welcome to the program fury of a corporate power in the us is spreading from new york all across the country thousands of joined the so-called occupy wall street movement there i'm good by the economic slump and the role of big business the do with it hundreds of demonstrators have been arrested at this point but as. the reports america's mainstream media has been largely ignoring the rapidly growing movement. taking the big apple by storm. getting arrested by the hundreds. getting netted and pepper sprayed in the face. spending night and day on the far from welcoming streets of the financial district. that's the price these demonstrators are paying to get their outrage across to those holding reins of financial and political power common americans who make up most of this country who don't have access to corporate power and the media don't have many options to get their voices heard those who take specific steps fight for change in the u.s.

are largely getting annoyed and marginalized this artist and activist has been arrested twice i didn't expect to be arrested i didn't expect to get beat by the police i didn't expect to get locked up incarcerated for what i was and i was and i was willing to do that for good cause and for this movement. ignored for the first two weeks of occupying wall street the peaceful movement started taking tougher measures by getting bigger and louder the only way to get the media to notice is to be disobedient you have to stir it up to the people who noticed. the mass arrests have built up popular support for the movement. you know them for putting us through some type of abuse because. you know it's bringing more and more some have sacrificed more than hours in jail to fight against wall street many people have quit their jobs that have come here that's already had. the corporate

media we three into that camp out there does not pay much attention here the sunday front pages of some of america's most read newspapers or ridicules both the form and the substance of the gathering it is equal parts but truly body odor and you're and they're more concerned with. brainwashing people american idol sports drama and pretty much anything to serve as attraction rather than the important issue. right now this is a big report unnoticed by the corporate and political elite it's tougher than ever for those against the system to get attention would even some police officers ready to admit this protest is the way you know that's. the only. way to do what i imagine the occupy wall street movement promises to grow in the months to come and history shows that the voice of the people can't be neglected forever is that r.t.e. new york are at a time now for you to get involved here and tell us what you think about the wave

of protests are raging across the united states cost your vote right now if you can call we're asking you who are the so-called occupy wall street activists checking out the numbers here so far most of you think freedom and democracy five is just like the arab spring activists are the second most popular on lacking a bit behind is that they are victims of police repression and the rest of believe just hide crowds or a simple bunch of troublemakers make sure you have your say at r.t. dot com. demonstrators in the u.s. have been voicing their anger over rising joblessness student debt and police brutality professor alex fatah leader who actually took part in the new york protests believes the ultimate go goal is to change america's political climate. there's a clear sense the united states that the power of wall street is completely out of control and that they are responsible for wrecking new american economy and i think young people in particular feel that their futures have been. before the outrageous

salaries and bonuses earned by the french street executives i think in large part what they're trying to do is to create a political climate where a number of political actors can start to talk seriously about significant ripley forms that hopefully can break up this kind of corrupt marriage between economic and political elites in the united states i think it started more like the indignance movement in screen with young people who felt alienated from both. politics and from the big political institutions labor unions and cetera but what it's more thing into i think is something more like what's been going on in greece which is of who are kind of movement against the politics of austerity that benefits wall street and so that's why we're seeing more labor support more support from community organizations who feel that they're being asked to take pay cuts cuts and services of that wall street continue to enjoy all kinds of tax breaks and giant bonuses. you without seeing you know greece has it once again been left

hanging at this time until mid november you're as i ministers have pushed back a decision on handing over yet more bailout cash things has admitted it won't meet the deficit deadlines despite crippling cuts but the greek a finance minister has said the nation can await one more month for rescue. reports from austerity capital of athens. it's been here on syntagma square that the most dramatic side of this economic crisis in greece has been played out as time and again we've seen people turning up outside the parliament building to protest against the seville starts the measures that they say has to be untenable we find ourselves back in a position where people now are really asking just won't has been achieved by implementing these are sturdy measures the quick government has committed that it won't be able to me as tough deficit reduction targets sent to the whole usa really

about what the implications of that will be the greek government have also brings a measure to put thirty thousand civil servants on reserve that'll mean of a dungeon in the salary for a year. at the end of the year the possibility of dismissal there are great he won't even get back next. year i needed if the country were to stay if labor truly quoted to care in the country at that maybe trying to hammer out the details of that now it has to be studied at this stage it will be only should you get that money because. that would be felt almost immediately bad for greece at this point is also bad for the rest of the eurozone countries and indeed the global economy that is is that it this would have a separate long as people are really asking now whether the euro is a need is it going to be able to come up with realistic solutions to get the country out of the situation that has been criticism from some of the analysts we

spoke into here in athens they said that we've seen the job losses we've seen the cuts wages and pensions of these are people who no longer be able to pay cuts to people who are struggling to pay the taxes and yet the government still seem to be subtlest touch based solution to plug the big deficit in the budget so there are concerns really about the practicalities of any of these measures having. and he also talked about the possibility. and as we said still a lot of public anger at the people here he feels that their lives are being put in a situation that is simply untenable that they can live with. that we've seen so much of the last year was happening big concerns really about whether the usa needed to be able to pull the country out of the situation. i want to despite the ongoing rumors euro finance ministers have rejected the possibility the greece will default on its loans but investment advisor patrick young says i think. the single

currency if indeed it wants to save its entire economy. the european union are trying to take fiscal control of greece because they think that's the only way they can actually control the crisis essentially what is being fought at the moment is a battle for the sovereignty of greece the european union is too slow in doing too little leadership and there is a pig headed intransigence particularly amongst the finance ministers but they're specially amongst the leaders of the european union ations in terms of understanding that they needed to move a lot faster on this crisis they still need to move much faster and ultimately time is running out because greece is leading the contagion that is going to kill the euro by the end of the year if we don't see positive and rough production realistically that action means that greece needs to leave the euro because the problem is we cannot leave citizens of the european union to starve to death

because it suits a troika of international lenders. well while leaders are looking for specific ways to tackle the world's financial troubles some economists say the problem lies deep in the global structure he spoke to a senior sociology scholar at yale university that over emmanuel wallerstein who are things that the modern financial system is actually reaching its natural and. modern capitalism has in my view but that's a long story reach the end of a throw and it cannot survive as a system and what we are seeing is the structural crisis of the system its roots are in many ways the impossibility of continuing the basic principle of capitalism which is. cease this accumulation of capital. and that's the whole point of capitalism as a system and it's it's worked in some ways marvelously well for five hundred years

it's been a extremely successful system in what it has tried to do but it has undone. itself as all systems do it's extremely dangerous to you and to me it's a system in which everything is relatively short term unpredictable if you don't know what's going to happen the next day or the next year then you don't know what to do and. that's basically what we're seeing in the world economy right now there's a paralysis nobody's investing really and if you don't invest that makes the situation even worse but people don't. much choice they're right they don't have too much choice the options are few. and you can watch the full interview in its entirety. what also had.

one of the world's leading. child. the most profitable. wealthy british. market. happening to the global economy

with mike stronger no holds barred. the global financial headlines tune in to cause a report on our. welcome back here with r.t. live from moscow now libya's new rulers have named a new cabinet to govern the country until it's fully secure the national transitional council now controls most of the country but there are still pockets of heavy resistance after a two day ceasefire to allow residents to leave and take it off the troops continue to soften his perceived hometown of the red cross meantime is warning of a humanitarian crisis as the town runs out of essential supplies one eyewitness to the fighting says that he could i think forces are attacking civilian homes wanting to take over the city at any cost.

i know i'm going to think we're going to be. actually out through. here. just because he put him into taxi that if you want it back you. have to keep in mind for me. if you want me to pull the trigger to get. through to you. it's something you cannot do the crew flew. through the bombing. care about three hundred three. and with nato yet to decide when to end this military campaign in libya the author and journalist afshin rattansi told us that it's clear the only point of the war was to divide the country's resources. this is what nato are involved in an action which is obviously contrary to the u.n.

resolution which is supposedly mandated to go in and overthrow the government of gadhafi we're getting reports of electric torture electric shock torture being used by these revolutionaries who exactly are the people that are fighting nato because they may not like get off me they may not like the nato backed troops it's very interesting that the most advanced arsenal in the world of nato is six months on and they still haven't won the country this is all about the idea that these great powers as of old can divide up the resources and the future of the libyan people why they're quiet about it the media kind of got bored after the initial explosions and the so-called attack that they don't even know reporting the bombing of hospitals in sirte it now a quarter past the hour here in moscow a business is minutes away here at the former soviet republic of was because stan is one of the world's leading cotton exporters and while the government cash is in the country's most vulnerable are paying the price as aunties or kind of travel reports human rights groups say that the cotton industry is thriving on illegal

child labor. such is the fear in the eyes of these children do you think they were picking opium not. going out. and. you know i was then i do you. meanwhile on the other side of the world the produce harvested with illegal child labor is enjoying the glare of flushing cameras will not occur the mother daughter of those bent president is presenting her new collection forbes magazine ponders on how she's managed to be so commercially successful i graduated from harvard. so it's a very good score you know in terms of you know giving you good grades the tools of his backers john are children as young as seven who work an average of seventy

hours a week instead of going to school and an education is not the only thing they're missing out on with no heating proper bats were drinking water that i did to be mothers are powerless some of them stood up for their kids' protection they were arrested taken to cotton fields they would be forced to work in the day and would be mass raped at night. with a helpful force child labor was because john produces around one million tonnes of cotton enough to make one billion to shrink. the cortinas sold abroad except to the sixty plus retailers including levi and they have pledged not to buy those but cotton because the harvest is so abusive this boycott sends a message to those government that in slaving children is not shake but good not a karate member who is also is but he stands a best suited to the u.n.

and the deputy foreign minister refutes the claims and she was also outraged when new york fashion week banned her collection from the catwalks two weeks ago but human rights groups ruled out it was a terrible message for the fashion industry to be sending that they would lend a high profile platform to the senior official of one of the world's most repressive governments the government about six. years ago engaged in disproportionate use of force against mostly peaceful protesters in the eastern city of andijon and it john is the bloodiest chapter in president islam karimov steve decades in office in two thousand fun these forces opened fire on an anti-government demonstration killing five thousand people for all the so-called dissidents jail sentences are common behind you chad he spent three years in prison for speaking out after his prosperous business was taken over by the president's

people because. he removes family is an organized criminal mob all sectors of the economy profitable businesses are under his control if you go to wiki leaks you'll see that the u.s. ambassador calls karim and matthew a princess but all this will stay just woods while the war continues in afghanistan carry more of is an important ally day and everyone will close eyes to his crimes. but leaving egypt and tunisia and were once important allies to however the arab spring showed just how quickly things can change. in the direction of a our team. he is coming here live from us you can find out more in all the stories are we doing it dot com here's a look at what else we have on life for you right now israeli aggression a. new u.n. sadistic to show an alarming rise in the amount of anti palestinian violence in the occupied areas of gaza and the west bank and more of that online and on t.v.

also a clash of the titans two russian tycoon is going head to head in court this week as former media mogul of boris berezovsky soon as a chelsea football club and a. shot for more than five billion dollars find out why had our team top accomplished check out all of our best videos on our very own you tube channel.

from the. video. and. some other headlines from around the world for you time for the world update here. a huge car bomb has exploded outside a government building in the somali capital mogadishu killing at least seventy the explosion went off near the ministry of education students who are reportedly sitting for a foreign scholarship examination. identified vehicle was used to carry out the attack. insurgents which have links to al qaeda have said that they were behind the assault. the u.s. commander in afghanistan has promised american forces will stay in the region for quite some time two thousand and fourteen as the deadline to withdraw. troops

deployed in the country president obama wants a third gone by next summer but general john allen said the exact number of troops that will remain to advise the afghan security forces is yet to be determined. the family of murder of a british student meredith coach says they have no answers how she died. that's after an italian court cleared american amanda knox of murdering coach her in two thousand and seven she had already served four years in jail when her appeal was accepted on monday but the judge ruled that evidence of sexual assault and murder was unreliable and overturned the original guilty verdict. in southwestern pakistan government on motorbikes of executed twelve people and injured seven of mostly shia muslims they stopped a bus forced the people off and made them stand in line and then opened fire on the sunni militants with links to al qaeda and the taliban have carried out scores of

a time against the minority sure in recent years but the past couple of weeks seen a drastic escalation. but in just a few minutes here at r.t. we hear how a global financial rebound could be the only way to put the world's economy back on track after the business with. thanks in a warm welcome to business economic uncertainty has investors staying away from risky assets and in russia and as people preparing for the worst russians are rushing to sell the ruble as it gets weaker. the situation is more reflection of ill informed panic than the current economic environment switching your savings from a national currency to a foreign one may seem like a sign of panic but that's not the case in russia since the ninety's when

hyperinflation made it impossible to put prices in rubles many russians used u.s. dollars and euros instead lots of russians still have their savings in foreign currencies partly because they don't trust the rubles the whenever there's any sign . people rush to convert and that is what's happening now but many analysts say that's only making the situation worse the ruble weakened against the dollar extending its worst orderly depreciation in over eight years of fourteen percent in the past two months but it's still nowhere near the two thousand and nine financial crisis when the russian currency lost a third of its value last month transfers reached their highest level in two years equal to four and a half a billion dollars they had a central bank says ruble has been in the gradual devaluation for about two months spots bull bounce back soon others suggest the problem is of russia's. capital

inflows and the only domestically funded banking sector analysts are now open the banks tight monetary policy will help prevent a for the client and in fact the bank already put two billion dollars to defend and this prepared to go even further to stabilise of the currency and analysts we spoke to say that it plays with the fresh recession in europe or in the united states russia will come out on small because it has learned from its past mistakes. so you have the markets where the situation is going from fall into nose diving including come out of the use of oil is going to its lowest levels yet again concerns about global demand drum beat reports in the us manufacturing and construction spending brant to blend is trading below one hundred dollars per barrel lights readers at seventy five thirty. three the stock market's deep in the red for the use of

three point four percent weight by heavy losses from the banking sector that's up to european authorities delayed a decision on providing more aid to greece royal bank of scotland group is the biggest fall is dropping more than eight percent barclays gave up six percent bagged is losing over six percent on the back stop to it warned it would achieve its twenty eleven pretax profit target of ten billion euros. and russian stocks so cool so pretty deep in negative territory investors are concerned that contagion from europe's debt crisis will hurt manufacturers and will erode demand for commodities if we look at the main movers on the my six then of course energy majors are trading in the a red deeply down five percent because as we've seen oil prices are falling coal miner is one of the biggest losers after posting weak results for the first half of the year and hydro electricity producer rose hydro expected exception its first half net profit rose twenty six percent to eight hundred thirty million dollars

that's why it's a bit stronger than the market that leverage faster for me to be capital gives his advice on the current best bets on the market. it's obviously hard to hard to. the stock. if. i think well and gas is probably your best choice this least not a high beta play of the stops to recover if things become rose again obviously for stuff like steel and utilities but there was a they feel they are safe a safer bet and their theory their reason. well the fear of yet another global downturn has seen many pull money out of the risky emerging markets but national president says cast generation for public offerings means infrastructure investments are safe. we. blazed bones in european markets and that were quite successful attempts specific away say divorce in palms of stirrings was one of the most perfect in the history of all

for more the russian a man all the companies private or not profit from this point a few infrastructure is attractive instrument to invest the bodies because money is on the cards in the period of crisis or pre-crisis those monies are lost money is on the sport more in those stories i website forward slash business send me back in fifteen minutes time with nothing else human. the.

even the rocks of this game should land the sacred. magic is the essence of life. whether it is a buddhist prayer. or a shamanistic which. on the crossroads of two religions. faith is strong and spirit is hard.

headlines here protest against wall street and corporate greed go nationwide in the u.s. and despite hundreds of arrests and demonstrators say the mainstream media is ignoring the rapidly growing campaign. finance ministers have put off a decision on a crucial of bailout loan for greece. deadlines. claimed the austerity measures imposed by the government are. libya's transitional leaders. to govern the country until it's fully secured meanwhile troops continue to see a stronghold of. amid a.