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Create facts on the ground. so they end up just surrounding benghazi where the rebels are in the east. the government has always stated that s where they re going next. perhaps that s their objective. they re 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. let s listen in. we ll talk on the other side. good afternoon, everybody. i want to take this opportunity to update the american people about the situation in libya. over the last several weeks, the world has watched events unfold in libya with hope and alarm. last month protesters took to the streets across the country to demand their universal rights and a government that is accountable to them and responsive to their aspirations. but they were met with an iron fist. within days whole parts of the country declared their independence from brutal regime, and members of the government ....
Provided transportation for us and taken us down there to see how the cease-fire that they ve announced is taking hold. instead, the reports have been that the fighting there has been continuing. we ve 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 voice of caution on this saying this isn t as simple ascending planes up there, even though it seems like the u.s. air force and other countries air forces would be no the libyan air force would be no match for them. why is he expressing concern? reporter: wolf is right. libya has air defenses. they have ballistic missiles with the capability to travel possibly just short of 200 miles ....
Government trying to create some facts on the ground before the international community can get its military act together and strike. they re 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. it s friday with so much breaking news from libyan japan, how has the stock market handled the chaos? i ll tell you about it in your honey right after the break. ich one? 10 invisible. you can t e it, with zero daily hassle. no batteries to change. noaking off and putting on everyday. in their report, a nleading nepaper sange. lyric aears to have overcome many the problems sound good? ....
Just this week, two up, two down. that s including today. it s been kind of like whiplash on the markets. what you re seeing, ali is investors reacting to every negative or positive headline coming out of libya, out of japan. it s been these knee-jerk reactions to sell and to buy. that s what we ve been seeing all week. one thing we re seeing is financials, they re 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 from pre recession levels. if you own jpmorgan, wells fargo, you could see dividends come back on your investment sheet there. a lot of our viewers will have dividend paying stocks in their 401(k)s or iras. give me sense as you ve been talking to people on wall street whether this week s volatility has been specifically because of specific business concerns about what s going on in japan or it s one of those we ve had a good run in the markets for the last ....
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 won t be able to spend as much time over libyan aerospace which means you may need more planes to carry out the mission. some of the officials i ve spoken with here in the pentagon say don t just think of a no-fly as american fighter pilots flying american jets. there are other ways in which the u.s. can contribute. unmanned drones, for instance. the u.s. also has signal-jamming aircraft that could disrupt colonel gadhafi s ability to communicate with his forces. overall what you ll have to do ....