the skies over moscow welcome with the world of aviation schools of the latest jets performing breathtaking stunts at this year's max two thousand and eleven. european markets tumble on news of economic stagnation across the continent as france seeks to convince an already skeptical germany to shoulder even more of the euro's book. and another kind of market a gruesome old trade in india is on the rise but already is accused of colluding with those illegally preying on poverty stricken people sacrificing their health like.

global news around the clock this is our life from moscow i'm wrong. european stocks plummeted on news that economic growth across the e.u. has stalled well as france and germany meet to work out a way to end the debt crisis sweeping the eurozone but europe's two financial powerhouses they're at a dead end even before the negotiations have started ballin is refusing to throw even more money at the crisis he's trying to push the reports from brussels. well the magic pill the 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 beds people could play into the supposedly. calm investors to show that there is a united front and the stronger states are solid and in solidarity with the we can

solve and periphery countries like greece portugal also spain and italy now germany for all of those reasons doesn't want to discuss it particularly at the moment it doesn't want to move this whole reputation as a reliable economy by signing up to this and it has actually said that euro bonds will play no role in the talks today some investors a bit surprised because growing numbers are saying the euro bond is the only way to save the euro now influential investors like george soros say portugal and greece should leave the euro and eurobonds or the only way out now even germany is already being sucked into this crisis needs growth the growth of its economy skidded to a halt just north of 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.

all right so we can get some more insight from brussels now international consultant and former m.p. of the belgium holland a load of i know starr joins me live good to see you are so the do with what are the what were the introduction of euro bonds mean for the e.u. why is germany so fiercely opposed to well first of all the euro zone is only fifteen only twenty seven member countries so this solution would be a solution only involve these countries it would be in the short run shared. with the shoulders it can carry. i can understand in the short least that germany is opposed to it. you know what that means in practice is that they're going to take the gun and the public good of other countries into sure and of course germany's economy depends on the tribe being of economic in the european union so it's a it's a noble it's a mixed feeling and it's certainly not a long term solution now and we can see in germany of a month are holding a lot of the buying and the euro as i just a dresser of

a report moments ago saying that are germany's economy right now is actually slowed a bit with the growth of germany are so opposed to these euro bonds then with me meeting with angela merkel and sarkozy what's that meeting about what what what what what are the options here well it's hard to look inside what if thinking i mean when two and biggest economies of the european monetary union get together it is of course always meaningful if only on the psychological level these need instanter to draw the line for the euro zone countries at last in general so whatever it is side here is basically taken up by the other countries in this specific meeting and i don't really know what it is about i mean i think it is not a little bit domestic problem and google and sarkozy are facing huge problems with their popularity in the in the polls so i think it's also new with the image should building at or not so much into finding a real solution now the economic growth numbers we've seen this week make it clear

that even behemoths such as i germany and france even they are not safe from recession and how it's going to affect the overall ongoing euro zone debt crisis there are some to compare it with with a physical idea because the answer is i mean it's so well submerged it's never gonna come back again well of course these doomsday scenarios to have a kind of salutes fulfilling prophecy quality to them and i mean i'm not denying that there is a huge problem on the contrary but basically we should also see what kind of recession recession true and for want i mean what i see is at the same venue we've multinationals big making enormous profits. i mean what is this what is a recession and for whom that's the question we should waste and of course we'll be economy on going out the debts are going to rise obviously so the problem is not sure just what to do but again the problem is with the do a buck economy a little vitality of the economy and there are other solution than just trying to insurance when you talk about these multinational corporations making huge profit

of a time of economic downturns and and the citizens bailed out by the average person losing benefits losing security losing jobs paying higher taxes but the people who got it us into this mess in the first place is not in africa operations in these banks they're just putting themselves out as by paying additional correctly absolutely and that is the basic that is a real problem that alonso merkel and sarkozy are not facing i mean they're not going after the ones that cost the crisis they're not going after the ones that have the money that as we lost in this crisis i mean why not talk about the raising taxes on those people why not to talking about putting social demands only be allowed for the advanced listen you get this money in which he will use that could put in infrastructure and things that are beneficial to society and that is the question that they are not the reason search but should i mean what is the endgame here should the big multinational corporations should have big banks should they be

allowed to just go back problem drop into the fall and restructure the whole system na-na na-na na-na of course not of course not nobody is saying that what i'm saying is they should be forced to follow another policy on their investments and that he should google back to the kind of investments that brought europe it's welfare in the sixty's and the sound these and not in a collision we're not going to do all these hatched loans in all these fancy inventions of the last decades make a huge profits for some people would have no basis in productive economy we have to go back to productive economy. the point now is is it possible though that the eurozone should have a state each country with its own national currency could that have made a difference here do you think well if one cannot say what what if what if being or you goes around. the eurozone will probably survive just for practical reasons there and remember it took so many years to to clear in the first place and even to

see portugal and recently even just not sure has done something like overnight i mean it might take a tree four years before that is done and in the meantime the crisis not be over so a good thing is we have the euro we have but we have to give it in order meaning so far it's been in the liberal project for it to become a multinational etc it's not been a social pariah project so we'll just have to change the character of europe and to what it stands next let's do and that's the debate that's not being made by external recently sarkozy and merkel all right a lot of i know it's the international consultant and former deputy speaker of the belgian parliament thank you. but the european central bank has an out and spend and president a twenty two billion euros in just one week the money went to prop up the shaking economies of italy and spain but if that is a really good reports public faith in the ailing euro may already be beyond a quick fix. some work to live others lives to work hawk

a market combines the two today he and his nephew run the picture frame in shop set up by hawking grandfather almost a century ago but the family firm is in iraq part. like all in spain my business has been struggling although it's not visible in all areas of business times have been very high. consider this unemployment at more than twenty percent one of the highest in the eurozone again soon sovereign debt ever costlier bonds and the country's problems don't start there despite being the fourth largest the problem in europe spain is definitely feeling the bite of the credit crisis and that let me ask you question is the eurozone such a great idea after all the answer may just be no the country's rating has been downgraded twice in september of last year with moody's agency threatening to do so again in the future in fact some in spain believe the best strategy in the current

climate may be an exit one. this would give us a certain autonomy it would affect positively internal processes in the country purchasing power will give citizens access to all sorts of benefits and would have been good for the wages it very well could lead to the improvement of situation in spain. a key factor here is distance while the spanish struggle with tears in unemployment benefits is largely being decided by europe's paymasters in chief in brussels. what we're witnessing here major internal problems which you cannot solve out of brussels because it's outside of e.u. competence they have neither the finances nor the labor capabilities to help spain of course many people are unhappy with the place painted in the european union. but 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 three or four people take were close to heart in large corporations something which me only possible if the floundering federation of the ears own and puts its own house back in order even. hundred. of us are here on our more economic ups and downs in our business bulletin our kareen over to you well us studs drop at the opening have to more evidence pointed to us slowing global economy the latest economic growth figures from germany are particularly disappointing they show the euro zone's biggest economy virtually stalled in the second quarter growing just point one percent. all right see you soon cut by the jets and the latest gleaming airliners are all piercing the skies over the moscow region the world's biggest aircraft makers are at russia's mark's two thousand and eleven airshow showing off their newest and sweetest designs but artists are silly as there is one of the field joining us live

now. hello hello so fly girl how's it going out there. oh it's been a really nice exciting day here we've actually seen a some of the individual military aircraft making a doing some stunts in the air we saw the seward thirty of modification destroyed twenty seven as well as the f. fifteen that was pretty impressive as well and this is what it really is the a max two thousand and eleven it's about showcasing what they're capable of what these aircraft are capable of doing in the sky and as far as russia's participation is concerned one a very a highly anticipated model is the assume boid t fifteen and that is the first russian made fifth generation plane and it's also the first in twenty years that russia is putting something forward in the market here not the only other the generation plane out there is the f. twenty two raptor which belongs to the u.s. air force and we're talking this generation these are more efficient faster and have better stealth capabilities of military aircraft so again it's sort of going

to be a game changer if it does get into the market right now they have a prototype is going to make its first public on daily here at the max two thousand and eleven certainly looking forward to that and for the for the russian fleet this is again a milestone seeing the defense ministry for example had wanted to improve the hardware the russian military which will be a good positive sign while other countries as we've seen have been seeing a defense of budget cuts again interesting dynamics here at the max of two thousand and eleven but of course it's not just that i've been looking at smaller planes looking commercial planes you have the big airliners here the a dreamliner of boeing the airbus a three eighty and i've also found some small what they call experimental quite some of them you can build at home so i've been trying out those but i have been careful not to try anything funny because you've got to the professionals are waiting for the teams of the french air force the italian air force the u.s. and as well as a russian to russian t.v. have the russian knights as well as we have now we're expecting them to perform one of these in one of these a six days my colleague wrote that he was lucky enough to

actually see a glimpse of that he went behind the scenes with them during one of their practice sessions let's see what he's had. yeah. airfield the stands for two of the most famous aerobatic teams in the world even a dress rehearsal there's no margin for error should days one of the last chances for the russian knights and the switch to practice their new program ahead of the marks show performance. the show stopper the trademark nine planes of two very different aircraft delighted migs information. from below the force jets looked in perfect sync but as the pilots touched down tempers run high. that's normal everybody cares we're all in the mood to work we all want to put on a great show of. these pilots don't think of themselves and the plane as they're

serving officers the flying elite hand-picked from a russian air force technology develops. being abandoned in favor long range missiles and of. these demonstrations of piloting prowess just becoming a side show. richards i don't think so at all the real war critics can often be jammed so we go back to who sees whom and how they can respond to this situation skills will never become obsolete and not to go again practicing for hours perfecting the skills only caring for the world capable of old fashioned dogfights might not be as big a part of as they once were but here they're keeping the.

field. will be two thousand through our. flight action as well as into the captains of the aviation industry who are all in attendance. closer. every angle. shape the future flights. our team takes to the max air show. it without a life in moscow now the two thousand and four tsunami in south asia took everything from many of the victims that lived along the coast of india to recovering has been next to impossible some have resorted to selling the only thing they have left their own body parts. of reports. cala

a room again is alone in her tiny empty apartment in china i 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 mother. i went to a group her he told me that i could sell my kidney i agreed because i was in a bad situation and my children were small we did not even have any food to eat when the two thousand and four tsunami hit the coast of south asia kala was one of hundreds of thousands of people who lost everything in order to get back on her feet she got along that she was leader and able to repay. we had a lot of banked i had to worry money to buy the fishing boat the people i borrowed money from started asking me for money they said they will come home and there's us if we didn't repay 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 has a law meant to regulate organ donation in this country it first it was supposed to get an organ from a donor who was in some way known said 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 poorer neighborhoods for someone who is well. to sell their kidney and go under the knife but they never really

falls through. part of it so there's got to this the law. brought 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 group crew 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 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 leave the court or whatever i can go to work i have severe pain in my abdomen and my chest but i don't worry and while horror stories of the right 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. all right so you would like to know such a got some other headlines from around the world this hour hundreds of protesters have been arrested in india as they gathered in new delhi to demand the release of a prominent anticorruption activist but they are talking slogans and even blocking some roads police detained seventy three year old. right before starting the hunger strike officials to toughen the legislation bribery play country. the israeli parliament has interrupted its summer break to discuss the growing social protests across the country and rest stop at the start of demonstrate against soaring housing prices and the cost of food fuel and education politicians will debate. i do not expect you can produce a new legislation in solo october. thousands of palestinian refugees

have fled a camp in the syrian port city of latakia and made government shelling up to ten thousand people were trying to escape the bombing which has claimed at least thirty lives recently by government troops reportedly made house to house arrest in the city and gun boats joined troops as part of attempts to crush the five month long uprising against president. the majority of americans and i think it's time to lift the fifty year old embargo against cuba but the government doesn't appear to be listening and forward that's because the powerful and see castro lobby 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 u.s. imposed an embargo and all trade investment in travel to tempt to bring down the communist government i felt castro. said of the cubans who fled the island for the u.s. push to keep his agenda alive and said and take castro lobby was born they give

a lot of money you know u.s. elections are in fact privately financed so they'd be 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 in about thirty or forty years old and say 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 ensuring us killer policy remains virtually unchanged. under that it will enhance the effectiveness of the embargo the united states will keep the embargo. here than one percent of americans are of cuban origin and the journey emigrated before the end of the cold war and like the rest of this panic

population in the u.s. fifty 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 so. including the chairman of the house foreign affairs committee ileana russell and i welcome the. opportunity of having anyone assassinate fidel castro and any leader who was oppressing 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 community is very focused and it's very concentrated in florida in new jersey therefore we

really have to be in our for to get out there and create the relationships to lobby the social and agenda that has been known to change many politicians minds including president barack obama. you know obama changed his mind while campaigning before the cuban american national foundation. but while the majority of americans favor ending the sanctions against cuba even protesting in the streets i think. they have yet to match the strength of the n.s.a. castro lobby killing ford r. t. washington d.c. . talk to business news now with kareena. kapoor welcome to our business update here in r.t. and we've been reporting earlier that moscow's international airshow is underway robotic displays may be impressing the crowds but the real business is selling hard work this year the organizers expect more than ten billion dollars worth of

contracts to be signed first out of the box so who are which was selling twelve of its projects to indonesian airlines for four hundred million russian helicopters and is announcing the sale of forty aircraft to terror for over three hundred meanwhile russian airline transair zero is buying eight airbus a three hundred twenty jets with the catalog price of over seven hundred million dollars christopher buckley vice president of air bars outlines his hopes for. 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. so. many more our crops in the coming year it's. let's see if we can we probably like to win. with fourteen fifteen percent of the federal markets and even this year in two thousand when we

have a move we have you all creatures we're very proud. express good thoughts and. sold it for twenty years to try and zero if we can continue with the current rates and say grew our sales here by five to ten percent a year we'd be delighted to. have our 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 so horseshoe projects you may see says now intends to design and build a long range aircraft it would be in for in direct competition with planes from boeing and airbus expects to start production in composite interesting. looking at the markets now u.s. stocks are falling at the opening of trading after more evidence pointed to a slow slowing global economy germany's economy stalled last quarter dragging down growth for europe and investors are digesting strong earnings reports from dow components wal-mart stores home depot who markets in new york are under pressure

the latest economic growth figures from germany have proved to be particularly disappointing they show the euro zone's biggest economy virtually stalled in the second quarter growing just point one percent overall eurozone growth stands at twenty two percent for the period of time there is one of the biggest losers in frankfurt sharing five percent. and here's russia where they are has a nice excited down that close yes like a percentage of isaac said almost two percent. and here is the snapshot of the markets movers on the mines that gas prongs losing over two and a half percent the company has reported eighty six percent growth in that profit for the first half construction company pig has also posted the first half results of its almost thirty million dollars net profit against twenty one million dollar losses during the same period last year and banks are also suffering as burbank has downtime to three percent the sell. could prices are slightly down after seeing some overnight gains in the us light sweet is still trading at eighty six dollars

a barrel of oil brands are at one hundred eight dollars a barrel and precious metals are mixed calls as up selling is back on the stock markets while silver is down it's trading out thirty nine just over thirty nine dollars per ounce. that's a business out that for now we'll have more fear in just on the want to try me.

more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. trying to look for additional room today.