find out what's really happening to the global economy is a report on our. end of the. battle against the wall street brutal crackdown supporters for social and financial justice sparks accusations that yes the opposite is just an illusion. happens prepares for the fine just severe austerity feels the same as the greek economy with a government building and only able to meet the e.u. dictated deficit deadlines for this year. russia's forbit ambitions grow as another satellite for its global tracking system glosson launches into space to rival u.s. produced g.p.s. systems. from the russian markets a dip in the red in the early monday's trade extending the biggest course the

decline since two thousand and eight were market analysis in about twenty minutes time in business. this is actually coming to you live from moscow i'm marina joshing a wave of public discontent in the us shows no sign of abating following saturday's protest where hundreds of peaceful demonstrators were arrested sparking accusations of heavy handed policing to finance a wall street activist refused to back down saying more marches against corporate greed and social inequality are in the pipeline artie's more important i caught up with some of those involved. a new season in a different nation the arab spring has become america's autumn and on saturday new york's brooklyn bridge reminded many of

a scene from egypt to here square. here only eight hundred protesters were trapped cuffed arrested and jailed as thousands of activists continued their second week of occupy wall street demonstrations the grassroots movement is campaigning against social inequality and influence over u.s. politics in the interim police conduct against peaceful protesters has come into question. just last week a new york city police officer attacked occupy wall street protesters with pepper spray prompting public outrage and an internal affairs investigation many didn't believe there would be another dramatic confrontation this weekend after what happened last weekend after four women. they were corralled by the police after the n.y.p.d. used heavy handed tactics punching some protesters i think many people didn't

expect that there would be something like that again this weekend so i have heard no reports of pepper spray being used there were thousands of people stuck and hundreds arrested arrested after this were charged with disorderly conduct and summons to appear in criminal court. by sunday hundreds appeared that con wall street it term and to continue their fight against corporate domination once you are not afraid to be arrested anymore the whole entire control of the police state disappears when that happens there are credible possibilities that are open to us and suddenly you can imagine a different world for you but you can be an agent of change the group says it aims to raise national awareness and and change. economic disparity occupy wall street describes itself as a resistance movement inspired in part by it from counterparts we can follow. the

lead of our brothers and sisters all over the world the arab spring in greece and spain and we can see that it did send a powerful message ordinary people are not going to stand for corporate greed anymore and that we're giving up we're doing something about it. and the reason these activists are doing something on street rather than washington is because they say you have to follow the money begin where the largest campaign contributions donations and lobby groups come from and if. we were told it was forgery for every four years of. bush. before that his father the bush dynasty corporate greed goes all the repeat president i think this is where they are going to be impulsive it stars at wall street it is true that these demonstrators come here with a variety of different messages but what is uniting what unifies that is a growing frustration over the u.s. economy social inequality and corporate influence on u.s.

politics these protesters say if american leaders can't act it will be the american citizens that stand up for their rights reporting from wall street more important party here. also crack down wall street and the way existing financial institutions are ran show that u.s. democracy is just an empty phrase that's according to u.k. based investigative journalist tony gosling. i think we're dealing with people who are absolutely in denial they're not interested in what he ordinary people want and i think this tells us the scales are falling from our eyes this shows us that america is not a democracy they're not listening to what the people have got to say i need ordinary people coming up with their solutions because those people charged with running our financial system have not just made a mess of things they have actually orchestrated that system in their own interest it's absolutely inexcusable for the police to be wading in in a democracy note in a democracy and for these do not write into peaceful demonstrators as they have

been in new york so i think this is another indication that america's democracy is actually failing us at the moment it's failing the world and it's absolutely not on for them to be going around the world so-called spreading democracy when they haven't even got democracy in their own country you know in their own government institutions they need to be listening to what these people have got to say in the course they're not listening to their editor of independent news websites as the main question now is whether a largely supported and wall street movement is likely to turn into a strong political force. as we see now of course these protests are not just taking place on wall street are now starting to spread across the country which is a sign that there really is something going on here and that will start to spread even further and and that's the type of situation that could lead to an american spring as it's being dubbed now i see that there could be that possibility of escalation at this in the winter i would say that the momentum and probably the p.r.

win is on the protesters side because no one likes to see the police going in and breaking up a peaceful protest movements like that and especially now that we're getting reports that the protesters were actually lured onto the bridge and then trapped so so it's very interesting to watch how this will play out and i think at this point as i say the protesters are probably winning in a p.r. game but but again i think there's a there's a much larger political movement at stake here and it really does remain to be seen whether there can be some sort of coordinated action on when the only from the federal reserve and the privately owned banking sector central banking system of the united states. and other showcase of public anger is evolving in the u k. george you people post what you post the really cool shit taking. tens of thousands of people the samovar manchester to take part in a march against government cuts also a little later in the program. identity crisis parents and teachers across france are enraged by new school books that revised historical accounts in the name

of political correctness. the greek debt crisis has taken a sharp turn for the worse as its government declares it won't be able to meet key mandated deficit deadlines for this next year revelation signals doubt the shocking degree of a stare he imposed by athens on its people has failed while sending the economy into an unmanageable contraction especially worrying given that e.u. dad inspectors in greece are currently deciding on whether to release more funds for the country the country's government has said that unless it gets that money it won't be able to pay its bills for this month r.t. sarah ferguson looks a just word this now puts the embattled country. greece now to fold that's the million dollar question to be more exact the four hundred fifty billion a year a question with the tape that greece now. above could never be live.

you have been very good. for. your use of government you need. or or or i don't know what to believe from. the big governments running out of options they can keep trying to impose these will start that would likely lead to more of the violent clashes we think between riot police and protest the in the last week the month all they can instead choose to default that year as they need to have insisted that default is not an option they can stand that was greece to do you say. it could spark a financial meltdown in the usa but there's now a growing recognition that behind closed doors other options are being considered every called differently of the cards has been on the cards now for a year and a half or probably not a card because when you have a dead holder hand over the exorbitant sites that we have here in greece it is

impossible to imagine the prostrating it can be a means by which it wasn't so the default was always going to happen as it's a full speculation rumbles on it's become clear there are fundamental flaws in the u.a.e. zane's operation i think europe citizens have a right to know what the causes are at the moment they're being deflected from various causes and they're being asked to blame little greece little greece however idiotic it may have proved in the past. and never was incapable of spearheading a global financial crisis see just who is to blame for what we are experiencing in greece would be. using new kind of war using international of. all of the international financial crimes for the past eighteen months the greek government has cut wages rates taxes pensions and in

return received billions of year in bailout funds now as they await the next eight billion cash injection many are left wondering if it's all been worth it. when we first. know we have fifty and then. one. night so in just two years after all of this for the people in this part of the. with protests and strike action now an almost daily occurrence greek government faces a huge crisis of confidence among its electorate financially in the red politically in the dark greece's population

a losing their patience if greece goes default the future of the eurozone looks extremely uncertain indeed but many people here feel that not to do so is to risk their country sinking deeper into financial and economic ruin sarah firth r.t. athens and coming out later this hour are to. crossed our gas whether social prosperity and a strong economy are still pillars of western democracy used taste or. we have governments that. hinder creation they hinder innovation you're going to keep it steve it's not clear to me it's fair to say that it's made me seriously that is just a good thing and take it all in to everyone on the panel is that you know we have a less troops that voted for these kinds of programs for decades ok so don't say governments i mean if we're talking about people voting for politicians that say give me more and more and more and make other people pay for it later or maybe we

can sometimes some commonality that i agree with that i originated with or any other really major was reassuring up the risk go ahead i want richard in new york to go ahead yeah let me just respond to one thing that this notion that governments are acting as if they are the origin of what they do governments are elected and under enormous pressure from their constituencies and to explain what governments do without and that'll izing who's pushing them to do what is a very strange logic. the case. of. russia has launched and now there are satellite into orbit as part of its global navigation project glance this means the system is now fully operational and can provide global coverage our speed all over it tells us more about the new arrival to the us authorities g.p.s. system. well this is the twenty fourth subtle eye that's being launched as part of

the cologne us system twenty four the number the minimum number the glowing us needs to be able to provide full global coverage now we will see four more cloner satellites launched throughout the rest of the next year and not beat the required amount which they set out to provide the best service to customers they'll be looking to use this now it's been a long old road for blowing us from its first development back in the eighty's as a as a development project by the u.s.s.r. it was then taken over by russia and they've been trying to get it up to speed to make it a valid rival to the g.p.s. system produced in the united states now it has been a rocky road as well just their last december three corner satellites plummeted out of the sky into the pacific ocean setting back the development of the system and in

fact this launch this twenty fourth launch that was delayed itself it has been it was put back by the crash at the end of august of this year of a progress module on its way to the international space station so this is finally happened now the twenty four satellites are in orbit it gives corners global coverage they've got to see what they can do with it now the specialists say that cloned us can provide precise coverage up to six meters on the ground now what that means is they can place you exactly where you are on the earth within six meters no take this for example with the g.p.s. technology you say that. they can place you accurately within seven meters so they are going to have to try it the the target for glowed us now is to convince consumers and convince manufacturers of products that need global positioning technologies that glowed us is the one for them and that they should move away from g.p.s. we're going to have to wait and see just how successful these continuing tests are

before we can see gload us as a dominant brand in global positioning systems. it all over already there well if you're still curious we've got tons of material covering every aspect of the human race to the final frontier both on our website and at youtube dot com slash r t from all the manned space launches of the last few years to the final missions of the now retired american space shuttle fleet plus all the fail the teams along the way and all that and more at you tube dot com slash r.t. . if you. do. you.

and thousands have marched through the northern border city of manchester and the other protest at a stair he cuts to public services and pensions a rally in opposition to the governing coalition and organized by trade unions coincided with the ruling conservative party's conference in the city artie's lore and i was there. the conservative cause a conference has started its head mansion and the movement politicians and delegates started to arrive this happens overnight and that's made thirty thousand people are turning out for this march through the streets of manchester to protest what the coalition government is doing in the way of cuts and you literally got pool full of people hey you've got the older generation saying hands off of pensions you've got to sort of middle age generation who failed at their job because as money to public services slashed you've got the very very young who are

worried that things like no serene's and provisions for education will be cut and of course not just have the money the student population got a lot of students turned out much like in all the marches that we've seen across the country turned out to protest against the rising cost of education i spoke to some of the people who are here to ask you just why they thought it was important to take a simple move we send a message to the good moments in covering all school in particular that the people on really to colby's and put the police overseas. to put so that the government knows that majority of people post what we do are usually those who should taking just a paycheck you should have to join the give a child one of which you try and do to move you up we will bring this government down and bring in a government that doesn't offer working people now look at the finest state you can see here around me are calling for a strike on the thirty if that made them that they calling for

a general strike the public sector workers to down leave why should the government just exactly what it would be like in public so i can didn't in fact show up in the mornings if that's what they're planning to do a lot of the biggest unions in the country unison yes they have all turned out ok today to say we were down to the thank you today but unless you promise that you're going to make these deep cuts in public sector funding that you'll pay that you the rules say. a big family vacation. granted reporting there now a brief look at some other stories from around the world fight he has resumed alleviate the siege city of syria after a two day truce to allow civilians to leave the battlefield expired in warplanes have carried out new airstrikes while revolutionary fighters continue their offensive against defined khadafi moralist on the eastern front lines the city is facing a humanitarian crisis with people being driven from their homes by fierce fighting and a lack of essential supplies aid agencies say those trapped are in desperate need

of medical help. pakistan is strongly denied afghan claims that the state's spy agency was involved in the assassination of kabul's and boy four taliban peace talks called the allegations baseless and seventy goshi are former presidents of. was pakistan's friend rabbani was killed in a suicide bombing last month afghan officials to spec is behind the murder and claim they've already provided pakistan with supporting evidence. for healthy in bed for statehood is being considered now in the un security council total of nine out of fifteen votes are needed to push the application through for the while u.s. defense secretary leon panetta on his trip to the middle east as war in israel that is becoming increasingly isolated in the region he urged israel to restart peace talks with the palestinians and restore relations with turkey and egypt palestinian

leader mahmoud abbas told r.t. arabic he's fears the u.s. will pressure of the u.n. security council members to vote against a bid for entry is coming next hour here on our t.v. but here's a preview. just for the right to veto we knew in advance and we were notified that washington will use its veto jury and voting in a bid it's clear that the u.s. as the dominant. world power wants to extend its support wisdom but what concerns us most is that the u.s. wants to force all the countries that took part in the general assembly big and small alike particular the members of un security council to vote against palestinian membership in the un this is the key concern for us all the member states of the security council have the right to use or as i would put it misuse their right to veto of course such a decision will be regrettable. whether

they realize it or not french school kids are learning a serious lesson in the power of political correctness across the country parents and teachers are enraged by new tatts books which carry revised historical accounts to avoid insulting minority peoples as artie's there was all reports nanny french fear their identity will soon disappear along with their history twenty pages on the history of black slavery and just six on the time of the polian shown here sitting on the toilet for all this is new history school books are in breaching parents and teachers who call it political correctness gone. this author's bestseller on the because of from boyle and so i had thought that. if we didn't teach our minorities the history of their adopted country they don't feel french we are already seeing riots in our streets the crusades the called insulting

to muslims the sun king louis the fourteenth to imperial. as the colonel gadhafi often is they focus is now on the previously little known king. of thirteenth century with africa. the purge even extends to reuters studied the world including les miserables the victor hugo france is already breaking up things professor casale because it's young people have no sense of identity parents are concerned we have with. the worth pages of our history because if you're going to understand that what happened for politics now in france if you don't understand the history. you want to understand and to avoid properly legal actions seen as the only way to stop the green movement of national history or the. schools now give ten percent of their share your to the needy will african well inquire i studied it and what

exactly is it contribution to world development. thousands of signed a petition of the french revolution lessons were replaced by the african kingdom of more than multiple which many say they have never heard of the ministry of education refused to be interviewed but gave us this statement where a change in the school curriculum to reflect globalisation one of the thomas being taught because it's important to have a view on other worlds cultures such as egypt china and india the new european parliament reports back to compulsory school lessons on the benefits of the e.u. from quote a very young age critics want kids learning less and less about their own country states which stop teaching their poles they say consigned themselves to history the new push to r.t. paris. brings out the me here in r.t. and i'll be back with a recap our top stories shortly for that will take a look what's happening in business with here.

thanks that's time to delve into the world of business and the recent spike in economic uncertainty has resulted in heavy selloff in the russian markets fear of risk has been hitting it even harder than other emerging markets course with a from trying to dial it believes that's just structural weakness in the country's economy. we have a relatively weak domestic economic base compared to other big emerging markets it is we're much more vulnerable to a global recession because of the potential weakness in the oil price and the price and demand for other commodities and the second reason why we see more volatility is because russia doesn't have a strong enough the mystic capital base. you know because we don't yet have you know extensive structured pension funds and i'm structured savings schemes as is the case in most other markets we are very reliant on foreign capital flows to

a much greater extent than other emerging markets so when there is any reason for investors to be nervous about global events they will take their money out of emerging markets and we do not have the substitution of domestic money which countries like brazil india and china do have. let's take a look at the markets now occurred as extending losses from one yellow ones concern slowing u.s. economy and europe's debt could cause fuel demand investors expect reports to show that a factoring in view has badly croons tempered lights which is trading at seventy seven dollars per barrel while brand blanche is that i will one hundred one dollars per barrel. the markets in asia shopper lower on monday and reports say greece's new budget will fall short of the security targets in hong kong financials a missile strikes are leading the best sell off bank of china has done almost five percent aluminum think gratian of chinese losers and through a half percent the solid exporters are under pressure interfere with so deep down

in the six percent. treasure of the installed supporting shopping on monday after the greek government can only still do we can and that it will miss its deficit targets this year just while surging measures. can finally here in most of the markets have opened deeply in the red for the overseas losses a report by emerging portfolio fund research says the phones investing in russia stalled so it seemed cash flow almost tripled in one week brain like the sentiment arkansas' drinking global economy could hurt the country's morse produces let's take a look at some moving to digital sherm who's the most it's energy may just autumn on the main retreat just here with both gospel and course nothing losing over two and a half percent and financials also under pressure with countries because lenders drove drunk more than still a cent in the red. have russians are rushing to sell the country's currency as the ruble gets weak and sells reached one hundred forty five billion rubles equal truth

for the whole of billion dollars that's the highest level since two thousand nine hundred whether it's still much lower during the financial downturn their level drops to a two year low against the dollar in the previous quarter as a comic concession to change and bust appetite. for risky assets. and brushes rising over gas prone to cut gas prices turkey has decided not trying you a supply contract because castro wouldn't agree to provide a break of discount contract provided a third of the eighteen billion cubic meters of gas shipped from russia annually the turkish i'm sure ministers as they should this should not cause disruptions as product companies could come to terms with task if they want ankara is complaining that the price of russian gas has risen thirty nine percent in two and a half years. plus all the business for now in europe today for more stories check call that side that starts the dot com slash business.