has broken out in cities across the u.k. for a fortnight in a row more than half a dozen violent hotspots of flared up over the past few days buildings were set ablaze and shops looted hundreds of people have been arrested and one man has been confirmed dead the violence comes amid massive austerity cuts and high levels of unemployment many are now blaming the government for the riots reports from london . london mayor boris johnson o'brien's you know riots devastated to a mixed reception delivering the government's message to rioters that they'll feel the full force of the law you need to know you're going to see the future of the lives of those i move 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 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 they need to be more compensate 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 stars m.e.p. general patton says money's being spent on foreign wars that should be spent at home but i think that the point has come where we have to call in the armed forces what we're seeing now is. criminality across the whole of long what we should do is 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 century ghettos 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 for out of eight centers have closed since last. here . in your community when you take away the money from the police. the money for the you. never have imagined such consequences. consequences tuesday night saw sixteen thousand police officers on the streets of london according to the metropolitan police force is being stretched more than ever before and we see the truth about taking matters into their own hands bringing with it under control it's just the beginning. it's not just cleaning up it's about

communities coming to terms with the current numbers if violence is widespread enough. to retain control the feeling of insecurity in these communities is likely to remain for some time particularly keep disappearing from the. well corresponds to keep your clothes on the events as they unfold there in london and beyond bringing you the latest updates on twitter you can follow them an underscore. that the british capital was shut down last night over fears of more people sent home early from. pubs and shops. nothing like it's usual. with police and the emergency services stretched to their limits many londoners have been left to fend for themselves freelance journalist patrick henningsen who

got caught up in the says the government should have learnt from what's been going on elsewhere in the world. 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 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 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 had been paying attention to what's going on around the world in the middle east in north africa and britain in the police force in britain think oh we're different you know 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. and there we have full coverage on a lot of what's it been like on the streets of london during those riots you can head to a website. to watch footage of this story 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 has warned its financial system is now in its worst state since world war two it comes amid the latest speculation that the french economy is on the brink of a downgrade is daniel bushell explains why. of the united states the french the next on the credits a hit list to surrender their top rating friends. according to the people at least probably going to lose its replace status. known for its life thirty five working week economists say the real reason why folks like you neighbors is in trouble they just don't work hard enough. is coming from heaven europeans are somewhat. titled to who built without actually doing something for them so the dream is becoming annoyed the citizens demand

better services working less exposed just three states should stay in the euro germany the netherlands and belgium against share the same currency without having economic costs those nations now lead a growing resistance against fellow members opposition 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 it's a leave 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 growing relatively slow it's early and spain have announced spending cuts but it's feared nowhere near enough to balance the books the e.u. citizens are being tricked into picking up the tab say analysts italy and spain as debt is being bought by the european central bank because all people called scrawls

their fancy methods get the e.c. piece funded by europe's taxpayers they don't want to pay for these lousy creek spanish people but when they use the e.c.b. . nobody understands it's going to cambridge finance minister francois darwin's but it's. fun to watch as fears grow that france is mixed in law in the looks of wise move but the last remaining careful states may have already had enough the new bush will see brussels. market shake on both sides of the atlantic experts turn their sights to asia betting on who is to become the world's next economic superpower we bring 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 investors u.s.

stocks responded negatively to the statement later recovered their losses were in a portnoy has the details now from new york. 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 a lot of experts believe that it is out 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 economy grew at a much slower pace than the fed actually anticipated fourteen million americans out of work and six point six additional americans so discouraged from finding

a job 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 going to social programs food stamps were caught 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 and confidence clearly is declining. and huffington post columnist eric margolis says enormous u.s. war spending is at the root of the crisis. if the united states were being under invaded growth. ours will no crimes be too much to pay for france but we're not going to dispense right now we're told that's in the sense

that america's military operations all around the world not too many americans understand is that the costs of these wars were never equal taxes are going to be put on the u.s. national credit card that's one of the reasons why the us debt fourteen trillion dollars and it's true and if americans had to pay through the cost in the form wars and the large military establishment out of their taxes i think there would be a big change public opinion. china could topple the list of the world's strongest economies pushing the u.s. off its centri old seat earlier than expected that's according to the international monetary fund which has the power shift in the financial arena could take place as soon as twenty sixteen. is in asia with more. 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. 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 to some sort of basket currency that could include

a lot of the asian powerhouses like japan and china. and of course rules like to hear your opinion and you can log onto our website is r t dot com to participate in our latest poll and they you can see that we're asking if he's an economist will be able to use current financial turbulence to their advantage and render the most popular response is yes the east will become a strong as the last closely followed by the east will rule the world will go online to r.t. dot com and have your say it's good to hear from. libyan state t.v. is broadcast what it says was footage of colonel gadhafi some economists visiting 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 air strike last week libya's government has also accused the an answer 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 has sacked the

entire executive committee which functions as a cabinet. assassination of the commander of the opposition forces last month author and blogger steven lemmon says it's obvious there's no agreement between the rebels and nato he's using civilian deaths as part of its war strategy. the rebel camp is in disarray need he's a keeper of committee he was there. they were unconfirmed reports that the rebel was in such disarray that they were literally contesting imo each other some people call it the stay only others we need always last is the last of all we need is going to win this one little terror but they certainly can win it by forcing three hardships on the libyan people he needle claves we're going to start getting used to billions we're known killing civilians they made it one quarter call mistake nato is targeting civilians there this is part of

a strategy why me ask of those. only university if they're slow killing civilians out of the word yes. stephen and then look at some other global news and world updates an american drone attack in pakistan near the afghan border has killed twenty people pakistani officials say most of the dead were afghan militants belonging to an insurgent group is not about has repeatedly called for the u.s. to stop the strike saying they're a violation of the country's sovereignty the drone attacks have reportedly killed hundreds of people in pakistan over the past few years. the syrian president bashar assad has vowed he will not ease the response to mass protests across the country just 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 rup police used tear gas and water cannons to disperse 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. activists burned cars looted shops and threw objects of police and recently the rest of the largest since democracy was restored to chile and nine hundred ninety after nearly two decades military dictatorship. brazilian authorities have arrested thirty eight officials from the tourism ministry on corruption charges including a deputy minister police arrested conspired to use public funds for private gain almost two hundred officers were involved in the operation to detain the suspects in a similar crackdowns on the ministries of agriculture and transport or a number of high ranking officials also had to leave their posts. russia's high

court will reopen the case of a suspected paedophile today who walked away free after his first trial as hundreds of child abuse suspects escape justice in russia each year the authorities have been called to take a tougher stance. over reports on how fed up mothers and activists are taking matters into their own hands. and mother in grief loneliness. i even thought of buying a pistol and shooting him myself but i simply don't know how else to protect my family we 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 another 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 an hour news or so so us that that my daughter told me he threw a stray cat on the roof and said he'd do the same to her if she ever confided in me

about the things she was doing to her there really is no cockle so. when they are 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 a recent controversial case a man suspected of raping a seven year old girl was released without charge. yes i thought her underwear and she started crying i squeezed her neck and pressed her 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 lynched the men did police launch a fully fledged investigation into the case and record that confession authorities also disciplined the original enlistee meeting officer will summarize this for us look at the wars that happened here is the mother was treated like a football she was kicked around from office to office with a tragedy had happened to her shit in know what to do but no one wanted to even

talk to her let alone accept her statement and was really russian authorities have a nominee closed a fight against the sexual abuse of minors but results seem to have been made with estimates claiming thousands still fall victim in attempt to put things right activists have started taking matters into their own hands. i'm underage but that's fine i like small boys and would love to kiss you and hug you and do many other things to you is video has been put together by a group of volunteers as they track people they believe are paedophiles legal 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 bill 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 a city our children walk in these parks and we don't want them ever to meet those

perverts not a good cause not all the stuff 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 chatting to is under age but they also say the out of one hundred contacts one is said to be looking for easy prey can be the maximum sentence for child sex offenses is twenty years in prison an amendment to the law is meant to introduce a 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 on taking pain diary pushed over arching moscow. for more news updates and videos you can log onto our website at r.t. dot com here is what's awaiting you all the while at the moment a global hacking team has threatened to bring down facebook in a step to protect people's privacy. and it was on the web site on this day years

ago the first ever marriage in space was conducted by russian and american astronaut party. coming up to twenty three minutes past the arena is next with business news and. one of the russian markets is open on tuesday they both closed in the ritz so what are we seeing today well the artsy ass trader right now and it's in positive territory markets started bouncing back yesterday but interesting enough the russian markets ended that session in the red now but that was only because they closed before the positive news came in from wall street and now let me tell you about that the u.s.

federal reserve has said that it will keep interest rates out of record low levels at least until may twenty third scene and this statement provided some assurance to investors whose confidence was shattered after days of heavy losses the dow gained almost four percent while the nasdaq closed off a five percent in the black on cheese day but look some that cannot be forgotten renaissance capital believes the markets will remain but let's offer some time. the following monetary stimulus will be provided in case so for for all the don't work momentum in the economy and there should be a market participants like this for the rest of the week that will be usual until it's a again. just after this slump a lot of people will be choosing bare bones it seems to me that not all the redemptions sit on in the market though maybe the investors will be pouring all fall money from the table especially from their response the. high be the countries

like russia. let's take a look at the markets now asian stocks are making a comeback recovering some of the have to loss as we saw in the last few days some of its related firms exploiters and banks are some of the best performers right now both h.s.b.c. and bank of china rose around four percent in hong kong and that was after each had more than seven for signs on shoes day the rally on wall street has helped restore some investor confidence that as well. and here in moscow the arts yes has opened as i mentioned earlier and it's now all along point seven percent that the my stocks pushing the previous session just a notch down will start trading shortly. but all prices bounce back from earlier losses for one positive sides and so on the markets light sweet is adding almost three dollars and brant is gaining over two dollars this hour. and

precious metals are game in this hour after seeing mixed trading on tuesday right now gold is adding just a little bit while silver as all point to six percent so. while gold this trading a record high territory some say there is still room for it's a grow scott carter from goldline international outlines a number of reasons for that. there's a lot of concern about sovereign debt there's concern about the u.s. 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. that sort of all in the global markets over the last few days is being seen by some analysts the something of a summer storm you had

a softness of all that from deutsche bank russia believes seven times while the back before we know it's what we're seeing is a crisis of confidence. and this is not something that is necessarily predicated 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. confidence word to be. instilled in the near term i think the bounce back could be significant. and that's all the business is for now for more stores and always check out our website it's our dot com slash business in the meantime states and for the headlines with tell us.

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if you're just joining us a very warm welcome this is. massive. control of the streets. in the u.k. . and europe as the continent suffering its worst financial deal since the second world war as fears grow from. taking matters into their own comes to catching paedophiles who escaped justice. keeping the threat from the. summary all the news when about fifty miles from the more civilians die in nato airstrikes in libya serious questions being asked over the legality of the intervention and i spoke to the former editor of the british newspaper the sun who says that libya was.