if. palestine waits in anxious anticipation for its president to submit a formal request for u.n. no recognition but for many hope gives way to anger the determination of the u.s. to veto the big. fears of a double dip a global recession intensified in the wake of thursday's huge markets plunge that spared no one all the way from asia to debt ridden europe. along with the embattled euro the e.u. strategy of border free travel is undermined as romania and bulgaria are denied the highly anticipated entry into the. land as the u.s. expands its network of drone bases in east africa to target al qaeda critics

highlight the civilian cost of the unmanned planes ahead on pakistan. around the world around the clock this is our team use live from moscow with me research that is a patient is building among palestinians to have a formal request for u.n. recognition expected to be submitted later on friday that's despite a u.s. promise to veto it reports that the security council won't hold a vote on the issue for some time. reports on the emotions and expectations from the west bank. tensions have increased here at the kalandia checkpoint between israel and ramallah the army is making its way here to the border point now for the last few minutes an opinion you have been throwing big stones at the army we almost

got caught on the hit but if you have them here in the police the army as well as general pete everybody you can hear in battle no one's quite sure what's actually going to happen if we go a little bit closer kerry because they don't have a helmet but you know you get a real think of what is happening here there are dangers here have been manning for quite some time his role of course pulling off a lot of the west bank very fearful that it will be wiping demonstrations on to date that historic day in the history of palestine now the kind of thing and by a large heavy holding people demonstration there is a commitment by the palestinian authority to do so they must be president mahmoud abbas of the story could break at the united nations this evening friday the center of the conflict of course the whole issue of land the question of different ways half a million israelis live it is very important in trying to understand the context because the people on both sides of the border and this is what i did. take

a taylor has been farming land deep in the headline hills for more than twenty years he says this land is his and he has the papers to prove that we are the only people in the world that have got approval of document a document that these. in the letter know. they're going to go by. 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. it's a very hard feeling but what can i do. in the resistance forces enough that the surplus is with. the army will come as italy and the rest. the west bank is full of people like jacob and nasser israelis and palestinians both claim 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 but 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 throwing up problems like your one and his wife yell who are now at the center of a major court battle it's not between israelis and palestinians it's a battle between israelis and israelis never was a part of the world where both people of both political. both in your for. the foreign and. growth to

go. that with the. eleven years ago the israeli government not only gave you her number 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 wanted him here has given half his farm to new state as it's ending his way and believes his wife ideology is only part of the story i believe these are many small problem worse than little murphy you can almost say that for them it's american only in making money and greed in real estate development etc whatever the reasons israel says it won't recognize a palestinian state declared at the united nations which means even if the un rules that these rocky hills are part of palestine these clashes will in hindsight be a warning of what was to follow policy r.t. in the headline hills. target has more details on this one are to discuss it with dr sophy a member of fatah the palestinian party that governs the palestinian territories in

the west bank good to see you today so we've just heard from our correspondent and every day insight into how israelis and palestinians are living side by side disputing their wife alone if there was an independent palestinian state how do you think this problem could be resolved. i think there is that is since. the i want to be in six to seven. but it was the. main minted to create. and all of that to prevent this wishing. and get better stephen into going to the state and pushing. those buildings in hot. mostly just in all of them to prevent their own having to go out and given the so that's three years that is

made from beast when the palestinians having their own independent state in one thousand six hundred one about is a vacuum with a different. message that meant. for me the six is a bit more there out there and i think it's right there where they could be they could be trouble ahead if indeed palestine was established as a sovereign state that could be trouble ahead as some say due to the ever expansion oh all of israeli settlements have been going on for years you know they tear down the settlements i want to be done with a settlement that palestinians say are on bare land. but it's the here and in some states accepted agreed to understand. a very very a small a. one or two. as this one. to keep. them in groups

was bought over the years that i listed i'm talking about the blokes even if the palestinians taking lives as well. and the same size and the same value so when the scene is on the stand. a little bit of flexibility but when we're talking about most of the settlements small most of the settlements it created in the heart of the distance if there is. to prevent. a a valuable i bless the ministry if we can think that's what it's talking about it's possible to publish when all the palestinian said i'm sorry to interrupt you but we're not getting reports that mahmoud abbas is not going to push for an instant vote at the u.n. then after night drag on for months is that an outcome the palestinian people could be satisfied with. because the bears this idea

that us even leave the ship decided to go to the u. . because they're doing to one. another oceans they're doing one do was violence as an option they're doing one fear. of violence and before the. palestinians go into you because the freedom from the use this negotiations is very frustrated from the american policy just no to preserve the palestinians and they have nothing to do to in order to preserve the mystery method you know there's a lot of them and to do something so palestinian decided to go to the un the bill is that all the world meeting the the bill is that decided to start with those troublous there is a list that we did as an act of beasts and all of that to avoid

violence that's our right there is what is most of the break that we're accepting but as to mr them and the success of a book that is so we're going to not. just demise there is that is that not true of diminution of theirs and is that we are going to. sit at this time as a member of the united nations all right dr sophy and i was i. thank you very much you would go. of course and we will love you continue our coverage of palestine independence stay with us for all the updates from i'll be put to sleep actually only palestinian israeli border as well as the latest from the u.n. general assembly in new york of course you can always like get all the developments and analysis on our web site that's he taught co. our fear is hoping to create a second wave of worldwide economic recession as asian markets opened with a slump it's after an arduous session on wall street it's the second straight day

of trading after thursday's global markets had their worst drop for a month let's not discuss this with our teaser max keiser the host of the kaiser report and the media world's very own robin hood good to see you act so all we really heading for get another recession. group on the austrian occupy wall street they are demanding a regime change and if their demands aren't met there's going to be more crashes on wall street it's quite obvious. so let's talk about one of the issues here we have been hearing from the brics countries that have said that they were trying to do everything they can to help america and europe who are struggling with debt here some say it's the brics motives or getting some sort of foothold in the i.m.f. your thoughts on that. well it's very it's very problematic there's very little anyone can do since our global debt crisis that hit the wall back in two

thousand and eight and it's still on winding and what we just saw in the last couple of days was an attempt by ben bernanke in the federal reserve to reinflate bank stocks and to reinflate equity markets but they failed miserably because the amount of debt that's on the balance sheet and after the balance sheet is still considerably bigger then what is being used by these policymakers to stop the collapse so the trend will continue max let's bring this into the simplest terms you possibly can here one r.t. when it comes to one talking about the economic global recession of all the world economies particularly in america and western europe are they really one of foot into the grave or is it simply the banks that are struggling to stay afloat because as we know these so-called bailouts for months and months now and i just mean bankers paying bankers. right the easiest way to understand this is to refer to it as a balance sheet recession it's not a recession in the classic sense of labor and products and manufacturing that's not

the case at all this is a balance sheet recession in other words the banks principally their balance sheets are collapsing and it's causing the overall economy to collapse because over the past ten to fifteen years they're real a part of me is now dominated by the banking industry which controls more than fifty percent of the u.s. u.k. and global economy depending on how you account for their activities so when the banks' balance sheets collapse or they're doing now it collapses the global balance sheet and a continuation of the global depression let's talk about the eurozone for quite some time now has been just in a state of a deterioration here we know that greece is facing yet another round of bailouts if indeed it gets approved by inspectors who are descending upon athens or shortly let's address the issue of italy another big eurozone economic member if it's really asked for a bailout what is us well for the health and i suppose the longevity of the eurozone. well it's important to remember that anyone asking for

a bailout is asking let's say the i.m.f. for a bailout and the i.m.f. is bankrupt the world bank is bankrupt and all they do is float more debt to pay off these local countries debt it's a huge debt ponzi scheme it's a huge debt pyramid scheme nobody has the equity to cover the debt and if the country after country falls in a serial fashion let's say greece defaults and italy defaults this is the worst possible outcome to get all because the most global market chaos there needs to be a concerted effort to balance everyone's books and to recalibrate the global currency markets at one time as they did after world war two with the woods there needs to be a new brand would style global conference to write off all the bad debt that will never be paid to recalibrate currencies and to restart the global economy because there's no political will for that however because the bankers would lose and the bankers control the agenda of the politicians go back to this let's talk about that

you mentioned the need for a global concerted effort to ultimately restructure of the financial system of the world but at the end of the day isn't it the hearts of the biking system that is corrupt and used to be totally restructured and some sort of major heart surgery taken place here. this is what i've been saying for years now and anyone who puts this debate in terms of whether they need to be protein xeon or pro austerity is missing the point the point is that without banking reform without locking up the corrupt bankers there will be no forward progress and this enormous debt burden will continue to cause a widescale of poverty and economic chaos throughout the world. that my scars of a host of a car as a reporter live in paris many thanks indeed. try to get somewhere now for analysis on the analysis of the global economic models cross live to our business desk now and get the latest on the numbers and hello to you dimitri i know you're looking at

the board you're watching the numbers so what's the latest you can tell us now well look at them five seconds ago the r.t.s. my stocks are going deeper and deeper into the red there more than six percent now in negative territory and this is all because all as it seemed unsafe are suffering very bad times in russia as markets are indeed in this category i have all on that's all the latest numbers for you in around ten minutes time marie supercommittee many thanks indeed see you then. with r.t. now the two youngest members of the european union romania and bulgaria have been denied entry to the border free zone e.u. interior ministers failed to vote on the issue due to a harsh opposition from the netherlands and finland the dispute has already turning bitter with romania blocking the import of all dutch flour it's in a move to scribe that's an old school blackmail move by the netherlands and i

looked into why the e.u. was reconsidering its core principle of borderless travel. the second zone is a european dream come true a continent without borders 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 through the gates offer him with me in bulgaria also illegal immigrants through turkey will come to bulgaria and romania and then have free access to the showing in countries which is not quite organization in europe has to protect itself and this is more important than people from rural garia 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 should to shannon was delayed when its border with turkey was found to be full of holes if you have countries. who are not doing a lot. recently protect their borders against the influx from from the illegal immigrants in course i mean it will carry on maybe even greece and this not only reasonable to. put harder barriers to these controversial if you want them to give freedom of danish any peace for all parties had previously voiced concerns about bulk area andrew manias entry into saying and they cite corruption and crime as the main reasons and agree with france and italy that the

scheme should be reformed denmark. because they already reintroduced border controls i think we just need to be friends and realize that green has. nationally and knowing relevant in romania and bulgaria 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 and rumania all recognize to have improved border controls showing and members also want them to work on crime prevention inside their own borders before opening them up and that price apart from the destabilizing effect of yet more mass migration in an unsteady europe maybe in the e.u. one specifically worries about remaining and bulk area trying to join the european passport free zone but if the widening of the agreement as

a whole in essence it means trusting this on the. us to make their borders your borders and many wonder if this is why is this special is a time when the rest of the arab countries means thousands of north africa and middle eastern refugees have already found their way to europe no rabbits r.t. brussels. time or for you now to get involved or were eager to hear what you think about the future of the passport free zone r.t. dot com cast your vote and let's have a look at the starts right now here are some of the opinions fairly divided at this point to make sure you cast your vote here almost equal numbers of our viewers are convinced that the borderless zone will grow and the very idea of a free trouble zone will die along with the notion of a united europe almost fifteen percent believe an open zone within the e.u. is a threat to security and should be abolished a little less as a new countries should not be admitted to the schengen zone until the european

economy recovers please do let us know what you think about our city. dot com. much of the media focus on the unrest in the arab world has focused on libya and syria but many western countries quick to condemn. but you know most silent about the violent suppression of protests in places like saudi arabia and rein the british opposition labor m.p. jeremy corbyn it's a double standard explained by western oil interests but i think gender is driven very much by business interests and by all reserves hence the very active participation in libya hence the very. obvious silence concerning saudi arabia and bahrain and in the case of egypt i think they're really very surprised at what happened i'm very i'm sure unsure what to do what he seems to forget is that people in the middle east have very long memories that britain supported mubarak supported

the governments of tunis here and many other places and indeed only three months ago six months ago rather was selling arms and training the libyan army. meanwhile clashes that continue in yemen where the country's president ali abdullah saleh has not returned to the country three months after surviving an assassination attempt he called for a cease fire and the death toll from five days of violence between pro and anti-government forces has now reached one hundred first day fighting raged with heavy explosions and gunfire across the capital sanaa yemen is also the subject of the latest edition of cross talk with our very own peter of. let me just compare and contrast libya and yemen yes we would like to see and not fly zone but we don't want any aircraft to be actually in the in the air hitting in or people are here to you know some sports in the ground that's simply wrong and that is. the key principle here is the people who do the fighting get to do 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. all the aria of the french air force they get to control the country afterwards if the yemenis themselves like the chicks and like the tunisians whatever the political differences amongst them they're the people who get through the liberating and they're the people who get to run their country afterwards. we are moments away from the business news with dmitri here on r t but for now the u.s. is deploying a new drone bases in eastern africa to intensify attacks on al qaeda operatives while the policy is saving american troops it has already resulted in thousands of civilian deaths in pakistan he's a guy in a church camp points. 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 somewhere in the arabian peninsula to enable more flights over yemen and all this as u.s. officials say is being done to target feeley it's in the region drones have become the main weapon of america's undeclared war so it's a new kind of warfare one that the u.s. is waging without sacrificing the lives of their soldiers in a number of countries like pakistan yemen and libya 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 terror at the same time and the question of where whether or not the policies make america safer is very arguable but 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 who find it outrages that with a gigantic get problems sluggish economy and with three wars that han't american officials still lavish money on military projects which some experts say may well backfire at their own security forces are going to record it right there when it's a big day for business news to stay with us to retreat next.

thank you so much russia is seeing another bad day very bad day on us markets heightened fears of a new global recession are hitting the oil price this is weighing on domestic issues more correspondents are you going to live as a. stock exchange in central moscow eager how bad does it look at the moment. indeed it's looking terrible and the news is getting was by the hour now the latest information which we have is that is done by six and a half under my six is done by nearly six point three so it's not actually possible that the figures today will be as low as much of all of that because yesterday one of the markets called by stubborn by eight percent so this is always sure to conclude the worst week of trading on the russian markets this yeah now we've spoken to several experts around here some are saying that these figures are not permanent this is just a reflection of a lack of confidence i would jump in a single market was saying that this is the predictor of

a future crisis either way russia is taking its signal from the trading in western europe where we've seen falls and also the prediction of that the dow jones is going to open badly is going to do badly today as well so i think it's a lack of confidence all around the world but russia is suffering was now the other news is on the ruble it's fallen by fifteen copeck states now thirty to fifteen against the dollar this is a trend that has been going on for more than a week the ruble is the weakest it's been thought to yet so we'll be following this development as well you're looking forward to that thank you so much for your update from the stranger central moscow are you going to go there. all right let's take a look at some of figures just to have a complete picture or was recovering some of its losses after slumping to six weeks lows in the previous sessions and now it's gone back down fresh new lows there. that's the group of twenty pledging to address the rising risks to the global economy not doing much to curb. investor sentiment very fears

over the state of demand for crude like that look at the markets in europe they have slid deeper into negative territory after seeing modest gains early in the session the footsies down two percent. here's a day x. is down three point four percent that's a spike more promises made by major companies major economies and so the latest financial problems in europe fine leaders take a look at the russian figures and as our correspondent mentions going from bad to worse the six point three percent. almost six percent there if you look at the main movers oil majors are of course down rosneft is eight percent lower lukoil shedding four point three percent as burbank is also some of the biggest losers of the day the biggest losing blue chip there is burbank down eight point three percent after plunging ten percent on thursday. all right more on that in one hour's time or see

them. one of the weapons grade plutonium just turned into a vital new resources nuclear waste becomes a fuel friendly to the environment and energy outpost among the ends of the earth russian scientists lead the way in making these innovations are reality the mention of true free from fears of nuclear chemical it's the peaceful revolution it's comic energy on technology something we've done for the future coverage wealthy british style. that. market.