a. large gulf or idea of the markets here of be installed plummets again a lot of sharp falls the nature of the new fears of old world recession. russia cautions against international calls for change in syria saying president al assad needs time to implement promised changes its. last it's twenty years to the days since an attempted coup by a group of pod like communists against mikhail gorbachev helped bring about the end of the soviet union. and swimmers in russia isn't far east on gripped by terror are people with savaged by sharks in today's attacks that have never been seen

before and that we each of. them very welcome this is ours he live from moscow strongest in europe have plummeted sharply after a similar falls in asia investors are growing more anxious about the european financial situation and its leaders ability to resolve the debt crisis and as crucial reports this all comes amid new fears that the world economy may be on the verge of another recession. you're picking up where the us left off which is the there's a deadly cocktail of ingredients poisoning investors at the moment not only is america releasing toxic figures on unemployment housing and so on yesterday was the worst day for the footsie one of the world's biggest stock markets over in london

in two and a half years on fears that the world will slumped into recession taught by morgan stanley has slashed its forecast for growth for the world economy a worrying sign there and asia is not being left out of this asian markets are also now there's a saying when the us. needs the rest of the world catches a cold and that's particularly true of asia which is export driven countries like china and india rely on the west to boy its products its computers its toys and so on so you understand why the whole world is suffering at the moment this week's summit really raises more questions than it owns the to single financial government for the. people of europe say they don't want to it's in opinion polls that which raises real questions about the democracy of leaders just how democratic european leaders it also doesn't point to the real enemy which is that many countries have too much debt and their economies on competitive here in europe it really doesn't

have to those issues and these terms like the way which they have to say for. example i think we can safely perceive that daniel was choking back down here for sure of course saying our eye on that situation well they may. also look any better is the stock so they're closed in the red the deputy director of the center for international monetary we said please asia should safeguard itself from exposure to the troubles in the u.s. and the usa. i think all these emotions of pentagon and i'm certain it will last for a while i've been all people already involved the circuit the deed all circling the recession all for us are you calling me. a japanese i say you are being called me and you call me because china on the yosh encounters a peculiar day in the korea china area or we each has become of very important economical jong and because of. dependence of all these economies on chinese fossil it goes so i think in the future asian countries we all coordinate on the

coordinates of a very close state to a safeguards there you colonies and then there you rest them in the from outside to show a competitor from the show a call from you or. a us the chinese also if you don't want to make these economies much more independence so i think in the near future you will say though so maybe you'll step we'll take a bite of beijing also is to be old it is oh you called me on to try to strengthen cooperation between china and the yosh and countries. now it's twenty years ago to the. communist hard line and staged a coup so. then president of the soviet union the baltic failed to topple the government it's widely seen as a pivotal find to a new us and. takes and now it how it changed the course of soviet history.

if you turned on your t.v. set in moscow on the morning of the nineteenth of all this 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. who ordered 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 with your soviet leader mikhail gorbachev had been shot in his holiday home in the crimea a state committee on the state of emergency declared itself in charge it was made up of high ranking communist party officials including the head of the k.g.b. . president and the defense minister they were terrified because the top stenographic 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 good but you're financing and this circle out right treason they were going to ruin our country. 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 by president kennedy and naive on the other members of the emergency committee sat in this very spot and water 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 . bottle tell me do you realize that you've conducted according to time a local problem. very convincing and. just

mad. meanwhile on the streets the russian supremes soviet building the white house had become 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 chremes just switch sides people flocked to join him and demand a group of shots return. if yeltsin killed it it was the yard of your commander traitors and enemies who always will you have be as night fell on the twentieth of august the curfew ordered by the cool denies is raised fears of an assault on the white house when armored vehicles began moving through a tunnel of night protesters disillusioned with the communist party rose up to defend their hopes of democracy. of kamar son dimitriy was killed in one ripple effect and out onto the road where his friend le didn't try to drag him away i want

a machine route out of 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 bam russia in november ninety ninety one by the end of the year the very system they sought to people live the soviet union had ceased to exist tom watson r.t. . russia has refused to back the call made by the u.s. and the e.u. urging syria's leader to step down in the wake of the violent crackdown on protesters who believes president assad should be given time to implement promised reforms and the country should be left alone to figure out its political future let's get more analysis done across lives. he writes the cold remarks fog specializing on the middle east maybe that's of being with us here mr sharon now russia is taking a strong stand against the course of the west for us to step down what kind of

international reaction do you think we could expect to moscow stance. well first of all let me put a bit of context for this because we need to understand very of dynamics in what's happening in syria and i just want to say very briefly that what we're looking at here is almost a balance of power between a very legitimate. uprising and president struggling to preserve his regime. this kind of. international response would play out and that obviously depends on your relationship either of the parties but what we're seeing here on one side is the u.s. and the west in general and i think in an attempt to. respond to this feeling that something must be done which is based on the assumption that the west has the more authority and the power to police the world and thurman who is right and wrong

as a ruler. and that's i but i find it's very problematic because it's dramatic and other hand i think in terms of russia's position if you really do you stand aside and let the syrian people decide it's not a case of the russians asking for more time for president assad the implementer of crimes because let's look at the history and he said eleven years ago and remember refunds and that hasn't happened so i think both sides to actually step aside and say let the dynamics on the ground let the syrian people decide for themselves what they want to do and that's very crucial and of course there is always a time for both sides also their response is russia's preparing to send its own delegation to syria to evaluate the situation on the ground do you think that we could see the kremlin perhaps change its mind after that trade craft are assessing what's actually happening in syria. i think probably by now i've seen enough evidence on the ground to realize that there's quite

a violent crackdown but i think that's in itself is not really the issue although it might sound a little bit cold hard to because we're dealing across our countries with very repressive regimes and what about repression takes the form of bloody confrontations with people called for and over the years i've asked them for cheers and i repeat across the board then that's another case what you need to quit is over here is why. but or thirty three to say no now you see that the line you need to start i think again to reinforce i'm here arguing from a principled position but you have to lead. in a kind of forum of. popular democracy which is not about elections but about action and campaigning and convincing people to switch sides allow these dynamics to play out now obviously russia has its own calculations but my sense is it's

been sort of increasingly feeling exasperated by president assad and his regime. they're kind of continuing violence. for the most gracious so the u.n. though is also preparing a mission into the country what do you think that they're actually hoping to achieve there. well i think we've seen a report recently that talks about some of the veil asians there and document. they will ultimately looking for be looking for evidence to kind of overcome this barrier that we've gotten accustomed to that there is not independent reporting from the ground. but not the kind of sound too much of a fringe voice but i don't see about the you and does have this international legitimacy that we talk about constantly because ultimately it's a club of superpowers doesn't necessarily represent the will of the people in every

situation so while some people might be excited and feel this is the world actually doing something hifi it ultimately as we have seen in many situations in the past and let's not forget the un resolutions have been used as a mechanism for foreign intervention but this might be a step towards complicating the situation for a while emphasizing down firmly on the side of the syrian people so i'm not saying let's leave them to go on devices of kind of negligence so. to what extent then d. believe outside influences should become involved in what's happening in syria you yourself have expressed the balance of which processes there are being cranked down so in what way do you believe that. the u.s. and the e.u. should be involved in this crisis or should they simply take a backseat in and let the syrians take control of the situations themselves

entirely. well ultimately that's the idea but of course international politics doesn't work this way and chris sort of expecting them just suddenly be of the west or russia or the united nations to become. completely moral agents that are looking at this situation in a very new to fashion and then deciding what's right and is wrong that's quite a naive view because they've been involved in this situation for decades on either side propping up resumes where it's their interest in a sense what i'm trying to say is let's give and we've seen across the arab countries very very positive signs of popular uprising and let's give let's give the people for once the chance to get to decide for themselves fully knowing that any intervention is either driven by a very narrow interest or more problematic as we're seeing with the west now is this loss of control over. the shape events in the middle east which has been

very important parts for u.s. policy for a long time and that's not so it's going through in many festing and in a confusion and inability to kind of come up with a clear policy while at the same time trying to continue this message and posturing but we cannot ultimately decide. who is legitimate and who's not and i and i highly question that i think it's overcompensating for a lot of weakness and for a lot of mistakes in the past ok sorry all three of the. thoughts thank you. now with r.t. still to come like a sky is the limit at the international asho mosque a. stunning performances by aerobatics teams from across the world war zone aircraft mortars all this mean in the months two thousand eleven has opened its doors to the public. board leader in the program. and there's harlow on the beaches of branches he says the hunt began for the shark. but

more to young men in the space of just today it's. because the move world news in brief you now at least forty people have been killed and over a hundred were injured when a bomb exploded at a mosque in northwest pakistan with this is a report a teenage boy detonating a device during traditional friday prayers many of the injured are in a serious condition and no group has admitted responsibility yet but it's not about an al qaeda militants are active in the region. twin suicide blasts of rock the afghan capital kabul close to a compound run by the british government the explosions that all of our five hour long gun battle between security forces and insurgents with at least ten people killed the taliban which is going to sponsibility full of the attack says it not the anniversary of afghanistan's independence from the u.k. president one hundred cars i made a mention of the attacks during events to mark the anniversary urging his people to

unite and move the country towards a better future. israeli military says rockets launched by palestinian militants who hit southern israel injuring several people the attacks were response to the latest airstrikes carried out by israel over the gaza strip which reportedly left seven people dead including a senior militant leader israel targeting sites used by the palestinian popular resistance committee which they blame for a recent attack that killed eight israelis although the p.r.c. has denied any involvement. and no play music that's one of belters been canceled after tuesday just collapsed during a heavy storm five people died in nearly a hundred and fourteen were injured big stream weather also toppled trees and brought down giant screens at the venue causing panic among a sixty thousand concert goers it follows a similar accident at another outdoor festival in the u.s.

last week part of the stage collapse at the indiana state fair that they also killing five people. now the classic horror movie jaws has become a reality in russia's far east which has been terrorized by a marine predator a cash rewards been offered by the local authorities for the capture of the shark that savaged two people artie's diapers a vets health the stories of the victims who are lucky to be alive. but nothing like this has ever happened 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 wetsuit service protection and saved him from death but both his legs were severely wounded. who cry held help and shot. but it was dried out so some guys went on to use the

energy first the. only the elliott twenty five year old man lost his forearms trying to defend his wife when the couple was saved witnesses were shocked at what they saw. it was really scary a country even describe it the man's hands when chewed off and the boat was full of blood. the attacks happened in the far eastern primordial 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 are trying to work out what it was doing here. it's a species that lives in trouble in subtropical waters of the ocean but with global warming starting to move more and more to the other roughly three hundred sixty species of sharks just over thirty are known to be the interest of humans the rest

are either too small believed to dig but most experts agree that any shark 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 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 kerry r t moscow. moscow biennial international there shaken to news to saw opening its doors to power the new spectators on friday some of the most spectacular aerobatic displays are still ahead at math twenty eleven before the show closes on sunday and it's not just about entertainment many major contracts are being signed as well gotta cannot is there for a. there are sounds of jet engines and propellers in the skies and scores of various

aircraft on the ground so what does all this mean the must two thousand and seven air show has opened its doors to the public the previous couple of days it was primarily open to official and business delegations inking out those billion dollar contracts with some big names of civil and military aircraft producers from all over the world but now everyone can enjoy these machines in their own eyes right here at the marks two thousand and eleven there's a lots in store for everyone to watch here at the air show we've already seen some stunning performances by the russian mates swifts and falcons we're expecting more from them there's also a great variety of various helicopters for those heavy lowers out there including this the fifty two alligator one of the latest built here in russia this is really a true green mean war machine if you notice it has

a unique actual rotor system which gives it extreme maneuverability that is definitely going to be one of the biggest violates air show seeing this machine out there in the skies with the pilots showing off their skills but probably the biggest highlight of this year's mox air show is deal latest russia's top secret self fighter jet called means the t fifty and our team is going to go to school found out why this plane is there such strategic importance many have heard about it until now only a select few had seen it with their own eyes to admission pounds fifty fifty is known as cock this if he is still being developed so most of his technical specifications are top secret in fact as close as we can. get to the real thing is this model right here but during the next air show visitors get it sure we can eat just to see the jets in flight the first ever got the display for god but the jet

is being developed by the sukhoi 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 never got the united states and russia are the only two countries in the world that have the technological potential to implement a large scale national project for the development of a fifth generation jet fighter if i could russia is demonstrating two models at this year's max air show is strong evidence that russian evasion is in a very good state because 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 anti aircraft raiders and will be able to cruise at supersonic speed but most of the guesswork boils down to

this when fully developed the russian fifth generation fighter will give the american after twenty two and f. thirty five a run for their money in terms of stealth capabilities maneuverability and cost smarter than yours that of 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 would fly safely at low near zero speeds it's safe even want to fly still first the data environment in the cockpit is also new the fighter provides intelligence support to the pilots on board of 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 the max air show it in the nose carty kickoff ski moscow region. well our reporters are on the

ground of the on going international and show in the mask a region stay with r.t. for full coverage of max twenty eleven as we track the business an aerobatic side of the about all three of the we. approach. the future. or to take to the air show. just ahead count out with the latest from the world of sport before bank arenas got the business we. heard about and to our business update the south thanks for joining me now we start with the markets which plunged into another round of volatility with fears of an underlying double dip sentiment was spurred by

a bouquet of negative data from europe and the us the russian forces are no exception they are extending losses from the previous session and peter weston from exxon says the r.t.s. on the rise it's just following the global trend. it's the same as we're seeing on a global scale it's really a market that is now driven by fear because of the increasing concern that a state of the global another global recession took a real hold on the markets yesterday and what clients are trying to do is to try to figure out where we go from here because there's so many on certain factors right now to some extent you can argue that the current situation is actually more per korea's that it was in two thousand and seven given that policymakers are running out of options china has their own problems in trying to sort of cool down their economy and then you have different policy options in europe and the u.s. u.s. is probably going to try and stimulate where europe is where there's a lot of other certain interest on top of that i think you know looking forward i

mean if you look at what's going to happen in europe over the next couple of months you're going to have about four hundred fifty billion euros to be paid. by you or some countries by the before the end of the year two hundred fifty billion of those come due in september and october so i think for those two months we're going to continue seeing responsibility the good news i would say though is that we don't see the same kind of panic selling that we saw in two thousand and eight. thousand look at the markets europe is tracking losses in asia they're making a bit of a comeback this hour plus he's a little over a one percent i think i can actually to a half percent this out of the dax is down four percent peaceful billiton is declining two point three percent or so after putting investments to expand a coal mine along here. here in moscow the markets are seeing a comeback as well but still trading in negative territory extending thursday's losses by six down two point three percent at one half percent of the test setting two point three percent here is the snapshot of the market movers on the my sex and

the majors among the worst performers of the past one down four percent to one banking stocks are also under pressure with roles where bank and bt been losing almost six percent. oil prices a bomb. coming up after an almost six percent decline on thursday concerns about global economic recovery away on cooling however the weak dollar is giving some support like sweetest trading at eighty two dollars a pound while france is up almost one hundred and eight dollars a pop. and a quick look at precious metals gold is trading at a new record high level as uncertainty about the global economy it's pushing investors back to state havens the stock price is now at a ball for one thousand eight hundred sixty dollars per ounce and silver is also it's gaining over three percent. so business news for nothing more stories of connect at all the website i t dot com thanks so much. wealthier

british soil it's sometimes a matter. of the. market. come to find out what's really happening to the global economy for a no holds barred look at the global financial headline used to mean to cause a report on our.