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tv   [untitled]    August 16, 2011 7:01am-7:31am EDT

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just after three pm here in the russian capital you with. the french and german leaders are due to meet him paris to have another go at stopping at the eurozone debt crisis from spreading the worry is that italy and spain 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's supposed to spread the euro across the european union is something called euro bonds that in effect would transfer northern european stability to the southern states it would create a single. people could point to the supposed would be comin to the show there is a united front and the strongest states. in solidarity with the weak periphery countries like greece portugal also 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
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reputation as a reliable. signing up to this and it has actually said the euro bonds 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 pull to go in greece should leave the euro and eurobonds all the only way out now even germany is already being felt into this crisis grows the growth of its economy to a point to just one percent in the second three months of the year which suggests that the euro debt crisis is even bringing down europe's biggest economy all right and later this hour here on our look at how deep debt is fueling a new gold rush across the atlantic there's no end in sight for the troubles with the u.s. dollar some say it's time to stop the printing press and returns of precious metals . and germany's dax is down to an all. dragging with other financial markets
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germany's g.d.p. growth fell short of. the aviation world hitting the runway in the moscow reaching where this year's international air show is taking place two thousand and eleven approaches cutting edge technology for both civilian travelers and air forces. pilots putting planes through their paces with just simply spectacular aerobatics. we are here with the tenth max air show it's already started we've already seen some performance by the aerobatics team but really what this is is a place where those in the aviation industry can showcase their new technology their innovations both in civil aviation as well as military aviation now we've seen some of the bigger commercial airline commercial planes here we have the airbus a three eighty as well as the steam liner of course the suv or
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a super jet that's a very interesting people going in to see it see exactly what it is like inside bigger it's good news for us passengers now the military side again a lot of build up to be a some point a t. fifty it's going to be a first russian made fifth generation plane we're talking about this generation military aircraft we're talking about more efficient to speed as well as better stealth capabilities are the only one in the market right now is the f. twenty two raptor wish the last course of the u.s. air force so here is a way for the makers of the t. fifty to showcase exactly what it's capable of doing and of course as i mentioned earlier there will be a lot of air shows for everyone it's going to be fine you have the french air force the italian air force the americans as well as the russians you have the of russia knights as well as the swiss so we're looking forward to that but aside from just the commercial airlines aircraft as well as a military aircraft we have something that's sort of in between not really commercial not really military and it's like this small plane over here actually is
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just the right size for me. peter let's talk can you tell us a little bit about this plane over here it's not really a military plane it's not really commercial plane so what exactly is it this is a kit plane you can buy this plane and build it in about six months and that's what the bubbles and home did himself he built the airplane in six months and was flying an aircraft across the united states was flown over eight thousand kilometers in two and a half days and the first time outside of the u.s. that right that's correct is the first time this plane has been outside the u.s. first time in russia first time in europe lot of first going on this trip thank you very much for that well i'll be certainly trying. to go into the cockpit later ron certainly a lot of things for spectators as well as us participating to do over here oh my colleague managed to go behind the scenes of the aerobatics to see exactly what they do at the practice session and to see what we're seeing right now is pretty amazing so let's look at what he found out. the atmosphere here at the cuban air field the stands for two of the most famous aerobatic teams in the world even in
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a dress rehearsal. today is one of the last chances for the russians and the swiss to practice their new program ahead of the mikes show performance. to show stuff the trademark nine plane of two very different aircraft delight to mix in formation with. down from below the force jets looked imperfect sink but as the pilots touched down tempers run high among. that's normal everybody can 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 pain as they're serving this is the flying elite hand-picked from. force yes technology develops. a new was being abandoned in favor long range missiles and straight down . so. these demonstrations of quality prowess just becoming
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a side show. richards i don't think so at all. electronics could often be jammed so we would go back to who sees who and how they can respond to the situation skills will never become obsolete and up they go again practicing for hours perfecting the skills only harmful in the world ok the old fashioned dog fights must not be as big a part of combat as they once were. but here they keep him alive. and i mean to us here it is we will be at the max two thousand and eleven ash all throughout the week i will have some first class flight action as well as keeping you in touch with the movers and shakers in aviation will also be that.
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close to. the approach. shaping the future flight. our team takes to the max airshow. all week long as well to stay with us here when i see you are now in the lead to minutes past the hour in moscow the energy giant shell says that the oil spill in the north sea has been drastically reduced but ecologists when it could take twenty years to clean up the anglo dutch company was forced to admit that more than two hundred tons of crude leaked into the sea but government environment officials say it's much more said to be the worst spill in british waters in a more than a decade and began last wednesday it was only acknowledged by shell two days later i don't ramsay from the u.k. based people and the planet student organization shelled and the government has
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been complicit in oil industry problems. i think 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 after 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 bill 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 uncertain 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 are both got long histories of being hand in hand and in the pockets of the old industry in this country and so with the government to the only other potential money of this you have to keep it quiet in the shell peculiarly not talking about it it's not surprising that the media covering it again and again not
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surprising but very sad as you say a major incident really not reported in the u.k. press. well the 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 that happened in the april of two thousand and ten eleven people were killed in that disaster and almost five million barrels of oil spewed into the gulf has footage and coverage of the devastation it's online. in india not everyone is benefiting from the boom with some people tragically selling their own body parts to survive and the illegal grim trade is thriving because donors are hard to come by. as we discover. 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 love my mum. i went to grow curry he
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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 he 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
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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 to have 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 see. well they're kidney and go under the knife. by good news for them all it's a part of it so there's got to this the law. doctors also done a blind eye to this happening to transplants from the donor to the recipient take
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place in the hospital simultaneously the donor ends up making a little over a thousand dollars while the brokers can profit almost double that. now 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 by before i used to run round 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 to be a 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 china india and more from inside into india that is on our website i would want to get more news and analysis of dot com as well here are some of the arguments what if we
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are right now on a first hand account from two survivors of the massacre on always a new toy island as two teenagers from russia tell how they try to stop anders breivik surrounded also. soviet military secrets for the chinese dragon why ukraine is seeking to sell china play sand defense systems more on that and other stories we're covering of course at the top. now a quarter past the hour 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 analyst scott carter told us that the push for precious metals will continue while the u.s. struggles to get its house in order for objective was to make the dollar stable for
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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 with value day to day it can't be work for us tomorrow than it is today otherwise the the means of which we measure goods and services is subject to the whims of the federal reserve of the u.s. 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 of the appreciation and you're going to see currencies like the dollar decline in value. america's rose have already angered the largest holder of its
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debt of course that of china now vice president joe biden is heading to beijing on a reassurance mission on wednesday to rule who is an investment advisor in hong kong says washington's troubles are too big for its asian partner not to worry. turner's 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 the budget deficit is partly out of control it's 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 us 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
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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. with r.t. now the libyan government has reportedly fired a topical ballistic rocket for the first time in the country's conflict a scud missile that 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 gadhafi stronghold fierce battles raging in the city of zawiya just about fifty klicks from tripoli meanwhile libya's interior minister and his family have reportedly flying to cairo in his private jet with colonel gadhafi his position appearing shaky the excursion to egypt looks more like defection but according to a former u.s. diplomatic. he says he and his family are there on a tourist visa 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
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a real blow to the regime in the last couple of weeks there's been some significant advances by the rebels capturing that we have blocked the road from tunisia they control the hills south of tripoli the jebel nafusa and they control the city of misurata in the east of the rich 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 ari alliance on the planet. are you with us you got some other international news for you this hour in our world thousands of palestinian refugees have been forced to flee a un. shelling by government troops the latest military assault aimed at rooting out protesters has claimed at least thirty eight lives since saturday
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activists report random gunfire raids and house to house arrest on monday violence . it's all to gun but join the troops and attempt to crush the five month uprising against president assad. will surely a man has been arrested in the u.s. over an attack on a sydney teenager in which a fake bomb was attached to a neck a mosque and it broke into the girl's family home and change to the device for ten hours before a bomb squad managed to free she was not hurt and the device was later found to contain no explosives police still think it was an extortion attempt even though initial reports of a ransom demand proved to be wrong. israeli airstrikes on gaza this tuesday morning have reportedly killed one and injured including a five year old boy the israeli air force struck four different locations allegedly targeting hamas training bases officials claim militants were about to launch a mortar shell from one of them tel aviv also says the shelling was
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a response to rockets fired from gaza. 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 and was designed to bring down fidel castro but it's cuban citizens who are the ones who suffer but it's political promises from president obama downwards it seems the powerful and. the embargo drop any time soon kaylin forward reports. 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 an all trade investment in travel an 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.
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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 and still stop fighting these wars at 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 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 unlike the rest of this panic population in the u.s. fifty eight percent of cubans are u.s.
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citizen 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. 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 new jersey therefore we really have to make an effort to get out there and create the
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relationships to lobby the 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. going to ohio but while the majority of americans favor ending the sanctions against cuba even protesting in the streets i think. they have yet to match the strength of the anti castro lobby kill in fort r.t. washington d.c. . or stay with us a time now for dimitri and the prisoners. notable and welcome to the business update on c.n.n. as our channel reported earlier moscow's international asho is on the way the organizers expect more than ten billion dollars worth of contracts to be signed over the next few days first deals already there and russian airline transit is signed up to buy eight jets with an option to buy for more of the catalog price of
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over seven hundred million dollars christopher buckley vice president of outlines his hopes for the russian hockey. 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 average so for us that means that. many more aircraft in the coming years. if we can we'd probably like to win. between forty and fifty percent of that overall market. and even this year in two thousand and eleven we have new operators we're very proud with sky express. and we sold a three twenty s. to trans aero if we can continue with the current rate and say grow all sales here by five to ten percent a year we'd be delighted with that. and russia's favorite united aircraft
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corporation has announced a bold plan to become a global player in civil aviation pulling the success of the short range sukhoi superjet you a c. says it's now intending to design and build a long range aircraft this would be in direct competition with planes from boeing and atlas and expects to start production in twenty twenty. minutes in the markets now 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 years and growth stands a point two percent for the perry. a day lady is one of the biggest losers in frankfurt the setting five percent. there in russia a pretty similar picture and the declines have intensified pretty much the r.t.s. is now down almost three percent my six percent and the quarter is a snapshot of the market moves gazprom a long with other energy shares is down it's down two point six percent the company has reported an eighty six percent increase in net profit in the first construction
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company pick has been posted first off results it's almost forty million dollars net profit against twenty one million the losses during the same period last year financials also under pressure to go back to using three percent. crude prices are coming down after news of g.d.p. stalling for the euro zone light sweet is down one dollar twenty seven cents brant stands at the low one hundred nine dollars per barrel and precious metals are mixed gold is up as selling is back on the stock markets silver however is down one point two percent. after free straight days of positive closes the minister going to sound believes investors should focus on commodity related stocks and those which were among the hardest hit in the previous week. sprong was quite safe it's a large. it's in the best route.
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to get those games back for more risk your space i think you have brought us three of the thirty four dollars mil tary though it's going to forty be interesting to you on the break with perceptions of openness and worship and the also the cool the stoke the. truth with the miss universe also was beaten up badly in the past. and then corporate news cast problem has significantly bumped up its export full cost for the year as the russian recorded a twenty one percent increase in export. countries in the second quarter of the show the biggest growth with the moms at returning to pre-crisis levels the only dark spots was germany biggest customer and europe where consumption continues to decline and that's it from me. will be had fifty minutes to bring in the business update the headlines are next on.
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the official tee up location. called touch from the. lunch i'll teach life on the go. see video on demand ati's minefield costs and r.s.s.
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feeds now in the palm of your. question on the ati dot com. approach. flights. are two types to the max airshow.
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welcome back with. the headlines. if you want to take a fresh. aviation achievement. for the. british government to being accused of. social unrest in britain. for quite some time.

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