confidence has been dealt a severe blow as global markets nose dived on friday stocks have enjoyed a volatile week amid warnings of slow growth eurozone debt jitters and as artie's marina portnoy explains fears of a new wave of recession amounting. investors around the world may have very little to celebrate this weekend as u.s. stocks and major european share markets closed down on friday of course this capping the turmoil and volatility that continues to be seen in the european economy in the u.s. economy at least being seen for the past few weeks this does not help ease the lack of confidence interest and lack of trust that is taking place among analysts and investors keeping their eye on the global economy and j.p. morgan chase morgan stanley goldman sachs are among the three banks that came out with reports were saying their predictions for u.s.

and global economic growth they cut those predictions morgan stanley even saying that the global economy is hovering close to a recession and also not helping the circumstances recent reports indicating that the u.s. economy is not doing as well as anticipated manufacturing is that its lowest point since two thousand and nine the housing market is still experiencing a huge slump unemployment is spiraling here in the u.s. more than fourteen million americans are unemployed investors are also very concerned about how the european leaders are handling the debt crisis in europe the fact of what it is doing to the euro zone many believe that the right decisions are not being made and not being made quick enough clearly this is an indication that three years after the financial collapse that started here in new york wall street that infected the rest of the world clearly that crisis continues to be having

a huge impact on the lives of people all around the world those people that were promised that three years later the economy would be doing much better and now all we see. see that there are a lot of struggles taking place and it's not quite clear if any leader of any country knows how to handle this problem to stop all the volatility and turmoil and to bring confidence to investors. or in a porn are there in the two thousand collapse two thousand and eight collapse i should say of investment john lehman brothers the largest bankruptcy in u.s. history is on many a financial mind right now fears a repeat ascending markets into choppy waters dr jason johnson professor of political science thinks only rist averaging investor confidence will save the us from recession the companies that have lost stock value over the last two days or two weeks these companies aren't magically not working anymore it's just that

people's confidence is at an all time lows so if confidence stays low we will see another recession of confidence improves the economy while the only problem with that is when someone who actually wants to call it most of the u.s. debt right now is owned by china china is not about to reclaim the state of virginia they're not about to reclaim new york city by calling in their debts they primarily want to see america so you have legislation to be passed united states if the president can sort some control and there's still some confidence in our future economy debts are less of a problem than people's inertia and inability right now to get the economy moving right now it looks like the chances of barack obama getting real like that are actually they're still better than fifty percent which would mean that markets that are concerned with investing right now now they're going to feel a bit more confident if it looks like obama's chances of being reelected are slim then everyone's going to get more nervous risk if you have no idea what a new administration might act policy wise. despite the ongoing market turmoil the public has mostly left the traders to worry about slumping stock spot with

investments and pension funds on the line our very own resident in new york asked people there on the streets where they are putting their money. as the global economy continues to be volatile where do you feel like your money is safest this week let's talk about that do you have faith in the stock market are you kidding me. i'll go with i love las vegas play blackjack or play roulette that's when you have a chance you have faith i'm not too much but i'm still worried because they're. falling down but you haven't pulled out yet you know it'll come back to show you have money invested. they don't trust it that much but i just haven't got the money if you have the cash now's the time to buy everything but what if it just keeps crashing further if you have the money to lose you lose it if you don't don't play

it do you have money invested on best that would cover your hard times and everything in economy it's not stable so just at this present moment the stock market it's not safe so where's your money under my mattress the way it goes up and down it's really it's just. so i have no faith in it is there was a why we play a game with our security. well what are your choices what are you going to do with your money you put out of the mattress i don't think that's going to work too well but what about in gold you can put seven goals like warren buffett says you take something from. under the earth you dig it up and all the sudden you put dollars into it and you have to get your money back. from selling the gold so it doesn't make sense to me if things were to get that bad to where you have to put your money in gold i don't think the u.s. . go to. the currency is there

a chance that we could go back to. all kind of exchanges. with these that was the money that aristide was being signed here with what's going on with the economy. where you keep your money these days the bottom line is no place will ever be completely. no longer committed to a cease fire with israel the statement comes as the jewish state continues to retaliate with strikes on the gaza strip for a second day more than a dozen palestinians have been killed in the strikes began its campaign following a terrorist attack that killed eight israelis on thursday popular resistance committees based in the gaza strip were blamed for the original incidents following friday's airstrikes palestinian militants responded by launching more than twenty rocket attacks the rising tension comes less than a month before a vital u.n.

vote on the recognition of the palestinian state as a basic political analyst talk to honey all but seuss thinks israel wants to sabotage the vote and divert attention from recent domestic unrest. political factions have denied and the link or responsibility with this attack on the israeli side despite this fact we have witnessed last night military operations against the gaza strip i guess that there is a link between the. thirty going to the united nations next month trying to pull teeth so i think the israelis are trying to use this as a pretext to launch military bases of the palestinian civilians and factions i think the israeli military would like to. go to do not to be. chain's to seek a palestinian state we have witnessed for the past two weeks at major protests in

israel and i guess to the israeli government would use the foretaste in order to support its own stand against the government it's the case now. i see now the israeli people would be more united against a bullet seen in this piece i guess that netanyahu government and his coalition that would use this i pad two you might be there on a front that is supposed to be able to end the week to end the protest inside israel. meanwhile egypt has decided to withdraw its ambassador from israel never debts of five egyptian security personnel in border attacks more than two thousand stage an angry protest outside the israeli embassy in cairo against the us soldiers reporting crossfire israeli troops try to pursue palestinian militants they believe responsible for the deaths of eight people in an ambush. think. this is coming to light from the russian capital coming up later in the program all politics don't

mix in georgia director of the company state gets the sack many of those supporting him claim it's because he opposes the president. and big business but tough job for others but a stunning show. takes you through all the highlights of the next international air show. all that still to come but first a u.n. humanitarian team is heading to syria to assess the situation on the ground well the latest stream of anti-government protests have reportedly left at least twenty people. operations against civilians have ended. rejected calls from the u.s. and. president assad to step down saying he should be given more time to act promised reforms nevertheless a set of fresh economic sanctions have been imposed on syria in response to the government's vote interaction with the e.u. ready to expand pressure targeting the countries on sector. such restrictive

measures could prove decisive but do not look realistic. the americans have been very clear they know their ability to change their behavior is limited they've always said that have to reach out to countries that are closer to syria and russia is one such country and a very important country at that so i think the americans we're now in the europeans especially really have to work hard to persuade the russians they are right on syria and russia is currently wrong for that is the next important step and i think we should focus on one particular element which is really important could go either way syria's oil exports of the present about ninety percent or so serious oil is exported to europe so the europeans are now come out you know united front against assad does that mean they will no longer accept syrian oil now syrian oil makes up some a quarter of syria's hard currency budget so could have a huge amount of an impact on the assad regime its ability to control things so ultimately i do think there is more than rhetoric to what the u.s.

and europeans are saying right now. for many russians this day twenty years ago was full of uncertainty and extreme anxiety tanks were patrolling the streets of moscow as a group of hardline communist officials attempted to seize power but the coup failed eventually leading to the collapse of the whole soviet union and to democratic reforms in russia tom botton takes a look back at the dramatic events. twenty years ago today moscow was in turmoil tanks on the streets barricades mound outside the russian parliament the white house panic and anger were in the air and the soviet army came face to face with its own people who put out the first couple of days were pretty scary that's when we had to go to key points in the city and protect them there were crowds of people gathering and violence was on the verge of breaking out the coup plotters had isolated soviet leader mikhail gorbachev and seized control of media outlets

but one reporter defied the k.g.b. officers in his news room. we've switched on our t.v. camera without much hope of being able to go on air tonight you can see barricades being erected. survey's report was shown and spread word of the democratic resistance developing around the reformist russian president boris yeltsin as the standoff continues through the nineteenth and twentieth of august fears grew of an assault on the white house that you know little tanks and soldiers in the streets all of it made you feel uneasy thinking what's going to happen in an hour what's going to happen at nighttime as armored vehicles tried to ram their way through barricades and move into a road tunnel near the white house some of the protesters tried to stop them lubov kamar thought her son dimitri was safe with a friend in fact he was manning the barricades. judging by

documents that i've been able to see another dmitry had climbed on my vehicle to cover its vision slits after day in that he jumped into the vehicles very a hatch where he was shot. dimitri was only wounded but the vehicle then ran over his head killing him as two other protesters were shot in the mayhem. that guy was killed in front of thousands of people who were bizerk we pumped out later that petrify nearby car they're pouring picture into bottles set in them a fire throwing them at the tanks the conspirators already wavering lost their nerve. the three men memorialized here have become martyrs for the democratic cause in fact the expected assault on the white house never materialized but even before the violence which happened just here few soldiers were bearing orders. there were my colleagues and i already saw that the coup was failing so i asked for i got the

orders to attack the white house and apprehend yeltsin we unanimously decided we wouldn't do it you know when you. as the plotters admitted the bloodshed destroyed their cause the august coup had come close to succeeding but in the end it went the way of yeltsin and democracy tom barton. the oddworld in georgia is up in arms after the director of the country's state theatre was fired officially the reason given was for xenophobic statements he's alleged to have made but his supporters claim it was politically motivated after he spoke out against president saakashvili is rule party sarah first takes up the story. of. all the world's a stage the famous georgian fair to direct. people to like many of shakespeare's works and it's. been his role. yes the pride of the georgian theatre.

has been removed from the coast allegedly for to methodically march but in fact there was a revenge on a political decision who demanded georgian culture minister to restore a lot of his positions. in comments he made in an interview directing name to being outspoken against the government said the president saakashvili being armenian meant he was no sable to understand the needs of the georgian people it was a criticism too far and the government branded him senate told him to exit stage left the many fear he simply being punished for his anti government. authorities to evangelise on stewart for a fusing to support a warship them unlike others this was a political decision. the actions of the authorities haven't come as a surprise to sack of shit is a pain and this is the latest in what they call an anti democratic friends of the president's critics being silenced you see if roberts to release him for

a short period of time it would be a major loss for georgia and his theater but the government is not worried about this. they're really afraid of any moral authority in georgia i mean those people that are brave enough to criticize them but this country to you forever but they say the show must go on and the internationally acclaimed director could now end up working here one of the most case most popular theaters where he's been offered top spots most case gain will be lost very heavily felt by many in georgia surf city. the sounds of jet engines have been roaring around moscow over the past few days with the flying machines tearing up the skies are tears at the max international air show and we'll bring you all the highlights throughout the weekend. aerobatics team such as the russian knights and the swiss with their gravity

defying stunts among the favorites the russian fifth generation stealth fighter the t. fifty model enjoyed its international debut is also among the must see jets of the show aircraft deal signed during the event of already surpassed the previous record of ten billion dollars on the shopping list for airlines established offerings from the likes of us but also tempting some to put pen to paper a double delight for russia the new m s twenty one mid-range. and the sukhoi superjet. tested one of them the company. only approved a time just a year ago. is now officially in business over two hundred orders already bought from airlines in russia and from abroad now we have an. image that can be called out of i speak from asia so we are now more affordable and more. optimistic and positive about the next couple yes they are

a joint project between russia. europe superjet international and several dozen other companies this is the first civil aircraft produced in russia from scratch since the collapse of the u.s.s.r. . and you see what all the fuss is about we decided to go on a demo flight to as they say touch the plane ourselves this is actually the first of course a project one hundred which was sold to an airline it was named after really got in the first man in space and this plane has already made several international flights we're told that this is the basic version of the chair so nothing special but pretty simple and modern looking the. luggage going to work man so overhead that looks pretty spacious scott noisy the seats the seats are pretty comfortable overall i have to say that this is a whole new level of comfort compared to the planes main validated rivals which are the change you want thirty four and the forty two. geared up with some of the most

advanced mediation equipment with a maximum range of around two thousand miles the sukhoi superjet will replace soviet era aircraft and with a price tag of around twenty five million dollars per piece which is around twenty percent cheaper than its main rivals there's interest in the super jet from foreign airlines as well generally as a flying experience is no different to flying around europe in any kind of modern thing and a couple of little quip goes over well saying nifty electroshocks its developers say they will continue working on the super jet to help get rid of any teething problems and with the line of orders already secured the promise to deliver over one hundred sixty planes by the end of twenty sixteen hugo is going to have r t moscow region well do stay with r.t. throughout the weekend for the best of this year's max show coverage live

a little later. approach. shape the future flights. our team takes to the max air show well as the spectacular show while spectators in the moscow region r.t.s. military contributor explains now how some of the menacing machines are used on the front line in war zones one of the most controversial. participant in the moscow air show. that notorious fifty and fifty two the reason the case fifty better known as black shark is the ugliest and the most lethal among all type

of attack helicopters designers and manufacturers can invention all aircraft cannot stand the fact that come a few new coaxial designed for a small event thirty percent more efficiency for its engines and unique occur benteke features reach out totally on attainable for their regular helicopters fifty and fifty two were designed from the outset for unconventional special type of operations and on top of all the haters terrorists insurgents traffickers pirates and all type of outcasts who are difficult maneuvering between intelligence military and law enforcement communities and between the different countries of the black shark and alligator and we stand that extreme temperature in desert sand storms as the main ram maybe fighting against terrorism

and drug trafficking. by the way go to altie dot com for the news you want to watch plus check anything you missed on the air it's online as well here's a quick look right now we have thirty year prison sentence shocks the u.s. state of indiana as the person convicted for murder is just twelve years old and didn't even pull the trigger. and of the vice it's every motorist dream looks to the left of your screen as a moscow driver opens these window and points a gadget at the traffic lights which soon turn green. find up all the see and don't call them. you can watch all the best videos on you tube.

these are. operations ruled the day. the missing russian communication satellite has been found by the u.s. space surveillance network after failing to separate from its booster rocket device never reached its designated orbit and experts now fear the satellite will not have enough fuel to reach its working position the russian space agency is investigating what went wrong scientists will now try to use the u.s. data to establish a communication link with the express am for the satellite was planned to be one of europe's most powerful and provide coverage across all of russia and experts are hopeful the device could be salvaged and at least a portion of its fifteen year working life. while more news from around the world updated twenty five minutes past the the russian capital libyan rebels say

they finally captured. in the east of the country they've been fighting for control of the. week it comes off to the country's main oil refinery in the city of zawiya the territory still under control has been decreasing dramatically in the past weeks with opposition fighters closing in on the capital. at least six people being killed and fifty others injured in pakistan after unidentified gunmen ambushed a bus carrying plain clothes. they were heading to carry out a raid following a tip off when they were intercepted by men who opened fire on the vehicle was attacked on three sides fifty people were killed and eighty five. good after a teenage suicide bomber detonated his device in the main hall of a mosque during friday prayers. student protests continue to shake chile as demonstrators demand free education and changes in school funding dozens of students blocked access to a ferry from a small island for response police used tear gas to disperse the crowd and arrested

several people protesting the country started more than two months ago after president bush proposed sweeping education reforms. in just a few minutes from now we could be learning how to keep cool with our moscow team as they take to the water to escape the russian capital summer heat wave. a plane trip to the center of the city is on the best things to do on a summer's day the journey off is relaxing views of all the major sites and the cold breeze is to have in the warm sun many foreigners just to realize how hot the summers off here in moscow she was for every one of suncream or second. to those can accommodate more than one hundred people disapprove of how to do it as well as a sheltered room downstairs which is serves refreshments a boat trip on the moscow river is an ideal way to see the city the air is fresh and there are no exhaust pipes around it's just you in the russian capital.

and then you can watch must come out in just a few minutes time here on our t.v. but first i'll be back with a recap of our top stories this saturday stay with us life here in moscow.

hungry for the full story we've got it for us the biggest issues get the human voice face to face with the news makers. takes fifteen to twenty million years for the planet to recover from a major extinction event for the planet as time we don't. spring going on for months twenty twenty five years and since it's been moved to eco terrorist before there was even islamic fundamentalist terrorist in this country when the nine eleven happened the bush administration could not find any terrorists because the feds couldn't find any real terrorists they decided to take these young people who are accused of property sabotage and label them as terrorists someone you

destroy property. with absolutely zero intention of harming a single human being. in my mind it's not fair it's real people who are green in this country are the housewives who recycle. and the children who play trees on the weekend with their cub scout troops that's the. sound. guys. gonna. have to. cut. soon which brightened a few new moon about sun moon from phones to permissions. means

for instance on t.v. dot com. state here in moscow good to have you with us this saturday morning top stories now global markets of the week massive sell off investors panic over full cost of recession in the u.s. and europe. the middle east is inflamed once again and pulls out of a cease fire following two days of israeli air strikes in gaza the exchange of fire between the sides came as israel targeted those blame for a deadly attack on its territory today. russia the anniversary of a crucial turning point the failed coup by communist hardliners and the bloody resistance of democratic activists twenty years ago open the era of a new post soviet russia. well next keep.