tv [untitled] August 6, 2011 1:00pm-1:30pm EDT
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joys the victories the obvious the case we go to the ground imperial trilogies the torturously bush coromandel you can a little closer to its ability to go and. read the said the colonel was her child as a retreat. heading down standard and poor's strips 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. israel is braced for another round of unprecedented mass protests as people rally against the government others compare the conference point to that of revolutionary egypt. thirty one u.s. special forces soldiers die after the helicopter was hit in a rocket attack in eastern afghanistan it's the worst single loss of american troops in the conflict and comes amid talks old withdrawal.
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international news and comment this is r.t. live in moscow just turned nine pm here in the russian capital good to have you with us this hour the united states prize top aaa credit rating has been cut for the first time since one thousand nine hundred seventeen stone of them pauses dropped america's ranking to a plus this comes after a last minute debt deal earlier this week narrowly rescued the country from default seven pieces the spending cuts agreed by congress are one of the half trillion dollars short and if it's not changed the rating could comment further in the coming years but the obama administration says the analysis is way off and will damage any recovery. is in washington for us. oh it really is more than anything at huge a sum and unprecedented blow to the united states to its staff. at us as
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a safe investment basically what this credit rating lowering does 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 questions here for the american people for the u.s. government could be severe now while this only takes it down from a aaa to double a plus with a negative outlook threatening in fact that the reading could get lowered even more in the next two years what it does is a potentially it is sends a 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 talked about that means mortgage payments will go up mortgage interest rates 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
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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 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 would have stalled to almost a crawl in the second. of the year we saw on top of that the jobs report that came
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out on friday for united states while it 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 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 kevin zeese director to come home america taught us as the rest of the world is now realizing that america is losing its financial dominance the reality is our economy isn't terrible shape and the government's actions are actually counterproductive as number of nobel prize
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winning economists and other top economists this focus now should not be under should be on during the time moving in creating jobs unfortunately government is going in the opposite direction focusing on deficit just really choke the money supply even more is the lack of prosecution of wall street executives requires the economy showed real spinelessness. more bad policy decisions the regulation of wall street which was led by the guys who caused the problem who work now for obama actually was inadequate i think people see the mystery action of our economy and recognize a few days of us are jamali on the economy are coming to an end and the renowned economist richard wolfe has told us that many are waking up to the reality that the u.s. economy is crippled. we've had twenty years of being told that our 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
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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 in china the largest holder of the u.s. debt is immediately reacted to the news of the downgrade saying washington needs to cure its debt addiction but she has also called for
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a new stable reserve currency instead of the dollar and concerns are also rising in asia third largest economy india where the finance minister called the situation grave in artie's reports now from new delhi. 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 they got so 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 thing 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 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 in asia has
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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 once the people here are watching what's happening in the united states very closely asian investors adichie bones in the wake of what's been a tough week for america's economy so says investor jim rogers. all the asians already know that america's got problems all of us are already moving out of u.s. government bonds we never got out of the first global recession unemployment in america is still higher than it was in two thousand and eight the american get skyrocketing gone through the dead or through the roof america is in worse shape now than it was before america spent a lot of money and people who got bad money are better off but the overall situation is much worse america's quadrupled its debt america if you take in they consider big things that they guarantee they printed huge amounts of money you know
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the world has gotten worse the world hasn't gotten better ok sure the us would have thought that's why people are moving away from u.s. government bonds because everybody knows that the u.s. is in serious trouble and the debt situation is getting worse and worse not better and better. the downgrade came too late to hit europe's stock markets which are already taking a hammering this week being battered by the euro zone and america's debt difficulties meanwhile the e.u. leaders criticized the u.s. rating agencies blaming them of double standard saying they'll create a european one in response what is the new bushel has more now for us from brussels . will be used downgraded trust in the rating agencies to junk. the agency admitted it truly a miscalculation when deciding this downgrade they claim to have the world's best minds working for them that hasn't really surprised people here because most know that the most because of unsustainable for many years now will everyone apart from the rating agencies it seems and the day before phones collapsed and the credit
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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 rules are furious about some peace double standards they held with the white house before this decision they brief them about it when it would take place what would happen and that's allowed the white house. response to the media or even question the agency's judgment. last week when the agencies graded the european union countries. ratings now that suggests that the agencies are to save the very least and as a result the european union is creating its own agencies. for americans who will see themselves having to pay more more interest on their loans and having to pay more. is bad really for everyone around the world who lend money
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to america because it raises the risk of them not getting that money back. tell you bushel there and there are one small bits for one joint a black hole for a government later on the program in new york to mask what's the difference between zero debt and those of our leaders. 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 we opposite of that do you trust yourself to do the right thing even within your means i do mean dad so it's good i can pay it off. the largest antigovernment protests israel has ever staged are due to start across the country in about an hour from now activists are hoping hundreds of thousands will take to the streets and what we'd be the third consecutive weekend to run its biggest demonstration is expected to take place until a brief one street has already been renamed by some as is really tough here after
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the square where the egyptian revolution took place. reports places today saturday tens of thousands of protesters will be taking to the streets here in tel aviv is as well as in several other cities around the country where they'll be holding mass rallies against the government there hoping to stop the one hundred fifty thousand nationwide who took to the streets last weekend this is the first saturday in the road protests are being held they are united under the banner of the government has abandoned the people and the simple message coming from organizers is that the people are taking the country back now the plan tonight is for demonstrators to march from lots to talk with with the business council meet its teams city has been established the final destination is not far from here at the curia displays compound and they will be holding a mass where you can zoom zoom in a number of demands on the government of the civil speakers several popular singers
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also present in the last week there have been a number of smaller demonstrations but. i've 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 rising costs and behind costs of having children failing as well as many prime minister. has been surprised by the massive supports all these demonstrations and these governments are still struggling in terms of how to deal with in this instance what you can hear some people here in israel saying is that in the tanakh it was so obsessed with gathering intelligence for the fruit seller from the mediterranean that he missed the opportunity to see what was happening here under his eyes policy on see tel aviv. knesset member daniel ben
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seimone says prime minister netanyahu doesn't realize the protests are rooted in public rage norge from political rivals. people here are yelling out shouting at us keeping industry i'm talking about tens of thousands he 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 three 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 unemployment 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
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the street 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. we're keeping across developments in israel in artie's port asli in tel aviv is posting comments on our twitter account it's r t on the school caught on what's happening there the so-called israeli attack here and head of the mass rallies tonight which as i said a little earlier due to start about an hour from now one of the latest tweets says the crowds are now gathering in the streets in the mood is jubilant but defiant i want to watch how this will come to find the latest on this and other developing stories we're covering here r.t. . thirty one u.s. special forces personnel and seven afghan soldiers have been killed in a helicopter crash in afghanistan the aircraft was hit by a rocket propelled grenade in the eastern province incident what's the biggest single loss of life for american forces in the country some of the officers on
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board the helicopter reportedly part of the same unit that carried out the assassination of osama bin laden political analyst dr hamid said to me a little earlier that this shows tell the taliban is getting stronger ahead of the planned withdrawal. i think it will not effect. on the government of america to wit that all its forces from afghanistan but that there will be more in afghanistan in the war against the taliban and al qaeda because the taliban are getting or giving the ground in afghanistan i am becoming. stronger and stronger. but it is not possible for. foreign troops to confront it's because of this the people of afghanistan. british intelligence services have allegedly been violating international law for almost a decade and the top secret documents suggest agents were permitted to use information
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taken from prisoners tortured overseas offices were asked to balance how much they expected need to suffer against the value of the information they could get it also given political protection from prosecution human rights activists are demanding an open and fair inquiry but fear their questions will be met with a wall of silence as torah law from amnesty 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 if the government takes this it's very worrying for an inquiry they're supposed to be getting information to the public about what's been going on we 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.
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well there's always more on all of the stories we're covering in addition to what you see here on screen or on websites out he got com here's what's online at the moment from london through. a group of muslims want sharia law introduced in the u.k. which could condone taishan of petty theft and to illustrate the point the trick of a cartoon section we draw on all the major stories. of the. people loyal to former ukrainian prime minister yulia timoshenko continue to protest against her arrest and supporters and set up a tent camp in the center of the capital kiev she was arrested on friday for contempt of court she has been on trial since june over alleged abuse of power was
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sunny gas deals with russia in two thousand and nine charges which she denies as supporters call the case politically orchestrated by the country's current president which the rallies began on friday when they tried to block the armored vehicle taking to machine her away but were dispersed right puts. on more international news now in our world update syria's foreign minister is paid free democratic general elections in the country by the end of the year because activists say fresh clashes in syria have left at least twenty four people dead with security forces falling on anti-government protesters the six day crackdown has now reportedly killed around two hundred people across the country international condemnation of the violence is growing and the u.s. is working on new ways to influence the situation beyond sanctions. seventeen people have been killed and four injured in a multi and i should say a multiple vehicle collision in southern china state media says the pilot was
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triggered after two trucks collided flipping one of them into the pot. an oncoming passenger minibus. investigating whether overloading of the vehicles involved may have been a factor here. applied to the u.s. in the drama that seen its top credit rating take a knock if you or i get into that the bank is on back without delay yet it's only now that america which owes trillions its credit score declined when online talk show host or hottest asked 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 it's the it's 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 so much. just wanted to
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spend money. 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 are. i think we pay less attention to it we. 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 interpersonally than it is for a government to be. 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 off debt is debt it's bad for governs best for individuals and the government should show leadership so 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 families we can
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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. and actually travel thousands of kilometers east of where i'm sitting here in moscow and also millions of years back in time. where in the far east in a mere region it's remote but rich area holding russia's largest reserves of precious metals. treasure lies not in gold the bones. this week the russian close up team is coming to you all week from the far east and
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more region of the many as regions distinctive jews who its proximity to china and its followers 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 that will put this region firmly on the mark. you rebuild see is a man obsessed with powers a bygone age when dinosaurs rule this part of russia he may have been born in the countries the western areas are not it's the far east on tap jurassic history in nearly all religions which he's devoted his adult life purpose to her very near this site been 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 then literally everywhere here we are no region is looking up one of the few functioning archaeological sites only here can
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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 an order to tan or giant swan at twelve mr long have all found almost exclusively here and it was really some of the first stops of a fragment of tail bone sticking out of the father and son went on to make paleontology history advancing is followed in his father's footsteps it's painstaking work requiring patience and skill in equal measure when we discover the one we will begin to remove the ground around it from a horrid euthanize your whole your current and a show where a girl who are slow because there can be more warmth in the ground around it. just . lives this. year eleven team of an excavating this site for the past three years a wedding they found well over one thousand dinosaur bones approximately sixty five
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million years old but they believe that the bones of hundreds of more dinosaurs i gets to be found within this small plot alone i'm told that these will most likely be fragments of a not a giant duck billed plant eater unique to the region and named in his honor more saurus is another previously undiscovered breed credited to team the lot scene which includes natalia also as scientists it was she who came up with both steiner schools names as well as taking day to day charge of running the region's only pains logy the poetry and music and each new discovery miss be carefully catalogued and examines the aim is to inspire the next generation of dinosaur homes this was one ensuring the family's feeds can go on none of which. one of you you can see a photo of you are a blot skier at the excavation site and here you see photos of i'm going to source
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this is the skeleton of an aura saurus registering her director as an answer learn from the follies of history as miles and this is charles marsh an american poland august one thousand nine hundred seventy he visited moscow and announced that there were no dinosaurs in russia and everyone believed him. luckily unity belonged comes from a long line of scientists who chose to follow their own instincts and secure our most place in the history books as one of the world's foremost sites for paleontology it was their determination and the small amount of digging that revealed a dinosaur jumps alice habits are see. well another trip is just a few minutes ahead for you this time to a place where ancient romans and greeks used to live. the small country of because here in the caucasus mountains before that though i mean kind of i had lunch with me build on the ultra short break thanks for staying with us this is all to life in
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we've got the few jerks covered. if. you want to talk with. this street student keeps the secrets of the mountains times and reveal versions of the soviet files on the off season. this is a table from the u.s. embassy in colombo to talk about here it apparent june seventh incident of extrajudicial executions the military according to the press that on that they've
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killed knowing guerrillas in from back in just a different right instructs your own kind of you know and their vocal to do the strongly suggests i would or at the night were executed by the army and then dressed in military fatigues. displayed how you know this kind of phenomenon where bodies are dressed up as guerrillas and presented as killed in action ominous and just the idea that you need to produce bodies actually encouraged paramilitary collaboration this is a cia document social intelligence agency they knew about these activities they knew they were happening they knew about links to paramilitary groups and yes usaid continued to flow.
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