on saturday here in moscow with me roll received by the united states prized top aaa credit rating has been cut for the first time standard and poor's has dropped america's ranking to double a plus the destructive forces the crippling debt which congress has struggled to agree on how to tackle with only an eleventh hour deal to raise the amount allowed s. and p. says that's just not enough falls far short of what's needed to stabilize the government's runaway boring but the obama administration says the analysis is way off and will damage any recovery. foods 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 safe investment basically what this credit rating lowering does that it is it really raises questions about the validity of the united states and the ability of the u.s. politically to get its financial house in order so to speak the record here for the

american people for the u.s. government could be severe now while this only takes it down from a 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 sends the message that the united states is a risky investment that could send 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 a political reaction based on facts that are available to just anyone and so the other thing we have to keep in. i'm 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 the pub lapsing 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 showed negative growth because it means that more people here in america 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 effect in terms of higher interest rates could really really cripple what's already seems to be a worsening recession here in the united states. a photo report well i mean time. based business expert george who told us that the credit score reduction is due to political bickering on capitol hill which is bringing everybody else down. it's a strong message to the politicians in congress as well as the white house said they'd better deal with this problem seriously and not play politics it's really a matter a matter. can the u.s. afford to pay the debt because us it always paid

a debt by printing more money that's been historically the case what's different about this time is that the members of congress choose to strong and have hold the debt ceiling hostage to other issues you don't have the issues having to do it with taxation and spending and title amendments and so on and so forth and they are not able to reach any of coal or on those other issues and therefore they decide to play chicken or traits you know play brinksmanship on the on the national debt and i don't think they fully appreciate the damage that this move has done to to the prestige of the united states and a renowned economist richard wolfe author and author you that america's financial recovery plan was doomed from the start. we've had twenty years of being told that

a private enterprise economy is the royal road to success and prosperity forever then we had 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 least for them i mean time china is strongly demanding the united states sorts

itself out and soon beijing's got a major interest because it's america's biggest creditor and by a long margin even so china is making it clear that maybe it's time for a new reserve currency instead of the dollar. is in asia as a third largest economy out of india with more on 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 seeing a lots 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 the u.s.

this so long to come to a decision just to raise the debt ceiling how much longer could it take to actually figure out specifically 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 investors are getting k.g. on the back of what's been a tough week for america's economy. ditching the bones. 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 global recession unemployment in america still higher than it was in two thousand and eight the american dad has skyrocketed and gone through the dead to the roof america is in worse shape now than it was before america spent a lot of money and the people who got that money are better off but the overall

situation is much worse americas quadruplet instead america if you take in the consider the 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 people back in worthless money we will in trade it away we will change the rules we will put on exchange controls obey sure the u.s. will default 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 and of the downgrade came too late to head europe's stock markets which are already taking a hammering this week being battered by the eurozone and america's debt difficulties daniel bushell is on monitoring the fallout in brussels. we used downgraded trust in the rating agencies to junk status. as the agency admitted a two trillion dollar miscalculation when deciding this downgrade they claim to

have the world's best minds working for them hasn't really surprised people here because most know that america's has had unsustainable for many years now well everyone apart from the rating agencies it seems and the day before firms collapsed in the credit crunch they still had aaa ratings on those companies now that made the agencies lose their reputation but people lost their whole savings and triggering the world recession that followed. the rules are furious about peace double standards they held long talks with the white house before this decision they briefed them about it when it would take place what would happen and that's allowed the white house to prepare a smooth response to the media and even question the agency's judgment none of that happened last week when the agencies graded the european union countries and their ratings now that suggests that the agencies are saying the very least as

a result the european union is creating its own agencies will do this downgrade for americans who will see themselves having to pay more more interest on their loans and having to pay more on the debts is bad really for everyone around the world who lend money to america because it raises the risk of not getting that money back. don't you push your reporting there from brussels well one small step for man one giant black hole for a government. what is the difference between. those of our only. much worse 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 mean dead so that i can pay it off more views on why people on government credit to set things straight that's coming your way in just a few minutes here with. a painful balance to top secret documents

shows british officers were encouraged to weigh up how much of a torture prisoners depending on how much information they could get. discontent in israel is showing no sign of abating with protesters. social protests one street has already been renamed by the square which of course was the site in egypt. and. reports the number of protesters is steadily on the rise. places of a 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 there hoping to top the one hundred fifty thousand mason white who took to the streets and last weekend this is the third saturday in the road protests all being held they are you know recent under the ban that the government has abandoned the people and the central message coming

from organizes is that the people are taking the country back now the plan tonight is for demonstrators to mark what's called would abolish the basic concept we came to the city has been established the final destination is not far from here at the curia disclaims compound and there they'll be holding a mass where you presume to a number. of demands on the government of the civil speakers several popular singers also players and 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 professors and students and they were united under the banner we education for all and another demonstration just yesterday we hundreds of parents with strollers took to the streets and they were protesting against the wizened costs and behind costs of having children failing as

well as many prime minister. has been surprised by the massive supports these demonstrations and his government is still struggling terms of how to deal with them essentially what you can hear some people here in israel saying is that in the tanakh it was so obsessed with gathering intelligence for the for to live from the mediterranean that he missed the opportunity to see what was happening here under his eyes want to see on t.v. tel aviv. and knesset member daniel abend cmon says prime minister netanyahu doesn't realize the protests are rooted in public rage and not from political rivals. people here yelling out shouting are sleeping in the streets and talking about tens of thousands you won't see the police shooting or beating the protesters it's very polite it's very strong vested very polite as to how to change the policy of the government and how to have a better life in israel for the time being they have not been any wounded in the

last three and two weeks i don't think it will be different in the coming weeks this is a strike of history professionals it's not of unemployed people we have almost no one the ploy that 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 how they live and they go to destroy it like tonight and maybe next week and i don't think mr netanyahu gets the right view of these demonstrations he thinks that political parties are behind it and he's wrong. website to get more reports right from the center of the demonstrations in israel. with hardly any global media attention and can easily ignore the pressure to improve living standards more of the story of course.

this is a cable from the u.s. embassy in colombo to talk about here an apparent june seventh incident of extrajudicial executions the military ordered to the press that they'd killed nine guerrillas in that situation but i. strongly suggest however that the nine were executed by the army and then dressed in military fatigues. you know this kind of phenomenon where bodies are dressed up as guerrillas and presented as killed in action and this and this idea that you need to produce these actually encouraged paramilitary collaboration this is a cia document central intelligence agency they knew about these activities they

knew they were happening they knew about links to paramilitary groups and yet. usaid continued to. welcome back here with moscow on the two seventeen british intelligence services have allegedly been violating international law for almost a decade now leaked top secret documents suggest permitted to use information taken from prisoners under duress overseas office as well as to how much they expect the detainees to the value of the information. they could get they were also given the political protection from post prosecution human rights activists are demanding an open and fair inquiry but fear any questions will be met with a wall of silence as torah lile from a mis understood international explains. 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 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 you know getting information to the public 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. you where there are no supporters of ukraine's former prime minister yulia timoshenko have set up a tent camp in the center of the capital kiev in a continued protest against her arrest for contempt of court she's been on trial since june over alleged misuse of power while signing gas deals with russia in two thousand and nine. the case politically orchestrated by the country's president

look over which they rallied on friday trying to block the armored vehicle taking to machine go to the place of her detention but were ultimately disposed of by. all right so let's get some other world news for you in brief now this hour a helicopter crash in afghanistan has killed thirty one u.s. special forces and seven afghan soldiers the taliban claims it shot down the aircraft after a fire on a house with militants inside it's the biggest single loss of life for american forces in the country. clashes in syria have seen at least ten die as government forces rounded on protesters in the city of hama the six day crackdown has killed around two hundred people rallies intensified after the first friday prayers 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 influence the situation beyond sanctions.

typhoon muifa has reached china hitting the east coast with high winds and powerful waves more than two hundred and eighty thousand people have been evacuated to safety and to coastal provinces severe damage is expected and emergency crews are on the stand by the storms have already wreaked havoc through the philippines taiwan and japan. next week travel thousands of kilometers east of moscow but millions of years back in time. and now we're in the far eastern are more reaching its rich geology has an abundance of precious sun valuable metals which is driving its industrial expansion but artie's alice has met one team whose treasure lies not in gold but in bones. this week the russia close up team is coming to us all week from the far east and

more region now for many this region's distinctive jews who its proximity to china and its smallest reserves of woman cereals and natural resources but the one paleontologist and his team it's the ancient dinosaurs discovered deep within the ground here that will put this region firmly on the map. u.-t. beloved ski is a man obsessed with the promised a bygone age when dinosaurs rule this part of russia he may have been born in the country's new western areas but it's the far east on tap jurassic history in the region to which he has devoted his adult life to mr necker very near this site to be known since about nine hundred forty eight i mean there would have been unbelievable number of bones are buried here and i think we'll be digging for at least another two years or so they're literally everywhere here the ammo region is looking at one of the few functioning archaeological sites only here can

a site boast of having produced a complete dinosaur skeleton that discovery made over a decade ago led to the full recognition of a new breed of dinosaur a lot a ton or giant swan a twelve metre long herbivore found almost exclusively here and it was you the son who first stops at the fragment of tail bone sticking out of the father and son went on to make paleontology history a van has since followed in his father's footsteps it's painstaking work requiring patience and skill in equal measure one who discovers along the way we begin to remove the ground around it from afar and you use a knife your hold your hand and a show where a girl for very slow because zero can be more bones in the ground around it. the lives that. yuri and his team have been excavating this site for the past three years and already they found well over howell's and 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 i'm told that these will most likely be fragments of another giant duck billed planting it is unique to the region and named in its honor the are more saurus is another previously undiscovered breed credited to team a lot ski which includes natalia also as scientists it was she who came up with both dinosaurs names as well as taking day to day charge of running the region's only paid logy the poetry and museum each new discovery mist be carefully catalogued and examines the aim is to inspire the next generation of dinosaurs hundreds of this was not one ensuring the family's feet don't go i'm remembered but that's about what goes on up here you can see a photo of your blood ski at the excavation site and here you see photos of i'm

going to soras this is the skeleton of an m r saurus what a strange looking reptile isn't it and so learn from the follies of history charles maas and this is charles marsh an american poly until august in one thousand nine hundred seven when he visited moscow and announced that there were no dinosaurs in russia and everyone believed him yet luckily u.-t. belonged comes from a long line of scientists who chose to follow their own instincts and secured a morse place in the history books as one of the world's foremost sites for paleontology it was there just terminations a new small amount of digging that revealed a dinosaur john was alice a bit r.c. the more regions. are at our twenty five minutes past the hour here in moscow back to the us and the debt drama that seen its top credit rating take quite a knock if you or i get into debt the bank is on our backs without delay yet it's only now that america which owes trillions is seeing its

a credit score decline online talk show host or halfassed asks people in new york why americans are so keen on borrowing. 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 the person next door that they've got the brand new car the lifestyle and that's what they want is so much advertising and people just wanted 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 in debt personally that it is for a government to be in that. it's much worse for

a government to be and 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 i do but i'm in debt 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've 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 family 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. it's a good to have you with us on this saturday here on out so you know i do do i stick around the sport and you farmers are twenty minutes away it's including a top flight clash in russia's football premier league but i'll be back with the

headlines in just a couple of minutes. if . six. you.

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