twenty minutes in the presence of. worldwide news live from moscow with me rule research a 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 relying on the bare minimum of employees to work. first three ports from athens. as you 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 you 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 again quite a tense situation still after we saw the situation escalated earlier when police did fire they take gas on these protesters that was after the two main labor unions in the country had led thousands of protesters on to the streets as he said protesting against hysterically measures 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 the same clashes happening on tuesday night last week after that we know that being some additional taxes the announcement that there's going to be thirty thousand job losses people put on reserve and possibly losing 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 as they were chasing the protesters

and the riot police being pushed back out of there but there was lots of take us in the we saw a couple of people needing medical attention that had been pulled down a lot of aggression between both the protesters and the riot place set the 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 who had the choice audit team here these measures simply unrealistic when it is the measures to close that deficit when be able to be reached. that sort of tax based solution has come under very heavy criticism that's certainly what a lot of the people he turned out on the street and most angry about because 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 it anymore they don't have the money to either lenders and e.u. is a need is certainly coming under criticism we saw the greek prime minister george happened 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 year is a is that this is spreading from not so far in debt crisis is the government spreading to the banks now we've heard that it's really has been downgraded by media saying that they've lost faith in the euro saying governments i mean that's exactly the sentiment of the people as well people who really don't have the faith now that the leaders are going to be able to come up with some serious action to pull them out of this crisis now really the question is with this growing public anger are we going to see this financial crisis meeting into a very serious economic recession is not just going to affect race and having scenes that you see in here today but the rest of the eurozone as well. r.t. so for the quarter there from athens what are joined from the greek capital by

a mixed record on the part of most economic analyst and international lawyer thank you for coming on the program today so of protests once you get a real life all across greece a public sector strike underway how much longer can the vicious circle of cuts one protests go on. i'm not sure the process are always linked immediately either 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 usually they're a very good opportunity for people to lead us in staying i mistook you with case you saw twenty thousand people on the street. but each period call me last seen with this memorandum was signed it was about sixty thousand. they obviously make some wonderful pictures of the cat and mouse games between the riot police and the brits this is all well and good but let's just recall what was happening in london and how widespread those yet still and how very lists and these are so are you

suggesting that the number of people protesting protesting against the government over the past several months actually dwindled and there's not actually that much anger and frustration against these are constant austerity measures so there's an awful lot of anger and frustration and saving underneath the surface but people do really understand that if they wish to be in the euro as or. if they don't want to take a dramatic step and unilaterally the fault that may be suffering some of these things in lower forms of schools and even lower numbers may just well have to happen and there's a lot of recognition here that we haven't lived beyond down means for quite a long time and a lot of the prosperity that you saw for the last twenty years was actually fueled by debts. now there have been a lot of people there that are saying certainly some analysts are saying that we should just allow greece to default without benefit but i think what's going on the

crisis in greece at the moment i think. i think there's a lot of people out there that may have bit agrees to faulting i think there's a lot of people out there that have a lot to gain if the year a collapse is but i think there's a lot of people on the other side of the fence. east of greece does unilaterally default it would be severe implosion for the country and we're talking about eleven million real people and that would be very awkward now its ramifications for the eurozone and for the european banking system as well as for the rest of the banking system would be dire really given very interconnected times the financial infrastructure and global economy so it's one so it's not just going to be the markets and one just because it will be real economies everywhere and it won't just be greece now meanwhile the credit score is being slashed by writings giant moody's it's citing a loss of confidence and your eyes are on governments you think other 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 before the subprime crisis and it's no secret they're being sued instead of some of the horrible mistakes they've made they usually late to the party in the eye or in this case was named some months that the absolute number of national debt that really has is one point nine trillion which is enormous compared to greece is three hundred sixty billion so all well and good that they finally recognized it will be others to follow through at least yes but will that make it an awful and huge difference but i think most professional investors are really well aware of things it does strike normal retail investors in the average folks on the street something really no. time we have for today an expression catalyst an international lawyer many thanks thank you. russia and china have vetoed a u.n. security council resolution on syria that 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 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 is 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 was based on an entirely different philosophy the philosophy of confrontation we cannot agree with it's 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 blood sugars brazil india south africa and

lebannon abstained from voting on the resolution but it was the united states that voiced aid. strebe disappointment that the security council did not bold 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 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. reporting 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 convinced that its action is justified. 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 with you well 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 happened in libya up sure the u.n. mandate to protect civilians the resolution on libya was cost in march with russia abstaining from the vote but that monday it was quickly picked up by nato which sided with time to gadhafi forces helping them to topple the tunnel and russia believes that in case of v.b. at the un mandate was misused and this is why it has vowed not to let that happen again just as china russia as well the told me the only two permanent members of

the u.n. security council who are actively trying to negotiate a peaceful solution to the crisis russia in particular has hosted representatives so full of president bashar al assad the numbers of the opposition trying to notch them into the dialogue and russia things that when you have two sides when you have two armed sides in a conflict what you need to do is to bring them both under the same tent while the whole issue all this resolution on the syria came up after a an estimated over two thousand five hundred protesters have been killed in violent crackdowns on ninety of assad the forces since march this year at this show 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

could not see a very fight these small bulk phone footage these are indeed tend to president assad protest as they do not look like the death rate is only poland. president to step down so what russia is saying that it is. where it's all because the violence has been carried out on both sides so if you only support one armed side in that conflict you send biased message to one side in these opposition forces a message of strong support which will only fuel more tension inside the country. are reporting right russia and china may see eye to eye in the u.n. but security issues at home are causing a concern still ahead for you this hour across the border espionage. secrets safe for another day after special forces capture an alleged chinese spy details on weapon systems. the british prime minister has called for

a can do sense of optimism during an anxious time for the country's economy speaking to a conservative party david cameron said the threat to the world economy is a serious today as it was in two thousand and eight when at the global recession and to discuss the prime minister's address i'm now joined by a political speech writer. waiting for us in london now good to see you so cameron's big society idea is aimed at making people feel like they can do something to save the economy themselves promising or a diversionary tactic do you think i believe we're having a technical difficulty here with the hearing will try to get mr ascher address live in london can you hear me. all right i we're going to have to cut this connection and try and resume later here when we do apologize right here on t.v.

stay with us meantime in the united states the occupy wall street movement is getting support in a 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 protesting the third week. reports they are determined to be heard. we don't want that none of it's creating more pain where it's not very much more. people are taking. more than a thousand people in los angeles. chose to stand in solidarity with the occupy wall street movement. at city hall the very busy both 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.

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 wahoo to olympia to all my hot to orlando according to the occupy together web site protests are being organized in more than one hundred cities point that you by standing behind are worth a revelation and i believe their time and that i think that night i think that well it is recognizing that that doesn't work despite mainstream media down plain. even really killing the movement supporters have faith the message will be understood and you saw what happened in london they tried to make that out about a bunch of people that were just. you know the bad apples that's humanity. 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 find their voices because of the beginning bigger it looks like the spreading throughout the country you know they had a arab spring and you know hopefully we have with us in los angeles. r t. you with our two live from moscow now 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 now joined by political speech writer dress and live in london thank you for joining us on the program today so cameron's big society idea alternately telling people that they can work to save the economy it's not just up to the government to do it it's a promising ploy or perhaps a diversionary tactic well it's a central track take to brand the central idea of his government away from the big

society and towards the idea of reducing the deficit being people he's trying to say that that's his central idea there are some problems with it and it's not obvious that people will will forget that he used to say he was about the big society. but it's some sort of chance here 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 himself. 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 that he gave in 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 his speech where he was calling on 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 that you have to pay on the credit card you say he was also saying that people need to save money of people save money that's not going to helping the economy very much cameron has also proposed tougher measures for welfare payouts all the while spending millions on the war in libya and very near the beginning of his speech cameron said it was britain who helped to oust gadhafi where do the government's priorities lie do you think. i think this speech doesn't leave us any the wiser on that one tactic that 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 are central to the political debate so he'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 our cameras said that 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. you can always 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 or retire whole story at r t v dot com. and just plain silly one unlucky pilot provides a spectacular show with a festival in australia flying straight into a paris. the whole story online for more videos visit our you tube channel. russia's a federal security service has revealed it has been holding a suspected chinese spy the man identified as turner faces charges of attempted espionage and trying to obtain information on russia's weapons. it's going to offer us details but already 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 ass of three hundred air defense systems these federal security service says no it is a case over to almost school board actually it's reported that he was arrested just around a year ago but it's not only know that the case has been passed over to board this story got into the media the moment there's been no official reaction either from the chinese authorities or from the foreign ministry here in moscow but it's interesting that russia used to explore the as three hundred air defense systems to china because she's actually sort of to produce them all and so. their production here in russia has been recently fully suspended with the more modern and their divan four hundred and five hundred air defense systems taking their place.

reporting right there about the arrest of a suspected chinese spy in russia all right now top of the business news has to me . thanks rory the russian markets closed in the red adding to three sessions of heavy losses that despite strong crude prices and the relatively good performance in europe and the u.s. russia is taking a big here during a latest market turmoil as investors pull their cash out of risky 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 in the u.s. and 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 are simply wrapped up on the concern that we could get a catastrophe if we can avoid ticketmaster fee which now looks more likely then i

think once we settle down we will see more money coming back to emerging markets faster than developed markets. take a look at those figures now where oil is strongly in the black after four days of losses that's after report that the u.s. gasoline stockpiles topped five million barrels last week futures rose almost four percent up to forty eight percent in the past three days light sweet this hour is up almost four dollars brant is one hundred two and the home builders about. u.s. stocks are trading in the positive territory still gains are limited ahead of the release of an index on no new manufacturing activity in september that was up 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 the dax

almost five percent banking stocks are leading the way among major lenders major gain as a bank is up more than six percent in people revolve around seven percent in paris this is the closing picture for the russian markets unlike their european counterparts markets ended on a pretty bad note the obvious down point six percent myself up just point two if we take a look at some of the main movers on the indices the gazprom is down point nine percent in the my sex role sniffed one point two percent in positive territory so energy shares are mixed despite very positive oil and as burbank is up just point four percent here's and they've done a form cast on. the russian market. not as good as the european markets although without any particular reason for this fundamentally is obviously a video really cheap perhaps only greece and the few other countries are actually more cheap than russia and russia is

a real to liquid market when merging markets but it's still depends on the oil and everything but in any way in many ways it's ward it's a risky emerging market as certain people just want to play we even if the asset is really attractive and cheap. coming up next i'll see the headlines with rory to stay with us. wealthy british scientists are. not on the titans.

market why not come to. find out what's really happening to the global economy with max cons are 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 to a lot of people a fair enough but good days so free speech 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. fifty. five.

welcome back with. a quick. simple. protest. against syria. a push for peace. thousands across the u.s. voiced. unemployment. also joined the chorus of.