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tv   [untitled]    November 2, 2011 3:00am-3:30am EDT

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thousands of europeans occupy the french riviera ahead of the g twenty summit today adding world leaders focus on people rather than corporations in the current dire economic situation. while the e.u. leaders left stunned by the greek cabinets decision to hold a referendum on the latest belo deal with some predicting the voters may reject the rescue package and spark the euro zone's downfall. a moment of truth for the world's most famous whistleblower wiki leaks founder julian assange get away from the high court decision on his extradition to sweden over controversial sexual misconduct charges.
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and so levin am in moscow i match reza good to have you with us here on r t our top story more than ten thousand people have marched in nice to protest against the g twenty summit that will take out thursday further down the coast in cannes the crowds are angry by the current financial system and reinforced by the global occupy movement demanded governments a focus on people more than corporations as artists daniel bushell reports this time world leaders may find it even tougher to ignore the outcry. g twenty host from says it wants the summit picturesque mediterranean coast to reflect the importance of emerging nations in the world but this financial crisis deepens in both the u.s. and european union economists split self interest behind that noble claim less to involve more russian economy is really to try to convince those rising economies to put money on the table. and sustainable currency union of europe in the first
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place developing countries which still the west quick to civil unrest among their population they'll see those same western countries coming down hard on public movements in the room. and she was like to describe billable standards the primary powers within the g twenty the united states germany britain france the real economic and military powers they want to show a world order and a system of states that still has the ability when in fact there is instability this summit is an attempt to put a shining face on what is really a failed system there's a scene of chaos not just from the side of protesters but also from the police because there's helicopters overhead at the moment you can hear police sirens also this police really have mounted this military style operation to shut down i'm still plenty of the protesters going where they don't want them to go one former diplomat says western leaders can't continue to just block criticism this whole idea that. they can simply ignore popular protests against what's happening could
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come back to bite the leaders of the g seven energy twenty some of this protest different from summits of the poles with bill james dixie of the latest western bank to get bail dealt with public money growing numbers here worry there's something fundamentally wrong with the current setup we have basically a financial system where corporations and financial institutions are able to write themselves favorable legislation quick. well be a corporate lobbyist police roadblocks all demonstrators getting from me to the nearby town of with the g. twenty takes place but it's becoming ever holder to stop world leaders hearing the voices of protest the usual to see in east france the russian president will be along the leaders taking part in that french summit r.t. caught up with his aide are trying to recall bitch ahead of the event and he tells us that he thinks it's important for leaders to have a chance to come face to face is a preview of the interview coming up in the next. result this kind of direct and
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clear cut the nation face much more difficult than since so financial turmoil the president and the thousand take from conversations that are too formal for those kinds of decisions especially given the differences in. the traditions and for use. on various nations of the state united states and china phone conversations do not help they need to talk to each other better effort to reach some kind of compromise on global issues. greece will hold a referendum on the latest e.u. bailout your calls by the country's prime minister have got unanimous support from his cabinet george park and announcement stern european leaders also came as a shark to agree with some members calling for the pm to resign last week eurozone
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leaders agreed to write off fifty percent of the greek debt inheritors and more loans in exchange for more austerity cuts. your financial advisor or and wealth management thinks if greeks vote against the belo deal it could signal the end of euro zone's. this may will finally bring it to a head i think the europeans have been patching things up and patching things up and it's now getting to the crunch point and the deal that was reached last thursday was was a nothing deal really because it doesn't address the fundamental issues that there is too much sovereign debt in the u. and it's unsustainable in my view the best the best option for the greeks is to default of course that there is a much bigger financial consequences for the for the rest of europe and for the rest of the world if that happens. if we're talking about what is in the best interest of the greek people then then then as probably the best outcome if
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a truly great the faults then you have to look at who actually owns the debt and that is principally owned. by other sovereigns by the e.u. and by by the banks and pension funds and the consequences of that is that it would make the financial system the banking system much less stable and the worry is of the snowball effect and how they would pay the banks and then other european sovereigns and whether that would then lead to further defaults on a number of sovereign defaults at the same time. on our website r.t. dot com we're asking what you think lies behind the greek pm surprise decision told a referendum over the bailout here's how it looks right now almost forty percent think the greek pm has made a wise step to let the population have their say about a third think the move is just populism to quell the protests the result about split between whether the decision to use a knife in the back for a profit raise looking for a pathway to an honorable retirement. we've agrees already neck deep in economic
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and political turmoil it seems yet another crisis could be around the corner from athens coming up or an end to immigration sentiment is reaching a boiling point adding to the existing route of austerity anger and desperation plus. the russian markets the high of the r.t.s. in the minds of gaining more than one and a half the sentiment investors still keeping their distance from risky assets more in business in ten minutes. but first the u.n. nuclear watchdog says it's found a secret facility in northwest syria matching the design of a uranium enrichment plant findings every suspicions that the syrian government's been trying to produce nuclear arms but there is no evidence that the building which resembles a textile plant has ever been in use situations lead some experts to draw comparisons with the w m d allegations that led to the occupation of iraq. here we go again the lame pre-fixed for invading iraq were
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weapons of mass destruction well if i was dressed in the first saw that i would rather worry about losing it in stages in because the inspectors would be wroth for years and still on i'm told one of the tasks was that identifying the sense installations in iraq ended and making a fool of the sions will learn my second thought is this is a labor of syria still holds on this lands the golan has poll comes a large and nuclear armory. and with things to deliver this is as are some thousands of miles it is ironic we should be george syria when the israeli the armory has never been inspected. to libya where the newly elected prime minister says protecting human rights would be at the top of the government's agenda but his state in contrast activists venti signifiers artists are terrorizing displaced residents of
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a coastal town once loyal to gadhafi fred abrahams with human rights watch says current atrocities are being downplayed by the libyan government and some nato countries. but in some places the violence is quite bad the town we looked out in was called told and the militias from the neighboring town of misrata are terrorizing the people of to where they accuse them of having fought for qaddafi and you know the problem here is that the militias are not under the control of the political authorities the civilian authorities and that's the big challenge for libya going forward is bringing the many militias under a unified civilian command the problem is that the money militias hundreds of militias sometimes from just a neighborhood have many weapons now and they say look we fought we lost comrades in this battle and now we want to have a state a seat at the table and bringing them under control will be difficult there's
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definitely a trend to say we did the right thing meaning nato governments they want to say that this was a successful operation so there is a tendency to downplay the conflicts and the tensions now but at the same time in our discussions with them of some of these governments they're taking them very seriously because they know that this will cause problems in the future they want them addressed now trying to support the more open minded and democratic minded forces within the new authorities and move libya in the right direction so there is concern and i think that the governments are nervous about this these tensions they were avenge and they're trying to to take steps to to quell it. as libya and the wider region undergo drastic change or if you will continue examining the role of foreign intervention in the arab spring. we are right. on. track.
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with you leaks founder julian assange will learn later wednesday the verdict in his fight against extradition to sweden over allegations of sexual misconduct a sondre denies the claims says they're politically motivated artie's laura smith has more from london. the moment of truth is approaching julian asked soames as he learns here at the high court on wednesday whether a judge will order him to be extradited to sweden to face questioning a receptionist those allegations that souls and the swedish prosecutor have vowed
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to take the case to the supremes courts if it does go to the sea point because it's likely that the entire basis of the european arrest warrant under which people can be extradited to the e.u. countries to face questioning with very little evidence will be put under scrutiny many in the u.k. would welcome that so if the judge rules out further appeals one of two things will happen i thought this could be step three immediately off to eleven months living under strict bail conditions for his speech mike not touch the ground he could be extradited to sweden within the team days either way his life's work is under threat which he didn't crippling financial trouble and maybe forced to close in the new year. well still ahead this hour india's revolutionary fighters moved from the jungles to the cities. to argue that the arrival of multinational companies here exactly caught her narrative by between rich and poor are we to look at how after
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a twenty five year long fight against the government in india and cognisant are ready to take up arms to combat globalization. but first israel's reportedly told its military to take any necessary action to stop rockets from being fired from gaza the move could include a ground operation the move comes after dozens of missiles were fired into the jewish state last week political blogger larry derfner says the attacks on israel come from minority groups though that are out of hamas control. there's not that much happening there aren't that many missiles or rockets falling in israel at all relatively speaking there's not that much happening in gaza. but the main thing is that people who are firing these missiles from gaza are not calm us which is in control relative let's say the by default that in control of gaza it's a relatively marginal group called islamic jihad jihad cannot fight israel unless
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the list thomas felt that is really invasion were imminent comma so far has never gone that far to say comus itself will hold to a cease fire relative ceasefire but hamas so far has not stopped these smaller groups from prior priding these rockets doesn't do that and would not and i don't see it doing that unless it was afraid of an imminent invasion. there's always plenty more on our top stories at r.t. dot com also lined up for you right now. fighting for their rights former liquidators of the sure noble new purpose astro tried to force their way into the ukrainian parliament protesting planned cuts to their benefits and. the racket was landing a plane carrying two hundred passengers at least thought south of the runway after its lending here fails to open everybody walks away check out the footage in full i don't see dot com.
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the. little. review the latest in science and technology from. the future.
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thanks for sticking with us on our teeth fifteen minutes after the hour in moscow agreed sort of vote on the e.u. bailout deal as soon as possible and as the country's economy teetering on the brink of collapse the austerity hit public is struggling with poverty and unemployment now their frustration also being taken out on the immigrant population as r.t. sorry for parts from athens. on the streets of greece protests have become a common occurrence this gatherings not one of the usual demonstrations and see emigration for a time the ethnic tensions here in the city didn't think of becoming more and more of a concern in the last three years illegal immigration into europe increased in particular skyrocketed as the greek economy has plummeted the crisis has led to unemployment poverty seeing a lot of people not being able to make ends meet face to these tough economic
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conditions it's not just extreme factions a society that is seen a rising and he in the current sentiment but every day greeks he faced with exceptionally tough station circumstances have becomes a point the finger of blame. on the streets of athens has now become a kind of limbo for illegal immigrants who are struggling to make money and to survive in second generation immigrants who've lived in the country many years feeling the tension we've come to one of places neighborhoods that the danger is a pretty high immigrant population the local park here has become it's a mine of battlegrounds. we have closed the poor because it was overrun with immigrants no one could cross that everybody was scared and no group of people could come here it was not a playground. that children are now forced to play a game said outside the closed gates of the park after this area with main danger
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say whether or not the threat is real the fairness neighborhood. is to frequent social issues and it's getting yes. because it's a symbol of the baby leave the state of the police is no good because people in many areas of the world lose these things after midnight last night meadows. you got to be open to it being blow through the night but look like the window to the thing i don't see the reason it is the year a crisis continues ethnic tensions have been growing into an extremely bullish child and sometimes dangerous situation greece is a country now in the midst of not just a financial and economic crisis but it immigration crisis to trying to find a way to rebuild say shook a he's in here is no skates easy south. turn now to some other stories making headlines across the globe two trucks carrying
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explosives detonated in southwest china killing seven injuring more than two hundred fifty the blast cause several nearby buildings to collapse two dozens of ambulances were rushed it was a scene where rescuers have since ended their search for any remaining survivors an investigation into the cause of the blast is underway. the condition of a cargo ship stranded on a new zealand really pretty early on has worsened as authorities say they are preparing for the great apart crews have been in a stop start raise for the removal of oil from the vessel to limit the amount of environmental damage more than a thousand tons of oil was removed before bad weather halted efforts on sunday the vessels already spilled more than three hundred fifty tons into the sea affecting the coastline devastating the area's wildlife urging change in india is now with rebel movement wants to force multinational companies out of the country blaming globalization for creating a widening wealth gap but authorities preassure to report their extreme views are
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starting to resonate with the more moderate indian public. these are the images people recognize when they think of india as maoist rebels for almost twenty five years the group has attempted to overthrow the government in violence and intimidation to turn india into a communist society in their eyes the government is not taking any interest in the indigenous people of rural india and has actually displaced the population from its mineral rich land for development projects the government has called the maoists the single biggest security threat to india and it's held them responsible for killing thousands of civilians. but far from the jungles of india a new maoist revolution is brewing the maoists argue that the arrival of multinational companies here is actually cause further divide between rich and poor they want to be in india without the presence of quote unquote dominating western companies were everyone has access to basic right meat var of our route the brains
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behind the uprising the highly educated man is in most senses the opposite of his counterparts in the jungle armed with a pen and paper and sitting in his relatively modern flat in hyderabad rao is seen as the intellectual leader of the maoists and a voice for a growing group of indians against globalization if the investment is from the. hyderabad as a symbol for many indians of the country's booming economy and presence on the global stage the city has the biggest microsoft research and development office outside the united states and it's home to several major multinational groups i.t. firms and bio pharmaceutical companies and for many in the city if the presence of foreign firms is welcome the operating are still going to be in the n.h.
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good luck of going to be a good. it is being used i mean she'd like to be a martyr using a video. boarding different a big difference for needs like a small markets as big a game should be a little would go only because of corporate companies educated people like getting more jobs they can earn more money within short periods of time with dignity but the maoists aren't convinced that modernization means a better quality of life for everyone those who did not get the fruits of this globalism that their pain could be thrust into. jenin grievances of not progress. in all of us including as middle class. while most indians are convinced that communism is the answer many agree that india needs to find a way to improve on its own i think that india has such a rich who would be
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a source of mineral water. science and technology establishment human resources that we can produce and we not depend on him and he does immense use who need india while they watch the uprisings around the arab world they believe it's the sub continents turn to demand change preassure either r.t. hyderabad india. business next with you or stay with us here on r.t. . hello and a very well welcome to the business update russian stocks a gaining in early wednesday strain but the global markets are on the razor's edge as the greek government supports the prime minister's call for a confidence vote and referendum for details i'm joined by our chief. so torn by the russian stocks the gaining despite global trend. they have gained
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a little today could be seen as a small bounce back from yesterday's losses of five and three percent on the r.t.s. and my six however it has to be said that any confidence at the moment in the markets is very fragile because all eyes are turned on greece where yesterday mr parker. the greek prime minister and his cabinet voted that they would indeed support a referendum on the euro bailout plan because centrally chosen democracy over finances and said that he can't railroad this through the greek people he needs their support in order to make it work that has terrified finances all over the world the losses yesterday in russia were mild compared to some big banks losing ten percent of their share price yesterday very what great worries across the world of finance to this and it threatens not only to bring down the greek government but also to ruin the euro plan that was supposed to be the final word in sorting out
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this euro debt crisis that may actually collapse now especially if the greek people vote no so this plan before it's even got off the ground. can bear he thanks a lot for this indeed and let's have a look at those figures here in the markets like them doing early gains it's hard to have a check on some of the individual share moves on the might six energy nations are on the rise the past brahman gaining over to the sun the foul and banking stocks on . no exceptions were the russia's biggest lenders burbank more than two percent in the black. ok i can hardly look now at the asian markets they are mixed but some as you can see the nikkei is down more than two percent while the hand saying is heading home a cent. let's have
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a look at the world price current of oil is in the range of worsening concerns about the euro zone and global economic data pointed to third the slow we whites with us trading at around one thousand one dollars per barrel dr branson scoring at one hundred nine dollars. and staying with the greek referendum called peace a western edge of town believes the country playing with fire. i think was the grease obviously with. the leadership now putting this to a referendum is playing with fire i think it's inevitable given to study measures and the unpopularity that you see from the greek population and i can't really blame them for doing what they're doing but it is playing with fire and we might have a solution to the crisis more quickly than otherwise expected because through these periods of being called all the the about the inevitable default of greece right now your position is if you look at the opinion polls and we say we vote no and
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that'll probably mean a quick move towards towards a default whether that's a good solution or a bad solution totally up to how they actually exit. and russia has lost its last leg ok it was a low cost carrier the license of sky express has been revoked the move was not a surprise given the company's thoughts financial results and huge debts and additions guide's france has been considered russia's in the store along with the airline for several months to save its business the company had earlier decided to merge with their regional cuban airline well and the same year a new low cost carrier is unlikely to appear in the russian market in the near future juta insufficient legislation. brings you up to date on what stores log on to our website that's archie dot com slash business or.
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pleasure is that so much given to each musician on the market as to music so does the rest of the arab world these are success we hold the first election of the arab spring with islamic parties. a very warm welcome to you this is your news today protesters on the wall street center play at. least in
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chance a good chance the chance is to get a book except the status of the human experiment if. we pursue a business rap music we would expect those whose lives we try to censor global economy and it's all changed things as financial temple the reason to maintain our confidence in markets and. wants to be seen trade imbalances recession looks to be the nation's close to collapsing it's like close close. to fail so we pull a box again feel like thing is us crash and imminent. is like all the classes and the sparks mail just programs increase the total economy. wealthy british soil. sometimes that's right.


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