tv [untitled] October 5, 2011 12:01am-12:31am EDT
called in damascus to and its crackdown on protesters or face targeted measures but moscow and beijing said this could open the door to a levy a style military intervention are just more important than has the latest from new york. russian ambassador to the united nations vitaly churkin said the draft was too one sided he described the resolution as a confrontational approach taken by the european delegation and against the peaceful settlement to the crisis now this draft resolution was proposed by france with the support of portugal the u.k. and germany but the one part of the text that many countries seem to disagree with was that that called for syria to comply with the resolution within thirty days and if it if not complied then the council would quote consider its options including unspecified quote measures many council members including china
russia brazil south africa interpreted these vague terms as leaving the door open to sanctions now of course russia is one is one of many countries that has been opposed to international sanctions against syria ambassador churkin says moscow believes the violence should be stopped through internal reforms and political dialogue not external sanctions or military intervention such as the case of libya you bring you see what you broke the drug issue is illusion which has not passed today was based on an entirely different philosophy the philosophy of confrontation we cannot agree with this one so you don't you see she is against the mask we believe the threats of implementing sanctions against the syrian government is unacceptable this approach contradicts the principle of a peaceful settlement of the crisis based on
a common syrian national dialogue our proposals in the freezing of the unacceptability of a foreign military intervention were not taken into a coma and this considering the well known events in north africa can only be alarming enough so we are doing proposals to the opposition and the arabs and sober people today and to disassociate themselves from the extremists is also alarming. brazil india south africa and lebannon abstained from voting on the resolution but it was the united states that voiced extreme disappointment that the security council did not hold to mentally adopt the resolution moving forward russia and china said that they will be working on a resolution to gether that they say will be more balanced in the case of syria now we do know that some council members wanted not only the syrian government condemn for the violence but also a condemnation against all the anti-government protesters that may have been
inflaming the violence that has been breaking out over the course of six months but that is a measure that the europeans did not want included in this resolution brazil had noted that had the sponsors waited a little bit longer before a vote was called. divisions could have possibly been the bridge to within the security council but as mentioned russia and china said that they will move forward to try to come up with a more balanced resolution on syria. neither reporting from new york now the syrian ambassador was given the floor in new york after the security council vote. to have a chance to have a go at washington. the u.s. has used the veto fifty times to protect israel and it continues to threaten to use the veto power this could be considered partying and genocide. the common saw the
entire u.s. delegation headed by susan rice walk out of the meeting in protest the syrian envoy was referring to america stands on the palestinian bid for full recognition at the u.n. the white house says it will veto any resolution to grant statehood saying that such a move can only come through direct talks between israel and the palestinians. the chinese veto on syria at the u.n. security council resolution makes our relations with the u.s. even more. later in the program we report on how washington is trying to get back at beijing for allegedly under valuing of the yuan and taking away of american jobs . thousands of people unite against the government's latest round of austerity measures in a twenty four hour strike in greece flights in and out of the country are canceled
schools closed hospitals will be working at reduced capacity this nationwide protest comes after eurozone finance chiefs postponed greece's next bailout well for more on this let's now cross live tell correspondent sara for who is in athens sara what exactly are we going to see with this strike and what's planned for the day. was just a couple of hours time you're going to be seeing the country's main labor unions leading thousands of people. behind me. the main parliament building protesting of course against the new wave of. it in place with new announcements here in athens the job layoffs there's been recently a really deep discontent amongst the public here as the flights in and out of the country have been canceled schools and hospitals are expected to operate out of. the public schools going to be stalled and we've seen this happen before. that's
part of the many many times the people protesting against these measures. pushing that country into an even deeper. well sara what are the fears in athens now. and for the next payment will be delayed was made. when we heard the. middle which. the greek government has said they can survive financially and still then as we said before it seems extremely unlikely that they wouldn't get that next tranche of money that they need to keep afloat because at this point the situation really is not just quit school for greece because cool for the rest of the usa as well we're already seeing a lot of concern about exactly how far the contagion is going to spread and who's going to be affected by the well it certainly has and this is the place where say much of this is played out on syntagma that we saw
a couple of years but they see the protesters up against the parliament building being pushed back by riot police you know a couple of years on and we're back here again and what people are starting to realize now is that it's not just going to end here on syntagma in athens in greece that this is really now coming much much closer to home we've already seen this over debt crisis now spreading into what many fear is going to be another banking crisis and there's been a lot of concern criticism as well about the way that the eurozone leaders have been managing this situation about their inability really to come up with realistic measures that are going to stop this crisis in the track and put certainly greece back on the right track but the rest of the eurozone is low we've heard the protesters who will be turning out today saying much the same as before that they're still dealing with these measures that are put in place to try and please international lenders that really these measures are nothing more than a sticking plaster over the gaping wound that is this ongoing crisis and really
people are going to be looking to see whether there's going to be anything that can be done from preventing this financial crisis spreading into a very deep recession in the country and in the eurozone as a whole all right sara first thanks very much indeed for bringing us this update from athens. and investment advisor patrick young says that the european union needs to respond to the greek debt crisis much quicker if it's to stay intact. the european union are trying to take fiscal control of greece because they think that's the only way they can actually control the crisis essentially what is being fought at the moment is a battle for the sovereignty of greece the european union is too slow there is too little leadership and there is a pig headed in trying to germs particularly amongst the finance ministers but there's specially amongst the leaders of the european union ations in terms of understanding that they needed to move
a lot faster on this crisis they still need to move much faster and ultimately time is running out because greece is leading the contagion that is going to kill the euro by the end of the year if we don't see positive and rough production realistically bad action means that greece needs to leave the euro because the problem is we cannot leave citizens of the european union to starve to death because it suits a troika of international lenders. well we now go back to our top story and we can now discuss russia and china veto of the un resolution on syria with. deputy director center for international monetary research in beijing thank you very much for being here with us on the program sir so first off why did china and russia vio this u.n. security council resolution on syria. i say is a very. important of the right decision for china russia to veto or not propose
a certain shows. because here in the datastream it is the sanctions it's a nod to the best a way to settle a conflict or mess very complicated all in by case for dialogue weaker brain has there been a peace in syria and other countries so i think rush or the chair that has made a very good division. well what does this mean for syria's future can you. liberate weighs on that. as ensuring. the piece of history is very important to middle east as well as of for the region and the word sanctions. we have be ready to bear the newest law all two hundred people off curious so i think russia and the counties to this into against the sanctions against syria is a very good videos for a people and there will be very
a beneficial for a peaceful settlement of serious. conflict in the future. and how do you see the relations between the us and china developing in the future. right alongside the us relation in the very critical moment to the areas of very much worry much of trouble for example every issue off the us military is she also. trying to issue also you would buy us on our soul. mates r. and b. issue and the many azer trados i think us all these scenes the u.s. government's massive take on a major whole response be given all these troubles i think the u.s. government and the congress why the policy and last to take action to improve silo u.s. relationships. well as we know russia and china vetoed
a resolution on syria but in your view is there any possibility that the u.s. and its allies my actually use force against that even without a u.n. mandate. there is worry high possibility to verify probably before us or to act union naturally it will or lol driving all the us all in many cases always to the feedlots failure in industrial action so i think right on that result very high. probably be key for us to take action against syria even. told by russia and china. this is deputy director center for international monetary research thank you very much for being with us here and the program. china has expressed its condemnation of the u.s. senate's bill on the chinese swan after it voted to allow a debate on the so-called currency manipulation bill the legislation would make it
easier for the u.s. to impose penalties on its trading partners washington accuses beijing of undervalue its currency to help its own exporters taking away american jobs china has told the u.s. to abandon protectionism and stop politicizing economic u.s. house speaker john boehner says also spoke out criticizing the bill calling it pretty dangerous when journalist added harrison says america is just trying to spread the blame for the global economic crisis to other countries. well the reason to bring it up is to show that the. government is. in order to create a self-sustaining recovery and therefore the problem must be elsewhere that is the problem must be in europe it must be elsewhere it's not because our policies of failed course. that's really what is going on here the reality is that the u.s.
government's policies have been successful as a result they're looking for other places to place blame or to share the blame for the economic crisis that is global at this point but nonetheless really the united states the reason that it has a huge trade deficit not just with china but with other countries is because the private sector you see with. it if the u.s. wants to address the problem of deficits that is trade deficit it really needs to look at creating policies that raise private sector savings. thousands of americans are gearing up for another day of demonstrations in the u.s. capitol they've been protesting for three weeks against corporate influence on government policy which they blame for the country's economic woes but even after the police arrested hundreds of activists over the weekend the movement still picking up momentum across the country reports. we
don't want that not that it's creating more pain where it's not very more aggression and i think people are taking it. more than a thousand people in los angeles. chose to stand in solidarity with the occupy wall street movement. at city hall the very visible center of government in power i mean demonstrators worry that the one percent who controlled most of the nation's wealth have gained a stranglehold over the u.s. government alexander hamilton you know refer to the people that he was so afraid of as the great peace and the great peace as a way people of all walks of life had turned out for this mass demonstration here in los angeles now a lot of the protesters here say they've gotten their inspiration from the demonstrators in new york and in athens and others are inspired by the revolution of egypt now there's still much debate about whether this is part of that revenue
scenario movement here in america but one thing that people can agree on is that some drastic changes need to be made as to how this country runs from the east coast to the west coast and a growing number of places in between a collective anger is unifying people. in the windy city a group has been demonstrating outside the federal reserve bank in chicago for more than a week in boston a tent city in the heart of the financial district means occupiers can voice their discontent with corporate greed twenty four seven. just by dozens of arrests demonstrators intent to show that democracy does not end at the ballot box families have also been marching in denver and san francisco demanding radical change from the wahoo to olympia to all my hot to orlando according to the occupy together web site protests are being organize. in more than
one hundred cities points that you place standing behind are worth a revolution i believe their time is up but i think that i think the world is recognizing that that doesn't work despite mainstream media downplaying and even ridiculing the movement supporters have faith the message will be understood you saw what happened in london they tried to make it out about a bunch of people that were just you know you know the bad apples that see humanity humanity's got something is room already bruised by soaring unemployment poverty and foreclosures the middle class are now being told to tighten their belts leave the many americans to finally find their voices across in the beginning bigger it looks like the spreading throughout the country and you know they had the arab spring you know hopefully we have with us in los angeles. r t.
well take a look at some other stories from around the world government troops opened fire on armed tribesmen supporting protesters in the southern yemeni c.d.f. activists also clashed with security forces in the capital sanaa where over one hundred people were caught up in fighting and killed last month meanwhile thousands took to the streets of yemen protesting the decades long rule of president salih the uprising in yemen started in february and has reportedly claimed lives of over fifteen hundred people. kill you and students have continued with demonstrations against the government calling for better public education that's after president pinera threatened tougher sentences for protesters who occupy schools or university buildings at least twenty were arrested by riot police who dispersed the rest using tear gas and water cannon in the capital santiago canaris law project has been seen by student groups as a provocation which works against five months of negotiations between students and the authorities. and to mexico now where security forces have arrested eight.
police officers accused of working with the drug cartel among them were nine inmates who escaped from prison last month in the state of veracruz that he set a tip off by locals led them to a small village where the fugitives were hiding and they were planning to join as he does for tell work which ravaged parts of the country with killing kidnapping and extortion a total of one hundred seventy two police officers have been arrested since last weekend for allegedly having ties with drug and crime groups. leaving forces have vowed to launch what they call a final attack on warmer khadafi hometown of sered several strategic areas of the city stronghold have already been taken over by fighters or at least the national transitional council aided by nato airstrikes the whereabouts of colonel gadhafi are still unknown more than seven weeks after the capital fell to the former rebels going civil war in libya began more than six months ago with over thirty thousand lives lost. a spokesperson for the organization who visited the region says the
situation there remains dire. we managed to get in the hospital and spends a few hours to check on the hospital however the security situation did not allow us to move inside the town and see the situation of the sea billions we managed to talk to be presented to us of the civilians to understand the situation they talk about lack of food lack of fortunate there is no electricity there is a lack of fuel in the city and there is very difficult access to medical care and no i've been same time while talking to families going out of the city of sirte i have been on the eastern side where i've talked to families displaced to the desert i don't see it at all to villages like other surrounding villages and my colleagues from the west as well are looking into and to be displaced families these people as well are living in difficult conditions because they are they are leaving just their houses to flee the ongoing fighting in the city of sirte and they are being
displaced into the. desert in hyde living in hyde difficult conditions and having no access to medical care and no potable water we have been calling upon all parties to the conflict despair as much as possible to civilian people and to always distinguish between military and civilian targets more news videos and the latest updates can be found on our website r t v dot com but here's a taste apple is no longer a favorite flavor for people across the world the new slightly upgraded i phone four s. is revealed and company shares drop by more than four and a quarter percent within just thirty minutes. online drinking is becoming ever more popular as many young people in america and europe choose to stay at home and raise their glasses to their monitors instead of going out and being sociable.
time now for a business update with kareena don't miss it. how about them to business thanks for joining me this hour fresh concerns over the u.s. economy has worsened the selling spree in stock markets the u.s. federal reserve says recent economic data doesn't show any improvement in the world's biggest economy and merging markets are taking the largest hit as investors pull their cast out of risky developing countries but analysts believe that show that show avoids a double dip recession and emerging markets will outperform other global in the sense. emerging markets in general are much stronger fiscally they have much stronger growth that is expected in europe in the u.s. and corporations in emerging markets such as russia and elsewhere are also much
stronger so you know i think it's once for now investors are simply wrapped up on the concern that we could get a catastrophe if we can avoid ticketmaster fees which now looks more likely then i think once we settle down we will see more money coming back to emerging markets faster than two developed markets global markets maybe entering a state of panic with investors paying little attention to fundamentals but just an out steve from merrill lynch told us there's still plenty of ways to generate funds even for a long term infrastructure projects. there's a couple of sources that obviously for the debt markets still open for holly called sea credit with long term asset backed resources infrastructure projects with the markets will still be open until we actually saw it there although to see films pension forms long term investors the will to deploy capital in private investments at the moment to support them to the instruction development so despite the global
growth i think investors will have a. threshold to looking for sorry for to. put money to work. let's take a look at the markets now all is in the black for the first day in four after report that the u.s. gasoline stockpiles five million pounds last week futures rose almost four percent after falling eight percent in the past three days brant blend is trading at over one hundred one dollars per barrel while w. is at over seventy seven dollars a barrel and stocks in asia are mixed on wednesday japanese shares are trading in the red with heavy weight fast retailing company falling after a downbeat sales report japan's nikkei is dropping almost a percent reversal for opening against australian stocks lifted by gains for banks and energy companies markets in hong kong and mainland china closed for public holidays in two hours ahead of the opening bell here in moscow russian stocks ended tuesday's trading session deep in the red with both p r t s m isaacs over five
percent down banking stocks were among the worst performers with square bank and beats me dropping around eight percent. russian equities continue to shed their value with negative sentiment reigning this week gaining amounts of capital believe there won't be much response on wednesday. despite true attractive alesha's fresh produce will definitely follow all market sentiment so yes we do not see any strong actions from global financial loss or it is there will be no real bond in the stock markets of course we do see some potential in selected sectors for instance russian energy just sacked for lotrel on develop. depression your boss especially in corporate names we. can be kind of safe have been however in case the negative sentiment continuous. will be had a swell. that's
you can involve a community where you have one large corporation controlling the daily newspaper radio stations television stations the cable. you told me the. public opinion versus f.c.c. broadcast blues the march. issue is that so much good news you need to make a lot of people are going to look at days of rage is the global economy on the brink of a double dip recession if so why can't the rich west find the right mix of. wealthy british soil it's time to. find out what's really happening to the global economy. headline news to name two kinds of reports.
welcome back you're watching our breaking news and russia and china have blocked a draft resolution on syria the u.n. security council saying the text doesn't rule out foreign military intervention taken down the draft as biased and unhelpful to the crisis in syria moscow and beijing want a different resolution that will push posing size of a conflict towards dialogue. flights are canceled in and out of the country transport is disrupted and schools closed as greece braces itself for a nationwide twenty four hour strike and its response the government's latest to stary measures as eurozone chiefs pushed back the next round of bailout payments. and collective anger sweeps coast to coast across america as a movement to corporate protestors grows by the.