the. goldman sachs one of the biggest u.s. financial entities it throws away more than a billion dollars of libya's investments that says american moguls call khadafi fair game for cash. fighters have a major of legs and i mean additional debt when the russians republic go to europe which has seen its united sort of a spectacular but destructive volatility show however there are several small areas within the military units that are still said to be booked. and secured no longer a high tech russian of course says it's bypassing the i phones much touted security is now offering to retrieve any information from anyone's phone for

a sizable fee. he would r.t. right from moscow where it's now or just after three pm on saturday but it's ok it has announced it's freezing the equivalent of four point four billion dollars of colonel gadhafi his assets and it chapin it comes hot on the heels of revelations that goldman sachs 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 under contrary to feeling guilty some american moguls are taking pride in squandering it libya's. long before the u.s. led airstrikes against libya's moammar gadhafi the dictator and one of america's most profitable banks were first financial friends in two thousand and eight

according to the wall street journal goldman sachs offered me 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 lost the staggering percentage i don't know how you'll lose ninety percent of something it was a bet on options on european banks and energy companies who 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 gold and shares in return for making a report seven billion dollar investment in the securities firm libya agreed to buy the bank stat with the promise of a lucrative annual six percent return for twenty years gave me knew it was about to

head into a nosedive and there they were 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 kentucky's 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 where i were for one reason i don't know where to store it for the whole year after three years i don't get a lot of news where we should be doing we sent over new jersey we want to use the word strawberry scared of now. now critics say the libyan people stand to get screwed by wall street trump's 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 u.s. europe and the united nations libya's sovereign wealth fund are you pleased forgotten about unless one of the world's top financial firms is held accountable americans have been demanding that for years without any success can't get coffee 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 four crisis a crisis that cost americans millions of their jobs homes and life savings while a military conflicts currently divide the u.s.

and libya uniting citizens of both countries is the financial game wall street has made at their expense in upper nile artsy new york. for more on the situation in libya we're joined by political author john moore so we know that the attack chuck was of be deployed in libya why do you think nato is stepping up efforts because of the end of the day this is a humanitarian mission there. i don't see how there can be girlie military and mission there just thinking in the world. government let's assume goes no they're not civilians in the model that's obvious or along the line. but the un resolution one my seventy three says this is a humanitarian mission. there abiding by the resolution. well i think everybody knows we're not and with the same. version of the russian government. if you can see it in the arab league. it's

not even. maybe. not but if. you're saying that many people say it's obvious the u.n. resolution is redundant here those involved are going well beyond the parameters of it but a report this week said that both sides had committed war crimes so who's at fault here the west is out of that is to blame but the evidence could suggest otherwise yes and that's another problem such. as you see the. evening. i mean includes a second looking of course he was it seems to me that. the world i'm sorry can fairly see this what we don't know it was one of their own. consumption is the same way these ladies don't need concessions because they're making sorry.

we. all. make concessions because we need. to say that there are there are that's evidence that have both sides are after you side on the rebel side as well but what is the west doing in libya if indeed it's not abiding by the u.n. resolution one might. free to pursue work in monetary mission no the problem is that you see. this is. because they said you can take all necessary measures but what does that mean you can only see what they do. in measure and he's going to say . that the un is not following up on that they just want and of course now this from the beginning there was a question of the. needle goes and when there is a big problem for the seizure they have to. necessarily.

do whatever they need to. mean i don't see how. you're saying that nato could suffer a potential loss of face if it's not successful in humanitarian mission without let's talk about the endgame because russia is presidential envoy to africa is to meet with the rebels in. moscow had previously expressed its willingness to peacefully end the conflict do you think that's actually possible and how might the west view russians are. you know very well that the you. in simple and. easy in. beijing if you ask the west on relation when you mentioned the russian american population the way they go in the midst of the war immediately we don't have any interest in that one of the vast majority of people. who suddenly the. little problem is that you know the media and the government is. actually very small circle is not responsible to the

question of these low pressure on people going on the war but they don't do anything about either of those one last. thing so there's no influence on the population all the political parties more all the main political parties more or less. on the war so what's what can you do in the. it seems to me that there. winning and whatever winning means i mean maybe then we have. a lot of very many people out there who are drawing comparisons between the invention of military intervention in libya what happened with iraq and afghanistan now i think may have heard earlier in our earlier report that with news that major u.s. banks have been fleecing libyan investment with no intention of paying out it would seem the u.s. was engaged in a financial war long before a physical one wouldn't. yes that's true although i'm not sure that.

it can only because i think. we're also being. very. it seems to me that many counties have been you know on. the cynicism. and in the other. i mean when you see the cynicism of these people in any. other people. people who was not the right type of course. thank you thank you very much. for speaking on american television russia's ambassador to the u.n. for tally 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 personnel still state bringing somebody in announcing that some particular individual is legitimate the other is not legitimate then you have to go play country just go ahead on the country do another rock in libya we don't believe that as a i was trying to say that as foreign capitals can determine who is going to leave the country and what has happened going to happen there there has to be a political process so our idea is that there must be a ceasefire as quickly as possible because it can produce a situation where civilians are not going to suffer any longer. without a life from moscow and later this hour as a resident asks is a college education in the u.s. really needed in the country is still stuck in a jobs crisis. 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. has come it's coming away a little bit later here on c.n.n. our emergency crews and the firefighters have finally been able to put out a massive blaze that i mean in russia's republic of. however there are still some minor fires within the military unit which has witnessed artillery shell explosions what almost two days now the number of casualties continues to rise and currently stands at seventy eight he's a correspondent in the region is peter out of the princess. we're actually at the moment on the edge of the security perimeter has 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 to 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 now

being doused 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 bomb disposal 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 fire took place. where we were right now inside some of us who are still wary now three dollars and nightgowns. i was putting on my jacket when i heard a shell rammed into the wall plaster began falling off i grabbed whatever i couldn't started running. when we arrived we saw a huge flames and some 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 their basement it had to be rescued. it would have been mainly elders who had embrace when some were evacuated by rescue teams we then took over and moved them to hospitals in evacuation centers no one understood what was going on so everybody took cover. this is likud just last week there was a fire in syria in a similar type of facility to this one where i am now president dmitry medvedev has been scathing in his comments suggesting that you fly is in two weeks is too many to be allowed to hopping east so a train was beginning to appear now he's promised a full investigation into how this was allowed to happen it is promised that heads will roll if you finds out this any people in power were flaunting safety

procedures as president of has said that if any senior military personnel are found to be to be negligent they will be removed from their positions. after these are all of our reporting right there we can keep up to date on this story by checking out our facebook page it's a we've got the full length video of the end for an instant updates on the story plus our right from the center of the disaster pictures brought to you by a man who drowned just log on to our facebook dot com slash shot and this. is the.

part is now a quarter past three on a saturday afternoon with art from moscow the former bosnian serb general which has dismissed all of the charges of the u.n. war crimes court during his first appearance before the trial you know what it's called the indictments against him a monstrous and not just the former army chief is being charged with eleven counts of war crimes including the genocide of eight thousand muslims at a stretch and nine hundred ninety five where a second plea hearing will take place next month a lot. he was arrested last thursday after sixteen years on the run as the trial gets underway of the balkans historian and. says there are still major questions left unanswered he what happens from minute session. there were people killed there were people killed in battle there were people shots that were people executed it's just that the execu i saw in its verdicts is saying well we found this many bodies we believe this will be how many bodies he will find and believe and that

assumption we're casting a verdict in calling you genocide this is the crux of the problem and we're going to use not to use abuse right mind including a surface area that people didn't duck it's just a question of how many people died in and what circumstances we should be basic if any basic spiritual mistake asian or the figure eight thousand comes from a red cross missing person's report filed in i believe late one nine hundred ninety five this was a list of all the people who are going to seem to fall triggered so in july and this is this is not a figure of final status figure people dead the number you can do a complete number of casualties and ask it was revised down from two hundred fifty thousand one hundred thousand of everyone over the past decade based on hard evidence that's come up and yet the number of eight thousand missing presumed dead serious there has never actually been challenge officially and there surely not and there's not really been any sort of official evidence that this actually this

number is actually accurate. rob elias the deputy editor of the online magazine doesn't think of a lot of just trial be just the hague protects the interests of particular nationals. civil war the notorious for being. terrible or for there to be of atrocities for their actions that would be beyond the power even to regular war. to try and meet you thyroid now or long after the event we're going to carly try to judge you are the standards of normal society i think it is wrong we have to accept that. the civil wars happened but there's wrong i'm sure there's many things like that were very wrong but i think the whole essence of the war crimes tribunal is the truth is the other side to the ball for the position of the west rather than to really give people a sense of justice. for the tribunal has no legal ground to exist and should be dissolved well that's the view of one of our viewers on our online forum can go to

our website go to have your say on whether general of radical right it will get a fair trial i thought you went to war crimes court com is the address where you can express your opinion on the matter and many others as well. the introduction of the smartphone made a tremendous impact on the way people use mobile phones from simple emails to booking a holiday it can now all be done in the palm of your hand but with increased functionality comes increased availability. for ports there are always those who are also 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 spare this phone tracked my dear graphical location if i don't decide to connect to the. nearby cafe my phone records as well if i then decide to send an e-mail perhaps some private passwords

all of that information is stored on a device itself and 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 a company says it's hacked the defenses of the i phone four for several thousand dollars will hand over all the data on any protected device. sammy we are a force for good we can 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 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 civil law greenest access data. base company which specializes in breaking

down security systems so far clients have been police security services and realities of people who have died. that's the privacy concerns the crickets say if it wasn't them it would be somebody else but. we can forget about the oh your privacy will together leave you go on the internet and you are already revealing everything about to us so it is becoming very way with using your phone. 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 never see moscow. or there's always much more on our website of course people called let's take a look at what's lined up for you right now and a virtual space trip that's the final home stretch for six minutes talking from mars after a seventeen month mission to the red planet however the crew never really left. and you reap what you sow the cover becomes

a reality for local authorities and the russian urals after almost fifty marijuana plants to grow to nothing flower bed right in front of them. 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 statistics but with the u.s. still tightly grasped by the crisis there's increasing speculation that washington will have to raise the debt ceiling but economist peter schiff believes that 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 stock it's not it's quicksand and the economy is just the stuff. as these are the same people who in two thousand and seven said the us economy had never been in better shape they didn't see this crisis coming right never understood the problems of the us economy and they still don't understand them they think that government stimulus made the problems better it did it allowed the problems to get worse and i was very on a new york resident has once again hit the streets it's time finding out if it's worth paying for an education when there are no jobs at the end of it. with today's tough job market is it 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 college for free. any this state it costs hundreds of thousands of dollars

so. it's a problem. i get to calm 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 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. would you still 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 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 here is 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. on. a choice not to go to uni as you call it a kind of strong divisor needs a guy is known to be way out of range and if you go to the top schools thing and he the rich people can afford it why is it to tell you think that would fetch 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 class is falling away people are seeing this in real estate in the new economy i think. the bottom line is that most employers still think it college education is important and ultimately it's their opinion right iran.

argue with r.t. live from moscow let's check out some other world news in brief for you this hour at least six the three people killed in syria anti-government protests on friday that's according to the actually. it's been one of the bloodiest days since the revolt broke out eleven 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 the taliban's demonstrators demand and the fourteen year old regime. somebody has reported one hundred and ninety nine new cases of the deadly e. coli infection in the last two days that's why the death toll from the mysterious outbreak has risen to at least nineteen cases of the disease have now been reported in twelve countries including the u.k. and the u.s. and affecting about two thousand people initially germany wrongly blamed the

spanish cucumbers as the calls which sparked outrage from madrid to 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 the paralyzed fukushima nuclear plant in japan it comes after a robot probe was sent in on friday steam was said to have been seen rising from the reactors floor powerplant was crippled of course by the massive earthquake and tsunami in early march and despite all efforts japanese specialists have so far failed to find a way to lower the levels of radiation leaking from their site. today it's stressful life in a big city demands that people look after their health more closely than ever he is must go out soon for just the russian capital's best places to recharge the batteries. the fish must be sent to the nation in some of the news. groups is the happy dr and the most seen in.

the fish is the signature it's. essentially the. male. both this sleeping reading. her. coming away in about an hour's time i'll be with a recap of the headlines in just a few moments and then it's on to spotlight. news

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