the some of the gateway hits the ground in period. the taj west coast coromandel. good to see don't need to go and. read this the colonel was hurt as a retreat. to convince an already skeptical germany to shoulder even more of the euro's burdens even as european markets tumble on news of economic stagnation across the continent. the skies over moscow welcome the world of aviation as scores of the latest jets perform breathtaking stunts at this year's max two thousand and eleven. another kind of market a gruesome organ trade in india is on the rise with authorities accused of colluding with those illegally preying on poverty stricken people. their health for life.

international news and comment live from moscow this is r.t. with the twenty four hours a day european stocks plummeted on news that economic growth across the e.u. has stalled france and germany need to work out a way to end the debt crisis sweeping the eurozone but europe's financial powerhouses are at a dead end even before the negotiations have started and then is refusing to throw even more money at the crisis artie's daniel bushell reports now from brussels. the magic pill that supposed to spread the euro across the european union is something called bombs that in effect trans northern european stability to the states it would create a single. people could pull into the supposed effect would begin to call them investors to show that there is a united front and the strongest states also leave in solidarity with the weak

periphery countries like greece portugal spain italy now germany for good reasons doesn't want to discuss it but take me at the moment it doesn't want to lose its whole of the reputation as a reliable. by signing up to this some investors a bit surprised because growing numbers the thing that is the only way to save the euro now influential investors like george soros a political in greece should leave the euro and eurobonds all the only way out now even germany is the already being sucked into this crisis it's the group of its economy. just one percent in the second three months of this year which suggests that the euro crisis is even bringing down because the economy. where we can get more insight from paris chief economist texas asset management investor joins me live there thank you very much indeed mr weston for being with us now after i get america has refused to talk about euro bonds today in this meeting

there's a fear that nothing significant will come out all of today's meeting between the chair isn't now though the time to do something surely these leaders could afford to waste any time. but i come here and some sort of well what do we expect for today's meeting the way we have to wait for the come for a press conference either framework even if we don't have any where you are bones announcement we need a framework in which we can build those are europe institutions that could be inside europe and some credit that's what we expect and probably they will gain some bricks in the new beauty trying to keep you know all europe on the outside that will that end up going to be discussing it today is that the way forward you think. give me all your own problems the old sarah. all right sorry about this we got

a problem with the communication can you hear me let's just try it out again while they were discussing euro bonds that they could that be the way forward the solution for the crisis at the moment but it's a it could be you know europe on could be a start of this and clearly because we need for the way to. disentangle the dead tissue countries shoes we have to give an institution that could. directly could do a euro bones that could. give somebody you knew they were creating you with market for euro bones in fact way it would be easier to to manage europe and death. try to to avoid being dependent on the specific country as we are today so we have to queue think about the whole governance euro area now and that's what we expect from the from today's miti giving some new breakthrough to give the new the new

institutional institutional environment for that it was expected they said it was also you were above said that new institution and garment should that be run by politicians or economists. but it has to be wolf you know we have to build a pretty cool environment for your role and that we know that. it's money weakness for you roy correctly we need more political. power for for europe and the other thing time we need some control on the economy situation we need probably a kind of calm field that could. think about the budget things in different countries and in europe to to avoid this dive of jones we saw in two thousand and eight nine or ten in europe so it has to be

a real economy economy confusion but the political things to you know to be able to manage europe and give a more power to europe and go kind of europe on government so if you're talking about a centralized fiscal control system whereby each member state is controlled centrally by let's say germany i'm going away they tax and the way that they spend could that control indeed come from germany currently the leading economy although obviously we're not still today but where should that centralized power be coming from brussels in germany. but that's that's right it's complicated of the moment is to know how how it could be a good thing in europe because we see with the meeting today it's it's a meeting between the america but i think time we don't have anything about european commission so it's a it's a very comforting framework to be open because we see that countries are asked to

create an institution that. could create the kind of problems was very key from this country france germany to a european institution and that's what that's why it's going to keep it but the things i think we all need. to get covered more than it was a way to think about europe and in such case probably. we have two fronts theropod over i was covering the. entire case germany we know how we know really is the chief we have to share things because we know it's not thirteen on the if we all go together in the same way you can have their stuff thank you so much i'm sorry about the some problems that but at least wanted not to get a compensation together thank you so much indeed chief economist and not texas asset management joining us live in paris thank you ok.

well the european central bank has announced it spent an unprecedented twenty two billion euros in just one week and money went to propping shanking economies of its own in spain because all of these i mean are going to reports public faith in the ailing euro may already be beyond a quick fix. some work to live others lives to work corkey market combines the two today he and his nephew run the picture framing shop set up by hawking grandfather almost a century but the family firm is now rough spots. like all in spain my business has been struggling although it's not visible in all areas of business times had been very hard. consider this unemployment at more than twenty percent one of the highest in the eurozone bigger gantry and sovereign debt ever costlier 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 many ask the question is the result 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 a dent in 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 out of brussels because it's outside of the e.u. competence they have neither the finances nor the labor capabilities to help spain of course many people are unhappy with the place changing the year in eugene. but hook him isn't losing hope that his country and his business will eventually climb out of the slump. it will stabilize in the end it's the small businesses like mine that will do the job because people take were close to heart in large corporations something which me only possible if spain quits the foundering federation of the era zone and puts its own house back in order it was quite a good read. on more news stories for you this hour our team takes you on a tour of the olympic venues as the international olympic committee takes a look around we report on the results of the friendly inspection ahead of the twenty fourteen winter games in sochi. the first high tech combat jets and the

latest gleaming airliners appears in the skies over the moscow region at the moment the world's biggest aircraft makers are russia's next two thousand and eleven airshow showing off their newest designs and artie's tests is there at the field. it's been a really nice exciting day here we've actually seen some of the individual military aircraft making a doing some stunts in the air we saw the sewer 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 of 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 boycie fifteen zero 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 i'm feeling 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 that defense ministry for example had wanted to improve the hardware of the russian military which will be a good positive sign while other countries as we've seen you've 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 plane 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 leave that to the professionals who 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 a russian knights as well as we have now we're expecting them to perform one of these in one of these a six days with 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 fun he's had. there are hundreds fair here and they couldn't get air field the stands for two of the most famous aerobatic teams in the world even a dress rehearsal has no margin for error. today is one of the last chances for the russian knights and the swiss to practice a new program the head of the mike's show performance. the showstopper the trademark nine plane of two very different aircraft delighted migs information became. known from below the false jets in perfect sync but as the pilots touched down compass run high. that's normal everybody

cares we're all in the mood to work we all want to put on a great show. these pilots don't think of themselves and the trainers they're serving officers the flying elite hand-picked from the entire russian air force the best technology develops. being abandoned in favor of long range missiles and it runs trade. these demonstrations of piloting prowess just becoming a sideshow right. richard so i don't think so at all the real war or the critics could often be jeremy go back to whom and how they can respond to the situation skills will never become obsolete enough to go again practicing for hours perfecting distills only harmful 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 alive.

here an air of. the airfield. with us here on because we'll be at the next two thousand and. have some first class flight action as well as talking to the captains of the aviation industry there. close up. future flights. to the max air show. the two thousand and four tsunami in south asia to get nothing from many of the victims that live along the coast of india recovering has been next to impossible and so on have resorted to selling the only thing they have left their own body parts as this report cholera

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 didn't i'm not an old bugger when i went to a broker 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 kahlo was one of hundreds of thousands of people who lost everything in order to get back on her feet she got along but she was leader unable to repay. we had a lot of bent 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 just for it 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 dust spirit transplant tourists in one thousand nine hundred four the indian government how the 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 said even though each transplant was supposed to be approved by 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 two who can scout nearby poor neighborhoods for someone who

is willing to sell their kidney and go under the knife. through. roots of this. thought a blind eye. to transplants from the donor to the recipient take place in the hospital simultaneously the donor ends up making a little over a thousand dollars while the brokers can profit almost double the. no i went to the group grew 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 day for 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 that part of what i can go to work i have severe pain in my abdomen and my chest. 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. 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 aussies can inform that's because the purple castro lobby doesn't want to see it go. cuba ninety miles from america's shores and for fifty two years a world apart oh and the cuban revolution in one thousand fifty nine the u.s. imposed an embargo and all trade investment in travel and 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 insight 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 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 old and by 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. with 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 the spanish 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 stop well to rag on what they're asking i mean including the chairman of the house foreign affairs committee ileana russell and i welcome the on. 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 community is very focused and it's very concentrated in florida in jersey therefore we really have to make an effort to get out there and create the relationships to live socially and agenda that has been known to change many politicians minds including president barack obama i think.

you know obama changed his mind while campaigning before the cuban american national foundation. but while the majority of americans favor ending this ancient against cuba even protesting in the streets i think. we have yet to match the strength of the anti castro lobby killing ford r. t. washington d.c. . but i thought that you and some other world headlines this hour and staying within the story we want to play this hour in france a formal investigation has been opened into international monetary fund chief christine lagarde relates to allegations from when she was process finance minister when she approved a huge payment to a friend of president nicolas sarkozy the guard denies any misconduct and there's no suggestion she profited personally her attorney believes the investigation won't affect her role as i.m.f. chief. and government tanks and seeds of the syrian port city of latakia forcing thousands of palestinian refugees from their four days of shelling has claimed at least thirty lives and troops have been making house to house arrest officials have

a lot of reports that gunboat's of joint troops and the attempts to cross the uprising against president assad. and got away r.t. for what it is in syria one of the few foreign journalists there you can read her understanding of what's happening all over twitter feed she has all the latest on. the. international olympic committee has been checking in construction for the sochi twenty fourteen games that seem including the head of the c.d.c.

says good progress is being made in the preparation there or he's done a lot he went to see for himself. this is the mountain cluster of the olympic project i'm a nine hundred meters above sea level as you can see the views here are fantastic and this is exactly what a visitor center athletes will see during the two thousand and fourteen winter games but by then of course everything you see here will be covered in snow over the games. this morning facilities are truly taking shape with construction moving into the final few laps you will see a stadium for fifteen thousand visitors to ski trampolines and also immediate village which will house over two and a have thousands of journalists will show sochi sports spectacular to the world members of the i.o.c. visited these housing facilities during their short working visit and they say that this part of the olympic park is very important because it will leave a lasting legacy even after two thousand and fourteen what's happening here is absolutely tremendous we've never seen something like this these families going to

be turning to where. to repeat this to mission result. oh oh responsibility and here you see just to get a look at sports you know there was this is exactly what's going on you know and so should we should look at it or do it to twenty four. but this is just the beginning . because the guys here which starts really after the games next year here in this valley in sochi will see nineteen world class sporting events giving the venues that thorough dry run before the facilities will be used for their primary purpose . well that brings up that the moment twenty four and a half minutes past the hour now the business next with korea. oh and welcome to our business report here on r t as we've been reporting before

moscow's international air show is underway in moscow this year the organizers expect more than ten billion dollars worth of contracts signed now if you're going to be called is there for business. this is set to be a record breaking year for mocks with more people than ever coming through the show but one of the spectators at the myers it's acknowledge it and pass by the aerobatics display teams there's also plenty all serious business taking place in russian market is expected to grow rapidly boeing says potential off of one hundred and ten billion dollars over the next twenty years and says it's raise it to invest heavily to build on its position here over the next thirty years we expect it to invest about twenty seven billion u.s. dollars here in russia about each hundred billion dollars in titanium five billion dollars in engineering support and expertise and about four billion dollars in other ventures in number of deals have already been announced have us has agreed to

sell a three hundred twenty jets to russia a line trunk there all with a catalog price over seven hundred twenty million dollars russian made aircraft are also selling well sukhoi has agreed to sell twelve forward super jets to indonesian airlines for almost four hundred million i'm following the success of the plane its parent company united aircraft corporation has announced a bold new plan to build a lone ranger aircraft this would be in direct competition with planes from blowing and add loss and expects to start production into twenty. now let's have a look at the market stocks in the u.s. a following as more evidence points to a slowing global economy stocks are affected by slowing growth in germany the u.s. reports of painting and makes economic picture housing remains weak but industrial production rolls last month and european stock markets close makes found she was able to foot sea off and it backs down on the latest economic growth figures from

germany a factor of the market they've proved to be particularly disappointing showing the euro zone's biggest economy virtually stalled in its second quarter growing just. point one percent overall euro zone growth stands up point two percent for the period and here is russia where the r.t.s. in my xix and slower as well as saying publicly three percentage canonize x. and it down nearly two percent care the snapshots of the market movers in the eyes ix gas problem whilst one point nine percent the company has reported eighty six percent growth in net profit for the first half construction company paid has also opposed the first half is also its almost thirty million dollars net profit against twenty one million dollars losses during the same period last year and financials were also suffering's bad bank was down by nearly two percent could price is a down on those worries about german economic growth like sweet is currently trading at eighty six eighty seven dollars

a barrel and what brand is that one hundred nine dollars a barrel and finally precious metals there mixed gold as up selling is back on the markets actually they're both up this point silver is also up trading point twenty five percent a thirty nine percent at thirty nine dollars and house. that's the latest business update the now will be back with more and just under one zero. wealthy british sign on the sun. is my time to explain the. market why not. come to. find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines khans reports.