a very warm welcome this is r.t. live from moscow stong so 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 artie's daniel bushell 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 on thursday which is the there's a deadly cocktail of ingredients poisoning investors at the moment not only is america releasing toxic figures on employment 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 slump into recession taught by morgan stanley has slashed its for cost for growth for the world economy

a worrying saw in there and asia is not being left out of this asian markets are also now there's a saying when the us. sneezes 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 product its computers its toys and so on so you understand why the whole world is suffering at the moment so this week's summit really raised more questions than it. was to single financial government for the european union but the people of europe say they don't want to it's an opinion polls which raises real questions about the democracy of leaders just how democratic european leaders all it also doesn't point to the real enemy which is that many countries have too much that their economy is on competitive here in europe it really doesn't have to have those issues and it's times like this when they may wish they had a safer job presenting news for example. i think we can safely perceive that daniel

was joking back down you're saying. that situation well then they said the picture doesn't look any better is the stock so they're closed in the red the deputy director of the center for international monetary research believes asia should safeguard itself from exposure to the troubles in the us and the usa. i think all these emotions of pentagon sort of it will last for a while people. of the circuit the deed all circling the recession all for us are you calling me. japanese i'm a european calling me an economical cooperation getting china on the yosh and contrary supposed to could i in the korea china area are we to has become of her important economic good zone and because of dependence of all these ecologists on chinese girls so i think in the future asian countries we all coordinates on the call very very close today to a safeguards there you call it is i'm going there you rest i'm in the from outside

to show a competitor from the show from you or. a us chinese also into wants to make me much more independent so i think in the near future you will say though so maybe you'll step will be taken by beijing all story is to be able to show you call me on to try to strengthen cooperation between china and the yosh and countries now it's twenty years ago to the day to call me names hotline and staged a coup. then president of the soviet union but while the coup failed to topple the government it's widely seen as a pivotal find two in the u.s. as well as that. takes and now and 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 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 with 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. 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. jobs 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 good but your finance in in this circle outright 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 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 tell me do you realize that you've conducted a credit card they look pretty. very convincing and. just got 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 crews to switch sides people flocked to join him and demand office return. if yeltsin tells you that both the yeahs of your command a trait is an enemy's whose 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 the night protesters disillusioned with the communist party rose up to defend their hopes of democracy. of kamaz son dimitriy was killed one would believe an out onto the road where his friend legitimate tried to drag him away while the machine rode out with my sons had and killed lead to mary's wow. the coup had failed and what's more it destroyed trust in the communist party which was then

banned russia in november one nine hundred ninety one by the end of the year the very system they sought to keep alive the soviet union had ceased to exist dumbarton 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 protestors moscow 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 down cross live to cairo he writes the column remarks specializing on the middle east many things have being with us here mr sharon now russia is taking a strong stand against the course of the west for our son to step down what kind of international reaction do you think we could expect to moscow's stance. well first of all let me put the bit of context for this because we need to understand the

real 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 popular uprising and president struggling to preserve his regime . this will kind of outline how the international response will play out and that obviously depends on your relationship to 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 moral authority and the power to police the world and determine who is right and wrong as a ruler. and that's i that i find is very problematic so the call itself is dramatic on the other hand i think in terms of russia's position if you really want

to 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 to implementing reforms because let's look at the history and he's had eleven years to implement the reforms and that hasn't happened so i think both sides should 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 you alter their responses 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 on after that trip after assessing what's actually happening in syria. i think it probably by now has seen enough evidence on the ground to realize that there is 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 whether that repression takes the form of bloody confrontations with people or a cold formed over years of tortures and i repeat across the arab world and that's another case what you need to quit over here is why would the kremlin then have the authority to say no no you've stepped the line and you need to stop i think again to reinforce i'm here arguing from a principled position that 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 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 oppression for the most rationed so

the u.n. though is also preparing a mission into the country what do you think that they're actually hoping to achieve once there they're. well i think we've seen a report recently that talks about some of the very latest there and documenting them and they were ultimately looking for be looking for evidence to kind of overcome this barrier that we've been accustomed to that there is not independent reporting from the ground. but not to kind of sound too much of a fringe voice but i don't know. do you and does have this international legitimacy that we talk about constantly because ultimately it's a club of superpowers and it doesn't necessarily represent the will of power in the 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 that the un resolutions have been used as a mechanism for foreign intervention that this might be a step towards complicating the situation further while emphasizing that i'm firmly on the side of the syrian people so i'm not saying let's leave them to their own devices of kind of negligence so. to what extent then d. believe that outside influences ship become involved in what's happening in syria you yourself have expressed the volunteers which protest is there being cracked down so in what way do you believe that when then the u.s. and the e.u. should be involved in this crisis or should they simply take a backseat and let the syrians take control of the situations themselves entirely. well ultimately that's the ideal but of course international politics doesn't work this way and for sort of expecting them just suddenly be had the west or russia or

the united nations to become. completely moral agents that are looking at this situation in a very nuclear fashion and then deciding what's right and is wrong that's quite an a view because they've been involved in this situation for decades on either side propping up regimes where it fits 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 this popular uprising and let's give let's give the people for once the chance to decide for themselves fully knowing that any intervention is either driven by a very narrow interest or more problematically as we're seeing with the west now is this loss of control over. ability to shape events in the middle east which is been very important parts for u.s. policy for a long time and that loss was going through in many festing and in the confusion and inability to kind of come up with clear policies while at the same time trying

to continue this message and posturing that 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 call sorry all three of the blog thank you feel thoughts thank you. now with a hearty still to come why the sky is the limit at the international air show near moscow. studying performances by aerobatics teams from across the world for aircraft what is all this mean remarks of belgian eleven has opened its doors to the public. leader in the program. and there's harlow on the beaches of russia's far east as the hunt begins for the shark mauled two young men in the space of just a few days. to some move world news in brief you now at least forty people

have been killed and over one hundred were injured when a bomb exploded at a mosque in northwest pakistan witnesses report a teenage boy detonating a device during traditional friday prayers many of the injured all in a serious condition no group has admitted responsibility yet but the taliban and al-qaeda militants are active in the. twin suicide blasts of iraq the afghan capital kabul close to a compound run by the british government the explosions set off a five hour long gun battle between security forces and insurgents with at least ten people killed the taliban which is going to sponsibility for the attack says it mark the anniversary of afghanistan's independence from the u.k. president hamid karzai made a mention of the attacks during events to mark that. his people to unite and move the country towards a better future. the israeli military says rockets launched by palestinian

militants who hit southern israel injuring several people the attacks were a response to the latest strides 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. i know but their music festival a belt has been canceled after tuesday just collapsed during a heavy storm five people died in the one hundred and forty were injured the extreme 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 on saturday also killing five people. of

a 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 gave her tells the stories of the victims who are lucky to be alive. 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 us protection and saved him from death but both his legs were severely wounded. but it was died out so some guys went out on to do. and gave 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 were shocked at what they saw but i would ask if it was

really scary a country even describe it the man's hands were 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. this type of show it really comes to. species that lives in tropical subtropical waters of the ocean but with global warming starting to move more and more to the law out of roughly three hundred sixty species of sharks just over thirty are known to be dangerous to humans the rest are either too small on live t v but most experts agree that any shark with shopping of teeth and longer than one point two metres can cause serious

injuries especially if there's food 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 dairy r.t. moscow. moscow biennial international lash a continues to saw opening its doors to thousands of new spectators on friday some of the most spectacular aerobatic displays are still ahead of max twenty eleven before the show closes on sunday and it's not just about entertainment many major contracts are being signed as well god cannot is there for us. there are sounds of jet engines on propellers in the skies and scores of various aircraft on the ground so what does all this mean the must two thousand and eleven 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 with their own eyes right here at the mox 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 russia knights 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 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. rotor system which gives it extreme maneuverability that is definitely going to be one of the biggest violates the air show seen 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 the code named the t fifty and r t's even though school found out why this plane is all such strategic importance many have heard about it but until now only a select few had seen it with their own eyes two of the nation fans the t. fifty is known as pac this is if he is still being developed seven also 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 get a chance to see the judge in flight the first ever public display for pot 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 doesn't give us 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 in the fight of russia is demonstrating two models at this year's max air show is strong evidence that russian navy ship is in a very good state has 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 traders 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

smothered 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 so it fly safely at low near zero speeds it's safe even when a fly still first up the data environment in the cockpit is also 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 the max air show in those carty ski oscar region. well our reporters are on the ground of the on going international asho in the mosque a region stay with elsie for full coverage of monks twenty eleven as we china the business an aerobatic side of the about all through the weekend.

for a. future flight. or to take to the air show. just ahead count out with the latest from the world of sport before about kareena got the business news for you. care about them to our business update the south thanks for joining me and we start with the markets which plunged into another round of volatility with fears of an underlying double dip the 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. in the my six just following the global trend. it's the same as you're seeing on a global scale it's really a market that is now driven by fear. 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 the current situation is actually more put korea's thought 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. the u.s. is probably going to try and stimulate where's europe where there is a lot about the service was on top of that i think you know that 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 in debt by euro zone 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 to see increased volatility 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. now as i look at the markets europe is tracking losses in asia but they're making a bit of a comeback this hour plus he's a little over a one percent i checked actually two and a half percent this out of the dax is down four percent basically bulletin is declining two point three percent after putting investments to expand a coal mine in colombia. and here in moscow the markets are seeing a comeback as well but still trading in negative territory extending thursday's losses my six down two point three percent at a half percent in the test setting two point three percent here is the snapshot of the market movers on the my six and g. major is among the worst performers with gas going down four percent belong banking stocks are also under pressure with both bank and bt being losing almost six

percent. oil prices a boss. after an almost six percent decline on thursday concerns about global economic recovery awaiting on crude however the weak dollar has given some support light sweet is trading at eighty two dollars a barrel while brant is up at almost one hundred and eight dollars per barrel. 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 stay havens spot price is now at a ball for one thousand eight hundred sixty dollars per ounce and sober is also all it's gaining over three percent it's. still the business news for now for more stories you can head to our website i t dot com thanks for watching.

wealthy british style it's a. buyer's. market . find out what's really happening to the global economy. headlines.

this is. friday at kidd's european stocks. you see is. the russian markets also suffering losses. of course. syria saying president. it's twenty years to the day since i attempted coup by a group of. president. while failing to. help bring about the eventual end of the song that you. used to fight terror to people with some.