coming to you live from moscow you're watching r.t. now to our top story world markets have taken a steep nosedive was a wave of bad growth news prompted a stock's fire sale nearly release us economic data depress traders the most domestic manufacturing fell to its lowest point since two thousand and nine the housing market slumped as well while unemployment spiraling besser is have also expressed concern over the eurozone debt crisis this week's summit of german and french leaders where they suggested bringing the region together under a new economic government failed to quell a nice some analysts have even suggested it deepened of market jitters as a more active solution was expected meanwhile investment bank morgan stanley put a bleak forecast on american and european growth saying that both were dangerously close to recession patrick meant for an economics professor at the cardiff business

school believes that hieron material prices and financial uncertainty is putting the brakes on. there's been inflation in the world economy and there's been quite a tightening of monetary policy around the world especially in china and india and some of the other emerging markets and that has led to a fall back in growth in those countries and. so the markets so worried about slow growth but really they shouldn't be too surprised because with the situation of role material prices so high oil prices so high there is a big factor of a slowdown in the world economy there's obviously a lot of uncertainty about the eurozone and what will happen. and go to the eurozone summit wasn't very conclusive all helpful in that respect so that's a great deal of uncertainty which is worrying the markets about the situation of buying so in europe i don't think that i think that will be

a result but it may take some time to resolve it that's the problem meanwhile markets are very nervous well asian markets have followed the global selling binge that made a fresh recession warnings and piling debt in the euro zone we're seeing a sea of red across the board with a stall in china's flying growth contributing to trader concerns let's not get more from our asia correspondent priya sridhar hi there priya now this latest slump it's not what investors were expecting from asia's strong economic outlook was it. that's very tough initially when we were talking about the s. and p. downgrade of the u.s. economy there was the markets here in asia were falling and initial reaction to that news but most economists and politicians here really thought that that was only an immediate reaction and that in the long term asian markets would rally however this is quite a surprise quite a shock to a lot of people here is in markets did fall friday today tokyo seoul and sydney

all picked up on the mountings idea of what's happening over in the united states and in european countries regarding the euro zone a lot of this has to do with as you mentioned before the news that came from work at the morgan stanley bank that the united states in the euro zone or that europe could be facing a double dip recession and we're seeing that anxiety sort of ripple over here in addition to that there's been a bunch of bad economic data coming out of the west u.s. jobless claims and a growing doubt that these european countries are really going to be able to handle what's happening with the eurozone you know asia obviously is very interested in what's going on in the west they hold three trillion dollars of united states debt so when things aren't going very well over there they're watching very closely so this isn't the news that obviously the economists here were hoping for but it is indeed what's happening the markets are falling and everyone's going to watch very closely to see what happens next horrible thank you very much for that update

keeping an eye on that for us our correspondent proofreader. now social networks have played a pivotal role in the revolutions witness so far this year so much so have the u.s. has thrown its weight and dollars behind what it's calling the democratic instruments to improve the world but critics say washington is motivated not by people's freedom but i desire for greater control as r.t. scaling for reports. when a wave of revolution crashed over the middle east this spring. many said what ended in the streets began with one hundred forty characters or less on social media like twitter and facebook. nothing to harness the power of communication the u.s. state department is providing two million dollars in grants for a quote internet in a suitcase program it's part of would secretary clinton calls a venture capitalists approach to addressing the wide range of challenges to

democracy and human rights activists face in internet repressive environments around the world centralized servers like this one can easily be cut by governments but the internet in a suitcase is the sign to give dissidents a mobile web with mesh technology that runs their cell phones and other devices making it harder to cut the founder of his own clearinghouse of confidential documents john young worries that american suitcase servers will serve another purpose the suitcase is meant to give the illusion that you couldn't run usual economy devices without going through national systems and that may be true but they will not be outside the u.s. system young says the suitcase is just part of so-called liberation technology that has its advantages for the u.s. prosecuted for being in power for you know to watch what you're doing and probably influence what you're doing and it isn't just governments according to the hackers collective anonymous which released seventy thousand classified e-mails from

defense contractor h.p. gary federal about the romas coin program. from a cohen surveillance project you have this you have. zero through a single you know national intelligence agent brown says romas claim is partly designed to manipulate social media one of the more bizarre and dangerous. that would come to light we. saw a man. that you thought were single person can pretend to be there were other people who were not this software would allow the u.s. military to push their agenda by flooding social media with other say there's a contradiction between support for internet freedom abroad and subpoenas alleging wiki leaks collaborators at home including private bradley manning in san francisco police cut cell phone services on the metro during protests those who we all san francisco city government open to charges of hypocrisy and you can imagine now they're. saying well you know you look at the united states there's

a two in following riots in london there is talk of shutting down social media we are working with the police the intelligence services and industry to look at whether it would be right to stop people communicating via these websites and services when we know they are plotting violence disorder and criminality. the u.s. will spend seventy million dollars on internet circumvention technology in two thousand and eleven abroad even as tough questions remain at home. or to our t. washington d.c. and still ahead for you this hour a jaws attack in russian waters a second swimmer is mauled by a great white shark after a young man lost his four i'm saying some more attacks that stunned the country. and all eyes are on moscow skies with the best interest of the city's international air show enjoy the stunning tropes of russia all battle experts are to bring to you all the highlights of the effect. on august nineteenth twenty years ago

muscovites had tanks rolling past or windows as. state of emergency was imposed a group of hardline communist officials attempted to seize power to prevent reforms that eventually led to the breakup of the soviet union. and reports despite the dramatic events unfolding in the capital many were being kept in the dark. if you turned on your t.v. set in moscow on the morning of the nineteenth of all this one nine hundred ninety one this is what you would have seen tchaikovsky's swan lake. why are so many muscovites because on the streets this is what was really happening. there was confusion and panic even among the tent crews themselves martin with a coup order to march towards moscow i thought i'd figured out when i get there as we weren't given any information as to what was happening. soviet leader mikhail gorbachev had been shot in his holiday home in the crimea

a state committee in the state of emergency declared itself the charge it was made up of high ranking communist party officials including the head of the k.g.b. gorbachev's vice president and the defense minister they were terrified that gorbachev's democratic reforms and the union treaty due to be signed on the twentieth of august would give so much power away from the center to the soviet republics it would destroy the soviet union. but it was an act of treason on the part of gorbachev and yes in a list circle out right treason they were going to ruin our country left. in a press conference later that day they said that gorbachev was ill and that they would take over in his absence but their show wasn't convincing on the nineteenth of august vice president kennedy and naive on the other members of the emergency committee sat in this very spot and want to since become my offices as he delivered

his statement the assembled journalists noticed that his hands were shaking then one twenty four year old journalist blew his official words right out of the water . got a bottle of the tell me do you realize that you've conducted a critical they look pretty on. very convincing and. just got mad meanwhile on the streets the russian sea cream soviet building the white house but because the center of resistance to the coup boris yeltsin the president of the russian part of the u.s.s.r. had convinced some of the tank koreans just switch sides people flocked to join him and did nothing to prove the chops returned. yeltsin tells you that both of you as of in your command a trait is an enemy's who's always will you have be as night fell on the twentieth

of august the curfew ordered by the coogan rises raised fears of an assault on the white house when armored vehicles began moving through the rotunda night protesters disillusioned with the communist party rose up to defend their hopes of democracy. of kamaz son dimitriy was killed in one with police and out onto the road where his friendly demetra had to drag him away with the long machine rodela my sons had and killed lead to marriage while. the coup had failed and what's more it destroyed trust in the communist party which was then back russia and november ninety ninety one by the end of the year the very system they sought to keep alive the soviet union had ceased to exist botton. well follow those three days in august nine hundred ninety one a step by step in our special report coming up in just fifteen minutes time meanwhile there's more on the a fallout from the attempted coup on our website that

started dot com well there are those who still feel the fall of the soviet union was a disaster as russia's communist party believes organizers were like the attempt to save the empire. and others aren't even aware of the u.s.s.r. is gone thinking it's still a threat to the west at least that's what republican presidential candidate michele bachmann believes or find out why and are to. have a killing machine has a date at russian waters two men have so far fallen victim to a draws attacking the country's far east patrol boats are sweeping the area on the lookout for the a prehistoric monster while local authorities are promised over three thousand dollars to the person who can catch the creature from the deep. explores the dangers. nothing like this has ever happened here before russia has never seen a shark attack let alone two in two days this sixteen year old boy was diving one

hundred meters off shore when it appeared the young man's wet suit served just protection and saved him from death but both his legs were severely wounded. a shock. but it was something to do. a first date. only a day earlier a twenty five year old man lost his forearms trying to defend his wife when the couple was saved witnesses was shocked at what they saw but i would ask him what if it was really scary a country been described that the man's hands were chewed off and the boat was full of blood but your marks were all over his body doctors say they'd seen people off the bed and tiger attacks but this is the first time they've dealt with shocks some of the victim does recall finding the show he saw a big fish with fins about two metres long he fought in the sea and says it dragged him to the ocean floor twice. the attacks happened in the far east in print more

your region that shares a border with north korea it is known for its beaches and clear water and swimming here has always been safe dangerous sharks don't usually go that far north in the sea of japan scientists believe the predator was a white shark a man eater and all trying to work out what it was doing here. this type of show it really comes to our waters is a species that lives in tropical and subtropical waters of the ocean but with global warming they're now starting to move more and more to the north i don't roughly three hundred sixty species of sharks just over thirty are known to be dangerous to humans the rest are either too small only pretty deep but most experts agree that any shock with sharp enough teeth and longer than one point two metres can cause serious injuries especially if there's food of blood in the water how ever the majority of shark experts also agree that the danger from sharks is often

exaggerated there are even those who defend the predators saying people themselves are to blame for unwanted visits just work humans have fished out the sharks food supply and lure them in by throwing leftovers overboard but statistics show that fewer than one person per year on average is killed by a shark worldwide but in response we humans killed more than one hundred million sharks every year. and while scientists are looking for the reasons for these recent attacks the swimming season in the area is over at least for the time being . r.t. moscow. well now let's have a look at some other world news in brief twin explosions have hit the afghan capital near a compound run by the british government at least three people were killed after a suicide bomber detonated a car laden with explosives in kabul gunfire was heard at the scene and witnesses said that smoke was rising from the area officials say the british council was

a target of the attacks and to tell about claimed responsibility. that israel's military says five rockets fired by militants from gaza have landed in the south of the country it comes after the jewish state carried out airstrikes over the strip following a series of deadly attacks six gazans were reportedly killed including a child while a dozen were said to be. earlier israeli officials promised a strong response after assaults and vehicles near egypt's border left seven dead and blame was pointed at gaza militants although the hamas government denied their involvement. international pressure continues to mount on the syrian government the u.s. and major new states urging president assad to step down a set of fresh economic sanctions have also been imposed by washington in what is the biggest response so far to the bar that crackdown on anti-government protesters meanwhile a u.n. humanitarian team is due in damascus on saturday to assess the situation on the

ground syria claims army operations against protesters have ended. rights groups say more than two thousand people have been killed since demonstrations began in march. now a tsunami warning has been issued in japan after a strong earthquake rocked the northeast of the country it was measured at six point nine on the richter scale and struck in the early morning hours of friday morning waves of up to half a meter are expected to hit the fukushima nuclear power plant already crippled by a major quake and tsunami in march. now the skies around moscow have been even busier than usual this week with a max international air show seen flying machines performing all kinds of gravity defying stunts and r.t. is there for you.

and you're keeping an eye on what's happening at macside there you go or so at last the public get their chance to get up close to the aviation industry what's in store for today show. while the show is continuing here at the march two thousand and eleven if during the first few days the air show was open primarily to official delegations and businesses inking out those billion dollar contracts with some big names of civil and military aircraft producers from russia and across the world on friday the doors off the air show are open for everybody the weather has cooled down compared to the last few days there were some clouds early in the morning but now they're all gone and all skies are all and all eyes are on the skies there's a great show in store and lots of interesting things to see for everybody like the latest air bus a three eighty jumbo jet or russia's leader super jet one hundred or

the t u one sixty s bomber also known as the white swan some spectacular stunning performances by aerobatic teams both from russia and from across the world war two seen some really impressive performances by russian knights swifts and falcons we're expecting more from them and the others there's also quite an impressive exit mission of military and civil helicopters here at the air show this year as well for those voters and their pilots have been showing off their skills flying skills in the skies as well we're also expecting more from them i have to tell you this is not the first air show for me personally but it is as impressive every time you watch it. as the first time you see it this year probably the biggest highlight is

a russia's top secret stealth fighter jet the teeth fifty vassal also present here at the air show not many people are allowed near it even but artie's found out why this plane is of such strategic importance. many have heard about it but until now only a select few had seen it with their own eyes to add asian fans the t fifty is known as pack this is it is still being developed so most of its technical specifications are top secret inside the skull says we can't get to the real thing is this model right here but during the next airshow visitors get it sure we can you chose to see the judge in flight the first ever public display for talks but the jet is being developed by the superior design bureau under the watchful eyes of the united aircraft corporation and the entire project is shrouded in mystery in fact representatives of the corporation say the project is so secret they can't even

talk on camera about it so it doesn't give us the united states and russia are the only two countries in the world the technologically potential to implement a large scale national project for the development of a fifth generation jet fighter the fight of russia's demonstrating tumultuous at this year's max air show is strong evidence that russian navy is in a very good state the jets will reportedly be able to carry out combat duty in any weather at any time of day will feature a special coating which will make it less noticeable to and to aircraft raiders and will be able to cruise at supersonic speed but most of the guesswork boils down to this when highly developed the russian fifth generation fighter will give the american after twenty two and f. thirty five or. a run for their money in terms of stealth capabilities maneuverability and cost smarter than us that at this being

a new generation fighter it's much more comfortable to fly everything was designed with safety in mind it has thrust vectoring engine nozzles so it fly safely at low near zero speeds it's safe even when a fly still first up the data environment in a cockpit is also news the fighter provides intelligence support to the pilots or that the jets are supposed to be fully developed by two thousand and fifteen it's hoped orders for roughly six hundred jets will follow with one third of that number going to russian air force but until the final touches to the project are made the only chance to see the hope and pride of russian aviation is a max air show in the ghost carty ship called ski oskar region. hands on. close up. approach. shape future flight.

marketing types to the max air show. the business update is next to have marina. hello and welcome to business here on our top story of course are the global markets which plunged into another round of volatility with fears of an underlying double dip the sentiments were spurred by a bouquet of negative data from europe and the u.s. the dow jones lost three point seven percent while the nest that close over five percent in the red on thursday meaning law a asia is taken the baton of concern let's take a look at the markets indeed so we'll start with the asian bourses which are meeting heavy losses following a sharp sell off and lead to us exporters are among the worst performers on the nikkei with canon down two point six percent and citizen over four percent in the riot and carmakers are no exception they're shutting around three percent this hour

meanwhile energy stocks are the ones being hit hardest in hong kong with petro china down around four percent it's here in moscow the arts yes has opened and it's trading in negative territory extended there is there's also this setting more than two percent this hour my sex will open shortly both markets nosedive yesterday with energy and financial stocks suffering the biggest losses let's take a look at oil prices they continue to fall after an almost six percent decline on thursday concerns about global economic recovery are still bueno include bought the weaker dollar is given some supports the w c i is that around eighty dollars per barrel while blind as trading at one hundred and six dollars and a quick look at precious metals gold is trading at a new record high level as uncertainty about the global economy is pushing investors back to save havens this fall the prices now at above one thousand eight

hundred and forty dollars per ounce and silver is also off its trading just below forty one dollars per ounce. while global indexes consume your marchin and so the red investors are looking for any positive information to change the sentiments gustavo back at the me from r.b.c. capital markets says there is still not much to impact the mood. it is august a lot of people are on holiday and you know they're due just aren't big events in the calendar where you can see a significant shift we get a little bit of economic data next week we have the p.m.i. is in for four august which will give us a sense as to whether the slowdown will be more protracted into q three or not we also get the jackson hole conference on friday where we could see some noises out of the fed as to whether q e three is going to become a reality or not and while fears of a dreaded double dip are once again vising in the markets you get us the list of all it from village to bank says russia is in a better position to withstand

a recession than it wasn't two thousand and. the comparison in favor of today is with regard to corporate balance sheets and the micro level of individual enterprises i think we're seeing a better picture in terms of less currency risk a less currency mismatches. less leverage less debt. that is accumulated. especially if we're talking about short term debt. but at the same time if you take the sovereign level if you take a country level so to say. we do see that the level of fiscal reserves the level of four extra reserves is somewhat lower compared to two thousand and eight. and that's how business looks the sour the headlines are next what's by for now.

the big. deal. to urge the biggest subsists in the band

to the be. the big . wealthy british style it's not. and let's. start. with the. markets why not. find out what's really happening to the global economy in the report on our.

welcome back now here's a recap of the main stories we're covering today on r.t.e. the world's financial markets are convulse why a fresh wave of selling it for fear of the world economy is declining experts put a bleak forecast on american and european growth saying both are dangerously close to recession. and the u.s. russia still harnessed for an internet services thought to have played a pivotal role in the arab uprisings but critics say while spending millions to promote online from abroad washington is out to game more console over events through the web. russia remembers the attempted coup twenty years ago that precipitated the breakup of the soviet union and ushered in a new.