stories others refused to notice. faces changed the walls of lights never. told pictures of today's news. on demand from around the globe. up to. fifty. weren't the words. it was a lie you want to venture capital i'm katie philbin but a basically recent state television went back on handguns happened to still be weighed down by its finances but for the money at stake coming to moscow next week would be checking out what could be warring through this guy's in-house investor sean thomas he's voiced the business that's ahead as well about what he's been up to the week nearly lost in the last week or to be really close to that corporate

used to the big libya's oil industry the country's lifeline is in danger of destruction as ports god strikes continue to disrupt the country's exports with an estimated loss of one point six billion dollars the losses the ports has been caused by competition between members of the new day placed petroleum facilities god made up of x. militia members fighting amongst themselves the selling of the country's oil for personal gain of the country is reliant on or like sports accounting for ninety five percent of all output produces shipments have been cut to their lowest level since the civil war twenty eleven with some estimating just three hundred thousand barrels a day are being shipped out of the country now so for more insight into the libyan oil industry and the economy as a whole and joined by stewart and it from plants what challenges faced in libya

right now both oil industry and their economy. well i think it's fair to say that libya's oil sector at the moment is in a total state of chaos remember three of the main export terminals for oil are now shut have been for three four weeks and that's cutting off libya's economic lifeline its oil exports exports down by more than half now with those terminal shut and there doesn't seem to be any any letup to the protests of the strikes at least terminals and how do you see this situation developing then can the oil industry rebound from mess at the moment it does seem like there is a stalemate and the problem really facing libya too is that there is no proper functioning government there's no proper functioning army and there's no proper functioning police force so it's very difficult for the government to say go in and

break up these strikes these protests because no one knows who's on whose side i was told earlier this week that even in tripoli the government doesn't seem to have full control of the country there are militias in control of certain checkpoints. and so the government really isn't functioning properly to to make sure that recovery to the oil sector can take place now obviously that's a major problem and it could actually get worse because a lot of libya's oil production is in the east of the country where tribal warlords seem to take control of some of the fields now you could argue that this is a new breed of resource region is where normally a country will take control of its own oil in order to to make the most of the profits from it and push out foreign companies but this is rather different it seems that in libya it's being divided up by region and that could be very very

dangerous for libya is almost pushing it back towards some kind of civil war where people in the east in the west are divided in the oil sector could go. with it to elliot from platts thank you very much. greece is now switched on no when it comes to their finances about the country's public news channel is back on their five hundred people have been hired on a two month contract for the new state broadcaster e.d.t. that has taken over from the previous acts ten o eight all taken about china was shut down to cut government costs and two thousand seven hundred people were fired in the process so finally some positive news for greece spot just like a good t.v. drama there's also some bad news for greece this week as well the contrary is in need of another bailout that's according to the german finance minister mr wolfgang schauble says there will be no debt reduction for athens and that given the country's latest growth figures show the country is still in recession and the fact

that the greek economy has done twenty three percent since the two thousand and eight financial crisis another cash injection is the king ever more likely this will be the time international lenders have stepped in with a rescue package for the country and considering they germany lections are just among the why now wish to mention of greece is a blow for chancellor angela merkel who is trying to keep the topic out of her campaign so far. and now time to some hope for the drama surrounding the collapse of the biggest protest cartel in the world continues major fellow russian producer bellerose tally is now considering suing its russian on the euro calley unfair business practices. cooling album a new prices that have led to total losses of almost four hundred sixty million dollars to the biggest producer of the best in the world with the company's board of directors has already agreed to close to eight for the. cold

russian market cash wrong seven percent in value so polity. here again is now expected to kind of five percent for the rest of the summer. for the. gulf. and time to take out with our markets and i want to mention the fact that this week the nasdaq the second largest stock exchange in the u.s. stopped trading for three hours that was after a technical glitch for the russian market they've been in full whack you notice there were. some s. right here in-house invested just to remind everyone you're a journalist or a news biz and say you know a professional trader but we've given a gate which ten thousand u.s. dollars what are you up to a tell us is maybe not and also it wasn't the metals well yeah well the metals i'm so glad that i got out because again they've just been falling and crashing showing a little bit of sign of a kind of a rally but i'm glad that i got out when i did because you know i i want to remain

fully clothed as you mention but i'm going to keep an eye on it because they're showing some signs of action but not enough for me to get back in just yet right long way to go i think that the message industry absolutely been watching the resell situation and i mentioned that i have very closely what else have you been up to see what other stocks are you watching the show and tell us what you've been doing with yourself with your money indeed well remember last we talked about energy and specifically the oil markets and i decided because there was a little bit of movement from gazprom that i was going to go ahead and get in gas prom is up that's a good sign so not only do i remain fully closed but i'm even wearing pants i know you can't tell from the shot but it is true below the waist i'm also still closed because the oil markets are doing well and in fact partially because of what you know what's happening in libya what's happening in egypt also the u.s. job market is actually showing some growth as well which is good because you know

america they like themselves some oil so that's all helping with the oil and that's helping me do well in this whole little endeavor. that we've got going on. or oil is the way forward with all the chaos and smote us behavior going on around the glaive in the middle east. what if you go obviously for next week they so on i want to know more you've got a lot of money this isn't just a gave no i'm not a gamer well here's the deal remember i'm coming at this from a news perspective and from a commonsense perspective at least what i think is common sense and i'm a boy i like airplanes and what's happening in russia right now with max air show i'm thinking planes air there's a lot of enthusiasm lots of energy there not to mention aeroflot specifically like i was traveling this week and i saw that there in the process of getting ready to launch a budget carrier around russia so i'm thinking aeroflot and transportation because a planes are just cool and they get you places in if i want to get places i'm going

to go with to look at that one for the coming week i must say so and just from her support if you actually really excited about this. so you fly more holidays for it but as i understand it the boston market had some good news this week that indeed in fact. the russian market investors like foreign investors into the russian market have increased sixty percent and i'm going to say that i think it's because of us and the move this little project we have got i'm going to take a little bit of credit credit for this one i would like to think that would be brilliant for our egos but listen enjoy the i say next week i'm really looking forward to it myself i think we're going to see some crazy stuff in the skies i'm a little bit scared of flying myself but i'm just going to be watching from the ground i mean it's it's all science it's all sound science we've been doing it for a hundred years or so go on up have some fun scary it's scary but it's pretty when

i care about it so and thank you have a so much and good luck with the airflow it's at a state with the oil and well away from the metals i think if you did the right thing that thomas that thank you. inside. and staying with the n.s.a. then emacs twenty thirty international aviation and space alone will indeed take off next week as a chance for aviation enthusiasts and business and to get together and acrobats so what can we look forward to then what basis still will be on the table we go and say your chefs the right heads tell me all about it and you went appreciate a flight right ok and how did it go what did you say lots of planes taking off military planes passenger planes it's amazing when you walk down the runway and you can see to believe tour for performing stunts right above your head it's amazing at retiring and what about the business side of things because we're talking deals little really being with mark serra show last time it's held every two years the

last time it went to eleven it was deemed a very big success it was the record amount of deals worth more than ten billion dollars struck one deal in particular was a mega deal six billion dollars worth of twenty one midrange passenger planes my which can carry around two hundred people and it's coming in to. airbus a three twenty or boarding seven three seven so they actually sold more than fifty planes to a russian companies which all was eventually worth six billion dollars so this time . experts are predicting even a bigger success despite what seems to be a less spectacular show last time we had the presentation of a three eighty airbus we had the presentation first time ever fifty top secret new food generation fighter jet made by those who hoard bureau so it was obviously a big deal back into into lebanon this time will be maybe less spectacular but everyone is expecting big deals as well because there will be several of the interesting things i have heard

a lot about the fact that it's not going to be as big not spectacular mr putin is not going to be that but you say it's going to be more money so people think that if putin is not going there then you have. to downplay the significance is not the case i mean there will be several new planes presented transport planes made by the lucian construction constructors and also there will be several helicopters brand new presented nobody knows how this will go maybe the people the businessmen there will be so impressed with these new planes that they will just decide to sign deals to this very moment but what i've heard so far from the experts from both financial experts and education experts that there will be lots of deals and even probably surpass the ten billion mark which was set in twenty eleven well and it will be lots of acrobats in the sky that we expect and see lots of fun surely wishing around as usual two hundred forty planes will be on the ground station for the people to watch will be the businessman and then we'll have the final day or the next show where the general population will be allowed inside and they will be able

to see for themselves and all this time will see shows up in the year more than one hundred forty planes will take off while the one highlight also will be the chinese group of acrobats performing their show the interesting thing here it's been here that they're there show was financed by the russian government so we need to help the chinese people have their show in mosques and police finance their show during this alone and that that's what happened twenty eight million roubles for the chinese the chinese group to come over to moscow and have their show here well before he there well i'm i'm looking forward to that and they say yes yes kate thank you for that all it's very exciting it's a full it's ok that's it for venture capital for this week i'll be back next day talking about the twenty summit we're going to be gearing up with all the details on that one i mean that is.

you know. sometimes you see a story and it seems so you think you understand it and then he glimpse something else you hear sees some other part of it and realize everything you thought you don't know i'm tom harpur welcome to the big picture. pledge mission free accreditation free zones for charges free. range month free risk free studio time free. download free blog loaded video for your media projects and free media and on to our t. dot com. when

i was on your bushel was the us govt preparing for food will wall coming up large sections of the us prepare for revolution. hollow points of the d h. m's that fire is on your computer the army no links to systematic covert operations on anyone who criticizes multinational. player. is playing right here or here for drum. clear. to some of the poker.