in serbia multis available in muslim higher frequency they are going to. japan is devastated by a massive tsunami all to the biggest earthquake in the country's recorded history tunnels and spewing to higher ground buildings and ships all of washed away in east ninety five people all of the dead of them rising if that's. the whole pacific region including russia's far raised his own tsunami alert is not siblings threatening to wreak havoc beyond the japanese codes. tremendous damage is done to jeff economy and also shock wave of sense across markets all over the world russia being no exception japan's nikkei going down to five week lows

more about twenty minutes time in our business from. developing news libya's grip by more violent clashes is colonel dunphy's pull things push the rebels has reported it time seems rockets and tank shells nato and the e.u. stand divided over libya with some demanding the resignation of colonel gadhafi all those urging foreign countries to stay out join me daniel bushell for all the latest from brussels later in the fall it's a. very warm welcome to this is our scene live from moscow one story dominates this hour northeast japan has been swarmed by a major tsunami caused by a massive earthquake the largest in the country's recorded history. least ninety

five people are reported dead but that figure is almost certain to rise significantly a train is also unaccounted for in the coastal areas affected by the tsunami missing out small business reporting all police in japan are also reporting about hundreds of bodies have been found drowned in the city of sendai the capital of the worst hit region the same area suffered a massive explosion at a petro chemical plant called the entire pacific region is now on alert the eight point nine magnitude quake off to pounds east coast unleashed a massive ten meter high waves which reached miles inland causing huge amounts of damage tokyo which lies some four hundred kilometers away from where the earthquake struck it's been all but shut down millions are without power and injuries are widely reported there a tsunami warning has been issued across the pacific including russia south america

the u.s. and. waves have already hit parts of hawaii. well earlier we managed to speak to two witnesses of the devastating earthquake who were in tokyo when it hits. she said i'm talking about it and it continued quite a long time so you know. it was like. however. if you should do so i would be you know what if you're going to be inside africa to sell out and for one hundred kilometer or eight doctor it's. still not clear how much damage it is but we've heard there was a tsunami is the cost to resign want you surely it is announced forty seven already killed there we expect that number will be increase them. usually

expected ask people stops and you know complete review scientific facts but it continues couple of minutes and then it continued to several times in one hour or so because. next week. we are not so you have to think so pervy area in brokering actually took place at the center experience the same types of years ago japan's government and many experts were expecting that we can see of asking is a capacity years old last time was nineteen seventy eight so actually happens or it was expected and i believe in japan's interim government and the local government in that region was not really what this is us. or russia's little islands that lie just i fear kilometers north of the japanese coast high risk of being hit by the

tsunami as well three metre high waves of reportedly already reached one of the islands let's get the latest on this from an article cannot ignore was the situation on the illinois what we're hearing about how the population there is dealing with the danger. a state of emergency has been declared in the entire state. region in russia's far east including the cruel island so of course i'm sure right here in japan's need for hood to be been hit by around three metre high waves which is around the height don't see one story building which is just much less than some of the waves that hit japan but still pretty significant and authorities there in safari region say that evacuated around eleven thousand people to higher ground and more on the high alert and more getting week before any type of scenario and this is despite the fact that no injuries were reported or no serious damage

has been reported as well there but just like i think in the entire northern pacific region at the moment everybody is on high alert and the situation is quite weary still when you go to what's the risk of the tsunami reaching russia's name now. well several hours ago. the. weather forecasts and just scientists were saying that there was a high risk all tsunamis in tsunamis reaching russian shores at the moment this risk has a lower down has decreased they see that there's a low probability of that happening nevertheless russia's president meeting with the defense has ordered all the local authorities and services to be on a high alert and be ready for a need type of scenario so similarly to money cleanup services are also on standby

in the became tired region at the moment as well the russian president has also ordered the emergency ministry to get ready to gather enough equipment and the personnel to help to japan. in this situation if it asks for help plus listen to watch the russian president has said. of course we are ready to help our neighbors in overcoming the effects of this severe earthquake a state of emergency has also been declared on our soil on the coral islands and the region is what we're all necessary measures must also be taken to prevent damage or loss of life the tsunami has already reached our shores and we must all be consolidated it's time i'm now ordering their mergence he's minister to present a plan of assistance to japan. according to the latest reports from of the emergencies ministry be already prepared six jets to go to japan if it needs

help including they're going to also transport this more well hospital if they needed older waiting for at the moment is an official request from japanese authorities ok got many thanks to you caught up with going off there are reporting for us a live on how they say. quake is affecting the sun the leverage of many things ok with the disasters already having as effect on the world's economies as well stars in the world's markets plunging let's get the details from our business desk and meet three. that's how dramatic housing market reaction been been dramatic of course on the final minutes of trading. stocks plummeted when the news came over of the quake and subsequent tsunami is also going to have a huge impact on the economy japan is a very important importer of crude oil and of very few resources and therefore

we're seeing world prices go down around three dollars this is having an effect on russian companies as well of the biggest damage is being done to reinsurance companies in europe because these companies are providing coverage for insurance damages and jefferies international is already damages to be around ten billion dollars at least warned out and around some of the time in business was an ok to many thanks for out of course we will be hearing more from you later in the hour. so here's the latest that we're hearing from japan of the tsunami sweeping through the northeast right now the government has confirmed least ninety five deaths that that number is rising quickly will japan's met office says the eight point nine earthquake was the strongest since records began one hundred and forty years ago in fact it's the sixth largest that's ever been recorded the japanese prime minister is calling for a spirit

a fraternity to help people through but experts are saying it's around eight thousand times bigger than the quake which devastated the new zealand city of christchurch only last month and there's nassib destruction as a result of the ten. or so which surged through japan carrying games we filled. as you can see there from those pictures taken a few hours ago now in a state of emergency one has also been declared at a nuclear power plant in the northeast of japan after its cooling system failed no way the ation nick has been reporting bumpy area around the plant is being evacuated while building of cars and ships are all swept away by the raging waters and there was also a major damage to the capital take him communication is crippled with mobile phone networks haven't been brought down the entire pacific region is now on alert.

and out to rob it jacob seems the professor who play history and culture out by rushing a piece and says she says the nuclear power stations are programmed to shut down cheering such major earthquakes but the risk of radiation remains. when the cooling system fails as apparently happened in one of the fukushima plants there should be other systems that other cooling systems that kick in so in theory this is the kind of safety procedures that will avert any kind of any kind of event any kind of nuclear bad but of course one system can fail and other systems can fail as well so what happens with that with the only danger is that these reactors have shut down so they're no longer generating electricity but of course remain very very hot and so those courts need to be cool and if the core difficulty systems fail then the temperature of the cores can rise and that can lead to

a variety of different sorts of incidents in which radiation may be released in the environment these plants are triggered to shut down when. they start attacking over a certain level so the big automatic and quick shutdown of the masses the first safety stuff the second safety step is the redundancy of procedures such as calling procedures so that if there is a failure there will be a secondary system. that look in so that no system is relied on a lot on. well kevin mchugh he's director at the australian science the logical center says there's major obstacles to predicting earthquakes. i would be surprised if there was a sort of in this region certainly other earthquakes could occur around the edge of the pacific we have no information that will allow us to. this is a very serious earthquake and i think it stands alone. we've certainly learned about earthquakes we know where they happen we know that there will be large

earthquakes around the pacific rim the question is when an earthquake of a particular size and i think we're no closer to that than we were one hundred years ago it could be quite honest and it's probably an intractable question and i think we shouldn't focus on trying to predict them instead we should focus as the japanese americans have done so successfully designing to withstand earthquakes a different approach i guess. we'll recap now of our top story the northeast of japan has been swamped by may just an army caused by a massive earthquake the biggest in the early a century and a half of the tsunami warning is in place for almost the entire pacific basin now the eight point nine magnitude quake of japan's eastern coast unleashed the bass of ten metre high waves which can reach miles in the causing huge amounts of damage

a train is still are unaccounted for in the coastal area hit by the tsunami but we do know that at least nineteen fun leave people are reported dead but that figure is almost certain to rise significantly remembered several strong aftershocks following the quake in tokyo which lies some four hundred kilometers away from where the earthquake struck widespread panic was reported as aftershocks were felt the capital's. that system was entirely powering leds. and of course we'll keep you art to date on what's happening in japan but some of the news now e.u. member states that among doing libya's moammar gadhafi surrender power the new is holding an emergency summit in brussels hoping to find a common approach to the libya crisis france has urged other states to follow it in recognizing the rebels' opposition britain so far failed to gain wider support and

then it will show is following developments in brussels. the later and some it's here are raising pressure on gadhafi his regime upon arrival dangler merkel the chancellor of germany says that good effort should go now that germany no longer recognizes the regime as the country's rulers president sarkozy of france meanwhile has called for the aerial bombardment of death be held parts of libya he called on the rest of the e.u. to officially recognize libya's rebels as the legitimate rulers of that country and compared libya with somalia saying that it had no leadership anymore and that there was no international recognition of gadhafi is regime italy's largest bank unicredit meanwhile has frozen assets held in its by libyan shareholders however there are growing concerns over the use of military force by nato the czech president says the establishment of a no fly zone strongly supported by the u.s.

and u.k. means war with libya but people should not think this is a simple solution and germany's interior minister went further saying there will be no action by nato militarily for the time being because in russia strongly opposes president sarkozy's proposal to. the libyan parts of it daffy held parts of libya and for mr of the country says it's categorically against the unilateral use of force by anyone. meanwhile his forces are pushing rebels out of more libyans hundreds of authorization find his than even back after tanks with rockets and shelf prolifically have more of the country. after a week of heavy fighting in the strategically important town of as is a we are rebels there have finally been overthrown by gadhafi forces the latest

reports we have from the town is that the city center is quiet that most people have deserted their hoods and that gadhafi streets are now moving from house to house carrying out a race at the same time the other focal point we moved to the city of ras lanuf according to libyan state television to quote him this city has been of al qaida supporters for several days now gadhafi is wolf planes have been pounding in particular residential areas in the east for the latest reports coming out from there the duckies forces are in control there too now here on the ground while it certainly does seem as if the duffys men are pushing back and winning the battle here on the international stage if the rebels who are really coming out in the front just yesterday france was the first country in the international community to officially recognize the rebels as the voice of the libyan people the legitimate voice of the libyan people as you can imagine this is angered people here particularly in tripoli we have been speaking to people they are confused and they

are angry with the international community's response now the latest report from the international red cross is that the country is in the midst of a civil war but again speaking to people here moving around the city don't get that sense on the ground and many libyans and i've been talking to make the point that the foreign media tends to exaggerate the situation often pushing drawn are ahead of reality it's take a look. there is a lot more haggling on the international stage over the merits of intervention and a no fly zone and the bargaining taking place in downtown tripoli market here closes early ninety's people are afraid and many of the africans used as fled the country and the argument that libya is on the brink of civil war the foreign intervention is needed to be cheering a little there have been several hundred people killed but that's not a huge level of violence it certainly isn't a global level of violence that would normally merit intervention gadhafi has

offered and sister foreign media but only if the camera lens is the day well away from any of the opposition but it is a similar picture in opposition strongholds dr ramadan break he was forced to close to the office of his newspaper because of pressure from rebels you have to print a version of events is all nothing. is going to the races and all the cities are controlled by the british and then given the people. what they think and what they believe and many did not support his fear that while he may be winning the war with the rebels he's using the information war that here in transit to other tricky with google noticed issues puzzled and angry i'm appalled at noosa new meat eating people in the town is futures. right. and life certainly seems close on the street.

as full conflict with constant climbing in the little media coverage and even missing foreign interests to intervene there are events unfolding right now in ivory coast where there is a conflict an armed conflict between rebels and the government but nobody seems to be thinking about it's only because fashionable attention is focused on libya we are a reason or. rather your oil. i think we'd be in a rock if there'd be a war there was broccoli as leaders meet in brussels to discuss the fate of the currency hundreds of miles away million libyans was it the images and built. turns. of the fighting in libya has left the country's ravaged or oil industry in the firing line both the striving for take control of production but without damaging it irrepairable e in the process for the advances of weaker reponse importers it might not care who supplies the oil so long as it keeps pumping. an oasis of stability in the

scorchingly been desert the country's all industry that prior to the uprising was churning out around two percent of the global oil output has also fallen victim to the unrest to group is the last major oil facility in a levy is still maintaining its regular ration zone sending all she world markets just last week tankers departed from greece all terminal one carrying and million barrels of oil that was bound for china and the other one fix hundred thousand barrels and board is now on its way to italy the kid deep in the east group was one of the first cities taken over by the rebels being far from the frontline spared this facility much of the damage that has befallen similar plants in the west and allowed it to operate pretty much as normal the only visible change is the rebels tricolor that replace the green levy and flag of the guard corps it plans management knowledge of course to the opposition leaders in ghazi we are working no

but have give us the i agree we see. what we know what we would do tomorrow because. we could not work we would hardly know maybe with somebody would bomb syria but it finally with the libyan band still paralyzed while dwyer's have to paint cash with the proceeds going directly to the opposition the plant also ships part of its output to other cities controlled by the rebels meanwhile elsewhere in libya oil facilities remain a danger zone. of the good after side and rebels have said publicly they will not seek to destroy oil infrastructure the long term damage is already apparent. on one of the areas winery in ruslan oomph of political point of recent clashes was set ablaze if you sides blamed each other for the incident. of anger

whether it's. well i mean ben how. crucial hugh export that would be to. you could be looking at a couple of near steel prices continue to rise across the road believe in government is undertaking yet another attempt to pacify railing crowds i believe in ponce a troll is now twenty five percent cheaper. to preserve the fuel price of you to simply be a sense before seventeen of going to simply branson has been to before the revolution the right to do today fuel was never particularly expansive and leave the air with experts accounting for more than eighty percent of the country's normal oil output the graphic government could afford lavish subsidies but the four in the mainly western companies pumping money in had law hatched on the stability of the libyan regime and now stand to lose out leave. no one point

six one point seven million barrels of oil a day most of it goes to europe these are processed in big refineries were broken wanting ruslan bills but as we know all these two cities are under siege at least one million barrels of oil out of the market starting this week so that's why the u.s. and europe are still best libyan oil is low in sell for and she makes it highly valued in the west because the fuel produced from it pollutes less and is these leiden so we go on that for decades kept western companies on sweet terms be together after a regime environmentally conscious politically nonchalant. r t two broke. the most cross our top story now in japan the northeast of the country house been swarmed by a major tsunami caused by are massive. it's the largest in the country's recorded

history at least ninety five people are reported dead but that think is almost certain to rise significantly police in japan or pollution that hundreds of bodies have been found drowned in the city of sendai the capital of the worst hit region with the same area south of the massive explosion at a petro chemical plant will the entire pacific region is now on we do know that waves have now hit how why the threat is not thought to be major and in japan the coast guard searching for another ship with eighty on food washed away by the tsunami that's a cool and a.p. will be eight point nine magnitude quake after pounds eastern coast on leash the massive ten meter high waves which we each moyles in and causing huge damage here

which lies some four hundred kilometers away from where the earthquake hit has been all but shut down millions there are without power was an army ruling has been issued across the entire pacific basin including russia south america the u.s. and indonesia as we've been saying waves have hit parts of hawaii but experts say the islands were badly hit the latest we have of the situation we'll of course keep you updated. and some news just in here not see a little closer to home there's been a lot of the north east of moscow reports suggest that a parked car has exploded on a street close to a metro station the interfax news agency is quoting witnesses saying there were two explosions well there were no reports of any casualties this of course comes just days after a similar blast occurred near the federal security services building out past start

while no one was injured then either more of course as we get it so do stay with us here our sarsi as promised now though let's take a look at the effects the pounds earthquake is having on the global markets that's cross saved me trill. thanks honest japan's economy is said to suffer significantly after being hit by the biggest earthquake in its history along with the massive blackouts the country's infrastructure is paralyzed and some companies like toyota and sony have already halted their old ration is it's too early of course to gauge the exact economic impact but japan's central bank has already stepped up efforts to provide ample liquidity however as you can see there japan's stocks reacted negatively with major losses in the final minutes of trading on friday the benchmark nikkei in a five week lows shedding one point seven percent the yen also lost ground reaching its lowest level in two weeks against the dollar falling afford to the tsunami

insurers were badly hit shares of m s n a v insurance company holding fell three point two percent let's take a look at the impact in europe now and european stock markets are also low on news of japan's earthquake reinsurers suffering the most these companies are issuing back up insurance to primary insurers so that this is them can cover large losses from disasters shares in swiss re and munich re down around five percent jefferies international is to make insurance payments will be around ten billion dollars most of it coming from real estate damage russian stocks are also declining this is we've seen because we've seen a massive drop in oil prices and which is russia's main revenue earner of course down a percent down half a percent take a look at some of the stocks despite the fall in oil price we're seeing energy stocks actually going up that's probably because the previous session saw massive losses were from lukewarm sperm bank is also shedding a percent that's after news that russia's largest lenders to acquire

a better bank for dialogue one billion dollars fine is take a look at the world price and massive drop the second day in a row three dollars for west texas crude two point three one for brant this is of call. because japan is the world's largest crude consumer and. q spreading according to local officials and of course pressure from macro economic data from the u.s. and china are also adding to concerns. and russia's federal customs service says the country's trade let's reach the sixteen point three billion dollars in january trade turnover was around forty five billion dollars that's almost a fifth more than in january last year and say hi all price of boosting the value of goods coming out of the country because of course high oil prices for january. ok well back to main headlines of course the latest of what's happening in japan with after this very short break.