as. police fired tear gas at demonstrators in athens as the nation is brought to a standstill thousands of civil servants walking off in protest of social austerity . riot police and create. all the latest details in just a few minutes. russia and china block a u.n. resolution against syria saying the european bank draft was based on confrontation and not push for peace. unions are joining the thousands all across the u.s. voicing their anger at corporate money and its influence on the government all the

time of soaring unemployment. and despite strong performance in the u.s. and european markets russia's. on a negative note with the obvious down point six percent of my six point two percent one that's in around twenty minutes on the presence of. worldwide news live from moscow with me rory sushi welcome to the program police have fired tear gas at protesters gathered outside the greek parliament building the country has ground to a hold with workers walking out of their jobs it's a twenty four hour public sector strike in effect all of them angry at the government's policy of cuts all flights in and out of the greek airports are grounded and hospital staff rely on a bare minimum of employees to work. through the ports from athens. is he can see

the streets behind me outside the parliament building have more or less been cleared of most of the protesters but in the central square he's still got a standoff between the protesters that are remaining there and the place i'm not sure how much of that you can see but the police have moved down on to the main or in the surrounding that square as well and the people there just facing them at the moment quite a tense situation still after we saw the situation escalating earlier when police did fire they take us on those protesters i was off the team a lady unions in the country had led thousands of protesters on to the streets as he said protesting against hysterically wages here in the country now in the past couple of weeks leading up to this we've had a lot of announcements from the government that have only added fuel to the fire that is the anger here amongst the public we heard last week that there was an extra property tax that got passed and we saw some sparking at this thing clashes happening on cheese day night last week after that we did

a piece of additional taxes the announcement that there's going to be thirty thousand job losses people put on reserve and possibilities in their job after a year we saw the riot police storming into the metro station just behind me there on syntagma square the network is intervening is they were chasing the protesters and the right police being pushed back out but there was lots of take us in the we saw a couple of people needing medical attention that have been food a lot of aggression between both the protesters and the riot police certainly could be very clearly see on the streets here the tensions that have been building up and building up reaching boiling point and boiling over the analysts i've spoken to here have been talking about a vicious circle that you know more and more money being thrown at the country that it's simply can't pay back in the measures that the government implementing to try and please the international lenders he had a choice audit team here but these measures simply are realistic way that the measures to plug that deficit be able to be reached. that's why the tax base

solution has come under very heavy criticism that's certainly what a lot of the people he turned out on the street and they say about the kids they've already had their salaries cut and there's been a lot of job losses and with these extra taxes they simply can't afford to pay it's not that they're even protesting anymore they don't have the money to c.e. lenders the e.u. is a need is certainly coming under criticism we saw. minister jewish carpenter visiting france in germany last week trying convince the public that they were also on how people concerning what we're seeing at the moment are the usa is that this is spreading from that suffering to quite as is the government spreading to the banks now we've heard that italy has been downgraded by b.d.'s saying it that they've lost faith in the euro you think governments i mean that's exactly the sentiment of the people as well people we don't have to face now the leaders again to be able to come up with some serious action to pull them out of this quite is now really the question is this growing public anger are we going to see this financial crisis

needing it's a very serious economic recession is not just going to affect race and having scenes that you've seen here today but the rest of the eurozone is. drawing from the greek capital by a mixed record on the part of most economic analyst international lawyer thank you for coming on the program today so of protests once you get a real life all across greece of public sector strike underway how much longer can the some vicious circle of cuts and belt out some protests go. i'm not sure the process are always leaked immediately so you need at the bailouts or the austerity we've seen these twenty four hour combine strikes between the private and public sector unions happening about once every month now and usually they are a very good opportunity for people to let instance thing a miss particular case you saw twenty thousand people on the street it's pretty easy to recall may last seen with this memorandum was signed it was about sixty

thousand. they obviously made some wonderful pictures of the cat and mouse games between the riot police and protesters are all well and good but let's just record what was happening in london and how widespread those who were and how very least since these are so are you suggesting that the number of people protests protesting against the government over the past or months actually dwindled and there's not actually that much anger and frustration against these are quite the austerity measures there's an awful lot of anger and frustration and it's even underneath the surface but people do really understand that if they reach to be in the euro as or . if they don't want to take a dramatic step and unilaterally fault they may be suffering some of these things in lower forms of schools and in lower numbers may just well have to happen and there's a lot of recognition here that we haven't moved even down names for quite

a long time and a lot of the prosperity that you saw for the last twenty years was actually killed why did it. now there are a lot of people there that are saying certainly some analysts are saying that we should just allow greece to fold without benefit but i think what's going on the crisis in greece at the moment you think. i think there's a lot of people out there that may have been greece defaulting i think there's a lot of people out there that have a lot to gain if the euro collapses but i think there's a lot of people on the other side who will. eat greece does he unless he really thought it would be a severe implosion for the country and we're talking about eleven million real people and that would be very difficult now it's ramifications for the eurozone and for the european banking system as well as for the rest of the banking system would be dire we begin very in second times the financial infrastructure and global economy i recently read so it's not just going to the markets and we're interested it will be real economies everywhere and it won't just meanwhile credit

scores mean slashed by ratings giant nudies i think a lot of confidence in your eyes and governments other other states to follow. look i think lots of the rating agencies these days have lost the kind of credibility they used to have progress and it's no secret that being sued literate and sort of some of the horrible mistakes they've made are usually late to the party and they are in this case we've known for months that the absolute number of national he has is one point nine trillion which is enormous compared to crysis three hundred sixty so all well and good but they finally recognize there will be others to follow through at least yes but that may get an awful and huge difference but i think most professional investors are really well weary of things it does strike the normal retail investors and the average folks on the street there's something really no.

time we have for today next and i'm kind of an international why many thanks thank you. russia and china have vetoed a u.n. security council resolution on syria the european backed draft called on damascus to end its crackdown on protesters or face quote targeted measures but moscow and beijing said they are concerned it could pave the way for a libya style military intervention. reports 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 was proposed five 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 they called for syria to comply with the resolution within thirty days and if it if not comply 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'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 asked to do was based on an entirely different philosophy the philosophy of

confrontation we cannot agree with its one sided accusations against the master we believe the threat of implementing sanctions against the syrian government is unacceptable this approach contradicts the crucible peaceful settlement of crisis based on a common serious national bias should brazil india south africa and lebannon of stained from voting on the resolution but it was the united states that voiced. stream disappointment that the security council did not bolt of italy i dop 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 right now we do know that some council members long did not only the syrian government condemn for the violence but also a condemnation against all the end tied 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 but it's very important. that you know by russia and china follows three months of heated debate in new york the disagreement has split the security council moscow is convinced that its action is justified seems to cause trouble explains. it's a rare rare case that russia has used its power of veto since nine hundred eighty four it's been seven times only that russia turned to its last resort to the world and in case of syria russia felt it was necessary to be told that resolution to stop a scenario in yet another arab state similar to what happens in libya option the u.n. mandate to protect civilians the resolution on levy a was passed in march with russia abstaining from the road but this monday it was

quickly picked up by nato which sided with anti gadhafi forces helping them to topple the tunnel and russia believes that in case o.b.v. at the u.n. mandate was misused and this is why it has balls not to let that happen again just as china russia as well the will be the only two permanent members of the u.n. security council who are actually trying to negotiate a peaceful solution to the crisis russian particular has hosted represent the so-called president bashar al assad those numbers all the opposition finds a notch them into the dialogue and russia things that when you have two sides when you have two arms size in a complex what you need to do is to bring them both under the same tent oh well the whole issue all this resolution on the syria i came up our trip and estimated over two thousand five hundred protesters have been killed in violent crackdowns on anti assad forces since march this year official damascus claims that it's only fighting

somewhat tours who've been killing their security officers and hundreds r.t.d. has obtained a video footage which allegedly shows that those at and t. outside protesters are actually carrying weapons and using those weapons firing we cannot see very five these small bulk phone footage these are indeed tense here president does suffer tested they do not look like the death rate is falling falling. president to step down so what he's saying that it is. where it's all because violence has been carried out. so if you support one armed side in that conflict you are. biased message to one side in these opposition forces. strong support which will only fuel more tension inside the country. are things are going to retrofit reporting right well russia and china may see eye to eye in the u.n. security issues at home causing

a concern still ahead for you this hour across the border espionage russia as a defense secrets are safe for another day after special forces capture an alleged chinese. details on. systems. british prime minister has called for a can a sense of optimism during an anxious time for the country's economy speaking to its conservative party david cameron said the threat to the world economy is a serious today as it was in two thousand and eight when the global recession and to discuss the prime minister's address i'm now joined by a political speech writer. who's awaiting for us in london our good to see you sir cameron's big society idea is aimed at making people feel like they can do something to save the economy themselves promising pro-choice or a diversionary tactic do you think. i believe we're having

a slight technical difficulty here with the hearing we'll try again mr ascher address in a live in london can you hear me. oh i we're going to have to cut this connection and try and resume it later here on our we do apologize for that right here on live t.v. stay with us though meantime in the united states the occupy wall street movement is getting support in the daily basis labor unions have joined the chorus of disapproval as well from l.a. to washington d.c. thousands upset with the state of the economy and the government's inability to turn things around are protesting for a third week as romani galindo reports they are in turn it to be. not anticipating more pain worse not very more 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. 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 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 scenario 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 law who to olympia to almost to orlando according to the occupy together web site protests are being org. in more than one hundred cities points that you by standing behind are worth a revelation i believe their time and that they think that. this racket is in there didn't work despite mainstream media down plain and even really killing 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 who were just. you know that's humanity he's got to them something is wrong already bruised by soaring unemployment poverty and foreclosures the middle class are now being told to tighten their belts leading many americans to finally point their voices because 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 are with us in los angeles. r t. without you like the moscow earlier today the british prime minister david cameron addressed his conservative party saying that the economy nowadays faces as great a threat as it did back in the global crisis of two thousand and eight to discuss this further i'm not joined by political speech writer ashley address not live in london thank you for joining us on the program today so cameron's big society idea out of italy telling people that they can work and to save and salvage the economy

it's not just to the government to do it it's a promising ploy or perhaps a diversionary tactic. well it's a central traffic to brand the central idea of his government away from the big society and towards the idea of reducing the deficit. people he's trying to say that that's the central idea there are some problems with it and it's not obvious that people will forget he used to say he was about the big society but. it's some sort of cancer there are certainly some already saying that he's just trying to shovel responsibility for a bad economy onto the people and sort of taking responsibility and self exactly and this morning he got himself into hot water by releasing an earlier draft of the speech which actually asked people to spend as opposed to the draft he gave and

which he said that people were already reducing their credit card bills and that early draft didn't go down well firstly people don't like the idea of a rich prime minister telling them to tighten their belts secondly economists have pointed out that if people save money that's not going to help the economy going and. all in all it's not clear that that's that tactic is going to win him any friends with the public as you were saying with the earlier draft of a speech he was calling the people to pay off their credit cards which surely if they would pay off their credit cards if they could only partially due to the always a growing interest of you have to pay on the credit card you say he was also saying that people need to save money and people save money that's not going to helping the economy very much coverage has also proposed top measures for welfare payouts all the while spending millions on the war in libya and the very near the beginning of a speech cameron said it was britain who helped to oust gadhafi where did the government's

priorities lie do you think. i think this speech doesn't leave us any the wiser on that one type figure i saw running through the speech was an attempt to draw attention towards peripheral things his government is doing he can't talk about the n.h.s. because his plans are in disarray he can't talk about the economy it's tanking we've just had bad figures out today instead he talked about gay marriage building homes adoption things which are important to some people but which most people don't think most central to the political debate so it's covering some social issues there certainly in his speech but what appears to be he's ignoring the main meat and potatoes of what seem to be the fundamental errors in today's society and economy very briefly i'm running low on time here earlier today a camera so austerity is the only solution to europe's deepening debt crisis is he trying to prepare people for what he might have to do in britain do you think yes

it's a dangerous tactic people could wake up easily to the fact that it hasn't worked well in the past and it doesn't sit well with the optimistic tone of his speech but we'll see what happens all right. the political speech writer live in london many many thanks indeed. well you can also find more on about story and all of our other stories at r.t. dot com some of the other items are waiting for you online right now russia introduces chemical castration for pedophiles to counter the increasing number of sex crimes against underage victims read our whole story of our team dot com. i just plain silly one unlucky pilot finds a spectacular show with a festival in australia flying straight into a paris but the whole story online for more videos present our you tube channel. russia's a federal security service has revealed it has been holding

a suspected chinese spy that the man identified as your faces charges of attempted espionage and trying to obtain information on russia's weapons. office tells authorities say that this is a chinese man who worked here in russia as a translator for official chinese delegations and now he's accused of trying to bribe his way into getting access to secret technical documentation on the as three hundred air defense systems these are all security service says no past is the case over two or more school boards actually it's reported that he was arrested just around a year ago but it's not only now that the case has been passed over to board the story into the media at the moment there's been no official reaction from the chinese authorities who are from the foreign ministry here in moscow but it's interesting that russia used to export to be as three hundred air defense systems

to china because he's actually certified to produce them all and so. their production here in russia has been recently fully suspended with the more modern. four hundred and five hundred air defense systems taking place. right now about the arrest of a suspected chinese spy in russia all right now talking business news has to match . the russian markets closed in the red adding to three sessions of heavy losses that the spite strong crude prices and a relatively good performance in europe and the u.s. russia has taken a big here during a latest market turmoil as investors pull their cash out of locations but analysts say 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 and the us i mean corporations in emerging markets such as russia and elsewhere are also much stronger so you know i think that's one thing for now investors just simply wrapped up on the concern that we could get a catastrophe if we can avoid if you test for three weeks now it looks more likely then i think once we settle down we will see more money coming back to emerging markets faster than to developed markets. first take a look at those figures now where oil is strongly in the black after four days of losses that's after a report that the u.s. gasoline stockpiles dropped by a million barrels last week futures rose almost four percent of the fully eight percent in the cost three days light sweet this hour is up almost four dollars brant is that one hundred two and a half the is a barrel. u.s. stocks are trading in positive territory still gains are limited ahead of the

release of an index on no new manufacturing activity in september those are point four percent in europe markets are about to close another half hour to go and looking very rosy indeed here for three point three point four percent of blacks almost five percent banking stocks are leading the way among major lenders major gain is. more than six percent of people revolve around seven percent in paris this is the closing picture for the russian markets unlike their european counterparts and markets ended on a pretty bad note the obvious down point six percent my six just point to if we take a look at some of the main movers on the indices the gazprom is down point nine percent in the my sax the rosneft one point two percent in positive territory so energy shares are next despite very positive oil and as burbank is up just point four percent here's on the back burner from gas from. the russian market is not as good

as the european markets although without any particular reason for this fundamental use obviously very very cheap tickets only greece and few other countries are actually more cheaper in russia and russia is a real to liquid market for emerging markets but it's still very very good when the oil and everything but you know anyway in many ways it's the world it's a risky to go to market at certain people just on the play we even today as it is we have to act if it cheap. coming up next i'll see the headlines with roy going to stay with us.

wealthy british style. sometimes the type of. market finance come to find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into cars a report on our. culture is that so much i'm afraid we're going to make it a lot of people a stereotype but look at 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.