the headlines on our t.v. and nato gets its marching orders from the u.n. to read libya and and it's a struct of their strides but leaving the country's new leaders struggling to deal with a population that's on to duty. europe's leaders declare they finally got a debt solution to get more money into greece and telling banks to write off half of what they are owed by the collapse in country. while at the epicenter of the crisis it's back to basics as cash strapped greeks revert to our current for goods and reach a startling realisation that it's really not that bad. and arrest in new york grabbed the wall street protesters encounter a rough police resistance during a show of solidarity with the old one activist who fell victim to an earlier crackdown. also george accepts new proposals on russia's move to join the world trade organization of the coming under pressure from the e.u. more details in the analysis and business also interest it's.

just after seven pm here in the russian capital you're watching r t now to our top story no more war planes and air strikes in libya the u.n. security council's unanimously voted to lift the no fly zone in next monday but libya's new leaders want the mission extended to the end of the year let's cross live now to our he's going to washington d.c. there as if that is enough is enough for the u.s. of a just military mission in libya is this what was expected. well cassidy you want to hear the council voted unanimously to lift the no fly zone over libya affectively meaning to and nato operations there nato has been operating all this time under the un security council mandate from march and now at russia's

initiative the council as a voted to end that mandate is important because it comes at a time when the view is interim leader asks nato to prolong its air missions through december and add military advisers on the ground the nato ministers had 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 on the levy an interim government's request for an extension u.n. diplomats were saying that this latest resolution to lift the no fly zone is is is an end over phase that raises questions as to what the next phase will be some analysts say maybe nato is planning to stay in one form or another anything is possible at this point the ground as we know for the nato mission in libya has kept changing throughout the whole campaign from stopping a potential massacre in leave year to killing khadafi nato has many times been accused of violating the u.n. mandate the announced goal was to protect civilians but school board to review

civilians died in need of strike the country is in ruins now it's also bringing with blackman's for more on what the situation on the ground in libya right now here is my colleague anything now we. the war is over but the weapons are fully loaded. human rights watch has expressed grave concern about leftover are in libya their number one fear warehouses to hold ground to air missile which could in the wrong hands take down passenger aircraft it's through nato and nato allies in the region which these weapons have been flooding libya and also libya is quite a world country anyway the population has has quite a lot of light weapons in his 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 and we try to control the bends and we check if there

is somebody has work and we ask him if he has authorization for this we are not. going to. 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 posted on the libya and its stability and now as you can see is being secured here everything is under control and the only thing that you will make some mechanism how to give back the weapons but we need 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 internet or show us that we are some of the c.b.i.

who were in the path of manhood and a makeshift arms collection center that covers one neighborhood in the capital we are something you will go through these are the weapons people brought to me today not many. walk down one walk in tripoli and you'll see twice as many firearms. so you know how many weapons there are maybe i think it's like tests and we haven't seen any yeah i think everybody have a weapon some think the front of arms in the country could spell disaster ahead in a vacuum after a good daffy impulse revolt chaos as groups find out this is fadel power. what you have now and in libya is schools or armed factions who have no respect for each other and who have no respect for mates or actually either they've opportunistically used nato 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 the gadhafi regime with many libyans not yet ready to say a farewell to arms at the end of the sea which could only be good saffy with nato how it is now asking the alliance to continue its mission a vivid indication of just how unstable the country is and he said no way r.t. tripoli. asia times correspondent pepe escobar thinks the country's outlook is bleak and sees comparisons between what happened in sirte with events in iraq. at the end of two thousand and four. or two thousand and eleven. which was to this troy jet in order to say that they need to see what kind of benefit you can do when people are saying oh he's going to fusion and massacre in benghazi lead to

see the civil war in libya it's already on the we've never set up a government because they're militias fighting against religious so what i predict is plunder libyan resources running libya as a kind of respect or a book with government because i saw. in. tripoli and civil war all of that. any more on this story on our website including the hunt for the remnants of gadhafi is rushing broken legs and other horrific injuries take on trees acts prime minister fears for his life saying media is presenting his severe beating as a suicide attack. 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 steam behind its archie dot com right 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 worry your readers made what many believe was the final attempt to save the euro zone and the settlement was reportedly a close run thing with a bank lobby holding out until a german chancellor angela merkel threatened leg greece defaults the e.u. also promises to loan out as another one hundred billion euros a lot of ballooning bailout fund is assigned to expand to a trillion euros well now the task is to put it all into action but you have got over twelve who runs two of belgium's leading business magazines believes what's been achieved simply lacks any sort of punch. it's just buying time this is really not the bazooka everybody has been asking for i would describe it as a water pistol this of course prevents for the moment that we really get to a kind of a thing escalation of the greek debt level which is now growing in the direction of hundred and eighty percent of g.d.p. but you cannot call this a structural resolution to the difference from greek problems they are

a little bit afraid to really bite the bullet here because if you look at it closely there is only one solution for greece and you to have been put on the table already several months ago that is for greece to leave the euro zone but that is a decision everybody's afraid of and what has for example not been discussed now but which is very much on the minds of several of the european leaders is that there is a huge problem brewing in portugal because this country is going down the greek greek road quite rapidly now so if one does the action on greece one immediately has put a similar kind of action in the operation with respect to portugal. all year of supposed bigger bailout part will need some foreign cash to top it up the head of the fund is now due to travel to china to try to attract some backing but he got economists there say the e.u. is trying to get others to do what it should have sorted out itself. the plant.

hero in who scorned to pay because you're talking about one trend in europe and this is a lot of money. right now doesn't have the money they are talking about leveraging the european financial stability fund. other countries like china russia india even brazil to lend to the europeans probability of if you don't have money you can sell your s.s. to raise the money or print already some what china will do i think they've been ruled by a token amount of. your peers the ability fine but i'd be with you friends are playing a leading role because. this is what you'll be in leadership. or even if the e.u. is anti-crisis plan pays off help also 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 as r.t. sarfraz reports. they say that

china's money for a country where cash is now in short supply kind is taking on a whole different value than quick change want to services sometimes they give painting lessons for free but they take you for free also somebody else is the to go get the time banks just one of a growing number of scientists working alternatives that are providing people in greece another way to cope but that's how economic conditions services killing create anything from language classes to babysitting think it's meals. for a country in crisis building social unity can freak extremely hard crisis and to be creates fear. from public sector workers from private sector workers who provide richer workers to poor workers immigrant workers from home.

networks have been a great way of bringing together large groups of people the populace slogan here in greece now is no one's alone in the crisis organizations arranging swap shops to exchange clothes one town increases even started its own barter currency it's huge everything we do without money like looking after people are making things by ourselves mickey gives me and her friend alexandra he's also a member of the time bank and lesson one of the three 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. many greeks struggle with wage cuts tax increases and with unemployment in the country cripplingly high beam huge interest in the time banks and bars and networks places in aladdin's cave of materials there's no wonder really that this idea of

swapping goods and services has proven so popular during. a time when economic situation extremely uncertain. it's not the response to the crisis in the sense that it's going to overturn the terrible economic policies that are being posed by the troika it's getting people to feel that they can do something. with the tough economic times leaving many greeks feeling there is real value in projects like the time bank and with the greek government drowning in debt these creative solutions are offering will be nice of course but encouragement for the people here which is a time of deep recession uprooting priceless commodities so i see athens over there you for you over the deal three should brussels dying down the numbers are now being poured over by economists and experts to see if they add up

a lot of them as artie's max keiser who believes nothing's changed you still fighting debt with debt the plan is to create a one trillion euro slush fund and write off if you percent of greek that misperception is simply going to move around the fraudulent balance sheets that are being organized to operate together it's a debt problem that they're going to cure by adding more debt most of the terrorists run the world economy they're doing a fantastic job given more weapons of mass financial destruction kill more debt it's absurd you're guaranteeing financial catastrophe by letting these charlatans pose these theories that everything debt good debt problem is good to increase the building that's insane all the kaiser report has a deep down to fifteen minutes time right here on our team. fresh

clashes broke out in new york during an anti wall street march followed by arrests several hundred people marched in support of activists in oakland california who suffered a riot police crackdown earlier artie's bloodied report by reports from new york. at least five hundred activists occupy wall street were walking through a lower manhattan to show their solidarity with the protesters from oakland california as it is that massive group was walking through manhattan and there were helicopters flying overhead we saw by police come out. and risk stream of police officers employees cars following the group around there were some it seens police officers arresting somehow because then at some point taking them down to the ground this is six weeks and to a movement that is when the larger and louder not just in new york city budgets

across the entire country in the past day or so we have seen a huge crowd now in atlanta and occupy demonstration took place at least fifty tickets were arrested there but it was an olympic california that is scenes many say look like something out of the curb in wars will cause the occupy to get to the streets there were at least three hundred fifty of them ah god into clashes with the police and a police fired tear gas and rubber bullets at the crowd trying to remove the optimus from a campground at beit stablished and weeks ago in front of city hall at least ninety seven protesters who were arrested but you know that there was one man shot in a face fire were full it and it was in a rocky war veteran by the theme of stockholders it was 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 ahead right now but he's in the hospital he was in one of the many iraq war veteran south work peacefully participating in the occupy oakland march so. there's not much images or visuals or video to come out that showed any of the protesters tactic attacking the police officers and the police in oakland california new york city and throughout the country have been criticised for using brutal force against he's 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 meanwhile i would this is in oakland have put footage on the web showing the intensity of the police crackdown and one of those videos is that you're on your screen right now this is the one and read of court i referred to in her report showing how an iraq war veteran was injured that's marine scott also

missing lying on the ground when a group of protesters rushed to help him and after that moment a flash from it's the one of the policeman who seemed earlier to be deliberately aiming at the activists so here's a quick replay of what you just saw there are other videos like these from the protests are available of r t r channel and it appears that the ability to make british life this public is making a difference to the current protests so says joshua holland editor of the independent news website culture that. everybody has a cell phone trail there is millions and millions and millions of cell phone cameras that are just photographing all of this stuff it all ends up on you tube so i think that having a greater impact than it might have had asked when you know if if if an act of excessive force by a police officer was in captured by c.b.s. nobody would ever see it the movement has shifted to 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 the unemployment crisis the foreclosure crisis student debt these issues have been thrust into this venture into the center of our discourse by this occupy wall street movement and that is that's already having a significant impact. no more thing to add a call in the crossfire well there's an app for that a new application for android powered phones called i'm getting arrested tells lawyers friends and family if you're being handcuffed check out the details of our cheat dot com. artie's a feisty find as you are here in about ten minutes time and max and stacey are pulling no punches at europe's soul solvency solution but before that dmitri is here with the latest business. there in a warm welcome to business some burgers appears to have been made rushes reference

to join the world trade organization georgia the only country which still opposes grocers like session as agreed to new proposals from swiss mediators in the negotiations he's been in it also has a major. georgia was seen as the last hurdle blokhin russia from joining the w t o the main problem wall street monitoring all of the breakaway republics of south a sense and a positive which of course won their independence after a brief conflict and su thousand and eight and sentient it was hard between russia and georgia ever since then and the w t o has always been a major cause of conflict and the swiss mediators them to step in and offer plans which georgia has now accepted paving the way for russia to join the w russia has been trying for seventeen years to join the organization and it's still the largest economy outside the norm member and of course it's not willing to accept just any proposal to become a member it should be no it's

a bad russia could still join if the call and majority votes which would effectively deny georgia a veto well the decision is scheduled to be taken on december the fifteenth in geneva and if russia does become a member world bank experts say the russian economy could grow by eleven percent. and same less story russia says it will need some time to consider the new swiss proposals well to discuss this i'm joined by ben ara senator in chief at business new europe magazine ben good to see you so do you think a breakthrough has been made or not but your reading on this well it's taken a long time for them to get to this point and they desperately wanted to and russia is the last major economy in the world that's not a member of the validity of and in that sense this is i mean they've been fighting and fighting and pushing and pushing and not getting anywhere and now it looks like it's going to happen so you think russia will actually accept these these new terms which still include apparently a monitoring of trade between russia and georgia by international observers yeah

the russians so it's over it's a must go now moscow has to decide but i think they can accept the terms on the table without losing say much face and so you know they want to get in i mean joe just plain lucky completely and now they have conceded to the monitors at the end of the day these guys are going to customs officers papers it's not like a peacekeepers or something in there which there are a lot more sense to put that or i will say hypothetically russia does not actually accept these new terms the e.u. has been pressuring georgia already saying that it might go ahead make an exception and completely ignore georgia's veto on the right to accept a new member every country has a right to veto a new a new member do you think russia still will join the year that about your way you know the year as it's been yeah it looks like it's going to be a christmas present i mean as i understand it it doesn't have to be unanimous i mean the thing is all the votes for countries to join have to be unanimous and so

it would be another black and russia's p.r. image and there's a lot of animosity between moscow and simply see however as you say the in the u.s. supreme pressure in georgia it's a parallel in so much is that there's been a definite warming towards russian trade particularly some low strategic investment coming here the economies. strongly it's a big important thing. and as a result of that the is very interested in improving relations and particularly trade there were more trade and their companies coming here because for them it's for their profits on the other hand russia has been trying to use to join the boys here for eighteen years now since one thousand nine hundred three i mean it still has a very close ties with the e.u. and with other countries that are members of the w.c. or do you think it's that urgent actually for. the situation of trade is going very fast i mean bear in mind ten years ago trade global trade was about thirty percent thirty seven percent of g.d.p.

today it's already sixty and it will be eighty in the next twenty years and in terms of you know you're going from thirty trillion dollars to five hundred trillion dollars in the space of thirty years and sowing disclosure lies ation of the trade between countries is becoming increasingly important and russia certainly positioning itself to be the middleman between asia and europe which is where the fastest trade is going to be joining the ability to move the whole process is a mechanism to trade exists but now everybody's on the same playing field at the same rules so shipper faster cheaper russia will see a higher volume of trade if not with its own trade but trade kind of through the country i am the president every seems very interested in that horrible for quite a long while even before russia managed to agree with all countries except for georgia notably with the u.s. there was this debate whether it was actually good or bad for russia to join w two you know because russia had to make concessions in the banking sector and had to make concessions in terms of car parts and the car industry and providing certain

the conditions for auto producers do you think there's still many downsides for russia enjoying it i will yeah i mean it will increase pressure on domestic producers i mean it's not because of competition exactly and the you know the drop in the areas i mean a lot of russian industries not ready to compete head to head but you take. sector for example i mean invariant in passenger cars rusher is ready to compete but in other things like trucks and buses it's not however it's a phase transition there's about eight years where they can put certain duties on terrorism to protect themselves and gradually those are removed and the like with the most if they say it's enough time for companies to get ready and at the end of the day it's a good thing i mean this is really what we need is reform by osmosis increasing competition reducing trade barriers will you be for australia lower even if it costs them money and cost the local companies business in the short so i think

everybody accepts that including the current this is why they want to do it i think we definitely winces the consumer because they'll be more competition more important goods coming in prices going down here for all right painters thank you so much for your comments for your time ben iris the editor in chief at business new europe magazine joining us on state. the world's emerging economic powers say they will inject cash into the euro zone to stem the day crisis contagion china reportedly agreed to invest in the rescue fund russia is also involved according to presidential. he says the country could contribute to your rescue efforts through the i.m.f. meanwhile markets rebound globally after europe's wide ranging deal to fight the sovereign debt crisis so going to those figures oil is coming back on one of the biggest drops this month and speculation that the u.s. economy's actually coming right back up we've just seen those g.d.p. figures coming in at two and a half percent for the first quarter and therefore light sweet as up more than two

and a half dollars and brant is also eleven one hundred eleven dollars and a half per barrel u.s. markets so obviously all rallying from these g.d.p. figures and optimism coming from europe the dow jones up more than two percent nasdaq just a notch or two percent that's as consumers have been splashing out there for third quarter growth came in twice at the pace of the second quarter if we look at europe it's even more jubilant over there that would see up to half percent five percent notably the financial sector was gaining barclays up fifteen percent on the footsie in which a bank are thirteen percent in frankfurt and here's the closing picture in russia second day of growth the r.t.s. or four point one percent at the close my six a bit under that one point seven percent but that's because of the strengthening ruble if we look at the main or movers on the my sex among blue chips banks were also standout again as well not in the same pace as we see barclays or solicitation

are again in europe but still two point three percent is good the normal sneaker was up just point four percent losing mercilessly in from the early in the day as apparently as shareholder conflict with salaries as collating and in other sectors the retailer is up one point two percent after a quarter thirteen percent increase in net profit but that's under russian accounting standards. all right come on next on our see the headlines. her. wealthy british scientists now besides the title of.

market finance come to. find out what's really happening to the global economy with months cars are for a no holds barred look at the global financial headlines to come as a report on. the commission for the critic a should be free in store charges free. range minsk three risk free stuart chaifetz free. the old free blog just plug in video for your media projects for free media and on to our teeth on top.