why from moscow i mean use in our way with our top story a world when the violence continues in the u.k. as rioters devastate major cities from birmingham to liverpool the gangs clashed with police torts cars and ransacked shops in a fortnight of unrest over the capital was kept relatively quiet by sixteen thousand police officers or am it is following the story in london. we saw a lot of trouble in birmingham last night which we also had seen on the previous night manchester and selfish also flared up in quite a serious way as did variety of small towns in the surrounding area say this violence has now spread out words from the capital into really improbable small towns all over the country we're hearing reports that three people were killed. when they were run over by a car that was just running amok and that police are looking at investing a lot of merger enquiry the reason that it was under control last night we think is because an additional ten thousand police bringing the number of police to take it

sixteen thousand were working on the streets of london last night they had permission to use rubber bullets if they had to a supply of rubber bullets is available to them we haven't heard any reports of us having to be actually deployed we still fires in other parts of the country police being attacked with rocks and with petrol bombs so really this is this is something that is now nationwide parliament will come back and meet today coming back from that some a break to deal with the situation but i have to say that a lot of people were very disappointed in david cameron statement yesterday they were expecting him to come in here and say this is out of control we have to do something concrete about it and what we're going to do is this this and this in fact he didn't say that parliament is coming back today they're going to they're going to hold a debate which a lot of people said you know we don't need a debate right now what we need is actual action but the government and not proposing to introduce any emergency legist. still with the situation i'm hearing

in tottenham where of course it all began it will spark up as a result of the shooting of a man called mob dugan what the building you can see being demolished behind me was set on fire by usage on the first night if these troubles and these communities in which the violence is taking place are hugely socially deprived there's nothing for young people to do around here to youth worker in clapham yesterday he told me that people are on their summer holiday and would you rather sit in more should tell a vision i would you rather go out and use in shops and she said even she knows which one she choose you know people are out for excitement essentially and and just looking for something to occupy themselves in that hole in that level of occupation is being exploited by other people who are you are coming in and older people older criminals who are coming in and so i sing them to violence at least that's what she told me say really really large social problems at a time when when the u.k. is spending an awful lot of money a broad base in libya and in afghanistan and that's the subject of my report.

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 if the police if the police were hit that would have been thought i think any surprising soudan little bit better i don't think that doing everything they can i mean it's the more i think we need the 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 being required to lose thirty two thousand stars m.e.p. gerald patton says money's being spent on foreign wars that should be spent on home i think the point is come where we have to call in. armed forces. and.

criminality across the whole of what we should do in my view 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 senshi get to 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 we take away the money from the police in the way the money from the youth work didn't 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 increasingly 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 the police keep disappearing from the beat your i am it r t london. you can follow our to twitter for the latest updates on what's happening in britain on our feet r t underscore car right now in the u.k. fight wars but retreat in riots london is out raise up a failure of police to take control of cameron calls hard to find and fix them promises tough justice for more a lot of artwork. twitter feed and also dramatic footage of britain on fire is

available twenty four seventh's i don't see website r.t. dot com and our you tube channel. four people have now been confirmed dead as riding moves across the u.k. prime minister david cameron vowed to end the violence that was sparked after police shot him and that in tottenham north london independent journalist patrick henson who was himself caught up in the may have says the government since stopped playing political games and address the important issues to be honest is one of the

most shocking things i've ever had the displeasure of saying it was in brixton early monday morning about one am i saw 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 all 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. about an hour after the incident no police to be found even if you dialed nine nine nine the police said sorry we can't help you just stay where you are now if the leadership of the. 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 their 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 that are 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. still ahead this hour on r t back at odds reports of new shelling from north korea as the southern neighbor returns fire after a nerve to reshelve from the north pole into waters close to both countries dividing line. and we discover how activists organize their own vigilant campaign against sexual predators as pedophile offenders escape justice in russia.

but first with the economic turmoil in the u.s. in the euro zone sparking volatile market trading investors are increasingly looking for a safe haven for their money and it looks like asia could emerge as the main contender many analysts believe that with the loss of america's aaa credit score and fears of a new wave of recession china could become the world's strongest economy earlier than expected previously the international monetary fund said beijing quote forced washington from its financial prone by twenty sixteen trying of course still holds more u.s. treasury debt than any other foreign country in his voice loud criticism of america's handling of its borrowing limit crisis or as a correspondent has details. 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 that 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 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. earlier we spoke to martin hannett director of financial advisory firm tights group and he believes the

financial power shift might have already happened in many regards china has already overtaken clearly. suppose it number one economy in the united states and that's when you're looking at the physical economy physical production there on the purchasing power adjusted basis because the remember years on the value the need to reflect event looking at economic sizes projection by standard and poor's made in the year two thousand and five there were six years before now where they actually projected that all of the major investment governments were heading for junk status including france the u.s. germany and the u.k. and they started actually saying that the u.s. would lose their aaa rating stages in two thousand and sixteen so actually five years ahead of that original projection now the balance sheets of these countries if anything would have only gotten worse which is why the u.s. has lost a aaa rating when you have economies major economies where the deficits and out of

control and you have this kind of projections on the line that means that these countries are usually going to print have a are the problem so you the main risk and the new form of this fund enterprises will probably be very high to hyperinflation in the west and cons in that means investment rise you need to know that ah the areas particularly gold precious metals is something we have been advising for the past ten years or a mistake on that and then asian emerging market economies look a lot better than the rest own countries. well tell us what you think about the current market turmoil had to r.t. dot com and vote in our latest poll we're asking if the emerging economies can profit from the trouble in the west so far most of you are saying the worlds are ready to mobilize for them to come out here a lot of those who got in touch with us believe emerging economies can and should capitalize on the situation and take the reins all there is are saying they will

only profit if they are smart enough and act fast enough to tell us how you see it all playing out go to our dot com and cast your vote. north korea has reportedly opened fire in the disputed region with south korea in the yellow sea earlier south korea returned fire after an artillery shell fired by its neighbor fell into waters near their maritime dividing line relations between the two countries are at their lowest in years since last november's deadly artillery exchange killed four people on a south korean island both sides blamed each other for opening fire first with pyongyang saying the attack was a response to seoul's provocative military exercises in the area dr roger frank from the university of vienna says despite the tense situation on the peninsula hopes are high both sides will eventually reach a peace deal. it's a little bit surprising in the short term because there were hopeful signs of talks in indonesia between north and south korea. your little bit surprised as to this is

happening now and get out of the mess the situation is complicated and they might have to show some force to do it population eventually we all think that it's going to be a peace agreement because the current situation is obviously not sustainable the question is what's going on under which conditions and to the right now in north korea are struggling to have the succession problem there how could the mess that you call me that is really a dollar also worsened by the recent flooding and next year you have a big event coming up with the need to show some success to the people so hard. how do you think you are going to judge your son. because he does not get official being an all star successor even if you. are still not clear what type of successor he will be really a third grade to be more local head of a collective like what you see in china and all those questions are not only oss but also the worst but also people who are between it's a lot of uncertainty and insecurity. but if you miss any stories we're covering on

air you can always go online to watch the news you want twenty four hours a day here's a taste of what's lined up for you right now at our dot com a polygamist mormon preacher gets life behind bars in the u.s. state of texas it took the jury just forty minutes to find the man guilty of sexual assault against minors. how russia's top people celebrate of farmers festival long transformed into a day of fun for friends and family. some other international news making headlines this hour overnight firefight between nato troops and afghan police have left for officers dead and four others injured just outside kandahar city the local police chief says the victims were members of an anti taliban initiative manned by locals wanting to protect their own villages

the local police chief said the men were reportedly mistaken for insurgents the incident follows last month's move by nato to begin handling over handing over i should say control to local authorities across afghanistan. syrian tanks and armored vehicles have stormed several north western towns near the border with turkey expanding a military offensive to crush protest becomes as president bashar vowed he will not relent in pursuing what he called terrorist groups in the country earlier he met with the turkish foreign minister who pressed him to end. crackdown on anti-government protesters over fifteen hundred people have reportedly been killed since the uprising started in march. the u.s. drone strike has killed twenty one to spectate taliban and al-qaeda militants including foreign members in northwest pakistan the group believed to be behind a number of attacks against american troops in afghanistan islam abad has repeatedly called for the last to stop the strikes saying they're in violation of

the country's sovereignty activists claim up to twenty five hundred pakistani have been killed in the attacks since two thousand and four. libyan state t.v. has broadcast what it said was footage of colonel gadhafi son visiting people wounded in an air attack east of tripoli if genuine it would be the first visual proof that he's still alive after rebels claimed he'd been killed in a nato air strike last week libya's government has also accused the alliance 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 function as a cabinet that follows the 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 that nato is targeting civilians as part of its worst tragedy. the rebel characters and this is really the executive committee was that.

they were only confirm reports so that the rebels would sit in such disarray if they were literally contesting or most each other some people call it was the only others say nato was lost its own class always knew it was going to wage war militarily but they certainly can win by imposing extreme hardship on the libyan people you need all claims we don't care if you civilians we know killing civilians they won't call their core mistake nato is targeting civilians there is a strategy when we ask about was. only a very sorry if they're slow killing civilians out of the word yes. now a sexual abuse case involving a seven year old girl has shaken a small russian town in the country's far east outrage was triggered after a judge has allowed the sauce suspected pedophile to walk away free pushkov reports

on how mothers and activists are taking matters into their own hands as hundreds of child abusers escape justice each year. and mother in grief. i even thought of buying a pistol and shooting him myself i simply don't know how else to protect my family well even 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 an hour and use. my daughter told me he threw a stray cat from the roof and said he did the same to her if she ever confided in me about the things she was doing to her. 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 adventure now that his 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 called 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. 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 some of the 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 should and know what to do but no one wanted to even talk to her but alone accept her statement. russian authorities have not declared a fight against the sexual abuse of minors but results seem to have been meager

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 lisa 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 to be able to wish we were simply a group of people who decided to fight this evil in our own way because our families live in this city our children walk in these parks and we don't want them ever to meet those perverts. 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 person or chatting to is under-age but they also say roughly out of one hundred contacts one is certain to be looking for easy prey currently the maximum sentence for child sex offenses is twenty years in prison an amendment to the board 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 vigilante campaign diary pushed over arching school. why business update is next with alice stay with us. playing for the family at a very warm welcome to business here on our say let's begin with oil it's having a rebound among commodities on wednesday the relief rally comes as the u.s. federal reserve promises to hold interest rates near zero for the next two years

well joining me now to discuss the issue is alexander and those are from gals from by many that for being with us here on r.c.l. the international energy agency or the i think that demand this is. he's going to drop due to the recession do you agree with that. i don't think drew would drop what i think actually it's the growth rates for demand next year and these here will probably be lower than. a list of international agencies and or pick thought just you know a couple months ago so if demand is not going strong why is the price for willing consistently over the past the sessions today notwithstanding obviously. the simple reality is that currently oil prices down doesn't have much in common with the demand and supply the point there is the crude oil is not a commodity not a real material anymore it's the financial as of the same is you know gold equities

or something like that so the main reason for the oil price you know decreases or increases the spikes lies not in the supply demand area so i suppose enough sense is possibly quite difficult then to predict how the price of oil will progress for the rest of twenty eleven i mean how do you see it developing do you agree with the i am well absolutely it's absolutely hard to predict and basically i don't think now well and gas analysts should be asked for the oil price for cost so they would mark rohr how they could probably. know better what we will see in liquidity and currency exchange rates and sounded like these well i hope and i think that we will see the you will rise lower than one hundred this year. but really you know it's just because it's good for us maybe because i can so let's talk about russia specifically and all this because obviously the price of oil and

energy is hugely important to this country what what will this mean for the russian economy with fifty percent of its budget income coming from energy at the moment well in last. so you could clearly see what happened to russian ruble as a result of a drop in oil price you know just on percent down in one g. against to you were dollar basket so basically you do the same will happen to you know to all our economy. at least to a budget. so basically i think it would be pretty hard next year if all pros go beyond one hundred probably it will get a kick to the development off other than you know commodity areas of russia because of the shift away from the pipeline economy that seems to hopefully that fully accounts on that and there's a lot of from many thanks feel for you. well let's take

a look at serve the numbers on the forces at the moment as we've been saying all prices are up slightly today making a change in the current trend lights we've sounded over a dollar fifty brands are trading at around one hundred four dollars a barrel. and turning now to precious metals there again in this hour as well after seeing mixed trading on tuesday gold people setting the record or there's even a performing plan in them and that traditionally trades at a premium to gold and silver it's also gaining it's up almost two percent this hour of. course and it's the equity markets that's still here in russia they're just falling again now as the dow futures index suggest wall street will open it negatively in an hour's time both p.r.c.'s and then i six are these in one and a half percent this hour. and european markets have given up their early gains the footsies down over one percent the dax is down just over one and

a half percent. ok that's the way that business looks at this hour i'll be back in less than sixty minutes time with an update to stay with us they were nice is back shortly but the headlines. wealthy british style. is not on the front.

market why not. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines soon in two cars a report. it's

five thirty pm in moscow these are the top stories on our t.v. violence hits more cities across the u.k. while in london thousands of police managed to risk. column after three days of disorder the government's social policies are blamed for britain's worst rioting in years. america's financial woes quit see its crown as the world's top cop economy pass to china in less than four years investors are expected to turn more often to asian markets to escape the economic turmoil in the us and europe. as russian officials turn a blind eye to complaints about pedophiles of salts members of the public launched their own vigilant crackdown on sexual predators. now argue follows the journey of two colombians as they try to find the truth behind the deaths of their relatives in a mysterious military operation.