for the. we've got it for. the biggest issues get a human voice face to face with the news makers on r.t. . this is r.t. moscow in the top stories chaos reigns thousands of police move on to the streets of london the prevent new violence and looting after three days of disorder. shops and business is closed as fears rise of another nights of violence i have all the latest from london in just a few moments. also u.s. stocks head back down are for a frank admission about the american economy spooks the markets. the federal reserve admits the u.s. economy is weaker than originally thought and risks are only increasing more

details from new york coming up. to europe's top bankers says the continent is going through the worst financial crisis since world war two as the central bank buys bonds from the region's crippled economy. both of you watching r t international from moscow with me kevin oh it is tuesday evening it's eleven pm here now on the top story some sixteen thousand police officers patrolling the streets of london tonight in a parade to prevent more clashes and random violence which has gripped london for three days is left a trail of smashed windows looted shops and burned out cars in a number of cities across the way he's either bennett's across the latest. shops and businesses are not just hearing platinum 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 were 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 and night and they'll be prepared to use plastic bullets if they have to as 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 are just angry here. not more was done by the police they say the rioters were given two hours to take what they couldn't cause much damage they could have before any police turned up and they're angry that police chose to target other more wealthy areas first to save them before turning out here politicians and the police are putting the putting last lies riots and violence down to copycat and violence and opportunist. criminality and they're

saying is sheer criminality rather than anything else they're distancing it from any dissatisfaction among london's these are 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 made their incomes and so at the same time that these sympathize they feel it's all part of the same thing once they might know no markets are going to personally shop in tottenham last week that sparked all of this they feel it's all tied in and they think they leave 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 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 like they have nothing to hope for in a moral man is my colleague nor any london's burning writers 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 seal off streets and treat whole areas as crime scenes with local communities trying to come to terms with the wave of looting in gulf in north east and south london in tottenham where it all began the high street is a burnt out shell the police the chops and so are the banks 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 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 i had levels of unemployment then are

losing their lives and services youth clubs been closed there is never any excuse for violence part of it when she was attending. the war isn't concerns untruths about that but parker with the spark which has 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 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 charmingly groups. put these ethnic groups interest. groups are you. you know that put all the great. spirits. on the races for the

greens. but i think you know something should be done unless these gangs of youths tyrant 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 the losers aren't making a political points 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 it is bad as it's been for years and with cuts in government spending looming over the next few years the situation is very unlikely to get any better nor at its artsy hackney east. because we've got live updates on the chaos in the u.k. not twitter feed keep you up to date on the latest this week and it's about to underscore calm this is the latest tweet coming through from one of our

correspondents working at the same roadside london here in. manchester center where it is on the log reports of police on horses charging it gathered crowds the blast has been on the market street as the maybe tells us what we know slaves come through from our correspondents on twitter people today with the latest party under school call and also don't forget to keep an eye out for the presidents in our you tube channel to. with a troubled initial spark for the violence of britain was the police shooting of

a man in tottenham and tensions could once again be stoked to offer initial ballistic tests have suggested that the victim mark duggan did not actually fire a gun at the officers i spoke to a panel of journalists partly having said just now i was in south korea up in the violence last night he says the government should stop playing political games and address the important issues. to be honest this is one of the most shocking things i've ever had the displeasure of seeing was in brixton early monday morning about one am it's all gangs of youths who were some of which had fled from the central brixton into the surrounding areas like stockwell barricade in the streets with rubbish bins or anything they could find in order to stop cars and try to pull drivers from the cars and take the cars i saw in one instance this happened one man came to help the driver and he was beaten by a gang of six or seven young black youths in brixton very frightening

i was barricaded in a pub for part of the time and couldn't go out and the pub. about an hour after that incident so no police to be found even if you dial nine nine nine the police said sorry we can't help you to say where you are now if the leadership of this country and the heads of the police departments everything have been paying attention to what's going on around the world in the middle east and north africa the leadership in britain in the police force in britain think all were different no it's the same you have mobile phones blackberries twitter you have mobs they're able to outmaneuver the police at any turn and the police cannot cope with this and unfortunately the criminal element know this night vice to the leadership of this country all your m.p.'s and david cameron and everybody else stop playing politics stop playing labor and conservative the blame game and you've got to start looking at what's going on the street. well it's exactly what we're asking you tonight on our website our team dog what do you think is the driving force behind what's been

happening here over the weekend and that last night this is what it's telling us the majority of you think still it's the result of heavy handed policing others of you blaming the struggling economy or the failure of multiculturalism in europe as you can see on the graph there the rest of you believing it's criminals trying to simply grab anything vague and get loot other shops still time to have your say log on to our t dot com click as part of this no effect. take a look at the other main news of the day now the u.s. federal reserve submitted the u.s. economy is not as strong as it thought and that could indeed force it to keep interest rates at record lows for the next two years to help calm investors but the fed's comments were enough to push the u.s. markets back into the red after a day of modest gains those catch up with the later is that he's going to fort myers joining us again now from new york hi there so he statement was far from reassuring and by the looks of it. that's right kevin before the federal reserve did release

a statement many traders and investors were anticipating that the fed would do a bit more to help to reassure nervous investors about the u.s. economy but it doesn't seem to be the case the federal reserve met for the first time on tuesday after the u.s. this credit rating was downgraded from aaa to double aid by standard and poor's of this was a meeting that came right after that happened and as you mentioned the federal reserve announced that the u.s. interest rates will be kept at record lows for another two years through twenty thirteen we should mention that interest rates in the u.s. have been near zero since december two thousand and eight the financial crisis hit the u.s. and then you know if after the rest of the world a lot of a lot of experts believe that it is actually hurting the economy by keeping interest rates so low bank banks are squeezing lenders for more profits and then it

becomes a systemic kind of web where everyone squeezing one another stocks initially fell after the federal reserve did make its announcement in addition to saying that interest rates will be capped at record lows for another two years the fed could use some kind of somber language to describe the america's current economy saying that this year the economy grew at a much slower pace that the fed actually anticipated or expected you know we do remember that ben bernanke the chairman of the federal reserve it was a year or so ago there were he announced publicly that the recession is basically over and it's just going to take a little bit of time for the people to feel it at this point all the american people are feeling is a huge squeeze let's look ahead with the market move them so easy as you just seen the. least of our own lives about america's prospects no good i guess.

you know eat don't even have to be an analyst to to understand the situation in in america right now to understand the economy you don't have to pay attention to the s.n.p. to understand that with fourteen million americans out of work and six point six additional americans so discouraged from finding jobs they stopped looking there is a problem when you have more than forty million people on food stamps when you have one million americans that have lost homes last year and another one million expected to lose homes this year you understand this is a significant crisis and this is a crisis echo from what i've seen reporting in different states out of this country it's a crisis that's not being tended to in a way that it's supposed to it's not going away if anything it's deepening it is getting worse and a lot of cuts that are now being made by the federal government are cuts go into social programs such as. food stamps stamps were cut by twelve million

and now you have more americans that need them so you don't have to be an economic expert to understand that the situation right now is very tense tense and confidence clearly is declining. more with no support from new york things are much better use of oregon for more almost all the volatility what is going to mean for the u.s. economy let's sort of pose called is there a goal is joining us on the law you know on skype from toronto to see more gold is very good evening so you know the fed chairman ben bernanke he's admitted the u.s. economy is struggling but you know when there's sign isn't it. well it's certainly going to be legal are people nervous because his job was through positive statements and reassure markets. and it has reassured bankers and financial equal who created. and it certainly will.

savers and retired americans all the people who put their money into retirement accounts and plan to live off the interest the council there will be no interest and will be no income for a lot of them the word this needs is the government is still sure of the banks but at the cost of consumers and a course out the cost as well as we're hearing there from a correspondent of the social security programs medicare medicaid looking at the food stamps it looks like the heaviest cuts are going to fall on social security programs what of course the u.s. military escapes it seems relatively unscathed so fair is it to the sick elderly and in need. it's not fair in my view it's not right you know if the united states and i speak as a former member of the american armed forces and which i volunteer. no instance we're being under invaded. ours will know principle too much

for her defense but we're not paying for defense right now we're paying for the sense that america's military operations are all around the world and america is simply standing too much on a military i wrote my account of last week. to the player of the soviet union of the night. in the same trap quite think and there is there were military spending. consumer economy is running out of trouble erica looking at that very report now didn't you say of course is what were the majority of the money for all the defense saves abroad is borrowed from asia really underlines doesn't it washington can't afford all these wars abroad. well in situations very strange not too many americans understand that the. government budget is moral largely

from china and japan so what's happened lyndon johnson began this there in the vietnam war and was continued by president george bush since two words iraq instead is the costs of swarms were never equal the taxes it's the war not the war taxes were the wars have been no her cause the us public put on the us national credit card that's one of the reasons for the. poor cheap trillion dollars and is growing if americans had paid for the cost of these foreign wars and florence military sounds out of their taxes i think it would be a big change public opinion or course here is to frame secretary panetta having dial warnings if there were to be cuts made to the president to the pentagon's budget if we said it would put the us security in danger does is argument really hold water. it does for many americans because americans were. like russians.

are. nine eleven really still very uncertain americans are guarded with all kinds of them arms. forces trying to attack the united states but there is the in his job as the answer gone trying to protect its namak budgets one of the way it was will through. almost. rule military spending its role in america's rich allies in. eighty percent of the arms spending. this is becoming the. now and it is inevitable that the pentagon budget is going to have to be cut but it's going to be very hard to do and still get because the pentagon and its allies in the military defense industry and the very cleverly of spring arms production across was yelling at the ensure the plants and.

arms program you're going to have senators congressman's dreaming. of right across the country general eisenhower president one hundred percent is danger sixty years ago and cover fruition as you say in there eric margolis huffington post columnist thanks ever so much being on r.t. international and will. european shares regain the some ground for their own heavy losses but the central bank chief warns that the region's financial system is now in the worst state since world war two but despite the banks starting to buy government bonds from spain and italy to try to prop up their struggling economies trading's been volatile with fears the eurozone and us that could slow growth we're ready struggling here as i was playing to boost the powers of its bailout fund the keep contagion from spreading to major but christian reich spoke to their over from the front foot technical university told me the european central banks move is

actually doing more harm than good. if you look at the mere size of a country like italy i am convinced it is not possible to do just as straightforward as a matter of fact what the city is doing here i think is perhaps to do it and say it is a breach of trust they encourage behavior so that some countries came for your eyes on the expense of others and this is something which in the long run rather threatens the euro area than strengthen its. we should be aware if you look at the yeah it spreads and government bonds. are now almost. pretty euro levels and i would say this is something which shouldn't amaze us too much and it shows that in the whole being tired that isn't the time for 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. libya's government accused nato of killing dozens of civilians in the west of the country tripoli claims at least eighty five people died during recent airstrikes officials say nato bombed south of the city as to allow the rebels to enter the area the alliance says the targets were military meantime the head of libya's rebel movement has sacked the entire executive committee that functions as a cabinet it follows the assassination of the commander of opposition forces last month we talk to stephen lebanese an author told us it's obvious there's no agreement in the rebel government right now and that nato is losing the war. here isn't this the really easy it. was this they were. all it was inside. that they were literally in testing of each other

some people call it was the only others. need always was. there's no possible way he's going to win this one militarily but they certainly can win by imposing its three hardships first bundle being people the needle players when i se the billions we're not killing civilians they've made it one quote unquote mistake nato is targeting civilians that is part of a strategy for army hospitals bombing school was the only university if there's like killing civilians i don't know what hits. this is artsy for muscular chick a couple stories a lot see dot com so now we've got lined up for you if you like the click over there the belorussian activists forcing a revolution through social networks we've got this story find out what's behind the quiet of silent marches all aimed at fighting fear and bringing change a lot of clicks that want to know if you're not called already you might want to avail yourself with our story also. qualify or know if they believe they could fly

and they almost did thousands looking on to the banks of the moscow river there as a colorful of ray of homemade flying machine takes some very briefly indeed to the skies some with more success than others i was good to see i was going to smuggle face down about you what was pictured so arty dot com. also the headlines for us tonight police five people have been killed and eighteen injured in a clash over one more from the seat of government land in the afghan capital kabul around two hundred took part in a 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 spurs the crowd. in more world news of these fifty thieves including children have died after a passenger boat sank off the indian ocean archipelago of commerce the vessel was carrying over one hundred people when both engines failed and caused the boat to capsize those with the most serious injuries were rushed to the main hospital in

the capital others were treated in local health is actually. relatively common in commerce the boats are often overcrowded. the hotel maid infused only stress can of sexually assaulting as filed a civil suit against him enough is luke uses the former i.m.f. chief of launching a violent and sadistic attack against her when she arrived to clean his manhattan hotel suite it may so scar his passport of not guilty to the charges he's been released on bail amid doubts over the maid's credibility ritu. surely financial guru most keyser this co-host stacy herbert the great privatization drives gold coins and deals first so let's get an update on how the world's markets are doing right now with dmitri. thanks kevin alone welcome to business r.t. first up the federal reserve has said it will most likely maintain interest rates at record low levels till mid twenty thirteen the statement provided little

assurance to investors with the dow losing most of its choose these gains a bit down fifty points but has now come back. he didn't. give to the market so sure and so that they will be taking care about the situation in the markets he just. told the usual stuff that they will be doing whatever it would be just to promote this the ability to prevail in their inflation and they should be doing please the market a lot for the rest of the week that will be usual actually say again it will be like forty five percent intraday movements and just after this slump a lot of people will be choosing bare bones it seems to me that not all the redemptions are in the market maybe the investors will be put off money from the table especially from their research the. high bidder countries like russia.

polycyclic appear figures on the u.s. markets they've come back up with the dow one point two percent higher and now a lot of volatility see them financial stocks citigroup and bank of america are up eight and a half percent off a massive losses the previous day. at one point the first c. fell below five thousand points for the first time in over a year at the end of tuesday session i don't see many gains of one point nine percent but that's not managing to go into positive territory. gold's been hitting new record highs pretty much the past couple of sessions seven hundred fourteen dollars up over one point two percent silver though coming down around three percent. paranoia the price is down of this hour light sweet setting two dollars sixty four cents brant one dollar eighty cents as investors are worrying about the sluggish u.s. economy pace of recovery and demand for crude oil prices absent fifty percent of

the society focused way by fears of economic recovery in the u.s. has hit a rough patch. and finally. sequitur because a picture in russia where the r.t.s. went down three percent at the close of my six point one percent confidence coming from was not enough to go into positive territory if we look at the main movers on the markets as you may just closed next grass from losing almost two percent while lukoil gains point three percent banks were also gaining his all to suffer. list when another extremely nerd be emboldened told they again today we see the russian markets aping this morning in negative territory they were then able to close the gap so more we then saw the nose dive again and the market is blasting with the possibility of one point of maybe being able to clay's in the black but it wasn't to be a case closed down out here down t.

point eight percent in my six down point one three percent there is 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 close to the fake as it was we have had some good news and the oil and energy mages have actually managed to close in the black today will be slightly steady bank placing in the black as well now we had earlier an announcement from prime minister putin he said the russian central bank and the ministry of finance were ready to complicate it in the markets after the u.s. downgrade hit the regal the russian central bank then admitted it is that you already started intervening after the russian regal hit its biggest drop against the year in seven years one day jump in seven years say 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 they will certainly but yet the traders that we're speaking to have been saying much of what we think that maybe is sentiment driven yet investors have really lost the confidence of them a bit and it's whether that the markets are going to be able to say they cannot be a factor amongst investors to stabilize the market. and i saw some headlines with. we'll. bring you the latest in science and technology from around the world. we've got the future of coverage.