markets. find out what's really happening to the global economy for a no holds barred look at the global financial headlines. is a report on our. top stories on our team lead leases tear gas to clear active steady protesters because the country is paralyzed by a nationwide strike gets a new project parts and higher since. tensions boiling. in the streets as the riot police and angry protesters clash we'll bring you all the latest information in just a few made it. into a u.n. resolution against syria saying the european backed document could lead to a more serious conflict instead of stopping bloodshed. and to wall street rallies across the u.s. army enforced by you joining the car over the corporate greed that demonstrators

say has led to the collapse of the economy. u.s. markets are up your of. the oil is bouncing back but russia managed to continue its from losing streak on wednesday morning about them twenty minutes and the. softer temp am here in the russian capital you're watching our t.v. now our top story in athens angry protesters have been clashing with police who have fired tear gas out them thousands have been gathering outside the greek parliament furious at the level of spending cuts twenty four hour public sector strike brought the country it's a halt airports were closed hospitals are relying on emergency stuff a lot of reports out from. we saw this things on the streets. on some type of square outside the main parliament building when we ask. the

tensions pull they go with the angry protesters and the riot police clashing we saw at a gas being fired we also saw some people needing medical attention the riot police moving on seizing tightness square and trying to clear the protesters out of that area really since very aggressive scenes of the clashes between the two sides that we saw the police moving into the metro station chasing some of the protesters here on syntagma at the match a worker on strike actually intervening to push back the riot police certainly a very very tense situation we see more of these are starting measures being passed not really raise the level of public anger head the beginning of the day the main labor party is in the country had led thousands of work is public sector workers on to the streets to protest against these measures and again like we said we saw these things that has collating quite dramatically throughout the day people are

really losing trust in the eurozone leaders ability to take the country out of this crisis into third measures in place that are actually realistic and can be met now we've seen over the last couple of weeks is that they quit government passing more and more these are starting measures to try and keep the international lenders on side to try and prove to them that they're able to take the steps to try and plug the deficit and the budget the property tax that we saw passed last week and the announcement of possible job losses on top of people who already in the country having had the salaries cut dramatically most people at about thirty percent at the salaries who are being cut then to have these extra taxes it is really raise the level of anger amongst the public here he said they simply can't manage that now we've seen a school say quite disconcertingly spreading throughout the years and from the sovereign debt crisis meeting now into the banking sector. there is well and there are fears of a repeat of what we saw a couple of years back and you know once again we're hearing what people are saying

is this in the measures that were put in place at that time after he saw the collapse of lehman brothers you know really what was a key for that because we find ourselves back in the same situation certainly here in greece we've already seen it's really being downgraded by midis and this data from media said that that happened as a result of lack of trust in the year are you saying governments really does sentiment could not be echoes any more clearly by the public here is what is exactly how they feel they just lost trust in the eurozone leaders ability to get them out of this situation and is now really that we're going to see this meeting for the financial crisis into a very severe economic recession possibly not just because the rest of the year is a countries as well. call euro zone leaders have given themselves until november to decide the next tranche of the greek bailout it will only arrive if the country meets its deficit targets but tom aside from s.c.b. merchant banking believes southwards is being prepared for the fault. there is no

real point in keeping on with this bailout exercise and i think over the past one or two months that's become clear to the euro system and the i.m.f. as well so i think that it may lay that we heard earlier is a very significant event it suggests that there won't be any more bailout payments to greece by that we need another four or five weeks before the difference in preparations for for a big can be in place obviously if it happens in an uncontrolled way it could be a very destructive event if there are no defensive preparations made in that in advance then it could cost the bank system other problem runs quite clearly but i think that that is what would be the reason why this is going to happen right now but in for five weeks he said there are no frantic preparations underway to bolster the defenses to make money available for bailing out banks and ring fencing the healthier governments i grew up when this actually happens so i mean the problem i could see with the bailout solution is that every single interest i have made over

the past year or two they all seem to believe that after the bailout there will be a default anyway so that's just throwing your money down a black hole better not do that and start dealing with reality instead. russia and china have vetoed a u.n. security council resolution on syria the european backdraft called on damascus to end its crackdown on protesters or face targeted measures but moscow and beijing sadly they're concerned it could pave the way to a libyan military intervention artie's nina porton i 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 they 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'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 the draft resolution which was not

passed it was based on an entirely different philosophy the philosophy of confrontation we cannot agree with its one sided accusations against the mask which we believe the threat of implementing the situation seems the syrian government is an acceptable this approach contradicts the principle of peaceful settlement of the crisis we saw a common syrian national dialogue. brazil india itself africa and lebannon abstained from voting on the resolution but it was the united states that voice. stream disappointment that the security council did not have atlee 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 and 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 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 the veto by russia and china follows three months of heated debate in new york and the disagreement has the security council but moscow is convinced 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 turn to its last resort if you will and in case of syria russia felt it was necessary to be told that resolution to stop has scenario in yet another arab state similar to what happens in leading up to the un mandate to protect civilians the resolution on libya was passed in march with

russia abstaining from the roads but there monday it was quickly picked up by nato which sided with and to gadhafi forces helping them to topple the tunnel and russia believes that in case of levy at the un mandate was misused and this is why it has not to let that happen again just as china russia as well the will be the only two prominent members of the u.n. security council were actively trying to negotiate a peaceful solution to the crisis russian particular as opposed to representing the so-called president bashar al assad as numbers all of the opposition trying to notch them into the dialogue and russia things that when you have two sides when you have two arms size in a call fix what you need to do is to bring them both sides of the same towns well the whole issue all this resolution on the syria came up our trip and estimated over two thousand five hundred protesters have been killed in violent crackdowns to assad the forces since march this year at vishal damascus claims that it's only

fighting side by 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 fire and we could not see very quiet these small boat phone footage these are indeed present us suffer just as they do not look like traitors paula calling. president to step down so what was she saying about it is i pulled flip where it's all because the violence has been very delicately bedsides so if you only support one armed side in that conflict you are you sending it wisest message to one side in this case two opposition forces. strong support which will only fuel more tension inside that home for. all you can find a more on all of our stories r t

a dark comedy or some other stories are. roughly uses chemical castration for paedophiles to counter the increasing number of sex crimes operate if that's a story on our teeth. and just listen to one on like the pilot provides a spectacular air show with a festival in australia all flying straight into a ferris wheel for the whole story online and for more videos you can always visit our you tube channel. there in the u.s. the occupy wall street movement is gaining support on a daily basis labor unions and joining the chorus of disapproval from l.a. to d.c. thousands of said the state of the economy and the government's inability to turn things around are protesting for a third week and artie's from going into reports they're determined to be heard. we don't want that not it's creating more pain where it's not very short perhaps and i think people are taking in. 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. to most traders 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 in 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 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. 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 the wahoo to olympia to omaha to orlando according to the occupy together web site protests or are being. in more than one hundred cities points that you place standing behind are worth a revolution i believe their time and i think. the world is recognizing that it

doesn't work despite mainstream media downplaying and even really killing the movement supporters that the message will be understood you saw what happened in london they tried to make it out about a bunch of people who were just. you know 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 buy their voices because we begin in bigger it looks like spreading throughout the country you know they had the arab spring and you know hopefully we have a u.s. in los angeles. a wall street maybe bogged down by economic and political issues but it's also espionage causing concern elsewhere in the world so i have for you this hour across the border spy games here secrets are safe for another day after special forces capture an alleged

chinese spy digging up details of anti air weapons systems. plus we tour the chechen capital grozny as it celebrates city day and it's an iraqi with rise from the ruins of just a decade ago. the british prime minister has called for a can do optimism during a anxious time for the country's economy while speaking to his conservative party david cameron said the threat to the world economy is a serious today as it was in two thousand and eight when global recession looms to discuss the prime minister's address and you have a gavin hayes who is general secretary of the left wing a pressure group of congress yesterday so mr cameron's speech tried to sound optimistic are things really good for the country is it in a good position to be optimistic and is cameron as a leader in a position to be optimistic. i don't think the country i don't think britain is in a position to be optimistic and we are very very disappointed with the prime

minister's speech today i think people all across britain will be quickly coming to realize this is an out of touch prime minister and that we haven't seen a thing you know being government firstly on the economy because we're very worried about the economy and the prime minister's lack of a plan b. for the economy you know the government was warned a year ago that they really did run the risk of a double dip recession if they cut public spending as hard and it's passed as they have. to pay off the deficit in his speech today he failed to allude to any plan b. for the u.k. economy secondly he also talked about the need for people to pay off their credit card debts yet on this also seems entirely out of touch with the british people as

millions of people struggle to make ends meet every month struggling to pay fuel bills put food on the table and clothes kids. don't hear very often yeah i did as he removed any suggestion of urging people to pay their credit card bills while he still in his speech alluded to people paying off their credit card debts but you know people in this country are struggling with simple necessities let alone you know paying off their debts or even saving a little for the future furtively he talked about the needs to pay off debt for future generations yet what he failed to say is that his government in the last year has imposed future generations with nine thousand pounds universe see these mortgages. just to get a high. cation all for me and finally i would say he talks about the british

spirit but on this the prime minister surely must learn you don't kick a dog when it's there but that's exactly what this government is doing to the british people through their savage cuts to public spending and their economic policy following up on that he did propose suffer masters for welfare payouts didn't he but at the same time also here he reiterated their britain's role in the libya and also the government is spending millions on a bar in that country and how do the two go together and why such a selection. well i think what i find disappointing is that there was absolutely no focus on the people at the top crawl who calls this economic crisis in the first place and that is big banks. not just the u.k. economy but the world economy me heard absolutely nothing again in david cameron's

speech about the. reform the banking system and sort of cracked down. big banks so i would have liked to see much more of the free because of making sure those at the top paid. ok just very briefly now we're seeing huge protests in greece and still continuing and in the u.s. as well do you think britain is next i think this is a phenomenon it's not just going to happen in greece it's not just going to happen in america it's something it's going to happen all over the world and it wouldn't surprise me if this occurs here in the u.k. again as well ok thanks very much for your parts there gavin hayes general secretary of the pressure group thanks again. now russia's federal security service has revealed it has been holding a suspected chinese spy the man identified as to the shiny un faces charges of

attempted espionage and trying to obtain information on russia's weapons are these kind of has to be tells authorities say that this is a chinese man who works 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 all of the three hundred air defense systems these federal security service says no past is the case over to almost go forward actually it's reported that he was arrested just around a year ago but it's not only no that the case has been passed over the top or that this story got into the media out the moment there's been no official reaction from the chinese authorities or from the foreign ministry here in moscow but it's interesting that russia used to export to the earth three hundred air defense systems to china because she'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 their place all right that was r.t.c. going to spin off reporting on the arrest of a suspected chinese spy in russia. oh it's a big bash for the chechen capital tonight with massive celebrations marking a city day but there's more than one day of shows and press visitors to grozny the city has gone through a massive transformation since being devastated by two conflicts against extremists in the one nine hundred ninety s. but artie's it may be a question about whether to have a look. just ten years has passed and grozny has gone from this has this changed as president good enough is known far beyond his hometown viewed as an authoritarian ruler in the west but in a fact of manager to many fellow chechens and handsome bushes his vision to raise devastated grozny from the ashes and make it the jewboy of the caucasus. i

never thought it would be possible in such a short amount of time what's happened in some kind of miracle i can believe my eyes that is the work we produce each of them and it is grozny city a complex of international class hotels and business centers when they were first per post so there was a lot of help this isn't bay would ever be built many thought it was just a pipe dream but there there are five believing towers there at the heart of the reconstruction of crossly and ours that is because every following the destruction wrought the beginning of them and any but cut them off wants to do more than just put out building he's aiming to raise the city's profile on a global scale since the start of the year he's attempted to grab the world's attention the inviting stars from the world of sport and show business to spend time and cause the. stadium a youth center and ice palace in

a few cinemas so people those see other places on t.v. you think it's better than here in the country we want people to come to us. it's not the first time grozny has been rocked by big scale events in may legendary footballers diego when i go in and luis figo took part in the grand opening of the city's before that other international stars including roberto carlos came to the region some turned years ago it would have been hard to believe that anything so glamorous and high profile. could alfred take place on the traction soil but now it's almost become a tradition chechnya has sin massive progress but there are still challenges terrorism remains a big problem here with attacks taking place on a regular basis the locals put their hope in investment the belief tracks more money from outside and the quality of life continues to improve eradicating

terrorism will no longer assume a mission impossible you know question r.t. reporting from crossing. over here and more on how life in the north caucasus is being improved from the president's a special envoy to the region that's coming up in a few minutes before that it's the business news that's imagery. thanks to the russian markets closed in the red adding to three sessions of heavy losses that's despite strong crude prices and a significant bounce back in europe russia is taking a big head during the latest market turmoil as investors pull their cash out of risky locations what alice say if a double dip recession is avoided emerging markets will outperform other global in the six. 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 once for now investors are simply wrapped up on the concern that we could get a catastrophe if we can avoid it if asked if we 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. look at the market starting with commodities well is strongly in the black the first day and for after of course the u.s. gasoline stockpiles of five million barrels last week brant is up two and a half dollars per barrel of light sweet is that to over seventy nine dollars for more than was said. u.s. stocks also positive all through the next well known manufacturing activity in september came in better than expected also causing massive days of processing before u.s. companies added ninety one thousand jobs in september that is better than expected out of a crucial jobless report due out on friday. in europe markets

a bounced back high as e.u. and i.m.f. officials expressed is of course board ailing banks financials therefore among the main advances should bank up seven point four percent franc first. up eight and a half percent in paris plots quite a different picture here in moscow where the r.t.s. the last point six percent my six point two percent and once they session really do the main movers energy shares mixed at the close gazprom is down one percent or stepped up one point two percent bank also failing to catch up with other financial stocks in the world has unbelievable from. the russian market is going to last as good as european markets although. little reason for this fundamental e.u. the. with your very very cheap pick out certainly greece and the few other countries are actually more cheap than russia and russia is the real deal in liquid market going to markets but it's still going to dependence on oil and everything but in any way in any event it's award it's

a risky emerging market are certain people just want to play we even have the answer to be extracted from cheap headlines are next on r.t. with tassels you stay with us.

culture is that so much good music made a lot of people in your area 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. brought our hero. we here it was our patriarchs that. god promised them this milind belongs to us. we'll if they are still going to be thinking. and god's chosen people will not believe that god is a real estate agent say ok this land is just for you guys and this goes as for you . on the corner you know this is going my own research might not that. it's. not real. clear eyed them up.