again merging markets as investors for their cash out of developing drugs for a pro-business board and for the matter. of the russian gavel you watching r t joshua welcome to the program first breaking news story russia and china have vetoed a u.n. security council resolution on syria the european bad draft called on damascus to and its crackdown on protesters or face targeted measures but moscow and beijing said this could open the door to a military intervention. has the latest from new york. russian ambassador to the united nations vitaly churkin said the draft was too one sided he described the resolution as a confrontational approach taken by the european delegation and against the

peaceful settlement to the crisis now this draft resolution which was proposed by france with the support of portugal the u.k. and germany but the one part of the text that many countries seem to disagree with was that that called for syria to comply with the resolution within thirty days and if it if not complied then the council would quote consider its options including unspecified quote measures and many council members including china russia brazil south africa interpreted these vague terms as leaving the door open to sanctions now of course russia has one is one of many countries that has been opposed to international sanctions against syria ambassador churkin says moscow believes the violence should be stopped through internal reforms and political

dialogue not external sanctions or military intervention such as the case of libya you bring you see what you broke the drone which was not to do it was based on an entirely different philosophy the philosophy of confrontation we cannot agree with this one so you don't use issues against the mosque we believe the threats of implementing sanctions against the syrian government is an exception to this approved contradicts the principle of a peaceful settlement of the crisis based on a common syrian national dialogue with. brazil india south africa and lebannon abstained from voting on the resolution but it. it was the united states that voiced extreme disappointment that the security council did not hold to mentally adopt the resolution moving forward russia and china said that they will be working on

a resolution to gather that they say will be more balanced in the case of syria now we do know that some council members wanted not only the syrian government condemn for the violence but also a condemnation against all the anti-government protesters that may have been inflaming the violence that has been breaking out over the course of six months but that is a measure that the europeans did not want included in this resolution brazil had noted that had the sponsors waited a little bit longer before a vote was called. divisions could have possibly been a bridge to within the security council but as mentioned russia and china said that they will move forward to try to come up with a more balanced resolution on syria where you know we're not reporting there from new york now the veto by russia and china follows three months of hated debate in

new york the disagreement has split the security council with moscow certain actions were justified now let's get more from the russian capital and that's ok response has more on this many see the power of veto as a last resort in the u.n. security council so why has russia chosen to use it now. what actually it's a rare case of russia using its veto at the u.n. russia has only used its power of veto seven times since the collapse of the soviet union i didn't case of syria russia felt that it ought to do everything possible to stop the resolution from being implemented to stall a scenario similar to what happened to leave in march this year the mandate. it was picked up by nato which side it was aimed at helping civilians you know that that would aid to impose a no fly zone over libya in that year security council vote back in march russia

abstained from the vote but the time and date will speak tough and as a result of that nato allies sided with and to gadhafi forces which helped topple the count so that in the case of syria russia is doing everything possible to stop these resolutions from being implemented and has told. not to let. that happen again what happened in the law to the russians the only prominent member of your security council which is actively trying to mediate a peaceful solution to the crisis in syria and it has hosted by representatives of president bashar al assad and also representatives so the opposition from see right there and it has also sunset about trying to mission a lawyers to see where to damascus and which concluded actually that democratic reforms are being implemented and that syria needs more time to bring them into force well meanwhile this issue of the leadership resolution in syria was raise

stop trip since march this year over two hundred people have been certainly killed in the violence or write downs on anti-government protesters damascus or visual damascus claims that those are a separate tourists whose five were killed to hundreds of officers and that's why damascus is now. trying to resist them but most of those still stands at the point that a one sided approach could only make matters worse now that the u.s. and the west and its western allies have already imposed tests are told but set of sanctions aimed against president bashar al assad about moscow says people on the fuel the crisis in the country and it will. stand by is must each ball the opposition to keep fighting. ok serious thanks very much indeed for bringing us the subject is really the charm forty life from the russian capital.

from remy university in beijing says that the russian chinese veto of the security council resolution on syria will not stop the u.s. taking unilateral action against the basket. i say is a very important of the right position for china russia to reach all the proposed the sanctions against russia the. downing street piece the sanctions. are the best way to settle but complicate the immensely complicated similarly by peace for dialogue we can bring stability and peace driving all the us all you bending paisley's always the feedlots way or your industrial action so i think right now there is a very high probability for us to take action against syria even. told desertion by russia and china. the syrian ambassador was given the floor in new york after the security council vote bashar jeff are you took the chance to have

a go at washington. the u.s. is used to veto fifty times to protect israel and it continues to threaten to use the veto power this could be considered partying in genocide. a common saw the entire u.s. delegation had a by susan rice walk out of the meeting in protest the syrian and boy was referring to america's stance on the palestinian bid for full recognition at the u.n. the white house says it will veto any resolution to grant statehood saying that such a move can only come through direct talks between israel and the palestinians. the chinese view on syria the u.n. security council resolution may sour relations with the u.s. even more. later in the program we a report of how washington is trying to get back at beijing for allegedly under valuing of the you want and taking away american jobs. thousands of people unite against the government's latest round of austerity measures and

a twenty four hour strike in greece flights in and out of the country are canceled schools closed and hospitals will be working at reduced capacity this nationwide protest comes after eurozone finance choose to postpone greece's next bailout sponsor firth is in athens. just a couple of hours' time you're going to be seeing the country's main labor unions leading thousands of people on to syntagma square behind me. the main parliament building protesting of course against the new wave of assertive urges that they see put in place with new announcements here in athens the job layoffs there's been tax hikes recently a really deep discontent amongst the public here flights in and out of the country have been cancelled schools and hospitals are expected to operate on a vengeance instead of the public charter schools going to be stalled and we've seen this happen before outside this policy many many times the people protesting against these measures they're saying pushing the country into an even deeper

quites this at this point the situation really is not just quit school for greece the critical for the rest of the usa as well we're already seeing a lot of concern about exactly how far the contagion is going to spread and he's going to be affected by it so while it certainly has seemed that this is the place where say much of this is played out on syntagma we saw a couple of years back they see the protesters up against the parliament building being pushed back by right place you know a couple of years on and we're back here again and what people are starting to realize now is that it's not just going to entail all syntagma in athens we've already seen this over and that quite is now spreading into a many fear is going to be another banking crisis and there's been a lot of concern criticism as well about the way that the euro zone leaders have been managing the situation about their inability ready to come up with realistic

measures that are going to stop this crisis in the track and put certainly greece back on the right track but the rest of the eurozone is slow we've heard the protesters will be telling us they saying much the same as before that they're still dealing with these measures that are put in place to try and play. international lenders that really these measures are nothing more than a sticking plaster over the gaping a wing that is this all going quite as and now really people are going to be looking to see whether there's going to be anything that can be done now for preventing this financial crisis spreading into a very deep recession in the country and in the usa as a whole. self worth reporting their investment advisor pattern says that the european union needs to respond to the greek debt crisis much quicker if it's to stay in tat 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 pig headed intransigence particularly amongst the finance ministers but they're specially amongst the leaders of the european you 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 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 bad 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. china has expressed its condemnation of the u.s. senate's bill on the chinese swan after a vote to allow a debate on the so-called currency manipulation bill the legislation would make it

easier for the u.s. to impose penalties on its trading partners washington accuses beijing undervalue its currency to help its own explorers taking away of merican jobs but china has told the us to abandon protectionism and stop politicizing economic issues the u.s. house speaker john boehner also spoke out criticizing the bill calling it pretty dangerous web journalist and what harrison says america is just trying to spread the blame for the global economic crisis to other countries. well the reason to bring it up now is to show that the united states government has done enough in order to create a self-sustaining recovery and therefore the problem must be elsewhere that is the problem must be in europe it must be in china elsewhere it's not because our policies have failed course. that's really what is going on here the reality is that the u.s. government's policies have been successful as

a result they're looking for other places to place blame or to share the blame for the economic crisis that is global at this point but nonetheless really the united states the reason that you know it's a huge trade deficit not just with china but with other countries because the private sector see. if the u.s. wants to address the problem of deficits that is trade deficit it really needs to look at creating policies that raise private sector savings. forces have valid to launch what they call a final attack on la market obvious hometown of sered several strategic areas of the city stronghold have already been taken over by fire before it leaves national transitional council aided by nato airstrikes colonel gadhafi whereabouts remain unknown more than seven weeks after the capital fell to the former rebels the ongoing civil war in libya began more than six months ago with over thirty thousand

lives lost. her a spokesperson for the red cross who visited the region says the situation there remains dire. we managed to get in the hospital and spend 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 be presented to us 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 and no i've been 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 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 despair as much as possible to civilian people and to always distinguish between military and civilian targets. thousands of americans are gearing up for another day of demonstrations in the u.s. capital they've been protesting for three weeks against corporate influence on government policy which they blame for the country's economic woes but even after the police arrested hundreds of activist over the weekend the movement's still picking up of anthem across the united states among the window reports. we don't want that not anticipating more pain we're not bringing more aggression and i think people are taking a step right more than a thousand people in los angeles. chose to stand in solidarity with the occupy wall street movement. at city hall the very visible center of

government in power and i think that demonstrators worry that the one percent who controlled most of the nation's wealth have gained a stranglehold over the u.s. government alexander hamilton you know referred to the people he was so afraid of as the great peace and the great peace as a way people of all walks of life had turned out for this mass demonstration here in los angeles now a lot of the protesters here say they've gotten their inspiration from the demonstrators in new york and in athens and others are inspired by the revolution of egypt now there's still much debate about whether this is part of that revenue scenary movement here in america but one thing that people can agree on is that some drastic changes need to be made as to how this country runs from the east coast to the west coast and a growing number of places in between a collective anger is unifying people. in the windy city a group has been demonstrating outside the federal reserve bank in chicago for more

than a week in boston a tent city in the heart of the financial district means occupiers can voice their discontent with corporate greed twenty four seven and. just by dozens of arrests demonstrators intent to show that democracy does not end at the ballot box families have also been marching in denver and san francisco demanding radical change from wahoo to olympia to all my hot to orlando according to the occupy together website protests are being organize. in more than one hundred cities points that people are standing behind are worth a revelation i believe their time and that i think that i think the world is recognizing that doesn't work despite mainstream media down plain and even ridiculing the movement supporters have faith the message will be understood you saw what happened in london and they tried to make that out about a bunch of people that were just you know you know the bad apples that see humanity

humanity's got to think some of them something is wrong already bruised by soaring unemployment poverty and foreclosures the middle class are now being told to tighten their belts leaving many americans to finally find their voices across in the beginning bigger it looks like it is spreading throughout the country and you know they had a arab spring and you know hopefully we have with us in los angeles ramon lindo r t . now let's take a look at some other stories from around the world government troops opened fire on r. and tribesmen supporting protesters in the southern yemeni. activists also clashed with security forces in the capital sanaa where over one hundred people were caught up in fighting and killed last month meanwhile thousands took to the streets of yemen protesting the decades long rule of president saleh rising in yemen started in february and has reportedly claimed lives of over fifteen hundred people.

chilean students have continued with demonstrations against the government calling for better public education and it's haftar president sebastian pinera threatened tougher sanctions as for protesters who occupy schools or university buildings at least twenty were arrested by riot police who disperse the rest using tear gas and water cannon in the capital santiago payors law project has been seen by student groups as a provocation which works against five months of negotiations between students and the authorities. and to mexico where security forces have arrested eighteen police officers accused of working with zeroes one of the most powerful drug cartels along with those captured were nine inmates who'd been part of a recent mass breakout from prison in the state of veracruz tipped off by locals led troops to a small village where the fugitives were hiding out the gang was planning to join

the notorious cartel which has ravaged parts of the country with killing kidnapping and extortion since last weekend almost two hundred police officers have been arrested for alleged ties with illegal drug dealing. more news videos and the latest updates can be also found on our website com here's a taste. is no longer at favorite flavor for people across the world a new slightly graded i phone or as it is revealed and company shares drop by more than four and a waterproof sand with an. just thirty minutes. online drinking is becoming ever more popular as many young people in america and europe choose to stay at home and raise their glasses to their monitors instead of going out and being sociable.

our top stories in just a few minutes and in the meantime stay put for at the business update with kareena . and i welcome to business here thanks for joining me fresh concerns over the u.s. economy has worsened the selling spree at the markets u.s. fed says recent economic data shows no improvement in the biggest economy and most markets are taking the biggest hit as investors pull their cast out of risky developing countries but analysts believe that if we manage to avoid a double dip recession emerging markets will outperform other global in the. emerging markets in general are much stronger fiscally they have much stronger growth that is expected in europe in the u.s. and corporations in emerging markets such as russia and elsewhere are also much stronger so you know i think it's for now investors are simply right on the concern

that we could get a catastrophe if we can avoid you could see which now looks more likely and i think once we settle down we will see more money coming back to emerging markets faster to developed markets. well the markets may be entering a state of panic with investors paying little attention to fundamentals but justin and steve from merrill lynch told us there are still plenty of ways to generate funds even for long term infrastructure projects. there's a couple of sources that obviously with the debt market still open for the whole you call it c. credits with long term asset by three such as infrastructure projects i think the markets will still be open until the act but you saw it there are a lot of equity firms pension funds long term investors the will to deploy capital in private investments at the moment to support the infrastructure development so that's why the global i think investors will have a low return threshold to looking for safe return will still will still put money

to work. i think look at the markets now oil is in the black for us day four after all reports that a new west gasoline stockpiles dropped five million barrels last week futures rose almost four percent up to point eight percent in the past three days brant blend is trading at over one hundred and over one hundred one dollars a barrel while as at around seventy eight dollars a barrel and stocks in asia mixed on wednesday japanese shares are trading in the red with heavyweight class pretending company following up to a downbeat sales report as nicky's are dropping point seven percent this hour versing from opening games australian stocks are lifted by gains for banks and energy companies but markets in hong kong and mainland china closed from politics one hour ahead of the opening bell in moscow russian stocks ended tuesday's trading session deep in the red with both the r.t.s. and the wise it's over five percent down banking stocks among the worst performers

would spare a bank and b. to be dropping around eight percent. question equities continue to shed their value with negative sentiment raining this week you get a coach miles of that capital believes that there won't be much rest by wednesday either. despite true attractive valuations fresh produce will definitely follow all market sentiment so i guess we do not see any strong actions from global financial loss or it is there will be no rebound in the stock markets of course we do see some potential in selected sectors for instance russian energy or sartre lotrel or. selective pressure here are gone especially the in corporate names with low leverage can be kind of safe have been however in case the negative sentiment containers. will behave as well that's our business up at this hour german forty five minutes from our all over to our web site.

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breaking news here on our t.v. russia and china have blocked a draft resolution on syria the un security council saying at the text doesn't rule out foreign military intervention they can down the draft as biased and unhelpful to the crisis in syria moscow and beijing want a different resolution that will push opposing sides of the conflict towards dialogue. flights are canceled in and out of the country transport is disrupted and schools closed as greece braces itself for a nationwide twenty four hour strike that's in response to the government's latest hysteria measures as you push back the next round of bailout payments. and collective anger sweeps coast to coast across america as a movement to corporate protestors grows by the thousands of activists one.