u.s. carmakers who once received the balance are now reaping the rewards more and more locals in detroit are forced to deal in facts crap just to make ends meet. was a real out of those world experience a russian built orbital hotel is due to be put into space in just five years but those were cast to splash on the picture you.

u.s. carmakers who once received the balance are now reaping the rewards more and more locals in detroit are forced to deal in scrap just to make ends meet. it was a real out of those world experience a russian built orbital hotel is due to be put into space in just i years those were cast as the clash on the figure you. on the bus was about the prospects for the world economy is being felt in russia they can only ministry has lowered the culture of growth will cost for twenty eleventh's foreign business about ten minutes with. its five pm here in moscow this is r t coming to you live on news and now with our top story this hour and efforts are underway in libya to try and restore water and electricity supplies in tripoli rebel leaders have asked nato countries to protect the teams trying to repair basic services but also once again rejected the possibility of holding talks with moammar gadhafi parties where if an ocean is in the capital where a humanitarian crisis is unfolding. what we're hearing here in tripoli from the rebels makes their position absolutely clear it will no be any negotia

u.s. carmakers isn't filtering down to the streets of the country's ones booming automotive capital detroit increasingly looks like a ghost town and its residents are literally surviving on scraps as i. discovered. this was once a city that symbolized america's innovation and manufacturing might. but today detroit is the third most violent city in the u.s. with unemployment estimated at up to fifty percent according to officials the once glamorous motor city now has more people living in poverty than cars on the streets home foreclosures continue flight to the suburbs which takes the tax base away from the city and there's more and more of that the decline in the school system. is making people leave the city and so there's no money they're really in there no there are no jobs here and as the u.s. census points out a quarter of a million people have left detroit in the past ten years the economic scars of this once vibrant city are impossible to escape roughly sixty thousand vacant buildings and thirty five thousand abandoned homes lined the streets of detroit hollow shells of america's for

u.s. carmakers who. received bailouts are now reaping the rewards more and more locals in detroit are forced to deal in scrap just to make ends meet. and a real out of this world experience a russian built orbital hotel is due to be put into space in just five years for those with cash to splash on a perfect view. speaking at a special economic summit in brussels the president of the european central bank has defended europe's bailout driven survival efforts amid why didn't divisions on managing the debt crisis all talks focus on halting the spread of contagion even as the e.u. commissioner warned that growth in europe is almost stagnant economy would slow even further well officials also called it critical to work out fresh problems stemming from a finland's demands for collateral from greece a move that could derail a second one hundred sixty billion euro bailout for the country and for more now i'm joined by dr christian right from the economics department of the university of wired sciences in frankf

u.s. carmakers meet once with the balance and are now reaping the rewards more and more locals in detroit are forced to deal and scrap just to make ends meet. a real out of this world experience a russian built orbital holt's how it's due to be put into space and just behind years time.

u.s. carmakers it once was the balance and are now reaping the rewards more and more locals hundreds roid are forced to deal and scrap just to make ends meet. a real out of this world experience a russian built orbital hotel which is due to be put into place and just behind here is time for those with cast glass on the perfect view. but from our headquarters in central moscow you're watching r t with me and he sonali it's four pm here in the russian capital two pm in tripoli where efforts are underway in libya to try to restore water and electricity supplies rebel leaders have asked nato countries to protect the teams trying to repair basic services they've also once again rejected the possibility of holding talks with moammar gadhafi. the notion that is in the capital where humanitarian crisis is unfolding. we're hearing here in tripoli from the rebels makes their position absolutely clear they will no be any negotiations with gadhafi and all the can provide him they say is safety and trial the rebels information minister. has said that if even if gadhafi personally calls him and asks wh

u.s. carmakers who once received the bailouts and are now reaping the rewards for locals of detroit are forced to deal in a scrap just to make ends meet. and a real out of this world experience a russian built orbital hotel is due to be put in space of just five years for those with cash to splash on a perfect. but russia has once again called on the conflicting sides in a syria to end the bloodshed and move from the battlefield to the negotiating table and also urged countries opposition to yield to a peaceful solution as it says this is the only way that will lead to a democratic reforms and comes as russia's deputy foreign minister has been meeting the syrian leadership are visiting a solution has more. russia is calling on the syrian government for an immediate implementation of all promised reforms and forces stationed off because still it is between all conflicting parties that is the government and the opposition forces in the country that was the message from the kremlin which was relayed to the syrian government by russia's deputy foreign minister bugs out of who is in the syrian capi

u.s. carmakers who once received bailout certain now reaping the rewards more and more locals into detroit are forced to deal in scrap just to make ends meet. or real out of this world experience a russian built orbital hotel is due to be put into space in just five years but those with cash to splash with a perfect view. it's just after six pm here in the russian capital and you're watching r t now efforts are underway in libya to try to restore water and electricity supplies in tripoli rebel leaders have asked nato countries to protect their teams trying to repair basic services well they've also once again rejected the possibility of holding talks with one market off the marquis's maybe if an option that is in the capital where a humanitarian crisis is unfolding. what we're hearing here in tripoli from the rubbles makes their position absolutely clear they will no be any negotiations with gadhafi and all they can provide him they say is safety and fair trial the rebels information minister. has said that if even if gadhafi personally calls him and asks when they go she says he will not

u.s. retail sales exporters are the main gainers on the net recovering from friday's heavy losses carmakers spirit and some of the biggest gainers in japan meanwhile financial stocks are among the best performers in hong kong with h.s.b.c. up forty percent. in russia trading as a really kicked off on the r.t.s. and on the myself so we'll start in around three and a half minutes some of the main gainers on the r.t.s. into energy shares with gazprom the new cool gaining around one half percent and also financial shares are doing well but i think is up one point three percent this hour. and for investors who are keen to jump into the russian markets at the moment peter weston from our song says the range of interesting stories to consider is limited. where you want to be if you have to be in russia it's going to be telecom selected consumers and some selected utilities select difficult because you have the election side to it but i do think when it when it comes to secure. you have to very careful financials in russia looks fantastic to be honest but the problem is that when you see a market t

u.s. retail sales exporters are the main game is on the nikkei they're recovering from friday's heavy losses carmakers to turn on the boat up more than two percent meanwhile financial stocks are among the best performers in hong kong h.s.b.c. up for said. russian forces will open in around half an hour to one hour now they managed to close on friday in the black the first strong session in a more than a week three percent my sixty percent. now for investors who are keen to jump into the russian market at the moment peter weston from out on says the range of interesting stories to consider limited. where you want to be if you have to be in russia it's going to be telecom selected consumers and some select a new tool to select victims is difficult because of the election side to it but i do think when it when it comes to cyclical stocks you have to very careful financials in russia looks fantastic to be honest but the problem is that when you see the market goes down because of the financial crisis you are going to see financials being hit in europe and the us the russian banks that are listed and are p

u.s. retail sales exporters the main gainers on the nikkei as they were recovering from friday's heavy losses carmakers toyota and honda were both up more than three percent at the close meanwhile financial stocks helped the hang thing going three percent h.s.b.c. was up four percent at the close. european markets kicked off trading on the up thirty two shares in recruitment and stuffing michael page down sixteen percent after a disappointing first half results banks are up in frankfurt commerzbank in the lead it's up to half percent. and bosses are also in the black with energy and mining stocks are among the main gainer. screening two percent of the us to now. is bouncing back after making double digit losses last week metals mine enormous nickel is not an exception is also up three percent the company's board is meeting to consider making another offer to its major shareholder roussel to buy back its shares and coal miner a spot square is gaining around three percent in the wake of posting a twenty percent fall in the second the revenue. for investors who are keen to jump into the russian market at

u.s. retail sales are helping shares exporters are the main game is on the nikkei they're recovering friday's heavy losses carmakers to hand over three percent meanwhile financial stocks are some of the best performers in hong kong h.s.b.c. gaining just a not under four percent. european markets kicked off trading on the up for the gains the shares in recruitment and stuff and for michael page are down sixteen percent after a disappointing first half results up in frankfurt commerzbank in the lead it's gaining two point six percent. russian bosses are also in the black with energy and mining stocks among some of the main gayness take a look at the main. movers on the my sex prosthetic almost bouncing back after making double digit losses last week as a flight from a four point seven percent bank of moscow is no exception it's also up two percent after announcing its profits in the first seven months of the coal mine. is gaining around three percent in the week in the wake of posting a twenty percent for second quarter. results he will be back in fifteen minutes whether or not they'll see that. for the full story we

u.s. exporters are among the worst performers on the nikkei with and about two point six percent and citizen overflow percent and the right carmakers are no exception with homegirl shedding around three percent that's our new energy stocks are the ones really hit the hardest in hong kong with petro china down around four percent. here in moscow markets will start the trading day in around one hour they nosedived out there is that the arts yes close in almost five percent in the red energy and financial stocks where the worst wants to suffer the biggest losses during the day let's take a look at oil prices they keep falling after an almost six percent decline on thursday concerns about global economic recovery are going on crude however that we could dollar it's given some supports the w t i a is that around eighty one dollars per barrel this friday had one hundred and six dollars per barrel this hour a quick look at the precious metals now gold this trading at a new record high level uncertainty about the global economy as pushed investors back to safe havens the sport price is now at above one thousand eight hundred forty dollars

u.s. exporters are among the worst performers on the lake there with ten balancing point six percent and citizen over four percent in the reg carmakers are no exception hong kong all around three percent this hour we will energy stocks are the ones being hit hard in hong kong with perhaps for china down around four percent. here in moscow markets will start the trading day in less than two hours time the nosedive on thursday with the r.t.s. closing almost five percent in the red energy and financial stocks where the wants to suffer the biggest losses during the day a second look at oil prices keep falling after an almost six percent applied on shoes day concerns about the global economic recovery are weighing on crude however the we could dollar is given some supports brant blend is trading at one hundred six dollars per barrel while the w.c. i was at around eighty one dollars per barrel and a quick look at precious metals gold this reading out to remove record high level as uncertainty of the global economy is pushing investors back to safe havens the spot price is now out of all of one thousand eight hundred forty dollars per ounce

u.s. export those were among the worst performers on though they paid with tearing down some point six percent and citizen over four percent in the right and carmakers were no exception honda shadow around three percent and this is stocks were the worst in how we call it with petro china down around the world her sights were certainly got over. prices they continued to fall after an almost six percent decline on thursday concerns about global economic recovery are weighing on costs the ricoh dollar is given some supports the w. cia is at around eighty dollars per barrel while bryant has fallen to one hundred and six dollars a barrel and the quick look at precious metals gold is setting out a new record high level as uncertainty about the global economy is pushing investors back to safe haven it's this small prizes out above one thousand eight hundred sixty dollars per ounce and silver is also all over it simply said this hour oh well fears over dreaded double dip are once again rising in the markets the us of us of all that from deutsche bank says russia is in a better position so his son the recession than it was in two thousand and eight. the comp

u.s. retail sales and overall general performance of the western markets on friday exporters are the main gainers of the nikkei as they're recovering from friday's heavy losses carmakerszero seven hundred over two percent meanwhile financial stocks are among the best performers in hong kong with h.s.b.c. up four percent. and the russian forces will kick off the new trading week in around two hours time they managed to close in the black last friday with the r.t.s. up more than three percent my six moment this is. for investors who are keen to jump into the russian market at the moment peter west and from. the range of interesting stories to consider limit. where you want to be if you have to be russia it's going to be telecom selected consumers and some select a new tool to select your team says difficult because of the election side to it but i do think one is going to come cyclical stocks you have to be very careful financials and russia looks fantastic to be honest but the problem is that when you fear market goes down because of the financial crisis you are going to see financials being hit in europe and the us the russian banks that are listed and our previous so

u.s. exporters are among the worst performers on the one hand then down two point six percent and citizen over to sides in the red and carmakers there are no exception honda is setting around three percent this hour and we're all energy stocks are the ones being hit the hardest the hong kong with petro china down around the world for sides let's move over to europe the markets there are tracking losses in asia and were seen as selloff b.h.p. billiton home is the climb in two point three percent this hour and that's after approval investments expire at columbine and columbia and here in most guys it's obvious that the markets are trading in negative territory x. the end of thursday's losses yes is now down over three percent although my sense is head in that direction let's take a snapshot of the market movers on the my psych's energy majors are among the worst performers with gasper all down over three percent new york banking stocks are also on the pressure with those burbank ending to be losing almost for life whose side this hour and the oil prices continue falling after an almost six percent decline on thursday concerns ab

u.s. exporters are among the worst performers on then they came up with canon down two point six percent and citizen oval office signs in the red carmakers are no exception the holiday shopping around three percent this hour meanwhile energy stocks are the ones we have got hardest in hong kong with petro china down around four percent that's why it's so europe the markets there are tracking losses in asia and we are seeing a sell off shortly after the opening. minutes on is the clients you point three percent this hour after approving investments expand at home-i in colombia and here in moscow the markets have opened and they are trading in negative territory extend in thursday's losses r.t.s. is losing over one and a half percent of all my sense is now more than one percent and here's a quick snapshot of the market movers on the my sex energy majors are among the worst performers with gas from down more than one percent new all banking stocks are also on the pressure with both burbank ending its abilities in around two percent. and that's all the business news for now for more stories you can always check out our website artsy dot com s

u.s. debt limit deal asian markets are high as the japanese nickie and their three day one point three percent higher exporters were among the main game is that with carmaker honda up almost three percent and banking stocks among the best performance in the hong kong h.s.b.c. holdings climbed one point eight percent after announcing a deal to sell almost two hundred of its u.s. retail branches for one billion dollars now europe is trading in the black stocks in london number listed by news of the debt ceiling agreement in the u.s. banking stocks are higher with barclays bank gaining one point two percent and commerzbank up over five percent on the docks mining shares are also on the upturn with xstrata up nearly two percent anglo american adding one point eight percent each group of the ten gained one point seven percent here in moscow stocks surged the most in two weeks as oil and commodities rise is up almost two percent and a minus six who's gaining one point seven percent now let's have a look at some individual movers on them isaac's energy majors among the main gainers with gas problem again in one point nine percent of our banking stocks are also on

u.s. credit rating downgrade triggered the sell-off earlier but today those worries shifted to europe and a possible ratings downgrade in france. that convinced asian traders to unload bank shares and those of carmakers like nissan and to give you a perspective of how bad it's been in tokyo, the nikkei has fallen 8% in less than a week. we did see some good news in other parts of asia though. the two bright spots, kospi and shanghai index ending in positive territory so some bright spots amid the bad news in tokyo. >> akiko fujita, thanks. >>> the number of foreclosures dropped last month to the fewest four years before closure rates dropped last year when allegations surfaced about banks approving foreclosures too quickly. banks are moving slowly since they aren't anxious to seize more houses with so many on their hands. >>> the tough economy is one of the reasons americans are pulling the plug on cable and satellite tv. eight of the nine top providers lost subscribers in the second quarter. another reason, so much streaming video is available online. >>> well, apple's back and forth battle with oil giant exxonmobil over which is the nation's most valuable company has apple back on top this morning.

u.s. coast guard asked a company and some others to investigate a sheen in the gulf of mexico and we have some of the carmakers down significantly as well. they are, of course, very economically sensitive stocks. there are fears and frustration out there, obviously, and those are political as well as economical. the two strongest nations in the euro zone, france and germany, not staying enough amongst each other to stem this debt crisis from spreading and we do have some good news today particularly out of greece. finance minister there saying that july 21st agreement, that deal for the second bailout is, in fact, not in doubt. and will continue that stem, some concerns and i want to point out one quick bright spot for you, ashley. one stock up 75% today. it's a software maker autonomy up 75% in london because h.p. making a $10 billion offer to buy it. i will leave you on that positive note. >> and i'm smiling, one stock out there doing well today. we'll take it. lauren, thank you very much for telling us everything that's going on in europe and obviously, a selloff in europe, as we can see. let's check in wit