twenty minutes to. what you like to live from moscow eleven am here on marina joshie welcome to the program and our breaking news story russia and china have 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 a levy a style military intervention are just more important i 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 many council members including china russia brazil south africa interpreted these vague terms as leaving the door open to sanctions now of course russia's 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 put in you see what you broke with the draft resolution which was not passed today it 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 a common serious national dialogue should brazil india south africa and lebannon abstained from voting on the resolution but it was the united states that voiced. strebe disappointment that the security council did not 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

condemned 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 marina pardon our reporting there now 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. explains. russia has only used its power of veto seven times since the collapse of the soviet union and in case of syria russia feels it has to prevent similar scenario and yet another arab state to what happened in libya up to the un mandate to protect civilians was implemented that resolution was passed in march with russia abstaining from the

vote but the mandate was picked up by nato which sided with and to gadhafi forces in libya helping them to topple the congo and russia claims that in case so in case the un mandate was misused and has vowed not to let that happen again russia is actually the only prominent member of the u.n. security council which is actively trying to negotiate a peaceful solution to the crisis in syria the us it has hosted representatives of both president bashar al assad and members all the opposition trying to notch them toward styler and russian lawmakers have also gone on a fact finding mission to see red concluding that damascus is in fact implementing democratic reforms of promises and that it needs more time to bring them into force the u.s. and its european allies have already implemented the subtle sanctions aimed against the regime of president assad and a pool 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 the 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 partying and genocide. the common saw the entire u.s. delegation headed by susan rice walk out of the meeting in protest the syrian oil was referring to american stands on the palestinian bid for a full recognition of the u.s. 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 trying to get back at 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 in 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 on to syntagma square behind me. the main parliament building protesting of course against the new wave of austerity measures 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 canceled schools and hospitals are expected to operate on emergency stuff the public transport is going to be stalled and we seeing 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 that this point the situation really is not just quit school for greece because it's cool for the rest of the usa as well we're already seeing a lot of concern about exactly how far they can take is going to spread and he's going to be affected by it so what people are starting to realize now is that it's not just going to entail all syntagma in athens we've already seen a storefront that quite is now spreading into a many fear is going to be another banking crisis and there's been

a lot of concern and criticism as well about the way that the eurozone leaders have been managing this situation about their inability ready to come up with realistic measures that are going to stop this crisis in the truck and certainly greece back on the right track but the rest of the eurozone as well we've heard the protesters to be turning out stay saying much the same as before that they're still dealing with these measures that are put in place to try and please international lenders that really these measures are nothing more than a sticking plaster over the gaping wound that is this all going quite as a 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 so far as reporting their investment advisor patrick young says that the european union needs to respond to the greek debt crisis much quicker if it's to

stay intact 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 in going there is too little leadership and there is a pig headed intransigent particularly amongst the finance ministers but they're specially amongst the leaders of the european union asians 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 rapid action 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 condemnation of the u.s.

senate's bill on the chinese swan after a voted to allow 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 of undervalued currency how to tell exporter staying away american jobs to 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 if news video will not become the more i think that it's. true that these people to be turned china on the u.s. to worry about tense now we have the trade the war between. the u.s. and the chinese government on the peace of the community is the right law all

preparing for the possible sanctions and to turn p. and q. and a power to determine if action is from the u.s. against the chinese and our exporters to buy a lot of it which the ministry of commerce and t.v. also you know china has sent a banker in the odds are department of government are preparing for worrying that we're in much of detail because tend to fall a policy go. far from the u.s. side. in the u.s. itself 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 the weekend the movement still picking up momentum across the united states reports. we don't want that not just creating more pain we're not very more grabs and i think people

are taking this. more than a thousand people in los angeles. chose to stand in solidarity with the occupy wall street movement i think. at city hall the very visible center of government in power. 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 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 the 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 the place standing behind are worth a revelation i believe their time is that i think that i think the world is

recognizing that 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 they tried to make that out about a bunch of people that were just you know you know the bad apples that's humanity humanity's got of the thinks about them something is room already bruised by soaring unemployment poverty and foreclosures the middle class are now being told to tighten their belts leading many americans to finally find their voices the crowds at the beginning bigger it looks like the spreading throughout the country and you know they had a arab spring and you know hopefully we have with us in los angeles remember lindo r t. the decade long war in afghanistan is nowhere near its and as 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 of the military situation to afghan authorities but author jerry van dyke who's written extensively on the subject of afghanistan says the war has only got worse over the years. there are many reasons why the united states and its allies but particular united states will stay in afghanistan in the first all is that the war is getting worse there are more i.e.d. these according to the un that is to say mines have gone off in the last few months not only for more u.s. soldiers and marines are dying there more casualties civilian and military than any 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 shinned out in the in the west perhaps to watch. their flights over iran in mazar sharif in the north to 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 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. even forces have vowed to launch what they call a final attack on market obvious hometown seared several strategic areas of the city stronghold have already been taken over by fighters for

a levy as national transitional council aided by nato airstrikes but colonel gadhafi is 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. 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 the lack of food for troops there is no electricity there is a lack of fuel in the city and there is a 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 hyde difficult 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. now let's take a look at some other stories from around the world government troops opened fire on armed tribesmen supporting protesters 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 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 the 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 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 xandros one of the most powerful drug cartels along with those captured were nine inmates 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 tourist 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. well more news and videos and latest updates can be found on our website which is our dot com and here's a taste. l b a night of shining stars in new york as world famous conductor of their year year and a mariinsky orchestra our special guest at carnegie hall one hundred twenty eighth anniversary season on opening. also online it apple is no longer one of the world's favorite laborers of the new i phone four asses revealed company shares dropped by more than four and a quarter percent and within just thirty minutes. well

a very shortly crossed up with the bell will be coming your way on before that it will take a look it's happening in the world of business. welcome to our business update this hour russian markets are struggling high and strong record prices and gains on wall street are helping russian equities recover from tuesday's shop losses russia took a big hit during the latest market turmoil as investors pull their cast out of risky developing countries but analysts say that if a double dip recession is avoided emerging markets will outperform other global and . 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. for now investors are simply right on the concern

that we could get a catastrophe if we can avoid because hastert now looks more likely and i think once we settle down we will see more money coming back to emerging markets faster than two developed markets the latest market swiss have many investors wondering over where to put their money just in and steve from merrill lynch suggests infrastructure projects still offer the prospect of some stability. when you look at live infrastructure projects detroit shelters they may be emerging markets but ultimately they all the way to global trade whether it's parsons or trying to build freight traffic around the think a lot of investors see that was a little chilling to you on the vultures of these projects so we've probably seen as paul companies they tend to be gateways to to global trade and therefore best to say i'll invest to diversity in the structure but most of us are going to globalization on the opening of that market to new investors new companies overseas so it's an interesting way to play an emerging market but also the to do risk you want us to get the company to provide the infrastructure to support those involved

in that school right. and taking a look at the markets now or those in the black for the first day and for after report that the u.s. gasoline stockpiles dropped five million barrels last week which rose almost four percent didn't have to falling eight percent in the past three days brant blend is trading at almost one hundred one dollars a barrel while w.r.i. is that over seventy eight dollars a barrel stocks in asia are mixed on wednesday and. japanese shares trading in the red with heavyweight fast retailing companies pouring after a downbeat sales report japan's nikkei is dropping almost two percent of earthing from the opening games markets in austria tokyo listed exporters are down as sony losing one point seven percent toshiba down two point three percent tax he's talking nearly two percent more hong kong and mainland china close to home. and european stock markets open in positive notes with all sorts of attacks over two

percent this hour here in moscow stocks are up trading losses strongly steepest today declining more than a year from isaac's advance 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 oil snap and local oil are adding two and a half percent and financials are also gaining with burbank two and a half percent ethanol. the russian ruble continues to feel the pressure the currency has lost thirteen percent of its value against the u.s. dollar this autumn and under a do gain from for its club russia says this is not due to fundamental weakness in the domestic economy right now we see that oil prices are quite content to both levels for there are some economy and therefore will both means that. russian the ruble has the potential to be much stronger but.

also all speculative. trends 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. have a bad on the stronger dollar. that's all i have for you but stay with us for headline news with maria coming up next.

culture is that so much i'm afraid we're going to make a lot of people a during our block of days so courageous 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 holds a spot on the tires on. the broader. market finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines join in to cause a report on our team.

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welcome back you're watching our t.v. live from moscow russia and china have blogged a draft resolution on syria. saying the text doesn't rule out or military intervention they can down the draft as biased and unhelpful to the crisis. syria. 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 are closed as a twenty four hour nation wide strike gets underway in greece that's in response to the government's latest measures as eurozone pushed back the next round of bailout payments. collective anger sweeps coast to coast across america as the movement of anti-corporate protesters grows by the thousands activist one big business to stop.