seven o'clock on a friday night here at moscow this is artsy with me rule research a british tornado jets have fired at cruise missiles at colonel gadhafi compound and a control bunker in his hometown of sirte and comes despite nato his previous denials that it would assist rebels in the hunt for the libyan leader and u.n. calls to arrest the leader and not to kill him from now reports from tripoli. gadhafi still remains the goal number one for the rebels and since the beginning of the peroration here in the libyan capital tripoli we've been hearing numerous reports and we've been here in numerous statements by the leaders of the rebels that they know could off his whereabouts first as you remember they've announced that they've captured captured say for the slum cut off his son and then it turned out that he actually hasn't been captured then we've been receiving information that the rebels know where gadhafi is here in tripoli and they had that they

cornered khadafi and that's been in had winds on many international news channels for quite a while but it actually didn't end with any concrete detail and can create a success and today as well we are receiving reports that the rebels have flooded the streets of tripoli trying to hunt down qaddafi what we saw were driving from the tunisian libyan border to the capital tripoli differs a lot from what we used to see here in libya in june and july when the western part of the country had been controlled by cut off his forces. flags. waving everywhere and all the buildings all the walls covered with crush say in arabic english and french welcome to new libya welcome to freely meanwhile remind us of the recent battles everywhere we've seen many bandon tanks burned cars there on the

road actually we've also got a feeling that the rebels are the only people left in the because of the cities we've been driving through looked abandoned empty like ghost cities and the rebels are now facing many many problems the litter is of the rebels have repeatedly been talking about elections and constitution changes but actually that's that's not easy because there is a huge problem in structure this country's home to at least two thousand tribes and the one who. wants to control to the country to have good relationships all the rebels are facing financial problems because the country's economy infrastructure has been badly affected following six months of fighting but as far as we know un pledged to release one point five billion of dollars in aid to help the rebels to rebuild this. country meanwhile there are skeptics who are saying already that

the rebels are not well organized the very challenging will be very hard difficult to control exactly where this money goes and whether this money goes to actually what they. have used to go and actually this is not the only concern about. tripoli a city in chaos there's constant gunfire both aggressive and celebration and on the outskirts of the capital stockpiles of chemical weapons nature you know very little about the people who might come to power. tripoli so now if you've got this cache if of weapons of mass destruction that again people really don't know what's there and if this is falling into the hands of certain people i mean the situation is potentially disastrous despite the heavy presence of rebels in tripoli the chemical stockpile appears still to be in the hands of what's left of gadhafi government that's both good and bad news following

a series of meetings in two thousand and three moammar gadhafi agreed to allow weapons inspectors into libya the first step towards abandoning his w m d program in return for a normalizing of relations with the u.k. and u.s. they agree that he wouldn't use all move the material but now thanks in part to nato support of the rebels he's on the back foot and may feel he has nothing to lose by disregarding that agreement these. victory or martyrdom will strike an ominous note to those who know of his weapons potential given the violations of the national territory of libya by nato led rebel forces i think that the idea that he would be beholden to these types of these agreements would be off the table at this point and certainly he was quoted as saying in early july that he would be willing to strike out europe if tripoli was attacked so i think it's a fair assumption to say that if there is that capability that he would be looking

at that option at this point at any rate but the alternative rebel control of chemical weapons is arguably worse according to many some of the rebel factions have links to al qaida arab commentator abdel bari atwan says the west got itself into this trouble and now it has to decide how it will figure it out and the. attractive we know that the majority of the people who are fighting muslim extremists how that the two is going to be with those people remove all of them and i believe their post would be more proper i'm i think than that. there are some indications nato is considering putting peacekeeping troops on the ground in libya regional experts warned that could be seen by parts of the free libya movement as an act of aggression but having supported the rebel movement nato must now deal with the consequences even if that's w m d armed islamic extremists.

the rebels prepared to receive a new tranche of money from the u.n. a history professor at oxford university mark almond draws parallels with how the cash was handed out in iraq and afghanistan. libya is not entirely sure who controls their us but i also don't. believe the rebel national transitional council has spent much of time actually not and in libya but actually in places like qatar and now traveling around rome and paris and so we're going to work. for our place in the boys from benghazi really are those some high profile folks from different america and it's certainly a long time to want to get our physics minister of the shadow if it is and i'm afraid we would also ask ourselves if my experience in iraq and afghanistan with billions of dollars went missing should really really send in cash and this is what we're talking about large wads of cash to benghazi without think there exactly

who's going to account for it how it's going to be spent going to recede there are rivalries between those who want to be against gadhafi and those who turn against recently but also between those in the west who actually cross into tripoli who feel they've done the fighting and deserve the almost mother was winning and who a bit suspicious of the people from benghazi who got a lot of diplomatic recognition early on don't necessarily have much of a reputation for tough fighting into even now after all they've hardly been able to dance very hard westwood's despite. the regime so i think there's a lot of trouble waiting to happen and people who say it's not like iraq in many ways is in some ways a more problematic situation we faced in iraq in two thousand and three. now you can express your opinion on the situation in libya by going to our website and participating in our latest poll of the starts right now today we're asking what's coming up next for the libyan people almost a half believe quote they face

a slow war for years to come the prediction and all in the. line the second half of the second most popular response and some of you say that will take it from here but a full victory is going to call the last. thousands of people have once again taken to the streets across syria in protest against president bashar assad's regime at least a protesters were reportedly killed in crackdown on demonstrators on thursday let's get the details now live from all these ridiculous go in the syrian capital so what details can you tell us about what's happening on the ground right now. well as you've said thousands of people have taken to the streets in syria this has become sort of a friday. for the past five months for people after their friday prayers to come out on the streets and protest their regime from what we know so far is that the majority of the protests have been happening in the mold district of syria not

particularly in damascus itself although there have been several arrests there as well today and yesterday for example most of the protests with up to two thousand people out on the streets have been taking place in cities bordering. cities in regions bordering syria is. syria and turkey of course you have to remember that on thursday the most prominent political cartoonists in syria has been severely beaten by armed men and now it is assumed that those men were from. the governmental regions groups and of course that has spurred a large wave of protests the cartoonist is now in hospital and of course a lot of people are saying that this. has been something that the government has been doing but of course the government is saying that. the crackdowns which they have been carrying out with thousands of people people dying in the process the

reason for the crackdown is the government says it's because there have been armed groups infiltrating syria from various other countries including places like iraq or saudi arabia and they say those armed groups are behind are behind those from protesting against the change of the regime and now we did speak to some people who would not talk to us from camera who did say that fortunately there is some grain of truth to that the armed gangs which the government of stalking about sort of develop this strategy of when they come behind the protesters who are protesting. the current regime and they start shooting and then the armed forces the police are starting to shoot back as a result of these protesters who are stuck in between a rock and a hard place and they are the ones dying and this is this is what's happening according to those people who have been to the protests and also pointing to the policeman who did not like i said who did not want to talk on camera so in fact the situation in syria is very volatile and it's basically hanging by

a thread because unfortunately and that's the cries for change of government and minutes the cries for reforms to be implemented unfortunately there is also violence which is starting to come up and is starting to shine through unfortunately there has been a lot of religious tension in the country as of late and this is a country which is not used to that so what we're facing right now at this point is is a pos is the possibility of a vid another libyan scenario breaking out in this middle eastern country so arenas are saying that the revolution seems to be escalating without the involvement of ethnic violence but let's talk about the bigger picture here president assad's come under heavy international condemnation for the crackdown so what's been the response from damascus. well like i said the government insists that the measures that they are taking are absolutely necessary because of the armed groups and like we also mentioned earlier that groups do seem to be in place but. the what the

government says is obviously not enough to convince the international the international observers that everybody else is over the world that what they're actually trying to solve the situation gets they have done away with the emergency rule which has been in place since the one nine hundred sixty s. since serious confrontation with israel but there's more that needs to be done a lot of people are just days of the need of jobs they need a greater freedoms they need. more human rights which they say are being violated and that obviously the crackdowns which have been happening this standoff between the government and the people of this standoff which is being enforced by the police and the armed forces is not doing enough in order to convince the international society. leaders that the president and the government are actually in control of the situation it looks like they're just they're trying to suppress the boiling of the people in the country at the same time you have a lot of people here who are absolutely perfectly fine with the regime because they

are afraid of the current regime be should the current regime be god. the country will enter chaos and primarily that chaos will be based on it really just intolerance because because at this point we have to mind that the groups the religious minorities are being taken care of christians and others but it should not go away a country where more than seventy percent of population are sunni muslims may be facing total mayhem in terms of in terms of religious balance so the government of course is saying that they're trying and they're trying and will bring forth changes which the which the population is calling for but the international society isn't convinced. and the u.s. has implemented sanctions against the country which prompted various prompted basically the shut down of credit card use all across the country we have actually encountered we basically have to go to another country in order to get some money

out of the bank machine we've seen lines of people people are lining up by automatic telling machines by the banks trying to get some cash out and that of course is not working so whether or not those sanctions will actually bring forth any any fruits in this regard is yet to be seen as you're alluding to earlier could still be early days yet into resolving this conflict that he's going to go live from damascus thank you. all the way here and picking the new president find out what voters in the public because you are expecting from the new leader you will succeed at the late president but how. europe's spreading a debt crisis is threatening to draw in front of the government announces new austerity measures amid concerns it could lose its aaa credit rating the new deficit reducing package will see some twelve billion euros worth of cuts plus a three percent tax hike for the rich but authorities daniel bushell explains the

move could be too little too late with fears that social unrest is just around the corner. france enjoys a triple a credit rating but now puts it one of the ploys debt ratios among the world's top rated states many investors bet on it to follow the u.s. and be downgraded just repaying interest on its debt this year has overtaken education and defense as the government's biggest spend was just mr sir causes presided over the biggest jump in debt levels in our history books that carry too much water since. france has gone above the tolerance limit admitted prime minister as he explained the new round of spending cuts this week but economists fear things is so bad those cuts go nowhere near enough and you can compare it with people saying we're going to buy a lumber genie and they only buy a porsche and they call that austerity doctors warned france's huge debt burden is

bringing truly under-investment in schools and hospitals. hitting. winter and. computers. and old fashioned. out of the situation's explosive say experts and frauds could be next to witness roy it's like those in britain was deprived regions the likely spark the inner part of cities in the suburbs. are certainly segregated to very high extent far more so than in the u.k. or in germany so yes unrest could come from the suburbs and spread through nicolas sarkozy's flying a fall from france as he can on budget they taze pacific island of new caledonia with students planning street protests over the cuts he's left the job of

presenting them to his prime minister to let them take the. four and hopefully unions students retirees can march directly and protest against their ministers paving in the sun because these absence in this time of crisis writes leading newspaper le figaro may be clever politically but his failure to tackle the country's troubles now could be creating even greater problems for the future of the new bush you see. meanwhile the world markets took in stride the news the u.s. federal reserve chairman ben bernanke said that no new steps will be introduced to boost the economy let's get some more details on this cross live to our business on our board here at the marina not exactly what the markets were hoping for well no not what they were hoping for but that they are making a comeback u.s. stocks are already trading in the black and russian markets ended the trade in session on the positive note as well and of course yes investors didn't hear what

they wanted which was a third round of money printing but ben bernanke it didn't rule it out he did say that they would consider end september and we'll have all of these cells for you in our business program shortly. all right see you shortly marina now let's go to our world update here on our twosome headlines from around the world this hour first to nigeria where a large explosion has struck at the u.n. complex in the capital of a buddha leaving at least sixteen people dead dozens of injured have been taken to hospital witnesses say a suicide bomber drove through the security gates in a car laden with explosives and smashed into the building the blast happened in the same area where the u.s. embassy and other diplomatic posts are located police say is the longest militants could be to blame. found prime minister has formally announced his resignation paving the way for the country's leader in five years his move follows nationwide criticism of its response to the devastating earthquake and tsunami that took place

in march and triggered a nuclear crisis at the fukushima plant between a natural disasters claimed the lives of more than fifteen thousand people with survivors complaining about slow recovery efforts a new leader of the ruling democratic party who will most likely become japan's next prime minister will be chosen on monday. at least fifty three people have been killed in an arson attack at a casino in the mexican city of monterrey gunmen burst into the venue sprayed it with fuel and set on fire around one hundred staff and customers were present at the time many people were trapped inside and ended up choking on the smoke authorities suspect of the attack which was one of the deadliest for several years was connected to organized crime. it's a big day for the little republic of which is electing a new leader following the death of its president. passed away in may his country for more than six years in a struggle to retain independence from georgia. is in the capital for covering the

presidential. three candidates have stepped in to try and take his place the vice president the prime minister and the former vice president all of them at the moment strong contenders it's not known well whether there is a lead contender at the moment as far as russia is concerned russia plays a big role here in helping to maintain the stability of the region they say that none of those most of those candidates really are a very anti russian all very particularly over pro russian they wouldn't really have a problem with any of those kind of having having one so it's yet to be seen what will happen tomorrow as to who will win this whole contest watched also by many international observers at the moment a cause is independence it's recognized by only five countries in the world but there are representatives of twenty seven countries here to watch these elections

some indication perhaps of the interest in the elections here and also of the fact that georgia's calls for people for observers not to cover what's the selections georgia still considers. to be part of its territory for an on on some death is twenty seven countries worth of death is we talked to one of those foreign observers earlier a representative of the swiss couple. who was invited to. have. a very quick reaction from georgia who says oh no don't the girls are it but my impression is good they can exactly support what you are doing here you know because you are fighting for your silver into your turn to be independent democracy appreciates the context of this country now as a people are fighting for the freedom georgia still claims a cause and self-assertive to the east to be part of georgia and so technically at

least there is still a threat a military threat to the entire. all of this small caucus is for the public there's also five thousand russian troops helping to protect. so in both the sense of its territorial integrity and in terms of its economic strength the country has a long way to go it's hope that the next president will go a long way towards fulfilling those dreams. now for more news our stories and videos just go to our website of course our team here a couple of items waiting for you on line there right now the prosecution for the case of alleged victim who suffers a serious blow to the judge rules the statements the russian made before his extradition to the u.s. work. also online for you to the core read about the symbolism some people are drawing into the news that the washington monument the world's tallest was cracked when a quake should be eastern seaboard of america. for

the business with marina. hello and welcome here on i see the markets have been waiting with bated breath for the chairman of the federal reserve to outline how he would rescue the u.s. economy and by a placation the world economy bazza ben bernanke his speech from jackson hole proved to be an anti-climax he signaled knowing the moves and that the fed would not be cranking up the prince of prices for three now or the last stronghold last strategist at very low capital believes bernanke he did a good job. he failed to disappoint both the pessimists and the optimists and given that the given that the the world's financial markets are really been focusing on

this speech now for most of this week to get it just about right and i don't leave markets moving very rapidly in one direction and the other is probably the balance you want to get actually i think they're going to switch and look to where the problem really exists right now which is in europe so they'll be watching europe next week and to see where the bond markets in europe continue to react as badly as they have been in recent weeks if that happens then without standing behind to make some positive statements and i think you could see some further weakness in the markets what mr bernanke he was pointing out in his speech actually is that now you need to see something more from the government from fiscal policy you need to see help with mortgages in the u.s. you need to see structural reforms it's not enough just to print more dollars and help hope that by printing more dollars you're going to print your way out of the current the current mess the problem in the u.s. these fiscal and structural and i think that's where. the government will now focus

. but let's take a look at the market so oil prices are down despite fears that the hurricane irene could this stuff will finally production on the east coast over the last and after a steep thirty six hours sell off in the gold market the precious metal are stuck between danes and losses on monday it reached a record high of ninety one hundred dollars per ounce and this was followed by a three day correction. all over and they go as stocks opened lower ahead of plan by nine thousand students only call the need but they are now limits and losses and masters have also been reacting to all those they know and consumer sentiment which turned out to be slightly higher but still shows a lack of faith in the economy. and the european stocks are recovering some of their losses as the fed chairman said the session. and has tools if necessary to bolster the economy. and let's take a look at what's happening if you're ever in. both the artsy has and the my side

close the trade in such a positive territory there we go we can see actually we're having a bit of an issue with our graphics but they're actually close the trade in session on positive. let's take a look at some individual moves on the my sex for its allies or act wrong again after it almost tripled first half net profits still make or m.k. was down the company posted thirty million dollars that profit in the second quarter of the year well below expectations and the other still major civil stall is in the red after posting a sixteen percent rise in second quarter profits and also below forecast. for duty on oil will increase six dollars to four hundred forty four dollars per ton and september on thursday prime minister putin has also signaled. paul that export duty regime this isn't something to increase investment in refining and help

avoid a repetition of the fuel shortage there's seen earlier this year. and russia's biggest problem and gas producer novacek has got a license to develop new fields and west siberia analysts estimate that the poles let's say that loose the trillion cubic meters of natural gas companies already represented in the region were jointly runs n l n g project with gas from. and that's all the business news for now for more stories you can head to our website or to dot com slash business the headlines are next of henri.

twenty years ago country. this. where did it take. wealthy british. market. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines kaiser reports.

the headlines now. claims the coalition is locked involved in helping. the country's weapons of mass destruction. for economic growth in france the country announcing new austerity measures of twelve. cuts for the rich but fear could lead to public the country. with much of the country lying in ruin. at this point have already cost.