in india oh geez available in the movie the joint people to the home of villains the gateway to the grand imperial. torch was pushed coromandel you can a letter to the closure see don't need to go and. read this and the colonel was hurt as you secure a treat. washington agrees on measures to avoid a default and a debt crisis which is weighed heavy over america while president obama reports on the deal success a plan to save the country from economic collapse is criticised for failing to solve patients long term financial woes. the west threatens to punish the syrian regime for the latest round of crackdowns on protesters which reportedly killed more than one hundred people on sunday some experts were on the foreign interference roommate plus his words. and arming tendencies

stone years not c.s.s. veterans and supporters hold rallies to say that glorification of nuts is and will give rise to nationalism and xenophobia across europe. so you're watching r.t. live from moscow welcome to the program u.s. lawmakers have finally reached an emergency deal to avoid a disastrous debt default after weeks of political bickering and stalemate if passed by congress the two step compromise will let american morning to continue after tuesday in exchange for more than two trillion dollars in federal cuts in the next decade it was struck on the barack obama held last ditch intensive talks and democrats and republican leaders but only increasing america's debt limit pretty critical struggle is far from over but the. he issue of how to balance the budget

being put off for a later date when you cross party congressional committee will be set up as part of the deal to advise on cuts including tax reform medicare and social security but i was really no reports that torturous and the road to reaching agreements has damaged america's reputation. and help us avoid the four debt ceiling nation default and this crisis time's running out the entire world is watching it's been a public spectacle filled with figuring grandstanding and lack of compromise i devise of debate over raising the u.s. debt ceiling created an unprecedented climate of uncertainty over america's so-called sound economy the damage been done no matter what happens now everybody really thinks the united states isn't so secure it isn't so safe even if the craziness subsides it seems to have got real close and who knows whether the next month next year this won't blow up again since the underlying causes economic

problems are getting worse in this country for forty five trillion dollars of america's borrowing is owed by foreign countries experts say washington's mismanagement may cause investors to abandon the devalued dollar and end their partnership with america is like being married to someone does. the richer you want to know what will i do how much can i put up with this relationship the u.s. will be in for a long time the only game in. the your community is making noises chinese making noises you know we're alone now in our ability. as it were for financing in the world the result could spark a replay of the two thousand and eight economic meltdown except this time washington not wall street would be responsible for the first time in history our country's aaa credit rating would be downgraded leaving investors around the world

to wonder whether the united states is still a good bet. interest rates would skyrocket on credit cards on mortgages and on kora loans which amounts to a huge tax hike on the american people as the countdown near zero all three big reading giants movies which and standard and poor's threatened america's how load triple ace or unless a deal was hammered out and that fourteen point three trillion dollar debt getting higher and economists say america's unsustainable budget deficits are the biggest threat to the nation it's like the batteries worn out the spark plugs don't work the tires are flat all of this and so what we're trying to do is say we've got a little bit of money in the bank let's pay that down but we're not doing anything to fix the economy and so we're putting ourselves in a bigger and bigger hole not just because of the dad but really because we're not creating any way to get around it that instead of the u.s. president repeatedly asked americans over the past week to join the campaign to

borrow and spend more make a phone call so the e-mail tweet keep the pressure on washington and we can get past this while the eyes of the world's have been following the heated saga playing out between u.s. politicians the main problem not going away is america's debt and a growing realisation that elected officials may never be capable of agreeing on how to solve it. r.t. new york. the president of the leading new york based financial advisory firm says the stalemate interesting to states and struggling to overcome is left little time for a complete solution to be reached. we had the possibility of having no deal which would have been the worst possible outcome and would have gotten us into the files that fortunately is going to be averted right now what we're talking about is getting an extension that we can pay our current bills and what is on the table is

essentially our proposals that will cut spending anywhere between one to four trillion dollars over the next ten years a lot of this i think is i mean it's good that it's happening the way it's happening is not very good because i think we were three to six months ago in a position where we probably could have had a more substantial deal to solve the problems and i think we could have had something far superior to this if we did not have the extremes big stream of swings of both parties digging in for so long now over these last three months. what economic experts max from told us he'd a compromise achieved by us that a status changes the speak of the debt growth in the bigger problem. this whole crisis started as an opportunity of political theater these guys couldn't even choreograph success out of their fake crisis and so now we have

a huge international failure which has already done possibly lasting and certainly serious damage to the standing and reputation of the united states of america how hasn't much been mentioned that not a single plan out there reduces the national debt they just change the speed by which it grows all the showdown all this fanfare is about changing the exact forecast ten years speed of debt growth none of these plans make real efforts to reduce the long term problem of insufficient revenue and these plans do reduce spending in ways that will be painful and for many communities in the united states transformative but that will only reshift focus on to the more important long term issues of the absolute in sustainability of being committed which we are committed to having insufficient revenue for the amount of spending that we're going to be doing for the forseeable future while having a fourteen point three trillion dollars national debt this process itself has and continues to hurt the faith and credit the world has in the united states. warfare

chief economist at green press capital talking to r.t. from new york. although not susan is condemned worldwide there are still pockets of support in some areas of europe and weekend the veterans of c.s.s. which troops in the second world war rallied on the anniversary of a battle with the red army at the same time authorities refused to authorize a rival anti fascist demonstrations results he's surface discovered a stone in a show of support for nazis and he's feeling a dangerous new ultra right movement. well here in the estonian town of cinema nineteen forty four is the scene of fierce fighting between state it's soldiers and yes this is we're here by the monument to commemorate the save its soldiers that died in that fight less than a mile away it was also a the scene of a gathering of veterans of this day near weapon and there is widespread criticism

for glorifying not theism. of. former soldier yourself with officers i offer on the theory but if it's something the moment you don't think about it later think about the people. on the floor. country and most of year at these kind of events abounds in both north and to hear it interesting years a different story altogether. it's common in the story to call these people freedom fighters we hold or protest rallies on the stream g. they hold this event to remind them what they are given allegiance to hitler can tell them not to have never liberated. moreover money of them are engaged in and all of them are more or less an accomplice of the crimes committed by nazi germany . in fact in recent years he is still in you know thirty's and made it increasingly

difficult for those who come to the event this year once again members of the anti fascist movement detained at the buddha. by the police the car we were traveling in was also a stop for questioning on the way am. i have an entry prohibition contrave of course i wanted any kind of other opinions than their own opinion which is very very much supporting the. revival of the far right across europe has caused growing concern ultra right parties a gaining ground in countries like australia finland in france savage sluice are by far right extremists and his bravery can always recently has driven home just how dangerous these fees remain i think this is a problem with the. uprising of.

extremism and far right wing extremism and the fact the police authorities should. calls calls the yard's. is he you say far failed to take decisive action to stop nazi commemorations within its borders bush's push for international legislation to condemn the glorification of wartime fascism that events like the one in its thing and make it glaringly clear the not all countries are on board critics of this event hardly that the gathering for advice of for and dangerously a fascist state there is the government's failure than it is seen at the very least as being morally and politically insensitive sarah ferguson r.c. . but some come later this hour the dark side of the immigration party discovers hundreds of migrant families forced to pay rent illegally in old abandoned buildings across central moscow. washington and germany are

threatening to take decisive action against the syrian regime which allegedly killed more than one hundred people on sunday government forces raided the city of hama with tanks we can have a call the opposition stronghold is the latest round of crackdowns on protesters calling for president bashar assad to step down. one and a half thousand people are said to have been killed in clashes since march germany is calling for an emergency session of the un security council to convene on monday syria is already under a set of american e.u. sanctions but the president of the arab world as association with the west doesn't have the credibility to fear in syria's. the interference of the outside world in my view can be counterproductive unless it is directed properly rather than just making these wild statements like for instance the usa will decide whether the

president of syria has lost in the sea or not everybody is asking what right do the americans have to put this question anyway let alone deciding it but they seem to be doing this selectively they're better put syria in the belly with libya but by the same down they have not done it with yemen they have not done it with other places where there is uprising including battling for instance when president obama says what he's saying everybody in syria and out of world will immediately respond by. the rest of the afghanistan situation all of these things so dreams are low and it doesn't give any comfort generally speaking the world seems to be content with condemning and making these wild crazy statements well i would say you know the regime is less than a dollar not there are where it should be it's using use of force the world can play on all but i think the present moment is not playing the cards. with calls

mounting at the u.n. for the security council to take action on syria russia still opposes any resolution against them ask us wants next could lead to a libya style scenario where the nato led coalition has make use of stepping outside the limits of its un mandate little later this hour russia's deputy foreign minister tells r.t. other syrian should be solving their problems themselves. we believe that the city and should address their problems as part of their domestic agenda this isn't turn a civil conflict and it should not be internationalist plans for the situation in libya of course every country is unique in terms of its particular situation of the background of its conflict in the form of the skill of public cruelties the senator from the other hand we should learn our lessons a number of international. twenty degrees from the street observation of both the instructions under spirit of these resolutions therefore we are not really concerned that such loose interpretations could only result in making some of the opposition circles taking their position and ordered for tougher approach which is

by no means a post of achievement in terms of finding a mutually acceptable solution of the of course the more. secular caterson of international headlines this hour the suspected leader of one of mexico's most notorious drug cartels has now confessed ordering the one thousand five hundred people police arrested a thirty three year old man known as l b ago friday accusing him of being the head of a gang of hired killers working for a major crime ring the cartel controls the illegal transfer of drugs into the united states from. deadliest mexican city where more than three thousand murders took place last year. clashes between libyan rebels and colonel gadhafi is a loyalist left six people dead. in hell city of brain guernsey the fighting started when rebels attacked the forces that aided the prison break of some three

hundred pro gadhafi and soldiers comes less than a week of the revolution command and libya's former interior minister. during the ongoing civil war in libya began four months ago what's the two thousand people have already been killed in the fighting. north korea has announced its willingness to resume international talks to end its nuclear arms program the comments come after iraq in a program diplomat visited new york for talks with u.s. officials last week north korea has been under international pressure to dismantle its nuclear weapons program since two thousand and three of them pulled out of talks in two thousand nine. hundred for the long range missile. because way that says it plans to reduce its prison population by some forty

percent as part of a move to ease overcrowding the country's minister for prisons wants to see some twenty thousand inmates in time for minor crimes released relationship comes a moment of the riots in london is very jail left more than twenty people dead but government has allocated almost one hundred million u.s. dollars in its aid to reform the prison sector. over the weekend tens of thousands of israelis took to the streets across the country in anti-government protests after more than two weeks of rallies and demonstrations housing costs have tapped into wider discontent among israelis over the high cost of living in the growing gap between rich and what people are demanding swift economic reforms and social justice. country's prime minister and minister know who announced that he will gather representatives of various groups to form a plan and that easing the financial burden on israeli citizens.

be a top u.s. military commander has criticised not to start for not doing enough to root out al qaida a visit to kabul no movement so the border region between afghanistan and pakistan remains a safe haven for terrorists from other installed comes as the u.s. begins to withdraw its combat troops from afghanistan and the control over parts of the country to move forces the taliban it remains defiant latest suicide bomb strike killing people in the south where country. washington is racing to cut its real spending which is skyrocketed since the start ten years ago it seems contributor thinks the u.s. should abandon its conventional military strategy. what is the most obvious. the most necessary measure to slash the u. s. budget deficit for the first time in the us history it was not the democrats it was

the republicans who launched a fiscal counter offensive against the a sleepy white house regarding how to assuage the budget deficit specifically in military and security fears the main challenge for the fiscal sanity of united states is american military doctrine of strategic bovril each one has to be done that is to ditch the conventional bunker mentality build the conventional bloated pandering and budget and to shift into unconventional a symmetrical vision of the new and incoming challenges to the united states and to the whole world. i mean other knees a tornado swept through russia's far east killing one person on its path of destruction twenty eight other people were injured when a natural phenomena considered random region the twister tore through the center of a city ten rooftops from one hundred buildings and the ten cars in trees and

disconnects and power lines but the roads are now cleared estimated one hundred fifty homes are still without electricity. which is not a bit torrent site at the same dot com. so there we have more news updates and videos online for you this is some of what's waiting for you right and help the disabled former miner who kills his action for sailing by exploring russia's many rivers i think roger is setting course for europe. also online legendary australian veteran on europe and the sun get ready to rock moscow in their highly anticipated gig of the russian capital.

first. the russian capital has long attracted people from neighboring states in search of work and a better life but often low paid migrants in moscow were taken advantage of by broke landlords with artist on bought and discarded families are being charged in the equally to live in a brand and build buildings the origins look the other way. at first glance it looks like a case of illegal immigrants squatting in a former architectural gem. this used to be part of the moscow conservatory. this building here in the center of moscow was formally empty we heard but now there are many immigrants living here in very poor conditions are illegally right in the center of the city. but they would perhaps have gone unnoticed if it weren't for the fuss raised by point center a group of the local residents wanting the migrants off their doorstep. with little

village in crowded conditions who knows what diseases they may have many of them don't work where they get money to eat meat stealing or committing other crimes that most people and his fellow activists call the authorities and the next day we return with officers of the federal migration service. for. the migrants who do open their doors soon wish they hadn't but his natural course in my career you can read through for this place for what i'm just against you just a guest do live here most are too scared to talk to us but what we do learn points to a far larger and more shocking story they aren't squatting they're being charged rent . a man comes to pick up the money from everyone living here i only know his face not his name stop filming me so if we go into one of these rooms this room here as

you can see it has one two three four five six beds who knows how many people have to sleep in this room and if we come on to this room here there's two beds possibly more in here that lady doesn't want to talk to us but each of the people that are sleeping in these rooms pay three thousand roubles every month to do that as the migrants are led outside the questioning changes from what are you doing here to who is keeping you here eventually one of the group quite center provides an answer when you brag about what you can assist the local housing community it happens all . over moscow is unemployed and of an illegal immigrants they're forced to pave seen old in abandoned buildings if they can't they're frozen out and what about the illegality of this. of the local housing committee in terms of shares its earnings with the city council and a district police inspector because it's impossible without their consent but when we took these allegations to the federal migration service they admitted it wasn't

my quince fault they wanted someone to live in the moscow central district government was even more damning confirming our suspicions and admitting that the rot goes deep inside the housing administration that's clear the only that. it will proceedings should be initiated and the kids should be in this to get in taken to court or else other officials abusing their job positions will worsen the habit of letting dilapidated hoses to legal migrants. are investigation revealed just a small part of the scheme to charge illegal rents but hundreds of sites across moscow to people in a desperate position and by providing false hope of a place to live they're only going to encourage more misery for residents and migrants alike tom watson r.t. . i started businesses there history. hello and welcome to business here in our teeth thanks for joining me

a monday morning well prices mean significant gains after u.s. president barack obama announced a framework debt limit deal head of tuesday's deadline like sweet is currently trading at ninety seven dollars per barrel while brant is one hundred eighteen dollars a report from europe's biggest company world that sells the time of low cost oil and gas and then it says finding resources will be more complex and require more money and investment but whether this will mean a cash bonanza for nations is an open question. the cheap energy is a function again of the financial market and the financial market on the aggregate . towards countries that want to inflict their situation out of the trouble right by inflating their systems these things they get out of trouble by inflating the system that leads to higher commodity prices with screens call for

oil or. i think that's what you were asked to do. and i think that's what the u.s. has to do so from a russian point of view on the aggregate over the long term the oil prices will be higher. by more things with the money i don't think so because this is really a reaction of inflation. and let's. take a look at the market figures precious metal prices are in the red as investors turn to risky assets on a positive news over the u.s. debt ceiling gold is losing around point eight percent. down over a percent asian markets bounced back from last week's losses as investors gain confidence that the u.s. will that the u.s. will avoid a default japanese nikkei is adding almost two percent of our exporters among them a. gain is there with car maker honda up almost three percent and dragging stocks are among the best performers in hong kong h.s.b.c.

holding climbed one point eight percent after announcing a deal to sell almost two hundred of its u.s. retail branches to first niagara financial group told one billion dollars. here in moscow the r t s m i six started president of august trading in two hours' time they closed down on friday with financial and energy stocks among the worst. there's the uncertainty of the u.s. debt resolution should be the main driver of investor sentiment on monday meanwhile michael's time for what creates he says there's a lot of domestic means to get additional support to the uk it's. going forward investors are going to teach cues from external dividends to a large extent in any case of the markets likely to remain quite volatile as we head into august as the summer volumes dry up and as we head into months which historically is correlated with bad news today rosneft will be hosting a conference call to discuss their second quarter numbers which were released on friday. protect is going to release

a second quarter operating update in the central bank of russia is likely to make an interest rate decision we expect like most houses interest rates remain unchanged for the month of august. that's all for now in fact worth more obviates about for us.

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