what's really happening to the global economy with much stronger or no holds barred look at the global financial headlines. as reported in our. top stories on our t.v. water and food shortages bring libya to the brink of a humanitarian crisis as the opposition again says it will last negotiate with the fugitive colonel gadhafi. enough is enough and also says watch out into syria us and immediately and the opposition not to stray for political dialogue if it's truly believes in a peaceful state. talking to officials once again defend the last efforts and say we'll be here over the dead contagion sweeping the continent even as they warn of the euro zone is already dismal economic growth is likely to slow even further.

it's just after nine pm here in the russian capital you're watching r.t. now to our top story efforts are underway in libya to try to restore water and electricity supplies in tripoli rebel leaders have asked nato countries to protect the teams trying to repair basic services well they've also once again rejected the possibility of holding talks with moammar gadhafi archy's many if at all should i isn't the capital or a humanitarian crisis is unfolding. what we're hearing here in tripoli from the rebels makes their position absolutely clear there will no be any negotiations with gadhafi and all they can provide him they say is safety and fair trial the rebels information minister. has said that if even if gadhafi personally called him and asks me to go she says he will not never talk to him he has added that are the rebels are not negotiating with the criminals and with the killers and reason not talks but as i had called in battle colonel gadhafi is government spokesperson who

say blue green has sent a message to the rebels about his readiness to hold talks with the rubbles on forming. a government this statement comes just a week after the rebels assault on the libyan capital tripoli as a result they are virtually controlling most of the city they are actually right now controlling most of the country as well as the situation here in tripoli i would describe this situation as humanitarian disaster the tripoli council has said that from sixty to seventy percent of all residents of the libyan capital don't have enough water and electricity due to technical problems they say emphasizing that it's not related to fight scenes on the streets the sixteen faces severe shortages of food and medicine as well and electricity even here in corinthia hotel where we are steyn and where most of the foreign journalists are staying

there is no water per day water free day here in this in this region is very complicated and people are struggling. a doctor or sign back in berlin based middle east expert says it will be a challenge for the transitional government to restore peace in a country where many carry guns. to do the job right now they have been assisted by nato imo so i've been very critical right from the. nato. supporting the rebels but now the situation is as it is. now the there is a challenge for the libyan transitional council for the people themselves and i think that nato should be as we elect reluctant as possible toward interfere once more like the libyans themselves is their security let themselves go their way politically so i think the next step should be to really find out where gadhafi is and then really try to stop the fighting but this may be may turn out to be quite

difficult as practically everybody has has an army has an arm has a gun and so this will be a very critical measure taken by the government and then of course next steps have to follow the political steps getting some sort of legitimacy for the transitional council. the u.k. has gone beyond at the u.n. resolution on libya says british m.p. very gardiner he's from the opposition labor party and voted against the intervention you can wash your full interview next hour but here is a preview. it was very clear in the original un resolution it was very clear our prime minister spoke in parliament here that there would be no occupation force one of the things that troubled me all was being unreasonable as to whether there should be troops on the ground as the rebels were going into tripoli we heard go let go let go left these instructions

being yelled up by obviously british soldiers british personnel who were leading battle advance group now that i think is where we've overstepped the line. oh you're vouching r.t.m. there's plenty ahead for you this hour including surviving on a scraps all u.s. carmakers who once received the bailouts and are now reaping the rewards for locals of detroit are forced to deal in a scrap just to make ends meet. and a real out of this world experience a russian built orbital hotel is due to be put in space of just five years for those with cash to splash on a perfect. but russia has once again called on the conflicting sides in a syria to end the bloodshed and move from the battlefield to the negotiating table and also urged countries opposition to yield to

a peaceful solution as it says this is the only way that will lead to a democratic reforms and comes as russia's deputy foreign minister has been meeting the syrian leadership are visiting a solution has more. russia is calling on the syrian government for an immediate implementation of all promised reforms and forces stationed off because still it is between all conflicting parties that is the government and the opposition forces in the country that was the message from the kremlin which was relayed to the syrian government by russia's deputy foreign minister bugs out of who is in the syrian capital damascus now russia has had a special stance on syria ever since the beginning of the unrest in the country the proposed u.n. draft resolution which will seek to implement very stringent sanctions against syria is something that russia does not agree with in fact moscow has come up with its all in a resolution on syria which does not seek to put any harsh sanctions into place by the does call an immediate implementation of all reforms among other things that

russia has also encouraged the opposition leaders to enter a dialogue with the government something which the opposition leaders until now have been refusing to do but say the government has been delivering word police trying to delivering some of its promises like for example the implementation of freedom of speech just on sunday a new law has been passed in syria which does allow for foreign journalists to come into the country in order to report what is going on on the ground here and that has not been done and up until now and because of that a lot of reports which happened coming from syria have been somewhat confusing and the r.t. crew has gone into one of these one of the talons which has seen at some of the largest confrontations between the government and the opposition forces in order to see what is actually happening there and we've brought back this report let's look at the reasons special significance for syria and for the president bashar lassoed his father is from a village near the city in which the population is predominantly just like the rest

of the province the process began here in march of this year this is one of the main buildings this is one of the main squares in the city of latakia the syria itself headquarters located on the right in the middle of this syria tell us a company. the telephone company which was owned by one of the cousins of the president and the protestors expressed their hatred towards the regime by looting the place and then burning it violence returned to the top yet again just a couple of weeks ago claiming more than thirty lives and the government protests broke out in the sunni part of the city officials said they were battling with armed groups which they say have infiltrated the area now what's the story here the story goes according to the protesters according to the opposition answer majority of the midwestern media sources is that there were a warship stationed right here in this bay and they were selling this sunny part of the town which is all along the coastline right over there and the middle of that part of the town is the palestinian camp but you have to keep in mind that

according to the u.s. administration who were obviously monitoring the situation there were no warships stationed in this bay on the seventeenth of august or earlier on the surface it seems to be life as usual but once you take a closer look signs of unrest come through so we got to the sunni part of the town and there are no signs of any fire coming from the side of the seat where supposedly ships were there differently signs of battle you can see by the bullet holes in the walls in the. story provoking they are forces so they were. some buildings were damaged significantly some people unwilling to speak on camera gave us views critical of the assad regime saying the government is to blame for failing to deliver on our of month old promises of reforms this they say force that people are storing up protests the reluctance of people to be interviewed may not be surprising given that we were accompanied by unarmed

military escorts throughout our trip from our talk in syria if i was to go party. as moscow keep searching president assad to enflame at his promised reforms we spoke to the country's ambassador to the u.n. to the thought of sure again and he says russia's western partners are too keen on russia for an exclusive rate of the syrian problem and. lead to truth i think the logic of a gauge no borger finding a political accommodation rather than the logic of an old polish member and got engine strife in syria would show that you know you would be to me the whole log onto the free video section of our website to watch his interview in full. mission free printing free storage and free. range and free. free. tuition free. and free volunteer live video for your media project and

a free media gun to our t.v. dot com. i was speaking at a special economic summit in brussels the president of the european central bank has defended it europe's bailout driven survival efforts amid a widening divisions on managing the debt crisis talks focused on halting the spread of contagion even as that you commissioner warned that growth in europe's all stagnant economy would slow even further officials also call that critical to work out fresh problems stemming from their loans demands for collateral from greece a move that could derail a second one hundred sixty billion euro bailout for the country at a patrick yellow executive director of the investment firm and t.v. advisors believes that the risks of between the e.u. nations make it impossible to offer and meaningful solution to the crisis. this is a fascinating meeting because actually it demonstrates that within the e.u. itself there is a very very significant struggle an argument over what is the process by which the

eurozone needs to be saved the difficulty is that a lot of the politicians own bureaucrats involved simply have been too slow to realize the extent of the problem because they managed to pin to put the cracks for the past five or six years they thought they could keep doing so if you coing these false agreements that signed wonderful everybody says the euro zone crisis is solved and there's within a marker of a few weeks we have a further crisis in another economy and week more money so there's a very very fundamental argument going on within the european union the euro zone needs to come together with sensible lose because at the moment they've been throwing money at any possible problems and all they're doing is all here all for cracks in the edifice in the structure of the building and that just won't do you know the french and the germans are up hold by this whole situation because they want to try and get together a kind of fuzzy warm solution to what goes on but it's just not realistic the

french and the german government want to blame poor ignorant nasty speculators but actually the speculators are wrong the speculators are people who are looking after your and my pension fund money and they see the euro zone as being in danger so there's a very big argument looming today well if you missed any of our stories you can always find them on our website at starting dot com and here are some of what's also there for you after a plane have voted with us tropical storm ivan passes to canada but many think it's lost most of its power after biting big apple. and starving in the space sas remarks on the i assess will have to tighten their belts after a cargo ship carrying vital supplies of birds up in the atmosphere remaining food and water now has to be rationed as investigators try. figure out just what went wrong.

well the u.s. car industry was on its knees the government intervention to avoid a fatal crash while the also emotive giants are once again reaping the rewards of sales people living in the country's car capital have gained nothing while detroit is some sort america's big three car companies but more and more of its residents with their life on the margins of society as large as many important. this was once a city that symbolized america's innovation and manufacturing money. but kid a detroit is the third most violent city in the u.s. with unemployment estimated at auction fifty percent according to officials a once glamorous motor city now has more people living in poverty than cars on the

streets home foreclosures a continued flight to the suburbs which takes the tax base away from the city and there is more and more of that the decline in the school system. is making people leave the city and so there is no money to really in the know there are no jobs here and as the u.s. census points out a quarter of a million people have left detroit in the past ten years the economic scars of this once vibrant city are impossible to escape roughly sixty thousand vacant buildings and thirty five thousand abandoned homes lined the streets of detroit hollow shells of america's former middle class which have ignited an industry of scrappers people who strip these properties of copper wire and steel pipes. as a means of income. scrappers swapped ruins for profit yards like this

just five miles out of detroit scrap yard owner albert talat says he sees new faces every day live it may they get the kaiser by peter he's going to make everything gonna help even more hellish is the sight of a city looting itself landmark buildings and foreclosed homes are gutted for survival go around and lead over the little steel bring to sligo in addition to scrappers an increasing number of cash stops working americans. are treating goods for greenbacks guy in a lexus and we're going to the suit and tie and low brass lamp or you know he's not into the. recycling kind of guy who broke your ability a u.s. president promised things would be better for america's car making capital after the two thousand and nine fifty billion dollar bailout to general motors and chrysler our auto makers are in the midst of their strongest period of job growth in more than a decade since g.m.

and chrysler emerged from bankruptcy the industry has created more than seventy five thousand new jobs for the first time in six years ford g.m. and chrysler are all operating at a profit g.m. has reported six straight orderly profits chrysler's revenue is said to be up by thirty percent nearly fourteen billion dollars from last year what about bail in the people out you bell about the corporations who bailed out the banks and doesn't mean a whole lot because the people who are in the cities still don't get those jobs those jobs are still being outsourced in this once great industrial beacon of american ideal for henry ford pioneered the famous model t. production schools police and fire stations now stand a ban get as many americans are reduced to dealing and scrap your cake are just to make a. meet. r.t. detroit. president medvedev has far the starter's gun for the russian parliament

reelection race during a meeting with all the political parties representatives in the southern city of sochi where he signed a decree setting the election date as the fourth of december this year and he also warned the parties against adopting dirty tactics like nationalistic and extremist slogans in their campaigning they did have also discussed changes to the election process with the representatives well such changes will possibly include mandatory primaries used this year for the first time by the united russia party to form a list of candidates. now let's look at some world news in brief this hour after leaving twelve people dead and nine and missing in the philippines the typhoon is moved its trail of destruction to taiwan heavy winds and torrential downpours have cost the evacuation of subterrane thousand people from the southern regions the high speed rail network the country's vital artery may be suspended or the thai food is now on course for the eastern chinese coast. at least thirty five people

have been killed in a series of bomb attacks across iraq the most violent glass wrong at the largest sunni mosque in western baghdad claiming twenty eight lives well the explosions come as the muslim world it celebrates the ramadan no one has claimed responsibility for the flurry of violence although an al qaeda linked group had promised attacks during the holy month. japan's finance minister yoshihiko noda is set to become the country's next prime minister or that's after the rule democratic party elected him as its new chief will replace the outgoing prettier not a cause and will be a japan six foreign minister in five years his predecessor phrase tremendous pressure over his response to the earthquake and tsunami earlier this year as well as a nuclear crisis which followed. but for those eager for a break from down to earth troubles a russian company has come up with a perfect solution just five years time they're planning to open

a hotel in space though the price tag is astronomical as that it was over found out for some the chance of having the ultimate retreat is worth it there is getting away from it all and there is this the first ever hotel floating in space could be the ultimate escape and according to its leaders this is an industry spend to see stansell mobile in europe we'll launch the commercial space station in sixteen and receive our first guests in twenty students in english designed to host seven guests at most it is likely to become the most exclusive boutique hotel in the world so you get the hotel will be far more comfortable than the current international space station used by cosmonauts and astronauts guests will be able to enjoy an individual cabin and shower cubicle instead of respond and use of all the ices have to do with and toilets with and instead of water due to weakness miss visit is really only be able to sleep in the bags attached to the walls where there

is a choice to sleep only sometimes although to go as for the food it is promise to be delicious cook with your room if it will be super de luxe true but everything has to be top level. just getting there will be an adventure in itself in days onboard a russian so you spacecraft and a chance to rub shoulders with real astronauts to the hotel will be used as an emergency retreat in case of a crisis on the international space station i think everybody is correct a chance if they if they get it to go to space it will be in the future but in making the first steps now thirty three year old you've given you want to qantas to become the country's first space tourist he may be lined up for nothing more than a suborbital flight he says it's just the start so much of this of the old boy's dream of the feel would only fuel the felt but there are so many restrictions that

can prevent you from goals for example health or money and that's certainly something that is likely to become a stumbling block almost earth well as a cost of a trip and the money the estimate price for twenty seventeen starts at about sixteen million dollars only. really rich individuals or corporations interested in their own space research it could also be an interesting options for states which don't have a national space program but we can offer them a really good deal. and actually room in one of the world's leading hotels certainly has its advantages having to choose between sleeping vertically or sleeping here i'd certainly go for these questions but there's one thing about space hotel that even the most luxurious place on the planet won't be able to be and that is that me from the window after all that's what most people go there for the view of planet earth in all its beauty gary r.t.

moscow. and outside for the business update with oil. colognes a very warm welcome to the program for pessimism about the prospects for the world economy is also being felt in russia the economic ministry has lowered the country's growth forecast for this year by and much to four point one percent that's just part raising its forecast for the average price production and investment is growing slower than expected while increasing consumption is mostly. going to straight specs g.d.p. growth to continue to slow until twenty. one also disappointment after two was a plus for russia was that the cancer is taking too much time to return to the present growth rate just remind the present specialist romney's seven eight percent the grossly year now also goes where do we raise some growth which is relatively crude well you better rush developed countries but it's still your love for percent

year on year which is not much impressive in russia ciggies as local investors do compare russia with other recount. as a result of all the means facing now is it looks like the positive surprise offender will come out of the falls and fourteen because of budget time although the cabinet would be already a rebel leader not only do you plan to change is good business climate and basically to be a radical invite international or a russian investment to stimulate economic growth. certain to play you the brawls financial markets pushed capital outflow to a five year high last week and lists from emerging pretty poor fund research say foreign investors took almost five hundred billion dollars out of the country got so little the total immersion markets all formed during the period. high global crude prices are having a negative impact on oil exploration and russian producers are squeezing all the come from existing well sprawl and respecting the new opportunities this has led to

a six percent decrease in drilling this year it's an aerial the industry analysts say is a rich is suffering from a lack of investment they warn if there are not big tax breaks for the ration the country will not be able to maintain current levels of output. which brings us to the market and oil prices the office our oil is climbing on the rebound in u.s. consumer spending until i'm close by the most in five months using it because that's another recession may be coming and straightest either of which is a sign of energy demand for oil and gasoline will rebound. looking at precious metals gold is low of a solid losing one point three percent and it's pretty hard with one thousand eight hundred three dollars per ounce to soldiers also down crazy difficulty one dollars per ounce because stocks are high on monday up to date or showed a very transparent movement spiked last month and european stock markets as of the sessions were always you can see those principles windows london markets were

closed for good or to. undergird day for the russian markets which closed at their highest close in two weeks the r.t.s. has gained four and a half a cent in the money since added three cents and a quick look at some of the individual shares moves in the my six banking stocks were among the best performance was burbank up five percent tried to make most of those in the black as well that comes as the company posted three and a half million dollars last prophet of cows on the thirty million dollar loss just last month generating company i j k two was also on the rise after posting a sixty percent jump in first half of the hoods. and russian retailers don't want help from foreign giants to develop the russian market the companies that the country's leading chains expired and big needs have posted second quarter results showing a fifty percent increase in net income x five richo says it wants to cash in on the russian market. well she will be in pretty. retail chains hold less than thirty

percent of the market while in developed countries this bigger reach is a cheap stuff around so it's more interesting for russian retailers to realize his potential by themselves when the market is saturated maybe it will make more sense to cooperate on some foreign majority we've got sonja. that wraps up the business bulletin for stories you can always had told website about starting a dot com slash business and another business update a must was times stay with us. there

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