Detailed text transcripts for TV channel - MSNBC - 20110322:05:35:45
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Fly zone can operate effectively and aircraft and pilots of the coalition are not threatened when they're maintaining the no fly zone. the second aspect of this is making sure that the humanitarian aspects of the mission can be met. but let me emphasize that we anticipate this transition to take place in a matter of days and not a matter of weeks. >> matter of days not a matter of weeks. not even months. the majority of americans don't want any part of a third war in a muslim country. the president's base is angry because we're firing millions of dollars of missiles at libya instead of investi...
But concern has eased just a bit. the united states and the international agency said they could provide oil supplies to fill any gap left by libya's limited output. brent trading around $112 a barrel down from the $119 mark on thursday. in new york, nymex crude is down from its thursday highs trading at a little over $98 a barrel. back up by $1 here in asian trade, but still below that key, at least the key psychological $100 a barrel mark. now head of the international monetary funds economic outlook division tells cnn why oil's recent retreat is such welcome news. >> it's important. particu...
Now. good morning, from cnn london. >> is and very good afternoon from cnn hong kong, i'm andrew stevens. welcome to "world business today" this friday, february the 25th. relief for stock market investors as the oil price comes off the boil. by air or by sea, foreign citizens are fleeing the unrest in libya. we'll hear some of their stories. >> and as rescue teams comb through the rubble in christchurch, the government reassures investors that the country's economy is resilient. now, the situation in libya is looking increasely grim for moammar gadhafi. anti-government forces are also...