the affairs of a of a sovereign country so that i think that what is that state here is something far more fundamental which nobody nobody is really mentioning at least in the media this is part of the battle well oil libya has three point five percent of global oil reserves twice those of the united states it's one of the major oil producers it supplies large amounts of oil to the european union its national oil corporation is a bone of the twenty five largest oil companies in the world and what is involved here is the back of the book or else it's so you know so you can see odd to start that but what happens when that battle in effect is over whatever happens to get afy what happens afterwards what we see a further turmoil for those trying to control the oil fields there in libya or indeed an opposition trying to form some sort of government but competing against

itself i mean what will happen to all of this. well i think we we can't really make any statements that affect at this time what i think it is is all the drawing board of the painter god is essentially a fourth war theater in in the broader middle east all that african central asian region but the other three being palestine afghanistan and iraq and the geopolitical implications are far reaching it's essentially what is what the washington is aiming at is to establish a sphere of influence in north africa. establish control over these oil reserves which constitute billions and billions of dollars of proceeds with oil companies and on top of that and if we have to make if we have to make some predictions we can make certain predictions the impacts of this crisis are

devastating not only on the libyan people but on all the entire world population why because oil prices are going by. billions of dollars are being made on the earth on the speculative bets in the in the commodity exchanges and this has been going on for several months. the impact on the peoples' lives is devastating because if you have a an increase in the in the price of crude oil this will trigger bankruptcies in the real economy it will compress the purchasing power of people throughout the world we're seeing it actually in many western countries in the united states that the price of the pump has gone up in california support of four or four dollars a gallon so that we must understand that this is a project of conquest it is not

a humanitarian undertaking it is applying. strategy u.s. and nato. public opinion has been misinformed ok. on what is actually going on in this country we shall show that off very interesting to talk to you thanks very much indeed for joining us director of the center for research on globalization from canada joining us there live in montreal thank you very much. well coming up in just a few moments differences of opinion over the libya crisis top the agenda. joe biden. as the vice president of the united states arrives in moscow the big question is will the two sides be able to reach a mutual understanding of the situation in libya. that's still to come but first

several british universities have come under pressure over their controversial links with the libyan government public and private donations from the gadhafi regime to the london school of economics has forced its director to resign one of gadhafi sons started at the university and. has more now from london. more details of these connections are emerging all the time the most recent one is another son of gadhafi is his fourth son who was taught at the school of oriental and african studies also known as us the us then following his student ship that announced a very lucrative deal with a libyan university where they would give him two hundred fifty thousand dollars in the region or to teach a finance course in libya we also know of course about saif gadhafi he went to that under school of economics l.s.e. he received a doctorate from there and then his foundation donated two and a half million dollars to the university the director of course of the university has stepped down over the revelation of that donation and we've also heard another

university that has declared its links with libya itself ahead of the media finding out that's liverpool john morse which has money donated from libya to run a business school also a health faculty and a neonatal care facility so this seems to be quite a lot of libyan money floating around in british universities there's a wide range it turns out all for and sports giving money to u.k. universities and according to a report by the center for social cohesion many courses at british universities wouldn't be able to run without this money. include iran saudi arabia and china and i'll just take you through a few of them iran has donated a total of around a quarter of a million dollars across major universities in the u.k. darren. and so us of course that we've already heard about. who is the head of the arabian studies program at durham university and he says the event organized under the auspices of the deal that they have with the iranian government was monopolized

by pro ahmadinejad's speakers and he also said that money from iran comes with strings attached so there is this enormous amount of concern about this money and how it affects academic independence and freedom of thinking at british universities. saudi arabia has given a total of in the region of sixty eight million dollars to british universities in edinburgh and cambridge they've used that money to build centers of islamic studies and a saudi prince is allowed to then choose members of the management committee at both centers china also around a million dollars used to form cultural and language centers again so sheffield university and the university of edinburgh have benefited from that money and the chinese government refers to those centers as part of it foreign propaganda strategy so really a wide range of money the same suspects in terms of universities appearing a lot but big powerful and important universities across the u.k.

receiving money routinely from governments. there in london and you can always have your say on the stories we're covering on our website and today we're asking who benefits most from the wave of riots in the arab world to be good to hear from you or have to do is log on to r.t. dot com and express your view. libya may become a boon of contention between russia and the u.s. america's vice president is now here in moscow and he'll discuss the situation and the issue which both countries so far don't see eye to eye on joe biden is also keen to push for the warming of relations between russia and the u.s. with the reset button facing a serious test. of the latest details. this is the first visit by joe

biden to russia as the vice president of the united states a lot is one he's going to meet with the president of russia need to be a different prime minister i do includes him as well and the reset of relations between russia and to the united states has been going on for around two years now there are definite signs of improvement and the building of friendly ties but nevertheless the views of each side on some key international issues remain different only beer is no example is no exception soon so the united states is supporting the idea of getting involved into the a sit in the situation in libya specifically the idea of shutting down the libyan airspace which in reality would mean of the libyan planes could be shut down if they take off if this burn is in force and also libyan anti aircraft systems could be neutralized too to make it safe for me to pilots to patrol libyan skies

a rush on the other hand is against all interaction into the situation so we'll have to wait and see if the two sides do to keep boarders will be able to reach some sort of a joint understanding all of this issue and if joe biden's visit will continue this tendency of a building course and from retirees. russia's republic of chechnya once and for military conflict to stage a prestigious sporting event president eleven from the republic suffered a narrow six four loss against some brazilian world cup winners in artie's tom barton watched the match for us. the atmosphere here at the terek stadium in grozny the chechen capital is certainly very intense what is a friendly football game the stands are absolutely packed they were actually people spilling out of her the size of the stands earlier on as everyone pushed to to get a space to see this game game as you can imagine poured in not almost breakneck

placed on it you've ever seen but certainly not without its excitement quite a few misses unfortunately some of those from runs on can tear off a meter and change syria itself although we did nice to score a goal in the first off eventually this certainly ranks as one of the more old football games in footballing history i take it five years ago and you certainly wouldn't have been imagining brazilian all star veterans team coming all the way to change it to play a football match five years ago this city was basically a flattened ruin the remnants of a decade of conflict stretching through the late ninety nine season into the two thousand is certainly a troubled legacy there and one that a lot of work is going into trying to repair the city and if this game does show anything it shows that now even if it's just this brazilian team they have the confidence to come here and play a football game under that rebuilding has clearly had some effect. tom but

reporting there from time now for the business with dmitri stay with us. i. know you want your business is good to have your company oil prices remain high as tensions in libya persist however it's more of a risk premium with no real shortage seen so far that's according to dave. global oil director from platts agency whether you're talking about suzy a libyan or any other countries bahrain for that matter or oman even though people target the loading areas and even when they can the production areas there's more than enough supply out there of crude oil in the market right now so the supply demand scenario is actually fairly stable and also the kinds of production we're talking about losing right now libya is down by a hundred thousand barrels a day or so which are you are losing a million or so barrels a day of production and supply in a market that is eighty five or even ninety million barrels a day of supply because so much is so so far the impact is limited the question

every one of the oil market is will saudi arabia have its own problems to worry about over the weekend so that that could change the picture dramatically both from current supply and demand and going forward as well soaring food prices are keeping the world central bank is worried as they try to get down inflation low crop stocks and poor weather conditions other key factors were just sending costs up but analysts hope the markets will stabilize by the end of the you've seen a very very solidly secular up train across our country commodity prices for the last twelve months and a lot of this is really come on the back up production side downgrades. by the conditions in the environment to a demand has bounced back quite nicely after the recession and we're also finding ourselves in if you do which is being characterized by thin wintry that is so this do a lot of uncertainty in the market and with. you know and so thin you are going to see the markets reacting quite nervously but we do expect a moderation in terms of agriculture prices in the second half of this year so we do think a lot of the good news in a sense is already in the price. foreigners who try to make

a living in russia of low realize that for all its ups and downs doing business it can prove very profitable does that sound a bit ago has been following the progress of one french on children or whose life has turned distinctly rosy. they like the fuel and fringe this like see. they do something i try to do it's a different way flow around us grows roses with and on your soul twist it smell it . like intriguing smells with intriguing prices it's a niche market anyway. so you would buy maybe five normal roses and would you would buy one of these and here is where this french business woman built her business it's in and we don't have no it's really in the me that of nowhere. it's a small village two hundred kilometers away from moscow first of think you say ok

russia is very big as there are a lot of fields and you can go anywhere but it was so in the laws of this country and one of the law you don't go just where you want you go where you know then though it's like a very very small country even split up and france florence bought land and built a one hectare greenhouses and heron vestments doubled to six million euros much to her surprise in russia you have to go through space showed entities that have a license it can double your cost just because this company can work and and especially cannot work her remote location caused all sorts of problems lack of utilities construction delays i'm on god those once you finally sold her fell throws us two years ago how main problem had people unwilling to work it's not only my problem what can be the motivation for people who. definitely you know it's

not the money only it's well. we have. a higher than average salary you. and. this is not. it's maybe it sounds pompous but there are heroes in ordinary life a foreigner comes to russia and tries to produce something interesting here fly around says help project should start paying back in about five years she plans to expand her business with the dream off offering a tailored service for exclusive clients i can mean that she. has. risen for the eighth of march for example it is definitely a good. business man but it can do both its wife. and

mother the unique rosie that will be on the union and it's valid in the world and would be good but i didn't name. its wife or florence has been in russia since the ninety's and she has now learned how to do business here i do know this problem like. it. was. nearby. had only video by i don't have problems and not maybe part because i'm french is in the room and because they think they. may be maybe part of it is. right are things that are particular in the rooms you live or french businesswoman making her way in russia and that's up from the business team for now the headlines are next to stay with us.

we'll. bring you the latest in science and technology from around russia. we've got the future covered. download the official t.

application on the phone i pod touch from the q jumps to. life on the go. video on demand ati's minefield costs and r.s.s. feeds now in the palm of your. questions on the dot com. for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers. if you just joined us for a warm welcome the salty life here moscow top stories this hour the opposition reportedly offers colonel gadhafi a way. of libya amid rumors of foreign military intervention the u.s. defense secretary that is close. to the

tripoli front massive support for gadhafi in the libyan capital to international headlines that he's isolated and close to defeat. a new links between the u.k. and libya's government revealed several british universities are on the far from gauging with the gadhafi regime through receiving controversial cash donations. to bring you up to date for the moment i'll be back in fifteen minutes with another recap in the meantime we talked to a leading political analyst from the carnegie endowment about the last in consequences of the current turbulence in the arab world and that interview is next . on the heels of the regime change in tunisia came popular protest movements throughout the region for more on this and other events making headlines joining me is deputy director of the russia and eurasia center at the carnegie endowment

matthew or john skate hello thank you very much for joining us there at john scheme so how do you view these powers shipped in the greater middle east well i think it remains to be seen how much power actually shifts what we know is about some of the longstanding authoritarian regimes in the middle east are probably going to change .