insulting historical hotels of a culture in the city and sky. may day as a good time until the stroke or less to become the hotel. in search of progress emergency crews are looking for the unmanned a russian a freighter that was taking supplies to the international space station but crashed . to earth in a slightly. different priorities rebels in libya may be focused on the capture of colonel gadhafi but western nations are rushing to get a slice of the country's oil under the new government. caught up in the information war while the u.s. and e.u. are pushing for more sanctions against syria journalists on the ground say there's a lack of objective coverage coming out of the country.

just after two pm on thursday here in moscow this is r.t. with me roll reception emergency crews are searching forests in southern a siberian potentially toxic wreckage from the unmanned russian spy ship that crashed on wednesday but progress the vessel was a ferrying food and fuel to the international space station when it fell back down for the first time in its thirty year history. as the latest. the rocket broken c three separate parts says it failed to reach the required speed to carry it out through the earth's atmosphere and spread itself over a wide area of forest in southern site bierria they said saying they are confident there was nobody there however at this time of the year and not particular area it's very popular with local people going out picking not sticking berries so the

process of finding out if anybody was caught up in this incident was the authorities have said though and they all seem to locals in the area is to not go out into the woods searching for pieces of this wreckage they don't want to see anybody going out hunting to see them is around that area where there could be any kind of toxic spill and becoming contaminated too to a breach in a fuel cell or a fuel line the soyuz rocket that was carrying it as this carrying the progress module. maybe the piece that they're keen to look at the soyuz of course the only way to get them on it to get into space up to the international space station is the only furry between earth and the i.s.a.'s we are hearing leaking out from. is not the sole use program is being put on hold this currently six astronauts on board the i.s.a.'s from russia the united states japan well they were getting a huge they were given a huge resupply from the last shuttle mission not can last them for several more

months quite comfortably now what i mentioned earlier on though about the soyuz peen grounded we're hearing this is where we could see a problem for the crew on board the i.s.a.'s six people up there. at the international space station at the moment there are only three seats on bullets so you smoke you will note should they have to try and evacuate people from the space station there are only space for three people on not without as i say no space shuttle anymore only the soyuz the only way to get up there and take people up there and take people without thoughts this could grid prove something that we're going to have to keep an eye on the food situation though all comes down to the astronauts training and. they'll be looking to get food soon as possible to them. that is part of a right that one of us may no official comment yet on whether russia is a space agency would consider putting the soyuz space program on hold following the latest failure but many experts believe

a serious investigation should be completed before the project can be continued this or use carrying crew is slightly different but not not that much different than the one that was the progress they're going to want to make sure that anything that is similar they could go wrong on that one you know want what happened they want to make sure that save its life so they're going to hold off until they're sure for that for that launch itself i think there's a general perception of these types of space as launches are routine over time the happen on every every week or so every month but just now in the last week not not just a russian rockets a chinese rocket killed last week as well that's three rocket failures in seven days it's a tough business and it's on for getting. it with all the law from moscow and for you this hour security breakthrough north korea says it's ready to return to the six party negotiations as leader kim jong il says he'll consider a moratorium on nuclear testing. and nice work if you can get

it football superstar samuel eto'o signs a deal with the russians ambitious and. find out the watering some he's going to be . wanted dead or alive the reward of almost two million dollars has been offered to any regime loyalists who delivers colonel gadhafi to the rebels he was also reportedly being promised safe passage out of the country if he renounced his his leadership because of his whereabouts still remain a mystery but rebels think he's in or around tripoli but the opposition claims to be in control of most of the capital but there are still reports of resistance by government loyalists and while the battle continues the carving up of libya's a vast oil riches is already in full swing. surf reports on the western powers are lining up for peace a part. kill to the house of mace motor was and you'll strike oil whether or

not that's saying when it comes to libya well it's going to play a pivotal role in the country's future here we have to feel restrung interests and meet. the western interest to check biggest oil. but also keep rebels fighting we. need the government interest to restart selling oil it's possible a stranger to the concepts of friends with benefit berlusconi being quick to casey out the new transitional council and biting the public face of the greed that well it's really it's. these places to have here an ally in the eighty eight bombing campaign began back in april when the throughout the switch sides they can call seeing the rebels so. the agenda that your girls visit is expected to be discussions about its leisurely creative energy contracts with libya before the war almost a third of its lease daily energy needs were imported from libya and oil any with

the largest foreign operator in the country because many here have been doing all they can to safeguard these contracts but it's they will be able to maintain these previously close business is by no means a given and opposed to libya the seats are likely extremely uncertain and there are little guarantee one of the biggest problems italy and other western countries since the beginning of the war has been a struggle to adequately understand internal workings of the rebels themselves. among the rebels there are many factions commission people. and many of these groups of rebels are former politicians with gadhafi and then they completely change the face. of this and i think that corrupt politician it. was almost exactly personally on a number of occasions three business connections in the month the gay she returned

from a fact finding trip to libya with a handwritten letter she says was written by gadhafi to berlusconi days in it he allegedly says he was surprised by your decision to join the coalition against libya especially after we signed the friendship and cooperation treaty between our two sides the treaty he's referring to he was signed just two months before the libyan uprising the letter goes on to ask why did you join our enemies or that any diplomatic dialogue or investigation now seems tediously making new friends it was that maybe the final chapter of the many fears of conflict will continue. which is among the rebels. both in italy and in general and the up and coming meeting on person to talk to who will be the future reference points in the new libya now is silly along with many in the well could well find previous lucrative

relations may turn out to be just because of the rainfall the friendship there. is not taking a back seat after helping the rebels advance into tripoli but it's assisting in the hunt for colonel gadhafi us a government advisor on terrorism dr walid a fires that could still mount a counter offensive while the rebels faces some stern tests khadafi has many supporters in his birthplace and many supporters in the south if gadhafi has left the the tripoli area to the south he could well unleash a new insurgency thought his regime would go but it would become the new rebels in the current rebels now will become the new regime so we are still far away from a complete stable libya number one is to form quickly a new unit or not to pull units of the libyan army because what we have right now is a non-computer of militias many of these militias are islamist militias they have their

own political agenda and then you have weapons in the hands of many people plus you have weapons of mass destruction or nonconventional weapons that are across libya and that has to be secured for a lot of issues have to be addressed really before only focusing on qaddafi or even thinking of the contracts the oil contracts and. meanwhile one of america's best known senators believes that russia could be next in line for a libya style uprising former republican presidential candidate john mccain has lashed out at moscow and the american at c.b.s. news channel saying the spirit of the arab spring is due to spread i could also reach china he is going to come has to tell us from washington. senator mccain has got a very far from rich far fetched that's for sure he's sure that the so-called arab spring will rage on and will make it to countries like china russia which according to mccain need democracy just like libya does by the way at some point even said libya has already achieved democracy which judging by the situation on the ground

is really far from reality because even as the transitional national council takes over in tripoli that's not the government that was chosen by the leader the people of many leaders are outraged by the fact that foreign powers have essentially made those choices for them and looking back at egyptians who don't seem to have achieved what they were fighting for so as far as democracy is concerned in those countries there's still lots of questions but according to became it's all great on the fire of our placings should move on to other countries first stop syria according to the senator right after could alfie he said it's a start next to a fault but too many mccain's statements are not surprising really because he's seen as a mouthpiece for those forces in washington who have this hawkish mentality and would want to see some countries go upside down especially rich nations or suited usually important ones it's quite interesting that senator mccain is pointing at some of the world's richest countries russia that sitting on vast natural resources

in china which is developing extremely rapidly it's america's biggest creditor it's the world's number one export of goods as we know the senator is basically calling for revolutions in those countries presuming that their livelihood is soledad that they need to rebel immediately poll shows that most americans are not happy with where their economy is going also they're not happy with their president is approval rating is below thirty percent the nation's fourteen plus trillion dollar debt continues to rise the economy is not generating enough jobs and unemployment remains above nine percent as we know following mccain's logic though does that mean that americans too would have to take to the streets and rebalance recalled not clear really someone want to have to ask that question because there's a lot of discontent in mccain's home country but to senator mccain obviously you know kelly is other people as one wise french writer said. but you are somebody you countries are calling for an arms embargo and wider

sanctions to be imposed against syria following the crackdown but russia and china are opposed to moscow saying countries should be encouraging dialogue in syria not publishing it but reports from the country hard to verify the way it's perceived from the outside is decidedly one sided so it is more if a national. began iraq in the morning this is how the world has been watching them dressed in syria through mobile phone cameras i want to footage from the war stricken country has flooded international news or rather blooded killings an execution supposedly at the hands of president arsons military filmed on cell phones have become a trademark of the regime syrian officials though insists the scenes are staged the you tube is not credible and eye witness account is not credible after they come around and shout help they're killing us next door. these are not credible ways to assess the situation the u.n.

has been down to our side over the violence against his people the damascus emphasizes from a far until recently your own mission has crossed the syrian border is a correspondent with saudi arabia based international news channel on syria he says the government should claim itself because this image and look at the good will and he does need foreign journalists and finding missions from coming in and lead and allow us to work you cannot just take a camera and do filming even here in damascus and you should and i would never go for me to return million reporters in the country everyone has a phone where i should be away with the local access to information many people have used their cell phones to film what's been happening and to share it with the rest of the world. but this is what went against censorship is a double edged sword well mobile phone video can give anyone. caps help save lives it can just as well be used to transform the truth and that could come at the cost

of people's lives martin not his real name is the man behind the camera is a freelance journalist currently working for a western media outlet he cannot tell more and he doesn't want his face to be on screen hiding the truth about himself it tries to reveal the truth of another kind . of filtering. information about what is going on they always. there are some armed forces on the ground that are going to billions. more sources that your forces are killing. unarmed. civilians and will go to broach the christian freedom. muslim isn't afraid of being thrown in jail has been there three times already he's afraid of being killed or friends in the room where. this person was filming it was

the only one who was thirty. but you across the and those are very average the syrian state t.v. brings their evidence to support their leader. it was. be cheerful mother crying over her body apparently there this is that was in the homes but here at the same picture indeed it was made in the right person i mean they could then aside just. one of the most oppressive regimes in the world to them of the press has never been serious strong point because this is all we ask all we ask is for the truth to come out for both sides of the story to be told not just one side all the time the fact that not as many foreign journalists are allowed in. the western world once. does not give the rights to the western world to grab any

story and put it as true that there's little to be among the media's goals and this conflict the press is not just about coverage it's a war and as an every war the goal is to wean reflection r t the mask to syria. to remember if you've missed anything we're covering here on our teachers check it out our website i think dot com here's a taste of what else is waiting for you on line right now iran files a lawsuit against russia and the international court of moscow's refusal to supply its best three hundred defense missiles to tehran. plus two days unlikely earthquake in the united states the two nuclear reactors offline outside of washington d.c. could have been caused by a concussion partial mining method known as fracking all the details that are to. both korea's reclusive leader kim jong il who rarely ventures outside the country is heading back after talks with president in russia's republic of. congo says it's

ready to return to six party talks on its nuclear program without preconditions ericus a rocket from the national campaign to end the korean war believes it's south korea and its ally the u.s. who are not ready to start negotiating. and there is nothing to stop any party from city down at the table now you have the opportunity to stop the production of nuclear material you have the ability to discuss such issues you have the ability to begin to develop a peace process that could lead to the militarization and lowered tensions in the region so will they do it will the south koreans and the united states sit down it remains to be seen at this point i think not without the international pressure on the united states and south korea i don't think that will necessarily see if they are talking about the precondition wait you must stop production on

a certain date before the talks not on the day of the talks those types of arguments seem to imply that someone doesn't want to speak and we have more than twenty eight thousand troops stationed in south korea and close to one hundred bases in posts in a tiny country is this really to defend against the north no i would contend that it's relates to china and the desire by the united states to maintain its military presence in korea. just out on in twenty minutes past the hour here in moscow you with r.t. got some other news in our world update for you steve jobs founder of the electronics giant apple has resigned as its c.e.o. following health problems but he'll be replaced by chief operating officer tim cook jobs who underwent a liver transplant after suffering from pancreatic cancer said he could no longer handle his duties the fifty five year old has been on medical leave for an undisclosed condition since mid january. the former bosnian serb military

commander is were to return to the international tribunal for the former yugoslavia in the hague later on thursday was accused of responsibility for the killing of almost eight thousand of course muslim men and boys in one thousand nine hundred five it comes a day after their war time leader of rebel serbs in croatia pleaded not guilty to crimes against humanity the court. after being shaken by tuesday's earthquake the east coast of the us is bracing itself to be hit by hurricane irene but heavy rain and winds earlier battered parts of the caribbean sweeping through cuba and the dominican republic is expected to become a category four hurricane as it passes over the northwestern bahamas and wrote the . most of the eastern u.s. coast no deaths or injuries have been reported so far. the fourth time african player of the year samuel eto'o has agreed a deal with a russian a team. for

a record salary of thirty million dollars a year the arrival of the superstar striker is a massive coup for russia's premier league and puts angie firmly on the map as one of the most one of the world's most ambitious clubs now he's making a cartoon of her as more. the latest news coming from of the angy football club is really capturing the imagination of the world of football and it really seems that we are witnessing possibly a new dream team gathering on of the russian soil as we can now officially say that a long awaited transfer of the interim millon striker out so has been completed the negotiations took more than a week but on wednesday signed a contract and became an island player the cameron international honor one's magical examination and we'll start training with his a new team today meanwhile of this move makes him the highest paid football player

in the world as will pay over thirty million dollars pay yeah and in the three years contract he will receive over ninety million dollars lots alone when angle bonuses of the space of a few months the biggest any football club has made headlines all across the world by buying leading international football players the team has already legendary brazilian roberto carlos the team has already signed a contract where the silver and also famous a russian a football player you these are of course meanwhile all that happened after the new football club was a barter buy locally born and businessman and also one of the richest men in russia . and now he's spending millions of dollars in a bid to make this club which is situated here in russia's north caucasus knowing all across the world. it's tough good business with your ear.

following a very warm welcome to the business program gold has suffered the biggest drop since late two thousand and eight off to hitting record of nineteen hundred dollars this week on the precious metal lost some shine as the comical strange raised trading margins of most over two and a half years to curb volatility well to discuss these i'm joined by tim mccutcheon c.e.o. to walk in gold thank you very much for joining us today so gold has lost two hundred dollars and also twenty eight dollars that's going on well remember that it gained two hundred dollars in about a cooling period of time you know i think that when you have those kind of movements in gold clearly it's more of a trading liquidity phenomenon as opposed to a fundamental phenomenon and so you know if things don't go all the time forever they correct the come down the prices consolidate and i think that's what we're seeing in gold the underlying fundamental story hasn't changed in the past week i still very much there and you know what you have is continuing budget deficits in

the western world continuing printing of money to plug those deficits without any sort of real taxation power to balance out that effect so you have inflation building up within the global economy particularly in the u.s. and western europe and of course that's reflected in gold which sort of gets back to you know the fundamental reasons of course we're all very interested in what bernanke is going to say on friday because clearly that's going to give the markets some direction but frankly everything's already been done interest rates are essentially zero in the u.s. so the opportunity cost of holding gold roath is the dollars it is not if you don't get any yield on you dollars anyway there's really no point in holding them. and then as a traditional store of wealth against inflation gold obviously more is much better than the dollar. so whatever bernanke you says there might be a short term trading reaction to what the long term story is very much in place that the fed cannot raise rates they said earlier that they won't raise rates for the next two years and so barring bad. there's really nothing i suppose change the fundamental story of this. right out of prison sylvan plotting how been

overshadowed in recent weeks as the price of gold wish record highs market turmoil i mean just with that salute to tunis or let's play a pot pleasant typically is more expensive smile than gold so rise but you know i think you remember a couple things one platinum is primarily an industrial metal and although from a chemistry point of view it's all considered precious metals platinum gold silver and palladium the reality is gold is easy monetary monetary asset it's money where it's platinum is really an industrial metal that has some of the characteristics of gold in the sense that it's a store of value. so platinum will catch up to gold because it's much rarer in the earth and gold is but gold is being driven by a whole different. factors a whole different range of factors and platinum gold is a monetary yes martin is an industrial asset it has a scarcity records which if size is the factors that are affecting the price of gold and you've mentioned these the federal reserve decision they're expected to

announce another round of quantitative easing so what do you expect the gold rally to continue. because you know and i want to point out that i'm not saying that lightly and i know you know the history is full of people who said the rally will keep on going in the next day you know a collapse of the fundamental situation as we talked about earlier is that gold is a traditional safe haven it's a store of wealth the alternative to gold currently doesn't really exist you have these of certain situations where when the u.s. government owns the faults on its treasuries people ran out and started buying u.s. treasuries now when you take a step back and say that's crazy people think the banks are going to go under so they sell all their stocks and to put their money where in banks again that's crazy so the fundamental underlying story is this continuing economic weakness in the western world continuing budget problems that are being covered up by printing money and so the gold story is still very much in place all right let's just some of the issues gold related that is one. plans to transfer his call from western

banks to merging countries like russia is thought to the market i don't think it's impacting the market i think the winners will find that the liquidity of physical gold is a lot less than a thinks it is there's certainly a lot of issues with that and of course that leads to another issue there's a lot of conspiracy theories of course that a lot of the gold that is said to exist in various false doesn't actually exist there that's a whole different topic but i think in the grand scheme of things venezuela moving its money you know it's called resources around is really not effecting the market much about all right thank you very much for analysis that's in my conscience a good goal to make you think you. would still have time to have a look at those figures oil prices are high underpinned by the crisis and all retrieve it investors are looking ahead to the speech of the head of the federal reserve on friday and all eyes are now on whether ben bernanke will announce another round of money printing to prop up the u.s. economy and actually the price of gold as you can see from the graph growth gold has slumped to one thousand seven hundred fourteen dollars per ounce losing about

two and a half percent this all that stuff to hitting another record high of one thousand eight hundred dollars earlier this week the falls down to profit taken i'm hopeful new measures in the us to try to stick its recovery. and european jazz assuming it pulls just start today on the back of strong performance in u.s. markets bucking the trend cold weather is the foot so you don't almost sent this. and finally here in moscow dropping slightly in the first witness of the arch as an advisor gave you your all and broken my sense is gaining too translucent and the our chances are about eighty percent let's now have a check on some of the individual show moves on the my banking stocks are among the main gains the solid burbank up almost one percent meanwhile mining for gold medal is in the red on we could gold so no surprise and another matter mine now and it is down just was strong seconds. quarter results the company pulls a set profit by fifty percent return five hundred eighty seven million dollars.

given it out so we have time for now another business update and that's the last time and don't forget you can head to our website for more business stories and i'm always about sarky dot com slash business.