goldman sachs one of the biggest u.s. financial entities admits to gambling away more than a billion dollars of libya's investment american moguls called gadhafi. game for sky. fire fighters have got to play second i mean if an adult go into russia's republic or would want to go with a child seen tonight so baby spectacular but destructive artillery shell. under secure no longer a russian firm says it's by far the i phone's much touted security it's now offering to retrieve any information from anyone's phone for

a sizeable price. this is r.t. live from moscow worse now i just started two pm on saturday rule research and welcome to the program well tokyo has announced it is freezing via quinto four point four billion dollars of colonel gadhafi assets in japan it comes on the heels of revelations that goldman sachs a bank involved in sparking the worldwide financial crisis in two thousand and eight gambled away more than a billion dollars that libya had invested in it and contrary to feeling guilty some american moguls are taking pride in squandering it will it be as much. 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 khadafi the chance of becoming a huge shareholder only after losing ninety eight percent of libya's one point three billion dollars sovereign wealth fund in just a few months they have lost a staggering percentage i don't know how you lose ninety percent of something it was a bet 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 all first to recoup losses according to the journal libya would get five billion dollars worth of goldman shares in return for making a report seven billion dollar investment in the securities firm libya agreed to buy the bank's debt with the promise of a lucrative annual six percent return for twenty years gave me knew it was about

hit into a nosedive 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 reckon from a piece of land he paid me we were there one night and he's there and where does rupert only gear up for two years and then i don't do it amused we should be doing we send over a new job we want to use the word screw up or a skirt or no. 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 their dear 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 held accountable to american said been demanding that for years without any success dasi 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 folks crisis a crisis that cost americans millions of their jobs homes and life savings while a military conflict currently divides the u.s.

and libya uniting citizens of both countries is the game wall street has made at their expense or in upper nile artsy new york. florida based investment bank i don't believe you said west and buying sort of used to libya's helplessness to turn the country's investment fund into a toxic asset dumping ground all for profit. when you have two percent of the world oil supply you become a target the sovereign nation funds have been the primary target of some of the biggest investment banks worldwide but the obama administration has created a criminal investigation it is now getting information our sources tell us they have good evidence that the bakers were told that 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 in putting them on the accounts of libya norway and iceland and that's

a crime. now nato has successfully deployed attack helicopters in libya for the first time british and french choppers are said to attack and destroy the road checkpoint and radar site it comes just a few days after nato extended its intervention mission in libya recent weeks have seen intensified ally strikes on the libyan army at the same time u.n. officials have accused colonel gadhafi of war crimes while also saying the rebels were guilty of similar use is speaking on american television russia's ambassador to the u.n. . says that libya must decide its own future and that's something that no intervention can force. there are indications that the low can start which will produce a genuine believe in political process if you simply keep dictating things from the outside by supporting the rebels by saying that this person has to go this person has to stay bringing somebody in announcing that some particular individual is legitimate the other is more legitimate then you have to the country just go ahead

on the job the country do not go to iraq in libya we don't believe that as a i was trying to say that is foreign capitals can determine who is going to lead the country and what is happening or going to happen there and there has to be a political process so our idea is that there must be a cease fire as we deport is possible because it can produce a situation where civilians are not going to suffer any longer. without a live from moscow to later this hour the president asks if a college education in the u.s. is really needed when the country is still stuck in a jobs crisis. no 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 hot. as a comment from the big apple coming your way shortly here now emergency crews and firefighters have finally been able to put out a massive blaze started i mean russia's republic of. however the number of

casualties caused by the fire continues to rise and are currently stands at seventy eight the blaze set off a spectacular chain reaction of artillery shell explosions something like out of world war three parties our correspondent in the region pretty hot. we're actually at the moment on the edge of the security perimeter that's been set up around this munitions holding facility we've seen helicopters and airplanes dousing the smoldering area around it there are no flames there we can see just now firefighters said that they had the situation localized it contained now from what we've seen we've been here this morning that is exactly the case they are few areas of the forest around with the storage facility is that are still smoldering but this they are not on fire from the sky there are however explosions still going off about three or four an hour now these on to the same type of explosions we saw from

the fire that started over twenty four hours ago these are controlled explosions being carried out by special forces from the supposal experts they've been working round the clock to make sure that any ordinance that was damaged by fire can be safely put out of harm's way and we've been hearing some horrific tales from the villages about the evening when when this took place. right now inside some of us who are still wearing our sleepers and nightgowns. i was putting on my jacket when i heard a shell rammed into the wall plaster began falling off i grew up whatever i could and started running. when we arrived we saw huge flames it's a massive explosions. now the pictures that we've seen from this this blaze when it was at its height the shells exploding all around some horrific scenes of course many people were injured some of those have been released from hospital some are still receiving treatment but this village is home to

a lot of elderly people when this fire started they they sought shelter in a basement and had to be rescued. but in many elders who hid embarrassments and were evacuated by risky teams we did took over and moved them to hospitals and evacuation centers and no one understood what was going on so everybody took out. this is the could just last week there was a fire in the curia in a similar type of facility to this one where i am now president dmitri medvedev has been scathing in his comments suggesting that two fires in two weeks is too many to be allowed if you don't think he saw a train was beginning to appear now he's promised a full investigation into how this was allowed to happen and his promise that heads will roll if he finds out there's any people in power were flaunting the safety procedures and our president has said this if any senior military personnel are found to be to be negligent they will be removed from their positions. right there

where you can keep up to date on this story just by checking out our facebook page and where we've got a full length amateur video of the inferno and instant updates on our story plus right from the center of the disaster which is brought to you by unmanned drones to log on to a place with a course called my slash start. is . with us here on this saturday it's good to have you with us former bosnian serb general roscoe blodgett child's dismissed all the charges of u.n. war crimes court during his first appearance before the tribunal what it's called

indictments against him quote monstrous and but noxious a former army chief has been charged with eleven counts of war crimes including the genocide of eight thousand muslims at. nine hundred ninety five a second plane hearing will take place next month but it was arrested last. they are sixteen years in hiding and as the trial gets underway balkans historian and mallett says there are still major questions left unanswered over exactly what happened about seven outs or. who were mistreated or people killed there were people killed in battle there were people shot there were people executed it's just that the execute i saw in its critics is saying well we found this many bodies we believe this will be how many bodies we will find any believe and that assumption we're passing the verdict in calling it genocide this is the crux of the problem we're going to use nobody's right mind including myself assuming that people didn't die. it's just a question of how many people died and what's your assessment should be to basic

basic seventy cruellest a geisha to figure each thousand comes from a red cross missing persons your poor filed in i believe one nine hundred ninety five this was a list of all the people that have gone missing. in july and this is this is not a figure of final status figure of people dead the number of it could do complete number of casualties and thought it was revised down to two hundred fifty thousand muslims alone one hundred thousand everyone over the past decade based on hard evidence that's been marked and yet the number of eight thousand mysie pushing dead in srebrenica has never actually been challenge officially and usually not really been any sort of official evidence that this actually this number is actually accurate. robert lyons the deputy editor of the online magazine that spike doesn't think that what it shows trial will be just as the hague protects the interests of particular nationals. civil war the notorious for being. terrible

for there to be of atrocities for the actions that would be a b. on the pile even a regular war. to try to. long after the affair and we're going to calmly try to judge you on what are the standards of a normal society i think we have to accept. that the civil wars happened. i'm sure that there's many things that. were very wrong but i would think the whole essence of the war crimes tribunal is the other side to the pole for the position of the west rather than to to really give people a sense of justice or. the tribunal has no legal ground to exist and it should be dissolved well that's the view of one of our viewers on our online forum for good on a website they can have your say on what the general run of blood is will get a fair trial of the un of war crimes court party talks obviously interest where you can express your opinion on the matter and many other issues as well.

within a mile of. one of the most extreme environments on the planet this is antarctica and people have to be aware that they are far away from civilization sean thomas discovers flight makes antarctica so special the detracted from nearly wild life in antarctica is both and flies an. expedition to the bottom of the earth or it seems. there are people suffering. oh some take advantage of power that was given to them. secrets of big dirty money. on our genes. for the full six we've got it

for. the biggest issues get a human voice face to face with the news makers. commissioning. couldn't take three. more judges three arrangement three. three. three. three volunteers all in video for your media projects a free media. tom. downey jr official allocation your. touch from the ups to. life on the good. video on demand teasing mind old girls and says feeds now in the palm of your.

come. back your with. the introduction of the smartphone made a tremendous impact on the way people with terrorism are our phones from simple email to to booking a holiday it can all now be done in the palm of your hand but with increased functionality comes increased vulnerability that is are things in court across that reports there are always those who are all too happy to share your passwords for across. and what does your iphone 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 my very graphical location if i don't decide to connect at a. nearby cafe my phone records as well if i then decide to send an e-mail but has gotten some private passwords all of that information is stored on

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 yourself with passwords that will hard to crack but now companies solicits hack the defenses of the i phone four for several thousand dollars they'll hand over all the data on any protected device. 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. despite these reassurances many see the development as a cause for concern. for them to do this is a bad idea whatever you do intentionally now they have created more about unity civil law is to access private data with. the moscow based company which specializes in breaking down security systems so far clients have been police

security services and relatives of people who died. as for privacy concerns the crickets say if it wasn't them it would be somebody else. we can figure. to see well together live you go on the internet if you want really revealing everything about your so much as it is becoming a dance away with using your for a. good look at their love has just one piece of advice if you do buy smartphone make sure you don't let anyone else get hold of it either there are no party in moscow just twenty minutes past the hour here in the russian capital and bear in mind as always more in our website that's politics dot com let's have a look right now and see what's lined up for you at. virtual space trip it's the final home stretch for six men returning from mars after a seventeen month mission to the red planet however the crew never really left. and they reap what you sow the profit became reality for local authorities and the

russian and you're also after almost fifteen marijuana plants took root in a flower bed right in front of their office. in. the month of may so american employers hire the smallest number of people in eight months that's according to the latest bureau of labor stats and with the u.s. still tightening grasp by the crisis there's increasing speculation that washington will have to raise the debt ceiling but economist peter schiff 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 the 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 the economist of describing this is a soft patch it's not it's quicksand and economists who think this is a soft patch these are the same people who in two thousand and seven said the u.s. economy had never been in better shape they didn't see this crisis coming right never understood the problems of the u.s. economy and they still don't understand them they think that government stimulus may have problems better it did it allowed the problems to get worse. very young and new york resident has once again hit the streets this time finding out if it's worth paying for an education when there are no jobs at. with today's tough job market is there worth spending hundreds of thousands of dollars for a college education this week let's talk about that how much does college cost in poland and college for free. any this paid for it costs hundreds of thousands of

dollars so broadly it's a problem. i get to. 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 self-taught 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 to be worth hundreds of thousands of dollars even at that point i don't think so i live on one year of accounting i took undergraduate. i wrote millions of dollars on that one cause which i only 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 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 theory 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 either way as we won't succeed. faster than straight. men are a choice not to go to putin as you call it a time around if i certainly it's a guy i mean is known to be way out of range and if you go to the top schools and you the rich people can afford it why is that don't do you think that would set us back over the long run in terms of what we can produce really is. i think if you look around your economy and the rich are getting rich and the poor are getting poorer in the middle is falling away people seem real estate in the new economy i think. the bottom line is that most employers still think a college education is important and ultimately it's their opinion right iran.

not as good as another international headlines for you this hour at least sixty three people are being killed in syria during anti-government protests on friday this according to a human rights group it's been one of the bloodiest days since the revolt broke out weeks ago the city of hama has become the latest center for protests with around one hundred thousand people massing on the streets and calling for president bashar assad to go government forces have renewed their push on towns that must register minded to the forty year old regime. kim has reported one hundred ninety nine in new cases of the deadly e. coli infection and just the last two days of the death toll from the mysterious are has risen to nineteen people cases of the disease have now been reported in twelve countries including the u.k. and the u.s. infecting about two thousand people initially germany wrongly blamed spanish

cucumbers as the course which sparked outrage from the majority into the devastating impact on the country's fruit and vegetable exports. extremely high levels of radiation have been detected coming from the number one reactor of the paralyzed fukushima nuclear plant in japan that comes after a robot probe was sent in on friday steam was sort of been seen rising from the reactors floor and power plant of course was crippled by the massive earthquake and a tsunami in early march despite all efforts specialists have so far failed to find a way to lower the levels of radiation leaking from the site. yes but today's a stressful life in the big city demands people look after their health more closely than ever things must go out our edition of business the russian capital's best places to charge the batteries. the fare must be sent to the nation in some of. its. branches

the happy dry and the most infamous. it's in the bush is the signature it's. actually. disputed it's the real. bit of pleasure and pain that you can see that in a few moments after a short break and i'll be back with a recap of our top stories here on scene. in

one thousand nine hundred two dr ralph minster at university of pennsylvania said what if i can take the gene responsible for growth in human beings and put it into

a mouse. gone all the main risk issues posed that there is a ninety five percent of all competent scientists in these fields are working for the produces side and only five percent. read genuinely independent. there is not a lot of science that says train genet fish is unhealthy for people to consume which is what the food and drug administration looks at there is a lot of concern about the environmental impacts if it transgenic fish escapes what kind of horrible impact will it have on the rest of the fish population we 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 legislatures out there will be vote all these different laws tax laws and corporate laws what could be more important than

deciding on the permanent genetic future of life on earth. more news today violence is what the sick and fled of. these are the images go and seeing from the streets of canada after. trying to corporations to rule today.