excitement and anticipation across palatine ads we count down for putting in faith begin in just a few hours the palestinian president mahmoud abbas will take his budget to the united nations. bulgaria and romania are denied european these are free travel despite previous promises as some member states say the two countries need to sort out corruption and crime issues. and the looming of this world markets are in for a second day of the client in a row with american and asian stocks leave islam live picture prodding fears of a double dip recession.

as one pm in the russian capital you're watching r t a marina joshie his series being made today in new york as palestine prepares to hand it its formal request for u.n. recognition in just a few hours but it's left the world divided was many throwing their support behind palestine while an isolated us threatens to veto the bid on the grounds israel hasn't approved the move our disposal your has more on the emotions and expectations of palestine from the west bank. history in the making that the media get here in palestine as palestinians prepare for this historic but for statehood at the united nations tens of thousands of palestinians are expected later today here on the streets of ramallah and also across the hall with a bank there are huge stages that are being prepared with big t.v. screens up of four parts live the speech of the palestinian president mahmoud abbas later today now this is a moment to palestinians have been preparing for for years when you talk to

palestinians here they say that this is the culmination of decades of struggle at the same time what we expect to happen tonight is that the palestinian president will give a speech at the united nations general assembly so too will be israeli prime minister benjamin netanyahu abbas is going to go with his good to the united nations security council despite pressure from the american president barack obama not he do so and in fact the pressure from the united states has angered and disappointed palestinians many of them saying that they feel that obama's speech on wednesday was overwhelmingly in support of his role for this good does change the ground rules with many observers here saying that it heralds in a new time in terms of palestinian commitment to nonviolence we expect of us in his speech to talk about the fact that decades of negotiations with the israelis have yielded nothing in fact but many here say it has only resulted in israeli settlement expansion we also expect him to be assured both palestinians and the international community that the timing is right and that the palestinians are

committed to a palestinian state that will co-exist peacefully alongside israel the center of the conflict of course the issue of land the question of this one and we've come upon a million israelis live it is very important in trying to understand this conflict to talk to people on both sides of the border and this is what i did. has been farming land deep in the hebron hills more than twenty years he says this land is his and he has the papers to prove it we are the only people in the world that have got approved you want a document that this. internet you know it as the. book. but not so russia makes the same claim he insists the land has been in his family for some eight hundred years but now this is the closest he can get to it and it's eating him up watching jacob farm it. it's a very hard feeling but what can i do and i think what even if we resist with force

it's enough of a surplus as we said some in the army will come immediately and arrest us. the west bank is full of people like jacob and nasser israelis and palestinians both laying claim to the same piece of land. almost weekly angry scenes like this dominate the landscape and especially now as palestinians head off to the united nations the clashes are becoming more violent it's one thing to declare a state and another to determine where its borders will be this fence cuts through your calls farm meaning that right now i am standing inside palestine and as i walk through here. i'm now in israel and for as long as the borders remain disputed israel's taking advantage and sending its citizens to settle the west bank so it has a stronger argument not to give it up but it's storing up problems like your one and his wife yell who are now at the center of

a major quarter battle it's not between israelis and palestinians it's a battle between israelis and israelis would never was part of the war. and both were. both in your kids and their birth. or both. cried through. thirty of the. eleven years ago the israeli government not only gave you an under slanted farm but helped him as much as it could he was the only israeli in the area at the time but now the same government that wanted him here has given half his farm to new state has it sending his way and believes his wife ideology is only part of the story that i believe is a management problem or a small little murphy you can almost say that for them it's about him only in making money and greed in real estate development etc whatever the reasons israel says it won't recognize a palestinian state declared in the united nations which means even if the un rules

it is rocky hills are part of palestine these clashes will in hindsight be a warning of what was to follow policy r.t. in the hebron hills. much of the palestinian justification and bring their plight to the united nations is due to two decades of fruitless peace talks constantly interrupted by the expansion of israeli settlements that's according to palestinian m.p. dr mustafa barghouti who says the only way to and the endless cycle is to talk to israel not as a junior member but as a full fledged nation. we cannot stay within the ranks of the useless negotiations whatever twenty years have been lost without any progress because of israeli policy and because of israel's obstruction to peace even president obama himself a year ago in the same united nations said that by two thousand and eleven

palestine should become a full member of the united states we are already in two thousand and eleven and none of that has happened meanwhile while you can agree futures were happening israel was an excellent go people he put it to good step by his third piece by piece by the end there would be nothing left to negotiate about israel has created a situation like two sides are negotiating over a piece of cheese one side the palestinians are just looking at and they're israeli side is eating good piece of cheese at the end of the day as i said nothing would be left there we are going to be one and creating a new dynamic and you've got a dime because ron popeil the world that we cannot accept to steer to steer clear of the full completion of apartheid system and that we will not accept understands and give tours as a substitute to the unstick in reality this is not our fight about the goodness in all of this theater of not it's about whether we have a real sort of street that can be viable contiguous and part of world peace or we

will be maintained and kept in prison like it is or done for stones under israeli here's your money and control. coming up in a program here in r.t. american eyes on african skies as the u.s. fills up its squad grounds critics say it's a chance to make the world safer or we driving working towards terror. a much desired and turns to the european passport free zone for many and bulgaria has been blocked by some e.u. members and it concerns of high crime and lax borders as it is war and reports after the arab spring countries have been reconsidering their own frontiers. the schengen zone is a european dream come true a continent without porters freedom to travel live and work across twenty five countries but attempts by bold garia and rumania to join have been a wake up call some are now convinced it's time to shut up shop organized crime

will also enter through to the gates or for him to me in bulgaria also illegal immigrants to turkey will come to you gary in romania and then have free access to the showing in countries which is for the court organisation in europe has to protect itself and this is more important than people from bulgaria or romania travelling with a visa and having border control it's a question that's more relevant now than ever france and italy fell out earlier this year when hard pressed italy issued more than twenty thousand refugees from the arab spring with six month residency permits giving them permission to travel anywhere in the e.u. both countries now want internal border controls strengthened and those are just the legal migrants but there's also the question of illegal immigration bulk areas access shouldn't a shotgun was delayed when its border with turkey was found to be full of holes if

you have countries. who are not doing a lot. to raise. their borders against the flow. the from from illegal immigrants to think or. maybe even greece and this is not the only reasonable to put horror story to these countries if if you want to give freedom of danish peace for all parties had previously voiced concerns about bulk area andrew manias entry into shanghai and they cite corruption and crime as the main reasons and agree with france and italy that the scheme should be reformed denmark has already reintroduced border controls i think we just need to be friends and realize that green has. rays of criminal activity nationally and knowing. in romania. you have to be very naive not to see that this race will be even higher if if the border control was abolished true

these countries as well although paul kariya andrew mania all recognize to have improved border controls and members also want them to work on crime prevention inside their own borders before opening them up and that's quite apart from the destabilizing effect of yet more mass migration in an unsteady europe maybe in the e.u. one specifically worried about remaining poke area trying to join the european passport free zone but if the widening of the agreement as a whole in essence it means trusting the. north to make their borders your borders and many wonder if this is wise especially as a time when the rest in the arab countries means thousands of. middle eastern refugees have already found their way to europe you are at it r.t. brussels. more stories for your view on our website at city dot com let's take

a look at what's there right now. an internet sensation dancing man a you tube. are famous for making moves all around the world waltzes into russia is saying that is work for a new episode of travel series. and the world watching where the six down nasa satellite is going to come crashing down as the latest predictions suggest it's italian soil that's likely to suffer the impact. if. the. asian markets have opens with a slump on friday farly an arduous session on wall street it's the second straight day of bad trading after thursday's global markets had their worst drop in a month that prompted the financial leaders of the g. twenty group of major economies to issue

a statement saying they will take strong action to counter the debt crisis combined with a series of grave warnings from the us federal reserve and the international monetary fund the spark concern of a double dip recession being just around the corner and its arrival is inevitable says patrick young who is the executive director of the investment advisory firm t.v. advisors. and loves to look at it in the united states of america growth is basically only match in europe groups is very low or it's going backwards in all of the injury economies and also we've got this terrible terrible north side issue with the likes of greece and if you look at somewhere like china which has been a huge engine of the global economy well they had some pretty. numbers come out and that too is leading to a big fear that maybe china is finally hitting the buffers at least for the time being it's had a huge credit expansion in the last two years looks really rather like europe and

the u.s. looks in sort of two thousand and five two thousand and six two thousand and seven and i really fear that i mean if we see that happening in china then ultimately overall the world economy is in for a very very difficult year and told you twelve. countries from the brics group of emerging economies may give aid to debt ridden european nations although no joint initiative is planned they've agreed to do what they can asia times correspondent pepe escobar says the blocks seizing an opportunity to gain a political full hold within the international monetary fund and what the brics want is more participation at the i.m.f. . some numbers are essential. europe is still the largest economy in the world around twenty four percent of global g.d.p. and the greeks they are at twenty one percent in rice but in terms of the i.m.f. gloats greeks have eleven percent in western europe have slowly two percent so

if europe wants some help from the i.m.f. and if the brics several more see the larger holders of the i.m.f. you can see for instance china brazil or india putting more money where they are more or stakeholders at the i.m.f. and then does the i.m.f. distribute this dismally to european countries that this is not going to happen to morrow or even next year even. this or a reform of the i.m.f. which is before. guess what the europeans and the americans. have a scar there as well for further analysis of the global economic outlook let's cross to our business desk or the latest we have what have you got for us hovering a lot of rushmore this are still trading in the red with. almost that's two percent european markets are there much better and have now moved into positive territory but there is still a lot of pessimism around having said that we have experts that say russia is

better prepared to handle and now the financial crisis if it of course comes down to that i will tell you all about that in business shortly. relations between the u.s. and pakistan affair and new low after a top american military chief excuse pakistan's intelligence service are supporting a group behind last week's a tap on the american embassy in kabul and islamabad a strongly denied claims assistant editor of antiwar dot com john glaser says the u.s. wants to be recognized as the world's policeman but turns a blind eye to the violence it causes itself. well i mean it's for a long time it's been recognized by sources in government and outside that the pakistani government in this specifically the i.s.i. has some ties to various militant groups in pakistan the problem is that the u.s. has dealt with it for about a decade until now and the reason is that they're they're getting all riled about it now is because they're losing in afghanistan the u.s.

government is being a little too aggressive i mean they're upset with pakistan for what they call a proxy war through the network into afghanistan but the u.s. is running their own brutal war in afghanistan the afghan national police. have been which is the group that is funded in trained by the united states government they have been terrorizing the local communities and villages throughout afghanistan for years human rights watch just came out with a report condemning them for the killings illegal detentions of rape murder abductions so on and so forth and so that's a proxy war what's strange is that when the pakistanis do it it's the u.s. calls it terrorism and when the u.s. does it it's called counterterrorism so the relationship is inherently contradictory and they're both playing the same sort of bad game. the only question

is how many more civilians have to die for these two to sort of level their power play one of the stumbling blocks and us pakistan relations is that american drone attacks on al qaida operatives on pakistani territory continue resulting in civilian deaths however the u.s. military considers them so effective that it is building and number of new drone bases in worry about africa and the red buttons are he's going to count reports this policy is kind of merica in a vicious circle. the u.s. is aggressively expanding its drone war by setting up more and more bases for those unmanned aerial vehicles or the u. a.v.'s they are armed with laser guided bombs and air to ground missiles and network of those drone bases is unfolding in east africa ethiopia is hosting a fleet of country killers as they call them in the military a similar installation has opened in the seychelles a new base is under construction. in is to look to enable more flights over

yemen and all this is u.s. officials say is being done to target al qaeda affiliates in the region drones have become the main weapon of america's undeclared wars it's a new kind of warfare that the u.s. is waging without sacrificing the lives of their soldiers in a number of countries like pakistan yemen and leave you for that matter in pakistan for example u.s. drone strikes have killed thousands of civilians and have netted only a handful of actual terrorists many of the victims' loved ones seek revenge often by joining radical groups so it's like a vicious circle when the u.s. seems to be fighting terror and provoking care at the same time and the question whether or not the policies make america safer is a very arguable put on top of the human cost and the boomerang effect of those often indiscriminate strikes there's also the price tag of such rapid drone expansion we're talking about billions of dollars of u.s. taxpayers money at a time when the country's on the verge of another recession when fourteen million

people are jobless and one in six americans leaves on food stamps and many here do find it outrageous that with a gigantic problem sluggish economy and with three wars at hand american officials still lavish money on military projects which some experts say may well backfire at their own security. and alice take a look at some other stories from around the world thousands of students have clashed with police in the chilean capital santiago. demanding education reforms forces fired tear gas after coming under a hail of stones at least one officer was injured the move comes after a government to go she is where the students broke down the country has been seen demonstrations for months. thousands of mourners have gathered in the afghan capital for the funeral of the former president's rabbani ceremony was held amid tight security following fears it could become a tera target rabbani was assassinated on tuesday by

a suicide bomber who claimed to have been a taliban amboy and hidden the device and his turban. yemen's president ali abdullah saleh returns to the country three months after surviving an assassination attempt at comes as the day after five days of clashes between pro and anti-government forces has reached one hundred people on thursday fighting raged with heavy explosions and gunfire i crossed the capital sana'a and the situation there will be up for debate in crosstalk at twelve noon g.m.t. as peter lavelle asks his pal of gas if foreign intervention could solve the crisis here. the yemenis do have the power to suckle occurrence with the seller to take the ship and the key principle here is the people who do the fighting get to the running of the country afterwards we've seen it again and again if it's one hundred first airborne or u.s. a.f. or the r e a f l the french air force they get to control the country afterwards

the yemenis themselves likely chick from the local traditions whatever the political differences amongst them they're the people who get the flu the liberating and they're the people who got to run their country afterwards. all right we're up to date and let's now get more on the economic slump that has hit markets across the globe business news next with marina. hello and welcome to business here on r.t. global economic uncertainty has pushed the russian markets syllables of since two thousand and seven but this may not be the end of the slog as investors are waiting for a clear on our policy response in the us and europe or from more or less i'm now joined by ben our sensor in chief at a business in europe thank you so much for joining us i want to ask you how much does the market performance right now reminds you of two thousand and eight well

partly because it's a very bad sell off entirely and so much as i don't see the panic i think is more a flight quality of safe haven such as people think exists because of the under certain theory and we're facing at that time for greece in three weeks time there is a real possibility that they default to this and disorderly this for that then spills an army into the rest of the periphery of europe but also into the heart of europe you know putting french or german banks under a lot of pressure which would lead me capitalization and that's a major financial crisis in europe consequently you're looking at emerging markets research as a parent be seen as less safe people are taking what my parents are cashing it somewhere in the head of what it could be a really nasty turtle. bubble do you see as another recession and leavitt's of all could the world escape i don't know it's inevitable it's all i mean the way i say maybe recession certainly there's going to be a slowdown i mean we're suffering a huge global crisis of confidence here but the particular months emerging markets

i mean their action growing quite strongly are not as strong as they were in the boom before this crisis but nevertheless a fact that here is recovering economy is growing it's actually better than was expected at the start of the we've been adding even deficits and so the companies it's not clear russia are saying that you know our business is very solid and we're very optimistic. biggest worry is what's going on outside in the developed world that's where the source of the problems are. come back to russia for a second if we don't see. brownstein how could it affect russia. so any contests risk of contagion and any i mean the two thousand i cross and showed and that's what surprised everyone how integrated pressure is in the global economy america was the main impact will be transmitted what happens if your price or if there is a major crisis of poor prices that will put russia out of pressure but again i

think it's relatively limited i mean the channels of contagion are. really world not much else not it's not for the ship applying some of those things but you can. see that all of the markets there's a question if i need to be a billionaire. i mean the analysts talking about one thousand the earth yesterday i think it's around thirteen hundred from a peak around two thousand one hundred and here and there as the saying you know with oil going to sixty seven thousand then the absolute bottom was set in two thousand and five hundred but even that was caused by panic selling margin calls with banks that meant to their equity prices and for selling the debt profile of russia's border was it's much improved since two thousand and eight and so we won't have these margin calls but we won't have this panic selling so to me with the ratios press earnings ratios around fall really it looks extremely cheap looks very first of the battle ready and the how long the thing the can expect this volatility

to go on until europe resolve this problems i mean what are they going to do with greece what are they going to do with them in the basic fundamental problems in in europe need to be addressed and decisively but until there's some sort of certainty what mechanism the bailout funds to underwrite future problems whatever is. it could be a complete several years until there's some sort of resolution thank you very much status and she thought business in europe thank you so much for joining. and now let's take a look at the latest figures in the markets will start with oil which is trying to recover some of its losses after a slump in suv and six week low we can see right there this sentiment is supported by the group of twenty plants and so dress rising risks to the global economy. trading at around eighty one dollars per barrel while the brand blend is at our roughly one hundred six dollars a barrel and said look at what's happening in europe markets there are cautiously

positive after heavy selling in the previous session rights are leading the gains london's folk see twenty five percent unemployment acts as are almost the same it comes after a lot of promises are made by major economies to put an end to the latest financial problems in europe. and it's a different picture here any rush of the my sachs is losing over one and they have percents over one point floor percent actually it's the r.t.s. that's losing over one and a half percent and let's take a look at the end that's movers on the my six majors are down across enough continues that smash into the right local has also slipped into negative territory and russia's biggest lenders burbank is news in one point three percent and that's after seeing almost ten percent on thursday. russia is without investment fund digital sky technologies and spine a stake in china's the largest economies group the s. he is part of a concert team that's a group think vast one point six billion dollars in the early ball but in return

for why for size of the company. and also business looks this hour the headlines are next with marina. the looming.