tv [untitled] August 10, 2011 12:00pm-12:30pm EDT
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the move joint people to the violence the case will go to the grand imperial trilogy the george weston to school until you can away with mattel closely to see don't need to go and. read this in the kennel was hotel to retreat. british police are given a green light to use tough tactics against rioters out the violence spread throughout the u.k. people blame social policies for the country's worst public disorder in years we've a report coming up this hour also china could topple the us from its pedestal as the world's top a colony in less than four years but investors expected to set their eyes on asia as a safe haven for the economic storm in america and europe right now. and outrage over the threat the paedophiles po'd pose to children falls on deaf ears in russia's far east it's prompted vigilante crackdowns on sexual predators.
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welcome this is r.t. it's now just after eight pm wednesday evening here in moscow kevin owen and first the u.k. police force as we give the green light leaves water cannon and plastic bullets against rioters a number of cities across the country suffered from a fourth night of violence when gangs clashed with police torched cars and ransacked shops over the capital was relatively quiet was sixteen thousand police officers but is laura much following the story for us in london. we saw a lot of trouble in birmingham last night which we also had seen on the previous night manchester and still fit with a flattop in quite a serious way as to its variety of sort of small towns in the surrounding areas so this violence has now spread out with from the capital into really improbable small
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towns all over the country and we're hearing reports that three people were killed in birmingham when they were running for by a car that was just running amok in that police are looking at investor looting murder inquiry and the reason that it was under control last night we think is because an additional ten thousand police bringing the number of police to a change of sixteen thousand working on the streets of london last night we saw fires in other parts of the country using police being attached with rocks and with cashel poems so really this is this is something that is now nationwide and i'm here in tottenham where of course it all began it all starts up as a result of the shooting of a man called mark duggan and these communities in which the violence is taking place are hugely safely deprived there's nothing for young people to g. around here i speak to youth worker in clapham yesterday he told me that people are on their summer holiday people are out for excitement essentially and and they're just looking for something to occupy themselves to say really really large station
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appropriate at a time when when the u.k. is spending an awful lot of money abroad space in libya and in afghanistan and that's the stuff that if 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 meanwhile london and other cities taken over by folks the police have not been anywhere where the police if the police were hit the bins are i think any surprises out a little bit i don't think i think everything they can i mean it's more quite i think they need a 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 with 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.
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gerrard battens says money's being spent on foreign wars that should be spent at home i think the point has come where we have to call in forces what we're seeing now is chaos and chaotic criminality across the whole of what we should do in my view 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 said surely 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 you take away the money from the police in any type the way the money from the youth work then i mean i could never imagine such consequences to be honest this is up you know but if you go to
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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 it's just the beginning of golding problem it's not just about cleaning up it's about communities coming to terms with the fact that even at the current numbers if violence is widespread enough the police seem unable to retain control the paling of insecurity in these communities is likely to remain for some time particularly if police keep disappearing from the beat your at r.t. in london. or follow r.t. on twitter for the latest updates what's happening in britain also we've got news analysis of the u.k. cross is available twenty four seven our website of course out to you don't call him tonight you can follow the timeline of the riots ever since the very first day
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dramatic footage we've collated there of britain literally on fire on our you choose chapter. he watching our team from moscow still to come this hour back with all its reports of new shelling from north korea as its southern neighbor returns fire after artillery shells from the north falls in the waters close to both countries dividing line to bring it today with the latest also in the program we discover how actively it's organized the road vigilante campaign against sexual predators as
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people follow fed does this case just syria russia. next though american markets have lost much of their choose their gains in early trading a bit of uncertainty over growth prospects with financial turmoil in both the u.s. and the eurozone and 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 the loss of america's aaa credit score and fears of a new wave of recession could mean that china could become the world's strongest economy earlier than expected previously the international monetary fund said beijing could force washington from its financial throat by twenty six feet trying to still holds more u.s. treasury debts than any of the foreign country and his voice allowed criticism of america's handling of its borrowing limit crisis to our asia correspondent chris srijit spoke with the tales of the latest international monetary fund projections 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
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a century that the united states economy will not be the biggest economy in the world and actually we were thinking 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 they're dealing with this financial crisis india china and japan have actually. been growing since two thousand and eight well 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 there 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 is to some sort of basket currency that could include
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a lot of the asian powerhouses like japan and china. but new delhi for us in earlier we spoke to martin henry kaye he's associate director of financial advisory firm touch screen he told us he believes the financial power shift of already. in many regards china has already overtaken clearly. the suppose of number one economy in the united states and that's when you're looking at the physical economy physical production but on the purchasing power of just that basis because they're women years undervalued and we need to reflect that and 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 all the major western governments were heading for junk status including france the u.s. germany and the u.k. and they started actually saying that they do as you would lose the aaa rating stages in two thousand and sixteen so now we're actually five years ahead of that original projection now the balance sheets of these countries if anything would
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have only gotten worse which is why. the u.s. has lost the 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 every out of the problem so you main risk and the new form of this financial crisis will probably be very high to hyperinflation in the western currencies and that means investment rise you need to look at other areas particularly gold precious metals is something we have been advising for the past ten years we still are optimistic on that and then asia in emerging market economies look a lot better than the western countries. well tell us what you think about the current market tono head to our t dot com there you can vote in our latest poll today we're asking if the emerging economies you think can profit from the trouble in the west this is what you've been telling yourself replied to that question so it pans out most you saying the world's already to globalize for the become the
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winner here forty one percent but a lot of those of you who got in touch as well believe emerging economies callen should capitalize on the situation and take the reins right now are those of us you can see there as well saying baloney profit if they are smart enough and act fast enough so you think about this story today it starts where you can cast your vote. north and south korea exchanged fire in the disputed region in the yellow sea after the south replied with heavy weaponry as an artillery shell from its neighbor fell into waters near the maritime dividing line relations between the two states have been strained since last november's deadly exchange killed four on the south korean island there let's get more from antiwar campaign eric several kids running from oregon thanks very much for being with us mr saket on r.t. international no why is this exchange of fire happening now when only last month where the both states for making efforts for dialogue and indeed discussing ways to
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resume the sort of the stalled six party talks over nuclear disarmament on the peninsula it seems kind of schizo phrenic well we've seen this history over the past decade or for the past twenty or thirty years where he seems to get a little bit closer and something happens to make people pull back i think you're dealing with a point in which the united states is planning major military operations with south korea next month and generally these things that happen just around those exercises were just after our there is discussion in the united states about cutting the military budget for example and all the sudden we have a flare up. people to say we can't do that we need to reinforce these matters and currently i think also you island in south korea a military a huge naval institution is being developed over the coral reefs there and the community has risen up and there's been hundreds of arrests and i think the south
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korean government potentially at this time is looking to. refocus the international attention from what's going on there i mean cutting to the chase who is kind of the blame here full riling the other is the is. both sides is responsible as one another we have the war games we have the north protests. in the borders i mean we've seen this go on basically since the korean war some sixty years ago what can be done at this stage to mend the strained relations i think the only thing that can come of this is to create a peace regime in the area to get a peace treaty we currently have just an armistice agreement and actually south korea never signed we are in a sister agreement that agreed to the shooting. stopped the shooting in the korean war so we have no relations we have these things that pop up all the time and it's
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really incumbent upon the international community people and countries around the world to pressure their governments to take leadership on this issue to come forward and get involved and demand the parties sit down at the table get the peace treaty and the korean war and move forward because here you have one side shot a few rounds off on their side of the border the other side shot a few rounds on their side and everyone blows it up as being the edge of war but you do have one of the highly militarized regions in the highest militarized regions in the world and we need to reduce that tension get to the barn. table sign the petition that get involved. what about the u.s. role in a very friendly with south korea maybe doing more to try and patch relations up between the north and south absolutely particularly in this time and this period we have over twenty eight thousand troops still in south korea and the u.s.
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is involved with speaking out to getting those getting the south koreans to build up their military make purchases and such and so the u.s. has not taken a leadership role in peace and so the united states unfortunately maintains this. presence there perhaps as your earlier story alluded to with an eye on china in the future maintain some instability there there's not been an incentive for peace now right we're spending billions of dollars in that region the united states we couldn't really look at the relationship and understand that a peace treaty ending the korean war would make all the difference harry reid briefly if you can looking towards the future of the last year we could be a succession of change. he's suddenly he's being groomed will that make any difference well. it's what's going to make a difference is we're heading into two thousand and twelve we're going to get
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a new administration in south korea we're going to get the hundred anniversary of the death of. kim il sung in north korea that is seen as a time for peace and prosperity there so we have the best perfect storm coming out for peace in this coming year if the parties get on board and begin to make peace a priority confirms that the program for a national campaign to end the korean war has. of course as ever if you missed any story here on the t.v. on air even catch up with online for the most part twenty four seven asked stories are updated there for you and there's a lot more as well we don't have time to show you here so well check out our colleague not take a look at it even today. one of the top stories in a polygamist mormon preacher today is god life behind bars in the u.s. state of texas and the jury just forty minutes to find a man guilty of sexual assault against minors but one story is getting
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a lot of clicks of you today showing a lot of interest in it also this one. thanks to the ancient traditions of merrymaking learn how russia's target of people celebrated foreigners presta the long transformed into a day of fun for friends and family don't forget our web sites not just news the lot of arts and culture as well about russia a lot of. small international news stories in brief this. and syrian tanks and armored vehicles of storm several north western towns near the border with turkey expanding a military offensive to crush protests it comes as president bashar assad value will not relent in pursuing what he calls terrorist groups in the country met with the turkish foreign minister who pressed him to end the 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 militants including foreign members in northwestern pakistan the groups believed to be behind
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a number of attacks against american troops in afghanistan islam about repeatedly called for the u.s. to stop the strikes saying that a violation of the country's sovereignty activists claim up to two thousand five hundred pakistanis have been killed in the attacks since two thousand and four. almost three hundred people have been detained in chile of the tens of thousands of students marched in the capital demanding changes to the education system mass protesters burned cars and threw rocks and furniture at security forces who fired tear gas and water cannons in response students have been demonstrating for weeks say the current system is underfunded and. president sebastian pinera as promised extra financing for protesters say that's not enough. but when i firefights between nato troops and afghan police is there four officers dead and four others injured just outside kandahar city the local police chief says the victims were members of an anti taliban initiative and by locals wanting to protect their own villages he
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said the men were reportedly mistaken for insurgents instead follows last words moved by nato to begin handing over control to local authorities across afghanistan . here a sexual abuse case involving a seven year old girl the shaken a small russian town in the country's far east outrage was triggered after a judge is allowed the suspected paedophile to walk away free out his diapers cova reports on how mothers and activists are taking matters into their own hands as hundreds of child abuse is a state justice every year. and mother in grief. i only was that if i even thought of buying a pistol and shooting him myself i simply don't know how else to protect my family on the first floor with curtains constantly drawn go to work every day sick with fear my daughter which i knew what she was that it was hard for anybody to admit she trusted someone who harmed her she brought the man into the house is a common law husband to live side by side with him for more than i'm used up on the
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so-called silence that doesn't or the other told me he threw a stray cat on the roof and said he'd do the same to her and she'd have a confided in me about the things he was doing to her that he is now so. why not they are finally managed to get things to the court jury acquitting the man who she says is now after her family hungry for it and she values experience is just one example of the many in a recent controversial case a man suspected of reaping a seven year old girl was released without charge. yes i called off her underwear and i 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. only after an enraged crowd only the men police launched a fully fledged investigation into the case and i would have compassion authorities also disciplined the regional investigating officer will summarize this for those
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were the words that happened here is the mother was treated with what she was scripted around from our first office a tragedy had happened to her she didn't know what to do with no one wanted to but dr wortle won't accept her statement. russian authorities have not declared a fight against the sexual abuse of minors with results seem to have a media with estimates claiming thousands still fall victim in an attempt to put things right activists have started taking matters into their own hands. i am under age that's fine i like small boys and would love to kiss you and hug you and the many other things to disappear has been put together by a group on it is as they track people they believe are paedophiles of illegal online pretending to be an underage boy or girl and they set up meetings with people like me to preferring minors the idea is to film their faces and expose them on the web and it was to google that what if we are simply
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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 lusha good because locals know which when they try to act within the law but often operate it age volunteers dragging paedophiles online say most people will sign off when they learn the person they're chatting to is under-age but they also say roughly out of one hundred contacts one is said to be looking for easy prey. be the maximum sentence for child sex advances 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 i'm still the changes are implemented improvements can affect if activists say they'll continue with their little one to campaign very push give up our children. now you've got your eye wednesday of a sports update coming up about twenty minutes time discover tonight how russia's
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footballers are faring in their final moment before sometimes euro twenty twelve qualifiers here in the say with that short event but let's check on a visit with alex first. so much like kevin and indeed welcome to the business news here let's head straight to the markets here and rough so will they turn sharply negative in the closing session after a short lived rally this morning with the sell off started again and exhilarated in the last hour of trade here when the dow jones index over in the u.s. to open down some four hundred points all mouth imagine trying hard from the says the russian markets still have a way to go before they fall. but i believe that russia will probably continue to on the pure form so i think will come soon get through when you're serving in russia we don't hear much of both most of redundancy of the monk wound only rational evie fons we're talking about only occasional very shallow oh slow says
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this speech the money which has been leaving the country. is france broke traders i mean people really if things get worse then we'll probably see a lot of do leveraging margin calls on productions on the euro market the rule the difference of this crisis compared to what we called into falls in the there is no not much places where you can run there is gold because your currency is book students it's a room. on the back of a stronger view predictions that sort of look at the numbers themselves as we've been saying another day of heavy losses that actually markets here in russia but i don't feel it's us on the line sex change is a move forward on the whole because that would have reached an eleven month low i'm crossing the pond a vis the us and that negative trend continues the dow jones well it's paid something like you know you know it's got maybe one of the gains that it made on cheese day it's coming down over three percent and the nasdaq without sound nearly
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as much. looking at say europe now and again it's as it read markets have given up their rally against as well the footsies down three percent and the dax is leading the fight is that. crossing a bit to commodities now we're looking basically at all well as we've been saying the price of crude is up slightly light sweet is adding a for dollar this hour while brant is trading at around one hundred four dollars a barrel. and it's a telling ourselves in cheap precious metals they're gaining this hour after seeing mixed trading on tuesday and gold in particular well it just keeps on saying you. pools of even outperforming platinum which traditionally trades at a premium against gold and silver screen that's also gaining its ok for three and a half percent this hour. well despite trading at a record many analysts say gold has potential to climb significantly higher so it
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cost from gold line international explains the reasoning there's a lot of concern about sovereign is concerned about the u.s. and there's concern about the economy and those are strong components of why dollars 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 i have 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. how the russian ruble has seen a dramatic decline against the euro and u.s. dollar in recent days prime minister putin is close to pub eggs for money into the economy if needed however the central bank confirmed it would not seek to widen the ruble exchange rate corridor or the other service of the legs of the ruble vulnerabilities linked to its dependence on oil. the scale of the decline and the ruble is intimately linked to the will prices and the main
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reason why the scale of the klein is so significant is the fear that russia is still inherently very much dependent on oil prices this dependency hasn't gone away it's still very high and that means. prices were to decline substantially below one hundred dollars per barrel. russia would be under significant strain in terms of its mark were economy so i think it's some of these concerns or really will lead to russia's the lingering dependency on world prices that are fueling that are driving this line and. then corporate news now there's been another twist in the ongoing legal battles between oil major b.p. and its partners in t.n. k p p the russian shareholders. suffered damages worth some three billion dollars
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it was prevented from forming an alliance with those nifty to explore the arctic lawsuits will be held in russia. this comes just days after b.p. hit back at its russian partners same day to have breached the shareholder agreement independently operating energy assets in russia and ukraine will earlier this year and exploration do between the near future objections from the russian side of teen k d p. it's a complicated story indeed ok that's it for me for now i'll be back in essence if the minutes with more so today the headlines coming your way to soon with kaput.
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