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tv   [untitled]    August 16, 2011 9:01am-9:31am EDT

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with me. jets on the latest line is a piercing the skies all over the moscow region of the world's biggest across makers are in russia two thousand and eleven showing off their newest designs and also he is the. feel that you've gotten tired of driving around moscow now your friends are going to fly around moscow how is it going there the show. is going great were i did find myself a nice toys just the right size for me but i'll tell you about that in the second of all you here at the max two thousand and eleven it has reached a climax actually we've seen a quite a number of planes are going up in the sky the most recent we saw was a modification of the solenoid twenty seven and we also saw a very impressive run by the american f. fifteen it really was impressive hearing the sounds around you very very nice now here they're really showcasing what they have the capabilities that these aircraft have also trying to show the new technology that they have again a very long build up everyone looking forward to the
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a russian made fifty now that has created quite a stir if it made its maiden voyage in the january of two thousand and ten but this is the first time it will be unveiled in the public now this is the first russian made a fifth generation fighter plane and that is in itself miles so for russia because it hasn't come up with any new russian military aircraft in about two decades and the only other of its kind out there in the market right now is the f. twenty two raptor which belongs to the u.s. air force so again very interesting to see what it can do in the skies but also we have some commercial planes we have the big commercial aircraft such as the boeing dreamliner the airbus a three eighty we just saw the a three eighty actually in the sky acting like it was a small plane but it is actually the biggest commercial airliner out there in the market right now so but me this plane that i have been actually you can see it's really small it's not military it's not commercial it's just a small private plane it has travel eight thousand kilometers to get to moscow and it's. the first time that any of this model actually left the united states much
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less much less enter russian airspace but i'm not going to go do stunts and this of course we have to leave that to the professionals were excited to see the team performances of the french air force the italian air force as well as the american and two teams from russia the russian knights as well as the swift team and of course my colleague are are there actually went behind the scenes the one with them to see one of their practice rounds let's have a look. the atmosphere here at the cuban air field the stands for two of the most famous aerobatic teams in the world even a dress rehearsal. should they show interest for the russians and the swish has a new program ahead of the mikes show performance. the show stopper the trademark nine plane diamond of two very different aircraft delight to mix in
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formation with the heaviest sukhoi. down from below the false jets listen for sync but as the pilots touch 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 dana's they're serving officers the flying elite hand-picked from benton a russian air force best technology develops top gun style maneuvers being abandoned in favor long range missiles and strayed. so are these demonstrations of piloting prowess just becoming a side show. richards i don't think so at all in real war electronics 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 obsolete and up they go again
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practicing for hours perfecting distills only for 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 author live. either and now have. field. day with us he will be out there max two thousand throughout the week i will have some first class flight action as as well. talking to the captains of the aviation industry who are all in attendance . plans. of approach. shaping the future flight. are two types to the max air show. we're there all week long now european
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stocks plummeted on news that economic growth across the u.s. has stalled all as france and germany meet to work out a way to end the debt crisis sweeping the eurozone but europe's two financial powerhouses are at a dead end even before the negotiations have started but lynn is refusing to throw more money at the crisis daniel bushell reports from 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 boy into the suppose it would begin to calm investors to show that there is a united front and the stronger states need solidarity with the weaker than 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 the locals. by signing up to this and it has
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actually said that 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 eurobonds all the only way out now even germany is already being sucked into this crisis its growth the growth of its economy to a halt just one percent in the second three months of this year which suggests that the euro debt crisis is even bringing down europe's biggest economy. he's in a bushel right there the world markets are hanging on the outcome of the meeting between france and germany but some have doubts about its significance political science professor peter agre lang i think it's little more than a photo op. traditionally france and germany considered that they were the
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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 euro bonds 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 a third of our plan for sound bites the euro and merkel said don't expect too much from it which means basically will decide nothing meantime the european central bank has announced it spent an unprecedented twenty two billion euros in just one week the money went to prop up the shaking economies of italy and spain but as aunties and when a political reports public faith in the ailing euro may already be beyond a quick fix. some work to live others live to work hockey
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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 over there 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 bigger gantry and sovereign debt ever cross their bonds and the country's problems don't stop there despite being the fourth largest the problem 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
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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. with what we're witnessing here major internal problems which you cannot solve. because it's outside of in you 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 hook him isn't losing hope that his country and his business will eventually climb out of the slump and of course it will stable. in the end it's the small businesses like mine that will do
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the job because three or four people who take work close to heart in large corporations something which me only be possible if the foundering federation of the eurozone and puts its own house back in order even. madrid. and a. look at how the economic misfortunes of the united states trying investor trust in the world's top economy. u.s. president's. trip to china some say america's troubles are too big to simply ignore us. and european markets are under pressure led by the dax on the day leaders from france and germany are meeting in paris looking into reports shows that and economic growth in the seventeen countries that use the euro sag two point two percent. now the two thousand and four tsunami in south asia took everything from many of the victims that lived
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along the coast of india recovering has been next to impossible and some have resorted to selling the only thing they have left their own body parts. are reports . cala 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 with 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. and we had a lot of debt i had to borrow money to buy the fishing boat the people i borrowed
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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 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
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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 nice. biker lives for the most a part of it so there's got to be out there is the law. and though 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. 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 around and work a lot but now i can do as much work as they used to i find it difficult even to
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live to put on what i can go to work i have severe pain in my abdomen and my chest i don't worry 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 and we've got lots more on our stories on our website called morsels of videos on the blogs and some of the origins online right now and insight into the mysterious auto violin making with a closer look at russia's five hundred year old tradition. and get your shot of adrenaline with our t.v. and all the other thrill seekers who gathered here in moscow for some games with the you'll find all of our videos at our team dot com.
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just after quarter past the hour here in moscow the largest holder of u.s. debt is getting frustrated over washington's financial situation so vice president joe biden is heading to china on a mission of reassurance on wednesday but he was an investment advisor in hong kong and says washington's troubles are too big even for his asian partner to stop worrying. planners 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 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 u.s. dollar the economy is 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 this is the value of the u.s. dollar devalues the dollar and makes commodity prices go up and that causes inflationary headaches in asia. and imo stories to a few to come this hour here on our we look at the remains of the past two thirds of americans say the fifty year deal on cuba must be lifted so who's really benefiting from keeping it in place. all right time now for the world update now hundreds of protesters were arrested in india as they gathered in new delhi to demand the release of a prominent anti corruption activist police detained seventy three years old. right before he started what was deemed an illegal hunger strike she had been urging officials to toughen the legislation in the bribery plate country. the israeli parliament has interrupted its summer break to discuss the growing social protests across the country started this summer to demonstrate against soaring housing
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prices in the cost of food fuel and education politicians will debate what can be done but they're not expected to introduce new legislation until october at the earliest. a parliamentary panel in britain may recall james murdoch to answer more questions about the recent phone hacking scandal rupert murdoch's son the head of the european division of news international testified that he knew nothing about hacking at the news of the world newspaper but an m.p. on the committee says there is a question over whether murdoch misled the investigation and another m.p. said there could be new devastating revelations to come. 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 i found out that's because the powerful. doesn't want to see it go. 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
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u.s. imposed an embargo an all trade investment in travel an attempt to bring down the 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 showing us cuba policy remains virtually unchanged they are impeding on the
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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 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 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 ros le and i welcome the ah. opportunity of having anyone assassinate fidel castro and any leader who is suppressing oppressing the people they have powerful political action
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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 to live in a 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 ohio 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 castro lobby killin ford r. t. washington d.c. . now it's time for the business news with korea.
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how welcome to business here and how to thanks for joining me as we reported earlier moscow's 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 already there as russian airline trying sero signs up to buy eight airbus a three hundred twenty jets a catalog price of over seven hundred million dollars christopher buckley vice president outlines his hopes for russia. 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 to use it so. many more aircraft in the coming year it's. let's see 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
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we have new operators a very proud sky express with. and we've sold a three twenty used to transit if we can continue with the current rate and say all sales here by five to ten percent a year we'd be delighted with that. versus state run united aircraft corporation has announced a bold new plan to become a global player in civil aviation following the success of a short range the horse so project you a c says it now intends to design and build a long range aircraft it will be in direct competition with planes from boeing and airbus expects to start production in two thousand and twenty. well just so weakly capital fund outflows jump over ten fold at the beginning of august to four hundred fifty million dollars and he believes russia's upcoming elections are starting to influence investors' minds but i doubt the fed or also capital believes that politically there's little to worry about. much of
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a good. because we will be able to the major candidates will move we will go for good since we are here in the ocean don't really see much difference maybe in with little in the good in the was when the people used to read it because the more liberal people that he should be here with bush look smaller to me in the response economic completely cools and course. whoever wins the election smoove be forgotten who included them in the future so that's one. reason the much one certainty here the reason that much of the bully in the world comes up . and european markets are on the pressure the latest economic growth figures from germany have proved to be particularly disappointing showing the eurozone biggest economy virtually stalled in the second quarter growing just point one percent overall eurozone growth stands at two point two percent for the period down there
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e.g. one of the biggest losers in frankfurt nearly five percent and here's russia where the r.t.s. and live next down as well and here are the snapshot of the market movers on the lies that gazprom is cargan using two point two percent the company has reported eighty six percent growth in net profit for the first half construction company pick has also posted post health results it's almost thirty million dollars net profit against twenty one million dollars losses during the same period last year and financials are also suffering this burbank is down over three percent a sell. now prices are slightly down after seeing some overnight gains in the us light sweet is currently trading at eighty six dollars a barrel while brant is that one hundred and eight dollars of that. precious metals a mix gold is up and selling is back on this talk markets so what is down it's trading at thirty nine dollars. after three straight days of positive closes over.
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believes investors should focus on commodity related stocks and those which were among the hardest hit in the previous week. just promise it's quite safe it's a large cap. correct it's in the best route. to its percent loss and to get this gains back for more risky or space i think you have stock traded at thirty four dollars is no three in a twenty five year interesting idea on the back of this infrastructure developments in russia and then the stock that will be true that we have a miss universe also was beaten badly in the past. that's all the business is for now we'll have a look at how the u.s. markets kicked off in about forty five minutes.
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takes fifteen to twenty million years for the planet to recover from a major extinction event for the planet as time we don't know. it's been going on for months twenty twenty five years and since it's been eco terrorists before
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there was even islamic fundamentalist terrorist in this country when a nine eleven happened the bush administration could not find any terrorists because the feds couldn't find any real terrorists they decided to take these young people who are accused of property sabotage and label then as terrorists someone he'll destroy his property. with absolutely zero intention of harming a single human being. in my mind it's not fair it's real people who are green in this country are the housewives who recycle. and the children who play trees on the weekend with their cub scout troops that's the. sound. guys. sound. up. hands.
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closer. every language of approach. to. shape our future slightly higher our team takes you to the max air show. in india in the movie. the grand imperial truly told us to. read the sun the colonel was toto retreat.
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back you with from moscow on. the skies over moscow welcome of the world aviation schools of the latest. two thousand. european markets tumbled on news of economic stagnation across the continent seems to convince an already skeptical germany even more of the euro. and another kind of market. trade in india is on the rise. of colluding with those illegal. stricken people sacrificing the health. of the headlines are next to spotlight and i'll go off looking at how some.

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