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Well tell you why point goes are now fetching hundreds of thousands of dollars on the international mark. We begin in the philippines where 10 days in to a siege in the city and separatists rebel as peer to be losing grounds. Mount military says it now controls 80 of the areas which were held by the National Liberation front. But its been at a cost, scores have been killed and 100,000 are homeless. It is the third large of the city in the philippines and its reported to be losing a billion dollars a day. A Major Military offensive has taken back areas in the center of the city in Santa Barbara and santa catalina, there has been heavy fighting in talon in the piece and also crashes on the outskirts of the city. The military says its killed more than 100 rebels but not known how many remain. Margo or teague he is as more. Reporter it has the upper hand at the siege and they are now on its 10th day. They have taken back the majority of the area originally taken by i rubble fighters, 80 no

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