move the joint be there to raise some of the that's the way to the ground in theory truly the socialist. you can a socialist which is its ability to go and. run this in the community was such a retreat. the week's top stories on our t.v. us stripped of its prize aaa credit rating for the first time triggering fears of another global financial crisis as investors ready for a black monday asian markets have opened and gone into negative territory. in the eurozone debt will provoke a turbulent week with european central bankers now agreeing to buy italian and spanish bonds to help stem the rot. israelis take to the streets as a quarter of a million protesters demanding government drive down the cost of living or hit the bricks. and our t.v.'s as the republic of south has said he had to mark three years

since the conflict with georgia devastated the region but finally brought recognition. seven am in moscow britney today's top stories and a look back at the week's news here on r t well as we've been reporting asian markets have opened in negative toward tech territory falling by around two percent this follows last thursday's losses the biggest since two thousand and eight stock market collapse meanwhile japan's foreign minister has announced his country will be holding on to its u.s. bonds for now michael ware on chairman of the credit rating aid rating agency city risks says it won't take long though before japanese investors may be forced to reconsider that stance. i think that this moment you can of course will make such a lot of fun but the biggest keep on keep the sheeting and the economic situation in the us we would means the people you want or want to believe the future is

probably the. country in a shoe will try to raise families that say they're going to buy. the country not simply us right now given the current situation you would expect the u.s. dollar which is one p.p. shaking economy so you can treat the serving us dollar a definitely it will. be so if at this moment there's no other choice of enemies of course the china government would try to get we saw in the coming years but the couple is from ethiopia where we liquid assets in a market and also. come on in the search for the government so it's. kind of you know both forward. for country to hold to be sort of. on friday the financial world was shaken by after the u.s. was stripped of its perfect aaa credit rating by standard and poor it's the first time since one hundred seventeen the rating was downgraded one notch to double a

plus with a negative outlook u.s. treasury department department went on the defensive saying there's a two trillion dollar mistake in our calculations s. and p. admitted is such but says they're sticking with its decision saying the huge budget deficit is a major cause of concern the drawn out negotiations for a debt ceiling deal that rescued the country from a potential default also shook investor confidence dr rodriguez tremblay from the university of montreal says the u.s. government's hands may be tied over economy it shows a lack of confidence in the u.s. government where we are in the in an economy stormy you know way and it seems to be as it is and b. and i do economists are saying the u.s. government is it's a bit like a ship without a captain in a storm there's no. very nice and 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 then i think the u.s. government is deadlock and cannot do any very serious their policy decisions

to counteract the economy don't turn and the danger is that the u.s. economy can turn into a good economy good question and that's what politicians american politicians should be trying to avoid are trying to work an economy depression where china is a bit of a prisoner of the united states you know the main creditor of the united states with more than a trillion and a half. dollars the u.s. dollar is that they hold. hold in their reserves i was here the fear what china fears that the fed the american central bank loan money treasury bonds and that. the u.s. dollar that will depreciate 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 do we draw from investing in the u.s. and buy gold for example the reason why well it is going up so fast because countries like china and india buying gold instead of buying u.s. dollars. long lasting political bickering over the u.s. debt ceiling followed by a last minute deal is widely seen as another factor undermining trust and u.s. economy artie's marina point i explained. well help us avoid before that single nation default and this crisis time's running out the entire world is watching it's been a public spectacle filled with figuring grandstanding and lack of compromise i devise of 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 no matter what happens 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 won't blow up again since the underlying causes economic problems are getting worse in this country four 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 their partnership with america it's like being married to someone. your they weren't sure you want to know what or why do i almost. put up with this relationship the u.s. will be. the only game in the. making noises chinese making noises would you know we're alone now in our ability to be a repository of refining in the world the result could start a replay of the two thousand and eight up anomic 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 and so what we're trying

to do is say we've got a little bit of money in the bank let's say 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. when to borrow and spend more make a phone call send an 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 a growing realisation that elected officials may never be capable of agreeing on how to solve it very important r.t. new york. european markets also brace for a monday morning after they took a hammering last week meanwhile e.u.

central bank officials have agreed to buy italian and spanish government bonds to calm the markets this after the german government reportedly admitted that he knew rescue fund it won't be able to save italy and euro zone's third largest economy if it needs help economic analysts patrick young says the unions to change its approach to the crisis. let's try and understand the size of the numbers here the italian government one point eight trillion euros now that means nothing to anybody but that is bigger than the total government gets arland for two golds and greece put together before the end of this year it really needs to sell bourne's debts 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 soon far being bailed out by the e.u. what the euro zone needs to do is completely rethink the approach that they currently have which i'd 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 stay with us here on art. he's still ahead new political out he will grips ukraine as police around the tent city set up by supporters of detained former prime minister yulia timoshenko the threat of security forces lurks in the background also. in a landmark trial former egyptian president hosni mubarak faces charges of conspiracy to murder and corruption but many feel little has changed in the country since the revolution. but before we get to that at least forty two people have been killed in syria's eastern city of day arose or 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 nation's president bashar al assad declared syria's heading toward reform activists say more than sixteen hundred people have been killed in clashes with the pro-government forces since the uprising started in march professor mark into a modern history lecture at oxford says there's a lot going on behind the scenes in syria. who tend to see it as peaceful demonstrations against the patient there is a censorship but in practice the weapons have. some very raw. years. because it's a crime drama and we have also the writers of over. who represents. the real danger he's. very you know some who are insecure.

the revolution may be over but few in egypt say their lives are getting easier even considering that the former president is finally on trial and charged with murder and corruption hosni mubarak denied the charges against him at the opening of his hearing into a accusations that he ordered the killings of protesters if convicted mubarak could face the death penalty and eighty three year old was in the. 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 from power post-revolutionary chaos many objections yearn for the days as artillery of an osha reports 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 read the people of egypt. this man has been

running his own business for thirty five years it used to bring him enough money to send his son to study to canada and take his large family abroad in one scene. between the economic devastation caused by and rastan the political uncertainty. the price has been badly in fact it now he can barely of food to feed his children he says the wind of change may have brought freedoms in egypt but it's grant a survival stone in its wake. but you know i love the revolution when it happened i welcomed it but look at the time we call life at the end of the tunnel we 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 your 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 and five months on there is a legal citizen action and dictator free egypt is far from the best place to live. and. but people now are reporting about as much of them that there. would be about this and they're very sad that it is our people are indeed tired even those who backed the changes this young man is from the revolution youth caliche and he tries to remain optimistic but all he says sounds a lot like south conviction that he'd say we've been living under mubarak for many many years too many i'd see 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. recent three new demonstrations in the square show that there's choices and it's been pushed to the limit and it's true tests versus patience and the battle to save egypt's from crowning further grief and optional r t cairo. with a female ego worse for dejection people as they fall prey to a political game according to william engel who has written extensively on the egyptian uprising. there has been no revolution in egypt i said so. in our t.v. interview in late january and i believe that 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 back anytime

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 on to 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 you just so i don't think young people have more democracy i think perhaps 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 and on affordable housing prices prime minister benjamin netanyahu has responded by appointing a new financial team responsible for examining the reduction of taxes and improving access to social services but as artie's policy reports protesters say they are still not getting their voices heard. tens of thousands on the streets of the

angry and protesting for change that is the one listening when it comes to. the foreign media want to see more of an action movie and this hasn't been a very violent it's been very it hasn't been violent at all it's been very positive . twenty two week three the largest demonstration in israel in over a decade and how did a.b.c. c.b.s. and n.b.c. cut the rest. they didn't a younger woman set up a tent like the editors of france twenty four b.b.c. and sky cop stuff just a few meager seconds perhaps not even that interesting to. look back in the studio's ok there's a protest well what exactly is the protest a social protest for the revolution it's not the same kind of story that they're used to it's not as big and dramatic as some of the bigger revolutions happening around the middle east and isn't surprised by the worldwide lack of media interest

he's worked in israeli police for decades reporting for media post 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 kind of foot into the. media 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 feel sad that when egypt decided to stand up and say we've had enough and in lebanon they decided to stay 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 dubbed tufnel corner by some of

the people here an optimism perhaps that they can bring down the government in the way the neighbors in toughest square. but it was the plan was they were willing nonstop here they pretty absence of course the hot seat that they have. keeping a close eye on developments in israel that are carbon if you follow our twitter feed you can hear it straight from our worldwide correspondents with the latest news and updates to be found at underscore card also on facebook you can check out . search for our team news and there you can find our top videos stories ready and waiting you can also join the discussion we always like to hear your comments so be sure to leave them there plus there's a rapidly expanding and extensive library on you tube along with our reports and programs available click away twenty four seven describe to us to explore news from russia and around the world. three. three. three. three.

videos for your media. free media. events of early august three years ago change the map of the caucasus forever the five day war unleashed by georgia against its former republic of south a site he left the region devastated blocking any chance for reconciliation in the forseeable future or he's medina cochon over of course from the memorial ceremony for the victims of the conflict in the south especially in capital symbol. the fear in the central square of the capital city to involve the morrill services are under way the ceremony started as a loving through. exactly the time when george opened fire over the sochi throwing people out of their bags hundreds have come here to light candles and pray for those who died han three years ago in a brief conflict and many are listening to the read here now the woman said and

said there are looking at pictures there would take you if you ring the cars flipped and are being shown on why screens that are placed across the central square of the atmosphere here is of course the very size of male wearing black and some women even have a picture of their dad or relatives on their chests the locals we talked to say that we never expected such a sudden attack with them because i know it's very difficult to answer this question because in any case who are always present poses their suffering and pain to all the bereaved families who can justify any words the 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 can afford being responsible when it comes so that we 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

sex really evoke my deepest resentment i think we should all live in peace and try to find ways of communicating other than war. memorial services will continue in different parts of the searches on monday the war lasted for five days but hundreds were killed and many injuries and so the face of the city has changed with the first three years with a new residential areas a new roads and harvests being opened 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 there south of safety and capital were among the first to experience the georgian president dmitry medvedev recalls the tragic events of that night. there was let me remind you what was going on where on the night between august seventh and all gets the eighth i received a phone call from the defense minister 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 that i told the minister that we should check this is really completely out of his mind maybe it's just a provocative act maybe he stress testing your settings and trying to send us some kind of message and i will later the minister reported to me 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. i mean three medvedev gave that interview to r t as well as at home last new radio in georgian t.v.

channel peak extended versions available online at our website r.t. dot com. riot police have surrounded tent camps set up set up in ukraine's capital by supporters of former prime minister yulia timoshenko who was arrested friday the protesters fear officers may storm the camps after the court where her trials happening band gatherings outside or he's like he has more from here. ukraine's former prime minister yulia timoshenko still remains in detention center in kenya following the decision by according to you have to place and arrest for that i don't forbid him 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 you to go with many organizations in europe with the. 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 we understand that 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 their stand that they are trying to garner more people are asking people from all over the country to come to kiev and voice their protest against the decision to place ground arrest. finally in this news block authorities have

launched a major inquiry after riots flared in north london more than forty people arrested dozens most of them policemen injured during the unrest protesters attacked officers over the fatal shooting of a twenty nine year old man last week rioters threw petrol bombs at police and torch buildings a bus and patrol cars more than three hundred were involved in what began as a march to demand justice for the killing of laura m. it is at the scene of the rioting in the british capital with more. these are the scenes in enfield town center tonight with bryant says essentially taking a view the town i'm standing here in enfield retail park behind me you can see legions of police inside the ok around washing up what we're saying is between one hundred and two hundred rioters essentially people who are meeting the shop so you can see around me behind me isn't a choice of just that it's very easy to see you are young men may need but some women as well looking out at the shops with literally anything they can carry in their hands from televisions to vacuum cleaners and there's also bike shop parents

some of them are ridden off on the bike so talk police obviously are coming in to quell these these disturbances that are breaking out but this has been going on since saturday evening here in north london i still say didn't talk to them which is not very far from here where there was a sight of a big show to protest the shooting by police so someone for mom started three hundred people turned out at the police station to ask questions about how that she sings fatal she said taking place i was infused with very much the scene that you see had tonight lou two young people some people reportedly as young as seven year old children being arrested for leasing these shops that isn't an easy relationship kid and if these kids have no funding between the people and the police and this these people say a manifestation of that is. the darker the rate of our top stories in

a few moments stay with us here arching.

the in the live to. the back. to. the bus up the above. the history of this place runs through the centuries. a paradise for archeologists zoo ologists and ecological tourists. almost one fateful night shots to sleep the life the back.

how this republic got its life much more hoping dreaming and recrimination. if. it's going to be.