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From over, an international contact group is meeting to discuss the oil hitch krich cou future. other countries involved in the libyan mission and also the former libyan foreign minister will be meeting in the capital on wednesday. he defected two weeks ago. he said is seeking a role within the opposition and possibly one of brokering a deal between the regime and rebels. libya has invest the its oil wealth in at least 35 countries around the world. the libyan investment authority or the lia is believed to control about $70 billion worth of assets. it's been instrumental in helping libya spr...

Up and coming nations want in, like south africa turning what started as a term for investors brick into the bricks. at the summit, the bricks are focusing on the global economy. but some experts believe the group could one day act as an alternative avoice on political affairs. brazil, russia, india and china on stained from voting on a u.n. resolution authorizing a no fly zone in libya. south africa voted favor but harshly criticized the western-led bombing campaign. still mshgs argue these countries have conflicting political systems and economic priorities, making it difficult to put forth ...

The unrest in libya will effect the company. >> in any case, we not change our poll sichlt we're stiicy. we're still working with the governments to provide them with the same solution. everything in accordance with the law and the regulation that international community will ask us to respect. >> what do you think it's going to take, 12 to 18 months for this to settle down and then strategically you say as a company we can go back in with our original strategy of growth for the middle east? >> the original strategy of middle east has not changed. it is not changing because of these turmoil si...

Libya's post-gadhafi future. he is hoping to meet with coalition and rebel officials at a libya contact group summit. it's not really clear how the once feared former intelligence chief may be received by the rebels. gragbo has been ordered to house arrest. he is expected to stand trial for violence after losing the presidential election last november. the new president has told the military to restore order to the country as quickly as possible. those are the headlines. world business today starts right now. it is wednesday, april 134th. i'm pauline chu. >> and this is "world business t...

Libyan tanks in 24 hours. in fact, we got this video from the british ministry of defense showing british aircraft destroying those libyan regime tanks. and this, which is said to be canadian forces, bombing a gadhafi weapons depot. just yesterday, french fighter jets taking off from the aircraft carrier in the mediterranean sea. arab nations are contributing resources, as well. the united arab emirates will send a dozen planes to patrol the no-fly zone in the coming days. and just today, the joint task force released this picture of a qatari jet taking off in support of the operation. back in...