down the official ante up location on the phone i pod touch from the q jumps to. life on the good. video on demand. my old car. and omissions feeds now in the palm of your. machine on the dot com.

a multi-billion dollar her and shake for two of the world's biggest emerging powerhouses springing russia and china closer together. coming to terms on the cost remains the final step in russia and china securing a multi-billion dollar energy deal. no place for colonel gadhafi in the future that's the message from russia's peace mediator off to maintain a loyalist officials here in tripoli to broker peace it's almost joined memorise the notion of from the libyan capital in just a few moments. and in business st petersburg is hosting the international economic forum as more important than ever for russia as it begins to look east as well as west for investment turn me for a full business books and to hear the wrap up of the day one.

international news and comment live from our studios here in central moscow this is all t. good to have you with us this truth the world's biggest emerging countries got a bit closer today as russia and china energized really. hoping to do much more business together and go shooting at thirty eight gas stations another reason why the chinese leader is in the capital it's to help feed beijing's growing economy and secure billions of dollars for russia. is outside gazprom headquarters here in moscow where the talks took place this is a potentially must if agreement which would see russia provide gas to china for thirty years prime minister vladimir putin and representatives from president hu jintao and a delegation from the chinese state energy provider here headquarters to try and

iron out what's essentially the final wrinkle in the deal not final wrinkle is the price just how much russia will charge china for providing them with tons of of natural gas over. a year period now russia saying that they want two hundred sixty dollars thousand cubic meters now that's the market rates that's the rate that russia charges europe for their gas china are saying they're looking for a discount they want to they don't want to pay that much for this gas by no stretch of imagination is this deal going to be dead in the water over price is just too important to both sides this is a mutually beneficial deal russia wants to sell china or the gas over the thirty year period because they're going to make a lot of money out of selling like gas china at once the gas because they need to fuel the essentially race car that is their economy and they need gas in order to provide that race car with fuel talks will continue as they strive to get overcome what she's this last hurdle in the agreement as president who met with president

medvedev the iran they put pen to paper on some very lucrative deals trade between china and russia already at an all time high in valuation they've signed an agreement that means by twenty fifteen the deals done between the two countries will be worth one hundred billion dollars now they also signed an agreement that says by twenty twenty that will be worth two hundred billion dollars so in less than ten. a huge amounts of commerce going to be carried out between russia and china now it wasn't just all down to business in signing deals over trade there was also the wider world being discussed as the two presidents met both president to president medvedev reiterated previous statements they've made in the ongoing situation in libya saying. that everybody involved in what's involved in the conflict in the north african country. to the united nations resolutions that were passed and should not straight from the parameters of those resolutions. peter

oliver reporting there from moscow well for more analysis of the chinese leaders visit to russia let's now talk to judy and lead he's from the center for global energy studies in london thanks for joining us here on our team now china's fast becoming russia's top trade partner is moscow perhaps turning its back on a crisis stricken europe by setting its eyes now on asia i don't think so i certainly don't see this is an either or type of situation china ought to be a hugely important trade partner for russia both in terms of ending in general trade these are two countries that for many decades shared a political ideology at least to some extent they share the longest land border in the world they ought to be much much greater partners than they are now if we look ahead russia is extremely keen to develop its oil and gas resources in the east of

the country exporting those anywhere other than asia just doesn't make logistical or economic sense so really this is about russia spreading its wings. everybody who can export anything is looking at the asian market because that's where the growth is i mean this is a. this is a very sensible and understandable move on the part of both countries why has that move taken so long between the two countries bearing in mind their neighbors. i think i mean historically there are there are several reasons there's been a long history of mutual suspicion and distrust added to that of course until very recently the focus of russia's oil and gas industry has very much been in west siberia it's very much been built around a very large export infrastructure. carried both oil and gas west would seem to

europe there are very long and. robust relationships i think between russia and european countries and it's only very recently i think the china's energy demand has got to a level where it needs to look at substantial volumes of imported oil and gas and i think that's why this is happening now talking of that robust relationship between russia and europe of course big opportunity now for russia in europe with germany banning its nuclear energy production. absolutely and i think you know germany's plans to phase out its nuclear generating capacity over the next eleven years is potentially a very big boost for russian gas exports it comes at a time when russia is about to complete the first phase of a pipeline under the baltic sea where the second phase to follow if we get a big surge in german gas demand is some people explaining the german government

has said that it wants to meet the supply that currently comes from the nuclear industry by a combination of reducing overall electricity demand and meeting the rest of it with renewables but. that's perhaps a bit of a stretch which i think leaves plenty of opportunity for increased gas sales from russia well let's talk about this deal though with china at the moment to the chinese leader he has visited gazprom. and they're talking about this big deal at the moment how soon can we expect an agreement between russia and china because there clearly are some differences over there between the countries over the gas prices at the moment on their there are and i think this is you know this is perhaps more of a concern the people are letting on at the moment because we had a very similar agreement to one of those being signed now that was signed a year ago and a similar agreement about that was signed a year previously and every time the one sticking point really has been the gas

price and every year we've heard that you know the deal has moved closer there's political unity on the deal and the one sticking point is the price and that will be sorted out over the next twelve months or by the end of the current year and here we are another year on and we're hearing the same thing again. the chinese are still saying that they don't want to play more than two hundred fifty dollars per thousand cubic meters. as your report said gazprom at the moment is looking for just over three hundred dollars that will rise as oil prices rise gas proms position has been that it wants gas to china to be as profitable as gas sales to europe and that has been a big sticking point at the moment one side or the other is going to have to move on if the deal is to turn from being

a ground political aspiration to a hard nuts and bolts souls and purchase contract just finally all the talk of massive lucrative trade deals commerce deals between russian trail and china in the near future just how much will the rest of the global economy benefit from those deals bearing in mind of course so many countries and severe economic difficulties at the moment while the rest of the world benefit. i'm not sure i mean i think you know growing trade internationally is always a good thing. to do pains how tightly controlled this is. government to government deals are always problematic for the rest of the world it's unclear at the moment whether whether anyone else will benefit significantly from this agreement but let's wait and see really interesting to hear what you have to say thanks for your time julian lee energy analyst joining us there from the center for global energy studies in london thank you. well russia's special envoy

to libya has held talks with officials in tripoli as part of a long going push by moscow to mediate a peace deal in the country and the meeting came amid fresh nato airstrikes and a rebel advance on colonel gadhafi stronghold where if a notion or is there for us in tripoli. after meeting with the libyan prime minister and foreign minister here in tripoli russia's peace mediator make on the together has said that the dollface people are actually ready for peace negotiations but this could only happen if top sport in their country recently nato has dramatically intensified its matrix we see here in libya just ahead of marvellous first visit to libya as peace mediators have been ghazi to actually launched the most intensive air raids yet since the beginning of the operation in march and today again just ahead of arrival to tripoli we've been hearing massive bombardments overnight this lawless officials has been able to speak

to are saying that this must be stopped and only that. could start. tripoli is expecting to see an immediate cease fire before a peace process can begin it's also refusing to discuss the departure of colonel gadhafi from the political scene there is a dialogue going on between the warring sides but for those talks to begin to result tripoli's a cease fire must be put in place and international mediators need to keep regulating the process one thing is clear russia is very welcome as a mediator both in tripoli and did benghazi we will keep working together we can go it has also stressed that russia's role in mediating peace here in libya is very important but the african union and actually all libya's neighbors are also playing . important role in that labor is actually welcome in average what is peace efforts russia has always been concerned about matriculation here in libya most

case position has always been clear that a non violent negotiation is the only way out of this crisis of this attracted conflict russia has never supported the u.n. security council resolution which authorized intervention and russia has repeatedly criticize. i'm a terfel launching military operation here in libya people actually feel extremely exhausted after months of devastating war which has already taken many many lives and has actually completely destroyed the country's infrastructure then i'm getting more and more angry and they just want to get their life back. but if a notion of in libya al qaeda says it has a new leader and the us has a new bogeyman ayman al-zawahiri was bin laden's deputy and he's now heading the terrorist organization he's already promising to continue the jihad against america and israel will fill reese is an expert on terrorism and joins me now live in

london phil good to see there on r.t. bin laden's dead and now there's a new villain on the block what do we know about this man and just how scared should we be. well he may be new to many people many of your audience but he's actually rather old and he was there from the very beginning and in fact he was very instrumental in leading bin ladin in one thousand eight hundred nine and that's just cast themselves by briefly bill there was although the budget had dean who defeated the soviet union in afghanistan then they defeated a superpower they didn't quite know what to do next and he was a most of the warrior who was instrumental in leading asama bin ladin that faction into the kind of global jihad that we know now the targets groups like the united nations like aid agencies so really he has been on what you might call the extremist side of the movement no of course al qaeda is a loosely connected cell based structure isn't it and what difference does it really make who's in charge are just how much power will this man have. well you've

got to remember the you had a space italy they have a phrase that they act they give a loyalty to and they give an entity for the sake of so that's the key. that they declare so it's not actually to any leader to any person so i don't think it will make a big difference and remember he was the main fear a titian osama bin ladin fought in broad strokes it was a means of quarry was involved in the nitty gritty and some people even said he was the brains behind the movement so in that sense they'll be a continuum the us is quite keen to say there's a sign of division within. because it's actually taken over six weeks to appoint a leader does that say anything to you that there is division. i don't really believe that i don't know for sure certainly there have been groups like al qaeda in the arabian peninsula or these some of these americans who speak good english

who've raised in prominence but in my view there was only one man who would replace asama bin laden and i think there was consensus there i do believe actually al qaeda is remarkably an organization that does appeal. it islamic concept of shura to a kind of consensus and i think that dialogue did take place before you formally announced it rather than him being seen to unilaterally demand power himself do you think the west america should be worried about a threat in some ways where the group that wants to reassert itself now it has a new leader some suggest it could be a massive attack imminent. well you might say that anybody who's new in the job might want to do something spectacular to impose their name to something that's true but also. as you mentioned is basically sell structures around the world some of bin laden was not directing these in any sort of immediate sense in any operational sense and. also what he will not be doing that either he has been the

theoretician behind it and i think he's still as committed as ever to the principles of a global jihad and that will carry on so i think the threat to the west to indeed to russia and its different manifestations of stillbirth the recent military campaigns in yemen cia even british troops are said to be there because of the al qaeda influence taking advantage of a potential power vacuum there what do you make of that development. well i think that that's going to be taken with a pinch of salt i think the west was. was wrong footed by what was going on in the middle east and i think they're very keen to have a foothold there now certainly al qaeda in the arabian peninsula is one of the most active ideological groups there but the yemeni president ali abdullah saleh who was injured recently he used al-qaeda as an excuse to get funds from the united states and then he used those funds against another group in a local dispute and in the same way that i think that the united states can attack

drone attacks in certain areas and claim that's flying we're going for al qaeda so our influence there shouldn't be questioned so i think we should be slightly cynical about those claims just briefly i understand you've actually spoken to here in the in the past why did you speak to them and what did you make of him during that communication to tell us just briefly. this was in one thousand nine hundred eight before the declaration of war against crusaders and jews that effectively launched al-qaeda and its modern manifestation and i was actually driving at the time and indeed i was with someone who was linked to him and i was invited to go to this meeting there was a war at the time but he was basically a gentleman he spoke good english he didn't seem he was very reserved he said we will welcome you here we will take care of your security if you want to if you can't make it come later he's a very erudite man and he said he wasn't an angry man he sounded really quite civilized what happened was after that there were bombings in east africa in the american embassies and basically access was stopped so i unfortunately i really

regret to be honest we're not having gone to that meeting to meet these guys obviously as a journalist it would have been very beneficial but you know in my brief conversation with him on the phone yes he's actually a well informed and intelligent man a doctor you know well trained and he speaks three languages filreis so wish we could talk more on this we're out of time thanks so much for joining us live in london. well now let's return to libya and russia's attempts to broker a peace deal investigative journalist wayne madsen he's just returned from a trip and he's joining me live now in washington tell us what did you see wayne when you were there on your visit. well it was really amazing to read the western press accounts from the media that are and sconce that the rixos hotel in downtown tripoli to read their accounts and to see what was actually happening on the ground it was like they were living in an alternate universe there were reports that. there were rebellions in the area between tripoli and the tunisian border

by rebels i saw no sign of rebel activity although there had been at the outset of the revolt there had been rebel activity but i saw no rebel signs in at any areas on the coastal road from tripoli to the border there are civilian casualties that are not being reported fully i went to al qada hospital in tripoli the doctors on dress the wounds to make sure that we we could see that these were shrapnel wounds sustained by civilians from the nato bombing attacks there are long lines for gasoline because there's a number go this is affecting life in tripoli but other than that and the fact that nato is interdicting vessels including fishing boats and there is some shortage of seafood life goes on in tripoli and people were very supportive of mr gadhafi you

were saying civilians have been harmed in these attacks are showing pictures of hospital shots at the moment but nato is claiming it is targeting military targets you were staying there in tripoli that fall under that condition that they were all targeting military targets did you feel saif. well there were a bombing every night you could feel the hotel room shake when the when the bombs they were actually hitting the khadafi military compound which is in downtown tripoli which was not very far from our hotel but we were also taken to the home of qaddafi's son where they killed the son and the three grandchildren and it was quite clear that there was no military value this was a residence. the neighboring residents were also heavily damaged and the embassy of cote d'ivoire was just a few doors down so there was no the only thing i saw in the khadafi compound what was left of it was a petting zoo where khadafi actually was feeding the animals at the time of the

attack that's what saved his life and a swing set foosball table and i saw nothing unless unless the pentagon continues considers a foosball table and a swing set to be a military. value let's talk about the russian envoys visit there at the moment the special envoy that is saying that colonel gadhafi does not fit into libya's future and now you obviously talk to a lot of libyans what did they tell you what did they say they wanted for their future. well it was interesting there actually some people who originally joined the opposition but with the nato attack they figured ok we may not be happy with gadhafi but at least sees a libyan nationalists and some of them have actually gone back to support khadafi that also has been a general amnesty where some rebels have gone back to support gadhafi i got the sense we saw spontaneous demonstrations pro khadafi on the road from the

tunisian border into tripoli you hear people say. libya was best which means god. are khadafi and libya is all we need so these are these are these this is what spoken to people on the street these were not shills paid by the government these were people you would just me in various places in tripoli but despite that support you so forget that they did you actually sense that there is anybody there who's got the wherewithal the in fact equipped to take charge of libya off the decades of gadhafi rule in other words occasional position with a leader that did you get any sense of that. i got the impression that the rebel movement is very disjointed there is absolutely salafi. veterans of afghanistan iraq people released from guantanamo who are now active in eastern libya very imposing. sharia law stream forms women having aware of the burka when they leave

their home their homes there's also been a huge loss of money the libyan central bank and guys he was looted by the rebels of nine hundred million in libya and dean are as cash and five hundred point five million and u.s. dollars cash and now they want the assets unfrozen so they can lose more money many of these ministers were actually under investigation by the libyan government for siphoning off oil revenue to their own for their own use and one of the first nato targets was the anti-corruption agency in tripoli where they were obviously trying to destroy the files i'm told that those files were backed up and that the libyan government intends to prosecute some of these former ministers who defected to the rebels in a way in fresh from a visit to tripoli to libya thanks very much for sharing your experiences here live on t.v. there in washington thank you. that brings up to date for the moment twenty three minutes past the hour business news is next with kareena in just a few moments stay with us life here in moscow. hungry for the full story we've got

it from. the biggest issues get a human voice face to face with the news makers. in indonesia she's available in hotels coming dolly results and spawns good results in spite of only come one come down upon the motive in turn bones. the result in spawn sunday of peach otoh the wisdom result use of doing something made bunny suffer tell some in your own customs body result in spawn the ritz carlton hotel grounds many as you call it a hotel full seasons hotel the sultan which owns. how welcome to business thanks for joining me all eyes are on russia's northern capital

st petersburg where the annual international economic forum is underway and not true as a wraps up day one. the word of the day was definitely innovation there were a number of high profile deals that were decided all in that area the first one dow chemical and the skolkovo fund signing a deal in order to create a research and development center in russia very exciting there off and on top of that the us now russian nanotechnology firm signing a deal with some asian partners in order to establish a one hundred million dollar plus fund for technology research and also some very exciting news that's going to help boost innovation and business here in russia we talk with many guests throughout the day there's many more to come so be sure to stay with us among the people we've talked to we talk with a venture capitalist known for his i t investments and he says that he sees strong potential here in russia this is

a great time for russia both for the me to text and ex and mail route but i think also. for companies that are started with real russian technology were russian technology an entrepreneur's could spread to the rest of the world right now most of the big successes are copies of u.s. developments but. i think there's a great future that. energy also something that is on the table here in st petersburg especially in the wake of a post quake japan something that a lot of people are talking about something that's on a lot of minds they say demand for gas could rise by up to fifty per cent because of that catastrophe and it's something that has a lot of people talking including the head of the international energy agency who says that russia can play an important role in this regard coming to about three point three b.n. cubic meters production will increase about five point three leads. almost

fifty percent increase will happen. two thousand and five p. five russia has major produce. and b.p. will continue to provide the very important sources to try to be. the pipeline to your all so this is a very interesting time what the energy market will respond to the current situation now just to give you a sense of the numbers involved in this year's program this is the fifteenth annual st petersburg international economic forum thirty two million dollars budget it's a twelve percent increase over last year's two thirds of that coming from the sponsors there are many many partners involved here and dozens and dozens of companies also involved have all this and plenty more tomorrow and the next day when the conference starts again and see you all then presidential aide says this

year's forum is more important than ever for us as it begins to look east as well as west for investment the focus is on russia's energy cooperation with china now its largest trading partner and the two sides are discussing a landmark deal it will enable russia to deliver almost seventy begin to the meters of gas to beijing within thirty years the price is still a sticking point but believe an agreement will eventually come because both countries step back. groovy market share in china over mena buried up to drop off gas consumption on all four cost fourteen to sixteen is two hundred sixty four billion cubic meters of trying his guys been called back to where on the hundred cubic meters today next five years china believes they actually are out of gas consumption of germany and the right if you don't combine roughly on the other hand russia has a very large undeveloped gas resources in the eastern part of the country saw on the face of feet to china has to be increasing.