a very warm welcome to you this is from moscow with me will receive the french and german it leaders are due to meet him paris so you have yet another go at stopping at the eurozone debt crisis from spreading the worry is that italy and spain it may be next in line to fail while france is also battling to keep its credit score from being downgraded daniel bushell is in brussels. the magic pill that supposed to spread the euro across the european union is something called euro bones that in effect would transfer northern european stability to the states it would create a single that people could fall into the supposed would be do they call them investors to show that there is a united front and the strongest states. in solidarity with the. periphery countries like greece portugal spain and italy now germany for reasons doesn't want to discuss it particularly at the moment it doesn't want to lose its hold the

reputation as a reliable. signing up to this and it has actually said the euro will play no role in the talks today some investors a bit surprised because growing numbers the thing that is the only way to save the euro now influential investors like george soros a political in greece should leave the euro and eurobonds all the only way out now even germany is already being felt into the crisis growth of its economy. just one percent in the second three months of the year which suggests that the euro debt crisis is even bringing down your biggest economy. bushell right now later this hour here on our look at how i deep debt is fueling a new gold rush across the atlantic as there's no end in sight for troubles for the u.s. dollar some say it's time to stop the printing press and return to precious metal plus. in our business program the dax is down two point two percent dragging with

other financial markets as investors sell stock worried about the health of europe's the largest economy more and that's. the aviation world's high flyers are now hitting the runway at an airfield in the moscow region where this year's international air show has taken off. two thousand and eleven promises cutting edge technology for both civilian travelers. while top gun pilots putting planes through their paces with some of spectacular aerobatics aussies are there for us right now feel free to talk to her and oh dear so you found yourself a toy how's it going to the much. i did you can hear it's pretty noisy i'm just trying to get a good shot for you when we have a good shot of the air show which is beginning right now i'll have the camera pan over but yes it is getting quite exciting here it is the tenth the max air show and of course they are here to showcase their technology new innovations and there's

a lot of built up tours of russia unveiling of the t. fifty we know that this has been anticipated it's made its maiden flight in a january two thousand and ten though it's a fifth generation fighter plane and the only other fifth generation fighter plane out there is the f. twenty two raptor which belongs to the u.s. air force so again a lot of anticipation for the unveiling of this aircraft now if i think this out is getting a little too hard maybe we can pan the camera over if we will i can see i can see it right above overhead all right maybe you can see that right now but there's certainly excitement in the sky we have the italian air force and we also have the french air force the russian air force definitely out there two teams from the russian team the russian knights us all those swift they will be if we are to look at their past performances are already seeing a bits and pieces of it now it certainly is promising to be an exciting exciting show by we have either all get out of my call you actually went behind the scenes with them during their practice run and here's what he saw.

feel distance to the most famous in regard to teams in the world even new dress rehearsal. the days when the world showcase for the ocean and the should. do. program ahead of the mikes performance. to show stuff on the trademark nine plane of two very different aircraft delight to mix information with. down from below the focus jets listen first to sync but as the plot let's touch down. everybody we're all in the mood to work we all want to put on a great show of. these pilots don't think of themselves and to train as they're serving officers the flying elite hand-picked from the russian air force technology

develops. being abandoned in favor long range missiles and straight down. so. these demonstrations of quality prowess just becoming a side show. i don't think so at all. electronics could often be jammed so go back to who sees who and how they can respond to the situation skills will never become obsolete and not to go again practicing for perfecting the skills only a handful in the world. old fashioned dogfights might not be as big a part of combat as they once were but here they're keeping the alive. feel.

throughout the. flight action as well as i keeping you in touch with the movers and shakers in aviation who will all be there at the show. hands. off approach. shape our future flight try our two types to the max air show. with r.t. live from moscow now the energy giant shell that says the oil spill in the north sea has been drastically reduced to college just one it could take up to twenty years to clean up its after the angler dutch company was forced to admit that more than two hundred tonnes of crude oil leaked into the north sea it's sensibly the worst spill in british waters and more than a decade and began last wednesday but it was only acknowledged by two days ago adam

ramsay from the u.k. based people on planet student organization think shell and the government have been complicit in oil industry cover up. the people who are used to dealing with shell 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 off the years of lollies and cover up their role in the enormous spills across nigeria 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's 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's been at this also as i said the biggest in ten years but it's important to remember that the government and the scottish government 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 money of this you have they can't keep it quiet in the shell

picture really not talking about it it's not surprising that the media covering it again and again not surprising but very sad as you said major incident really not reported in the u.k. press. of a british oil industry's track record is still in a shaky state even though this oil spill is far less than the catastrophe in the gulf of mexico of course what happened in april two thousand and ten eleven people were killed in that disaster and almost five million barrels of oil spewed into the ocean but also has footage of the coverage of the devastation it's online at r.t. dot com. in india not everyone is benefiting from the boom with some people tragically selling their own body parts to survive the illegal grim organ trade is thriving because donors are hard to come by. as rediscovering. 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 live in i'm up on a little bit of land i went to a group crazy 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 alone that she was later unable to repay. we had 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 law 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. even though each transplant was supposed to be approved 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 friends or family for a match 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 sell their kidney and go under the knife. by good news for the most

part of roots of this. is the law. 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 the. 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 by different i used to run around and work a lot but now i can do as much work as they used to i find it difficult even to live to put on 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 party chennai india. on

our website lining up more news. dot com here's what's waiting for you there right now a firsthand account from two survivors of the massacre on norway's island teenagers two teenagers from russia how they tried to stop the writers from also. soviet military secrets for the chinese dragon why ukraine is seeking to sell china . defense systems more than the other stories we're covering it. here in moscow with america's debt drain and its distressed dollar more and more investors are turning to the shiny stuff gold is fetching record prices right now

industry analysts told us here at r.t. that the push for 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

their means you're going to continue to see gold take the lion's share of the increase over the appreciation and you're going to see currencies like the dollar decline in value america's woes have already because the largest holder of its debt that china now vice president joe biden is heading to beijing on a reassurance mission on wednesday. who is an investment advisor in hong kong says washington's troubles too big for his asian. china is extremely skeptical they must be very worried if i was the biggest holder of u.s. treasuries i'd be worried too because the u.s. is in a terrible situation their budget deficit is piling out of control is almost eight percent of g.d.p. the federal debt is now about ninety six percent of g.d.p. and politicians in washington don't have any will to get the house in order all they know is to prolong the problem to push the can down the road and as long as that is the case we are going to see severe pressure on the u.s.

dollar the economies in asia generally speaking are in a lot healthier state than they are in the us or in europe and when mr bernanke it prints money debases the value of the u.s. dollar devalues the dollar and makes commodity prices go up and that causes inflationary headaches in asia. without a now the libyan government has reportedly fired a tactical ballistic rocket for the first time in the country's conflict a scud missile is said to have been aimed at rebel forces but landed about eighty kilometers off target in the desert it comes as the front moves closer to the stronghold with fierce battles raging in the city of zawiya just about fifteen kilometers from tripoli meanwhile libya's interior minister and his family have a hold will be flown to cairo in his private jet with colonel gadhafi his position now appearing shaky the excursion to egypt looks more like defection that according to a former u.s. diplomat in libya. he says he and his family are there on a tourist research although we haven't seen pictures of him and his kids and on

camels in front of the pyramids eating ice cream it seems like he really has defected and if so being the top cop the senior interior minister it is a real blow to the regime in the last couple of weeks there's been some significant advances by the rebels capture rebels that we have blocked the road from tunisia they control the hills south of tripoli the jebel nafusa and they control the city of misrata in the east of the verse they've got tripoli surrounded on the other hand i remind you that nato forces are been absolutely essential to the smells very success so far of the rebels can you imagine the embarrassment to president sarkozy and prime minister cameron and even the american president obama cannot survive all this from the mightiest good looking reliance on the planet. right not as good as some other international news for you this hour here on r.t. thousands of palestinians have been forced to flee

a un camp in the syrian. all amid shelling by government forces latest military assault aimed at rooting out protesters has claimed around thirty lives since saturday activists report random gunfire raids and house to house arrest on monday in the bottom city it's after gunboats joined troops in attempts to crush the five month long uprising against president us. australian man has been arrested in the u.s. over an attack on a sydney teenager in which a fake bomb was attached to her neck a mosque broke into the girl's family home chained to the device for ten hours before a bomb squad she was not hurt and the device was later found to contain no explosives she will think it was an extortion attempt even though initial reports of a ransom demand did prove to be wrong. but. israeli airstrikes on gaza choose day morning have reportedly killed one and injured several people including

a five year old boy the israeli air force struck four different locations allegedly targeting hamas training bases officials claimed militants were about to launch a mortar shell from one of them tel aviv also says the shelling was a response to rockets fired from gaza at beersheba on monday. 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 now and was designed to bring down fidel castro but it's a cuban citizens are the ones who suffer but despite political promises from president obama downwards it seems the powerful anti castro lobby worked let the embargo drop any time soon as ati's cave in for investigates. cuba ninety miles from america's shores and for fifty two years a world apart following the cuban revolution in one nine hundred fifty nine. the u.s. imposed an embargo on all trade investment in travel and attempt to bring down the

communist government official castro. said 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 they give a lot of money you know u.s. elections are in fact privately financed so they've been able to figure out how to play the games even though they're 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 instead stop fighting these wars are about thirty or forty years old and i cast her groups have given more than one point seven million dollars in donations to federal candidates from two thousand and four to two 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. on the 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 the majority emigrated before the end of the cold war unlike the rest of this panic population in the u.s. fifty eight percent of cubans are u.s. citizens cubans who arrive and step foot 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 rosa and i welcome the opportunity of having anyone assassinate fidel castro and any leader who is suppressing oppressing the people they have power. political action committees behind them like the u.s. cuba democracy pac the number one campaign donor in two thousand and six with more

than five hundred thousand dollars our community is very focused and it's very concentrated in florida in new jersey therefore we really have to make an effort to get out there and create the relationships a lot socially and agenda that has been known to change many politicians minds including president barack obama i think. you know obama changed his mind while campaigning before the cuban american national foundation. going to go to the world for the majority of americans favor ending the sanctions against cuba even protesting in the streets that i think. you have yet to match the strength of the intake castro lobby given ford r.t. washington d.c. . are top of the business now to meters here. thanks for hello and welcome to the business update on our channel reported earlier moscow's international show is underway organizers expect more than ten billion

dollars worth of contracts to be signed over the next few days first deals already there russian airline trans out has signed up to buy eight jets with a catalog price of seven hundred million dollars have nothing to buy for more christopher buckley vice president of. his hopes for the russian market. we're very optimistic and enthusiastic about the russian market we still see growth continuing a little bit over five percent to five point three percent per year which is higher than the world have ridge so for us that means that. many more aircraft in the coming years. if we can we probably like to win. between forty and fifty percent of federal market. and even this year in two thousand and eleven we have a new operators we're very proud. express with. and we sold a three twenty s. to trans aero if we can continue with the current rate and say grow our sales here

by five to ten percent a year we'd be delighted with that. and the russia's state run united aircraft corporation as announced a bold new plan to become a global player in civil aviation following the success of the short to medium range sukhumi superjet u.e.c. says it now intends to design and build a long range aircraft this would be in direct competition with planes from boeing and airbus expects to start production in twenty twenty. russia so weakly capital fund outflows jump over ten fold at the beginning of august to four hundred fifteen million dollars now many believe russia's upcoming elections are starting to friends and best as mines but save out of a little seed capital believes that politically there's little to worry about. there is no much of an interim good looking sports. because where we have to measure candidates we will go with we here in russia i don't really see much difference being with to go in the in the was when the people being used to redo it

was a more liberal or that he should hear the fish in the sea water for me and the reefs on economic and political development course. whatever means there were actions we would be regretful to implement that in the future so that's one thing that reason that much certainty here is what much of the way in the terms of. some of the stock markets and european markets are coming under pressure the latest economic growth figures from germany up proved to be particularly disappointing showing the euro zone's biggest economy virtually stalled in the second quarter growing just point one percent overall eurozone drove stands up point two percent for the period they were ageas one of the biggest losers in frankfurt is shedding four and a half percent. and now let's take a look at what's happening in russia with the r.t.s. there is down one point six percent myself more than two percent here's

a snapshot of the market moves on the my site gazprom along with other energy shares is down the company has reported an eighty six percent growth in net profit for the first haul telecom is bucking the trend it's continuing with this high volatility it's up one point two percent after growing more than ten percent the previous day financials also suffering with burbank shedding one of the. crew prices are down after seeing some gains overnight in the u.s. light sweet is shedding under a dollar of brant ninety eight cents per barrel this precious metals are make scald is often selling is back on the stock markets silver however is down more than one percent this hour. after three straight days of positive closes. believes investors should focus on commodity related stocks and those which were among the hardest hit in the previous week. it's large. it's in the.

get this gives back for more space i think. thirty four dollars as an alternative it's very interesting. infrastructure development and then the stock the. universe was beaten up badly in the in the. news. of the russian record of the twenty one percent increase in exports. in the second quarter. showed the biggest growth. to pre-crisis levels. in europe continues to decline and we will be back in fifteen minutes.

with a headline. hands .

off approach. shape the future flights. are two types to the max air show.

with me. you want to take a fresh attempt to pull. the sale of more. technology. in the british government to being accused of. oil spill off the coast of scotland .