in a bid to prevent more clashes the random violence that's gripped london for three days now has left a trail of smashed windows looted shops and burnt out cars in a number of cities across the u.k. that is over bennett's following the latest for us. shops and businesses not just here in clapham in southwest london but all over the city have 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 up in 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. so the city is prepared for another night of violence and now i haven't seen any of that here in clapham in the southwest of london where the tensions here have been definitely high people 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 were angry that police chose to target other more and more wealthy areas first to save them before turning up here politicians and the police are putting the putting last lies riots and violence down to copycat violence and opportunist. criminality and they're saying is criminality rather than anything else they're distancing it from any dissatisfaction among london's youth 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 it so at the same time they do sympathize they feel it's all part of the same thing was they might not know mark duggan the person who shot in tottenham last week this far to all of this they feel it's all tied in and they think that the youth here very disillusioned with society they feel like they have

left anything by the coalition government and their own thing they have anything to hope for a lot of the austerity cuts of man the youth centers of clothes and that's what people are angry about the anger there's a high unemployment rates and. i feel i may have nothing to hope for in a moral man is my colleague nor any of london's burning rioters and police take over the capital for a third night as looters 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 burned out shell the police the job center all the banks everything that's happening the recession you know there's a loss 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 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 by how levels of unemployment then are losing jobs their lives and services youth clubs have been closed there is never an excuse for violence the community was a tinderbox on the juarez and concerns of community about the death of where the spark which has a far 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 than whites and together with hackney brixton walthamstow 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 groups. these groups. you know the pope will their. spirits up. on the races for the breeze. but. something should be done unless these gangs of youths tire of the violence that 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 unrest on the streets in the coming days the losers 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 state isn't bad as it's

been for years and with the cuts in government spending looming over the next few years it's a choice and it's very unlikely to get any better nor at its happening. there live updates from the curse of the u.k. and our twitter feed are to underscore calmly refusing to come in for no new and at no evidence of mob dog and opened fire at police officers before he was shot dead ballistic test results have revealed that the latest tweet through also scotland yard appealing to any london police volunteers all the top officers for help it's all hands to the program to our twitter feed r t underscore calming keep an eye on the video. to. the.

police. officers in london to begin permission to use plastic bullets to disperse crowds a top metropolitan police official said they're not afraid to use any tactic necessary but investigative journalist tony goes and 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 implementing are actually dictated to him by the banks and he's lost touch with ordinary people there's also a crisis of the metropolitan police that support stevenson who is a very well respected leader of the metropolitan police have 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

this is 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 basically just to ignoring the families police to have some explanation we've also heard now that there was a 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 get 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. now on our website our two dog call we've been asking all afternoon what do you think the driving forces behind these riots it's 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 criminal trying to grab anything they can join the discussion you know those are your say i'll take dot com. better attention to the markets no share with the u.s. 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 giant 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 what this is 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 five mantle prices all three major u.s. stock indexes fell between five and seven percent tuesday morning when these indexes were rising the stock's rising slightly as the markets recently opened

clearly it's a little teeny bit of a sign of optimism as you mention the federal reserve is meeting today and many many traders trying to 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 i stared and poor's did kick the united states out of that triple a credit clogged 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 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 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 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. and there is a lot of uncertainty insecurity and i could tell you frustration 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 do the majority of people in the united states think that the economy is faring well for them what is really

important in new york in our business because of course keeping an eye on all the latest developments on the world's markets focusing as well overly almost certainly russia has crossed 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 to 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 in a about an hour but the meeting is taking place right now so if we don't hear any promise of action from the united states or from the fed starts with quantitative easing number three then the markets my plumber just again ok game of football of. i mean some european shares regained some ground after their own heavy losses put the e.u. central bank chief warns the region's financial system is now in the worst state

since world war two that's despite the banks starting to buy government bonds from spain and italy to prop up the struggling economies tradings volatile with fears eurozone and u.s. debt could slow growth already struggling economies the eurozone is planning to boost the powers of it from the keep could take you from spreading to major economies i spoke to dr christine reich he's from the frankfurt technical university he told me the european central bank's move is actually doing more harm than good. if you look at the mere size of a country like italy and i am convinced that it is not possible to do just let's say is straightforward as a matter of fact what the e.c.b. is doing here i think is perhaps to do it quite strictly is a breach of trust they encourage certain 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 is. we should be aware that if you look at the yanks spreads on government bonds they are now almost bake. to the pretty euro levels and i would say this is something which shouldn't amaze us too much and it shows that in the whole mean time that is in the time from the success of the euro nothing very much has changed if we enter a direction that we should be encouraging more and more selfish behavior by individual countries i would say this is a real threat for the whole euro area. joined forces to save the common economy one e.u. state is happy it isn't bailing out the single currency poland was supposed to adopt the euro next year but those plans are now on ice with get a stay out of the crisis. reports. while parts of europe have been teetering on the edge of economic abyss goldman 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 how can we help out someone else without solving our own problems it's almost guaranteed that prices would go up but we join the euro zone which would damage my business recent opinion polls suggest that more than sixty percent of balls 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 their country to join the euro now the name of the euro has been sullied by the troubles in greece and italy poles 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 allowed by your membership and associated low interest rates being outside the euro zone meant to pull and could not join the party but now it does not have the hangover poland was meant to have the euro by next year the time when the country's co-hosting the twenty twelve 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 meets the economic rules for joining but 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. into eurozone i mean the konami governance of euro zone and also some crisis management tensions

we see some need for change in the euro zone before. the target date will be a. set up the game has changed and the euro globe everyone once wanted to join may now be the invitation no one wants to accept. let's see russia of ski party because you from warsaw in poland. emergency services are searching for an am twelve cargo plane that disappeared last night in russia's far east with eleven people on board the plane that's missing is the oldest aircraft in russia's civil fleet it was heading for a town that you called courageous where the crew told air traffic controllers that one of the engines was on fire they asked to make an emergency landing and shortly after that the plane disappeared from radar authorities say fog and heavy rain are hampering 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 officials say nato bombed south of the city of litter to allow rebels to enter the area they live says the targets were military meantime 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 lemons author and blogger he says it's obvious there's no agreement 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 that the rebels would sit in such is the worry that they will literally contesting among each other some people call it a stay only others say nato is lost is the class of all we need is going to win this war new terror but they certainly kill women by imposing its green hardships on the libyan people legal claims we're not targeting civilians we're not killing

civilians they made it one quarter call mistake nato is targeting civilians there is part of a strategy or me us girls school was only university if there's like killing civilians under the word yes. blogger and activist stephen leatherman there speaking to us now you also get all the latest updates videos and blogs of course on our web site r.t. dot com is just a small taste of what we've got lined up for you deny them the better russian activists forcing a revolution through social networks find out what's behind the quiet of silent march is aimed at fighting fear in bringing change you got the story online tonight plus we found 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 successfully have tons of the colorful ray of homemade flying machines briefly to the skies some with more to say success and others very nice to see there comes

a place from all of those pictures. also the headlines tonight at least five people have been killed eighteen injured in a clash over lawfully 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 spur the crowd. at least fifty people including children have died after a passenger boat sank in the indian ocean archipelago of comatose the vessel was ferrying over one hundred people when both its engines fail that caused the boat to capsize those with serious injuries were rushed to the main hospital in the capital 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 or ambassadors know from the country and turkey is also

joining the growing chorus against president becomes of government forces intensified the assault on opposition strongholds of tank and artillery fire over three hundred people have been killed in syria over the past week it's the bloodiest in a five month uprising. and more will be the hotel maid who accused dominic straus car of sexually a soul. as far the civil lawsuit against did nothing to diallo accuses the former i.m.f. chief of launching a violent and sadistic attack against her when she arrived to clean his manhattan hotel suite and made stars can spray did not guilty to those charges and has been released on bail amid doubts over the maid's credibility will be rewarded with looking ahead to our programs coming up shortly tonight in a few minutes we take you to the small caucuses kocsis republic of south a city which is a gradually recovering from the devastating attack by georgian troops three years ago it's really interesting program if you're not called that one yet so i assume tonight after we've got the latest business from dmitri.

thanks very much kevin emerging markets have plunged to the lowest levels in months cocktail of u.s. credit downgrade and the eurozone crisis prompted a broad selloff 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 off as opposed to this been another extremely nervy and volatile day again today we see the russian markets aping this morning in negative territory then they were then able to close the gap so more we then saw the nosedive again the market flirting with the possibility of one point of maybe being able to clay's in the black but it wasn't to be a place down r.t.s. down t. point eight percent and my six down no point one three percent there is a lot of uncertainty and instability still now is simply 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 and the oil and energy mages have actually managed to close in the black today albeit slightly we will say seen spare 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 pump liquidity into the markets after the u.s. downgrade hit the rebuttal the russian central bank then admitted that is that you already started intervening after the russian rebuild its biggest drop against the year in seven years one day just in seven years so they didn't specify exactly how much money they were buying up but as we said we're certainly seeing a lot of instability still are we going to see the market stabilizing well no i was certain of that yet the traders that we're speaking to have been saying much of what we think that maybe it is sentiment driven yet in fact. it's a really confident that the maybe it is where the markets are going to be able to

even if their months invested stabilize the market. all right let's take a look at the come for the complete picture at the exact figures closing figures on the russian markets r.t.s. down two point eight seven percent my sixth just below the fifteen hundred points mark down point one percent if you look at individual share moves on the majors closed next gazprom losing one point nine percent while lukoil gain point three five burbank the most liquid stock on the market gained two percent of the fooling six the previous session. u.s. markets are still up though losing a bit of that initial steam all eyes on the burn lengthy speech results are due out in one hour's time ben bernanke he will be speaking at the federal open market committee meeting which is taking place right now. now in europe at one point the

footsie fell below five thousand points for the first time in more than a year it actually ended up one point nine percent the dax down point one percent not managing to move into positive territory in the final minutes. and gold has been hitting new highs yet again as investors are looking for safe haven assets but silver is making losses right now it's down three percent the best is gradually shift back into more riskier assets. when it comes to the oil light sweet is down one dollar seven cents this brant up one dollar for sense of course investors are still hesitating as to where the market will be moving this all depends on the fed meets a more oil prices have shot fifteen percent since the start of august way by fears that the economic recovery in the u.s. assets a rough patch of course downgrade of the u.s. alone some prices down six percent on. the 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 per dollar analysts are suggesting the russian government now needs a managed evaluation if we see is a. decrease is a present for and the budget is not. even by the price of one hundred of those. so the government should find out some ways to finance this deficit and to divvy a little. mound of social obligation so if you can do a little bit maybe you search a set of on those a dollar it gives a budget 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 a one hour sign expected to impact sentiment mr bernanke you will find for the

possible quantity freezing but free but the most probable scenario that they will announce the program of. u.s. treasuries buyback are on the way and one of the end of the cure for this is the basics their market is expecting but if they will provide some more market will be more. all right well i'll see you in fifteen minutes time if you can join me of course for a business update ken is next with headlines. the

british. market. find out what's really happening to the global economy. no holds barred global financial headlines comes

a report. hungry for the full story we've got. the biggest issues get a human voice face to face with the news maker.

one is kevin i mean this is a team from moscow let me take you through our top stories thousands of police move on to the streets of london to prevent new violence or looting after three days of disorder over five hundred people have been arrested after the. u.s. stocks fall but the losses following the biggest slump in years the plunge was caused by fear is the downgrade of america's credit rating could worsen the slowdown of the world's biggest economy. and europe's top bankers says the confidence going through the worst financial crisis since world war two european markets and i'm certain they despite the central banks moved by bombs from the region's crippled economy. coming next we look at what south the settee and had to overcome to get back on track after georgian troops began shelling the capital in august two thousand and eight.