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tv   [untitled]    October 3, 2011 7:00am-7:30am EDT

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backs against the wall street a brutal crackdown on supporters for social and financial justice sparks accusations that u.s. democracy is just an illusion. while markets are in a panic driven freefall a severe austerity fails to save the greek economy with athens admitting it won't be able to meet critical. deficit deadlines. russia's orbit ambitions grow as another satellite for its global tracking system glow nasa launches into space to rival u.s. produced g.p.s. systems. and e.u. officials have searched the offices of a number of companies across the continent including subsidiaries of russia. find
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out more business interests in minutes. worldwide news live from the heart of moscow this is r.t. with we will receive shy away from the public discontent in the u.s. shows no sign of abating following saturday's protest where hundreds of peaceful demonstrators were arrested accusations of heavy handed policing defiant and he wall street activists refused to back down saying more marches against corporate greed and social equality inequality rather are all in the pipeline. with some of those involved. the new season in a different nation the arab spring has become america's autumn and on saturday new york's brooklyn bridge reminded many of
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a scene from egypt to here square. nearly eight hundred protesters were trapped cuffed arrested and jailed as thousands of activists continued their second week of occupy wall street demonstrations a grassroots movement is campaigning against social inequality and corporate influence over u.s. politics in the interim police conduct against peaceful protesters has come into question. just last week a new york city police officer attacked occupy wall street protesters with pepper spray prompting public outrage and an internal affairs investigation many believe there will be another dramatic confrontation this weekend after what happened last weekend after four women were pepper sprayed while they were corralled by the police after the n.y.p.d.
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used heavy handed tactics punching some protesters i think many people didn't expect that there would be something like that again this weekend though i have heard no reports of pepper spray being used there were thousands of people stopped and hundreds arrested arrested activists were charged with disorderly conduct and summons to appear in criminal court. by sunday hundreds appeared back on wall street determined to continue their fight against corporate domination once you are not afraid to be arrested any more the whole enjoy or. the state disappears when that happens there are credible possibilities that are open to us and suddenly you can imagine a different world and you believe you can be an agent of change the group says it aims to raise national awareness and and change. because economic disparity occupy wall street describes itself as a resistance movement inspired in part by its encounter protests we can. believe
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our brothers and sisters all over the world arab spring in greece and spain and we can see that it did send a powerful message ordinary people are not going to stand for corporate greed anymore and that we're getting up and we're doing something about it. and the reason these activists are doing something on law street rather than washington is because they say you have to follow the money they get in where the largest campaign contributions donations and lobby groups come from. we were told it was for. four more you know maybe four years old billy. bush. before that is going to see i mean corporate greed goes all the way to the president i think this is where they are going to be impulsive it starts out wall street it is true that these demonstrators come here with. different messages but what is uniting what unifies them is a growing frustration over the u.s. economy social inequality and corporate influence on u.s.
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politics these protesters say if american leaders can't act it will be the american citizens that stand up for their rights reporting from wall street or in a fortnight party. both the crackdown on wall street and the way existing financial institutions are sure that u.s. democracy is just an empty phrase was according to u.k. based a press could have just turning. i think we're dealing with people who are absolutely in denial they're not interested in what he ordinary people want and i think this tells us the scales are falling from our eyes this shows us that america is not a democracy they're not listening to what people have got to say and these are ordinary people coming up with their solutions because those people charged with running our financial system have not just made a mess of things they have actually orchestrated that system in their own interest it's absolutely inexcusable for the police to be wading in in a democracy note in a democracy the police do not wading into peaceful demonstrators as they have been
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in new york so i think this is another indication that america's democracy is actually failing us that moment is failing the world and it's absolutely not on for them to be going around the world so-called spreading democracy when they haven't even got democracy in their own country you know in their own government institutions they need to be listening to what these people have got to say in the course they're not listening meantime james called an editor of an independent news website says that the main question now is whether the largely supported and the wall street movement is actually going to turn into a strong political force. as we see now of course these protests are not just taking place on wall street but are now starting to spread across the country which is a sign that there really is something going on here that will start to spread even further i see that there could be that possibility of escalation and i would say that the. probably the p.r. win is on the protesters side because no one likes to see the police going in and
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breaking up a peaceful protest movements like that and especially now that we're getting reports that the protesters were actually lured onto the bridge and then trapped so it's very interesting to watch how this will play out and i think at this point as i say the protesters there probably are willing to play your game but again i think there is a there is a much larger political movement at stake here and it really does remain to be seen whether there can be some sort of coordinated action on on the on the from the federal reserve in the in a privately owned baking sort of central banking system of the united states. a showcase of public anger is bubbling in the u.k. . the joy of the people who post what i usually go because they're taking tens of thousands of people descend on manchester to take part in a march against government cuts also a little bit later in the program here our c. identity crisis parents and teachers all across france are enraged by new school books that revise historical accounts in the name of political correctness. this is our duty now the greek debt crisis
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has taken a sharp turn for the worse as world markets react to athens admission that it won't be able to meet key e.u. mandated deficit deadlines this year and next the revelation signals that shocking a degree of austerity imposed by athens are as people has failed in the economy into an unmanageable contraction it's actually worrying given that e.u. dechen specters in greece are currently deciding on whether to release more bailout funds for the country but its government says that unless it gets the money it won't be able to pay its bills for the. this month to surf earth looks at just where this now puts the embattled nation. greece now to fold that's the million dollar question exact four hundred fifty billion a year a question. that greece now. but that could never be allowed to be soon as you think about greece ever being for granted fifty billion euros of
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government there you need to be if you would or or i don't know what. the greek government is running out of options they can keep trying to impose the state they'll start the measures that would likely lead to more of a violent pacifist scene between riot police and protesters in the last week the month or they can instead choose to default the year easing leaders have insisted that the fall is not an option they're concerned that work least a decent it could spark a financial meltdown in the usa but there's now a growing recognition that behind closed doors other options are being considered a good called it's different the cards has been on the cards are for you and a half a crowd because when you have a bit of the exorbitant size that we have here in greece it is impossible to imagine that the steering. and means by which if you say so before was always going
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to happen as it is for speculation rumbles on it's become clear that there are fundamental flaws in the euro zone's of gratian i think europe citizens have the right to know what the causes are at the moment they are being reflected from very real causes and they are being asked to blame little greece little greece however idiotic it may have proved in the past he's and never was incapable of spearheading a global financial crisis see just who is to blame what we are experiencing in greece will be. if using new crime for war using international. financial crimes the past eighteen months the greek government has cut wages raise taxes g.'s pensions and in return received billions of year in bailout funds now as they await the next
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eight billion cash injection many are left wondering if it's all been worth it. when we first. saw. one. so just two years. before the people. of the economy not. protest and strike action now an almost daily occurrence greek government faces a huge crisis of confidence amongst the electorate financially in the red politically in the dark he says population leasing their patience if greece does default the future of the eurozone looks extremely uncertain indeed many people
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here feel but not to the say is true as they country sinking deeper in financial and economic ruin. athens. coming up just a little bit later the very people of alaska has crossed all guests whether social prosperity in a strong economy are still pillars of western democracy here's a preview. we have governments that. hinder creation they hinder innovation going to sleep but steve it's not clear to me it's fair to say that snape is seriously. just going to do anything and take you know if you're going to everyone on the panel is that you know we have a less troops that voted for these kinds of programs for decades ok so don't say governments i mean if we're talking about people voting for politicians that say give me more and more and more and make other people pay for it later or maybe we can surprise some commonality that i agree with that original thing i mean to
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really answer me was reassuring rock here risk go ahead i want richard in new york to go ahead let me just respond to one thing this notion that governments act as if they are the origin of what they do governments are elected and under enormous pressure from their constituencies and to explain what governments do without and that allies in who's pushing them to do what is a very strange logic. you can watch crosstalk about twenty minutes time right here when i see now russia has a launch another satellite into orbit as part of its global navigation project known as colonus there's no means the system is fully operational can provide total global coverage it's better all about tells us more about the new arrival to the us
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produced a g.p.s. system. well this is the twenty fourth subtle eye that's been launched as part of the glue in us system twenty four the number the minimum number the globe us needs to be able to provide full global coverage now we will see four more cloner satellites launched throughout the rest of the next year and not the required amount which they set out to provide the best service to customers they'll be looking to use this now it's been a long old road for glowing us from its first development back in the eighty's as a as a development project by the u.s.s.r. it was then taken over by russia and they've been trying to get it up to speed to make it a valid rival to the g.p.s. system get used to me in one thousand states now it has been a rocky road as well just there last december three corner satellites plummeted out of the sky into the pacific ocean now the twenty four satellites are in orbit the
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specialists say that glowed ass can provide precise coverage up to six meters on the ground though take this for example with the g.p.s. technology so they can place you accurately within seven meters the target for gload us now is to convince consumers and convince manufacturers of products that need global positioning technologies that glowed us is the one for them and that they should move away from g.p.s. . well if you're still curious so we've got tons of material covering just about every aspect of the human race to the final frontier both on our website and of course at you tube dot com slash seat more than the space launches of the last few years to the final missions of the now retired american space shuttle fleet plus all the failed attempts all along the way all that and much much more.
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now is sixteen minutes past the hour here in moscow thousands of a march through the northern english city of manchester and another protest at austerity cuts to public services our pensions. position to the governing coalition and organized by trade unions coincided with the ruling conservative party's conference in that city. guys estimated thirty thousand people are turning out for this march through the streets of manchester to protest what the coalition government is doing in the way of talks and you've literally got
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boots full of people hey you've got the older generation saying hands off our pensions you've got the sort of middle aged generation who fear that their job because as money to public services is slashed you've got the very very young who are worried that things like ness resounds provision so i take a single because and of course magistad the money. you've got a lot of students turns out much like in all the marches that we've seen at the front she turns out to protest against the rising cost of education i speak to some of the people who are here to austin just why they thought it was important to tell now because simple no we send a message to build a movement to bring all school in particular to the people on the road supposed to be school kids to be sober says. that the government knows that majority people post what you know usually really cool shirts i think you just have to pay to be sure that if you join the queue to try schools that what you're trying to
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move you up to bring this government down and bring in a government that doesn't offer working people now look to the fine is that you can see here around me are calling for a strike on the thirty fifth maybe they calling for a general strike the public sector workers to town leave why should the government just exactly what it would be like in public sector workers didn't in fact show up in the mornings if that's what they're planning to do a lot of the biggest jeans in the country unison yes they have all turned out here today to say we will down tools and those you can even but unless you promise that you're going to make these deep cuts in public sector funding that you can pay they give them a real say prime minister david ignatius. he's a lawyer. for the world a bit here on r.g.p. for some of the headlines from around the. well for you floodwater levels of startled receding in the northern philippines the country was hit by two typhoons which killed almost sixty people rescuers a scramble to deliver food and water to the families are still stranded by the
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disaster the local authorities appealed for additional rescue teams with boats to distribute aid and police to guard against litters meanwhile weather forecasters warn of a third storm which is currently forming off the east coast. fighting has resumed in libya as the perceived city of after a two day truce to allow civilians to leave the battlefield had expired and nato warplanes have carried out u.s. strikes while revolutionary fighters continued their offensive against to find the loyalists on the eastern front lines the city is facing a humanitarian crisis meantime people being driven from their homes might be a sign of essential supplies aid agencies say those trapped are in desperate need of medical. the arab league has a valid to united's members and make up the age shortfall for palestine created by the u.s. two hundred million dollars in annual support washington's move was intended to
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force palestine to withdraw its bid from stated from the un meanwhile u.s. defense secretary leon panetta during his trip to the middle east and israel that is becoming increasingly isolated in the region he urged the jewish state to restart peace talks with the palestinians and restore relations with turkey and egypt palestinian leader mahmoud abbas has told r.t. arabic that he fears the u.s. will pressure the u.n. security council members to vote against the bid the full interview is coming up on our next hour or so but for now here's a preview. for the right to veto we knew in advance. of the new supply that washington will use its veto during the voting in that it's clear that the u.s. will power. wants to extend its support. what concerns us most is that the u.s. wants to force all the countries that took part in the general assembly big and small like you particular the members of the un security council to vote against
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palestinian leadership in the un this is the key concern for us all the member states of the security council have the right to use or as i would put it misused their right to veto this of course such a decision will be regrettable. and other interviewers next hour here are that whether they realize it or not french school kids are learning a serious lesson in the power of political correctness across the country parents and teachers are enraged by new textbooks which carry revised historical locales to avoid insulting minority pupils as i pointed out on patrol reports many french fear their identity will soon disappear along with their history. twenty pages on the history of black slavery and just six on the time of napoleon shown here sitting on the toilet from says new history school books are inbreeding parents and
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teachers and cool it's political correctness gone mad and it's all those bestseller on the banned because of fronts words of boylan's ahead. if we doing teach our own minorities the history of their adopted country they don't feel french we are already seeing riots in our streets the crusades the called in thought thing to muslims the thunking louis the fourteenth to imperial and the act as the colonel gadhafi of his day focus is now on the previously little known kink. or thirteenth century with africa. the purge even extends to grow it is studied round the world including les miserables all through victor hugo france is already breaking up things professor casale because it's young people have no sense avoid been sitting parents are concerned but we have the third even though the worth of our history because you can understand what happens properly now in france you cannot
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understand the history. they want to understand and to avoid properly legal action seen as the only way to stop the removal of national history of our. schools now give ten percent of their share the old to the medieval african model inquire i studied it and what exactly is it contribution to world development. thousands of signed the petition of the french revolution lessons were replaced by the african kingdom of modern multiple which many say they've never heard of the ministry of education refused to be interviewed but gave us this statement. where change in the school curriculum sure reflect globalization one at a time has been taught because it's important to have a view. another world cultures such as egypt china and india the new european parliament reports but compulsory school lessons on the benefits of the e.u.
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from quote a very young age critics more kids are learning less and less about their own country states which stop teaching the polls they say consume themselves to history . and you push your faulty paris. back with a recap our top stories are right after the business update that's with you. hello and a very warm welcome to the business program there with the spike an economic uncertainty has resulted in a heavy loss in the russian market fear of risk has been hitting it even harder than other emerging markets chris with a from troika dollar and these that's due to structural weakness in the country's economy. we have a relatively weak domestic economic base compared to other big emerging markets are just we are much more vulnerable to a global recession because of the potential weakness in your oil price and the price of oil and demand for other commodities and is second reason why we see more
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volatility is because russia doesn't have a strong enough the mystic capital base. you know because we don't yet have you know very extensive structured pension funds and construction should have these schemes as is the case in most other markets we are very reliant on foreign capital flows to a much greater extent than other emerging markets so when there is any reason for investors to be nervous about global events they will take their money out of emerging markets and we do not have the substitution of domestic money which countries like brazil india and china do have. let's take a look at the markets now while prices are low on concerns slowing u.s. economy and europe's debt good or pure to manage investors expect ripples to show manufacturing in the u.s. ben occurrence attempt at light switch is not trading a seventy eight dollars a barrel while brand want is a total of one hundred two dollars a barrel. how do european stocks affording shop there on monday after the greek government
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a full list over the weekend that it will miss its deficit target this year despite austerity measures. and finally here most of the markets trading deeply in there at trucking overseas losses a report by the merchant put forward fund research says the funds investing in russia stocks have seen trash talk almost triple in one week waiting on the sentiments are concerns the shrinking global economy could hurt the country's come out of his purchases less so have a look at some of the individual share moves on the must my six most energy majors the down the solid gas from losing almost two percent and the company has just announced that it plans to stop gas delivery to europe five notes from pipeline on november eighth and financials also on the crush of the country's biggest lenders bear upon more than two percent. in the red and drug maker part of send out every early games the company says it could take over one of two of its rivals by the end of the year. and russians are rushing to sell the contras corsi as the ruble gets
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weaker sales reached one hundred forty five billion rubles equal to four and a half billion dollars that's the highest level since two thousand and nine when it's still much lower than during the financial downturn they will has dropped from a two year low against the dollar as economic uncertainty change investor advertised for risky assets. last week are you official searched officers of gas companies across the continent including subsidiaries of russia's gas problem they believe the four might have broken entry cross rules gas from says the inspections will not affect gas traffic from russia well prime minister those reporters says he's keeping a close eye at the situation and so bridges gazprom needs to cooperate and be open with the governments of the countries it works in and it also needs to help inspectors providing them with full information the russian government will keep to push the eye on what's going on with gazprom. that's all we have time for nolen of the business updates unless someone has time for you here on
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