arrangement free. three stooges free. food free books clothing videos for your media projects and free video down to hard time. breaking news to start this hour on r t the us a block's a statement on libya at the u.n. security council has been proposed by russia it was aimed at peacefully resolving the situation in can look at duffy's former stronghold of bani walid is under siege right now by pro-government forces. and other headlines this is madrid live seems here where thousands of protesting more looming cuts being debated by parliament as spain edges closer to the e.u. bailout we got the latest from there this hour. plus obama paints romney as a novice soused not ready to be america's commander in chief but he finds out right

victory elusive in the final presidential t.v. show. in this debate seen by many years critic calling this election governor romney and president obama were on the same page on pretty much everything all the back in just a few moments with more. hello nine pm here in moscow this is r.t. live with me kevin know him now to our top story the breaking news i'm talking about the u.s. has blocked in the last hour a proposed statement to the u.n. security council that was drafted by russia calling to resolve the conflict in libya's besieged city of bani walid peacefully lawless militias are mounting their offensive on the last stronghold of moammar gadhafi supporters there we've got the latest details from the new york correspondent important very shortly but first it's paula slater on events in libya as bani walid. police each of bonnie when it

has been on the go now for almost three weeks and almost by the day we are hearing and receiving reports of new atrocities being committed we are hearing on the photos and from the of witnesses reports of people being killed of the bodies being dismembered of children being murdered at the same time we know that there is constant shelling this constant attacks and also reports of the image and use of chemical weapons by these pro-government forces now according to eyewitnesses on the ground as well as doctors and the soon many of the people they are suffering from toxic gas poisoning and this does tie in the with unconfirmed reports that we have been receiving that gas fuld shells are being used on the local population now earlier r.t. spoke with a man in italy who has family in bunny why did he outlined for us the consequences and the circumstances in which they were surviving but we have not identified him

because he is afraid of the safety of his family i spoke with my family on the last few days and they are telling me that the situations that only on the last few days there were more scare because there were there weren't any player safety on the city right there so they went to the most care with the other families from the women's and the little kids and there were women. pregnant women have a baby there. she is there because the situation was that it. did not stop the war and today it was really really strong bombing from outside the normally with all the kind of heavy guns the government did not do anything to start the government was that the what happened in between ben wedeman start but after that a few days i'm going to have came out and he said that it's a war it's a good war against the wall and.

but from who i really don't know this is billions are fallen down every day but all the good all the con of weapons the little. aircraft machines a bullet on the head i don't know what happened about the few there is a people says the woman right there. it's such a such a mess from the other side from the road of people who are using the family as a human. right there for the criticism leveled against the former libyan leader moammar gadhafi the one thing that he did bring to the country was stability and many questions are being asked if indeed iteration today is better than it was a year ago you have in power and national transitional council that is largely quiet about all the atrocities that are going on inside the country we have heard from the human rights watch and exposé of atrocities and crimes that have been

committed in the city of misrata and in addition to this you have a nato armed militia that acts almost as if it is above the norm so certainly a lot of questions being asked and a lot of doubt being cast over whether or not the country is better off after independence it was a lot of criticism leveled against gaddafi and there is a lot of silence in the international news of the moment of what is happening in banning by live that is the question why these double standards why is so much made of one aspect and some leaders want so much is being kept quiet about another. latest violence comes a year after the brutal ousting of colonel gadhafi with the disarray in libya still ongoing or will come to the perelandra told me the outlook for the country is more grim than ever. the way it's changed is there's absolute chaos now and fear and be sure under gadhafi you knew who was the brutal dictator you knew how to stay

out of his sights now anybody apparently is fair game you have hundreds of militias all various sizes roaming the countries many of them heavily armed with hundreds of thousands maybe millions of weapons out there more weapons than people and it's also spilling over into other countries the new government seems to be standing there looking at what's happening around them really powerless which about are those armed militias that are really there or the army national army isn't really much at all and huge numbers of aren't very happy every weapon out there that's where the power is so they go about her story late again small live comment on from from new york next that we can without fighting an approach that's paid off in most polls but still president obama failed to deal is republican rival a decisive blow during their final pre-election face off the took romney to task over isn't experiencing global matters while stressing his own foreign policy

achievements but it's not he's going to teach you can reports next the way the kind of had such an interview america's role in the world stage is no different. this debate showed that the candidates agree on a lot of things on some issues they were almost in sync with one another even using the same words it seemed the occasional bickering that happened between them was more for the sake of the debate rather than about real differences in the policies that they propose on iran for example they couldn't agree more with each other they were absolutely on the same page with regards to crippling sanctions on iran with regards to backing israel they were saying exactly the same things but president obama did say something interesting he said he was against the premature military action against iran governor romney's a vase of response to the same question suggested that he doesn't want to go there either he said i don't want to get into hypotheticals so then on of get is that governor romney showed himself as an advocate of the president's policies there he

said that he thinks the surge was successful and that as the president of the united states he too would bring troops home in twenty fourteen something that president obama says he's going to do on syria though they both agree that the u.s. should get rid of offside and make sure that the next government in syria is friendly to the united states they both agreed although they did disagree on whether or not the u.s. should give heavy weapons to the rebels in syria that's what governor romney suggested whereas president obama at least seems to recognize the complexity of the situation on the ground take a listen for us to get more entanglement militarily in syria is serious stuff and we have to do so making absolutely certain that we know who we are helping the we're not putting arms in the hands of folks who eventually could turn them against us or our allies in the region to a more general point governor romney kept using the word opportunity when talking about the revolutions in the middle east and north africa when talking about syria

and it's very telling of the foreign policy that he's suggesting is very opportunistic with regards to syria he basically said that the u.s. should take advantage of the. crisis in syria to deliver a defeat to syria's an opportunity for us because syria plays an important role the middle east particular right now syria is iran's only ally in the arab world it's their route to the sea it's the route for them to arm hezbollah in lebanon which threatens of course our ally israel and so seeing syria remove assad is a very high priority for us the candidates did mention russia on a few occasions although there was no specific question about russia of course that hot mike moment came up the one between president obama to me that if this spring when the u.s. president suggested that he would be more flexible to discuss america's missile defense plans in europe after the election and for that remark the president has come under avalanche of criticism in washington criticism that came down to this

basically how dare you be flexible with the russians i want to talk to them about security issues and governor romney during this debate has made a similar point but i have a clear eyes on this i'm not going to wear rose colored glasses when it comes to russia or mr putin and i'm certainly not going to say to him i'll give you more flexibility at the election after election you'll get more backbone the missile defense shield in europe is a longstanding sore point in the relations between the two countries moscow suggested many times resolving the issue by building the shale together but to no avail the only response russia has been getting from this administration was don't worry it's not against you but then they listen to candidate romney who calls russia an enemy and virtually election every statement on russia that candidate romney has made so far has actually played then to the concerns that moscow has with regards to the schildt because russia then says ok president obama we believe hugo what if maybe not this year but four years from now is along with the mind set of governor romney is elected president how is he or she going to use those

military bases so close to the washroom borders because that chilled is not a four year project it's a long running thing and despite. this administration's more forthcoming official latitude they should still stands. right now but some more breaking news story we started this with the u.s. has block to propose statement to the u.n. security council was drafted by russia calling to resolve the conflict in libya's besieged city of bani walid peacefully let's get reaction from new york our correspondents miniport hi this is been agreed it was some confusion of the russian side doesn't it. it certainly has i can tell you that as one of many members of the press that were i was at the security council the u.n. just a few hours ago many of us were expecting that the security council would agree on this draft this russian drafted press statement that of course would express a clear voice on the situation in bani walid the russian draft indicated it

expressed grave concern about the escalation of violence in and around the city in particular the reports of growing civilian casualties including children. statement also have the security council call on the libyan authorities to take urgent steps to resolve the conflict by peaceful means and to preserve the right of all libyan libyan citizens and it also stressed the need to promote national reconciliation and inclusive political dialogue in libya this russian draft press statement was quite short and to the point according to russian ambassador vitaly churkin he says that the u.s. and western countries didn't back this draft statement saving the need of further consultations ambassador churkin said you know in the aftermath of last month's deadly attack on the u.s. consulate in benghazi that killed four americans he thought that that at least the u.s. would support this draft statement and blocking it. that it was just it was. a

very peculiar situations and he found it very strange. to ambassador churkin who believes the vivre of the u.s. delegation in this situation is it's hard to rationally explain from what we're told it was also some western countries that wanted to have further consultations and investigation before supporting this press statement it would just be a signal from the security council that indicated that the violence needs to stop and clearly that was not agreed upon during consultations earlier in the day but we do assume and can believe that this debate will continue at least behind closed doors at the u.n. . is what you know from new york's appreciated. spain's government funny yourself cornered from all sides ratings slashed the score for a. lot more as well after this quick break.

the legacy no one should be proud. of scrap metal littering pristine arctic landscape building stilton over their foundation pipes spewing black smoke over the snow covered peaks the traces of the soviet industrial activity on the spitzbergen archipelago don't make a pretty picture if the guiding principle here is the worse the better locals like to tell the story that back in soviet times when norwegians were visiting barons work they also expressed amazement. at how prosperous this stuff was well times have obviously a challenge when they saw it lags they still attracting the region tourists are barons work and without commerce much needed cash that's why when. our goal is common as was uncovered here

a few days ago instead of throwing it away the local administration decided to paint a venue and put it at variance work central square that can do nine hundred eighty s. there was a burgeoning mining community the soviet union was determined to maintain its own costs to a degree located halfway between north america and western europe bergen archipelago is part of norway but a special status that allows other countries to set up industrial bases here in the middle of the cold war it served as the use of western most outposts now it's one of the last preserved relics. picture of the soviet union if it was cut off from any financial support for two decades curious. it's interesting i think it could be even more appealing for russian travelers to keep its presence on spitsbergen russia still maintaining a coal mine here but in terms of profit is far behind local seventy or shops so

between married bill it is a big hit the defunct are incurred and still helps keep the money flowing guys it's the russians who in your words you can't put it. there on the ground your local administration is increasingly under pressure to bring the infrastructure up to more than standards these modernization efforts and not very popular with tourists if you come into a very authentic place like farms it should stay the way it is that would be my wish i mean that's the part of the a little you know authentic traditionally are. i should not i would not like to have it in a shiny condition to be honest they tend to change even for the better is not always good for business something that even a local band has become attuned to when they try to add morning russian songs to the repertoire the audience called all they wanted to hear it was

a song comfortably familiar. without international and the crowds are tired of a growing a stir gathering in madrid tonight as parliament debates more cuts to be written into next year's budget after ratings moody's slashed the score for spain's regions with mounting speculation that the country's close to asking for an e.u. lifeline ridiculous because in the. high these gatherings are getting more and more frequent in madrid i was just like this one. well we do have several hundred people out on the streets of madrid right now actually that some of the people that i've spoken to earlier today have said that there actually are

going to have about eighty five actions of protests this week alone he says any other week you are looking at hundreds of people are getting increasingly frustrated with the fact that is there any measures seem to cut those who suffer the most and that is the people that are at the lower half of the demographic financially speaking of course they say that the rich always find a way to get away but it's the other people that suffer if they're worried about the fact that all of their all of their socialist social. aids are being cut such as health care education support for the elderly all of these fears are being cut severely people are saying that this is this is unacceptable spain has one of the highest unemployment inspected as in fact spain has the highest rate of unemployment for the youth it's all it's over fifty percent at this point so they find that the only way really the only thing they could do at this point is to get out on a street as much as possible as often as possible to come to the congress of the

representatives to the parliament and shout what they believe is true and that is that these people do not represent them they do not understand their grievances or worries and they are doing nothing in order to help them just. moody's says give another blow to spain's crossroads isn't it even the wealthiest. going down. it will in fact to be said again will be said that the central bank has said that the unemployment is rising whereas the economy is shrinking and of course it looks like catalonia may we may be asking for a bailout sometime very soon and that that is happening of course the brain is looking at an even gloomier future of course that has been in the dire straits for the past several years and despite all the efforts that the government is saying they're doing none of the a series of measures seem to. helping in the situation really seems to be getting worse there is more unemployed and homeless people on the streets just by just judging by what i've seen here coming over the past year or so. thank you. turkey promotes itself as

a regional leader in freedom but if i did see imprisoned more journalists in china or around now an american media watchdog exposed to he is the world's leading jailer of reporters who put aside the government we're covering their stories we'll read up more about it online and also what it might be interested in this exactly ten years on from the moscow theater siege the north or steve left hundred thirty dead calm got firsthand accounts from survivors and hears from victims victims' relatives it's on our website and. snoozes becoming in the last hour or two europe is edging closer to a diplomatic row with russia it appears after brussels is now agreed to consider adopting the so-called magnitsky list for the e.u. if so it would impose travel restrictions and freeze the assets of russian officials who are allegedly linked to the death in prison of lawyers sort of magnitsky he died in prison in two thousand and nine he was under investigation for

tax evasion at the time moves to blacklist russian officials linked with the case were adopted in the united states last year russia's responded with its own entry ban on a group of american officials suspected of human rights violations we'll keep you posted if that story develops. why is this going to cost business now this tuesday evening a tasha's there natasha ryan has threatened to stop oil exporter of pressure from the west gets any tougher year absolutely this is a little latest in a series of threats from iran but it doesn't seem to work or oil is actually lower this hour traders focus on bigger problems like the global economy and its impact on the global demand rather than on the wrong when it comes to aqua wall street is having a pretty rough day today let's see those numbers here they are worst. expected earnings what can you say do you want reported a ninety eight percent drop in profits here in russia the markets ended the day with pretty heavy losses as you can see two and three quarters of

a percent for the r.t.s. and one of the biggest losers was t.m.t. b.p. down more than seventeen percent after cheerful has learned that they won't be getting any dividends once their company is merged with rosneft the ruble closed over to the currency basket this tuesday and the euro this hour is weaker to the u.s. dollars you can see there and the euro equities there dropped to a one week low on tuesday same old problems in the euro zone and disappointing corporate results. and that's all the latest from the business desk up next is it maybe me because reporter you all are i mean that's right and we'll see you later on in our affiliate dory for you later. not because a report is a washington studios to make the latest installment of a couple of very soon with us.

wealthy british scientists are some. of the. markets why not. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars

a report on our. morning news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. china corporations rule today. he won't come to the. target so we are cowards this month to moon is the center of our universe the tides of forever while the sun's rays can be fickle innovative construction methods last cost as well as environmental damage one brand new turbines boost efficiency with a simplified design and hundreds of batteries leaks can store energy discover a new era of clean power driven by the moon technology i'm getting here on g.'s

we've done the future of. work. a.

very late. good afternoon welcome to capital account i'm more and lester here in washington d.c. for your headline for monday october. second two thousand and twelve the final mitt romney baracoa obama debate is tonight focused on foreign policy but we will talk to our guest about his foreign policy strategy the strategy of the international man of casey research is here and caterpillar considered an industrial economic bellwether cut its forecast for two thousand and twelve a second time this year it's the world's largest maker of construction and mining equipment warning the global economy has is slowing down faster than it had

expected meanwhile japan's exports fell the most since the aftermath of the earthquake last year bloomberg reports so who will be hit hardest by this slowdown and how will it be felt will discuss plus let's rewind. what you could have heard there was then a i.g. c.e.o. edward liddy saying that a i.g. made her arithmetic mistakes before was bailed out by taxpayers despite those mistakes that cost the entire financial system well now c.e.o. robert ben moshe seems to think a id's record is still glowing he deserves a thank you for his cronies it's a bed in the treasury we'll talk about why let's get to today's capital account.

well as a couple of data points in my headlines evidence economic outlook are gloomy and with an upcoming u.s. election that doesn't offer much of a choice between mr pepsi and mr coke you may feel the political outlook is gloomy too and maybe you even feel like a political prisoner. thank you. but . one of the markets. so for those who feel like a political prisoner in your own country are those americans becoming a political refugees leaving the country for more freedom and opportunity economic and otherwise elsewhere last year just to give you some numbers a record number of people did renounce their u.s.

citizenship or permanent residence close to one thousand nine hundred the most since the i.r.s. began publishing its list in one thousand nine hundred eight that's according to reuters and joining me now to talk about all of this is doug casey chairman of casey research and so when they were so lucky and happy and grateful to have in studio thank you for being here feelings thanks oh that's really an honor and you're definitely being too kind but i'm just let's start with that tony montana soft sound bite that we played in the intro so do you think that was of course the crude cuban refugee character from scarface do you think americans have more in common with him now than they did thirty years ago. is that there's a lot less freedom in this country than there was thirty years ago and there's a lot less freedom in this country thirty years ago and it was sixty years ago every day here we are in washington d.c. every day these government agencies are passing new laws new regulations. so you have all these.