goldman sachs one of the biggest u.s. financial energies throws away more than a billion dollars of levy's investments that's as american volvo's called it off the fair game for cash scams. emergency crews step out there a fire fighting efforts in russia's republic of mortier which has seen a spectacular but destructive artillery glow. and secure and no longer high tech russian firm says it's bypass the i phones much touted security that it's now offering to retrieve any information from anyone's phone for

a sizable fee. on the russian capital you're watching r t a marina joshie welcome to the program well before the middle east uprising spread to leave and the country became embroiled in civil war libya was a top international investor the country even had a one point three billion dollar fund. one of the biggest u.s. banks today the fund is virtually empty the result of high risk betting and there is little feeling of guilt amongst the american bankers. long before the u.s. led airstrikes against libya's moammar gadhafi the dictator and one of america's most profitable banks were firm financial friends in two thousand and eight according to the wall street journal goldman sachs offered could offer me the chance of. becoming

a huge shareholder only after losing in ninety eight percent of libya's one point three billion dollars sovereign wealth fund in just a few months they lost a staggering percentage i don't know how you'll lose ninety eight percent or something was that on options on the european banks and energy companies stocks plunged shortly thereafter but in any case clearly they saw a goldmine in khadafi when the fund controlled by colonel qadhafi nearly empty goldman ponied up offers to recoup losses according to the journal libya would get five billion dollars worth of goldman shares in return for making three point seven billion dollar investment in the securities firm libya agreed to by the bank's debt with the promise of a lucrative annual six percent return for twenty years gravely knew it was about. and there they were selling them selling these libyans

a piece of junk which was themselves libyan sovereign wealth fund officials are reportedly accusing goldman of misrepresenting investment deals and making trades without proper authorization but others proudly admit playing fast and loose with gadhafi is money american real estate and reality show tycoon donald trump boasts that he lied to n.b.c. the libyan leader in the past i read to them a piece of land he paid me well i don't know why deny any spirit where it was worth but all year after two years i don't do it amused why we should be doing this and over a new job we want to use the words corporation out of now critics say the libyan people stand to get screwed by wall street firms comments were very interesting in terms of the attitude that american executives and american officials have towards other countries need there to be screwed and he said it publicly and he. advocated

it as a policy and he did it personally due to frozen assets and financial sanctions imposed by the us europe and the united nations libya's sovereign wealth fund could arguably be forgotten about unless one of the world's top financial firms is housed accountable so americans have been demanding that for years without any success can't get docilely achieve what the american people and the american government can't or won't achieve i don't think so i think that they're going to get away with this you know big billion dollar boondoggle with libya just as they've done it with america goldman sachs is currently being investigated for playing a major role in the two thousand eight hundred top prices prices that cost americans millions of their jobs homes and life savings while on a military conflict currently divides the u.s. and libya uniting citizens of both countries is the financial game wall street has

made at their expense. artsy new york. and florida based investment banker bernie garman believes western banks have used in years helplessness to turn the country's investment fund into a toxic asset dumping ground all for a little profit. but when you have two percent of the world's oil supply you become a target the sovereign nation firms have been the target of some of the biggest investment banks worldwide the obama administration has created a criminal investigation that is now getting information our sources tell us they observe that the bankers were told the materials they were selling in the sovereign nation funds were truly bad assets they knew they were bad assets and they were moving them or their accounts and putting them on the accounts of libya and norway and iceland and that's a crime they give us our the resident asks is college education in the us really

needed and run the country stuck in a jobs crisis. i'm not going to say that the government needs to pay for it but i think people need to wake up and look around them and say you know it's not an accident that bill gates. emergency crews are of all soaring firefighting efforts at burning ammunition depot in the central russian region whether dition or equipment expected to arrive on saturday at least seventy five people have been injured after a major fire and military unit set off a chain reaction of artillery shell explosions our correspondent in a region appear oliver has more initially some thirty thousand people that need to be a votes. away from the area surrounding its munitions in the republic. now we're hearing that the first of those people been able to return to their homes but they're the lucky ones the ones that live further away from this facility the

people living very close to the weapons depo they haven't been allowed to return to their homes they won't be able to until it's been completely put out this fire that started out with weapons lots of very powerful very explosive weapons and he was being held we're hearing. one hundred fifty thousand tons all the weaponry stored at this facility the explosions that took place followed there left many people dozens of people injured many of them requiring medical attention now it also resulted in elderly people suffering heart attacks and dying now it's believed that the shock of the explosions that were going off that's what triggered those those fatal heart attack put into perspective just how powerful some of these explosions were they were the shock waves from them were able to break windows ten kilometers away the firefighters told us they had to fire local ice now this has been

a huge operation involving almost a thousand fire and many fire trucks as well as them having to call in air support using helicopters and other aircraft as these flames from the sky explosions how it's stopped they've stopped the fire reaching other munitions and being able to set those up for this fire and the explosions that followed it happen just look at the local area here because much of disruption to transport links trains having to be to be canceled in one place and busses was on with you howard on the transport system and also on the oil pipeline some of those that run through the area have to temporarily slow down or stop their distribution of oil or that's believed to be back up and running as normal great now this isn't the first blaze of this carrying that we've seen in a facility where munitions are being stored in recent times now in syria just last week a similar fire took place the president is understandably very upset at this situation

it's called for an investigation into it saying that if he discovers that anybody has proved to be negligent and that resulted in these fires and heads will roll. world as a system to military deeper fires in the span of two weeks a pattern use emerging the defense minister must report who will answer for that and how some certain people fail to draw conclusions will have to strip them of their shoulder straps so the latest from here in asia most of the people they are receiving psychological help some of them for the traumatic experience that they've gone through. to keep up to date on the story check our facebook page well we're where we've got a full length album to reveal the inferno and instant updates on the story clots right from the center of the disaster pictures brought to you by unmanned drones just log onto facebook slash our t.v.

news. the former bosnian serb general rocco logic has dismissed all of the charges of the u.n. war crimes court during his first appearance before the tribunal lodge called they died and against him one stress and obnoxious the former army chief has been charged with eleven counts of war crimes including the genocide of eight thousand muslims at srebrenica and nine hundred ninety five a second believe hearing will take place next month a lot of he was arrested last thursday after sixteen years and hiding them and as

the trial gets under way balkans historian the voice of mileage says there are still major questions eleven answered over exactly what happened at. this do you understand there were people to three were people who were getting shots there were people executed it's just you know she wanted something it's really it's you saying what you said on this many bodies you believe this should be how many movies. and be sure to believe in that assumption we're going to be informing you jenny said this is the crux of the problem you were used to be used to be shrunk morning to. be sure she probably couldn't go i don't know what's your stance you should. basically basically through just a geisha it is easier to reach the housing crunch from a rich frost missing pushes your portfolio in late july nine hundred ninety four like this you see this to all the people that are going to see in default your. life and this is not a figure of science to figure people did

a number of you can do the complete number of casualties from boston through guys going through two hundred fifty thousand one hundred thousand you know everyone over the past based in part it's to morrow and the number of eight thousand missing good spirits and it's near the reaction you can challenge sushi and usually not really did any sort of the fish in evidence that this is actually this number is actually accurate rob alliance deputy editor of the online magazine spiked doesn't think a lot of his trial will be just as the hague protests the interest of particular nation's civil war the tory is for being. terrible for there to be of atrocities for but i actually thought it would be even a regular war. to try and to. long after the event we're going to really try to judge you of the standards of normal thought i think we have to

accept. that the civil war but. short of many things about it that we're working very wrong but i think the whole essence of the war crimes tribunal is of the third for the call for the position of the west to to really give people a sense of justice for the tribe you know has no legal ground to exist and should be dissolved that's the view of one of our viewers in our online forum so you can go to our website to have your say on whether janell rock a lot at all get a fair trial at the u.n. war crimes court party dot com is the address where you can express your opinion on the matter. in one thousand nine hundred two dr ralph been stripped university of pennsylvania said what if i can take the gene responsible for growth in human beings and put it into amounts. are gone all the main risk

issues that. ninety five percent of all competent scientists in these fields are working for the produces side and only five percent. of the genuinely independent. there's not a lot of science that says train genic fish is unhealthy for people to consume which is what the food and drug administration looks at there's a lot of concern about the environmental impacts if the transgenic fish escapes what kind of horrible impact will it have on the rest of the fish population don't know what this might do to us or our children or our children's children in our congress here in the united states or our legislatures throughout the world you go to all these different laws tax laws and corporate laws what could be more important than deciding on the feminine genetic future of life on earth.

to live coming next to the border with gaza and egypt but also on the border of peace and war. and they are responsible not only for themselves. but also for their loved one. they are ready to take any risk. you're watching are the live from the introduction of a smartphone made a tremendous impact on the way people use mobile phones from simple e-mail to booking a holiday i'll now be down in the palm of your hand but with increased functionality

comes increased vulnerability and as are accusing iran of reports there are always those who are all too happy to share your passwords for a price. what does your i phone four know about you and who can access this information. even when i'm not making a phone call and just walking around with every step this won't track to my dear graphical location if i don't decide to connect to the wife or a hot spot in this nearby cafe my phone records start as well if i then decide to send an e-mail perhaps put in some private passwords all of that information is stored in a device itself and in fact this is a treasure trove of private data that's kept there for months and sometimes even years until now you could at least protect itself with passwords that were hard to crack but now a company says it's hacked the defenses of the i phone four for several thousand dollars they'll hand over all the data on any protected device. so we are

a force for good we don't just give the data to anyone we require people to fill in a twenty page form to say that they need it. displayed these reassurances many see the development as a cause for concern. for them to do this is a bad idea whatever do intention now they have created more about unity's for lawbreakers to access private data. the moscow based company which specializes in breaking down security systems for crimes have been police security services and relatives of people who died. that's a privacy concerns the crickets say if it was in them it would be somebody else but . we can figure out a way of the order of privacy all together whenever you go on the internet you are already revealing everything about to a so as it is becoming that's way with using your photos. look even though it has just one piece of advice if you do buy

smartphone make sure you don't let anyone else get hold of it either and of. may has revealed american employers hired the smallest number of people in eight months and that's according to the latest bureau of labor statistics and with the u.s. still tightly kras by the crisis there is increasing speculation washington will have to raise the debt ceiling but economist peter believes that will only make a bad situation worse but we have to do is stop borrowing all this money you mentioned earlier that one of the problems is that we haven't raised the debt ceiling that's one of the only good things out there that debt ceiling is still there unfortunately they're going to raise it we're going to go deeper into debt which means bigger problems and this is not you know the economists are describing this is the soft it's not it's quicksand and the economists who does this stop at these are the same people who wanted two thousand and seven so the u.s. economy had never been in better shape they didn't see this crisis coming right

never understood the probably us economy and they still don't understand them they think that government stimulus making problems better it is you know allow the problems to get worse and our very own new york resident has once again hit the streets this time finding out of it's worth paying for an education when there are no jobs. with today's tough job market is there worth spending hundreds of thousands of dollars for college education this week let's talk about that how much does college cost in poland. for free. any of this paid for it costs hundreds of thousands of dollars so broadly it's a problem. i get to con and and young people from all over the world are bought off on it and it needs to stop now i'm not going to say that the government needs to pay for it but i think young people need to wake up and look around them

and say you know it's not an accident that bill gates was so so maybe if kids took two or three years before they went to school and had a little life experience and then had some purpose to their study might make more sense. what is the we where hundreds of thousands of dollars even at that point i don't think so but i live on one year of accounting i took undergraduate. no use of dollars on that one because for a child who paid two hundred dollars for i own a business i hire the best people i can get if you're not if you have a college if you don't have a college education don't even come to my office and apply to what you where did you go to college i went to college in texas and you use what you learned every day absolutely do you think it depends on what field you're and possibly but let me tell you this without an education you just have a whole lot tougher time in life but we're also told that we all have to go otherwise we won't succeed. faster than. our choice not to go to

the community as you call it a time around if i see it needs a guy who's known to be way out of range and if you go to the top schools thing and he rich people can afford. it why is that don't do you think that would fetch us back over the long run in terms of what we can produce or it is. i think if you look around at your economy and the rich are getting richer and the poor are getting poorer and the middle class is falling away people are seeing the scene you really state in the deep doo new economy i think the american people are suffering the bottom line is that most employers still think a college education is important and ultimately it's their opinion right or wrong on that matter. if you want to argue let's not take a look at some other stories from around the world and yemeni president ali abdullah saleh has spoken to the nation a few hours after being wounded in an attack on his compound in calcutta solid gave

assurances he was well seven people were killed in the shelling while the prime minister and speaker of parliament were injured forces loyal to the president have been clashing with tribal supporters of one of the most powerful man in the countryside a lot of them are at least one hundred sixty people have died as a result of the conflict in the past ten days. germany has reported one hundred ninety nine new cases of the deadly e. coli infection in the last two days while the death toll from the mysterious outbreak has risen to nine thousand people cases of the disease have now been reported in twelve countries including the u.k. and the u.s. that the about two thousand people initially germany wrongly blamed spanish cucumbers as a cause which sparked outrage from madrid to do to the devastating impact on the country's fruit and vegetable exports. mexican soldiers have found a large buried stash of weapons thought to have been stockpiled by a drug cartel

a cache includes mortar shells assault and sniper rifles thousands of rifle magazines and even two boats the hideout was discovered near a ranch in a northern state currently the center of a cartel war. greece is set to receive the latest charge of a small to billion euro bailout rescue package after your peon officials said the country had met its requirements however speculations mounting it will need more money than first thought that's likely to be met with strong opposition at home were greek society has been outraged by the hysteria measures and massive privatization program greece is not the only eurozone country struggling to stay afloat right raising questions about the survival of a single currency so can the euro ride out the debt crisis and is its very existence worth the effort joining our he's crossed all clear today for the answer

. i think you should not think so much in terms of either with countries but more in terms of the political elite and. so of course the political leader france and germany and greece warned the euro to continue and of course also the banking system that the drone banking system the french broken system that they just lend to. bring sense of the problem. for german consumers this is a murderer and perplexed because this is not a very would be you. could import cheap or auto companies could be important for resources cheaper they could be patient cheaper and we were used by the location of houses much cheaper. so they are no losing and it would be better to trace the difference in the conflicts in these terms the political elite and bankers

versus. consumers. and. if you look at. the u.s. as. boasting that its troops in afghanistan have made good progress in training local people and the army to fight against the taliban are teams military contributor and getting herself however disagrees saying that the afghan national army was well organized before the u.s. launched its combat training mission and the country right on the eve of this scandalous un report above the futility of the war on drugs the washington post published a very interesting article regarding the hill battle on the us strategery view in afghanistan and the possible tempo and the scale of the us troops

reductions over there that article claims that have been a stand has never had a national army that is until the u.s. led effort to pioneer such an institution this is totally misleading if not outright false claim because without going into the discourse of military history it was a professional of have given national and military officers who range this summer revolution in one thousand seven to nine but that person the expansion. political military and economic and volume and in that country and after the soviet forces left afghanistan it was there so it would build trains and lead they have

a good initial army that staved off vicious attacks from which it had been across that pakistan ever been border. well there is always more on our website r t dot com let's take a look at what's lined up for you there right now. after a year in virtual space is the final home stretch for the man returning from the red planet. also an airless mutant rabbit born the year the crisis hit the shimon nuclear power plant causes an online frenzy sparking fears that children in japan maybe nest and lying to be born with different nations. that brings us up to date and to recap our top stories coming your way shortly.

he was traded to serve public interest to inform and to entertain. these days there's nothing easier than opening

a new media outlet but there is nothing harder than revoking its license in case of corruption. when just. santa. nanina in trouble. the problem is you can involve in a community where you have one large corporation controlling the daily newspaper radio stations television stations a cable outlet or you tell me that that sounds like democracy public opinion versus f.c.c. broadcast blues on a large. wild teens gone mad there are people suffering. how some take advantage of power that was given to the. secrets of big dirty money. on our cheap.