this is artsy with me rule received emergency crews are searching forests in a southern siberia for potentially toxic wreckage from the unmanned russian cargo space ship that crashed on wednesday the progress vessel was a ferrying food and fuel to the international space station when it fell back down to earth for the first time in its thirty year history. as the latest. the rocket broke into three separate pod says it failed to reach the required speed to carry it out through the earth's atmosphere it spread itself over a wide area of forest in southern siberia they said saying they were 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 nuts picking berries so the process of finding out if anybody was caught up in this incident was the authorities have said though and they are saying 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 for stephen 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. 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 up into space up to the international space station it's the only ferry between us and the i assess what we are hearing leaking out from. is that the soyuz program is being put on hold the currently six astronauts on board the i.s.a.'s from russia the united states japan they were giving a huge they were given a huge resupply from the last shuttle mission that can last them for several more months quite comfortably now what i mentioned earlier on though about the soyuz being 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. docked at

the international space station at the moment there are only three seats on bullets . should they have to try and evacuate people from the space station their only space for three people all not without as i say no space shuttle anymore only the soyuz the only way to get up there and take people up and take people without thoughts this could grip prove something that we're going to have to keep an eye on the food situation all comes down to the astronauts training and they'll be looking to get food soon as possible to them. he's part of a right that one of those may no official comment yet on whether russian 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 so use a rocket carrying the crew is slightly different but not not that much to prevent

then the one that lies to progress they're going to want to make sure that anything that is similar they could go wrong on that one you know won't won't happen they want to make sure that it's safe and it's a fly so they're probably hold off until they're sure for that for that launch itself i think that there's a general perception that these types of space launches are routine over time they may 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 rockets that are yours in seven days it's a tough business and it's unforgiving. still ahead for you this hour a security breakthrough korea says it's ready to return to the six party negotiation table as its 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 russia. to find out the watering some he's going to be.

wanted dead or alive a reward of almost two million dollars has been offered to any regime loyalists who delivers colonel qadhafi to the rebels is also reportedly being promised safe passage out of the country if he renounces his leadership because of his whereabouts still remain a mystery but rebels think he's in or around tripoli 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 carving up of libya's a vast oil riches is already in full swing. surf reports on the western powers lining up for a piece of the pie. jill to the house of mesa motor was and you'll strike oil whether or not that saying when it comes to libya well it's going to play a pivotal role in the countries here we have to fear is from interests that means.

western interests to be destroyed. also the rebels are finding we. need the government interested to restart sending all of this is possible a stranger to the concept of friends with benefits. being quick to casey out to the needy transitional council inviting the public face of the great brill to italy. these places you have here an ally in the nato a bombing campaign began back in april throughout the switch sides. the rebels so. the agenda third visit is expected to be discussions about lucrative energy contracts with libya before the war almost a third of its least daily energy needs were imported from libya and oil giant any was the largest foreign operator in the country the government had been doing all they can to safeguard these contracts but the if they will be able to maintain these previously close business cards is by no means a given in

a post gadhafi libya the future looks 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 the struggle to adequately understand the internal workings of the rebels themselves. among the rebels there are many factions in the midst tunisian people. disorganized and chaotic and many chiefs of these groups of rebels are from the politicians with gadhafi and then they completely change their face with the wind as they send it to me i think corrupt politician he. could be personally on a number of occasions three business directions less than a month ago she returned from a fact finding trip to libya with a handwritten letter she says was written by gadhafi to berlusconi 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 trying just two months before the libyan uprising the letter goes on to ask why did you join our enemies without any diplomatic dialogue or investigation berlusconi now seems too busy making me friends that was that maybe the final chapter that deathy when he did the conflict will continue. to say that the end of gadhafi opens up a new phase of the war which is among the rebels and there is no. says both in italy and in general in the upcoming meeting on who would be the person to talk to who will be the future reference points in the new libya now is silly along with many in the west could well find that previous lucrative relations may turn out to be just the rainfall that the french there. is now taking

a back seat after helping the rebels advance into tripoli but it's assisting in the hunt for colonel gadhafi u.s. government advisor on terrorism dr walid to fires that could if you could still mount a counter offensive while the rebels face some stern tests khadafi has many supporters in his birthplace and many supporters in the south if gadhafi has left the the tripoli area up to the south he could well unleash a new insurgency saw his regime want to 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 multiple units of the libyan army because what we have right now is a multitude of militias many of these militias are islamist militias they have their own political agenda and then you have what's 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 so

a lot of issues have to be addressed really before only focusing on qaddafi or even thinking of the contracts the oil contracts to come. meanwhile are 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 on the american c.b.s. news channel saying the spirit of the arab spring is due to spread i could also reached china. has details from washington. senator mccain has got a very far 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 a 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 levy the people of many libyans are outraged

by the fact that foreign powers of essentially made those choices for them and looking back at egyptians to don't seem to have achieved what they were fighting for so as far as democracy is concerned in those countries there are still lots of questions but according to mccain it's all great and the fire of our placings should move on to other countries first stop syria according to the senator right after could alfy he said it's bashar assad is next to a fault but too many mccain's statements are not surprising really because he's seen as a mouthpiece to those forces in washington who have this hawkish mentality and would want to see some countries go upside down especially rich nations or strategically 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 and 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 showed 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 forty 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 rebel and recall not clear really someone someone had to ask him that question because there's a lot of discontent in mccain's home country but to senator mccain obviously you know haley is other people as one wise french writer said. well the u.s. and some of 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 the plan with moscow saying countries should be encouraging dialogue in syria not

punishing it with reports from the country hard to verify the way it's perceived from the outside is decidedly one sided so it is worth a national. began to run for clarke in the morning this is how the world has been watching them dressed in syria through mobile phone cameras and to footage from the war stricken country has flooded international news or rather blooded killings and executions 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 the come. and shout help they're killing us next door. these are not credible ways to assess a situation the un has condemned over the violence against his people but damascus emphasizes from a far until recently low un mission has crossed the syrian border hyundai's a correspondent with saudi arabia based international news channel in syria he says

the government should claim itself for the country's image of the real heedlessly burn foreign journalists finding missions from coming in and they don't allow us to work you know just take your camera and do filming even here in damascus and you should and i would never talk government made a statement there are ten million reporters in the country everyone has a phone why should do away with the lack of 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 while mobile video can give anyone and for him. 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 appear on screen hiding the truth about himself he tries to reveal the truth of another kind. of. information about what's going on. there are some armed forces on the ground that are going to billions while. the security forces are killing. unarmed. civilians and went out to broach the christian freedom i am muslim isn't afraid of being thrown in jail has been there three times already he's afraid of being killed or friends into one where you go. during the process because he was filming it was the only one who was thirty. but you have brought this and others are very courageous that syrian state t.v. brings their evidence to support their leader. most of them with. be

cheerful mother crying over her body apparently dead they said that was in the homes but here at the same picture indeed it was made in the iraq in two thousand and nine they condemn the said but they just play. one of the most oppressive regimes in the world food in the past has never been serious strong point because this is all we ask all the office for the truth to come out the birth 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 but that doesn't look to be among the media's goals and this conflict the press is not just about coverage it's a war and as in every war they go is to wean refuel. damascus

syria. to remember if you've missed anything we're covering here on our teachers check it out on our website r.t. 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 air defense missiles to tehran. plus the truth there is unlikely earthquake in the united states that took two nuclear reactors offline outside of washington d.c. could have been caused by a can quench of mining method known as fracking all the details that are to talk to . north 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. going it says it's ready to return to six party talks on its nuclear program without preconditions erica cirrhotic and 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 sitting 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 demilitarisation 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're 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 we have more than twenty

eight thousand troops stationed in south korea and close to one hundred bases and 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 let's check out some other news in our world update for you steve jobs. of the electronics giant apple has resigned as its c.e.o. following health problems and 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

a lot it was accused of responsibility for the killing of almost eight thousand muslim men and boys its weapon in one thousand nine hundred five it comes a day after their water time leader of rebel serbs in croatia pleaded not guilty to crimes against humanity the court. after being shaken by the east coast of the us is bracing itself to be hit by hurricane irene a 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 on wrote me to 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 get this 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 artie's medina cotton of a has more on this. the latest news coming from of the 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 the russian soil as we can now officially say that a long awaited transfer of the interim millan's striker atto has been completed the negotiations took more than a week but on wednesday so signed a contract and became an. player the cameron international under one's magical examination and will start training with his a new team today meanwhile of this move makes him the highest paid football player in the world will pay over thirty million dollars pay yeah and in the three years contract he will receive over nineteen million dollars lots of loan when and gold

bonuses in the space of a few months the dentist any football club has made had lies all across the world by buying leading international football players the team has already legendary brazilian roberto carlos has already signed a contract where the silver and also a famous russian a football player you these are of course meanwhile all that happened after the football club was a bought a by a 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 known all across the world. so it's good for business with. how and a very warm welcome to the business program gold has suffered the biggest drop since late two thousand and eight off to hitting record speak of nineteen hundred

dollars this week while the precious metal lost some shine as the comic has changed raised trading margins by the most to over two and a halt he has to curb volatility well to discuss the issue i'm joined by two mccutcheon c.e.o. double gold thank you very much for joining us today so gold has lost two hundred dollars and i wasn't twenty eight dollars was going on well i think you remember that it gained two hundred dollars in about equal and 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 things don't go all the time forever they correct they 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 it's still very much there and you know what you have is a continuing budget deficits in the western world the continuing printing of money to plug those deficits without any sort of real taxation power to balance out that effect and so you have inflation building up within the global economy particularly

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 market some direction but frankly everything's already been done interest rates are essentially at zero in the u.s. so the opportunity cost of holding gold road to dollars is none if you don't get any yield on your dollars anyway there's really no point in holding them. and then as a traditional store of wealth against inflation gold obviously four is much better than the dollar and so whatever bernanke you says there might be a short term trading reaction to it but the long term story is very much in place of the fed cannot raise rates they said earlier that they won't raise rates for the next two years and so barring that. there's really nothing is going to change the fundamental story of this poem right out the prism of silver and platinum have been overshadowed in recent weeks as the price of gold rush record highs market turmoil i mean just what the salute to me is for let's play a bought pleasant typically is more expensive to mine than gold so was thought 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 a monetary monetary asset it's money whereas 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 than gold is but gold is being driven by a whole different. factors a whole different range of factors and platinum gold is a monetary platinum is an industrial asset that has a scarcity factor to it it's not as 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 corners of easy so what do you expect the gold rally to continue. because you know and i 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 absurd 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 in this 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. issues so some gold related that is well up. to transfer his gold from west banks to emerging countries like russia is thought to impact in the market i don't think it's impacting the market i think that venezuela find that the liquidity of physical gold is a lot less than it thinks it is there are 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 wells doesn't actually exist there that's a whole different topic but i think in the grand scheme of things venezuela moving its money it's called resources around is really not effecting the market much at all right thank you very much for analysis to mccutcheon c.e.o. out of gold thank you thank him and we still have time to have a look at those figures so oil prices are high underpinned by the crisis and all rich investors are looking ahead to the speech at 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 back to 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 the cent the sound that softer 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 u.s.

to try to bolster its recovery and simpler. and european jazz assuming it pulls just start today on the back of a strong performance in u.s. markets bucking the trend however we could see down almost half a percent this. and finally here dropping slightly in the close with. the artist and myself you know roland over the mice is gaining. and the r.t.s. is up about zero point eight percent let's now have a check on some of the individual share moves on the my six banking stocks are among the main game is the solid. one percent meanwhile mining for gold medal is in the red on we could gold so no surprise and another metal mind and a. strong second call. results the company produces a set profit by fifty percent reaching five hundred eighty seven million dollars. well no given ok that's all we have time for now another business update unless you want us time and don't forget you can head to our web site for more business

stories and analysis that's our two dot com slash business.

welcome back here with. two in the afternoon other headlines now. after launch emergency crews are searching for the unmanned russian a space freighter which crashed on wednesday in siberia but soyuz rocket was ferrying food and fuel to the international space station when it fell back down to earth. rebels in libya promise of bounty of two million dollars so. dead or alive that's how western nations wasted no time in just looking for a slice of the country's oil under the new government. and the u.s. are pushing for more sanctions against syria after the crackdown there against protesters meanwhile journalists on the ground say there's a lack of objective coverage coming out of the country.