we've got it for. the biggest issues get the cuban voice face to face with the news makers r.t. . stories so that we can our t.v. financial crown strips a last minute deal on the debt crisis can save us from a shock credit downgrade as we reported. on bad value to wall street the worst week in over two years with that problems in europe also with prices for the markets are bracing for monday may happen. plus egypt's top the president goes on trial on charges of mass murder and corruption that people feel the revolutionary regime the place thing is little better. under neighboring israel hundreds of thousands of people take to the streets in the month president

a nationwide rally to mali with government they blow living costs all go. hello this is art see you're watching the weekly our roundup of the top stories in the past seven days with me kevin our internet it's now eight pm here in moscow and first on friday the financial world was shaken after the u.s. was stripped of its top tier aaa credit rating by standard and poor's agency for the first time since one thousand nine hundred seventeen its rating has been downgraded to double a plus with a negative outlook white house officials on the defensive saying there's a two trillion dollar calculation mistake s. and p. admitted that but it is sticking with its decision saying the huge budget deficit is still a cause for major concern all this despite a last minute debt deal which narrowly. ok country from the fold economist says the

stock markets are set to go crazy on monday. i do think it's sunday night local time here in new york or monday morning for egypt when the markets open in new zealand australia and then quickly thereafter and very few feature we're going to see some of the dislocation that we had all here because we kind of headed into this disaster over the last one there too complicated which is actually mentioned in the press release complicated by that complete dysfunction of the u.s. congress we're going to see another shock wave it into a global economy and global financial markets that spent the last week for them going to fight it's fair so i think great a very sensitive requirement here and while there's no good time to be downgraded the timing of this s. and p. downgrade of the u.s. from aaa to double a bust could not be worse 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 and i would remind people to ask pete didn't just downgrade the united states he put us on further downgrade watch there suggesting that this downgrade need to be big the beginning of a process and not the am america's ratings cut response internationally china is demanding independence supervision now of a us dollar operations and is calling for a new stable reserve currency singapore based investor north jim rogers says that i desire to see is justified. 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 debt is skyrocketing gone through the debt but through the roof america's in worse shape now than it was before america spent a lot of money and the people who got ahead money are better off but the overall situation is much worse america has quadrupled its debt america if you take in they

consider big things are paid guaranteed they printed huge amounts of money you know the world has gotten worse or hasn't gotten better but is that the us will depart 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 a long lasting political bickering over the u.s. debt ceiling followed by the last minute deal is widely seen as another factor undermining trust in the american economy that is going to put our explains. help us avoid the fall debt ceiling nation default and this crisis time's running out the entire world is watching it's been a public spectacle filled with the bickering grandstanding and lack of compromise i devise a debate over raising the u.s. debt ceiling created an unprecedented climate of uncertainty over america's so-called sound economy damage been done no matter what happens now everybody really thinks the united states isn't so secure it isn't so safe even if the

craziness subsides it seems to have got real close and who knows whether the next month next year this war will walk again since the underlying causes economic problems are getting worse in this country point five trillion dollars of america's borrowing is owed by foreign countries experts say washington's mismanagement may cause investors to abandon the devalued dollar and end their partnership with america it's like being married to someone deciding after so many years the richer you well know what or why did you. come up with this relationship the u.s. will be. the only game in. the winter he is making noises chinese making noises were you know we're not alone now in our ability to be a repository for financing in the world the result could spark a replay of the two thousand and eight economic meltdown except this time

washington not wall street would be responsible it's like the batteries worn out the spark plugs don't work the tires are flat all of this and so what we're trying to do is say we've got a little bit of money in the bank rescue that that down but we're not doing anything to fix the economy and so we're putting ourselves in a bigger and bigger hole not just because of the debt but really because we're not creating any way to get out of that instead of us president repeatedly asked americans over the past week things to join the campaign to borrow and spend more make a phone call center e-mail tweet keep the pressure on washington. and we can get festus while the eyes of the world have been following the heated saga playing out between us politicians the main problem not going away is america's debt and the growing realization that elected officials may never be capable of agreeing on how to solve it are enough right now r.t.

new york new york based friends full custody battles selenski told us to the despise the last ditch attempt to salvage that strategy the new great depression might already be on the way the american economy as well as much of the global economy is heading into the greatest depression anything everything that they're doing is not going to salvage it the great depression is underway and all they're doing is trying to make it look as though they have a plan to stave it off they're not going you know what's the reputation or reputation is by what you deliver denied states can't deliver the united states can't deliver on its wars it loses wars within iraq afghanistan the war on drugs the war with libya they're losers the the government did everything that they touch look at all the trillions of dollars the tens of trillions that have been pumped into the system since the panic of zero eight struck by the federal reserve by d.c.

with the stimulus bailouts too big to fail it's everything they do they turn to failure why would any thinking adults look at the republicans and the democrats in that way and the incompetence to come up with a program that's going to salvage the nation investment type of incompetence looking to the same people that caused the problem to resolve it that's called insanity the business of america when i used to be a young man it used to be business now the business of america is war. so sergio also learned so you will be returning to the economic woes afflicting both sides of the atlantic just a little bit later in the program the worldwide comic selling investors jettisoning their shares in the worst week for stock markets since two thousand and. six egyptians are finally saying a former president go on trial over charges of killing and corruption but many feel the revolution which deposed by the life even tougher laws knew about it denied the

charges against him in the opening of his hearing in two accusations of bordering the killing of protesters and if convicted american face the death penalty and eighty three year old was in a hospital bed when he appeared alongside his two sons and top aides who were also accused of corruption a mass killing however six months after mubarak was toppled the post-revolutionary chaos makes many egyptians yearn for what went before. from the stores. this quaint cairo is now one of the most famous in the world many around the globe even those with little knowledge of arabic know its name perfectly it means liberation well the revolution of january put this part of the globe on the map but apart from that what else did is read the people of egypt. this man has been running his own business for thirty five. it used to bring him enough money to send his son to study to canada and take his large family in muncie between the economic

to the station calls try and rastan political uncertainty comments into price has been badly action now he can balance food to feed his children he says the winds of change me freedom to egypt and the grant is the final straw and it's really. you know i like the revolution one half and i welcome the. time we call life on the planet we see it's not getting better we have nothing to eat just don't tell me about the man. but that's up for hungry people again and it just doesn't matter because. the plight of poverty fuel the revolution your growth has dropped from five to just one percent some thirteen million people live below the breadline unemployment as he twelve percent. egypt's revolution was regarded as the major successful arab spring chapter and it took eighteen days to end one of the world's longest dictatorships five months on there is little satisfaction and dictator free

egypt is far from the best place to live and we really have the people who are getting very tired and they are getting already heartless people now i thought you know about mubarak as well not only that they. would be a better solution and this in fact as they are very sad that is out people are indeed tired even those who back the changes this young man is from the revolution youth caliche and he tries to remain optimistic and he says sounds a lot like south conviction that he was like we've been living under mubarak for many many years too many i'd say but it's great what we did but we do need to be more patient and this is difficult we have a lot of problems right now but we do need to wait for a little longer i recently need to mistreat sions in the big square show the place choicest and has been pushed to the limit and it's traitorous versus patients in

the battle to save egypt's from crown in france great option or r t cairo. life said to get only worse two for the egyptian people as they fall prey to a political game says every man and girl he's written extensively about egypt's uprising. there has been no revolution in egypt i said so and in our t.v. interview in late january i believe exactly that would be the outcome because this was incited from the outside it was designed to get rid of mubarak who was a thorn in the side of the obama middle east policy and put the same people in there with it with a different face at the top a lot has changed and it's largely unfortunately changed for the worse the economy plunged since the events of january the tourism is not going to be bombed back any time soon but even still there was a rather healthy growth curve in the last several years even while mubarak was still in power and that that has dramatically changed for the worse this never was

about democracy in the first place a lot of youth were brought onto the streets under the illusion that it was and now you have the muslim brotherhood positioned to become the leading political party in the in the elections when they're held. that doesn't bode well at all for this so i don't think young people have more democracy i think perhaps even less almost sixty people have reportedly been killed across syria as the government continues its military crackdown on protesters over forty of those fatalities are said to be in the city of the war and twelve in the home province it's just the latest of many violent responses to an uprising that began in march earlier this week of forces stormed the city of hama killing twenty full human rights legend said that overall more than one of the half thousand people just before the latest wave of violence the country's foreign minister promised a free and fair general election at the end of the year president says that if syrian leader bashar al assad fails to stop the violence and carry out reforms his

fate could be a. north cities unfortunately the situation in syria has taken a dramatic turn we real politicians should follow developments but gadhafi gave violent orders to destroy the opposition the syrian president gave no such orders unfortunately a lot of people are dying in syria this is our biggest concern in my private conversation with the president of syria and in the private letters i sent him i discussed the same ideals revealing of the need to be carried out but you should establish peace with the opposition establish peace in the country create a smoking state if he fails to do that then a sound future awaits him at the end of the day we'll have to make a decision we're watching the situation it is changing our guidelines are to. use what's there part of an extensive interview that dmitri medvedev gave to r.t. as well as the echo the radio station and georgian t.v.

channel played an extended versions coming our way a little bit later this hour as well. in israel more than a quarter of a million people took to the streets some saturday night in the latest show of discontent with the government that's after three weeks of protests over the soaring cost of living with activists demanding the prime minister steps down preliminary neo's responded with the promise of great changes in israel's economy a special panel been set up to deal with the crisis has even led to calls for a revolution similar to that in egypt with one television street labeled as israeli talia but as poor as the reports next protesters are concerned it's taken this much pressure just to get any kind of reaction. tens of thousands on the streets of israel angry today and protesting for change but is anyone listening when it comes to a lot of the foreign media want to see more of an action movie and. very violent it's been very. very positive. well into week three the

largest demonstration in israel in over a decade and how did a.b.c. c.b.s. and n.b.c. cover it they didn't a younger woman set up a tent like the editors of france twenty four b.b.c. and sky coughed up just a few meager seconds perhaps not even that interesting. in the studios ok there's a protest well what exactly is the protests the social protests for the revolution it's not the same kind of story that they used to it's not as big and dramatic as some of the bigger revolutions happening around the middle east and i'm here in israel isn't surprised by the worldwide lack of media interest he's worked in israeli place for decades reporting from media both foreign and local there is a box that the international media has put israel is really palestinian conflict also israeli lebanese and syrian conflict and anything that doesn't kind of put

into the. type of of news item which is unfortunate that just makes hundred reyes and others angry for nine days she's been camping here furious that you can't make ends meet as a university student in excel said that when he decided to stand up and say we've had enough and. in lebanon they decided to say we've had enough the media was all over there i haven't seen anyone from c.n.n. or fox news or any other big news channel here and it's really sad we also deserve a chance to be heard out on the streets has been. it's not your corner by some of the people here and optimism perhaps the pain too to bring down the government in the way the neighbors in tahrir square rode the bus was the plan was they were willing nonstop here they push the absence for a c.e.o. seat. and still to come in the program arrest under arrest grips ukraine

as police around the tent city set up by supporters of the plane from the prime minister and jenkins the spread of security forces lurking in the background meantime the reporter might come from also causing all things being hands in london the hardline muslims pressed for the introduction of tougher islamic sharia laws in the british capital that's coming your way in a few minutes. european central bank officials are holding emergency talks on how to prevent italy from becoming the next victim of the debt crisis that's after the german government reportedly admitted that the e.u. rescue fund won't be able to save its of any the euro zone's third biggest economy if it needs help this week europe and america's debt difficulties to get panic on the markets but still the worst plunge since two thousand and eight economic journalist patrick young told us it's high time the banks stop cashing in on the truck. the european union's bailout fund is on the verge of running out of money as

soon as one of those major economies such as spain or italy defaults and every day the market is saying it is terrified of the debt that has been built up in the system and it's a cold by the fact that nobody in the euro zone one starchy leader so i think this problem i think the public is being kept in the dark and it's been sent a lot of smooth messages from the political classes that don't really hold up to the stark reality of markets i think the problem is that ultimately banks are going to have to lose money as part of this entire play they originally bought a lot of these bonds thinking there would be an endless. keep interest rates for all of these countries and effectively the game is up about players super government. just step in they need to restructure the market and we actually need to see that even the word default in other words some of the bonds have to go bust or the bonds have to be restructured and ultimately some here in moscow end up with the banks it was the economic analyst michael ross talking to us in the week saying

it's not the euro debt which triggered the market panic but the political wrangling in washington. i'll tell you one thing this is not a normal crisis and this was not a normal crash that we had this week. it was the beginning of the end what is dealers that has three got all these problems the illness is called dead of western nations over debt don't lose their credibility and what happens when they lose their credibility then banks are going bankrupt and i tell you another thing only in a short time all variants of the most important banks worldwide in the western world will be taken over by government by the governments and another thing it's not the discussion of the euro and the debt in europe this is of course a problematic issue it was the discussion about the debt ceiling in united states that triggered this mess. well of course we're keeping a close ear in u.s. debt woes on the market's reaction to the. web site and if you follow

a twitter feed there's a link on our web site instead so you can hear it straight from our worldwide correspondents and got the latest news updates that are to underscore all facebook to also illegal facebook on our website search for our new top videos stories ready and waiting for you can also join the discussion of what you're saying it's always good to hear from you and rapidly expanding extensive trial on you choose to go to reports from programs they are available when you won't but you can subscribe to us and explore the news from russia and iran the work. of missions free cretaceous free store charges free. arrangement three. three stooges free. old free broadcast quality videos for your media projects for free medio dog parties dot com . riot police have surrounded tent camps set up in ukraine's capital

by supporters of former prime minister yulia tymoshenko who was arrested on friday the protesters fear officers may storm the camps south of the course where her trials take place back gatherings outside of his lectures yes he's got the latest from kiev. ukraine's former prime minister yulia tymoshenko still remains in detention center in here following the decision by according here to based on the arrest for that i've been forbidden to leave the country now she was put behind bars as the judge just explained because of her bad behavior during the trial now. he's being accused of several very high profile economic crimes including striking unlawful gas deals with russia back in two thousand and nine it's interesting because there has already been a comment coming from the russia's foreign ministry saying that the old these deals signed in two thousand and nine were completely legitimate and were signed in full

accordance with the two countries legislation and urged ukraine to hold a fair and transparent trial over the country's former prime minister yulia timoshenko they've also been very sharp remarks coming from europe in regards to the detention of you to strangle with many organizations in europe the parliamentary assembly view of the council of europe all criticizing this decision and urging the authorities in ukraine to release going to hold a fair and transparent trial on what we understand of the protesters which are picketing the detention center that's where i'm standing right now and the court building in downtown here are determined to stay there twenty four hours a day and when her stand that they are trying to garner more people are asking people from all over the country to come to kiev and voice their their protest against the decision to place your ground arrest. jet ski reporting also in brief tonight over forty people have been arrested in dozens most of the policemen injured of the riots flared up in north london protesters attacked offices over the

fatal shooting of a twenty nine year old man last week rioters threw petrol bombs of police and torched buildings a bus and patrol cars more than three hundred were involved in what began as a march to the man justice for the killing. israel supreme court started hearing an appeal from the country's former president moshe katsav in march he was sentenced to seven years for raping an employee college accountant chemistry nine hundred eighty eight he was also convicted and sentenced for sex offenses against two other women during his presidency but allowed to stay out of jail while he appealed for former presidents denied any wrongdoing claiming his pace is politically motivated . hardline muslims in britain have started a campaign to put several areas of the u.k. under strict sharia law banning drinking gambling and listening to music just a small part of the proposals artie's lorimer spin hearing how they want to instill the tough code. so we are here to tell you that is man and is

unstoppable in europe stoning for adultery cutting off hands for stealing death of renouncing islam this group of men is trying to enforce shari'a law in the u.k. they've started a campaign to make certain areas of london and other cities islamic law controlled zones starting with walthamstow east london before you go to forbidding evil because of these families will try to fill them with some of the muslim community also looking to believe the muslims live together trade according to the sharia is all the problems. and even police themselves for logic start hopefully one day to harvest on the government's push we have apology locally security locally and you provide water locally childfree and his friends all fly posting parts of london with large muslim populations they want to ban drinking gambling and playing music and they say they've got bands of young men ready to patrol and in full shari'a law

by any means these muslims say british society is broken riddled with drugs crime and prostitution because of that they firmly believe members of the communities that targeting will welcome shari'a law but the word of the street about the campaign tells a different story comes down so if you don't like the laws of the place you live for and so my way. this is not india or pakistan this is including our own laws people have no rights can hear bring their laws in here councillor martin agrees saying this could destroy community cohesion we've got squads scurry around the bar taking down houses assumes that because we do not want these posters around i do not represent. that they have no place to move in for us this is an equality campaign is they the shari'a supporters shouldn't be considered a religious movement as a phone right political organization with a priest to campaign divine. to divide and conquer communities the danger lies in

dividing people dividing communities creating mistrust and particularly among from non muslims towards moderate muslims i think this is part of their aim is to create mistrust so they can then turn to moderate muslims and say look everyone hates you we're your friend turn to us undeterred by opposition the law childfree and his group plan what they see is the beginning of an islamic emirate not just in case the all over europe police have mobilized to take these places down as fast as they appear but choudhry and his group say they formed bands of vigilante and forces to make sure syria is headed to berkley all physically and in other parts of london women have already been harassed for not covering their heads if these muslims ever get their way i won't be able to dress like this on the streets of los them stay or many other parts of london brussels rome and harris lore and it's r.t.

well from stone love to close to twenty eight minutes past eight pm moscow time somebody reading that here the russian capital case got the latest sport feel about fifteen minutes time there's a thrilling matches to dob in a community shield when you know you have all the routine at a much easier time of sports to show full details will work coming up headlines next in a few minutes with me coming up. these

used to be an ideal place for a holiday to change in a moment. the booms of war are still visible. the republic is not only relieved but also shaping the future. wealthy british science. sometimes. markets why not. find out what's really happening to the global economy in the kinds of reports on our.