tv [untitled] August 6, 2011 5:00am-5:30am EDT
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the biggest issues voice face to face with the news makers. of the. top stories on our t.v. just when the us thought it was dealing with its debt it's dealt a blow by a credit score and loses its hallowed aaa crown on arch rivals weighing in on america's biggest creditor signals it's time to ditch the dollar. israel gears up for another round of mass protests the biggest in decades as people rage against a government they say has a bad. travels and russia's drastic bark of the remote far eastern eye wall region will need some dinosaurs were discovered.
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one pm here in the russian capital you're watching r.t. now the united states prize top the aaa credit rating has been cut for the first time ever standard and poor's has dropped america's ranking to a double eight plus the destructive forces a crippling debt which congress has struggled to agree on how to tackle but only an eleventh hour deal to raise the amount allowed s. and p. says that's not enough and falls far short of what's needed to stabilize the government run away far away but the obama administration says the analysis is way off and will damage any recovery artie's lucic half an offer is in washington for us well it really is more than anything a huge a symbolic and unprecedented blow to the united states to its status as a as safe investment basically what this credit rating are lowering does it is it really raises questions about the b. . lividity of the united states and the ability of the u.s.
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politically to get its financial house in order so to speak. russian is here for the american people for the u.s. government could be severe now while this only takes it down from aaa to a.a. plus with a negative outlook threatening in fact that the rating could get lowered even more in the next two years what it does is it potentially it is sends a message that the united states is a risky investment that it sends interest rates going up for the federal government and because other borrowing costs are tied to that that means mortgage payments could go up mortgage interest rates can go up car interest rates can go up and really the rest of the u.s. economy could be severely affected now one thing that we do have to keep in mind here is that the obama administration had pointed out that the s. and p. had made an error of about two trillion dollars in. projections in releasing that information now the s. and p. doesn't make these decisions based on any sort of special information they really it really is
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a political reaction based on facts that are available to just anyone and so the other thing we have to keep in mind here is that these same credit ratings agencies essentially allowed top ratings to continue in the united states at a time when we were investing a lot of money in these mortgage securities that essentially in their laps and pulling down the u.s. economy with it so they don't really have all of that much credibility in the eyes of the world market still however we don't know what will happen come monday when the markets will open and if those interest rates do rise there could be a root ball at this very unstable economic time here in the united states with the passage of this debt deal the u.s. government's hands are essentially tied in terms of stimulating the economy in terms of any sort of new spending that could boost growth we saw g.d.p. growth stalled to almost a crawl in the second half of the year we saw on top of that the jobs report that came out on friday for the united states while it was somewhat positive but actually show. negative growth because it means that more people here in america
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have given up looking for work so politically there's really not that will in washington to do what's needed to stimulate growth and financially they simply do not have the tools in their possession in order to improve things here and so while these credit rating agencies may sometimes be accused by some financial experts of having missed the mark long ago these small tiny in terms of higher interest rates could really really cripple what's already seems to be a worsening recession here in the united states by u.s. based business expert george who told our team that your credit score reduction is due to political bickering on capitol hill which is gripping everyone else down it's a strong message to the politicians in congress this was the white house said it better deal with this crowd would you seriously play politics it's really matter a matter. can the u.s. afford to pay the debt because u.s.
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is always created by printing more money that's been historically. what's different about this time is that the members of congress choose to troll and hold the ceiling hostage to other issues other issues having to do it with taxation and spending. and so on and so forth and they're not able to reach any color on those other issues and therefore they decided to play chicken or play you know play brinksmanship on their ear on the national debt and i don't think they fully appreciate that pam each school has to. be in a state. right now to qana mr richard wolffe told our team that america's financial recovery plan was doomed from the start. we've had twenty years of being told that
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our private enterprise economy is the royal road to success and prosperity forever then we have a crash of that system now we've had a recovery by a government that took care of the banks and insurance companies first and assured us it would trickle down it's not trickling down that's what these unemployment numbers mean that's what the increasing foreclosure of people being thrown out of their homes means and so on the stock market is finally the investment community itself realizing that this system is broken and there is nothing on the horizon to take it out and the anxiety that used to be among all the average people the vanishing middle class and all the people worried about government spending that anxiety is now spreading even to the top of the economy as they realize they've gone way too far and may have killed the goose that is laying the golden egg at
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least for them but china is strongly demanding the united states sorts itself out and soon they should discard a major interest because it's america's biggest creditor and by a long margin or even so china's making it clear that maybe it's time for a new reserve currency instead of the dollar artie's preassure is the nation's third largest economy every year with more of the region's concerns. asian markets are tumbling they were tumbling on friday obviously we don't know what's going to happen on monday in specific reaction to this news but many analysts many financial analysts here predicted this especially after the u.s. debt ceiling debate that took so long and in many ways is what people are saying led to these lower approval ratings i guess you could say so the markets have tumbled here people are losing confidence in the american economy obviously there are things that soaring there is think a lot of decisions not specifically being made when it comes to that two point four trillion dollars in cuts a lot of people are wondering if it took us this
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a long to come to a decision just to raise the debt ceiling how much longer could it take to actually figure out but typically where to cut and asia has a very vested interest in this if you think about what these ratings actually means that means that the united states won't be able to repay a lot of their loans in asia actually hold three trillion dollars in the united states alone so people here are watching what's happening in the united states very closely. and busters are getting k.g. on the back of what's been a tough week for america's economy gibralter says they're ditching. all the asians already know that america's got problems all of us are already moving out of u.s. government bonds everybody in asia knows that we never got out of the first local recession unemployment in america is still higher than it was in two thousand and eight the american dad is skyrocketing going through the dead to the roof america is in worse shape now than it was before america spent
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a lot of money and the people who got that money are better off but the overall situation is much worse america's quadrupled its then america if you take in they consider big things that they guarantee they printed huge amounts of money you know the world has gotten worse the world hasn't gotten better we will either inflate pay people back in worthless money we will in trade it away we will change the rules we will put on exchange controls or bisher the us will talk that's why people are moving away from us government bonds because everybody knows that the us is in serious trouble and the debt situation is getting worse and worse not better and better all the downgrade it came too late to hit here of stock markets but it has already taken hammering this and being battered by the euro zone and america's debt difficulties are he's down a bushel is not the fall out in brussels. we trust. the agency to truly miscalculation when deciding this downgrade they claim to have
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the world's best minds working for them to really surprise people here because most know that's a murder suicide unsustainable for many years now with everyone apart from the rating agencies it seems and the collapse and the credit crunch they still have aaa ratings on those companies now that made the agencies lose their reputation but people lost their whole savings and triggered the world recession that followed. furious about some peace double standards they held with the white house before this decision. when it would take place what would happen. to prepare a smooth response to the media and even question the agency's judgment of the happened last week when the agency's graded the european union countries and their ratings now that suggests that the agencies are saying the very least and as
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a result the european union is creating its own agencies. for america will see themselves having to pay more and more interest on their loans and having to pay more. is bad really for everyone around the world who lend money to america because it raises the risk of not getting that money back. all one small step for man one giant black hole for. new york to ask what's the difference between our debt and both of our leaders. it's much worse for a government to be why because we trust the government to do the right thing and they're doing absolutely the opposite of that we don't you trust yourself to do the right thing and live within your means you get so that i can pay it off. well and governments max out their credit and how to set things straight that's coming up in a few minutes. and the painful balance allegiant top secret document shows british
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officers were encouraged to weigh up how much they torture prisoners the pentagon how much information big would get. a discontent in showing no sign of abating with protesters planning a third recount of social protests want to live in street has already been renamed by some bad stuff there square which is referring to the site of egypt's uprising as artie's paullus leader reports the number of protesters is growing steadily. they said today saturday tens of thousands of protesters will be taking to the streets here in tel aviv as well as in several other cities around the country where they'll be holding mass rallies against the government they're hoping to top of the one hundred fifty thousand nationwide who took to the streets last weekend this is the first saturday in the road that protest all be held they are united under the band that the government has abandoned the people and the central message
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coming from organizers is that the people are taking the country back now the plan tonight is for demonstrators to march for the last time we have all read the responses repeat it tames city has been established the final destination is not far from here at the curia defames compound and there they'll be holding a mass rally because into a number of demands on the government and civil speakers several popular singers also prisons in the last week there have been a number of smaller demonstrations that have been held for civil law was earlier this week taxi drivers blocked off a number of main roads they were protesting against the high cost of diesel there was also another protest among teachers university consistencies students and they were united under the banner we education for all and another demonstration just yesterday we hundreds of parents with students took to the streets and they were protesting against the wizened costs and the high cost of having children feeling as well the israeli prime minister. has been surprised by the massive supports all
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these demonstrations and his government is still struggling in terms of how to deal with them essentially what you can hear some people here in israel saying is that in the time yahoo was so obsessed with gathering intelligence for the third solo from the mediterranean there he missed the opportunity to see what was happening here under his eyes want to see on t.v. tel aviv. closer to my bird than someone says prime minister netanyahu doesn't realize the protester rooted in public rage and not from political rivals. people here are yelling out shouting us keeping industry and talking about tens of thousands he won't see the police shooting or beating the protesters it's a very polite it's very strong in a very polite as to how can change the policy of the government and how to have a better life in israel for the time being there have not been any wounded in the
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last three a few weeks i don't think it will be different in the coming weeks this is a strike of israeli professionals it's not of unemployed people we have almost no in the ploy then but you do everything and see if you cannot have a decent life this demonstration that has no right wing or left wing views it is most of the mainstream israelis who feel so bad about all their lives and they go to the street like tonight and maybe next week and i don't think mission a ten year old gets the right view of these demonstrations in think that political parties are behind it and he's wrong. and on our website get more of what's right from the epicenter of the demonstrations in israel or activists and journalists say that with hardly any global media attention the government can easily ignore the pressure to improve living standards of more on this story are right at r.t. top card.
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the people of the united states and their friends and allies will not live at the mercy of an outlaw regime that threatens the peace with weapons of mass murder is a regime as an active program to acquire and develop nuclear weapons and let there be no doubt about we know for a fact there are let's say. this were just being carried out into the direction of dr david kay respected scientist and former u.n. inspector was leading the weapons search in iraq we are determined to take this apart you have a tremendous a group of dedicated american men and women involved in this with the best assets of the intelligence community can provide. data cheney is not going to be done with this for quite some time david kay wants more time and he says it could take
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another six to nine months to make a definitive finding ministration is asking congress for hundreds of millions more six hundred million dollars to fund a continuing search have not yet found shiny pointy things that i would call a weapon before we can draw from conclusions we need to let the iraq survey group complete its work. we were all wrong probably in my judgment and that is most disturbing. sometimes the true patriots takes the unpopular course but helps the country and wooden stakes and even if they come this way at least for the time patriotism is the last refuge of scoundrels and i think these are scoundrels they have no argument now they have no defense for what they did the country is in a terrible international security situation that i think is perilous so they're attacking the patriotism of money.
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welcome back british intelligence services have allegedly been of violating international law for almost a decade only top secret documents suggest that agents were permitted to use information taken from prisoners under duress overseas officers were asked to balance how much they expected detainees to suffer against the value of the information they could get they were also given political protection from prosecution and human rights activists are demanding of their inquiries but fear that any questions will be met with a wall of silence is terrible for obviously international explains. and there are a few key reasons why the inquiry is unable to do its job properly and the first of these is the rather shocking level of secrecy that surrounds the inquiry and much
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of the inquiry is going to take place behind closed doors and no information will be released to the public without the say so of the government which is it's very worrying for an inquiry they're supposed to be getting information to the public about about what's been going on very much hope that they will see that there will still be an inquiry which is open and thorough and transparent and i think if there is a full open inquiry and lessons are learned from that then the u.k. can restore its reputation in the world by then making sure that it does in the future learn from the lessons of the part. and supporters of ukraine's former prime minister yulia tymoshenko have set up a tent camp in the center of the capital here and continued protest against her arrest for contempt of court she has been on trial since june over alleged misuse of power while signing gas deals with russia in two thousand these are charges she denies her supporters called the case politically orchestrated by the country's president throughout your court which they rallied on friday trying to block the
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armored vehicle taking to go to the place of her detention but weren't dispersed by police. that's a look at other world news in brief now fresh clashes in syria have seen at least ten die as government forces rounded on the protesters in the city of hama six a crackdown has killed around two hundred people and rallies intensified after the first friday prayer since the start of the holy month of ramadan international condemnation of the violence is growing and the u.s. is working on new ways to reinforce the situation and the yard sign actions. sheilas government says it arrested almost nine hundred people during a violent protest which also saw ninety police officers injured the students and teachers were taking part of the latest demonstration for universal free education the barricaded streets with burning tires and occupied a t.v. channel demanding it broadcast their message there have been
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a series of large education rallies in recent weeks. typhoon wi-fi is on its way to china leading to more than two hundred eighty thousand people to evacuate to safety and to eastern coastal provinces the storm has already hit the philippines taiwan and japan severe damage is expected to thousands of vision goals have been called into short and of urgency crews are on standby. but next to travel thousands of kilometers east of moscow but millions of years back in time. were in the far eastern of war region its rich geology has an abundance of precious and valuable metals which is driving it's just real expansion but artie's alice hibbert has met one team whose treasure lies not in gold but in bones. this week
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the rush to close up team is coming to us all week from the far east and more region now the many as regions distinctive juice to its proximity to china and its vast reserves of war materials and natural resources but one paleontologist and his team it's the bones of ancient dinosaurs discovered deep within the ground here that will put this we just firmly on the map. you really belong ski is a man obsessed with potholes a bygone age when dinosaurs rule this part of russia he may have been born in the countries that rest in areas but it's the far east untapped jurassic history in the animal religion to which he's devoted his life to restore the curvilinear. be known since about nine hundred forty eight an unbelievable number of bones are buried here and i think we'll be digging for at least another two years literally everywhere here the animal region is looking at one of the few functioning
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archaeological sites only here on the site boast of having produced a complete dinosaur skeleton that discovery made a decade ago led to the recognition of a new breed of dinosaur a lot or to tan or giant swan twelve nice along have all found almost exclusively here and it was you the son who first spotted a fragment of tail bone sticking out of the car and son went on to make paleontology history than sings followed in his father's footsteps it's painstaking work requiring patience and skill in equal measure when we discover the wrong way we begin to remove the ground around it from what were you euthanized for your hand and a shot. where a girl forward is low because zero can be more in the ground around it. but why does it. yuri and his team of been excavating this site for the past three
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years and already they found well over one thousand dinosaur bones approximately sixty five million years old but they believe that the bones of hundreds of more dinosaurs i get to be found within this small plot alone i'm told that these are all new slightly the fragments of another giant duck billed plant eater unique to the region and named in his honor they are more saurus is another previously undiscovered breed credited to team a lot ski which includes natalia also and scientists it was she who came up with both steiner saul's names as well as taking day to day charge of running the region's only. oratory and museum each new discovery mist be carefully catalogued and examined the aim is to inspire the next generation of dinosaur hunters was one ensuring the family's feats don't do i remember that i read. here you can see
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a photo of your a lot skinnier pics creation sites and here you see photos of my bonus hours this is a skeleton of an immoral sarras what a strange working reptile isn't it and so learn from the follies of history as miles and this is charles marsh an american probably until august in one thousand nine hundred seventy he visited moscow and announced that there were no dinosaurs in russia and everyone believed him. luckily you do you belong comes from a long line of scientists you chose to follow their own instincts and secure more as place in the history books as one of the world's foremost sites for paleontology it was their determination and no small amount of digging revealed a dinosaur junk parts alice a bit r.c. . and back to the us and the drama of the scene and stopped your credit rating take a long if you want to get into debt the bag is on our backs without delay yet it's only now that america which australian's is seeing its credit score decline all
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that talk for a whole story harford as people in new york why americans are so keen on warwick. why do you think so many people allow themselves to get so far and that is the is the age that we live in everybody sees that the person next door that they've got the brand new car that the lifestyle and that's what they want is so much advertising and people just want you to spend money so i think that's the difference between americans and europeans but you have advertising in europe are you just you don't pay attention to it or. i think we pay less attention to it and we probably think a little more about what we need and what we can afford it's all about thinking yes i think so is it worse for you to be into personally that it is for
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a government to be in such. as much work for government to be and why because we trust the government to do the right thing and they're doing absolutely the opposite of that but don't you trust yourself to do the right thing and live within your means i do. such that i can pay it off debt is dead it's bad for governments bad for individuals and the government should show leadership show they got to clean it up do we really expect our government to get its act together if we can't get our act together for small families we can only hope that individuals and the government will step up and make a difference whether or not you're in debt personally the bottom line is we've become a planet of debtors so it might be time for all of us to rethink what it is to live within our means. allow the back with a recap of the headlines in just a few moments to stay with us here in our team.
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ancient tribe fights to save its culture. where cranes are protected in the first ten times on official nature reserve. to the ranger. bush a close up of the r t. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. china corporations are all today.
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