windows looted shops and thousands of cars on fire in a number of cities all sparked from what was initially a peaceful protest over a police shooting in south london bennett is following the story. there's no guarantee things won't flare up again tonight like they have done the last three nights because last night certainly in several areas of london the police simply didn't have any control whatsoever the word to describe it is lawless it was complete mayhem in places like ealing in west london clapham in southwestern croydon in the southeast where it was widespread looting buildings and vehicles being set on fire when i say the police didn't have any control for example in clapham they weren't there for over an hour and the looters and the use had to have the free run of the main department store there for well over an hour and and all the shops and high street were smashed in and around santa really and. now people were just taking what they could mobile phones trainers and things like that and there has been. some real shock five residents in that area who are speaking to

me last night saying how can this happen here that's quite an affluent suburb and they thought they were out of the trouble they're. in thing they'll be affected but it just so nowhere is safe at the moment from this trouble because last night the police and we didn't have much control there has been some criticism of the police last night they had six thousand police officers on the streets tonight they go to that and so the hope is that will get things under control but but already all the police cells are full in london over four hundred fifty arrests have been made and so it's being taken out of london to cells of the free in areas outside of the capital. as i say they're going to bring in more police officers to the. situation under control for more on the possible causes of these riots in london here's my colleague laura emmett who is in east london last night london's burning right is in police takeover the capital for a third night as leaches target yet more areas of london in

a spiraling cycle of violence police sealed off streets and treat whole areas it's crime scenes with local communities trying to to come. comes with the wave of looting and go thing north east and south london in tottenham where it all began the high street is a burned out shell the police the job center all 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 it was sparked by the fatal shooting by police of this man mark duggan tottenham once on says about why and how he was killed but his shooting was just the spark in an exceptionally draw a tinderbox tottenham 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 a fantastic precious farhad levels of unemployment than are losing jobs their lives

and services youth clubs have been closed there is never an excuse for violence in the community as a tinderbox. war is a concerns of community about the death of well the question is are far tottenham has one of the highest unemployment rates in london particularly amongst the young black people a far more likely to be stopped and searched by police than whites and together with hackney brixton walthamstow and lewisham which also still violence has become a victim of what prime minister david cameron is now calling failed multiculturalism this. powers sharman the groups. these groups. get are you sure you know the pope will there. is. no racist. but.

you know something should be done unless these gangs of youths tire of the violence there doesn't seem to be a real reason why this looting. stop it's unlikely the perpetrators have jobs to go to and school's out for the summer london residents fear more on rest on the streets in the coming days delusive on 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 isn't bad as it's being free is with the cuts in government spending looming over the next few years the situation is very unlikely to get any better nor at its height in the east. keep up with. the chaos in the u.k. on our twitter feed or to underscore calm here's the latest tweets from some of our

correspondents working up the scene a sixteen year old detained in glasgow on suspicion of trying to encourage riots via facebook. david by me calls on blackberry to suspend messaging services and attempt. to make a show by going to our twitter feed of r t underscore column and keep in mind on the best videos on our you tube channel. u.k. prime minister david cameron is increasing the number of police on the streets to try and prevent more violence but terror british member of the european parliament

believes london should be recalling troops from afghanistan to deal with what he calls urban terrorism. i think that the point is come where we have to call in the armed forces what we see now is chaos and chaotic criminality across the whole of london what we should do in my view is pull our troops back from these pointless wars in afghanistan in iraq where we should never bring in the first place their only function as far as i can see is to help my tony blair multimillionaire in the us let's get a troops back into this country and actually put them on the streets supporting the police in order to crush this. criminal insurrection because it's nothing but if the map is jobs there if they wanted to do them most jobs now are filled by being seen shops in everywhere you go they're filled by eastern europeans who are highly educated who actually speak the language very getting the jobs on our own people are not getting them very often because they're not interested in education they don't really want to work and it doesn't surprise me now because what we see in

these people on the streets looting is this is this is a kind of now criminal. criminal shopping spree that they're going on because of the lax approach that we've had to actually arresting people and punishing people in the country for years it's been it's it's almost impossible to get arrested for something if you're arrested it's very difficult to actually get convicted and if you're convicted it's almost impossible to get a meaningful sentence these people have nothing but contempt for the law and you can see in their faces not even bothering to cover their faces up they don't think anything is going to happen to them. we want to know what you think about what's happening in the u.k. on our website are two dot com we're asking what's the driving force behind the riots so far the majority think it's. heavy handing policing others blame it on the struggling economy and the failure of multiculturalism in europe while the rest believe it's criminals trying to grab anything they can join the discussion and have your say at r.t. dot com. the u.s.

markets have opened strongly stocks climbed in early trading after seeing the worst drop since the crisis of two thousand and eight the federal reserve meets later to discuss how to pick up the struggling economy after the credit giant standard and poor's downgraded america's rating parties were born i now joins us live from new york with some details the u.s. markets open higher is this the start of a recovery. well let me say i wouldn't go that far by saying this is the start of a recovery but this is a lot better than what we saw play out on monday wall street experienced its worst day on monday since the two thousand and nine enterprises all three major u.s. stock indexes fell between five and seven percent choose to stay morning when these indexes were rising this stops rising slightly as the markets recently opened clearly it's a little teeny bit of a sign of optimism as you mentioned the federal reserve is meeting today and many

trade traders excuse me are speculating that the fed may announce more help for the economy but this does not eliminate or take away the fact that standard and poor's did kick the united states out of that triple a credit club downgraded the u.s. is credit. and this is what caused this is something that caused the stocks around the world to plummet it was like a big rock being dropped into the water and we saw the ripples go. all different directions so there is a little bit of a reason to be optimistic by what is being seen so far and all street tuesday morning when you compare that to monday but if by no means looks like it's absolutely carvery of course some of those ripples were investors rushing to. our investors rather rushing to sell bonds in the next few days following that downgrade where is the u.s. economy headed now what are you hearing. what i'm hearing and what i'm seeing

because i live here in the u.s. is that the economy is not faring well at all there are fourteen million americans at least unemployed according to the department of labor an additional six point six million that want to job but have become so discouraged from looking and not finding one that they've just put their hands up in the air and quit in addition to that wages are very lean right now there's a lot of job insecurity gas prices are going up the confidence is low and part of this debt deal that we saw play out in washington a lot of federal funding for social programs are being cut food stamp programs post offices are closing down a lot of services that that every day people rely on are now being slashed so at this point there is a lot of insecurity a lot of frustration a lot of anger there were billions and billions of dollars put into this economy an

idea put forth by u.s. president barack obama to help restart it reinvigorated and at this point people are holding on to their money they don't know what will happen next that there's a hesitation on spending money and as you know this is a consumer driven economy here in the united states it's so all of this is systemic it's it's connected and there's a lot of uncertainty insecurity and i could tell you first ration anger is increased. among every day folks that are do we their jobs paying their taxes and seeing that there's no such security and they don't know what will happen tomorrow so who knows what will happen next but by no means do the majority of people in the united states think that the economy is faring well for them right rena port maya live from new york thanks for that. well european sailors are struggling as the years central banks warns the region's financial system is in the worst state since

the second world war that's despite the banks starting to buy government bonds from spain and italy to prop up their struggling economies however in the past hour most of the european markets have been moving back into positive territory and the eurozone is planning to boost the powers of its fund to keep contact him from spreading to me. for more we can now talk to a group stop core and director of germany's institute for macro economic and economic research thanks for joining us we've seen investors basically panic in the past few days frantically looking for a safer bet for their money what does this mean for the eurozone overall. well it is certainly a very heavy burden for the years you know and we are afraid that we might. get into recession but that's what we see today is the first signs of a return of confidence and that's very important so if we succeed in stabilizing

markets during the next days. we can be hopeful that the european economy will just for. there in the summer and into an economic upswing do you often. how do you view the plan of the european central bank buying government wrong spanish and italian government bonds is that going to work. yes i think it's going to work it's shows already signs of working and i think it was a very helpful measure in restoring of confidence because what we have seen before the weekend was that confidence was very very low due to the downgrading of the u.s. economy due to the bad outlook on the business cycle and so it was necessary that. said ok we want to restore confidence in order to achieve that we will buy some boards of of italian of the italian and spanish economy i do think the eurozone will be able to avoid bailing out another member. well we're not bailing out

members we just giving them money can restore the economy and find a track back to competitiveness. being charged interest rates on that so presently all the countries we get money out of the euro years are found make some profit out of it because they get the interest revenue from that and i think things are starting to. come to me isn't a good track and the spanish economy waltzes soon joined that certainly greece is still a lot of difficulties but in the longer ron i am quite optimistic that the euro zone will have better institutions and previously that we will have a more stable development and during the past year but they c.b.s. had as indicated the government and not the central bank should be tackling that that crisis is this just pushing responsibility back and forth. you know the e.c.b. is right in the first line of defense a true fiscal policy in other words it should be the years of and the european

financial stability mechanism. he's in charge of fighting it but at the present time years and simply not enough money to stabilize for example the italian bonds so we have to buy some time and during that period the e.c.b. will do you will also buy some some of these public bonds from italy but after that certainly the responsibility returns to the years of them as soon as the money is there. all right this stuff pouring live with us on the line from disorder thank you very much for your and now thank you. well our business is on top of the global markets let's check in with dimitri who is standing by and will bring us some details on our the mood of the russian markets now the u.s. markets have opened how is that affecting the russian markets or that has actually changed the mood a nice not only on the russian markets but also in europe because the u.s. kicked off very positively it's now just below eleven thousand. that's up almost

two percent this is of course logical. drop which was the worst since two thousand and eight. point three percent right balbi altie is down around three percent but that's logical because the ruble is the most value more on that in around five minutes. so world news in brief for you this hour at the head of libya's rebel movement has sacked the entire executive committee which functions as a cabinet it follows the assassination of the commander of opposition forces last month members of the national transitional council libya's highest rebel already support the reshuffle saying they hope it will stem any crisis in the ranks. of. the hotel maid who accused demjanjuk's trial of sexually assaulting her has filed a civil suit against him and if you stop to use is the former i.m.f.

chief of launching a violent and this attack against her when she arrived to clean his men in hotel suite in may has pleaded not guilty to the charges and has been released on bail outs over the maid's credibility. and former soldiers have turned themselves into face charges they killed six jasmine priest and two other people during el salvador's civil war former defense and vice defense ministers are among the defendants they were indicted in spain under its international jurisdictional law to prosecute the killings of the priest most of whom were spaniards el salvador will now have to decide whether to extradite them. japan is canceling evacuation orders for some around areas i should say around the crippled fukushima nuclear plant officials believe the risk of exposure to radiation has fallen in that zone beyond a twenty kilometer radius about twenty five thousand people were told to leave

their homes in case conditions at the plant worsened after the double tsunami and earthquake in march. syria's neighbors are increasing pressure on the government to end the ongoing crackdown on protesters several arab nations have recalled their ambassadors from the country turkey has also joined the growing chorus against president demanding an end to the violence it comes as government forces intensify the default on opposition strongholds with tank and artillery fire more than three hundred people have reportedly been killed in syria over the past week the bloodiest in the five one uprising against the regime earlier pledged democratic and political reforms which he says will take time to implement political analyst patrick cave believes the president is on the verge of stepping down from power. plumping 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 absent. they're clinging on. but even so in a very tired way there is a sense from assad really that the ease by which he started to say this is the end of single party rule and he will start to think about elections and the way in which he previously portrayed himself and his policy as the only guarantor was of syrian stability but is now talking about major constitutional reforms i mean really there's a real uncertainty about what he's trying to do they're very isolated they don't agree. we know where they go into a kind of start between a rock and a hard place they don't know what to do but the sense i get from assad is a he seems very tired that she almost willing to relinquish power at the moment but i think that there's a reluctance to want to relinquish power because i suspect he is very worried he'll

meet the same treatments that some of barack is now seeing. you can get the latest updates videos and blogs on our website are two dot com here's a small taste of what's lined up for you today from fellow russian activist forcing a revolution social networks find out what's behind the high end of silent march is aimed at fighting fear and when you change. them they believe they could fly thousands log on from the banks of the moscow river as a colorful ray of pomade flying machine take briefly to the skies and with more success than others all that and more at r.t. dot com. business is next with dmitri stay with us. thanks and also the markets are slightly recovering this. cocktail of a u.s. credit downgrade and the eurozone debt crisis prompted a broad selloff in

a russian scenes they were no exception they've been among the worst performers for the past week joining me now is the next on the copy for senior portfolio manager at asset management i want to thank you so much for being with us so we are seeing the gaining just all point two percent this is still down three percent the us are looking positive is this a turnaround. actually if that's the question i would like to know the answer yes there are a lot of people think in the same. margin calls and that's why you for us provide us with the negative surprises we can be hired to morrow but what will be in there it's a good question i guess that we're going to see the same levels of volatility in the upcoming couple of days what do you think. it seems to me that so the answer is yes girls from the beginning of the year market. we've got only

the last week the moves of free flow. and i'm pretty sure that the situation will continue for at least one more week and i alexander tonight's we're going to have a crucial fed meeting what do you expect to come out of it. not only me but a lot of people are expecting that mr bernanke you will find for the possible one party feeling. free but the most probable scenario that they will announce the program of. u.s. treasuries buyback are on the lam longer end of the curve this is the basics of their market is expected by the if they will provide some more markets will be more happy well it seems before these fed meetings the traders did not pay so much attention as they do now is that true. to walk to gold and then to to the fed meetings to bank statements. well actually it seems to me that especially

today these attention is really high and actually better than kids didn't supposed to tell anything from these meeting. or here right now have to write all joining the way we have seen precious metals which shading mixed gold was up silver was down why is that. i think that the gold is just sort of on all time cries. before these meeting people or want to have some profits because if there will be some positive comments from bernanke and the market will reverse the positive side maybe gold will be sold off a bit just for a b. basically do you think there are any other safe assets available except for gold and cash. it's really difficult to find right now there should be chaos sub or if you were on dollar look in a really we can now and there we call fundamental reasons that's why people are

choosing gold and sweets for. maybe japanese yen and singapore dollar but you know that a person killed his car with this is not enough to make everybody's happy ok and finally what's your outlook for energy energy prices. of this situation is not that simple here because saw on the oil market especially on the market there are a lot of speculative positions which would be able dior in the libyan crisis the global growth so-called noncommercial players steal their all time high and then one moment of time the opposition so will be on the on the. ok alexander company because thank you so much that was a scene for a new manager in a sense asset management on the company's good talking to business thank you very much. look at the figures that we've got at the moment on the russian markets and i mention the my sex is recovering slightly the south pole just

a notch point two percent the south over the fifteen hundred points threshold still down almost free percent but that's quite a logical case because the ruble as most so much value versus the dollar and the euro and the r.t.s. is traded in dollars. so they can look at what's happening and terms of shares gas from still losing almost two percent of this our role sniff test come back as oil prices are recovering slightly it's up half a percent polymaths and still up three percent because gold is a good choice for traders at a time of great volatility and it's been going up. saying look at the opening figures for the dow jones and the nasdaq down jones finally over eleven thousand points it's up almost two percent that's also a quite common situation after a massive drop that happened on monday when the dow jones fell five and a half

a cent nasdaq six point six percent. european markets of also slightly recovered we did see massive losses before during the day of footsie is now up half a percent the dax however is still down eight percent and gold has come down slightly from record highs it's at seven hundred forty dollars silver is also coming down it's actually three percent lower the sell. boil is still looking mixed light sweet down thirty cents brant up eleven cents on uncertainty of course as to what will happen to the largest economy in the world largest consumer of crude oil and what will be happening to demand for crude oil therefore we have seen world come down fifteen percent since the beginning of august. russian ruble is reflecting what's happening in the oil market as fall into a seven month low versus the dollar and is going around thirty roubles to

a dollar just below that analysts are suggesting the russian government now needs a managed evaluation if we see is a. decrease is a price of four and that is not. even by the price of one of those. so the government should find out some ways to finance is that is that and do you believe the cell. phone the social obligation so if you can do a little maybe you thirty thirty one. gives a budget maybe ten fifteen percent of additional. income. from this edition of business out you will be back in fifteen minutes the headlines are next with a nice. we've

got. the biggest issues get the human voice face to face with the news makers.

at six thirty pm moscow time these are the top stories from archie outnumbered and beleaguered police struggle to restore order in major british cities locked in a spiral of violence and looting over five hundred people have been arrested after riots the british prime minister called pure criminality. banker says that consummate is going through the worst financial crisis since world war two european markets remain uncertain despite the central bank's move to buy bonds from the region's crippled economies. u.s. stocks are rising following their biggest slump in years the plunge was caused by fears the downgrade of america's credit rating could worsen the slowdown of the world's biggest economy. and with the current financial turmoil in the u.s. and europe talking about a new global reserve currency is mounting she spoke to nobel prize winning.