move the joint see those who raise the movie that's the way it's the branding period really that's all it was that. you can the listener to. see don't need to go and. read this in the kernel was that you know as you said to retreat. dropping the dollar of china again raising the possibility of a new global reserve currency after washington left the u.s. credit rating slip. hundreds of thousands of israelis returned to the streets across the country angered by the high cost of living and on affordable housing prices. the us suffer as its biggest single loss of life in the afghan conflict as a nato helicopter is reportedly down by the taliban. seven

am in moscow i met transit 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 nine hundred seventeen standard and poor's dropped america's ranking one notch to double a plus this comes after a last minute deal earlier this week narrowly avoided the country going into thoughts as n.p.c. says the spending cuts agreed by congress are one and a half trillion dollars short and if it's not change the rating could fall further in the coming years the obama administration says the analysis is way off and will damage any recovery or he's losing cap and i'll have more from washington. well it really is more than anything a huge or 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. 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 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 he 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 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 to 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. economy in terms of any sort of new spending that could boost growth we saw g.d.p. growth stalled to almost a crawl in the second half of the year we saw on top of that the jobs report that came out on friday for the united states while it was somewhat positive but actually showed negative growth because it means that more people here in america have given up looking for work so politically there's really not that will in

washington to do what's needed to stimulate growth and financially they simply do not have the tools in their possession in order to improve things here and so while these credit rating agencies may sometimes be accused by some financial experts of having missed the mark long ago these small tiny 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. although senior analyst at green cross little believes this may just be the beginning of more serious troubles for the u.s. economy. it sets up an environment in which symbolically politically and economically the united states' leadership of the global economy has another kind of strike against that does reduce people's confidence it will get scared everyone away from riskier assets i think the bigger risk is to the word market with a very fragile situation in u.s.

housing as well as in 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 grade watch they're suggesting that this downgrade may be needed it could be giving up a process and not be can i do think that the leadership united states and therefore the dollar has come in for increasing 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 shape that makes the dollar situation look pretty good right now so clearly that doesn't look likely you may see regional currencies emerge with euro's and rules of branding being gas and and even brazilian b. i taking up some of the position at the dollar historically had in their respective world regions. china reacted to the news of a downgrade by suggesting a new stable reserve currency is needed instead of the dollar concerns also rising

in asia's third largest economy india well if i had some minister gave called the situation grave artie's priya sridhar has more from delhi. asian markets are tumbling they were tumbling on friday obviously we don't know what's going to hop in on monday and specific reaction to this news but many analysts many financial analysts here predicted this especially after the u.s. debt ceiling debate that took so long and in many ways is what people are saying led to these lower approval ratings i guess you could say so the markets have tumbled here people are losing confidence in the american economy obviously there are things that soaring they're seeing 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 they're telling us this along 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 and paste has a very vested interest in this if you think about what these readings actually

means that means of 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 won't the people here are watching what's happening in the united states very closely he's an investor is our ditching dogs in the wake of what's been a very tough week for the u.s. economy according to investor and author joe 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. and go on to the dead right 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 ok better off with the overall situation is much worse americas quadruplets then america if you take in the consider the things that they guaranteed they printed huge amounts of money you

know the world has gotten worse or hasn't gotten better but it sure the us would have thought that's why people are moving away from us government bonds because everybody knows that the us is in serious trouble and 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 the international stock markets the e.u. leaders criticized the rating agency standard and poor's accusing it of double standards and promise to establish a european agency in response or hysteria bush or has more from brussels. downgraded trust in the rating agencies to junk status. as the agency admitted a two trillion dollar miscalculation when deciding this downgrade the world's best minds working for them doesn't really surprise 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 day before phones collapsed in the credit crunch

they still had aaa ratings on those companies now that made the agencies lose their reputation but people lost their whole savings and triggered the world recession that followed. the rules are furious about as employees double standards they held with the white house before this decision they brief them a bell to it when it would take place what would happen that's now the white house to. respond to the media or even question the the agency's judgment happened last week when the agency's graded the european union countries and their ratings but now that's the gist of the agencies 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 not getting that money back. on

a small debt for man one giant black hole for a nation coming up later on the streets of new york what's the difference between our debt and those of our governments. it's much worse for a government to be why because we trust the government the right thing and they're doing absolutely the opposite of that don't you trust yourself to do the right thing in my within your means you get so that i can pay it off. the wave of mass anti-government protests is underway across israel biggest rally happening in tel aviv with up to a quarter of a million people attending they say they're angered by the high cost of living at an affordable housing in the country artie's policy or has more. the miscarry is electrifying what it did a mixture of jubilation and defiance they say they're not going anywhere until the

israeli prime minister benjamin netanyahu meet their demands apparatus organizers have been warning that some three hundred thousand people will take to the streets not only of tel aviv should also to be slim and several other cities tonight and still she says hey we're going to three hundred thousand people on 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 leading to the mission and in a time it took me to pass through the security checkpoint because hundreds of protesters walking in opposite direction photoshop that is no united and it just took an office demonstration which is the peaceful dimanche social justice and that's what they think right now we're not in slogan or that people will take back the ninety yet tonight also making the number seven march on who stopped wives of policeman a social workers our teachers our doctors all of them drop 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 quite controversial housing legislation that was passed earlier this week by the israeli knesset all these really parliament and according to protesters here it caters to the reach the rich again making affordable housing out of the reach of ordinary people now he never to be the comparison is being made but he not be seen here in this well 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 what's child 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 that some people here have dogs tuffy a square. corner of course being a reference to the copies of egypt revolutions a city that is

a comparison we all still being young people come to see to this is a demonstration in its own mobilize by the youth in much the same way as it was in egypt the civilization is also taking place online with people constantly tweeting people hating on facebook casing pictures and videos on you tube and like we saw in egypt people calling told me she changed out israeli prime minister benjamin netanyahu has been very quiet in his response to much the same as the top people of egypt and president of the bar it was at the top it said yesterday that the city deceived me issued a scathing attack against saddam hussein that not only was he out of touch with the people if it be visiting with try and watch these demonstrations in the uk in the finale that in the past few days that demonstration is part of a movement keep trying to keep it be tried here is. the problem mobilize people

are saying they believe nowhere and some of the government is a monster the next anomalies placea sees. it as a member daniel says prime minister netanyahu doesn't realize the protests are rooted in public discontent and not coming from political rivals. people hear yelling shouting being industry. tens of thousands he won't see the police shooting all beating the put this is 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 be they have not read any wounded in the last three weeks i don't think it will be different in the coming weeks this is a strike usually professionals it's not of unemployed people we have almost no unemployment but you do everything and say you cannot have a decent life this administration has no right to be

a left wing views it is moost of the mainstream israelis who feel so bad about how they live and they go to district like to night and maybe next week and i don't think mission a ten year old gets the right view of these demonstrations he thinks that political parties are behind it and he's wrong. thirty 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 wardak province the incident marks the biggest single ross of rights 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 all solid rock radio benjamin from the antiwar movement code pink says the u.s. is cause too much damage in the country and it's time for 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. who are 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 end for 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 al-qaeda 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. remember our web site always is plenty more including video blogs and analysis here's what's a click away right now. check out this dramatic video of firefighters battling a warehouse plays on the south of moscow. to go from london to run didn't stand a group of hardline islamist watch a real law and posed on the u.k. which could condone to education for petty theft to illustrate the point check out the cartoon section of our website will be drawn all the major stories of. people loyal to former ukrainian prime minister yulia timoshenko continue to

protest her arrest her supporters of set up a tent city near the center of the capital kiev she was arrested friday for contempt of court or he's alexei or she has more. several dozen supporters of you to go are protesting here believing that the case is politicized and being orchestrated directly by president victory on the court which several hundred more people are stationed in the tent camp at the main c. the main street in kiev because radix tree that's where the court building is we're hearing off constant clashes between the supporters of huge machine go and the law enforcement offices 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 clear 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 a 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 huge machine 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. out of some other stories making headlines across the globe protesters have fought with authorities in the north london as rioters try to storm a local police station shops in a passenger bus have also been set on fire plus several patrol cars demonstrations began after a twenty nine year old man was shot dead by a police crime unit earlier this week more than three hundred people took to the streets of britain's capital commanding justice over the killing. syria's foreign minister has pledged free democratic general elections by the end

of the year and this comes as activists say fresh clashes in syria have left at least twenty four people dead with security forces. firing at anti-government protesters the six day crackdown has now reportedly killed about two hundred people across the country international part of a nation of the violence is growing and the u.s. says they're working on new ways to influence a situation just sanctions. and seventeen people have been killed or injured in a multiple vehicle collision in southern china state media says the pilot and after two trucks collided flipping one of them into the path of an oncoming passenger minibus authorities are investigating whether overloading the vehicles involved may have been a factor in the crash. coming back now to the u.s. debt drama that seen its top tier credit rating take a hit now if you or i were deep in debt the bank is always ready to pounce and yet it's only now that the u.s. which owes trillions is seeing its credit score decline. people in times square why

could sue murs seem so rejected. but i think so many people allow themselves to get so frightened that it's the it's the age that we live in everybody sees the person next door that they've got a brand new car their 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 your own i you just you don't pay attention to it. i think we pay less attention to it and we probably think a little more about what we need and what we can't afford it's all about thinking yes i think so is it worse for you to be into personally that it is for the government to be in. it's much worse for

a government to be why because we trust the government to do the right thing and they're doing absolutely. that but don't you trust yourself to do the right thing and live within your means i do mean dad just so that i can pay off debt is dead it's bad for governments bad for individuals and the government should chill 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. finally as we travel thousands of kilometers east of moscow and millions of years and.

taking you out of the far eastern region a remote but wealthy area holding russia's largest reserves of precious metals argues ours hibbard some of those in one treasure team whose goal is not gold but. this week the russian place the team is coming to us all week from the far east and more region for many this region's distinctive juice to its proximity to china and its reserves of what materials and natural as the will says but the one paleontologist and his team it's the. dinosaurs the school the deep within the grounds here that will put this region firmly on the. u.t.v. lawsky is a man obsessed with the polls a bygone age when dinosaurs ruled this part of russia he may have been born in the

country's north and western areas are not it's the far east untapped jurassic history in the only religion to which he's devoted his adult life purpose of a very near. you know him since about nine hundred forty eight an unbelievable number of bones are buried here and 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 decade ago led to the full recognition of a new breed of dinosaur or laura to town or giant swan at twelve mr long have all found almost exclusively here and it was you the son who first stops 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 a long way. to a room or the ground around it from a foreign. your current. where a girl forward is low because it can be more in the ground around it. but why is it. yuri 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 within this small plot alone i'm told that these will most likely be fragments of another 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 ski which includes an italian isso 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 paid for a tree and museum each new discovery must be carefully catalogued and examined aim is to inspire the next generation of dinosaur hunters was the one ensuring the family's feats don't go i'm remembered for the let me. see if i have you at the excavation site and here you see founders of iran's arts and scared of him or his arse and kerberos ours quite a strange looking reptile isn't it and so learn from the follies of history stars miles and this is charles marsh an american parent ologist in eight hundred eighty seven he visited moscow and announced that there were no dinosaurs in russia and everyone believed him luckily yuri belong 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

their determination and no small amount of digging that revealed a dinosaur jampot alice habits are see the more regions. back with the headlines after a short break stay with us. the .

wealthy british scientists are. sometimes writing. in significant. market finance scandals find out what's really happening to the global economy for a no holds barred look at the global financial headlines human food crisis a report on our chief. the looming. just say. this.

if. i am a. man in washington would be so much brighter if you move the band's sound from funds to impressions so. these firms start on t.v. dot com.