privilege of rebuilding libya countries which bombed the states rushed to cash in on its destruction those who are opposed to the intervention see their business deals go up in smoke. exchanging threats u.s. warns it will take action if iran goes ahead it's about to close a vital waterway for oil traffic in response to western sanctions. people became very draconian jaring this time is very simple oppressive and they would have supported the government to bring in the army to sort the problem out and riot play britain was one of the landmark stories we bring our correspondents inside into the days of summer. parties special series of reports on the twenty

seven's main events. very warm welcome to you watching our team well straight to our top story now libya is currently going through a tough period of post development after its infrastructure was badly damaged by the civil war and nato bombings and other countries which first bomb that libyan cities are cashing in on rebuilding them tease reports now from tripoli. they may have how to bring down the house but they were very careful not to burn bridges as libya rises from the ashes of civil war countries that poured the oil into the fire and now i mean to get sheen i'm doing the believe that russia benefited more than others from trading with get out this regime is. very

widespread here in tripoli and it's simply not true in two thousand and ten most school was number seventeen on the least a previous main trading partners accounting for just zero point four percent of its international trade the countries that had the largest trading volumes of. size me the one that spearheaded the campaign against the european union the united states and turkey and they're all on their own jostling for contracts to rebuild believe via some of them help to destroy you do. everything the way they did a good. american business style is still a bit of an oddity here but it's already catching up construction firm on our richard peters arrived in tripoli just before their prizing to seal a multi-million dollar contract to get off his government the war and peter subsequent incarceration threw him off track but now he hopes to make up for it i don't condemn anybody even the people that work for him you don't have

a choice here if you don't work for him what do you do die. to reach your companies also involved in rebuilding iraq and afghanistan after the u.s. led invasion and lead to is familiar turf he even says the country's business potential make shamble all over their post conflict areas there's nothing they don't need here you know if you compare it to like the united states everything they need everything we have you know everything there infrastructure has to be totally redone all the all the facilities you know i mean some of the things we were involved you know was executive centers with golf courses theme parks these people haven't really had any entertainment all these years so now you can imagine getting you know a theme park or a little disneyland americans are no the only ones just looking for food called turkish airlines was the first to resume commercial flights to tripoli and they're now packed with businessman scouting for opportunities. even during good.

this time turkey was pretty comfortable doing business in libya and fourth largest trade partner lost here but many now hold for even better deals following its early recognition of the rebel authorities definitely few have a strong correlation with. what he. confesses. to for the business. the only ones who are still for small wonder claiming their business interest in libya are russia and china both countries vocal in their opposition to the use of force in libya a stance that has already backfired most russian companies who did business in libya prior to the war i still have that interest on personnel back but the ones losing the most i believe themselves in two thousand and ten day economy grew by about ten percent and reaching abbey thing like that growth now seems as have a load as building the country from scratch on

a boy car to see. the arab league monitoring mission in syria is now heading to the city of a focal point of a standoff between protests. reports. six people were killed there. because of. the situation a flashpoint city of homs assuring james corbet dependent. had doubts if the observer mission bring any plausible results the final report will be a pretty much preordained conclusion that there will be findings that the assad government is not doing enough to to listen to the concerns of its citizens but personally i'm not sure what is more ridiculous about this story be the idea that the the autocratic focus of the arab league states are going to presume to pronounce on the democratic. syrian government to work with the international community is supposed to take what they see with any sort of. clearly these are not

people in a position to be lecturing on this but i think as i say i think the the record has been pretty much preordained and i would be very surprised to see that that he concludes anything other than the fact that the assad government is to blame for what's going on in syria right now. but r.t. spoke exclusively to russia's even ambassador he said carrying out promised reforms may be too difficult for the assad regime as it's essentially involved in a civil war with extremists full version is coming up later this hour but here's a preview. we believe that there has been there have been some extremely troubling reports coming out of syria about excessive use of force by those who are it is but also telling that everybody must put pressure on. the destructive elements of the of the opposition or various destructive elements which may have found their way into syria that they are a while and acts are not going to be condoned by the international community this

is a this is a key to finding a peaceful way out of the situation some reforms were announced. some of them pretty far reaching like changing the constitution and getting rid of the political monopoly of one party even under normal circumstances in any country forms of such magnitude are not easy to implement all that in a situation where. there is an armed conflict being encouraged from various quarters one would see weapons being moved. illegally into syria all that of course becomes a theoretical conversation. hostility between washington and tehran is increasing but the u.s. saying it won't tolerate any potential closure of the strait of hormuz by iran well you know the islamic republic threatened to block oil shipments through the vital waterway if the west adopts sanctions against its petroleum exports. a senior

commander said the move of the intimate remark made while tehran conducts unprecedented war games in waters near the strait us also maintains a naval presence in the persian gulf and has made it clear its wash its will stop the rains from blocking the passage of more than one third of the world's tanker borne oil goes through political analyst chris bambery believes the west is putting world peace on the line that stubbornness on sanctions. the americans could probably force using their military which in the gove could probably force open the straits of hormuz but that would mean war with iran and that would be a huge huge escalation and would threaten world peace and therefore i think the iranians are really challenging the americans sensing the american weakness we know that from british sources that there are plans to attack iran and israel is egging all in america to attack iran over the question of its nuclear program but i think

again in a comparison with iraq in two thousand and three iran is in a much stronger position a reunion nationalism should not be should not be underestimated even important. we rallied to support iran given britain and america's history in iran there's a long history of unfortunate british and american intervention in iraq so i think we're witnessing quite a dangerous escalation and it's the sanctions which the west still talk are important iran which is responsible for that situation developing i think we should be clear about that is the west who have racked up this situation every step. coming out later in the program a trip of a lifetime report russia's this pilgrim took a trip to mecca despite being more than a century old. r.t. continues to bring you the main stories of twenty eleven through the eyes of our international correspondents it's been a tough year for the u.k. which saw its worst rest in decades as several cities descended into riots looting

a nasty little smith witnessed the five summer days of chaos. we first realized what a big story this was going to be on the night of the seventh. that had been localized. on saturday the six but we were tracking the news and we literally couldn't believe what we were hearing we decided that this was a story that we had to go and. we went initially to the. field where we couldn't see anything it was already dark it was quite nice and then all of a sudden else of the darkness came a group of around two hundred. running across the retail dressed mainly in

black color coded top so and so you couldn't see their faces and gradually we realized they were smashing everything they could find. for me as a journalist it was an incredible story we were out on the streets every night wearing what i've come to call my riot. black jackets with everything i need in the pocket so that i can get away quickly if necessary it's an uneasy relationship. between the people he was in the police it's people say states you know. we really felt two of the whole of london was on fire. you would. arrive versus us an area and you'd be able to see the flames on the smoke rising from two streets away and know that the riots has had set fire to a car or broken into

a shop. or even on one occasion they set fire to an enormous coffin. house. arrest grads to different parts of london to. around london following it. almost anywhere that you went in the mall. of london that was some form of new say we went round and also days areas to have a look at what was going on there was streets that were just completely. you know certainly for ordinary people but it seemed for the police as well we were talking to the police and it was clear from what they were saying that they had no idea what to do about the situation they just didn't know what to do they were. they eventually settled for the two nights was.

just to show that presence and then running away again really purely running away and it wasn't until the fourth night that they really got into elements of control . on the second we went to hackney west some of the rest was taking place and it was literally shut down. and the police were not really less than anyone three they had surrounded the town and when he goes into the town. people and just smashing into shops and grabbing whatever they could. but not just young people adults it's. just just. the other frightening thing was the effects that it had to own society if you had talked to people two weeks before the riots about whether bringing in the military to take control of the streets was a good idea everybody would have said no it's quite in the rules society when you

get down to it but the people i spoke to during the riots. and immediately after genuinely felt that bringing in the army would have been a good idea and that using water cannon on the streets of london and other cities would have would have started the probably about immediately so people became very draconian during those times very sort of repressive and they would have supported a government move to bring in the army to sort the problem out. the studies are being done now into why the riots happened and a variety of reasons have been put forward maybe it's to bad relationship with the police in these impoverished areas particularly amongst the black youth who say that they are stopped and searched by the police sometimes multiple times a day for having done nothing some people say that's because the young people in england particularly feel that they have no prospects there's no jobs for them unemployment amongst young people is running at twenty five percent now they've got

no hope for the future those two things remain true and so therefore i see no reason why this kind of thing wouldn't happen again. when you report your test in a series is coming up tomorrow but if you missed any of them they're all available to watch right now to talk to doc. well she's high spirited and fearless despite being more than a century old woman the from russia's north caucasus has fulfilled a lifelong ambition by traveling three thousand kilometers as a pilgrim to join the herd. when the culture set out to discover her amazing life journey. this is the largest annual pilgrimage in the world and also considered a religious duty the must be carried out at least once in every muslim's lifetime. is the only can that happen strictly at

a certain time in place from the age to the twelfth day of the last month of these times. calendar. whom i do know and taking part has been a lifelong dream and what a long life it's been. done a lot in my life this house where i live now i built myself a little i've never asked for anything special only to help me go for the. her relatives say she was born in nineteen or one through the repressions of the 1940's when she was almost starving in kazakstan and working in the cotton fields to a hard life back in russia laboring on construction sites in north she always dreamt of the harsh to america even when in later life she lost her sight she never lost hope. for years she was telling me every day how much she wanted to go i was afraid of the truth would be too much for her but i knew how important it was so one day i thought it was should just. among her relatives and she has four

children and grandchildren no one really took it seriously but without even letting on to anyone else her grandson mogami it and his wife started preparing the trip a time in her home village out everyone knew about her dream but few believed that she would out for make it to mecca when her neighbors found out that she had actually been on the irish the news spread across the area so far and wide. first they flew to jordan before taking a thirty six hour bus journey to medina there they joined hundreds of thousands of pilgrims all similar tenuously converging on america for the week to perform a serious of rigorous rituals a testing time for people in their prime let alone someone who has entered their twelfth decade. she had a difficult life but was always strong both physically and emotionally that's why

maybe she killed with the trip she's an example for me in our family you. know. almost everyone here in north caucasus knows about her her strong dry from lack of fear and not only made her dream come true but also proved if there is a will there's always a way my dinner question or our reporting from the north caucasus. good for the remember there's always more news comment analysis on our website r.t. dot com and check out what's there right now scoring big these two teams of elephants indeed mastered passing and shooting all part of a three day elephant festival held in the poll check out who won the jumbo game that r.t. dot com. and in russia an award has been given for the most inconsistent budget spending with winners like the defense ministry spent a small fortune on carnival costumes it's got the details on our website.

the trial of egypt's ousted president resumed on wednesday after a three month break gyptian journalist son of the other says hosni mubarak's hearing is an attempt to divert the attention of protesters from their battle against the current leadership. there is definitely a sense among especially among protesters that this trial is a mock trial basically designed to cool down the public opinion one of the reasons they are losing popularity is that there is. mainly the muslim brotherhood did leave did leave the square because they're now moved busy with the elections and the muslim brotherhood strategy now is to bring change through the parliament

rather than through the street. so who really remains in the square now is activists with the moves socialist tendency. who did not do very well in the elections and they see they still perceive the street. the main lobbying. platform. the commuter what else is making headlines around the world now we begin in north korea. huge crowds have gathered to pay tribute to kim jong il it marks the second day of a memorial for the day the day of mourning for those wednesday's funeral service by kim jong il son and successor kim jong un thousands of people in tears line the streets as they said their final farewell to the leader who's been in power since one thousand nine hundred four for the death of his father. after

years ago she ations bosnia's government has finally agreed on a prime minister willing to deal with you again because new credit leaders say no party got what it wanted the government operated on to object if you should see a government in place by next month. a massive inferno has destroyed a chinese tobacco factory and i think city because of the buildings highly flammable structure. go off before crews arrived it took two hours to extinguish the flames but before two chemical cylinders inside the factory had exploded no one was injured. the fire is under investigation. but recent u.s. census data suggests that half of americans are officially poor as the u.s. economy prepares to step into another year of hardship next kaiser and stacy herbert whose that he blamed for the tough times program is coming up later today.

the bank j.p. morgan gets doris to change laws. there needs predatory terrorist. i would think so hey let's call the white house. but nobody saw the white house this guy is out golfing. well we've got to recap our top stories in just a few minutes for that latest business news with a touch. it's twenty two minutes past the hour here moscow you're watching business r.t. as two thousand and eleven comes to an end to business or to look back at the highs and lows of the year today we're focusing on the russian stock market right now of

course or in looks of how bears king plays the ball. it's been a roller coaster ride for investors the c.e.o. with markets being bashed by micro and political events like the unrest in the middle east and the earthquake in japan this over a debt crisis in europe the u.s. rates in downgrades quantitative easing and bank recapitalization uncertainty you regarding u.s. and china growth high volatility and low confidence leading to a flight suit safety then we had investors trading in the seas rather than individual stocks and finally trading volumes by historical comparison now let's take a closer look and see how the r.t.s. was affected we can already see some major drops throughout the year and this is the investor reaction to standard and poor's downgrade of the u.s. credit rating both the my six and the r.t.

has beat the two thousand and eight record for the biggest one day fall prices for oil russia's key export also science to a five month low and we can see that figure a year in august the low point came on october fourth as a russian stocks closed more than five percent in the red and there's been little in the way of recovery. since trade has been highly volatile domestic issues have also played a parts following allegations of fraud in the parliamentary election in the same breath thousands gathered on the streets to protest the political uncertainty call someone to head for the exits as we can see by the numbers for that period right here now in the end the r.t.s. has lost around twenty percent since the beginning of the year we can see where it started and all the way were down and analysts forecast an even deeper fall in two thousand and twelve but after such a turbulent year any predictions about the next twelve months must be taken with

a large pinch of salt though international issues are likely to continue to dominate sun cements on the home front that the russian economy is expected to consume needs to grow inflation will moderate further and the governments will press ahead with its massive privatization program though this may seem like the recipe for success the truth of the matter is we've already seen how easily russia is dragged down by negative external factors so that's what investors will be looking at. and let's now take a look at the markets oil first that had gained for six previous sessions on supply concerns but now that they're easing it's heading along light sweet as want to positive at under ninety nine have dollars a barrel and brant is down just a notch under one hundred seven and a half dollars and now on to the asian equities they are shedding value in sympathy with european and u.s. forces that closed in the red on tuesday remain pretty thin as many traders take

days off between christmas and new years technology exporters are among the losers in tokyo with pioneer one point seven percent in the red and in hong kong property shares are down to pressure china resources land dropping two percent this hour. and it's less than two hours ahead of the opening bell here in moscow russian markets closed on. lower on wednesday using these figures the r.t.s. lost almost one percent of all the my sex pinochet point two percent in the red. it's been a bad year for moscow drivers the capital suffered multiple kilometer traffic jams nearly all year not to mention the notorious midsummer and we can stand still this ng also says public transport is the answer to fighting gridlock as open and ninety five kilometers of bus lanes and now plans to introduce contraflow systems on seven highways and build three million parking spaces in the city the deputy mayor

nikolaj all of explains the worsening traffic three hundred thousand new cars hit moscow roads annually and this time of the year to situation is even worse as people drive in from the regions to go nuclear shopping. with more than a million calls into mosco from the region every single day and they're not just from the most region that coming from all over russia but before the new year holidays the amount of cars increases by no less than forty percent where most go is in gridlock at this time of the year four years ago it would be the same now. that's all the latest from the business team i'll be back in fifteen minutes see that.

witnesses. to history in the making of. testimony. ten stories that shapes two thousand and eleven are to. download the official antti application on the phone only pod touch from the choose ops to. watch on t.v. life on the go. video on demand on t.v.'s minefield comes and already says feeds now in the palm of your.

questions on the dot com. in two thousand and ten especially konami exulted for industrial production was established in russia somalia region with a total area of six hundred sixty ect as. its investors are granted exclusive tax and customs benefits which includes the five exemption from property land and transport taxes as well as an income tax reduction to fifteen point five percent of the special economic zone operates as a free customs own which enables manufacturers to market their products in russia free of employer duties to some our region as he said is currently witnessing a sewage in.