has been dealt a severe blow as global markets nose dived on friday stocks have enjoyed a volatile week amid warnings of slow growth in the euro zone 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 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 and the fact of what it's 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 will promise 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 back to investors. the two thousand and eight to 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 talk to jason johnson professor of political science thinks only reestablishing investor confidence will save the u.s. from recession the companies that have lost 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 the only problem with that is when someone actually wants to call it or 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 it wasn't just leasing to be passed united states if the president can sort some control and there's still some confidence in our future economy the debts are less of a problem the 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 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 slam then everyone's going to get more nervous risk if you have no idea what a new administration might act policy wise. harasses announces no longer committed to a cease fire with israel the statement comes as the jewish state continues to retaliate with airstrikes 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 a 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 rise in tension comes less than a month before a vital u.n. vote on the recognition of the palestinian state gaza based political analyst. thinks that israel wants to sabotage the vote and divert attention from recent domestic rest. all palestinian political factions have their mind and a link or responsibility with this attack on the israeli side on despite this fact we have witnessed last night military operations against the gaza strip i guess that there is a link between the. policy there with authority going to the united nations next month trying to listen in the street to i think the israeli side trying to use

this attack as a pretext to launch really try thanks again to the palestinian civilians and the palestinian factions i think the israeli military would like to drop all dies annie before 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 guess to the day israeli government would use that protest in order to support its own stand against the government case now. i see you now the israeli people would be more united against the palestinians in this case i guess that netanyahu government and his coalition they would use this at. their own authority that it is supposed to be able to end the war in the full just inside israel. meanwhile egypt has decided to withdraw its ambassador from israel over the deaths of five egyptian security personnel in border towns more than two thousand

gypsum stage an angry protest outside the israeli embassy in cairo against the deaths the soldiers recording crossfire is israeli troops trying to push palestinian militants they believe responsible for the deaths of eight people in an ambush on wednesday. this is to live in moscow good to have you with us is coming up a little later in the program and politics don't mix in georgia as the director of the country state gets the sack and many of those supporting him claim it's because he opposed the president. also still to come big business because. a tough job for others but the stunning show proves our team takes you through all highlights of the max international air show in moscow. but first a un humanitarian team is heading to syria to assess the situation there while the latest stream of anti-government protests reportedly left at least twenty people dead but earlier syria claimed army operations against civilians have ended

moscow's rejected calls from the u.s. and the e.u. urging president assad to step down saying he should be given more time to annex promised reforms nevertheless a set of fresh economic sanctions have been imposed on syria in response to the government's violent action with the e.u. ready to expand pressure targeting the country's oil sector analysts james denselow says such restrictive measures could prove decisive but do not look realistic. the americans have been very clear they know their influence and 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 are now in europe in specially 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 syria's oil is exported to europe so the europeans now come out you know united front against

assad does that mean that they will no longer accept syrian oil now syrian oil makes up some a quarter of syria's hard currency budget so it 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 the 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 and auntie's told botan takes a look back now at the dramatic events. twenty years ago today moscow was in turmoil tanks on the streets barricades manned 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 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 call in here 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 thank you know well it's the tanks and soldiers in the streets all of it's made you feel uneasy thinking what's going to happen in an hour what's going to happen at night. as armored vehicles tried to ram

their way through barricades and moving to a road tunnel near the white house some of the protesters tried to stop the lubov kamar force 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 the and that he jumped into the vehicle three a hatchet where he was shot. dimitri was a room dead 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 went berserk we pumped out later the petrified nearby car their poor picture into bottles setting them of 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 mere few soldiers were bearing orders. 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 upper hand yeltsin we decided we wouldn't do it but. as the plotters admitted the bloodshed destroyed their cause the oldest who had come close to succeeding but in the end it went the way of yeltsin and democracy thom bottom party. the art world in georgia result in arms after the director of the country's state affairs who was fired officially the reason given was for xenophobia statements he's alleged to have made but his supporters claim it was politically motivated after he spoke out against president saakashvili as rule takes up the story.

all the world's a stage the famous georgian theatre director he saved really brought to life many of shakespeare's works on it has seen fired from his role. in the pride of the georgian theatre. has been removed from east coast allegedly for two methodic remarks but in fact there was a revenge from a political decision who demanded georgian culture minister restored to his position. in comments he made in an interview directing ninth 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 sent a favor and told him to exit stage left the many fear he simply being punished for his anti-government views. the authorities took vengeance on stewart for refusing to support or worship them unlike others this was

a political decision. the actions of the thirty thousand come as a surprise to second it is a canine this is the latest in what they call an anti democratic trend of the president's critics being silenced. for a short period of time it will be a major loss for georgia and its theater but the government is not worried about that 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 popular places where he tops. they belong very heavily felt by many in georgia served. under by the way go to our tea dot com our web site for the news you want to watch the time you want to watch it plus you can check anything you've missed here on

screen it's online there as well here's a quick look at a couple stories for you the thirty year prison sentence shocks the u.s. state of indiana is the person convicted for murder is just twelve years old and didn't even pull the trigger. also a lot of the moment since two men were mauled by sharks in. jaws attack could be coming in the sanford country as a crocodile runs rampage for more on that story go to r.t. dot com. north korean leader kim jung il has arrived in russia's fall responded train and is expected to hold talks with president inventive in a few days greater energy corporation is expected to be the main focus and let's now get more from our correspondent jacob riis jacob so tell us what are we expecting to come out of this visit. as you mentioned thought that energy corporation is largely central to these discussions is the summit at present made

in his selfish champion quite recently and when it comes these two countries are always in the background this issue of the denuclearization of north korea and russia heavily involved here in the six party talks are ongoing trying to meet that end goal because kim jong il himself will in fact this is his third visit to russia is first occurring in two thousand and one and i was under the request of prime minister vladimir putin then president he stayed for three weeks came back in two thousand and two it's the third time this time he's been invited by president meant better in fact the first time these leaders are going to meet face to face and that's expected to occur next week in the russian republic but the reason for this timeline while kim jong il he likes a child by train is favorite form of transport armor train in fact this whole visit comes on the back of russia pledging fifty thousand tons of humanitarian aid to help with north korea's food shortage first batch of just arrived yesterday in

north korea of course. i can show you thanks very much indeed that's a reporter live there jacob the creeps. more news from around the world now and a bus has lost control and overturned on a mountain highway in southern afghanistan killing thirty five people more than twenty passengers were injured some of them critically incident happened early in the morning just outside kandahar city on the main road from the capital meanwhile an explosives packed rickshaw detonated near the vehicle of an afghan intelligence agent killing two and wounding three people. libyan rebels say they finally captured the strategic oil terminal of brega and east of the country they've been fighting for control of the industrial town for more than a week comes to rebel seize the country's main oil refinery in the city of where 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 have been killed and fifty i was injured in pakistan after an identified government ambushed of course carrying plainclothes commandos they were heading to carry out a raid following a tip off when they were intercepted by armed men who opened fire if it was attacked on three sides earlier fifty people killed and eighty five wounded after a teenage suicide bomber detonated his device in the main hall of the mosque during friday prayers. last 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 hours in response police used tear gas to disperse the crowd and arrested several people protesting the country started more than two months ago after president pinera opposed i should say proposed sweeping education from. the sounds of jet engines have been roaring around moscow over the past few days with flying machines tearing up the skies an hour to the max international air show

and we'll be bringing you all the highlights throughout this weekend. well research shows. max today rory. brother is not exactly the sunny delight it's been over the past few days now tennis is rain happening experiencing there at the moment threatening to put a damper on things. well bill i'm not really sure where your looking out here in the moscow region is a perfectly sunny and hot day you said i was carrying an umbrella. what what. i didn't of this home. it's raining the weather is not as good as it has been over the past few days here for the max two thousand and eleven international however it could make for a more exciting day that being because the clouds are low now the planes are going to fly between us and the clouds which could go for some very exciting extreme low

altitude flying so it could be a very good day here and there are loads of people just absolutely poor and certainly thousands already at this time of the morning here for the two thousand and eleven at max asho we are on standby right now for the world famous russian swifts and other russian knights in their make twenty nine thousand two hundred twenty seven's they will take to the sky shortly not to be followed up by some a sorry the re debut of the now world famous only over the past few days the russian super stealth fighter jet the t. fifty that will also take to the skies a done to be followed by a huge how do you display it if it was anything like a few days ago it was like a swarm of bees just hovering in doing. all over the crowds here it's been a fantastic few days and the people continue to pour in here with the americans here the f. fifteen a very very similar to what we saw in the film top gun they'll be taking to the skies the french raphael fighters they're also taking to the skies but regarding the whole business side of things here

a record has been set for this two thousand and eleven mix international air show over ten billion dollars worth of deals have been signed among those in the aviation business here on one of those part of the deal is the new us to point superjet one hundred elected leaders order for two hundred of those is already in place for domestic and international markets. going off going inside the soon to come the super super. one hundred and he has this story about this new debut of this new russian passenger life. only a proto time just a year ago the sukhoi superjet is now officially in business over two hundred orders already both from airlines in russia and from abroad and now we have to do that and with that she can be counted on it and put out of law asking for a measure so we have now more before the and more let's say optimistic and positive about that next couple yes a it's

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 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 regarding 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 interiors on nothing special but pretty simple and modern looking being. luggage going to work man so overhead they look 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 your phonetic on a modern sound a couple of little quip goes overall saying nifty electronics it's 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 two thousand and sixty hugo is going to moscow region or stay with r.t. throughout the weekend for the best of this year's max airshow coverage.

approach. shaped the future flight. forty takes to the max air show. a missing russian communication satellite has been found by the u.s. space surveillance network after failing to separate from its booster rocket the device never reached his designated orbit personnel fair the satellite will not have enough fuel to reach its work the russian space agency is investigating what went wrong scientists will now try to use the u.s. data to establish communication with the express i am for a satellite was planned to be one of europe's most powerful and provide coverage across almost all of russia expresso hopeful the device could be salvaged and serve at least a portion of its planned fifteen year working life. one of the few moments learn

how to keep cool with moscow out team as they take to the water to escape the russian that capital's summer heat wave. a plane trip to the sense of the city is on the best things to do on a summer's day the journey off is relaxing the years of all the major sights and the cold breeze it's just i've been under the warm sun many foreigners just sort of realized how hot the summers off here in moscow she was every one of suncream was second. to those can accommodate more than one hundred people to this exhibit outdoor areas as well as a sheltered room downstairs which uses says 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 and the russian capital.

which has come out in just a few minutes from now here in r.t. before that i'll be back main stories of this sunday morning live here from moscow . hands. closer.

i'm going to approach. the future like try marty takes me to the max air show. some.

if. they want to order. mrs tree still keeps its secrets but now it's time to reveal the truth to the soviet files on the. last time the close up team was in our movie where the gold rush still gets people

hiked up. this time margi goes to cure old region. where the local government is giving power back to the people. where every orphan will be adopted. where locals turn their land into a tourist paradox while come to. russia close up on r g. twenty years ago the largest country in the world to certain places of. what had been. the beach began a journey. where did it take them. if

you just joined us for a while welcome all of. the twenty four hours a day top stories now the global markets and the week by a massive sell off investors panic total cost of recession in the u.s. and. the middle east is inflamed once again. following two days of israeli airstrikes in gaza and the exchange of fire between the sides came as israel targeted those plane for a deadly attack on its territory influenced. russia marks the anniversary of a crucial turning point. in the bloody resistance of democratic activists twenty years ago open the era of a new post soviet russia. one i may be reining in the russian.