india oh she's available to move the joint see those who raise the violence the way it's in the ground imperial truly the socialist. new to listen to socialism which says don't need to go and. run this in the can it was that you know as a retreat. dropping the dollar china again raises the possibility of a new global reserve currency after washington loves the u.s. credit rating slip. hundreds of thousands of israelis return to the streets across the country angered by the high cost of living at an affordable housing crisis in. the us suffers the single biggest loss of life in the afghan conflict as a nato helicopter is reportedly down by the taliban.

two am in moscow i'm not treasurer good to have you with us here on r t our top story the united states prize aaa credit rating has been cut for the first time since one thousand nine hundred seventeen standard and poor's has dropped america's ranking to double a plus that's one notch down is comes after a last minute dead peel earlier this week a narrow lead rescued the country from default s. and p. says the spending cuts agreed by congress are one and a half trillion dollars short and if it's not changed the rating could plummet further in coming years the obama administration says the analysis is way off and will damage any likely recovery or he's losing cabinet has more from washington. well it really is more than anything a huge are symbolic and unprecedented blow to the united states to its status as 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 representations here for the american people for the u.s. government could be severe now while this only takes it down from aaa to a.a. plus with a negative outlook threatening in fact that the rating could get lowered even more in the next two years what it does is it potentially is that is the message that the united states is a risky investment that it sent 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 higher 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 of the 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 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 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 stimulate. in 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 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 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 it in terms of higher interest rates could a really really cripple what's already seems to be a worsening recession here in the united states. wolf a senior analyst at green press capital believes this may be just the beginning of a more serious trouble for the u.s. economy but it sets up an environment in which symbolically politically and economically the united states leadership the global economy has another kind of strike against it does reduce people's confidence people get scared to run away from riskier assets i think the bigger risk is to the mortgage market which is very

fragile situation in u.s. housing as well as student loans car loans credit conditions generally and i would remind people to the s. and p. didn't just downgrade the united states they put us on further down great watch so they're suggesting it because downgrade may be big could be giving up the process and not be here i do think that the leadership united states here for the dollar has come in free creasing question over the last few years we know the direction that this is heading in more or less down the problem we have is that there is no other currency presently position to fill the shoes of the u.s. dollar i mean the euro normally mentioned as a possible replacement is in the shape that makes. the dollar situation looks pretty good right now so clearly that doesn't look likely but you may see regional currencies emerge with euro's regal's of bread. and even brazilian we are taking off some of the vision dollars. in their respective world regions china has

immediately reacted to the news of the downgrade by suggesting a new stable reserve currency is needed instead of the dollar concerns are also rising in asia is third largest economy india where the finance minister called the situation grave or his korea has more 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 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 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 think a lot of decisions not specifically being made when it comes to the two point four trillion dollars in cuts a lot of people are wondering if it tells us this along 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 paste 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. asian investors are getting dogs in the wake of what's been a tough week for the u.s. economy according to investor and author jim rogers. i'll be asians already know that america's got problems all of our 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 dead has skyrocketed and gone through the dead and 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 are better off but the overall situation is much worse america's quadrupled its dead america if you take in the

considered big things that they guaranteed they printed huge amounts of money you know the world has gotten worse or hasn't gotten better ok sure 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. as america's credit rating gets downgraded by a notch some fear the move could spark another black monday on international stock markets leaders criticize the rating agency standard and poor's accusing it of double standards and promise to establish a european agency in response or daniel bushell has details. we use downgraded trust the rating agencies to junk status the standard and poor's the agency admitted a two trillion dollar miscalculation when they saw it in its downgrade they claim to have the world's best minds working for them hasn't really surprised people here because most know that america has had unsustainable for many years now with everyone apart from the rating agencies it seems and the day before firms collapsed

in the credit crunch they still had aaa ratings on all those companies now that made the agencies lose their reputation but people lost their whole savings and triggered the world recession the followed e.u. leaders are also furious about some peace double standards they held with the white house before this decision they briefed them about it when it would take place what would happen and that's in the white house to prepare a response to the media or even question the the agency's judgment of the happened last week when the agencies did the european union countries and their ratings now that suggests that the agencies are inconsistent to say the very least and as a result the european union is creating its own agencies. for americans to see themselves having to pay more and more interest on their loans and having to pay more. is bad really for everyone around the world who lend money to

america because it raises the risk of not getting that money back. for man one giant black hole for a government coming up later we ask what's the difference between our debt and those of our leaders. it's much worse for a government to be in debt 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 you sell to do the right thing and live within your means i do mean debt is such that i can pay it off. to other news now on our t.v. a wave of mass anti-government protests is underway across israel the biggest rally is happening in tel aviv with up to a quarter of a million people attending one street has already been a renamed by some protesters as israeli top rear after the square where huge of revolution happened are his policy or has more. kerry is electrified with both head

to be made into two thousand and ten defiant they say they're not going anywhere until the israeli prime minister benjamin netanyahu meet their demands the fight is over and isaac have been warning that some three hundred thousand people will take to the streets not only of tel aviv but also jerusalem and several other cities tonight and still to today we're going off three hundred thousand people are here from where i'm standing up to thirteen tell you that there are tens of thousands of e-mails now police have been out in full force for at least twelve hours a total of all those leaving to this mission and in a time it took me to post to the security checks that cost hundreds of protesters walking in opposite direction cut that is so united and to the slogan office demonstration which is the face of the monster social justice and that's what they think right now we're here now to logan also the people will take back then country

yet you're not also making a number sir large groups of wives of policeman a social workers our teachers our doctors all of them throughout the course of the day saying that they were mobilizing the community then ordering them to come to the street tonight's protests also comes in the right controversial housing legislation that was passed earlier this week by the israeli knesset all these really condiment and according to protesters fair it caters to the rich the rich again making affordable housing also the reach of ordinary people going effectively the comparison is being made between what we're seeing here in israel and what has been happening and continues to happen in neighboring egypt this demonstration is painted over around a main street in tel aviv known as rothschild boulevard and there are tens upon hundreds of tents on that street people have been sleeping there they've been eating they've been holding discussions and meetings they've been playing instruments essentially they've been living their lives on the street at some people here have dubbed tuffy a square. tapia corner of course being

a reference to the copies of egypt should revolutions a city that is a comparison we all still being young people come to see to this is a demonstration and it's all mobilized by the youth in much the same way as it was in egypt the demonstration is also taking place online with people constantly tweeting people hating on facebook placing pictures and videos on you tube and like we saw in egypt people get pulling pull change how do you say prime minister benjamin netanyahu has been very quiet in his response to much pain at the top in the egyptian president hosni mubarak was that something that maybe ten to fifteen a fine day to the city to see if these issues are gazing at such a case of saddam hussein is not only was he touch with the people only if it be visiting with try and watch these demonstrations and the only thing that's another

bit in a positive way is that this demonstration is part of a movement in the country at the time here is very same people mobilize people are saying they believe nowhere and father the government says i'm on the next anomalies libya t.v. . knesset member daniel ben-simon says prime minister netanyahu doesn't realize the protests are rooted in the public's interest. rivals. people here yelling out shouting keeping industry i'm talking about tens of thousands he won't see the police. beating the protesters it's very polite it's very strong very polite as to how to change the policy of the government and how to have a better life in israel full time be they have not been any wounded seem to last through a few weeks i don't think it will be different in the coming weeks this is the shrike of history professionals it's not of unemployed people we have almost no

unemployment but you do everything and you cannot have a decent life this demonstration has no rights we are left reviews it is most of the mainstream israelis who feel so bad about how they live and they go to the street like tonight and maybe next week and i don't think mr netanyahu gets the right view of this them he thinks that political parties all behind it and he is wrong. 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 bardach province instead it marks the biggest single loss of life for u.s. forces in the country some of the officers aboard the helicopter were reportedly part of the same unit that carried out the assassination of osama bin laden may have been here many from the anti-war movement the anti-war movement code pink says the u.s. has caused too much damage in afghanistan and its type of them to pull out. but we

have seen in these last ten years of endless war is that the presence of u.s. troops is it strengthens the taliban it gives the taliban a reason for being and the more the u.s. troops continue to be there the. violence will continue a report recently came out from the international crisis group that showed that despite billions of dollars in international aid and over one hundred thousand nato forces the afghan people are not able to be secure everybody knows that this crisis has to enter negotiations the sooner it happens the better and i think this crash is really a time when we should say to ourselves in the united states how many more of our soldiers' lives are we willing to sacrifice for an unwinnable war bell kite is no longer in in afghanistan we have moved on to pakistan somalia yemen the u.s. has no reason to be fighting the taliban the taliban never attacked us in the

united states and only attacks are soldiers because we are occupying their country so i think with the financial crisis in the united states and now this tragic death of thirty one who are of our soldiers it is time to really say if you want to say victory and pull out or whatever but it's time to get out. turning now to other stories making headlines across the globe syria's foreign minister has pledged free democratic general elections in the country by year's end this comes as activists say fresh classes and clashes in syria have left at least twenty four dead and with security forces firing 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 in the u.s. is working on new ways to influence the situation beyond sanctions. seventeen people were killed or injured in a multiple vehicle collision in southern china state media says the pilot happened after two trucks cooperated flipping one of them onto the path of an oncoming

passenger minibus authorities are investigating whether overloading of the vehicles involved may have been a factor in the accident you know we see our web site always has plenty more stories and videos for you here's what's a click away right now. check out dramatic video of firefighters battling a warehouse blaze in the south of moscow. and the problem london to london says that a group of hard line muslims hope to impose your real law in the u.k. which could condone amputations per petty theft to illustrate the point check out our cartoon section where we draw on all major stories of. people loyal to former ukrainian prime minister yulia timoshenko continue to

protest against her arrest her supporters of set up a tent camp near the center of the capital kiev she was arrested friday for contempt of court parties like sara shows he has more. several dozen supporters of you are protesting here believing that the case is politicized and being orchestrated directly by the president's victory on the court which several hundred more people are stationed in the. main see the main street and street that's where the court building is we're hearing off constant clashes between the supporters of units in the shadow and the law enforcement officers 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. 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 and also been very sharp comments coming from the european union with almost all of the nations in europe criticizing the current state of affairs the fact that you listen and go 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. well turning back to the u.s. debt seen the top tier credit rating take a hit now if you or i get deep in debt the bank is on our backs without a way and yet now that the u.s. which owes trillions of seeing its credit rating score decline. just as people in new york why americans are so keen on brauer. why do you think so many people allowed 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 star lifestyle and that's what they want is so much advertising and people just want you to spend money so i think that's the difference between americans and europeans but you have advertising in europe are you just you don't pay attention to it or. i think we pay less attention to it and we probably think a little more about what we need and what we can afford that'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 into. it's 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. such that i can pay it off debt is

dead it's bad for governments bad 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 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. we take you next thousands of kilometers east of moscow and millions of years back and part. we're traveling now in a far eastern amur region or a mode rich area holding russia's largest reserves or precious metals artie's alice

hebert has met one team whose treasure lies not in the goal bombs this week the russian close up team is coming to us all week from the far eastern unmoored region now for many this region's distinctive juicer its proximity to china and its funnels reserves of rule materials and natural as the will says puts the one paleontologist in his team it's the bones of ancient dinosaurs discovered deep within the ground here that will put this region firmly on the map. u.t.v. lot of ski is a man obsessed with the cost of bygone age when dinosaurs ruled this part of russia he may have been born in the country's north and western areas but it's the far east on tap jurassic history in the on no religion to which he's devoted his life for the rest of the curvilinear like to be known since about nine hundred forty eight an unbelievable number of bones are buried here and i think we'll be digging

for at least another two years literally everywhere here the ammo region is located one of the few functioning archaeological sites only here going to 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 or to tan or giant swan at twelve mr long had of all found almost exclusively here and it was usually someone who first stumps a fragment of tail bone sticking out of the father and son went on to make paleontology history van has since followed in his father's footsteps it's painstaking work requiring patience and skill in equal measure one who discovers the war. two or more the ground around it from a foreign. and. very careful very slow because. more bones in the ground around it. just of our lives it's.

eerie and his team have been 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 dinosaurs i get to be found in this small plot alone i am told that these will most likely be fragments of another giant duck billed plant eater unique to the region and named in his honor the are more saurus is another previously undiscovered breed credited to team the last ski which includes notes hal you're also a scientist it was she who came up with both steiner saul's names as well as taking day to day charge of running the region's only paid homage of the burra tree and museum each new discovery missed carefully catalogued and examined the aim is to inspire the next generation of dinosaur homicides was one ensuring the family's

feeds don't go on remember that about recognizing one of you you can see a poor of your a blot skier excavation sites and here you see photos of my bonus oras as a skeleton of and i was doris what a stray hook a reptile isn't it and so learn from the follies of history stars and miles and this is charles marsh an american parents are just eight hundred eighty seven he visited moscow and announced that there were no dinosaurs in russia and everyone believed him yet luckily u.t. belong comes from a long line of scientists you 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 their determination and no small amount of teaching that reveals a dinosaur jampot alice a bit arty the more regions. stay with us here on r.t. i'll be back with headlines after a short break. to

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a man. to fish. the. vicious tree of this place where runs through the centuries. a paradise for archeologists zoo ologists and it's a logical tourists. was one fateful night shot. soixante you might.

how this republic got its my spine. hoping dreaming and reprints. more news today violence is once again flared up. these are the images cobol has been seeing from the streets of canada after. trying to cook for asians or all day .