international news and comment live from moscow this is r.t. with you twenty four hours a day just turned eleven in the morning here good to have you with us sporadic violence has broken out in cities across the u.k. for a fourth night in a row more than half a dozen volunteer spots of flare up over the past few days buildings were set ablaze and shops looted hundreds of people being arrested one man's been confirmed dead comes amid massive a sturdy cuts and high levels of unemployment many are blaming the government for the riots as more emmett reports from. london mayor boris johnson o'brien 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're going to see the future of. 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 surprise i think 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 confident 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 i think that the point is come where we have to call in the armed forces what we're seeing now. and chaotic criminality across the whole of london what we should

do 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 sense she 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 investing in our communities when when you take away the money from the police in the way the money for youth work. i mean i could never imagine such consequences to be only you know if you look at 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 recently

londoners are talking about taking matters into their own hands bringing with it to ation under control is just the beginning of folding this problem and 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. lower am it r t london. our correspondents are keeping a close eye on the events in london and beyond bringing you the latest updates on twitter and you can follow them on the score in her latest tweet laura says that the british capital was shut down early last night of people sent home early from work shops looking up london looked. nothing like its usual bustling self

love want to r.t. underscore com for more on that. the social gap between downing street in 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 them i think you could look at this on 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 a type of material property what does this guy know about you coach and 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 the right to do and rightly 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 how they keep using the streets of london is a product of. really nation i mean these are some of the most deprived areas you know that i've seen in any major industrialized cities and the general sense on 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 trini hard really really hard and it's made inequalities working for 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 could a further disenfranchised and already disenfranchised generation of kids that just they don't have that we see in the future for themselves. we have full coverage

online of the situation on the streets of london during those remarks you can head to our website r.t. dot com 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 e.u. 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 artie's daniel bushell explains why. of the united states the french next on the credits a hit list to surrender the top rating france. according to a lot of people at least probably going to lose its replace status never. ever known for its lloyd 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. titles to the world without actually doing something for. the dream is becoming annoyed the citizens demand better services working less exposed just restates 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 position to the bailout centers on three issues people don't want to pay for other's mistakes they haven't been consulted and the money doesn't even seem to be helping it silly 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 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 called grass their fancy methods get the e.c. piece funded by europe's taxpayers they don't want to pay for these lousy greek spanish people but when they use the east. nobody understands it's going to cambridge finance minister of france will. be. as fears grow. but looks wise move. the last remaining states we have already how do you know if the. markets show you both sides of the atlantic exports to asia. who is to become the world's next economic superpower some of the

pictures in just a few moments from now. the u.s. federal reserve has admitted the american economy is not as strong as it thought and also announced plans to keep interest rates at record lows for the next two years to help calm invest in the u.s. stocks responded negatively to the statement but later recovered. has the details from new york. and 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 i 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. one million expected to lose homes this here you understand this is a significant crisis a lot of cuts that are now being made by the federal government are cuts going to social programs were cut by twelve no again 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. post columnist eric margolis says enormous u.s. war spending is at the root of the crisis. ours will not be too much to pay for france but we're not paying the dissidents right now we're told that it's in the sense that america's military operations all around we're also not truly americans understand is that the costs of the 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 u.s. debt is trillion dollars and is growing if americans had to pay through the course of these foreign wars serious sounds out of their taxes i think that would be a big change public opinion. in the u.s.

off its centri old seat earlier than expected that's according to the international monetary fund which says 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 last 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 issue some sort of basket currency that could include a lot of the asian powerhouses like japan and china. and of course we always like to hear your opinion logon to our website is all to you don't come to participate in our latest poll there on screen you can see that we're also you eastern because it means we'll be able to use the horn on a trip to the phone from the president there's now a toy between those believing the east will become storms west and the east room rule the world go blind to all of the don't call to contribute to the. libyan state t.v. is broadcast what it said was footage of colonel gadhafi son become is visiting

people wounded in the air attack east of tripoli if genuine it would be the first visual proof that he is still alive of the rebels claim to have been killed in the nato air strike last week libya's government has also accused the allowance of killing at least eighty four of so. millions in the west of the country nato says the targets were military meanwhile the head of libya's rebel movement to sack to the entire executive committee which functions as a cabinet it follows the assassination of the commander of the opposition forces last month or through morgan steve in them and says it's obvious there's no agreement between the rebels and nato is using civilian deaths as part of its war strategy. the rebel camp is in disarray need the executive committee was that. they were unconfirmed reports that the rebels were inside there were eight if they were literally contesting imo each other some people call it was the only way others say nato is lost is the last of all we need is going to win this war no

terror but they certainly can win it by force they use to remain hardships on the libyan people he claims we're not targeting civilians we're going killing civilians they emitted one. mistake nato is targeting civilians there is out of a strategy for me us but also. was only university if there's like killing civilians i don't know what is steve in them and then now a brief look at some other global news this hour in our world update south korea is reportedly open far after hearing suspected artillery shelling of its western sea border with north korea has yet to confirm whether it was involved in any action relations between the two countries have been unstable since an artillery exchange in the last year south korea began firing into waters near the north korean shore while the north responded by shelling one of the south's. 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 prime minister in damascus to be pressed into 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. the 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 islamic jihad has repeatedly called for the u.s. to stop the strikes saying they are a violation of the country's sovereignty of drone attacks have reportedly killed hundreds of people in pakistan over the next over the past few years. almost forty people have been injured and nearly three hundred arrested as riot police clash with students in the chilean 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 lost activists burned cars looted shops and threw objects at police who responded with tear gas and water cannon and recent wave of unrest as the largest since democracy restored to chile and nine hundred ninety after nearly two decades of military dictatorship. 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 are being called to take a tougher stance over reports now on help fed up mothers and activists are taking matters into their own hands. and mother in grief. was. even thought of buying a pistol and shooting him myself i simply don't know how else to protect my family even the first floor with curtains constantly drawn i go to work every day 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 an hour news or so seconds that of 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. when they are finally managed to get things to the court majority 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. us for 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 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 for us look at the wars that happened here is the mother was treated like a football she was kicked around from our first office with the 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 it was. russian authorities have a nominee 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 activists have started taking matters into their own hands i'm underage that's fine i like small boys 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 online

pretending to be. an underage boy or girl they set up meetings with people who didn't need to preferring minors the idea is to film their faces and expose them on the web it was to be able to what if they were simply a group of people who decided to fight this evil in their own way because our families live in the city our children work in these parks and we don't want them ever to meet those perverts because not all are stuck which 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 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 our chain of school. well for more news updates and videos you can log onto our website is r.t. dot com is what awaits you online at the moment should you log on to a global hacking team as threaten to bring down the facebook in a step to protect people's privacy. on this day eight years ago the first ever marriage in space was conducted by russian and american plenty more there for you all to dot com. well coming up next here in r.t. cross talk and today people of elena's guest talk about the catastrophic consequences for the entire world that could follow the failure to raise the u.s. debt ceiling that will be in less than ten minutes from now in the meantime.

marina's here with the latest business news. hello and welcome to business here on r.t. ones there seems to be a turning point for the russian markets they stepped in supposed to territory after suffering significant also as in previous sessions the sell off was prompted by the talks a combination over u.s. credit downgrade and the eurozone debt crisis well that's not course lives are two separate who's at the headquarters of the r.t.s. stock exchange now can you explain why the russian markets are changing their actions today. well everyone really hate being that this is the way they are the last couple of day trading we think the russian market posted. by trading in the black. now we've seen this following the announcement for a. meeting yesterday that they would be keeping interest rates till about it but

that seemed to say that the market was watching the outcome of that meeting place the would be an understatement everyone very much anticipating what was going to be announced now the market we're expecting and indeed both are behaving. well good evening to be and now that's not what happened at the fed with the thing that they were going to be right now how that played out on wall street with this really we still the markets looking like they were going to keep tumbling but they managed to pull it back in place yesterday about hoping that they pull the. big day in russia . private of the peace in the russian bank and the minute by willing to pump liquidity into the markets it was necessary not following the russian. they'd already started intervening although they didn't specify exact amount that all of this is going to. i'm talking with story again but. i think that

everyone very much taking that we going to give it a fighting point the weekend that. thank you very much sir now let's take a look at the markets end the latest figures the arts yes at the moment is being over two percent while my sex is up over one and a half percent let's take a look at some individual share moves on the my sex energy mages are among the main gainer supported by stronger crude gas from was up over two percent twelve rolls left this day and then over a percent and banking stocks are also on the rise burbank to up almost zero and a half percent it's. over in asia stocks are making a comeback recovering some of the hefty losses we saw in the last three days commodities related firms exporters and banks are some of the bus before others both h.s.b.c. and bank of china rose around four percent of the hong kong and that was after each

had more than seven percent on tuesday there ali on wall street has helped restore some investor called to those there as well. and oil prices have also bounced back from earlier losses following the pulse the sentiment on the markets both light sweet and brands are adding almost the lead dollars this hour. some precious metals are gaining after seeing mixed trading on issues they have right now and gold is adding over a half a percent small silver is up almost one percent. and that's all the business news for now for more stories you can always check out our websites artsy dot com slash business in the meantime states and for the headlines with bill.

the looming subsists to see.

if. the. wealthy british style sun. is not on its crisis. in their. markets financed scandals find out what's really happening to the global economy for a no holds barred look at the global financial headlines just to name two kinds of reports on our. he.

says.

if you just joined us a very warm welcome all to you live here in moscow top stories of a massive austerity cuts in the government's budget policies of blame for losing control of the streets up to four nights of riots in the u.k. . europe's top bankers says 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 economists say europeans need to work more to get themselves out of trouble. and activists in russia are taking matters into their own hands when it comes to catching paedophiles who escape justice and crimes are also slammed for being inadequate and keeping them from the playground. to bring up that back with more news when about half an hour from now in the meantime cross-talk is next on r.t. . for the.