Page 37 - Inside Libya News Today

Institute some sort of no-fly zone over libya, to actually keep libyan planes, which are apparently bombing and killing their people from flying. theres going to be increasing pressure to do something on a humanitarian front to protect these people. >> jeffrey goldberg from "the atlantic." your expertise all the more valuable as we watch whats happening across the middle east. thank you. up next, domestic politics. how long can wisconsin stand this stalemate? a key deadline looms on friday. ne...

New zealand is an earthquake zone, having a fault line that runs through the middle of the country. its the second major quick to hit christchurch in five months. the epicenter on this occasion was close to the city. this time with devastating consequences. the earthquake even shook a massive chunk of ice from new zealands biggest glacier about 120 miles from christchurch. it caused waves up to 3.5 meters up and down the lake for 30 minutes. back to you two. >> all right. our london bureau follo...

November election and today. we have a chicagole mayoral election. youve been talking about it. can rahm emanuel, former white house chief of staff, former congressman from the chicago area, can he get 50-plus one percent, become the de facto next mayor of chicago? im excited. >> im excited, too. we love politics here. were the junkies. thank you, chris cillizza. that does it for us for this edition of "andrea mitchell reports." tamron hall has a look at "news nation." >> great interview with do...

You could be looking at a significant impact on oil markets globally. >> looking at nymex around $88 at the moment. could unrest in libya ending up with gadhafi leaving and a lot of uncertainty, could we see $100 a barrel? >> were already seeing $100 a barrel. its really looking at a brand which is more an indicator where global prices are. and in a moment we saw it touch $100 a barrel, so oil prices really are above $100 a barrel in this unrest. >> what do you think that says about what the mar...

State television station has been ransacked. cnn cant independently verify this as libya has banned foreign journalists. at least 233 people have been killed in the uprising. the son of the libyan leader moammar gadhafi went on television overnight and warned the turmoil could destroy the society and the economy. >> so we will have civil war. we will lose all the infrastructure. we will have no food, and in addition, you now have companies in libya who are executing projects worth $200 billion, ...

Broadcasting and playing taped programming at the moment. just to -- just to say that we cannot independently -- cnn cannot independently confirm this at the moment. but were getting reports from several sources saying that buildings are on fire in the libyan capital tripoli. and also reports that the eastern city of benghazi are in the hands of protesters. well work very hard to try to confirm these reports independently ourselves. and of course, update you as soon as we get more information on...

Remember my words very well. and this is why today were at a cross roads. an historical decision for us for libyans. >> certainly whats been happening in libya over the weekend is affecting oil prices. its not just libya too. the recent unrest right around the region has hit some major oil producing nations. what will it mean for longer term oil prices? here to talk about that is neil. welcome to the show. >> thank you. >> first of all, how big an impact can libya have on oil prices, do you thin...

Billion. the broader s&p down about .75% because of the china tightening cycle and resource stocks taking a hit in australia. meanwhile in seoul, shares of shipbuilding were up almost 5% today. jumping on news that daewoo has won a contract for building containing vessels. well be asking the ceo about that deal in a few hours from now right here on "world business today." charles? well, lets recap -- well, lets recap our top story, the unrest in libya. were hearing multiple reports that at...

We see more violence in libya. >> certainly your companies operate in unhealthy regimes as it is. in some ways used to unrst. >> thats par for the course for all companies. certainly, you know, there is many companies where oil companies operate where we see unrest. but you know, certainly, in terms of operations. the unrest major impact in terms of oil companies in libya. >> thanks for coming in. >> thank you. well, protests are erupting elsewhere as people in the middle east and africa keep ...

It seems whats been going on in libya over the weekend hasnt dented european stock markets too much, andrew. >> well, a similar picture here in asia, as well. fairly mixed outcome for the trading day today, charles. the hang seng here in hong kong down by about .5% even as shares in the refining companies were up as oil continues to rise. shanghai fighting concerns of tightening in the bank in china. the chinese authorities are trying to drain some of the liquidity out of the market to bring inf...