down to business the billion dollar energy deals between russia and china spearhead a major financial form in some places but now to push the world economy forward. war hostility the u.s. congress threatens to washington's campaign in libya it's now been in full swing for ninety days without whom they could prevail. plus thousands of palestinians are left scraping for a living as israel withholds money owed to their government and this it could be used to fund the terrorists. and the city that is brushes with window to europe has become the window to the world as the second day of the economic forum gets

underway we'll bring you all the news from the form on business and around twenty minutes. on air and online twenty four hours a day you're watching our t.v. the supply of energy will remain at the very center of russian chinese relations that was the message from president dmitry medvedev after talks with china's hu jintao in moscow the country's hope to hammer out a gas deals worth billions of dollars i think moved to st petersburg for the city's international economic forum parties and he said no way is following the three day business brainstorming event. comic forum is in full swing. business executives global innovators and world leaders all gathered together to debate forward. nominally and environmentally on various levels it's considered

that this year the big players are close loss and china because all the euro and dollar are struggling severely these two countries are not only developing separately but dynamically in their bilateral cooperation in fact it's come out statements from both sides recently that china and russia can say that they have not only overcome the consequences of the economic crisis of two thousand and eight but they have between the record bubbles pre-crisis levels and that can allow them so set and vicious tasks to further intensify bilateral trade and cooperation it would look at other issues on the world stage france and china sea i fly you very differently from the west when it comes to international crises take libya both have their reservations about the un resolution is expected back both in strongly oppose any kind of intervention in syria which recently is seeing more and more unrest in both countries are also going to certainly it's expected encourage other leaders here to deal with the arab uprising only last fall and peaceful means

president's visit and china's hu jintao met in moscow before coming to this forum and they discussed there how china and russia believe that the u.n. has to play a bigger state of course including the security council just to give you an idea of how our. weekly china and russia are solidifying their relationship the two presidents have already met twice this year they're going to meet at least twice more before the end of the year if not more and will both be giving speeches at this year's economic forum broadcast live here on our she is now reporting to st petersburg. energy analyst told r.t. that the imbalance between the worlds biggest energy consumer world's biggest energy producer could come soon enough. to be hugely important trait for russia both. in energy terms only in general trade these are

two countries that for many decades shared a political ideology least to some extent they share the longest land border in the world to be much much greater partners than they are now if we look at 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 in this is a. you know this is a very sensible and understandable move on the part of both countries. energy analysts generally they're giving his take on the strengthening russian chinese ties. the u.s.

president is under fire from congress of the military campaign in libya which is continuing despite not having the approval of lawmakers obama has rejected accusations that the law is being broken arguing that americans are only playing a supporting role through nato which makes it legal he's going to cheat again has more. u.s. lawmakers are saying that president obama has to either stop waging war in libya or ask for congressional approval the lawmakers claim that the military action will violate the nine hundred seventy three war powers resolution if it does not and by friday and they mean this friday ninety days after the intervention began under the u.s. constitution to wage a long term war the president needs to get authorization from congress analysts say the obama administration will certainly find a way to get around the requirement by referring to his right as commander in chief as well as certain legal speak you know up to this day the administration. refused to say war when it comes to their actions in levy they call it kinetic military

action as a result of that kinetic military action civilians are bombed every day a group of international observers is now in tripoli including a former u.s. congresswoman cynthia mckinney we spoke with her a few days ago she said they heard and they counted eighty nine blasts in just one day those are civilian neighborhoods eighty nine bombs dropped in just one day there is a lot of concern that the voices of those who are caught up in that war in tripoli go unnoticed in the international community but here in the us it seems the voices of the majority of americans those who oppose the u.s. military involvement in libya also go unnoticed by the white house the administration continues to stress the cost that they pursuing leiby of but some analysts say the administration also seems to be in denial when it comes to the will of their own people regarding the issue as well as constitutional procedures legal experts say there is not much congressman can do to force the president to

comply at least with the u.s. constitution because there are ways to get around ways the obama administration seems to be using extensively most congressmen now criticize president obama for as they say ignoring congress but top of all he'll observers say it's mostly political games that the lawmakers are playing to score points by snubbing the president come the day to actually vote the majority of them will vote for more military spending as they always do but there is a small bipartisan group of congressmen ten people in it who went further than verbal rebuke send they sued president obama on the grounds that he's violating the constitution but everybody here knows that the lawsuit is certain to be dismissed on procedural grounds because the u.s. supreme court has determined that members of congress do not have standing to file such a suit and this is where it hits a dead end that it makes me wonder whether or not u.s. lawmakers actually have the capacity to effectively represent the people. oh washington's credibility and the future of the nato campaign could well be faintly

done a state congress forced for a couple to abandon operations or thought they could swansong says the problem is that there is political confusion over exactly what's happening in libya. white house doesn't make the arguments that many of its supporters make that the war powers act does not apply much less the constitution because this is neither a war nor hostilities this is something else this is a military operation that doesn't rise to the level of hostilities which is absolutely absurd the war powers act was written in one thousand nine hundred seventy three very intentionally and clearly to encompass all military engagement superfluity imminent threats of us still of these are recent dentist percentage was debating a former lawyer from the reagan white house who was defending obama and he asked this guy twice never got an answer if there were two thousand missions over the united states by a foreign nation and many of them were dropping bombs would that be war with at the

hostilities he could have gotten congress to authorized war in libya it would have been quite easily done he could have done it in the sixty day gap after he started the war he chose not to presidents want and this president is no exception the power to make wars on their own. russia's envoy says that libya needs national reconciliation after meeting loyalists in tripoli years part of attempts to mediate a ceasefire but nato raids continue unabated against gadhafi strongholds but he's with national has the details from the libyan capital. after meeting with the libyan prime minister and foreign minister here in tripoli russia's peace mediator because the together has sided dollface people are actually ready for peace negotiations but this could only happen if nato top spawn in their country recently nato has dramatically intensified its matrix to be seen here in libya just ahead of marvellous first visit to libya as peace mediated have been ghazi made to actually

launched the most intensive race yet since the beginning of the operation in march we just had over gallops arrival to tripoli we've been hearing massive bombardments over knowledge this lawless officials has been able to speak to are saying that this must be stopped and only that they could start looking 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 where those talks to begin to result tripoli's there's a cease fire must be put in place and the international mediators need to keep regulating the process one thing is clear russia is very welcome as a mediator both in tripoli and in benghazi we will keep working together on the go ahead also stressed that russia's role in mediation peace here in libya is very important but the african union and actually all libya's neighbors are also playing

. an important role in bat and leave there is actually welcoming average what is peace efforts russia has always been concerned about matriculation here in libya moskos position has always been clear that violent negotiation. is the only way out of this crisis is this track to conflict russia has never supported the un security council resolution which authorized intervention and russia has repeatedly criticized full 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 they're getting more and more angry and they just want to get their life back. now a quick look at what's still ahead for you on the program for the tracks a young woman to try. and world this continent.

america's top military commander says this new leader will be found and killed just like osama bin laden the new top man and. second in command since the terror group was founded in the late eighty's but terrorism expert who research says that matter who's in charge of al qaeda washington will still use the perceived terror threat as an excuse for military action. it was the main fear a titian osama bin ladin fought in broad strokes it was a quarry was robbing the nitty gritty and some people even said he was the brains behind the movement so in that sense they'll be a continuum 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 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 going to attack drone attacks in certain areas and claim that foreign we're going to so our influence there shouldn't be questioned so i think we should be slightly cynical about those claims. and israel is fighting its own war on terror by refusing to hand over tax and customs fees collected on behalf of the palestinian autonomy it's not to pay wages israel says it could be used to fund attacks there's a reports with a mass now i'm lucky to enter a unity government alongside that or palestinians are even less likely to see their money. i look we are gods the palestinian ministry of finance his job is to check everything that comes into this building but he has no control over what goes out least of all his salary which is paid by the ministry and sometimes comes long

overdue how do look if my salary comes later it's like my life starts i simply cannot do anything i have a wife and four children to feed and when i don't get paid on time it makes lots of problems for me and my family. i want to keep the ministry get its money from the israeli government it comes in the form of customs and tax cheats he said tell of if it's been collecting on good surviving it is ready ports and destined for palestinians the arrangements in one thousand nine hundred three is part of the also called giving tel aviv control of the international by. borders between israel and the palestinian territories but the money transferred each month to the palestinian ministry of finance which uses it to pay wages except now we're talking about three hundred million dollars for this ministry it is kind of the five hundred fifty pounds or. one of the military if they would create the situation in egypt so. palestinians fear that television could again choose to withhold tax money like you did last month is where it is argued they have every right to do so

if they suspect the money could be used for buying weapons the salaries to the hamas terrorist paid for the same bank account so i don't want to find these terrorist only in order to kill me but palestinians insist the monies for ordinary workers it is. sore because on one hand it's a punishment but on the other hand it's a punishment it's a collective punishment that would mainly weaken the moderate elements within the palestinian society and play to the hand of the extremists the relationship between hamas and fattah is a turbulent one but both groups are trying hard to work together ahead of september's planned declaration of statehood no doubt is rob will be working even harder to thwart them should it feel its interests are threatened policy r.t. women are. more stories on life in the palestinian or greater party but it's more news and video is always on life is

a quick look at questionable case. a cia agent linked to multiple bombings this time that they killed three u.s. cities even as one of his countrymen serve sentences. and flash mobs become a way for russians to voice their discontent. but faced repressions from his from actions wound up more authority to. be. on our new chip. is eve. eve eve.

the official altie application to go on the phone all i pod touch from the story. geology law is on the go. video on demand tease my old girls and all registry now in the palm of your. questions on the dot com. well some other stories were around the world for you know syrian security forces have expanded their soul to the north west of the country deploying tanks around several towns has forced more people to flee raising the estimated number of refugees to almost nine thousand u.n. secretary general ban ki moon has urged the president to stop killing people and engage in dialogue activists say more than fourteen hundred have died since until government protests began in march. the greek prime minister is preparing to name

a government through this dental records coalition looks for a position. of. cuts to supreme loser pira in the second. bailout. plan has hold one hundred sets from some. crude. released court papers show that dominique strauss a good mom. they soon had diplomatic immunity to take risks for the former head of the international monetary fund arrested on suspicion of sexual tell me. a french woman who denies the allegations that faces up to twenty years in prison if . you lost one city i knew the outcome of. these suspected terrorists but the explosion

is now thought with the result of a ghastly residential building a school with a safe was there anyone. in the night. would come the frozen continent of antarctica has always been a bio dominated environment which means that when a woman arrives to ply her trade it's still something of a novelty so alex thomas tracked down an intrepid director. at the ends of the earth. as a filmmaker olga stefano the likes of the penguins and seals but for her and the article is about something much greater that i can't. even though it seems like this is a naked land naked stones to cliffs nothing special snow like any snow but what happens inside of you when you are here for the whole year and are removed from all other external factors is a very valuable experience. staying through an antarctic winter is serious business

and so every member of a winter team has a specific purpose and they rely on each other to make it through all go is one of only a few women to have ever been allowed to be a part of this experience. the fact that olga ended up on our team was a big bonus for us as the first storm such an intelligent young woman with such high professional objectives has been on the winter team she should have made her existence heck last year of course there were some difficulties and attractive girls with fifteen minutes. so there was some difficulty but we've learned to manage them all this experience in wintering of building a house and gave her a true rare opportunity to experience and document the life here in antarctica now she's working to expand on her project and find an audience for her work but you just. right now i am putting the finishing touches to the second part of the film the first one has already finished its cold weather in the winter the second part will probably be called this season and it will feature all the antarctic summer.

to debut her documentary olga invited some special guests the same antarctic winter team who are the subject of her film the fact that makes her slightly nervous you know he watches. i love and respect them their close and dear to me and they have such huge background knowledge they know people in the film they know their winter season firsthand they have been through this themselves. as for the thoughts of those who have seen the film. this film makes a big impression on you there may be some shows that expose unprofessional actions by a couple of members of our team but to show that the way it was showed it the way she saw it and it was spectacular. but a unique look into a world that is inaccessible to most in antarctica sean thomas r.t. . the world's coldest continent thomas found many unusual stories and he came back

with some spectacular footage in his blog. more than a month. in one of the most extreme environments on the planet this is antarctica and people have to be aware that they're far away from civilization sean thomas discovers what makes antarctica so special and attractive for many the wildlife in antarctica is. the. expedition to the bottom of the earth. and in just a few minutes we take you to the sandy beaches of russia's black sea coast and the first is the business update with katrina after a short break stay with us. hello

and welcome to the business bulletin here on r.t. we start with one of the most important russian economic events of the year this in petersburg international economic forum. the city of st petersburg has always been called the window from russia to europe but with the economic forum underway it's become the window to the whole world sees tatiana politico has the details about the second day of the forum. the presence of russia and china will kick off the second day of the forum with a keynote addresses after meeting on thursday dmitry medvedev. emphasized the growth of trade between the two contras although that couldn't hide an absence

awfully long way the deal over a gas supply contracts this is now expected to be signed later in the year if the deadlock over prices is the result in the mean time both leaders will be doing their best to persuade delegates to invest in the emerging powers so far this year russia has been a state capital outflow something all these companies here i kin to reverse. russia's major financial corp see stamina is set for energetic expansion the company is planning to spend five billion dollars to buy businesses ranging from agriculture to chemicals the c.e.o. of systemic a rational and outlines the cornerstones of their strategy. the expression strategy is very simple we have to return the cost of equities the course or whatever to which in our case is about fifteen percent so that's the kind of return we were expecting him do we have to do whatever it takes in terms of for investing in new

projects and davis the existing assets to deliver this kind of return our two key markets are russia is a primary market where ninety percent of work best is concentrated and also you do it which is good because what the market does to do those are the markets we're going to be looking out for to both expand the existing businesses that we operate and also new projects. now let's have a look at how the markets are performing oil prices have dropped again after the major losses of two days ago the uncertainty off the commodities market is a reaction of investors feel that greece's debt troubles are far from over asian markets are again down friday with the nikkei edging closer to a percent in the red this hour on energy companies were hit by we could crude oil prices with japan's impacts corporation down two point nine percent and banks are among the main losers in hong kong with agricultural bank of china down one point

seven percent. russian stocks dropped to their lowest closing price in more than a week this response also due to concerns over the greek debt crisis energy majors were among the main losers because gazprom left falling one point five percent banking stocks were also lost which the bank citing one point two percent. at the top aluminum producers sees a big future for the metal with an average growth rate of six point five percent annually the company wants russia to take a big part in that development as the vice president says they're trying to make that happen. we have strong business and in russia been here since two thousand and five and the best is seven hundred fifty million dollars in the market you see we see growth in this market so we're we're going to we're going to you know focus on marcia and what we're trying to do in russia now is increase productivity just make sure that you know both our plants reach a level of productivity that is consistent will believe we're seeing a room you know growing within the band growing that we look at

a market like china. demand growing fifteen percent in two thousand and eleven seeing a market like russia you see the man growing probably eleven or twelve percent this year so it's double digit growth lou and there's a lot of substitution going on copper why are you changing to illumine and there's a lot of lightweight the vehicles trucks and cars where you have to meet new emission gas standards so a lot of people are shifting to london and. well that's all the business for this hour we'll have more feet in just under an hour's time stay with us the headlines next.