palestinians face a new year nightmare israel warns of another deadly onslaught against war battered gaza hitting the region with renewed air strikes. iran says it's ready to strike ships sailing too close to its maneuvers near a vital oil route following its threats to block passage of the west and sits on top of sanctions also. people became very draconian during those times very stilted repressive and they would have supported the government to bring in the army to sew problem out and when britain boiled over our countdown to twenty twelve continues with more eyewitness testimony from our reporters as we remember the

summer the british people said enough is enough. investors dump stocks ahead of the long and new year holidays in the obvious sense down one point three percent the ruble loses two percent in value in this business all to you twenty two . seven pm in moscow this is artsy coming to you live on news now with our top story this hour and israeli warplanes have launched two air strikes on what the army called terrorist sites in central and northern gaza killing at least one person and injuring ten others the israeli military earlier confirmed is preparing for a new large scale offensive against the palestinian territory which hasn't yet recovered from the assault three years ago archies polis near reports from jerusalem. the situation along the israel gaza border has been tense for several

days now since monday full palestinians were killed and many more we injured in a number of targeted airstrikes can we don't find these may be enforced at the same time several rockets were fired by palestinian. it turns onto southern israel now wednesday evening news radio on me admitted that it was considering a possible launch scale military operation into gaza it said that this operation would be very neat and different to the last operation that was carried out the three years ago and would aim at increasing israel's determines in the area khaled mashal from us his political view achieve has called on palestinians north to target israeli civilians because of the fear of a massive israeli retaliation now back in two thousand and eight maybe one of hope thousand palestinians were killed in a three week operation that these rabies referred to as operational cost made four out of five people killed were civilians what we're hearing from the israelis now is that should they go ahead with another operation this operation will be short

and it will see the use of more firepower but it's not clear that the timing is right for tel aviv to go ahead with another invasion of gaza certainly the netanyahu government is isolated on the international front move and it was three years ago and it will not want to risk losing more friends the convoy of today is also very different to the cairo of two thousand and eight when the for me gyptian president hosni mubarak was in power the leadership in egypt today is much more likely to go to the aid of hamas if indeed it is to attacked by israel at the same time palestinian militants have more weapons at their disposal including antitank missiles that are capable of inflicting a lot of damage on israeli tanks so it's not a done deal that israel is going to go ahead with an operation but certainly the fact that the israeli army has admitted that it is considering such an operation has people here or on standby well ramallah based journalist just of

israel has no major international terror to stop it launching another gaza assault but that doesn't mean it will get the backing of the israeli people. israel was able to assault gaza three years ago with with very little actual consequence the international community repeatedly condemned the actions but took no concrete action and so from the international perspective i don't think that there are significant roadblocks to a fresh assault on gaza by the israeli army however i think that netanyahu would lose his his popularity that he has worked so hard to achieve inside of the israeli political spectrum with a fresh assault on gaza the israelis are very interested in talking about peace but not so interested in actually implementing any sort of lasting peace in so far as stopping its entrancement of occupation in the west bank and its control of the gaza strip and so i think that this kind of political mentoring will continue with

with very little concrete facts on the ground we have more opinion reports and the timeline of the gaza offensive three years ago available on our website and there you can also find out how the israeli palestinian conflict is developing it's all for you at our t.v. dot com. arab league observers in syria have split into groups and are now heading to three more uprising hotspots they've already been to flashpoint city of homes where they found nothing frightening syria's fourth largest city of amman is among the monitors next destination reports emerged that on wednesday six people were killed there in a fresh outbreak of violence mideast expert eric only doubts the our mission will any possible result. obviously the syrians left in the morning it is to show that they're not going to hide it thinking they'd find nothing but the roof leak has been one of the most fair to call them a station since the arab world for

a long long time doing nothing on palestine doing nothing to prevent the war on iraq and now it's being used as a name here by the west so i don't take the arab league as such too seriously so we shall see what happens if it marches spoke exclusively to russia's u.n. ambassador who says carrying out promised reforms may be too difficult for the assad regime well it's caught up in a civil war with extremist. when there was a crisis all sorts of extremist terrorist elements show up for instance several days ago there was a horrible terrorist attack in the mosque and the day before that the minister of defense of lebanon said that they detected some al-qaeda groups are moving into syria from from lebanon so i wouldn't be surprised that you know some terrorist elements from libya or other places have found their way into syria some reforms

were announced. some of them we are pretty far reaching we do expect that those real reforms can be implemented in a situation when the the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country forms of such a magnitude on all these if you implement but i mean the point i'm trying to make is that the sooner the crisis the military clashes stop in a better position the international community will be to demand that the syrian authorities move along the reform track as quickly as possible. we can get embassador turpin's insight on all the recent movies developments when we bring you more of that interview next hour here on our t.v. and elsewhere in the arab world we assess what stage libya's as we head towards the new year the post revolutionary fervor has faded but libyans are militia still patrol are to report sort leave this hour on the reluctance to down weapons might

spark another power struggle. but first the threats are being ramped up over a vital oil shipping route which he runs threatening to block the country says it's ready to confront any military ships crossing the security perimeter of its large scale war games being held in neutral waters near the hormones strait iran has already spotted a u.s. aircraft and other battles in the region earlier the islamic republic threatened to stop oil shipments through the channel if new western backed sanctions hit its fuel exports but america's value to use its navy stationed in the persian gulf to stop the uranium from him during passage for analysis we're now joined live by robert naiman political director at the just foreign policy think tank thanks for being with us this hour clear as to lation of tension in the region is iran at all concerned people will find the timing of its oil root threat more than coincidental

at a time of large scale naval maneuvers. well i would guess the opposite that the two are not occurring at the same time is a coincidence but in fact that iran has to sing this time to say this in order to undermine its threat and i think it's important to see that there is a context for the iranian government statements namely first of all that. it's understood in international political discourse and international law that embargo is an act of war and if it is really the policy pursued by the united states and western europe to try to cut off iran's oil exports then that is an act of war and it would make sense for iran to respond to that by seeing you know what they're going to do in response and it wouldn't make sense for iran just to roll over and say you are sure do it everyone we don't care let's just be pointed out that every

day states i'm in washington every day u.s. government officials and people of influence are talking about u.s. and israeli military strikes on iran defense secretary panetta most recently in a c.b.s. interview the july figure issue of foreign affairs as an article called time to attack iran so this is happening in a context of constant threats against iran unilateral threats which of course wily unite united nations charter which for bids any u.n. member. from attacking another member state without the authorization of the u.n. security council and of course none of these voices are talking about getting u.n. security council approval for attacking iran because they know that they could never get it but other terror on risk being labeled as provocative here. sure it risks being labeled as provocative but again you have to look at the context if

iran doesn't. make some response to the threads against it then you risk being perceived as. a country that can defend itself in a way that could be even more dangerous because there is a fantasy world that exists in washington in tel aviv in some european capitals in which iran is a country that can respond to u.s. threats and there could be even more dangerous in terms of preparing the way for an escalation in future if the people in the west don't understand their threats to attack iraq cos i miss the confrontation in the gulf could threaten the world peace and peace in the region how far do you see this ultimately ask. well that depends a lot on future developments there is you know you see in the u.s. presidential campaign every republican presidential candidate except ron

paul who is now apparently leading in the iowa caucuses but every other candidate in these debates he's calling for a ramped up military escalation against iran the obama administration is on the one hand trying to discourage the military threats at the same time that it is escalating the economic threats so those are dangerous developments which could escalate particularly if one of the non run. candidates. elected next year or even if the course of the republican campaign becomes a kind of consensus of escalated threads that itself i think good could trigger around even recent escalation in of course both sides are engaging in a kind of brinkmanship and we know from history that even when it might not be the intention of countries to go to work or they can miscalculate think that ok i can

escalate this and this won't go to war but i. the trigger response from the other side they could lead to lead to the spiral so i do think this generation is very dangerous if only don't think great no either side really wants to go it's your own it's the consequences of that for all suffer if you train you definitely so that in the end the war with iraq. would be stupid if there's a major military confrontation right robert naiman political director at the just foreign policy think tank thank you very much for your analysis. we are revisiting the kid moments which showed how the world is ending twenty nine eleven very differently to how it began as seen through the eyes of artes global correspondents august was a hot month for britain not least of all because it was shaken by the worst time dressed in decades as thousands of rioters rampaged through key cities more smith witnessed the chaos that left an indelible mark on the country.

we first realized what a big story this was going to be in the night. that had been localized just 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. hooded 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. and i need the relationship. between the people and the police to base its people say and state should know. we really felt two of the whole of london was on fire. you would. be able to see the flames on the smoke rising from two streets away. the writers 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 breads to different parts of london to. around london following it. almost anywhere that you went in the more areas of london that was 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. 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. controlled. 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 resting anyone through 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. 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 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 in the riots. and

immediately offered 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 would have the proper 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. the studies of 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 who say that they are stopped and searched by the police sometimes multiple times a day for having done nothing. 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. the two things remain true and so i see no reason why this kind of thing wouldn't happen again. well there's more testimony to come on the world's big events of the year from our reporters who were there if you missed any of the series so far they're available to watch right now our dot com. italy's have a currency christmas present it's pouring rates have plummeted in recent days allowing it to cheaply raise some much needed money to service its debts but prime minister mario monti is not popping the champagne saying more is needed to be done to calm the markets and that means more cots belgian business journalist over fred's thinks the eurozone economy has a gloomy prospect. the intention was to raise eight point five billion euros italy could raise something like seven billion which is not bad but in any case below the target that were set and secondly the price the interest rate on those seven

billion was seven percent now given the fact that italy has already a government that equal to one hundred twenty five percent of g.d.p. and given the very poor growth prospects of the economy this is an interest rate that. leads to a rep it escalation of interest burden for italy will undermine the health of the public finances of the country for the so indeed mr monti as big job to do to get things in the clear in terms of what can be expected for the coming year first of all i think we will see an exit of greece given the situation in which the greek economy finds itself that has become really unavoidable secondly in terms of what will happen inside the euro zone a lot will depend on the attitude that is taken by the european central bank will they intervene more or less that is one of the key questions that need to be answered and it's very hard to predict what the

answer will be in terms of what will happen to the euro zone next year will slowly but surely visitors are returning to libya with tripoli air traffic on the rise but what grits about the gate are heavily armed militia the first sign of arriving passengers get the country has a long way to go to restore trust as a clown a boycott reports the extremely diverse former rebel groups must urgently consolidate and transform into a civilian political force. flying high but still running low almost two months after the lifting of a no fly zone over tripoli the city's airport operates far below its capacity the passenger traffic keeps increasing every month as more and more adeline's of putting tripoli back on their flight schedules the tripoli airport is once again buzzing with visitors a feller's have already within service and more expected to follow in the coming months but while flight controllers and customs officials are back of their desks

it's still the militia who call the shots here and the rebels themselves admit that the situation is still way to trouble and to cede control to civilian authorities they're no longer flashing their guns to get make it very clear who is in control here the rebel brigade from the western city of the entire captured the airport in late august as the rebels over on the capital the control of this key facility how the town with the population of sample fifty thousand rise to national prominence since then this entire militia has successfully styled itself as the save guards of libya's future the sword for forty two years our country had nothing no state institutions just one insane person i rule now we have a historic mission to overcome the difficulties of the transitional period we can build a new country that animals will be. is one of the top guns in tripoli

these days primarily a colonel in the get off his army he still keeps the good office army cap in his office his subordinates are now holding the deposed libyan leader's son safe will islam. we are against i'm the dictator of history repeats itself we will wage a war the rule of law decide his fate. didn't gazi zintan misrata these libyan c.d.'s one after another rose against gadhafi is regime . their militias now represent the real axis of power in the country as their various and their legacy and agendas as this tribes on the only base new tricolor the prospect of civil war in libya is always there and it has a hole which has been there but has been effectively mastered by the very strong centralized rule of the gadhafi regime but of course now that that has been the stabilized we see this all of the tensions there in the fabric of libyan society

coming to the fore another militia commander in charge of tripoli rebels is preparing for an interview it's been a month since he changed his military fatigues for a business suit bob dylan maker is now trying to transform rebels under his command into a political force a laptop has replaced their rival as his main tool internet is his new front line of the armed assistant at his door is a sign that political process is still in its very early stages. we've seen many examples in the past when people's revolutions were stolen and we are very clear that our struggle is far from over gadhafi may still come back in some other shape or form and in that case who have to take up our weapons and defend our revolution. guns are still a common side on the streets of tripoli of their prevalence has visibly decreased the city's covered with posters calling on the rebels to turn them in the design

element of militia has so far failed to translate into national reconciliation the competition and monk various brigades may have become less visible but not less in towns the nato alliance would like to build upon any division within the groups or their part is that they have revolutionised against the qaddafi regime and according to my own understanding they would like to see certain. robin says being divided inside the state of libya back in the arrival hall is in turn rebels are screening passengers bags on to the posters left from the old regime to get out his golden framed portrait that madness at the airport the year ago is gone he should have he may have glued the lead be in society for several months if he's killing the former you need appears to have died as well actually the boyko r t tripoli. we're getting some breaking news in this hour here at our to a nuclear submarine is on fire at

a dockyard and northern russia the hole and the scaffolding it's set around the vessel are said to be a blaze helicopter a boat and eleven fire crews are thought to be trying to contain the fire at the yard russ's emergencies ministry says radiation levels in the area are normal those are all the details we have so far we of course will update you when and as we get any other information on this again. dockyard which does have a nuclear submarine there is thought to be on fire breaking news this hour here in our city we'll continue to monitor the situation and kevin know and we'll have more for you at the top of the hour. for the kaiser report takes its weekly sideswipe the week's financials news but first let's get the latest from the world of business with dmitri.

thanks and he has a twenty eleven comes to an end business out to you looks back at the highlights of the year before actually on the oil deal between exxon mobil and ross never to work on the russian arctic shelf the joint venture not only desh said he hopes that b.p. had a reviving its own deal with staff but also caused friction within t m k v.p. but in the course of explains how the drama unfolded. it was a love and hate relationship from the get go which eventually became an affair both parties would like to forget that's the hobs of seeing a v.p. we're going after each other for years the russians represented by a r. and the brits in b.p. one of gotten a divorce if this were a marriage their irreconcilable differences involve disputes over the company's corporate governance and strategy but in business just like a marriage if there is money at stake it sometimes keeps parties together but when ross never came into the picture and seduced b.p. they are one said revenge b.p.

wants it to partner up with russia's oil major and the share swap and explore the russian arctic they are said any deals made in russia should go through t m k v p they took them to court and froze the deal there was a way out b.p. could include seeing k.p. in the project but rosneft refused and the deal went belly up while each side was blaming the other over the failed deal ross never found someone new and that was x. in mobile this new couple is now seen as a powerhouse that will not only develop oil and gas reserves but also open up one of the last on concorde drilling frontiers the arctic shelf has an abundance of mineral resources so the potential is huge both companies have already invested hundreds of billions of dollars and the money is expected to come back to fold now when it comes to the jilt of partner b.p. it's currently embroiled in lawsuits regard than the deal that never was so as the

two halves of the are going after each other ross nafta has obviously moved on securing the deal of the year very quick look at the markets now u.s. stocks are up that's despite job those claims coming in with an increase dodgers of poison percent this. the closing picture here in russia where the market mostly saw down one point three percent to my six point three percent as investors are dumping shares ahead of holidays enormous nicole is gaining at the close plans to invest three billion dollars in production next year as part of its efforts to become one of the world's five launches miners and among the top again is the company's planning to also increase production by more than four percent next year. the headlines are next on.