russia steps in to try and mediate the libyan conflict moscow prepares to host girl could obvious and voice but rebel representatives failed to turn out citing only technical reasons the. doomsday dominoes for the e.u. state looks like the next possible victim of your crisis after portugal's massive bailout package is unanimously agreed. and china is ready just by stopping the space race making public an ambitious plan to launch its own orbital station through rival nicette.

this is r.t. coming to live from moscow with me or in a joshua welcome moscow will host talks with and voice of entrenched leave you leave your model gadhafi later on tuesday with an offer to broker a ceasefire in the country representatives of the rebel group raman ghazi you were also doing the russian capital on wednesday for a separate meeting that visit has been postponed for what's described only as technical reasons our discussion is our has more. force has always explained its position on the ongoing conflict in libya very carefully and clearly it's always been against the violence it's always been against the coalition intervention let of course by the united states and several european members of the north atlantic treaty organization it's call for an immediate cease fire and frequently and repeatedly asked both sides both parties. it's of the conflict to lay down their

arms and sit down to a negotiating table in an attempt to find a peaceful resolution to the ongoing in very bloody conflict in libya russia has now stepped up the offer to become a mediator in the process of negotiations the russian foreign minister sergei lavrov say you know russia does believe it could be effective in bringing about some sort of a resolution. russia is ready to maintain dialogue with anyone who is very interested in the quickest end to the bloodshed in libya and switching to political negotiations we support the african union initiatives aimed at a cease fire and beginning dialogue and reaching a national reconciliation to further that effect the russian foreign minister will be meeting with representatives from duffy's government in moscow and hopefully attempting to enforce once again the necessity of this i don't media cease fire and end to the conflict ongoing conflict in libya we know that representatives of the

rebel government were also supposed to be present in moscow that visit is not going to happen now and according to my colleague and they check out in washington there are some clear cut reasons for why the rebel government might not be interested in a ceasefire washington's perfect manually via manoj abram the leader of libya's transitional national council leapt in study in the u.s. for years and on his latest visit to washington he didn't fail to show how devoted he is to american values we. really believe and we really aspire to that oh what a mess it will be across them going to come up like that who are really here to join hands to build a democratic could be and the libyan soil and washington they join hands with those seeking to replace good aki and take over power in the via to help prop them up the us pledged to funnel billions of dollars of could up it's frozen assets to the transitional council i am currently drafting legislation at the request of the

state department and the administration there will authorize the transfer of available cash assets to the council because support from washington comes not only in money and tomahawk missiles but also in military command one of the commanders of the libyan rebel army is gen calif i have heard a long time khadafi defector he lived in a launching. been sober for the last twenty years just minutes away from cia headquarters although any intelligence connections have never been officially confirmed at the moment we have cia operatives all over eastern syria nika cia agents all are there even before obama recognized and. used in libya along working alone cites french intelligence and british s.a.'s as well they are manipulating the agenda of this transitional council some analysts say the u.s. is using the turmoil in libya to propel him to power people who would be loyal to

their interests you look at this collection of gibril joe. and after these people are foreign agents they're nato stooges they're they're completely controlled and they will never be able to assert any kind of independent autonomous in libya the risks of the proper regime and that this will degenerate into chaos and number of leaders who were propped up by washington have faced popular discontent in egypt hosni mubarak had been extensively supported by the u.s. the backaches despite domestic disapproval of his policies yemen has seen violent protests over the rule of its president who many believe has managed to hold on to power only things to u.s. support and the government of hamid karzai in afghanistan has been struggling with public discontent three years the u.s. and its allies will go into the style which some sort of a regime that we approve of but the process is not going to be

a democratic one and in the long run the odds are overwhelming that the libyan people will reject the regime having clearly taken sides in the libyan civil war washington is now seeking to forge strong ties with whoever might come to power there but analysts say such an overwhelming support financial military and political never comes without strings attached and benefits like not reporting from washington r.t. . on the ground in libya a nato airstrike cause fires at the security services building and a half years of the country's anti-corruption agency officials claim the coalition was trying to destroy files link to corruption cases against the rebel leadership the two buildings are close to the residence of levy leader moammar gadhafi which has been constantly hit by nato bombs british investigative journalist. it's not good out to be targeted by the aligns itself. nato has shown in other campaigns around the world but it starts off with this sort of pretense that they want to

have a sure shot war and what it happens is it turns into a long protracted. war where actually who does right out of this the military industrial complex these massive military companies who are supplying all this weaponry tonight oh and the people who do best out of it and in fact both sides. military can't be sure both sides do well so i think that i don't think that the nato side really want to make this a sure thing at all they actually would like a long protracted conflict and they would like ultimately to take control of libya's oil and libya's finances which is what this is all about we don't see gadhafi going into foreign countries invading them bombing them attacking them we don't see these long protracted wars carried out by colonel gadhafi i think he's the least of our problems and we should see tony blair and george bush in the dog at the international criminal court. well still to come here in our team a spacetime table. the chinese hoping to land

a man on the moon by twenty twenty five and a model mauls boy twenty four see china joins the space race with an ambitious plan and looks ready to offer some stiff competition to the other superpowers. and a variety of finds itself far away from home a fisherman in southern russia reels in a dangerous catch. you finance minister unanimously backed a one hundred ten billion dollars bailout package for debt stricken portugal the ministers are also to discuss extending loans to greece which despite already receiving a one hundred fifty five billion dollar bailout is in no better shape and there is growing concern that spain one of europe's biggest economies might soon need a financial lifeline of its own. ask away. the eurozone is in serious trouble there's a storm of controversy already growing over the seventy eight billion euro rescue

package for portugal which has just been agreed by the finance ministers of the european union here in brussels several states have already come out and openly criticized finland being among them and one dutch m.p. here told me it's really not the job of the prudent states in the european union to be rescuing those countries which have been more ridiculous for example portugal now the i.m.f. the international monetary fund is supposed to be coordinating this rescue package it's also supposed to stump up a third of that cash but its head dominique strauss kahn has just been arrested on sexual assault charges in new york so there's two more there as well greece is a country that's already received the bailout but it's already asking saying it needs more cash now we're it's clear how taxpayers across the rest of the e.u. will react this time of economic difficulty to having to bailout those countries and the belgian foreign minister here the belgian finance minister has said that he

really wants to see greece sorting out its problems first before it gets more money now the four critically ill economies of the european union and known as the pigs that's portugal ireland greece and spain for the biggest economy and therefore of the biggest concern is spain is really growing concern over the economic situation there we've got horrible statistics local most one in two young people in spain are out of work a question is being too big to fail that may be a saving grace that the euro zone countries simply called forward to let because country as spain go by the wayside and fall as well. ambush of there and reckless susteren a concert aren't going to preserve al already thought of europe that's according to reuters and there is a member of the european parliament from portugal and also got to write these on the wall says the euro susi see europe crisis starts as the original seated ease

with the outside the actual weakness is that the euro itself he said incomplete experiments the other one says that we can forge our way out of this through austerity and that we can service our debts through such budgets but i think that ultimately will carry the response is it is reality despite the security unsustainable so it will break the back of the camels sooner or later and you know it should be sooner that the european governments especially france and germany is once they recognize that we have it's. the u.s. has reached its debt ceiling of fourteen point three trillion dollars and is now making emergency cuts to avoid defaulting the government is likely to take loans from two pension funds to help keep it afloat for a few more weeks earlier this year the i.m.f. warned washington it urgently needed to deal with its national debt congress is now

negotiating with white house to see what america can borrow that's a banker told me the country doesn't have leaders brave enough to tackle america's crisis what all this will amount to is eventually the death of the dollar you know whether you know these places and have a revenue problem we have a real spending problem you know the doctor mark probert said you know we're really in the end game here you know unless we really start to rebalance ourselves there won't be anyone to show up the treasury auctions you mean this isn't a bad way style economics pretty soon if we don't get this issue in order no one is going to be showing up i mean what kind of message are we really sending our creditors here i mean if you are the leader of a company whose trip is come and it's just about every quarter i mean do you think your creditors are shareholders will continue to finance your business i mean what this will amount to is a decrease in standard of living if we don't raise the debt ceiling but that's reality you know we're broke i mean the woman has already been raised ten times over the past fifteen years and meanwhile the national debt has tripled and it's clear that these politicians have no real intention of going to the real

fundamental issue at hand and that is we're overspent and we're over leverage here as a nation and it's clear that they have no intention of paying this without monetizing you know from going to the tax evader himself to me gee you know we don't have a real leader out there was really really ready to talk about the real issues at hand here the u.s. dollar has surged recently sparking speculation over what's causing it and as always our tease next kaiser has his own take on the situation all the way at scales from wall street and around the world with kaiser report coming your way at eleven g.m.t. . the thing about the dollar it's enjoying a bit of a balance recently. exactly to the moment when been logged and spectacle a stunt simply guy and shot violence films at eleven america state sanctioned terrorist blood guts pentagon armed military conflict the military industrial complex i.e.

you are you d s it's a huge splatter fest that we've seen which is the basis for the rally in the dollar there's no jobs or there's no manufacturing there the only thing backing the dollar is friggin states tension terrorist acts that's what the polls all about. now let's take a look at some other stories from around the world that have the international monetary fund remains in custody in a new york jail after being refused a one million dollar bail dominic's trust god pleaded not guilty to raping a hotel maid but the judge said he was a flight risk the sixty two year old who was arrested on saturday was the u.s. favorite for francis' presidential elections and well yes played a crucial role in organizing rescue packages for troubled. pakistan will return the debris of the unmanned helicopter which went down during

the raid on a solid backlogs compound the chopper is thought to have been equipped with secret stealth technology the american seal team tried to destroy some parts world later gathered by pakistani troops. shuttle endeavor the blasted off from cape canaveral yesterday has successfully reached orbit on its sixteen day mission it will reach the international space station on wednesday delivering a two billion us dollars cosmic ray to tap there that scientists hope will help them discover the origin of the universe the flight was initially scheduled on april but was postponed due to problems in a power unit nasa is about to end its thirty year old fellow program and its last project the shuttle atlantis is expected to launch in july. just as the u.s. comes back on its space program china has announced plans to put its own space station in orbit the sixty ton construction will be almost seven times lighter than the international space station if all goes to plan it will focus on experiments in

space however the involvement of the chinese military is causing some concern. paging space city opening its doors to the media as china announces its intention to build its own space station by twenty twenty to rival the international space station and while some see chinese advances in space travel as a potential for it officials here are keen to stress the spirit of cooperation they say is behind china's space program done and will on that we're looking forward to cooperating with other countries in the field of space exploration and we're also looking forward to having more countries doing its work that we can promote the common goals of mankind i'm going to sleep for the moment though china's space program is doing very well on its own since becoming only the first country in the world to send a man into space in two thousand and three the chinese also carried out the space walk in two thousand and eight and the country isn't going to stop. trying as

extraterrestrial ambitions go far beyond the launching of the space station the chinese hoping to land a man on the moon by twenty twenty five and a man on mars by twenty forty an ambitious timetable by anyone's standards. however it's the very speed and nature of china's space program that has some including the u.s. worried most of the tens of billions of dollars that the chinese have spent on these projects has come from the country's military budgets and with china's downing of a damaged weather satellite using a ballistic missile back in two thousand and seven some are now talking of the potential for a new space arms race. janus is developing its space program like any other superpower this technology is the most advanced and most keys during peacetime but if needed some technology could also be. chinese officials deny the country's manned space program has any military uses

several european countries are expressing interest in using any future space station for research. and jim says but it's currently working with russia on its mission to put a limit on malls and remorse and faulty aging. europe is another space power with growing ambitions despite economic crisis the continent aims to increase its missions to orbit and beyond r.t. talks to the european space agency chief lawyer this hour. what do you think were connection a flight to mars we have a look. on planet earth. on the tools. but mum's post about it but it's. an important part of space because us hundreds are the best combustible space on planet earth and the future of or of the world we are working together there is no more mission that will displace mission.

and that's coming up in about five minutes before we had to business a look at a rather unusual catch a russian fisherman got an unexpected taste of the amazon when he hooked after rania to three surprise was a long way from home at star was probably raised in a nearby area before finding its way into strange waters and this catch of the day was lucky because it was kept as a trophy and not turned into a fish so well locals say letting going to handle a vicious specimen into the river is nothing short of holguin isn't but haven't yet put out any signs warning be aware of her audience. time now for a business of bait with katrina. hello welcome to assays business person for this hour b.p. and rosneft chance want an optic exploration deal appears to have collapsed at

least for the time being sources close to rosneft say it's taking the proposal off the table and will be looking for a new pot to explore yacht to shed some light on the story i'm joined by our team making methadone catalogues making how are you. can you tell me is that it is this was you know. it's actually hard to say considering this time being nice to roll snapped according to sources course would buy into by sources close to the company is dropping out of the deal because the deadline is we're past the deadline for the deal between b.p. and go snap and says according to that source that the conditions which were imposed by a all the russian shareholders in t.n. k d p that's a russian british joint venture which looks actually does deal or not because russian on the share swap well unacceptable and this is why it's not going to be extending the deadline this is not an official statement of course from the cop but

he this is still getting the repeats reported by interfax according to sources close to the company at the same side b.p. in a statement has said it will continue to go see asia's withdrawal steps so it's really hard to say waiting for an official statement from was that what's going on but according to that report from the facts the company will now be looking for other companies to participate in the arctic exploration as it is absolutely legally open to do so and thirty were actually heard if you could see action who used to be chairman of the board of ross snapped and is the first deputy prime minister of the russian government saying that in case of these this deal is actually abandoned rostam just legally open to housefull demand compensation from both b.p. and pay off so. this is this is what we have right now waiting for an official statement but according to previous reports the companies have tried to ploy the

washing shareholders in c m k b p they've offered. up to thirty two billion dollars according to reports of oil the russian of the state of the russian sheldon's in p.b.b. which is a big premium to the market price but this proposal was refused and therefore negotiations are still. paul thank you very much for the update to make a move obviously keep up to date as we get any official word but keep you informed thanks now let's take a look at the markets oil prices have dropped again this hour amid concerns greece's debt crisis will prove european growth is turning to a seasonal japanese nikkei closed slightly in the black however tokyo electric power lost more than eleven percent on concerns over compensation payouts after the recent disaster and it's because she medine chief nuclear plans and hong kong's the stocks are under pressure with property developers and some vang's among the main loses. european stock markets moved lower in early trading after a week closed for wall street and as worries over european sovereign debt remained

in focus however vodafone she is one point four percent in london after reporting annual revenue above market expectations. and here in russia the markets opened in the red with by c r z s and m i six down around two percent. let's take a look at the end of the video share moves on the my six now precious metal miners are on the rise as gold price reversed on losses poly metal is up four percent this hour meanwhile shares of rosneft and t n k b p are in the red on the news that they share small agreement has collapsed. russia's equity markets have seen significant falls in the past few weeks upbeat western asian capital does believe a rebound is on the cards once the shift back to less risky assets diminish its. eventually there will be a bounce back in particular you know looking at a car and oil prices and hundred ten dollars per barrel whether my sis is right now where it was the same level a couple of months ago there was eighty dollars so you know there's some kind of

level that we need to talk about when it comes at all price but i think rather than looking at the world price right now people are looking at global factors i do expect us to see volatility over the next coming weeks and i think the trend will be on the downside maybe for another week and then of course rick in the summer months when you know anything can happen we have very active summers with a very sort of some of the talk of love when it comes to correct which is i think in terms of the emerging market universe what is interesting right now is that there is a shift back towards development it was sort of a couple of months ago as well. as we have risk aversion on the rise i think it's very easy to make the argument to stay in more liquid or more sort of what is perceived as less risk in risk in markets. russia's power generators are struggling to attract investments promised to the sector and a massive privatization program in two thousand and eight the man hasn't quite grown as expected and the state keeps having price growth the country's third

richest man you care for progress was reported to be yet another investor looking to get out of the sector his annexing group bought a half of the generator t g k four before the crisis for almost one billion dollars mistake is worst now less than half that but progress says he is not planning to sounds as yet. the last gulf war you want to be with this company is always tricky as you conversant we have a program to put drop political solution by twenty two teams a lot of companies come to us and say they want to buy some say they want to swap shares we're not rejecting any body of their investment program might be more interesting for all shareholders but we don't have any concrete officer now. well that's all the latest business for the sound bite show we'll have more for you and just under an hour's time stay with us.

repairing a broken nation. highway construction and humanitarian aid. but as shady officials forget the spoils of war it's the people who pay the price. profiteering here is no longer just down to drug trafficking above callisto and the

dollar. arts. it. took a look over. here to see street still keeps its secrets of the town's time to reveal the shipping to the soviet files and oxy. didn't start all of a sudden. it's a long story of destroying the living and their homage shops. there are constant

or something down here when they get done like that it's just there if you took every fisherman out of the water and you don't do something about that water. have attacked protect you can't attack the fisheries it's going to collapse nature's steps making way for the talks or does or does it look around museum and see the solar system obviously everybody here must be well off the income must be road systems great number that's true. and yet billions of dollars oil and gas state. real baby drill. one needs from there to plug some stuff and one of my freshmen consider potential areas for development in south atlantic and the gulf of mexico.

and. if the food. prices. sound from phones to. meet friends down sati don't come. in india geez available in the grand central shirts and the. president goombah. but what for none of beatriz old. taj mahal hotel charges some of her child.