the privilege of rebuilding libya countries which bombed the state rushed to cash in on its destruction all those who were opposed to the intervention see their business deals go up in smoke. exchanging threats the u.s. wants it will take action if iran goes ahead with its route to close of bottled water wait for oil traffic in response to western. bus. people became very draconian jaring those times very sober oppressive and they would have supported the government to bring in the army to see the problem out in the special series of reports on twenty seven's main events we bring you our correspondents inside into the five days of summer riots in britain.

where here twenty four hours a day this is our t.-r. carrie johnson libya is currently going through a tough period of post revolutionary development after its infrastructure was badly damaged by the civil war and nato bombings and other countries which first bombs in libyan cities are cashing in on rebuilding them ati's oksana boyko 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 the countries the poor do well into the fire and now lining to cash sheen undoing the damage they believe that russia benefited more than all others from trading with get out his regime is very widespread here in tripoli it's simply not true in two thousand and ten moscow was number seventeen on the least of libya's main trading partners accounting for

just zero point four percent of a. international trade the countries that had the largest trading volumes with. 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 some of them helped to destroy you. everything you would get if you're. american business is still a bit of an oddity here but it's already catching our construction firm on our richard peters arrived in tripoli just before their prizing to seal a multi-million dollar contract because of 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 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 are involved you know is executive golf courses theme parks these people haven't really had any entertainment all these years so now you can imagine you know a theme park or a little disneyland americans and only once just looking for food called turkish airlines was the first to resume commercial flights to tripoli and then packed with businessmen scouting for opportunities. even during get out his time turkey was pretty constable doing business in libya and was triple his fourth largest trade partner lost here but many now hold for even better deals following

its early recognition of their. definitely if you have a strong relations. with that it would facilitate any citizen instrumental for the business. or the only ones who are still far small wonder it claiming their business interests in libya or russia and china both countries for a vocal in 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 are still has written to stand personnel back but they once losing the most i believe themselves in two thousand and ten day economy grew by about ten percent reaching abbey thing like that growth now seems as have a load as building the country from scratch it's not a boy car to see chip only. for the arab league monitoring mission in syria is now

heading to the city of hama a focal point of the standoff between protesters and the army reports that on wednesday six people were killed in a fresh bottle as it comes off to observe a said they found the situation holmes reassuring but james corbett an independent news website based in japan doubts if the observer mission will bring any 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 leanings of the 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 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. to blame for what's going on in syria right now. but r.t. spoke exclusively to russia's u.n. 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 the full version is coming up later this hour but hey 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 of violent 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 worms 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 the u.s. saying it won't tolerate a 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 it would be easy to implement a remark made while to run conduct some precedented war games in waters near the strait the us also maintains

a naval presence in the persian gulf and says its warships will stop the iranians from blocking the passage and tehran has reportedly already detected an american aircraft carrier in the vicinity critical analyst chris bambery believes the west is putting world peace on the line that stubbornness and dissensions. the americans could probably force using the military in the govt 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 both from british sources that there are plans to attack iran and israel is a going 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 we rally 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 to 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. of coming up later in the program a trip of a lifetime the report russia's oldest pilgrim took a trip to mecca despite being more than a century old. 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 on rest in decades of several cities descended into riots looting and arson last 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 us out 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 and the police and it's people say and state should know. we really felt two of. the whole of london was on fire. you would. arrive assist us in an area and you'd be able to see the flames on the smoke rising from two streets away. the right says had set fire to a car or broken into a shelf. or even on one occasion they set fire to an enormous coffin. house.

arrest breads to different parts of love and. 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 there is to have a look 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 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 fourth night that they really. 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 you go into the town. people are 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 in 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 i genuinely felt that bringing in the army would have been

a good idea and that using water on the streets of london and other cities which would have the proper about immediately so people became very draconian jaring those times very sort of repressive and they would have supported the government to bring in the army to. 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 say that they are stopped by the police sometimes multiple times a day for having done nothing some people say that because young people in england particularly feel that they have no prospects there's no jobs for them unemployment amongst young people it's twenty five percent now they've got. two things remain

true and so i see no reason why this kind of thing wouldn't happen again. one of the reported tests in a 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. moving on now she's high spirited and fail this despite being more than a century old the woman from russia's north caucasus has fulfilled her lifelong ambition by traveling three thousand kilometers as a pilgrim to join the hajj parties but in a culture never set out to discover her amazing laughter. this is the largest annual pilgrimage in the world and also considered a religious duty there must be carried out at least once in every muslims lifetime . as the only kello first that happen strictly at a certain time and place from the age to the twelfth day of the last month of the

islamic calendar. my demand taking part has been a lifelong dream and what a long life it's been. i've done a lot in my life this house where i live now i built myself and i've never asked for anything special only to help me go for her age her relatives 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 the south yeah 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 the trip would be too much for her but i knew how important it was so one day i thought we should just do it. among her relatives and she has four children and thirty 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. time in her home village out everyone 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 the news spread across the area far and wide. first a few 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 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 and i know

almost everyone here in north caucasus knows about her her strong drive from lack of fear and only made her dream come true but it also proved if there is a will there's always a way mind you the question why are you reporting from the north caucasus. and remember there's always more news coming to analysis on our website r.t. dot com let's check out what's that right now scoring these two teams the elephants have indeed mastered passing and shooting of all things all part of a three day a different festival held in nepal check out who won the jumbo game but our team told. that in russia this ironic award is being handed out for the most inconsistent budget spending when it's not a defense ministry but spent a small fortune on snowflake colorful costumes discover the details on our website .

the trial of egypt's ousted president resumed on wednesday after a three month break but egyptian journalists are some of the other says hosni mubarak's herring 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 this this trial is a mock trial basically designed to cool down the public opinion one of the reasons they are losing popularity is that the islamists like the 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. so 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 begin in pyongyang north korea. huge crowds gathered to pay tribute to kim jong il it marks the second day of a memorial for the late the morning follows wednesday's funeral service that kim jong il's son and successor kim jong un thousands of people in tears lined the streets as they said they're fighting for wealth for the have been in power since ninety ninety four following the death of his from. israel's defense forces have confirmed preparing for

a possible large scale offensive on gaza earlier the country's top general on the operation is swift and painful tensions on the border have been rising at least one palestinian militants seven others injured in an israeli airstrike on tuesday they also marked three years since the start of a major israeli offensive on gaza in which more than a thousand palestinians were killed. in nigeria church leaders say that christian communities are losing confidence in the government's ability to protect the christians have described recent assaults as a declaration of war against them and nigeria as a whole. spawned appropriately to any future provocation comes just after the militant islamist group boko haram attacked churches on christmas day killing dozens the group wants to impose islamic sharia law across the country which is split between mainly christians in itself muslims in the north. a series of explosions in gulf warehouses and nearby homes killing at least twenty

people including four firefighters more than one hundred others were injured the blasts occurred as crews battle flames that started inside and tronics warehouse before spreading fissures are investigating what sparked the blaze and subsequent explosions. recent u.s. census data suggests that the hof americans are financially poor as the u.s. economy prepares to step into another year of hardship box cars and stacey herbut i've been on those they blame for the tough times food program is coming up later today. at the bank j.p. morgan gets congress to change laws. there as a predatory terrorist. i would think so hey let's call the white house. and nobody saw what the white house this guy is out golfing.

or a bunch of our top stories in just a few minutes but before that the data space news news with a touch. twenty three minutes past noon here in moscow watching business r.t. as twenty eleven comes to an end to business r.t. 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 balls. it's been a roller coaster ride for investors the c.e.o. with markets being bashed by mark crow and political events like the un rice then 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 blow trade involved. 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 signed su 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 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 sentiments on the home front that the russian economy is expected to continue to grow and flourish a more 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 take a look at the markets now oil first gaining for the seventh session on supply concerns light sweet as that more than ninety nine have dollars a barrel and granted. almost one hundred eight dollars and now on to equities in europe there are higher in the first hour of trade banks and telecoms of the main gainers in london all eyes are on a long term italian bond auction this thursday and here in moscow the markets are in the red at noon which is no surprise considering what was happening with global equities overnight the r.t.s. is now losing around one and two thirds of a percent of all the why is six is down three quarters of a percent. and now a quick look at some individual share moves on the my sex most of the blue chips are trading in the red this hour as well financials are among the main losers of

a spare bank down more than one out of how for sand or crude is weighing on energy majors lukoil is down a third of a percent gazprom nafta is also in the negative territory the company is planning to increase production by more than four percent next year. it's been a bad year for moscow drivers the capital suffered a lot of traffic jams year round not to mention the notorious midsummer and we can't stand still the city hall says public transport is the solution that has opened ninety five kilometers of bus lanes now plans to introduce contraflow system zone seven highways and build three million parking spaces in the city the deputy mayor nikolai almost blames the deteriorating traffic on more than three hundred thousand new cars that hit more school roads on a manual basis at this time of the year though the solution of the situation is even worse says people driving from the regions to go do your shopping.

need 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 who is in good look at this time of the year four years ago it would be the same as. and that's all the latest from the business desk i'll be back in about fifteen minutes see about.

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