markets. find out what's really happening to the global economy for a no holds barred look at the global financial headlines. cause a report on our. turkey it spells the israeli ambassador and cuts military ties with television over the country's refusal to apologize for the deadly raid on the goals of the tiller last year. it was fun to meet the u.n. reports that claim to love it would you think except of course that still finds it . is legal when you more developments in just a few moments on television the. libyan rebels close in on gadhafi his last remaining stronghold but because of himself a man on the wrong one of his secret bunkers through feel that the fugitive escape route could stretch way beyond the rebels' reach. and starving the regime a new round of sanctions against syria was agreed by the e.u. targeting the countries on exports what you called the twenty five percent that's

in. our top stories this hour of. international news a comment from our headquarters here in central moscow where it's just past ten pm this friday night turkey is downgrading its diplomatic relations and military cooperation with israel over to me its refusal to apologize for last year's deadly raid on a gaza bound for the toilet its hat left nine turkish activists killed in reports suggest a un investigation has condemned the use of excessive force during the incident. isn't it. what we are hearing now from turkey is that it's telling the israeli ambassador from ankara with immediate effect now let's follow as is also refusal to apologize for killing nine turkish citizens who were part of that goes for to them attempt to break the israeli blockade on gaza we are hearing from the turkish

foreign minister that in addition to expelling the israeli ambassador they are also downgrading all diplomatic ties between both countries to the level of second secretary and that they are freezing all the military cooperation not initially tookie had given the israelis the deadline of the publication of the human report as the time by which they lifted and were hoping and with planning for an apology but last night thursday the new york times published in the u.n. report that report found that the israelis had used to coated explosives and a reasonable force and that the loss of took his life had been an acceptable the report though did find that the israeli blockade on gaza was not illegal its it had to comply with international law and it did say that those israeli commando units that had stormed the ship were met with force and have the right to respond with force the timing certainly is a graphic and on september twentieth the palestinian leadership will be appealing to the united nations general assembly to accept a unilateral declaration of

a palestinian state now there are already growing concerns here on the ground that they could be violent at this time throughout the week we were following reports of the israeli army arming there there were reports that they were arming them with stun grenades and tear gas so those reports are be downgrading of relationships between israel and turkey comes at a particularly bad time when the situation on the ground is already tense and could potentially just be exacerbated even further. well meanwhile the u.s. congress is considering legislation that would block american funds for any u.n. body that supports the palestinian push for recognition the obama administration is . staunchly opposed to the bill introduced by a republican lawmaker saying it would undermine washington's international standing . russia from alternate news magazine joins me now to shed some light on this legislation thanks so much for being with us here. but what does this suggested

legislation actually say about the republicans themselves and their view about what diplomacy is all about. you know a lot of the bill is really just about the republicans cozying up to the israeli state and you know they're very close already but you know especially that the woman who introduced the bill representative ileana roe slayton who is from florida is historically conservative and historically pro israel and so they're basically about not recognizing palestine as a states one of your recent articles i've read that you've actually called this bill blackmail can you explain what you mean by that well it's a little bit more about extortion by. the booms this is under the guise of forcing the u.s. and so why is there their economic powers is the way it could be handled their finances and a lot of people agree democrats included that that kind of needs to be redone and

needs to rant but you know by doing so it's actually all about how they're really holding them hostage now and this bill is not going to pass the senate will never let it pass the president will never sign it but it's really sending a vocal message to the israelis say that you know the republicans are on their side you say this bill will no way be passed but the very sentiment behind it's not exactly very helpful is it towards the middle east peace process just how divisive could it be even if it doesn't go through. well you know again it's really drawing a line and you know most people kind of already know in the united states that the republicans are and. a pro is a is really. i think it's really just got the potential to cause a lot of more a lot more fighting across the aisle it's not about pork barrel in general because i always say yes it's not going to pass it's very symbolic it's another example of

republicans trying to gum up the system and any kind of governing happening under president obama. is so very divisive but what he also make of this suggestion about cutting ten percent of u.s. funds for peacekeeping operation operations and why would those sort of missions be a target here. well i think in general the republicans feel that the united nations shouldn't have the power that they do and that coupled with their current push for it's terry and the idea that they're cutting a fine and everything that is there anyone socially across the u.s. and but we're all in need complete sensibility that generally you know they want to put more money into the defense budgets in america's offense so why not put money into the u.n. they also mentally are opposed to the concept is what it comes down to what is really interesting to hear what you have to say that's all we've got time for

thanks so much judy and ask about a shepherd from alternate news magazine thanks for sharing your thoughts on this thanks so much for having me. both to libya now where the rebels are tightening the noose around colonel gadhafi has lost major stronghold his hometown sirte the fugitive leader's forces have been given an extended deadline to surrender which expires next saturday bottom of the four an audio message aired by syrian t.v. run it his supporters owed them to fight on against the rebels and nato alliance has vowed to continue its airstrikes on loyalist forces saying the u.n. mandate to protect civilians in libya still stands the coalition is also moving to release billions of dollars of gadhafi is frozen assets to fund libya's reconstruction that's not crossing live to the u.s. and. an expert on africa political analyst about yomi as a key way thank you very much indeed for being with us what with nato keeping its airstrikes there are moves to secure lucrative oil contracts in libya some would suggest that the u.n. mandate to protect civilians has dire has now just become

a license to harvest the country's riches would you agree with that. well this has been the case for the last five and a half months the passage of united nations resolution one hundred seventy which simply placed an arms embargo on libya and in effect impose an arms embargo on the libyan government and not be going to see the rebels who are being armed the nato forces also if we look at the un resolution one thousand seventy three that was designed specifically to impose a no fly zone on the country has been used as a pseudo legal rationale for the bombing of water treatment plants food storage facilities to destroy the oil industry in libya also to attack hospitals and clinics and now we have a horrendous humanitarian crisis is taking place right now not only on for police but in other parts of the country and this siege that is taking place right now

against circs and sabat and other areas in the southwest of libya is no less than a crime against humanity the libyan government has offered four months to engage you negotiate a settlement with the m.t.c. of nato and all of these overtures which in fact have also been advocated by the african union the fifty four member continental organization has been out right rejected by nato and by the allies inside the country so we see this clearly as an act of the regime change and also to bring about the theft of the national assets of the national resources of the north african country of libya but there are many saying of course and the people of libya themselves saying this is what we want to be want to the regime change we couldn't have done it without nato despite the devastation you're referring to isn't what has happened in the fulfillment of the libyan people's wishes. there's no indication to suggest that we saw in july hundreds of thousands of people coming out in tripoli and other

cities in support of the libyan government and the support of the leadership of the market duffy the national transition council has not been elected by anyone inside of libya they have no political mandate to govern the country the african union has not recognized the m.t.c. because of the character in which they have conducted themselves over the last six months the fact of the matter is is that they never would have gotten out of benghazi if it had not been for the direct military assistance of the united states and nato they carried out over twenty thousand sorties approximately seventy five hundred airstrikes against a country of six million people that has virtually no air defense and a very minute and very limited military defense capability so this is clearly not a war on the part of the libyan people against the government but a war on the part of nato to really explore the resources in libya yesterday was

clear proof of what the real any of that objectives of this war is they had a meeting to discuss the future of libya and paris this meeting did not take place in africa it did not take place in libya it took place in europe and this is nothing but an attempt to colonize north africa and they are beginning with libya which has the most lucrative war resources in africa have the highest standard of living in africa. so this is clearly an act of forced removal and definitely which seems change very interesting to hear your thoughts understand that we are running out of time with the satellite link i'd love to talk to you but thanks so much for what you had to say anyway very interesting life in the u.s. political analyst and the only as he way thank you for your time. colonel gadhafi remains a man on the run two weeks off the rebel forces overrun tripoli his whereabouts are unknown and some reports suggest he may even have fled abroad but the rebels believe he is still in libya hiding in one of his numerous secret bunkers and went to ground for r.t. to go to the scale of the challenging hunt for gadhafi but what's been hidden from

the eyes of the public for many years remaining just one of the legends about the colonel became a barrel of oil once the rubble took you pull it here it is the answer is to pick up is and the ground city. the we are going down a sign in arabic at the hatch says the rats this way this is what people in the call khadafi believe in his run away under the ground hiding from the rebels. there is no sound here of the greater shootings of ground it's dark and humid and scary some believe that gadhafi had built a bomb shelter are those that it was a facility for the macabre his intelligence services. look like living rooms like this one. others just like prison cells yet

there were more exciting finding so i had this incredible rooms here just packed with electronics of all kind. look at this. it looks like professional equipment for surveillance a very very old. james bond type gadgets abound amazing how many with most similarly never having been used shelves of cases where can brown little and big cases from the mall to was feeling stick are was there. it's quite old one. this seems to be a briefcase recorder and just next door piles of all and video recordings apparently taken with it is not is a day to find a device to play all the tapes looks like some of the secrets will never be

revealed. as this is a video recording of the interrogation of a cia agent guy and here's his name. we've found here i classified marked top secret. well that's an interesting book about legal and illegal eavesdropping methods bugs amongst us it was from here that the libyan big brother had been watching his residence carefully no one can say for sure how far this underground tunnels through which i believe four kilometers and kilometers some claim one of the corridors leads to the airport let's try to. that's not easy ok. here we are. this looks completely different the roster is here let's check out where we emerged in the

city the dark of either way we spent a while on the ground it's not easy to recognize the area. let's ask the guys in the car. how money coon dog. the money the money. well get in the money as far as i know this is more than fifteen minutes ride from bubbles is here where we started our hidden journey which is of least twenty twenty five kilometers and this is just a fraction of what's buried there under the ground well while there i thought could be a priority in the country with the extraordinary facility like we've just seen that could prove and incredibly difficult task. r.t. tripoli libya. syria is facing a fresh round of sanctions targeting it's all exports off to e.u. countries agreed to adopt and god france britain and the u.s.

are also calling for the u.n. security council to condemn violence in the country but is there a new bushel or. has a new round of sanctions targeting syria's. comes into force only on the fifteenth of november because italy has asked for an extension to allow its existing contracts to be completed. percent of syria's oil which accounts for a quarter of the country's income so to risen to the country this really syria economically libya's oil reserves have been secured over this week because we've seen boy power so exposed here say the way you can safely go ahead and cut off its supplies without affecting deliveries to europe as well as all sanctions the e.u. also plans to expand the list of people with an assets and travel ban another four top officials have been added to that list the u.s. will stronger u.n.

resolution condemning the violence in syria russia is against any resolution of such kind it insists on social economic reforms in the country there have been reports western reports that some two thousand people killed since since march in anti-government protests there is some amateur footage the grainy footage that no one's very fired and most foreign journalists from the country so it's unclear where they're getting that information from some in fact think these are actually empty government protests the infighting between religious groups in the country our correspondent recalls from syria we want to poorest areas of the city of homes that this is where generally people are to gather and then proceed on to the center of homes in demonstrations this is where most of the rest happen is you can see this is a very lively area as we said tradition happens it's more of an event now when we talk to people they told us that majority of the rest to happen in the city happened because of the religious basis they're not against the government they're

not for any product called matter and this is most of the things that do happen in homes most because. for see that does happen on sunday because all the religious basis of politics is because. the sunni muslims say so you know there have been no takes none that we have seen we did see some i mean residents which are trying to keep the area under control or to prevent the end breasts which they are religious groups but other than that it's we haven't seen or heard any shooting we haven't seen any tanks and that wife really seems to be running the way it's usually runs until of course television crews show up and start filming in the middle of the day now we also have been in one of the most dangerous areas of homes about a hundred right around the time often in the air unfortunately in syria the period after noon prayers has become somewhat a traditional time for people to take to the streets and for violence to break out but we were lucky there was no violence this time around. the u.n.

had tribunals surprisingly missed an important piece of evidence in the case against war crimes suspect record not each there's no see for a copy of an archive interview with former bosnian serb general just a few weeks ago in the channel it was recorded shortly after the alleged massacre. and one thousand nine hundred five in features but not it she making serious allegations against u.n. peacekeepers in bosnia ati's and somalia has the details. what was an archive of never before seen video footage of that interview before r t published it summit two weeks ago very serious claims there and really that's what makes it so shocking that the tribunals missed this what could be very important evidence in the trial archie of course will fully cooperate and hand over that video footage to help with the ongoing proceedings in the hague i just want to give you an idea of what exactly was said in that interview one of the strongest statements as we see it and i'm quoting here is instead of disarming the muslim formations as they had

committed themselves to doing the united nations forces trying to safe areas into terrorist and fundamentalist bases from where our villages and towns were attacked now malott it also goes on to say that he believes the un was smuggling weapons into demilitarized zone so you can see the severity of these claims and how they could possibly be very important evidence and again shocking really that the hague tried you know this this type of first off because it was filmed in one thousand nine hundred five just after the serbian it's a massacre which is one of the atrocities that melodic shiz is being accused of why he's standing trial in the first place and second of all it was filmed by a western t.v. station is available to the bosnian our costs are very surprising that this video footage which could certainly be a very important moments and very important material in the trial dismissed by the tribunals and it's eighteen years of existence the tribunals has faced harsh criticism about it being biased it's fierce his critics go on to say that it's

a political show not a court of law and this is going to not weaken those claims and by this i mean of course this latest news that the tribunals mr what could be very important evidence and part of the fact the reason i should say and what these critics base their facts on is that seventy percent of the indictments that the court has issued have all been against serbs and when you look at. who is been tried over the past almost two decades you could say when you look at the serb side and the other non serb generals or officials that have been tried a lot of them have been given much lesser sentences and some of them have even been acquitted and again this lead is if you will missing of evidence by the tribunals is not going to help in criticism that the hague is in fact bias and he said no reporting there now let's take a look at some other news from around the world in our world update this are fighting erupted in sudan's blue nile state it's the third time clashes

a flare up in the disputed border area since south sudan declared independence in july officials say soldiers attacked several parts of the state capital the muslim including a government residential building about two hundred thousand people have fled their homes in the neighboring south kordofan region they can use no water south sudan's independence has claimed thousands of lives. militants are kidnapped around thirty pakistani boys who mistakenly cross the are not afghan border while picnicking in the tribal border region the incident took place on thursday when the children aged twelve to eighteen and been celebrating the second day of a muslim holiday he'd some of the group minister escape and run back to alert local authorities both sides face a challenge in securing the disputed two thousand four hundred kilometer stretch of the border between the two countries. also in the world update the julian assange could be facing prosecution in australia over wiki leaks cables recently distributed but not individual names being cut out government officials

say at least one intelligence officer was identified as as a result of the leak and under australian law publishing information that might identify one of its security officials is a criminal offense and search is currently fighting extradition from the u.k. to sweden to answer allegations of sexual assault. the u.s. federal agency is trying to find a multi-billion dollar lawsuit against leading banks for misrepresenting the quality of mortgages soldier in the hells and crisis to the subprime debt scandal which last home loan giants fannie mae and freddie mac. more than thirty million dollars i should say thirty billion dollars resulting in a massive government bailout bank of america could be the biggest loser j.p. morgan chase bank also among those facing action. well i'll be back with a recap of our main story shortly for you but first you is next with business news .

hello and a very warm welcome to our business update ukraine is preparing another move in the gas dispute that's become a chess game with russia the country's prime minister wants to close down its gas monopoly enough to guts. he has the details. ukrainian gas monopolists nafta gas company will cease to exist that is according to the ukrainian prime minister nicolas out who stated that in the next several weeks they will find means to respect arise the company and liquidate the monopolist not the guys in its present form when we also understand that ukraine's present economic vision also said that by the first of october the company will be completely restructured renamed and all of its duties will be delivered to several different companies we understand partially the nothing else monopoly of them and after gas company will be merged with the russian gas giant gazprom and we've already heard confirmation on that from the head of the gazprom company i don't see media that is very interesting

especially given the fact that ukraine has been pushing very hard to change the gas deal of two thousand and nine being unhappy with the price that is currently trying to moscow for the russian natural gas so some experts suggest that so rapid liquidation of the nafta gas monopoly can be somehow related to the fact that ukraine has been trying to alter the two thousand psi and between moscow and kiev. consent to seem you know from russia's national energy security funds any breach of the existing contract between russia and ukraine could disrupt gas supplies to europe. if they said that's not how i got. into meals that there is no legal process. as our guests rule or ukraine with music they could this be a strong and of course russia will stop our exports to europe and the supply of our

gas to ukraine so it means the beginning of the second guess well. that's a quick look at the markets european stocks fell sharply on friday as a few stocks survived a broad based sell off of data showed us charts growth crunched to a halt and for this tightening concerns the economy. could fall interest session jump his steps in the schools the roster for more of europe's main indices one of more than three percent. russians courts would deeply in the red up there close to cracking if you're a fan of the us well on this appointing you as job stated that some of that some of the individual show moves in my six energy may just worry among the main losers i meet with the courage bucking the trend for special type make it t.s.k. to companies that stop net profit could triple to two hundred fifty eight million dollars and pulls gold was up on strong a precious metals. ok that perhaps of the business bullish in the options right now more news from a website archie dot com slash business. will

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