Markets Ali News Today

Create facts on the ground. so they end up just surrounding benghazi where the rebels are in the east. the government has always stated thats where theyre going next. perhaps thats their objective. theyre going to try to get that done before the international community is ready to really follow through with this resolution, ali. >> the president is coming out right now. lets listen in. well talk on the other side. good afternoon, everybody. i want to take this opportunity to update the america...

Provided transportation for us and taken us down there to see how the cease-fire that theyve announced is taking hold. instead, the reports have been that the fighting there has been continuing. weve seen government support -- government -- pro-government reports on television. the government is getting its message out to its supporters that everything is fine. it appears on the ground everything is far from fine. ali? >> chris lawrence at the pentagon, defense secretary gates represent it is vo...

Government trying to create some facts on the ground before the international community can get its military act together and strike. theyre trying, it appears, to take control of a couple of last cities before they have to lock it all down. ali? >> nick, thanks very much, nic robertson joining us from tripoli. its friday with so much breaking news from libyan japan, how has the stock market handled the chaos? ill tell you about it in your honey right after the break. ich one? 10 invisible. yo...

Just this week, two up, two down. thats including today. its been kind of like whiplash on the markets. what youre seeing, ali is investors reacting to every negative or positive headline coming out of libya, out of japan. its been these knee-jerk reactions to sell and to buy. thats what weve been seeing all week. one thing were seeing is financials, theyre surging. if you own any stocks in banks, you may see dividends come back because the fed gave approval letting banks pay out or even boost f...

>> ali, the u.s. air force has a base in italy, the navy has two, and the italians have already okayed the use of their area to launch some of the missions in this know fly zone. there was an aircraft carrier in the mediterranean sea near libya. it left earlier this week and is now out in the arabian sea. without a carrier, planes will have to fly possibly farther, which means they wont be able to spend as much time over libyan aerospace which means you may need more planes to carry out the miss...

That clear, publicly i suspect gadhafi would be in a different position, maybe even left the country by now. in techls of military action, so far its an authority, a legal action. well see by president obamas statement in the next 20 minutes, half an hour, and statements of other countries of who is going to participate, how its going to be coordinated. a no-fly zone is only one thing. the part you read, ali, it shows that you can use air power against gadhafis ground forces. >> right. >> that i...

No-fly zone. theres going to have to be air forces from arab countries who will do so. administration officials believe they have a commitment from some of these arab countries to do it. theyre trying to work out the details. in the en, they think the only thing gadhafi and his loyalists will appreciate will be power, military power. theyre not just going to back down in the face of words right now. this is literally a case, ali, where administration officials tell me at the highest levels that ...

The other is the imagery today, flying over the site. they really have been sort of blind as to exactly whats been happening inside all these reactors. remember it. its not just one reactor. were talking about six nuclear reactors here. all of them had various problems and various stages. they flew over wit a helicopter and began to look down. they could see, yes, it was as serious as perhaps had been feared, partial koerp exposure, problems with water levels and you certainly have significant a...

Three months and they needed some excuse to sell stocks? >> its a little bit of each of what you said investors, traders, theyve all been talking about this corruption. meaning weve had a nice run up in the markets, seen stocks shoot up really high. many investors and traders have said the markets have been over bought. they were predicting wed see a downturn in the markets. in that way not such a huge surprise. but what they were in fact looking for all this time, ali, was maybe a an excuse. th...

Is going to pay for all of this? and thats going to be a subject for negotiation. right now, theres no clear -- these countries are not committed to sending the bill to the libyans, for example. libya is a major oil exporting country and some time down the road they might be able to reimburse the coalition being put together thats going to pay for all this operation. maybe some of the oil-rich arab countries, the saudis, uae, qatar, bahrain, maybe some of these countries will pay for this missio...