the move go about joint people chose the us to go for a hoto the grand imperial tried to toss west coast coromandel you can a with a child close to her to sit down to go and talk present the kennel was her child as risk or treat. we stop stories here on our t.v. the u.s. is stripped of its prized aaa credit rating for the first time triggering fears of another global financial crisis has investors ready for monday. in the eurozone debt woes provoke a turbulent week with european central bankers now agreeing to apply its value and spanish bonds to stop the rot. plus israelis take to the streets as a quarter of a million protesters demand the government drive down the cost of living or hit the brakes. and we go to the republic of south ossetia marking three years since the conflict with georgia devastated the region but brought about recognition.

for i am in moscow live match as a bring you today's top stories and a look back at the week's news here on r t friday the financial world was shaken after the u.s. was stripped of its pristine aaa credit rating by agency standard and poor's for the first time since one nine hundred seventeen the rating was downgraded to double a plus with a negative outlook u.s. treasury department was put on the defensive saying there's a two trillion dollar mistake in s. and p's calculations they admitted as much but say they're sticking with their decision saying the huge budget deficit is cause for major concern the drop out negotiations for a debt ceiling deal that rescued the country from a potential default also shook investor confidence dr of from university of montreal says the u.s.

government's hands tied over the economy. it shows a lack of confidence in the u.s. government we are in is within an economy stormy to you no way and it seems that the as it is and b. and other economists are saying the u.s. government is. i realize it's a bit like a ship without a captain in a storm this is not very nice or very good and it doesn't look very good for the next two years because the election is only in two thousand and twelve and i'm going ben at the end the u.s. government is deadlock and cannot do any very serious policy decisions to counteract the calming down downturn and at the dangers that the u.s. economy can turn into a good economy good pressure and that's might be a politician's american politicians should be trying to avoid are trying to award an economy depression where china is a bit of prisoner of the united states you know the other main creditor of being

united states with more than a trillion and a half. dollars u.s. dollars is that the old. hold in their reserves i was the at the fear what china fears that the. american central bank with chemo money would buy what treasury bonds and that was this reshape the u.s. dollar that will depreciate their investment in the u.s. and they would be. paid back with monkey money that's why they are afraid down the road and they may try to draw from investing in the u.s. and by gold for example the reason why well it is going up so fast because countries like china and india but would instead of buying u.s. dollars. long lasting political bickering over the u.s. had ceiling followed by the last minute deal is widely seen as another factor undermining trust in the u.s. economy are he's a marine important i has more. help us avoid default debt ceiling nation default

and this crisis time's running out the entire world is watching it's been a public spectacle filled with 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 the damage been done and 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 gotten real close and who knows whether the next month next year this won't blow up again since the underlying causes economic problems are getting worse in this country for forty 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 their partnership with america it's like being married to someone decide. if they were jerks you will know little

or you how much. would this relationship know the us will be. the only game in which the your community is making noises chinese making noises you know we're alone now or realty 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 tears are flat all of this is what we're trying to do is say we've got a little bit of money in the bank let's say 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 dad but really because we're not creating any way to get out of that instead of the u.s. president repeatedly asked americans over the past week to join the campaign. to borrow and spend more make

a phone call send the e-mail tweet keep the pressure on washington and we can get past this while the eyes of the world have been following the heated saga playing out between u.s. politicians the main problem not going away is america's debt and the growing realisation that elected officials may never be capable of agreeing on how to solve it. r.t. new york. european markets also breeze marker monday morning after they took a hammering last week when while you central bankers have agreed to buy italian and spanish government bonds to calm the markets this after the german government reportedly admitted that the e.u. rescue fund won't be able to save italy and euro zone's third largest economy if the country needs help this week europe and america's debt difficulties triggered panic on the markets outside of course profit from the two thousand and eight economic journalist patrick young says the e.u. needs to change its crisis approach. let's try and understand both sides of the

numbers here the italian government oh one point eight trillion euros now that means nothing to anybody but that is bigger than the total government debt of our land portugal and greece put together before the end of this year it will eat needs to sell bullhorns debt which is equivalent to the whole of the greek government bond market in other words all of the greek debt that we've been talking about for weeks and weeks and weeks is being. italy is huge and it is just too big to manage it in any way be rescued in the way that other economies have soup far been revealed by the e.u. what the euro zone needs to do is completely rethink the approach that they currently half without actually a completely new approach some time by september or october or maybe november we are in severe danger that the euro zone is going to collapse. still ahead in the

program new political upheaval grips ukraine as police around the tent city set up by supporters of detained former prime minister yulia timoshenko the threat of the security forces lurks in the background and also. in a landmark trial former egyptian president hosni mubarak faces charges of conspiracy to murder and corruption but many feel little has changed since the revolution. first though at least forty two people have been killed in syria's eastern city of darryl's who are in a government crackdown on protesters scores of tanks and armored vehicles are reported to have entered several areas of the city after heavy shelling according to reports another twenty died in clashes across the country this comes only hours after the country's president bashar assad declared syria was headed toward reform activists say more than sixteen hundred people have been killed in clashes with pro-government forces since the uprising started in march the fessor mark all the

end of modern history lecturer at oxford says there's a lot going on behind the scenes in syria. we turn to syria tears peaceful demonstrators against patients. so you should we practice the weapons have. some of iraq's parliament. years or your parish. grow our percent of americans their medicine our schools and. so we have forced a writers of over to. intrigue going on behind the rhetoric of folks who. are who represents the people of the real danger is that we. and who are in sort of . well the revolution is over but a few in egypt say their lives are getting any easier even considering that their former president is finally on trial charged with killing and corruption. and i have the charges against him at the opening of his hearing into accusations of ordering the killing of protesters if convicted mubarak could face the death

penalty if you will was in a hospital bed when he appeared alongside his two sons on top aides also accused of corruption and mass murder but six months afterwards was toppled the post revolutionary chaos makes many egyptians yearn for days gone by are his memory of an ocean of reports that will get this quaint cairo is now one of the most famous in the world and many around the globe even those with little knowledge of arabic know its name the three it means liberation well the revolution of january put place possibly live on the map but apart from that what else did bring the people of egypt. this man has been running his own peace news for thirty five. it used to bring him enough money to send his son to study to canada and take his large family abroad one seeing between the economic devastation caused by and rest and political uncertainty muhammad's enterprise has been badly in fact now he can barely in food

to feed his children he says the wind of change me have brought freedom to egypt and it's brought a survival stone in its wake. but you know i love the revolution when it happened i welcomed it but look at the time like a light at the end of the tunnel you see it's not getting better we have nothing to eat just don't tell me about democracy for hungry people it just doesn't matter. the plight of poverty fuel the revolution good growth has dropped from five to just one percent some thirteen million people live below the breadline unemployment has hit twelve percent. egypt's revolution was regarded as the most successful arab spring chapter it took eighteen days to end one of the world's longest dictatorships but five months on there is little satisfaction and dictator free egypt is far from the best place to live and the people who.

will now walking about as well much better than the day is with a lot of loot and this is a very sad what is that people are indeed tired even those who back the changes they see a man is from the revolution youth caliche and he tries to remain optimistic because he says sounds a lot like south conviction that he got out of a state 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. recentre need to mistreat the square show that this toy's is and has been pushed to the limit and it's protests versus patients and the battle to save egypt from crumbling further. r t cairo. and life

may only get worse for the egyptian people as they thought prey to a political game according to william engdahl who has written extensively on the egyptian 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 youths 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 bode well at all for he just so i don't think young people have more democracy i think perhaps they have even less. in neighboring israel more than a quarter of a million people took to the streets saturday to vent their anger at the high cost of living in an affordable housing crisis israeli prime minister benjamin netanyahu responded by appointing a new financial team responsible for examining a reduction of taxes and improving access to social services those are his policy reports protesters are concerned other still not getting their message across. tens of thousands on the streets of israel angry. 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 this hasn't been very violent it's been very haven't been violent at all it's been 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 that they didn't a young woman set up the tent while the editors of france twenty four b.b.c. and sky coughed up just a few meager seconds perhaps not even that interesting to. look back in the studios ok it was a protest well what exactly is the protest a social protest for the revolution it's not the same kind of story that they used to it's not as big and dramatic some of the bigger revolutions happening around the middle east and i mean isn't surprised by the world might lack of media interest he's worked in these really place for decades reporting for media both foreign and local there is a box that the international media has put israel in and that is the israeli palestinian conflict also israeli liberties and syrian conflict and anything that doesn't fit into that. immediate 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 she can't make ends meet as a university. student it makes little sense that when egypt decided to stand up and say we've had enough and. in that you know they've decided to say we've had enough the media was going over there i haven't seen anyone from c.n.n. or from 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 dubbed feel cornered by some of the people here an optimism perhaps the pace can bring down the government in the way they made the same time his school. bus was the cameras they will stop if they push the absence for to see. that they. are keeping a close eye on developments in israel at r.t. dot com and if you follow our twitter feed you can hear straight from our worldwide

correspondents with the latest news and updates are to underscore twitter and turn to facebook you can search for news you'll find our top videos our top stories and video there are plugs moneymore and much more and you can also join the discussion on what you're seeing on our air plus there's our rapidly ever expanding you tube channel where our reports and programs are available twenty four seventh's can subscribe to us and explore news from russia around the world. could take three. three. three. three. three. three. videos for your media project free media. time. we've been sort of early august three years ago changed the map of the caucasus forever the five day war unleashed by georgia against its former republic of south

ossetia left the region devastated like any chance of reconciliation in the foreseeable future are these medina cochon of a reports on the new remember and ceremony for the victims of the conflict in the south especially in capitals involved. here in the central square of the capital city to involve the morial services are underway the ceremony started as a loving three. exactly the time when george opened fire over the city throwing people out of their bats hundreds have come here to light candles and pray for those who guide him three years ago in a brief conflict mainly are listening to the reading of the elements and they're looking at pictures there would take you as you ring the conflict and are being shown on why screens that are placed across the central square of the atmosphere here is of course the very male wearing black and some women even have a picture of their dad or relatives on their chests locals we talked to say that we

never expected such a sudden attack comes when it's very difficult to answer this question because in any case who are always present poses the suffering and pain to all the bereaved family who can justify any words reasoning can bring back the lives of innocent people and i think we should realize that such mistakes should not be repeated and we should put maximum effort to avoid the suffering of children human life is very precious and we can't afford being responsible when it comes to it who can kill people over territory or borders or any other reason we put our governments choose to use. the georgian aggression and the tough policy of such really evil my deepest resentment i think we should all live in peace and try to find ways of communicating other than war. memorial services and will continue in different parts of the certainly on monday the war lasted full five days but hundreds were killed and many injuries and the face of the city has changed with three years with

a new residential areas in new roads and hearts being open still locals say they are trying to restore their lives and memories of what happened here a still life in their hearts. russian peacekeepers stationed out the south especially in capital were among the first to experience the georgian onslaught president richard vedder recalls the tragic events of that night. the recent let me remind you what was going on there on the night between august the seventh and all gets the eighth while i received a phone call from the defense minister that i was on vacation at the time sailing down the volga river and the whole world was looking forward to the olympics that were about to take off in china the minister told me that georgia had launched a full scale combat operation to be honest my initial reaction was complete doubt of that i told the minister sure so we should check this but the second is really completely out of his mind maybe it's just a provocative act maybe he stress testing earlier seti and in trying to send us

some kind of message an hour later the minister reported to me that he this is no bluff they've unleashed an all out artillery barrage and they're using grad rocket launchers and whatnot i said all right i'll wait for another update some more time passed and the minister called again i have something to tell you i believe they've just leveled the tent full of our peacekeepers killing every one of them what was i supposed to do i said return fire and shoot to kill. dmitri medvedev gave that interview to r.t. along with a whole lot of the radio and georgian t.v. channel peek extended interview coming your way in about ten minutes here on r t stay with us also still ahead in the program cutting the hands off eaves in the london hard line islam is for us for the introduction of tougher real laws in the british capital is coming your way. first the riot police have surrounded tent camps set up in ukraine's capital by supporters of former prime

minister yulia timoshenko who was arrested friday protesters fear officers may storm the camps after the court where her trials happening band gatherings outside parties like sarah shows he has more from here. ukraine's former prime minister yulia timoshenko still remains in detention center in kiev following the decision by according to place on the arrest the call that good to have 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 russian 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 units in a struggle 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 you did so much i'm going to hold a fair and transparent trial on we understand that the protesters are picketing the detention center that's where i'm standing right now and the court building in. in town here are determined to stay there twenty four hours a day and when there's then but 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. turnout of some other stories making headlines across the globe more than forty people have been arrested and dozens most of them policemen injured after riots flared up in north london protesters attacked officers over the fatal shooting of

a twenty nine year old man last week rioters threw petrol bombs a police and torched buildings and a bus and patrol cars more than three hundred were involved in what began as a march to demand justice for the killing. of. israel's supreme court has started hearing an appeal from the country's former president moshe katsav in march he was sentenced to seven years for raping an employee while he was a cabinet minister in one thousand nine hundred eighty 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 to former president denied any wrongdoing claiming his case 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 all of them just a small part of their proposals or he's laura m. it has been hearing how they want to instill their tough code. so we are here to tell you that base mom. 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 was to be one of the good of evil because at least i was an apology to the muslim of an almost community also looking to believe that was his family together trade according to the shari'ah was all the problems of the shari'a and even police themselves for logic start hopefully one day job or something average bush will have apology look at the security locally i do quite often oconee choudhry and his friends are 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 they're targeting will welcome sharia law but the word on the street about the campaign tells a different story comes around so if you don't like the laws of the place you live find somewhere where you do appreciate the rules this is not indira pakistan this is england we cut our own laws people are rights can you bring your laws in here councillor martin isa agrees saying this could destroy community cohesion we've got squads around the para taking down the posters since i put up because we do not want these posters around i do not represent. and they had no place in the forests citizen equality campaigners say the surest supporters shouldn't be considered a religious movement but a full right political organization with opposed to campaign design. to divide and conquer communities the danger lies in dividing people and dividing communities and

creating mistrust particularly among or from non muslims towards moderate muslims i think this is part of their aim is to create mistrust so they can then trying to moderate muslims and say look everyone hates to we are friend turn to us undeterred by opposition childfree and his group plan what they see is the beginning of an islamic emirate not just in the u.k. but all over europe police have mobilized to take these posters 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 verbal e 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 paris your and it's all t.v. well some story loved it. there is main news wire copy back with

a recap of our top stories in a few moments stay with us. if

blind chance would be soo much brighter if you knew about someone from finest impression and some. news from stunts on t.v. don't come. wealthy british style sites. sometimes. market finance come to. 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 in to cause a report.