in the movie the joint the hotel rooms the home of violence the gateway hotel the grand imperial really that's all it was the. socialist civility to go. on this is the kernel was her turn to retreat. standard and poor's stripped the u.s. of its highest credit rating infuriating the country's lenders with china already saying it's time to ditch the dollar as the reserve currency. is right is braced for yet another round of unprecedented at mass protests people rally against the government others compare the country's plight to that of a revolutionary egypt. and russia as a jurassic park take you want to trip the remote far east in a more richer way new breed of dinosaurs discovered.

just just after seven o'clock on saturday night here in moscow this is artsy with me wrong recent show but united states prize the top aaa credit rating has been cut for the first time since nineteen seventeen standard and poor's has dropped america's ranking to double a plus this comes after a last minute debt deal earlier this week narrowly rescued the country from default by some pieces the spending cuts agreed upon by the congress one and a half trillion dollars short and it has not changed the rating could plummet further in the coming years but the obama administration says the analysis is way off and will damage any recovery policies and you can find our fears in washington for. well it really is more than anything i hear just symbolic and unprecedented blow to the united states to its status as a safe investment at basically what this crowd. rating lowering does that 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. russian is here for the american people for the u.s. government could be severe now while this only takes down from a aaa to double 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 sends a message that the united states is a risky investments that could send interest rates going up for the federal government and because other borrowing costs are tied to that that means mortgage payments who 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.n.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 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 ended up collapsing and pulling down the u.s. economy with it so they don't really have all that much credibility in the eyes of the world market still however we don't know what will happen come monday when the markets and when 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 had 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 united states while i was somewhat positive it 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 about having missed the mark long ago these small tiny effect in terms of higher interest rates going to really really cripple what's already seems to be a worsening recession here in the united states. let's get more details on this now with kevin zeese the director come home america dot us i thank you for joining us today as we know has now downgraded the u.s. so although it didn't do that during the shoot crisis of two thousand and eight does this mean that possibly the credit rating agencies now learned an important lesson or is it trying to perhaps

a clean up its image. some problems for the last collapse giving wall street banks really easy to. say they were the cause of one of the crashes. you know things like. lehman brothers were given very high raise it is or whether it's clean. or whether it's showing its power who knows what's going on but the reality is as your correspondent said he comes at a very shaky time we saw a big drop in the stock market of four percent of its value on thursday we saw a very shaky market on friday and no doubt this will not help things on monday and tuesday of next week so people should watch closely other plays out and so when it comes to an issue of credibility back in the crisis of two thousand and eight funnyman pretty much still given aaa ratings although the next day or so they went belly up now the administration is saying that there was a miscalculation of two trillion dollars in the s. and p. report. what you make of this reaction well i think they're they're trying their

best to minimize the credibility of the of the report but the reality is our economy is in terrible shape and the government's actions are actually counterproductive as a number of nobel prize winning economists and other top economists have said the focus now should not be on deficit should be on getting the kind moving in creating jobs unfortunate government it's going in the opposite direction focusing on deficit just really choke the money supply even more frankly president obama has mishandled the economy right from the outset here too small of a economic stimulus when kamal office he bailed out wall street supported the bush be our wall street rather than pushing for be our main street his health care plan we entrenched for the insurance industry and in really do anything control costs is the lack of prosecution of wall street executives for a collapse of the economy showed a real spinelessness and put them into power rather than prosecute them what didn't

kill it did he didn't he have to say the same cause and i think he put them in a position to try and clean up the mess exactly and i think that led to even more bad policy decisions the the regulation of wall street which was led by the guys who caused the problem who work now for obama actually was inadequate and i think anyone who looks at it would see that so what's been going on in the economy has not been positive and neither party has the will to tax the people who have the money the top one percent who own ninety five percent of our wealth really need to be taxed more heavily and you'd be starting to tax start going to start in trouble but just to show the wealth the powerful elite are the ones who are running all the all the policies out of the white house i mean it is about i mean powerless to these corporations and these big wigs i'm not sure if perilous writing is part of the problem i think rightly president obama agrees with them and i think he is a market driven politician he believes in the market as a solution he sees it believe in reagan's trickle down economics even though all that stuff is is not. since he seems to believe it and i don't think it's

a perilous this question he's part of that power elite that are misusing the country and so he has the wrong direction right now it's it's going to well since the two thousand and eight crisis but it looks like the economy is sinking again you look at what's happening in the eurozone a number of the eurozone members are just absolutely sinking america is in trouble can the world economy survive if another crisis takes place or has the crisis is the crisis already taking place we're in the midst of the crisis now is my view and i think we will survive was he taking a massive restructuring american people are getting organized we're going project called october of two thousand and eleven or where people are taking care of back we don't trust the government anymore we need a political power is trustworthy that woeful bird with wall street big find its interests and other big business interests we need to restore power of the people and take it away from the economic elites who are destroying the country i know there is one major question that must be addressed here as u.s. lenders are worried by the latest news of america's credit rating being downgraded china is even proposing to ditch the dollar as the global reserve currency what

will happen to the u.s. if the world is no longer dollar dependent certainly warmer all become too expensive for most americans china's been talking away for a while russia's been talking away for a while. the middle eastern countries i think people see little mr action of our economy and recognize that the days of us edge of money on the economy are coming to an end. kevin zeese that director of a come home america got us thank you thank you very much. for the largest holder of the u.s. debt has immediately reacted to the news of the downgrade saying washington needs to cure its debt addiction beijing also called for a new stable reserve currency instead of the dollar concerns are also rising and asia's third largest economy india but the finance minister called the situation great if. true to reports now from get out. these in 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 rating they 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 since 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's hold out of the u.s. this is a long to come so if this isn't 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 holds three trillion dollars in the united states along the people here are watching what's happening in the united states very closely he's pretty shrewd reporting right that will be great to come too late

to hit the european stock markets which are very taking a hummer this week being busted by the eurozone and america's debt difficulties meanwhile the e.u. leaders have criticized the u.s. rating agencies blaming them of double standards saying they will create a european one in response to the new bushel that's all from brussels. we downgraded trust in the rating agencies. as the agency admitted a two trillion dollar miscalculation when deciding if 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 collapse 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 triggered the world recession that followed e.u.

leaders are furious about this impedes double standards they held with the white house before this decision they'd prefer it when it would take place what would happen and that's now the white house to prepare a response to the media or even question the agency's judgment none of the 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. for americans who will see themselves having to pay more more interest on their loans and having to pay more this is bad really for everyone around the world who lend money to america because it raises the risk of not getting that money back. talk he's done you're bush you're right there one small but for a man one giant black hole for a government and later on of the program here on r t we are in new york to mosque

what's the difference between those of us. much worse for a government to be and why because we trust the government to do the right thing 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 but i mean get so that i can pay it off. party is coming to live from moscow now a fresh wave of massive government protests is due to sweep across israel this saturday night activists are hoping some three hundred thousand will take part in the third weekend of rallies due to start in just a couple of hours' time one of tel aviv street has already been renamed by israeli tahrir after the square where the egypt uprising took place. reports places of a saturday tens of thousands of protesters will be taking to the streets here internet 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 nationwide who took to the streets last weekend this is the first saturday in the road that protests all be held they are you know races under the banner the government has abandoned the people and the central message coming from organizers is that the people are taking the country that now the plan tonight is for demonstrators to march was told would abolish the basic concept we need spain's city has been established the final discrimination is not far from here at the curia just brains compound and there they'll be holding a mass rally presume to a number of demands on the government of the civil speakers several populist singers also close and in the last week there have been a number of smaller demonstrations that have been held for several hours. 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 me 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 the high cost of having tools and feeling as well the israeli prime minister. has been surprised by the masses of school 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 say is that in the tanakh it was sold says with gathering intelligence for the third solo from the mediterranean he missed the opportunity to see what was happening here once under his eyes. to see tel aviv. what the social crisis is caused by the government policy that decades allowed their wealth to go to the hands of the rich few that's according to you. from your piece now organization and sort of. in two years

they're worried. he's wally economy and we would see rich people in the richest families that control most of their b. companies and enjoying benefits and enjoying the condition to go to develop. in order to have enough money to live here in the. environment so this is something that people fear for many years now and this is the first time where you can hear such a big wave of thought is seen we want to change just we want to do more socially. and we are keeping across developments in israel and. was actually posting comments on our twitter account that r t underscore can find out what's happening on the so-called is ready to ahead of the mass rally tonight having

a look at your screen right now one of my latest tweets says police are arriving in the area in greater numbers than last week many roads and our closed off for a minute by minute policy keeping us updated here on our twitter account that's our r.t. underscore call to find out of the latest. on this story. british intelligence services have allegedly been violating international law for almost a decade a leaked top secret document suggests agents were permitted to use information taken from prisoners tortured 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 human rights activists are demanding an open and fair inquiry but their questions will be back with a wall of silence as reports from amnesty international. 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 very worrying for an inquiry they're supposed to be 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 fair and transparent and that the government will reconsider. the very problematic protocol that's been put in place. all of as always or more and all the stories we're covering dot com here are some of the items are online for you right now from london to london to start a group of hardline muslims want sharia law introduced in the u.k. which could. support petty theft and to illustrate the point check out our cartoons section where we draw on all the major stories.

right now and nearly twenty minutes past the hour here in moscow people loyal to former ukrainian prime minister yulia tymoshenko continue to protest against her arrest by supporters of separate tent city in the center of the capital kiev she was arrested on friday for contempt of court has been on trial since june over alleged abuse of power while signing gas deals with russia in two thousand and nine these are all charges that she denies because supporters call the case politically orchestrated by the country's current president because of it never called which the rallies began on friday when they tried to block the armored vehicle taking team a shrink away but they were later dispersed by place. but let's get some more into. more news now here on r.t. in our hourly world update thirty one u.s.

special forces personnel and seven afghan soldiers have been killed in a helicopter crash in the eastern one of that province that's according to the office of the president the incident marks the biggest single loss of life for american forces in the country the taliban have claimed responsibility for the attack saying they shot the helicopter down with a rocket propelled grenade. syria's foreign minister has pledged to free democratic general elections in the country by the end of the year it comes after say fresh clashes in syria have left at least twenty four people dead with security forces firing on anti-government protesters the six day crackdown has now killed around two hundred people all across the country international condemnation of the violence is growing and the u.s. is now working on new ways to influence the situation but beyond sanctions. seventeen people have been killed and four injured in a multiple vehicle collision in southern china state media says the pilot was

triggered after two trucks collided flipping one of them into the path of an oncoming passenger minibus authorities are investigating whether overloading of the vehicles involved may have been a factor in the incident. well back to the u.s. on the debt drama that seen its top credit rating taking a knock if you or i get into debt the banks all over us within seconds yet it's only now that america which shows trillions is seeing its credit score decline online talk show host laura huff and asks people in new york why americans are so keen on broadway. 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 it so much every tasing 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 into 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 don't you trust yourself to do the right thing and live within your means i do mean that such that i can pay it off debt is dead it's bad for governs best for individuals and the government should show leadership really 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 in the government will step up and make

a difference whether or not your intent 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. with r.t. it's good to have you with us do stick around though because next we travel thousands of kilometers east of moscow but also millions of years back and solar. this time we're in the far eastern are more region it's a remote but rich area holding russia's largest reserves of precious metals but artie's ours has met one team whose treasure lies not in gold but rather in balance . this week the russia place the team is coming to us all week from the far eastern and more region of the many this region's distinctive juice to its proximity to

china and its funnels reserves of woman cereals and natural resources but one paleontologist and his team it's the bones of ancient dinosaurs discovered deep within the ground here this weekend firmly on the map. u.t. velocity is a not obsessed with a populist a bygone age when dinosaurs rule based part of russia he may have been born in the country's western areas but it's the far east on tap jurassic history in the region to which he has devoted his adult life to restore her very near to decide to be known since about nine hundred forty eight 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 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

a decade ago led to the full recognition of a new breed of dinosaur a lot in town or giants on a twelve missile long herbivore found almost exclusively here and it was here the some of the first steps of a 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 when we discover the wrong way we begin to remove the ground around it with a knife or your hand and a show where a cure for very slow because. more bones in the ground around it. just like this. year we have a team of bin excavating this site for the past three 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 died of fools i gets to be found in this small plot alone i'm told that these will most likely be fragments of another giant duckbilled planted a unique to the region and named in his honor they are more saurus is another previously undiscovered breed credited to team a lot skill which includes natalia also as scientists it was she who came out with both steiner saul's names as well as taking day to day charge of running the region's only paleontology the burra tree and newseum each new discovery missed you can really catalogues and examines the aim is to inspire the next generation of dinosaur homes this was one ensuring the family's feeds don't do i'm remembered as wrecking. ball up here you can see a photo of your abode skier the excavation site and here you see photos of my bonus or as this is a skeleton of an aura saurus what

a strange looking reptile isn't it and so learn from the follies of history charles 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 yet luckily your evil lawsky comes from a long line of scientists who chose to follow their own instincts and secure a 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 that revealed a dinosaur jackpot alice civets are see here more regions. nearly seven thirty on saturday night here in moscow probably back shortly.

hungry for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers on our t.v. . the history of this place runs through the centuries. a paradise for archeologists zoo all ages and ecological tourists. must one face all nice big shots destroyed the harmony of life.

back. how this republish got its life by. hoping dreaming and recreant. mission free acronym taishan free lance for charges free. range month free is free. to tide free. download free vote just plug in video for your media projects or a free meal john darche dot com.