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tv   [untitled]    October 3, 2011 8:00am-8:30am EDT

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the forceful break up of a rally and a rest don't stop and see wall street protests from gathering steam in the u.s. people frustrated over the state of the economy say it's time for an american spring. multiple rounds of austerity cuts fail to help greece deal with this deficit putting a new e.u. cash injection in jeopardy as athens admits it won't be able to meet critical deadlines. and russia is the latest launch of an obligation satellite brings its global system up to full strength ensuring global coverage challenging the monopoly of america's g.p.s.
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. global news twenty four seven this is our life from moscow with me. protesters continue to gather on the streets of new york following saturday's brutal showdown on the brooklyn bridge that saw more than seven hundred people arrested the movement called occupy wall street is promising more marches against corporate greed and social inequality. caught up 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 a scene from egypt to hear square i. nearly eight hundred protesters were trapped cuffed arrested and jailed as thousands of
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activists continued their second week of occupy wall street demonstrations and grassroots movement is campaigning against social inequality and influence over u.s. politics in the interim police conduct against peaceful protesters has come into question. just last week and a york city police officer attacked occupy wall street protesters with pepper spray prompting public outrage and an internal affairs investigation many didn't believe that there would 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. used heavy handed tactics punching some protesters i think many people didn't expect that there would be something like that again this weekend so i have heard no reports of pepper spray being used there were thousands of people stopped and
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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 a breed to be arrested anymore the whole entire control of the police 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. this economic disparity occupy wall street describes itself as a resistance movement inspired in part by counterfeit we can volunteer other believe our brothers and sisters all over the world arab spring in greece and spain even though we can see that it did send a powerful message for dinner people are not going to stand for corporate greed
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anymore and that we're getting up 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 begins where the largest campaign contributions donations and lobby groups come from its corporate presidencies we were told it was for three or four. years old billy. bush. before that is part of the bush dynasty i mean corporate greed goes all the rich and president i think this is where they are doing to be impulsive it starts. 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. on a social inequality and corporate influence on u.s. 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 you know for
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an artsy you want to take a firsthand look at the protest in new york city just head over for the free video section on our website the newest was just shocked by all these crews who have been following the progress from the spot available to you for free download it for free videos dot com for much more exclusive material. for investigative journalists george says the police brutality will fuel the protests that could potentially overwhelm the united states this is just one of many. the n.y.p.d. gone wild last week they sprayed with mace in the face of the women protesting they were all someone that spring from a crown they were we are protesting peacefully when they were mason a face that's new to me or i can different it is protests spreading throughout america and when they be on the steps of the your party from the white house in
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time sara flounders from the activist group international action center says the u.s. is preaching a democracy all around the world all forgetting about the rights of its own people and this is really our elise effort to shut down mass the sense here see us government that claims the state for democracy all over the world while dropping bombs on people in many many countries and here at home when people are involved in democratic protests and demonstrations against the domination of wall street representing really the interests of the vast majority of people the latest polls today's show that seventy five percent of the population changes sympathetic to these protests. coming up a little bit later today here on our very own a people of eleanor's crosstalk discuss who if anyone is influencing the decisions taken by the governments is a pretty. government. is not doing what it's probably wanted doing what its
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interest groups want the moment those interest groups are the labor unions and the more big corporations who pays well. everybody is free to hasten actual steve go ahead steve switch to one of the extraordinary. easy here let's remember one simple fact right in the united states today in the private sector that dominates our economy six point nine percent of workers are represented by a trade union ninety three and point one percent of our working class in the private sector has no union to explain government policy based on the union movement as tiny and powerless as this is a soon to see. and you can check across the crowd today. greece has admitted its still not able to deal with its deficit the key demand of its international creditors that's even
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taking into account massive layoffs announced yesterday and you round of austerity cuts which still need a lot of its approval to find out what it all means for the struggling country let's cross live to watch the sarah ferguson was in the greek capital sara thanks for joining us today so is it me that after all. greece has failed on its promises and is now failing to deal with this debt. welp i hated me yes the greek government has that it is not going to be able to hit these tough deficit reduction targets that it is that right now that sparked that fresh face because that next cash injection the eight billion euro aid that it needs to avoid bankruptcy it because the troika loaded team. hear the name and say enough is trying to hammer out some kind of deal or not it is worth remembering that at this point was bad for greece is going to be extremely bad for the rest of the usa it would be surprising were not to get that money because that would have a very immediate impact in the country as
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a quiz will essentially be bankrupt it wouldn't be able to pay its wages or any of its bills and we could see that really having a very severe knock on effect not just in the usa the rest of the global economy as well i mean here it really does just seem to keep getting worse another measures we saw the greek government approved yesterday with thirty thousand civil servants to be placed on reserve and they'd be over g.'s k. and at the end of the year there'd be the potential for dismissal as well and of course that's been met with a huge criticism here from both the public and from analysts he was saying that really what we think we still want to get it's continuing to cut wages to cut pensions to cut jobs was at the same time trying to use a tax base solution to get itself out of this mess to plug but they're really in a very tough position indeed all these measures in place to try and avoid default which is many people i can see can see here in athens is that really at this point
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an inevitability. to greece now the polls that's the million dollar question would be more exact the four hundred fifty billion a year a question to take to greece now. let's be. you think greece over four hundred billion euros of government there you need to be. or i don't know what to believe something like that become it's running out of options they can keep trying to impose the states will start that would likely lead to more of the violent clashes we see in between. riot police and protesters and the last week the month all they can and keys to default here is they needed insisted that the fold is not an option they concerned that were greece to do you say it sparked a financial meltdown in the usa there's now
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a growing recognition that behind closed doors other options are being considered a good called it's different here because it's has been on the cards after a year and a half or. because when you have a bad overhang of exorbitant size but we have here in greece it is impossible to imagine a disturbing story because i mean. if you say so the default was always going to happen as it's a full speculation rumbles on it's become clear that there are fundamental flaws in the usa it's operation i think europe citizens have the right to know what the causes are at the moment they're being deflected from very real causes and they are being asked to blame little greece little greece however in the article may have proved in the past. and never was incapable of spearheading a global financial crisis see just who is to blame for what we are experiencing in
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greece would be. if using new kind of war if using international. financial crimes for the past eighteen months the greek government has cut wages great taxes just pensions and in return received billions of year in bailout funds now as they await the next eight billion cash injection many are left wondering if it's all been worth it. when we first. in this. series the. one. night. just two years after one of the four hundred people. of the.
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protests in strike action now an almost daily occurrence weak government faces a huge crisis of confidence among its electorate financially in the red politically in the dark greece's population leasing their patience if greece does default the future of the year is they looked extremely uncertain indeed but many people here feel but not to the say is true a country sinking deeper in financial and economic ruin. athens. britain may not be part of the eurozone but its economy is suffering all the same we report from manchester and angry crowd of thousands came out in protest to say the cuts are not the answer. this is our russia has launched another glowing us navigation satellite into orbit the total number now to twenty
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four it means that the system a kind of last pose a direct challenge to its american rival but a g.p.s. . has the details. well this is the twenty fourth satellite that's being launched this part of the globe and us system twenty four the number the minimum number the glowing us needs to be able to provide full global coverage and now we will see four more cloner satellites launch throughout the rest of the next year and not repeat 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. 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 produced in the united states but it has been a rocky road as well just there last december three grown our satellites plummeted
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out of the sky into the pacific ocean now out there twenty four satellites are in orbit we specialists say that clone us can provide precise coverage up to six meters on the ground though take this for example with the g.p.s. technologies they can place you accurately within seven meters the target for glowed 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. . more on chips into the final frontier just log on to a special section on our website where we've got all the spectacular footage. from the final missions of the now retired american space shuttle fleet. of u.f.o.'s.
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is. now sixteen minutes past the hour here in moscow whether they realize it or not french school pupils are learning a serious lesson in the power of political correctness all across the country parents teachers are by some important pages of france's history being removed from new textbooks to avoid insulting minority pupils and reports. national. will soon disappear along with. twenty pages on the history of black slavery and just six on the time of
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napoleon shown here sitting on the toilet france's new history school books are in breach in paris and the teachers who call it a little correctness gone mad this author's bestseller on the banned because the front wheels of boylan's ahead saw their journey if we didn't teach our and i know it is the history of their adopted country they don't feel french we are already seeing riots in our streets the crusades are called insulting to muslims the thunking louis the fourteenth to imperial and walked as the colonel gadhafi of his day focus is now on the previously little known king ken kumu thought of century west africa. the purge even extends to grow it is studied rumble world including les miserables all the fictitious hugo france is already breaking up things professor casale because it's young people have no sense of identity parents are
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concerned we have the third even the worth pages of our history because you can't understand what happened operatives now in france because of 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. schools now give ten percent of their share the old to the medieval african moline boy i studied it and what exactly is it contribution to world development many thousands of signed a petition of the french revolution lessons were replaced by the african kingdom of more than words upon which many say they've never heard of the ministry of education refused to be interviewed but gave us this statement. where a change in the school curriculum to reflect globalisation one of the towers being taught because it's important to have a view. on other world cultures such as egypt china and india the new european
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polar reports compulsory school. of the e.u. for a very young age critics want kids learning lists and lists of country states which stop teaching the polls they see themselves to history. paris. twenty minutes past the hour here in moscow the type of the world up here on r.t. international headlines from around the world amanda knox has launched a tearful appeal in an italian court against her conviction for killing her british roommate a court will give its ruling within the next few hours expectations are high that knox will walk free from court after d.n.a. evidence in the case was challenged knox and codefendant rafaelle sollecito were convicted of murdering meredith kercher in two thousand and nine but they were always insisted they are innocent. most of the militants are freed
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a filipino american woman after two and a half months in captivity in the southern philippines but is still holding her fourteen year old son and nephew they were kidnapped in july while on holiday the hostage takers demanded a huge ransom but it's not known whether any money was paid no group has claimed responsibility for the case. the arab league has promised a financial assistance for palestinians to compensate for a frozen by the u.s. as america stopped the money as a punishment for the bid to have the state of palestine recognized at the u.n. e.u. officials say they will not be doing it the same the stated application was submitted to the un last week and is now being considered palestinian leader mahmoud abbas told r.t. arabic there's no reason why the bid should be perceived as an obstacle to the peace process and the full interview is coming up right here on r.t. in about ten minutes time i've put out a preview. we don't see why the two things i mean the palestinian bid for u.n.
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membership and the talks on a peaceful settlement cannot go on in parallel a session to the un will mean the recognition of a stein is a country in a state of occupation that will make our position absolutely clear we are an occupied country that seeks to hold negotiations on all the issues including an end to the armed confrontation with israel i believe this is the right way to move forward of course provided that the other side has a genuine desire to go the right way. out in just a few moments as business with kareena but for now tens of thousands of mark of a city of manchester in the u.k. the main ruling party is holding its annual conference they're angry at public services and pensions all being cut as part of the latest austerity measures article or emirate as their. overnighted that's made thirty thousand people are
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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 pool full of people here you've got the older generation saying hands off of pensions you've got the sort of middle aged generation who fear that their job because as money to public services is last you've got the very very young who are worried that things like nurseries and provision store education will be caught and of course manchester. population got a lot of students turned out much like in all the marches that we've seen across the country turned out to protest against the rising cost of education i spake to some of the people who are here to ask the just why they could it was important to turn out thank you simple may we send a message to the government to covering all school in particular the people on really to pull with these. kids to police overseas and. to pull so that the government knows that majority of people are opposed to what we do oppose the
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really cool shots i think you judge the patient that if you join the give a child schools that want to make sure it's wrong to move the right people bring this government down and bring in a government that doesn't offer working people now look at the finest state you can see here around me are calling for a strike on the thirty if they need them but they're calling for a general strike the public sector workers to down leave why should the government just exactly what it would be like if public sector workers didn't in fact show up for work in the mornings if that's what they're planning to do a lot of the biggest deviance in the country unison yes they have all turned out here today to say we were down to the that's it today but unless you promise that you won't make these deep cuts in public sector funding that you'll propose a lot of them are also prime minister david cameron. has or i'm a reporter and i'll be back in a few minutes with more from the news today business with.
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her welcome to our business update the south thanks for joining me their recent spike in economic on certainty has resulted in a heavy sell off in the russian market fear of risk has been hitting it even harder than the other emerging markets this week for from troika dollar believes that that's due to structural weakness in the country's economy. we have a relatively weak domestic economic race compared to other big emerging markets are just we are much more vulnerable to a global recession because of the potential recruits in the old price of the price the demand for other commodities under second reason why we see more volatility is because russia doesn't have a strong enough domestic capital base. you know because we don't yet have you know extensive structured pension funds and unstructured sitting schemes and as is the case in most other markets we are very reliant on foreign capital flows to a much greater extent than those are emerging markets so when there is any reason
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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. a stake a look at how the markets are doing all prices are lower on concerns that slowing u.s. economy and europe's debt could curb fuels amount investors expect reports to show manufacturing in the u.s. barely crew in september light sweet is trading at seventy eight dollars per barrel while france plans is that almost one hundred and two dollars per barrel and stocks in europe are falling sharply with banks leaving losses that's all reports greece will not meet its deficit targets this year b.n.p. perry brian solicitation are all down six percent each and commerzbank is losing over five percent now automakers are weighing on the dax and b.m.w. slid seven and a six and a half percent and folks like it is down over five percent here in russia stocks extend losses after their biggest quarterly decline since two thousand and eight
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weighing on the sentiment our concerns a shrinking global economy could hurt the country's commodities use are a report by emerging put fully upon research says that the funds investing in russian stocks have seen cash outflow almost triple in just one week. though let's take a look at some individual symbols on the rise it's this our most energy majors. with gazprom losing almost two percent the company has just announced that it plans to start gas deliveries to europe by the north stream pipeline on nov eighth financials are also under pressure with the country's biggest lenders bear bank nearly three percent in the web and drug maker from standard it raised early against company says it could take over one or two of its rivals in the end of the year. russian markets have ended their worst quarter since the financial crisis of two thousand and eight however it's still not the end of the volatility with no clear signs of stable recovery in europe and the us so investors are preferring to
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park cash in defensive stocks the market's going to try and stay with companies that. have a relatively low. relations of fluctuations in commodity prices. normally those are stocks like. relatively high dividend decent crash transparent liquid probably stay away from being very nice. if your have relatively high levels of that very high rates of. global commodity prices. and russians are rushing to sell the ruble as it gets weaker last month the transfers reached their highest level in two years equal to four and a half billion dollars however it's too much lower than during the financial downturn the ruble has dropped to a two year low against the dollar as economic uncertainty tame investor appetite
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for whisky and since. that's a business out there for more check our website r.t. dot com slash business or join me in forty minutes from. kook.
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