First video of Athens night clashes as Greece fights austerity

First video of Athens night clashes as Greece fights austerity



Firefighters were called in late on Wednesday to extinguish piles of rubbish set ablaze by protesters in Athens after riots broke out during a demonstration by about 100-thousand people on the first of a two-day general strike. Violence spread across the centre of the city earlier in the day, following the massive anti-government rally against painful new austerity measures. Authorities said about 3,000 police were deployed on the capital's streets.

Britain joins Greece in protests against austerity

Britain joins Greece in protests against austerity


The Greek Parliament passed over a plan to implement new austerity
measures, but tensions still remain high. The residents continue to take to
the streets and wage protests, and no one can tell when the violence will stop. At the same time, more than half a million public sector workers are involved in protests against governmental plans to change their pensions and freeze pay in Britain. Meanwhile, debt ceiling talks are still underway in Washington but to no tangible success. The bad news is still trickling in: last week jobless claims were at approximately 428,000, meaning for the last 12 weeks jobless claims remained above 400,000. Charlie Veitch, the founder of the Love Police, joins RT's Kristine Frazao from London.

Follow Kristine on Twitter at http://twitter.com/Frazzie

Stimulus failed, austerity next for US?

Stimulus failed, austerity next for US?


As many Americans continue to struggle with the economy worsening, is the United States' economy headed towards austerity measures? President Obama told Americans that we need to make broad sacrifice in order to correct the long term fiscal course. Joe Weisenthal says the most likely scenario is some kind of long term sacrifice, such as reducing the cost of Social Security or Medicare.

Austerity coming to America

Austerity coming to America


The 2009 stimulus plan was supposed to get the US economy back on track, however almost one year after Congress passed the Recovery Act the US is still struggling to get its finances back on track. While Wall Street is back to normal, everyday Americans are seeing high numbers of unemployment and home foreclosures. As the stimulus fails, could the US see European style austerity measures?