nato says it plans to continue its presence in libya as people on the ground claim the latest threat to their safety now comes from weapons falling into an experienced hands. multiple suicide bombings rocked the capital of russia's chechen republic on unimportant a muslim holiday leaving at least eight dead and over twenty injured. and as israel reportedly trains on the west bank settlers ahead of a u.n. vote on palestinian statehood experts warn it's the anticipation of violence that could actually sparked the comp. story in business russia's role staff has struck a multi-billion dollar deal with the world's biggest oil company x. and mobile deal this is just months after the collapse with the. full business

bulletin just listen to this from. a very warm welcome to you this is also you live from moscow with me will receive. nato says it has no immediate plans to end its operations in libya despite the rebels now controlling most of the country the alliance is a continuing to bomb the town of sort of the main stronghold which rebels have given until saturday to surrender meanwhile tripoli remains under rebel control but . reports are with almost every youngster in the country not carrying a gun it's far from safe. now how much is a levy in gravel he got in politics and fighting against gadhafi soldiers insufficient treating me with

a shot coming from his moves higher than that. i didn't even notice until my friend told me that my foot was bleeding and pulled the trigger by mistake he was himself . one of the biggest stories was discovered at the top security prison in southern tripoli where inmates were released after nato bombed the area. of the country it was with arms it looks like livin teens have already developed a fascination for the weapons of war. when i go out and have a real one and will kill bad guys like in southeast then your floor if you save lives gathering up weapons for mosques i hope police are back on the streets the young gunman in st paul reading this to maybe. we'll get it back to them as soon as they ask the system but many here are afraid that this addiction may have a painful wrist for the gun has become one of the symbols of the libyan rebels and

freedom for a new country though people want more peaceful symbols a fear that all be easy for many to lay down their arms when the guard has played such a prominent role throughout libya's volatile history riven r.t. three pally libya. patrick payne is a reporter for the online magazine spiked believes that nato wants to stay because it has no clear vision of what lies ahead for libya. fundamentally with the transitional government that's being put in place what you have here is a government that's been cherry picked by the west these are people that aren't elected they also need to try and win a debate with the libyan people about why they're in any way more legitimate gadhafi i wouldn't say this is in any way a revolution. the west western government basically bombing a path. of a rag bag of rebels and filling the vacuum left by gadhafi isn't in any way what i would. lucian but that's something that i think more fundamentally than that

there's been no sense from nato from western leaders what they were doing in the first place and they've not at any point had a coherent sense of what the mission is and there's a lot of talk a lot of grandstanding over the last few days about this a job well done there is no mission creep with the exam there was no mission creep going on it was only because they didn't have any idea of what they were trying to achieve in the first place and it's no surprise that now gadhafi is gone they're still hanging around because they're still unsure it's still unclear they want to get some brownie points from this you know and have made some short term political gains the results but it's. steven agronomy time of a front page and i'm guessing the fighting will go on even if colonel gadhafi is ultimately captured. i think even if we do find the daffy this is only the first stage of a multi-stage war in libya now the tribes are going to fight each other over the oil revenues or islamism is terrified in this. national transition council they've already assassinated the head of the military i think there is the beginning of the

problems this is really a tribal fight these tribes can be rented or not but this can go back and forth and who knows how long it will go like this is really a war about controlling libyan oil supplies they went to war against gadhafi because they thought they were going to be cut out of future exploration deals in favor of china and india so we had to be replaced now they'll tolerate a transnational council of nato as long as it can get the contracts that they want it they're always going it's in billions of dollars but if the transnational council starts giving a problem there will be more warfare to get rid of these people we spoke to british labor m.p. barry god that you opposed the iraq intervention in libya and your full interview is available on our website of course dot com up with an hour here's a quick preview. it was very clear in the original un resolution it was very clear when our prime minister spoke in parliament here

that there would be no occupation force that's one of the things that troubled me all this was this week and we give an insight as to whether there should be troops on the ground as the rebels were going into tripoli we. go there go to the left these instructions being yelled out by obviously british soldiers british personnel who are leading that advance group now that i think is where we've overstepped the line. it without me now amnesty international has accused syria of killing eighty eight people in prisons during a five month i'm going uprising activists claim of the victims were imprisoned and tortured to death for taking part in the anti demos this comes after at least seven were killed during a crackdown on the muslim holiday. of the transform conflict analysis center in about it thanks serious religious tension will begin if the opposition does manage

to topple president assad. will salute is showing signs of course if you were booing minority she. is doing the sects in syria but all. the position forces who you can go to and all you have after we talk to the gift it will give you do you because one day we will strive in the future of the people who are. yet to get through only in religious conflicts as long as everybody's united it is what we look if we are successful but when we see him we may see some religious tension. and awfully pretty much a lucia who's a professor at the university and thinks the revolution in syria is fuel from the outside and aimed at igniting a civil war. i think that the nato alliance using some regional tools like

turkey and the gulf cooperation council are working very hard to instigate instability in syria and this sort of instability will take a sectarian bent specifically they are working on agitating a civil war within syria and they want to call that everybody can have they want to but the purpose of such a war is to bring syria down to its knees to destroy syria like they did with iraq and libya will force the point is to recreate this syrian regime in a way that is more favorable to the united states government the nato alliance and the royal arab regimes from saudi arabia to moral call. it is nearly ten minutes past the hour here in moscow. still to come for you this hour financial

blame game. it is. political for us while e.u. policymakers accuse the markets of threatening the eurozone recovery experts point the finger at the politicians themselves they're in decisions. plus a multi-billion dollar war chest wasted by the u.s. we look at where the american taxpayers' money allocated for iraq and afghanistan went and we ask the experts if there's more bad news to come. three suicide bombers have carried out attacks in the russian republic of chechnya leaving eight people twenty eight injured let's get some more details now and of course live to our correspondent in a question of all the latest on this story so details coming in to you know what is the latest that you can tell us here. the capital of the chechen republic grozny was headed by three blasts the first happened late in the

evening on the road leading to the siege is our forte a suicide bomber blew himself up when police tried to stop him for an id tag half an hour later as the same planes of the first blast of the third attacks happened when investigators and emergency workers arrived at the scene overall age people were killed and among them six confirmed to be police officers and another twenty two were injuries meanwhile one of the three terrorists has already been identified he was the brother of another suicide bomber who tried to carried out an assassination over the republican leader in june last year meanwhile this multiple bombings in one place is a toxic we're already seeing the used in iraq and afghanistan by other terrorists and the leader of the chechen republic i'm sunk a bit of disquiet. behind this attack as criminals and he said that they have once

again shown their true face as they have nothing secret with these attacks happening on one of the most important muslim celebrations of the day of. the end of the holy month of ramadan and of the a number of a terror acts across of the world increases during this holy month for muslims. synchronized it's all getting the police and then targeting investigators arrived on the scene or shortly after what has been a courtroom like you. another tragedy in russia's chechen republic modern day marking the end of a holy month of ramadan you can log on to our website to see how thousands of russian the muslim washed was gathered in the capital markets spilling out of the surrounding streets and lanes. in full at.

it with r.t. now it's two global energy giants america's exxon mobile and russia and you have to have struck a multi billion dollar partnership agreement but cooperation will range from the gulf of mexico all the way to russia's vast arctic shelf the sweeping deal signed in the presence or prime minister putin of the black sea resort of sochi gives the russian company and the president i just think u.s. energy projects in turn america's the biggest oil company will participate in developing a past untapped oil reserves in russia's arctic now this puts an end to the hopes of another giant b.p. to be part of the project the state secretary to the ministry of foreign affairs of norway which also has a big share in the arctic and told us what role his country will play in the exploration of the territory. the world needs more energy and it must be taken from somebody. one of them is. promising regions norway has its you

know the physical share of the articles of how to compton size extremely valuable in other. arctic regions and we've seen that the russians are inviting not only or norway in but all sort of the countries inland we can companies are playing in. rows in different projects all saw it in russia. you can watch the full interview with the noise of state secretary to the ministry of foreign affairs that is coming up next hour here on r.t. . come september israel will be hoping for the best but preparing for the worst the military is training and also reportedly arming the west bank settlers as they expect violence with the u.n. to votes on recognizing the palestinian statehood next month but as artist paula slip reports it's the actions of the jewish state and not the ballot that could lead to a black church. the united nations might be meeting next month to declare

a palestinian state before more than half a million is really sick as they couldn't care less there has been so many the sessions they cleared in the un that have absolutely no meaning and are baseless un only wanted nobody's your home palestinian state they'll be the ones now going home and like it or not nigeria and other israeli settlers will soon find themselves citizens of palestine once the un recognizes palestine within these borders now there's no argument this is occupation international law apply for months now the israeli army has been fine tuning its response to the un vote. about a lot of equipment for more than two hundred women. from also training a lot of reserve soldiers around twenty million dollars in the separation the army

is also training sick lives in self-defense the working assumption of the israeli defense establishment is there comes a ten but they will be confrontations between israelis and palestinians they fear that they will be marchers protests and in some cases even violence but it's an assumption and many would say overreaction that threatens to inflame the situation on the ground israel has been doing everything it can to. this whole idea of a boat and it's not only the palestinians it's shortchanging this fear that through the spreading also among their own properly. both is not justified because at the end of the or the policy of arguing is a political step in trying to achieve legitimacy through politics and i think this is far better. than can try to achieve legitimacy through prayer or war and the irony is that the army might just be focusing its resources. the wrong

plot relation you think that we're going to leave the country the biggest danger though is that as these radio defense forces prepare for conflict people on both sides of the border begin to expect one policy r.t. tel aviv. although we are always eager to know what you think about our top stories or today we're asking you why israel is arming its citizens and some of the writing on r.t. here are the opinions right now divided at the present time being the majority believe it's time to provoke an armed conflict and thus torpedo the un vote on palestinian statehood eighteen percent think israel is just protecting its citizen thirteen percent say the aim is to distract israelis from the country's economic woes and the minority considers the israeli government to be over cautious look at r.t. dot com get involved and have your say. the e.u. is the economics commissioner olli rehn has expressed concern that uncertainty in

the global financial market could do rail hopes for a european recovery a special meeting of the european parliament who calls for e.u. leaders to implement crisis measures agreed upon last month part of including a second greek bailout to save the euro from catastrophe but with the deal and not yet finalized markets where we have what politicians are doing there is according to italian a business journalist francisco sixteen. in europe the main point is that politics and markets don't see a really decisive political leadership until brasil coming pain steps in with some political real strong measures called the euro i'm afraid will be still ball up and europe has not come to grips with the north for all solution for both the greek crisis but i would say also for the european crisis impact he tele in spain are also in dangers and these are much bigger economy and.

therefore much bigger risk and dangerous to your royale with a financial issues no reserve across the ocean labelling us discuss ways to crawl out of that. the problem in our economy isn't a lack of liquidity in the world's awash in liquidity it just doesn't know where to go japan's long term prospects are terrible and european welfare states are collapsing and of course the big government policies of bush and obama have made the united states very unattractive so i really think the fed is completely out of the picture all they can do is make things worse by giving us i guess nine hundred seventy style stagflation the problem is the banks themselves weren't terribly intelligent so they took the free money they made a great deal of profit out of it and then lo and behold they decided that they'd pay huge bonuses to lots of traders because these traders they regarded as being

superman and that was very unfortunate because ultimately if you give me money for nothing it's very very easy to make a profit from it and that's all quantitative easing has achieved. you can catch up of course talking about hours and ten minutes from now the u.s. senate committee on a wartime of contracting has found that thirty billion dollars of taxpayers' money is missing or is being stolen by contractors working in iraq and afghanistan over the past decade i report claims the money was squandered due to poor planning and lack of oversight and outright fraud by u.s. contractors and federal employees the findings that will be presented to congress says washington for first to cut defense spending to tackle america's enormous because since all the report won't be

a complete surprise for cost control of reconstruction in afghanistan already confirmed last october former bush administration official michael o'brien told us more waste. thirty more billion could be wasted because things have been built that won't be able to maintain they won't they can't maintain them in countries like iraq and afghanistan you have to when you build something like a power plant you have to be able to maintain and operate it and the afghanis simply don't have the ability to do that i predict anyway american firms will have to go over there and they will have to stay there operate these power plants. and if the government of afghanistan if karzai. says no no contractors will take care of it we'll end up paying afghanis engineers an operators to maintain these things and i feel safe in saying that money will disappear. assistant editor of antiwar dot com john says this report is

important but the hopes that can change the situation of foster the dying. the recommendations within the report sort of have the air of usual washington type advice. and other bureaucracy to watch over and for oversight in this department you know hire an inspector general so on and so forth i'm concerned that the recommendations of this committee although their analysis of the waste is very valuable i'm concerned that their recommendations won't even take place or if they do they'll be wasteful still. you would r.t. if you're in a few moments i would have business and it's been our time for our world update the united nations as one of a possible rise in violence in the cause of a meeting in new york the u.n. acting envoy to the region has called the situation tense and unpredictable that's a month after a violent dispute with serbia which cause or thought he's trying to take control of

two border crossing points the region declared independence from serbia in two thousand and eight a move not recognised by belgrade. hundreds of protesters have clashed with police in south africa ahead of a disciplinary hearing of the ruling party's youth league leader julius malema is accused of sowing divisions in the african national congress and embarrassing the president by calling for a regime change in neighboring botswana police used water cannons rubber bullets and stun grenades to disperse stone throwing demonstrators faces expulsion from the party at the closed door here. and in the united states the number of dead from tropical storm irene has risen to at least forty eight that's a massive rescue when it cleanup effort is underway along the east coast thirteen u.s. states have been affected by the storm which caused billions of dollars in damage the flooding caused by irene is believed to be the worst in its.

more dramatic footage of the aftermath of tropical storm irene on our website dot com and on a lighter note i go to. free video section for a front row seat to an annual musical spectacle if you want. head to head with drumsticks as a musical battle unfolds in the very heart of moscow with red square hosting the us . military types here. and there's a new outfit in town as these people for once leave to be welcomed into their new home a more serious and it's i think it's right on to the free video section of all websites who are catching that first steps. mission three grids nation three destroyed churches three arrangements three. three stooges three.

old free born killers in videos for your media project a free media gun to our teeth on something. all right our time now for you to get your business update kareen is here. welcome to our business. russia has struck a multi-billion dollar deal with the world's biggest oil company exxon mobil just months after the collapse of time with b.p. the americans for a will become main partner and exploring the potentially huge reserves of russia's arctic shelf say started four years in turn russia's state run oil group will take part in exploration projects. including the deepwater gulf of mexico texas partnership could generate up to five hundred billion dollars of investment yourself as a boy from deutsche bank believes that the significance of the two poles well

beyond russia just. now with this deal there's. greater sign of the openness of this sector with regard to foreign investment that i think should be a trigger for greater capital inflows into russia which in turn is quite important because until recently you can be in flow of foreign car was very subdued and russia this inflows of the i are still around fifty percent lower than what we've seen before the crisis so i think this could precisely be one of those triggers that could point to we've changed the situation with respect to capital flows issue with respect to our friends. and let's have a look at the markets now like sweden is declining heading for the biggest monthly drop since may that's all speculation about increasing coups stockpiles and you was indicate. colter the world's largest economy but bread is just one option to sell

a quick look at precious metals gold is trading flat i was there. the week selling pressure on the metal is supported by concerns that the u.s. federal reserve will launch a new policy to spread the. markets in asia trading. next this hour hong kong stocks are moving with gators among property and technologies dogs but just on the yen is pressuring japanese exporters had a sonic dropped over two percent of the three films down to. here in moscow the trading session will kick off with just one hour's time but markets closed mixed on tuesday after the release of poor macroeconomics attack sticks in the rights. positive sentiment says waiting in long russian equities as europe's most takes center stage told monday at a christian believes this will be to keep private moving forward. ok for the rest of this week the markets certainly going to be focused on the economy and really on

the u.s. . the big stories are going to be non-farm payroll numbers that come out on friday we will see manufacturing manufacturing numbers coming out from the u.s. again that's some of the mark to trade around but i think the general trend is going to be a swing away from looking at the u.s. bigger focus on europe that's not to say there was one great valuations out there russia in particular in particular looks great some of the songs on the spot about numbers this week they were about it's all. gaston so it's had a bit of a pop at the beginning of the records well because the market of course understands the cheap and understand that it's sensational form is pressing ahead so it's not to say there's not some good stuff out about the market so you continue to be cautious and stocks will trade very volatile. lewis without a will allow its currency to float freely from its a tender that i was has been facing its worst economic crisis since the collapse of the soviet union public disorder panic in the state the good well it was devalued

its ruble by thirty six percent in may after pre-election spending spree drained the country's reserves meanwhile foreign currency has been hard to find since bring in the black market exchange rate. that's just out there for this hour but don't forget you can always log on to our web site actually got called the stories. the.

wealthy british style. is not i'm not surprised by. markets why not. come to. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into kinds of reports on our cheap.