tv [untitled] October 4, 2011 2:00pm-2:30pm EDT
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the rage of corporate greed on wall street's role in the financial crisis hits more u.s. cities but protesters say the average campaign is largely ignored by the mainstream media. the results finance ministers to a crucial bailout cash for athens as it misses deficit targets all greeks claim state imposed costs are already pushing down on a girl. that is transitional leader it's name a new cabinet as we get often quite a responder pinal talk of the colonel's stronghold of certain which the red cross says is suffering from a humanitarian crisis. and russia's currency has continued slide did
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so follow thirteen percent versus the dollar just this look we want to find out why this is happening what you expect in business all to us. it's just after ten pm here in the russian capital you're watching our top story fury over corporate power in the u.s. is spreading from new york across the country thousands of joy the occupy wall street movement angered by the economic slump and the role of big business in its hundreds of demonstrators have been arrested but artie's on to see if you're going to report some erika's mainstream media has been a largely ignoring the rapidly growing movement. taking the big apple by storm. getting arrested by the hundreds. getting netted and pepper. straight in the face.
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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 con 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 teach specific steps to fight for change in the west are largely getting annoyed and marginalized this artist and activist has been arrested twice i didn't expect to be arrested i didn't expect to get beat by the police it is good to get locked up and incarcerated for always and always knows where 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
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to know this is to be disobedient you have the stairs 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 use because it's hoping you know is bringing more work you will 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 the corporate media we three into the camp outside our 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 the truly body odor and urine 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 boy unnoticed by the corporate and political elite it's tougher than ever for
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those. against the system to get attention but even some police officers ready to admit this protest is the way. the only. way to do what i do the occupy wall street movement promises to grow in the months to come and history shows that the voice of the people can't be neglected forever is that inter cannot r.t. new york. let's now talk to robert david senior political analyst and former intelligence officer mr steele the occupy wall street protesters they reset everything from lack of jobs to global warming is there a common cause uniting the activists. there actually is and if you look at the day of rage cage it's electoral reform these are not stupid people they're very smart and they understand that at root this is about corruption in government and corruption on wall street and until you have electoral reform you cannot restore the integrity of the u.s. government so yes there is a common cause but it's
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a bottom up movement and so that common cause is being released in many different ways all right and you mentioned electoral reform is that what they want to achieve and candid administrations achieve this in her opinion. i can't speak for them but i am driving up to new york on thursday and we are having a meeting and they are adopting or i hope they will adopt the nine point lecture reform program that ralph nader jim turner christine told and myself and several others have put together. my objective on thursday is to get the group as a whole to consider demanding electoral reform legislation by the fourth of july twenty twelfth or go on general strike if not. our answer no electoral reform has to happen if they don't adopt these ideas winter is coming hitler found winter in russia wall street will have its own winter well i think they're toast by the first of november unless they get their act together ok
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and will be here us economy has been on a downward spiral for a while now and we've also seen congress. why is this movement coming to prominence now i. think. that's an interesting question a because i was actually a reagan republican and i did not realize that it downfall us economy began in one thousand and eighty when ronald reagan broke the back post the air traffic control strike he basically ended the role of labor as a counterbalance to management the united states i think the united states right now is much more desperate than people realize we're at twenty two percent unemployment on our way to thirty percent we are at sixteen percent below the poverty line on our way to thirty percent there is no question in my mind that this is going to be a very dark winter in the united states and unless to government we stores its
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own integrity and start paying attention to the public interest rather than to the special interests i believe that we will have a form of revolution initially nonviolent but with the potential to become. yes i wanted to touch on that the nature of the protests they did start out peacefully and i wanted thirty we've seen hundreds of arrests seven hundred more than seven hundred on the brooklyn bridge and we are seeing a tempers flare do you think it would become widespread we've seen we've seen sporadic violence will it become widespread. i have to say that on the one hand i really admire new york city and what it tries to do but on the other hand it's to me it's the state police capital of the world. new york arrests more people from now one other than anywhere else on the planet. they can now shoot down airplanes and do all kinds intrusive surveillance i think the new york city police have on the one hand been very well managed and on the
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other hand have gotten out of control lower levels yes we have a soccer mom burn herself to death somewhere in here. country to the streets my personal hope is that a general nonviolent strike will be used to shore city issues electoral reform tom campbell thanks very much there robert david steele former intelligence officer thanks again. right well across the atlantic greece has once again been a left hanging this time until mid november years on ministers a push back a decision on having over more bailout cash has admitted it won't meet deficit deadlines despite crippling cuts but if we find as minister has said the nation can wait another month for a rescue arkansas or for reports now from the a sturdy capital. has been here all the syntagma square that the more dramatic side of this economic crisis in greece has been played out as time and
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again we've seen people turning up outside the parliament building to protest against the civilians there is a message that they say that's that the untouchable 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 of the custom it's a good way to be able to me is tough deficit reduction targets doesn't fit throughout the whole year is a really about what the implications of that will be the greek government have also agreed to measure to put thirty thousand civil service our reserve little nadler gotten in the salary. they'll be at the end of the year the possibility of dismissal there are great and why do you think that. is the country to stay late to treat awarded to care in the cockpit and maybe trying to hammer out the details of that now it has to be said that. the only sure you get that money.
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to greece at this point is also about the rest the eurozone countries and indeed the global economy that is that this was not a secret not on the facts but people are really asking now whether the euro is a myth is it going to be able to come up with willis thick solutions to get the country out of the situation that has been criticism from some of the analysts we've spoken to here or not these days that we've seen the job losses we've seen the cut in wages and pensions these are people who no longer be able to pay top people who are struggling to pay their taxes and yet the government still seems to be such a list tax they 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 you also talk about the possibility of. and as we said still a lot of public anger at the people can he fill the lives of being put in
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a situation that is simply untenable that they can't live with so we can see more of that strike action that we've seen so much of over the last year or so happening against my big concerns willy about whether a year it's a needed again to be able to pull the country out of the situation all despite ongoing rumors the euro finance ministers have rejected the possibility greece will default on its loans but investment advisor patrick young says out there needs to be the single currency if it wants to save its economy. the european union are trying to keep fiscal control of greece because they think that's the only way they can actually control the crisis a century what is being fought at the moment is a battle for the sovereignty of greece the european union is too slow in going there is too little leadership and there is a pig headed intransigence particularly amongst the finance ministers bullish specially amongst the leaders of the european union nations in terms of understanding that they needed to move
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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 rule by the end of the year if we don't see children 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 just starve to death because it suits the troika of international lenders. and still ahead for you at this hour the colossal cost of high fashion one of the world's leading cotton producers islam for allegedly using leverage to harvest a profitable price. now live is a new rulers and they have a new cabinet to govern the country until it's fully secured the national transitional council now controls most of the country there are still pockets of heavy resistance after today's seems far to allow residents to leave and to get out
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the troops continue attacks on his missing town of sirte the red cross is warning of a humanitarian crisis as the child runs out of essential supplies to get back here a spokesperson for the organization who visited the region says the situation there remain stier. 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 to talk. sensitives of the civilians to understand the situation they talk about lack of food the market for there is no electricity there is a lack of fuel in the city and there is very difficult at systematic and care and i had to say my 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 bell and other surrounding villages and my colleagues from the west as well are looking at the internally displaced families
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these people as well are living in difficult conditions because they are they are leaving just their houses to flee the ongoing fighting in the city of sirte and they are being displaced into the desert. living in high difficult hygenic conditions and having no access to medical care and no potable water we have been calling upon all parties to the conflict to spirit as much as possible to civilian people and to always distinguish between military and civilian targets. nato yet to decide when to end its military campaign in libya author and journalist russian response he says it's clear the only point of the war was to divide the country's resources. this is what nato are involved in the action which is obviously contrary to the u.n. resolution which is mandated to go in and overthrow the government of gadhafi we're getting reports of electric torture electric shock torture being used by these revolutionaries who exactly are the people that are fighting nato because they may
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not like it are free they may not like the nature of 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 be an issue explosions and the so called attacks there or even reporting the bombing of hospitals and. now the former soviet republic of was there to start as one of the world's leading cotton exporters and while the government cashes in that the country's most vulnerable are paying the price as art is you could you know grandchildren 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 peeking o.p.m. not cotton but the. girl when i was a thought was that when they have stood up again that was not as. i just said i do
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you. trust them because of the not yet. meanwhile on the other side of the world the produce harvested for the legal child labor is enjoying the glare of flushing cameras were not ok you know like your troll who spent her as a dentist resenting her new class because forbes magazine ponders on how she's managed to be so commercially successful well i graduated from harvard so. so so it's a really good score you know in terms of you know giving you great. tools it was like a shot on our children as young as seven to work an average of seventy hours a week you stand a little interesting and medications not the only thing they are missing out on but no heating proper bats were drinking water. to be sprouting and mothers are
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powerless some of them stood up for their kids' protection they were arrested and taken to cotton fields they will be forced to work in the day of the mass rape at night in sweden. with a healthy course child labor is based on produces around one million tons of cotton enough to make one billion. the cortinas sold abroad except for the sixty plus retailers including the wire and they have pledged not to buy was that cotton because the harvest is so abusive this boycott sons a must search for those that government that is leaving children is not shake for good or not ok the mobile was also used by pistons and busted 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 a catwalk still weeks ago but human rights groups urgent it was a terrible message for the fashion industry to be sending that they would lend
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a high profile platform to the senior official of one of the world's most repressive governments the government for about six years ago impeached in. the disproportionate use of force against mostly peaceful protesters in the eastern city of andijon and it john is the bloodiest chapter in president islam karimov still decades you know in two thousand forces fired on an anti government demonstration killing five thousand people are the so-called dissidents jail sentences of home behind you chad he spent three years in prison for speaking out after his prosperous business was taken over by the president's people. there emotionally as an organized criminal of mobutu business it is of the economy profitable businesses and their under his control of well if you there is a wiki leaks it will see that the us ambassador coleshill karimov still to
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a man here princess. but all this will stay just words while the war continues in afghanistan to carry north is an important ally that works well in everyone to be able to close our eyes to describe. but believe it egypt and tunisia and were once important allies to however the arab spring showed just how quickly things can change. people to be in a virtual hard to. well you can always find more are all the stories that are dot com here's a look at what else we have on live for you right now it's really a brush imbalances knew you wanted to stick show on a lot of the rise of the amount of alcohol a film if i was occupied areas of gaza and the west bank more than on why. it's possible to tie that stuff. russian titles go head to head in a fourth this week as former media mogul that is but it's also chelsea football club owner roman abramovich for more than a father dollars find out why our team dot com check out all our best videos to
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column. here's a look at some world news in brief this hour a huge car bomb has exploded outside a government building in the somali capital mogadishu killing at least seventy and dozens the explosion went off near the ministry of education where students were reported news sitting for a foreign scholarship exam i would guess is say on the unidentified vehicle was used to carry out the attack. insurgents which have links to al qaida also said they will be hired because some. top u.s. commander in afghanistan has promised american forces will stay in the region for a long time twenty fourteen was. also ninety thousand troops currently deployed in the country president obama wants a third gone by next summer but general john allen says the exact number of troops that will remain to advise the afghan security forces is yet to be determined.
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the family of murdered british student meredith kercher say once again they have no answers as to how she died after an italian court cleared american amanda knox avert a recurrence free two thousand and seven she'd 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 and injured seven mostly shiite muslims based dr bostwick forces people all made of stand in the line of fire sunni militants with the taliban have carried out scores of attacks against the minority should i recent years for the past couple of weeks have seen. it. all right now let's take a look at what's happening in the world of business is here with an update.
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thanks as observed all of the stock markets continues to press on the ruble the russian currency has lost thirteen percent of its value against the us dollar this was unloaded and given from forex club russia believes the ruble depreciation is not jus two fundamental factors right now we see that oil prices are on quite comfortable level for their action economy and therefore robo that means that. russian the ruble has the potential to be stronger but. also likely to. transform the russian consonantal because. banks buying cheap roubles from central bank they also take some money from the budget for ministry of finance and then they. have a bad on a stronger dollar. take a look at the markets now starting with the commodities world continues to lose
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ground out to dropping two lows more than a year number of concerns about where we are now and trumped up a group called sunday u.s. manufacturing and construction spending pausing at the moment as brant just three one hundred dollars per barrel of light sweet at seventy six dollars fifty three cents a barrel. moving to stock markets now in the u.s. stocks remain sharply lower and choose the release of federal reserve chairman ben bernanke he's prepared testimony before congress he has said the outlook for the jobs market is not that optimistic banks are seeing a bank they're expecting the world's tech stocks are faring a big bads are apple is just point one percent as it is very late its new i phone four s. telephone the first presentation in many years without steve jobs leaving. mary on the russian markets and they felt the deep into the red more than five percent
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before the r.t.s. and for the my six investors are concerned that contagion from europe's debt crisis will hurt manufacturers on the road demand for commodities a look at the main movers or should i say losers for this case these are energy shares rose and down six point four percent on a decline in crude coal mine there are spots where one of the biggest losers there for thirteen percent are proposed we preserve also the first half of the year hydro electricity producer ross hydro also no exception doing a bit better than the average should markets a trend down just four percent if you can see just in this case it's net profit rose twenty six percent to eight hundred thirty million dollars you get you get your miles of alpha capital wraps up of a straight. global approach cross all financial markets. we're seeing you break him for years. sin sixteen is breaking for this year's law.
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with your raise going to be it horror with the u.s. dollar going close close to eighty points so the turmoil and there is no safe have probably except for you are stronger looks like you're going off the way of tears you're acting too slowly so given the market some time to fall into slant . in case in case they're too late we see even deeper fall later in the week. i fear of yet another global downturn and seen many pull money out of risky and as you markets will caution railways present will be quinn says many international financial institutions are still more than happy to invest in infrastructure but. they are more serious. more thorough but they are not. resistant to say the least they are interested in cooperation with russia railways they are interested investors to loan.
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the god promised them this milind belongs to. will that if they are still going to be thinking. god's chosen people will not believe that god is real estate agent say look at this that is this for you guys and this guy as as. under the current this is all of my research might not that. prompted you. to look up the. tab. even the books of this connection to lamda sacred. magic is the essence of
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life. whether it is a produced press. or a shamanistic which. crossroads of two marriage comes. faith is strong and spirit is high. wealthy british style. is not on. the. market why not come to. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune in to kaiser report on r g.
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