The market moving news from around the world. Joining us on the phone from hong kong is karen lee, from london, emma chandra, and here in new york is michael mckee. First we want to kick it off and hong kong come over the chief executive carrie lam spoke at a briefing following 12 straight weekends of protests in the city. Lam the government is confident we can handle a months long disturbance. I think it is a common goal and hong kong to handle this by ourselves. Alix bloombergs karen lee has the latest. Where are we at . Carrie lam speaking publicly after another weekend of violence, saying they can handle unrest without assistance from chinese forces, and that she still wants to hold talks with protesters. This comes after beijing issued its most direct warning yet, saying in a commentary on state media that the government has the Legal Authority to halt what it said had become a revolution, even though analysts still say such a move remains a last resort. There are calls now for an
sounds like nonstop gunfire there in the city of misrata. again, that was shot in misrata. i want to hold the thought here as we reset the scene. because momentum in the war has swung in a hurry toward moammar gadhafi. i want to take a look at libya and let s look at the map. first you see tripoli, the capital way out in the west. now, the rebels are based in bengha benghazi, a rebel stronghold, second most populated city in libya, hundreds of miles to the east. this curious civil war is essentially being waged along this road that hugs the mediterranean coast. here s some of the cities in between. you see several different cities right there you re familiar with by now. over this past weekend, the rebels took advantage of nato air cover and they stormed into the city of ajdabiya. they then overran the oil centers in al brega and ras lanuf, chasing forces loyal to moammar gadhafi, to the west. but now here s where things have suddenly turned around. appears gadhafi got rein