the old waverly hotel for example certain the millstone hutto some of the old country house holiday inn the full government tells the regrets the creamy the choose to feel the most acute in the world will the ruben's original. this is r t the headline is chaos reigns thousands of police move on to the streets of london to prevent new violence the looting of the three days of disorder. shop some business is closes fears rise of another nights of violence while all the latest from london in just a few moments. also u.s. stocks claw back losses following the biggest slump in years after america's credit rating downgrade. europe's top bankers says the continent is going through the worst financial crisis since world war two as the central bank by its bonds from the region's crippled economy.

welcome this is r t it's not just after nine pm choose the new year in moscow my name is kevin irwin and first some sixteen thousand police officers will patrol the streets of london choose day night in a bid to prevent more clashes the random violence has gripped london for three days now it's left a trail of smashed windows looted shops and burnt out cars in a number of cities across the parties are bennett's following the latest for us. shops and businesses are not just here in clapham and southwest london but all over the city had been closing early as fears rise of another night of looting and violence and we've seen people here walking home early from work carrying their computers with them fearing that there could be break ins to the shops and businesses here on the high street and the police also fearing another night of

violence they say they'll be upping their offices in the street from six thousand last night to sixteen thousand tonight and they'll be prepared to use plastic bullets if they have to and so the city is prepared for another night of violence and now haven't seen any of that here in clapham in the southwest of london where the tensions here have been definitely high people are just angry here. not more was done by the police they say the rioters were given two hours to take what they could and cause much damage they could before any police turned up and they're angry that police chose to target other more and more wealthy areas first to save them before turning out here politicians and the police are putting the putting last night's riots and violence down to copycat violence and opportunist. criminality and this thing is sheer criminality rather than anything else they're distancing it from any dissatisfaction among london's new however the people we've

spoken to here on the streets they think otherwise lost their oversleep very angry this writing has happened on their doorstep and they and they don't condone so at the same time that these sympathize they feel it's all part of the same thing was that my no no not the person who shot in tottenham last week that sparked all of this they feel it's all tied in and they think the youth here very disillusioned with society they feel like they have left anything by the coalition government and they're thinking they have anything to hope for a lot of the austerity cuts of men that you centers of clothes and that's what people are angry about the anger there's a high unemployment rates and. i feel like they have nothing to hope for nor all mine is my colleague nor any london's burning writers and police take over the capitol for a third night as leaders target yet more areas of london in a spiraling cycle of violence police sealed off streets and treat whole areas as crime scenes with local communities trying to come to terms with the wave of

looting and golfing north east and south london in tottenham where it all began the high street is a burnt out shell the police the chops and char everything that's happening the recession you know there's a lost anger about that no jobs nothing for the youths to do it was sparked by the fatal shooting by police of bass man mark duggan tottenham once on says about why and how he was killed but his shooting was just the spark in an exceptionally dry tinder box 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 fantastic precious or how levels of unemployment then are losing jobs their lives and services youth clubs been closed those never an excuse for violence but when she was attending parks the war isn't concerns in trying to

cut the top of part of the spark 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 whites and together with hackney brixton walthamstow and lewisham which also saw violence it's become a victim of what prime minister david cameron is now calling failed multiculturalism this powers some of the best groups. these ethnic groups interest. gets are. you know that took me all the great to know straight. on neurosis for the breeze. but. when 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 should stop it's unlikely the perpetrators have jobs

to go to and school's out for the summer london residents fear more undressed on the streets in the coming days they lose it on making a political point and hardly anyone in these communities supports them but many are saying that there actually is a political point but social integration in parts of the country is deplorable social mobility is nil and the relationship with the police it is bad is it being thing is and with cuts in government spending looming over the next few years the situation is very unlikely to get any better nor at its r.t.e. hackney. the live updates from the castle u.k. and our twitter feed r t underscore calmly refusing to come in for now a new one this had no evidence that mark duggan opened fire at police officers before he was shot dead ballistic test results have revealed that's the latest tweet through also scotland yard appealing to any london police volunteers all the part officers for health insurance to the program to work for defeated r t

underscore combing the first video as one of the you tube channel to. the. police. officers in london to give permission to use plastic bullets to disperse crowds a top most important police official said they're not afraid to use any tactic necessary but investigative journalist tony goldwyn believes the forces in big trouble. it's about a crisis of leadership in this country we've got a prime minister that doesn't really connect with the people

a lot of the policies include entering are actually dictated to him by the banks and he's lost touch with ordinary people there's also a crisis of metropolitan police that supports the even seen as a very well respected leader the metropolitan police had to resign recently and there seems to be a like a rudderless ship the police around so we're also confronted with this whole generation of young people and they've all been betrayed they all feel angry so there's a simmering anger under the surface but this killing of mark duggan last week clearly was the spark so this seems to me is a message that this particular killing lost last thursday is not going to go unanswered and it was also absolutely disgusting the police metropolitan police which is what i'm talking about the crisis of leadership their response to that killing because basically just ignoring the families police to have some explanation we've also heard now that there was lies told on the day to the press about who had fired the first shot so this is a very irresponsible behavior by the police and i think we need to see

a wholesale reexamination of the way that we investigate these various kinds of death either in custody or as people are being arrested because it starts to look like there's some kind of shoot to kill policy out there. no website are to the old college and asking all afternoon what do you think the driving forces behind these riots is always good to hear your views this is what you've been telling is still the majority of you thinking it's the result of heavy handed policing by far the majority of you others if you blame it on the struggling economy and the failure of multiculturalism in europe and the rest of you there as you can see on the graph believe it's criminals trying to grab anything they can join the discussion knows of you'll say i'll take dog. butter attention to the markets no show me the us ones in positive territory stocks climbed 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 giants standard and poor's downgraded america's rating of his report miles across the latest in new

york. 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 well street experienced its worst day on monday since the two thousand eight hundred and three crisis all three major u.s. stock indices fell between five and seven percent so choose to use the morning when these indexes were rising the stock's rising slightly as the markets recently opens clearly it's a little teeny bit of a sign of optimism as you mention the federal reserve is meeting today and then many traders 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 their importers did kick the united states out of that aaa credit club 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 going on all different

directions 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 out at least unemployed according to the department of labor an additional six point six million that want to job but have become so just courage from looking and not finding one that they 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 stamp programs post offices are closing down a lot of services that that every day people rely on are now being slashed 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 connect. it and there's a lot of uncertainty in security and i can tell you for a street in anger is increasing among everyday folks that are doing their jobs paying their taxes and seeing that there's no security and they don't know what will happen tomorrow so who knows what will happen next but by no means do they literally of people in the united states think that the economy is faring well for them now it is reported in new york not business because of course keeping an eye on all the latest developments on the world markets focusing as well overly on what's happening in russia is of course to dimitry either so the u.s. markets seem to be recovering as we've been reporting is that continuing tonight well it is right now for the moment dow jones is up one point six percent two point three the up more than three percent but it may be a bit fragile because we're waiting for ben bernanke speech results to come out and about an hour of the meeting is taking place right now so if we don't hear any

promise of action from the united states or from the fair's starts with quantitative easing three then the markets my plan are just again ok jim of. minutes looking forward to that but meantime european shares regained some ground after their own heavy losses put the e.u. central bank chief warns the region's financial system is known the worst state since world war two but still spike the banks started to buy government bonds from spain and italy to prop up the struggling economies traditionally volatile with fears euro's around us that could slow growth already struggling economies the eurozone is planning to boost the powers of its bailout fund to keep could take you from spreading to major economies as both a daughter christian right he's from the frankfurt technical university it's only the european central bank who is actually doing more harm than good. if you look at the mere size of a country like italy i am convinced that it is not possible to do just let's say

a straightforward as a matter of fact what the e.c.b. is doing here i think is well perhaps to do it quite strictly is a breach of trust they encourage behavior so that some countries can free ride on the expense of others and this is something which in the long run rather threatens the euro area than strengthen it. we should be aware if you look at it yeah it spreads and government bonds. are now almost back. to the pretty euro levels and i would say this is something which shouldn't amaze us to watch and it shows that in the whole mean time that is in the time from the success of the euro and nothing very much has changed if we enter a direction at least encouraging more and more selfish behavior by individual countries i would say this is a real threat for the whole euro area. has joined forces to save their common

economy one e.u. state is happy it isn't bailing out a single currency poland was supposed to adopt the euro next year but those plans are now on ice with was already going to stay out of the crisis. jessica reports. while parts of europe have been teetering on the edge of economic abyss 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 keep poland out of trouble here. if we were part of the eurozone then we would have been obliged to help countries like greece and portugal. someone else without solving our own problems it's almost guaranteed that prices would go up that we join the euro zone which would damage my business recent opinion polls suggest more than sixty percent of polls want to keep their own currency. a dramatic turnaround from just a few years back a few years ago the euro was seen as the euro club was seen as something very

exclusive polls aspired to that they wanted the country to join the euro now the name of the euro 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 euro zone. it could be political suicide poland has fared much better than many of its e.u. partners in the global crisis several countries like greece ireland and portugal are on the brink of disaster partly due to a boring binge your membership and associated low interest rates being outside the eurozone members pulled could not join the party but now it does not have a hangover poland was meant to have the euro by next year the time when the country is co-hosting the twenty two 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 drop the euro once it meets the economic rules for joining but both are now much cooler on the idea with minister saying the eurozone needs to get its house in order first place very important for us. they need for institutional changes. in eurozone i mean these economic governance a few of those around and also some crisis management changes we see some need for a change in the eurozone before. target date will gain you know. the game has changed and the usual club everyone wants wanted to join may now be the invitation no one wants to accept let's see russia of state altie because you from warsaw in poland. emergency services are searching for an a m twelve cargo plane the disappeared last night in russia's far east with eleven people on board the plane that is missing is the oldest aircraft in russian civil

fleet it was heading for a town in the chicago region when the crew told the traffic controllers that one of the engines was on fire they are still make an emergency landing shortly after that the plane disappeared from radar authorities say fog and heavy rain handprint the search effort. libya's government is accused of killing dozens of civilians in the west of the country tripoli claims at least eighty five people died during recent strikes the official say nato bombed south of the city of the rebels to enter the alliance says the target so military the head of libya's rebel movement to sack the entire executive committee which functions as a cabinet it follows the assassination of the commander of opposition forces last month stephen leatherman the author of blogger he says it's obvious there's no dream and in the rebel government right now and that nato is losing the war in the country. the rebel camp is and this is a really easy to give committee was this they were unconfirmed reports it

would sit in such is their worry that they will literally contesting among each other some people call this the only others need always last is the last all we need is going to win this one new terror but we certainly can with by imposing its three hardships and will be in people legal claims we're right i've used the billions we know killing civilians in iraq one quarter call. neagle is really really it's there is part of a strategy won me us but also wrong school was only university if they're slowly killing civilians under the word yes. blogger and activist stephen leatherman listening to us now you also get all the latest updates videos and blogs of course on our website r t v dot com is just a small taste of what we've got lined up for the neither the belushi activists forcing a revolution through social networks find out what's behind the quiet of silent

marches aimed at fighting fear in bringing change you got the story online tonight plus he finds a bit of color a bit of fun why not but they believe they could fly there they go thousands took off from the banks of the moscow river not to us and says we have tons of the colorful the brave homemade flying machines briefly to the stars some with more to say success and i was very nice to our team though come to the place from all those pictures. also the headlines tonight at least five people have been killed eighteen injured in a clash over on more fully seized government land in the afghan capital kabul around two hundred people took part in the gun fight between local residents and guards the armed conflict left several houses destroyed in key roads blocked security forces resorted to using water cannons trying to spurstow prout. at least fifty people including children have died after a passenger boat sank in the indian ocean archipelago of commodities the vessel was

ferrying over one hundred people when both its engines fail that caused the boat to capsize those with serious injuries and rushed to the main hospital of account the others were treated in local health centers accidents like this are relatively common in commerce as boats are often overcrowded. syria's neighbors are increasing the pressure on the government to end the ongoing crackdown on protesters several arab nations are recalled around pasties now from the country and turkey is also joining the growing chorus against president. in terms of government forces intensify the assault on opposition strongholds and tank and artillery fire over three hundred people killed in syria over the past week it's the bloodiest in a five month uprising. in all views the hotel maid who accused only stars can of sexually. so thing is far the civil lawsuit against did nothing to diallo accuses the former i.m.f. chief of launching a violent and sadistic attack against there when she arrived to clean his hotel suite in may so i was transported not guilty to those charges and has been released

on bail amid doubts over the mates credibility rules and looking ahead to our programs coming every shortly tonight in a few minutes we take you to the small caucuses kocsis republic of south of here which is a gradually recovering from the devastating attack by georgian troops three years ago it's really interesting program if you're not caught up when you have so i assume tonight after we've got the latest business from dmitri. thanks very much kev and watching markets have plunged to the lowest levels in lots of u.s. credit downgrade and the eurozone debt crisis prompted a broad sell off on financial markets over the past couple sessions russian equities are no exception however they managed to claw back some of the losses during the day outings has. this been another extremely nerd be emboldened told day and again today we see the russian market taking this morning in negative territory they were unable to close the gap so more we then saw the nosedive in the market

place thing with the possibility of one point of maybe being able to clay's in the black but it wasn't to be and they paced place down out here down t. point eight percent in my six down point one three percent there's a lot of uncertainty and instability here still and now we seem to lift the leaders come out and try and stabilize the market some of that hasn't had as much of a positive effect as it was we have had some good news in that the oil and energy mages have actually managed to close in the black today albeit slightly we've seen steady bank placing in the black as well now we heard earlier an announcement from prime minister putin he said the russian central bank and the ministry of finance were ready to complicated to. the markets after the u.s. downgrade the ruble the russian central bank then admitted it is that you already started intervening of the russian revolt its biggest drop against the euro

in seven years one day jump in seven years say they didn't specify exactly how much money they were buying up as we said we're certainly seeing a lot of instability still are we going to see the market stabilizing well there was certain of that yet the traders that we're speaking to have been saying much of what we think that maybe defense may have been yet in fact. is it really a confidence that the maybe it is where they're at the market again to be able to say the coming. months invested stabilize the market. all right let's take a look at the comparable complete picture at the exact figures and figures on the russian markets r.t.s. down two point eight seven percent my six just below the fifteen hundred points mark down three point one percent if you look at individual share movers on the my six majors closed next gazprom losing one point nine percent while lukoil gain point three five burbank the most liquid stock on the market gains two percent of

the fueling six the previous session. u.s. markets are still up though losing a bit of that initial steam all eyes on the bernanke nice beach results are due out in one hour's time ben bernanke he will be speaking at the federal open market committee meeting to second place right now. now in europe at one point a footsie fell below thought thousand points for the first time in more than a year actually ended up one point nine percent the dax ended down point one percent not managing to move into positive territory in the final minutes. and gold is going to bring new highs yet again as investors are looking for safe haven assets but silver is making losses right now it's down three percent of the best this gradually shift back into more riskier assets. when it comes to the oil light sweet is down one dollar seven cents this brant or one dollar for sense

of course investors are still hesitating as to where the market will be moving this all depends on the fed meeting world prices are fifteen percent since the start of august waveland fears that the economic property in the u.s. has it's a rough patch that of course downgrade of the u.s. debt alone some prices down six percent on mine. russian ruble is also reflecting what's happening in the oil market has fallen to a seven month low versus the dollar at the close it was worth just below thirty roubles a dollar and the suggesting the russian government now needs a managed evaluation if we see as a. decrease in the price of or and the budget is not. even by the price of one hundred of those. so the government should find out some ways to finance is that is that and a little. mound of social division so if you can do that is the only deal

certis thirty one pulls a dollar if you give the project maybe ten fifteen percent of additional. income. and as you mentioned all eyes are on the u.s. fed meeting which is taking place right now results are due out in the one hour sun expected to impact sentiment mr bernanke you will find for the possible quantity freezing. free but the most probable scenario that they will announce the program or warned us treasuries buy bear curve on the end of the cure. this is the basics their market is expecting but if they will provide more market will be more happy all right well i'll see you in fifteen minutes time if you can join me of course for a business update kind of next level. see

the british.

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