensation one hundred forty four million pads i. only 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 cabaret happiness comes bearing a lots of skin and beauty but it 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 particularly pretty for 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 us economy. purveyors of all things luxury are in fact surging while the majority of americans are left wondering when life will finally begin looking as pretty as the painting marina port naya r.t.

new york. top executives are skimming the cream off the banking sector increasing the gap between rich and poor with us the. founder of the trends research institute. 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 is below two thousand levels it's only a small segment of the top that has all the creed 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

it happened in front of everyone's eyes wall street has hijacked washington. he is coming to you live from moscow and still to come here on the program how to stay sane in a traffic jam. that it's. nothing foreign languages is just one of the many practical ways to spend time in moscow's tough traffic stay with us to learn more about that. moscow wants an explanation from nato over a wiki leaks report the alliance agreed a plan to defend the baltic states and poland against russia the revelations follow the nato summit in lisbon which has been hailed as a breakthrough in relations between the two sides russia's foreign minister sort of the left off says reports the alliance you know may still consider russia to be a potential threat has put

a question mark over nato sincerity. they began that planning in december last year just as we held a ministerial meeting of the russia 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 workmanship and on the other was taking decisions to protect itself against us secondly these plans seem to have been approved in lisp on another platform of the needle russia council where president did it would need to leaders approved documents calling us strategic partners so there is a question about when nato is sincere when it's openly talking with us about partnership or when it's secretly deciding you monster itself somewhat different things. when asked about the wiki leaks revelations the secretary general of the alliance anders fogh rasmussen refused to comment but nato chief insisted his organization does not see russia as an enemy. and same with the issue of wiki

leaks the swedish government's website is reportedly facing a cyber attack from supporters of the arrested it was a blow as founder julian assange he remains in that british prison and faces extradition to sweden over allegations of sexual assault around five thousand hackers are now reportedly taking part in cyber attacks and it comes as the wiki leaks founder is leading an online poll for time magazine to be named its person of the year amid reports he would be extradited to the u.s. some american politicians have even suggested assad should face execution civil rights activist and liam had alone who is from the songes native australia says there is an ulterior motive for the extradition. just go look at the fact that how often does interpol go off to people on sex related charges it's just don't they both be chasing people for your ex all the charges that relate to sexual offenses

so i think it's completely politically motivated the swedish prosecutors dropped just this case two months ago right and now they just picked it back up again up to the latest release so i always say there's a very good chance that the american government is behind this night no doubt about it you could say it definitely if you say she died from sweden to the u.s. what reports the state say i have no doubt whatsoever that he charges will right allegation charge will disappear and he will be facing espionage charges in the united states. and that's a civil rights activist a live one and speaking right that where you can access more information about our stories all of our stories with just a click of your mouse on our new and improved web site that's on the top com here's a quick look at some of the things we have waiting for you online right now on our friend electric a boy with leukemia sees through the eyes of a robot to keep up with schoolwork while he copes with his long term illness. and

will keep on going that's what tourists say after a spate of mine usual and terrifying shark attacks in the popular resort of sharm el sheikh and the attacks left four people injured and one person dead. traffic jams are a prominent feature here in the russian roads and basically about as prominent as russia's red square moscow's roads are not just by cars at rush hour but congestion continues throughout the rest of the day and this is led some motorists who come up with some. other creative ways to pass the time in gridlock. reports. 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. to the half hours that's an average tired most cool water is found stuck in traffic jams every day that's a world record that's why police are we drive people wrong the bad muscovites consistently rank among the area's drivers 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 after five and a half hours in traffic but that didn't knock him for six as an avid chapel or he uses the daily commute to study foreign languages. which i used to be very first to the bug term 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 but the past two years sergei has refresh his english and learned some german all sat behind the will conversational spanish is his next goal. is that it's your. gas here. and the other way out for stress motorist is bringing some of the comforts of home with them and it go to eleven suggest sales of car guard jets are on the rise. we see a lot of demand for my vacation 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 watching t.v. and following directions and some resort to even more eccentric tools. there is a well known mosco psychic a few years ago she would a hummer and hard to drive or also she could travel constantly and stylishly through the globe highways and byways with. 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 of maternity and paternity can seem like 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 the back relax and go with the flow however slow. artsy moscow. check out some other stories making headlines around the world this hour and in washington d.c. the house of representatives has approved legislation stopping the transfer of guantanamo bay prisoners to the u.s. to stand trial the bill which the senate has yet to approve may cut government spending on get most detainees but will endanger president obama's effort to close down the cuban detention center the move comes before the transfer of the al qaeda

mastermind of the nine eleven attacks khalid shaikh mohammed to american soil. tyler says a military threats cannot resolve tensions on the korean peninsula a statement comes after the u.s. military chiefs assertion that beijing has failed to use its influence over north korea to defuse the crisis the united states reiterated its commitment to south korea's defense as both nations continue joint drills tensions are high after two koreas both of them in fact had exchanged fire late last month. with a series and garza say that a school and civilian houses have been damaged by an israeli military attack the jewish state said three strikes were targeting weapon and manufacturing sites it also said the attack was in response to mortar fire from militants that injured one . what ever since the ancient greek. people have always dreamed of

flying now thrill seekers can take to the sky in some extreme risky ways but without the safety of a plane find out more about the flying machines and their pilots a bit later on here but for the meantime here's a preview. we use special old. mint. ready for a. big game there. those who were previously. to soak. in a free flight. time now for the business news with kareena. hello

welcome to the business program here and a group of french delegates including prime minister france off the loan in moscow for talks on joint efforts in the economic scientific and technical and humanitarian sectors are to correspond bushell reports from the event. we already knew. will be allowed to take control of russia's ailing called manufacture a device that was a quote from chairman's up the head of make a corporation ross technology which controls part about device russia's really i don't think the french model of economy and management data intervention in the economy government backing of mega corporations not just growth technologies and all third nationalize they should all strategic industries also the french utilities key shareholders in those problems may new to the pipelines to europe but north dream and dream russia is also helping to build the

airball fees for which a base in drug trade. almost return to twenty to pre-crisis levels between drugs and russia that almost fifteen billion dollars we expect the number of other deals today notably in energy and coal cover which is russia's new silicon valley project throughout the course of today. promised to put a once a homegrown pharmaceutical industry to supply ninety percent of essential drugs has to put in says he wants fifty percent of medical equipment to be produced domestically by twenty twenty out of the say the move seems to conflict with calls to build a more open economy. there is always a constant look for a government between trying to protect domestic producers and opening the economy but i will have to help in 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

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 to match that quick. for the first time ever russia's finance ministry sold more bonds then it also hurts but investors forced the government to pay a high interest rate amid fears that inflation will rise next year ministry so two thousand two hundred and nine million dollars of two year notes and a yield of six point one percent. now let's look at the markets here in russia the bourses a high and even trading most of the blue chips are climbing with energy majors the best performance be to these bucking the trend setting more than half a percent and you have been stocks are showing an outpoint direction as well and even trading with dutch chip equipment group a s m l up seven percent after lifting its order book estimates for the fourth quarter miners are also doing well in the polls here with personnel over three percent. stocks in the us

a high after employment claims dropped to second lowest level this year stocks are trading at the highest level since september two thousand and eight events riza u.s. wholesalers grows more than twice as much as forecast as companies stocked up to me big sales gains in seven months. washing all telecoms group sistema says net profit rose twenty seven percent on the quarter to one hundred eighty three million dollars revenues grew more than a third to seven point three billion dollars on the year driven by the performance of nafta oil company the company notes its consumer businesses are recovering including banking in tourism however and yearly terms profits were down almost ten percent from the third quarter of two thousand and nine present no need no i mean it outlined the company's investment strategy. thirty june one. investing into. three main groups of industries one the group of

infrastructure projects and the company who's up to dealing with the basic consumer needs so i could be in for good. indications and the third direction is in case you have to know just to invest into the project. and the related would be the state the first generation. u.s. regulators have frozen assets of are named in the investors who bought shares in russian jews group when bill done just before pepsico analysis takeover bid someone used a swiss bank account to buy a four hundred thousand american depository receipts which are a proxy for when the vanish as all the new york stock exchange it's illegal in most developed markets to use inside information to profit from moves and share prices russia adopted a law against insider trading the regulators are still working out how to enforce that when bill dung eighty oz jumped twenty eight percent in new york last week and

that would have earned the unnamed investors a profit of about two point seven million dollars. resolving produce a pepsi co will invest more than one billion dollars in the russian market in the next three years that's according to their local head from one. our c.e.o. was here in russia what our year ago she committed in the new a she committed to about a billion dollar investment over the next three years and we've already invested in that more than the whole plan south of moscow where we produce t.v. we produce all of our she is the is we're going to expand very very supply and are investing in logistic distribution centers we're building it's a p i two systems across the business so we commit to these one million dollars daily with that position of wimbledon this will go on. that's all i have for you this hour i'll be back with more and less than fifteen minutes from now.

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russia's middle east soon which brightened if you know about someone from phones to impressions. moves from stocks on t.v. dot com. from. the. india oldies available games to the move go hard on joyce be otoh it's a marvelous clicking for a photo of the brand imperial tried to toss west coast.