tv [untitled] August 10, 2011 1:01am-1:31am EDT
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half a dozen violent hotspots of flared up over the past few days buildings were set ablaze in shops and looted hundreds of people have been arrested and one man's been confirmed dead the violence comes amid massive a sturdy carts and high levels of unemployment many are blaming the government for the riots reports from london. london mayor boris johnson a rise in the riots devastated clap and to a mixed reception delivering the government's message to rioters that they all feel the full force of the law. 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
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hit that would have been i think any surprises out a little bit better i don't think they're doing everything they can and i don't mean to be more violent i think we need to be more. 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 being required to lose thirty two thousand start m.e.p. gerard batten says money's being spent on foreign wars that should be spent at home i think at the point where we have to call in the armed forces what we're seeing now is. criminality across the whole of what we should do in my view pull our troops back from these pointless wars in afghanistan in iraq. as money spent on two wars in foreign lands parts of london birmingham liverpool and bristol. i
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senshi get partly because of high immigration but also because young people in these communities have no prospects they're bored and disaffected and as 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 community when you take away the money from the police. the money for the youth work. never have imagined such consequences. 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 this problem and it's not just about cleaning up it's about communities coming to terms with the fact that the current
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numbers if violence is widespread enough. to retain control the feeling of insecurity in these communities is likely to remain for some time particularly if the police keep disappearing from the your. of course. bring you the latest updates on twitter. says that the british capital was shut down earlier. people sent home early from work and shops locking up. nothing like its usual self. between downing street and london suburbs is also being blamed for the violence journalist ben cohen thinks the british prime minister is simply too distant from the problems of the troubled youth to understand. i think you could look at this on
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two different levels the further we look david cameron of course these these kids who are looting shops and destroying people's properties are committing criminal acts and they should be you know they should be dealt with that's for sure but when you have someone like david cameron a product of of the richest schools in the u.k. he's a he's a white guy with absolutely no experience whatsoever of any type of poverty a type of material property what does this guy know about you culture what is this that i know about about the problems facing in a city black kid he doesn't have a clue there's a lot of anger in london about these writings and rightfully so because they are committing criminal acts by the larger problem is that you have an entire class of people that feel completely alienated from their society and this the rioting and anarchy that you see in the streets of london is is a product of massive alienation i mean these are some of the most deprived areas you know that i've seen in any major industrialized city and the general sense on
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the from running into kids on the street is that they did they don't care they have no interest in anything to do with society or community two thousand a crash financial collapse has hit poor people weeks trimly hard i mean really really hard and it's made inequalities far far worse you've got very low social mobility in britain in the first place and then you've got government coming in passing more sturdy measures as good a further disenfranchised and already disenfranchised generation of kids that just they don't have that we see in the future for themselves. and we have full coverage online of the situation on the streets of london during the riots you can head to our web site r t don't come to watch footage of historic buildings and homes going up in flames. european markets a bounce back after a day of volatile trading on the stock markets but the central bank chief is want. its financial system is now in its worst state since world war two it comes amid
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the latest speculation that the french economy is on the brink of a downgrade daniel bushell explains why. of the united states the french next on the credits a hit list to surrender their top rating france. according to a lot of people at least probably going to lose its status was. known for its life thirty five working week economists say the real reason why france like e.u. neighbors is in trouble they just don't work hard enough. is coming from heaven europeans are somewhat. titled to the world without actually doing something for them so the e.u. dream is becoming a nightmare as citizens demand better services working less exposed just
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three states should stay in the euro germany the netherlands and belgium share the same currency without having economic costs those nations know lead a growing resistance against fellow members position to the bailout centers on three issues people don't want to pay for others' mistakes they haven't been consulted and the money doesn't even seem to be helping italy this week became the latest country to bring out the big bowl but economists think it needs to deal with its own problems i think it is uncompetitive italy is growing relatively slow italy and spain have announced spending cuts but it's feared no with me enough to balance the books the e.u. citizens of being tricked into picking up the tab say analysts italy and spain debt is being bought by the european central bank because all people can't grasp their fancy methods. yet the e.c.
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peace funded by europe's taxpayers don't want to pay for these lousy greek spanish people but when they use the e.c.b. nobody understands it bridge finance minister francois barrow inspect a big. fund as fears grow that france's mixed in law in the looks wise move but then the last remaining careful states may have already had enough the new bush will see brussels. and while markets shake on both sides of the atlantic experts turned their sights to asia betting on who is to become the world's next economic superpower we're bringing you some of the predictions in just a few moments. the u.s. federal reserve has admitted the u.s. economy is not as strong as it thought it also announced plans to keep interest rates at record lows for the next two years to help calm investor nerves u.s. stocks responded negatively to the statement but later recovered their losses. has
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the details for us from new york. the federal reserve met for the first time on tuesday after the u.s. his credit rating was downgraded from aaa to double aid by standard and poor's the federal reserve announced that u.s. interest rates will be kept at record lows for another two years through twenty thirteen interest rates in the u.s. have been near zero since december two thousand and eight since right after the financial crisis hit the u.s. and you know infected the rest of the world 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 initially fell after the federal reserve did make its announcement to the fed did they use some kind of somber language to describe the america's current economy saying that this year the
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economy grew at a much slower pace that than 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 a lot of cuts that are now being made by the federal government are cuts go into social programs food stamps were cut by twelve million and now you have a 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. read a poem now that china could topple the list of the world's strongest economies
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pushing the u.s. off its centri old seat that expected well that's according to the international monetary fund which says the poet shift in the financial arena could be placed as soon as twenty sixteen. is in asia with all. the latest international monetary fund predictions are showing that china's economy will actually grow bigger than the u.s. economy by twenty sixteen which will be the first time in more than a century that the united states economy will not be the biggest economy in the world initially we were seeing asian markets falling but people are saying that there really is only a short term impact and that in the long run that asian countries are actually better equipped at dealing with this financial crisis india china and japan have actually been growing since two thousand and eight while obviously that's not really happening in the west as significantly also you know foreign investors if they start following the path of risk aversion and moving away from u.s.
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treasury bonds many people are saying that they could start investing more in asian markets like india and china so many people over here are actually seeing all of this as an opportunity for that shift to really happen and for more of the international community to get on board and move away from the dollar as the reserve currency into some sort of basket currency that could include a lot of the asian powerhouses like japan and china. well of course we always like to hear from you get your opinion you can log on to our website r.t. dot com to participate in our latest poll and there we are asking if eastern economies will be able to use current financial turbulence to their advantage and we can see there on screen already the most popular response is yes the east will become a strong as the west go online to r.t. dot com to contribute because the in from. libyan state t.v. is broadcast what it said was footage of colonel gadhafi some income is visiting
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people wounded in an air attack east of tripoli if genuine it would be the first visual proof that he is still alive after rebels claimed he'd been killed in a nato airstrike last week libya's government has also accused the innocence of killing at least eighty five civilians in the west of the country nato says the targets were military meanwhile 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 the opposition forces last month author and blogger stephen lemmon says it's obvious there's no agreement between rebels and nato is using civilian deaths as part of its strategy. to rebel camp isn't this a really easy heat of committee was that. they were unconfirmed reports that the rebels inside there were eight that they were literally contesting imo each other some people call it was the only others in need always last is the last of all we
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need is going to win this one little terror but they certainly can win it by imposing three ships on the libyan people legal claims we're going to have any civilians we're going killing civilians they made it one. mistake nato is targeting civilians there is a strategy for me us but also. only university if there's like killings of bill. stephen in a brief look at some other global news this hour in our world update the syrian president bashar assad has vowed he will not ease the response to mass protests across the country this comes after he met with the turkish foreign minister in damascus who pressed him to end the crackdown on demonstrators meanwhile the united states called on tuesday for more international sanctions against syria more than one thousand seven hundred people have reportedly been killed in the country since the uprising began in march. chilean riot police used tear gas and water cannon
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to disperse violent protesters on the fringe of an otherwise peaceful student demonstration in the capital tens of thousands marched in downtown san diego for the fifth time in two months demanding lower tuition fees and other education reforms some activists burned cars looted shops and threw objects at police a recent wave of unrest as the largest since democracy was restored to chile in one nine hundred ninety after nearly two decades of military dictatorship. brazilian authorities have arrested thirty eight officials from the tourism industry on corruption charges including a deputy minister police say those arrested conspired to use public funds for private gain almost two hundred officers were involved in the operation to detain the suspects if similar crackdowns on the ministries of agriculture and transport a number of high ranking officials also had to leave. hundreds of child abuse suspects escape justice in russia each year and the authorities are being called on
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to take a tougher stance on laws. reports now on how activists are taking matters into their hands. and mother in grief only reason. i even thought of buying a pistol and shooting him myself i simply don't know how else to protect my family live on the first floor with curtains constantly drawn i go to work every day sick with fear for my daughter which are on the website. it was hard for that area to admit she trusted someone who harmed her daughter she brought the man into the house is a common law husband to live side by side with him for more than now in use or so seconds that of my daughter told me he threw a stray cat on the roof and said he did the same to her if she ever confided in me about the things she was doing to her in his local so. when i finally managed to get things to the court the jury acquitted the man who she says is now off to her family hungry for a bench experience is just one example of many in
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a recent controversial case a man suspected of raping a seven year old girl was released without charge. yes i called her underwear and she started crying i squeezed her neck and crestor into the ground it only took a couple of minutes then i told her to go home and tell no one had. only after an enraged crowd nearly lynched the men did police launch a fully fledged investigation into the case and record that confession authorities also disciplined the original investigating officer will summarize this proposal the words that happened here is the mother was treated like a football she was kicked around from office to office a tragedy had happened to her shouldn't know what to do but no one wanted to even talk to her let alone accept her statement where. russian authorities have normally closed a fight against the sexual abuse of minors but results seem to have been meagre with estimates claiming thousands still fall victim in attempt to put things right
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activists have started taking matters into their own homes. i'm underage but that's fine i like small voice and would love to kiss you and hug you and do many other things to you this video has been put together by a group of volunteers as they track people they believe are paedophiles may go online pretending to be an underage boy or girl and they set up meetings with people who admit to preferring minors the idea is to film their faces and expose them on the web it was to go but i want to show we are simply a group of people who decided to fight this evil in our own way because our families live in the city our children walk in these parks and we don't want them ever to meet those perverts most of it is not going to stop which when they try to act within the law but often operate and it's edge. volunteers tracking paedophiles online say most people will sign off when they learn the personel
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chatting to is under-age but they also say the out of one hundred contacts one is said to be looking for easy prey currently the maximum sentence for child sex offenses is twenty years in prison an amendment to the law is meant to introduce tougher penalties including life in prison and conditional chemical castration but until the changes are implemented and proven to be effective the activists say they'll continue with their teaching ninety campaign diary pushed over archie. by the way for more news updates and videos you can log onto our website is all t.v. dot com here's what awaits you all like at the moment a global hacking team is trying to bring down facebook at a step to protect people's privacy was about the web site of limits. on this day eight years ago the first ever marriage in space was conducted by russian and american astronauts.
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well coming away shortly in our special report we look at those who try to find the truth behind the deaths of their relatives but first let's see what's going on in the world of business and what's happening with the markets today well markets half are still managed to escape the negative territory finally it was a sea of red across the board for a couple of days now exactly and a lot of people were panicking but wall street which was partly responsible for dragging markets down help them recover as well and i'll tell you why right now actually because the u.s. federal reserve has said that it will keep interest rates at record low levels at least till mid twenty thirteen and this statement provided some assurance to investors the dow gained almost four percent while the nasdaq closed over five
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percent in the black on shoes that bots aleksandr come up we've got renaissance capital believes the markets will overly involved it's off for some time. the following monetary stimulus will be provided in case so for for all the dull work momentum in the economy and there should be market participants like this for the rest of the week there will be usual its military again. just after the slump a lot of people will be choosing bare bones it seems to me that not all the redemptions are in the market the maybe the investors will be pouring all fall money from the table especially from their respect the. high b. the countries like russia. let's take a look at the markets now precious metals are again in the sour after seen mixed trading on tuesday right now gold is out in three quarters of a for science ball silver is up over one percent's and oil prices bounce back from
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earlier losses fall in the positive sentiment on the markets both light sweet and brant are adding over two and a half dollars this hour. asian stocks are making a comeback recovering some of the hefty losses we saw in the last few days commodity related firms that exporters and banks are some of the best performers right now both of h.s.b.c. and bank of china rose around four percent in hong kong after each side more than seven percent on tuesday there ali on wall street has helped restore some investor confidence there as well. and here in moscow the markets will start trading in just under one hour they closed in the red on tuesday the arts yes lost almost three percent of all the my stocks and that just the knowledge in the negative territory . that's where i'm all in the global markets over the last few days is being seen by some analysts as something of a summer storm get us off a list of all that from deutsche bank believes so many times will be back before we
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know it's. what we're seeing is a crisis of confidence. and this is not something that is necessarily predicated on economic developments per se because in terms of the economy itself yes things are not that great in the developed world but certainly we're not at the stage of a full fledged recession it seems to me that a lot of the downward adjustment we've seen in equities especially is speculative nature and if confidence word to be. instilled in the near term i think the bounce back could be significant. while goal of this trading and record high territory some say there is still room for it's a grow scott carter from goldline as for national outlines a number of reasons for that there's a lot of concern about sovereign debt there's concern about the u.s.
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debt and there's concern about the economy and those are strong components of why gold is perform well as far as whether it's in a bubble or not there are very few people actually invested in gold so it's still under penetrated in the marketplace and it hasn't hit all of its all time inflation adjusted high of twenty three hundred dollars so many analysts are saying that there's still a lot of running room for the price of gold even given its price point today. and that's all the business news for this hour for more stories you can always add to our websites artsy dot com slash business but in the meantime states on for the headlines with bill.
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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 reported to the press that on that day they told nine guerrillas and the best addition by instructs young couldn't you know and there are strongly suggest however that the nine were executed by the army and then dressed in military fatigues. explain how 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 bodies 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
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you just joined is a very warm welcome this is all to life here in moscow top stories this hour massive a sturdy cults and the government's budget policy is a blame for losing control of the streets for lots of riots in the u.k. . europe's top by. the continent suffering its worst financial deal since the second world war as fears grow france could be next in line to lose its top credit rating. and activists in russia are taking matters into their own hands when it comes to catching paedophiles who escaped justice. being inadequate and keeping the threat from the playground. well i'll be back with more on this story a little later in the journey of two colombians as they try to find the truth behind the deaths of their relatives in a mysterious military operation. in the struggle against criminals to be used with cowardice.
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