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tv   [untitled]    October 3, 2011 1:00pm-1:30pm EDT

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market why not. find out what's really happening to the global economy with much stronger or a no holds barred look at the global financial headlines. there's a report on our. minds of our team the forceful break up of a rally address a joint stop at two wall street protesters gathering steam in the u.s. as people frustrated over the state of the economy say it's time for an american spring. strobing reports from the two besieged gadhafi strongholds where witnesses say libya's revolutionary forces are attacking civilian homes randomly in their bid to take the city's any cots. multiple rounds of a sturdy cuts fail to help greece deal with its deficit putting a new e.u. cash injection in jeopardy south it's admits it won't be able to meet a critical deadline. at russia's latest launch of the obligations satellite brings
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its goal in a system up to full strength and gives the global coverage for the first time fifteen years. caution r t coming to you live from moscow thanks for joining us now our top story protesters continue to gather on the streets of new york following saturday's brutal showdown on the brooklyn bridge that saw more than a seven hundred people arrested in movement called occupy wall street is promising more marches against corporate greed and social inequality are things marina portnoy a caught up with some of those involved. new season in a different nation the arab spring has become america's autumn and on saturday new york sparkling grades reminded many of a scene from egypt to here square was. nearly
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eight hundred protesters were trapped arrested and jailed as thousands of activists continued their second we occupy wall street demonstrations the grassroots movement is campaigning against social inequality and for influence over us politics in the interim police conduct against peaceful protesters has come into question. just last week and the york city police officer attacked occupy wall street protesters with pepper spray prompting public outrage and an internal affairs investigation many didn't believe that there would be another dramatic confrontation this weekend after what happened last weekend after four women were pepper sprayed. 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 though i have heard 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 appeared 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 state disappears when that happens there are credible possibilities that are open to us and suddenly you can imagine a different world you can be an agent of change the group says that aims to raise national of weariness and change on the. because economic disparity occupy wall street describes itself as a resistance movement inspired in part by counter we can follow. the lead of our brothers and sisters all over the world care of spring in greece and spain and
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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 wall street rather than launching ten is because they say you have to follow the money begin with the largest campaign contributions donations and lobby groups come from school for the students we were told it was for. four more. years. before that is father to bush dynasty i mean corporate greed goes all the way people think this is. a separate story. it is true that these demonstrators come here with a variety of different messages but 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 the american citizens that stand up for their rights reporting from wall street more important part see here on. our website r.t. dot com are interested in your opinion of the occupy wall street protesters and that so far the majority believe we're witnessing america's only arab spring about a quarter consider the protesters victims of peace repression thirteen percent think they are a crowd agents and a minority feel they're nothing more than troublemakers all log on to our tea dot com and have your say. aloud on the board activists and journalists in new york joins me live via broadband to discuss this story mr barr so we're hearing the protesters are continuing their action we've heard that it is not just in new york but in other states as well does this have a chance of growing into a nationwide movement. and he doing that if you go to occupy to gether the toward the website that lists the actions around the country you'll see that in boston san
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francisco los angeles other places they've already had on hundreds or thousands or even tens of thousands of people out in the streets this past weekend aside from what happened in new york and the most interesting part of it is that they're not just marching they're holding people people's congresses or what they're calling general assemblies where they are sitting down and allowing everyone involved to help them assemble a list of demands which they then intend to make you know historically when that happened i was just reading a piece that was published in moscow actually ninety four years ago this past july that begins if you drive nature out of the door she will rush back through a window and your reporter greener was right that people have no confidence now in their economic structure and they're in horrible economic straits no confidence in the political structures i mean the polling data for congressman sweeney fifteen or twenty percent positive the condition is such that sixty five percent were polled
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are saying that they have less than a thousand dollars in case of an emergency in terms of net worth and they have no health care this movement is being joined by unions this past weekend in new york city and coming up even the working families party in new york is planning this wednesday to join with the protesters and also student organizations around the country are starting to organize both with the protesters in their city downtown and also on campuses this is the potential in the environment of where people are frightened and have no confidence in their structures of becoming explosive ok well as the second seems to grow as what you're seeing will also be seen a lot more on police on the ground and the internet for example is abuzz with the videos of what were violent scenes on wall street and the brooklyn bridge what do you make of the police response well the most important thing is what's going to be the. that it has and see before many of these people who are now hurting that were formerly middle class or believed they were middle class while they were spending
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borrowed money are starting to feel the wrong end of a billy club or senior kids feel the want of a billy club so what they saw before when minority kids were getting beat up on television or others that's something alien to then they're going to internalize it very quickly and you're going to see a huge turnaround i think in the public's perception of where they stand in relation to the power structure that's a direct consequence of the police beating people up who are making legitimate demands basically for the right to live in security ok and that it's a media coverage than yourself you're a journalist all right after the show down on broken branch and there have been as some people have had them on the show as well claiming that means us and he didn't seem to witness that and what is your take on that was needed coverage prevention with what exactly what was happening on the streets i'll say first of all thank god for or to come because the coverage here has been horrible to the extent that it is just been covered at all it's been covered either as like
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a football game contest or as you know there's violence there and it's imputed to the protesters. the part that's useful to keep in mind however is that the media here have already spent their capital in terms of people believing what they have to say over the last ten years politically dealing with iraq and afghanistan and all of that and particularly since the economic collapse in two thousand and seven two thousand and eight what comes out of the box does not correspond to people's realities and so they have been looking at alternative media and they have a direct feed right now there's six thousand and sixty five hundred people around the world watching directly from the cameras in new york city what's going on there any other places are doing the same thing so the media doesn't really matter as much as it did and finally i'd like to say they had media in egypt to western media . included the use the same techniques and it didn't stop the people's revolution at all ok let's talk about of main street wall street will be
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a main target of the protests and he could washington become the target i mean if we're talking about a financial crisis it was the government who did give a lifeline to these bailouts of these banks and bankers do you think people would turn their attention there or why are they on top of a six this thursday they are turning their attention there's going to be a massive rally that's linked to all of these other rallies around the country taking place in washington beginning thursday and they say they're staying there until they see change ok well that thanks very much for your insight there don of our activists and journalists are to us live from new york city thank you thank you very much. are well in a few hours r.t.s. peter lavelle and his gas discuss who if anyone is influencing the decisions taken by governments well here's a preview for you. governments nowadays is not doing what its public wants of doing what its interest groups want at the moment goes interest groups of all the unions and the more of a corporation. everybody is treated in this election has to go ahead
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steve sledge there's a lot of extraordinary hazelton well termes a 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 now is trying he and powerless says this is a soon to see. now as the forces of libya's new rulers continue their siege of the two remaining often strongholds we spoke to an eyewitness a woman from tripoli who asked that we call her was it but he will need a day ago all speaking in a low voice and fear for her life she said that former rebels care little about the wellbeing of civilians.
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i want to keep working with the active. support including i think that because. i think. it will be crazy to believe it. if it were true you can't keep it going to be. you cannot. deal with people in. the morning. before they can be completely you. know we also spoke to a man who escaped from by he wanted to the capital tripoli three days ago and he asked only to be identified as rossi and he said nato is now bombing indiscriminately. very very need not copping.
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out you know they want bombing only the military but right now they are not true complete between the military. people. bring you know from food water. or water and they want to come rocking to come back. missing in the arguing of people around being being cute one of my members. today here on the video. also ahead for you this hour with the palestinian statehood bid at the u.n. is really about art he asked about behind it mahmoud abbas and he says he's challenging the existence of israeli settlements not the whole of israel. greece has admitted it's still not able to deal with its deficit the key demand of its international creditors well that's even taking into account mass layoffs announced on sunday and a new round of austerity cuts which still need parliament's approval parties are
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for a book set just where this now puts the battle nation. will greece now default that's the million dollar question exact four hundred fifty billion a year a question. that greece now is about could never be and let's be serious you think about greece ever foregrounded few billion euros of government there you need to be if you would or or i don't know what to believe something the government is running out of options they can keep trying to impose the state they'll start the measures that would likely lead to more of a violent clash at the scene between riot police and protesters and the last week the month or they can instead choose to default the year is a new leaders have insisted that default is not an option they're concerned that were greece to d.c. it could spark a financial meltdown in the usa there's now
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a growing recognition that behind closed doors other options are being considered a group called is different of the cards has been on the cards now for a year and a half or two crowds because when you have a debt holder of the exorbitant size but we have here in greece it is impossible to imagine that the story. and means by which you can use it so the default was always going to happen is that the first speculation rumbles on it's become clear that there are fundamental flaws in the euro zone's operation i think europe's citizens have the right to know what the causes are at the moment they are being deflected from the real causes and they are being asked to blame little greece little greece however idiotic it may have proved in the past it is and never was incapable of spearheading a global financial crisis see just who is to blame what we are experiencing in greece would be if there is a financial. and if using new kind of war using
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a good match. all. for in. the past eighteen months the greek government has cut wages great taxes pensions and in return received billions of euros 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. there was a. series that this is going to be the one. nine so in just two years after all of this for the people of this there will be of course not.
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protest and strike action now and almost daily occurrence greek government faces a huge crisis of confidence amongst the electorate financially in the red politically in the dark he says population leasing their patience if greece does default the future of the eurozone looks like strongly uncertain indeed but many people here feel but not to the say it's through their country sinking deeper into financial and economic ruin. athens britain may not be part of the euro zone but its economy is suffering on the same log on to our to dot com and find the latest from manchester where an angry crowd of thousands of protesters say cuts are not cancer. russia has launched another go on us navigation satellite into orbit bringing the total number to twenty four well it means it now has the same global coverage as
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the widely used g.p.s. system r.t. scooter all over has the details. well this is the twenty fourth suttle i puts being launched as part of the glue in us system twenty four the number the minimum number that clone 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 repeat 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 though it has been a rocky road as well just there last december three grown our satellites plummeted
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out of the sky into the pacific ocean now the twenty four satellites are in orbit the specialists say that glowed us can provide precise coverage up to six meters on the ground now take this for example with the g.p.s. technologies they can place you accurately within seven meters the target for glow the us now is to convince consumers and convince manufacturers of products that nice global positioning technologies that glowed us is the one for them and that they should move away from g.p.s. . well if you're eager to discover more on trips to the final frontier log on to the special section dedicated to space exploration on our website we've also got plenty of spectacular footage shot at you tube dot com slash our take. off from the final missions of the doubt we're tired of america the space shuttle fleet of mysterious but if you have balls like you tube channel it should be your first stop .
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if. you go to. the arab league says it will compensate palestinians after the u.s. cut its aid payments america froze two hundred million dollars in response to palestine statehood bid up a u.n. official say though that they won't follow suit and say that application was submitted to the un last week and is now being considered passing him leader mahmoud abbas told r.t. added that the bill should not be seen as something the pressure is israel's right to exist while the full interview is coming up on our next hour but here's a preview. and the moment we do not want to challenge the legitimacy of the state
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of israel israel is of granted strange and we have recognized it if the arab peace initiative had been adopted fifty seven arab and islamic states they would have followed suit and recognized israel that means that we support the existence of the state of israel and do not want to challenge its legitimacy or seek its missile a should the only thing that we want to challenge and the legitimacy of the policy of the legitimacy of israeli settlement activities. this is all right. let's take a brief look at some other international headlines now a massive fire is raging at a u.s. chemical plant outside dallas in a texas there is believed to be eighty thousand gallons of potentially hazardous liquid stored out the plant the blaze is spreading quickly putting surrounding areas in danger residents and students at a nearby elementary school were told to stay inside as possibly dangerous gases
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could be released. the nobel prize for medicine has been awarded to a canadian born scientist three days after he died the nobel committee only found out ralph steinman had passed away from cancer after the announcement was made it was not given post posts humorously on the voting committee is now checking its regulations this time it was awarded with two others for research into the human immune system. that of knox has launched a tearful appeal in its hollywood court against her conviction for killing her british roommate well the court will give its ruling within the next few hours expectations are high that knox will go free from court after d.n.a. evidence of the case was challenged knox and codefendant rough else unless it were convicted of murdering at meredith kercher in two thousand and nine but they've always insisted their innocence. back shortly with a recap of the headlines but first the business news of korea.
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so welcome to our business this hour 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 than other emerging markets chris we've heard from troika dollar believes that stooge to structural weakness in the country's economy. we have a relatively weak domestic economic race compared to the other big emerging markets are just we are much more vulnerable to a global recession because of the potential recruits in the world price and the price of oil and demand for other commodities under 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 have you know very 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
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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 take a look at the markets now european stocks ended lower on monday with banks leaving losses on reports greece will not meet its deficit targets this year banking stocks among the biggest dollars on concerns about their exposure to greek government debt in the u.k. shares in barclays fell four point seven percent of world bank of scotland last five percent germany commerzbank fell seven a half percent called ocean bank last week. and russian stocks and monday's trading session deep in the red after the biggest quarterly to clients since two thousand and eight when on a sense of concerns a shrinking global economy could hurt the country's commodities producers a report by emerging power for you fund research says that bonds investing in russian stocks have seen cash almost triple in one week now let's take
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a look at some individual shelves of my six most energy majors fell with gazprom last musing over one percent the company has announced that it plans to start gaston over into europe by the north stream pipeline on the back for a financial as were also under pressure with the country's biggest lenders bad bank finishing over two and a half percent in the red and drug maker from standard it raised going to go. the company says it could take over one or two of its rivals by the end of the year market analysts are unanimous downward trade fearing the eurozone crisis. continued concerns about the european debt problems nothing as yet has been resolved and obviously investors will history in mind of the non-delivery from european authorities were quite bearish on the on these meetings of your finest ministers expecting nothing to really come. from that for that meeting was a pretty subdued who stocks anywhere between two and five percent across the board
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in russia. as well the business for now for more stories check our web site r t dot com slash business. culture is that so much allaah people at the area will balance it all worth trying
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to finance the life and soul of social democracy in the west an idea once deemed to be part of the very foundation of democratic values. even the likes of this should land a sacred. tragedy is the essence of life. whether it is a buddhist prayer. or a shamanistic which. on the crossroads of children a child's. face is strong and spirit is high. it was created to serve public interests to inform and to entertain. to these days there's nothing easier than opening a new media outlet but there is nothing harder than revoking its license in case of
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corruption. when jews were. in san antonio ways in trying to be the probably going to involved in a community run where you have one large corporation. controlling the daily newspaper radio stations television stations a cable outlet can you tell me the sounds like a martian public opinion versus f.c.c. broadcast blues on archie wealthy british science science american sometimes spies . markets finance scandals find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune in to kaiser report on our cheap.
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