breaking news on our t.v. russia and china have blocked a draft resolution on syria of the un security council saying the text doesn't rule out a foreign military intervention. it's a right case above all should be to the u.n. a small scope feels it costed for a bond to get another levy a style scenario joining me to do the grandchildren just a few minutes from moscow of more. recent races itself or a twenty four hour nationwide strike in response to the government's latest round of austerity measures. flights being canceled headed out of the country public jobs at a standstill and schools of play simply let up on to the streets of athens to say that

distance heads the brunt of the eurozone debt crisis will bring you all the latest just feeling. this is the russian equity markets are heading for the first gain in four days we'll bring you the latest figures in our business bulletin in front of the start. of the line from moscow eleven am here on marina joshie welcome to the program and our breaking news story russia and china vetoed a u.n. security council resolution on syria european backdraft called on damascus to and its crackdown on protesters or face targeted measures of moscow and beijing said this could open the door to leave u.s. dollar military intervention art is very important i has the latest from new york. russian ambassador to the united nations batali 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 it if it had not complied then the council would quote consider its options including unspecified quote measures 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 are you putting your suit would you grant the draft resolution which was not asked to be was based on an entirely different philosophy the philosophy of confrontation we cannot agree with its one sided accusations against damascus we believe the threat of implementing sanctions against the syrian government is unacceptable this approach contradicts the principle of peaceful settlement of the crisis based on common serious national borders or you should brazil india south africa and lebannon abstained from voting on the resolution but it was the united states that voiced. stream disappointment that the security council did not bolts

of italy 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 we do know that some council members long said not only the syrian government condemn for the violence put also a condemnation against 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 marina who are now reporting there are the veto by russia and china follows three months of heated debate in new york the disagreement has split the security council but moscow is certain its action was justified artistic explains. russia has only used its power of veto seven times since the collapse of the soviet union but

in case of syria russia feels it has to prevent similar scenario in yet another arab state to what happened in libya after the u.n. mandate to protect civilians was implemented that resolution was tossed in march with russia stating from the vote but the mandate was beefed up by nato which sided with and to gadhafi forces in libya helping them to topple the khan and russia claims that in case so in case of the un mandate was misused and has vowed not to let that happen again russia is actually the only prominent member of the security council which is actively trying to negotiate a peaceful solution to the crisis in syria because it has hosted representatives of both president bashar al assad and members of the opposition trying to notch them towards dialogue and russian lawmakers have also gone on a fact finding mission to syria concluding that the moscow's he's in fact implementing democratic reforms and promises and that it needs more time to bring

them into force the u.s. and its european allies have already implemented as such hope sanctions aimed against regime of president assad and a full team to step down oh russia claims that such a one sided approach would only make matters worse and that is sending a biased message old strong support for the opposition to keep fighting which is only fueling tension inside the country. the syrian ambassador was given the floor in new york after the security council vote bashar jaafari 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 partaking in genocide. the common saudi entire u.s. delegation headed by susan rice walk out of the meeting in protest the syrian war

he was referring to american stance on the palestinian bid for a 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 veto in syria the u.n. security council resolution may sour relations with the u.s. even more later in the program where we foreign how washington is driving a bag of beijing for allegedly undervalue way 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 chiefs postponed greece's next bailout our correspondent sara 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 this entire square behind me outside the main parliament building protesting of course against the new wave of the surge which is that they see that in place with new announcements here nothing's the job layoffs this entire site recently has 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 the agency staff the public charter schools going to the store and we seeing this happen before our flights this fall and many many times the people protesting against these measures there say a fish in the country into an even deeper crisis to this point the situation really is not just to school for greece to quit school for the rest of the year as a 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's what people are starting to realize now is that it's not just going to end ted olson tiredly in athens we've already seen a storefront that quite is now spreading to many third gauge be another thanking quizes and there's been a lot of concern and criticism as well about the way that the euro zone leaders have been managing this situation about their inability really to come up with realistic measures that are going to stop this crisis in the track and certainly greece back on the right track but the rest of the year is it is slow we've heard the protesters to be turning as they saying much the same as before that they're still dealing with these measures that are put in place to try to please international lenders that really these measures are nothing more than a sticking plaster over the gaping wound that is this whole going crisis and now really people against you looking to see whether there's going to be anything that can be done now for preventing this. financial crisis spreading it's

a very deep recession in the country and in the usa as a whole so far as reporting their investment advisor patrick young says that he or opinion needs to respond to the greek debt crisis much quicker if it's to stay intact the european union are trying to keep this cool 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 soul frontier greece the european union is too slow in there too little leadership and there is a pig headed incremental germs particularly amongst the finance ministers specially amongst the leaders of the european union issues 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 leaving with contagion that is going to kill the euro ruled by the end of the year if we don't see the whole job and run production

realistically about 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 the troika of international lenders china has expressed its kind of nation of the u.s. and its bill on the chinese wine after i voted 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 are undervalued currency to help with all explorers staying away american jobs china has told the u.s. 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 and some experts say that even if the bill doesn't become law a trade war between washington and beijing is unavoidable. even news be old

will not become the law i think there is a huge tree that is peeled to be turned china and the us to worry about because can't now we'll be trade war. in the us under chinese government sounded piece of the community you are right a lot of preparing for the possible sanctions and you don't pee and you and how deter of actions from the us against the chinese export arse to my luggage the ministry of commons and the t.v. also you know china's central bank and the odds are part of any of the governments are preparing for worrying that worry much of detail because tend to fall a possible. fights of from the us side. in the us and south thousands of americans are gearing up for another day of demonstration 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 police arrested hundreds of activists over it we can't the movement still picking up

momentum across the united states among reports. you know when that knowledge is creating more pain we're not very smart perhaps and i think people are taking it. 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. demonstrators worry that the one percent who control 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 have turned out for this mass ministration 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 the 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. despite 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 a lawsuit to olympia to omaha to orlando according to the occupy together web site

protests are being organize. in more than one hundred cities points that you place standing behind are worth a revelation i believe their time and that i think i think it worth is recognizing that it doesn't work despite mainstream media down plain and even really killing the movement supporters have faith the message will be understood and you saw what happened in london they tried to make god out about a bunch of people who were just you know you know the bad apples that's humanity he's got something is room 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 because we begin in bigger it looks like is spreading throughout the country and you know they had the arab spring and you know hopefully we have with us in los angeles. r t.

but that a long war in afghanistan is no where near that sand is the top u.s. commander in the country admits american troops will stay there much longer than expected some ninety thousand u.s. soldiers serving in afghanistan have been set to leave the country in two thousand and fourteen the original withdrawal deadline set by nato washington have promised that all foreign troops will be out by them leaving control the military situation to afghan authorities but author jerry been guy who's written extensively on the subject of ghana stance as the war has only got worse over the years. there are many reasons why the united states and its allies particular united states will stay in afghanistan in the first of all is that the war is getting worse there more i.e.d. easing cording to the un that is to say mines have gone off in the last few months is another one for more u.s. soldiers and marines are dying there more casualties civilian and military than can

the time in the ten years since foreign forces have been in afghanistan and also the afghan national army. and its police forces are not ready to take over you have a twenty four percent desertion rate in the afghan national army now the united states is letting contracts to american contractors to build barracks in various air bases around the country and shin bet in the in the west perhaps to watch. air flights over iran in mazar sharif in the north perhaps watch former soviet central asian republics in kandahar in the southeast perhaps watch pakistan the united states does not have any intention i do not believe to leave in the short term there are many who feel that they have to surround iran perhaps soft containment of china nato and its allies i don't think are ready to leave this very volatile region and united states does not want pakistan to try and make afghanistan a satellite it's a very complicated very dangerous area and i do think that u.s.

forces will be there for a very long time. leading forces have vowed to launch what they call a final attack on water could obvious hometown sered several strategic areas of the city stronghold have already been taken over by fighters or of media's national transitional council aided by nato airstrikes the colonel could out his whereabouts remain unknown more than seven weeks after the capital fell to the former rebels going civil war in libya of again more than six months ago with over thirty thousand lives lost given a spokesperson for the red cross who visited the region this the situation there remains dire. 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 be presented to us of the civilians to understand the situation they talk

about lack of food lack of for troops 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 have 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 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 hide living in hide difficult hygenic conditions and having no access to my the compare and no potable water we have been calling upon all parties to the conflict to spirit as much as possible to civilian people employed always distinguish between military and civilian targets. now let's take a look at some other stories from around the world government troops opened fire on foreign tribesmen supporting protestors in the southern yemeni city of taiz activists also clashed with security forces in the capital so now we're over

a one hundred people were caught up in fighting and killed last month he while thousands took to the streets of yemen protesting the decades long rule of president saleh the uprising 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 a better public education that's after president sebastian pinera threatened tougher sentences for protesters who occupy schools or university buildings at least twenty were arrested by riot police who dispersed the rest using tear gas and water cannon in the capital santiago de niro's 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 now where security forces have arrested eighteen police officers accused of working with zero swine of the most powerful drug cartels along with those captured were nine inmates who have been part of

a recent mass breakout from prison in the state of veracruz a tip off by locals led troops to a small village where the fugitives were hiding out gang was planning to join the tories cartel which has ravaged parts of the country with killing kidnapping and extortion since last week and almost two hundred police officers have been arrested for alleged ties with illegal drug to your. own use of videos and latest updates can be found on our website which is r t dot com here's a taste. it will be a night of shining stars in new york as world famous conductor of their year year and a mariinsky orchestra our special guest at the party halls one hundred and twenty thousand person receives an opening. also online it after all is no longer one of the world's favorite laborers as the new i phone four ass is revealed the company's shares dropped by more than four and a water proceeded with just thirty minutes. oh

very shortly crossed up with peter lavelle will be coming your way on before that it will take a look what's happening in the world of business. welcome to our business update this hour russell markets are struggling high and strong record prices and gains on wall street are helping russian equities recover from tuesday's sharp losses russia took a big hit during the latest market turmoil as best as opposed to cast out of risky developing countries like adam a say that if a double dip recession is avoided emerging markets will outperform other global indices 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 once for now investors are simply right on the concern that we could get a catastrophe if we can avoid the contrast for three weeks now looks more likely and i think once we settle down we will see more money coming back to emerging markets faster than developed markets so this is market swiss have many investors wondering over where to put their money just announced the fall marilyn suggests infrastructure projects still are for the prospect of some stability. when you look at a live infrastructure projects a truck she notes it was there may be emerging markets but ultimately they are the gateway to global trade whether it's parsons a trouble free traffic around the think a lot of investors see that was a little chilly so you know i'm in the goals of these projects so we've probably tossed whole companies they tend to be great ways to the global trade and therefore

that's to say all the investor interest group structure the most of us to do with globalization on the opening of the market to new address to the new companies overseas so it's an interesting way to play an emerging market but also the to do risk gets progressively complicated for volume structure to support those imports much more right. and taking a look at the markets now or those in the black for the first day and for afterward for the u.s. gasoline stockpiles dropped five million barrels last week which is rose almost four percent after falling eight percent in the past three days brant brant is trading at almost one hundred one pound while governments guy is that over seventy eight dollars a barrel stocks in asia are mixed on wednesday. japanese shares traded in the red with heavyweight fast retailing companies pouring after a down day sales report brands nicky's dropping almost sad person from opening games markets in austria high at tokyo listed takes quarters that down as sony losing one point seven percent toshiba down two point three percent detaches

dropping nearly two percent hong kong and mainland china of. any european stock markets open in positive notes with wolf blitzer the dax again over two percent this hour here in moscow stocks are all trading losses from the steepest three day decline in more than a year and isaac's advised as much as two point eight percent this hour it was two point four percent of the start of the trading session now let's take a look at something individual shammal some isaacs all majors are on the rise supported by stronger crude global snap and low coral are adding two and a half percent and financials are also gaining with spare bank two in the sack. the russian ruble continues to feel the pressure the currency has lost thirteen percent of its value against the us dollar has sought some and trade to gain from for its club russia says this is not due to fundamental weakness in the domestic

economy but right now the fee that oil prices are on quite comfortable level for their action economy and therefore well it means that. russian the ruble has the potential to be my stronger but. also speculative. transfer on the russian com some markets because the. banks are buying cheap rubles from central bank they also take some money from the budget from the ministry of finance and then they. would be bad on the stronger dollar. that's all i have for you but stay with us for headline news with more coming up next.

question is that so much i'm afraid we're going to be given a lot of people a good idea but the days of rage is the global economy on the brink of a double dip recession if so why can't the rich west find the right mix of fiscal. wealthy british style. is not on the tires my. height. market.

scum that find out what's really happening to the global economy for a no holds barred look at the global financial headline is going to cause a report. if. it is easy to. please. see. the moment.

it's please. please. submit. pip if the big. thief.