authorizing the use of rubber bullets. in london, police have been successful bringing calm to the city, after cameron added about 10,000 officers and armored vehicles to patrol the streets. a large police presence is expected to remain in london for at least the next 24 hours. more than 1,100 people have been arrested in the violence so far. and more than 110 police officers have been injured. nbc's michelle kaczynski has more from london. >> reporter: there are new flash points in britain. but nothing like london. over three nights of raw violence out of control. the destruction. open attacks on police. almost celebratory looting of family businesses. the day after is heartbreaking. >> i don't know why people do this. certain images linger. this young man throws rocks at officers. an older citizen tries to talk him down. and is answered with violence. looters intent on breaking in. the victims escaping burning buildings. some having to jump. >> these are sickening scenes. this is criminality, pure and simple. and it has to be conf

gripped london for three days now has left a trail of smashed windows looted shops and burnt out cars in a number of cities across the u.k. parties are bennett's following the latest developments for us in london. shops and businesses not just here in clapham in southwest london but all over the city have been closing early as fears rise of another night of looting and violence and we've seen people here walking home early from were carrying their computers with them fearing that there could be break ins to the shops and businesses here on the high street and the police also fearing another night of violence they say they'll be up in their offices in the street from six thousand last night to sixteen thousand tonight and they'll be prepared to use plastic bullets if they have to and so the so the city is prepared for another night of violence and now i haven't seen any of that here in clapham in the southwest of london where the tensions here have been definitely high people just angry here. not more was done by the police they say the rioters were given two hours to take what they couldn't cause much damage they could before any police turned up and they're angry that police chose t

meantime, let's bring back gloria borger, our chief political analyst and richard quest is joining from us london. he's been in washington all day. before i get to you, richard, gloria, this vote, we assume -- we assume that it will pass 216 votes, but you know what? assumptions in this day and age not necessarily always good to have. >> right. you have to believe that they wouldn't call the vote, wolf, unless the speaker thought that he actually had the vote, and what i've been told in my reporting today is that the minority leader nancy pelosi has enough votes that if it were really a problem i think the democrats would push it over the line, but, you know, some -- a senior administration official said to me it would be an embarrassment for john boehner to get less than 160 votes which would be sort of two-thirds. >> 160 republican votes. >> out 2of the 240 republicans n the house. it's interesting to see what perrage of his own caucus he gets. >> did you see what vladamir putin, the prime minister of russia said today? he said supposedly the united states, he said, is a parasite. >> parasite.

cnn's john defterios joins us here from london. give us a bit of detail. how bad was that?> it's interesting. the survey has very closely watched. it's indicated what the futures's going to look like. number one, it was very dire, but we had a 5-point plunge, that's after a strong rise in june. we have a turning for the better in the second half of 2011 that's going to point to higher growth. what i think this points to is the impact the debt impasse is having on the psyche of the consumer and is spilling over to the business community, number one. number two, we know the fed stimulus is not as stromg as it was in the first half of 2011 nor as strong as it was in 2010. there could be life after the great stimulus from the federal reserve and show a sputtering in the u.s. economy. and reflecting the fact that the q2 growth of 1.3% may be very accurate about this flatlining of u.s. growth. >> yeah. we've got a jobs report coming up for july. what does it tell us about the jobs market? because presumably manufacturing jobs are weak. it's not creating jobs. >> i think it's wort

sparked from what was initially a peaceful protest over a police shooting in south london bennett is following this story for us. there's no guarantee things won't flare up again tonight like they have done the last three nights because last night certainly in several areas of london the police simply didn't have any control whatsoever the word to describe it is lawless it was complete mayhem in places like ealing in west london clapham in southwestern croydon in the southeast where it was widespread looting buildings and vehicles being set on fire when i say the police didn't have any control for example in clapham they weren't there for over an hour and the looters and the use had to have the free run of the main department store there for well over an hour and all the shops and high street were smashed in and. around santa really and. now people were just taking what they could mobile phones trainers and things like that and there has been. some real shock five residents in that area who are speaking to me last night saying how can this happen here that's quite an affluent suburb and they thought they were o

actually we're going to leave it there we are out of time thanks for being with us live here on r.t. there in london afshin rattansi joining us there not. well rebels now control colonel gadhafi fortress in central tripoli but violent clashes continue throughout the capital however the u.s. defense department says it has another concern the security of sites in libya known to contain stockpiles of chemical weapons something we've just been talking about there including your rainy and dust was speaking to my colleague rory sushi earlier today james corbet from the center for research and globalization question white libya's new government is not being trusted to deal with it. perhaps it presupposes the idea that the stockpiles are unsafe in the hands of the rebel forces and would be safer in the hands of the nato forces whereas the people who have so far been involved in siege in tripoli and killing tripoli civilians in tripoli have been the nato side so i think the question is really who are the people to be concerned about having access to those weapons i would imagine that that if there was any da

guma al gamati spoke with us from london in the last hour. >> the great majority of the capitol, tripoli is under freedom fighters control. it is liberated. there are still pockets of gadhafi forces in three positions. one is just outside what's known as the hospital. and one around the hotel where foreign journalists have been based. the other is the bab al azizla barracks. hopefully as the freedom fighters are engaging with them at the moment this will be sorted out in a few hours or in a day or two. >> where is moammar gadhafi right now? >> it's very difficult to tell exactly. we believe that he is either hiding somewhere closer to tripoli or in the south of the country, or could already be out -- out of libya, maybe in a neighbor i neighboring algeria to the west of libya. >> why do you think he has chosen to go there? >> those are the only neighboring companies showing support to them. chad is close to gadhafi. the rule tlr there is a close friend. algeria has been engaged in sanction busting and allowing aid and fuel and mercenaries and a arms to come through. so we believe if he w

days an illustration of just how widespread this has become more and it is on the ground in london and she brings us the very latest. london's burning rioters and police take over the capital for a third night as looters target yet more areas of london in a spiraling cycle of violence police see a lot of streets and treat whole areas as crime scenes with local communities trying to come to terms with the wave of looting and golfing north east and south london in tottenham where it all began the high street is the burned out shell the police the job center are the bags everything that's happening the recession you know there's a lot of anger about that no jobs nothing for the youth. it was sparked by the fatal shooting by police of bass man mark duggan tottenham once aunt says about why and how he was killed by his shooting with just the spark in an exceptionally dry tinder box tottenham and other london boroughs have long been simmering with resentment towards the police towards social injustice and towards unemployment this is a community which is a fantastic precious i had levels of unemployment t

for now, from us in london and singapore, that is it. not for get you can follow the laws on twitter. for now, from bbc newsday, thank you for watching us. >> >> make sense of international news @ bbc.com/news >> funding was made fun of -- possible by the freeman foundation of new york, stowe, vt., and honolulu. the newman's own foundation. and union bank. ♪ >> union bank has put its global financial strength for a wide range of companies. what can we do for you? >> bbc world news was presented by kcet los angeles. by kcet los angeles.

has been made about the police tactics, the dispersal, containment and arrests that they have used in londonare you hearing anything about that and if people want to see more robust moves by the police forces? >> i was not here in birmingham today when the police tactics were being implemented. the tactics i've found upon arrival were basically police having sealed off the entire city center. they were letting people out but not in. they were trying to sterilize the area. across the u.k., police are finding this exceptionally difficult to deal with. they are used to dealing with big demonstrations and protests where crowds gather. this is very different. people are vanishing, melting, disappearing and reappearing. the groups are fluid and volatile and i think that is a very different policing prospect and a different type of challenge. they're learning as they go along really. >> would you say the situation where you are now is tense? >> yes, it is tense. in birmingham particularly, it took us awhile to get in. essentially, we had a police officer give us a car to drive around. we occasional

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 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 sh

manita standing by for us in london.tcome of these riots in britain, the british government has said that free throw of information can be a problem and they're talking about blocking social media for some people. what is this about? >> yeah, it's really interesting, ali. you know, we've seen the use of social media, which is twitter and facebook and messaging services in various revolutions in the middle east as a means of getting the message out, to get people together to protest against governments and things like that. but some people could say that could be a means of good. however, in this case, in this country, what we're seeing now is that there have been questions of, well, the use of blackberry messaging, twitter, and facebook sites for spreading the message of violence and that's what has got a lot of people concerned that yesterday, the special session of parliament, the british prime minister was asked about the potential of banning certain sites that would, or even potentially blocking the use of the blackb

london. libyan rebels say that they're transfering their government to the capital of tripoli from their base in benghazi. much more on that story on our website. but from us in london and singapore, bye-bye for now. >> make sense of international news at bbc.com/news. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> union bank has put its global financial strength to work for a wide range of companies. what can we do for you? >> "bbc world news" was >> "bbc world news" was presented by kcet los angeles.

barricaded ready for really a nice of violence everyone's battening down the hatches but lucky for us in london didn't happen but conversely in the rest of the country it looks like the violence is just beginning we saw a lot of trouble in birmingham last night which we also had seen on the previous night manchester and solfeggio safelight 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 with 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 a full choir car that was just running amok and that police are looking at investing a lot ching 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 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 that having to be actua

let's get more on this from the president of the arab lawyers association so i'll start joining us live in london thanks a lot for being with us here on our team now how significant is this new to creation by president assad and why has the opposition rejected it when in fact i have read the full text of the law the law seems to me question i think it's a step forward the problem is not with the legislation the problem is with the implementation the law has its own problems for instance. it still requires that the party is formed because the fusion where article eight of the constitution gives the leadership so effectively it is it is not the legislation itself it's how it's going to be implemented and the restrictions included in there there are quite a lot of restrictions which makes it probably very difficult to implement but i think it's a very welcome step and i think the pressure international pressure on syria is producing some results what is lacking is the action on this you have to make the changes that require. possibly start killing people remove some of the leadership. on the part de

absolutely ivor bennett thanks very much indeed for joining us this update from london investigative journalist and author of michelle golan says the e.u.'s concern for libya's future has little to do with the interests of the libyans themselves. the key question is indeed oil it is well known that it is a wall for all that these so-called position government has promised to give the old two from. great britain and the united states actually this government does not exist it's to put government and of course it's about our it's always about pork you have many disagreements inside the alarms the airlines crisis the consider themselves the cup of the world and asked. after us live yes sorry afghanistan libya who are they going to attack the key question is when will the public opinion wake finally and say we don't need these kind of aggressions we don't the killings we don't think of the results as we need a solution to the economic and social problems of europe and united states. well the speculation arising out of what's ahead for rebels when we are interested in your opinion on the

italy we can now talk he's an economist with the independent think tank open in europe joining us live now in london thanks very much for being with us here on r.t. well as we just heard silvio berlusconi hasn't asked for a bailout yet but has he succeeded in calming investors today or do you think a rescue package is inevitable. well i don't think you'll succeed in calming investors but i don't think a bailout will be forthcoming in their future either simply because italy is far too large to be bailed out by the current mechanisms in place in the euro zone i think that if the cancer avoids rising borrowing costs for the short term maybe six months to a year given the size of its economy but in the long term or it will make its debt unsustainable and increase its cost significantly and more importantly will undo the savings that it's making with its its new austerity budget ceasing settings really is a problem there's also you say italy is too large to be bailed out in other words are you saying that the e.u. simply couldn't afford to bail it out. well with its current mechanisms if you look at the

joins us from london ira what is the reaction in the u.k. to the events unfolding in libya now. well it seems like the prime minister just can't get a holiday right now he's cutting short his vacation once again to deal with what's going on in libya he did the same a couple of weeks ago to come home and sort out the riots here in london but he has welcomed the news that the rebels the national transitional council have entered freeplay and taken large parts of the capital so what's happening here in london is that he the prime minister is chairing a meeting of the national. security council on b.p. and the question every time is what happens next. for the preparing really now. raising all the thing they want to maintain there is the u.n. resolution to protect civilians they want to ensure that there's enough provision of food water and power there no revenge attacks to basically ensure there is a smooth transition. all this is what's happening in the u.k. but what about the other e.u. states has the same rhetoric been heard from down. absolutely all around the leaders a lot in w

the situation in syria from james denzel he's a writer on middle east politics is joining us now live from london james thanks for being with us here on r.t. well with many pointing the finger at economic recession along with calls for political reform and democracy being the cause of discontent amongst these protesters in syria could there be other forces at large here behind this unrest. while i'm not entirely sure what you are looting to i think that ultimately the arab spring has had the same fundamental underpinnings across the region each country has its own unique sort of circumstance that has affected what's happened since the sectarian issue in america to james the south korean issue sure that well in syria we've not seen a serious a tear in dynamic emerge yet so though there is of course elements that narrative two in particular the first being of course the fact that the regime does have a heavily alawite elite although the same time if you look at the numbers of political prisoners and find lots of alawite political prisoners within that too so that's one thing the second thing is of

thank you very much indeed for joining us live there in moscow a member of the russian academy of space thanks for your time. one hour from moscow we're heading to london and i'm now joined by mark hemp still the president of the british interplanetary society thank you very much indeed for joining us live there in london well obviously we've heard quite a lot about the technical reasons and what could have happened if there were a crew on board but what i'd like to ask you is there any way to control a rocket like this once it starts to fall i'm thinking of it landing on a city for example. not really but the flight part of rockets are designed so there's no possibility of them landing on cities most nations will fly them over the ocean in russia's case that's more difficult but they fly over a very sparsely populated region so there's very little chance of failing actually reaching any sense of population are you surprised that after what forty four missions that an incident like this should occur now not really the soyuz is a very reliable vehicle but it's still got something like a one in fifty a little bit of the money fifty failure rate so as lon

louise cooper joins us from london. financial brokerage with operations on six continents.ve seen in washington over the past weeks and months has been a political choreography and the behavior of the politicians hasn't changed that much. why are we so upset? why are we saying it's a great day of doom for the economy when actually they agreed on the deal, it took a while getting there? >> the deal isn't done yet. obama said the leaders of the republican and democratic party have agreed to the deal. now they have to sell it to the rank and file members. we've got these two important roles today through the senate and house of representatives. those votes have to come through before we have a deal. the deal isn't there yet. that's possibly why the markets -- equity markets are only up 1% so far. there's still some concerns that the tea party republicans could not vote for this. so, you know, the s&p 500 in the state, the u.s. equity market was down 3.9% last week. it's only rallied about 1%, 1 president 5%. if people really thought this deal was done, equity markets would be

from both of us in london and singapore, thank you very much for watching bbc "news day." >> make sense of international news at bbc.com/news. [funding for this presentation was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, the newman's own foundation and the john d. and catherine t. macarthur foundation, and union bank] >> union bank has put its global financial strength to work for a wide range of companies. "bbc world news"

it was a much different case in london overnight where police became very confrontational. the provisional use of rubber or plastic bullets as well for those police. it was a much, much calmer evening in london. 800 -- nearly 800 arrests now in the city. 111 police officers have now been injured. the losses now being tallied at about $150 million but that is likely to go way up. the sense of it right now is the worst of it is over. but people are still edgy and bracing for more. back to you. >> miguel, all those police on the streets there, how are they trying to find people who have committed crimes over the past four days? reporter: yeah, they've been using cctv or closed circuit television pictures and cameras. the police have launched a website, a dedicated website to putting those pictures up hoping people will call in tips. they don't seem to be ges at thn lot of tips at the moment. the other problem with cctv is london is big on that program and police and politicians were warning people ahead of time that they would track them down eventually. the problem was the riots were spinning ou

. >> jim maceda there for us in london. thanks so much. >>> president obama is on vacation with his family in martha's vineyard where he's being kept up to date on the situation in libya as it unfolds. brian mooar joins us from washington with those details. good morning to you. >> reporter: good morning, lynn. the president has been getting regular briefings on the situation. last night he released a statement in which he said that libya has reached a tipping point. and the president is calling on the libyan people to replace a city of conflict with a season of peace. outside the white house last night, there was an impromptu celebration of libyan americans, people dancing in the streets saying god is great and singing songs. one woman said she was there to savor the taste of freedom. one young boy, too young to remember a libya before there was a moammar gadhafi, said, he lie, he kills our people. it is time for him to step down. >> brian mooar for us in washington. thank you. >>> as gadhafi's regime crumbles, syrian presi

s institute of economic affairs he joins us live now from london thank you very much for being with us here on. the e.u. commission president wants to inflate the bailout fund but if italy or spain do succumb could money to bail him out really be found. where we're looking at such huge amount the phone could end up being over a trillion euro so the problem is once you get into those sort of figures then the economies the public finances of france and germany and the major euro countries are then under threats so there's really threats and so really growth in germany in france and the conflicts could be lost in those countries well it seems that those major eurozone economies are under threat and. has admitted that this crisis is now spreading to the likes of italy and spain of course we're talking at the moment so why is it happening at the moment just how serious is it when those major economies in the euro zone are now being affected. it's extremely serious and i think to be honest looking at the figures i think a lot or some sort of default for italy is almost inevitable because the

libya let's cross live now to lindsey german she's an activist from the start coalition joining us live in london thanks very much indeed for being with us while western leaders have already started planning a post gadhafi libya despite the fact the opposition hasn't won yet but is the rebels potential victory a done deal now do you think i mean justifying the actions of nato well i think it looks as though. the regime is finished we've been saying this for a couple of days that failing to sidestep now i don't think that's a tool justifies the actions of nato nato has been involved in a lengthy. killed thousands of people now in libya on the grounds that they were protecting civilians actually they were there to achieve regime change they obviously look like they're going to achieve that but we have to remember we've been here before we before with after the start been there before with iraq and i think the lesson from both of those and that surely the message that is even coming from many of the rebels in tripoli and elsewhere in libya is that they don't want nato there any more they don't want

going to suffer the consequences unfortunately ok as you can chandan freelance journalism to us from london that's your thoughts. now the us the major european countries have syria's president bashar to step down and impose a fresh scent of economic sanctions it can use their response to the regime's a violent crackdown against protesters where the statements have been sent to the special u.n. security council meeting on syria is taking place in new york. ny has more. not only has the u.s. president called for the syrian president to step down he has backed up his words with action and that action includes issuing an executive order thursday morning with fresh sanctions against syria and now according to the new sanctions that have been signed by obama all americans and u.s. corporations are now prohibited from investing operating or having any business dealings with the syrian government this includes a ban on imports and exports including cereal syrian oil and petroleum products i do all the syrian assets under u.s. jurisdiction will be frozen so clearly this is some more mounting pressur

a professor of political science of paris west university defense force i should say joining us there london thank you so much for time thank you. news of the rebel advance into tripoli was greeted warmly by investors around the world sparking an immediate drop in oil prices and one of the study now that the most important question is just how much debility the new government will bring in our first the latest what we see really is a kneejerk reaction in the oil markets to the events in tripoli we see in the oil prices as you say dropping almost three dollars in festus thinking that there are some oil production kids shortly now it's least foreign minister has confirmed that the italian oil company any has sent work is back into libya they've led the way really in sending their workers back there now what we've seen is the other big oil companies such is b.p. have actually passed on the fence at the moment they're waiting see exactly how this plays out what's going to happen if the coming days and weeks what we've heard from the information manager of the libyan rebel oil is that they said t

trying to show some kind of control here. >> and this is newsday on the bbc. >> i am in london, good to have you with us. reminder of the headlines, looters have struck several areas of london for the third consecutive day. violence spreading to other cities including liverpool and london. prime minister to return in the next day. >> asian stock markets have dropped sharply, and the economic woes of europe. u.s. president barack obama said that he hoped that the downgrading of the rating will give congress the right to address this debt crisis. mr. obama said america will always be aaa economy but those around the world suffering heavy losses. around the world stocks continue to sell off, tokyo down more than 4.4%, hong kong, plunging 7.5%. festering the problems on both sides of the atlantic, pushing the japanese yeng higher against the u.s. dollar. for the oil market, prices are dropping with crude $76 a barrel. and crude at $99 a barrel. breaking below the psychological barrier of $100 per barrel. the only winner so far today is gold. it continues to surge to record highs every hour. now trading at $

of course we'll continue to keep an eye on the situation in london for us live from the british capital are to use more. now london's definitely a city on the tabs right now as we heard and there's one group that has an extreme solution to its troubles as we report dot com hard line muslims want to lay down virtual rio law in the british capital and it's not going down well with londoners find out more on their plans to get straight with centers. and find or not moscow holds another flugtag competition for amateur aviators to at least try to reach for the sky box their attempts at r t. saudi arabia has pulled its ambassador from syria adding weight to the international condemnation of president also its crackdown on protesters more than fifty people were reported killed as violence continued across the country on sunday syrian forces stormed the eastern city of dir all sorts of cross and see government protests during the muslim holy month of ramadan heavy shelling was reported after black clouds of smoke were seen rising from buildings in the city more than seventeen hundred people hav

and while city for us another london side told them five one jeff gold with an amazing full goals to his name against those wins mean united the standings with c.c. also see the nine points ahead of liverpool chelsea and wolves well they got us going to need to struggle without a victory so far in the new season elsewhere full of also when this after going down to want a way to new console and stoke lost one nil to west brom. tennis world number one caroline was not that has become the first larry nine years to win the new haven open title for consecutive times right on the will the u.s. open check bet that you've had a great trying to have scary a final but couldn't out of the top ranked a plenty of exhausting really is in the opening set there before the snow could see by six and some fool and she then cruised boston flagging to the second to clear. it's six one and say away seventeenth. two thousand and six. meanwhile in practice at the rain soaked u.s. open closed on saturday as the season's final grand slam still hopes to stop the scheduled on monday despite the arrival of hurri

max foster joining us from london.ing on around the world. >>> boeing has finally rolled out the 787 dreamliner. the plane could spark a revolution in air travel. it's lighter than most planes because it's made out of carbon composites, uses 20% less fuel of planes its size and a self-serve bar. the first plane is going to japan's nippon airways. it's a bird, plane, it's a bird on a plane. that's right. or possibly a bat. sneaked on to a delta air lines flight from madison, wisconsin, to atlanta on sunday. check that out. the video shot by one of the passengers. the critter flew around the cabin before getting stuck in one of the bathrooms. i'm led to believe somebody opened the door and guided it into the bathroom. that's creepy. look at that. >>> according to conventional wisdom young people are more tech savvy than older folks. most of us find it strange to come across an 8-year-old hacker. kids are the new demographic. the annual hacking convention defcon launched a convention for kids from lock picking to tip grap

liberalism to his country and the answer is not ok frank spring political analyst talking to us from london many thanks for those thoughts thank you. ok coming up on our sea the rising history veterans of track to fall around in a stone mia to be found in all the contrary staring fears of that revive nonces i'm in here and. now in israel thousands prepare for industrial action in protest against the government intent of the plan strikes follow a weekend of massive demonstrations and will rising house prices and an escalating cost of living people are demanding social justice and better working conditions but all those calls they've supported stay he's in tel aviv for some polling developments there paula we saw some one hundred fifty thousand demonstrators take to the streets of israel over the weekend does today's protests promise to be on the same sort of scale. well at the stage it certainly doesn't seem as if tonight's protest here in tel aviv will reach the kind of numbers we saw over the weekend some twenty four thousand people have signed up on facebook and like the demonstrations ha

london. she joins us on the line. this all started as an isolated protest against a police shooting, but the violence seems to be spreading out of control. >> that is right. the violence is escalating and spreading around london. we are seeing a huge blaze in croydon. violence has broken out in hackney and lewisham. the metropolitan police make a statement in the last couple of hours. they said they would go after the protagonists. they condemned this violence. they said cameras would capture those carrying this out and promised to bring this to justice. the pictures we are seeing our cat and mouse games between writers and police officers, rubbish bins on fire. people are terrified. the police have urged londoners to get off the streets so they can deal with increasing levels of violence. >> it looks very serious. is this genuine frustration at the economic situation in britain, or is this young people taking advantage of the situation to cause damage and look things? >> this violence has been widely condemned by poli

richard quest joining us from london. richard, as you get -- fix it right there. i'm wondering, is it the case where people are kind of blaming it on morgan stanley for its dismal economic outlook for the global economy? >> well, obviously since we are five hours in london ahead of you on the eastern coast, the morgan stanley report certainly gave the kick to the day. the jobless claims numbers in the u.s., the philly survey, that all added to the negative feedback loop of the market that you have been seeing for the past few hours. and what we are seeing at the moment through those german numbers, the german market up 5%, similar number for paris, london, slightly less. i think what you have to bear in mind is that it is -- this hasn't happened overnight. this has been obviously we've had the volatility for the last two weeks. we come into this week with people feeling that things are not going well. you get these bad pieces of economic news, not dramatic, not drastic, but they re-enforce the view, they destroy consumer confidence, and ultimately that's what we a

ross westgate live for us in london. reporting asian markets down sharply, europe, as well. thank you very much. >>> now for more on what's behind the market tumble and whether the debt ceiling negotiations may have played a role, "new york times" financial columnist, co-anchor of cnbc's "squawk box," of course the author of "too big to fail," andrew ross sorkin. in a word, what happened yesterday? >> fear. fear is what happened. and what i would suggest is anyone who's watching this morning is to take a breath and -- i don't want to say relax, but don't hold your breath for the moment. we will see what the employment numbers are like, and that's going to play a huge role in terms of where the market goes today. this is not september of 2008. i think we have memories of that, and all of a sudden people are panicking, calling brokers saying, what's going on here. the world is not about to go off a cliff. having said that, we have gone through a period where the market has gone up tremendously. we've had, you know, very good corporate earnings, somewhat surprisingly. yet obvio

us stuff of value. zain verjee in london for us. >>> lady gaga is just all over this show today. we talked about her commenting on hillary clinton's dressing. five things you can teach the community about building communities, you little monsters. that's coming after the break. mine was earned over the south pacific in 1943. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote. u.s.a.a. we know what it means to serve. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and w