up to twelve people have reportedly been injured after an f.s.b. security services building was shelled in russia's company little korea region. also the u.n. says the death toll in libya could be in the thousands as the government steps up the battle against protesters and as the west pushes for democratic change in troubled regions and fears grow the interference will add fuel to the. ukase accuse of double standards by agreeing to extradite wiki leaks founder julian the songs of a great claims of refusing to do the same for international terrorists. plus boosting the russian armed forces the government announces a multi-billion dollar program to upgrade its military equipment to tackle modern

threats. this is r.t. here in moscow just after ten pm in the russian capital and our breaking news this hour russia's north caucasus region is where up to twelve people were injured in similar ten u.s. attacks on several security targets in the republic of carpet in a hurry up and katrina the trooper has more now we can cross through the give us the latest on the situation in the region called we know that from time to twelve people are reported to have been injured in that series of almost similar tiniest attacks carried out and because of the skill of russia's southern republic up about it in about area in the studio night should all be receiving leaders from the local police also we have no boots on any casualties but they have also stopped by the

local happens to be russia's major domestic security agency was put on the fight was shelled with a grenade. launcher at about eight twelve. eight pm moscow time shortly before that a traffic police checkpoint was under fire and in about twenty minutes to the traffic control police checkpoint say none of the districts are not done and the sign young were wired up we're also receiving recalls the big stink of fire is still ongoing i want of those tracking these checkpoints these minutes for russia's republican property to korea has been subject to a number of terror attacks recently tell us more about. her indeed it seems that we are now with the single away probably spots of terrorist attacks hitting russia just last week in this very republic same republic of cobra dana ball-carrier all

militants terrorists stop to move the car and the cars carry tourists from moscow and parted with assault rifles and as a result of that some people were killed as many people sort of all killed and so others were injured and later in the same district terrorists blew up a cable car to mount a missile all good so as to say nation would skew president dmitry medvedev code to a extra session of office and to counter terrorism comedian political cause last week when he wants terrorists those who didn't want to. refuse to make peace so they will eliminate them all to the schools and to. the sides strikes will be made not on the backs of usually the presidents are but also as a preventive measure they must be brought to justice and if they resist to the minute without any mercy well there is actually an overwhelming evidence that many of the towers which carry out their attacks on the charge of the russian federation

but see for me or it's solid and gorgeous a date and it in the region all of the north caucasus have been trained. every or maybe all those attacks upbeat but being financed directly from international islamic terrorist groups and now that we see those that get passed rapidly. reaching russia some of them will just as it seems that russia is happy speak russia's peace are on extremely high alert as they understand that international terrorist groups may now be considering brick our case there are steps that if we keep reaching russia's so yes we see it we may stop terrorist attacks very impressive down gruesome attack skating. which is not on the was the term nobody has been hurt in that attack on the security service building the f.s.b. building in the north caucasus but obviously will get more news if you get it and

of course soon as you get information you are possible to us as well a contributor to thanks very much indeed for bringing us the latest there from russia's southern republican company. to libya now and colonel gadhafi forces have opened fire on the protesters in the libyan capital tripoli the last bastion of the embattled leader at least four people have reportedly been killed with the unofficial death toll of the ten days of revolt standing at over two thousand gadhafi is battling to shore up control of the west as demonstrators consolidate gains in the east of the country international momentum is building to punish the libyan leader for his violent response to the protests russian president dmitry medvedev has called on the authorities to prevent tensions from escalating any further and stop the bloodshed meanwhile in iraq at least eleven people were killed as people took to the streets protesting against the government and calling for reforms the political journalist and for me well told r.t. that the west is advocating the spread of democracy across the region to control

the politics of the arab world. western style democracy in its current state is far from what i would consider to be something that we should want in any of these countries i think i think if there's going to be democracy it should be democracy with a real change and a change that reflects democracy that actually benefits the people today's democracy is nothing more than a mainstream control mechanism through which the vast majority of the public who do not think are emotionally engaged in in situations that they don't even really realize what it is that they're voting for or approving and if you think that the mocker sea which is supposedly what the u.s. is out there pushing and driving home for these people who need so much the philosophy of what they've developed and put together in in the in the u.s. for example take a look at what it what they're doing in a building bases in hundreds of the over one hundred different countries you know basically putting at the end of a gun the word democracy and shoving it down their throats to me this is not democracy this is abuse this is nothing more than

a system that is doomed to failure and as long as central banks continue to stand side by side in a democratic system like we have printing endless amounts of money which is devalued by devaluing by the minute we're not going to have anything more here than chaos that is used to mask that devaluation process and hopefully distract people from the overall fraud that's been perpetrated on western societies if that's democracy who'd want it. to egypt now where two weeks after the popular revolution swept from power president hosni mubarak demonstrations continue with tens of thousands calling for reforms and military is in control there until elections can be held in auntie's peter all of a. difficult transition from dictatorship but the people of egypt could once again fight central cairo here at the here square the at the center of the revolution that failed kanzi mubarak the people of pack our out in great numbers in order to lend their support to a number of causes some here to show solidarity with libyan people and calling for

western governments to do more in order to help the people under the gadhafi regime the majority of the people who have come here want to see not only move product gone they want to see the main figures of this regime who are still in power removed from those seats of power namely omar suleiman and the current prime minister major feat was a symbolic gesture from the part of a corrupt government just removing the bike and if you businessmen are scapegoats so we get busy with this thinking justice has been served but this is totally symbolic and it's not functional on all levels the man for a change that was fulfilled by the president being sort of resigning for stepping down is only for the time level but not the entire system remained as it is the ogunnaike says of these protests a calling for millions of people the millions that we saw at the height of the revolution a month ago to come back to tie a square to come back to the center of cairo the streets of cairo and call for a democratic egypt and we can now hear my reports on what

a democratic egypt could mean to the people. with a force. they pledged. and many died. the protesters who took over central cairo had a clear goal the removal of a dictator and establishing a free country a mortuary as an activist and one of the organizers of the revolution the talk of hunting he believes that egypt can make the transition from dictatorship to a democratic state the thing is defining democracy in our own terms that were here i mean everyone look at it that it pollutes on turns but we are going to it our terms that we want to see in this country our country there does not feel like it goes some way of getting it and we're going to get that support for a democratic egypt has come from governments around the world however some of those leaders who have been quick to congratulate the revolutionaries may not be so pleased with the possible future for the country. we want

democracy but we also want states that will be friendly to us and we want for almost a. great deal less comfortable for the rest of potatoes. those dictators have been swept aside by people who after years of injustice finally had enough some of the poorest people in egypt in capital live in the black area of cairo here many are hopeful that a democratic egypt will help them out of poverty however others expressed concern that they may see the rich get richer while the poor get poorer. i'm worried things can get worse for the poor if democracy is not implemented i pray god will keep egypt safe. while the west may have been convinced egyptians were fighting for democratic principles they may be in for a nasty shock when they find out that the people simply want to change the trial

over r.t. cairo egypt. well the ongoing political crisis in libya has been affecting oil prices around the world it's even has some financial experts to. talking about a new economic crisis well to explore this some now are joined by dr miniature talking who's the senior petroleum upstream analyst at the center for global energy studies in london thank you very much indeed for joining us now on these concerns about rising oil prices more hype than anything else well we already see the prices have shot up i mean one can argue that the prices should not have gone up but actually they have and that his because the market is not only the physical trading there is a financial aspect to it of paper a burial is being traded the volume about ten times the actual of his recalled volume a which is traded and those people in the financial market have if you're not at the present there is still sufficient oil in the mediterranean basin would say but they fear that this might expand and there would be destruction etc etc and

they think in a few weeks not a few months ahead and if year for that is what has caused the price does that mean that traders are actually capitalizing on this turmoil and benefiting from rising prices at the expense of everybody else. i don't think we could call it back when there are a speculators but this is not only speculation they do play whenever there is the prices going up and down the speculators make use of it and they make money but i think the basic behind it is defeated that there will be a destruction of the satellite of oil and so people are who are in their market a bit and take positions for higher prices in order to cover themselves they provide heating so there is a useful function but the financial market has the financial obligation of this physical market it does provide some useful help hitting some for refineries and others and so on but also it is

a great use of it so the outcome is that you have higher prices because of the fear of what would happen that there would be destruction of oil you know a few weeks ahead so not that prism right so we have those higher prices what effect does that have on you and me and the rest of the world because we're hearing about rising airfares for example is having an impact not just on oil prices energy supplies but anything related to oil products and further economic crisis for many countries countries that are struggling to get out of an economic crisis at the moment. well out you're going to call it crisis but it would be difficult it would make the economic recovery more difficult even to united states it is importing about ten million barrels per day and when the prices go up by a few dollars a barrel is a huge quantity and united states has already a major current account deficit and this will go on top of that because india and china which are near importers african countries it will be having effect on these

countries definitely what are literate is a major role exporter isn't it produce a particularly to the likes of italy. if we see these supplies obviously being disrupted now is that open up a lot of opportunities for others to capitalize on libya's predicament i mean will people be profiting from libya's problems. i wouldn't call it that way it is the natural the situation which is the tragic one for libyan people people are getting killed their revenues source of revenue are from exports would suffer because of the disruption of exports and production and god forbid there are some of the whole billion solutions would not be damaged if so then we have to rebuild the production and export facilities like this from the oil side at our follow a lot so i don't think is it is not a profiteering i think what you are meaning is are you having one line is that let's say italy is dependent on libyan oil what about one third of the oil it

consumes so in case of italy there will be a shortage but the system there which i thought by change we need to leave the storage is can manage a few weeks of destruction international energy agency has said. and within a few weeks they have a distribution emergency distribution system that they practice in a new simulated they can provide that saudi arabia with the spare capacity from the persian gulf oil can reach europe and italy so at the end they could be but the whole think if it is only confined to stop him from libya the role industry the world market can manage it with it he can't be the difficulty of. our destruction for a few weeks or maybe a marketer really interesting talking to you thanks so much for giving us your analysis on the situation a moment dr miniature trackin senior petroleum upstream analyst at the center for global energy studies live in london thanks for joining us. well just to remind you of our breaking news story this symbol tennis attacks of

rocks the city of nazi can russia's southern republic of korea up to twelve people reported have been injured after an f.s.b. security services building was shelled with a grenade launcher this comes just days after three tours were killed in the same region after militants attacked and minibus heading to a ski resort. and we'll bring you more on that developing story as soon as we get it julia stiles is preparing for battle to overturn a london court's decision to extradite him to sweden that we can leaks founder insisted there is no truth to the sex crime allegations against him and that there was not enough evidence to justify the court's decision of his killing ford looks now at the case is a mystery and intrigue. when julian assange emerged less than a year ago with this video. showing u.s. troops getting down unarmed civilians into reuters journalist video games he was

murdered as a hero of transparency. in anti war ally a human rights defender r.t. america interview decides on the day of collateral murders release what keeps people going more keeps. the i think from going through understand how the world actually works so the first step in the fourth story is to get information about the real world and the second comment i can't think of but sources. in the public eye nomad a computer expert with a cache of two hundred fifty thousand classified cables assigned. to the front page of virtually every newspaper in the country is working with wiki leaks wiki leaks wiki leaks which leads to his photos julius is a cyber terrorist in wartime he's guilty of sabotage espionage crimes against

humanity he should be killed the to his stance as soft spoken as if there's the potential to radically reshape the geo political landscape voted by the people as time's man of the year but our commitment to our sources is not just to conflict and we've never lost it's not just the proper state it is to get the maximum political impact possible but it's our city it's the political impact i believe and not the leaks that has gripped the. allegations of sexual misconduct by two swedish women infighting within wiki leaks first in fact it has told the nation particularly the obama administration and the cia they want to start with the leagues they're doing all. the sorts of extraordinary actions stop being pay pal or leaning on pay pal mastercard and other private corporations to allow donations to be made to wiki leaks the once heroic figure now having murders bumper stickers and

t. shirts to pay his legal bills who profits from the meaning of meaning. obviously it's the u.s. government which is really out to get him makes no bones about it thrown into the basket by the newspaper that once eagerly used his leaks this will impressions of the way it was. set up some red for some in a list say assigned and wiki leaks have been effectively neutralized consumed by litigation rather than leaks i think with the american government wants us to have mr science in custody so that ultimately he can be extradited to the united states to face charges for the release of those documents or u.k. court ruled that julian assange should be extradited to sweden but his attorneys say the next stop for the thirty nine year old computer programmer could be here in the united states where science could face as long as charges and even the death penalty as the sun spaces jail time the future of wiki leaks hangs in the balance and its ability to be a place for whistleblowers and it became of transparency in fort artsy washington

d.c. . the russian army will get a make over in the next ten years the government has announced that it will allocate six hundred fifty billion dollars to upgrade its equipment and i'm precious plan which fits in with russian president dmitry medvedev its long term modernization goals was the surface no reports of huge amounts of money these are the large scale spending plans that have been done by the defense ministry and so we needed a main focus of the spending that's going to take this up to twenty twenty five is going to be the development it has to teach it nuclear weapons and now among some of the stuff the defense has to gain to be purchasing games here on a hundred ships a thousand helicopters around six hundred planes and eight submarines that are going to be equipped with new generation missiles so a huge amount of touch this is a going to be made that she going to be the first time that russia has bought military equipment from a nato member is going to be purchased

a helicopter carrier ships from france we have heard the russian government saying it is not planning on buying a huge amount for the broad i but what they did bring it is where they feel the russian military is lacking right now and then they can then take some developments as well this is of course all part of this push by the government to modernize the military of course the start treaty is now in place and that agreement between the u.s. and russia was to slash. but what it doesn't say is that countries are not allowed to upgrade their arsenal say this is completely within the terms of the treaty doesn't actually called you take that tool and as he said that's really been yesterday's huge amounts of money this really needed president has come out and said that he really wants the military now to be a source of innovation and they're trying to upgrade and steam like that it is not well this spending's all about. well before we get the latest from the world of

business with kareena let's update you on our international news in brief this hour afghan investigators sixty two three. women and children died during a nato operation last week charged that's tonight's president hamid karzai will inquire into the alleged incident including our province where the alliance used attack helicopters in a three day offensive against the taliban but a nato spokesman says its findings have shown that no civilians were killed. hopes of finding more survivors four days after the devastating earthquake earthquake hit new zealand city of christchurch are fading the disaster has so far claimed one hundred thirteen lives it has been more than twenty four hours since anyone alive has been planned amid the rubble over two hundred people are listed as missing and its top one hundred twenty inside one collapsed building residents are being urged to stay out of the way of rescues and avoid going into the center of town. while now in polls have opened its first elections since receiving a huge loan package from the e.u. and i.m.f. observers say the rufina fall party is expected to suffer huge losses after the in

eighteen the country's politics for almost eighty years the party has been blamed for allan's financial crisis which led to a bailout of the country's banks from mr brown colors but standing in the election which comes a year early in his power to quit coming about. let's return to our breaking news the russian authorities are on the hunt for the culprits behind an attack on an f.s.b. security services building in the republic of congo in a car or president of the republicans dismissed reports that dozens were injured and son killed he insists that only one police officer was wounded in the attack and i just remind you of what happened there in f.s.b. security services building was shelled with a grenade launcher in the city of knowledge chick and it will of course be bringing all the latest on this breaking news story as soon as we get it. well i'll be back in a few minutes with the latest headlines but first as promised business news is next with creeping.

back into business global equity markets seem to be breathing a sigh of relief as oil prices moderate prices for crude threatened. retreated late on thursday from their twenty three month highs over friday's session has seen them climb once again news that saudi arabia could pump more oil to compensate for the loss from libya has taken some of the heat out of the market light sweet crude is now trading below one hundred dollars a barrel while brant crude is well off the one hundred eighteen dollars seen early in the week but the response could just be temporary with many analysts predicting the rally will continue now in the short term high oil prices are good for the russian economy and for energy shares but even russia kosky from north capital warns the negative impact on the global economy in terms of slower growth will automatically be harmful even for the world's biggest energy exporter. oh one word

been there done that will know for a judging by experience or thirty two thousand and eight that the deteriorated effect will take place however it's not going to happen overnight it will take approximately four to six months for the true mantle economic impact to happen during this time obviously investment in the energy resources will stay attractive however good for russia is not so good for germans so to say they're for right now the question is how long this euphoria will last for russia it's not going to last for more than three or four months right now obviously there's going to be in flaw of foreign funds positive rating bonds there's going to be zero deficit of the budget and obviously will cause more consumption more luxury cars on the streets more exotic traveling however it's not going to last for for a year i am absolutely confident in that. the meeting between b.p.

and alpha axis renaud of its russian partners in tainted did not go ahead as planned on friday executives from the british royal major were due to hold talks with a are about its plans to jointly develop the arctic with russia's biggest oil company ross sniffed b.p. however did not turn up for the meeting it's now been postponed until march the fourth b.p. and rosneft sealed the deal in january to swap shares i jointly explore in russia's arctic shelf and they are as strongly objected to the plan saying it but its executive its exclusive agreement with b.p. . now let's take a look at how the markets are doing wall street is heading higher in midday trading as all prices stabilize after a recent john dow jones is a powerful percent leading by board going it shares rose two point eight percent after the air force awarded boeing a thirty five billion dollar contract pretty early two hundred hankers financial

stocks are also gaining and european bourses snapped a five session looking straight to finish higher friday investors focused on all trading below one hundred dollars a barrel gains were broad based though financial stocks and miners rallied notably european markets have had a rough week i'd like to buy continued rest in the middle east and north africa one of the of course the worst performance in london was lloyds banking group down four and a half percent after it warned business would be tough this year as the u.k. cons stalled. and here in russia markets also closed higher on friday the r.t.s. surged over one of the half percent demise it's gained just under two percent energy stocks were struggling as investors took profits up to several days of gains rather banking and retail shares climbed now let's have a look at some individual share moves in russia gazprom finish point six percent lower on the r.c.s. rosneft lost three quarters of a percent and russia's second biggest bank to be t.v. was up almost four percent helped by use it has acquired

a blocking stake in bangkok. broad national data capital sums up the week writes. i think we've seen tremendous volatility in the markets over the over the last week there is no just russia it's everywhere globally people are trying to come to terms with what's happening in the gulf and it's tricky so when you have a sudden shift like we've seen over the last few weeks of the oil price then the obvious trade to make is to sell down the banks and buy into the interview oil sector and that's what we're seeing that's been the under-performance of banks in the last week or so global markets but you can go to emerging markets have been suffering since the beginning of the year russia has been really the out performer in that process and the fear in the market right now is you know when will russia start acting like all the other emerging markets and start selling off is being held up by the oil price quite frankly if the oil prices to move in the other direction then you may actually see a correction in the russian market. so for now join me in just under one more here on r t thanks for watch.

you're. the official. i pod touch for me. smiling. in the registry.