of reports on twenty eleventh's main events we bring you our correspondents inside into the five days of summer riots in britain. there are 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 forty six on the border reports from tripoli. they may have how bring down the house but they were very careful not to burn bridges as libya rises from the ashes of civil war the countries that poured the oil into the fire and now mining to cash sheen i'm doing the believe that russia benefited more than all others from trading with get out his 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 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 with get off is a plus sized me the one that spearheaded the campaign against him 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 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 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 and some of the things we were told you know was executive centers with golf courses theme parks these people haven't really had any entertainment all these years so now you. imagine you know a theme park or a little disneyland americans are not the only ones just looking for food called turkish airlines was the first to resume commercial flights to tripoli they are now packed with businessman scouting for opportunities. even during good office

time turkey was pretty comfortable doing business in libya and was triple its worst largest trade partner lost here but many now hold for even better deals following its earlier recognition of the rebel authorities definitely if you have a stronger political relations with says some concerts with someone with that it would facilitate any citizen instrumental for the business. vision of the work that the only ones who are still for small wonder it claiming their business interests in libya or russia and china both countries for vocal and 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 of the standoff between protesters and the army reports have emerged that on wednesday six people were killed there in a fresh violence because it comes. from the situation in the flashpoint city of homs showing james corbet editor of the independent news website based in japan doubts if your observer mission will 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 do. 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 thugs of the arab league states are going to presume to pronounce on the democratic leaning of the syrian government or that the international community is supposed to take what they say with any sort of moral authority clearly these are not people in

a position to be lecturing on this but but i think as i say i think the the report has 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. but he spoke exclusively to russia's u.n. ambassador he said carrying out to promised reforms may be too difficult for the assad regime as it's essentially involved in a civil war with extremists when a full version is coming up next hour has a pretty. 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 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 of such magnitude are not easy to implement all that in a situation where. there is an armed conflict being encouraged from various quarters when we 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 what is needed straight 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 well three people analyst chris bambery believes the west is putting well peace on the line that stubbornness and the sanctions. the americans could probably force using the 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 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 iranian 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 of the importance of iran which is responsible for that situation developing and i think we should be clear about that is the west who've racked up this situation every step. but coming up later 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 two thousand and eleven business r.t.e. examines the turbulence of the russian stock markets the highs and lows in the business bulletin in about twenty minutes. but he 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 under arrest in decades and 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 on the night of the seventh of august that had been localized just says 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 retail park and field where we couldn't see anything it was already dark it was

quite late. and then all of a sudden out of the darkness came a group of around two hundred youths running across the retail park dressed mainly in black dark colors with hooded top so and so you couldn't see their faces and gradually we realized they were smashing everything that 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 gear so a black white jackets with everything i need in the pocket so that i can get away quickly if necessary but it's an uneasy relationship. these. between the people who was the police i mean it's people say they might have been station oh. we really felt two of the nights the whole of london was on fire. you would. arrive versus us an area and you'd be able to see the flames and

the smoke rising from two streets away and know that the rioters had set fire to a car or broken into a shop and set fire to it or even on one occasion they set fire to an enormous coffin. house. arrest breads to different parts of loving to. around london following it. almost anywhere that you went in the mall in 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 there was streets that were just completely no go areas no 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 on me 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 off to we went to hackney west some of the worst unrest was taking place and it was literally shot down like who was a the police were not really less than anyone three they had surrounded the town center and when you got into the towns and we still people and just smashing into shops and grabbing whatever they could. but not just young people adults as well. as darkness 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 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 an artist in 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 fearless despite being more than a century old a woman from russia's north caucuses 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 that must be carried out at least once in every muslims lifetime. as the only kello first that happens tricky at a certain time and place from the age to the twelfth day of the last month of the islamic calendar. but i do know on 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 that. her relative say she was born in nineteen zero one through the repressions of the nine hundred forty 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 mecca even when in later life she lost her sight she never lost hope. for years she was telling me every day home what 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 a whole 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 the future georgian 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 series of rigorous rituals a testing time for people in their prime let alone someone who has entered their

twelfth decade. with the first 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 news comment analysis on our website at r.t. dot com let's have that what's there for you right now scoring big 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 an award has been given for the most inconsistent

budget spending with winners that the defense ministry 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 but 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 growing 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 now move busy with the elections and the muslim brotherhood strategy now is to bring change through the parliament rather than through the street. squares quite so who really remains in the square now is activists with. tendency. who did not do very well in the elections and they see they still perceive the street. the main lobbying. platform. for the white house 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 they are mourning for his wednesday's funeral service led by kim jong il son and successor kim jong un thousands of people in

tears on the streets wednesday the final farewell to the leader. 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 a militant islamist 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 the prime minister into the field and here would be a bosnian croat to say no party got what it wanted but the government could no longer operate without a budget you should see

a government in place next month. and a massive inferno has destroyed a chinese tobacco factory in noting city because the building's highly flammable structure entire building was engulfed before crews arrived it took two hours to extinguish the flames before two chemical cylinders inside the factory exploded no one was injured in the cause 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 kinds of in stacy home in on those they blame for the tough times the full program is coming up later today. at the bank j.p. morgan get doris to change laws of. their name as a predatory terrorist. i would think so.

you know but it's all over the white house this guy is out golfing. remind of our top stories just a few minutes way off the business bulletin with a touch. it's twenty three minutes past nine am here in moscow you're watching business r.t. . as twenty eleven comes to an end business r.q. 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 look at how bears came to replace the balls. it's been a roller coaster ride for investors to syria 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 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 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 a record for the biggest one day fall prices for oil russia's key export also signs 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 part following allegations of fraud in the parliamentary election in the same breath thousands gathered on the streets to protest. political insurgency calls some investors 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 forecasts and 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 son simmons on the home front that the russian economy is expected to consume needs to grow and flotation will moderate further and the governments will press ahead with its mass of 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. well let's have a look at the markets now first gating for the seventh session on supply concerns light sweet as that more than ninety nine and a half dollars a barrel and brant is topping one hundred seven and how dollars. and now on to asia in fact the shares they're sharing value in sympathy with the european and u.s. forces that closed in the right on tuesday volumes remain pretty thin as many traders take days off between christmas and new years technology export is among the main losers in tokyo with pioneer one point seven percent in the red and in hong kong property shares are under pressure 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 of my six finished point two percent in the red. it's been a bad year for moscow drivers the capital suffered can. a lot of traffic jams year round not to mention the notorious midsummer and we can't stand still to this it also says public transport transport is the solution and is open ninety five kilometers of bus lanes are 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 have moscow roads annually and at this time of the year situation is even worse as people drive and from the regions to go shopping. what more than a million calls into mosco from the region every single day and then not just from

the moscow region that coming from all over russia before the new year holidays the amount of cars increases by no less than forty percent must go is in gridlock at this time of the year five years ago it would be the same now. 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 r.t. dot com slash business.

thank you. moved.

here with our to recap of our top story the privilege of rebuilding libya countries which on the state rushed to cash in on its destruction thus while those who vocally opposed intervention including russia and china remain hesitant to reclaim their business deals. us of warms it will take action if iran goes ahead with it's about to close of bottled water way to boil traffic around threaten to block the strait of hormuz response to western plan sanctions.