tv [untitled] October 4, 2011 9:00am-9:30am EDT
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the. i. protests against wall street and corporate greed go nationwide in the u.s. demonstrators accusing the mainstream media of ignoring the rapidly growing campaign. finance ministers put off a decision on a crucial bailout loan for greece were angry people claimed the austerity measures imposed by the government are untenable. libya's transitional leaders and named a new cabinet and who could not be troops continue to bomb the colonel's besieged stronghold of sirte it's all amid accusations they're also targeting civilian homes . and the birds continue to dominate global stock markets as the bailout for greece
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has been delayed yet again in russia no exception yes my six down around five percent for that business with. just twenty five pm here in moscow this is artsy with me welcome to the program theory of a corporate power in the u.s. is spreading all the way from new york well over to the west coast thousands have joined the so-called occupy wall street movement there and goodbye the economic slump and the role of big business and hundreds of demonstrators have been arrested at this point but it's not easy to see a check and i reports america's mainstream media has largely been ignoring the rapidly growing with. taking the big apple by storm. getting arrested by the hundreds. getting netted and pepper sprayed in the face.
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spending night and day on the far from welcome in the streets of the financial district. that's the price these demonstrators are paying to get their outrage across to those holding greens financial and political. power common americans who make up most of this country 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 west are largely getting ignored 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 hours and hours and hours where i would send to the cause of for this movement. i 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 know this is to be disobedient. to the people who noticed.
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the mass arrests have built up popular support for the movement but you know them for putting us through some for the abuse because it's hoping a little is bringing more working with some have sacrificed more than hours in jail to fight against wall street for many people have quit their jobs and have come here that's already happened the corporate media we three into the campout either 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 for truly body odor and urine they're more concerned with. brainwashing people american idol sports drama and pretty much anything to serve as attraction other than the important issues right now this is a biggie for a noticed but of course for a template of cool elite it's tougher than ever for those against the system to get
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attention with even some police officers ready to admit this protest is the way you know that's a silly billable of a way to do it i imagine the occupy wall street movement promises to grow in the months to come and history shows that the voice. people can't be neglected forever . r t v or i don't know it's time for you to get involved with us here on t.v. do you think about it tell us what you think about the wave of protests are raging across america you can cost you a vote but auggie dot com let's check out some of the numbers right now we are asking who are the so-called activists in the occupy wall street campaign the numbers say that most of you think they are freedom and democracy fighters just like the arab spring up to bits by the second most popular answer the liking a bit far behind is that they are victims of police repression and the rest believe they're just hired crowds or a bunch of simple troublemakers do you share your view with us here at r.t. r t dot com. all demonstrators in the u.s.
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have been voicing their anger over rising joblessness student debt and police brutality professor alex batali he actually took part in the protests in new york actually believes that or their ultimate 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 rewarded student before the outrageous salaries and bonuses earned by the for wall 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 ninety's i think it started more likely 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
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thing into i think is something more like what's been going on in greece which is of kind of movement against a 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 you're being asked to take pay cuts cuts and services so that wall street and he had to enjoy all kinds of tax breaks and giant bonuses from financial problems and anger in america all the way to greece which has once again been left hanging out at a time until mid november a year as i ministers have pushed back a decision on handing over more bailout cash athens has admitted it won't meet the deficit that lines despite crippling cuts but the greek finance minister has said the nation can wait one more month for a rescue teams to reports from a sturdy capital that of the things. it's been here almost in part of the square that the most dramatic side of this economic crisis in greece has been played out
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as time and again we've seen people turning up outside the parliament building to protest against severe austerity measures they say simply untenable we find ourselves back in a position where people now are really asking just what's has been achieved by implementing these asperity measures the quick government has to mitigate it won't be able to meet its tough deficit reduction targets sent to the whole usa really about what the implications of that will be the greek government have also means imagine that the two thousand civil servants army only now with the team in the salary for a year. at the end of the year the possibility of dismissal there are great then why do you think that that. hearing me is the country to stay late to train quoted to care in the culture that may be trying to hammer out the details of that now it has to be said but. the only sure you get that money.
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that. will last at least at this point is also about the rest of the year as a country then indeed the global economy that is that it would have a cigarette and not want to back up 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 to you here in athens they say that we've seen job losses we've seen the cuts in wages and pensions of these are people who no longer be able to pay cuts to people who are struggling to pay their taxes and yet the government still seem to be such a list cuts they solution so close that big deficit in the budget so there are concerns really about the practicalities of any of these measures having. any effect lots of talk about the possibility of politics and as we said
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a lot of public anger at the people here he felt that their lives are being put in the situation this is simply untenable that they can't live with they gave me more that's like actually seeing saying what's. happening against my big concerns really about whether you know if they needed to be able to call the country out of this situation. reporting right there without us quite ongoing rumors the euro finance ministers have rejected the possibility that greece will default on its loans where investment advisor patrick young says i things needs to leave a single currency if indeed it was to save its crippled economy the european union are trying to tick 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 i think there's too little leadership and there is a pig headed increment insurance particularly amongst the finance ministers but this specially amongst the leaders of the european union asians in terms of
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understanding that they needed to move a lot faster on this crisis they still need to move much faster and ultimately china is running because greece is leading the contingent that is going to kill the euro by the end of the year if we don't see holden and rapid action realistically but 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 manders. while leaders are looking for specific ways to tackle the world's financial troubles are some economists say the problem lies deep within the global structure we spoke to a senior scholar at yale university that of emmanuel washing who thinks the financial system and subtly reaching its natural and. modern capitalism has in my
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view but that's a long story to reach the end of its rope. it cannot survive as a system from 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. six this accumulation of counter. 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 in 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 you get paralyzed and that's basically what we're seeing in the world economy right now there's
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a rally since nobody's investing really and if you don't invest that makes the situation even worse but people don't feel they don't much towards their right they don't have too much choice the options are are few. and you can watch the full version of i mean if you were in just over an hour's time or so you but i think there are. other colossal cost of high cost of the world's leading producers and for allegedly using child labor to harvest the most.
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wealthy british scientists. sometimes. market. why not what's really happening to the global economy with mike stronger the no holds barred look at the global financial headlines tune into the record. welcome back to starting live from moscow with me over some shy 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
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resistance after a two day ceasefire to allow residents to leave and to get off the troops continue the tax on his perceived. the red cross meantime is warning of a humanitarian crisis as the town runs out of essential supplies one eyewitness to the fighting told us that the forces are attacking civilian homes wanting to take over the city at any cost. are you.
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there when they don't get an assignment and its military campaign in libya author and journalist afshin rattansi tell us that it's clear the only point of the or not 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 other people that are fighting nato because they may not like it they're free they may not like the nature of black troops it's very interesting that they're 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 evolved can divide up the resources and the future of the
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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're not even reporting the bombing of hospitals in sirte it. fell five fifteen pm here in moscow the former soviet republic office because stan is one of the world's leading cotton exporters and now the government cash is in the country's most of honorable paying the price and is artistic or in a culture of reports human rights groups say the cotton industry is thriving on illegal child labor. son she is the fear in the eyes of these children you'd think they were picking opium not. a man as i thought was that when they have stood up to get lemons and i just wasn't written and i wasn't happy about the centers that i have. yes. meanwhile on the other side of the world the rogers harvested with illegal child
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labor is enjoying the glare of flushing cameras will not occur any mother daughter of those but her student is presenting her new collection of forbes magazine pointers on how she's managed to be so commercially successful well i've created for her it's. so it's a really good score you know in terms of you know giving you great tools the tools of us pakistan our children as young as seven for work an average of seventy hours a week instead of going to school and medications not the only thing missing out on with no heating proper bats were drinking water. in the 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 stern produces around one million tons of
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cotton enough to make one billion. the cortinas sold abroad except for the sixty plus retailers including levi and h. and m. have pledged not to buy cortland because the harvest is so abusive this boycott sends a message to those the government and slaving children is not. a good not a pretty mobile was also as baucus guns and best suited to the un 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 . 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. the disproportionate use of force against mostly peaceful protesters in the eastern
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city of andijon under jan is the bloodiest chapter in president islam karimov still decades in office in two thousand fine is forces opened fire on an anti-government demonstration killing but thousand people are all the so-called dissidents jail sentences are common because you charity 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 sick tis of the economy profitable businesses are under his control if you go to wiki leaks you'll see that the us ambassador calls karim daughter and murphy a princess but all this will stay just words while the war continues in afghanistan . is an important ally day and everyone will close our eyes to his crimes. but leaving egypt and tunisia where once important allies however the arab spring
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showed just how quickly things can change. between a great show of art. oh you can find all of our stories about how you got caught and here's a quick look at what else you might find online right now israeli aggression valve size new un sadistic show an alarming rise in the amount of anti palestinian violence in the occupied areas of gaza and the west bank i'm on the on line also a clash of the titans two russian tycoons go head to head in court this week as former media mogul boris berezovsky souza chelsea football club owner roman abramovich after more than five billion dollars find out why it all got called by patrick out our best videos on our you tube channel.
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the official. called touch from the. old girl's. feet. on the altar call. are just a few minutes away now from the business with dimitri but for now the walker had her own out saying huge car bomb exploded just outside a government building in the somali capital of mogadishu it's killed at least seventeen the explosion went off near the ministry of education where students were
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reportedly searching for a foreign scholarship exam eyewitnesses say an unidentified vehicle was used to carry out the attack meantime al shabaab insurgents which are linked to al-qaeda so they were behind the assault. itself u.s. commander in afghanistan has promised american forces will stay in the region for quite some time two thousand and fourteen and was set as the deadline to withdraw from my house and troops currently in the country that president obama wants a third gone by next summer 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 murdered british student meredith kercher says once again they have no wants as asked how she died after an italian court cleared american amanda knox of murdering coacher in two thousand and seven she had already served four years in jail when her appeal was accepted on monday the judge ruled that evidence of sexual
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assault and murder was unreliable and overturned the original guilty verdict. in southwestern pakistan government on motorbikes and executed twelve people mostly shia muslims they stopped the bus and forced the people off and made them stand in line and then open fire sunni militants have links to al qaeda and the taliban have carried out scores of attacks against the minority share in recent years but the past couple of weeks have seen a drastic escalation. just a few minutes here and i'll see we asked the palestinian ambassador to russia why stated recognition of the u.n. is crucial for its people that's up to the business with. thanks for economic uncertainty as investors staying away from risky assets and in russia as people caring for the worst russians are rushing to sell the ruble as it gets weaker but as business saltines money and of course reports situation is not
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necessarily a reflection of the current economic imbalance. sushi the savings from the national currency to a foreign one may seem like a side 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 most of russians still have their savings in foreign currencies partly because they don't trust the ruble stability and whenever there is any sign of financial turbulence people rush to converge and that is what's happening now but many analysts say that's only making the situation worse the ruble weakened against the dollar at stand in its worst orderly depreciation in over two years it's lost 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 seed years equal to four and a half a billion dollars they had
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a boss essential bank says ruble has been in the gradual devaluation for about two months but it will bounce back soon others suggest the problem is of russia's lie of net capital inflows and the only domestically funded banking sector analysts are now open the banks tight monetary policy will help provide a for the client and in fact the bank already put two billion dollars to defend the ruble and this prepared to go even further to stabilise of the currency and analysts we've spoken to say that if placed with a 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 look at the markets where the situation for you much is going from awful the markets are nosediving want light sweet and brands are continuing the line to their lowest levels in the more than a year concerns about the global demand trumped up the reports in the us manufacturing and construction spending brant blend is trading at just below one
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hundred dollars per barrel the light sweet seventy five dollars sixty set of. european markets are deep in the red four minutes ahead of the opening u.s. markets the footsie is down two point seven percent weight by losses from the banking sector that fell to european unfortunately right eight degrees pro bank of scotland group is one of the biggest fool is it's down around seven percent paul place was also down six percent deutsche bank is losing pretty much the same around the dax after a one day road to achieve that said twenty of the pretax profit target of ten billion dollars. russian stocks are also deep in the red bull good day inverses are concerned i can tell you jim from europe's debt crisis will have manufacturers in a row demand for commodities a look at the main movers on the my six or should i say the main losers ross nast among other energy shares is losing five and a half percent everything this is because oil is declining coal miners parts here's
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among the main losers after of course the weaker result the first half of the year probably better than the market was reciting falling telling lead if you could say about one point three per cent that's all for reporting profits rise twenty six percent to eight hundred thirty million dollars the latest message from easy to capital gives a voice in the conference went on. so obviously hard to hard to. start right now if you know any scenario i think well and gas is probably your best choice obviously it's not a high beta play for the stocks to recover if things become rosy again obviously for stuff like stealing the early years but there was a they feel as safe a safer bet and they're very very reason about. fear of yet another global downturn has seen many pull money out of risky emerging markets russian railways present by the minute and says many international financial institutions are still more than happy to invest in infrastructure projects so. there are more serious. more
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thorough but they're not. resistant to say at least they are interested in call duration of the drugs from the railways they are interested to be invested and to roll on with their work that's all from the business desk for now we will be back in around fifty five minutes time with an update join us.
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from our hero. we hear it because our country out states. god promised them this lynn belongs to us. will if they are still going to be thinking. and call chosen people will not believe that god is real stay cation say ok the status is for you guys and this guy this is for you. this is the one my research might not then. come up with.
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