live from our studios in central moscow you're watching are two with me and he said now it's two pm here in the russian capital six am on wall street where investor confidence has been dealt a severe blow as global markets nosedive on friday stocks have endured a volatile week amid warnings of slow growth and eurozone debt jitters and. explains fears of a new wave of recession are mounting. 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 and

the fact of what it's doing to the euro zone many believe that did 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 god wall street it 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 as 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 well the two thousand and eight collapse of the investment giant lehman brothers the largest bankruptcy in u.s. history is on many financial minds right now fears of a repeat is sending markets into choppy waters dr jason johnson professor of

political science thinks only reassuring investors will save the u.s. from recession the companies that have lost stock value over the last two days or two weeks these companies aren't magically not working any more 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 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 improve so it wasn't just leashing 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 brock obama getting real like that are actually still better than fifty percent which was really 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 slim then everyone's going to get more nervous risk if you have no idea what a new administration might act policy wise well despite the ongoing market turmoil the public has mostly left the trader to traders i should say too wary about slumping stocks but with investments and pension funds on the line our very own president in new york asked people 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 washington i love las vegas play blackjack or play roulette that's when you have a chance you have face i mean it's not too much but i'm still worried because they're. slowing down but you haven't pulled out yet you know it will come back for

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 lose you lose it if you don't don't play it do you have money invested on best recovering or hard times and everything in economy is not stable so i just at this present moment the stock market is not safe so where's your money under my mattress the way both up and down it's really it's just ok so i have no faith in it is it 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 could put seven gold like warren buffett says you take something from. on 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 really you have to put your money in gold i don't think the u.s. government would allow. gold to own the mine the currency is there a chance that we could go back to a system of bartering for more local kind of exchanges oh i don't think so right now we live in a nasty gossip where there's days there would be global money and that's what these that was the money those that are is being we're seeing signs of the end here with what's going on with the economy i think still no matter where you keep your money these days the bottom line is no place will ever be completely in violence. hamas has announced it's pulling out from a two factor cease fire with israel the statement comes after two days of israeli air strikes on gaza more than a dozen palestinians have been killed in the strikes reportedly including children

israel began its campaign following a series of terrorist attacks at the egyptian border that killed eight israelis on thursday to pin the blame on a gaza based group the popular resistance committees for the incident following the first air strikes palestinians responded by launching more than twenty walkout attacks rising tension comes less than a month before a vital u.n. vote on the recognition of the palestinian state gaza based political analyst dr honey alva serves israel wants to sabotage the vote and divert attention from recent domestic on the rest. all palestinian political factions have their mind and a link or responsibility with this attack on the israeli side on the spot this fact we have witnessed last night may military operations against the gaza strip i guess that there is a link between the case of the policy and the thirty going to the united nations next month trying to talk to him but it's nice to see i think the israeli side are

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 a dies i ne palestinian 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 today the israeli government would use the protest in order to support its own to stand against the government it's the opposite case now i see i see now that israeli people would be more united against the palestinians in this case i guess that netanyahu government and his coalition they would use this attack to you might their own a form that is supposed to be able to end the in the their protest inside israel. meanwhile egypt has decided to withdraw its in basket or from israel over to deaths

of five gyptian security personnel in border attacks more than two thousand of gyptian station angry protests outside the israeli embassy in cairo against the doubts the soldiers were caught in crossfire as israeli troops trying to pursue palestinian militants they believed responsible for the death of eight people in an ambush on thursday. coming up later in the program here on r t art and politics don't mix in georgia as the director of the country's state theatre gets this fact many of those supporting him claim it's because he opposed the president. and big business first time job for others but a stunning so for all is r.t. takes you through all the highlights of the mock international air show and here in moscow. a u.n. humanitarian team is heading to syria to assess the situation there while the latest stream of anti-government protests have reportedly left at least twenty

people dead earlier syria claims army operations against civilians had ended meanwhile moscow has rejected calls from the u.s. and urging president also to step down saying you should be given more time to enact promised reforms nevertheless the 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 analyst james denselow says such restrictive measures could prove decisive but do not look realistic. the americans have been very clear they know their implements and ability to change syria behavior is limited they've always said that have to reach out to countries who are closer to syria and russia is one such country and a very important country so i think the americans will now and the european specially really have to work hard to persuade the russians that they are right on syria and that russia is currently wrong so 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 are 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 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 all subordinate 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 felt eventually leading to the collapse of the whole soviet union and to democratic reforms in russia archies tom barton takes a look back 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. 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 look at one reporter defied the k.g.b. officers in his news room. switched on our t.v. camera with the huge much hope of being able to go on air tonight you can see barricades being rich but it got surveys 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 to make 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 move into a road tunnel near the white house some of the protesters tried to stop the lubov come on for some dimitri was safe with a friend in fact he was manning the barricades. for judging by documents that i've been able to see another mitri had climbed on my vehicle to cover its mission slits afternoon that he jumped into the vehicle free a hatchet where he was shot them dimitri was. with 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. we pumped out lead to the picture from a nearby car their poor picture into bottles sets of the most fire throwing them in

the tanks the conspirators already glazing last than. 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 bang orders. my colleagues and i already saw that the coup was labeling so i asked where i got the orders to attack the white house and apprehend yeltsin from a week in the animists he decided he wouldn't do it. as the plotters admitted the bloodshed destroyed that caused the oldest cooper to come close to succeeding but in the end it went the way of yeltsin and democracy tom bottom party. in other news the art world in georgia is up in arms after the director of the country's state puter 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 his rule artists are first takes up the story. all the world's a stage the famous georgian face a director he say brilliantly brought to life many of shakespeare's works on it has been fired from his role as the pride of the georgian feodor robert stewart has been removed from his post allegedly for xenophobic remarks but in fact it was revenge on a political decision we demand that the georgian culture minister restore him 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 not able to understand the needs of the georgian people it was a criticism too far and the government branded him center told him to exit stage

left the many feel he's simply being punished for his anti-government views. for a just to conventions on tour for refusing to support 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 and will stay cool and anti democratic friends of the president's critics being silenced just as when you speak as if roberts through a leaves for a short period of time it will 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 popular faces where he could top spots they

will be lost very heavily felt by many in georgia serve say. well don't forget to go to artsy dot com for the news you want to watch plus check out anything you've missed on the air it's online here's a look at what we have for you today a thirty year prison sentence shocks the u.s. state of indiana the person convicted for murder is just twelve years old and did not even hold the trigger. and not long since two men were mauled by sharks in russia's far east another drawls attack could be coming in the south of the country as a crocodile runs web page from oracle to argue dot com plus watch all of our best radios on our you tube channel. more news today violence is once again flared up. in these are the images the world

has been seeing from the streets of canada. showing corporations rule today. north korean leader kim jong il has arrived in brussels far east by train and is expected to hold talks with president medvedev in a few days greater energy ties are expected to be the main focus our correspondent jacob has more. thought the energy corporations like to be sensual to these discussions indeed some of the present his selfish championed quite recently and when it comes these two countries are always in the background this is 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 wolf packs this is his third visit to russia his first occurring in two thousand and one and i was under the request of prime minister vladimir putin then president to stay

for three weeks came back in two thousand and two it's the third time this time he's been invited by president better facts 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 in space 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 and the first batch of that just arrived yesterday in north korean ports. it's twenty minutes past the hour a look at more news from around the globe live in rebels say they have finally captured the strategic oil terminal of bread in the east of the country they've been fighting for control of the industrial town for the week comes after rebels seized the country's main oil refinery in the city of the territory still under colonel gadhafi control has been increasing dramatically in past weeks with

opposition fighters closing in on the capital. more than ten thousand people have gathered in india's capital to support tradin support i should say a prominent activist say he's in his fifth day of hunger strike he says he is physically weak but will not renounce want to fight demanding tougher anti corruption laws in the country the campaign or started the process in jail after being arrested for planning approach has worked out from the approval czars says indians are fed up with the bribery and favoritism so often seen in the government . at least six people have been killed and fifty others injured in pakistan after unidentified gunmen and bush a bus carrying plainclothes commandos they were heading to carry out a raid following a tip all when they were intercepted by armed men who opened fire vehicles attacked on pre-science 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. abbas 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 the incident happened early in the morning just outside kandahar city on the main road from the capital meanwhile an explosives packed rickshaw and detonated near the vehicle of an afghan intelligence agent killing two and wounding three people. a missing russian communications satellite has been found by the u.s. space surveillance network after failing to separate from its booster rocket the device never reached the designated orbit experts now here at 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 u.s. data to establish a communication link with the express for the 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 salvaged and serve at least a portion of its planned fifteen year working life. the sounds of jet engines have been roaring around moscow over the past few days with flying machines tearing up the skies r t is that the marks international air show bringing you all the highlights. the weather's not perfect but the atmosphere is fantastic here at the annual two thousand and eleven international month so i have a real research show you sitting in a very impressive russian fifty two top of this thing is loaded to the seat of the captain the pilot was telling me earlier it compares to the american apache chocolate or even the cobra but i think this is in a league all of its own he said to me you can sit in my truck with the do not touch anything. it is so so tempting by now

ok we're going to better behave myself the frenchies a hit with iraq filed by the jets the f.s.a. is here as well also the now well famous just debuted a few days ago the russian stealth strike a jet the team fifty sukhoi that is taking to the skies as well lots of people here so they carrying their own brothers they're wearing out iraq's coats and hats but it's still a beautiful day with amazing aviation machinery all around us here at the two thousand and eleven knots international as i know my colleague the teams that you're going to piss going off has this story all the one here all the sukhoi superjet one hundred. only a prototype just a year ago yusuf was super gent he's now officially in business over two hundred orders already built from airlines in russia and from abroad now we have a job that. can be touched and be counted on it and pulled out of a city from asia so we are now looking for double and more that's a multi means to get it posted about the next couple yes days

a joint project between russia's invasion joint sukhoi 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 to 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 interiors on nothing special but pretty simple and modern looking the. luggage compartment so overhead to look pretty spacious start 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 maimane now dated 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 money thing and a couple of little quip those overall saying nifty electroshocks it's developers say they will continue working on the super jet to help it 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 you got this going to r t moscow region. stay with our team throughout the weekend for the best of this year's mox air cell coverage. hands.

off approach. shape our future flights try hard to take to the max air show you. well despite clouds and rain this weekend the russian capital is known for its scorching hot summers and the sun shining muscovites like to keep cool and in a few minutes our moscow team will find out how. a plane trip to the center of the city is one the best things to do on a summer's day the journey off is relaxing the use of all the may just sights and the cold breeze is just have in the warm sun twenty four it is just sort of realized how hot the summers off here in moscow i see was for every one of suncream or second. to those can accommodate the one hundred people this is to get out to

larry if this was a sheltered room downstairs which is who 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. dome as must go out coming up in just a few minutes we're going to take a very short break and i'll be back with a recap of our top stories today returns. lisa

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regards to you live from moscow i mean it's now way with saturday's top story global markets ended the week while of try a massive sell off investors panic over a forecast of recession in the u.s. and europe. the middle east is inflamed one thing again as hamas pulls out of a cease fire a problem of the three days of israeli airstrikes on gaza the exchange of fire between the sides came as israel targeted those inflamed and deadly attack on its territory thursday. that russia marked the anniversary our vote threshold turning point the film by communist hardliners and the bloody resistance of democratic activists twenty years ago that opened the era of a new pope.