leaving at least eleven dead this comes just a day after palestine gained its first a seat at a u.n. agency in what's the scene of a show of support for its bid for statehood. now max kaiser explains why he thinks market speculators should bear the brunt of the blame for the world's financial turmoil reporters next right here on are today. imax tiger this is the kaiser report the war of savers versus speculators. stacey her parents and you know continues to win max kaiser the speculator that's right i because they get all the free money. and they tear our heart our financial system. hard showrooms as they're doing in shanghai if they don't get their way so you can either politely protest around the world or you can scream and shout and get your way first headline here max bank stocks a blade you know we have a trillion something european wide bailout and the bankers were happy their shares soared yes the speculators they're ransom requirements were met you know this was all established in two thousand and eight remember when hank paulson put a gun to congress the senate got almost a trillio

is withdrawing its pledge after the u.n. agency accepted a palestinian bid for full member. the u.s. and israel argued that the move would harm peace talks. i'm monita rajpal. "world business today" starts right now. -- captions by vitac -- www.vitac.com >>> good morning from cnn lan. i'm charles hodson. tuesday, the first of november. >>> the greek bailout is now in the hands of the greek people at great risk to the euro-zone debt. >>> mf global is forced to declare bankruptcy protection. >>> weakness in europe and the united states spreads to china, slowing down the factories pow iring the world's second largest economy. >>> well, a new trading day has just begun in europe. we're expecting and getting losses, but we'll have prices in a moment as soon as they're reasonable. they've slipped for the second day in in a row following the u.s. market slide on monday's trading. japan and australia failed to bring any support. our business analyst has more. hi, remy. >> hi, charles. firsts let's turn to china. official data released yesterday shows china's pmi came in at 50.4 for

it's as to cut off funding for any u.n. agency that takes on the palestinians as a full member, and even if the obama administration tried to find a way around it, do not forget we're heading into an election year, nd the jewish population is watching this closely. the jewish vote is decisive. there is not much maneuvering space for the obama administration. is this the end of the story is so far? it seems so. >> is this going to influence thinking as the vote for fall and it -- full u.n. membership draws closer? >> you have to keep in mind that if there were a vote on palestinian statehood in the general assembly, there would be -- the security council is a different story. it does appear there is a majority for their bid at the moment, and even if there were, the u.s. are going to veto it down. unesco is not going to change that. others say that this bid in paris was not helpful because it wi make it h harde for israel and the palestinians to find common ground. >> thanks from washington, max. >> there has been a surprise visit

u.n. agencies turned into a crisis summit as the world notes the cost of. how . many cases have come to be my traditional. hunger pains me. to come from the central plateau out and trying. to live. these. dolls are losing jobs resting lives spots rising food prices. because all the rest of it took my son beats him severely breaking both his legs my son called walk or speak now my son is dying. global warming and biofuels have been accused of causing the food shortages that led to a dramatic increase in prices. unpredictable droughts have destroyed rice and wheat crops while a big part of the u.s. corn harvest is turned into fuel for cars and not for people. a classic fieri of supply and demand offers a limited explanation as to why over the course of two years the prices of rice have gone up by two hundred seventeen percent of wheat by one hundred thirty six percent of corn by a hundred twenty five percent and of soya by one hundred seven percent there's sort of theoretical ways ascribe you to say it's greed and there's graduates describing to say this capitalism

u.n. specialized agency. no i can we talk about this unesco decision it clearly came at a high price with washington cutting off funding doesn't you know scope care about those financial consequences but you're talking about too and that will in our gerri as well as the. the secretariat they've been terrified about the prospect of a washington funding cut off supposedly mandated by one nine hundred ninety four vision of law the member states however frankly are tired of being pushed around by washington on an issue in which washington's control of a peace process twenty years later is still not resulted in peace agreements it's been promised and held on the horizon and this is seen by a large number of states although not all of the europeans or even most of them as a needed to trying to get the palestinians what in their view is their fair just recognition on the world stage if we see is there you went through you are going to ask you about the other un agencies m. and if want to apply for example to the. we

u.n. agencies turned into a crisis summit as the world cup's the cost of not. letting . many places have come to me my traditional candidate for hunger pains me. and the countries of central plateau and vegetables trying to become stars obsessed in. july. i. i. was on the scene children arrested riots about spicy food prices. but it was on rest for they took one song and beats him severely breaking both his legs my son called morkel speak now my son is dying. global warming and biofuels have been accused of causing the food shortages that led to a dramatic increase in prices. unpredictable droughts have destroyed rice and wheat crops while a big part of the u.s. corn harvest is turned into fuel for cars and not for people. the classic theory of supply and demand offers a limited explanation as to why over the course of two years the prices of rice have gone up by two hundred seventeen percent of wheat by one hundred thirty six percent of corn by one hundred twenty five percent and of soya by one hundred seven percent there's sort of theoretical ways ascribing to saying i

u.n. agencies to the summit of the world cup's the cost of. how. many cases have come to the light i mean traditionally the tsunami from hunger. could keep me in their tracks because he's essential facts hoax and vegetables trying. to. i. think it's like. fifty. thousand others injured and arrested lots bought five rising prices. it was on rest they took my son beats him severely breaking both his legs my son called morkel speaking i saw his dog. thanks. to make. global warming and biofuels have been accused of causing the food shortages that led to a dramatic increase and prices. unpredictable droughts have destroyed rice and wheat crops while a big part of the u.s. corn harvest is turned into fuel for cars and out for people. the classic theory of supply and demand offers a limited explanation as to why over the course of two years the prices of rice have gone up by two hundred seventeen percent of weeks by one hundred thirty six percent of corn by one hundred twenty five percent and of soya by one hundred seven percent there is sort of theoretic

u.n. agencies turned to look crises summit as the world counts the cost of. blood. found. many cases have come to be my money traditionally the tsunami for hunger. could keep me in their tracks and they can see the central plateau not destroying the country. he lied i. like that. he. killed dozens others injured and arrested lots bought spicy food prices. things on the rest they took my son beats him severely breaking both his legs my son called war call speak on my son his dog. global warming and biofuels have been accused of causing the food shortages that led to a dramatic increase in the crisis. unpredictable droughts have destroyed rice and wheat crops while a big part of the u.s. corn harvest is turned into fuel for cars and not for people. the classic theory of supply and demand offers a limited explanation as to why over the course of two years the prices of rice have gone up by two hundred seventeen percent of wheat by one hundred thirty six percent of corn by a hundred and twenty five percent and of soya by one hundred seven percent there's sort of theoretical wa

least eleven palestinians dead this comes just a day after palestine gained its first seat at a u.n. agency in what is seen as a short of support for its bid for statehood. next another of our special reports this time we take you inside the world of eco warriors stay with us for that next here on r.t. . yes . that's the new year that's where exactly he is right now about great. champions. league. were given a warning to the oriental bluebird that they were violating the party will sanctuary urge you to comply with warning so we delivered a serious blow to the order to be. to walk down the street see a child being abused and do nothing you don't stand there and watch whales die and hold a banner and do nothing. our oceans are dying we've already removed ninety percent of the fish from the oceans and we're continuing to exploit them i don't believe in protest to me protesting is submissive it's like please please please don't do that and they do it anyway you know it's a grovelling you know we shouldn't be protesting we should be intervening. is a battle is a war what governments and big bus

u.n. agencies turned into a crisis summit as the world notes the cost of. many cases has come to me like any traditional asian country from hunger pains me. because he's central plateau and vegetables trying to become. a lot of. things like that. killed dozens others injured and arrested lots lots of rising food prices. the song rest for they took one song beats him severely breaking both his legs my son cold war cool speak now my son is dying thank. you. thank you. thank you. thank you. global warming and biofuels have been accused of causing the food shortages that led to a dramatic increase in prices. unpredictable droughts have destroyed rice and wheat crops while a big part of the u.s. corn harvest is turned into fuel for cars and not for people. a classic theory of supply and demand offers a limited explanation as to why over the course of two years the prices of rice have gone up by two hundred seventeen percent of week by one hundred thirty six percent of corn by one hundred twenty five percent and of soya by one hundred seven percent there's sort o

the u.n. agency has obtained information that tehran may be developing nuclear weapons and carrying out experiments with nuclear explosives. europe is opposed to such a program. >> if the situation continues to escalate and the report confirms that iran is once again working on nuclear weapons, there is no doubt that we here in europe will prepare fresh sanctions. >> we are very worried about iran arm itself with nuclear weapons, and there are some indications that is the case, but everything has to be done to prevent military action. >> israel is considering options for countering iran. israel has used air strikes twice in the past to destroy nuclear facilities in iraq and syria. a strike this time could provoke a wider regional war. >> could the world see its first tobin tax on transactions? >> this has a lot of strong supporters. but unless everybody introduces it, nobody will. as governments continue to search for revenue to battle crises, european finance ministers have fallen out over a proposa

leaving at least eleven palestinians dead just a day after palestine gained its first seat at a u.n. agency in what is seen as a show of support for its bid for statehood. up next on our teaser interview show spotlight we talked to the director general of the russian housing development foundation now going off asks alexander braverman if government targets to double residential development are achievable plans or a pre-election ploy to butter up the population. bringing you the latest in science. covered. hello again or welcome to. our team. today my guest in the studio is. russia's biggest cities are going through a construction thousands of brand new buildings right over here and the real estate market keeps growing even so it is not enough and the russian government wants to double the development in the next five years is it possible that the state will be just a pretty. what's the big picture for russian real estate we're putting these points to the director general of the russian housing development foundation alexander government. official say about thirty million square meters of r

for the u.n. agency comes at a price washington says they'll stop funding the organization i'm going to be back with more from washington in just a few moments. from abroad and western powers to keep out. the directors' box to the witness box chelsea football club owner of. course as his former friend. for allegedly muscling him out of a multibillion dollar russian oil company.

eleven palestinians dead this comes just a day after palestine gained its first state seat at a u.n. agency and what's seen as a show of support for its bid for statehood. now.

u.n. cultural agency granted the palestinians full membership by a majority vote by the move is seen by many as a sign of growing international support palestine's pending u.n. state. and the real how in trade here the mainstream media resurrects a russian spy ring case code named ghost stories the f.b.i. releases footage featuring sleeper agents on covered in the u.s. last year including of course the famous femen fertile and a chinaman. a brief pause in the hard news to get your world of sports and what i understand some petersburg gearing up to step into uncharted territory and exactly right we're a tell you what if they win tonight in the champions league again shocked they will be top of their group never happened before it will be a good night to be as the need to find more on that coming up in just a sec. thanks for joining us this is sports and there are plenty ahead over the next ten minutes or so including these stories including. continental quests the meats and petersburg take on shocked or at home tonight knowing victory will propel them top of champions league group g. . capita

but the u.n. agency, the iaea, reports new evidence that iran is on the verge of a major nuclear breakthrough. the know-how to build a nuclear bomb. what is the proof? experts say satellite images show iran has built an enormous steel structure that could be used to test explosives used to trigger a weapon. a warhead small enough to fit on a missile that could hit israel or europe. despite denials, experts say iran had help from a former soviet scientist with decades of weapons experience. >> the evidence looks pretty clear that he, that iranians benefitted tremendously from his expertise and used it to build a smaller nuclear weapons design. i think some will conclude from this, that it is a smoking gun. >> for years israel and possibly the u.s. have waged a cyberwar against iran's nuclear program. they've slowed its centrifuges with a stuxnet computer virus and two iranian nuclear scientists were mysteriously assassinated on their way to work. but experts say iran has overcome those hurdles and is back

u.n. cultural agency krog the palestinians full membership by a majority vote but the move is seen by many as a sign of growing international support for palestine spending un statehood. and a real halloween treat for the mainstream media resurrect a russian spy ring case code named ghost stories as the f.b.i. releases for future featuring sleeper agents uncovered in the u.s. last year of course including the famous femme fatale. ok now with syria at the epicenter of the arab spring we talked to author and historian ed william on what or who he thinks could be behind the uprisings in the middle east and north africa that discussion is coming your way. today we're talking to a foreign angle the author of several books among them are gods of my wall street and the death of our fanatic and century and he is also a political risk consultant so we're going to discuss several more several of the most burning our political and economic issues in the world today mr engel thank you very much for joining us so to be here to start off basically a never never before has the world faced so many economi

u.n. cultural agency grads power. dns membership by a full membership by majority vote the move seen by many as a sign of growing international support for a bid for a palestinian state without. a russian spy ring case nickname goes through he's gets a well timed resurrection as the f.b.i. releasing footage during sleeper agents was uncovered in the u.s. last year including famous that's how. the latest now from the world of sports with you know neil and senate st petersburg preparing to venture into un charter territory yeah yeah yeah it is intriguing isn't it to tell you what if they win today again shocked they are top of their champions league group for the first ever time but is history in the making we're going to more a non-story in just a second. great to have you with us early here this morning in central moscow plenty ahead in sports including. continental quest and it's in petersburg chicken shack dark home tonight knowing victory will propel them to talk of champions league group g. . capital gain system a

u.n. cultural agency grants palestinians full membership by a majority vote the move seen by many as a side of growing international support for palestine spending un statehood. hollowing sharif mainstream media resurrecting a russian spy ring case code named those stories as the f.b.i. releasing footage featuring sleeper agents uncovered in the u.s. last year including from vitale i don't know. who syria now at the epicenter of the arab spring we speak with author and historian f. william engdahl on what or who he thinks is behind uprisings in the middle east and north africa. today we're talking to a forum and all the author of several books among them are gods of mine the wall street and the dearth of american century and he is also a political risk consultant so we're going to discuss several more several of the most burning our political and economic issues in the world today mr engel thank you very much for joining us to be here to start off basically a never never before has the world faced so many and economic and political problems all at the same time would you say that these conf

u.n. agencies within weeks this follows a triumph you know where they were granted full membership but the move has cost the un's cultural arm the lion's share of its budget which came from washington that is going to have to count explains. there certainly was a lot of jubilation in paris cheers went up in the assembly hall where the final tally was announced but the votes crowns at a price welcoming palestine to the united nations educational scientific and cultural organisation means saying goodbye to as much as twenty two percent of the organization's budget washington is being the agency's biggest contributor so far and the state department has confirmed that they will stop sponsoring the organization on what grounds a u.s. law passed the nineteen ninety obliges washington to cut off funding to unesco if it is amidst palestine but nonetheless this u.n. body facing huge budget cuts voted one hundred seven for and fourteen nations against the admission of palestine a very sensitive and jubilant moment for the palestinians and it's sour point for the israelis and for the united states it

u.n. agencies within weeks following a trial but you know where they were granted full membership but recognition comes at a price with the u.n. cultural are losing nearly a quarter of its funding to give us that support the response goes criticize washington's decision saying it won't help restore a climate necessary for the resumption of peace negotiations in the middle east the vote was called a month the palestine applied to the security council for full recognition washington watcher carmen russell's the chance king says the nation's chances for statehood bleak but it may have success in other un bodies. this is the first step i think in a series of steps towards u.n. membership you know the next is going to be more education and cultural organizations and then pretty soon i will you know the you could see membership in the world health organization which they will decide they can decide to accept palestine as a member just by a simple majority vote as you know still could of so you know that but however as far as getting statehood you know you want obviously you want the u.s. obviously has

least eleven palestinians dead this comes just a day after palestine deemed its first seat at a u.n. agency in what is seen as a show of support for its bid for statehood. and we're off to washington next for more of the.

u.n. agencies to which he has been the most committed american president since jimmy carter but obama is being pressured by the israeli jewish lobby then to washington in washington i mean is he just stuck between a rock and a hard place. well let's put it this way the u.s. congress is even more fervently pro israel than the rest of the world community and all you want but it's is pro. and that creates the reader for a huge train wreck inside washington and president obama is a politician we know where the quotes are you know where the votes are in the united states going into what's going to be a tough presidential election he is more it gets true the defense of the israeli interests as defined by the chair is the current israeli government he would be able to show for more progress with a different governing coalition in jerusalem but he stuck with the quote partner that he has just pointed me in briefly do you think there's any real chance that joining unesco will actually boost palestine's chance of its bid for statehood just briefly. well no what it does do is allow the palestinians here

least eleven dollars to news day this comes just a day after palestine gained its first seed of a u.n. agency into what is seen as a show of support for its different state. they'll be another update from my colleague at the top of the hour but first it is back to washington for part two of the alyona show. time for showing us how long tonight's program last time we told you about the violence of the oakland protests last week including police firing off and tear gas canister which left an iraq veteran critically wounded after people expressed their outrage at this man situation and thousands came out on the streets the police at the start as a turning point for the occupy movement got a producer patrice and sandy to find out what you had to say last week in iraq war veteran protesting at occupy oakland was critically injured by a tear gas canister and the blame seems to be on the police the mayor of oakland has publicly apologize the chief of police has also apologized and even gone to visit the injured man in the hospital with this strike play in oakland tomorrow the city is allowing employ

u.n. atomic agency these concerns could be nearing a diplomatic turning point report issued last week has been loaded with some believed to be a trove of intelligence showing that up until two thousand and three to iran was pursuing weapons related activities including research on nuclear warheads it is the first report of its kind that's claimed saw for exposing support for allegations that have so far remained uncorroborated. for us there is no reason not to believe what i post so you can say especially because it affected me. confirms the. concerns that were already existing and were already recognized by you when. the us joined by france and britain are now considering a range of options in addition to the four rounds of sanctions already in place against iran options that israel has warned could include a military strike meanwhile iranian president mahmoud ahmadinejad's has been defined promising not to yield to the pressure and calling the findings fraudulent . the american so fabricated if you keepers and given them to the chief and he speaks here and there about these papers why d

and france on the recent vote for including palestinians in membership of a u.n. agency. right now u.s. policy is that they shouldn't seek membership in u.n. agency to move toward statehood. the u.s. is saying they need to sit down for direct negotiations with israelis, a process that is sometime manied at this point. >> brianna keilar, thank you. >>> a community and program in turmoil over sexual abuse charges. how penn state alum are reacting to the charges. lav var arrington will join us live next. >>> former heavyweight boxing champion fell to liver cancer yesterday at the age of 67. in a way that is almost impossible to imagine today, frazier and mow ham head ali had the world transfixed in the trilogy of fights with included the epic thrilla in manila. 32 wins, four losses and one draw. ali said in a statement that the world has lost a great champion. we agree. smokin' joe, you are today's rock star and you will be missed. for more on the legend of frazier, brooke baldwin will speak to mike tyson in the 3:00 p.m. eastern hour. ♪ ain't nothing like the real thing bab

u.n. nuclear agency reported iran has conducted experiments to develop nuclear arms. the iranians insist their nuclear program is for peaceful purposes. concentrations of greenhouse gases in the earth's atmosphere hit record levels in 2010. the u.n. weather agency reported the finding today, and it said the buildup of carbon dioxide, in particular, seems to be accelerating. overall, there's nearly 40% more carbon dioxide in the atmosphere now than at any time since the industrial era began in 1750. a separate u.n. report today found the world aids epidemic is leveling off. it said the number of new h.i.v. infections has stabilized at around 2.7 million a year. that is unchanged since 2007. in berlin today, the director of the u.n.'s aids agency pointed to improved access to drugs. >> this year is a game-changing year. it's the first time that the census is telling us that if we put people on treatment early, we can reduce infection by 96%. so we are dropping the rate between prevention and treatment. >> sreenivasan: new infections have actually dropped in southern afri

take the lead here because the u.n. agency has more credibility on this.gence gathered by the united nations, on the verge of breaking out in key ways. >> the obama administration has long believed iran has a secret nuclear weapon. so this is not surprising to people who follow this. what is surprising is how close they seem to be. the israelis have argued to the americans the iranians are closer that people believe. the iaea report from what we hear is going to buttress that argument and basically signal to the west that if you want to stop them somehow, you don't have much time to stop them anymore. >> the israelis have been saying this for quite some time. the u.s. had a number of intelligence reports suggesting the israelis were just too alarm bit of it, frankly, and that iran had, in fact, at one point stopped trying to develop weapons. now it seemed as though that reporting may have been incorrect and iran had the help from a former russian scientist as well. perhaps unwitting. perhaps. >> that's in the category of, i don't know if you call it shock