the on the violence is the gateway to the grand imperial truly the george west coast coromandel you can away with a chill the closeness of civility to go and. read this in the kernel was originally a retreat. heading down the style of them calls the strips the u.s. or its highest credit rating infuriating the country's lenders with china already saying it's time to ditch the dollar as the reserve currency. another round of mass protest starts in israel as people rally against the government others compare the country's plights about a revolutionary egypt. and thirty one that u.s. special forces soldiers die after the helicopter was reportedly hit in a rocket attack in eastern afghanistan is the worst single loss of american troops in the conflict and comes amid talks of withdrawal.

internationalising comment this is r.t. live in moscow just turned ten pm in the russian capital and have you with us this hour the united states prized top aaa credit rating has been cut for the first time since one thousand seventeen standard and poor's has dropped america's ranking to a plus but this comes after a last minute debt deal earlier this week narrowly rescued the country from default and it simply says the spending cuts agreed by congress one of the hard trillion dollars short and if it's not change the rating could comment further in the coming years but the bomber ministrations says in alice is way off and will damage any recovery artie's music a fan of his in washington for us. it really is more than anything at huge or some like and unprecedented blow to the united states to its staff. says

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 aaa to a.a. plus with a negative outlook threatening in fact that we could get lowered even more in the next two years what it does is a potentially it is that is the message that the united states has 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 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 that 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 from monday when the markets will open and if those interest rates do rise there could be a ripple 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 half. of the year we saw on top of that the jobs report that

came out of 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 effects 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 to retrofit come home america built us as the rest of the world is now realizing that america is losing its financial dominance the reality is our economy is in terrible shape and the government's actions are actually counterproductive as number of members nobel

prize winning economists and other top economists and so the focus now should not be on deficit should be on the economy moving in creating jobs unfortunate government is going in the opposite direction talks on deficit now just really choked the money supply even more is the lack of prosecution of wall street executives for quark's in 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 will see the mystery action of our economy and recognize that the days of us edge of money on the economy are coming to an end. and renowned economist richard wolfe told us that many a waking up to the reality that the u.s. economy is critical. we've had twenty years of being told that 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 valuation 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 china the united supporters of the u.s. debt is immediately reacted to the news of the downgrade say washington needs to cure its debt addiction beijing also suggested

a new stable reserve currency is needed instead of the dollar concerns are also rising in asia's third largest economy india where the finance minister called the situation grave. reports now from new delhi. 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 is especially after the u.s. debt ceiling debate that so go along and in many ways is what people are saying led to these lower approval ratings 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 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 told us 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 well you can invest as a ditching booms in the wake of what's been the tough week for america's economy so says investor old jim rogers. probably 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 debt is skyrocketing gone through the debt right through the roof america's in worse shape now than it was before america spent a lot of money and people who got bad money ok better off but the overall situation is much worse america's quadruplet instead america if you take in the consider things that they guaranteed they printed huge amounts of money you know the world

has gotten worse the world hasn't gotten better but they should the us 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 time great came too late to hit europe's stock markets which have already taken a hammering this week that had by the euro zone and america's debt difficulties i mean all the e.u. leaders criticize the u.s. rating agencies blaming them all double standard saying they will create a european one in response r.t. ten who bushel has worn out from brussels. we use downgrading trust in the rating agencies. the agency admitted a two trillion dollar miscalculation when deciding this downgrade they claim to have the world's best minds working for them really surprised people here because most know that america's has had unsustainable for many years now with everyone

apart from the rating agencies it seems and the collapse in the credit crunch they still had aaa ratings on those companies now that maybe agencies lose their reputation but people lost their whole savings and triggered the world recession that followed. the rules of furious about s. and p's 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 allowed the white house to prepare a 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 to say 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 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 them not getting that money back. one small bit for a man and one jaw and black hole for a government on later on the program in new york to ask what's the difference between us and those of our leaders. it's 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 do you trust yourself to do the right thing in mind within your means i do mean dad starts that i can pay it off. the law just antigovernment protests israel has ever staged starting now across the country as we speak and indeed we bring you live pictures all the rally taking place at the moment in tel aviv activists expect hundreds of thousands to take to

the streets in what will be the third consecutive week of rallies the biggest demonstration is taking place right there as i say in tel aviv one one street has already been renamed by some israeli tell here to the square in cairo where the egyptian revolution took place and aussies paula is at the moment. joins us from there all of the organizers they say that they hope tonight's top one hundred fifty thousand troops on the streets last saturday and we could go what looks like a massive show of discontent with the government doesn't it. well it certainly does i continue to build it the mood here is to find the protesters are a mixture of jubilance and defiance they say that they're not going anywhere until the israeli prime minister benjamin netanyahu meet their demands now today is the saturday in a row that demonstrators have taken to the streets here in tel aviv as a protest in teresa lynn and in a number of cities around the country the police are in heavy presence they are

taking seriously the promise of protest organizers that more than three hundred thousand people will take to the streets to stage is difficult a women these numbers have infected and out but i can tell you that it took me some time to reach this knife position all the roads here have been closed off the police have been out in the streets for more than twelve hours now they offer to kill any worry that these protests might just sold into some kind beilenson just walking here i passed hundreds of protesters walking in the opposite direction holding up banners they were all united under the slogan office demonstration which is beat people demond social justice not tonight and not a so it has been added that slogan is that people are taking back the country and certainly from all the course of the day we still calls been going around going out from specific groups from the wives of policemen from social workers from teachers from doctors they said that they were mobilizing the communities and calling on them to turn out in large numbers here tonight now tonight's protests also comes in the wake of controversial housing it's just

a shame that was passed this week by the israeli parliament the israeli knesset according to protesters here it again allows for only the wealthy to find housing putting affordable housing out of the reach of ordinary people so that is why you hear in his radio pretty angry they say that netanyahu is not only not listening to their demands he is completely out of touch with the people here are thinking. where you are rising no new work in caro during the revolution do you think it's a fair. i think the comparison is very uncertain we are hearing that comparison being made on the streets of tel aviv this demonstration is mobilized around eight main streets in tel aviv that's known as what's child boulevard and for the better part of three weeks that street has been turned into a chain city there are hundreds upon hundreds of tents their way people are sleeping where people are eating they're holding discussions they play music and

they can sell something to the street as you corner to hear square of course being the heartbeat of the egyptian revolution here in israel it's also a demonstration that has been mobilized by the youth which is what we saw happening in egypt it is also a demonstration that is receiving support online people are tweeting all the time people are activating posts on facebook they are putting videos and pictures on you tube and certainly have a calling for regime change which is what we've heard happening in egypt the perhaps one difference is that this demonstration hasn't yet become and and talking to voters overnight as they say that they will not allow it to become violent but when one up that happens remains to be seen because the israeli prime minister benjamin netanyahu is remaining as defiant as ever we hearing very little from him in fact just yesterday the leader of the opposition seeking leave me he launched a scathing attack on him saying that not only was he out of touch with the people but the only response he was doing was to try and squash the protests in fact

anyway as we've heard from the turnout who these days is that these demonstrations are part of and mass movement sweeping the country. there live there from tel aviv thanks very much indeed. of course we'll be following this wave of protests across israel throughout this saturday night. bring us the latest. posting a comment on what's happening there on our twitter page that is. the school. for. israel. 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 marks the biggest single loss of life for american forces in the country and some of the officers on board the helicopter were reportedly part of the same unit that carried out the assassination of osama bin laden political analyst hakim has told me earlier that

it shows how the taliban is getting stronger ahead of the planned withdrawal. i think it will not effect. on the governments of all america to wait that but there are all of its sources from afghanistan but the new that there will be more and afghanistan in the war against the taliban and al qaeda because al qaeda and the taliban are getting are gaining ground in afghanistan i and we can be. stronger and stronger a day but it is not possible for for the foreign troops to confront it because all the people called afghanistan hazed to feel all full war. by the way our website has plenty on stories of them you see on screen and plenty more here's what's on life at the moment you can check out the dramatic video from our fighters planting a warehouse blaze in the self of moscow and also from london to london

is a group of hardline muslims one shari'a norman troops in the u.k. we could condone amputations the petty theft and just make the point you can check out our culture section where we can draw on all the major stupid. people also former ukrainian prime minister yulia tymoshenko continue to protest against arrest and supporters of set up a tent camp in the center of the capital kiev she was arrested on friday for contempt of court i'm actually going to ask you has more now from the spot. several dozen supporters of you are protesting here believing that the case is politicized and being orchestrated directly by president victory on a college several hundred more people are stationed in the. main the main street in

prophetic street that's where the court building is we're hearing off constant clashes between the supporters of unity which angle and the law enforcement officers to muster and what is being accused of serious economic crimes including striking unlawful gas deals with russia and unlawful usage of money which ukraine received from signing the kyoto protocol several years back now it is interesting because there have been already comments from russia's foreign ministry which urged ukraine to hold a transparent and fair case on yulia timoshenko as well as saying that all gas deals which ukraine and russia signed in two thousand and nine were completely legitimate and were signed in full accordance with the two countries laws there also being a very sharp comments coming from the european union with almost all of the organizations in europe criticizing the current state of affairs the fact that. has

been placed under arrest and they demand that she must be released immediately and that the trial must be held in a transparent way up to twenty minutes past the russian capital more international news in our world update for you this hour syria's foreign minister has pledged to free democratic general elections in the country by the end of the year it comes as activists say fresh clashes in syria have left at least twenty four people dead with security forces firing on antigovernment protesters the six day crackdown is now reportedly killed around two hundred people across the country international condemnation of the violence is growing and u.s. is working on new ways to influence the situation beyond sanctions. seventeen people have been killed and four injured in a multiple collision in southern china state media says the pilot was treated after two trucks. collided one of them into the path of an oncoming passenger many of us authorities are investigating whether overloading of the vehicles involved may have been a factor in the accident here but back to the us now on the drama that's seen its

top credit rating take a knock off your i get into debt of course the bank is on our backs without delay yet it's only now that america which owes trillions is seeing its credit score decline well online talk show host also people in new york why americans are so keen on borrowing. but i think so many people allowed themselves to get so apparent that it's the is the age that we live in and everybody sees the person next door that they've got a brand new car their lifestyle and that's what they want so much i. 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 are. 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 why because we trust the government to do the right thing they're doing absolutely the opposite of that but do you trust yourself to do the right thing and live within your means i do that starts that i can pay off debt is dead 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 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.

next we travel thousands of kilometers east of where i'm sitting here. i also millions of years back in time. where in the far east and it's a remote rich area holding russia's largest reserves of precious metals but artie's on this habit has one team whose treasure lies not in gold but bones. this week the russia closed up team is coming to you all week than the far east and more region now for many this region's distinctive juicer its proximity to china and its vast reserves of what materials and natural resources but paleontologist and his team it's the bones of ancient dinosaurs discovered deep within the ground

here that will put this weekend firmly on the map. you rebuild is a man obsessed with piles of vinyl an age when dinosaurs rule best part of russia he may have been born in the countries now less than areas that it's the far east on tap jurassic history in the region to which he's devoted his adult life represent to her very near. you know since about nine hundred forty eight with an unbelievable number of bones are buried here i think will be digging for at least another two years when they literally everywhere here we are no 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 move a decade ago led to the recognition of a new breed of dinosaur or not it's done or giant swan at twelve me so long have all found almost exclusively here and it was you the son who first stopped at

a fragment of tail bone sticking out of the father and son went on to make paleontology history than since followed in his father's footsteps it's painstaking work requiring patience and skill in equal measure one who discovers along with we begin to remove the ground around it from a foreign. your hand and a show where a girl who are slow because zero can be more in the ground around it. alive this. year eleven team of an excavating this site for the past three years and already they found well over a thousand dinosaur bones approximately sixty five 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 are all new slightly the fragments of another giant duck billed plant eater unique to the region and named in its honor the are

more saurus is another previously undiscovered breed credited to team the lot ski which includes natalia also as scientists it was she who came up with both timeless alls names as well as taking day to day charge of running the region's only patients already the poetry and museum each new discovery missed you can fully catalogued and examines the aim is to inspire the next generation of dinosaur hunts it's. on ensuring the family's feats can do i'm remembered. here you can see a photo of you it will all ski at the excavation site and here you see photos of i'm going to soras this is the skeleton of an annoyance saurus what a stranger to reptile isn't it and so learn from the follies of history stars miles and this is charles marsh an american colleges in one thousand nine hundred seven here visited moscow and announced that there were no dinosaurs in russia and

everyone believed him yet luckily. comes from a long line of scientists who chose to follow their own instincts and secure 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 revealed a dinosaur jackpot alice habits are see regions. from russia's forest to the country's northern capital just a few minutes will be travelling through st petersburg with. it must come up to me before that i'll be back with a summary of on the news stories the headlines stay with us live from moscow.

to the of them is. to.

feel. wealthy british style. has nothing to hide if. hi guys. markets why not kendall. find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune into kinds a report.