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Detailed text transcripts for TV channel - CNN - 20110222:02:14:00

ramifications for the people of europe, southern europe, italy, but all of those countries are going to watch this. and i suspect they're going to be very, very angry. >> wolf, thank you very much. >> thank you, piers. "new york times" columnist nick kristoff joins me by phone. what is going on in the middle east? what's your overview? what we're seeing is the domino effect that people predicted. where will this go next? where will it end? >> well, you know, if i knew, boy, i'd be in that next spot. i don't know. but what is striking is the way it's now sending not only through -- through the middle east itself, but beginning to see it as far away as zimbabwe today, or venezuela, albania and china. and the demonstrations there seemed to attract as many security people and journalists

People , Nick-kristof , Countries , All , Wolf-blitzer , Piers , Ramifications , New-york-times , European , Italy , Phone , Middle-east

Detailed text transcripts for TV channel - CNN - 20110222:02:03:00

Detailed text transcripts for TV channel - CNN - 20110222:02:03:00
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Moammar-gadhafi , Country , Part , Area , Forces , Air-strikes , Deal , Paratroopers , Excitement , Situation , Crisis , Control

Detailed text transcripts for TV channel - CNN - 20110222:05:02:00

venezuela. i'm still here. >> a brief but extraordinary statement. and i want to begin immediately with ben wedeman tonight in eastern libya. ben is the first western television reporter to enter and report from inside libya during this crisis. ben, what's going on? what can you see? what do you know? >> reporter: well, what i can see, piers, is that the eastern part of the country seems to be under the control of anti-gadhafi forces. as we were driving in from the egyptian border, we did not see any soldiers, any army, anybody representing the government. in fact, at the border, there were no formalities whatsoever. we did see sort of large groups of young men with shotguns, with ak 47s. they seem to be the power in this part of the country. and what they're out there to try to maintain order, but apparently they're also

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Detailed text transcripts for TV channel - CNN - 20110222:08:14:00

it's on our doorstep. big calls for these politicians right now, isn't it? >> there's enormous ramifications for the people of europe, southern europe, italy, but all of those countries are going to watch this. and i suspect they're going to be very, very angry. >> wolf, thank you very much. >> thank you, piers. "new york times" columnist nick kristoff joins me by phone. what is going on in the middle east? what's your overview? what we're seeing is the domino effect that people predicted. where will this go next? where will it end? >> well, you know, if i knew, boy, i'd be in that next spot. i don't know. but what is striking is the way it's now sending not only through -- through the middle east itself, but beginning to see it as far away as zimbabwe today, or venezuela, albania and china.

People , It , Politicians , Countries , All , Isn-t , Wolf-blitzer , Calls , Ramifications , Doorstep , European , Italy

Detailed text transcripts for TV channel - CNN - 20110222:05:14:00

because it's spreading fast. it's on our doorstep. big calls for these politicians right now, isn't it? >> there's enormous ramifications for the people of europe, southern europe, italy, but all of those countries are going to watch this. and i suspect they're going to be very, very angry. >> wolf, thank you very much. >> thank you, piers. "new york times" columnist nick kristoff joins me by phone. what is going on in the middle east? what's your overview? what we're seeing is the domino effect that people predicted. where will this go next? where will it end? >> well, you know, if i knew, boy, i'd be in that next spot. i don't know. but what is striking is the way it's now sending not only through -- through the middle east itself, but beginning to see it as far away as zimbabwe today, or venezuela, albania and china.

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Detailed text transcripts for TV channel - CNN - 20110222:05:03:00

concerned that the libyan government will strike back, will possibly, they're worried, drop paratroopers into this area, may launch more air strikes on to the eastern part of the country. so there's a good deal of excitement that they've been able to kick gadhafi's forces out of this part of the country. but there's a profound concern that they don't have firm control of the situation on the ground yet. piers? >> ben, we've been following you, obviously, around the middle east as this crisis has developed egypt to now into libya. the key difference to me here is that you are looking at a regime that has made it clear publicly they are going to get as bloody as it takes to maintain their power. and we could see a different situation to the one we saw in egypt, couldn't we? >> reporter: absolutely. and this is what libyans will tell you.

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Detailed text transcripts for TV channel - CNN - 20110222:08:04:00

who did at a certain point crack down on his opponents. but after 18 days of largely peaceful protests, he was willing to step down. nobody in libya is under any impressions or illusions that moammar gadhafi is going to go like that. the worry is that he is going to use everything at his disposal. his air force, the few remaining forces that are loyal to him. mercenaries to crack down, to try to reestablish control of this country. the worry is that this is sort the romania all over again. this is a regime that's going to go down fighting until the bloody end. piers? >> ben, you're one of the only journalists in there right now. what do we actually know about what has been going on against the people? we're hearing lots of rumors and

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Detailed text transcripts for TV channel - CNN - 20110222:02:08:00

>> it's tough to say, honestly, because you hear a lot of numbers. but we get phone calls in from friends and people we know saying, you know, even driving through neighborhoods, we'll see people setting up, the libyan people have a traditional way to set up a -- kind of a funeral procession the day after someone dies. and you'll see them scattered around town. and so i could easily say it's in the tens -- around maybe 200. from, you know, estimates i can gather. >> adam, it's quite obvious from colonel gadhafi's statement tonight that he's planning on going nowhere. his son has promised bloodshed right until the bitter end if necessary. what's been the reaction of the libyan people? do they have the persistence, do you think, to go through with this? >> i truly believe they do, piers. they are united. despite what they've made to believe. we are all united against having him and his family in here

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Detailed text transcripts for TV channel - CNN - 20110222:05:08:00

people can't get through, just fly through and spray the area with bullets. >> how many people do you think are getting killed here, adam? >> it's tough to say, honestly, because you hear a lot of numbers. but we get phone calls in from friends and people we know saying, you know, even driving through neighborhoods, we'll see people setting up, the libyan people have a traditional way to set up a -- kind of a funeral procession the day after someone dies. and you'll see them scattered around town. and so i could easily say it's in the tens -- around maybe 200. from, you know, estimates i can gather. >> adam, it's quite obvious from colonel gadhafi's statement tonight that he's planning on going nowhere. his son has promised bloodshed right until the bitter end if necessary. what's been the reaction of the libyan people? do they have the persistence, do you think, to go through with this? >> i truly believe they do, piers.

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Detailed text transcripts for TV channel - CNN - 20110222:02:50:00

dictator. and we'll have the latest from wisconsin on the budget crisis and the moves by the governor that have unions crying foul and the demonstrators demanding he negotiate. all that and more at the top of the hour. >> thanks, anderson. what will the chaos in libya do to the oil prices and the world economy? the ceo at pacific investment management company and the chief oil analyst for the oil price information service. moham me start with you, what are going to be the economic impacts. we've seen oil prices surging in the last few days, what do you see this developing? >> in the long term, piers, it's good news to build the economy in the sense -- in the short term it's bad news, bad news because it will push inflation higher and it will push growth lower. it's what economists call st

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