tv [untitled] August 16, 2011 8:01am-8:31am EDT
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high tech combat jets and the latest a gleaming airliners appears in the skies over the moscow region the world's biggest aircraft makers are russia's max two thousand and eleven air show they're showing off their newest designs and artists are syria is there too where the airfield will join her life now. so is it good to see you so you're surrounded by all sorts of big toys there what do you see in so far. well we did see a pretty exciting sight in the sky every time there's some roaring noise everybody looks up but what we've seen we saw a couple of sawyer military jets as well as an eighty three eighty acting like a small plane you know this is a massive air bus plane flying around here doing some test runs but we still have we have yet to see the team's performance that's certainly something we're looking forward to but this show essentially is a place a platform for these companies in the aviation civil and military to showcase the latest innovation the latest designs and models that they have and a lot of build up the doors the boy t. fifty which is a first a russian made this generation military aircraft even if there hasn't been
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a russian made military aircraft in about two decades that this is pretty big for russia again a lot of anticipation to see what its capabilities are because currently in the market you have the f. twenty two raptor which belongs to the u.s. air force so this would be the second if it is deployed into the field again so we have to see how it actually flies in the sky actually i'm here joined by mr douglas barry he's a military aviation specialist who can tell us a bit more about a military aircraft thanks very much for joining us today i was talking about the a t fifty a lot of buildup towards it what are your expectations i mean there's the f. twenty two what will it change once it's out in the market. i think there are two two things really to consider with that with the t. fifty one it's very much a stop of its development as you pointed out the first time in twenty years really russia has a new body of crofter in this cost issue the previous designed to make one. actually was canceled i suppose really the late one nine hundred ninety s.
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and since thing been quite certain exactly war russia was going to do what russia's doing is the t fifty of these very interesting to see just exactly what it is capable of as i see is that they're just very briefly the fifth generation just maybe bullet points what does that mean stealth capabilities partly styles. internal weapons cottage one of the things the fifth generation having coleman is that you put your weapons your primary weapons load goes in so you drove them high you know so you because a weapon high on the outside of the aircraft means a small detectable by all flight afraid all right and also what's interesting in the industry is that you know we were going through their countries are seeing a budget. cuts in their defense spending and we've seen that in the u.k. and the u.s. it's on the table what will that change mean russia is increasing its ability hardware and changing modernizing it but on the other hand you have those cuts what does that mean for the military industry i think it means different things
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depending where you are in europe of this is significant pressure on defense expenditure you've seen it in the u.k. obviously france germany italy spain are all suffering from same kinds of issues there's obviously creation in the u.s. . the u.s. defense budget is still very very law which. a significant cold would still leave an awful lot of money for the industry to play for. in the pacific is a different story asia pacific going to the seeing an uptick in defense expenditures you know spending more than defense some of the regional countries are doing the same thing ok well thank you very much for your insight there and camilla on a lighter note i actually have been going around been trying out some of the toys over here managed to get into the cockpit of one small plane but my colleague or a good i've never had to take a lot more fun he went behind the scenes with the a russian aerobatics teams and found out exactly what they do and the performance let's have a look. the atmosphere here at the cuban air field the stands for two of the
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most famous aerobatic teams in the world even a dress rehearsal. should they show interest for the russians and the swish trashes a new program ahead of the mikes show performance. to show stuff on the trademark nine plane diamond of two very different aircraft delight to mix in formation with the heaviest sea course. down from below the false jets listen for sink but as the pilots touch down tempo's run high among. its normal everybody cares 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 benton a russian air force best technology develops top gun so maneuvers are being
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abandoned in favor of long range missiles and had gone straight down. so. these demonstrations of piloting prowess just becoming a side show as night. richards i don't think so at all in a real war or electronics could often be jan so we would go back to who sees whom and how they can respond to this situation skills will never become obsolete and up they go again practicing for hours perfecting distills only a handful in the world capable of old fashioned dogfights might not be as big a part of combat as they once were but here they're keeping the op alive. either a good or a nerve see. feel. and do stay with us we'll be on the max two thousand and eleven after all throughout the week i think it's my turn tomorrow i will have some. action as well as talking to the captains of the aviation industry
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who will in attendance. shape future flight. takes to the air show. you with r.t. now european stocks plummeted on news that economic growth across the e.u. has stalled all as france and germany meet to work out a way to end the debt crisis currently sweeping the eurozone but europe's two financial powerhouses are at a dead end even before the negotiations have started ballin is refusing to throw even more money at the crisis daniel bushell reports from brussels. the magic pill that's supposed to spread the euro did across the european union is something called that in effect would transfer northern european stability to the southern
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states it would create a single. people could fall into the suppose it would be calm investors to show that there is a united front and the strongest states also lead and in solidarity with the weakest solvent 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 reputation as a reliable. by 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 say portugal and greece should leave the euro and euro bombs all the only way out now even germany is already being sucked into this crisis its growth the growth of its economy will fall to
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just one percent in the second three months of this year which suggests that the euro debt crisis is even bringing down your biggest economy and the world markets are hanging on the outcome of the meeting between france and germany but some have doubts of its significance political science professor. i think it's a little more than a photo op. traditionally france and germany considered that they were the leaders in europe but you must also take into account domestic considerations in france for the presidential election basically the german chancellor has already said she was not willing to talk about your a bunch so the meeting is in large part p.r. for the presidential elections in france if you don't discuss euro bonds or solidarity within europe it's not a crucial meeting it's it's just you know i don't know but unity for
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a third of our plan for soundbites and merkel said don't expect too much from it which means basically we'll decide nothing. the european central bank has announced spend an unprecedented twenty two billion euros in just one week the money went to prop up the shaking economies of italy and spain but authorities are going to go to school reports public faith in the ailing euro may already be beyond a quick fix. some work to live 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 ago but the family firm is in a rough spot. like all in spain my business has been struggling it was 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 gantry and sovereign
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debt ever cross 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 left many asking the question is the euro zone's 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 the best strategy in the current climate may be an exit one. this would give us a certain autonomy it would affect positively internal procedures 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 unemployment their fate has largely been decided by the masters in chief in
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brussels. with what we're witnessing here major internal problems which you cannot solve. because it's outside of in your competence they have neither the finances nor the labor capabilities to help spain and of course many people are unhappy with the place pain takes in the european union. but hook him isn't losing hope that his country and his business will eventually climb out of the slump. of course it will stabilize in the end it's the small businesses like mine that will do the job because real people will take work close to heart in large corporations something which me only be possible if the foundering federation of the ears own and puts its own house back in order it may go score eighty three. and a lot of us are on our look at how global economic troubles are setting the stage for a new gold rush with the dollar in as bad shape as its atlantic neighbor there are
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growing calls to repay the greenback to the gold standard. royal dutch shell says there are now only two barrels of oil a day leaking from one of its north sea rigs but with an estimated two hundred tons having leaked into the water over the past six days environmentalist say the cleanup could take some time this is a thought to be the worst spill in british waters in more than a decade and while the best of it is figure out what caused it shoal is being accused of a cover up it took two days for the oil giant even admit there was a problem and has not released details of the extent of the environmental adam ramsey from the u.k. based people and planet student organization things the shell and the government have been complicit in oil industry cover ups for years. 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 the years of lawyers and cover up their role in the enormous spills across nigeria so i think we certainly don't know for sure how
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bad it is but we do know that this is a serious bill we know for certain. the worst spill in this country in more than a decade i've seen very little coverage at all and i'm saddened to say that i'm not at all surprised how little coverage there's been 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 long history of being hand in hand and in the pop. if you go to the end. of this you have. the. talking about it's not surprising that the media covering it again and again not surprising that very sad it's a major incident really not reported in the u.k. press. while the british oil industry is track record is shaky at best but the spill is far less serious than the b.p. catastrophe in the gulf of mexico last year eleven people were killed in that disaster and almost five million barrels of oil spewed into the ocean as footage on
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the coverage of the devastation of course online at c.n.n. dot com also on our web site an insight into the mysterious art of violin making a closer look at russia's five hundred year old tradition. adrenaline with all the other thrill seekers gathered here in moscow for some games with a different you'll find all of those videos at the top of. the. quarter past the hour here in moscow two thousand and four tsunami in south asia took everything from many of the victims that lived along the coast of india recovering has been next to impossible and some have resorted to the only thing they have left the body parts. cala
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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 my mother and i went to a group curry 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. 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
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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 log 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 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
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is willing to see. they're kidney and go under the knife they are necessary for through by good news for them all it's a part of it so there's got to this the law. doctors also don't know 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 donors also frequently are robbed of their health by day four 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
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no options left are forced to take extreme measures sacrificing their health just to stay alive preassure either party chennai india more stories to come your way this hour here on r t we look at the remains of the past two thirds of americans say the fifty year embargo on cuba must be lifted so who is really benefiting from keeping it in place. the glint in his eyes at the moment is that of gold precious metal is once again proving the safe haven of choice from the u.s. debt crisis and its distrust dollar it's now at record prices and industry analyst scott carter told us that they will get higher while america struggles to get its house in order. our 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 devaluing the currency you're seeing a move back to the gold standard even though it's not official you see gold
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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 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 or the appreciation and you're going to see currencies like the dollar decline in value now at twenty minutes past the hour here in moscow kareena is here in a few moments with the business but for now on our world update for you hundreds of protesters were arrested in india as they gathered in new delhi to demand the release of a prominent corruption activist police detained seventy three year old and
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a right before he started what was deemed an illegal hunger strike. officials to toughen legislation in the bribery plagued country. thousands of palestinian refugees have fled a camp in the syrian port city of latakia all amid a government shelling up to ten thousand people were trying to escape the bombing which has claimed at least thirty lives government troops reportedly made house to house arrests in the city and gunboats joined troops as parts of attempts to crush the five month long uprising against president assad. well the majority of americans now think it's time to lift the fifty year old embargo against cuba but the government doesn't appear to be listening and as if he's calling for found out just because they're powerful and the castro lobby doesn't want to see it guys. 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 an attempt to bring down the
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communist government official castro. some of the cubans who fled the island for the u.s. push to keep this agenda alive and so the 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 game so 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 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. military equipment and that it will enhance the effectiveness of the embargo the united states will keep
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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. citizens cubans who arrived in 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 roessler and i welcome the hour. for today of having anyone assassinate fidel castro and any leader who is oppressing oppressing the people they have powerful political action committees behind them like the us cuba democracy pac the number one campaign donor
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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 relationships to lobby socially and agenda that has been known to change many politicians minds including president barack obama. for you know obama changed his mind while campaigning before the cuban american national foundation. going to the war room but while the majority of americans favor ending the sanctions against cuba even protesting in the streets i think. we have yet to match the strength of the anti castro lobby given ford r.t. washington d.c. . twenty five minutes past the hour here time for corrina now and the business. i want to welcome to our business update this hour as we reported earlier moscow's
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international air show has kicked off the organizers expect more than ten billion dollars worth of contracts to be signed over the next few days and the first deals are already there especially airline travel sero sign up to buy eight air bus jets with a catalog price that will for seven hundred million dollars christopher buckley vice president of air boss outlines his hopes for the russian mark. 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 year. let's see if we can we'd probably like to win. between ford. in fifty percent of federal markets and even this year. you will preach is very pro. express with coal to. be sold if we're going to use to transit if
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we can continue with the current rate. of ten percent a year we'd be delighted with. the russian state run united aircraft corporation has announced a bold new plan to become a global player and civil aviation following the success of a short range so wholly superjet ac says it now intends to design and build a long range aircraft this would be in direct competition with planes from boeing and airbus and expects to start production in two thousand and twenty. taking a look at the markets now you are up to is under pressure the latest economic growth figures from germany have proved to be particularly disappointing showing the euro zone's biggest economic economy's going to be stalled in the second quarter growing just point one percent overall eurozone growth stands at twenty two percent for the period or a.g.s. one of the biggest losers in frankfurt shedding the new five percent this hour here in russia the r.t.s.
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allies excited down more than two and three percent respectively now here's a snapshot of the markets movers on the rise x. gazprom is losing two and a half percent the company has reported eighty six percent growth and that profit for the first half construction company pick has also posted first half is also its almost thirty million dollars net profit against twenty one million dollar losses during the same period last year and financials are also suffering burbank is down over three and a quarter of a percent. crude prices are slightly down after seeing some overnight gains in the us light sweet is currently trading at eighty six dollars a barrel while brand is one hundred eight dollars a barrel. and precious metals are mixed gold is also selling is back on the stock market while silver is down it's trading at thirty four dollars per ounce the stock . that's the latest we have for you more and forty five minutes.
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