now our top story freeing the skies above libya by lifting the no fly zone and putting them to nato is on the cards at the u.n. security council today it's a vote on a draft resolution to wind down the military campaign that's despite calls from libya's new leaders to extend the mission until the end of the year let's cross live now. who is in a washington d.c. it for us. any indications as to be outcome of the u.n. security council's vote. well past at this point it's not quite clear the vote is supposed to begin as we speak but it's important to remember that nato has been operating all this time under the u.n. security council mandate from march now and russia's initiative the council will approach to lift the no fly zone meaning to and nato operations while there is a good chance that this will happen after all president obama said nato should be done in libya by the end of october also we've just heard the french defense minister say that there is no point in continuing nato operations this comes at

a time when levy is interim leader at nato to prolong its air missions through december and add military advisors advisors on the ground the head of libya's transitional national council said we have asked nato to stay until the end of the year and it certainly has the international legitimacy to remaining the to protect the civilians from khadafi loyalist as far as international as for international legitimacy is being largely compromised when nato is goal shifted from stopping a potential massacre in the year to killing to darfur now the mission might be shifting to protecting civilians from productive loyalists the grounds for the mission of kept changing throughout the whole campaign the nato ministers have been scheduled to meet on wednesday in brussels to finalize the termination date but they abruptly postponed the meeting until friday presumably to weigh in oh maybe an interim government's request for an extension this latest development to a lot of people suggested echoes a few rackin of gatiss then the levy a transitional government that's making this requires old its power soley to the

coalition forces that placed them in that position they have not been chosen by believing people they potentially been chosen by nato allies and now this government is asking needled to say some analysts say this might may suggest that nato is planning to stay in one form or another but the boundaries of the un mandate that was given in march have already been stretched too far as the goal was to protect the duly as both forms of leiby and civilians died in nato strikes the country is in ruins it's it is also brimming with weapons for more on that here is my colleague and he said now we. the war is over but the weapons are fully loaded. human rights watch has expressed grave concern about leftover armor in libya their number one fear warehouses thought to hold ground to air new found which could in the wrong hands take down passenger aircraft it's through made so and nato allies in the region which these

weapons have been flooding libya and also libya is quite wild country anyway the population has has quite a lot of light weapons in its possession and those light weapons are becoming a heavy burden on the national transitional council now relying on an army of former rebels for security it would try to control the would bend. if there's somebody who has worked and we ask him if he has a per se string for this we are not. checkpoints have been set up across tripoli to check that those carrying weapons have proper documentation and those who do have the paperwork are being called on by the national transition committee to return their arms the question now is what if they don't and what does that mean up for parts gadhafi libya and its stability and now as you can see is being secured here everything is under control and the only word

thing that will make some weekend is how to give back the weapons but we see something very different i asked the head commander what the plan is to disarm the population. i swear i don't know if you. select the. u.s. embassy. and a makeshift arms collection center that covers one neighborhood in the capital we are shown this. these are the weapons people brought to me today not many. walk down one block in tripoli and you'll see twice as many firearms. so you know how many weapons there are. i can dislike to have to live in sydney yeah i think everybody have a weapon some think the front of arms in the country could spell disaster ahead in the vacuum after gadaffi and post revolt chaos as groups fight out vicious fattal's

of power. what you have now in libya is schools of armed factions who have no respect for each other and who have no respect for mates who actually either they've opportunistically used mates or to achieve some aims and nato has been foolish enough to go along with this so i think what we're going to see now is the intensification of the civil war between increasingly the factions which have overthrown with the gadhafi regime with many libyans not yet ready to say a farewell to arms at the end to the sea which could only be gadhafi with nato how is now asking the alliance to continue its mission of indication of just how unstable the country is and he said no way r.t. tripoli. all nato members spent a lot of cash and effort to help revolutionary forces gain the upper hand in libya but u.s. based journalist richard spencer says it's of little use to their own people back

home. i don't know how you could possibly call this a triumph for the west it had nothing to do through the war aims it did not improve the lives of anyone living in the united states or europe or anything like that it was a kind of it was you know one more of these blue dog rules and incoherent foreign policy endeavors that benefits the people in no shape or form and in some ways this kind of bombing on behalf of these rebels whom we know little about and who will likely not really serve western interest whatsoever i think it also says a lot about the current state of the united nations and i think that's also very important basically what you have is a situation where within the u.s. if the united states decides to overthrow a government it does not like there will be no consequences for it in the body in terms of nato i think nato is

a totally incoherent organization it was over of course it's a dinosaur from the cold war era and i think it it's used as a tool at the behest of the united states and and sometimes some other european powers to do more of these foreign policy endeavors that don't make any sense at all plenty more on this story on our website including the hunt for the remnants of gadhafi regime broken legs another think injuries the country's next prime minister fears for his life saying a media is presenting his severe beating as a suicide attempt. and the u.s. military machine may be moving out of iraq about there will still be spooks in the shadows we report on why the cia is staying behind it's all of our team dot com now . european banks have agreed to write off fifty percent of the debt owed to them by greece it was decided during an emergency

summit in brussels were e.u. leaders made what many believe was a. final attempt to save the euro zone the settlement was reportedly a close run thing with the backlog be holding out until a german chancellor angela merkel threatened letting greece default but the e.u. also promises to loan athens another one hundred billion euros well the ballooning bailout fund is in line to expand to a trillion euros now the task is to put it all into action but is it enough let's talk to a max kaiser economic analyst and host of the kaiser report right here on r t a maxi are certainly no fan of the euro zone's policies and you've repeatedly pointed out that you use disorganized approaches so far but now there seems to be a real solid and sweeping plan are you are you finally placated. well the plan is to create a one trillion euro slush fund and not write off fifty percent of greek debts that misperception there is simply going to move it around the fraudulent

balance sheets that are being organized to operate together by the i.m.f. the i.m.f. is taking a bigger role in this euro feel now which means that the i.m.f. going forward will have a lot more power over these individual sovereigns they'll be more austerity for the greek people they'll be another bailout required within six months i guarantee it this is a stopgap measure that is just about dead on arrival yes stopgap measures though but do you think that in any way they deserve credit for it or can it be justified to postpone at least a greek default which if it had happened earlier or perhaps now it would have been dishonest rows for both the greek government as well so is it is there any merit to them putting this out right now. well defend depends on how you define. for the greek people they're losing their sovereignty and i mean if

russia are they voluntarily going to lose their sovereignty so that the i.m.f. can flow trillions of dollars worth of slush money that's the question i have to ask yourself are you willing to trade their sovereignty for i.m.f. board of directors to greek people willing to trade their sovereignty for a bunch of kleptocratic corrupt bureaucrats who are following policies that are cooked up by charlatans are they willing to make that swap if they are then it's a great policy but they're no longer greek people call them i.m.f. or you know when you go to athens for a vacation the people you see there are not athenians they are i.m.f. ers. all right well let's talk about the bailout fund that they're expanding to a trillion euros now some would say that it's not enough that it has to be bigger but the e.u. is planning to extensively leverage it and this is drawing flak from some saying that this is a this is very risky comparing it to gambling but then on the other hand what option does the e.u. have admit is this i mean this is

a way to survive isn't it. well there it's a debt problem that they're going to cure by adding more debt that one trillion euros the president of the herman van rompuy has already said that they can leverage it up to five trillion euros that'll be in day one and so they're trying to solve the debt problem with more debt now that this is the this is the issue when you expand the debt load in this in this manner by trillions of euro's you're increasing the complexity of the euro economy by a factor of greater than a mere five trillion dollar additional debt you're expanding the complexity by a really much higher degree you're guaranteeing economic collapse by by increasing the complexity of the system by adding more debt this is why this should should be stopped in the next couple of months you're going to be able to say that

we staved off catastrophe for two months but if you were truly interested in solving this problem greeks would default a hundred percent on the fraudulent debt they would contain their sovereignty and banks would be forced to deal with the bad loans that they may why we mollycoddling banks why are we giving them one set of laws and everyone else has a separate set of laws it's because the i.m.f. and their banking friends have taken a position above the solvency of any of these countries they're not elected officials and if there are. terms to these these people these countries spending overall they cease to be served and of not only that it's going to collapse it doesn't work rabbit speaking about the banks i mean they're going to spin put a bit of pressure on them i thought i read that there are supposed to have nine percent in capital buffers by next year and this will be to stress test is that putting a bit of a pressure on the banking sector where that money burst that but no percent

increase in capital buffers is going to be borrowed from. that's just editing complexity you know you're guaranteeing global financial good task by letting these charlatans pose these theories that adding debt to a debt problem is going to increase stability that's insane what you do is give your financial policies as a matter of fact we already have ben bernanke and true shea our financial terrorists we know this for a fact let's just have the terrorists run the world's economy they're doing a fantastic job given more weapons of mass financial destruction give them more debt it's absurd it's nobody going to stand up to terrorism i guess not oh well very quickly back to running out of time a very quickly i'm looking to china your thoughts on that any sense of security china of course. has a huge potential loss here they want to keep this system of float as long as they possibly can while they grab as much gold as they possibly can china and those that

eventually when this system collapses we're all going back to a gold standard and whoever has the most gold is going to look great russia is in a great position the u.s. has a lot of gold but they've already loaned a lot of it out so china knows if they've got a lot of gold but they want to increase their gold stake in seoul the system blows up as it i guarantee it definitely will be a lot worse off three months from now and six months from now you can stick a pin in it it's definitely going to get worse all right thanks very much for your thoughts there are teens and max keiser talking to us live from paris. now europe's are opposed bigger bailout pot will need some foreign cash to top it off the head of the fund is now due to travel in china to try to track some backing but economists there say that he was trying to get others to do what it should have sorted out itself. plant. here or in who's going to pay because you're talking about one trillion euro and this is

a lot of money. right now doesn't have the money we are talking about leveraging the european financial stability for on. the other countries to i go to china now russia india even brazil to lend to the your peers ability to fund if you don't have money. to raise the money or prevent or already some what china would do i think they've really been ruled by a token among. your peers but realty fun but the refrain from playing a leading role because this is this is what do you will be in leadership have done . well even if that years and a crisis plan pays off help will still take a while to filter down to the ground in greece but those living through straightened times are finding their own ways to make it authorities are further ports. they say that time is money for

a country where cash is now in short supply time has taken on a whole different value the time bank quick change want to services and sometimes they give painting lessons for free but they take you for free also somebody else is teaching yoga the time banks just one of the growing number of service swapping alternatives that are providing people in greece another way to cope with the tough economic conditions services can include anything from language classes to babysitting think its meals. for a country in crisis building social unity camp prefix stream a hard crisis is a terrible thing he creates fear it divides people from public sector workers from private sector workers it divides richer workers to poor workers immigrant workers from home work for the party networks have been a great way of bringing together large groups of people the populist slogan here in greece now is no one's alone in the crisis organizations are arranging swap shops

to exchange plays one town in greece is even started saying bharti currency it's huge huge everything we do without money like looking after people are making things by ourselves nicky gives me and her friend alexandra he's also a member of the time bank and lesson one of the free services she provides and in exchange alexandra helps out with the gardening so the time is repaid it's an amazing way. of receiving finally by giving to the other. many greeks struggle with wage cuts tax increases and with unemployment in the country now cripplingly high there's been huge interest in the time banks and networks places in aladdin's cave of materials it's a wonder really that this idea of swapping gets in services has proven so popular

it's building solidarity a time when the economic situation is extremely uncertain. it's not to respond to you can omit crisis in the sense that it's going to overturn the terrible economic policies that are being posed by the troika it's giving people support to feel that they can do something with the tough economic times leaving many greeks feeling worthless there is real value in projects like the time bank and with the greek government drowning in debt these creative solutions are offering the he needs to pull it but encourage him and the people here which at a time of deep recession proving priceless commodity is served. athens. all fresh clashes broke out in new york and around the wall street march followed by our arrests several hundred people marched in support of activists in oakland california who suffered a riot police crackdown earlier artie's but in a point my reports now from new york. at least five hundred activists of

occupy wall street were walking through a lower manhattan to show their solidarity with the protesters from oakland california as this started massive group was walking through manhattan and there were helicopters flying overhead we saw riot police come out. and arrest stream of police officers employees cars following the group around there were some scenes odd of police officers arresting someone to this senate some point taking them down to the ground this is six weeks in which to him move in and out of his whirlwind are larger and louder not just in new york city but out across the entire country in the past day or so we have seen a huge crackdown now in atlanta and occupy demonstration took place at least fifty to this were arrested there but it was an oakland california that this seems many

say looks like something of the urban war zone the occupy. to get that to the streets there were at least three hundred fifty of them got into clashes with the police and the police fired tear gas and rubber bullets at the crowd trying to remove the optimus from a campground that they stablished two weeks ago in front of city hall at least ninety seven protesters who were arrested but we do know that there was one man shot in the face by rubber bullets and it was in a rocky war veteran by the name of scott olsen is a former marine two time iraq war veteran he is now in critical condition from what's being reported he was shot in the head by a police projectile and right now he's in the hospital he was in one of the many iraq war veteran south were peacefully participating in the occupy oakland march so

far there's not much images or visuals or video to come out that showed any of the protesters attacked eight attacking the police officers and the police in oakland california and new york city and throughout the country have been criticized for using brutal force against these activists that are just trying to exercise their freedom of speach. our correspondents in the u.s. are watching the protests and posting what they see online check out our twitter feed for those and meanwhile i witness is an oakland have put footage on the web showing the intensity of the police crackdown looking at one of those of videos this is a video that had a point i refer to in her report showing how an iraqi war veteran. experience scott also to see her lying on the ground want to group of protesters rushed to help them not that moment a flash mob was struck by one of the policemen who seemed to be earlier deliberately aiming at the activists again let's watch this video. from this there are other videos from the protests as they are available at artie's channel and it

appears that the ability to make quite a show like this public that's making a difference to the current protests so says joshua holland editor of the independent news website internet. everybody has a cell phone there are millions and millions and millions of cell phone cameras that are just photographing all of this stuff it all ends up on you too so i think that having a greater impact than it might have when you know if if a given act of excessive force by a police officer was in captured by c.b.s. nobody would ever see it the movement has shifted the discourse in this country dramatically just a few months ago the national journal did a study that found that the mainstream media was focusing much more on the deficit then on the unemployment crisis the foreclosure crisis student debt these issues have been thrust into this. at the center of our discourse by this occupy wall

street movement and. that's already having a significant impact. and one more thing to add it caught in the crossfire well there's an app for that a new application for android powered phone is called i'm getting rested it tells lawyers friends and family if you're being handcuffed check out the details at our t.v. dot com. and now it's time for the business bulletin where dmitri. into business progress appears to have been made of russia's efforts to join the world trade organization georgia earlier in the country which opposes russia's access and as agreed to new proposals from swiss mediators and negotiations it was viewed as centered around monitoring trade in the two former georgian republics of south ossetia and. early on the first day the kremlin suggested talks had failed

although there has been no subsequent comments on the swiss proposals it is possible for russia to join the w t o n a majority vote although unusual it would deny george of the power of veto the. world's emerging economic powers say will inject cash into viewers or to stem the debt crisis contagion china has reportedly agreed to invest in the rescue fund russia's also involved a presidential have you got a call which says no country could contribute to rescue efforts through the i.m.f. meanwhile markets rebound globally after europe so wide ranging deal to fight the sovereign debt crisis a second look at those figures first of all is coming back from the biggest drop of this month on speculation u.s. economy is recovering light sweet is our bird two dollars seventy seven cents brant even more than that three dollars twenty five cents per barrel let's take a look at the u.s. markets and they are indeed rallying with optimism coming from europe and the

latest g.d.p. figures showing the u.s. economy expanded two and a half percent in later schools are almost double the rate in the second quarter that's as consumers splash out dow jones nasdaq up two percent in europe it's even more jubilant footsie is trading up almost three percent dax more than five percent banks are showing particularly strong gains across europe barclays up fifteen percent. on the footsie deutsche bank thirteen percent higher in frankfurt. and russian stocks for a second day are showing a lot of optimism in the r.t.s. near the close at four and a half percent myself two point two percent among blue chips banks and energy stocks as burbank three point three percent higher noise nickel is up two percent it has lost most of its steam from earlier in the day growth was much stronger shareholder conflict with roussel appears to be escalating in other sectors retailer magnates is up two point two percent after the closure of thirty percent

increase in third quarter net profit but that's on the russian accounting system. russia's most popular search engine yandex has increased its revenues by sixty five percent in the last quarter one hundred sixty million dollars most of the money came from placed advertisements on the site and paid clicks yandex recently launched service isn't turkey taking the company international for the first time shares in the company have dropped twenty five percent since listing in new york it may find it hard to keep up with google however the company's c.e.o. maintains a progress is being made in no way of its business. according to com score a recent research published this week by a number of curious made in the mix we number four in the wall. the head of the players were pretty spirited in a recent investment around for such a start up call it was

a thirty million dollars investment fifteen million from us. with a good ten percent stake in the company. business artie will be back in fifty five minutes time with an update joining. but i am so sorry for so australia everyone will be out there still and know

that until you see the film on the screen if you want to have sex go and have sex. welcome back this is our live from moscow and here's a recap of all our top stories demilitarizing libya from top to toe the u.s.

grounds nato warplanes and the no fly zone is expected to be lifted in a few days but the country's new leaders are struggling to deal with a population that's armed to the teeth. arrests in new york as wall street protesters encounter a rough police response as campaigner show solidarity with activists who fell victim to an earlier practice. europe's leaders declare they finally got a debt solution while yet more money into greece and telling banks to write off half of what they're owed by the collapsing country. while at the epicenter of the crisis it's back to basics as cash strapped greeks revert to train for goods and reach a startling realisation that it's really not that bad. although your struggles to keep the family together those who highlighted the flaws in the first place are getting more vocal and saying they should call it a day.