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tv   [untitled]    August 16, 2011 12:01am-12:31am EDT

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everyone this is live from moscow path to take office tuesday and. becomes the runway for the wilds of aviation the annual max i will present housing as technologies that's a mars chapel as well top gun pilots but there are a crawl through that paces with some spectacular aerobatics. after what some of them to us. here at the cuban air field this tends to two of the most famous aerobatic teams in the world even in a dress rehearsal there's no margin for error. today's one of the last chances for the russians and the swiss to practice their new program ahead of the marks show performance. to show stopper the trademark nine plane diamond of two very different aircraft delight them exam formation with.
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their own from below the force jets looked in perfect sync but as the pilots touched down tempers run high. that's normal everybody cares we're all in the mood to work we all want to put on a great show. but these pilots don't think of themselves and the trainers they're serving officers the flying elite hand-picked from bento russian air force the best technology develops. a new was being abandoned in favor long range missiles and advanced trade. so. these demonstrations of piloting prowess just becoming a side show was right. richard so i don't think so at all the real war critics could often be jammed so we would go back to who sees whom and how they can respond to the situation skills will never become up. late enough to go again
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practicing for. only. old fashioned dogfights might not be as big a part of combat as they once were but here they're keeping the live. field. squad head for the free video. cameras of course the breathtaking pilot performances for yourself online. throughout the week. as well as in touch with the movers and shakers in aviation.
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the future. then go dutch energy shell has been forced to admit that more than two hundred tonnes of crude oil has leaked into the north sea it's said to be the worst spill in british waters in more than a decade it began last wednesday but it was only knowledge by the company two days later and a monthly from the u.k. based people and planet student organization think shell and the government have been complicit in oil industry cover ups for ages. i think the people who are used to dealing with cho wouldn't be surprised at all about the lack of communication it's worth remembering that it was only a few days ago that they admitted after years of lawyers and cover up their role in the enormous spills across nigeria this company has never let the truth or in fact
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people's lives or be environment get in the way of getting the way of their profit margin so so i think we certainly don't know for sure how bad it is but we do know that this is a serious spill we know for certain it is the worst spill in this country in more than a decade i've seen very little coverage of this at all and i'm saddened to say that i'm not at all surprised how little coverage there has been of this also as i said it's the biggest in ten years but it's important to remember that the government and the scottish government have both got long histories of being hand in hand and in the pockets of the oil industry in this country and so with the government to the only other potential monitors of this doing everything they can to keep it quiet in the shell particularly not talking about it it's not surprising that the media covering it again and again not surprising but very sad as this is a major incident really not reported in the u.k. press now with america's debt stray and its distressed dollar more and more
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investors are turning to the shiny stuff gold's fetching record prices right now industry analyst scott carter told r.t. that the pressure of precious metal will continue while the u.s. struggles to get its house in order. objective was to make the dollar stable for the world we did not achieve that and as a result what you're seeing because of the boom bust cycle inflation the devaluing of the currency you're seeing a move back to the gold standard even though it's not official you see gold increasing in value you see individuals sovereign nations and central banks purchasing gold as a way to hedge against the dollar with the dollar as the world's reserve currency there has to be some sort of consistency to its value day to day it can't be worth less tomorrow than it is today otherwise the means of which we measure goods and services is subject to the whims of the federal reserve of the us and i think the world is is skeptical of that so whether we have a gold standard or not if governments don't figure out how to spend or live within
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their means you're going to continue to see gold take the lion's share of the increase or the appreciation and you're going to see currencies like the dollar decline in value when any hope of a swift payoff for the trillions which america is like a long way off according to some economy watch says they say that's because lawmakers are addicted to borrowing. well let's understand first of all these people do not want to restrain debt they do not want to restrain spending both parties are dedicated to both parties or all of the economics of john maynard keynes they believe in spending they believe in the dollar has been plummeting in value it's going to continue to plummet in value and what the federal reserve is doing by holding interest rates near zero which the crazy keynes had advocated back in one thousand thirty six was wrecking the future of the economy everything they're doing is a negative and both parties are in cahoots with the goldman sachs and j.p. morgan and citibank and bank of america those sorts of institutions against the
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american people nobody could be trusted with the power to destroy print. unlimited numbers of new hundred dollar bills in your basement and spend them on what you want well it would reveal of course absolutely the bankruptcy of many financial institutions but in order to get out of a depression the only way to get out is to liquidate the bad investments not have the government tax regular people to bail out the toxic assets of the big banks we have to have bankruptcies once we have bankruptcies and we have the return of reality then we can rebuild but as long as we have this phony baloney system punishing the average person for the rich guys connected to the government we're going to have more and more trouble and making this hour a look at why the only way out is an exit from your economic crisis. from spain where growing numbers and the whole still. sounds i want to thank again to get a grip on the mounting debt i'm touching on i'm finding. in india
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not everyone benefiting from the boom with some people tragically selling that body polish to survive and the illegal grim organ trade is striving because dane is a hard to come by his parents who just discovering. cala a room again is alone in her tiny empty apartment in chennai like many indians who struggle to make ends meet kala is constantly in debt despite selling pretty much everything she has including her own kidney. i went to group her he told me that i could sell my kidney i agreed because i was in a bad situation and my children were small we did not even have any food to eat when the two thousand and four tsunami hit the coast of south asia kala was one of hundreds of thousands of people who lost everything in order to get back on her feet she got a loan that she was later unable to repay. and we had
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a lot of debt i had to borrow money to buy the fishing boat the people i borrowed money from started asking me for money they said they will come home and embarrass us if we didn't pay the money desperate and vulnerable tsunami survivors soon became the perfect targets for the illegal organ trade in india it's become known as the red market every year one hundred thousand indians need organ replacements a demand that drives an illegal supply with some organs even being sold to a small percentage of desperate transplant tourists in one thousand nine hundred four the indian government hatched a lot meant to regulate organ donation in this country each recipient was supposed to get an organ from a donor who was in some way known to have even though each transplant was supposed to be approached by a committee of doctors it's almost impossible for anyone to stop money transactions from happening under the table in general when a recipient finds out that he or she needs an organ donor they normally approach
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friends or family for a match and when those options are exhausted rogue doctors or hospital staff can introduce the recipient to a broker usually a former illegal donor too who can scout nearby poor neighborhoods for someone who is willing to see. well their kidney and go under the knife they are necessary for through by good news for the most a part of it's a this. is the law. of also a blind eye to this happening to transplants from the donor to the recipient take place in the hospital simultaneously the donor ends up making a little over a thousand dollars while the brokers can profit almost double that. i went to the broker he said he will give me fifty thousand rupees for my kidney it was supposed to be much more but the broker cheated us the donors also frequently are robbed of their health while before i used to run them around and work
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a lot but now i can do as much work as they used to i find it difficult even to leave the point of what i can go to work i have severe pain in my abdomen and my chest. and while horror stories of the red market are exchanged among locals those with no options left are forced to take extreme measures sacrificing their health just to stay alive preassure either r.t. chennai india. well more from prison sizing to india on our website where lining up mornings on the reality is that r.t. dot com to here's what's there right now trying to account for two survivors of the massacre on norway's toyah island teenagers tell how they tried to stop on the benefits run page also. soviet military secrets for the chinese dragon why ukraine is seeking to sell its sign of planes tanks and advent systems more on that and all the other stories we're covering at r.t. dot com.
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now the trial of the former egyptian president hosni mubarak has been adjourned until early september the judge also decided that the herrings will no longer be broadcast live on television it was the second appearance in court from the barrick again in a hospital bed alongside two of his sons he and his interior minister face charges of corruption and ordering the killing of protesters in fair breeze al prizing outside court thirty people were injured by supporters and opponents of former president threw stones at each other asia times correspondent have a escobar says although the trial itself while unlike a step forward will regime change in egypt isn't done whale. the fact that mubarak is in a cage and he's been on trial that this could be the beginning of the new middle east but we don't know what's going to happen deal actions because if dearie jeem
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trial skinny your actions if we have somebody like the airports a new study released a former secretary of the arab league or even mohamed el baradei it was called those who are doing muslim brotherhood or even another candidate which is a region candidates revamps and we've good p.r. are right some fairly new washington d.c. for instance we all see sense to change and this is what the real square protesters do will be with their eyes full loser full course on this trial at all times. the european central bank has revealed the details of its emergency operation to save italy and spain from the debt crisis it spent twenty two billion years on government bonds with outside of tuesday's meeting between nicolas sarkozy and angela merkel another attempt to stop the crisis from spreading. reports hopes of survival within the usa are fading in spain. some work to live
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others live to work hockey market combines the two today he and his nephew run the picture framing shop set up by hawking grandfather almost a century but the family firm is in a rough spot. like all in spain my business has been struggling although it's not visible in all areas of business times have been very hard. consider this unemployment at more than twenty percent one of the highest in the eurozone again soon sovereign debt ever crossed their bonds and the country's problems don't stop there despite being the fourth largest economy in europe spain is definitely feeling the bite of the credit crisis and that many ask the question is the eurozone such a great idea after all the answer may just be no the country's rating has been downgraded twice in september of last year with moody's agency threatening to do so again in the future in fact some in spain believe it best strategy in the current
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climate may be an exit one. this would give us a certain autonomy it would affect positively internal processes in the country the purchasing power would give citizens access to all sorts of benefits and would have been good for the wages very well could lead to the improvement of situation in spain. a key factor here is distance while the spanish struggle with debts and unemployment their fate is largely being decided by the masters in chief in brussels. what we're witnessing here major internal problems which you cannot solve. because it's outside of the e.u. competence they have neither the finances nor the labor capabilities to help spain of course many people are unhappy with the place spain takes in the european union . but who took him isn't losing hope that his country and his business will eventually climb out of the slump. of course it will stay. lies in the end it's the
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small businesses like mine that will do the job especially because three or four people take work closer to heart than large corporations something which me only be possible if spain quits the floundering federation of it erodes own and puts its own house back in order even to those core tea goodridge. losses financial pundits and kaiser is across all the developments in europe and the latest kaiser reports here in three hours time. ok let's get a look at some more international news this hour now with thousands of palestinians who were forced to flee a un camp in the syrian port of pataki shelling by government troops the latest military assault into rooting out protesters this came to around thirty license today this report rounds of gunfire raids and house to house arrest on monday the
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violence toward city itself to gunboats george troops attempt to cross a five month long op rising against president assad's. an australian man has been erected in the us in connection with an attack on a sydney teenager in which a fake bomb was attached to his neck a mass man that broke into the girl's family home and chained to her device for ten hours before a bomb squad was able to free the victim the girl was not hurt and the device was later found to contain notes. police will seek the man says tradition to australia for trial. now poll after poll in the us showed that a growing number of americans think it's high time to lift the embargo against cuba it's been in place for over half a century and was designed to bring down that fidel castro but it's cuban citizens who suffer but despite political promises from president obama downwards it seems the powerful anti castro lobby won't let the embargo drop anytime soon as they came
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forward investigates. cuba ninety miles from america's shores and for fifty two years a world apart following the cuban revolution in one thousand fifty nine the u.s. imposed an embargo on all trade investment in travel in an attempt to bring down the communist government official castro the sort of the cubans who fled the island for the u.s. push to keep this agenda alive and so the intake castro lobby was born to give a lot of us elections are in fact privately financed so they've been able to figure out how to play the games even though there are a small percentage of the population they play. very big in a key swing state polls consistently show that two thirds of americans favor ending the embargo and normalizing relations with cuba and some in congress agree it's about time we talk to cuba and still stop fighting these wars in about thirty or forty years or anti castro groups have given more than one point seven million dollars in donations to federal candidates from two thousand and four to two
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thousand and ten more than half a million dollars in two thousand and ten alone to both republicans and democrats and sharing u.s. cuba policy remains virtually unchanged ground offensive military equipment and that it will enhance the effectiveness of the embargo the united states will keep the embargo. fewer than one percent of americans are of cuban origin and their journey emigrated before the end of the cold war and like the rest of the spanish population in the u.s. fifty eight percent of cubans are u.s. citizens cubans who arrived in step. beaches in south florida are on their way to citizenship haitians who arrive and set foot on the beaches of miami are on their way to a detention center in deportation cuban americans are also a force to be reckoned with in congress we definitely are the most over represented community in congress with two senators and four representatives we say. including the chairman of the house foreign affairs committee ileana rustler and i
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welcome the opportunity of having anyone assassinate fidel castro and any leader who is suppressing oppressing the people they have powerful political action committees behind them like the us cuba democracy pac the number one campaign donor in two thousand and six with more than five hundred thousand dollars our communities very focused and it's very concentrated in florida in jersey therefore we really have to make an effort to get out there and create the relationships. socially and agenda that has been known to change many politicians minds including president barack obama. you know obama changed his mind while campaigning before the cuban american national foundation. but while the majority of americans favor ending the sanctions against cuba or even protesting in the streets i think. they have yet to match the strength of the intake castro lobby given ford r.t.
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washington d.c. . and in just a few minutes we try and get behind one way england erupted in violence first they were places up they were to me. good morning and welcome to business r.t. well as alice told you earlier moscow's international show takes to the wing in a few hours the organizers expects more than ten billion dollars worth of contracts to be signed over the next few days the russian government will be the biggest buyer with a majority of deals in the defense sector also the country hopes to sell one hundred of its new medium range passenger planes like this in four superjet for producers boeing and airbus expect no big deals at twenty eleven however boeing has been talking up the market here saying it expects one hundred billion dollars to be spent on new aircraft in russia in the next twenty years. russia saw weekly capital fund outflows jump over ten fold at the beginning of august to four hundred
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fifteen million dollars many believe russia's upcoming elections are starting to influence investors' minds but. also capital believes that politically there is little to worry about. there is no much of an interview with the consumer. because well we have two candidates one of them we will go for the we here in washington don't really see much difference between the two all go in though that in the words that many people used to me do it because the more liberal politician here with vision looks like i mean the recent economic and political development course. weans the elections will be the guy who implement that in the future so that's why i think that there is not much of a certainty here the reason that much of the talk to play in the world terms of. let's take a look at the markets now with commodities crude prices
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a slightly down after seeing some overnight gains in the us light sweet is thirty eight cents lower brant is that one hundred nine dollars sixty five cents per barrel. precious metals also flat to negative this gold is down by just a notch sylvanus losing one third of a percent. asian stocks adding to gains in previous sessions following a strong showing in the us technology firms are among the main performers on the nec it was only up around one point two percent meanwhile energy producers see the stronger gains in hong kong's with c.n.n. see. of a percent. in moscow bosses will start trading in around two hours time they closed really strongly up monday with energy and mining stocks among the best performers the r.t.s. gain almost four percent my sixteen point seven percent. on the markets are heading for new gains as concerns over two thousand it's really run haven't been realized
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at least for the time being and they're going to from nation's capital explains the difference between recent market volatility and the latest financial crisis in two thousand and eight. a lot of these are behind us and people are looking at two thousand and eleven and see that is not two thousand and eight. reasons first of all there are no losers in the economy yet the second thing people are still cautious and you know this too would have been east of two thousand and eight remember you know that created the leverage is bad so there is not a lot of leverage in the system and finally this time what we've seen spiking that . we will see other come with. against the dollar as well this is what we are watching over the people are still aware that the paper money are not the solution to the current problem so that you know choosing to run for come while it is eventually they will go for stocks because stocks are not completely paper money they're in the stocks so this is
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a thing stocks are much more safer than you know in two thousand and eight. in this program russian shareholders and taking their british counterparts back to the stock obama trace tribe you know wants a final ruling on whether b.p. broke the shareholder agreement by trying to organize the arctic exploration share swap deal with ross they have to go for a lawyer and three goals but is confident has a good case. as long as they're all sniffing approaches b.p. b.p. should have told us nerved you should have approached first in key b.p. the federal sniff approaches b.p. it's opened. the door for ten key b.p. be part of the deal this is going to prove to be a poor that looks. and that's from this edition of the business news on you can always log on to our website come forward slash business or join me in fifteen minutes time for more analysis next with the headlines.
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closer. approach. on shape the future flight. our team takes
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to the air show. thank.
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you.
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examples now are most of this is see aviation enthusiasts from around the world down there in moscow where an airfield is the stage for the latest technology it's the tenth. which is also renowned for expect time in the form it says by russia's premier pilots. energy giant shell on the bush government's being accused of trying to play down the scale of a major oil spill off the coast of scotland more than two hundred tonnes of oil is the will to have spewed into the north sea following a leak believed to be the country's. decades. and india's becoming a global marketplace for all goods that the old forwards are accused of turning a blind eye in the thriving business.

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