tv [untitled] August 10, 2011 12:01pm-12:31pm EDT
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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 kept relatively quiet by sixteen thousand police officers but is lauren most 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 self it all say flared up in quite a serious way as did variety of sort of small towns in the surrounding areas so 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 in birmingham when they were run over by a car that was just running a mall can that police are looking at investor launching murder inquiry 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 we saw fires in other parts of the country looting
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police being attacked with rocks and with petrol bombs so really this is this is something that is now nationwide and i'm hearing in tottenham where of course it all began it will spot up as a result of the shooting of a man called mob duggan 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 people are out for excitement essentially and and and they're just looking for something to occupy themselves to 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 meanwhile london and other cities are taken over by thugs the police have not been anywhere where the police if the police were
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hit that would have been i think any surprising soudan little bit better so i don't think that doing everything they can i mean they see more violent 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 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 has come where we have to call in the armed forces what we're seeing now is. criminality across the whole of london what we should do in my view is pull our troops back from these pointless wars in afghanistan in iraq. as money is spent on two wars in foreign lands parts of london birmingham liverpool
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and bristol are essentially get to use 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. the money from the youth what. are they are never of imagine such consequences to be honest you know but you will get consequences tuesday night so 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 it's not just about cleaning up it's about communities coming to terms with
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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 be your emmett r.t. crap and london. well follow us on twitter for the latest updates on what's happening in britain also we've got news analysis so the u.k. cross is available twenty four seven on our website of course dot com where you can follow the timeline of the riots ever since the very first day dramatic footage we've collated there of britain literally on fire and i you choose a chance to. you're
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watching on t.v. from moscow still to come this. reports of new shelling from north korea as its southern neighbor returns fire off the road to reshelve 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 a small denies the road vigilante campaign against sexual predators is paid to follow fed to skate just to see russia. next the american markets have lost much of their choose to games in early trading a bit of 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
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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 sixty china 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. pretty sure he's got with 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 and actually 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
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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 for more of the international community to get on board and move away from the dollar as the reserve currency into some sort of basket currency that could include a lot of the asian powerhouses like japan and china. new delhi for us in earlier we spoke to martin heloc a he's associate director of financial advisory group he told us he believes the financial power of already. 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
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purchasing power adjusted basis because there renminbi as undervalued and you need to reflect that when looking at economic sizes yes had a projection by standard and poor's made in the year two thousand and five there was six years before now where they actually projected that 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 the u.s. would lose the aaa rating stages in two thousand and sixteen so now riyadh 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 that they are the problem so you main risk and the new form of this financial crisis will probably be very high to hyperinflation
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in the west and cons in 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 asian emerging market economies look a lot better than the western countries. well tell us what you think about the current market turmoil head to our t dot com there you can vote in our latest poll today we're asking if the emerging economies do you think can profit from the trouble in the west this is what you've been telling us as a reply to the question so it pans out most you saying the world's already too globalized for them to come out the winner here forty one percent this but a lot of those of you who got in touch as well believe emerging economies can and should capitalize on the situation and take the reins right now those of us you can see there as well saying they'll only profit if they are smart enough and act fast enough there's no you think about this story today that our teams go home where you can cast your vote. north and south korea exchanged fire in the disputed region in
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the yellow sea months 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 erick sidorov kid joining us from oregon tonight thanks very much for being with us mr soros kid on r t international no why is this exchange of fire happening now when only last month we heard the both state for making efforts for dialogue and indeed discussing ways to 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 peace 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
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korea next month and generally these things that happen just rely on those military exercises or just after our there is discussion in the united states about cutting the military budget for example and all the sudden we have both where our. allows people to say we can't do that we need to reinforce these matters and currently i think also you i learned 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 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 if full riling the other is there is. both sides as responsible as one another we have the south wargames we have the north protest
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they're open the borders they're closing 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 these 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 the arma sister agreement that agreed to the shooting of the stop the shooting in the korean war so we have no relations we have these things that pop up all the time and it's 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 a 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
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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 petitions and get involved. what about the u.s. role in a very friendly with south korea should they be doing more to try and patch relations up between the north and. absolutely particularly in this time and this period we have over twenty eight thousand troops still in south korea and the u.s. is involved with speaking up 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
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future maintain some instability there there's not been an incentive for peace but now why we're spending billions of dollars in that region the united states we could really look at the relationship and understand that a peace treaty ending the korean war with make all the difference very very briefly if you can looking towards the future of the last year we could be a succession of power. has suddenly hey 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 a new administration in south korea we're going to get the hundredth 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 thanks ever so much for the program for
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a national campaign to end the korean war as you well. 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 why not check it out not take a look at it even today. one of the top stories there are polygamist mormon preachers today is god 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 but one story is getting a lot of clicks of you today showed a lot of interest in it also this one. from the ancient traditions of merrymaking learn how russia's tarts of people celebrate a farmer's festival long transformed into a day of fun for friends and family don't forget our web sites not just news a lot of arts and culture as well about russia but r.t. dot com. some more international news stories in brief this hour and
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syrian tanks and armored vehicles of storm several northwestern towns near the border with turkey expanding a military offensive to crush protests it comes as president bashar al assad vowed he will not relent in pursuing what he called 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 a number of attacks against american troops in afghanistan 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 after tens of thousands of students marched in the capital demanding changes to the education system mass
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protest of bird cars and threw rocks and. furniture and security forces who fired tear gas and water cannons in response students who've been demonstrating for weeks say the current systems are underfunded and are equal and president sebastian pinera as promised extra financing but protesters say that's not enough. but when i fire fights 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 manned by locals wanting to protect their own villages he said the men were reportedly mistaken for insurgents in some follows last month's move 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 artie's date pushed over reports on how mothers and activists are taking matters into their own hands
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as hundreds of child abusers escape justice every year. and mother in grief your own family 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 are on the website. it was hard for not that he had 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 nine years. so yes the what does my daughter told me through 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's a new set of course. when napoleon finally managed to get things to the court let yuri 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
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a man suspected of raping a seven year old girl was released without charge. yes i called her underwear and she started crying i squeezed her neck and crestor into the ground it only took a couple of minutes then i told her to go home and tell no one i had. only after an enraged crowd inched the men police launch a fully fledged investigation into the case and record that confession authorities also disciplined the original investigating officer will some of us as this part of us look at the words that happened here is the mother was treated like a for what she was kicked around for largest office with a tragedy had happened to her she didn't know what to do but no one wanted to be able to talk to her let alone except her statement it was really russian authorities have a number declared a fight against the sexual abuse of minors but results seem to have been meagre with estimates claiming thousands still fall victim in an attempt to put things
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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 you know legal online pretending to be an underage boy or girl and 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 and it was to build what i want to show you are simply a group of people who decided to fight this evil in their own way because our families live unless it is our children walk in the park city we don't want them ever to meet those perverts plus a good cause like others 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
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the other one hundred contacts one is certain 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 our children school now we've got you know wednesday of a sports update coming out about twenty minutes time discover tonight how russia's football is a fairing in their final warm up before september zero twenty twelve qualifiers here in the say with that short event but let's check on the business with alex first. so much like kevin and indeed welcome to the business news here on r.t. that's had straight to the markets here and rough so well they've turned sharply negative in the closing session after a short lived rally this morning with the sell off started again and excel aerated
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in the last hour of trade here when the dow jones index over in the u.s. to open down some four hundred points will mathematician call from says the russian markets still have a way to go before the fore. believes that russia will probably continue to perform . so i think will come soon yes through. serving in russia we don't hear much of both moss of redemption c.e.o. of the month long gone leave for a show any funds we're talking about only occasional over the shell zero zero floor says this stage the money which has been leaving the country. has funds traders i think you've read of things got worse then we'll probably see a lot of good leveraging margin calls and redemptions on the spiro market the rule or the difference of growth as compared to what we've heard them to be there is no
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not much places where you can wrong there is gold you currency is book film it's a room. on the back of a stronger view predictions that sort of a look at the numbers themselves as we've been saying another day of heavy losses that the markets here in russia but i don't feel it's yes on the mind six. four one a half percent and have reached an eleven month low and crossing the pond david to the us on that negative trend continues the dow jones well it's begun something like you know you know with giving up maybe all of the gains that it made on tuesday it's calmed down over three percent and the nasdaq well that sound nearly as march. looking at two year now 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 over five percent. crossing over to commodities and now we're looking basically at all well as we've been saying the price of crude is up slightly light sweet is adding
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over a dollar this hour while brant is trading at around one hundred four dollars a barrel. on into turning our attention to precious metals they're gaining this hour after seeing mixed trading on tuesday and gold in particular well it just keeps on setting new records even outperforming platinum which traditionally trades at a premium against gold and silver screens that's also gaining its operator three of the hof percent this hour. well despite trading out a record many analysts say gold has potential to climb significantly higher cost from goldline 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 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
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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 how the russian ruble has seen a dramatic decline against the year and u.s. dollar and we said days prime minister patience pays to pump exit money into the economy if needed however the central bank confirmed it would not seek to widen the ruble exchange rate cardle the us novice of the ruble vulnerability is linked to its dependence on oil the scale of the klein and the ruble is intimately linked to the outlook on oil prices and the main reason why the scale of the decline 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 it will prices were to decline substantially below say one hundred
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dollars per barrel. russia would be under significant strain in terms of its macro economy so i think it's some of these concerns or really related to russia's the lingering dependency on oil prices that are fueling that are driving the decline in the ruble. in corporate news now there's been another twist in the ongoing legal battles between oil major b.p. and its partners in tearing k. b.p. the russian shareholders came to suffer damages were some three billion dollars that was prevented from forming an alliance with us never to explore the arctic the lawsuits will be heard in russia during the autumn this comes just days after b.p. hit back at its russian partners saying they too had breached the shareholder agreement by independent operating energy assets in russia and ukraine will earlier
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this is all too international from moscow very good even from kevin oh it's now a good time top story british police are given a green light to use tough tactics against ride to spread throughout the u.k. pick up a social policies or. for britain's worst rioting in the. americas financial woes could see its crown as the world's top 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 turned a blind eye to complaints about paedophile assaults members of the public launched their own vigilante crackdown on sexual predators current sex crimes laws and for being too soft and failing to keep the threat from the country's playground. as more civilians reportedly died nato air strikes in libya serious questions are being asked over the legality of the alliance.
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