skirmishes and also tongues have broken out in manchester with a large group of youths throwing missiles at offices the ransom violence is entering its fourth day although the y. state areas of south london appear calm he is a lawyer and that is that. london mayor boris johnson arrives in a riot devastated clap to a mixed reception delivering the government's message to rioters that they'll feel the full force of the law. but who's going to catch them across england and wales more than eleven thousand police have already been laid off in austerity measures by two thousand and fifteen a total of thirty four thousand will go meanwhile london and other cities are taken over by thugs the police have not been anywhere where the police if the police were hit you think that would have been i think any surprise rising south a little bit better i don't think they're doing everything they can i don't mean to

be more violent i think they need to be more competent while police numbers are being cut the estimated cost of the war in afghanistan from two thousand and one to the end of last month was thirty billion dollars all taxpayer cash british forces are also heavily involved in libya despite the ministry of defense saying required to lose thirty two thousand start m.e.p. general patton says money's being spent on foreign wars that should be spent at home. i think that the point is come where we have to call in the armed forces what we've seen now. criminality across the whole of what we should do in my view is pull our troops back from these pointless wars in afghanistan and iraq. as money spent on two wars in foreign lands parts of london birmingham liverpool and bristol i said should we get to partly because of high immigration but also because young

people in these communities have no prospects they're bored and disaffected and the cuts bite that's not going to improve a class youth worker told me four out of eight youth centers have closed since last year it's about invest in your communities when you take away the money from the police in the way the money from the youth work. i mean i could never have imagined such consequences to be only you know you would get consequences tuesday night saw sixteen thousand police officers on the streets of london according to the metropolitan police the force is being stretched more than ever before and increasingly londoners are talking about taking matters into their own hands bringing with it to ation under control is just the beginning of folding the problem it's not just about cleaning up it's about communities coming to terms with the fact that even at the current numbers if violence is widespread enough the

police seem unable to retain control the feeling of insecurity in these communities is likely to remain for some time particularly if police keep disappearing from the b. your m. it r t london. the initial spark for the violence in britain was the police shooting of a mining town on tensions could once again they stopped after ballistic tests address the victim mark duggan did not actually open fire on the officers and independent journalist patrick having seven wasn't himself caught up in the violence says the government should stop playing political gangs and addressing poor. 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. 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 because we couldn't go out and the pub sieged about an hour after the incident so no police to be found even if you dialled nine nine nine the police said sorry we can't help you just stay 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 in north africa the leadership in britain in the police force in britain think oh we're 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 my advice 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. under no website we've been asking you what's the driving force behind the riots the majority you think is the result of heavy handed policing others blame it on the struggling economy and the free live multiculturalism in europe and the rest believe it's criminals trying to grab anything they can so please join the discussion and how do you also say that. the us federal reserve has admitted to the us economy is not as strong as it thought that could force it to keep interest rates at record lows for the next two years to help carmen but steers the thirds comments pushed the u.s. stocks into the red but some late trading so markets recover their losses as marina portnoy has the latest from you. 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 but it doesn't seem to be the case the federal reserve met for the first time on tuesday after the u.s. its credit rating was downgraded from aaa by standard and poor's so this was a meeting that came right after that happened and 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 eight hundred. the u.s. and you know infested 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 and initially fell

after the federal reserve did make its announcement the fed did 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 you don't have to pay attention the dow jones or the s. and p. to understand that with fourteen million americans out of work and six point six additional americans so discouraged from finding the 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 i can tell you from what i've seen reporting in different states 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 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 and huffington post columnist eric margolis says the u.s. is spending too much on its military adventures when it should be concentrating on issues at home but certainly rude. senators and retired americans all the people who put their money into retirement accounts and plan to live off the interest on council there will be no interest and there will be no income for a lot of them and what those needs is the government is still suring up the banks but at the cost of ordinary consumers it's united states we're being under invaded growth of ours will no principle be too much to pay for france

but we're not paying for the chance right now we're paying for old sense in the sense that america's military operations are all around the world and america is simply spending too much on the military americans are bombarded with all kinds of them arms warning of outside forces trying to attack united states us military spending now accounts for almost half of world military spending 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 so because the hands of god and its allies in military defense industries very cleverly have spread arms production across almost every state and you're making sure that whenever a plant is cut down arms program you're going to have senators and congressmen bringing bloody murder of right across the country. with the global economy it's tumbling deeper into uncertainty we'll look at all the major developments at our

web site r.t. dot com and here just a taste of what's going to be more voices joining the call for a review of america's five euro he's telling leaders to put aside plans for world supremacy and to feed their people instead. and look at how the financial disparity in the u.s. the sterling some thriving industrial centers into ghost towns. european markets bonds biograph to last week's heavy losses but the central bank chief warns its financial system is not in its worst state since world war two meanwhile the five starts buying government bonds from spain and italy to pull them out of the financial crisis something that germany strongly opposes trading has been fickle with fears eurozone and u.s. debt could hold growth for already struggling economies and dr christian right from the frankfurt technical university says 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 i am convinced that it is not possible to do just let's say a straightforward as a matter of fact what it's 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 it. we should be aware if you look at the yeah spreads on government bonds they are now almost back. to the pretty euro levels and i would say this is something which shouldn't amaze us to watch it it shows that in the whole the entire that isn't the time for the success of the euro and nothing very much has changed if we enter a direction in which we encourage more and more selfish behavior by individual countries i would say this is

a real threat for the whole euro area. meanwhile of us are members joining forces to save their common a common economy while east asia is hopping it hasn't bailing out the single currency poland was supposed to adopt the euro next year but those plans are now on ice where it was so eager to stay out of the crisis. while parts of europe have been teetering on the edge of economic abyss both of them 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 that we join the euro zone which would damage my business recent opinion polls suggest that more than sixty percent of balls want to. 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 scene and something very exclusive polls aspired to they wanted the 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 into the eurozone 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 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 needs the economic rules for joining but both politicians are now much cooler on the idea with minister saying the eurozone needs to get its house in order first but it's very important for us. the need for institutional changes. i mean the economy governance of euro zone. crisis management. for the euro zone before. the target date will be. set up the game has changed and the euro everyone once wanted to join may now be the invitation no one wants to accept. the looks of stick with. the ball and. emergency services searching for down to one of twelve cargo plane

that disappeared last night in russia's far east with eleven people on board the plane that is missing is the oldest aircraft in russia several feet it was heading for a town in the truck or car region when the crew told at traffic controllers one of the engines was on fire and they asked to make an emergency landing and shortly after the plane disappeared from radar and authorities say four and heavy rain are humping this search effort. he bears government has a keys nato killing dozens of civilians in the west of the country trip it claims at least eighty five people died during recent as trikes officials say nato bombed south of the city honestly town tyler rebels to enter the area the alliance says the targets were military meanwhile the head of libya's rebel movement has sacks the anti executive committee which impressions as a cabinet follows destination of the commander of a position forces last month stephen amendment author and put all that says itself is there's no agreement in the rebel government and nato is leading the war. 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 disarray that they will literally contesting among each other some people call it the stay only others say made always last is the class always knew it was going to win this war no terror but they certainly kill women by imposing its real 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 ask rebels bombing school was only university if there's like killing civilians out of the word yes. and also making the headlines tonight at least five people have been killed and eighteen injured in a clash over unlawfully seized government land in the on going capital kabul around

two hundred people took part in the gun fight between local residents and guards the armed conflict left several houses destroyed and key roads blocked security forces resorted to using water cannon to try and discuss what was. at least fifty people including children have died after a passenger about sign called the indian ocean archipelago colorado's the vessel was fairing of one hundred people one both its engines failed causing the boat to capsize those with serious injuries were rushed to the main hospital in the capital while others were treated in local health centers authorities like this accidents like this are relatively common and common rose as buyers are often overcrowded. the hotel made her queue dominic's charged current of sexual assault and has filed a civil suit against him if it's. used for that of launching a violent and sadistic

a tug against her one chair arrived to clean his manhattan hotel suit in may charles cannon has pleaded not guilty to the charges and being released on bail and the downs over the made credibility. syria's neighbors are increasing the pressure on the government and the ongoing crackdown on protesters several arab nations have recalled their ambassadors from the country turkey has also joined the growing chorus against president assad it comes as government forces intensify their salt on opposition strongholds with time and artillery fire over three hundred people have reportedly been killed in syria over the past week the bloodiest in the five month uprising. you're up to date and with the current financial turmoil in the u.s. and europe there's more talk about the need for a new global reserve currency and dotty spoke to nobel prize winning economist joseph stiglitz of the eve of the britain goods conference last april and his words now seem more relevant than ever.

joseph stiglitz is a nobel prize winning economist and columbia university professor and he's pushing for a rethinking of the global economic framework in the wake of a financial crisis now he's come with other economic and policy leaders to the historic bretton woods where decades ago a conference here led to the formation of the international monetary fund and named

the u.s. dollar as the reserve currency and they've gathered to rethink some of those very policies he joins us now to tell us more about it i want to thank you so much for joining us professor now you've written recently about the increasing disparity between rich and poor in the united states and you've even compared these conditions to what led to the unrest we've seen in the middle east so what do you think are the factors that led to this and what do you think the consequences will be with raised was the increase in the concentration of income and wealth in the united states has been enormous. what's happened in the last couple decades is almost a quarter of that income goes to the upper one percent. around forty percent but now you measure it all the bells goes up one percent americans used to think of themselves as a land of opportunity everybody else thinks of themselves as a land of opportunity and they think of europe as ossified. the

data. show that most americans are worse off than they were a decade ago and that is it if you include the sense of insecurity the loss of jobs that will it insecurity but health rights that most people in europe take for granted in the united states people with they lose their job can lose all the access to health care one of things that i raised in my article was that if you have a very split society there are going to be very different views about what's important if the rich can buy their own parks they don't need to have public parks if the rich can buy their own education we don't have to have public education if the rich can buy their own health care we don't have to have good health care for most americans and that's where we're winding up today so the people at the top that one percent are using their political power to try to preserve their wealth and

meanwhile making sure that the government doesn't do what is necessary for the prosperity the functioning of our entire society so who's to blame here if the politicians asleep at the wheel are out of touch with reality or their greater flaws in the system it's both i mean there are some relief deep flaws in america's political system. our campaign contributions supreme court said that corporations are people i mean a philosophical i find that difficult but they say because we can't restrain the rights of free speech corporations have unlimited ability to contribute and that means they can use their money to get laws that of them to escape taxation. and to shape a political process that really works for them but not for the rest of the country what about the u.s. dollar because you're someone who is calling for

a new global reserve currency but why because some say what's the alternative really what i argue and i've argued my book they can globalization work is that the dollar reserve currency system contributes to inequality. that poor countries are lending to the united states or close to zero interest rate and then borrowing back a much higher interest rates an equitable increase it contributes to instability. and it actually contributes to a weakening of global aggregate demand a weak global economy because if countries are setting aside literally hundreds of billions of dollars. saved the cautionary savings that's money not spent time has also been critical of the united states for its policy of quantitative easing and if i've read your writings correctly you seem to be saying they have a point so what is that point the point is that the u.s.

is creating liquidity us work very hard to open up global financial markets and one of the implications of that is when you create with quiddity if you go anywhere in the world it was where's it going not where we need it here in the united states it's going where it's not needed in china and brazil and other countries that don't want it so it's not only they don't need it they don't want it. we have to fix the banking system the united states our system of getting money. into small medium sized enterprises is cocked and the federal reserve has not fixed it you know they they contribute to creation the crisis they didn't understand the basic economics but because they didn't understand the problems that they were creating they didn't really understand how to fix it and yes they brought us back from the brink they saved the big banks but they have not really gotten our economy going again i want to thank you so much for the center via.

the history of this place runs through the centuries. a paradise for archaeologists. and ecological tourists. but one fateful night shots destroyed the harmony of life. how this republic got its life back. hoping dreaming and recreant. wealthy british style sun. sometimes.

markets. scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines to cause a report on r t. ah ah .

just this is a cable from the u.s. embassy in colombo to talk about here an apparent june seventh incident of extrajudicial executions the military ordered to the press that they killed nine to release your. own couldn't you know and there strongly suggest however that the nine were executed by the army and then dressed in military fatigues. explain well you know this kind of phenomenon where bodies are dressed up as guerrillas and presented as killed in action and this and this idea that you need to produce these actually encouraged paramilitary collaboration this is a cia document central intelligence agency they knew about these activities they

knew they were happening they knew about links to paramilitary groups and yet. usaid continued to. hungry for the full story we've got. the biggest issues get a human voice face to face with the news makers.

again this is every trickle the headlines at home past the hour. writing breaks out in central and northern england as sixty thousand police said the blow to the british capital and made fears that london will face a full night of riots and that six hundred people have been arrested so far with that number expected to increase with large numbers of c.c.t.v. pictures of bryant has to be released. to us markets recover their losses in a tough even day of trading despite a cool response to that rule announcement in love with an expense of economic growth the federal reserve says it will keep interest rates at record lows for the next two years to common vested. and europe's top bankers says the continent suffering the was from a deal since world war two the central bank moves to shore up the crippled economies not instead rebound but uncertainty of.