tv [untitled] October 4, 2011 10:00am-10:30am EDT
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ah. protests against wall street and corporate greed go nationwide in america demonstrators accusing the mainstream media of ignoring the rapidly growing campaign. finance ministers put off a decision on a crucial bailout loan for greece where angry people claimed the harsh austerity measures imposed by the government are untenable. libya's transitional leaders name a new cabinet as i take it a few troops continue to bomb the colonel's besieged stronghold of so it's all amid accusations they're also talking civilian homes.
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very warm welcome to you this is the line from moscow with me. fury over corporate power in the united states is spreading all the way from new york to the west coast thousands have joined the so-called occupy wall street movement and they're angered by the economic and the role of big business and hundreds of demonstrators so far have been arrested and reports america's main stream media has been largely ignoring the rapidly growing movement. taking the big apple by storm. karen rested 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
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those holding reins of financial and political power coming 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 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 to get locked up and incarcerated for always and always knows what i would to do to cause the 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. to the people who noticed. the mass arrests have built up popular support for the movement but you know.
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putting us through some for 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 and many people have quit their jobs have come here that's already happened to corporate media week three and to the camp outside 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 disservice to try. but it did mean important issues right now this is a big report i know despite of 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. the only. way to deal with.
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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 and as they see it sure cannot r.t.e. new york are the time now for you to get involved with us here at odds here to tell us what you think about the wave of protests are raging across the u.s. you can cast your vote at all to you dot com now we're asking who are these so-called occupy wall street activists most of you think they are freedom and democracy fighters just like the arab spring activists. show the second most popular the laughing a bit far behind they are victims of police repression and the rest of you believe they are hired probably just a bunch of trouble do share what you think it on t.v. dot com. well demonstrators in the united states have been voicing their anger of a rising joblessness student debt and police brutality professor alex tarney who actually took part in the new york protests believes their ultimate goal is to change america's political climate. there's
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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 deal that their futures have been good work gets to before the outrageous salaries and bonuses earned by these 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 reply 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 spain with young people who felt alienated from both like little politics and from the 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
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street and so that's why we're seeing more labor support more support from community organizations who feel that they are being asked to take pay cuts cuts and services so that wall street continue to enjoy all kinds of tax breaks and giant bonuses from a financial frustration and anger in america all the way to greece which as i once again been left hanging this time until a minute demba by eurozone ministers have pushed back a decision on handing of a mall battle out 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 that of athens. it's been here almost in part of a 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 bill stares the measures that they say that's the feeling tenable we find ourselves back in
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a position where people now are really asking just has been achieved by implementing these astaire's the measures the quick government has committed that it won't be able to me is tough deficit reduction targets. throughout the whole year you say really about what the implications of that will be the greek government have also things imagine that thirty thousand civil servants are missing a little meeting with the team in the salary for a year well be at the end of the year the possibility of dismissal there are great bands to greece won't even get back next. year amy if the country were to stay up late to trick or to take care in the country that may be trying to hammer out the details of that now it has to be said the. only sure you get about money. that would be felt almost immediately to greece at this point is also got the rest the euro is
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a concrete and indeed the global economy that is that it this would have a separate not a lot of 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've spoken to here in athens they said we've seen these job losses we've seen the cut 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. any effect lots of talk about the possibility of default 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 at that is simply untenable that they can't live with. that strike action that we see say much of
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a lot happening against my big concerns really about where the you know if they needed again to be able to pull the country out of the situation i do so for reporting right there a lot of spite on going. finance ministers have a rejected the possibility that greece will default on its loans but in vestment advisor patrick young says athens needs to leave the single currency if indeed it wants to save its economy the european union are trying to chip 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 to use too little leadership and there is if he headed in transitions particularly amongst the finance ministers but this specially amongst the leaders of the european union nations 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
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is running on because greece is leaving that contingent that is going to kill the mural by the end of the year if we don't see all the good and right production 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 lenders. and with r.t. live from moscow still ahead for you this hour colossal cost of high fashion by one of the world's leading cotton producers is for allegedly using child labor to harvest the profitable. libya's new rulers have named a new cabinet for government of 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 antica duffey troops continue with
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song has received. the red cross is warning of a humanitarian crisis as a town that runs out of essential supplies for more details on this we're now joined by give a fuck out of a spokesperson for the international committee of the red cross i live in tripoli thank you for joining us so you've been to the town of sort of how bad is the situation that you've seen. but our team went to search as you know on saturday to deliver urgently needed assistance to the hospital we managed to get in the hospital and spent a few hours to check on the hospital however the security situation did not allow us to move inside the town and see the situation of the civilians we managed to talk to representatives of the civilians to understand the situation they talk about lack of food lack of for sure there is no electricity there is a lack of fuel in the city and there is very difficult access to medical care the hospital has been working under very difficult conditions there is a lack of medical personnel no work no medical equipment no drugs no madison and as
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well that is going to the city inside the hospital and the water tank has been hit so there is no water available in the hospital and now at the same time while talking to families going out of the city of sirte i have been on the eastern side where i've talked to families displaced to the desert i don't see it all to villages like cut out and other surrounding villages and my colleagues from the west as well are looking at the internally displaced families these people as well are living in difficult conditions because they are they are needing just their houses to fleet the ongoing fighting in the city of sirte and they are being displaced into the desert. leaving high difficult hygenic. conditions and having no access to medical care and no potable water as you say and as other representatives of the red cross a humanitarian crisis is certainly in the making it's unfolding as you said in sort of town in surrounding towns as well we're going to come to you mentioned that the security situation makes it difficult to treat many of the patients are some of the
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civilians many of the civilians casualties in this ongoing war because we've heard reports that some of nato bombing has been indiscriminate even hitting schools and hospitals. but for the international committee of the red cross at this stage we don't have clear statistics on the figures even in the hospital or even see no we did not manage to cool the hospital to know you know about the numbers of casualties and the situation inside the hospital the security situation did not allow us to stay longer we went back to even seen a hospital yesterday and we delivered the urgently needed oxygen because there was no oxygen that's all inside the hospital and we delivered yesterday as well other medical equipment now for the international committee of the red cross we have been calling upon all parties to the conflict despair as much as possible to civilian people and to always distinguish between military and civilian targets if i may
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just jump in for a moment as you say the red cross is absolutely involved in treating the civilians and the patients and those wounded in this ongoing war company but i want to ask you it's interesting that you know nato has planned the whole u.n. resolution and in fact nato is a press statement is according nato its mission is to protect civilians and civilians in populated areas under attack or under threat of attack have you seen other than the bombing campaigns of you see nato engaged in any types of humanitarian activities other than the red cross of course. why the fuck up to the international committee of the red cross to comment on such issues the concern the biggest concern is that there you ration of the humanitarian situation as well as the protection of civilians under the international humanitarian law and all parties to the conflict in libya today are. to respect the obligations under the international humanitarian law to respect to civilians and to spare civilians life a life story as much as possible understood now with claims of violence ongoing on both sides there are also reports that khadafi loyalists are using civilians as
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human shields but the kind of tactic that you've heard about. for us again i mean we look for the protection of civilians and when it comes to discussing these issues the protection of civilians or any violations against international humanitarian law we do this by looks really in a confidential manner with the authorities who are supposedly in charge of these things and what is of utmost importance for us is that the civilian lives be spared and that the parties to the conference respect their obligations again under the humanitarian law given. the international committee of the red cross live in tripoli many thanks indeed. for the former soviet republic of dagestan is one of the world's leading exporters why the government cash is in the country's most vulnerable paying a price that's obviously going to travel reports human rights groups say the cotton industry is thriving on illegal child labor. such is the fear in the eyes of these
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children you think they were picking opium not cotton. that the. man is. going to graduate and i do you send us their. cause of. death. and meanwhile on the other side of the world the produce harvested with illegal child labor is enjoying the glare of flushing cameras will not be mother daughter of those dead president is presenting her new collection of forbes magazine ponders on how she's managed to be so commercially successful i graduated from harvard. so it's a really good score you know in terms of you know giving you good grades to the tools of us like a stan our children as young as seven who work an average of seventy hours
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a week instead of going to school and medications not the only thing they're missing out on with no heating proper bats or drinking water. 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 the help of force child labor force because time produces around one million tonnes of cotton enough to make one billion surely. the cortinas sold abroad except to the sixty plus retailers including levi and they have pledged not to buy was their quarter and because the harvest is so if you see this one quote sends a message to the government that is leaving children is not shake but good matter committee member who is also is by christians and best suited to the un and the deputy foreign minister refutes the claims and she was also outraged when. new york
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fashion week banned her collection from the catwalks two weeks ago but human rights groups applauded. 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 in gauged in. the disproportionate use of force against mostly peaceful protesters in the eastern city of under john under john is the bloodiest chapter in president islam karimov student heads in office in two thousand fun is forces opened fire on an anti-government demonstration killing five thousand people or other so-called dissidents jail sentences are common idea charity spent three years in prison for speaking out after his prosperous business was taken over by the president's people because. kerry most family is an organized criminal mob all sectors of the
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economy profitable businesses are under his control if you go to wiki leaks you'll see that the u.s. ambassador calls karim all of daughter a mathie a princess but all this will stay just words world war continues in afghanistan carry more of is an important ally there and everyone will close our eyes to his cry of security. but leaving egypt and tunisia where once important allies to however the arab spring showed just how quickly things can change. to be a great show for our team. of course you can always find more on all of our stories of our two you don't come on now let's have a look now at what else is waiting for you on line israeli aggression that mounts a new un statistics show when alarming rise in the amount of palestinian violence in the occupied areas of gaza and the west of drawing more on that on line as well
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as the clash of the titans to russian tycoon go head to head in court this week media mogul boris berezovsky sues chelsea football club owner roman abramovich for more than five billion dollars find out why and are teed off because. some world news headlines now here on r.t. huge car bombs exploded outside a government building in the somali capital mogadishu at least seventy eight that the explosion went off near the ministry of education where students were reportedly sitting for a foreigner scholarship exam. witnesses say that an unidentified vehicle was used to carry out sorry. but insurgents which have links to al qaeda say they were behind the of sort. of u.s. commander in afghanistan has promised american forces will stay in the region for quite some time two thousand and fourteen war said is the deadline to withdraw some one hundred thousand troops i mean time president obama wants gone by next summer
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but general john allen says 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 that once again they have no one says i was there how she died it's arthur an italian court cleared american amanda knox of murdering cocksure in two thousand and seven she had already served four years in jail when her appeal was accepted on monday by the judge ruled that evidence of sexual assault and murder was unreliable and overturned the original guilty verdict. in southwestern pakistan a gunman on motorbikes of executed twelve people and injured seven mostly shia muslims they stopped the bus forced the people off and made them stand in line and then opened fire sunni militants with links to al qaeda and the taliban have carried out scores of at sykes against the minority share in recent years but the
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past couple of weeks have seen an escalation. right so while leaders are looking for specific ways to tackle the world's financial troubles sort of quantum if say the problem lies deep in the global structure but we spoke to a senior social a g scholar at yale university emanuel i want to shine who i think is the modern financial system is actually reaching its natural. 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 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. since the second you ation 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 and what it has tried to do but it has undone itself
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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 a paralysis nobody's investing really and if you don't invest that makes the situation even worse but people don't feel they don't look towards their right they don't have too much choice the options are are are few. and far you can watch that full interview in about seven minutes from now here on r.t. that will be a lot of the business with the. economic
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uncertainty has investors staying away from risky assets in russia u.s. people are preparing for the worst russians are rushing to sell the ruble as it gets weaker but as business art is moving across reports situation is not necessarily a reflection of the current economic environment. sushil savings from and 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 roubles the billet see and whenever there's any sign at all point to actual turbulence 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 at stand in its worst quarter leave if we see a shift in the over the years it's lost fourteen percent in the past two months but
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it's still nowhere near that suit also nine financial crisis when the russian currency lost a third of its value last month transfers reached their highest level in sea years equal to four and a half a billion dollars that of us essential bank says ruble has been in the gradual devaluation for about two months spots bull bounce back soon others suggest the problem is a russian is a lot of net capital inflows and the only the mess that we found the banking sector analysts are now open the banks tight monetary policy will help prevent a for the quiet and impact the bank already put through 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 good at the markets starting
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with the oil do you said the oil is moving ground of building to its lowest with more than a year or month sounds about where the moms of the trumpets with us manufacturing infrastructure spending brown's blend is a vis our losing two and a half dollars a just ninety nine dollars per barrel lights. wheedles down two dollars to answer some. u.s. stocks though still sharply lower after the release of the federal reserve chairman ben bernanke used prepared testimony before congress most of those still worried about the states of the global economy as reflected in the drop of the dow european stock markets and also deep in the red bull sees down three point six percent swayed down by the banking sector that's off the european authorities delayed decision on writing to greece and the torture bank and thomas bank of losing more than five percent on the dax after bush bank warned they wanted to achieve its twenty level pretax profit target of ten billion dollars. now it's all going from
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bad to even the worst in russia with the r.t.s. six zero down six and a half percent the day of sharp losses investors are concerned that contagion from europe's debt crisis will hurt manufacturers plan the road demand for commodities look at the main movers or should i say the main losers on the russian markets then these are of course energy shares as we saw world prices fall down most methadone seven percent coal mine other spots goes among the biggest of them losing stocks up to push through weak results for the first heart of the year and hydro it just the producer ross hydro is also weak but it's a bit stronger than the market if you can say that about performance two point eight percent in the red it's first off net profit rose twenty six percent to eight hundred thirty million dollars i look at gaza for me to be capital gives there's a price on the current best better. so obviously. the stock pick right now if in any scenario i think well and gas is probably your best
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choice obviously it's not a high bidder play for the stocks to recover if things become rosy again obviously stuff like stealing billions but their worlds are but they feel they are safe are safe are bad and they're very very reason to value. business out see will be back at around fifty five my son would not play headlines are next on our team work for your statements.
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number on your. we here because our cash outs that. god promised them this milind along so i. will if they are still going to be thinking that. i've gone chosen people will not believe that god is real stake asia say look at the start this is for you guys in disguise as as we. undergo one of our viewers or learn feel different might knock them. up for you look. at them won't. come up with such.
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