a very warm welcome to this is r.t. live from moscow stocks in europe have plummeted shell play after a similar falls in asia investors are growing up more anxious about the european financial situation and this need is a bill if he to resolve the debt crisis as bush will report this all comes amid new fears that the world economy may be on the verge of another recession. you're picking up where the u.s. 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 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 catches 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 this week's summit really raised more questions than it. has to single financial government for the european union but the people of europe say they don't want to it's in opinion polls which raises real questions about the democracy of leaders just how democratic european leaders of it also doesn't for 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'm pretty sure that daniel was joking they're done no worse for reporting from brussels now in asia this iteration doesn't look any better as the stocks there are closed in the red the deputy

director for the center for international monetary research believes asia should safeguard itself from exposure to the troubles in the us and the euro saying. i think all these emotions of pentagon sort of it will last for a while are the law people worry about the circuit the deed or circuit the recession all for us are you calling me. japanese and the european call me and you call me a corporation in china and the young commentaries a particular day in the korea china every year we become of very important economical giong and the cost of dependence of all these economists on chinese fossil it goes so i think in the future asian countries we all coordinate on the call very very closely to the safeguards and there you call it is under there you arrest them in the from outside the shark a particular from the sharks or from you or. a u.s. the chinese also into wants to make me much more independent so i think in the near

future you will say so maybe your steps will be taken by beijing all story is to be able to do is oh you called me on to try to strengthen cooperation between china and the yosh and countries. russia markets are rules so suffering losses today following the downturn in stock exchanges around the world let's get the latest now from karena he's a from the business desk for us corrina say fears of a double dip recession are reflected in the mood of russian traders to then yes exactly here in russia bush is a heading to a two month low extending losses from the previous session tracking losses that we've seen in asia and europe and this is of course a concern about the state of the global economy and the worst hit at the moment on energy and banking stocks gasper among other oil companies shutting losses rosner have to over four percent banks are also down so we're going to look at the figures

in our business bulletin very shortly. still ahead this hour for rana to change we'll go back on the call of the soviet union. took a major turn twenty years ago this day out an attempt to overthrow the government with staged on the streets of more space. russia has refused to back the call made by the u.s. in the. syria's leader to step down in the wake of the violent crackdown on protesters the statement was released just a day after brac a bomber imposed a fresh set of economic sanctions on the country let's cross live to damascus now well to national standing by for us why is russia betting on syria to solve this problem independently. well alice russia's position has always been clear syria's definitely needs reforms detained is definitely needed required in this country but

president assad needs time to do that and he has to be provided with this time russia has at least one and two months mosco signs that president bashar. has earned trust with what he's already done his release political prisoners he's repealed emergency law that was in force for nearly five decades since one thousand nine hundred sixty three he expressed his readiness to allow all political parties and elections in this country and russia believes that external pressure on president assad could only deteriorate things here on the ground and could hamper transition to democratic state so russia's position is to give assad chance to prove himself at the same time russia has all the time to reach rating that eve present our side doesn't keep his promises in that case the international community should react let's not let's not listen to what the officials are saying. now.

when you put the syrian leadership needs time to implement its reform program but significant steps towards that have already been taken to the state of emergency has been lifted off the higher court of state security was abolished the decree allowing citizens from peaceful demonstrations was accepted syrians should negotiate not fight and the opposition as well as the regime is responsible for making that happen thanks rick. i have to say that russia's delegation is due in damascus very soon on saturday we expect them here tomorrow to try to find out exactly what is going on here on the ground and to see how assad is fulfilling his promises and it seems the west is really losing patience with syria but hell grave is the situation on the ground you've been in syria for quite some time now what's the mood that you're gauging.

while the situation on the ground here is here it is very complicated and i have to emphasize that the call from the u.s. and e.u. for this syrian president to step down comes just days actually even less than a day just hours after president bashar assad had announced that the military operation here in syria is over and had promised for more reforms just a few words about what's this military operation since the beginning of the conflict in syria this march syrian soldiers and tanks have been sent to many major syrian cities across the country as the regime opponents have been saying to a silent peaceful crowds in the crecy anti-government demonstrators and as the syrian government has been saying to fight against armed groups operating across syria trying to destabilize the situation here on the ground terrorizing. the people and on tuesday the last troops were with thrown from the western coastal

city of latakia and from the store in the east of the country near the iraqi border actually we have been to this last one. and we've witnessed the army was thrown we have seen at least thirty tanks live in the city and inside the city we haven't seen any ministry laughed police has returned to duty meanwhile we are receiving reports and the run media reports that based on information received from protesters and local residents that's the army is still. on the ground in latakia and even the reports that. the soldiers are firing from type to time to peaceful demonstrators but i have to emphasize and this is very important that these reports are very hard to verify because of international journalists are not allowed to move freely here in the country as the syrian government because it's dangerous.

so these reports are very hard to vary. also i have to say that we have been able to speak to one of the opposition leaders here in damascus and he has sad that this situation is very hard very difficult but not hopeless because people are when the people needs reform reform they want reform but they have patient and they are ready to wait because they've been waiting actually for more than thirty decades now and they're ready to wait a little bit more but of course not too much back to you many thanks. for not talking to us from the heart of the uprising torn a state there. now with r.t. still to come why the sky is the limit of the international. stunning performances by aerobatics teams from across the world scores of aircraft what is

all this mean remarks two dollars in eleven has opened its doors to the public watch our report later in the program. harder on the beaches of russia's far east as the hunt guinn's for the sharks that moved to the young men in the space of just two days. it's twenty years ago to the day since eight communist hardliners staged a coup to overthrow. the then president of the soviet union but while the coup fail to topple the government it's widely seen as a pivotal factor in the u.s. and sells eventual collapse. takes a look now at how it changed the course of solving it history. if you turned on your t.v. in moscow on the morning of the nineteenth through this ninety nine to warm this is what you would have seen tchaikovsky's swan lake. why asked many muscovites

because on the streets this is what was really happening. there was confusion and panic even among the tent crews themselves very much with who ordered to march towards moscow i thought i'd figure it out when i get there as we weren't given any information as to what was happening. soviet leader mikhail gorbachev had been shut 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. 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 good which often yeltsin 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 vice president kennedy and naive on the other members of the emergency committee sat in this very spot in 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 . tell me do you realize that you've conducted a credit card they look pretty very convincing and. they 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 to return. yeltsin tells you that was the yeahs of when you're commander traitors and enemies whose always will you have been. 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 in one would believe an out onto the road where his friend legitimate tried to drag him away while the machine rode over my sons had and killed lead to marriage wow. the coup had failed and what's more it destroyed trust in the communist party which was then

back 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. . it happened twenty years ago there are still some people out there who want a wealth of us some of it's no more log on to our home for all the details to find out how some of them are in fact the high places republican presidential candidate michele bachmann believes that the u.s.s.r. still exists and continue to pose a threat to the u.s. . also online feed president hugo chavez wants to bring back all be exported venezuelan gold's about to the country to protect it from financial turmoil learn the possible consequences of that action.

to some world news in brief this hour now and at least forty people have been killed in over a hundred were injured when a bomb exploded at a mall skin kléber region in northwest pakistan witnesses reported teenage boy detonating a device during traditional friday prayers many of the injured are in a serious condition no group has admitted responsibility yet taliban and al qaeda militants are active in the region. when suicide blasts have rocked the afghan capital kabul close to a compound run by the british government the explosions set off a five hour long gone battle between security forces and insurgents with at least ten people killed the taliban which has claimed responsibility says it was marking the anniversary afghanistan's independence from the u.k. president hamid karzai made no mention of the attacks it during events. his people

and move the country towards a better future. the israeli military says rockets launched by palestinian militants have hit southern israel. injuring as several people the attacks were a response to the latest there strides carried out by israel over the gaza strip which reportedly left seven people dead including a senior militant leader israel was 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. 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 shock that savage two people. tell 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 as protection and saved him from death but both his legs were severely wounded. but you heard him crying help help the shark had a big bull but it was tied ours so some guys went out on to do that she had him and he gave first day only a day earlier at 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 you 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 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 are trying to work out what it was doing here. this type of shock really comes to our waters it's 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 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 only pretty deep 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 very brisk over r.t. moscow. by nearly international airshow continues to thaw putting its doors to

thousands of new spectators on friday some of the most spectacular aerobatic displays are still ahead at max twenty eleven before the show closes just two days time. to tame and many major contracts are being signed as well. there are sounds of jet ten propeller engines in the skies scores of various types of aircraft on the ground it means the march two thousand and eleven air show has opened its doors to the public the first few days it's function mainly for official business delegations in going out those billion dollar contracts with some of the biggest names in civil military aircraft reducers from across the world but now ordinary people can see and even touch some of these planes themselves and there's a huge variety of them from all months for example this plane is from the times before the second world war to some of the most advanced ones like the airbus three

eighty jumbo jet all eyes are on the skies there's a huge program in store for all the visitors already seen stunning performances by aerobatics teams from across the world including the russia knights swift and falcons we're expecting more from them and others in the next few days as well. for those who can't pilot planes but we want to know just a little bit what it feels like there on the simulator so here as well for example this one gives an idea of what sort of hardware will be installed on airplanes over the next generation in this case while it won't even need to look out the window all the needed information about the flight will be displayed in of a cockpit it's not clear whether some of this hardware is installed on board one of the headliners of the. what's two thousand and eleven but it's just still top secret generation stealth fighter jets t. fifty an r.

g.'s even tried to deal with the curtain of mystery point out a little bit about this plane. many have heard about it but until now only a select few had seen it with their own eyes to add the nation fans the t. fifty is known as pac this is 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 get a chance to see the jets in flight the first ever public display for pot 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 i don't think of the united states and russia are the

only two countries in the world that have the technologically potential to implement a large scale national project for the development of a fifth generation jet fighter the fact that russia is 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 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 smaller than yours that at this being a new generation fighter it's much more comfortable if. everything was designed with safety in mind it has thrust vectoring engine so would fly safely at low near

zero speed it's safe even want to fly still first to do the environment in the cockpit is also the fighter provides intelligence support to the pilots all 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 even goes to r t. let's go region. all our reporters are on the ground at the ongoing international airshow in the mosque a region to stay with r.t. for full coverage of max twenty eleven as we track the business and aerobatic side of the event all through the week tends to wrong watch our special report on the events that took place in the russian capital twenty years ago and change the country's history before that they. are.

welcome to the sour 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 you know in the u.s. the russian forces are no exception they are extending losses from the previous session and peter weston from. 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 plans 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 study 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's europe where there's a lot about the services on top of that i think you know little 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. meanwhile steyn jacobson's from saxo bank believes that apart from the current volatility russia has to pay more attention to its fundamentals. the capital outflow in russia continues to be there every single day in some way or another you need to stem the flow of capital because that is in itself a huge statement that domestic russians doesn't trust their own markets if you look

at medium term long term i don't think the all prizes is a big issue i think the world growth will come back we've seen growing signs that asia is now willing to ease monetary policy somewhat which is by by a by a long shot the biggest by a new middle of these days so all these not an issue the crisis is having some small impact right now in economic numbers will have a slightly bigger impact going to for months forward but in itself i think the major thing to watch right now is how you stem the outflow of capital in russia. and europe the markets are tracking waltzing losses in a ship but they're making a bit of a compact this hour to put c. is almost two percent lower while the german dax is down three percent is big billiton is declining two point three percent after proving investments to a coal mining coal. and in moscow the markets are trading in negative territory extending thursday's losses in the r.t.s. shredding just nearly three and over three percent respectively oil prices

bottoming out almost six percent decline thursday concerns about global economic recovery a weighing on crude however we can dollar is getting some support and light sweet is trading at a one dollars a barrel while brant is up almost one hundred dollars. that's a business update for this hour but stay with us for headline news what's up next.

morning when the t.v. news must follow my belly. ring. while the streets of. the turning point in russia's history. was the justified move forward. since the battle for democracy. on our t.v. . the for. sharing. the story. the. dynamic. the difference.

it's all pomp now way around most k. this is all tina black friday at the mall kids' european style supplements get off the shelf pulls in a sad new fears of a while. recession. cautions against international calls for change in syria saying president needs time to implement a promise to change its. profits in twenty years to the days since i've attempted coup by. me this again so then president mikhail gorbachev while failing to topple the government would help bring about the eventual end of the soviet union. women is in russia's far eastern gripped by terror all to chew people with savage by showing since you did.