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tv   [untitled]    October 5, 2011 2:01pm-2:31pm EDT

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minutes. after ten pm 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 at 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 to a halt greek airports were closed and hospitals are relying on emergency staff well argue sorry for reports now from. we saw this things on the streets of athens stay on syntagma square outside the main parliament building we ask. the tensions pull david 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 to the syntagma square and trying to clear the protesters out of that
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area and really some 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 strike and actually intervening to push back the riot place 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 parties in the country had let thousands of work is public sector workers on to the streets to protest against these measures and again like we said we saw those things that escalating 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 what we've seen over the last couple of weeks is the greek government passing more and more of these are starting measures to try and keep the international lenders on
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side to try and prove to them that they're able to take these steps to try and plug the deficit in their 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 of the salaries who are being cut then to have these extra taxes it is really raised the level of anger amongst the public here he said they simply can't manage that now we've seen this all say quite disconcertingly spreading throughout the year is in and from the sovereign debt crisis meeting now into the banking sector. well and there it is a repeat of what we saw a couple of years back and you know once again we're hearing what people are saying is the steps in the measures that were put in place at that time off to be still the collapse of lehman brothers you know what was the 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 david for midi said that that
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happened as a result of lack of trust in the year are you saying governments really that sentiment could not be echoed anymore clearly by the public here is well that's exactly how they feel they just lost trust in the u.s. any disability to get them out of this situation and face 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 saying countries as well. well euro zone leaders have given themselves until mid november to decide the next tranche of the greek bailout it will only arrive if the country meets its deficit targets but thomas tigress and from s.c.b. merchant banking believes south and this is being prepared for a default. 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 we heard earlier is a very significant event it's
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a chair said there won't be any more bailout payments to greece by that we need another four or five weeks before the difference the preparations for for a big to fall can be in place obviously if it happens in controlled way it could be a very destructive event if there are no difference here preparations made in the. cost of the banks other problems quite clearly. i think that would be the reason why this is going to happen right now but in four or five weeks he said they are now frantic preparations are under way to bolster the differences to make money available for printing out banks and ring fencing the healthier governments of europe when they say. actually happens so i mean the problem i can see with the solution is that every single interest i've made over the past year or two they all seem to believe that after the bailout there would 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. now
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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 said they're concerned it could pave the way to a libya style military intervention artie's medina 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 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
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unspecified quote measures many council members including china russia brazil south africa interpreted these vague terms as leaving the door open to sanctions now of course russia has one is one of many countries that has been opposed to international sanctions against syria ambassador churkin says moscow believes the violence should be stopped through internal reforms and political dialogue not external sanctions or military intervention such as the case of libya you put in your p.c. would 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 it's one sided accusations against the mast which we believe the threat of implementing sanctions against the syrian government is unacceptable this approach
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contradicts the principle of peaceful settlement of the crisis based on a common syrian national dialogue shutters brazil india south africa and lebannon abstained from voting on the resolution but it was the united states that voiced. reve 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 we do know that some council members wanted not only the syrian government condemn 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. of
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the veto by russia and china follows three months of heated debate in new york and the disagreement has with 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 turned to its last resort if you will and in case of syria russia felt it was necessary to be told that resolution to stop that scenario and yet another arab state similar to what happened didn't leave it up to the u.n. mandate to protect civilians the resolution on libya was passed in march with russia abstaining from the vote but that monday it was quickly picked up by nato which sided with and to gadhafi forces helping them to topple the pound 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
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again just as china russia as well the told me the only two permanent members of the un 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 and members 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 and estimated over two thousand five hundred protesters have been killed in violent crackdowns on anti assad forces since march this year at vishal damascus claims that it's only fighting subuh 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.
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outside protesters are actually carrying weapons and using those weapons fire and we cannot see a very fly these small bulk phone footage these are indeed tend to president assad protested they do not look like the death rate is only calling. president to step down so russia is saying that it is a cold place where it's all because that violence has been carried out on both sides so if you only support one harmed side in that conflict you are you sending out biased message to one side in these case to opposition forces a message of strong support which will only fuel more tension inside the country. when you can find a more on all of our stories that are to adopt common there are some other stories like russia introduces chemical castration for paedophiles to counter the missing number of sex crimes that separate except for the whole story i want to stop.
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and just listen to one on one part of the provides a spectacular air show with a festival in australia all flying straight into a ferris wheel find the whole story online and for more videos you can always visit our you tube channel. now in the u.s. the occupy wall street movement is gaining support on a daily basis labor unions and joining the chorus of disapproval and from l.a. to d.c. thousands of south of the state of the economy and the government's inability to turn things around are protesting for a third week and as artists from going into reports they're determined to be heard . we don't want that model that's creating more pain worse not very much more corruption and i think people are taking a stand right. 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
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government empowered. demonstrators worry that the one percent who controlled most of the nation's wealth have gained a stranglehold over the u.s. government alexander hamilton you know referred to the people it was so afraid of as the great beast in the great beast. 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 athens and others are inspired by the revolution of egypt now there's still much debate about whether this is part of my 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
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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 website 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 in that thing that night i think that well it is not good news you know 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 and they tried to make that out about a bunch of people that were just you know you know the bad apples that see humanity
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humanity's got to think some of 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 finally find their voice. it looks like spreading throughout the country you know they had a arab spring you know hopefully never u.s. . a wall street maybe bogged down by economic and political issues but it's old school espionage causing concern elsewhere in the world still ahead for you this hour cross border spy games. 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 its miraculous rise from the ruins of just
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a decade ago. the british prime minister has called for a can do optimism during a quote 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 loomed well to discuss the a prime minister's address i'm joined by gavin hayes who is general secretary of a left wing a pressure group a compas mr hay 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
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a thing do nothing 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 fast 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 here 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 their kids.
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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 bit for the future thirdly he talks about the need 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 university tuition fees mortgage style just to get a high. education forcefully and finally i would say he talks about the british bulldog spirit but on this the prime minister. you don't kick a dog when it's down but that's exactly what this government is doing to the british people through their savage cuts to public spending and their economic
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policy following up on that he did propose suffer measures for welfare payouts didn't he but at the same time also i hear he reiterated britain's role in libya and also the government is spending millions on the war in that country how do the two go together then why such a selection well i think what i find disappointing is that there was absolutely no focus on those people. who crawl who calls this economic crisis in the first place big banks that busted not just the u.k. economy but the world economy and we heard absolutely nothing again in david cameron's speech about the need to reform the banking system and sort of cracked down. big banks so i would have liked to see much more of a focus on making sure that the whole. ok just very briefly now we're
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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 that is going to happen all over the world and it wouldn't surprise me to use here in the u.k. again as well ok thanks very much for your thoughts there gavin hayes general secretary of the pressure group compas 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 going to pass the details. 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
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bribe his way into getting access to secret technical documentation on the three hundred air defense systems the federal security service says no past is the case over to almost all who are 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 talk more about 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 three hundred air defense systems to china because she's actually sort of flying to produce them all and so. their production here in russia has been recently fully suspended with the more modern and advanced sas four hundred and five hundred air defense systems taking their place all right that was our reporting on the arrest of a suspected chinese spy in russia. now it's
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a big bash for the chechen capital tonight with massive celebrations marking a city day but there is more than one day of shows to impress 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 medina question about went to have a look. just ten years has passed and grozny has gone from this to this as president. 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 dubai 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 all the proudest achievement is girls in the city
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a complex of international class hotels and business centers when they were first per poster there was a lot of skepticism they would average build many thought it was just a pipe dream but there there are five believing towers there at the heart of the reconstruction of closely and are a symbol office that is recovery following the destruction wrought at the beginning of the millennium but cut it off wants to do more than just put up buildings he's aiming to raise the city's profile on a global scale says the still much of the yankees attempted to grab the world's attention by inviting stars from the world of sports and show business to spend time in grozny. we've opened a stadium a youth center an ice palace and a few cinemas so people those see other places on t.v. you think it's better there 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
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footballers diego maradona and luis figo took part in the grand opening of the city star 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 africa take place on the chechen soil but now it's almost become a tradition chechnya has seen massive progress but there are still challenges terrorism remains a big problem here with attacks taking place on a regular basis but 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 mind you know question r.t. reporting from crossing. we hear 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
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a few minutes before that it's a business news with dmitri. thanks tess of the russian markets closed in the red adding to three sessions of heavy losses that's despite stronger crude prices and a significant bounce back in europe russia has taken a big head during the 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 in the cities. 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 the catastrophe which now looks more likely then i think once we settle down we will see more money coming back to emerging markets
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faster than developed markets. look at the market starting with commodities oil is strongly in the black for the first day in four to report to us gasoline stockpiles five million barrels last week brant is up two and a half dollars per barrel light sweet is that to over seventy nine dollars more than was said. u.s. stocks also positive after the next to a non manufacturing activity in september it came in better than expected also was a massive days of processing before us 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 of bounced back as e.u. and i.m.f. officials expressed its support for ailing banks financials therefore among the main advances bank up seven point four percent franc first. up eight and a half percent in paris but quite
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a different picture here in moscow where the r.t.s. the last point six percent my six point two percent in wednesday's session of the main movers energy shares mixed at the close gas problem is down one percent will step up one point two percent burbank also failing to catch up with other financial stocks in the world his data from. the russian market is not as good as the european markets although without any particular reason for this fundamentally to go. with lividity cheap caps only greece and few other countries actually more cheap than russia and russia is a relatively liquid market to emerging markets but it's still very much dependent on oil and everything but anyway in any event it's a war it's a risky emerging market certain people just want to play we even if they're out of this be attractive and cheap headlines are next on r.t. with tassel to stay with us.
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culture is that so much i'm afraid we're going to make a lot of people here yeah but the days of 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.
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cobra argue. we hear it because our patriarchs that. the god promised them this is the land belongs to us. we'll if they are still going to be thinking that they are god's chosen people will not believe that god is real estate agents they look at this that is this for you guys and this guy as as for you. under don't go on are yours or mine field research might not then. come with you. here i don't i'm not that. bad.
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welcome back to washington from moscow and here's a recap of all our top stories police fired tear gas and demonstrators in athens as a nation is brought to a standstill by a nationwide strike state services have been paralyzed after thousands of civil servants walked off their jobs in protest at new social cutbacks. russia and china blocking un resolution against syria which had european backing moscow says the targeting of damascus is a soft confrontation and not push for peace. thousands across the u.s. and voiced their anger at corporate money and its influence on the government at a time of soaring unemployment labor unions so much more in the course of disapproval. north caucasus remains right.

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