the lovely let's begin with the grand imperial. george weston to school until you can the its original version the church and its ability to go clear from the sun the colonel was neutral as a retreat. written as our full scale of work as scenes of violence and destruction the flare beyond london after three days of clashes between rioters and police. wall street hits a new low since the year two thousand the financial crisis has fearful of bester brought on the us stock market and septic shock waves across the board. plus as the eurozone tries to whether its economic storm of poland's shelving of plans to adopt the single currency highlights in european desire to stay our you know crisis.

eleven am here in the russian capital you're watching our buildings on fire windows smashed the shops looted these are the scenes devastating the streets of london after three days of violent riots well police are deploying thousands of extra officers to contain the situation as scenes of lawlessness spread to other cities including birmingham manchester and bristol well the prime minister has cut short his holiday in italy to hold the urgency government meetings artie's laura m. it is keeping a close eye on the situation. me. the streets are full of police and the streets are full of riots says just about a hundred meters behind me a car is on fire the hair is full of crates you might be able to hear the police helicopters circling above me as police try to get control of the situation there are about one hundred fifty people in the street just around the corner we went out

there but we just it was too dangerous to stay and it's not just here in hockney that has been in brixton big parts of chords are on fire and we're hearing the father also spreads writes to me i there are all sorts of people on the street but it is so big perpetrated by ethnic minorities that hosty said i'm just about ready and this is certainly the worst violence that we've seen so far it hasn't been confined to the hours of darkness as i say has been going on for three nights being business take the parts of blogs that have been affected and here's my report from some of. london's burning rioters and police taken to the capital for a third night. yet more areas of london in a spiraling cycle of violence on monday night the violent shoot a few signs of abating in fact it spread further around the city say here in east london and hackney where riots is set fire to cars and tried to break into more

shops meanwhile terrified residents of london could do nothing but no call police streets and treat whole areas as crime scenes with local communities trying to come to terms with the wave of looting engulfing north east and south. in enfield looted shops making off with whatever they could carry in nearby edmonton a man was. found in brixton prices through books at least and in tottenham where it all began the high street is a shell the police the chops and talk the banks. everything that's happening the recession you know there's a lot of anger about that no jobs nothing for the youths to do so yet i block out our first race in america you know and it it it is sad that it's not it's the poor people that's suffering it was sparked by the fatal shooting by police of this man mark duggan tottenham once own says about why and how he was killed but his

shooting with just a spark in an exceptionally dry tinder box and other london boroughs have long been simmering with resentment towards the police towards social injustice and towards unemployment this is a community which is on the precious or had levels of unemployment then our lives and their lives and services youth clubs have been closed there is never any excuse for violence the communities attend the parks the war isn't concerns and community but the thought of doctrine with a star which has a for tottenham has one of the highest unemployment rates in london particularly amongst the young black people are far more likely to be stopped and searched by police and white and together with hackney brixton both of them stay and lewisham which also saw violence has become a victim of what prime minister david cameron is now calling failed

multiculturalism this. powers are some of the best mic groups. quote these ethnic groups. get social you know the purple their. spirits. a bush war on the races or anybody's. got. something should be done and left these gangs of youths tyrant the violence that doesn't seem to be a reason why this looting should stop it's unlikely the perpetrators. job studio two school's out for the summer london residents clear more unrest on the streets in the coming days the losers aren't making a political point and hardly anyone in these communities supports them but many are saying that there actually is a political point that social integration in parts of the country is deplorable social mobility is nil and the relationship with the police is that bad as it's

been for years and with the cuts in government spending looming over the next few years the situation is very unlikely to get any better it's. all a team of our correspondents is currently in london bringing you the most recent updates on the situation on our twitter account you can follow all the latest developments there that's twitter slash r.t.r. a score card and one of the latest harness they reveal of the three hundred thirty four of us have been made so far armored vehicles have been deployed on to the streets of london while looting continues across the city log on to r.t. underscore karma for. now with police stretched beyond the limits looters some as young as fourteen have been clearing the shelves of abandoned shops and andrew gilligan from the british newspaper the sunday telegraph was just one of the many victims of the violence. but i was i was mugged i was pulled off my bike my

bike was stolen by. it's. on the way to the miter about forty five minutes ago and i spent most of the day in stockton which is where it all kicked off being people who had lost their homes as a result of these rights and they are furious with the writers they say that what happened to mark duggan the man who was shot by police is absolutely no excuse at all for what happened to them blame the police for not being quick enough to contain the trouble in tottenham in the first place and quite clearly what's happening in hackney and. croydon and all the other places where this. has broken out tonight has absolutely nothing to do with the police shooting of a man ten miles away and it's not anger too i think it's an issue of criminality and people are taking advantage of what they see is a lawless situation and overstretched police force to do their worst and hope it's a pretty good little is it spreads very quickly this kind of thing we've seen it's

in fact in the social media spreading unrest in the arab world probably for the good but here it's spreading exactly the same way arguably for the. lots of kids on blackberries and instant messaging and twitter and all the rest of it spreading the word about where the next rock is going to be and they might be able to move faster than the police i think perhaps i mean if this carries on like this it is quite worrying to seem to be breaking out in four or five different parts of london all share your opinion all the u.k. riots by participating in our latest poll just log on to our website our team dark card to contribute to today's topic and we're asking you what's the driving force behind you pay right well so far the most popular response is the dismay over the economy almost a quarter of you say it's the builder of multiculturalism and some of you say that criminals hungry for profit and heavy handed policing are the way.

of moving to america now where the stock market started freefall as investors rush out in reaction to the u.s. losing its aaa credit rating and that's despite president obama's speech in which he declared america was still an economic powerhouse but he put ny has more from new york. market reaction to the historic downgrade of america's credit are short in the worst day on wall street since the two thousand and eight financial crisis all three major u.s. stock indexes plummeted between five and seven percent on monday now all of this coming just hours after standard and poor's. downgraded the u.s. credit kicking america out of the triple a club this is already creating a climate of uncertainty or increasing this climate of uncertainty and lack of confidence among investors when they look to the stability of the u.s.

economy the u.s. president barack obama of course try to inject some optimism into the public and into the markets on monday saying that america has been and always will be our aaa economy he says that washington's problem is not a lack of policy or plans but a lot of lack of political will and he says many lawmakers have been insistent on drawing lines in the sand and now it is urgent for all parties to come together to come up with a long term approach on how to reduce the deficit in the u.s. the u.s. debt of fourteen point three trillion dollars and growing and at this point many investors as we saw on monday are selling now and asking questions later clearly the markets have not been reacting favor favorably to the fact that standard and poor's did downgrade america's credit for the first time ever in history. and later we visit one american city that highlights the devastating consequences of an

investor retreat one supposing urban center of the area is now an advantage with more than half of the population running away from the national despair. boy asian markets have been hammered amid fears the u.s. is heading for a recession but the viewer has reacted with optimism saying it's ready to implement a fast track reforms are encouraged investor consumption and withstand the economic struggles artie's korea shooter is bringing us the latest on the financial situation in asia from new delhi. asian markets have been tumbling in reaction to the latest news of the acting p. downgrading of the u.s. economy but actually many politicians and many analysts in india think that this country will only be affected in the short term by what's happening in that they're actually better equipped than many western countries especially your pm countries to handle what's going on in the united states we have india finance minister pranab mukherjee coming out and saying that this is only going to be really

a short term impact analysts are saying that the bric countries will in the long term be last the fact that by what's happening in the united states that actually if investors move if they continue on this risk aversion and move away from u.s. treasury bonds they might actually feel more comfortable investing in these emerging markets like china and india china has taken a much stronger stance on what's going on they told us to change aristotle interchanged a shiny new. if you like it really to move away from laura ling is way out of it. but india on the other hand has had more of an optimistic response to what's going on than china and they're really hoping that in some way they might be able to benefit from all of this. she's a business that is keeping a close watch on the world's markets so let's cross over it's a marina the a russian stocks are responding to that may have very well the arts he

has opened deep in the road but it's the limits of all says well the my six first opened in the fourth but. that's absurd story but we'll have a look at figures for you in our business bulletin a little later in the program all right we'll wait for that report then thanks very much free now. well as the euro zone of members joining forces to save their common economy one e.u. state is happy it isn't bailing out the single currency poland was supposed to join the euro zone and next year but those plans are now on ice with warsaw eager to stay out of the crisis. reports. rioting in greece choke worries from the country's economic crisis were felt across the european union shaking international markets worldwide while parts of europe have been teetering on the edge of economic abyss poland has remained stable in the storm along with this currency. there is

a widespread belief in the country that being outside the euro has helped give poland well out of trouble here. if we were part of the euro zone then we would have been obliged to help out countries like greece and portugal happily help out someone else without solving our own problems it's almost guaranteed the prices would go up but we join the euro zone's which would damage my business recent opinion polls suggest that more than sixty percent of paul's want to keep their own currency a dramatic turnaround from just a few years back a few years ago the euro was seen as a euro club was seen as something very exclusive polls aspired to they wanted their country to join the euro now the name of the year has been sullied by the troubles in greece and italy polls don't want to be dragged into this crisis if the government forced the euro issue try to bring poland into the eurozone. could be political suicide poland has fared much better than many of its partners in the

global crisis several countries like greece ireland and portugal are on the brink of disaster partly due to a boring binge allowed by your membership and associated low interest rates being outside the euro zone members pulled could not join the party but now does not have a hangover poland was meant to have the euro by next year the time when the country's co-hosting the trying to do well european football championship but with the latest developments these plans may be shelved for another four years e.u. rules say poland is obliged to adopt the euro once it leaves the economic will set joining a polish politicians are now. much cooler on the idea with ministers saying the eurozone needs to get its house in order first place very important for us. the need for institutional changes. in the eurozone and in these economic governance a few recent. crisis management changes we see some need for

in the euro zone before. the game has changed in the euro globe everyone wants wanted to join. and no one wants to accept. let's see richard still don't see it was you for the warsaw in poland. let's now have a look at some other top news from around the world the leader of libya's rebel movement has dismissed his executive committee in response to the killing of the opposition and military chief last month members of the national transitional council libya's highest rebel authority support the reshuffle they said the move was in response to the incompetence surrounding the general's protection and subsequent down we made to air strikes continue in tripoli the ongoing civil war in libya started over four months ago with nato forces joining in march.

the hotel maid who accused former i.m.f. chief dominique strauss kahn of sexually assaulting her has filed a civil lawsuit against are not. seeking unspecified damages claims she was left humiliated by the ordeal so scott was detained in new york back in may and was originally placed under house arrest where he has pleaded not guilty to the charges and has since been released on a one million dollars bail. the united nations refugee agency has airlifted humanitarian aid into the war torn capital of somalia for the first time in five years it comes as a country battles with a devastating. damage caused by the worst drought in sixty years or the first of three planned plagues delivered tons of emergency supplies including shelter materials and the shipment was made possible after a local islamist groups who earlier prevented aid deliveries pulled out from mogadishu within twenty nine thousand children under the age of five have died in

the last ninety days in southern somalia over. syria's neighbors are turning up the heat on damascus to end its crackdown on protesters saudi arabia kuwait and bahrain have recalled their basters from the country and turkey's foreign minister is also expected in syria on tuesday with a quote tough message for president assad this comes as government forces are stepping up their assault on opposition strongholds with tanks and artillery fire and more than three hundred people have reportedly been killed in syria over the past week but the bloodiest of the five mark uprising against the regime i saw earlier democratic reforms which he claims that damascus needs more time to implement political analyst patrick case thinks the president is on the verge of stepping down from power. clamping down on freedom of speech and freedom of expression which is the cornerstone of any democracy is not sending out a message to the syrian people that he can be taken seriously or trusted in his

promise is a tool of diplomatic consideration is no largely out of regime they're clinging on suppose but even so in a very tired way there is a sense from assad really be eased by which he started to say this is the end of you know single party rule and he will start to think about elections and the way in which you previously portrayed himself and his party as the only guarantors of syrian stability but there's no talking about major constitutional reforms reserved really there's a real uncertainty about what he's trying to do there very. isolates they don't really know where they go into a kind of stuck between a rock and a hard place they don't know what to do but i sense i get some of this seems very ties that you can almost willing to relinquish power at the moment but i think there's a reluctance to want to relinquish power because i suspect is very worried he will meet the same treatments that smirk is now seeing. of course we've got more news on

syria for you on our website that's our t.v. dot com along with latest updates and videos and blogs and here's a taste of what's on life like our so called hard to fit site carried out an attack against the syrian regime hijacking the country's defense ministry website. and secret tapes of jackie onassis sharing who she felt was behind her husband's assassination have been on the earth and will soon be released to the public. oh american financial struggles have left many wondering how much worse things could get in the future but for us towels already going through economic hardship and new blood could be too much to handle our kids and us to see if your kid had

visited one such city. this is america's ghost town. just twenty five miles from downtown chicago gary indiana the symbol of urban blight by some compared to post evacuation sure know well by others it is a sad thing really is. very depressing. when you see something like this in this kind of condition to just continue to be continue to fall apart this is the city methodist church built in the one nine hundred twenty s. first a place of worship leader a community center it is now at the forefront of gary's decline or used to be a symbol of architectural might and brought the people of gary together is now an enormous space filled with ruins where the only form of life for the pigeons that flying through the walls and the ceilings urban explorers historians and architects are saying that the chances of this place ever being rebuilt are close to zero so

it looks likely that this place as well as many others throughout gary are on their way to completely seizing to exist. founded by u.s. steel corporation in one thousand and six the town of gary once with manufacturing jobs but competition from overseas led to a ninety percent cut in the workforce but one industry urban center came crumbling down once the steel plant. suffered its loss of thirty thousand jobs. that meant that the population. are smaller about revenues for the city would go to and so that accelerated a sort of snowball gary's population has been cut by half as many fled in search of work it is now almost exclusively african-american over eighty four percent up to one third are poor in one of the top ten most dangerous cities in america twenty nine allen has had no work for three years there's really no right job out. so in

the sea here i mean. you know the koreans i was looking forward to but then again. here the downtown area is now no town the main commercial street and urban desert door shut windows locked mom and pop shops and bands of the two growth businesses are strip clubs. truck stop eating places city hall stands right across from a former hotel a haunting sight during gary's peak years places like this would become a temporary home for out of towners visiting this place the hotel is now deteriorating there are no windows left and the police cars outside making sure squatters don't get it there's no other hotel left in this town and there are no investments flowing into this area nowadays instead there is only hopelessness building up to makes me sad that this. was like it's like. well i think it would be best if i relocate you know the way i. read it here.

or the right to believe there is not much to be found elsewhere either while gary is a symbol of collapse industry has been dying all across the us promises of a manufacturing revamp are all the rage places like this or being a racist from a map of america and so secure in our party gary indiana. all now it's time to check on the markets in our business bulletin with marina. hello and welcome to business here are seeing now emerging markets are plunging to their lowest levels and months the talks a combination of the two us credit downgrade and the eurozone debt crisis that's prone to a broad own financial markets russian stock exchanges were among the worst performers on monday were the artist losing and the my success over five percent while that's

not cross live to our two safir earth the headquarters of the r.t.s. stock exchange. to tell us what's happening with the russian markets today. well we've seen the crisis on the world financial markets continue today asian stocks plunging after a disastrous day of trading yesterday in new york and london here in russia we haven't fared much better as we set out to get them i think suffering those losses yesterday close to trading today. negative territory again but we have seen the managed to narrow the losses. currently trading in the black at no point five percent. currently still down about one and a half percent now what we've seen have a particular impact here in russia is this ongoing economic situation in the u.s. in europe has continued to weigh down on oil prices and that's really had an effect on the oil and energy majors here in russia now yesterday we saw traders get

a chance to react to the weekend decision by standard and poor's to downgrade the u.s. a bit deflated president obama actually giving his address yesterday trying to calm the markets he said i would have the same rating agency had given america was still a aaa country well it's worth noting really that it's not just the ratings agencies one of the main three ratings agencies and it's made investment extremely nervous we've heard from traders that a lot of what we're seeing in the markets at the moment is. fence me drive it and it's been a fact that as with thing again today everything is popping driving the markets. playing sarah now let's take a look at those latest figures the arts yes has over brenda and it's now gone into the red so lightly it's gold we're seeing gold and silver and would like to see the russian markets both let's look at the gold the goal with as often as precious metals are doing quite well since investors are looking for safe haven

gold is up almost one percent but silver is down one and a half percent. let's take a look at the european markets if we can see them. we seem to be having some technical difficulties here. let's take a look at asian stocks that have hit a little bit of a comeback after deep losses following a massive sell off on the wall street but they are still in the red among the worst performers are banks and the export bank of china is down over six percent and sony is losing over four percent. so it's a different picture of where the oil prices are down to the lowest level it's a different picture compared suit gold because investors are moving away from

riskier assets and go into safe haven the moose in that oil prices have said more than fifteen percent since the start of all this weight by fears that maybe economic recovery in the u.s. has had a rough patch some of them poor's downgrade all feel as that alone sent prices down by six percent on monday and we'll try to have some difficulties for you next hour but that's it from us for now the headlines are next with.

today violence is once again flared up. these are the images the world has been seeing from the streets of canada. shut up for a shelter all day.