tv [untitled] October 27, 2011 12:01am-12:31am EDT
to snuff montes myrna point in the. marina just how serious is the situation on the streets at the moment well what we can tell you is that there have been several arrests and that number is growing and that's why the number is not confirmed so harsh as you mentioned fresh demonstrations taking place in new york city at the moment where anywhere between five hundred to a thousand activists have taken to the street beginning their demonstration down to cutting park and walking all the way up to union square in manhattan demonstrators were walking through the streets chanting oakland is new york city in new york city is open and there are reports that at some point the police officers attempted to use our engine netting to try to to stop the demonstrations or prevent the demonstrators from accessing certain streets and some demonstrators actually took the nettings somehow the aren't jetting from the police officers and ultimately
threw it in so garbage as the group walked through this city there are been reports that some people that work in taxi cabs actually got out of the cabs and joined the occupy wall street movement that was moving through manhattan there were also reports and there has been video already uploaded online and y.p. officers swarming protesters two of them in particular slamming two of them to the ground as the crowd was chanting shame on you there was also images that we saw of the new york city firefighter a nine eleven first responder giving an impassionate speech asking those that were watching the demonstrators to come join the demonstrators clearly this is a movement that is not giving up its force it's not giving up its hope the occupy wall street movement is now in its sixth week of course this is a demonstrate. a grassroots movement that began here in new york city that has bill
east across the country in new york city there have been at least one thousand if not more people that have been arrested since these demonstrations have taken place we've seen the clashes between police officers and demonstrators get a little bit more violent as weeks have moved on and the police here in new york city have been accused of using aggressive tactics and brutal force against these activists that of course are demonstrating as we were reporting against corporate influence over u.s. politics of against what they call corporate greed against a huge disparity between the rich and the poor here in the united states and this is a message that it is has been taken to the streets day after day and this is a demonstration that's taking place as i speak right now through the streets of new
york city we should also mention that there was a huge presence of riot police that turned out in zuccotti park and around lower manhattan as these demonstrators took to the streets there also how a copters flying up we saw them shining their lights and down on onto the streets of manhattan so this is this is that intense situation that doesn't seem to be letting up anytime soon as you say an intense situation it looks like rather than tolerating the protests police in most cities are targeting them and cracking down what seems to be happening well in the past twenty four hours we saw a huge crackdown now in atlanta there was a occupy protest that took place there at least fifty people were arrested but that the huge crackdown was seen in oakland california and that's where basically where where demonstrators took to the streets ended up looking like something of a war zone because the police officers as. they're used to your gas used rubber
bullets against the activists who are taking part in a demonstration there's been reports in images even shown of one man getting hit in the face by a rubber bullet police have been accused of using violent tactics to egypt these occupy oakland activists from their protest camp grounds that was set up outside of city hall there it was about five hundred riot police that were trying to evict these people and at least ninety seven protesters were arrested but of course many many more injured many activists were caught in the middle of clouds of tear gas one add to this was seen. he was in a wheelchair and police kept lobbying canisters at him police were also seen throwing a flash grenade right on to a group of people that were trying to how an injured woman it's being reported that police used tear gas at least four times in
a matter of three hours against these occupy activists in oakland california california now while officials there say the police had no other choice that the protesters were throwing rocks and bottles at officers city police there say at least two officers were injured that was possibly the most violent clashes we saw between police officers and protesters and we should also mention that those activists are back on the street in oakland california right now they refuse to leave their camp grounds and they have returned and the crowd has grown larger and they have received massive amount of support after the public saw these images of the way the police were dealing with the activists and you know what many people may not know is that just nearby u.s. president barack obama was hosting a fund raising. dinner as this was taking place or maybe
a few hours beforehand to raise money for his reelection campaign that dinner was approximately eight thousand dollars a seat and i read there is that all these people these activists are taking to the streets to talk about the problem of jobs in the u.s. the problem economy the problem of the huge gap between the rich the poor and many are criticizing the fact that this is taking place in the u.s. president obama is trying to raise funding for his reelection campaign some say that this is a huge divide between the u.s. constituency and the u.s. leadership ok disturbing scenes there indeed very important live from new york thank you for joining us. on our correspondents are at the heart of the protest you can log on to our twitter feed for their fresh first hand updates on our website we've plenty more on the story including news of digital help for demonstrators
a new application for android phones called i'm getting arrested that's noise friends of one of the protesters being handcuffed on the details of the o.t. dot com. european banks will write off fifty percent of greek debt deal was reached in an emergency summit in brussels which continued well into the night among other measures the euro zone and the i.m.f. will give the country another one hundred billion euro in his rescue that means there is also an agreement on expanding the bailout fund to one surely in europe all out to for those immense pressure on the e.u. leaders to multiple delays and crisis action and promises of a solution. back noble investment strategist at madison street partners says the european financial system is to blame for the current turmoil. it's fundamentally unfair for the problem of the whole. or the eurozone
economy is one of financial architecture you've got to go back to this flawed financial architecture would started with with the currency union without a fiscal union but we were all told one ball was the same as another whether it be an italian bond or a german born and now effectively the rules of the games have been changed in the bank has been forced to take this haircut in effect they are being punished for the wrong thing the response has been completely the wrong way around the the problem is fundamentally one of national sovereignty is trading at very distressed levels because these countries are all perceived to be insolvent it's not just greece it'll move on to portugal italy spain maybe ultimately france and germany so you have to first deal with the problem of national solvency and the way you do that is by creating a mechanism whereby all the bonds are deemed to be money good and you can only do that by involving the european central bank once you deal with the national solvency problem you won't have this issue of the distressed bonds and therefore you won't be needing the substantial haircut and you won't need the substantial
banking recapitalization the banking recapitalization in any case will create a huge debt deflation spiral because all the banks they will want to raise money at these prices and so they'll try to share their assets and if they do it all at once it will create an even bigger economic disaster. where the crisis plan is effective or not for the austerity hit greek people any help has to be a long way off and you're finding new ways to survive in hard times as artie's. say that time is money for a country where cash is now in short supply kind is taken on a whole different value in the time bank or exchange montreux services and sometimes they give a painting lessons for free but they take your gun for free also somebody else is teaching yoga and banks just one of the growing number of people tennis is that it provides. people in greece another way to cope with the tough economic conditions services can include anything from language classes to babysitting or home cooked
meals huge huge everything we do without money like looking after people are making things by ourselves for a country in crisis building social unity camp reve exchanging me hard price is a terrible thing it creates fear it divides people from public sector workers to from private sector workers to divide richer workers to poor workers immigrant workers from home workers and that's a terrible thing. for the past the networks have been a great way of bringing together large groups of people the populous slogan here in greece now is no one's alone in the crisis organizations are arranging swap shops to exchange clothes and one town in greece is even started its own bharti currency we still have the memory of agricultural society in greece where people used to do things together like they would do the olive tree of my family this week and then
next week with the olive trees of your family and then the next week of the other neighbor so they would exchange services and they like that nicky gives me and her friend alexander he's also a member of the time bank and lesson one of the free services she provides and in exchange alexander helps out with the gardening so the time is repaid it's an amazing way. of receiving finally by giving to the other. many greeks struggle with wage cuts tax increases and with unemployment in the country now cripplingly high there's been huge interest in the time banks and bars and networks places in aladdin's cave of arts and materials it's no wonder really that this idea of swapping gets in services has proven so. building solidarity is a time when the economic situation extremely uncertain. barta networks won't
solve greece's financial problems they do provide a massive amount of support the participants it's not to respond to you cannot make crisis in the sense that it's going to overturn the gov but it's giving support and comfort to both like to. terrible economic policies that are being posed by the troika it's giving people support to feel that they can do something with the tough economic times leaving many greeks feeling worthless there is real value in projects like the time bank with the greek government drowning in debt these creative solutions are offering not only support but encouragement to the people here which at a time of deep recession approving priceless commodities surface r.t. athens. there today max kaiser and his co-host stacy herbert look closely at the
way greeks are venting their anger at their plight of economic doom. is greece a failed state and i want to answer that from riot granny in this image here you see right granny well i think she's saying you know greece is not a failed state it's an occupied state because they're not asking this question about iceland are they now now because iceland stood up to the bankers whereas greece is still subjugated by the tyranny of the bankers and there's granny here who you see throwing rocks the police she is a good emblem for what the cops store for them and the politicians agree says the things heat up in greece hopefully the banks in greece will completely collapse and this will be the only saving grace for greek sovereignty. the family of colonel gadhafi is preparing to sue nato for the airstrike on his
convoy that his violent death at the hands of m.t.c. fighters family lawyers that the alliance his actions were clearly aimed at overthrowing the colonel and not protecting civilians meanwhile even with gadhafi gone the country's future looks far from secure from tripoli and he said no way since this report. the war is over but the weapons are fully loaded. human rights watch has expressed grave concern about leftover arms in libya their number one fear warehouses thought to hold ground to air missiles which could in the wrong hands take down passenger aircraft it's through mate so our nato allies in the region which these weapons have been flooding libya and also libya is quite wild country anyway the population has has quite a lot of light weapons in his possession and those light weapons are becoming a heavy burden on the national transitional council now relying on an army of
former rebels for security that would try to control the benz i mean if there is somebody has when we ask him if he has supporters a sunni or this we are not. checkpoints have been set up across tripoli to check that those carrying weapons have proper documentation and those who do have the paperwork are being called on by the national transition committee to return their arms the question now what if they don't and what does that mean for posts gadhafi libya and its stability and now as you can see is being secured here everything is under control and the only one would think that we will make some mechanism how to give back the weapons but we see something very different i asked this head commander what the plan is to disarm the population. i swear i don't know if you. look.
at a makeshift arms collection center that covers one neighborhood in the capital we are shown this. these are the weapons people brought to me today not many. walk down one block in tripoli and you'll see twice as many firearms. do you know how many were. in libya i can dislike have to eventually yeah i think everybody have a weapon some think the fun of arms in the country could spell disaster ahead in the vacuum after gadhafi and post road fault chaos as group find out a vicious battle for power. what you have now in libya is schools of armed factions who have no respect for each other and who have no respect for mates or actually either they've opportunistically used mater to
achieve some aims and nato has been foolish enough to go along with this so i think what we're going to see now is the intensification of the civil war between increasingly the factions which have overthrown with the gadhafi regime with many libyans not yet ready to say a farewell to arms the empty sea which could only be gadhafi with nato how is now asking the alliance to continue its mission a vivid indication of just how unstable the country is and he said now a r t tripoli. columnist and correspondent for the asia times thinks the outlook for the country's bleak and sees comparisons between what happened in sirte with events in iraq seven years ago. lou jet at the end of two thousand and four is seriously in oktober two thousand and eleven what the marines did which was to destroy fallujah in order to say that the t.n.c.
and nato did to see what gaddafi didn't do when people were saying no he's going to or cajun massacre in benghazi need to end it here and see the syrian civil war in libya it's already on they will never set up a government because they're militias fighting against militias so what i predict is plunder of libyan resources nato running libya as a kind of protectorate puppet government hamid karzai style in. tripoli and civil war all over the place remember you can log on to our website to find out all the latest news and analysis on the piano much more besides check out our cotton gallery to get a fresh take on serious issues an offbeat angle. online exclusive section on the site that's at r.t. dot com. now the amount of money being siphoned off through bribes paid globally every year it stands at almost one trillion dollars according
to u.n. estimates the high level of corruption in russia makes it a serious offender but the average rate of bribes going faster than that of inflation and i'm t. corruption campaign is gathering pace as aunties to have pushed over explains the people involved in the biggest bribery scandals are those who seem best at avoiding prosecution. the cameraman's hands are shaking he's a police investigator who's come across one of the most ostentatious homes he's ever seen including this swimming pool adorned with press goes in the style of michelangelo what makes this raid so unusual is that the home doesn't belong to a multi-billionaire but a humble head teacher well an ordinary state school in moscow. and investigation has initiated a case in the court regarding confiscating constantine to trust property it's a luxury house and the mosque or region through an apartment in moscow and for expensive cars the man on the run became this rich in just eight is using clever
schemes to steal from the school its teachers parents and the state a recent study of everyday corruption claims teachers doctors and traffic police officers are russia's worst bribe takers. low level corruption it's a bribe paid to settle everyday issues so it's also known as every day corruption big story money for traffic violations provide medical paperwork and inflate school grades making people pay through the nose people in russia say they're born with corruption and die surrounded by. a bill from literally childhood from school age get used to the idea of breaking laws when they need to get some service and that is an extremely corrupt an attitude that the only positive findings of the research is a growing number of people who consciously resist giving a bribe and a falling number of corrupt the us the average bribe is almost twice as costly as five years ago. when accused of corruption among his subordinates one of our former
police bosses said start with yourself and stop giving bribes out of principle and start doing things legally it may be more difficult when you but it's worth a try to your health care is the most corrupt sector with bribes to do it over one point two billion dollars last year however the average medical bribe is. relatively small and doctors can go to jail like setting just. because i work all day every day corruption is the result of the state's failure to fulfill its social obligations low salaries promote corruption tackling this low level crime looks as if something is being done while corruption by the bigger fish goes on unchecked experts say the everyday corruption is just ten percent of the tutu the rest is initiated not by citizens or businessman but by bureaucrats the internet is full of videos like this one it is also full of stories about teachers and doctors getting arrested and tried but when it comes to arresting officials and bureaucrats it
seems the statistics up far less impressive carry a bush party moscow what's more international news stories for you now residents saw fleeing thailand's capital bangkok health authorities form the city will soon be flooded the government has also announced a five day holiday for people to escape the combination of tides and floods could submerge their dying city districts up to one and a half meters of water. worst flooding in half a century caused by usually heavy monsoon rains has killed more than three hundred fifty people since. rescue teams are continuing their frantic search for survivors after sunday's deadly earthquake in eastern turkey which is left almost five hundred people dead but some estimates fear thousands may have died despite people still being pulled out alive from the rubble becomes a dozen lorries carrying aid for quake victims and looted official say that survivors
furious at not ceding supplies that raided the convoy for food and blankets. look at the business news now with kareena. hello and welcome to business here in our teeth thanks for joining me the world's emerging economic powers say they'll inject cash into the eurozone to stem the debt crisis contagion china has reportedly agreed to invest in the rescue fund its head is flying to beijing on friday to discuss the country's participation russia's also involved presidential aide of coverage says the country could contribute to rescue efforts through the i.m.f. let's see how the markets are reacting now oil is rebounding from the biggest drop this month on speculation that the u.s. economy is recovering investors are waiting for a report that may show the economy expanded at the fastest rate this year in the third quarter light sweet is trading at almost ninety two dollars
a barrel and grant is close to one hundred ten dollars a barrel and stocks in asia trading higher after europe agreed to at least one measure to help resolve its debt crisis both the navy and hank saying trading well above want to want to help for santa this hour in hong kong banks take center stage some major lenders announced earnings late tuesday agricultural bank of china is up four percent after posting a forecast beating forty percent rise in the third quarter net profit but bank of china is losing two percent after its nine percent profit rise fell well below projections olympos is planning seventeen percent in tokyo out to chamonix result. and two hours ahead of the opening bell here in moscow the russian stocks ended wednesday's session highs however the trading volumes remained low rolls douglas from capital expects the positive market trend to continue and gives his advice on
how the cash to cash and. i would be moving money into russian banks you know. they're all trading in. the no one times. which are quite cheap levels gazprom also looks quite brilliant especially in fall it follows through with the sense that it might double its dividend payout the in the stock is cheap and in any event you know and should benefit from all the strong you know strong commodity prices and russian public transport we're going aleck trick a joint venture between whilst on china's fungus sky group has launched production of a new generation of batteries in siberia the batteries will enable a bus to run two hundred fifty kilometers without charging the project is worth more than four hundred fifty million dollars c.e.o. of the venture says it has great export potential. getting one forgets. the
plan may be so with the process called buses in moscow can be electric and the process is first page and second day of. the same program for private clients blend you know c.b.s. really produced speak up by city but there is nobody there are produced it and this will be the difference in number one in europe and one of the biggest where you are on the world already france very big interest from poland. very big interest from our big country. at all the update for this but you can join me in about forty five minutes to walk on both sides.
a five year exemption from property land and transport taxes as well as an income tax reduction to fifteen point five percent. the special economic zone operates as a free customs own which enables manufacturers to market their products in russia free of in four g.'s the same our region as he said is currently witnessing a sewage infrastructure construction the somare region special economic zone promises exceptional opportunities for developing fuel business. in russia will come to the somalia region for more information log on to invest in some of the. top stories reports of fresh arrests of corporate protesters in new york as
hundreds of solidarity demonstrates an uncommon. rally in the californian city was violently dispersed with riot squads using flash grenades and tear gas. gadhafi family plans to sue nato for breaking the un mandate by striking late humbling as it was trying to flee. is also being blamed for the flood of weapons on the libyan streets which many fear will lead to new violence. and pressure on the e.u. leaders to take crisis solving steps bonnie raitt's results at an all night summit they reached a deal to write off greek debt and get the struggling country another hundred billion euros in rescue that. europe's financial woes are intensifying calls in the u.k. to leave the book next expose the possibility of this happening in the future of the year read the daily telegraph writer who's one of britain's most prominent political.