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tv   [untitled]    October 3, 2011 9:00am-9:30am EDT

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the forceful break up a rally. wall street protest from gathering steam in the united states frustrated over the state of the economy say it's time for an american spring. multiple rounds of austerity cuts fail to help greece deal with its deficit getting a new e.u. cash injection in jeopardy as i things admits it won't be able to meet critical. pressures unless there's launch of a navigation satellite brings its global system up to full strength thank you to global coverage for the first time in fifteen years. and in business this hour
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a heavy selloff in the russian market due to the spike in economic uncertainty will bring you want to think about this in about ninety minutes time. just now watch yourself here in moscow and this is artsy with me rule research showing protesters continue to gather on the streets of new york following saturday's brutal showdown. more than seven hundred people arrested the movement called occupy wall street is promising more macho is against corporate greed and social inequality. caught up with some of those in. the new season in a different nation the arab spring has become america's on and on saturday new york's brooklyn bridge reminded many of the scenes from egypt to here square. i.
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nearly 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 corporate 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 believe that there would be you know there dramatic confrontation this weekend after what happened last weekend after four women were pepper spray while 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
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expect that there would be something like that again this weekend so i have no reports of pepper spray being used there were thousands of people stopped and hundreds arrested arrested activists were charged with disorderly conduct and summons to appear in criminal court. by sunday hundreds of people that on wall street determined to continue their fight against corporate domination once you are not afraid to be arrested any more the whole enjoy or control of the police. disappears when that happens there are credible possibilities that are open to us and suddenly you can imagine a different world you believe you can be an agent of change the group says it aims to raise national awareness and change america's economic disparity occupy wall street describes itself as a resistance movement inspired in part by counterparts we can follow. the lead of our brothers and sisters all over the world. arab spring in greece and spain and we
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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 wall 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 its corporate presidencies we were told obama was. for you know maybe four years old billy. bush should do. more than just follow the bush dynasty i mean corporate greed goes all the repeat resident i think this is really the are doing to be impulsive it starts out wall street it is true that these demonstrators come here with a variety of different messages about what is uniting what unifies them is a growing frustration over the u.s. economy social inequality and corporate influence on us politics these protesters
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say if american leaders can't act it will be to have american citizens that stand up for their rights reporting from wall street more importantly party. take a first look at the protests in new york city just head for the free video section on our website of the newest shot by all of these crews who have been following their progress from the available for you to download for free twenty four seventh's two free videos. dot com the son of course author exclusive mr. george says the police brutality will fuel the protests that could potentially overwhelm us. this is one incident of many the n.y.p.d. gone wild last week they sprayed with mace in the face of women protesting they were all someone that spring from a crown they were protesting peacefully when they were mace in the face definitely
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to be or i can difference in these protests spreading throughout america and when they be on the steps of capitol hill or possibly from the white house. from the activist group international action center says the u.s. is preaching democracy all around the world but forgetting about the rights of its own people at home this is really a police efforts to shut down mass the sense here see u.s. government they claim to speak for democracy all over the world are dropping bombs on people and many many countries and here at home when people are involved in democratic protests and demonstrations against the domination of wall street representing really the interests of the vast majority of people the latest polls today show that seventy five percent of the population is sympathetic to these protests. coming up a little bit later today artie's peter lavelle and his cross talk us discuss who if anyone is influencing the decisions taken by the governments as
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a previous. government. is not doing what it's a public wants of doing what its interest groups want moment those interest groups are the labor unions and the more big corporations who pays well. everybody is treated. nicely steve go ahead steve. what an extraordinary. leisure year let's remember one simple fact right in the united states today in the private sector that dominates our economy six point nine percent of workers are represented by a trade union ninety three and point one percent of our working class in the private sector has no union to explain government policy based on the union movement as probably need and powerless as this is a film to see. why from moscow this is arts here and greece has admitted it's still not able to deal
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with this deficit but the key demand of its international creditors that's even taking into account mass layoffs announced just about twenty four hours ago i don't you round of austerity cuts which still need parliament's approval for three ports from the greek. government his that it is not going to be able to hit those tough deficit reduction targets. now that spot that fresh face big we get that next cash injection the eight billion years that it needs to avoid bankruptcy. because the choice called it team here is the name in this type of hammer out some kind of deal and it is worth remembering that at this point what's bicycle race is going to be extremely bad for the rest of the usa it's really in a very tough position indeed all these messes him. to try and avoid default which is many people i can speaking see here in athens is that really at this point the inevitability to greece now to fold that's the million dollar question or to be
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more exact the four hundred fifty billion euro the question. that greece now is about could never be. you think about greece over four hundred fifty billion euros of government there you need to be if you or your or i don't know what to believe something big government is running out of options they can keep trying to impose the state will start the measures that would likely lead to more of the violent clashes they seem between riot police and protesters in the last weeks and months or they can instead choose to default the year using leaders insist that the fault is not an option they're concerned that we're creased it could spark a financial meltdown in the usa there's now a growing recognition that behind closed doors other options are being considered.
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called different of the cards has been on the cards not for a year and a half or two cards because when you have a dead overhang of the exorbitant size that we have here in greece it is impossible to imagine a posting. means by which if you said so before it was always going to happen is that a full speculation rumbles on it's become clear there are fundamental flaws in the euro zone's of for a share i think europe citizens have the right to know what the causes are at the moment they are being deflected from various causes and they are being asked to blame little greece little greece however idiotic it may have proved in the past is and never was incapable of spearheading a global financial crisis who is to blame. our experience in greece will be. using new crimes of war using international.
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financial crimes in the past eighteen months the greek government has cut wages raise taxes just pensions and in return received billions of year in bailout now as they await the next eight billion cash injection many are left wondering if it's all been worth it. when we first. got it was about. over one hundred fifty in the. series that it is going to be in the one. nine so just two years after all of this for the good people of this like me some of the. protests in strike action now an almost daily occurrence greek government faces
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a huge crisis of confidence amongst the electorate financially in the red politically in the dark he says the population leasing their patience if greece does the focus of the year is only six string me uncertain indeed but many people here feel that not to be so is to risk their country sinking deeper in financial and economic ruin. athens. part of a euro zone but its economy is suffering the same report from manchester an angry crowd of thousands came out to protest to say cuts and not the arts. you with r.t. russia has launched another glowing ass navigation satellite into orbit that brings a total number now to twenty four it means the system has reached a close coverage matching that of america's g.p.s. but in spite of all of our reports well this is the twenty fourth subtle eye that's
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been launched as part of the 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 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 glowing us from its first development back in the eighty's 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 though it has been a rocky road as well just there last december three grown our satellites plummeted out of the sky into the pacific ocean now the twenty four satellites our in all fifty specialists say the close us can provide precise coverage up to six meters on
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the ground though take this for example with the g.p.s. technology they can place you accurately within seven weeks is the target for blowing 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. . discover more on the trips into the final frontier just log on to the special section dedicated to the space exploration on our website where we've also got. a call from the final missions of the now retired american space shuttle. u.f.o.'s.
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god whether they realize or not school pupils are learning a serious lesson in the power of political correctness but all across the country parents and teachers are used by some important pages of france's history removed. to avoid insulting pupils and reports many french people fear their national identity disappear along with a history. twenty pages on the history of black slavery and just six on the time of napoleon shown here sitting on
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a toilet france's new history school books are ingredient parents and teachers who call it's political correctness gone mad this author's bestseller on the banned because of front of boy lives ahead. if we didn't teach our in 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 thunking louis the fourteenth to imperial and. as the colonel gadhafi of his day focus is now on the previously little known king came kumu thought of thirteenth century west africa. the purge even extends to grow it in studied the world including les miserables the victim hugo france is already breaking up thanks professor casale because it's young people have no sense of identity parents are concerned we have the third even
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the worth of our history because you can't understand what happens now in france if you don't understand the history. you want to understand and to avoid properly legal action seen as the only way to stop the grim move of mesnil history although all. schools now give ten percent of their share your to the medieval african moline point of our study 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've never heard of the ministry of education refused to be interviewed but gave us this statement. we are changing this call curriculum to reflect globalization when the time has been short 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 listens on the belief of the e.u.
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for a very young age critics want kids learning less and less about their own country states which stop teaching their pulls they see consoling themselves to history. or team paris are the business bulletin is minutes away here r.t. for an hour though the world update for you some international headlines amanda knox has launched a. study in court against her conviction of killing her british roommate the court will give its ruling within the next few hours expectations are high that knox will walk free from court after d.n.a. evidence in the case was challenged and oksana codefendant rafaelle sollecito were convicted of murdering meredith kercher in two thousand and nine but they've always insisted that they are innocent. muslim militants are freed a filipino american woman after two and a half months in captivity in the southern philippines but they're still holding her fourteen year old son and her nephew they were kidnapped in july while on
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holiday the hostage takers going on their shoot ransom but it's not known whether any money was actually paid no group has claimed responsibility for the kids. the arab league says it will compensate palestinians after the u.s. stopped aid payments america froze some two hundred million dollars as punishment for palestine's bid to be recognized as a state at the u.n. and u.s. officials say they won't follow suit the stated application was submitted to the un last week and is now being considered palestinian leader mahmoud abbas told r.t. r a big the bid should not be seen as something questioning israel's right to exist but the full interview is coming up on r.t. next hour but for now a preview. in the manner that we do not want to challenge the legitimacy of the state of israel israel is a valid state and we have recognized it if the arab peace initiative had been adopted fifty seven arab and islamic states would have followed suit and recognized
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israel means that we support the existence of the state of israel and do not want to challenge its legitimacy or seek its isolation the only thing that we want to challenge the legitimacy of the policy of occupation the legitimacy of israeli settlement activities this is our rights and we demanded. about twenty minutes past the hour here in the russian capital tens of thousands of marched through the city of manchester in the u.k. where the main ruling party is holding its annual conference they're angry out of public services and pensions being cut as part of the latest austerity measures lorimer was there. oh guys estimated thirty thousand people are turning out to be smarts through the streets of manchester to protest what the coalition government is doing in the way of power and you've literally got pool full of people here
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you've got the older generation saying hands off our pensions you've got to sort of middle age generation who fear that their job because as money to public services is slashed you've got to very very young who are worried that things like nurseries and provisions for education will be cut and of course manchester have a population you've got a lot of students turns out much like you know the margins that we've seen across the country turns out to protest against the rising cost of education i spake to some of the people who are here to boston just why they thought it was important to turn out simple no we send a message to the government to covering all sporting particularly people on the road supposed to be school kids to be so this is an. absolutely government no the majority of people post will be opposed to the really cool shit taking. the pages that if you join the give a chance to say that what you're trying to move you up to bring this government
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down and bring in a government that doesn't offer working people now lots of the finest that you can see here around me are calling for a strike on the thirty fifth maybe but they're calling for a general strike the public sector workers to town leave why should the government just exactly what it would be like if public sector workers didn't in fact show up for work in the morning so that's what they're planning to do a lot of the biggest events in the country you know since yes they have all turned out here today to say we were down to the best you can a bad but unless you promise that you wouldn't make these deep cuts in public sector funding that you'll propose they give them rules say the prime minister david cameron may say the party is lorimer thing right that would you say with us here and i was kareena with. welcome to our business i'll play the south thanks for joining me the recent spike in economic uncertainty has resulted in a heavy selloff in the russian market fear of risk has been hitting it even harder
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than other emerging markets of course we for from troika dialog believes that that's due to structural weakness in the country's economy. we have a relatively weak domestic economic base compared to other big emerging markets are just we are much more vulnerable to a global recession because of the potential weakness in the old price and the price that and demand for other commodities and the second reason why we see more volatility is because russia doesn't have a strong enough to mystic capital base. you know because we don't yet have you know extensive structured pension funds and unstructured sitting schemes rise 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. to look at how the markets are doing
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all prices are lower on concerns the slowing u.s. economy and europe's debts could fuel to mountains investors expect reports to show manufacturing in the u.s. barely grew in september light sweet is trading at seventy seven dollars over seventy seven dollars a barrel and brant is at one hundred and one dollar. european stocks are falling sharply with banks leading losses on reports greece will not meet its deficit targets this year. by an societe generale down six percent each incomers bank lost over five percent automakers are weighing on the dax with b.m.w. sliding six and a half percent of folks wagon dropping five point three percent and russia stocks extend the losses after the biggest quarter a decline since two thousand and eight going on the sentiments are concerns a shrinking global economy could hurt the country's commodities producer a report by a margin of polling opponents research says that the phones investing in russian
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stocks have seen cash outflow almost triple in one week. looking at some individual shadows on the miles it's right now we see most energy majors down with gas. i'm losing almost two percent the company has just announced that it plans to start just delivered to europe by the north stream pipeline on november eighth but i'm sure they're also under pressure with the country's biggest lenders bad bank. down over three percent and from standard drug makers raised early against the company says it could take over one or two of its rivals by the end of the year. russian markets have ended their worst quarter since the financial crisis of two thousand and eight. and at the volatility with no clear signs of stable recovery in europe and the united states so investors prefer to park cash in defensive stocks the market's going to try and stay with companies that. have a relatively low correlation for fluctuations in commodity prices normally those
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are stocks like robots telecoms names with. relatively high dividends decent cash transparent liquid probably stay away from mining names that normally the opposite have relatively high levels of very high price or strings and what you price is. the russians are rushing to sell the ruble as it gets weaker last month transfers reached their highest level in two years equal to four and a half billion dollars however it's still much lower than during the financial downturn hul has dropped to a two year low against the dollar economic uncertainty tamed investor for risky assets. pressure is rising over gazprom to cut gas prices turkey has decided not to renew a supply contract. to provide a big discount the contract provided
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a third of the eighteen billion cubic meters of gas shipped from russia annually turkish energy minister says that this should not cause disruptions. other countries private companies could come to terms with if they want. complaining that the price of russian gas has risen thirty nine percent in two and a half years. so i have time in about forty five minutes from now are here.
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even the books of this can translate on the secret. project is the essence of life. whether it is a buddhist print. or a shamanistic rich. crossroads of religion. safe and strong in spirit it's hard. wealthy british style it's not on its side of. the. markets why not.
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find out what's really happening to the global economy cause a report on r g. in two thousand and ten especially economic zone for industrial production was established in russia somalia region with a total area of six hundred sixty ekta as. its investors are granted exclusive tax and customs benefits which includes a five exemption from property lands and transport taxes as well as an income tax reduction to fifteen point five percent. the special economic zone operates as a fleet customs own which enables manufacturers to market their products in russia free of employer duties to some our region as he said is currently are.

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