Skip to main content

tv   [untitled]    October 4, 2011 1:00pm-1:30pm EDT

1:00 pm
reach of corporate greed on wall street's role in the financial crisis hits more u.s. cities the protesters say the angry campaign is largely ignored by the mainstream media. euro zone's finance ministers delayed crucial bailout cash for athens as it misses deficit targets all greeks claim state imposed cuts are already pushing them on. rivers transitional leaders name a new cabinet to gadhafi fighters want a final it's hard for the colonel stronghold of sirte which the red cross says is suffering from the humanitarian crisis. russia's ruble continued its decline on
1:01 pm
choose day it's so so far lost thirteen percent just this autumn versus the dollar doing business starting to find out why this is happening and want to expect him to do next. it's just after nine pm here in the russian capital you're watching our t.v. now fury over corporate power in the u.s. is spreading from new york across the country thousands of joy the occupy wall street movement to anger by the economic slump as well as the role of big business in it a lot of years of them a stranger's have been arrested but artie's an associate sure can i 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
1:02 pm
from welcoming streets of the for. natural district. that's the price these demonstrators are paying to get their outrage across to those holding reins of financial and political power on 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 to 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 but to get. incarcerated for always and always knows where i would say to the book because of 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 did he disappear yet the stairs up to the people who noticed. the mass arrests have
1:03 pm
built up popular support for the movement. you know for putting us through some type of abuse because it's hope. you know it's bringing more working with some have sacrificed more than hours in jail to fight against wall street and many people have quit their jobs and have come here that's already happened the corporate media we three into the camp outs 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 but truly body odor and you're and they're more concerned with. brainwashing people american idol or sports drama and pretty much anything to surface attraction other than the important issue right now this is a big of course unnoticed but of course first and fully cool elite it's tougher than ever for those against the system to get attention with even some police
1:04 pm
officers ready to admit this protest is the way to the. 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. archie new york's greece has once again been left hanging all this time until mid november years on ministers are pushed back a decision on handing over more bailout cash latins has admitted it wrong to deficit deadlines despite crippling cuts but the greek finance minister has said the nation could wait another month for rescue r.t. surfer of reports from the a sturdy capital it's just been here almost in part was the more 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 of measures that they say has to be untenable he find ourselves back in
1:05 pm
a position where people now are really asking just what has been achieved by implementing these astaire's the measures to government has committed that it won't be able to me it's 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 people only little need of a touch in the salary for a year they'll be at the end of the year the possibility of dismissal in their own right to greece where do you think that. really and here. is the country to stay in place to truly quote it to care in the clutch it may be trying to hammer out the details of that now that has to be studied. the only should you get that money. to greece at this point is also about the rest of the euro as
1:06 pm
a country and indeed the global economy that is that it just would have a separate knock on effect. 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 this situation that has been criticism from some of the analysts we've spoken to here or not these days that we've seen job losses we've seen the cut wages and pensions 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 certain this 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 any effect you also talk about the possibility of greek 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 that is simply untenable that they can't live with it we're going to see more that strike action that we've seen so much over the last year or so
1:07 pm
happily against my big concerns really about whether a year it's a needed again to be able to pull the country out of the situation now libya's new rulers have named a new cabinet to govern the country until its will is secured 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 you could often troops continue attacks home town of sirte the red cross is warning of a humanitarian crisis as the town runs out of essential safaris before more of the situation in libya were now drawn by adana williams from a human rights watch. you've been near sir how bad is the situation there. well betty it's hard to know exactly the situation in town people probably be. difficulties at the hospital that there's not. another actually it's been news
1:08 pm
week in there it's a crime under siege there is no electricity and that's also in some water which is in any case. leaving or trying to leave every day and that brings its own difficulties partly because there's firing from kosovo some people say. if the oilers want to stop leaving that is difficult to confirm but in general i would say it's pretty dire and all that well let's talk about the the atrocities being committed eyewitnesses claiming that they are being attacked what kind of atrocities how have you seen or at least of the people you've spoken to and is it fair to say that they're being carried out by all sides involved. well you know i don't think it's frosty's is quite allergic because you know what they're what they say is that to leave their homes is a danger some say that they get out of the loop don't want the civilians also do
1:09 pm
tribal divides in the town so some people have programs out there some people and to get out the news crews are rather complicated relations among the people and i mean with the folk and the gadhafi forces that are defending its own furthermore the rebels are far enough into the town they would be hard mostly if i could see if it's not me and he said i wasn't didn't see everything buildings three and four story buildings on the periphery where they think that the course of our far out from. i can't see where people are going out from the city. as i'm sure in russia they know when they took roles and he's taking a city it's not difficult the rebels do not have the where with all the russian army to go a little equal bar. like steer the russian market grozny. or they're having difficulty figure out how to take this now yes so yes officially you're painting there is one as you want to say also here saying if you see some people who are program after the summer and take it off and it's clearly is very
1:10 pm
hard to say i am who is on which side where does that put the nato humanitarian mission it makes it very chaotic on the ground you know their mission was apparently aimed at protecting civilians so where does that put the entire humanitarian mission. well the nato is also in a in a a little i'm a to buy all of them from the air in order to do this to destroy the military physicians. it's called you know this is a war of pickup trucks with heavy weaponry mounted on the fact they move around it's fairly dense as far as the buildings and so on so indeed. using yet to be a code word for the entry of the revolutionary as they call themselves is in fact a rather difficult situation and therefore there hasn't been. some sort of carpet bombing to do
1:11 pm
a sion but in fact it's my impression that the. kind of difficult to air power to cover the rebels ok mr williams and the country as a whole do you think the a national transitional council is successfully controlling its former fighters on the ground. i think not this is that. the rebels were groups. i use service some of those training different parts. and. continue mostly to answer to their own command was not the secretary have to leave under a siege. they pretty much run their own show and don't much care workers from the national transitional council ok well thanks very much for that mr dan williams from human rights watch talking to us from the libyan city of misrata thank you.
1:12 pm
well i'm going back to our top story well that greece is a bailout has been delayed by eurozone finance ministers or investigators in the country who are assessing the economic situation of the country well let's now talk to patrick men for an economics professor part of our business school mr ben furred first greece was saying that it can only pay its bills until october this was apparently a problem for inspectors but now it can last until mid november so i realistically speaking how long do you think out this could really stave off a default. well i don't really know and i don't think anybody does because their accounts are very problematic really knows what the true state is so i think there will be a default and the sooner really that it happens the better for everybody but at the moment playing this game of not giving greece the money but pretending that somehow greece will put its accounts in order so maybe it doesn't need to default but this
1:13 pm
game of pretense must come to an end soon i think because it's simply damaging everybody with the uncertainty. everybody in that sense of contagion has always been a fear economists and politicians alike have been raising the spirits of from the very start why then are euro zone leaders delaying the next pay a lot of money is there a. purpose to this. well i think it's all to do with german politics that in european politics as well because a lot of countries haven't yet ratified the fund that is going to carry the bills forty's that's the european financial stability fund. in germany the politics is very difficult and so mrs merkel is trying to delay as much as she can to give herself as she sees it more room to maneuver but unfortunately all that happens is that it makes the crisis worse when the pressure is on the politicians greater so
1:14 pm
really they would be better off trying to come to a decision on a great default but they don't want to do this because they're frightened that if there is a phone will default this will create a domino effect and bring down portugal and maybe island. start to get problematic for spain and italy so they're trying to avoid a default as long as possible in the hope that something will turn up for voiding as a fault by trying to come up with more funds say in the future and then you were talking about german politics as well as european politics euro zone countries they are moving closer to increasing the currency union scale often almost four fold again the question arises which was asked before how fair is it all the germans who contribute more than any other country to ask them to pay for their for their failing neighbor s'pore will they benefit from this. well not really i don't think so because that will put more and more money into
1:15 pm
a country greece which is really not going to have paid back i mean greece is basically broke it has no revenues hasn't hasn't got enough revenues people don't pay taxes they're refusing to cooperate in the expenditure cuts so nobody can really see any prospect that greece will pay any money back and so germans i think feel that if they pay any more money to greece they won't get it back and that is to. and so really the better course for germany is for greece to default and then if there are some problems in german banks then the german government can help bail out their own banks which would be less expensive than just passing money to greece for their legacy again well thanks very much for your analysis there patrick renford economics professor from art of business school thanks again. now the former soviet republic of was back to start as one of the world's leading cotton exporters and while the government kashrus and the country's most vulnerable
1:16 pm
are paying the price so it is a cut in aggression 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 do you think they were. not can't. talk about the manners of those that the people in the. lands. they don't just they're not being seen as they're absolutely positive. meanwhile on the other side of the world with rogers harvested with illegal child labor he's enjoying the glare of russian cameras will not acquire the mother daughter who's spent her as a dentist presenting her new collection because 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 great tools the tools
1:17 pm
it was like a shan are children as young as seven work an average of seventy hours a week instead of a very interesting and medications not the only thing they're missing out on with no heating proper vats we're drinking water i do too despite our mothers are powerless some of them stood up for their kids protection they were. take it to cotton fields they would be forced to work in the day and would be mass raped at night. with the help of course child labor because they can stand for juices around one million tons of cotton enough to make one billion t. shirt. in the courts in a sold abroad except to the sixty plus retailers including levi and they have pledged not to buy was their quarter because the harvest is so abusive this boycott sends a message to those government that is leaving children is never shake but not
1:18 pm
a pretty member was also was back in scans and faceted 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 as 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 city of andi john and john is the bloodiest chapter in president islam karimov student caves in all this in two thousand fine is forces opened fire on an anti-government demonstration killing five thousand people are other so-called dissidents jail sentences are common but had you spent three years in prison for speaking out after his prosperous business was taken over by the president's people
1:19 pm
and. eremos family as an organized criminal mob does of the economy profitable businesses are under his control if you go to wiki leaks you'll see that the u.s. ambassador calls her karim and matthew a princess but all this will stay just words while the ball. talking to use in afghanistan will carry more of is an important ally when everyone will close on east is crying. but he didn't egypt and tunisia and were once important allies to however the arab spring showed just how quickly things can change. even a great show of our teeth. well you can find more on all our stories that are t. dot com here's a look at what else we have on why for you right now israeli aggression mounts is new u.s. assistant showing a long rise in the amount of back to palestinian violence in the occupied areas of
1:20 pm
gaza and the west frag of war a battle on life. and the clash of the tie that still russian cycles go head to head in court this week as former media mogul but it's been a solves these issues chelsea football club owner roman abramovich for more than fifty five billion dollars of find out why our teams are caught plus check out all our best videos on our you tube channel. is it. down to your social. joy called talk to me.
1:21 pm
the. month old girl. in the registry now in the palm of your. com. here's a look at world news in brief this hour. a huge car bomb has exploded outside a government building near the somali capital mogadishu killing at least seventy and wounded dozens explosion went off near the ministry of education where students were reportedly sitting for four and scholarship exam i would assume you have been identified always used to carry out the attack of all the insurgents which have links to al qaida said they were behind your sites. talking u.s. commander in afghanistan has promised american forces will stay in the region for a long time to try to fourteen was set as the deadline for withdrawal some ninety
1:22 pm
thousand troops currently 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 murdered british student meredith perch for say once again they have no answers as to how she died that's not fair to talk of court cleared american amanda knox of murdering her two thousand and seven you'd already served four years in jail when her appeal was accepted on monday a judge ruled that evidence of sexual assault and murder were unreliable and overturned the original guilty verdict. in southwestern pakistan gunmen on motorbikes executed twelve people and injured seven mostly shiite muslims they stopped a bus force the people off made them sat in a line and then opened fire sunni militants with wings walcott and the taliban have carried out scores of attacks against the minorities in recent years but the past
1:23 pm
couple of weeks have seen an escalation. it's time now for this business news with dimitri. thanks to turmoil in the stock markets continues to press on the ruble the russian currency has lost thirteen percent of its value against the u.s. dollar just this autumn and they did again from forest godhra russia outlines the main reasons for the care of depreciation. of course the main signal was the falling price of crude fundamentals three man remain quite strong average price of four year old is quite comfortable level for russian economy but still it seems that russian banks and corporate sector are buying dollars in order to pay off. a big ations they have to pay till the end of the year more than twenty billion years dollars but all the signals prove that. should grow all and it means
1:24 pm
that. should be my stronger that now. so you get the markets what's going on at the moment with commodities boyle is still losing ground after dropping to the lowest level in more than a year on monday concerns about world demand trumped up the reports in u.s. manufacturing and construction spending brant is just below one hundred one dollars per barrel light sweet as at seventy six ninety two. u.s. stocks remain the sharply lower tuesday after the release of federal reserve chairman ben bernanke is prepared testimony before congress banks are seeing a bump expecting the worst but tech stocks are faring better apple is point one percent lower as it's expected to unveil its new products. this is the closing picture for today's session in europe and of course stocks ended the day in
1:25 pm
the red as you can see there the footsies down two point six percent away by the banking sector that's after european authorities delayed a decision on providing more aid to greece which a bank was there one hundred percent of their lives after wards are going to achieve its eleven pretax profit of ten billion euros. and it was another black day on the russian market as in the outyears my six losing more than five percent of their value on fears that contagion may spread from europe's debt crisis how to manufacture. and the roading demand for commodities if we look at the name movers or should i say loses on the russian market because of course energy shares down six point four percent on a declining crude price called minor scales among the main loses of truth posted weak results for the first half of this year and hydro electricity producer ross hydro was performing a tad better than the market just four percent after its first half net profit rose twenty six percent to eight hundred thirty million dollars if you get your massive
1:26 pm
head out the capital wraps up today's trade. gloom approach cross all financial markets and. well we're seeing are some broken fruit years law sin my sixty minutes break and for this year's law. raise going to beat horror with the u.s. dollar growing close to eighty points. through the turmoil there is no safe level probably except for your store glutes like european authorities are acting too slowly. given the markets some time to fall into slump. in case in place they're too late we may see even deeper fall later in the week the fear of yet another global recession are seen many pull money out of a riskier merging markets but russian railways present for the mill you couldn't so it's cash generation from public offering means it restructured assets are safe. we
1:27 pm
. placed warrants in european markets and that were quite successful attempts. always say the bourse in parlance of stallings was one of the most perfect in the history of form or the russian a man all the companies with a lot profit from this point a few infrastructure is that correct here's the instrument to invest in the partners because money is on the cards in the period of crisis so pre-crisis goes money is lost money is on the sport. business r.t. will be back around fifty five minutes time with not a bad lie the next wave protests against the us but. kook.
1:28 pm
it was created to serve public interests to inform and to entertain. these days there's nothing easier than opening a new media outlet but there is nothing harder than revoking its license in case of the rush wrong. when she's from. san antonio ways and from other.
1:29 pm
problems you can get involved in a community where you have one large corporation controlling the daily newspaper radio stations television stations a cable outlet but you tell me that that sounds like a microsoft public opinion versus f.c.c. broadcast blues kumar chief. cuckold. koori new the latest in science and technology from the ground floor show. we've got the future of coverage in india on cheese available in the grand central shirts and i'm buying the taj mahal in the us some i'm going to watch president combine the short of fame which results from the no beatriz old book clothes are going to go on the haul her toe surges the ocean some rest her tongue pushed kind of slow to cold close up the radio.

23 Views

info Stream Only

Uploaded by TV Archive on