privilege of rebuilding libya countries which bombed the state rushed to cash in on its destruction while those who were opposed to the intervention see their business deals go up in smoke. exchanging threats to the us what it will take action if iran goes ahead with its about to close or far away oil traffic response to western sanctions plus. people became very draconian during those times very still super oppressive and they would have supported the government to bring in the army to the proper mile. an hour to a special series of reports on twenty main events we bring you our correspondents inside into the five days of summer riots in britain.

where a very warm welcome to you watching r.t. well straight to our top story now libya is currently going through a tough period of post revolution development after its infrastructure was badly damaged by the civil war and nato bombings but now countries which first bombed libyan cities are cashing in on rebuilding them. reports 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 are all into the fire now i mean. the believe that russia benefited more than all others from trading with this regime is very widespread here in tripoli and it's simply not true in two thousand and. turn moscow was number seventeen on the lease to flee

dismaying trading partners accounting for just zero point four percent of its international trade the countries that had the largest trading volumes get off is a precisely the one that spearheaded the campaign against the european union the united states and turkey and they're all on their jostling for contracts to rebuild believe via some of them help to destroy you doing. everything right good good. american business 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 in afghanistan after the u.s. led invasion and believe he 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 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 they're now packed with businessman scouting for opportunities. even during get out his time turkey was pretty constable doing business in libya and it was true police were slow. largest trade partner lost here but many now hope for even better deals

following its early recognition of the rebel authorities definitely if you have a strong political relations with. that it would facilitate. the business. that the only ones who are still far 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 having a load as building the country from scratch on a boy car to see. the monitoring mission in syria is now heading to the

city of hama a focal point a standoff between protesters and the army reports have emerged wednesday six people were killed there in a fresh violence because it comes out of. the situation in the flashpoint city of homs showing james corbett editor of independent news website based in japan doubts if the observer mission bring enforceable 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 say with any sort of moral authority but clearly these are not people in a position to be lecturing on this but but i think. as i say i think the we report

it's been pretty much preordained and i would be very surprised to see that that it concludes anything other than the fact that the assad government is to blame for what's going on in syria right now. marty spoke exclusively to russia's u.n. ambassador he said carrying out a promised reforms may be too difficult for the assad regime as it's essential involved in a civil war with extremists when a full version is coming up next hour here's a preview. we believe that there has been there are 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 we

are 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 with the u.s. saying it won't tolerate any potential closure of the strait of hormuz by iran the islamic republic threatened to block oil shipments through the vital waterway if the west adopts sanctions against its petroleum exports a senior iranian commander said the move will be easy to implement remark made while tehran conducts unprecedented war games in waters near the strait the us also maintains

a naval presence in the persian gulf and has made it clear its warships will stop the iranians from blocking the passage more than one third of the world's tanker borne oil goes through people analyst chris bambery believes the west is putting well peace on the line that stubbornness and the sanctions. they're americans could probably force using their military what we in the go. 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 and sensing the american weakness we know that both 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 opponents armitage about the rally to support iran's 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 of talk are important to iran which is responsible for that situation developing and i think we should be clear about that is the west who have racked up this situation every step. of late in the program a trip of a lifetime with russia's oldest pilgrim who took a trip to mecca despite being more than a century old bus. and looking back at twenty eleven business r.t. examines the turbulence of the russian stock markets the highs and lows in the business bulletin in about twenty minutes. r.t. continues to bring you the main stories of twenty seven through the eyes of our

international correspondents it's been a tough year for the u.k. which saw its worst and rest in decades of several cities descended into riots looting an arson or smith witness the five summer days of chaos. we first realized what a big story this was going to be in the night. 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 late. and then all of a sudden of the darkness came

a group of around two hundred. running across the retail dressed mainly in black color as top so and so you couldn't see their faces and gradually we realised 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 who was in the police states people say and state should 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 righteous had set fire to a car or broken into a shelf and set fire to it or even on one occasion they set fire to an enormous coffin. house. arrest breads to different parts of london to. around london following it. almost anywhere that you went in the more areas 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 and 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 look . 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 third or fourth night that they really got into game and 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 as well. as. just. the other frightening thing was the effects that it had on society if you had

talked to people two weeks before the riots about whether bringing in the tree to take control of the streets was a good idea everybody would have said no it's quite a liberal society when you get down to it but the people i spoke to you 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 which it would have sorted the probably about immediately so people became very draconian jaring those times very sort of repressive and they would have supported a government 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 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. you report from the series is coming up tomorrow but if you missed any of them they're all available to watch right now at r.t. dot com. she's high spirited and feel this despite being more than a century old a woman 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. this is the largest annual pilgrimage in the world and also considered a religious duty a must be carried out at least once in every muslims life time the haunch.

as the only pillow first that happens tricky at a certain time and place from the age to the twelfth day of the last month of this lamb a calendar. from i do not want 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 help her relatives say she was born in nineteen zero 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 of she always dreamt of the harsh to mecca 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 the trip would be too much for her but i knew how important it was so one day i thought it was should just as it were. among her relatives and she has four children and so she 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 home life time in her home village our very one knew about her dream but few believe that she would out for make it to mecca when her neighbors found out that she had actually been on the ash the news spread across the area so far and wide. first a few georgian before taking a thirty six hour bus journey to me. there they joined hundreds of thousands of pilgrims all simle tenuously converging on mecca 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. with them she had

a difficult life but was always strong both physically and emotionally that's why maybe she killed with a trip she's an example for me in our family and. now almost everyone here in north caucasus knows about her her strong drive 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 mind you the question will r.t. reporting from the north caucasus. good for a while but there's always more nice comment analysis on our website at r.t. dot com let's have the what's there for you right now scoring big these two teams of elephants have indeed lost a possible shooting all part of a three day elephant festival held in the poll check out who won the job ok at r.t. dot com. and in russia no one has been given for the most inconsistent budget spending with winners that the defense ministry has spent

a small fortune on snowflake carnival costumes discover details on our website. but trial of egypt's ousted president resumed on wednesday after a three month break gyptian journalist somebody says was in the barracks 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 move 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. well looking at what else is making headlines around the world now we begin in pyongyang north korea. crowds have gathered to pay tribute to kim jong il it marks the second day of a memorial for the late leader a day of mourning follows wednesday's funeral service led by kim jong il son and successor kim jong un thousands of people in tears on the streets wednesday as they

said their final farewell to the leader in power since one thousand nine hundred four following the death of his father. rogerian christian community says it's losing confidence in the government's ability to protect the christians have called the recent assaults a declaration of war against them and i as a whole say they will respond appropriately to future attacks this comes just days after militants in this group boko haram attacked churches on christmas day killing dozens the group wants to impose islamic sharia law cross the country which is split almost equally between christians and muslims. after a year of negotiations that was me is the government has finally agreed on a prime minister into the field and here will be a bosnian croat he to say no party got what it wanted the government could no longer operate without a budget deal should see a government in place by next month. and a massive inferno has destroyed

a chinese tobacco factory in noting city because the building's highly flammable structure tile building was engulfed before crews arrived within two hours to extinguish the flames before two chemical cylinders inside the factory exploded there was injured in the course of the fire is under investigation. but recent u.s. census data suggests nearly half of americans are fishley poor as the u.s. economy prepares to step into another year of hardship next kaiserin stacie on those they blame for the tough times the full program is coming up later today. the bank j.p. morgan gets to change laws. there as a predatory terrorist oh. i would think so hey let's call the white house. and nobody saw what the white house is out golfing.

or mind of our top stories just a few minutes well after the business bulletin with the touch. it's twenty three minutes past nine am here in moscow you're watching business on our team. as twenty eleven comes to an end business party looks back at the highs and the lows of the year today we're focusing on the russian stock market but in the course of a looks at how bears came to replace the bulls. 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 that's over a debt crisis in europe the u.s.

rates in downgrades quantitative easing and bank recapitalization uncertain so 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 blow 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 all of the u.s. credit rating both. the my six and the r.t.s. beat the two thousand a record for the biggest one day fall prices for oil russia's key export also signed a five month low and we can see that figure a year in august the low point came on oct 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 part following allegations of fraud in the parliamentary election in the center thousands gathered on the streets to protest the political uncertainty call some investors to head for the exit 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 cement on the home front that the russian economy is expected to continue 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. let's have a look at the markets now first gaining for the seventh session on supply concerns light sweet of that more than ninety nine and a half dollars a barrel and brant is topping one hundred seven and a half dollars. and now on to asian equities the shares they're sharing value in sympathy with european and u.s. forces that closed in the red on tuesday volumes remain pretty. then as many traders take days off between christmas and new year's technology export resembling the main losers in tokyo with pioneer one point seven percent in the red and in hong kong property shares are under pressure with china resources land dropping two percent this hour. and so less than one hour ahead of the opening bell here in moscow russia markets closed lower on wednesday the r.t.s.

lost almost one percent although my six finished point two percent in the red. it's been a bad year for moscow drivers the capital suffered multiple kilometer of traffic jams year round not to mention the notorious mid-summer and we can't stand still this it also says public transport transport is the solution and is open ninety five kilometers of bus lanes it now plans to introduce contraflow systems on seven highways and build three million parking spaces in the city the deputy mariner of blames the deteriorating traffic on three hundred thousand new cars that hit moscow roads annually and at this time of the year situation is even worse as people driving from the regions to go shopping. with little more than a million calls into mosco from the region every single day and they're not just from the most region they're coming from all over russia before the new year

holidays the amount of cars increases by no less than forty percent who is in gridlock at this time of the year four years ago it would be the same. and that's all we have time for in the sedition of business but you can always find a lot more stories there online at our tea dot com slash business.

thank. you. to the looming you. to the.