where locals turn their land into a tourist paradise while come to europe or asia russia a close watch on our gene. more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. showing corporations are only day. continuing with breaking news this hour reuters news agency quoting rebel sources saying nato is now pounding his compound in tripoli from the air the rebel council claims. control of most of the libyan capital after the alliance of the fact that it was thought to have colonel gadhafi sons were captured by the opposition. with the help of well let's find a. new independent journalist in the rixos hotel in tripoli. they feel under siege and in danger from what's happening outside. opposition supporters rejoice hoping the forty year old regime is nearing a dead end point to the bitter disillusionment that followed the fall of egypt's dictator. and the new leaders who rushed to hold talks with officials from libya's new government the transitional council several nato nations as favorites for lucrative oil contrac

her okaloosa turn their land into a tourist paradise while come to cover asia russia close up on our gene. reports of mud from libya of fierce fighting in. tripoli. around the city itself. managed to convince both israel. after days of heavy shelling. and. the crackdown against. those costs as human rights groups say judges and politicians have gone the. government fails to. fresh trouble over greek. stability. you're watching our. hello welcome this is the sports update and here are the headlines russian premier league latest spartak moscow be back counterparts from the chick while combining fresh new boys pulled up five nil in sunday's highlight. the last plan a fortnight to go before the key chelsea's and play golf would take a look at some of the favorites including palmo double good and cup champions on cars. and also food for thought hosts and favorites of all the fast approaching rugby world cup new zealand are bossed by south africa in the tri nations. russian football is where we start as the premier league's week twenty one continued with four games on sunday the only one s

and that was can harden an expert on asia military affairs. russia's far east as seen its third shark attack in the space of ten days after a man was savaged while swimming in pacific waters the victim was taken to hospital with his forearm badly injured and suffering wounds to use body a man and the five swimming ban on parts of russia's east coast brought in after the two other recent incidents the first record of shark attacks in the country's history last week saw one man lose both hands of four arms trying to protect his wife while in another case a sixteen year old diver's leg was severely you us rated. for the shark or sharks is underway. now let's take a look at some other stories from around the world and islamist militant group has a responsibility for the down early attack on the un's headquarters and an engineering capitol of it happened on friday when a car rammed through two security gates the spy guards opened fire at least eighteen people were killed in a suicide bombing while dozens were injured some of them critically the powerful bla

asia. this week. the u.s. and. russia refused to support the. promised reforms. while the. oppression. job is done the city liberated there is or in lease of the country has become good last syrian city and left after clearing all extremists struck have been terrorizing his citizens for weeks the military claim is that he's bandits blocked their rights put up barricades it became a city with a hiding we were just like hostages. soldiers of the syrian army i live in the city of their near the iraqi border. officials are saying operation is now over that the city has been freed from armed groups as you can see people are welcome in the soldiers as the waiters patois tanks have been trying to make their way through jubilant crowds thousands of kilometers away in the white house a decision has already matured president bashar al assad is the one who's terrorizing the syrian people and that should and the transition to democracy in syria has begun and it's time for assad to get out of the way not everybody has agreed though moscow has insisted that assad should be given time to implement pr

but there is a common theme about the global nature of it, whether 1997 we were tag about asia, or then russiain 1998, and the latest august, a fear of something more pervasive and i wonder if that is just because of the months or because it is closing in on the end of summer. is it more of a psychological situation? it seems leak august is weird that way. >>guest: and you can attribute that to some of the lack of volatility or liquidity in the trade, when the markets are thin and liquid you see the larger moves and you have market manipulation. >>neil: but we had record volume year, right? >>guest: well, again, we, i want to be clear, this is totally different. what you are talking about in years past, and, again, to be cheer i may not be the expert to comment but my thoughts are it is a late summer month, you have a lot of people on vacation, so, they are not on the market, and this is when you tend to see the larger swings this have little physical through or conviction associated with them. so you have to look at them as noise more than real high energy type high conviction kind of trade w

the country is as you probably know located in central asia between china and russia.might not know the rest of this. it gained its independence from china in 1921. more than 2.7 million people call mongolia home. nearly half of the population live in urban areas, including the capital. about half of mongolians are buddhists and christians and muslims make up mother 10 perce10 -- another 10%. agriculture is key in mongolia. mining is getting much attention particularly from the international national community. mongolia is one of the richest countries in the world in terms of international resources. the known deposits of minerals and precious metals alone said to be worth hundreds of billions of dollars. 80% of the country is unsurveyed and mines are playing a role in changing the face of this nation. >> three, two, one -- >> reporter: mongolia's desert is stirring. preparing to give up untold riches to a country still mired in poverty. it's inspiring a whole new language. mongolia, a mining mania. >> when you talk about mania, actually, it's excitement. >> reporter:

russia. and europe the markets are tracking waltzing losses in asia but they're making a bit of a comeback this hour to put see his home most two percent lower while the german dax is down with three percent b.h.p. billiton is declining two point three percent after approving investments takes time to coal mining. towns in moscow the markets are trading in negative territory extending thursday's losses my stakes in the r.t.s. prostrating just nearly three out of three to satisfactorily oil prices of bottoming out at almost six percent the kind of per se concerns about global economic recovery i weigh in on crude however we can dollar is getting some support and light sweet as trading at a one dollars a barrel by brant is up almost one hundred dollars back. as our business update for this stay with us for headline news up next. it's. morning when the t.v. newsmen my life. while the streets in the coming. months learning points in russia's history. was a justified move forward. since the battle for democracy on our key. military.

asia. to build this kind of center in russia. right now that's part of the skolkovo project an international city of science and technology over the next decade in all directions from this spot just outside of moscow so the next time technology update brings you a high tech success story it might just be born and raised right here in enjoy the ride. that. he's going to cover. to take scientific groups. to give them kind of conditions like. what we discussed with you when we were there and. in order to develop. a prototype and get custom attraction. and this has to be done in russia immediately otherwise we would never you know cross the breach between science and manufacturing between because between science and. there is a huge gap there is a prototype development and scientists i myself am a scientist very often say don't understand how huge. it used to be an ideal place for a holiday for the film changed in a moment. the wounds of war are still visible. the republic is not only relieved but also shaping the future. fifty. ft.

the situation today is is not that worrisome compared to the last two crises in asia ok just very quickly how will russia be affected by all of this from your perspective i'm sorry could you repeat what about russia just very briefly what's your take on the russian position at this point. the russian position did you say yes or i think we're having quite a bit of late. did you get the question are i think we're running out of time thank you though mr daniel to bush from the c.l.s.a. asia pacific markets thank you. both capitol hill as cash may be scarce but they'll be no dipping into what is the world's biggest military budget defense secretary leon panetta gave lawmakers a firm has softened said cuts should come from medicare and social services instead former pentagon official lawrence korb says america's defense bad mouth is in a drastic need of better management. well a secretary to france panetta is trying to basically keep the spirits up of the organization he took over but as former director of o.m.b. he knows that the defense budget now even if you control for inflation is higher than at any time

russia. you know and here with all of asia supports needs and you know the russians continue to control the cincinnati open courts bill exactly right it's quite extraordinary since two thousand and six there's been a russian finalist each year on this season is no different we're going to find out who that may be and just a second. great to have you with us. today. morning. roger federer a quarter of the western. world cup finals eligible for selection. has resisted calls for more use in the russian squad for next month's european qualifiers the national team. experience twenty. the irish republic will play both games at home. no changes have been made. in a friendly last week only the second victory. last year. is however suspended meaning his. are likely to partner one another in the center all. picked up against the serbs will be vying. for a place. in the premier league action gets underway later today four games in all the include the main contenders for glory season. champions twice during the past three years are away. twenty. then it's the leaving home to home. i don't form currently with the

markets to end song so plain in the red following similar falls in europe and asia amid new fears of old world recession. russia cautions against international calls for change in syria saying the president on sunday time to implement promised changes. most who says the syrian regime needs time to implement promised changes and should be given the chance to sort out his political future before more join me in response to the from damascus in just a few moments. passed its twenty years to the day since the attempted coup by a group of hardline communists against nicole go to help bring about the end of the soviet union. and swimming is in russia's far east a group fights terror off to cheat people with stoppage by shots in today's attacks that have never been seen before. very warm welcome to you this is our see a live from moscow stocks in europe have plummeted sharply after a similar falls in asia investors are growing more anxious about the european financial situation and its leaders ability to resolve the debt crisis and as aussies have done to push a report this all comes of it new fears that the world eco

there's a question both in russia and georgia since the end of the war russia has given forty billion rubles an age to applies in south asia this is a huge amount of money that could have been used for russia's internally what does russia need this war. oh well we have a lot of programs to help and support other countries have cars here in south setia right now maybe the focus is to russia or in diplomatic terms they are entirely dependent on those they are close to us and the russian citizens living back now if we're providing aid to foreign citizens in foreign states then of course we're going to provide nearby independent territories because with a large share of russian citizens this is normally used to help god knows who you know you know when you're in soviet times in the thirty. other to avoid it i mean he said that does russia believe an international tribunal should be founded to look into the ground so that august two thousand and eight that. i look at it as a lawyer i would look at them let us forget about saakashvili for a moment but you know if it's an international tribunal initiated by one has several states

shares plummet again after a sharp falls in europe in asia new fears of a world confession. swimmers in russia's far east are gripped by terror after two people were savaged by sharks in today's attacks that have never been seen before there.

1970's, or 1980's, in japan, and afterwards there are newly- developed countries in south asia, and now brazil, russia india, china, and south africa. it is important to take with a grain of salt that this rise is not necessarily inevitable. it might be reversed depending on what happens in the global economy. in the early-1970's, brazil was growing at a pace of 10% a year in gdp, and then came along the oil crisis in the middle east, and basically everyone stopped talking about rising brazil. when you read the papers, when you read official speeches in brazil in the early-1970's, you see that rise in brazil, the term "emerging power" you begin to see that in a official rhetoric. 20 years after that, there was not talk about emerging brazil. it is always important to take it with a grain of salt. the situation is much better than it was 20 years ago for many reasons. political stability, democracy, stabilization on the economic front, and the social the mention, in terms of poverty. that is a very important issue for priscilla and major in emerging economies. it is an overall sense -- and for major em

asia, china, even russia, they do not imitate dictatorships, they imitate more free-market systems.do not want to lose our principles just because a few people are grouchy. i want government allowing business to teach more of what it earns. and then business will do what it does best. if hiring new people because it is paid to do so. host: let's get one more call in on the republican line. [laughter] guest: i am sorry. host: not at all. go ahead, robert. caller: thank you for making sense. did is scary to hire people. as a one-man show, hiring people for security systems, i do not want to get out there and work that hard for no reason. i am also an inventor. what i to do with that would be magnificent. i forget the name of the ceo of ge. obama placed him as the head of jobs. i heard that he was going to close down his manufacturing plant and shipped it off to china. immelt, ceo of ge, i will not pared down his inventory. but i think that corporate tax reform, business tax reform, is very important. we talked about that with the of the super committee. we need a flatter and simpler t

russia and from abroad now we have an. image that can be called out of i speak from asia so we are now more affordable and more. optimistic and positive about the next couple yes they are a joint project between russia. europe superjet international and several dozen other companies this is the first civil aircraft produced in russia from scratch since the collapse of the u.s.s.r. . and you see what all the fuss is about we decided to go on a demo flight to as they say touch the plane ourselves this is actually the first of course a project one hundred which was sold to an airline it was named after really got in the first man in space and this plane has already made several international flights we're told that this is the basic version of the chair so nothing special but pretty simple and modern looking the. luggage going to work man so overhead that looks pretty spacious scott noisy the seats the seats are pretty comfortable overall i have to say that this is a whole new level of comfort compared to the planes main validated rivals which are the change you want thirty four and the forty two. geared up with so

asia. a low pressure system still with us bringing rain to parts of southeastern russia. the rain will weaken in northeastern china. the rest of japan will be looking at clear skies. to the south we've got this very large powerful high pressure system. that continues to bring a lot of moisture in from the south. south korea as much as -- watch out for isolated heavy rain of course. flooding and landslides not out of the question. temperatures stay hot in chongqing today. 37 degrees. tokyo rising to 34 degrees. in fact across much of japan, things really hotting up here. 33 in aomori. and coming in at 36 in kyoto. for the americas we've got widespread thunderstorms impacting the great lakes regions. that's really impacting the northeastern corner of the u.s. as well as southern ontario, canada, throughout the night. also some thunder clouds organizing themselves over the central plains. cool air ushering from the north and that's colliding with the humid air from the gulf of mexico. that will be creating this widespread thunderstorms in and around nebraska into kansas as w

asia. a low pressure system still with us bringing rain to parts of southeastern russia. the rain will weaken in northeastern china. the rest of japan will be looking at clear skies. to the south we've got this very large powerful high pressure system. that continues to bring a lot of moisture in from the south. south korea as much as -- watch out for isolated heavy rain of course. flooding and landslides not out of the question. temperatures stay hot in chongqing today. 37 degrees. tokyo rising to 34 degrees. in fact across much of japan, things really hotting up here. 33 in aomori. and coming in at 36 in kyoto. for the americas we've got widespread thunderstorms impacting the great lakes regions. that's really impacting the northeastern corner of the u.s. as well as southern ontario, canada, throughout the night. also some thunder clouds organizing themselves over the central plains. cool air ushering from the north and that's colliding with the humid air from the gulf of mexico. that will be creating this widespread thunderstorms in and around nebraska into kansas as w

really is is to get a stable export market relations i think above all with russia the central asian republics china and the rest of asia in the middle east and if that is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective not only austerity but there is no up to this crisis. still ahead for you this hour new evidence of negligence work is that japan's fukushima say the cooling system was due to fail before the fear is that by the mobs the moment. the thousand public glimpse of ross's new generation finds yet with the highlight of the last a mammoth sky and the fact that they have the biannual monks observation all things the lucrative deal find on the ground on high speed aerobatic displays in the sky. and watching the action for us. what an amazing day it's been here

is to get a stable export market relations and i think above all with russia the central asian republics china and the rest of asia in the middle east and if that is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective only austerity and there is no up to this crisis the meeting of e.u. need as was more about him is building then decision making that's the view of international consultant and former belgian m.p. nor divina last. and went to into the biggest economies of the european monetary union get together that is of course always meaningful if only on the psychological level these meetings tend to draw the line of should be the euro zone countries at last in general so whatever to decide there is basically taken by the other countries they're not going after t

is is to get steve will export market relations i think above all with russia the central asian republics china and the rest of asia in the middle east and if that is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective not only austerity but there is no out of this crisis. and yet another blow to the eurozone the block second one hundred sixty billion euro bailout for greece may be under threat after this is agreed to provide finland with collateral now in return for its contribution to the financial rescue package but that sparked indignation among the other fifteen donors some of which are now also demanding collateral to analysts however warn that greece is incapable of handing out such guarantees the commission says it will now investigate but if it is actions

really is is to get a stable export market relations i think above all with russia the central asian republics china and the rest of asia in the middle east and if that is is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective not only austerity but there is no out of this crisis. human rights groups are boycotting a british inquiry into allegations of torture saying the government is taking an irresponsible approach to the case activist insists the probe is a waste of time and public money because downing street will have the final say over whether or not to disclose the results of his lawyer and that one torture victim who also doubts the inquiry or bring justice. walking a tightrope of pain versus gain it's emerged that's how britain security agencies were encouraged

to say currently trading in the reds that's really meant that russia hasn't suffered such extreme losses that we've seen in asia that's given them a bit of a base but as we increase this is amongst investors about what's happening with the economic situation in the us in the year you say we first seen the european central bank step here and they said they'll be willing to prop up its sleeve in spades if that's necessary will the market take heed or will that come some of the fears that they have it's very unclear yet just how this is going to play out with the russian deputy finance minister say that russia doesn't intend to change its investment policy over the u.s. down go. a good thing that's really a major hit to the u.s. is that reputation a lot of people saying that downgrade really was a wakeup call for the u.s. trading days on today remains being exactly how it is going to be playing out there and thankfully we could be thing this continued volatility in the global markets and here in russia. and of course we'll have all the latest information on the stock markets in just a second thank you very much th

stable export market relations i think above all with russia the central asian republics china and the rest of asia in the middle east and if that is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective and only austerity there is no out to this crisis never think that there is one in expanse and. then an injection of euro bonds into the market after slightly what berlin and paris have refused to do here why is that. well it goes right to the fundamentals of the sovereignty the euro was created as a rotten compromise back when the berlin wall collapsed in the early ninety's and italy and france to impose the demands of the master treaty on helmut kohl back and that era. the germans resisted it fiercely initially until the german banks figured out th

really is is to get a stable export market relations i think above all with russia the central asian republics china and the rest of asia in the middle east and if that is created then you can have a growth vector that leads you out of this debt the impasse that the eurozone countries are in without that and so long as as the. dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective not only austerity there is no out of this crisis. so ahead this hour new evidence of negligence work is that japan's focusing a lot of these things is the deal to fail before the for those who get hit by. the public glimpse of russ's fifth generation clients debt with the high life in stocks assayed in moscow now the second day of a mack truck the best in all things to deal side on the ground and eyes plays in this guy's voice are safe and watching the action for. what an amazing day it's been here for the max two thousand and eleven internatio

is to get a stable export market relations and i think above all with russia the central asian republics china and the rest of asia in the middle east and if that is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective not only austerity and there is no up to this crisis. on to syria now where the u.n. announced a decision to remove all non-essential staff from its offices in the country amid growing concern over the violent crackdown by government forces on demonstrators the syrian government responded by inviting u.n. personnel to observe the situation on the ground meanwhile activists say over thirty people have been killed since troops seized control of the northern port city of latakia and according to the director of the center for research on globalization m

is to get a stable export market relations and i think above all with russia the central asian republics china and the rest of asia in the middle east and if that is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective only austerity and there is no up to this crisis well the ratings agency standard and poor's is facing increasing scrutiny in the u.s. the justice department is looking into allegations that dozens of mortgage bulletins were improperly rated in the lead up to the crisis of two thousand and eight s. and p. has been questioned off the stripping the u.s. of its treasured aaa credit score just two weeks ago lorna's to reports now and growing doubts over just how credible the credit rating agencies can be. breaking news the united states has just lost its

we have bilateral with new zealand, australia, russia, asia-pacific, including japan, we've had staff go there in the aftermath. we do a lot of that. not everything that happens maybe applicable to us. we always go through the process of, you know, what happened? how did you deal with it? how does it apply to us? what was interesting about the earthquake, tsunami, and nuclear power plant which tended to be most of the attention in the u.s.? the loss of the life was the tsunami was the real story as far as the total impact. looking at all of this from the stand point are we planning for things this bad? we are released the strategic plan leading up to that. we didn't know the tsunami was going to occur. if you look at the numbers of what we need to be planning against, the tsunami in japan actually fits what we were saying were our realistic thresholds for maximum events. in some cases, we find they start validating some of the things. a lot of people say you'll never have something that big. it's not possible. look, i'm not in the business of just the things that we can handle. when s

is to get a stable export market relations and i think above all with russia the central asian republics trying to and the rest of asia in the middle east and if that is is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the. dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective no new austerity there is no out to this crisis. still ahead new evidence of negative work is that in the long of the current system do you pay zero for the figures that was hit by the markets. the first public lives of losses a new generation finds its debt was highlighted in facile as saying they're not and the fact that they have a plan you know months out submission or things the lucrative deal find on the ground high speed are battling this blaze in the sky. and watching the action. what an amazing day it's been here for the max two thousand

to get steve will export market relations and i think above all with russia that the central asian republics china and the rest of asia in the middle east and if that is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective only austerity and there is no up to this crisis. the meeting in paris failed to calm traders nerves and together with fears about the possibility of another u.s. recession and forced global markets to fall on friday china which is the largest owner of american debt is also feeling the pinch of u.s. vice president joe biden is wrapping up his reassurance mission to the country he said chinese holdings of the treasury debt are secure investment advisor says washington's troubles are too big for its asian partner to relax china's extremely skeptical th