in the. global markets and ended the week one ups by a massive selloff as investors panic a forecast of recession in the u.s. and europe. the middle east is in flames once again as a mass pulls out of a cease fire after the israeli air force targets gaza. and the anniversary of a crucial turmoil the failed coup by commas hardliners and the bloody resistance of democratic activists twenty years ago open the era of a new post soviet russia our top stories this hour.

international news and comment live from moscow this is r.t. with twenty four hours a day investor confidence has been dealt a severe blow was global markets nosedive on friday stocks have enjoyed a volatile week amid warnings of slow growth and eurozone jitters and was artie's roona 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 teen use 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 in trade 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 we're wising 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 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

in fact the rest of the world we believe 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 always. he said 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 turmoil and to bring confidence to investors. were important are there in the two thousand and eight collapse of investment john lehman brothers the largest bankruptcy in u.s. history is on many a financial mind right now fears of a repeat is sending markets into choppy waters and dr jason johnson professor of political science thinks only reestablishing investor confidence will save the u.s. from recession accomplis that have lost start by your glass to gaze at you we've

used companies aren't magically not working anymore it's just the people's confidence is at an all time lows so if confidence the slope we will see another recession of confidence improves the economy will the only problem with that is when someone who actually wants to call it most of the u.s. right now is on 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 big debts are less of a problem because 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 less markets that are conservative 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 everyone's going to get more in your risk if you have no idea what in your ministry

try it out policy wise. despite the ongoing market turmoil the public has mostly left the traders to worry about slumping stocks but with investments and pension funds on the line our very own resident in new york asks 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 to i love las vegas play blackjack or play roulette that's when you have a chance you have face i'm it's not too much credit i'm still worried because they're. following go out 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 or just haven't got the money if you have the cash now's the time to buy everything slow but what if it

just keeps crashing further if you have the money to lucia 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 and economy is not stable so i just at this present moment the stock market is not safe so where's your money i don't know mattress the way it goes up and down it's really just a game so i have no faith in it is that was why we play a game with our security well but are your choices what are you going to do with your money you have put out of the mattress i don't think that's going to work too well but what about in gold you could put some in gold but warren buffett says you take something from. under your. dollars. you have to get your money back out from selling the gold so doesn't make sense to me if things were bad where you have to put your money and go i don't think the

u.s. government would allow. both on the mind the currency if your chance that we could go back to the time of barter or more like all kind of exchanges. so right now we live in the last days of gaza with less. money and that would be if that was the money so that aristide we're seeing signs of the end here with what's going on with the economy i think so no matter where you keep your money these days the bottom line is no place will ever be completely. and i says announce it's no longer committed to a cease fire with israel the statement comes as the jewish state continues to retaliate with ass strikes on the gaza strip for a second day more than a dozen palestinians have been killed in the strikes began its campaign following an alleged 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 asterix palestinian militants responded by launching more than twenty rocket attacks rising tension comes less than a month before a vital u.n. vote on the recognition of the palestinian state also based political analyst dr honey all but source thinks that israel wants to sabotage the vibes and divert attention from the recent domestic unrest. all palestinian political factions have denied i mean link or responsibility with this attack on the israeli side and despite this fact we have witnessed last night military operations against the gaza strip i guess that there is a link between the the case of the policy there with authority going to the united nations next month trying to pull capability to i think the israeli side trying to use this as a pretext to launch to try places in the palestinian civilians in the palestinian factions i think the israeli military would like to jeopardize any palestinian to

folks to go to the united nations to seek a palestinian state we have witnessed for the past two weeks at major protests in israel and i just saw the israeli government would use the protest in order to support its own stand against the government it's the case now. i see now that israeli people would be more united against the palestinians in this piece i guess that netanyahu and his call a shame they would use this as head so you might be there only for a day it is a blessing and be able to end the war in the default just inside israel. meanwhile egypt has decided to withdraw its ambassador from israel over the deaths of five egyptian security personnel and border attacks more than two thousand additional states an angry protest outside the israeli embassy in cairo against the us soldiers recording crossfire israeli troops try to pursue palestinian militants

they believe responsible for the deaths of eight people in an ambush on thursday. this is r.t. live here in moscow with you twenty four hours a day coming up later this hour a lot and politics don't mix in georgia the director of a country state fears gets the sack many of those supporting him claim it's because he opposed the president. also still to come big business result a tough job for others but a stunning show for all as our t.v. takes you through all the highlights of big mac's international air show in moscow . a u.n. humanitarian team is heading to syria to assess the situation there while the latest stream of anti-government protests are reportedly left at least twenty people dead syria claimed army operations against civilians have ended meanwhile moscow's rejected calls from the u.s. and e.u. urging president assad to step down so i'm for a good meal times when that promise. nevertheless

a set of fresh economic sanctions have been imposed on syria in response to the government's violent action the e.u. ready to expand pressure targeting the country's oil sector but it was james then slow says such restrictive measures could prove decisive do not look realistic. the americans are very clear they know their ability to change their behavior is limited they've always said that have to reach out to countries are closer to syria and russia is one such country and a very important country at that so i think the americans right now in europe in specially really have to work hard to persuade the russian they are right on syria russia was probably wrong for that is the next important step i think we should focus on one particular element which. really important could go either way serious oil exports to the president about ninety percent or so serious oil is exported to europe so the europeans are not going out on a united front against assad does that mean that they will no longer accept syrian oil now makes up some 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 and the coup failed venture leading to the collapse of the whole soviet union and to democratic reforms in russia one 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. but are 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 for coup plotters had isolated soviet leader mikhail gorbachev and seized control of media outlets one reporter defied the k.g.b. officers in his news room. we switched on our t.v. camera without much hope of being able to corner 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. the tanks and soldiers in the streets all of it to me do 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 the loop of

kamar thought her son dimitri was safe with a friend in fact he was manning the barricades. but judging by documents that i've been able to see i know that mitri had climbed on my vehicle to cover its mission slits after the in that he jumped into the because re a hatchet 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 as the we pumped out later the petrified by car their poor patrons of bottles setting them afire frying them in 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 bang orders. my colleagues and i already saw that the coup was failing so after i got the orders to attack the white house and apprehend yeltsin we unanimously decided we wouldn't do it. as the plotters admitted the bloodshed destroy their cause the oldest who had come close to succeeding but in the end it went the way of yeltsin and democracy from boston r.t. . the art world in georgia is up in arms after the director of the country's state theatre was fired officially the reason given was foot xenophobia statements he's alleged to have made but he supporters claim it was politically motivated after he spoke out against president saakashvili his rule sarah first takes up the story for . all the world's a stage but the famous georgian theater director he say brilliantly brought to life many of shakespeare's works on it as seen from his world. the pride

of the georgian theatre which the art has been removed from this coast allegedly for to methodically march but in fact there was a revenge from a political decision who demanded georgian culture minister to restore an artist position. in comments he made in an interview directing being out speaking against the government said president saakashvili being armenian and he was not able to understand the needs of the georgian people it was a criticism chief and the government branded him senate told him to exit stage left and many feel he simply being punished for his anti government. authorities to vengeance on stewart for refusing to support abortion unlike others this was a political decision. the actions of the authorities haven't come as a surprise to sack it is a cane and this is the latest in what they call an anti democratic friends of the

president's critics being silenced those that use the problems to rallies in for a short period of time it will be a major loss for georgia and is the editor for 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 is here forever but they say the show must go on and the internationally acclaimed director could now end up working here one of the most popular bases where he's been offered parts but most cave game belongs very heavily felt by many in georgia serve. by the way. for the news you want to watch anytime you like plus check in if you've missed here on the screen it's online as well here's a quick look at the stories for the moment there on the web site of thirty year prison sentence shocks the u.s.

state of indiana the person convicted for murder is just twelve years old and didn't even plan the trip. also lived through the moment president hugo chavez wants to bring back all the exporting venezuelan gold to the country to protect it from financial ruin a number of possible consequences of that action at all tito. to check out our best videos all all you choose channel. four news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. corp to rule the day. north korean leader kim jung il has arrived in russia's far east and is expected to hold talks with present in

a few days greater energy cooperation is expected to be the main focus well let's get more now on this from our correspondent jake jacobs so tell us what are we expecting to come out of this visit. well as you mention further energy corp shereen russia and north korea expect to be the main parts of discussions here really motivated has really championed the idea quite recently also recently we've heard. he's spoken about the possibility with the south korean counterparts of building a pipeline that connects russia with north koreans has a gas and then that's transit on to south of the north receiving a transit be very much in the early days of discussion there whenever it comes to really. contras of course the issue of denuclearization of north korea their six party talks involving russia very much are still ongoing and kim jong il

himself actually this is the third visit to russia he first arrived in two thousand and one that was that upon an employed by prime minister president he was then president vladimir putin and he stayed there for three weeks a year later you also arrived it's the first time though he coming to meet president medvedev and actually be the first time they have met in person and the specter arrived in moscow about the twenty third of august for these discussions ok and indeed he's coming by train on that journey jacob i understand that there would be the wrong way in line it's a long journey obviously from russia's far east just briefly all right well no joke it could mean obviously here final point there. reporting live in central moscow. sounds of jet engines have been roaring around moscow over the past few days with flying machines tearing up the skies r.t. is the next 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 still thought of a t. fifty that enjoyed its international debut is also among the must see jets at the show. during the event of already surpassed the previous max record of ten billion dollars on the shopping list for airlines established offerings from the likes of their past but also tempting some to put pen to paper a double the light from russia a new m.s.o. twenty one mid-range airliner and sickle i suggest you go to his can of tested one of them for comfort. only approval time just a year ago project 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 company can put out of lot asking for major so we are now more affordable and more

let's say of the needs to get that positive about the next couple years states a joint project between russia's aviation giants 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 we see touch the plane ourselves this is actually your first of course a project on budget which was sold to an airline it was me happy to be here guiding the first man in space and this plane has already made several international flights we're told that this is the b.b.c. version of the cheers on nothing special but pretty simple and modern warding be. workmen's silver hair that looked pretty spacious stark noisy the seats the seats are pretty comfortable overall i have to say that this is all new. for compared to

this plane's main validated rivals which r.t. you about 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 the flying experiences no difference of flying around you're going to take on one thing and a couple of little quick goes over as a nifty little across its developers say they will continue working on the super jet to help it get rid of any t.v. problems and with a line of orders already secured the promise to deliver over one hundred sixty planes by the end of twenty sixteen eagle is going off r d moscow region

and stay with i think throughout the weekend for the best of this year's and next show coverage. closest. approach. show the future flights. large chunks of to the max their show. yes we'll be going live there a little later today in the next couple of hours now a missing russian communications satellite has been felled by the u.s. space surveillance network after failing to separate from its booster rocket the device never reaches designated albeit experts now fear that the satellite will not have enough fuel to reach its working position the russian space agency is investigating what went wrong and scientists will now try to use the u.s. data to establish a communication link with the express am for

a satellite was planned to be one of europe's most powerful and provide coverage across almost all of russia experts are hopeful the device could be sold and serve at least a portion of its planned fifteen year working life. well more news from around the world now at this stage of the day in a world update libyan rebels say they finally captured the strategic oil terminal bigger in the east of the country and fighting for control of the industrial town for more than a week comes after rebels seized the country's main order finally in the city of zawiya the territory still under his control has been decreasing dramatically in the past week the opposition fighters closing in on the capital. six people being killed and fifty others injured in pakistan after unidentified gunmen ambushed a bus carrying plainclothes commandos who 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 and earlier fifty people were killed and eighty five wounded after a teenage suicide bomber detonated his device in the main hall of

a mosque during friday prayers. last year and protests continue to shake chile as demonstrators demand free education and changes in school funding thousands of students blocked access to a ferry from a small island for hours response police used tear gas to disperse the crowd and arrested single people protesting the country started more than two months ago after president proposed sweeping education reforms. learn how to keep this very shortly with moscow out team as they will be taking to the water to escape the russian capital's summer heat wave. a break in the sense of the city's on the best things to do all the summer's day the journey off is relaxing the years of all the major sights and the cold breeze is just adding to the warm sun many just are realizing how hot the summers are here in moscow everyone suncream or say . the brits can accommodate one hundred people this exhibit we have this was

a sheltered room downstairs which was a service refreshments of a trip on the river is an ideal way to see the city the air is fresh and there are new exhaust pipes around it's just you and the person council. and then you can watch the full program in an hour from now here. he will be back with a recap of our main story. in just a couple of minutes this is all to you live here in moscow don't go away.

play. book on the fourth quarter. of. this stream still keeps its secrets the balance time some feel that if the soviet files an oxy

celeb. last time the close up team was a phenomenon where the gold rush still gets people to take up. this time archie goes to your own region. where the local government is giving power back to the people. where every last one will be adopted. the locals turn their land to occur as teradata will come to grief or should close up on r.g.p. . for news today violence is once again flared up.