just twenty five pm here in moscow and this is with me wrong research welcome to the program theory of a corporate power in the us is spreading all the way from new york to the west coast thousands have joined the so-called occupy wall street movement there and goodbye the economic slump on the role of big business and at hundreds of demonstrators have been arrested at this point about as authors honest 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. 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 and fight for change in the u.s. are largely getting annoyed at 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 in incarcerated for hours and hours and i was willing to do that for both 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. some have sacrificed

more than hours in jail to fight against wall street many people have quit their jobs have come here that's already happened the corporate media week 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 important issues right now this is a big report and noticed by the coursework 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. the only. way to deal with. the occupy wall street movement promise is 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 now time for you to get involved with us here at all to do you taking time to tell us what you think about the wave of protests are raging across america you can cost you a vote at all dot com let's check out some of the numbers right now we are asking who off the so-called activists in the occupy wall street campaign the numbers say that most of you think freedom and democracy fighting is just like the arab spring activists the second most popular liking of it falling behind is that they are victims of police repression and the rest of the just hired crowds or a bunch of simple troublemakers do you share your view with us here at r.t. . dot com. well demonstrators in the u.s. have been voicing their anger of a rising joblessness student debt and police brutality professor alex batali he actually took part in the protests in new york actually believes that 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 rebuilt or gets to pay for the outrageous salaries and bonuses earned by these one 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 reports 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 the young people who felt alienated from both. politics and from the big political institutions labor unions and cetera but what it's morphing into i think is something more like what's been going on in greece which is of poor laws 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 from financial problems in america all the way to greece which has once again been left hanging at this time until mid november a year as i ministers have pushed back a decision on handing of a more bailout cash athens has admitted it won't meet the deficit deadlines despite crippling cuts but the greek finance minister has said the nation can wait one more month for a rescue. reports from austerity capital out of athens. it's been here almost impact was 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 asperity measures to quit government has committed that it won't be able to me it's tough deficit reduction targets sent through out the whole year you say 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 you. at the end of the year the possibility of dismissal there are great you won't even get that injection. and hearing needed if the country were to stay if labor deployed quoted to care in the country at the moment trying to hammer out the details of that now it has to be said that. the only sure 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 that it this would have a separate knock on the sides 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 in to hear nothing say said that we've seen the 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 the taxes and yet the government still seem to be such a list tax based solution to plug that 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 of. 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 over the last year or so happening big concerns really about whether the usa need is going to be able to pull the country out of the situation. reporting right

despite ongoing rumors the euro finance ministers have rejected the possibility that greece will default on its loans but investment advisor patrick young says i think needs to leave the single currency if indeed it wants to save its crippled 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 there's too little leadership and there is a hague 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 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 that modern a financial system is actually reaching its natural and. modern capitalism has in my view but that's a long story reach the end of its rope 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. ceaseless 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 under. 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 don't have too much choice the options are few.

and you can watch the full version of that in just over an hour's time. one of the world's leading. to harvest of the most profitable. wealthy british.

market. what's really happening to the global economy with mike stronger no holds. the global financial headlines tune in to cause a report on our. welcome back this is our team live from moscow with me research 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 to get off the troops continue the tax on his besieged hometown of sirte 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 antique iraqi forces are attacking civilian homes wanting to take over the city at any cost. the norm koger people would. actually. be through if you aren't just because he put in and half even if you own the stock you. have two people among them anyhow. and it will be pretty true if. it were true. if you don't think you can run. the crew flew. through they'd. all be terrible it's going to agree. with nato yet to decide when to end its military campaign in libya 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 other people that are fighting nato because they may not like it are free 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're not even reporting the bombing of hospitals in sirte it now five fifteen pm here in moscow the former soviet republic of it was

because stan is one of the world's leading cotton exporters and more the government cash is in the country's most of honorable a paying the price and as r.t.c. catherine approach over reports human rights groups say the cotton industry is thriving on illegal child labor such is the fear in the eyes of these children you'd think they were picking opium not car. that was. you know i was there not do you. have. meanwhile on the other side of the world the produce harvested with illegal child labor is enjoying the glare of flashing cameras will not occur the mother daughter of those bed 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 back you stone our children as young as seven to 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. 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. would the healthful force child labor was based on produces around one million tons of cotton enough to make one billion t. shirts the cotton the 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 enslaving children is not shake but good not a karate move was also was back a stance 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 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 the disproportionate use of force against mostly peaceful protesters in the eastern city of andijon under john is the bloodiest chapter in president islam karimov still decades in office in two thousand and five is forces opened fire on an anti-government demonstration killing five thousand people or other so-called dissidents jail sentences are common behind you the 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 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 murphy a princess but all this will stay just words while the war continues in afghanistan gary moore is an important ally there and everyone will close our eyes to his crimes. leaving egypt and tunisia and were once important allies to however the arab spring showed just how quickly things can change. in the church are. now or you can find out all of our stories on t.v. dot com here's a quick look at what else you might find online right now israeli aggression. show

an alarming rise in the amount of palestinian violence in the occupied areas of gaza the west bank. online also a clash of the titans the russian tycoon go head to head in court this week as media mogul boris berezovsky souza chelsea football club owner roman abramovich after more than five billion dollars find out why it all to go check out our best videos on our channel. is.

the official. from the. video. and street in the palm of your. on the dot com. now are just a few minutes away now from the business with dmitri but for now the world up at her own artsy. exploded or just outside of. government building in the somali capital of mogadishu it's killed at least seventy the explosion went off near the ministry of education where students were reportedly sitting for a foreign scholarship exam i would this is say an unidentified vehicle was used to carry out the attack meantime al shabaab insurgents which have links to al qaeda said 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 was set as the deadline to withdraw some ninety thousand troops currently 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 murdered a british student meredith kercher says once again they have no answers as to how she died that's 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 assault and murder was unreliable and overturned the original guilty verdict. in southwestern pakistan government on motorbikes have executed twelve people mostly muslims or they stopped the bus forced the people or made them stand in line and then opened fire at sunni militants with links to al qaeda and the taliban have

carried out scores of times against the minority share in recent years over the past couple of weeks have seen a drastic escalation. when in just a few minutes here on r t we asked the palestinian ambassador to russia why statehood recognition at the u.n. is crucial for his people that's after the business with. thanks rory 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 artie's money the course reports situation is not necessarily a reflection of 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 most of russians still have their savings in foreign currencies partly because they don't trust the rubles the billets and whenever there's any sign all financial trouble and 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 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 two years equal to four and a half a billion dollars they had essential banks says the ruble has been in the gradual devaluation for about savant spots it will bounce back soon all this suggests the problem is of russia's net capital inflows and the 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 a 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 base 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 going to the markets where the situation for you much is growing for a model for the markets are a nosedive. brands are continuing their claws to the lowest levels in the more than a year concerns about global demand reports in the us manufacturing and construction spending. just below one hundred dollars per barrel the light sweet seventy five dollars sixty said. european markets are deep in the red four minutes ahead of the opening u.s. markets the foot sea is down two point seven percent white by losses from the

banking sector that fell to european authorities related to writing eight degrees bank of scotland group is one of the biggest fool is it's down around seven percent ball player was also down six percent bank is losing pretty much the same around the dax after we won the world to achieve it said twenty nine pretax profit target of ten billion. russian stocks so also deep in the red bull day in verses are concerned that contagion from europe's debt crisis will hurt manufacturers in a row demand for commodities you 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 as we've seen this is because oil is declining goldmine of squad cars among the main movers of through opposed to the weaker result first off of the year slightly better than the market business fire falling only if you could say about one point three per cent that's off the reporting profits rise twenty six

percent to eight hundred thirty million dollars the latest data for me to be capital gives our voice in the content went on. so obviously hard to hard to. stock right now if you need any scenario i think well and gas is probably your best choice this least not a high beta play of the stocks to recover if things become rose again obviously for stuff like stealing the early years but there was a they feel they are safe a safer bet and they're very very reason to value. the fear of yet another global downturn as many pull money out of risky emerging markets russian railways' president says many international financial institutions are still more than happy to invest in infrastructure projects so. they are more serious they're more but they're not. resistant to say the least they are interested in call duration of the drug the railways they are interested to invest and to roll.

that's all from the business desk for now we will be back in around fifty five minutes time with now join us.

are. we here because i. promised them this elin belongs to i. will if they are still going to be thinking. and going chosen people will believe to. say ok this is for you guys and this guy this is. this is. this is my son.

welcome back without your life from moscow a quick recap our top stories now protests against wall street and a corporate greed to go nationwide in america despite hundreds of arrests demonstrators say the mainstream media is ignoring the rapidly growing campaign. finance ministers put off a decision on a crucial bailout loan for greece to athens admitted it won't meet deficit deadlines but i agree greeks already claimed the austerity measures and posed by the government are untenable. libya's transitional leaders and named by new cabinet to govern the country until it's fully secured meanwhile he could be troops continue to. town of sort of the whole of the guy accusations that they're also talking severely and hard. to start.